The Atlanta Georgian. (Atlanta, GA.) 1906-1907, September 19, 1906, Image 13

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THE ATLANTA GEORGIAN. WEDNESDAY, SEPTEMBER 19, 1906. BEARS SELLING COni FREELY Their Orders to Sell Caused Slight Opening De cline Today. PUBLIC HOLDS ALOOF Professionals Fight Among Themselves—Spot Cot ton Firmly Held. yew York, Sept. 19.—In view of the cables the opening of the local cotton market this morning was disappointing, Ar»t prices being 1 to 4 points lower, In- Huenced by heavy selling pressure from strong Interests who were Identified with the bear side yesterday. After the call the local market rallied 2 to 3 points from the bottom. The Liverpool market at the opening this nomine was not discouraging. It opened shout mm expected, or almut 5 points down Liverpool's showing the New York market should have opened st little change •Ntcrdnr, or 1 to 2 points higher. Initial prices showed declines of \ to 4 points. followed by an Improvement of some 2 to 3 points In the early trading, af ter which the tone wss dull with fluctus. tlonn narrow, though the tendency was sllghtlv toward a lower level. The ’public Is out of the market nnpnr enilv at present, leaving the professional element, nlways itears, to shape the course of prh es on cotton for future delivery. lu — | g n g<MM | demand, and while of. free, sellers refuse to make /ii fin* caatern belt occasional showers and thunderstorms sre predicted except for Mis* slMippl. where fair weather Is forecasted. orally the territories for tonight and Thursday, while In Louisiana and Arkansas msfonnl showers sre predicted. sing are tho active month# In Liver pool today Ortolwr-November. ..6.04 Jnnnnry-Kebruary. ...6.06 March April 6.10 i-June 6.13 Open. High. Low. 6.06 6.034 6.07 6.044 6.114 6.00 5.13 dmparntlve Heeelpts at sll V. 8. Pofts I'lpts today 21,799 NEWS AND GOSSIP Of tbs Fleecy Staple. I’rlvst. wire to Warn A t,u nrt New York. Kept. 19.—Llveriw»r future. rtjrfkS W»*» At 13:15 p. 7 MO VtlJ 1 7”-, " ,1 ' 1 Ifi**. Kpot win down. * S ' 60, * d *"• * ,ap to ™me 4 ®* c * blM: . "Mnrket nfleeted un- y ,y *’?" r New York report.,” ■Ide'wlihUr m,do . r ■muere.l out. ,*'“1, SJJJJW. OJIjf'B* token nioltly hr local shorts. Indiffeicuce of trading nubile am reports of big yields oppreSSi* market fjjL l, 2i rel * r , un Quickly with light trade. Limk for easier market. °P*ulnjt there bus been a fair do* sutmllJo* «V t i 01 ?’ T h,B s “* , * ni “ t0 have I icon tie matter' * 00,1 u,H ‘ rator8 “ r ** ■elllng Carpenter, Daggott & Co.. „ llu Mlt! C # «2 B >Kr ritl «r l,t °f *f* e l M,,,Uc * particular- ly In the south, nnd the Indifferent huviug of manufacturers, we would furor sell- mg. ns we expect much lower prices." °. r .i?? nB » ,**%•. W.—Vicksburg, Miss., In this locality ginning to note f exceeds two years ago 25 to 75 per The weather man Indicates a few seat, •lowers In Texas and considerable are dry the At,ftnt,c Mates. Other sections Liverpool cables; “Market bolding firm In consequence of the strength of the locnl “ situation nnd fc-ufflcfent offerings of »u from the south." Private Wire to Olbert k Clsv. New York. Sent. 19.—Liverpool at 12:80 lower* lower. Was due 4064 Market easy with tradlnj New Orlenus, Sept, down Is ns expected, Edited by Joseph B. Lively MARKETS Mr. Llvely'e twenty-fire years' experience of ed iting markets In Atlanta and the South has made him a recognised au thority in his specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS 8nn Antonio, »dlng mainly local. l9.