Newspaper Page Text
| JOSEPHSl!vely( THE GEORGIAN’S RECORD OF MARKETS AND FINANCE 1
Ur. Ltrelj'i 28 jeers’ tiperttM*
editing market* In Atlanta and
the South haa made him a rec
onciled authority In hla specialty.
IN ALUMARKETS
Liverpool Set the Pace By
Opening Lower Than
Was Due.
OUR MARKETS LOWER
Favorable Weather and
Liberal Movement Are
New Factors.
ling
CM
Br Private Leased Wire.
\enr York,
local cotton
low record. «•«»• ***y* c
prettrtre nil ultra* th. Ilnr. pnrtlr Imlut™
f.v w.ftkncM In prlcpn lit Liverpool. First
(■notations here were lower thnn due on
the cable*, being 5 to 8 points down. They
reflected tiearish aentlment that haa spread
through the locnl trade la the nbf
nuv Important ndrlcea of damage
cron and the announcement tbnt new cotton
was moving rapidly. After the call the
prices rallied about 2 point* from the bot
tom. The market at New Orleans dropped
15 points at the outset.
Cotton for future delivery was weak lu all
the speculative centera tula morning,
liberal movement of new cotton and <
tinned favorable reports from the crop
lug the depressing Influence*.
ng the depressing fnrt ueneei.
Liverpool wn* lower than due at the
opening, and the American markets opened
lower than due In response to the decline
In Liverpool,
that not a few of the farmers In that sec
tlon look on present prices aa fair.
Receipt a for the half week at the Interior
towns 33.621 bales, shipments 38,194, atock
58.178. No comparisons.
Receipts of new cotton: At New Orleans
420. Galveston 6.950, Houston 2,663.
Estimated receipts: ^ 19n6
oatveston 5*222!°o£K HS
Houston 8.000 to 9.000 5.138
The close was steady 4 to 8 polnta higher
thnn yesterday's close, covering by f
causing a rally lu the late trading.
SPOT COTTON MARKET.
New Orleans, easy at 95-16e.
Knvannah, quiet at 1
Ht. Louis, steady at
Poston, quiet at 9.IOe.
Galveston, atendy nt »?-18c.
Memphis, quiet at Hie.
Baltimore, nominal at Hie. *
Norfolk, quiet nt 9%c.
Mobile, dull at 9c. .
Wilmington, nominal.
TODAY’S PORT RECEIPTS.
The foltowlng table showa receipt! at tba
New Orleans .
Galvcstou. . .
Mobile
Hnvnimnh. . .
lf08
1906
831
8144
654
1328
15
434*'”
882
8963
73 a
4089
233
144
310
274 T
11306
14063 [
INTERIOR MOVEMENT.
The following table shows receipts at ths
Interior towns today, compnrsd with ths
same day last yen*:
WARE A LELAND’S DAILY
v . COTTON LETTER
New York. Ang. 29.—An effort to hedge
some n f the cotton bought here for an
advance broke the Liverpool market sharply
this morn lug, and Octolwr sold within a
point of the low price of the season. Wenk-
I"**" abroad led to general selling and benr
hammering In the local market, nnd It soon
been me evident that there Was not enough
•upport to prevent Deceuilier running
through 9c to 8.94. which represented a de-
‘line of 90 polnta . from yesterday's high
mvel There was the usual short covering
on the break, and the market rallied Ml
point*, only to hare trailing liecome dull,
Inter on. price* slipped off again.
There was a general feeling that heaviness
In netolier, nud the fact that prices all
"long the line reached a new low level
mi this decline, all furnished, -evidences of
a *ncglng tendency of the market as a
standing |tro|Misltlon. that tendency being
Interrupted from time to time by |>erfectly
normal niwl healthy reactions. Reports
irom the Hontli indicate one of the largest,
" not the largest, crop ever gnthcred,
ami ns long ns such reports continue there
be little upon wweh to base argu
ment* for the purchase of cotton. This
•* the marketing season, which In Itself
menn* pressure. Efforts to advance price*
nave met with repented fall lire. The res-
i° r It I* the Yuiormotia amount of cot-
10,1 r °f ««le on any advance.
CIBERT & CLAY 8
., „ DAILY COTTON LETTER.
