The Atlanta Georgian. (Atlanta, GA.) 1906-1907, August 14, 1906, Image 11

Below is the OCR text representation for this newspapers page.

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