Newspaper Page Text
THE ATLANTA GEORGIAN.
TIP AY, 8BFTEMBBB 15. 1906.
13
cotton opened
L
gyrnpathized with Gi cater
Weakness Than Expect
ed in Liverpool.
partial RECOVERY
Closed at About Highest
Prices on Covering by
the Shorts.
v.n York. Sept. 16.—The local cot-
‘ market started 4 to 8 points lower
, with cables, but following the
•it rallied a |)olnt or so on the active
'Slow The decline In the English
market' was due to freer offerings from
the
The cotton market was dull today,
.Itort sessions In all the speculative
festers being the chief cause.
t ivernool, to start with, was much
l,,«r than expected, spot showing a
decline of 7 points and futures some 6
l "Sfv York opened 4 to 8 points low
er in sympathy with the weakness
rtoa/1 ill Liverpool, and on the Ideal
weather reported from the cotton
prices acted tho reverse of yes-
..rd'av however, the opening being at
practically the lowest point of the ses-
’‘rhe visible supply statement was
Stili sh and eotton Is not moving to
ms-ket In sufficient i|unntltles to give
ths’bears the encouragement necesasry
In carrv large lines over Sunday, hence
1 short session today was devoted
Z-tlr m covering by this element, and
, opening call prices worked
SStslly higher, the cTosc being at
{Sut the highest,' bet unchonged to 3
’comparative receipts' at alt United
States ports:
Receipts at the ports today,
g^me day ta*t year
lutafreceltps since 'sept V..! ijSMM
game time last yenr -414.63d
. 24.411
,«C»,146
1906.
\>w Orleans ■ • 4,800 to 6,000
Galveston." ....11,000 to 12.000
gfatm 9.600 to 10,600
1906
2,264
18,726
16.374
SPOT COTTON MARKET.
lirert-ml. nolot ami easier; uiltlilllfig up-
5.50.1; sales 6,000: American WOO; spsc.
lUtbm ami export 500; receipts Auier*
lain l.W.
Atlanta, steady nt 9%c.
New York. Millet nt 9.80c.
New orluiim*. quiet nml steady at ao-m.
Auffiuta. quiet nt Mte.
Savannah, quiet nt 9 );16C*
Si. IsMiIm. quiet nt 9*c.
quiet nt 9.804*.
quiet nt 9 9-18c.
Baltimore. nominal nt 9%c.
I'hilnib lpliln. steady nt 10.06c.
NEWS AND GOSSIP
Of the Fleecy Staple.
i Wire to Ware & Leland.
lurk, kept. It.—Liverpool futures
easy, 4 down. At 1*:30 p. m., ty;
nd 64/5H down an Igte.
Private Wire to Ware.* I.
opened
down on the
'inle-t- Bales 5.UM snots. 7 downr'nt
5.56.1. p utures due rvift3H down.
A private Urerpool cable says; “Cause
'he decline here Is south Is offerlug
more freely this morning."
tottou oi>ene<l about us expectod. Tbers
J2f , hi-avy selling by couiuilsslon houses,
anil hwsl spot people sold some cotton here.
1 be offering of .pot. In l.lreriHtol Is .up-
posttd to horn affected the market unfa-
voraldy there. Look for a .inlet market.
It ordnn aold itlionl T.S60 lieeemher at 9.16.
weld took a good port of them.
Thenet stock of cotton la New Oilcans
la 19.120 iMles. against 40.632 Inst year. The
amount of cotton on shlplamnl Is 1.634 hales,
"gslnst 6,074 Inst year.
hollowing Is the statistical position of
cotton on Friday, September 14. as madu
“I 1 1*T The New York Financial Chronicle:
It Is said Hutton, Weld and Mitchell
are buying on the expectation of Miss
rilles reioirt lielng very hulllsh. It It eg-
P*£teil to he Issued early next wceb.
Wilson la offering 2,600 December at
9.20.
This • Last Last
Week. Week. Year.
