Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, November 13, 1907, Image 13
THK ATLANTA GEORGIAN AND NEWS.
.fXDXESDAY, NOVEMBER IS, 1507.
18
r^TOS OPENED
Trading in Futures Was
Fairly Active at the
Start.
eased OFF SLIGHTLY
Later Recovered Sharply on
Covering and Some
Bull Support.
s>w York. Xo». 18.—Tr*da *t 111* opening
n . .h" local cotton market thU morning wee
f.lrlr icUee, but th.ra were no Important
.'haSea In prlcta. After tlio call the under-
““ (teadr for a time, the Hat being
... sew York Wedneaday morning, and
hiring the «ret half hour prh ea lagged off
la, 10 point!. At the decline ionic good
taring ordera made tholr appearance,
whleti. together with aome corerfng on the
flrmnaai of the apot lltuntlon. turned prleea
I .ward, the early loaa being noon recovered.
Trading during th* afternoon, na on
Tueaday, waa dull, but the undertone
wai eteady. Fluctuatlona were con-
lined within narrow limit*. The do**
wai ateady net 5 points higher to 2
nolnta lower.
Semi-weekly Interior movement:
1907. 1906. 1906.
Receipt* .... 84,268 151,862 134,571
Shipment . . . 85,762 128,512 110.081
stock. 296.266 863,722 424.589
(•onmaratlre port receipt!-
Saturday
Monday ...
Tiaaday ...
IVadneaday
"fotal for four day*
Total aluco Sopt. 1.
Eatlonted receipt!
NEWS AND GOSSIP
Of the Fleecy Staple.
m W85.054
M I, III ,1II 13,3341,773
TEurmfiiTflH
N>r Orleans
lUlVMtOU
Houston
1907' 1906.
16,000 to 18,000 17,966
13,000 to 15,000 24,395
7,000 to 7,500 9.907
9POT COTTON MARKET.
Liverpool, easier; middling 6.95.
Atlanta, steady; plMUu lOH.
New Orleans, steady; middling 1013-16.
New York, ateady; middling 10.80.
Savannah, steady; middling 10 6-16.
Augusta, steady; middling 10%.
Mobile, doll; middling 10 7-16.
charleston, steady; mladllnr 10*4.
Wilmington, steady; middling 10%.
Baltimore, nominal: middling 10%.
Boston, steady; middling 10.80.
Memphis, quiet; middling 1013-16.
Philadelphia, steady: middling 11.10.
Houston, quiet; middling 10%.
Norfolk, steady: middling 10 9-16.
Galveston, steady; middling 1015-16.
8t. Lome. quiet; middling 30%.
TO' * W PORT RECEIPTS.
The !• ic table shows receipts at tbs
torts 1 • . ij-ared with the same day
Stw Orleans.
Cilrestou. . .
Mobile
tar annab. . .
Charleston. . .
Wilmington. .
Norfolk. . . .
»w York. . .
Boston. .-.•*.
Philadelphia. .
Total .
1906.
2.144
3.804
4,927
• 21.025
20,243
1.249
8.912
IMS'
2.273
6.678
Special to The Georgian.
(From Hayward, Vick A Clark.)
,£!!Li. ork v, Nov :* M - B » ch « * Co.:
<lue *H©12 lower on near
«nd 134118% lower on late months. Open*
A. *°wer ou near and 10 lower on
late months. At 12:15 p. m.. was quiet,
* !®"® r °»> near and 8m% lower on late
months. Spot eotton In good demand 9
points lower; middling 5.86. Sales 10,000;
Amerlean 9,300; speculation and export 1,000;
imports la,000, Including 7,000 American.
Tenders,. Hew Mocket. 4.000 bales.
Strong Liverpool cables, bad weather and
light ro<*elpts induced some good scattering
buying early yesterday, but Wall street
houses supplied rho demand. Everybody
was Selling near the close, .with Wall street
Interests Teadbig. Liverpool Is inclined' to
ttdnk well of the market temporarily, anil
may not respond fully to our decline, but
the - tamper here is bearish and it Jooka to
booing, lower. Would sell It on all hard
The rbfusal of' farmers and planter* to
let go their cotton, even for part cash and
part payment In checks, in working against
n heavy movement at this time. We look
for n quiet rallying market, with small net
changes. .
Rents bid 9.99 for 6,000 January.
Cotton opened heavy. Commission houses
had small selling orders, with no support
from bull crowd. Undertone not good at
the moment.
On the hammering, around the opening
_Jg short
tact. Think it is a sah> on all bard spots.
We hear the surplus mill stocks from l'rov*
idence and Boston will be shipped he
delivery on December.
flood, Ernie A Co., Liverpool, cables ss
follows: “Can not believe the greatest
nation on earth Is In such a deplorable
condition as freely advertised by the hears.
The position of cotton on Its own merlta
Is very healthy.”*
There are rumors of settlement In De
cember. but we get no confirmation, and
doubt it; In fact, reports of firm >*t Mar
ket would seem to-indicate that position
strong as ever. There Is not much cotton
for sale In the ring, and may do some
better today, but continue to advise sale
on hard spots.
