Newspaper Page Text
J JTLnj AIIjAJNTA ULOKtriAJN AI> uwurt S.
5A t ti
km. NOVEMBER 0. 19C7.
FUTURES BETTER
THAN EXPECTED
Closed Steady and Unchang
ed to 4 Points High
er.
CABLES WERE WEAK
Offset by a Covering Move
ment in the Late
Session.
NEWS AND GOSSIP
Of the Fleecy Staple.
Kiw York, Nor. 9.—Influenced by cables
from Liverpool, the local out ton market
this morning started unchanged to 10 point*
lower. Aside from a little boar pressure on
December, there was less selling on the call
thsn had been expected, while shorts took
occasion to corer late months sold yester
day. being Influenced somewhat by rumor*
that tha National Olnuers' crop estimate
would be around 11.W3.000 bales.
Futures In the Amerlcsn markets did bat.
fer than waf gonersllr expected In the two
hours' session Saturday.
Opening prices wen* lower In sympathy
with the weakness displayed by the Liver*
pool market, whero futures showed declines
Special to The Georgian.
(From Hayward, Tick A Clark.)
New Yorls, Nov. #.-J. H. Bacbe Sc Co.:
Liverpool was due 1*404 lower on near and
I lower on distant positions. Opened
quiet and unchanged on near aud 4 lower
on distant options. Closed quiet nt net de
cline of 768*4 points. Spot cotton quietJit
7 point* lower; middling. 6.84d: sales 5.000,
American 4,900; •peculation and export 600,
Import* 19,000 bales, including 12,000 Ameri
can.
Liverpool closed below parity. The altun
on In cotton aeems now to reat on the
lpposltion that a big ball cllnue exists In
_jntrol of the Jsniwry-Dooember options
and the movement of the market up or
down Is due to their manipulation. On the
contrary. Price and his friend* are arrayed
against the clique's position, and there you
have It Violent chntiges will be seen In
cotton. There la a question ns to whether
the clique can maintain Its position In the
face of business reaction .and general de
moralization evident everywhere. Anyway,,
we should have a good trading market with
a good purchase on the dip* and a sale on
I the advances.
I Crop In sight to date la 1,000,00) bales
* short of last year.
Receipts at Interior towns for week are
18,000 abort of Inat week, and 114.000 short
of last year. Everything else looks against
cotton, but the danger of a light movement
is causing reduced crop estimate* olid the
>tunnd to All Novembet
may meet a Arm posl
Edited by
Joseph B. Lively.
MARKETS
Mr. Lively's twenty-five
years* experience of ed
iting markets In Atlanta
and the Couth has mads
him a recognized au
thority Id hit apedalty.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
^AMB OF STOCK.
of from 7 to 8ft points «• compared with
Friday’s final figures, while snot was re
duced 7 points to 6.84 on talcs of 8,000 hales.
December and January nt the opening
were each 7 points off from Friday’s clos
ing, December at 10.86, decline*! to 10.12 In
the flrat few minutes' trading, after which,
on a dull trade, an advance to 10.47 no
ctjrred, the dose )>oJ»g 8 points up from
the previous close at 10.46.
The same flint tint Ions took place In Jan
nary, the decline Immediately carrying that
option to 9.98, showing a gain of points
over Friday night lit 10.11.
March left off unchanged, t
of the list closing 1 to 4 points higher, tha
latter for July,
Covering over the Sunday Interval wns
responsible for the late advance.
Comparative port receipts:
Net receipts Saturday 64.287
Same day last year 72,280
11,023
Total receipts since September 1 S,823,881
Same days Inat year t,094,180
Decrease 733.599
Estimated receipts for Monday*
1907.
New Orleans , 4.W0 to 6,068
Galveston IS,MO to 17.600
Houston ,.4,000 to 7,060
tiou of sellers.
It Is rumored thnt the National Glntiera
Association estimates the crop at 11.132,000
bales.
Following Is the statistical position of cot
ton on Friday. November H. ns made up by
the New York Financial Chronicle:
This Last Last
Week. Week. Year.
Visible supply 3.3*1,399 3.185.877 3.626.963
American 2.685.299 2,426,877 3.861.068
In sight week 461.420 454,462 567,245
Hlnce Kept. 1 3.198.563 2.737.143 4,061.661
Fort stocks 794.814 663.805 1,044.179
F*ort receipts 365,918
Exports , 181,068
337.068
378.894
234,713
182.000
416.441
414.010
986,264
339.700
275.841
472.057
1906.
18.044
81.068
19.560
SPOT COTTON MARKET.
Liverpool, easier | middling
Atlanta, steady| middling
New Orleans, steady! mldfll
6.84.
10 9 16.
... Ililig 1044.
New York, steady* middling 10.80.
Savannah, dull; middling 10 6-16.
Augusta, steady; middling 10 9-16.
Mobile, dull | middling 10*,.
charleston, steady| middling Id 1 !.
Wilmington, steady; middling !**,.
Baltimore, nominal; middling 10%.
Boston, steady| middling lo.ko.
Memphis, quiet; middling 10 13 16.
Philadelphia, stead/} middling 11.66.
Houston, quiet; middling 10V
Norfolk, steady; middling 10%.
Galveston, steady; middling 10%.
TODAY’* PORT RECEIPTS.
