Newspaper Page Text
THE ATLANTA GEORGIAN.
MONDAY, OCTOBER 1, J90«.
Cotton Opened Strong, With
Prices 19 to 37 Points
Higher.
JEMAND CONTINUED
Dominant Influence
the Weather and Crop
Situation.
Was
SPOT COTTON MARKET.
firprnonl. spot cotton firm; middling np-
!2 TT.i; sales V.000; American 5,900;
w'latlun and eijiort 600; receipts 7,000;
incrieau 4, <00.
Atlanta, steady at tlte.
Sow Vork, oulet st 10.
lam.
fpivuhttli
Ame/l'
Miles 106 con
•uninrfon: delivered on contract 46,600.
Awuit«. stoudy at 9 15-l6c.
Snvnuurth. Steady fl t 9Hc.
potilB, Htendy at OTic.
vatf Orleans, firm at 9 ll-16c.
Houston. steady at 99-16C.
Mcumhls. stead/ at 94o.
i/altlmoie nonifnnl
Norfolk. Arm at 915-lGc.
(Jiilvostoii drni at 94o.
St Louis, steady at 9?4c.
Augusta. 9 15-16c.
lOCSl | WH( tmiL.
, ... months. Commission
with connections In the South were
jo re** liuvers of new crop positions. The
•minntiiig Intlmyice was the weather and
(. crop situation. The demand continued
,. P , wc advance presented nearly
l>t V prices at New Orleans started Z2<Q
points up.
„ cotton I.lverpool lend off with deeld-
r encouraging advices this morning. An
•flncc of 12 points was expected from that
.,itcr on its opening
Flr*t prices show near months 104 points
mi while the Into inonts were 10% points
h liii'T hut at 12:15 were quoted 144 to 15
mints up as compared with Saturday's
mn| tigurcs. increasing the Improvement at
, m. to 15 to 174 points.
'illlowing Is the range In tho active
•iitlis lu Liverpool today:
Open. High. Low.
foficr November. . • .5.21 o.35 5.21
itmrv-l'ehruarv 5.20 5.34 5.20
rch April 5.24 5.38 5.24
* ini,,. . .5 28 5.42 5.28
;„,'t sales’were light at KoOO bales; mid-
Bg :t points higher at 5.77.
»u the Llverjfool showing New York was
NEWS AND GOSSIP
Ot the Fieecy Staple.
Prlrnte Wire to albert A Clar.
m N< “,VT? rk ' 0< & l-U*nwol at 1JJ0 p.
m w, 14 ®A 5 ., e»P« , '-» , <l It up.
Miss Giles report expected to be Issued
at noon todp.y.
The government report on crop condi
tions Is expected nt 1 o'clock tomorrows foj-
lowed by the census report ou ginning at
jLP- m. noth carry the crop to September
The Journal of Commerce any*: “The
steadily Increasing volume of trade In Sep
tember has resulted In lifting the dry goods
ranrket to a sound, although a high, level,
as the last nunrter of the year Is about to
open. Merchants feel tlmt many things
enn happen to rnlse values to an even high
er plane, th<* principal ones being n more
favorable money market, a late revival of
the Far Eastern trade or the advent of
any large operation In any of the staple
Hues of cotton, such ns print cloths.
See no commercial buying, only specula
tive, ou this advance In cotton.
Private Wire to Ware & Lelnnd.
New York, Oct. 1.—Liverpool opened firm
104 up on near and 11 up on late. At
12:15 p. in., 144@15 up and Arm. Sales 5,*
000 spots, 9 up, at 5.77d. Futures due to
coiue 10<ffl2 up.
day, net 48<g57 points higher, with the
tone firm.
Estimated receipts tomorrow:
ion business begun.
•iirment was nt n high pitch, and the
rs. who huve been selTlug cottou on the
irtod excellent condition mid brilliant
meets of an enormous crop ware out In
protect themselves ngnliftt loss us
New Orleans.
Galveston,. ..
Houston
1906.
. .13.500 to 15.600
..31.000 to 34.000
..25,000 to 30,000
TODAY’S PORT RECEIPT8.
The following table shows receipts nt the
Edited by
Joseph B. Lively
MARKETS
Ur. Lively's twenty-flve
years' experience of ed-
Itlng markets In Atlanta
and the South bss«uadt
him a recognised au
thority In bis specialty.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
NAME OF 8TOCJL
New Orleans .
