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BEARS SELLING C0TT1 FREELY Their Orders to Sell Caused Slight Opening De cline Today. PUBLIC HOLDS ALOOF Professionals Fight Among Themselves—Spot Cot- to'n Firmly Held. New York, Sept. 19.—In view of the cables the opening of the local cotton market this morning waa disappointing, first prices being 1 to 4 points lower, in fluenced 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. Tbp Liverpool market at the opening this Miming wn« not discouraging. It opened •bout ns expected, or about 5 points down • tines and 2 points off on spot on sales V4 ... <n> hales. The close was steady at •limit 5 points decline from yesterday's Liverpool's showing the New York market should have opened at little change from vesterdny, or 1 to 2 points higher, whereas initial prices showed declines of 1 to 4 points, followed hy an Improvement of tome 2 to 3 points in the early trading, af ter which the tone was dull with fluctua tions narrow, though the tendency was slightly toward a lower level. The public Is out of the market appar ently nt present, leaving the professional element, always hears, to shape the course of prices on cotton for future delivery. In •pots there is a good demand, and while of ferings are free, sellers refuse to make coat'fiwdoniu THE ATLANTA GEORGIAN. WEDNESDAY, SEPTEMBER 19. 1904. 13 NEWS AND GOSSIP Of the Fleecy Staple. I'rlwte wire to Wan * heland ir,„ . {dverpool cables: “Market affected on. **<5882* !!I E?° r r J ew York reports." side t seUhff ne nwiH er nn } e I out* locel Ihorfif’ .SSSa?*" tn * e “ mostly by and report’’ oftWff SJ^JggS ,„fltioe opening there hue been a fair da- mmtdted' Sno to1 !' T hl * W * B ** 10 h#v « been the market ^ operator, ere aelllug Carpenter: Baggett & Co.: "With the wnrleli sentiment of the public, particular- ly in the south, and the indifferent buying of manufacturer,, wo would favor »el“ 'or. aa we expect much lower prlcee.” New Orlenni, Sept. 19.—Vlekllturg. Mia,., wine: "Ulna In tfale locality ginning to J**® , ««ed* two yenra ago 26 to 75 per , *5? — r . m, L « n <ltente» n few acat- SEV*.?"*!?. *cxaa and etmalderahle rain In tbe Atlantic itatea. Other aectlone are dry. Liverpool cable,: "Market holding Arm !" ‘; 0,l > , ' < li | e"ce Of the atrength of the local •pot altuntlon and Inautflclent olfcrlnga of cottou from the south." Private wire to Qibert & CIst. -"•* 19.—Liverpool at 15:39 lower’ 3i4 ® 4 * * ower - "“* a “® «#44 Market cnay with trading mainly local. New Orleans, Sept. 19.--Liverpool 40414 down is ns expected, and should have “ effect on our opeuing. A San Antonio, Tex., dispatch Edited by Joseph B. Lively MARKETS Mr. Lively’s twenty-flvo years’ experience of ed iting markets in Atlanta and the South has made him a recognised au thority In his specialty. TIPS PLASHED From Wall'Street Private Wire to Ware * Lelnnd. Now 7 ork, Kept. 19.—London Arm, but advance, amall. RANGE OF NEW YORK STOCKS AND COTTON MARKETS It la likely ’ that Bending, Bnl and Ohio niul Amalgamated Copp< WMtlnuo as leaders, ami there Is Daltliuore •er will enough NAME OF STOCK. In the eastern belt occasional showers and thunderstorms sre predicted except for Mis- •iMlppi, where fair weather is forecasted. Generally fair weather is Indicated l_ Texas aim the territories for tonight and Thursday, while In Louisiana and Arkansas occasional showers arc predicted. Following are the active months in Liver pool today Open. OrtnherNovomber. ..6.04 Januar.v-February. ...6.06 High Igh. Low. 6.06 6.03H 6.07 6.04tf ren-April. . . ....o.io 5.11*4 6.00 y-June 6.13 6.15 5.13 oiuparntlve Receipts at all U. 8. Porte— Decrease ..220,806 Semi-weekly Interior Movement- 1906. 