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THE ATLANTA GEORGIAN. FRIDAY. AUGUST 17, 1306 edited BY | JOSEPHruveltI THE GEORGIAN’S-RECORD OF MARKETS AND FINANCE Mr. Llrtlf'i 25 years* experience >f editing market* In Attnota ami the South hns made him a rec ognised authority In hla apeclaltj. -J) AT SHARP DECLINE Due to a Weak Set of Ad vices From the English Market. a STARTED NEAR HIGH After Which Prices Were Steadily Forced Lower on Heavy Selling, e I.onwil Wire. •rk. A tig. 17.—The cotton market oak mill <$10 lH»Int» down on the break In the Liverpool innrkot and atop- ***tho dill. t^» Hat aliotv H a ' erlug. • tie ou_ lagging affair. l.lvorjKMil furnlahoil the cue, parly ml- rices from Unit center allowing decided weakness In lH»tli spot nnd fntnroa lit the itnrf. though part of tin* iloidlno wna re covered at tliP idopp, whlidl wna unchanged to .1 |M»lnta down. Snot wna quoted 5 point* lower nt 6.61d *or middling. i'lidor Hip Inllueiiee «4 Liverpoola wenk- nes*. Now York at tin* opening showed • decline of MilO piduta and with only •light iM-eualonnl rnlllea prices continued * “ the apaalon. largo Ml** Giles’ condition report of 82 iltlumt stimulating off«*ot, the rent her off aot ting if. t> to and Inolndlng today, the amount a jr«i •or feet NEWS AND UOSSII' Of the Fleecy Staple. Private Wire to Gllicrt A Flay. New York, Aug. 17.—1,1 ror|mail opouoil 3 down. Man exported 1%$2 up. Liverpool any*: “At the opening, nothing offered; innrkot steady. owing to good ro- tairta froui New York. It wna affected unfavorably liy selling of Egyptians mid prominent firm Bolling nnd allowing reimrts of crop prospert* aplrndtd. Buying very limited, t ontineiit aolij very fr«*elv.” Price hna taken ndvnntnge of the mil* eel la neon* abort liitorest III October, nnd trying t<> boost the market. Taking buyers mi n basis last few day*. It la n.moat certain Miss Giles’ rnport will la> bullish. If in rumored MeFndden has sold 12,009 lislea of spots out of tooit! stock hero. The Journal of t’oiiuuoree says: "Iluyeri In the primary market wore leas oncer for gtKMla for the day. but the relative falling golnj trading is limited In ninny directions bv the Imi'dllty to secure good* for quick delivery, mul then* are ninny thing* that show tluit large quantities •f goods will lie wnuted before the first of New York wire*: “Crop conditions ex cellent; balks like n bumper. Kplnners in different. Expect much lower prices.” Covering by antlsflial shorts enualng steadluesa. Market docs not look healthy, on er prices it re expected, v York wires: "No pressure here to- feeling Improving: go«*l spot liuslneaa; ■overlng would give sbsrp rnlly; think ripening for same; looks like Price is n Mg buy “ Today ..ear nn. .... in the western belt, and nlternnte cloudy mid clear, with showers on the const lu the eastern states. The weakness of Liverpool and such ex cellent weather conditions should strougly Influence lower prices. Mitchell offers 5.WW January nt 9.45. Room traders are trying to break the market on Miss tilles’ reja»rt on the theory that considerable cotton has been bought lu anticipation of It. lu sight for the week, compiled by Super intendent King. New York. I* 58.808. against 80.025 last week. For season 10.097.8 against 13.542.748. PACIFIC STOCKS MOTION Declaration of Dividends'on Two Pacifies Caused Excitement. ORDERS WERE TO BUY Sensational Advance in Un ion Pacific the Result. Others Irregular. SPOT COTTON MARKET. Atlanta, quiet at 10%c. New York, steady at lO.SOr. New Orleans, quiet nt 9 16-I6c. i.iverpool, steady nt B.Sld. Augusta, quiet nt 10*ie. Sivauunli, easy at 0 ll-lSc. LIVERPOOL COTTON MARKET. Private Wire to Wn .Vow York. Aug. quiet 1 up • 11.111 i.sw. mm receipts 2,000; American 209. Future* opened steady. Opening August.. . . August-Rept. Hept.