Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, September 16, 1907, Image 11

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/HE ATLANTA <SUUL<<J1AX AXU NEVVB. HAT, COTTON FUTURES Liverpool Was Much Lower Than Expected Monday Morning. AMERICAN SYMPATHY New York Selling Off 29 to 35, New Orleans 27> to 29 Points. NEWS AND GOSSIP of the Fleecy Staple. v. «. Clark.) Now \ork. Kept. 16.—Bartlett. Frazier & < arrlngtou: Llverjwo! was duo* a Lout 2 points lower, not taking Into consideration the weak New York curb ami the heavy break In New Orleans after the local clone. Opened Irregular 9 milutM lower mi near ami 19.points lower on late months. At 12:16 p, hi. It was quiet SV4 to 10 lower on near and .< to 9*4 lower on late months. Later entries reported a further decline of 1 to 14 points. quiet 15 points lower; lultlilllug, 6.92d New York. Sept. 16.—There wns rousldern- 1,1p excitement nt the opening of the rotten market niul the undertone wns wenk. Knor in.m* liquidation on stop-loss orders wns ,.f the results of the big break on Saturday -it New Orleans nfter market here hnd rioted and of the brenk In the market at Liverpool today. Absolute demoralisation was only cheeked here by heavy pur chases of houses with European connec tions to cover aborts. This gradually ab sorbed the flood of selling orders and after the call prices steadied a little. The weakness of Knturduy In cotton fu tures wns continued Mondnylmornlng. and sharp declines were established. first quotations from the English market were much lower than had taen expected In response to the slump on this side 8nt- iii-dny. The decline continued up to the dose*, which wns weak and unsettled 17 to 194 points lower. Spot prices were marked off 11 points. In New York the Liverpool lend was fol low.*d. Initial prices being 16 to 29 points lower on the active position. The continued weakness In Liverpool after the opening «as reflected In further sharp declines dur ing the morning.—nt the low point selling 29 to 3,» points under the closing last Satur day. At 11 a. in. prices showed u small rn Tfn*. New Orleans market opened 9 to 10 points lower ami during the morning sold off to 27 to 29 poliits below the previous. The South was reported a free seller dur ing the morning, which, together with long liquidation, were the early features. Around the noon hour liquidation was renewed and prices were carried sharply lower. October breaking through 11c, selling at 10.97. The close was steady, slightly above the lowest, net 43 to 50 points lower as compared with Saturday’s finals. * Estimated receipts Tuesday: 1907. 1906. New Orleans.. .. 700 to 1,500 9,669 Galveston 10,500 to 11,500 32,361 Houston 12,000 to 13,000 19,621 uric* i.OOO, American 6.800; speculatInn and smut 600. lui|M»rts 2.0-10. all American Liverpool comes vefry much lower air close, but ns there occurred a sharp ffeak In New Orleans nfter our Hnturdnv'r lose the preseut slump III Liverpool till: Horning is not surprising. J.lquldntloii o_ '* Hue of long cotton Is responsible mission house stop-loss orders. The talent looking for a reaction, but all depends 1 whether the South eontlnues soiling. T. If. Price gives out a lot of crop guff of a lieaiish nature on cotton. The liquidation looks ntioiit over, shorts will hardly atlaek again t< the trailing shorts will cover q any signs of strength. Think Jj 11.40 Is a buy for 10 to 20 points. New Orleans. Sept. 16.—liny wind. Vick & Clark: Liverpool much worse tbn p**cted. Futures at present 9 to 11 lower a iiInmiI 3 to 4 lower due on New York, prices 11 lower. Sales 7.000. Mr. Price sending messages predicting further severe decline this week. Atlantlcs report heavy damage from rains, Map shows It also. Believe market will ad vance on unfavornIrie weather. Map Indicates continued cloudy weather, and showers In the belt with predominating east winds. The 1 Indus News has computed the total for its second cotton crop condition review from 544 reports from Texas and t rltmies. The report shows Indicated yield Texas 61.03, eompnrefl with last year ami The erng« Market 1 asts of 11101 happens to 1 is 130.3, •ndylrig on bullish •e rain In the belt. Tf any! ... lower ‘grades, like mini storms. It would have n decidedly bullish •ITect on the market. Just like last sent Market looks decidedly better. Few 1 >rs now and shorts nre putting It up •overlng. Think the worst Is over, anil any one who holds on to long side will make ATLANTA MARKETS. FRUIT AND PRODUCE. SPOT COTTON MARKF.T. Liverpool, easier; middling 6.92. Atlanta, nominal; middling 12c. New York, quiet: middling 12.»». .Now Orleans, nominal; middling 12c. Augusta, quiet; middling 12c. Savannah, steady; middling 12c. Galveston, quiet; middling 1274. Wilmington, nominal: middling 12*4. -Rf. Louis, quiet; middling J274- Boston, quiet; middling 12.20. Philadelphia, quiet; middling 12.45. Mobile, nominal; middling 124- HAYWARD, VICK & CLARK’S DAILY COTTON LETTER. EGG8—Active. 