1904. Ilerelpl* .. 66,802 86.011 Shipments 52,748 06,702 Stocks 103,209 81,682 No coraporlaon with last year. Estimated Receipts Tomorrow- 1900. 1906. . 2,400 to 3,400 2,011 9,000 to 10.000 11,148 Houston 12.800 to 13,800 10.067 Tevns buying in New Orleans nnd In New lurk mused Inte steadiness, nnd In the late trailing the best prices were resebed, the dose being steady 2 to 6 points better than yesterday at the close. The movement out of tills section tills •rr a Fw bn * hPPU i’nnrerwiMjted. The farmers at the present good price of cotton, with the large production, arc coming Into 8an Antonio with large auantltlea. A dispatch from Taylor, Tex., says: “Not In several years. It at all. was there such a demand for cotton pickers ns there was on the streets of this city yesterday ? nd this morning, and It seems aa though he farmers are unable to cope with the altuntlon, nnd should a rniny spell set In ♦here Is no other outcome than for the farmers to lose a large amount of cotton from fslluro to get It gathered.' quit* a number of stations are missing. Our traveling correspondent wires from Tamford, Tex.: “Waco. M Dublin good crop. Pnhl/n, to Stamford simply linmen days late. Plant large and Lcbtiit iruuuu; some complaint of worms, but local. With normal condition* this section will nmke a mammoth crop. Picking It will be the problem. Recent flne weather maturing cotton runlfllr “ Amalgamated Copper Atlantic Co*»t Line. .. American Sugar Ref. .. Anaconda American Locomotive.. . do, preferred. . . . Amar. Bracking Bet. . AteftnE”?’"* 1 -.;;; . do, preferred. . , . American Cotton Oil. . taa&'flJHr:::.... Chic, fc Northwestern.. , . . . Central leather. .... ^K. d0 * .Preferred. . . . euc'-UW!.’.?: , do,'preferred.*.' .*.*! General Electric. . , . Illinois Central. . % . . Arner. Ice Securities. ,. NEW YORK. the n today: .Ver Orleans . SPOT COTTON MARKET. Liverpool, cotton, spot demand moderate and easier: middling uplands 5.60d; sates Law; American 5,990; specula lion and ex port 5*»); receipts 1,000; American 200. Atlanta steady at 9\c. New York, quiet at 9.75c. New Orleans, flrm at 9 5-16c. Augusta, flrm at 9V4c. Savannah, steady at 9J4c. 8t. Linda, steady nt 9*4c. Houston, steady nt 944c. Boston, quiet nt 9.76c. Memphis, steady nt 9%c. veston, Ann at 9 716c. Baltimore, nominal at 9%c. Jj IJndngton, steady nt 9i4c. TODAY’S PORT RECEIPTS. EARLY ADVANCE FLASH-IN THE PAN early advance waa merely a ... .„„ pnn.^ A^local crop ^report. was expected truth Is that „„ appeared. The early nse was due to the ’ Liverpool, heavy rains In the ... .t, expectations of a crop report by a Wall street house showing quite a marked deterioration in the crop during tbe last two weeks, and Anally a good deal of covering, to any nothing of buying on what appeared to he a rather liberal scale hy aw. —— *-*— pt§ filter on, how backset from real aonstrntlon, favored fact that the weather In the main voluble In tbe cotton ' of the local short Interest talnu _ ... erence of the out side public. Deterioration there may have hcch. hut )JJOMt people believe that it 1m no greater than usual nt this time of the year. The spot demand Is said to be good, ntid spot markets were generally flrm, hut the bears talk of big receipts Impending, dies will be so • g surplus will lie tlr- “*■* * perta today, compart last rear: •W Oriennn , Galveston . . Mobile . . . . knvanuuh . . t'hnrb-ston . , B'llmlngton . Norfolk New York . . Boiton .... Total .... 