Newspaper Page Text
edited by ~ ~~ — —— k llr ,
I Joseph b.lively^ THE GEORGIAN’S RECORD OF MARKETS AND FINANCE B
j „s —= r ’
.Ivelr'* 3 jrw»rt* exprrleof*
editing markets In Atlanta and
Kouth Inti made him a rw-
cgulxmi authority lu hi* specialty.
A Better Demand for
Spot Article Was
Noted.
the
ADVANCE WAS SLIGHT
A Reaction Started in Early
Trading and New Rec
ords Were Made.
rrlvuttf Wire to filbert ft Clay.
. Aew \°ra, Aug. lb.—'the market opened
M»*» *C»| on UUlMVtHI M'lllUg i>j
, Hoi lor undertime, and
nifro i* mure inquiry iron* suuhicm m m
decline. Market likely io luJpro.e tmh-«
* r «»u Helling by Amort cans, it looks uuuui
SOW out. ’
'tile itost bureau report will be Issued be-
tween Kcptcmncr 7 tint! il, instead ot 8ep-
teniber iho appruprlnGou bill requite*
burenii icport* to oe issued heron I ter on
the miuie day an the gmuer*' report*.
I»bk ilroH. A to. any: it I* hard to ace
anything bullish In the situation with aueh
wont her inn pa a* hate been posted lately.”
n»o Journal ol tommem* naya: • Al
though the n<ivnlicet in many line* of giNMi*
had oeen foronlnbiowed much plainer man
haual, the day a developments slntwoU mat
many buyer* were caught without go * *-
they must have In continuing tlieir buton
willing to take advantage of the tew lines
that were available and which Inid not
Ih*cii reached by the uplift In values, and
the trading for the uay was stimulated
“ “ 1st* by the aiiuouucetueut
esdny
Len
Wire.
* B iow York;-Ailg: id.—The opening of the
lo. il cotton market today § wa* n Ulsnp
polatn
[i|«« en
first p
the bulls, ill view of fnvora-
ides from the market at l.h-erpool,
rbos here Iwlng <»uly 1©2 points
Efforts were tnnde after the
cr. to promote a Indter market,
isible stnrt a covering moveuieiit by
...in element. This plan was further-
several private cables, which note ‘
ter demand for the *|iot article and
lciiey to rally. At the end of lift
minute*' pHoe* wren* nlsmt 3 points higher
li.m the close, and the undertow
tile better.
After a small advance In the early trail-
i- cotton eased off on some heavy selling
v the bears, a eoiitlnuance of mnde-to-
rdcr weather favoring the short side of
II r count.
• wire from Raleigh says the
Improved during the pnst
ishliie and beneficial
tte savs the weather has lieen Ideal
In that section, mid flint the cotton crop
i hsiklng tine.
Micon wires: “Crop from Ainerieus to
liicon generally good. Moving northward,
imlltloiis show Improvement. There is
inch old cotton In Georgia."
Houston gets 4.701 bales new; cotton to-
iv, Galveston 2.601 and Charleston 1.
In the last ten ml notes of trading, n
:lit covering movement .resulted In
8POT COTTON MARKET.
. .. Orleans, Irregular at 103-16c.
i.lver|MH»i, quiet at 5.56d.
Augusta, quiet* at 10%<*-
.<f. Louis, sternly nt J0l4e.
s.ivnnmih. sternly nt 10 13*16e.
Memphis, quiet nt 10%f»
i.alveaton. quiet nt 103-16c,
(lesion,, steady at 10.80c.
M-.ldle, notnlmil.
Houston, steady nt 10e.
Norfolk, steady at 10c.
Wilmington, nominal.
Ihdtlmore, uumlunl nt lOv&c.
LIVERPOOL COTTON MARKET.
Liverpool, Aug. 16, 13:15 P* ni.—Cotton.
I*»t btwlueaa imslernte, with price* easier;
itiMling tiplaud* 5.r*fsl; sales 6,000: Amerlenu
speculative and export 60J; receipts
. ail Amerlenu.
