The Atlanta Georgian. (Atlanta, GA.) 1906-1907, August 20, 1906, Image 11

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■ EDITED BY JOSEPH B.livelyI THE GEORGIAN’S RECORD OF MARKETS AND FINANCE Jj Mr. Lively's 25 tears* exnerl* rr« »f editin'? markets In Atfnntt un i the B*»ufl» (ml wrtilf him it rec- gulxfii untlmrify Id hm aju-t-i.iiry. OPENED HIGHER! SLUMPED LITER NEWS AND GOSSIP Of the Fieec.v Staple. There Was a Better Feel ing in Some Quarters at tlie Start. SELLING WAS HEAVY I'rlmto Wirt* to UilH»rt & clay. New York, Aiig. ?J.—I.Iyohhh>1 opened b down. Kxplvtint 8 to fi «n»wn. UvfriHWl mine: -Market disposc.l to rally at the opening, infected umavornbly by Egyptian HellliiK muer*. * UtillM at higher price* hare liquidated freely today, while crowd .ire tinting on tmuie. .Market shown no mii.i|i, mu the “holt interest in large a ml would not care to he short of It. LofciJ* are pounding market; no haring power. The Journal of Coimneice guvs; lower price of efilton in having it Hofteniug tendency on forward contract* Ifcglnuibg. any, from October JJ ami going nhvul to '■ml of the yen r. Hut for spot* I he Tin Forced Priee3 Off Several Points to New Low Bee ord for Season. lint Home of the larger nith* are liiniing IniMliiesH good ior domestic*. ami they are turning their looms over to other than rxport priHluets a* rapidly, ax export eon- expire. The selling of Home abort By Private Leaned Wire. .Vcw York. Attn. iJ.—The cotton market 0|H'in*d Irregular, hut there wax evidence of a l«etter tccilug III some quartern. That fii# change of Ncntimeiit failed to prmluct higher prleea after the will wan due tf licjny Helling on oulKide account, part ot It preH)iiuulny short stuff. That forced the list off several point*. •lid* of exjHirt la uric* Inin u larger sentl- neural effect than the acti»«J Mate ot stock* warrant* amt *oine ghrewd buyer* making the iuo*t of any truuMietlomt rejmrteil." New Orionn*. Aug. 20.—Liverpool G to 8 down re*poiid* to our decline, being 7 to point* lower. A ulna correction ot about 40,000 Union will he made at St. land* tn receipt* and Thl* eut. Til • usual dally new low record In the prlee of cotton thl* morning, majority of position* wiling below be given While market look* weak we do not nd- i*o following thl* decline. The custom lorccuxt indicate* for th ru roll na a mid tfeorgia fair tonight and Tuesday except Htiower* In tnoiinrain The Table weather advice* eontinue to deprc**ing factor. South whh reported to Im» a heavy luring the morning Herndon. {• midday, there wua a recovery on cov- ug. but the undertone wa* only barely -ady. with trade comparatively dull, n the afternoon, a firm tone developed I price* wore advauced iduirpiy to above ■ liual figure* c( Saturday. out. The mnrket ha* now steadied wunew after comparatively heavy liquidation rer Sunday long*. I tick Uros. wi re from Sow York may have a reaction at any Him*, tin CPOT'COTTON MARKET. of favorable discounted. —- ... think It I* a good time decline having been too rapid, _ -ffert .. .. count* being fully he market I* depre**»*d Have fn- New Orleans, firm nt 915-lGc. Liverpool, dull at 5.33d. Augtuita, quiet at Ufcc. A Hpeelnl Central Texa I* the boll coming sonic antlelpnled. vniiiiafi, quiet at 9 1-itJc. Si. I^uii*, cjulet nt 10c. " quiet at 10,10**. Mcmphl*. quiet at fjfcc. K.iltlmorc, nominal at 10c. Norfolk, dull at lOr. Mobile, quiet at Mfcc. Wilmington, noniiinil. LIVERPOOL COTTON MARKET. Liverpmd, Aug. 29. 12:15 p. in.—Cotton. hi ot dull, with price* easier: middling up laud* 6.341: Mien 0,000; npeculathm and export 400; receipt* 5.000; American 4*- Houston. Tex., nays: “in '• chief mat ter of Niouient ill damage which I* be- t heavier than had been . here are also more !