The Atlanta Georgian. (Atlanta, GA.) 1906-1907, September 28, 1906, Image 13

Below is the OCR text representation for this newspapers page.

1 THE ATLANTA GEORGIAN. FniDAY, septf-mrer n. u«. 13 Mississippi Is Believed to Have Been the Great est Sufferer. 300,000 BALES ARE LOST No Information From Other States—Reported Texas Crop Escaped. Sow York, Sept. 28.—At the openlur of the cotton market, trade wa» active and first price* were unchanged to 4 point* higher on better cable*, and assurance* that notices Issued for about 50.000 bale* would be stopped. The bear trader* nev- ertbetesa put out a lot of cotton in an ef fort to force a break. At the end of flf- teen minute*, prices were holding their own nr a I tout 2 point a under tbo opening range. ’ The wire* were working badly this'morn ing. and the speculative markets, espe cially cotton, are netlog aa though It 1* a guess as to whether prices should ad vance or decline, the majority apparently taking the short side of the guess. News Is very scarce ns to the dnmnge sustained by the crop from heavy rains and high wind; but the bears, working on the theory that “no news Is good news," received from sections lu which of a serious nature Is claimed by tue bulls. Following Is the range In the actlvo months In Liverpool today: Open. High. Low. Ocfoher-Xorember 5.09 5.10 5.06 January-February.., . .5.08 5.09 5.07 March-April . . . .5.12 5.13 5.11 Mnv-June 6.16V* 5.15* 5.14 The opening was unchanged to 4 points higher, despite the fact that Liverpool wag etightly better than expected, and reports early of enormoua damage to the crop In Mlmlaalppt alone, the loss estimated at 40u,- 000 bales, valued at 112,000,000. The bull element Is without a competent lender. If It has n leader of nuy kind. The good Liverpool, the severe storm nnd tne strength In the spot markets ire de cidedly — Its own • in a npi jr Is. not piayiai . .. dcnfly. or fUn‘t.mmna ironin cover a much wider range; lu tuei, AdHd-polut fidctna- tl<ma would be much more frequent t#oCd ways, and In such rapid succession that the "outsider” would soon be convinced that tny aid* was the wrong slut for him. The New York Commercial lu Ira re view of the market Thursday, snys: "The weather reports Info seemed to show that there liml not been much dam age done to the crop by the rnlna reported, and In spite of i.ot.vt support oy a brokers, the mnrket wns rather heavy dur ing the nfternoon. The public la still out of the market. There would be u much betfar outside business If It war* sot so ueor the time for the Wnshlngton condi tion guess. The public hat had Its ex perience, and la auspicious of Washington NEWS AND GOSSIP Of the Fleecy Staple Prtnrta Wire to Gibert A Cloy. ,„ N 'J.'.L\ 01 : k ' 2S-—M vr r|>o°[ ttt ,2:80 p. m, nos 2 to 2 higher. tins due imrhanaeil. Liverpool cable.: "Mnrk.t .uatalnw) tir REM? . ot nw \ r , w , onlh * '"Fluff to Houtu holillnit hImits .hipping parity. First Oetolier notion day today. Ball- tttotM on amount to ha tendered rnry great. F—frnm K.OOO to 40.000. Impression Is sen- er *» that tenders would bare small effect. Buyers reported looking for domestic cot ton goods with jobbers unable to meet the demand now coining forward. The market *\Jn firm position. Notices for about 10,000* bales are out m* Later It looked like 40,000 notices were • Edited by Joseph B. Lively MARKETS Mr. Lively’s twenty-flvo years* experience of ed iting markets In Atinota and the South baa made him a recognised au thority in bis specialty. TIPS FLASHED From Wall Street CO A U dlspn?rh r *to (llhert A Cisy from New ■ — ut Orleans snys nliout 50 per cent of the Cot ton crop is damaged by the storm of Thursday nnd Thursday ulght, but the Tex as crop was uninjured. Estimated receipt* tomorrow: New Orleans.. .. .. 