The Atlanta Georgian. (Atlanta, GA.) 1906-1907, September 15, 1906, Image 15

Below is the OCR text representation for this newspapers page.

THE ATLANTA GEORGIAN. bau/Tidat, snrTKMnnn 15,1m 13 1908 1906 Sew Orlrsns Calrentiui Mobile StVKtHt.tll ninrlcEton. ...... Wilmington Norfolk Boston . 1’lrltk* ronut 2154 12310 948 5643 S3- 281 *200 996 7748 1566 13701 2799 2814 2783 39 Total \ 24413 29J46 INTERIOR MOVEMENT. Tlio following table shows receipts At the Interior town* ttxlnjr, compared with the «me day last year: A . 1906 1905 Houston Aagnsta Memphis 8t. Uil* Cinrfnnntl 14280 2221 53 460 78 11384 4196 141 *W7 Total 17000 15880 ami opeied SUM WEB Sympathized with Greater Weakness Than Expect ed in Liverpool. partial RECOVERY Closed at About Highest Prices on Covering by the Shorts. K ew York, Sept. IS—The local cot toil market started 4 to S point* lower ‘ Mne with cables, but following the ,°,1 rallied a point or so on the active noll(in“ The decline In the English was due to freer offerings from ihe South- The cotton market was dull today, .hort sessions In all the speculative 5.0 era being the chief cause. Liverpool, to start with, was much lower than expected, spot showing a decline of 7 P° lntB ftnd futures * ome * '"v'v York opened 4 to 8 points low- sympathy with the weakness cfown in Liverpool, and on the Ideal weather reported from the cotton Zii Prices acted the reverse of yes terday however, the opening being at practically the lowest point of She ses- Sl The visible supply statement was .,.111,h ami cotton Is not moving to market in sufllcl.ent quantities to give the bears the encouragement necesasry 0 carry large lines over Sunday, hence he short session today was devoted mostly 10 covering by this element, and Sttrthe opening call prices worked gradually higher, the close being at .bout the highest, net unchanged to 8 '"comparative receipts at all United States ports: Receipts at the ports today Sime day last year.. .. Decrease... ... • •• ••••• Total receltps since Sept. 1. Same time last year . 24.411 ..28.148 .. 4,113 ...233.528 .414,532 1905 2,264 18,725 15,374 Decrease • ■ •' ••• Estimated receipts Monday: 1908. Yew (Means • • 4,300 to 6,000 Galveston 11,000 to 12,000 Houston 9.600 to 10.500 SPOT COTTON MARKET. Liverpool, 'inlet and easier: middling up- k»ti 5.VSI : silos 5.000; American 4.400; spec. B'umupI « xport 500t receipts 9.000; Amer. bn LOOP. ■ . • Atlanta, stonily nt 9\4e. Xe» York, 'inlet nt 9,80c. Xeir Orleans, quiet and steady at 9 6-16c. Annuls, quiet at 9J4e. Sarantufa. quiet nt 21-lOc, St. Lulls qalet at »e. ,BMton, quiet at 9.Mc. llnnslnn, stondy at 9 516c. halrentim. tlriu at 9 5-16c. Wllmhiaton. steady nt 91-169 Menq.hU. quiet nt 9916c. Bslllmore. nominal nt me. Mdladelphln, stonily at 10.C6c. TODAY’S PORT RECEIPT8. The following table shown receipt! at the mti today mpnrod with the name day futures Private Wire to Ware & Inland. New York, Sept. It.-Liverpool lened easy, 4 down. At 12:» p. ui.. 6447 down on the near nijd 541514 down on late, and. qnlet. Polos 5 1 00q._«pot*, 7 down, at opened easy, 4 down. J own on the near mu ud qnlet. Balea 5.00a spots, 7 do* 8fd- Pntures due 2H63'A down. A private Liverpool cable aaya: * uf .the decline here la south Is otferlng more freely this morning." Cotton opened about na expected. There vrai heavy selling by commission houses, mill local spot people sold some cotton here. The offering of spots In Liverpool Is sup- nosed .to luvu nffeetcd the market unfa vorably there. lAHik fur a quiet market. Itlonlau sold abotil 7.600 Ilnember at 9.16. Weld took a gooil part of them. . stock, of cotton In New Orleans Is 19.120 hales, against 46,632 Inst yen- The amount of cotton ou shipboard la ',534 bales, against 6.074 Inst year. KollovHng la the atatlatlcal position of cotton on Friday. September 14, na made up by The New York Financial Chronicle: «t Is said Ilntton, Weld and Mitchell arc-buying on the expectation of Mlaa Utica’ report lielug very liulllah. It Is ex pected to-be Issued early next week. Wilson la offering 2,000 December at 9.20. Thla last L Last Week. Week. Year. ...1,748.032 1,732.689 2,635,253 . 