The following table shows receipts at th«
Now Orleans,
Galveston. . ,
Mobile, . , , ,
Savannah. , ,
Charleston, , ,
Wilmington. ,
Norfolk. . . ,
New York. , ,
Boston. , ,
Philadelphia. ,
Port Arthur, ,
Pacific coast. ,
Various, , , .
Total. , , ,
1907,
16.662
16,367
2.938
10.2*1
51.77*1
8.396
8,477
3
2,i*tf
,} 54,237
1906.
16,411
80.136
4.813
10.068
1.1*1
2.139
««
INTERIOR RECEIPT8.
The following table show* receipts In the
Interior today, compared with the Mine day
last year.
Inferior stocks 437,85!
Following Is the Liverpool cotton stnte
went for the week ending Friday, Sovem
her H:
tSff!
Week 1
of i
For
Fo:
..fes.! 1......
bleb American
export
speculation
Forwarded
Total stocks
Of which America!
Actual exports
Week's receipts..
Of which American
Stocks afloat
Of which American
3.400
77.0)0
667.000
476*600
5.0JO
106.000
93.000
616.000
394.000
362.000
265.000
44.000
1.809
1.700
86.00J
326.000
245.003
9.000
126.000
96.000
'
614.000
460.000
404.000
bear selling
HMPtownnl the close
showed that nil attack In Liverpool was
planned. Expect short covering today
Liverpool. It.should have opened 18 down,
but the bears are* too eager to get contracts
back. Cotton looks stronger than people
Imagine It. New York must sell It contin
ually to bold It down.
Cotton does not go down of Its owu accord
any more, therefore bears are trying to tnlk
It down or to press It down In order to get
out. Would not be surprised to see bear
operators take nil the contracts they can
get on• depressions today.
As soon ns shorts try to cover they run
the market up on themselves, ilem* about
62.000 bales will clear from this port alone
today.
Short selling alone enu put It down.
Impossible to cover any larger quantity
of short cotton without putting market up
shnrpl.v. Market looks sound.
Market rnllylng on local covering. Light
Houston estimate, aud heavy buying of
May by Gifford.
ATLANTA MARKETS.
FRUIT AND PRODUCE.
HAYWARD. VICK A CLARK’S
DAILY COTTON LETTER.
New York. Nov. 9.—J. H. Bache A Co.;
The Liverpool cotton market ruled eaaler,
and In the earlier dealings January de
clined below 19c, while December held com
paratively firm. The market rallied leisure-
Iv after the early break, but there waa no
diapnaltlnn to trade ami extreme dullness
prevailed. The planters and farmers seem t
to display reluctance to accept checks In
payment for deliveries of cotton. This pre
vents the movement of cotton, and If the
present demand keens up. Interior and port
stocks will l*e rapidly deplete*!. Weath
er conditions generally fair. !,ook for nil
up and down movement within a narrow’
range nntll outl<H*k heroines more settled.
WORLD’S VISIBLE
SUPPLY STATEMENT
Rtcretary Heater’s statement of the
world's visible supply of cotton for the
week ending November 8, made up
from special cable and telegraphic ad
vices, compares the tlgurea of this week
with last week, last year and the year
before.
It shows an Increase for the week
just closed of 235.277, against an In
crease of 334.923 last year, and an In
crease of 287.093 year before last.
The total visible is 3.371,958. against
3,869.806 last week. 2.850,204 last year
and 4.0*1.415 year before laat. Of this
the total of American cotton la 3.665,•
082, against 2,369,805 last week, 2,850,-
204 Ia»t year and 3,298,415 year before
laat, and of all other kinds, including
Egypt, Brasil. India, etc., 806,876,
against 766.870 last week. 765,000 laat
year and 763.000 year before last.
The total world’s visible supply of
cotton, as above, shows an Increase
compared with last week of 235.277, a
decrease compared with last year of
248,246 and a decrease compared with
year before laat of 689,467.
Of the world’s visible supply of cotton,
as above, there Is now' afloat and held
In Great Britain and continental Eu
rope 1,760,000. against 1.664,000 last
year and 1.927,000 year before last; In
Egypt. 182.000, against 146,000 last year
and 113,000 year before last; In India
301.000. against 321,000 last year and
373,000 year before laat. and In the
United States 1,179,000. against 1.484.-
000 last year and 1,646,000 year before
last.
KGGfc—Actlre. 25c, • , *
LIVE POULTRY—Hens dull, 40 rents:
chickens, fries, 22Vir*30r. Duck*. Fokin, 25c
each: puddle. 29q each. Turkey* active. IS*
PRODUCE—Lard. l?e ponnd: bams active
16c pound: shoulders active. lOOtl** pound:
sides active. 11c ;>ound: butter, i8*24c per
pound; Ivm-swnx notice. 25c ponnd: bone/
(bright) active. 15c ponnd.
Fill'ITS AND NUTS—Citron, 20c pound?
almonds, 16ftc pound; Brazil, 14«* pound;
Filberts, 13'v? pound; English walnuts. 15c
lb. I'ocans, 14c hound. Lemon peel. 17fte lb.
Orange peel. ifftc lb. Lemons, fancy Mes-
senn. $3.76414.00; hnnntint. 3fte lb.: limes.