-Llverpool 4044 and should have no dispatch shvs: •The movement out of this section tilts year has been enurn-Mrotrl. The farmers at the present good price of cotton, with the large production, are coming Into 8nn Antonio with large quantifies. A dispatch from Taylor. Tex., says: "Not i several years, If at sll. was there such a demand for cotton pickers ns there was on the streets of this city yesterday ■nd this morning, nud It seems as though the fsrmers are unable to cope with tho situation, nnd should a rainy spell act In there Is no other outcome than for the fanners to lose n large amount of cotton from fsllurn to get It gathered." Today's man shows further rains In the Atlantic's, with cloudy weather conditions. The central belt Is clear and dry, while In the western occasional showers have oc curred. The map Itself is only fair, but qiilt# a number of statlous are missing. Our trayellng rnrre*pondsnl wires from Stamford, Tex.: "Waco. Morgan. Jfleo to Dublin good crop. Dublin, Cisco, Albany to .Stamford simply Immense; about ten days late. Plant large and heavily fruited; some complaint of worms, but local. With normal conditions this section will make a mammoth crop. Picking It will be the problem. Iteront fine weather maturing cotton rapidly." NAMB OF STOCK. 85.611 65,702 81,682 Semi-weekly Interior Movement— 1906. elpts 66.802 Shipments 62,748 Stocks 100,209 oiupnrlson with last year. Hut I mated Receipts Tomorrow— 1906. 1906. NV«- Orleans 2.400 to 3,400 2,011 fifllvesfnn 9,000 to 10,000 11,148 Houston 12.800 to 13,800 10.657 Tevns buying In New Orleans and In New York mused late steadiness, nnd In the late •ding the J«*st prices ifere reached, tbe y*c being steady 2 to 6 (mints better thau yesterday at the close. SPOT COTTON MARKET. crp«N»l, cotton, spot demand moderate easier; middling uplands 6.601; sales American 5,900; speculation and ex *'“■ “ ■elpts 1,000; American 200. Savannah, steady „* .... Sr. Louis, steady at 94c, Houston, steady at 94c. boston, quiet at 9.75c. Memphis, steady at 94c. Galveston, firm at 9 7-16e. Baltimore, nominal at 94e. Wilmington, steady at 94c. TODAY’S PORT RECEIPTS. e following tabit st ports today, compared lut , Mobile . . . . , knvnnnnb . . . charleston . , , Wilmington . . 4191 9022 1463 6128 1101 11417 1707 2439 3688 INTERIOR MOVEMENT. i he following table shows receipts at the interior town* today, compared with tbs ^me day last year: Memphis EARLY ADVANCE FLASH IN THE PAN New York, Sept. 19.—Tho Sun says: early advance was merely a flnsli In the pan. A local crop report was expected to do great things for the mnrket. The truth Is that It declined before the report appeared. The early rise was due to the firmness of Liverpool, hen ‘ ' ' eastern belt, expectations < by a Wall street house i_ marked deterioration In the crop < ever, the marl Ixlng and a lienrlsl by the fact that the weather In the main was favorable In the cotton bett, and much of the locnl short Interest had been cov ered. Another thing against the market wss the continual Indifference of the out side public. Deterioration there may have beeh. but most people believe that It is no greater than usual at this time of the venr. The spot demnnd Is said to be good, nnd spot markets were generally firm, but the bears talk of big receipts Impending, nud Insist that supplies will lie so large this season that a Tdg surplus will lie l< American Sugar lief. .. Anaconda American Locomotive.. , do, preferred. . . . Amer. Smelting Uef. . .. do, preferred. . . . Atchison . do. preferred. . . . American Cotton Oil. . °“£* •••••• CWe. A Northwestern.. , . . . SJmpeake A Ohio Colorado Fuel A irou Central Leather. . . .! ! ! /»9.