Newspaper Page Text
EDITED BY ( _____ " ~ \ Ur |jr*lr'« 1 ran .i.-rvnc :
!| Josephb.lively^ THE GEORGIAN’S RECORD OF MARKETS AND FINANCE j
NEWS AND GOSSIP
Of tie Fleecy Staple.
fcew York Market at the
Opening Showed a Slight
Decline.
MARKET ROSE LATER
On Good Supporting Orders,
Some of Which Were for
. Outside Account.
tj Print* L*«»ed Wire.
\>w York, An*. It.—Tie undertone of
im cotton market nt the onteet today
irii mrprl*ln*lr itendjr In rlew of ihe
Imr nlilee. There eeemed to be good
uni.irilnx order* In the market, eome of
Slch were for outalde account. Tho of.
fcrlnn were quickly aheorted, and wlih-
I; Jve minute* tho lo»* had been fully
recovered, and the market waa telling even
iritb last night'* cloae.
Urerpool did dot fully rcapohd to the
letter feeling In the New York market*
till morning, though the cloae wu« at liet-
ter fliurei by W point* than yeater-
were * point* lower on sale* of 5,.
^vewVork opened about a* dne on Liver
P ol's showing, bnt the umlertone waa In
ror of a renctlon and on some
borlne price* at uildday were allghtly
ter than at the opening.
It la reported that Price waa
borer, while MoFadden waa thougl
reran* fret - ' '
keary teller ;
Crop report- — - —...—, ...
In (dinning the course of prices, *ud the
market responds easily to news of an un*
favorable nature, to which can be attrib
uted the early advance this mornnlr, as re
port* complain of boll weevil and htavy
rain* In Texas this monitor
The New York Commercial says:
* *; Is tho a.— «...
cotton plant, the
_ ring Improved but
esce during the current month for a score
ftuffering ns much ns n dcterlora-
17.3 points In August of 1802,
almost repenting the performance on sev-
*r*l Inter occasions; even In the big
crop year of 1904 It having lost 7% joints.**
spoFcotton market.
n heavy
ght to be
Atlanta. <lulet nt lOftci
New York, quiet at 10.10c.
New Orleans. Arm nt lOR-toc. ^
Liverpool, quiet at 6.G5d.
Augusta, quiet ut lOftr.
Sf. Louis, quiet nt lbftc.
Sftvniiiuih. quiet at lJli-lGc.
Charleston, tiomlunf.
Memphis, »|iilet nt lOftr.
Baltimore, nominal at lOfte.
Gnlrestoi., nominal.
Boston, quiet at 10.69c.
Norfolk, quiet nt lOftc.
Mobile, (lull nt 9fte.
LIVERPOOuT cotto^market.
Liverpool, Aug. 14. 12:16 p. m.—rot ton.
spot quiet, with prices easier; uibldllng up-
lands 5.65d; sales 6,010: American 4.8W;
speculation and export 600; receipts 2,000;
Hept.Ort.
her. .Inn
Jin. Kcb. . .
Feh.-March. .
March April. .
Aprll-Mny. . .
Closed stead,
(rpcuillg Previous
Mange. Close. lira*.
. . .5.43-6.39 6.WA.?f» 5.rm-5.37
. .6.36-6.85 5.35-6.30 6.02
. .6.23 5.33 • 5.26-5.27
, ...6.23-5.2? 6.2) 5.21-6.28
. .5.23-5.2* 6.23 5.24-5.3
... .5*23-5.29 6.23-5.3? 8.3
. .6.39-5.20. 5.81 5.20
Private Wire to (Jlhcrt & Clay,
n N ' w ft-Umtpobl at t-:*>
[>■ m. waa 2H*i4 down. Duo about S up.
Oneu -fj* lower. .
"Market dull; adranc
m niirekct/'* 0 " 1 ” ° f Y-itorday a cotton atlll
today* U “ m * Yeaterday continue buying
■*»»t l®-® 8 Oecemher,
and still baying.
Dick Bros. •* Co. saya: “At late at
July 26, the bull leader said be expected
a consumption next year of U.000,000 bales
cotton. He also said crop
of 12,Ono.(fto bales «»f American was needed
to preveut scarcity, Under such circum
stances, he stated he felt confident of much
higher prices for cotton In the not distant
future. This looks like a sound argument
at the present love!.”
