Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, November 18, 1907, Image 11

Below is the OCR text representation for this newspapers page.

THE ATLANTA GEORGIAN AND NEWS. 1..1UAT. NOVEMBER IK ■bhhi II SHORTS NERVOUSi B00STE0 PRICES Government Action Reliev ing the Financial Situa tion the Factor. WIRE HOUSES BOUGHT Liverpool Opened Weak, But Finned Up and Closed Higher. Sew York, Nov. 18.—Pessimistic nontl- mput was reflected In the course of cotton prices of last week. The decline was not as •ensatlonal ns the selling tendency nor held In check by the strength of tho De- cember position, and the extremely small movement of cotton. Probably the financial situation is the dom lasnt feature, and granting that It is any thing but favorable to higher prices the stringency of money nevertheless works both ways. In that on the one liand It dis courages speculation while on the other It prohibits the usual amount of business lu actual cotton, thus resulting In a statistical position that neutralizes the effect of tight monev and prospective curtailment of cot ton consumption iu this country. Commission business has suffered severely during the last several weeks not only be cause of the growing dislike for the bull side hut more because of strong protective meas ures adopted by exchange houaea. Traders in most case* are aiked to de posit what looks to them like prohibitive margins. Some houses are actually discour- Hglug new business, and the rather unusual practice of demanding original margins be tween concerns, no matter whether mem bers of the clearing house or not, is an other strong Influence against large trans actions. NEWS AND GOSSIP Of the Fleeoy Staple. Special to The Georgian. (From Hayward, Vick & Clark.) New York, Not. 18.-J. Dacha & Co.: Liverpool cables due about points lower. Open * tn. steady net 3 to 4 points lower. cotton In good demand 6 points lower: inf<1 > dllng, 5.75; gales, 10,000; American, 9,300; Iu response to the government action la relieving the financial situation, the cotton market opened Monday firm and 6 to 10 olnts higher. There was a good deal of uvlng by wire houses, cables showing poj DC in the market as well as ■ 1 from foreigners. The market nt Liverpool early was weak owing to American and continental selling, but later turned strong on the announcement of the government’* relief measures. After the call shorts were heavy purchasers, causing a further ad vance, on which the near positions regained their normal relation to later months. The future market was firm. After numerous- fluctuations during the later trading the market closed very steady net 23 to 27 points higher as compared with Saturday’s Anal figures. 1907. 1900. Saturday Monday 47,721 68,331 SSlT 57,846 Total'for two day* Total alnce Sept 1 110.&2 2,740.350 "385 Kstiamted receipts Tuesday ifcr. New Orleans 19,000 to 22,000 Galveston 17,000 to 19,000 Houston 16,000 to 18,000 1906. 22.960 63,141 20,493 SPOT COTTON MARKET. Liverpool, easier: middling 6.75. CIliBri lUIUUMMJP Atlanta, easy; mlddUng 10»*c. riMM | * lidiiiu New Orleans, steady; mldd .. B .w- Savannah, quiet; middling 10 5-16. Augusta, quiet; middling 10 9-16. MoDlle, dull; middling 105-16. charleston, steady: middling 10Uc. Baltimore, nominal; middling. lttta.' J Wilmington, steady; middling. I0%c. Boston, steady; middling 1040. Memphis, quiet; middling 101146. I’hllsdelphla, shtcady; middling 11.06. Houston, staady; middling lOli-16. Norfolk, steady; middling I0*;c. Galveston, steady; middling lie. Ht. Louis, steady; middling 1012-16. ***"“•• *•?, anics, iu.uuu; American, speculation and export, 500; Imports. 