The Atlanta Georgian. (Atlanta, GA.) 1906-1907, August 30, 1906, Image 11

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ATLANTA GEORGLYN. EDITED BY JOSEPH B. LIVELY ( THE GEORGIAN’S RECORD OF MARKETS AND FINANCE 1 Lively's 25 yeors* experience dltlnsr markets In Atlanta and flouMi haa made him a rec ognized authority In bis specialty. IN ALLJARKETS Jverpool Set the Pace By Opening Lower Than Was Due. NEWS AND GOSSIP Of the Fleecy Staple. JUR MARKETS LOWER and Favorable Weather Liberal Movement Are New Factors. oiv record, nnd there was heavy selling pressure all along the line, partly Induced >v weakness in prices at Liverpool. First {notations here were lower than due on !he rabies, tollig 5 to 8 (mints down. They •effected bearish sentiment that has spread iliroueh the local trade In the absence of iny linportant advices of damage to the trap and the nunoiincement that uew cotton *n« moving rapidly. After the call the prices rallied nlHiut 2 (mints from the tot- .... speculative . .literal movement of new cotton nnd con- Untied favorable reports from the crop be jig the depressing influences. Liverpool whs lower thau due at the PIteulng. and the Amertcau markets opened ,nwer than duo In respouse to the decline in Liverpool. Sentiment Is bearish among the specula tive element, nnd prices have declined with sut aggressive imposition for the past aiontli; in fact, the cotton producer has so fur had very little to say and the dealers ii “paper cotton” are doing a good business Mieantlmo. however, the movement of new rotten; In Texas especially, would Indicate Mint not a few gt the fnrmern In that sec tion look on present prices ns fair. Receipts for the half week nt the Interior towns 33X21 bales, shipments 36,194, stock F..178. No comparisons. Receipts of new cotton: At New Orleans 12ft. Galveston 6,960. Houston 2.6G3. Estimated receipts: 1906. 1905. Galveston fi.OOO to 6.500 5.198 Houston 8.000 to 9.000 5.136 The close was steady 4 to 0 points higher than yesterday's close, covering by shorts causing n rally in the late trading. SPOT COTTON MARKET. Atlanta, quiet at 9%e. New York, quiet nt 9.80c. New Orleans, easy nt 95-30c. Liverpool, easy nt 5.40d. Augusta, steady nt 0%c. .Savannah, quiet lit 9%c. St. Louis, at fatly «t 9%e. Boston, quiet nt 9.90c. Galveston, stesdy nt 9 7-16c. Memphis, quiet nt 9%e. Baltimore, nominal nt 9%c. Norfolk, quiet at 9%c. Mobile, dull at 9c. Wilmington, nominal. TODAY’S PORT RECEIPTS. The following table shows receipts at ths ports today* compared with ths same day Inst year: New Orleans Galveston. . . Mobile Savsunnh. . . charleston., . Wilmington. . INTERIOR MOVEMENT. The following table shows receipts nt # the Interior towns today* compared with the same day last year: Houston, . Augusta. . Memphis. Total. 3527 t 1106 773* WARE A LELAND’S DAILY COTTON LETTER New York, Aug. 29.—An effort to hedge some of the cotton tonght hero for an advance broke the Liverpool market sharply this morning, nnd October sold within n point of the low price of the season. Weak ness abroad led to general selling nnd tonr hammering In the local market, nnd It soon became evident that there was not enough support to prevent Decemtor running through 9c to 8.94, which represented a de cline of 30 (mints from yesterday's high level. There was the usual ahort covering on the break, and the market rallied 54i6 points, only to have trading become dull, nnd, later on, prices slipped off again. There xvns a general feeling that heaviness In Octotor, nnd Jbe fact that prices oil "h*i»c the line reached a new low level Private Wire to Gibert ft Clay. Aug. Liverpool opened 10 eilH down. Duo 10 down. LocnI traders who bought earlier are ness 8e ,l *' wh,c h I* causing the east- Dick Bros, sny: "With the specula- tlve ntmosphere much clearer, we think conditions favor the short side, nml we fa- now nnd on every rally." Talk among spot people of bringing cot- to n to New York for October delivery. Alexandria cables report an active de mand for old crop Egyptian. The Journal of Commerce savs: "The day's trading waa steady