Newspaper Page Text
PAGE SIX
News of the Cotton Crop and Markets
AUGUSTA COTTON MARKET
Middling 9 l-16c
Tone—Steady
New York Cotton Market
(SATURDAY'S FIGURES.)
Oix-n. High. Ixjw. Close
January . 8 64 8.06 8.00 8.61
March 8.65 8.68 8.62 8 63
October 8 87 9.05 8 95 8.98
December 8 77 8.79 8.72 8.74
Tone—Barely firstly. Spots—-9 40.
FRIDAY'B FIGURES.
Open. High, Ixjw Clou*
January 8 60 8 69 8 55 8 67
March 8 60 8.70 8.56 8 48
October 8.98 9.04 8.92 9.02
December .. .. 8.70 8 81 8 68 8.78
Torn-—Very steady, Spot*- 9.40.
New Orleans Cotton Market
(SATURDAY'S FIGURES.)
Open. Clone.
January 8 69 8.70
October 8 77 8 75
Pocember 8 67 8.68
Tone—Steady. Tpota—#c.
FRIDAY'S FIGURES
Open. High. l/ow. Close.
January 8.64 8.70 8 62 8.68
October 8 73 8 7(5 8.68 8.75
December 8.65 8 70 8.62 B.CB
Spot a—9 3 16c.
Chicago Grain and Provisions
(SATURDAY'S MQUREB.)
Open. High. Ix>w. Clone
WHEAT —
September I not* ] on% i 00% l 0088
Decern bor I oi On I ol % l 01% 1 01'A
May I 04 1 04% 1 04 1 04%
CORN—
September.. .. 80 80 79% 79%
December .< ~ ~ 66% 66% 66 (iSSU
May 65% 65% 65% 65%
OATS—
September.. 48% 48% 48% 48%
December . .. .. 49% 49% 49 49%
May 51% 51% 51% 51% 1
PORK
October 16 17% 45 30 15 15 15 25
Jsnunr* 16 77% 16 90 16 77% 16 'm
May.. 16 77% 16 85 16 77% 16 85
t.ARI>
October 10 17% 10 25 10 17% 10 25
January 9 hs 9 90 9 82 % 9 87%
May 9 87% 9 90 9 87% 9 90
HIBB
- *. 9 82% 9 9(1 9 82% 990
January 8 80 8 87% 8 80 885
Mav 890 8 97% 890 8 97%
FRIDAY'S FIGUREB
WHEAT— Open. High l.ow. Clone.
September 1.01% 1,01% I 00% 1.00%
December 1 01% 1 01% 1.01% 1.01%
CORN-
September,.... ~ 79 gq 79 791^
neeamber 66% ,sfi% fl6 r. 66%
OATM-
Kepte.nber 48% (g% (g% 491^
December .. 49% 49% 49’, 49%
DA RO
September 9
October 10 12% 10.20 10 12% 10.17%
R.IRH—
\ Seplember 880 8.82% 875 8 82%
v October ..., 9.75 9.85 975 9 82%
FULL QUOTATIONS IN
TIIB LOCAL MARKETS
SATURDAY'S FIGURES
IvOw middling SUIS
Strict low middling.. 8 15 IS
Middling 9 lid
Strict middling.. 9 3Kt
Oood middling 9 R 16
FRIDAY'S FIGURES
Low middling s 1316
Strict low middling s ir. id
Middling. ... » MS
Htrlrt middling 9 9 til
Oood middling 9 (-16
RECEIPTS. SALES
AND SHIPMENTS
Not receipts tod»S' 2537
Through rollon today. 311
Qrn>% mrrlpt* today. 2943
SALES FOR THE WEEK
Stir* Hptn flhplt
Rnt. . . . 1670 47 1473
Mon f .... ....
Tun*. .... ....
.Wed ....
'Tfeui* .... ....
rrl
Twtgl. . . I*7o 47 1479
RECEIPTS FOR THE WEEK
lstlg <907
flit. . . . 2849 4719
t M'WI
' T«r. ." .
Wed
Thut« ....