....1.74S,n3.' 1,732.669 2,635.253
. . 016.032 663,100 1,601,23
. . 337,026 12T60S 636,286
. . 210,420 —
. . 139.621
. . 249,651
... 76,978
115.231
■ 91,809
Interior'stock*. . . 131,033
Edited by
Joseph B. Lively
MARKETS
Mr. Lively’b twrenty-flvo
years' experience of ed
iting markets In Atlanta
nn«l the South has made
him n recognized au
thority In bis specialty.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
Visible
American. . ,
Crop in sight.
For week. . .
Itit. shlpmen
137.50H
78,061
307.747
73$
09,377
100,711
389,403
215,738
449.5r
12J.1I
150,717
3W.212
175,170
N<*w Orleans, Kept. 14.—Cables nr« unfa
rornbta. although most brokers mil Imth
the visible supply statement ami The
Chronlrle's weather summary bulllah.
The weather map Is again very favorable.
No rnln and moderate over the cotton belt.
Private Wire to Glbert k Clay,
New York. Kept. 15.—Liverpool dost
about C points lower. Was due 3ft lower.
Liverpool weekly cotton
soles 47,000 bn lex; Aiuerlenn 33,000: export
1,500; speculation 2,100; f4 '
actual ex|»ort 3,000; receipts .
15,000; t4itnl sto6*k 327,000; Aiuerlenn 234,
000: stockn afloat 75,000; Ainerlcuir 58,000.
New Orleans, Kept. 15.—Llrerpool at
down Is disappointing. A decline of
points was expected.
The Times-Democrat: "The talent res
led yeatenliiy the ilangers of over-con!
dence at this particular time, mid the coi
In small volume anil ambition
of the daring sort was not lu evidence af
all. Kecretnrr Heater's meekly statletien.
tabulation points out thnt while the 1906
movement Into sli *
a NEW YORK.
? . The following I* the range In cotton fu-
7 lure* In New York today:
n
6
I
3
a
I
II
§
a
. Wept
Dot
• Nor
• Dec
: Jan
• Feb. . . . .
» Mareh. . . .
i . . .
9.ii
' *•'. ;
o.x
9.S2
9.37
iu7
D.ii
9.29
9.32
9.44
o.v:
*9*16
9.26
9.32
9.37
*9.M
P
MI
9.42
s.ii-it
9.15-K,
j.r
9^3
9.23-24
9.25-27
9.27-28
IZS
9.49-60
9.61-63
Closed stead?.
TODAY’S PORT RECEIPT8.
The following (Hide shows receipts nt the
ion. today, iumparcd with the same day
l»l yeor:
1906
1906
Xtw Orlrana
(Stlmtoo. ..... .
llflMlr
Novannull. ......
rtuiripgtmi. . . , . .
Wilmington
Norfolk
Button
llrltlc const
2664
.12310
946
1071
281
*200
996
7748
1C66
13701
2799
2614
2783
39
Tidal
24413
29146
INTERIOR MOVEMENT.
The following table hIiown receipts lit the
IniFrlor town* totlujr.
coiupnred
with the
•aim* day Inat year:
i
1906
1906
lluutnn
14280
11884
Aapwtn
2221
4196
Bftnphl*
53
141
»!. ImiIi
460
Badsmtl
W
167
Total
17050
15880
CIBERT & CLAY’8
DAILY COTTON LETTER.
J>» Orh-niis, Rent. 15.—Liverpool cables
Y** eiH’ournglng todsy. and the de-
J'T. ,u „°Pd' ,n " was generally attributed
S*.*'.'"t'lntlon «f * f«*w tangs anil to
a, f'l|intnry heavier movement of cot*
mi. mnrt> tavornbb* weather has
' taslii* prices were 6 points lower
2*i the previous ilay, and stmt lost 7
F!2i *’i»onntlng to 1,000 bales. Ear-
rwirs ion. nil pointed to a lower mar-
•vl* ** JoivcriHMii was disappointing, and
alrit.n . b ' r . •'Y “ ,,Pnf * *»nt prices ruled re-
yrubi, stcmiy and recovered almost all
fjJT decline on tb« strength of
"I tan lion. Every bale of desirable
SJT 1 *m|ekly purchased, but the move-
2; U k'‘ • r, ‘ t rnn not tm exited Urge, as
BK ‘.'F that exporters are
tl* 1 i , ‘ r "* , l° 'Dtriculty In supplying
ZLvT 1 f *‘ n,,M * r “hlpmenta. ^8i»ecuUtlon Is
Hr'" 1 * « non-exlstlna nuantltr. and
t hns^thi
that at times the contract
5™? uppeurance of completely
' fii'if P ” strength of the % staple.