Galveston . .
Mobile
Savannah . . ,
Charleston . . .
Wilmington . .
Norf(Ilk . . . .
Eton Francisco .
Total, incomplete .
7728
2823
5449
2483
2270
20067
2212
15345
Houston .
Augusta .
Memphis
.( 19409 | 26044
WARE A LF.LAND’8
DAILY COTTON LETTER.
a result of the sudden change in sentiment,
which has turned bullish on tho dntnuge to
the crop by the tropical storm.
To their covering and free support by the
hulls can be attributed the strong opening
which was nt advances of from 19 to Zi
points, n« enmpnred with the previous
close. The strength continued throughout
the morning session, December, after open
ing nt 9.79, selling up to 9.88 be*'*-'*
hour, the bnlnnce of the list
up with the December option.
A prominent and usually reliable New
York firm sends out the following over pri
vate wire; <■
• At this time, by reason of the condition
of the wires, It Is not possible to deter
mine the extent nnd character of the dam
age to the cotton crop, but that It Is ex
aggerated there is no doubt. This advice
h-i* driven In the large confident short In
terest, hut Is helng met with liberal selling
of spot cotton by the Interior, especially
Texas. The main element of strength In
the New York market Is the buying by
Liverpool of October and November, which
would rather Indicate that a market has
been found for the low New York grades,
and tlmt there Is n likelihood of fair ship
ments lienee during the next sixty days."
Miss Giles Issued her report today. She
places the condition nt 72.1, ngalnst 72.5,
her Inst report, und 66.4.
. This does not appear bullish, but It evi
dently does not cover the damage caused
b.v the storm, of wdilch some authentic re-
Jg- nrM oon " nK ln - Following are sam-
Xew Albany, Mias., writes: We hnd sev-
enfr-fw" hours continuous rain and hard
"bid; more dnmnge to cotton nud coru than
*"“■ experienced. The lauds are Inun-
> Bluff, Ark., wires: "Damage cousld-
•raldo some claim disaster."
The S/nnnnnh cottan Trade Journal, In
commenting on the movement of cotton,
movement toward
v i—•- — attracting attention
o iusing more or less concern among
•Momentary concern Js caused
•, ——....... ■ .ng the
' 111. crop withheld. What effect,
"" PB every one else nil along the
erop is late In the Bouth Allan-
•;rnl weeks Inte^whlrh Is the ren-
* ,ot coming forward In larger
."-The wenther has been unfnvorn-
i.*# 1 °2 p » < ? p,npn , t wns caused, labor
to tor "' ork * and ginning seems
acquired the same slowness that
UnM l**for* the crop
" It? * ,n *' Tho crop Is held by one
oh? - *5 , w ^ Pn tnrdy develop-
Ds mvnprs^ 0 ^ 0,5 1 * ro,n the nmrk * , t*
The farmers have not yet began a l|ld-
t ,nPn V . ^* orp Independence Is
*'"u In marketing cotton than ever be-
ll 0n ’ "l" *>*"Mnetly less dlsposl-
It fhrn, p °tton to the ports or offer
orteS ? l i h ,>rnkp r» ,n \r ,nroe *° break the
price and cause demoralisation among hold-
i,VT pt . ,hnt f ,nM growers who put
S*Y" #' positions ns debt-
iittio of the enforced selling of cot-
rla«. *#' # °b*erved now, for tlie better
f ^ fnr,n f r * fortify sufficiently to
ilvhf 1 n !. h i P, ! 18 ‘'L VP * "Kahist pressure that
In former years, has been np-
?; fl 7 wl,h at this season of the
effect of the tardy movement Is In
though ** n natural cause,
a wifiu ready funds for
imintnr i n t iJ? ln , rp ! ^ "pinner nearer the
'r l h 'T J^ stocks, and to that extent
,hB " me " hen he
rt«n h 1h.?J t< ' r , n T n ’ .trength wn,
tttHhntilS ”*e morning session,
trontcnithe appearance of another
* w,f »*«>aat. Decernln»r
while m,n J ,t f5 before the close,
'4:bP J t fl :’io%:' r, ‘^ ,hp ,or mnrk * .« pu -
close wns at top prices foe the
Now Orleans, Oct. 1.—Cotton was wild
nd excited today and the price soared, De
cember selling up to 9.98 from 9.52 on Sat
urday's closing. The majority of opera
tors seemed to think the thing was over
done, but the bureau reports tomorrow nnd
the thrent of another tropical storm In
the gulf lessened the disposition of bears to
put out fresh shorts lines. Brokers could
not buy cotton fast enough on the open
ing. An accumulation of buying orders
from the country over Surnlny wns added
to the buying of professionals, who were
of the idea that nil bearish features were
overbalanced b.v the wurnlng from
weather bureau that another tropical storm
wns threatening the gulf nnd the south
eastern coast of tho 1’nlted States. The
wenther map wns also unfavorable nnd re
ports from the country were on the whole
very discouraging. Around 9.90 for De
cember much cotton wns sold short, but the
market absorbed It well nnd at 16 points
decline was nil that could be brought about,
The highest prices of the morning were
reached on the official statement that light
frost oceiirred at Abilene. Tex., last night.
