Below is the OCR text representation for this newspapers page.

EDITED BV JOSEPH B. LIVELY yCtHE GEORGIAN’S RECORD OF MARKETS AND FINANCE") Mr. Lively's 25 years' experience if editing markets In Atlanta and the ftotith has made him a reo* cgnlted authority In bis specialty. OPTIONS OPENED SLIGHTLY BETTER Soon After tlie Call Prices Dropped Under Last Night’s Close. NEWS AND GOSSIP Of the Fleecy Staple. beaks against rise Pressure Designed, to Fur nish Better Basis For Covering Big Lines. By Private Loosed Wire. Now York, Aug. 21.—The cotton market opened steady up 2©5 points, and while Wall street continued a buyer, there-up iie.ired to be stroug efforts from other sources to break the list, and pit traders, iis a class, were ngulust it. Soon after the call, prices dropped under last night's close, and by 10:16 u. in. wure 7@9 points o<*r lower. It was rumored that some of th<- hear pressure was designed to fur nish a Indter basis for coverings in some bi^ lines existing here. An effort was made to advance tlio prlco of cotfhii this morning which was success- Ml during the morning trading, during v, hlcli time yesterday's high point was passed some 2fj5 points on some Wall street buying, ami reports of rains In Texas, which It was thought would curtail receipts and stop picking in thut section. After advancing to a point some 4®8 points above yesterday's dual figures, prof it faking resulted lit « loss of nil the early advance, and lu tlio early afternoon the market was selling slightly lower thnu Hie previous close, with the tone steady. Galveston received 6,702 bales new to day. New Orlenus 93, Houston 8,989 and Augusta 4. Receipts of new cotton to date at Hous ton H.(15 bales. A better feeling prevailed Just before the close, which was very steady 3®5 points SPOT con ON MARKET, Atlanta, quiet at 9 7*16e, New York, quiet at JO.lOc. New Orleans, irregular at 974c. Liverpool, quiet qj 5.41d. Augusta, quiet at 9%c. Savannah, steady nt 9 11-16c. St. Louis, quiet nt 9 9-16c. charleston, quiet ut 9%e. Houston. steady at 9%t\ Heston, quiet at lO.lOe. Galveston, quiet at 9%e. Memphis, quiet nt 914c. Norfolk, steady nt 9%e. Mobile, quint at Wilmington, nominal. Haitimore, nomtual. Private Wire to GI Lett & Clay. New York, Aug. 21.-Liverpool opened 4 to 6 Ul». hxpectett to Im* 2 to 3 up. Plenty of eottou for sale and uo demand. covering^ 1 vubU ‘* : sternly, bears Houth Texas ndvlslug plenty of rntus. This will curtail receipts mid stop picking, and It is only source of supply of new cotton at the uiomeut. , - ... day confined to goods for quick delivery. The Jobbing houses did an excellent business from the time the doors were opened, In one house alone fully 150 buyers passing In before 10 o'clock. The character of the demand is such that office forces are kept very busy. It Is Impossible to grant largo deliveries, and buyers who would take ten cases must be content with five, so tlrnt many entries are made before the day's overturn is completed. There is some «Uf- fereiiee of opinion ns to what the market will do lieforc the eml of the year, but everyone is agreed that the Immediate sit uation Is stroug and steady, with no accu mulations In sight and nothing to show that the deuiaml will Ik* materially less for some time to come.” Liverpool Uns been a very large buyer all the morning. Think the market should do better temporarily. IBooks ns though rains might Interfere with picking In only station that Is now supplying much cotton In Texas* New Orleans, Ang. 21.