and o* fair vol- ume. In first hands, the willingness to sell forward from October was a little more pronounced whenever goods could to aeon for delivery In the period between then nml up to the end of the year. Buy* ers manifested little disposition to take large quantities of goods, but thev found less fault with prices when they could he assured of shipments on tbp linos that bare been scarce since the Jobbing season open ed. Reorders have been coming steadily since the middle of laat week, and there nre many evidences showing n great vol ume of business going on with Jobbers In the middle west, the far west nnd to n lesser degree In the south." New Orleans, Aug. 29.—Shorts corering steadying the market, which, however, looks weak nnd might work lower on pres sure. Market declining under selling tor a few longs who earlier expected a renetton. The eastern forecast Is for showers to night nnd tomorrow In North Carolina nnd South Carolina and Georgia. For the bal ance, fair weather tonight nnd Thursday. Western forecast Indicates fair weather throughout tonight, with partly cloudy conditions tomorrow generally; slowly ris ing temperatures expected. Weather msp Is Ideal clear and cool, with rainfall very light nnd confined to the state of Georgia. Thl* Influence, togeth er with the liberal response of Liverpool to yesterday's decline, should cause prices to seek lower levels. A dispatch from Taylor, Williamson coun ty, says: "The boll weevils nro working in the cotton to some extent, hnt no more than most had expected, and the rains of the Inst week made the cotton shed the blooms thnt appeared, but. taking all points Into consideration, the crop will lie ns good or better than has l»oen made here In the Inst few years." Temple. Bell county. Texas, nays: "There will be less cotton received in August this year by wagon than ever before known. The reason ascribed Is thnt after the rains which succeeded the June drought, cotton was small, and, therefore, the tolls have been late in forming. By the same rale Septeintor receipts promise to exceed any thing t of thp klr" "“** *“ * “ “ :ind seen In previous and-fields clean, well cultivated nnd gen erally doing well, but there is considerable doubt ns to how much dnmnge the heavy rains, followed by dry sunshine weather, may Inflict upon n large nnd somewhat sap py plant." Private Wire to Ware ft LelsmJ, New York. Aug. 29.—Liverpool opened Ir regular 9 down on near and 10 down on late. At 12:15 p. in.. 10G11 down and steady; sales 4,000 spots. 15 down nt 6.40d. * Fu tures due to come 10 down. Market opened weak, commission houses and local traders big sellers. Looks like go- lower. Jot ton continues weak. Tremendous blocks of cotton being thrown overboard. Gathncy nnd Schlll heavy sellers, fan not see any hope for cotton, nnd think we must hnve gradually lowor market. Liverpool cables affected unfavorably on ..ic poor receipts from New York. Other wise the market shows no new features. Tone of the market Indifferent. Bother better demand from spinners. Think cotton shorts well run In on Inst sdvnnce. Considerable pressure, with lots for sale. Believe It Is a sale. New Orleans, Aug. 29.—The market Is barely steady. Shorts nre taking profits, which check* the decline. No other sup- .rt Is offered. Sentiment Is generally arlsh. TOE WEATHER LOCAL FORECAST. THE FIRST The Heaviest Transactions Were in Reading With Philadelphia Seller. OPENED FR ACTION OFF Slumped Sharply Over 3 Points, But Quickly Re covered 2 Points. By Frlrnre Loosed Wire. New York, Aug. 29.