916.032 863,699 1,101.235 . . 337.926 127.506 “ — , . 210.420 127.506 . . 139.621 72,061 . 249.651 ■f'S Edited by Joseph B. Lively MARKETS Mr. Lively's twenty-five years' experience of ed iting markets In Atlanta and the South has nude him a recognised au*. tborftjr In hfs specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS Visible American. . , Crop In sight. For week. . . Port receipts. Port stocks. Bxports. . . Interior receipts. . 115,'. Int.' shipments 94,009 Interior stocks. . . 121,033 207,747 63,777 W.277 100,711 216.738 449,612 122.181 160,7171 dence st this particular time, and tj*e tract market declined In spite of the 6IBERT A CLAY 8 DAILY COTTON LETTER. W Orleans, Sept. 15.—Liverpool cables IT* , eiji'iiuraglng today, and the de- In "I't ons was generally attrlbnlcil nL'f'Jklul'Intlon of a few ionga aud to ,h- s', vi n iew mug* nuu iu jne st/rlpatory heavier movement of rot- .that more favorable weather baa losing prlcea were 6 points lower previous day, and spot lost " Bi sales I'lii'iintlna to K (XV) boh !t* J 11 ;. a ... ie.. were the previous day, and .... . rf, U K '. "' 4’nountlng to 5,000 bales. Bar- yjMleniion. all pointed to a lower mar- the U t.l'erpnol was disappointing, and ' " E " ,r "Hent, but prlcea ruled re. ,. .r !llr steady and recovered almost all "Paalng doellne on the strength of «ttITi' ’'"“'len. Every kilo of desirable Is quickly purchased, but tbs move- SLl!.!” 1 '-an not be called Isrge, ss BS"'* T general that exporters sre K,« rons.derable difficulty In aupnlylng “gM'iemher shipments. Speculation la J’tely a non-exluting quantity, and ^"loentl.v price changes hare such s mrb! that at times th* contract Si?' “"A 'he appearance of completely RoIlJI. .logical atrength of the staple. Ml ml:.? fl111 comprehension of ths gen- i™,,. 1 ' 1 ?" .seems to exist, for there Is JWsrent desire on the part of ahorta advantage temporarily Influences n ^lMhe ™,'Jp n |y. for co,ton “omentarlly THE DRY GOODS MARKET. , S T'' 1S —The dry goods trade boycm complaining of Urn* ««. r t-V 11 sheeting*. Cotton - innpg *ctlye. bllt W | tbon r any ^ _ __ unfa rorable, although mo*t hrokera call botli the visible supply atntenient and The Chronlcle'a weather luminary bullish. The weather map la again rery favorable. No rain aud moderate over the cotton belt. Prlrata TT.ie to olbert * Clay. New York. 8ept. 15.—Liverpool cloaed about 0 points lower. Waa due 3*& lower. Liverpool weekly cotton ntAtlstlcs; Week's ilea 47,000 halea; American 33,000: export 1,600; apeculntiou 2.100; forwarded 48.000; actual export 3,000; receipts 17.000; American 15.000; total atock 327,000; Atnericnn 234,* 000: stocks afloat 75,000; American 58,000. New Orleans, Sept. 15.—Idverpool at down la disappointing. A decline of points waa expected. The Tlmee-Dcmocrat: ‘The talent real- r-confl R e con i most active local demand for spot cotton thus far witnessed, and the sale of one lot of Liverpool full good middling (28-29) nt 63 points on Heptember. The situation under went no change whatever, though the di minishing prolmblllty of an early cold wave helped the bearish contention aome. Spec ulation w’us tu small volume and ambition of the daring sort was uot in evidence at . 