Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, October 11, 1907, Image 13

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I?. ATLANTA GEORGIAN AND NEWS. . UIDAV. 0('TOBFTl It. IfWT?. 13 COTTON ADVANCED IN EARLY SESSION NEWg AND GOSSIP of the Fleecy Staple. Some Buying and Short Covering. ADVANCE LATER LOST At Midday Prices Selling at About Thursday’s Closing. Speclul to The Georgian. (From Hayward, Vick & Clark.) Now York, Oft. 11.—J. H. Bach* & Co.: Liverpool calilrs due S%<59 point* lower. Opened steady 9 lower on near and 10 lower .on Juti* months. At 12:16 p. in. wna quiet. 7% Reports of Frost Induced &>?’’SSYtST’iSPUaS."* Points lower: American middling 6.52; soles 10,000; Ain erica n 8,600: speculation and e: port o00; Importa 15,000; American 14,800. Liverpool cablet fully meeting the decline ill onr market yesterday—futures about ns due to come and spots 10 lower and a little legs active; sales 8,000. Generally fair weather predicted for tislnr and tomorrow over the entire bolt. As tin* market de pends wholly on the weather, and conditions Ideal In that respect, we expect a further mn rfced dedlne. New Orleans baying here on frost re ports. A nu^ssnge from Houston, Tex., says:' "No demand for cotton here; farmers _7‘t- tiniff shaky: will unload soon; money tlgT!. 1 There Is some hulling of cotton on repurts of had weather In India. Market Inis n good undertone. Believe market will have a slight advance. Cotton higher on buying by Weld and frost predictions for Oklahoma and Indian Territory. •rullowlug are 11 a. m. bids; October 10.81; December 10.99; January 10.91; March 10.99. New Orleans. October 11.—Hayward. Vick & Clark: Map not complete, but what there Is Indicates a change for the worse. Ex pect short covering on the weather out look tomorrow and more on Monday. Would buy the market at the opeuiug and on any further decline today. ^VVhlte frost at Anulston, Ale*, lids morn Liverpool cables: “Spots not offend as freely as predicted. Look* higher." Memphis wires: “M|K»ts not following the decline In futures. The lending fac tors here tell me today buyers nro engor for cotton and paying barter prices thuu a week ago." New York says resoureeg for hnhlUg crop are nboiit exhausted. Expect break In spot cotton In the South soon. On this they are selling It. We nre merely following New York. Advices from New York an bearish nml predicting decline. New York weakened. Started se!li« *cro, On any break today Would buy some. Ex pect short covering over Sunday, owing to wen titer outlook. KNITTING AND WEAVING* YARNS SHOW WEAKNESS. Edited by Joseph B. Lively. ARKETS Mr. Lively's twenty-five years* experlenco of ed* ltlng markets to Atlanta and the South hns made him a recognized au thority In his specialty. here started unchanged to 3 points higher, mid after the call, was well supported f— orofesslonnls. January advanced to 10,! Weather conditions in Texts and the belt generally were seasonable. The Liverpool market dirt* pot fully re spond to the declines In the American mar- kefs on Thursdny, the close being steady points l<wer. ■ ' „ * ruder the influence of the steadiness dl*plnyi*d by the English market, the New York market for futures opened at praetl- i-allv unchanged prices,. Immediately fol lowing the call, prices started upward, sad before the advance was checked. Dr- cemher had sold up 13 point* nt 10.96 and January 14 points (o 1O.02. At this polht. felling orders appeared and prices ran off rapidly to Thursdny** low point—10.76- for January ami 1 -point below Thursday's low-10.84—for December. ' In the In*V higher prices firmed oh covering by shorts Induced by fears of frosts over bight, the close being very steady net 2 to 10 points higher than Thursday’s closing figures. Comparative port receipts: —M **07. Saturday Monday . Tuesday . Wednesday - Thursday .. Friday .. .. Total, week Since September 31,984 .. 44,750 - ..63.487 .. 34,442 44,022 .. 42,060 . #250.745 ..971,629 Estimated receipts Saturday: 1906. 