The Atlanta Georgian. (Atlanta, GA.) 1906-1907, October 02, 1906, Image 13

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THE ATLANTA GEORGIAN. TI7E8PAY, OCTOBER 2. IMS. 13 ;0TTON DAMAGED: NEWS AND GOSSIP • )f Mio Fleecy staple. South Heavy Buyer While Shorts Are in State of Semi-Panic. MARKET VERY STRONG advance Today Sensational, With Bulls in Con trol. OOOOOOOOOOOOOOOOOOWXWOOOO 2 COTTON CONDITION 5 C ' 9HOW8 SHARP SLUMP, a 2 n'aHiilnirton, Oct. 2.—The crop 0 0 estlniatliiK board of the xgrlcul- O 5 iiirul deportment made the fol- O o Ion Inj report thlo afternoon: O o The nveraje condition of, th# O O cotton crop on September 25 waa O a ;i ii as compared with 77.3 on 0 V ii ” •< a — a—g __ compared with a August 25, IPOS: 71.2 on Septem- O her 25. 1905, and 75.2 September O O 25 1904. and a ten-year average 0 o of'e« *. ^ o o It Is stated In the report that 0 O the foregoing estimate does not 0 O reflect the damage done to the 0 0 cotton crop since September 26, 0 0 by the recent storm. 2oOOCja000000OOOOOO000OO0Oa SPOT COTTON MARKET. Liverpool—Spot cotton quiet anU Arm. Middling upland* 6.AS. Snle* 10,000, Atnerl* . in s.iM. Speculation nml export 5,000. He* •Plpta 10,001. American 7,100. Aflurifn- Quiet, I0’4c. Vow Ynrk—<juj*t. 10.55. Vow rtrlcnn»—Irregular, 1014c. Augusta— Firm. 105-11. Savannah—Firm, 94c. 8t. laoiila—Sternly. 104c- Norfolk— Sternly. 1014c. Boston—(Jtilef. 10.25. Houston—Steady, 94c. Galveston—Firm, 94*. Mem plile— Finn. 101*10. Baltimore— Nomlnnl. 104c. st. Louts—Firm, 1014c. THE MARKET*7n LIVERPOOL. 1.1 rerpool, Oct. 2.—Cotton went eonrltig on the exchange today, In great measure caused 1*2 report* from tile 1’nlted St* tea M the effect flint a great part of flic cot ton crop had been deafroyed by the dlana- trout norm wlilcb swept the cotton atntea recently. Iiujog was feverish and the excitement THE MARKET IN NEW YORK. New York. Oct. 2—Although allowing -m ndrotice than on yesterday, the local •rton market* started full/ aa active and ••udted with flrat price* 4012 point* higher. The South was a large buyer on the call ml ft were Philadelphia Inte rett*. Ac lira ; roflt tnklng by a numl»er of local Inter- -f» who hare been bullish ever alnce the dvnnee started, made little Impression, so •»ad end vigorous wo* the demand. At noon the market was atilt very active, i he dealing* suggested that the interests were trying to check the ndvouce, but their offerings were absorbed by fresh buying, much of which appeared to Im» tot the ae* • ount of Interests In the South. The Llv* •t|nk>i bull clique was believed to 1* sell* lug. one prominent house disposed of JO,* -»V bales. The govern".out report showing the aver* nge condition of the crop to lie 71.6 was better than expected end the list after Its I>iii*llmttou fell 11017 points, followed by rally of 7 points. The rally was abort* lived, however, prices again selling l•••tilings wore heavy. It appeared .••ugh the bulls had sold out before tho ••port was iMiied for the purpose of op* •slug prices nfter Its publication. For three days the bulls have had antlre •'»trol of the cotton market. The bn 11 was started rolling last Bntnr- r. when It was found that cotton lind •■•••ii seriously damaged by the tropical •birm. The people who raise tho fleecy qde were first to And It out; the people »• !»•* deal In the pnper stuff found out later. The latter elnsa are bard to convince thnt anything dlunsiron* ran happen to cotton after once planted, sud get* out of the ui'"ind In good condition, more especially when ihe acreage planted, under favorable • "editions, would produce n yield sufficient »•• meet the world's growing requirements fo. Hie raw material. Tills fins* hns licen eaught short, and to Hu. .-las* nn In* nttril-uted mo sharp *»«!