Newspaper Page Text
t
fHE ATLANTA GEORGIAN AND NEWS.
•iuESDAY. OCTOBER 1, 1507.
IS VERY
is
—
NEWS AND GOSSIP
of tho Fleecy Staple.
After an Early Small Ad
vance Prices Took a
Downward Turn.
LOST ABOUT 6 POINTS
Giles Condition Report at
65.5 Caused a Later
Recovery.
New York. Oct. t.—Business nt tbe open-
Inc of the cottou market whi rather quiet,
due to the lack of feature lu the rutile*
from Liverpool, which were Just nliout a*
hud as had been expected. Very little prev
ail r e developed, and the crowd wan In-
rllued to In* caution* alone hear line*.
I^mlliiir several private crop report* due to-
8POT COTTON MARKET.
I.ireriHKd. easier: middling 6.67.
Atlanta, quiet: middling 11%.
N«»w Orleans, steady: middling 11%.
New York, quiet; middling U.sA.
Savannah, steady; middling 11%.
Augusta, steady; middling 119-16.
Mniille. steady; middling 11%.
charleston, nominal: middling HU,
Wilmington, ateady; middling 11%.
Ilaltlinore, nominal: middling 12c.
I’.ostnii. quiet; middling 11.80.
Philadelphia, quiet; middling 12.05.
flmiNtou. steady; middling 12c.
Memphis, quiet; middling 111546.
Si. l,ouls. quiet; middling 12c.
Norfolk, steady; middling 11946.
Galveston, quiet; middling 12*fc
INTERIOR RECEIPTS.
The following fatile shows receipts fa tb*
Interior today, compared with the samu day
last year:
Houston ..
Augusta ..
Memphis ..
15.044
3.368
1,038
Sew Orleans, Oct. 1.—Trading today
was principally under the Influence of
conjecture about the effect of tomor
row’s government publications. Inter,
•its had to be arranged and this caused
some fluctuation. The Journal of
Commerce reports on Texas and Ar
kansas were bullish, and this leads to
the expectation of a bullish bureau
condition figure being In predominance.
Liverpool was about as dile and kept
steady. Cables say: “Market feels
Influence of India buying. India crop
accounts unfavorable. Hhort Interest
large." There was nothing particular
today In weather map or weather rec
ords. Indications point to cloudy and
showery weather for the northwest and
north central half of the belt. A New
York statistician. Miss Burch, makes
the crop condition 67.8, a decline of 7
points. With regard to the effect of to
morrow's reports, opinion Is pretty well
unanimous that, even If they should be
bullish, people will be afraid to act on
account of the supremacy gained by
New York and Liverpool, and there
will probably be considerable hesita
tion until something Is heard about the
doings of the big operators In the north.
The local strike situation Is unchang
ed. Interfering with spot busines sand
diverting cotton as lohg as the strike
lasts. Spot markets in other parts of
the belt are benefltted by It through
the export business going there.
Sew York, Oct. 1.—Bartlett, Fraxler
ft Carrington: The cotton market
ruled active but somewhat lower
around the opening, due to the refusal
of Liverpool to follow our advance re
garding the figures of the bureau re
port tomorrow. Many speculators were
reluctant to carry JJnes on either side
of the market over the bureau. At tho
Mime time It Is said that some big long
lines outstanding which would be car
ried over. Miss Burch's report. Issued
at 11 a. m., gave the condition as 67.8,
showing a decline of 7 1-2 points for
the month. This report did not have
much effect on the market either way.
A tinner tone prevailed, but some sell
ing occurred on the hard spots. The
cotton market Is in a waiting position.
The traders and operators will know
the facts of the crop tomorrow, and It
would be safer not to do anything until
after the report on condition Is pub
lished. Weather conditions continue
fairly favorable with some lower tem
peratures reported In parts of the belt.
—J. 8. Bache & Co.
Special to The Georgian
(From Hayward, Vick & Clark.)
New York, Oct. 1.—Bartlett, Fraxler
& Carrington: Liverpool cables were
due 11-2#1 points lower. Opened quiet
but steady 3{j>4 points decline. At
12:16 p. m. was quiet but steady, net
2021-2 points decline. Spot cotton
easier at 6 points decline; middling up
land 6.67d; sales 7,000, American 5,900;
speculation and export, 500; Imports
5,000; American none.
SeveraL private reports on crop con
ditfon will be Issued this morning. The
market hinges on the probable date of
killing frosts. It seems to be the opin
ion that 1.000,000 bales will be added or
deducted frmn the crop of 1907-08 ac
cording to the early or late date of thii
frost. Condition reports today will
probably give some Idea as to the gov
ernment figures tomorrow. We favor
a waiting policy and would only sell
on the extreme bulges.
Liverpool cables: “Market feels the
Influence of India buying. Crop ac
counts In India unfavorable. Short In.
terest large."
Very small and narrow market; may
liven up a bit when Giles* report comes
out, but looks like o waiting on gov
ernment, with most of the shorts pretty
well covered up.
Following are 11a. m. bids: October,
10.99; January, 11.21; March, 11.32.
