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THE ATLANTA GEORGIAN. 11 AT THEMING j Undertone Steady on Cover ing Induced by Heavy Rains in Oklahoma. I cables UNFAVORABLE Ruving Later Was of Good Character and Prices Were Worked Up. York. S«P*. 11.—BuitneM •* the open, h. ot the lix'o! cotton ninrket thl« morning fi?. Irtlro Tie undertone w«» Heady on E£riu Mand hr lottrjr mine In Okla- £2* ntherwlee, however, the weether •Bn Inna !n the South were favorable. The rf.„ rullnea of eentlniont wove rather beer- kJ'.H come of the larger ehort llnee were Unreecl . • . , The Now Vork cotton mnrket opened 8 to . Mtnti lower, December ebowlhf the de- JiiffS s point* In *ho fleet hour tint op- S Ml<i ol* to 9.11. » decline of 5 point* 5Z, ye«terd«r’e cloee. which represent*} St low price during the morning. At 11 i?Sork It wee quoted *t 9.15, cren with tho ;„Hon« ctoee. Jenuery opened 3_ point* Elwor <*.211. told down to 9.10. and et 11 J «viwk woe miehengml e* compared with I Jitrfdnr clone et 9.2f. 7 Bmerti et deterioration In Oklahoma 1 bolDt received tble morning. tlrerpeol woo lower than expected and the ilepreoalng Influence at the open- lag. Comparative Receipt* at All U.8. Porte BKPlpt* at the port* today 19.017 Some <Jny laot year t ' I hwvlpfo'for four day*-- I lout doyo last your 4,809 89,963 148,067 I ppcrP.HP *«,**••«•#***•• DJ.UU8 [ Rwrints since September 1 162,728 I Same time lest year 119,910 Dccreaie *'.167,182 Semi*Weekly Movement. 1906. 1904. J Reeelpti M,g6 «.6g 8hfrmente 48,971 61.102 | Storks 80|6O4 68,782 No comparison last year. Eetimated Receipts Tomorrow. 1906. 1906. I »w Orleans 2,000 to 2.600 2,868 I (tilvfitou 8,000 to 9.W0 12,176 I Hwteton 9,600 to 10£00 10,624 SPOT COTTON MARKET. . _ price* easier: middling uplands 11 Sid; sales 7.000; American 6,100; specula- | don nnd exjfort 600; receipts 2,000; Amerl- Atlanta, steady at 8%c. hew. Near York, quiet at 9.80c. New Orleans, steady at 9Hc. 8«vnnn«h, quiet at 9ci St. Louis, quiet at 9%C. Boston, quiet at 9.80c. Houston. Hfeady at 9 6-16C. . Msmphls. quiet at 84c. (Uivtston, nrm at 9 646c. Norfolk, quiet at 9%c. Mobile, steady at 9c; i hnrlpston. quiet at 9c, Wlluilngtou, nominal. TODAY'8 PORT RECEIPT8. NEWS AND GOSSIP Of the Fleecy Staple. Private Wre to Glbert A Clay. _ Vork. Sept 11—Liverpool at 18:30 Pj ( m., 163V, down. Due unchanged to 1 at deterioration In Texna and Oklahoma are being received thla morning, lint Price broken ’continue to aell eottuu ■•el. many think It represent, short sale. The Journal of Commerce ear,: ‘•Bur- era were dlapoaed to go slowly for the day, and thla was welcomed In many houses where It was Impossible to flgure out where goods ere coming from to sim ply the needs of customers who bnve ah ready purchased nearly a full supply. There wa* less disposition shown to push goods for delivery this year on the part of sellers, soil there apiienred to he a more^eoulldeut tone expressed regarding New Orleans, Sent. ll-Mvernool 1444FJ44 down ts poor. Was due to enow an ad vance of 1S3 poluts. Western foreenat Indicates showers and cloudy weather with lower temperature! generally both tonight end Thursday. Today', map. While not altogether unfa vorable, as far aa the licit la concerned, nevertheless shows the preseuce of * cold wove west of the Itoekles, pert. If not ell. of which, according to the western fore east, should reach the cotton bolt tomor row. Liverpool cetdes: “Spinners engaged three Edited by Joseph B. Lively MARKETS Mr. Lively's twenty-five years' experience of ed iting markets In Atlanta and the South has mode him a recognised au thority In bla specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS months nheml. but mostly hedged by fu tures. Mnnnfacturtrs are short, * not buying at present prices." The following table shows receipts st tbs I ports today, compared with the same day I last jrrnr: I New Orleans, . I fitlmtou. . . . I UpMb iMrnnnah. . . . I Charleston. . . , 1 Wilmington. . . , I Stt* I Jacksonville..’ .* I IbreltsniMiuS. . 2862 10689 4518 m INTERIOR MOVEMENT. Ths following table shows receipt# at the ■tenor town* today, compared with the lame dn,r Inst year: ■ %mpbls. lit Louis . lOadaaatl A 14 iS WEATHER IN COTTON BELT. -lourty end pleaaant. Temple ■ ;u ..- ;-‘dy end pltetant. Port Worth 19?' *"!> pleaaant. Belton end Houston udy **_ r _ and pleaaant. Fort .Worth | tlear hot. . TEXAS RAINFALL. I utltMton M J Hmrl.Hn ' ::8 ;• I nH l ’! l ."V, II|, l-Nntcbei, Jackson, Vicksburg I!» ,! Io "i Springs clear end plea sent. Ye- |J»o ui r ji Mr , n4 warm. Hattleaburg I £t’v" n<1 .!>!•*•»»*. Meridian clear and I Albans petfly cloudy and hot. I gjkth partly cloudy and plaaannt. Tupelo I cZ.. Am " r .7 pertly cloudy aud warm. | c;. ’.," 1 Hailehurat end Brookhaven PR.Md hot. fflrssfe. ‘asrss as I.W clear and hot K erria-Uacon end Bhvannab cteer and '• America* pertly cloudy end cool. V' 'dear and holr Colnmbna partly r, rn ned laet night Atlanta- pertly I '-"wj and warm. WEATHER irTwHEAT BELT. I iSSt!"* S’orthweet—Partly clondy, with IIKi J lo,r * r temperature; 84 to 44 Ewilw-at-Cloody and cooler; 46 to 68 I ml■'"erat rale* and Howthweat-Oeperally cloudy [• B ? to Bbove; general rains »Kansas; local rains nifl v'l Illinois. ^ Wlley-Ckgi; « to 72 above. Brokers who usually trade for the leading New York bear have been steady buyers all morning. Galveston wire*: “Morning papers full of deterioration reports of damage by rain, weevil and worm*.’’ Heavy rafna are reported today In north Texna nnd the territory. Market la Improv ing slightly lit consequence. The eastern forecast Indicates generally fair weather throughout tonight with prob able acattered showers and thunder storms tomorrow. Exporters have been good buyers In this market. The volume of business, however. Is very small, but the market’s undertone Is much Improved and sentiment leans more favorably toward higher prices. A dispatch from Yoakum, DeWItt county, Texas, says: “Cotton has been coming in nnd being marketed aa rapidly ns gathered. But few are holding their' cotton.” Private Wire to Ware k Leland. New York, Sept. 12.—Liverpool opened inlet 102 down. At 12:15 p. m., r lown and quiet;-sales 7,000 spots. 8 at 5.61d. Futures due to come H01 up. Cotton In New Y'ork opened lower on poor ibles, with selling orders general. Some local buying, but not tqnch charac ter to market Looks like It might drag lower. Cotton steady on some local ahortt cov ering. ~irpenter, Baggott ft Co. salt: “The ex- ts of cotton for the last season, as pared with the seasoh ending Septem ber l, 1906. were quite small, and now lead to the belief that the stocks In spinners’ lands In continental Kurope are not as arge as has hern expected. The trade up to recently, both professional and public, hhvo been apparently willing to accept In good faith any bearish news nnd talk slwut n record-breaking yield, but #here seems to With weather condition* nnd Intectg, bo we lave reached a turning point where the tears, of which there are not so many, have got to .prove their bearish claims. In stead of the bulls having to prove up their position, so.lt looks as though we would nave higher prices, and with the natural went her disturbances generally prevalent between 8eptomf>er 15 nnd 2S, a good ad vance may be realised.** „ .. New Orleans. 8ept. 12.—Cables were, un favorable. Futures are down. Instead of up. ns due, and spots are small. Hero, of Lehman, BteviS ft Cfc. yesterday offered to bet Brown $6,000 that Adcf 7**per y cent* acreage’ ’increase! i^’ioolooi Crop, If condition same as last year 12,000,000 Add 7 per cent bettor condltlon.... 