* do * SfeWSW'S?::::: {graiSiffiS:: , do, preferred Electric. . . . Jlltnot, Central Amer. Ip. Secnrltle*. .. Louisville * Nubvtlle.. Mexican Central Mlaeourl Pnelflc. NEW YORK. tureq In New York today: Kept. . Oct Nov. . . . Dec. . . . Jan. . . . Feb March. . . Mar. ... . Closed ste 9.17 9.17 9.29 9.85 9.37 9.87 s 8.87-91 8.95-96 8.99-10 9.26-26 9.3445 9.42- 48 9.50-51 9.42- 43 1.85 88 I.M-M 9.06-07 9.21-22 8.81-82 9.87-39 9.46-46 9.59-54 'otal stock sales do. pre 1.451.1< NAMB OF STOCK. . Ont. A Western, National Lend Northern Fuel Ac. . . . New York Central. . . Norfolk A Western. .. Pennsylvania People's Ons Pressed Steel Car. . . do. preferred. . . . Pacific Mall Heading Republic Steel Rock Island do. preferred. . . . I lilted States Rubber. do. preferred. . . . Southern Pacific. . . . CoutWu Hallway. . . no. preferred. . . . Sloss-Sheffleld Tenn. Coal A Iron. . . Texas A Pacific f'nloti Pacific. United States Steel. . do. preferred. . , . Va.-Cnr. Chemical. . . do. preferred. . . . Western Upon. .... Wabash, r. do. preferred. TIPS FLASHED From Wall Street New York. . advances small. Ij I* likely that Rending, Baltimore and Ohio and Amalgamated Copper will continue ns * * * -* * bullish talk ... may lie'forced to higher levels. Advantage was taken to sell out long stocks on the upturns, nnd the market nets heavy. Would only buy them on sharp dips. Would sell out Coppers. on dividend * Understand American stocks in' London firm, 404c bove parity. Missouri Pnelflc earnings second w*eek of September Increase $6 A 9™ Lake Shore annual __ plus after dividends of 1 r.f 17!» defeating 1 di vided, with egates to Ilearst. Orders on Itooks of various steel com panies are estimated at more than 81.000,- 000,000. Fair demand for atocka In loan crowd. years, nnd 15, largest of any AND JSETTLED Early Advances Were Fol lowed by Sharp Declines the First Hour. * ON MONEY SITUATION Stocks Carried Over Night Sold Quickly as Possible This Morning. LIVERPOOL. Th, follovrlne flfurp. glrp (b. om-utnc ra«X. .nd clow, compared with yr.tenlnj-'i Knium opened Mil.r. % Opening. September. Kept.-Oct. , Oct..Nor. . Nov.-Dec. . Dec.Jan. . Jan..Feb. . Feb..March . March-April., , Prevloua tange. Close. Close. 8??..*5?44 ?-28 6.28 x .„ 6.10 .6.13 -5.124 6.114 6.17 .6.18 -6.144 5.18 5.184 NEW ORLEANS. The following Is the range In cotton fu- tures In New Orleans today: ReptTT" J| ■I J.aUJoTTa, # .W 9 .a • I ».15| 9.SI 9.WI 122 NOTES ON GRAIN Pointer* on Provlilone. ■tulle nro not wnntlnE who bbllnu light, cotton goods In excellent demand nnd the consumption of raw material large."- CJIbert A Clay. New Orleans. Sept. 19.—The Times Dem ocrat: "Yesterday a cotton market wns nn ungracious affair. Foreign talent, stirred by the crop deterioration reports sent from America, did the JogjrnJ thing and bought contracts. The ela-Atlnntle talent, cove tous nnd quick to recognise an advantage, sold the stuff on the hard spot created by sundry bullish cablegrams. The result wns n division, nnd the aftermath will probably be the growth of suspicion abroad which mav he reflected there In less buoy ancy In the near future, though In the ab sence of proof that the acreage has been seriously underestimated, there is no rea son why the cotton mnrket should not continue to pursue the even tenor of It* way. nt least, until the relation of demand to supply be more fully determined. Clear ly enough, the American public la lu no mood to I most tho fortunes of the staple where good money Is the stake. Hence, the tactics of the professional, whose only opponent now Is some brother profes sional of the opposite persuasion, are ex- R lalnable on the theory of the survival of le fittest. .Meanwhile, the game Is not worth the candle. Thus far. spot sellers have found spot buyers, eager enough, and discounting an early alteration In current attitude In this respect may develop fresh complications, neither the farmer nor the antnner having got down to business. There la also promise of n disappointing spec ulative season. Beyond the shadow of a COTTON 8EED OIL MARKET. lork. Rept. 19.