29,i including 25,400 American. ,• Liverpool sends lower quotations. The sales, however, abroad keep up. The sit uation In cotton seems to Indicate lower prices. The hull crowd on December are fighting against a stone wall, against cur tailment in New England and Southern mills. \\o favor selling side on bulges. Heavy short covering going on here. Cone about 5.000 March. Mitchell, Hcutx, lluttou and Wiggins continue heavy buyers. Covering by Wall street and scattered snorts on stronger Liverpool and bettor stock market. May bo rushed up a bit, but would sell It on any further advance, ns this spurt Is more sentimental than other wise, and a bad situation can not be cured in a day. Price° rte< * h<?re that Henta buying is for W’ail street houses have bought heavily, and the ring think largely for Price. Me have advanced too fast tor Liverpool, but this is the short market. There Is not much for sale. Edited by Joseph B. Lively. MARKETS Mr. Lively’* twenty-flv* [ years’ experience of •<!- • (ting markets In Atlanta ! and the South has made him a recognised au thority In hie specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAME OF STOCK. Atual. Copper, Fallowing are 11 a. in. bids: December. 1043; January, 10.03; Mnrch. 10.11; Mar. 10.30. New Orleans, .Vor. U.-Haywarrl, Vick & .... IS. p. . Clark: Letter by the president to'the pea Pie inonia have n far-reaching effect to re establish confidence, and cotton should now have a good chance to get Its proper price for the small crop. Market very steady, and bears still buy ing. Confidence greatly encouraged by Mr. Roosevelt's letter. Think 1t would lie well to liquidate De cember contracts before notice flay. futures in New York. Messrs. Well Broth er*, of Montgomery, Ala., estimate the sea son’s yield at 11,630.000 nnd give Alabama ?•¥$*!& Georgia 1,000,000 and Mississippi 1,320,000. New York, Nov, 18.—J. R. Bacbe & Co.: The local market ruled firm at an advance of 10 to 15 points. The Improvement was due to the better financial outlook on the announcement of the new governmem financing. January nilvanced to 10.06 and December to 10.47. Tho early advance was lost slightly on realising, but the tone con tinued firm. The dally, press report that the mill* are receiving cancellation of dry roods orders throughout the South and West This Is rather disconcerting to the trade, as thero bad been hitherto no over production to demoralise values. The for eign situation keeps strong with continued Hero REQUESTS TO CANCEL ORDERS ARE BEING RECEIVED. this year the importers are . .. quests from their customers to have Import orders withheld or cancelled. This state ment Is made by several of tlie largest con cerns In the trade and they declare that It Is the result of tight money. The buyers have In no case bought heavily or In manner that could be termed reckless, and their cancellations If they become general or If the sellers allow the requests to be- n goods In silks, worsteds, woolens, hosiery na underwear. Tho retailers of the coun- jmvp negrni m iioiu uun u mnr wrurri lur the balance of the heavyweight season and for the spring. This Is making the mills on this side as well as those abroad careful j& peopl for. The cotton mill managers In the New England states, as well as throughout the South, are curtailing and the stories that with lines for the fall of 1903 make It np- on a decidedly present year. Cotton yarns are quiet In this and In all other yam centers and It will not he until prices are lower that the TODAY’S PORT RECEIPTS. The following table shows receipts at the torts today, compared with the same da/ bit year: New Orleans. Galveston. . • Mobile. Savannah. Charleston. Wilmington, 1907. 16,6 12,007 2,606 2,939 4,911 15,602 ujn 2,710 10,562 1,667 2,166 6,149 INTERIOR RECEIPTS. The following table shows receipts In tha Interior today, compared with the same day bit year. Houston. Augusta. Memphis. . . . 8t. Louis Cincinnati. ...... Total. HAYWARD, VICK & CLARK'S DAILY COTTON LETTER. New Orleans, Nor. II.