Carpenter Maggot & Co. mya: "We
would not fajor extreme bearish views In
view of the fnct that any Iwd weather to
retard the movement, or Increased deterio
ration reports might bring al*out at any
time a sudden upward move.”
The Journal or Commerce says: “The
market opened firm. There was less rush
to buy than on some days last week, but
the general demand was large, especially
In lobbing bouses. The malls brought many
orders to commission houses, and jobbers
who mad* lultlnl purchases thirty days
ago, and who aro uow desirous of taking
tho full allotment of goods they did uot
care for In the early part of July,*’
Nordon and Wllsou selling.
Wiggins i»ought 12,000 December nt 9.70,
and Is sttii buying.
New Orleans. Aug. 14.—Our traveling rep
resentative wires: "Troy, Ozark. Doit ban,
Ala., goofl crops.. Chattahoochee river,
Ralnbridge, On., to .Jkotunsvllh*. Ou. t late,
but frultlug well. Reports of damage ex
aggerated or else crop shows wouderful
Improvement In pest two weeks.”
WEREJE RULE
Price Movements During
the First Hour Were
Irregular.
THE SHORTS COVERING
There Was Little Conunis
sion Business—London r,
Mo’derate Buyer.
_ me Ida
trvlng to cover. Not much snap,
tell market ou any further rally.
Map again shows general ralm
eastern and central portions “ ‘
Looks like some big shorts In
im
ill
rains
of belt, and
... tat.
he failure of the foreign market to .
tpond to our ndvnnce caused a lower open
ing. Market now steady, and with some
shorts covering ou further rains over the
Private Wire to Ware & Leland,
New York, Aug. 14.—Liverpool futures
opened quiet 4 up ou near nod 6 up on
late. At 12:15 p. m.. 2 to 3 up and quiet;
sales 6,000; s|>ots 3 down nt 5.65. Futures,
due ubont 4 to 5 up.
Not much to New York market this
ornlng. Commission houses l>ought con-
dernble cotton. Mnrket sets a bit over
sold to us. Think Mr. Price Is committed
to the bear side. iM-sIdes which there Is
a large scattered short Interest in the
mnrket hero, and for tho present would
rather buy cotton on breaks.
Cotton mnrket opened Just its expected oti
Liverpool rabies. Commission houses buy
ers. Wiggins and Howard Wilson took
blocks of Oetolier hnd December. Market
looks ns thought It was In an oversold
state. It was not easy to buy cotton yes
terday, and this morning, as heretofore,
until considerable shorts have covered,
would rather buy cotton on weak apota.
Short side entirely too promiueut at mo
ment.
New Orleans. Aug. 14.—Liverpool waa due
““ 4ft«5ft up oil
p, tm,
up to expectations.
The wen I her map shows ft great deni
f ruin over the cotton belt. lu sum#
entitles, the rainfall Is heavy.
Receipts of new cotton to date 16,840 at
Houston. t
Receipts nt New Orleans 969. l new Imle.
Hutton. New York, wires; “You can
•II cotton at these prices. No rally to
market. Will Issue Giles' .-..Alt nt noon
°Nct rr *Yock of cotton here Is 14,530 bales,
against 64.163 last year. Amount of cotton
mi shipboard Is lf,K8 bales, against 16,318
last year. •
.5.36-6.34 6.86
6.28
5.39
5.31
TODAY’S PORT RECEIPTS.
The following table shown receipts at tbs
E ls today, compared with the same day
t year;
N**V Orleans ...
Gslraston
Mobile ,
fcvniiunh ... ..
GhsrlcHtnn .. ..
Wilmington ...
Norfolk ......
Total
THE WEATHER
LOCAL FORECAST.
WEA+HEFt IN COTTON BELT.
By Private Leased Wire.
New York. Aug. 14.—Both !n London
*md In the tuny dealing*} here, the
movement of American shares wag ex
tremely irregular. The* good feeling
occasioned by yesterday’s gold Import
announcement was not wholly lost, nor
were there any developments In the
money situation today to warrant
less cheerful view being taken In spec
ulative quarters. Sterling exchange
hung close to yesterday’s low level, and
the cosh gain of banks at the sub
treasury on the week was maintained.
The uncertainty on the stock exchange
seemed wholly due to superficial con
dition of the market’s own position,
much doubt being felt whether, In view
of the narrow Interest in the trading
prices for many of the leading issues,
had not gon6 ahead too rapidly. This
apparently was the feeling Among the
majority of active traders this morn
ing, and ft was encouraged by signs of
large realizfng sales In Southern Pa
cific, Union Pacific, St. Paul and one
or two other recent popular Issues.
