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THE ATLANTA GEORGIAN. WEDNESDAY. SEPTEMBER 5, 11 ElGLfSH CABLES SURPRISED TRADE Prices Decidedly Lower at the Opening in Liver pool Market. liquidation FACTOR The Response in New York, While Decidely Lower, Was Not Full. Br Prlral* L*««ed Wlr*. ».* York, Kept. I.—The local market at atart. while decidedly lower, hardly Mlrhcd th' wenknoas of price, at I.lrer- —I the action of the market there com- jUtfiy aurprUIng trader, here. The weak- :, M „t, r «iil wn» eaplolned In private enhlea .. hclne dec to liquidation and larger offer- from Intereata In the South. The trade Wre alao had a theory that aoaa of the Eli lour. had sold out In Liverpool over- SVlit Klrat prlcea here were 13 to 14 pnlnta K‘“r. and there wna enough covering on .Willie to prevent n full reaponao to the ul In the Kngllflh uinrketa. Bueculatora who bought cotton futurei minder with the expectation of h con. hnuance of tho advance today ware hand- 2l a eurprlae tbla morning by an unea- JJrtnl derided decline In the Liverpool Barkrt. .'eiferday'a advance.ln the American i Ml railed f | for an upwaril turn of a 1 r Wins, and avhon It waa aeon that It Ihowed a decline of na many polnta, the Irtde was at a loai to flml n reaaon for the (allure to respond to the bnlllah crop •drlree, eaperlally from Teiaa, current dur- lut the trading houra on thla aide. However, It did not follow our ad vance, and our market wna due to open at derllnea of from 144117 points. Opening nrirea were 134114 polnta down, but nftcr (be fall prices eased off a few points, after which the market turned dull with nnctua- tlona narrow. business la eipeeted to he of a profes sional character for the remainder of the week the trade preferring to wait the mildlration of the government condition muI alnnere' reporta next Monday, the rendition roport at 1 p. m. nail the gin ners' report at 2 p. m„ New York time. The Interior movement for the half week mlier 4 Is ns follow.: Its shipments 29,480, stock, Sep AMs' 1 ........ MT1I V. NEWS AND GOSSIP Of tlie Fleecy Staple. ftSTStfR i? .*&• A Journal of Commerce dispatch says .£li.5 0r nll!l nfn . t cl i?P ‘■eporta, due on Sat urday, Septemtor 7. are Itkeljr to be post- poued to the following Monday, owing to necessity for a conference between the sg- 82* iKS 1 < *2fi£ rtmeut ftnd «“■«» bureau. W A *j n 4 ns soon as confirmed. Market steady nt moment. Wire houses buying n little at the decline, while the larger room traders are dlapoaed to sell. Some of the larger local traders are dls- posed to go long and at present offerings are limited. The Journal of Commerce says: “Trsde pened steady, with a notable degree of firmness manifested in some, divisions of the cotton goods market. The inability to drive cotton to ss low a point ns sorno buyers expect *1 to see It has had the ef- feet of stiffening sellers, and they were more free in their expressions of n stronger market in consequence of the well sold conditions of many lines " New Orleans. Sept. 5.-L!verpool 4®5 down Is surprisingly poor. An advance of 107,319. against In 1004. Wnxnhatchle, temlter 4. 85.999, August 31, 80,711. comparisons last year. Estimated receipts tomorrow: No 1906. 1906. ..1.J00 to 1,800 1.641 ..7.000 to 8,000 10.866 ..8,000 to 9,000 7,265 At the dose, the tone was steady, with Sen Orleans. Galveston.. . Houston, irioes 5#7 points below the closing ot prices v Tuesday. SPOT COTTON MARKET. Liverpool, business moderate, with prices steady; aiM lling uplands 5.3Sd; sales i""‘ American 4.6W; /.peculation nnd export receipts 5.M0: American 4,300. Augusta, steady nt 9 3-lw. Msvannnh, steady at 815-16c. 8t. I/nils, quiet at 9%c. Norfolk, stead/ nt 9%c. Houston, steady at 9 3-16c. Galreoton, steady nt 9%C. Memphis, quiet nt 9%c. Baltimore, nominal at 9%C Charleston, steady- at 8%c. Mobile, quiet at 8%c. Wilmington, nominal. TODAY’S PORT