Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, October 29, 1907, Image 13

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xHi)j ATLANTA GEORGIAN AND NEWS. '1 l'i:SDAV, OCTOBEU 29. 1307. J 8 ATSHARPDECLINES Declined a Few Points Fur ther Immediately After the Call. LOSS WAS RECOVERED At Noon Was Selling Around Opening Figures. December Strongest. cotton market this mornlof. duo to heavy gelling. Tho Hit at the outset was down 7 to CO point! and the break was increased further if ter the. rail under hedge selling by Interest! In the South. There was heavy buying during the flrat hour by some of the lending short Inter ests. It was estimated that three or four of the lending houses had covered fully 100,000 bales of short contracts since yesterday morning, and It was estimated that one Wall street firm bought 30.000 b.-itea this morning nnd another about 20,000 bales. Part of this buying was believed to be of Iona account. 1'rlces In the middle of the morning were about ?#S net lower. Liverpool advices Tdesday morning were entirely satisfactory to the bears. First prices lB*dbat center were lower, nnd from start to finish the market was weak. At fir close the tone was steady 12^19^ points under Monday's final figures. The following Is the range In the active months In Liverpool today:. . • . Open. High. I.ow. Jnnun ry-Februar.v.... ».o) 5.52 5.42 March-Aprli 5.51 5.51% 5.43 May-dune 5.60 5.52 5.44 Dctobar-Xovoiober.... 5.62 5.62 6.49 .spot cottou 1 was reduced 22 ixdnta to 5 83 f..r middling on sales of 8.000 bales. New York opened in sympathy with Liver- pool, the decline being sharp at the open ing. und after n further loss of a few points tho market-steadied, due to a cover- ng movement. December was th*- strongest _ .. _ point; Monday s dosing, nt 10.10. January .. points off at MO, after selling at 9.72. NEWS AND GOSSIP Of the Fleecy Staple. Special to The Georgian. (From Hayward, Vick & Clark.) Now York, Oct 29.-J. H. Itaohc & Co.: Liverpool cables were due 10@UH lower on near and 9 points lower on late months. Opened Irregular. 8 points lower on uear nnd . points lower on late months. At 12:15 p* pbjWas easy on near, steady on dis tant. 10(Q)15V4 lower on near and 7tt9*4 lower on late months. f*pot cotton easier 22 points lower: middling upland 5.81. Sales w: American 7.200; speculation and export 500; Imports 14,000; American 13,500. There are unmistakable evidences that the Southern farmers nnd planters are let ting loose their accumulated lines of spots. I res sure on the cottou market clearly Indi cates this. The break of yesterday below 10c nnd the sharp decline In spots In Liver pool this morning confirms this fact. We see no reason to bull cotton now, the farmer must let go. Money stringency and financial unsettlement Is forcing the spot cottou on the market. We believe that prices will work lower for the preseut. General commission house selling. I which Hubbard was conspicuous, broke opening, with Wall street principal bu: The trade expected lower temper atures In the Atlantlcs than have showed. Arbitrage houses continue to buy hero nnd sell In Liverpool. Hutton covering shorts this morning. ... bought about 35,000 bales of December and January. The market sold off on wenk Liverpool, due to heavy spot offerings on necount of domestic and financial troubles here. Pro nounced short covering has steadied the marker. Advise strongly against selling the market now, ns any let up is liable to bring about a pronounced advance. Heavy short covering by Huttdn, Hlordan, Crutchfield la put down to Price. New Orleans, Oct. 29.—Hayward. Vick & Clark: Better feeling In New York over financial affairs, nnd unfavorable weather should both help cotton. Would rather buy It. Good buying now nt the decline, there are signs that big hold of cotton lor good, all the way down. The break in stock market of $2 to $3 causes dullness in cotton nt the moment. Believe, however, this turn In stocks is only u vibrutlou following the great smash ■* recent weeks. Do not look for any per- anent decline. Liverpool entiles: “Large straddle opera tors buying In Llver|H)oI mid selling iu America owing to light shipment!, on ne on t of difficulty of financing and financial upset In America at moment. Broadly, wo have a favorable opinion of the market, and think the crop not equal to demands." Edited by Joseph B. Lively. MARKETS Ur. Urelj'l twenty-nv. y«ir«' .ipcrlenc. of ed iting markets Id Atlanta and th. South h.n mads him n recoRulMd au thority In lilt specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS TIPS FLASHED From Wall Street. this same Idei the belle „ quenees. Trade I* suffering ami dry goods id will pull in ork. Oct. 29.