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i 1 • " 1 J THE ATLANTA GEORGIAN. TUESDAY, SEPTEMBER 4, 190*. II TEXAS NEWS AND GOSSIP OI the Fleecy Staple. Private Wire to GIbert & Clay. New Voik, Sept. 4.—Liverpool opened «! lower from Friday'. c lo«e. which nbout as expected. 80Ven lI reports of too much "ft.!; Texas, and also that the boll wee- ritory* croMetl lte<1 rlTW int0 Indian Ter- „ Thu Journal of Commerce says: *« a SfHf® operations of buyers during August disclosed a scarcity in the supply of gray goods of print cloth yaru construction, “i ,ea <^ed goods, • tickings, sev- lines of colored goods, hosiery, some jfjjy -P f . napped goods, and In the gen- enu division of fine goods for spring use. The consensus of opinion appears to Lpot sales increase f%8feawM^ ta »ja?, has been greater than buyers and many se lera suspected, and Its force has been felt because the demand for goods ha come with a rush In the past five weeks. Liverpool cobles: “Strength Is due ‘ th ?n u, J. , vorn J ,le advices from Texas." All rrice brokers sre good buyers, pre sumably on the unfavorable Texas “ ports. rlew of the nnfsvomhln Texas __ xjs little [cables From English Mar ket Were Better Than Had Been Expected, [Liverpool Closed Firm and Sharply Higher—N. Y. 12 to 14 Points Up, * x u * I»» view of the unfavorable Texas ports and large local apeculotlre short »■ ■■■— letest, think the market will do a 11 1*1 'CSteb undertone of the | V>«- '" “'tet at the outlet wee vei7 ■ "**->8 were 2 points lower to ly. t ™‘.r«ml after' the call the liet ut, -pyj niiylnif for eouth- cp 10 P"lnte on jmou^ Texan Influenced ntweele- Toe u» There wee in I .... ncrpool market wee better than due I The Livenxwt ^ coming, spot bo- I In l*>tb,lt P snontsuP *t 5.36d for middling, linn ,L|n ( nnlnerMW amountingTo ■rtf F, turee opened 4 to 6 point. they were aue to come 1 point. dw» ; . hn t center etnte the advance ftf*“tJ Sfnvornble crop ndvlee. from |T«w*- anoninif in New York prices were I. ili.'u lowrr tf, 3*pofnt. hl«he?. being la- It point, "wor f the rtlnl 1,1 Texaa. Bfltiencwt l>y r i"' , w"ere from 13 to 14 point, lujjfrtin vrWey'e cloee, with the tone. RVsrssrWBtfK &STrJSS tit" “n.lTllJbr.howm ErtESrihe™ portion, of the eastern bolt. IK,, rmlorn belt neede rain. Lonw "? "h"’ principal"market*, •• "com- E® 1 ’ w^-soo a ■Sfr-tT . . . MOO to 7.500 5,064 »» wne-etemly. Vto 14 ffut. hllhor |than last Friday's final. spo'Tcotion market. I Liverpool, spot quiet, with prices steady; ■middling uplands 5.36d; sales 7.00J; Atneri- IrtSi 1W: speculation and export 600; re- ■ceipte 3.000; American 2,600. " Aflflntrt, quiet ut 9%c. N,‘w York, quiet at 9.90c; delivered on Irwiitract 700. . » • h>«r Orleans, steady at 9 3-16c. Augusta, steady at 9S-16C. guvnnnah. steady itt 9Vic. St. 1.4>uis, quiet at 9c. Macon, quiet at 9c. Norfolk, steady at 9%c. TODAY’S PORT RECEIPT8. The following table showa receipts at the rti today, compared with the same day it year: teTe»t v better. New Orleans* Sept,. 4.—We hear of heavy rains In north Texas, extending to the eentrnl part of the state, which will prob- -bly do some harm. Liverpool has regained about all that was lost on previous sessions since our close on Friday. Private Wire to Ware A Leland. New York, Sept. 4.—Liverpool futures opened steady 2 up on'near and unebanget on late. At 12:15 p. m., 466 down and steady. Sales 7,000, spots 6 up at 6.t6d. opening. New ( •tegdy. f s7n rlea ns, 8ept 4.