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EDITED BY | JOSEPH B. LIVELY ( THE GEORGIAN’S RECORD OF MARKETS AND FINANCES' nd Lively's 25 yctra* rxperb editing markets In Atlanta South has mode him a ree gulzed authority In bla specialty. RESPONSE FEEBLE TO BETTER CABLES First Prices of Session Were at Advances of Only Five Points. NEWS AND GOSSIP Of the Fleecy Staple. SOLO HIGHER LATER Profit Taking, Favorable Weather and Crop News Turned Prices Down. Br private Leased Wire. •tv York, Aug. 22.—The cotton market bnd n poor opening in view of the cables. First prices were 6 joints higher. Pro fessional trading predominated early In the session, and It looked as though strong ef forts would Iks made to force ft number of big accounts with wenk margins to liqui date. and room traders again started the movement. The opening for cotton for future deliv ery in New York was disappointing in that, while an ndvnnee was noted. It was not n full response to the tatter sdvlces from Liverpool, tath spot and futures In that center being slightly tatter than due. As on yesterday, however, tatter prf_ followed the opening, the high taint of the previous day being passed, from which level the market turned dowuwsrd. taking of profits, favorable weather and liberal move ment of new cotton Ju Texas being the lu- 11 The' "jS'ew York Herald, In Its review of the cotton market last Katurdny, says: ••Some Interests profess to have* confi dence It) a yield of, at least, 13,000,000 bales, while more conservative estimators regard U.noO.ftOO bales as the maximum figure, tuul under the circumstance* It would seem that a miraculously fine condition must prevail from now on to give up - crop a million talcs larger than the In one. In order to raise 13,000,000 firth* from tills season's acreage. It means that every ju re must be picked and every here produce 220 pounds. How much likelihood there is t«r anything of the kind can be deter mined by comparing thia season with that •»f two years ago, when the average yield wns 223 pounds to the acre, and the crop condition throughout decidedly tatter. 8POT~COn ON ^MARKET. Private Wire to Qltart & Clay. New* York. Aug. 22.—Llverimol opened 6 UP. Bx|M*eted 4«f up. Liverpool cubles: ’Market has good un dertone; nothing offering, with improved de mand from spinners." rnr (mu ter. Hnggot Jc Co. say: "The fact must not be overlooked that this short selling has been going on since Itccemtar was selling at lie. so that, with all other things equal, the shorts have the advantage, aud. there must 1m* some decided change tafore a bull campaign can bo conducted with success, nmf we favor operating from the short side." Dick liras. & Co. say: "finder the clr- ennistances ami on technical s/HTulatJve grounds alone we can ace how this market could Jump over a half cett a pound quite readily tafore the end of the week, no matter what the expectation iuuy be regarding the next bureau of the census report. Mitchell offered 6M January at 10.26; Weld took them. Weld brokers good buyers on opening. New Orleans. Aug. 22.—Liverpool 6 high er fs a shade tatter than expected, an ad vance of 5 point* talng due, and Indicates a rendluess to respond to sny further mod erate gains recorded In cIs-Atlautic mar kets. Liverpool Cables: “Market has advanced In consequence of less favorable crop nc- cnuiifM, reported serious damage by rnlus, nud worms In Texas, Another cable says: “We think that __ market wJJ] advance, nnd purchases can be made cheaper now than for some time to come.” Waco, Tex., wires: "Crop continues to Improve; rains will delay movement some, but doing iio damage." Market Is qitlet but steady, the slight Improvement In ojwnlng prices seemingly well maintained on scattered buying for turn. Map shows widely scattered rains over belt, with cloudy weather fn the western taction, and alternate dear and cloudy In eastern. Liverpool tatter than expected, and