—J. roent Ion. Tho close watt stead j- 3 points lower I Tlie Liverpool''market met' i« li.s-Uuo of to 8 points higher, the latter for Jan- ! yesterday and further low levels were re-' uarv corded near the opening. December sold at fU*5, while January touched 9.72 nnd . March 9.82 before the selling force spent nparatlve pori : elpts Saturday Monday . Tuesday I 1907. I 1.732.401 LsflinntoU receipts Wednesday: 190*;. 717154' 79.232 15.652 266.03$" 2.357.614 elf. New Orleans 1 5.00Mo'7.60> '24,083 Galveston 15,000 to I2.00o bulls. Reports fn re Indicate n general from first hands. Fn- ■essltles of the money situation,' It is difficult to believe that farmers nnd spot interests will hold k th»*ir cotton, ft seems inevitable that '•'o’osf ‘ prices will go lower. Rallies followed the for the the South everywh movement of cotton tier the pressing 31,700 SPOT COTTON MARKET. .\unmo, quiei; uuuuiuig 104-10. New Orleans, ntendy; middling li)5-li New York, atcady; middling lo,80. s.ivanonb. quiet; middling lOc. Auusta, steady; middling 10 7-16. Mobile, easy; middling lu*i. « lisrleston. steady; mbldlfng 10*i. Wilmington, steady; middling 10V Baltimore, nominal: middling 107*. boston, steady; middling 19.80. Memphis, quiet: middling 107*. Philadelphia, sfiidy: middling 11.93. Houston, quiet; middling 10 s *. Norfolk, steady; middling 1<% Galveston, nominal; middling lie. early break, but no outside buying dent, nnd the market became very dull the advance. ATLANTA MARKETS. TODAY’S PORT RECEIPTS. The following table shows receipts nt the torts today, compared with the same day Inst year: New Orleans. Galveston. . . Mobile. . . . Kavnflush. . . charleston. . , Wilmington. . Norfolk. . . . Heston fort Arthur. . Various. . . . Total. 1907. 14.623 22.623 3,901 23.923 HS 6.104 18.299 57.598 3,298 INTERIOR RECEIPTS. The following table shows receipts In the Inferior today, compared with the same day last year: Houston. . Augusta. . -M<-inphis. . , 1907. | 1906. 39.839 3.950 6,303 5,859 HAYWARD, VICK & CLARK'S DAILY COTTON LETTER. New Orleans, Oct. 29.—There was no particular reason for the demoralised ••pi ning of our cotton mnrker this morning. General lack of confidence nnd support pro- 'filed conditions that even the few small selling orders were not absorbed without great loss. First trades were nt a decline of about 16 poiuts. After a little time had elapsed for reflection, shorts thought It ""i th while to cover some, and they stead ied the murket. Over night* news and de- '•lopmfiits were rather more favorable to *"Hon. The financial situation iu New lurk Is described In the press tin mending ••n«l confidence returning. If this Is correct, the market should benefit by It pretty soon. ** • matter what conditions may be else where. As a rule, wo arc preferably in- financed by our InuniMllnte surroundings, *nd, 11 s New York futures nr** now the standard for most cotton Interests, any Imn- rilt to that market by better local flunn- ;u>l conditions nnd a consequent change 1" feeling there might niter n good many 1 dngs In favor of cotton. This Jc break In f lie* past ten days should make It only •“ore advisable to buy f«r bottom than to ►°ll 011. The present price level Itrolf • hunges the proposition, although results •usy not be Immediate. Weather conditions likewise were In favor of the market. Heavy rains occurred in north nnd west and |Jie Territories. Heavy to killing frost is reported generally from the northeastern quarter of the lielt. I ml lea- •jon* point (o continued wet wififher 1« ,h “ western half, and there Is a cold wave "i'ilying the Rockies which tnay cause boats In the western belt by the end of •he week. Liverpool closed at about the low* •‘M. the nearest positions 19 and the Inter P"dtlons about 13 down. Gables nil say that *«• market la affected by the growing bo- *tef that, owing to financial condition* hi America, there will be freer offerings. r **gardless of crop wise, nnd that cotton •an b« thought without trouble nt buyers '• rnis. In other worda, consumers bellevo producers are In n defenseless p**ri- and that there Is no hurry to buy. many Interesta aro liearlng cottou on FRUIT AND PRODUCE. EGGS—Active. ZIlttHSc. LI VK I’OULTUY—Nona active. 