Ninety members average guess of
government report 68; high, 71; low, 64.
Mrs. Burch's estimate Is 67.8, a de
cline of 7 1-2 points.
New Orleans, Oct. 1.—Hayward, Vick
& Clark: Weather map not complete.
What there Is shows rains approaching
the northwestern belt. Memphis, Tenn.,
records 46 degrees minimum.
After today’s Journal of Commerce
reports ori Texas and Arkansas and
the territories, can not see how there
will be much selling. Rather think
bears will buy In some more and give
us steady or higher markets.
The Journal of Commerce reports on
Texas and Arkansas are unfavorable.
For Texas It says: Considerable de
terioration during August; conditions
altogether unsatisfactory.
For Arkansas: Drought caused
damage; condition lower than last year.
For Oklahoma: Dry weather caused
premature opening: condition not much
lower than last year.
For Indian territory: Premature
opening; condition about same as last
year.
MISS GILES ISSUES REPORT.
“Edited by
Joseph B. Lively.
MARKETS
Mr. Lively's twenty-live
years’ experience of ed
iting markets In Atlanta
and tbe South bat made
him a recognised au
thority In bis specialty.
New York, Oct. 1.—Miss Giles, the
cotton expert, today Issued her usual
semi-monthly report on the cotton crop.
It makes the condition of the plant 65.5,
against 71 In the middle of September;
72.8 on Aygust 25, and 72.1 at this time
last year.
This deterioration of 7.3 during the
month Is due, she says, to nil the Ills
that beset cotton nt this season of the
year.
THE COFFEE MARKET.
market tor today.
Opening
Jaaaaty . ^
February ..
March ..
April .. ..
May .. ..
June .. .. .
July .. ..
August
September 6.40-6.60
October 5.85-5.90
Novenil*er ,.6.90-6.00
lH*ectnlK*r .. ..6.00-6.06
Closed steady. Hale* 12.500 Imgs.
_ Close.
..6,90-6.10 6.10-6.15
..6.10-6.15 ♦?. la-6.20
..6.15 6.20* 6.20-6.25
..6.15-6.25 6.25-6.30
..6.35-6.30
..6.26-6.35
. .6.30-6.40 6.35-6.40
.,6.30-6.45 6.35-6.40
6.404.48
6.90-6.96
6.95-6.00
6.064.10
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
TIPS FLASHED
From JVnll Street.
NAME OF STOCK.
AiiisI. Cupper
Ain. Ice Securities. . .
Aiu. Sugar Refinery, .
American Smelting. .
Am. Locomtlve, *. ..
do. preferred. . . .
Ain. Car Fouudry. . .
American Cotton UK..
Anaconda
Atchison
do. preferred. . . .
Atlantic C. Lins. . . .
Brooklyn Rapid T. . .
Ilaltlinore X Ohio. . .
Cbeftn peake ft Ohio .
Canadian Pacific. . . .
Chicago ft Alton. . . .
Consolidated (Ins. . . .
Central leather. . ..
_ .do. preferred. . . .
Colorado Fnel ft Iron.
Erie.
„ do. preferred. . . ,
General Electric. . . ,
Great Western. . . . ,
Great Northern pfd. .
Illinois Central. , ,
d
i
i
..... cicrrm, • • • • • •
Kansas ft Texas
-Total stock sales. iMRino~lihnres. *Ex. dividends cent.
NAME OF STOCK.
i.<ml*YlIle ft l
Missouri Pacific. . . .
Mexican Ccutr.il. . . .
New York Central. . .
North western
National Lead
Sortoik ft Wen tern. . .
Northern Pacific. . . .
Ontario ft Western. . .
Pennsylvania
Pacific Mull. ......
People’s Ua* Co. . . .
Pressed btcel Cur. . .
Reading
Rock Island
do. preferred. . . .
Republic Iron ft Steel.
do. preferred. . . .
Soul hern Pacific. , . .
Southern Railway. . .
do. preferred. . . .
St. Paul
Tenii. Coal ft Iron. , .
Texas Pacific
L’likrtl Pacific
U. K. l(ubl*r
do. preferred. . . .
U. K Steel
do. preferred. . . .
Western Union
Wabash
do. preferred.
NEW YORK.
The following Is the range In cotton fu-
litres In New York today:
LIVERPOOL.
Following figures give tbe opening range
and close, compared with yesterday:
Futures opened steady.
Opening Pi
Hsnac. 2 p. m. Close
Octolier 6.14 1.15
Oct.•Now...*# 6.07 4.19
Nov. Her.... 6.05%
Dec.-Jan.... 6.03%
Jsn.-Feb..., 6.03
April. 6.05 6.i
lay... 6.07 4.<
me... 6.flB 4.(
NEW ORLEANS,
Tbs foll<mlns I, th, rants In cotta, f.
turn, to Now Or!..in totlny;
! t| i 1
a
Get. . , , ,
Nov
Dim*. . . .
Jan
Feb
March. , .
April . . . .
