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THE ATLANTA GEORGIAN. FRIDAY. •*»< I • iHR! 13 Ijj New York March, April-, May and July Closed at 11c Mark. ALL NEWS BULLISH Recent Wet Weather Has Seriously Damaged Cotton. SPOT COTTON_ MARKET. x LlmiMMl. •put pottos Snn: mUldlluf up- 1.1,,], 6.14(1; snles S.0M: AiuorlMm ,,400; ifM-i-iiIniifii nnrl export 5»; fwclpts 1.460, nil Amcrlcsn. Allmitn. steady «t 1W-. N>« Vnrk. 'inlft «1 Il 'J'- New dries ns. Arm Atigii'tn. atpndjr nt l«Jp* St. lAMlia. nriu in Mcmphl*. firm »t lOttr. Norfolk, atendy nt ICft*. Char lesion, firm nt lOfte* \>r York. Oct. 5.—Tb* cotton market trading at the opening wm wild. Price* wore Influenced by hen vy buy Inc on strong Liverpool market nnd ttufuvnmfde weather rnudliloiiN In the South. The flr«t quoin- (Inns uorc /ollowed br reaction* of J8 •mliiis. nnd then the lift advanced 3S points above Inst night. The Int* mlvntice ye*te/»lar In New York of some 21 point* was mild, na compared with (he fiction of all cotton market* at the opening thla iuornInf. IJrernool wau flr*t to open. It wm illghtlv belter than expected to atnrt with, but Immediately after the mveniug the up turn wns of n aeuantlonnl nature, with the narket more active than for tuontha past. At the done prices In that market werr jTtyBSl point* higher, with the tone fe 'The* range wn* wide, the difference be tween the hlghrnt nnd lowe*t point* be- in* 23f/24 point* In Ihe active month*. Following is tb* range lu the cotton nia ket In Liverpool toda>. Open. High. leotr. Oeteher-Noveinber. . . .5.64 5.87 6.61% January Koiirua.*y- . . $.«» bW 5.M 31a reh-April $-{J 5.91 6.67 MnrJnne 5. <3 5.96 5.73 Tin* spot market wa» firm nt nu ndvam of 18 mints, making middling f».14d. The demand wn* only uuMlerute, *|iluuer* taking |.ai) bale* nt the advance. A full response to the early Liverpool advance would have l*#en an improvement cf 204 mints at thv opfigng, but New York hflil the bull fever In nil acute stage, and 2tf|4 point* advance wa* decidedly too slow for exUtlag condition*, hence the ring presented au active wild *eene wheu the gong tapped. Appatetitly little ntten- tlon was paid to what prices should Im. Everybody wonted cotton. 0| the price* asked. A* a ret, quotations were 17035 point* higher—the advance landing May and July lu the He eelumu. The market galne<l strength a* tb slou advanced, and up to midday the Ins Improvement wa* tucreased 15039 points, adding March aud April to Mr 3011-. nil going altovo 11c. Realising sale* caused a reaction ot the high point, though the undertone was Arm. The New Orleans morket was also dccld edly Arm. the active months all crossing the 11c mark during the enrly trading. The following private wire telegram de scribes the later market lu 4hat center: ‘ The market la quiet. Short* nrq sick, and there Is po soiling power at all lu evi dence." The dominant factor for the advance since last Saturday has been the belief that the crop has been seriously dininged by the recont decidedly-unfavorable wentk- NEWS AM) GOSSIP Of the Pieecy Staple. l ’flva»e Wire to athert ft Cloy. I 0t '- 5 —Mvcrpml lit 1«;S0 n. 111.. 161(14 Ulstier, Wa. iluo U higher. We •1)001(1 upon .tfl UtKlHV “ u rh» government mil today Issue a re- port of .lock cotto-j on bimd cud enusmup- Tlie Commercial soys: "The next glti- .. , now report, up to October IS la sure to * v ‘ mako a l.iiUl.li showing." Liverpool rabies: "Market mainly prnfra- ‘ slntinl, lint steady; fooling iiul"-’ ! — -■ count of ulroiigtb of notanl ci l-ro,t In norlCiroet lint night. The specula tlvo huuglnatlon t, *o In fisaied that any lion, odvlco to Ibo cron, ovoii If It I hi unroUnlilo, baa. nu Imuiedliito offoot, nu<l until people recover their Edited by Joseph 13. Lively ARKETS Mr. Lively’s ltrrii?y»flvi* yer.rs r::jterlcnc»» «f mb Itlng nmrUcts to Atlanta and the Houth has made lilh) a recogulned au thority Iu Ul* specialty. TICS FLASHED from Wall Street RANGE OF NEW YORK STOCKS AND COTTON MARKETS ■OTH0P0P... people r_0Hpi senses, n market opinion Is vulueles* Imd weather of lost week lias cknugcu the entire market outlook, und tlucti “ aro likely to bo erratic for sonw days,, nnd executions, we fear, olll be Ulsup. polntlug In wauy Instances. New Orleans. Oct. 5.