8.1— - ..-m Galveston.. ..14,000 to 15,000 16,019 Houston" 16,300 to 17,300 14,906 The market at the close was very steady In tone, with price* net 2 points higher to t points lower. ' 8POT COTTON MARKET. Liverpool, spot cotton dull nnd steady middling uplands 6.6Gd; sale* 4,000; Amerl can 2,200; apeculntlon and Export 400; re ceipt* 'O.SSO, all American. Atlanta, quiet at 9%c. , New York, quiet at 9.70c; sales 525 con ■utuptlou; delivered on contract 2,600. New Orleans, firm ot 9V4c; sales 22 llrercd on contract, 1,000. Savannah, sternly at 9S-16c. 8t. Louis, steady at 9%c. Augusta, quiet at 9%c Galveston steady at 9 5-16c. Memphis, steady at 9 9-16c. Norfolk, firm nt SVfce. Charleston, steady at 9H<*. fnr. out. .The Journnl of Commerce aaya: ing the announcement of advances In aome Unea of bleached goods yesterday the mar ket responded with frequent rumors ot geu- h*al b. nr denlng in nearly all lines of mer chandise, W hue the volume of business has not jM*eu ns large In many Instances os it was up to this time Inst year this has been due more to the difficulty of getting good than to the character of the demand It. so far as merchants now see the situation they believe the demand la shaping Into un usual proportions nnd foresbadowiug a very large spring trade.” Private Wire to Wars’* Leland. New York, Kept. 28.—Liverpool opened A^o P ,"* rt a,,jr * MP on nw,r nn ^ 1 U P on late. At 12:15 p. m. 2up on near and !®1V4 up °h late and steady. Bales 4,000. Spots 6 up Futures were due to come un changed with exception of October, which was due to come 2 higher. Carpenter, Bnggott & Co. say: ”We have nnd three days of storm scare which has been largely confined to the gulf district, where little cotton Is rnlaed. We think thla la nltout the bullish weather card, and fa-' **or aalea on thla advance.” THURSDAY’S NEWS FAVORED ADVANCE New York, 8ept 28—'The Bun aaya: After a prolonged period of favorable condition the cotton belt Is now threatened with the opposite state of things. A West Indian storm has broken In the gulf ntid. It Is fear ed. may move up the Mississippi. Tho trepidation of bears wns very evident. Not that there wns nny truth In some of the lurid rumors that New Orleans had been visited by a tidal wave disaster almost equal to that of Unlvestnu some year* ngo. It would have to be a remarkable tidal wave Indeed to reach the Crescent City and do h*rm that waa done to the lending city of Texas. But som*» Interruption or tele graphic service seemed to give color for a time to sinister rumors, and It wna in the excitement natural to such a time that prices were forced up sharply on October and to o more moderate extant on other months. The weather bureau predicted rain, moreover, In the Mississippi valley, Geor gia, the Carolina* and Florida. In North Cnrollna nt least the September deteriora tion has been greater than the normal. Liverpool, too, wns higher, the-spot markets strong, nnd. although there Is un doubtedly some increase in the receipts at the ports nnd the Interior towns, the crop KAUB OB STOCK. Amalgamated Copper.. « Atlantic Coast Line. .. . American Sugar lief. .. . Anaconda. ....... • American Locomotive.. . do, preferred. . . . • melting Uef. . . Private Wire to Gibert A Clay. New York. Sept. 28.—We look for the stock mnrket to do better, but would only u — on recessions. le position of the market 1* such that _ _ _ _ _ today a forecast must be fnroruMe to “ RANGE OF NEW YORK STOCKS AND COTTON MARKETS wiling (tock, nil around the room. IVe.tern people .riling, presumable on tho political outlook. Now York, Sent. 28.