nn CHANGES SMALL . AT m OPENING Commission ' Houses and Loudon Were Heavy Sellers Early. RANGE OF NEW YORK STOCK MARKET 5rl CAUSED THE DECLINE Atlanta, quiet at 9 7-Mc. Now York, quiet nt 10.10c. Liverpool, quiet at I.4M. % Augusta, quiet at 9ftt\ Savannah, steady at 9 316c. Sr, Lon!a, quiet at 10c. Iiostou, quiet nt 10.10c. Houston, steady at 9ftc. Ilhltlmore, nominal at Mi*. Galveston, quiet at 9%c. Memphis quiet at 9%c. Norfolk, stead/ at 9ftc. Mobile, dull at 9Vic. New Orleans, sternly, 974c. LIVERPOOL COTTON MARKET. tenor previously maintained. A dispatch from Itrenlinm. Washington county. Texas, says: "Showers have fall en iigalu here today, and In some localities weevils are reported as doing considerable damage. Rome farmers say that the crop Is made now, but tluit conditions are not favorable for the maturing of young tails now’ III the plant, which, with fnvornblo weather, would Increase the yield consld- Tex., wire*: “Rains delayed open ing. picking nnd marketing, bnt no serious damage, although worms and weevils are doing some damage. (Top In Texas Is a big "tie. _ # (Ireenvllle. R. C.. wires: “Crop Green wood to Greenville spotted, bnt generally E iod. Weather continues Ideal, ami crops iprovlng dally. Carolina ten days late." Prlvato Wire to Ware & Leland. New York, Aug. 22.—The market opcnotl steady 4 up. At 12:15 p. in., 6&7 up. and very steady. Rales 7.000 spots. 3 up at 6.44d. too much rain In Georgia ... __ little more and foroed short by weak shorts. Can see nothing to huv cotton on. however. Rehlll hnmmerlng the cotton market nnd ...m.... plenty of cotton. Orleans. Aug. 22.—Liverpool was due After First Few Minutes Quiet Buying Stead ied Prices. By Private Leased Wire. New York, Aug. 22,—It was difficult dur» lug the first two hours of today's trading to distinguish any tendency at all In <hu price movement. For the entire morning, the tide of speculation moved restlrasly to and fro. At Intervale, creditable strength was shown; nt other times It ap peared that realising sales wera sufficient to fill every bid of speculators anxious to renew the rise. Ueuerally, the trading by comparison with the previous day* was more suIn! ucd, a ml .the range of price* was much narrower. The feature of the morning was Great Northern preferred, whh-li was bid up violently 10 point*! from Its opening figures. Northern Pa cific rose briskly In sympathy, and the near association which these stocks nt present have in aiteculatlre calculations, with the movement lu steel shares, caused the latter to In* unit very firmly on heavy declines. Elsewhere, net changes oil - morning were generally small. The whola attitude of the speculative community was one of profound uncer tainty. lu the stock market opening changes for the most part showed Irregular fractional changes, Union Pacific o|H>iiod off K. but vered Its loss. !>cc)lnc« as a rule av- The stock market’s principal topic of dis cussion is of the (Ireat Northern ore deal. Houses that have lieeii heavy buyers of Hill nnd Ilarrimaii stocks, nnd also of the from small fractions, to a point, but after th«i first few minutes there v- ‘ * * * persistent buying all around tl volume of bindue — *“ **- - — again. governments unchanged. Other bonds are Irregular. LONDON STOCK MARKET. lean Sugar lletlulng, Atlantic Coast Line... A Huron tin American locomotive do. preferred Amerlhui Smelt lug Uefinlng do, preferred Atchison . do. preferred..,, American Cotton Oil..... Baltimore and Ohio.....,, Brooklyn Itajdd Transit Canadian PncUW I go and North we _ „ip*ak* and Ohio. Colorado Fuel and Iron Central feather. do, preferred,.,,.. Chicago and Ureat Western.., Chicago, Milwaukee nud Ht. Paul Delaware and Hudson Distiller's Securities „ do, ’ preferred.'.