May
June , . .
asimifjitMrii
iV.ii ii’.ii jiild? it!®
Il.l9fl1.22 1M1 11.13
iL»|iV.39jii!»l'ii'.3i
iuijii.44jii.«iii.44
11.13-14
11.03
11.07-08
11.12 13
11.14
11.30-31
11.36
11.39
11.37 41
TfiTft
1.0$
1.11 u
1.IK-17
1.17
1.32-33
1.38
1.42
NOTES ON GRAIN
Pointers on Provisions.
COAR8E COTTON GOODS
ARE SLIGHTLY EASIER.
Tho New York Commercial: Business In
the dry goods market closed on Hnttmlay
with price* slightly easier on certain grade*
<>f course cotton goods. On other Hues of
"»tt«n goods, however, prices are lielna
well maintained as the mills are sold nhcnJi
Into next year and ore not looking for
n**w business nt price concessions. Home
Southern mills are reported to be willing
J" •« , cept business for delivery during' the
Inst month ’of tills year ami early next
year at price* more lu tbe buyers’ favor,
mid It Is thought that this weskuess may
result In bringing out extra order* which
have been long wnltlng lu this market to
in- placed. In certain quarters buyers for
**P«rt account have large onlers on hand.
»ut owing to the prices which they have
been limited to It was Impossible to place
these orders In this market. The cotton
yam situation Is undoubtedly having some
effect on the market and should prices
continue as weak ns they are at the prtsi
mt time, there la little doubt that imiiiu
fneturers of piece goods will be compelled to
accept lower figures on the finished goods.
Orders on fall and winter merchandise are
beginning to case up In the secondary mar-
Initial requirements have l»con fair-
ATLANTA MARKETS.
FRUIT AND PRODUCE.
EGGS—Active, Me.
LIVE POULTRY—liens active. 40$42e;
chickens (fresbl. 22%636c. IMicks tPekin) 30*
each; puddle, 25c each. Turkeys active, 16c
'“ril/KS.skn POULTRY-Tarksn. drawn,
active, 29c pound; fries active, 201/22%c lb.*
hens. 16c pound; ducks, drawn, fancy, 15c
pound.
PRODUCES—La Ml, 12c pound: hams active.
Flit’ ITS—! .enionii. fancy Messeun. 14.75;
Imnanns. 4c pound: plneappos, Florida
Stock. I4.00©4.IW: limes, Florida stock. 75c
hundred; peanuts lu sacks averaging 104
pounds earn, owing to grade, 6%08c pound:
apples, $4.5006; Jamaica oranges, 95;
dried apples 12{jl2%c; dried peaches, 140
14%o; eocoanuts, 14.76 sack; Georgia peaches
53.no per rrnte (scarce). ^ „
VEGETABLES— Potatoes per bushel 11.15,
sweet potatoes $1.10. Onions 11.25 bushel;
8peelsl to The Georgian.
(From Hayward, Vick ft Clark.)
Chicago, Oct. 1.—Bartlett, Fraxler ft
Carrington: Tho decline In the Liver
pool market waa expected from the ac
tion of our market here yeaterday. We
believe, however, the situation la un
changed and warrants higher* prices
later on In the crop year. The demand
for shipment to interior mills Is ex
tremely good, and Inquiries are Increas
ing dally.
Corn seems to be on an export basis,
and we can see no reason for much. If
any, further decline.
Receipts of oats are over tho esti
mate, but the demand Is good.
W. H. Lake picking up some Decem
ber wheat at 98 3-8c. Lake, Canby and
the pit crowd best buyers of wheat on
this rally.
Pit shorts turned buyers of wheat
since the opening, causing a firmer
feeling. Offerings light.
The Chicago Record-llcrald: “The finan
cial situation Is an Increasing factor lu the
wheat market," said J. B. Hiiydacker.
"From present Indications we will go Into
the winter with n heavy stock of wheat
and there will not be a great deal of It
moving after snow files. Wo are likely to
lose lietween 4,000,000 and 5,000,000 bushels*
before tbe dose of navigation, but will
gain half as much from the Interior. If
there were any apparent scarcity of food
products the financial situation would cut
uo figure nt nil. ns hungry people would
force the price higher. The real situation,
however. Is that wc have already raised a
fair crop, we havs a good visible supply
ami fair reserves carried over from last
year. There Is no danger of any scarcity of
business baaed on the constantly fluctuat
ing market, and another very ImiMirtant bar
tins lieen the sore spot* caused by the disas
trous experience of country shippers In mak
WHEAT IRREGULAR
ON M OPERIRG
Declined a Fraction Early.
Later Turned Upward
On Pit Buying.
ST. LOUI8 CASH_QUOTATION8.
Wheat—No. 2 red winter 99 099%
Corn—No. 2 60%
Oats—No. 2 47%047%
Chicago, Oct. 1.—The wheat market waa
extremely quiet at the start today, the
range In tbe first half hour lielng from
%c higher to %c lower. Trade was light,
and the crowd rather Inclined to take the
selling side. Hhowers were general lu the
northwest, and rain was forecasted for
North Dakota and Mlnuesotn.