-Oct.. . . Oct.-Not. . . Nov. Dee. . . Dee.-Jan. , . Jan. Kelt. . . Feb.-March. . March April.. April-May. . Range. Prevlona rinse. 5/27 6.23 Close. ...5.28-5.25 6.57 . .5.25-5.21 5.28 ..5.18-5.14 5.15-5.16 5.1G ..5.17-5.11 6.14 6.15 .. .5.18-5.13 5.14 5.15 6.16 . .5.20-5.18 6.15 6.18-5.17 ..5.21-6.19 6.16-5.17 5.18 . .6.21-5.19 6.16-5.19 5.20 ..5.21-5.19 6.16-5.18 5.22 . .5.25-5.20 5.21 5.23 CHICAGO CAR LOTS. Today. Tomorrow. TODAY’S PORT_RECEIPTS. ■ fallowing table shows receipts at tht Charleston, b'linilngfon Nerf.dk. . , Haitiumre. . INTERIOR MOVEMENT. The following table shows receipts nt the Interior towns today, compared with the ».v.up dny last year: Munplil*. i» A Lein mb 17.—Liverpool opened ; 2 uii on late. At 12:15 2 ‘to 3 down nnd easy; sales 5,000; spots 5 down nt 5781(1. Futures were due to come iff2 up. The New York market Is dull but very stendv. There Inis been enough buying to take scattering offerings off tin* market. Seems to have a better tone. Look for some rally, but until conditions change would sell on bulges for sculp for the time HI. Missouri, Ar- port In conditions is mul the Territory far Is enough concerned, excepting again had nn excess of moist ure. This has given rise to complaints of too rank growth ' stoppage of fruiting. this nt all seriously, as the.. fruit now on the plants, am! with normal weather, permitting maturity, we believe It It to the advantage of the growing crop. As Indicated In former letters, the cotton crop lit the territory named has developed very satisfactorily during the end of sum mer, ami prospects for a gijod out-turn still hold good nt this writing. New Orleans. Aug. 17.—huorts are tak ing profits freely, and the market Is steady In consequence. Hulls nrc. offering no support, although both New York and Liv erpool have been wiring bullish messages ^ Liverpool cable's: “The market Is depress ed In eon sequence of bear movements. ' Weather map Is favorable. Little rain and moderate temperatures the cotton belt. II of THE WEATHER. LOCAL fOKECAST. STATE FORECASTS. lii'orgl.1—Fair .toulfbt; local rain. Sntur- Miiuth rornlliin—lawnl rnlua tonlfbt ami Sat unlay. Alabama—Fair tnnlitlit ami Kali inlay. WEATHER CONDITIONS. Fair weather continues nt most stations, but showers have occurred In the pnst 24 hours in the Ohio valley, on the south At lantic coast ami nt scattered stations In west. As a role the amount of precip itation Is light. Thunder storms occurred at quite a nuinlier of stations during Ihurs- ftTe 1 pressure continues lint nnd sluggish of movement. The barometer Is highest »*r New Knglnnd and lowest In Montana mul on the coast of California. a rule the temperature ha but little. , , . ' favor the development of local thunder showers lu tills section to night and Hutnrdny. changed PRICE OF COTTON SHOULD NOW GO UP ! *'» The Georgian. » -ta. Ga„ Aug. 17.—"The price of cot- l ' -is low now ns It ought to go." 'I o'lhiwd yesterday, when asked 11 opinion ou the cotton question. Mr. .*• oldest man on the cotton wtr. nn! he declares that the situation Is wnous. nnd that the price ought to go vi* that Hie condition In some re- Georgia link lieen misquoted." >y. the prjee fell He. and now Is quoted nt 10%«* for middling, lower than the price Inst year at DIVI LENDS DECLARED BY TWO PACIFICS fiv Priv.it* Leased Wire. .. Vork. Aug. 17.—Thu* Rout hern Pit- hns declared a dividend of 2% pet eonimon stoek. This Is the Karr T■;Glon*| ever paid. The dlvblcnd is tv' 1 ,M ‘ semi-annual. 1’nelfle has announced n neml- eonimon i turn* i ... 