1906 and 1904. spin ners’ takings compare favorably with 1906, and are more than 100,000 bales In excess of the 1904 showing.” , - , Market Is very steady. In spite of bear ish Influences. It lacks snap, however, ond Is extremely narrow. Bradstrcet's Itevlew says: "Cotton fab rics easily lead the list of textile prod ucts, which report n very active demand. Cotton manufacturers are optimistic.” great demand. Showery weather has some- I what retarded picking this week. Today's map Is very favorable, with lit tle or no moisture recorded. Weather con ditions are generally clear and tempera tures normal The Influence of favorable weather and a disappointing Liverpool should exert some pressure on prices. WORLD’S VISIRLE SUPPLY STATEMENT Hecretsry Hesters statement of the world's visible supply of cotton for the week ended yesterday shows nn Increase of 10.412, against an Increase of 82.284 last year and nn Increase of 72,600 year before last. The total visible Is 1.751,881. against 1,- 741.249 last week. 2.648,662 last year and 1,227.840 year liefore last. Of this, the total of American cotton Is 919.661, against 872.249 last week. 1,812.662 last year and 642,- 840 year liefore last, and of all other kinds. Including Kgypt. Brasil, India, etc., 83&000, JM9.000 last week. 834,000 last year agnlnst visible supply of cotton ns above shows nn Increase compared with Inst week of 10,412, a decrease compared with last year of 896,001 and nn lncrense compared with year before last of 623,- Of the world's visible supply of cotton, na above, there Is now nfloat and held In Orent Britain and continental Kurope 784.- 000, against 1.427,000 Inst year and 684.000 year before Inst; In Egypt 27,000. against 25.000 last year and 47.000 year tiefore last; In India M5.000, ngslnst 549,000 last yesr and 301.000 year before Inst; and In the United Htstes 376,000, agnlnst 616,000 last yesr and 293,000 year before last. SPINNERS’ TAKINGS AMERICAN COTTON Swrctsry Master fives the takings of Amerlcau cotton by the spinners of tho world for the paid week ns follow,: This week 152.600 this year, sealant 157,. 000 Inat year and 136.000 year Iwfore Ust. Total ui nee Septtmlier 1 this rear 315,000, asnlnat 229,000 last year and 304,000 the year • b *0f r *thls. northern eplenere and Canada took 33.000 hales thle year, against 46.000 last year and JAOOO theyear liefore; south ern splunera 18,000, noalnet 85,000 last year and 65.000 the year heforr: and foreign •pin ner, 194.000, again,! 126,000 last year and 106.000 the year liefore. ROSIN-TURPENTINE PRICES SLASHED Savannah. Os.. Sent. 14 -The naval store, market was nliuoet In n demoralised con'll* tlon In the Into trading Ihla afternoon, nrleee for spirit, turpentine and also for rosin being slashed. There Is no apparent reason for the tendency, as this I* the jea son of the year when prices should go high a- Ws^tmrjiss:^ w dl T| l ie Mdfitr'market opened **e week Arm st 62ee!lic. nnd cloaed quiet nt 60%ejlc. Once during the week, the price was *214o. In the late trading this afternoon, sale* were made at «0e, flOlic and SOJio. Seme factors decllnrd to part with their holding, at 65c, which was the belt bid they re ceive® for unsold lots. l<r every token 'X r.T ,: f ,x m e B M’th« n n r triS«- « d jS&'VHcf 1 W&SSy'K £74 ^Roilni vfK also hammered during the week, the close of the market today wit* neeelna declines In almost every grade, tho rales l>elttf hardest hit. In the late tred- fng this afternoon, prices were riasbad recklessly. Rather than accept the declines. tUo factors preferred to carry over. The NAME! OF STOCK. Amalgamated Copper.* Atlantic Coast Line. .. American Sugar Kef. .• Anaconda Amerlcau Locomotive. . do, preferred. . . . Amer. Smelting Kef. • uo. pmenrea. . , • • . American Cotton Oil. . • . Amer. Car Foundry Jlnltlmore & Ohio Brooklyn Bspld Tran.. . . Csnadfan, Pacific Chic. Sc Northwestern.. • . Chesapeake Sc Ohio. .... Colorado Fuel & Iron.. • . Central Leather do, preferred. ..... Chfe. Sc (irent West'n. . . Ch c.. Mil. Sc tit. V. . . . . Delaware A Hudson Distiller’* securities. .... Erie do, preferred General Electric ; Illinois Central Amtr. Ice Securities...... Louisville Sc Nashville.. . . . Mexican Central Mleeourl Pqelflc « I an wt »»s>| <lo. pro: Total stock sales today, 89Q.200~si NASH) OF STOCK. N. Y., Ont. Sc Western. Nntlenst tc:"l S<trtlu‘tu l*«c*lflc. . . . , New York