—Liverpool nt - higher Is much better tliun due. nu advance of 3 points only being expected. Market entitled to n little more reaction, but lacks snap. Would sell on all good bull llges. The decline tills, morning Is due to the lug out of some long cotton bo ting a further reaction. There appears be n lot of cotton for sale with but few fakers. A dispatch from Nnvnsotn. Tex., says: ‘•Showers have fallen plentifully here and there through this section tile post week. In few Instances has the picking of potton been materially interfered with, but stalk growth has been most favorable, and gen eral conditions ndverso to further fruiting freely encouraged.” Private Wire to Ware A* LeJnnd. New York. Aug. 21.—Liverpool futures opened steady at 6 up on near and 7 up on late. At 12:15 p. in., 5 to 7 up and steady. Hales 5.000 spots, 3 up nt 6.4id. Futures were due to conic unchanged to 5 up. Cables are favorable; although spot sales con hi Ih» larger. Unless Liverpool enses off we should come nt least 6 points higher. Rears covering on Liverpool cables. Geer heavy seller of December, weld took 2,000. New Orleans, Aug. 21.—'The market Is quiet and somewhat steady. Arotind.Dc ninny operators hesitate to sell, and further iMMirlsh crop devoir - —** ■* heavy movement wl continued TODAY’S PORT RECEIPT8. The following table shows receipts at the parts today, compared with tbs same day last year: New Orleans. . . , Galveston Mobile vacuah Ghnrleston: . . . ulluiliigtoii. . . . Norfolk 1 "it Townsend. . INTERIOR MOVEMENT. The following table shows receipts at the Interior towns Unlay, compared with the same day last year: LIVERPOOL COTTON MARKET. Liverpool, Aug. 21. 12:15 p. m.— Cotton, »*i*..t quiet, with prices sternly; middling uplands 5.41(1: sales 5.0»; American 4.- •'"'i speculation mid export 509; receipts 1,* Y" 1 : nil American. Futures opened steady. opening • Previous Range. Ulnae. I .'lose August 5.18-6.14 5.11 6.10-5.11 August-Kept. . . .6.10 5.05 5.03-5.01 Sept.-net. .... ,5.05-6.03 4.99 4.97-4.98 O-t.-Nov 5.02-6.01 4/00 4.95 Nov.-| ice 5.01 4.90 4.95 Dec.-Jan 5.02 4.97 4.96 J-U.-Fcl. 5.0.7 4.10 4.97 I’H, March 5.06-5.03 5.01 4.98-4.99 Mar. h April 5.06-6.07 5.02-5.03 5.00-5.01 April.May. 5.08 5.03-5.04 5.01-5.02 Ware & lgland’8 DAILY COTTON LETTER prIrtiVHMPHIIVIVEPMPmMPQMI "filing, but on the rise cotton seemed ’ • for sale, and as a result the tone had i |M*arnnce of benvlne.ss ns soon ns ag- '■•-ire o|H>nitions censed. The reaction "et at all surprising, and. ns we jH»|nt- d yesterday, a rally of 20 or 30 imlnts • '«mt due. It Is a question now wheth- ' i'*re will be enough uncertainty and un- -s among shorts to bring them Into • irket In sufficient numbers to bring • ' much more of an advance. Crap re- - •'•ntliiiie of such a'nature that an • : nt.* basin for a general buying move- • is not In sight. On the other hand, have reached n level where n less ■ 'Mol market might* Im* expected, and t<! after the frost period the slxe of the "!• will be of conns* a matter of conjee- r * From time to time substantial rear- ' to tie anticipated, but there la ns ' nothing in sight upon which to base the •t that the eottou market has passed gh the declining period of prices and • large receipts of new’ cotton nt the • - ut figures are twglnning to act ns ft Kilning factor. In nil probability It Vote for J. G. Woodward for County Treasurer. THE WEATHER. LOCAL FORECAST. WEATHER CONOIIIONS. With but few exceptions, there 1ms been n general decrease In air pressure over the entire country enst of the Rockies. The