800,000 CYon Indicated by bureau. .... .12.800,000 Visible supply September 1 Spinners' stocks 1,200,004 Total supply.. .. .. .. 14.9 The net stock of cotton In New lesns Is 17,181 balee, against 45,856 last *Tbe amount of cotton on shipboard Is 8,110 .bales, against 6,176 last year. NAME OF STOCK. Amalgamated Copper.. . Atlantic Coast une. .. . American Sugar Kef. .. Anaconda American Locomotive.* do, preferred. . . * Auier. Smelting Ref. * do, preferred. . . • Atchison. Ami. Amer. Car Foundry. .. • Baltimore ft Ohio Brooklyn Rapid Tran.. • • Canadian Pacific Chic, ft Northwestern.. • Chesapeake ft Ohlo.v. . • Colorado Fuel ft Iron.. • Central Leather do, preferred Chle. A Great West’n. • Chic., Mil. ft St. P. . . . Delaware ft Hudson. ,. • Distiller’s Securities. .. • Erie .. do, preferred General Electric. ...» Illinois Central. . . . . # Amer. Ice Securities. .. • Louisville ft'NashvlUe.. • Central 1 Pacific. .... , NAME OF STOCK. N. Y.. Ont ft Western. . Natloual la.*ad Northern Pacific New York Central. ... Norfolk ft Western. .. . < Fenusylvaula People's Gas Pressed Steel Car. . * • do. I Pacific 1 Heading. ... Republic Steel Rock Islaud do. preferred United States Rubber. . do. preferred. .... Southern Pacific Southern Railway. , . . do. preferred. .... Sloss-Shcffleld Teun. Coal ft Iron. . . . Texas ft Pacific Union Pacific United States Steel.' . • , do. preferred. . . . • . Va.-Car. Chemical do. preferred. ..... Western Union. ...... Wabash ... do. preferred. .jconsln Con* ' do. prefers Total stocks sales today 1,066,400 shares. m iSSB NEW YORK. The following Is the range turps In New York today; Sept. . Oct. . Nov. I Jan. Feb flKV:: cfoMfl t.rely ftetAj, a ims[ 8.89-91 9.00-02 9.13-11 9.20-21 9.M-28 9.35-86 9-46-48 & 18.90-91 9.02-03 9.16-17 9.84-25 9.80-32 9.89-40 9.60-61 LIVERPOOL. close, compared ... Futures opened quiet nnd eteeay. Opening Previous Range. Close. Close. September 6.17V6-6.15H 6.16 6.18 Sept.-Oct 6.04 -6.08 6.03 6.06V4 Oct.-Nov 4.96 4.99 4.99# Nov,-Dec, 4 # # • .4.98 4.97H 4.98^ 4.99 Dec.-Jnn 4.99 -4.98 4.99 5.00 Jan.-Feb 4.99 -4.99H 5.00 6.01 Feb^-March S.02 6.02 6.03 Msreh-Aprll 6.04^-6.03 6.04«i 5.06*4 April-May 6.06 5.07 May-June 5.07*4-5.06 6.07*4 6.09 Closed barely steady. NEW ORLEANS. The following Is the range In cotton fu tnres In New Orleans today: Sept. . . Oct. , . Nor. . . Dec. . . Jan. . . Feb. . , March. Ma; El 9.14-16 9.17-18 9.26-27 9.32-84 9.89-40 il T5» 8.12-13 9.14-16 9.17-18 9.25-38 9.3183 9.88-39 9.5244 NOTES ON GRAIN Pointers on Provision* WARE & LRLAND'8 DAILY COTTON LETTER. Now York. Sopt. 12,-Followln* the recent nuranee. there wee another netback on profit-taking end ahort aelllng during the enrlr trading In cotton thla morning, but later on ahort covering and buying by pro- feaatonala In an effort to bring out amoe- thlng of a rally carried the market back to within 2 or 3 potnta of reaterday’a high level. On thla advance again cotton appear ed to b* for Bale, and for amue reaaon or other there waa not the outatde buying neceaaary to encourage operator, with the .lability of valuta that (hey ware willing to enllat on tho long able to an extent that would ahkorh cotton for aale and carry on tho rlao. Around 9.M for De cember there wn« n large quantity for talc, and-while there waa an evident da- alre to buy on any decline, thla did uo irw^ffinra* bsnj? u In the buying ordera that would aupport extonalre crop deterioration. Uenorta from ninny aectlona of the cotton bolt indicate that a record yield la being gathererl. and while thorn la th# normal deterioration, there I, ao large a crop growing that It la an open qneatlon