Newspaper Page Text
THE ATLANTA GEORGIAN.
HATL'IIOAI, AfOt'ST IS, 190S.
JOSEPH B. LIVELY^ THE GEORGIAN’S RECORD OF MARKETS AND FINANCE Qj
Lively's 25 years* experience
editing markets In Atlanta and
South has made him a rec
ognized authority In his specialty.
COTTON TIE KING,
He Has Apparently Been
Deserted by His Loyal
Subjects.
BULL IS A CURIOSITY
This Element' Cowed by In
dications of a Bumper
Crop.
Cotton has apparently lost all frtenda
and a bull la now a curiosity—a freak,
If Judged by the movement of prices
for the past week. Yet this element
can not be censured, for they have
been "cowed" by nature—the weather
hsvtng been of a kind to Insure a crop
for the coming season of proportions
that will leave the producer with a
heavy burden to carry, and In the
meanwhile maintain a comparatively
fair price for his product.
Today's market waa weak In all cen
ters, the close showing decided declines,
New York closing 15 to 32 points lower.
Since last Saturday prices have grad
ually slumped without Interruption, and
the close today, while at a slight ad
vance from the low point, was weak,
with the trade generally expecting
lower prices.
In speculative circles, however, it Is
the "unexpected that happens," and all
the bearish "dope” being sent out from
the (speculative centers may redoutid
to the benefit of the holders of spot
cotton, In that there Is a chance that
more cotton will be sold at present
prhes than can be delivered. It rests
with the producer. He Is not bound
to market hla product on a basis dic
tated by the dealer In "paper" cotton.
The following table compares the
close today with last Saturday’s final
figures:
Today. Aug. 11.
August .8.74-76 9.88-43
September .. .. ,.8.87-38 9.48-50
October.. -..9.02-04 9.33-34
November 9.07-09 9.89-71
December 9.12 9.75
January 9.19-20 9.85-88
February 9.22-24 9.91-93
March 9.26 9.98-99
Since July 17 the decline amounts to
140 points, and for the week 81 to 72
points.
SPOT COTTON MARKET,
STS*:.
lift. 18.10.
Rasy, 915-18.
et. 6.46.
-Knxr.
New York—Qul
New Orleans-!
Liverpool—Quiet.
Bouton—Nominal,
laniisrille—Firm, lOHc,
Memphis—Quiet, 10c.
Philadelphia—Quiet, 10.35.
Norfolk—Quiet, 10c.
Liverpool, August 13, 15:15 p. m. Cot-
3.500; speculation and export
7,000; • American 100.
Futures opened caster.
LIVERPOOL COTTON MARKET,
Opening Purls
August. . .
August-Sept.
Sept.-Oct. .
Oct.-Nov. .
Nov.-Dee. .
I)cc. Jan. .
Jso.-PW*. . .
Fch.-March 5.J0-6.08 i.«
Marrh-Aprll 6.13-6.10 5.10
Aprll-Msy. ...
Closed steady.
Opening
Itange. Close.
. .5.514.90 3.54
..5.174.15 6.15
. .6.084.07 6.07
. ..5.084.06 5.06
. .5.084.05 5.08
, ..8.084.08 5.08 .
..5.084.87 5.07
.6.154.11 6,11
Previous
Close.
8.37
5.23 .
6.154.18
6.14
6.14-5.15
6.16
5.1*4.17
6.184.19
5.164.18
6.21
PUBLIC IN MARKET
ON LARGE SCALE
Buying Orders in Large
Numbers Come From
Many Sources.
COVERING URGENT
Talk on tbe Floor Was Ex
tremely Bullish—U. P,
Still Soaring.
TODAY’S PORT RECEIPTS,
e following table ihowa receipt* at tbe
New Orleans.
Galveston. . .
Mobile. . . .
Snrnnunli. , .
<*hitrleeton. .
Wilmington. .
Norfolk. . . .
Boston
Total.
INTERIOR MOVEMENT.
The following table shows receipts st tbs
Interior towns today, compared wltb the
same day Inst year:
Houston. . .
Augusta. . .
Memphis. . .
GI BERT & CLAY
I E. ALABAMA »T.
STOCKS. BONOS.
COTTON. CRAIN.
