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I
fBEARS IN COTTON
THE ATLANTA GEORGIAN.
Covered Actively on News
of Serious Nature From
the Crops.
TROPE HEAVY BUYER
Excitement Was Great at
the Opening, Prices Scor
ing Sharp Advance.
York, Sept 29.—The storm In the
>onth lias nt last lieen tsken seriously by
iiM* entton trade. There was Immeasurable
evitenient at the opening, prices scoring a
sharp advance, Jed by the near months, of
which Europe was n large buyer. Shorts
w^re active purchasers.
There was excitement In the cotton rnnr-
l-the opening this morning in Now
exchange.
shorts have been mildly nervous for
three days past. This morning their
sum** reached the acute stage, and
vns nn old-time utnmpede among this
or cotton traders, who have been
ne up their Hues on the theory that
leld of cotton was certain to be of
<»'is proportions, and that prices could
eed much lower. They were confident
ir position ami on yesterday claimed
shown
This
Liverpool mnrket allowed that the English
spinner, in order to be on the safe side,
entered the market and bought futures on a
liberal scale, thus preventing n response to
the easiness in the American markets, that
market opening at tout 2 points up when a
rle.-iine of a jfke amount hod been looked
for. Trading was move active for the usual
Saturday short session.
Following is the range In the active
months In Liverpool today:
* '* Open. High. Low.
October-November 5.09 5.l5Vk 5.08
1‘ecember-Jnnuary 6.07 6.08*£ 5.06V4
Jantiary-February... . . .6.08 6.10 5.08
** VAprit...- 6.13 5.14 5.114
— 6.164 5.17 6.15
es were light, being estimated nt
at nn advance of 2 points mnk-
Ljllng.
|ns early advices were concerned.
Liverpool to respond to the
NEWS AND GOSSIP
Of tbe Fleecy Staple.
Private WlreAo Ware A Inland.
Vun* Vn.lf .to * I.
up at 6. _...
come W2 down.
Carpenter, Baggott A Co. aay: “The de-
S aud la greater than the supply. With a
iht Into sight movement and arrival at
I>orts, we v will see the market hold fairly
Steady, but If, as we confidently believe, the
movement Increases at It uow promises, the
yield will far exceed the demand. We there
fore think prices will sell much lower during
the rush movement, which should lust for
the next aTxty day*,"
Following is the statistical position of
cotton j)u Friday. September .2s. as made
up by Ihe New York Fluunctal Cbroui-
no: ^
Edited by
Joseph B. Lively
MARKETS
Mr. Lively's twenty-five
years* experience of ed
iting markets in Atlanta
and the South has made
him a recognised au
thority la bit specialty.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
and on that prices opened
■ion ndvnncod It dawned on
j the storm now*. If not quite
reported, was enough to con
hy were on the wrong able of
■ml for the two bourn nerndon,
rices on themselves, while Ku-
.South wore heavy buyers. Ah
lit It \vt\* the most exciting session
long while, I'pormons block* of cotton
Ing hands nt constantly ndvnuclng
It Is daisied there Is stilt a large short
Interest ni.r-fandlnr, and that their corer
ing will iorce prb-ita still higher.
The snot demand Is good with tht? best
frades lining s.iiipped up at prices above
punished quotations.
At the rinse the market for options was
*firm with prices net 24 to 29 points higher.
In New Orleans closing prices were 22 to
g flOMfSrhigher, as compared with yester-
stlmntrd receipts Monday:
blew Orleans.
•Ualveatoo... .
Houston., .
1906.
. 7,6ft) to 9,000 2.270
..20.000 to 23.000 *>,06?
16,0-00 to 17,000 17.068
SPOT COTTON MARKET.
Liverpool, spot cotton Jtntt and steady;
ntbMIfm; uplands S.flfcl: lilies 3.000; Atner-
lean 2.8*4; speculatbm and export 300; re
ceipt s iiouc. s'
'Atlanta, steady nt 94c.
New York, quiet nt 9.90o.
New Orleans, firm at 99*e.
Augusta, steady nt 9Hc.
Savannah, sternly at 9U<>.
8t. Louis, steady at 9$i<\
TODAY’S PORTT^RECEIPTS.