—The market was T'lct nnd a little easier. There was lark *'ippnrt from the large refining Inter- ‘ * ml there wns some local selling, with foreign connections reported quieter feeling abroad, and nut- Mm llttl orally any changes In foreign conditions »>rv» Immediately reflected here, as the for- 'ign demand has been the principal feature "i the recent ndvnuce. Southern reports **re contradictory. There were n good i na J , Y complaints of slow moving of seed ?£'• small offerings. The market at tne close wns easier with prices unchanged T » V lower.—IVare A Leland. Opening. i»tl»er 37 0*7% "T 8440354 "d*'*r 8140324 •titer 304031 V. !.’30 031 • ••• •• -- 3040314 “*d steady. 5fr Dosing. 37*4038 3440354 3140224 304021 3)4030'; 304530*: 3040314 r m ...... Beyond the shadow doubt the farmer hna a fight of some mag* nltnde on his hands. While he may win WARE 4 L D F /fiL^OTTON LETTER. >'ew York. Sopt. 19.-A. tin. hnppcnod nftor on oh nlmrp n.lvnnoo no fur till, non- son. the mnrket run off shnrph *hln morn- Ini reulnterfiur n ileellne of nbont V iHiltltn from the bleb ,e ”J of In the ileellne. there wnn conihlerahle liuvlne for lioth neeoiintn, nml thin le«l to n verv dull mnrket Inter on In the ,ln-r with not enough general trading to lend to ffnrtuatloii. of nny Importunee Ihoue Who nold hen i lly yraterdny were dI.po.ed to tnke lim k nome of tbelr cotton, lint the mnrket wnn ohnrneterlxed hr Mrlklng nh- senee <>f nny neerenslve demnnd. There In n genernl feelTnit In the more eonnervn- t!»e el re Ion that tho ntrolieth of the npot nltuntlon, tho nneortntnty of the front dnte the netlve demnnd for dry goodn nnd the onnoml dlnnollllon to ook for eonnldern- Kfo dSell e Yn he rondltlon nhewn by the next bnrSn report, nil operate In fnvor St n ntendy nutrient, with Jurt nuoh norvonn liin'liintlonn nn wo hnvo Imon hnvIllK re eently Thnt thin view In being more wide V held neeoiintn for the willlngnei. of e,-“ ononitnr* to liny eotton on wenk limtn where the Inellnntlon wnn Inektng « month nm- A* »"» " f however there In no mueh eotton for note 1.. Hw, Month Hint nnv npwnrd movement un he n.tended with ntmrp nothnekn til It In known nlmtit the nlxe of the erop. On nil nhnrp ndrnneen, the tunr- ket oppenr# to he a sale. Private Wire to Ware A Lelond. Chicago, Kept. 19.—News la coining quite bullish on wheat, nud the uoder tone to the market Is strong. Looks like further advance. Minneapolis stock of wheat decreased 250.000 in four days. Wheat strong on the cables. Wrenn Is a good buyer of May wheat. Fair advance In wheat, but offerlnga not large, l'lt traders good buyers, and hedg ers of ups lu evidence ns buyers. Northwest nnnears ns seller of May wheat through Mnrfleld and Fenvy. Crowd here hna taken It. Ilnrtlett, Frasier A Carrington buyers of wheat through brokers. Local shorts nnd outslds Investors buy ing oats. Hterybody shewed to have or ders to buy December at opening, which caused a shnrp advance. 8eptemlM»r corn cornered. Natural re- suits of all buying orders this morning. None for sale till 49c. and then Armour supplied alL J. II. Wrenn belt buyer of Cudahy nnd flwtft „lllng some. ITIv.te Wire to Olhvrt * CUT. Chirac,*. Knpf. 1»—Dwldndly improved ton. in on hip. tcnlny—enough to glv, prom- Uo of goml nxport min. wh..t will h, tnkon, e.pral.ly on nil noft ,pot,. Ro- mlpt. unil.rfitimnt.il nnd ihortn uettluc norvonn. Wrath.r nil thnt could I* dcnlrml. lint believe prenent prleen fully dlucount nltuntlon. , .. Wo think thnt there In little donht May Torn will aell nt toe. . . , Septemlier only pongentml. Cn,h demnnd exreilent; would