47,768 62,674 84,389 46,646 50.696 63,177 355,350 1,288,103 1907. New Orleans 3.000 to 4.000 Galveston 7.000 to *9.000 Houston 6,500 to 7.000 SPOT COTTON MARKET. Liverpool, easier; middling 6.52. Atlanta, quiet; middling 11%. New Orleans, nominal; mliSmtuf 11%. New York, quiet; middling 11.75. Wilmington, steady; mldullttg 11%. Baltimore, nominal: middling 11%. Boston, quiet; middling 11.75. rhlladelphhi. quiet; middling 12c. Houston, steady; middling 12c. Memphis, steady; middling 11%, St. Louis, quiet; middling 11%. Norfolk, steady: middling 11%. Galveston, quiet; mlddllug 11%. TODAY’S PORT RECEIPTS. The following table shows receipts at the torts today, compared with tho an mu day last year: INTERIOR RECEIPTS. HAYWARD, VICK A CLARK’S DAILY COTTON LETTER, New Orleans. Oef. 11.—Liverpool was steadier than expected. Futures fully con- foriue.l to yesterday's decline on our side, '"it did not go any lower. Our market opened about 2 higher, nud there was so little cottou for solo around the opening tbat short* that wanted to buy In could •mly take very moderate lines lest they I"imi It up ngnlnst themselves. Belling here only starts whenever New York breaks or the Interior sends some hedge selling or- " rs The more conservative bears are evl* •Iftitl.v atrold of following the decline fur- 'her during the frost period.. Prices re- «»»vwiv,l about W points, but there Is no I'uil speculation back of these gains toehold [/"•ai. Professional opinions and formasts troin other quarter* nre so bearish It Is #n "' , *h tif Intimidate the stoutest. Liver- Kent rather a significant eabte say* y- ,"™»utli not ntTerlug ns freely ns pre- atetPfi; t*x|H*et recovery." rreih the Interior *•' learn that the lutd outturn of yield In Mie central nml western states is keeping 'ip confidence In the staph*, and that big in l iners are buying up the product from Mina Her farmers, and that quite Independent "i U| .» union movement. The weather map MmwK generally fair weather In the belt, m- rnit} wave has Increased In Intensity nii.'' ,nov lug eastward, raising the proba- '•mty of frost over Btiudny In Arkansas. i*nii.-KKee and North Carolina. New York sen gened toward noon, and otir market Promptly followed. The opinion that re- ■"iiri-efr for hohllug the crop are nbout all ^iicngeil, la being expressed oti many sides, it,,,i „ i—.»— con# . New York. Time will i - so or not. Meanwhile continued' tienrlsh prophecies are ”v"" V? have n demoralizing effect. York, Oct. Jl.—r. H. Burlin' 4 I’o.: If, *»• . ,,nt surprising that the .market siiould have lind n little recovery from ‘. ff'w a serious decline. This Is n very natural occurrence In h professlonnl market, •"'••rpoot ,-nbles wore nbout ns due, nml "cather was generally fair all over the bm i l* '* being expre • «d it break In sftot »i Umjtly ndvertlissl by N*« If 1 * "hether this Is so The New York Commercial: Much Inter* est Is being taken In the new quotations msde on cotton yarns. The variance be tween prices for near by delivery nml con tract Is wide and bu more than ordinary pi ... ,. _ contracts. Both knitting nml weaving yarns nre weak and no attempt on the part of sell ers to force sales Is being made, ns this would only complicate matters. The market on staple cottons Is easier for the buyer and orders on sheetings, drills, denims nml nsnahurga for forwnrd delivery nre being placed with Southern mills to some extent. rrlnt>rs nre reported ns tnkhig regulars ns they come_along‘for near by nud forward delivery, find there Is no apparent weak ness on narrow goods below the revised prices. Iu tho Jobbing trade stacks tre sold down close tor fall nml winter de livery. and on knit goods, hosiery and white good* especially, the Jobbers find difficulty In replenishing stocks from first hands. Some of the largo silk Importing houses declare that they have a larger business In hand for spring delivery than they have handled In several seasons. Their fancy silks and medium-priced staple blacks nre especial favorites. On forward contract white goods houses and embroidery houses nro booking orders for fall of 1908, nt prices which show no decline from those ruling for the present season. Th effect of a de cline In cotton has In no wuf been reflected In the finished product* lu fine white goods and embroideries. Print Cloths Irregular. With values on print doth showing marked Irregularity on forwnrd contract, most buyers ore holding back their orders on iKith narrow and wide goods. While reg ulars hold firm nt 5%c, narrow odds are selling Irregularly. Borne agents offer 28- Inch 64 by 60s at 4%c for delivery, begin ning January. Wide gray goods have, been worked down to C,%e with only moderate forwnrd calls from converters. NO EVIDENCE OF SELLING PANIC AMONG HOLDERS. New Orleans. Oct. 11.