24c. LIVE POPLTUY—Hens active. 49«42c; chickens (freshi/2244136c. Bucks (Pekin) XM each: puddle, 25o cacu. Turkeys active, 16c per pound. DHFSSKD POULTRY-Turkey*. drawn, active, 20c pound; fries active, 20®224c lb.' hens. 16c pound; ducks, drawn, fancy, J5t pound. PBOntJCE-Lard, 12c pound; hams active. 16c pound; shoulders active. lO^llc pound: sides active, 11c pound; butter dull. 10&124? pound; Iveswax active, 25c |iound; liouey (bright! relive, 124c pound. / FRUITS—Lemons, fancy Messena. $4.60; Swift & Couinnny's sales of fresh beef In Atlanta for tho week ending Saturday, September 7 average 6.70 per pound, bananas. 4c pound: plneappes. Florida Stock, none; limes. Florida stock. 50 per hundred; peanut* In sacks averaging 106 pounds each, owing to grade. 64178c pound: cantaloupes active, $1.25<&1.50 crate; water melons, 5010c each: Georgia peaches, $1,500 1.75 nor crate; rhubarb. 75c. STABLES— Potatoes (new), $3.00 .net showed a declliW of 12 poliits. or about 7 more decline than due,’before trading met*red pn our side. S|n»t prices we lower; sales. 7.000. The break was forced pilnchmUy by the liquidation of straddle omnuttnenfs. ‘ inlntmeut from Llvei, rk opci the leading New . - - .... jt a heavy decline this week led to accumulation of selling orders before and their execution caused an Ini ..hi loss of 24 points. Shorts took the of ferings and steadied the market to 11.52 for OK 0 .. predicting to nc opening 1 tin I loss ngs n.... — - emta*r. but soiling orders came pouring In on Improvement and prices dropped again to the lowest Inside of the first hour. It seemed as If nil confidence was gone and the market completely at the mercy New York bear crowd. The weather map. although not showing any critical developments, must be consid ered rather unfavorable. Ilnlns were gen eral throughout the cotton region ami henv. In const districts and the Atlantlcs. where damage by rain Is reported. Indications point to continued cloudy and showery weather. Should these rain* continue for several days and create f«*nr of a wet spell, a change In feeling itml the market would he pretty certain. Weather rendition* must be carefully watched, as the one hope for a stop to hear control In cotton. A lowering of grades by storms-or bad picking would, like last sea son. have a decided bullish effect. The trading settled around 11.35 for De cember. but wns very quiet. Restrictive leg islation In the Kouth has delivered the fa Id of cotton completely to the financially stronger speculative centers. New York and Liverpool, both with a natural tend ency toward the bear able. The one market through which speculative opposition to undue depression wns possible has been brnmd about with restrictions until now we see the sad spectacle of former years— that Is. the producing South forced to wait until speculative Interests In the consumers markets sec fit to think the price low enough. New York, Sept. 16.—Bartlett. Frasier Sc Farrington: Violent flue!nation* character ised the movements of cotton futures In Now Orlenn* sfter our dose Saturday and Liverpool declined badly this morning In sympathy. The opening wn* 10 to 20 points lower for the active options. The reason for the weakness was liquidation by Impor tant long Interests discouraged nt the way cotton was declining lately. Crop advices t*Hlny were rather bullish and the New Orion tin lutereMt worked strenuously to rally the market. The tendency was unmistaka bly downward, and the rallies would be 'cry feeble. The two markets—New York and New Orleans—are now nearer together. , January In New Orleans often sidling lit the j rami* prices ns January In New York. It is • encoded that the short Interest Is 1 what extended, bht the tendency * downward. The money situation, the movement ami trade miction argument* "dll have more Influence this fall. \Ve look for lower prices and advise selling 011 bard GROCERIES. RICK—.lap, 5054c; head, 6®7c; fancy head. 70T4c. according to the grndc. CHEESE— Fancy full cream 164c; Georgia Edited by Joseph B. Lively. MARKETS Mr. Lively’s twenty-five years* experience of ed iting markets.0> Atlanta and the South has made him a recognised au thority In