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YHE ATLANTA GEORGIAN AND NEWS. 8ATUKDAV, SKPTBMBr.R St. 1907. Jo COLO WAVE FEARED III WESTERN BELT Caused Cotton Futures to Open Unexpectedly Finn Saturday. t STARTED SHARPLY UP Increased in Strength and Closed Steady 20 to 25 Points Higher. Liverpool nt (O' 1 opening whs lower than due on the New York closing of Friday, but prices Improved Immediately after the open ing, leaving the mnrket steady at about a parity with New York, 5 to 7 points higher. Condition In the belt favored better prices In New York, consequently the disappoint ing cables were without effect on the American markets, the opening In New York showing advance* or B to 13 points, and was rushed sharply higher hi tue first ton julnutes of trading. The mnrket gained strength ns the ses sion progressed. Trade was active for the two hour*' session, shorts showing consld erable nervousness, and covering freely, while the bulls were more confident and were liberal buyers. Should the cold w*Te now forming in the northwest move south ward Into the belt, fire works will be touched off next week. At the elose Saturday the tone was call ed •‘steady," net 2Q*Tti5 points above the filial figures of Friday: Estimated receipts MondSj^ New Orleans /......5.000 to*7.000 6,718 Galveston 8.003 to 7.000 21,238 Houston 0,500 to 7,500 16,741 NEWS AND GOSSIP of the Fleecy Staple. SPOT COTTON MARKET. Liverpool, steady: middling 6.64. Atlanta, quiet: middling 115-16. New Orleans,, firm; middling 11%. New York, qnlet; middling 11.fo. Savannah, steady; middling 11%. Augusta, steady; middling 117-16. Mobile, sternly; middling 11%. riiarlost on. nominal ^middling 11%. Wilmington, steady; middling 11%. Italtlmore. nominal: middling 12c. Boston, quiet; middling 11.85. Si. I.uiils, qui. t: middling IJ. . Norfolk, steady; middling 11%. Galveston, quiet; middling 12%. INTERIOR RECEIPTS. The following tablo shows receipts In th* Interior today t compared with the same'day hist year: Houston. Augusta. . Memphis, st. Eomfi Cincinnati, Total. . 36,789 3,777 1,808 WORLD’S VISIBLE SUPPLY STATEMENT 525 Inst year. The total visible Is 2.324.2v7. against 2.253.- 623 last week and 1,966,737 last year. Of this the total of American cotton It 1,613,233, against 1.5*5,570 Inst week, 1,194.277 Inst year, and all other kinds. Including Egypt, Brazil, India, otr., 811,063, against 868.047 last week and 77,000 last year. The total world’s visible supply of cotton, as above, shows an Increase compared with last week of 70,683, and an Increase com psred with Inst year of 368,06s. Or the world’s visible suppl there Is now afloat and held In ala and Europe 1,268,000, against J,880,000 Inst year; In Egypt 11,000, ngnlnst 83,000 Inst year; hi India 435,000, ngnlnst 600,000 last year, nud In the United States 592,000, ngnlnst 617,000 Inst year. SPINNERS’ TAKINGS AMERICAN COTTON Special to The Georgian. (From Hayward, Vick & Clark.) New York, Sept. 2S.—Bartlett, Frazier & Carrington: Liverpool cables were due 6% $4?% higher. Opened steady 4<?j5 points high er: closed steady net 5fr7 points higher; spot < >ttori i,. 1 p"iius I jjht-r ii Id filing 6.64; sales 3,600; American 2,700; apeo- 11!:111■ >11 mimI «• \poet ■■ ; American; sales after close yesterday, 2,000 bales. The small, fitful rallies In this market give n good opportunity for the bear crowd to put out more short lines. The cotton lias every indication <>f working to lower levels. The movement keeps up in Increasing volume. The weather Is favora ble—Just enough rain ns needed—with pick ing extensively engaged In. The only fear Is a run-in of lightly margined shorts. But this will have only n temporary effect. Sell cotton on a scale-up. Shorts covering and Increase In specula tive demand should cause greater Improve ment. Ulordan still buying January. Storm warning central belt moving north ward. The mnrket lias a good undertones and looks ns If it will do better. Mitchell sold ulordan 6.000 January at 11.20. Rlnrdnu bid 11.20 for 5,000 more. Hicven-'weiity-one bid for January. Price a big buyer through Ulordan. Follow ing is the statistical position of cot ton on Friday, September 27, ns made up by The New York Financial Chronicle: This Last Last Woalf \Vi.,iL- Vwip VI.II.Ip slipptjT ....MlMil 2,sqs.ai6 1,975.748 American 1.510.754 1,565,506 1,197.716 III tight, week .... SM.657 715,311 559,176 - • 7(8.832 170,255 966,705 151,509 5(7.165 <56.055 221,111 152,668 275.119 106,108 11,472 151.377 150,476 901192 184.18* 105,718 78,523 152,791 140,440 118,680 175,861 Edited by Joseph B. Lively. MARKETS Mr. Lively’s twenty-five years’ experience of ed iting morkets (n Atlanta and the South has made him a recognized au thority In his specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAME OF STOCK, Since September 1. Port stocks ........ Port receipts Exports Int. receipts Int. shipments .... Int. stocks Following is the Liverpool cotton state ment for the week ending Friday. Septem ber 27: 1907. 1906. Week’s sales 82,000 77,000 Of which American.... 28,000 18,000 For export T.300 1,000 For speculation 1,100 800 Forwarded ...*•*..««••<• 47,000 86,000 Total stocks ,..-.........§06,000 257.000 881.000 Of which American 601.000 177,000 591.000 Actual exports 9,006 4.000 9,000 Week’s receipts 84.000 81,000 45,0< Of which American ... 17.000 28.000 82.000 Since September 1. 71.000 82.M0 190.000 Of which American -..^.OOO 50,000 186.000 New Orleans, Sept. 28.—liny want Vick & Clark: Map shows heavy rains. In, the corn tral and eastern states. They check picking and are good cause for advance In the mnrket. , , , .... . . Storm warnings Just read out. May chock selling and put It up n little, but New York Is very much ngnlnst It. Storm warning: Ixmlslans and Mississip pi const disturbance In central gulf; spunr- ently moving northward. Will probably cause higher northerly winds this afternoon and tonight. , Mtf Memphis. Tenn., wires: Southwestern Cotton Buyers’ Association makes Texas 68, ngnlnst 60 Inst month.” Mnrket looks as If It will be sold off about 8 points. , The Journal of Commerce report of Geor gia and Alabama disappointing. Not by far na good ns expected. ATLANTA MARKETS. FRUIT AND PRODUCE. EOG8— Active. 28c. LIVE POULTRY—Hens active. 40ft42c: chickens (fresh). 22%TOc. Ducks (I’ekln) 30* each; pnrtdle, Sc each. Turkeys active. 16c D D^eSSeD POULTRY—Turkeys, drawn, active, 20c pound; fries active, 20e22%c ItM hens, 16c pound; ducks, drown, fancy, 16c P °PlioDUCE—Lard, 12a hound; hams active, 16c pound) shoulder* active, lOOUc pound; sides active, 11c pound: butter dull. 10tfJ12%c pound; beeswax active. £5c pound; honey (bright) active. I2%c pound. FftU ITS-Lemons, fancy Meisenn,,14.60; bananas. 4c .pound; pfaespiMS, Worlds stock. f4.OO04.5A; apples! 'fliSfcfljbY^J a mo I rn ~ o nuutes, *^.00. dried apples 12#12V§e; dried peaches, 14« ts, 84.71 r " —. 14%e; cocoa nuts, ! Xew Orleans. Sept. 28.—Secretary Hester gives the taking of American cotton by spinners throughout the world as follows, In round numbers: This week 116,000 this year, ngnlnst 161,000 last yrnr. Total since September 1 this year 672,000, Against G05.00 Inst year. Of this American spinners and Canada HAYWARD, VICK & CLARK'S DAILY COTTON LETTER. Xew York, Sept. 28.—Bartlett, Frazier A Carrington: An'all-round squeeze of the •bortn this morning forced cotton up soon after our opeidng over 30 points above yes terday's close. The senep wss started by heavy buying sahl to come from Price brokers and wns due to the covering of a Inrge line. The forecast over Sunday was for cooler weather, nud this created a fear that sonic damage might result, forcing violent.upturn Monday morning. Many li Ueved that 11 gooil lino of shorts had been covered on the recent declines, mul the ninrket was In a weak technical condition, susceptible >0 bullish manipulation for s turn. The market held Its - advance fairly well, but some sidling again appeared, and •mall recessions occurred. We believe there will be some more driving In of shorts through frost scare, ami we ndvlse caution In putting out short lines until prices have recorded non of an upturn. N0TICE8 AT NEW YORK ONLY DEPRESSING INFLUENCE. New Orleans, Sept. 28.—The Times Demo. Cj-nt: "The Issuance of October notices at New York helped depress values In the early session, but n bod weather outlook. enhancing spot cotton basis, cumulative persistency In the farmers’ holding move ment, and the knowledge that October tend ers at Now Orlenns can not be made un der present conditions without a fiat loss of about five eighths of n cent, turned the this, atnl the day’s trading finally brought values back to the closing level of the previous session. Meanwhile, the oracles «re dumb. The times are out of gear. The omens of old are not safe. To a mnn, the talent Is against th<* staple, nud yet the logl- °al ilecllnea aro ns elusive ns an eel. All of Whjeh suggests the probability that the mid dleman Una sobl more cotton than he enn fooveolently ilellver within time limits, from Knvnnnnh coineg the report that f. o. ». uien are now trying to buy back Conv- nitments from exporters jit a loss of 50 Mots on basis.