Temperatures were too low over the belt,
nnd this added to the uneasiness of shorts
when they were able to get full return!
from the wedther bureau. Some few tele
grams were received today saying that the
crop damage had been overestimated.
It Is always natural for farmers
to over-estimate crop calamities, nnd they
have probably over-estlinnted this one.
Miss Giles' report on condition added to
this Impression, although It is not certain
to whnt date her figure* relate. She
that the condition of the crop was
against 72.5 on September 18. <R.9 on Au
gust 31. nnd 66.4 on September 29 Inst year.
The government report on condition to
morrow will compare with 77.3 Inst month
nud 71.2 Just year nnd 75.8 Jn 1904. The re
port on ginning will compare with 2.358.031
hales, counting round ns half bales, ginned
up to this time last year. Other compari
sons nre not nvnllnble ns last year's Oc
tober report wns the first of tho Issue.
LIVE STOCK MARKET.
today Sf),000. Market strong nt 8nt’irdny'«
overage; quality fair; left over 1,558; bulk
|6.J»®6.85; estimated for tomorrow 17.000;
light nogs |6.204f6.75: mixed 16.15^6.774:
heavy I5.so06.76; neigh 15 8506.20; pigs *5.75
ft6.60; vorkers W.G.Vtf6.70; gnod to < holco
henry $6.6506.774.
rattle— Estimated receipts 23,000. Market
-trong to 10c higher; quality fair; beeves
$3.:W07; cows $1.3005.25; heifers $2 4006.25;
on Ives $5.5008.50; good prime steers $5.4:«rJ7:
nmir to medium $3.9006.35; Stockers nnd
feeders $2.5o04.6O.
Sheep—Estimated receipts 42,000. Mniket
steady to 10c lower; nunlity fnlr; native 1
5.45: western $306.45: venrilngs $6.3505.
lambs $4.2507.60; western $4.2507.40.
Amalgamated Cooper..
Atlantic Coast Lfue. ..
American Sugar lief.
do, preferred.
«<ner. Smelting Her, . •. .
a*!?' P re ** r r*d
Atchison
. do. preferred. , . . . ,
American Cotton Oil. . .
Amer. Car Foundry. .. . ,
Baltimore a Ohio. .i. .
Brooklyn Rapid Tran,. . ,
Canadian Faelflc
uwg. A Northwestern... ,
Cheeapeake A Ohio
jOJorado Fuel & Iron.. . ,
antral Leather
« 0 ' preferred
£bje. A Great Weat'n. . .
Chic., Mil. A St. P. . . . ,
Delaware A Hudson
Distiller s Securities
Erl»*
, do, preferred. . , 1
, DciuriiiBi, ••
Louisville a Nashville,.
Mexican Central
Missouri Pacific
Total stock sales today, 1,272.200 shares. No closing h ds today ou nccount of wlretrouble.
NAME OP STOCK.
N. 1.. Out. A Western.
Natiuuul Lead
Northern Pacific. . . .
New York Central.'. .
Norfolk A Western. . .
Pennsylvania
People's Gas
Pressed Steel Car. . .
do. preferred. . . .
Pacific Mall
Rending
Republic Steel. ....
Rock Islaud
do. preferred. . . .
United States Rubber.
do. preferred. . . .
Southern Pacific. . . .
Southern Railway. . .
do. preferred. . . .
Sloss-Sheffield
Tenn. Coni A Iron. . . ,
Texas A Pacific, ....
Union Pacific
United States Steel. .
do. preferred. . • .