whether enough hall- leh aentlment ran he engendereil to tiring nlKmt a bull market until after the greater percentage of the crop haa been marketed. For thla reaaon, we look for a trading market without very much change In ralnea f„“ n time, or, at leant, until after froat danger la over. THE 8UGAR MARKET. fo^prompt'r'lSp'ineiita 8 point a to 4.75 net. leral per cent for caao. All other Dnerlea are .till quoting 4.80. I/K-al raw augar market atendy and un- rhangml. London beet market Ann; Sep tember 8a lOHd. WEATHER' FORECA8T. Georgia. l/uilalana. Ulaataalrm!. East Florid* and "’eat Florida anil Xlalminn— Bhowera Wedneaday and Thurnday; light Eaat W Texaa—Scattered ahowara YVednee- day and Thureday; light to freah aouth- ”we.7 l Texae-Fnlr Wednesday and Thure , ;, : kri'LShS^ po 7iSr TEStSin* ^HUnola^howere^tnnfgi’t and Thnradoy; ”Tndlana^F*rt?y clondy tonight: ahowere and cooler In northwest and central por tions; showers and cooler Thursday. 11 Wisconsin—Showers and cooler tonlfht, Thursday fntr In west; showers and cooler “’I To. lowa-Showera aad cooler tonight and to- morrow. GI BERT & CLAY 1 «. ALABAMA «T. COTTON. 0**114. corrcc. provision* ATLANTA. OA. I of Trad*. on Awoelatlon Cotton Exchange — r,uiimi>b ■ - Ual and Lon* R. FAGAN, Manaqar. >NZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS ipire Building. Bell Phone. Main 858. ATLANTA, GEORGIA. Private Wire to Ware ft Leland. et>?‘!ril£' 8e l't- U--Tho Wheat market at •he close yeaterday showed a heavy nn- dertone, and there la nothing In light thla morning to atraogthen the alfuatlon. **!•>• ooru and oata on email dip* .O? 1 "?* A'*" 1 ! 1 * r " 11 Htfht trade. It M^:i„;?v. r e7 r , n u°\h\ , T.c? 0 ri nc,rn * d - crow*?. i'*nfey ^Banaf aLnt'th?oiily l> 9,llar of conacquenco. —Record-llerald: Dlacouraglng coudltlooa were reported Uat night liy ifenf- era In cnah wheat either for milling. «hlj>- P “« A r r° r * h .' flr "t ,lnlfi •» the i ftorlof the grain trade out of Galvraton, all of the warehouam there were Idockeii yeaterdny, the Iloaenbaum wnrehoueo tn'lng blocked aa completely aa thoae of the Ban" ta Ke ayatem. On account of the dull demand, there w*a no aggreaalve bidding to the country l or 'Tjej’v, ■? n ip of tho grain men predicting that Duluth cargo*, would ulti mately be Iwonght to Chicago if the curreut movement continued from the Interior. Export aalea of Dnrnm wheat for the crop year to date are animated by cornpc- tent^nthorltle* at between 8,000,009 aud 4,- h'rance continnee to hny a few oata In ie_ United State* Few itlnulatlpua are TRADING ON CURB W£AK_F0R WHEAT Bulls Not Frightened Gov eminent’s Figures on Spring Wheat. Chicago, Bept. 12.—The grain list was quite strong with coarse cereals lo the lead ns price makers. Closing prices showed wheat unchanged to H0*4c better. Corn H0*4c better; oata were up %0ttc and pro visions were np 6018c. The oats situation overbalanced all else In the markets, and carried wheat and corn with It The world's available supply show- ed Increase of 8,878,000 bushels wheat, 968,- 000 bushels corn and 560,000 bushels o*ts for the week. A Broomhall, Odessa, cable " ~ * ~~ * ire 2,- there bush- tim Unite*l Few stipulations are ‘ J* 7 s&jrtiJBPB A w :d u There**. S-Assw. alto a ahortaK* aa compared with laat year, of 20,00“*~' • • • r - of Germany. and northern Iluaeln are el . practical fallura. Northern Elevator Com- oata In aplendld condition. Valentine waa an o and Mny Wheat on claimed ho waa an aquatiy irer aeu the cloae. Tho group of nqrthweat — followe-l nbout ram* Uctlr* early and late. Forelguera cohtliiue very Indifferent Imiffa of wheat on thla aide. Conrineqtyl IMi were reported lie lower, by New York houaei, and the domeatlc demand very limited. Liverpool made no reapond to the aomewhat hnlllah crop flgurea on tho ■prlng crop. The aeaboord reporta only three boot loada export hualneaa. The cnah wheat hualneaa In Chicago waa 40.000 Imahela, Including 25,000 buabeli No. 2 hard for export. Cnah broken re ported an unuannlly good demand fm chicken feed atork; ileaTera rnnmetlng with mlllera nnd elevatora for the offering* Cnah com waa (40Hc higher, with Mia* of 80,000 Imabol* Oata were 000 buahela. . At the aeaboard, aalea of whMt 24,000, com 8,000 ood oata 80.000. 