*. .... ’... ’. * ’’ V.' .7 General Electric Illinois Central..... American Ice Securities Louisville nud Nashville “ ‘ “ traj inn Y’ork, Ontario and Wevterr., attain I Lead, ortbern pacific 'rested Steel Car lending iepubllc Steel lock Iala ml do. preferred United States Rubber Mouthers' Pacific Southern Railway do, preferred..., RIoss.Rheffletd Tennessee Coal and Iron Texas and Pacific 1’hlon Pacific United States Steel do. preferred Vlrginla-Cnrollna Chemical do, preferred Western Union Wabash do, preferre<I Wisconsin Central Tarred., ...... sales today 1,663,900 shares? 107»ij wrtt NOTES ON GRAIN Pointers on Prortelom. RANGE OF THE COTTON MARKET AT NEW YORK. The fallowing Is the range In cotton III ’ (8 pmjdealcioa . . J 2t6 J27iV4 mud increased, with prices steady, uplands 5.4*1; sales 7,«»,* Auier- • nn e.sud; speculatlcm nnd ex|»ort 600; re- •eipts 101). all An J — belt. Temperatures are 5.05 Opening Range. Close. . ..5.15-5.17 6.14 ...5.09-5.11 5 M . ..5.03*6.06 6.02 4.W . .6.00-5.03 4.99-6.00 4.66 , ,.5.00-6.02 4.99-6.00 4.96 . .5.01 5.00-5.01 4.97 . , .6.04-6.06 5.02 4.99 .5.04-6.06 5.04 THE WEATHER. August. . . . August-Sept. . Sept.-Oct. . . Oct..Nov.. . Nov.-Bee,, ,, Dec.-Jan. . . Jun.-Feb. . .. Feb.-March. . Mnrrii-Aprit. , April May. . . Closed quiet. TODAY 7 * PORT RECEIPTS. Tb. following tal.le .how, reralpt. at tha Pori a tixlny, cuminretl with tha aaw» ill, »« 7»«n T thivatuinh. . I'borlMtun. . Wilmington. LOCAL FORECAST. WEATHER carton IONS. The decrease lu air pressure has been l enil during the past 2-1 hours, quite deep * filar*- 8 '- * ** H * * I hllndclpbla. INTERIOR MOVEMENT. ►ame day last year; llmisto... Auxeisrs. Mtiiiphls. t. J. ANDERSON » CO.’S DAILY COTTON LETTER N n York, Aug. 22.—lAffnrpool again endeavored to raise the price of «*otton mN morning hjr oiNming steady at nn ad- 'nn..- «,f 7 tMilnts. which advance was Utniutnliied up to the 2 p. m. cull. But New ' " r } responded only feebly, nnd after nn advance, prices again began to sag "n. Liverpool losing the biggest part of ! * tfnln. Heavy • rnlng were reported nin-ughofit the tait. but ntherst ise the new* v [ Do* ilay was featureless. Complaints yr weevil nnd she<ldliig ar« ata» rejMirted *ome Noctlons. but the bulk of the ,ra ' , V 'ontlnne* to believe that unless some overtakes the crop that the prom- '• f"r a Inrp* yl,l,l. <i’,. Ik-H.-vc, how- j ‘'f Hint even n large yield I* discounted *•» me*,, prices nnd as a rnnld change may , . ur „ ,,ur ‘ ,, ff the next month.* we continue '"‘Heve it dangi^ron* to s«dl short at this •'V 1 , Cotton at 8V6c to the farmers Is V .-"big to flood the market unless a cer- linn „f 14,0011,000 Imt.-n la abnwn. and J now that is n decided tincerfalnfy. THEORY GOODS MARKET. N'l-n Vork. Aub. M.—Tlm ilrjr gooda mar- .... .""I flr,n w **h nn active trnde going ' in ihe Jobbing houses. A white goods " "*e feature .of the day's bust- Inrge volume of goods was gen* ... , quite decided _ Jsslsslppl valley ami the Honth. Today the center of highest barometer la lu Montana, where the pressure Is only 3J.00 Inches. Over the rest of the country the pressure la low, flat and sluggish. Til** temperature has changed hut little except in the upper lake region, where It Is somewhat cooler. In the Inst 24 hours showers have occurred In )N>rtlons of llciirgla, along the Atlantic const from Florida to Mnlue, along the uortbern tarder of the l’ulted Mtutes and nt h numtar of stutlnus In the UiN*kles. The sluggish eastward drift of the atmos phere l« favorable for continued warm weather In this section, with scattered thunder showers tonight and Thursday. J. B. MAUBIJUV. Section Director, c'auadinn Fn rifle (Tile., Mil. and Ht. Paul.... L’ric. ...» Illinois Ontrnl !#oulsvIlle and Nashville.. Il«*ndlng Pennsylvania Southern Pacific Union Pacific . United States Steel do, preferred e 1 § S 2 i rf|«K j J Jwa'i 1 1 0 II a 1 . 5 9 a II J Ii Aug Hept Nov 1 ta Jan. . . . . F*b March. . . . 'iwi 9.10 9.17 9.1s 9.27 9.39 8.96 9.16 $ 9.31 9a\ "s’.