•These stocks were decidedly heavy
during the morning, and further weak
ness, for obvious reasons, appeared In
Brooklyn Rapid Transit, on the oth
er hand, a number of specialties werq
bid up again, and many of the regular
list which have had less rise than the
leaders held firmly at yesterday's
prices.
lu the stock market most stocks ml-
vnneed nt the opening, Union Pacific nnd
Pennsylvania gaining *4. Hugnr ft, Missouri
Pacific ft and Rending. Smelting and Polo-
rado Fuel ft. Cnwulltui Pacific started In
a little tower. Gas nml Northwestern de
clined ft and St. Paul ft.
Price movements (hiring the (last hour
mmir were advanced on orders. •••••« »**»»•«
was sold In other Issues. The greatest
strength was developed In Delaware and
Hudson and Northwestern. Theirs was lit
tle commission business. I*ondqu bought
nlmut 16,000 shares.
Governments unchanged,
steady.
Other bouds
LONDON 8T0CK MARKET.
Texas—TvU*r, clear and hot.
tonlrt. partly cloudy and warm,
partly cloudy and pleasant
Han An-
Houston,
Dallas, clear
INTERIOR MOVEMENT.
The following table shows receipts st the
interior towus today, compared with the
Mm* day last year
1906 1906
Hsnston ...
Aagaatn ..
Memphis ..
<214
111
6221
184
396
179
^EWS FROM COTTON CROP.
n'u w Mr b*n»*. Alls. 14.—A rsllsble Kutnw
correspondent wfrea: •‘Prop .pros-
I'M favorable; cotton shedding In
fcl , , not fruiting well. Worms will
rff h *lnmage, which is serious, condition
roily 3» |» r rent off post ten days.”
hn , ,’"imtcli from Wharton. Tex., says:
prominent Wharton county
w *r» I" town trslay and repprl
they have had too much rnln. Boll
nre Im*comine very numerous and
Jbu < .iiiAlUerable damage and cotton is
,'‘V'u; l sully.”
• i^-khart. Paid well county. Texas, .gays:
liffbt rains of the past few days
“f' p nor Interfered materially with cotton
iii staple Is contlng In front
J” direction* The town Is full of cotton
fl nd goml prices are offered.”
Br .. ri THE^SUGAR MARKET.
Loosed Wire.
• n 1 nrk. Aug. 14.—I»cnl refined and
, % "znr Htetuly and unchanged. London
f* up *4«|; August, 9s;"September, 8.10ftd.
I r „. ( TH E METAL MARKET,
wire.
aw , ,' urk - Au *- 14.—Tin developed con*
,Ui • t r» n « tA l*» spot, owing to s
* hr of that commodity. Heveral trait*-
tr***?* made st 41ftc. an advance of
rat» 1 Ue . prie9 closed at the best.
I' ^ ruled firm, bnt unchanged.
Mfa ' 1 * n d spelter were neglected.
Hpcclni Texas Rainfall—Beevllle, Rren-
limn. Galveston, Huntsville. Taylor, trace;
Porsleaua. .20; Ft. Worth, .36; Ifoustoii, .04;
Kerry Hie. .10; Mexln. .20: Nacogdoches, .16;
Pnlestliie, .02; Waxnhachle, .66; AVeuthcr-
ford. .18: Wharton. .01.
.Mississippi—Meridian, clear and warm:
very hard rain yesterday; rainfall 3.76
Inches. Ynxoo Pity, Jackson nml Natchez,
clear and warm. Haxlehurst aifd Brow*
haven, clear and hot. Greenwood, clear
and pleasant. . , ,
Alabama—Opelika, partly cloudy and cool.
Montgomery, cloudy and threatening; very
hard rain yesterday. Troy, partly cloudy
and pleasant. Holms, cloudy and hot. Illr*
mtiighnin. cloudy and cool; hard raid yes
terday. Mobile, partly cloudy ami warm.
Huntsville, cloudy, threatening and cool:
slow rnln yesterday. Decatur, cloudy and
raining.
Georgia—Columbus, cloudy nml warm;
rnln yesterday afternoon. Macon, cloudy
and hot; light rain last night. Anierlcus,
cloudy nud warm; rain Inst night. Albany,
partly cloudy aud warm; heave shower
yesterday. ,
Tennessee—Nashville, cloudy and pleas
ant; sprinkled Inst night.
