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m THE ATLANTA GEORGIAN. 11 ENGLISH 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 Private Leased Wire. York. Sept. 6.—The local market at the atart, while decidedly lower, hardly matched the wenkneaa of prices at I.lrer- nool the action of the market there com- SJteij surprising traders here. The weak- !L, abroad was explained In private cables __ .ielng Ion frail. k*rc also had Snil loans had sold ont in Liverpool OTer- iaiht First price* here wore 12 to It point* wlr and there was enough covering on the decline to prevent n full response to the break In tile English markets. NEWS AND GOSSIP Of the Fleecy Staple. Private Wire to Glbert k Clay. 4fft4uTiR—Liverpool at 12:30 vrti« i. * e *P p ctptI 4^5 higher, iriii cablB, . : “Decline due to gen- cottou*" * D|r 0nd * reer offert * , * B of ■l M>t j£°H rna ^ °f Commerce dispatch says tne government cron report*, due on fiat* ^Ajtemher 7. are likely to be post* foUowlug Monday, owing to 2.^?!*/. tor a conference between the ag- We win notTfr n. ten-TOaV E ntenlar wltd tne expeeuiuou or n nuance Of the ndvnnce today were «l a .urprlse this morning Try an pjeteil decided decline In the Llvt hand- uncx* Llverpool "Yesterday's advance In the American mnr- k,.t. railed for an Upward turn of about I nolnts, and when It waa aeon that It Ihosed n decline of na ninny point*, the trade was at a loss to Bud it reason for the failure- to respond to the bullish crop ad vires, especially froln Texas, current dur- luc the trading hour* on thl* aide. However, It did not follow our ad- nod oar market waa duo to open at drrllnes of from 12C17 points. Opening wires were 13014 point* down, but after the rail prb ea eased off n few points, after vhlrh the market turned dull with fluctua tion! narrow. .... . - Business Is expected to ho of a profes sional character for the remainder of the Irek, the trade preferring to wait the mbllrttlon of the government condition and clnaera' report* next Monday, the rondltlon report at 1 p. m. and the gin- urn' reimrt nt 2 p. ni„ New York time. The Interior movement for the half week ending September 4 Is as follow*: Ile- rrlpts 33.513. shipments 29,4*0, stock. Be] tmuber t. S5.999, August 21, 80,712. coniparlsons Inst year. Estimated receipts tomorrow: 1202. UK*. New Orlesns 1.200 to 1,900 1.541 Oalvestaa 7-000 to 8,000 10,866 Houston 8.000 to 9,000 7.265 At the Close, the tone was steady, with 507 point* below the closing of prices 5^ Tuesday. SPOT COTTON MARKET. Liverpool, business moderate, with prices steady: /uMillng nplnnds 6.38d; sales 600: American 4.6G0; Apemlntloo and expert 100# reeelpts 5,000; Ainerlenn 4,800. Aufiipta, steady nt 8 3-1&. Savannah, steady at 815-16C. St. Lonls, qnlet nt 9%c. Norfolk. stead/ nt 9%c. Houston, sternly at 9 3-16C. Galveston, steady'nt Memphis, qnlet nt 9%c. Baltimore, nominal nt 9%c. rhnrleston, stendr nt 8%c. Mobile, quiet at a%C. WUiuIngton, nominal. momeut. t>’lre houses , - •••••»•* the decline, whllo the larger room traders are disposed to sell. Some of the larger local traders are dls* n?* i. 7. *5° lon S nntl ftt present offerings are limited. The Journal of Commerce says: “Trade opened steady, with n notable degree of firmness manifested Iff some divisions of the cotton goods market. The Inability to drive cotton to as low a point ns some buyers expect'd to see It lias had the ef fect of stiffening sellers, and they were more free In their expressions of a stronger w» r w| In consequence of the well sob* conditions of many line* •• New Orleans. .Sept. 5.