—With the publication of the details of yesterday's Philadelphia failure, the stock market was quick to recognize that It had eutirely exaggerated the sign! flea nee of the episode. The sus pension was due neither to stock specu lation nor to the real estate boom, con sequently whatever commeut there had been ;*e*ferdar on the assumption that a weak spot hnu beeu disclosed In the finan cial situation was seen today to (hmkcss no force at nil. A quick recovery was in order, nnd It began In a remarkable man- _ In the early to ml on dealings. Be fore the opeufug of our market, American stocks were up anywhere from a point to (mints, with an extreme gain of 3*4 on fhe Canadian Pacific. These advances were reproduced consistently at the local opening, Canadian Pacific selling up for au extreme gain of nearly 6 points, with sharp advauces In the minor affiliated stocks. For a time thereafter there was considerable (measure on the market, par- " ilnrlr In Beading, Pennsylvania and Cop per, where enormous blocks of the stock were thrown out. But the absorption was remarkably ^ ‘ '' ’* * oral list m _ upldddlng of Great ] Pacific tne feat urea. The atock market opened animated nnd Ir regular, but with moat Issues showing ad- vnucea. Pennsylvania opened on 7,000 shares nt an advance of 1% per cent. Bending's Initial price was % lower. Atchison opened nt a gain of %. as ngnlust 19314 yesterday. 8t. Paul opened, ex-dividend and rights, at 175H. The sensation of the mnrket was advance of 4% In Canadian Pacific. The stock gained 5?4 net. There was wild , trading all through the rat hour with 1,000-share orders plentiful in numerous stocks ns to create general comment. The heaviest transactions were lu Rending, of which Philadelphia was a seller on an enormous scale through local houses. The stock, after opening lower, rallied to 136%, then drooped to 133%, hut on heavy huylug It quickly rallied over 2 points. The buying around the room was of so Impressive a chnrneter thnt It forced room traders to hurriedly atari covering shorts grabbed ns soon ns they 1 Governments uneL * active and lower. LONDON 8T0CR MARKET. WEATHER IN COTTON BELT. clear atid fine; efsco, Near and coOl; Fort Worth and ton Antonio, partly cloudy nnd Mississippi—Nntehez and Ynsoo City, dear and nlenaant; Jackson nnd Meridian, clear and cool; Hattiesburg, portly city - - cool; Hnalehurst, Greenwood nnd haven, dear niul cool. Alntoma—Birmingham, portly elm cool; Selma, Montgomery and Mobile, dear and warm; Opelika, cloudy, drltsllng rnln and cool. . ... North Carolina—Greenstoro. cloudy, rain yesterday; Raleigh, cloudy and pleasant, WEATHER IN WHEAT BELT. standing proposition, that tendency being Interrupted from time to time by perfectly normal nml healthy reactions. Reports from the South Indicate one of the largest, « not the largest, crop ever gathered, nn.l ns long ns such reports continue then* will to little upon which to tose nrgn- jurats for the purchase of cotton. This *• the marketing season, which In Itself pwsns pressure. Efforts to advance prices Mve met with re {tea toil failure. The ren- for it is the enormous amount of cot* to* for sale on sny advance. GIBERT a CLAY 8 v DAILY COTTON LETTER. • s **w Orleans, Aug. 29.—The sentiment ? . . ,u marked contrast to that W prevailing, and under the Influence or favorable reports, ss to fhe crop's prog- te«* options declined steadily, finally doa- lr J tf h arely steady st a loss over the pre- G"U" ilny's level of from 14614 point*. **>•« quotations were reduced 15 points; p;, le* 4.900. The llliernt response by Liver- J—i to the decline In the American mar- yesterday, nml an Ideal weather msp. *er#» rcfftouslhle for the loss in values on "toning. A further,decline was occasioned through the liquidation of a small long In- .boughtIn antlelpatlon of a reaction, »Med by activity on the part of the Itesrs. in fact, atom the only snnport furnished f to market was through the medium of •tort* covering. If a Marge short Inter- Extreme Northwfst—Partly cloudy nnd generally cooler, 38 to 64 shove; local rains. Northwest—Generally cloudy, 48 to 58 de grees above; local rains. West nml Southwest—Clear, 60 to 66 de grees stove; light showers In Iowa. Ohio Valley—Clear, 60 to 64 stove. WEATHER FORECAST. Louisiana. Mississippi, Alabama. Western Florida arid East Texas—l air Wednesday nml Thursday; light variable winds. Georgia nnd Eastern Florida—Showers to- day and tomorrow; light vnrtshle winds. West Texas— Local rulna Wednesday and WEATHER CONDITIONS. Cloudy weather prevails today along the Atlantic coast from New York to southern Florida and nt a few