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THE ATLANTA GEORGIAN. TUESDAY. SEI’TKMHKK 11, 11 mas EXPECTED BEmmiM; Cotton Started Steady and Unchanged to 3 Points Higher. SUPPORT INCREASED An Advance to More Normal Basis with Other Side Followed. {few York, Sept 11.—The opening 0 f the local cotton market today wai a disappointment to the bulls. It opened unchanged to 3 points higher. Sub ,equently. however, support Increased and prices advanced to a more normal basis with the other side. Lower Wall .treet was credited with the heaviest selling. Crop and weather news favored the bears. If anything. After opening unchanged to 4 points higher, and a slight ileclln* “ ■* 7 1 .l.vllt-n future' delivery was moved up to | tmlnts nlwve yesterday's closing. 1 weather report was t Utils better than ^Tuile was dull nnd devoid of Interest. Estimated receipts tomorrow: hew Orleans Galveston . . Houston . . . .'iris!! . 9,000 to 10,0< 1906. The rinse was steady at unchanged to 3 points decline. SPOT COTTON MARKET. Ilverpool-Itemsnd for spot cotton fslr. With price* firm. Middling uplands 5.64<). Sales ROOD. American 9,200. Speculation nnd inmrt 8tw, reeelpts 6.000, American 4,600. Atlanta—Sternly, SKo (new). New York—Quiet. 9.80. New Orleans—Firm. 9*e. Savannah—Steady. 9 16-10. Augusta—Steady, 9*c. Memphis, quiet. Mi Gslveston ttmi. 9 6-18. Italtluiore. nominal, M4. Norfolk, quiet, 9H. Mohllo steady. 9. 8t. Louis, nulet, M*. TODAY'S PORT RECEIPTS. Tbs following tahts shows reeelpts at ths sorts todsy, compared with the same day list resr: New Orleans, liiilrpftton. , . Mobile ftivaniinh. . • rhnrl«*«ton. . • Wilmington. . Norfolk. . . . Nmt York. . . Bouton. . . . 3113 18170 1828 4679 17801 1736 1508 N 2804 INTERIOR MOVEMENT, The following table show* receipts at the Interior towns today, compared with the nmt day lait year: Houston. . AltffUStA. . Memphis. . St. 1,01118. . Clm’lnnntl. Total. WEATHER IN COTTON BELT. Fort Worth heavy rain. Dallas partly rifiuir nnd pleasant: light rain yesterday afternoon. Temple cloudy and foggy. Ilel* »"ii Houdy and hot. Han Antonio cloudy MUniHippl-^Natctwa clear nnd cool: rain mterrifty afternoon; Jackson and Ynxoo Hty cloudy nnd pleasant. Meridian dear Mjl warm. Hattiesburg partly cloudy nod Alabama—nirmlngham dear nnd wnrtn. opellkn Hear nnd hot. Montgomery nml Troy clear nnd pleasant. Mobile and Selma clear and warm. WEATHER Tn WHEAT BELT. Extreme Northwest—Clear; S3 to 68 above. North west—Generally cloudy; 44 to 70 f!«ve; general rains South Daketa and Hlnnesotn. Went nnd South went—Generally dear; 64 «o ;« above; local ralna In Nebraska. Ohio Valley—Clear; 68 to 74 above; show' W at Nnshville. WEATHER FORECAST. dnnn. Alabama and Mis wed thunderstorms Tuesday fy: light, variable winds. _ Georgia, Eastern Florida and Western Florida—Generally fair Tuesday and Wed* tfjdnv; light variable winds. ha«r Texas—Occasional thunderstorms Tuesday and Wednesday; light to fresh •oath winds. Western Texas—Fair In the south and Mowers in north portion Tuesday and Wed- wsdnjr; cooler Wednesday In tbo north NEWS AND GOSSIP Ot the Fleecy Staple. Prirat* Wire to Glbert & clay. nXfJitUx ? ept - U.—Liverpool at 12:30 lhe market docs not respond to the buy- Ing following tho bureau report, as the con viction prevails that the crop Is doing well. Liverpool cables: “Continent and Egypt bought. Think bureau discounted and that the market will be lower If crop accounts contluue good." to 7 up. About as expected. 8 ®P*- lL—The Journal of Corn- J2JJ21 W** .Heavy mall orders were re- wijr d n}?«5 ear y ? 