Iioulslntm—Shreveport, clear and hot.
WEATHER IfTwHEAT BELT.
showers at Wllllstoa,
West nml Southwest-Generslly clear; 62
to 72 nl»ove. _ .
Ohio Vallrjr—Clourtjr; B to 74 ibore; lucnl
rains. _
W EATHCr. L-ONC'II I O N 8.
Unwltlo.1 rondltlMi* i.riHloniltmto mi;
■huwi'm im-.!’ oreurreil oror tho *t*tra *outt
of tho Ohio nml In portion* of lho ,until
ml. Hhuwor* h»te noi-nriiil nt rent
tornl imtloii* In tho north-re ilUtrl.tii
of tho llooklo, iil-o Tho followliiK «tn
tinit, report on. huh or wore of rain hi
tho lnm Jt hour*; Slorldlmi. 1*2; lllrwln*
hsin 2 56: Newusn. Gn.. 2.00; West point,
1.82;’ Montlcello. 1.07: Griffin, 1.16; Tb(»nins-
v|||e, 1.74; Gnodwnter. Ala., 1.68, and New-
port. Ark.. l.M Inrho*.
Tho prranro ho* iloorouiiol at nil »t»
Hon* oo*r of tho llooklo*. . T»» wort d»
ohloil oh*n*o* havo oroorreil In Now E»*-
(mill mol Now York.
Uttlo or no ohnnito In temporahiro ha*
ooonrriol oicopt *t
"tUo oomUtlon* oontlnne f»vor*hle for lo
cal .howor. tonlfbt ''jffSgftiT.
Section Director.
A^nncondn.. ..
Atchison
PnnmllHii Pacific
Phlc., MIL and Ht. Pan!.... 1
Pennsylvania
Southern Pacific.. ..
Union Paellle
United States Steel,
do, preferred..
38
107ft
RANGE OF NEW YORK STOCK MARKET:
Amalgamated Popper.
American Hugar uefinlng
Atlantic Ponst Line
American I*«*eouiot\Ve‘‘’.*j..’..1*.!.V..!!!!!!! 1!
do, preferred
American Hmelling Refining
do. preferred
Atchison
do, preferred
American t’otrot* Oil
Baltimore and Ohio
Brooklyn Rapid Transit
Canadian Pacific.. «...
Chicago und Northwestern...
Chesapeake and Ohio
Colorado Fuel ami Iroti..
Central leather...
do, preferred........
Chicago nml Great Western
Chicago, Milwaukee and Ht. Paul
Delaware aud lltidsmt.
llUlllln*’* W....III-I
Securities..
Distiller’
do, preferred. .V.’ .7.7. .’!!!!!!! 17..
General Fleet rle
Illinois Central .*
American Ice Hecurltle*..,
Louisville and Nashville
Mexican Central ■*.....»
Missouri Pacific
New York, Ontario and Wsvtern
National Lead
Northern Paellle.
New York Central
Norfolk and Western
Pennsylvania
People’s Gss
Pressed Hteel Cur
do, preferred...
Pacific Mall
Rending 7.
Republic Htcol.
Rock Island
do, preferred.
United HtnteS Rubber *
do, preferred,,**.,#.
Southern Pacific
Southern Railway
do. preferred.,.,
Rloss-Sheffield
Tennessee Coni nml Iron
Texas nud Paelfla
Union Pacific
United States Steel
do, preferred
Vlrgfultt-Cumllim Chemical
do. preferred
Western Union
Wabash
do, preferred.,,,
Wisconsin Central
do. preferred
Total stock sales today tol.SuO shares.
RANGE OF THE COTTON MARKET
AT NEW YORK.
Closed steady.
GOVERNMENT WEEKLY
REPORT ON WEATHER
COTTON REGION BULLETIN.
meridian time. Angus!
HTAT10N8 OF
ATLANTA
DISTRICT.
•Atlanta, cloudy ....
•Chattanooga, rnln
Col uni Inis, cloudy *
Gainesville, cloudy
Greenville, cloudy
Griffin, cloudy ....
WEATHER FORECA8T.
Otorffl*. K*.t Florida. Alnlmm* and Mil
•l«*lnpl-V-vil rain, awl warmer Tnewla.
•ltd \Vf.Jne*d*TL 'nrtnhl* wind*.
