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THE ATLiAJNTA UJbuttttJLAN.
COTTON AT THE START
WAS STEADY IN TONE
Traders Were Disposed To
Reduce Their Lines in
View of the Com
ing Holidays.
SPOT COTTON MARKET.
Liverpool dcinuud limited, with prices
Steady. Middling uplands, 5.39d. Sales, 4,-
000; American. 3,700; speculation nud ex
port. 400. Receipts, 3.000; American, 1,400.
Atlanta—Steady at 9%c.
New York—Quiet at 9:80c.
New Orleans—Steady nt 9 518c.
Augusta—Steady nt 9%c. »
Savannah—Quiet nt 9c.
St. Loul*—Dull nt 9%o.
Boston—Qulat nt 9.8fle.
Memphis—Quiet nt 9%r.
Baltimore—Nominal nt 9%c.
Galveston—Quiet nt 9%c.
Wilmington—Nominal.
Mobile—Nominal nt 9c.
Norfolk-Quiet at 9%c.
By Prlvnto Leased Wire.
New York, Aug. 39.—The undertone of
the local cotton market at the outset was
steady. After the call the list displayed
further steadiness on n little covering.
Most of this was by foam traders, who,
while seeing no reason to change their
bearish views, were disposed to reduce their
lines In view of the coining holidays.
The cotton market was quiet nt the open
ing this morning, and about lu Hue with
the Liverpool market.
During the morning hours the treud was
toward a lower level, though the early
fluctuations covered a, narrow range, the
market being dull.
After mlddny commission houses and
shorts were moderate buyers, and with of
ferings light, au advance occurred.
New cotton Is still on the Increase, New
Orleans getting 175 bales, Galveston 5,480,
Mobllo 6, Memphis 1, Houston 8,080 and
Augusta 14L
Estimates for tomorrow:
1906. 1905.
Galveston 10,000 to 11,500 7,107
Houston ,.... 8,090 to 9.000 9,770
As a result of covering on the approach
of the holidays, n sharp advauce occurred
In the afternoon trading, the close being
near the high point of the day.
Weld, Nordcn nud Price brokers bought
heavily In the late afternoon.
TODAY’S PORT RECEIPTS.
The following table shows receipts st ths
K rts today, compared with the same day
it year:
New Orleans .
Galveston. . .
Mobile
Savannah. . .
Charleston. .
Wilmington. .
NEWS AND GOSSIP
Of the Fleecy Staple.
Private Wire to Glbert & Clay.
New York, Aug. 30.—Liverpool opened 2
to 3 «P. ttlMiut nu expected.
The market here Is very soft and will
not stand any pressure.
Liverpool Is buying nud Weld Is a seller
on the ndvauce.
Carpenter, Hnggot & Co. are the prlucl-
pal sellers.
Weld and Mitchell continue their pres-
ire on the mr-'—*
Mitchell offerli
Decemlier at 9i\
pick Bros, k Co. say: “We cannot con
sider the market In a strong position, even
on the basis of 9c for Jauuary. Technically
the market is fur from strong In spite of
overwhelming bearlshuess of sentiment. The
reason Is that even the most Ifenrlsh In-
its keen feelh
tom. _
The Commercial hears n”rumof’that there
will be n new strong Arm In local market
after Oct. 1.
The Journal of Commerce says: “The
icarelty of cotton goods In all lines Oner
than print cloths In first hands has liecouie
acute to the point where sellers and buy
ers are being annoyed. No forethought In
buying could have provided against the
great demand which has come forward for
some lines, and buyers hare l»een active In
the past week or ten days, duplicating or
ders, only to And that deliveries cannot be
given ns quickly ns the/ would like. This
has led to a close combing of nil sources
of supply and'the use of many lines hith
erto neglected."
— weaker shorts have freely covered.
Market easier on spot people selling and
local hammering.
New York wires: “Some disposition to
cover today. If It continues may go high
er, but have no faith In It."
Private Wire to Ware & Lehtnd.
New York. Aug. 30.—Liverpool futuren
opened steady and unehnnged on near. 1
P ou late, at 12:15 1 to 3 up; quiet but
endy. Sates, 4,000 spots; 1 down. Futures
were due to come 2 to 3 up.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
NAME OF STOCK..
Amalgamated Copper.
Atlnutic Coast Line
American Sugar Kef..