Tbe following .table shows recelj
portk today, compared with the
lMt year;
This Last Last
... Week. Week. Year.
Visible supply 1,970.746 l.dM.365 2.92s,939
American 1,197.746 1.G01.365 2.134.939
In sight 966.7U6 597.229 1,246.910
For week 369,476 269.3)3 382.683
Fort receipts. . . 275.149 186.846 290,586
Stocks 436.935 317.690 666,965
Exports 157,784 92.594 857,046
Int. receipt*. ... 184.188 145.943 209.293
lilt, shipments. . . 152,791 124,512 167,4133
Int. stocks 173,861 142,464 250,461
New Orleans, Rept. 29.—The visible of
American at 1,194,000 shows week’s increase
to be 189.000. against Increase of 1S7.000.
Other kinds decrease 19,000. * ' *'
of 5,000; mill takings 169,(
Italns In North Carolina South Carolina
mid Georgia; generally fair elsewhere, to
day. Generally fair all over belt tomor
row.
Private Wire to Glhert A Clay.
New York. Sent. 29.—Liverpool closed
nlmut 2 potuts higher. Whs expec
lower.
Shorts^ covering, and very little cotton for
sale, caused the advance.
Wilson bidding 9.20c for 5,000 October.
Mr. l'rlee Is quoted as saying no notices
were stopped for him.
The Chroulcle weather nummary unfavor
able; complains of heavy precipitation,
damage to crop and delayed picking and
marketing.
.lng
the anxiety of buyers for goods that are
delayed In delivery. In many instances, the
large western buyers who have been In
the market recently have beeu adding to
their engagements of goods, even though
Xhev now nave orders pending on which
deliveries are from thirty to forty-five days
behind hand.
COTTON MOVEMENT
DURING PAST WEEK
Following Is the statement of the move
ment of cotton Into sight up to and liiclud
Ing Friday, September 28. complied by
lutendeut King of the New York Co
hange;
Movtmant.
Cotton
Weekly 1
1 1906. 1 1906,
1 'ort receipts I'dfr ,560;293.723
Overland to mills and Canada.. J.903 5.4*7
•Southern mill tnklngs 4 000
(lulu of stock at interior towns. I 2M97|
Brought Into sight for week.... 1358.660!377.105
Total Crop Movement.
1906.
Port receipts 676,336) 922,693
overland to mills and Canada. 18.1237) 18,007
•Southern mill taking* 167.U00J 157,000
Stock at Interior towns In ex
cess of Sept. 1
Brought Into sight thus fnr...j928.974)l. 197.853
New Orleans.
Galveston. . .
Mobile.- . . > ,
KtvAflfcsh. . . .
Charleston. . .
Wilmington. .
Norfolk. . . .
l’ensgcoln. . .
Jacksonville. .
3401
14866
1758
INTERIOR MOVEMENT.
The following tab»c shows receipts nt the
Invrlor towns today, compared with the
Sinn dqy last year:
,iiplds.
r-Louls. .
.•lunatl.
1\f»l. |
,813.494
this tlie total of Amer-
against 1.004.702 Inst
WORLD’S Y rsIBLE
SUPPLY STATEMENT
•tnnr He.ter’e ttatrmvat of worlilii
f supply of cotton for tho wojlt ended
kny shows nn Inermu- for the wool.
iwmI of 1*0,526. agnln.t nn Im-renee of
tn.t your, uml nn Increase of HIMoST
Wore last. „
totni rl.tbl# I. 1.000.K7, ngntn»t L7SA-
■ok, ZJM.074 lest war
;,474 Ust y**i
K&WfflkW.-. nnntnnt
l.«t week, 796.500 In.t year mill 620,000
I TntJf woriir. viable .apply of rotten.
ntKiv*. .bow, nn lurr-nne compared with
In.t week of t70;525. compared with In.t y«:r
[of- IiK'imltw 972.217 end on lm'reo»u com-
iiitr-a with year before lost <;/ 152,733.
tlf the world'. visible nnpldr of rotton. na
nliove. there Is now nfiont ami held In Great
1 Britain and continental Kurm** 866.000 bales,
nr and 589.000 year before last.
