The Atlanta Georgian. (Atlanta, GA.) 1906-1907, September 20, 1906, Image 11

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XHiS ATLANTA GEORGIAN. ramwBAT. SEPTrMtiEitmo* SCALPING AFFAIR - r Cables and Good feather Induced Selling Early in Session. , RST PRICES LOWER. fluctuations Covered Very yarrow Range—Busi ness Mostly Pro fessional. «« Tork. sept. iO.-Scalptng cnn- Tn. nrevalled at the opening of the "T’ott'n market- today, with sell- - predominating on account of poor ** m and -dod weather through the t ii'lth the exception of further ralna ,om« of the Eastern state*. First jw, were 3 to 6 points lower, and the rail they worked off a point ir two more. the •tandpolnt of the •peculator, aTretion market Is n dead nne. The " Jol,.nnl element In mnkliiR an effort to "Urinca. hot n, mnncr makers they Ea vrrv nui-censful. They are heiirn, _. lienee their effortn are gener- S, against advance, literature from fiK.’Seat In generally made lip of Ideal 1,1 madltloni and promlae of a bumper _ They neldom use Information of a Heins with referenee to the - lint erop prospects were sent out Memphis—iventher post week forornhle: Jb prwpeetn, while not up to the bright Eje ’ nf three weeks ago. attll promise . mini linn i"in nun. nun i"' . go.nl progress. Spot liiiyern grab t"hl e; that come. In night, paying 'iionllv New orlaana quotationt. .Iirnii’ • ... swi.i'i- „w.. iiilshnrat. Mlnn.-Flfldn nre white; Ml" made good progress: farmers gln- JJ iVt little, taking advantage of good jh'.re' !r nii!a!e n eneoiiragement In the W, Namely. "Spot laiyora grab every- sh. that comae In eight, mylnfl prnetl- Sii* New Orleans quotation,. thin ™id Indies to that pnnluccr hag no ennne a worm Hint he holds the key to the iiuartnii. and that so far this atm non has Kn a determination to market Ms cot- mat price, which ho considers fa r. I * s sJt lw Influenced by the dealers lu the "Liverpool market opened about no ineel.il thin morning, ffrat prices being E jps points higher for futures, while 15 wan marked up 3 points to 5.62d on |W tif s.nno lm leu. Following ore the active month* In Liver- " H ,od * ,: Open. High. Tow. .teller November. .* . .6.J7 sAh 5.041* ipunry.February {•« S-JSJZ 5«ij UrJu^ .V"..-'..IS sin 5:128 £;L, Y ^ee: , 7^1e.^TT!ve« "wing, bat Instead the session began at wline. of 31T5 points, to which was added print daring the early morning, ram pant the receipts at all lotted States ,...24.557 . .81,152 NEWS AND GOSSIP Of the Fleecy Staple. Private Wire to Olhert A flay. New York, Sept. at.-The market Is too “**°S g expect much, hut*we are likely !!..! ll r ,e '"■'T 1 l ! il, ll the movement Is suffielent to supply the Septemlier-Ortnher □ultcments. which are nlmut 1,000.000 The Itteal traders err selling this moralug. General business very small. l.srpenter, Baggett St Co. «ay: "tVe do not enuringte any material advance, and tide " r * , “‘ r pri ‘‘* r sticking to the short Hick ntps. * Co. say: "The lateness of the crop In llkftly to give um mmie auperfl- dully bullish census report* In the early part of tli»» senson. For thin reason an er roneous him an to the slse of the crop la likely to get abroad. In the end we think much lower price* will prevail." New Orleans. Kept. 20,-Mnrkvt very quiet with very little or no Interoat mnntfeated by either able. A dlapatch from Calvert. Rohlnaon coun ty* ?