—Tho Financial Bureau iys: A rally la likely on tho Shaw rollof tto holloro It will be wfxe not to noslocl reasonable long proflta ou It. Technical In dlcatlona point to n contlnnntlou of tho trading rnarkot temporarily. Next week wo think bettor market condition* will be .found. Tho shortage should ho li Innted by tho expected rally, T dnea profeMlonnl selling again on strong spots on tho theory of technical weakness. A great deal of the selling yesterday wna highly speculative nnd wns based on the theory tlmt no government relief would come. This lock of relief would of course have caused n atrlngencv today nnd until enrly next week. It should not now be wit-. nesniHl. Jinny stopdoss ordern belt)] aggravated the decline lu the late a Thursday, but excellent' buying t especially of the scale-down kind, be found when the daring shorts attempt to get haek stock todnv. Store gold Import* went to ho expected, nml there Is reason for heller ng they will be secured. Even further relief can l>o expected by mor poslta if necessary on the part' of f-™,., who can also redeem the bonds maturing next July. Private Wire to Waro A Inland. American Cotton Oil. . Amer. Car Foundry.,. Baltimore & Ohio. . .. Brooklyn Ilapld Tran.. Canadian 1-aclflc. . . . Chic. A Northtreatern.. Chesapeake A Ohio. . . Colorado Fuel & Iron,. Cep*r(|l brother r . “o. Preferred. . . . unic. A-ureat uait'a. CD c„ mi. * g,. i*. . . gj&rfisiivri Illinois Cantrnl Amer. Ice SecurittM... Loularllit A Nashville.. Mexican Central. .... Missouri Pacific NAME OF STOCK. N. V.. Ont. A Western Nnthnal Lend. . . . Northern Pacific. . New York Central, Norfolk & Western. Pennsylvania. . . . People's Or* Pressed Steel Car. do. preferred. . Pacific Mall. .... Beading 8W do. pn. United States do, preferred, . Southern Pacific. . Southern Railway, do. preferred, . SJoii-SkelTleld . . Tenn. Coni * Iron. Texas St Pacific. . . Union Pacific. . , . United States Steel. do. preferred, . Ve.-Car. ChemlcaL do. preferred, . Western Union. . . , Wnlmah . • do. preferred, . , Wisconsin Central. , preferred. , ■ Totel stoek sales today 1.439,900 shares/ NEW YORK. Tho following Is the range In cotton fn- nres In New York today: HOSTLER INDICTED BY THE GRIND JURY Special to The Georgian. Chattanooga, Tenn., Sept. 28.—The grand Jury haa indicted John Shamo- tulskl, manager of Lookout Inn, and his bartender, H. H. Harris, charge of felling liquor on Sunday. Mr. Hhamotulakl and Cnarlca Jung, of Cln>. cinnati, own the majority atock in the hostelry. The marriage of Montgomery Schuy ler, Jr., aocretary of legation and con- *ul general at Bucharest, to Mlaa Edith lawyer, daughter of the late Dr. W. P. Lawyer, of Waahtngton, took place on September 1. In purauance of Ita policy of mark ing the hfatorlc houaea of the city the corporation of Bath haa placed a me morial tablet to Henry Fielding and to his sister Sarah upon the wail of the house in which they once lived. The late Htnrlk Ibsen was once aak- ed his idea of Americans. "Well,' aaid Ibsen, smiling, "it la my idea that the average American baby, five or six months old, alts in his mother's lap and eyes his own cradle to see if he can’t invent a better one, or at least sug- teat aome improvement." 4 He—So you've been hunting up in the north of Michigan. There isn’t jnueh game there at this time of year, 1* there? She—Rather! I brought down an Elk. —Detroit Free Press. to In* accepted. Bears fonr further rnlns. a possible drop In the temperatures arid a possibility, too, of rather bullish monthly government reports next Tuesday ou the condition of the plnnt. If not the gin nlng. Hpot mnrket* were higher In spite of Increasing receipts.—Gibert A Clay. L. J. ANDERSON dL CO.'S DAILY COTTON LETTER New York, Kept. 28.