COFFEE. PROVISIONS
ATLANTA, OA.
MKM BIT ft*
New Tork Stock Exchange.lNew Orleans Cotton Exchange.
New York Cotton Exchange. New Orleans Stock‘BfChaL.
New York Coffee Exchange.|Xew Orleans Board of Tr*3e.|G*lv*»too Cotton
Private Wires to nil Exchanges.
Local and Lona Distance Taltphone 6298. W. H.
_.,jgo Board of Trade.
lreriK>ol Cotton Association
‘—Exchange
FAGAN, Mania#*
MORE REAL ESTATE
WEST ATLANTA PARK.
Only Two Left of 8 Bright,
New Suburban Homes.
Th. first month will be given FREE,
snd If occupied one year, two more
months will be given FREE at th.
snd of th. y.ar, making only nine
months you will have to pay for. Non.
but geed families will be allowed In
these houses'. These are located on the
riwr electric car line, only twenty min-
utss' ride from the c.nt.r of the city|
contain 7 and 8 rooms! have nev.r
been occupied) are located in W.ct At
lanta Park. Every house fronta a fifty-
foot perk, which la cat in tree, over-
arssns and flowara. Pur# alr| native
oaks; an id.al spot for children. It is
cheaper than living In the city and the
surroundings are mere wholeaome. In
the center of Mill park are the FERRO
PHOSPHATE SPRINGS, whleh will
cure any enta of etomaeh or kidney
trouble, no matter of how long etand-
ing. It new hae a naw church, neatly
furniihtd, a store, a school houea colt-
Ini 32,500 will coon be completed. Capt
J - T. Mills, who lives on the ground.,
will show you through the houeea. Rent
ttO pec month.
JOHN J. WOODSIDE,
12 Auburn Avenue.
For Sale By
C. H. WELLS & CO.,
Fourth National Bank
Building.
•fp.Miin new BIGHT-ROOM TWO-
•"rv iln ,t .trictly modern north side
- . In very beet resident section of the
‘i you are a home seeker, tome to
[alloy! it We may happily surprise
Wl nrlcr. Terms.
VkbV ehdWB
P*HIPI..„.E NteW HiS’k:
notue on the north aide; modern In
. .•/■"S': beautiful east front lot with
n ',-;'"": n lovely place. You shouldM
"' ike satisfactory terms.
Ofetr
.-r~-UL5_ m ake satisfactory terra*.
lbvbl tuer. viwhsk
Hde from center of elty. fare* L-
rirdi r. ,ro “ t 0,1 lm««tlful naw street: HO
!-. * ,r ?m car llat, and near large Indus-
. ,,,, I «uu nr»r mrgr limits
h. ?, way. Many people will need
.- 2-lbrcr. There’s good money In thU,
't W UHAN HOME. wn
** Murkstnn. oil Ccnrrim r
Trii J
from i Three minute* w*lk
A very desirable suburban
WANTED.
Houses to rent. Have
clients for houses in all sec
tions. If you want your va
cant house rented at once,
list it with
LIEBMAN,
REAL ESTATE
AND RENTING
28 PEACHTREE ST.
Phones 1075.
H. C. PENDLETON,
REAL ESTATE,
614 Peters Building; Atlan
ta Phone 1237.
FARM—49-ACBB FAIUI WITH TENANT
bouse, barn end orchard. Ten acre* In
wood and about 10 nr res In pasture. The
neighborhood la good, and about 7 nitlrs of
Atlanta. I’rlee for UUlelc adle, 81,580.
Farm-25 a.-Uks k mii.eH north-
east of Atlanta, with ordinary dwelling
and I atm and good orchard and good land
“— : —H. C. I’tNDI.fe'rliV
FOR SALE.
HOMES.
WERT PEACHTREE. NEW AND
lienutiful 8-rouni 2-story bouse, lot
61x550 <8.550
NOltTtl AVENUE .WriHTI-A jVttLL-
hutlt 10-room 2 story house, modern
throughout •» y>»Ttw
JUNIFKirHflCKKt. *1100*1 2HTOKX
house. moderu •••••••
S milT.KVAItD-llEAl'TIFt'I, t ~
room home
SVlhTH III»lj I.KVAlilt—NEW HOUSE _
tmnderm -88- 1 ™
N. jAC’KRoS’-HEAt’TlFtll, MIOOJI
2-story home: large dot...
