Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, November 19, 1907, Image 13

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t THE ATLANTA GEORGIAN AND NEWS. *Y, NOVEMBER If. WAS LESS ACTIVE Opening Prices Were Six Points Lower to Five Points Higher. BEAR RAID FOLLOWED Forced Further Slight De cline, and Then Advanced Sharply. morning the cotton market was irregular, ..rices Ming 6 points lower to 5 points higher. A bear raid was taken by some of the trader* to mean that the heara were telling Inte. months. Later the whole Hat showed a firmer tone, the early month* re gaining tbelr parity with the late poaltlona. Liverpool In the late trading recovered the sharp opening decline and closed prac ticnllv unchanged from Monday's finals. The New York market for futures, after —, was rushed rapidly upward on good buying, thought to be covering for the leading bear. This de- tnnnd satisfied, prices settled back to a point or two above the previous close, be ing influenced by rumors of a strike among the mill operatives in the Lancashire dis trict and a continued lull In busiuess In the goods trade. It was rumored at about noon that Neill Bros., of England, would Issue Wednesday a crop estimate of the crop at 11,600,000 with consumption 12.000,000 bales, but was without stim ulating effect, the close being steady net 1 point higher to 6 points lower. Comparative port receipts; | 199L Saturday Monday . Tuesday Total since Sept. 1 2.741.135 NEWS AND GOSSIP Of the Fleecy Staple. SVeelaMo Th» Georgian. ro, Vick & Clark.) (Prom HayviK _ New York, Nov. 19.-J. 8. Bacbe & Co.: Liverpool cables were duo ft lower on De cember ahd 101ft higher on Inter positions. Opened steady at 2 points decline. At 12:15 p. m was steady at net decline «f 31604ft (mbits Spot cotton In moderate demand at Mote advance; middling 5.82d; sales 8,000, American 7,600; speculation and export 500, linivorta 33.000 bales, against 15.900 last year. Liverpool spot market firm, but futures show no strength, being lower thau our Close The strength of the foreign market 1* th l* ride. It is r^ .. . --r -- Tl — .i.. reported that n heavy shipment of cotton from New >cic* will be m 4 do to Liverpool i hand, which IH add to the uneasiness of the short Interest. A narrow market with little doing. think, will prevail until the December opfiou Is disposed of. Mitchell n train the big bdyer, which looks to be on orders from the December clique The story now Is that the big settled. This trndlng Would houses. bhorte haVl PH PH seem to be part tally confirmatory, though Edited by Joseph B. Lively. Mr. Llvely'a twenty-five years* experience of ed iting markets In Atlanta and the South has msds him a recognized au thority In his specialty. SOUTHERN COTTON MILL STOCKS Quotations by F. C. Abbott k Co.• Bid. Ask< Abbeville common .. — 9 Aiken Mfg. Co.. 9 American Spinning CdmpUfiy .. J40 Amer. Warehouse pfd., Spray, N: C. RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAME OP STOCK. word from any oue au thorlzed to talk for the pool. Do uot see any evidence of further big short covering and the dry goods news Is bad. Think It Is a sale on these bulges. It I* reported Ellison will be out today with estimate of 11,750,000 maximum. Following are the 11 a.’ m. bids: December New Orleaus. Nov. 19.