ba rometer Is still highest over the southeast, though but little almve normal. The cen ter of lowest pressure Is over Wyoming, Idaho and Nevada. *• The rains In the last 24 hours have been local In character nml have been confined to no particular sectlou of the couutry. The temperature has chnugod but little In the last 24 hours, continuing high over the couutry oast of the Rockies. The conditions favor continued warm wen fher In this sectlou, with local showers tonight or Wednesday. J. B. MAHBUBY. Section Director, TONE IRfiEGUU Some Good Advances Were Shown in the Opening Dealings. DECLINES WERE FEW London Traded in About 75,000 Shares During the Morning. COTTON REGION BULLETIN. STATIONS or ATLANTA DISTRICT. . cloudy. Atlanta, p. w ‘Chattanooga, p. cloudy.. Columbus, clem*. . Gainesville, dear. Greenville, clear. . Griffin, clear. . . •Macon, dour. . . Monti cello, clear. , Newnau. clear. . . Rome, clear. . . . Spartanburg, clear. Tallapoosa, clear. , Toecoa. clear. . . West Point, clear. >.! a-i nr By Private Leased Wire. New Vock, Aug. 21.—This morning's mar ket had some abatement, although not Very great in tbo face of the tremendous speculative movement. Proflt-taklug lu what evidently was much larger volume than the preceding days had a sobering effect. At the same time, It checked the swift advance lu prices. Business accord ingly fell off, although by all ordlmiry standards of comparison. It was still ex ceedingly heavy. These changes, how ever, were not of much consequence to al ter the main character of the market Such reaction ns occurred In stocks which recently led the rise was very imMlerate, and the number of stocks which were tnken In hand for fresh speculative oper ations wore sufficient to keep tlie upward tendency unimpaired. Louisville, Atlantic Const Line, Great Northern ami Northern Pacific were the stocks particularly se lected for attention In the pall road group. Among tin* industrials. Colorado Fuel, lo comotive, Republic Hteel ami the Coppers were the features. Tin* drift seemed, If anything, to be more toward the industrial quarter of the market than It has hith erto been. The stock market opened Irregular. Great Northern preferred rose In all 11-2, Louisville and Nashville gained 1, Reading 3-4, Baltimore and Ohio and Sugar 3-fl, and Norfolk and .Western 1-4. Amalgamated lost In all 1 point. Steel preferred opened 3-4 lower. Smelting lost 3-8 and United States Steel common on 15,000 shares opened off 5-8. Atchison opened at 1021-2 to 103, against 104 1-4 yesterday. There was a good deal of talk on the street after the opening about floods In the West having caused a heavy tone to the market In the early trading, but on the board watchful traders thought that the heaviest flood was in Wall street. It was generally remarked that the room had been supplied with more Stocks ail day yesterday than it could take, except at concessions In prices. The statement was made that a big life Insurance company sold 50,000 shares yesterday and will deliver the stock today. Other selling of a simi lar character is reported from many quarters, and In many Issues. While the demand slackened mate rially this morning, many of yester day's buyers were disposed to hurried ly close their accounts because of fears of a possible reaction. The heaviness was most pronounced In the stocks that have had the most sensational ad vances within the last few days. Other issues that have had a steady and quiet upward movement continue. Room traders who took an aggressive position on