scattered stations Thnmasrttle 1.48. Rain was falling nt Au gnstn and Thomasvllle this morning The pressure Is very 1 regular,! distributed nnd Is generally low. There Is an nren of low barometer of considerable energy cen tered near Marquette, while the highest pressure covers the Atlantic roast states. The temperature bat changed hut little tt *The conditions favor showers tonight and nam,,T ' J. B. MAItniTRY. Section Director. cat menaced the mnrlict. It would upper loglonl, in 1 ' " the natural coitme of crenta, ... .. _ aomewbat material reaction from preeent prlcca pending the povcrn- ment’a report In the early part of next month, tmt the ahort Internal. If exlatlmr In volume, manlfcata little or no uura.l- neaa. hence the opinion itciiornlly prevail, that, with far.imlile clroinnarnnoea. mar ket price, will erailually drift to lower level*. And trader, antletpnte thnt th» annual report of our ixehanife. which will prulHilily lie arallalde np.ni the onenln* of 1 in .hie* Septcmlier 4. will. In the fla- nrea of annnlle*. eonatltute another Incent ive for aclllint. GIBERT & CLAY “ K. ALABAMA ST. BONOS, COTTON. GRAIN. corrcE. provisions MEMBERS Atchison.. .. • Canadian Pacific.. .. .. .. ,, Chic., Mil. and 8t. Paul..., Illinois Central*. Louisville nnd Nashville. New York Central Pennsylvania \ Reading,. ., .. „ 8outhern Pacific.. I'nlon Pacific Cnlted States Steel do. preferred.. .« „ .. RANGE OF NEW YORK STOCK MARKET ^nmlgn mnted Copper Atlantic Coast Line Americau Sugar Refining Anaconda American Locomotive do. preferred American Smelting Refining no. prcierrcu American Cotton Oil Rnlthnore nnd Ohio Rrooklyn Rapid Transit Canadian Pacific Chicago nnd Northwestern Chesupenke and Ohio Colorado Fuel and Iron Central Leather do. preferred.. Chicago nnd Great Western •Chicago. Milwaukee aud 8t. Paul., Delaware and Hudson.,..*.. Distiller's Securities Erie do, preferred General Electric Illinois Centra' American Ice Securities Louisville nml Nashville....... Mexican Central Missouri Pnclfb New York, Ontario nud Western National torn Northern Pacific......... New York Contra!,.... Norfolk and Western Pennsylvania People's Gas Pressed Steel Car do, preferred ..... Pacific Mail Reading Republic Steel Rock Island do, preferred ........ United States Rubber do, preferred........ Southern Pacific Southern Railway do, preferred Sloss-SheffJeJd............ ........ Tennessee Coal nnd Iron Texas and Pacific Union Pacific l-tttted State* Steel do, preferred Vlrglnls-CarolInn Chemical do, preferred Western Union Wabash do, prefer ml Wisconsin Central do, preferred.. I Opool HlghfLow Id'seBld (Cl'se. 10S, 4 | no j 107% 109% 1(8 Is* "ii'S & •Ex-dlvldeud 2H aud rights. 45V4 51V4 106% 107% 107% R 77% 77 77% 61% 51% 61' 1(K% 168% 168% 166 167 174 174 174■ riUfe 149% 148% 149% 218 212 218 m it a 9 Total stock sales to»lny i,6ffl,l6o shares. RANGE OF THE COTTON MARKET AT NEW YORK. Oct. . . . Nov. . . . Dec. . . . Jn». , , . Feb. . . . March. . . 33 I u e-C 9.10-11 9.15-16 9.14-1W 9-W-21 9.22-23 9.26-27 TIPS FLASHED From Wall Street COTTON REGION BULLETIN. meridian tunc. STATIONS OF •Atlsiita, cloudy, cloudy clOUdJ. . . Montlcello, cloudy. Newnan, cloudy. . , , Rome, cloudy. . . . . Tallapoosa, cloudy. . Spartanburg, cloudy. Toccon, cloudy. . . . West Point, cloudy. . •Minimum Eastman. On.. m CENTRAL STATION. Charleston. . Galveston. . Little Rock. Memphis. . . Montgomery New Orleans. Oklahoma. . Savannr.li. . Vicksburg. . Wilmington. . ... T Indicates Inapprvdshte rainfaltT Dlst. Averages. Max. Min. 86 REMARK8. The temperatures continue low over fhe entire belt. IJttle nr no rain has fallen west of the Mississippi river. Heavy rains have occurred lu southern Georgia. J. L. MARHUUY, Section Director. COTTON SEED OIL MARKET. heavy. Near deliveries coutluue to show evidence of support, nnd with the small stix-ks such support Is comparatively easy. The distant deliveries, bowerer. were easy, nnd the general tone was against values. Decline In cotton aud estimate of a big cot ton cron gave sellers of the forward deliver ies confidence. The market was firm st the close with prices %e to %e np. Bales for the day aggregated 2.10) tMirrels. Octutor 1.000 at 32%c, Septeintor 100 at 36%c, De- cemlsT L000 at 2l%c.