Below is the OCR text representation for this newspapers page.

THE ATLANTA GEORGIAN. -riit'iuiDAY. BnwnK : n THE COTTON CROP It Was Bearish and Caused Some Belling by the Brokers. OFFSET BY THE STORM Good Buying Appeared, the Tone Firm—Prices Scored Good Advance. New York, Sept. 2?.—The undertone of the cotton market was steady. For Hgn houses were good buyers of Octo ber, and this, together with the higher cables from the market at Liverpool, f,<u.s*d the steadiness. There was con siderable selling through certain brok ers, supposed to have been caused by the estimate on the crop Issued by The odore H. Price this morning placing the yield at 12,250,000 bales. The New York market wns called steady •t the opening this morning, with prices showing Adrnuces nil along the line, re flecting better Liverpool advices than ex pected. Immediately after the opening, a firm tom* developed, ns n result of fears of serloqs dninnge by the trpptral storm, cen tral on iho Louisiana coast this morning. It Is accompanied by heavy rains and high winds. wlil»-h will seriously damage cotton, and oil this view of the situation, the buy ing FW, .of good character, prices scoring sharp rtdvnnees during the morning ffeff# las. The October option wap the strong- |. .ire, pool today: Ortahtr-NoT.mhcr. . . t'.lSvi Imi Jonunry-Fcbruory. . ,.-6.02 c.07 &.01 March-April., .f.0& 6.11 IM Mnr Jmi.- 6.09 6.144 *« Thoo. Price Issued an eatlmate of ttu crop today. He places the yield at 1?, 250/100. It was considered bearish, and 1 few of the floor brokers sold, but with out effect on prices, the storm In It* gulf being considered more of oil influence in favor of higher prices. The close was steady nt advances of 7<gl points, compared vl|Q yesterday^s finals. On Account of wire trouble, uct receipt are omitted, as It has been IniposUde ti art them complete. Katlinatcd receipts tomorrow: 1906. New Orleans.. Galveston.. . . Jloastou .. 6,M0 to MM . . ,too» to «.ooo »Jbn .IS.S00 to 1S.W) U.6H - SPOT COTTON MARKET, Liverpool. spot rollon ilutl and etrmlr; middling iiplnn-Is B.»M; satre 4.009; Amrrl- ran 3.70); .peculation and eiptirt 4w; re- c-l luu. iteadr nt 93-10r. XfW York. <11'let nt 9>r. New Orleans. Arm .t 3He. Aug'iera. Him at H>'V n|gw . 'testnstM.' Asm «t Itar. more, nominal nt Wjf. Galveston, steady at $*4c. Norfolk, steady nt 94c. Wilmington, steady at 9*4ff. NEWS AND GOSSIP Of the Fleecy Staple. B,p U. AWj.arpiol nt 13:80 trnn -HS4 up. It an due unchanged Co % up. I.lr.-rpml cabin: "Market affected fa vorably by’South keeping ultore Liverpool parity. Prominent arm Urge boron; .mull iimrket. liowerer. ami thTnlt market will renet on any wiling.” Itnln predicted all over the cotton belt today amt tomorrow. Tbeo II. I'rlee, In bli cotton report, make, condition 63.9, aa of Septemlier II, atmlii.t 87.S laat month, and e.« In Sep- umlior. 1T<*. According to hla ettlmate, mated nroductUa on ths figures of July "* of ll,2»2,000 bales. private Wire to Wire & Lrtanri. New York. Sept. 27.—IJrerpool futures opened tiulfft and unchanged ou near and 1 point down on late. At 12:15 p. m., 9C8*4 Up on near and 2tf3 up on la\\ n»>«l steady. Sales 4,00) spots, 4 up. at 5.CM. Futures due to come unchanged to 161*4 OP- Iff prices »«> work much b»wer an noon an much for sale. Wires down In southwest curtail* trade, but disposition Is to buy, and with further reports of had weather spect further advance. Tho bull sic! *~~~ few more friends. Cotton steady on good general buying over th** entire ring. II, WNsou and Mltdiell both big buy ers. COTTON FIRMER ON HEAVY RAINS Now York, bept. 27.