The Atlanta Georgian. (Atlanta, GA.) 1906-1907, August 28, 1906, Image 11

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JOSEPH B. LIVELY ( THE GEORGIAN’S RECORD OF MARKETS AND FINANCE^jjs 25 years* experience rkets In Atlanta nod baa made him a rec* authority In bta specialty. ENGLISH CABLES WERE BULLISH Sharp Advances Shown in Both Spot and Fu tures. SALES WERE SMALL New York Market Nervous and Sold Sharply Low er After Opening. mnrket opened sternly, unchanged »riie steadiness wa_ public cnblca and bullish prl- of the Southwest Cotton Association, which noted a deterioration of 8 per cent In the In Texas ,durin|t ^August. Trade wna active and well divii decidedly nuiiisn, first prices there iJMnj* aharfily and better than due on the ad vance in the American market! jester day. Spot was quoted 16 points up, at 5.65 on sales of only 3,000 bales, which Indicates that the spinner does need cotton at advancing prices. At the opening In New York, trode wna of a nervous character, and It was evident at the start that the bullish crop advices from Texas was discredited to a great extent, and that the Improvement was manipulated from this side for the pur- K tse of making a better selling basis r those bearish!/ Inclined, and at tha on me time allow the recent buyers to uu load at a fair profit. At a nr rate. the New York market did not ihlljr respond tt> the better cables. rices showing sharp declines for Brices osltlons. ss he got all the cotton he wnn ont advancing the • price, It was without efTect. Receipts of new cotton today Included * bales nt New Orleans, Houston 16.652, NEWS AND GOSSIP Ot the Fleecy Staple. Frlvnto Wire to (lUirrt Sc ('lav. New York, Aug. 28.—Liverpool opened 7 to 8 up: was expected 6 to 7 up. feature' 01 * u,ar * t * t is *I ulet **»»d without Price brokers again buying. ■■***' ‘ ‘lexunue Weld nud Iaitiium-Alexunuer are sellers, ut not largely. Commission houses doing very little either '$ e Commercial says: “Dulls are adver tising they will put October to 9.50.*' Liverpool cnbles: ••Market affected favor ably by shorts covering; others Imylug, ex pecting further recovery. Market feels In fluence of Price bulling.” .,l*Ick Ilros. A Co., say: "The strength of attributed to n renewal of bullish talk by Mr. Price, who for the first time In several weeks Issued some bullish crop dispatches. There was nothing lu the bulletin issued by hlui of which the con servative eleuieiit of the trade did not have knowledge." lMordnn bought 5,000 December ot 9.32 and wants 11,000 more. We might have further Advance, but this rallv Is u good opportunity to sell moder ately. Mauy the week opened reorders enme In by mall, but the bulk of the letters asked for prompt shipments on goods already uuder contract. Buyers are conservative and ure taking only the goods they can have sent on nt once. They ad mit that trade Is excellent with then), and that explains their anxiety ataut ship ments. Generally speaking, the primary market Is firm, nud ugeuts expect it to for use this fall. As long ns the good weather continues It Price to advance the Tiinr- will bo SnrS ... ket much. He got his 10.000 hales easily, and the market went down 6 points immediately afterwards. Nordetf continues to hammer the market. and selling Janunry nt 9.32. New Orleans, * ~ ’ * up more than __ ,ailr Atlantic ndvnuces. Was due 6 points higher. Dullish sentiment, assisted by the turn In They Claim That the Pres ent Reaction in Stocks Will Continue. RANGE OF NEW YORK STOCK MARKET OPENING WAS HIGHER There Were Realizing Sales All Around the Room After Opening. New York, Aug. 28.