—Liverpool, while stronger thnn due to meet our clone of resterdny. was not as enthusiastic aa the bulls nnd hoped for, hence our market did not open ns strong as expected. The bulls had expected the damage reports from the cotton belt on account of the storm to enable them to run the short* to cover In n hurry. But, Instead, the big shorts refused to become frightened nnd put out further Unea nt the higher level. They nrxue flint tho worst la over, nnd that the dnmnge has been overrated. The reports from the Mississippi valley, however. Indicate that considerable damage Ini storms seme to be upon us, and with „ bullish government report expected on Tuesday, we think It best to buy cdttoo ou all of the recessions. WEATHER ilfTwHEAT BELT. Extreme Northwest—Partly cloudy; *4 to 52 above. Northwest—Partly cloudy; 48 to M nboro. Weat nnd South west—Partly cloudy; 42 to 68 nbove: light frost nt Concord; general ralnh In Illinois: local rnlu* In town. Ohio Volley—Generally cloudy; 65 to 74 nbove; local rains. weathefTforecast. Georgia—Rnln Friday, Saturday fair; fresh to brisk northeast winds. Virginia and North t'arollnn—Italn Friday nml probably Hnturdny; fresh to biiiR southeast winds ou the coast. South Carolina—Rnln Friday; Batnrday fair; fresh to brisk northeast winds. 42aat Florida—Showers Friday; Hnturdny fair; fresh southeast winds. West Florida, Alabama, Mississippi— Showers followed by fair Friday; Hnturday fair; fresh northweat winds. I.oulslnna and Eastern Texas—Fair Friday and Saturday; freah northweat winds. Arkansas—Fair Friday; Saturday fair and warmer. Weat Texas—Fair and warmer Friday; Hnturdny fair. Tennessee. Kentucky and Weat Virginia— Rain Friday nnd Saturday. Illinois, Imllnnn. Michigan, Wisconsin and Minnesota—Rnln tonight; partly cloudy. Iown and Missouri—Un!n tonight; Satur day SepTT. Oct. . Nov. , Gee. . Jnn. . Feb. . March. May, tiosed steady. 8.49 9.59/ 9.59, 5 C mm 9.02-03 9.14-11 9.22-28 9.29-80 9.86-38 9.45-46 9.63-64 a mm 9.02-03 9.12-14 9.28-24 9.30-31 9.87-39 9.41-47 9.66-57 NOTES ON GRAIN Pointers on Provisions. Private Wire to Ware St Leland. Chicago, Sept. 28.—Strength In the wheat ir QTer hull* control of market, and are favored by the developments from day to day. Chicago inter Ocean: Duluth li the seaboard and for direct" xhtpm.ut, (Joo4 wilts ot No. 1 hard sad No. 1 nortli- w.r« made re*ter<l«j% Tfcere tv,. of nortbweiUrn traders, bar, sueu _ ... . light,- and bare swung clear around, niul now bead the hulls. A messaga from thorn that wns well distributed among the trade: "Regardless of nearby ductus- tlous. It looks aa though the lerel for contract grade* I* going to b« hearer >0e than S0e. m . „ tloaslp In nata la that the Wells lines, or, at least, the greater uart of It. has boon unloaded on the odvance. Wells however, continues to fake rssh <wt» on .. ■-— -- tboj ire delivered, £ rooter part of tbs Ich are credited to '. Originally 0.000 bushels, Ul I, U*S I —II .r.uunnj vuw Jowa. Cash business In wheat lu nil min on* In Chicago yesterday waa 1M.000 bushel*, Including 90,600 buahela of winter and *0.. 000 buahela of aprlng. Sale* of corn were 2J6.000 bushels, and of oott J63.0IM bushels. Duluth dill a good export husinoai. but withhold Itl dgures. At the! »*»bo*ril. ox port rate* of whsat wore MOJO! bashol* corn 50,000 bnahol, and oat* 50,(M0 bush- 'c'hsrter* ware made here for T5.0CO >™*b; el* of wheat. Grain load* wore hjrd to gel and the rat* on wheat waa no] light ran of hog* _ mid be recoV.njF good rw-oipta," caul a pceker "In tM avmtu.r, when receipt* o* bags were erpcnwl tu n light, farmer* seemed to b* Jmpresaed r Dh the selling Idea a* aoon a* theniirkotlic- gin tc break, and they marSetrd the r hogs freely In the summer. Now w* ar* *■ g a fight run tn ron,«ju,nc# LIVERPOOL. Tb* following figure* give lb* opening rang* nnd clou, compared with yesterday’s clos*. Futures opened quiet and steady. Opening, Previous Range, Clou. Clou. September 5.J7 -S.» 5.27 Sept.