****• “A light ahower of rain fell here yeftterdny, hut not enough to re tard cotton picking. Farmer* are getting ready sale for their cotton aa rapidly as It la withered." tMir traveling correspondent wlrea from Sweetwater, Tex.: "Stamford, neroas to Haskell ami here, cron throughout thta see- tlon 'nlmut ten day* fate; proapecta atmply ■ re tri. la > ill HIP IlHHIf linilldl atatea henry ralna Imre fallen, hut they are local In character. The weatern forecast la for fair weather throughout both tonight and Friday. A* limited amount of huvlng by exporter* caused steady and slightly Improved mar ket. The cnatern foreeast Indicate* ahower* to. night for Georgia nnd Mississippi and fair weather tonight In the bnlnuce. Friday showers throughout. Private Wire to Ware k Leland. New York, Sept. 20.—Mverpool opened quiet, 2V4 up. At 12:16 n. m.. 4 up. I Mill but steady. Sales 6.000 at 5.62d, 2 up. Future* due to come 2% to 4 up. Cotton In New York opened oulet Liverpool cnhlea. nlmut 7 . gh . _ s today. Think It eon he siny. Till Mitchell offering 6,000 1 n big seller. New Orlenna. Sept. 20.—Cable* It la a dull and Itfeleaa niatket. morning the demand In Mill good, prleea Arm and offerings Indited. Sellers wnnt 46 on for Liverpool good middling. Henteralmr delivery, hut on S to 28 Oetolmr delivery. NEW YORK. The following It the range In cottoa fu ture, In New York today: i •s 5 1 P 1 u Hept Oct Nor Dec Jnn Feb March. . . . May $.22 9.31 1.46 9.66 & 9.f6 9.23 9.32 *9.4$ 9.61 *;» *19 9.2$ "9M 9.55 TM $.$9 9.02 9.21 9.39 ■f.45 9.57 US Ip 1:85 9.67-6$ 1.06-10 1.2526 L42-49 tss Closed steady. . .12.095 rerflpts today if day Isst year nl receipt* for Are tlnya. ip iinrs last year...... . *. rfflW . 52.046 at rfi-clpts alnce September L*--j5J’S£2 I.* time Inst p 90 ' 978 ........233,318 itlmniiMl recelpta for tomorrow: Hoi 1906. urUna 3,700 to 4.700 2,44? eaten . .... ....15.000 to 16.000 14. *4 "on." .. !. ... .. ..14.000 to 15.000 14.751 p dose irna steady net 5$7 point* low- inn yesterday. IP0T~COTTON MARKET. IJierpool—Spot cotton nulet itn*l steady; •Mdllng uplnmis 6.62«l. Sales 8 «®00. Ainerl- an I.W. Speculation nnd export 600. Ue- alpts none. Atlnnin-Steady, 9‘ie. NVw Vork-ipilet, 9.75. NVw Orleans—Quiet. 91-16. Anrt«tn-Steady, 9Vie. Hfivnnnnh-Knsy, 9 3-16. 9t. L>uls-Steady. 9%v. Rosion-Qulet. 9,7i. lli.imtoii—Steady, 9%r. t.nlveston—Firm, 9 7-11. Msniphls-Hteady, 9H**- Mltlnmre— Nominal, 9Hc. Korfoik-Stcndy, 9 7-16. Wilmington—Steady, 9A4<** TODAY’8 PORT RECEIPTS. following table ahowa recelpta nt tbt today, compared with the anine day Orleans. . Aihejton. . , , Mol.ll,-. fcvnnnnh. . , , ftirleiMnn. . . siitiilngton. . , Werf.dk. . . . York. . . Bnufon Total. 7633 1045 2190 INTERIOR MOVEMENT. / following table ahowa recelpta at the r town* today, compared with tne l»y la»t year; Romtr.n. . Auguntii. . • Liuls. kitmnti.. Torsi. imientMtlla flour output laat week 4*1.00.% barrel*. ThI* place.1 the Ightly nlmve the ITO.00O mark. The tumeil out waa 309.670 Imrrela. Ill In Minneapolis I* running till* he Aour market la gradually Irn* While some mill* reported trade fnfr. other* made immnaratlrely lc* «f Aour. The foreign *ltu*; 'ii«i*iiraglng, and a gmal deal or n» worked for United Kingdom HEAVY MOVEMENT LATE IN COMING New York, Rent. 25.—The Run «ny«: "A .null) mlvnnee look pl.ee .. n re«illt of covering nml »ome prof.i.lon.l buying for n turn, lull nothing oeeurrod to really ni ter the genernl ponltlon of the cotton m.r- ket. The nioremrnt. npwnrtl nml ilown- word of price, were governed more by pro- feutonnl room trading thnn anything el«e. nnd were thu. devoid of nny apeei.l alg- nlflennee. The tlrntne.. of the .not mar ket. la one of the aallent fact, of the alt- nation, nml It l« grounded largely on the feature of the receipt, whleh fulled to In- rre.ee. For aonte week, [met we hare been told that In the coming week the move ment wna likely to Inerenae largely. Rurh propherlen. needle., to nay. have dot been verified. Meantime, foreign anlnnere have been huvlng heavily, the continental mill, being eapeelnlly large ptirehaaera. The aouth la offering the actual cotton lean free ly and tha comparative amallneaa of the receipt, la attributed not merely to the iatcncaa of the crop, but . 