Florida stock, 76c 100. I'esnuta In sack* aver
aging 100 pounds each, owing to grade,
per pound. Florida nrAngea, $4.00;
dried apnleii, 12G1JV: dried peaches. 14VP\
Figs. $1.28 box. Dates. Mb. package, 7ftc. K
L. Itnlslns. $3.00 t»ox. Grapes, Concord. 6-
pound bucket. 20c; Niagara. 22ftc; Dela
ware, 26c. Malaga per keg. $5.00416.03. Ap
ples. Virginia. $5.00; New York. 66.60*100.
VEGETABLES'—Potatoes per imsbel $1.19.
sweet potatoes. 60©90c. Onions. $M0 busb.:
Spanish. tl.W crate: kraut % barrel. $176:
Danish. 1%. relerjr. 00693c n bunch: per
crate. 6 to 6H doien. $4.76. Cauliflower. 10*
12fto pound. Lettuce, $2.25ti2.60 per crate.
“ * - — sft. 62.01
Florida
GROCER: 26.
RICE—Jap, 6% rents; head. 607e; fnnjy
heed. 7<97Ho. according to the grade.
CHEESE—Fancy fall cream, ftc: Georgia
eane svrup. 37c gallon; salt. 100 pounds. KOe*.
axle grease, 61.79; soda crackers. 6%c pound;
lemon. Ic; ojreter, Tc: barrel eendy. per
pound. 6Hc; mixed, per « pound*. «V* »"**2*
Iocs, t pounds. $2 00 caae; I pounds. $2 25;
navy beans. $3.90; Limn beans, 7c; l»eat
matches per groaa. 11.65; macaroni. »ft07r
pound: sardines, mnatard. I3.M case.
SUGAR—Standard srsnnlated 8.20; New
York refined. 4.90: plantation. Ic,
aujui. Copper. ....
Am. Ice flecnritlea. • .
Am. Sugar Hennery..
American Smelting. .
Arm. Locomtlve. . - .
do. preferred . . .
Am. Car Fonudry. . .
American Cotton OIL .
Anaconda
Atchison
do. preferred. . . .
Atlantic C. Line. . . .
Brooklyn Uapld T. . .
Baltimore X Ohio. . .
Chesapeake ft Ohio .
Canadian Pacific. . ..
Chicago ft Alton. . . .
Consolidated Gav. . . .
Central Leather. . . .
_ .do. preferred. . . .
Colorado Fuel ft Iros-
Corn Produce
Colorado Southern. . .
Delaware ft Hudaoa. .
BatF * I{, ° Ortada.
Distiller*’ Securities..
Erie
„ do. preferred. . . .
General Electric. . . .
Great Western
fiiyflt JN'orth-rn pfd. .
Illinois Central. ....
Interboro
do. preferred. . . .
Ivan*** ft Texas. . . .
NAME OF STOCK.
Total stock sales today, 98,100 shares.
Kansas A Texas pftl. .
l,oulsvllle a Nashvills.
Missouri Pacific. . . .
Mexican Central. . • .
New York Central. . .
Northwestern. • • . . ,
National Lead
Norfolk ft Western. .. ,
Northern Pacific. . . .
Ontario ft Western. . .
Pennsylvania
Bock Isis ad
do. preferred. . . .
Uepubilc Irou ft Stool,
do. preferred. . . .
do. preferred. .
St. Paul
Tenn. Coal ft Iron.
Trxaa Pacific. . . .
Union Pacific. . • . .
U. S. Rubber. . . . ,
do. preferred. • ,
U- K Steel
do. preferred. . .
Western Union. . .
Wabash. ......
do. preferred.
sfi
m
lew !■«'.
i«ql i»%
in I ins
II I 154
HS
MS
H ,
9tv'
Sl 'i 54'i 54
tl | l«i 14
944 PiTii 9 '4
M*% 1« | 10*4
20 »v 30
1119'i 109%! 1094
124 134
1024 102%
M
15
$
ft
TIPS FLASHED
From Wall Street.
SpccInF to The Georgian.
(From Hayward. Vick ft Clark.)
New York, Nov. 9.—J. S. Bache ft Co.:
American In Londou weak, (’auadlan Pa*
ctfie off 2ft. Rending 1%. Southern Pacific
1ft. Union Pacific I. Steel Baltimore and
Ohio 1*4, Atchison ITi. Missouri. Knnsns and
Texas common l%. The further engagement
of $3,000,000 gold nt Bank of England mainly
cause of liquidation, the 7 per cent rate
falling to check withdrawals.
Foreign bouses expected to sell freely
In our market today. There are very few
venturing an opinion on bank statement, the
late gold arrivals not figuring to nnv ex
tent. The import movement of gold ha•
assumed large proportions now. and gold I*
still being secured. It now looks as If the
total would go much almve $50,000,000. Bank
ers seem to be well satisfied with the sta
bility in the stock market, and arc still
advising against unnecessary speculation.
The vast amount of mid-lot buying has re
duced the (loafing supply of stocks, and
this will Ik* greatly felt In long ruu.
Market may show some renctlon today,
hut no serious setback expected.