—Liverpool was •tMdter than expected and during the last ■our before our market opened, futures •hjre advanced sharply, showing a gain of 3 ■wints by 3 p. m., where a decline, of 6 to ll 10,000, This sudden turn In the . h market waa most likely brought about t>» buying for account of la! ■ "7 nuying ror account of large operator* on jnr side, who anticipate a Iwneflclal effect the P^denC* sanction to Issue 650,- W.OOO Panama bonds and $100,000,000 3 per ^ent government bo pda of $50 denomination tha redeemed In one year. In his letter .* ^ortelyon the president says that ! n .*re Is absolutely no ground for the pan- l;kyt*lk. about the financial situation; that ’■* hanka and trust companies are all right *n<i that people should stop hoarding cash their money back Into business. >nd put I N’ow, ss far as cotton Is concerned, there ■’• those who !>el!eve that as soon as money rt.V • hrii, uit-rt-ii) causing a umuir. Gtbers believe that with the return of con fidence banka will not force holdings; that queatlon will tell and cause bull ■fipport and higher prices. That cotton J** being beared on financial conditions ihPi ,ho,,rn *>7 the eagerness with Ing^Openffig "fferingathte morm ”|C* Opening about 13 up the gain reached in the tint ten minute*. Rad weather throughout the belt also helped jne market. Heavy rains occurred general- and Indications point to rain for several which will delay the movement Re- "Sble information from all sirirs aan that Information from all sides says that insjytnt frosts have caused a total less of . 0*»H» »• ,|T'7*u rrM|n »»corglB wo nrar 1“*’ ^*11 Dtreet leader has been trying Ior * week to buy cotton ngalnst December agents believe. .... -. .. woolen yarns is stronger and there are slgne that men’* wear mills sre recovering their confidence and are placing orders for their coming aeaaon’a requirements. The mercerised yams that are offered for apot delivery are' in fair requeat at the prerail ing market price. Jobbers are gelt fair " * men they have out on fancy cotton for spring delivery. They are alto moving holi day stocks In notions and In their ready-to- wear dress and waist departments. Print Cloth Trade Quiet. •With, printers curtailing production, the demand for print clotha of all constructions ATLANTA MARKETS. American Smelting. Ain. Locomtlve. . . do. preferred . , * Car FouiiOry, American Cotton OIL . Anaconda. ...... Atchison do. preferred. . . . Baltimore X Ohio* . v_.jh.-3ko iv aiion. . . . Consolidated Gov. , . . Central Leather. • • . do. preferred. Colorado Fuel St Iron • . Corn Produce , Colorado Southern. . . . Delaware ft Hudson. . Denver A Rio Grand*. Distillers* Securities. . . Erie _ do. preferred. . . . General Electric. . . . Great Western Great Northern pfd. . . Illinois Central. . ; , interboro. ... do. preferred. Kansas A Texas! ft NAME OF STOCK. Louisville Ac Nnslivll Missouri Pacific. . Me\u\m Ontrul. . New York Central. rlU* Northwestern. National Li.nl. . . , Nnrtotk A Western. . Northern Pacific. . . Ontario & Western. . Pennsylvania Pacific Mall. t People's Gas Co. . . . , Pressed oteel Car. . . Reading. Hock Island do. preferred. . . . , Republic Iron U Stoel. , do. preferred. , . . , Southern Pacific Southern Railway. • . . do. preferred St. Paul Tenn. Coal A Iron. , . , Texas Pacific Union Pacific U. S. Rubber do. preferred U. K. Steel do. preferred Western Union Wabash do. preferred. • • . , Wisconsin Central. . . , do. preferred Ini TIPS FLASHED From Wall Street. Tow wo look for t orulng under pla * rathe Topics: Wb|li strong market this i fluence of the Wasbingt- lief of the monetary situation, ... regard any rally ns affording advanUgeo opriortunity to get rid of long stocks. If n indeed to go short of the active leaders V can see nothing In tlje general business a flnnm-lal sltunllons to encon securities at this time. The pn age buying deads by industrial concerns and the laving off of men by the thousands In various parts of the country will be calculated to enlarge the stream of liquidation that Is sweeping away