4161 9022 1453 6128 not 1901 2979 11224 2389 11417 1707 2439 _ k INTERIOR MOVEMENT. .The following table shows receipts at the interior town* today, compared with tbe day last year: Houston Augusta Memphis . . . . , M»»uln . . . . , Cincinnati . . . , Total . COTTON 8EED OIL MARKET. JIT* v ,°rlc. R»pt. 19.—The market waa JJIft niul n lit tin eaaler. Thor, wn, luck support from the large reflnlng Inter- and there waa some local aelllug. s with foreign connections reported ? ',v'quieter feeling abroad, and nnt- ursjiy an y changes In foreign conditions '" r ** immediately reflected here, as the for- Mi' nirt. Iliril- Will' O hi-u-i 'omplalnta of alow moving of scc*I '« '*■ lower.- •!^‘pt»*mt»or Ware & Lelnnd. Otmnlng. tt this season that ... . . Bulls are not wanting who are bid Ini their time, but there Is no organlaed bur party, despite the fact that world's sui plies nre small, receipts comparatively light. cotton goods In excellent demand nnd the consumption of raw material large."-* Olbert A Clay. New Orleans, Fept. 19.—The Times I)era oernt: “Yesterday's cotton market was an ungracious affair. Foreign tnleut, stirred sold the stuff on the hard spot created by sundry bullish cablegrams. The result wns a division, and the nftermnth will probably be the growth of suspicion abroad which may be reflected there In less buoy ancy In the near future, though In the nb sence of proof that tbe acreage hns been seriously underestimated, there Is no rea son why the cotton market should not continue to pursue the even tenor of It* way, at least, until the relation of demand to supply be more fully determined. Clr—- ly enough, the American public Is In mood to l)oost the fortunes of the staple where good money Is the stake. Hence, the tactics o1 the professional, whose only opponent now Is some brother profes sional of the opposite persuasion, are ex- E latnahle on the theory of the survival of Je fltteat. Meanwhile, the gem* la not worth the candle. Thua far, apot aellers have found spot buyers eager enough, and discounting an early alteration In current attitude In this re»pect may dex-elop freah complications, neither the farmer uor the ■pinner having got down to business. There Is also promise of a disappointing apec- uiative season. Beyond the shadow of a doubt the farmer has a fight nltnde on hi* hands. While he may n/u In the long run, he can hardly avoid re- vetoes now and then. —Ware 4 Lelnnd. WASg * ffi^YCOTTON LETTER. New York. Sept. 19.-A« h*» happened utter eneh elmrp ndvnnee eo ter thl, .ex- eon, the market ran oft .harplr thl. morn- lug, refflsterltiff a decline of noout V7 point, from the hlffh level of yetkerdny. On the decline, there wn« conetdernhlo huytnff for both eccoent., and thl. led to a verv dull market Inter on In the day with not enough general trading to lead to Bnetuntlon. of nny Importance. Tho«» who .old heavily yo;terd«y wcre d, .pojed to take hack eome of their cotton, lint the market waa characterlxed by atrlklng nh- eencc of any nffgrc.elve demand. There t. a general feelluff In the mere eoneerva- ttre circle, that the etrwjfflh of the .pot altuatlon, the uneert.lnty of the frost .late, the active demand for dry goodn and the .en.ral dl.noaltlou to look for con.ldera- Ide dMlIne’ln the condition «hown by the next bureau report, nil operate In favor if n steady market, with ju.t meb nervoua fluetnatlona a. we have been having re cently. That thl. view I. being more wide Ir held, account, for the wTllIngne.. of many operator, to hay cotton on weak "imii where the Inellnatlon waa lacking a month ago. At thl. eeawin of the year, however, there la no much cotton for Mle In the Honth that any upward movement must he attended jrttt •h"rp aetd,ack. until It Is known about the sia* of the crop. On all sharp advances, the mar ket appears to b« a sale. Kept. . Oct. . Nov. . Dec. . Jan. . . Feb. . . . March. May. , , Closed steady. ill Olm 8.96-96 Pi 9.25-26 9.34-35 9.42-43 9.60-61 I.02-03 9.06-07 f.21-22 9.31-32 9.37-39 9.45-46 *1.69-68 LIVERPOOL. The following figures give the opening uige and dote, compsreu with yesterday's Futures opened easier. Opening. September. , ■ Sept.