Town Topics: The bank statement, which
will not be published until after the close
of the market, will not fully reflect the
strength of the banking position. Next
week, however, the receipts of foreign gold
will make a targe difference, nnd the Im
provement lu local monetary affairs, already
quite marked, will be more evident. There
are ntlll .many weak spots In the Interior,
but the government Is assisting where nec
essary. while the premiums paid for cash
.... bringing gold and currency out of their
hiding places. This is a most favorable de
velopment. and. in our opinion, will be the
moving cniuie of a good rise lu the market
later on. Indeed we regard the present ns >ti(i
n trading period preparatory to n sharp ad-1 lower. American Locomotive and‘Aim
among the good stocks that have j point down.
EXTREMELY DULL
The General List Showed
Fractional Advances
At the Start.
UNDERTONE STEADY
Bank Statement Not a Fac
tor, Being Issued After
the Close.
New York. Nov, 9.—The stock market
opened at general dMhies. The unsettle-
meat in American securities in Louden w:i*
reflected in i«)Rf,es of in Caundian I’.i-
elfle. 1T« in Atchison. 3*4 in Ontario .m l
Western and *4 in Northern Pacific. Klrnt
prices showed lenses of % ....
Hour born Pacific and Westlughouse.
!ng. Union Pacific. Modi ccinmon and IP
Ing opened «<i lower a ml Pennsylvania
ppc;
NEW YORK
Following la tbs range In cotton futures In
New York today:
SZ77T.
Dec.. .
Jan.. .
Feb.. .
March.
April. .
May. .
ny. - .
erased
. 110.17{ 10.23 10.16
,10.14110.20
.. ltOEaS
IMS 10.45 10.45
10.09 10.09-10
! 10.12-15
10.14! 10.14-15
10.16-18
10.19 10.18-19
... (10.20-22
10.23110.23-24
||
i
10.42-43
10.07-08
10.11-13
10.14-15
10.16- 17
10.17- 18
10.19- 20
10.19- 21
LIVERPOOL.
Following Is the opening range, 3 p. m.
and close, compared with yesterday:
Futures opened eaaler.
Opening Previous
Range. Close.
5.62^4 5.58
5.53 -5.50*4 5.51b
5.54 6.50
November
Nov.-Dec
Dec.-Jan
Jan.-Feb
Feb.-March ....
March-April 5.56 -5.62
6.66
Close.
5.66V.
5.58V,
56 -5.5014
55 -5.51 %
5.66
Anrll-May....
May-June 6.67' -5.52
.Tune-Jitlv
July-August 5.55 -6.51% S.62V4
6.58V
5.59
5.60
6.60
NEW ORLEANS.
Following la the range In eottoa future* la
New Orleans today:
|
xi
5
(t
o
II j
n
Nov
Dec j
Jan.. . . .
Fell i
March. . J
April. . , .1
May. . . .j
June. . . .
July. . .
o!is
10.16
10.18
b!23
0.33
10.27
10.24
10.28
ia36
lb! 43
io.is
10.10
io.ii
io.*2i
ib!s:
110.34 ,
10.27 lift. 27-2$
10.22|l0.22-23
(10.23-24
10.27 10.26-27
[10.28-30
10.3«j 10,36-37
10.37-3$
10.42110.42-43
10.28
10.21-22
10.19- 20
10.20- 22
10.23- 24
13.24- 26
10.30- 31
10.31- 32
10.36-37
Closed steady.
———
COFFEE—Roasted, Arhucktss. $16 00; bulk
to bags sod barrels. lSe; green. 116918c.
Bbredded biscuit. $5.00 caae: No. 3. rolled
oats. $3 28 case; sack frit*. M-pound bags.
83: oyster*, full weight. *2.25 caae: pepper.
18c pound: baking powder. 15 case; red
salmon. $& case; pink salmon. $4.50 cate;
cocoa. 46c; chocolate^ 4SHc; snuff. 1.1b Jars.
48c: ros«t beef. $2.60 caae: sirup *New Or
leans!. S5c gallon: corn. Me gallon: potssl
$3.25fT3 M rase: peanut*. 6c; rope. 4-ply cot
run. •’Ur; tnan. $1.60614 case.
CANDY—Mick, assorted 6^e ponnd; atlck
assorted. 6«4e pound: fancy assorted, pall*.
6%c: chocolste drons. palla. 12M|c: Elk. as
sort'd. tsn ttotes $5.6*.
FLOUR AND QPA»N.
FLOUR—Highest patent. MB); best p*t-
ent. 88.78; standard patent. $5.50; half pat
ent, $8.28: spring wheat patent, $6.58.
Albert O. nrown. Edward F. Buchanan.
Cl. Lee Stout. Lewis G. Young.
A. 0. BROWN & CO.,
BANKERS and BROKERS.
30 Bro.d Street, New York.
Member. New York Stock Exchanse.
New York Cotton Exchan*e, Chicago
Board of Trade. Cleveland Stock Ex
change.
35 Branch Offlcea, Including
Waldorf-A.torta Hotel. New Plaxa Ho.
tel 11 tve.t 35th St.. Flatiron Bldg,.
Marie Antionette Hotel. 3 East 44th Bt.,
NEW YORK.
Atlantic City, N. J.. Chicago, Cincinna
ti, Detroit, Toronto, Can.. Buffalo,
Cleveland. Washington, D. C.
Ever}' facility for prompt execution
of order, on all exchangee.