Central. . . . Norfolk & Western. . . \ I'cunsylrnnla People's Gas Pressed Steel Car. • . . do. preferred Pacific Mail Reading Republic Steel Hock Island do. preferred United States Rubber. . do. preferred Southern Pacific. ... , Southern Railway. . . . do. preferred. . . . . ftloas-Sheffteld Tenn. Coal & Iron. , . . Texas A Pacific Union Pacific United States Steel. . . do. preferred Western Union. . Wabash do. preferred. NEW YORK. Kept. . . Oct. . . Nov. . . liec. . . Jan. . . Feb. . . March. . ‘fer steady. : today: It Tirrif 9.15-16 *1S3 9.28*29 I 9.35-37 9.42-43 9.5GH 123 9.23-34 9.25-37 9.27-38 9.36-37 9.41-43 f.040 9.61-62 HESTER’S WEEKLY COTTON STATEMENT Secretary Heste*. of the New Orleans cot ton exchange. In his weekly statement of yesterday, shows a decrease In round fig ures In the movement Into sight for the *>ast seven days of 77,000, tinder the seven lays ending September 14, last year, nn Increase over the same time year before last of 26.000, nnd nn Increase over the same time In 1903 of 114,000. The amount brought Into sight doting the psst week has been 199.6B) bales, against 227,152 for the seven days ending this date last year; 225.854 year before last, nnd 85.642 same time In 1908; and. for the fourteen days of Kentember. It nss been 330.498. against 496.SB last year, 379,390 year receipts nt nil United 8tates ports of 209,- “8, ngnlnst 354.754 Inst year; 275,838 year >fore Inst, and 63,407 same time In 2903. .. .... . . o b j 0 anil Overland across the Mississippi. »e rivers to northern mills nnd Can- 42, agnlnst 9,628 last year; 75.652 year last, and 218 same time In 1903; Inte rior stocks In excess of those held Sep tember 1 at the eloae of the commercial year 15,740, against #,249 last year: 36,748 year l»efore last, sml 21,843 mime time In 1903; southern mill takings 88,000, against 85.320 Ust yenr, 60.161 year before Ust, and 29,789 same time In 1901 Foreign exports for the fourteen days have been 129,468. agnlnst 153.832 last year. The total taklnwM of American mills, north, *o"tb nnd Canada, thus far for the season have been 121,589. against 131.231 Ust year. Stocks at the seaboard nnd the twnn- ty-nlne leading southern interior centers hive Increased during the week 69.150 bales, agnlnst an increase during the^ correspond ing period lost season of.137,707, and are now 291.000 less than at this date In J904 Including stocks left over at por*s and interior towns from thejast cron and the number of bales brought Into sight thus LIVERPOOL. The following tatie gives the opening range and close, compared with yesterday's close: Futures opened quiet. Opening Prevlons Range. Close.. Close. September... 6.32-6.1!) S.ia 5.26 September-October. ..f.06-5.06 5.06 October-November. . .5.024.00*4 5.00*4 November-Deeember. .5.01-5.00 5.00 Decemt»er-Jaunary. . .6.03-5.01 5.01 January-February. . .5.03-5.01*4 1.01] February-Marcb. . . . 5-08*5 5.U6> March-April 5.07-6.05*4 6.05< April-May 6.09-5.07 5.07 May-June.. .. Closed quiet ..6.10-5.08*4 5.06*4 6.14 NEW ORLEANS. t —s, .w.toning is the rang tures In New Orleans today; Sept. ."T Oct. . . Nov, . . f»ec. . . Jan. . . Feb. . . March. . May. . Closed 11 steady. T. 80-84 8.91-93 9.04-06 9.20 9.27-28 9.35-38 9.43-44 9.56-66 TtfH 9.00-01 9.12-14 9.24-25 9.32-33 9.38-40 9.47-48 9.58-50 TIPS FLASHED From Wall Street CLOSE WAS NEAR BOTTOM PRICES Wheat, Coin and Oats Left Off at Small Prac-. tional Declines. Si* *1 P rtc **. lUw wool was la »,',!* "overs, who Tiove been « tk. . i ,n 'oik* numbers, complain •ecm - r—---- Wr ."Udtj- 0( uranj Him (or quick jet In Jbh •• !!ir. b **™ Ur nue auccafnl M.lder bonsht at a ileclliie for luri'te every «ra.le o( It woulil probable'tfiat s 'ban. adeance ruay net In 'this week, a* prbv* are * low for this season of th* year. GIBERT & CLAY 14 K ALABAMA AT. STOCKS BOND* COTTON. ORAIN, corree. provision* ATLANTA. OA. &J 0 'k Stock Exchans*IKew Orieiin«Cottoi» Exch.nse.'lChliraso.BMrfl of_Trafl*.. ®^c 0 oS?SsS5s? 8r r i’2S.