** 9.03 9.14 9.13 9.22 "it: 8.89 9.06 9.14 9.16 Ml 8.76-80 8.87-89 9.6648 9.11-13 9.15-16 9.25-26 9.30-32 9.36-36 8.80-86 8.91-92 9.0S-09 9.13-15 9.17 9.25-36 9.3*2-33 9.36-37 Aug H<q)f Oct Rw! *. *. Jan Feb Marcta. . . 9.62 9.22 9.13 9.19 9.22 9.65 9.23 9.1S 'i’.i'j 9.26 **9.25 9.62 9.19 9.06 9.08 9.16 '9.25 9.C5 9.17 9.10 ■9.12 9.19 9.26 9.5543 9.16 . 9.10-11 9.12-13 9.12-13 9.18-19 9.21-23 9.28-29 9.50-69 9 16-17 9.11- 12 9.12- 11 9.13- 14 9.10-29' 9.22-21 9.294) Closed barely steady. TIPS PLASHED From \V*)l Stratt STOCKS AND BONDS. IMil. Aahwl. m " Georgia 4*6*. 1916.. .. Georgia. It. U. ««. 1910.. Snvfliinnb 5s. 1909 Mnroiis fis, 1910..,. .. 106 Atlanta. 5s. 1911 ..106 Atlanta, 4V4*. 1922 W Atlanta 4a, IWL. Atlanta nnd West Point. . . .1® Atlanta nnd West Point Debts..107 Central Boll way of Georgia 1st Income do, 2d In wine ilo, 3d Income.. .. Trim to WIM to Olhrrl A Clay. New York, Aug. 22.—Marshall, . Vhlle money rates may Im» the sti- tta nrr deal and report* Hist Union Pa cific holdings of Investment securities may pass Into the hands of a syndicate on vni* * K00O. The question - . Important In view of the narrow margin uf tutj>tos respective* W* held by the tanks, and lief to ta effective should sssuuie Georgia - Augusta and Ravannah. , . Honth western. -- ..261 . .116* ..116 ..120 ..112 WEATHER IN COTTON BELT. Texas—Tyler dear and warm. Dallas partly cloudy nud warm. Houston nariJj cloudy nml pleasant. Fort Worth cloudy; rallied Inst night. Ran Antonio cloudy nnd w'ltrm. Texas Rainfall—Dallas. 36; Blanco trace: Greenville .42: Kerrvllle .G«; tampaans .76 Longview .42; Ltillug .42; Msxlo .02: Nacog dnehes .16' Parts .Of,’ Han Marro* .26; Mber man ,18; Taylor .53; Temple .06; Waco .20; Wuxnhntchie .90; Weatherford ..’J6; Wharton .01; Huntsville, Galveston and Hnu An tonio, trace. . Mississippi—Yakon City partly cloudy and hot. Notches clear and warm: tempera ture 86, Jackson dear and pleasant. Atar- dooii, New Albany and Tupelo clear and hot. # AlrtlwmB—flHmii, SIoniKi.ni.ry. ppotlkn nml Mobil, olnr nud bol. Ilunlarlllo clror nml irnriu. WEATHER IN~WHEAT BELT. Kxtri'ino Norlhw»t—Pnrtljr cloudy; W to M nlHivo: K.lmrol min,. Xnrlhwnnt—Cloudy; H to «S nl.or.; *.m pml ruin,. SVi.,1 nml Sontbwpnl—Portly .Inodr; M to 70 nlnnrr: geu.ral ratlin In till —* ,_ fltiola; lornl in f. Pr|nt rlotb, w.r. Itrm, nml »m.o r il.llr.ry within thirty tiny, wor. , ■ ,inv. t'otton ynrn, wore ntonity on J,, 1 ' r ,l ’T nnm!»'r«. n>ut wrak on the conrw i," ,' r *i A mmlornte l.nMnwu wit. dolnit. iV"' 1M l«lM of ISO-ynrd nheetiiiK hnve ii juilil f.ir 11... 1 Hen (tort,, nml nn ne- !u ,, *""" American ran unit trade .Ja “ l ,r "*r«,.—oilwrt & Clay. . WEATHER FORECAST. IlcorKln—t-ocnl rnln, SVe«lne*lny and Tbnradny. Iteht to fra,I. rarlntile wind,. Virginia, Svrih Canillna, Honth t'an.llim, Kn»tcrii and Weetern KI.irlila-l.oeal rnlna Wedneaday nnd TWirwIny; light to fra«li vnrlnt.le wind*. .... . Aiabnnta. .Ml„l»tnpl, r,.iil,lnnn nod Texna—Generally fulr Wedneadoy nnd Thoraday; tight,wmtli wind,. tv,«r faxm, Saw Jleileo. Arxono. Ten newer. Kentucky,nud Wejt SIrclnla-Io- rnl rnlna \V.,]ue*lny amt Tltunulny. Arknmwn—Hhonrera Wedncwlny unit Thnra- dny, rooter Thuradny. liiillapn—im.wwa tonight or Thuradny: cooler In north p.n , 'l»»- . .. , ailnncK.tn-Hhotrera tonight: .fooler In aonthenat portion: Thnrwtay portly cloudy, with tdiowera In com portion. IcNrn-Hhowrra nnd c.K.ler tonight; Thnra- ilny ahowera: cmiler In cn«t portion. Sttanonrt—Hhmrera tonight or Thuradny; ''kITiiki,'miiT'ti.nlh Dakota—Ht.on-er, and » «• ALABAMA «T. GIBERT & CLAY 1TOCKB. BONOS. COTTON, CRAIN, correc. provisions ATLANTA. OA. MCHDCRSl ,T°rt> Stock EichangalSew Oftenna Cotton Eirhnnge.lCtitcagoBoarrlofTrad,. SS Vork Catfaa OrtSSa* 8£% ‘-•esl and Long Dlrtsnea Talep^onTi&t! B ”*‘“^ n, FAGAN, Martaoar. COTTON REGION BULLETIN. For tha 24 hours ending mt 3 a. meridian Blue. August **' 1905. •TATIONR OF ATt^INTA DISTRICT. ^Atluntn, clear., . •I'Unttnmwgn. clear. Uulumbns. dear. . . Gainesville, clear. . Greenville, clear. . Griffin, clear. . . . •Macon, clear. . . . Meat (cello, clear. . Newtiuu. clear. . . BnUie, clear. . . . Hpnr tan burg, clear. Tallapoosa, clear. . Toeeoa. dear. . . . West Point, dear. Mlnliiium icmpcniinrea ore .tor the 17- hour period euding nf * a. in. this date. HKAVV BAINFALIaH. Macon. On.. .. .. .. .. .