buy them. Provision, opened ntendr to Wrong, wrakened on the nnmo kind of nelling nn ynPerdny. nt trnd.rn to raid price, n, long nn iiulln do not nuntnln them. WEATHER IN COTTON BELT. Texan—Fort Worth clear mid plennnnt. ffhernian, Ileltnn, Trier, Temple. Italtoj, Merkel, Colorado, Illeo, Abilene and Un co clenr nnd cool. 8nn Antonio cloudy nnd cool. Hon,Ion partly cloudy nnd W MUnl«alppt—Meridian clear and line. Hnt- tle.lmrg el,-nr nnd wnrin. Aherdee* and Tunelo cloudy nnd plontnut. I orluth nnd New Albany cltnr nnd warm. Amory cloudy nnd warm. . . . Ainnnmn—Birmingham clenr and fine Onellka cloudy and cool; hard rain last night. Selma and Montgomery clear and warm. Troy clear and pleasant. Mobile partly cloudy; hard rain last night. Hunts ville cloudy and warm. . . . .. Georgia—Columbus clenr nnd not. At- „.,„ny nnd Amerlcn, clear nud Hnvnunah partly cloudy nnd warm. Ol BERT & CLAY > fc ALABAMA »T. • TOCKI. COTTON. CAIN, corrcc. paovi.ion. ATLANTA OA. cloudy nnd plen afternoon. Alba arm. WEATHER IN WHEAT BELT. Extreme Northwont-Pnlr to clenr; 15 lo M NorThwe»t—Oennrnlly cloudy; W to M nlMive: mining Perris nnd Huron. " Went nnd Bouthwent—Partly cloudy; 41 to • at>ove: general rains In Kansas, local ilns In Nebraska nnd Iowa. Ohio Valley-Cloudy; 64 to 74 nboye; light general mins. WEATHER FORECAST. tleorgtn-Fnlr Wedneedny nnd Thnrndny; ll l!.\uUlnnm'"’L?t ,n |*irldn. Atnl»inn. MU- Fnnt Florida—Fair Wcdnemny nud Thursday; light wind,, mostly en«t. 1 We,t Texns—Fair Wcdnewlay nnd Thurn- ''“Ifknnm^Shnwem Irad cooler Wednen- ''"iliiiole-uSl f ",hower, tonight nnd to- ''‘I’ldunn. Knnnni, the Dakotan nnd Mon- tnna—Fair tonight nnd tomorrow. Wisconsin nnd Minnesota—k sir tonight and tomorrow, except possibly showers to- "lows. Missouri. Nebraska—Showers tonight and tomorrow fair. THE 8UQAR MARKET. New York. Sept. IS.—The locnl refined and raw sugar market sternly nnd unchanged. London sugnr market dull; September u ehanged and Oetoher 41<l lower at »n *!4d. LIVE STOCK MARKET. WHfAT STRONG IN THyORIHWEST Stained the Market Finn, Active and Higher with Shorts Good Buyers. Chicago, Sept. 19,—There were wore bulls on the board of trade today, and closing prices .for the clay showed ad vances of 6-8(®7-8c In wheat, 8-80> 1 l-4c In com and 1-201 3*8c in oats. Provisions were generally better. The average board of trade man feels encouraged because of the large In crease In the volume of business. Everybody seemed to do a good-slxed business. The fact that the outsider Is now taking hold on the buying side of wheat, com and oats may be called the most encouraging feature. Cash sales were 8 loads wheat, 2 of corn and 500,000 bushels oats at the seaboard; 7,000 bushels wheat, 50.000 bushels com and 10,000 bushels oats at Chicago. Primary receipts: Wheat 1,080,000 bushels and corn 915,000 bushels, com pared with 1,118,000 and 796,000 bush els, respectively, a year ago# Clearances .from the seaboard for the day were 585,000 bushels wheat, 129,000 buahohi corn and 800 buahela oata. CHICAGO GRAIN MARKET. I** I 9.21 Nov 19.32 Keb. . . .I....: March. . . 9.45 May ■ . . J closed steady. 9.22-23 9.34-26 9.28-27 9.23-24 9.36-87 9.41-48 9.61-62 9.6*47 GIBERT A CLAY’S DAILY COTTON LETTER -”»».PUfftA Svpl. 1»—Liverpool rabies 2?" i'TMwI'y !ess favorable xn,l show- S?.v.iMn- rk r l ."•‘""H" from the sentiment prevailing yesterday. Helling of contract* SSS" 1 'he principal eauae of tbe decline, options closing 54 points low- ini 0 # 1 ? TnSk f w j uce< * J Points, sales amount- !!!». n,u °h fr«»r offer- fw® n° developments [‘J , «’*l market today to cause oilier L h ." n •"••iwmely narrow range of values. Pile market s undertone continues evenlv strong, and may be nccounteil for by the numerous hedges against pur chases of spots T> le earlier In the oea- f?