—Liverpool 405 down Is surprisingly poor. An advance of 5 nolnts was due. Receipts of new cotton at the porta tor of #nil August this year WWttJ. against 75,429 last year ami 79,748 Tex., wires as follows: Rained here yesterday evening and nil night; still raining, a slow drlxile." Market steady at opening decline, It be ing feared that the general rains may cause further damage reports to come In. Fnsttrn forecast Indicates fair weather tonight and showers tomorrow for Ala bama, Mississippi and western Florida. Ralance occasional rain* tonight and Thuraday. The western forecast Indicates fair weather tonight and tomorrow for western Texas, and partly cloudy, with probable showers ;n the hnlance. The map shows general rains throughout with cloudy conditions prevailing. Con sidered unfavorable, although rainfall la light Private Wire to Ware k Lelnnd. New York, Sept. 5.—Liverpool fut opened easy unchanged. At 12:15 p. Pretty good demand for cotton lrna de veloped since opening. Weld. Craig and Cnroenter pfcktng^up considerable Decem ber. Market acts ns though It might work up a little. New Orleans. Sent. 6.—Cables are sen nationally unfavorable. Instead of being ! un. ns they were due. there was a de cline of 5 points In Liverpool. , New York wires: “The action of Liver* pool shown plainly that. yesterday a spurt waa manipulated by local bulls, and that no sympathy or assistance may be ex pected from nbroad.” Liverpool cables: “Neither the spot de mnnd nor the speculative demand strong enough to sustain prices. This morning's developments simply show- the narrowness of the speculation at present.” According to exporters, the Interior Is of fering cotton freely at very reasonable prices. One exporter says that^he has bought Liverpool good middling. Spot livery In Savannah 2 points on wtol: The market Is dull, but steady. The gen eral opinion seems to be that the crowd In New York, who are manipulating the market, will pnt prices up, but that on any material advance the market will be a sale for good profits. ^ , Net stock of cotton In New Orleans is .2.619 bales, against 38,947 last year. The amount of cotton on shipboard la 2,679 bales, nsglnst 5.649 last year. Washington wires: “Cotton ginning re port will bo Issued on Monday, the 10th, at 2 p. m.“ GlBERT A CLAY'S - DAILY COTTON LETTER Edited by Joseph B. Lively MARKETS Mr. Lively's twenty-fire years* experience of ed iting markets in Atlanta and the South has made him a recognised au thority In his specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAME OF STOCK. Amalgamated Copper.. Atlantic Const Une. .. American Sugar Ref. .. Anaconda. ....... American Locomotive.. d<», preferred. . . , Amcr. Smelting Ref. . do, preferred. . . . Atchison do. preferred. . . . American Cotton Oil. . Amer. Cnr Foundry. .. Baltimore & Ohio. . .. Brooklyn Rapid Tran.. Canadian Pacific. . . . • Chic. k Northwestern.. Chesapeake & Ohio. . .' Colorado Fuel k Iron.. Central Leather do, preferred. . . . Chic. & Great West’n, Chic., Mil. & 8t. V. . . Delaware k Hudson... Electric. . . . Illinois Central. .... Amer. Ice Securities. .. Louisville & Nash villa.. 1UH JSSVif 135V* 136*4 281 1 274 G | 281 15M 136% 135 Vi UH** 7 *a| 277 113*21 11341 1134 112 US 1544 l.V) : 1534 1534 152 " DM 1164 11641 116* 106%| 1074: 10' 1164 82 lUlilil 1V?