bis specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAME OF STOCK. Alual. Copper Am. Ice Securities. . . Aiu. Sugar Hennery. . American Smelting. . Am. Locomtlre. . . . do. preferred. . . . Am. Cur Foundry. . American Cottou OH. - Anaconda . . AtehfSon . do. nreferred. Atlantic C. Line. . . . Brooklyn Rapid T. . ■ Baltimore X Ohio. . . Cheniipeake A- Ohio - Canadian Pacific. . . . Chicago Sc Alton. . . . Consolidated (ins. . . . Colorado Fuel Sc Iron- Corn Produce Colorado Southern. . . Delaware & Hudson. . Denver & Rio Grande. Distillers’ Securities.. - Erie do. preferred. , . . General Electric. . . . Great Wesiern Great Mortbero pfd. . Illinois Central Interhoro do. preferred. . . . . Kansas & Texas. . . . NAME OF 8TOCK. kmisus \ Texita |»fd. . Louisville fc Nashville. Missouri Pa elite. . . . Mexicuu Central. . . . New York Ceutral. . . North western. * , NiF'onni Lead Norfolk A Western. .. . Northern Pacific. . . . , Ontario A Western. . . Pennsylvania Pacific Mall People’s Gas Co. Hock Inland do. preferred. . . . Republic Iron At Steel. do. preferred. . . . Southern Pacific. . . . Sunt hern Hallway. . . do. preferred. , . . St. Paul Ten 11. Coal Sc Iron. . . TAxa* Pacific do. preferred. , U h. Steel. . . . tlo. preferred. Western Union. . Wabash do. preferred. O [ S ■rr Id* ' 6s s ifw’ l n*w”! 6874 tfs-if tSSTii 164 lo%i IMs 1054' 1044 1964 1194 '.j 854 ■ 1*374 ■ 194 . 43% 8*4 1294 L'S-.ij 129»4| 34' 334! 334 334 94 12D ! H9V 119V 16^ 10IV4 ! 143*4 ‘ Pi TIPS FLASHED From Wall Street. Special to The Georgian .New York, Sept. 16.—Bartlett, Frasier A Carrington: Americans In tandem generally nhoyo parity. New York Central strong and up '1 point; Heading up 4. Western*truffle official* do not seem to he disturbed by report* from the cast of _ confidence regarding The pronounced weakness In * feature Saturday, and 119V 119V 8541 8541 SSVij 964 MV 9.V‘I I» 41 19 I 19 434: 434! 434j 85'il 844! 154 1541 15* 129*1 .lisijj liii' lswil liii.I iXi, the future. Steel stocks this helped iiUMCttle the list. The'bnuk statement was a disappointment, hut, ou the whole, there wnu 11 more cheerful feel ing when comparison* with former year* were matte. The fall In prices timing the week has been severe In the industrials. The railroad list also suffered, but In a lesser degree. Bear pressure on the Industrial* will probably continue. Itallroml stocks arc better supported ami many Investors arc taking these stocks out of the market. Ir regularity Is expected in ear5.» Lading. Town Toph-s; .lust before tbo bear drive last week we advised the hh! rails ou all sharp EARLY MOVEMENTS WERE CONFLICTING Volume of Business Was Moderate in Prominent Issues. SOME GAINS SHOWN* ii«k Soil Total sales today 682.490 shnres. NEWYORK. The following Is the range In cotton fu- turn* In New York today; Sept IJ unit 1.16(1 l.ltij Ilf J6| 11.96-11‘ <k..< in -jr. 11 -i' it o-rin n-»In rr>jrt Oct. Nov.. Dec.. Jail.. US} .ill.: .11.-1 fl* TT.38IH.26 11.26 li.W-lo.TOTBy 11.47)11.09 11.1611.16-17111JM0 Closed steady. 11.62 11.25 11.32 11.67 11.67 11.67 11.72111.32 11.40 11.32-33111.77-78 11.36-38:11.81-82 11.39-40111.85-86 LIVERPOOL. Following It tbe opening range. 2 p. m and close, compared with vetterday'e dose Futures opened quiet and steady. Opening Prevb#..* Unnge. 2 p.m. Close. Clou* September... 6.46 -6.464 Sept.-Oct.... 6.34 -6.35 I ... J Oct.-Nov.... 6.29 6.884 6.274 6.20 Nov.-Dec.... 6.27 -6.25 6.21 6.16 lltw.-Jliu.... 6.93 -6.234 6.224 6.1Its 6.8*4 6.23 -6.234 6.214 6.11 0.324 Feb.-March.. 6.22 -6.21 6.22 6.144 Mnrch-Aprll. 6.23 -6.25 .... 6.154 Aprll-May... 6.23 -6.224 6.23 6.16 Mny-Jnne... 6.24 -6,254 6.234 6.434 6>4 6.33 6.334 6.334 Closed weak and unsettled. NEW ORLEANS. ' The following Is the rnnjto In cotton fu nre* In New Orleans today; 2 g r.2 slit Closed very steady. 11.90 lf.53jll.53 11.50 j 11.84 U.IM1II.I6 11.29 11.28 29ill.«l-« 11.25 '11.80 11.53* II. 13! 11.25111.21-25; 11.69-6 11.55 j 11.13i 11.26 11.25-26111.60-6 1 ! 11.26 11.61 11 64 11.29 11.36 H.39-40 11.73-1 ! ! 11.42 111.76 lJ.45-47iJJ.79 NOTES ON GRAIN Pointers ou Provisions. Chicago Record-Herald: From estimates secured almost exclusively from Its own correspondents, the Hally Trade Bulletin presents an estimate that the total wheat crop of the three northwestern State* Is 171.000.000 bushels, of which 40.000.000 bushels ;re durum. The figures In detail, which Include eotnhlued yield per acre of spring and durum, were: - Durum or Spring Total Mnenronl. Wheat. •Bushels. Minnesota 10.000.000 51.IXW.000 61.000,000 S. Dakota 12.000,000 31.000,030 43.000.000 N. Dakota 18,003.000 49.000,000 67.0(30,000 toe*. 