*’—Hayward. Vick A Clark. sack; Georgia peaches '). ■■Ptors per bushel $1.16. sweet potatoes 8L10. Onions 8L26 bushel; Hphnlsb, 81.50 crate; kraut % barrel, 83-76; cabbage 2c ponnd. bead. 7fl7%e, according to the grade. CHEESE—Fancy fair cream 16%e; Georgia “ lion; anlt, 100 pounds. Me, too,. 2 pound,. 52.00 rn,«: I pound,. Jlt6: unvy bean,. 12.55: IJmn l*.inx. (Wc: l«t matched per aro,,. 51.(5: macaroni. 6V507C pound: aardlncs. mustard, 5125 caw. SrOAU-Standard Krnnulalcd 6.20; New York reMr.cd. 4.90; plantation. 5c. COVl'EE—noaateo, Arbucklra, 511.09; bulk In hnB* and barrel,. 12c; irwn, UOllr. Shredde.1 111,cult, 55.00 caw; No. 2. rolleil oata, 5125 nmj wck Brlt«. 9«-poand Iwn, 51.55: oy,ter,. full wel«bt, 52.00 cam-! llsht weight. 51,10 ea,«: pepper, lie pound; b«k. lug powder, 55.00 cn»e: retl autumn. 55.00 ca,e: pink nnlmon. 54.25 ntf: cocoa, 40c: chocolato, 55c; inviir, l.ponnd Jara. 4Sc: roaai beef 52.M cum: «yntp (New Orlenns), S6e mUoh; corn, toe gallon; Cuba potaib. 53.25 413.80 ran,; pennut,. 8c; rope, 4-ply cotton, 18c: map. Il.t0q<.00 ca»e, FLOUR AND DRAIN. PLOIIH—Hlgliest pnlent. JS.S0; be«t pat ent, *5.53; atnmlanl patent. *5.00; half pat ent, 54.86: ,prln* wheat patent. 56.25. CO ns--No 2 white tie; eholce white, 85c; No. 2 yellow. 82c; mixed, Sic: crocked corn Antal. Copper Am. Ice Securities. . . Am. Sugar Iteflnery. . , American Smelting. . Am. Locomtlve. . . . do. preferred, . .. Am. Car Foundry. . . American Cotton OIL . Anaconda. ...... Atchison do. preferred. . . . Atlantic C. Line. . . . Brooklyn Rapid T. • • Bn III more- X Ohio. . . Cbennneuke A Ohio . Canadian Pacific. . .. Chicago Sc Alton. . . • Consolidated Gas. ... Central Leather. • . . do. preferred. . . . Colorado Fuel Sc Irou. Corn Produce Colorado Southern. , l Delaware «V HitdHon. . Denver & Bio Grands. . Distillers* Securities.. Erls do. preferred. . • • General Electric. . . . Great Western Groat Northern pfd. . Illinois Centrnl. .... Idterboro. ...... do. preferred, ... Kansas Sc Texas. . • . wi xvi 109% 3 166" .•si name: or stock. Missouri Pacific. . . Mexican Central. . . New York Central. . Northwestern. . . . National Lead. . . . Norfolk Sc Western. , Northern Pacific. . . Outarlo A Western. , lVnusylvuulu Bock Island do. preferred. . . . Republic Iron k Steel, do. preferred. . . . Southern Pacific. . . . Southern BnIIway. . . do. preferred. * , St Pant Tenn. Coal & Cron. . . TS.xas Pacific. ..... Union Pacific. U- S. Bubher do. preferred. , . , U h*. Steel do.< preferred. . . . Western Unlou Wabash do. preferred. •;.v; it* iiii iiH iiji tiiii iii% tiiii i ■1 i % $6 a ji" ii” ii” 1M TIPS FLASHED From Wall Street. NEW YORK. The followlm: la thu rnuga In cotton (u- « | a im i H 0 |sc rtept.. , . , oct Nov Doc Jnu Feb.. . , . March. . , April. . . . May. . . . 19.TO10.98 iauidifi 10.9611.16 11.11 11.24 ilia ii!3r. i'LsaliLtt wHhKM|iBHHni 19.91110.98 10.99-11 I0.7fl.78 19.98 11,13 1L13-14 10.92-99 11.11 11.22 11.21-22 11.01-92 11.96-28 11.06-08 11.33 11.3*11.33-34 1L12-13 11.87-39 11.16-18 11.83111.83 1L42-48 11.20-21 IjIVERPOOL. Following figures giro the opening.rsnge and close, compared with yesterday: Futures opeued steady. Queuing Previous Range. Close. Close. Boptember 6.22 -«.21% Bent.-Oet I.U7 -6.06 Oct.-Nor 6.01% Nov.-Dec 6.97 4 95% Dec.-Jan 6.95 4.94 Jan.-Feb... 6.95 4.93% Feb.-Marrh 8.96 4.94' March April 6.98 4.95< Aprll-May 6.9S%4.9.H May-.