Newspaper Page Text
EDITED BY
JOSEPH B. LIVELY
* . ^
( THE GEORGIAN’S RECORD OF MARKETS AND FINANCE )
Mr. Lively’* 25 years* experience
>f editing markets In Atlanta and
the South koa made h!in a rec
ognized authority In his specialty.
SLIGHTLY BETTER
goon After tlic Call Prices
Dropped Under Last
Night’s Close.
BEAKS AGAINST RISE
Pressure Designed to Fur
nish Better Basis For
Covering Big Lines.
By Private Leased Wirt*.
S>« York, Aug. 21^-Tho cotton mnrket
opened steady up 2®6 poluta, and while
Wall street continued n bnyer. there «p-
i.*-nred to ta strong efforts froul other
aeun-ea to break the Hat, nud pit traders,
hk a elnaa, were ugnlint It. Soon after
tb«> .nil. price* dropped under luat night's
chute. ;in»I by 10:15 a. iu. were 7{?9 points
Qcf h>\rer. It was rimiored that Home of
th* bear pressure was designed to fur*
Dish it tattef busin for coverings In some
big lines existing here.
An effort was made to advance the price
' cotton tills morning which wns success-
luring the morning trading, during
v hi.di time yesterday'N high point wns
itoine 2tf5 points on some Wall
buying, and reimrts of rains Iu
reeeipts and stop picking in that section.
After advancing to n point some VtfG
points above yesterday's final figures, prof
it taking resulted In a loss of all the early
NEWS AND GOSSIP
01 the Fleecy Staple.
TONE IRREGULAR
Private Wire to Albert 4 Clay.
New York. Aug. 21.—Liverpool opened 4
to b tip. Expected to la* 2 to S up
Plenty of cotton for snle ninl no demand.
Liverpool cables: “Market steady, bears
erltig.
«ontliTTcxas nilviilns plenty of rains. This
will curtail rm-lpts ninl amp picking. nml
It 1. only aourcu nf .upiily of new c'uttuu
lit the moment.
Journal of Commerce says: “The scarcity
In the primary markets for the day was
conflat'd to goods for quick delivery. The
Jobbing houses dltl an excellent business
from the time the doors were opened. In
one bouse alone fully 150 buyers passing
Iu before 10 o t lock. The character of the
demand Is atich that office forces are kept
dein
take ten
•riea. and buyer* who _
cases must ta content with five, so that
many entries are made Itefore the day's
overturn Is completed. There Is some dlf-
ferenee of opinion ns to what the murket
will tlo before the end of the year, but
“■eryone Is agreed that the Immediate slt-
ition is strong nud steady, with no accu
mulations In sight nud nothing to show
that the demand will be materially less
for some time to rotue.'*
Liverpool has been a very large buyer all
the morning. Thluk the market should do
better temporarily.
I^Foks as though rains might Interfere
with picking In only section that Is now
. _ . rlesus. Aug. ‘.’l.-LIvcrpool at 6
higher is much better than due. an advance
of 3 (mints only taJng expected.
Marl set entitled to a little more reaction,
but lacks snap. Would sell ou all good
bnlgea.
The decline tnls morning la due to the
selling out of some long cotton taught ex-
— He - —
been materially Interfered with, but stalk
growth has been most favorable, and gen-
rat conditions ndverse to further fruiting
freely encouraged."
and III the early nftcrnooii the
market was selling slightly lower thuu
the previous close, with the tone steady.
Galveston received 6,702 tales new to
day. New Orleans 93, Houston 8,969 and
Augusta 4.
lb-.'chits of new cotton to date at I Ions
.... II *« I.
tvlilcli was very steady 305 points
SPOT COT1 ON MARKET.
Nr
Llv
Savannah, steady
St. tatlls, quiet ut 9 9-16C.
Charleston, quiet at JUo.
Ilnustoii, steady nt %.
Boston, quiet at 10.10c.
Galveston, qnlet at 9%e.
Memphis, quiet at 9%e.
Norfolk, steady at 9%c.
Mobile, qulot nt 9%c.
