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mv. ATLANTA GEORGIAN AND NEWS. — MONDAY, OCTOBER T. 19.17. It THE VISIT OF THE SPINNERS; WHA TIT MEANS TO THE SOUTH Tim rtpre*e»tli|l'T* of |br- world'* cotton oplnnlni; Indnotrr, lu a*nlon In Atliintn Moiidaj-.-ar* receiving th*welcome due them. The object of their meeting In At- nml th'ir Itlnonrr through the l.eit I* Intendcl to liencllt the apt oner »nd orwInriT nllkc-nn oterljre oil their part for n hotter nndcntnndlng of tho con- illtlon* prevailing In the South for the pint few yearn, capodnlly the grndtmlly on- iianelng value of the South a ataple. The *l»e "< the croli tutta little flgure In valttea-n lAOOO.OM hnle crop hrlnglng prlcea douWngan ll,006.000hnlecrop n few year* ngo-thnt la I2S.’.772,9?4 for a crop ,f ll.2J4.st> hi ltos w ngaloat *J16,a ) 2.:'ik, for n crop or 13.S10.ttS2 lu 1907. There are two hillueiicca rcaiHiualhlo for thla cnonnoiia lucre*ae hi value*: r| Thorough organisation by the fnrinera tbrpughont the licit. 1. The rapid lucre*** lu the couatrnetloii of iullta nml hi the conacoucut deinnud for the raw material In the South. The day I* tint dlatant when the Houlli will conaiiiuo the hulk of the i-otton aeon, The growth ot tile rnnauiiiptlve demand hua liecu nhenoiiieunl In the tin at decade, na ahown by the following Ugurea from Secretary lloatcr'a niintnil report for 190647: ibsa.... 1894.. .. 1886 1896.. ... 1897.. 666.089 743.849 718.615 862,838 904.701 1,04*2.671 1896 1.231.811 1901 ...1.620.931 1902 1.937,971 1903 2.001,729 MW 1.919,252 1906 2.163,506 190« 2.374.225 1907 2.439, ltd During tho aame period cotton eplndlea In the South have lucrcaicd 1,819,291 to 10,598.096. BIO _UP PRICES Fears of Squeezs Cause Ad vance of 27 Points in That Option. OTHER OPTIONS QUIET Weather Forecast in Cotton Belt Favored Steadier Market. New York, Oct. 7.-The local cotton mar ket opened lower on tho coble* from Liver- ■mol. nut anon of tor tho call It rallied about i point* on report* of terrific rain atornia at Mcuiplila ami atao In porta of Arkansas. There wn* heavy covering of abort* and alan i|Ulto an active contuilaalon hottao at- Sliorta In Iiceemlier option In Now York wore nerrona Monday morning. Fear* of n equeeie waa reaponallda for n alinrp ndvancu of 27 point* tip to ntltlday. Other option* ariapothlHil moderately. iJrerpool nt tpe clone waa tmcli lower than had liccn ex- perted. the tone MUll "euay.” 9 to 91k point* tinder the flnnl tlgutja of Saturday. Spot an lea a ggregated 19,000 hnlea nt n de cline of 7 point* to 7.61 for middling. Estimated receipt* Tueadaj-^ ^ New Orleana .fSSS i° ,I'52S ,?'Z2 tlalceaton H'SSS!° Jf'SS iI-*£ llouatoti 18,000 to 15,000 37,386 The market closed stendy. with Oc tober. December and January 16,30 and 21 point* higher, reapectlvely. The re mainder of the Hat waa 3 to 9 point* up. - Comparative receipt* at the portet 1907 1906. Saturday 31,984 47,768 Monday 44,734 82,874 Total two days .. Total alnce Sept. 1. . NEWS AND GOSSIP of the Fleecy Staple. Edited by Joseph B. Lively. MARKETS Mr. Lively s twenty-five lenc® of e<l- yenr: rkets lo Atlanta ode ItiQg and tho South bn* him a recognized thorlty la his specialty on- TIPS FLASHED From Wall Street. RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAME OF STOCK. Special to Tho Georgian. . iFrom Hayward, V!< New York, Oct. 7.—J. S. Bncho & Go.. Liverpool rallies were tine about 4ft$j6ft points lower. Opened quiet nt S point* decline. At 12:15 p. in., quiet net 6ft€f7ft lower on near and kfySft lower on Tate months. Good demand for spots at 7 potntr lower; middling upland 6.61d: sales 10,000, American 9,300; speculation and export 1,900; Imports 11.000; American 10,900. Liverpool nnues about 2 pointi due. Weather over Sunday was fair In tho belt, except showers along tho gulf eonst. Lower temperature la predicted far north Texas, but wanner wenther for eastern states. Tl»e trad* Is watching closely de- velopmenta In the December option. duced. Think trend of market downward. Very little buying power here. Soldi! try