“ 5I e *P ow Mm taken out. and also ©w- ,n R t0 JP € wp|1 kfo.ottdfd dtsmcllnatlon to 27*5 w ®>!£L prompt ablpments remain unful- also, excepting In some localities, Is favorable for picking, nnd nn enormous movement Is confidently expected shortly. Advices from rentrnl nnd western Texas Indicate thnt an excel- lent field has already lieen made, mid thnt the scarcity of pickers alone Is the cause of any npprehenslnn. Apart from these Influences thnt affect the present course of the market, the belief generally prevails thnt with the close of Kei>teml>cr and with continued favornlde went her. tlie —Ight of actual cotton will enttse n grnd- lepresstou of nrlees. imt until tit scalpers' marl uni depression of prices, but until then'll '’ket, pure nnd simple. PRIMARY MOVEMENT. iiHhuri* iiiNL Niii|iiueuin ooi,- 000 bushels, against 677,000 bushels Inst year. Torn—Receipts 916.000 Imshels, against 796,0C# bushels Inst year: shipments ftnlny 67O.00U Imshels, against 831,000 bushels la« year. CHICAGO CAR LOT8. for today Open. „ WHEAT— Kept.... 72 Dec 74 Kept.... 484 Dec May.,,.. OATS— Kept..,. 38> Hec S3 1 May 34 J'OBK- Hvnt.. l«.M •ilu.. 12.as LARD- Kept.. 8.75 Dec.. 8.76 IIdfbL" Kept... 8.90 l>ec.. 8.60 May.. 6.874 6.974 PASH WHEAT— No. 2 rod 734 2 hard winter MT* 7.7214 S.W44 8.874 8.824 7.724 8.724 8.75 7.674 8.90 8.60 6.874 THE LIVERPOOL GRAIN MARKET, Wheat—Opened 4c higher: nt 1:30 p. m., 40H<* higher; closed Ic'dTV higher. t orn—Opened 40%c higher; nt 1:30 p. m., 404c higher; closed 404c higher. Wheat.. Corn., Oats.... Hogs.. Today. Tomor. ..23.000 22.000 SOUTHERN EXCHANGE Oldeat Eatabllahed Office South. COHON STOCKS BONOS GRAIN Ground Floor Oouid Building. Dally markot letter nnd market manual mailed on application. Koo report shows 19 8-10 per cent earned ii eonimon stock. Government deposits against gold In tran- tal stock. Denver and Rio Grande earnings for see* ond week of Kepteniber Increase 121,000. Private Wire to Glhert Jk Cine. New Y'ork. Kept. 19.—Marshall Spader it Co.: "Much Interest In trading today will probably center In the metal stocks. Specula five requirements make the dividend on Auncoudn a very Important considera tion, nnd an Increase of 6 per cent per annum is talked about to a rate of 28 per rent. The price movement In the stock recently reflects something like this. Wo nre Inclined to look for s strong money market until full effects of gold Imports Is known on Imth American and foreign fiiiniielnl markets." The course of the market depends on the money situation. Would buy only on weakness. Like Heading and Baltimore and Ohio. The trn rates as an argument to put down. A big house la advising Its customers ovei .. private wire confidentially at 10:48 to soil Bending; that the move lias been a west ern one and the eastern crowd la trying to shake out the bulls. The Information comes front n Philadelphia Institution thnt has been correct In predicting the advance In nendlng. New York Financial Bureau: Our In formation sources nre still favorable to conservative Improvement, and we Itelleve Important deals under negotiation neces sitate activity, while the Insiders desiring to maintain public. Interest and keep the market's outside following Intact, must sustnln activity. Therefore, no serious re cension seems likely. Remember that the big f el Iowa have the backing of the strong est fundamentals ever brought forward for a bull market, nnd alao recollect thnt con servatism has been practiced for n long time, which has Imparted n foundation of stability to not only general business but to finance, nnd this consideration me of vital ! jerstructnre of r - low accumulation of