Following are the 11 n. m. blda:
eember 10.43; January 10.C5; March 10.10;
May 10.10.
New Orleans. Nov. 13.—Hayward, Vick A
(Mark: Weather man not complete, but
what there Is shows that the freeze spread
all over the cotton belt to Atlantic coast
districts. This eliminates all further growth
and crop estimates can now’ be moro re
liably made.
A large New York house wires that De
cember contracts are in such resolute bands
that settlement will only be by delivery
of the actual stuff.
M. D. Borden, of Fall River, states In
th*» press: "Compared with a fortnight
ago. one can detect a much better feeling
lu all lines of the dry goods business. I
believe the financial end will right Itself
before long, and I can not detect any
weakness and do not expect consumption to
fall off.,"
They aay not so much spot business to
day, but on Inqnrllng find that this Is due
to very little offering from the interior.
rash Is offered In trade. Half cash and
half checks Is about the best buyers can
Induce sellers to take. At the ports 3 per
use of Interior cotton buyers U not proving
much of a success, notwithstanding the
rather general belief of two weeks ago
that the buyer nble to command currency
would find auction block bargains awaiting
him. This condition of affairs Is traceable
to two distinct causes. The first, the
farmers* aversion to accepting anything
other than legn! tender: the second, the
Mouth's well-conditioned ability to await the
return of h normal money market In com
paratlvo comfort.**—Hayward. Vick A
Clark.
T335T
"Wl4
INTERIOR RECEIPTS.
. Total.
22.956 | 32.991
HAYWARD, VICK A CLARK'S
DAILY COTTON LETTER.
New Orleans, Nov. 13.—Liverpool about
conformed to our decline of yesterday,
■pot sales sr<> larger—total 10,0$). The se-
▼er*- slap dealt out by New York In the
last bourn yesterday about killed the last
"jil» nerve and the markets this morning
a Miked helpless. Opening 3 down, further
declines soon followed, and If it bad not
'•ecu that the largo discount of futures
under spot prices keeps bear* awaiting the
aeiiression might bare progressed more rap-
Hfy As it Js, there la a split In bear
ranks Itself, and aome bears cover on dip#
•nd thereby support the market probably
umll the time that November export re
•juiremsnte are filled, and apota come down
" r rumor* arrive of sottlemcuts In the He
••ember deal. In this respect a Inrg4* house
ln lork wired that December commit
ments there are iu resolute hands and will
1?. L ** **ttled by actual delivery of the
•niff This news Induced fresh covering
sdvanced 10 points from the
"Peulug figures. From time to lime, bow-
“ " there came on the market a '
batch of selling
NAVAL STORES.
ntwiii firm; sales 3.575; receipts 4.165; win
dow glass 16.25: water white 16.15; N $5.80
dow glass $0.2u: v
M 15.10: K 14.70;
23.2008.26: F
B A $3.l5(fij 8.20.
1.70: I $3.75: II $3.25<ff3.40: G
23.20fT3.30; E $3.16fi3.25; D C
ATLANTA MARKETS.
FRUIT AND PRODUCE.
EGGS— Dull. Sk’.
LIVE POULTRY—liana dull, 40 conta;
chicken.. frlM. Z34@80c. Duck.. I’-kln. *jc
.ark: puddle, SOc eacli. Turkajra actlire, 15.
**DI^ES8ED POULTRY—Turkey#, drawn,
aetire, 20c ponnd; frl.a actlr., 20C22ttc Ik.-
kena, 16c pound; ducka, drawn, fancy, lit
pound.
PRODUCE—Lard, lfc pound; kama aetire,
14e pound; ikonldiT! entire, lOQMc pound;
aldee active, lie |tound; butter, 18024c per
brlabt) netire, 15c pound,
FllUITS AND NUTS—nitron, 20e pound;
164c pound ‘
1314c pound;
«. 124- lb.
■cl. 17Hc lb.
elmniide, 14’
Fllberte, 13'/. ,
lb. l*ocnti«, 124c lb. Lemon peel, 1J4c Ih.
Oreu*e peel, 174c Ik. I.emona, fancy Mea
aena. W.76fi4.on; bannnae, 84c lb.; limn.,
Florida .took, 5"n 100. Peanut* In aanka over
hung 100 pound, cark, owing to grnrft.
(P.flSc per pound. Horlda .rang.., 12.60;
dried ipnlcii, i:«lJ4c: dried peonhee. 14Uo.
FIc*. 11.26 box. Datee, ldb. pack***, 74c. I..
I. Ralalna. $2.00 box. Grape.,jToncond. 6-
pound bucket, 29c; Niagara, 224c; Dcla-
ware, 25c. Malaga per keg I'.OOCe.M Ap
ples. Virginia. FToO; Now York. I6.M«6.«).
VEGETABLES—rotetoea per bu.hcl 11.00.
tweet potatoes, «0<890r. Onions. 81.1# bunk;
Spanish, 11.SO nretc; kraut 4 barral. S3.71:
llanltb. 1V4. uelery, OOflOOc a hunch; per
crate, 0 to 64 doien. 14.75 Caulldowar. M
124c pound. Lettuce, 12.2502.60 per crate.