Wilmington, nominal.
Baltimore, iiomlual.
TODAY’S PORT RECEIPTS.
The following table shows receipts at ths
Molillo. . . .
Savannah. .
Charleston. .
Wilmington.
Port Townsend.
Some Good Advances Were
Shown in the Opening
Dealings.
DECLINES WERE FEW
London Traded in About
75,000 Shares During
the Morning.
Ily Private Leaned Wire.
New York, Aug. 21.—Thin morning's mnr
ket bad aouie abatement, although not
very gr* .it In the taco ot the trementloua
speculatlv* movement. Profit-taking In
what evileutly was much larger volume
that. thJ preceding days had a sobering
effect. At the same time. It checked the
swift adrance In prices. Business accord
ingly fell off, although by all ordluary
standards of comparison. It was still ex
ceedlngly heavy. These changes, how'
ever, were not of much consequence to a!
ter the main ‘ character of the market.
Such reaction as occurred In stocks which
recently led the rise was very moderate,
and the uumtar of stocks which were
tnken^ In hand for fresh speculative oper
ations were aufflcleut to keep the upward
opened steady nt 6 up i
late. At 12:15 p. in., 5 to 7 up and steady.
Hales 5.000 spots, 3 up at 5.41d. Futures
were due to come unchanged to 5 up.
Cables are favorable, although spot sales
could Ik* larger.
Unless Liverpool eases off we should come
at least 6 points higher.
Geer * heavy seller of December. Weld
took 2,000.
New Orleans, Aug. 21.—The mnrket
quiet and somewhat steady. Around
many operators hesitate to sell, nud further
tannsfi crop developments or a continued
heavy movement will probably ta necessary
to cause a recession talow that level. Hpota
Inactive.
Vote for J. G. Woodward
for Ceuhty Treasurer.
THE WEATHER.
LOCAL FORECAST.
WEATHEh CONDITIONS.
With but few exception*, there lias been
n general decrease In air pressure oyer the
entire country east of the Hookies. The ba
rometer Is mi111 highest over the southeast,
though but little above normal. The cen
ter of lowest pressure Is over Wyoming,
Idaho and Nevada.
The rains In the Inst 21 hours have !>een
local In ehnrneter nud have been confluetl
to no particular section of the country.
The temperature has changed but little
In the last 24 hours, continuing high over
the country east of the Hoeklcs.
Ths conditions favor continued warm
INTERIOR MOVEMENT.
The following table shows receipts at the
Interior towns today, compared with the
nine day last year:
LIVERPOOL COTTON MARKET.
Liverpool, Aug. 21. 12:15 p. m.—Cotton,
uulet. with prices steady; middling
•inlands 5.lid; sale* 5.000; American 4.-
'■ulatlnii mill export 600; receipts 1,*
all America it.
tare* opened sternly.
Opening
Previous
I'lose
6.10-5.11
Jan. IVb. . ,
ft*!*.'March.
Manli-Aprll..
Range. < lore
....5.184.14 6.11
. .5.10 6.05
. .5.05-5.03 4.99
. .5.02 5.01 4.96
. .5.01 4.96
. .6.02 4.97
. ..5.U3 4-99
. .BJM.CS 5.01
..5.06-6.07 5.02-5.03 6.00-5.01
....5.08 5.03-5.04 5.01-5.02
4.9T
4.96 4.99
WARE A LELAND’S
DAILY COTTON LETTER
Ily i
yersold condition of the
up 20 points nt
market ear-
... __ ... jic time this
■■■I. but ou the rise cotton seemed
to ifor sale, anil as a result the tone had
nn appearance of heaviness as soon ns ng-
n "*-i\e operations rcascil. The reaction
"•>* not nt nil surprising, and. ns we point-
*1 out yesterday, n rally of 20 or 30 points
«as niNiiit due. It Is n question now wheth
er there will l»e enough uncertainty ami un-
iiumng shorts to bring them Into
:market In sufficient numbers to bring
* " it much more of au odvnnee. Crop re-
f**.' 1 • ■* '■ontlntie of such n nature that nn
■|j|g ‘ basis for a general buying mov
niyiit Is not in sight. On the other hand.