.yw Orleans, Aug. 29.—The sentiment
was in marked contrast to that
wtHr prevailing, and under the Influence
vor ' 1 . 1 * reports, as to tha crop's prog-
°Ptlon* declined steadily. Anally clos-
!?* steady at a loss over the pge*
' * day's level of frrnn 13014 point*-
were reduced 15 points;
The liberal response by'Liver-
L ’‘ ,f> the decline In the American mar-
52* 5***tenUy, and an Ideal weather map.
t‘ , *|s»nslble for the loss In mines on
further decline was occnslooed
hroiigi, the liquids tlon of a small long In-
V *" anticipation of a reaction,
5. f! '. >r on the part of the bears,
tb.. .' r ' the only support furnished
through the medium of urea of supplln
“ f * wvering. If a large abort Inter- 1 Ire for selling.
NEWS. AND GOSSIP
Of the Fleecy Staple.
Private Wire to Gllwrt * Clay.
_J*fw York, Ang. 29.—Liverpool opened 19
C11H down. Hue 10 down.
Local traders who bought earlier are
now selling, which la causing the easi
ness.
Wek^-Brofc jsayj. “With the specula-
Talk among spot people of bringing cot
ton to New York for October delivery.
Alexandria eablea report an active de
mand for old crop Egyptian.
The Journal of Commerce saya: “The
day's trading was steady and of fair vol
ume. In first bands, the willingness to
sell forward from Oetobsr was s little
more pronounced whenever goods could lie
for delivery In the period between
then and op to the end of the year. Bnv-
ers manifested little disposition to take
large quantities of goods, bat they found
less fault with prices when they could be
assured of shipments on the lines that have
been scarce since the Jobbing season open-
Reorders have been coming steadily
since the middle of Inst week, and there
nre many evidences showing a great vol
ume of business going on with Jobbers In
the middle west, the far west and to a
' -user degree In the south/’
New Orleans, Aug. 29.— Shorts covering
steadying the market, which, however,
looks weak and might work lower on pres
sure.
Market declining under selling for a few
-longs who earlier expected a reaction.
Tne eastern forecast Is for showers to
night and tomorrow In North Carolina and
“* Georgia
.onlght a
Weatern forecast Indicate! _
throughout tonight, with partly
idltlor _ * *
to yesterday’s decline, should cause Pi
to seek lower levels.
A dispatch from Tnylor, Williamson coun
ty. says: “The boll weevils are working In
the cotton to some extent, but no more
than most had expected, and the rains of
the last week made the rotton shed the
Temple. Bell county, Texas, says: “T
rill be less sotton received In August
year by wagon thnn ever before known.
The reason ascribed Is that after the rains
which succeeded the June drought, cotton
urns small, and. therefore, the India hare
been late In forming. Ily the same rule,
September receipts promise to exceed ttny«
‘ ng of the kind seen in previous sea-
TRADING WAS WILD
THE FIRST
The Heaviest Transactions
Were in Reading With
Philadelphia Seller.
OPENED FRACTION OFF
Slumped Sharply Over 3
Points, But Quickly Re
covered 2 Points.
m pi
thin_
sons. “
The Journal of Commerce says of Ar
knnsns: “The plant Is large; In many in
stances. strong and healthy, well fruited,
and Holds clean, well cultivated and gen
erally doing well, but there Is considerable
Private Wire to Ware k Leland.
New York, Aug. 29.—Liverpool opened Ir
regular 9 down on near and 10 down on
late. At 12:16 p. m.. 10011 down and steady;
sales 4,000 spots. 15 down at 5.40d. Fu
tures due to come 10 down.
Market opened wenk. commission houses
and local traders big tellers. Looks like go-
n fotton° r continues weak. Tremendous
blocks of cotton being thrown overlioard.
Gathney nnd Hchlll heavy sellers. Can not
•ee any hope for cotton, and think we
must hare gradually lower market.
Liverpool cables affected unfavorably on
the poor receipt* from New York. Other
wise the market shows no new fen tore*.
Tone of the market Indifferent. Rather
better demand from spinners.
Think cotton shorts well run In on Inst
advance. Considerable pressure, with lots
for sale. Rellsve It Is n sale.
New Orleans, Aug. 29.—The market Is
barely steady. Shorts are tnklng profits,
which check* the decline. No other sup
port Is offered. Sentiment Is generally
bearish.