Turnips. 14c pouud. Florida scuisk, 82.0J
crate: Florida beans. 11.60 crate; Florida
cucumbert, 12.60 crate.
GROCERIES.
RICE—I»P. 64 cente: bead. I«7e; fancy
kesd. 74n4c, according to tke grade
t'HERSE—Fancy full cream, H4c; Georgia
cane eyrnp, 8Sc gallon; ealr, 100 ponnda, 60c;
• sle gratae. »1.7f; aale creekere. 64c pound:
lemon, te: oyeter. Tc: barrel cendy, per
■ -or I iwnnde. «4c: tnnie.
etec; 6 pound!. 12.21;
Lima beans. 7c; best
ostchcs per gross. 11.66: tnsctronl
Edited by
Joseph B. Lively.
MARKETS
Ur. Lively's twenty-five
years' experience of ed
iting markets In Atlanta
sod the South has made
him a recognized au
thority In his specialty.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
NAME OF STOCK.
Amat. copper.
Am. Ice Securities
do. preferred
Am. Car Fonuary. . . . . .
American Cottoa OIL ....
Anaconda
Atchison
do. preferred
Atlantic C. Line
Brooklyn Rapid T. • . • • •
Baltimore X Ohio
Cheaapeako & Ohio
Canadian Pacific.
Colorado
Corn Produce.
Colorado Southern. ..
Delaware 4$t Hudson. .
Denver k Rio Grande.
Distillers* Securities..
Brie
do. preferred. . . .
General Electric. . . .
Great Weetern. ....
Great Northern pfd. .
Illinois Central. ....
Interboro. .
_ do. preferred. . • .
Kansas A Texas. . • .
n
26*
-46«r«
iSS
!5»
NAME OF STOCK.
Kaiibtts X Texas pfd. .
Louisville A Naahvlllt.
Missouri Ptcifle. . . .
Mexican Central. . . . ,
New York Central. . . ,
Northwestern
National Lead. . . . . ,
Norfolk & Western. .. ,
Northern Pacific. . . . ,
Ontario A Western. . . .
Pennsylvania
Rock island
do. preferred. . . . ,
Republic Iron A Steel. ,
do. preferred
Southern Pacific. . . . ,
Southern Railway. . . ,
Tenn. Coal A Iron. ,
Texts Pacific
Union Pacific
U. S. Rubber
do. preferred. . .
U. b'. Steel.
do. preferred. . .
Western Union. . . ,
Wabash. .......
do. preferred. . ,
Wisconsin Central. ,
do. preferred. . <
l U
NEW YORK.
Closed steady.
LIVERPOOL.
2 n. m. and close, compared with yesterday:
Futures openeft quiet and ateady.
Opening Previous
Range. 2 p. m. Close. Close.
November..*. fi.pH4.60 " * ~ “
Nov.-Dee 6.65
Dec.-Jan.... 5.54 4.54
Jan.-Feb 5.56 -5.66(
Feb.-March.. 5.55 4.56
March-Aprll.. 5.55
April-May.... 6.55
JunaJuV- S-lf&L?* 6-674 5.68v{ lies
July-August,
Closed steady.
5.54« 5.65 5.64*4
5.64V* 5.55 5.64
5.55% 5.56 5.64
6.56 6.57 5.64
5.56% 6.57% 5.65
5.55 5.5S 5.66
5.66 5.58 5.64
NEW
Following 1* th
New Orleana tod
ORLEANS. •
e rang* In cotton future* Id
t
s
i
o
a
fiov.. . . ,
Deo
Jan
Feb
March. . .
April. . . .
May. . . .
June. . . .
July. . . .
1*o!26
10.18
10.22
*10.27
10.14
ib’.&lia&liatt
10.28 10.18110.27
iau ioiifi ibiss
i0.36|ibl34iibl36
10.46
10.36- 37
iaiF’ff
10.29-30
10.31-32
10.33-34
10.87-38
10.36- 40
10.4t*44
10.40
10.30-81
10.22- 23
10.23- 25
10.26- 27
10.27- 29
10.32-33
10.8344
10.89-40
Closed steady.
NOTES ON GRAIN
Pointers on Provisions.
pound. 6Hc; nlssd. net
Iota. 2 pound a. 1106 . - . , ,
nary bean*, 12 70; I.luri beana, 7c; beat
per groee. 11.41: meegrenl. <4®7e
r-tlnp*. mnelarrt tl.Fl ceee.
SUGAR—Siaurtanl gr.nulatocl 88.15; New
York relluod. 44: plantation. 44<\
COFKKK-RoeVtAl. Artmeklee. 811*: bulk
'« bag. end barrell.Jb;; grata. 111712c.
Shredded hleenlt. 8I.«> eaee: No. t rolled
oita. (125 raaa; aaek grlra. 94-pooad baga,
12: nearer., full weight. 17 3 jaae: pepper.
talmon. 84.86 ctet:
■elmon. 86 rate: ping aalmon._84.id ctaa:
.oona. 45r: eborolafw 4.T-V': ennff. Lib Jara.
