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THE ATLANTA GEORGIAN. FRIDAY. SErrnMRF.R H. J!Wf|. 11 PRICES HIGHER Early English Cables Were jjueh Better Than Had Been Expected. NEWS AND GOSSIP Of tho Fleecy Staple. jjjflV YORK FOLLOWED Oft' Later on Decline in Liverpool—First Prices Best. ..., y or |(, sept. 14.—Bu.lnees at the nlDg of the local cotton market was ff rly active and first prices were Iieady at an advance of 6 to 11 points fl line With the cables, which were “ "iderably better than due. Shorts were h e chief buyers here and In Llv- but a number of commission were advising sales on a scale " ' the market has had an advance already of some 40 points from the |0 ijJIronol nt the opening this morning „ Twldedly nud unexpectedly good, " ivarices of 3V44JM4 In futures, ed 12 points up on ■ looted 12 polls’ i'l-crtn to slump shortly nfter tlm 2 «.iilns. sad the close was on 2«3V4 points ehrr lli.ni the previous doso. Spot, 4iow held K» ntivaace. . . . Vnw York opened nt prices shewing a S resaease to Hveriioor. early Improve Initial sales being made at Will “|„ ever yesterday a Ifnals. The open- CT however, was the highest of the u.oriv lie iiiHdlne In Liverpool lielug reflected Slowly sagging market, with prices “in.,., ijijlt points lower by mltnlnv, Ke tSor taking advantage of a light .le- 1,111.1 to haminer the uiorket. (he went her ti. the belt generally, which Is reporteil to n most favorable character, being additional Influence. Tho decline wits attributed mainly to liquidation by longs. i,m|Kiratlro receipts at all United Btutes Ct receipts nt the porta today 25.0SR (rime day last year., .. ....35,632 ».436 •eelpts for the week 136.370 eek last year 215,543 „. 79,173 T.itil rpeell.t. since September 1..209.116 game time last year ..390.886 Pevrease ! 181.310 lv,i night movement for week (Heafert: 1906. 1905. norland movement 3,947 5.244 greatest since .September 1... 7,643 9.52* In ,|glit for week 199.694 277.1n2 SU .September 1 320.498 498,833 Superintendent King, of the Sew York mm* exchange, makes the Into sight ,veinent for the Week 202.293. against 276.625 nsotl, 315,698, against Private Wire to Ware ft l-olnnd. Ms nC’t s sr ‘ the L ‘cnhles! k opcne ' 1 Bbo,,t “ vipected on ShorTeol.HlH *. hur< ' r nf Decern Iter. a K /* UP . to •°*»e more private Tone 1,011 1,J Wl 'evll In Texan. market seems pretty good, ami woultl rather buy eotton for present ..‘■“fEeator, Ilaggott ft Co. say: SySrSnA u ^’l* ot ***e moment, anil It look. an though prlrea woultl work high- true value of the staple, auu • we think commitments on the long HI prove most pmfltnhle for the near future. It la time for conservative ludgment to rule, for the crop Is .not flnlshed. and the demand for autne will continue to bare Ito Influence on tho future market for some , Or'cnns, Sept. 14,-Cublea are fnyora LL. futorea nnd apots. Tho mar ket ought to do conatderahly better on these bud on the prospects of bullish week-end fluiiroH. The market la quiet and narrow. eouriie *o far this morning lias Wen dls* appointing, and It looks ns If Idg hulls were letting the smaller ones have nil (he eotton they can absorb. The demand for spots Is good and offering* are quickly taken up. A great « Is due to t..«. .„ vv „ WI _ Inutles Is late- and exporters’ who depend ed on early cotton In that sectf forced to bid In the western tielft. It l04ibs as If considerable long cotton was coming oat, which Is checking the advance. LIvcrjNX)! cables: “.Market stronger sad higher in consequence of continued efforts of bears to cover and large buying by lo il. continental and Egyptian operators." Arthur Carroll's Indication Is n crop of 12,000,000. 1 The weather map could hardly lie Im prove*! upon. Little rain over the licit is indicated, and temperatures are moder ately high. Private Wire to Glliert & Clay. New York. Hept. 14.