RECEIPTS. The following tubie oho nr* receipt, at th. port, today, compared with th. urn, day last year: Mobile Hnvannnh. . Charleston. . Wilmington. , 1698 7288 INTERIOR MOVEMENT. The fallowing table shows receipts at the Interior towns today, compared with the same day last yean Houston. . . Augusta. . Memphis. . t*t Louis. . Cincinnati. Total. last year and 79,748 ...........v,,.c, Tex., wires as follows: Rained here yesterday evening and nil night: still raining, a slow drizzle." Market steady nt opening decline, it be ing feared that tho general rains may cause further damage reporta to come in. Ensttrn forecast indicates fair weather tonight and showers tomorrow for Ala bama. Mississippi and western Florida. Itnlnneo occasional rains tonight and Thursday. The western forecast Indicates fair weather tonight and tomorrow for western Texas, and partly cloudy, with probable showers ;n the balance. Tho map shows general rains throughout with clondv condition* prevailing. Con sidered unfavorable, although rainfall is light. Private Wire to Ware A Leiand. New York, Hept. 6.—Liverpool futures opened easy unchanged. At 12:15 p. m.. S©4 down and quiet. Bales, 5,000 -spots 2 tip nt 6.38d. Futures dne to come 405 expected on Liverpool, was pretty good by bulls who Itougbt ___ advance yesterday. Commission houses bought. There was nothing very special Caroenter picking up considerable Decem ber. Market acts ns though It might work p a little. New Orleans. Sept. 6.—Cables are sen- 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 recogulzed au thority in his specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS New York wires: "The action of Liver pool shows plainly that yesterday's spurt was manipulated by local holla, and that no sympathy or assistance may be ex pected from abroad.” Liverpool rabies: "Neither the spot de- ,mnnd nor the speculative demand strong enough to sustain prices. This morning's developments simply ahbw the namfwnoM of the speculation at present." According to exporters, the Interior Is of fering cotton freely gt very. reasonable prices. One exporter says that he has bought Liverpool good middling. Spot de livery In Savannah 2 points on October. The market la dull, but steady. The gen eral opinion seems to he that the crowd In New York, who are manipulating the market, will put prices^ up. but that or. anv material advance the market will be n sale for good profits. “ * — — *n New Orleans Is •47 !nst year. The amount of cotton on shipboard Is 2,679 bales, eaglnst 5.649 last year. Washington wires: "Cotton glnnlrtg re port will he Issued on Monday, the 10th, at 2 p. m.” NAME OF STOCK. Amalgamated ('opper.. Atlantic Coast Line. .. American Sugar Uef. .. Anaconda American Locomotive.. do, preferred. . . . Amer. Smelting ltef. , do, preferred. . . , Atchison do, preferred. . American Cotton Oil. . Amer. Car Foundry. .. Baltimore ,V Ohio. . Brooklyn Rapid Tran.. Canadian Pacific. . , . Chic. A Northwestern.. Chesapeake & Ohio. . , Colorado Fuel it iron.. Central Leather do, preferred. . . . Chic, it Great Weit'n. Chic., MU. k St. p. . . Delaware & Iludsou. ., Distiller's Securities. ., do, preferred. ..... General Electric. .... Illinois Central Amer. Ice Securities. .. • Louisville k Nashville.. • NAME OF STOCK. .....lonat Lead Northern Pacific New York Central Norfolk ic Western Pennsylvania, . *•,..... People 1 * Gas Pressed Steel Car do. preferred . Pacific Mall. .......... Republic 8teei Bock Island do. preferred. . • . , United States Rubber. do. preferred Southern Pacific Southern 'Bailway. . . . do. preferred. • • • « Tonn. Coal k Iron. • . • Texas A Pacific. . . . • « Union Pacific United States Steel. . 4 do. preferred, TIPS FLASHED From Wall Street Private Wire to Albert & Cl nr. New York, Sept. 6.—Our London apoudent rabies us ns follows: "Four hun dred thousand pounds of gold Just ti from Bank of England, and probably National City. Opinion is that thla Is only beginning.'