Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, November 04, 1907, Image 9

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1'HE ATLANTA GEORGIAN AND NEWS. MONDAY, NOVKUVBB «, 1907. 9 COTTON WAS WEAK AT THE Initial Prices Showed De dines of From 15 to 25 Points. EARLY CABLES WEAK Turned Sharply Upward Later on Good Buying and Covering. 00GO000000000000O000000000 a HABERSHAM KING’S COTTON O O CROP ESTIMATE FOR 1907-08 0 0 0 O Mr. Habersham King Issued his O O annual cotton crop estimate Mon- 0 o day. He places the Anal yield at 0 0 11 650,000 bales maximum. O The estimate by states follow O Alabama... ... O Georgia 0 South Carolina O Texas O Louisiana ..... 0 Arkansas 0 North Carolina 0 Ind. Ter. and Oklahoma O Tennessee „ • • O Mississippi O 0 Total.. 0 0 ..1,200,000 0 1.750.000 0 1,000,000 0 8.200.000 0 800,000 0 650,000 0 650,000 0 650.000 * 250.000 1,200,000 0 0 11,650,000 0 _ 0 00000000000000000000000000 },>w York. Not. 4.—Cotton opened weak 14 to 17 points lower. Influenced by a break at Liverpool, less favorable news regarding the fln.rlal situation, the market here start ed active and weak. There was heavy sell ing by commlslson bouses. The cotton In most cases went to operators taking proflts on short sales made at the end of last week. There was a decidedly better feeling In the market for future delivery Mon day, after a weak and lower Opening due to cables much below expectations. Outside of a crop estimate by Haber sham King, placing the crop at 11,6*0,- ono bales, there was notlilng fresh of a bull nature. The opening was 16 to 26 points lower, but prices started upward Immediately after the call, ant( for the remainder of the session a steady to Arm undertone prevailed. The close was steady net 12 to 14 points higher than Saturday’s finals. Comparative port receipts: 1907. 1906. Saturday ..\ - 6f.4» 69.864 Monday 56,602 73,762 Estimated receipt* Tuesday: New Orleans Galveston Houston 1907. 14,000 to 16.600 .......34,W> to 26.500 .......18,000 to 19.000 1906. 20,617 19.196 4,167 SPOT COTTON MARKET Liverpool, easier: middling 6.79. Atlanta, firm; middling 167,16. New Orleans. Arm: middling 1611-11. New York, steady: middling lie. Savahnsh, steady; middling 1084. Augusta, steady: middling 10%. Mobile, easy: middling 1M». Charleston, quiet: middling 1614. Wilmington, steady; middling IWi. Baltimore, nomlnnl: middling 10:4. Boston, steady; middling 11c. Memphis, quiet; middling 10%. Philadelphia, steady: middling 11.25. Houston, quiet: middling 1044. Norfolk, steady; middling MJ4. Galveston, steady: middling 1114. TODAY’S PORT RECEIPTS. The following table shows receipts at tbs torts today, comparsd with tbo same day fast rear: NEWS AND GOSSIP Of the Fleecy Staple. 8pec!n! to The Georgian. (From Hayward, Vick ft Clark.) . New York. Nov. 4.-J. H. Bache ft Co.: Liverpool cables were due % to 314 points higher. Opened quiet but steady 7 points lower on near and 8 points lower on distant positions. At 12:15 p. ui. It was barely l ?2* r 0,l # £f ar nu ‘ fnqalr __ middling upland. 6.97; sales* 10,U-, ™ 7,tOO; speculation and export 500, imports 6,000. Including 5,600 American. . The break In cotton In Liverpool this morning is due to the very unfavorable bank statement Saturday. . Cotton was of fered down sharply on the curb Saturday after the close. The financial situation holds the buying In check, and until this is adjusted we advise caution In trading. hell and Sohlll Ini * Shparson buying, short a little. Feature of the openlug In cotton was heavy selling of January, March and May by Heats. Following are 11 a. m. bids: December 10.61. January 10.22. March 10.23, May 10.25. Shorts covered heavily and there was good buying for spinners* acocqnts. Liver pool is very steady and King is said to be out with n small crop estimate. Looks like we might do better If the money situation shows no worse. But It Is nervous and llu ble to sharp changes. Cottou strong on bi and rlug generaly. No news 'except the Habersham King estimate. No cotton for sale. Market seems to lie congested with straddles, the long end of which Is In New York, and there are not sufficient fl demand by New Orienns, Nor. 4.