• vn ice of the post three days. They are •w» "paying the fiddler for the dance." T»-*as am 1 the territories will produce a tool crop of cotton. Mississippi, Alabama, i.oinfnim. Georgia and the Carollnaa will produce n crop Indow the average. A* n result, despite the fact that ad* ranee* will in- stubbornly contested, cotton nnd well bring a price satisfactory to .M.'ilu Wlr., *r, wore It Inland. >*« iftrk, (>ct. 2.—Id Liverpool future, 2,verj,h 19017 tin. At 12:15 it. nt. “"•' bale. 1O.U00. Dpot, 2ue to vume 14V4 up Selling by loug aud lo<**t Interests. vnucos should be sufficient for present aud would not buy «t these prices. . Si. ,. ******* report on cotton Is bullish. New* Orlenns, Oct. 2.—Liverpool makes full response to the advance on this side yesterday, and the Tiraes-Deinocrnt's re port on crop condition Is very Dullish. “* ought .to open higher. Tho weather map Is lneouulote. It shows dry weather over Texas, bu erable rain over the central belt, from the East are lacking. The Times*Democrat herewith presents the reports of Its correspondents on ibe progress of the cotton crop during the month of September. The consensus of opinion follows: Ftibt. Taking the m-lt ns n whole, the accounts nre exceedingly gloomy. Even In Texas, the Atlantic states and the terri tories, sections which escaped the brunt of the great storm, there are complaints of damage by excessive rains and a dtstluc' deterioration from the condition u» th, dose of August had been the rule through out the South, even before the disastrous disturbance of Thursday Inst. In Alabama, Mississippi. Arkansas. Tennesson aud por tions of Louisiana, the result ct the tropical hurricane has been deplorable, though no precise estimates of damage are pos slide ax yet. Second. There Is general complaint that Inbor for picking Is scarce, aud that ex cosalve wage* have to lie paid. Third. liuvKges by insects are mentioned Edited by Joseph B. Lively MARKETS Mr. Lively** twenfy-flr* years' experience of ed iting markets In Atlanta and the South haa made bltu a recognised au thority In hla specialty. TIPS FLASHED From Wall Street RANGE OF NEW YORK STOCKS AND COTTON MARKETS \ay New York, Oct. 2.—Liverpool nt 12:20 p. i. was up. About ns exp • ted. Mr. Price Is reported to have sent out a gluner*' report last ulght to his corres pondents. The government report on crop condition k expected nt 1 p. ui.. and the glnners’ Is in** at 2 p. tit. today. Both carry crop to fteptembar 23. i he Journal of Commerce condition oir ,.l» comperes with KM same date In 1906 ltd G‘J.9 In 1904. Carpenter, llaggot & Company say: the government Average figures ore lower than 71.9 It means an average for the live months «»f the sen sou of 80 |»er cent, which Is bearish. ' ~ nl of Commerce soys: " _ ... k opened quiet lind tlrin. visions of prl**es were announced In heavy cottons to the extent of refusing to sell further at tho low range of values which been prevailing. The leading ticket" time this week. may lie announced at any ATLANTA MARKETS. FRUITS AND PRODUCE, otrirlallr eorrerteu by Atlamm Fruit Produce exchange. Iremnna. 97.50. I .lmd. 6O07G<\ •incpplci. 91.5062,W. _ . l,o.ii.i,. itriirbtx p,r bunch, 91.5091.79. Cull,, imt tiuiich, 91.0001.25. CALIFORNIA h otllIT—Fancy ,tock: Elirerta pwichM, irer box, 9150. Mountain Ilartlott p,«r,. per box. 93.B. OroM plum., per crnt». 92. Columbian prune, per emu, 97. Hoi, l>,rn jrnpea. per ernto. 99.00 llluo Molvolw xrnp..«, per rrnl,. 92.00. poultry jB/d "ouktKv produce- Ut, bens, 35017Vic; frl,i. rV4025c: bruit •n. 190stjc. 1 frlM. II Buft. ratable, per ikiub Inc. per pound. liMrBUc. Honey, new. 5010c ikk [HMind. 2002255c; cook 1 tiound; In one-pound LBS—lrl,h oottooei, Hu atock. per bu.hel. 91.06. . _ , t L'abbato (VlrKlnla). lHc pound; Daulah l Tlm« bean, per pound, 9c; Warj, 12.19 8*' bu.hel. , ' Onlona, per buehel. 91,2*.. w , g , rru.: w gLy; , eT. ,o a-79 Mc bu,b "- ?»Jr^ N pil,™«oud patent. IS.25; Msscontnh Star, 14.70: fancy *vra.’ timi c*.