Newspaper Page Text
THE ATLANTA CKOKUfAN.
1l
JOSEPH B.uvhlt[ the GEORGIAN’S RECORD OF MARKETS AND FINANCE
Xew York Market at the
Opening'Showed a Slight
Decline.
market ROSE LATER
On Good Supporting Orders,
Some of Which Were for
■ Outside Account.
Bj Prlreta Lea»ed Wire.
Sew York. Am;. 11—The undertone __
the cotton market at the outlet today
wee •urprietUKly eteaffy in view of the
nnor reblM. There eeeined to be food
•unportfnf ordera In the market, eoei
-hlch were for ontehle account Tin. .
,-re quickly aheorbed, and with-
itnntre the loae had been fully
and the market waa eellln* even
with laat utfkt'a cloae.
Liverpool did not fully respond to the
better fetllnc In the New lork market*
Spot* were I points lower on aale* of 5,-
too bnlea.
Sew York opened about ae due on Liver-
poor* ahowlnf. hut the undertone waa In
fiver of a reaction and on amno food
boylnf prlcea at midday were allfhtly diet-
ter than at the
It Is reported that lrb
buyer, while Jlcl'addcn w I
eelllnf freely. Mitchell was flao
beaw seller of December.
Crop reports are etlll tho main rnctor
In ahaplnf the course of prices, and the
market responds airily to newa of an un
favorable nature, to which ran he attrib
uted the early advance this mornnlf, as re
ports complain of boll weevil ana heavy
rains In Texas this morulas.
The New York Commercial aaya:
"Of all months, Aurust Is the moat crit
ical In the life of the cotton plant, the
condition of the crop bavins Improved hut
once during the current month for a score
almost ropeatlUK the performance on
SPOT COTTON MARKET.
1 irrik, I|i|in III 1V.1W-.
New Orleans. firm nt 10141c.
Llver|*ool, quiet nt 6.G5d.
August*, quiet nt 10Hc.
fit. Iaouls. quiet nt l'H4«*.
Savannah. quiet nt 10ll>16c.
charleston. nominal. •
Memphis, quiet rtt I0»4c.
Baltimore, nominal «t 10He„
Galveston, nomlnnl.
Boston, quiet nt 10.03c.
Norfolk, quiet nt lOfte.
Mobile, dull at 9%r.
LIVERPOOu^COTTolv "MARKET.
I.lrerpool, Aug. 14, 12:15 p. ni.—Cotton,
■pot quiet, with price* earner: middling tin*
und* 5.<3«1; sale* 6,0)0: American 4.800:
■peculation nikI export 600; receipt* 2,000;
American 1,090. -
Future* opeued steady.
(*|mmiIii£ . Previous
ltnuff;*. Clime. Clw.
August 5.W..T) 6.»-5.T» 5.S6-3.37
August-Hcpt. . . .5.36-5.35 6.35-6.26 *'*.22
dept.-Oct 6.23 K») 6.2041.27
Oct.-Nov 8.23-5.23 5.23 5.21-6.23
November-Dee. . .5.20-8.28 6.23 5.24 3.25
Her.-Jan 6..TV8.2U 5.29-5.33 5.25
Jan.-Fob 5.D-&29 5.31 6.26
Fel».-March 6.32 _ 5.33 6.21
March-Aprll 6.34-6.35 6.36 6.*J
April Mny. . . .' .6*35-6.34 6.36 5.31
NEWS AND GOSSIP
Of the Fleecy Staple.
»^ew a ora. Alig. 24.—Liverpool at 12:39
Bpea'sSfioSff. 4 d ° WD * 1>UG * b ° Ul 5 UP *
cable*: "Market dull; advance
checked hr some of yesterday’* cotton still
In market."
Jj*t« trnyer* yesterday continue baying
a consumption^next yaar ofil,ouo,ono > ba£l
of ftt kluda of cotton. He slao said cron
of 12.000.000 bale* of American waa needed
to prevent scarcity. Under auch clrcuni*
stance*, be stated he felt confident of much
higher prices for cotton In tha not distant
future. Tbla looks like a sound argument
at the present Jcr*l.“ »
Carpenter Baggot & Co. aaya: "We
would not favor extreme bearish view* In
~ “ that any t»ad weather to
i——— ——lent, or Increased deterio
ration reports might bring aliout at any
tlm* a sadden upward more."