ing to break the market. He offered to sell lO.ooo March 9 polnta over Jniiuniy, Mitchell and Cone buying. Market looks like doing tietter- Cotton Armed up on henry buying of De cember. which went to the same price ns January. Shorts scent manipulation In De- eernlKT opd nro getting nervous. Iiow-Jones Company; The Japanese coming Into the market. Several offers have been mndr within the Inst few* days through local lotuses for gnod-slxed blocks of cotton for November delivery. The Jap anese seem to want middling or Itetter, but do uot appear particularly anxious for staple. Selling of December and buying of Jin tiary tho lust three months been very pop ular because of the elimination of quar ter grades In Deceiniier. It looks like two or three wise ones bought December and are S4|iieeslug aborts now. Eventually De- cemtier should sell 40 points uuder Jan- ""offford just took 10,000 Decemlwr nt 11.20 from Weld nml bid for 6,000 more. Fallowing are 11 a. in. bids; October 10.83; January 11.01; March 31.09. Now Orleans, Oet. 7.—llayward, Vick & Clark: Map ‘not complete. What there Is shows rnln lu Arkansas, Tennessee and more or less In tho eastern portion, mid geuorn!l.v cloudy. Liverpool shorts covered Saturday and evi dently re-sold this morning. We mQv also open lower, but thluk market n purchase on all dips. Expect spot support and bad wfeather will put It higher this week. SPOT COTTON MARKET. dllng 0.( lUnc 111 New Orleans, qulot: middling Uft. New York, quiet; middling H.W. Havanas!*, steady; mlddllnf 11%. Augusta, steady; middling-11%. Moldie, tlrm; middling 11%. rhnrlestnii. Arm; middling lift. Wllmtiigloii, steady; middling lift, llnltlmore, nomluul; middling 1174 Boston, quiet; middling 11.90. Philadelphia, quiet; middling 12.16. Houston, atea dr; middling 12c. Memphis, quiet; middling 11ft. Ht. I.ouls. quiet; middling 11%. Norfolk, quiet; middling 11%. Galveston, firm; middling 12c, TODAY’S PORT RECEIPTS. New Orleana. . . . Galveston. . . • . . Mobile. , Savannah. . . . « . Charleston Wilmington Norfolk Brunswick Total. . 1907. 5.8*) 1790 I. 502 14415 J. 143 8,061 2,743 26.613 666 10,019 3.403 6.066 2.22U 2.450 63,674 INTERIOR RECEIPT8. Houston, . Augusta. . Meinphli. . Ht. I.<»uts. Clrlniiatt. , Total. 13.003 16.111 6,385 2,337 L. H. FAIRCHILD & CO.’S WEEKLY COTTON LETTER. r*f*rt waa week. In a normal'year the market woma have easily advanced 76 to 100 polnta on the government reports published Tuesday, hut conditions have changed, and the l»enr 5?owil. apprecfnllng the fact that specula- JIto support in the market waa limited, farced prices down, to a now low level, not withstanding the bullish reports. It Ipoks nrolmhle, however, that there Is now n large short Interest lmth here and In Now lark, and the market la beginning to ahow KKLsgg’^griiijM not wholly a ■ Knit prinipiipH^pmmH advising rmrebsssi cti the depression*, on the Idea thnt the bean hare oversold them selves, and the market technically la lu a •trong position. The week-end figures published Friday were surprisingly bullish, and Haturdny’s Liverpool market showed a decide Improve- Weekly Insight waa 906.64S compared l shows cqty 1,047.697 compared with 1.259,329 last year and 1.591.338 year Iwfitre last. Numerous advices are being received from the Atlantic states to the effort thnt the outlook Is not so promising ss expected, while the western belt * * g fir worse than KpAMVIViMMHi JJJJ°n* sr«- showing more • Kalin* tlonta strong md confidents expect mnch higher prices later on. We hardly deem It likely, however, that any material advance can l*e maintained until n larger portion «f the spot cotton has l»een taken off the market. *ud for the Immediate future believe only In ■ good trading market, which can Im» bought REPORTS ON COTTON CROP BY THE SOUTHERN PRESS. Memphis, Tenn., Oct. 7.