25 hark of the cotton by some of the well-to-do farmer* of the aouth. men who led In the holding back movement of two year* ago whleh waa .tick a renmrkable amw»a In the face of nn actual crop of lt.oOO.OT) bale.. Yet there are few bulla here. Ab moat everybody la a bear. — Utbert & Clay. New Orleana. Rent. ».-The Time, r-erno. ernt: "The monotony of the cotton mar- ket drama hnn not yet been broken. and aelflah aentlment la “«S™5|{SSfi|5 nart In the te<lloua affair that one naturally wonders whether or not the oid guard will ever again aucreod In atlrrlng up far-reach ing public enthusiasm. If tnc crop la to lie marketed without broad gnuge apecu- latlon. the less analytical talent may * to a renllantlon of more of the potential ! n fl tie area at work In Iwhnlf of the ataple. Otherwlae brervaluatlon iff nurface price factor, mav logteally be looked for for Smo time to come. Meanwlil e. too much !tr*a. la being given radically oppoalng Jron and ron.umptlon view., and nol enoualt to the encroachment nnd concen tration of the former.' defenae lino. Be- tween »e nml 10c for cotton, no long aa th. Supply I* known to be ndeomye. la ample' com pell aat loti, far more Ann the !mi? I could hnve eolleeted under the old 25,1 nm In the abaenee of apeeu- mtive aupport nnd under the weight of onhTle Indifference, the cotton growing KiitM are early yR: mnvonfent. rnSn'th* FJvetSl.. iml baek Seta and active effnrta to foater WARE & ‘qailY^COTTON LETTER. lad tlil. morning. PHeM Were the mrae at a nvimvif tndav aa at the aa me nour jea ierdav In ofher word*, nntwlthatannlng h^wave. of buying nnd -wlllng that .went fec'%rS!.“.fon 00 lSr^ Ta} « thS'mi’riet 1STSJ S’lSS’ -hSrS '.f ?h« SSSEJBb csstoo. SS ?hS?r hSlfeSTan .nil be adhere.1 tu with profit. . THE DRY OOOD8 MARKET. gaxssi Magfe-am GIBERT & CLAY STOCKS. 9ON0J. ATLANTA. OA. *•» igxgs&sxs&z BxehaagaJNaw OrUana Cottmi |f'J;|jnilf l TerpMl B C««»B , AT»o^atl« USSsSIn" 8r r !SS.‘ If^SSeiialveaton cotton Erchang. I-rlrau Wire. toMl Exchany. pA0AN Man»fl*r. ona Olittno. T.I.pbon. S2S*. w ‘ ZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS 2 Building. Be!! Phone. Main 858. ATLANTA. GEORGIA. Edited by Joseph B. Lively MARKETS Mr. Lively', twenty-five years' experience of ed iting market. In Atlanta and the South haa mad. him a recognlxed an- thorlty In hi. .peelnlty. RANGE YORK STOCKS AND COTTON MARKETS TIPS FLASHED From Wall Street vv...i*dg ruai at Central Leather _d°. preferred. . . . SfettfitT: do, preferred Lnu!»l!u tsVA: Km LIVEBPOOL. The fallowing flgtirea give the opening ange and close, compared with yesterday's «ep<--Oct I.U *1*| Oct.-Nor 5.07 -6.[IT Not.-Dee /.MS JI.M' Itec.J.n. . . . .107 -5.1* 1 Jan.-l-'eb. . . . J". -8.0a 1 mlng. Frerloui nge. Clo^.. Clorc, .6.18 *15Vi 5.131k 5.1; NEW ORLEANS. Kept. . , Clot. . . Nov. • . Dec. . . .fan. . . Fob. . . March. Mar. . . Closed steady. 9.17 9.45 n i il 9TPB 9.16-17 9.19-30 9.21-22 9.9142 9.96-97 9.46-47 9.61-62 TS 9.22-23 9.24-26 9.20-27 9.36-97 9.41-43 9.61-52 9.66-67 NOTES ON GRAIN Pointers on Provision*. Private Wire to Glbert 4k Clay. (Chicago, Kept. 20.