S. JAl'KKoS RT.—MoI)teBN 7-ROOM
bouse
T. CHARLES AVB.-PKB'rtlKBT”
homo on street: largo lot
CAPITOL AVtee-LOVBIdY- 8-UOGM •“
2-story house; modern Il.aq
CAPITOL AVBXllK—BEAUTIFUL 8-
room himi'eV lot Urge.• M 250
WASHINGTON' KT.-A N’lNETtOOfi
s-atorr house, bnllt for
IVASHINOTOS RT.-NEAB
..89.000
THE
*moderl^(ttagerT7. ■ 52.500
“((Amis AVB.--A MODERN 7 UOOM
Wof>1 t\VA*Rf>' AVfii-A• 'iliii.'ilKN T~
room bouse - ■/*
HENDRICK & CO.
23 1-2 "Whitehall St.
Phones 2837. .
A. L. HENDRICK.
By Private Leased Wire.
New York, Aug. 18.—Bpeculatlon for the
riae continued Its furioua pace through the
whole two hotira of business this morning*
and there was scarcely a let-up from flrat
to last. Transactions surpassed all pre
vious records for a Saturday—an achieve
ment sufficiently remarkable In Itself
There still was little evidence of outside
buying. ProfoaiaouMl speculators, flushed
with success, were Investing In other quar
ters of the market the enormous profits
secured In the Pnclflc shares. This wa*
the main force behind the movement. These
ventures werfe made wltb the utmost aban
don. as befitted huge gain* suddenly ami
easily made. There wn* Absolutely no
reasoning, at all governing the day’s oper
ations. It seemed as though the Union
Pacific dividend episode baa fairly Intox
icated the speculators, and that all rational
considerations had tnken flight.
Needless to say, the conservative senti
ment did not share In the outburst of spec
ulative enthusiasm. But waruluga of what
the outcome will be put no brakes upon
the wild buying movement.
By Private Leased Wire.
Buying orders in large numbers come
from many sources. Commission bouses re
funded that tbe pnhllc was In the market
on a large seals, •*---* —
In several years,
erlng of the ahorl
everything traded ...
vancea during the first hour. Union
rifle, after opening 3 nolnta higher, rote
to 185, Southern Pnclflc rose to fojL Penn
sylvania made a gain of 2ftc to 145%. I*ea<J
rose l%c.
Talk on the floor waa extremely bullish,
and reports were freely circulated of aharr#
advances on many stocks. Brooklyn Rapid
Other hand* strong and act!'
PRIMARY* MOVEMENT.
The tailoring tguree glre the primary
tnnvi’mnuf of whnat end corn:
Whc»t-R6co|pt» today 734.000 tmahola,
agalnal 8ILOOO Imahcla laat year. Rhlnmunta
today 408,000 buahela, ngalnat 438,000 liuabala
last year.
f'Vn-'if’clpt. today 393.000 imahola.
agnlnat IXMO huahcla laat year. Rhlnmrnta
today 171.000 bmhcla, agalnat 482,000 buahda
laat year.
WARE A LELAND’8 v
DAILY COTTON LETTER.
New York, Aug. 18.—Opening steady'
on week-end covering, the cotton mar
ket Immediately turned weak under a
renewal of general celling led by locale.
Prices broke to new low levels, Octo
ber to 8.99, December to 9.10 and Jan
uary. tb 9.18, a net decline of over 140
points from the high level of July 17,
since which time there has been prac
tically no reaction. Good weather re
ports, big crop expectations, bearish
statistics and a weak Liverpool tend
ed to Inspire bearish confidence In tho
face of recent heavy declines. Bull
leadership was absent and while con
servatives reduced lines on the Idea
that the ahort Interest was becoming
over extended, sentiment generally fa
vored lower prices ultimately. Elli
son’s statement of European mill stocks
was regardtd as rather bullish, the In
crease of splndleage during the year
offsetting the Increase In stocks of
136,000 bales over last year, August 1.
Weather conditions over the belt as
shown by the map were favorable, on
ly scattered showers appearing In
tlons of the central and eastern u°i.,
while the forecast was Tor no material
change In conditions over Sunday. Af
ter the first hour’s trading local cov
ering rallied prices slightly.