—Hayward, Clark: Market opened 2 to 3 dtfwn and •twady, but the bad news from Liverpool la liable to cause a set-back iu the market. On good depression would buy for s bullish census report. Liverpool cables: “Strike Lancashire In evitable.” Liverpool later cabled: “Have enough cotton; think demand for staple will fall off materially on account of strike In Old ham this week.” Fall Illver says: “Textile manufacturers of southern New England feel the pressure of flnaclal conditions and Are facing the necessity of curtailment. Cancellations of contracts are asked by buyers on all sides, but It has been decided to accept cancella tions only tvbere there Is cause. Buyers want, goods held until they'can pay for them, and In some Instances 60 per cent of the goods sold are held back awaiting de livery.” Spots are hardly a consideration In these days of drastic news. Demand comes and goes with advance or decline In futures. Buyers are cautious now that futures are steady. There Is some demand at steady prices, but no aggressive demand. Good grades hold nils well, owing to bad - — , dots * uary for good middling. Estimated receipts Wednesday: 1907. New Orleans 13,00(1 to 16,000 Galveston .. 18.080 to 21.000 Houston 7,000 to 8,000 1906. 24.093 21,517 30,495 SPOT COTTON MARKET. Liverpool, easier: middling 5.82. i,nrr)iwi, cubici . iuiuuiiiik o.o, Atlanta, easy; middling lOftc. New Orleans, steady; middling lOftc. New York, steady; middling 10.80. Sn van nab, steady; middling 10 6-16. . steady; middling lOftc. charleston, steady; middling lOftc. Baltimore, ateady; middling lOftc. Wilmington, steady; middling lOftc. Boston, steady: middling 10.80. Memphis, steady; middling 1084c. Philadelphia, steady: middling 11.06. Houston, steady; middling 10 13-16. Norfolk, steady: middling 10%c. Galveston, steady; middling 10 13-16. Hr. Louis, steady; middling lOftc. erlng movement carried January up to 10.13 and March to 10.20. Humors were cur rent that leading shorts had settled with the bull clique. Although Liverpool fu tures ruled lower, the spot market con tinned firm with some demand. The weak ness In foreign futures was due to the threatened strikes In several English mill centers. These strike rumors are not gen erally credited, ns the present time seems hardly opportune for the satisfying of la bors demands. It was reported that the litidno rvF t(l» n k.tl ... J. ,, ... buying of Mitchell of enormous lines of January. March and May was for short- covering for account of the bear leader. However, there were other reports that the buying was to •hull our market to enable heavy sales In Liverpool to be made to best advantage. The December deal Is occupy Ing the minds of all operators and the gen eral public la Inclined to hold off until the option has finally been eliminated from speculative calculations. We look for a quiet trading market, and do not favor a TODAY'S PORT RECEIPTS. The following table shows receipts at the New Orleans. Gslreston. . . Mobile. Savannah. . Charleston. Wilmington. Norfolk. New York. . Philadelphia. Pensacola. . Various. .* . . Pacific coast. Total. . . 1907. 20,662 17,717 8.208 13,198 1,206 5,966 6,570 87 66 22,665 58,141 •2,761 11689 INTERIOR RECEIPTS. The following table ehows receipts In the interior today, compared wlfli the tame day last year. HAYWARD, VICK & CLARK'S ' x DAILY COTTON LETTER. New Orleans, Nor. It.—Liverpool cables: Slrikn I afinf. till t r<i Inarltlhl* '' M'ltlfh fl- strike Lancashire Inevitable.'', which ex plains the disappointing market there to day. Futures are ebout 7 lower than due. *i*>t sales 3,000. our morning papers are LULL IN BU8INESS ONLY A TEMPORARY CONDITION. New York Commercial: Merchants have they can get in hand. Wholesalers' realise that the business lull Is only a temporary condition. The business done In the leading Jobbing houses during the past week was of larger volume than that booked during the first week of November. There Is a It Is regarded as certain that of the year will show normal sales In all departments. One of the most, significant occurrences of the past week was the dif fidence shown by carpet • buyers