* Bunks have lost 34,455,009 through sub- trenaury operations since Friday. Do not see anything new. It all de- ncuds on this money market. Tills begins to look like u tight money NEW YORK. Closed steady. LIVERPOOL. Following tablo dose, compared * Futures opened Jan.-Feb. . Feb.-March... March-April. , gives opening range and Ith yesterday’s closing: oulet and steady. Opening Previous Range. Close. Close. . . .6.06-6.03 6.03 5.06 . .4.96-4.80 “ ....4,95-4.91 . . .4.98-4.93 _ ..4.96-4.92 4.91 4.86 * ..4.98-4.93% 4.93 4.98 . . ... 4.96 6.00 . .6.00-4.97*4 4.97 6.02 ,.4.19 4.99 6.03*4 . ,.5.06-6.01 6.00*4 6.06 1:5? t:S8t 4.91* 4.94* NOTES ON GRAIN Pointers on Provisions. •SB yield of cotton THE PAST SEASON {•0. August 31. 1906, nceonlfng to Secretary Jb'iirv «•. Hester of the New Orleans Cot* !?Sr*« t - rh ? ,, r' foot " «P 11-345.088, against j™* 85 aHt 50ar aud 10.011,000 the year Holl.iwing Is the production by states In thousands of bale*: 1905-6. 1904-5 1903-4. 1,389,009 1,479.000 1.003,009 635,000 905,000 706,000 KO.0OO 89,000 55,000 , 1,900,000 1,076.000 1.326.000 !««««&« 625.000 1.100,000 824.000 Alnhnmn. ArknnKns Hwrliln. , “woffl*, \,i_ « I *.***• D.J.W'I J.1W| v AaF • . . 1.235,000 1,777.000 1.387.00 Carolina, - casann rrsoan fiiCLano Tsun. f. Total crop. . 734,000 775.000 663,000 »Hnn. . 1,175,000 1,200,000 826.000 6(7.000 691,000 461.000 3,026,000 3.5S4.0W 2.876,000 11.346,000 18,566,000 10.011,000 THt DRY GOODS MARKET. eSl?' J-ISv ••—The wholcule .try IJ? J J** 11 * n 10 *'*’ «>f less qnlet after Iti .!» L'! ajr ' s< *«» ft nable weather la having o(J B55 ° n starting tho retail fall trade honipi./j nnd reflection of activity at trX *" In the ncttvlty of the Johhlng Ini 11*1°i l ,,p nnml»er of buyera here. UVlX™ 1,1 m0n ' 9 war Is over and arn ilm n,n " * r ° w rll sold up. Drew glints Wixilln! th*® a year ago In both «n<l worsteds. New Orleans. 8ept. 6.—Options. In Liver pool opened easy and unchanged, but m- medlntely n decline aet In which, owing to tin- nlmenro of nny rtomnnn for .pot cotton nml the llqiilrtntlon. in n narrow market of the Ions Intercut, entmed n net Ion. on tho clo.0 of 3 point, rirer ye.tcr- ilnr. Kont .nle. were B.DOO h.te«. 2 point, hlcher. Price. In the American market., to conform with the dlwnpolntln*. eour.. of option, nhronrt. .hnweil a markedI <le- dine on the opening, n decline from which, de.plte the fairly .toady Imylns to clow short commitment., hut little Improyement occurred. The nbeenee of- nny mnrked fea* Hire tended to confine price eh.nse. with in exerallncly nnrrow limit., nnd cron the cenernlly wet Hi«P "ml pro«pect« for a .form on tlie South Atlantic eon.t erenlotl only paft.tns Intere.t. The een.n. .report will he Ig.ned on Mondny next nt 1 o;r oek. onr time, and In connection with thla It I, Intere.tlnc to note the fltntre. of com- p.rluon n. emltodled In Ite.ter . report with e.peelnl reference to the receipt of new cotton to snpteinher I. For.the jtrnwth of IM-IMR, 11*7.314 hale,: for that of 1308199! 78.431 hale, nnd for tlio hnmner crop of 1904-19«. 79.748 hale.. ,Tho*o flsure. natu- rally irlye yl.e to eon.tdernhlo .poenlntlon, nwln* to the henyy Inereaw this yonr orer nrevlou* yenr.. Tho condition report tflll likewUa I><• pnljlsljed 3j|gda?. m»»_honr earlier, and until the.e official Wntement. ora mit of tho way. It l« unlikely Hint any radical chnn*e In market price, will occur. WARE A LELAND’S DAILY VVAHE * l -gJj |LY cojTOht LETTER . New Orlenn.. Kept. ».