—Considering the sharp adrnncf In wheat cable* yesterday the alight reaction la not significant of weak ness. There,li still too much rain la the northwest for threshing and movement. The market may hare a little setback but favor buying In that event. Although Armopr relieved September corn abort* by selling over a half aillllon bush* els, the price* closed nt alwmt top - for the day. Do not think wise to stand out on abort aide. The strength of old corn Is good argument for buying May nnd Decern* her nt the big dluconnt. Kentlmeut regarding the. northweat crop and general situation la/growing dally more bullish. Beat |»oated people among millers nnd elevator* people are to the conclusion that the yield will P r °Tj disappointing when compared with early expectations, tnder these conditions, any material decline I* “hot probable, whereas a sharp advance will not l*e surprising. Feel very friendly to wheat.- Oats look higher, offerings light at mo ment. nnd locals short, commission house* 'ft CTattl nay.: "Bull, who Inst night that the dU^ren^, IHI bushel netween May oeta «nd corn was aa small *• would l*e seen again for aoms "Syntlmant In whant tlally growing notf bulllih. Kxp«t a (trine. frlvato Wire to War, * Tri>lanfl. C'hlcnco. Kept. 30.—4 ahlea show no snap thU morning, and i the short jjjjf'jjj In wheat 1* well provided for we are api to get a fair set back in whont now* wheat holds rather firm. No pressure, 'MpTktt o'? wha.t dermal 325.- < 7vii'(-at'inarkvt having hntrrt wofk to hold *U^r^r5S?r y .«n' - and oat. on any fractional dip. -i.. Barb- offering, of corn wjr, oulcktr nn aorhrid. Buying corn ami SJ’f t'mlahy broker. U.lpM tk* oo r “- •JTJJBJJ nil *ot abort early, and bave # t»een fighting tha advanc” Armour taking Imembar ami reLra* nrnlna have tnrnad .trong. and tsavtsrmsrs » 3y? SMfT.*.TtrS!ii. "uylnc Ootobor Urd. Railing acattcrad. ‘- J-ANDE 5 S A?L N V a COTV a ON LETTER New York. Rapt. W.-Tha N.w York mar- kat opanad waak thl. morning at * point. •tellnT from yaatarrt.y'a cloja. Tbl. w» oaraalonad by unfaror.hla fortdgn ca le atul a gan.r.1 lack of Intaraat In tha mar- kat. Aftar tha opanlng tharo w.n »ma buying both for long and ahort account and nrlcc, became dull and atnndy. Rantlmant la *> badly 'Hvl'lad that It la nltnont linpoaalbla to gat an l"tatllg»nt ln« ou the rourtm of price, for tha Immedlato #llh ,. 0 »,„* i» !■ generally believed that the twaiit leva! ffacount. tha proapact. °^» * la^iitely^hftt recelpta will be the nu>at Interesting feature for the near future, and ahoulfl they begin running on n level with last year the liears will make much capital of it. although everybody exneets them to do Hint. At present they continue H h ,h« and do not Indlc.ta tha anormou. rb‘ld that has l»een talked *l»out. ^ Itluc traders are always bear* and *• the mlVkft " antlraly In thalr bamU Juat now we cannot hoi>e for much rise until It la denionatrntad that tha crop M going, to 1^ nmch shorter than haa been generally re nnrted However, cotton lwught on the K-5r.lon. nnd bold a faw w«ak« will proya profitable. ___ 0,BERT *o C aily ,8 cotton letter New Orleana, Kept. 30.—Option* In the earlier trading of the Liverpool market were fnlly responsive to our advance yes terday, but later developed ronatderable weakness, closing price* showing liarely any change from the previous day's lev- ela Spot sales amounted to 6,000 bales, quo tations being raised 2 point*. ,The market continue* to rule narrow and uninteresting, opening price* were lower to .conform with Sasastifrassyssps irss s?SX &/,; ssj&flS •»“*. I*--!—va'itmPthi'markat^wa. to work out Ita owu daa jaft aavaraly ,Vlstlm "iy ni'ora^fa'roretKia'r.nor. "Alt' of iha grant datarlorntloti raportrel a waak or two iSriaamn to hnva I wan graatly laaaancd by tS! clan ring wa.thar of lata, and pro«- now ara vary much lirlghtar. nnd Klwclnlly In Mlaalaalpid »ml portion, of LouSSn.. Bat dvipjta tha» Infiucnraa. fltvoSlda to lower prlcaa, uo mntarlal da- allna la look-l for aa long na tha aland - U.M of Iha wmtharn npot markata la wal alntalnad. cation t. .till ur.nlari Iwfara tha month la ovar. and many .la.