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'' I
THE ATLANTA GEORGIAN.
TlirnSDAY, AtOBBT U> 1WL
EDITED BY
JOSEPH B. LIVELY
THE GEORGIAN’S RECORD OF MARKETS AND FINANCE 'll
CATION MARKET
IMPROVED EARLY
NEWS AND GOSSIP
Of the Fleecy Staple.
A Better Demand for the
Spot Article Was
Noted.
ADVANCE WAS SLIGHT
A Reaction Started in Early
Trading and New Rec
ords Were Made.
Br Private Leased Wire.
Vu York, Aug. 16.—The opening of the
Ior.il rotton market today wn* n disap
pointment to the Dalle, In view of favora
ble rnblen from the market nt Liverpool,
flr»t price* here being only lft- point*
higher. Effort* were made after the call,
hutvever. to promote a belter market, ami
if possible start a covering movement by
th,' room element. Thl* i»lnn was furtlic '
ed |,v aevernl private cnfde*. which note .
better demnnd for the spot article ami
n tendency to rally. At the end of fifteen
minute*, prices were about .3 points higher
than
little
After a smnll Advance In the early trad
ing cotton eased off on some heavy selling
li V the bears, a continuance of mnde-to-
order weather favoring tbq short able of
tin- account.
A private wire from Raleigh says t
crop has greatly Improved during the tut
reck, with average minsblne and ItoneTIcI
ll ch'iVlotte says the weather has been Meal
In that section, ami that tho cotton crop
Is |,Hiking tine.
Macon wires: “Crop from Americas to
Macon generally good. Moving northward,
conditions show Improvement. There u
Qiu- h old cotton In Georgia."
Houston get* 4,701 bales new cotton to-
tov. Galveston 2.661 and Charleston 1.
In the last ten minutes of trading,
light covering movement resulted In a r
i.ivcry of most of the decline, the
■Hug unchanged to 3
Private Wire to Ulbert ft Clay,
i York, A'ug. 16.—The market opened
lower tbau expected ou renewed selling by
professional element.
Liverpool cables: “Better undertone, and
flieie ih more inquiry from spinners at the
decline. .Market likely to improve unless
iresli selling by Americans, n looks uboul
sold out."
The next bureau report will be issued be
tween September 7 and 11, Instead of Sep
tember 3. The appropriation bill requires
bureau reports to oe Issued hereafter
the same day as the glunors’ reports.
Hick Bros. Sc Co. say: "it is hard to
anything bullish lu the situation with such
weather maps ns have been posted lately."
1 he Journal of Commerce says: "Al
though the advutices In many lines of goods
ha ’ been foreshadowed much plainer than
usual, the dny.s developments showed that
many buyers were caught without goods
they must have In continuing their business.
The effect of the advuuces was seen In the
job dug houses very clearly. Buyers were
willing to take advantage of the few lines
that were Available nud which had not
been reached by the uplift lu values, and
the trading for the day wus stimulated
rather than otherwise by the announcement
of Tuesday."
Boston estimates exporters have about
oO.OUO bales to buy for August shipment, and
cotton Is selling there at impossible price to
my f«»r export or sell to spinners. Curreut
allies are only paid because people have to
/Weld brokers heavy sellers.
Liverpool cables: "Spinners buying fu
tures to cover yarn sales. Have pour oplu-
et. Crop uccuunts continue
8POT COTTON MARKET.
Atlanta, weak nt 10c.
New York, sternly at 10,30c.
New Orleans. Irregular at 10 3-Wc,
Liverpool, quiet at 5.50d.
Augusta, quiet nt 10Hc.
St. Louis, steady nt 10Hf.
Savannah, steady nt 10 13-16c.
Memphis, quiet nt 10H<*.
Galveston, quiet at 10J-16C.
Boston, steady nt 10.30c.
Mobile, nominal.
Houston, steady nt 10c.
Baltimore, nominal nt 10Hc.
LIVERPOOL COTTON MARKET.
Liverpool, Aug. 16. 12:16 n. in.—Cotton.