In the new season's offerings. With lines opeued at old lerets In the main, buyers shopped but On Saturday. after a placed few orders. nnurua;. «uvr « week’s efforts, sellers declared that more than 75 per cent of the buyers had ordered on memorandum. These orders will be firmed If the financial situation Improves. Of course carpet manufacturers will not build up stocks on the strength of these tentative order*. Buyers of white goods, embroideries, laces end linens ere asking for spot delivery on auy goods due them, and they ere urging sellers to live up to contract on spring orders. Among the spin ners In the South the situation Is Improving and prices are more uniform on weaving yarns than they were during October. Am. Ice Am. Sugar Refinery. . American Smelting. . Am. Locomtlve. • • . do. preforred • • . Am. Car Foundry. . . American Cotton OIL . Anaconda Atchison do. preferred Atlantic C. Lint Brooklyn Rapid T. Baltimore X Ohio. Pacific. Chicago k Alton. Consolidated Gai. ........ Central leather _ do. preferred - - - Colorado Fuel & Iroa Corn Produce Colorado Southern Delaware A Hudson Denver & Ufa Grand# Distillers* Securities. do. preferred.* * ! General Electric. . . . Great Western . . . Great Northern pfd Illinois Central Interhoro. . . . „ do. preferred. . Kansas A Texas 31ft T Snt Total stock sales today. 413,460 shares. NAME OF STOCK. Kansas X leva* pfd. . ! Louisville A Nashville. , Missouri pNcifle. . . . Mexican Central. . • . , New York Central. . . , Northwestern. . , . , , Nations! Lead. . . • . , Norfolk & Western. . • , Northern Pacific. . . . Ontario & Western. . , , Pennsylvania, rcopw 3 UBS VO. • ! Pressed Steel Car. • . J , . Reading Rock Island. ........ do. preferred. ....... Republic Iron 6c Steel. . . . , do. preferred. ....... Southern Pacific. ....... Southern Railway do. preferred. ....... Tenu. Coal Sc Iron. TCxus Pacific. . . . , Union Pacific. . . . , U. S. Rubber. . • • , do. preferred. . . U- b‘. Steel do. preferred. . , Western Union. Wabash. . . . . . do. preferred. WlV'o'nsln Centre!, do. preferred. . 1 5S Uffl ii$*' 13ft ’sa 109* ‘ lift 8S >» i"" »§ NEW YORK. RovTTT Dec.. . Jen.. . Feb.. . March. April. - April. May. June. July. Closed steady. 31 Ml ITTTTfi0.30-35110.30-32 10.43 10.43-45 10.42-44 10.03 10:03-04 10.07-06 10.08 1(X07-00 10.12-13 10.12 10.11-12 10.17 10.14-1610.20-22 ,10.1810.17-18110.22-23 ■*■10.16-18 10.21-23 10.16 10.16-17110.21-23 LIVERPOOL. 2 p. m. and close, compared with yesterday: Futures opened quiet. Opening _ Previous Range. 3 p. tn. Close. Close. .5.60 -6.57 6.66 6.59'' *"*' . 5.SJ -6.27 6.47 6.51] . 5.49 *5.48 5.46ft 5.5P . 5.61 -6.48 5.49 5.52' . 6.62 -5.50ft 6.60ft 6.53' 6.52 -5.51 5.50 0.54 , 6.62 -6.61ft 5.61ft 6.54ft 6.56 . 6.54 -5.61ft 6.61ft 6.65 6.56 Nov Nov.-P*c. .. Dec.-Jan. .. Jnn.-Feb. .. Feb.-March March-Aprll 6.6lf| 6.53 SJ4 5.54ft ay-June Juue-July ». «.«w w.wi July-Aug. ... 6.56 -5.52 6.61ft 6.64ft 6.56ft 5.66 6.56 Closed steady. NEW ORLEANS. Following la the range In cotton futures In New Orleane today Nov.. . Dee.. , Jan.. . Feb.. . March. April. . May June. . . July. . . Closed steady. i'ol&jiola It nr II,.M B 1 i M 9 15SL 10.19-20 10.26-28 fi.fi 10.20-21 10.14-1610.19-20 10.16 10.21-22 10.17-1910.21-23 10.21- 23 10.26-27 10.21- 3310.26-28 10.36-2810.31-32 Anderson Mills.. .. Arcade .. .. .. .. Arcadia Arista .. Arkwright Mills .. , ' 75 81- liquid™ was AGAIN PERSISTENT Avon .. .. Avondale taBR Bibb Bouule Brnndou Itrookslde Bloomfield Cabarrus Cannon Mfg. Co. .. Capital City. pref. ’ if. .. Chadwick, pref Chadwick. N. e Cherryvllle Cheawell, 8. C„ pref. .. CheswelL B. C Clara Clinton Clifton com Clifton, pref. CHffslde Chlquola Cotton Mills Courtney . Converse Mfg. Co. ., , Cherokee Mfg. Co .. .. Columbus Mfg. Co Corn , Coxe . Darlington ::JS = TIPS FLASHED From Wall Street. New York, Nov. 19.