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THE ATLANTA GEORGIAN.
KrtlDAYT RET-TEMBETl 14,
II
PICES HIGHER
Ear lr English 'Cables Were
jluch Better Thau Had
Been Expected.
YORK FOLLOWED
Off Later on Decline
in Liverpool—First
Prices Best.
,,. 1V York, Sept. li.-Bu.Inees at the
of the local cotton market was
Llrlv »ctlve «n>i flrBt P rlces were
at an advance of 6 to IX points
■ .... with the cables, which were
L Werably better than due. Shorts
Se the chief buyers here and In I.lv-
"". but a number of commission
ffi were advising sales on a scale
f“ a! the market has had an advance
Already of “<me 40 P°! nt * f ro lD the
l0 M™nim.l ut the opening this moraine
H lSedlr and unexpectedly gooct,
JJVlne sdvilliees of 1744,5*4 In futures.
JSuftot Mil* a noted 12 polu?. up on «
Ssii" to slump shortly after the
.inns mid 'be Close was »|t iB3W points
C fhmi the t.revlous close. Spot, how-
jS^held Ks ours nee. . ,
•vI', Vnrk ope 1 at prices shew In.
I,,,, t , Mvrrnnor. esrly Improve
£,"Till" sales itlu* mad# ««U
B!!'. .... resterdsjr s nnnla. Tile open-
NEWS AND GOSSIP
Of the Fleecy Staple.
Private Wire to Ware A X-elnnd.
Now York, Sent. 14.—IJverimol
Irregular 4 up. At 12:15 p. mTsViuH
fijul qnlot: Halos 8,000 snoto 12 up. at
!• uturesduo tu come nlvoiit *4 up.
tUo'Zul.T e *W
«&"»«! was n Ills buyer of Decen
Short cover!ng due to xtfme more nrl
reports of deterioration by weevil In
Tom* of market sceuis pretty g«»od,
would rntlicr buy cotton for present.
( nrnpntcr, Bnggott & Go, my; ••While
i" IM “i h nt t ho .moment, and
It looks ns tbo lull prices would work blith
er, based oil the true value of the staple,
‘i",' llllnk commitments on the ion*
s de will prove most protltahle for the near
*lU!f fw conseryst^^Jn^nienj
sad
Lima over resterday’a duels. The open
CsLnrar. was tile highest of the morn
S' f he declfne In Liverpool Mac reflec ted
S, ilowlr sagging market, with prices
Jllloc IMilS P®nfs lower by mlddn}-.
Si rU taking advantage of a light
*1 to hammer the market, the wen
" hi belt generally, which Is reportec
_ ,,t j most favorable character, being
' ihiitlonnl Influence. The decline was
Milted mainly l« llquIdMIon by longs,
t'omparatlve receipts at all United Stole.
Ct'rerelpts at the ports today,,
fie day Inst year..'.,
jiforenw •• t? •»
Tnisl receipt* for the week.....
lime nek Inst year.. .. .. ...
prerenw 79473
T*tal receipts since September 1..209,118
Iw time last year ......
pfervaw r 181,27(J
IV" sight movement for *® e 1 ^ Hc,t $J ;
jKSli!tTla™SeJt™bir Jig
L'^slptmnl" r l'.'".' - . ".""EoIwS w'.Q
faperiateadent King, of tbs New York
»tt„n exvliange, makes the Into sight
sort-meat for the week M2.293. .gainst tfCSB
kit year. For the aensou, 316,59!!, against
Kite Inst year.
Estimated receipts tomorrow:^ ^
Jfr* Orleans ^
Istrestiin •• • .1LOOO 1
Ell"rl«a, 13,760 I
Weekly Interior movement:
fcwlpie 114,963, agnlnat 163,364 last year
SLLn™t« l W.K*i! against 124,933 last year
to rule, for the crot. is not nul. u „,,
the demand for same will e.mllnue to have
tlm.."” IIBnCe , l0 flllurc market for Mine
New Orleans, Sept. 14,-Cnblss nre fnvnra-
Ide both on futures and 'spots. The mar
ket ought to do cmisldcrahly better on these
undr™ tbtt prospects of bullish Week-end
The market Is quiet and narrow. Its
“Ursa SU far this morning has l*en dls-
mViM L§M LSrt
cotton .they can absorb. The demand fur
offerings nre quickly
Is duo to tiie fnet Vbn't'tlio crop 1
lantles Is late and exporter, who ijenen'.
ed on early cotton In that section are
forced to bid In the western holt.