Va.-Cnr. Chemical. . .
do. preferred. . . •
Western Union. , . . , ,
Wabash
do. preferred. . • . ,
Wisconsin Central. ; .
do. preferred.
TIPS PLASHED
From Wall Stre«L
Private Wire to Gll»ert A Clay.
New York, Oct. 1-Marshall, hpnde A Co.:
The stock market may show some Irregu
larity for a day or two, but we expect to
see It do better the latter part of this week.
While we may have a flurry the money sit
uation is improved, but we recommend only
recessions good rails.
New York Financial Bureau: Special
ty Improvement seems to us to be on
the program this week, although the fore
part should be Komewlmt irregular on ac
count of the disbursements, and the trad
ing position should not he nhandoued, but
we ngnlu strongly commend to youv atten
tion the wisdom of buying good stocks
when weak, for the situation Is clearing,
and we do not see any monetary disturb
ances after the intensity of the crop de
mand shall have worn off, so that a grad
ually bettering market will be experienced.
Judging from the present plans ns ascer
tained by us. Money rates are likely to
be n little stiff for a day or two, owing
to the time it takes for the treasury relief
to get to New York. The bank state
ment, however, was good, nnd the next
one should be good, so that the money
troubles seem to us to bo gradually disap
pearing. especially when we consider the
gold Importations that come steadily. The
ore deal Is expected to lie made public
some time this week. This should stlm-
97 «| ulnto Interest lit the market, which Is In
good tec hnical shape on account of the re
moval of weak accounts bv the shaking out,
nnd on nccount of the building up of n
short Interest, which will, with professional
sentiment, slightly be bearish ns it is,
afford good support on the recessions.
• AFTERJPENIIfG
Many Shares Scored Ad
vances During the First
Hour’s Trading.
SOME ARE SHARPLY UP
In Other Issues a Heavy
Supply Was Noted—Un
dertone Steady.
NEW YORK.
The following Is the range In cotton fu-
turas in New York today:
bee. .
Jan
Feb.
March. . .
Mny
June
July. . . .
I'losed fir]
9.45 9.83
9.60 9.81
./ 9.7010.00
o KA'in no
HI
9.83; 9.83 K4
19.81 9.98-99
'10.00 10.00-01
10.06110.06-06
9.99110.12-14
10.2_* in.in 21
10.29 10.30-31
10.22 10.83-35
10.80J10.36-89
9.26-28
9.89-41
9.61-61
9.66-58
9.64 66
9.80-81
9.83-85
9.86-89
LIVERPOOL.
range and close, compan
close.
Futures opened firm.
Opening,
with yesterday’s
October... .
Oet.-Nov... .
Nov.-Dec... ,,
Dee.-Jan. .
Jan.-Fob. .
Feb.-March.
MnnMi April.
April.May...,
Mn.v-.Inne. .
June-Juiy.. ..
Closed firm.
___ _. Previous
Range. Close. Close.
...6.27 -6.314 5.894 6.17
...6.21 -5.244 533 5.10
..6.18 -5.214 5.334 5.07
.5.18 -5.234 6.314 5.08
.6.21 -5.24 5.324 5.094
.6.21 -5.2», 5.D4
.6.24 -5.28
. .6.26 -5.30
.5.28 -5.31
.5.294-6 32
5.38
5.15
5.40 5.164
5.414 5-18
NEW ORLEANS.
The following Is the range In cotton fu*
I
|
Low
II
I
'
il
LU
Get. . . .
Nov
Dec. ....
Jan
Fob
Mch
Mny
June. . . .
July. . . .
Closed fir
9.80
9.83
9.82
10.02
10.14
10. IS
10.4(5
lOM
n.
10.00
9.83
10.07
10.17
10.14
R.T.*
10.40
10.55
9.71
9.83
9.77
9.87
10.14
10.02
10.46
io.65
10.00
9.83
10.07
10.17
10.14
10.31
10.46
10.55
9.99-10
10.04-07
0.07-06
0.16-17
0.22-24
0.34-36
0.60-51
0.54-56
0.59-60
9.47-48
9.49-61
9.52-53
9.6243
9.68-70
9.76-77
9.91-92
9.97-99
10.03-06
THE WEATHER.
LOCAL FORECA8T.
WEATHER IN WHEAT BELT.
Extreme Northwest—Portly cloudy; 30 to
60 above.