— J. 8. Bachs k Co.: Americans slightly lower on profit-taking. The European markets were all favorably Influenced yesterday by the action of United Stnte* government. The announcement was made late yester- lay at Washington that the new $100,000,000 3 per cent one-year government certificates In registered form will be accepted as col lateral for bunk note circulation. There hud been some doubt expressed as to their availability for such purposes. The situa tion Improved during the day, both its to premium on currency and call money rates. Ing the week, ttou of their advance and covery Is generally expected. stock , see stocks sell lower. There Is no doubt but what you will see some pretty big de creases In the earulugs of railroads after WHEAT AT THE START A FRACTION LOWER Selling Was Liberal On Fa vorable Foreign Crop News. ^ 8T. LOUIS CASH QUOTATIONS. Wheat—No. 2 red wluter Corn—No. 2 Oats—No. 2 *.. Northwestern was HU'id-higher. Foreign crop WEATHER REPORT. WEATHER CONDITIONS. Cloudy weather covers nearly tbs entire country and rain was falling this morning lu Texas, portions of Louisiana, at Thomas- south, while in the northwest rain or snow has fallen at a number of stations. The disturbance that came In from the south west has about disappeared, but there Is another low area over Texas that will prob ably move eastward during the next two days, causing continued unsettled weather In this section. There Is an area of high been small as a rule. . The advance of the low area In the southwest will caus# unsettled weather aud rain In this section tonight and Wednes day. with uo marked change In tempera- Minimum and Maximum Tempsratures and Rainfall. of tin*, to buy .took, nm /.»<% .M thelg , nmm v „ x wS TKSSbl. «.'to < tendencies ought to be witnessed lu the stock market for a time on account of the latest government relief. We would not. as stated. Ignore fair returns on the bulges, but would be governed largely by the Indicated removal of the stock ..... market. Union Pacific seems to be In a good posl tlon to advance, but n material Improve ment can not occur without the complete removal of the 114-115 offerings reported to but Southern Pacific checked around shows a rallying tendency, and If this limit Is exceeded quite a rise might be forced. Information Is favorable to advancing prices for Reading, which Is In a good position to be lifted ngalnst the shorts, though some stock around 12-63 must first be removed. Few Buyers^Take Regular cloth market on regulars, now that largo market quotation, and It Is believed that by reducing the production trade will be stim ulated. Narrow odds and wide goods In selling moderately. At 6c for standards tbe converters and buyers for cutting-up purposes show little Interest for spots. -..■■.i.iii "| uruuueuvii u j inin» 'fig a necessity. Goods bdyers are trying JV * aneel old contracts In every way posel- _..’atr* will change I —.. financial matters and business generally Improves with the distribution of tin* government bonds voted for Issue, thei p»od effects of which, however, can hardly expected before a month or two. Our I market* were steady aronnd the opening at about uncharged figures. In spite of tbe '•ml foreign news, which shows that the ►("“•ulatlve Interest Is predomlnently short. •W York slumped, which encouraged sotmfl xalpere selling, but on the whole there Is ^^^•nutlon displayed on the short side.l *r President Roosevelt’s appeal to tbe peo ple should enliven busiuess ell around in this country, aa hoped, cotton would no -ncer be so mercilessly exposed . to thei " ill of one faction. Washington announce#! inst the census report will b«x Issued on rhursday at 9 o’clock, our time. It will gu* cotton ginned to November 14. Ulu- f4URLJ* Bt yetr wrro 8.662,242, or about l.