-The ajittim market wn. dull nnd In n woltlinr nttltndo toddy. Th<* government nt Wn.hlnston announced that the report on the amount of oo*tp n etnned, nrlor to Heptemtier t would ho In- aneri nt 1 o-eloeh. onr time, on Monday nmit. nnd that the report on the eondltonofeot; ton on Anna*t 28 would he Imped nt 12 o’eloek. our time, oir the name day. Nat umllv the tendeney won to .horten .all un til thene report, were out of th« way. I.tyerpool entile, were itnfnrprnhle eupn*h to have .cut price, considerably lower than they did go. hut n rather large nrofe«*lnnnl foliowlnc .eemed to l>e worklnc to put price, hlcher whether condition, wnrranred higher price, or net. nnd thl. payed the market from hresklnc very badly around the opening, when Llyerpool Price, were about 5 point, dawn Instead of .bout 8 nolnta up. a. wn. due on the flnetnatlon. In the Ainerlenn market, yenterdny. t^ahle. .aid flint the market wn. nffeeteii ndvernely by Ml, wiling out nnd nine by the ore..- lire of actual cotton. The fejnlt of th* te- fiiMil of the American market, to nrnpond to the deprc.lon aero., the water e.tnti* Itaiied a parity l^ween | "cMior nn.l Orbi- lier-Novemlier of W point;. A while .go the nnrltr wn. a. high a. irt* p n lnt., nud f'- r " long time It wn. nronnd 36 nnd later around HI which permitted exporter, to do bud- neM nt a comfortable margin. The nren ent tendency*I. to get the market, of the world out of line with eoeh other, which « hnrdly n Imllliti argument, enpeelnlly at tht. time of the yenr. The weather In good enough, heeordlng to the old ntyle wny of thinking, fen.lder.ble rain wn. reported oyer the belt nnd n.rtleulBrly In Texnn. Aeeordlng to'the bnlln, wet wenther nnd lioll weerll nre enttlng fnto the Texss yield yery badly, but there are ether, who think differently. The neml weekly .t.tement of the morement at thirteen Interior town. GIBERT & CLAY *• *• ALABAMA I STOCKS BONOS COTTON. GRAIN. COFFEE. PROVISION'S MEMBERS! ATLANTA Mi JChlcsgo Besrd of Trade. It pAffSB - 4 ** 1 v MCMBCRSl Exchanga.|Ntiv Orleans Cotton Exobangv.lC I or ^ Cotton Exchange. N«*w Orleans Stock Exchange. L *w York Coffeo Exchange.(New Orleans Board of Traat.|(J . , ^ . 1‘rivnte Wires to all Exchanges. _ A _. M u _ a<iaiL and Lona DlsUnse Tslephono 5298# W* R- FAGAN» Managarw ALONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone, Main 858. ATLANTA, GEORGIA. Prirata Wlrs to Wnro & Leiand Chicago, Kept. 6.—Wheat showed decided weakness yesterday, and was a great dis appointment to the bulls. It may work soino lower today. Receipts of corn are growing liberal, and we believe there will be a free movement of old corn before the end of the month. Offerings of wheat not very free, and a little demand from few local shorts has started tho market np. A.rally is in order, but should be sold when we get it. Wheat shows no selling pressure so far, nnd the undertone Is good. Should we get a break today it will come mostly from short selling, and will afford a hard spot to bay on. Trade very light In wheat, but there ap pears to be some May wheat for sale. Pit traders Inclined to play for a reaction. Think Nash and Wright are selling some May corn this morning. Brokers haven’t given up names yet Rankin Is also selling. Oats opened a shade easier on selling of December nnd May by cash houses; buying mostly by commission houses on resting or ders. Market now steady and trade light. J. H. Wrenn a fnlr.lmyer of May oats. Provisions opened steady at closing prices; The market looks weak nnd as though it might sell off a little. Offerings scattering with demand light. Chicago Inter-Ocean: Investors were not so anxious for cash wheat yester day, and elevator people appeared to hare recovered from their scare of Saturdny, being less afraid of losing their wheat. This was shown by their open selling of Beptemlwr wheat on the bulge, nnd after prices had turned down the spread between September and December, helm 2*4c nt tht close. Elevator people dellv ered 250,000 bushels of wheat In the morn- lug. It going from one houan to another, and put out ngniu in the afternoon. The tgregate deliveries late In the day were 5.000 bushels sent out by Armour. Cash business in wheat In Chicago Tuen ds y was 27,000 