1 "’(o' an non i S"‘ dividend of 5 per cent ~ ' Gic regular «-*ml-annunl dividend '■cut on its preferred stork. WEATHER IN COTTON BELT. Texas—Houston. Dallas and Han AntonU clear and warm. Tyler and tort Wortli clear and Imt. Mississippi—Holly Springs. Aberdeen, Amory, Tupelo and New Albany clear and ^*AiaI»ninn—Montgomery clear and h«it. Mo Idle and Opelika clear aml.wanu. Helmn pnrtlv clomly and warm. deai By Private leased Wire. New York, Aug. 17.—The dbdaration of a dlvblcnd of 5 per cent for the half ycur on L'nloii Pacific stocks and the nunounre- meut that Southern Pacific had liccn placed 5 per cent Imais, were the niton lull ing news which greeted Wall street flf- teen mlmites after the opening today. This, with the sensational price movement which followed, will rank the whole episode ns one of the most remarkable In the history of the stock exchange. The utmost that had Im»cii expected on Fnion Pacific stock up to the close of business yesterday was dividend nt a rate of*7 per cent n year, nnd with some sort of extra distribution. Instead of this, the stock Is placed square ly on n 10 per cent basis, nnd the extraor dinary If not unprecedented fact confront- <*d the financial community this morning that Fnion Pacific shares. If measured by the sice of other high dividend plying Is sues. was selling anywhere from sO to 60 points too low. lu (he nine of Southern Pacific, the possibility of readjustment to the other stocku selling higher and paying smaller returns was hardly less. It was small wonder, therefore, that the whole mnrket should, for the time being, have been struck with consternation as to what effect the news should have. Tin* rest of the market sold off. But the uncertainty lasted only for a brief Interval, nnd then came a rush to buy converging upon the Pennsylvania and “eel shares, but also extending luto other quarters. There was nothing to the market today nt the opening of the stock cxchauge, ex cept Southern Pacific slid * Fnion Pacific. The opening showed a gain on the closing prices of last evening. Fnion Pacific dosed fast night nt 162H. Southern Pacific opened at ttff&IVt. ami iN'tweeu them* figures 4.030 shares were traded lu. It closed yesterday nt 8246. This morning there continued some profit-taking 111 the leaders. The genera! notion was that l'nlon Pacific ami Southern Pacific were selling high enough on the basis of the most sanguine expectations as to dividends. There was n great deal of dissatisfaction over the fnllnre of the dlrec- tors of the l'nlon Pacific to announce the semi-annual dividend yesterday. There was said to Ihi entirely satisfactory authority for the statement that the dividend on l’nlon Pacific common stock hns been fully decided upon, nnd that poller With re spect to the dividends on Sontlipru Pacific common hns also been agreed on. In some circles It was even claimed that the dividends ou Southern Pacific would la* at the rate of 5 per cent Instead of 4 per cent, ns ha* been commonly reported. The balance of the umrket movements were Ir regular. There was no need of gossip to account for th« trading movements todsy. The facts were enough, snd when the official announcement was made of the declara tions of the Harrlinnn dividends the trad ing In these stocks was more exciting than has ever been noted *>0 the exchange, t broken — stocks nt the rushed to buy for their own ncoitnt. nnd after them came a struggle to cover large lines of shorts. The two crowds becamedtowllng. surging masses nnd little attention was paid to prices In the execution of orders, l’nlon pacific rose 8H points and Southern Pacific 6 points, bet Irby fast stiges. Next to the llnrrlni-n >stocks the great est strength was shown In Pennsylvania, wlib'h rose 3»4. Price changes lu the ma jority of the stocks were Irregular nnd un certain. . . ^ . Government lemds are unchanged. Other bonds active nnd firm. LONDON 8TOCK MARKET. RANGE OF NEW YORK STOCK MARKET Amalgamated Oonner American Sugar Refining Atlantic Const Line Anaconda American Locomotive do, preferred American Smelling Refining., do. preferred American Cotton OU Baltimore and Ohio Hrooklyu Rapid Transit Canadian Pacific Chicago and Northwestern Chesapeake and Ohio Colorado Fuel and Iron..., Central Leather do, preferred...’ *. Chicago and Great Western Chicago, Milwaukee and Ht. Paul Delaware and Hudson Distiller's Securities do, p^«lr^V.V.V*V.V.V.V.V.V.V.V. , .”. , ."irr*VI General Electric./ Illinois Central American lee Securities \ Louisville nnd Nashville Mexican Central I Missouri Pacific.. New York, Ontario and Western National Lead...... Northern Pacific New York Central Norfolk nnd Western Pennsylvania People's Gas Pressed Steel Car do, preferred Pacific Mall Reading Republic Steel Rock Island do. preferred * Ited States Rubber do, preferred Southern Pacific Southern Railway do. preferred. Sloss-Sheffb'ld Tennessee Coal mul Iron Texas and Pacific Fnion Pacific United States Steel do. preferred Vlrglnln Carollus Chemical do. preferred Western Fnion Wn I hi sh do. preferred Wisconsin Central .’ do. preferred — Total stock sale* today 2,529,830 shares. Total sales I n on Pacific 468,800. TIPS FLASHED From Wall Street. day » .. . 26 28*4 25% W\k 61 6H{ 61 | 61 lei fie 603,100, Southern RANGE OF THE COTTON MARKET AT NEW YORK. 11 n 9.27-29 9.31-82 9.37-38 9.57-58 9.62-81 9.68-69 Closed barely steady. AT NEW ORLEAN8. rlvnte Wire to Glbert A Clay. >• York. Aug. 17.—Mnrshall, Spader Whatever the market may i|o to ur tomorrow under existing lu es we shall consider tile time right for long commit incuts on any good op portunity. Wo believe fundamentals are strong ciiongli to domlunte casual Hi- ItueiiiH's and hmk Mr good support to the market and higher prices. Dcw-Jones A Co. say: "Fnion Pacific de clared R per cent dividend, payable semi annually. Bur Kt. Paul for a turn The Vlfinueiat Bure in says: Because the action lu regard to the Ifarrtinnii Pa cific* a* r« dividends hna been tfostpoms! I* no reason why the stocks should de cline. for It Is practically certain that the dividend on l’nlon Pacific nlll lie raised, nnd flint the Initial dividend on Southern Pacific is near. This group Is only one por- tlon of the stock market, and there arr nt present no Indications that the Hnril limn |Mirty has relinquished Its bull ihisI tlon; lu fuel, we understand scnle-dowti buying orders will bo met front llnrrlmnn Interests on extension of recessions. We think the Morgan Interests may now lake up their Issues, for g«>od buying bus lieeti Inking place therein, nnd Morgan broker age houses of exclusion are bullish the list. We continue to believe In the policy of siMM'lalty Improvement, which seems best In view of the money status, while ns fo the general list we wonhl maintain a neutral position, and try for short turn in stocks that appear vul nerable. but only selling them when strong. We would remain conservatively hopeful is regards the general mnrket. The declaration of a 10 per cent basis nnd i 6 |H*r cent basis dividend for l'nlon *' Mr and Southern 1‘nclfte. whleli nn. . wild excitement eti the floor, while being rltlelsed for the manner of disclosure. Is regarded throughout the street ns one of he strongest bids for pupllc Investment nd speculation ever made In the street, and It Is Indleved that, money (icnulttlug. one of the greatest markets witnessed will pfillsed In the not distant future from |adley of bunking elements In'IiIiuI the prices. There Is talk of nn Increased dividend In Pennsylvania. Private Wire to Ware A Lelnud. New York. Aug. 17.