the bear side of the market yesterday offered stocks freely all around the room during the Hrat hour, but ns the hour drew to a close a stead ier feeling developed, with buying or ders coming In checked the reaction and causing some material rallies. London transactions In nil amounted to about 75.000 shares, with purchases exceeding sales. Government’s new 4s up 1-4. Other bonds Arm. RANGE OF NEW YORK STOCK MARKET AinnlgnHinted C American Hugur Atlantic Coast Line... Anaconda American Locomotive American Cotton Oil . . preferred Chicago and Great Western Chicago. Milwaukee and St. Paul ..... Delaware and Hudson Distiller's Securities Brie do, preferred General Electric Illinois Central American Ice Kecurlties. Louisville sml Nashville Mexican Central Missouri Pacific New York, Ontario and Westerr. National Lead Northern Pacific .....u... New Y’ork Central a... Norfolk and Western A.. Pennsylvania People's Gas Pressed 8tecl Car do, preferred... Pacific Moll Heading Republic Hteel Rock Island do, preferred ...... United States Rubber do, preferred Southern Pacific Southern Railway do, preferred.... Bloss-Hhefficld Tennessee Coal and Iron Texas nud Pacific Union Pacific United States Steel do. preferred ’ ln-Curotlun prrfffnd.JMM Wextern Union Wabash do, preferred Wisconsin Central do, preferred.... Total stock sales today 2,281,1mm) shares. | l »m»n| l Wgh|Loif rcr»p[lll.l li-T NOTES ON GRAIN Pointer, on Provision,. M RANGE OF THE COTTON MARKET AT NEW YORK* 9.08-09 9.13-15 9.17 ■ 9.25-26 9.32-83 9.36-37 8.75-79 8.86-88 9.04-96 Closed very steady. AT NEW ORLEAN8. Aug. . Sept. . Get. . Nov. . Dec. , Jiyi. . ’■J 9.50-60 9.16-11 9.11- 12 9.12- 13 9.1314 9.19-20 9.22-23 9.29-30 9.60-56 9.12-14 9.10- U 9.10- 12 9.10- U 9.16-n 9.20-23 9.26-27 Closed steady. WEEKLY WEATHER AND CROP REPORT LONDON STOCK MARKET. STOCK— •Minimum temperatures are for the 12- hour period ending nt K a. m. this date. HEAVY RAINFALLS. Greon*lK»ro. N. (’ 1.94 liar lest on. Galveston. , Little Rock. Memphis. . Hi Dlat. Averages. 72 ill Mobile Montgomery.. New Orleans. Oklahoma. , Huvaunah. . . Vicksburg. . Wilmington. . . . . T indicates Inappreciable rainfall. REMARK8. The temperatures were slight I* lower In the western districts, with vefy little change over the remainder of the wit. Light rains occurred except in the Mobile Monu.m.-rv dtatrkU flection Director. Why is Wc/'dward mak ing his fight against Culber son alone? He knows Cul berson is the man he has got to beat. COTTON SEED OIL MARKET. K,w York. A nt:. !t.—The murker for rot- ton Mr. I nil win fairly nrtlvr nml nitnllj wrnk. with stilt low,r rwonln nmrtr on nil ilrllvrrlr*. Tin- nrrwmrr ritrmlnl from Septomln'r forworn. Union wore nullr lll>- rrnl. nml I In- drmaml. liiltnrnrinl by thr rr- crllt n-rnklirsn lu rottoti, fnvornlil. crn|i nml wrnttirr rf|„irt« nml thr nlnnwr of nowwrl- Inir orrtorn. won rnthrr dlMuirtaUiig. Tlio ilrrllm n have Inn'll mi much thnt nomr In- Irriat In hrln* mlrnctrd I" thr umrkrt, nl- llimikh thr rlnliun of ii cotton crop iif prrr 1-OOllOOl bnlrn In ■•xortlllg n Kiv.nl ilrnl of ItiBurmr. Tim nmrkrt nt thr rlmw trim Y,r „n to i.r lower. .Vovrmww nhowwl tur ntrrliKth.—Wore k Iwlaiiil. OlvrillnK IlnUKr. Closr. Anitnni. ISej* « ««,, ttetvlrmlver ^H«Jl Jt Ortohrr s l*SXi u GIBERT & CLAY ’• *■ ALABAMA AT. STOCK, QONDL COTTON. OR A IN. COFFEE. PROVISION* M EM DEMI ATLANTA. OA. Prlvotr Wire* tonll tlcMnyrn L*«*l and Long Dl,Une« Taltphen, 5298. w. n. FAGAN, Minjntr. Annnmda Atchison ('a mid bin Pnrlflr.. .. .. . . t'lilc., Mil. and 8t. Paul... Krle Illinois Ontrnl . . . ismisvilh* nml Nashville. . .. Rending Pennsylvania j Southern PmMfle., ,, Union Pacific .. United Htates Hteel.. .