—Further weak- ness was reported In the early foreign crop reports, seems to be iucrenslug In that mnrket. The eastern forecast Indicates fnlr weath er tonight and Wednesday for Alabama, . esday __ , . Mississippi and west Florida. For the bal ance showers tonight nud tomorrow. stern forecast Indicates for Lousl- fair nud cooler tonight and warmer to morrow. For Arkansas, fair and wnrnier today, partly cloudy, and the same for southeast Texas. the balance, partly „ ul I ness with warmer weather except scattered showers tonight ami Wednesday In southwest Texos. Galveston 14,496, total receipts talng new. Estimated receipts: 1901 ___ 1965. Galveston.... 7,000 to 9,000 . 8.063 Houston 2,500 to 3,000 4,63b A dispatch from Cameron, Tex., aaysr rapidly, and hands, while not in excess hits bicii marketed. The weather Is rather hot for ct»t*»ji picking, but when It opens picking iK-glus. Private Wire to Ware A I-elnnd. New York. Aug. 28.—Liverpool futures opened steady, 6 up on near, 7 up on late. At 12:15 p. in., 6 to 9 up and steady. Sales come 6 to 7 up. . The Jonrunl of Commerce's crop reports, covering Mississippi nnd Tennessee, say cot- njr ...... ... ._ sects, bright prospects In Tennessee, plant large onu well fm“ * *~ fruited In some eases, lu others ;»ooriy; excessive rains dnmnged some sections, but not seriously. Shedding general nnd some rust; bolls beginning to open, but picking will not be general till Heptemtar 10 or 1$.. 1’sunl scarcity of Intar. Drouth seriously complained of In Missis- rft has been some miscellaneous buy* SPOT con ON MARKET. Atlautn, quiet nt 9%«\ New Ynrk.TjnlHr at f.90e. Hnvnnnah. steddy rhnrleaton. quiet at 9%e. Ht. I.otils, steady ntHMfcc. Houston, steady nt p%c. Doston. quiet at lOr. Norfolk, quiet at 8%C, Dnltlmore, munltml nt 9%c. Mobile, quiet at 9e. LIVERPOOL COTTON MARKET, - Liverpool, Aug. 28. 12:15 p. m.—Cott« •pot dull, with prices sternly: middling uplands Lied; sales 3,000; American 2.300; Futures opened Opening August. . . August-Sept. Sept, -t let. Oct.-Nov. Nov.-Dec.. .. Dee.-Jan. . .Inn.-Feb. , , Feb.March. . Mnrrh-Aprll. Apill-May. Dante. iloae. Close. . ,,6.23-5.27 5.23 8.18 . .6.17-5.18 5.14 5.11 . .5.08-5.11 5.05-5.06 5.03 . .5.08 6.03-6.04 5.00 . .6.06 5-03-6.04 6.00-5.01 ,,,5.08-5.09 5.04-5.06 5.01-5.02 closed easy. .5.06-5.10 6.06-5.06 5.02-5.03 .5.10-6.12 5.07-5.08 5.04-5.05 .6.13-5.14 6.09 5.06-5.07 .5.14 6.10*11 6.06 TODAY’S PORT RECEIPTS. The following table shows receipts at tha porta today, compared with tha same day last year: New Orleans. Galveston. . . Mobile Kavnniinh. . . Charleston. . , Wilmington. . . Norfolk. . . , Boston.' . . i . , San Francisco, rcnsncola. . ... "2235 the crowd has will ease off. Cotton that Hchlll nnd Ilentx have sold has been well taken, and Dlordan Is a good barer. New Orleans,. Aug. • 28.—Cnbles are very favorable, except for the small spot sales, which Indicate that snlnners are not In Im mediate need of freSli supplies. Allowing prices to sag off seems to bo markets this morning, but the declines were of no great importance. Rus sian bonds fell another 1-2 point and the discount on the new loan rose cor respondingly. Other government se curities were down a trifle, and it be ing the first day of the settlement in American shares, there was some heavy selling by foreign operators In this de partment. Before our opening, how ever, the weakness In London had been checked by buying orders Yrom this side, and recovery was assisted by the completion of the "carry-over" without the difficulties which it was feared would result from hard hit speculators for the decline. The support extend ed to the London market, was slgnlfi cant of the whole plan of operations here. From the opening It "was appar ent that strong efforts were being made to renew the advance. At the first buying converged upon one or two stocks only, Canadian pacific and Atch ison being the particular selections. Ameriofiu Sugar Refining... Anaconda American Locomotive. do, preferred American Smelling Defining do, preferred Atchison do, preferred American Cotton Oil Dnltlmore nud Ohio.... Brooklyn Rapid Transit..., Canadian Pacific........ Chicago nud Northwestern..... Chesapeake nnd Ohio Colorado Fuel nnd Iron Central Leather s. do, preferred Chicago nml Great Western Chicago, Milwaukee and St. Paul Delaware and Hudson.., Distiller's Securities do, preferred | j 111\11! General Electric Illinois Centra' American Ice Securities....... Louisville aud Nashville Mexican Central Missouri Pacific New York, Ontario and Western National -Lem Northern Pacific New York Central... Norfolk and Western Pennsylvania People's Gns Pressed Steel Car do, preferred sales nlackened, the rise eXten __ St. Paul, the Pacific, the Southwest ern shares, and some of the Industrial giving the market a fairly broad ap pearance. The atoek mnrket opened with aome de elded advances In prleea. Smelting nnd St. Paul started In l%e higher; Northern Pacific up l%c; Colorado Fuel nnd Atclil- sou up lc aud Amalgamated lie. Minor advances Included 14c In Ifendlng, Pennsyl vania, Steel preferred and Erie. In con trast. Anneondn opened 3 points lower, re acted lu nil 6 points, then rallied 8. mak ing a net gain of 2 per cent over jester* f or continued reaction. There were rcnllz ng sales nil around the room after the The buying on the early reac- openlng. The buying „ tfon was of the liest character, but ... sources of the buying orders were con- •paled by scattering the orders. Union part of the manipulation going on. The big o(>erdtors who are frying to run things _ — |d«ntly desirous of attracting fresh short sales with the view of running shorts lu later on. Some little business has l(cen done by exporters with Europe this small profits nnd sales .on any good ad vances for a long pull. Manipulators ought to Ik* able to put prices up for a while, but In the end a good crop ought to put them COTTON REGION BULLETIN. For the ,34 nonra ending nt 8 a. m., 75th meridian time, August 28, 1908. Importnnt price movement waa in Atchison, which rose to 106%, making a new high record. The Hill stocks showed strength. London taught about 40,000 shares, most ly Atchison. Rending •«•«•• Republic Steel Dock Island do, prefer red United States Rubber do, prefer red Southern Pacific Southern Railway .... do. preferred Sloss-Sbeffleld Tennessee Foal aud Iron Texas nml Pacific Union Pacific United States Steel do, preferred ..1. Virginia-Carolina Chemical do, preferred Western Union Wuhush • do, preferred Wisconsin Central do, preferred Total stock aalea today 1,615,100 shares. RANGE OF THE COTTON MARKET AT NEW YORK, The foliowing Is the range In cotton ftt I J3 5. Low | j i -»I**S | T«*a l II AUg. M a . . Hcpt Get Nov Dec Jan Feb March. . . . 8.90 8J8 1 1:2? Mf 9.64 a Efi til 9.43 1$ S:S BJi 104 !UC, 9.14 9.26 8.85 8.74 8. K9 9. j 9.16 9.22 9.27 8.68-73 8.73-76 8.88-W 8.96-98 EOi 07 0.15-16 9.20-21 9.26-27 8.92-37 1.97-99 9.12-H 9.21*23 9.30.31 9J9-40 93m7 9.B1«2 Closed steady. LONDON 8TOCK MARKET. STOCK— Anaconda,. Atchison.. Canadian Pacific Chic., Mil. and St. Paul.. Erie do. preferred.. .. f... ... STATIONS OF ATLANTA DISTRICT. •Atlanta, foggy •Chnttanoogn. cloudy. . . Columbus, cloudy. . . . ••Gainesville, cloudy. . . Greenville, cloudy. . . Griffin, cloudy •Macon, cloudy Moutlcello, cloudy. * . . Newnnn. cloudy Rome, p. cloudy. .... Spartanburg, cloudy...... Tallapoosa, cloudy Toccon. cloudy West Point, cloudy. . . . Minimum temperatures INTERIOR MOVEMENT. Tbe following table shows receipts at tha Interior towns today, compared with the Mine day last year; Houston Augusta Memphis Louis Cincinnati Total. WARE & LELAND'S DAILY COTTON LETTER .i*-- York,- A hit. 28.