—London heavy Vn# *4<‘ lower. Russian news less reassuring. New St. Paul stock Issue of $25,000,000 permits holders to subscribe for 23 per ent nt nnr. At 187Mr Mr stock rights are vorth 618.25. Following a weak close, further renc- flops call lu* expected, although there Is no doubt of Southern Pacific going on a 4 er cent basis, and that Fnion Pacific dlv- ileml will be Increased to 7 per cent. Poppers and Sleds will Iwcome more nc- .Ivo on greatly Improved trade condition*, and If sold down can be taken oti, along Itti Atchison. Missouri Pacific nnd other nr-prlccd rails and Industrials. A good bank statement Is cxiicctcd. tint loney Is held very stiffly. TO COVER EARL! Caused a Shall) Upturn in Wheat at the Opening Todav. CABLES WERE STRONG Sept. Oct. . Nov. , parity 'lilted States revenue between July 1 nnd August 16 Increased 69.68fi.79L with no In- reuse In cxnemlitiires. Reports of terrorist disturbances from Russia on an Increasing scale. Steel sales agents rc|»ort* extraordinary euru- deuinml for raw material. Intel borough Metropolitan Is ng full dividend oil pi~* * Stin ks plentll |il III To Closed barely sternly. Anaconda.. ! . 1 . . TT Atchison Cnnifflfan Pacific Chic.. Mil. and St. Paul. Krte Illinois Central Louisville nnd Nashville. Reading Pennsylvania Southern Pacific.. . . . Fnion Pacific (’lilted States Steel.. . . do. preferred mmm .ilMWIMHIt#': . lxi iirr-'iint* BEARS CONFIDENT OF LOWER PRICES Ni-w York. An*. li.-Tho Ron «ny«: Cotton rallied from an early decline, and euded at about the closing prices of n ed nesday. The recovery was traceable large ly to covering of shorts ami more or less new hiiylttg on the theory .that a rally was due after the severe declltl; and dras tic liquidation of late, especially ns the short Interest Is considered large. pi*d sent mane what better rttlvli expected, and the market here < shade higher. But leading In term sold freely, and prices whiii weakened nml declined with room traders sidling. Spot interests sold, too. and the South sent large selling orders. The weather was fa qiened COTTON REGION BULLETIN. For the 24 hours ending at i a. m., 7 nieridlnii time. August 17. 1906. Huntsville and Tint. Mol die cloudy and hot. Georgia—Macon dear nml hot; nan yesterday afternoon. Americas rloa warm. - Albany clear and hot. A partly cloudy nnd hot. North (7irollnn—Greensboro clomly and cool; good rain Inst night. Charlotte partly cloudy awl pleasant; hard rain yes teniay afternoon. WEATHER IN WHEAT BELT. fintmn. Nnrlhwmt—■Unn-rnllT f "lr. *fHI> rising temperature; 42 to 64 above. Sort Invest—Flea r, generally warmer; 71 above. . „ , , West am! Southwest—Generally clear and continued warmer; 66 to 74 above; now rain ing In Oklahoma; local rains In Iowi Missouri nnd Illinois. Ohio Valley—Generally above; local rains. WEATHER FORECAST. Cmruiii. 'VMti'rn Horl.ln nml Alnlmmn— I m nl rnln« nml thiimlnralormn 1 rhlny nml Hamnlnr: , win*'., imwtlr, *'’"' h - .... Inmlnlnmi nml Prlilny and d.turday; llifht wind.. nm.ily "llnnt Texita—Fair Friday nal JSlInrMr: nmier In northeast portion trldoy; light Western Texas—I^s*al rnlna Friday nnd H Arknnws-L«K*nl rnlna Friday and Satur- dny; warmer In western portion krtday. eleor; 70 to GIBERT & CLAY " *• *T. COTTON. OR AIN. ATLANTA. OA. correc. provision* £ K sS SIS SHSIsSws L . 