HAYWARD, VICK & CLARK,
COTTON, STOCKS, BONDS, COFFEE, GRAIN AND PROVI8ION&
Carondelet and Qravier 8U, New Orleans.
MEMBERS!
Few Orietci Cat too Exrh.oze, New Orteen, Fatore Brokerf Aaeeel.tlea.
New York Cettoo ■xeh.nc% % New OrMao, xa4 Chk.p Beard, of Tritle,
tialTZZtsn Cotton Exrbnngv, Now York Cod— Exrbangs.
Hecten Cettoo Kxcb.ne,. AMoetate M.mter. Urerpool Cot tea Am a
Saw York .ad Chl.-tgo CorrM,wnd.m»:
4. 8. 8ACKE & CO.. AND CARTLETT, FRAZIER A CAR KINSTON,
OOIVATK WIRES TO ALL POINTS.
HESTER’S WEEKLY
COTTON STATEMENT
Secretary Heater's statement of the
ovement of cotton for the week end
ing Friday, November 8, shows, a de
crease In the movement Into sight com
pared with the seven days ending this
date last year. In round figures, of
106.000, a decrease under the *ame
duys year before last of 30,000 and a
decrease under the same time In 1904 of
1.000.
For the eight days of November the
totals show a decrease under last year
of 148.000, a decrease under the aame
period year before last of 67,000 and a
decrease under the same time In 1904 of
154.000.
For the 69 days of the season that
have elapsed the aggregate is behind
the 69 days of last year 793.300, behind
the same days year before last 685,000
3rd behind 1904 by 1.281.000.
The amount brought Into sight dur
ing the past week has been 467,345
hales, against 673.423 for the seven
days ending this date last year, 497,-
556 year before last and 638,238 for the
same time In 1904, and for the eight
days of November It has been 522.235,
against 669,860 lost year, 588,888 year
before last and 680,792 same time In
1904.
The movement since September t
shows receipts at all United States
ports of 2.275.144. against 2.992,720 last
year. 2,823.487 year before last and
3,298,262 same time In 1904. overland
across the Mississippi. Ohio and Po
tomac rivers to Northeri) mills and
Canada 91.672, against 149.917 last
year, 127,819 year before last and 182.-
354 same time In 1904: Interior stock*
In excess of those held at the close of
the commercial year 310,153, against
324,285 last year, 414,126 year before
Inst and 479,711 same time In 1904;
Southern mills takings 535,000, against
588,429 last year, 581.474 year before
Inst nnd 487.129 same time In 1904.
These make the total movement for.
the 69 days of the season from Sep
tember 1 to date 3,211.869, against
4,005,331 last year, 3,896,406 year before
last and 4.442,466 same time In 1904.
Foreign exports for the week have
been 178.672, against 235,079 last year,
making the total thus far for the sea
son 1.501.700, against 1,866.910 last year,
a decrease of 365,210.
Northern mill* takings and Canada
during the past seven days ahow an
Incrensp of 1,852 a* compared with the
corresponding period last year, and
their total takings since September 1
have decreased 74,310. The total tak
ings of American mllla, North, South
nnd Canada, thus far for the season
have been 883.106, against 957,627 last
year. These Include 338,573 by North
ern spinners, against 412,883.
Stocks at the seaboard and the 29
leading Southern Interior centers have
Increased during the week 156,403 bales,
against nn Increase during the corre
sponding period last season of 189,949.
and are now 303,495 smaller than at
this date In 1906.
Including stocks left over at ports
ami Interior towns from the last crop
and the number of bales brought Into
sight thua far from the new crop, the
supply to date la 3.559.879, against
4,303.101 for the same period last year.
WHEAT AT OPENING
EWHAT BETTER
Declined Near a Cent, Later
More Than Recovered
the Loss.
8T. LOUIS CASH QUOTATIONS.
Wheat-No. 2 red winter
Corn—No, 2 66V4&57
tints—Nq. 2 45Vi
Chicago. Nov. 9.—Wheat opened unchang
ed to %c up on light world's shipment*,
the destruction of wheat, nt Huperlor by
lire and smaller offering* In the ldt. World's
shipment* are put nt I0.0d0.000 bushel*. 11,-
UOO.OOO Inst week. Northwest receipts nre
light nt 39K ear*, against 632 laat year.
Closing price* for the day showed wheat
Vf/Die higher, com $4®%c lower, oat*
He off and provisions 2H6-7MK.’ higher.
CHICAGO GRAIN MARKET.
WEATHER REPORT.
WEATHER CONDITIONS.
Cloudy weather prevail* at most station*
|n the south nnd rain was falling nt Abi
lene. Tex. The pressure has decreased over
the entire country east of the Rocky Moun
tain* and n low area la central over Lake
Superior. The southeastern high area la
decreasing In energy, hut ha* moved but lit
tle since yesterday morning. The high area
In the northwest remains about wnore It
was yesterday, but has Increased in en-
ergy. Higher temperatures prevail over
the Missouri valley and the eaatern half of
the cotton belt; elaewhere there has been
but little change In temperature since ves-
Minimum and Maximum Temperatures
* and Rainfall.
Chicago grain und provision quotations
for today nre as follows, compared with
yesterday's close:
mu
July.... 967.
CORN-
Dcc....
May....
July..,.