<«,000 more than on November 1. Thiel i' #wr flnfilngs from November l to Novemd , ■14a p e generally believed to be about Marine, which, added to 6.167,000 ginned Jil* year to November 1, makes It probable ‘m* census figure* on Thursday will be ■tround 7,700,000. Bear operators have estl- I mates out as low as 7.600,000, but this is msies out as the obrioos purpose of profiting by '‘"Appointment Rumors arrived from New York —. that becemlier Interests had settled 4*> points premium, which led to selling . , p *P«£ted suspense In manipulative sup- I’V'lJn New York. A storm warning posted J* . ,l *ft moment offset tbe New York news ’ »d futures again steadied'. Tbe storm is move “ver southeast Texas, and reported to SEW* Tbw, fi *• well-defined •letnano. ,, w ' York. Nor. 13.-J. fl. Hn.hc- i Co.: op»Dlng m IrreguUr, liut a Ueavy SELLERS IN THE INTERIOR NOT MAKING CONCESSIONS. ern Pacific and Great slons now, as they are among tbe best pur chases from all poluts of view. Pennsyl vania will lie sold sborP and meet stock around 111 level, according to our calcula tion. New York Central meets stock near par. 8t. Paul will flud stock In large quantities toward 194. and will lie sold by profession als. who also sell Smelting on rallies. Hmclb tug may at any t|me get oversold, however. COTTON SEED OIL MARKET. New York. Nov. 19.—The far futures, such as March. May and July, while they have declined In sympathy with the near-by de liveries. have uot declined In proportion to New Orleans. Nov. If.—The Tlmes-Demo- crat saya: "Helpful Inflnsncea.wsre brought to bear, and yesterday’* cotton msrkat evt danced a batter feeling all around. Encour aging talk from Washington has already helped tbe financial situation, and tbe In dustrial affairs of ths nation, although the timely boosts given now are developing pub lic confidence end must be beneficial. "Government preparation looking to the issuance of Intersat-bearlng certificate* of Indebtedness as a means of inducing tbe monev-hoardlng depositor to replace bis currency In circulation le alone far reaching In It* influence, whether tbe step be taken or not. Yesterday’s money was easier, and f ood business being reported done for lussls sud Japan. While tbe heavy lmpor- Id ojr tbe United States inspired tatlon of goiu uy me (.nicea siaies u some trade pessimism abroad, an , early restoration of confidence in this country brlngio metal I eigner has by no means fet pal year’s supply of raw cotton. Meanwhile the position of December shorts Is not Im proving. export, ar. .gain b«vj. Into- rlor wllni «r. not making mt concM.ii •■it toward minimi, poialblo cnrtaflmrnt It.jrw.rd, Vick k Clark. *o? THE METAL MARKET. New York, Nor. 19.—The metal exchange quotes the copper market week. Tin market quiet. Lead and spelter unchanged. liquidation of the near-by options. It Is ru mored that a very large line of near-by oil was liquidated through private sales today. This may relieve tbe pressure on the near by options somewhat, but at present dif ferences between crude and refined the I irlce of the refined In this market for near ly deliveries la still 2 to 3 cents per gallon too high, while the pales of the futures held up by speculative buying !■ 2 to 3c per gallon too high, based on tbe price of tbe near-by optlone. While the government of S6o.060.000 in bonds amf $100,000,000 issue situation, we bellsve business has r*celvi_ too severe a shock to fee! the benefit of this for some months to come.