—The Commer cial-Appeal today says: "From replies of correspondenta through out the cattoii-produclfig South, under dato In North southern parts of Georgia and Alabama, was dry. Following n seasonable August, during which the plant wus growing aud thrifty, this weather forced the plant over practically the entire Mlsslslppl valley, with the exception of the lowdands, to an early maturity. Many forms promising nt the opening of the month were shed. and. although the general opening of matured bolls begun late, It has since been r<W7 rapid and In many Instances premnt \ e. The cotton In this territory, bottoms ex- ly harvested aud la of excellent grade. Report* are quite general thnt picking will be finished at nil early date, barring .unfa vorable future conditions. "The crop In the lowlands alona the river Is generally promising and still late In the opening. - . . "The tertians of the eastern holt rlslted by rnln report some deterioration, but not IIIMIR lU'H II tuuar ui ma- raair, i, of the Mississippi valley—tho bottoms are promising, while the hills hove opened very quickly and entirely ceased to make cotton. "In Texas, the crop out-turn la every where under expectations of one month ago, and It la now found thnt the weevil damage In the northern parts of the state exceeds all earlier estimates. Picking In central and southern Texas la nearing com- nod up to the time of those reports been sold." . t New Orleans. La., Oet. 7.-The Times Democrat saya: , , . "The Tliiiea Democrnt herewith presents the reports of Its correspondenta on the progress of the cotjnn crop during the mouth of Heptemher: , _ » « , "The consensus of opinion Is to the fol lowing effect: ‘ "1. The accounts vary greatly, according to the section from which they come; lilt, taking the belt as n whole, there has Ih*cu n moderate deterioration. "2. ricking has made gno<l headway, as a rule, hut farmers ore Inclined to hold, wherever they have no pressing debts to P *%. There Is much complaint of shedding nml premature opening of IkiIIs. ••4 The next report, which will l*e the ...st, will be printed In the Issue of Mon day. December •. when the turn*I aunntltn • I... a.llmat* nt rlitlll will It* plrPIl " Amici lean Smcltins. . Am. 1.04.*oiutlve. . » . do. preferred. . , . Am. Csr Foundry. . . American Cotton Oil. . Auaeouds Atchison <to. preferred. . . * Allautlc C. Line. Ilrnuklyn f Ball (more Chesapeake Ac Ohio . Camidinn Pact tie. . . . Chicago 4* Alton. • • . Consolidated Gas. . . • Central Leather. . . . _ do. preferreil. . . • Colorado Fuel «v Iron- Corn Produce Colorado Southern. . * , Delaware .V Hudson. . jteny-r ft Bio Grand#. Distiller** RecorJtleo.. Genera) Electric. . • . Great Western. . . . Great Northern pfd. Kansas ft Texas. 78** 'f.v. P 181%. 158* * I NAME OF STOCK. Kansas X Ivxt«s plil. . j.uiilsvllle ft .'.nstnill*. i lliAourl Pacini-. , . . lexican Central. . . . Xgw York Cotilrsl. . . Ninth*! •stvru .V11ilon.il Lead Norfolk ft WtotffJ. . . ih .. _■ m I'r.clrlt- Mull. i , 4*Op;e , s ijug Co. . , . Pressed Steel Car. .. . JltWdiOg . Isbl.ld. ... - Jo. preferred. , . . Uopuhllc Iron ft Steel. do. preferred. . * . Koutiiern l’acldv*- • • • Southern Hallway, . . do. preferred. . • , St. Paul. ...... . Trim. Coni ft Iron. . . Texas Pacific, Union Pacific. . ., .. V, H. Itubbor. U ' 9. preferreil. • J. Steel. . . . . do. preferred. • Western l/nlqu. . . Wabash. ...... do. preferred. • Wisconsin Central, do. preferred. • .Sir j M... <8K .S3 81' 1744 1944 |§ >1? NEW YORK. Act. . . Nor.. . Dec.. . Jan.. . Feb.. . March. April. . Slay. . July, 5 h Is | 8 11.0>| 10.01-03 10.82-84 11.06 1L944919.8441 11.17 tyoseil steady. 11.25 H.84|H JS 11.23 11.23-23 11.14 11.14-15 1L1M8 .....I. 11.17-18 11.10-11 ll.22jll.08 11.19 ll.W-20 lj.15-16 11.01- 03 11.05-0.5 11.1- 11 11.19-20 U.U-24 11.30-31 LIVERPOOL. 11. ill. Him rii'61’, «.-«»iii|hii Futures opened qulot. Opening , Previous Ilange. 2 p. m. Close. Close. October.--*.. 9.17 -«.13 6.1214 6.10% Oet.*Nor 6.11 -6.07% 6.67 6.06 6.14 Nov.-Dee.... 6.04*4-6.00 e.oo% 6.mu 6.07% Dec.-Jan 6.02*4-6.00 5.98 5.93% 6.06*4 Inn.-Feb.... 6.02 -5.97 5.97 5.94*4 «•« Feb.-March.. 6.02*4-5.98 5.97 5.94*4 6.«*4 Mareh-Aprll. 