OATS-
Dec 4«H
May.... 10
July....
91S
100V 4
96ft
57 ty
$
45 ti.
May
13.70
LARD—
Jan... 8.15
May... 8.15
RIHS-
Jan... 7.12V4
May... 7.35
46*s
49%
45*4
8.07ft
8.12*4
91%
100%
96*4
6G*
45S
THE SUGAR MARKET.
New York, Nov. 9.—Th* local refined and
iw sugar markets are steady. The Lon-
in beet sugar market today wns steady,
1th November and December unchanged
at 9* 3\d and 9a 4Vfcd, respectively.
MINING ST0CK8.
dated 10; Calumet-Hccln 6X1: North Butte
394; Copper Range 544; Franklin 74.
LIVERPOOL GRAIN MARKEi.
Corn closed ueu
CHICAGO CAR LOTS.
Th. receipt, of xnln In r.r lot. tod.j and
fitlmatiM receipt, fur tomorrow or. oo fol
low. :
Todxjr. Tomorrow.
SPINNERS’ TAKINGS
AMERICAN COTTON
Secretary Heater gives the takings of
the spinners of the world as follows. In
round numbers:
This week 269,000 this year, against • January
245.000 last year, 299.000 year before **
lust.
Total since September 1, this year.
•1.991.000. against 2.070.000 last year
and 2.241.000 the year before.
Of this Northern spinner* and Cana
da took 339,000 bales this year, againat
413.000 last year and 498,ono the year
before; Southern spinners 545.000,
against 545,000 last year and 638,000
the year before, and foreign spinners
1.107,000, againat 1.112,000 last year and
1.200.000 the year before.
ATLANTA. . .
Abilene
Amarillo. . . .
Asheville. . ,
Augusta. . . .
Birmingham. . .
Rlainnrek
Boston
Buffalo
Charleston. . .
Charlotte. . . ,
Chicago. . . .
Cincinnati. . . .
Corpus CbrUtl.
Davenport. . .
Dodge
Kl Faso. . . . ,
Fort Hmlth. . . .
Galveston. . . .
Havre
Huron
Jacksonville. . .
Jupiter
Kalians City. .
Key West. . . ,
Knoxville. . . .
Macon
Memphis. . . .
Meridian
Mobile
Montgomery. . .
Nashville. . . .
New Orleans. .
New York. . .
Norfolk
North 1‘lntte. .
Omaha. . . .
Palestine. . . .
Pittsburg, . . .
Portland, Me. .
Portland./Ore, .
Rapid City. . .
8f. Louis. . . .
sr. Paul. . . . ,
Hnu Francisco. .
Savannah. . . .
Spokane
Tampa
Taylor
Thoinnavllle. . .
Vicksburg. . ,
Washington. . .
Wilmington. , .
been thoroughly liquidated and nre return-1
Ing such handsome dividends. The pressure
of foreign liquidation Is no longer apparent,
and before many day* we look for heavy
buying orders from abroad. Consequently
we see no reason to change the advices re
cently given to the effect thnt the stall lard
rails should he bought on nil the weak
spots. While some may l»e Inclined to take
■mail profits nnd wait for a reaction before
buying in again, w*e now lielleve that stocks
may lie held for considerably higher price*. |
etfteolnlly the tlarrlmnn nnd III 11 Issue*.
Atchison. Rending. Baltimore. Louisville and I
NEW YORK BANK STATEMENT.
New York. Nor. 9.—The weekly statement
»f the nrsoelated bahks 'shows th* follow-
ng changes:
Deficit In reserve. Increase Jl3.08o.S00.
gal tenders. Increase . J
Deposits. Increase $35,091,200.
circulation. Increase $1,113,400.
I'n1 ted States deposits were $73.tK
American Hnieltlng. which nt the price I* ! $48,063.8 JO on October 26. 1907.
the best of the Industrials. We look for i 1 he hank statement Is confusion. T
further improvement today nnd next week, j serves show n heavy decrease, while
Cotton should still lie sold for turns
11 bulges of 10 points or so.
Buv wheat only on the breaks nnd lie sat
Isfleil with small profits.
The Ixondou early market for Americans
MONEY AND EXCHANGE.
New York, Nov. 9.—No time or call money
nnrket.
Hterllug exchange: Posted rates, $4.795047
4.8650. with actual busbies* In hankers' bills
at $4.85754*4.86 for demnnd and no' market
for 60-day bills.
Prime mercantile paper, nothiug doing.'
Tendon bar sliver, 26 16-16d.,
WEATHER FORECAST.
THE COFFEE MARKET.
market for today:
New York coffee
Opening
Range.
•Including plus correction 3.000 bales
Atlanta and minus 3,000 at Wilming
ton.
February
March .. ,
April.. ..
bnember
ceemtier..
CI»S»d !%tc
Range.
..6.45-5.50
..5.50-6.00
..5.69-6.65
5.60-5.70
, .. .. ..5.70 5.75
5.70-5.80
5.80-5.85
5.86-6.96
5.91-5.95
5.90-6,00
5.25-5.4 *
5.41-5.45
Sales 18.600 bnga.