1-rtTRte Wlre.to.ll Cuba dim. - AfsAN u.nan.r. tnd Lena DltUnea Ttltphona 529S. W. R. FAGAN, Manaoar. STATIONS OF ATLANTA DISTRICT. •Atlanta, dear. . . U'hattnnnoga, dear. ••( ’oltunbus Gainesville, clear. . Greenville, cloudy. . Griffin, dear. . . . •Ma 1*011, p. cloudy. . Mnuticolio, dear. . . Newnnn, dear. . . . itwine, clear Spartanburg, cloudy. TnllnjMN»*n. clear. . Toccoa. «*lcar. . . . West Point, dear. . •Minimum U*m;»eratiires are for the hour pcrbsl ending nt 8 n. m. this dnte, ••Missing. HEAVY RAINFALLS. Charlotte. N. C„ 1.62 llotdenvlllc. L T - 2-00 CENTRAL STATION. ||| AS| liar legit *i Galveston Little it* Memphis. . . Mobile. . . . Montgomery. New Orleans. Oklahoma. . Snvniinnh. .... Vicksburg | 13 Wilmington Dlst. Averages IjJ m I 72 i ^ Indicates Inappreciable rainfall. REMARKS. . „e tcmi»erntures the prevli — - — higher than for !4 h*Mirs In all district*. Light urred In nil portion* ,»f tic hie In the main, and the crop reimrts were of an encouraging tenor, ns a rule, though some complaints of Insert damage. ah Aiding, etc., w— *—' southwest, latter — - « ... owing to (iivcrlng by shorts. Including some of the more prominent luemlH' ‘le lw»nr pat" ss buying by those wh entitled to, ... — . a view lu which even some of the bear* concurred. There arc few, however, • have faith lu more than a moderate coverv, nnd even that uiav not occur. The weather nnd crop reports are so very gen erally favorable that the bears nrc ap parently as confident as ever that tin* mar ket must decline to n lower level. —Glbert A: Clay. % New Orleans, Aug. 17,-sThe Times Pern- •rnt: "On the surface, the talent gave but a passing thought to the development of a distinct note of pessimism lu some of the cotton field reports and n further decline was recorded, though a mld-sesslon reaction caused the recovery of part of the loss and checked the rampant entliusl On the whole, professlonale appear bearish as ever, and the Just nliout small coui| Ing recruits slowly noiigh. Just Ill be eneonntetwl Is one of the darkest secrets of the cotton trade, but It Is fully probable that once Americans cense deluging Llverm*d with onlets to sell the stuff the foreign mar ket will evidence some kind of tbinary tendency. T dents of the staple , „ conditions to exert n beneficial luflucii on speculative values for the reason that basis broadening factors are now nt work, nnd none but rmHcals Mleve the Interior will follow option fluctuation* # bi» lim it of speculative endurance. Should the farmer again stand pat. the nhont faro will come lu short order solne day. but meanwhile selling the other man’s proper, ty Is a*very entertaining little game, nbd if la not worrying anylssly either. —Ware ic Iceland. COTTON 8EED OIL MARKET. ,, .. „ s» September.. October. November December January I steady. NEW YORK COFFEE. New York. Aug. 17.—Tin* coffee market opened nt a «ncllnc of 6f/l0 point* nnd cased off still further on one or two |*mI- lions during tin* forenoon, and itt midday were* 15 points net lower. Tin* decline wn* due to tin* reactionary tendency of the European markets, which III turn was thought to nrlse from tin* disappointing showing of the primary markets. Tra* l ‘‘*** here was much less active than tester....^, and sales for the first half of the session were nlmut 14.fl»rt bug*.—Glbert A (May. Following were the opening range and close In the New York coffee market dny: Opening Range, (’lone. 7.21 7.25-7.39 .. ..7.25-7.30 7.30-7.16 . ..7.35 7.15 7.40 .. ..7.40-7.50 7.40-7.45 .. ..7.60 7.45-7.50 , ...7.50-7.60 7.50-7.55 .. ..7,55-7.69 7.56-7.60 . .8.95-7.06 6.U.V7.00 .. ..6.9-) 7.00 ff.W 7.00 . ..6.95-7.00 7.00 7.10 .. ,.7.00-7.15 7.10-7.15 ,. ..7.15-7.20 7.16-7.2) Stocks tilenlllul lu loan crowd. Gain of banka from sub-treasury imrtlnl- - offsetting loss lu St. Isuits ami other licnt. Ive Industrials deellmMl .36 |u*r cent. Twenty active railroads dveltiuHl .71 |K*r cent. .Shipments From Argentina Small, Which Were Addi tional Influences. By Private Leased Wire. Chicago, August 17.