Northwest—Generally clear; 38 to 68
frost lu St. Paul.
nnd Southwest—Clear, 36 tc# 58
above.
West
hove; frost in Iowa and Kausas."
Ohio \ alley—Cloudy, 48 to 56 above;
THE CUPAR MARKET.
York, Oct. L—Local refine
gar markets steady and unch
i l cot* firm; October 9s 64*1; J
COCA-COLA MANAGERS
MEET WITH DRUGGISTS
Local managers of the Coca-Cola Com
pany from many cities nnd from every sec
tion of the United States nre coming Into
Atlanta today to be present nt the sessions
of the National Association of Retail Drug
gists' convention, nnd to bob! a cqnferenre
of their own. They will meet with the offi
cers of the company nnd discuss the plans
for pushing coca-coin In 1907.
Among the ont-of-town cocn-coln mana
gers wno nre coining to the convention
nre Godfrey Plnehek, Rt. Paul, Minn.; O.
K. Vogelsang. Indianapolis. Ind.; II. T. Rob
erts. Lmlstnna: C. E. Culpepper, New York;
E. T. Grove, Harrisburg. Pa.; IV. II. Onl
lowny, Albany. N. Y.; K. W. DeLnugtoii,
Portland, Orag.; J. Cox Wall, Ht. Louis,
Mo.: W. P. Treblloook. Chicago; George
11. Reed, I.os Angeles. Cni.; SV. U. Reeves,
New York: Dan II. Candler, Dallas. Tex.;
A. L. Porter, Denver, Colo.; V M. Mns-
sev, Detroit. Mich.; 4'. A. Matson, Pitts
burg. Pa.: M. II. B. Hoffman. Washing
ton; G. J. Martin, Georgia: L. II. ! lean os'
Little Rock; A. J. Bek erf. Cleveland. Ohio;
W. A. Skinner, Philadelphia; A. II. Whit
comb, Atlantic City; W. C. Bucher, New
York: W. R. Larkin. J«JS'
Reese, Chicago; S. L.
phi a.
WEATHER FORECAST.
Georgia—Rain Monday and ifcobably Tues
day; cooler Tuesday fu the east portiou;
fresh east to northeast winds,
Mrglnla—Fnlr lu north: rain nnd cooler
In south portion Monday; Tuesday fair,
except rain lu southeast portiou, Increasing
northeast winds.
North Carolina—Rain and cooler Monday;
Tuesday unsettled, probably rnln, fresh
to brisk northeast to east winds.
South Carolina—Showers Moudny; Tues
day rnln nml cooler; fresh to brisk east
to northonat winds.
Eastern Florida—Showers Monday nnd
Tuesday; fresh southeast winds.
Western Florida, Alabama and Missis*
slppl—Showers Monday; Tuesday fair;
fresh northwest winds.
Ixuilsinna—Fnlr Monday, except showers
In southeast portion; Tuesday fair, fresh
northwest winds.
Eastern Texas—Fair Monday and Tues
day. warmer Tuesdny In north portion,
fresh north winds.
Arkansas—Rnln Monday; Tuesday fnlr
and warmer.
Western Texns—Fair and warmer Mon
day nud Tuesday.
Tennessee—Unsettled weather, with oc
casional rain Monday; Tuesday fair und
warmer.
Kentucky—Partly cloudy Monday and
Tuesday; warmer Tuesday.
WEATHER CONDITIONS.
WEEK II WHEAT
STARTED HIGHER
Higher Minneapolis Curb
and Responsive Cables
Had Good Effect.
the cotton heft. Rains have been general
nt most stations east from the Mississippi
id It wns mining this morning at Mani
lla. Nashville. Birmingham. Vicksburg,
ddle. Thomnsvlile, Wilmington, Norfolk
....d Washington City. The grentost twen
ty-four-hour fall wns 2.98 Inches at Mobile.
An area of low pressure covers the en
tire south, central to the southeast of New
Orleans. At New Orleans, the barometer
was 29.68 inches, with light northwest
The highest pressure Is over New England
nnd the eastern lake region.
Lower temperature prevails over the
northern half of the United States, with
light tra%i at Omaha, Nebr.; Davenport,
Iowa: Dodge. Kar.s.; Kansas City, Mo,
and Oswego. N. Y. The temperature ranges
from 38 degrees at Havre, Mont., to 80 de
grees nt Key West.