—The Sun says: tropical storm In the gulf of Mexico, onus* Ing heavy rains In the Mississippi valley, had much to do with tho ndvnnee. Besides, there were decrenfied offerings of the actual cotton sod fears of a bullish government report on the condition next Tuesday. The Mississippi volley has received n pretty thorough drenching, especially lit the lower section. Damage was reported In the Mem- Edited by Joseph B. Lively MARKETS Mr. Lively's twenty-five years' experience of ed ltlng markets In Atlanta and the South has made him a recognized au thority in bis specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS phis district by rains, and should leratures fall to anything near to j 'oliowing such a storm thore mlg I (-Ing such a storm thore might I I least o temporary advance of some mngnlL tude. lira a time the South is offering cot- fon less freed/. It in stated, although fits receipts both st the ports and tJi« Inferior towns InereuMd. The sphoiiluilon, loo. re- unlnH na narrow na ever, and la M much gnored by fhe puldlc as at any time for a I rear past. Bnt Liverpool people and spot ntcrestg were buying Otcober yesterday I warily, partly to cover shorts for Kngllan account, and a good many others were cov erlng In pecentber and January, fearing uni favorable developments growing out of the storm If nothing else, though surmises about In possible Narvmtor revision of the differ ences between the grades are said to hare lad some effect. November was also bought rather freely. Wire houses were buying on n pretty liberal scale, nnd na a rule tbare wsa less disposition to taka the aggressive on the short «Me. MmmU4 41m monthly for- 5 Brnment report, which la to be Issued nextl litraday, snow’ deterioration In the condlf cion of the plant during September of unj mzrft & w vroulil Uk« n ehsrp upward ceurse. Rut Iff TODAY’S PORT RECEIPTS. The following tabic shows lecclpta at tk# j>orta toiloy, compared with * INTERIOR MOVEMENT, The following tnlno shows receipts nt the Interior towns todn- *~ 4M * iU * an me day last year: 1906 1U94 tin H97 < """ T * SiKVocK Letter. New York. Sept. IT.—There were no lewsjinnciuru-rmenta of a kind to cause unraslncss. Money waa eaaler, both time and rail, but the market appeared to have absolutely no support of a kind to Indicate confidence In the altuatlon by larger Interests. The advance In the stock market, which be fan about Au- tuet 9, now appears to have had a cul mination, and It looks aa If a new set of Influences have taken hold on the public mind. The policy of Increased distribution of carnlnfs was reflected In the Harrlman dividends In a rather extreme way. end the effort, on the part of larser Interests to secure con trol of connecting lines In the further ance of pinna made neeeesary by re cently enacted laws, etc, appear a, market Influences to have been ex hausted for the time belnc, and to have been followed by political questions end Wars of very tight money. On this lest subject |t Is not at all sure that the recent decline In the market and llqul datlon now going on la not largely the result of the monetary situation, though money Is now ruling much eaaler. We are not yet Inclined to suggest support to the security Hat except In special di rection,. and prefer a waiting policy until lower levels have bene reached.— Marshall, Bpader & Co. LIVERPOOL GRAIN MARKET. ..fora opened aarhaagadl Maher; closed >« higher. 1:30 p. m„ H DAILY CO'. - . New York, Sep:. 57.—Spot sales Hi lie eruool this morning were light at 4,000 bales, 4 points up. Futures openad un changed to 3H up, and closed 4%fi* up. Oar market responded by opening -tH up. Tht fete of tbt tropical storm now ad veaeteg aa the cotton halt area tba la- Aurora wblrh sent aborts to com, and also lajMiTyown rrorwed NrHra f' tars. Tho wiather «*p WT lb part ■lays has hew the worst for (he aanp.ii. tftlt the sentiment satinet the baa lieen »o general for so long that the beers refuse, to tura loose, ex cept sritb the erewed Intention of tak tfcMfe dTtaca na Should tl -k The market rig'. and the preaaat advance will not lie aua- tnlned. On the other band, the Imlla an laying mseh stress on the storm, sm shout) It adraaoe over Into Texas, the; will make much capital out vof It. WEATHER IN COTTON BELT. On account of crippled wire service dee to the screes tropical storm, InfnnanUoa from MlaaUnlpnt nnd Teens Is meagar. A terrllli: sform la reported mglng at ^ ta VJ , 'ttidi ,l L , re M ^?ftd et Moldb. Ala..