Ite; roaat beef. 12 60 dro: alnr8 ^New_Or
•»eel. TU* snllon:
snllon: pote«l
Sf " T.v #t NMy some large bear opera
?/• *»th the Idea of breaking the whole
'it in order to get December futures down
Tkl spots tJ a dellveyr point.
ni **'9*I i» qnlet but hardly lower,
brokers say there is not the same
®*pand of the psst few days; other*
Lft'J this la merely due to offerings
vfi T 9»lte restricted from the Interior.
•Vw York, Nov. 18.^1. 8. Baehe A Co.:
YA* ^ to the cotton
in/- oiornlng, although Llvero**! did
,B *°w as do* on the close of
h * trader* and
in*y Ut o. r, ‘ J nter osts Itrought declines rang-
\ L tv T 8 ,0 7 The December op-
2JI* however, declined over 10 points,
i.f ‘mI‘nwtalntr of the ultimate success
December deal bald trading in
Th * cotton market seems to be
’ n ,V nf on a pivot. No bull speeuintlon
cl, Q u « dealings, while nri»-
m°2hL * re wdnctwit to buck against
L lr «« combination. The spot dc-
»r# In 0 # y T,r Po°l keep* up, and the sales
Somi.2 volume. The steadiness of
*P°/, n»srkets Is a reflection «f
SLWtfii.T'ia! ’»»»£«*,&va* »•
r k'.rk.t far any l.ngth of tluio.. -ni^S:?5:„.pring v wbMt paronb 8* a ; _ ti
° LD 2 UARD COWED;
V_ THE talent is one-sided.
-rat 7JS5SS Not. la.—TIi Imoa Damo.
•low , u rf7? , !£?. n ln . "P" "°® '» «
r uP*st. and ye »y*s cotton
kaoifL 4 ?5£ Mt ™.“ a f< Wall atroat.
to brlnf it ItR? Presuni in an effort
ii ““txld. *«U«r- roidwl tb. rings
tssM^VSSfSSl u l^tp de-llne l>elD( the
t&r* mlJS 0 J** buU •“»» been cowed
%!(JSS S* 1 }?. ■O'* the talent Is one-
•bmel ta the Interior tbe
,fc s refn«Ii a !i5 *■ oridenced by
««anJmSfSV °/ oHglnal holders to make
- sstons of ronse‘it!>»in f . where real
Special to The Georgian. -
<From Hayward, Mck A Clark.)
Chicago, Nov. 13.—Bartlett, Frtsler A Car*
rington: It looks very much as though we
had seen the low prices on grain In this
market, and if financial matters would
only enso up we undoubtedly would sec
higher prices.
The receipts of coarse grains are very
light, and while the demand for corri at
the moment is not good, the demand for
oats In improving. The consuming trade
cast has been reducing Its stock during
thsese financial stresses, and It will not
bo long before they will l»e free and will
ing buyers. ..
Chicago Itecord-Herahl: All eonalderttion
of the wheat situation at present Is neces
sarily conditioned on the financial outlook.
From n strictly merchandising standpoint
on it supply and demand basis the wheat
position is sound. There Is little Indication
that there will bo any surplus carried over
from the world's crops this year, and most
of the world's best authorities figure out a
deficit which It has been popularly pre
sumed would have to be adjusted ny an
elevation of prices. The Introduction of
the financial element—necessarily vitab-to
the situation makes the price level at which
wheat will go Into consumption even more
to run on present stocks until the arrival
of the Argentine wheat crop, which I* now
nearing harvest and which will be available
lu the Importing countries by March 1 at
least.
There Is quite n quantity of wheat run
nlug from America and other countries
that will go to supplement the wheat stocks
now avallsble In tne large Importing coun
tries. A cessation of tbe foreign demand
for wheat at this tlrao would be unfortu
nate, as It is the most promising means
of bringing about a flow of gold In this
direction, thus restoring the usual financial
equilibrium and getting the eufrency Intc
the ordinary chaunels from which it is nen
being persistently withheld.
At to whent, however, the money trou
Wee are potent. There has been much long
corn liquidated by local speculators during
the last week, who under ordinary condi
tions are strong enougV ro hold their prop
erty through all sorts of attacks. The**
were unwilling to face unknown possibili
ties last week and generally marketed their
property. The eastern demand for corn is
restricted by the money situation, but thers
are Indiratlous of a possible revival aoon
of the export trade.
COTTON SEED OIL MARKET.
MARKET FOR CEREALS
STRONGJND HIGHER
During the Early Trading
Wheat Showed Advance
of About 1 l-2c.
ST. LOUIS CASH QUOTATIONS.
Wheat—No. 2 red winter 96 6
Corn—No. 2 58V4
Oats—No. 2 45
Atlanta Oil Marksti.
The following quotations are based on ac
tual transactions: Prime crude, f. o, b
mills. November 22%ff23; December 2SV4;
January 24.
rotten 22V4c: snap, $1.50414.00 case.
DANDY—Ktlek. assorted 6V4c pound; atje*
isKortrJ. eV pound: fancy assorted, palls
rbocplste drobs, palls, 12%c; Rlk, se
-■- hoxt. 85.59.
FLOUR AND GRAIN.