—The Timrs-Demo- ernt: “Yesterday's cotton iVtrket decline ngnlu demonstrated the futility of counting >n speculative support lu behalf- of the tnple so long ns the friends of the price are denied the co-operation of the 8outb. The spot basis will Imrdly be permanently weakened bv the depression of futures; but. on tla* contrary, should he strengthened perceptibly, for there Is yet no evidence of a selling panic among the holders of s^tot cotton, though Drive enemies nre vigorously xploltiug predictions of one. In this New Orleans, which, difing recent years, hns led lu nil price advances, * now com- pi ten ted by a labor strike which Is tying up cotton, by the absence of support from Its natural allies, hud by the fet that the future price, dlscoiintln ns It does the less desirable cotton rather fhan basis mid dling. Is being looked upon by the consum ing world ns a price ndvoente little to be the South until called for. is now a less eager buyer than would be the ease tinder normal conditions. On the surface of the things one would suppose tbat despite the labor strike raer- ,-hauls would tnke advantage of the sharp discount at which Ortolwr Is lulling under spots in call for cotton ou contracts. - Hayward, Vick & Clark. RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAME OF STOCK. Aumt. Copiwr. .... Am. Ice Securities. . . Am. Sugar Refinery. . American Smelting. . Am. Locoratlve. . . ; do. preferred. . * . Ain. Car Foundry. . . American Cottou UU. • Anaconda Atchison do.preferred. . Atlantic C. Lina. . . . Brooklyn Itnpbl T. . . Baltimore \ Ohio. . • Chesapeake A Ohio • Canadian Pacific. . . - Chicago tc Alton. . . - Consolidated Gas. . . - Central Leather. . . . do. .preferred. . . . Colorado Fuel & Iron- Corn Produce. . . Colorado Southern. . - Delaware 9t Hudson. . Denver A Wo Grand*. Distillers’ Securities. . Erie do. preferred. . . • General! Electric. . . . (•rent Western Northern pfd. . Illinois Central Interlioro. do. preferred. . . . Kansas Sc Tsxas. . . . T0* 109% 109%! 104% 45% 3 is 5 I 2 ’MHI SC.i’ (0* 14*. m £ S5 sS , J* MHl M*) ....| »!i NAME Of STOCK. Louisville Missouri pacific. . . . Mexican Central. . . . New York Central. . . Northwestern National Lead Norfolk Sc Western. . . Northern Pacific. . . . Ontario & Western. . . Pennsylvania Pacific Mail People** Gas Co. . . . Pressed Bteel Car. . . Heading Hock Islam! do. preferred. . . . ltepuhlic Iron A: Steel. do. preferred. . . . Southern Pacific. . . . Southern Hallway. . . do. preferred. . . . St. Paul Tenn. Coal * Iron. . . TAxas Pacific Union Pacific U. B. Rubber do. preferred. • . . U. N. Steel. do. preferred. . . . Western Union Wabash do. preferred. . . . Wisconsin Central. . . do. preferred. . . . •123" tei . q 15% i«i IS i »8 25 m3 i tohI •Ex-diVidend 1% per cent. NEW YORK. Oct. . . Nov.. . Dec. .. Jail.. . Feb.. . March. April. . May. . July. Closed steady. h Si* Z \M iMifoTs i ii 10.76 10.89 io.S3io.9G 11.0011.00 10.90TO.9S 10.96110.98 l6.76-77110.68-70 mngm*.6g.;o 1.86-M 10.79-KO 10.K2-H3 10.87-SS 10.90-91 10.93-91 10.97-53 10.81 . 11.91-93 10.96 96 10.96-98 10.93-99 10.99-11 LIVERPOOL. Following figures give the opening range. 2 p. m. and close, compared with yesterday: Futures opened easier. Opening Prevton* Kangc. 2 p. m. Close. Close. October...... 6.04 -6.06 6.05 6.10 6.12% Oct.-Nov 5.98 -5.99% 6.00 6.05 6.07% Nov.-Dee.... 5.91 -5.93 5.92% 5.98 6.00% Dec.-Jgn.,.. 5.87 -5.91 5.90% 5.96% 5.98 Tan.-Feb 5.86 -6.87% 5.88 5.93 5.95% Feb.-Mareh.. 5.86%-5.88 6.87% 5.92 f# March-April. 5.84%-5.87 6.8S 6.9f Aprll-Mny..., 6.87% 6.87% 5.9L May-June..... 6.85 -5.86% 6.87 6.92' ■Tune-July,... 