—Liverpool opened 3' a up. Was due 1 higher on distant am nged on near. Liverpool entiles: “Market affected fn vornhly hy hears covering nud Egyptian hnylng." I'ndertone Is barely steady at the mo- _jent. and there seems to he a good deni of October for sale. A g«K»4l domestic nnd foreign deinnud foi stmts keeps the market firm, and It looks as though the Interior will not sell on de- dining markets. Wcninnn. Weld, I>lek nnd Carpenter Dnggott sold on the opening. Ulordnn hought Octolier, nnd Fernle WII in sold Deeemlier. New Orleans. Hept. 14.—Liverpool st 466 tip Is nn excellent market. Was due about 1 higher. Hpots 12 up; sale* 8.030 Is also tlsfnetory. Edited by Joseph B, Lively MARKETS Mr. Lively's twenty.flve years' experience of ed iting market* In Atlanta and tho South has made him a recognised au thority In his specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS uttered showers tonight and Saturday for all of this section. Liverpool cables think the advance In that market will only be temporary. There seems to be more eotton for sale a the advance this morning. Today's map Is very favorable. Light showers have fallen In widely separated portions of the belt, but the weather Is very clear and warmer. The unexpeetw. Improvement In Liverpool, however, should have some effect on opening prices. Numerous Inquiries hare I men received to- ilnv from the other sldo for firm offer* » understand that one large eximrtcr linv elved 4ivernlght acceptance of about 8,* 000 bales. fast . k-T.r* last . - Estimated receipts tomorrow: 1906. Irv Orleans 2.200 to 3,200 iilviMun 11.000 to 13,000 7,748 |;"v Orleans 13,750 to 14,750 11,384 WrsVv interior movement: . g,-..;,.’t* 11I.UR3. against 153,354 lust year .,1 null in 1904. Miiin: -ids W..13 :ii| iri..*•:» in 1004. W-rk* >1 KH At tin* ir against 124.033 Inst year against 183,258 Inst year compared with yesterday's New Orleans. Kept, fh—Liverpool spot sales were again fairly large, 8.000 bales having been traded In today, while quota tlotis were market up 12 points. Options In the earlier trading were strong, and showed considerable Improvement,, hut to ward the close were subjected to a raid which brought final levels to 3 points over yesterday. Tlie contract market was cxcep- SPOT COTTON MARKET. IJuriMNii. cotton, spot nriu; middling up- ;.CI: sales 8,000: American 6,600; and export 600; receipts 4,000; Zs-rt.au 3,600. Atlanta, steady nt Ik* new nud 9%c old. Nr* York, quiet nt 9.80c; sales 4«5; de- -hi contract loo. , Sew Orleans, sternly nt 9 5-16c. Aiiu«ra. steady nt b%c. ^uniinnh, steady at 9 1-I6c. Sr Lulls, quiet nt 9%c. ll'-imtiiii, sternly at 9 5-16c. Hin'iiii. ipilet at 9.804*. M.n.nlik quid ut 9 9-lfic. M»l-lie. sternly at 9Vic. N-rftilk. sternly nt 945c. Charleston, Arm ut 9c. TODAY’S PORT RECEIPTS. Th" following table shows receipts at the jvt* tixlny. compared with the same day yesterday. Tlie contract market was excep tionally quiet nnd narrow, nml larked snap, hut the key to tho situation lies, In the spot trade. Overnight acceptance* for tend; era for a considerable amount of cotton and Inquiries from abroad for firm oILth were Important development* of the day. Ex porters nt the moment find themselves In n rather precarious position, for prompt shipments must he fnlfllM. and whli* of fering* are said to he fairly liberal, the refusal of holders to sell nt any concession makes cotton extremely dear. The producer evidently hnviug much confidence In a high er selling basis, displays no nnxlety to part with Ids product nt n normal figure This underlying strength of the npof situation Imparts much healthful ness to the contract Tk INTERIOR MOVEMENT. Tht- following table shows receipts nt the I'-ri-r tiiMim tinlny eompnrcd with the 9827 3429 187 L J. andersom « CO.'S DAILY COTTON LETTER. . ' Xci.t. H.