•• *M»nr.-i
rtJTtl'I n , l,vnn tnge temporarily Inflnencet
,or co,t '’ n wo»'“'*'"y
THE dry 00003 market.
«T>L 15.—Th, dry gowls trade
Pdt i2nii,li ' r - complaining of
y*m» ‘ V 1,1 "‘'I 0 sheetings. Cotton
■Miiatiw ,J 1 ) ' ,r ‘'« ,, R*'e, bur wltho , i»‘ any
ST v'S 11 "! In prices. Raw wool was
* flip niT r l V“d buyers, who have l»een
g thP iSlrM, 1,1 I nr *c«* numbera, complain »*-.
4Hirp f y rr| D' °f many lines tor quick set
... to sight Is much smaller than
for the snuie. period In 1906 and 1904, snln-
nert* takings compare favorably with 1906,
nnil are more than 100,000 bales lu excess
of the 1904 showing.”
Market Is very steady. In spite of bear
'* **“ —7. however,
Bradstreet’ai Review says: “Cotton fab.
rlcs easily lend tho Hat of textile prod,
nets, which report n very active denuujd.
Cotton innimfncturerH are optimistic."
groat (tamunil. Bnowery weather has some
whnt retarded picking this week.
Today’s map Is very favorable, with lit
tie or no molsturo recoriled. Weather con
ditions are generally clear and tempera
tures normal The Influence of favorable
weather anil • a illanppolntlng Liverpool
should exert some pressure ou prices.
WORLD'S VISIBLE
SUPPLY STATEMENT
statement .
4 -- . - aupply of cotton for the
week ended yesterday shows an Increase of
10.412. sgalnst on Increase of 82.284 last yenr
and an Increase of 72.506 year Before last.
The total risible la 1.751.M1, against 1.-
- * . * 12 Inst yenr an<l
r. Of this,
Is 919,661. n
total of American eotton
872.249 lqst week. 1.812,662 last year am ....
110 yenr l»efore last, and of all other kinds,
Including Egypt. Brasil, India, etc.. 832,000,
agnlnst 800,OCO Inst week, 834,000 last year
nnd 584,000 year liefore Inst.
The total world's visible supply of cotton
as above shows an Increase compared with
last week of 10,412. a decrease compared
with laat year of 895.001 and an Increase
compared with year before, last of 623,*
Of the world's visible supply of cotton,
ns above, there Is now nflont and held In
Great Britain and continental Europe 784,*
000, against 1,427,000 last yenr and 584.000
S ear before last; in Egypt 27.000. against
1,000 last year nnd 47.000 year before Inst;
In India MS.OOO, against 549,000 Inst yenr
and 104,000 year before Inst; nnd In the
United Htatea 376,000, against 636,000 Inst
yenr and 293,000 year before last.
SPINNERS’ TAKINGS
AMERICAN COTTON
gn-ratarr llrater give. thi> Inking, of
American ration hjr tka aplnnera of tha
worlil for the naat work aa follow.:
Tbta week 152.008 lhl» year, agalnat 157.-
OK laat rent nml 126.000 year before Inal.
Total alnoe Septemlier 1 thla year 315.000.
nxalnat 329,000 Uat year ami 204,000 the year
'"of^thla. northern aplanera nml Canada
took 33.000 tin Ira thla year, nxalnat 44.000
laat year nnd PLOW) the year liefore; Miith-
ern iptnnara W.Joo. nxalnat 85,WO laat y«r
•nil 60.800 the year before inuil foreign apln-
nera 194.000, axaln** 1*6.000 lait year nnd
106,000 the year liefore.