It longs ns If considerable long
was coming out. which Is cheekl
is* hi ii i n in tutrr it mi mfku uu/i
ml, rnntln.titol and Hnptftn op«i
^Arthur Curroll’s Indication Is n vrqp of
The weather map could hardly he Im
proved. upon. Little rsln over the belt
Is |ndbuited, and temperatures
Private Wlre'to r.lhert A Clay.
New York. Sent. " *' '
«*>V4 qp. Was due
unchanged on near.
Liverpool cables: “Market affected f#.
▼ornbly^ by bear* covering and Egyptian
Undertone Is barely steady at the
incut, and there seems to be a pood
of October for sale.
A pood domestic und foreign demand fot
spot8 keeps the market linn, and It looks
us though the Interior will not sell on de-
cllutng markets.
Wenman, Weld, Dick and Carpenter &
Bnggott so|d on the opening.
Itlordan Iwmght October, and
son sold December.
New Orleans, Sept, 14.—Liverpool at HK
up la an excellent market. .Was due about
1 higher. Spota 12 up; antes MM la nlsq
very satisfactory.
The market does not show any snap this
morning. The western forecast I ltd) fetes
“ * 7S tonlr u * — a-*..——
Indited by
Joseph B. Lively
MARKETS
Mr. I.Ively’s tweoty-flvo
years’ experience of ed*
ltlng markets In Atlanta
nud the South has made
him a recognized au
thority In his specialty.
TIPS FLASHED
From Wall Street
I’rlvsto wire tp Glhcrt A Clay.
ck! , p,, Vo f„a,f, B l\‘; t M;e-V«ie« r t .
poet some of the lesser Industrials to fee!
tne stimulating effect of lower money rates,
but we look for best results In the more
RANGE OF NEW YORK STOCKS AND COTTON MARKETS jSS jru&tsn eanawK
Look* ns If |t would be quiet for a few
days, and If money situation ’
eventually jfo higher.
NAME OF STOCK.
Fernie Wll-
scattered showers tonight ntu Saturday for
nil of this section. Liverpool cables think
the advance in that market will only be
advance this morning. .
y’s map Is very favorable. Light
■s have fallen \n widely M pa lilted
it of the belt, but the weather Ii
temporary. . ■ .
There seems to he cotton for sale
on the advance this morning.
Toduy’
showers
portions m — - c - -——
very dear and warmer. The unexpected
Improvement In Liverpool, however, shouk
have some effect on opening prices.
Numerous Inquiries have been received to-
day from the other side for firm offer*
We understand that one large -*««-«— •—
received Overnight acceptance
000 hales.
O'BERT Va^’Iotton letter.
Nbw Orleans. Sept. 14,-I.lverpool spot
sales were again fairly large, 8,000 halea
having been trailed In today, while quoin
Ilona were market lip 12 points. Options
In the earlier trading were strong, and
showed considerable Improvement, but to-
SPOT COTTON MARKET.
Utfrpool. cotton, spot arm: middling tip
k>!< MM; sales 8.000; Amerlenu 0,600
E ilitton and export 600; receipts 4,000
rk*n 3.600. . V.
ltknia. steady nt 9o new anil OHo old.
,\.w York, ipiiet nt 9.80c; sales 476;
Bonxl ou contract 100.
Npw Orlenns, steady at p5-18c.
AnjiiMu. steady nt iKHiC.
huinnab. sternly at 9 1-16C.
ft. Louis, quiet nt 9fyc.
Houston. Hteiufy at 0£-16b.
Boston, quiet at 9.80c.
Memphis, quiet at 9 9-16c.
Mobile
TODAY’S PORT RECEIPTS. _
Th. following table shows rcolpta at the
s-» n.lay, eoniparinl with tbs asms day
fast year;
but the key to the situation lies In the
1906
1906
tar Orleans
fiilTrstiin
lol.|]o
hnonnh
Psrleitnn. . . , . .
fllmliitton
tafolk
Mtlunre
I Isstnn
Inmiwiik
'ffteiavllle
lursfianmus
3435
12832
288
7022
962
SI
10)
in
&j
638
10670
?t7I
2808
To!
1DM
Tolsl
26088
S68S2
- INTERIOR movement.
following taldc shows receipts nt the
ifitTlor tiiwns today compared with the
*Iny lant year:
1906
1906
flsnton. .
bimta. . ‘ *
tani-hU
Jj- LmU '
twrttumti. .