Anaconda
American Locomotive
preferred
We
his V1I , ,
[Miwer Is coming from shorts almost en
tlrely and evening up process over the hol
iday* by the local crowd on every rally.
There Is considerable cotton sold for the
South. Think market must work to n low-
"Jli level, nud advise snles on any little
Mitchell and other brokeni selling cotton,
the market has no friends nud traders
back awny from offerings.
New Orleans, Aug. 39.-Cables were due
about 3 up on both American markets nud
therefore up to noon were about ns ex
pected. Spot* continue In limited deinnnd.
I* utures are easy. The market Is not able
to absorb any amount of offerings. The
bulls do not seem willing to furnish the
support necessary to bring about a mate
rial ndvauce, although the shorts fear ma
nipulation In Liverpool over the holidays
more than the longs do.
INTERIOR MOVEMENT.
The following table shows receipts st ths
Interior towns todsy, compared with the
same day last year:
Houston. .
August*. .
Memphis. .
Ht. Loul*. .
Cincinnati.
Total.
GIBERT A CLAY’S
DAILY COTTON LETTER.
shorts maintained a steadily ml
ket In Liverpool, but when this process of
liquidation finally culminated options eased
off considerably and closed easy from 1 to 2
points lower than yesterday. Hpot quota
tions lost 1 point on sales of 4.0W) bales.
The irregularity of the market Is but
natural In view of the Impending govern
nient report, and the range of prices, while
moderate. Is probably Increased t»y the
scnlplng Interest, which largely predomi
nates. Current Influences continue to mili
tate against the maintenance of advances,
and when Improvements do occur, as they
do frequently on the overturning of the
short Interest, the better selling basis thus
new lines c. —-
ton cuutluues to move freely lu Texss, and
the week, with Its dear, dry weather, has
caused picking to progress at a very rapid
rate. Gins are running fnll time and over,
and soon the weight of the movement will
become apparent In Its Influence upon
prices. Insect Injury hns been the cause of
than satisfied with existing prospects.
WARE aTeLAND’8 DAILY
COTTON LETTER
New Orleans, Aug. 30.-Today’a cotton
market was a good (leal of a holiday nffalr.
At timet It showed steadiness In rather ft
marked degree, put this was entirely dne to
covering by shorts, who were not desirous
of carrying their commitments over the
three holidays which follow the, closing of
the market tomorrow. Bulls were not st all
aggressive except for a short time soon af
ter the opening, when they made a per
fectly open attempt to run In shorts. The
Rise of the short Interest In the market,
however, did not admit of extensive manip
ulation. and the buying wna soon over.
Liverpool was good enough for some time
Previous to the opening of the local market,
but fell off Just liefore the opening here,
which canted Initial prices to snow a slight
loss from the level of yesterday’s closing.
The weather map was all that could Ik* de
sired and the telegrams from eouutry were
less pessimistic than they hare been. Mr*
Hgn exchange was unsettled and weak and
there were no new developments In the sit
uation to warrant an advance. That the
manipulators could not get prices higher,
*|H>ke volumes against the existence of an
unwieldy short lutercst.
THE METAL MARKET.
Br Private Leased W’re.
New York, Ang, 30.—Tin was slightly
firmer at %c advance In spot and nearby
deliveries.
Other commodities were dull and un
changed.
BEARS EXPECT
A HEAVY CROP
New York. An*. JO.-The Hun eny«: Agnln
the innrket tvnj weak curly because of
much cotton. Column. might I* written,
too, on the subject and It would come to
this and nothing more. Cottou Is iiourlng
Into the Southern |»orts. the crop reports
are fnvrnbte, the belief Is general that the
next government report will bold out hopes
of one of the biggest yields on record, mid.
to cap the climax, Ureri»ool, which had ap
parently been favoring the bulls somewhat
of late, suddenly broke badly.
gmnents were of no avail. A „
olnn stated the general condition of the
plant nt 79.2 |»er cent, but It bad no effect.