—Klfnrta to run In im* short Interest nnd liooet prices were t” ns successful this morning as jester- lnv ,- During the late trading yesterday, brokers were sent Into the ring to bid !?" market up. nnd prices advanced rapid- V 0,1 "top-loBu orders. Today buying or- der* were sent, to Liverpool; that market advanced sharply, Imt n large quantity of ••otton tnketi above f.30 for DeeeraWr en countered so much resistance to the buying movement that prices slipped off again ver> fVMIjr. "bd during the midday trading price* Bohi down ns low as those quoted WSfday for most options. Tin* collapse th- market was somewhat of n sur- i • nn thp m*tket opened very steady ’"Wm *or* wen* of the opinion that effort to advance the present level n,rr >’ Prices 10 points higher. There * , too much cotton for wtle, however, 5n k fr ' M n 9,14 tor Mw*wlt# r , prices ran .... for the 12- ..... m. this date. ••Received too late (wire trouble); not in cluded In averages. hour |H*rlod ending nt 8 f HEAVY RAINFALLS. Gainesville, Gn flood water. Ala Jacksonville. Fla.. Charleston. ..... Galveston Little Rock Memphis Mobile Montgomery. . . . New Orleans. . . . Oklahoma Savannah Vicksburg. . If IH.r, Ar,r.,„. 85 | M | .« tlcnto REMARK8. The temperatures Intve fallen several de grees over most of the western districts during the past 24 hours. Little or no ralu has fallen In the Galveston. New Orleans. Oklahoma nnd Vicksburg districts. Heavy rnlhs have occurred at poluts In Alabama, Georgia and Florida. on nny advance, and It Is a question wheth er the market Is broad enough nnd will attrart enough general business to advance much further. While some unsatisfactory crop accounts are at hand, the crop, as a whole, seems to In* doing remarkably well, nml Indications seem to point to a record yield. GIBERT & CLAY <• t ALABAMA ST. STOCKS. BONDS. COTTON. CRAIN. COFFEE. PROVISIONS ATLANTA. OA lenseRK Tor* Stock ExchnnitelN.w Origin Cotton ri^hinge.|C1ilc*>» I rev Turk Cotton Exchange. Now OrtMU Slo,-k l.xrhango. Ltrorpool *— '— - Orica Bo.nl of Tt*u..|i Donrd of Trad*. , Cotton Aaaool.tlo# [o.h oitori Cotton Exchatiga. ,w York Coflo. Eacb.ng.-IX. Prtrat. Wlro. to .11 Exetungof t*««l and Lons Dlitanss Ttlephon, 5298. W. R. FAGAN, Minijer. L ' Illinois Central.. . * IdAulsvIlle and Nnshrllle.. New York Central J’ennsylvnnln.. .. .. .. Reading •• Houtlieru I’uclfic.. .. „ . Union I’aclflc United Htntes Ktecl.. .. do, preferred GOV’MT WEEKLY WEATHER REPORT. Alabama—The weather w«. ho* «od .ultri moat of the week. The temperature arer- AT NEW ORLEANS. Tho following Is the range In cotton fu tures In New Orleans today:. , n 9.04-06 8.10 il t.14-17 9.20-21 Closed atendy. ble sunshine. The rainfall exceeded the normal in the northwestern, western nnd n few central countie* nnd waa deficient else where, nnd sll„ counties, . fall lu temperature occurred In the north- central counties and was deficient else- •re. The temjierature averaged normal slightly above, except in the western utles, wnerw K was defleluf. A decided titles. denitely heavy lu n few lo- Arknnsas—The temperature was above the uonmil and generally favorable; the nights, except tho lust two, being very warm; showers occurred In aome sections, the pre cipitation being above tho normal every where except In some southern counties, the greater part of the atnto receiving too much. with abundant sdnablne. were of nlmost dally occurrence nnd were heavy In a few central nnd aouthern couu- THE WEATHER. LOCAL FORECAST. For Atlanta and Vicinity—Partly cloudy and probably showers tonight and Wednes day. WEATHER IN COTTON BELT. Texas—Dallas, Tyler and Temple clear and cool. Houston and Han Antonio clear and cold. Mississippi—Aberdeen. Tupelo, Amory, New Albany, Lexington. Yaxoo City, Can ton, Jackson nud Nntebcx clear and cool. Meridian, Newton nnd Hattiesburg cloudy and cool. and cool. Helnia i gomery cloudy and pleamn cloudy aud cool. Mobile iw and cool. Huntsville rlouilj Montgomery cloudy