2 pounds. _ , . case: 8 pounds, $2.25; beau*. $2.33; Lima henna. 64c; lw»st matches per gross. $1-66: macaroni, 64{?7c pound; •sardine*, mustnrd. 13.25 case. SUGAR—Standard granulated 5.20; New York refined. 4-90; plantation. 5c. COFFEE—Roasted, Arlmckles, $16.00; bulk In bag* and barrels. 1?c; green. ll©12c. Shred«led biscuit. $5.00 case; No. 2. rolled oats, $3.25 case; sack grits. 96-pound bag*. $1.35; oysters, full weight, $2.00 case; light weight, $1.10 case; pepper, 18c |N>und; bak ing powder, $5.00 case: rod salmon, $5.00 case: plnlt salmon. $4.25 case; cocoa, 40c; chocolate. 33c; snuff, 1-pound Jars. 48c; roast beef. $2.60 case; syrup (New Orleans), $5c gallon; corn, SOe gallon; Cuba potash. $3.25 <63.80 cose; peanuts. 8c; rope, 4-ply cotto.fi, 18c; soap, $1.5004.00 case. FLOUR AND GRAIN. FLOUR—Highest patent. $5.75; best pat ent. $5.25; standard patent. $4.75; hnlf pat ent. $4.65; spring wheat patent. $6.00. CORN—No. 2 white 8Uy, choice white, 85c; No. 2 yellow. S2c; mixed. 81c; cracked corn per bushel. 85c. CHICKEN FEED—Fifty-pound sacks. $1; Funlft chfck feed. $2.00: Victor feed. $1.50. OATS—No. 2 white. C8c; No. 3 mixed. 66c; Golden oats. 6oe; white clipped. 70c; fancy white dipped. 72c. MEAL—I'lahH. per 96-pooml sacks, 80c: 48- pound sacks. 82c; plain, 24-|>ound socks, 83c; tf YlAY—Timothy, choice large bales. $1.S5; do., choice small hales, $1.36; No. 1, on* third bales. $1.39; Np. 2 one thlrd hales, $1.20; choice prairie, $1.00; Bermuda. $1.00. SHORTS’—Choice white, 91.70; faucy. $1.65; brown (80 to 100 pounds). $1.60; bran. $1.4". COTTON SEED MEAL—Prime per ton, $26.50; No. 2 pr? ton,. $24.00; bulla per tou, $12.50. PROVISIONS. PROVISIONS’—Supreme hams. 154c; bel lies. 2>Vfi25 pounds average 104; fat lucks, 8.20; Supreme lard. 104. Purity coni|M)uud, ‘ California ham*. Me; dry salt ribs, 0.20. FISH. FISH—Bream. 70c pound; snapper. 10c pound; trout. 8c pound; blue fish. 7c pound; potnpnno, 23c pound: mnckerel, 124c pound; mixed fish. 6c pound; fresh water trout, 8c. BAGGING AND TIES. BAGGING—1% lb.. 104c; 2 !»*.. lie; 24 lb., ?*; re-rolled iseei»nd hand), 74c. TIES—New $1.15 bunch, secoud-band $1.05. spots COTTON SITUATION IN EGYPT FAST REACHING A CRISIS. New York. Sept. 16.—According to The Lnidoii Times, the dislocation of the credit III 11 cry ntHMcd liy the ^Egyptian fall- vl!l Egyptian cotton extent result III lielug tlunueeU than usual on a cash basis. 'I'tent lii«Tea*e in the d«'inand on r.ondou erdgu*. in rlie onlluttrr course of btisl- a*’**, the idauters would have reeelved alKHit $20,000,000 ou the signing of the con- tiaets for the new crop, hut thus far the pnrehases have been much less than tHiinl. n»e normal shlpuient of 100.000 bales of • *o pounds efleh monthly, requires a Isn’t MT.ftJo.non. The Times says: ** rhe shippers of cotton appear to be try a cap has been made In n'-r?ptanee fa cilities. the strongest neeeptnnce bouse* nre naturally unwilling to till It.” The Egyptian situation, therefore. Is fast reaching a crisis. The planter will suf fer In holding Ills cotton for some time to come, but the splinter must consider the effect of delay of weeks or even months In the delivery of the staple at such points a* Boston. St. Petersburg and Yokohama. Tills Is Interesting to the long staple cotton growers of tho Notith. The Frankfort Fluanv. Herald professes Ignorance of the ultimafe destination of the gold recently shipped from New York •*l»y way of Germany. r but It Is Increasing^ iv prohitbli to supply n drain of gold to Egypt. According to an Alexandria correspondent of The Mai»eh«*ster Guardian, the whole banking system appears to have worked Itself loose from the cotton market which has simplified It* own transactions by deal lug directly through the warehousemen. No doubt, bills of lading can he easily negotiated against actual Hlilpnn the gap to which The Times pear* to be widening. Swift A- t’o.’s sales of fresh beef In At lanta for the week ending Saturday, hbp- teinber 14. averaged 6.36c per pouud. Total 49.000.000 131.090,000 171,000,000 The estimate Is the second largest yet Is sued. The Van Dusen report, recently Is sued. was 180,000,000 bushels. Including 30.