11 the . Gouges and there 2m? ♦h!? 0 / Pl*eed. In keeping with the practice which has prevailed for ,r }“« buyers _ ordered In small amounts, but asked for quick deliveries. The bulk of many malls related to delated goods or. to goods on which quicker ship- requested. It is clear enough that tho country s stocks are not In the storehouses of the mills or their selling agents." "xporters are buying contracts In this market, being unable to procure spots. New York wires us: “Liverpool wires trade nervous; looks much higher." Today's map Is not so favorable, rains _avlng generally fallen over the western l»elt, while scattered showers have also oc curred In eastern states. Further reports oi nnmngc would not lie surprising, anu, t K ther with slightly better than expect* verpool, should result In a ateady If n Edited by Joseph B. Lively MARKETS Mr. Lively's twenty-five years’ experience of ed iting markets In Atlanta nnd the South baa made him a recognized au thority In bis specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS bearish dope. Western forecast Indicates scattered show' era and thunder storms throughout both today and tomorrow. IBooks like Dallas and Waco selling. The; are nlneuly short and only Increasing thel short Interest. Eastern forecast Indicates showers to night or Wednesday for Alabamn and Mis sissippi. For balance fair weather tonight and tomorrow. Private Wire to Ware Sc Leland. New York, Sept. 11.—Liverpool opened & t u P* At 12:15 P- n»-.. 7 up and steady. Sales 10,000, 9 up at 5:$4d. Futures due t6 come 8 to 7 up. The New York cotton ninrket opened aliout ns expected on Liverpool cables. Wiggins sold considerable December and January, presumably for Carpenter. Bcklll nnd commission houses good buyers. Liverpool bought some cotton here. Be* lievo market can be bought on soft spots for the present. New Orleans, Sept. 11.—Liverpool at 7 up Is a full response. Was due 8 points up. T*pot sales of 10,000 bales at an, advance of r lnts Is a satisfactory feature. dispatch from Victoria. Tex., says: •The line cotton crop of last year followed "his year’s good crop has fanners In good shape, yield will not be as large as was at first expected on account of unfavorable weather conditions, but It Is thought th exceed lust year's yield. Over oi crop has already been gathered.” Craig Sc Co., wire from New York: 'Think glnners* more than offsets bullish construction of the condition report. Ex pect lower market." New Orleans. Sept. 1L—Cables are favors- -Je. Perhaps they are betcr than doe when the Itearlshuess of the glnners report la considered. Hales of 6,000 spots are a very favorable feature. , Too much rain Is shown over Texas. Otherwise the weather map Is favorable. New Orleans, Sept 11.—The market Is very dull. Scalpers ore short for a turn, but sentiment Is more bullish on the whole than It has been for some time. The weath er forecast for tomorrow Is bad. and there a good demand for spots. These are fea« tures that ought to cunie a temporary ad vance anyway. Carpenter Is here and Is reported to be selling cotton freely through several houses, but the market stands It well. The innrket Is easy under rather free of ferings from ring scalpers. The Impression that McFsdden Is selling. The net stock of cotton Tn New Orleans . 16,028 bales, against 44,715 last year. The amount of cotton shipboard Is 6,152 bales, against 3,690 last year. It. Daponte, who estimated last years cotton crop on Soptembsr 6, 1906, at 11.319,000 v the COFFEE MARKET. W York. Hept. 11.—Tho coffee market •Pencil stonily at nn advance of 6©10 points 5 ^ts during the forenoon on covering •t short* and a renewal of bull support, •nil'll was »*iicouraged by the further re- ports regarding the valorization plan. It ■*m*l from the number of private cables rw'elvod. unme of them varying In detail, R? ■? *" "ubstantlally the same effect.