I^tul.Uua nml fefl*teru Tel**—F*lr Tue<
d»j Und tVedne*d»)r; warmer tn the Interior
Tneedar: light *ooth wind*.
tv**tern Florldn-l/x-al r*tn* Tne*day
d *,ik,.^ri n nd?*r«^ T Mrk.n.
w*-Fnlr and wanner Tuewlnjr; Medbe*-
d*y fair and cooler.
1 ALABAMA AT.
GBBERT & CLAY
STOCKS.
COTTON. CRAIN.
COFFEE. PROVISIONS
MEMBERSi
ATLANTA. OA.
Board of Trade.
' Cotton Association
Cotton Excbanga
. Private Wire* tosU Exchanges.
^•*•1 And Lons DiiUnw Ttltphcnt 52j»3*
Montlcello, cloudy ,
Ncwitnir, cloudy ...
(Ibnne, cloudy
Spartanburg, cloudy
Tn!lu|HH»iin. doudy
Toecon. elomly
West Point, cloudy
’Minimum temperatures
HI
for the 12-
... this date.
lafe (wire trouble); nut Iticlud-
Ncwtuui. Gu. ...
West Point, Ga.
Camnk. Gn. ...
Meridian. Miss.
Wilmington
T Indicates Innppreclal
"EMARI
bis ralnfslL
The temperature remains practically sta
tionary over the greater |sirtIon of the l>elt.
Rain has fallen |u nil districts except In
Oklahoma. Heavy rains have occurred In
Georgia, Mississippi. Alabama and Arkan-
W. R. FAGAN, Msnonar. * tm taWe ylcW.
L. J. ANDERSON & CO.’S
DAILY COTTON LETTER
New York, Aog. 14.*-On a vacillating Liv
erpool our market opened allghtly weak
this morning. Init strengthened after the
first few minutes on entering by shorts
‘ « for interest* who think s rr-
now due. Also some uneasiness
Is felt on account of the continuance of
rains over the licit, especially In Texas,
where complaints are Jieglnnlng to be more
numerous as to too tunch moisture and
setlrlty among the Issli weevil. The trade,
however, la still optimistic as to a Mg
yield and are only Inclined to support
C lces temporarily for s reaction and a
tter selling basis. It will take same more
pronounced Indication of damage to the
growing crop to change the temper of
things t*» spy grant degree. Just now the
- nf( , excellent conditions over
the tedt. end rapid deteriora
tion will hare to begin to convince tlw
bearish element that we are m* going to
Alabama—The dny temperatures were uni
formly high. Fair weather prevailed during
the forepart of the week, the latter part
being accompanied with severe thunder.*
storms, nud heavy precipitation at scatter
ed points. Rnln In needed, howcv
some middle western nud southern
lira. i
Arkansas—The temperature was slightly
below the normal, and favorable. Light
to general showers occurred dally, the
rains lielng heavy on several dates In the
northeastern and northwestern counties.
Rnliifnll was below the normal lu
southern counties.
Georgia—The neat her was fair nud warm
most of the week. The temperature ranged
from 2 to 8 degrees above the normal. The
rains were light nud scattered,
ern districts receiving none. The total
rainfall was lielow normal In nil soeth
lioulslaiin—The temperature was nlmiit
normal In the northern |Mirflou and slightly
above In the southern portion. Showers
occurred nearly every day, but tile pro-
clpltatloii was below, the normal, except
In scattered localities. The sunshine was
slightly lielow normal.
Mississippi—The tom .
2 above the normal. The rnln fall was Ir-
regularly distributed, being heavy lu some
eastern and northern eoiuitlea, and deficient
lu the central and western counties. There
ns ample sunshine.
North Uarolliin—The weather has been
hot and sultry, with plenty of sunshine.
A feature of the week was the high mean
temperature, which was about 5 degrees
above the normal. The rainfall was some
what Mow the Unrmal, and not Well dis
tributed.
ok liilnmm and Indian Territory—The
weather an* emd, elomly and wet from the
6th to the lltli. The 12th and 13th were
warmer ami clear. The temperature aver
aged about 3 degrees lielow the normal.
The rainfall was heavy to oxeesslvo over
tile Whole section.
South t'a roll no—The temperature aver-
aged above the normal, two duya Mug ex
cessively hot. The precipitation was most
ly Mow the uoriunl. only small arena
receiving more than the normal. Tho last
two dny* were cloudy In localities, tho
rest of the week affording ample sun
shine.