—Market laying seems shout reen the vlded between the two accounts. sensitive to reports of crop dnmag believe th ‘ ’ tony operators believe that the seen this month. WEATHER IN COTTON BELT. NEW YORK. re rn The following le the range In rh hires In New York today: cotton fe be ns ht ill sl Sill !i « o'? 1 -;;: Nov Dec Jan Mnreh. . . . t: May. . . . 8.641 8.7$ 8tbl\ 9.00 8.90 9.06 9.00 9.21 9.10 9.29 9.15 9.15 9.24 9.40 9.31 9.4$ .641 EH I 8.72 8.97 8.9647 9.06 9.06-07 9.16 9.16-17 9.25 9.25-26 9.461 9.46-47 fi.664J 18243 8.92-91 9.01-02 9.10 9.14-16 9.32-23 .9.30-31 TjVler, ’clear and pleasant, light rain last &lHsiMlppl—Hattiesburg and Meridian, clear and hot. Alabama—Birmingham, clear and warm; Mobile, clear and warm, some rnln yester day; Montgomery and Opelika, clear and hot; Troy, dear and warm. Georgia—Columbus, clear and hot. North Carolina—Greensboro and Raleigh, cloudy and cool, raloed yesterday after- WEATHER IpfwHEAT BELT. Extreme Northwest—Generally fair, 28 to 66 above. Northwest—Clear, 46 to 68 above. West and Southwest—Generally cloudy, 48 to 68 above; local rains In Kansas, Missouri and Illinois. Ohio Valley—Generally clear, 68* to 72 de gree* above; local rains. WEATHERT0RECA8T. ■New Orleans. . ■(rAlrctton. . . I Mobile ■Sarannah. . . , ■rbarlcston. . . ■Wilmington. . 9701 459 21» 10 761 16140 1967 Georgia, East Florida and West Florida— Occasional thunder storms Tuesday and Wednesday. Mlsslsalppl and Alabama—Thunder storms " ■* ' Wednesday; cooler Tuesday. *r* n «— Fair In aouth, showers In the north portion Tuesday and Wednesday. Weat Texas and Arkansas—Showers Toes- ers In extrema south; warmtr north; tomor- INTERIOR MOVEMENT. _ The following table shows receipts at ths ■Interior towns today, compared with the ■same day last year: Missouri—Fair tonight, except showera In Memphis. . Ht. Utila. riiirliinittl. 12895 / 185 WARE & LELAND’S DAILY DAILY^MARKET LETTER N>w Orleans. Sept. 4.—The market for cotton find a very good undertone today, which was due chiefly to reports of crop de Tertoratlon from Texas. Ifenry rains over «.n the weather map added to the Jue« that the crop was not doing well In • tttt '‘ ftr >d onuse<l considerable fresh i*unnc On the opening an accumulation JfJSJJ 0 * ."filers bad to t»e filled, which steadied prices and stimulated Liverpool to ,A «u advance that wa« none too great th« in. n f PfPflous to the opening of the IfH-al mnrket. Toward noon the market krnit stcndlneaa and prices went • advance of nl»out 15 i»olnts, when up for X hnn .,, f" ni,nl figures strengthened the II * position coualderably, for they show- fyn-mu. 1 ,nri t er consumption than was K 'i- 5 The weekly crop re- BEJW *!>«btly better than expected, ,hov *P°»e of too cold nights In !u ,.*; *• unseasonably wnrm day* In Ueor- s5»iS.. # «,! l * r ? ou ." ‘Irought In north and w'- IlMter marte tlw .2 ImlM, ogxlnit 13.566.COO lilt "".V'mj'H'l'i wni put at U.156,000. »JL C *'™ * , t y«r. ->r an -xcvaa of SjS '"'r* 51111 taklnn were put at It- Ik. a,!? ""' *»«•»■» if455,(W0 laat jrear. J. ,?“ r " <>n vonaumptlon* earrleil out '“U He urnngfHl claim, of the bulla. s *Pt' 4.-Dovelopmenta over of font Importance BaffiirJ. M’f °f the I’eimajrlranla of rm. Im. ,; uJ " hl ° -Norfolk and \Ve,t- Kti(» «r h ft. "vvond named atock waa the ”th™ "L ,h ,r„ »“<*.«» »»» "port- tkli nil ,..,1 n l favorable developmenta In wn,?T" ,,n he. exp«fed. The Wahrr A-W..Irrecular after openliur Sr',* 1 ,' 1 ' »t. I’nnl the feature on the 6*if iS' k "f tke Ilnrrlman-St. I’nul u7, ""“"nnreroent, aa proflt-taklni wni -«r m kooeval, and the dMlInga In, i, 0o f m| xe<l. The public la trad- ; ; "at of (he market, while the 'I11I . V’". o* ‘ho «oor «vo In «ro'nd i n 11 " hort ,or » >« rn - We rec- •Won. 01, »• order i L| VE stock market. 