*oll •‘onus than are reported 111 any other sec- tlon of the state. Tin* lack of picker* I* also worrying the farmer* to some extent. In North Texes the crop ha* done only ooderntely well during tn** week, due to <b- continued shower*. Itoll weevil report* rout that section are not so uuin»mn*. nor ref so full of damage a* those from more -oiitherly point*, lint neither I* the cron * * *ul the possibility of er. !h Eastern Texas rlt and the worm are l*»th work ing. but the crop I* doing a* well a* had STOCK MARKET 'OPENED RICHER Public in the Market on a Large Scale on the Bull Side. RECENT BUYERS SOLD Selling Caused a Reaction After First Few Min utes of Trading. By Private Leased Wire. New York, Aug. 29.—There v.n* no ques tion In the mlnda of experienced jterson* after the remaiknbte demon*!ration of. Mat- onlay what the Fhnmeter of thl* morning** ojtculiig on the stock exchange would In*. It was exjMvted that I he greater part of list would start out with ft further excited rise, aud that huge realising sales would npimnr a the advancing price*. These results were realized faithfully. Al though London qtiotatlon* did little more limn range themselves beside the final New York parity, the Initial gain* here In many instance* rermlert from 1<J3 |*»lnt*. Im mediately there was an enormous profit- taking, nml while th« leader* of last week** rl**—I'liluH Pacific and Southern Pacific— did *liot go above their high records, and with Ht. Paul. Pcniisylvanfii and the Hied shares ranged en a slightly lower level for the rest of the morning. But • tledr places In the *|H*eiil«tlon were taken by Atchison common, which row (1 imiIiiI* In the course of the forenoon, which came Into Poppet anticipated and picking In now well started. There ha* been a* a whole a deterioration tn every section of the state dining the week, and eqndlHon J* mow August.. .. August-Hepl. bept.-Uet. . Met.-Nov. . I ee!-Jaii. .* Jan.-Feb. . Fdi.-March.. Msreh-Apidl. Clone. , .5.10-5.19 5.10-5 M 5.21 .fi.lU-o.UT l.M A.0-: 5.16 ....ft.M-5.Ul 4,97 4.6# 5.07 . . .5.00-1.98 4.95 5.05 . . .5.02-4.98 4. K> . 5. Oft . .5.01-4.99 4.96 5.0ft . ..5.01-5.09 4.97 V07 ...5.02 4.98 4.99 Private Wire to Ware ft Iceland. Now York. Aug. 29.—Liverpool opened steady. 6 down; nt 12:15 p.m. « to 8 down o*J easy. Male*. 4,000 *|»ot*. 7 down. At 5:38 future* were due to come about • to 9 down. , ,, , . fl * "Market ills* ,— - . irawtol im- favorably by Egyntlitu selling .5.05-6.02 5.00-5.01 3.1t» 5.06-5.07 5.01-5.02 5.11 Closed barely steady. Cot to Aprtl-MHy. j In New York market opened quiet ...id steady. Just nlsmt as expected cn Liv erpool cables. Helling from lAverpool and Mouth continues here this morning . and market acts he- TODAY’S PORT RECEIPTS. The following table show* receipt* at the »ort* todny, compared with the same day ;i*t year: dvostou ... oldie 'vniiiiah ... INTERIOR MOVEMENT. i ii«* I'MimwiiK mint.- Interior town* today, compared wltll s.'ine day last year: COTTON SCORED A SHARP DECLINE furl •w Orleans. Aug. 20.—The Tlmes-Dcm- t: "The bear*, practically unonpos**! constantly urge.l on by a professional dntlsui. plryeil havoc with the price of on. and at^he week * end n net decline the *lx days trading of 62 point* on •b. r aud He on middling *is>ts was irded. During many day* now xpecu- > trading has bi*en confined almost ... the shifting of the ln*nr Inter- •*«' the only traceable long cotton Isdng Ik'•( by the dealer In the actual stun, who "111 want real cotton in place of hi* paper <"ii'r;ti-f* In October. Meanwhile, the ••••■Judea! position is becoming more and until the attitude of the ior Hhall have undergone a radical on the surface of the thing. s»dl- out met* short, e'ter a decline of more 190 |m)|nt*. would seem to Involv element of danger.for comfort. \trend*t* In the bear camp now talk ton with great«.