6.02 -5.96 5.97 5.96 6.06 &«:• is m » 1$ — - ■ MT 5,9441 607 Jnng-Jtjfj,... g.Q3 Cloa*d*n«y. NEW ORLEANS. Following Is the range In cotton futures In New Orleaus todayr Get. . . . .|ii.fo|ii.*5|'ii.ooih.i3 Dce‘* i ! iawji'Lif ibt97 iiiii *»n.. . . .11.04 11.18 U.00|ll.*6 Mnre’b.* * ! u!i»it!mV.i7 u.ss April. . May. . . .11.27(11.33 11.26|11.33 July* . , ■ .}H.46|>hd5tH.45llL46 Clueed steady. 11.13- 15 11.06-1011 11.11-12 11.14- 13 11.17-19 11.38-29 11.33-35 11.36-38 ifciKii u iviM 11.10 11.0504 11.06410 11.11*13 11.25-26 11.30- 31 11.31- 36 aoHlbcrn half of - harr*at«l, nwordlna to r*p*rta r*r*lrwl l.y Th* l'liaruno for ill* «**k *ndln* today, but pnmparatlrely little liaa roaehctl the Weather oendltlona.a* n rule. «-*re fa- rnrattle to plrktn* and the top ernp. It la expert*,], will b* eleane.1 on, by Deeeruber 1. Cnniplalnt la made from Morgan He*. 1-a.. of the npnearanee of l«th the boll wafrll and the bntlworm, hot th* peat ha* ai>pear*d too late In the aeaaon to cauae material dnmace thla year." for moderate profit* on every fair decline. the heavy ahert Interest would And It very difficult to cover about.j the public come In on th* buying able. \\'e lielieve, though, thnt It I* far aafer to haae trananotlona on the auppoaltolt, that weather mndltlont will continue normal. Swift & Co.'* aale* of freah heef In At lanta for week railing October 5 averaged 6.5o rente per pound. HAYWARD, VICK & CLARK, COTTON, STOCKS, BONDS, COFFEE, GRAIN AND PROVISION* Carondelet and Gravler Sta., New Orltana. MEMBERS: Sew Orleana Future Broker*- Aarorlatlon, Nev Orleans sud Chtcazn Boards of Trade, Otleana itotton Exchange, T«rfc .Cotton Ex< hange, ^Fcftl^FufiS'Br ikSt-JS 1 WSS' cotton A..' Now York and Chicago Corrr,, on-lrnta: A 8, SACKE A CO.. AND BARTLETT, FRAZIER * CARRINSTON, PRIVATE WIRES TO ALL POINTS. STRENGTH OF SPOT MARKET CHECKS ^SEVERE DECLINES. Charles Fairchild ft Co., New York, iu Manufacture™’ Kccord: "The cotton season Just ended has been full of Interesting and unusual develop ments. The average trader In futures, cou- ducting bis operations Along the Hues ap proved by the experience of previous years, bns gained little,, If; Indeed, he has not found that the ‘best of teachers* la a costly tutor, aud In looking backward It seems to us that much of that which has been surprising and that many speculative losses have resulted from the inlfure of those in terested In futures to properly appreciate tbs increased independence of spot mar kets and the change lo the attitude of pro ducers that has been brought about by financial Independence. Thla increasing and frequently disconcerting readiness of tho spot markets to utterly disregard fluctua tions In futures and chances In speculative sentiment, together with the readiness with which the world lias absorbed another enormous crop, separated from the lftst yield of over 13,900,000 bn Ice by only otio crop. Itself a large one by the old stand ards, seem to us the most significant fen- ire* of the season. . . . Toe mere ne cessity for larger crops ss a result of In- ereused requirements was not unforeseen, hut • spot dealers, spinners am! speculators had grown no accustomed to the weakness of producers snd their Inability to uuirkof slowly, that advances under the leadership * “ “ irkets, except posslbl: „ the crop had passed fnnn tho hands of producers Into those of the strong middlemen ami spinners, that the change which has taken place lu this respect has l»eon slow of recognition aud, as we have Mid, mny lie largely responsible for the rapidly alternating drift of specula tive sentiment and the wide fluctuations In the mist season. It rength of the 'ked severe do- hcs. . . . We are now on the stOf „ new sea non. which will doubtless bring with It Its own problems and Its owy peculiar features. Conditions were com plb'sitoil Inst year by the failure of the revision committee of the New York cot ton exchange to fnlly appreciate the extent of tho low grades In the year’s crop, and by the fixing of differences so narrow as to throw the local contract nway .below the price nnlly nn»v-i». •••••« UUIUI mum iu vvikiiiiuu. which