—Liverpool nt 13014 up It as due on our market. Spot U up shows the strength of that department, A dispatch from Ifcarne, K«»iiert*oii man' ty. Texus. says: "Hlucc the cotton mar ket has taken on an advance, the farm ers arc taking advantage of It. and am selling freely. Prlvnts Wire to Ware A Ireland. New Y'ork. Oct. 5.—Liverpool futures opeued steady 11 up ou near aud 10 up on Into. At 12:15 p. ul. 15 up on October niul 12013% up on balance, und quiet, hut Steady. wiles 8,090 spot*. 6.14d—la up, Futures were due to come 908% up. Liverpool cables; "Hood Ferule does not think market can give way much at R resent. Shorts nervous, aud still n large iu» of them." t’nrpeiitcr. Baggott & Co. say: ••Every thing secius favorable to an advance In the market In anticipation of a verv bull ish gluner** report next time.* crop, especially at this season of the year. It Is now dawning upoa the trade thht probably the worst Uns not been told: that 13,00,000-bale estimates are lielng abandoned, and that 11,000,000 will bo nearer the tig- Well Bros., of Montgomery, In their crop er could be called tlnio. Repi fairly fa ravorable. The period hnd a refreshing Influence ou thut K rtlon of the crop which was subjected the heated spell during August nnd consequent rust, which was quite preva lent. and deterioration which had the cotton plant showed a reviving tend eacr, the top ot the stalks becoming again ijreen. in some Instances, the plant lir deteriorated to such an extent that we could not bat estimate up to that period a considerable shrinkage of the yield, as com- ffcwd *lth last year, In the Atlantic states. • Alabama—probably a half million to W0.000 hales. . Ba September 20, we eatlmated that from 50 to 60 ner cent of the cotton hnd opened, of which probnbly one-third hnd . , n Adhered, the balance remaining un picked. while we estimated that 40 to 50 per cent mas still to open. . At this June- Jure, as Is well known to the trade, the tropical storm set In with violence In the Atlantic and gulf states, accompanied by torrential rains. Up to this date, the rain* nive not ceased. All tnauner of reports "firt'ng *he cotton crop are afloat. The fftlng of the stalk, or liendlng over of the stalk, (■ pointed, out as a sign of the ■topp.ife of future development or taking new fmlt, which, of course. Is a SJJJJffPW- no far. It la claimed that con- 0 P<*n <*otton has been blown out of the Ixtlla, and l> lying on the ""''king, and will nrobobly not be JSSSJ "P, The nmount of cotton In tills w 11 ? r,n, nied to be conalderable; nnd *• abundant reason for this hnve lieen telegraphed to by n srent number of our friends for an estimate in in'V ,in,n f* that ho* l»een done, and Lirini 'hstancea we have lieen reticent In nn estimate, for the reason that w*» :: to Vw 1 l,f#n nh,e *° thoroughly Investl- !? ro,, ffh our own agents, aud re- liistnnl. m othfr •***+§, In a great many X ". nre opinions, and we fear, uu- SenSSif* # . x *fk^ted. There la hanlly a 22a?t by which to be cabled, conse- lie ,! *'9 Jwi'itRfU mould When m*e tnke after u m' u r,,, ° 11 th *! weather Ucre- towsr.^, L -all-powerful Influence the r#m r*y' n « nr minimising dsmsrn ^ ther< * ( * nne fwtturo of the that f. tu** ™ never lie remedied, and n'i*llty L of that portion which t"n daTJ P', n ,n -t b r during the last ure Ii r A h ^<*t from the present moist- rtverf f n r ^ards a top i%.p, may be d#. Ste ^tluna. provided a very Bn!!?*! J xnu1 ' 1 assured." tat to ,h g„i!!f W week, accord- York t ( iiZ r,n, ! ,| d ,nl of the New rs cotton exchange, 384.000 bales, ugalust THE WEATHER. LOCAL FORECAST. For Atlanta nnd Vlelnlty-Unln tonight, followed by clearing and cooler Saturday. WEATHER CC EDITIONS. Cloudy weather eontlnuea east of the Rooky Mountains nnd rnlns have lieciii gen- ernl In southern Texas, the lower Mlasl*- alppl volley and nt stations In Alabama, Tennessee and northeastward Into New Yotk. Ruin was falling nt Shreveport, Vicksburg. Meridian. Memphis nnd Birming ham this morning. The following heavy 21- hour rainfalls nre reported; Vicksburg, 3 Galveston. 