Fr.nnjJ-nirtMt *i 6 i ; •wft r*J'
rORN-No. 2 whit., M*: Chnlit whit., 84c.
Mixed. 859. i'ri'k"l rorn. lDO-pound tick,
''CHICKEN FEED—Flfty-poanff tick.. 81;
—.H., cM.fc 7t*L 81.96.
OATS-Xo. 2 Wlitt.. «<•: No. 5 mixed, 80c;
GnM.n <,.'!■ 86c: —lilt, cllppirf. 87c.
MEAI^-Ulal". 96-ponnd «*cki. 8
pmml ;*ck.. 86c; plain. 21-poun.l aacka, 83c;
81.3:
. on.
bain.
IIAV-TImolbT. rholc laro. (-tea.
do" choice aniall halt., 11.16;. No. L
third bolta. 81.15: No. 2, one-third I
"shorts—Choic* while. 81.76; Inner, 81.75;
brown <75 to 100 pound.). 81j® tirnnd, 11.50.
COTTON SEED MEAl^Prtm. per ton.
HAYWl N, VICK & CLARK,
COTTON, STOCKS, k> 3, COFFEE, GRAIN AND PROVISION*
Carond.l.t and Gravicr St*. New Orleant.
MEMBERS: _ . . . .
Naw Orleans Future Brokers Asaoclatlon,
New OrlMD!I and Chlcaxo Hoard, of Trad.,
Stw York Coffee Exchanfft. _
in ?!i?M Ootan Cxchtnie,
**"•» Cotton Slrtttift’ Aaaoctato Mo»b«r» Wronmol Cotton Aay*.
Now York and ChlcafO Corrropoadantn:
A ». EACHE 4. CO. A74D BARTLETT, FRAZIER 4 CARRINOTON,
BUIVATC WIRES TO ALL POINTS
|28.00; No 2 por too, 824.00; boll* per ton,
PROVISIONS.
PROVISIONS—Premium hamo, 16c: hoi-
Ilea, MS pound; areraf., 10c; fat Mcka,
1.01? Surer Leaf lard; 104; Jewell eom-
»qnd, P,. California ham., 94. Ex-rlbo,
r mni
oo.
SAGGING AND TIES.
BAGGING—14 lb., 104e; 2 lb.. 114c; 24
lb.. 124c; re-rolled (aoeona hand). 74c.
TIES—New, 81-174 hunch; oecond-band,
* no«Un cthl.^from Broomhall'i agent
FISH—Bream. 7c pound: mapper, 9c 1
Chicago, Nor. 12.—Wheat opened about lc
up. The report that Kuaala la considering
the advlmhllltr of prohlldtlng wheat ex-
porta la the feature here anil In London.
Tho market sold off allghtlf after tho open
ing.
Clo.lng prices allowed advances of
S-4!$'8*8c In wheat; 1-8TT3-S in corn
and 3-806-80 In oat* and 10@22 l-2c
ln provision*.
WEATHER REPORT.
WEATHER CONDITIONS.
The disturbance that was In the southeast
has moved out to tea. but ltd Influence la
•till felt along the aouth Atlantic const,
where the weather continues cloudy and
raluK have been general In the last 24
hour*. Bain waa falling this morning at
JaekHonvIlle, Wilmington and Norfolk. The
uorthweaterti high ares ban moved aouth
to central this morning lu Lonltlana and
eaatern Texas. Its advance ha* caused
••older weather over the eaatern half of
the south and the line of freeling temper
ature reaches south Into central MisHlsslppI,
Louisiana and Texas, and killing froat oc-
cur red at Meridian, Montgomery and at
Palestine. An area of low pressure has
developed In the uorthern lake region and
Is causing higher temperatures In the Da
kotas, Minnesota and Montana.
The eastward movement of the high area
will canse fair and continued cold weather
Amalgai
Atchlsoi
do, preferred ..
Baltimore and Ohio
Chesapeake and Ohio
Chicago and Great Western..
Canadian Pacific
Denver and Rio Grande
do, preferred .. ..
Erie
quite so cold Thurs&y'affe'rnooo^and'nlghL Jj» «rre*’«i
Minimum and Maximum Temperature* Kansaa an^Texas''..
TIPS FLASHED
From Wall Street.
Special to The Georgian.
(From Hayward, Vick A Clark.)
New York, Nov. 13.—J. 8. Bncbe A Co.:
American stock* In London -Irregular. New
York Central up 74, Pennsylvania %, United
States Steel preferred %, Baltimore nnd
Ohio % lower. Southern Pacific %, and
Atchison %. The bslance of the list show
fractional Irregularities.
The heavy selling of American Smelters
was the feature of yesterday's market, and
had somewhat of an unsettling effect on the
list. The Smelters officials claim that the
dividend question on stock has not even
been discussed and deny stories of shutting
down.
The- railroad list showed some resistance
toward the close, and stocks, such as Union
Pacific, Reading. Pennsylvania and New
York Central, were well supported.
Tho Harrltuan case comes up today and
something of Interest la expected to de
velop.
The interior demand for currency was
verv large yesterday, nnd this probably
had some effect on market. Heavy gold
arrival* should ease tbe sltuatlou today.