El f'mhed n level where n less
EH?.. market might be expected, and
until after the frost period the site of the
"ill ta of course a matter of conjee-
mi.-, i-roni time to time substantial renc-
■ lie anticipated, but there Is ns
COTTON REGION BULLETIN.
ntioiis were sufficient to keep the upward
tendency unimpaired. Loulav.lIle, Atlantic
foust Line, Great Northern and Northern
1’nelfic were the stocks particularly
lected fqr attention In the rsllrond group.
Aiming the Industrials. Colorado Fuel, Lo
couiotive. Republic Steel anti the Coppers
were the features. The drift seemed. If
nnythlug, to tie more toward the Industrial
quarter of the market than It has hith
erto been.
The atock market opened Irregular.
Great Northern preferred rose In all
11-2, Louisville and Nashville gained
1, Reading 3-4, Baltimore and Ohio and
Han time, August 21, 1906.
STATIONS OF
ATLANTA
DISTRICT.
’Atlanta,
. cloudy.
’Chattanooga, p. cloudy..
Columbus, clear.
Gainesville, clear.
Greenville, clear.
Griffin, clear. .
•Macon, dear. .
Monflcello, dear.
Newtisn, clear. .
Rome, dear.
lla|HH*sa,
lenr.
Tocctsi. clear. . .
West l'olnt. clear.
m
•it
•Minimum temperatures are for the 12-
hour period ciulliig at 8 a. m. this date.
HEAVY RAINFALLS.
Greensboro. N. C 1.94
72
Little Rook. . . .
Memphis
Mobile
Montgomery.. . ,
New Orleans. . .
Oklahoma. . . .
Savannah. . . .
Vicksburg. . . .
Wilmington. ...
T Indicates Inappreciable rainfall.
HI
!i|
1*3
*i u-t, unmiiiuic uiiu uiimi miu
Sugar 3-8, and Norfolk and Western
1-4. Amalgamated lost In all 1 point.
Steel preferred opened 3-4 lower.
Smelting lost 3-8 and United Stutes
Steel common on 15,000 shared opened
off 6-8. 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 wns In Wall
street. It was generally remarked that
the room had been supplied with more
stocks ull 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
rlally 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 lest few days. Other
Issues that have had a steady and quiet
upward movement continue.
Room traders who took on aggressive
position on the be(ir side of the market
yesterday offered stocks freely all
around the room during the first hour,
but nn the hour drew lo 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 firm.
LONDON 8TOCK MARKET.
Canadian Pacific
Fhlc., Mil. and Ht. Paul.
Erie ;
Illinois Central..
I IIIIUMS « fill mi.. .. .. .
.oulsvllle and Nashville.
Rending..
Pennsylvania
Southern Pacific
Union Pacific ....
United States Steel
do. preferred
2 pm
267Vi
m
WEATHER IN COTTON BELT.
loudy and hot, light
Texns—Houston, cloudy ana i
rain yesterday afternoon; Tyler, c
warm, light rain yesterday nftei
Texas Rainfall—rteerllle,.94: Bi
REMARKS.
The temperatures were slightly lower In
the western districts, with very little
change over the remainder of the belt.
Light .rains occurred cxrept In the Mobile
and Montgomery districts.
COTTON 8EED OIL MARKET.
New York. Aug. 21.—The market for cot
ton seed oil was fairly active and again
weak, with still lower records made ou all
deliveries. The pressure extended from
Keptemtar forward. Ha leg were quite lib
■"‘" i unit the i-ottou market has passed
jntough the deellnlug period of prices and
wi' 1 large receipts of new cotton nt flu*
prc'ent figures are taginning to aet ns a
i-il'. 1 '. ,n * factor. In all probability It
™ "* °f traders* market In Ini-
oral, and the demand. Influenced by the re
‘•Hate future.
Why
„ is Wc/’dward mak
ing his fight against Culber
son alone? He knows Cul
berson is the man he has got
to beat.