CIowB
5.45-6.5)
5.50-5.651
5.65- 6.66
5.66- 6.70
5.70-5.751
5.75 5.80
5. §0-5.851
5.80-5.85
5.85-6.90
COTTON SEED OIL MARKET
Following la given the opening and closing
•imitations of the New York cotton seed ol:
market:
^CHICKEN FEED—PWjr-pOBXd uttx tl;
Purina chick feed. $1.95.
OAT*—No. 2 white. 64c; No. 2 mixed, 63c;
Golden oats, 65c; white clipped. 67c.
MEAL—Plain, 9b pound aaeka. sSc; 48-
pound sack*. 85c; plain, 24-poand sacks, ®c;
germ. ^$1.60.
HAY—Timothy, choice large bale*. $1.8;
ilo., choice small Imlea, $1.20; i, one-
third belea. $1.15; No. 2, one-third (tales.
NAVAL STORES.
Special to The Georgian.
Savannah. Nov. A—Turpentine firm at
43*4; enle# 36*; receipt* 1.040.
Rosin firm: sale* 3.7*1: receipts 4,674: win
bale*, dnw gins* $6.10; water white W; N $5.50; M
“ K $4.7'; I 93,96: II $3.5*3 «: G $3.40«
Washington, Nov. 9.—Weather conditions
and general forecast:
While the weather has been more or leaa
cloudy during the last twenty-four hour*
er the eaatern half of the country, pro
►mall. nnd. aa a rule, unimportant
The eastward movement of a disturbance
now over Ijike Huperlor may cause local
rains tonight or Sunday from the lower lake
region nnd upper Ohio valley eastward.
Elsewhere in the east and south the weath
er will be generally fair tonight nnd Sun
day.
Ir will l»o warmer tonight In the upper
Ohio valley, the lower lake region and the
middle Atlantic states.
Forecast until § p. m. Sunday: s
Georgia—Generally fair toulght and Sun-
day; warmer toulght in southern portion;
light to fresh winds, mostly southwesterly.
Virginia—Partly cloudy tonight and Sun
day; light to fresh southerly winds.
North Uarollmi—Fair tonight nnd Sunday;
cooler tonight In extreme western portion;
light westerly winds.
South Unrotlnn—Fair tonight amt Hun-{
day; light to fresh southwesterly winds. I
Eastern Florida—Fair tonight and Munday;}
variable winds.
Western Florida—Fair tonight and Sun-1
day; light to fresh southerly wind*.
Alabama and Ml**ia«ippl-Fnir toulght nnd
Sunday: slightly cooler tonight In northern
portion: light to fresh southerly winds on
the coast.
Kentucky and Tennessee—Fair tonight:
colder In western portions; Sunday fair
ami colder.
I jmlslnua—Showers toulght: colder In
northern portion: Suuday fair except show-
cr* In southeast portion; light to fresh
southerly winds on the const.
Eastern Tsui—Showers, except fair in
the northwest portion; colder tonight; Sun-
lay fair; light to fresh northerly winds
on the const.
Western Texas—Fair tonight; colder n
northern and southeast portions. (Sunday
fair. '
Oklahoma nnd Indian Territory—Fair and
••older tonight: Honday fair.
CONDITION IS HEALTHY
THROUGHOUT THE COUNTRY.
The New York Commercial: Business was
decidedly quiet In jobbing quarters Thurs
day. as there were not many buyers In the
the standing of various houses In the trade.
uerehniits were optimistic and refused to
place any credence In the reports or to be
lieve thnt the dry goods trade could he
very badly hurt by the present financial sit
uation.
The fact thnt business throughout the
country Is In a healthy condition and that
money Is much easier In other cities outsldo
of New York, gives foundation for n more
optimistic feeling on the part of merchants
hero than would be the ease If the money
stringency had spread over the entire coun
try. Jobbers nre not worrying to nny great
extent, ns they had booked an excellent
fall business nnd collections, taking all
things Into consideration, have been much
better than could reasonably he expected.
The situation Is to n certain extent rcatrict-
Ing business for next spring as buyers are
not Inclined to purchase for long-distant de
liveries just at the preseut time.
Faith In the future, however. Is very
marked and unless some unforeseen panic
or disaster should strike the country. It la
believed that future business will he al
most ns satisfactory ns the most sanguine
had looked for. Conservatism regarding fu
ture purchases Is undoubtedly the right nt-
tltude to take* at the present time, oud
merchants In the shape of retail buyers.
Print Cloth Market Dull.
Very little business Is being put through
In the nrint cloth mnrket nt the present
time, with prices practically uncbuugcd. In
some quartern a small amount of business
cash loss thnt wns looked for does i
pear. The Increase In deposits nre heavy
‘ ‘ a reassuring effect.—
GEORGIA RAILWAY
#.ND ELECTRIC C
Boston. Nov. 9.—Following was the
aud asked price on Georgia Railway
Electric Company today: Asked 70;
ferred, no mnrket.
HAYWARD, VICK & CLARK'S
DAILY 8TOCK LETTER
J. BARNES-FAIN CO.’S
FRUIT AND PRODUCE LETTER,
New York. Nov. 9.—J. 8. Bache & Co.:
The stock market ruled very dull and the
transactions were small, with fluctuation*
narrow. The I^ndon market recorded de-
Hnca of n point or more. There was some
The fact thnt the hank statement would
not be published until after the close acted
as a damper on professional speculation.