5.87 5.87 5.92 Closed steady. NEW ORLEANS. Following is the range In cotton futures In i o 4 £ k 3 i as Get Nov Dee Jan Feb March. . . April. . . . May. . . July. . . . i&N ioIto ton tott \\.w 1.04110.92 toMtoii 10.91(10.76 lV.oi] 10.87 L061L97 TTm ton lV.oo 10.97 117^.101 to.te-90 10.81 110.72 10.85-86110.76-77 10.8849 10.8041 10.94-96 10.87-88 11.03- 02 10.92-93 11.04- 06(10.96-99 ll.tB-HH. 01-02 ll.lt-f» 11.064R NOTES ON GRAIN Pointers on Provisions. Special to The Georgian. (From Hayward, Vick Sc Clark.) Chicago, Oct. ll.—Bartlett. Frasier & Car rlngton ~ J ‘ see nothing abend but slight recessions ' [her prices. Jorn receipts slightly over tho estimate, hut the deurnud for cash Is extremely good. Can see no reason for a decline In prices. The demand for pats never was better. year ends. Chicago Record-IIerald: “The merchant who believes the old theory of supply and #T • , n,,r market opened 2®3 points np j, r "» Idsf night's close and ruled steady •i,. trausaotlona.. In the early se»- market hnrdened si>me%rbnt and ••orerlng. chiimmI by forecasts 'father lu the h*lt, advaucM prices ,.points more. After the inure *hort interest hnd covered their advance was lost ngnln by hick of * 1*7 rf B **d profit inking, prices returning lx. 1 M i Mt ,hf * opening figures. As long ns ’ a* nous ilnmage 1$ done to crop by ..r , wr n,, here to favoring the abort side " r the market. ATI.ANTA M^VRKETS. FRUIT AND PRODUCE. E**,"iB—Active. LIVE POUl.Tnv-Jifn# -»etl»*. (0©«y: flilckon. Ifresh), St'.itiWr. Puck. (Pekin) 3*,' tach; puUrj#.-. 39c each. Turkey, active, 11c P nu7ssnn POtjjTRV-Turkerj drawn, active, 30c pound; frlea active, 20CKHc lb.: bena. t6c pound; ducka, drawn, fancy, lit. P p’nonncB-Urd, I3c pound: hama active, lfo pound; abouldera nctlre. lOQlle pound: alilea active. 11c pound; hiitter, 1863(0 per ponnd: Iweawa* nctlre. 15c pound; bonej tbrlaht) active. 15c noun,I. FRl’iTH—Lemons, fane, Meawnn. H.o»4» I 75; hanuuoa. 3*ie iwund; pineapple., Flor ida stock, J«.00«t.6u: I line-. Florida .took, TBo twr huuilred. t’i'aniita In sack, aver- Inc 100 pound, each, owlns to gtajde, liSc per pound. Jamaica oranges, C.OO: *1 apple, lStft:^: dried peaehea. Mil 14)4e; coeoanuta. «3.00 aaek: Georgia t>eoehe. . ^BETAni.EN-Potntoe, per bushel 31.10. aweet |>otnt.K'«. 90e«l.t». Onion, «Ut bn.; Snnnlali, 11.50 crate; kraut H lairrel, S3.7a; ealihage. X Virginia. i\>- pouu<I; Danl.h Je. Celtrir. «0®T5e a hunch. Cnullgwoer, 10« 12%c pound. Lettuce, 82.251/2.50 per crate. GROCEPtlcB. HirK-Jnp. 5flfi%c; head. We; fancy bead. 7«?7%o, according to the grade. * . CUBKNE--Fancy full*cream. 1 ivr*; Gforahj cane syrup. 37e gallon; halt. 100 pounds, wv?-. axle grease, 11.75; soda cracker*. 6%e pound: lemon, So; oyster. 7c: barrel randy, per pound. 6%c; mixed, oer 3 pound*. (B&c; toms- toi**. 2 pound*. 12.00 case; 8 pounds, C J6*. uavy beans. 12.90; I Jinn beans, 7e; heat matches per gross. 81-66: rancaronl. C%48«e pound; sardines, mustard. 33.W ease. BUGAH—Standsrd grannlatwl 6^0; New York refined. 4.90; plantation. 5e. COFFEE—Boasteii. Arbttrklef, 816.00: bulk In hogs and barrel*. 12c; green,.11012*. SbreildH. biscuit. tt,0f. esse; No. 1 rolled oats. 33.26 rase; mek grtra^lf-ponnd bag*. 82; oysters, fnll weight, advance values for sentimental reasons." says G. H. Daggett, of Minneapolis. “<x*e*• slonnlly takes time to pnnso nnd consider. When he has done so of Inte these are the questions which confront him the most persistently: How much gold can a farmer buy with his oats as compared with a few years ago? Nearly twice a* much. How much with corn? Nearly twice as much. How much with barley? Over twice ns much. Now how much gold will his wheat buy as compared with those other years? No more. Wheat almost every year sells not so very fnr front 31. Now, then, and this Is the point In question. If be can get * * b as much for everything but wheat, long Is he going to continue seeding the latter? And If he has any wheat In his hins, will he, do you think, rush It to market nt such u tremendous discount un der everything else on his farm from eggs to horses? The present-day farmer spends his gunny hours as of yore making bay, but he puts lu his evenings comparing notes with his fellows over tne telephone.