* y-Jutie 6.98 4.97 6.23% 6.08 6.0S% 6.96 6.96 m 6.97 6.27% 5.98 6.16% 6.01 6.96% 5.92 5.90% Moeed steady. NEW ORLEANS. The following Is the range lo cotton fo turps In New Orleans today: NOTES ON GRAIN Pointers dn Provisions. Chlengo Record-Hern Id: The Northwest ern Miller cMtlmntes that the Hour output last weok decreased 26,000 barrel*. This was due to thc-ldbuicss of two mills, nn eveut most exceptional for 8eptoml*er. In other years luills In Hepteml»er have been operated to their utmost capacity. The quantity of flour turned out wns 817.130 bar rels, ngnlnst 248,626 In 1906 and 416,030 In 1906. r There were eighteen mills In opera tion Thursday, and tin* output this week should approximate 320,000 barrels. * H. Il<»rt of Milner Sc Co. write# from ton, Ilfs., thnt the corn down In that section is much liettcr quality than lust year, and more of It. Estimates made by Clcment-Curtls’ crop expert are that there was on Tuesday 20,- 000,000 acres of the corn area with a prom ise of a total yield of 640.000,000 bushels that could be reduced by killing frosls to a food value of 200,000,000 bushels. The gov- eminent’# estimate of tin* nrodnctlon of the same area Indicated 800,000,000 bushels In the September report. Professor Hidden, the corn specialist of Ames, Iowa, said Tuesday that TO per cent, of the Iowa com wo# out of tho way of frost. II. A. Lockwood, of Des Moines, wires: "Heavy frosts In our territory: reports of frost pretty general thougbout the state. PRICES FOR WHEAT WEAKJATHROAY Opened Slightly Lower and Continued to Decline Up to Close. ST. LOUIS CASH QUOTATIONS. Wheat—No. 2 red winter Corn—No. 2 Oats—No. 3 The i Interior joints Northwest Is extremely small. This fty-nound sack*, ft*, Pnnln chick feed, tt.00: Vlslor feed. 31.65. OATS—No. 2 white, CSc: No. 3 mixed. 66c; Goblen oats, C5f: white clipped, 70c; fancy "MEAL—PfaIn,*“per 96-ponnd sacks, 80c; 4S- pound sacks, 82c; plain, 34-pound socks, 83c; 8 7lAY—Timothy, choice large bales, 8L35; do., choice small bales, 31.80: No. 1, oue. third bales, $1.25; No. 2 ooe-tblrd bales, jl.20: choice nrnlrle, 31.00; Bermuda, 31.00. SHOUTS—Choice white, 81.70; fancy. 31.65; brown (80 to 100 pounds), 81.60; bran; 31.40. COTTON SEED MEAL—Prime per ton, 126.60; No. 2 per ton. 124.00; bulls per ton, 113.50. I’llU V IIMW.AO— OUlirrun: U.IIIIH, MC, IM!|. He*. 20025 pounds average. 10%; fat backs, 8.20; Supreme lard. 10%. Pur.ty compound, ‘ California hams. 10c: dry salt ribs, 9.26. BAGGING AND TIES. BAGGING—1% lb.. 10%c; 2 ib., lie; J% lb.. re-rolled (second hand), T%cl TIES—New 31.15 bunch, second-hand 31.06.* HARDWARE. WELL BUCKETS—34.60 dozen. ROPE—Manila, 14%c; Sesel, lie; cotton, 50c. TUBS—Painted. 12.30: cedar. 35. POWDER—31.60: half kegs, 32.75: % keg*. 1150; Dupont and Bazard smokeless, half kegs 311-35; % kegs 35 75; 1-lb. canisters. 3L teas 25 per eept. Trolsdorf smokeless pow er. 1-In. cans. 31. SHOVELS—36 to 111 per dozen. CARDS—Cotton. 34.75 per dozen. PLOW BLADES—5c per pound. IRON 2%o per pound base; Swede, 4%e IfJght tin* gcncril opinion I* no harm done to worn. There has seldom lieon n more remarkable gain In cash wheat ns compared t« futures thnu has lHH*n scored recently in banl win ter sorts. The uew crop started with first sales frmu the gulf at almut Chicago Sep tember dellv.wy price for No. 3 bard winter free on board nteptucr at Galveston. Yes terday's market nt GaNcstou wus noml- sally 6c over Chicago December, or an ad vance In this class of wheat 10 to lie. The gain has lieen 6c hi the last few weeks. There wns s hotter call for hard wluter wheat both at the Atlantic and gulf ports yesterday and premiums were advancing steadily. The call for red winter here yes- terdny n!so showed n marked Improvement.! ; Chicago Evening Post: 8t. Paul, Minn., dispatch: ‘The Farmers’ Talon decided Thursday m lioost prices. The Minnesota union, America ii Society of Equity, which claims the allegiance of 35,000 farmers In the Northwest, pnaaed a resolution nt Its convention here ending on meuiliers to I hold their wheat until the price is 11.25 and flax 31.30. The probability of Prealdcnt Roosevelt ordering proceedings ngnlnst tbs Farmers’ Union for a conspiracy In re- utrnlnt of trade was being debated on the board.” Another bull county heard from. Lori more, N. Dak., saya: "May's farm finished thrashing last night; went 33 bushels per acre; weighs GO pounds." Morris nchwohncher estimated the local stocka of provisions as follows: Pork 83.600 Ihnrrels, lard 93,000 tierces, and riba 21,000,- 000 pounds. These amounts show the fol lowing change* since commencement of the month: 1.900 barrels decrease, lard 12,340 tierces decrease and riba a reduction of 2,345,171 pounds, Chicago, 8ept. 28.