-I.|VIT|HS|| TOnllmiwI .... . • |Ndnts. The open ill,,*!• lint sustained. UenllSlIlg W-ai/' m r n,MO of the big hears ■ tajJT i * PfL’es ilropiNtl off alMHit uo.m. Tin* ■Hill', bowercr. n ■*•'"1 nil along ami supimrtlng or- b tim.. ,n, ° the market from time n "' VM f, ir the day was little bprtrti i," 1 ! - v, *"tenlay. l.lght rnlns are ‘U #,,,, “5 < t all stvtlan* of the licit. »W. i- il '■"••tlnues t«» Ih» iiiIximI, some "'’iting very favorable pr4>si>c(*ts, 2 u, ; r * M tnte that ileterloratloi) Is 1111 ''.."''il that pros|H*i*ts are not " hill* It Is generally Indlex eil market's undertone, nnd while undoing of hedges ns contracts nre filled may have a depressing effect temporarily, nevertheless the oversold condlthip of the market I* a decided nieiini*** to nay marked shrinkage from present levels. WA*E * LELANO-aOA,LY LETTER Not, Ortwins. Si'pt. 14.-Thn rniirsy of nrlrns wns n illsnpnolnttnont to tb, trail, this inoriiliiB. IjikIwiII.v Jpjwmto-r rot on slionlil hnvo solil nonrrr 9.40 thnn 9.20 on lh« vorv Iralllsli onlili's from I.lvrrpoiil. lint Irailr nlnvs very llttls* imrt In tln> cotton ninrkct nowndny,. Tho franrs Into In tho mirnilnu met With nlimit tho snmo niwsnro of dlsnp- polntnicnt ns illil the bulls, for they mule » strenuous effort to put jirieo, ilonrii, only to flint their henry offerings esirerly snnp- TOHl up. One lot of 6.000 December, presuin- nlilv offered on nn order from New York, wns sold nt one price nnd Immedlntely nfter the mnrket ndvnnewl n point or two. It seeniwl Junt ns hard to P«t priees Wow 9.20 for Ib*cenil*er ns It wns to put It alan 9.30 for the name position. Private cables explained the rather wide advance In the Liverpool mnrket. which was not due on the fluctuations In the mar ket yesterday nt least, by saying that shorts were covering nml that local, continental nnd Egyptian operators were buying. Man- Chester cablegrams were very optimistic nnd quoted yarns strong and said that there was more disposition to buy In the cloth market. Liverpool hns been the main- star of the present advance, nnd the parity between that nnd the American ninrkijt Is gradually widening to about *> pojntii, which menus thnt the ultra^professional op' erntor will soon take to selling In Uverpool and buying the American markets tin n big **The It rut of the week-end flkiire, were bullish, showing a comparatively small amount of cotton Into-slgnt ft»r t^e week, which, to mnny 4»|H*rat4*rs. meant that «»t- ton wns fast piling tip on plantations. Of ferings from tlu» Interior continued small, and Sellers still asked very high prices. The weather could hardly have byn ' danger i»f a cold wave seemnl to have pass- (Hi and little 4»r no rain wns repiirtetl met the Iwlt In the weather map. COTTON SEED OIL MARKET. Opening. Closing. BSBr.v.v.v: S%4 M DwiS'ier’::Sp? ST—W May ...... * • • • K 32 632' Closed stenily. 8nles 400 May nt 32. GIBERT & CLAY STOCKS. BONDS, COTTON. G It AIN, COFFEE. PROVISIONS MEMBERS. ATLANTA. BA. ?f * w B°.«k L”h:^:|urV'^i%«.j'AgSrtt«™ 14 «■ Alabama st. fe S c 23 ISg®: lasWJfiOT’sa'Bsss ^* ctl * nd »-«na DliUnel 5298? ElcU °l^ n. FAOAN, M«n«o«r. ALONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Beil Phone, Main 858. ATLANTA. GEORGIA NAME OF STOCK. Ainnlgnmated Copper., Atlantic Const Line. American Sugar Kef. .. Anaconda Americau Locomotive,. do, preferred. . . . Aiuer. Smelting lief, . A.ehu'or fl '. m ' d \ •: : , -!-*. preferred. . . . American Cotton Oil.