10365
3281
103
131
Toul
13930
13B*
.mportnnt derelophients of the day.
porters nt the moment And themselves In
a rather precnrlons position, for prompt
shipments must lie fulfilled, nnd while of
ferings are said to be fairly liberal, the
refusal Of holders to sell at nny eoneesslon
makes cotton extremely dear. The producer
evidently having much conlldence In a high
er selling basis, displays no anxiety to part
with hla product at a normal figure, thla
underlying strength at the spot situation
Imparts much henlthfulness to the rontrset
market’s undertone, and while undoing of
hedges ns contracts are filled may have
;A?rM
decided inennee to nny marked shrinkage
from present levels.
WAR. . L.lASDWOAjLY^TT,,
L t-ANDERSON & CO.’S
,°A.LY COTTON LETTER.
b ln '' >rk< • s **l , L 14.—Liverpool continued
riqtoa this morning, spota advanc-
.i lrt, ’ ,h Mnt*. Futures also opened
SSL ,>f - ,rt 6 Potato Thla atrength
» 0 r " r,, iirii market ImlucMl mirg to ppen
opening,
“SsSt
about
— „ MVIIIft
UL. »*i along nnd aanportlng or-
kjlnie. * 110,11 into the market from time
f
Light
iliis nre
rrnn n..« . o* in* om.
*Wl5l:.. p,,ntlnw * to ,H * mixed, some
•feti*. ,Lth 1 ,,K . v, ' ry fav.»ml»le prospect*,
Mi c on ’‘tare that deterioration I*
•*» •» ,hnt pro*p« , ct* are not
that "h||t» It In (enernlly l»elleve«|
he.I,*."!* l ,r '»spects nf a good ylel.l.
^ h retlnre rstlmutes, and
New Orleans. Sept. J4.-Th« twine of
nrlces was a disappointment to the bulls
Aim "morning. Iwii/cally "•’"mbar cotton
should luive sold nearer 9.40 than 9.20 on the
very bullish cable* from Liverpool, but logic
ploys very little part In tho cotton market
nowadays The hears late In the morning
mat with about the same measure of dlsnp-
polntiusnt as Aid the hulls, for they m*de a
strenuous effort to put prices down, only
to Dull their heavy offerings esgerly snap
ped up. Opa lot of 6.001 December, pre.um
ably offered on an order from New iork.
wa* aold at one prlee anil Immediately nfter
the muekot advnnend a point or two. It
seemed Just ss herd to put I'tb'ci lielow
9.20 for December *e It wea to put It almve
9.30 for the same position.
Private entdea explained the rather wide
advance In the Liverpool market, wbleh
we* not due on the flurtnntlnns In the mar
ket yesterday nt least. I>y saying that abort,
were covering nnd that local, continental
and Egyptian operators wero buying. Man
cheater cablegrams were very optimistic,
and quoted yarn, strong e" 1 ’’ ">»<
them' was morn disposition to buy In the
cloth market. Liverpool lias been the main
stay of the present advance, and the parity
between that and the American market ft
gradually widening to about W points,
which means that the ultra profeialnnal op.
orator will noon taka to aelllng In Liverpool
and buying the American markets on e big
*Th* first of the week-end IJgurea were
sSh opass i n n,oTgK« fg
rl'^.'^r/.l.nro’i St} Of
ferings from the interior eontlnueil smalt,
and sellers Still asked very high price* The
weather emild hardly have been better. The
danger of a cold wave seemed to hare pans*
ed and little or no rain was reported over
the belt In the weather map.
•COTTON 8EED OIL MARKET.
g« ptember
October
November. ...*•<
January. .......
£>"«£«
cioeed itwd>.' Siilce'400 May at !
GIBERT & CLAY
■ »T.
STOCKS. » O N O *.
COTTON, CHAIN.
COFFEE, PROVISIONS
MEMBEall
ATLANTA. OA.
cvlui reeha.g*l|few Ortenne Cotton Rxch.ng«.|ChjM|^ i II«ard^of i Trad». i
» 6*- ¥.ock
^ •"« L.„. Eicb,n ^ n. pagan,
Orleans Board of Trad
alonzo richardson & co.,
PUBLIC ACCOUNTANTS
AND AUDITORS
Empire Building. , Bell Phone, Main 858.
ATLANTA, GEORGIA.
Amalgamated Conner.. . . .
Atlantic Coaat I^e
American Sugar itef. .
Anaconda ,
American Locomotive., . , ,
do. preferred. . . .
American Cotton Oil. .
Aruer. Car Foundry. ..