THE WEATHER
local' forecast.
By i*rlrare Leased Wire.
New York, Aug. 29.—With the publication
of the details of yesterday's Philadelphia
failure, the atock market was quick
recogfalze that It had entirely exaggerated
the significance of the episode. The sus
pension was due neither to stock spocu
Iatlon nor to the real estate boom, con
sequently whatever comment there had
been yesterday on the assumption that a
weak spot had been disclosed In the flnan
clal situation was seen today to possess
no force at all. A quick recovery was In
order, and It Iwran In a remarkable man
ner In the early London dealings. Be
fore the opening of our market, American
stocks were up anywhere from a point to
2 points, with nn extreme gain of 3ft
on the Canadian Pacific. These advances
were reproduced consistently at the local
opeulug, Canadian Pacific sellln
sn extreme gnln of nearly 6 pol
sharp advances In the minor affiliated
stocks. For a time thereafter there was
considerable pressure on the market, par
ticularly In Rending. Pennsylvania and Cop
per, where enormous blocks of the stock
were tl
remark!
era! list ,
upblddlng of Great Northern and Northern
Pacific the features.
The stock market opened animated and Ir
regular, bnt with most Issues showing ad
vances. Pennsylvania opened on 7,000 shares
at an advance of 14 per- cent. Reading’s
Initial price wns% lower. Atchison ojiened
at a gain of %. as against 1934 yesterday.
St. Pnjil opened, ex-dividend and rights, at
1754. The sensation of the market was
an advance of 44 in Canadian Pacific. The
stork gained 64 net.
There was wild thullng all through the
first hour with 1,000-sbare orders plentiful
In numerous stocks ns to create general
comment. The heaviest transactions were
In Reading, of which Philadelphia was a
seller on an ensrmons scale throngh local
houses. The stock, after opening lower,
rallied to 13(4. then dropped to 1*34. but
on heavy buying It quickly rallied over 2
polnta.
The buying around the room was of so
Impressive a character that It forced room
traders to hurriedly start covering aborts
»ut out nt the low levels. The feature of
he trailing was that Steels were fairly
grabl>ed as soon aa they were offered.
Governments unchanged. Other bonds are
aptlve nnd lower.
LONDON STOCK MARKET. *
For Atlanta and Vlclnlty-Sbowers tonight
WEATHER IN COTTON BELT.
, Jackson nnd Meridian, clear
nnd cool; Hattiesburg, partly cloudy and
cool; Hnzlehurst, Greenwood nnd Ilrook
haven, clear nnd cool.
North Carolina—Greensl»oro, cloudy, ralu
yesterday; Raleigh, cloudy and pleasant.
weatTIer IN WHEAT BELT.
STOCK—
Anaconda..
Atchison
Canadian Pacific
Chic., MIL and St. Paul..
Erie
do. preferred
Illinois Central
Louisville anil Nashville. . .
New York Central
Pennsylvania
Rending
Southern Pacific
I’nloil Pnrlflr
Pnlted States Steal
do. preferred
RANGE OF NEW YORK STOCK MARKET
I OpenlHIghfLow
Amalgamated Copper I 1^41 110 107?4
Atlantic Coast Une. 141 1444 144
..... X .— fs*4
American Sugar Refining..
American Locomotive
. dot preferred
American Smelting Refilling
do, preferred.... .7
Atchison
do. preferred
American Cotton Oil
Baltimore anti Ohio
Brooklyn Rapid Transit
Canadian Pacific
Chicago and Northwestern...
Chesapeake and Ohio.
Colorado Fnel and Iron
Chicago and Great Western
•Chicago. Milwaukee and St. Paul
Delaware and Hudson.........
Distiller’s Securities
do, prefer red*. V. *.*.*.
General Electric
Illinois Centra’
American Ice Securities
Louisville and N'ssbrtUe -
Mexican Central
Missouri Pacific -
New York. Ontario and Western
National Lest...
Northern Pacific
New York Centra!.
Norfolk and Western
Pennsylvania
People's Gas
Pressed Steel Car
do, preferred...
Pacific Mail
Reading ....
Republic Steel
Rock Island
■ x isianu
do. preferred .
United States Rubber
do, preferred.......
Southern Pacific .......