*. .. .. do. preferred t WEATHER IN COTTON BELT. rnnu. .78: t’llrro, .S>; IWIInn, .32: Dulilln. .BO; Fort Worth, .10: Onlvrntcm. .76: Own- vtltr, .20; tlou.ton, .14; Kvmille, .12; I nun. pnnFn. .10; IningTlrw. .62; l.ulln*. .«; Mrsln, .10; A'noogiloolien, .26; I’nlrntlnr, .14; 8nn Antonio, .18; Hun darcM, 1.02; Hhrmum, .24; Tnylor, 1.10; Tomple, l.lo; Wuro, .60; WnXKhalilllr, I.M; Wrnthrr fort, .20; Whftrton, .54 Mlnnlanippl—-larluon, rlear nml plaannnt. rain yrnirnlny nfrernoon; Nnlrhra. pnrily rlouily, temperature SJ; Merldlnn. clear nml pirn aunt; llnttlrnlmnr. Alvenleen nml Am- ory, eliHir nml hot; Tupelo, clear and pleaa. "'Alabama—Dtrwln,haui, clear anil warm; Hclmn, Montgomery ami Opelika, clear anil hot: ilnntnvTtle. clear nml hot. rain Inat night: Molille. clear anil liol. fleorgln—Snvnnnah. Macon and Columhiia. clear nml hot; Amertrna, clear and wnrm: Allmny. iiartly cloudy nod warm, had rant rain I'aat night. WEATHER IN WHEAT BELT. Extreme Northweat—tlenemlly cloudy. 44 to 64 nlnwe; hn-nl ralna; raining at t nlgnry. .Northweat—flood. 62 lo 70 above: ralna: now raining at Wlllltloo, lllamarck, and "ti’eit' n'uii Smithwcat-llenerally fair, 6} lo 7* almve: ahowera nt Sioux city, I'eorla, St. Inmla nml Sprlllgfleld, Mo. WEATHER FORECAST. Imiilalnmi. Alolmina. Mlaalaatpnt and Eaat Texas—Shower* Tuesday nnd Wcdnewlay; litrlit lo frenh nootMMt wind,. tlisvrgln—Khviwcra In the Interior and fair on the coast Tneinliry nnd Wedmmlay; light W Kn st hi! 11* Vt^eat * FI nrl dn—7 nven 1 rain. Toe,, day and Wednesday; light variable winds. West Tex.ns—Fair In south portion nnd showers sml cooler In north |H)rtlon Tues- dsv nnd Wednesday. , .. , Illinois nnd Indiana—Hhoweri tonight and tomorrow, cooler. Michigan. Wisconsin, lows. Ramus. Ne- brnsks. Booth Dakota itful North Dakota— Showers tonight or tomorrow, *.*ooler. Alabama—The day. temperatures were moderately higher, showers were frequent luring the forepart of the week, when the rainfall was heavy nt scattered points. The weather was clear during the last four days. Rain needed In some northeastern, south central and southeastern comities. Arkansas-Tlie weather was very favora ble. The temperature was slightly above the normal. Excessive ruins occurred In few counties, but genernll the rainfall was light nnd well distributed. There was [tie sunshine. Georgia--Went her was wnrm and oppres sive most of the week. Mean tempera Hire nlKint 2 degrees almve normal. Ther* was nbuiidaiit sunshine. Rains were lo cnl In character, being heaviest In tin mountain district. The rainfall was slight ly Mow the normal, many sections re THE COFFEE MARKET. £il. The rainfall was deficient In most sections. The temperature was about iho normal In the w#lrwi jmrtlons, and almve normal In the eastern tH/rtltw*. There was much cloudiness the latter part of the week. The sunshine was deficient. , Mississippi—The temperature was about 1 degree almve the normal. The rainfall was ample, except In some central nml northern counties, nml was excessive In Warren, Mnudewhile and Ohtrk counties. The sunshine was nmple. North Carolina—The weather was gen erally warm nnd sultry. Temperature averaged nlwnit 3 degrees almve normal. Rainfall somewhat almve normal for the state, and was very heavy In the north ern counties, whew* considerable damage was done. Oklahoma and Indian Territory—The weather wna generally