—Wheat advanced %c early today, but In the first fifteen minutes trading declined %c from top figures. The tnsp showed frost Northwest and very low temperatures, but no particular rain. The Northwest cars were 646, sgnlnat 684 last year. World’s shipments estimated at 10,- 400,000. (’losing cables were %d higher on nervousness or shorts nnd good support. Wheat was %Alc lower on liquidation by CHICAGO GRAIN MARKET, ruicngo grain and provision quotations f .1 I. M1:5 r III-.. 1\H lolly s. 4-(»tU! Hfd W itt» yesterday's dose; Prevloai High. r^*w. cio^e. Close* ss ia ' : sV s* , _06% 105% 106% 106% TORN WEATHER REPORT. WEATHER CONDITIONS. Unsettled weather prevails over the en tire country, due to the unequal distribution of pressure. There was n rapid fall In the barometric pressure from the Mississippi eastward. There Is n trough of low pres sure extending from the Great 1-nkes south to the gulf. There seems to In* a disturb ance hi the gulf sonth of New* Orleans. Bain was falling this morning at New Or leans. Mobile. Thotunsvillc, Montgomery, Macon, Atlanta. Birmingham, Knoxville, over North Carolina, In western New York mul at a few scattered stations elsewhere. The tenitH*«(«;u>v has risen over the eastern half of the cotton lo-ii nnd on the Atlantic coast as far north as Boston. From north ern Texas to Mouth Dakota It Is from 10 to 26 degrees eobler than yesterday iiioridug. The eoudttlona favor unsettled weather with rain In this vicinity tonight and Sun day; cooler by Humlay night. COTTON REGION BULLETIN. Opao. " DF.V* Kept.... 96% Dee.... Id) May.... 106 AXES—37 per dozen base. LEAD—9%: bar 7%e pound. NAILS—Wire. 32.& keg, t bats; cut 32.60 BUCKETS—Point, 31.70 dozen; white ce- HAYWARD, VICK &.CLARK, COTTON, STOCKS, BONDS, COFFEE, GRAIN AND PHOVI810NA Carondel.t and GravUr St.,, New Orli.nfc MEMBERS: Saw Orleans Oottoii Exchange, New Orleans Future Brokers Aiioclatlcn, York Cotton Ex<-h.«B«, Orlfnn.nn.l Chleoco Bond* of Tr»,.-, Gr.'-is'-'n Cotton Exchange, New \ork Coffee gXCftsnge. Uonato*D Cotton Eicbotue, AmwI.io M.ml.or, Mr-n.ttul Cotton Am a Now York and Chkogo Cofre-pononot,: J. «. BACHE A CO., AND BARTLETT, FRAZIER A CARUINBTON, BRtVATE WIRES TO ALL POINTS. Weekly Movement. Till. Year. Port receipts..... 220.199 Overland to mills and Can.. 3.163 *8nuthcrn mill takings 27,000 Gain stock. Interior towns,., 20,361 Brought Into sight, week....270,714 Total Crop Movement. This Year. Port receipts..,................511,206 Overland to mills and Can.. 9,764 14.882 •Southern mill takings....... 102,000 167,000 Stock at Interior towns In excess of September 1..... 64,391 71.296 Brought Into sight thus far.-.678,360 927,967 Last Yoar. 675,070 COTTON SEED OIL MARKET. lag quotattons of the New York cottcn seed oil market. Opening. Closing. September. October November.' ..... .......... December. ....... .......... January March 41%^ Closed firm. Sales 1,900 barrels. S h 3 £ 1 is »'ATr>— Kept 52% 62% Dec 62% 52% May..... 68% 54 »KK- Kept. Oct... 14.00 Jan... 11.42% IJkHD- Scpt... 9.07% Oct... 9.10 Jnn.... 8.86 Bllld— Kept... Oct.... Jnn.... 53V4 !:S I.CH M S:« ii fflk- 14.00 14.00 15.52*4 8.22% 8.25 T.97% THE LIVE STOCK MARKET. Chicago, Sept. 2M.—MoK9~ttocolpta 8.0W. Market strong »to 5r higher; light 36-2S0 6.77%; mlxwll6.96C6.80; heavy |5.80<S«.7i): rough 85.8005.95; pigs 85.1006.40; yorkers 36.65 06.75. Cattle— Receipts 400. Market steady, beeves RlOOff.ll; rows 31.2506.40; Texas steers 83.7004.80; calves 1908; western ci “ 8406.26; Stockers nnd feeders 32.60^3. Sheen—Receipts 22,600. Market steady; nn. tlves 3306.40; western $305; yearlings I&4O0 6.3D; In tub, KK«7A*. . m ST A riots ATLANTA .iimuiii, rum. . . . •Chattanooga, rain. West Point, rslnl Temperature. Special to Tho Georgian. (From Jlnywnrd. Vick & Clark.) New York, Sept. 28.—Bartlett, Frazier <Sc Carrington: Americans In London decidedly weak. Northern Pacific off 1%, Southern Pacific 1 per cent up. Inactivities also show severe losses. Forced selling reported from Paris. Heavy sblpineuts of gold to Egypt, amounting to 1TOO.OOO. Heavy selling for New York account re ported. The aggressiveness of l»enrs yes terday wns somewhat of a surprise. The semi-sensational prognostications appearing li) yesterday's morning papers was generally believed to be the basis for the heavy sell ing throughout the day. The selling abroad by New \ork this morning Is evidently for the purpose of bringing about a weak open ing here In order to allow covering of lilies put out yesterday. The loss In