-. Ara«r. Car Foundry. .. Baltimore A Ohio. . Brooklyn llapld Tran.. < niiojlan Pacific. . . . Chic. & Northweatern.. (Tiraapeoka * Ohio. . . Colorado Fuel fc Iron.. Leutral leather .preferred. . . . EM®- A.flreat Weat'n. Chic.. Mil. ft SI. I>. . . gRiSS::: Illinois Central Amer. fro Seeurltlea. .. Loul.vllle ft Naihrtlla.. Mexican Central Mlaaourl Paellle Totnl stock soles today, 1, NAME OF 8TOCK. . . Y„ Out. & Western'. National Lead Northern Pacific. . , . New York Central. . . Norfolk A* Western. .. . Pennsylvania People's (las Pressed Steel Car. . • • do. preferred. . • . • Pacific Mall Reading . • Republic Steel Rock Island do. preferred United States Rubber. . do. prefer ml Southern Pacific Southern Railway. . . . do. preferred Sloss Sheffield Tenn. Coal & Iron. . . , Texas & Pacific Union Pacific. ; .* . . . United States Steel. . . do. preferreil Vs.-Car. Chemical. • . , do. preferreil Western Uulon. . , , . . Wabash. do. preferred Wisconsin Central. . . . do. preferreil 196.500 shares. i ll —sr 79 sat St NEW YORK. The following Is the range In cotton fu* tnres In New Y^rk today; Sept. . , Oct. . . Hoc. 1 *. Jan. . . Feb. . . March. , May. < Tinned* steady. 8.94-3$ 19.08-08 9.21-22 9.28-29 9.35-36 9.44-45 9.5*58 a 13152 9.004)1 9.13-14 9.24-25 9.83-33 9.38-40 9147-48 9.58-60 LIVERPOOL. Septemlier.. Following table rivet opening range and close, comparet! with yesterday's closing: Futures opened Arm. Opening Previous Range. Close. Close. ..6.28 6.26 6.2JH ...6.14 -5.13H 5.12 6.10 .5.m%-5.09 5.06H 5.04% ...6.08(5 6.06 5.04 .6.06(5-6.08% 6.06% 5.04% .5.09 -5.10 5.07 5.06 .f.11%-6.12 5.09 5.07 .5.14 -6.14% 6.11 5.09 Oct-Nov. . Nov.-Dec. • • Dec.-Jan. . Jan,-Feb. . • Fe4>.-March. . March-April. . Aprll-Msy. . Mny-June.. .. Closed easy. NEW ORLEANS. tures In New Orleans today: Sept. . , Oct. . . Nov. . . Dec. . . Jan. . . Feb. . . March. Ma; Closed steady. If T20» 9.18-19 9.20-23 D. 22-23 9.31-32 9.36-38 9.46-46 9.67-59 9.23 9.23-24 9.25-27 9.27-28 9.36 37 9.41-43 9.49-50 9.61-62 NOTES ON GRAIN Pointers on Provisions. Private Wire to Ware & Iceland. Chicago, Sept. 14.—There has been goo<| undertone to the wheat market the Inst two days, nnd It looks as though there wns still n liberal short Interest, which Is apt to run most any time. Corn nnd oats also show good strength. Offerings of wheat nre not large. The Pit crowd Is quite bullish and are buyers; ought to tfork up little more. Mayfield nnd other northwest houses sell ing wheat. Weather little more brilliant here, and causing some selling by those who covered past few days. The feature only to corn was the buy ing of 250,000 Msy by the Cuds hy Packing Company. The northwest Is sending In messages to the effect that their crop greatly overestl innteil, and will show up very soon. Coarse grains have loosenefl up some this morning. jThe Wells crowd appeared ns sellers, nnd some local longs took prof its. Helling of Msy oats by receiving bouses at the opening and Cudahy brokers selling Deeemlier enuset! nn easier mnrket. Mnr ket now steady, with light trade. Minneapolis stock of wheat decrease 675, 000 bushels for the week. Cudahy brokers have been selling De cember oats, nnd there appears to he some May coming out. Provisions steady to a shade lower. Scat tered selling of lard nud ribs by longs. Undertone firmer. Think It will do to buy uenrby options on weak spots. Chicago Inter-Ocean: Home little Im rovement wan seen jesterdny In the de mand for rash whent. principally hard win- nt southwestern centers, but there was not n great deal of Improvement In the demnml here from any source. Export sir * , ,J * — Jdernhle Immense In the ex|»ort Inquiry for new com, mainly for Norember-December shipment. The strength shown In tne Winnipeg mar ket In the face of such Inr^l* receipts In diestes that the quantity sold from tho Manitoba crop la much larger than the Canadian exporters were willing to admit. A buying order for 90,000 bushels of Decent- Iter wheat was placed at Winnipeg ~ 4 noon Wednesday by n Chicago cash, gi - — —* “ric a great’deal of be<!ges being done In that mnrket against couutry purchases of cash Duluth continues to charter considerable vessel room for wheat nnd reports poor de- mnail for cash wheat. . Most reports from the country Indicate thnt the scarcity Is liecomlng an Impor tant factor In the movement of coarse grains, especially corn. Hhlppers who have corn sold for September, loading In the country, nre clamoring for cars and were wiring here yestenjav: “We must have cars to ship our corn.’ . .. .. „ “I have-not bought any oats Individually or through brokers,*' said James A. l’*t- inn vMtoriinv. "Yon can say for mo thnt the report of December f»nts nnd am still short Is without foundation. I have never been short 250.000 bushels Decehil»er onts nt any time this season, and my short Interest In Msy I* not large. I do not gee anything to buy oats on nt present.'* Private Wire to Albert ft Clay. Chicago, Kept. ]4.->Although friendly to the long able of whent. can see nothing at the moment to warrant an/ further ad vance, and would take profits on wheat, >rit nud oats with a view of replacing on a Chicago Record-Herald: One of the prom inent grain shippers predicts that the pri vate elevators will be W turning out contract corn and selling It In the pit be fore the month Is out. lie bases Ills predic tion mi the poor demand he was getting f4>r cash i*orn, despite low offers made to the east. NF.W YORK COFFEE MARKET. New York. September 14.—The coffee mar ket opened nt unchanged prices to a de cline of 5 points, or si suit as due on the European cables. This snowing was cqs- slilered a steatlr one. In view of tbenewa. According to the official cables describing the comlltloiia of yesterday, there waa rain In all dlatrlcts of Hao Panto esesnt one. where It wns cloudy, and this Is snpposetl to lie Just what Is needed to help the nrospecU for tbs coming crop.—Albert * Following Is the opening range and clow of tbs Nsw Tork coffet mirkst for to dajr * Opening Range. January. . . February J-g" 6 * 70 March S April MS** FROST REPORTS CAUSE. ADVANCE Cereals Started Fractionally Higher on Covciing by Shorts. Chicago, Kept. 14.—Manipulation was again tue order of tht* day In whent. The northwest coutlnuetl to semi In selling f>r ders nml poor threshing returns, the hit ter openly nnd the former umler cover. The threshing returns attracted general at- There was a story going the* that Duluth had sold 5,000,000 husk- uifli.vW iJUniit lit nun i.v-v.tniy *yu. a iiuriiiciii. Wheat closcil %©%c higher. Corn %c up to %0%c off nuil oats %<&%c better. Pro visions unsettled. CHICAGO GRAIN MARKET. Dec 7 May.... 7 CORN- J * If III' PORK Hept... 17.00 17.00. Jnu.... 12.97% 13.06 & $ «K! «vl 1 «* 8ft » LARD- Hept... 8.87% Oct.... 8.87% Jan.... 7.75 HIDES— Hept.. 9.00 Oct.... 8.60 Jnn.... 7.00 8.87% 8.90 7.77% 9.00 8.60 7.02% 8.87% 8.85 7.72% 8.96 •.a IP 9.00 8.56 7.02% 5-2 % 8.60 6.97% 4’AHII WHEAT— No. 2 ref! 79072%: No. 3 do 71672%: No. 2 hard winter 71%©*$; No. 3 do 70%©?1. PRIMARY MOVEMENT. The following figures show the primary movement of wiicnt ami corn today: Wheat—Receipts 1,070,000 bushels, against F7.000 bushels last year; sblpuieuts 738,000 nshels, sgnlnst 675.000 bushels last year. Corn—Receipts 487,000 bushels, against 646;- 000 bushels last year; shipments 1.002.009 bushels, against 319.000 bushels Inst year. NORTHWE8T CARS. April.. May.. June.. July.. .6.86 .6.86-6.96 f»f5 Aii*n.«. DSSSBf... V. Closefl steady. • CHICAGO CAR LOTS. Close. 