-«- si is* Blue Rlbnos. t patent, $5.t? tho •T up to nnd Including September rt 714 Is bearish. It, however, nee* not cc cr the storm period. In which the entire belt hus suffered serlnu* Injury. * was better tl _. through the ses loiiowina l* the range In the cotton mar ket In UvAr|K>ol today: ^ Open, filth. Ijiw. Got Nov '5.0 SJi 6.42 Jsn.-Fcb 5.47 5.59 5.45% M^h April 6.62 5.64 6.48 M:»y June 5.57 6.67 6.62 •New York n.is strong at the opening i ►uarp advances, nnd ns the session at. vaneed the strength Increased, forcing nil months nrross the lftc mnrk. vermin-\f report enuaed a rapid de* nmeillstcly after It* nul>* i sharp slump: In fact. P' . •» ft... gains were loet. prices w polnta nboro the done fllne of price: llentlnii 1 fost of the • showing only on Monday.* LstlmntM ltecelpts Tomorrow— This Year, lait Year. New Orleans . . . 4.60) to 5.5*) 2.J40 (talveston 17,6*1 to 18,000 25.797 Houston 12.000 to 18,000 18,578 The second government report, thnt Is. Lie report on the number of twilea ginned up to nod Including September 25, wan U- •uod nt 10 o'clock. 2/iVi against 2.358,031. .This wn* construed an bullish and more thsn offset the farornble condition report was shown In the sensational ndranco fot- .owjfig ft* publication, prices moving up* wird In lenps and Imumls to the highest pcint of the session with greater excltc- K |h«ft« hn» l>een wltnesw^J In many At the dote the market patent! 14.50; Red Eagle. 2415; I 6.90: fancy, 22.90; spring wheat ®CORN~Tholce red cob. 72c; No. 2 white, 70c; No. 2 yellow, 09c: mixed. «C. - OATS—Choice while ellpmal, 48c: choice white, 47c; choice mixed, 45c; Texas mat* pr STEAId-’Plaln water-ground, n** h‘»shel 07c: bolted, 14>)*potind Jutes per bushel, 65c; Shorts, white. 11.50: medlom. 11.40: browa, 21.30; pure bran. 91.10; mixed brsn. 21.06. HAY—Timothy, choice Inrge bales, 91.II: do., choice small bale*. IJ.I0; da. So. I timothy bales, 51.06; So. I, 21*00, do., No. 1, cloevr mixed 81.00; do.. No. - clover mixed, 11.00. m ^ ^ 91.00: -choice Bermuda, 75c. _ ICY^tJcorgla, 11.10; Teunessee, 90c. Bar* lf, r’he above prices are f. o. U. Atlanta. QROCERIE8. ‘ ranulstt-. w-— utatlons, 6c. Market V T'O F F Roe sted Arbnckle'a 912.50. balk. In bags oi barrels. i3c; green, 100 ' 7 RICE—Carolina 4W07HC. aeeordlnf .la crnilo. Now oro|i will arriro In Iwp * CHEESE—Fancy full irtoin dairy, twlna, 14V. MarVrt airnnt. PROVISIONS—Snnrrmc ham*. Wr. Djt, ham a, 1514c. California hamn. 99.00; Rod Cross hama. I6r. I>rr aalt -xlra riba, 99.11 brlllra, 904 Iba.. 910.96; fat harka. 9c; plalai 9.-: Snnrrmr lanl. 910.12H: Rrd Croat. IOi Snow Drift comnouml. 7V: R»d Croat. TV NAME OF STOCK. :::. Amarlcaa Bu(ar U«f. Anaconda Amrrlcan Locomotlr* . do, nrefwNd Anwr. Rmalrinf It.f AfJLrfY??-.:::;::: Amrrloan'SVtton'OIL'. ! ! ! A**t. Car Poumirr Brook??™ApId'Tran!. cSi? d i"Ufpfc,iri.;: : Fhatopyak, A Ohio Colorado Pool A Iron.. . . Leutnil leather do, preforred :: polaware it Ilndkon... . . Dljtlilar'a Socurltlva..... Moilran Centrnl. . . . ! Mlaaourl ParlOc NAME OP STOCK. A. V.. Oat. h Wattorn. National [nO Northern Farlflr. . . . . New York Ceutral. . . . Norfolk A Weateru. . . Pennaylraula People's Gat Treated Steel C«r. . . . do. preferred. , . ’nclfle Mall leading epubllc Steel oclt Inland no. preforrod United Statoe Rubber. . do. preferred •anthem Puclflc Southern Rnllwap. . . . do. preferred Sloan Sheffield Tenn. Coal it Iron. . . . Texan A Pacific Union Pacific. United Statea Steel. . . do. preferred. Weateru Union. Wabai ‘ Central. - So, praferred. , a'lualna bid, not received—wire troubieT NEW YORK. Oct. . . Nov. . . Dec. . . Jau. . . Feb. . . March. May.. . 53 l iB id.46;T(J.46 42 i.93 t'olscd strong. 8.9h y.< 11 pi.uiw i0,ix)-ai riO.IT-59j 10.09*06 I 16.SI|1O.24 ! M.«7-0:1O.1M4 » 10.20 10.74 1'). 