The Atlanta Georgian. (Atlanta, GA.) 1906-1907, September 13, 1906, Image 11

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— THE ATLANTA GEORGIAN. THURSDAY, SEPTEMBER IS. 1909. AT THE_ OPENING geavv Sales of Spot in Liv erpool Was a Sustain ing Influence. gpOT IS IN DEMAND NEWS AND GOSSIP Of the Fleecy Staple. rrtrnte Wire to Ware ft Ulaod. '©ft 8< *P t - M—Uverpool future* opened quiet and utu-baiigetl pu .the near ? ni J l U P ou tote. At 12:15 p. in., unchanged U» % down and nnlet:. Hale* 7.000 apota; un- PhaiiRed at 5.51d. Future* duo to coiuo uii- changed to 1H down. Cotton opened higher on good cable*, with bouae demand, which ab* aorl>ed lo<‘nl offering*. Undertone good. New Orleana la buying some cotton bore. »J«* Jf • jrxxJ buyer ot J an nary. Weld selling October. farrott, UifforU and flick Bros, good buy- era. Carpenter. Bagget & Co. any: “We are fnat coming to the |>olnt where the price “hd market for the actual staple muat fur- nlah the l>a*j* for the option market, and with the holding tendency of the planter futurea almuld work to a more natural partly with the marketable stuff. Alto- Edited by Joseph B. Lively MARKETS Mr. Lively'* twenty-flre years' experience ed. ltlug markets In Atlanta and the South has made him a recognised au thority In bis specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS if T~ aether prerent conditions favor price* work- He South Is UlieriDg opar- »hf ^n.^ndj We would favor Operations ou ingly and Stiff Prices Are Asked. thio well known cotton buyer and eminent cotton crop statistician, died yeaterdn; evening at 6 o'clock, the result of belnj ■truck by a atreet car at noon. Tho opinion omong some brokers here la lat exporter* who nre short.of cotton for epteniber shipment nre covering lu the Uverpool «|N»t market. The market Is nervous and want* to go up. but It has no solid atreugtb. What York, fept lt-The local cotton Jfket opened steady. There waa an active nd * for OetobTO from abort Intereata, TiJthl.. with itood cable, from the l.lrer- j£i £ark»t, *dr*u<»J price, here. Llmprol at the opening wa. .Iwat ». .X- &S usn "oATerpoS'. .howln* Kew York wa. tn »lmw unehanped price. at the open- Vn- Initial prlc^f. however, were « fo 7 "fita I letter; and a. Liverpool .allied iu Sn iieili aa the session prottreannl the cloae £251 Yn .drone, routine from 4H to V the tone In Sew York .trentthen Hd at II o’clock the advance had reached 2 tlt || Hot. ovar yesterday * clow. from the crop In Tex*. wa. lb dominant factor. In that .dvlee. from that Sfo. elated that th. cron wu In had . . . ■hale' from rain, and crop-drotroylhf In- nnd the rain, continue. writ ' I. 1C.SM halo* .taint. 40.477 at Ihl. time la.t year. The amount of cotton ou ahlpbonrd 1. mo hole, ncaluat 6.419 la.t rear. The followlne circular baa been/received from Tom B. Owen, k Co., Port Worth, Tea.: “for the post month we have ltad rain after rain through north, northwest, west ern and central Texan. Tho early cotton aa a rule hail abundance of fruit on It, Around the noon hour there waa n .light motion on hoavy selling by door traders and .not Intereata In effort, to check the .dmare. The naitertone. however, was itMdr, price. Wtl sustained by a food drunad for spot cotton, the South offering mrlnglr. Receipte at all I*. 