6.704.75 6.754.10 1864.90 190496 196-7.00 7.00-7.06 7.06 7.10 7.10-7.15 6.40446 140446 6.504.65 160466 Today. Tomor. J. T. IIOLLEMAN, President. UNION SAVINGS BANK Four Per Cent Inter est Paid on Deposits ASSETS $150,000.00 On, dollar start* an account. Hsura: 9 a. m. to 6 p. m. Sat urday* till 9 o'clock at night. OmCCTOM i TIIOH. J. PK.EI'I.KB. W. n. BTOVAI.L. F. JT. FAXON tv. O. FOOTE. J. T. II01.I.KMAN CLYDE BBOOKB.J. >1. JOIINBO.N. EFFORTS OF BEARS OF LITTLE EFFECT the Liverpool, spot sales Increased to _____ bales, a ml the future market there shnwetl surprising strength. English and contlnen tnl spinners were buying freely In the Eng llsh market, according to some private ca bles, nnd the country ivns not only offering leas freely there, but w*ne actually asking higher prices. Wire houses bought for Southern account, and leading spot Inter ests iMMight the near months. A better spot demand wns reportofl nt the South, where prices were 1-16 to %c higher nt many points. Numerous bullish cro| received from the Houthwest, rlous deterioration In the condition of the crop tlmiugh ravages by w*eevll nnd worms, shedding anti so on. Bearish crop reoprts street Interests sold rather freely nt umes In opposition to the upward move ment of prices, and there wns more or less realising. Hut with the buying by New Or leans - In this market and the coreriug by the volume of outside busluoss wns notlcen ble, although trading wns still In the nmlu of a professional character.—Glbcrt & Clay. fear having spread tlmt some sort of .. spot squeese nt Liverpool wns on the pro gram of current events. Crop news gen erally was bullish tn one way or another, nnd Aeorgln buyers were reported iulgrnt Ing to Texns fn the hope of filling trouble some Heptcmlier commitments there. In the Inst nnnlysla, however, the Influences now nt W’ork In liehalf of better prices are temporary rattier than permanent In char acter. Uverpool stock Is small, ami there Is reason for Itellevlug that thns far ex porters' requirements nre exceeding the available supply. Hut the piny Is otil ginning, nml the friends of the staple best search the big problems for sure ground. factor. Hence there Is special reason for caution now. Professional scalping, some trade heilglng nml a healthy tone In the event the spot situation be not undone by over-free offerings will possibly teml to cool the ardor of first-rank speculators for some day* yet, nml the real test of bullish strength cannot come until the movement shall have broadened out Its proportions.— Ware ft Lclnnd. LIVERPOOL GRAIN MARKET. Wheat—Opened %c higher; at 1:39 p. m., %c higher to unrhangqi THE LIVE 8TOCK MARKET. Chicago, Rent. 14.—Hogs—Receipts toilny estimated at 16,000. Market mostly 6c high er; quality fair; left over 3,062; bulk tO.O&Tf 6.45; estimated for tomorrow 11.000; light $6.2506.67%; mixed $5.9606.62%; heavy ♦u.a.W«6o; rough $6.6006.90; pigs $5.8006.55; yorkers $6.60©466; good to choice heavy $6.65 06.66, Cattle—Estimated receipts 3.000. Market jjf folrj beeves_J3.76lj6.8Q;_oows $1.2504.8 lltv 2Mi5. M0; < ves $6,500 ... . . Mnrket natives $3.25415.65; xa.lln.,u iff. Inml.il K7WFI.10; wntrrn SOUTHERN EXCHANGE OldMt Eatabllabed Offlc South. COnON STOCKS BONDS GRAIN Qround Floor Oould Building. Dally market letter and market manual mailed on application. L J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Correspondent's Capital $250,000 ROntENCC, THE NEAL. BANK PHONE 1417. PRUDENTIAL BLOC COTTON^GRAm, ^ROVISISnSStoCKS^ BONDS, i TIPS FLASHED From Wall Street Private Wire to Ollrart ft Clay. »#w Tort. Sept. lL-Mnrahafi. Spader ft C.o.: It wouhl not be inconsistent to ex* pect.Sfime .of the lesser iudustriahi to fesl the stimulating effect of lower money rates, but we look for lieat results In the more active list, nml believe moderate commit- ments In the coalers and trunk lines will be profitable. Looks as If it would be quiet for a few days, and If money situation clears, will eventually go higher. Hear good (hlugs ou Reading and Amal gamated Copper. .While the mnrket may not go right up. It looks good now. Understand that there hns l»een Inside ■Mlimr «f Atchison on nil strong spots. The Natloual City