has l»een the underlying cauae of nil the criticism that has been directed against the exchange, and which has so aroused the antagonism of the Month, passes with the old season. The new administration has already given an earnest of Its linen tlon so fsr ss possible of keeping the New York contract on n commercial basis, and as uear ss a contract permitting the delivery of other than even running lota may be kept to * parity with middling cotton. The re- vision Just announced places the market on mi equality with New Orleans, ami with the price of contracts here again approx! MARKET FOR WHEAT WAS UIG IP Early News Was Bullish and Prices Were Forced De cidedly Higher. ST. LOUIS CASH QUOTATIONS. Wheat—No. 2 red winter 102 fj Corn—No. 2 Cl*4'j On m—Xu. 1 r. 48 $ <« Chleam, Oct. 7.—Th* wheat market waa air thla morulnjt. j 1 n ;,,, a oilvnuclna nddtim to tho favorable look for th* now aeaaon. "In eon*Idarlua the prehabit price d»- relopnienta of th* new jear. too much la atlll nhaenre for nnvthhut lint the moat tentative of oplnlona. The crop la not _ ar» #okl fnr abead, — there la n fenr of n aeneral trade reeetalon; condition* In financial market* are nnaet- tlod; the preaent price* would aeem high enough to jnatlfg n rapid marketing of the n*w crop, nnd there are other eoutllet Ine factor*. But In ever.* calculation tho thin* inoat to bo remeuiliered la that the Houth boa den>onatrnt«d ita nldllty to mnr. ket alowly. nnd w* may confidently expact thnt any decline not entirely Jnatnled by legitimate trade condition* will Im prompt ly checked by a withdrawal of *pot oiler- HAYWARD. VICK A CLARK’S DAILY COTTON LETTER. New Orleana. Oet. 7.—Much of tho nn- •table abort Intercut that had covered Hot- urtlny over non-hualneea dny evidently pnt out Ita commitment* ugofn thla, raonilna and eauaed the wenkneaa In Mverpool. where future* allowed 7f|S lo.a. ngnlnat nlmnt * due. Hp.it anlea. howiorer, are lariter. total 1O.900. There wna nothing aen- rational In The Tlmea-Demoernt on eroti development during HepteuiN-r. A moderate deterioration la the anmndng up of the opln- lona rendered. The leading New York oper ator had n long bear oolitic circulated thrnnghont the lireea. All llda entu.sl ionic profearlonnl idling nrn'md the o|M>nlng of unr market thla moridug, bat contract* were well taken, principally l.jr ap«>t hintaea. which mopped the wiling. rbere la m> doubt lint that OelOlwr commitment* ,„ r n . i»rt are very large and a high ba.li, aa mooli na M polnta over future*, la lielng paid f.w gowl middling. The governor of the atate of Lotdalnim la here ami bene la rained of n apeetller aeltlement of the levee ,trike. Weather coadltlon* ,1*, In favor of the market. Ilnln wna nreity general In the licit, heavy In the uorth r*i>. tr*l atoaea. t'.mdillona aro WiaattM, nml more wet weather la Indicated. Future*, although quiet, ruled aleadr nrouml open ing figure* for the reft «# the inooilli*. In New Yorh. near paattlona are deeidmlFy firmer Ilian the dlatant. Thla may lie due to thlfUng of hour m*Ma*M to latw month* out ef regnrd nr fear of probable •pot anpporl daring lb* early perlml of the arlaon. Bemurta of ralti*r* r.*nln« In from all porta of the lielt. H|m-nlatlon nml epnt Intereata have not atnrted to rvallxe the eomcineiice of a probwaeil net arjell. lint It may prove the antmote to to-- manipulation and lead to n change In vie \ pr 5ew York. Oet. 7.-4. 8. Baehe « Co,- Room trader* tried to break the market nt ago. I* big nffnt over lc at the atnrt. Cnulea a full cent higher nud bail uewa from Indian were the hirf hull. Inauruicx llartlett nnd. Unnkln were’’the' lending ’tuiycra. World'* ahlp- menta large at 13.374,001) Inuhela. Human and Amenean eontribntlug about 30 per cent. The weather map allowed n light rainfall nortbweat with n forecast for fair nnd warmer. . ADD GRAIN- Markets Wheat cloned 3-4 @1 l-2c higher; corn up 6-84P3-4C; oats 3-S@l-2c bet ter. and provlalon* 3 l-3c oft to 3 1-30 10c higher. CHICAGO GRAIN MARKET. engo for today yeaterday'i clave fullowa, compared with Ptavloua Open. High. Low. Clooe. Clove. WIIBAT— 5 S Dec. May July COBN- Oct.e.e 61 Dec.... 5SV4 Mny.... 69 Vk OATS— Dec.... 6344 May.... 55 l*OHK— Oct... 14.12V4 14.12V4 14.12 1 Jan... 15.27V4 15.35 ss g* Uffl SJtt 101H 107% 193% 60% February March April May .. .. .