%! lM, -'n. Hid'* ..... | ii*>4 ioo Cl 4 31V 31% I 32 * — 394 1224 m 33 V 39% 1214; l?14j 121* i7--\ r f: ‘ NAME OF STOCK. S'. Y., Ont. & Western. National Lead. Northern Pacific. . . . New York Central. « . Norfolk & Western. .. Pennsylvania. ..... People's Gas. ...... Pressed Steel Car. . . do-preferred. . • . Pacific Mall Reading . . Republic Steel. . . • • Rock Island do. preferred. . . . United States Robber, do. preferred. . . .. do. preferred. . . Sloss-Sheffleld. . . . Tenn. Coni k Iron. . Texaa k Pacific. . ... Union Pacific United States Steel, do. preferred. Western Unlou. Wabash do. preferred. TODAY-6 PORT RECEIPT8. Tb. following table ahotrs receipt, at tha New Orleans. . . . . (faUettou. . . . » , Mobile ftunnnnb. Charleston Wilmington. . . . , , Norfolk New York Ronton 2259 7-661 1693 7283 INTERIOR MOVEMENT. The following table shows receipts, at ths interior towns today, compared with ths •ame day last years Houston. Augusta. Memphis. YIELD OF COTTON THE PAST SEASON Th, rotten cron for the rear ended Frt- hiiiw.according to Secratntr ;' nr f o. Heater or the New Orleana Cot- gn Rirhan^., foot* op ll.H6.ltl, agalnit £f!?rr ' i ,oor t* 1 19>2U,000 the year lolli-wln* la the production by states la l * ou »>ads of bales; ftbama. . . . Arkansas. . . . Florida. . . 1'wntln. . ’ J^ulslann. . . . MlssUsim,! . , Carolina. f'ithtarolina. 1905-6, 1904-5 1903-4. l.TO.OOO 1,470.000 L000 f j"‘ 1.233.000 L777,000 1,887.000 784,000 778.000 668,000 i£S ‘fe 8£ffi 3.028.000 8,534,000 2.876.000 11.346,000 13,566.000 10,011,000 T Ht DRY Q00D8 MARKET. tSSauSk* *-~The wholesale dry KT hrtiilK rtc *fc WllB more or after If* t-ffii! Rfa *°nable weather Is having off flj! on VArtlnff the retail fall trade hen’ ,. 1 /' nn .'« the rcfiectlen of activity at Mt- in , n activity of the Jobbing Initial '"r* 6 number of hnyers here. *orSUTiT” ln W 9 U ovcr nna MHiii * ar * W ?*I sold up. Dress gi^ls kooiJni , Uw n year ago in both ns and worsteds. New Orleans, Sept. 5.—Options in Liver pool opened easy and unchanged, but 1m mediately a decline sot In which, owinja to the absence of any demand for spot cotton nnd the liquidation, in a narrow market of the long Interest, caused n net loss on the close of 3 points over yester day. Spot sales were 5.000 bales, 2 point* higher. Prices In the American markets, to conform with the disappointing course of options abroad, showed n marked de cline on the opening, a decline from which, despite the fairly steady buying to dose short commitments, but little Improvement occurred. The absence of any marked fen- tare tended to confine price changes wltn- In exceedingly narrow limits, and even the generally wet man and prospect* for a storm on the South Atlantic coast created onlv pnaalng Interest. The census report will 1*e Issued on Monday next nt 1 o clock, our time, and In connection with this It I, Intrroitliie to not. tha flrurfi of com- narlson as embodied In Ilester a.report with Mparlal rafarancf to tho rooolpt of now rot ton to Rontrinnrr 1. For the arowth of 1909-1907. 107.812 b«le,; for that of 1906-1902. 76.425 haloa anil for tho bumper erop of 1904-1906. 79.742 haloa. Thaw tittoro" ""*"' rally give rise to considerable speculation, owing to the heavy Increase thl ■year over previous years. The condition report will likewise he published - Monday, one honr earlier, and until these official "tstements are out of the way. It Is enllkely that any radical change in market prices will occur. WA " UL LXMl»TTER wa* P anl? r imi n " - n B o P ^itlm?'nf?UnTo^ay. Tho povernrtent at Wn.hlnatnn annoonrert that tho report on the nmount of ootton Klnnnl prior to floptombor 1 wouM ho la- anrd at 1 o'rlork. our time, on Momlay nrit. and that the report on the condition of cot ton on Angnst 25 would be lssned at L o'clock, our time, on the Mme dsy Nnt- nrallv the tendency waa to shorten Mil un til these reports were ont of the way. Liverpool 'cables were unfnvnrnhlcenongh to have sent prices considerably lower thsn they did go. bnt a rather large professional following seemed to ho price# higher whether conditions warranted »•»! arm! do. pn Total atock an lea l.iafcMo iha TIPS FLASHED From Wall Street. rrlvnte Wire to Glbert k Clay. New York, fiept. 