— 6 2jft A t lay. roll owing |« the opening range nml close J* y ! h * New y 0 rk coffee market for to* Opening Ranee. 6.70-6.75 6.75 6.85-6.90 6.90 7.00 7.05-7.10 1.16, 7.10 6.16 ■6.46-6 JO 6.60-6.66 6.69 Tannnry.. .. F^runry.. June.’. July ■August,7 7 "■Member.. aovAniber J lumber.’* r l**sc<l steady.* Close. 680-6.85 6.904.95 6.95-7.00 7.06-7.10 7.10-7.16 7.16-7.30 7.20-7.25 7.23-7.30 6.664.66 8.604.65 6.664.70 6.764.89 New York. Kept. 11.—There wes considers hie uncertainty In trade circles over the ro- ceptlou of the figures Issued by the agricul tural department yesterday. As Is gener* ally known, the decline In cotton from around '10*4c to 9c hns thus far felled to stimulate aggressive buying of a kind that would change the character of the cotton market. Many regarded It probable that some Influence might tie exerted by the present report and new buyers of such volume.would be found ns would absorb the floating supply and carry on an advance In the future market. But this morning the Jfoutli seemed to be telling rather than buying, nml this was n very discouraging feature for those who lookfd for a contln lied rise on short covering aud more genera buying. In fact, nt times prices ran off very easily, nnd Hie advance seemed to be more the result or professional buying than not Indicate overproduction. It must not lie forgotten that there' Is now growing some 11,000.000 or 12,000,000 bales of cotton, and the South hns thla for sale. The market Is likely to he a good scalping affair for NEW YORK. Th. follovrlnr I, th. ran,. In cotton fa- turn In Wow York tndnrt Kept. . , Nor. ’. ft?:: : Fob. . . March. IB 8.96 Cm i.» n 9.16 9.43 (ay. . . .1 9Jil Hosed steady. m 848-72 8.90-91 9.02-03 9.18-17 9.24-25 9.33-32 8.93-94 9.04-06 5.18-19 9.28-27 9.31-32 9.40-41 9.61-62 LIVERPOOL. The following table gtvea the oi jnge -- close: Pen Ing range and close, compared 'with yesterday's Opening. Previous Range. Close. Close. sir Sept. . , Sept.-Oct. Oct.-Nov. Nov.-Dee. Dec.-Jan. Jan.-Feb. Feb.-Meh. . .6.18 -5.17 6.18 .6.03 4.09*6 6.06*4 .4.98 -4.99 4.90^ .4.97 -4.99*4 4.99 .4.99*4 5.00 .499 4.02 5.01 April-May . . quiet. 5.06*4 4.1 5.07 6.01 5.09 6.03 NOTES ON GRAIN Pointers on Provisions. Private Wire to Glbert Sc Clay. Chicago, Hept. 11.—The government ort on wheat will uot give the bears any rest: encouragement, bat la most likely to nduce covering of shorts. The corn figures are about as expected. Indicating u crop equal or little over last year's, while this fs bearish, present low prices are equal to low prices of- last year, rather-discount the size of the crop and not likely to encourage further bear ef forts. The oats figures look bullish. Cannot help feeling wo shall see some recovery around. Believe we shall see a covering movement oft fairly liberal scale. Oats are showing prouounced strength. Oats appear to be on a rampage. There Is a big general short Interest. Cudahy selling provisions. Valentlr* ‘ — % '“ wheat. Chicago Record-Herald: Despite the ex celleut trade reported In cash meats and lard, provision men see no prospect that buying May and December L. J. ANDER80N & CO.’S DAILY OOTTON LETTER morning nnd took 8.000 bales at an advance of 9 (mints, also futures rose 8*4 and 9 points, which was better than due, but the big bears said, "Nay, we are not ready for prices to advance. ’ Hence New York refused to respond, and dragged around nil morning at about yesterday’s closing prices Using past crops as a guide and comparing with the largest of them all we caqnot figure more than 11,260,000 bales from yesterday's condition figures, yet the bear crowd nre able out of that anowinr to derive ft crop of 12,260,000 or 13,000,00 bales. The government figures yesterday, 77.3. show n condition 9 per cent poorer j5v*ry bale of thlf crop la going to !