* .# <• • BlackvUlf. #• 1 Amerlcus, Ua .. Milieu. Ga .. •• Quitman, Us., .. Tallahassee, Fin Ht. George, H. (- Florence. X. ('.. .. .. .. .. .» . Weldon. N. U.. ..1.94 :: ....1.60 .. .. ..2M .. ..1.74 .. ..2.24 CENTRAL STATION. Atlanta. . , . Augusta. . , Charleston. . fin I vest ou. . , Utile Ifock. . Memphis. . . . Mobile. . . . Montgomery. .Yew. Orleans. Oklahoma. . . Havaimab. . . Vicksburg. . Wllmlnuton. plft. Averages. T Indicates iunppredabW ralnTall. REMARKS. •lightly higher temi»ernturea were re|>ort- lu most of the western and wmthrrn dis trict*. Rains occurred In nil except the Mo bile district. The amounts were hrary at points In Georgia, North nnd Honth Carolina THE 8UGAR MARKET. By Private I .eased Wire. New York. Aug. SZ—Sngar, refined nml raw, unchanged. tandon l»eet market steady; Aujust 9a 2%d; Hep tern tar Is 2d. cooler tonight; Thursday partly cloud/. North Dakota—Hhowers timlgnt; cooler In east nnd south |H»rtfon; Thursday fair and slightly warmer. , flouts tin—Partly cloudy tonight: showers lit east imrtlou; Thursday fair and slight* ly warmer. kind of re- __ .... )amwe very Immirtnnt proiairtloua. Meantime, the only guide you have to ttaau develoinneuta fa the action of the mnrket, which may have to endure a further sidling movement this morning tafore the right kind of enpjmrt would logically appear. We expect to see the nictaTa nml steel stock* supjHirtcd; also the coalers." . Daniel Odell tn Co.; "Mnrket may dis play further weakness today, hut think good stoeks like Ateiiiwui, Southern Pacific. Ht. Paul nud Norfolk, Will then In* sihhi purchnaes. There was gmsl luiylug In tnesi Issues yesterday." Think Pennsylvania and Unlou Pacific will advance. The Nsw York Finnuclal Bureau aaya “Dlscrimliintfiig pui(*k«aca. eaitvciiiily on weakness today, will, we hnvr reasons for iMdtevlug, give good returns later. iiBUongh tanrJsh operations may ta expected lu con se«|ueiiee of the nntursl recessions of yes terday, which Is no more than commen surate Tilth the advance and will Induce a re-extensfon of ahortn ‘ of technique mild) to __ , — the public has taken a good weight of stfrks. That there has been distribution of stiM’ks Is plain to us, bnt that the bulk yet 1— -lu uMiilfirtlt. . —nil hnve sue- ... .. jfir oolaiogs tbs trend will continue upward under existing conditions, as we calculate them. We un derstand developments are nciidlng, to ta we talleve they shoubf ta averaged court dently on further declines, which arc likely to ta but temporary. It will probably ta found that a recovery will ta led by ape- dairies, aud these may ta found among low-priced (sauce which take leas money to ... greater safety. A* stated Tuesday morning, the general list should mark time and ta irregular tempo- rarllv. during which period n short interest will ta built up In nnridpntlon of Improve- mptit later on. A conservative bull position rill, wu firmly believe, give good results. Private Wire tu Ware A taliind. New Vork, Aug. 22.—tandon HGl point ' "with call money likely to stiffen further, reactions can he looked for, although the Tl ta extremely Irregular. .4 a renewal of talk rdatlng to ! Tilted MM tea Hied taking over Fnd, liut do not attach any Importance to It. O* aharp declines, talleve the good atoeka ran ta Ismght, and would favor Hteel. Amalgamated (’upper. Norfolk, Cjien- npetKe and Ohio, Erie and the low-priced ^Taik is still bullish on Harriman Padfira and Hill Isanea. It Is reported from.good quarter* that Republic Hteel la ready for a movement upward of 10 points. The Gate# faction la understood to ta handling the movement. Tips