*' No precedent enn be found In existing rec ord* for tlie Inrge decrease shown during September In. the visible supply of wheat. There was a decrease lust month of 5.709.000 bushels. The only September* In the last twenty yenrs which snowed any aort of a decrease were In 1896. when there was the faint decrease. 192.000 bushels, nnd In 1906. when there was nu even fainter decrease of only 1,000 bushels. It Is also necessary to go hock to 1895 to find nu October that showed n derrease, supplies that month tailing off 658,000 bushels. Increases during September since l«rw; have ranged from practically 10,000,000 bushels In 1901 to 3.300.- 000 bushels In 1906. The decreases shown In 1896 and 1896 followed an era of low prices, following tho panic of 1893. when prices of contract No. 2 cash wheat In Chi cago ranged from 48%eiff88c, the low point being lu January of 1896 nnd the high In April of 1893. The range for 1896 was from 63c In August to 94%c In November. Decreased receipt* are promised soon In •most of the wheat territory tributary to Minneapolis. Farmers nre busy plowing, previous to the freeze-up. and are letting rhelr thrashing go unfit later. Not over half of the thrashing hns been completed lu the Red Hirer valley. Duluth Is paying a big premium for cash wheat lu order to attract supplies for shipment East, nud Is gettlug more than her regular proportion of tin* dally arrivals. Bouthwesteru receipts have fallen off very sharply In the last few days.'* Generous rains put the soli lu excel lent condition for plowing, and farmers were takJug advantage of It to prepare their wheat land. J Bronuihnll cables that drought In India ■till continues and the situation Is consld- crctl serious. Bhlppers recently bought back n cargo of Kurncbes wheat. Austra Ran drought Is ut present unrelieved. It* cent rain did very little good. Market* are excited. Kentucky crop report. wired by King of Toledo, show* n corn condition October MARKET UNSTEADY FOR TOT EARLY Wheat Started a Fraction Better, Later Losing Over a Cent. ST. LOUIS CASH QUOTATIONS. Wheat—No. 2 red winter 7. 1K%01O6% Corn—No. 2 63% Oats—No. 2 51% Chicago, Oct. 11.—There *was an unsteady market In wheat nt the opening today. De cember started %e higher at $1.06%, but soon sold down to 11.04%, %e below the cloie of yesterday. Corn was tip %c. but failed to hold. Although Inte Liverpool cabtea quoted fu tures only % to %d higher, the English spot WEATHER REPORT. WEATHER CONDITIONS. ■>' Th* with wheat %c off, onts unsettled. markets all ended rather quiet, 1 * lower, corn %c up to lower aud provisions CHICAGO GRAIN MARKET. yesterday’* close: Open. High. Low. » 105% 106% 103% 104% 106 y..... iu% m% io9 ho% no% .V...., 104% 104% 102% 102% 103% 6674 51% 82.25 case; pepper. HAYWARD, VICK & CLARK, COTTON, STOCK8, EONDS, COFFEE, GRAIN AND PROVISIONS. Cnrondelot •nd Gravicr 8t«., New Orleans. MEMOERS: «S S a* 8'ctiZU; KLayCsfe prfe C0«,e. A» a Now York end CWeege CerrMpond.Dt,: 8. BACKE 0. CO., AND BARTLETT, FRAZIER & CARRINSTON, PRIVATE WIRES TO ALL POINTS. lie pound; hiklnf powd-r. IS re*,; rrd Minion, 15 nee: pink ulnion, 14.50 mae: cocoa, 45c; chocolntc,/43Hc: .nuir, l ib Juri, 4»c: root beef, H00 roe; .Inin (New Or l-ene). 3> willnui corn, 30c enilon: poteel -J3.35S3.S) cnee: pceuut.. to: rope, 4-plj cot ton. 22'kc; eoep. tl.Mfrt CANDY—Mick, eeeortcd *V4c pound; .tick nieort.fl. tHr pound: fencr eMortnl. pell,, 8>ic; diocolute drone, pelle, IliHc: Elk. no sorted, ten boice 15.60. FLOUR ANO GRAIN. Fl.Ol'It—Hluheet potent. W.8: beet pet- rnt. 55.75; etonderd pntcut. 55.50: belf pel- cut. 55.*: eprtn# wbent potent. 5*.*. COHN--No'. 3 white 33c; cholf. white. S3. -, mixed. Me; creck.il corn prr bneh.l. 83c. CHICKRN FKEP—FIft..-pound earke. It; Pnnln chick fje.l.5t»: Victor rcwl. It 53 OATS—No. 3 whit.. *5c: No. 3 mixed. Ur. Golden Oete, 6Sc; whit* clipped, «8c; fancy " MFA1 i^tMi'in'iwr M-pouud efleke. 35c; 43- ponnd encks. 55c; plain. 2!-p»nn<l sacks. S5c; ferm. 51^. HAV-Ttmothy. .hole, litre. Mol do., choice emnll I>n|c*. 51.30: No. 1. one third I mice. 51.53: No- 3 .^nDr*. 51.30; cnolc. preltlc. 31.00; B.rmpde. 