Pll
To'sl . . 2949 4219
STOCKS AND RECEIPTS
Stork In Augusts. 19"* 36.617
stork In Augusta. 1907 24.441
Rwcetpta aim. Sept 1. 1909 p 645
Receipts Slnrr Sept 1. ISO 7 51.057
IN SIGHT AND SUPPLY
1909 19*7
High! to Sept 24.. 93$ 919 7«t *9*
Uwring weea ..... 384.94* 798,647
Visible supply 1,997.. Mil 1411.744
ESTIMATES FOR
TOMORROW
*y. Last Yt
Owlveetou M4K
14090 Houston <149 S
•dO-TVOO New Oilcans 9EJ?
PORT RECEIPTS
; Galveston . 21233 9190
New Orli'sn* 4719 2228
Mobile .. 1802 815:
Savannah i3:;60 10621 :
Charleston 1905 1668 :
Wilmington 2743 nnl2l
Norfolk ic.74 11 >ki |
I to* 1 on 24
Total ports (o*t ) 48000 31694 I
INTERIOR RECEIPTS
190 S 1907
Houston 16326 51 (9
Augusta 2849 4219
Memphis ——6 s i,
St. Louts j;
AUGUST A DAILY RECEIPTS.
jGeotgla railroad .1183 540
Southern railroad . ,1443 713
Central of Georgia ~340 218 1
C & \\ C, railroad. .. 619 33!
Atlantic Coast Line ... 19 |P*>
t Wagon 5t4 82;,
Net receipt* 4118 |gs7
Through 101 312
Total 4819 2849
LIVERPOOL COTTON
MARKET TODAY
I tan Feh . . 469 .... 4.67
Fep Mat . 4 70% .... 4,68
Mar Apr 4 70% .... 4.69
; Apr Ma* . 470 .... 4.70 '
Ma> Jupc . 4 75% .... 4.71
1 June July. . 471 .... 4.T1
1 Jut) Aug. . 4 72% .... 471
Aug Sept . . 501 4 99%
Sept Oct 4 81 .... 4 80'
iOot No* 4 74 .... 4 72
No*-Deo. 4 71 ~,, 4 69
lUec-Jan. 4 69% .... 4 67%
Sales 2 o**o. receipts. 200; lone. ]
bare!* stead* , middling 530
THI MONEY MARKET.
NEW lURK - Mon. * on call n<*
imtnal. TTm.- loans dull and oas*
SUt* days 2 1 2a3 4 and ulhct* di>.
3. mix uioniha 3 1-2.
Cloae Prime mercantile papei 4 to j
4 12 per caut.
Sterling exchange fr'rly t'eady!
wlUi art ml Sti. hs.*v% in *1 ic -v h'.H*
at iV*a4*’- 05 lor alxt* da*' , 'l!ls and
!at 4*6 .**nt**> * tor demand
Commcictal mils 494 14*1-4. liar
I*l *»r *1 12. .Mrs.vs c P ar* 4...
STOCKS
UNIVERSAL OPTIMISM
IN FINANCIAL WORLD
Rumorn of Bull Interests
Oi'Kanizing Canned
Strength of Stock
Market. •
N|W VO HK Thorp worn few Im
portant dcvelopemciit* In the course- of
the short session of the stock market
today hut th« must consplclous of the**
tharly confirmed the statement made tn
this, column to-ay that Important de
velopments are pending; In tin- financing
*lf not the actual control of the Hock Is
land and the Ht. f.ouls and Non Francis
co railroads. All of the stock and bond
Issucm of these two systems were ex
ceptionally strong at the opening and
held -j good part of their rer nt t*i»%?p
advance throughout tngeneral decline
that set in during the last hour of the
session and which was to be fully ex
pected after the sharp advance that the
markets enjoyed in the hist wei*k.
Whatever ven* mud** regarding tin fi
nancing of the ft'K'k Island and Ht.
Louis and Han Francisco, It was uni
versally accepted In the street that the
two roa<l« will not In the future he In
need of money to take care of their small
pressing obligations. It Is not so much
the amount of tin financing that has
been arranged for It Is the fact that p< s
slhle receivership proceedings hav* beei:
Ml ml nn ted front the situation through
out Wall street district.