Baltimore k Ohio,
Brooklyn Uapld Tran.. . . . ,
< aimdlan I’adttc. % . . . . . .
).“It*. & Northwestern.. . . . .
CheBniioaka k Ohio. . .
Colorado FweJ A Irvu..
Cenjrul Lpather. . , ,,
an, nrefeffsd. . . .
A Groat Weat’n.
{ h e.. Mil. k St. V. . .
P^tayvan* k Hudson,
Distiller 8 Securities. ,,
Erie
do, preferred. . . , ,
Genera! Electric. , , ,
Illinois Central. ....
Amer. Ico Hucurltles, ..
Louisville a Nashville..
Mexican Centra!
Missouri Psolflc.
NAME OF 8TdCK.
N. Y.. Ont. & Western.
Natl* uni Load. ....
Northern pacific. . .
New York Central. .
Norfolk & Weftern. .
Pennsylvania. . . . ,
People's (Ins. .....
PrestHtd Steel Car. ,
do. preferred. . .
Pacific Mai! , .
Beading
Kvpuhlle Steel
Bock Island
do. preferred. . ,
Rloss Sheffield. . . .
Teun. Coal & Iron. ,
Texas & Pacific. . . .
Union Pacific
United States Steel,
do. preferred.
Western Union.
Walloon ,
do. preferred. .
Wisconsin Central.
do. prqferreil. .
today, 1.398.500 qliaros.
1
NEW YORK.
In cotton fu-
9M
9.69
Clooed steady.
NOTES ON GRAIN
Pointers on PrQYliIpns,
Private Wire to Ware * Lelnml.
Chlengo, Sept. 24.—There bne been a
good undertone to the wheat market the
last two days, nnd It look* os though there
xvna still a liberal short Intereat, which ft
apt to run most any time.
I Corn nnd oats also show good strength.
Offerings of whent are not large. The
pit crowd is quite bullish nnd are buyers;
tiught to work up little more.
■ Mayfield and other northwest houses sell
ing wheat.
Weather little more brilliant here, and
causing some selling by tbute who covered
post fee’ dsys.
The feature only to corn we* the buy-
Jng of 250,050 May by tb* Cudahy Packing
Company.
, The northwest Is sending In messages to
the effect that their crop greatly overesti
mated, nnd will show up very soon.
Coarse grains hare loosened up some
this morning. The Wells crowd appeared
as sellsrs, and some local longs took prof-
Belling at May oata by receiving houaeg
et the opening and Cudahy brokers idling
Decemtier caused an easier market. Mar
ket now steady, with light trade.
Minneapolis stock of wheat decrease 675,.
000 bushels for the week.
Cudahy brokers bnre been selling Da.
camber oats, and there appears to be some
May coming out.
Provisions steady te a shade lower. Beet-
fared telling of lard and rlbe by longs.
Undsrtons (inner. Think It will do lo buy
urarliy options on weak spots.
Chicago Inter-Ocean; Bnms little Im
prominent we* scan yesterday In the de
mand for cash wheat, principally bard win
ter, at aouthwraterp centers, hut there
wea not a grant deal of Improvement In
the drmaml here front nny enures. Kspor'
houeee claimed that their brat bids 01
hard winter for shipment by way of gul.
porta were 144(H44e out of line.
There wa. considerable Increase In the
export Inquiry for new corn, mainly for
Novpmbfr-pecember shipment.
The strength shown In the Winnipeg mar
ket In the fare of aurb tar,- receipts Ip-
dleatM that the quantity add from the
ilanltnha crop ft mneh larger than tha
Canadian exporter! wen willing to admit.
A buying order for 30,000 bushel, of Decent,
her wheat wae Placed «t Winnipeg ft
noon Wednesday by a Chicago cash grain
Arm and left open without price limits fas
twenty-four hours, being anally cancalax
because of tha Ineblllty of the receive
the order to execute It. Thl* wea It
as fairly good proof that there wii
a great deal at hedges being done In that
market against country purchases of cash
"Duluth continues to charter considerable
vessel room for wheat nnd reports poor de-
maad for cash wheat.