Futures ojienwl quiet.
(«l*eidiig
Mange.
..6.28-5.29 6.27
.6.23-6.25 6.23
. .5.18 5.10
.6.17-6.18 6.16
.6.17 5.18 6.16
.5.181.19 6.166.17 5.21
.6.22 6-20
..5.24 6.22
.5.25-5.24 5.23
iniruit-Hopt. . .
Feb. . .
Mnrch. .
• li April..
Previous
Close.
6.30
5.26
6.23
6.J6
5.27
6.28
TODAY'S PORT RECE1PT8.
The following table shows receipts at tbs
jjoria today. compared with ths same day
Heston estimates exporters have nlmut
oO.UUU miles to oily for August shipment, and
cotton Is selling there at iiiiimissIoIc price to
buy tor expert or sell to spinners. Current
values are only paid because people have to
have their cotton.
New Orleans u heavy seller In New York.
Weld brouei-s heavy sellers.
Liverpool cables: “Kpluncr* buying fit*
tines to cover yarn sale*. Have poor oplu-
ion of uinrket. Crop accounts continue
opening.
The map is again very favorable, clear
ami with somewhat lower temperatures.
Light nuns have (alien In scattered p<
tbm with such idetil went her eondltloi
Market optuioiis. as expressed lu broke
letters, seem to expect a rem'tkm on i
count «»f a supposed large short Interest i
cently built up and continued reports of
crop deterioration.
Private Wire to Ware ft Iceland.
New York, Aug. 16.—Liverpool opened
quiet 3 points down. At 12:16 '
able. They were due 2 to 3 down on Imth
American markets. Increased s|*ot sales
•tibl Indicate mere Interest on the part
of the spinners.
.1. Huston. Liverpool, cabled: “Better
feeling. Reaction expected nnv time, but
don't advise buying unless crop doterlor-
t»-s. f Hotter spot deiuuud. Shorts cover-
Moderate tempernliirea and little rain
er cotton belt nre shown on the map.
Liverpool cables: “Market looks about
sold out."
After the sudden decline shorts ore rather
Inclined to take profits. The market bus an
easy undertone, however, nml enit easily
be forced lower. Free movement of new
otton Is about the only excuse for the
hammering this morning.
THE _ WEATHJ5R.
LOCAL roRECAST.
OF LIST NEGLECTED
Transactions in Union and
Southern Pacific on an
Enormous Scale. •
MADE HIGH RECORDS
London Was a Good Buyer
But Sold Some Steel
Common.
Hr Private Leaked Wire.
New York. Aug. 16.—Interest on the stock
change this morning centered upon the
tbm which It was supposed would l*e
dining the tiny on several corpora
take
tbm matt
present Wall
8TATE FORECA8T8.
Alabama—Fair 'tonight and Friday.
WEATHER CONDITIONS.
first importance to tlr
street spec 'illation. That
Southern Pacific would be placed on a
per cent dividend bitsia; Hint Hie Union 1
- —jo would be raised from 6 to 7 per
el tic „
•cut. and that something definite might be
meernhig the financial plans *
the St. Paul
the shares of the*
•nrly market,
for tin* most
vy buying movement
three companies. In
of the movement Union Pacific
rose 2 points and Southern Paid fit* 1 point
further, while St. Paul touched the highest
price nt which It has sold since Inst .Ian-
nary, Only n few other stocks participated
at all lu this speculative demonstration.
Pennsylvania and the Copper shares were
bid up sharply and held very strong, but
this was practically all. The general mar
ket showed from the outset that uiidor
cover of the lively campaign In the favor
ites heavy rcnllxiug was going on lu other
quarters, nml by mid-day tills selling had
caused In many Instances fractional losses
from Inst night's dose.
The features of the opening stock innr*
gain of about n point. Kt. Paul
active and on running quotations rose me.