ROSIN-TURPENTINE
PRICES SLASHED
Harannah. <ln„ Bept. 14 -The natal xtorea
market wan nluioot In a demorallaad condi
tion in the late trailing thla afternoon,
prleea for aplrlu turpentine and nlao for
roaln belnx alnahi-d. There a no apparent
renaon for the tendency, na thla la tho aea-
Hin of the yenr when prleea ahould xn hlxh-
er. Within the pant three day. It haa aeeni-
od that the eompetltlve demand bad and-
11 The aplrtVr*market opened
at 6366244,. nnd doaeil nnlet nt 6044®*Ie.
Once Ilurinx the week, the price waa 4314c.
In the late tradlgg this afternoon, sales
were made at (Sc, 0014c and 60j4c Kj»mc
factors declined to part with the r boldliifs
at 60r, which was the best bid they re
ceived for unsold lots. By every tokeii
the Imttom of the market has l^en reach*
ed, aud It Is to lie expected that a brisk
demand will enrry prices the coming week
around 62Hc, which Is certainly no more
tb Boalns ,,, were also hammered (luring the
week, the close of the market today wit-
S?slag decllnea In almost every grade, the
mlea being hardest hit. In the late trail*
(ill ihu ■fonioiiD. urlees were slashed
NAME OP STOCK. .
Amalgamated Copper. . .
Atlantic Coast L4ua
American Sugar ttef, .. . •
Anaconda .
American Locomotive.* . .
. do, preferred. . . *.p
Amer. ftineltlug Kef. . . .
do, preferred.
Atchison. • • . • .
. do. preferred.
American Cotton Oil
•Amer. Car Foundry
Baltimore A Ohio. . ....
x... mu, n oi. r. . . .
ilBRUTfea::-:
Brit
do, preferred
Oananl Rlaclrie
■Illnola Central. . . , , .
Ara.r. Ice Kecurillea. .. .
Lonlarlllc k Naabrill... .
Mexican Central
Mlaaonrl Tactile
, w - jo. pn
Total stock snlea t(H ny. S90.290 shares.
NAME OF STOCK.
N. Y.. Ont. & Western. .
Nntlf'iinl Lend
Northeru l'aclflc
New York Central. ...
Norfolk 9c Western. ...
IVnnsylranla. <
I’eople'a Gas. ........
Pressed Steel Car. . . . ,
do. preferred.-. . . .
Paetfle Mall. . .-. r . . . . ,
Bending
teraAr 1 :::::;
do. preferred
United States Rubber. . .
do. preferred
Southern Pacific. . . . . ,
Southern Railway. . . . .
mu&flfe;:
"oal & Iro
: Pacific. .
Va.-Car. Chemical.
do. preferred. .
Western Union. . .
Wabash. .......
do. preferred. .
Wisconsin Central.
referred. ..
LIVERPOOL.
The following table gives the opening
range and close, compared with yesterday's
close:
Futures opened quiet.
Opening Previous
Range. Close. Close.
S.pt.mh»r., 5.225.19 6.19 6.24
Beptembcr-October. ..5.06-5,06 6.06 5.12
October-November. *. .5.02-5.00% 5.00% 5.06%
Noveraber-Deeeojhcr. .5.01-6.00 6.00 6.06
Decemt>cr-Jnnunry. . .6.03-5.01 6.01 6.06*
January-February. .
i-April.
.5.07-6.06% 5.06Vi
to
HESTER’S WEEKLY
COTTON STATEMENT
Secretary lleste*. of the New Orleans cot*
ton exchange, In his weekly statement of
last of 26,000, and an lucrease over the same
time In 1903 of 114,000.
The amount brought Into sight during'
past week has l>een 199,6199
ust 227,152 for the seven ‘
this date last yesr; 225,864 year
nml 85,642 same time lu 1108; «uk. »»*r iue
fourteen days of Kepteml>er. It has l»een
against 496.m last year, 379,390 year
receipts nt all United 8tates porta of _
116, ngalnst 364,764 Inst year; 276,838 year
liefore last, and 63.407 Nine time In 1903.
Overland across the Mississippi, Ohio nnd
Potomac rivers to northern mills and Can
ada 7.642. ngnlnat 9,528 last year; 75.662 year
before last, and 218 same time In 1903; lute*
rlor stocks In excess of those held Hep*
tetnlter 1 at the close of the commercial
year 15,740, agnlnst 49,249 last year: 36,745
yenr liefore last, nnd 21,843 same time lu
1903; southern mill takings 88,000, against
85.820 last year, 60,161 jrsar before last, nnd
29,789
w _ j ym
1,789 same time In 1903.