bushels, corn 80,000 and oats 115.000. At tha seaboard, export sales of wheat were 160,000, com 34.000 and oats 60,000. The glucose intereata were In tlie snm pie market for corn yesterday, pleklng up nil tho mlied lots at l*4c on track. Ship pers took the yellow corn at 2'4©2V4o over SentemlMT, the hulk of the sales be! “ 6\c on track. These premiums are I ing country shipper* to connifcn their rather than sell it on track bids. A vote on the proposition to return to the old rate of commission of *4e and to place traders for coinmlslnon houses, on a snlirv is to be taken today. It Is ex pected thnt the vote will f»e largely against the change. Those who prnpered the measure — **■“'- expression NEW ORLEANS. tures in New i Kept Oct No v Dec Jan Feb March. . . . 9.83 19.07-09 9.06- 07 9.07- 09 9.06-09 9.16-17 its I 9 _ 2004 and Southern Pacific today. Buy St Paul. Union Pacific and Southern Pacific on w»nk spots. Sell Brooklyn Rap id Transit nnd Colorado Fuel aud Iron on bulges. The market t<*dny should be a' strong one, mid particularly so should call money be less restricted. Market entirely dependent on money market Just uow. If relief is forthcoming promptly, we expect to see stocks work higher, but we can not hare a contin uance of upward movement with 25 per cent money. The New York Financial Bureau says: "Conservative neutrality la the best ad- vice we can ulve thin morning. There should be specialty movements, of which alert traders will get n slice. Money governs. On severe money breaks, we see uo reason, therefore, why good stocks should not be bought for n turn. Every thing else favors it. But they enn not put un the market, hold it nud distribute with nigh money. Developments over night nre not of n kind calculated to In spire confidence In the outside element, which waa seared out on the 30 per cent money in the late afternoon. Tue mar ket waa temporarily oversold. It rallied. The shortage was eliminated. What elan could happen with money soaring. Higher dividends we expect later, so we anticipate denis. And we do not believe that. In an ticipation of them, the market will let down under nny conditions short of a calamity, but wo do believe in not buying on bulges like that of yesterday, nnd get ting hung np. W© are for the daily opera tor first, last and all the time, and we are conscientious about It, regardless of criticism. Conservatism In Wall street na well as any place else. Mean- follow the neutral trading position STOCK MARKET OPENED STEAD! A Majority of List Showed Small Fractional Declines. ONLY' FEW ADVANCES Money Situation Was Still Dominant Factor, Call Rates Going to 25. SOT 9.13- 14 9.14- 13 9.14- 16 9.22-23 Closed quiet and steady. WHEAT OPENED FRACTION LOWER Due to Poor Cables and Good Weather in the Northwest. By Print* Loaaod Wiro. Chlo.fo, Sopt S.- -Tli* .rhrat bull, wore Id tho t.ll tlmbor today. Prteo, olowd HOHo lower for tbo d,y, anil .round the bottom prior, roaehod. A Btoomb.li oabl. rmlrod Into mid: Ru.rian weather fln«: arrival, ot wneat abundant; quality bottor.” Thl, earned •onto selling. Corn doied H8S0 off; oat, w»re down ttOHe, and proTl.lon, were up Irregu. lnrly. Primary rooolpt, of wheat were 630.000 l-u.hel, and corn 791,000 hnihola, agalnat 384,000 and 909,000, rnpoctlroly, a year ago ->«rnncei wore 234,000 bu.hd, w NO bushel, corn and 121,000 bushel. corn nnd 110,000 bushels to seek „ trod©. The annual corn Inspection tour lit the vicinity of Lincoln, Ills., given by Bpoll- man and Bpltloy, wa. hold during the l.Kt three dny«. Export, a. to the condi tion of corn vary, but ino.t of tbo men admit thnt tho .tnnd of corn. I, Irregular. Htnek. In elevator. In Chicago: Wheat 13.707.000; corn 646,000; oat. 4.473/W0. Contract .took. In Chicago: Whet ft. 371.000, corn 109,103. oat, 1.600,882. The feature of tho world', ahlpmont. of wheat In.t week wa. the dooreaM In llua- .1.11 ahlnm.nt. nnd the InoreaOo In Amort- run Rua.U .bow. a ileOronM of 900.