H„,r business moderate, with prices easier;
Bilddtlng uplands 5.56d; sales 6,000- American
* vm; speculative nud export 5w; receipts
mo. nil American.
Futures opened quiet.
Opening Previous
Range. Close. Close.
August 6.28-6.29 6.27 6.30
bigust-Xept. . . .5.23 5.25 6.23 5.26
Stilt.-net 6.18 6.16 5.21
1 n„ v . 5.17-5.18 6.15 6.10-6.20
•Dec. ... .5.17r5.l8 5.16 5.20
.Jan 6.184.19 6.10-5.17 5.21
Feb 6.20 5.18 6.23
March 5.f2 5.20 6.36
li-April 5.24 5.22 5.27
April-May 5.25-5.24 5.23 5.28
fU easy.
TODAY’S PORT RECEIPTS.
The following table shows receipts at the
. should not affect our
opening.
The map Is again very fAvorahle, clear
and with somewhat lower temperatures.
Light rains have fallen In nenttered por
tions of the Atlantic, while Texas and the
balance are dry. Not likely to have much
renctlou with such Ideal weather conditions.
Mhrket opinions, ns expressed In brokers*
letters, seem to expect a reaction on
count of a supposed large short Interest
ceatly built up aud continued reports of
crop deterioration.
Private Wire to Ware ft I.elnnd.
New York, Aug. 16.—Liverpool opened
quiet 3 points down. At 12:1a it. m., un
changed to 2 down and steady. Sales 6,000;
spots, 5.56d, 2 down. Futures due to come
2 to 3 down.
The break In the cotton market Is caused
by hammering by loculs and selling by
New Orleans.
New* Orleans, Aug. 16.—(’aides are favor
able. They were due 2 to 3 down-on ls»tn
American markets. Increased spot sales
would Indicate more interest on the part
f the spinners.
A. J. Huston, Liverpool, cabled: "Better
feeling. Reaction expected any time, but
don’t advise buying unless crop detcrlor-
tcs % Better spot demand. Shorts cover-
Moderate temperatures and little rain
rer cotton belt arc shown on the map.
Liverpool cables: "Market looks nlx>ut
sold out."
After tho sudden decline shorts are rather
Inclined to take profits. The mnrket has an
easy undertone, however, and can easily
he forced lower. Free movement of new
cotton Is nltotit the only excuse for the
hammering this morning.
the’weathbr.
OFLISTNEGLECTED
Transactions in Union ayd
Southern Pacific on an
Enormous Scale.
MADE HIGH RECORDS
London Was a Good Buyer,
But Sold Some Steel
Common.
By Private leased Wire.
New York, Aug. 16.—Interest on-the atoek
exchange this morning centered upon the
action which It was supposed would he
taken during the day ou several corpora
tion matters of first Importance to the
present Wall street speculation. That
Xouthern Pacific would be placed on a i
per cent dividend basis; that the Union Pa
el tie rate would lie raised from 6 to 7 per
cent, and that something definite might he
given out concerning the financial plana of
the Xt. Paul were aiiuoiiiicenienta looked
r less probable before the
iln *
RANGE OF NEW YORK STOCK MARKET
e* of busbies
day’s early mnrket.
•nvy buying movement
... — —-*e three companies. In
the course of the movement Union Pacific
rose 2 points and Southern Pacific 1 point
further, while Xt. Paul touched the highest
price at which It has sold since hist Jan
uary. Only a few othor stocks participated
practically all. The general
but
LOCAL FORECAST.
STATE FORECASTS.
Georgia and South Carolina—Fair tonight,
local rains Friday.
Ahthunjn—Fair tonight and Friday.
WEATHER CONDITIONS.
of the lively campaign III the favor
ites heavy realising was going on lit other
quarters, and by mid-day this Sidling hud
caused lu many Instances fractional hi
**om Inst night’s close.
The feature* of the opening stock i„._.
ket was running transactions of 16,000
shares In Southern Pacific at 82%<ff82H.
advance of nearly a point, and of 25, 1
shares In Union Pacific nt 162^(ff 162*4.
gain of about a point. Xt. Paul was also
five and on running quotations rose Tie.
lesntienko and Ohio uud Ismlsvllle mid
Nashville showed lultlal declines of «4c,
and Baltimore and Ohio, Bending, Norfolk
and Western declined V»o.