40©45c; chickens, fries,’ 27tF940c. Ducks. I'cklt). 35c each; puddle, 35c -each. Turkeys active. 15c P Dlfi?88ED POULTRY—Turkeys, drawn, •ctlve, 20c pouud; fries active, 20#224c lb. hens. 16c pouud; ducks, drawn, fancy, 16c pound. . FRODUCE—Lard. 12c pound: bams active, |f,c po'tmdc sbntldcrs active. 10011c pound; sides active. 11c pound; butter, 18®24c per pound;, bqcswas. active. Ifc pound; hone> (bright)’active. 13e pound. Fill’ITS AND Nt-TS—Citron, 25c pound; almonds, lfie pound; Bmsll, 14c pound; Filberts. 1514c pound; English walnuts, 15c lb. Pecans. 14c lb. Lemon pcd. 15c lb.; or ange peel, 15c lb. Lemons, fancy Messeun, * manss. 340 lb.: pineapples, Flor- -4.004K4.59; limes, Florida stock, „..dred. Peanuts In sucks aver* aging 109 pounds each, owing to grade, 6t* / fi$c per pound. Florida oranges, 15.On; dried jymttti. 12012%o; dried peaches. 14ttc. Figs. $1.23 bo*. l>stes, Mb. package, <Hc. I„ L. Raisins. 12,00 box. Grapes. Concord. 5- ;iouud bucket, 18e; Nettgarns. 20c; Delaware, :5c. Malaga, per keg. $6,501/6.00. Apples, Virginia. $5.00; Sew York, $6.50^6.00 VKGF.TANLES—Potatoes per bushel $1.19, sweet potatoes, 60fl90e. Onions. $1.25 bush.; Spanish. $1.50 crate; kraut % barrel. $175; cabbage. X Virginia. IVfrc lb.; Danish. l»*c Celery, 6<XfilK)c a bunch; per crate, 0 to 64 doncn, $4.76. Cauliflower, 10®12Hc pound. Lettuce, $2.2502.50 per crate. Turulps, l%c pdtinri. RICK-Jap. head. 7ff7 l V*. nccwmiu* *.*» m«? CHF.KHF--Fancy full cream. 18c: Georgia rane syrup, 37c gallon; salt, 100 pounds# lOc*, axle grease. $1.75; soda crackers, «Hc pound; lenten, $«•: oyster. 7c; barrel eandy. per pound. «H<*; mixed..per I pound*. «Mfj toms* toes, 2 pounds. $2.00 ease; 8 pounds. » »•. navy l»eans. $2.90; Limn beans. 7c; best matches per gross. 11.65; inscaronl, *H07e pound; sardines, mustard. fUt Mar. BUGAR—Stsndanl granulated 6.80; New York refinetl. 4.90; nlantatl -n, le. rriFFEK—Roasted. Arbnckles. 116.00: bulk In bags nnd barrel*, lie; green. 11012c. Shredded biscuit. *n.09 case; No. 2. rolled oats. $3-25 esse; sack grits.-96-pound bag*. 12; ovsters. full weight. 82.25 case; pepper, 18c pound; baking powder. 85 ease; red salmon. $5 case; pink snlmon. 14.50 case: cocoa. 45c; cbocolntc. 43MKH sunff, Mb Jura. 48c: roast href. $2.6) case: sirup <New Or leans). 35c gallon: corn. SPe gallon; notasl 83 254V3.M) case; peanuts. 8c; rope, l-ply cot »on 22*4c; soap. $1.59(64 case. TANDY—Slick, assorted 6tye pound: stick asaortcl. 6%,. pound; fancy assorted, palls. CUc*. chocolate drons. pulls. 12Hc: Klk. at* •orled ten boxes 85.59. flour and grain. FLO FR—HI cheat patent. *6.25; best pat ent 15 75; standard patent. 85.50; half pat ent! *5.25: spring wheat patent. $6 25. rolls-No. 2 whir,. 5.V: choir, white, sec. VI,(.,1, S5c. Oracliod ‘corn, 96-pouuil anck. M ri!ICKRN FRUP-TIftf-pounil aack«, n; t-nrina chick fccil. II.8R. OATS- No. 2 whit,. «c: No. 2 mixed. flOcr Ooldcn Oats. Bo: whi!, cllppod. Cfc; fane, " r AIKAl.-l’"'l'n.‘ 0 W ponnd «ack,. Sic; «. pmiml .nebx, S2c: plain. M-ponml rack,, S5e; 8< ilAV—'iSmolhy. choic hiroc,l'ale«. 51.20; do., choice .mail bales. H.25: Nf;.!.. on,- iiilr.1 lwl«. JI.Kj. Nn - - Bermuda. Me. n,...nTS'-rhalee v. hritwn 18O to t99 pounu- - . TOTTON 8F.FD MIC AT/—Prime per ton, 126.90; No. 2 per ton, $24.00; hulls per ton, Sl ' A PROVISIONS. !>Rr’V!SI0N8~Supreme ham*. 15e: bei Ilea LAWS pound* average, lor*; fat hnek*. Supreme lard. IDS 1‘oHtjr rompound. 3'i. California ham*. We. Kxvlln, »H. gagging and ties. BAGGING—ik ;b. 1014e: J! Ih.. llUc; L14 lit lLUe: re-roIle<l laceoml hand). THe. ; rli:s—New Sl.lSii liuneli. .ccond-hnnd * 1 -*' FISH. Fffflf—Brenm. 7c pound: snapper. 19? I'our-'t* trout. »01Oc pound; blue fish. S*59«: KSd pom pa no. 22Hc>andLm*cksrol, 1JH pound; mixed fish. pound; fresh water trout, 19c pound; mullet per barrel, $9,500 NAME OF STOCK. Atnal. Copper Am. Ice Securltlss. . . Am. Sugar Hefluery. . American Smelting. . Am. Locomtlve. . . , do. preferre«l. . . . Am. Car Foundry. . » Americao Cotton OIL . Anaconda Atchison . . do. preferred. . . Atlantic C. Line. . . . Brooklyn Rapid T. , . Baltimore X Ohio. . . Chesapeake A Ohio • Canadian Pacific. , .. Chicago Si Alton. . , . Consolidated Gai. . .. Central Leather. . . • ■ d». preferred. . . . Colorado Fuel & Iroo- Hers' Securities. Erie _ do. preferred... . General Electric. . . Great Western. . . . Great Northern pfd. Illinois Central. . . . luterbcro do. preferred. . . Kansas a Texas. . . . .