The Georgia crop Is looking better, mid, al
though deterioration Is reported In Lousl-
nun and Arkansas, that Is nothing unusual
during August. It Is lxdlcved that It Is no
greater than In some of the l»est years on
record. Meantime room traders hammered
the market, nml If the bull leader gave any
support Its effect was not clearly percept!-
Me. Whether the market can still be sold
short with Impuulty for any great length of
time remains to In* seen. The universality
of the bearish sentiment seems at the mo
ment about the only thing on which a ball
can count to bring about a rally. In other
words, everylHHly is a Itenr and In such cir
cumstances the bear side Is very apt to Ih*
overdone. A rally, however. In such condi
tions would probably prove to be only tem
porary. The Mouth and spot Interests were
selling, and most of the Inlying was simply
to cover shorts. Yet the covering late In
the day was so active that much or the loss
New Orleans, Aug. 30.—The Tlmes-Demo*
rat aaya: Tenacity of purpose rather than
rade demand checked a logical tendency
toward lower prices, and yesterday’s cotton
innrket, while distinctly favoring **-- *
. . - w ‘ “
r!ewpol_
Indicated. Beyond the shadow of ..
doubt, the talent la trading on the drift of
geueral sentiment, consequently the yet un
known relationship of supply and demand
another year is playing a more or less sec
ondary role In the speculators’ current 'cal
culations. This hypothesis being reasonably
correct, the adjustment of errors of Judg
ment may bring complications not now an
ti by the average seller of the other
_ property. The Mouth hns l*een win-
rated to high price cottou. a fact which
cuts both ways. The every-dny speculator,
accustomed ns he Is to 10 and 11 cents, can
not easily resist the temptntlou to regard
cottou after every slump an cheap nt the
price. On the other hand, some very posi
tive and telling nrice views nre pretty sure
to come from the farms longjbefr—
spinners are given
Ain. Car Foundry
Baltimore & Ohio
Brooklyn Knpld Transit
Canadian Pacific
Chicago & Northwest’n
Chesapeake & Ohio
Colorado Fuel & Iron
Central Leather
do. preferred
Chicago & Great W
Chicago. Mil. and Mt. p
Delaware & Hudson
Distiller’s Mecuritles
Erie *
do. preferred
General Electric
Illinois Central
American ice Mecuritles
Louisville * Nashville
Mexican Central
Missouri pacific
Total sales today 1,328.000 shares.
NAME OF STOCK.
.kimmmi iH-au......
Northern Pacific....
New York Central.
Norfolk A Western,
Pennsylvania
People’s Gas..
Pressed Mteel Car
do. preferred
/settle Mali ...
Bending
Republic* Mteel
Buck Island
Southern Pacific
Southern Hallway
do. preferred
Mloss-Mlieffleld
Teun. Coal & Iron
Texas A- Pacific
Cnlon Pacific
United States Steel
do. preferred
Vn.-Cnr. Chemical
do. preferred
Western Union
Wabash —
*o. preferred
Wisconsin Central
do. preferred
NEW YORK.
lures lu New
Aug. . .
Sept. . .
Oct. , .
Nov. . .
Dec. . .
Jan. . .
Feb. . .
March. .
3 ti
8.76- 781 8.64
8.77- 78 8.69-70
8.94-96 8.83-84
9.35-36 9.22-33
Closed very steady.
NOTES ON GRAIN
Pointer* on Provisions.
rbnnre to fill their re
quirements under the 9-rent mark. In the
event nothing happens to the world’s trade
In manufactured goods. In the Interim ex
isting sentiment will probably uudergo no
"'tX? 1 85w“ASStn■ nnd the New York cot
ton exchanges will remain closed Saturday
and Monday, September 1 and A—Glbert Sc
Clay. _____ —
L. J. ANDERSON A CO.’S
DAILY COTTON LETTER
New York. Ang. 30.-The reactionist! were
again In evidence this morning lu the face
of s weak Liverpool, and prices .were bid
up right after the opening for about 7
points, but the weight of favorable cron
reports was too mueh for them. They had
to turn loose.
Private Wire to Glbert & Clny.
Chicago, Aug. 80.—Provisions opened
sternly to strong on good local buying. Good
cash demnnd reported over night, nnd local
crowd went home short. They are covering
this morning, and there Is some buying or
the January option for Investment.
Oats opened steady. Cnsh- houses buying
December. Trade light.
Think profits should be taken on pro
visions on nil hard spots.
Saturday Is delivery day. Time for de
livery 8:80 to 9:15. As Monday Is holiday,
nil stuff taken must be carried till the fol
lowing Tnesday.