WEATHER REPORT.
WEATHER CONDiTIONS.
The n-enthcr till. morning I» cle«r at luoat
.ration, en.t of the Mlr-lnalnpl trhlle clmnl.
Ine«« prevail, over the weatern hull of
nttire In the Ohio r.ller,-the hike region mm
on the mid-lie Atlnntle coast. Over the
•noth .nil In the liakotn. nnH Mhinenntn
the temperature ha. rliten. The low nren
Hint was eentral In western Torn, ye.ter-
tiny morning hn. moved north, nml It.lny
Hie center of Inwrat proianri- la In Slon-
tnna with It. trough reaching K-mthen.t
Into northern Texas. During the In.t twen
ty-four hour, the rain, linve been confined
to the northwe.iern portion nf the IJulletl
State., and rain wn. fulling till, morning
nt l-ortlnud. Oreg., Wlnnemucrn, Ner., nntl
Illamnn-k. N. Dak.
The en.twnrd drift of the high nnd low
nren. will enune fnlr weather In thin nec-
Hou during tbe eutulng thlrty .li hour..
COTTON REGION"BULLETIN.
For th. 14 honrn ending at t a. m„ TJth
Speelnl to The flnirglnn.
(From Hayward, Vick & Clark.)
New York. Oct. 1.—Bartlett. Frnxtar
& Carrington: Americans In London
strong. St. Paul up 1-Jo. Union Pacini
1 1-4. Northern Pacific 11-8. Baltimore
and -Ohio l per cent. Canadian Pacific
fell bock on profit-taking and In 5 3-8.
below our cloning balance of the list
1-4W3-4 per cent above our parity.
The president's speech, If anything. Is
conciliatory, and nothing uf a disturb
ing nnture toward corporations.
Short Interest In t'anadlan Pacific
suffered severely and remaining shorts
have to climb still,higher.
The wenkness In St. Paul Is
uted to short selling, and a sharp rally
may take place In the stock at any
time.
Pennsylvania's statement shows tre
mendous gains In gross for eight
months, but operating expenses are
very heavy, and net returns are lean In
comparison.
Generally expected that short cover
ing will continue today and a higher
market for all active stocks should re
sult.
Covering all through the list con
tinues. Canadian Pacinc Is liable to
Jump higher than yesterday. •
Shorts finding Hint there are fewer
storks for sate than expected, even at
the advance.
Town Topics: While the short cover
ing movement will likely send the mar
ket up a little higher this morning, w.
believe .locks generally are a sale for
turns on bulges. Canadian Pacific's
rise, of course, only relleeted the ex
tremity of bearish anxiety, and It Is
not likely that a similar demonstration
against the shorts Would he possible
elsewhere in the list, though there Is In
Reading, Copper, Steel and some other
stocks a pretty large shortage out
standing. The stronger bears, however,
continue to sell the market on the mi
ne., as the- support offered by the
banking Interests Is only such as to
prevent panicky conditions. Much at
tention will naturally he paid to the
president's addresses but. while It will
scarcely be possible to glean any cony
fort from this sourer, the unfavorable
metal situation la at present tho most
cogent argument fbj tower prices. Mr.
Hill's diagnosis nf the difficulty the
railroads ore laboring under to make
needed extensions and Improvemrnts
means much In the Iron trade, while It
Is stated on behalf of the more Impor
tant domestic copper mciaj consumers
that they have supplies on hand suffi
cient to cover all requirements for the
Inst quarter of the year. Consequently
as lonns with Copper ns collateral
mature we look for lower prices In
that market, which will be reflected In
stocks. The best rails are chenp
enough for Investment, but we believe
they can be bought later on to better
advantage, while the Industrials In our
pptnlon will be subject of further sharp
setbacks.
Cotton Is a sale on all bulges, and
wheat a purchase only for a turn when
very vriik.
London sends mixed prices this
morning for Americans, with Canadian
Pacific the weak feature.
n r
UL
Union Pacific Displayed
Strength in the Early
Session.
GAINED OVER A POINT
Canadian Pacific Was Errat
ic, Opened Down Over
a Point. . I
GEORGIA RAILWAY AND
ELECTRIC COMPANY.
contract. n ninny ship-
Spanish. $1.59 crate; kraut % barrel. $3.75; pera suff ' ' ~
cm Id met* 2c (WMiml. Celery. <0tI75c n bunch. shippers
Cauliflower lOQl-V II*. I-cttinv, $2.2Sfe2.50 now hy
market ami n
tbs i
cusui* before
An
J ml lent ion of this Is tbe fset that .... ......
h»fig establishments closed down on flatur-
n*y promptly nt I o’clock, whereas In pre
vious weeks they hare remained open until
* ami 4 o'clock on Hnturday afternoons.
Print Cloths Aro Quiet.