- 000.000 bushels durum, and the government •rcentnges Indicated 166.00Q.I be Armour Grain Company ..'fitly published, wns tnttch lower than any other—138.010,000 bushels. The estimated nli- ntml requirement of 525 flour mills of tne Northwest under a good coiulltlun of trade Is estimated by the Northwestern Miller nt 150,000,000 bushels, and seeding requirements of the three states nre 20.00O.000 bushels, thus Indicating that the total crop Is Just about even with tho home requirements and leaving no wheat for export or ship ment to mills outside of those state*. A* the milling conditions nre very good and there Is of course a more or less steady shipping and export trade for spring wheat the quantity withdrawn In the shape of spring mid durum wheat will have to l»e made tip In Importations of wheat from othe** states. Premier H. I*. Roblln, of Mnnltoho, says: ”1 have Just received the following from Winnipeg, which, I fear, Is too true: ‘Think 70 per cent of wheat territories will l»c badly fronted. Have hnd severe frost* there tbe lust two nights. Should say nltout f) per cent of northern Manitoba badly rrosted. Have had some cars Inspected front southern' Manitoba and nil show tome frost, grading Nos. 2 amt 3 northern. Do not look for over 25.000.090 bushels No. 2 northern or better, balance No. 3 northern to chicken feed. That condition Is tbe figure It out at the present tlm less this weather Improves quickly tlons will be even worse than this. Taking everything Into conuhlerntlon up to Hie pres ent time, do Dot look for over 65,000,000 bushels, probably 70,900,000 bushels at out side. Can not find any export business to hut bits of Inquiry.* ,r h Improvement was seen yesterday In the export wheat trade. The foreign de mand was centering largely mi winter wheat ami there was a disposition to take the soft winter wheat where the hard was not avail able. A big bmdiies* was done nt Kansas City niul at the gulf, r.nd It would hav lieen larger If the ear situation hnd been easier and the exporters of the Houthwest hnd not been tied up to some extent by large previous sales. This situation threw much of the demand toward Chicago. There were sales of 420,030 bushels bash wheat here, of which the great bulk was of No. ‘ CORN AND OATS WEAKi LOWED AT OPENING Wheat Opened Higher and Increased Advance Dur ing Morning. Chicago. Sept. 16.—Decline registered In the corn n»nrl._. 4G4e lower and wheat w f %GU any. Oats He higher in sympathy with the strength abroad weather wns warmer In all direction more, favorable for finishing of crops a ns harvesting of same. The strength •ell win at abroad was on unfavorable reports from both the American nnd Canadian northwest, eatisiug of the shorts. Wheat *M!4o higher, corn off 4mid oats were 4c up to 74c off. iTovfsbi ed i’4« better. CHICAGO GRAIN MARKET. yesterday’s close Previous Open- High. Low. Close. Close 8ept..,, quantity of No. 2 rod winter wn* sold and a Idd for 3)0.000 bushels Were of No. 2 red winter came within 4<’ of the seller's view. Quite a quantity of wheat Is lielng loaded out now that hnd previously been sold for shipment East. Vessel Interests reported 400,090 bushels loading and loaded yesterday. New York reported the sale of 06.000 bushels rye yesterday for export nt the highest price on the crop. cfers np HAYWARD, VICK & CLARK, COTTON, 8TOCK8, BONOS, COFFEE, ORAIN AND PROVISIONS. Carondel.t and Gravfrr Sta., Naw Orl»ar.«. MEMBERS: fef K;V^?»C. ( «.a A,,a *>• Vo* .ml Chlrn*,, Corr-ipoml-nl.: J. 6. BACKE & CO.. AND BARTLETT. FRAZIER * CARHIN3T0N, PRIVATE WIRES TO ALL POINTIL TRADE ON STAPLE COTTONS BECOMING MORE ACTIVE. New York Commercial: In an effort to get the latest styles In the market dress goods buyers representing the Interests of the Jobbing trade of the flouth nnd West nre In town nnd they nre having considera ble trouble In locatl ig stocks available spot delivery. The call for th$ dress fabrics In neat fancy worsted and fancy woolen Is liedomlng strong In the retail trade and this Is bringing Jobbers luto the first hand market to supplement their ear lier order*. At the time of placing business for the fall and winter many of the largest 1 were undecided as to how the col- ..mild sell. It Is now seen that high color fabrics nre In strong demand tit broad cloths and all smooth-fared fabrics, and there Is a reorder business cumliig In on these good*. The market for staple cotton* Ftidny was active by comparison with tin 1 earlier day* of the week. MevernI of the entters-up who have been !u*tbe market t<* get drills and shirtings nr under price* havi changed front and are taking goods for dr livery within tlir«>e to four mouth* nt th< sellers' term*. Throughout the market for staples lu cottou* prices hold firm u moderate volume of forward buying. Tbe members of the flllk Association of America have decided not to act upon the suggestion of the foreign raw silk buyers of Yokohama and