-Oct 5.14!i-».MH 6.14 5.1S Oct.-Nov. . . . .5.00 -5.0S 5.07H 6.1*' Nov. Dec 6.04 -6.00 6.06 5.04' Dec.-Jnn 5.00H-6.07H 5.0, 6.06! Jan.-Feb 6.M -6.0* 6.0754 5.0T Feb.-March 6.(0 -5.1014 6.0914 5.0# Jlnrch-Aprll 8.12 -6.1S 6.11H 5.11 « : : : :lai!L tilvo A rlnaefi barely sternly. On yesterday, reporte«l. f ‘\Y« having PrH-nte Wire to Gibert & Cloy. c hlenao, Bapt. 28.—Local trailcra aeem to he loaded with wheat nnd having hard work :ct It up, ou nny sign of weskneu they Georgia 4Ha M15.. .. „ Georgln, R. R. 6s, 1910 1« Hariiinnb Ss. 1909 103R Macons 6s, 1IM0 ..100 Atlanta. 5s. 1911.. }06 Atlanta, 454s, 1922 107 Atlanta 4s, 1934.. .. .... lg Atlanta and West Point. . . .116 Atlanta and West Point Debts..107 Csntrsl Railway of Georgia 1st do. income do. 2d Income ... do. 1)1 Income Augusta’ aad’KavaBBajr. .115 Bouthwvatsrn JM Georgia Pacldc lats UO ,, C. and A. lata.. ..Ill \isi LIVE 8TOCK MARKET. Icsgo, Sent. 28.—lions—Estimated re ceipts today 16.000. Mnrket .strong to Shade lllf 104; bulk rev. ll.flt*'; 8».)0©6.«I4; heavy |6.( _ iS ^chofee 1 * “ , fettle—K-'lmsted receipt* 4,Mfl. Markst stendr; >i"*llty fair: beeves »«6e6.9); cows heffers i2.40fl^25: cslvcs ».5Op »: good prime steers I5.254J6.90; poor to medluin »9006.20; stockers and feeders 62.40 04.50. strong; ouallty good: native M.10«5.50; western 23.Mfi5.4l; yeeDIng. 25.4036; l»mhs 24.25fi7.60; western 24.26fii.60. GIBERT & CLAY • TOCK*. BONOJ, 69 K* ALABAMA «T. COTTON ± AIJ< COFFEE. PBOViatONt MEMBEP, ATLANTA. OA. Board of Trade. I Cotton Aaaoclal Galveston Cotton Exchange MMM «acsstB«a »■ f. vl * VVllOH bXCOIU|e.|4lVn Zj “ rpee, York Coffea Exchange.!New Orleans Board ot Tra< Lot., and Lens D.aUne.^pffo'nT^ n. FAGAN, M.n. 0 .tv ALONZO RICHARDSON & CO. PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone, Main 858. ATLANTA. GEORGIA. to Ki Dooka' llke wheat was getting ready to break. Advlu taking proflf* ou Tong wheat, nnd If on* baa any nerve Mil It abort, llether sail December tMn May. A irri»at deal of lonjr wheat haa l»een cqm* Ing out thla morals* bulb herr and at Minneapolis. There h** bean aome com- ndnilon house selling, thought to be scalping operatloua by Hhenraon, Hammll ATLANTA MARKETS. FRUITS AND PRODUCE. Officially correcteu by Atlanta Frul. and Produce Exchange. Lemons, 97.50. Limes. 600760., S«2ffiS*'^t«jSS|0*r,bnncb. 2l.M01.7S. ^cai./fornia '» *U‘%r?' ,a & w ,toekl Groaa plum*, per crate, « Columbian prunes, per crate, » Rou Peru grapes, per crate, 22.0O. Blue JJalvolse grapes, per crate, 22.09. __ er *)’resud fees, Ufi20c pound. «k h r5^n r .^r».w. BSur.ls’blt'^Mo'ud. 20C2244C-. cook ^nesL JfitS pound: In oekponnd potatoes, Sbbe^ TvW)r«U pound; raulsh ‘fe'ma beans per pound. 6c; Navy, 22.10 per bushel. . . , Onions, per bnsbel, lip. . New sw«t potatoes. 60c bulheL Kraut, H-barrel, 23.71 PLOUR. GRAIN. PROVI8ION& KI/ll’R—Posters patent. 26.M; Diamond natent. 26.26; Mascontah ^8tar, 24.70: fancy natent. 24 60; Red Eagle. 24.16; Blue ulbtmn, Kio- fancy, 2190; spring wheat pataot, 26.S e rORX-Cholc* rad cob. 7!e; No. 2 white, Kgher Minneapolis Club, Better Buying, Liv- pool’s Response. \ Chicago, Eept. 28.—Closing niflcea for tha day ahowad wheat l-4fiil-ic lower; corn l-8@lc lower to l-S@l-4c up; oata 1-lc up to l-4c off: provisions unsettled and mainly higher. Profit taking waa kept up In wheat during the antlre session. One or two big people started the selling and there were many small traders to trail on before the close. Corn, oa>a and pro visions qloaed rather tame. Weekly clearances were 4,176,000 buahela wheat and 466,000 buahela corn compared with 3,065,000 and 1,133,000 buehela, respectively, a year ago. Cath salt* here 34,000 bushels wheat, 130,000 buahela corn and 43,000 buahela oats. The seaboard reported 6 loads wheat. 