*r show of alft*g«nl con- than they prcdletel 9c t article was selling als>ve the 10c w»tiip weeks ago. A* a whole, the ppeiirs to be progressing nicely High temperature* In August have "Dsptciiou* by their abse nenf crop eoiidlthm rejmrt |«*<I until Hcpteinlwr 3 consequently * .. Ill not shall have III be of little value Lefund. THE LIVE 8TOCK MARKET. r Private Leased Wire. •'hleago. A )tg ' 20.—Hog*—Estlinntoil re- today 26.90b- left over 1.81*4; estf. ■ l for tomorrow 16.009. Market 19e quality fair: bulk 96.15^6.45; ll-ht Mt.o w . i......... tr. T.-yfr Pw.Zi; mlioii'tmiWAt Uenvr ‘on-.-h t5.70fi5.96: yorker* *G.4'kf»6.50. •' Estimated receipt* 27,000. Market V r * others stemlr; quality fair; • : 'Ys.Vfi6.75; e»w* tl.25414.90: heifers natives $5,25L7: goml i»rlm» ^.|Ofji.75: pisir to medlom -t'S'ker* and feetlera 5I.4W4.60. ■ i* -Efttlinnted receipt* 29.090. Mar* »t'*adr: mm nitty fslr; native SV*5.K0; '■>> ret filter* I5.505/6..T5; K *4.ftifiS: wextoin U.fsEMO; g.**t to heavy hog* |C.4Vf/C.fA. Imf little for market, although, of. eoijrae. tem- * Think It can rotfsn market still unite nervous, end unsettled. Home strength develope*! after the opening on buying by last week's shorts and f JverjHiol demand was quickly supplied. However, the South and N» and the market Is still looking pretty tenpy to us. We look for a lower market. Weather map gm»d except light showers In resterti t»nrt of the belt. New Orleans. Aug. 29.— ( able* cannot be called favorable, as they show ahqjit a full response to the decline here H'lturdny. They were due nlMiut 9 |H»lnts down. Rtsit sale* of 4.090 bale* arc n bearish argimiant. Private Wire to Hubbard Bros. New York. Aug. 20.—Liverpool eorre- soomlent cables: “We advlxe prompt tair- elutso, a* we limy have reaction any time. The effect of favorable crop account* has Ih'cii fully dlsemintwl. A* mnrket 1* de meaned. we think It I* go« M l tbne Jo buy. Recline has been too vornble opinion of l!nrie covering* by local t traders expect* for Immedia t/» , .. ndlug. Smelti lid Sugar. Buying In these share* wem n with tile greatest enthuslnxm. nml there were no sign* of halting up to the ettljr aftertKNiii. The stiwk mnrket opene:| at geimrn! ad vance*. t'olorado Fuel. I'nlon Pacific and Louisville mid Nashville and Erie >A each down. Southern Ibilhvay and Ht. Paul gain ed %e and Steel preferred. Texas Pacific and Baltimore and Ohio up *4e. Ue.nl- Ing up %c. Houthern I'nelrte up J »e, I'tiion Pacific o]idled unchanged, but gained ^Ther<» was no dlsoqting the fact tId* morning that the public is In the market. mrim***lYtdy oii the hull side. At' the same time, large ip. cnlfltlte Interest* Hint Were luuivy buy ers *d the lending Issues all through last week threw over their stock* to take prof it*. Thl* outside buying and speculative selling caused many irregularities In the movement*. Amnlgamn'ed was excited nil through* he first hour, selling at 11114. while transaction* were iiiude In other part* of the crowd nt tin* same Inatnut at 110V4- The supply of *t«H*k after the first minutes elite was at the opening when 10.001) share* sold between 91*4 and 92H- Thl' L»rh'»t then reacted to 90% and then raltbsl aimve The v«. 1’nloi . —- — - - - f rentest advance* 'were In the hl_ , xNiie*. Arbitrage lirokers say that lliondon fiuetuntml wldefy-. but held generally above our prices, and large purchase* of all the Intermtlonnf stock*, except Fnlmi Pa cific. wer • made for London neconnt. Government* unchanged. Other bonds ntently. ^ - RANGE OF NEW YORK STOCK MARKET t Tsg.Prev. Atlantic <*«sist Line Anaconda American Lmuniotlve do. |nvfcftwl I Ope«i|High;Ia»w |CT*e;B:d ,.i ioi*4i iiira iooiii KD^j ioovii 1 -*» MU I H7 J ,ii 146 I t.7,*i in.., I . Aiuericr.li Cotton Oil Haiti mote and Ohio Brooklyn Un|dd Transit. •! 