Chesapeake mid Ohio and Louisville and
Nashville showed Initial declines of lie,
ml Baltimore and Ohio, Heading, Norfolk
and western declined Vi*'.
Trailing lu the llnrrlimin stocks was ex
ited all through the first hour, and both
Union Pacific and Southern Pacific made
high records. The buying of Union
’ndfle was on an enormous scale. UHinaii
Iros. took 25,000 shares. New York Cen
tra! rose a point, and St. Paul scored nn
advance of 2 points. Naturally, the strength
of the llarrimnu. A'nndcrbllt and Standard
Oil issues .forced the greater part of the
again today.
Governments unchanged.
Other bonds active nml strong.
LONDON STOCK MARKET.
Clear weather prevails this morning nt
_ .. . yer
illntry. being bol-
stations except In
and New F.nglamL
The temperature has remained practically
stationary except cooler In the north Pa
cific coast states.
While the weather In this vicinity will
Im* mostly fnlr tonight and Friday, the
conditions favor the development of occa
sional aim
j. n.
COTTON REGION BULLETIN.
STATIONS OF
ATLANTA
DISTRICT.
INTERIOR MOVEMENT.
The fallowing (nltta shows receipts at the
feterfor towns today, compared with the
hue' day last year:
WEATHER IN COTTON BELT.
Siin Antonio, cloudy nml warm;
I Tyler, clear and hot; Houston,
. , pleasant; Gainesville, very hot
■to Handy, looks like rain; Greenville, clear
■tol hot •
MlMiMipjii—Ynsoo City, Jackson and
- ear and hat; Canton and U’xlng-
ml pleasant; Meridian, clear and
•sburg and Holly
Aberdeen and Net
Huntsville and Helitin, clear and
at ginnery and Opelika, dear and
»\ partly cloudy and hot, hard
rdny aftornoou.
Macon, dear niid hot. had some
day; All winy and Americas, clear
• at: Columbus, cff»ar and hot,
day afternoon.
i New Orleans, dear and warm.
WEATHER IN WHEAT BELT.
£ur.;ai- Northwest—Fair to clear and
r r . •••nq.eraturim; 41 to 68 nlmve.
•irth«-st_C|raf. till to 72 nlsive.
,'' M il '*d Southwest— Clear and generally
4 o. r ; ,0 " ,I «l»«ve; rains at !»es Moines
nw showers nt Kansas City.
l.i" ' 'b y-partly doudy. 70 to 72 ulmve;
WEATHER FORECAST.
"Inin! " , ' 1 Texas—pair Thursday
Ivi"* 1 . *'*i'** 1 Florida. West Florida. Ala*
I Uri'l- v >i,! * hI,, ***I»I*1—Hlnmvrs Thurs.lay
iiksK:
«*r i’hnridnv ami Friday.
Atlanta, dear. . . .
•Chattanooga, foggy. .
Gainesville, doudy. .
Greenville, dolldy. . .
Griffin, dear. . . .
•Macon, dear
Montleello. doudy. . .
Newnnn, doudy. . . .
Home, foggy
Hpartanbtirg, p. doudy....|
Max. Min.
W
ill
RANGE OF NEW YORK STOCK MARKET
-I«m1 Conner
American Hu gar Itefliilng
Atlantic ('oast Line
Anaconda
American Locomotive
do. preferred
American Hmelliiig Itefliilng
do, preferred
Cotton OIL...
.oi.iimoio Tfinl Ohio
Brooklyn Rapid Transit
Canadian Pacific
'olorado Fuel and Iron
Central Leather.
do. preferred *
Chicago and Great Western
Chicago, Milwaukee anil 8t. Paul
Delaware and Hudson
Distiller's Securities
tlo, preferred *.V.'V.**.*,'!’