3 loads corn and 100,000 bushels oats. Primary receipts wheat were 1,334,- 000 buahela ami corn 646,000 buahela compared with 1,364,000 and 420,000 buahela, respectively, a year ago. tghela, 2,. CHICAGO GRAIN MARKET. for h todej &* Dd proy ' ,!on Oiotatlona Previous High. 1 3* m OK SB Lqw- Close. Close. 8414 IVHEAT^"' Bept.... “ !)»w May..... a LOUS- Sffi:::: JIB S ?cpt 1414 81' .IORK— Sept... 18.60 J7.00 16.60 17.00 16 10 Ji LARI>i 22 * 1,83 13,22 ^ 1*.80 13 :§V4 Sept... 9.85 Oct.... - Jan BIDES— Kept... 8.80 •— -t a i a i:ik W» i:gu i-8ta ijo 7 <8214 7.77H 7.1314 Tins 8.76 i-tf 8.86 CHICAGO CAR LOT8. New York, Bept. 23.—l^ndou atroag. 44fi IV »f. Anaconda rising 4 point* on N'ew dork buylug. duo to Secretary Shaw de- noiltlng 291.000,000 In national ! throughout the country. A wild opening can be looked for, a* aborts will rush to cor or, but wherever stiff advance* appear, think It adVlaatdc to toll out ISng atocka with n view of re placing them lower down. It la quite ap parent that certain wealthy lutereata have been steadily liquidating, and there are good reasons to believe that advantage will he taken of alt upturns for Ita con tlnuance. Dow-Jones U Co.'a summary; American In London booming H4T1 Vc above parity. Wc'T.tary Show will deposit 226.000.000 with banka, of which New York and Chi engo will get 23,000,000 each. There Is little chnneo left of avoldln terveution In Cuba, and troopa may '"Fourteen per cent of the etate Democrat- heard from so far will oppose Ic papers >,000, and fourth quarter ..AHWiWV *— the year *166.000,000. DnrlOf October, 1457 mJtceJslneous com panics, not Including banking and trust companies will dlshurae Ml,140,521 In div idends. and total disbursements will exceed 2110.000.000. ^ Light demand for stocks In loan crowd. Boston revive* rumors of dividend on Brooklyn Rapid Transit. Twenty-nine roads for the third week In Septwber show an arerage «>oes Increase of 13.99 per cent. Gold engagement* against depoalt* now total 396,703,000, ot which 318,260 la still to arrive. St. l’anl stockholder* at the annual lug September 29 ore expected to conal plan to double the capital 500.000 te 8188.000,000. Twelve Industrial* declined ,06 per cent. THE CUQAR MARKET. New York, Sept. 28 Local refined nnd C w sugar markets steady and unchanged. mdon licet market .lenity; September ft ldttd: October 8* 8Jid. Wheat..,. Cora Oata Hoga.. ,. feme ..16,000 18,000 LIVERPOOL GRAIN MARKET. Wheat-Opened Uc higher; at 1:80 p. m., tn°4* U |r her ®* 1,or: cl<,,wl »ochaiig*3 Corn—Opened unchanged: at 1:80 p. m,. unchanged, and cloaed unchanged. v THE PRIMARY MOVEMENT. The following figures giro the primary movement of wheat and corn today: 14Xite t r fl r*? ,p ! i J****’ 000 bushel*, against 1,264.000 buahela Iflnt^jrenr:^shipments 553,f iif. 1 Hoi «y. new, ™vE6isteLES—Wan atock. per boraeL .2106. 70c; No. 2 yellow, 68c; mixed, Me. OATS—Choice white clipped,, white. 47c; choice mixed, 42c; 1 ME'AL^’Plaln water-gnraod. per h°*J*1 c; bolted. 140-noiind jntee pcr 'ra«hel. «c; hofta. white, 21.20: medium. 3L40; brown. timothy I cloevr ml 31.00: choice Bermuda, 76c. ItYE—Georgia, 61.10; Tonneaaee, »0c. B '’’ftie’^'bov, prtco* are f. o. It. Atlanta. G ROC E RIES, a, yv > M -JDdinl I York refined. 4fcc; pi V< Ci)FFElf—Roeated Arbnckla’a 31460, hulk, la hags ox barrel*. Oc; green, 100 lJ BICE-Carolina OA477J4C. accordlag ta rade. New crop win arrlva In two weeks. CHEESE—Fancy fall cream dairy, 15c; twine, 14»;c. Market strong. rR^VISIONS—Supreme Same, 15c Dove ham*. 1544c. California ham*. 