Record-Herald: Elevator people nre pre
dicting deliveries of 5.000,000 to 6.000,000
bushels of wheat Saturday. A large part
of the long Interests has lieeu eliminated
by the recent 15c decline nnd by the large
private transfers from rieptemlier to Decent-
>er Inst week. Nevertheless a fair quantity
of wheat will be taken In nnd paid for by
commission houses for the account of mis
cellaneous consumers.
Board of trade ineml>crs will vote on
Wednesday next on the proposition to
change the enniinlsslon rule back to where
It was before March 1. Friends of the
measure assert that It will enrry.
Private Wire to Ware & Leland.
Wheat market shows effects of September
liquidation. Expect more of It, which
should give us lower market.
Wheat opens weak nnd market seems to
have lots of Soptcml>er on It.
Chicago Inter-Ocenu: Cash wheat was
relatively a shade firmer, new No. 2 red
being quoted at lfflUc over September f. o.
b. and No. 2 bard September price to %c
over.
There was a fair milling demand for
. *ta. lint little I nan* ' * * *
reptnneef were llgn
Ing. The crowd here are afraid they
have big hunch wheat laying around on
Tuesday next nnd do hot want stock up lu
face of deliveries nnd large receipts.
Corn market easy with September more
pressing than older months. Demand very
poor.
Septemlier onts drugging with difference
114c. or the widest yet from December
price. Trade small nud mainly of the
('hanging sort, Septemlier and Decemlier.
Provisions fairly steady. Receipts hogs
astern poluts 9,000 heavier thnu same
•*- ^ r|| thong*
sold Septemlier lard,
\ Octofier lard
Market
CnAb corn lu Chicago was In fair demnnd,
rlth prices %tr\c higher. Acceptance* ’
larger than any day In a month.
A brisk demand waa reported for onts
from the east. Prices were ‘4©He higher.
l.ocsl sales were 106,00J bushels wheat. In
eluding 75,000 No. I red. 135,000 corn nnd
280,000 oats. The scalioaril reported 144,000
wheat. 50,000 corn nml 80,090 onts for export.
The wheat was given Its chance for the
news from the northwest yesterday, mes
sages galore -being received from that sec
tion with tone of the advices ranging from
the dnrkest pessimism to buoyant optimism.
On the theory that where there was sc
much smoke there must be some fire, trad
ers were Inclined to ptneo. some reliance In
the stories of crop injury nml there was
some buying early on the strength of these
reports. One of the la*st buyers of Decent-
ls*r early was understood to hnve received
nuthentlc reports regarding the serious*out
look of the Cnnndlnti wheat harvest advices
emanating from the lending Montreal firm
claiming that the full extent of the Injury
to crops bad not lieeu realized.
CHICAGO CAR LOT8.
LIVERPOOL.
Futures opened quiet and steady.
Opening Previous
Range. Close. Close.
, 5.10 5.07 5.09-5.10
6.01-5.03 5.00 5.01 •
4.92- 4.93 4.99-4.91 4.92
4.90-4.92 4.90 4.89-4.90
4.90-4.92 4.90 4.89-4.90
4.91 4.91-4.92 4.90-491
4.93- 4,96 4.93 4.92
4.94- 4.96 4.95 4.91
#4.96-4.90 4.97 4.96-4.98
5.00 4.98*4.99 4.97
August. . . .
Aug.-Sept. . .
Sept.-Oct. . .
Oct.-Nov. . •
Nov.-Dee. . *
Dec.-Jnn. . ,
Jan.-Feb. . .
Feb.-Mbrah. .
March-April.
Aprll-May. .
Closed easy.
NEW ORLEANS.
All*. . .
Sept. . .
Oet. . .
Nov. . .
Dec. . .
Jan. . .
Feb. . .
March. .
9.20 9.20 9.201 9.20] 9.00
-I 9 ^ n . 2 J k°rJ Wg| 9.02],9.101-14
9.08-09
1.040
!UrM'»
:m<mt
9.21-23
9.28-2?
9.20-30
9.02-06
K. 99-90
8.99-01
9.00-01
9.07-OR
9.11-13
9.17-18
WEATHER FINE!
. CABLES LOWER
Opened Wheat Weak and Lower,
Professionals Heavy Sellers
for First Half Hour.
By Private Leased Wire.