aud threatening. Georgia—Columbus cloudy nnd hot. Amer- lens cloudy apd pleasant. “ Savannah gerature 83. Albany Macon alondy partly cloudy; tern cloudy; temperature Atlanta cloudy and Orleans cloudy and WEATHER IN WHEAT BELT. Extreme Northwer —Cloudy; 44 to 62 stave; general mins. Northwest—Partly cloudy; 48 to 64 stave. West and Southwest—Clear, with rising temperature; 60 to 64 above. Ohio Valley—Clear; 68 to 68 above; scat* tered rains. WEATHER FORECAST. Georgia—Cooler Tuesday, with fair In Iona; western nud showers lu eastern JMH Wednesday fair; light to fresh northwest winds. I taulsfona, Alabama, Western l-'l-irida nnd East Texas—Fair Tuesday and Wednesday; eat 'fexafr-Local showers Tot Wednesday. Arkansas—Fair Tuesday and Wedn< Illinois—Fnlr and warmer tonight row fair; warmer a»uth. • . Indiana—Warmer tonight and *»' <*lo*s- laeonsln-Partly cloudy and warmtfj to- Wedneadrv 1 night; a Mlntie , showers west inesotn—Hbowers tonight nnd Wadi Vown—Fbowers tonight. Missouri-Fair aud warmer tonight: orrow fair except shower* H the u ^Kansas—Fair and tonight iorrow fair. J /( Nebraakn—Fair nnd w Vmer west* i ers east tonight; W’sdarmmy fair. Dakotas mid Montana /.-Showere tonight Wednesday, f w/eathek c;NonioN>. / The area of high pr»;-»oir* that was >ti. degrees above the norma.. Louisiana—Tcmimrature was abnormally 1.1*1. mimm-IhHv in the aouthern portion. showers occurred nt the , The sun- no was ntavo the normal. Mississippi—The mean temperature was ntaut 3 degrees stave the normal. Rainfall waa deficient In the southwestern and east ern portions nnd was excessive In the south ern portions of the Ynsoo delta nnd along the gulf const. Sunshine general/ suffi cient. |wna showery and warm. The rainfall wns alHMit the normal, but waa badly distrib uted. being esiHHdally heavy In the central counties. Reports or damage liy excessive I raius continue. The temperature averaged ■boat 3 degrees stave the uormnl. Oklahoma nnd Indian Territory—The weather wna generally fair. The tempera- tint* averaged near the normnl, but Hunday i weeurred from the 23d rm WYurrni iruiu me mxi iiu hirh it. The ralufsll was In excess of the normal owers occurred almost _jey received the heaviest ralufall. The temrierature was normnl or slightly stave. The weather was sultry and there waa mlich elondlneaa. close of the week, but there wrts consider temperature Is the rule. Cloudiness prevails In the southeast, along the Atlantic coast and In Montana and the Dakotas. Unln has fallen nt nearly all stations east following stations sin In the of the Mississippi. The following stntlona Inst 24 hours: JacksonvL.. , 1.98, Albany 1.26. Gainesville 2.20. Good wa ter. Ala., 194, nnd Washington, D. C„ 1.32 Inches. The conditions favor partly cloudy weath er and probably sbowera tonight nnd to morrow, J. H. MARDURY. Section Director. western, northern nnd central counties at the close of the week. Tennessee—Tim week was partly cloudy to cloudy with high temperature nnd local NOTES ON GRAIN Pointers on Provisions. Private Wire to Gihert & Clay. Chicago, Aug. 28.—Country acceptances wheat very light, but some of the house:! report a better disposition to sell rouud lots of Nebraska wheat ut only He above the prices that had been bid tafore. The ltecord-IICrald says: "Export houses last night were expressing much disappoint- ket here should hold steady for a time there would be n big Increase In the deniund from abroad. Prices here gulped a little lust week.. Cables Inst night were rather Ulsar*- jKdntlng and indicated very little desire t._ buy except lu a amail way. J. A. Itnukln Is around on the bull side of wheat. *We saw our tattmu prleea last week,' said lie. will go^ higher before It goes very much wheat, 660.000 corn nnd 125,000 oats. Heaboard aalea were 240,000. Believe corn offers good opportunity on th long side. Stocks are down to ntaut nothing. Demand is good and will take care of receipts oud futures good discount. Cash wheat at Kansas City waa In good Receipts were 423 ears nnd there were 60 There was o very j ...