5.—Our London corre spondent cables us ns follows: “Four bun dred thousand pounds of gold just taken from Hank of England, nnd probably for National City. Opinion la that this Is only l*ejrlmilng.“ Ranks have lost $4,455,000 through sub treasury operations since Friday. Do not see anything new. It all de pends on this money market. This begins to look llko a tight money stock market. London has been a good buyer of Union and Southern I'nclflc today. Buy fit. Paul. Union Pacific and Southern Pacific on weak spots. Sell Brooklyn Rap' Id Transit and Colorado Fuel and Iron on bulges. The market today should be a strong and particularly so should call money money __ icoming promptly, we expect to see stocks work higher, but we can not have a contin uance of upward movement with 25 pci cent money. The New York Financial Bureau says: "Conservative neutrality Is the best ad vice wo can fclve this morning. There NEW YORK. The following Is the range la cotton fu me following is the rai lures In New York today; Sept. Oct. . Nqv. , Dec. Jan. . Feb. March. 9.26 lay. . . .1 9.34 Closed steady, Ma; all i! 8.93 8.9? 199-01 ' “ 9.09 9.09-10 9.1S 9.96-89 9125-27 9.82-83 X. 72-74 8.96-97 9.06-07 9.16-17 9.28-26 9 J0-32 9.38-39 9.401 9.40-411 9.46-47 LIVERPOOL. September.... Sept.-Oct... 4 Oet.-Nov. . . Nor.-Deci. .. Dec .-Jan... . Jan.-Feb. ., Feb.-March.., March-April. dpehlng Range. Close. .. ..6.06-6.02 ‘ . .4.96-4.90 • *4.98-4.90 .. ..4.93-4.92 . ..4.96-193 .. . .4.98-4.9$ revious Close. 6.03 5.06 4.98 4.96ii 191 4.94’ 4.914 4.94' 111 ul . ....... 188 .... .6.00-4.974 4.97 5.02 ..199 4.99 6.034 .45.06-5.01 6.004 6.06 4.96 4.98 5.00 NEW ORLEANS. tures In New < Dec. . . Jan. . . Feb. . . March. , 5 12 9.02 9 07 9 04 9.00 9.07 9.00 9.06 ‘o.ai TlO Tos T(5 9.14 9.18 9.13 9.16 •»:a Tl29 ‘ass *9128 9.07-09 9.06- 07 9.07- 09 9.06-09 9.16-17 m 9.14-16 ttt" Cltxml qulot and ituadr. NOTES ON GRAIN Pointers on Provisions. Private Wire to Ware k Lelnnd. Chicago, Sept. 6.—Wheat showed decided weakness yesterday, and was a great dls appointment to the bulls. It may work some lower todsy. Receipts of corn are growing liberal, and we believe there will Ije- a free movement of old corn before the end of tho month. Offerings of wheat not very free, and a little demand from few local ahorts has started the market up. A rally Is ln order, but should be sold when we get It. Wheat shows no selling pressure so far, and the undertone Is good. Should we get a break today it will come mostly from short selling, and will afford a bard spot to buy on. Trade very light In wheat, but there ap pears to be some Msy wheat for sale. Tit traders Inclined to play for a reaction. Think Nash nnd Wright are selling some May corn this morning. Brokers haven't given up names yet Rnnkln 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 fair buyer of May oats. Provisions opened steady at closing prices. The market looks weak and as though it might sell off a little. Offerings scattering with demand light. Chicago Inter-Ocean: Investors were not so anxlons for cash wheat yester day, and elevator people appeared to hare martrt "AST &•' Inn. whan ClT.rpool prtc**w* r S point, ilnwn ln*t,*o,l of anotit 6 ......... .... *■ waa dun on tho flnntnatlon. ln tho Amorlonn markota' T«Ltord*r. Pablo, aald that tho markot waa atr.otod adTnrj.l, I. T hull, oollln* out and alao hr th' nroM- tiro of actual cotton. Tb* renit of tho ro- fitanl of the American market* to Nm»« to the depreaaton aero.