'it ... H 13S«I 1 CJB.l )«t.i a» i -Wvii a»i 7oNi <,'Hi vp i vpp.u .o !p:;.«i Ji.i , ur.ii lu i :p;i icip.ricj ia.,i i.j'it vi 119 i ll.'.i li.i.jl lls-ml H I« | ;-»;i Ml'.i J " 11)1,1 lirp ; .| 101 | till I i./fti 3'fti jj\i n> .i i,., a i n-j ns*,, it 1.V I f.- W rt‘,i I IPs'.i HO,. t'hlcagi and Northwestern I’lfeUlf.’O'tJre rtlld Ohio Colorado Fuel mid Iron Central leather do. prefernsl tn | 212,ul it ii 211 j 21*1 i 2'W.J I fc'Uii «!.( it; | in I 59 ! W*1 m I 6.1 M i «;* | S'lii i.i I sHi tnti liijikl ix!'.4i l«!i 1*i.4l UO'AI liu 19 | 19.s! W I 19-41 Uhl lITip XOTKS OX GK.ll> IVpp.Per, on r’mvl.lon* 1-rlvalp V » lilcago, wheat cables, l.isik lor Liquidation of Kepten»lter teniiMM* ii.it* will probably Wheat opens Trade sumII. Hume buying by sir •nk eller Wheat not petlng ell. but a great inup urn aliout thl* p- Ice, It OiM-tdllg, W'.tll long! Ur broker* buying Heptemla^r rllo ark-t sleadv. Pringle tniying May on In an I s dllng H. . tember. Itenkin and Forrest hnylii r t»•* cemlier. Bart lei t. Frazier *V Co. fair sell ers of Mav. firm, with I’PilIke a o Erie do, preferred.. Ilenernl Eleefiic Illinois Central American lee Kecimtb** Louisville aid Nashville Mexicali C'etitrrtf Missouri Pacific New Yoik. Ontario and Welle National Isttri ...... 7t Li.j, Lfui r,i 11vi-.fi huv* 1.9,41 1.4k! l.'Pttil liP ( ,l l.’l iU ! id.ai 76.isl 75 /t | 74 Northern Paelfie. Norfolk i . Pennsylvania , VoplrT Itemllng Itejmbllc Hteel UtH*k Island a ref erred..... Houthern Pacific ... Houthern Hallway do, pre/em*L Hloss-Kheltield Teniie*M« > e Coal and Iron Texas and Pacific I'nlon Pa . 151 I 14. | 141 ..... . 2l%» 22 | i\%t tl%\ 21*1 21 . 974x1 BOVil 9i ) 9U*| 9»'Al 97, U.st 49;,| i.4%| 49 | 49«| 13% *2 ( xj/xi M(l( xlVii bint si iai 210^1 2l4*U 210 | 2124i 2.2;*, •115 | HO I 144%t 1U*AI HJ‘,| 111 , 91 j 94«,» 9.H>1 ttrtu 9.1'XI 93;. lift'll 14fi'/ 4 i lt4(%| 144* •" 144v*i 144 « 91 | 91 I *J> | tl«) | 9J | 91 Vk Ui'li toMi 51',4, Ol’ll 54!II id-, 1 * v.t | Hi | w i Ft { its t us 41',41 12 I 4»Hl •! **! 4T.il 41 It Hi, 144%I IJSyXi U t | H2-AI m «yt\ n;;» : 29->, j-cn it • -■ ‘im 2-j*- ■' ■ i 'w'iii uo, m WV4j 51 ‘:Vi’ I jiU 45 I’ldted Htates Bt«d ... do. preferred Virginia-CarolIna “ We*terti t’lihm WttUcnh do. preferrisL, W'scimsln Central do. ]»referred... otai stoi h sale* stay 2.894.10* shares P I STftl M-: *P\ 91W 3<U MS m s«i -gi' Si I 1(0 ! 99 M | N M| 1UTJ1 !t'4 iSK fO.tj 109'4 PH'/X 91 | 92 2PAJ 20^ H IR RANGE OF THE COTTON MARKET AT NEW YORK. 1'lie lollipprlds I. tin- i-niPBii Iip rotippu U lum In New Verk iippIpi,.: £9 ’.! S'iiii j.S! s!«s| \S| Jan. . Eel*. Meh. , . 9.2.)| 9.21 9.04 9.21! 9.2.1-21 . 9.2 * 9.29 9.2**| t*.2»i 9.2»-:’.0 9.22-24 . 9.27 9.31 9.12 9.22 9.3 1 !..' - teJdy! AT NEW ORLEAN8* i 9.60-56; 9.7J-76 *.inj ».l(»i 9.P*i 9.1'l| 9.12-141 9.1214 9.'*V| 9.1il| S.K9 9.1'*| 9.10-11 9.( anil. .... .».i,a.Hi s.is,| -.i.iieiii a.i.i-i* Feb | |..;..| | 9.21-23 9.1M-2D Mch. . . . I 9.21 j 9.2»:| H.Oilj 5f.25; 9.26-27J 9.2.3-21 Closed steady. LONDON 8T0CA MARKET. 12 pnifClos'Clos ! WllA 1 1(1,1 V I or. Canadian IV Chle.. Mil. i Erie.. 00% I 96 7014 1»7*-i m 43% TIPS PfiASCIED From Wall Street. A* -Co. : •ofilei* public Pennsylvania Hoiltberii Pm Piibm Pacific Fulled Htates Htee do. prefi»rretL, . ;.