The Journal of Commerce aaya: ‘Tha
market opcued firm. There waa less rush
to buy than on aome day* last week, but
the general demand was large, especially
In Jobbing booses. The mails brought many
ordera to commission houses, and jobbers
who made Initial purchases thirty daya
“— —-* who are now desirous of taking
allotment of goods they did not
care for In the early part of July." /
Norton and Wilson selling.
Wiggins iNUight 12,000 December at 9.70,
and Is still buying.
New Orleans. Aug. 11—Our traveling rep
resentatlve wires: "Troy. Oxark. Dothan,
Ala., good crops. Chattahoochee river,
iUInhrldce* Ga., to Thomnsvllle. Ga., late,
but fruiting welt Reports of dnmage ex
aggerated or else crop shows wonderful
Improvement In past two week*."
E THE RUL
Price Movements During
the First Hour Were
Irregular.
THE SHORTS COVERING
There Was Little Commis
sion Business-—London
Moderate Buyer.
Looks like some Mg shorts
trying to cover. Not much suap. Would
aril market on any further rally.
Map again show* general rnltis over
eastern and central portions of belt, and
light scattered showers In Texas.
The failure of the foreign market to re
spond to our advance caused a lower open
ing. Market now steady, and with some
shorts covering on farther rains over the
belt
Private Wire to Ware Jfc Iceland.
New York, Aug. 14.—Liverpool future*
opened quiet 4 up on uear and 5 up on
late. At 12:15 p. in., 2 tp 3 up and quiet;
sales 6,000; spots 3 dowu at 6.65. Futures
due about 4 to 6 up. '
Not much to New York market this
morning. Commission houses bought
aldernble cotton. Market acta n bit
sold to us. Think Mr. Price la committed
to the bear side, beside* which there Is
S large scattered short Interest In the
market here, and for the present would
rather bay cotton on breaks.
Cotton market opened Just a a expected or
Liverpool cable*. Commission houses buy
er*. Wiggins mid Howard WUhoii took
blocks of October and December. Market
looks a* thought It waa In an oversold
state. It was not cnay to buy cotton yes
terday, and this morning, a* heretofore.
Until considerable short* ltavo covered,
would rather buy cotton on weak spots.
Short side entirely too prouilneut at mo-
New Orleans. Aug. 14.—Liverpool was due
4Jf4'A Up OH New Orlenus. awl 4ttf?5V4 up on
New York, and Is, therefore, uot quits
up to expectation*.
The weather map show* a great deal
of min over the cotton belt, in soma
localities, the rainfall is heavy.
Receipts of new cotton to date 16,840 nt
Houston.
Receipts nt New Orleans 369. 1 new bale.
Hutton. New York, wires: "Yon can
•II rottou at thcae prices. No rally to
uirket. Will issue Ol!^’ report at noon
NetTatoek of cotton here la 14,530 bale*,
against 51.163 last year. Amount of cotton
on shiplHNird Is 17,403 bales, against 16,31*
last year.
THE WEATHER,
TODAY’S PORT RECEIPT8.
The following table shows receipts at tha
G irts today, compared with tbs ssma day
st year:
New Orleans ..
Galveston ...
Mobile
Harnnnnh ..
Charleston .. ,,
Wilmington ...
Norfolk
Boston ...
LOCAL FORECAST.
WEATHER IN COTTON BELT.
By Private Leaaed Wire.
New York, Aufr. H.—Both In London
and In the early dealing* her., the
movement of American aharea was ex
tremely Irregular. The good feeling
occasioned by yesterday's gold Import
announcement waa not wholly lout, nor
were there any developments- In the
money situation today to warrant
lees cheerful view being taken In epee
ulatlve quarters. Sterling exchange
hung cloae to yesterday's low level, and
the cash gain of banka 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 gone ahead too rapidly. This
apparently was the feeling among the
majority of active traders this morn
ing, and It was encouraged by nfgns of
large realising sales In Southern Pa
cific, Union 1’acini', 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 speclaltle* were
bid up again, and many of the regular
list which have had leas rise than the
leaders held firmly
prices.
lu the stock msrket meat atocka nil
vnneed nt the o|H-nlnx, Union I'm-lfle mol
■ 'eniisylvsnln Raining Htirair H, Missouri
Partite S and ltesinng. Kmeltlnx and t'oto-
rado Kin-1 H. ('nnadfnn I'acffle atnrted In
a little lower, tlna ntid Northwestern de
clined !, nnd St. Paul H.
Price movements *
were irregular, nlthi
vored the hull side.
n great deni of (-overlnx lu the orally
nlpulnted atocka, and they thought, >
aouiu were ndvaneed on orders, long stuck
slsmt 15,000 shore*.
ikirrruuieuts uuchanfod.
steady.