-Oct. . . Oct.-Nov. , , , Nov.-Dec. , • I tec.-Jan. . . , Jan.-Feb. . . , S eb.-March .. arch-April... NOTES ON GRAIN Pointer! on Provlilone. bulllah on wheat, and the usder tone to the market la atrong. Looka like further advance. ^Minneapolis stock of wheat decreased 260.000 In four days. Wheat strong on the cables. Wrenn la a good buyer of Mny wheat. Fair advance In wheat, but offerings not large, l’lt traders good buyers, and hedg ers of ups In evidence ns buyers. Northwest appears as seller of Mny wheat through Mnrfield and Pcnvy. Crowd tnkr- of A Carrington buyers Local shorts and outslda Investors hav ing oats. Everybody s*emed to hare or ders to buy December at opening, which caused a sharp advance. September com cornered. Natural re sults of all buying orders this morning. None for sale till 49c. and then Armour supplied all. J.-II. Wrenn best buyer of it* lard market Is rather heavy, with Cudahy nnd Swift selling some. It la their object to take It, and may work a little lower. Private Wire to Glbert Sc Clay. Chicago, Sept. 19.—Decidedly Improved NAME OF 8TOCK. N. Y.. Ont. Sc Western. Sntivunl Lead. . . . Northern Pacific. . New York Central. Norfolk Sc Western, ijlvanta. . . . e’s Gas. ed Steel do. preferred. . . . Pacific Mall . Rending Republic Steel. .... Rock Island. ..... do. preferred. . . . United States Rubber. do. preferred. , . . Southern Pacific. . . . Southern Railway. . . do. preferred. . . . Sloss -Sheffield Tetin. Coal Sc Iron, . . Texas S: Pacific Union Pacific United States Steel. . do. preferred stocks on the upturns, nnd the act* heavy. Would only buy tnen sharp tltpa. Would tell out tappers. Expect announcement on dividend III Car and Foundry shortly. Understand It will put the stock to 60. Dow-Jones* summary: ^American jitocks in London flrm, V46ttc K i second week of *%J4aa««re PIIBC Wt.uwi. ike Shore mutual figures show a sur plus after dividends of 1741,123, a decrease of $127,175. Republican primaries indorse president, defeating Odell nnd Qufgg. Democrat primaries leave the party d! vided, with Murphy unable to deliver del egates to Hcnrst. Orders on books of various steel com- jnides are estimated at more than $1,000, Fair’demand for stocks In loan crowd, it exports In Augu nnd to September wheat producing country. Soo report shows 19 8-10 per cent earned on common stock. Government deposits against gold In tran sit now $23,878,000. Kanawha and Michigan annual report shows surplus equal to 3 per cent on capi tal stock. Denver snd Rio Grande earnings for sec ond week of September Increase $21,000. Twelve Industrials advanced .21 ner cent. - r .. Previous Range. Close. Close. .6.2$ -5.24H 6.23 5.28 WHEAT STRONG IN THEJIOBTHWEST Started the Market Firm, Active and Higher with Shorts Good Buyers. tnk.n, nncclaly on all aoft apot,. Bo- Mlntn unS.re.t1mat.il and ihortn Halting n.rvmta, Weather all that could It. deilred. lmt heller, prenent price, fully dlacount ’'wVthlnk that them la llltl. doubt that Mny corn will aell at 50c. September onta conceited. Cn *‘ 1 demand excellent: would buy them. Prorlilona opened atcady