—J. 8. Barhe Ic 4*0. Atlanta Oil Market. The following quotations are based < tual transactions: Prime crude f. January 22022ft. -Hungary. _ Roumanla and Bulgaria. Whaol xvam nlf'1 All ! tbe United , Germauy gw reduced In Wheat was off~l©13-8c at the close, corn declined 3-4c, oats lost 5-803-4C and provisions were 150821-20 lower. CHICAGO GRAIN MARKET. 94ft Following are tbe Chicago grain and pro visions quotations for today, compered with yesterday's close; Previous Open. High. Low. Close. Close. WHEAT Dec. .. 9 May .. 1(1 July .. 9 cOUN— Dec. .. May .. * ily .. OATS Dec. .. 47 May .. 60ft 93ft l"2«i 96ft hit 66ft 64ft 65ft 55ft 97ft 54ft 103ft 98ft 56ft 56ft 12.55 July PORK- Jan. ..12.66 May ..12.62ft 12.85 LAHD- Jnn. .. f.73 7.80 44ft 44ft IMD8- Jnu. .. «.* May .. «.» 7.*) aw THE SUGAR MARKET. N.w York. Nor. 19.—Tbe ilnmMtlc reflo.d augar market todnr w» Heady and uu- ebingeil. Tbe local refitted augar market ni ateady. Tbe I^.ndon eugar market wa. quiet. November lUd lower at aa Id and December down HW at fl Mid. doiu amounta i THE LIVE 8T0CK MARKET. Chicago, Nor.- l».-HO08-Recelpte S6.000. Market alow and we»k_to J5e lower; mixed. K.TMil.tt; henry, W.,tKi I.S; rough. It.'OtfS.TD; pig,. SS.10VS.1S; york ’rATTl/K—Receipt. 10,000. Market wMk to 10c lower: heerex, Mf0.40; cowa and hrlfere. ll.aiat.SS; TeiaJ ateera. S3.2S04; calves, SDfT7; Wevtern eattlr, S3.IOBS; atock era and feMers, $2.25(^4.45. MilE»:P—Receipts 15,000. Market slow at psterday’s decline; natives. $266.10; West- _>n. $206.10; yearlings. $4^0Q6u0; lambs. CHICAGO CAR LOT8. Tbe receipts of grain In cer lots today and estimated receipts for tomorrow are ns fol lows: THE COFFEE MARKET. The following figures give ths opening ango and close In the New York coffee | T«U J. Tomorrow. Wheat 1 « ' Corn ; 77} Oat. > . . . 711 Hugs, heed 27.009 1 a,oo» Opening Ranee. ..5.66-6.60 HAYWARD, VICK & CLARK, COTTON, STOCKS, BONDS, COFFEE, GRAIN AND PROVISIONS Carondalet and Gravlar Sta., New Crleana. MEMBERS* fs tess-LESr b 3®££ Jfrsst New York and Chicago Correspondeats. A. 8. BACHE & CO., AND BARTLETT, FRAZIER A CARRINWON, BR1VATS WIRES TO ALL POINTS rb .. .. 5.66-S.70 :::::::::::: jSy ::: ::mB August 5.90-6.00 September 5.16-6.00 October €.69<.66 November CtoseM 6.40-6.65 6.55-6.60 6.66*6.701 5.70-.576 5.80- 5. W 5.80- 5.13 5.86-5.90 5.90-5.93 Paradoxical as It may appear, tbe specu lative feature of wheat at present Is not nearly ne strong as the commercial one. ys tkrotteq St Huydacker. "While prices have edvsneed some within the week, tbe advance has not been sufficiently large as to breed confidence on tbe part or ball specu lation, and not In fill keeplng^wlth tbe ac knowledged strong commercial position of wheat tbe world over. Tbe nnfarorable financial situation has made It difficult for speculators to secure normal financial ac* comuiodstlons from bankers, though n steady Improvement lu this particular Is to be uoteu.” LIVERPOOL GRAIN MARKET. m. wss 'ftfaft higher: Closed ftDft lower. Corn opened ft lower, and at 1:#> p. m. *■ ftttft lower. Closed ft©ft lower. NAVAL 8TORES. Abilene. . . , Amarillo. . . , Asheville. . . ATLANTA. . Augusta. . . Birmingham. Bismarck. Boston Buffalo Charleston. . . Charlotte. . . . Chicago Cincinnati. . . , Corpus ChristI. Davenport. Pod* Dodge El Paso. . . . Fort Bmith. . Galveston. . . Havre Huron Jacksonville. . Jupiter Kansas city. . Key West. . . Knoxville. . . Macon Memphis. . . . Meridian. . . . Miles City. . . Mobile. . . . . Montgomery. . Nashville. . . New Orleans. . New York. . . Norfolk. . . . North Platte. . Omaha. . . . , Palestine. . . . Pittsburg. . . , Portland, Me. » Portland, Ore. . Kt. leOUl*. . . St. Paul. . . . Ksii Francisco. Savannah. . . Spokane. . . . Tampa. , , , Taylor Thomseville. . . Washington. Wilmington. T. lndlcstes