ACTUAL STAPLE
IN GOOD DEMAND
New York, Sent. 29.—The Sun *nys: The
market grappled with notice* amounting to
60,000 In a fashion that surprised n good
many, and under the circumstances prices
acted very well. Liverpool, New Eugluud
and Wnll street speculative Interests arc
supposed to have stopped ntosUof the no
tices, sir that they nnd much less effect
than might Imre been expected. Few were
looking for tho delivery of any such large
quantity of cotton, but the fact that It was
promptly taken care of seemed to Indicate
plainly enough a healthy demand for the
actual staple, which, by the way. Is rela
tively a good deal cheaper In New York
than It Is nt the South. Heavy rains oc-
•urred In parts of the Mississippi valley
md nlsrt In Georgia. The spot markets
apprehension
to be Issued
, _ _ ... more bullish
. haracter as'regards l»oth the condition iif
the plant and the amount of cotton ginned
tbnu has heretofore seemed probable. The
storm In the Mississippi valley is diminish
ing. The Impression of nine-tenths of the
trade Is that no great harm has been done,
and that If frost occurs nt about the usual
date the yield "'111 be n large one. Under
the circumstances the fluetimtlons simmered
down to tlielr old narrow limit. But does
the stopping of the notices so promptly
mean I bat the bulk of the stock here has
••banged hands? If so, this might pave the
way for a better market growing out of
tbe* admittedlv good demand for the uetual
cotton, however ludlffrrcnt the public nmy
Do to the cottou speculation.—Glbert A
Clay.
inite ki format Ion
* obtained, but enough
lief that the crop bail been Injured to some
material extent, while Arkansas advised
that the gulf storm was then central over
that state. Mobile and l'ensneoln remained
silent because all practical lines of commu
nication were closed. Clour sklea now will
probably restore general eonfidence quickly
enough, for In the absence of sweeping dis
aster the world will not easily abandon tbe
big crop beliefs. Meanwhile the delayed
movement merely enables the actual stqfr
to hold Its own. fresh demand being lim
ited.—Ware A Lelaml.
op per..
Atlantic Const Line. ..
American Sugar itef.
Anaconda.
American Locomotive..
do, preferred. . . .
Amer. btueltlug lief. .
do, preferred. . . .
Atchison. ........
. do. preferred. . . .
American Cotton 011. .
Amer. Car Foundry. ..
Baltimore Sc Ohio. . ..
Brooklyn Rapid Tran..*
Canadian Pacific. . . .
Lhtc. & Northwestern..
Chesapeake A Ohio. . .
Colorado Fuel & Iron.. ,
Central Leather
do, preferred.
Louisville Sc 1
Mexican Central..
Missouri Pacific. .
Norfolk A Western. . .
Pennsylvania
People's Gat
Pressed Steel Car. . .
do. preferred. . . .
Pacific Mall .
Reading
Republic Steel. ....
Rock Island
do. preferred. . . . ,
United States Rubber,
do. preferred. . . . ,
Southern Pacific
Southern Railway. . . .
do. preferred
SloM-Sheffleld. . . . . .
Tenn. Coal Sc Iron. . . .
Texas A Pacific. . . .
Union Pacific
United States Steel. . .
do. preferred.
-Car. Cb
do. prtfi
Western Union.
Wabash
do. preferred.
NEW YORK.
The following Is the range la cotton fa-
tures In New York today:
Oct. . .
Noy. . .
1>pc. . .
Jan. . .
Feb. . .
March. .
May.. .
Closed firm.
I
c
9.26-28
9.39-41
9.51-52
9.56-68
OP3
9.14-15
9.22-23
9.29-30
9.36-38
9.45-46
9.63 54
LIVERPOOL.
, "i lo T ln * * lr *“ **>« op,nlo»
rjoi. and clo.e, compared with jr.iterday.
Future, opened .tend,.
Opening Prerlau.
_ . , Hange. Clo.e. close.
September 5,32 6.22 ft. 23%
NeD-Oot 5.16-4.5.17 tin
..6.00 -5.10 6.10
..5.06 -6.07 6.07
..6.07 *5.08 5.08
.6.08 -6.08H 6.09
her.-Jan.. ..
Jen.-Fell. . .
Feb.-March.
Mnreh-Aprll..