✓Total stiwk sale* today, 63»,79»t shnres. NAME OF STOCK. Kansu* X lexus pfd. . Louisville A Nashville. Missouri Pacific. . . . Mtgdcsu Central. . . . New York Central, . . Northwestern .National Lead Norfolk & Western. . . , Northern Pacific Ontario Si Western. . . , Peuiiaylvunlu Pressed steel Cur. . . Reading T . . Rock Island do. preferred. . . . Republic Iron A 81091. do. preferred. . . . Southern Pacific. . . . Southern Railway. . . do. preferred. . . . St. Foul Tcbu. Coal A Iron. . . Tfxas Pacific Union pacific. ..... U. 8. Rubber do. preferred. . . . U b'. Steel dp. preferred. . , . Western Uulon Wabash do. preferred. SSI 66V4 96H 94 s *! 52 4f>Vfcl 49 V* I 15V, j 15*11 154*1 IWVs 94*41 95 Vi 6:i s «i «n«ki 69H; 1044 106 Vk I m 56V4 1 | ■ 28H 114% m sni m jjji jSSl -“ , - ! !'«% HTk tf’i. «g| NEW YORK. Following Is tha range In cotton futures In New York today; .1 i».W| 9.84! 9783; 9.H4 .| 9.68 9.9lj 9.68 9.91 .'10.OOilO.lK 9.9510.17 . 9.S1 9.881 9.72 0.H8 ( 9.821 9.82! 9.H2 . 9.82 : 9.95| 9.82| 9.94 V.84»! w!«i:‘ KxiVjojVj 9.86-9J J 9.90-92 10.16-11 19.87-88 u! 94-95 IM04B KMC V! I 9.91; K*.04 9.9l!lQ.04|10.04-05 9.89-90 9.93-95 9.96-ST 9.98-10 10.00-01 10.03-04 Closed steady. LIVERPOOL. Following Is the opening range, 2 p. m. and close, compared with yesterday’s close; Futures qpeued easier. Opening Previous Rauiu* 2 P- tn Close. Close. October 5.62V4-5.55 5.56V* 5.51 5.70Vi Met.-Nov 5.62 5.54% 5.55 5.50 5.69 Nov,-Iwe.... 5.63H 5.49*3 5.49 5.45 5.61 Ifpe.-Jnn 5.52 -5.49% 5.49 5.44V4 5.59% Jan.-Feb 5.50 -6.48*-. 6.«Vi 5.44 6.5S^ Feb.-March.. 5.51 -5.49 5.48*h 5.44 5.5s March-Aprli. 5.51 -5.49 5.48 5.44*4- ' NEW ORLEANS. Following Is the rauge In cotton futures lo New Orleans today; April-Mny.... 5.5*) -5.49 ‘ 7.50 -3.49 Closed steady. 5.49 5.44'« 5.48»i 5.45 5.49Vjj 5.44'j J. 0 | * u 3l I fit X*»v Dec Jan Feb March. . . April. . . Mny. . . . July. . . . pm-. PU>1 P.n> !i.*8 pl.tr. flkiiffiUk V.9S l’ H.T'j PJ.Oi’ ‘i)>6,p)!«Vj R01|P>.«'1 '.as; j 'D.|W »!« 96 9-96 1 9.99-10 10.02-1*1. 10.05- S. 10.10-12! 0.INL1K 0.(ft| fikH-Ki 9-9'92 9.92 93 D.DK-yj 0.02 or* NOTES ON GRAIN Pointers on Provisions. 1 alternately bv the strength In the legitimate situation and the weakness de veloped by the financial crisis in the East." said W. II. Lake. "Hard winters are scarce, having beeu oversold, and are bring ing the highest premium on the crop, selllug nt about the same prlc- ns No. 1 Duluth >f the hitter sales so far this exceeded total ssle* last year a ml re rapidly reaching an oversold eondl- This In one of the strongest bull fen- >f the situation. Owing to the tight . situation there has been n gradual widening In carrying ehurges. which has uninviting. Export sales hsve I wen mala Influence in establishing several sharp rallies. Outside of this feature, •ver. existing conditions have been against any upturn In prices. -The financial situation has been grave enough to force liquidation of long wheat by some of the largest and strongest holder's." Manager W. F. White, of Finley, Harrell k Co., says: "The wheat that hss been told -,by . etmug Interest* bi- tho past few lays has been taken by local traders who are guided more by sentimental theories than by the-facts. In my opinion, these buyers do not appreciate the seriousness of the situation financially, or how different their transactions will appear when It comes to paying for the property on delivery day. c. I*. Majors, a former Illinois grain, denier, now operating nt Twin Falls, Iml., brought In a carload of oats Snturdu.v which sold nt *)0c per bushel. The oats were raised on Irrlgnlisl lund and weighed 40 pounds to the bushel. Mr. Majors brought some heads of the growing gralu which were over a foot in length and made hoard of trade farmers’ eyes bttng out. Oats In the vicinity of Twin Fulls this year pro duced 72 bushels, white barley 64 bushels GOOD ADVANCE SHOWN ! AT OPENING IN WHEAT! Turned Weak Later and Lost Over 2c in Short Order. WEATHER REPORT. WEATHER CONDITIONS. Special to The- Georgian. (From Hayward. Vick St Clark.) Now York, Get. 29.