prices as well as cause a spread of the desire to withdraw bank de posits. When some Individual Issues be come oversold, such as Smelters, there Is so much actual liquidation Impending that we do not believe the rallies will be or very much consequence before the list as a whole falls to new levels for the year. The railroads have entered upon a period of heavily decreasing earnings, as Important lu fact as were the Increases that helped the great buying movement of a year nnd a half ago. Pennsylvania nnd New York C'en tral, as representative trunk lines, will fee! the brunt of this reaction In bnalness, and professionals continue to sell them on sll rallies, bellevlnjr. at do we, that much obtain before long. talon Pacific, Reading and _ other leaders will also react materially, and after Total stock sales today. 800,100 shares. NEW YORK. ,’losed very steady. LIVERPOOL. following figures give the opening range, 2 p. m. and close, compared with yesterday; Futures opened easier. 6 Opening Trevloui Range, 2 p. m. Clo*e. Close. J:8 m t» Kg . 6.88 -5.4m 6.46H 6.53 . 5.41 *4-5.41 6.60 6.66 6.481 . 6.38 -5.41 5.43 6.64 " ' 6.40 -5.8m 6.48tt 6.64% .... 5.40 -6.4(4 6-49 6.65 6.4$ Nov Nov.-Dee. , .lan.-Keb. .., May-Jane .. Fcb.-Mareh March-Aprll fii.44» Aprll-May June-July .. Jnly-Ang, .. Closed stej 5.41H-6.42 6.41 -5.40 6.46 LI Eat 13* NEW ORLEANS. Following Is the range lo cotton fnturea In New Orleans today; s. ^ , .....MM' "|ro.06 . w.n'jo.s: to.« io.:o io.k-m ».s6-m .|10.08|10.K110.«1I10.»J10.M-211 9.91-92 : .91-93 Cloi.il very .toad};. . UMMULB. . . . I IVuiftMl-Bl 9-9193 . 110. Ill 10.27|10.11|10.25| 10.26-371 9.94-05 L..J 10.99-29 9.97-09 ThftMBftW ldiwr 11041-33110.01-03 NOTES ON GRAIN Pointers on Provisions. PBSPSSMSH; pn luth elevator concern says of the northwest ern wheat situation: “Splendid demand and no more trouble about money to move wheat from Duluth. Will bo no wheat here at close of navigation. About 41 per cent spring wheat aucl 67 per cent durum bad left farmers’ hands November 1.” Current receipts of corn are but little more than actual dally requirements of the city and suburbs. Unless there Is a marked Increaae soon It la predicted that the corn prodnets companies and other Industrial consumers will have to draw corn out of store before the month Is over, mmmam by the circular sent out by s leading bulL house, giving positive notice to customers I owning December delivery wheat, corn and oats that the money to pay for same must be In bank here not later than No vember 39. Northwestern Canadian railways hare abandoned • all double-tracking In railway improvements and are using all their avail- Lie motive power to move grain. •Concerning the conditions of the winter wheat crop, prospects are uniformly report- *<i ia fanipahta *' aara tha Mrwlem Miller Little old STRENGTH IN STOCKS REFLECTED IN GRAIN Wheat Advanced Over a Cent a Bushel in Early Trading. ST. LOUIS CASH QUOTATIONS. Wheat—No. 2 red winter 99 Corn-No. 2 Oats—No. 2 454 luppl! lifflcu This week Last week Cor. week last year... Wheat. ©2,000 280,000 Same time year ago.. 948,000 2.470.000 43.267,000 9,WW —).-w 4 , -W 8,000 83,669,000 FRUIT AND PRODUCE. rmeaens. rnes, t4.v>»i'i | ^i wuiaa, • •»<. nch; puddle, 90a Mlk. Turk,,, actlre, 15, POULTRY— 1 TurkMrj. drawn, .. --- —* i, 20«22Hc In active, 20c pound; fries active, mumtic iu,i hens, lie pouud; ducks, drawn, fancy, lie pound. I2e pound: hams actlvs, s active, 10#lle pound; und; butter, lMtHc per pound; beeswax active, t0C pound; hone] "Ic pound; I lio pound; Gi lido lb. U i, into ib. l - Me pound almond., 19o pound; Br.jll, 14o pound. Kllbortu, 1SH- pound; Knpll.h walnut,, lie lb. Pec.no. liltc Ib. L«nnb peel. 17He Ib.i Ornnpe peel, lffcc lb. Lemon,, fence Me.- oenn, 9L79Ci»: bomnen 914e Ib.: llmee, ptnrid, ,tnek. 50c 100. Peanut, In ««rk, er,r- Ui ii mPM Sir?? Clfillfl'peef-3. 93.