—Hayward, Vick ft Clark: Market opened abont 12 points down and bad tlnnuclnf news from Europe causes concern. Feeiiug Is bearish and against the market. Financial reviews say the look In Germany Is rather gloomy, and while It Is thought in Berlin that the crisis In America is past. It will lie felt In Europe later. Habersham King, In his' latest circular says he figures the crop at 11,750,000 maxi mum. Map shows big cold ware has now pushed very near the territories. Should strike north Texas tomorrow, nnd muse general frosts in the western belt. Itnther serious news of n financial charac ter coming from Europe, which Is expiated to greutly curtail and delay buying power nnd cause further decline In cotton. Looks •ery cloudy for the time hriuj Tomorrow will be n holiday .. .deas. The only question now is, can reduced crop views operate against the financial situation? The advances were pronounced, nnd at noou tho market was up about from 25 to 30 points from the * with special strength 1 ~ 1 pool'fu control of th using every means to squeeze malnlng short account. Th# map show .. la wave pushing near the Texas line. Ivanees today have beeu greater than the declines of tnree days. This market exhibits every evidence of working higher, and we believe conservative purchases made now will show profits later on. GOOD TRADE FOR NOVEMBER EXPECTED TO BE ACTIVE. The New York Commercial: In the dry goods commission houses it Is stated that October r ' sales on < goods. T nnd brown cottons was for September, and prices were on a gener ally lower level. Many changes have taken place la the first band market on cotton f oods. looking to a more equable basis for uture delivery goods. With the opening of spinners accepted bids for weaving yarns In low counts. It lr the “ general opinion of merchants In the district that jrade for New Orleans. . Galveston. . . . Mobile Savnuiinh. . . . rhurleiton. . . Wllmliictotf. . , Norfolk. .... I Ion ton Philadelphia. . Total. 1907. 18,423 1.208 SB 3,913 24 46 1906. 19.623 25,600 1,655 15,439 2,323 6,503 3,619 737762“ INTERIOR RECEIPT8. Houston. . Augusta. . Memphis. . St. r.ouls. Cincinnati. 22.875 itS 2.129 .! 117724 I 40.325 HAYWARD. VICK & CLARK’8 DAILY COTTON LETTER. New Orleans. Nov. 4.—Liverpool starts the ’veck with disappointment nnd weakness Futures were about 8 lower than due>*pn *ai"* small, nnd prices 1 |>olnt down. Then ..uglniid raised Its rate to 6 |>er unusual thing nt the beginning of » week. The Loudon stock market showed “harp declines and financial reviews express serious concern about the situation particu larly for Germnny. While the crisis In America Is thought to be past, It Is believed Hint its effect on European finances will only nppenr now. In t^ie commercial • resources In the past six years I e dg- l ho im.iNt nnd forced other continental conn tries to d, r the same. Any loss In nubile confidence, tightening nnd consolidation of min m ini matters would bring about much more serious disturbance* thnn with ns. As Jar ns cottou is concerned, reduction In Jiuying power nnd delay In buying would unfavorable 'Consequence* for the war- Following the brack in New York, first trades her** were nt n decline of n I tout 12 h'lnts, which was, however, qulekly recov ered, ns tiie .short squeeze In New York does not yet seem to lie over, nnd prices Jiiero ndvnticcd ‘sharply soon nftor the opeu- .Habersham King's cron estimate cf 11,750,000 liidtn-eil some scalpers* covering. V'd. on the whole. little consideration Isj given to bullish statistical conditions In cotton at this time, as developments of weightier consequences nre expected In sur rounding spheres, particularly of financial future in Europe. A significant feature of correspondence rr«*m abroad is that buyers strongly recom mend the shipment of the exact quality con tracted for, *4> that spinner* can tuni out me e Xa c t grade of yarns nnd avoid the pro- Tl station ninl iitvniti* iIau-h .if iIaI(i-.i»i.i. 1 kill? name * t o.: fj ■# opening decline extending from Mnfa. dne