‘ 8aa § e ?SSI:te"SSi^Sa»' SSSIbw. snd Lora DIsUnos'TsUphone*5298.' n. FAGAN, M«n*o»N ALONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone, Main 858. ATLANTA, GEORGIA. THE CHRONICLE ON CROP AND WEATHER New York, Kept. lh-AiWIras to ns by te- egrnph from the South IniUcate that rain has fallen In moat localities florin* the past week, but there are no complaints of ex cessive precipitation or that Plektox bn* Im materially Interfereil with. Deteriora tion la referred to In nur report* from Ala- Iwma, am! nnr Anruata correaponflent nay* the crop In that vicinity la four week* taler than la.t year. New cotton ts moving more freely, but uot as rapidly as s yesr ago. COTTON MOVEMENT DURING PAST WEEK ■ For the week enhed'.ycsterdsy. Superin tendent Kin*, of the New York exchange, give* the movement Into sight ai follows: Wsskly Movsmsnt. Chicago, Sept. 15.—Soma of tho big wheat shorts of Minneapolis and Du luth ware on the buying side of the market early causing a better tone, Thla was helped by the unfavorable weather up there and the fact that the shorts seemed to be less sure of their position In the market. Condltlona changed In the pit aa the day wore away and there were net losses of l-te with the close around the bottom prices reached. A bug run of wheat was promised by both northwestern points r Monday. The English visible supply Increased 300.000 bushels for the week, against an Increase of 310,000 bushels a year ago. The French crop report, aa sent out by the bulletin dispatches Halles Is smallor than last year, 342,400,000 bush el*. against 1,130 000,000 bushels a year ago and the natural weight 63.3. against 61 and a fraction last year. Corn closed .l-8tj>3-18 lower. Oats were l-8c up to 1-8 up and pro visions were without marked change. Cash sales here were 40,000 wheat, 60.000 buahels corn and 60,000 oats. Ten loads wheat, 6 loads com and Port receipts. This Year. ...136,397 Overland to mlils and Can 4.413 Southern mill taking* (es timated) ...... ;••• Gain of stock . t« Interior towns ‘ .. 18,111 Brought Into sight for the^ ^ Total Crop Movsmsnt. Port receipt* -■ ..311,664 Overland to mills and Can- Southern 'mill' taking*' (rati- mated) Stock at Interior town* In exeeas of September 1.... Brought Into sight than far 3,613 T". 76,000 WARE 4 'daily cotton letter, •ml write of nufflclent volume to leed to a recovery of ell the lot* that followed it eliarp decline In Liverpool pneea. The undertone ahowed conriderable and while December a°14^Ai tgm-tu 9.14 •erlr. lar*e hlocka were traded la early at thla fiaure on abort coverlnf, and the dealM* toony proved auch that later In the »lay December aold at*9.3) and 9.21, thcre- l»y recovcrin* all the day'a decline tteak- neaa In Octotier waa a fentnre during the ■harp break at the openlnr. I»nt later on the demand for Octolvr by thorn who were picking np ap°t cotton ami Belling later rnontha. reatored the difference jjreviouily cxlBttnc. There aeema to be enongn demand for cotton at nreaent figure* to prevent very much of a decline, and we fiN*l that on auch break* *• took place thla morning, cotton can be bought with X u ra5s?a M wag i",,,, >o be more atiengtb In the spot qivUInn. and na long •« this eontlnues, scalping operallona wbl be In order. COTTON SEED OIL MARKET, fjien LIVERPOOL GRAIN MARKET. Wheat-Opened unchanged; rinsed %c h cSrO-Opeoedsod'ckwed saebsaged. V. L. KEJir. Trea.u J. W. ANDREWS, UNION SAVINGS BANK Four Per Cent Inter est Paid on Deposits ASSETS $150,000.00 On* dollar starts an scoount. Hours: 9 s. m. to 6 p. m. Sat urdays till 0 o'clock at night. OINECTOR* I THOS. J. l’KEPI.ES. . W. B. STOVALL. F. J. PAXON. 30,000 bushels oats at the seaboard were taken. Primary receipts were 6,316,000 bush el* wheat for the week and 4,921,000 re spectively a year ago. CHICAGO GRAIN MARKET. —Icago — for todsy WHMT- N£8 I I h P i i a tii a, n«7|ii. iu.