—■— I fie AnmHcan milling Inquiry hna been slow. Exporters the other side ns slower and poorer than Inst week. Hales of ntaut 25 loads export were reported, but some was mostly swap- In this mnrket for bard wheat on foreign sns City house wired that (bey could havo bought 50.000 bushels Hntnrday at a price ntaut in line with Galveston bids for last bnlf of November loading. PRIMARY MOVEMENT. The following figures show the primary movement of wheat and Receipts 639,000 bushels, against 645.000 bushels last year: shipments today 560.000 bushels, against 253,000 bushels last yeur. CHICAGO CAR LOT8. Wheat., 'on*.. . Oats.. .. Hogs.. . Today. Tomorrow, LIVERPOOL GRAIN MARKET. Wheat—Opened He lower; at 1:80 p. m. HCHic lower; closed HOHr * Corn—Opened unchanged changed TIPS FLASHED From Wall Street Showers. The temperature averaged much ntavo the normal, especially In the eastern portion. The rainfall generally was light COTTON SEED OIL MARKET. Now York, Aug. 28.—The market cotton seed oil was quiet but flfm, tho nearby deliveries holding the recent ad vance established, nnd offerings* which were scarce, were readily taken. There waa a very little oil for sale, either An gust nr Heptemtar, nnd there wns less lack of bringing new oil forward for Heptemtar delivery, although It Is understood that aome new oil Is now on the way. Distant deliveries are quiet nnd rather heavy. The mnrket nt the rinse wna steady, with prices unchanged to ftc higher.—Ware A Lelnnd. Opening. Closing. August. ........ I$ r Heptemtar. ...... 86 October. . November. Decemtar. January. Halea 100 October at 82H- Cloaed steady. SOUTHERN EXCHANGE Oldut ISatabllahcd Offtrs South. COTTON—STOCKS—BONDS—GRAIN Ground Floor Ciould Building. Dally market letter nnd market manual mailed on application. L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Correspondent's Capital $250,000 REFERENCE, THE NEAL BANK PHONE I41T. PRUDENTIAL BLDG HUBBARD BROS & CO, Sts Atlanta Offices, 219-221 Century Building. Members New York Cotton Exchange, New Or leans Cotton Exchange, Liverpool Cotton Asso ciation, Chicago Board of Trade, New York Cof fee Exchange, New York Produce Exchange. Business solicited for the above exchanges. Direct wire service. Correspondence invited. Phones 454, Long Distance 39. A. S. Hustocw. Mgr. Private Wire to Glbert A Clay. New York. Aug. 28.—We are not prepared for more than on ordinary* reaction Id l further today, nut turn a purchase on further declines. Do not_eredlt report* of Intended in- dividend, hut atoek Is prob ably rngement of gold In London. Mon who atoek market ■mi reactionary. Uptown sentiment: There aeetna to ba genuine confidence regarding both the mon ey inarkot and the stock market, In aplte of the hardening yenterdny In rates for time ncciinimodaliniis and the failure of New York tankers to announce the cn K express .— . v -,- . have gotten gold In London yesterday If ' ey bad wished. The fact that they did ..jt bid Is taken as strong evidence that tankers here do not look for materially higher rates for money In the near fu ture. It Is understood thnt an operator vho In years past ban bean ona of the most fi ‘ora li powerful factors In the market Is favorably further. be carried An Irregular and unsettled market most more plentiful, and while call money work ed off, the demand for time loans waa future requirements. funds for Home l>ear capital in«Y be mads out of the Chicago Indictments of Htandard Oil, with the heavy fines Imposed. A close analysis of Union Pacific and Hontbern Pa cific finances shows that over and above nil