..6.06 -6,0964 6.09% 6.07)4
•6.1t -6.m{ 5.1144 6.09)4
..6,18 -S.lStf 6.1l3 6.11#
Kffif*. V
Butter, table,
ng, per pound,
ilouoy jjiew.
pound; In one-pooni
potatoes. No. **
ATLANTA MARKETS.
FRUITS AND PRODUCE.
Officially correctcu by Atlanta Froli and
produce Exchange.
Lemons, 87.50.
Limes. W075C-
Pineapples. 81.5<H?S50. M „
Bananas, atmlgnts. per bunch, $LM01.7t.
Culls, imr bunch. 81.00^1.25.
CALIFORNIA * vtUIT-Fancy atocli;
Einertn penobes. per box, 81-50.
Mountain Bartlett pears, per box, 8S.9.
Gross plums, per crate, 82-
Columbian prune*, per crate, 81
Rime Peru grapes, per crate. $2.00.
Blue Mnlvoioe grapes, wr crate, $2.00.
1 'OuI't11V ^I> ’copNTltY «tODUCE-
Uve hem, S6@87)4ci trie., 2244*260! bruit.
lS@20e pound.
hreaaed hena, per pound, li'tflOe.
l.lve duck., Pekin, tie: puddle, 2602744c.
per d««en, 23e.
—"e, per poui
1, 124467 lie.
I, U U<-., u—8@l0e po
r.i-ka, 1061120.
VEOETABLEH-lrliih
stock. per bu.hel, 81.06. ,
Cnbbogu (Virginia), l%c pound; Hanlab
^jina beant per pound, Ic; Nary, 12.10 pet
bu.hel. . , _ _
onions. p«r bu.hel, 81.26. , .
New .iveet |jotntoe«. 60c bulbrt.
Kraut, 44-barrel, 83." r? ■
FLOUR, GRAIN. PROVISIONS,
riXM-R—Posters pateut. KSM; niamnnd
potent, 86.25; Masroptnh Star, $4.10! fancy
patent, 84.60; Bed Eagle, 14.15; Blue ulbnon,
fcl.90: fancy, 83.80; aprln* wbcut patent, 85.00
06.60.
COHN—Choice rerl cob, 72e: No. > white,
70e; No. 2 yellow, 00c; mixed, «8e.
OATS—Choice white clipped, 48c; choice
white, 47c; choice mixed, 46c; Texaa ruat-
roof, 60c.
MEAL—Plain water-ground. . per hnihel
(e; boned, 140-poimd lutea per bnahel, 08c;
Shorta, white. 81.60: medium, 81.40: brown,
81.30; pure bran, 11.10: mixed hrnu, $1.03.
C dSS. 'Ill': V* J' i
timothy bales, $1.06; No. 2. $1.00; do.. No. I,
doevr mixed. 81.00; do.. No. S mover mixed,
$1.00.
! 1.00: choice Bermuda, 75c. •
RYF.—Georgia, $1.10; Tennessee, 90c. Bar
ley. 9Gc.
The above prices are f. o. b. Atlanta.
GROCERIES.
SUGAR—Standard granulated, $5.20. New
York refined, 4He; plantations, 5c. Market
very strong.
COFKMlf-Roosted - Arbuckle’a 111.50.
bulk. In bags <a barrels, itc; green, lOff
RICE—Carolina
according
PRICES ADVANCE
ON NAVAL STORES
. .. .nnnah, Gn., 5ept. 29.—The spirits tur*
pontine market began the week firm nt
i>iits and after a number of ups and
ns closed thin afternoon firm at 61 1-2
rents. 1 mrlng the week the price ruled
1 cent less f«t three days, but gradually
climbed to the higher place. The receipts
were up to expectations. The sagging was
line In large part to an Indifference among
the buyers, who —
Indlfferen
re anxious to wait un
til the'low |Kifnt was reached before mak-
further purchases.
Ing
The rosin market wns freely bnmmore«l
during tlie week, but at the close a stiff
renetlon set-In. which was further |
mated In the late trading hour today.H I
every grade was bbl higher. It Is the tw»-
lief that still further ndvanee Is III order.