In spltp of the small reaction that tool;
plaof In the latter part of the session,
4 insert by • ft*- desire to take profits,
there we- .» general, If not almost uni
versal feeling #>f optimism In the finan
cial 1 1Ihi 1 t. At no *‘me dirt th.' volume
of trudng reach large proportions «n»1
at no time Muring the decline did there
appear to he anything like serious pro. -4
•.tire f4* sell stocks.
There was nn Int4*restlng report in the
street to tht effect that an Important
lull J« n| |OK ht cn o- fio JJ4 4| h. . Ul cup
of prominent operator*, hearted by Dan
iel <3. .Retd, for the purpose of acquit |
lug .1 ll*i«' of lim prl* ert railroad and ti- j
dust rial stock)- A house that would na
turally be employed in the operation of j
such a pool was a conspicuous buyer of
several 4»f the low priced Isses, such us i
flock Island, Krl* and Southern Railway !
c th*- ile. Un« of the latter part of th** j
The r* pen t . of the formation ol such |
a p* 4»1 wit - t ' gar*l* il of licr,< signi
ficance. as some of the operators who
an* understood to hiv 1 gone Into the ,
until rt king h.tv* stenlfnatly D M t:•« f
from t» thet operations f * a !**i*q tin'
on the ground that the outlook f. ' *.*<■
fpti.fo wits to<» greatly obscure! l*v »• i»-
tli.* at 1 the uncerta'n on.) n* ?•* ft*t»»li •
tlo .4 14 ttiakc extensive cpi^iaiions
4,\ft».
fcY\Tfil railroad cnmptt \. r ore an 1*: •
mo I to hi* about to off *r sin rit t* »i 1 Is
sues In th4* near future to provide
fi*r development anil e«iulpmetit work
t»n the curb the session was without
Interest, all stocks In I hit t market bring
dull and strong
COTTON SFED OIL.
NEW YORK. Cotton seed oil wag
stoutly to firm on demand from rlioiih
and rot)* timer*
prime* crude 29< fvimo nuivn ytd
low 38 .1-4 to !l!>; off auinmcr yellow
38 14 to 10; good off summer yellow
T 7 1 2 to 38 1t: prltne white 4Ja4G;
prime winter yellow 44 1-2 to 46
New York Stock Market
Amalgamated Copper 74%
American Car and Foundry.. .. 39
Am. Car and Foundry pfd . .I**2
American Cotton Oil 3t%
Am. Hide and Leather pfd., .. 23
American Ice Securities 25%
American Linseed.. 10
American l<oroinotlve 46',
Am Igrcomotlve pfd 101
Am Smelting slid Rofng . ... S3',
Am Smelting and Ring pfd . ..101%
Am Sugar Refluing 129%
American Tobacco pfd 92
American Woolen 23%
Anaconda Mining Co.. .. .. .. 44%
Atchison 87%
Atchison preferred 1*4%
Atlantic (*oo*l Line 84
Baltimore and Ohio 96%
Baltimore and Ohio pfd M
Brooklm Rapid Transit 47%
Canadian PactAc 172%
Ccntial Leather 23%
Central Leather pfd 94
Cetittal of New Jersey 197
Chesapeake and Ohio -4** 1 *
Chicago Great Western
t'hlca*o and North Wes'ern.. ~158
:Chtcaao. Mil and S’ Paul.. ..tss
Chleaet* MU and St P pfd . 1.
G. C . C., and St Loins 53
t'olornd**'and Southern 38%
Colorado mid So Ist pfd 6*
Colorado end So 2d !>fd 57%
Consolidat'd Gas .. .. .. ..148
Corn .-ducts 17%
IV’awar. and Hudson 165%
Denver ml Bio Grande .. 27
Denver and Hlo Grande pfd. . . 65
Distillers Bceuritles.. 31%
Krie *4%
Erie 4st nN 42%
Krtc 2d pfd 35
Genera! Electric ..175%
Great Northern pfd 129%
.Great Northern Ore Ctf* 57%
Illinois Central.. .. 138
tnterboeo Met 10*
Int. 1 boro Met pfd 32
International Paper pfd .’. !. 56
! Intern!ttonal Pump .. .. ~ 2*%
I low u Central 15%
THE AUGUSTA HERALD.