||»>'K|4ngi UPC'; OOTTON REGION BULLETIN. Ins KhniT roily In Uvwimnl. There Is not the same uneasy underfoiu a* Inst week, and leas «lesln* to sell short, Motifh selling heavily here now. Mitchell and his brokw* heavy wd er*. Trader* think Broadway behind this raid. THE WEATHER. LOCAL FORECAST. FOB ATLANTA AND VICINJTV-Coi tinned warm tonight ami Tuesday with u niHioual shower*. WEATHER IN COTTON BELT. Texas—Tyler, enuuly and pleasant. Hous ton. cloudy amt pleasaut; hard rain terdny. Dallas, cloudy and pleasant; rain sterdav nfttViMMin. Hall Antonio and Fort Worth, cloudy and pleasant; light shower* yesterday afternoon, Mississippi— Jnekson. clear and jdenxnnt. Hattiesburg aud Meridian, clear ntnl hot. Alabama—Birmingham and Montgomery, clear and hot. Helma, clear and warm. Mobile, clear anil warm: rain yesterday. Opelika, clear and warm. Ocorgln—Colnmfmx. clear and hot. Ma ui. partly cloudy nml warm. . Hnvattitah. cloudy mid WEATHER IN WHEAT BELT. Extreme Northwest—(ienernlly cloudy nl lowest temperature HI to 68 abme; •atlensl rains. Northwest—cloudy: 52 to ,j almvi*. West and Southwest—I’nrtly rlomly tnnl eontinued warmer; 6ft to 7ft above; general rains in Illinois; l«H*al In Missouri nud low*; now raining In Kbnix City. Ohio Valley—Oenerally fair; <2 to 78 above; local rains. WEATHER FORECAST. Ia>nlsiuna. Ale. >u ina. Mississippi. East Florida. West Florida and Last . xas- Lo- rnl rain* Monday and Tuesday; light smith Nbtgla-Partlv cloudy Monday and Tue*. lav. with shmver* hi the mountain dis tricts: lluht south wlm’s. Western Texas—Fair in south: shower* In north portion Mmidav mid Tuesday. Arkansas—lentil ruins Monday and iues- iv; iisder Tuesday. STATIONS OF DI8TUICT •Atlanta, cloudy •ChattaniHiga. pt. cloudy Columbus, clear Oaliiesvllle, cloudy .... Orem, vllle. cloudy .... thifl}n, •lonilv •Macon, pt. cloudy — Mont belle, cloudy .... Newnnii. cloudy Home. tit. cloudy Spartanburg. oliMT TnllniMiosa. pt. etoudv CI5NTBAL hTATIUN. Charleston .. Hal vest oil .. t.lftlo Iteiik Memtihi* .. Mobile .. . Montgomery Ha i aunah .. Vicksburg .. Wlfmltefb* i»|st Av»rng-* Max. Min. ~uT . nml the nml wider MitniHirt fr« We think It would be wise to *c!l nnrt of your Ht«s*k*. Home big and well Inform ed iicoplc tell its to be careful. Further bullish operiillon* In the *»oek market are fori •shadowed by the develop- uiefits over Sunday, nml If harmony can lie maiutidiuHl among the Idg financier*, there seems to lie no reason why u good bull market, with due r«*gnrd for the Im mediate crop money demands, can liot be nj.wed for some time to come, for tltr piddle Im* responded III the Inst few dnyi as I* hiiM md been a rouse* I for ti month* past, and a broad speenlatio . ft Justified by the adequate dividend returns he no I t'lioti the Increasing tm precedent.*) prosperity of the country. You enu not get around fht ....... .... soie-hende.l eilfles will have to take n hack s<*it noon, according to oar deductions 'specially when Investors fully realize th* WARS & LELAND’S DAILY COTTON LETTER New York. Aug. 29.—'There wa* another sharp break In the rotten market thl* morning, a break that carried tinth Derem on the th"ory that tin* decline ...... lug a Beget her too rapidly, the buying tn not able to absorb the cotton put on tl. market and prlee* began tn nllp nway again, the per* tlons eiislve ... .. .. and flic auiouuf or cotton want-d at 9 e for D«*ceinlH*r wn* not the vobmie that many thought tmthf be nt that figure. After break through Is short covering aud general prof«.*sionai buy ing for a motion started an ndvaiiee that rarrlel prices buck tn or 12 |n*lnts very Jitilekly. Oii the rise, however, cotton *i*em- e I to In* again tor Side, and wldb* ***ntl- loeiit is of coer*.* more conservative nt lids figure. It will require ii tadlcal change ■ * Top new* to cause much of ail Mdvuiir*. lorfn from the South, that I*, from th*» •e-4mts*rtant cotton pris)tiring seetb May, Jbn Ibuiklu buying DreetuTicr. He In** 'no**ly by (sumulsslon h“‘i*es, I'ltHw fiCor-Oeenu: Fasti bu*fne»* (n wh -at lu Chicago Saturday was 2LOO* luish cl*, outside of 106,090 bq*he!n sold for ex port. Hale*'of corn were 175.0V*. Including 106.