come direct from the bead of this party. ________ GIBERT A CLAV8 DAILY COTTON LETTER. New Orleans. Au^ 31~&bHy Mvrrr'*I cables were distinctly bullish oo new# of a legs farurnble character concerning tta J cr»H). which santlmcut options curlltr JW, reflected, bnt later lost wbeu the Urge abort Interest became more thoroughly II- AT NEW ORLEAN8. ture* lu New Orleuus WARE A LELAND’S DAILY COTTON LETTER din* effort of a large abort Interest to cotton without causing much of an adv.... lu prlcea and the except Iona I l.v favorable f by rar the greater p •counts nt hand from •rntiona are on a more restricted sc, lug to the uncertainty nnd the feeling that the market nmy ta In for u reaction of aftftJO points on nu oversold technical condition. Beyond this, no radical change in ffit ,, (Intent continues bearish, as u result of the progress of the cotton crop. It Is still early In the season, stud as cotton has not sold nt 9c In some nine, and the world' ‘ nods trade .Is III n profitable coudltloi., , uylng by spinners and the trade gen crntl/ at present prices is not surprising. In fact, It Is the part of wisdom for spluuera needing a Inrge quantlly of cof • an the coming season to lay In n (Hirffo of th«* stock at present prices. This sup- |s»rt has operated In favor of steadiness larger trader* are now willing urrvut level. B9MP — » op. ___ the mlvMUCtt lu the Northwest, which, some thtuk. wan fine to a little rati ou the (tart ot shorts in Mcpteinbcr up there. Armour sold December here. The tone of the wheat mnrket is distinctly changed from*the past two days. Hales can only lie made at coucfasious. The undertone of wheat has gradually gained strength the past few days, and prices hold steady with lio soiling pressure <»n the market, some further rally seems lu order. The pit crowd who on Monday were sell ing Hentemtar wheat Short nt '(0c are now going long of Deeemlwr around 76<\ Don’t see the logic of It. Gats opened slmdo higher on buying by the pit crowd. Bartlett, Frasier A Co. are now fair sellers of May. Updike uow sell ing May. Inter-Ocean: Vandusen-IIarrlngton, Minneapolis. Nays; "Tt Is tim early to esti mate the shrinkage of I ate crop lu the Northwest, caused bv heat. Reports Mon- dmibtcdly some shrinkage. Weather north now la good." As to Nebraska corn. Fremont wires; “Matuples ot growing corn coming to the of fice yesterday uml today show' they are best we ever bnd nt this time. Kernels are tat ween milk and dough, ears nr* tilled to tip nud v*ry henry. With continuation of warm weather and uo frost or rain for two weeks the bulk of our com crop Is made." Private Wire to Gltart & Olay. Chicago, Aug. 22.—Wheat cables are firm. Good export demand reported from the “ The Minneapolis mnrket was yesterday, reflecting detvriora- cron outlook. W* still talleve this factor will have a potent argument for higher Tirlees, • mu ■(-■uimh _ . h gnve the Decembr return at a premium of %e |H*r bushel for o latter. Email holdings «f Heptunitar ive taco pretty well liquidated during the \ decline of 16c per bushel. The ne- Is now In strong hands. Ha’ « of cash grain lu Chicago 45,00(\ wheat, 125,-^J rn and 170.000 oat*. ’Hcalnmnl sales 104,000 wheat, 26.000 copj and 75.000 oats. One firm yesterday taught COTTON HIGHER • ON PROFIT TAKING New York. Aug. 22.—The Him says: "The tendency to rally wss still noticeable and at the dove price* were slightly higher for the day. Sentiment among many in the trnde, including some of the more prom inent Interests, is still taurlsli. but for the time being, nt any rate, there was more disposition tu teenre profits than there was to engage extensively In new ventures on the abort able. Yet at ono time prices were lotver, owing to heavy selling for Hoatlieru nceontit through va rious wire houses aud commission houses. Then, too. the receipt* ot new cotton were heavy. Houston getting 8.989 now Miles, Galveston 6.702 and New Orleans 