ls>yeott certain re-reels a* requested, lu the jobbing market there Is sit excellent business pussing and the store trade Is tbe largest that has been Invoked In many years Dec.... May.... loHK- Sept Oct Jan... 15.59 I.AltU- Mept Oct... 9.02*4 Jan II l IIS— Sept 95 984 1944 93'4 99% 105% m 1044 ~59 564 &7* an 574 59 5574 6674 ’ 5274 53*4 61% 53 5274 H 944 99 1047* 63*4 66 S. 574 91*4 9844 104*4 WEATHER REPORT. WEATHER CONDiTIONS. The pressure continues stave te eastern talf of the countn ■st In North Carolina and Virginia. * - —. The pressure decreases to Uie west with a low area central on the const of Oregon. Cloud iness prevails this morning over the major portion of the cotton belt, the Missouri and upper Mississippi valleys nnd the northwest. Knln has fallen in the Inst 24 hours In the south Atlantic mid gulf const regions, In the north-central states nnd nt n few scat- tered stations elsewhere. The tempera tin es show 110 marked changes for the past two Threatening w showers tonight . . peeled lu this vicinity. S a,,. -----■■H,- Extended to Over Point in reactions. U’e have l»een repeating"!be" 11'^ Noi'UlCm Pacific—At(*hl- vice dally nud still do so. except that now It A 1 tUi A 111 ALU11 would be well to take the long side ou even moderate reactions lu such Issues as the Hills and Hiirrlmans. St. Paul, Atchison, Heading. Delaware, l'ennH.vIvmila. North western. Bull (more and Ohio, Louisville nnd Atlantic Coast Line. Hcurwed bear pres sure Is likely on the flteel. Copper and Smelting stocks, but such attacks will only furnish tatter opportunity to buy Hie rail*. son Point Lower. 3 per cent seml-nniiunl dividend. The wls dom of this may l*e doubted, but the event will prove a source of Increased bullish en thusiasm ns regards the railroad list, and add to the growing feeling In Investment elrcb* that the time has come when pur- ehnses In this department may be made with every renn " ' the practical c« fore long. The money market «wltl from .... fleet heavy government de|»o*lt*. Monetary conditions nre already strong, hor when such transactions a* the Culp eifle convertible bond payment, that pan.v’s payment to I'ennsylvnnla on account of the Baltimore stock purchase, the Jap anese bond redemption, the city bond Is sue arrangements and other syndicate activ ities Involving In the aggregate hundreds of millions of dollars, can la* miecessf rled through In one season's time innrkef disturbance In rates. We do not regard either cotton or the grains ns attractive purchases nt. these levels, and would not hesitate to sell the former on nil bulges. Americana are easy In the London mar ket. THE LONDON STOCK MARKET. HTDCKfl— Anaconda Atchison do. preferred .. Amalgamated Copper DnitlunflV and Ohio Canadian Pacific hesnpeake mid Ohio .. . Erie do. preferred Illinois Ceutral LouIkvIIIc and Nashville . Kansas and Texas .. ,. prefci COTTON REGION BULLETIN. For the 24 bears ending nt k a. m.. 75tb Mexican Central New York Central Great Western 'etinsylvmila Ontario and Western .. .. Northern Pacific Philadelphia utid Heading . Hock Island Southern Pacific .. Houtheru Hallway do. preferred flt. Paul Union Pacific United States Steel do. preferred Wabash preferred New York. Sept. 16.—Everything that hap- : pencil lu this morning'* denting* confirmed the analysis of the mnrket made in Inst week’s close, nmueiy, that certain indus trials were bdng used nt* a club In the at tempt to make conditions easier for covers lug in the rest of the list. There was no cue to the tendency of prices In the early London trading. American stocks were Ir regular. mul foreign houses have orders on Loth sides of the nccouuL, The oneulng- here was strong, but this wns quickly fid- lowed by a renewnl of pressure upon the I tilted fltntes flteel stocks, under which the common went down 4 point nnd the preferred l point below the lowest of Hat- (inter. The motive for this selling move ment wn* transparent. While it was In progress tbe leading rail road Issues broke somewhat sharply, hut the actual volume of business on the de cline was exceedingly small and no hold ings of any couseiiueuce were dislodged. The t-nld on the H'teel shares failed alto gether of Its purpose lit permitting short contracts to. he covered.In other d!rertiou*,> and prices were hid up rapidly for a time, the Northern Pacific and Union Pacllte stocks being especially favored In the buy ing. At the higher level the mnrket lie- quiet and yielded generally front the Its -Impression on sentiment, ('losing bids follow: Railway Stocks. . v. v.:: SL v. .7 rj% Baltimore mid Ohio., Canadian Pacific.. .. Chicago and Northwestern.. Colorado floiitherh Denver and Klo Grande,. .. Erie.. .. ,, ,, ,, ,, ,, -jh Louisville nml Nashville Iu9 Manhattan L.. *** ,.11S. .... 