2.10; Cornu* Chrlstl. 1.90. The pressure Is lowest over the Great Lakes and ou the coast of Texas. Moving lu over the northwest Is nn exten sive area of high barometer central ovet Nevada, while Its crest extends southeast Into Texas. The ndvuurc of this high Is i’ll using it general full of temperature to the east nnd southeast of Its center, producing killing front In South Dakota and western Nebraska and light frost In iiortlieru Mimic The conditions favor rain in this section tonight, followed by clearing and cooler to morrow. COTTON REGION BULLETIN. t For the 24 hours ending nt 8 a. ul. 75tb meridian time, October C. 1936. STATIONS OF ATLANTA DISTRICT. •Atlanta, cloudy. . . •Chattanooga, foggy. Columbus, cloudy. . Gainesville, cloudy. . Greenville, cloudy. . Griffin, cloudy. . . . •Macon, p. cloudy. . Montlcello, cloudy. . New nan. cloudy. . . Rome, cloudy Spartanburg, cloudy. Tooeon. elenr. . . . West l*olnt, cloudy. 'Minimum tenqicraturcs nre for tb hour period ending nt k a. ni. this dab HEAVY. RAINFALLS. Jackson. Miss l.$2 Vicksburg. Miss 2.74 Yur.oo City. Mis* 2.00 Alexander. La.. J-yJ Drookbnvcn. Miss 3.3* Cheneyvllle. fa Mellvtlle, l4».. 3.99 CENTRAL STATION. Atlnuta. . . . Augusta. . . . Charleston. . . Galveston. . . Little Rock. - Memphis. . . . Mobile Montgomery. . New Orleans. Oklnhomn. . . Savannah. . . Vicksburg. . . Wilmington. . I Mat. Average*. ip 31" r REMARKS. The temperature changes for the past 2 i hour# were unimportant. Rain was geueral except sloftg the Atlantic coast region; the TODAY’S PORT RECEIPTS. w The following tsbie shows receipts at the year: New Orleans. . . Galveston. . . • Mobile Ktvaunah. . • • • Charleston. ... Wilmington. . . .. Norfolk Baltimore Newport News. . Brunswick. . . •. . Jacksonville. . I’ort Townsend. . Total. 10289 1 2490 19928 1922 8439 » INTERIOR MOVEMENT. The following tap»# shows receipts nt the Interior towns today, compared with the same day last year: Houston. Augusta. 18288 3881 $ u* 456.000 Inst yeny.^and, for the sen son, active and 313.009, against 1.651.000 Inst year. ~rd«h In New York was at. pause proflta i The finish In New lork unsettled, with selling to l ■ a large scale, but price* were well held, the close being barely steady. »045 points higher, as compared with the dose of yes terday. _ _ Estimated Rocsipts For .Tomorrow. New Orleans.. Galveston « m -- in z Houston 14.609 to w^OO GIBERT & CLAY 1 «• ALABAMA HI torret, provision* ATLANTA. OA. MEHDCn.l Orlnn, Cotton Ex^h5n*o.|Chlni,o DotM of Tr«do. 8 rleans Rtock Exchsage.fLlveriiool Cotton Assoel.iuon rlttn* Hoard of Trade.(Galvoston Cotton Lxcbuogo Private Wires to all Exchanges. L Mi . . . , Private AVlres to au Exchanges •** 1 U»0 DiiUneo Toltphono 829*. W. n. FAGAN. Min™- ALONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone. Mein CE3. Mill) OF STOCK. Aiiinl^.imnti 'l L'uiiii.i . Atlitullo Cua.t l.liic. .. Alm-i-iniU Sugar It.t. .. AimcmiilA Ami-rlciiii [jxouiullv.,. . -lo. nretorri^l. . . . Aoi-r. Km.ltlDK Uet. . do, iiroforrml. . . . AtcbUou . oo. prrr.rrod. . . . Am.rlmu i.-nttoo Oil. . Aui.r, Cor Foimilrx JJjitllmoro fc Ohio. . ..... , BrookTrii lupiij Truq • niimildii I'd cm.. Chic. At herthwct.ra <'bnni l i.ok. it Obit Colortulo Fu.l 4c Iron..... L.inml lAKlbrr <1°. iirrf.rml CM*'. *,f-r«u Wv.t'o. . . . L'blo.. Mil. 4k si. 1-. . . . . I' 1 ?.)]"" * Uo'l—o nioiiii.r • s.curi:;..... , , , • iiikiiia * euirMt Arn.r. ly. HpcnrlllML .... I.mlnr.-ll. £ KoohMUo.. . . Moxlaiu C.ntnil 'Mu Ml.tonrl l-n.lflc Totnl .lock Mlm tortiiy 3lTnl1hnr.r Nash: of stock. V. Y.. Uni. 4( W.xl.ru.' . . . Ntitlcnitl l.,(id North.rn |-»rttlr. . . Xov York Oninil. . Norfolk it 1V.4t.rn. . rcMti.ylrtinld. . . .'. l-COIll.-. I .(If. |‘r.>.fK| Kr.fi c»r. pJS-Kfrr?-. Rending. Republic Steel, . , . . Rock Island. ..... do. prefer rid. ... Lnlted States Rubber. do. preferred. . . . Fnuth*rn Paeiltc. . Southern Railway. . . , ilu. preferred. , . . SIoas-SheitlGd Teun. Cnnl & iron. . . Texae & Pacific I a Ion Pad He Lnlted States Steel. . do. preferred .... Va.