Tra
cited _.. ...
Union Pacific and Southern Pacific made
new high record*. The buying of Union
Pacific was on an enormous scale. Ullman
Bros, took 25.000 shares. New York Cen
tral rose a point, and Xt. Paul scored an
advance of 2 points. Naturally, the strength
of the Hnrrhnnn, Vnndorbllt nnd Htnndnrd
Oil lssu*s forced the greater part of the
list Into comparative neglect, nud there
were few Impoftnut price changes other
than those noted. London •bouglit about
20,000 shnres, soiling some Steel common
again today.
through the first hour, nud both
LONDON STOCK MARKET.
Clear weather prevail* thl* morning nt
.jurly all 'stations mid the rains In the Inst
!4 hour* have been mostly local sh<
vuth anil souther
he* low and flat
the entire country, being below 30.0) inches
nt stations excel ‘
and New England.
The temperature has remained practically
stationary except cooler In the north Pa
rte const states.
While the weather In this vicinity
istly fair tonight and Frida
idltlo
shorn 1 shower*.
favor the "development ot ’occn-
INTERIOR MOVEMENT.
following table shown recelpta at tha
htsrlor towns today, compared with the
tome day last year:
Houston. .
knmistn. .
Memphis. ,
Louis.
WEATHER IN COTTON BELT.
Ijallnn nnd Tyler, clear and hot; Houston,
*Nr nnd pleasant; Gainesville, very hot
•M «-lo«dy, looks like rftlu; Greenville, clear
and fiftt.
..Mississippi—'Ynson City, Jackson aud
Jttehex, clear and hot; Canton nnd l^xlug-
wn. clear nnd pleasant; Meridian. eIFnr nnd
■ 0, t : Hattiesburg and Holly Hprlngs, clear
Bl h ' nn: HU <1 N’eW Albany, clear
Alabama—Huntsville and Helnin, clear and
5* r, »: Montgomery and Opelika, clear and
■°i: Mobile, partly cloudy ami hot, hard
f 1 yesterday afternoon.
•‘•orgin -Macon, clear and hot. hnd some
n y..*!mlay; Albany nnd Anierlctis, dear
'7 pleasant; Columbus, dear nml hot,
yesterday afternoon.
LoiiUinna—New Orleans, eliftr and warm.
WEATHER IN WHEAT BELT.
Mtremc Northwest—FnIr to dear .and
v r temperatures; 40 to 68 above.
•Jenhw.st—Clear, 60 to 72 above.
J. ,f nml Southwest—Clear and generally
•nii. r, fi? to 76 above; rains nt lies Mollies
Gkl.ihoma; shower* nt Knusas City.
Wrt Valley—partly cloudy, 70 to 72 above;
WEATHER FORECA8T.
COTTON REGION BULLETIN.
For the 24 hours ending nt I a. m„ 75tb
meridian time. August 16. 1906.
STATIONS OF .
ATLANTA
Max. Min.
Ill
i £ i
*' to
23 | 69
70
•Atlanta, clear
•Chattanooga, foggy. . .
Gainesville, cloudy. . .
Greenville, cloudy. . . .
Griffin, cigar
•Macon, clear
Moiiticdlo, doudy. . . ,
Newnnii. . bmdy
Rome, foggy
Xpnrtnnburg. p. cloudy...
TallaiMKMn, dear. * • •
Toeeon, dear. ...... ~
West Point, cloudy. ■ . .1 84
•Minimum temperatures are for t'
hour peril*! ending nt 8 a. m. this date.
Atchison
Canadian Pacific..
Chic., Mil. nnd Xt. Paul
Erie
Illinois Central
Louisville and Nashville.
Heading
Pennsylvania
Southern Pacific .
Union Pacific
United States Steel. . . .
do. preferred..