During the past % t wo weeks prices have
declined sharply, especially In me«iium
grades, and there is every statistical reason
whv the advance should be even more pro-
noun* ed. The excellent prices which pre-
valbMl during the season had encouraged
the producers to look for even better prices
during the winter, but thus far they have
disappointed.
GIBERT & CLAY
I, m. ALABAMA AT.
STOCKS. BONDS.
COTTON, CRAIN,
corrce. PROVISIONS
ATLANTA, OA.
ks c3T EaSSJSiw oricu. bo»m “f_ Tr ^» i ,, * i ™ ,on Co,to0 E,ch,,i v*
P K-w Tofk Bt«k
Local and Long Di.Unoa
Pclrat. Wire, to all Exchanm. „
a Tal.ghon, 629*. W. n. FAGAN. Mananarv
ALONZO RICHARDSON & CO.,
• PUBLIC ACCOUNTANTS
AND AUDITORS
Empire Building. Bel! Phone, Main 85a
ATLANTA. GEORGIA.
PROVISIONS—Supreme hams, 15c. Dovs
hams, 25He. California httma, $9.00; Red
Cross hams. 16c. Dry salt extra ribs, $8.16;
bellies, 20-6 lbs., $10.60: fst backs, 6c; plates.
Sc; Supreme lard, $10.12Vfc; Red Cross, 10c.
8now Drift compound, 7%c; Red Croon, 7fcc.
M’CULLOUGH BROS’. FRUIT
AND PRODUCE LETTER
Atlanta, Sept. 29.—Apples are well cleaned
up In tho present market and receipts of
good stock will, no doubt, meet ready sale
t satisfactory values during next w’eek.
Oranges, Florida stock, arriving too green
to nttrnct the trade's attention. Will lie
several weeks yet before stock sufficiently
well colored to sell promptly will be In the
market.’
Basket grapes selling readily at fancy
prices.
rnltfornla fruit In liberal supply, with no
change of note ss to values.
lemons plentiful and showing a alight
downward tendency.
Bananas active and aearce at advanced
prices; also cocoa nuts.
Petery and cranberries now In the market
and selling at good prices when arriving In
good condition.
The recent wet weather Is causing a
scarcity of sweet notntoes at advanced
prices.
Irish potatoes snd onions scarce and be
ing readily taken at satisfactory prices.
Tomatoes selling readily nt quotations
Pineapples selling nt nu advance of 60c to
$1 per crate, with the supply Insufficient
to moot trade requirements.
Kgg» continue to show a downward ten
dency. with the market showing distress by
uie miner.
Both live and dressed poultry In light
supply with uo change us to values.
NEW YORK WEEKLY
BANK STATEMENT
steady.
—
NEW ORLEANS.
The following la the range In cotton fu
ture* tu New Orlean* today:
I
5
S
s
a
I
fil
Oci . . . .
Nov. ....
Dec
Jan
Fob
March. . . .
May
tu
9.36
9.46
”9.61
9.87
TSo
9.69
9.69
9* si
9.94
TE5f
9.44
■f®
9.87
9.49
9-62
9.62
*9.77
9.92
9.4f-4*
9.49-61
9.62- 63
9.62- 6]
9.68-70
9.76-77
9.91-92
5.23-24
9.26-28
ts&
9.69-71
doted atendy.
—
CLOSE 00 WHEAT
MTHEH TIME
Wheat 1-4 to 1-2 Up, Cora
3-8 Lower to 1-2 Higher
Oats Unchanged.
Chicago, Sept. 29.—The day and week
closed rather tnnie on the board of trade.
Wheat showed net gnlus of HflHc. Com
was %e lower to He higher to unchanged.
Oats were off Vie. Pork unchanged to 7Hc
higher; lard 2He off to 7Hc higher and
ribs 15c off to 5c lip,
September wheat was under more or less
pressure, but It wns well absorbed. Sep
tember corn was on sale, and suffered a
little, ns did also September oats. There
was said to be a “commercial excuse" for
the long In September wheat, forcing that
month ont he trade, ns the wheat was de-
Ilverile out In the afternoon.
Primary wheat receipts 1,079.000 bushels,
and corn 682.000 bushels, compared with 1.
700.000 and 494,000 bushels, respectively, a
year ago.
Clearances were 250.000 bushels wheat,
147.000 bushels corn and 72,000 bushels
oats.
