The Atlanta Georgian. (Atlanta, GA.) 1906-1907, October 01, 1906, Image 13

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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