- 000 for the week anil 3.134.000 from lint veur'.. while American .blnmenta Increnacd 1,630.000 for tbo week owl 3.264.000 from lint yenr*. figures Private Wire to Olliert ft Clay. Chicago. Sopt. ft—Wo continue to fool friendly to tbo long .Ido of wheat, cape- dolly on reooedon.. Ill fBOTH# i . Think provisions a purchase on any fur ther decline. THE COFFEE MARKET. New York. Kept. S.-Thc New York cof fee market opened ateady nt unchanged prlcea to a decline of 6 |>»lut., or n little hotter than expected. In view of the lower Bumiieon enhlea and heavy llrailllan re- elnta, but the market turned enaler dnr- ng the morning and by midday.wan nome 64*10 point, net lower. Later the market rallied partially. Trading wa. moderately active and Ifqntitntloo by Mali itrcet again the feature.—tllhert ft Clay. Following I. the Owning range and cloae of the New York coffee market for to- ‘* Ir ' Opening - 1 binge. Cl 3 r.-3.J0 , i. .....nary ftlM.39 * CHICAGO GRAIN MARKET. for today Open. WHBAT- Kept.... 47% May.... GATS- Kept 44 FI! PORK— Kept.. 11.42* 13.45 Jan.... 13.90 13.90 LARD— dept.. 8.55 8.86 (let.... 8.66 8.7214 J^h„. LI714 7.9215 Hnnt„ ^66 I.72H Oct.... 8.57V5 8.60 Jan.... 7.25 7.2715 CAHfl WIIHAT- No. 2 re.1 71’>075! bard winter 70(5071 ftff* NORTHWEST CARS. June July..’ August September October November December. Closed steady. . . ..6.16 . .. .6.664.63 6.66 6.79 .. ,.6.054.06 . ..6.094.06 .. ..6,064.15 .. ..4.20 9.464JW 6.69-6.66 IM4.90 6.604.46 6.04.76 6.04.00 6.094.0 6.04.16 6.164.29 THE 8UGAR MARKET. By Frivate Leased Wire. New York, Kept. 6.—Loeal refined and do-' mestlc sugar steady and unchanged. Lon don sugar steady wlth Keptember an ber unchanged to 9s %d and 9a 4%d tlvely. Minneapolis. Today. Week. Year CHICAGO CAR LOTS. Wheat. Corn. . Oats. . Hogs. , Todav. Tomorrow. LIVERPOOL GRAIN MARKET. Wheat—Opened *4fi%c lower; at 1:80 ... m.. was %6%c lower; closed *40%c lower, i—Opened %e lower; nt 1:30 p. m., % PRIMARY MOVEMENT. Wheat—Receipts 513.090 bushels, against 164.000 bushels last year; shipments *91,000 bushels, against 470.000 bushels last year. t’orn—Receipts 891,000 bushels, against 90.000 bushels last year; shipments 664.- 00 bushels, against 492,000 bushels last year. THE METAL MARKET. By Private Leased Wire. New York, Hept. 6.—The metal markets are decidedly firmer In tone. All grades of copper were advanced ! within 19 cents for beat near-by deliveries Impron Lead sod smelter ruled steady. TEXAS CONDITION ADVANCED COTTON , Now York, Sept. S.-The "Chiefly owing to report, of In the crop In Tex., prion advanced. There Mom. to lie a oou.ldoralile concur rence of evidence on tho question of an Im pairment of Texae oomlltlone, tho only ijue.tlon being whether It le In reality any gveater than uaual. The New Orleana Tlmea-Demncrat onme out rather euipbatl- enlly on the inie.tlon of Texa, deteriorn- t'o'i. .taring that there waa a dlatlnct falling off In the condition of tha plant In that .fate, Thla atatement' affected not, only NeiV York and New Orleana, hut Liverpool r.otlraably, and really had a, much ae anything to do with the advance. It aeoms confirmatory of tho atatemont In the monthly report of The Journal of Commerce to the effect that the deterlora- In Texae emounted to nearly 8 nor Thou tho aonllnreatern recelpta foil SS ....... „ with eye* open for specialty advances.'' Private Wire to Ware it Lefand. •New York, Sept. 6.