Moat reports from
that the scarcity la
taut factor In the nraveraant of
grains, especially cernWBblppera who have
corn sold for Heptrtnber, landing In tha
country, are clamoring for rare and wer
wiring here yesterday: "We must her
cars to ship our corn. , .... „
••I have not bought any sate Individually
or through brokers." said James A, I’sf-
• day. "Yon can any for me that
: that I hats bee I a large buyer
tier ante and am still short ft
.onndatlnn. I have never been
short 250,000 bushels December oet* at any
time this sennaa, and my abort Interest la
May ft not large. I do not see anything ta
buy oats on at present, 1 ’
^Chicago? 'Sep*!? "/-Although friendly to
Ida long side of wbest, can era nothing
at the moment to warrant any further ad
vance. and would take proflfs on wheat,
corn and oats with a view of replacing on a
"chtosgo IUcord-Hcraldi On* of tpc prom.
lent grain eblppera predicts that tha twi
ne elevators wllf fie buy, tornlug out
..intend corn and telling It In the Pit be
fore the month ft ont. If; Imam hla pr~ lf.
tlon on the poor demand he we* getting
for ceeh corn, dreplt* low offer, made to
the end. •
NEW YORK COFFEE MARKET.
New York. September I4.-The coffee mar
krt opened at unchanged price* to a de
cline of 5 points, or alm-it a. due on the
European rabies. This showing wae eft,-
alderod « steady nn*,jnvlew of *hen-w».
According to the official rabies describing
the conditions of yesterday, there was
rain In all district, of Sae i>anlo except
one, wham It W*S cloudy, and tkla Is
supposed to be Just what Is needed to help
the prospect, for the coming crop.—Olliert
*J ... ——-i-- —and clora
LIVERPOOL.
Following table rivet, opening range and
clone, compared xvftli yesterday 1 * closing:
Futures opened firm.
Opening Previous
_ ’Inugt. Close. Close.
SeptemUor.. .. ,. ..5.28 6.20 5.22W
Kept.-Oct 6.14 4.1314 6.12 6.10
Oct.-Nov 5.0814-6.03 6.0614 6.0414
"0414
.6.0814 6.00 5.04
IT
.S.UH-fi.12 5.09 6.07
a- * w.*.- a .814 -8.14*4 8.11 5.09
AnrlLMny. • , . .6.16 6.12*4 5.10*|
May-June,. ,, ..6,16 -5.1T*4 Elf 6.12
Clojicd easy,
Jan.•Fen. .
Fall.-March.
MnrchAprll.
NEW ORLEANS.
The followlnj
luro* In New
m
Dec. . . .
Fell.:;;
March. . .
May. . .
Clo-d *1
ns la the rango In oolton fu-
Pries ns today :
IS
»!si
9.40
9.62,62
It
FROST REPORTS
CAUSE_ ADVANCE
Cereals Started Fractiopally
Higher on Covering by
Shorts.
again the outer of the day In wheat. Tb*
northwest continued to send lu sclllug or
dera and poor threshing returns, tha hit
ter oiieply aqd the former uuder cover.
The threshing returns attracted general at
tention. There was a storjr going the
rounds that Duluth had sold 6.000,000 hush-
els of wheat for export In the past few
days, but It turnct] out to have lieeu the
estimate sent out by The Duluth Commer
cial Kecord of th* Mies on the crop—4.
000.000 bushel* and 1,000.000 No. 1 northern.
Wheat closed $4©*4o higher. Corn *4a »P
to *4©*fc off aud pats better. -Pro-
Vision* unsettled.
CHICAGO GRAIN MARKET.
isn wnnn. .
rts from the country Indicate
arelty (a booomlng an Irapor*
In the nMv*m*nt of coarsa
‘ * * 'Tlw
J
deil to help
rop.—Olbert
“pniTowtng I* Jko opening re eg* * adI clora
of »h* New York coffee m*ra«t tor to-
d,r: Opening
1mb
CHICAGO CAR LOTS.
Wheat..
Uorn..
Oat*..
ii.*...
Rept.. 9.00 9.00
Oct.... 8.00 0.00
Jan.... 7.00 7.0214
CASH WHEAT—
No. 2 red 72497241; No. 3 do 7107244: No.
hard wlntor 7lHQi2; No. 3 do 7014*71.
PRIMARY MOVEMENT.
NORTHWEST CAR8.
The following (Igurra girt the northwest
in of today, last week end last year:
Last Last
Today. Week. Year.
Minneapolis. ** JJJ 490
Duluth 296 113 269
J. T. HOLLEMAN, I’rraldant.
F. J. I’AXON. Vlco-I’rraldent.
W. L. KEMF, Treasurer.
J. W. ANDUHW8, Becretary.
UNION SAVINGS
BANK
Four Per Cent Inter*
est Paid on Pepo»lt»
ASSETS $150,000.00
One dollar starts an account.
Hours: 9 a. m. to 9 p. m. Sat*
urdays till 9 o’clock at niqht.