LONDON 8TOCK MARKET.
BTOfK-
INTERIOR MOVEMENT.
The following tattle shows receipts st the
Interior towns today, compared with ths
Mine day last year;
Memphis ...
Nt, I-tula ...
Cincinnati ...
NEWS FROM COTTON CROP.
New orlenus. Aug. 14.-A reliable Entaw
lAln.t correspondent wire*: "Crop prw-
peeta lots favorable: retton shedding budly
nn 'l not fruiting well. Worm* will do
lunch damage* which la-aerioua. Conillflos
fully Jrt |ht cent off psat ten days.
A 'llsimteb from Whnrtoo. Tea., aaya:
It of prominent Wharton , county
farmers were In town tmbiy and report
that they have had too much rein. Bell
weevil* ore heroin'
''"hie considerable
•li-MIng badly."
,. L-'khorl. (laid
I he light ralna or me uam in. w.
have not Interfered materially with rottou
i rking ami the staple Is coming In from
all .llreetlone. The town la full of cotton
onrer* and good prices ere offered."
, , THE 8UQAR MARKET.
I'rlvste Lrearff Wire.
New York, Aog. H.—Loral rpffo.d and
raw sugar atrsdy and nnehnngfd.. London
*—•» up Mi Anguat. 5a; Septemlier, 110M-
"i. t rirnte Leaaed Wire.
.New York. Ang. It-TIn developed eon-
'Merahlo strength In apot, owing to a
w;rclty of tkat commodify. Sererel trana-
jetlona were made at an advsnee of
*"d the price eloeed et the best.
' nprer mini flnu. hot unchanged.
Lead end spelter were neglected.
Texas—Trier, clear and hot. Hnn An-
inula, partly eluudy and warm. Houston,
pertly cloudy niul pleasant. Dallas, clear
iiml pleasant.
NpeclnI Tcm* ltnlnfnll—Beevllle, Itren-
hnni. linlreslou. Huntsville. Taylor, trare;
t'orsh-nua, .JO; Ft. Worth, .35; Ifonstou. .04:
Krrrvllle, .10; Mella, Naeogiloehe*. ,H;
Palestine, ,0J; Wninbsehle, .50; Weather
ford. .15; Wharton. .01.
Mlsaliudppl-Mrridbiu. rlear nnd warm:
very hard rnlu yeaterday; ralnfnll 1..5
Inches. Ysaoo City, Jackson mid hatches,
elriir and warm, llasleliurst nnd llniok-
hnven. clear nud hot. Hreenwood, clear
""AlnWwurwBpellkn. partly cloudy nnd root
Montgomery, eloody and threatening; very
hard rnlu yeaterday. Troy, portly cloudy
id pleasant. Helms, cloudy nud hot. Blr-
Ingiiain. cloudy und cool; hard rain yea-
rday. Mobile, portly cloudy and warm.
Huntsville, cloud/, thmitenlng nml cool:
Slow rnln yeaterday. Decatur, eloudy nnd
rnlidug. ,
(leorgla-Columhas, cloudy. sm| warm;
rnln ycstenlny afternoon. Macon, cloudy
nnd hot; light rain last night. Americas,
.-loudv nud warm; rnln last night. Allmuy,
partly cloudy and warm; heave showei
^ Tenneasee—Naahvllle. eloudy and plena-
ant; aprluklisl lnat night.
Loulalnun—Hhreveport, clear nnd hot.
WEATHER llTwHEAT BELT.
showers st Wllliston, — —
Writ nnd Routhwest—Oeuerslly clear; B
Ohio Valley—Clondy; « to 74 above; local
Anncouita
Atchison
Cniisdltn Pnelflc
Chic., Mil. aud Ht. Paul
Erie
Illinois Central
leiulavllle nud Nashville.. ..
Heading.. .. 4
Pennsylvania ,, ,, ..
Hontlicrll I'ncifle
I'nlon Pnelflc
United mates Hteel
do. preferred
COTTON REGION BULLETIN.
mcrldhm time, Augnat
XTATI0N5 OF
WEATHER CONDITIONS.
Unsettled <-auditions preilomlnste and
showers hare oeenrred over ths states sontli
of the Ohio and In iiortlona of the smith
west. Hbnwers hsv- oeenrred at seat-
tered stations lu the .mirtbeni district*
of the Itoeklea slao The following ate
Ilona report one lu<4 or more of rein In
the laat ii hour*: klerldlsm IK; Btra ng
hsm. 2^; Nrwuan. Ga.. 2.W; Tolaf,
M? Montlrello. LOT: tlriffln. 1.06: Thonias-
vllle, 1.74: Omni water. Ala., 1.55, and New
port. Ark.. 1.54 Inches.