>e needed nnd the spin ners nre picking up some cheap cotton at these prices. LIVE STOCK MARKET. Chicago. Kept. 11.—Hoga-Rstlmatsd re ceipts today 22,000. Market slow; 5 to 10c lower: quality falrr 15.90fT6.3b; estimated xor loswrrww ww* light bogs I8.16C6.60; mlxfHl 85 85C8.55; heavy 85.2SC140; rough 85.35C6.70: pigs S5.66c6.46:yorker* M.56C6.60; food to choice ^ C’a/:le^Ksthuated receipts 12,000. Market fair; heifers 32.40C5.30; calves 16.5068; loylprtino steers 86.9066.86: P™r to medium 82.9065.9), stock ers nnd feeders 83.2564.25. GIBERT & CLAY * *• ALABAMA (T. STOCKS. BONDS. COTTON. OKAIN. corrcc. provisions MEMBERS! ATLANTA. OA. *" -““bb c>3i.uttU|jc.|eow wiicumm - — ■ «nd Lonfl DhUnd R. FAGAN. M.n.s.r. ALONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone, Main 858. ATLANTA, GEORGIA. nc»l ,tOfk of Urd tl n Ssptomhsr last fear. In that month tho »rd stork* hero decreased #0,000 tierces. Isst wash's exports of lard, bowerer, wars quite (ratlffln,. Prlrste Wire to Ware & Inland. C'hlrsito, Bent. 11.—The wheat marks! still hns general nebllltj. Homo of our local trsdsrs srs becoming bullish on corn. The ticker safe corn trade light. Ben nett liousht a little Us- corn. Crowd led by Wagner Is bulling corn r “■ oats. Itosenbsnm selling It. Commission houses hujrlng oats. Crowd and wheat traders also buying. Helling Is on resting orders. Provision list opened about to lower. Weaker hog, market at yards and general commission Imuse selling feature. The buy ing wns beaded by the National Tacking Company, which bought lard; also some orders that looked like packers by aereral commission houses, Valentine Is back In town and n liuybr of wheat. He has taken 550,000 bushels ot May and December. Offerings not lurge st moment. Cudahy Packing Compeny selling January ribs through commission houses. Market Chle'ngo Inter-Oeetn: Contract stocks In Chlcngp: Wheat S.M3.T33, corn 78,183, oats ’Total ’stocks In elevators In Chicago: Wheat 13.#83,000, corn l.W.000, oats 4,17#.00O. The output of all Chlcsgo packing bouses has grown greatly daring the Ism thirty days, nnd, according to an authority, tna sales of all products are now back wbera they were before the agitation last spring. The exports of one of the largest packing houses fell off 20 to 30 per cent for articles which do not represent more than 8 to 10 per cent of Its total business. It Is the opinion that the packers will havt the best rear for earnlnga In their history. Thla la be explanation for the recent strength la Swift shares. A Liverpool house cables: Honthesstern European corn crop prospects continue ex cellent, gnd while crop estimates arei un doubtedly very much exaggerated there k no doubt that bumper crops are likely to be secured, end tbit the export surplus will exceed thet of sny former season. ^ Jones and IngUa have covered five corn states, and say If the balance of the crop Is the same In Wrmnvy they, tiavs covered the crop will be 8,000,000,00# bushels, and probably more. A crop expert who has been through Indians and Ohio says be tas found very few Helds that will *“ #0 bushels to ths sera, and many will go 80 bushels and over. Ordinarily corn In Ohio and eastern Indians Is out slid shocked and a very small percentage of It Is shlppml. About 25 p«r cent of the form land In the territory covered Is In corn, which sversges 70 Imshels to the sere. Private reports from abroad were very bearish on corn and oats. A Hamburg letter said there would be no business front the Pnlted Htstes In oats this year, as the Oer- tilsn crop Is a large one ami of good qnsllty. Reports on corn confirm previous advices of large offerings from ths Dsnublso conn 'ftftitson gni a large bnyer of wheat In SI J?itmemKJli'”a'in^ that foreigners wert offering to resell durum wheat bonght nv ceutly st 5c a bushels higher. GIBERT & CLAY’S DAILY COTTON LETTER WHEAT OPENED Took on a Fair Degree of Firmness Soon Aft er Start. Chicago, Sept. 11.