> i June .. July Auxu.it Heptemher .. Octo|»er November .. .. i)ecrmt*r .. .. (tosrd stonily. .. .. ..6.214.25 ..6.:«4.30 .... . ..8.95*6.40 ,.6.354.49 6.404U5 6.45 6.56 . .. ..6.43461 ftJ94.Q0 6.034.6S ipt.w s-ii.-N b-nrw. WEATHER REPORT. WEATHER CONDITIONS. The wenther Is cloudy over most of the hrmtb nml lu the MliNlKilptd valley, with ram falling nt Memphis. St. Unils, Mar- qnette. n«u I'ortlaodS Me. The unsettled conditions nre due to the* existence of two areas of high pressure, with An intervening trough of low bnronieter cxtendlnx from the Great Lakes southeast Into Texas. The northwestern high urea Is aee4»ini»anle!l by generally clear weather nnd lower teim»4>rn- lures, and Is centered In Montana. .The eastern hlylv area Is of less euvrgy snd Is (Miisliijr off the south Atlantic roast. There has Iwn but little cbtiuffc In tein|>erAture over the southern half o? the innp lu the Inst 48 hours except In northern Texas, Ar kansas nnd western Tennessee, where It Is warmer. J The eastward drift of the areas of high nnd low pressure will pronnhly cause show ers In this section tonight nnd Tuesday; wanner tonight, COTTON REGION BULLETIN. Fur the 24 benrs endlnjr st 8 ft. a75t% cooler tonlfbt In southern portion. sols are up Traffic 1 business conditions are nclmlttwl to lie Irregular, liut regardless of this the railroads have more business thou they have ears with which to handle It. Grain experts say Kansas will harvest 320,000,000 bushels <»f f 1*1 * spite (If the be sees trouble ahead. He strohxly reeom mended his directors not to. build another f«K»t of rnllrond In Texas. Hears showed jdj;ns of renewed nRBres- ■Iveness Haturdny, the main contention be fits developments of nn unfavorable charac ter In rulou l’nelfle nffnlrs. Hnnkltm Inter ests apathetic and would rather see a quiet market until crop, movlnc l»erlo4l ends. Large deereAses 111 loons saved reserves from heliii; wiped out. THE LONDON STOCK MARKET. STOCK Anaconda Amalgamated Copper .. A tehIson .. do, preferred .. .. Baltimore and Ohio .. *. do. preferred Chesapeake nnd Ohio .. Chicago mid Great West Cauadinu Pacific Denver and Itln Grand*; . do, preferred Iaouluvllle nml Nashville .. Mexican Central do. preferreil Northern Pacific .. .. Norfolk an«l Western .... do. preferred New York Central Ontario nnd Western .. ,, Pennsylvania .. Philadelphia nnd Heading . do, first preferred *. ... du. second preferred Jloek Island Bout hern Unit way do. preferred .. .. ., Southern Pacific? Ht. Pnnl .. .. 4. .. .. .. t’nton Pacific Putted States steel .. do, preferred Wnliash .. do, preferred ,, ioivii w THE COFFEE MARKET. market for today: (q'oiling Jannnry' .ImTiH February 6.154.35 6.2*4.25 6.254.55 6.304.36 6.30-8.35 ri. ?*>-(•. 40 '6Li04/43 6.454.5f* tSiS C.C0-C.10 COTTON SEED OIL MARKET. Following Is given the opening and closing meridian tirocT Oetoticr 7. 1997. STATIONS < Aintnln, <’h>»(Jy. . . . . , ^Chattanooga, p. cloudy. .. Col mu bn**, cloudy Galuesvllle, cloudy. « • . •^Jreenrllle. ...... Griffin, cloudy. ...... xMacon, cloudy. ...... Home, cloudy Spartanburg, cloudy. * . . xTorron, cloudy. West Point, cloudy. . . , Minimum tem?M*rafnrei Teuptrsturs. :|1 m sc-Saa ars for 12 hours §5 82 7.97ty 9.00 8.77H 1.86 7.92V4 7.934 1.174 THE 8UGAR MARKET. New York, Oct. 7.—The domestic refined sugar market today was steady nnd un- changed with nil refineries doing business on the basis of 4.90 less 1 per cent for cash for flue granulated. The local raw sugar market was steady and unchanged. The London beet sugar market was steady with October sud November unchanged at (hi9il lor both. MINING 8T0CK8. Oklahoma and Indian Territory—Fair to night r*nd Tuesday. Arkansas—Showers and cooler tonight; Tuesday fair and cooler. BANK STOCKS. Central Bank & Trust Union Savings, Lowry National. Prices on ap plication. HILLYElt INVESTMENT CO., Bond. Dep'L English-American Bldg. OISTKICT AVERAGES. X77anit,. :. : 0 si u .»