clear and dry. The temperature was normal over the whole section. The rainfall was unevenly dis tributed, being deficient except over scat tered nrpna In the northeastern nnd cetifral portions, where heavy local showers oc curred. South Carolina—The temperature was almve normal, nnd wna unusually equable. The sunshine was deficient. Rainfall henry locally, Imt was much Mow normal lu a few places. Thunderstorms were frequent, find some were accompanied by high winds. Texas—While there was considerable sun* tine during the week, there were scattered light to moderate showers. The rainfall was almve the normal on the southwest ern roast, nud lu one or two central rand northeastern rountles, and some below the normal elsewhere. Numerous counties, es pecially In the western half of the state, received no rainfall. The temperature was slightly higher than usual, except lu went- rrni simwcrs, mm ihe imuim, generally Mow the normal. It was sufficient, ns a rule, for Immediate needs. New York. Aug. 21.—The coffee market opened steady at unehangml prices to d<*clltie of 5 point** a ,,,, r u, ‘*d about the Initial basis during tin* forenoon. Trad ing was only moderate, sales to midday being some 2,000 hags. The opening was nlmut ns due on the foreign eshles, and the tone of the market was fairly steady nt a decline, with no fresh speculative fea ture.—Gll»crt & Clay. Opening range nnd clone of the Sew York coffee market for todoy was as follows: Opening Kan go. Clone. January 7.10-7.16 7.06-7.10 February 7.15-7.25 7.1.VYJM March./ 7.26 7.20-7.2? April 7.35*7.80 7.25-7.D . ,,7.35-7.40 7.30-7.3*. ...7.40-7.50 7.35-7 44 .. ..7.46-7,80 7.45-7.60 ....6.90-7.00 6.75-6.80 .. ,.6.90 6.76-6.80 ..6.90-7.00 6.86-00 . ..6.96-7.06 6.90-6!% ....7.06 7.00-7.06 April.. .. .. .. .. Mny June July August Hcptetttlier n#»to>H*r.. .. November December.. nosed ntendy. Klerntor storks In Chicago are: Wheat— Public 8,071,000; private 6,362,000. Total, 13.373,000; Inst year 6,123,000. - Corn—Public 588.000; private^36,000. To tal 1,473.000; last year 3,998,000. Ofito—Public 823.000; private 2,321,000. To- tal 3,144.000; Inst year 6,604.000. John Upton, of J. F. Harris * Co., ImitghC 600,000 May corn. SOUTHERN EXCHANGE OldMt Extabltiih.il Offlc# South. COnOH—STOCKS BONOS—GRAIN Ground Floor Oould Building. Dally market l.ttrr nnd market manual malltd on application. L J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Correspondent's Capital $250,000 RtrCRCNCX, THE NEAL BANK PHONE 1417. PRUDENTIAL BLOC HUBBARD BROS & CO., mSants Atlanta Office.. 219-221 Century Building. Member. New York Cotton Exchange, New Or leans Cotton Exchange, Liverpool Cotton A»«o- ci nt Ion, Chicago Board of Trade, Sew York Cof fee Exchange, New York Produce Exchange. Business solicited for the above exchanges. Direct wire «ervlce. Correspondence invited. Phonet 454, Long Distance 39. A.S. Hustacc, Mgr. Private Wire to "Ware & Maud. Chicago, Aug. 21.—Very small trade lu wheat at the opening. * A little demand from pit operators, nnd Utile wiling by “ northwest. No^ snap to the wheat market today. Nervous shorts covered yesterday, and do. luuiid today is light. Flour shipments iit Minneapolis 47,165 bar rels. Minneapolis wires: "Market starts off bare of orders from outside. Coiiflhdltig reports on threshing returns, hut elevator people generally are satisfied. No feature to Mhinenpofta yet. except buying of Sep tember nml sidling of December. "Report* yesterday of damage to about 10,000 bushels of wheat on ueeoiint of hot weather seems