to the weakness of Liverpool mork * t ofl account of the JS25** In the batik rate to 6 per eent this shorts came lu as buyers on the *nd during the first half hour the 3 ,n « »•» on a more Or Idas extended A factor was the King estimate of November Will prove active. There are signs that banks are again In a position to give proper accommodations to mercantile concerns And this helps merchandising. Id the retail market prices are not being mark ed down to sacrifice levels, and this Is taken ns a sign that the department store buyer nnd smaller retailers havo confidence lu the winter trade. Converters and cut- ters-up nre placing few orders on gray goods or other lines of staple cottons. They are hoping for lower prices and feel Justified lu holding back on orders. 811k piece goods Importers nre-getting a liberal volume of orders on staple blacks nud staple colors for spring delivery. The price question on silks appears settled nnd buyers are taking what goods they need. Pay Full Price for Odds. On narrow odds the few* available spots nre commnhding full market prices. Con verters nre not as anxious to place orders on wide goods as they were at tho opening standards to move a fair volume, but that mills will not break prices on small orders. Begulars continue to sell nt 6%c. Messrs. Edward Movse ft Co., of New York, estimate the cottou crop of 1907-1906 at 12,300,000 bales. The estimate by atates follows: North Carolina South Carolina Georgia Florida and Virginia Alabama Mississippi Louisiana Arkansas Tennessee nnd Mlasourl Texas i •Oklahoma ..../ Total crop 12,300,000 It will be particularly noted thnt the out-turn from the Atlantic district Is ex cellent. equal to the best ever made; the Mississippi valley, Including Alabama, fulls nearly a million bales behind the maxi mum growth for that sectlou; while Texas shows th*. enormous falling off of 1,860.000 bales from last year's record crop of 4,19V 000. FINANCIAL 8ITUATION 8TILL IN AN UN8ETTLED STATE. Alfred Mestre ft Co., bankers and brokers, of New York, lu their weekly circular, Although some of the more acute points of weakness which have been witnessed lu the financial situation have undergone much Improvement during the past week, condi tions still remain unsettled. A stats of nf- fnlra has developed not altogether dissimilar from those prevailing lu 1893. There Is this marked difference, however: General coudl- this year’s crops were abundant, nnd tb's will mean continued heavy traffic for the railroads for the ensuing year. The great difficulty at the moment lie* In the money stringency, though It seems entirely proba ble that within the next two months this problem wtll be adjusted In a satisfactory manner. -All things considered, the Indications do not point toward n revival of any sustained upward movement In security prices, though It appears to us thnt those who are In n position to buy stocks outright and hold them. If necessary, for several months, will ‘lid It to their advantage to do so. Mar gined trading Is bssardous In the present state of the money market, and tbo delicate position of financfnl affairs In general." ftwlft ft Co,*s sales of fresh beef In At lanta for the week ending Novemlier 2 aver- aged 6.46e per pound. Edited by Joseph B. Lively. MARKETS Mr. Lively's twenty-five years' experience of ed iting markets In Atlanta and the South has made him a recognized au thority fn his specialty. RA'NGE OF NEW YORK STOCKS AND COTT.ON MARKETS NAME OF fftpCK. A unit. Copper Am. Ice Securities. . . . Am. Sugar Hennery. . . American Smelting. . • Am. Locomtiv* do. preferred Am. Car Foundry. * . . American Cotton Oil.. . Anaconda. ...... . Atchison . do. preferred. .... Atlantic C. Lins. . . . . Brooklyn Rapid T. . . • Baltimore X Ohio. . . Chesapeake ft Ohio - . Canadian Pacific Chicago ft Alton Consolidated Gni Central Leather do. preferred Colorado Fuel ft Iron- . Corn Produce. ..... Colorado Southern. .. - Delaware ft Hudson. . - Denver ft Rio Grande. . Distillers* Securities.. . Erie ^ do. preferred General Electric Great Western pS&%£SE PM ::: Interboro _ do. preferred