* the water eiitah- II. hed a P"ritr lietwoea Ocmher and Octo- Iter-Noremher of 7S point;. A while**" the naritr waa aa hl*h *a ill prtntjh an* f«r « Ion* time It wa. nroond 26 nnd later around SS. Which pennlltod oxportor* to do hu«|. nraa nt a comfortable martin. The nr«- ent tendeper la to art the market* of the world ont of line with each other whlrh . hardlr a hnlllah ar*um*nt, cpectallr at thl; time of the rear. The weather I* *oo.| nnonirh. hccordln* to tho old at.rlo way of thlnkln*. Ponatdorahlo rain waa mnortod over the lielt nnd portlrnlarly In Texn«. Accordlnr to the hulls, wet wMther nn, Iwill weerll are outline Into the Texa* yield yery badly, hut thefe are other* who think dllKrently. Tha aeml-weekly «t"tem«tt of the morement at thirteen Interior town* GIBERT & CLAY *• t ALABAMA BT. STOCK •. BONDS, COTTON. CRAIN. CO FFCC. PROVISIONS ATLANTA. OA. -. MKMBCRIi Krw Bxehange.|New Orleans Gotten BxchangetfChlefcgo Beard ^ , 3*5 YaS 9,°U° a Exchsnge.jNnw Orleans Stock Excbange.lLlverpool Cotton Association Tof k Coffee Exchango.lNew Orleans Board of Trid#.|Gal»eiton Cotton Efchsags i , . . Private Wires to alt Exchanges. • and Long Distance Telephone 5298. W. R. FAGAN. Manecerb ALONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone, Main 858. ATLANTA, GEORGIA. nna Win lux, it Ktiii.K I rum on. uuuro io anotner, and put out again In the afternoon. Tho a**rr*ate dellrerlea Inte In the day were 645,000 bu.heta aont out by Armour. Caah huelneu In wheat In Chicago Tun- day waa 27,000 bushel*, corn 50,000 and otts 115.000. pie market for corn yeatentay, picking up nil the raised lota at Wc on track. Nhlp- S r* took the yellow eoen at 25463Hc orer ptemlxtr, tha Imlk of the aalea /telnc at ic on track. These premiums are Inauc- the old .rate of comtnlnlon of He and to place traders for rnmmlnlaon bouaea on a imlary la to be taken today. It la ex- peetetl that, the rote will be lar*ely »t the cflange. Thoee who proper*.! ... in-nenro aay their ino,c la to M«k an oxpremdor. of the trade. Tho annual com Inspection tour In the vicinity of Uneoln, Ilia, given by Spell man and Rpltley, was held .luring the last three dny». Exporte ae to tho condi tion of corn vary, hot moot of the men admit that the eland of corn la Irragular. stock. In devatoM In Ohlcagpi Wheat 18,707,000; com 646,000; oata 4.27M00. Contmct stock. In Chicago: Wheat *,• 871.000. corn 128.100. out* 1.622,102 , Tho feature of tho world a shipments of wheat last week.waa the.decrease In Rus sian shipments end the Increaee In Ameri can. Quasi* .how* a _d?er*aie of *20.- WHEAT OPENED FRACTION LOWER Due to Poor Cables and Good Weather in the Northwest. By Private Leased Wire. Chicago, Sopt. 5.--The whsat bulla were lo the tall timber today. Prices closed lower for the day, and 9 round the bottom prices reached. A BroomtoJi cable received Into said 'Russian weather fine; arrivals ot wneat abundant; quality 'better." This paused some selling. Corn closed UGSc off; oats were down HOHCp and provisions were up Irregu larly. Primary receipts of wheat were 580,000 bushels and corn 791,000 bushels, against 854.000 and 900,000, respectively, a year *?§ 124.C oats. Cash • snlos were 210,000 bushels wheat, 75.000 bushels coru and 100,000 oats at Cht Aboard r corn and 110, ^SiDirthtw^k'S.rjsssBfssra year', flgurc Private Wire to Glbert ft Clay. Chicago, dept. 6,-We continue to feel frien.Uy to the tong side of wheat, eape- dally on recession,. Both corn and oat* appear to he raining friends. Good support quite noticeable on *°Th| , nk ,, provl*lon* a purchase on any fur ther decline. THE COFFEE MARKET. New York, dept. 5.