15.374 15.474 15.474 16.5) 15.35 15.45 15.45 8.C24 LIVERPOOL GRAIN Wheat opened \%it\ higher p. in. Mj4 higher. Closed 74#HVs higher. Corn opened 4644 higher and nt 1:39 p. 4 lower. Closed 4IN VISIBLE SUPPLY GRAIN. Following shows the weekly visible sup ply of grain: Wheilt decrease 1.847,000 bushels. Corn Increase 840.000 bushel*. Oats Increase, 796,000 bushels. ST ATI OHS Ttmptralart ATLANTA Jj , DismcT. Mu. Ml*. /uiHiitu, cloudy •('hnttntinogn, clotuly. . . . Columbus, p. cloudy. . . . Greenville, cloudy •Mncon, cloudy Home, cloudy . •Hpnrtnnburg, cloudy. . . . •j’lH-coa. clear West Point. ciQudy. . . . S.1 SR SI 84 Sfl KR «) 83 67 68 72 64 70 64 65 65 6!) ”T7!T“ .99 .90 .90 .(IN .00 .90 .14 .00 •Minimum tcmpernturHi ending 8 n. m.. this date. are fur 12 hours DISWCT AVERAGES. CIMTKAL j Ttmpiutnrt. ill Hi STATION. III Mu. 1 Ml*. 2 Aim utii Augusts (Twrlcsfon Galveston Little Hock Memphis Mobile. Montgomery New oilcan* OklnlH.mn Snvniiiinh Vicksburg Wilmington 8 10 4 15 11 13 4 9 10 11 1" A5 M 82 88 99 K* 86 86 . 90 90 S6 9*) w 67 66 70 70 66 7.) 70 7" 65 66 70 j 66 .63 .96 .31 .24 T. .00 r. .02 .26 T. .40 .td .02 _ Indicate ..... yesterday. t2) Fo 24 hours rudlng 8 a. m.. CHICAGO CAR LOT8. snd estimated receipts for tomorrow ars ni follows: Today. Tomo< Wheat .. „ 246 ...... oru .. 024 Oafs 5)2 Hog*, head 33.000 23,000 LIVE 8T0CK MARKET. some, especially In the dress fabric* and cottons, the buying Is of unusual propor tion*. Tbe orders eouitng III to tbe II. B. Claflln fo, on American prints are large ami represent the retail interests of prac- call the entire country. Wool nod worsted ynfns ore selling to better advan tage than they have m-erfooaly this mouth, ami this Is nttrllHiti-il to the fact that tbe men s wear and -dress goods manufacturer* Ms ate more confident ul their spring trails Closed caster. Chicago, Kept. 16.—Ilog*-nocelpg« 32.000. Mnrket strong to a shade higher; light $6.20 C6.(3? .pri?y*j.|S-6«ff»6.624.L^ | 9 tv - v *>■ 3^1/6.251 rough 95.304fS.55; pigs •S.SMfO.tO; yorkers $6.60 66.6). Cattle—Reeelnta $6,000. Market 10c lower; beeves $467.25; cowi |4.25^6.50; Texas steers $*,7566: calve* $f>:75|f8: western cattle $4f#6 ■tinkers and feeders $2.6065. Sheep— Receipts 28,030. Market steady; na tives $3.23-fj5.80; western $3.254#?».85; yearlings $5.5066.40; lamtia $5ff7.65; western lambs $5 ©7. holding as It now sppenrs on their lioets. Narrow Print Cloths Wanted Trading yesterday wn* somewhat heavier Trading Friday wns somewhat heavier on narrow print cloth*. The prices that nre taing asked by large printers for their fin ished product* make It possible for them to par prevailing rates for gray goods, nml they seetn ready to take odd* and regulars on n basis of l*Ae for regular*. Wide goodji are In demand for delivery during the next three to four months on a basis of 74c tor standards. COTTON SEED OIL MARKET. Following Is glvcD the opening nml clos lag quotations uf tbe New York cottcn seed oil market. Opening. Closing. Beptemtar 51 65.»4 64*46544 Oetnlwr November 4146454 fiereuttor. ....... 4J January. i5tb iiierldlou time. milmiMirtniit. Itnlnfnll •d lu nearly nil districts, taring gener ally light WEATHER FORECAST. Washington, flept. 16.—Weather condition* and general forecast: ('oiidltlons are unsettled over the north ern tier of state.*, with a shallow low area over Wisconsin and upper Michigan and a decided one on the nortn I’nclflc const with a broad ridge of moderately high nre* between. The coiidltloiis have resulted In geuerul showers from the upper lake region westward to the coast ami showers con tinued In the south Atlantic mid gulf states. Elsewhere tjle weather wns fair. Temperatures as a rule have risen and are quite high (11 the central valleys, tbe lak^ region and New England. The weather will be unsettled tonight and Tuesday lu the lower lake region, the south Atlantic nnd cast gulf states, with local showers. In th» middle Atlantic states It will he mostly fair. Temperatures will change but little. Forecast until 8 1*. in. Tuesday: Virginia—Fair tonight; wnruier lu the ex. trenic southwest |*ortion; Tuesday pnrtly loialy: light soutlie.iHt to smith wlmis. North Carolina—Fslr tonight nnd Tups- light to fresh easterly winds. Ill Carolina, Gooruin nud Eastern Flor- 1 tied weather with is<-aslonal milgbt or Tuesilay; light to fresh ast to iiorfhenst winds. Western Florida. Alabama