- 003 No. 2 nt le over Hepteuilier In store. Male* of onts were llO.aD, Including 1H 000 for export. At the seaboard, exporter* sold 220.090 wheat, and In two day* Goo.'KV) have been •AM for export. Kansas City report»*1 0*3.000 wheat sold for export through S*. laud*. Cush wheat is selling relatively higher than the future*. No. 2 ted wn* plekml up bv elevator peo ple at \*f\v over September In •tore, and No. 2 hard sold on Mittnple tsides .it Hep- tember price tn «ie ovei T!*e chnrte.** were made for ia*.,000 corn at 2e to Buffalo. ‘.Minneapolis had a car of new wheat yesterday from (lattice, 8. Dak. D was full of Rinat, graded rejected find sold at H‘* over Meptcmlier. Stacking 1* pmefienlly finlslusl tn tlie vicinity of Ht. Cloud, Minn. Home oP th** first-class No. 3 oat* sold here to a private party thl* morning nt ^former* say It I* wonderful how corn ha* progressed In the last three weeks, aud are umr certain of a good erof*. Tlie trade Is hmkiiig lor an Increnib* lu the visible supply of wheat of about J.f»w,0*o Imshela. There I* an Increase of 2.lW).ftl* bushel* In the northwest, which Is 'expected to be largely offset by the lucrcasq lu Chicago, and other winter wheat market*. Provision specialist* figure that there In nil Increase of f** per IPO |Hiitfids to the pucker who make* January product a* com. pared will* Inst year, puckcra having HiHi per cent of tlielr kill condemned. SHOUTS IK WHEAT HEAVY -SELLERS Opened the Mniket a Sharp Fraction Below the Pre vious Close. CROP REPORTS GOOD Feeling Improved'Later and Closing Quotations Wero Sharply Higher. * ' Private Wire to Hlbert & Clay. The wheat market In ntcudyim; against the foreign bear m*w* on some rcoort* of oosslldc damage to spring wheat by ro rib Mured hand* t«*la*'. all sold I , ••c**»d to Im* acting for Houthern Ping*. that usually <iperatc for Armour "•'lit thrill. ’hlengo. Amr. *0.—tliTord-Ilerald say* •• nroner time to take ndvitofiiirc of ih< •*"iit Imrdeitscmc surplus bi thl* countn d buy against the conccdi*! incn plus In ... coli»H»di Is Inter of the **v#rld nt large Is belli dlUfjcntl, 111 hav ... Ids calling If m* fall* tine* during th- orc^lc hlmwlf unworthy of d»b*d this pr«**ent relit flvi f t»’ irld. Ituht n*cf*|nt* ! Declining nrlcc* hive almost Invariably brooglrt * fair demand * ritiftitiper*. but there ha* a* yet l«»on option dqrtmr the erou year when Stock of corn •rwhnlng low Pe’Dsi ihrc shipment*. Inbig pricy* failed to dry up farinenC sit*-- 'Ht* 'll fowl *r vonr ago. This M~h*e •h*»n **»e' ly lo in tic* iVftltoi THE COFFEE MARKET. New York. A»'g. 2*.—Th** co/T<*i* market |**ncd utcadv at inii-hnnH price* on De- •Iidier. led uea**rally ft points lower. Price* hdd around the ojtcitlttg figorp* durltp; tin* morning, act at midday w< ImltfPSI to ft lower The opening was rigid na flic foreign tic tucket* were also quiet.*-<ill- ftilll of only nsldercd n<iotit plug r , n;; > an 1 daw* of tip* N**v Vi coffee market for today was a* tollow* Oeeidfig sltnatloii prc*f*n1cd. mly thing oper ating’ ror cutiMcrx'H t hnu Ut tlm motto, kct. and that the largo Interest* h allablc money and prnetleally all the stis-kx, I* » statement we have matlc nml confirmed time and again recently In arguing for Improvement. Of coume, w»* deprecate plunging and the ovcrhidiilgciir of the spcculatlvi MTvatlsiu. lint w of the mnrket tin fever, adviwatlng Isdleve the long sldt logical cue, and ..... stock* with regnrti to technl jnl |Mi*ltbm*. New York. A*'tf. 20.