-The Kew York cof fee market opened steady at unchanged price* to.a decline ef 6 point,, or a little better thl - “ * European — — , . eelpt., hut the market turned easier dur ing the morning nnd liy midday waa some sail) point, net lower. letter the market rallied partially.- Trading was moderate y active nml liquidation Ity Wall atreet again the feature.—Glbert ft Clay. Following la tho opening range and close of the New York coffee market, for to* day: . ... CHICAGO GRAIN MARKET. Chicago groin nnd provision quotation* for today follow: Previous Open. nigh. Low. Close. Close. WHEAT— !£> ■ Kept.... 474 INK? 48 May.„, 44 OATS— Kept SO Doc 314 May 334 FORK- Jon.#,. i*.p LARD- Kopt.. 8,55 ®i3w- Konf.. 8.65 Oct.... 8.674 Jan.... 7.26 CASH WHEATS No. 2 riKl 71V 2 hard winter 3S S8 r M'lF IP PM as* as S:S“ K Ifc a IP HE if* !:S“ 7.T7H NORTHWEST CAR& Mlaneapolli. Today. We.li. Year CHICAGO CAR LOTS. TEXAS CONDITION ADVANCED COTTON lii the crop fu Texas prices advanced. There secnm to be n considerable concur re nee of evidence on the i ” - * - * pQirraent of Texas conu „„„ ques Ion being whether It Is in reality any grtrau'r thnn usual. The New Orleans Times-Democrat esmo out rather euipbatl- celly on Jhe question of Texas detertora- tlon. etstlng that there was n distinct falling off ln the condition of the plant In that state. Tteli statement affected not only New York and New Orleans, but Liverpool noticeably, and really had as much as anything to do with the advance. It seems confirmatory of Hie statement In the monthly report of The Journal of Commerce to the effect that the deterlora- tlon In Texas amounted to nearly 8 per cent. Then the southwestern receipts fell off somewhat, the spot sales In Liver pool Increased and brokers supposed to bo acting for tbo leading cotton operator were buying. south, Including Texas peo- ly visible in the quotations. As ..... ........ interest is large, tho advance may easily go further should the rain keep up In Tex as and reports of damage from that etnte and elsewhere continue to lie received. The general run of cotton people, however, believe that the crop Is doing well. They •-ave not forgotten that the deterioration i Texas In the year of high record crop na nearly 15 per cent.”—Giberf k Clay. New Orleans, Sept. 5.—The Times-Dem ?rnt: .“Cron news OTer the holidays work ed against the bear cause, and with every body seemingly willing to embrace tb~ ma that a reaction was due, yeste , > advance In the world markets came as a matter of course. Secretary Hester's figures showing mill takings of American cotton to have been more #ian 12.000.000 bales, while consumption exceeded that quantity hr upward of 100,000 hales, fully met logical expectations. Thus. It was proven tly* world’s ability to absorb moro American cotton than any one a few ycara ago believed the Southern states capable of produclug with Its labor supply, and bemuse of the high price of cotton, our exports reached high water mark. Tho magnitude of the new crop Is yet r question, and the talent must tire _ blind bargain. Glut Is merely a remote possibility. Enough Is probable. But pro ducers' resistance to low prices and spin ners’ ability to pay current values or more for the new Reason's supply would seem to put the burden of future fluctuations on the bear once the trade .fp^^ineral shall prompt regard every reaction as than an Improved ae[llng January*. .. .. February March v. June.. July August. Kept ember.. .. • October . November December. ... .. Closed steady. Range. .. ..8.2S4.M , .. ..6,30-6.40 S. 40-4.50 . ....6.46-6.18 . . ..6J6 . .. .6.65-6.65 6.65 C70 .. ..6.S6-6.06 . ..6.00-6.06 . .6.084.18 .. ..6.20 4.354.30 6.304.85 6.404.45 6.464.60 6.544.56 6.114.60 6.604.61 6.654.78 6.854.00 6.0M.05 KS4S THE SUGAR MARKET. ..ew York. Kept 5.