COTTON
1
UNSETTLED WEATHER
CHECKED OFFERINGS
Despite Encouraging Re-,
ports Cotton Market
Closed Few Points
Down
NEW YORK. —Thr cotton market
opened .steady at a decline of 2a4
points with the active months soiling
four to five point* lower right after
the call under bearish cables and re
ports of an unfavorable character re
garding the Manchester situation. Of
ferlnga were checked, however, by
fears of unsettled weather over the
week-end arid the market rallied dur
Ing the middle of the morning on
covering with October selling 2 points
net higher and later months at prob
ably the closing figures of last night.
The market closed barely steady with j
| prices 4a7 points lower.
Receipts at the portH today 47,498 j
bales, against 37,870 last week and j
31,694 last year. For the week 335,-
tiOo bales, against 286.179 last week
and 220,276 last year. Today's re
ceipts at New Orleans 4,741 bales,
against 22,228 last year and at Hous
ton 16,326 bales against 5,143 last
year.
—
NEW ORLEANS RULED
QUIET AND UNCHANGED
Expectation of Bullish
Government Report Sus
tained the Market.
NEW ORLEANS, La.— O-tUtn
spots were quiet and itntlianp d
Middling 9 9-10 C. Sales were 6t»l
bales on the spot and 1.225 to arrive
Cotton futures open* A quit-* Iron
2 pome 'iittler to 1 pool! aPote last
Bight The session was aliens life
less ■' d | rice fl.id ua'ions were “V
treumly narraw. Expectations of a
bullish government condition repor;
next week, fears of, bad weather in
the cotton belt, and covering ad
vanced prices n few points, after
vbteh they fell o[f to opening levels.
The close was quiet and steady with
prices 2 points under last nh’hl.
DRY GOODS MARKET.
NEW YORK. —The cotton yarn
market was firmer today. More busi ]
ness Is being tendered by weavers a id
knitters. Sheetings were in better
rail. Printed and woven flan nr 1 lett er*
and ginghams are selling much bet
ter In this market, l.lnens from stock j
me selling much better In thij mar-1
kef.
Linens from stock are selling freely
at low prices. The burlaps market
Ik quiet with prices erratic, and lend
ing toward firmness.
LIVERPOOL KEEKLY
COTTON STATISTICS
LIVERPOOL. Following arc the
weekly eotton statistics;
Total all kinds 25,000 hales; total
mb-; \mertcan 21,060 bales ,—gypt
spinners takings 41,000 bales. Totui
export 2.P00 bales. Imports all kinds
i 8.000 idles. Imports American 23,-
coO bales. Stock all kinds 293.000
I hales. Slock American 192.000 ball s
| Quantity afloat and kinds 115,000
imp ; Quantity afloat American 97,-
j roo bales. Total sties on soeculafton
| none. Total sales to expo-tet-s 800.
Kansas City Southern 27
Kansas City Southern pfd.. .. 61%
Louisville and Nashville 104
Minneapolis and St. la>uls,.r .. 27
Minn . SI P. A Sit SI M.. ..120%
Missouri Pacific 52%
Missouri, Kansas and Texas.. am,
Missouri, Kan and Tex. pfd.. .. 63%
Nallonnl Lend 83%
New York Central Km'S,
N Y. Onl and West 33%
Norfolk end Western 721,
North American.. 60
Northern Pacific 135%
Pacific Mai! 2.3
Pennsylvania 121 ',
People's t!as 93
Pittsburg. C C and St. 1,.. .. 71
Pressed Steel Car 31
Pullman Palace Car lrn
Hallway Steel Spring 37%
Reading . 127%
Republic Steel 78
Republic Steel pfd 7S
Rock Island Co 1914
Reek Island Co nfd 39%
St I, and San Fran 2d pfd.. .. 29%
St. la>u!s Southwestern.. .. .. 10%
St. L. S'western pfd 44%
Stoss Sheffield Steel and Iron.. 60%
Southern Pacific 103%
Southern Railway pfd 52
Southern Rallwav 21%
Southern Pantile pfd.. 118
Tennessee Copper 35%
Texas and Pacific .. 23%
Toledo. S; J> and West 25" ,
Toledo, St. I, and West pfd.. .. 59%
I Union Pacific 138%
Union Pacific r»d 86%
1 United S'ale# Rubber 30%
United Sts'cs Rutiher Ist pfd . 93
I United Stylos S'ee’ 45
[United States Steel pfd 1084*
Utah Copper .. 41
Virginia Can. Him Ghent.. ~ .. S 9 *
1 virglnla-Caroltna Cheat, pfd.. .108%
'Vnhash. 1*
'Vabash pfd ;{,%
Westlnghouse Klectric 73
Western Union ...... 60
j Wheeling and lake Krte,. .... 8
IWlaconalo Central J 7%
J. C. McAULIFFE,
Market Editor.