^ rfnchlng a vvloelty of 40 ami M nllcs Opelika and Selma report ' Ma"! ,K‘weather eber »nr 3i Jackaoavl 'Oeerfla-Mscon partly cloudy and cool rained yesterday. Savannah clear aw pleasant. American cloudy and cool. At Inntn rtondy. cool nnd wfndy. WEATHER IN WHEAT BELT. Northwest—Fair to clear; II to 10 above. Went snd Houihweet-flenerntly etonr; _ to 9t nltovc: front nt lllonx City; showers In southern llllnata Ohio Valley—Cloudy; 6* to • above; gen ernl r ""^ EATHER FORECAST, fleorgln nnd South CeroHnn—Hale to- ght nnd Friday; brisk to high east winds. Alnhsnm—Itnln tonight nn«f Frtdsy: high and varlnhle winds, diminishing Friday. llllunts spd Indlaus-llnln tonight nod tomorrow: warmer. Wisconsin—Fair tonight and warmer; Frt tomorrow. ..... Iowa—Fair and warmer tonight; honor, row cloudy nnd warmer; probably min In east nnd south. Mlssourl-Hsln tonight nnd tomorrow. Kansas. Nebraska. North Hekou nnd South Dakota—Fair tonight nnd tnawrrow. THE COFFEE MARKET. New York. Sept. ST.-The eoffm market opened steady et an ndmnee of 1 ta II points on the nneouneement of the namee hf the persona who are wntlilng with the Hmslllan gorernmrnt fnr vnloriantlon, anil whlrh IncTnded eorae of the tdggeet and ■tmngeat Interest* In the tmde, emml them the-two biggest Importers «f this rnnntry. Of courts the plan as It la work ing out la not really the rnlnriantloa octgt. nelly Intended. The various merrhsute each advance a sum to the Ilranlllen government, which, to addition to the other, guarantees and provides for the valorisation law. art A Clay. Following Is tb» opening range end of tho New York coffee market ft 4,)r ' Opening s«h« 43 January • .My*** Felirnary . Morch. « May J.*LW Angnat.'.V V.V. '.’.""IStS Closed steady. •• K. AiAUAMA »T. GIBERT A CLAY coerce. PisoviatON* HCMncnai ATLANTA. «A> Board of Trad* ' Cotton Assoelatlon Cotton Exchange Local end Una DUUnah Talwhon”5299. IL FAGAN. Mnnaoera ALONZO RICHARDSON & CO.» PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone, Main 858. ATLANTA, GEORGIA. NAME OF STOCK. ikuialftuitUd CopMtr.e • Atlantic CuflXt l/uv. .. . Amcrlcau Suf«r llof. ,. , Anaconda. . America u Locamutlrw.. . . do, preferred. . . , # Amer. SmritltiK lief. . . do, preferred Atchlsou. .. ..... . do. preferred. . . . # American Cotton Oil. , j* • . . Atm*r. Car Foundry. ...... Baltimore A Ohio Brooklyn lupM Tran Canadian Fa cl fie Cnle. ft North western.. Cheaopeake A Ohio. . , Colorado Fuel 4c iron.. Central Leather do, preferred. . . . Ch e., MU. Sc St. V. . . Delaware A Iludsoit. .. Dlitlllor'i Securltle*. Erie „ do. preferred. . . ,, CeiMuul Electric. . . . Illinois Central. . » » , Ainer. Ice Securities. .. Louisville Sc Nashville.. Totat took Mlei today 1.422,100 ah area NAME OF STOCK. N. V.. OnL Sc Western Natlnual Lend Northern I'aoiflc. . , New York Central. , Norfolk Sc Weataru I'en usy Ira ala People’a Oaa I'rcssed Steel Car. . do. pi*i*ferT®d, a • Pacific Mail. Hrndlna , . . . Republic Steel Rock Island do. preferred. .... United States Rubber* • . do. preferred. . * - » . Southern raelflCs , , . f . Southern Railway. .... no. prefer rod Sloaa-Snefflold. . , .... Teun. Coni h Iron. .... Texas Ac Pacific. Union Pacific. ....... United States stem. . . . do. preferred, , , , . • Va.