Kansas ft Texas NAME OK STOCK! ::::: Missouri Pacific Mexican Central. New York Centra Northwestern National Lead . . Norfolk ft Western Northern Pacific Outarlo ft Western,.. . . . Pennsylvania. .......... Pacific Mull People’s Gas Co Pressed dtetl Car Reading Lock Island do. prefer rad RepuLdc Iron ft Steel do. preferred Southern Pacific Southern Hallway . do. preferred St. Paul Tenn. Coal ft Iron I’fxas Pacific. , . Union Pacific. .......... U. 8. Rubber. .......... do. preferred. . U. b'. Steel. . I £ .. . do. preferred. . Western Union. Wabash. ... . do. prefeyrsd. . • Wisconsin Central do. preferred •Ex-dlvldond 3% per cent. NEWYORK. Following I. the range In cotton future. In 6 Id * o p 1 II M tl St'j *5<»v Dec Jan Feb March. . . April. . . . May. . . . June. . . . July. . . . 10.06! 16.21 10.48 10.83 10.1610.48 10.23110.23 10.11 10.43 10.20jio.4S ib!B|ib!47 10.08 10.4.', 10.11 10.33 10.11 io.i2 10.15 10.2lllO?64 10.82 10.83-84 10.48 10.43-44 10.23 10.G-45 10.44 10.44-46 10.46 10.46 10.46-47 .... 19.46-47 10.4710.48-49 10.33-35 10.63-65 10.21*32 10.30- 32 10.30- 81 10.81- 32 10.82- 33 10.32- 84 10.32- 34 LIVERPOOL. Following figure* give the opening range, p. ni. nnd close, compared with yesterday: Futures opened easier. ntn. 5.75 November,... 5.71%-3.70% 5.7 .. ... Nov.-Dec.... 5.61 -5.61% 5.63 6.67 Dec.-Jan 5.60 -5.63 5.62 5.66M Tan.-Feb 5.60 -I.6SV4 5.60 5.64 Feb.-March.. 6.6855-5.89 5.69% 5.64V* 6.56 -6.56 5.66Vj 5.60 Closed steady. NEW ORLEANS. Following Is the range In cotton futures to New Orleans today: Dee.. . Jan.. , Feb.. . Mnrch. April. May. . •Tune. . July. . Closed steady. 10.17110.49 10.11110.49 in! i 2] i’o! ii in.2fijio.Bi i 3i $ ..... 110.66 (10.87 10.4810.47-49 10.29-30 10.47 10.47-48 10.26 10.45-47UO. 24-26 10.45 10.45-47110.23 —dO.48-60|10.26.28 10.51- 53 10.30 10.52- 61110.31 33 10.58 O’); 10.30 3S ATLANTA MARKETa FRUIT AND PRODUCE. EGGfef—Active, 25c. LIVE POULTRY—Hens dull, 40 cents; chickens, fries, 22%#30e. Ducks, Pekin, 25c each; puddle, 30c each. Turkeys active, 15e P Dlffi8flBD ■ POULTRY—Turk*,., drawn, •ctlr., 20o pound; frioo aotlre, 20822%e lb.: brn*. Itc pound; duck., drawn, finer, 15< pound. PRODDHE-Lord, 12c pound; him. .ctlr., l(c pound; .honld.n netlre. lOOlle pound; ild.i active, 11c pound; butter, lS02te per pound; beeswax netlre, 26c pound; bone; Ibrlaht) active. 16e pound. FBUITS AND NltTB-CItron. 29c pound: almond., 16V»c ponnd; Braxll, ltc pound: Filberts lJV ponnd; Rndlih rvalnnf., 15c Mi. I’ccan,. Ho pound. Lemon peel, 1714c lb. Ornnjje peel, l,He lb. larmon., fancy Me.- Mna. H.75ff«.00: banana,. J%c lb.: llmea. Florida atock, 75e 100. Fennuta In aneka aver- nulna 100 pounda eaeh. owing to grade, •H®Sc per pound. Florida orangre, 15.00; dried apple::, 1201314c; dried peaches. 14V4c. Flga. «1.» box. Dntee, 1-lb. package. 7%e. I. * Ralilna. C.00 Imx. Ora pea, Concord. 5. id bucket. 20c; Nengnrnn. 22t4e: Deln- p VEGETABLES—Potatoes per linahel 51.10, potatoes. 60090c. Onlqna, 51.26 tmah.; it, 51.50 crate; knot 14 barrel. 51.75; uaui.d, l%c. Celerr. 60090c a, hunch; pm crate, i to 614 doeen, 54.75. Cauliflower, 100 1244c pound. Lettuce, |2.25«2.60 per crate. Turnlpo. ltilc pound. Florida aquaab. 52.00 crate; Florida bonna, 51.50 crate; Florida enket. 52.60 crate GROCElilcS. niCE-Iap, 5V4 eenta; bead. 107c: fane; icad. 70744c. according to the grade. CnEESE—Fancy full erenm. lie: Geo ane eyrnp. 37c gallon: salt 100 pounda. —v, ,xl* greaac, 51.71; aoda crackers, <44e penndi lemon, Je: oyatar, 7o: barrel candy, per sound. (44c; mixed, per I iwundt, *4*: toma- toea, 2 pounda. 53 00 enaui l pounda, 53.25: navy beans, 52.90; Lima brana. te: l»at matehea per groaa. 51.56; macaroni. 44407c pound: anrdlnes. mnalnrd, 13.50 cnae. SUGAR—Standard grannlntetl 1.20; Nat. ^OTPrEE-honSgi^lprhncbllt^'iltJI: bulk oats. 53.25 esse; aaek ertrs. 9«-ponnd bog*. 52; oysters, full weight. 52.25 ess,: pepper. 18c pound: linking powder. 55 ease; red WHEAT OPENED WEEK AT LOWER PRICES Weakness of Short Dura tion-Advanced Sharp ly During Morning. 8T. LOUIS CA8H QUOTATIONS. ...........:&4 pound . salmon. 0 rase: pink salmon.