Amalgamated Copper T.....
Amcrb-nii Sugar llefiulug
Atlantic Coast Line
Anaconda
American Locomotive
American Cotton oil
Hnltimore ami Ohio
Brooklyn Uapld Transit
Ch«uut|>eake and Ohio
Colorado Fuel and Irou
Central Leather
do, preferred >
Chicago nnd Great Western
Chicago, Milwaukee and St. Paul
Delaware nnd Hudson
Distiller's Securities
do, preferred. .V...............V,..."..’’.V. ...*!
General Electric
Illinois Central ,
American Ice Securities
Louisville nnd Nashville
Mexican Central ,
Missouri Pacific ,
New York, Ontario nnd Western ,
National Lend , ,
Northern Pacific
New York Central
Norfolk and Western
Pennsylvania ,
People's Gas
Pressed Steel Car
do, preferred
Pacific Mall
Reading
Republic Steel....
Rock Island
do, preferred....
United states Rubber
do, preferred
Southern Pacific
Southern Hallway
do, preferred.....
SloNs-Sheffleld..
Tennessee Coal nud Iron
Texas and Pacific
Union Pacific
United States Steel
do. preferred.,
Vlrglnln-Cnrollna Chemical
do, preferred
do, preferred...
Total stock sales today 1,233,500 share*
NOTES ON GRAIN
Pointers on Provisions.
Private Wire to Ware A Inland,
Chicago. Aug. 16.—Wheat very dull here.
Crowd rather inclined to get In some wheat
i‘ouml present price*, and offering* rather
small. One local operator has covered
about 250,00a short wheat. A couple of
1* small amount*,
iere may be some further liquidation
. ./heat toddy, hut price* are getting low.
Would buy wheat on break* today for a
scalping turn, and we might get a very
fair upturn.
Wheat fairly stubborn so fnr. Home com-
iiiIsmIoii hotiNo Inlying and local shorts also
overlng. Selling scattered. Moderate le
ction due any time now.
All the wheat which would cause any
ressure Im* b*en sold nud taken by a
ew local shorts, who an? working for an
d ranee.
Country commission bouse* (mat sellers of
oru. Home pressure ou May, Not n bull
In sight, and short* are covering. Rob-
rt* selling May corn.
Oat* opened steady with a gm*l demand
for May nt 34c and December at 32c.
Provision* strong and higher. Packers
buying lard and rib* nml look* ns though
they were determined to market their
product at higher prices. Cush trade gi*Kl
for lard nnd meats. Cudahy Packing Com
pany paid 9 for XeptemlM*r rtl»s.
•rlvnte Wire to Gllmrt & Clay.
Chicago. August 16.—Wheat news showi
nothing bullish. Cables are Indifferent uml
■eather fine.
The HccArd-Hernld says: "Chicago has
•elvod more wheat during the first half
nst than dm* '* '*
Arrival* for
thl* year are 5.613
4,99) for all of August. 19uG. The quality
Show* an even more aurprinlng Improve-
went than quantity. Out of the receipts
thl* month to date, 4.316 are contract^
against 2,168 for all of August last year.
The lw»*t Information we can nhtnlu hull-
ate* a wheat cron of a I Mint 85,000.000 III
North Dnkotn; 75.000.0)0 In Minnesota am*
50,000.000 In X&uith Dnkotn. In 1905. Mlu
nCNotu nnd the Dakotas raised 200,000,
QUO." •
ACTEDJJUBBOHN
The Opening Was Weak at a
Small Fraction Lower '
Prices.
SHORTS TOOK PROFITS
CHICAGO CAR LOT8*
Today. Tomorrow.
RANGE OF THE COTTON MARKET
LIVERPOOL GRAIN MARKET.
AT NEW YORK,
The following Is the range In
tires In New York today:
Aug. .
Sept. ,
Get. .
Nov. .
Dec. .
Jan. .
Fell. .
21
il
AT NEW ORLEANS.
a
*
O
JS
u
j MO-I
li
|
5
£8 ;
Aug
Xept
Get
Nov
Dec. , , , .