—Local refined sad ‘lo rn estic sugar steady and unchanged. Lon don sngar steady with September nnd Octo ber unchanged to fa %d and 9s 4Vftd respec- Wheat. Corn. . Oats. . Hogs. , Today. Tomorrow. LIVERPOOL GRAIN MARKET. Wheat—Opened lower: at 1:80 p. m.. was Udttc lower: closed U4t%c lower. Corn—Opened 14c lower; st ll» p. m., % G%c lower; closed lower. PRIMARY MOVEMENT. Com—Receipts 01,660 bushels, against 909,000 bushels last year; shipments 564,- 000 bushels, against 482,000 bushels last 7 ^r. _ THE METAL MARKET. By Private Leased Wire. New York, Kept. 6.—The metal markets are decidedly firmer In tone. AU grades of were advanced Ke In the Mil to cents for best grades. Kpot and THE COTTON 8EED OIL MARKET. New York, Sept. Kept, i.—The market for cotton seed oil was moderately active and very firm. Offerings were light, and there was good bidding for both near-by and for ward deliveries. Tendf" “ “ ““ tember contracts have b claimed by bulls, to the scarcity, of supplies here, and the outstanding long Interest Is claimed to bo of quite fair proportions. Ad- vires from the South did not Indicate any anxiety to sell seed or oil, and this gnve n good deal of confidence to the bidding for forward deliveries. The market at the close was quiet with prices unchanged to %c higher.—Ware k Lelmnd. Opening. Closini September. ..... October November. • • • • , »>oceml*er January. ....... _ , _ March SOttfrl 30ft Closed steady. SOUTHERN EXCHANGE Oldeat Katabllah.d Office South. COTTOX STOCK BOKDS GRAIN Ground Floor Gould Buitdlnff. Dally market letter nnd market manual mailed on application. L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, 6RAIN Correspondant's Capital $250,000 RCFERENCe, THE NEAL BANK RHONE 1417. PRUDENTIAL BLOC MfW fork. Hew Orient. C5/<«f«. WARE & LELANO COTTON, GRAIN, PROVISIONS, STOCKS, BONDS, f Mo. 2 Will SI., A tints, Os. gnr fork Cotta [tekna. ChUtgo Board o 1 Trado. 0*w Orlnm Colton tubing*. Lt. jco 5fcr* Ct<hanjr. lltercool Cotton Atto:l»tion. hew York Coltt* hzhtnoo. Prlralo Wires to Mow York, Hew Orleans, Chicago. B. C COTHRAU. Vj-*aqer. f #0 fbon 1262. • Standard PbooeSX, reason, therefore, why good stocks should not be bought for a turn. Ever)* thing else favors It. But they can not put tin tho market, hold It and distribute with high money. Developments over night are not of a kind calculated to In spire confidence ln thp outside element, which wns scared ont on the 30 per cent money ln the lute afternoon. The -mar ket was temporarily oversold. It rallied. Tho shortage wns eliminated. Whnt else could hnppcu with money soaring. Higher dividends we expect later, so we anticipate And we do not believe that, In " r --Jen of them, the market will down under any conditions short of _ calamity, but wo do believe In not buying on bulges like that of yesterday, and * ting hung up. We are for the dally c tor first, last and all tho time, ant- are conscientious about It, regardless of criticism. Conservatism In Wall street pays ns well as auy place else. Mean time, follow the neutral trading position with eyes open for specialty advances." wew ior»t o*pi. o.