The week In this market closed with
°*»*F a moderate detnnnd for print cloths,
the sales I*ring confined principally to aee-
"fid bands. The only goods that buyer*
**em to Ik* anxious to secure are regulars,
■fid for these they are willing to pay 5%c.
ta some quartern sales of 88% Inch 64 l*jr
Y* ***re reported In the market on Hatnr-
•bir nt 7c. In certain lines of convertibles
Price* are somewhat easier, as bnyers do
not apiienr to bare any Immediate call for
food* of this description.
per crate.
GROCERIES.
BICE-Jnp. 6tr6%c: head. 64T7c: fancy
bend. 7»7%c. nceonllnx to the grade.
CIIEE8E—Fancy full cream !7%c; Georgia
cane syrup. 37cjcnllon; salt. 100 pounds, 60c*.
axle crease, $1.75; soda crackers, 6%c pound:
lemon. 8c; oyster, 7c; barrel randy, per
K und. 6%c; mixed, per I pounds. 6%e; toma
to. 2 pounds. 1100 ea*e; t pounds, 82.28;
navy beans, 12.60; Lima lH»nns, 7c; bant
matches per «ross. $1.66; macaroni. 6%»7c
pound; sardine*, mustard. 33.50 ease.
SUGAR—Standard xrannlnted 6.20; New
Y COF?EE— RwYtiNf* Arboekie^illOO; bulk
,B *irj5da d h»^ ! sri«fc,i.«.
ost«. 13.3 csss; tsrk grirs. M-pound lags,
IS: ovstvri. fall weight. 13.3 rase; pepper.
18-- pnunit: lisklng p-iwacr. 13 rnl
Niitaiou, S3 rn: pink snliimn. S4.30 cnic;
I'lN-un. 43c; rh-M-olstr. 43Hc; snuff, Mb Jsra,
(Sc: unit lH-rf, 13.40 rase: slrnn iSi-w Or-
Irani), 35c gallon; --ora. 30o gsfton; potash
1J.3341J.S0 case; |-ranut«. Sc; rop», 4ply cot
ton. 22%r; soup. It.SOfff case.
i'AXDY—Stick, assorted. I>rl,„ <Kc; stick
sssorlnl. Ih>xcs, <V; fancy, nssortnl. palls,
6(4c; chocolate limps, polls, l'.’Hc| Klk, ns
sorted, ten Imwcs 15.50.
FLOUR AND GRAIN.
KLOI'R—Highest patent. R»0: heat pit-
ent. I5.M: stsnitsnl patent. 16.00; half pat
ent. 14.SS: spring wheat patent. 15.3.
CORN—No. 3 white *3c; choice white, Kc;
No. 3 yellow. 83c; mixed. Sic; cracked corn
’’’chicken KRKP—Plftr-ponnd sacks. It;
Pnntn chick feel. IJOO; Victor feel. 11.63.
OATS—No. 2 while. (8c: No. 8 ml] '
Holden oats. CSe: white clipped. 7Ck
P»t W pound sack*,
pound tracks, 83c; plain, 24-poond sat
’’YlAY—Timothy, choice lore, train. I1.J5-,
do., choice ■mall Iraln. fl.Jo: No. I, one
third Ira Ira, 81.25: No. 3 one third train.
. —— —. Berumds, 81.00.
par too.
eess-sss— I IBIlV/t V*.S
brown ISO to !00_po«ntU). 81.ri* bran. 81.40.
COTTON SERB MEAL—Prime per tot.
n l.60; No. 3 pc; ton. flt.Oo; hulls per ton.
3.60.
rn''T InlUtln—nujirPUir iihiiip, IdCa ln»|-
lies. 34t3 pounds avenge. 1044: fit tracks.
8.20; Hnprrme lard. KX4. runty corapoumh
California tuina, 10c; -try salt ribs. 8.23.
HAYWARD, VICK & CLARK,
COTTON, STOCKS, BONDS, COFFEE, GRAIN AND PROVISIONS.
Csrondelet and Gravisr St«., New Orleans.
MEMBERS: t
Row Orleans Cotton exchange, New Ortnns Future Brokers- tejoctsItlOB,
Sew York Cotton Exchange. New Ortnns and Chicago Hoard! of Traao,
Oslrcstca Cotton Exchsngo, New York Coffee Exchange,
Houston Cotton Exchange, Associate Members Ursrpool Cotton Asia
New York snd Chicago Correspondents:
J. 8. BACHE 4 CO., AND BARTLETT, FRAZIER 4 CARRINSTON,
PRIVATE WIRES TO ALL POINTS.
tunirscis nntl n art*ni mmij x-uiiiitrj
psra suffered aerfoua losae*. Many of theae
"Mppcrs are Ik*1uj( handled rather gingerly
w liy the big dealer# here.
'The weather since tbe 1st haa been the
worat possible," said B. W. Hnow, nl a wire
from ftaakatchewnn prorlqre. "Grain cut
ten day* nyo Is still ns green nnd soft as
when cut. It Is not hardening nnd can not
!>• thrashed. In two weeks the bulk of the
dally receipts will lie feed."
There la widespread Interest In the grain
trade over the uniform bill of lading thnt
will come t*efore the Interstate commerce
commission October 15. Banks that handle
grain men’s busluess are also vitally Inter
ested and will closely watch the pnejres*
of the 1*111.