73-7511U. 19-2 ■> : 10.41 10.83 10 82 31 | Wm 10.41 lio.44|10.41-85 10.33-35 i'ioiw 16.4410.M 10.18-90 19.95*39 LIVERPOOL. TU following table given tbs opening rang* and close, compared with yesterday's Futures opened firm. Opening October . . Oct.. Nor.. . Nov. Dec. . Peo..Jnu. . Jnn.-Feh. . Feh.-Mche. . Mch. Apr. . Previous Range. Close. Close. . 6 55 -6.59 5.83 5,»^ . .5.49 -5.43 5.6S 6.93 . .6.48 *5.42 6.69 5.30' . .646 -6.44 5.67 6.81' . .6.47 *6.444 661 6.32< .5.634^.46% 6.60 6.3V. . .6.5! -5.4V 6.624 5.364 .6.66 41.5514 6.64 6.38 -6.62 6.66 5.40 5.414 •5.54 1.67 NEW ORLEANS. The following Is the range In cotton fu tures In New nr lea ns today: I a £ r S3 i 1* Oct Nor. .... Dec Jnn Feb. March. . . . May Jn n July 10.26 10.10 l 10.60 10.48 10.00 ib\k 10.62 ioJo 10.66 10.75 10.G9 10.5*5 10.72 10.06 10.26 9.9.) 10.08 10.69 10.15 10.60 to! 85 10.40 f0.40-411 9.*9-lb 10.20 10.47-«9 10.04-07 10.&0 10.60-61 10.07-08 10.59 10.68 5WW.16.17 10.69 10.65-67 10.22-24 10.79 10.78-79 10.34-16 10.72 10.88,90 10.60-61 .... 10. M-96 10.54-66 10.86110.98-11110.59 60 THE WEATHER. LOCAL FORECAST. For Atiantu and Vicinity—Rais tonight and Wednesday; somewhat warmer Wednes day* WEATHER IN WHEAT BELT. Extreme Northwest-Fair to clear, 34 to 49 above. Northwest—Partly cloudy, 44 to 64 above. West and Southwest—Clear, M to 66 de grees ubovc. Ohio Valley—Generally cloudy, 52 to 62 above; local rulus. WEATHER FORECA8T. Last 4- ioriun—Ualu Tuesday and lVeduea* West Florida, Alabama, Mississippi aud .ouisiana—Miowers luesuay and probably \\ eduesdny Last Texas—Fair Tuesday, except ralu In extreme eastern portion; Wednesday fair. West Texas and indiau Territory—Fair Tuesday and NN vdoesdiy. Arkansas aud Tennessee—Rtlo Tuesday and Wednesday. WEATHER CONDITIONS. The storm lu the cast gulf has moved very slowly since Monday morulug, and la atiil centered to the south of the Alabama ixmisL t*o far it seems Jets severe than the one of several days ago. The lowest press ure reported Is Jb.66 luebes at MobHe, a slight uecrunse since yesterday morolug. As a result of this storm Area, ciouily weather with general rains prevail over the eastern half oi the cotton belt. The. following sta tions report one Inch or more rain Ju the last 24 uours: Macon, Ga., 2.6$; Thomas* vllle, Ga., l.ls; Birmingham, Ala., 1.64; But ler, Ga., 2.14; Dshlonegu, Ga., l.*£ Inches. ’Ihe barometer Is highest over the north Atlnutic coast, Imt there has been a gen eral decrease tu pressure at nearly all sta tions. Thu condition* favor rnlu In this sertfou tonight aud Wednesday; oouiewhot warmer Wednesday. J. ». MAKBUKY, Sectlou Director. WHEAT MARKET 1 CHAPPY AFFAIR Was Up and Down in Quick Suc cession, Closing Over a Cent Lower. Chicago, Oct. 2.—Tho pit crowd In wheat was against the price nml against Valen tine. ns he purchased millions of bushels of that cereal. Thhy filled him up until ho retreated. The market was n cboppj Hffalr. It was up nnd down In quirk succession. It closed l®14c lower for th# day. Corn clos'd Htjtle lower. Oats were off 4<84c. Prov* loan were off a shade. L* .Ii sales at New York were thirty boot load* of wheat, tire of cam etui 200,WO bushel* of oat*. At t’hlcngo they wera 25.* 000 bushels wheat, 60,000 bushels corn, and 91.000 bushels oats: The world'* aval _ Increased 10,000,000 bushels compared with an Increase of 2.662.000 bush els a year ago. Corn Increased 814,000 bush els and oats Increased 239,000 bushels for tht Primary receipts were 1.426.000 bushels of heat and 724.000 bushels corn, rompti with 1,766.000 bushels nnd 690,000 bushels COTTON REGION BULLETIN. STATIONS OF us coinpnreu wpm jtpifpib) * ifiiiniii* the advance for vosterdn.v nml today over 100 points, or 95 per hate. It would not be nurprlstng to see * action follow such a rapid advance. How' ever, It Is thought It can be only tempor ary. TODAY’S PORT RECEIPTS. ports last ; New Orleans. . Galveston. . . Mobile blivsnnnb. . . Charleston. . . Wilmington. . Norfolk. . . . Baltimore. . . Boston. . . . Jacksonville. . Totnl (Incomplete).. 