-a a.l waathar wonld mit Iw anrprUIng at thl* the equlnoxlal perioil of tlie rear, but nil tiling. conaMarrel. tha lark of a more wida^red * btMd - pt wom 1# the change or prices. WHEAT AFTER JHE OPENING Due to g the Return of Dis gusted Bulls to the Market. out decline In whant drove the outsider Into other channels of speculation, but ha la back In the harness again and taking on all the cereals. The return of the disgusted bulls Is chiefly re sponsible for the opening. the l*>4c advance after CHICAGO GRAIN MARKET. Open. IXIgb. CHICAGO CAR LOT8. THE PRIMARY MOVEMENT. The following figures show the primary movement of wheat and corn: • Wheat—Receipts today 1.029,000 bushels, against 1.013.00ft bushels Inst year; ahjn- ments today 479.000 bushels, against 3»,- 000 bushels last year. ... t'orn—Receipts today 666.000 bushels, against 554.000 bushels last year; shipments today 827,000 bushels, ngnlnst 471,000 bush els last year. LIVERPOOL GRAIN MARKET. Wheat—Opened unchanged; at 140 p. in., unchanged to 14c lower; closed unchanged to %c higher. Uorn—Opened Uc higher; at 1:30 p. m., unchanged; doted unchanged to He high- liondon market weak: Reptemher off i 9* 6d; Octolier down 6‘4d nt 9a 341. PRICE CURRENT CROP REPORT. Cincinnati, 8#pt. 20.— Large corn crop prac tically assured. Cutting general. Condi tions favor a full acreage of winter wheat being sown. Interior movement moderate Tacking 375,000. ngnlnst 386,000 last year. N0RTHWE8T CAR8. Minneapolis. . Duluth. . . . Chicago, Kept. 20.—Hogs— Kstlmatoil re ceipt* today 17,000. Market 6fll(V higher; quality fair; left over 3,788: hulk "* estimated for tomorrow 13.000; light 6.62H: mixed |5.90«6.62H; heavy $5,501 ... rough S6.60C6.60; pigs S5.504i5.86; yorker* S6.75C6.50; good to ehnlee heavy $i.5696.82H. * receipt* 8.000. Ms * lieevea S 12.4005.20: S ood prime steers $3 lum R.9006.90; stock 4.60. Hheep—Estimated receipts 18,000 ? strong; quality fair; natives $3.1< western $*.10£6.60; yearling* fc.5( lamb* SI.r.VfiTYS: western >4.r/lii7.i:.. SOUTHERN EXCHANGE Oldext E.tablUhcd Offtc. South. COTTON STOCKS BONDS GRAIN Ground Floor Gould Bulldlns. Dally market letter and market manunl matted on aptillcntlon. L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, CRAIN Correspondent’s Capital $250,000 RirnUNCC. THI NEAL BANK PHONE f4IT. PRUDENTIAL BLDG Miw r«ri *4* Orltut. COTTOnYg^AI^, ?RO^IsfeNsSTO^KS^*BOND3, *«. 1 EWIit.. f||M|MMk|; fiMeefa. da Mn Otlnm. CM,.,a 5L. Ml flm 1283. Meet 31 % Compound Interest la the rate your money will draw If depoilttd In the SAVINGS DEPARTMENT of CENTRAL BANK AND TRUST CORPORATION CAPITAL $500,000.00. CANDLER BLDG. STRONG, SAFE, CONSERVATIVE You are Invited to call and Impact our quertere and Inveetigate our facilltiea t# eerve you. A hearty welcome awalti you at thlo bank. ASA G. CANDLER, President. W. H. PATTERSON, Vlee-Prefi. A. P. COLES, Ciohler, JOHN 8. OWENS, Vleo-Pree. WM. D. OWEN8, Aeet. Ceehler. HUBBARD BROS & CO., Skis Atlanta Office*, 2H-JJI Century BulldinB. Members New York Cotton Exchange, New Or leans Cotton Bxchango, Liverpool Cotton Aaeo- ciatlon, Chicago Board of Trade, New York Cof fee Exchange. New York Produce Exchange. Dullness solicited for the above exchangee. Direct wire service. Correspondence invited. Phones 454. Long Distance 1». A.S. Hu»tace. Mgr Private Wire to Olhert k Clay. New Y'ork, Kept. 30.