Iu cotton, favorable crop and
eat her report* and the absence of support
ing orders, wns rather disappointing. The
declines have lieen so much that some In
terest Is talng attracted to the mnrket. at-
of <
t^OOftWO "talesI* exerting n good deni of
Influence. The mnrket nt the close wns %c
up to L*e lower. November showed the
.troncth—W.r. 4
Oetotar.. ..
Novemtar...
December.. ,
January.. ..
'■ L ALABAMA ST.
GIBERT & CLAY
STOCKS.
BONDS.
COTTON. GRAIN.
COFFEE. PROVISIONS
ATLANTA. OA.
MCMBCRSi „ . . _
JESL k Exrhnnge.lNew Orient** Cotton Bxrhnnge.|Chlcsgo Board or Trnde
fe££ ottnn Bxehinge. New Orleans Stork Exebs nge.Llrerpool CottonAfsoclatlon
York Coffee ExctuugejNew Orleans Board of 1 rade.|t*aheston Cotton Lxihanga
. , ' Private Wire* to all Exchanges.
Lacal and Lena Dlatanca Telephone 5293.
n. FAGAN, Manxneft
cloudy and
.rrnooii.
■-niTTiur, .v,. Blanco. .46;
Corpus christl, .34; Oond
.78; Cnero, .40; Dallas,
conn. .W; i'u’ero, ’.40f Dallas. .32; Dublin,
.50; Fort Worth. .10; Galreston. .76; tlreen-
vllle. .29; Houston, .14; Kerrvllle, .12; Lam-
BI& ^ teSSCwJ’^ftUS,
.14; Han Antonio. .18; Hsn Marinos, 1.B;
Sherman, .24: Taylor. 1.10; Temple, 1.10;
Wneo, .60; Waxahatehle, 1.04; Moether-
ford, .a>: Wharton, .34.
Mississippi-Jackson, clear nud pleasant.
a in yesterdny afternoon; Natchex. partly
mdy. tcmiwrature 82; Meridian, clear and
pleasant; ifnttleshura. Atanleen and Am-
ory. # clear aud hot; I’tipelo, clear and picas-
Selma. Montgomery nud Opel
hot; Huntsville, clear and hot, rain Inst
night; Mobile, clear nnd hot. .
Georgia—Sn ran un h, Macon nnd Columbna,
clear and hot; America*, clear nnd warn*.
Albany, partly cloudy and warm, hart good
ralu Inst night.
RANGE OF NEW YORK STOCK MARKET
ItM’sglWev.
Iltld ll’i'se.
AmnlgnumttMl Copiier
American* Sugar Refining
Atlantic Coast Line
Anaconda ......JBi
American Locomotive.,
do, preferreil.,
«io. preierreu
American Cotton Oil
Baltimore aud Ohio
Brooklyn Rapid Transit
Canadian Pacific
Chicago nad Northwestern
Chesapeake nnd Ohio
Colorado Fuel and Iron..
Central Leather.......:...
do, preferred,
Delaware nnd Hudson
Distiller's Securities
Erie
do, preferred..
General Electric
Illinois Crutral
American Ice Securities
Louisville and Nashville
Mexican Central
Missouri Pacific
New York. Ontario and Wes ten
National Lead
Northern Pacific,
New York Central
Norfolk and Western
Pennsylvania
People's Gas
do, preU
Pacific, Mull
Reading *
Republic Steel
Rock Island
do, preferred...
United States Rubber
do, preferred
Southern Pacific*
Southern Hallway
do, preferred
Sloss-Mheffleld
Tennessee Cool nnd Iron
Texns suit-Pacific
Union Pacific
United States Steel
■ do, preferred.
Western Union
Wabash
do, preferred
Wisconsin Central
do, preferred
Total stock sales today 2.2M.9U0 shares.
NOTES ON GRAIN
Pointer, on Provliloni.
RANGE OF THE COTTON MARKET
AT NEW YORK.
AT NEW ORLEANS.
The following Is tbo range In cotton fu«
tures In New Orleans today:
1
|
9
3
* t
32
I
U
a
a
i
O
«
3
3
*2
2*
1 I ii
5 1 c t
Ang
kept. ; . . .