62858 1906 4336 27194 46.SO 1768M 2498 4688 6320 INTERIOR MOVEMENT. . lie following tnnre show* receipt* Inferior town* today, compared with the same day last year: Gif ERT & CLAY 1 ALABAMA BT. kTOCKA BONDS. COTTON. CHAIN, come, pho vision. ATLANTA, OA. Kiekknj.IN.1T Orlmn. Cotton Knhnnf.ICkle.jo C*n York Cotton Ekchtnf..lN>w Orl.nni Stork Eiehonjo. Llterpool Cotton AHonttlra >•* York Coffin lick.Cj..|xotT Orle.n, Board of TroSo.ltlolvootou Cotton Licboog. • l-rlmto Wire, to nil EsdunsM. L.enl ind L.na Dl.tnne. T.I.phon. 629*. Vf. R. FAGAN, M.nan.N ALONZO RICHARDSON & CO.» PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone, Main 858. ATLANTA, GEORGIA Gainesville. _ Greenville, rain. Griffin, eland/. . . •Mncon, cloudy. . . Montlcello, cloudy. . Newnsn. rain. . . . Homo, cloudy Hpnrtanburg. rain. . •pectlvely h year ago. Clearances of wheat 727,000, 25,000 bushels corn aud 5.600 bushels oats. CHICAGO GRAIN MARKET. for today High. Low. Close. C'loae. SS 434 8.874 8.55 7.90 75*4 344 St M B % P WHEAT— I> * D Dec. . . 764 May. . . 604 COllN- Dec. . . 434 Mav. . . 4i OATS— Dec. . May. . July. . IOUK- Jnn, . .13.424 13.45 13.35 13.35 13.424 LAUD- Oft. . . 8.874 8.874 8.874 8.874 8.624 Nov. . . 8.51 " ” * “ “ * Jmii. . . 7.874 SIPES— Oct. . . 8.40 Jan. . . 7.15 r-ASH WHEAT- * No. 2 red, 74t»76; No. 3 do.. 730744; No. hard winter, 744075; No. 3 do., 74^744- CHICAGO CAR LOTS. WORLD’S MARKETS WERE OVERSOLD New York, Oct. 2.—The Snn says: The world's cotton markets were evidently over sold, nnd the result has been nseml-pniilc among the lieiira for some days past. Yes terday even stolid Liverpool took the alarm nnd advanced equal to 4* In our money. Cotton peopln nre still In the dnrk ns to the setunl damage done by the great storm of last week. Tho reports are contradictory, some affirming that the Injury is slight, others thnt It Is far more serious than the bears here nnd nt the Smith nre willing to admit. Moreover, another West Indian storm was said to be threatening, this one nnd thus does not Include the etnrm, l»e they smail or great. Home low tempers tore* were reported In Texas nnd rains were predicted for tho gulf nnd Atlan tic states with northeast winds. Manufac turers were buying futures nnd Wall street end pool bull* were acting on the aggres sive. Shorts all over th* country covered. At the same time the South sold rather freely against the actual cotton, and there - — 1 deal of realising, as It was the rise of late has l***n simply nt tho expense of frightened shorts rather tnsn because of any demonstrated serious Injury to the crop. Heavy ralmi occurred In the eentrnl nnd Atlantic sections of the belt. Much cotton Is said to have been blown down In the ccu- trsl section. New Orleans and Memphis dispatches In some cases declared the dn Private Wire to Ware A Leland. New York, Oct. 3.—Anaconda up 8 polnta Jn London. Atchison up 1 point and expected dividend tomorrow will be declared to equal • per cent for Atchison com mon. Bullish sentiment not quite so pro nounced in quarters that have been active in the market, and while the Impression seems to be gaining ground that 'monetary conditions may work easier Inter In the week, It Is still ap parent that long stocks are being liquD dated wherever the market permits. Attention la being called to a num ber of the low priced rails, especially In tho southwest group, as well as to car nnd Foundry and other low priced Industrials. Reading may be lifted higher, but think It advisable not to follow it up and would only buy the good stocks when unduly depressed. New York Financial Bureau: Specialty Improvement should coutlnoe In the stock market today. Wo would assume position of conservative bullishness on .... general market. Money In working