—Prices were well sustained In the wheat pit, where the resting spots showed advances of 1-80 3-8c for the day in wheat. Corn and oats were not fully held up to the top prices, the former clos ing 1-401-2C higher and the latter was up 3-401 l-4a Hog products were unchanged. Cash sales of wheat here were mod erate; likewise st the seaboard. Sea board reports 3 loads wheat; 1 load of corn and 80,000 bushela oats. At Chicago thera were (5,000 bushels wheat, 70,000 com and 55,000 oats. Primary receipts of wheat 1,102,000 bushela and com 154.(00 bushels, com pared with 851,116 and 7(8,000 bushels, respectively, a year ago. Clearances 200,000 bushels wheat, 15,000 bushels com and no oats. CHICAGO GRAIN MARKET. Open. WnEAT— Sept 89J Dec. . . . 7W May. . . . 75$ 41* Previous Low. Close. Close. 72(1 7«« NEW ORLEANS. tures In New ( isFT; Nov. . . Dec. . . Sfe:: ;^ h ’. £loitd steady. g Is th Tries ns today: TL 9.12-13 9.14-16 9.17-18 9.25-26 9.31-33 9.38-39 9.52-64 9.10 9.14-16 9.1(5-18 9.19-20 9.27-n 9.33-36 9.41-43 9.64-66 OATS- Dec. ... 20* Dec. ... 211 Mny. ... *3! —UK— ^ . .16.60 Jan. . .12.92*4 LARD- „ Hept. . . 1.45 Oof. . .. 1.62*4 ssr MP' CASH WHEAT- !8t St I! 1 7.67*4 8.45 8.50 7.57*4 Bfe »» . . . (.32Vi «.3rt4 «.» (.30 7.00 New Orleans, Hept. It—Liverpool cable, indicated that the market's Improvement was doe to buying for Egyptian and conti nental Interests, and one source of Informa tion was of the opinion that the linreeu had I wen discounted and that a lower market would follow. Options- olotjed « to 7 points higher, while Increased activity marked the day's trading In spots, Mles aggregating 10.SW bales. * points higher. A large portion of the trade contends that tea much stress has liecn laid upon the lieniish aspect of the ginning flgnres. The la made that the comparatively Urge nt of cotton ginned to Keptemher 1 docs not necessarily foreshadow a hamper yield, lint that In renllty the Utcness of the crop, elsewhere than Texas, la made clearly evident by the small number, rela tively speaking, of active gins operated and the fact that the total glnnlnga In Texas alone were over two-thirds or the gross amount recorded. Today's market was bare of Interesting features. Exporter* were reported as grxd buyers of eontraets, they tielng nnshle to procure spot cotton, lint the trading for the meet pert was attributed to the scalping element However, n notable Improvement has oecnrred'ln the market's undertone, for ns long ns unfavorable rrop reports are re- reived and the weather remain* wet and unfavorable for picking It doe* not appear probable that any marked decline wilt oc cur. Imt on the other hand an advancing 1 tewleney Is looked for. CHICAGO CAR LOT8. Wheat.. Porn.. .. Oats.. .. Hogs.. PRIMARY MOVEMENT. The following .gores give tbs primary movement of wheat and corn: Wheat—Iteeelpts today 1.162,000 bushels, labels last year. todsy 448,000 bushels, against 611,500 bushels last year. WEEKLY WEATHER AND CROP REPORT Alabama—^The weather wts partly cloudy with frequent scattered showers and near ly normal temneraturea. Ralna were locally excessive on the6th and 6th and cntiaed tome damage in the northeastern part of the state. The weather was warmest on the 4tli and coolest during the latter part of the week. Arkansas—The mean temperature „„„ about normal. Tho precipitation was above the normal In northern countlos and below In moat aouthern counties. Ilaln la needed in some southern counties nnd clear, sun shiny weather la needed In moat northern counties. Georgia—Tl\e mean temperature was from 2 to 4 degrees above the normal. The pre cipitation waa generally light and unevenly distributed, none occurring In portions of some eastern counties. Heavy rain occur red in weatern counties on the 6th aid 6th. Louisians—Light, scattered showers oc- ™rred every day and In a few localltlca the rainfall was heavy and generally below si.?