Oct
Nov
Dec
Jan.
Feb
March. . . .
8.81
8.87
9.0H
9.09
9.17
9.26
9.33
8.80
8$
9.10
9.09
9.19
9.2$
9J4
9.37
8.77
MO
8.97
9.06
9.06
9.16
9.26
9.25
8.77
8.12
9.09
9.06
9.17
9.26
9.31
9.V.
8.80-86
8.91-92
9.08-09
9.13-15
9.17
9.26-36
9.32-r.
9.36-37
8.76-79
8.86-88
9.04-A'.
9.09-11
9.14-16
9.23-24
9.29-30
9.82-33
Aug
t4ept
Oct. . .
Nov
Dec
Jon
Fell
March. . . .
9.60
9.15
9.06
’9.09
9.14
‘ 9.28
9.60
9.15
9.15
’o. is
9.22
Kii
9.60
9.06
8J9
' 9.00
9.06
b’.ie
9.6ft
9.10
9.12
’iui
9.20
'9!»
9.50-601 9.50-55
9.16-17 9.12-14
9.11- 12 9.10-11
9.12- 13 9.10-12
9.13- 14 9.10-11
9.19-20 9.16-17
9.22-23 9.20-23
9.29-30 9.26-27
WEEKLY WEATHER AND
CROP REPORT
Alntamn-fhe day temperatures
moderately higher, showers were frequent
during the forepart of the week, when
the rainfall was heavy, nt scattered (mints.
The wenther wns clenr during the last four
days. Itnln needed In some northeastern,
south central and southeastern counties.
Arkansas—The wenther wns very fnrorn-
le. -The temperature wns slightly, above
the normal. Excessive rains occurred In a
few counties, but genera 11 the rainfall was
light nnd well distributed. There was am
ple sunshine.
Georgia-Wen I her wns warm aud oppres
sive most of the week, Menn temne
tore about 2 degrees ntare norninl. Th«
THE COFFEE MARKET.
wns nbumlnnt sunshine. Itnln* were
enl Iu ehnrneter. being heaviest Iu tin
mountain district. The rainfall wns slight
ly talow the norninl, ninny sections re
celvfng none.
Lmlsln tin—Light scattered showers oc
curred dully, nnd nt the close of the week
were general. The rainfall was deficient
In most section*. The temperature was
nlniut the normal In the westren portions,
was much cloudiness the
of the week. The sunshine wns deficient
Mississippi—The temperature was staut
northern counties, and wns excessive
Warren. Lauderdale and Clark counties.
The sunshine wns ntnple.
erally warm and sultry. Temperature
averaged ntant 3 degrees above norninl.
Rainfall goinewhnt ntavo normal for the
state, nnd was very heavy In the north
ern counties, where considerable damage
wns done.
Oklahoma and Indian Territory—The
wenther wns generally clear nnd dry. The
teinperatnrc wns normal over the whole
section. The rainfall wns unevenly dis
tributed, living deficient except over scat
tered areas In the northeastern nnd central
portions, where heavy local showers oc
curred.
Houth Carollnn-The temperature was
atari* normal, nnd was nnnstinlly equable.
The lymshlne wns deficient. Rainfall a lienvy
locally, but was much talow normal In
few places. Thunderstorms ware frequent,
nnd some were accompanied by high
Imls. i
Texns—While there was considerable sun
shine during the week, then* were scattered
light to moderate showers. The rainfall
northeastern counties, nnd some talow the
normal elsewhere. Numerous counties, es
peclstly In the western half of the atate,
..... southeastern nnd eastern counties,
where It was talow the normal.
Tenneas«*e—The week was warm, with
scattered showers, and while the rainfall
was generally talow the normal. It was
“del* - 1
New York, Aug. 21.—The coffeo mnrket
opened steady nt unchanged pricea to a
decline of 5 polnta, and ruled on about the
Initial basin during the forenoon. Trad
ing was only moderate, sale* to midday
talng some 2.000 hags. The opening was
about as duo ou the foreign cables, mid
the tone of the mnrket wan fairly steady
nt a decline, with no fresh speculative fea
ture.—GIbort A Clay.