-Cur. Chemical. . . , do. preferred. ... Western Union Wabash , . , do. preferred. ^ .1 9g%_ Note.-^No dcslng'blds < I’rlvsle Wire to Ware A Ldaed. New York, Get. 3.~J>oDdon Irregnlar. but *--vj statement look**- - --- now obtainable “tor a .... _ .■! — M —_ less seUlug in the Southern group of stocks, due to the advsuav in cotton that reflects a short rop. Sentiment Is still quits bullish lu the best. quartern on Steenj. mpl would favor taklUL i ou Aii.elgainateil and Anaconda, rhoulu they show declines, although attention Is Mng diverted to Copper stw-'ka on the 1 curb. As was stated yesterday, most stamL'irr: - sctlve Ittturs me lendy for betterment, mho little change *rot.i yeitcvrday'H Individual* Is to Ik- ro,a>rte<;. Technically. Ltibrn nn-.l Southoru b^ksI/I^ I soft, Atchison Is dm for a moderate reuovori. 8t. Paul Is lu the trading ju»$Itlon—171 sun. Port. 177 check. New York Ceutral la weak. Low.Jones’ summary: American stocks In Loudon Irregular, mostly above parity. Money conditions Working easier ubroad. Cuban Injnrrectf-B continue to dloirm. OoM fiigagemeuts now total MD.OW.too, of which lif.iWi.JOO Is still to grrlvo. Ilctmrr and Bio Grsnde enrnlugs fourth r^-ck of September show gross Increase of - THE 1ST HOUR Important Houses Were Buvcr3 of All Promi nent Issues. NEW YORK. The following Is the rang* In cotton fu- tnr»»q In N«»w 9V>rk fmlar: rtet. . . Nov. . . Pec. . . Jan. . « Feb. . . March. . May.. . June. "aly, nc i liTi In lo.«5|RMm.siuTM W.n|l0.95 10.M 10.* in.n w.di n.7i|ii.,i n| in.931Ll6 u.ftj ii.on ii.i5 ii sihi.i: 11.01111.01 11.01 n.oi ii.o.’iii.itl)i.oi|iuon.i;i4 lo.od liurWy utMiily. I ll^Ti 11.01-03 11 haw ■ 11.13-12 n mm 10.43-45 ■0.61-63 Ho. 65-67 lo.a-to 10.74-76 fsIVKHPOOEi. JJSJ *a\'°y n 8 /fath* opening cloSr c,ol *» compared arlth y*st*rday's Futures opened Arm. Opening. October. Oct.-Nov. Nov.-Dec Dec.-Jan. . , , fisaas? 1 :::: May-Jnn^ .... June-Julw. Closed feverish- Ttnnge. rio« ...5.79 -5.72% NOTES ON CRAIN Pointer, on Frorl.Ion*. Private Wire to Wert A Leland. Ctilceso, Oct. t.—Believe one can buy some wheat ubout ye,terdny'e low prices and get a turn out of It. Ctblee good undertone end large holding, here remain Intact. The wheal, market does not look strong this morning. They eey cables little too strong. The Inter-Ocean «eye: Traders In the Wheat pit credited the liberal sell tng by Hulbard Warren to Valentine. The latter was not In the market openly yesterday, but watched closely. Parts of Missouri that have been too dry alt the season, art now complain* Ing of too much rain. Charleeton. Mo., had nine days of rain, and the corn cron Is not being benefited by It. Cash business on wheat In Chicago yesterday was 25,000 bushels mixed lots; corn 110,000 bushels. Including a round lot all rail to Balttmors, and oata 254.000 bushels. The seaboard re ported 125,000 bushels wheat, 10,000 bushels corn and 60,000 bushels ot oats taken for export. There were clalma of 250,000 bushels of ocean freight room taken for wheat on the seaboard, mostly a speculative venture by exporters, owing to the low rates for ocean tonnage. Private Wire to albert ft clay. Chicago. Oct. 5.—The Record-Herald says; You may record my prediction that America will be exporting wheat to Russia before the end of the pres ent crop year." said William Dunn. “The situation appear! to me to be most remarkable. It Is seldom one see. conditions In the wheat market ao fav- orable for the speculator and Investor. You can hardly ask the fsrrtter to sell wheat on the basis of SOc per bushel when he had raised only 4 to 11) bush els to the acre, as Is common In many sections. 1 think the northwestern NEW OR!,BANS. TUe folloirlne t* llj* nine* lo rntton fn turf* In N*tr (Yripnn# tfrinr: I f ?h?| i W43|10j®rn.M.Vlilf«L4l l2.Mfj6.95n9J.9919.4g41 I0.92jll.01j]!,fl1.62 10.67-54 lt.il lLti lt.I4-19 W.7MI 11.22lll.