Chicago. Aug. *0.—The eong of the
grain trader was henrd In the big pits
on the board of trado. There were
momenta of dullness nnd the day's
business was not to the liking of the
brokers. The northwest longs were
again picking out the poorest thrashing
returns and sending them broadcast In
order to Influence values, without a
great deal of success.
Closing prices showed wheat 3-S(8>
1-2C lower.
Corn was unchanged to l>4@3>8c
lower.
Oats l-8®3-8c higher.
Provisions unsettled, but mainly
higher. , ,
Cash sales here were 48,000 bushels
wheal, 145,000 buahcla corn and 155,-
000 bushels oats. * . . ,
The seaboard reported 10 loads
wheat, 3 loads corn and 10,000 bushels
Primary receipts of wheat 458,000
against 873,000 a year ago; corn re-
clpts 301,000, against 676,000 bushels
last year. ... . .
Clearances 464,000 bushels wheat,
28.000 bushels corn and 700 bushels
oats.
CHICAGO GRAIN MARKET.
Chicago grain and previsions quotation,
,r loioy follow:
High.
74*
7814
I 1
48%
S
Todav. Tomorrow.
,•duller, where they bolted on some large
baying for Urge account, Tbl. buying
steadied the market ami prleea regained a
part of the day's loss. This .late of af
fairs eannot loot mueh longer; n aolialontlal
movement one wny or the other uniat lie
made at on early date, For the time It
would aoeiii moat favorable for a fair ral
ly, The abort Interest Is large, and aliotit
all that la possible haa lieeu done on the
liear aide for the time beln*. It U probable
that the hi* operators will favor a rally
between now and the government reports.
nlMint kept. 8. as those reports are expected
bearish nnd a better selling basis la de-
slred.
GIBERT & CLAY
18 t. ALABAMA 8T.
COFFEE. PROVISION*
IBCRlt
ATLANTA. OA.
OffJ! ilchlSgtlN^ Orleans Boart of TrISe.|oalveaton Cotton Eichanga.
New York Cotton
New York Coffee „ _ .
Private Wire# to all Exchanges.
Local and Lena Dlitano# Tflsphonft 6298.
W. n. FAGAN. Msnsflar.
ALONZO RICHARDSON & CO.,
PUBLIC ACCOUNTANTS
AND AUDITORS
Empire Building. Bell Phone, Main 858.
' ATLANTA, GEORGIA.
FORMER ATLANTAN
ADJUTANT GENERAL
The friends of Colonel J. C. Boyd,
of Greenville, S. C„ formerly of At
lanta, will be pleased to learn of his
nomination as adjutant and Inspector
general for Bouth Carolina at the re
cent state primary. It was a splendid
victory for Colonel Boyd, as he not
only received an overwhelming major
ity, but carried his opponent's home
county.
This Is a well deserved compliment
from the cltlxens of South Carolina
to Colonel Boyd, who has long been
identified In the state militia, and as
one of the most progressive men of
the state.
Colonel Boyd Is a brother of Mrs. E.
V. Wyatt and Captain V. H. Boyd, of
this city, and was at one time In busi
ness here In the firm of Boyd A Brum
by. He Is well known to all the older
residents of Atlanta.
3=?*
3384
Opsn.
WHEAT—
Hep . . 70%
Dee. . . 74
May . 77%
TORN-
Sep . . 48%
1 *e . . 44%
May . . 44%
OATS-
K:: ^
May. . 33
PORK-
Sep. . .17.00
Jan. . .13.40
LARD—
Sep . . 8.67%
Oet . . 8.80
Jan. . . 7.92%
SIDES—
Sep . . 8.70
Oet . . 8.81
Jan. ..7.17%
(’ASH WHEAT-
No. 2 red. 71HG72: No. 3 do. 70%«71%: No.
2 hard winter. TO%«71; No. 8 do, »%©70.
NEWS FROM CROP.
Weather in Belt.
New York, Atifi, 30.—The Journal of Coin-
inereo says of ludlnn Territory: Compared
with Inat month, eottoii shows general de
terioration, but conditions probably better
than year ago. Plant hns taken on large
growth. Is healthy nml In many Inatnnees
reported fruiting well. Boll worms serious
ly complained of.
Same paper says of Oklahoma: Deteriora
tion. If any, has been slight since Inst re
port. Fears that large growth will Im> nt
tho expense of maturity. Henson fully two
or throe weeks late. Reports generally op
timistic. Large, strong w*eed with good
fruit nnd well cultivated.