nnd Missis sippi— Unsettled' weather with occasional 1 tonight or 'J'uesdny; light to rresb east to northeast winds; |H>s*ibly increasing on the coast. Kentucky mid Tennessee—Fair except pos sibly local showers tonight or Tuesday. LonlsMmt—J4fiowers tonight mul Tuesday; fresh northeasterly winds on the const. Eastern Texas—Showers In eastern, fair 1 western imrtlon tonight mid Tuesday; fresh southerly winds on the c«HUt. Western Texas. Oklahoma. I'ldlmi Terri »rv ami Arkansas— Fair tonight and Tuvs- lay. NEW YORK COFFEE MARKET. Til- following ileiirr. Kir, the nptnlni inn and rlnw of th. New York i-olTn nrket for today: Opening Unnge. . .6.15 6.29 Jannary February March April May June July August fleptember October November December Closed steady. ..6.156.25 . .6.35-6.49 . .6.35-6,45 ..6.40-6.45 ..5.96-6.00 . .5.96-6.09 ..6.00-6.06 ..6.00 6.06 ..6.19-6.15 Close. 6.15 6.20 6.20 6.25 6.25 6.30 6.39-6.35 6.354.40 6.40 6.50 6.49 6.50 6.45 6.69 5.90-5.96 5.9a 5.1-5 6.00-6.06 fi.l0f.15 BANK STOCKS. Central Bank & Trust Union Savinga, Lowry Nationairi’rioes on ap plication. HILLVEE INVESTMENT CO., Bond 0,p't. EngliiH-American Bldg. .Missouri I'nclfic 694 New York Central lOUi Uennsylvnnlii llfix. Bending gf, Koek Island is Bock lain ltd preferred St. Until Southern Pacific Union Pacific.. Iiitertairnugh-Mctropnlltnn lutcrborougli MctHqmlltnn pfd.. . Great Northern M-tcollaneous. Anmlgamnted ('upper American Car and Foundry .. American Locomotive America 11 Tobacco American Cotton Oil American Smelting and Befitting . do. preferred Brooklyn Hnphl Transit Colorado Fuel and Iron National Lend Feojrii * United. do, preferred Western Union 77 Virginia-Carolina Cheintenl $0*4 MONEY AND EXCHANGE. New York, flept. 16.—Money 011 call 1*4 (>t44: time lonus unchanged; sixty day* 54; ninety dnys 674®6; six month*. 6 per cent. Posted rates: Sterling exchange $4.$24 *14.864, with actual buslnea* In tankers’ bill* nt I4.8530fi4.8535 for demand and for demand nt $4tor *lxtr <J*.r bills. Prime mercantile paper unchanged. London bar silver steady nt M6d advance nt 31 %d. New York tar silver 67%c. Mexican dollars 62%c. THE METAL MARKET. New York, flept. 16.—Weakness wns shown at the lornl metnl exchange today. Copper was off 4*- Spelter down 13 points. Lead heavy. Tin firmer; up 1c In Irid and %c In tho asking price. v.:: 2? .. ..1264 .. .. 58*4 v. ::B- .. .. $0 .. .. 32 «:■* J 4%1 UNION 4 SAVINGS BANK Oould Building CAPITAL STOCK . . . *100,000.00 RESOURCE* *2 50,000.0 0 4% day; Koui Ida—* NAVAL STORES. postal fo The Georgian. Savannah, flept. 16.—Turpentine firm at _jiik|&2: sales. 49; teeelpt*. 73t*. |4I% Bosiii firm: sale*. 1.650; receipt*. 1.850; .. I/41U Wlmlotv glass. 96.1/>ffd.2S; nnter white. $6.9fi,’i 40 , ,{#4I 41 #414 I M. $5.<*: N. $5.45: K. $5.25; I. $440; II. $4.0); I 404641*4 ta (*. $4-5064.55; F. $1.45*4.50; E, $4.i5; D, aster. Miles 2,909 tarrtri*. $3.16; C B A. $3.5). N.w York. Boston. Chicago. Wathlngton. Phll.d.lphl* Baltimore. Atlanta. New Or lean,. San Franclico. London. Ths Americah Audit Compahy, 100 Broadway, New York City. F. W. LAFRENTZ, C. F A., Prefc Q. E. MANWARING, Vico Pr,fc THEO COCHEU, JR., Secretary. The American Audit Company, chartered under toe laws o( Now York. Is empowered to examine tbe affaire oI, and make report, upon the finan cial condition of prt.ate and public concern* for directors, officer* and In dividual,. Tbe preparation and Installing of systems a specialty. ATLANTA BRA.fCH. 101G-1016-1017-1018 FOURTH NAT’L BANK BLDO.. C. B. BID WELL, Resident Manager. Telephone, Main 872. Cable Address, Amdlt, New York. L. H. Fairchild. Established 1883. 8. J. Whit* L. H. FAIRCHILD & COMPANY, NEW ORLEAN8. filembar*; New Orleans Cotton Exchxngt. Now York Coffee Exchange New York Cottou exchange. New Orleans Board of Trade. Yew Orleans Stock Exchange. Chicago Board of Trade. LIVERPOOL COTTON ASSOCIATION. Private Wire* to NEW YORK tod CUICAGO. Order* aolldted for futnre dtue* *i 7 on abort Exchange* IS. C. COTIIBAN. FRANK HAWKINS, President. • II. M. ATKINSON. Vice-President. THOMAS C. ERWIN. Caehler. JOSEPH A. M'CORD. Vlce-Preeldent U. W. BYKHS, Assistant Cashier. Third National Bank Capita! - - - - $200,000.00 Surplus and Profits $400,000.00 Dll. A. W. CAf.ltOUif. MILTON DAIIUAN, JOHN W. GItANT. II. Y. M’COltD. FitANIC HAWKINS, U. M. ATKINSON, JOSKPII A. M’CORD. J. It. NUNNAIAY. J. CARROLL IAY2C& K. B. ROK8RB. DAVID WOODWARD. ALONZO RICHARDSON & CO. PUBLIC ACCOUNTANTS, AUDITORS AND BANK EXAMINERS. Audits, Special Examination,. Costing and Syit.matirfng. EMPIRE BUILDING. ATLANTA, GA.