«|10.27-ri 10.79-21 .......... u-HimoiiB n|ill0.94 10JIJ6 10.6562 N a*. .... I»*c Feh*. JURP. . . . July.. . . , infittB tiioViba ll.SSjll.24 tuiii'o ll.641t.59 loiiilw.io riow*f| Btcnilr. MONEY PLENTIFOL TO CflREJFOR WHEAT Farmer Has Powerful Al lies to Manage Record- Breaking Crop. Chicago, Oct. 6.—Who wants the wheat In Chicago? And that destined to come here? The last half of tbs question IS a great dial easier than tht flfet. The farmer, of course, still owns the great bulk of thla ysar'a record-break ing crop, but he baa powerful allies. If the names of the tatter were known It would clear up a great deal of anxiety In groin circles tin world over. It Is a conservative estimate that there are 25,000,600 bushel* of wheat bought and owned In the Chicago mar ket outside of regular .grain circles. The figure might cn.il; go a few mil lions higher, and probably It will be fore the campaign Is ended. Charles Bwetncy, S. C. Schwab, A. I. Valentine, A. J. Llchetctn and Albert Dickinson have Invaded the wheat market with money In ths belief that more Is to be had In owning the prop erty. The two last named have their wheat reduced to a merchandising ba sis, owning It outright In local eleva tors. The Dlcklnaon holding Is u strictly merchandising proposition from first tp ^r others? Well, they would spec ulate a little of ths chance looked right. Mr. Schwab Is too well known to crop was vastly over-rated at the be- 1 need a description. He Is said to have WARE & LFLAND'fi DAIS.V COTTON LETTER. ffeic TorJ, Oct. 4.—Th* excitement of last TA . r ' r i T J nm f ,n fompsrlson with the sensations! developments ’thof started Jlntnrday moraine, and hnve continued on. Interrnntfdlr erery dnr this week. Front Mow 9e, teh ninrket has ndronced In the 'll ^ !'. t \' r nod hounds, sod has ,n 1 fashion that has ran. derert both holla and Ivors extremely can. Uoits and eonserratlve. ktsrtlng from the gulf storms nnd heavy rnlns In nearly all acetlons of the cotton bait, news has 1 men of the tnost bullish kind. and. ■> o result, abort covering hns neen xolnx nn dally nnd hourly ot a rate that nl.sorlmd nil the floating snnptr. ond there was nothing for buyers to do tint ndrsnee and advance nnd advance prices. To have cotton advanced 2 cents In ten days happens hot on-e lo many years. and„Bs s result, the trade hns l>#en thrown rontrletely nt sen. Now !|mt the fever la on, the excitement hns got to nut Ita course, nnd until there nre signs Of an almferaent of the - furore.ether,, will be little disposition to sell cotton. We enn nnly say thut aerrhm-nt on cotton bos been eompleety cl snort*, on t it widely flueruntlug murker with dltcrniitc wares of buying und selling eno new be expected until nftcr frost dotes nnd something Is known about tho crop. ml!.Onus dccreaaed .20 pel New \o,k. October i-tiuraVtll, Spader « L'o.: 'Today's market docs not prom, lae to lie on eventful one. bnt wo nre rather more Inclined to took for atenny pressure nnd heaviness than the rerersv. There Is uothlny upon which to urge Im mediate action in buying stock, am! ne bellero liettcr opportunities will take piece. New York Financial Bureau: Tho entire standard hat of active stocks seem to us to be ready for a recovery any time. If aatisfactory shortage has been established It may take place any nour on the proapect of a good bank statement tomorruw. If not. a little mors (regularity with a specialty or two put up may be expected. We ad vocate strongly the purenuse of ths standard active Issues as a whole on any soft spots. The narrowing tend rncy I* significant of nothing but i hardening during a waiting period which may end any time now. This position takes Into conslderatl the news of this morning. Develop ments orer night ar« Important In many ways. The Hsarst campaign doe# not sesm to us to gain any strength, while ths presidents Pennsylvania speech contains nothing mcre'than his previously expressed views. The ore deal may be announced any time, cording to our Information, und It would cause n rush to cover In nil probability. The disappointment ovet dividend artlcn wi regard as depress ing to sentiment, but