Look for quieter market and some recov
ery toward close.
Not ranch feature as yet. Some liquida
tion In Bmeltera with light trading In other
stocks.
There Is little for sale and spot Interests
market nnd It Ih beading lower.
Ackerman A Coles arc bidding 1% per
cent for the next dividend on 25,000 scares
of American Smelting anil Refining common
stock.
It Is understood that the head of Smelt
ing nnd Refining Company told a friend last
night that the next dividend on the com
pany's stock would be unchanged from Un
to unsettle confidence again In the whole
list. Tho^ copper metal sltuatlou Is ns laid
as ever. *x»twithstanding recent efforts to
make It appear that a turn bad come in
the copper trade. We remain bearish on
copper metal, and do not lielleve It will
be a great while before sales aronnd the
10c level are recorded. The passing of div
idends by a rather uniniportaut producer
Of copper la only auother straw which Indi
cates that further reductions must be
made In tbe payments to stockholders of
the principal copper mining companies, and
perhaps smelting concerns, though It should
* J y of thr ~ —
t f
ustiiai situations, both here and
abroad, are decidedly unfavorable, and we
see nothing In the way of considerably
lower prices all around. Those sticks which
lately have appeared strong will be under
greatest pressure, especially l.’ulon I’nclflc,
Heading end Kt. Haul.
We regard both wheat and cotton ns sales
i all tne rallies for turns.
MOt4EY AND EXCHANGE.
N'.w York. Nov. 18.—Monty on call
5612. Time loans, none.
Posted rates: Sterling exchange,
84.796004.87: with actual business In
hunkers' hills at 4.86 8-4 for demand
and 4.771-2 for 60-day bills.
Prime mercantile puper unchanged.
London bar silver 2711-16d.
New York bar silver 58 1-2c.
Mexican dollar* 46 1-2.
STOCKS HEAVILY
SOIMOPENING
Possible Developments in
the United States Court
Caused Uneasiness.
UNION PACIFIC HEAVY.
Smelters Made New Low
Record and Reading
Started Lower.
LONDON STOCK MARKET.
STOCKS—
CHICAGO GRAIN MARKET.
Chicago grain and provision quotation*
for today are aa follows, compared with
yssterday’a close;
WHEAT-
Deo 93%
May 102%
975
uly s
CORN-
Dec 55H
May 66%
Dec 47%
May 50
July 45%
DORK—
Jan... 12.77% 13.20
May... 13.12% 13. W
LARD-
Jnn... $.00 8.20
W™ 8 - 12 '
Jan... 6.10
May... 7.07%
High.
Low,
Close.
96%
9«%
96%
104
98%
56%
54
55%
57
65 •
66%
56%
5»%
50%
47%
45%
47%
50%
40
s
60%
46
SS
12.77% 13.12% 12.90
13.12% 13.47% 18.25
and Rainfall.
’(Max!) Min.
1.15 % 8.02%
7.05
THE LIVE 8TOCK MARKET.
mHPPHHMRSi*aiiDt H.(oga,w; miiM
$4.9065.40f heavy $4,751(5.35; rough $4.75-04.90
0B^|fl|i||MMk*rs $1,166$.
Market 5610c lower
$4.80©5.40; heavy $4.1»-uu.j
hog* $4ff4.fi5; yorkern $5.1
Cattle—Receipts 20.000. ^Market weak to
10c lower: beeves $3.2506.60: cows $1.1504.25;
calves $5.5007A0; Texas steer* $3.2W; west
ern cattle $X25; stockera and feeder* $3,250
4.75.
.jbeep—Receipt* 20,000. Market steady to
a shade lower; natives $205; western $205;
yearlings $4.7506.40; lambs $4ft6.26; western
$♦80.20. :
LIVERPOOL GRAIN MARKE1.
Wh.it optned 4CS higher .ml at 1:80
p. in, T ,CM higher. iToiaiT 144114 higher.
Com opened 4#*i lower und «l 1:80 p.
m. 4 lower. Cloned imcbengfol to 4 higher.
CHICAGO CAR LOTS.
Th. receipt! of grain la car lot! todly and
eitlm.trd receipt! for Umorrow art .• fol
low!:
THE SUGAR MARKET.
ponnd; mixeu o;o. -wic pouno; rreia wntrt
trout. l«c ponnd; mullet per barrel, 89.(90
1.60. • #
Edward P. Buchanan.
Lewi* G. Young.
A. 0. BROWN & CO.,
BANKER8 and BROKERS.
30 Broad Streft, New York.
Member* New York Stock Exchange
New York Cotton Exchange, Chlc4o
Board of Trade, Cleveland stock Ex-
change.
35 Branch Office*, Including
Waldorf-AMorta Hotel. New Plain Ho
tel, 11 iv.ll !5th St, Flatiron Bldg,
Marie Antlonetto Hotel, i Bait 44th St,
NEW YORK.
Atlantic City, N. J, Chicago, Cincinna
ti, Detroit. Toronto, Can, Buffalo,
Cleveland, Waahlngton, D. C.
Every fudllty for prompt execution
of orders on all exchange*.