—Ware ft tolaud. Opening. Closlni August. 5f_ i Septemtor. . , . . ■ Private Wire to Gibert ft Clay. New York, Aug. 29.—Marshall, Spader ft Co.: "The Philadelphia affair la very much more a matter of seutlweut lu Its effect .... . ‘race „ The known, and, had as It is 111 ‘reflecting a serious financial scan dal, we nre prepnreil to see Its mnrket effect fully discounted this morning." It is generally acknowledged that atocka hnve been distributed to n considerable ex tent, nnd that Interests who have sold worst appear* to AT NEW ORLEANS turns In New Orlesns today: Dec. . , .Inn. . . Fob. . . March. . 8.99 non 9.20-30 9.02-06 8.99- 90 8.99- 01 9,00-01 9.07-08 t!oS-o* {SS 9.04-06 9.10-11 9.14-17 9.20-21 THE COFFEE MARKET. cables nnd n little better which seemed to to due to renewAl of hull aupport nnd a part waa for covering of shorts. There was a good deni of «mffee. for sale, however, and the market did not bold all of Its openlug gain. -Business was quite active and sales to mid day were stout 50,000 hags.—Ultort ft Clay. Following Is the opening range nml close of the New York coffee market for to* day: Opening Range. Close. January 6.70 6.60-6.65 Real Estate Trust Company lu hands of receiver failed for about gf,000,000. This hi face of present money conditions has caused some anxiety. Uii Investigation, It Is loomed that stocks were taiuglit yesterdny on the decllno by the tost people. Advise buying Baltimore and Ohio on this decline for goto profits. Think the mnrket will he supported, and will finally disregard the Philadelphia fall- Anywhere around yesterday’s low level, think whole list good purchase, eapc<*tal' ly the mils. The New York Financial Bureau saya; -Unfavorable technical deductions nr our Tuesday morning's editorial as regards gen oral bullish aggressiveness, hut favorlufl specialties having been tome out by the action of the stock market during jester day's sessiou, the developments presented this morning from Philadelphia and Rus sia nre such ns to encourage further bear ish vibrations, although we expect to see the market supported. We think the re actionary tendencies will be hut temporary, and do not believe thnt the fnndnmeiitnls will permit u tour market. The money factors now existing will, however, prevent a bull campaign, according to the latest developments. An ncMve mnrket la prom mi-,**-««-owr- 1 been use It will tend to re strict real estate operations, but It may cripple certain Interest* for the time, aud the size of the failure will have a tod effect. The outlook Is for an unfavorable bank statement this week, with money rates firming nnd a big demand from the interior fm the crop*. Of course, relief will to presented when the time cornea, but It la II to 1 thnt the government will not extend aid to speculation, hut only to legitimate Industry. The Interest of the pnbllc In the market at this time la dwindling on account of the lack of ag gressiveness, and It Is possible a shake out Is Intended. On any good break, we would not hesitate to buy standard stocks. Private Wire to TVs re ft I ton nil. New York, Ang. 29.-8nrh affairs as came to light yesterday hi the tonk failure of PhllsAelpkla makes one feel like get ting out m long stocks. Would take ad vantage At Arm snots to realise. nltaw-Jones’ avowry: American stocks in London atrouger %01 per cent n I tore parity. W. J. Bryan arrived from Europe to- •"Krai Estate Trust Company, of Philadel phia. said to Ire a tout 17,000,OflO short. h Npw York Central expect* to Issue new of Canadian Pneffle. Ate* ‘ •"to three’raid# for fhe third week In August show nn average gross Increase of 14.60 per cent. Banka will lose heavily to the Interior this week, nnd dnecfctfty to San naKMta Indications that the g«44 for present will e Imported from Australia tondon settlement proceeding aatlsfncto- twelve industrials declined 1.18 per Twenty active railroads declined 1 pe* cent. 0.7M.85 March 680-6.C6 