• AUgUSta, . , , , . Charleston. . , , . Gnlvcstoti. . . . * ••Little Hock. . . ••Memphis Mobile Montgomery. . , New Orleans. . , ••Oklnhoma. . . , Hnvnnmib Vicksburg. . , , Wilmington, . T. Indicates luapprveinbis ninfali. Oi Fov yesterday. (2) For 34 hours ending • a. m., Remarks, No material changes lit temperature were reported for flic post 24 hours. Light ralu THE LIVE STOCK MARKET. Chicago, Oct. 7.—Hogs-Ilecelpts 28,000. Market 5c higher; light 8*3.J94fcy7.fi; mixed SS.96tt6.85; heavy f5.75tTe.75; rough S6.75€tl06; jilga r». 10^6.45; yorkers aud fusdora |s.80O stockers snd feeders S3.9jiff5. Hbeep—Receipts 46,000. Market 10c loner. LIVERPOOL GRAIN. JlH lil«l>er- - anil at I:C ,t«IH blgU-r. than due ami favonlile weather over Hv< il*T- t)ur market full* met the deellne lu I.lverpnol anil uiieiieil weak. Imt a t*e>mlu utea liter the lull a .ml liujrlnr power oet lu anil prlve* laalljr reeovere.1 the luat xrniuel. The Brat uiien move In the pt- tempteil Ueevmher aqaarxe wat ilone tulav. and. etmiluillna from the ileprrulon In the later nptlmi*, Ibe.totred nmlolB* of »irail- 4lea waa the remit. It Inoha hln.l of e.irljr thnath to enriirr Deennlier. aa llu-r* nrelv will eiuue nnt enim*h Imi* enttmi on *njr umterint advance tu aatiuv to, ueeil* of ■horn. Ileturti Mr that the Apaaese are Iimilna Inin thr market. Heveral offer* f n.Tton for Xovewla-r delivery. The J*|i linen- Reeui to wnut ml'MIlux or liettvr, Irnr ilo not appear parllriilariy nnxlnoa for Ktaide, In Ine later M-aatoa, tue marvel iul.il narrow and erratic, le-ln.- airaln i \ t of Ita earlr rnnvert. Be lielieve the umr- WEATHER FORECAST. nnma. uowiy (itiimvmg (ns t srea of high pressure thnt the upper Missouri valley. Haiti has fallen In New Ku York, the upper lake region south westward on the rear side of the trough to northern Texas. It la warmer generally t slsslppl, and mui'h cobier In Montana mid the ettrente northwest, Hnln Is probable within the hext thirty- lu the middle Attaiftf 4% | UNION 14% SAVINGS BANK Gould Building CAPITAL STOOK . . . SI00.000.00 - 0 . FtESOUPCtS " a 4% S260.000.00 4 0 CONTINUES SMALL Initial Prices For Stocks Were Generally Lower Monday Morning. SPRINKLING OF GAINS But Only Fractional — the London Market For Americans Quiet. New York, October 7.—Today’s mar ket came nearer even than It had at any time la*t week to the stage of ab solute stagnation. In the general list prices weakened fractionally nt the opening under moderate selling by for eign houses, but hardened again later, and at midday were back as a rule at Saturday’s closing. What little Inter est there was converged largely upon a fetv stocks, which were moving spe cial reasons. The Steel shares dropped off a trifle nt the opening nt the new* of .the contemplated building of a rival steel plant by the Jones & Laugh I la Steel Company, but good support was extended on the decline nml both storks held up ns well as anything on the day. There was a renewal of liquidation in Southern Railway common, which reached a new low figure, but no light was thrown on the true causes of it. On the other hand, the unexpected an nouncement of an extra dividend of 11-2 per cent on Great Northern pre ferred caused a sharp rise In that stock, and In Northern Pnclfie. In which simi lar action Is anticipated at tomorrow s meeting. The market In general, so far as It moved at all, seemed to sym pathise more with the strength of the Dill shares than with the heaviness in the other Issues. New York. Oet. 7.—Th# stock market opened nt giMicrnl declines with the excep tion of Atchison, whlelt was *4 higher, end Northern rnclflr. which wna nuchanged. The Inrgrnt Initial loss wus In South ni I’n- cllic. -V Steel preferred on J14flP uharas opened ft lower nud millet] ft. The ceiumon '/« lower un 3.679 sbtres. Closing bids follow: • --Railway Stocks. Atchison .. .. *'*> Baltimore nml Ohio.. ..... ,, .. .. Cimitdliin Pselfie.. b'.’i Chicago nud Northwestern I44ft Colorado Hour her ii.. .. . .... .. .. -1 7 » Denver nml Illo Grande.. .. .. '.