The Atlanta Georgian. (Atlanta, GA.) 1906-1907, September 29, 1906, Image 19

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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.