-4. S. Bnehe X C< London prices a remixed this morning. Cop- tendency. Hnrriman's are fractionally low er. More gold secured In London, and movement Bids fair’ to assume large pro portions. Tlie’Hnrrtman nnd Hill npinlous, published this morning, are optimistic, and both look tor return to normal conditions. The for eign comments are encouraging, nnd a high er level Is freely predicted. The feature of Loudon market today Is the strength in Popper stocks. Amalgamated 678 above our parity, Spot copper had a sharp rise abroad, showing a gain of £4 15s, and fu tures £4 10s. Market Ik reported strong. .Amalgamated will no doubt advance sharply here, and a higher level 111 standard rails probuble. Heavy selling of New York Central. Penn sylvania and Brooklyn Rapid Transit weak ened the rest of • the list. Copper seems to be only strong one. J. P. .Morgan k Co. announce that they autlelnute payment of nil coupon* due and payable at their office on November 1. und will pay same at once upon presentation. Tuples; With the fiiinm-lnl stress through the country, the market njoy improvement of n per nent character unlU there has been a u radical readjustment of affairs In the Invest ment world. For the time being, the short Interest and the support offered Im the banking element will likely keep Slocks steady, with now and then UftrUaps u sharp rise, due to the requirements of the bears. The foreign buying Hint Ims spt In will likely be of some further consequence, and the gold Import movement Is i-xpcrted to continue until $30.00Q.e0't or l43.0W.0iw have been brought In. while the greater export demand for our commodities will add to the Influences that may prove Immediately helpful. We believe, however, that there must be a great deni more liqutdatiuii through the .country iu lands und good* of all description*, and when this nets in, hard times are to be looked for wherever there has Ik»«u excessive over-speculatloii. Cause- piently, lit our opinion, the further out- CANADIAN PACIFIC WAS VERY WEAK At the Opening It Showed a Loss of 21-2 Points. spreading i can hardly (gat’d for tho Harrlmnn and Illlt Issues. Atchison and Rending, buying them when under pres- ttro and being content with moderate prof- Tftls afternoon's steel report will probably <»t be so good ns the one three months ago. ‘here are too tunny dividends to be cut to emit of any great bull movement for nine time. Wo look for a dull and sternly inrket today. We can not but. feel bearish on the coin- lodlty markets during the present financial tress. We w*oiild sell Isith wheat and cot- nn on all bulges. London early prices for America ns eouie SOLD STEADILY OFF. At Noon the Loss Had Been Increased to 81-2 Points. New lark. Mel. 29.—The renewed unset tlement on the stock exchange this morn- itiu did not consist very well with th* cheer!til expressions of the previous days, but It did not necessarily Indicate Any special developments In the financial situa tion more serious than has already lx*ii revealed. What happened today was that leading institution* in their work of putting their houses in order called a uufiiber of MINING STOCKS. and resulteil In severe decline* all through the market, many of tho leading Issues sell ing lower even than their low levels of Inst week. It was espechtly discouraging that. In this decline, stocks like Pennsyf vault. New York Central iind the I’nltcd Htfttes Mtecls, which hitherto had offered the stoutest resistance, were tho weakest on the list. The restriction of credit ih brokerage firms played, of course, an Im- INirtant psrt In the situation. It deprived tirfcet of buying power tit a critical ,- nine, ami encouraged fresh aggressions by speculative sellers for the decline. Th4r# was n« doubt that short selling had as J much to do ns real liquidation with the ex treme weakness. I closing bids follow: Railway Stocks. ‘Atchison T4 Atchison preferred.. *7 Baltimore and Ohio 79** Cauadlnu Pacific 1<S*» Chicago and North western 129 Colorado Southern IS r and ttlo Grande W» ' . ml •,5:9 Calumet Arlr.onn pm. New Have iiiou l'l'/ii. I'tnli .Mining 33*4. A Ion Molmwk 41. Market strong. New York city lint anil Is now central on t Tie- high area has nmv« tral today In- tie* Ohio eiitrnl ved northward oast of Maine. and its trough mi Texas north Into of low pressure Is Pacific coast. As •loped In the southwest w ex lends from western Nebraska. A third urea centered over tho north alls In the state* cast of the Mississippi ml south of the Ohio valley, while over of the map cloudiness is tin ST. LOUIS CA8H QUOTATIONS. Portland, Ore., Wheat—No. 2 red winter . Corn- No. 2 Oats—No. 2 »; m\ tin' m fiK '■ 41 fit: [ tbs I with rain falling „„„ I Portland, Me. The advance of the north stern higli area causal general frosts In asterie half of the cotton Dolt, while at and northwest higher | In the niPIdlt temperatures prevail. •-■I-, im4i 'tuiimr.. ,. ., .. ,, and ttlo Grande preferred.. l-cie .. „ n:* Illinois Ceutrul n ..Its*; Louisville nnd Nashville WVfc Manhattan ”L" lK* a Mexican Central 13‘* m LONOON STOCK MARKET. Missouri Pacific. New York Central.. .. Pennsylvania Rending It«*ek Island Rock Island preferred.. St. Paul.. Monthern Pacific Sotiiiiern Rail way.. .. HTOCKH- JOpn>‘ PMIC’los Topper Anaconda.. . Ainalgainaleil Atchison do, preferred Baltimore and Ohio .. i ltfsapcitkc and Ohio .. Chicago nnd Clreat Wen i'uuniliali Pacific .. .. Denver and Rio Grande do, preferred Erie do, first preferred .. •• -i ? fiH ! {R!.r^ i64*ili&4<4(iMTi 49g! 40*4 today was % to l*4e higher. ket nervous. Weakness set In Immediately after tho opening. Trade was light. Cables were up amartty nnd Broombnll’s foreign crop suimnury was liulllsh. Love and Fin ley Harrell were on the selling side, while Hartlett-Frnzler picked up a littlu May. Wheat cloned fi-802c lower, reacting some from tho bottom prices reachyd. Corn l#l 3-4c lower; oats 1 ‘ lower; provisions 6fyl71-2c low COTTON REGION BULLETIN. Csitiisvlfle and Nashville . Mexican Central Norfolk and Western For the 24 hours ending at 8 «. m., t»tl ] SLir'r’ilSeeV ** erldlnn time, October 29, 1907. hV'. , . r ^/ r i 1 *'* the world’s supplies and outlook. Accord ing to his view of the situation, the world's production of wheat Is *6K,O0(»,O06 bushels be low that of the preceding year suil 232,009,- U00 bushels less than the average of the last three years. Including the reserves carried over, however, the figures of the world's shortage Is only t\ per rent as com pared with last year and only per cent below tho three-yyar average. He claims that the surplus production lu France, Italy and Great Britain will offset the known losses In Germany and Spain, nml that the quality of all the European wheat I* so much better than that of the previous year that it will require a smaller admix ture of foreign wheat. HAYWARD, VICK & CLARK, COTTON, STOCKS, BONDS, COFFEE, GRAIN AND PROVISIONS C.rand.l.t and Gr.vler St*., Now Orleans. MEMBERS: $ pnssr wesr g . Sew Y.rk sod Cklcxco Correwwndeota: __ , J u J. •. BACKE & CO., ANO BARTLETT, FRAZIER A CARRINBTON, drivATK WIRE# TO ALL POINTS. New Vttrt, Oct. 2!).—Tin* lu.fln tempera- ture was ultove normal throughout the cot ton region except over the Carolina*, where there was a slight deficiency. The greatest excess was 5 to 8 degrees over f.otil*lnnu, Arkansas. Mississippi, Alabama aud por tions of Texns. Showers occurred generally over the cot ton region except over southwestern Texas aud lu a few other localities, where no rain fell. The rainfall was less than one Inch, except over small areas in northeastern Texns, southern Louisiana and western Tennessee. The heaviest rainfall was 3.04 Inches nt Greeuvillg. Tex. CHICAGO GRAIN MARKET. Chicago grain und provision quotation* for today are as follows, compared with yesterday's close; WHEAT- Dee.... 98*4 May.... 106*2 July.... 100*4 COHN— Dee 57*» Mny 59S July.... 59*4 OATH- Dee.... 49*4 May 527. July 48 PORK— Jan... 14.50 May... 14.96 LARD— Oct Jan... 8.50 51 ay... 8.67*3 RIBS—. Oct Jan... 7.62V* May... 7.SO *.72% 7.5o CHICAGO CAR LOTS. Athinta, eleiir.' 1 *Ghsttnnoo«u. clei xMneou. Clear. . xSlontbello. Heai x Rome, clear. . Spartanburg, idea Toceou, clear. . West PoluL clear. . . . ^~*.Miuimuiu teiuperaturea ■li •! a i .! 60 I Killing frost at Ailaiita. On. <36>: To* ... <iu. (29): Hntesbtirg, t'olumbla. Greenwood, H. (’.: tireeiislioro. Washington, On.; Milieu, tin. (32): Aberdeen, Miss. 132); Wsyneslioro, Miss. 13-)) (341. Heavy frost n Jendnlc, S. t\. f. (34». Client' Term. 137). Ron tiff), Euf.iuln. 1381. AliierleUN. Meridian. Miss. Light frost at West Point, . S. i’., Nashville. Te r Kpnrtnnburg, H. (33); Al- Augusta, Gn., Charlotte, N. v. S. C. (33), ChattnniMign, Gn. (23). Greensboro, Ala. Ain. (37). Thomusvlllr, (in. Gn. (Tn. Albany. Ga. (38), Goldsl , Florence, l.umlierton. Newborn, Wllmlng- ** in., Montgomery. Ala., Today. jTomorrow. Wheat 1)7 ! 