trace of rain or snow. Darlington Dallas Mfg. Co Dover Yarn .Mills. N- C. . Drayton .. Dllllng .. .. Pillion Eagle and Phenlx Eflrd, N. C Elmira, pref. Easley Eden ton, K. C . Knoree Enoree, pref. Erwin, pref Eureka Exposition Fairfield .. Florence Fountain. N. C. Gaffney Mfg. Co GastOn .. a. V. .. .. a. Gluck Glenwood .. Glen Lowery, pref. .. .. . Uranltevllle, sT C Gray Mfg. Co Grondel .. .. Greenwood .. .. Highland Park Highland Park, pref. .. . Hartsvllle Henrietta Mills .. Hoskins, N. C . Huguenot - Inman Mills, 8. C. , Resulted in Decline in Gen eral List of More Than 8 S Points. LONDON IRREGULAR Panama Canal Bonds Will: Be Quickly Taken—Min ing Stocks Higher. BY T. C. SHOTWELL. New York, Nov. 19.—Persistent liquidation wus again apparent In the stock market to- This liquidation makes more than 8 points. -Stocks nr- being rowed freely by persons who are selling “ner w r ‘ * create a false impression • a — * t {ft, | nin* above 974.03o.n90. .. but ♦here Is some hesitation In re gard to the J per cent note* which the gov ernment proposes to Issue. Official an nouncement tftlv morning that these notes I banks. Several prominent houses are offer-1 mont free tatc tbe ealv. London wus very irregular. Cotton market was lower and wheat prao- ■ umaii Mins. n. v John J\ XlDg. fclfg. Co. .. Keesler Knoxville Cotton Lancaster Cotton Miles Lancaster Cotton Mills. i»ref.. Ijinett Langley Mfg. Co Laurens Linden, N. C IJberty Limes tone .. .. Lock!art. B. C. . I^oray Mills, pref. Lntilee Mills, N. C Louise Mills, pref Lowell Lumber! oil Marlboro Cotton Mills.. . Manchester Mills . Mills Mfg: Co ). Mills Mfg. Co. pfd .Modena Cottou 51 llll.. .. . Mollohon - MolloUon pfd Monog ban.. Monarch, 8. C Monarch. B. C„ j»fd.. Mooresvllle, N. C.. .. Newberry.. Nokomls Norris Mills oiyiupln preferred.. .. Orr Odell Mills osark .. ...... Pacolet Mfg. Co. lint, added)., Pacolet Mrg. Co. J. B. MAHBUHV, Section Director. WEATHER FORECAST. Washington. Ncv. 19.—Weather conditions end general forecast: The eastern disturbance of Monday has coast without regaining energy and rains continued quite generally In the Atlantic states. The plateau disturbance Is now orer New Mexico with diminished Intensity, and the rains and snows In that section have practically ceased. There Is a third dis turbance of very pronounced character over tbe British northwest and tbe north Pacific coast, but es yet without rain, except along tbe south coast, and still a fourth storm In tbe extreme lower Rio Grande which Is attended by rain la the west gulf states and some high winds on tbe Texas coast. I except In the extreme The Rio* Grand* valley storm will move day lu the South, and on Wednesday Ohio valley and middle Atlantic tn the Temperature* will change but little. Storm warnings are displayed on the gulf MSt from Cedar Keye to Corpus Christ!. Forecast until 8 p. ui. Wednesday: Virginia—Partly cloudy tonight; Wednes Special to Tbe Georgian. Savannah, Ga., Nov. 19.-Turpentlne firm ',f76; receipts. 5,534; vlndow glass, $€.#): water-whits, $6.30; N, *.»; M, ».a: K. *t.»: I. «£fe: iTb.BC 170; O F K, ta.1003.60; DOHA, 13.69 GEORGIA RAILWAY AND ELECTRIC COMPANY. Boaton, Nor. 13-Folluwln* waa the bid and aaked price on Oeorfta Hallway and Klectric Com pan; todaj: Aaked 73 So taarket far preferred. MINING STOCKS. Beaten. Nor. M.