— — .IBM
r of 4.65<* not, loaa i i .
oont for oeah. Tho American Sugar Re
fining Company and other refiner* have not
- — * made any change in their quotations.
.. - expected In *4ime quarters that tbe
larger refiners will reduce their selling
privet Iti tbe near futnre. Tbo local raw
sugar market today waa steady. London
beet auger market waa \ higher for No-
vein her and December at 9s 4%d and Is 5%d,
respectively.
MINING 8TOCK8.
Boston, Nov. 1A—Greene-Cananea 5%;
*2%; Copper Ra “
ng preferred 3b.
THE COFFEE MARKET.
ATLANTA. .
Abilene. . . .
Amarillo. . . .
Asheville. . .
Augusta. . . .
Birmingham.
Bismarck. . .
Boston. . . .
Buffalo. . . .
Charleston. .
Charlotte. . .
Chicago. . . .
Cincinnati. .
Davenport. .
I lodge
Kl Paso. . . .
Fort Hinltli. .
Havre
Huron. . . .
Jacksonville. ,
Jupiter. . . .
Kuqsus City,
Key West. .
Knoxville. . .
Macon. . . .
Miles City. . .
Mobile
Montgomery. .
Nashville. . . ,
New Orleans. .
New York. . .
Norfolk. . . .
North Platte. ,
Omaha
Palestine. . , .
Pittsburg. . .
Portland, Me. .
Portland, Ore.
Ht. I/ml*. . .
St. Paul. . . .
San Francisco.
Savannah. . . .
Spokane. . . . .
Tampa. . . .
? hotnasvUIe. . .
ickahurg. . .
Washington. . ,
Wilmington.
do.
Loulsvil
Rain Mexican Central .. ..
Norfolk and Weatern
Northern Pacific
New York Central
'lvaiMf
ies
January ..
February .
March .. .
«- : v.
Jon*
July .. ..
August .. .
Septemln-r
October ..
Novel
Opening
Range.
S.554J9
5.5«.f>
3.70-5,76
3.W4A5
3.304,90
3.854.90
3.904JS
3.964.60
5.9A4.65
6.2»4,4e t
Sales 26,250 tags.
Close
5.55 5.56
5.604.65
5.704.75
6.754»
5.854.90
5.90 5.95
6.904.96
5.964.00
6,004.05
5.354.40
5.404.65
WEATHER FORECAST.
Washington, Nov. 13^-Weather conditions
nnd general forecast:
The disturbance off the Atlantic coast lias
practically disappeared and the weather has
cleared, except on the Immediate coast. Iu
the Interior of tbe country the weather waa
generally fair.
Temperatures are low for the seaOou ex
cept lu Montana, and are very low In the
gulf atatea, tbo Hue of freeling temperature
extending almoat to tbe coast.
Tin? weather will be fair tonight and to
morrow In the oust aud south, with freez
ing temperature lu tbe east gulf aud south
Atlantic atatea, except eastern Florida,
where, however, there will lie froat down
through th# central portion.
Storm warnlnga are displayed on th*
Great Lakes except Chicago, Milwaukee
and Duluth section.
Forecast until 8 i». m. Thursday:
Virginia—Fair tonight and Thursday; Ugh
temperatures. Thursday fair* fresh north
westerly winds.
South carolina-Falr and colder tonight;
freezing temperature; Thursday fair; fresh
northwest to north winds.
Georgia—Fair tonight; colder In eaatern
nnd southern portions; heety froat In tb«-
southeast; freezing temperature lu northern
aud western portions; Thursday fair; light
to fresh northerly winds.
Kastern Florida—Fair and colder tonight
much colder lu S4>uthern portion; beav)
frost in northern portion, possibly freeslnc
* mpernture In interior of the nnrthwc*
•rtlou; light frost In central portion; fair
slightly warmer; light to fresh northerly
utu cbiix loisxgax, vur. freezing Tempera
ture; Thursday fair and slightly warmer:
light northerly winds, becoming variable,
aud Thursday.
Itoulsiana—Fair tonight; Thursday fair
and warmer; light northerly winds on the
coast; frost to the coast, with tempera
tore* 23 to 32 degree* in the sugar region
Thursday morning.
Ti-xn*. Oklahoma, Indian Territory am'
Arkausas— Fair and warmer tonight am
Thursday; light east to south winds on the
'Texas coaat.
Pennsylvania.. .. .. ,, ..
Philadelphia nnd Reading .
do, first preferred .. ..
do, second preferred ..
Rock Island
Southern Hallway
do, preferred
Southern Pacific
St. Paul
Union Pacific
United States Steel .. ..
do, preferred .. .. ..
Wabash
do, preferred
88®*
74 4
'St
*9» ’ .99' j wT
possible devei
court today, where E. II. Harrlnmn was
scheduled to answer curtain questions re
garding Union Pacific railroad deals, cause*!
heavy Helling of speculative stocks In Wall
street today. At the very opening of the
market. Union Pacific. Reading, Smelters
and Amalgamated were heavy, Smelters
winking a now low record,- The next divi
dend on Mineitcrs was offered at 1% per
cent. Tlio Idd on It was raised Imme
diately to 1%. Trading waa on a Tery
light scale. In London prices Improved after
the opening of reassuring pew* from the
confluent. Of the lisd Influences, the Ins-
pension 4>f a large drug company waa mo*c
talked about. 1
Wheat was n 4-ent n bushel higher and
cotton was practically unchanged.