GRAIN
/
SLIGHT DECLINE IS
RECORDED IN WHEAT
i Corn and Oats Gained
Slightly and Provisions
Were Also Higher.
CHlCAGO.—Western wheat receipts
today were 1,916,000 bushels against
| 978,000 bushels a year ago. Traders In
xrain chiefly concerned today with what
the effect of the rain and frost that Is
to overspread the western country be
fore Monday morning, according o the
weather bureau forecast. It stiffened
prices generally although thr* wheat mar*
kev.nced much uneasiness an.! .is the
session was ending struck a vein of short
selling that closed the market from 1-4
to 3-8 cents lower.
Corn lost a little for the current
month's delivery but later figures were
I firm from 1-8 cents to 1-4 cents nd
| vance.
' Oats ruled firm and especially cur
rent month’s delivery were left off at
l-l to 3-8 cents advance.
I'ii)\i«ions had a dull time r nOAt *»f ilic
day but easiness at the start gave way
to nrmness and a moderate advance near
thf* end.
Trade at wheat at the opening was
slow with orders from outside scarce
and l4>oal operators also indisposed to
activity. Foreign markets wer** very lit
tle changed and domestic receipts were
again too h4*avy for bull sentiment.
CHICAGO CASH GRAIN
QUOTATIONS SATURDAY
CHICAGO, 111.—Cash quotations
worn as follows:
Flour firm, winter patents 415a475,
straits 390a480, cars 360a380, spring
patents 535a560, straits 400a490,
bakers 285a410.
No. ? spring wheat, —; No. 3. 98
«107; No. 2 Red, 101 l-8a102: No. 2
corn, 79 l-2a80; No. 2 yellow, SOa
SO 1-2' No. 2 oats, : No. 2
white. 50 1-2; No. 3 white, 4Saeo 1-4:
No. 2 rye. 75a76 !-2; good f- ding
barley 59afil; fair to choice npai'ing
r-2, No. I flax seed, 114 1-2a2:>, No.
1 North Western 12, 1-2, Prime Tim
oth„ seed 313fc1-tter coirract
grades 900; short ribs, sides (.loos° l
R 6 l-2al00; mess pork per hbl 1525 a
1537 1-2; lard per 100 lbs 1025; short
clear sides (boxed) 10 1-2alo 1-2;
whiskey basis of high wines 137.
Wheat receipts 61,000 bushels; 97,
000 shipments.
Corn receipts 257,000 bushels;
161,000 shipments.
Oats receipts 381,000; «hii ments
~34.000
On the produce exchange today
the butter market was firm, cream
eries 10a2-L dairies 17.i2 .
Eggs firm; at mark r.ises includ
ed 16a19, firsts 22; in lino first. 23.
Cheese flint 12 ]-2al't 1-2.
CASH AND DEPOSITS
SHOW BIG INCREASE
Augusta Clearing House
Makes Favorable Show
ing in Weekly Report
The weekly statement of the ah
gustn Clearing House Association ,s
--sued hv Jas. G. Halite, acting for
Manager Rufus H. Brown, shows
that over $275,000 in cash and cash
Items has accumulated during the
week and deposits have increased
nearly SIOO,OOO. The statement fol
i lows:
j l,oaiis $719,725.00
I Increase 74.399.00
! Capital, *\,rplus and un
divided profits. . . .2,400,785.00
tee- asp ~ 10,657.00
; Cash and cash Items, in
cluding amounts due In
banks 2.028.063.00
1 Increase 381,02 9. tN)
I Deposits .. 7,161,469.00
■ Increase 384.02 i.uO
BANK~CLEARINGS
SHOWING GAINS
Universal Prosperity Indi
cated by Statements
From Over Country.