to be very extreme from later reports. There was prolmhly some shrinkage. Weather north now Is good." Country nccoptauco/i are light of grains. Rids last night lu some rases «_ not follow the full advunce of yesterday iu futures. Provisions a shade easier. Some commis sion-house buying of lard with selling by local longs. Trade light, with no particu lar features. Private Wire to albert & (lay. Chicago, Aug. 2L—Believe northwest news of poorer returns thnu anticipated will glvu us sternly nnd higher wheat market. Corn acts firm; short luterest large. Liberal reoelid* of oats, hut couutry will not sell freely at these prices. The Record-Herald says: ••Wheat spec ula tors took fright yesterday nt the close nt hot wenther damage to In4e wheat in North Dakota without stopping to think how great this damage could lie figured. On the most liberal basts, it could only be small, provided the damage was of re cent date, nnd not the culmination of dam age. "A big miller said yesterday that buyers were not intllug over each other to lay 111 a Idg stock of flour, but We are doing a good, steady trade. The buyers, how ever, ouly work from hand to month, niul want everything delivered right away." Hales of cash grain in Chicago; Thirty- live thousand wheat, f70,000 eorn nnd 150,000 oats. Charters were made for 100,000 corn at 2c to Buffalo. GIBERT & CLAV8 DAILY COTTON LETTER. New Orleans, Aug. 21.—In the early ses sion of the Mvernool market options were very steady nml advanced considerably on general covering by shorts, but Inter, when the opening weakness of the Amer ican markets hontiuc apparent, Hie greater imrtlon of tho Improvement was lost until rinsing prices were from W'J points over the previous day's levels. Hpot sales were 5,000 hales 3 points higher. The encour agement furnished hr Liverpool on the opening of the els-Atlautle markets was little heeded, and under the influence of free offerings, nml in the absence of any demand, prices broke rather sharply, ma terially aided by the liquidation of the us ual long interest bought lu anticipation of n further reaction. However, when nu advance did become Imminent, the desire to lend assistance was restricted by the weakness prornJJJng abroad, ond It was not until the foreign markets dosed that n fresh buying power set In. The gov ernment's review of the weather for the past week was entirely satisfactory, the only complaint recorded being the uneven distribution of moisture. But the free manner In which cotton Is moving In Texas makes It evident that th»* weather has been favorable for picking, while reports from the eastern belt Indicate general re lief, in thnt thus far the critlraj mouth of Augntt has been bridged with no inure than expected deterioration, making all the more assured the prospect for n spJen did out-turn. WHEAT OPENEO SLIGHTLY LOWER Unresponsive Cables From .Liverpool Market the Influence. PRESSURE WAS LIGHT Rains in Northwest Offset the Cables and Had a Steadying Effect. By Private Leased Wire. Chicago, Ang. 21.—Wheat held up well la price until tlie world’s visible supply of wheat was received, showing .an Increas* of 3.694,000 bushels for the week, against Increase of 1,363,030 bushels a year ago. This caused some sidling nud the best price* of the day were not well held, yet ther* was considerable stubbornness on Mu* soft spots. The report thnt the Khenrson-IIammll line of Heptemticr wheat had gone oat ~ \ In grain cm xporters were ... . ■ kept under _ York was «r steady seller nil day. Wheat cloned %v ludow tin* best prlc* reached, yet showed gains of HGHe for the dny. Torn closed quiet nt upturns of HG%c. Gats closed higher to Uc lower. Fash snl«'* small. PRIMARY MOVEMENT. The following figures give the primary .lavement of wheat ana eorn: Wheat—Receipt* today 603.000 bushels, gainst 668,060 last year; shipments t-nlny, ’>5,009 bushels, against 436,000 bushels tn<t ear. Guru—Receipt* today 411,000 bushels. L. J. ANDER8DN & CO/8 DAILY COTTON LETTER New York, Aug. 21.