Cush sales at the seaboard were 12 loads
wheat. 4 loads corn and 60,000 bushels oats.
At Chicago the sales were 20.000 bushels
wheat, 90,000 bushels corn and 110,000 bush
els oats.
i 1
J. T. HOLLKMAN. President.
F. J. PAXON. Vice-President.
W. L. KEMP. Treasurer.
J. Vf, ANDREWS, Secretary.
UNION SAVINGS
BANK
Four Per Cent Inter
est Paid on Deposits
ASSETS $150,000.00
Om dollar atartt an aoeount.
Hours; S a. m. to 6 p. m. Sat.
urdays till B o'clock at night.
DIRECTORS i
THOS. X. PEEPERS.
W. B. KTOVAI.L, K. J. PAXON.
4V. O. FOOTE. J. T. HOI.I.EMAN
Cl.VUE BItOOKS.J. M. JOHNSON.
CHICAGO GRAIN MARKET.
fo? U tSS; ftlJ 0 *:*" 11 prov '* 100 *> uo ‘* Uo «
- Open.
„ R-HKAT-
Srpt.... 78
I'it 7544
•Muy 794J
COHN-
E-: 8
OATS-
Sfpt.... 34H
Dec $4»4
May 35%
PORK—
Sept... 16.96 17.10
Jnu... 13.32*4 1340
LAUD—
Sept.. 8.85 8.87H
Oct.... 8.87V4 8.87*,|
-lari 7.85 7.85
SIDES—
Sent . 8.67H 8.70 8.60 8.
Oct.... 8.35 8.40 8.37H 8.
Jan.... 7.12H 7.15 7.12H 7.
C A8n WHEAT-
No. 2 reti 74H; No. 3 do 72®73H;
winter 734^77; No. 3 do 72®74.
3644
k
8.85 8.85 8.85
8.82*4 8.8244 8-^H
7.82*4 7.86 7.82V4
Private Wire to Glbert A Clay.
New York, 8epV2».-Mnrshall, Spader A
Tod V f ihol ‘ 1 ' * talr In
dication of technical condltiona, and, per
haps, show some nervous strength, bnt
believe a further advance will lie at
expense of the short Interests, and, tbere-
fore, reduce the buying power.
Daniel OdeJl Ac t o.: Expect sotfie Ir
regularity today. Would only buy stand
ard rails on weak spots. On further bulg-
ing. advise taking profits. The liquida
tion has helped the market, ami It fa
parted to do better next week.
Again we say advantage should be tn
of these drives or turn downs or react......
to purchase standard stocks for turna, at
session, which was fall of gross'marliiufa*
tlon. The rally was a little awtft in the
late afternoon yesterday, and this being
*».- — .. y gome Irregularity
expect a much belter
*le stock market next
- -—. --— .— October disbursements.
Tbe storm damage In the South seems
to be large, but not disastrous, and we
think Its effect will be transient. The po
litical news seems to us more encourag
ing from the Wall street view, for Henrst
has evidently Irrevocably put the satie Dem
ocrats against him by stundlng nnt on hla
personality and Independent platform, repu
diating tbe Ifemocratlc platform of Buffalo,
while tho Hughes refusal to accept corpora
tion campaign contribution nullifies coin-
cldently the effect of the Henrst Innuen
does along that line. The ume|rct Is In
much better shape through whet Jlqntds-
tlon occurred and because of the big snort-
age. which will be catered to, that hna been
built up.
Private Wire to Ware * Leland.
Now York, Rept. 29.—London lower.
Steel off He*.
A poor bank statement Is expected. Look
lorthcru-i’nlted State* SteeT ore deal will
dd largely to operations In those sccurl-
lea. The week-end evening up ran lie
xpccted from rooin traders, but wherever
dvnnees appear, wo believe that long
locks should lie sold out.
Pow-Jones A Co.'a summkryt
Individual advances occurred In some
locks yesterday, notably Reading, which
•o think will go higher,
lie continue bullish on Canadian Pacific
Foundry.
— Atcmaon
Each
illy tr«
“ex" moats the strongest kind
Selling Free in First Few
Minutes at Conces-
DUE TO LIQUIDATION
Downward Movement Was
Followed By Sharp
Recovery.