—We do not see any thing aperlal, hut do not feel ao bullish on stocks this morning. While not lncHne«l to suggest - extreme confidence In today’s mnrket, we believe the active speculative Issues will be out- tallied. May hare further unsettlement today and then the market ahould be a purchase for a turn, especially the good dlvhlend rails. The City Bank has Just engaged $2,600,000 of gold. Oateg a large buyer of Reading. The New lork Financial Dureau: Un- Mtlement la IF market today. — —, W# have repeatedly pointed out that the big In terests will not permit a broad specula tion until money Is sufficiently easy to properly handle such speculation, lu the meantime, activity will give good profit* to the dally trader who Is active, wheth er he be banish or bearish, aecordingt© the technical position of tha atock. /Tha Urge Interests have absolute control of conserve the nubile, with the. data now hand, and will not permit a serious STvrlli ow now at decline. 1'rlrate Wire to Ware k Leland. New York, Kept. 20.—The scarcity of the fleeting supply of St. Paul la reflected In the quirk advances It enjoy* on a coinnar- atlvely small amount of trading. Techni cally the position Is very strong ami we would not t»e surprlseil to aee ranch higher prices liefore long, whether the SL Paul deal la announced or not. A well known stock exchange house this morning haa Information to tne effect that support In United Stateajlteel was placed last night around 44. The sto<*k la re garded as a nurchaae near that figure. Ate wonld give It close attention. There wns a large long Interest In'It, and It wna held within certain limited restrictions for a long time. It Is possible that the Insiders desired to repnrchsse distributed stock. Baltimore and Ohio waa one of the strongest features In the market today, in a coupir or wrrii, an w»*ii ns iim unn- opmnit In reinnretlnn with the parr hare of the atork of the lUrtiinan Iniereot. 31. ran only MX that we enn«liter thla itork nne ef the Mfeat purchaae. In the llsL and nne that will return a (treat many points profit within the eoonie of the next elx or eight week.. Itnw-Jone.' enmm.ry: Amerle.il .tork. In Bolden steady at * l B?nk l ’of , T!ngl«nd ret. nnrhanged. l’ro.pect. for settlement of Cuban dtf> 0< New York°CetHrel right, quoted at about C tier rent. No ennllrmntlon of rumora of competltlre haying of Bending. Arrount. of dlnater at Hongkong Inrrea,. Ingly eerlou.. . . Urgent demand for money In Chicago and large loan, fall do. Octolwr 1. light demand for atock. In loan crowd, with Amalgamated Copper and United Htatea Hteel common lending ahore the general rate. Beading eurplna over dividend, 11.740,- iinrrltnnn Inter.,!, reported to he try ing to get hock rontrol of the Alton. Calnmet and lleela earning, ezroed SU0 per ahare. .. . .... Corn crop now considered practically out V® aurplna for year 75,077,wo, eonnl to 5.2* per cent nn combined capital, after preferred and common dividend*. Twelve Industrial! declined .77 per rent. Twenty active railroad! declined .73 per THE COFFEE MARKET. New Tork. kept. 20—The _ coffee market opanret .aUady at unchanged prteM to an advance of 5 point., and rttl-d steady dar ing the early renainn on Imylng hr lending SL’Kr&ier Th? *« the decline In the rate of Bratillan eg- change. The final Havre ruble reported no further change, leering that market net 14-franc lower—tllhert St Clay. The following table girre tbe opening .vnge and clore, compared with ye*terdaya Jl Til IS - ." XT 0 ite. :.v.::::.v ‘.iWS 1W* keptemher. ". . Novetnlier .. ..4.70-4.40 4.454.60 December.. .. CloMd .teady. COTTON SEED OIL MARKET. Hales. 