8. porta today 11,870 •taw day laat yaar..... »M64 II lint: 1111*1 III Ml Ilf III 111. It tlj llllll nil II. whleh haa been badly Injured by waavll nnd "Vorm. The late cotton is all gone to stalk md will make nothing comparatively. Will say. never In our experience have we aeeu inch deterioration. Prom our own a and from other source, reliable. It loo If our crop will not exceed laat acaaon ilns continue. We arc practical . tp has The situation to t treme.” a promised. Although some rain la shown on weather map, It cannot be called unfai NAME OP STOCK. Atlantic Coast L American Sugar Hef. Anaconda American Locomotive.. do, preferred. . . . Amer. Smelting lief. . do, preferred. . . . Atchlaoa . dm preferred. . . . American Cotton OU, . Amer. Car Foundry. ., Baltimore lc Ohio. . .. Brooklyn Unpid Trnn.. Canadian Pnclltc. . . . Chic. & Northweetern.. Cheaaiieake A Ohio. . . Colorado Fuel k Iren.. Central Leather „ do, preferred. . . . Chic. & (treat West'o. Chic.. Mil. & St. P. . . Delaware * Ifmlaon. .. Distiller's Keeurltlem. .. Erie agfertSSkv;: Illinois Central Amer. Ice Heeurltlra. .. , Louisville k NashvtUe.. . Mexican Central Missouri Paclllc NAME OF STOCK. .a.llil.Ilill Xavllfl, . » a e Northern Pacific. . . Now York Central. . Norfolk * Western. . IVnnsjrf Mh People's ... . rreMUMl Steel Car. <lo. n refer red. . Pacific Mall Southern Pacific. . Southern Itnllway. (In. prefer ml. . Sloss-Shofflobl. . . Tenn. Coal k Iron. Texas ft Pacific. . . Union Pacific. Western Union. Wabash do. preferred. . Wisconsin Central, do. preferred. Total stork miles today 1,078.200 shares. Private Wire to (Hliert & Clay. York, Sept. 13.—Marshall. Spader & Co.: This morning's trading should l>e on strong lines, and It ta consistent to ex pert strength lu the routers and trunk Hues. Some spiHrisl price movement Is noted In Missouri Pacific. Rublier Goods. f>^aa yacltlc Brooklyn Rapid Tran- sit. I.aridn? reports are of a kind to promote strength lu these shares. Boklnnd rote advanced to 4 per cent. This was expected. I.*x»k for further Improvement today, bat would only buy on weak spots. Books like Southern Pacific nnd Union Pari Ac will lend the market. Don't see anything «|»eelal this morning, though. London cables: “French gold assured. Bnnk of Ktiglnud rate Increased to 4 M»t.“ Bank of Km nee stipulated should be llm ited to 4 per cent. Tin* New York Financial Bureau i -be scarcity or stocks when bidding mences after a decline shows the Hi tlon of liquidation. Information ts bullish ami has eontluued so. We would un qualifiedly be for a big bull market, with nioney permitting, but ran not conscient iously recommend it with the money mar ket as It Is Just now, though money r •* - Is strong. The nank of Huglaud dently does not wish to lose more gold by Its action today, but we think Kurope will have- to deliver more goods before finishing. Storks that return well now or prospectively on the Investment are lielng absorbed by shrewd uieu to hold for Invest ment, but speculation turns only occur iu other Issues. We sdvlse the same method of procedure. If the outside element could l»e assured of money for carrying rlu for a reasonable length of time not ceding 6 per cent, we l>ellcve the reserve buying power would simply take Tho list from the hands of the large interests nml the manipulation now manifest would dis appear In n virtual whirlpool of specula tion, hnt until that time comes we ad vise conservative action. NEW YORK. The following Is the range tn cotton fu- ttiros In New York tr*-— a! it I 1 ! Jj I E a t. jsept..: r. x- gel o. gee m . Fab lie March. . . . a. May Hi 9.11 9.19 9.27 9.41 9.66 8.9i 9.03 9.13 i*.r. IMS 9.61 ft >.u A 'ilio 9.83 8.91 9.n 9.25 9. XI '8.47 9.6! Tfe 9.604)1 m •5.32-33 9.38-43 9.47-48 9,58-59 8.80-82 8.89-91 9.or»82 9.13-14 9.20-21 9.26-28 9.35-36 9.4C-4S grrrlpt* for Ave days., fame days l#*t y«*r.. Decrease .... €6,909 Receipt* Since September 1..... ,.154.048 fame time Inst year 854,784 Deere* se 170,718 Estimated Receipts Tomorrow. 1968. 