On the 4-urb there was no business of
Importance and prices yielded slightly.
By midday the innrkt* bad bef'ome dull,
but rallied a little from tbe low* point of
the forenoon. The volume of business fell
off steadily ami was 3d per cent behind
that of tlj4» previous day. Traders were
bearish, but admitted that there did not
seem to Ih> a great deni of stock lu tha
market, fine of the most active of the bear
houses In New street was one of tbe first
to let Union Pacific alone and sell th*
rest of the list on any rally.
Closing bids follow:
Railway Stocks.
Atchinon
do pref... . »
Baltimore and Ohio.
Canadian Pacific ...
Chicagon and Northwestern..
Colorado Southerns
Denver und Rio Orande...
Erie .. ..
Illinois Central
Manhattan “L”
... 82 7-*
.. 80
..142 1-8
..1301-8
... 177-1
... 19
.. 171-8
...122 1-2
...109
Missouri Pacific.
R4 6-8
New York Central
97 3-4
Pennnylvnnla
108 l-U
Reading
70 8-4
Rock Inland
13 1-il
do preferred
34 1-3
St. Paul...
100 7-8
Southern Pacific... ...
87 7-8
Southern Railway
... 13 1-8
Union Pacific
.. ..HO 8-4
do pref
80
Wisconsin Central
12 8-4
Great Northern
.. ...113 1-4
Miscellaneous.
Amalgamated Copper .. .. .. .. 47
American Car and Foundry .. .. 26
American Locomotive 38 1
American Cotton Oil 24
American Hmeltlng and Refining 62
do. preferred
Brooklyn Rapid Transit .. .
Colorado Fuel and Iron .. .
International Paper
National Lead
People'n Gaa .. ....... .. ,
Prasad Htoel Car.. ..
Pullman Palace Car
SlosM-Bheflield Steel
Sugar
United Bfates Steel •••,.«
do. preferred
Western Union
Mackey Companies
do. preferred
Vlrglnla-Carollna chemical,
do. preferred
.. 31
.. 16
.. 81-4
.. 351-4
.. 75
..18
..188 1-8
.. 88
..104 1-4
.. 23 7-$
.. 83 1-2
.. 64 1-2
.. 48
90
GEORGIA RAILWAY
e.ND ELECTRIC CO.
Huston. Nor 13.—Following was tbe bid
mid ssked price on Georgia. Hallway ant
Electric Company today: Bid 74; preferred,
no market. f
THE AMERICAN AUDIT COMPANY
Home Office, 100 Broadway, New York City.
F. W. LAFRENTZ, 0. P. A., President
C. E, M.m.arlng, Vlo* Pr.tld.nl, Thto. Coehau, Jr., C. P. A„ Sro, and Tri.fc
BRANCHES
ATLANTA—Fourth N»t1 Bank Bli*
CHICAGO—Marquett! Building.
DHILADELI TA—Bell, vu.'fltrxt ford.
BAN F .ANCISCO—Eeld.n Building.
VEW YORK—Waldorf-Astorl*.
HOSTON—Exchanga Building.
WASHINGTON—Colorado Building
NEW ORLEANS—H.nntn Building
BALTIMORE—Fidelity Building.
LONDON. ENOLAND—4 King Street Cheepatda. !
ATLANTA BRANCH 101S-1S Fourth National Bank Building.
C. B. BID WELL. Resident Manager.
r.l.phona. Main 872L Cable Ad dr .ax, AmdlL N. Y.
UNION SAVINGS BANK
Assets $250,000.00
Commercial-(checking) and Savings Deposits Solicited.
Strong, Conservative and Experienced Management.
4 Under State Supervision. A
PER CENT /■
On Savings Accounts ■
Late Hours Saturdays for Savings Depositors.
«i. ATKiBBun, vice-rrvKiaenu iuumar c. cnwiN, Ca*Bt«r.
40BEPR A. M'COBD, Vln-rmldtlt. U. W. UYEkS. Aulataat Cutla.
Third National Bank
Capital .... $200,000.00
Surplus and Profits $400,000.00
dr. a. w. caliioun.
MILTON DA EG AN,
JOHN W. GRANT.
II. Y. U'CORD.
a. u. AtAiniDin,
JOSKPt! A. M’C’ORD,
J. D. NUNNALLT.
J. CARROLL I'AYNR
E. D. ROSSER.
DAVID WOODWARD.
SPRINGS & CO.
STOCKS. GRAIN AND PROVISION 8
36 Cottoa Exchange, New York,
V*w York Cotton Exchange.
New Orleans Cotton Exchange,
Liverpool Cotton Association,
MEMBERS;
New York Coffe* Ktehange,
New York ITodnee nrhang*,
... i bint go Botnl of Trade.
B. C. COTHRAN. New O rlean. R.or.,.ntatlva