Jim
Feb
March. . . .
9.81
9.53
9..V
9.59
9.62
9.72
9.85
9.51
9.50
' 9.U
»M
9.62
9.73
9.81
9.43
9.37
9*38
9.45
9.62
9.58
9.84
9.51
9.41
*9.46
9.52
9.62
9.66
9.97
9.50-61
9.43- 44
9.44- 46
9.45 46
9.67-69
9.65-66
9.88 1
9.57 59
9.0-BO »
9.51- 53 J*
9.51- 62 h
9.57-68 r
9.62 04 -
971,3 A
Wheat—Open H** lower: 1:30 p. ni.. He
•wer; elom*d HtfHc lower.
Corn—Opened «ie lower: 1:30 p. m., %c
lower; closed 14ftlower.
COTTON SEED OIL MARKET.
S’tw Y’ork. Aug. 10.—The market for cot-
a seed oil wn* more active- but weaker,
vlth evidence of ciuinldernlih* pre
los. which *oh
.. ........ r .. tonehed. Met
emeu!* lu cotton estimates, favorable
»*ed offerings of
i In lard have all
!*>cal sentiment
The close was lr-
nlnr, with prices %r higher to He lower.
Closed barely stently.
DIVIDEND DECLARED
BY NATIONAL LEAD
.. ...ig. — -
Company declared the usual quarterly stock
dentf of 184 |U’»’ cent oil Its preferred atoek
nnd 1 per cent on Its common stock today.
CENTRAL
STATION.
Imrleston. . .
Galveston. . ,
Little Rock. . .
Memphis. . . . ,
Mobile
Montgomery. .
Now Orleans. .
Oklahoma. . .
Xnvntinah. . .
Vicksburg. . .
Wilmington.
Dlst. Averages.
Max. Min.
7<r
25^
M
w
T indicates rainfall.
Light to iiUHlerate rains have fallen In i
district* except 111 the Little Uoek
Memphis districts, 1 — **’—""*
East Texas—Fair Thane lay
b-tiUin„,
I rhla
Knst Florida. West Florida. Ala-
»** Frtdiv wlaslmil—Hhowera Thurwlny
►fth' ' ■'•"s—Fair hi south, showers In
TS, Thursday and Friday.
knil '‘ H * I nlr Thursday nnd Friday.
MEETING POSTPONED
UNTIL THE AFTERNOON
Bv Private leased Wire.
New York. Aug. 16.-The meetings of the
tMinrds .*f directors, nf the I nlon I nr fie
d Xouthern Pacific companies, which
„,-re to have lieen held this morning, will
probably not be held until later In the day.
It has been found Impossible to obtain a
quorum, owing to the absence of L. II.
Vlarrlman and some of the others at the fu
neral of Mr. Wilcox, brother of President,
Wilcox of the Delaware and Hudson com
pany.
LATKU—At offices of l*n1on Faellle and
Xoilthern Pacific. It I* stated that there
will I** ii«* announcement In regard to div
idends today.
GI BERT & CLAY
New Y'ork. Aug. 16.—Another drive was
made at the cotton market thla morning
that forced prices about 8 points lower
than yesterday’* figure* before there was
enough short covering to stetft the de
cline. On the break, the most extepalve
buying that ha* been noted nt all took
place. Not during the entire running break
went on below 9.69 for December Hilling
the day’s weakness. Jt may ho that this
taking of shorts and that new cotton, to
t us a depressing liifhn
where It would l»e well % halt an Instant
and take a new view of the situation. The
season has not advanced to a point where
SELLING WAS HEAVY
BY BOTH SIDES
New Y’ork, Aug. 16.—The Sun says: "In
fluenced by unexpected weakness st Liver
pool nud heavy general selling for both
sides of tho account, cotton prices de
ll ned rulher sharply yesterday, nud at the
qjose the tone was barely steady, with
the final prices not far from the lowest
of the day. Heavy rains, occurred nt
nome points In the eastern belt, nnd light
senttered showers were reported nt a few
points lu Texas, but In the main the
\v on ther wa* considered favorable, nnd
although witio bullish^ crop ndvlr
THE COFFEE MARKET.