3L3#. SHOBTS-t'hoic. whit*. 51.75; finer. Jl.«; brown ISO to luo pounds'. 31.60: brand. 61.50. COTTON SBEti JIKAL-Friin. per ton, 125.53; No. 2 per ton, 324.00; bulls p*r ton, PROVISIONS. 1-novlFIONR-HiiBrcm. him., I5c: h»|. lies 20P25 pounds average. 10%; f*t backs. H.rnrcmo lertl. UHL f-nrity compound; «H. Cellfornle hem., 10c; dry Mlt rlbe, 3.33, SAGGING AND TIES. BAGGING- 154 lb. tojtc:! lb. lie; 3H lb.. Mti- rr rnilc.1 leecond hand), 75te. TI MS—New 11.15 hnneh. swoml-bemt 11.05. FIND - Urcim.^Tc _Pn-«il: kt en«jiMr, Msy . I July... . . COR.V- Dec 61% May 61% July..... 61% OATS— D#c May _ July 5 . FORK— T)ct Jan... 16.10 May... 16.45 LARD- Ool... Jan... 9.15 "Sto-”" 1 Oct Jau... 8.25 May... 8.47% as 61% 54% 6474 5«% 14.60 16.10 16.40 9.22% 9.15 9.32% 9.29 9.02% 9.2» The low pressure area has moved east* ward and Is central this morning nt Buf- fslo. N. Y. This storm area has camuHl slight rises In temperature over the Obi* valley ami the liorthenst. and cloudiness with rain throughout tne lake region. Rnln was falling this morning at Buffalo nnd rincinnntl. Another low area centers in southern Florida and rnln has fallen from Jacksonville south. Almost the entire coun try west of the MIrhInrIppI remains under the Influence cf the high area that Is cen tral In North Dakotn this mornlnt: nnd Is causing clear and cool weather throughout the same region and the cottou l»elt. . The ndvance of this area of high barome ter will give continued fair weather in this section tonight nnd Hnturdny, with no ma terial chonge In temperature. CBTTON REGION BULLETIN. For th. 34 heron endln* »t 3 ». m.. 15th ISSK55* m.Hdlin )lme. Octobcr.n. ,15)1 Mtall&’ind Oh TTPS FLASHED From Wall Street, Special to The Georgian. (From Hayward* Vick & dark.! New York. Oct. 11.—J. ti. Bin-lie Sc Fo. AmcricaiiN lu London sUghtly below parity Bcttlemcut jiiiasliig off Mntlsfactorlly. There will be no gold export* ti» France If Intt-rest on transit not allowed. Shorts were covering tip nt the close of market. Drop In call.money rate* helped. The bonks bare galucd considerably tl week from the siib-trensnry. A further Improvement In general list expected today Town Topics: While the rally tuny run a little further, we look for no Important general advance, but expect a renewal of the liquidation niuong many of the in vestiueut Issue*. The practical hick of aun port in nm-h stocks ns Louisville, Atlatitb been reaching for the bottom In their p t chases. .The discrimination by the bank* against industrial collateral Is havtujr a bad effect, and I* the cause of much tiehr.ig on the parr of business nnd real estate Inter ests. who are also under heavy burdens elsewhere. Most of the standard rails aro exceptional- ly cheap, hut we would not advise their purchase now. as we expect to sec the unset tlement continue, discount by a much more serious situation Iii the financial and general business world than has ns vet been realized by the rank and file In Wall street. The report thnt the Biuik of Franco has withdrawn Its offer of fncilities In connec tion with gold Imports may lie taken with a grain or salt. The prospects nre for a favorable bonk statement toAjg'tow*. itu« to treasury aid nnd liquidation of loans, but enthusiasm on this account should not be allowed to Influence one fo load up with stocks now. Liquidation !■ the order of the day, nnd there will lie little on the long side «»f the market until It Is more nearly completed. The copper nnd steel *tt- tintlon* are still the tnnln bear arguments, and they are as serious n^ever. We do not think this development lias ns yet been discounted, and believe that the Industrials f federally, and the metal *hn;vs particular- y. should be sold on nil the bulges. Cotton Is due for a rally, hut on advances of 10 points or so, we Ihluk It should lie sold again. The grains, In our opinion, should tint lie bought now. in fob n i« mirni'i. ... , r . rest of th* CHICAGO CAR LOTS. The receipt* of grain In ear loti today and estimated receipt* for tomorrow are as fob lows: I STOCKS OFF - AT TFIFJPENING Northern Pacific Started Over Point Lower—Oth ers Fractions Off. DECLINE CONTINUED At Midday Tone Decidedly Weak—Sharp Declines General. New York, Oct. 11.