—Wheat wa« Ir regular and unsettled. It was up early and down before the close. Long hold ings came out freely on all hard spots to develop. The close showed declines of 3^8 and l-2c for wheat, 1-4 and 3-8c for corn, 5-8 and 7-8c* for oats and 2 1-2 and 27 l-2c for provisions. Cash sales hero were 18,000 bushels wheat, 90,000 corn, 120,000 oats. At the seaboard eleven loads wheat, nine teen loads corn and 200,000 bushels oats. Clearances for the week: Wheat, 2.8/7,000 bushels and corn 623,000 bush els. compared with 1,064,000 and 1,177,- 000 bushels, respectively, a year ago. Many of those who bouglif early Were sellers late. The volume of trade wps larger In nil the pits. The weakness In corn was against the wheat price. CHICAGO GRAIN MARKET, FUJ-ngo grain and pm visions quotations Previous for today follow; Hejit.. Dec... Hept Dec May OATH— Open. 1 - MI Kb. Low. 70f4 7SY f 774! 2!» TTti S' 4*«A 47 43% U\ 14% B m a 33% 3384 32% May PORK- Hept... 17.05 Ja«.... 13.50 LARD- Kept.. 8.70 8.70 Oct.... 8.77',i 8.77*4 Jan.... 7.*7H 7 .to HIDES— Hept.. 8.97V4 8.97 V4 70* m 70}k 73)i n% U4 8.87^4 8.90 8.70 8.70 7.22V4 7.12 8.70 8.75 7.09 8.96 8.77J4 7.27S Jan.... 7.2254 7.2254 CAHII WHEAT— No. 2 rwl 7D**f/72: No. 3 do 7054671: N< bard winter 70*Af/7054; No. 3 do 6054670*4. LIVERPOOL GRAIN MARK8T. March April May... June July August . September. • •• •< October Novemlmr , December ('lotted steady. GIBERT & CLAY'S DAILY COTTON LETTER. New Orleans, Aug. 17.—Liverpool ndvlces were very immerou* and were of otic ac cord In favoring a lower range of vuliics, owing fo the Kpleudid crop prospects, the lack of demand for spot cotton ami the free offering* of both British nnd conti nental Interest*. Option* closed 1 to 2 points down, while *|Mit transactions were quoted 5 point* lower, sale* 5,000 Itnle*. Opening price* were uniformly lower, fully re*|Nunllug to the prevailing Influence* “ ItenrlMli character, but later nml up to time for the l**unm-e of the Glle* re port the market recovered the greater part ATLANTA MAFKETS. FRUITS AND PRODUCE. Officially corrected by Atlanta Fruit as4 Produce exchange. Lentous. $4.75*16.00. Limes 60 to 75c. Peaches, per crate. 61.oofH.50. Plneoppler, $1.50 to 62.50. Bauiimi*. straight*, j-*" Imoch 81.50 to 11.75. Cull*, per btiuvti, $1 to 61.26. Wntermelo**. 17.50 to 620.00 per 100; mnnd goml. POULTRY AND COUNTRY PRODUCB.- Llre bell* 35 to 37*,ic; fries 22^ to Av: broiler* 15 to 22V4c. Lira ducks, Paklfi 38 to 85c; puddle 26 to 27*40. Dressed hens, per lb., 12c to 18c. Egg*, per doxen, 20c. Butter, table, per lb.. 20 to 22Hc; cook' 012c. oney- tflOc lb.; In Mb. racks 10 eiMirted hea of the morning'* toss ou the . „ buying 111 New York, which caused nervou* abort* to cover freely In anticipation of n further reaction. The Glle* report for the half month gave the condition nt 82 ngnliiMt 82.7 on the first of the month, nnd there then ensued eon*blernble bearish activity. lie bullish. ,-—5 - iwlng of mnrket prices, con*blernble noth' Instituted, bringing with It the are looked for. SOUTHERN EXCHANGE Oldest Established Office South. conoi—slows—bonds—griii Ground Floor Gould Building. Dally market letter nnd mnrket manual mailed on application. Chicago Inter-Ocenr wheat yesterday entm -- - — - — for round lots of r«*)l and hnril winter from the eastern sealmaril snd from mill er*. Most of the bid* were $40%c out of line. Imt *nle* (n nit position* were 190,- 000 bushels Including 170,00U No. 2 red. 1ft,- OW No. 1 northern nt equal to 4%e met HoptemlMW lu store nml 10.000 mlxetl Iota. Hnlei at the *cnl*>nrd. Export bu*lne*s In IMMiaildy more, n* *» IMirto*!. There wn* lOO.ffW <Mtts. 250,000 and oat* 70,000 rhefit wn* 200,000. nnd |«.