to •tronff. but wenkoned on tho name kind of aelllnc aa otferday. rit trader! to raid price, aa >ug na nulla do not auataln them. WEATHER IN COTTON BELT. Texaa—Fort Worth clear and plMiaut. Sherman. Belton. Tyler, Tempi#, Dalle,. Merkel, Coloredo, lllco, Abilene and Ola- co clear nnd cool. San Antonio cloudy and cool. Ilouaton partly cloudy nnd W Mlaalialppi—Meridian clear nnd line. Hat- tleahiirc clear anil warm. Aberdeen and Tupelo cloudy nnd pleaaant. Lorluth and Sew Alhony cl£nr and warm. Amory cloudy and warm. , - Alanama—Birmingham clear and fine. Opelika cloudy and cool: hard ram war night. Selma and Montgomery Clear and warm. Troy clear and p!en«ant> Mobile partly cloudy; hard rain lnet night. Hunt*- vllle cloudy and warm. Oeorgln—Columbua clear nnd hot. tnnfa partly rioudy and plenannt. Macon cloudy and pleaaant: hart rain yeaterday afternoon. Albany nnd American clear nnd rm. Savannah partly cloudy and warm, WEATHER IN WHEAT BELT. Extreme Northweat-Patr to dear; «5 to ^Nortbweat—Generally cloudy; t« above: raining I’orrle and Huron. Went nnd Southweat—Partly cloudy; 49 to 71 above: general rain. In Kanaa,; local rain. In Nebrn»ka nnd Iowa. Ohio Valley-Cloudy; 58 to 74 above; light general rains. WEATHER FORECA8T. Georgia—Fair Wednenday and Thuriday: Alabama, Mis- elMlppI and Eaat-Texaa-ralr \Vedne ' and Thursday: light variable wfcda. Chicago, Sept 19.—There were moro bulls on the board of trade today, an<^ closing prices for the day showed ad vances of 6-8©>7-8c In wheat, 3-8# 1 l-4c in corn and 1 -2#1 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. Cosh sales were 0 loads wheat, 2 of corn and 500,000 bushels oats at the seaboard; 7,000 bushels wheat, 60,000 bushels com and 10,000 bushels oats at Chicago. Primary receipts: Wheat 1,060,000 bushels and com 916,000 bushels, com pared with 1,118.000 and 790,000 bush els, respectively, a year ago. Clearances from the seaboard for the day were 685,000 bushels wheat, 129,000 bushels com and 800 bushels oats* CHICAGO GRAIN MARKET. GIBERT & CLAY’S DAILY COTTON LETTER N-l* O^nna. Sept. 19,-Llverpool cable. ea n marked ehituge from the sentiment F- V ' l '" n « yeeterday. Selling of contact. “/ "JP-rter, \va« the prtnApol enuae of °l»tlon* closing 5V4 points low- n the previous day, while spot quo- f**i ao6rt ?aP 0,n,,, • smomit- in5. w,, “ «nuch freer offer- Th®re wore no developments %}*? wtremely narrow range of values. marke » t " un dert«mo continues evenly strong, and mny be accounted for by tho i Hwniwjww. hedges agnlnst pur- chases of spots "Pyle earlier In the ses- S?“ 2I e .L ,on L , T. lnK tnkvtt out, snd also ow- ,n fi t0 J. he n ’° 11 ^ ro,)n, L‘d dislm-iTnatlon to SSLc^lSt prenipt shipments remain unful filled. riio weather, also, excepting In some localities, is favorable for 1 picking, and an enormous movement Is confidently expected shortly. Advices from central and western Texas Indicate that an excel- hn "; already bwn made, snd that the scarcity of pickers alone is the cause of any apprehension. Apart from these influences that nffe<*t tho present course of‘the market, the belief generally prevail* that with the close of September and with continued favorable weather, tbe weight of actual cotton will ennso a grad ual depression of prices, but until then It Is n scalpers’ market, pure nnd simple. PRIMARY MOVEMENT. The following figures g!ve s the primary movement of wheat nnd corn today: * L060.000 bushels, against U84.000 bushel# last year: shipments 661.