8,000 In. Bradatraet'a world' creoae. Friendly to wheat, com and oata, aentt meat nof nearly eo hearlah: packer, aup porting provlalona. Heptemlier and Oclo lier arc good conamnpUr* tnoulha, and price likely lo be held up to Inanre good caah price*. GIBERT & CLAY'S DAILY COTTON LETTER New Orleana. Kept. tt-Urerponl waa allgbtly dlaappolnUfig on Ibe opening, prob- nhly due to longa covering In a narrow market, although foreign newn la extremely acaree. One prominent Liverpool hmiee in- hlea that aplnner* war* engaged wall ahead but were protected hr nmtract* Option. In the net reaultn 1oal nbonl l point, while apot tranaactlone were I point* low- er, aalea amounting to 7,000 hale* Datertie ration report* continue to come In, althongb It muat lie aald that they Inaplre anooSt initftequatp to nioro than maintain existing level* Nevertheleoa, aentlment In favor of high price, baa Ime* materially en- the fall price* a lied by apot holder!, find It more expedient to purclua* contract*. Today'* map la not In Itaalf unfavorable, yet a cold wave, preceded by ehowera, la Indicated a* approaching from the north- weat. TUe wealern licit airendy baa had tn.1 much rain, and picking In that por tion of the cotton dlatrlct ban lieen ma terially Interfered with. Numenraa com- iilnlnta of damage to open holla hare re- iinlted. and the raroge* of cotton 'leatroy. Ing loaecta aa yet allow no algna of ahat. Ing. Altogether dlanatcheaaij far lean encouraging, and only the weight of freely moving new cotton, with clear dry wenthc* can remora or laeaen the change In public aentlment. COTTON SEED OIL MARKET. Kew York. Bept. 12.—The market for cot ton need oil waa acttTe and alrong for all dellrerte* Beptemlier advanced lo 88c. Oc tober to 36c, and there waa liberal trading In January. There wa* good bnylng hy refining Intereata, and It we* Intimated that conalderablo of the demand waa Inly ing ngalnat egport trade. In connection wlfb ahlpinenta from Maraelljea. Spot area very flrtu and aold at 38'4c. Notwltnatandlng the -* —oft m cotton, thers was sn*l reports from the of moderate offerings of seed reports of unfavorable nnalltv ... at the dnee wea etrady, with ’ific-^Dacvml-cr 1 800 !t anse. ll» ■» *)He and 800 at Me: January 800 at 8Me and loo .t Mc and Mar 100 at fce ami 100 at 32*4e.—YYsrs kJ/niDq, steady. lutb and Corn clo „_ , sn»l hog products quiet. The seaboard reportwl 6 wheat and corn nnd 60,000 _____ At (.'hlcsgo, 7,000 bushels of wheat, 26,000 bushels of corn and 60,000 bushsls of oata. CHICAGO GRAIN MARKET. for todsjr follow: Open. High. WHEAT- fc §& U C^)RN- Rtipt.... Dec..... May.... OATS— fiept Dee. Low. Close. Close. ft SI i. 2% * I S5 R R 'IS BepL. 1«!«7t4 18.0744 18.80 18.8744 18.5744 Jan.... I9.ini J2.97« 18.86 12.90 U.M a? bl n m Bept:.. 9.79 8.85 8.73 8.16 8.70 Oct.... 8.48 8.5* 8.46 8.8244 8.4T44 Jan.... 8.92‘A *.96 <1.90 <.924{ 8.90 CAHII WHEAT— CHICAGO CAR LOT8. Wheat.. Corn.. . Oats.. .. Hogs.. . 7» 28000 PRIMARY MOVEMENT. The fallowing figures give the primary movement of wheat and corn today: Wheat—Iteeelpls 867,000 bushels, against 1.018.000 bushels last year: shipments today 316.000 bushels, against 609,000 bushels Iasi year. Corn—Receipts 1,094,000 bushels, against 963.000 bushels last year: shipments today 454.000 bushels, against 338,000 bushels last LIVERPOOL GRAIN MARKET. Corn—Opened unchanged; ai He lower; closed unchanged. st 1:80 p. m., CROP QUESTION STILL UNCERTAIN New York, Rept, 12.