The pressure has decreased at all sta
tion* swat of the Itoeklea. The moat de
rided change* have occurred In New Eng
land nnd New lork.
IJttle or no change In temperature his
occurred except nt a few scattered, sta-
"The conditions continue favor*Me for lo
ci shower, tonight J^gKte.
Bectlos Director.
WEATHER FORECAST.
Georgia. East Florida. Alabama and Vla-
ataalppt—Loci ralna and warmer Tuesday
and Wcfnesda/L "ah' variable winds.
lamtslana and Eastern Texas-Fair Tues
day and Wednesday; wanner In the interior
Tuesday; light south winds.
T wS5«n Florida—Local rein. Tnmsl.y
<U &a’KSr. r ItfffiiWd,.-
saa—Fair and warmer Tuesday; Wednes
day fair and cooler.
GIBERT & CLAY
14 r. ALABAMA ST.
ATOCKA. BONDS,
COTTON. CHAIN,
COFFEE. PSOVI SION A
ATLANTA, 04
•Atlnnt*. cloud? .7
•c'bntfnnoogs, rsln
Columbus, rbmdy
Osltipsvlllp, rlouiljr
GVoeurllb*. eloadr ..
Griffin, cloudy ......
*Mscon, cloudy
Monticollo, cloudy ..
Nrwiisn. clowly
fRomo, cloudy
Hnnrtsnliurtf, rloody ,
Tsllii|HNisn. cloudy .
Torcoa. cloudy
West Uolnf. dowdy
A
RANGE OF NEW YORK STOCK MARKET
Amsljrniuntcd Coiiiht
Amcrlcsu Suysr Hcflnluf
Atlantic Coast I*lno
Anaconda
America n l^cnwCly#
American 1 VimTii nf’iVcfliiinf.’!!!!!!!!!!!.'! .*) .*
Atchi»ou
do, preferred
American Cotton Oil
Baltimore sod Ohio
Brooklyn Rapid Transit
('susdlsn Barite.
Chicsfo and Northwestern
Chesapeake Slid Ohio
Colorado Pud sad Iron
Central Leather
do. preferred
chlrako aud Great Western
Cblcajfo, Milwaukee and Ht. Faul... ,
Delaware and Hudson
Distiller's Hermit lea
do, * p ww^v.v.v.v.v.v.v.v.v.v. * v::v:.v:*.v:::
General Kleetrie
Illinois Centml
Anierlenn Itv H«>euiitle*
Louisville nnd Na*hvUlo
Mexican Coutrnl
Missouri Pacific
New York. Ontario and Western
National I,ead N
Northern Pacific
New York Central
Norfolk and Western
Pennsylvania
People’s Gas
Pressed Hteel Car -
do, preferred....#.
Pacific Mall
Rending
Republic Steel *
Rock Island
do. preferred... *
United States Rubber
do, preferred
Southern Pneiflo
Southern ltallwnj
do. preferred
Bios*Sheffield *
Tennessee Coal nnd Iron
Texas nml Pacific
Union Pacific
United States Mieel
do. preferred
Vlralnla-Csrollns Chemical
do, preferred *.
Western Union
Will midi
do, preferred..
Wlscounln Central
do, preferred......................
Total stock aalea today fii»i.2uo shares.
RANGE OF THE COTTON MARKET
AT NEW YORK.
I
s
B
i
Ii
!
i
S
a
i
II
J
U
Aug
Hcpt. . . .
4M. . . . .
Nov. . . .
Dec
Jau
•>h
Mch. . . .
9.32
9.41
M
til
9M
$.39
$.49
•niTi
Ml
'$:»
9.32
9.4*1
».b7
M7
9.77
9.39
9.44
9.67
*9fi9
9.79
9.31-81
9.4141
9.64-66
fi.tO-70
•as
9.89-90
9.34-39
9.44-46
9.60-61
9.6748
9.71-7!
9.81-82
in i [
9.06 97
JStv::
Oct
Nor
Dim-
Jail
Fell
Mrh
10.00
9.63
•-••ii
9.65
9.72
9 M
10.00
*o!?o
9.66
9.72
9.79
9.98
sin:
9.t«
9.61
9.72
9!»
9.W
:».»/.