'if"'.'' 1 Wire.”” in r* I'in t ,55.40«6a ; ^e.25. good to choice heavy ATLANTA MARKETS. FRUITS AND PRODUCE. Officially corrected by Atlanta Fruit and Produce Exchange. Lemons. 17.75^8.00. Limes, 60675c. Pineapples, J1.5062L50. Bananas, straights, ncr bunch, 81.5001.75. C ro‘b^ r ni u, ANr> ,1 cou 1 NT'nY rnopucE- Llve hena, 3585714c; frlea, 846835ci troll °T.v« I-eklu, 56c; puddle, 3503744c. Ilreaaed hena, per pound, 13813c. Muxs, per doien, 35c. Butter, table, per pound, 30@844c; cook. Inc. per pound, 12H015C. Iloner, new, 8810c pound; In one-pound racka, 16812c. VEOKTABLE8—Irlah potatoea. Na atock, 86344 barrel; per hnahet, 31.00. Ontona, 3c per pound: enbhaae, 144c pound. New aweet potatoea, 60c buahel. FLOUR, GRAInTpROVISIONS. rMUIt-Poatel'a patent, 56.75; Diamond patent, 56.10; Maacoutah Star, 34.60: fane, patent, 14.60; Re<I Eaale, 54.16; Blue Ulbbon. 8.x<; fane/, 13.50; aprln* wheat patent, 16.00 CoiiN—Choice red cob. 76e; No. 2 white, 71c; No. 3 vellow, 74c; mixed. 71c. OATS—Choice white clipped, 63 white, 60c; choice mixed, 48c; T< ’l&&riljn watcr-kround, per huahel. 75c; bolted. 140-pound .atea, per bnahel. 6Sc; Short., while, 11.60; medium, 11.40; bfown, —ire bran, tUO; mixed bran, 1106. •Tlmoth/. cholc !ar/e Imlea, 51.10: do., choice email bate* 11.06: do., No. 1 Tmoth/ Imlea, 0.00; No. i, jl.00; do., No. 1 -loevr mixed, tlToO; do., No. 3 cwver mixed, 0c. cr.04'BR—Choice 50e. . The above prlcewmre f. o. b. Atlanta, and aubject to * m, Q , pQgg"p^8* I,c ®' SHOAR-Standard cranulat'ed, 55.20. New York refined, 444c: plantatlone, 6c. Market T< C?)KKK?£-Roeeted Arbnckle - a 11660, bulk. 111 basa n harrela, 15c; (reen, 100 12c. Market alrong. RICE—Carolina 4448744c. accordlnC »o prade. Market ver/ atron*. CHEESE— Fane/ full cream dalrj. 1414c; twlna 14c: brick 14c. Market atronk. PROVIStONB-Rnpreme hama, 16e. Dot; homa, 1644c. California hama. 1044c; 1<«I ■ extra nha, tt.Tf; haeka, 5c; platJA Croaa hame. 16c. Dry aalt extra nba, 55.75 helllca. 20-8 Iha., D0.50; fat haeka. Sc; plate;. Ic; Supreme lard. 55.75;* Red Croaa, 10c. Snow Drift compound, 7%c; Red Croaa, 744c. **Ca^l»^-Rpcelpt* 10,000. Market. Ilxht atead/; other weak: nuallt/ fair; l^cvea M.6586.80; cowa Jl.5084.36; helfera 12.80 6.8: calrea 8.6086.80; good 8.30fi6.»; poor lo medium 53. era and feeder* $3.3684.20. Sheep—Eatlmated reeejpta ‘ atronk: nuallt/ fair; natlre * ern &.S(86.*; /earllr 54.6086.8; weatern GIBERT & CLAY * ALABAMA BT. STOCKS, BONDS, COTTON. CRAIN, COFFEC. PROVISIONS ATLANTA. OA. JGalveston Cotton Exchsugs "Id?; n. FAGAN. Manager* ALONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone, Main 858. ATLANTA, GEORGIA. Edited by- Joseph B. Lively MARKETS Mr. Lively's twenty-five years* experience of ed iting markets In Atlanta and the South has made him a recognized nu thorlty In bis specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAME OF STOCK. Amalgamated Copper.... Atlantic Coast Line American Sugar Ref Anaconda American Locomotive... . do. preferred American Smelting lief do, preferred Atchison do. preferred American Cotton Oil Am. Car Foundry Baltimore & Ohio Brooklyn Rapid Transit Canadian Pacific Chicago & Northwest*n Chesapeake & Ohio... Colorado Fuel A Iron. Central Leather do, preferred Chicago & Great W’n.. .... Chic., Mil. and St. P.. Mela Ira re & Hudson.. Distiller's Securities.... Erie do, preferred