cash, report ed oil knowu movements, was henry, and added to the unscttlement. The bank state- nieut will prolwbly show some depletion of reserves. The reaction tins lieen sever# and a tnrn for the better should coma shortly, ns conditions have been discount ed to nn unusual extent. Town Topics: Wlilltf the mnrket may en joy a rally from this level, we regard the situation ns affecting the Industrials a* very terion*. New liquidation lias been Itegnn In this deparintent, and some stocks have been coming out that were bought on the breaks In March, end stilmeonentlv, wheu It was thought the Imttoin had surely beeu reached. The downward' tendency In the copper nnd Iren markets and tjio reach ing for new low levels of so many stocks In the Industrial section, however, have de stroyed much of the cotifl<iencc that had been felt that tho lumliiess reaction would not develop Into serious proportions. We look for much lower prices In the metal stock*, especially Amalgamated Copper, Smelting and the Hteel corporation share*, while In buying we would leave tlfe Indus trials generally alone. It Is a question whether the drains suffered by the railroad Issues have not discounted the lufltieir-e tending to lower prices elsewhere. Money will likely rule strong during the next month or so. but should later be come decidedly cinder. We l*elleve thnt the good rails will advance meantime to dls- BEARS AGGRESSIVE; II FULL CONTROL Turned Their Eyes On Can adian Pacific Early Saturday. INDUSTRIALS WEAK purchases for the long pull, ns turn, mb the short Interest is be- ry widely extended. We would . going long to Imv the lending Is sues concerning whose dividend rate there Is no reason to fear reaction. Consequently, we would not ndvlse buying New York nttrsrtlv nlso for conlw iSpm. ... r prefer In going long to Im: Bug at !6i% m %. Louis Pacific %, NEW YORK BANK STATEMENT. New York. KVpt. 28.—The weekly state ment of the New York associated hanks shows the following changes: Loans $l.O00.Xd.(Xl'>. Increase $2,772,503. Deposits 81.066.193.700, decrease 81.823.930. Circulation 180.638,500, decrease 819.900. Legal tenders 170,637.100. Increase >173,900 Hpeelo $198,807,903. docrimse I3.filf.600. Reserve 9269.445.000. decrease 33.210,000. Reserve required 9263,798.425, deo/ease $457, Btiston. Kept. 28.—Following was the bid an<I uskcil price on Georgia Railway nud Electric Company tinlny; Bid 76; asked 81; preferred, no market. THE COFFEE MARKET. Havre, mnrket barely steady; sales 16.000. Hamburg unchanged to % pfennig down; sale:* 23,000. nnoiiis rrrvmis w,wai; iiiiii Kao Paulo receipts 57.CM. Jundlnhv receipts. 44,0)0. April May . .run.* 1.25 I August •Minimum temperatures ary fur 12 huurs Muling H a. m., this lists. xKeci'M bite; nut Included In averages HEAVY RAINFALL*. Athens. Gu.. 162: Blackvtlle, B. C., 2.00; Washington, 4la„ 1.96; Eufntiln, Ala., 2.74; Oxark. Ala.. tIOi Atlanta. . . August*. . . Charleston. . Galveston. . Little Buck. Memphis. . . ••New orlenns. {Oklahoma. . . . Knvnnimh. . . , Yleksburg. Wlluilm LIVERPOOL GRAIN. THE SUGAR MARKET. New York, fc'opt. 28.—The domestic re fined sugar market today was sternly and unchanged. The local raw sugar market to- ilsy was steady. The Lombm beet sugar market wss weak: Keptemlrer and Octnbci »y» %d each aj 9s l%d nud 9s M reapec J. J. BARNES & FAIN C'/8 FRUIT AND PRODUCE LETTER. dsr. three hoops. 34.25. CHAINS—Trace. $«'«*> dozen. GUN POWDER—ft* keg. Austin crack thnt. $4.60. SHOT—$2.15 sack. FISH. FIMI—Brcare*. 7r pvm ound; tront. 5c ponnd; I>1 snapper. 10c »h. 7c iMj.ind; 124C pn.m.t Atlanta. .Kept. 21.—The demand for all kinds of fruits this week has been excep tionally strong, and the quality of the fruit nrrtving has been better than any time dtir- the MM. pple receipts much better, but uot more than enough to supply the demand, wttb prices ruling from 35.609I6- There were one or two cara of the very ooorest stiK*k on the mnrket. which sola cheaper than the price quoted, but the quality was o»> poor the receiver* were frrtunate to self at any price. Jamaica orange# moved readily at <5 per box. the color nnd flavor Itclng much bet ter than at any time during t!» season. Banauas continue high and scarce, selling from 3%fj4c per pound. Lemons In fair demand, selling from $4t? 6. owing to the qundty. there being quite a wide range In price resulting from some poor grades which have been arriving. Pineapples from Florida were very scarce, selling for $6 per crate as soon as the stock arrives. - California fruit has twen In good demand jind selling at tame prices t%the receiver. The first car of Ohio -grapes arrived this week, nnd met with ready sale. The '* was very floe. The higher grade* season, which Is the most desirable pack age for the consumer. . Irish potatoes nnd cabbage have both been comparatively scarce tbls week, but the price* Imre remained al»oet stationary. We look for them to hold at III*! quoi.