1901. Orleans 9,800 to 9,000 1.81 (jilrrstiHi 11,000 to 14,000 10,992 U-JNfi.i. 9,800 to 10^00 10,827 r. l>. Freomai}, Ntv York, sends out the following “flash:" “Pries says ne es timate* tlie total ginning up tn Septeml>sr • he 1,500,1100, ngalUKt 2.85B.000 u^> to Prlrate Wire to Glbert k Clay. New York, Sept. 13.—Liverpool one ower; due about 1 down on Octobc December. Uverpool cables: “Market sustained by good demand. South is offering too little, nnd Is yet too dear for a decline.*' Liverpool Is a good buyer here. Weld a good seller, trying to check the advance. The persistence of the reporta of dels rloration In Texas encourage* covering and buying for a turn. The revision committee has made su changes In the grades. o»! Wall street houses art *11 covering shorts. Journal of Commerce: “The steady pur- ' , chasing of ipkmIs lu small lots explnjns in *—e measure the ability of sellers to trices Arm In the face of pressure being’exerted by some Jobber* who are short of goods. This kind of buying is sat isfactory to those merchants who wish to 1 conservatively, and any other kind „.ng I* Impossible for the moment, un less operators are willing to engage goods for delivery months ahead.” New Orleans. Sept. 11—Liverpool Is. as expected, nnd should not affect our opening. SPOT con ON MARKET. UvensMtl, cotton, spot business tuodrr- ih*. with prices unchanged; middling up. iinil* 9.6i«l: sales 12,000: American 8,800; and export 1,500; receipts 2,- t I* ad< lie rite r; »pi» Alin Ilf II. quiet at 9%C. New York, quiet nt 9.10c; sales 600 con* mmptlflii; delivered on contr - '* *“*• X>w Orleans, Arm at 9#-) Aagastn. steady at •%**. Ksvminnli, steady at 944c. 9 5-18c. Mohlle. steady nt 91-16c. Norfolk, steady nt M4c. TODAY’S PORT RECEIPTS. Nnr Orleans. b*br*ton. . . , SIpMIc Nsrsnnsn.. . , • Ti.irl»‘*fmi. . . WIliMlngton, . N'ffolk Hiwtnii r.i'; 12182 2018 3148 2042 interior movement. The following table shows receipts a late dor towns today, compared with nm* time last year; Hoastoi.. Anrmta. , Monphi*. Total. W *RE i LFLANO’8 .. DAILY COTTON LETTER. lor,. Rent. 11—An .Sort w tir ; , ult jhB market Ju,t prior to ™ ln«t nlsht, ami It waa exprotinl that £*" r " 'ronlil Irf. put ou Liverpool Ihl, Thla preaaare turned to aupport, “ ,l1 ' 'lemniid In Uvorpool mdeilnljr lm- ffij.' 1 ' , 1 ""' Btatwul of a (Iodine alirood. mivanced mare raplrlly than at aajr .VS. " wanta. On the rlw. atop-loa, were enrounterrd. and ahorta cov- k.t i “ *“ cl * roluum that tho whole mar- EL'S* to jrnw adlve In thla city ami J," "rienne aa tho morning wore on until t!.k? V7 * om - 196II (Hilnti orer loot * a,e aeameU to lie all ab- -i™-i. and thouah renr a*riv.rirr meao- LT" *'' r " taken to iirevrnt on (irtrance, Er? -'fept up, and (he market .bowed a iW. »"' rMn - 'krouahout the day. .Opera. J™* *er.. nu a more exlendnl ovale, and ((uproreil demand for rollon from trade JEt?;.*' l, He It did not attract petieral ■jjjoliilie Inlying. nererthelrM crTOled ill. 1 .ntnnd for futurea to rhauo . weak tone of ron.ldvraule KJ2JI" 1 - An extenplve xatlalled abort In. IU . V Trirln dlrodlana la now a men. »nd .honld price, adrnnee mneh fur- 25t, ", '• -louldfm whether thla Intereat RS' mMiitnlued without coreriun. nner ih„ clrcnm.tnnrra, cotton aeeni. To * Purcharo nu noft apoto. South I, door nnd much nliovo parity nm ore anxlnua." New York wire: “Boara still hamm,rin* WpIiI .clllnx Octolier." The Western foreraxt Indlcnlea partly doudy waathor with probalde .bowers an<T thumlar .torum tomorrow nml probably Fri day. A dlapatrh from Temple. Tex., aaya: “llnln I. an every-day occurrence horn Bow, It hivlnx .howored heavily for the past Ave connecnflve daya. There haa practically liven no picking nvcouiiillstivd durlu, tho pn.t