—Ixmdoii strong nml rcsiMiiidiiig to New York. I’nlon Caclfic carlv 1 point dowii oii profit taking. A Idg I mini market ox nee tod with Cciin- sylvnnla. Beading. Norfolk. Atchison. Htccls it lid CopperH active fenfuro*. CiiIoii IMy|tie and Hl’tliern Caclfic likely to Im* Irregular, but <hc closer they are looked Into the more bullish dividend dec laration* become. Talk In Wall street |* that 1 nloti Cn- ctfic and Houthern Caclfic will sell very much higher. 1.00k** tit.'* **M*-ufat|un going heavily Into Atchliuiti. Binding. Hmcltllig. f'oppcr ml Htcels. Appear* to Im* profit-taking g« “ trrhnan Cn< ■*' lug on In llurrl * • JudBiul. Dow-Jmics* i far a* T mmnry; American »toeh* In I.ond**i» strong, with profit-taking in I’nlon I'nclfic the only ex ception. London market show* a general disposition to rcNpoud to the strength III find . basis for anything mere than n sharp re r**»u n. which la now due tit any time. I would not le* surprising to see a recovery of 23 or ;rt pa iff/*. COTTON SEED OIL MARKET. New seed oil. with pro* 1 «i»*t|vcrlcs. H.ptcmber was off* *lue to the weakness In cot ion i •if a better crop outlmik. Th •leellne, however, was In 0.*t*i I* ifown fully 2c for the w**i the decline recently, oplub that spe inly tak* Imbl, nml except to n slight extent. E' 1»* s so far shown only a slight Interest. Th • market at tin* ••tom* was *4*' up for October white August wn* under pressure, *1 said *4e lower.—Ware ft fadnmt. Opening llnilge. Close. 5 tmv- H4#tftlH W44WU tols*l' Novemlier— mkmvfi, 1*1 ff| titv BURNi 29 ftjr i ::“ wn9 2S’,kf2l ... stocks. Jcrone* willing t** run for governor of •*w York on.Cmnwrutle ticket. Enormous earthquake rnd fire «ha»it’nctloii nt Valparal*' ‘ *' - TRY A WANT AD IN THE GEORGIAN T indleotes inappreciable rainfall. REMARKS. * temjM*ra» Bains w. „ . of the Montgomery general WMU til* eX*-ep- 1 Savannah ills- ... .... Intuitgc to Haiitlttgo. the enpD.al of Chile, less scrlou* than nt first r«*jM*rt , *d . stock f<-_ — , , Balfroads rt*i»mrli»g for steel rail* to lidsh oxtcnatoiiH Itefore mid weather set* year 22.24 F*nirt**eu railroad* for in August sb of 21,28 »M*r el for the flam I era*; WEATHER CONDITIONS. Th* pressure has built tip considerably III the southeast since Hatonlny morning I this morning the ee«mr of highest hi* morning the c* „ *t.*r I* over North CnroUnn rn Virginia. Ov of the country ‘ ... I Booth . the greater portion f tin* Mississippi tlie pressure Is low and flat. * Tie* teui|H*rnrnro l* high except 11 *• ALARAMA *T. G1BERT & CLAY ATOCKlp BONOS. COTTON. GI4AI8. COFFEE, PROVISION* ATLANTA. OA THE METAL MARKET. By Private Leaned Wire. New York. Aug, 2D.—A firm tom* continued tilth trading generally confined to tin. The higher cable* from abr**t«l were r*>.«piiusiblc >lv«»n*e In *|mi| and nearby dellv* j Unit Pacific eamhr week ill August I lice,I*.* Twelve Industrial* n*I Twenty a* tiv railroads ndvaucwl 1.78 |»er '« for the second 1 9362.009- vwtfiuul 1.92 |H*r cut. THE 8LGAR MARKET. ■lie*. nv id"- Istkc r was deeideitjy firm. •I casting to and *|M*lter were dull and to Bv !»r|v*e*t» i^awsl V’b-,* New York. Aug. Ti.-l/i* 1 *) refine*! sugar inedi i J * “ * - - tamdeli ta ke* firmer: Augnst 9* 3?pl; Ht*ptemtH*r net. SOUTHERN EXCHANGE Old*11 Established Office Bouth. I conox - stocks—mts— mm Ground Floor Gould Building. Dally • market !rf»c*- r.ud market ntanunl I ma f l*d on **»• L.J. ANDERSON & CO Bankers and Brokers, COTTOH, STOCKS, GRAIK Correspadecl’s Capital $250,000 RCfCRKNCC, THE NCAL DANK PHONE 1 AIT. PRimCNTIAL BLOC March.. April Mat June.... . ..7.137.25 ... .7.24-7,39 . ..7..99 f•»*»*. 7.15-7.29 L i. I 7.25-7.29 7.39- 7.40 7.40- 7.45 7.45-7.55 B5>-ft.»Vi By Private leased \VI»e. Chicago, Aug. JM).