Opening range aud dose of the New York
coffee mnrket for today was as follows:
t Opening
I la nge. Close.
7.05-7.10
Private Wire to Ware & heland.
Chicago. Aug. 21.—Very small trade in
wheat at the opening. A little demand from
pit operators, and little selling by the
vered yesterdny, and de
..jin
Nervous shorts
lusnd h*luy Is light.
Flour slUpnieuls at Minneapolis 47.165 bar
rels.
Minneapolis wires: “Mnrket starts off
taro of orders from outside. Conflicting
reports on threshing returns, but elevator
people generally are satlsfiml. No feature
to Minneapolis yet, except buying of Hep-
temtar and selling of December.
"Reports yesterdny of damage to ntant
10,000 bushels of wheat on account of hot
weather seems to lie very extreme from
Inter reports. There was protably sonic
shrinkage. Weather north now Is good."
Country acceptances are light of all
grains. Bids lust night In some cases did
not follow the full advance of yestfirdny
In futures.
Provisions n shade easier. Some commis
sion house buying of lard with selling by
local longs. Trade light, with no particu
lar features.
Private Wire to GItart & Clay.
Chicago, Aug. 21.—Believe northwest news
of |»oorer returns than anticipated will give
ns steady nnd higher wheat market.
Corn acts firm; short Interest large.
Liberal receipts of oats, Imt country
III not sell freely nt these price*.
The Record-Hera id says; “Wheat s(ht
ulntors took fright yesterdny nt the clone
nt hot weather damage to late wheat In
North Dakota without stopping to thluk
how great this dnmuge could no figured.
On the most lltarnl Ini sis. It could only
ta small, provided the damage wns of re
rent date, nnd not the culmination of daiu
age.
WHEAT OPENER
SLIGHTLY LOWER
Unresponsive Cables From
Liverpool Market the
Influence.
were not railing <
lay lu
„ steady trade. The buyers, how
ever, only work from hand to month, nnd
want everything delivered* right away."
Hales of rash grain lu Chicago: Thirty-
re thousand wheat, 270,000 corn and 150,000
oats.
Charters were mode for 100,000 cor
tc to Buffalo.
GIBERT d CLAY 8
DAILY COTTON LETTER.
New Orleans. Aug. 21.—In the early sea-
very Steady ami I
on general covering by shorts, but Inter,
when the opening weakness of the Amer
ican markets liecnme apparent, »he greater
portion of the Improvement wns lost until
closlug prices were from UR poluta over
the previous day's level*. Spot sales wero
5,000 talcs 3 points higher. The encour
agement fiirnlsBcd by Llveriasd on the
oiienlug of the els-Atlnntlc markets was
little needed, and under the Infiueure of
free offerings, nnd In the absence of nny
tertelly aided by the liquidation fUr us
ual long. Interest taught In anticipation
of a further reaction. However, when an
advance did l>ecome Imminent, the desire
to lend assistance was restricted by the
weakness prevailing abroad, nnd It wns
not until the foreign morketa closed that
a fresh buying power act Iu. The
erninent'a 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 la moving In Texaa
while report*
*1 re-
eaj month
lief, In that thua far the
of August has lieen bridged with no mors
than expected deterioration, making nil
the morn assured the prospect for a spleu-
January,,
February..
March.. ..
Anri I..
May.. .. ,
Jane.... ..
July
August...
Hcptenitar
Oetotar
Novemtar
December
Closed steady.
,7.10-7.$
..7.15-7.25
....7.25
....7.267.39
, ..7.35-7.40
,..7.40-7.50
. ..6.90
..6.90-7.00
..6.96-7.06
....7.05
7.13,?:
7.30- 7.*
7.25-7.30
7.30- 7.31
7.86-7.44
7.45-7.60
6.756.90
6.75-6.80
fi.K-6.90
6.90-6.96
7.09-7.06
Elevator stocks In Chicago are: Wheat—
Public 8,071,000; private 5.362,000. Total,
13,873,000; Inst year 5,120,000.