ten day., nnd If rain, .top rl.ht nmv It will be a week liefore nome Held, enu be entered and nt len.t three iloyn before nny of them can be worked on." Our travettna correspondent wire, from Conleann: "Bill, eoanly h«» (ood crop nl- ronily inane. With favorable wenthvr would moke u liirne crop. Heavy rnlna the past month did mnvh damaire. Made erop late. Waxnhatrble (o roralvana. *ood crop prac- tlvally anurnl. No damafe so f.r from weevil In this section, but havo appeared; iadly. Movement light." GIBERT A CLAY’S DAILY COTTON LETTER New Orleans. Hept. II—The Improvement and wall maintained snot demand, rraulllne lu wiles Unlay of i:.Mlo bale, at michanaod price., w.s a dl.tlnet feature of the for- elan market. Opt lout closed at an ndvaneo of 7 polnla for near positions, while the Inti nnre of the list wa. t to 6 point, ' '-i— < ’olile. were liulllib, and were of tho that tho decline should not be folio' No analyala of market condition, shook eliminate th* fundamentals of supply and demand, but In making price, now for the { ear It must lie done with a very Imperfect uowledxe of throe fundamentals. At this lime ef The year, when the new crop Is IB the making. Inmiencro naturally dnvnlvo upon th, character of tho weather. Three weeks ago prospects for a bumper crop were never liettor, lint In tlw laps* of that pe riod of time there he. occurred unfavorable rlrcumatancM sufficient to diminish mnte dally the optimism then pravtllluf. Tho transposition of sentiment la not a convul sive movement, but gradually thrnuah a r proves,, hampered by dnabts nnd frora, cnantre taken place, and thus today thn ivitlnn trade Is Indus a clianse of opinion, sllsht, It uiny lie snTil. but nevertheless a chans. Indb nllve at leant that thej— -* liolle? has found bnlrmcat somewhi prices hi cent n pound hlsher were J n month nso, when little, If nnythb orcurred to mnr rxlstlux brilliant prospects, there would be little doubt of their correct ness now, when deterioration Is known, nud which even thn moot skeptical admit. Tho Inference to be drawn from tho sovern- ment's flsurro of slnnlnss to the (Irst of Roplomlier Is that the cotton In tho early section baa rapidly found Its way to market, and this In a measure account* for the mar ket’s unwIUlnsna* to respond to th# argu ments In Its faror. Thera doe# exist, how ever. sn excellent demaad for cotton, nnd the full price# asked by holder* alouapra, rents n satisfactory adjustment of a trading basis. Whnt. then, inny be the l n /lc» _de- diiril,in to bo drawn from these Infe Namely, this, that the tendency market for the near future ahoubl ward until either the amount of damage re ported Is proven overestimated or that the unnlv of cotton should more Ihnn pror- ulncfent to fulflll tieedwl nmulremcnls. PRICE CURRENT CROP REPORT. Cincinnati, Wept. H.-Week favorable for ,-orn, but with continued good weather, Bnsl reault* will likely show yields sliov, last year. Plowing maklngjiood progrro*. Parking H6.000, against J70,Wf a yaar ago. , GIBERT & CLAY *•«. ALABAMA COTTOk. » ATLANTA, OA* k ExrhsngafNew Orleans Cotton Exchsng*.|Chle*go R TSgg rliig®:: Ss:i K BlsmssSS®* •a«*I and Lena DliUnai Talaphone*529*1' V/. R. FAGAN, M#n*n*ft alonzo richardson & co„ PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone, Main 858. ' ATLANTA, GEORGIA. LIVERPOOL. Th** following table gives the o|ten!ng range and close, compartMl with yesterday's dose: Futurea opened quiet and stead; Opening Range. i’revtoua Close. Close. September. .... ..1.15 -5.15V4 5.2244 5.15 Sent.-Oft 5.04 -6.034S 5.10^ 5.03 Oct,-Nov 4.99 5.0444 4.99 Nor..llec 4.99 -4.9844 6.04 4.9844 Dec.-Jan 4.99 -5.no 6.0444 4.99 Jan.