General Blecftic *
Illinois Central ]
American Ice Securities ’
Louisville nml Nashville '
Mexican Central * ’
Missouri Pacific
New York, Ontario mid Western ’
National Lend '
Northern Pacific *
York Central *
Norfolk and Western ’'
Pennsylvania "
People’:
Pacific Mall
Rending
Rcpuhlb
Hock J sin m I
do, preferred
United states Rubber
do, preferred
Southern Pacific
Huut lieru Railway
do. preferred
Hluss-,Sheffield
Tennessee Coni nud Iron .
Texas and Paelflc#
Union Pacific
United States Steel
do. preferred
Virginia-Carolina Chemical
do, preferred
Western Union
Wabash
do. preferred
Total st«K*k sales today 1,233,600 Kline
li«5flOW4
imi
sst
..»Mr
b'."c
4l*i
I66V3
"'/I
206 %
, .CTogjPrei
Ia*w ( CFselPId {Cl's*
104*4 104Vh| 101HI ml
IS6V2 LWW| m\
108*1
!18v» 119
7614 Tl% 77'
92 91
20 20
.... 47 47U
26*4 26*4
M 61 517*
21!
»d*4
an%
NOTES OX UI< A IN
Pclntors on Previsions.
id rathe
omul pre
couple
small. 'One IimiiI op
a Unit 250,009 short w
others snuill aiiiounts.
• There may be s«mie further liquidation
of wheat today, but prices are getting low.
Would buy wheat on breaks today for a
scalping turn, nud wo might get 11 very
lair upturn.
Wheat fairly stuhliorn so far. Koine com*
mission house buying and local shorts also
coverlug. Kelllng mattered. Moderate re
action due any time now.
All the wlw.U which would cause nuy
pressure Mias l*een sold and taken by a
lew local shorts, who arc working for an
ad va —
Country <
unmlNslon Im
Koine pressure 011
In sight, nud shorts at
i-oru.
RANGE OF THE COTTON MARKET
AT NEW YORK.
Jan. . .
Feb. . .
March. .
steady.
9.16-20
9.21-26
9.40-41
9.45-47
9.50-51
9.57-58
9.62-61
AT NEW ORLEANS.
Jau. . .
Feb. . .
March.
9.811 9.851 9.81 9.84
9.50 9.511 9.41 9.51
9.50 9.50 9.37 9.41
Closed barely steady.
ii
9.57- 89
9.49-60
9.61-53
9.51-62
9.57- 68
9.62 61
Anaconda
Atchison
Canadian Pnelfle
Cldc., MIL nml Kt. Paul
Brie
Illinois Central
Louisville and Nashville. . ..
Reading
PennsyT
Koulhern I
Union ratine
United States Steel,
do. prefer
lia
1SS«i
41'*
76>i
MM
mu 16674
lHStJ
44*4
176 <4
n:,%
134\
138*4 WM
«•**'■ S»* J.
Wil&ON,
ssLfflu
DIVIDEND DECLARED
BY NATIONAL LEAD
By Private Leased Wire.
New York, Aug. 16.—The National Lead
Company declared the usual quarterly stock
• , *- Y -• 11 11 Its preferred stock
••million stock today.
Tnlhipooi
Toccimi, clear I fsl ! 2V I
W.-.l I'nlnt, rlnmly, . , .1 81 I 71 I
•.Minimum teiuperntures are for tin*
hour period muling at 8 n. m. this date.
CENTRAL
STATION.'
New Orb*
Oklahoma
Dlst. Average*.
92
ill
m
K
I « I ’t
Kn v
V|< ksburg.
Wilmington i m 1 •• 1 • —
T Indicates Jinumretinble rainfall.
REMARKS.
Light to moderni* rains love (alien lu nil
districts e» T*t III the Little lb*rk and
Memphis dlsi.b ts. Very little change has
occurred In the tempej-Ht
■MEETING postponed
UNTIL THE AFTERNOON
IhumiIh uf <1Ir.
w. W.-Th.> imM'tlni:. "f «<•
,tnr» of tho I ill '" I
_ Pnelfle couipnnb'S. whlen
were to have been h Id this morning, will
nrobnbly not be held until Infer lu the day.