Foreign exports for t
have been 129,468, against
The total takl ‘
north, ao**th and
mills.
CLOSE WAS HEAR
BOTTOM PRICES
Wheat, Cora and Oats Left
Oft at Small Frac
tional Declines.
Chicago, Sept. 15.—Some of the big
wheat ahorta of Minneapolis and Du
luth wera on the buying aide of tho
market early causing a better tone.
Thla wax helped by the unfavorable
weather up there and the fact that the
shorts seemed to be less sure of their
poattlon in the market. Conditions
changed In the. pit as the day wore
away and there were net losses of l-8c
with the close around the bottom prices
reached. A bug run of. wheat was
promised by both northwestern points
season have lieen 121,589. sxalnat 131.231 list , or Monday
renr. Btoekr at the seaboard anil the tw«n- — „
' — .... - The English visible supply Increased
360,000 bushels for the week, against
'tr-nlne lending southern Interior renters
have Increased during tbs weok 59.150 bales,
sxalnat an Increase during the correspond'
Inx period Inst season of 137,707. nml nri
now 291,190 less tbnn at thla date In 1904,
Including stocks left over at por-s and
..iterlor towns front the last crop . -*■-
number of halea brought Into slgL
far from the new crop., the snpply to data
It illLiti. against 943,964 for the same pe
riod last year. :i,- • . ■ i.
THE CHRONICLE ON
CROP AND WEATHER
New York. Kept. IL-Advlcet to ns by te.
K rnph from the South Indicate that rain
s fallen In most localities during the past
week, but there are no eomplilnta of A-
motive precipitation or* that picking has
been mnterln4l.v Interfered with. Deteriora
tion la referred to In our reports from Ala-
luma, and our Aitgitals corronpnndent asys
the crop In that vicinity Is four weeks Inter
than last yesr. New cotton Is moving more
freely, but not as rapidly as a year ago.
COTTON MOVEMENT
DURING PAST WEEK
For the week ended. yesterday, Superin
tendent King, of the New York exchange,
gives the movement Into sight as follows:
Wsskly Movamant.
Thla
rart receipts. ■ . . . ....ut>97
Overland to mills and Can- -
ads 4.S4
Southern mill takings tea-
•tlmntedl 4e,300 ■ 10,000
Osin of stock at Interior •
1*-31* l*-' 3 *
T*aat
866
Ilronght Into right for the
week 502.W
Total Crop Movamant.
l-ort remlpts.. .. .. .. .. ..311.C4
Overland to mills and tan-
>-613
Boathern mill Ukltigs (estl-
mated) 06.000
Stock at Interior towns in
excels of Heptemlter 1.... 30,133
376,525
331,492
8,153
7LOOO
go,in
.315,596 5T7.I06
in* afternoon, pricoa were alafcheu
reeklrariy *IMther tban accept the decline,.
Two factors preferred to carry over. The
one lit '"■■f'd "> V'wm.M
GIBERT & CLAY
■ Alabama it.
STOCK*. SON 09.
COTTON. OK AIN.
CO FFCC. PROVISIONS
ATLANTA, OA.
ft* ExebangalNew OrieanaC* ton 5«0» B **TT : ! , Jf!£J,i I rSTioo < AMSciatlon
1 *"tl Long DlaUn*9 r Talaiihone“529a! KlCtl * n V?; R. FAOAN, Manao«r.
Al -0NZO RICHARDSON & CO.,
PUBLIC ACCOUNTANTS
AND AUDITORS
Empire Building. Bell Phone, Main 858.
ATLANTA, GEORGIA.