-Fob 6.00 -4.99 6.05 5.00 Anrll-May Mar-June. . . . Closed steady. . .6.0b .5.081 5.07 5.09 5.0444 0.1444 6-08 0844*5.6744 5.12 5.0744 NEW ORLEANS. The followliiff Is the range In cotton fu< i % a ! II 1 reoi;V fept Oct .... Nov Due .In ii Feb March. . . . May. . . . •JO 9.24 fi.ii 9.47 9.67 9JH '9.28 9.37 9.50 9.81 0.23 9.17 *9.2i MO *9.43 9.67 9.28 9.21 IS •On 9.61 9.21 9.23-24 9.25-27 9.27-28 9.36-87 9.41-43 9.4*60 9.61-62 P.13-16 9.12-13 9.14-18 9.17-18 9.26-27 9.82-34 9.39-40 ! 9.63-65 NOTES ON GRAIN Pointers on Provisions. Private Wire to Ware ft Inland. Chicago, Sept. 13.—As the wheat tunrkel gains In steadiness, It also gains fn friends, and the buylug power is InerenslRg from •lay to day. A good advance Is due ns soon as a fair bull motlv# appears, nud this may come from the general tendency to hold tbelr wheat sa shows by the fann ers. Corn nad ants still look good. Bartlett, Frasier ft Carrington ore buy- after them from the opening. Minneapolis stocks wheat decrease 575,- 000 for lire days. There Is a sharp call for 8epteral»er coru from brokers nnd l»lg general call for September corn from brokers and big gen eral call for May by commission houses, lootla leading: offerings scanty. Cold weather, but cloudy, haa not relieved tho fears or the trade tbii some of the crop will be caught, as fhir wenther Is pre dicted for tomorrow. Oats firm on buylr by Rankin. Home Inc by local bulla led lung of May by Waffi, Market now steady, "Oats’aud ’corit y.ry atrong and gaining friend*. Hemand for Itercmbev ont# goodT Provlidoui Arm to a shade higher. Do- mand for caah moat* good, lacker# buy ing . Pork la higher ou commloalou house buying Hmaller pecker. Mid lard mod •rnteljr. Market look* hlghiur. Cudahy brokor. idling October lard. Guod cu.lt reported tor lard aud menu. Private Wire to Glbert k Clay. ro^r.S’ron^'u.Jfy'-wJr'oLMt "Vroririmta aftjd hlfkV °j< .**» hWwj bog. and on good rod buylng by commission honin'. The Octolwr lied ‘bat waa for wile at MO yeiterday baa been ab sorbed this rooming. John Cuilaby la bur Ing November lard. Short, coming lu Sep- temlwr pork and Swift supplying the dt- “prominent Mlnneanoll. eUvator conrern. say report, on aprlng wheat are dlron iminttng, lH»th a. to qnnllty nnd ytalu- Area covered by report, no f.r reeclyed nul Urge, but come. Ann location, when cirfy Indication., nnlnUd to bumier yield.. More or lea. .hurt relunf of jnnonry provl.lon. I. I»ln* done on the throw ot low-priced corn at the end of the year. SPOT DEMAND IS INCREASING norrow^dnctnn'tionl'the'm.rket'endivlYt'. featprea which JiSniSTfS ijIIJnoIS tlon In futures. Rome decline In Uverpool, the stringency of money here *nd at tht South, some sales here to hedge cotton, the favorable weather and apparently the op position of Theodore Price and epne of lus Rdiower. are obstacle, to any decldwj ad- vane*. But when It cotneajo the actual demand tbs real cotton the altuation Is different. Not much difference, to be sure, from what It baa been, but atilt there are some signs of an Increasing demand for the actual staplt. .Neither the foreign nor the domestic spinner seems to be quite so Indifferent n« be '!*! r rVSt report was laaued on Monday. Cartaluly tbeapot tranaactloM In Uverpool bav. aud- ,leulv InrrenMd, the foot demand at tba SES'A In reported largro nnd report# nre current that the Southern plantar .hows a disposition to' hold hart hla eotton. That the cotto# good* trad* I* proaperona on Imth aide, of the water I* wail known. If suvthliig Should happen to the crop we may f<Xk to Sro a .mldcn Inctroro In the demand of the actual cotton aid a no leaa sudden Increase In the desire 00 the pert of *borfa and others to buy futures. But for the time being the cotton ap^tdaUmj. It^muat be owned, l» a pretty Ume affalr.