9.67
9.74
*M7
9.97
9.75-77
9.64-66
9.6648
9,67-68
9.74-95
9.79-82
9.W-90
10.01
9.77- 79
9.6d .•
9.67-\i
9.68's
9.75-
9.78- 80
0.95-91
Closed steady.
Closed steady.
AT NEW ORLEANS.
» Minimum temperaturrs are for the 12-
nour |H>rl»d ending at 8 n.tu. this date.
£ Received late (wlro trouble); not Includ
ed In average*.
IlKAVY RAINFALLS.
• Newnnn, Ga 2.0)
Wqat Point, On. ... 1.82
I'amak, Ga 1.70
Meridian. MIm 3.92
ThoinnsrUle. Ala 1.74
Good water, Ala 1.58
Newport. Ark 1.84
GOVERNMENT WEEKLY
REPORT ON WEATHER
AtOTiuimn—The day temperature* were uni
formly high. Fair weather prevailed during
the forepart of thu week, the latter part
Ining oerouipnnled with severe thunder
storms, and heavy precipitation nt nentter-
ed points. Rnln Is m*eded, however, In
*4»me middle western am! southern coun
ties.
Arks if saa—The teiu|iernture wns slightly
lielow the iiormnl, and favorable. Light
to general shower* occurred dally, the
rnln* l»eln« heavy ou *eversl dates In the
northeastern mid northwr»tern counties.
Rainfall was Mow the uoruinl lu some
Nouthern counties ,
Georgia—The weather wna fair and warm
moat of the week. The temperature ranged
from 2 to 3 degree* nlmve the norunil. The
rains were light and scattered, some east
ern districts receiving none. The total
ralnfnll was Mow uonusl In all sections.
fsoulilaiia—'The temperature was ntmut
norii."! In the northern portion and slightly
uliove lu the nouthern portion. Shower*
occurred nearly every «isy, tint the pre-
Hpltntlon wns lielow the normal, except
In Mcnttcrcd locnlltle*. Thu suuabliiu was
slightly lielow normal.
Ml**l*«lppl—The temperature was about
3 almre the normal The rainfall was Ir
regularly distributed. Iielug heavy III soiue
Vastern nnd northern counties, and deficient
In the central nnd western counties. There
was ntuple sunshine.
North Carolina—The weather has been
hot nnd sultry, with plenty of Nunshliie.
A feature of the week waa the high mean
temperature, which w*aa about 6 degree*
above the normal. The rainfall was some
what lielow the normal, and not well dis
tributed.
Oklahoma aud Indian Territory—The
weather waa cool, cloudy and wet from the
6th to the lltli. The 12th and 1.7th were
warmer and dear. The .temperature aver
aged nlMiiit 3 degree* lielow the normal.
The rainfall wns heavy to exresalve over
the whole section,
Atlanta ..
Augusta .
Charleston
Galveston
Little Uock
Mfjtjjdd* a # a a ..
Montgomery ” !! !!
New Orleans .. ..
Oklahoma
Savannah
Vicksburg .. .. ..
Wilmington .. .. ..
T Indicate* Imj
rainfall.
iMppredahl*
REMARKS.
The temperature remains practically sta-
tlouarv over the greater portion of the halt.
Hf|n has fallen In all districts except In
Oklahoma. Heavy rains tov* occurred lu
Georgia, Mississippi, Alabama aud Arkan
sas.
J. h. MARRURY.
Bcctkm Director.
L. J. ANDERSON A C0.*8
DAILY COTTON LETTER
erpool our man
thla moraine, but strengthened s/ter the
first fSw minutes mm covering by aborts
»M burtag for latereota who think n re-
• Is now due. Alsu aome uneasiness
Nt on account of the continuance of
» over the Mt, aopeclaUy In Texas,
■e ctHuplalnts are beglanfug to tw more
numerous as to too much moisture aud
activity among the Ml weevil. The trade,
however,) Is •till optimistic as to a Mg
yield aud ara ouly Inclined to support
price* temporarily for n readluu aud a
lietter selling1*1*. It will take aaufe more
pronounced Indication of damage to the
growing crop to change the temper ot
things to any great degree. Jem now the
reports Indicate exeetleut eondltkma over
the most «f the Mt. cm I rapid deteriors-
flon wfll have to begin to cuuvfuce the
bearish element that we are net going to
have a verv targe yield. \
; >>w York Stock
gas??©: i
FwiSi Coffee KxcbaDgeJ»Tr Orlesua Bo«f*l of 7raae.|GiJveatou Cotton I.xchnngw
Private Wire* to nil Exchanges.
tacAl and Lang DlaUnaa Telaphont 5298. W. R. FAGAN, Manser.
aginl alnive tho normal, tw<
ccsslvcly hot. The precipitation was most
ly lielow the normal, only small sr«*ns
receiving more Uian the normal. The last
two days were cloudy In localities, the
rest of the week affording ample suu-
shine.