General Electric Illinois Central American Ice Securities..... Louisville A Nashville Mexican Central / Mlesonrl Pacific NAME OF STOCK. N. Y., Ont. A Western National Lead...., Northern Pacific New York Central Norfolk A Western Pennsylvania People's Gas..,. Pressed Steel Car do. preferred Pacific Mall Rending Republic Steel Rock Island , do. preferred United States Rubber do. preferred Southern Pacific Southern Itnilwny do. preferred Slosa-Shefrield Tenn. Coal A Iron Texas A Pacific Union Pacific United States Steel do. preferred Vs.-Car. Chemical...* do. preferred Western Union Wabash do. preferred.. LIVERPOOL. Following table gives opening range and dose, compared with yesterday’s closing: Futures opened steady. Opening Previous Range. Close. Close. .4.96 d.01 .4.86 -4.91 September. . Sept.-Oct. . Oct.-Nov. . Nor.-Dec. . Dec.-Jan. . Jan.-Feb. . Feb.-March. Marrh-Aprll. I.9M . ...4.86 -4.89 ....4.87 *4.91% , ...4.89 -4.92% . ...4.90*4-4.96 . . .4.92 -4.97 Tj6 .... 4.96% 4.M 4.94% 4.83 S* W 4 4.5. 4.3644 6.00 4.3844 6.03 4.9644 5.0344 4.92 NEW ORLEANS.. ...lowing 1. the rang, turr, In New Orleana today Sept . . . .1 9.15| 9.161 9.15| 9.161 9.16-18| 9.044)7 Oct I 9.03| 9.161 9.02| 9.14| 9.13-141 9.00-01 Nor. 9.10| 9.101 9.101 9.10| 9.14-161 9.00-02 Doe. . . . ,| ».07| 9.17| 9.03| 9.I6| 9.14-151 9.01-02 /an 9141 9.26 9.06 9.221 9.23-231 9.03-06 Keb 9.26-23 9.12- Mnreh. ■ ■ -I 9.241 9.35 ! 9.201 9.341 9.32-3l| 9.19- Clo.ed quiet aud atead/. NOTES ON GRAIN Pointers on Provisions. Private Wire tn Ware A Leland. Chicago, Sept 4.-*Thero la not much snap to the wheat this morning, It la higher; still the trade Is small. Think conditions are very favorable for an up-turn In wheat. World's shipments, Chicago board’s fig ures: Wheat, 9,240.000, against 9,894,000 the preview* week and 9,684,000 last year; corn, 3,490,000, against 3,672,000 last week.aud 4,< 256.000 laat year. Unless It gets outside help, the market will break easily. It Is 74c asked now, and the crowd apparently have all they want. Oats opened firm on general commission house buying. Ktdston fair buyer of De cember. There was buying of January ribs by commission houses, thought to be foreign account. Nearby futures dull and quiet, with light demand and light offerings. Chicago Record-Herald: Deliveries on Sep tember contract! were 2,450,000 wheat, 5,000 corn, 1,100,00 oats, 90,000 rye, 2,750 pork, 4,750 lard and 2J>00.000 riba. Whea IT raster, .... ... —, Booth end Reqns, end taken In by Parker, Wrenn, Rosenbaum Bros^. Sbetrson Ham- mil! A Co., and Bartlett-Frasler. The oats were mainly taken in by Wells for the American Cereal Company. chiMfii intf»r.nr«»fin! how that 8cptem- eptem- > trade fldcnce In the stal — ..j til the size of the spring wheat movement hns been measured. Tne trade continue* to look for a large movement of corn and ■ expecting n heavy run of oats In ths Northwest. Hedging sales the past few i have been greatly reduced.. ie lake rates are lower, with charters for 250,000 wheat at l%01%c and 200,000 corn at l%c to Buffalo. Cash business In wheat In Chic day was 280,000 bushels, Including * hard and 126.000 No. 2 red. l Rales of corn were 171,000 bushel* and oats 145,000 bushels. The seaboard sold 96,000 bushels wheat, 16,000 corn tad 76,000 bushels oats. .stocks of provisions In Chicago, as given out after th* cloee Saturday, show an In crease In contract pork of 626 barrels, a decrease of 1,163 tierces of contract lard and 2.000 tierces other lard. Short ribs de creased 2,000,000 pounds snd stocks of all meata decreased 7,306,000 nonnds and are 94,411,000 pounds compared with 93,119,000 pounds last year. Minneapolis had 40 cars new wheat Sat urday, half Iwiug drum. Winnipeg received 22 care, mostly No. 1 Northern, it !