-d DISTRICT AVER ACES. igt« . .... - - T. Indicates inappreciably miblsll. tUFor yesterday. (2) For 24 hours endlog S a. m.. <5tli meridian time. ••Missing. In the Atlantic and gulf const districts, but they were lower lu Mont ginnery and At lanta districts l/»w minimum readings oc curred In the northwest portion. Rslus were general except In Memphis nnd Okla-i J. B. MARBURY. 8ectton Director. Kcptemlwr .. , October .. No vein tier .. . Deceiulier Uioneil steady. Kales 96,750 bugs. ..9.99-6.96 ..0.294.90 ..A9A99 ..125-136 .. 6.86-6. U9 ..I.9M.86 ..6.90-5.99 ..6.9M.OO 6.194.00 6.09- 110 6.10- 119 6.15-6.2 J 119429 190499 129480 EffiEs I.K4.W Rallied Fractions Just Be fore Close—Bank State ment Unfavorable. New York. Kept. 21—The stock mnrket opened weak. Unnsdlnn Pacific Ihe losses with 1% decline, flrent Northern proferrml and Brooklyn Rapid Transit open ed 1 lower. The opening sales of Steel com- uitNt were on a running 6,600 shares at 26% to ngnlnst 27%, yesterday's final prb* l ivnnin lost %. Ing sale of the list on the !n*t wns 1,800 shares. Ht. Paul and Union Pa cific lost %. Hteel preferred opcmsl on 1,600 shares at n decline of % nnd lost in nil %, touching 88%. The market continued down ward to the end of the first ten minutes. Closing bids follow; Railway Stocka. Amalgamated Popper 7 .. .. 57% American Par and Fouudry .. .. 36% American locomotive.. ....... 5o% American Tobacco 77% American Cotton OR.. ai American Smelting and Refining.. American Kmeltlug nnd Refining pfd.- 1*0% ttriHiklyn Rapid Transit 42% Colorado Fuel nnd Iron 2 «% National Biscuit.. 74 Nn t l«'»mI Lend 47 Pacific Mall .. ., .. .. People’s Gas 85 Pressed Hteel Car 26 Klosf-Kheffleld Hteel 44 Kwicnr 100% Tennessee Coal and Iron.. .. 28% viviii«L_ Miccellaneous. Atchison, preferred „ .. Baltimore nud Dhlo .. Chicago slid Northwestern Polar I '--in Eric l. l.msUvllh* nud Nashville .. .; .. .. Mexican Central Missouri Pnelflc .. .. New York Central ., Pennsylvania Beading „ „ Bock Island do. preferreu .. .. .. ,. „ Rt. Paul .. .. .. Hontbern Pacific .. ,, Union Pacific Wabash ,. Wisconsin Central InterboruMctrouolltnn t. do, preferred .. ., Great Northern ‘ . .i »>*% i 23% .. 19% ..KM .. 17 .. 67 ..103% ..11.8% 4 ., 90% i .. 18% .. 43% ..116% ■ • • 84% ..125% .. 11 MONEY AND EXCHANGE. New York, Kept. 21—Money on call, noth ing doing. Posted rates: Sterling exchange $4.MfjJ 4.Mi’s, with actual business In bankers’ Mils Nt W>o2T.'u4.K'CO for <lcwand nud 34.82S3® 4.8290 for sixty-day bills. Prime mercantile rn*cr unchanged. ^Lmdoc^fmr silver 31%U. New York bar Mexicou dollars 62%c. LONDON STOCK MARKET. WEATHER FORECAST. *•’ price* the coming week. Washington, Kept. 2*.-Weather conditions and general forecast: The middle west storm has reached nonth- eru Ijike Michigan without much wind, but the rain area extends from the Missouri and upp**r Mississippi valleys eastward to the const. Another gulf disturbance, apparently of fair proportions, is approaching the Louis iana roast, nnd rnlu Is falling generally tbronglimit the Southern states. In the West fair weather prevailed. Temperatures are. aa a rule, higher over the ertftern. and lower over the western half of the country. Rain will 1m» general tonight and Knnday In the east and south, with lower tempera ture* Siiiulay lu th* western lower lake re gion, the Ohio valley nnd the middle and coast from Mobile to New Drlesns. Kocrrsst nntil Ip. m. Sunday: Georgia—Kata tonight ami Sunday; cool- Rain tonight and Sunday; light to fresh easterly winds. North Carotin#— Rain tonight and Sunday; fresh, possibly brisk, rest to south winds. Eastern Florida—Showers goalgbt and Sunday; cooler Knnday In northwest por tion: fresh southeast to south winds, possi bly brisk ou the northwest coast. Western HorMa—ffaln and cooler tonight; Knnday fair sad cooler; brink, possibly high, northerly winds this nfteroooo and tonight. Alabama—Rain and cooler tonight; Sunday fair and cooler; Baht to fresh northe.iy winds, except j po.