Texas—Scattered light to heavy show
ers occurred In all parts of the state. The
ralnfnll was above the normal In the north
western, northern and most of the west
ern counties, and also In scattered rountles
In the central and southwestern iiortlons.
Rise where, the rainfall was Mow the nor
mal. A number of western, northwestern
nnd northern counties received over 4 Inches
of rain. The temperature waa lielow nor
mal In the northwestern and western po
tions, and normal or sllfbtfy shore the
THE COFFEE MARKET.
New York. Afg. 14.—The coffee market
cpencil steady nt unchanged prices to a
decline of 6 (mints, which wns considered
ii very good showing on tho cables, but
kened anon afterward, and III the early
4lll*ert A liny.
Following w»
close In tua Naw York coffee oiari
day:
Opening
Range. Pina*.
January 7.16-7.30 7.06 7.16
Fehrnnry 7.30-7.31
March 7.3)
Abril 7.35 7.45
May 7.45-7.80
June 7.60 7.15
July 7.60
August 6.99-7.00
SepteiulH*r 6.15
Octolier .. ..7.00
Novctnlier.. 7.09-7.10
December ....7.10-7.15
Closed easy.
NOTES ON GRAIN
Polnteri on Fitnrlalong.
epteiuimr. Tha last previous aale arms
Private Wire to Ware A Leland.
Wrvnii has sold most of tha corn this
morning. Bo little trade. It goes easy,
P. F. A C. have taken most ths Hepteiu-
a?46V ri “g ^ U-t lN>u<bt < ‘ wr#
uf the 6.000 cars of wheat sbli
of Ksurns City August 1 to August ...
veston recelvetl 1.3W cur*. New Orleans Mi
rank Milwaukee uud Chicago Ml cars. St,
Paul and Minneapolis 4» cars. Mlaaiaslp
bl rtvar 286 cart. New York for export
ear*, and Port Arthur 66 can.
The Missouri crop report, as wired by
Kins, of Toledo, makes the wheat crop
of the state m.HO.000 bushels. The AuailHt
report of the smernmeut made the crop
31.Xft.C0i bushels.
Imreule«l offerings of new wheat at Min
nea|>ollq have caused n reiluetlon In the
K irinimii of new wheat to arrive to 4|* over
sptemlier.
at me over.
MtnneapolL
week will l*e the laat of Det'emlHT mil
lu the sttveks then*. For the first tw«
daya of this week, wheat supplies at Ml*
‘-'la ilerrasovil 4QO.OUO bushels.
... exiHirt situation yesterday waa de
cidedly dliM'ourngliiff. Illda recelreil by the
local exporting Jmuses were at hwrer lim
its than on Saturday, despite ths higher
of this market. The poor demand
abroad waa not confined to wheat.
Hour men said that the ax
qulry for flour was very poor, and tl
were nimble to place anything In foreign
markets.
Private Wirt to Glbert k Clay.
Chicago, Aug. 14.—Lower rabies and
generally brilliant weather leave wheaf
market etlll without any hull Incentive.
New c-orti crop fiifures selling on a bawls
that we lielieva discount* favorable crop
mdll Iona.
We continue friendly to oats.
The Record-Herald aaya: "Nobody can
make me believe that the northwest wheat
•roii Is not a large «uo," said Adolph Gerst
resterday who had Juat returned fn
:en daya’ trip through that section.
Hales cash In Chicago wer# 116,080 w
126,000 corn and 80,000 oats.
SenlHtard an lea were 61.000 for axporL
Omaha sold 60.000 hanl wheat for export
Wheat opened dull with a heavy tone,
ffrring* were moderate with a lltfle
lug hy Slaughter.
NOFITHWE8T CAR8x
i wheat.
buy-
mml elsewhere. Loss rain and more sun
shine needed lu ninny counties.
Tenueasro— 1 Temperature wna slightly
alnive itoriunl. Rainfall waa generally suf
ficient. hut In scattered territories more
moisture Is needed. Local sliowera were
more freoaent lu the *
counties
SOUTHERN JXCHANGE
Oldest Kstabllshed Office flouth.