Of Texas: Excessive moisture Is responsi
ble for practically nil complaints, which
nre nlraost universal, cnrytng from utter
ruin to slight or only prospective. Damage
since the ndddle of August; the weather
hns been favorable to the rapid develop
ment of the boll weevil nnd worms, and
hnrdly without exception their presence
hns Inspire*! reports of great damage.
The mnp is ugnlu very good. Clear nnd
dry In Texan nnd the butnnee of the west
ern belt. Fairly heavy ralna have fallen
In Georgia, Alabama, Tennessee nnd the
Cnrollnns, where they nre not necessarily
harmful. The continued clear weather In
Texas Is reassuring, and should silenco for
a while reports of weevil damage.
The eastern forecast Indicates fair wenth*
er for Alabama nnd east Florida tonight
nud tomorrow; balance showers nnd unset
tled weather.
The western forecast Indicates fair to
night and partly clondy tomorrow for Ter
ritories anil Texas; balance generally fair
tonight and Friday.
STOCKS WERE HIGHER
THROUGH FIRST HOUR
TIPS FLASHED
From Wall Street.
Private Wire to Glbert & t iny.
New York, Aug. 39.—Uptown sen tint
The diameter of .rasterduy'a market
more convincing to those Interesta who hnve
been skeptical regarding the present mov
meat than thnt of liny previous day.
was believed before the opening yesterday
that by rensou of the steady movement of
money to the luterior the expectations of
an unfavorable bank statement nml the sit
uation In Philadelphia, the market would
lie irregular and probably sell off several
points further. The deinuustratlou that wna
made soon after the opening convinced
practically nil operators of the strength of
those who have the market in hand. There
Is of course more or less apprehension re-
K iirdlng the money market, hut operators
ave come to liclleve thnt the strength of
the Interests who nre managing this cam
paign Is so great thnt the momentary condi
tions will not have n more potent effect
upon the stork market than to cause reac
tions, of a few tmluts from time to tlm»v
> amount of gold will
few |m»|
Is still n r ,
due time a considers I
l>e Imported.
Looks like hull market, but would buy
them only on weak spots.
Me expect an active market today, with
rising* tendencies, especially In rails.
Steel preferred should be a purchase. It
seems to be about the cheapest stock on the
Itii
The New York Plunueln| r Bureau says:
laitest developments show two things con
clusively, thnt the bull banking element Is
in absolute control of the stock mnrkrt and
that It hns not succeeded In distributing
"Ii.v amount of stocks. It will not suffer
serious nermuiieut decline until the lutter
ml shall in* accomplished. As It hns prac
tically nil the stocks we ato simply forced
the conclusion that It Is playing a game
of bluff or else really has engaged large
amounts of gold hrnond nud lias defiulte as
surances of treasury relief. We see no rea
son for changing our neutral position, how
ever, and with the exception of speelaltlea
e would atrletly observe trading rulea of
'll Ing on ralllea nml buying on declines.
But we look for specialty Improvement, as
stated for the Inst two days. It seems
determination Is stronger than ever to keep
public Interest. This ran mean only one
thing eventually, and that Is that the level
will nt leant be maintained to lie raised
later when the situation Is propitious for
distribution. The news this morning Is not
of great mportnnee, but the Fhltadelphln
trouble sem* to iis to have subsided to n
great extent and Is nt least belittled br
the rise In the riillndclphln stocks, so
called. 1 he market ns n whole is now ap
proaching the high levels or limits again,
nnd professionals will, on Its reaching them,
n turn with smnll stops.
tl t ,, live stock market.
By Private I.cased Hire.
( hlengo. Aug. 30.—Hogs: Estimated re-
t clpts today. 18,000. Market 6c lower; qual
ity fair; left over, 13.19G: bulk. 85.704(6.20;
estimated for tomorrow. 15.000; light. $5.85©
it oe. ...i—• •***—... ^ 15.2506.20;
$6.4fift6.45; good to'eSolee” henry, ’$6*.25©B.35'.
Cattle—Estimated receipts, 10,000. Market
steady; quality fair; heeven. tl.So'iid.Ki;
eowa. $1.35©4.30; heifers, 92.2565.50; calves.