* (4.50 ease; cocoa. 45c; rbocolnte. 4144c: sntiir. Mb Jars, “ at beef, 52.(0 cate: alrtin (New Or <8c; roast beef. 12.(0 case: alrun (New i leans). 35c gallon: corn, 90c gallon: pati 5J.25flS.no case: peanuts, (e: rop., 4-ply c ton. 27Vtc; soap. $7.5004 ease. CANDY—Mick, nasorted (44« pound; allc, .snorted. 6V ponnd: fane * CUc; chocolate drone, pall sorted, ten 'mixIs 15.59. FLOUR AND GRAIN. FLOUR—Highest patent, 56.59: best par. ent. »5.75: standard patent. 56.50: half pat- nt. 55 25: spring wheat pntent. $*.25. CORN—No. 2 white. S3c: choice white. S4c. Mixed, 53c. Cracked «»rn. ((-pound sack, 12c. CHICKEN FEED—Fifty-pound aneka, 51; pnrlpn rh’ck feed, 51,93. OATS—No. 2 white. 63c: No. 3 mixed. 63c; Onlden r.nts. 65c: white clipped, tie. MEAI^-rlnln. M-pound aseka. 85c; «. pound sacks. S5c; plain, 24-pound sacks,’85c; arm. 51.69. HAT-TImothT. choice Isree hales. 51.50; do., choice small hales, 11.25: No. 1, one. third balsa. 51.20: No. 2. one-third bales. 5179. Bermuda. 90e. SHORTS'—Choi re white. 5|.7«: fancy. *r.75: brown i75 to M» PonndaL $1.99: brand, $1.39. cotton SEED tlEAl^-l'rime per ton, 55*99; No. 2 per ton. 524.09; hulls per ton, * lr5 ’' PROVISIONS. PROVISION*—Rnprems hams. |Rc: h#l llss. 20*25 pountls nvpragr. 10V4: fat Iiaeks. 8.20. Rnnrvnm Is HI. 10%. Purify romponnd, 9%. California haras, 10c. Ex-ribs, 9*4. Chicago, Nov. 4.—Wheat opvncd about 1 to lV4c lower thla morning, but rallied Imme diately. Bear point* were the large Russian shipments ana the weakness lu tjxe atock market. On the other hand, Berlin and Budapest markets were very strong, while northwest cars were only 622. ngnliyt 879 last year. World’s shipments were 11,314,000 bushels. The markets all closed quiet, but more or leaa strength was shown. There wgre advances of 3-8191 1 -4c. for^wheat, 5-86J>3-4c for corn and l'-2@5-8c for oats. Prov!slonn unsettled. WEATHER REPORT. WEATHER CONDITIONS. The northwestern high area has moved steadily eastward aluce Saturday morning nnd Is now central In Tennessee, with It* crest extending frost Cincinnati to northern Alabama. Its advance has caused a general fall In temperature over the eastern half of tho map. The low nrea la now passing off tho roast of New England nfter having caused rain In tho eaatern portlou of the Great Lakes nnd the upper Ohio valley. A second area of high pressure has moved In over the Rocky Mountains to central this morning In Nevada. Accompanying this high nrea Is generally clear and cold weath er. Cloudiness prevails In the southwest, with rain falling at Tsyior and Ban Anto nio. Tex. The eaatwnrd drift of tUe arena of high pressure will cause generally fnlr weather In this section tonight nnd Tuesday, some what wurtuor tonight. mw, im-vwimi preferr Illinois Central .. .. .. Kansas and Texas ...» do. preferred .. .. .. Louisville and Nashville Minimum and Maximum Temperatures Mexican Central TIPS FLASHED From Wall Street. Special to Tho Georgian. (From Hayward, Vick ft Clark.) New York, Nov. 4.—J. 8, Bache ft Co.: Americana fn London very wenk. Canadian Pacific 4off %, Steel common 1%. Bteel pre ferred %, Baltimore nnd Ohio 2Vi, Copper 1%. The demoralised condition In I-oiidon caused by advance In the bank rate. T^iere was some selling for New York account. A further ndvauce In bank rate to 7 per cent l« expected if American demand for gold continues. It la doubtful whether the weakness In Americans will l»e reflected In our market to any great extent. The conference of bankers was In all probability to counteract the effect* thnt would naturally result from ■ueh n condition of affairs. The gold will begin to arrive tomorrow and will continue to arrive dally for n week or raofe. ’ A lower level of prides expected nt opening, but no such demoralization as legal holiday in Cali fornia will continue today. It la also an nounced that clearing house certificates of small denomination will be loaned to become currency for tbo present. • There nre stories afloat which nre of In terest. First, that Mr. Morgan hns Imught control of tne Tennessee Coni and Iron; second, thnt the Rockefeller* hive