—riuniinni nurenu. Further ftuillah operation* a«*eiii likely to ua In the atock market today. Tho Iwnk atate- nieut ahould lie a good one. The money flurry yeaterday may. Im explained l»y two things: waltlug too long for lower rates that did uot come and n carrying over till Mon day. The money situation In Now York Is much Improved. It doea not luatlfy a broad bull market yet, but anorlaltleii may be ad vanced, and the specialty program aeema to be governing. We would t>uy the atandard atocke aa a rule on reactions of moderate extent, taking fair returns on the bulges nnd glvlug particular attention to special- tlea. Expect specialty Improvement today* on which would take profits and await relic tion. The Gates crowd la bullish on Realty. The bank statement not a* good aa ex pected. Surplua $3,000,000 over requirements. Hentlinent continues bullish and la likely that Heading will lend the market upward, although more or less reallslug can he looked for all through the list, the usual week-end evening up. Would not Ih* surprised to see Miss 1'nclflc cro«a par. and ahould stimulate me balance of the Southwestern rails. Would buy the ftiuailer industrials If by any chance they should be hammered down. Distillers a very bullish feature. Market display* atrength. Coppers look higher. Would buy Biscuit. Think Rending la going up too fast, and If It breaks sharply will affect balance of market. Southern Pacific acting well. Dow-Jonea* summary; Total gold move ment from all polnta about $27,000,000. Secretary Taft and Acting Secretary Ba con will go to Culm to make peace. Twenty-seven road* for July show an *v- erngo net Increase of 17.33 per cent. Twenty-eight road* for the first week In Septemlier show average gross Increase of 12.21 per ceut. Dun’s review say* volume of trade con tinues beyond precedent for tho period, nnd there are no Important labor struggles to handicap progress. Brndstreet'a.says trade and crop reports are uniform and an Immense business Is doing In fho West and Northwest. Ranks mined on week's currency move ment $14,190,700. all derived from deposits agnlnst gold engagemento. Twelve industrial* advanced .62 per cent. Twenty active roads advanced 1.07 per cent. LONDON 8TOCK MARKET. •8.97*4 8.60 6.97*4 PRIMARY MOVEMENT. The following figure* give the primary movement of wheat and corn for todny: Wheat—Receipts 1,078.000 bunhel*. against 892,000-last year; shipments 483,000 bushels, agnlnst 497,000 bushels last yenr. Corn—Receipts 550.000 bushels, agnlnst 656^ 000 buahela Inst year: shipments 682,000 buabela, against 802,000 buahela last year. N0RTHWE8T CAR8. The following figures give the northwest CHICAGO CAR L0T8. Today. Tomor. 34 78 39* 747 217 806 10000 87000 Wheat Corn. . . . • • Oats. . . • • • Hogs. •••'•* NEW YORK BANK STATEMENT. Ths weekly statement of the New York Bank Association abowa the following change*: Reserv**.. ., • Loans „ „ „ Specie. 8,C Legal* Deposits •• •• •• Circulation* Not aa good aa expected. SOUTHERN EXCHANGE Oldest established Office South. COTTON STOCKS BONDS GRAIN Ground Floor Oould Building. Dully market letter and market manual mailed on application. L.J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Correspondent's Capital $250,000 REVERENCE. THE NEAt. DANK PHONE 1417. PRUDENTIAL BLDG 8TOCK8— Amalgamated Copper. r . ..... Anaconda , Atchison do, preferred Baltimore and Ohio. . . , Canadian Pacific Chesapeake and Ohio. . . , Chic., MU. and St. Baal Krie.. do. preferred Illinois Central 1/tulsvUle and Nashvlll*. . , Missouri, Kansas and Texas., do. pr*ferred New York Central Northern Pacific Norfolk and Western. . . Ontario and Western. . . . Pennsylvania Rending Rock Island Southern Pacific Southern Railway Union Pacific . , , .. United State* Steel. « . . do, preferred do, preferred. . . * , ... ADVANCES GENERAL AT THEJPENING Reading Was Most Promi nent Feature in tlie Day’s Trading. ADVANCED SHARPLY Baltimore and Ohio Ex tremely Active, Selling Highest Ever Sold. THE COFFEE MARKET. The following table gives the opening range and close, compared with yesterday’s dose: Opening linage. Close. 