DIRECTORS i
THOH. J. I’KRPfA
W. B. RTOVALL. F. /. FAXON.
W. O. KOOTB. J. T. IIOLI.I MAN
CLYDE nilOOKH.J. M. JUIINM«»N.
EFFORTS OF BEARS
OF LITTLE EFFECT
New Yoric, Sept. 14.—The develnpmsnta In
the cotton Hltuntlou yesterday were not
very palatable to the bear. Fo? one thing,
the Liverpool *pot sale* Increased to 12.006
hales, nun the future market there allowed
surprising atrength. English nud continen
tal spinners were buying freely In the Eng
lish market, arcurdlng tp some private ca
bles, nnd the country was not only offering
c»* freely there, but wo* actually asking
higher prices. Wire bouses bought for
Southern account, and leaning spot Inter
est* iHiught the near months. A better spot
demand was reported «t the Sopth, where
prices were 1-16 to He higher nt many
point*. Numerous bullish crop reports
received from the Southwest, telling c.
rlous deterioration In the condition of the
crop through ravages by weevil aud worms,
shedding and so on. Bearish crop reoprta
were received from the eastern section of
the belt, as well ns some parts of the re
gion west of Mississippi. Lending locnl nud
Wall street Interests sold rather freely at
time* In opposition to the upward move
ment of prices, and there was more or lesa
realizing. But with the buying by New Or
leans In this market nnd the covering by
nervous shorts the efforts of the bears had
little effect, especially as some Increase In
the volume of outside business was noticea
ble, although trading was still In the main
of a professional character.—Glbert a^Cluy.
N4w Orleans, Sept. 14.—The Tlmes-Derao-
ernt says: Covering by shorts rnther thiiu
Investment buying caused yesterday’s cot
ton market to close at the day’s high level,
or some 60c a bale above the final figures
of the previous session. Rebind the liars'
waning confidence was the strength of the
spot market and the zeal with which buyers
ail over the South gathered In all offerings.
Further, the cablegrams brought nuwa of
active buying of actual cotton abroad* the
fear having spread that some port of a
spot squeeze at Liverpool was on the pro
gram Of current events. Crop news gen
erally was bullish In one way or nnothur,
and acargtM buyer# were reported migrat
ing to Tezaa In the hope of filling trouble-
some September commitments there. In
the last analysis, however, the Influence*
now nt work In lieluilf of better prices* sro
temporary rather than permanent In char
acter. Liverpool stock Is small, uud there
Is reason for Mlevlng that thus far ex
porters' requirements nre exceeding the
available supply. But the Play te only bo
ginning, and the friends or tho staple had
best search the big problems for sure
ground.
At the moment neither the magnitude of
the new crop nor the fullness of the new
season's requirements is the dominant price
factor. Hence there Is special reason for
caution now. Professional scalping, some
trade hedging and a healthy tone In the
evept the spot situation be not undone
over-free offerings will possibly tend
cool the ardor of first-rank speculators ....
some day* yet, and the real test of bullish
strength cannot come until the movement
I! have broadened out Its proportions.—
on Krad "" t * nfl Ama '
itTSftaw ra, ' y not « r, * i>t un ’
Understand that there has been Inside
•elltatf of Atchison on all strong spots.
..The National city bank nnnouuces that
It hns engaged *2.006,000 gold for Import.
Dow-Jones states that It Is not likely
there will l>e dividend action ou Pennsyl
vania before November 6; that It Is not l»e-
fourthi Tuesday iu October, or by executive
committee on instructions from the board.
JPH known that the operating mm on
— - jpo
thousand pounds sterling ...
port from London. Hear *3,<
Export from I’fiHs.”
Thing that Heading Is a bujr now.
,,-f.h# 'ork Financial Bureau says:
We strongly advocate the position In gem
oral of buying standard Block* on rear
tlons, when weak for turns, employing mod
erats stop-tax* orders. There nre a row
strong points In sfpport of this nosltl
the first place, It will Ihj noticed tha
the up limits are approncherl, the I
nre reluctant to prosecute further ndvnn-
tage. On the other hand, that when the
low limit* are qear, support Is forthcom
ing. Within these limitations, specialties
excepted, the trading element hns more or
leu control during what wc believe to be
a period of hulhmig up of n shortoci
The news yesterday on which the react lo
*«* merely an excuse. The i
occurred was merely an excuse. The marl
kec was simply temporarily overboitfljiiJ
The news developments this morningl.
different. The deductions we mska nrfi
practically the same as those of yesterday—
that Is, that the large Interests haring
failed of distribution of an adequate no|
tore, have plenty of cheap money to carry
stocks for a time around these levels, wish
to keep the public *
clalty operation, aud i
Ity, put tho market
barring s calnm-
ring a
Inter, VRM
aid
at rates sufficiently attractive
broad apsculstlon.’i
Private Wire to Ware k Lelnml.