2..00; R«l Cross hams, 15c. Vri salt extra rib*, $9-15; lb*.. **040: tat backs, fe; platra. Br; Hunrame lard, 810.J2H; Bed Cross. Mr. Bcow Drift compound. THci Bed Cross- . T. IIOLLEMAN, President. F. J. PAXO.V. VIe**-FresldenL W. L. KEMP. Treasurer. J. W. ANDREWS, Secretary. UNION SAVINGS BANK Four Per Cent Inter est Paid on Deposits ASSETS $150,000.00 One dollar at.rt. an account. Hour.: 9 n. m. to 6 p. m. Sat urday. till 9 o'clock at night. DIRECTORS I TITOS. J. rEEr7.ES, W. B. BTOVAI.L, F. J. FAXON, j _ ifoLLEMAN liiiKliels, agalnat 400.0M last year, Com—Recrlpta 648,803 huahcU 420,000 bushels last year; shipment* bushels, agalnat 641,500 bushels last N0RTHWE8T CARS, again' I 457,0< year. The following figure*^giro the northweet :ars of today, last week and last year: Last Lilt Minneapolis. Duluth. . . . . . , T &° 7 ' 486 In recognition of tho fact that the youngest of the Hohenzollems, son of the crown prince and crown princes, waa born on the Fourth of July the Ameri can colony In Berlin will present to him a sliver cup amblaxoned with the Star* and Stripe* and tha American eagle. SOUTHERN EXCHANGE Oldest Established Office South. conoa STOCKS BONDS—WAIN Ground Floor Oauld Building. Dally market letter nnd market manual mailed on application. L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Corraspondent’s Capital $250,000 reference:, the nkal bank PHONCH»T. PRUDENTIAL BLOC I mw *1 aer s •tock from M3, Twalv* industrial* declined .05 per cent. Twenty active railroads declined .44 per cent. SHUSTER IS CHOSEN FOR PHILIPPINES Washington. Sept 21.—W. Morgan Bhuatcr has been appointed by 1’realdent Roosevelt a member of tbe Thlllpploc commlsalon to fill one of tbc vacancies caused by the resignation ot Governor General Wrlgbt and Governor General Ide. HE LEFT HIS VALET INTEREST IN ESTATE New York. Bept. i>.—County Judge Frederick E. Crane, of Brooklyn, hand ed down a decision today admitting to probate the will of Dr. Frank J. Free!, who died on March 9, T906, at Stony Creek. Conn. Dr. Freal left hla entire Interest In a 6600,000 tru«t fund to hla valet, Colbert. CHRISTIAN ORPHANS INCLUDED IN WORK Saturday having been aet aside aa work day for the orphan*,” and tha call being algntd by tha agents of tho denominational churches, the Christian church orphanage waa omitted by mls- takF. They are conducting an orphan, age at Baldwin. Qa., especially among the mountain whites, under the able management of William B. Shaw, and all Chrtatlan churchea and Sunday .choola of Ih. brotherhood are asked to remember the work of tbe "Help ing Hand.” Philip Henry Wynne, for several f 'eara connected with a Boston firm aa nventor and daalgnsr of electrical and other scientific apparatus, has been ap pointed professor of physics at tn* university of Texas. STOCKS STARTED STBONGJN TONE Due to Covering by Shorts and Speculative Pur chasers. GAINS ARE LATER LOST Number of Stocks in First Hour Sustained Material Net Declines. New York. Bept. 28.-The wonknes* which rrappanrod very xanerally In this mornlmr'* market had, It was evident again, very lit tle refertnc* to the day’* outside new*. Un der ordinary circumstance* the announce ment of the tre*»ury relief plan would have caused a decided turn for the better. The sum deposited with th* hank*, to be sure, wa* rather lest thnn expected, and the question wa* raised whether, distributed over the country*In small amount*, the $26,* 000.000 would really give much relief. lint ‘ie important thin* was that the secretarr tu of t Em resdlnes* lo aid the money market strain, and the natural Inference wa* that If the present measures should not prove ef fective he would follow them with further additions to the government deposit fund until the stringency wns finally relaxed aw would deposit gov ernment fund* was reflected in a decid edly strong market nt the opening. Price* showed advances *11 along the line, rang- ng from VHJlHe, the latter In Canadian j