WARE * daVly cotton letter.
the*7ratnre’
nnd waa of sufficient volume to Imd to
a recovery of all the loss that followed
a sharp decline In Uverttool prices. The
undertone showed considerable streitgth.
sud while Decemlier sold « Itvw as 9.14
early, large blocks were traded In early
at this figure on short covering, and the
desire to liny proved such that later In the
day Deeetnlter sold at 9.30 and 0.31. there,
by rm-orering all the day’s decline. Weak-
ness In f)etober was a feature during the
sharp break at the opening, bat Inter on
the demand for October by those who were
nicking up spot cotton end selling Inter
months, restored the difference previously
existing. There seems to lie enough demand
for cotton at present Ogares to preveot vory
much of g decline, and we continue to
reel thnt on such breaks as took place
this morning, cotton can he bought with
inf",,. Several operators who have been
S, the short ride am now buying cotton
for lietter prices, and It Is not Improlwhle
that Prices will lie higher before the next
bureau report, which will be made oni re-
Ew a toe^spot
COTTON SEED OIL MARKET.
September.
October. .
November,
December,
January.
March.
M "-foaed steady.
LIVERPOOL ORAlfC MARKET.
. Whcat -traesed ancknngsd; cloned 1
U Corn -Opcmd’and'closed unchanged.
an Increana of 810,000 bushels • year
ago.
The French crop report, as sent out
by the bulletin dispatches Halles Is
smaller than last year. 343,400,000 bush
els, against 1,130 000,000 bushels a year
ago and the natural weight 63.3,
against 61 and a fraction lost year.
Corn closed l-8<?3-18 lower.
Oats were l-8c’up to 1-8 up and pro
visions were without marked change.
Cash sales here wero 40,000 wheat.
50,000 bushels corn and 80,000 oats.
Ten loads wheat, 5 loads corn and
NEW ORLEANS.
turet In Sew Orleans todayi
Rapt. . . . .
Oct.
Nov.
Hoc.
Jan.
Feb.
H8? L .v:
Ui
o.ii
1
»
9.40
9.50
teaa/.
i
xm
8.91-1*2
9.04-06
9.20 ■
9.27-28
9.35-38
9.41-44
9.56-66
8.91-94
9.00-01
9.12-14
9.24-25
9.32-33
9.38-40
9.47-48
9.68-69
30,000 buahela oats at the seaboard
were taken.
Printary receipts were 9,316,000 bush
els wheat for the week and 4,921,000 re
spectively a year ago.
CHICAGO GRAIN MARKET.
Icsgo *
for today
Open. Rlgh.
WHEAT—
SgE SHIP
1=1 a 111
SK:::: a
.8
Sept... 16.95
Jan.... 13.00
LARD-
Sept... 8.90
TIPS FLASHED
From Wall Street
.*>-** luia, iot-jH, u. — r iii.iin i.it
Further Imlltah operation* neem likely to us
In the at.H-k market today. The (tank state-
nient aliodlil |m a k«mn1 one. The money
flurry yesterday may lie explained by two
iIiIiik'k: waiting too long for lower rates that
•11*1 not tillin' nnd n carrying over till Mon
day. Tho money ei unit Ion In New York I
much Improved. It does not justify a broad
bull market yet, but siM-ctaUles uiny bp ad
vanced, and the specialty program soejnt to
lie governing. We would buy the standard
stocks as n rule on reactions of moderate
extent, taking fair returns on the bulges
nnd giving particular attention to special
ties.
Expect spec
which would take profits and awslt reac
tion.
The Gates crowd la bullish on Realty.
The bank statement, not as good ns ex
pected. .Surplus 68,000,000 over requirements.
Private Wire to Ware & Iceland.
New York, Kept. 15.—Ixmdon shows small
advances and n favorable bank statement la
expected, with surplus reserve showing
a I tout 60,000,000.
Sentiment continues bullish aud Is llk<
thnt Beading will lend the market upwni .
although' more or less realizing can bo
looked for all through the Ust, the usual
week-end evening up.
Would not Im* surprised to see Missouri
i'srlflc cross par. and should stimulate the
balance of the Southwestern rails. Would
buy the smnller Industrials if by any chance
A1 -~7 should Im hammered down.
, stlllera a very bullish feature., Market
displays strength. Coppers look higher.
buy Biscuit.
Bending U „
arply i._
rrn Psrlflc acting well.