- 000 bushels, against 677,000 bushels last year. Corn—Receipts 916,000 bushels, against 796.0C# bushels Inst year: shipments today 670.000 bushels, against 831,000 bushels 1st your. Chicago grain and provision quotations for today follow: High. H m 784 GIBERT & CLAY • t ALABAMA BT. STOCK*. BONDS. COTTON. OSAIN. COFFEE. PROViaiON* ATLANTA, OA. a;; T«k Btee^k Exchnnce.ltfew MmWM iSttiSS S.I; ten* BMrt 5i1SC.|u.l»3m» Cotton Exchange. ALONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone, Main 858. ATLANTA. r.F.ORGIA. Thanwtayuilht wlnda, mootiy .ait. 1 Woat Texan—Fair Wodnrrtay nnd Thurn- ^’/rknnann—Hhnwera nnd ooolor Wednan- '^’Tlinoln—Doonl ’Vhowom tonlfht nod to- ""I'mlfana, Katun,, thn Dakota, nnd Mon tana—Fair tonight and tomorrow. Wliconaln and Mlnnoaota—9n!r tonlffht nnd tomorrow, except possibly nbower* to- Awii. Missouri, Nebraska—8bowera tonight nnd tomorrow fair. THE SUGAR MARKET. \ew York, Kept. 19.—The lorn! reflned Bnd raw auffar market steady and unchanged. I/nulon eugar market dull; Keptemher e~- ehnnffed and October %d lower nt 9n 514-1. LIVE STOCK MARKET. fhlengo. Sent. 19.-IIogn-Entlmnte<l re- eelpte today Eoon. Market ntiring to 5c higher; quality fair; left over S.9M; bulk 95 9005.44; eatlmated for tomorrow 21,000; light hog, 95.1005 50: mixed B.»«4,M; lir«ry 95.4504.40. rough 96.4505.76; pint 95.7004.45. t’nttle—Eetlmete.1 recelpte 20.000. klarket .teady to strong; nuallty fair; lieeree W.S60 4.90; eowe 91>I04«J heifer* lltOWSM; entree 940S; goo.1 prime ,teern 93.9005.90: i„Hir to medium I9.9O06.JO; ntoekerg and foedern 92.40fi4.60. Hheen—Eatliunteil reeelpta 28,000. Market •low; eteady; T unalltr fair; native 9.1.1 ' lAmbe 94.5 Open. WHEAT— Sept.... 72 Dec 74 Mny 78(4 C'OBN- Hept.... 49V4 Dec 4244 Jlay.^ 43« OATS- Srpt.... tf Dec 33- M i-onk- i< Sept.. 16.86 Jan*.. 12.85 LARD- 8®pt.. 8.75 Dec.. 8.75 Mar... 7.60 HIDES— Sept... 8.90 Dec.. 8.60 2 hard winter it 1 34 £3 R 16.86 16.85 16.86 14.9214 12.9744 12.75 12.97*4 12.70 tg» 8.72^ Hfit 7.7214 7.67« 77$ 7.5744 Iff* 8.90 8.50 MB* IS feA*™ 4.8714 5.97M 5.8744 No. 8 do 71H©73: No. No. 3 do 70«4<TL CHICAGO CAR LOTS. Wheat.. Corn.. .. Oats.... Hogs., .. Todsjr. Tomor. ..23.000 22,m SOUTHERN EXCHANGE Oldont Ketnbllehed Office South. COnOR STOCKS—BONOS GRAIN Ground Floor Oouid Building. Dally market letter and market manual mailed on application. THE LIVERPOOL GRAIN MARKET. Wheat—Opened Uc higher; at 1:30 p. m., higher; cloned lc9f%c higher. Corn—Opened higher: at 1:30 p. m., %6%c higher; cb>»ed H&V higher. L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Correspondent’s Capital $250,000 REFERENCE. THE NEAL RANK PHONE 1417. PRUDENTIAL. BLDG Kn t*L Him Orlnat, COTTONVcRAm, l PROVISl5^S, l §TO^KS^ > BONDS, Km. 2 Wan SI, Fittn Building. Atlanta, Ca. — ... ----- Jatitaga. UttraMMl Cattaa AataclaltMa. Hew rath Catfet iachaaga. hit ala Wit at la Haw Yark, Haw Orlnat, Chlcaga. f. C COTHKAK, Manager. it/IShaaa 1292. Staadardham Private Wire to Glhert Sc Clay. 6Tew York. Sept. 19.—Marshall. Spader _ Co.: “Much Intercat In trading today will probably center In the metal stoek*. 8pi*eulntlve requirement* make the dividend on Anneouda a very important considera tion. nnd an Increase of 6 per cent per annum la talked about to a rate of 28 per Like Rending and Baltimore - irs are u«ing the high money rates as sn argument to put the market down, A bi. . „ private wire Reading; that the move hn* been a west ern one nnd the eastern crowd Is trying to shnke out the hulls. The Information cornea from a Philadelphia institution that hns been correct In predicting the advance in Rending. New York Financial Bureau: Our In formation source* nre still favorable to conservative Improvement, nnd we believe Important denis