Texas—Scattered light to heavy show
AT NEW ORLEANS.
1
S
1
Si
i-2
1
c
||
1
©
fo
S
!
mJt
|
V
l
fj
£C i
Aug
Hcpt. . . .
net
Nov. . . .
Dec, * , * .
Jflll
Feb
Mch. . . .
9.32
9.41
w
w
'9.93
h.tta
a. in
Ml
9.77
!>.M
9.99
M2
9.40
Uf
B
0.31
9.39
9.44
9.67
■jus*
9.79
9.90
9.31-35
9.41-42
9.67
9.64-06
6.69-70
9.16-79
9.SI-86
9.89-0)
9.34-39
9.41 46
9.A0-61
9.67-68
9.71-72
9.M-83
9.88-99
9.9697
AUg
Hept. . . .
Get
Nov
Dim-. ...
Jan
Feb.
Mcb
10.00
'9.61
9.66
9.66
9.72
9.86
10.03
9.70
9.66
9.72
9.79
‘o'.ot
9.98
•9.62
IS
9.72
’6!S6
0.98
■*y.ti
off*
0.67
9.74
9.'87
9.97
9.76-n
9.6466
!:2%
■m
9.89-90
io.oj i
'$>; s
9,78 80 {
9.93-91 ,
THE COFFEE MARKET.
era occurred lu all parts of the state. The
ire the normal In the north
‘ am m
rainfall was above
western, northern and most of the west
ern counties, and also In scattered counties
In the central and southweatern (Mirtlooa.
Klsewhere, the rainfall was Mow the nor
mal. A nnuiber of western, northwestern
and northern counties received over 4 Inches
of rain. The temperature was lielow
New York.* Aug. 14.—The eoffeo market
opened steady at unchanged prices to a
decline of 5 points, which was considered
very good showing on the cables, but
eaketied soon afterward, nml Ju the
afternoon wan about 6 to 10 liet lower under
a little ICuropean selling In the absence of
aggressive operations for the long account
Receipts continued liberal and there was
no change lu Brasilian news generally.—
Otbert fit Ulay.
Following was tlm opening range nnd
close lu the New York coffin* market to
day:
Opening
^ Range, rinse.
7.15-7,20 7.68-7. IS
7.29-7.8) 7,16-7.20
7.33
notes on Grain
Pointers on Provisions.
ears.
Haul
nt rt
po.OO) May com
■ratou received 1,_._
Milwaukee nud Uhlcago 946 cars. Ht.
and Minneapolis <99 cars, Ml**ls ‘-
.. „vor 2M ears. New York for export
ears, and Fort Arthur 66 ears.
The Missouri crop report, as wind by
Kras, of ToledtK makes the wheat crop
of the state 38,830.090 bushels. The August
report of the go
81,806.609 bushels.
Increoitwl offerings of uew wheat at Min
neapolls have caused a reduction In the
premium of new wheat to nrrlre to fte over
Hepteutlier. Tbs last previous sale was
at lftc over.
MliineoiHills grain men predict that this
week Will lu* The lust of Deremlwr raises
In the stocks there. For the first two
days of this week, wheat supplies at Mlw
uenitoll* decreased 408,090 bushels.
Tim export alt nation yesterday was de
cidedly discouraging. Bids received by the
‘netkl ex| *’ ‘ ‘
ts than
•lose of this nmrkei
from nliroml was not
Loenl Hour ineu sold that 'the export ...
qulry for floor was very poor, and that they
Private Wire to Albert A Clay.
Chicago, Aug. 14.—Lower cables sad
generally brilliant weather leave wheat
market still without any bull Incentive,
New corn crop futures seillug on a basis
that tve believe discounts favorable crop
»udl f Ions.
Wo continue friendly to oats.
Tho Record-Hern Id says: “Nobody ran
believe that the northwest Wheat
large one,” said Adojph Germ
corn aud SO, oof oafs,
ttfeswure si.ooo f
(hat section.
make
crop Is uot a
yesterd
ten dn„_ .....
Hales cash In
126.000 corn a u
Henlwuird sab
OiualM sold 3..
Wheat opened dull with a Heavy
Offering* were moderatu with a Util
Big by Hlaughter.
NORTHWEST CARS.
The following figures glvs tbs northwMt
nre today, last week and last ysari
. ysai
Mil
Vs*
113
W?}.