««3« Ap- pl VEoSsTABlTu’s-PiitiitoHl per burtel 91.00. •went potato.* 00090c. Onion* 91.79 lm,b.; Rpanl,h. 91.50 ernte; kreut »4 barrel. 93.79; Iienlib. 1>,4. Celerj, 90«90o n bunch; per crate, 9 to 9H doxen. *5.<V>. t'niillnoeeer. 1 Mi l!Hc pound. Lettuce, ,92 390: 50 per crate. Turnip* U4C pouud. Florida Muaih, »t00 crate; Florid, lienn* 91.60 crate. GROCERIES. RICE-J.p. *H cent.; bend. 637c: fanej se S& 0A SiMc; miV5.'per'l S& UT*^^ 1 wSr^'ea^Tc’; »i SStchSrSee 91.95; rn.ceronl. <H«7c *Tro!hS-3ltl^MdjinJunlot- I r. n.m o,t* 93 79 em,e; »«ck rrtr«. 99-pound bate. 93; ovster* full erelfhL c»jo; pepper, ifc pound: bekln* Kinder. 93 cn,e; red •ilmon. 99 case; pink Mlmon. 14.60 ceae: •oa. 45c; cbncol«te. 43t4c; annff, i-th jnra, ; rnaxt beef. 93.10 caae: ntrap (New Or- feanei. *e aallon: corn. SiV; radon; potart 93.93fl3.80 caae; peanut,. SWc: rope. 4-ply cotton. 2294c; aoap, b.50fl4.00 caae. CANDT-^tlck. aaaorted 914c pound; atlrb auorted. 99ic ponnd; fnncj aaaorted, pall* Swift A ro.'a aalea of freah beef In At- lanta for the week endlnif Norember 19 areraced 947c per ponnd. HAYWARD, VICK & CLARK, COTTON, STOCK8, BONDS, COFFEE, DRAIN AND PROVISIONS. Carond.let and Gravloc Sta., New Orlean* MEMBERS: £•» prleana Cotton Eicbanae, New Orleana Future ^•bera’ Aaooetanofc tt*J r Voru Cotton Eichnneo, New Orleana and Cblcato Boarda of Tradt, ga-rKtcn Cotton Escbanjc' New York Coffee Ksthanje. _ _ Hocaton Cotton Exchnn.-r Anoclate Jtembera J.lrerpool Cotton Aaa* Kew York and Cbleajo Corrcapoudenta■ ^ A*. BACHE &. CO., AND BARTLETT, FRAZIER &. CARRINBTON, PJUVATE WIRES TO ALL POINT* NAVAL STORE8. Special to Tha Georgian. Savannah. Oa., Nor. 18.—'Turpentine firm at 40*,ic; sales, 127; receipts, 665. Rosin firm; Mies, 1.709; receipts. 2,742; window glass. $0.53: water-white, $6.25; N. $5.80; M, 15.26; K, $4.75; I, $3.86; Kl. $3.65© 3.60: G, $3.55; F K, $S.G0©3.66; D C II A, »9<. Chicago, Nov. 1$.—Ths wheat market opened 1 to H4c higher. Liverpool was up l%d. and ths stb&k market atrength helped. Northwestern ears were 018, against 716 laat WEATHER REPORT. WIATHRR CONDITION*. The storm that was centered In the west ia pow centered over Alabama. Its advance Is causing general rains over the South nnd up the Atalntle coast as far as Wash ington, D. C. Rain was falling this morn Ing In Alabama, Georgia, tho Carolina*, Virginia and Maryland. Following lu the barometer extending from Montana eastern Texaa and Louisiana. The pressure continue* high in the northeast, while a second low area Is central over Utah nnd sta tions report one’ inch or more rain last 24 hour*: Little Rock, Ark., 1J2; Mem phis, 1.24; Vicksburg, 1.16; New Orleans 1.84, and Mobile 1.80 Inches. The temperature baa risen over the southeast, while over . Saturday morning, The continued influence of the advancing areas of high and low preraure will likely cause more or less unsettled weather In this section dnrtpg the next 30 hours; tome- estimate, being 760,000 bushels. Wheat closed steady 3-8©8-4c high er. corn was up l-2©S-4c, oats 1-2© 7-8c higher’and provisions were unset- tied. CHICAGO GRAIN MARKET. Following are the Chicago grain and pro visions quotations for today, compared with yesterday’s close: Previous Open. High. Low. Close. Close. WHEAT— July ... 98H CORN — Dec. .. 66H MS 9M* m HM Juij I." 6954 UA’Jlf ii Mar ipt Jnlr ... 459a route— Jan. ..19.90 Mar ...19.10 1 s 46\ LARD- Jsn. .. 7.90 ... 7.91 ey ... 7.! UIBR— Jan. .. 0.90 .Vley ... 7.10 FLOUR AND GRAIN. FLOt’R—Highest pntent. $0.63; best pat- ent. 85.75; standard patent, 85.50: half pat- Vni, Al.l.j .muiajaiu i/Aicaai, f'.JV, aana. ent. *5.26; spring wheat natent, $0.25. CORN—No. 2 white (old crop), 7fc; choice white (old cron), SOc: mixed (new), 75c. cracked ci»?o, ;03-pourul iSCk, $1.50, CHICKEN FEF.L>-Flfty-ponnd sacks# 111 Pnrtne chick feed. S1.9R. OATS—No. 2 white, 63c; No. 8 white, 62c; No. 2 mixed, 00c; Golden osts, 65c; white dinned. 9 ^.