—ijonoon nnn ana generally higher. There Is talk of further gold engagements with some expectations that Recretnry Holding back creates bearish bearish talk on Pennsylvania. Aside from monetary conditions, every thing Is favorable, and on sharp breaks, think the good stocks can be bought with the exercise of conservatism Judiciously applied. There is bullish talk on the llarrhunn Pacifies, Atchison, Baltimore and Ohio, 8t. Paul, Steels nnd Copper. Would advise taking on the two latter; alao, some of the minor Industrials, if very much de- ^Content a large seller of Reading. Dow-Jones' summary: American stocks In London firmer with Coppers and Harrimans very strang. Republican governorship ticket elected In Vermont over fusion candidate. Proceeds of Pennsylvania sale of Balti more nnd Ohio and Norfolk nnd Western III probably be used for completion of ew York tunnels. Stocks plentiful In loan crowd. Buying of pig Iron and ateel continues largo with premium for early delivery. Ijondon market stead/, and money con tinues easy In spite of American demand for gold. Further considerable gold engagements ex- ^^Atchison directors meet todsy. No divi dend action expected. Twelve Industrials declined 1.11 per cent. Twenty active railroads declined .01 per cent. 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. LIVE 8T0CK MARKET. By Private Leased Wirt. Chicago, Kept. 5.—Hogs—Estimated celpts today 81,000. Market 6<910c lower; quality fair; left orer 4,42$; balk $6.7006.15; estimated receipts for tomorrow 80,000; light hogs $S.90e&S7H: mixed SB.C6G135; hear/ $5.1606.20; rough (5.2606.60; pigs $5.46*6.M; ynrkert $6.1006.35. Cattle—hecelpts 27,000. Market itsady to 10c lower; qtuallty fair; bseres $3.7506.80; cows $1.2504.25; heifers $12506.25; calves ,tecr* 23.3ff2.90: ~ stockeni and $5.5007.75; good nrlme sti MONEY ON CALL. Money on call: Open 17; high 40; low 17; close 30. By Private Leased Wire. New York, Sept. B.—The market made more of a response to t!}e in creasing money tension today than It haa at any 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 tho 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 upbldding 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. Practically no loans were negotiated during the morning below 20 per cent and quotations ran up at one time to 25. The banks reported a total outgo at the sub-treasury for the week so far of 84,455,000. On the other hand, cable advice reported the withdrawal of 32,000;000 gold from the Bank of England on American account, but there was much doubt os to whether this was not largely. If not wholly. In cluded In the transactions which were known about yesterday. Prices rallied a trlfio on the an nouncement, but at 11 o'clock were still materially lower on tho 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 Inst 1-2; Bal timore nnd Ohio 5-8, Southern Hallway 8-8, Steel common and Chesapeake nnd Ohio 1-4 per cent. Southern Pacific and Pennsylvania advanced 1-2, and Brooklyn Rapid Transit 1-4. St. Paul and Reading opened unchanged anil each advanced 1-8. Great Northern preferred waa unchanged. LONDON STOCK MARKET. STOCK— Anaconda Atchison Canadian Faclllc Chic., Mil. and 8t. Paul., Erie Illinois Central .... laMilmrllls and Nashville? . . Heading I'rnnarTvanls Southern I'nclfla Union I’aclflc United States Steel do, preferred 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. Frank Hawkins, President. H. M. Atkinson, V. P. Tnoma* C. Erwin, A«at Cashier. Joseph A. McCord, Caafiler. R. W. Bjcra, Aaat. Caahier. Third National Bank Capital Surplus Dr. A. W. Calhnun. Milton Dargan. MOW. Grant. H. Y. MeCortL DIRECTORS* Frank Howklna. II. M. Atkinson. Joseph A. McCord. $200,000.00. $300,000.00. J. II. Nnnnall/. J. Carroll Payne. B. n. Ronsr. Dsvbl Woodward. K1ADD0X RICKER 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 in our Savings Department. Safe Deposit Boxes For rent in our caults 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. *~m~TrTTTTTTirrTrr--i-riTn-~i~~~irrii[rnnnnnnnnnniiiiiiiiiiiiiiiiii