NEW YORK—Freight business
notably on the Pennsylvania lines, Is
: Increasing For the week the conn
try's bank rlearings show a gain over
ikst year of 6 per cent, or one of the
very few weekly Increases recorded
this year.
AH reports of railroad earnings for
1 the first two weeks In September
show a gross decrease for the same
weeks last year of 9.3 per cent
against a loss of 12 6 per cent for the
same period in August and of 12.7 per
cent for July. Foreign exchange was
quiet and steady
Foreign market* were largely fea
tureless. Paris war Irregular and Her
lln firm. French rente* were lower,
i but discounts at both European cen
ters were unchanged London was
narrow hut with a good Investment
demand reiwrtetl American* at Itm
don were heavy with fairly genera
SAVANNAH TURPENTINE
SAVANNAH. Ga - Spirit* ttfpen
i tine firm 35 1-2; sales 446, rocelqt*
| 441; shipments t. 004.
Resin firm; sales 2,2 as r<*eeipts
I 2,166; shipment* 452, s vak If,lst.
FINANCIAL
THE NATIONAL BANK OF AUGUSTA
707 BROAD STREET,
ORGANIZED 1865.
CAPITAL, SURPLUS AND PROFITS $450,000.00
L. C. HAYNE, President. CHAS. R. CLARK, Cashier.
BEGINNING AUG. IST, 1908, this Bank will pay 4 per cent In
terest on CERTIFICATES OF DEPOSITS. These certificates will
be issued by us in sums of SIOO.OO and up, for stipulated periods of
time, to suit the Depositors’ convenience.
SAFETY LOCK BOXES $3.00 TO $20.00 PER YEAR.
The business of our out of town friends carefully looked after.
CORRESPONDENCE INVITED.
THE NATIONAL EXCHANGE BANK,
has
Capital $400,000.00
Surplus • 140,000.00
Stockholders’ Liability 400,000.00
Total • $940,000.00
as
SECURITY FOR ITS DEPOSITORS
Your Account is Solicited.
Georgia Railroad Bank
Augusta, Georgia.
This Bank Solicits the banking business ol
merchants and corporations. We pay 4 Per Cent
Interest on all deposits placed in our Savings Dept.
YOUR ACCOUNT INVITED.
Exceptional Facilities For
convenient banking are offered to our customers by means of the
Coupon Certificate of Deposit, which calculates interest automatical
ly—4 per rent four times a year—enables you to collect Interest and
principal without coming to the bank—Your business invited—ls
sued only in Augusta by the
MERCHANTS BANK
Capital and Surplus $300,000.00
MERCANTILE AGENCIES
REPORT IMPROVEMENT
No New Issues Presented in
Stocks and Trading Was
Very Narrow.
NEW YORK.—The uncertain and
narrowing fluctuations in today s stock
market followed the usual precedent
after the more excited and violent
fluctuations of the earlier part of the
week. A downward plunge in prices
followed by a rebound of correspond
ing violence is almost Invaviably fol
lowed by a succession of decreasing
swings leading to a subsidence into
duilness and a pause to await new
issues.
No such new issues were presented
in today's news. The lack of author
itative confirmation for the rumors
of completed plans for supplying the
Rock Island system with needed cap
ital put the spectacular movement in
the securities of that company under
suspicion of a stock market device.
Their advance hurt rather than help
ed the general market, whirh showed
weakness even before the sharp re
action in the Rock Island issues
themselves.
The Mercantile agencies reported
an improving tendency in commercial
affairs, but in conservative fashion.
Growing attention is given to the
radical reduction being effected by
railroads in their operating expenses.
Reports on 172.135 of mileage for July
show a cut in operating expenses co
pared with last year of $20,690,376
against the decline in gross earnings
of $27,262,110.
Bonds were firm. Total sales par
value $2,025,000. f. S Bonds were
unchanged on call during the week.
Total sales stocks today 360.100
shares.