—Wheat enjoyed ffoou reaction* from . bottom price* reached and closed l-8c lower to 1-8 l-4r higher for the day. Corn l-$€Pl-4c better. Oat* i'»8fv<l»4c* higher- -Irflil vlKlon* up 2 l-2<ff’27 l-2c. - - Cush nale.-i It load* wheat, S loads corn and 60,000 bushel* oats. Cash wale* of wheat here were better all around. • , -j , The com crop condition'll said to be 8S against 79 In June.' Tlie visible supply of wheat Increased 260.000 bushels, while corn decreased 877.000 and oats decreased 147,000 bush el*. ' t Primary wheat receipts 820,000 bush els and corn 6*8,000 bushels, against .045.000 and 718.000 bushetes, respect ively, a year ago. .. . —. (Tearances from both coasts were 726.000 bushels of wheat, 311,000 bush els or corn nnd 8,800 hushela of oats. CHICAGO GRAIN MARKET. 7W4. flf' H,|,t m in* , « IP.'.' »"A 41% 44)4 Mur 4l!i 45. *«K Up »14 HciPt... i;.»i .mu w.ifl I.AHDr- Oct... *.6 4 f n ■■ *. vh si deb 8.62’4 • 8.67H 8.67*4 8.75 7.82# 7.t# 8.68 9:1*- - * 8.9.1 h.R2H 9.01 8.60 * I..75 ufa* , i.gi* NORTHWEST CARS. Last ToiUt fS'eek .. ....120 249 CHICAGO CAR LOTS. MTm.it.... Torn., .i tilts....’ .. IlHJJI... .. LIVERPOOL ORAIN MARKET. 1Vhcp|t-(t|PClicpl V- Ip4*yf! nt 1:» !». "*• IjiiiTic Inwp't: ilp'Pi") 1.«V lower. 1W||-(,C'I))»I li«' lower: «! 1;S1 !>., m. 'iW'ie 111 j: h. ■ r: eltpipe.) *,e higher Ip, 'v low*. ni,-,.,:: Novciub**r I h*c**uib**r.. .. rioscil sternly. 7.95-7.10 7.107.1S primary movement. • following figures give the prlnu —it cor- sgldnVr l’imW’bushels' lit ft >rnr. ...snniit *»f wheat nnd — Whppptl—lleeehpt, lopliir . WJ.001 I.1M.WT) To'pphel, td.t renr. HNIpp- i.Hlpir rflS.ora iPChelK. ppgipln.t i‘«.- MB hwHoto-lii.t )e»r. • . .. 4'orli—Itcc-lolpi tppilur 17*.«0 h».hel«, ii gntoppt r.ro.nop fpe.hp.l. Ii.t rffr: rffte llienl, tiul.r 4)0.00.) lonheU. ngtlllp,) K3.000 (oi.licl, hop) yenr. 3| % Compound Interest i. the rote your money will draw if deposited In the SAVINGS DEPARTMENT of CENTRAL BANK AND TRUST CORPORATION CAPITAL $500,000.00. CANDLER BLDG. STRONG, SAFE, CONSERVATIVE . Vou ore Invited U call and inspect our quarter, and Investlgat. cur facilities to *«rve you. A hearty welcome await* you »t this bank. ASA G. CANDLER, President. W. H. PATTERSON, Vico-Prei. A. P. COLES, Caehier. JOHN S. OWENS, Vlee-Pre*. VVM. D. OWENS, A«t. Cashier. CAPITAL, SURPLUS AND PROFITS OVER ONE MILLION DOLLARS Foreign Exchange, Travelers’ Checks. Brown Brothers' Letters of Credit available in all parts of the world. faK'Ctfj. iMidimrirti.'.i' l . itt: I'a lloehy Mountain district* anti on th elite cuasl. The iMitlicrni «if 7l degree run* nhmmt north anti aouth (finu Wcutci Minttcsuta tliriMi^h \Vcntifli Tex**. The rain* during the l**t 24 lumr* ha f im * lii tii* form *if locnt shower* nnd} •»r*d. .. _ M C M O r: R » 1 Rnsr l nf Trod# Tile f-midithnis favorable f»r c*m cr J°l k gfork Exeh.n»g*|N>w Orleans Cotton i itenle>! rJtton \lio-latlon i tlB«wl varn. wrotlu-r in this *••• t|,„i t might Urk Cotton Exchange. Nr w Orleans HCrtt KxetoKf- % J2J™ o CxclSS ( »»•! Tiles »*y with --.rvl-m-f sh-.u.-rs 5ork Coffee Ex* h.u»e New Orlron* Board of Trs.lr.i ..ahrstun «.o.t*io Lx^uauga j,. maUBI UY. *-«, end Lynn AMmJtSsM HE* n. FAGAN. M.naner. Hcctluu Director. cottonvkra:^, ‘FrovisIon’s.HtocksPbonds, («. 7 Willr.ffn i lfMI.,. Mnl,. Cl HU IM* If* Tsrl Ciffn («*•»!« ktw Ortm I C$tfi> f »<*#»♦• Ibfffss’ Csftss Frltite Wirt* f Ufa Y$ft, Ktw Orient. Chief- ieft Pftstr IM , (tififi Burl sf Trtie. Chinee Ste-k Imhfjt. Hew Yerk Cotire Ittkoof*. $. C. COTHU*. Ifeneeer. StetdsriFheatOk MADDOX-RUCKER BANKING CO. $200,060.00 $500,006.60 CAPITAL SURPLUS AND PROFITS . . ACCOUNT* INVITED We Invite Accounts of individunisi corporations, bunks and baukerH-nnd olTer the best terms consistent with conservative banking. Rate of a t-J per