hank announces thnt It has eugngefl $2,006,000 gold for liuiMirt. a .Dow-Jones states that It Is not likely there will fn* dividend nctfon on Pennsyl vania before November 6; that It Is not be lieved special meeting will be called. Rate y**L£ € Jl* c,ariH l Ht Ddl Ixwird meeting the fourth Tuesday In Octolier, or by executlvu committee on Instructions from the board. Well kuown that the operating men the dlrec*~— * **•- - T - flnnmierg dividend. We have the following cable from our London correspondent; “Wight hundred thousand jamnds sterling engaged for ex port from London. Hear $2,(wO,<XH) engaged for export from Paris." Think thnt Reading Is n buy now. ..The New York Financial Bureau says: ‘We strongly advocate the position In gen eral of buying stnndnrtl itocks on reac tions, when weak for turns, employing mod erate stop-loss orders. There nre a few iolnts In sfpnort of this position. In „__j place, It will be noticed that when the up limits are npproachtkl, the Insiders are reluctant to prosecute further advan tage. On the other hand, that when the low limits aro near, support Is forthcom Ing. Within these limitations, specialties excepted, the trading element has more or lens control during what we believe to be a period of building up of a shortage. The news yesterday on which the reaction occurred wns merely nn exagse. Tho mar ket wns simply temporarily overbought. "* tvs developments this morning sre t. The deductions we make are Hy the sflmc ns those of yesterdny- thnt Is, tliat the large Interests hnvfnji failed of distribution of nn adequate nn ture. have plenty of cheap money to carry stocks for a time around these levels, wish to keep tin* public Interest, do so by spe cialty operation, and will, barring a calam ity, pur the mnrket higher later, when money Is available for the outside public MOVEMENT MIXED IN GENERAL LIST Copper Took the Lead in Point of Activity and > Strength. OPENED IRREGULAR Majority of List Showed Gains, But Trading Was Rather Uncertain. at rates sufficiently attractive to Induce a broad speculation. . firm. Slight advances, but n more cheerful feeling prevails generally. A more favorable bank statement expect ed tomorrow, nnd sentiment generally Ir bullish. Union Pacific Is ex-dividend 6 per cent, and Its purchase Is advocated on the belief thnt^ It will be fully recovered by next There Is bullish talk on Distillers, Car Foundry nnd other minor Industrials, nnd It Is thought thnt Southern Pacific should bo taken on whenever Jammed down. There Is a tip <yit that Baltimore and Ohio control will go to Ilnrrlmnu. It Is lu demand. Would buy Car Foundry. I)ow-Jones* summary: American stocks In London steady rather above parity. w London mnrket generally cheerful nnd money outlook there considered clear. American marines laud nt Ilnvatm. but nre withdrawn by order from Washington, except guard for American legation. Wages of motormen and conductors on surface lines of Mnnhnttan raised nlT s round. Brooklyn Rapid Transit made record In crease In earnings In first eight dnys of current month. Judge Gary returned from Europe. Daniel O'Day, of Htnudord Oil Com pany, Is dead. Home demand for Amnlgnmnted Copper nnd Atchison In loan crowd. Twenty-eight roads for first week of Sep tember show nn average gross Increase of It nnd otherwise, now altout ,««,vw,w.. Twelve industrials declined .11 per cent. Twcuty active roads . declined .71 pe THE METAL MARKET. New York. Sept. 14.-Tln was easier with trading moderate nnd at lower quotations. Copper wns firm nnd unchanged. Lend was firm nnd slightly higher from hid prices. Spelter was firm and unchanged. MODERN MILLER’S REPORT, St. Louis. Hept. 14.—Offerings of soft win ter wheat continue smalt. Advices sre that little soft winter la held by farmers south of the Ohio river, It having been closely marketed. Movement moderate of hard winter wheat. Nebraska offerings are some- int smaller. New Y'ork, Rent. 14.