-Car. Chemical. .... do. preferred. Western Union WlMb do. preferred Wisconsin Central. .... do. preferred NEW YORK. LIVERPOOL. The following table dree the opening ■ange end close, compared with yesterday'# Future* opened quiet tod steady. Septemlher. - Sept.-Oct. . Ort.-Nov, , Nor.-Dec. # pu.-riE:: very ateady. NEW ORLEANa taro* In New nc la th Orleawf todMj: NOTES ON GRAIN Pointers on Provisions. Private Wire to Ware tc beland. Chisago. Sept. 3.-S0 tong u rabies ahnw fataaent atreogth, do not ace how our market ran sell off much. At the tame time tome hullo have good lines bought at the present level, and should they «re out * good net- bark would devolep. Wheat opened Arm wtth locals buying. Borne good aelllag of May corn through brokers (hla morning. _ Onto oprned Itrm with wrlln and Bartlett, Frailer & Carrington fair buyers of Decem ber. Belling srattrred. Only moderate trade a prorlalons, with >n houses selling ' -• • " • —", Buy.' WHEAT HIGHER AT JE OPENING Firm Cables and Smaller Receipts in the North-, west Were Factors. An uni polls' S«I4 buthehl Pf wheat oml bids within _ __ .Mgt In ftU pooltlons were bushrlB. rales of corn were 66.0)0 uahels and oats Bales nt the seaboard 100, Wo buahflfl. KTrSTO will take contract corn. Call . . nations of No. 2 «n«l yellow com In Ithe two days hare liven 2S7.0W bushels, or about a« much a* had !>een delivered. m ■nninsiniisi ( i»i yi y.iBiMMi luskels whom bushels oajM ar.l and • SM KUm.'Urus: .1 oounda abort Hba. A'lrlrra from Mlnnewrt* **y that tbr quantity nnd anallty of whant has baeu dr ferloratrd rery materially alnra the eat) a mode when the crop was drat out. icsota, and is now playing hnvoc fur- — north. Oraln* of all kinda am growing In (hocks and. stack, and ndvleon art that t I* Impoaalhla to tell what the outeoma will be nntll after threshing In finished. =■ T t, on wheat taken na our country corrnpom and Minnesota, show 1 10 hoshels par acre. Frlrate Wlra to Olbert k Clay. Chicago, Bept. D.—Wheat la a purchase — ill recession*, a routine, to feel flrendty to long side end oat. on soft spots. rrorUUns week and lower on wrnknraa li tht hog market, and some Influential tari ng of January lard and riba. Be* no sup port aa yet from the longs. ATLANTA MARKETS. FRUITS AND PROOUCE. Chicago, III., Sept. 87.—Argentine continues a small shipper of grain when compared with the shipments of last year. Thla week they are estimated at 400,000 buahel* of wheat and M90,- 000 bushels of corn, The marital# her* all Cloapd rather quiet, with wheat 1-1 OS-tc higher. Corn waa 1-IOt-lc low er. Oata were l-8f}l-4c lower. Pro visions were 11-8071-Jc off. Cash sales were 11 loads wheat, g of corn and SO,000 bushels oats. At the seaboard they were 44,000 bushels wheat, 130,000 bushels corn and 158,000 bushela oata Duluth and Kansas City reported 90, 000 buehele caeh wheat taken. Sentiment on wheat was bullish at the close, and the outlook la for fur ther advance In price*. PRIMARY MOVEMENT. The following figures glre the primary movement of whenfsnd corn: , Whrat receipt, today 1,000,000 bushela ve. bushels laat year. Shipments today MMOO bushels, ra 7*5,000 huabels laat year. (oday 977.000 bushela, ra E'-OOO huaheta last year, shipments today 270,000 bushels, ra 1*6,000 bushels last year. Trlrat* Wire to filbert ft Clay. New York, Sept. 37.—Marshall, Spader ft t o.: "I^rudoti this morning nnu re cently has been Influenced by what some foreign critics call 'the extraordinary meth od" used by American tmnkrra In secur ing gold.' but today's raerkrt suggests n licttrr gpcltug oier Ihere. owl we are in- - i-.llntd to 1'Mik for support frias that <U- recnon, or. In ajjy .evmit, las# Utapoaltlon to seu. _ _ u ■ wm J Nmr York FVmncInl majority of Wall straat apcined to think yenlcrdby, the atoclc market ncte<I rnntnnk- pronely on account of the political altuatlnu. It ahould have a radical recovery today, ItocnuM Hearat, on