Southern Railway ....
do, preferred ..........
Slnss-Sheffleld
Tennessee Coal and Iron
f exafe and Pacific
nlon Pacific
United States Steel
do, preferred
Vlrginln-CaroIIna Chemical
do. preferred
Weatern Union
■referred
do, preferred
-dividend 34 and rights.
88
»
a
•a
5*
f*
iiw
Total stock
s*
iSh
a
i
a 9
■:\K
8* &
T7s v m.
CI’re!Slif*!cfre:
lOWi 10S
irni
100 shares.
RANGE OF THE COTTON MARKET
AT NEW YORK.
Tli« following I. tb. r»it In niton ft
C-low.1 .troilr.
AT NEW ORLEAN8.
Tfe. foHtirln. I, tb. rang. In cotton fa-
fere. I. Jfew Orion, tod.7:
a
SL
o
Hlfb |
9
3
Si
1
5
II
e
!
J3
ft
s
k
3
Jl
i
a-
Aug. ....
Hept
Get
Nov
tec
an
’eb
March. . . .
8.65
8.65
Ifi
M7
9.10
9.12
9.20
8.0
8.69
8.65
8.87
9.03
Ml
9.12
9.23
8.65
8,80
IS
MO
9.00
0.10
9.12
L*
8.09
8.84
8.*
$M
9.10
9.12
u
8.8449
8.69-70
8.8344
8.9244
9.0243
9.10-11
9.14-18]
9.22-3T
9.68-73
8.73-75
1.88-88
8.96-98
9.0847
9.15-16
9.20-21
9.28-27
A tfe. . . . .
Sr::::
Nov
Itec
Jan
Feb
March. . . .
9.32
9.01
8.3'
■«!99
9.01
•*is
9.32
9.01
8.96
LOO
9.08
fli7
Mi
•v»
*A90
8.96
LOT
9.29
9.01
8.96
LOO
9.08
eH
9.2040
9.0245
8.99-90
8.9941
9.0041
9.0748
9.11-13
9.17-18
9.28
9.0848
9.0844
9.0846
9.04-06
9.10-11
Hi
Clored .tody.
TIPS FLASHED
From Wall Street
COTTON REGION BULLETIN.
meridian time, August :
West and’ Southwest—Clear, M to 66 de-
WEATHER FORECAST.
Louisiana. Mississippi. Alnlmtna. Weatern
Florida and East Texas-Fair W’edncsday
nnd Thursday; light variable winds.
Georgia nnd Eastern Horidn—Showers to
ny and tomorrow; light variable winds.*
West Texas—Local rains Wednesday and
Thursday. .... -
Arknnsns—Fair and warmer Wednesday;
Thursday fair.
WEATHER CONDITIONS.
Cloudy weather prevails today along the
Atlantic coast from New York to southern
Florida nnd at a few nenttered stations
elsewhere. Over most of the country rhwr
•kies predominate. Rains hare fallen In the
south Atlantic states, the upper lake region
and In Montana. The greatest falls oc
curred In Georgia, ns follows: Kastman 2.28
uches, Wayneslwro 2.74, Alnpstm 1.88, nnd
STATIONS 07
DISTRICT.
*At!antu, cloudy. . .
•Chattanooga, cloudy..
Columbus, cloudy. . .
Gainesville, cloudy. .
Greenville, cloudy. . .
Grlffiu, cloudy. . . .
•Macon, cloudy. . , .
Montlcello, cloudy, ,
Newnnn, cloudy. . . .
Rome, cloudy
Tnllnpoosa, cloudy. . .
Bnnrtnnhurg, cloudy. .
Tocron. cloudy. , . .
West Point, cloudy. . . .t
" ^Minimum temperatures
imam
hour period ending at 8 a. m. this date.
CENTRAL
STATION.
Atlanta. . .
Augusta. . .
Charleston.
I|I
HI
eat menaced the market. It would appear
logfeal. In the natural course, of events,
to expect a somewhat material renetlon
from present prices (lending the govern
ment’s report In the early part of next
month, hot the short Interest, If existing
roinine. manifests little or no nttensl-
„ r »o, hence the opinion generally prevail*
that, with favorable circumstances, mar
ket prices will gradually drift to lower
levels. And trailers anticipate that the
annual report of onr exchange, which will
prolwbly Is* available upon the opening
of business September 4, will. In the fig
ure* of supplies, constitute another Invent-
GIBERT & CLAY
*• ALABAMA
STOCKS. BONOS,
COTTON. CRAIN,
COFFEE, PROVISIONS
ATLANTA. OA.