‘.’ft Kile .. .. ... .. .. l'» Lmtti»v|l!e nml NnshvlUp i"» a * Mantmttnoir "l/V .. ,i ,. lis Mexlenn CnilrnL. ..’..'•..•..-a; .. .. 17 New York central.^ i'»3*4 Pennsylvania., i.-v. .. -• i'*'* Hpndtng.. .. .. ■*> Hock island.. -- Ht. Pnnl lDft Houthem Pnclfie 6-\ Southern Unllwny H 7 u 1'uioii Pnclfie.. lSS'.I Wnbnsh M Wlseiuisln Central .. 14ft InteriMirnugh-MetropoUtnti '.‘ft tlrent Northern 13'*# Miscellaneous. Aninlcnmnted Copper .. .. m Amerlenn Cur Foundry 35ft Amerlenn Lm-ouiotlvo 61 ft Amerbnn Colton Oil .. 32 Amerlenn Smelting nnd Uvfiulug X' do, preferred Wft Hrooklvn Hnplil Transit ,. 47ft Colorado Fuel snd lion l^ft Satlonnl Jlluctile .. ’>?. Nnlloiinl l^unl .. .. eft Pacific Mnll .. -• - '. f People’s Gns .. ». -• Pressed Steel c’nr .. |‘:ft I’nlted Htntea Hire I 27 do. preferred * «s R # Vlrglnln-cnrollna Chemical 18ft MONEY AND EXCHANGE Now York, Oct. 7.—rifopay on call . i-2©6; time loan* *a»y; 60 days 61-2; 90 day* Cl-2; nix month» 61*2. Posted rates: Sterling exchange . I4.6S<H4.86 1-2, with nctuul business In ! bankers’ bills at 14.858004.8585 for de- 1 mnnd and S4.822$@4.8230 for 80-day I bills. j Prime mercantile paper unchanged, i London bar silver 80 l-8d. New York { bar silver 6.7 8-8c. • Mexican dollars 50 8-8c. 2J 1 ” I JJ- THE AMERICAN AUDIT COMPANY Home Office, 100 Broadway, New York City. F. W. LAFRENT2, C. P. A., President. C. E. Manv.^rlno. Vic* Praxldant. Thee. Cochau, Jr.. C. P. A„ Bra. and Trtax BRANCHE8 ATLANTA—Fourth Nan Banlt Bid# CHICAGO—ilarnu.lt* BulliUng. rini.ADELI tA—B.llevue-Siratford, SAN rr.ANCtSCO— Belien Sulliil**. NEW YORK—Waldorf-Aalnrla. BOSTON—Exchanc* Bulldlnff. WASHINGTON—Colorado Hulldln*. NKW ORLEANS—H*nn*n Bulldlnff. BALTIMORE—Fidelity Building. LONDON. ENGLAND— 4 Kins Strort. Chrapalrtv. ATLANTA BRANCH 1015-11 Fourth National Bank Buildlnj. 0. B. BIDWELL. Resident Manager. Telephone, Main 872. Cablo Addreet, Amdit, N. V. title state six hoars In the mb Ohio rnlleft the lot H cant gulf state*. It will be somewhat warm- Foreesit hull! 8tp. m. Tnesds/: cloudy ami ir night: TfiesHny rnlu him colder li southwest portion; fresh soath** beetgulng waaterly. North Carolina—Increasing interior; Tuesday fair un the eoaal %*tto showers lu Interior; light to fresh easterly winds, Iwcotnliig southerly. G«H>rfts—I'slr tonight, oxeept rnln In northwest northm; warmer In northern por tion: Tuesday showers, exeept fair on the n>ast: light to fresh southeasterly winds. Fa stern Florida—Fair tonight ami Tue»* day; light southeasterly winds. Western Florwn. Alabama nnd MI**UVL I -Hall* tonight nml firobably Tnesdw : eu. er in northern MMIsmIppI nm! io>rtb«rp Alabama Tuesday; fresh southoast to snath Kentucky—Mowers ronrgrr; TBemlny •leirlsg and cooler. Lxiirbinu and Kastern Texan—Shower* to night: ii>o|er*ln northwestern portion; Tues day showers; eooler In imrtheru portion to- FRANK HAWKINS, President. It. M. 1TKI88Q1 Tice-Presideut. THOMAS C. FRWIN. Cashier. JOSHPII A. M’COUD. Vies 1*1 esidvac. U W. ItYKItF. Asshunt Cashier. Third National Bank Capital .... $200,000.00 Surplus and Profits $400,000.00 DR. A. W. CALnOUN. MILTON D AUG AN, JOHN \\\ t; It ANT, II. Y. M'COKD. FltANK IIAWKIN8. 11. M. ATKINSON JOSKPll * ** * *Vrd. J. 11. NDNNALLT. J. CinUOLL l’AYNR. C.. It. KOKHKK. DAVID WOOIIWAHD. L. H. Fairchild, Established 1385. 8. J. Whit* L. H. FAIRCHILD & COMPANY, NEW ORLEANS. Alum bsr*: New Orleans Cotton RichnofSt New Tort Cnffss Esebnogs. New York Cotton Ls< h.urge. New Orleans UMfi of Trade MW organs fitoeb Kxrhnnge. • btengo Itnanl of Trade. LIVERPOOL COTTON ASSOCIATION. Private Wire* to NHW YOUK sad CHICAGO. Uixlers eolieltial for fntnre 4#tte tly on nbova Kichnnses U. C, COTUBAN- the opening, encouraged by lower cables ket • sale on all strong spots. ALONZO RICHARDSON & CO. PUBLIC ACCOUNTANTS. AUDITORS ANO BANK EXAMINERS Audits, Special Examinations. Costing and Syat.matixing, EMPIRE BUILDING, ATLANTA. CA.