'ect balance of
If It breaks ahai r
market. Boathern
Itaw-Jones* summary: Total jolil move*
©rage net Increase of 17.33 per
Twenty-eight roads for the f
Twenty-seven roads for July show
* 17.33 per cant.
' Irst week In
MPHTmIhh
I>er cent.
Dun's revltw says volume of trade con*
tlnuea beyond precedent for the period, and
there are no Important labor struggles to
handicap progress.
Bradstreet's says trade and crop reporta
are uniform and an Immense business Is
dug In the West and Northwest, r
Banks gained on week's eurrcncy move
ment 614J96.7 | 0t, all derived from deposits
against gold engagements.
Twelve iMdustrinfs advanced .62 per cent.
Twenty active roads advanced 1.07 per
cent.
LONDON STOCK MARKET.
!:S*
SIDES—
T::: §:H
Jan.... 7.00
8.92%
8.90
7.75
IS
T.00
8.87% 8.93%
8.87% 8.90
7.72% 7.75
3.96 8.96
m W
*?714
8.60
6.97%
PRIMARY MOVEMENT.
The following flgurea give the primary
movement of wheat and corn for tmtay:
Wheat—Receipts 1,078.000 bushels, ngalnst
892,000 last -yesr; ahlptneuts 463.000 bushels,
sgalnst 497,000 bushels last ret
Corn—Receipts 560,000 bushels,
O00 bushels Inst /ear: shlpm<-in>>
bushels, sgalnst 302,000 .bushels last„year.
NORTHWEST CAR8.
UNION SAVINGS
BANK
Four Per Cent Inter
est Paid on Deposits
ASSETS $150,000.00
On. dollar .tart, an account.
Hour.: 9 a. m. to 6 p. m. Sat
urday. till 9 o'clock at night.
DIRECTOR* l
w. n. 8T"vAi.i;. , F.'j ,, 'i-AXON.
Minneapolis.
northwest
... t year:
I*ast last
Today. Week. Year.
Duluth 411
CHICAGO CAR LOT8.
Today. Tontnr
Wheat 84 7*
353 747
Ont, 217 806
llttga loom 37000
NEW YORK BANK 8TATEMENT.
Thu weakly .taicturat of the Nrw York
Dank Aaaaclatlou ahowa the following
change,:
93.300
3,726.500
25,000
Not aa good •• expectad.
SOUTHERN EXCHANGE
Oldest Eatabllabcd Office South.
COTTOH STOCKS BONDS GRAIN
Ground Floor Gould Building. Dally
market letter nnd market manual
mailed on application.
L. J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, GRAIN
Correspondent’s Capital $250,000
ncrencNCC, the ncal bank
PHONE 1417. PRUDENTIAL BLAG
STOCK8—
Amalgamated Copper, *. .
Anaconda .....
Atchison
do, preferred
Bsltlmnre and Ohio. .
Canadian I'acIQc
Chesat>eake and Ohio. .
Chic., MU. aud Bt. l'aul..
Brie
do. preferred
Illinois Central.
I/iulMvIUe and Na
Missouri, Kansas l
do. prefsrrad... .. ..
w York Central. . . .
Northern Paciflc
Norfolk and Western. . .
Ontario and Western, j .
Pennsylvania. ........
Rending. „
It(H'k Island
Southern l'aclflc
Southern Railway
Union Pacific ,
United States Steel. . .
do, preferred
AT T£ OPENING
Reading Was Most Promi
nent Feature in the
Day’s Trading.
ADVANCED SHARPLY
Baltimore and Ohio Ex
tremely Active, Selling
Highest Ever Sold.
THE COFFEE MARKET.
Tha following tnldn glvea thft oponlng
range nnd clone, compared with yesterdny'a
March
April
May
June., .. ..
July
Anen.I.. ,.
Hentemhcr..
October.. ..
November..
December.
doted rirady. Rain, 61,750 ligia.