It him lo-on fmiml Iiii|io««1Wo to ohlolit it
iinnrnm. owlmt to tlw or K it.
Wnrrllimo nml .onto of tho othnr.
oortti of Mi* Mfot. hrothor of I ri**ntPitf
WHonx of ttu* Itt’lowitro nml
pi: ny,
fATFIt'--At offfro, of T'utou IMftltl* ntot
.OoHtltrrlt Artflo. If I- «S'*%s:
will |b* to* III iPRnnl to "IV-
IdjOMl, f<*l»T*
GEBERT & CLAY
" 1 ST.
6
DONOft.
COTTON. CRAIN.
correc. provision*
MCMDCRftt
ATLANTA. OA.
New York, Aug. 16.—Another drive wns
made nt the cotton market this morning
that forced prices alsnit 8 ^adiits lower
than yesterday's figures liefon* there was
enough short covering to stein the d*-
ellue. On the break, the most extensive
buying that has Iwen noted at all took
plan*. Not during the entire running break
from 10»4e to tile present figures of prae-
tb-ally 9»;c has there liven ns heavy an
absorption of eoutrnets as the buying that
went on below 9.5) for December during
the day's weakness. It may be that this
taking of shorts and that new cotton, to
act as a depressing Influence, will Is* lorlh-
coniing from other sourees in such volume
ns would completely offset nud ueutralUa
the present buying inoveiiieut. We say It
may be so, but the buying today wns of a
kind to lend conservative Interests to re
gard the decline ns havlf * reached a point
where It would be well V halt an Instant
nml take a new view of the situation. The
season has not advanced to a t»olnt where
the crop is assured beyond all permit vnturc,
arid the present level In New York repre
sents 9c lu the South, a figure that may
lead to u rather less mm-shUn! .progress of
prices. It looks a great many ns though
prices hud about reached a figure where
much more conservative selling would Ih*
the part of wisdom. In fact, mnuy look
for something of a rally.
New York, Aug. 16.—Broadening further
todav mmer llarnimnt leadership, the stock
market Induced a more extensive outside In
(crest than tor some time, and. the strong
tone of the list Hind** the shortage quite
nervous, so that ninny bear stops were
caught on the way up.
SELLING WAS HEAVY
- BY BOTH SIDES
New York, Aug. 16.—The Sun says: “In
fluenced by unexpected weakness nt Liver*
pool and heavy general selling for both
sides of the account, cotton prices de
clined rather sharply yesterday, nud nt the
close the tone was barely steady, with
the final prices not far from the lowest
of the day. Heavy rains occurred at
some (Miluts lu the eastern belt, and light
scattered showers were reported at a few
points in Texas, but lu the main
consider
• bullish
parts
I ri
ot her seeth
s said to I
Hough has
the generality of the trnde to abamb
Idea that the crop Is destined to prov
of the bell where th
deteriorating nothing
reported
ltIouIi
the
large one. However this .u.
ir aide Is the popular one. This of Itself
may bring about a rally when least expect-
ed. Yesterday the former bull leader sold
freely, nud prominent spot lute
lllng. New Orleans and fore
id selling orders, and a I am* the mil*- buy
ing wns to cover shorts."—Ulbert & Clay.
THE COFFEE MARKET.
New Y’ork, Aug. 16.—The coffee market
opened steady nt nn advance of 10#15
points higher on Kuropean cables. Trading
was a little more active than recently, am
prices held steady to firm during the
instil with the market about lo#15 point
net higher in the early afternoon
for the first half of the session were about
36.000.
th;* opening range nud
ls«s best sellers of
May. Not a bull
i* covering. Ubb-
r ..It a ginnl demand
for May at 34c and Recomlter at 02c.
Provisions Strong nud higher. Packers
buying Inrd and ribs nud looks as thou.gh
they were determined to market th.dt*
produet nt higher prices. Cash trade good
for lard and meats. Cudahy Parking Com
pany paid 9 for September ribs.