The conditions f.iror rain In this
tJon tonight nnd Tuesday:
Chicago, Oct. 1.—It was impossible to
break wheat, the closing prices show
ing gains of 6-80>7-8c for the day.
Pressure was applied by the bears on
several occasions, but their aim was
short. News from the seaboard was
particularly strong, yet only 15 boat
loads were reported as taken for ex
port.
Corn quiet at the close and 1-4@
3-8c better. Oats were dull and 1-80)
l-4c higher, to unchanged. Provisions
were 2 l-2@5c better.
Cash sales, wheat 15 loads, 2 loads
corn and 80,000 bushels oats at the
seaboard; 17,000 bushels wheat, 178.-
000 bushels corn and 119,000 bushels
oats at Chicago.
Primary receipts of wheat 1,150,000
bushels and of com 805,000 bushels,
compared with 2,072,253 nnd 607,464,000
bushels, respectively, a year ago.
Clearances were 685.000 bushels of
wheat, 77,000 bushels of corn and 187,-
000 bushels of oats.
% CHICAGO GRAIN MARKET.
G. 0, P. CANDIDATE,
WITHJOOSEVELT
Goes to Washington In the
Special Car of the
President.
and
slightly higher.
There is bullish talk on Reading. Penn
sylvania. Atchison and Southern Pacific nnd
look for activity In Steels and Coppers.
Announcement of the ore deal expected
today or tomorrow.
Rather look for a nervous nnd unsettled
market with possibilities of money flurries
during the October heavy disbursements for
Interest nml dividends.
Would only buy the good stocks when
weak, and believe the trading posltiou
should be strictly adhered to for the pres
ent.
Dow-Jones summary:
American stocks lu London firm 404c
above parity.
Troon* anil for Cuba on Wotlnogtlny.
Official statement on Groat Northern
leases expected this week.
Largo demand for anthracite expected In
next few weeks.
Light demand for stocks In loan crowd.
Demand for copper continues active both
here nnd abroad.
Later details show extent of storm dnm-
age at Pensacola snd Mobile wss not ex
nggersted.
Hanover nnd National City banks show
principal gain In ensh in hank statement,
nnd National City bank show's principal
Increase In loans.
Eight hundred thousand pounds gold
available in open market In London today,
nnd mny be engnged for New York.
Thlrty-soren roads for thinl week of
September show' overage gross Increase of
13.35 per cent.
Twelve Industrials declined .14 per cent.
Twenty active railroads advanced .03 per
for today
WHEAT-
Dec 76%
May 794
CORN—
Dec
Mny.
COTTON REGION BULLETIN.
For the tw.nty-four hour, -ndlnr itl
STATIONS OF
ATLANTA
DISTRICT.
Willard, ruilndal'-
*• 1 ALABAMA AT.
OlBERT & CLAY
STOCKS. BONOS,
ATLANTA. OA.
K- HEMBCRSl
vr? J®ti Stock Exchsng«.|New Orleans Cotton Exchnn’ge.|Chlcsgo Board of Trade.
*5 v°»S co'k 0 ii&ssfe; ohSSI sssu
«*» L»„fl DUu IW gTrt?ph» l ”8«ff "• FAGAN. M.n.Q.r,
ALONZO RICHARDSON & CO.,
PUBLIC ACCOUNTANTS
AND AUDITORS
Empire Building. Bell Phone, Main 858.
ATLANTA. GEORGIA.
•Atlanta, elnmty] ! i
•Chattanooga, rnln. . .
Columbus, pt. rldy.. .
Gainesville, cloudy. .
Greenville, clear. . .
Griffin, cloudy... . .
•Macon, partly cloudy.
Montlcelfo. cloudy. .
Newnan. cloudy
Rome. rnln. ■••••■
Spartanburg, cloudy. .
Tallapoosa, cloudy....
Toceon. cloudy. • •
West Point, cloudy
a-1
. . Si
OATS-
Doc 344
May 354
FORK-
Dec
Jnn.... 13.49
JS JS Si
«* 88 R
JS SSI 3S!
SIDES—
Oct.,.. 8.46 8.45
8.82*4 S.MSi
L874 :'.€d"
8.424
•7 IS
NORTHWE8T CAR8.
cars of todsy. last week snd lsst yesr:
Last
Yesr.
1.022
Wheat
Dorn .
Oats .