■ eaay to get any kind of thrashing returns you want In the Northwest, aa the crop la so Varied, depending upon different locations, rlelds of I to 10 huihela 1*1 ng found In a 'cw spots and of 16 to 22 bushels In others. NORTHWEST CARS ' The following figures give the northwest ears today, last week snd lose year: Last Last Todar. Week. Year Minneapolis 21 28 21 Duluth 239 26 836 DEMAND FOR CASH - REPORTER BETTER * Cables Were Higher and World’s Shipments of Wheat Smaller Than Anticipated. Corn... Oat... By Prlrate Lmaad Wire. Chicago, Sept. 4.—Another plum waa knocked down and devoured by the wheat beara In board of trade. The continued "hedging" aalea by caah houses and the backing away from the new crop by foreigners were the Strong Influences. Closing prices ahowed wheat 5-8@3-4 cent lower; corn unchanged to l-2c off. Oata l-801-2c lower and provisions 10@25c lower. Caah sales here were 5,000 buihels wheat, 35,000 buahola corn and'75,000 bushels oat*.' At the seaboard two loads wheat and 50.000 buahela oata were taken, but no corn was reported. The vlolble supply showed decreases of 1,175,000 buahela wheat and 249,000 bushels corn, while oat* Increased L> 172.000 bushels. Primary receipts of wheat 1,081,000 bushels and corn 919,000 bushels, com pared with 2,095,00(T and 017,000 bush els, respectively, the yesr ago. Clearances were 1,828,000 bushels wheat, 78,000 bushels corn and no oata. CHICAGO GRAIN MARKET. fo^today 11,1,1 Provision quotations WHEAT—" 1, ,,l * b • Sept..... Dee ‘oiik- 31 S.pt Jau.„. 12.40 LARD- Sept.. 8.70 SSb ?:8* HIDES— Rept... r 8.80 8.80 8.60 8.66 8.80 OcL.. ..on* |.g44 ?;g 44 j.7244 £ III1 $ £5' GOV’T WEEKLY WEATHER REPORT Alabama—Generally fair weather vailed. The rains were scattered and light, except In the northeastern part of the state, where they were locally henry. The temperatures were uniform and abore the normal. Arkansas—The forepart of the week was unseasonably cool, but the latter part was warmer, the mean temperatures being be low the normal. Thu cool nights were unfavorable. Tnere was no rain, except In Ilot Spring and several northwestern counties. The dry, sunshiny weather was generally favorable, except lu the extreme southern portion. North Carolina—Weather warm rainy during tho forepart of week, clear and somewhat cooler during the lat ter part of the week. Rainfall was much above the normal, and caused n great amount of damage. The mean temperature was nbout 3 degrees above the normal. Oklahoma mid Indian Territory—The mean temperature wae 2 to 4 degree* lie- low the normal. The precipitation was aliore tho normal In the central portion, and geenrally deficient In the eastern and western divisions. “ itb ~ • - ... 'L „ the normal. The mean temperature wae above the normal, but there wae no ex cessive heat. Thera was ample sunshine the last few dajra. . Florida—Showera occurred in all esc- ons, but were locally heavy In weatern id central and extreme northern coun ties. High midday temperature and cool nlghte were the rule. A warm wart nre ailed from Thursday to Saturday. Thi 'father was generally favorable. Georgia—The days wore t unseasonably wnrm and the nights cool, the mehn tem perature l»elog considerably al>ove the nor mal. Weather was cloudy, with dally showers In most sections, the showers being heavy In scattered localities on sev eral dates. The total amounts were con slderahty above the normal. Louisiana—The week waa dry, excel that scattered showers oerurred In tL last two days. The rainfall was general d Waa deficient In. all sections rature waa, above tho norma Jan.... 7.27% 7.27* CASH WHEAT— No. 2 red _ hard 71%. PRIMARY MOVEMENT. 