New lork. Kept. 14.—London steady to
firm. Slight advances, but a more cheerful
feeling prevails generally.
A more favorable bank statement
ed tomorrow, and sentiment generally Is
bullish.
Union Pacific Is ox-dlvldend 6
nnd Its purchase la advocated on
that It will be fully recovered by next
There Is bullish talk op Distil tars. Cat
Foundry and other minor Industrials, and
It te thought that Southern Pacific should
be taken on whenever jammed dqwib
There Is a tip out that Baltimore nnd Ohio
control will go to Harrlmnu. It la In.
demand. Would buy C4r Foundry.
Dow-Jones’ summary:
American stock* In London steady rgthpr
almve parity.
London market generally choerfu
money outlook there considered clear
American marines laud at Hnviftf
are withdrawn by order from Washl...
except guard for American legation.
Wages of motoruieu and conductor* on
surface lines of Manhattan raised all
around.
ItriHiklyn Rapid Transit made record In
c r.«*!x*ta " r-t p, ®ht days of
urneil from I
of Standard
’««15 UT5U.
Home ilrmtml for AntalKtniatad Copper
ami Atchison In lusu crowd.
Twentywlght roadt tor drat ..
tambar ihow tq average gross lncretlo of
J2.il tier cent.
(inld cnangemanta against apaaltl d(|iaa-
It nmi othurwlac, now about l%MO,OOt).
hut
Twelve Industrial, declined .11 par'ot
Twenty. active • ro*0« daclluad .71
Wai
are k Lein ml.
LIVERPOOL GRAIN MARKET.
THE LIVE STOCK MARKET.
Chicago, Sept. 14.—Hogs—Receipts today
•Stlmatwl *t 16,000. Market mostly 6c hteb-
er: quality fair; left over 3,063; hulk $6.wh
'46; c»| bus ted for tomorrow 11JW0; light
1*J S5.96e6.MA4: heavy
If5.90; pigs ff.aOG6.6Sj
•q to choice heavy $6.66
'*Unt'tle—Estimated receipts 3,000. Market
steady; quality fair: beevesJ3.75e«.ao; cows
$1.36^4.30; heifers 83.17*4(16.36? calves 85.600
6: good prime steers 86.»Hj4.80: jnior to me
dium 83.$0(f6.2S; stockers and feeders 83.250
4.46.
Hhee^-Estlmsted receipts 7,000. Market
wratara y..» glfeSi
ftntlw wratarn 44.76^1.14
SOUTHERN EXCHANGE
Oldoat Eatabllshad Office South.
COTTOM SIOCW BONDS GRAIN
Ground Floor Oould Building. Dally
market letter tnd market manual
Rialltd on appllratlon.
L. J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, GRAIN
Comipondent's Capital $250,000
acrcacNCC. thc neal bank
PHONE (SIT. PRUDENTIAL BLOC
cent,
THE METAL MARKET.
New York. Sept. 14.—Tin was easier with
trading moderate nnd at lower quotations.
Copper was firm and unchanged.
Lend was firm and slightly higher from
bid prices.
Spelter was firm and unchanged*
MODERN MILLER’S REPORT.*
8t. Isoiite. Bent. 14.—Offerings of soft win-
ir wheat contlnao small. Advices aro that
..ttle mitt whiter /# heM hjr farmer# t«uith
of the Ohio river. It hoTlng been closely
niarketiMl. Movement moderate of hard
winter wheat. Nebraska offering* ate some
what smaller. *
MOVEMENT MIXED
IN GENERAL LIST
Copper Took the Lead in
Point of Activity and
Strength.
OPENED Hi REGULAR
Majority of List Showed
Gains, But Trading Was
Rather Uncertain.