Private Wire to Giliert & Clay.
Chicago. August 16.—Wheat new
nothing bullish. Cables are ludlffc
weather fine.
The Record-Herald says: “Chicago has
received nmre wheat during the first half
of August thitii during all of August last
.vear. Arrivals for the first fifteen days
nrs. compared with
t. 1966. The quality
surprising Improve-
Out of tho receipts
this month to date. 4.316 are contract,
agslust 2.168 for nil of August Isst
WHEAT OPTIONS
ACTEDJJUBBOHN
The Opening Was Weak at a
Small Fraction Lower
Prices.
SHORTS TOOK PROFITS
this
4.90) for nil of Augui
shows an even more
than quantity.
North Dakota; 75,Oo0,(DO in Minnesota and
50,000.000 l» Eolith Dakota, lu 19Ti. Min
uesota and the Dnkotns raised 2’.*9,15LV
CHICAGO CAR LOTS.
Wheat..
Corn.. ..
Oats. ..
Hogs.. ..
LIVERPOOL GRAIN MARKET.
Wheat - Open He lower: 1:30 p. m., tte
ower: closed lower.
Corn—Opened »ie lower: 1:30 p. in., tte
ower; closed Hflttc lower.
COTTON SEED OIL MARKET.
Nrw York. Aug. 16.—Tile
ton
•d oil
rtlve
hleww m«WmUW presuww ««
list ii lit deliveries; which .sold at the
it prices yet touched. Recent Im
provements III cotton estimates, favorable
“icr conditions. Increased offerings of
•II and the heaviness lu Inrd have all
ii gainst the market, lineal sentiment
Market Reacted iu Late
Trading and Fully Recov
ered Early Loss.
By Private Lense-l Wire.
Chicago. Aug. 16.—The markets nil rleaefl
quiet With the talent not diaixisctl to do A
great deal ol LihIiics* and (lie number of
outsiders suiiilf. Closing prlcea show:
Wheat '.f/tte lower; corn tt'&tte lower,
oats off HQ ^e and provisions Irregular.
Cash sales were eleven loads *if Whe
at the
i trf eoru i
wheat,
.il 100.08) bushels of ont«
nciibnard. and H.O09 bushels of whetit,.
bushels of corn and 6O.O1)) tmeheii
of oats at Cltb'Hgo.
The estimated shipments from .Vgeuilifi
(or the week are LO00 % 0OO bushels of vrucnl
and 2.200.000 bushels of corn, computed with
1.672.000 am! 2.543,000 bushels n year rgo,
re«pi*etlve|y.
Primary re<Sdpts of wheat 934.000 Imsh*
els and corn *14.099 bushels, compared with
672.000 and 183.090 bushels, respectively, a
year ago.
CHICAGO GRAIN MARKET.
Open. High.
?4
.... 44H
May 46
OATS—
Kept 3074
Dec 32
m
. :vi
4S
4I>4
in!
4!<4 4itt 41*5
44% 44** ’467*
888
Kept .. 17.27% 17.37% 17.15 17.27'% 17.20
j«w...: it.ivX um ww VIM IIM
LARD-
8.73%
8.80
7.95
Sept...
8.72%
Oct.... 8.80
Jan.... 7.92%
KIRB8—
Kept... 8.90
8.70
8.75
7.90
8.70
8.75
7.W
8.67%
8.78
7.87%
9.00
8.93
8.72%
7.30
8.95
8.92'%
8.70.
7.27%
PRIMARY MOVEMENT.