Ived from parts of Texns,
other section* of tho licit ulu.
Is said to be deteriorating, nothing
nongh has as yet been reported
the
ell
New Y’ork. Aug. 16.—The eoffeo mnrket
opened steady nt an advance of lfxfflS
points higher on European rallies. Trading
was a little more active than recently, nml
prices held steady to firm during the fore
noon with the mnrket about 10^15 jHdnts
net higher In the early afternoon. Sales
for the first half of the ncsmIoii were about
36.000.
ns tho opening range nnd
Market Reacted in .Late
Trading aud Fully Recov
ered Earlv Loss.
By Private Leased Wire.
Chicago. Aug. 16.—The markets all closed
quiet with tile talent not disposed to do a
great deal of business nud the iitmilicr of
outsiders small. Closing prices show:
Wheat %it%r lower; corn HOH*’ lower,
outs off ' n 4iand provisions Irregular.
Cash anle* were eleven load* of wheat,
five loads of corn and 100.000 bushels of oats
at the senlHinrd. and 8,000 bushel* of wheat,
140.000 bushels of corn nnd 60,000 bushels
of «»at* at Chicago.
The estimated shipment* front Acgentldh
for the week are 1.000,000 liiinhcl* of wheat
and 2.200,000 bushel* of corn, compared with
1.672.00) and 2,543,000 bushels a year ago,
respectively.
Primary receipts of wheat 934,003 bush
els and corn 414.000 bushels, compared with.
672.000 and 483,003 bushels, respectively, a
year ago.
Clearances for the day: Wheat 516,000;
corn 4.000, oats 20,000.
C HICAGO GRAIN MARK ET.
Open. High. Low.
Dec 44H
May 45
OATS—
Sept 9)%
pec
32
88
31
32
3IH
8.70
May..
i’ORK-
Xept .. 17.27H 17.37H 17.15
Jan.... 13.57H 13.57H 15.50
LARD—
Xept... 8.72H 8.72H
Oct.... 8.80 8.80
Jan.... 7.92H 7.95
SIDES—
Xept... 8.90 9.00
Oct.... 8.77H 8.30
Jan.... 7.32H 7.52H
CASH WHEAT—
No. 2 red 70Hft71lj
«:5 W
7.87H
3.92H
8.70
7.27H
PRIMARY MOVEMENT.
k'ollowlng
close In tin
day:
New York*eoffeo niarLet*
Opening
March..
April.... .. .
May
June.. .... .,
July
August
Xeptember..
October
the generality of the trade to abandon the
Idea that the crop la destined to prove
a large one. However this may he, the
hear side Is the popular one. Tills of Itself v (l .., H11 |V«V "
may bring about n rally when least exjiect-
ed. Yesterday the former bull leader sold - ■
freely, and proiulneiit spot Interests weri
selling. /New Orleans nml foreign hoiisei
nrTTaii*nngTW!^TneTPliliesl>eni'
"With the rings oil the run. the
. loud ncMHlndst wn* ngntn in hla
glory, ami yesterday’s mnrket si’oriHl* a
a.,# oeciiiic without the developmeut of*
fr»*h depressing factor. Keller* were
plenty, buyer* wore shy enough. Crop ro-
iMirts were not any too good, but spin
ner* posed ns the most disinterested people
In tie* world. Consequently, the game was
one-sliled from the start. There sro now
three well-defined spccuhitfve ructions, only
one of which Is active. The extreme henr
Is talking mid Selling the stuff nt the same
time. The conservative element believes
a reaction Is due on general principles,
but would place very little faith In the
permanency of an advance at this time.
The student of the staple, however, see*
In the growing short Interest an early
return of the speculative conditions exist-
prlc,
the crop I* assured her.*,id all peradventure,
and tins present level Ir *’ ’
the snm
nt.