- ft Clay. New Orleana, fept. U.-Tha Tlmes Demo- crat ^aya: Nrither spot market teudenciM nor the crop weather outlook favored the short, but New York operators sold enough WHEAT OPENED A LITTLE Commission Houses Good Buyers, While Selling Was Scattered. Chicago, Sept. 13.—Sentiment on wheat towed a bullish feeling with ‘ higher for the day. Tt sldoruble L)eceml>er sold which by the May option. Exporters th?caua*.*thereof being found largely la the telegraphic advices from trustworthy per- ions at each luterlor root markets ns Rhreveport, Natchea and Houaton. the «»*»• - ^ ' a fair aaiapls: “UnaW* to bay eveport, Natchea and joined bc|j _ Sued I>e|»g a fair aampis; imam* to way bale so far; territory tributary to this rni must have all the ahorta la the world. »rchant« are getting 9 to t44e for every- town Merchants thing.'' mure encourageittMt Bull* fror the Ocl*- lu-r ninveuicnt. Brora do not Ilk* the stiff w Int.rtoc opotibuyera ara roaiMtM ta Meanwhile th* atnlu oa tb.riug.ld* when I* begluafu* fo tell.—War. k Leland. LIVE STOCK MARKET. nth.ro be hlgbjr: quojlty fair; lift uvtr t£m« ^@*7lgb^ttw gaud tn choice heary IC.SMC.C llatlle—K.llmated recript. 7. 3!*he'lfail rorre* '|S.50<| iurA.ejsvr'sST^^.'B.ss (artBapajQM lamb* ILKiis.W; western showi»d a bullish feeling with closing prices *— There waa con- waa repluced rtq>orte*l bus* turns iu grain as nuu. t oru closed <44Cl44c lietter.- Oats wera up %G%c. l'rovlaloua 6® 2744c higher. Cash markets atesdy, with oats fraction ally higher. Cash stiles here 25,000 bush- -heat. 110,000 bushels corn and 96,» jard; th bushels oats. rrimary receipts or wheat 823,000 bttsn- els; a year ago 1,047,000 bushels. Corn 589,. 000; a year ago 450,000 bushels. 4’learanees were 695,000 bushels wheat, 240.000 bushels corn aud 44,000 bushels of oats. CHICAGO GRAIN MARKET. p i for today follow 1 WHEAT??' 11 ' Sept.... 70M 70S 70 ifci P m Rep?.®. 47% 47S 47 Dec 42% 42% 42S ^ I IRIS Hept. 17.00 17.06 16.96 16.96 16.6744 Jan... 12.96 12.95 12.90 12.9244 12.90 LABD— sjp ii 1? m m 1.9744 I.9S 5-90 1*62! STOCKS REVIEWED BY NEW YORK SUN New York, Hept. 13.—The Hun snya: For the flrat half hour of business yesterday t! stock market waa depressed by a return tlon of Tuesday's selling movement, whle... however, did not seem to lm so much In the nature of liquidation ns of speculative op. elation* for the decline. Tne ease with whleh offerings of stock* were taken led Anally to aome buylug tor the purpose of recovering stocks previously sob! when It was discovered, as close observers of the The history of the day's market thereafter was only that of nn advance which begau at first In the shape of a slow hardening, but ended In eager «nd excited buying, bout an exception, every active atock In the 81DEfr~ Hept... 8.85 8.8744 Oct.... 8.6244 8.60 J 'fahh wheat?* 2 ”°- LIVERPOOL GRAIN MARKET. Whr.t—Opened We higher; at 1:» p. m.. unchanged to He higher; doeed unebnugea to Uc •ulsher. Corn—Opened He klaher; at IM p. m., ,e higher; doled HGHc higher. prTmahy movement. movement of wlient and corn Wheat—Bedpt# (C3.000 btiebela, agalnet 1.047.000 bushel, la.t mi; .lilpmcnt. nl. 000 Itudiels, ag.lu.t 671,000 bn.licle la. ,< "orn-nccclpti 6»W hu.ltel., .gain; 460.000 ba.bcl* la.t year; shipments 191,00 . . . -ihel. laat year. Iiuabeta, agalaat 600,000 bush NORTHWEST CAR8. gum glee the nt : week and lait year: {“* 1 l r% CHICAGO CAR LOTS. Wheat.. Corn.. .» Oats.. .. Hogs.. hlbltlon ot Htretigth *« that the rise lu th« market was along the broadest possible Hues. Flual prices were little. If any, be. low the highest of the day, and many of the