62 ('urn 332 I PP* l OltM. 243 Hogs, liciul 17,00) j 15,000 LIVERPOOL GRAIN MARKET. Wheat opened higher nml at l: t. lVi higher. Corn opened unchanged to >& higher t 1:30 p. m. unchanged te *4 higher. believe that the financial atmosphere have cleared by that time, and that money for legitimate commercial use will lie forth coming as freely ns nt normal times. There Is. however, an uncertainty abont the situation that Is causing some nnxlc' On **otton goods In first hands the marl is Iteeomlng steadier on goods sold on con tract. Any disposition that sdlers showed early last jv*«‘k to let good* go at a price has disappeared. The tevIsUm of bleached cloths by JoT>lx*rs has in no wise disturbed flr«t hand values. Hevernl of the largest handlers of fine bleached cottons declare thru on any good* they have coming through free of order they esu get top prices from cuttcrs-up. While this Is admitted, the ]4>bbers are making attractive offerings of 4-4 and wider bleached goods it reduc tions «»f from 7015 per eeut. The ptitters- up and retailers who are buying find that the Jobl*ers nave no m»re than a moderate supply of the leading tickets. The lower uuontlon* on row silks have nAt caused siik piece giHNls manufacturers to revise prices on spring offerings. It Is declared that the finished product is now on as low a basis ns It cun lie merchandised at a profit. Importers of household and piece giMMl.s linens find their stocks and re sources insufficient to rare for spring trail*. The si-nrelty fn this class of goods keeps the price firm in all bands. Print Cloths Sell Off. Dtwer prices were quoted on Saturday for narrow ud*h» for delivery during January ami February. Several brokers mado 4 concession **f *4 of n rent on 28-Inch «4 by (IK bringing the price on contract down to 4V. Regulars were sold at 5*4 for Febru ary delivery. On wide gray gpods the. only active buying was for Decctnl>*r delivery. Standards smd for iHe-htw JMfteh 68 l«jr 72s were i»<fc>U)fcBd nt *V- A dlffcrem-e of t H e*-4*' Is mad** on distant delivery of th«*«e ■sis. * * . . ' - THE LIVE 8TOCK . MARKET. Chicago'. Oct. 29.—Hogs—Receipts S.uOO. Market for gooil strong; other weak: mix ed JS.HTKiO): heavy $5.»>fr6.2p; rough. $5.31% £.4t; pigs fiyorkers W.P8R4.I5. ^ Cfitue—Receipts 6.500. Market weak t*» 10e lower; Peeve* $2..V*r6»; calves $4.501i6.7o; Texas steers $3.40f(6.20: Texns cattle $34i 5.60; at*>*‘kers aud feeders $2.3-MM.40. Hheep— Keoelnt* IfiOto. Market 2<>R30** l«»w- or; natives $2.50695.2); western $2.50^5.13: yearlings $5^5.70; lambs $G0fi$.9O; western IfiSOftfi!". THE SUGAR MARKET. ... . _ London lieet sugar market was steady with October and November down a *«I each at 9s 3d for tmth positions. THE COFFEE MARKET. . The following figures give the opening range and close In the New York coffee market for today: Opening January ifR February April 5.75-0. April Jlny . .5.80-5,90 Juno <',5.h0n».l*# July 5.904.95 AtUtllSt ,. •• .. . .5.9*)-6.(X> September tb-toiler .. .. XoTCmbrr 34tf-5.«ft iH-ccmbt*:- ..5.014.1» t'lepisl quick l*sb*S Uj'tW iNtgS. (D4.« 664.70 704.75 75-5.80 804.85 i.85-5.fiO AtTsnta. . . Augiistn. . . < 'bn i leston. Galveston. . Little Reck. .Memphis. . Mobile. . . . Montgomery, DISTRICT RVilHCeS. 4 reffpcrjfvrt.l ,-nJS lit— k,! III »* i T. Indicates inappreciMble ruuwall. d) For yesterday. 1 12) For 24 hours cudlng S Remarks. L»»w**r .... Hons *.f the Is-lt. with killing fr. the uortheni (Mirttou of the eastern half nnd light to heavy frost la the gulf eoust; the western hair was prneitenlly free from frqst. Light rain fell in Galveston dis trict; clear weather was general elsewhere. J. R. MARHFRY, Heetloi) Director. WEATHER FORECAST. blngtou, t )et. 29.—Weather conditions cue ml for»i*nst: storm that was central over the New Jersey coast Mon.lay morning has iuovimI slowly northeastwnr*l to the south New Kuglubd coast. Rain enntluncs in New Fug 1 land, nnd rnlu has lieen folbme*! by clear- * g. evNiler weather hi the middle Atlantic lies. As foreeuste.1 Monday morning, *►1 has occurred generally ihr.mgh.mt the nth Atlnutle nn.I east gulf states. Tem peratures have risen iu the Mississippi nnd Missouri valleys, nml scattered ruins have ■ctirred from the Mississippi river to the •sky Mountains is also re|H.rte.l this ornlug ou the north Pacific c*»ast. Fair and cooler weather la Indicated for might lu the middle eastern and sontheast- u states, with frost lu the Interior of the mill Atlantic states. Wednesday will lie sing temperature iu the east rain Is likely to occur iu the Ohio vgl- RMi ley. 5.904.96 Foreesst till S p. m. Wednesday; 5.95-6.00 Virginia—Fair nml «i»oler tonight, with 5,954.99 minimum temperethre atemt 96 degrees: fair 5.504.55 ami warmer Wednesday; dfminisblug north- 5.504.55 Westerly »lll*». 