MEMBERS!
v’J ,T°tk ttock RxrhangsJNew Orleans Cotton EzcbangeJChleago Board of
oew York Cotton Exehsnce New Orleans Htork Exchange. Liverpool Cotton 1
York Coffee Exchange j.Vew Orleans Board of Irade.{Galveston Cotton
. . . - Private Wires r<> nil enhances.
l*ca! and Long Distance Telephone 5298. W.
Trade.
Association
Exchange
Savannah. 1 . .
VIrks!Hire. . . .
WTfjjiwffCTi. ...
~t lodyC its* Inappreciable rainfall.
Max. Mia.
«
COTTON SEED OIL MARKET.
n. FAGAN, Manaoerb Utter.
was quiet with tone rather
lellverles continue to show
pport, nnd with the small
i|»rt Is comparatively easy.
Iverles, however, were easy,
I tone was against values,
ueciine in rmrnn and estimate of a Mr cot
ton crop gave sellers of the forward deliver
ies rosfidesee. The market was firm at the
Uc to Ue up. Sail 1 * for
is? 2.19) barrels. Octolier
.. -pteniber 100 at XH<*>
Bt 294c.—W'sre A Lelnnd.
Open log. CUurti
*%<
December. .
January. •
Closed ates
THE DRY
high levelTn eeffwi good* generally today, j
though buyers for export account made i
strong bids for r—*MSil»na on future <|e- i
Iheries. In woolens and silks, the pros- *
peels for a good fall trade are distinctly
Private Wire to Olliert k Clay.
New York. Aug. 29.—.Marshall, Spader k
Co.: “The Philadelphia affair Is very much
more a matter of sentiment In its effect
on the market than of any real Importance
•• affecting the price movement. The
worst npiieura to ne known, nnd, bad ns
It Is In* reflecting a serious flnsuclsl scan
dal, we are prepared to sec Its market
effect fully discounted this morning.
It Is geuernlly acknowledged that stocks
have liern distributed to a considerable ex
tent, and that Interests who have, sold
out will be Inclined to work for lower
prices on which to buy back stocks.
Real Estate Trujt Company in hands of
receiver failed for almut $7,000,000. This
In facn of present money conditions has
caused some anxiety.
On Investigation, It Is learned that stock*
were IK>ught r ‘ — “ ““ —
the l»e*t peopl..
Advise buying Baltimore and Ohio on this
decline for good profits.
Think the market will be supported, and
will dually disregard the Philadelphia fail
ure.
Anywhere around yesterday’s low level,
think whole list good purchase, especial
ly the rails.
The New York Financial Rurean saya:
Unfavorable technical deductions of our
Tuesday morning's editorial as regards gen
eral bullish aggressiveness, but favoring
specialties having been, borne out by the
action of the stork market during yester
day’s session, the developments presented
this morning from Philadelphia and Rus
sia nre such as to encourage further !>ear-
Ish operations, although wo expect to ses
the market supported. We think the re
actionary tendencies will be but temporary,
and do not believe tbnt the fuiulnuiciitnla
will permit a Iwsr market. Thu money
’-'’ng will, however. *
_ according to tb<
developments. An active market L .
Iscd by the division of sentiment, and tha
large profeslaonnl and other Interests In ths
market. The real estate failure will prob
ably bnve a good effect on the atock mar
ket later on, because It will tend to re
strict real estate operations, but It may
cripple certain Interests for the tlrno, and
ths alas of the failure will have a bad
effect. The outlook la for an utifarorabls
bank statement this week, with money
rates firming and a Mg demand from the
Interior for the crops. Of course, relief
will lie presented when the time couies.
bnt It Is 10 to 1 that the government will
not extend* aid to speculation, bnt only
to legitimate Industry. The Interest of
the public In the market at this time Is
dwindling on ncconut of the lack of ag-
grea*lvenesa, and It la possible • shake
out Is Intended. On any good break, wa
would not hesitate to buy standard stocks
Private Wire to Ware k Leland.