fixed charges and dividend requirements a Urge surplus Is shown. Would say that on sharp declines, think it advisable to take on good stocks. . J. r. Morgan fa quoted as saying: "I Imre no apprehension of serloua stringency •n money/' . . * , London Is a Urge buyer , of Atchlaon. general advance. Atchison 10814. a new high level, and lm- resslon growing strong that It will go n 6 per cent basis. Go si buying In Hteels. Canadian Faclflc .. bullish feature, nnd think Coppers nnd Fuel will work higher. WHEAT OPENED OFF There Was Little Pressure To Sell at the Start of Session. PRICES HELD STEADY Grain Markets Broadened Out Later—Provisions Easier on Liquidation. Chicago, Aug. 28.—Wheat was held up by the hedges and It closed l-8c higher. It was not allowed to break, while the market was filled up with all that It would take without declining the hedger is working cautiously but persistently In the matter of getting out lines. There were conditions and cir cumstances to favor him late. Cash wheat at Minneapolis attracted a great deal of attention. The small run of new crop and the poor grading were features. No. 1 Northern old waa 4 1-2 and 5c and No. 2 sold 3 and 3 l-2c over September; new No. 1 northern 2 and 2 l-2c over September. Daggett was a heavy seller here of December wheat, while he bought the September. Corn closed tame and l-8c off to 1-8 and l-4c up. Oats l«8c off to l-8c up. Pro visions 2 1-2 and 22 l-2c lower. Cosh sales here 25,000 bushels com and 70,000 bushels onts. No transac tions at the seaboard. Primary receipts wheat 429,000 bush els and corn 539,000 bushels, compared with 607,000 and 645,000 bushels, re spectively, a year ago. Clearances for the day 238,000 bush els wheat, 171.000. bushels corn and 15,- 000 bushels oats. CHICAGO GRAIN MARKET. Chicago grain and provisions quotations for today follow: « . Previous wnBAT^ 0, n,,h * Low ‘ aoae;C,ow - ’0# 7114 Sept Dec. ... is Kg!:::, f* Rept.... 29V4 Dec. 30V4 May 32H I’ORK— Sept.. 17.00 Jon... 13.35 LARD- Sept... 8.67H Oct.... i.io Jnn..., 7.92*4 SIDES— Sept... 8.75 ''let.... Ts‘, 73% 74% THU i 9* 4484 3% 8.70 8.80 7.92U an.... 7.22*4 7.22% , CASH WHEAT- ' 8.77% *.42% 2 red 714*072% • No. 8 do 70%O71: Na 2 hard winter 7041071%; |No. 3 do PT# NORTHWEST CARS. The following figures give the northwest ears today, last week sad lost year: HE MADDOX-RUCKER BANKING COMPANY, with capital, surplus and shareholders’ liability of $900,000.09, solicits ac counts of individuals, firms and corporations. Idle money waiting an investment can draw 3 1-2 per cent interest in ov Savings Department—with drawal any day without notice. Safe Deposit Boxes For rent In our vaults in the basement of the Empire {Building for only $5.00 each per annum. Absolute Security and all Modern Conveniences You should not be without one. We invite you to call and inspect them. Title Guarantee and Trust Co. ATLANTA NATIONAL BANK ATLANTA, GA. Ing 111 from the UMiant In. aliinMt i-iiilrrly illimpi>onrv«l and Mat th. Imromrtrr I, Imt llttir alporo normal In tlcw n-gloii of lilalimt pmanrr. An nraa of low Drnann- Una devrtmwil In th» n»r- h»™t nml la now n-nlrro.1 or.r the iMkoV.a. Ita nitrami- lina iwaar.1 a in-nrrnl Iri in titamratarr ihrouakont the northwo.i nr.-r Uuj real of the couutrj about •'fllouary y$rk. Htw Orlnii. WARE & LELAND COTTON, GRAIN, PROVISIONS, STOCKS, BONDS, . Hi 2 Wilist.. Mm 1 «!'<!»,. Alum. Cl. MMmsi Frw Yarft Can,, Intiin. Chieigi Bend at Tnde. i Orient Cana. Ctikteae. Chicago Slock tockeoge. ■ - Kn lock C. E. CURRIER, Preaidant. A. E. THORNTON, VI,»Pr„ld,n«. H. T. INMAN, Vlce-Pre,ldent. QEO. R. DONOVAN, Caahlar. JAMES S. FLOYD, Aea’t Caahler. : C«tton Atsoilatie York Coffee ticking*. Capital $500,000.04 Surplus and Undivided Profits $509,000.00 We Solicit Your Patronage. Minom 12*2. Standard Phono JM. f,