--tl-Iy brisk to high this afternoon an tonight In southern portion. Mtsslralr p»rtly dowdy and cooler to night; K- P* lr - Desk northerly winds, pp»b-’ /Ji%iorth ou tho con BUSINESS IS KEEPING UP REMARKABLY WELL. New York f'ominprclnl: With the bulk of Initial purchasing over for the fall arason with second hands, no very large movement of gooil* In expect«*d during th* early part of next mouth. At the present time busi ness Is kiwqdng np. however, remarkably well, us buyers are In thif market covering Incomplete llnre nud utnklng arrangements for sildltbHiMl supplies where they believe they are luanfflcieutly covered. The mast ing of the cotton yarn spinner* at Charlotte nnd the result* attending It have lieen rather a disappointment to the trails hare, ■s no definite action was taken. It Is be lieved by rainy that a curtailment of pr£ dnctloit at tin* present time would result In playing directly luto the hand* of the speculating element hi the cotton yarn market, and would materially assist them Iii getting out of tlie unsatisfactory imaltlon In which thsy kata placed themselves. Uon- servdtlve members of the trails believe thnt by forriug out speculators the yarn market would be placed on a much sounder bast* and price* could be regulate*I more to the satlafncrlon of both buyer mid seller by the spinning mills consigning their goods to houses la this market. Much dis satisfaction la expressed la the trade over the report* which have lieen put In circula tion regarding the alleged unsatisfactory situation In the silk market. It ts safe to any that nn to date fall trade on ataple silk goods tuts been much better than was anticipated, with sales well ahead of those the rerres|MUulluM period last year. The wk for spring 1908 la very bright and ns there are bo stork arrumnhttbms to handicap seller# In this ninrket the ad vances which have already lieen named on spring lines should bo obtained without any trouble. Print Cloths Unchanged. . There I* little ebaugr to report In the print cloth situation and the market con tinue qnlet. Narrow print cloths are Omly future delivery It Is beMeved that orders ran be placed at alight 4*oareHsloiis from the nltove figures. Regulars are l>clug pur chased at 5%r where sellers are ahJe to offer any auuplieM. On wide goods the sit uation remains about the asm* except thn* some converters are now willing to accept offers which a week sgi> they refused. Amalgamated Copper .. .. .. do, preferred /,* * Baltimore nnd Ohio .. ,, Chlengo nud Great Western • ('Simulau Uaclflo .. .. .. , Denver and Bio Grande .. ., do, preferred .. ., Erie do. first preferred .. .. ,, .. 46% •hi, second preferred .« llUnuia Centrnl ,. tw.; Kansas and Texas .. do, preferred .. .. Louisville and Nashville .... Mexican Central . do. preferred ., ,. ., ,, ,. , New York t’eutral .... Ontario nud Western .. „ Pennsylvania ,. Philadelphia and Reading do, first preferred ,. . do, second preferred .. Rook Island .. .. .. •• ... Southern Railway „ ., '!* do, preferred ., ,, „ Southern Pacific .. *• ., Rt. Paul Union Pa rife United States Hteel .. do, preferred .. ,. Wabash do. preferred Op nlClox 46% .....j 84% wi 18 ! . 53% . 84% M . 116% 117 M 126% s* is? :::: 8* MINING STOCK4 Boston, Sept. 21—Opening: North Butte 45. Dnlv West 11. Trinity 13, Greene-Csn- snes *%. Shannon 10%. Copper Range 66%, New Uaren 141. Mnrket firm. NAVAL 8TORF&. Sncrl.l to Tlie CeorKtnn. Snvannnh, S.'pt, W-TWWiitlto Arm nt [p; Ml.'., 575; rpcplpt— SJS. . itrniln Ann: Ml—. MW: imlpu, 5,11s: wlnilnw kIom. #.«: w.trr-whll., «5.7o : M, 55.SS: N. 55.15: K. ».<»: I, MBS: II, It ,V>; <i. 54.45; K, 14.40; ft, 54.50; I>. »3.W>: C II A. 15.56. 4°o| UNION 14% SAVINGS BANK Gould CAPITAL STOCK . . . 1100.000.00 ■ 'rn RESOURCES r mq7 4/oJ *280.000.00 4 o ATLANTA NATIONAL BANK ATLANTA. GA C. E. CURRIER, PretldenL H. T. INMAN, Vlc»FrmM*flL GEO. R. DONOVAN, Cashl.r. JAMES S. FLOYD, Aiil.tant Cs.hlpr. Capital $300,000.00 Surplus and Undivided Profits $660,000.00 * Wo Solicit Your Patronage. ALONZO RICHARDSON & GO. PUBLIC ACCOUNTANT*. AUDITORS AND BANK EXAMINERS, Audit,, Sp.cial Examination,. Costing and Sy.t.m«ti*ing, EMPIRE BUILDING, ATLANTA. GA.