tht outside long Interest was two-thirds shaken out re cently and while profetudona! flentl ment as a whole may be somewhat ree- elmlstlc, a glance at fundamental! with an Improving monetary situation can not but reassure the calm ledge of In vestment epeculatlve conditions We consider very - Important tne chamber of commerce agitation for new curren cy laws arid believe thO central bank Idea the best; first, because It has been thoroughly tested abroad and, eecend, because federal central will appeal more strongly to congress than a com plicated nynttm otherwise and would nave a better chance for eucceaa. AT ADVANCING PRICES Wad Quiet and Persistent Buying of Ateliison During Morning. CHICAGO CAR LOTS. ginning, a#d that It will go Into his tory as the fake crop of the genera tion." W GATHER - FORECAST. Georgia. South Carolina and Knstorn Flor- In-Pnrtlr cloudy Friday and .Saturday. North Carolina—Portly cloudy trlday: vtordny almwert. , . Western Florida. Alabama and Miss 1 -- alpnt—Showers Friday; Saturday fair, lytuhdnna—Rain Friday: Saturday fair. Enatern Texoa-Ralu Friday: rooter northwestern portion; Saturday fair. Western Texas. Oklahoma, Indian. Terri- try nnd Arkansas—Phawcri ond coo.er Frl- u; Knriirdny fair. . . , Tennessee-Fair Friday and Saturday somewhat cooler Saturday. WEATHER IhTwHEAT BELT. Axtrrtne N-irthwest—Oloudy; 00 to 21 above: generally cooler. Northwest—Partly cloudy; #> to 4! above: towers In Huron; killing frost In Bepld tfeet and Sonthnest-Parlly cloudy: It to «l elmve; general rn ns In Kousns; loc»! rains In Missouri nnd Illinois. Ohio Vnlley-Oenerally cloudy; 44 to 70 nliove; gvuernl rains. NEW YORK COFFEE MARKET. New York. Get. 6.—The coffee market o^r.ed it a decline of 1*10 under lllht of ferings. There scented to lie no deuiaii l of consequence. There wns not much feature to the news. The Knmpeun markets hard- iy responded to the closing gains of yester day In the local nmrkel.-Olliert ft I Iny. following Is Ihi. opening ranxenml efose of the New York coffee market for to- fiSf! (tne,tine nose. 4.40-4.45 S.45-S.7D jflg ISIS January February Msrrh Stay July Angtiot Hepreutlier. ». -- Oetnlter NnvemlH-r Deermlier. ... •• Ctuoed steady. , .4.41-4.70 ..4.46-4.8a . .4. (5-4.I0 . .4.40.4.01 ..4.4V4.S) . .4.457.00 . .7.00 . .?.»)•-. 15 . .7.06.7.15 ..4.404.16 ..6.664.S ..6.40 betwen 10,000,000 and 12,000,000 bushels of whsat. Schwab’s wealth was at ono time en- tlmated as high sa $40,000,000, but pop ular estimate gives him a great deal lass now. In tuty event, however, the handling of a line of 20,000,000 bushels of wheat would be not at all a serious matter for him. CHICAGO MARKET REVIEWED. Chicago, Oct. 6.—Wheat closed l-2c lower. There were many happy face* on the board of trade during tho ses sion. Valentine had not only been forced out ot hla big wheat Une, hut he hod lost money on the big plunge. When he woe at the head of tho Ar mour concern he la said to have ttn- ■calped the local crowd to a standstill, and tha locals are now scalping him. Corn closed l-6c lower: oats were up l-tOl-4c and provisions fraction ally higher. The week’s clearance* of wheat were 4.917,000 buahela and corn 624,000 bush els compared v Itti t,072,u00 and 1,1*6.- 000 bushels, respectively, a year ago. Cash salts hare ware If,000 bushels wheal, 15,000 bushels corn and |90.ooD bushels oats. The seaboard reported 22 louds wheat, 2 loads corn and too 090 bushels Ofl|, Primary wheat rtcelpte 1.559,542 bushels nnd corn 548,000 bushclj. against 1,242,000 and 622,000 bushels, respectively, a yea? ago. Clearances were 242,000 bushels wheat and 179,000 bushels corn no ou'-e. Wheat. fern.. rtnrs.. lings.. COTTON SEED OILe THE SUGAR MARKET. New York. Get. 5.—Lor*! retinal mm! raw iugar market *teu<1y mi l tUtcbmijiM. tsoixlon beet* quiet; October ( j* 3%«l, N ft - trailer •* 2%rt. 8T0CK8 REVIEWED BY NEW YORK SUN New York, Oot. 5.—The Sun says: •’The total volume of transactions ivas only half of that of the preceding mock exchange nesslon. The direct cause for this notable falling off In | bueltiese was, of course, a curtailment cf nperr.tlnnH of the professions!