- - CHICAGO CAR LOT8. Tbe recalpt. of grain In car loli toilar and eatlinatcd receipts for tomorrow are ae fol io Wl; MEAT,-Plain, M-pomnl aarks, 71c; „ pound aaoka, 90e; plain, 24-poond sack* He; choice small balsa, Kn. 2. one-third halos. $1.05. Bsrmsda. 86c. SHORTR—Choice white. $1.75; fancy, $1.70; brown (75 tc> 100 pounds). $1 <3 brand. $1.60. COTTON SEED MEAT#—Prime per ton, $26.00; No. 2 per ton, $24.00; bulla per ton, $12.60. ^ PROVISIONS. PROVISIONS—Premium hams, 15c: bel lies, 20*25 pounds "rerage iOc: f.t back*. 8.00. Silver Leaf lard. 10%; Newell com- nnnnd, •%. California bams, 9«i. Ex-ribs, 0.00. GAGGING AND TIES. lb . l2Hc: rs-rolled (second hand). . TIES—New, 8L17H bunch; second-hand, $1.06. HARDWARE. WELL BUCKETS—$4.60 dozen. ROPE—Manila, 14%c; flesel, lie; cotton. yrtop*—Rsrb. 3'4c ponnd. PLOW STOCKS—Harmon. 96c; Ferguson AVER—87 per dozen bsss. LEAD-814: bar 7Hc pound. NAILS-Wlre. 82.85 keg, bats; cat $2.90 k VjlOEK-norse. 84.2594.75 keg; male shoes. ^TuSB-P**“t*d*. $130; cedar, 15.00. 1140; Dupont nnd Itajar.l amokel9*ss. half kPes *11.fc: U Jl. UM 25 per cen*. Trotwiff smok^lcaa mV POWDER—84-M: half ke^, $2.75. kpct d- r 1-lb. ran*. IL * pilOVF.r.R-50 to fflior dozen. CARDS—Cotton. $4.71 per dozen, pi off BLADES—6c per pound. IRON—P« r Pound base; Swede. *Vfcc P °BCCKBTS-Palnt 81.70 dozen; whits c*- 9l*»r three hoops. $4.31. *CITAINS—Trace. $49« dozes. OUN POVDEIt—Per keg. Aoatln crack shot. 84.60. SHOT—$2.10 sack. FISH. FI8II—Brenm^Jc' pdmul: snapper. 9c ner Doaml: trout, 9Q10c pound; r.iue fish, (Me ponnd; pompano, SttCDOUKU); mnckcrel, l2hi pound; inlzvl n«h, pound; Trash water iiJ LIVERPOOL GRAIN MARKET. "AcT"b'Sb?r. h &*?Si; t hitler*. VISIBLE GRAIN 8UPPLY. Following abowa the wceklj Tlalble anp- ply of grain; Wheat! 42,168,000 bushels: lsst week. 43.- 749.000 bushels; last year, 89470,000 buahela. Cora, 8,704,000 bushel*: teat week. $.050,000 . . UIUOJ1, 9Ja v k ncr», •,« bushels: lost year. 2.860,000 bushels. Oats, 7.701,000 hoibels; test 1—* UBII, 1,9 Vi,VW UUIUDIB, aana. Week, 7»7U,OCO bushels; last year, 11,248,000 bushels. THE LIVE STOCK MARKET. . Nov. Ii—Hogs—Receipts 16,000. srket 6 to 10e lowsr; light. $4.SfcQ5.47^; ('bieago. Market ' mix* CATTLE—Recetat* 20.M0. Btesdy to 10c higher; beewee, FbaiVKlS; cows, $f.2Q©4.«; calves, $5.251041; heifers. $1.09446; Texas steers, J3.WS4.00; Western £*ttle, $2,169 January ... .. February ... . March April May June ... ... July August ... ... September ... October m., . - . r —f —— November ... rrmtt, 10c pouml; mullet per barrel, $9,609 Dec-iut>er ... E.ioj .l. 'ur. an.i f^l.m. KKoViV H BIIFEF—Itocelpla 33,i«'). Slow. N.tivn, 930)4(4.30; Wiml/rn, 9i',i5; snrllnaa. 93-t.v;, 5.90; lamb., 94499.50; Wrnm lamlia, 994;6.40. THE COFFEE MARKET. what cold.r Tueada, afternoon: a lirenthln, apell \re expect to aee Amal gamated Copper fall to around 40; Both wheat and cotton, lu our opinion. are irood short ealea. The London and from % to LONDON STOCK MARKET. AT THE OPENING Decided Advances Were Scored in Both London and New York. TONE VERY STEADY. Relief to Situation by Gov ernment Strengthen ing Influence. , Amalgamated Copper. Anaconda Atchison. Atchison preferred. . . Baltimore and Ohio. . . Chesapeake nnd Ohio.. . Chlcngo nnd Great Wes Cniindlan Pacific. . . . Deuver nnd Rio Grande. . . Denver and Rio Grande pfd.. Erie. Erie 1st preferred. Erie 2d preferred. . Illinois Central. . Kansas and Texas. Kansas and Texas preferred Norfolk and Western. . . Northern Pacific New York Central. . . . . . N. Y„ Ontario and Western.. Pennsylvania Philadelphia nnd Reading. 1st preferred. . . . 2d preferred Itock Island Southern Pacific. . . . Southern Railway. . . Southern Hallway pfd. Union Pacific. Rt. Paul. ....... United States Steel. . . . United States Steel pfd. Wabash Wabash preferred. ft GEORGIA RAILWAY >.ND ELECTRIC CJ. Boston, Nor. 18.