* were mft nil re- nlso 80,001 com nud L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Correspondent's Capital $250,000 RCFCRKNCC, THE NEAL DANK PHONE HIT. PRUDENTIAL DLDC Ktw Or ft mi. corroN^GRAm, ^rovisTonS.Htocks^ BONDS, flo. 2 Will St.. Often Ballilaf, Atlanta, 0a. |x*lt except 111 the Mobile district. A heavy! rainfall was reported nt Fhnrlntte, N. F„ I aiiid nuoth-r at Iloldenvllfe, I. T. Ihtrcmi Coilea Aitatjatfaa. hhate Wirt% la Hem York, Hew Orleans, CkUaqa. Hell none 12(2. Hem fork Cellee Cnckawft. f. C C01HHAH, Vanamt. Staa4er4 rkane 283. VEGETABLES.—Irish potatoes, Na 1 stiN'k, |2.5u barrel; |»er bushel, 9rt«*. tin Ion*. 61.50 bushel: cnhluige. 2c poutul. new sweet potatoes 61.50 bushel. FLOUR. GRAIN. PROVISIONS. FLbUIt—Postds Patent. 86.00; Diamond patent. 65.50; Maseoutnb Htnr, 84.65: fancy patent, 84.65; Iteil Engle, 64.40; Blue Itlbboi., I4.0UJ fancy, 63.90; spring whe-ut patent, 65.26 COilN—Choice red -ob. 76c; No. 2 white, ISe; No. 2 14c; mixed,.73c. Hltort*. white. 61.5", iinejliiiu. 81.40; brown, 61.65: pure bran. 6110; mixed hrnu. fl.05. IIA\.—Timothy. *.*U«nce large b-les, 61.10: do, choice small bales, 61.05; do, No. 1 timothy mile*, 61: do.. No. 2. $1: do., No. | clover mixed, 6L00; do. No. 2 closed mixed, W OLOVr.ll.-Cholo« »• Tta, alKirr prlci-» nr, *. n. b. Allnall, tad ■ubject to Immediate *rreptnnce. GROCERIE8. SUGAR—Standard Brnnulntrd, 15.20. New York Refined, B'q; plantations, 6V4. Mnrket very strung COFFEI’T—Roasted Arhuckle's 616.50, hulk, lu iNigs or barrels, 18c; green, 10 tu 12c. Mnrket strong. RICE.—Caroling 4V4 to 7V4c, occordlug to grade. Market very strong. CHEKHH—Fancy foil cream dairy, 14%c; twins 14c: brlek. He. Mnrket strong. PROVISIONS— Supreme hnin*. 15<*. Dove barn* 15Hr. California ham* 10^*e; Red Cross ham*. 15**. Dry Halt extra rib*. |9>7; bellb**. Wheat—Opened higher; at 1:30 p. m., ^•'i<* higher; dosed %(f%c higher. Corn—Opened uiirhaiigml: at I:3U was un- hanged and elop'd '4<* higher. NORTHWEST CARa The following flgnvua give the northwest ears today, Inst week nud Inst yanr: ’ ‘ ‘ PRIMARY MOVEMENT. The following figures give the primary movement of wheat nml corn: Wheat—Receipt* today 684.0W bushels, against 696.000 limdnd* Inst rear. Shipments tiHlnv. 239.000 IuinIicI*, ngnfuHt 457,000 bush* el* ln*t yi*nr. Corn—Receipts\ tmlay 199.000 biwhela. nagliiHt 508,000 bushel* hist yeur. Hhiptiieuta today 444,000 bushels, against 467,000 bushels last year. THE SUGAR MARKET. By Private Leased Wire. New York. Aug. 17.—Local refined nnd raw sugar unchanged. London beet Arm: August up 1H to 944<l; Kept ember nip to 6s ll*4‘l CRUDE OIL QUOTATIONS By Private Leased Wire. Pittsburg, Aug. 17.—Credit balance quota tions for crude oil of the various grade* are: IVuiiNvIvnnln 168. Ttonfl 168. Richland 17*. Hccoaid Hand 158. Newcastle 135. Corn ing 119. CalM*ll 118. North Lima 92. Prlm-e- ton. Inti.. 69, Hoiith Limn 87, Indlnua 67, Hmueiscr 87. Unghin 60. Cusey, Ills., 69, Knnsn# nnd Imllnu Territory 42. * THE DRY GOODS MARKET. New York. Aug. 17.—An active jobbing trade wn* reimrtnd today, and especially In domestic ores* goods “—** hams were advanced '^c nally ndvanelut prices nt . raw silk market. Trade at first hand* showed some halting In sympathy with a 20-5 lb*., 610.50; fat barks. 8c; plates. 8e; Hunreme lard. 10.75: Red Croo*. 10c. Snow Drift com|Hjmid, 7%c; Red Cross, 7%c. CAPITAL, SURPLUS AND PROFITS OVER ONE M6LL80N DOLLARS Foreign Exchange, Travelers’ Checks, Brown Brothers’ Letters of Credit available in all parts of the world. * TilOH. J. PEEPLES. Cashier. JAH. G. LESTER. Aw't Cartier. MADD0X-RUCKER BANKING CO. CAPITAL $200,000.00 SURPLUS AND PROFITS .... 6500,000.00 ACCOUNT* INVITED Wc Invite accounts of individuals, corporations, banks nnd bunkers nnd offer the best terms consistent with conservative banking.