April 6.86-6.96 May 6.90-6.06 Jiiue...,,, 7.00 September October November.. .. ., December Closed steady. ...6.40-6.45 ..6.45-6.55 . .6.60-6.65 6.65-6.75 6.75-6.80 6.80-6.90 €.30-6.36 6.40-6.45 6.456.66 6.56-6.60 HAS SO. PACIFIC EARNED DIVIDEND? Robert Goodbody ft Co., New York, say In reference to the recent dividend of 6 per cent per annum on Southern Pacific: "The Southern Pacific management atop ped publishing the gross and net earnings of the road with the statement for laat Februnry, Wall street being told, either formally or Informally, 4hat the San Fran cisco disaster had so complicated matters thnt the statements could not to usefully S ven, and the Impression being, to say the nst, allowed to prevail thnt floutheni Pa cific had so suffered from the enrthqunko nnd the consequent dislocation of business ns to uinke It ftnprohnbln thnt dividends on the stock could to soon begun. Yet sud denly this dividend Is announced at 6 per cent per annum. Would It to wonderful If holders hnd sold • out and put their money Into other things? It would to so natural that we are half Inclined to fancy thnt so far It Is very probable that those people who would profit most by the matter have perhaps found the market to to sellers on I ton net, oven allowing for purchases by Inveterate bears and against foreign op tions." THE METAL MARKET. lapse of the corner which had Ireen la ex- Istenre for some little time. R(»ot was of fered at 40%. SOUTHERN EXCHANGE Oldut Erttbllihcd Office South. corros—stoms—bonds—euii around Floor Gould Building. Dally mnrket Utter nnd mnrket manual mailed on application. L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN • Correspondent's Capital $250,000 REFERENCE. THE NEAL BANK PHONE 1417. PRUDENTIAL BLOC NOTES ON GRAIN Pointers on Provisions. Private Wire to Ware ft Belaud. Chicago, Aug. 29.—Wheat showed a good nudertoue at the close yesterdny, and will likely show some further advance today. The opening Is dull hut steady. Crowd ready to go either way. Some rain* In parts of the northwest ha* caused a lit tle buying hero, but uotblng of conse quence. Minneapolis stocks decrease 935.000 for four days. There la a lot of Septemtor wheat hero n tnp tt' *— A lot of nen polls. buyer hoy of *ftjr not, mi, 'w,v Wrii(hl' , ' 1 !v! «hort. I'hlcnjo Intcr-Occan: It I, lietwr nml griiM with thu wheat trailer*. Thera haa been a 16c break on the winter wheat movement, which haa let up. The aprlmr movement, which was expeetto to to well under way by this time, has toen cheeked by recent wet weather, nnd Is dlssp(>olnt- lug. It has curtailed operations by the bears, and while the bull* <Jo not look f 1 r ™ movement rlfftat away, they are afraid It might come, and are going slow. Miiiuen(>ollH hnd only nine cars of new wheat yesterday, two cars No. I northern, five cars No. 2 northern, one car No. 3 northern nnd one car rejected. La tend ylcos ^ from Argentina ^sa^r that the quantity of wheat still CHANGES SMALL At Close Market Was Un changed to a Fraction Lower. BUSINESS WAS SMALL Fluctuations in Com and Oats Covered a Very Small Range. By Private Leased Wire. „» »,*„ «»«„«,«,- lur Chicago, Aug. 29.—The best spoti export la very moderate, nnd exporter* pre- ranched for grain failed to hold, as £1^ f. rtendy reduction In shipment* from the offerings increased on all the ad- thls time on. The sumo conditions also np- vances to develon. Obtain* htengo hnd ten new cars spring jester- ... No. red sold f. o. b. at le over Septemtor and No. 2 hard nt Septemtor price. D. T. Coon, of 8t. Louis, who la conn Id ered nn excellent Judge of corn, ha* been Inspecting the corn crop in southern Illi nois by trolley. He wire* thnt much of the corn la Into, nnd that which was fired recently remains fired. Many of the earn arc standing upright on the stalks, which, he says, would not l*e the case If they were filled Well, nnd In all he does not think thnt hte condition of the corn crop Is good. More wet wen flier northwest. Pressure of September liquidation over. Market over sold nud In good shape for speculative reaction. Good den! of