281 THE COFFEE MARKET. New York, Sent. 4.—The coffee market opened at a decline of 5 to 15 points In re* iponsn to lower cablet end the continued ibsenre of news regarding th* progress of valorization. Receipts continued large, and while the fact that Karl KriecUn attempted no estimate of the Brazilian receipts for Keptemlter wae probably due to uncertainty over the effect of valorization developments, there were many who believed that It re fleeted the probability of nn abnonn-illy heavy movement —GIbert A Clay. Following la the opening range and cloee of the New York coffee market for 1 day: Opening flange. Close. January .. ..6.36-6.40 6.30-6.K February 6.40-6,60 6.38-6.40 March. jjjW.66 6.40-6.46 ."6.664470 June .... .. ..6.70-6.60 Jnl/ J-75AJ0 Aiwilit. I'Si'S Kepteinlier •» .-*004.06 The following figure* give the primary movement of wheat nnd corn today: Wheat—Receipt* 1.081,000 buahela, against 2,096,000 bushels last year: shipments 437,- 000 bushels, against 700,000 bushels last year. Corn—Receipts 919,000 bushels, against t year: shipment* U6.000 10,000 bushels laat year. October -••lfr , 6'30 Closed eteedy.* 6.604.66 4.664.90 4.604.66 6.654.70 4.754.90 6.164.20 8,204.9 THE COTTON SEED OIL MARKET. THE SUGAR MARKET. Private Leased Wire. _>W York, Sept. 4.—The domestic refined sugar mnrket was unchanged on the basis LIVERPOOL GRAIN MARKET. ; 130 | higher, m.. % to Wheat opened % higher; 1J0 p. m., 1 (b % higher; closed % to 1% higher. Corn opened unrnanged; 1:30 p. in., % 1 % higher; closed unchanged to % higher. SCHOOL BOOKS AND ALL SUPPLIES AT JOHN M. MILLER CO.’S, 39 MARIETTA ST. SOUTHERN EXCHANGE Oldast Established OfTIce South. COTTON—STOCKS BONOS GRAIN Ground Floor Qould Building. Dally market letter and market manual mailed on application. L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Correspondent’s Capital $250,000 REFCHCNCE, THE NEAL BANK PHONE 1417. PRUDENTIAL BLDG TIPS FLASHED From Wall Street Private Wire to Ware & Leland. New York# Sept. 4.—London boosting. Large reports expected, and Kuhn, Loeb & Co. taking over half - Pennsylvania holdings in Baltimore and Ohio and Nor folk and Western Is very bullish on these stocks Believe we will have a good advance In Baltimore and Ohio. Dow-Jonea* summary: American stocks lu London booming %02 per cent above parity. Two million dollars gold engaged in Lon don for New York. Pennsylvania sells half Its holding of Nor folk .and Western and Baltimore and Ohio to Kuhn, Loeb & Co., surrendering con trol of those roads. Bar silver In London touches highest point in tsn years on Indian government buying. Burllngtoh report shows real surplus of about 19 per cent on common. Herman Oelrlchs is dead. National City bank and Ba merce shows largest decreases In loan In bank statement. Forty-three roads for third .week In Au- .41 per ce need .90 11,eft & (J|; New York! Sept. 4.