6.75-6.80 6.80-6.85 tt£8 Sr April.. a. May., a. , June.. ,, a, July August., a, Heptember.. October.. .. November., December Cloaed steady. Stlea, 61,760 bags. ....7.10-7.20 ..7.15 . -ir* .. , ..6.60 6.664.0 6.70 V.li ... 7.30-7.36 7.26-7.30 6.66460 6,1(40) 1.664.70 0.754. W New York, Sept. 16.—Lust week’, deficit of 36,000,000 In bank reserve.1 waa, according to anticipations, con- alderably more than wiped out In to- day’11 return*. Yet the figures fall abort o( ahowtng the week's gain in caah. Specie holdings are up 38,025,- 000, legal tenders down 392,200, and the combined result la again less by 36,000,000 than yeaterday, preliminary estimates suggested. Tho statement, of course, (alia by a long way to record the full strength of the local banking position. Correction of the error Is, as 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 th* two hours of today’s business was ex tremely Irregular ond 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 this, Read ing was marked up nonrly 4 points further and Baltimore and Ohio and Pennsylvania were kept very strong. After the appearance of tho bank state ment prices were shaded pretty gener ally, but the presence of a powerful support was apparent In the closing dealings nnd prices at tho 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 5,000 shares were numerous. This buying forced an mlvance to 1531-3, against 1481-3 at the close yeaterday. The selling was almost wholly to take profits. Later realis ing caused a reaction to 151 5-8. Tho buying was baaed wholly on an as sumption that a coal land holding com pany would be formed. Baltlmoro and Ohio wa* also extremely active and strong, advancing from 122 to 124 1-2. the highest price at which this stock ever sold. The buying was practically by aome houses, the heaviest purchas ers of Reading. Erie waa strong, sell ing at 49, agnlnat 43 3-8 In the 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. Sept 16.—The tncsl refined and raw lugsr markets steady and nn- changed. London beet nnehangau: Septem ber lbs 3d; October 10a Slid. ATLANTA NATIONAL BANK ATLANTA GA. C. E. CURRIER, President A. E. THORNTON, Vl«e-Preald«nt H. T. INMAN, VIoe-Praaldant. GEO. R. DONOVAN, Cashier. JAMES 8. FLOYD, Asst Caahlar. Capital $500,000.00 Surplus and Undivided Profits....... $500,000.00 We Solicit^ Your Patronage. 31 % Compound Interest Is the rate your money will draw If deposited In the 8AVING8 DEPARTMENT of CENTRAL BANK AND TRUST CORPORATION CAPITAL $500,000.00. CANDLER BLDG. STRONG, SAFE, CONSERVATIVE You are Invited to cell and inspect our quarters and Investigate our facilities to serve you. A hearty welcome awaits you at thla bank. ASA G. CANDLER, President. W. H. PATTERSON, Vlee-Pres. A. P. COLES, Cashier. JOHN 8. OWENS, Vice-Free. WM. D. OWENS, Asst. Cashier. In rwL fffir uri€»at. OOTTON^G^Am, ^ROVISIO^StOCKS^BONDS, No, 2 Wall StPtfen Building, Atlanta, 6a. UlMDUS; Ckltaf. few Orftaat Caffaa tnchaaga. '"fthaffWltti uftiw "irk, Mam Ortaaaa, Chicago, tall Fboaa 1262. k/cigo Board at Trade. tUtia Stock tichaaga. m Yark Cotlta lackinga. 0. C COTHRAN, Manager. Standard Pbaaa2 JUADDOX-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. HUBBARD BROS SCO., Sis Atlanta Offlcea, 219-221 Century Building. Members New York Cotton Exchange, New Or leans Cotton Exchange, Liverpool Cotton Aaao- elation, Chicago Board of Trade, New Yprk Cof fee Exchange, New York Produce Exchange. Business solicited for the above exchsoges. Direct wire service. Correspondence invited. Phones 454, Long Distance 39. A. S. Hustsce. 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 Modern Conveniences You should not be without one. We invite you to call and inspect them. Title Guarantee and Trust Co.