—Following was the bit nnd flaked price on Georgia Railway am Electric Company today: Bid C3, no niur- ket for preferred. LOCAL STOCK8 AND BONDS Atlanta & West Point R. It.. Atlanta 4’s : 1933, coupon BM. 165 Minimum and Maximum Tsmperatursa and Rainfall. Abilene. . , . Amarillo. . . , Asheville. . . , ATLANTA. . . Augusta. . . . Birmingham. Bismarck. Boston. . . Buffalo. . Charleston. Charlotte. Chicago, Clndnantl. . . . Corpus Christ!. Davenport. . . I lodge Kl Paso. . . . . Fort Nmltb. . . Galveston. . . . Huron Jacksonville. . . Jupiter. . . . ; , Knoxville. . . Marori Mefpbls. . . . Meridian. . . Miles City. . Mobile. . . . Montgomery. V. nliklll* Nashville. New Orleans. New York. . Norfolk. North Platte. . Omaha Palestine. . . . Pittsburg. . . . Portland, Me. . Portland. Ore. Rapid City. . . St. I jOiils. St. Tanl Sun Francisco. Savannah. . . hpokane Tamps. . . . . Tayior.M Thomasvtlle. VlcksbaHH vlcksbarg. . . . Washington. . . Wilmington , T. Indicates trace of rain J. B. MARBLRY, Be Atlanta * ■. av Atlanta 4W0* 1922. coupon 10$ Atlanta. Birmingham and A.. *“ do. preferred Augusta _Fnctory Central Bank and Trust Corp. 125 Exposition Cotton Ml Is ac Vn 4 l/i*t n I III I 91 L- 1flff Fourth National Bank., Georgia State 4W». Georgia State, 4H% conpuft... 107 Ga. U- R- «hd Bunking Oo 249 Seaboard 4s. 1950........ CS«A Oa. By. nnd Electric Co 70 Seaboard AlrLfos.... 10 do, preferred i$V4 Southwestern .................. 107 Atlanta 4 per r. bonds, 193$... 100 Augu at a 4s, 1935 . Georgia 4H».W16 coupon 10€% do, $V4. m,M| 194 Dixie.Cotton Mills.., „ COTTON SEED OIL MARKET. Opening. November. . . . , . .] 19 Ot December. . .... .1 10 « January. ...... 31*4'ui March 32 May 3$ 91 July. ........ 4l• fL ^ . “cioseil steady! Rales, 9,000 barrels. Atlanta Oil Market. The following quotations are based on ac- WEATHER FORECAST. Washington. Nor. 18.—Weather conditions and general forecast: * The southwest storm lost much of Its nign wmu* nuunay on ine guir coast nn<l general rains this morning, which extend Into the Ohio valley, Maryland and Penn sylvania. Another disturbance over tbe middle and Southern plateau is attended by local snows In Utah, New Mexico and Colo rado. There was no other precipitation ex cept lo the north Pacific states. It Is considerably warmer In the east and south except In the west gulf states and colder In the northwest. There will be rniu tonight In the south Atlantic states, followed by fair and colder weather Tuesday; rain tonight arid Tuesday In the middle Atlantic states and ram or Tho following figures gives the opening market today: Opening ... 5.&T MM.B .... 5.75-6.80 ... 5.955.90 ... 5.865.99 ...9.86559 lake walon. wl ,laj. It will b, warmrr lunlztit In the middle Atlantic atatea ami colder In the caat gulf atatea. with fair weather lu the later dlatrct* Km remit until 9 p. m. Tueada.: viraiula—Knln and warmer tonight: Toea- dar rain; freak, poa-dhly brisk, caaterl, wlnda, Nerth Caroilns—Sain insight; w miner in caatenr portiun; Tuewlajr parti, cloudy nud colder In weatern r- rtlon; freb. puaaUdy brtak to caat tn aoutli. wlnda nn tbe roust. Mouth t’arnllna—llaln tonight; Tueeday partly cloudy _gad colder; freak eaat to •with wlnda. tH-c»mlri* vurlaldc. G^trafa—Rain In vaatern. fair and colder In weatern portion tonlcht; Tueailay fair and colder In eastern portion; frcab ahlftln. wlnda, bemalng cotnlnc va _ Kaetrrn Floflda-Fa|r tonight except pos- llgbt to freah anutberly wind* hemming earfablc. Western Florida aiul Alabama—Fair and colder tonlgbt; Taeaday fair; llxht to freah , northerly wlnda. Iiecomlng rartable. BY T. C. SHOTWELL. Xew York, Nor. 18.