Hogs .
CHICAGO CAR LOT8.
Today. Totnor.
Wheat—Open, 4 to 4 higher: 1:30 p.
4 to 4 higher; close, 4 to 4 higher.
Coru—Open, unchanged; 1:30, uneban
close, 4 lower to 4 higher.
New York, Oct. 1.—Charles
Hughe* went to Washington today
with President Roosevelt when the
president returned to the capital after
hla summer nt Oyster Bay.
More or less mystery was made of
the meeting between the president and
Mr. Hughes, which had not been an
nounced beforehand. The first inti
mation that any one had that the Re
publican candidate for governor of
New York Was going to confer with
the president was when Mr. Hughes
showed up in the Pennsylvania depot
at Jersey City.
The greeting between the two was
extremely cordial. Mr. Roosevelt \In
troduced Mr. Hughes to various mem
bers of his party, (pciuding Mrs.
Roosevelt. Then the pair sat down
in the rear of the Mayflower, the presi
dent’s private car, and l/3gan an ear
nest talk. They were still in conver- P, 1 himself with the public works de
partment of Atlanta, associated with
Captain David G. Wyile, who was com
missioner.
For more than thirty years Mr.
Brown was jury commissioner for
Fulton county, which place he held at
the time of his death. '
Mr. Brown Is survived by six chll
dren, Walter R. Brown, C. M. Brown,
W. S. Brown, Leonard W. Brown, Miss
Cora Brown, Mrs. W. H. Chase and
Lieutenant H. S. Brown, of the artillery
service, of Baltimore.
The funeral will be held at the resi
dence Tuesday morning at 10 o’clock,
conducted by Rev. John E. White, of
the Second Baptist church, of which
he was a member, and Rev. Dr. W. W.
Landrum, of the First Baptist church.
Clinton I. Brown, 78 years of age,
father of Colonel Walter R. Brown,
died at his home, 325 South Pryor
street, Sunday night.
Mr. Brown was born at Gainesville,
Ga., ln 1828, and came to Atlanta in
1861. He was one ot the pioneers and
was an Influential citizen In the up
building of Atlanta.
Mr. Brown, In partnership with G.
W. Parrott, opened up Atlanta's first
wholesale house, which was located on
the spot now occupied by Atkins, Mc-
Keldln & Brown. He later entered a
wholesale shoe business with F. M.
Eddleman. After selling hfs interest
In thin bu/ilnpfts be formed a copart
nership with Captain J. L. Winter, In
wholesale grocery business, in Ala
bama street. He afterwards connect-
New York, Oct. 1.—The course of this
morning s dealings on the stock indicated
that while there was no disposition to stir
up another largo speculation, the market
wns well under control, and that the im*'
oortant loaders lu Wall stroet were sat
isfied with the extent to which the liquid-
jeculatlve holders wns
he market was quiet-.
me greater part or tlie list ais-
uerelv n hardening of prices with-
of the heavy speculation which
rneterlntlo a month ago. As hss
i»oeu ruily expected on the first day or
the month, call money rates ruled uret*
ty stiff, and Wall street borrowers were
compelled to pay as high as 9 per cent
for their loans. This more largely, per
haps, than any other circumstance wns ac
countable for the restraint upon the day’s
speculative operations. But Inasmuch ns it
is genera Qy believed that these high
rates will last only a day or two, giving
way when fuuds nre released from tne
monthly settlements, the incident did not
cause any selling of stocks. The strong
est Issues ou the list were 8t. Paul, Union
Pacific, the Steels and Reading. In all
these Instances, short covering had more
to do with the rise, but It 1s believed the
opening '
ling sold
fleeted tnat Important selling of stocks had
ceased.
The stock market after the .
strong In many shares. Reading
* us 1624 and 8t. Paul rose to ii«%.
is wore made In Great Northern pre
ferred, Northern Pacific, Union Pacific and
Southern Pacific, while a heavy supply of
stocks was noted in other Issues.
Government bonds unchanged.
Other bonds steady.
THE LONDON STOCK MARKET.
Atchison
Canadian Pacific
Chic., MIL and St. Paul.
Erie
Illinois Central
Louisville nnd Nashville.
'cnnsyTvunln
Southern Pacific
Union Pacific
United States Steel. .
do. preferred.. .. ..
PRIMARY MOVEMENT.
The following figure* give the primary
movement of wheat and corn.