bought 100.000 .Smelters; third, that the Ciiion rn- eifle pinu will be worked out ns soon ns the market becomes normal. . As a result of a conference over Sunday between lending banking Interests nud In fluential directors of some trust companies, the situation Is believed to have beeu Im proved to a considerable extent. "fawn Topics: The Influence of Saturday's bank statement will bo felt In the market for some any*. The situation financially, both here ami throughout the country, is one that does not encourage the purchase of stocks, even at the admittedly low prices uow prevailing, indeed there Is *6 much more liquidation still to come thnt, In onr opinion, much tower prices all around nre Inevitable. Reduced dividends by Impor tant railway and Industrial corporations will be announced from time to tlmo, If in deed announcements are not of a more se rlous nature. It is quite evident now that onr der •“ “* M eontlnr.f will I New wc „ London today, nnd n further ndrni discount rates In London nnd In continental centers will probably follow ns a matter of course. Naturally no great amount of buy ing by Europe can be expected In the cir cumstances. An advance was made In the Bank of England rate of discount to 6 per ceut and there Is a feeling that n still further nd- vouco wilt l»e made durlug the week In case our demand for cold Increases. Cotton should be sold on bulges. Buy - ■ • rrlcu_ lied In the London market. MONEY AND EXCHANGE. New York. Nor. 4.~Moiie.v on call 4620 per cent; time loans, nothing doing. Posted rates: Hferllng exchange 64.^® 4.84%. with actual business liKhsnkcr* 7 bills at 64.67%®4.tf for demand nnd 84.84(94.85 for sixty-day bills. Prime mercsntlln paper unchanged. London Imr silver 27%d. New York bar silver 60%c. Mexican dollaW 47%c. THE LONDON 6T0CK MARKET. Ateblibo do, preferred .. Baltimore niwl Ohio Chesapeake mid Ohio .. .. Chicago nud Great Western.. Canadian Pacific Denver and Rio Grande .. .. do, preferred Erie r, ] do. first preferred do. second preferred .. .. and Rainfall. CHICAGO GRAIN MARKET. Chicago grain and provision quotations for todajr are as follows, compared with yesterday's close: Open. High. Low. WHEAT— Dec.... 93% 96% 93 JSSJ-" ’SS >2* in Bn- J|g_8 9 9 9 9 1m. 9- 9 £ 9 9 a: it CORN-* Jan... 14.29 May.-., 14.66 POKK- Nov... .... i nn -i.Ou lay... 8.45 LARD- Nov 14.55 LmS L?74( 1.60 7.824, LIVERPOOL GRAIN MARKET. Wheat opened lower nud it 1:30 p. fn. l%4}f% lower. cHosed ldffl% lower. - Corn opened >4 lower nud nt 1:89 p. m. %®‘4 lower. Closed lower. CHICAGO CAR LOTS. Toilny. Tomorrow. Wheat Corn. .' Oat* Ho**, head IN 140 158 t 21.000 82 169 189 HAYWARD, VICK & CLARK, COTTON, STOCKS, BONDS, COFFEE, GRAIN AND PROVI8ION& Carondol.t and Gravier St.., New Orleans MEMBERS: £•* Ortrana x.’Btton Exebeni*. N.w Orlran. Fntnr. BroX.rx’ AnoeUllon. ..cw Vcrj Cotton Ej*Iuii;c Nn Orlran. end Chicago Bo.nl* of Trad*. gf mtae CMtea Exchxng,. New York Cofla. ExcSiM*. . .. . . Koeatou Cotton Uxcbonce. AraoeUt. M.mhcra UT.rpool Cotton Au a New York and Chicago Correspondent*; *•. BACHE A CO., AND BARTLETT, FRAZIER & CARUINBTON, PRIVATE WIRES TO ALL POINTS. THE COFFEE MARKET. rasrket for today: Opening Range. Close ..6.66-6.75 6.6DA.68 , .6.70-6.76 6.5W.fid April June July August Xeptemhcr .. .. Ortokr Novemlter — Decern l>er 6.65-6.70 Closed steady. Rates 63.769 bag*. . . .6.75 .65 ..6.89 ..6.86 6.99 ,.6.89-5.95 ..5 JO-5.86 . .6.19-8.09 ..6.05-4.19 ..6.054.19 ..6.66-6.49 5.46-6,7> 5.70-6.75 6.764.4) 6J94.f5 5.864.9> 5.934.96 6.86-6.09 5.364.4:1 6.45-5.50 ATLANTA. Aldlene. . . A inn rl I In. . Bismarck. . . . Boston Charleston. . . . Charlotte Chicago. . . Cincinnati .’. . Corpus Chrlstl. Davenport. . . . Dodge City. . . , Kl Paso. . . . Fort Smith. . . , Galveston. . . . Jacksonville. . . Jupiter Key West. . . . Mobile Montgomery. . . Nashville. . . . New Orleans. . New York. . . . North Platte. . Palestine. . . Port laud, Me. . Portland. Ore. . 