9\ The weather nt the South wan, lu the* main, favorable, though showers were reported, nt many points In Texas and a further preelpi- reactionary t-, ..jV Hoi|Hi I* , . ng again, and, of course. Inducement* for the trade to buy now' ticcaIdc would ta ataent on a rise, looks as though we would hnvo n good trading mnrket for some rime to pome quldntcd, firm I prices tain* 3 points yesterday's close. Mpot sales amounted to f.000 tale*, with quotations 3 i*>lnta high- er. In the past few' days, tb* market has developed Into n roinpsralively usrrow r ffalr, sorely In need of the brondenlug nfluciico of n more general outside Inter est. Under existing circumstances, the more professional elements are not In clined to aid the market either oo* way or the other, the belief prevailing that n sharp advance would uot ta lu keeping with the fnvoraldeness of crop news, while, ou the other hand, the recent de- cllu» ha a I teen so thorough that consid erable difficulty would. In nil prolmblllty, be experienced should un attempt ta inadf to force rallies lower. Under the sur face, however, there lies lui|s>rtili)t fac tors directly and Indirectly tanrlng upon the cotton market, and which, i|t their proper time, will undoubtedly exert their proportion of Influence. First, the fres movement of early cotton, which seems to portend sufficient supplies and the early undoing of hedges against spot commit- nieuts. Hecondl/, the recent questionable Inflation of values In the stock market may nt the time ot Its realization. Increase taarlab sentiment, and lu opposition tht fear that an over-burdensome short In terest may result In causing a further re action from low levels rocnitlv observed. SOUTHERN EXCHANGE OlJcnt t£«tab1l»h*d Office South. COTTON —STOCSS—BOROS—GRAIN Ground Floor Gould Building. Duly market inter nnd market manual mailed nn application. L.J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, CRAIN Correspondent's Capital $250,000 KEFKIUENCE. THE NEAL BANK PHONE MIT. PRUDENTIAL BLDG alined considerable damage. But, on the whole, the crim reporta continued to Indicate u large yield, and this nccovnta for the tanrlsb sentiment prevalent al most everywhere. Yet the recent sharp - clitic Is believed by man/ to have — counted for the time, at least, the favor able crop prospects, and there was eon- * ‘ *— 1 — long account count. Boom traders also taught for _ turn, nnd prominent anot Interests were g(Hsl hn/cra.Gltart k Clay. New Orleans, Aug. 21—The Times Detn- ocrat: "Yesterdo/** cotton market was er ratic because of the * conflict of profes sional opinion nt the moment made tbs talent think, Imt that was ntaut all. Era long the movement of new cut Put will ta Inrge enough to ta counted among each Influences.' Meanwhile, careful J) RAINS EXCESS! IN THEJNOBTHWESI Influence fora Firmer Open ing in the Wheat Market. * CABLES WERE HIGHER The' Canadian Crop Report ed Damaged Was Also a Bullish Help. By Private Leased Wire. Chlago, Auff. 22.—There was a firmer opening In wheat today Influence/ chiefly by reports of excessive rains In tha northwest and a forecast for more today. Cables were 3-8d higher on reported damage to the Canadian crop and a Arm Winnipeg markeL CHICAGO GRAl~NARKET. ff* 44% for today follow: Open. High, WHEAT- S=: I r ■ ” i“ i i OAT8- Hrpt * " KsJ Hept 17.00 Jiin.... 13.60 19.60 13.45 13.45 LARD- Hept... 9.66 8.62ft 9.60 8.60 Sr.:; «* ffis SIDE8- ffept.. i.97ft #.97ft 8.92ft 8.96 9.M Oct.... 8.70 , 8.72ft 8.67ft 8.90 8.75 Jan.,,, 7.22ft 7.26 7.30 7.2d 7.25 CAHII WHEAT- No. 2 red 73i/u73%; No. 3 red TlftM?**: No. 2 hard winter No. 3 do 70ft CFTOft. m sg 1 T7»l 48 S3t» 7« ii 29ft 33ft 8.