New York, Aug. 18.—Great excite
ment prevailed at the start with Un
ion Pnclflc up 3 to 8 points. Southern
Pacific 2 to 3, with decided upturns
In Pennsylvania,. Louisville and Nash
ville. Steels and Coppers. Commis
sion houses had their hands full of
buying orders, and sentiment was de
cidedly bullish. Considerable profit
taking took place In the Harrlmans, St
Paul sold off, but It appeared as If
there were two buyers for every seller,
with the trend unmistakably In the di
rection of higher levels, bull tips being
numerous and well responded to, espe
cially on Reading, that scored over 4
points rise. There was no diminution
In the Interest displayed In the Harrl-
man Pacifica, for which much higher
prices were predicted while 'Coppers
were slated for a big upturn and were
splendidly bought. Bullish talk was
heard on Steels, Erles and other Mor
gan stocks that will probably become
market features during the coming
week. Transactions were again tre
mendous and over 1,000,000 shares for
the short session, on indication that the
public are In Wall street again very
extensively. The bank statement was
a very good one, although very little
attention was paid to It. Surplus re
serves *5,175,000. The market was ex
tremely active right up to the close, a
most cheerful feeling prevailed, and
Increased Interest can he looked for In
addition to higher prices than have
yet prevailed.
NEW YORK BANK STATEMENT.
The weekly statement of the New York
Bunk Association shows the following
RANGE OF NEW YORK STOCK MARKET
Amalgamated Cornier.....
American Sugar Hollaing
Atlantic Coast Blue
Anaconda
Atnerlcan Locomotive
Smelling Refining*..
do, preferred
Atchison
do. preferred..
American Cotton Oil
Baltimore and Ohio;
Brooklyn Rapid Transit
Canadian Pacific
Chicago and Northwestern
Chesapeake and Ohio.
Colorado Fuel and Iron
Central Leather
do. preferred
Chicago and Great Western
Chicago, MUtrankee and St. Paul
I>rlrtware and Hudson *
Distiller’s Securities
Brie
do, preferred.,..
General Electric.,,,...................................
Illinois Central
American ice Securities
Louisville and Nashville
Mexican Central
Missouri Pacific -
New York, Ontario and Western
National Lead
Northern Pacific
New York Central
Norfolk and Western
IVnnsylvnnln
People’s Gas
Pressed Steel Car
Reading *
Republic Steel
Rock Island -
do, preferred
Ited State* Rubber
do, preferred
Southeru Pacific
Southern Railway
do. preferred *
Slo**-Shefflcld
Tennessee Coal and Iron
Texas Jind Pacific
Union Pacific
United 8tates Steel
do, preferred
Virginia-Carolina Chemical
do, preferred
Western Union
Wabash
dot preferred
Wisconsin Central
do, preferred..
Total stock sales today 1,633,300 shares.
RANGE OF THE COTTON MARKET
AT NEW YORK.
The following is the rsi
lures In New York today:
Is the rsngo In cotton fv
Closed barely steady.
TIPS FLASHED
From Wall StrcoL
changw:
Bwrvn.. .. .• ••
L,g«l«
I,,pn.lt*
"Irrml.tlnn
About >• .ipnct-d.
luor*..*. D«r,«K.
THE DRY GOODS MARKET.
New Ymk, Aug. 18.-The dry good, mar
ket I* «tlll »trong *nd netlre, e.perlnUj
Jobbing hnn«e.. Shipment* at good* ham
hern birge for the week Mnnufnc
nf eotton good* »r* finding f.nlt
prlrpH, Imt woolen good* »gent» foul
hrlre* too low for returnable profit.
Mlk I* tnwh firmer. lUw wool I* fir
Ing f.nlt wltb
■nf* found the
It. Raw
firm «ud
THE 8UGAR MARKET.
By Prlmte Lenard Wire. ... .
New York, Aug. 18,-Locnl refined nnd
raw migur *te«dy «nd tmeh»nged. I->n-
_ .. dnu l»eet* up hid for Anguit *t H 1I4«*
C. H. FISHER. . D d Reptcmbvr up 16W to 9* Hd.
Privet* Wlr* to Gibert & Clay.