prominent* stocks made galus of more than 2 points. The strength of Uulon Pa cific auu Southern Pacific waa aa much as anything else the feature of the trading, allfuK— ----- - now < , _ the flunnclnl dlsl. son for the rise. enttrse lu the ease of Union Pacific that the stock will sell on Friday with its new llshed 10 per rent r _,„, somewhat lesser degree the same argument waa used Ju the case of Houthern 1'aclflr, although\ the forthcoming dividend on this stock will not be taken off until Octobor L— Olbart ft Clay. COTTON 8EED OIL MARKET. Naw York, Sept.. 13.—The market for oil waa dull and steady. Orders were not In evidence, and both buyers and sellers ap- ttenred to lie waiting developments. The hesitation In the eotton market, and un certainty as to the slse of -the crop, ap- liearerl to lie the factors. Another element * heaviness Is the prospects for a bjg id with the Inrr* TIPS FLASHED From Wall Street New Hept. 13. don mixed. Advauce lu Istnk rate to 4 per cent was *~ardly ' * L - - — Hankers will have to look to Paris for * 815.000.000 to 820.000.000 may lie •ont that source. \ very ImllUh tall: on Union Pa hern Pacific. Atchison, the Gould ieels nnd Coppers with « jh»**I i big advance in Hmclteri. A fe- roflta nn long Stocks and wool old only buy •rtallse. Norfolk .and nk of Franca will relsasa buatneaa of United Rtntes Steel r reach 8700.000,000 In current year. Ixport demand for coppi*r coutltuiaft Unltad States warship arrives at Havana, where situation la considered more ae- First trip made through Pennsylvania orth River tunnel. . # Home demand for stocks in loan crowd. Wabash reporta heaviest car movement In its history. Twenty-two road* for first weak of Hep- tember show a gross Increase of 12.19 per cent. minx rate ac BxiuH'ted Bai 815.000.000 gold, uroaa buslnei _ tnnee nl»out 823,000,000. urthor engagetnents expected. Twelve Indiistrinls advauce<l 1.85 |dt Twenty active railroads advanced 1.15 per ocof LONDON 8TOCK MARKET 8TOCKH- eorn crop, and with large corn cro| October. November Docfuilier, at the cloae waa malar, with >er at 31c.—Ware ft Inland. Opening. Cloalnr. a*r 31444132 3I8i«M2'.: er SI 03144 2V <tiv\ Anitcoiidk.. Atchison. ....... rnnndlnn Pacific.. .. .. Chic.. Mil. and 8t. Paul.. Erie Illinois Central. . . . . . sNilsvIllo and NatbvIUe. . tending .'ennsylvanla. Southern J'nclfle. Union Pacific. . .. .. United Htatea Steel. . . do. preferred THE 8UQAR MARKET. New York. Kept. 13.—The domestic ami refined local sugar markets unchanged. * *—•*—*-— “i; Oc* n WERE THE RULE Resulted iu Mirny Sharp Ad vances in the First Few'Miuutes. TOOK PROFITS LATER While Pool Manipulation and Buying by Baukera Caused Irregularity. New York* Hept. 18.—The advance In tho Bonk of England discount rate from BW® 4 per cent waa In line with the more fa- rorabls anticipations of the financial com munity. Its effect bad plainly been realised liefore hand In the rise which occurred pre vious to today In the open market money rates. Tke security markets were, there fore, prepared to take t!W view thin morn ing tost th* action taken might have l»ccn worse and the comparatively moder ate advances which the directors saw tit to make was a sign that they old not regard tho money outlook with uuy serious alarm. Two million dollars more gold whs taken In London for Khfoment to this country, sod this comprised practically nil the liewa. American Mock*, however, were generally higher abroad, and operations for the rise were accordingly renewed nt the Ing here with considerable ctithu- u. After the flr«t half hour, during •h advances were general, the market lKH*ame more Irregular, nml It was evi dence that under cover of the general