easier and the political sltuntlnii secnis fo work moR* In favor of “Wall street's candidate" dally. Developments over night show that the stream of gold directed toward* this center Is hard to stop, having gained a great momentum from both natural nml artificial factors We do not expect fo see a wild market—far from It—but we look for Improvement under specialty leadership ns the preMcnt outlook favors It. The Cuban situation Is relegated far from f.usnclsl consideration nnd the re turn of Boot from a very successful tour of South America must not lie overlooked ss a really beneficial fumlsmentnl for the future. The yenr has been n hard one lit le respects, but the great prosperity fuigh bumper eropa hat tiecn n hard In some respects, imt the great proa Ity through bumper crops hns offset It n great extent, If sot entirely. New York, Oct. 2.—Marshall, Spader t Co.: Most things point to strength ould logically bo unward, with nough sympathetic strength In other irectlons to encourage belief in a Igher market. Daniel Odell A Co.: We look for con- Inued Improvement In specialties to. ay. The tone exhibited was bullish nd the powers are evidently willing to ee a gradual hardening of prices. Still we expect recessions from time to time, however, i\ .1 would buy standard ralla on sofi spots. Diiw-Joncs' Summary. American In Loll dou arc steady at about parity. Atchison dividend meeting tomorrow. Government crop nqtort comes today. Gold Imports ngnlnst government depos its so for 138,472,0W), of which $22,083,000 has *ved. ton surplus for year equal to 1.28, per cent on common. Money situation better now than when the crop currency movement began In An gust. AT I£OPENING Exceptions to the General Advance Were Few in in Number. DECLINES SLIGHT Yesterday’s Quick Invited Profit Taking. Risa Washington. Election betting atUI 2 to 1 on Hughes. Cost of landing nnd maintaining 10,000 troops In Cuba for two months and return* lug them to this country estimated at 830, ooftooo. Twelve Industrials advanced .79 per cent Twenty active railroad* advanced .0 cent. STOCKS REVIEWED BY NEW YORK SUN York. Oct. 2.—The Hun says: "A much stronger tone than ha* recently been as approaching chsuuci from , .. Issued today, nnd also the weather and the news about the extent of the recent damage to the crop.—Glbert A Clay. New Orleans. Oct. 2.—The Time* Demo crat snys: Many a once confident short who had held on by the toe* fell victim to IllngTral desire for safety at almost any it uptet bearish theories completely, slid . ../Ing commission# kept wire house wires blin ked pretty much all day. In so far ns the talent knew, storm damage of impor tance had occurred In a few localities onlv, but the report of n fresh storm brewing In the Yucatan channel gave tnc a vertigo Itear u bad day. The Idg effect of the old stornt will probably be felt most by the man who at soiled cotton to help him out of his trot) Ides. Yesterday exporters bid 3 polnta on the December option for October delivery evidenced Mean •Minimum temperatures are for the 12- hour period ending at 8 s. m. this date. IIKAVY UAIXFAI.L8. Mnrtarnn. Fl* ;-JJ Wilmington. N. C Birmingham. Ala ....1«4 CENTRAL STATION. b*ir i « = III Dlst. Averagea. Temp'ture. Hi Max. Min. = 55 r= Atlanta Augusta Charleston Mobile Montgomery Savannah Wilmington ii 6 5 17 9 76 8 :s w 8 62 *> G6 s 8 1.04 .40 .48 .32 .60 Wheat.. Corn., .. oats.. .. Hogs.. .. LIVERPOOL GRAIN MARKET. Wheat opened 4 higher; 1:2 p. m., 4 to 4 lower; closed 4 to 4 lower. Corn opened unchanged: 1:3 higher to unchanged; closed un< InjU. * NORTHWEST CARS. The following figures give the northwest cars of today. Tsat week nnd Inst year: Last Last Today. Week. Year. Minneapolis Duluth. 