New York, Aug. It.—Marshall, Spa
der & Co.: The effect on the market
of so wide a price movement In special
ties must not be disregarded, and we
prefer commitment* In active specu
lative laaue* which have not yet been
made the field of auch tremendous
operation*. We believe the policy of
larger distribution, of earning, will be
extended In other directions and think
Amalgamated Copper, Steel and the
coaler* worthy of support. London I.
closed today, but It ie not Improbable
that In view of a reported large ahort
Interest In that market In Americana
that the London curb market will be
of influence In our trading.
Private Wire to Ware & Leland.
New York, Aug. 18.—London cloaed,
but big curb market predicted on
Americans.
' Favorable bank atatement Is expect
ed. An Irregular market can be looked
for, but Pennsylvania Bteele and Cop
pers ure likely to w<yk In an upward
direction on talk of Increased divi
dends.
Week-end realising may create reac
tionary movements, but sentiment Is
bullish and should meet buying order,
that will be made active.
Dow-Jones Summary: London stock
market closed today.
Foreign houses expect a good curb
market in London during the berlod of
our market.
Annual report* ahow that Union Pa
cific earned 13 1-3 tier cent and South
ern Pacific 91-2 per cent on common
stock with real earning, substantially
larger.
Earthquake disaster In Chill more
serious than first reported.
Forty-one roads for the first week In
August show an average gross Increase
of 15.45 per cent.
London option dealers believed to be
caught by advance In Southern Pacif
ic and Union Pacific.
August earnings of St. Paul will re
flect enormous passenger business.
Banks lost on week’s currency move
ment 1936,400. Bank statement ex
pected to make better showing than
last week.
Bradstreet's »aya: "Confidence In
creases as crop, approach maturity.”
Dun's review says: "Abundant crop*
and an oversold steel industry engen
der eentlments of confidence."
AT NEW ORLEANS.
turcs lu New <
!
o
5
S
k
a
II
f
5
|i
il
$
!
ii
III
An*
Sept
Oct
Nor. . . . .
Dec
Jan
Keh
March. . . .
8.94
M
9.19
M J
il
9.36
9.40
9.45
8.94
9.00
\\ i
if
9.40
9.45
US
8.99
B.jsj
9.10
§41
9.38
9.28
8.76
9.04
9J2
9.12
9.19
9.1
9.26
8.74-76
8.87-88
9.02-03
9.07-00
9.12
9.19-20
f.B-34
9.26
9.92-97
9.02-03
9.21-22
9.27-29
9.31-32
9.37-38
9.44 45
9.47-48
Aug. . , .
Hept. . . . ,
Nov. . • . ,
Dec. . . . .
Jnn
Feb
March. . . .
I 9.7
9.21
9.11
9.16
9.21
9.25
*9.37
'ffl
9.20
9.16
9.21
9.21
'lift
9.75
9.17
9.06
l:St
9.10
9.20
9.75
9.17
T'. 11 *
Ml
FM
9.14
9.23
9.70-751
9.12- 141 9.27-29
9.07- 08 9.21-22
9.08- 09 9.22-24
9.06-OD 9.23-34
9.13- 14 9.28-29
9.18-20 9.33-15
9.23-24 9.40-41
Closed sternly.
Twelve Industrials advanced .79.
Twenty active railroads advanced
2.24 and within 5 points of high rec
ord."
The New York Flnduclsl Bureau asys:
’’While the stock market Is likely to lie
somewhat feverish Indny, a night's diges
tion of Friday’s developments demonstrates
Hie addition of great strength tn the Dull
party, amt we firmly nelleve Ibst nil re-
ceaafuna should he taken advantage to Imy
good stoeks, s> the Indleatlnua now are
for n broader market and a auhatanthil
public apecnlallon. Whntersr rritldam there
tuny lie nf the action nf the llarriman In-
tereata. the fact atauda nut that Union l’a-
rlflc return* at the closing lerel ou Ihs
amount of capital Inresied more then *1'
per cent nnd Houlbern Pselflc almost 64
Imt cent, nnd It mny he taken for grante,
thnt the former will he transient while th
latter, when the Import of lbs uiatter la
fully realised, will Irreslstahly operate for
fnimamsntal optimism, eipeelally when It
Is eonaldered that the Union Pacific la
a granger and the crops this year will be
a bumper The lead thus established of
■haring with tbe atockhaldera great profits
will force similar action ou the part of
other Interests, nnd this policy will not
NOTES ON GRAIN
Pointer, on Provlilons.