Pacific. There was an urgent demand for; stocks by tbe shorta, and tho leading spec- l ulatlve Issues rose abruptly. L # Prices on the exchnngo .opened up sharp-' y and hold strong for tho first hour’s trad-* ug. But largo blocks of stock were prompt- y offered at the higher figures, nnd a pres- sure wxi applied from hoars, the market; crumbling away. Before, midday the lead ing Issues were r - * *' * After a strong and some speciik , iracea ranging from H*to over 2 points Tho demand from all sonrees wns quickly supplied, however, and offera of stock con- " uod to he made in such volume that the fly gains worn lost before the end of the first hour and a number of stocks In d sustained material net declines. Central was under presstiro nnd j heavy selling of Amalgamated, Union Pacific. Southern Pacific and Pennsyl vania. Tho declines of 7hese stocks bad an unfavorable effect on the trading all around the room and more than offset the effect of the treasury nctlhft. Governments un changed; other bonds steady. THE LONDON 8TOCK MARKET, 8T0CK8- Anaconda 'Atchison........ .. .. .. .. Canadian rsclflc.. .. .. .. Chic., Mil. and St Paul. . 5rls. . - WAlfaArfvlii..V .ending •• .) .'ennaylvonla • * • Southern Pacific.. •• ,* •• Union Pacific.. .. .... United Htntes Steel. . .. do. preferred. . . $ 143U i«”|l474l'I47 l41ttl41*14M . 11064' iOdyiwS STOCKS REVIEWED BY NEW YORK SUN' ,_____ . nV liars 226.000.Cfo) in all fn various national jank depositories scattered throughout the country, tho money being so distributed, ob viously, as to relieve froin the great Eastern financial centers tho drain that they are now suffering from the movement of money Westward for the movement of crops. The movement of the stock market during the day was of course token without reference to this action of the secretary, nnd Indeed no premonitory hint of the treasury's dis bursement was beard In the financial dis trict. Speculative sentiment during the day u.;s onro more In a confused nnd uncertain state nnd culminated In tbe last hour of the session in a sharp drive nt the market that carried price* down with some violence. No doubt the heaviness and general eng* ng tendency displayed by the market dur- ng the Inst ten uaya has resulted, :ho case yesterday. In cnuslng ston-ioss or ders placed for tho sale of stocks to be Into execution. A fntr qsuntlty of ly held stock Iins. in other words, been thrown upon the market, yet It seemed very clear that yesterday’s decline wna chiefly duo nevertheless to a bear attack. The buying during this decllnn was of tho best character, ana no small amount of mis cellaneous commission house support waa extended to the market based upon ohaerva- tlons of the extent of the fall In quotations for Important atocka since the first of tbe month.—Gibert & Cloy. WM. L. PEEL, President ROBERT F. MADDOX, Tice President. JA8. P. WINDSOR, Assistant Cashier. MADDOX-R UCKER 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. Mew Meet. M,w erltiu. CMag* COTTON^&fjA^?, ^RO^ISKbhfS.SrO^KS^BONDS, No* 3 Well Sle, ftfars BsllSIsg, A Haifa, Os. CbUsgo iosrS sf TrsSs. Ckltsao Sfctk Ex Ml fsra "*‘ — Urtrsool Csttss Ausilstlss. Mtw ftrk Cotits Ixthtsg*. hints Wires to Mew York, Hew Orlesss, Cktesgo. 9. C. COT HR AH, Ntstgtf. IcI/ Those 1262. Slsadird fko 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 Modem Conveniences You should not be without one. We invite \ you to call and inspect them. Title Guarantee and Trust Co. Frank ITawkias, President B. M. Atkinson, ▼. P. Thomas C. Erwin. Asst Cssh’.e Jos**; h A M< ‘’ord, Cashier. It. W. Byers, Ass?. Cashier. Third National Bank Capital Surplus $200,000.00. $300,000.00. -tlltr :i DUMMk| John W. Groat il. Y. McCord. DIRECTORS: Frank Ilawkins. II. M. Atkinson. Joseph A. McCord.