* of ao-called higher rank, but what the motives were that Induced these op erators to withdraw from eho market were pretty largely matters of guess work. In tho early port of the day there were those who declared that the hcelt.incy of the riiarket was due to fears that tnettc- for dlstut banco might be found in the speech of Hie president of tha United States lo be delivered st the dedication of tho new »-->» r-atutd nf Pennsylvania at Har risburg, bul printed abstract* of rats speech snowed that the president had done no more In hln nddress thxr re iterate his familiar views conv.:mng the supervision of cnrjxwatlons by the SOUTHERN EXCHANGE Oldest Established Office South. conox—STOCKS—MUDS—BWIR Ground Ftonr <K»uI4 ttu tiding. Dally market letter nnd market manual malted on application. juBbss.a.'-suasjj L. J. ANDERSON & CO Jj Bankers and Brokers, COTTON. STOCKS, GRAIN Correspondeors Cipllil $250,000 Xt»\r Ytirk. Oct. 6.—Tmiiinctlona lucres*M eon*Mc*nil l;. Ill volume oil tb** *tock chits** till* ni'n’tilu*. but th* urenter sctlvlty «rn* coiifliifU entirely t» * few select *t»>< 1 *. Aiuflliatr.mteii Copper n<Irnncr<i very aiuirp* ty, tkv tuoreneot Iicltif l«t*«3 on the exi"-e- tntlrto. which appeiirn to Im well fo*ut.|.-l, tbit the renmrkNble Htrenxth of romllth n* In ih“ cunpcr trad* will Induce n further iMrH*nd Inrren** nt tki* mei'tln* to bo held In two week** time. fooler literal udvnnCe I to new htfh rec ord Hjnri'i nyrnln tht* morniii*. ntnl tin* fu* rlonx sjit 4’iilntioit (n cnpiier uiliiln* nbitrc* ou the erh market wan renewetl New 9 ttrk, Oct. 6.—Th« *tock market opon^tl ntcfldy In tort* with price* in a mrjorlty of eiiHe* unrhniiKvd. or ohotvln^ * ipiln of from % to %. ('iwimllnn Pndflc, however, continued weak, off IVhii- sylvanU dewn %. Sn»*r %, nud Rubber con.uioii % loner. Tb** United Htnl NprHillr firomi ... I’rtclflc nnd Houthrrn I'srlfle jren* nt rnrlcii* Intcrvnl* extremely Mtronjr Bnt the more confident feelliiK which Up* rl#c In th**** atoek* engendered Iifiil no greit effect on the rest of the ninrket. Trading lu other stock* wn* very dull, hod th**lr prices wi re little chtiuged. It nppenrod flint th** spot il lative energy renminbi* wn* too llinli<*tl to be ftliaorlied with more tlinu n few *bare* nt n time. There wn* nnrxp«*etril strength nil thronuh the lint during the grentc/ part cf the flrnt hour, with Importnut houses heavy htivern of nil the prominent Issue* nt higher price*. There wn* qnlet. i»ersl*tcut buying of Atchi son. / Government Imud* nuchnnged. Other tiond* Active. ALL NEWS FAVORED HIGHER PRICES New York, • Oct. Si—'The Bun says; "Persistent reports 1 of serious damage to the crop, rumors that another heavy storm was coming up In the South, a prediction nf colder weather In the Southwest, heavy covering of shorts and a good deal of scattered buying for rise, all contributed to bring nboui another advance. - It wns sufficiently large, too, to show that the cotton market Is n broader affair than It hits been at nnk time for a good many months. Professional operators, while they have n certain Inlluence, ure m-t able to dominate the,speculation. Thu South was offering spots less frrelv end demanding higher price* for what It does offer. Some bullish reports n - .- sert thst Ihe loan, r' cotton by tltn recent storm was naif a million bale, and that some 5.001,000 bales m >rq were stained. This I* not accepted by everybody, but the-impression Is thut the South lost a good dent of entton, end the quality also suffered more or less, while In three limes of great pros perity In the cotton goods Industry the demand from Ihe mills runs very lame ly to the belter grades of raw catloio Very Hide attention was pal,', to too liberal estimates of-receipts today at New Orleans und Oulvestun for the rea son thnt thr total crop movement uj present la comparatively small, far. telnly It Is falling rar below whut might be expected If bearish crap i -t I - toateu are anything like correct. For thut mailer, however, there is h-u talk about a yield of 12,006,1)00 bates, th-mxl! some stick to these IJgnres, nr.d more nhnut one of from 11,000,000 to lj.nou,- 000 ot the. most. A late full, however, would naturally make an Immense .11 f- generul government, 'fo meet observ- "At* "nSm/hera* eenn„-iE evs the actual newu of the day ueemed hrivtiv 8 U b>w™dr?enn« ' ii favor very positively the conutruct- JjW* ’ , r 1 t, n , n , aide of the inaritet. An Incli1-j;it of •’JV.'