-^To*lay’s market con- Inued to show the conflicting tendencies or .jeavy profit-taking In some stocks widen have recently had a large advance nml fresh advances In others which for the Inst five days hove not received so much atten tion. While these realizing sales hn\e reached a considerable volume, the selling was not hurried nor of the sort to cause any Important weakness. If* merely seemed to Indicate that now that the marker has passed through the erlsls of money strlu- _ risk. Further progress wns made toward restoring n nor mal condition In the money market. At the sub treasury the .banks gnlned another mil lion dollars on Import gold jidv.in. es and since Friday the amount now stands over $16.000 1 000 In their favor. In addltb can or lime money, uni mien rein tho same easier position that they occupied on the previous days. At mid-day the whole stock mnrket had become very strong again under the Impulse of enormous buying of the Reading shore*. The stock market opened Irregular, nnd, though fractional galrta were shown In tho majority of the list, trading wns rather «»f an uneertaln character. Amalgamated Cop per took the lead In point of strength and activity. Rending and Baltimore and Ohio were the most prominent features In the early trading. Rending advanced 2% and Baltimore nnd Ohio moved up 2% points. Movements In the rest of tne list were mixed. laondon tiought 25,000 Erie, Southern Pnclfle and Beading, hut sold Uulon 1'nclfb*. Governments unchanged. Other bonds are steady. LONDON STOCK MARKET. STOCKS-■ Anaconda Atchison ., Canadian Pacific.. ....... Chic., MU. nud St. Paul.. Erie 7 .. Illinois Central LouisrJJIe and Nashville. . Reading ,, ,,,, Pennsylvania. ..... .... Southern Pacific Union Pacific.. United States Steel do i ■ - • • j i 3 pm .FrrT CloslClos 2H2% 280 10S% 110% 177% 178* * 177 ISO 4S% 48% 172% 1 , #r 150 1150% 151% '113 143 111% 112% 91%! 91% 193 >4 195% , 46% | 46% ■ImPjto THE DRY G00D8 MARKET. primary houses. I _ . restricted by the large quantity of chnndlse on hand for In'unedlate delivery. Tho acarelty hna extended to lines of tow eling, qullta and made-up sheetings and pil low casing. There Is a steady business go ing on In plaid dress goods. The raw el Ik mnrket Is firmer. Cotton yarns on coarse numbers are firmer. The Journal of Commerce says: “Mcr- chaudfllng Is being rcutrlctcd In many linen by the scarcity of goods. Jobbing houses In and around New York could do mnny thousands of dollars worth more business If they had th»* fabrics huyers nre asking for. The Jobbing house* !>ought freely enough na a rule, but the demand for mer chandise has been above the normal, and the produetlon has been subnormal." THE SUGAR MARKET. Sept. 14. —Refined LOWRY NATIONAL BANK CAPITAL, SURPLUS AND PROFITS OVER ONE MILLION DOLLARS Foreign Exchange, Travelers’ Checks, Brown Brothers’ Letters of Credit available in all parts of the world. Prank Hawkins, President. IL 31. Atkinson, V. P. Joseph A. McCord, Cashier. Thomas C. Erwin. Asst Cashier. II. W. Dyer*. Aset. Cashier. Third National Bank Capital Surplus Dr. A. W. Calhoun. Milton Dsrgan. John W. Grant, i!. Y. McCord. . . . . $200,000.00. . . . . $300,000.00. DIRECTOR8: j. il NunnsDy. Frank Hawkins. J. Carroll Payne. . M. Atkinson. E. B. Itofsey. Da oseph A. McCord. David Woodward. W9I. L. PEEL. President. ROBERT F. MADDOX, Vice President MADDOX-R UCKER 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 ffnv Tw» CritM Itch iw. New Orient Ctlln lithnjc Chlcjgo Board of Trade. feffflceelML . liefersteffeeCacieap* Int* Wkts fe lew York, Ntw Orfeatf. CUe»§o. B. C COTHRAN, 9fauger. Slndard FAeee 3 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.