<5.50©i.SO; good prime steers. <5.40©6.85;
feedera* $290©4 2!> * 3 - 90 ® 6>3 ° : and
Shee|»— Estimated receipts. 18,000. Market
steady; quality fair; nntlve, I3.1M95.80:
western. I3.25&6.60; yearlings. $5.flOtf»6.25;
lambs, $4.60©7.7r»; western, <4.50©7.75.
Impressive Buying in Many
Issues Partly Offset What
Was Considered Very
Good Selling.
By Private Leased Wire.
New York, Aug. 30,—Both In 'the early
London dealings and at the opening here
yesterday’s violent speculative demonstra
tion was followed with n further upturn of
prices. Gains of %©1 point were made
In London, nnd even the later advam-. *
were recorded within the first few minutes
of the trading here. It seemed, however,
to nil ordinary observation thnt an effort has
been made to open prleea ns high ns possi
ble for the pur/toMo of 'affording n wider
margin for profit taking. At nil events the
high levels of the day were made In the
first quarter hour, when Great Northern
preferred sold up 6 points. Union Pacific
1%. Baltimore nud Ohio 2, Bending %. ami
Pennsylvania 2 points.
Heavy profit taking set In nnd thou from
then on for the rest of the morning the
market slowly fell away. The principal
cheek on *|>eciilnttve operations was the
ndvauce In call money to. 7 per cent. While
this had been more or less
view of the pas ' '
month. It direct*
‘ r to the bank p< ... .
Iiown nt the close of the
To the subtreasury alone the banka hi
lost over <4,000.000, or nearly ns much
remained Inat Saturday for the entire i
plus reserve.
lu the stock market opening prices sin
ed general ndrnnees. Norfolk and West
r * , - r
per cent. Hem Hug up %.„N°rpic
THE COFFEE MARKET.
8.67%
7.95
29%
31
33%
7.96
8.80 8.67% 8.80 8.70
m ftfet
NORTHWEST CAR&
In.t ,Mk .nil Iflat jwr:
To r
PRIMARY MOVEMENT.
.... nud corn:
Wheat—Receipts t(slny 456,000 bushels
against 873.000 bushels last year. Shipments
today .147,000 bushels against 912,000 bushels
Inst year.
Coni—Receipts today 391,000 bushels
..gainst 874.000 bushels Inst year. Shipments
today 289,00) bushels against 874,000 Imshels
last year.
New York. Aug. 30.—The coffee market
opened barely steady nt a decline of 5 to
b» points In response to renewed liquida
tion and lower Ruropean cables. Trading
waa nun!erntel “— *•—*— **— *
and prleea hel
on account of the corering . ._ ....
some support from trade interests, which
nlworlM'd the offerings quite promptly and
prevented a further break In prices. There
was uothluK fresh lu the news.—Glbert St
Clay.
Following Is the opening range nnd close
of the New York coffee mnrket
dny:
for to-
Ononlng
Range, i
April ... ... ...
May ...
June
July
August .
September ... .
Octolier
N°vemls*r
Decemlier
Closed steady.
-jinge. Close.
, 6.50 8.65-8.80
. 6.55 6.60 6.68
,.. 6.65 0.70-6.75
.. 8.65-8.75 6.75-6.80
,..6.75 8.80-6.85
.. 6.80-8.90 6.85-6.90
.. 6.85-6.90 6.90-6.95
.. 6.20 6.20-6.25
.. 6.25-6.36 6.30-6.35
. 6.31 8.30-6.35
.. 6.95-6.45 ASM.45
..6,«o 6.45-6.50
SOUTHERN EXCHANGE
Oldeit K.Ubll.hcfi Office South.
COTTOU—STOCKS—B080S—GRAIN
Ground Floor Gould Building. Dally
market letter nnd market manual
mailed on application.
THE MADDOX=RUCKER
BANKING COMPANY,
with capital, surplus 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 our
Savings Department—with
drawal any day without
notice.
Pn-
ii ml Colorado Fuel %,
3,000 slinres nt nil ndvnnee of 1%. Southern
rnclfie was up %. Great Northern pro-
ferred opened nt u gain of 4% points, ad
vanced a point further, then lost f jm»Ihtn
The market ruled, active nml generally
higher through the first hour, with Im
pressive buying In mhny Issues, offset pari
ty by whnt wn* considered very g4w»<l sell
ing at the same time. The Illlf nml llitr-
ihunn stocks nnd Chesapeake nml Uhio
were the most active In to* finding.