By Private Wire to Ware & Leland.
Chicago, Aug. 18.—Wheat cable,
were a decided disappointment, and
on any bulge today would sell wheat.
The department of agriculture has
Issued a statement showing the exports
of durum wheat from the United
States for the year ending June 30,
were nearly 10,000,000. *A large part
of this grain—8,988,000 bushels—was
shipped from Duluth by lake and rail
to the Atlantic seaboard, and nearly
400.000 bushels were exported from
New Orleans and Galveston.
Watson, of Minneapolis, says the
surplus wheat In the United States and
Canada Is too large to permit of an
Important advance In August and Sep-
tembsr, and a* long as Europe Is not
buying American wheat freely.
The corn pit has It that the Cudahy
line, which was around 2,000,000 bush
els' September corn, was liquidated
from 49c down to 48c. The Mtchael-
Cudahy line of May corn has been av
eraged down from 61 to 46c. It I*
the largest -Individual line known to
exist In the trade. Liquidation yester
day was on stop orders for holders In
general. The country did not sell as
much corn yesterday as In the two
previous days, which was attributed
9o the decline In prices.
In the past three weeks there have
been sales of 400,000 oat. to France
through New York and Newport News,
(’hlcugo people have made fair sales
the past two .days, but the exact
amount has not been given. There Is
a scarcity of mixed oats and they
command good prices.
Private Wire to Gibert A Clay.
Chicago, Aug. 18.—We see no good
reason for selling wheat short under
prevailing conditions.
Com Is not high for the old or new
crop.
Oats still suffering from heavy hedg
ing by northwest.
The Record-Herald says:
“In looking over the field I can see
nothing on which to base hope* of an
enthusiastic bull market for wheat In
the near future," said James E. Ben
nett. "Canada’s crop Is large. It looks
as If there would be poor bids for
wheat from abroad."
Total sales abroad aggregated only
280,000, of which 180,000 were new du
rum wheat for Beptember-October
shipment.
Ten cars new oats In yesterday Min
neapolls receipts That market was
selling heavily here as a hedge against
purchase* through the northwest. Ex
porters here and at the seaboard were
unanimous In their report of yesterday
at New York on the theory that 7 1-2
premium over Chicago was wide. Lo
cal exporters were claiming that the
seaboard could not stand under the
pressure of that sort.
Bales cash grain 50,000 mixed wheat;
375.000 com, and 176,000 oats.
Seaboard sales 210,000 wheat and 42,-
000 cqm.
NORTHWEST CARA
WHEAT WAS AGAIN
LOWERJT CLOSE
Bears Refused to Absorb the
. Increased Offerings
a Factor.
ARE WEAK ABROAD
Large Estimate of Winter
Wheat Crop Also Bear
ish Influence.
Monday, through the Id* adrertliwuient
the paper* give, the market will further
augment the rnniinlalaon bnalneaa. There
la no reaaon for throwing conaervatlam to
the wind*, even though every factor exceut
money lie ImWah. for money make* the
mare go and a halt will doubtlesa In* called
upon unrenaonnlde plunging. Careful at*
tentlon to Individual positions la recom
mended."
SOUTHERN EXCHANGE
Oldest Established Office Bouth.
COTTON STOCKS BONDS GRAIN
Ground Floor Oould Building. Dally
market letter and market manual
mailed on application.
seek and .
Leal
Today. Week,
L*»t
rear.
CHICAGO CAR LOTS.
Wheat.,
Corn.,
Oats.. ,.
Hogs.. .
Todaj^ Tomorrow.
By Frivats Leased Wire.
Chicago, Aug. 18.—Wheat was again
tower, closing prices showing losses of
1-4 to i-tc tor the day.
The bears refused to absorb the In-
creased offerings. The weakness In the
wheat markets of the old world and
the new estimate by H. V. Jones of a
winter wheat crop of 447,000,000 bush
els were bear helps In themselves. Min
neapolis advices say there will be a
good movement of the new spring
wheat next week. Bids from abroad
were poor, yet as many as 75 loads
were reported as sold for export late
Friday. •
Com closed tame and 1-2 to lc high
er than the bottom price on shorts cov
ering.