under negotiation necea- sltate activity, while the Insiders desiring to maintain public Interest snd keep the market’s outside following intact, must sustain activity. Therefore, no serious re cession seems likely. Remember that the Idg fellows have the backing of the atrong- eat fundamentals ever brought forwsrd for bull market, and also recollect that con- rvat; ' * “ ‘ time, stahlll to finance, and tilts consideration we deem one*of vital Importance In bniidlng a su- perstructure of innrket operations that fol low accumulation or a quiet nature, w o are conservatively bullish. L. J. ANDERSON A CO.’8 DAILY COTTON LETTER New York, Sept. 10,-Agaln Liverpool tried to help the bulla out and failed to respond fully to tbe decline In our market yester day, but the bulls failed to take advantage of the opportunity, hence, prl*ea opened off *2 to 4 points. The public continue# to play the waiting game, and In the meantime the Hng traders ninuao themselves b** playing ping pong with? the market, one day bulls, the next bear*. Crop, reports continue to come In very much mixed, some claiming that prospects have never been better snd others that they sre very poor. There I* no doubt but thnt conditions have been de teriorating rnpldly for the last three weeks, ns la usual for a* wet season as we have had, nnd by the October report of the gov ernment we expect to see a substantial fall ing off in the figures. We do not believe In the bumper crop estimates that have beefl floating around, and think we will do well to get 1l,7W,000, which will hardly bo suf ficient to supply the demand In view of tbe small surplus carried over. Also with the lateness of the crop, we think present prlcee too low to tiold. STOCKS REVIEWED BY NEW YORK SUN New York, Bept. 19.—The Bun say*: “Call money rates at one time touched 9 per cent nnd the bulk of the day’s loam STOCKS FEVERISH ANO JSETTLED Early Advances Were Fol lowed by Sharp Declines the First Hour. ON MONEY SITUATION Stocks Carried Over Niglit Sold Quickly as Possible This Morning. New York, Sapt. 19.—For the ram#' masons that ware behind yeaterday'! unsettled dealing the market went down a«aln thli morning. The getting waa not at all precipitate and was conducted wlth:carefut regard for com parative stability In prlcee. But It wae neverthetesa apparent that stocks were being preaaed for aale ns fast aa the market oouid safely take them. The outcome of yesterday'* primaries In New York city waa. from a Wall street point of view, unaatlafactory and un doubtedly waa a factor In the day's leas confidant feeling. But the local traction and other franchise stocks, which would naturally auffar most di rectly from the election of a radical governor at Albany, waa no weaker than the rest of the Hat. The atlfTnets of call money, which ruled above 7 per cent during the forenoon, waa an Im portant factor In tracing before the noon hour and Increased In the after noon session. The stock market all through the first hour wss feverish and nnaatftad, early ad vances being followed hy ehnrp declines caused hy uneaahiesa over tbe money situa tion. As a rule all trailers who had car# tied stocks orcr night, sold aa qnlckly as possible this morning. Heading was again tho moat notion stock, ndvanclng to 15414 The general list, which made material gains n the early trading declined to 10m points lefore the end of the (tret hour, hut there were some exception* to the prevailing wenkneaa. Steel, common, was under proa- sure from several eonrcee. . Omernment bonds unchanged; other honde Irregular. THE LONDON STOCK MARKET. mis. .. 1. .. .