5.i7>-5.65 North t'itrollna. South Candlua ami Geor- gfa—Fair t»nlgbt nml We*ln*»s*lay; frost to- ond preferrml , Il«H-k Island Southern Railway preferred .. .. I-Vi ion” Pgctffe .. .. F til ted 8 tales Mteel do, preferred.. .. iisii 78*2 67*4 ..im SRn-sn# II 4i 67*4 « KG*, P 110*3 H 23*4 : THE METAL MARKET. New York, Oct. *29.—At the local metal exchange further sharp advance was scored in copper of 3-4 to lc. Tin was strong. other commodities were unchanged. —shifting to northeaster^ Kasleru Florida—Fair tonight aud tomor- iu-; warmer lu northern isirtlou Wednes day; light to fresh northeasterly winds. Western Florida—Fulr tonight aud tumor- >w; light frost lu the Interior touight; (inner Wednesday; fresh northeast to east bids. Alabama—Fair ami warmer tonight, nnd Wednesday; light •<> fresh easterly, shifting to southerly, winds. Mississippi-Fair and warmer tonight; showers Wednesday; light lo fresh easterly -shifting to southerly—winds. Kentucky and Tennessee—Increasing cloudiness and warmer with ruin In western tmrtloh tonight; Wednesday rain and warm- Louisiana--Khowers In northern: fair In southern portion; warmer tonight; Wednes- Iny showers uiul warmer; fresh easterly winds ou the. coast. Eastern Texas—Khowers In southern, rain and warmer In northern isirtlou tonight; Inlerborotigh-MetropoiltAii.. ..6 5^ do. preferred t3% (treat Northern Ito’i •snoau«||S9t|pj Amalgamated, t opper 49’-4 American Car and Foundry 24U American Locomotive 35}* Auidricnn Tobacco r American Hot loti OH 24*- - Americaii Smelting nml Refluiug .. .. 6881 Colorado Fuel aud Iron .National Biscuit National Lead .. .. .. .. , Pacific Mnll People’s this Pressed Ht***d Car Sloss-Hheffl.dd Uteri .. . Htigar Tennessee Coal und Iruu Fnltial States Kteri .. ,. tlo, preferred .. .. .. . Western Lulon .. .. .. .. Msekay eoni|innb‘s .. .. •lo. preferred 0 MONEY AND EXCHANGE. New York, Oct. 29.—Money on call. Dm,- loan* Hrm: *n d*y». Sip « 1-2: 90 Bay., 0@G 1-2; KIx month,, « l*r cent. Fnste,l rate.: Sterllnr exchange. 1-3, tvlth ncttiaj bualne.. In hunker.' bill, at i*.l8t>«e4.l* for de- mnnil, nnd H.TTSOtf *.T8 for 60-dny bill.. Prime mercantile paper nomlnnl; price# rtniged from 7 1-S#10 per cent. London bar .liver, 37 J-2d: New York bur .liver, r,9 i-sc. Mexican dollar., *9'1-3C. GOLD IS IN DEMAND! SELLING AT RECORD PRICES. leomhui. Oet. 29.—The rise In fho discount rate lu the Imperial bank of Germany makes it nluinst certain that th* Rank of Hngland will* Advgiiog Iti rate on Thursday. The only restralut upon the aetlda of the director* Is the indtijpoalMon to add to the embarrassment, of Ike American si tint tion or to Interpose olutseles to the relief of New York money market. Nevsrtbtless fact that Imlh Paris and local Interests igftlnst the I’tilted Slates for th** bbuth Afrbali gold which came to New York Is an Illustration of the keenness of the mon etary stringency developing In Kurepo. The gold secured for New* York cost *8a Hd ner ounce, which Is 2»4d above the price ruling last week and Is the highest price for hsr gold sineo Hep tern her, 1906. when bar gold sold at 78s id. American eagles were with drawn from the Bank it a price of ?€« 9*1 per ounce, which Is ft%d higher thau the quotation of last week aud Is the highest price paid for eagles in a number of yesrs. fresh east to south Wednesday show Iml* oft the const. Western Texas—Fair In northern and iKifhwrstcrn; showers In southeast t»ortion might. Wednesday fair, okhihoum aud Indian Territory—Hbowers ml wanner touight: Wednesday fair. Arkansas—Rnlp and warmer tonight; Wednesday showers und warmer. 4% SA CAWM 4% UNION VINGS 6/ Gould Building L STOOK . . . ff 100, IIIOURCII S 2 8 0(0 00.0 0 4°« INK >00.00 4% fair. — Atlanta National Bank ATLANTA, GA. C. E. CURRIER. Prnldcnt. H. T. INMAN, Vlee-Pmldent. GEO. R. DONOVAN, CMhltr. JAMES S. FLOYD. Aifiitant Cottier. Capital $500,000.00 Surplus and Undivided Profits $650,000.00 We Solicit Your Patronage. THE AUDIT COMPANY OF NEW YORK Ike Oldest and Foremast Corporation Fngiged in lcccunlin{ 1310 Candler Building. HARRY M. RICE Southern Manager. ALONZO RICHARDSON & CO. PUBLIC ACCOUNTANTS- AUDITORS AND BANK EXAMINERS, Auditi. Special Examination,. Coating and Sy.tematizing. EMPIRE BUILDING. ATLANTA. GA.