I u
New- York coffee market to-
Opening
Range. Cl
..7.15-7.20 7.30-7.35
Kew one ms. Aug. M.—flic Vim-
rut: “With the rings on the
*w*wstn»t«f was a gain lu his
glory, and yesterday's market
depressing In
• he.it the development of
authority that
llarrltitaii stoi-ks will be taken ii
milde prominent, and. Judging from
formation eheiilaitug. the Morgan
wit I have a good turn, following
other minor prnil s.m.loes will lieglu
lions, provbbsl plunging Is
id
tile In
advice
nud
elemei
oil.
ry bullish on Its
to think Stamicrd on
the mill ket. Klgus
this are not wiiutiug. but as
market Is yet professional we ibiuk «•
servatisui should permeate operations
tb * e*iv trader, who may expei*t frequent
reeessto
u»t any tisi giMMl. but spin-
the most dlsiuterestiNl people
“ fly. the game was
Is l
time. The conservative element I
a reaction is due on general prii
blit would plucc very little faitli i
permanency of nil advance at this
The student of the staple, howevo
lu the growing short Interest an early
return of the speculative conditions exist-
lug nlMiut two years ago. The lower the
price, the smaller will be the Kontemlier
moveiip'iif. and restriction then will send
many nn Ae•rust brave to cover on the
Jump. Meanwhile, room traders nre work
ing mid talking hard tor a further slump,
mid the wise .men are wise III avoiding
s»|oii of a decided o|dnlon."—Ware
ft Lclnnd.
time,
earls
LATE NEW8 ITEMS.
Union I’4i el Tic earnings for the year end
ing June 39, surplus overcharge Increase
•*» 4l«,ri0: Southern Uaelrtc for year ending
June 39 surplus overcharges Increase $6,-
May
.lime
July.. .. ,. .. .
August
Kept ember..
October
November
December
Closed steady.
7.2 ...
, .. . .739-7.40
7.40 7.45
T. 15.7.50
7.60-7.69
.. ..7.65
6.807.09
., . .6.85-6.96
.. ..7.00
7.057.15
7.10
7.65-7.60
7.69-7.65
766-7 70
7.00- 7.06
7.00- 7.05
' '5-7.10
, f 19-7.20
7.20-7.25
flnaiielnl plan eon templates Issuing f25,000,.
090 common stock nt pur to ■fockbuldc
which would I hi nlsmt 29 per rent of their
would make the right*
litdc*
the
change
This Is
curlier suggestions, whleh ...
Issuing of mi equivalent amount
SOUTHERN EXCHANGE
Oldest EMnbll.hwl OtTIce South.
COTTON STOCiS—BONOS - GWIN
Ground Floor Gould Building. Dally
market left^p ond market manual
mailed • n nppllentton.
A
to be £(mmI mitho
sfn
L. J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, 6RAIN
Correspondent’s Capital $250,000
RCFERCNCE. THC NEAL DANK j
PHONE 1AtT. PRUDENTIAL BLDG
GIBERT & CLAV 0
DAILY COTTON LETTER. I
us, Aug. 16.—Influenced by the
\meruN.ii mnrkyts, options Ir
t the strength that they earlb*
llsplayed i
points. K;
|MHUtS lov
.Pi. net loss of 6
*t sales were* 6.090 bales at 2
V. I'abb s were lailllshly In-
some were of the nplubn “ ‘
»l the market had been re
As later developments | roved, the
only s'»p|s>rt In the early
was the quantity of buying
| HUBBARD BROS & CO, Sis
Atlanta Office., 219-MI Century Bill'd lug.
Members New York Cotton F.xchenife. 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 shove exchanges.
Direct wire service. Correspondence invited.
Phones 4M. Long Distance39. A.S. Husfnre. Mgr.
that
••tail,
nmrkt’
turning trading
►Tilers nt 9.60
prices broke
but little difficulty
•need iu lorelng vnlue* to m*ff
PP As n remit of flic decline doubt*
•x- ♦ Ii*. »'.istlng short Interest has Iteeii
otislilerably Ihereawd, but «on side ring Die
PRICE CURRENT CROP REPORT.
Cincinnati. Aug. 16.—Rains unfavorable
for oats threshing, damaging grain lu shock
but beneficial to com and pastures. Corn
crop expected fully equal to last year.
Packing 485.060. against 315.000 year ago.
THE SUGAR MARKET.
By Private Leased Wire.