New York, Sept. 15.—Lust week'*
deficit of 36,000,000 In bank reservoa
waa, according to anticipations, con
siderably more than wiped out In to-
day'a returns. Yet the figures fall
short of showing the week's gain In
cash. Specie holding* are up *s.o2.'>,-
000, legal tenders down 333,200, and
the combined reault la again less by
36,000,000 than yesterday, preliminary
eatlmatea suggested. The statement, of
course, falls by a long way to record
the full strength of the local banking
position. Correction of the error Is, aa
usual, left until next week. Loans,
however, thanks to the Inpouring of
foreign and out-of-town credit, have
decreased 315,000,000, and an increase
of 310,114,000 Is thereby shown In the
surplus Item. The market during' the
two hours of today's business was ex
tremely Irregular and showed rather
heavier profit-taking than It had yes
terday. Union Pacific, Atchison, the
Steels and Copper were freely sold all
the morning. But to offset tills, Read
ing was marked up nearly 4 points
further and Baltimore and Ohio and
Pennsylvania were kept very strong.
After the appearance of the bank state
ment prices were shaded pretty gener
ally, but the presence of a powerful
support was apparent In tho closing
dealings and prices at the end were
again pointing strongly upward.
New York, Sept. 16.—Rending was
again tho most prominent feature In
the stock market trading this morning.
The crowd In It was by far the largest
on the floor of the exchange. Orders
for lota of 6,000 shares were numerous.
This buying forced an advance to
1531-3, against 1481-2 at tile ylose
yesterday. The eelltng was almost
wholly to take profits. Later realis
ing caused a reaction to 151 5-8. Tho
buying was based wholly on an as
sumption that a coal land holding com
pany would be formed. Baltimore and
Ohio was also extremely active anil
strong, advancing from 123 to 124 1-2,
the highest price at which this stock
ever eold. The buying was practically
by some houses, the heaviest purchas
ers of Reading. Erie was strong, sell
ing at 49, against 48 3-8 In tho early
trading. There was a good demand for
Pennsylvania, Delaware and Hudson
and New York Central.
Government bonds were unchanged.
Other bonds quiet.
The market closed steady at a slight
advance from the lowest price.
THE SUGAR MARKET.
New York, kept, 15.—The local rr fined
and raw tttgnr markets sternly nnd un
changed. London beet unchanged; .Septem
ber 10s 3d; October 10* 2 ! -d.
ATLANTA NATIONAL BANK
ATLANTA GA.
C. E. CURRIER, Preeldent. A. E. THORNTON, Vlce-Preeldent.
H. T. INMAN, Vlee-Preeldent. GEO, R. DONOVAN, Caehler.
JAMES S. FLOYD, Aeet Caehler.
Capital 6500,000.90
Surplus and Undivided Profits $500,000.00 k
We Solicit Your Patronage.
31 % Compound Interest
ie the rate your money will draw If depoilted In the SAVINGS
DEPARTMENT of
CENTRAL BANK AND TRUST CORPORATION
CAPITAL $600,000.00. CANDLER BLDG.
STRONG, SAFE, CONSERVATIVE
You are Invited to call and Impact our quartars and Invastlgata
our facilities to serve you. A hearty welcome await* you at thla
bank.
ASA G. CANDLER, President.
W. H. PATTERSON, Vlce-Pree. A. P. COLES, Caehler.
JOHN 3. OWENS, Vlce-Pres. WM. D. OWEN8, A lit. Caehler.
COTTON^G^AI^, ^RWIsIonsStoCKS^BONDS,
Ate. 3 Will SI.. Mill Building, Mull, da
nUK
For r«» Cllloi luhiigu. CUtigo 8«»4 .! Tufa
So 0,l.l.i Cllloi fictligt. CHciw SlotB iicbiigt.
Unmet UtsUritla _ Cell,if«*;•**.
flltllt Wins It B«r Yllt, Biw Orlnil, CUtigi. *• C COTMIAB, Minin.
Bill Non 1333. Slliiiri Him
■ - 11 r™
JAMKti G. US8TKK, Aiolltnut Ctahler.
MADDQX R11CKER 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.
HUBBARD BROS & CO., Kins
Atlanta Offices. 219-221 Century Building*
Members New York Cotton Bschange, 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 service. Correspondence invited.
Phones 454, Long Distance39. A.S. Hus tree. Mgr.
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 Modem Conveniences
You should not be without one. We invite
you to call and inspect them.
Title Guarantee and Trust Co.