The Atlanta Georgian. (Atlanta, GA.) 1906-1907, August 17, 1906, Image 11

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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