A cable from Kurnche, India, report* that
rains are urgently wanted for autumn
food grains, which are withering. I'lowlug
I* also Impossible under present condition*
and prospect* are very unfavorable.
Milwaukee millers cJaltned that their flour
■ales for export Mntnrdny were nt the high
est prices ou the crop year.
COTTON SEED OIL MARKET.
Following Is given the opening and do*
CHICAGO GRAIN MARKET.
Oiitcago grain and provision quotations
for totlay an as follow*, compared with
yesttrUny's close:
PrtvIou*
Open. High. Low. Close. Close
•lIKA’i
STyV.v. ^ JR .55 iSII
July.... 100% io)% loo M
COIKN-
Oct 61
Dec.... 68 68% 67% 59% 68
May.... 69% 5J% .68% 69% 69%
Oct "*
Dec.... 61%
May 53% “
• *14 W —
Oct.... 13.70
Jan.... 16.35
i.ait li
ne t 9.06
Jan... $.80
ID 118-
Oct.... 7.99
Jan.... 7.96
El
t.oni
8.83)5
LIVERPOOL GRAIN.
■k HAH low/'.
t'i>rii opvuvii 'itiH Itiwfr snil st 1:JD p. tn.
HflVi luwvr. t'lirawl VatlS lower.
THE LIVE STOCK MARKET.
STATICS
ATLANTA
DISTAICT.
Ttmp
Mai. I
rafsre
Mis.
•T*
III
Atlanta, clear . . . .
*Uhattannnga. clear . . .
i'Columlium Hear . . . .
GalncNrllle, clear . . . .
I [Greenville, cloudy . . .
Griffin, dear . . . . .
•Macon, clear
(IMoiittccllo. clear . • .
i Rome, dear
Hnnrtanhurg, dear . . .
West Point, clear . . .
75
76
$6
74
75
83
R3
83
81
82
79
M
67
69
69
61
67
;.7
60
49
64
63
.00 J
.00
.00
.00
.09
.99
.00
.00
.00
.00
.00
DELAYED DATA. SeptemlH>r 28.
NMrnan. rain ....
spnrtnnhurg, rain . . . .
Tnllnpcnsn. rain
71
68
67
69
63
60
.40
.ta
.44
September 29.
Gainesville, clear ....
Newnnn, cloudy
T*lln|Hwt*n. cloudy ....
70
72
61
62
61
.14
.00
.13
September 30.
Gainesville, clear ....
Newntiit, dotidy
TallniMMiMi, dear
75
76
73
66
51
52
7ST
.00
.00
•Minimum temiierattirea are for 12 hours
ending H a. in., this date.
11 Received late; not Included In averages.
fhlrago. Oct. 1.—Hugs—Receipts 14.000.
Market Its- lower: light 88.M88.87M; tnlxeil
85.8J«S.47H: heavy 85.80«(.I!; rongh 85.8041
' ~ pigs 85.1;Hj6.40; yorkers 86-7ot|6».
tile—Itecelut. 10.000. Market steady;
beeres 84.10(37.3; raws 81.3Se3.40; Texas rat
tle 13.704,4.80: rnlve. 84488; western eattle
844,6.35; atiH-kera slut feeders l-’.6>tl6.
Mhee|»— tterelpts 28.000. Market weak: ns-
ttves 8306.88: western 83415.40; yearling.
85.3808.28; la ultra 84.6507.88.
THE 8U0AR MARKET.
N«w Orleans, oci. 1.—Tlme»-Demo-
crat: “There Is nu denying the fact
that the cotton trade Is deeply con
cerned over the New Orleans labor elt-
uatlon, nor that a light to a finish
Is necessary. If the port of New Orleans
le to be put on a parity with other gulf
ports In the matter of export charges
on cotton, will cost the cotton mar-
chant, exporter and ship owner some
money before the unfettered channels
of trade ehall have been re-opened on a
legitimate bails. Thus the local talent
le now devoting more attention to the
preparations being made for a finish
light against excessive labor demands
than to the under-lying causas of cot
ton market strength In the absence of
support. But the trade can no longer
Ignore the serious shortness of the
Texas yield, and the dally developments
tending to confirm the fear that th# re
mainder of the belt will not do so well
as the optimist would have the con
sumer and the speculator believe. From
some sections now come the report that
the crop la all made, though not yet all
picked. From others, that an early or
even a normal frost date will play
havoc with expectation!. Excessive
rainfall over the eastern belt |e worry
ing the shorts more than a little. In
Texas financial conditions are said to
New York. Ocl. 1.—Domestic refined sun
nr innrkct steady unit unchanged, l-o.nl
raw sugar market steady. Ksindou l>ect aug
CHICAOO CAR LOTS.
sad estimated receipts for tomorrow ire o
lottuwe:
Today. Tomor.
NAVAL STORE8.
Special to The Hsorglan.
Havannah. Ga.. Oct. 1.—Turpentine
firm at 52 1-4; sales, 122; receipts, 781.