2
New York. Aug. 14.—A determined tfforf
o advance tlm market waa made today,
nit the attempt did not succeed as well na
night lie expected after so revere a dm
Knc. Brices advanced rather sharply, 7 or
K |Mtliits at one tiiue, only to have the *n-
**- recovery lost, and early afternoon
i lower than last night’s rbadiig nil
ihe line. The fnct of the matter
there accrued to be alt
«le. nnd prate .
the market up took largo
t tempted to i
i* unit
u* do)
year have now prevent*
K
a sea
l'd all
that It wilt require an unusual rnk...
Itr of some kind to prevent, nu enormous
yield. Aa we stated yesterday, about the
only Iniproreiuent In thu market that can
January.. ,, ,,
February., ..
March
April
May
June ..
July
August
Hcptcinher
Oetolier
November,. ..
Imeember.. ..
Closed easy.
, . ,7.38-7.46
.,..7.45 7.60
, ,.7.50-7.85
. .7.00
. ..AIM 7.00
7.20-7.:
tS-lM
7.35 7.40
7.40-7.45
ficletil. but Ju scattered territories ...
moisture la needed, tsicnl showers were
more fretinent In the western ami central
countb-s thuu Iii the eastern counties.
SOUTHERN EXCHANGE
Oldait Established Office South.
conoa-—stocks—bohos—obaih
around Floor Onuld Jlulldln*. Dally
mnrket letter nnd mark.t manunl
mulled on ap|>llcntlon.
LJ. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, GRAIN
Correspondent's Capital $250,000
RKTCRENCe. THE NEAL. BANK
PHONE I-SIT. PRUDENTIAL BLOC
HUBBARD BROS & CO., MERCHANTS
Atlanta Office*. 219-221 Century Building.
Member* New York Cotton Exchange, New Or
lean* Cotton Exchange, Liverpool Cotton A**0‘
elation, Chicago Board of Trade, New York Cof
fee Exchange, New York Produce Exchange.
Buiine*, solicited for the above exchange*.
Direct wire service. Correspondence invited.
Phones 454, I-ong Distance 39. A.S. Hu»tace. Mgr.
WARE & LELANO
COTTON, GKASN, PROVISIONS, STOCKS, BONDS,
(*.ii
In Tart Can.. ItehtMt.
& ,« Crlt... C.ttt. [itti-Si-
am.! Can.)
(•. I ari/i si., rmn iaiuiH. an,.it. c•
ChUt jo Bo frit $f Tridt.
<ffO
erooo! Cottff attotianoo. fork Cs'fee i.
hit tie Wlrtt to Hop tori, Hiw Orli—t. Chietjo. B. C COJHHAV
Mn«. i«j. 'Yi
New Orleans, Aug. 11—Liverpool seemed
t«» retrnet the prevloiia day's policy and
ruled steady during the resalou, nptlouii
fluking 6 iMilntrt higher, while In spots 1.009
bn lei were sold nt 8 points lower. Cable
advices were cnmtNiraflvely scares.
Indicated Hie receipt «»f less favorable
news. Iluslneas was ou a smaller senle
tfMlay, tin* trade expectant of a further
WHEAT OPENED
DULL JOE
Duo to Lower Cables
Generally Favorabl
Weather Conditions.
CASH HOUSES SELLERS
Commission Houses Sold
Freely—Prices at Close
a Full Cetit Lower.
By Brivsts Leased Wire.
t<> >«’ lower.
j .jlftff for
_ »r. oats ftc up
HP . r4ivlil«uis iwtHOc lower.
iTjit* wcakniMia In wheat affected the other
grain markets and the 4-losliiga were tart
4Ui the wind*. The bulls
lt«» nbnorb
were not willing
to nbnorb tho offerings, while the bens
threw the horn of plenty wide open sod
prices suffered.
are Is now In all nortlons
!«0 bushels of wncsr, <•}
iris sre of contract grade,
rive scattered longs out
rriimuy’receipts of wheat 500,000 hush-is
KkrSaWSi dft
y**r «*H,
<'lH*nn«* for th. *„k M,M) buhol*
hMlj, 117.00* ha.b.i* rnrn an.1 no »it<
I mo wlc* h*ru 10 ln*<la whMt for ■
port a,000 liusbel* cor* anil »>,(.") Ira.h-I,
uatx
OHICAOO GRAIN MARKET.
for Inlajr
WHEAT—
SS*:::;; U*
7,, ‘
8*
m
f
kb a a a a
■ a a a a
Hept... 17.07ft 17.16 16.80
1,93
l».r Sis'* f*
5:8
7.WH
*.M
1:8
LIVERPOOL GRAIN MARKET.