«2ft 8.67ft 7.87ft PRIMARY MOVEMENT. movement ot wheit and iuiii. H Wheat—Becelnta today 638,000 bushel*, agulnut <21.600 bushels last year: shlrnuerlK tmlny 219,000 Imshels, against 316,Ow bush els last /ear. . Corn—Receipts today 632,000 imsbols. against 713,OOi) imshels last yrnr; shipments today 400,000 Imshels, against 450,000 buxbcla last year. LIVERPOOL GRAIN MARKET. Corn—Opened um*h*nged; Corn— Openeil um*hJinred; at 1:30 ftc higher, and clonal %G%c higher. NORTHWEST CARS, nt 1:30 p. lehcr. •*. >•» ». ilnj-'n inlturnrcu. •tinl.nr. of ,6, ulnitlt* art mmhh to mow • Iwirl.li nrgonumt out ot thr nliwnc# of I -rat, crop in.ntliin in thn govern* iiiiuit’. ,'otton raglmi liullntln An n mnt* ti*r Ilf fact, thorn would now »'«I11 to l» .gut,* muHui for rtie belief tbtt tho prop nml the tenor of the gurernrariiP. WIH-Itlx weather report, luire lnekml hnr* iii«inr‘of iletnll. nml tbnt Ueterloratlon ban hern more gironounmt In nomn wetlonn Ibuu gruerallr .iuihh IwI. However, limit ing the growtli of the new niov.meiit, • ntenrtjr If not n rrortlonnrr market I. <tn!te loglenl, I-Oglrnllr. the n|Kit mnrket ben not ret gone 0,1 the Intel, of new prop rnloe. Iiernnra n»w erop eotton tin. not begun to move In the New Orlrnim territory. Thl«, of eourae, neeount. for lome of the lUKtrepnio ^ li^epot nnit option reluee,"— COTTON SEED OIL MARKET. New York, Aug. r.'.—Tho merket for rot- ton neral oil wu. moderately nrilre nud Htendler. There wn. mmio little rommli- ■Ion home Imylng, nnd the prrnmrr In Kqpteuitar Win w 1 k “* 1 “““ *“ quite n liberal open account In dr temlH-r. The n-eenl wenknewi In fnterae bn. imeettlrd the market for erud., Ue- inrt. of fnvnrnlil. erop development. In Teen, .ml lllH-rnl e»tlmnfe. of top cotton erop eoutlnue to Ih> the prlnrlpal Indnenre egnlii.t value,. Tin- market nt Ih. cIom w»* arm, with ' ‘ opening.—It nr* August. .•••»»• Hcptomtar. Octotar. SOVHIIltar. e e e * >«r*mtar. ...... January . **-.t**~*-u Closed steady. Hales 800 Octotar at Jfft N CHICAGO CAR LOT8. Wheat.. . Corn.. .» Data. .. . Hogs.. Today. Tomorrow. THE COFFEE MARKET. New York, Aug. 22.—Tlu? opening of the coffee market made rather a poor showing, considering the favorable enblos, which did not fully respond to the New York de cline of yesterday. This stability of the Furopesn market appears singular. Inas much as a Urge share of the recent sell ing her* IS supposed to hnve been f*»r European account, and aa the local mar ket la not above a parity, the ravers* talng the esse.—Gltart A Clay. opening rang* sod close of the Now York coffee market for ‘ ‘ Cinenlnsr Close. 7.00-7.06 7.06-7,1* ciJEd’.'teidr: todny was oa follows; Openlr Hnngt* ■ ,7.05-7. ill *,7.10-7.20 ....7,20-7,25 .. «.7,26-7.36 • ..7.86 . ...7,36-7.45 ....7.45-7.60 • ..6.704.90 6.S0 . .,6.864.90 .. ..6.90-6,95 .• .7.00-7.06 7.16-7.20 7.20-7.26 7.26-7.30 7.36-7.40 7.40-7.45 6.70-6-76 6.704.75 6.104.85 4 96-6.95 6,96-7.00 Bom* demand for Canadian Pacific In the loan crowd, but other stock* plentiful. Germany placing orders for Smelting Irog and Coat in Knglnnd. nrM„Krwbi^*JS3»VrToR ta offered In the open market. tate^lwnkjucrfflHiH Its capital from IIOO,- take competition eausea reduction In ex port fTaIn rate*. • Twelve Industrials decreuaed .36 per cent. Twenty active railroads declined 1.3$ per LOWRV NATIONAL BANK CAPITAL, SURPLUS AND PROFITS OVER ONE MILLION DOLLARS Foreign Exchange, Travelers’ Checks, Brown Brothers' Letters of Credit available in ail parts of the world. cottonYgrauJ, ^rcvis?on's!sto£ks?bonls, fit. 2 Wall ft., Bulldiag. itlaata. Ga. MtUBlkS: few Yark Cation tiekaage. Chicago Board *f Trad*, Sew Orleaos ClRi hchaago. Chicago Stock Cuhang*. Littroaol Coltoa Aiin/iIIm, hew York Coffee Cichaagt. frltalt Wlrtt to Ht* York, Hte Orleaat, Chicago. B. C COTMKAN. Manager, mil Moot 12S2. Staadard Pbau ISk WM. L PREU President ROBT. F. MADDOX. Vlss-Pn MADD0X-RUCKER BANKING CO. SURPLUS AND PROFITS ACCOUNTS INVtTCO $200,990.00 $600,000.00 Wc Invite nccountB of Individuals, corporations, banks and bankers and offer tho best terms consistent with conservative banking. In our Ravings Department we allow Interest at the Rate of 3 1-2 per cent. Compounded Semi-Annually.