777 6ft) 570 REMARKS. The weather wss decidedly cooler over he eastern portion of the l»el! Ilalna were general, with heavy amount* reported front Georgia, North c’nrollnn. Florida, and Ala bama All report* from western districts mlwtnjon account of -lo THE METAL MARKET. New York, Oct. 2.-Tbe ntetal market s trading was quiet nnd prices slightly Ir regular. Topper atroug but unchanged. Tin down 4«' Lead and spelter were easy. GENERAL DUVALL TO AWAIT GE ORDERS IN ATLANTA. Washington, oct. 2.—Brigadier Gen eral W. P. Duvall, commanding the Department,of the Gulf, with head quarters In Atlnntn, who was at the war department yesterday In confer ence with General Bell, chief of staff, anil Other officers, with regard to the movement of troop* In his department that have been ordered to Newport Sewn for embarkation to Cuba, left here bud night for Atlanta, where ho will hold himself In readiness for or- , dors to Culm In case any more general officers arc required In the enforce-1 ment of the peaceful occupation of the island. STOCKS AND BONDS. Bid. Asked. ..Ill 113 „1« :h. 6s. 19 Hnvtinnsh B«. 1909... Macons 6s, 1910 Atlanta, 5s. 1911.... Atlanta, “ Atlanta • Atlanta «■,<*£-. ...... — lj* Atlanta and Weat Point. . . .1<» Atlanta and West Point Debts.. 107 Central Hallway of Georgia 1st do. Income do. 2d Income do. 3d Income Georgia 265 Augusta and Savannah 115 Southwestern Ilf Georgia Pacific lata 120 C.j C. and A. 1st* U3 8* receipt# at Sen Orleans nml Houston line, to the student of the staple, emphasised the fact that the Galveston movement for September was about 45 per cent of the whole, ss against aliout 33 1-9 per cent last year, and to this extent Texas has been carrying the movement bardcu of the belt nt large. The government condition average should not show stornt damage. At the moment the weather being practically the only In fluence that really counts, the course of the cotton market Is too complex n iniszle for the expression of conscientious opinion. The outlook Is dsngerons or safe, according to the logic the man follows, rather than the statistical calculations he hns heretofore tched carefully. Yesterday's net gain of noticed In the atock market prevailed /•*- terday from tho loginning to the end of business hours, reflecting undoubtedly s “ “ ig among specol ndouhtediy general feeling among speculative opei tors that for the time Iwlng at least t force i . a Nous adverse factors with which the market has had to contend In the near* by past had considerably lesaeued. The end of the Cuban situation la not yet. of courae, but from Mil appeMmncoe there are likely to he few developments In It thnt the financial community will count at harmful. During the last week the con vlctlou has steadily deepened In the minds of nil thoughtful observers that the Ilesrst candidacy for the governorship will meet an overwhelming defeat at the polls, while In an affirmative sense the strength of the opposing candidate has Jnst as steadily grown. Another rise in the price of raw copper occurred here and In London, thnt In the foreign market Itelng especially pnv uotinred. In our market, aside from tha general Influence making for the better feeling, there were no specific develop ment! of note. It Is clear that the tech nical position of the market has been helped by the recent liquidation of wenk holdings and by the throwing over of stocks by certain, Inrge speculative •plungers, nnd It Is also well understood thnt commitments for the decline In the hold It.—Ware A Leland. New York, Oct. 2.