good feeling occasioned by the turu lu the motley situation stocks were being freely distributed. The Stock umrket was fuU of buying or- ■ers at the opening on which advances were made on ninny Khnrcs in the Hrnt few minutes. In the later trading realizing sale*, pool manipulation and hanker* hoy' ' ' - k|M><]*1 purposes caused mixed to, and the market for the greater - ' itrut h*otr wiis Irregular. Southern Paclflc mode a new high record. to 94%c. The II1H stocks and _ Ismucn were urtlre on tho belief , that some definite announcement regarding the ore deal Will he made when Judge Gary arrives In this city. London sold THE COFFEE MARKET. New York, Hept. 13.—The coffee market opened nt unchanged prices ou July, but generally 8©10 point* lower in re*t»on*e to tower cables and reports of rains lu Bra sil. Trading was quite netlve on the ••nil, and tbare were Mwah rumor* in circula tion regarding valorization to counteract the lM»*fl*hnr*a of the UecUnes In tho Ku- ropean markets and the more favorable weather advices. Leading roasters worn good buyer* here with Kurope selling.—GI- iWt.ft Clay. f5rV coffeo market for Msreh.. .. April MAy.. . June July August.... Hept ember. Octolier.. . ! 'fovetnber. IHN*«*ful*er.. Closed barely steady. , ...4.75-8.80 . ..4.904J0 . .6.86-6.90 . .6.90 ’*• "row. 10 . .4.204,45 " ::S:StS ....6,60 NO FAILURES REPORTED. LotKlon, S»pt. 1»—Tit. fortnlfihtlj >"ttlr- ment has made smooth progress. Today Js tmrday. nml no fnllure* three been re ported. The hank statement was regard ed as very fair In all elrcuinstanees. nud there la Ires apprehension regarding the money market. i nmiar,. . . . . . . . si AMH ir,v:-v:-.v;S& Si! Closed steady. SOUTHERN EXCHANGE outsat Established Office South. com*—STOCK—BflIDS—(Ml Ground Floor Gould Dultdlnc. Dally markat letter and market menunl melted on application. L. J. ANDERSON & CO jankers and Brokers, COTTON, STOCKS, GRAIN Correspondent’s Capital $250,000 REfKRCNCe, THE NEAL BANK PHONE «41T. PRUDENTIAL. BLDG COTTOnVg^AI^, ^ROvtlSIoSs.HTOCKS^BONDS, Kit Wilt St., frtrn C.IUUj, Alt„U, Cl. tnmusi Krw T,rt CitlH Itlflilf, C»lt„,«lir4,f7r,4.. «,■> Orion tillM tichifi. MltiiiSlKktiikiiji. Uurptat Cotton Atiocittion. Htw lark Catfia SithiBff. frlnh Wlrtt ta Hew York, Mow Ortoaos, Chicago. B. C COTHMAM, Mtnaqtr, Bon Phoao 120. StaadarAPboai HUBBARD BROS & CO., MERCHANTS Atlanta Offices, 219-221 Century Building. Members New York Cotton Exchange, New Or- leans Cotton Exchange, Liverpool Cotton Asso ciation. Chicago Board of Trade, New York Cof fee Exchange, New York Produce Exchange. Business solicited for the above exchanges. Direct wire aervlce. Correspondence Invited^ Phones 454, Long Distance W. . A. S. Ifustoce. Mar. ATLANTA NATIONAL BANK ATLANTA, GA C. E. CURRIER, President. A. E. THORNTON, Vlee-PreaMont. H. T. INMAN, Vloe-Prasldent. GEO, R. DONOVAN, Cashier. JAMES 8. FLOYD, Asfft Cashier. Capital 1500,040.00 Surplus and Undivided Profits $500,000.00 We Solicit Your Patronage. 3i % Compound Interest It the rate your money will draw If deposited In tho SAVINGS DEPARTMENT of CENTRAL BANK AND TRUST CORPORATION CAPITAL $500,000,00. CANDLER BLDG. STRONG, SAFE, CONSERVATIVE You are Invited to call and Impact eur quarters and Investigate our facilities to serve you. A hearty wslcome awaits you at this bank. A8A G. CANDLER, Praaldsnt. W. H. PATTERSON, Vice-Pras. A. P. COLES, Cashier. JOHN 8. OWENS, Vlta-Prya. WM. D. OWENS, Asst. Cashier. WM. 7. l’EKI, lVrotd.nt. THOMAS J. RnH r,uhfcr. ROIIKKT F. MADDOX, Vies Tresldant JAMES O. LESTER. Assistant Cashl.r. 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 ibe 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. wmmmtms