Lorn—Public 538,000; private 935,000.
till 1,473.000; Inst' year 3,998,000.
Oats—Public 823,000; private 2,821,000. To
tal 8,144.000; Inst year 6.604.000.
John Upton, of J. F. Harris ft Co., bought
500,000 May corn.
L. J. ANDERSON A CO.’S
DAILY COTTON LETTER
SOUTHERN EXCHANGE
OldMt ClBblUbMl Office South.
COTTOI—STOCKS—NIBS (Mil
around Floor aould HulMlng. Dally
market letter nnd mnrket manunl
malted nn appll'-atlnri
Riifrielent, nn n rule, for Immediate nee.1,.
LJ. ANDERSON & CO
Bankers and Brokers,
COTTON. STOCKS, GRAIN
Correspondent's Capital $250,000
REFERENCE. THE NEAL BANK
PHONE I4IT. PRUDENTIAL BLO9
WEATHER IN WHEAT BELT.
Bltreme Nurtbne.t—tleliernlly rlmnly. 44
to 54 nlHtve; Inenl rnln,; minimi nt I'nlniry.
Northwent—Cloud, ta to 75 nleive, ralna:
now mining nt Wllll.tou, Illamarrk, and
“"( ! 12t C imi Routhwc.1—Oenemlly fair, W
to 7k nt>ovn; .liower, nt Hlniii city, 1-eortn,
si. I .mill nml tyrl'igHelil, Mo.
WEATHER FORECAST. ^
temlnlnim, Alnbomn, Mlnnlnatppl anil Kn,t
Texiu-Hhowem Tuewlay amt Wednesdays
light to fr.mh eonthen.t wind*.
(leorntn—Hhowem In the Interior nnd fair
on the riMiet Tneplny nnd Wednesday; light
wind., mostly smith. _
Kant nud »eit Florida—Local rain, lan
ds r nnd Wednesday; light ynrtnhle winds.
Went Tejmt-Fnlr In smith portion nnd
shower* and rmdor iu north portion Tuc*-
d*r nnd Wednesday. . ...
mint,If. nnd Indlann-Hboivers tonight and
tomorrow, cooler.
Michigan. Wisconsin, Iowa. knn*a*. Ne
braska. Houth Dakota nnd North Dakota—
shower* tonight or lower row, ».-ooler.
HUBBARD BROS & CO., SSm
Atlanta Offices, J19-2JI Century Building.
Members New York Cotton Exchange, New Or
leans Cotton Exchange, Liverpool Cotton Asno-
elation, Chicago Board of Trade, New York Cof
fee Exchange. New York Produce Exchange.
Business solicited for the above exchanges.
Direct wire service. Correspondence Invited.
Phone* 154. Lons Distance M. A. S. Huatace. Mar
Everybody admits the
race for Treasurer is be
tween Culberson and Wood-
ward. Who do you want to |
win?
cottonYgrain, ^Fro^isionS.Htocks ^BONDS,
V*. 2 Writ St., fritn fitbtfag, Affjafa. Ci.
VIM Bit S:
Of/cj.t, cm,.,a
IrilMwel ta. •*■",**■
$i»*dvd fk$*t 2M,
Sew York, Aug. II.—The Liverpool
future market was stronger than an
ticipated thla morning, opening 6 to
10 polnta up, but thla advance waft lost
at the clone on the failure of the New
York market <o follow. Liverpool has
nhown n tendency to rental the New
York decline all along, and no doubt
would welcome an advance at thi«
time, but the ftplnnern there do not
care to take the lead In a situation of
thin kind. The market neema to have
pretty well discounted even the favor
able prospects, and as the crqp Is by
no means made there will probably be
many scares between this time and
such time as the spinners have ob
tained sufficient supplies of new cotton
to ease the situation. Boll weevil and
shedding are now becoming familiar
complaints In the dally reports, and
will probably have considerable weight
around 9c cotton.