« ... AtvhlNon Canadian Faclfle... ,, .. Chic., Mil. snd St. Psui. Rrle f Illnnl* Central .. : xmlavllle nnd Nashville. , /tending Pennsylvania.., .. .. Southern 1’nclflc. . . Union Pacific ~ Ited Stir “ * do. preft dared to be a lack ■tack market, disappointment among these •peculators l*dng ostensibly more or lest acute on account of tho failure of the semi official announcement of the fact that the Bsltlmor Into the . eat to bring any perceptible quantity of fresh buying into the market. For some time, apparently, the view obtained In tne Wall street commission honaea that the operation by the Union Pacific of a trane- —*il railway line might prove to be ... ng element In the railway affairs of the country, hut oppoeed to tnis wss the argument thnt those In control of the Pennsylvania would not have allowed this change to take place unless they bad assured themselves that their own Inter ests nnd those generally of the eastern railways of the counter would not he threatened by whnt had happened."—Olbert * Clay. TRY A WANT AD IN THE GEORGIAN STOCKS ANO B0ND8. 823ft fhtXMi./:. - :M 3 Sevennnh 6«. 19o4.„, ., ,., *— 4 J Mncone Ca, 1910 Atlanta, 6s. 1911 Atlanta, 4Vi«. 1999 Atlanta 4>. 1994 Atlanta and Wea* Point, . Atlanta nnd West Point D# Central Hallway of Oeorgla 1st do. Income do. 94 Income do. 94 Income Oeorgla.... ..... ..255 ta sod haraonah lit leonrla’l'acPflc iftjk? .7 .7 .7 7120 '., C. and A. lata 112 THE COFFEE MARKET. Naw York, Bcyt. 19.—The coffee market opened steady at unchanged prices to no advance of 5 points, which was not a full response to/ better cehlcs than expected, unfavorable cable! cron elr ice the rein* hot ca, Ired when they were fall, •t fhaf they were too light, blee were rccelrt . Ing to the effect that they and came too late to do much good.—(11- liert * Clay. The following table gives tho opening range and close, compared with yeiterday'i doss: January.. . February.. March. . . ZT: .: June July August. .. Opening flange. 6.60 so . .0,65-6.70 M0 .• .::mg 0.90-6.95 , .6,96-7.00 .. ..7.00 .. ..6.20-6.40 0.K-6.4O .. ,.6,40-6.60 .. ..6.66 Close. 6.4^6.41 6 00.0.11 fi.6n-6.6l r.« 6 7» 0.70-0.71 0.76-MI 6.804.1 6.85-6.11 0'6.J 6.2.V6.TI h 1 6 J 0.36-0.41 "Do you know that there’s a plact where divorce comes before marriage?' "Impossible!” "Not at all. It's In the dictionary.*'— Boston Transcript. -Why do you call Mrs. Mlggleswort! Dtana?" "She's such a fine huntress. Mlggles- worth Is her fourth huaband, you know.”—Chicago Record-Herald. THE DRY GO008 MARKET. New York. Sept. 19—The dry goods mar ket today was quiet. Cottou yarns were In eteedv demand, but price, were Irreg ular. The export trade wae quiet, tbe ■ 'iiimn trade for the season lielng demoral ised. Heavy goods sold for Immediate de livery. hut were uot being called for freelv on contract. The Important fea ture'of tbe market waa tbe bidding for wide print cloths for detlvsry la January, February and March. .... _ Frank Hawkloa, President. M. Atklneon. V. P. ThomaeC. Erwin, Aaat Caahler. ■eph A. McCord, Caalder. B. W. Byers, Aaat. Cashier. Third National Bank Capital Surplus DIRECTORS! Frank Hawkins. II. M. Atkinson. Joseph A. McCord. $200,000.00. $300,000.00. J . II. Nnnnafly. . Carroll I'ayne. R. R. Rosser. David Woodward. W'M. I*. PEE I*. President. ROBERT F. MADDOX, Vice Preeldtnt MAPPOX-RUCKER BANKING COMPANY. CAPITAL $200,000.09 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 Brother^’ 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 Modem Conveniences You should not be without one. IVe invite you to call and inspect them. Title Guarantee and Trust Co.