a platform not his own and which repudiates hla moat vita! prf riplea of aocliillfun and municipal owni Lip, \s-1ll rn-ver ! d * I «* < 14*t 1. IN I.: f-,1 almost half of the winn Democracy against NORTHWEST CARS. Mlnnenpolla. week and Ujitytf r^ Today. Wheat Corn Oats., .r .. Hogs CHICAGO CAR LOTS. Today. Tomor. CHICAGO GRAIN MARKET. Chicago grain and prorlaloa quotations (or today follow: Opto. High. Low. Closadotr' Dec.... 79 Ton»-*« Sept.... 4) fc. SI OATS- Sf n% r n% 47% 47% 44 sa ^ 8 8-8 16.62H 16.10 16.60 19.17^ 12.22*4 11.90 UUHiaiiy UO.IVV..W m... 19.T LARD— Sept.. 2.97*4 Oct... 2.(8 Jan.... 7.77*4 SIDES— Sept Oct... 8.30 J %SB Wjftl No. 2 red 74’ 3 bard winter BP if* A 8™ 8.88 m light hog. mi„ . heerr 9M*«a7a; roach MJOffe.K; . ... tS.S0fl6.60; yorkera 14.60ft4.ft; good to cholee hrnry t6.60fM.70. Cajtle— Estimated receipt* M00. Market 9; good Mima Storm 93.3Sti6.30; poor to me- djmn S3.W«M0; Mockers and fnmlera 93.4*0 1.60; western 94 2 . 6.50: weatern 71 UmW $4.2587.60; western SOUTHERN EXCHANGE Oldest Established Office South. COTTON—STOCKS BONDS—BRAIN Ground Floor Gould Building. Dally market latter nnd market manual mailed on appllcetlon. m ?:8 t; m. nils, per lionch, D.I»OI.3w CAI.1FOBMA y«uiT—Fan«y stock; &iSmt*ltP^arHett P pe*rs, pec'Six. R# (Iroas plums, per erate, 93, r£a?e I g*»m5r4f , * l t?*U r^MliWfcWPSS: "fiv^cK I’rkln, 36e; puddle, SI«37He. Dressed hens, per IHJJOd. 13013c. liuf&r. > 5hl«! > ^r grand, 30*r%e; com 'fi'oSey/uew.' powd; la ooe-poaad r "‘ : 'hi r.TAiti.KB-Irl.h pota torn, X*. rikbege b (Vlrgl'n!a', l%c pound; Danlnb, "ijma twaan per pound, le; Xary, 83.19 per patent, K teat. 8< 90: fan Ot.M, 70r; No.’^I'mliow, #*r: mlxnd. Me, DATB—tholce white rilpmul, 4ic; choice kite, 97c; choice mixed, 4»e; Texe* rust- MKAL^lheln water-erannd. pM hoihat c; hotted, 14)-pound Jatre per —-■ ■ horts, white, nJM: mertlam, I .10; pure tiran. 31.10; mixed bt HAY—Ttmotny, rholce Urge ...... ..a., cholee email helee.D.10; On., go. 1 timothy li.les.Jira; No. 3, 11.00; do., So.l, ,-loerr mixed. 11.90; do.. No. : no ref mixed, 11.00. ”^«6e *n»* above prices are f. o. I». Attanta# and •abject to YoT^I&TO^M.fK T 'cJ>FFK?&-noaeted Arbnrkle’e 81110. bulk, In bege «. barrels. He; green, tOf; '"RICE—fn rollon 4%«7%e. arrordln# U grade. New crap will arrlre In two weeks * CIIEEBB-Fnncy roll cream detry, 16c; rln«. I4*ic. Market etroog. PKOVIBItiNB—Bnpreiae Kama 18e. Dora ham*. M%e. Callfotata hama, 0.00: Red Frau hasm llr. Iirjr salt extra rib*. Oil; Bnow'ljrift'compeuod, '7%c; Hi Cm# 7%e‘ L. J. ANDERSON & CO Bankers and Brokers, GOnON, STOCKS, GRAIN Comspoadsot's Capital $250,000 RCPCVtENCE, THE NEAL. BANK PHONE 1417. PltUOCNTIAL BLOC COTTON^fStm, ^RO^ISIO^sStO^KsPbONDS, Vs. 2 Wall SI., ujhHng, Atlanta, 0a. If* f#r| Coffee (idiilt. Chicago Board ff Trait. Btw Oilttaa Cotton Cscfangt. Chicaao Stock Itchaogo. Iherpool Cotton Anoclottoo. . Mow York Cotfeo lacbaogo. hltatt Wlrtt to Bow York. Bow Orlaaat, Chicago. 9. C. C0THKAH. Hat aitt. Ml Hoot 1262. Standard horn 3i % Compound Interest Is the rats your money will draw If deposited In the 8AVINGS DEPARTMENT of* CENTRAL BANK AND TRUST CORPORATION CAPITAL $500,000.00. CANDLER BLDG. STRONG, SAFE, CONSERVATIVE You are Invited to call and Inspect our quarters and inveatlgata our facilities to otrve you. A hearty welcome awaits you at this bank# A8A O. CANDLER# President W. H. PATTER80N, Vlce*Pre«. • A. P. COLES, Cashier. JOHN 8. OWENS, Vice-Prea. ' WM. D. OWENS# Asst. Cashier. TIPS FLASHED From Wall Street Frivatc Wire to Ware & Loland. New York. Sept. 77,-Londou firm *401*4 up. the latter ou Canadian l*nelflc. It la fen red that money flurrlea may he wltncaoed toward the week's end, and In view of extraordinary October dlaburae- meats aud rather of a bearish feature la the light demand for stocks In