In New Y’ork repre-
.. ... the Xoutb. a figure that may
lend to a rather less one-sided progress of
prlres. It look* tv a great uiauy an I bough
price* had about reached a figure where
much more conservative selling would Is*
the part of wisdom. In fact, many look
for something of a rally.
New York. Aug. 16.—Broadening further
The lower the
the Xeptember
•strictIon then will send
August brave to cover on the
ninny ,
Jump. Meanwhile, room traders arc work
lug mid talking hnrd for n further slump,
ami the wise men arc wise In nvoiding
»h*» nvorosslou u decided opinion,’’—'Wnre
ft Lclnnd.
7.40-7.45
7.467.5a
7.50-7.60
7.55
6.80-7.00
.. ,.6.85 0.95
.. ..7.00
7.05-7.15
7.10
7.35-7.40
7.45-7.50
7.50-7.56
7.55-7.60
7.00- 7.65
765-7.70
7.00- 7.05
7.00-7.05
’05-7.10
f 10-7.20
finmiclnl plan contemplates Issuing 125.000,
ooo common stock at pgr to stockholders
which would 1m* about 20 |»cr cent of their
holdings. This would make the rtgliln
worth about 15 per cent. This Is a change
from the earlier suggestions, which fit-
hided the Issuing of nu equivalent amount
vrrtilde bonds.
SOUTHERN EXCHANGE
OldMt Katabllihrd Office Boiith.
conos STOCKS BONDS GRAIN
Ground Floor Gould Building. Dally
mnrket letter nnd market manual
mailed on application.
PRICE CURRENT CROP REPORT.
C’lticlnnatl, Aug. 10.—Rains unfavorable
for oaf* threshing, damaging grain In shock
but beneficial to corn nml pastures. Corn
crop expected fully equal to Inst year.
Packing 438,000, ngainst 315.000 year ago.
THE 8UGAR MARKET.
refined
„ __ »n lieet
sugar August 8* Hd, Xeptember nuchanged.
enient nf wheat and ■
Wheat—Receipt* today 934,00) biislie't,
against 072.003 bushel* hist year: shliunenta
today 633,000 Imshel*. against 634,000 bush
els last year.
Porn—Receipts today 414,000 bushels,
against 429.000 bushels Inst year: shipment a
NORTHWEST CARS*
CENTRAL BANKS TRUST CORPORATION,
CAPITAL $500,000.00
If you contemplate opening * new account, or changing your present
banking arrangement, and wlah to connect yourtelf with a etrong, comerv-
atlre bank, fully equipped to serre you as your builoess J iatlfles, we
Invite you to call and talk the matter over with ue.
Asa 0. Candler, President.
W. H. Patt.reen, Vloe-Pr«.ldent A. P. Coles, Cashier.
John 8. Owens, Vles-PrssldsnL Wm. D. Owens, Asst. Cashier.
nf tin
itrrvimfl. ». --
i-ttueht on the «ny up. It Is now stnted
uiitliorltv that I satire other tbnn tli.
Ilnrrimmi stocks. will l»o taken U” nn«l
unde prominent, i
oriiintlon elreiila 1 ....^. — ^ --- --
ill Iliave a good turn, following whbh
,.thcr minor |ms>I somlccs will la-gln on—
Hons, prnrldcd plunging Is not ciirleil,
Tin* western element I* vcfj’ bullish on
advices, nnd seems to think Xtundnrd Oil
liners are under the market. Xlgus
this effect nrc not wanting, hut an t
market Is yet professional we think* cou;
scrvntIkiu should perr
the dally trader, who i
recessions.
LATE NEWS ITEM8.
Union Pacific earnings for tha year end
ing June 30, surplus overcharge Increase
86.416,337; Xouthern Pacific for year ending
June 33 surplus overcharges Increase |5,-
377,292.
A nows bureau states on wlint It learns
to be giMsl authority that the Rt. Paul
L. J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, GRAIN
Correspondent’s Capital $250,000
REFERENCE. THE NEAL BANK
PHONE 1417. PRUDENTIAL BLOG
Frank Hawkins, President.