CO non Slows BONOS GRAIN
Oround Floor Oould Building. Daily
rnnrkit tattrr nnd murtt-t manual
mallrd on appllrotlon.*
L. J. ANDERSON & CO
Bankers and Brokers,
COHON, STOCKS, GRAIN
Correspondent's Capital $250,000
REFERENCE. THE NEAL BANK
PHONE I4IT. PRUDENTIAL BLOC
HUBBARD BROS & CO.
COTTON
MERCHANTS
Atlanta Offices, 219-221 Century HuiMing.
Members New York Cotton Egchange, New Or*
leans Cotton Exchange, Liverpool Cotton Asso
ciation, Chicago Board of Trade, New York Cof
fee Exchange, New York Produce Exchange.
Business solicited for the above exchanges.
Direct wire service. Correspondence Invited.
Phones 454, Long Distance 39. A.S. Hustace. Mgr.
ear* today, last week aud last yaar:
U*t Last
Today. Weak. Year.
Minneapolis ...... ill 113
Duluth 44 61
WARE A LELANCP8”
DAILY COTTON LETTER,
New York, Aug. 14.—A determined effort
— iY the market wna mado f
ttempt did not su<*<*eod ns w
expected after so severe
' 5 1 ~“1her ■-—*-■
_ ! ■ to h
tire recovery lost, and early
pricea lower than last night's closing all
long the line. The fact of the matter
..** there seemed to he « *
much cotton for aale, and nml
iitteiiiptcil to run the market up took large
Id Mia of cotton around 9.71c ft»r December
that they were unable to find a market
Inter on In the day. Heimrta from tb«
South continue to show favorable crop
progress with the only possible complaint of*
a little too muth moisture In cerfsln see
tlous. Hut frequent showers at thla sea
aou of the year have now prevented aL
piiFsIhlllty of drought for sevaral weeks
to come nr.d tho crop Is so far advanced
now that It will requlrr an nuuinal eatain-
only Improvement In the market that enu
In* expected la a rally from thus to time,
on which cotton enn tie bought back at a
profit.
GIBERT A CLAY’S
DAILY COTTON LETTER.
New Orleana, .Aug. 11—Liverpool seemed
to retract the previous dsy’s policy and
ruled steady during the aeaaton, options
closing 6 |Miln»a higher, while In spots 6,onu
bales were Sold at 9 points lower. Cabin
advices were comparatively^ scare*, hut
Indies ted the receipt of l*sa fkvorahle crap
news. Iluslne** waa on a smaller scale
tiMlny, the trade expectant of a further re-
action, apparently well content to uwnlt
developments of a more pronounced rhar-
oi ler l»efora evlnrlng any marked deslra
to old the market. Aa It Is. the numerous
advices of damage through excessive in
ure fall far short id conviction nnd or* .
entirely iHirue out by the government a
weekly weather reimrt. In which Texas
alone complains of InsuffUient agaahloe.
and even tbla unfavoraldeneaa la ronflort
to Imt n few counties, while the Imbutce of
the belt was Vtalted hy neeaslonnl rains,
“dy scattered and generally MiefiefaL
oubtailly some ajmisge has baen
. . light lu Tax** Ibrougli the ravage* of
,-kmI lb. ImNifnatlon nt oh*»r»»r* lulu
ningnlr.lux III. tre* ruoflllloa*. F.—flh.-
I—m, M lung u Ih*--' f•■*t* .list, «U'I
wb-tbur tb-r if. nil or Iroiflurr. m«k,«
hut little ilfff-r.ni-: It la b,rillr -ipretiff
that lirertah *ur-**lr<-ii-u will b. re-
•A lo, while, on llii- otb-r hnn<t. a r*-
allmi of *urb affrlrea nw umloubtaff-
ly mult In low.r prira In-la.
WHEAT OPENED
DULL AND HEAVY
Duo to Lower Cables nud
Generally Favorable
Weather Conditions.
CASH HOUSES SELLERS
Commission Houses Sold
Freely—Prices at Close
a Full Cent Lower.
By l-rirata U-aa-ff Wire.
Chlrafo. Auf. 14 When waa ngaln low.
rr, tha t-lnaa abowlu# loaaM of iliis- r- r
Ih- flair. Corn >4tiV low.r. Data be u|>
-'-i- low.r. l-rovlatona 74SV'- low or.