—London firm Ik of further gold engagements expectations that Secretary Shaw will come to the relief of the money market In the way of government depos- the good stocks can bo bought with the exercise of conservatism Judiciously applied. There la bullish talx on the Iinrrlmsn Pacifies, Atchison. Baltimore and Ohio, 8t. Paul, Hteels and Copper. Would advise taking on the two latter; also, some Inlying, rho south. Including Texas peo ple, bought. Take It ill in all, It was s day when there was greater anxiety to buy than to tell, and the result was plain ly visible In the quotations. As the short interest Is Urge, the advance may easily go further should the rain keep up in Tex as and reports of damage from that state and elsewhere continue to l>e received. The general run of cotton people, however, believe that the crop I* doing well. They New Orleana, Kept. 6.—The TImos-Dem ocrat: "Cron news over tho holidays work ed against the bear cause, nnd with every- iKHly seemingly wilting to embrace the dog- mn thnt a reaction was due, yesterdays advance in the world markets came ns a matter of course. Secretary Heater's figures showing mill takings of American cotton to have beert more #.iau 12.000.000 bales, while consumption exceeded that quantity hy upward of 100,000 hales, fully met logical expectations. Thus, it was proven the world's ability to absorb fuore American cotton than any one a few years ago believed the Southern states capable or producing with Its labor supply, and cottou, our mark. Tbs „ yet an open question, nnd the talent must tire of the blind lmrgn!n. Glut Is merely a remote possibility. Knough Is probable. But pro ducers' resistance to low prices and apln- nor*' ability to pay current valuea or more 'or tne new season's supply would seem o put the burden of futnre fluctuations m the bear once the trade In general shall inve abandoned the Infallibility of the lenrlsb vlow that even now prompts the peculator to regard every reaction ns othlng better tjjau an Improved selling as!*. Meanwhile, the situation can haWly lear op before the movement, trade re tirement and broad gnuffe speculation ..evelop. At the moment, the dally fresh Interest is too atnall a thins on which to base Intelligent calculations.”—^Ware A Lo- ago neueveu me- nomnern sin ot producing with Its labor i because of the high price of exports reached high water r THE COTTON SEEP OIL MARKET. New York, Kept. Kept. 6.—The market for cotton seod oil was moderately active nnd very firm. Offerings were light, and there wa* good bidding for both near-by and for ward deliveries. Tenders so far on Ken- teniher contract* have been small—due. It la claimed hy bulls, to the scarcity of snpplfes here, and the outstanding long Interest Is claimed to bo of quite fair proportions. Ad vices from the South did not indicate any anxiety to sell seed or oil, and this gave a good deal of confidence to the bidding for forward deliveries. The market at the dose was quiet with prices unchanged to %c higher.—Ware k Iceland. Owning. Closli September October November. •••••. December. January March 3Q%< Closed steady. Republican governorship ticket elected in Vermont over fusion candidate. Proceeds of Pennsylvania sale of naitl tore and Ohio and Norfolk nnd Western ill probably be used for completion ol New York tunnsls. Stocks plentiful in loan crowd. Buying of pig Iron and steel continues large with premium for early delivery. ljondon market steady, nnd money con tinues easy in splto of American demand for gold. Further considerable gold engagements ex< peeted. Atchison directors meet today. No dlvl< LIVE 8T0CK MARKET. By Private Leased Wire. Chicago, Sept. 6.—Hogs—Estimated re celpts. today 31,00. Market 5©10c lower, qunllty fair; left over 4,423; balk 35.7001.15; estimated receipts for tomorrow 80,00; light hogs 35.9006.37%: mixed t5.6S06.3S; r KfSW&* c ‘ B; ple * Cattle—Receipts 27,00. Market steady to 10c lower: qunllty fair; l»eeves 33.7506,80; cows 3t.25Q4.25; heifers 82.2506.25: calves 35.5007.75; good prime steers 55.2506.80: poor to. medium 33.7606.25; stackers and feeders *12604.80. Sheep—Estimated receipts 84,00. Market steady; quality fair; native 32.2606.65; western 33.2S0&66; yenrliugs $5.600440; lambs I4.BO07.W: western 34.5007.0. MONEY ON CALL. Money on call: Open 17; high 40; low 17; close 30. By Private Leaned Wire. New York, Sept. 5.