London was again a fairly large buyer
aildtrnge purchases In the first hour, being
estimated nt 40,000 shares. The extreme
eh uiges were generally made nt or Just
nfter the opening. In the ln«t few min
utes the good huylug and selling was al
most equally balanced, but the supply of
stocks gave traders confidence In opera
tions on the bear side, nnd they were
free sellers all around the room, causing
another reaction at the end of the first
hour.
Government bonds were unchanged. Oth-
LONDON STOCK MARKET.
Anaconda
Atchison V.
Canadian Pacific ... ...
Chi., Mil. Sc St. I*nu!
Erie ..
IlllmdH Central
Louisville A Nashville .
New York Ccutral ... ,
rennsylvnnln ..
Reading .
Southern I'aclDc
Union Pacific
United States Steel ..
do preferred
t pm
[280
280 [275
178% 1178%
176% 1178
. 46% 46%
174%I17:>% ! 174%
149% 1601«|148
114% 143% 141
142% [142% 140
140% 191% Mgs
91%) 91% 90%
iw%!i«% i9i%
4T-. 47U 44
l0S'.i|!f*H|107!4
COTTON SEED OIL MARKET.
there Is considerable confidence In the
deliveries on account of thd small stock
the trade docH v uot appear to be willing
buy a great deal. Influenced by the discount
some evidence of manipulation In the
by drllrerlra, the trade nppenra to be lim
ited by the demand nnd supply of actual
oil. Prices at the close were unchanged to
%c lower. Snles for the day amounted to
3.000 parrels; August 10.) at 36e, September
1.210 nt 86%e, 606 at I6e; October l.ono at
November, ....... 29%|
DeeentlHW 29%)
January 29%<
(’losing.
-•Vii.™
32%6932-Y
PRICE CURRENT CROP REPORT.
vlnte
fine promise, targe acreage winter
ludlented. flood pasturage saving her sod
onts. Packing 420,000 against 3tO.OX} last
year.
LIVERPOOL GRAIN MARKET.
Wheat opened % lower; 1:33 p. m.
lower; closed % lower.
Corn opened unchanged; 1:30 p. m.
Igher; closed nnehanged to % higher.
LJ. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, GRAIN
Correspondent's Capital $250,000
REFCRCNCe, THE NEAL BANK
PHONE 1417. PRUDENTIAL BLOC
coTTON^GRAnv, ^rovisiSnsStocks^bonds,
, Stitts Btlldltg, A Haifa.
HtU BEK 5:
Chicago Board at Trado.
Chicago Stock Eichangt.
Hew York Collet ficftjspv.
COUNTY DEMOCRATS
NAME KRY CHAIRMAN
Special to The Georgian.
Columbus, Ga., Au*. 30.—J. B. Kry
was elected chairman of the Demo
cratic executive committee of the
county over L. T. Bowden by a big
majority at a mass meeting today.
TRY A WANT AD
IN THT3 GEORGIAN
HUBBARD BROS X CO., Sis
Atlanf.i 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 Distanced. A.S. Hustnc#-. Mgr.
Safe Deposit Boxes
For rent in our vaults in the basement of the
Empire (Buying 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.
3J % Compound Interest
l« the rate your money wilt draw If deposited in the 8AVINGS
DEPARTMENT of
CENTRAL BANK AND TRUST CORPORATION
CAPITAL $500,000.00. CANDLER BLDG.
STRONG, SAFE, CONSERVATIVE
You are Invited to call and inepect our quarter* and Inveatigata
our facilities to aerve you. A hearty welcome awalta you at this
bank.
A8A G. CANDLER, President.
W. H. PATTERSON, VIce Pres. A. P. COLES. Caihler.
JOHN 8. OWENS, Vlce-Pree. WM. D. OWENS. Aeet. Caihler.
ATLANTA NATIONAL BANK
ATLANTA, GA.
C. E. CURRIER, Pre.ldent. A. E. THORNTON, Vlc^Preeident.
H. T. INMAN, Vlce Preeident. QEO. R. DONOVAN, Caihler.
JAMES S. FLOYD, Aee’t Cashier.
Capital $500,000.04
Surplus and Undivided Profits $500,600.00
We Solicit Your Patronage.
D