8t. Louis. .. . , Ht. Paul. .... Savannah. . . . Spokane Tampa. .... Taylor .... Thomasvllle. . . Vicksburg. ... Washington. .. . Wlhnlngton. . . T. Indicate* trace of rain J. B. MARBURY, 8c< Norfolk and Western Northern Pacific .. /. New York Central .. . preferred do, second preferred Rock Jalaitd .Southern Railway ..... il»i. preferred .. Bout hern Pacific Ht. Paul 1’nlon Pacific Tutted Rtntca Hteel .. .. do, preferred .. .. Wabash do. preferred U N GENERALLY LOWER Reflected the Demoralized Condition in the Lon don Market. TONE IMPROVED LATE Fair Advances Were Noted Throughout the List at Noon. jg/ New York. Nov. 4.—A further advance tft the Bank of Huglnnd rate Hebu recognized Thursday meeting, and tho announcement this morning that the rote had been raised at a spselal meeting to 6 por cent caused considerable consternation In the foreign markets. British console dropped a half point, tho other London departments were weak nud American stocki. although on n very small volume of business, fell from 1^ -% points from onr Saturday closing. the local stock market was naturally a good deal unsettled by these developments abroad nnd ofieued nt sharp declines. But It was appreciated generally that oar own situation, while still serious, was by no means as bad ns on the face of things It appeared to la* nt the close of last week. Tho bank statement It was realized related to conditions which were past ami which, In nil probability pictured the worst that was likely to Ite witnessed. With the arrival of the 339,000,000 gold taken for import, the enormous reserve deficit will be largely made good, assuming, of course, that last week’s domestic withdrawals hnd satisfied the first urgent demands from the interior centers. This assumption seems reasonable- in view of the grant Influence which tb6 premium on currency must have in bringing back hoarded supplies. The eoiieltislotis all received emphasis this morning \*bou call money opened at only 20 per cent, nud this comparatively moderate |UotntIou Instantly created quite a favorable- mpresolou on the exchange. Trices rose •npldly after the first hour, nnd by nofiu showed substantia! gains. nosing bids follow: Railway Stocks, Atchison .. .. 751-2 Atchison preferred ... . ..... 84 1-4 Baltimore and Ohio.. .. .. .... 807-8 Canadian Pacific .. .. .. .. ..150 Chicago and Northwestern .. ..133 Denver and Rio Grande .. .. .. 18 5-8 Denver and Rio Grande pref... 561-2 Erie 17 3-4 Loutavllle and Nashville 931-2 Manhattan "I*” ..1106 Metropolitan Street Railway .. . 25 Mexican Central 15 5-8 Missouri Pacific ». .. .. .. 63 3-4 New York Central 971-2 Pennaylvanla, ex. dlv. .. .. ,.1031-2 Reading 76 7-8 Rock Island ...... 131-3 Rock Island preferred ... 34 St. Paul ... ...102 7-8 Southern Pacific .. .. .. .. ..671-2 Southern Railway 121-4 Union Pacific #.110 Union Pacific preferred 79 7-8 Wabash ... 1-2 Interboro-Metropollian 5 8-4 Gtrtat Northern . :11Z Miscellaneous. Amalgamated Copper .. .. «. .. {OS-4 American Cor and Foundry .... 26 American Locomotive 38 1-4 American Cotton OU ...... *• J68-4 American Smelting and Refln. .. 68 5«.8. do. preferred !»*• f Brooklyn Rapid Transit Colorado Fuel and Iron . National Lend People's Gas . .f _ 811-2 16 3-4 361-2 731-4 16 7-8 331-2 383 Pressed Steel Car Slopg-Sheflleld Steel .. . Standard Oil Sugar .. .. .. IJJ Tennessee Coal and Iron . • ..... 35 United States Steel 241-4 do. preferred .. 84 3-8 Western Union ‘ • • • * • JJ ••• , Mackay Companies 62 Virginia-Carol Ilia Chemical.. .. 13 SAVINGS BANK Could Building CAPITAL STOCK • . . SI00.000.00 rcsouroes r- 0 ;- 4% .250,000.00 4/0 MINING STOCKS. Buxton, Nov. v-nw'nliw: Grrau. cananra *. Connor llninf, 63. CuVnmrt-Artxona IK. STinimnti rtnh 52% Olit Dominion 22. Jlnrk.t tvonk. Section Director. WEATHER F0RECA8T. NAVAL STORE8. Mir*. 22; recf'lpt,. 1,82*. ItIlftIV", ,1, w.»”. hi. F5.w. *v. ri.»», I, 14.20; II, 33.90; G, 63.806f3.85; F K, $3.75; b I* B A, fJ.79. .VISIBLE GRAIN SUPPLY, •kly vlsthte supply \\ v beat—Iurrease ucao buslMlo. 4*oi -Incr m® COTTON SEED OIL MARKET. Following Is given the opening gad closing quotations of the New York eotton seed olt market: Noromlxr. Ilereiitlter. January Starch. mk ...... V •losetl Irregular. Fsles. Atlanta Oil Markets. The following quotations are Imaed on ac. tuni transactions: Wins male o», f. o. h, mills. November 27; December 27; Jaau- •— fiVi- Oats— Incrohac 446.W9 bushel*. thT metal MARKET. New York, Nov. 4.