** t l»P« r «tttrs waa above VE 11 ! *, nd the aunahlne about ths normal. moch c,oud ) r « n ‘ 1 sultry weather. The temperature waa uni form, averaging from 2 to 8 degrees above the normal. Showers were frequent, but ■— •■oevsnly. distributed, being generally In the rent ml nnd southwestsrn counties and light la the northeastern and southwest conntles. North Carolina—Henerally tbs weather as fslr and pleasant. Thunderstorms wore general on the 3d. Ths rslhfsll wns shout ths normal; the mean temperature was slightly sbovs th ennrrsl. Oklahoma and Indian Territory—The mean temperature was slightly shorn nor- msl, and the precipitation was consider ably shore the normnl. The forepart of the week was cloudy with light to copious -•—“-I. The latter pnrt wns clenr and Cnrollns—Tbs mean temperature ove the normnl. Tho precipitation was below the normnl except In the ex- treme northwestern portion. Thsre was ample sunshine. Easterly winds prevailed. Texas—Showers occurred dally, being most numerous dnting ths forepart of the week. The rainfall was excessive, except In the southwestern extreme counties, wbsre It was below ths normal. Ths mean temperature was normal or slightly above normal In northern and eastern counties and below normal In the southwestern conntles. Tbs wst weather has caused damage In soma counties. Tennessee—^The week was warm and showery with the mesa temperature shout ( degrees shore the normal. The rain was very rsrlsble, being heaviest In tbs middle and western counties, where It was locally excessive. TIPS FLASHED From Wall Street Prlvote Wire to Glbert Sc Clay. New York, Sept. 11.—Daniel Odell & Co. Would buy stocks on weakness. When the money Mtuntloii |M‘nunu».s thoroughly dear we may aee further advance, but until then we expect a trading market. Marshall, Spader Sc Co.: Unless today’s market departa radically from n couserv tlve forecast It ahould show strength In noarly all directions. The advance In Cop per metal and the action of these shores recently suggests a strong speculative move ment having for Its basil the possible in crease in dividend. The coalers appear .un der much the lame influence, and local traettau atocka promise activity. Talk of 7 per cent Atchison and atrong market may carry It higher. Prefer Erie, Beading, New York Central nnd Copper. The New York Financial Bureau saya: De velopments over night do not Indicate any change from the policy of specialty Im provement which appears to be driving un new lenders snd turning from tho old horses. We would maintain n neutral posi tion snd carefully watch efforts we saw yes- terday to let out n little stork on the good news In Issues which have been bulled by the large Interests vigorously and which’ mnst hare long accounts of considerable proportions. This general policy, conserve lively pursued will, we believe, give vory S ood results. The point to remember la hat the fundamentals nre simply Irresisti ble aa regards higher'prices ns soon rl money situation surely right* presentiment holds of gold Imports are preventives—they nro nothing more. They prevent a stringency, but we do uot believe they provide us with funds at a rate reasonable enough to carry on a broad bull market. They mny come Inter on. We can see no reason