—The market made more of a response to the in creasing money tension today than It haa a*t aijy time on the recent move ment. According to now familiar cus tom early in the trading, the prices were attractively "fixed" by manipula tive orders from this side, gains of a point or more being frequent. But this expedient failed to have the same suc cess that has attended It on the pre vious days. Our market opened very unevenly and as a rule decidedly low er. For a half hour it held compara tively steady, and upbidding of Read ing, Union Pacific, St. Paul and Atchi son was attempted in a half-hearted fashion. But it was soon evident that liquidation was quietly pressing on the market from outside sources, and this pressure was intensified when the open ing of the call money market showed no signs of a let-up In the strain. Practlcally.no loans were negotiated during the morning below 20 per cent and quotations ran up at one time to 26, The banks reported a total outgo at the sub-treasury for tho week so far of 34,455,000. On the other hand, cable advice reported the withdrawal of $2,000,000 gold from tho Bank of England on American account, but there was much doubt as to whether this was not largely, If not wholly, In cluded In the transactions which were known about yesterday. Prices rallied a trifle on the an nouncement, but at 11 o’clock were still materially lower on the day. The stock market opened steady with a majority of stocks showing de clines ranging from 1-8 to 11-4 per cent, the last in Colorado Fuel. Erie common and Smelters lost 1-2; Bal timore and Ohio 5-8, Southern Railway 8-8, Steel common and Chesapeake and Ohio 1-4 per cent. Southern Pacific and Pennsylvania advanced 1-2, and Brooklyn Rapid Transit 1-4. St. Paul and Reading opened unchanged and each advanced 1-8. Great Northern preferred was unchanged. LONDON STOCK MARKET. HTOCK- Aiiscnmla.. Atchison Usnadlnn Pacific .. Chic., Mil. and 8t. Paul.... Erie.. Illinois Ctntral., toiilsYltlo and Nashville, tending.. ,. „ .. .... • 'eiinsylvnnia.. .. .. .* .. Uoiithern Pa rifle.. .. .. .. . Union Pacific United Ktates Steel.. .. .. ilo, preferred. I 1 ll’rv. '2 pmiClosICIos 107 ty 107% I1CS *"6% 176 1177 8% 189% 1R2% 46';. 4*iy 47 174'/j 173%. 175 149% 14KX 4 l.V)% l.m 2 IP'%,IX)v; 143% 143V114% 91% 91 %l 92% ■92% 193 I 4<*.V 4tf | 47% 107% jl07% 107% 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. SOUTHERN EXCHANGE OiilMt Established Office South. COTTOI—STOCKS BONOS GRAII Ground Floor Gould Dutldlng. Dally market letter end market manunl moiled on opiillcotloh. L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Correspondent’s Capital $250,000 RCFERCNCC, THE NEAL DANK PHONC1417. PRUDENTIAL DLOC Frank Hawkins, President. H. M. Atkinson, Y. P. Tnomns O. Erwin. Asst. Cashier. Joseph A. McCord, Cashier. R. W. layers, Asst. Cashier. Third National Bank Capital Surplus 5 r. A. W. Cnifcotin. IIton Dargan. John W. Grant. H. Y. McCord. $200,000.00. $300,000.00. DIRECTOR8I Frank nawklcs. H. M. Atkinson. Joseph A. McCord. J. IL Nunnaliy. J. Carroll Pajne. I*. R. Rosser. David Woodward. MADDOX-RUCKER BANKING COMPANY. CAPITAL $200,000.00 SURPLUS AND PROFITS . . $500,000.00 Accounts, small as well as large, invited. 3 1-2 per cent interest paid and compounded semi annually inourSavingsDepartmeitt. without the Inert*.*. COTTON^GRAm, ^ROVISION^TOCKS^BONDS, He. 2 Wan St., Pften Building. Atlanta. Ca. - MIMBUS: Hew Tsrft Catlea taelaage. Chicago Beard ot Trade. Hew Otltaat Cotton tachange. Chicago Stock tachaege. thereto! Cottaa Aueclallen. . Ben York Coffee tachango. Private IViret to Hew York, Hew Orleoat, Chicago. * ** Bon Phoae 1262. f. C COTHRAN. Manger. Standard Phoa Safe Deposit Boxes ■ For rent in our caulls 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 lo call and inspect them. Title Guarantee and Trust Co.