talk about Increased corn receipts, but the deinnud continues excel- *mf. Contract stocks exhausted. Bears nt making much headway. Feel friendly to oats. The Record-Herald says: tongs In oats re getting nVRttle nervous over the pros pect of big deliveries next Saturday. A very large quantity of oats that nrrlved Inst week Is unaccounted for. sorry to hnve to of n big harvest I not l»e realized." _ Campbell ft McLean Crop ] ‘peg. "The excessive I •est dnnmge to the crop, our Canadian west nnd In North Dnko- NORTHWEST CARS, The following figures give the northwest cars today, last week and last yenr: Minneapolis. Diilufh^^^ THE MADDOX-RUCKER BANKING COMPANY, with capital, surplus and shareholders’ liability of 10,000.00, solicits ac* counts of individuals, firms and corporations. Idle money waiting an investment can draw 31-2 per cent interest in our Savings Department="with° drawal any day without notice. vances to develop. Closing prices: Whegt, l-8tfDJ-8c up; l-8c lower for corn, and 1-408 -8c higher for oats. Hog products were ragged at the close. Cash transactions were 18 loads of wheat, C loads corn and 80,000 bushels oats. At the seaboard. 28,000 bushels wheat, 66,000 bushels corn and 110,000 bushels oats. The markets all closed rather tame. Primary receipts of wheat, 487,000 and corn 577, against 790,000 and 864.- 000 bushels, respectively, a year ago. CHICAGO GRAIN MARKET. Chicago grain and provisions quotations for today follow: Previous High. Open. WHEAT- Sopt.... 71 Doc 74% May 78% CORN— Sept 48% 48% Dec 44 44% fc S8 iSjt Mar 82% 33% FORK- Sept... 17.00 17.00 Jan 13.0 13.45 LARD - Sept... 8.65 8.67% Get.... 8.72% 8.77% Jan.... 7.85 7.90 HIDES— Sept... 8.62% 8.70 Oct 8.65 8.61 Jan.... 7.15 7.20 CASH WHEAT- No. 2 red 7 hard winter ’ tow. Close. Close. 70% 70% 74 78% 48% 44 44% 78% 8.65 8.72% 7.85 ss 8.62% i.iru 7.17% 7.17% 71% m 48% 44 44% 29% 30% 32% 8.66 S.57% 7.20 PRIMARY MOVEMENT. The followlug figure# give the primary moveineut of wheat and corn: Wheat—Receipt# today 967,000 bushels, against 790.000 bushels last yenr; ship ment* today 300,000 bushels, against 430,- 090 bushels Inst year. Corn—Receipts today 677,000 bushels, ngnlust 884,000 bushels Inst yenr; shipments today 328,000 bushels, against 253,090 bushels last year. LIVERPOoiTGRAirr MARKET. Wlient—0|>oned unchanged; at 1:30 p. m.* %c higher; closed %c higher. Corn—Opened unchanged; nt 1:30 p. m.. %c higher to unchanged; dosed unchanged Wheat.. Corn.. Oata.. ., Hogs.. .. L. J. ANDERSON A CO.’S DAILY COTTON LETTER ket was very wonk today, the futu declining 13 to 14 p - - and n|>ot sales belli of 15 points. The L _____ evidence that the spinners art* not In of cotton at the present time, niul with the belief general as to a big yield they »»— bolding off In the belief of lower prlc Cron reports contlnuo to come in of r . !>rnble tenor, and until tlmre Is * change In this respoct it Is difficult to HWopeolBf figures. At this time •rices nre steady, hut with not much ten- lency toward a higher lerel. 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. LOWRY NATIONAL BANK CAPITAL, SURPLUS AND PROFITS OVER ONE MILLION DOLLARS Foreign Exchange, Travelers’ Checks, Brown Brothers' Letters of Credit available in all parts of the world. ATLANTA. OA. Sew Orleans Smurt of 1 raSeJiiaHraton Cotton Kschang* change.. Private Wires t&all Exchanges. Local and Long Distance Tslephens 5295* W. n. FAGAN, Manas** Utter. THE DRY GOODS MARKET. New York. Aug. 29.—Rust neaa waa at a high level In cotton good* generally today, though buyer* for cx|*ort account made strong Wits ft»r concession* *m future de- llverles. lu woolens and silks, the pnm- neets for a good fall trade are distinctly v Ys/L Its Orftfi. C WARE A LELAND COTTON, GRAIN, PROVISiONSrSTOCKS, BONDS, Me. 2 Watt SI.. Fcfcn Billdiiq. Atlanta. 6a. UlUBUS: Stw Yatk Catron fatkaaf*. CkUago Board at Trade. Arm Orlaaat Cattoa latSangt. Chicago Stock l Khan ft. llutreoe! Cotton duacatlan. Ins York Codec fitfrcsge. rrltala Wire* to Stw York. Btw Orltaaa, Chicago. B. C COTHBAN. Manager. Boll thane 1242. Standard Phaaal tf SK