—The Sun asys: The wind-up of the market was st a small de cline. Tho drift of prices for a time was upward, though things even then were not altogether to a bull's Ilk! >P i ng. But the Llver- raarket was higher, the snot sales r__ .. ke } h , (r nM . good buying there Increased to soroethfng like time volume, there was pretty 51189“ fujujuv, iuwf wa* it ran/ iwi here In the early business, and the weekly government report, so far as Texas at least Is concerned, was not quits so colorless os usual. Bulls Insist, too, that Monday’s port by the government on the rondltl of the crop Is to be regarded as a distinct. bullish document and kept In mind as such. Theodore Price, however, did not seem to regard It In thnt light. If It Is true that he sold Decemtier very heavily, and It was the general understanding that be did. Not only that, but some were so bold ss to say that he had become a bear for a turn. Europe and the Booth sold. Room traders were sellers. The weather was favorable and the weekly government report waa of a cheerful nnd promising character, so far as anything roald be msae of It. And, though nn early decline was recovered nnd a small advance was established for a time, the ul timate direction of prices waa downward. The net decline for the day, however, waa very small. It is likely to be a narrow or- feaalonal market for a time. More light wanted on the crop question.—Glbert New Orleans. Sept. 12.—The Tlmes-Demo- erst says: With vocal gladiators nredoml- movement begins to approach — mum. But the farmer will be heard from before then. In fact, he has already shown part of his hand, nnd a firmer tone In the actual cotton market has followed. Spin bios of tho exporter loses much of Its bear- lsh aspect. Surface students of the staple persistently Ignore the new era Influences that challenge the speculator's every move by making manipulation more difficult through the development of Individual and S lice live force aud confidence among tbs raters st Issst—ware ft Leland. $2,000,000 GOLD ENGAGED, New York, Bept. 12.—Heldelbsck, Jcbel. _elmer ft Co. announce that they have en gaged 82,000,006 gold In London for Import. NORTHWE8T CAR8. : week and last yeai Last Last SOUTHERN EXCHANGE Oldest Established Office South. COTTOK STOW! BONDS 0R1IN Ground Floor Oould Building. Dally market letter and market manual mailed on application. L.J. ANDERSON & CO Bankers and Brokers, COTTON. STOCKS, 6RAIN Correspondent's Capital $250,000 REFCRENCC, THE NEAL BANK PHONE 1417. PRUDENTIAL BLDG cottonYgrai^, ^ROVISIONsStO^K^BONDS, Bo. 2 W»n St., ptfrt Building, Allan!». Cl. MtUBEBS: For Yark Cotton lubangt. CbUaga Board ot Trado. Btw Or Irani Cotton Eieliange. CbUago Sloik Utbaogt. Llttrpool Coltao Anodatloo. Ban York Coffrr Ixchaago. hlrata Vilrtt lo Btw York, Maw Orltaga, CbUago. B. C COTHBAA. Ball Ho" 1262. Slaodard Vkoai TIPS FLASHED From Wall 8treet Private Wire to Glbert ft Clay. New York, Bept. 12.—It Is needless to say the attitude of large Interests must con tinue to he friendly to the security list, aud recent reductions Id dividends of mi nor Industrials should not be taken at more than their real importance. The London market evidences further selling, nnd our market may refier* ’ -*— **-- early trading. London cables: “Reliable Information Is that the Bank of France hue arranged with the Bank of Euglond to supply gold to America.” New Y'ork market looks lower temporarily. Big operators sold stocks yesterday. The New Y'ork Financial Bureau says: De velopments over night Indicate the advisa bility