18
T.4SH
uncUanawll at 1:30
I. 54** luurr; rlure.1 tiG5r- lupr.
L'oru—()p,UNl uiitlinii*^!; at 1:30 |*.
was untbaufud, and rl<»<it uucban(Ml lu
if a furlhar re-
Him, miinreiilly wHI nmt,nt to- await
il-rrliipm,ut* of a ra«r* iiruncUnoM rhar-
tuftin' rrlnclu* any niarkrd dmdr*
A* If la, lha avaatnua
‘ tormlri. nml*l-
I are not
to .hi the market.
lu hut n few tamntlMi wnll, th, l*l*nr, uf
Hi, I mil w** vlallwl by o,ra*ion*l r»ln*i
wliiply *rnlt,r,il and nnrrally JimMrtel.
Ilnilauhlwtlr *mu, dim**, Im* Ihwu
wrouxht In T,«** Ihrmiirii Ih, raraar. nf
Inrei'l* *ml inure iwprelailjr th* w***n. but
lb, four of ilamnx, lifl* fn *11 prnbafillltjr
w,f|Hil th, IniMlnaliun of i.h**rr*r» Into
iiiuirnlryfiiar lha tru, rundltloliX S.rrrth..
I,**, *« bin* a* th,*, tear, ,ilat, and
whi'th,r th,» are real nr Imaalnar,. nukM
bin Hill, ilfff,r*nr»; II I* bardljr «prel*d
■ ■ walreb,** will b* re-
,uh,rli*nd.«r«-
ndoubted-
sorted to, while, bn tl
r ^BlIwtlmi of stich sdrli
PRIMARY MOVEMENT.
The following figures show the prlmar,
movement of wheat and corn:
Wheat—Receipts toAay 8*),MO hu»h-i*
Against 768,000 hushela last year. Hlilji
mcntH today 608,000 bushels, against 3*.,
000 biishcls last year,
rtKh—Ueeeluta today 886.000
against 490,ouu bushels last year, nn
t oday &26.UOO bushels, against 720,000
ist year.
bushels.
'esssu
COTTON OIL MARKET.
New York, A«r. 14.—The market f
cotffin seed oil steady. Near posltlo
showed practically no change, end we
firmly held, with some stocks and on ><
sence of pressure. The Weakness lu <•«
ton Influenced sentiment to waaoo estt>
and on the distant deliveries leads to d
ifiursg* buying, although seller* nre n
nggressire, nn«l appear to he waiting t
evidence of free offerings of new crop *»
Tho market nt the close was quiet wl
values Uc higher to fte lower. The xul
reifortcfi were iff) barrels or A
88ftc and 600 Heptember at 87fte.-
*
Opening.
August.. I, •• .**.38 Y/MVjl > 5f3«%
aBSteL*’.
Noremher
%3’kS4r."
Joseph A. McCord, Oaabler. t
Frank Ifawklns, PresIdsnL
ThoinssjC. Erwin* Asst. Cashier,
ft. V\'. Uyera, Aaat. Caatler.
Third National Bank
Capital
Surplus
$200*000.00.
$300*000.00.
f>r. A. tV. Calbmin.
Milton I'nrcnn.
Jobo W. <ir*ut.
II. V. McCord.
(T
ATLANTA NATIONAL BANK
ATLANTA, GA.
C. E. CURRIER, PreildtnL . A. E. THORNTON, VIca-PrsaidanL
H. T. INMAN, Vlc«-Pr**ldent. OEO. R. OONOVAN, Caihler.
JAMES 8. FLOYD, An’t Caihler.
Capital $500,000,00
Surplus and Undivided Profits $500,000.00
We Solicit Your Patronage.
MADD0X-RUCKER BANKING CO.
CAPITAL $200,000.00
SURPLUS AND PROFITS .... $500,000.00
ACCOUNTS INVITED
Wc Invite accounts of indlviduabi, corjionitions. bank'
and bnnkere and offer the best terms iMnsisimt «itli
conservative banking.
In our Savings Department we allow Interest at the Rate ot 3 1-2 per
cent. Compounded Semi-Annually.
■jwifmpmm