New York, Sept. lf-Today'* market con
tinued to show th* conflicting tendencies of
profit-taking In some stocks whl< h
recently hud a large advance and
fresh advances In others which for the last
five days Imvu nut received so much atten
tion. While these realizing wiled have
reached u“considerable voluino, tho selling
was not hurried nor of the sort to cause any
Important weakness. It merely seemed to
Indicate that u«»w that the market lias
passed through the crime of money strin-
jeney, thc Inrger spcculntlvo Intc
imvu ffeely lent thclf support, j
secure some reward (of their risk
■as made $o\yofu rest
vho
onose to
Further
►greas was made tbxyord restoring n u«»r-
rcapdlflon In the money market. At the
sub-treasury the banks gained nnothar mil
lion dollars on Import gold advances aud
since Friday tha npmpnt now stniute over
816,poo.ow In thflr favor. In addltbm
^- ^ OOk.OM mpre /old^yo ‘
ivas reported this
can or lime money, out rare* reun.. ....
the same easier position that they occupied
ou the previous days.
At nild-d*y the whole stock market had
become Very strung again under the Impulse
of enormous buying of the Reading shares.
Tho stock market opened Irregular, and,
Oja gains wero shown iu the
j|#L eroding waa rather of
nu uncertain character. Amalgamated Uop-
per took tho lead In point of strength and
activity. Heading nnd Baltimore nnd Ohio
were tho most prominent features In the
enrly trading. Heading advanced 2% find
Baltimore nnd Ohio moved up 2*4 (mints.
Movements In the rest of the list were
mixed. London bought 25.000 Erie. Southern
Paplnc and Heading, but sold t n|on Pacific.
(luvcrnmente uudiniiged. Other bonds are
steady.
lond"o?T STOCK market.
Anaconda
Atchison. .....
Canadian Pacific.. ....... ..
Chic.. MU. and 8t. Paul....
Brio.. T. .. .
Illinois Central ;
Louisville nnd Nashville. %
Reading .
Pennsylvania
Southern Pacific.. .. ., .
Union Pacific '
United States 8tosl..
do. preferred
I
2pni;Cloij Clos
282*4128241280
HMrt4;108S|!IO*;
!77*4 177% U8Vs
,160*4 1614
142 143 143
' |141%il42H
. , 94*41 04*2
193V5ll934il96‘i
46*41 468*
THE DRY GOOD? MARKET.
rcitricfsd by thc large quantity of
ehnndlse on hand for Immediate delivery,
Thc scnrclty has extended to lines of tow
cling, quilts nnd made-up sheetings i nd pll
ow cnslng. There te a steady hoslv
ug ou In pin Id dress gtiods. Tho n
market I* firmer. Cotton yarns ou
number* are Armor,
The Journal uf Commerce say*: "Mer-
landlslng Is being restricted In nmny Hue*
/ the* scarcity of good*. Jobbing hausoH
Iu and around Now York oould do many
thousand* of dollars worth mors buslne**
If they lmd the fabric* buyers arc asking
for. The jobbing houses bought freely
enough n* a rute, but the demand for mer-
hnndise has been above the normal, nnd
silk
- ’ • i: i 11 < 11 - - ’
the pro«|
luctlon hns beon suluiorina|.’
THE SUGAR MARKjT f
Now York, ffepf. "W—Refined and raw
sugar steady and uuchnngod. London beet
market firm; September 10* l*4d; October
iOr l*4d.
LOWRY NATIONAL BANK
CAPITAL, SURPLUS AND PROFITS
OVER ONE MILLION DOLLARS
Foreign Exchange, Travelers’ Checks, Brown
Brothers’ Letters of Credit available in aU parts
of the world.
Frank Hawkins, President.
a. M. Atkinson. Y. P. ThomaajC. - —
JOMpn A.' McCord, CaaMsr. B. W. Byers, Asst. Cashier.
Third National Bank
Capital
Surplus
Dr. A. W. Cslknun.
Xtlltonpxr*-"
$200,000.00,
$300,000.00.
. _Ilxr*sn.
John W. Orsnt.
Y. MeO.nl.
DIRECTORS!
Frank Hnwklni.
H. M. Atkinwn.
Joraph A. II.Cord.
Wll. I’EKI, Prraldent.
IIODERT >. MADDOX, Vie. Prraldrai
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.
corroN^G^Am, ?rovisi5^Sto<?ksPbonds,
fra r#f» toll., toto
Sr. Orl.j.i C.lla.
Lherpcol Coll.. 0iiki.II... .
rrlrnt* VT
$•11 PA«s« 12f2.
N». 2 Will St., AllMli, Ga.
Chicago Board of Trite.
flew fork Collae futiift,
Safe Deposit Boxes
For rent in our vaults in tbe basement of the
Empire [Building for only $5.00 each per
annum.
Absolute Security and all Modern Conveniences
You should not be without one. We invite
you lo call and Inspect them
Title Guarantee and Trust Co.