the loan crowd. Expect au Irregular market, but there very bullish talk on Southern Pacific and further declines 1n Coppers will tend to stimulate buying of the shores due to the great strength of copper motel. Think It best to confine operations with in a trading radius. Rumored from excellent authority that supreme court has sustained 10c fare Coney Island. Louisville and NaafcrWt \t breaklug bad ly on talk of floor uewt from the South hurting cotton crop, Dow-Joaes* summary: Americans in London firmer *iO*4c abow parity. Honk of England rate unchanged. It. Hearat nominated for governor of New York by Democrats. New York Central hna earned more thau 6 per cent on Its stock In first nine months or flacm year. Nashville, Chattanooga and St. Louis earning power Is equal to 33 per cent on Its tlve movement of cotton for’export in Oc tober. Light demand for stocks In loan crowd. New Haven surplus overcharges equal to 12.21 per cent on capital stock. Two roads for third .week of September show average gross !n« reasc of 14.15 pet cent. Further gold engagements expected, now int Immediate tear of advance In l— rate Is removed. Twelve Industrials advanced .14 per cent. Twenty active railroads declined .02 per If. as a Ml nuMM least, rcr tne large interests have renin nl* feared their oppoalttann to a bear market | rated their control of prices, lalntles bare been removed..a WIM^BH^market 1s not likely, but nn active profitable one, with the long side logically Is lb* deduction wo make. Other developments overnight do not appeal to us os vltsl factors, mi I side of the report that the Rank of England rate Is .un changed. which Is favorable. The funda mental situation continually Improves. We are in the midst of great and Increasing Ksii*%i^ , ?t. UD OTru o eftuntlnn ■Mins to u« to have been relegated to the r m • factor this fell. iPMicii mcir oji snd femonstra 1 Until uncertain broad bull inn stocks reviewed BY NEW YORK SUN New York, flept. 27.—'The Run says: Aa| jttebiaonT.* STOCKS AFFECTED Uf STORM NEWS * ________ New Orleans Was Reported Under Twelve Feet of Water. CARRIED PRICES DOWN Rumor Later Denied and’ Confidence Was Quick ly Restored.' New York,. Sept, 27.—Prices moved about feverishly in'the mornlngr’s mar ket, with no.aqttled trend'ln either di rection. The one fact that wns evi dent In the, very confused movement wap that mahip.ulatlon' was present to an unueual degree on both sides of the market A powerful party was at work -endeavoring'to drive stocks down; on the other hand, strong support was extended at all time*. These two con- I flirting forces were about evenly bal- I anced during the early hours of busi ness. The market opened at about last night's level, rose sharply for a time and then broke rapidly on a rumor that the city of New Orleans hod been prac tically destroyed by a tidal wave. This story waa promptly denied, and Louis ville, Atlantic Coast Line, Illinois Cen- ; tral and other of the Southern stocks, which had fallen violently on the first | report, recovered with equal sudden- i ness. Canadian Pacific on buying or- j ders, partly emanating from London, 1 made p new high record, and the spe- ; dels were better -maintained than usual. J&eceBt favorites, us the Copper, the Pacifies, Baltimore and Ohio and St. Paul, were rather notably heavy during the morning. New York. Sept. 27.