of maintaining the neutral position still. Dally oners tors ought to consider the wisdom of light on any breaks and specialties will be put up, „ our news. Profit-taking oa» the money news shows thnt the large interest# do not ex pect "distributive ease’’ for some time. But the enormous prosperity nnd the strongly bullish fundamentals Increasing prohibit a bear market, and we anticipate higher prices Inter on. In the Interim the possi bilities are uncertain for the dally operator Who will do well to be extremely conserva tive, nud would not Ignore moderate re turns. There Is n great deni of manipulation golug on, nud the professionalism hereto fore dominant Is assuming the ascendancy, so that quick changes are not unlikely. Private Wire to Ware ft Leland. New York, Hept. 12.—London heavy and lower. It Is fully expected that the bank rate will be raised tomorrow. The sending of United .States warships to Ilavnnu brings the Cuban question Into prominence and la n bearish factor. Look for further Umildntlou, and while rallies may appear, tulnk they should be taken advantage of to sell on. A few specialties may be brought to the _ ont, but the mnrket displays heaviness and certainly would only buy them on sharp breaks nnd for turns only. Dow-Jnncn’ summary: American stocks In London heavy, H to \ below parity. First car through Pennsylvania North river tunnel today, n yenr ahead of time. Cuban disturbances continue. Steel rail mills now making shipments at rate of 300,000 tons a month. K u £ her Goods ssy no possi bility of dividend on common stock this year. Home demand for stocks In loan crowd. Hendon settlement proceeding satfsfactor- Chances are strong that Bank of England will advance Its rate tomorrow. .Seventy-two roads for July show an aver age net Increase of 17.75 per cent Nino roads for tho first week In Septem ber show an average gross Increase of 16.25 per cent. Total value of nine principal crops of the United States at price of December options, £alc2\?G*d °n government crop report, Is 82,896,720,000. .Gold engagements against deposits and alresdv in transit total 830,000,0(50. Further gold engagement expected today. Southern ltnllway earnings first week of September Increased 870,022. Twelve Industrials decllued L02 per cent Twenty active railroads docUnsd .32 per cent. TONE IS WEAN Turned Strong Immediately and Many Material Gains Made. IN LEADING ISSUES No News of Definite Charac ter, But Stories Deals Were Revived. lower range of prices and sold stocks •lore at the opening. General expectations were that the Bank of England would increase Its discount rate tomorrow. Tak ing Its cue from London, the market to ny opened lower. There was a feeble By, and the reaction was .resumed, Read ing being me of the conspicuously heavy stocks. For the first time In iwrvcral days there was on the wsy down what Ik i called |—-* *—*— - '*- - '‘ailed good buying, nnd after the first hour ♦he general list rallied. There wnn uo at- loterost* that were active In the recent advance, tho principal support came from the re^ulrementg of the room short Inter- offered at the MM* Interesting news was tho re port that the Bank of France would re- lease gold for shipment to America in ney was freely offered at t __ In the gold Importing nlti tton, the moat Interesting news was tin? i f trading. After the weak opening In the stock mnr- et, trading was alow and hmattaf for nsted, there __ hlle good baring was ap parent all over tha room. Th«*rM was no of a definite character, but stories of — announcements were revived and found many believers. Commission houses were^ moderate .aeljers on tha recovery. ' CROP CONDITIONS ARE IMPROVING Bpmlal to Tke Georgian. Newberry, S. C., Sept. 12.