for n real bear market, but we could understand n raid on the pres ent list. The glgnntlc harvest nnd the enor mous corn crop promlsesd mean thnt scion- ‘ rmlng will procludo nny bad years j we have experienced In the past. tie cautions for the present and do not neg- eet fair returns Would buy stocks In on weak spots and put out on bulges, Think Steel preferred, Canadian Pacific and Mis souri Pacific will eventually go higher. Just a little profit taking going on, which seems to be catching some stop orders. Rumors of an extra dividend com ing on Air Brake, and buying of it is said to be based on this assumption. Wrenn Bros, are selling stocks all around the room. Oates said to be heavy seller of Steels. ‘ rlvate to Ware Sc Leland. New York, Hept. 11.—London shows small advances In Americans, but the general market Is heavy on expectation of a rise in the hank rate. More gold will be Imported. Think, how- ever, that money will hold rather stiffly for some days... , Bullish talk Is as prevalent as over, but na regards the high priced atocka. believe some caution should be exercised, and would only buy then on ahnrn breaks. It Is n question as to wbeter Atchison will go on a 6 per cent basil or not, nnd under the circumstances the stock looks above 110. .. Is not positive ns to whether Steel will show nny Improvement, and while senti ment Is bullish on ell steel groups, would think It advisable to accept profits on ad- STOCK MARKET Trading for the Day Was of an Eminently Profes sional Character. CALL MONEY EASIER Attitude of the Bull Leaders Continued To Be a Passive One. 4-, Fuel, Republic Steel and Distillers. London settlement began today and trans actions are now for new account. London market generally heavy and low er. fearing advance In bank rate on Thnra- London expects further gold engagements for New York today. Itcpuhllcnna win In Maine, but with much reduced plurality. Martial law proclaimed over large part of Cuba nnd nmnesty proclamation withdrawn. General advance In prlco of steel ex pected In near future. Car aho~* threatens ever Thirty-nine roads for the fourth week In id! New York, Sept. ll.—The stock market to day displayed n reactionary tendency nl- uiost from the start. The trading was of an eminently professional character, and, as the professionals were benrlsh, the prices reflected their operations. The attitude of the bull lenders cnntlnueil to be ft passive one. Their recognition of the undesirability nt boosting stocks ;it the moment gave the room speculators enough encouragement for selling stocks. The government crop report wns received nn n mntfer of course, and dis regarded by the traders. Similarly addi tional engagements of gold In London did not stimulate the market In the slightest dnrlng tho forenoon: Coll money loaned at 6©8 per cent, with renewals nt 6 per cent, but many rumors of calling of loans be tween rertaln banks. New York, Sept. 11.—The stock mar ket opened Irregular. Brooklyn Rapid Transit waa up 3-8 In all and Louisville and Nashville was up 3-8. Smelting was off 1-2; Southern railway, 1-4, and Reading 1-8. # Union Pacific lost 5-8 In all. Colorado Fuel nnd Anaconda unchanged. Atchison lost 1-2 net. As usual, when tho sentiment Is bearish there were ninny more or less depressing rumors, one of them being n serious Idtch In the Great Northern-United States Kteel- Ore deal. The Western contingent was ac tive on the selling side, nnd though from time to time there were slight rallies tho trend wns downward. After n demonstration of strength in the early dealings the ninrket became wenk. nnd prices for the grenter part of the first hour moved downward. Thpre was soma disturbing gossip n!»out nnother hitch tho orp deni thnt