-VTbe atork market ■ [>ene<l generally higher. First prices | showed gains vf 2 Id Anaconfin. lu \ rookljn Rapid Transit and Amalgu Jstsd I ■ I svlvnnla. Ilnltlmnr* and Ohio rhauged. Reading opened % higher and re- f ceded *4. Amalgamated also reacted U The stock market showed decided strength after the opening, with Head ing, Brooklyn Rapid Transit, Canadian Pacific and ltubber the most prominent features <>n a sharp upward movement. Where stocks hod Just about Joined in ' the rise when wild reports were clrcu- } lated on the floor of tbs exchange that < New Orleans was under 12 feet of j wat*r, selling orders poured Into the market In large rniume, carrying: prices ‘ down with m '*li from 2 to 2 points. A telegram ( New Orleans, stating* that bus1iuo> • going on as usual in that elty, qulrkJv restored confidence, . and the upward movement was re sumed. Government bonds unchanged. Rail road and other bonds lower. LONDON flTflCK MAWKET. * was the csss Tuesday, Influences of a politi cs! nature yesterday were those having greatest weight In the stock market It has all along been reckoned as certain by the financial community that at the election In this stilt* this fall tendencies of so avowed socialism trill make themaelvea prominent, bat previous to present week It Is by so means been thought probable that a csndl date representing a political prt tho kind described would *— - the nomination of one of political parties. Thla arm tuid not lndeL^ up to tbs clone of the security market today hern s matter of actual occurrence, but that It woujr virtual certali lltliMl propaganda «*f uld Ik* able to selzo of the two lending I.. affairs. The market waa nervous and feverish. No doubt this was due more than thing else to the quick seMHaHM . rk buying back again of ; Htnafler aori were sis } : out and •lent mat me innract wns atm unaer per- t control, and that whatever disquiet s caused by the new events had not re ted In any formidable degree of llquldn- evident that the market waa still under per feet control l and_thiifem^femMri|Hfffefl wan NltMHIH lion. Advances perhaps were moreMMM rnonly shown than declines nt the close of business, but the course of the market, taking the day ta s whole, could only he characterised as Irregular and uncertain. The firm seas of certain stocks—notably Kouthern Pacific—wns a conaplcuous fea ture of the day's business.—Olbert Sc Clay. Anacoudl..#.' Canadian Pacific." . . . . Chic., MU. and St. Paul.. Erie .. .. Illinois Contra!. . . . - - Louisville and Nashville. Reading Pennsylvania.. ..... Southern Pacific union Pacific.. 1 .. ». United Rtatea Steel. . do, preferred.... September. . • • October. . . • November. • • . Iiomubnr. • • • January March. ...... May Closed steady. COTTON <8EED OIL. Opening. Closing 266400 3->\®l4 31«*<fr31 % 31<.^lVs 34 f*34> 4 30 <3EWi 30 030*1 3)V4031 30«-,#9l PRICE CURRENT CROP REPORT. Cincinnati, Bept. 27.—Tlir Price Current ' says: Corn safe frqui front In principal dim Rtotss. Larger ceop than Innt year of good quality probable. Korly cutting for fodder ludleaWL' In- reased ofierlngs of grain probable when fall work ta com- . pletod. Pastures not ualformly good, and ralDH needesi in some sect loan to put ground In condition for sowing. Packing 336,0 against 345,000 n year ago. THE BUSar MARKET. New Y’ork. 8ept. 27.—Local refined and raw^sugar markets steady and ffnchnng»*d. 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. HUBBARD BROS & CO. COTTON MERCHANTS Allintt Offices, 219-221 Century Building. Members New York Cotton Exchsnge, New Or* leant Cotton Exchange, Liverpool Cotton Auso- ciallon, Chicago Bosrd of Trade, New York Cof fee Exchange, New York Produce Exchange. Buslnea# aoUcited for the above exchange*. Direct wire service. Correspondence Invited. Phones 454, Long Distance 39. A.S. Hustace, Mgr. Safe Deposit Boxes For rent in our oaulli 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 incite you to call and inspect them. Title Guarantee and Trust Co. r ATLANTA NATIONAL BANK ATt-ANTA. GA, C. E. CURRIER. Praxldant. A. B. THORNTON, Vlce-Presldant. H. T. INMAN, Vlce-Praalltant. GEO. R. DONOVAN, Cashfar JAMES S. FLOYD, Aaa’t Cashier. Capital $500,000.00 Surplus and Undivided Profits $500,000.60 We Solicit Your Patronage.