—The ex- ceaalve rains during August played havoc with the cotton and corn In thla section, much of the fleecy staple rot- tlnc and aproutln* In the bolls. Since the sun ha* been shlnlnx during the past ten day*, however, the crop con ditions seem to be greatly Improved. It Is the general opinion that a larger and better crop will be made than at flrat predicted. L. J. ANDERSON A CO.’S DAILY COTTON LETTER. Kew York. Bept 13 —The New. York mar. ateadled price* and caoeed an aHvenclL. tendency, ltaporta from the licit continue to contain cumplalnta of deterioration on account of wet weather, boll worms, wee. vtl, etc., but the trade la very akeptlcal of damnf* reports from tha Bouth. They hare learned to regard them aa colored to suit tho altnatton. However, the weather xas territory ana i« mnd freeetng la just beginning to be qnlta atlook nnd wntlinMit U valla over th* Texas territory and temperature to nroand - nnova. Hhnrts ar* beg nervous over the outlook _ lieeomlug more bnlUsb. It would only lako a Tittle real unfavorable weather to eauae quite a stampede to the bull aide. 4Ve continue to bellove In purchases on the receaatona. LONDON STOCK MARKET. BTOCKB— Anaconda... Atchison Canadian Pacific.. Chic., kill, and BL Paul.... Brie Illinois Central,. .. .. Loulavllto and Nashville,. Heading ’., ■•.;•••: Union Pacific United Slates Steel do, preferred THE COFFEE MARKET. New York, Sept It—The coffeo mnrket opened steady at uachanged prices to a decline of 5 points as n reault of rather disappointing cable* nnd arnnll receipts, while the .finance of any farther advice* tending to confirm the rumor* pnliUsInil yeaterday of prograsa In valorlxatlon af fair! was also a feature dlagppolnlliu; to some of yesterday's buyers aud promot ing .acaltared liquidation. On the other hand, fresh bullish newa waa at hand re garding new crop proapcct*-aibort A opening THE DRY GOODS MARKET. New York. Bept. 13.—The dry good, mar ket wa* ateady today, with buyers dlspu.od to proceed alowly. The restriction to pro. a m caused by the abortorc of labor , mills haa brought about aa linn In many Hum of gorxla. noi January February «•.: lay Ju uo July Augait Hoptembar October. . . . November.» ,* *< Decvmber.. .. .. CImc<1 ateady. Opening. Range. 6.80-6.85 ... . W-fl.9 5 .100-7.06 7.10 i. . . .7.15 , ....6.65-$.70 .. ,.6.65-6.75 . .. .6.76 *•' mvh.ht. 6.85- 6.90 *?.?•) 6.!*r» 6.86- 7.00 7.00-7.06 7.06-7.10 6.40-6.46 6 4!» 6 50 H.506.66 6.56 6.60 THE LIVE 8T0CK MARKET. Chicago, Bept. It.—Hoga— Estimated re- relnW today 25,000. Mnrket at'*a<ly; bulk toft ovor 2.937; light imj™ $6.10*» 6.6); mixed 35.8006.56; heavy IS.86^6.to; rough 8S.3f.-5jf.70; pi a* 85.6SCf6.4S; vorkera 80.wW.6O: good to elmlco benvy 86.6<HW.0O. Caitlf—T>tlmntM receipt* 29,060. Market steady to 10c lower; quality fair; bnovea 31.2604,30; brifan 83JWP' w; go4>d priino *te*rn 85.30 indium 83.S)0t>.26; sto«*kcra ...llty fair: untlvc 83.2fyff6.70; tvattafn l kTO; yearling* 86.7606.60; lambs 84.7.V£p il wesUrn i4.D0d.2T Frauk Hawkins, President. H. M. Atkinson, V. P. Thomas C. Erwin, Asst. Cashier. Joseph A. McCord. CasMer. B. W. Byers. Asst. Cashier. Third National Bank Capital Surplus Milton Di _ John \V. Grant. U. Y. McCord. . . . . $200,000.00. . . . . $300,000.00. DIRECTOR81 Frank Ilawkics. H. M. AtkU.—n. Joseph A .id e Cord. J. II. Nunaslly. J. Carroll Payne. B. B. Rosser. David YYoodward. WM. L. PERL, President. THOMA8 J. PEEPLES. Cashier. ROBERT P. MADDOX, Vice President JAMES G. LESTER, Assistant Cashier. 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. CAPITAL, SURPLUS AND PROFITS OVER ONE MILLION DOLLARS Foreign Exchange, Travelers’ Checks, Brown Brothers’ Letters of Credit available in all parts of the world. 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.