n quiet deem Importance In building a au- >f mnrket operations that fob atlon of a quiet nature. We arc conservatively bullish. L. J. ANDERSON & CO Bankers and Brokers, COTTOM, STOCKS, GRAIN Gorrupoodut's Capital $250,000 RCrgRCNCC, THE NEAL HANK PHONE 1417. PRUDENTIAL BLOG COTTON^GRAn?, HiOVISION's!StoCKsPbONDS, He. 2 Welt If., Peters Bel HI eg, fi Mists, Cm. • MMBUtS: Hew Yerk Certea fidanf. Chicago Beard et Trade, few Orleans Cetlen (scfssfe. Chlcaae Steck fuhanot. Lhtrpeel Cettee Anecletlee. Hew Yerk Celtee Backer" Private Wires le Hew Yerk, Mew Orleans. Chicago. BelIPkeae 1242. L. J. ANDERSON A CO.’8 DAILY COTTON LETTER New York, Kept. 19.-Agnln Liverpool tried to help the bulls out nnd fntled to respond fully to the decline In onr market yester day, but the bulla failed to take advantage of the opportunity, hence, prices opened off 2 to 4 points. The public continues 4o play the waiting game, and In the menntlmo the ring traders amuse themselves b* playing ping pong with She market, one day bulls, the next bears. Crop reports continue to come In very innch mixed, some claiming that prospects have never been better anil others that they sre very poor. There Is nn doubt but thnt conditions have been de teriorating rnpldly for the last three weeks, n« Is nsunl for s wet season ns we havo had, and by the October report of the gov ernment we expect to see a substantial fall ing off In the figures. Wo do not believe In the bum|»er erop estimates that have lieen floating around, and think we will do well to get n.750,000, which will hardly lie suf ficient to supply the demand In view of the small surplus carried over. Also with the lateness of the crop, we think present prices too low to hold. STOCKS REVIEWED BY NEW YORK SUN Haw York, S«pL II.—Tha Run saja: Tall „i,max rafra at nn, time lonrbin) 9 l>or rent no,I the hulk, or the flax', Iran, New York, Sept i»—For the game reaaona that were behind yeaterday'a unaettled dealing the market went down again this morning. The aelllng was nut at all precipitate and mi conducted with careful regard for com parative atablltty In price,. But It waa nevertheless apparent that stocks were being pressed for sale as fast as the market could aafely take them. The outcome of yesterday'* primaries In New York city waa, from a Wall street point of view, unsatisfactory and un doubtedly was a factor In the day's lesa confident feeling. But the local traction and other franchise stocks, which would naturally suffer most di rectly from the election of a radical governor at Albany, was no weaker than the reat of thfc list. The stiffness of call money, which ruled above 7 per cent during the forenoon, was an Im portant factor In trading before tho noon hour and Increased In the after noon session. The stock market all through the that hour wee feverish and unsettled, enrlr ad vance* Itelug followed by aharp declines caused tiy uneasiness over th* money slum- lion. As a rule all trader* who hnd cur ried atocka over night, sold aa quickly as The general llat. which made material gnlna In the early trading declined to 1C1U polnta before th* end of the llrat hour, liut there bonds Irregular. THE LONDON StOCK MARKET. in incmc... ^ ,. Chic., Mil. and St. Ptoi. Erie Illnols Central soutavllle nnd NashvlUs. , (railing * .. „ .. VnnsyTvsnla «lo, preferred. tt. YMttwL.’