THE 8UGAR MARKET.
ew York, Aug. 21.—Local sugar, refined
and raw, uiirhnugcd. London licet ateady;
Auguat 9a 2*4<J; Hoi it ember’9s lftd.
of Heptomtar wheat had gone out
day.
Torn closed quiet at upturns of
tag * * * * * i*r to tl c lower.
e a simile lower for i
.1 qule
Oat* ciosml higher
I Dig product* were i
mg fractionally tatte.
grain were small.
- e docs
and fractionally tatter for lard nnd riba.
Cnsh sole* or g ^
PRIMARY MOVEMENT.
CHICAGO GRAIN MARKET.
for today
WnBAT-
Hept.
Dee.
May
COHN-
Bept....
Dee.,...
II NAT—
t 71ft 7IH 70% 71% 71%
ft Sh ft ft
May/..... 45
OATS-
Bfcr.; fH
Voiik- S
kept.. 17.12%
Jan.... lS.n%
LARD-
a a 1
St
Oct.... 8.70
Jan... 7.87%
SIDES—
kept... 9.00
8.70
8.70
7.87%
8.17% 8.8:
11
CASH
No. 2 red
2 hard winter
7,82%
8.92%
.73% 3.75 8.70
.22% 7.26 7.22%
WHEAT-
LCD,4
W
9.00
fl
CHICAGO CAR LOT«.
Today. Tomorrow.
NORTHWEST CARS.
Minneapolis. .
Duluth. ...
LIVERPOOL GRAIN MARKET.
Wheat—Opened %e higher: at 1:30 p. in.,
%c higher; cloawl %e higher.
4’orn— <»pene«I %c higher; at p. ra.,
lorn—iwoni w uikikt. iu i.o
Uc bl.b.r; rlonnl U4>V b*Zbrr.
Girardeau is honest, clean
and well qualified for the
position of county treasurer.
ATLANTA NATIONAL BANK
ATLANTA, GA
C. E. CURRIER, Prasldsnt A. E. THORNTON, Vic..Pr..ld*nl.
H. T. INMAN, Vlca-Presld.nt. OEO. R. DONOVAN, Cxhl.r.
JAMES S. FLOYD, All'! Ca.hler.
Capital $500,000.00
Surplus and Undivided Profits $500,000.00
We Solicit Your Patronage.
R. W. Dyer*. Aaat. Cashier.
Cft. a*.• aiftiuFJu, a, » •
Joseph A. McCord, CatMer.
Third National Bank
. . $200,000.00.
. . $300,000.00.
Capital
Surplus
Dr. A. W. Calhoun.
Milton Dnrgan.
John W. Grant.
XI. Y. McCord.
DIRECTORS:
Frank Hawkins.
II. M. Atktoaon.
Joseph A. McCord.
Davbl Woodward.
TIIOS. J. PEEPLES. Cashier.
JAS. G. LESTER. Ass t Cashier.
MADD0X-RUCKER BANKING CO.
CAPITAL
SURPLUS AND PROFITS
ACCOUNT. INVITED
$200,000.00
$500,000.00
Wo invite accounts of individuals, corporations, banks
and bankers and offer the best terms consistent with
conservative bauking.
PKES8URE WAS LIGHT
Rains in Northwest Offset
the Cables and Had a
Steadying Effect.
Ily Private Lm.nl Wire.
Chicago, Aug. 21.—Wheat held up well In
price uutll the world’s visible supply of
wheat wsa received, showing an Increase
of 3,694.000 bushels for the week, hgainst
nn Incrcaae of 1,283,000 bushel* a year ago.
Thla caused some selling aud the beat prices
wns considerable stubbornness on the soft
spots.
The report that the Hlfcnrsnn-HnintnU line
The following figures give the primary
movement of wheat anu corn;
Wheat— Receipts todny 808,000 bushels,
against 558.000 Inst yrnr; shipments todny,
565,000 bushels, against 436,000 bnsheln Inst
year.
Corn—Receipt* todny 411,000 boahels,
against 606,000 bushels Inst jenr; ship
ments today 460,000 bushels, against 4^,-
000 busheln last year.
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