—The vsrtoua develop* ments which have, during the Inst few days, made the stock market outlook more nt» tractive continued to make their Influence felt today. For the most part prices ad vanced. although there were enough excep tion* to the upward movement to provf tlmt yesterday s quick rise had Invited heavy profit-taking sales. This sort of sell ing appeared rather conspicuously In tht; I'nclfic stocks. In fit. l*aul. In Pennsylrinla, j and In Baltimore aud Ohio. But. On tha' other hand, fhp I'nlfed Stare* Steel share* continued to lw Isnight heavily nt advances. In expectation of Immediate anonuncemcnt of the ore land lease, and the Itock Island, Coppers. Texaa I'ncIHc and Atchlaon wart also extremely strong dnring the morning. The market waa encouraged by th# relaxa tion in call money rate* which by mid-day were down to 5 per cent and by further Indications that the premiums charged re cently to borrowers of time money wert I soon to disappear. This demonstration of the adequacy of recent money market relief of course caused less attention to be paid to the movements of foreign exchange and th* IKisslldllty of an advance In foreign bank rates. New York. Oct. 2.—The stock market opened almost generally higher and In thf flrat i minutes gains were established of from 44tfl per cent. Copper nnd New, lork Central advanced 4 and 1'ennsyl-t vnnin, Erie. Steel preferred and Colorado* Fuel rose 4. The stock market waa more uniformly strong this morning than at any time In a long period, exceptions to the general ad vance being few, nnd where losses wert tnndo It was for some special reason pecu liar to certain stocks. The feature or tbs trading waa the activity in low-priced* stocks, led by Rock Island. Exceptions to the goners I strength were Ice SecurUlcg, and iMstllling Securities. Governments unchanged. Other bonds art* 1 active. LONDON STOCK' MARKET. Anaconda . Atchison Canadian Pacific . . / . Chicago. Mil. 4k fit. Paul Erie Illinois Central Louisville and Nashvllla . Bending . .' Pennsylvania ........ Southern Pacific I'nlon Pacific United Btates flteel .... do. pref. . NEW YORK COFFEE MARKET. of the New York 'coffee mark Januaty 6.60-6.65 February 6.75-6JI) March 6.70-i.ao ftf:.- T::: - :::: H June 0J Jnly 6.96-7.00 August 7.00-7.06 September .. 7.06-7.10 Ortoliet 6.26-6.46 November 6.40-6A6 December 6.56-6.60 Closed steady. LIVE STOCK MARKET. up: quality fair; left over 3,439; bulf 84.000 «.«; estimated for tomorrow 28.000; light hogs 96 2506.774; ml*ed $6.1506.80; heavy to choir. - ' ' " Market «>w, > Jiroo 9960C9 9.90; gno.1 prim. .trer. 99.-07: po« to niwllnm 94.M0I.9O; .twk.ra and fMd.ro —K.Mmiff.tJ receipt. JLIYW. M.rk.t weak; nunlit? fair: natlrea 9*09.45; wtot- ,rn 9904.90; TMtllnj. ».»,&»; Umbo 11.250790; woot.rn 94.807.49. THE 8UOAr"mARKET. Xu York, Oct. }.—r«p»l rcflncl and rare atijar market# ,t«dr and tmciiatwod. I^ndnn I re. I. .tpadjr; October 9» 9\d; No. rMnlrer *• 4Vfcd. SOUTHERN EXCHANGE Oldect E.tabllahcd Office South. comm— siocis—- rows- ~em Ground Floor Gould Building. Dolly market letter and market manual mailed nn application. 0 L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN ComspoiteBt’s Cipitil {750,000 KCrCRKMCC. THE NEAL BANK PHONE MIT. PRUDENTIAL BLOG HUBBARD BROS & CO.,,Sis Atlanta Offices, 210-221 Century Building. _ Members New York Cotton Exchange, New Or leans Cotton Exchange, Liverpool Cotton Asso ciation, Chicago Board of Trade, New York Cof fee Exchange, New York Produce Exchange. Business solicited for the shove exchangee. Direct wire service. Correspondence invited. Phonee 459, Long Distance 34. A. S. Hustace. Mgr. 0)1. I.. PEEL, Pr.tld.Dt ROBERT F. MADDOX, ties Prertd.al TIIOMAlt J. PBEPT.ER. Cartier. . JAMES a l.KSTKK. Artlat.Bt Caab af. JAM. p. Wl.sixum. Artlatnnt fa.hl.r. 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. r ATLANTA NATIONAL BANK ATLANTA, GA. c. C. CURRIER, President. A. E. THORNTON. Vlcr-Pro.-denl, H. T. INMAN, Vkt President. GEO. R. DONOVAN, Cashier. JAMES*). FLOYD, Asa’t Cashier. Capital $500,000.00 Surplus and Undivided Profits $500,000.00 We Solicit Your Patronage. Safe Deposit Boxes For rent m our oaulh in the basement of the Empire (Building for only $5.00 each per annum. Absolute Security and all Modem Conveniences You should not be without one. We Inode you to call and inspect them