accompanied the drop 1 *r♦ ■;«1 N"i’Mi*’in and th*- S'ccl stock trading element on the ore rumor g< turned to tho hear parent lack of stij about 20,000 shares. Governments unchanged, regular. Other bonds lr- COTTON SEED OIL MARKET. against gold Imports. Government crop report of corn 90.2, against 68 las far shows condition last month and 81 Indicated crop 2,- 790.000 bushels. Indicated total wheat crop W,CU.CM bn%h els. Twelve Industrials advance .05. Twenty active railroads advanced .04, LIVERPOOL GRAIN MARKET. SOUTHERN EXCHANGE Oldest Established Office South. COTTOH STOCKS BONDS GRAIN Ground Floor Gould Building. Dally market letter and market manual mailed on application. NORTHWE8T CARa The following figures give the northwest care today, last week and lnit year:^ ^ Todsy. Week. Year Minneapolis. ...... 107 239 443 Duluth. . ....... 475 21 267 New York. Sept. 1L—The market for cot ton Beed oil was very nulat but ategd/. There waa Rome buying f»r October and .No vember, but the disposition to wait for tho government report on cotton Influenced operations considerably. The fact that tho South In not offering new oil freely had quite a little Influence on sentiment, but on the other hnnd n largo crop of cotton. In excess of 12.000,000 bales, would mean n big crop of seed. Oil stocks, however, nre so low that the entire consumption for th«» year will hnvo to be out of new oil. Tbo market nt the eloso wns quiet, with prices unchanged to l-4c lower. Sales for the day aggregated 1.800 barrels. October 600 at 34 1 *: November r»no nt r.lc; Iirct-mber ion nt 30*Jr. and January 700 nt 30*4c.—Ware Ac Leland. Opening, rinsing. September. ... October November. . . . December. . . . January. . .' . March Mar closed steady. 30*. GATES PARTY SELLING New York. Sept. 11.—It wan reported today that the Gates party waa selling- This party has turned on the market, If such rumors la true, for they were bulllah thla morning, advising the pur chase of Union Pacific, Erie, Reading, Brooklyn Rapid Transit, Steels, Fuel and Distilleries. It la reported this afternoon that a large amount of com mission house tradera hnve been sell ing out long holdings. They are dis gusted with the failure of the market to bull. « TRY A WANT AD IN THE GEORGIAN LJ. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Correspondent’s Capital 3250,000 REFERENCE. THE NEAL. DANK PHONE I4IT. PRUDENTIAL BLDG COTTONVcRAm, ^ROVISIO^StOCKS? BONDS, ft*. 2 Will St., SelertJMUH»9, Athnfi, G». for fsrft Coffee fidiigr. Chicago Board ot Date. Maw Orltant Cotton iathango. Chicago Stock Eachango. Ihtrpool Cottoo Aaioclatloo. New York Collet Etchango. Private Wires to Mew York, Mow Orltoot, Chicago. 0. C COTHKAN, Manager. toll Phono 120. .Standard Phm HUBBARD BROS & CO., meSnts Atlanta Offices. 219-221 Century Building. Members New York Cotton Exchange, New Or leans Cotton Exchange, Liverpool Cotton Asso elation, Chicago Board of Trade, New York Cof* fee Exchange, New York Produce Exchange. Buslnes* solicited forthc above exchanges. Direct wire service. Correspondence invited. Phones 454, Long Distance 39. A.S. Huatace. Mgr. ' ATLANTA NATIONAL BANK " ATLANTA, GA. C. E. CURRIER, Preald.nt, A. E. THORNTON, Vloe-Pre.ldent, H. T. INMAN, Vlc-Presldent. QEO. R. DONOVAN, Caahlar. JAMES S. FLOYD, Ant Cashier. Capital $500,000.00, Surplus and Undivided Profits $500,000,00 We Solicit Your Patronage. 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 in our Savings Department. Safe Deposit Boxes For rent in our vaults in the basement of the Empire building for only $5.00 each per annum. Absolute Security and all Modern Conveniences You should not be without one. We invite you to call and inspect them. Title Guarantee and Trust Co.