—There was Utile or no activity shown nt the metal ex change today and prices ruled Irregular. Copper was unchanged, while tin eased off l-4c for spot and near-by deliveries. Spelter was down 5 points. Lead was unchanged. F. G. Martin, of Lsxington. Iowa, write* **ll»ls crop »r corn will five a leaa pei r<*n» of contract oura than any crop rnlae<l In the last twenty year*. Also only 7a per emit of a crop nt the extreme outside." The Rood* Klevator Company, of^ffcwwtr. Ilia., write*’: "t’Arn I* not making at much per ncre by M bushel* «a uua akjH»cted.'’ t'lfne write* from Wnpefta. Ills., tnat corn la making 19 to btiMbels Ins per acre than expected. •*Xorth%rcstern grain men bar* been pay ing out shout 31409,000 per day nlnce the crops began movlug wmie oUty daya ago,'' asld John MnrflHd. of Mlonrapolla, who waa down Katurday. ”Bvvr>' country elevator lu the Northwest I* n<»w rioted nn nnd ererylmdy la watting for the sitajitlmi to veer around to normal. The ] Washington, Nor. 4.—Weather conditions and general foreea*»: The northcaitetu storm hot passed out the gulf of St. Lawrence, but there Is ail other of more moderate character over l,ake Superior and wftil another over the Hrltt*h Nofthwe*t, encli with a high nrea to the southward. Loral rains nud snow* eon Temperatures have fallen eonaldernbly In the Atlantlr atates nnd lower lake region with general fronts In the Southern state*. It 1* slightly warmer In the middle wc*t and colder fn the central Rocky niotinfhltt weather will he fnlr tpnlght and Tuesday In the es*t and *nntb. except along r filial ble wind*. 'North tlrwlnn nnd South t’arollnn—Fnlr tonight, with light frost; Ttteuilay fair: llclit to;fre*b north to itorfhesst winds. Eastern Florida—Fair tonight and Tne* day; *l!gtitl> warmer tonight In northern portion; light to fresh northeasterly winds Waste — “ * night nt.™ . ... light northeast t*» can wind*. M!**t*o!ppi— Fate tonight and Tuesday; dlghtly warmer tonight In southeast por tion; light easterly wind*. Kentucky—Fair and wanner tonight; *e*d-r t"lr Tennessee—Fnlr tonight; warmer In ecu- trsl |»ort1oB; Titcwlny fair. Lotd*fnua—Fair tonight: Tuesday show 's: light to fresh easterly winds en the const. ern Tema—RtHrarevoi tanlght qtul ny: colder Tuesday In northern'por tion; light to fre*h easterly winds nu the Western Texas—Fair and colder thnlgbl; Teiowt*> ‘fair. (tklahome ami Indian Territory—Fair nnd colder tonight and Tnewlay. Arkansas—Fnlr tonight and Tuesday: frost Tuesday morning lu Oklahoma and the Tex as panhandle. N THE AMERICAN AUDIT COMPANY Home Office, 100 Broadway, New York City. - F. W. LAFRENTZ, C. P. A., President. C. E. M«nv .-.ring, Vie* Preiid.nf, Th»o. Ceeheu, Jr, C. P. A., Sr a and Tr.»k BRANCHES ATLANTA—Pmirth N*fl Bint Elfl» CHICAGO—Building. rmr.ADKI.l 1A—Il.ll.vue-Btratfotfl. SAN r.' A NCI SCO— Bfl Wen Building. StCW YORK—Waldorf-Antorl*. BOSTON—E*ch«n*o BulMln*. WASHINGTON—Colorado Building. NF.W ORI.EANS—Hrnn.n Bnlldlnr liAI.TIMORK—Fidelity Building. • LONDON. ENGLAND—* Kin* Klr.rl. Clirap.ld*. A T -ANTA BRANCH 1015-13 Fourth Hntlonat Bank Building. 0. B. BIDWELL. Resident Manngtr. r.lrphon*. Main 872. Cabt. Addresx. Amdit. N. V. FIIANK HAWKINS. ITr.I.Irnt, II. Jl. ATKINSON. Vlr. rir.il]rot. TIIIIUAS C. SICIYIX, Caaklar. (OBBrll A. M COUD. VIcc ITr.IJrol U W. ItVKIlS, XnllUlt OaklMV Third National Bank Capita] - - - - $200,000.00 Surplus and Profits $400,000.00 DR. A. W. CALHOUN. MII.TON, DARtiAN. II. ..I. A I IVIAAWA. .jdntni a. m’cord. J. If. NONNALLt. j. carhoi.l FAYsa K. It. ROSSER. DAVID WOODWARD. SPRINGS & CO. |jv«nuvd AKikfllRlimi STOCKS. GRAIN AND F It O VISIONS. 31 Cotton Exchange, New York, MEMBERS: New York Coffea Exchange. New York Produce Exchange, Chicago Hoard of Trade. B. C. COTHRAN, New Orleans Representative THE AUDIT COMPANY OF NEW YORK 1h« Oldest and Fcremott Csrpsrat.’on Fngtiedia iccounlinj 1310 Candler Building. HARRY M. RICE Southern Manager.