New York, Ang. 29.— Stick affairs as came
to light yesterday In the bank failure
of Philadelphia makes one feel like get-
ting ont or long storks. Would take ad
vantage of Ann spots to realise.
Dow-Jone*' sn.'Viary:
American stocks in IxHidon stronger 401
iier cent shove parity.
W. J. Brysn arrived from Europe to*
'ifcnl Estate Trust Company, of Pblladel-
Ills, an Id to lie nlmut £.000,000 short.
New York Central expects to Isane new
latest
THE COFFEE MARKET.
advance of 6 to 19
rt k Clay.
. . nge and close
of the New York coffee market for to
day:
Opening
Range. Close.
- 6.fi9-6.6B
ia-f.it
6.75-6.80
*804.90
NOTES ON GRAIN
Polnteri on PtotIiIodi.
rrlvftfe Wire lo Wore It Ij'himl.
‘T’*??*®' Au *; 29 —WhMt ohowp.1 * nod
•lulndonr ot the .lore je.t.nloj, and will
H.ely ,hnw Mine further advisee todar.
The UIM-Dlnc la dull hnt uteady. crowd
read, to »o either wa,. Home rain. In
Barll of the northweat has canard a lit
tle 1)u,Idc here, bnt nothing of eouse
quence.
, Minneapolis atocka decrease «.»» for
four da,a.
„ Thire la a lot of September wheat here
on tap this morning.
A lot of selling here on weakness In Min.
neapolla.
Oats -
teinher _ _
only buyer
short*** " w,c * n * M ngat, who was
Chicago Inter-Ocean: It Is b*»tween bay
and grass with the wheat traders. There
has been a 15c break on the winter wheat
movement, which has let up. The spring
movement, which was exnerted to be well
under way by this time, bos been checked
*>7 recent wet weather, and is disappoint
ing. It has curtailed operations by the
bears, and while the bulls do not look
for the movement right sway, they are
afraid It might eome. and are going slow.
Minneapolis had only nine cars ot new
the quantity of wheat still avalfcb
CHANGES SMALL
IN WHEAT PRICES
At Close Market Was Un
changed to a Fraction
Lower.
BUSINESS WAS SMALL
Fluctuations in Com and
Ohts Covered a Very
Small Range.
By Private Leased Wire.
Chicago, Aug. 29.—The best spots
export Is very moderate, and exporters pre- reached for grain failed to hold, as
£ KSJFr 1
Icago had len new earn spring ,eater- W heaL 1-8®l-»c up; 1-lc lowar fop
corn, and l-4®t-8c higher for oats.
Ho* products were ragged at the close.
Cash transactions were 18 loads of
Wheat. 8 loads corn and 80.000 buahels
oats. At the seaboard, -8,000 bushels
wheat. 88,000 bushels corn and 110,000
bushels oats.
The market* all clowd rather tame.
Primary receipts of wheat. 487,000
and corn S77, against 780,000 and 884.-
000 bushels, respectively, a year ago.
CHICAGO GRAIN MARKET.
fo^S ISiCV" lootatloa.
_ . Previous
Opsn. High. Low. Close. Close.
day.
Calls for cash wheat yesterday were
more general, there lielng a better run of
ontslde milling orders for car lota No. 2
red sold f. o, b. at lc over September and
No. 2 hard at Septemlter price.
D. T. Coon, of Ht. Iaouls. who Is consid
ered sn excellent Judge of corn, has been
Inspecting the corn crop In southern Illi
nois by trolley. He wires that mnch of
the corn Is late, and that which was fired
recently remains fired. Many of the ears
ore standing upright on the stalks, which,
he says, would not be the case If they
were filled well, nnd In all he does not
think that hte condition of the corn crop
Is good.
Private Wire to Gihert k Clay.
Chicago. Ang. 29.—Wheat cables firm.
More wet weather northwest Pressure of
September liquidation over. Market over
sold and In good shape for speculative
reaction.
Good deal of talk abont Increased corn
receipts, htft the demand continues excel
lent. contract stocks exhausted. Bears
not making mnch headway.
Longs In oats
quantity of oats that arrive
pect
very large qt __ ___
last week Is unaccounted for. “We are
sorry to have to ronort that the propHs*
of a big harvest In tbe Canadian west wll
not be realised.” lays a special edition of
Campbell k McLean Crop Bulletin, of Win
nipeg. “The exceaalve I
treat daatnge to the crop.