LITTLE DIFERENCE
IN BANK STATEMENT
Entire List Showed De
crease, but Ratio of
Change Was Narrow
NEW YORK —The statement of
clearing house banks for the week
shows that the bunks hold $50,039,550
note than the requirements of the
25 per cent reserve rule. This is
a decrease of $178,475 In the propor
tionate cash reserve as compared
with last week. The statement fol
lows:
Loans $1.312.02<V5C0; decrease $6,-
132,300; deposits $1,405 935,000; de
crease $6,628,500; circulation $54,-
; 16. .on. decre !»o $225.1 ini, legal ten
der*. $80,328,800; lncreaw $664,300!
rpecte. $321,144,500; decrease
50P.400; reserve $401,523,300; de
in use $1,836,100; resefv. required
$351,483,750; decrease $1,657,123; »';r
plus 830,039,551*; decrease si7B 475.
Ex. I'. 8. deposits $52,373,600;
elect* use $174.11*0.
The iiereentage of actual reserve
of the dealing house hanks at thr
close of business yesterday was
29.56.
The statement of banks and trust
companies ot Greater New York, no*
member* of the clearing hous* show*
that these Institutions have ag-re
gate deposits of $1,044,808,200. total
cash on hand 98,933.500, and loans
amounting to 949,792.800.
SUNDAY. SEPT. 27.
FINANCIAL
♦ ♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦4 B
♦ ♦
♦ SPOT COTTON MARKETS. ♦
♦ ♦
♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦
GALVESTON, Tex. -Tontt steady;
middling 9 3-8.
NEW ORLEANS. La -Tone quiet;
middling 9 1-16.
MOBILE, Ala.--Tone quiet; mid-
Ul‘*g 9c.
SAVANNAH, Ga.— Tone steady;
midollug 9c.
CHARLESTON, SC— Toua
steady; midoling 9c,
WILMINGTON, N. C Tone
o.uiet; middling 9c. "*
VC RFOLK, Va.— Tote steady;
middl'ng 9 1-4.
BALTIMORE. Md. —Tone nomi
nal; middling 9 1-4.
NEW YORK. Tone quiet; mid
dling 940.
BOSTON. Masß.—Tone quiet; mid-
I dling 940.
PHILADELPHIA, Pa. Tone
! qn*i t; middling 965.
HOUSTON, Tex-s. Tone quiet;
j middling 9 3-8.
AUGUSTA, Ga. Middling 9 1-16.
MEMPHIS, Tenn. Tone duU,
middling 9 1-4.
ST. LOUIS. Mo. Tone quiet;
middling 9 5-8.
LITTLE ROCK, Ark. Tone
steady; middling 8 7-8.
► WALL STREET NOTES
¥
NEW YORK.—The number of shares
•f stocks sold today was 360,145 against
374,160 the same day Inst year.
The total par value of bonds sold to
da\ was $-*.023,000 against $9*12,000 tbo
same day Inst year.
The largest reduction in the number
of I lie freight cars since the decrease
first began was reported today when
tie* committee on car efficiency of the
Ann • ican Railways Association an
nounced in its report of Sopfembt'r 16
. iat fer the two weeks ending with that
d ue the number of surplus idle t,ars ele
ct eased 59,5(2.
ength of Amalgamated Cooper to
il w,i‘ due tn *viic\ B*d minors that the
dtvhlt tlds woold be inc H-nm d.
Y« rubers of the \Vis>M»n*im tVntral
Hr. ilwny syndicate wnic-i was farmed in
lO i'j ia nv the report ihAt t«,s* synduc*.o
ha i If* t dissolved. I*he 4sir*< t*t* •• ha*
recently extends for one year. They al
s*» <’« mv the rumors that nsw Inters**®
have become Identified with tne pro
perty.
The St. Paul is in the oinrket sos
1,000 to 5.000 stesl under frames.
V»*t !4i-dei*t rumors that th* Chi at*#
• "treat W • *»tern will !**• taken over by Umb
c in n P »fi' have irumjf
traders to remember the reports that
v ere circulated about six years g|o r«-
k'. •i* a the acquisition If tlds pr *r* r - y i*jr
the St Paul. On the reports Chicago
Or* at Western sti»ck was advjtnced >o
M .4t, 1 1 Jus: when the public h*»an to coma
m the terms of the deal were mo l** p-jh.
T' ey v** rc so ridh ulous'y idr i that
Until who hud purchase I th** s lek *ftf
fors to take large Umses In ths descent
that It'JloW'-u.