Wheat receipts today, 1,510,000 buNhcls
against 2.072,000 bushels Inst year. Ship
ment* today 607,000 bushel* against 1,044,000
bushel* ln*t year.
Corn receipts today 806.000 bushels against
607.00) bushels last year. Shipments today
SOUTHERN EXCHANGE
OldMt Established Office South.
conox—STOCKS BONDS—GRAIN
Qronnd Floor Oould Building. Daily
market letter and market manual
mailed on application.
L. J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, GRAIN
Comspondenfs Capital $250,000
REFERENCE. THE NEAL BANK
PHONE MIT. PRUDENTIAL BLDG
REMARKS.
rl-iinm h!!f P o? , th” iHtTefcwwiiere iiio
.hnuge*. were unimportant. Rainfall was
General except In Galveston and Oklahoma
iltsirict* lleniy fall* occurred In West
T«ne*£e, bouth Oeofgln, Florida ..id Al.
’ J. I\. MARBIlltY,
Section Director.
prevailed
MAJOR E. I HALFORD
IS TRAISFERREO
Major E. W. Halford, paymaster of
the department ot the gulf and known
n* one of the most prominent religious
workers of Atlanta, has been transfer
red to Han Francisco and will leave
Bunday.
He will be retired from service In less
than a year.
STOCKS REVIEWED
BY NEW YORK SUN
New York, Oct. 1.—Tho Now York Sun
says: "Tho stock market course last week,
while nprvous nnd Irregular, was down
ward. Out and out manipulation for the
decline wns much in evidence, but undoubt
edly a great deal of genuine liquidation
occurred. It was snld that some of the
largo western speculative houses threw <
over a great portion of their holdings, nnd
two or three of the prominent traders, men
whose dealings nre, an a rule, much larger
than Is commonly estimated, sold stocks
with great freedom. Speaking broadly, the
market showed the effect of those general
Influences making for a decline that al
ways present themselves after n long con
tinued rise In values when, for various
reasons, financial powers of the first rank
cease buying nnd leave the market to it
self. Of course, speculation for the rls#
hnd to contend, In addition to the ptSirsU-
iug feeling of uncertainty over the money
situation, with two hew adverse develop
ments. the capture of the Democrat party
by a Socialist candidate for governor, and
the growing probability that our govern
ment would l>« compelled to make an arm
ed Intervention In Cuba. The belief Is Im
mensely strong In the financial community
that Mr. Ilearst will be beaten at the polls,
yet It Is rightly liebl to be a serious mat
ter from tho financial polut of view that
a man of his views nnd alms nnd meth
ods should huve 1>eeu enabled to attain
such prominence and wield such power In
the politics of the state and the country."
THE METAL MARKET.
New York, Oct. 1.—All grades of coppef
were advanced 4c, creating a new nigh
market price.
Tin advanced sharply in sympathy with
London.
Spot and nearby deliveries of tin were Xe
per pound up.
Lend steady and epelter dull.
NEW YORK COFFEE MARKET.
Following la the opening range nnd close
of the New York coffee market for to
day:
°kp.
iary.. .. .. 6.664.70
ruary 6.65-6.80
ch 6.804.86
April 8.854.90
May ' 6.864.96
June 7.00-7.06
July 7.06-7.10
August .7.06-7.15
September. 7.06-7.16
October 6.404.60
November... .. .. ,, ,, ,.6.504.60
December 6.604.65
Closed steady.
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.
3£ % Compound Interest
I* the rate your money will draw if depoalted In the 8AVINGS
DEPARTMENT of
CENTRAL BANK AND TRUST CORPORATION
CAPITAL $600,000.00. CANDLER BLDG.
STRONG, SAFE, CONSERVATIVE
You are Invited to call and !n,pect our quarter* and investlgata
our facilities to serve you. A hearty welcome awaits you at this
bank.
ASA G. CANDLER, President.
W. H. PATTERSON, Vlee-Prea. A. P. COLE8, Caehler.
JOHN S. OWENS, Vic*-?ree. WM. D. OWENS, Asat. Cashier.
BBS
AVM. U PEEL, President.
ROBERT P. MADDOX. Vice President
THOMAS J. PEEPLES. Cnnhler.
JAMES a. LESTEK, Assistant Cashier.
JAM. P. WINDSOR, Assistant Cashier.
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.
■■■HKilinHi