New lork. Sept. 29.—This morning** bank
statement filled to agree with the advance
estimates. The cash on hand Increased
nearly $4,000,000, whereas a small loss bad
••oen expected, and leans, which might
have been expected to reflect the stock
market .liquidation, increased $7^90*00$.
In view of tbe perplexing movement*
of money. Incident to the October settle
ments and to the treasury gold Import ad
vances. these discrepancies were hardly
surprising. Burplus reserve, with a fur
ther enlargement of $1,224,000, atauda now
well above 112,000,000, and this sufficient
ly explains the action of the week's call
money market.
short Interest, under which prlceala most
ensea advanced.
The rise was particularly rapid In Read
ing and other pool stocks, which took the.
ore deal" shares as specn-
Beyond emphasising tho
* ‘ editions, bow-
Seated very
la still sold on rallies by professionals.
Brooklyn Rapid Transit his gained
strength technically.
Also Erie, Louisville and Nashville and
Locomotive.
rifle gave evidence of big rai
nn u should be bought wheo>
ever weak.
Steel will meet atock on further bulges.
Pennsylvania* la in a trading position, and
New York Central la not strong.
NORTHWEST CAR8.
The following figures give the northwest
cars of today*Tost week and Inst year:
Last Last
Today. Week. Year.
3S1
269
300. 441
/ LIVERPOOL GRAIN MARKET.
Wheat—Opened He lower; closed un
changed.
Corn—Opened unchanged; nnd closed un
changed.
THE 8UQAR MARKET.
WEATHER IN COTTON BELT.
No weather reporta recslved from Taxaa
and Mississippi.
In Alnbnma Montgomery, Opelika and
Troy report rain last night and thla morn
Xlbany. Macon, Americas and Savannah,
Ga., nnd Jacksonville, Fin., report the
weather clear and pleasant thla morning.
WEATHER IN~WHEAT BELT.
cooler. 26 to 42 above; killing frost at Qua
‘idL
killing __
it Bismarck and Wllllaton;
. Moorhead.
West ni?<i Southwest—Partiv cloudy. 42 to
tn Illinois, and local
Northwest—*
to 45 alujve;
heavy frist a
showers It M
West a ifd S<
66 above; general rains I
rains In Mlssonrk
WEATHER FORECA8T.
SOUTHERN EXCHANGE
Oldest Established Office South.
conox STOCK BONDS —GRAIN
Ground Floor Oould Building. Dally
L. J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, GRAIN
Correspondent's Capital $250,000
REreacNce. the ncal hank
PHONE 1417. PRUDENTIAL CLDC
Increase. Decrease.
Reserve on all deposits.$ 1,224,425 $
Reserve on deposit other
than United States.... 1.612.525 .....
I^isnn 7,290.300
Specie 2.790,8ft)
Circulation 486,300
The banks now hold In excess of legnl i
qutreinents $12,549,360. agaiust $7,440,021 In
year and $19,913.6*X) two years ago.
Houaa State
Jones, Mgr.)
L last year 622,825.79
For thTa weel 3.669.M1.7I
Corresponding week last year.... 3,773.161.31
’or this month 15,973,699.W
orrespondliia month last year.. 16,999.577.16
The statement of the Atlanta Cleariug
House Association shows a sharp decrease
In the clearings for today and for the week,
though for the month the decrease Is insig
nificant. nnd Is attributed chiefly to the late
movement of cotton, the crop this season
being three weeks late, a* compared with,
•hist rear.
HUBBARD BROS & CO., meSnts
Atlanta Office,, 219-221 Century Building.
Member* New York Cotton Exchange, New Or
leans Cotton Exchange, Liverpool Cotton Amo-
elation, Chicago Board of Trade, New York Cof
fee Exchange, New York.Produce Exchange.
Busine.s solicited for the above exchanges.
Direct wire service. Correspondence invited.
S Phones <54, Long Distance 39. A. S. Hustace. Mgr.
North Cnrollua—Italn Mturdsy and In tb,
east HunOsr.
Mouth Carolina and Georgia—Bain Satur
day; Sunday fair,
treat Florida. Alabama, Mls.f.alppl, Lou-
afnna nnd Kaat Tesas—Fair Saturday and
Bnndaj.