—The Liverpool futur# market waa stronger than an ticipated this morning, opening 6 to 10 points up, but this advance was lost at the close on the failure of the New York market to follow. Liverpool has shown a tendency to resist the New York decline nil along, and no doubt would welcome an advance at this time, but the spinners there do not care to take the lead In a situation of this kind. The market seems to have pretty well discounted even the favor able prospects, and ns the crop Is by no means inode there will probably bo many scares between this time and such time ns the spinners have ob tained sufficient supplies, of new cotton to ease the situation. Boll weevil nnd shedding are now becoming familiar complaints In the dally reports, and will probably have considerable weight around 9c cotton. THE 8UGAR MARKET. By Private Leased W Ire. New York, Aug. 2!.—!<ocnl sugar, refined snd raw. unchanged, lsmdoii licet steady; August 9s 2%d; September 9s ltyd. CHICAGO GRAIN MARKET. for today follow: Open. High. Dec...... 7 May.... li CORNp OATH- Hept 29H Doe...... 39% May 33 I'ORK- Hept.. 17.12% 17.15 Jan.... 13.32% 13.52% 13.45 LAKl>- HepL.f 8.70 8.70 9.00 Oct.... 8.70 Jan... 7.87% 81 DBS— kept... 9.00 9.00 Oct.... 8.72% 8.76 Jan.... 7.22% 7.26 t'AHll WIIKAT— No. 2 rod 71%©72%; No. 3 do 71fi7J%: ! lmrd winter 7W©71%; No. 3 do 70%tf7L 8.92% 8.70 7.22% CHICAGO CAR LOT8. Wheat.. Uorn.. ,. Oats.. llogs.. .. Today. Tomorrow. NORTHWEST CARS. Tbe^ following figures gljt f tfiw northwest Last Minneapolis, . Duluth. . . . LIVERPOOL GRAIN MARKET. Wheat—Opened %o higher; at 130 p. m., %«• higher; closed %o higher. Porn—Opened %c higher: nt 1:30 p. m.. He higher; dosed higher. Girardeau is honest, clean and well qualified for ttye position of county treasurer. ATLANTA NATIONAL BANK ATLANTA. GA C. E. CURRIER, Preuldent. A. E. THORNTON, Vlc.-Pratld.nt. H. T. INMAN, Vice-President. QEO. R. DONOVAN, C.ihl.r, JAME8 S, FLOYD, Aee’t Cashier. Capital $500,000.00 . Surplus and Undivided Profits $500,000.00 We Solicit Your Patronage. Frank Hawkins, President. H. M. Atkinson, V. P. Tnrnnas C. Erwin. Asst. Cashier. Joseph A. McCord, Cat Mae. It. W. wyers. Asst. Cashier. Third National Bank Capital Surplus $200,000.00. $300,000.00. Dr. A. W. rslhoon. Milton Dargnn. in W. Grant. Y. McCord. DIRECTORS: j. «. NannnDy. Frank Hawkins. J. Carroll Payne. II. II. Atkinson. IL B. Rosser. Joseph A. McCord. David Woodwsnl WM. L. PEEL, President. ROBT. F. MADDOX, Vlce-Pre*. Everybody admits the race for Treasurer is be tween Culberson and Wood-! ward. Who do you want to | win? Ntm Orirasi. COTTON^GRAU?', *Fl!OVIs!o .VS,H^CKS? BONDS, 2 Will SI.. ?.l.n B.ildi.g, AHi.li, Cm. KEMItlS; •wSnEfkcu„. “uhamail ^ l... ijo SuiUtd riant 29$. MADD0X-RUCKER BANKING CO. CAPITAL $200,000.00 SURPLUS AND PROFITS . . . . $500,000.00 ACCOUNTS INVITED We invite accounts of individuals, corporations, banks and bankers nnd offer the best terms consistent with , conservative hanking. In our Savings Department we allow Interest at the Rate of 3 1-2 per cent. Compounded Semi-Annually.