—Announcement of • 930,000.000 Fanenin bond Issue and the offer ing of 9100,000,000 9 per cent treasury certifi cates to tbe public caused a boom in rhe stock markets of London nml New York this morning. Prices of American shares In London advanced from 2 to 5 points. Grain nilvanced 1c n bushel and cotton It a bale. In addition to this positive relief bv the government, it was announced that London would necept certificates in lieu of international revenue stamps Announcements by President Roo*9»velt nml Secretary Cortelyou true received with popular demonstrations of great Joy, snd even the financier* were surprised, for they hnd not expected so many things to be done at once by Washington. The new treasury certificates hsve com plicated the situation, nnd the most con servative hankers are in doubt ns to the wisdom of what lias been done. All agree that the situation will he helped insterfsllr for the time being, but It Is the aftermath that they are fearing. By the president’s action circulation of the United Htatea has inereasi'd about )•) per cent In oir* day. Such a violent infla tlon Is certain to cause wild specula thin, and extemdre liquidation therefore 1h ei pected on the rise which promises to come. In laoiidnu advances in Mncrhaiu w«r« aboiii equal to tho< of No lelr par value. Tbe „ f*r cent one-.vear certificates were traded 11 the curb between M04 snd 10J. Tbo premium on currency dropped to l 1 * per cent. srket 1 mi.I -la still further < bii’dm-wj nnd marked abseuce Upon the u hole, stocks profits were fairly well ahsort willingness to follow the sdvt that commission houses were Utile. (’losing bids follow: Railway Stocks. Uc)lllQP preferred Baltimore and Ohio.. ..... Canadian Pacific hlcago and Northwestern. blorndo Southern Denver nnd Rla Grande .. . Erie Illinois Central ^Manhattan “L” Mexican Central Missouri Pacific New York Central.. Pennsylvania Reading Itock Island .. ., .. do. preferred .. . 8t. Paul.. .. Southern Pacific Southern Railway Union Pacific Interbdro-Metro .. Gicnt X< 1 ti.ei n *. Miscellaneous. \ 11 !.'• Ill '* I. I.'l I I « '"Pfi.T American C-ar and Foundrj'.. American Locomotive American I’otton Oil American Smelt, and Re. prel Brooklyn Rapid Transit Colorado Fuel and Iron International Paper. National Lead ... . People'* Gas... Sugar United State* Steel do pref Mnckay Companies do pref . 81 3-4 . 29 1-2 .144 .131 1-8 ..121 ..no .. 13 7-8 24 1-4 82 1-2 MONEY AND EXCHANGE. New York, Nov. 18.—Money on cal 1-2© 10; time loan* none. Posted rate*: Sterling exchange $4.8 ©4.87, with actual business In banker* bills at $44626 for demand and $4.S0fj .8060 for 60-day bills. Prime mercantile paper nominal. London bar silver 27 l-4d. New' Tori bar sliver 58 7-Sc. Mexican dollars 46 3-4c. MINING STOCKS. Boston, Nov. 18.—Opening: North Bu 3514; Coppi-r Kniura. 50; Utah Minin?, Butte Coalition, 13*4; Fruit, 104; Ciluu Arizona. 96. Market tttroiff. THE AMERICAN AUDIT COMPANY Home Office, 100 Broadway, New York City. F. W. LAFRENTZ, C. P. A., President. C. Et Manv.-ring, Vice President, Thao. Cocheu, Jr., C. P. A., Seo. end Treea BRANCHES ATLANTA—Fourth Nat’! Bank Bldg. CHICAGO—Marquette Building. PHILADELI IA—Bellevue-Stratford, SAN Fr.ANCISCO—Beldea Buildix*. NEW YORK—Waldorf-Astoria. BOSTON—Exchange Building. WASHINGTON—Colorado Building. NEW ORLEANS—Hennen Building. BALTIMORE}—Fidelity Building. LONDON. ENGLAND—4 King Street. Cheapelde. ATLANTA BRANCH 1015-18 fourth National Bank Building. 0. B. BID WELL. Resident Manager. T.l.phon., Main 872. C.ble Addrc.* Amdlt N. V. FBANK HAWKINS, Frcld.nt. B. 54. ATKINSON. Tln-Pmld.DL THOMAS C. ERWIN, Clltl* JOSJCPU A. M’COKD. Vlc.-9TMld.at U. W. UYKQS, Aul.Mli: CMkl. Third National Bank Capital - - - - $200,000.00 Surplus and Profits $400,000.00 DR. A. W. CAf.nOUN. MILTON DA ROAN, JOHN W. GRANT. II. >Y. M’CORD, j. n. nunjVallt. FRANK HAWKINS. n. M. ATKINSON, ~. JOSKI’M A. M’CORD. DAVID WOODWARD. i aRHOI.L payK'i KOKhFR. Mi*f»i*>»Ippl—Fair tonlgbt; eolder la east ern portion; Tuesday fair; light northerly winds, becoming variable. THE AUDIT COMPANY OF NEW YORK The Oldiii lad Forenoil Corporation Engaged in Iccounti.ii Bell Bhone 3309 Main. 1310 Candler Building. Southern M*ne§er. HARRY M. RICE