ICn.t Florida—Fair Saturday and Sunday
orn portion Saturday; Sunday talr.
WEEKLY CHRONICLE’S
REPORT ON WEATHER
gel
heavy In gulf coaat aeetloni. Damage to
cotton as a reault ot ths atonna la com
plained of by aomo of our eorre.pondent.,
and the gathering and marketing nt the
•taple baa been interfered with. On ac
count of InterrupUon of telegraphic com
munication, a number of onr report, have
felled to reach ue tble evening.”—Glbert A
Clay.
P 1
tattve
Improvement In tecbnlcal condll
ever, the doy'e movement Indl.
little, l’rleee ended aomeivbet off from
tlie top, but with a etraag undertone pre
vailing.
New Tort, Bept. Tbe dock market
opened week wit'
ehotvlng eub
Amalgamated,
Colon Fa
eak with a majority of l.xuea
aubatantlal decOnee. Reading,
_ tad, and Htael preferred lott 4».
'aclflc declined In ell 144, Northern
Steel common opened off 44, raUylng, an,
■bowed leee weaknee. then the preferred.
Tbe feature of tho trading In tbe drat
“ ~ if contract* on.
*•- a “ti
frsely
hour was tbe closing out of coat
both aids* ot the < nuket. In
few minutes, stocks were sold i
concessions in completion of the 11
In progrtss Thursday, and up to
hour yesterday, when there was soma hur
ried buying because of the statements nbout
tho cousommstlon of the Great Xorthern
Other
LONDON 8TOCK MARKET.
STOCKS—
Amalgamated Copper. .
Anaconda .»
AtCblSOU.... ee ., .. ..
do, preferred
Baltimore and Ohio. .
Canadian Pacific. . . .
Chesapeake nnd Ohid. . . . .
Chic., Mil. and 8t. Ptut
Erie
Illinois Csutral
Louisville and NfshTllls. . .
Missouri. Kansas and Texas.
do, preferred.. f - -
New York Central. . .
Northern Pacific.. ..... .
Norfolk and Weftero.. .
Pennsylvania
Beading .. .. •
Rock Island .. •• .
Southern Pacific
Southern Railway
Union Pacific
United Staten Steel,. .. „ ..
do, preferred.. . . .. .
Wabash
do. preferred.
NEW YORK COFFEE MARKET.
S f 1
day;
the New York coffee mark
Opening
May. .... .. . .6.96-7.00
June 7.55-7.10
Toly 7.10-* -
August 7.16-
October .. ... ..6A6
November 6.70
December. .. ...6.70-6J0
Closed steady; sale* 21,600 bags.
COTTON 8EED OIL M
October •
November. ••••••#
December* ••••••
January. ........
February
closed very etrong.
if
ATLANTA NATIONAL BANK
ATLANTA, GA.
C. E. CURRIER, Pruldsnt. A. E. THORNTON, Vlc»Pr**M*nt.
H. T. INMAN, Vlos-President. GEO. R. DONOVAN, Csshlsr.
JAM EE 8. FLOYD, Ass’t Cashier.
Capital $500,000.00
Surplus and Undivided Profits $500,000.00
We Solicit Your Patronage.
3i % Compound Interest
Is the rate your money will draw if deposited 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 Inspect our quarters and Investigate
our facilities to oorvo you. A hearty wolcomo awaits you at this
bank. -
ASA G. CANDLER, President.
W. H. PATTERSON. Viee-Pres. A. P. COLES, Cashier.
JOHN S. OWENS. Vlce-Pres. WM. D. OWEN8, Aset. Cashier.
Wlf. r„ PEEL President.
ROBERT y. MADDOX, Vie* Preetdent
THOMAS J. PEEPI.E8, rentier.
JAMES O. LESTER. Aul.tant Ceahlar.
JAM. P. WINDSOR. AMf.tent Caekler.
MADDOX’ROCKER 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.
Safe Deposit Boxes
For rent in our vaullx in tbe basement of the
Empire {Building for only $5.X)0 each pet
annum.
Absolute Security and all Modem Conveniences
You should not be without one. We incite
you to call and inspect them.
Title Guarantee and Trust Co.