Tho wretDima In wh»at aff«n»ff the ..riior
(tain tnarkata aaff Ih- rinalnga ware tamo
on ih- wbuU. Ih. bulla w.r. bin ulilin*
lo nliwrh tha offortaxa. why- Iba honra
YbjWW lb# bojn of plouty Will. Ojo-n and
Th. fnol (bar l
whlrh 7,u^uri 1 bd*h*i* are ofMuitrao, (re l-,
waa oiioiiah to ilriT* acatt.r-d l-.n.-, out
of ih, markal. i
luary r-o*lpl* of wb-al 500.500 huab-ia
- corn OTO.OOO bu«h-!,. compor,.; with
,000 nnff M5.9J0 buab.1*. reapretlraly, a
.-for tka waak 301,000 buab-la
whrat, 117,000 bnabal* corn and no onl.
<•**11 aalre bar* 10 load* wbrer for tX.
36.000 iiuah.la corn and lb.000 huab-la
CHICAGO GRAIN MARKET.
Cblreco (rain and prorlilona quotation*
for today follow!
Op«n. nifb. Low. Ctoo.. cio*».
Is S .E 9 ii
§51 a
188
H-pt... 17.OTI4 17.1*
Jan
LAUD-
sue a
i .u fi.fifi
J;*
8.75
7.m
r k e ii# m a.
I'AHH WlfKAT-
Sft.’
LIVERPOOL GRAIN MARKET.
Wheat—Ope ik'd
I , i-"' • i ■
Opeueol *i
was unchanged, an
unchanged; at 1:39
nifiv lower,
r-honged: nt 1:38 |».
clus*d onebaaged tu 1
PRIMARY MOVEMENT.
Th* following figures show the primary
movement of wheal nud coru:
Wheat — Itri flpta today 6JO.6I0 bu»h<-’*,
against icx.ooo bnnhela last year. Shlj«-
menta today 500,000 bushels, against 3^.
000 hush*:s last year.
Com—Receipt* tmlay M.600 hgahci*.
against 4husbela last year, fhlpineufs
May 526,660 buahela, against 730,000 bushels
• COTTON OIL MARKET.
New York, Ang. 14.—The market for
cotton seed nil stssfijr. Near position*
bowed practically m* change, siul wore
11 inly held, with some atm ka and an a!»-
f I»r• A* ,l" I lie ue.lklieas lu cot-
ton Influenced sentiment to some i-xtenr,
and on the distant ilellveries finds to ills-
courage buying, although sellors nre not
aggressive, nod appear to he waiting f»r
••vil'i.-o '-r fi!••• offi-ilngs <-f I.<MV rrop oil.
Tbo market at the clous waa quiet with
values higher to V*'* lower. The oalee
reported were 100 barrels of August
nnd 500 September at 37t4e.—Ware
August., ,, ,
leptanner.. .. ,,
i leremher*. ** ll
January.. ,, ,, ,,
Closed steady.
Owning.
...»
,.87 t7',
,.83H€34
S-iS' 4
a. w, a amiuwui wj me »J-fOlllfl.
Joseph A. Mei'ord, CssMer. It W. Pyei
Third National Bank
$200,000.00.
$300,000.00.
DIRECTORSi
Capital
Surplus
Dr. A. W. Calhoun.
John V>
ii. r.
Frank Uawklnt.
II. M. Atkinson.
Joseph A. McCord.
rr
■iw r*L *«» w*,*i.
COTTOhVGRA:^. ^ROVJSKj^.HroCKS^HONDS,
tJljHife Atltati. Ca.
CkUtgo BwtrS #f fnk
i«* KS*** riii,, bitmm- 5*
Uamwwl Cette* 4iiocief.ee. *f» vert Ceffee f
hfuh Wirn tw fra York, few Orltant. Ckkajw. f. C C0JHKAH. Fjaeesr.
BiU f keee 120- Slfdui Pbm
tw. 2 Wart St., fefen
ms b tits*
fra far! Cette* fertaaar.
ATLANTA NATIONAL BANK
ATLANTA. GA.
C. e. CURRIER. Preaidant. A. E. THORNTON, Vlc*-Pr„lffent
H. T. INMAN, Vle,-Pr**ld*nt. GEO. R. DONOVAN, Caahler.
JAMES 8. FLOYO, A*»'t C**hler.
Capital $500,000.00
Surplus and Undivided Profits $500,000.00
We Solicit Your Patronage.
MADD0X-RUCKER BANKING CO.
CAPITAL
SURPLUS AND PROFITS
ACCOUNT, INVITEE
. $200,000.00
$500,000.00
We invite arcoante of Individuals, corporation-, bank*
and bankers and offer the best tenns connistent with
conservative banking.
la our Saving* Department w. allow Interest at the Rote uf 3 1-3 per
cent. Compounded S*inl-Annu*lly.
mm
—