—The market rallied a little In the Inter trading, but the mue quiet liquidation which hns been in evi dence for a week wan resumed, and l»y mid day substantial losses Were recorded nil through the Hsf.' There was no new In fluence |n flje. situation. The selling by oemed to he ,-t fact thnt the severe de- INies of the -week hnd nnderinlned the position of the pool* In a number of mli»M' Issues and Hint these were no longer able to extend protection to their speclnltb't-. **** demoralization lu tills group of stocks only worked harm elsewhere, but brought a good deal of selling Into the ber- tlie Issue*. All the nietnls reach*-! n. new low level during the morning. M slstsure was shown Iii the railway shares, hut the** finally gave way nud dropped off n poiut or elflc. Btacl coiiunon. Aielilsoit Far Foundry and Fillup pacific Inst %. Groat Northern opened % higher and New York Feiilnl Reading opened % t|p and then Wheat. . . . Corn Oats Hogs, head.. Boston. Oct. 11.—Following was tho hid and naked price on Georgia Railway and Electric Company today: Bid 75; asked preferred, no market. MINING STOCKS. New York. Oct. II.—The domestic raw nml refined sugar markets unchanged, l^indon beet sugar unchanged. THE LONDON 8T0CK MARKET. * * ■ 1—“ • — —> yJp n 2PM Clo* STOCKS- Allanin. (Hear. . . , ‘Chattanooga, clear. xGreenvIlle, clear. . . . , Griffin, dear •Macon, dear Montlrdlo, ciear •Minimum temperatures ar* for 12 houV* •tiding 8 a. m., this dst*. xReceived late; not included In averages. Light frost at Clanton, Ala., and Waynea- CifiTKAl STATION. 8.92% 8.16 • 8.37% 7.10 m THE LIVE 8TOCK MARKET. Market Steady; light mixed -u7: henry $6.10©f; rough filtfUB; pigs xlfa 6.76; yorkers 16.95(87. Cattle—ItiH-elpts 5.000. Market slow; beeves 35; cow* 11.6065.40; Texas stfer* 83.90(94.90: calves 85.60«8; western cattle 140 6.10; stoekers ami feeders $2.6004.85. Sheeti—Receipts 8.000. Market steady; na tives |3{tf.tf0; yearling* 85.60dtf.25; lamb* 85 07.85; western $5$7.40. LIVERPOOL GRAIN, Wheat opened % lower and at 1:30 p. m. 4ft% higher. Closed %4» 1% lower. C:orn o|>ened uuebanged to % lower and * lower to % higher. Closed Atlanta. Galveston. . , Little Rock. Memphis. . , DISTKICT AVERACtS. Wilmington. ... Indicates inappreciable rafnrall. tl) For <2) For 24 hour* endiug t a. m., I Remarks. The maximum temperate what higher In most districts. were some The mini Clear weather prevailed over the belt predahle rainfall. W. V. MARTIN, Observer. Temporarily In Charge. THE SUGAR MARKET. Boston. Oct. 11.—Utah Mining 33. North Butt* 43. Osceola 88. Ilutte Coalition 13%, Cntumet-Arfsona 97. New Haven 142. Knielt- lug 35%, Calumet Heda 639, Nevada 9%. Franklin 7%. Mnrkit weak. THE COFFEE MARKET# The following figure* give the opening luge nml dose In tha New York coffee market for today: Opening Range. January .. 6.00-6.10 February 6.10-6.15 March ..6.15 6.25 April ..6,20-6.39 May 6.$b6.» June 6.30-6.40 July 6.3541.40 August 6-35-6.40 Beptemlier 6.406.45 MU' /::: :£SiS Decetnlier ..W04,tt Closet! quiet. Bale* 6,759 bags. Close. 6.10 6.15 6.15-6.20 6.20-6.25 6.254.9) 6.394.35 6,354.40 6.6)4.45 6.404.45 6.454.50 5.864.9) 5.95 6.00 6.064. W COTTON SEED OIL MARKET. pound; trout. HllOe pound: blue fish,'8(Me pound; pompano. 22%e pound; mackerel, 12% ... INMind; mixed flab, w* pound: freeh water rnrnt, 19c pound; mullet per barrel, p.60(# y lij.oo. * Closetl stead r Bkles. I WEATHER FORECAST. Washington. Oct. 1!.*—Weather conditions and general forecast: The lake region depression has made little or no progress eastward during the past 24 hours. It hns caused only brisk wind* little precipitation outside the Itumml region of the Great Lakes. An area of high pressure of considerable magnitude occu pies the central Rocky Mountain region, with temperatures in North Dakota tbU morning 8 degrees below freezing. Pressure continues low In the West Indies, but with out any storm developments. The Indica tions for the ueit few days point to fair weather lu thla forecast district, except that rain will probably continue In the low er lake region for nliout 24 hours longer. Marked temperature changes are not an- Urinated. Virginia—Fair tonight and Saturday; slightly colder Saturday; light to fresh westerly winds. North Carolina. South Carolina, Georgia and Caatern Florida—Fair tonight aud Bat- urdny: light to fresh northwesterly winds. Western Florida and Alabama-Fair to- night and Aafurday; slightly warmer to night In western Florida nnd southern Ala bama: light variable winds. Mississippi—Fair tonight and Saturday; -diglitly warmer tonight Is southern portion, light variable winds. ROOMS ALL FILLED. 