. Ravsnnah 6s. 1906.,., .. Macons 8a, 1910 ..106 cbired to b* a Isek „ _ .. stock market, disappointment among thei speculators being ostensibly more or lei acute on account of the failure of the semi offlrlnl announcement of the fact that the Baltimore nnd Ohio company hsd passed into the hands of the ITnlon Pacific Inter est to bring any perosptfhls quantity of fresh buying Into the mniket. For some, time, apparently, the view obti Wall street commission hoiist. — operation by the Union Pacific of * trsns- curitlnentnl railway line tie might prove to lie .. disturbing element in the rail war affairs of the country, but opposed to tnls wss the argument that those In control of the Pennsylvania would not hsve allowed this change to take placs unless they bad assured themselves that their own Inter ests nnd those generally of the eastern railways of the country would not be threatened by what bad happened."—Glbert A Clay. TRY A WANT AD IN THE GEORGIAN caeo Steck tachaege. r Yerk Celtee Bachaege. I. C COJHBHH, tdaaegar. Standard rhea* AllHIlll. im, ifllt... m #• Atlanta, 44>. 1922 Atlanta 4a, 1934 in . 107 Atlanta and West Point. . . .ltf 170 Atlanta and Wait Point Debta.,107 110 Central Ballway of Georgia 1st do. Income ... 98 do. 9d Income 88*4 do. M Income ... 87 Georgia.... US 270 Augusta and Kavnnnah 115 117 Boutbwaatarp.. US 1JS %W£FT 1 SS:.fff THE COFFEE MARKET. New York. fbyt. If.—The coffee market opened eteady at unchanged price* to no advance of 6 polnta, which was not a full respnnae to better rnhloe than expected, and In the absence nf hull euppnrt, ra.-c off to a partial decline of 9 point, durln, the early aeealon. llrara pnlnt out that there have been no unfavorable cable, concerning the crop aim** the ralna, hut ca ble, wer* received when they wera fall ing to the effect that thay wer# too light, and cam* too late to do much good.—ill- liert * ('lay. Tha following table gives the openln, range and eloee, compered with ycaterday t Opening donge. "Do you know that there’, a plact where divorce comes before marriage?* "Impoeelble!" "Not at all. It’s In the dictionary."— Bogton Transcript. "Why do you call Mr*. Mlggleswortt Diana?" "She’s such a fine huntree*. Mlgglcs. worth Is her fourth husband, you know.”—Chicago Record-Herald. mi. L. rp.KL. President. ROBERT F. MADDOX, Vic* President V** York Meek EiehangsINew Orleans Colton EjjJj[J*;jy ,l r , JJp5o| B co« l on < ATraelatlo* is a aa esks®: fflg-- ks ™j— •— i~. .* l.„ B ;»-rT?as”« » ««»■—- ALONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone. Main 858. ATLANTA. r.F-ORGIA. 'February and March. strong to 5c er 3,931; hulk 9006.40; estimated tor tomorrow 21,000; light hogs 16.1006.50; mixed 86.85fi6.B6: Iheavy {sTeS.tS; r,Kigli t6.4off6.76; pig. K-?od«.4S. I’nttlc—Estlmatwl rvcolpts &J.000. Mnrket steady to strong; quality fair; hooves 83.860 6 90 cows ll.W4.40: holfora 12.4006^; calves 1608: g«xxl l»rln»o steers 83.9006.30: poof to medium |3.90fi5.30; atorken and Sheep—fistInmtoil rogelnta 28,000. Market slow; sternly; quality fair; native 83.100 6 50; western yearlings $5,500 6! 16. Lambs $4.6006.65; western $4.60. THE DRY GOODQ MARKET. New York, Kept. 19.—The dry goods mar ket today waa quiet. Cotton yarns were In stesilv demand, hut prices were Irreg. tilsr. The export trn.Ie was quiet, the I'uban trade for the season Itelng deinoral* ixe<l. Henry gtrode sold tor immediate de livery. but were uot being culled for freely on contract. The Important fea ture of the market was the bidding for wide print cloths for delivery lu January, J * a* t . w Hiwklns, President. I. M. Atkinson, V. P. ThomaajC. Erwin, Aast. Cashier, oseph A. McCord, Cashier. u. W. Dyers, Aaat. Cashier. Third National Bank Capital Surplus Dr. A. W. Calbonn. Milton Dargan. John W. Grant. If. Y. McCord. DIRECTORS! Frank Hawkins. II. M. Atr Joseph A. $200,000.00. $300,000.00. J. H. Nonually. 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. 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. 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 to call and inspect them. Title Guarantee and Trust Co.