In our Canadian west and
NORTHWEST CARSb
ears today, last
Minneapolis.
[mlntl^^^
January.
February.. .. .
March
April
M»r
June...... .
July
August
September.. ..
Oetol>er
November.. .. «
December.. * i
Closed steady.
170
. . ..6.754.85
6804.86
6*4.96
. . ..1904.*
7.00
:k+«
,. ... .1*
1404.46
, .. ,.1454.84
7.00-7.06
1904.*
1104.*
1404.*
1454.15
1554.60
HAS SO. PACIFIC
EARNED DIVIDEND f
Robert Ooodbody A Co., New York, aay
In referenre to tin- recent dlrldend of 5 per
rent per annum mi Southern Pactflc:
“The Southern Pacific management atop
at the tfatingsata could not lie usefully
the stock coiili
THE MADDOX-RUCKER
BANKING COMPANY,
with capital, sarplus and
shareholders’ liability of
$900,000.00, solicits ac«
counts of individuals, firms
and corporations.
idle money waiting an
investment can draw 31-2
per cent interest in onr
Savings Department”*with°
drawal any day without
notice.
WFIE1T-
Jfe, 78'
COBN-
8ept 4S1
Dee 44
Mjfrja, **'
OATS—
ffeu:- S
Sept... 17.00
Jan 13.0
LARD-
Sept... 8.65 -
Oct.... 1.724
Jan.... 7.*
8IDRS—
Sept... $.624 170
Oct 9.* 8.0
Jan.... 7.15 7.20
CASn WHEAT—
No. 2 red 7
hard winter '
» a
B*
W4
SI
14 48%
s*
44%
48H
it
! i
h
29*4
33H
.g
fi£
If
17.00 IT. 00 17.00
13.124 13324 13.49
If 1:1 if
8.10 8.70 1.65
fitt 1 Ha ?:£*
PRIMARY MOVEMENT.
The following figure* give the primary
movement of wheat and corn:
Wheat—Receipts today 90.000 bushel*,
against 790,000 bushels last year; ship
ments today 300,000 bushels, against 4.Y.-
000 bushels last rear.
Corn—Receipts todsv 677,000 bushel*.
gainst Mt.oon bushels last year; shipments
today aiOOO bushels, against 253,09) bushels
last year.
LIVERPOOL GRAIN MARKET.
Wheat—Opened unchanged; at 1:90 p. m.,
4«? higher; closed 4c higher.
Corn—Ojtened unchanged: at 1J0 p. m.
V*c higher to unchanged; closed unchanged
to 4c higher.
Wheat..
Corn.. .
Oats.. .
Hogs..
L. J. ANDERSON & CO.'S
DAILY COTTON LETTER
krt was very weak today, the future market
declining 13 to 14
and spot sales belu
of 16 points. The 1
evidence that the spinners ars not In neeu
of cotton at ths present time, and with the
Inellef general as to a big yield ther are
holding off In ths belief of lower prices.
Crop reports continue to come In of a fa
vorable tenor, ami until there I* mmo
rhonge In this respect It Is difficult to nee
bow* sny advance can be sustained. Brices
In ths New York market today i
have lM»en
dine of I to 6 points Shortly
opening there was an effort to cause i.
ther break, but at the low level for the
•eason—1.76 for October—short covering and
is market
thl* tin
some supporting orders milled th«
to abont the opening figure*. At
■ level.
Home demand for stocks In loan
Foreign houses considerable borrowers
of Canadian I*aeiflc.
Atchison earnings nearly 8 per cent after
paying present dividend on common stock.
Thlrty-thrre roads for the third week In
Aiuraat, showman average gross Increase of
14 »snK r wll? lose heavily to the Interior
this week, and especially to Han Frnnclsm.
Indications that the gold for present will
Ik* Imported from Anstralla.
Loudon settlement proceeding aattsfncto-
r "fcre.fe Industrials declined 1.18 per
Twenty active railroads declined 1 per
Htw 1
_ _ . E A
COTTON, OP
*«. 2 U*ff it.. Pt'tr:
WAR _ -
TRAIN, PROVI
Htw ftrft Ciffn bfbBj*
Mftfl