New York. Aug. 16.-Uwnl and refined
sugar steady nud unchanged. London beet
sugar August 8s %d, Hcptemlicr unchanged.
The following figures give the primary
movement of wheat and corn:
Wheat—Receipts today •31.099 # bushels,
against 672.009 bushel* Inst year: shipment*
today 633,000 bushels, against 634,000 bush*
r Com—Receipt* fiMlay 414,030 bushels,
against 49.000 bushels last year: shlmuetit*
tishiy 443,0i)O bushels, against 012,000 bu*0-
NORTHWE8T CARa
CENTRAL BANK & TRUST CORPORATION,
CAPITAL $500,000.00
If you contemplate opening a now account, or changing your pro.ent
banlilng arrangement, and wiah to connect yotiraelf with a strong, eonaenr-
atlve bank, fully equipped to .erre you as your business J istlfles, ire
Invito you to call and talk tho matter over with ua.
At. G. Candler, President.
W. H. P.tt.ra.n, Vic-President. A. P. Col.., Ca.hl.r,
John S. Owon., Vico-President. Wm. D. Owen., Ant. Co.hler,
Fmnk lltwklua Preabh-nt.
S I. M. Atklnooa. V, P, Tmu C. Erwin. A«t. P.ohter,
ow>pb A. McCord, CiiMw, It. \V. Ryera. Aaat. Cartier.
Third National Bank
Capital
Surplus
. . $200,000.00.
. . $300,000.00.
DIRECTORS: j. h. Nnnnnlly.
i. Cnrmli iSijrn*.
B. 11. ltrwr.
David \Voodw«rd.
ATLANTA NATIONAL BANK
ATLANTA, GA,
C. e. CUnniER, Pre.ldent, A. E. THORNTON. Vlee-Prcsldent.
H. T. INMAN, Vlee-Pre.id.nt, GEO. R. DONOVAN, Csehler.
JAMES 8. FLOYD, A.a’t Cathler.
Capital ’ $500,000.00
Surplus and Undivided Profits $500,000,00
We Solicit Your Patronage.
WM. L UKRU rre*ld*nr.
ROUT. F. MADDOX. Vlce-Pt
TIIOR. J. PBBULKS. Cashier.
JA8. O. I.KSTU.R. As**t Cnshb
MADDOX-RUCKER BANKING CO.
liter.
tUrengli tl»U oltstacb
|H*I 1**11
li
entl.e
tlwk Ejrl).n«».|N>w Orlenn. Cotton Eactisnse.|Chlrii»fli BmjjI ni' T™'. 1 '-,,
*nd L.n« Di.Unci'Td.phVnTu^ R. FAGAN, M.n.nrt
If their iHtdtio
that «nly a cron scare
lltl effect a d
affecting the
cfer could
Ih*|» R ai»|HMi
well taker
leitlable c
meat. However, at these levels n spirii
of roiinerv.ltlilil will In *11 |»r»»lNtbl||ty |We-
, -*ji. ft-r the trad** Ibis »i.»t as vet ln»co»*e
usN>nie<| to the Idea that Ueclluc* can be
Iudefinitely cuutlnuwi.
*trw Orln**.
corroN^GRA^, ?rovisi5ns!Stocks 1 ? BONDS,
2 Will SI., him Bliliht, Mtilt. Cl.
IIMtn
r«t coin «/(„, a.irj ji r.rt.
B ,» Crlim C.crtift. Slick tulmi.
’limit CHtll SuhIiIIi*. fltS Catflt tidoff.
flint* wilt11. Sew tuk, *«» Orlllil, CM,,,, •• C. COTMKAN, Witiirt.
Mill hin MM- Stnllri rhneSV.
$200,000.00
$500,000.00
CAPITAL
SURPLUS AND PROFITS . .
ACCOUNTS INVITED
Wo invito accounts of individuals, corporations, banks
and bankers and offer the best terms consistent with
conservative banking.
of 3 1*2 par
A