100 Dreamhar at *014. STOCKS STARTED HEAWMH TONE Reading .Was the Feature, Initial Sales Being Sharp ly Lower. OTHER ISSUES , WEAK. A Strong - Tone Developed Later Under Leadership of Southern Pacific. lar rbanjf* today In monsv rntre. either call or time loan*. Th* market on *11 elnsreH of borruwlne remained deeld- Mly stiff. Bnt fn one or two reapeet*. the mon«r altnatloi* appeared brighter than It did I*' *t w#s fflfs n6jb*et whleh' Influecreil the ni«irrmenr -vn tha stock exchange In tfae first ;,lare, tha Hank of Englnnd reported II* perct-ntag© of reserve to llAhllltles prnrtfcfllty un* chanced on the week. In spit© of hearv American gold withdrawals nt the close *»f Inst week, nnd under these clr<niin- stance*, of course, loan* were left at 4 per cent. The bank* showed n credit *t the treasury for the week enlarged by $«.- 000.0)0. and on ton of thf* fame the An nouncement of $3,500,000 more gold engaged for Import. Price* In the stock maraet began unevenly, but under the encourage ment of these developments In the money poaltlon they moved up sharply nil through the Hat, showing by. midday substantial gain*. Kvery one had a tip to buy Southern Pa rifle at the opening, and many of th* trader* bought It on point* received from what they considered the boat source*. The buying was aggressive enough to force the price un from 9i% to 95t; In the first hour. Trading In the rest of the list ws* confined In th« first few minute*, but later a strong tone was developed. Rending, which sold on the street after the close yesterday at $11%* wit offered down by the shown In the anual report. Hteel stock were firmer. . Government bonds unchanged. Other bond*'steady. LONDON STOCK MARKET. BTOrKB— Anaconda. .. .. .» •• Atchison.. . . . . . .. .. Canadian Pacific. :. i: .. Chic., Mil. at»d Bt. Paul... Brie . Illinois Central.. ... IeOttlavUle and Nashville. . Reading Pennsylvania.. .. ... Houthern Psel(le Union Pacific...... ..tl.*-,,. United States Hteel. . . . do. preferred. . . ... WEATHER IN OOTTpN BELT. Texas—Rhennan partly cloudy and pleas ant. Tyler clear and cool. Houston partly clondv nnd pleasant. Belton, Temple, Fort Worth and Cisco clear nnd pleasant. Sul- a iur Bprlngs. Pittsburg and Wlnnaboro ear and warm. , , _ MlaeUsIppI—Jaekeon clear and cool. Ya* soo City and Natch* partly cloudy and pleasant. Vicksburg pnrtly cloudy ami cool. Aberdeen. Corinth, New Alhnnr, Amory nnd Tnpelo elenr nnd pleaoanL Holly Hprlng* clear nnd pleasant; henry rain thl* Alabama—fliintavllle cloudy and reols light rain last night. Selma and Mont gomery clear and warm. Mobile hard rain last night; now cool. Troy clear and pleas ant. Opelika Mr and cool; rained last ° Georgia—Col umbo* cloudy and hot; hard rain last night. Atlanta clear and pleas ant; rained last night. America* cloudy and warm. Macon emudy and warp; hard rain last night. Albany clear sod warm. Savannah partly cloudy and warm. WEATHER FORECAST. Georgia. LnuUInnn. Mississippi. Kaatarn Florida. Waajani Florida ana Alabama— Thunder shower* ^nrsday nnd Frldayl light variable wind*. Arkansas and Weatern Teine-Palr T Ea»7irn Thttreday and Frt- ''"iTllmfil’amf ’iwtl.nli-ShBwr* tcnlfht nnd 'V.hnuka-r.rtly cloudy tonight and to- "wKrenrin-khotvere thl, nfternnon. MlnnMot,—Fair tonight nnd tomorrow. J oint nnd Knnnna—Shower, tonight. Torth Hnkntn nnd Smith Dnkotn-Fnlr tonight nnd tomorrow. • THE METAL MARKET. New York. Sept. 20,-Tt. w„ quiet and unehnngwl with moder*te trading, ropper nnrhnnged. I^nd nnd npelter firm nnd un- tged. ItOBEBT *711 IHJOx!’Vt're Pretldenl JAMES O. I.KSTEIt, AMlatnnt Ctnhlar. MADDOX-RUCKER BANKING COMPANY. CAPITAL $20d f 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. C. E. CURRIER, Prenldunt. A. E. THORNTON, Vlc*-Pr«nld*Kt. H. T. INMAN, VIca-PraaldMiL GEO. ft. DONOVAN, Cn*hl*r. JAMES 8. FLOYD, A**t Caahltr. Capital $500,000.00 Surplus and Undivided Profits....... $500,000.00 We Solicit Your Patronage.