!’** A”"J**.,51*“*.J* .I nnrkot ’ Ive ■ the da; Jttnt 'orfnro the and of tha see slon which wl'l surely tail for no tilt.ee comment, was the announcement of 'ce directors of the Chicago. Mllwaukoe und Bt. Paul Railway Company In muk Ing public the news of gross Increase In the company’s ournlng* for August of t711,6Au, that hereafter the new earnings of their company will not he given out until the close of the fiscal year." -Olhett ft Clay. rHE LONDON STOCK MARKET. f’ble., Ul.. aud kf-. Paul....|l7lgl)76t y ;174V{ Uhnoix r’enVrri'. !! ElTpJ'lTrnJdT?'^ Is'iilsrllle and Nrshrtlle. , . . !44 1 i')Miyi'7Vt W?l tl ^*rw r»*'.fle... '•Hon l*rt lrt* L'nlfw! Htntf* l*ti**l JBSmSmShhb :: tMti'iM "in 6; .sms* adding thnt the crap has been ovc esttinntcil."—tllbert ft Clay. New Orleans, Opt. 6.—Ths 'riini-e- Demncrat says: "Aside from all ron- ,’lllons of imlmatn supply and demand, the possibility of a spot squeeze In -ictober, scorned heretofore, line be gun to figure In profess loon I calcula tions to a marked degree, a fact which practically ellmlnateii fresh short sell ing. thus doluying the coining of relief to the old short Speculative InterrM, the long end of which I# held by ex porters who are not yot reedy to work out their hedges. At New York tho October rontrnct viiltie Is non- above that of December. Should tin- New Yotk stock begin tri dwindle before the Southern spot markets are In position to more than supply the direct trade demand shorts will hardly escape an other nqueexe'. Meanwhile the manip ulator Itaa taken nn active hand lu the game, consequently the ramifications of ring endeavor nrb again too complex for comfort.”—Warn ft Lelond. CHICAGO GRAIN MARKET. Irsgo arem sad prerlsioa quotations Opes, ttlgh. ffllg&a IKS K r m 6.15 6 00 M S3 5# the primary movement. The following iianres sire the primary "^aWl^^^ttslnst »ssyag*!U6 k ’Vnrn—Berelols t6L049 hushels, enlnst iiMitb fi'Ofii.y): 1-lgs 7*900^40: , - 14 7^5.75; a,-nd to choice iiciivy 94.7M4.ft. Cc t r tc—Fat I tus ret 9.400. M^kct sD'ca; nnellty fair: Iweves ttf|C: cow-s tltotlt s'. Itelfcre r.’.ywS.fS: calres ft-STfll: prime steers KJtWTi poor to IID-Itam 2IC5; stork- era nnd feeders 4i40*f4.42. Shec|»—Esrtuisie-t H-Vto. Meeker >[s-4r: ••Uiillty fnljj JJltj^ 33113.49; yiflfrtL.^0.** » % ss m j|h l»A I H— MP-S BMP J.mlll'teft 12.62> 12-47H I2.47H U-40 so m n is ii BIDE*— V 22::.. W W ^ ^ W LIVERPOOL GRAIN MARKET. Whset-Opened u# lejreri e» ia» p. tg- tjc higher; c|ose<l 447IS'- higher. I'orn—oiwnt-tl V lower to uuchengedi st l^i p. uu! He hlfh'r to guebesged; closed mu-ha aged to ip- higher. NORTHWEST CARS. rSK?* 1 ""'"' HWfct Mlyncnpohs. ...... »» J. t. IIOI.I.KMAN. I'rcHl-Icnr. F. j. I’.t.Y 1 *N Vice-President. W I. 14I’ll 1*. Trcusursr. J. W. tNHUFtVB. Hccretsry. UNION SAVINGS BANK Four Per Cent Inter est Paid on Deposits ASSETS $150,000,00 One dollar starts an ceeeunt. Heurst 9 a. rn. to t p. m. Sat urdays till ■ o'clock st nifhL , oiaccToat ■ THOU. J. FKRFI.KS. W. It. STOVALL. F. J. I'AXO.y, W. O. FOOTK. I. T. Itoi.I.F.rf AX ri.vim mmoKfl.j. M. Johnson. 21.7 — WM. t. I'KF.I. President. ROIIEUT F. IIAIlflOX. Vice rr-sldesl TI'-iMA* J I'KKi'l.h*. S’sshlee. JA'IP.S II. i.KSTr:i!. As*l*t»nl Cn JAk. I>. tVIMlkOR. Asststnnt fs JIADDOX-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 nnd compounded semi- amutally in our Savings Department. 1 Safe Deposit Boxes I For rent in our caults in ibr bazemenl of ihi Empire {Building for only $5.00 each per annum. Abtolttic Stmniy and all Modem Conoeoknctt You should no! be without one. We InoUi you to call and inspect them. Title Guarantee and Trust Co, J^W*,-WWV9W