14) fitO% barrel*. ‘ Number* of peopla have Ailed all their room* by uain* the "Room* For Rent” column In The Georgian Want Page—40-eent half-pound bog of Wi ley** beat candy free with each 35c Want Ad In next Saturday** Georgian. Baltimore and Ohio .. do. preferred .. .. Chicago and Great Western.. Canadian I'adfle Denver and Rio Grande .. do, preferred Erie do, first preferred .... do. second preferred .. Illinois Central Kaunas and Texas do. preferred Louisville nnd Nashville ., Mexican Central do, preferred .. .. .. Northern Pacific Norfolk and Western .... do. preferred .. ., .. New York Central ., ., .. Ontario nnd Western .... Pennsylvania Phllnddohln nnd Reading da, st preferred .. .. do, second preferred .. Rock Island .. Southern Railway do, preferred Southern Pacific Bt. Paul I'nlon Pacific I'liited Ktntcs Hied do, preferred Wabash .. do, preferred ST4 ieiii »l>4 I a iu iii a)-* -i.*~ 7!.' ....I 8% i ....f 17 I..... I gained ... .. deeltued %. Closing bids follow: - i Railway Stocks. Atehlson ! .... Baltimore and Ohio .. .. Chicago ami Northwestern .. . Erie . . I.oiilsvllle and Nashville Manhattan I, Mexican Central Missouri Pacific .. .. ... New York Central .. .. Pennsylvania Reading i .. .. Rock I sin ml preferred Bt. Paul Bout hern I'arlllc Soul hern Railway Colon Pacific Wi; bash Wlscoiisln central liitcrlHiro Metropolitan -.. Great Northern Miscellaneous. Amerlcau Cor nnd Foundry American Locomotive .. .. .. .. American Cottdn Oil .. '.. .. .'. American Smelting nud Refining Brooklyn Rapid Transit Colorado Fuel and Irou Nnilonnl Biscuit National Lend I'adfle Mali Pressed Hteel Car Bloss-Hheffldd Hteel Bugnr Fnlteil Btnte* Hteel do. preferred • Western I'nlon .. .. Mackny Companies .. do, preferml Vlrglnln-Carollna Chemical ...... ..113 ..12875 .. l #i .. M ..104% .. 24% 4°o| UNION |4°o SAVINGS BANK Gould Building CAPITAL STOCK . . . $100,000.00 RESOURCES 4% S230.000.00 4.0 BANK STOCKS. Ccntrnl Rank * Trust Union Savin-^N, Itowry Ntttioniil. Prices on np- Illicit linn. HILLYER INVESTMENT CO.. Bond Dep't. English-American B'dq the American audit compan' Home Office, 100 Broadway, New York City. F. W. LAFRENTZ, C. P. A., President. C. E. Munv.-ring, Vic* Preild*nt. Th*o. Cocheu, Jr, C. P. A.. Sr.. *mf Time BRANCHES ATLANTA—Kotirth Nlfl H»n!: RM» CHICAGO—M.rtiil.K, Rutldlnf. -Htl.ADEI.t tA—BelU-vue-StrattorA BAN rr.AKCISCO—CcUen Uullilln*. NEW YORK—Waldorf.Aitorl*. BOSTON—Exchinc. Bulltllnr WASHTNOTON—Colorado butldln*. NEW ORLEANB—Hennrn Butldln*. BALTIMORB—Fidelity Building. LONDON. ENGLAND—( King Street. Cheap»ldt. ATLANTA BRANCH 1015-13 Fourth National Bx.-.k Buildin*. 0. B. BID WELL. Resident Manager. Telephone, Main 872. Cabl. Address. Amdit. N. Y. Fl’.ANK HAWKINS, frnlileot. n. M. ATKINSON. Vlre.l-rf«li!ont. THOMAS C. EltWIN. Chl.r. JOSEPH A. U’CORD. Vlce l-re.ldeat. U. W. IIVKHS. Ai.litant C.bl.r. Third National Bank Capital - - - - $200,000.00 Surplus and Profits $400,000.00 JOHN W. GRANT. II. Y. M'COKD. FRANK HAWKINS, U. M. ATKINSON, JOSSPU A. M'CORD. 3. a. NUNNAI.LT. J. CARROLL PAYKKL IS. B. ROBMKR, DAVID WOODWARD. L. H. Fairchild. Eatabllah id 1885. S. L. H. FAIRCHILD & COMPANY, NEW ORLEANS. Mtmbart: Sew Orleans Cotton Rsehiogt. New York Cnffe# Exchangs. New York Cotton Kxrbangv, Sow Orleans Board of Trad*. New Orleans Stock Ksetuioga. « hlcngo Bonn! of Trsda. LIVERPOOL COTTON ASSOCIATION. Private Wires to NKW YORK aud CHI CACO. Order* solicited 'for on above Fv.-twimreii H C Ci ALONZO RICHARDSON & CO. PUBLIC ACCOUNTANTS. AUDITORS AND BANK EXAMINERS. Audit*. Special Exeniination*. Costing and Syit.matizing. EMPIRE BUILDING. ATLANTA. GA.