Our market opened comparatively tlrm in
spite of the weakness In London. Canadian
endfle was the only weak stock, nnd about
met Its decline In London. This stock Is !>••.
Ing persistently sold abroad. It Is sell
ing out of line with the general mnrket. The
situation In the Interior docs not show
tnnnv signs of Improvement. Currency is
hard to get and the business of the country
seems to he In a state of suspended anima
tion. The machinery of business commu
nication seems to have become temporarily
deranged. Gold engagements continue, nnd
these Importations will help. At the sum*
time, the public desire to hoard currency
Is In great part responsible. Prices held
comparatively firm up to the close.
New York. Nov. 9.—Bqrtlett. Frazier A:
Carrington: Conditions-In .Germany arc .m
much a matter of concern on the conti
nent and lu England ns In the Ftiitcl
Htates In their continued gold demands.
The premium on currency here Is still
about 2 per cent, nnd additional gold Iw *
been engaged today, This leaves the to
tal amount engaged on this movement of
niHjut $50,000,000. about $21 <000.033 or tun lit re
ceived this week, hut Its beneficial effects
uot he apparent In today's bank state
ment. The New York. New Haven nnd
Hudson Is said to be contemplating an l<
sue of convertible bonds bearing Interest
at n high rate nnd for a long term. Tint
stock market was decidedly inactive to.
<lny, ami London would not be surprise-!
If Its bank rate was raised t» S per cent,
providing we keep ap our gold demand.
Our bunk statement represents nn ascend
ing average for the last week. and. the.<-
fore, shows the effect* of the derren«in;
average most. Next week’s stateinei.:
should,be quite different and lunch better.
LONDON STOCK MARKET.
8TOCK8—
)Op.H
Amtcondn
Amalgamated Copper
Atchison
do, preferred .. ..
Baltimore aud Ohio ,
. Chesapeake aud Ohio ..
• j Chicago and Great Western
Atlanta, Nov. 9.—Trade has been very dull ^Western .
this week In everything tu the produce line, ••,•* ••
with prices of nlf .commodities holding gen-1 ,nn , r *‘ r l,n if Orande .. .
prle
■rauy as quoted.
There Is a large stock of apples on the
do, preferred..
Erie
do, first preferred.. ..
.............. ,„ lirilP , do. second preferred..
xhoVlng "Mter color, ami M' 1 ?"'*
market and the price generally ranges from
$5 to $5.50 tor the standard varieties.
Or.inges nre showing better color, mm •.. ,
heavy receipts have brought the prices! nn ** re*ns,
!|if3*i-i^ 4
down, nnd same nre now selling at 93.25R I. Preferreil.. ..
3.75 per l»ox. according to the slxe. j LnilavlU* and Nashville •
Other fruits are lu steady demand at J i- <, *J‘ , , n , n * ; .V V
prices quoted. | Norfolk mid Western , ^
Irish (Ndatoes have declined from 5e to 8e il” r ,. rn , * . : \«. *
nor bushel, according to the stock, and ! * entral.• •• ■• •• ••
per bushel This 1 lork. Ontario and Western.. 3* 4 •>’ *
pcelpts of iH»tii M ■ I’^aiisylvanln H* »:*! ‘
sr sale I Philadelphia ami Reading .. ..!7»Si : >:
per bushel, necordlng to the stock, and
onions from $1.8 to $1.10 per tin
Is on account of heavy receipts
Cabltago* have been slow sale. , , ^ . ,
Other vegetables have remained un- *;”• ” r,,t IJ*’‘‘f‘ , rr r, » ,
changed this week. I _ preferred
Liberal offerings of storage eggs have held I " 0,, ;« e P* Hallway .
tlw- |irlw down on fr«h Trnnmnm- .look 1
front '.’G^e fo 25c, ^
. preferred.. ..
Southern I'aciile .. .
Live'poultry Is still n slow sale. Dressed | f.V. P*?! •• •• ••
stock moved well until the latter part of E ,, !? n . \J! c V* c j \
the week, and then ttecniuc slumpy on ac- Lnited States Steel.,
count of the warm weather. ; do. preferred.. ..
We took for a little change In the market i ''abash.,
generally next week. * “
-i
do. preferred
UNION SAVINGS BANK
Assets $280,000.00
Commercial (checking) and Savings Deposits Solicited.
Strong, Conservative and Experienced Management.
Under State Supervision.
4
e oupervi
PER CENT
On Savings Accounts
Late Hours Saturdays for Savings Depositors.
4
thlnl ^ ^
1 SiIOin'* 1 "("hui.-nblSI.?-"; f.urr. 11.75: £.i;' r K |: i&IS; ii iMitis i'TI fiSl K .uOnr nmrDllix In Okl.bnm*,’ InUUu
t iwuudfc. I1.5S brand. 11.5v. (2 JH/J-K. Tcrrltury and uurtliecti Ark.uaai. V.
brown t» w li« i
Atlanta National Bank
ATLANTA, GA.
C. E. CURRIER. Prexident. ’H. T. INMAN, Vlee-Pre»ldenL
GEO. R. DONOVAN,Cashier.
JAMES S. FLOYD, Afilstant Cashier.
Capital $500,000.00
Surplus and Undivided Profits $650,000.00
We Solicit Your Patronage.