—Everything points to a big market nnd much higher prices. Would tnke profits on bulges this morn tig and buy back ouly 0114 * * “ ilcnr that rcnsylvnnln wl jliuntely, though 1 It at the inoiueut. Think It Is a good Idea to take profits In Union Pacific. The New Y’ork Financial Bureau says: The stock market seems to be temporarily pversold. The action of the list on the un favorable bank statement Saturday Indi cates that. Further betterment is likely today, but we would bot neglect fair re turns. Speclslty Improvement will be the policy ns near as we enn learn. Otherwlso we would maintain neutrality. There are a number of Issues that can easily hi higher on account of uon-dlstrllmtlon. conservative, but refrain from selling short for tho time being. The general situation shows betterment If anything, although ' the bank statement as hat • than manipulated, and turn really the sufplus Is wiped out. The banks it gold this week, however, In volume, nnd If that Is so there will not be moch difficulty experienced, al though coll rates will likely bo high today on account of the tightness over the flrat of the month. It Is evidently the determi nation—ninny signs Indicating It—that the banking element will tr^ to j>ut • price* .. ... — __ _jey enu them generally at advanced levels, tod. But thnt ly the point. The ilgher for distribution bold them a well nnd gooil- . strain of the demand for crong will occur nt Its height soon, and we think the legiti mate demand will receive first considera tion, although the transfer of stocks abroad for carrylug purposes will help the situa tion materially in this connection. Ad vances will have to be along specialty lines, and we believe thnt If Judiciously carried out thoro will bo no great trouble. The fun damentals are strongly bullish, as we have often said, nnd wo would like very much, kind unless money permits. In the mean time wc advocate conservatism nnd a close observation of the Individual position ns heretofore referred to. In tho north portion. The sunshine was about above the normal. Mississippi—The temperature waa 2 to 3 degrees below the normal In the west and north portions and slightly above In tab southeast portion. The rainfall was de cidedly deficient, except In Pearl River county, and the drought Is becoming se rious In northsastern nnd aome eastern counties. Texas—Fair weather prevailed during ic greater part of the week, with amplu itisblne. Scattered showera occurred dur ing the latter part of the week. The rain fall wni generally light, except In por tion* of weatern and northern counties, where It was normal. Temperature was unusually low at ths beginning and high during the remainder of th* week. Tn* j®r _ Tennessee—Over most of the eastern sec tion the week wae warm and showory, thr. temperature averaging 6 degree* above ths normal. The weatern section wns general- y fair, with cool weather during the flrat 'our days, but the last two days were quite warm. ST, PAUL OPENED AT SHARPADVANCE It Was Special Feature at Resumption of Business This Morning. OTHER ISSUES HIGHER Prices at the Opening Were Animated and Buoyant London Higher. per cent. Sterling exchange By Private Leased Wire. New York, Sept. 4.—The market this morning waa again subjected to th« conflicting forces of a violent specula tion. Some fairly sensational gains were made in particular stocks', and taking the list as a whole, all advances were more numerous than declines. But the movement after the flrat few' min utes of an excited opening, was ex tremely Irregular, and in many quar tern profit taking sales, conducted un der cover of the great strength in ,the day's leaders, was fully a mit<h f, r the new buying orders. There waa every reason to believe that the Lon don market had been "rigged" for a speculative opening here. On buying orders cabled from