Oats *-8c off to l-4c higher.
Hog products narrow, late.
Primary wheat receipts for week 5,-
171.000 bushels, corn 2,245,000, ngalnst
4.870.000 and 2,118,000 bushels, respect
ively, a year ago.
CHICAGO GRAIN MARKET.
irwious
Open. High. Low. Close. Close.
WHEAT-
te i mi
Hept...?. 47% 48 47 4S 47%
Dee. ... 43% 44 43 44 4$
May 44% 44% 44 4»% 44%
OATS—
Sept...*
Dec
May
roicK—
Kopt... I7.no
Oct.... 13.»
LARD—
Sept...
Oct... 1.70 3.70
Jnu.... 7.82% 7.85
HIDES—
Kept... 8.37% 8.80
Oct
Jim.... 7.15 7.15
A8H WHEAT—
1.85
8.70 8.70
7.82% 7.82%,
8.87% 8.87%
8.70
7.12% 7.15
8.90
8.70
7.12%
LIVERPOOL GRAIN MARKET.
Wheat—Opened %c lower; closed %c low-
r Corn—Opened %c lower; closed %c lower.
More Markets on Page Two.
31 % Compound Interest
I. the rate your money will draw If deposited in the SAVINGS
DEPARTMENT of
CENTRAL BANK AND TRUST! CORPORATION
CAPITAL $500,000.00. CANDLER BLDG.
STRONG, SAFE, CONSERVATIVE
You are Invited to call and inspect our quarters and Investigate
our facilities to serve you. A hearty welcome awaits you at this
bank.
ASA Q. CANDLER, President.
W. H. PATTERSON, Vlee-Proi. A. P. COLES, Caehler.
JOHN S. OWENS, Vlee-Pree. WM. D. OWENS, Asst. Cashier.
(T
L. J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, GRAIN
Corrsspondent’s Capital $250,000
HCFCaCNCe, THE ncal bank
PHONE «4«7. PRUDENTIAL BLOG
HUBBARD BROS & CO., Sis
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 454, Long Distance 39. A.S. Hmtncp. Mgr
COTTON^&RAW, ?ROVISi3n§StoCKS?BONDS,
Ht. 3 Will St., FtfmJMMtef, HMk Cs.
Mew York
7 IMP*
Hew Orient Cttlta Inhale. v , £ b,e 'J°
Urereeel Cotta• Atrodatleo. hew for
hi,ate Wlrts to hew York. Mow Orleans. Chicago. B. C.
Chleago Board cl Troio.
Chicago Stock Eicbaoqe.
^ork Coltoe Eacbaogo.
ATLANTA NATIONAL BANK
ATLANTA, GA.
C. E. CURRIER, President. A. E. THORNTON, Vice-President.
H T. INMAN, Vice-President. GEO, R. DONOVAN, Cashier.
JAME8 8. FLOYD, AstH Cashier.
Capital $500,000.00
Surplus and Undivided Profits $500,000.00
We Solicit Your Patronage.
Jr
Frank
LVi!W, p «
Third
Capital
Surplus
Dr. A. W. Calhoun.
Stilton ftargao.
John W. Grant.
II. Y. McCord.
Hawkins, President
TnomaojC. Erwin. Asst. Cashier.
rr. R. W. wyer*. Asst. Cashier.
National Bank
. . . . $200,000.00.
. . . . $300,000.00.
DIRECTOR81 J. H. Nunnally.
Frank Hawkins. J. Carroll Tuyne,
II. M. Atkinson. E. R. Rosser.
Joseph A. McCord. David Woodward.
TUOfi. J. PEEPLE8, Cashier.
JA8. G. LESTER. Ass t Cashier.
MADD0X-RUCKER BANKING CO.
$200,000.00
$500,000.00
CAPITAL
SURPLUS AND PROFITS . .
„ ACCOUNT* INVITED
We Invite nccounts of individuals, corporations, banks
and bankers and offer the best terms consistent with
conservative banking.
In our Savings I>epai«m?nt we allow Interest at the Hate of 31-2 per
cent. Compounded Semi-Annually.