Rosin firm; sales, 2.878; receipts.
1.188; window glass, 88; waterwhlte,
88.70; 31. 85.40415.60, N. 84.80416; K.
84.804I4.80: I. 84.55: H. 84.4504.50: O.
84.46; F. 84.40; K, H.15O4.80; C B A.
88.8004.
From Memphis cornea the assertion
that the National Dinners' compilation
shows very rmall comparative glnnlnga.
The talent anticipates bullish condi
tions and glnnera' bulletins from the
government: hut financial co-operation
at the ports la not the best, and the
movement of cotton from the farm to
the manufacturer la hampered there
by."—Hayward. Vick 41 Clark.
Annum . .
Angustn . . .
t'Its Heston .
Hnlvestou .
I .title Hock
Memphis . .
Mobile . . .
Montgomery .
New Orleans
—Oklahoma .
Savannah . .
Vicksburg . .
DtSTtlCT IHKC15
T.mpinturt.
lit
Wlhnlnttt^MWWWB *IW
T. Indicates Inappreciable rainfall, ill Vor
yesterday. (2) For 34 hours ending 8 s. m..
Remarks.
Slightly higher tcmpcrnHircs prevailed In
most districts There was uo rainfall of
conseqncnro, the weather Isdug generally
clear.
J. II. MAItm'RY. Section Director.
More eyes than there are In Atlanta
read these pages every day. For 10
cents you can place any want you may
have before them In our want columns.
_ and Friday nnd Saturday get a 40c box
be better than generally understood, of Wiley's Candy, Free.
WEATHER FORECAST.
Washington. Ocl. I.—Weather condi
tions and general forecast;
The area of high pressure that over
spread the upper Mississippi valley on
Monday morning tins moved eastward
to the lower lake region and the middle
Atlantic states and Increased some
what In strength. It has caused light to
heavy frost In the lake region nnd up
per Ohio valley, with temperatures
close to freeslng In upper Michigan.
West of the high pressure Is tow and
falling, while rainy, unsettled condi
tions prevail on the Pacific coast north
of California. Rain haa also fallen In
Oklnhotnn, Kansas, Nebraska, the Da
kotas and In the western portions of
Missouri and Iowa.
The weather tonight and Wednesday
In the Washington forecast district will
he generally fair, with a tendency to
ward Increasing cloudiness and warmer
In the Ohio valley and lower lake re
gion Wednesday.
Frost Is Indicated for tonight In the
middle Atlantic states.
Forecast until 8 p. m. Wednesday;
Virginia—Fair and cool tonight, with
frost In the mountain districts; Wed
nesday Increasing cloudiness and
warmer; probably rain In extreme
western portions; light northerly winds,
becoming east to southeast.
North Carolina, South Carolina and
Georgia—Fair tonight and Wednesday;
Itoston, Oct. I.—Following wna the 4*1,1
nntl naked price on flrargln Hallway nntl
Electric CouiiMiiy Inday: Hid 78, naked 81;
preferred, uo market.
MINING STOCKS.
Ronton. Oct. 1.—Oticnlng stocks: Copper
Bangs 8814; Daly west 10; flreone-Cauanen
8H: Hitsnnon 1044; I’utteil Fruit 11444; Quin-
oy 78; New llsvoli 141; North Hutto 48;
Massachusetts Has 81; Hid Dominion 3444.
MONEY AND EXCHANGE.
New York. Oct. 1.—Money on call,
4 I-lc: time loans firm; sixty days,
8 8-468 per cent; 80 days, 6 per cent;
six months, 6 1-4.
• Posted rates: Kterllng exchange.
84.8864.88 1-3, with actual business In
bankers' bills at 84.858064.8588 for de
mand und at 84.82 for 80-day bills.
Prime mercantile paper unchanged.
London bar silver, S-16d lower at
30 7-l8d; New York bar silver. 88 1.8c.
Mexican dollars, B3c.
LOCAL STOCKS AND BONOS
I Devised by lllllyer Investment Company.)
Atlanta Jk West Point It. n. iluit ’jejii
Atlanta, Dlrmlngbsm and A.. || *jj{
__-__Js Pnetory
Centra! Hank nml Trust Corn. 12J
Exposition Cotton'Mills...,,.., 225
Fourth National Ilsnk 210
Uo. II. II. nnd Hanking Co 243
Ha. Ity. nml Electric Co 73
do. preferred
do. preferred
:::::::::::::::: i!5“
•i»ndi"iw::: w
7744
IJ8
348
*8
New York. Oct. t.—The principal In
fluence In the market this morning was
the president's speech ul Keokuk and
the uncertainty regarding conflicting
views In the financial world as to Its
significance. While the conclusion was
drawn at yesterday * olase - that the
market was oversold, It waa also recog
nized that there had been enough short
corerinv to render the speculative posi
tion less atrong than It waa. Canadian
Pacific, which had furnished the sensn.
tlort yesterday, onened 4 points down
this morning, and, while it sold back
moipentarily to yesterday's closing, It
did not hold. Speculators on the short
side counted on the president’s remirks
brine sufficiently radical to unsettle the
trading, and today the support which
otherwise would be expected at declln- 1
Ing figures. St. Paul and the Bteol le-'
sues were the object nf special pressure
and the ease with which bpth stocks
yielded hnd a most depressing effect
upon the rest of the market
Xrw York, Hit. 1.—The stock market
miened nt almost general advances. IJnlnn
I’sclflv srartnl out 14 lietter on 1,300 share*.