this side and dur ing the holiday prices were held up over our high points. This led the is sue anticipated In a furious rush of buying at the start of the local trad ing. The Pennsylvania's announcement of the sale of half of Its Baltimore and Ohio and Norfolk and Western hold ings caused an exceptionally active speculation In all three stocks. But the extreme stiffness of the money rate —call loans touching 9 1-2 per cent— and the publication of the subtreasury statement showing that the banks have lost In two days only more than 35,- 000,000 took the keen edge off specula tion enthusiasm and for the rest of the morning rrull/Uig y •!<■* wen- a* much in evidence as fresh operations for the rise. Tho special feature at resumption of busi ness on the local stock cxchnngc today was an advance in 8t. Paul of 4% per cent. Tbs nernl opening was animated mid buoyant, nnd Western, also Southern Pacific brfolk 1 _ llan Pacific 1%. Amalga mated Copper and Pennsylvania 1%. Other gains at the start ranged from % to %. Following the strong tono and sharp ad vances in London, the mnrket here, after making heavy gains on first sales, continued strong during ths first hour, with Union Pacific, 8t. Paul and Baltimore nnd Ohio the leading features. Ht. Paul sold as high as 183, agnlnst 177% at the close Saturday, practically a new high record. *■ the rights nnd dividend 1 now equal to * . .. . - made a new t ■ra gains n _ Reading, Northwestern. Canadian Pacific nnd Great Northern preferred. The news of the sale of part of the Pennsylvania hold- ~ ~ t Baltimore nnd Ohio and Norfolk --- . eatern waa considered significant of the coning readjustment or th.. rHnttons of the great railway system, and a number of other changes of Important character are expected at frequent intervals from now on. London bought 8,000 shares of stock on arbitrage account during the first hour. The market nt the close or the first hour was barely steady. Government bonds unchanged. Others are steady. LONDON STOCK MARKET. STOCK— Anaconda.. 2pn, HE MADD0RUCKER 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. rule., . Erie.,.. Illlnol, Central . I^ml.vllle an,l Nalbrllle. lira,line I’enni/Tvanl* noatharn Pacific Union Pacific United Rtatca Steal., .. . d °' pr.f.rred 8T0CK8 AND BOND8. a Ceor.l., II. ft. U, 1910.. ra.n.h 5a. tcona 5*. 1910.... Atlanta, 6a, Wl.... Atlanta, «3i, 1922.. -.j», 1922.. .. 107 Atlanta 4a. 1934 .,..105 Atlanta and Writ Paint. . . .168 Atlanta and Weat Paint Dibt*..107 Central ftallwa/ ot Ueorjla lat Income do. 3d Income do. id Income S i ind'saTt'nntii". ‘.’.'!hS ■•tern 116 8 eorrli Paclflc Ut* 130 * C. and A. uta 113 Sit Killed by Falling Slat*. Special to The OeorgUn. Chattanooga, Tenn., Sept. 4.—Will Henderaon, eln.le, of Carpenter. Ala., »«■ Inatantly killed at Durham mine*. Durham, Oa., by falling elate. Hla re main. have been removed to Carpenter for burial. 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 Modem Conveniences You should not be without one. We invite you to call and inspect them. Title Guarantee and Trust Co. WARE & LELAND COTTON, gra:n, provisions, stocks, bonds, ft*. 2 Wall SI., hint twIUlH. Allwit. da Htw Orlttni Cellto ficii,,,. Urnett! Ca.'ftt Atutltlioa. hint* Wilts I. Ant 7.1, Htw Orttsst. CSIttft. StU flue 1343. ATLANTA. GA. C. E. CURRIER, Pre.lflent. A. E. THORNTON, Vlce-Pre.ldent H. T. INMAN, Vlco-Preildent. GEO. R. DONOVAN, C.ehltr JAME8 8. FLOYD, A.a’t C.ahler. Capital $500,000.00 Surplus and Undivided Profits.: $500,000.00 We Solicit Your Patronage. V