H. M. Atkinson, V. P. Tnomas C. Erwin. Aist. Cashier.
Joseph A. McCord, Cashier. R. W. Dyers, Asst. Cashier.
Third National Bank
Capital
Surplus
Dr. A. W. Calhonn.
Milton Dargsn.
John W. Grant.
H. Y. McCord.
$200,000.00.
$300,000.00.
OIRECTORSi
Frank Hawkins.
II. M. Atkinson.
Joseph A. McCord.
B. II. Rosser.
David Woodward.
GIBERT & CLAV 8
DAILY COTTON LETTER.
New Orleans. Aug. 16.—Influenced by th«*
decline In American markets, options In
Liverpool lost the streugtb that they earlier
dlsplayctl nml rinsed easy nt a uet loss of 5
iMdllt*. X|Mit wiles Were 0,003 hales at 2
point* lower, UubUs were liulllshly In-
t-llucd and some were of the opinion that
the Imtlom of the market luid been rnaelg-fl.
A* later developments proved, the imirket'a
milv supiMirt Ih the early morning (rndlug
was the quantity of baying orders at 9.50
for December. A* *o»m n* prices broke
through this obstacle but little iHfrieulty
HUBBARD BROS & CO., Sts
Atlanta Offices, 219-221 Century Building.
Members New York Cotton Exchange, 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 4M, Long Distance 31. A.S. Ilustare. Mgr.
ATLANTA NATIONAL BANK
ATLANTA, GA.
C. E. CURRIER, President. A. E. THORNTON, Vice-President.
H. T. INMAN, Vice-President. OEO. R. DONOVAN, Caohler.
JAMES 8. FLOYD, Aes’t Cashier.
Capital $500,000.00
Surplus and Undivided Profits $500,000.00
We Solicit Your Patronage.
WM. I- PEEL, President.
HOBT. K. MADDOX. Vlce-Pres.
THOR. J. PEEPI.EH. Cashier.
JAS. G. I.KSTKIL As.*t Cnshle
* «• ALABAMA I
STOCKS. DON DS,
COTTON. OKAIN.
corral. pnovtsioNS
MCMOCKSl
ATLANTA. OA
coDslUeraltly ItirreMed. but (.Ninsi.lertna the
atimiHt blvrtl wvnther now nffwtlug th«
lM‘lt It appear* a* If tlirtr |H>*itloii U *o
wrll taken that only a cron *carc nf mi-
tlcnlahh’ character could effect a dislodge
incut. However, nt these level* n spirit
of ronservatism will In all probability pre
vails fmr the mule has not as yet become
" -- .. Exchanges. ».'ciffitome«l to the Plea that declines cuu uc
and L.ng OlrtinJ'T?I?»K« M W- B- PAGAN, M.n.gsN iutlcfiultvly cuutluut.'Ue
York Stock ExcksnnJNew Orleans Cotton Ex^bange.lChlesgoBoard of Trade. t
"* dth Cole, xlZ Orte.ii, BraTrU ofTrSK:iGalte.wn C “otto n A ‘!^hVu
cotton^gra:^, ^rovisio^StocksPboncs,
Ms. 2 Wall SI., f tiff fsfMisf. Atlanta, 0a.
Haw Uft Caffe* lackaaaa.
Htw Orleans Caffes Enekaag*.
Uuraaat Caffoe Attatlallaa.
frit ate Wires la Htw Yath, Haw Orlaaas. CkUaga.
Hall fkaat 1242.'
Cklta§a Veer# at Trait.
Chltaaa Sta<k Eaekanga.
Hew Yark Collet tMchaoge.
§. C COTHRAN. Uaoaget.
Standard FI tee 234.
MADDOX-RUCKER BANKING CO.
CAPITAL $200,000.00
SURPLUS AND PROFITS .... $500,000.00
ACCOUNTS INVITED
We invite accounts of individuals, corporations, hanks
and bankers and offer the best terms consistent with
conservative banking.
Id our Saving. Department we allow lntereat at the Rate of 3 t-j per
cent. Compounded Semi-Annually.