Urent Northern preferred opened litstiee
mol Knitted In nil IV Hnltlmore snd
terred opened 14 higher And declined 44-' —
eonnunn opened U higher nnd reacted, 44.
Amalgamated opened y, down.
Closing bids follow:
Railway Stocks.
Atchison 881-2
do. preferred 82
Baltimore and Ohio 88 8-8
Canadian Pacific ..186
Chicago and Northwestern .. ..144 1-4
Colorado Southern 22
Denver and Rio Grande 241-4
Erie 10 1-4
Illinois Central 1151-1
Louisville and Nashvllls 108
Manhattan “L" 1171-2
Mexican central .. 16 1-3
Missouri Pacific 701-2
New York Central 1011-3
Pennsylvania 120 3-3
Rending •* 3-4
Rock Island 18 3-4
do. preferred .. 45
81. Paul 1181-2
Southern Pacific 817-8
Southern Railway .. 18 1-4
Union Pacific 1218-8
Wabash 20
Interboro-Metro >1-4
do. preferred 11
Great Northern ■■ 1211-4
Miscellaneous.
Amalgamated Copper .. 587-8
American Car and Foundry- • • 511-4
American Smelting and Refining >11-4
do preferred
Brooklyn Rapid Transit..
Colorado Fuel and Iron...
National Lead
Pacific Mall
People's Gas
Stoss Sheffield Steel.. ..
Sugar
United-States Steel
do preferred
Mnrkny Companies
do preferred
, .. 181-4
.. 4S
.. 23 3-4
.. 85 2-8
.. 441-2
..168 7-8
.. 27 3-8
... 88
THE LONDON STOCK-MARKET,
do, 3%. 1939. re*
Dlxl* Cotton Mill* 1st niff. (1.
Ga. R. It. and ISkf. Co., *-
8«aboard 4a, 1969
IMVfc 101%
«%
71V4
freah northeasterly winds.
Eastern Florida—Fair tonight und
Wednesday; light to fresh northeaster,
ly wind*.
Western Florida. Alabama and Mis
sissippi—Fair tonight; Wednesday In
creasing cloudiness; light northeast to
southeast winds.
Kentucky and Tennessee-Fair to
night and Wednesday; warmer tonight.
Louisiana—Showers In southern, fair
and warmer In northern portions to
night; Wednesday showers In southern,
fair in northern portions; freah east to
south winds on the coast.
Eastern Texas—Fair tonight and
Wednesday; cooler tonight in north
west portion; light to fresh southerly
winda on the roast.
Western Texas—Fair tonight and
Wednesday.
Oklahoma and Indian Territory—Fair
and cooler tonight; Wednesday fair.
Arkansas*—Showers tonight; warmer
In eastern pbrtlon; Wednesday fair.
Anaconda ..
AninlgnuintiHl Copper .. .
Atchison •• •
do, preferred
Baltimore end Ohio... .. .
t'ltlmiro nnd Great Western,
c’nnnulnn I’ncific .. .. .. .
Denver and Rio Grande .
do, preferred.. .. .. t. .
Erie
do, first preferred ... .* .
do. second preferred .. .
Illinois Central
Kartaas and Texas
do. preferred .. .. .. .
Loulivlllo nnd Nashville .. .
Mexlcnu Central
Northern I’aelflo .
Norfolk and Western .. .
do. preferred
New York Central
Ontario and Western .. .
{’hUaSelphta*nnd* Heading .”.
do, first preferred .. .. V
do. second preferred .» .
Hock Island .. ..
Houtbcru Hallway
do. preferred
Southern I’ail tic
St. Paul
Union Pacific ..$
United States htael
do. preferred
WsInisq .. ..
do. preferred
39% 31%
69%
6$Vs
mm
118 (117
mm
4% | UNION
SAVINGS BANK
Gould Building
CAPITAL STOCK . . . $100,000.00
-TT—I RE80URCE8 I'-rjr
4°0 $ 250,000.00 | 4 0
ATLANTA NATIONAL BANK
ATLANTA. GA-
C. E. CURRIER. PresIdsnL 44. T. INMAN. Vlcf-Prstldsnt
GEO. R. DONOVAN, Caihlsr.
JAMES S. FLOYD, Asilitant Cashlf*
Capital $500,000.00
Surplus and Undivided Profits $650,000.00
We Solicit Your Patronage.
J
ALONZO RICHARDSON & CO.
PUBLIC ACCOUNTANTS, AUDITORS AND BANK EXAMINERS.
Audits, 8|>scial Examination,. Cc.ting and Syitematiiing.
EMPIRE BUILDING. ATLANTA. GA.