-Opeulo*: North Butte, .a Bruan 110. Market Irregular. ,ln tonifht and Wednesday; WFflneiHiny; nun in nonnrrD purumi; irvso northeasterly winds, probably Increasing cm west coast. Western Florida—Rsln tonight and Wed nesday; warmer tonight; brisk to high northeast to east winds. Alabama and Mls«l»«lpi>l—Rain tonight and Wednesday; brisk to high northeast to east winds. Kentucky—lUin In western, fair in east ern portion; warmer tonight; Wednesday rain sud warmer. Tennessee—Rsln tonight and Wednesday; warmer In north-central portion tonight. I.uulslnus—Ksln tonight and Wednesday; brisk to high northeasterly winds on the coast. Eastern Texas—Rain or snow In northern. portion; brisk to high northerly winds < Pee Doe,, Pelser Mfff. Co.. IModmont Mfg. Co Pelham, Ga. f pfd Pelham. Ga., common.. . Piedmont Wagon Works.. Pell City, Ala Poe W. F. Mfg. Co Richland, B. C., pfd.. .. Roanoke Mills Raleigh Itoherdcl Richmond Spinning Co,. Riverside Mrg. Co Rock Itlver .. Hsxon Social Circle Statesville Cotton ftllle.. .. Salisbury Trenton. N. C Tyron, N. C. .. Tuoapau, B. c Turn pa u, B. C., pfd Tnscsrort Toccoa. Ga Toxnway Uulon-Ruffslo 1st pfd Union-Buffalo, 2d pfd Vance Victor Mills, B. c Wolballs, K. C. tint, added)., Warren Mfg. Co .. Warren Mfg. Co. pfd Washington Mill*.. .. .. .. Washington Mills pfd Watts .. War* HUoale Wlscassett.. iSS Whitney ./ 1 Woodruff, 1 Wniulalila V LOCAL STOCKS AND BOND8. (Revised by HUIyer Investment Co.) Bid. Asked. Atlanta St West Point It. R J86 Atlanta St West Polut debs.... loo Atlanta 4’s, 1933 coupon A ll.a.l. lU’a !•.•••» A.. B. Sc A. 168ft tio. • preferred ... Augusta 4's, 1935 Augusta Factory Central Bank St Trust Corp’n. 129 41 Fourth National 1 Georgia State i,. Georgia 1L It. * Banking Co., Seaboard 4’s. I960 Georgia By. A Electric Co.... 107ft 235 H'i Boutbweetern R. R. Dixie Cotton Mills Vs.-Car. Cbem. preferred...... Western Texas—Fair except rsln In south east portion tonight; colder; Wednesday fair and colder. Oklahoma and Arkaneas—Rain tonight and Wednesday. S. 69 .. 7811-4 I ..1491-2 | .. 130 r>-k | .. 171-4 .. 171-4 * .. 141-3 | ..119 3-4 : .. 93 1-2 a .110 5-X ' .. 94 1-4 : ..1071-2 j .. 78 3-4 ? 29 7-8 . 66 3-4 . 111-4 .109 . 77 5-8 . 83 3-4 . 111-2 ..111 3-8 Mfshourl Pacific New York Centra! .. ., .. Pennsylvania Reading Rock Island .. do. pfd. . St. PAul Southern Pacific Southern Railway*.. .... Union Pacific do. pfd. .. Wabash Wisconsin Central Jnterboro-Metro do. pfd Great Northern Miscellaneous. Amalgamated Copper .... American Car and Foundry American Locomotive .... American Colton OH .. .. .. .. 24 American Smelting and Refining 61 3-8 do. preferred 85 Brooklyn Rapid Transit Colorado Fuel and Iron , National Lead .. ». .. . People's Gas Pressed Steel Car ..... Pullman Palace Car .. . Sugar.. Tennessee Coal and Iron United States Steel .... do. preferred Western Union .. * y . .. , Mackay Companies, pref. 45 1-2 35 3-4 30 3-4 15 3-4 34 1-2 74 1-4 171-2 .101 1- 22 3-8 63 1-2 MONEY AND EXCHANGE. New York, Nov. 19.—Money on call 7012; time loads small: 90 days 12. posted Rates: nterlInK exchange $4.8004.87 With actual business In bankers’ bills at $4.8504.86 for demand and $4.79 for alxty days bills. Prime mercantile paper nominal. London bar sliver 271-2d. New York bar silver 59 l-2c. Mexican dollars 47c. THE LONDON STOCK MARKET. IMIUIUUTC IUU i rhoHtspvake dm t'blcaco sml ti Canadian 1'aclt uo prer. . Baltimore suil Ohio dmt Ohio .. .. d Great West. 'a rifle Denver Ac Rio Grande do pref Erie du pref Second pref. Illnols Central Kansas end Texes. .. do pref .. Louisville sud Nash. Mexh-su Central .. .. Norfolk and Western Northern Psriflc .. . New York Central .. Phils, and Reading . First pref. Second pref. Rock Island .. .. i 2:00 k OpenjP. M.Clo •ax 9$ 70H 70*1 St 64ft 95ft 18ft 96ft 81ft • I 6741 all way , Southern St. Pen! I’nlon Pacific Unite,! State* Steel du pref. .. .. .. Wabash do pref * iniH ! liiftf lioft 24ft; -5ft 82ft S2ft i Pi .... Atlanta National Bank ATLANTA, GA. E. CURRIER, Prealdeh,. H. T. INMAN, Vlce-Praaldent. GEO. R. DONOVAN, Caahier. JAMES S. FLOYD, Aaalatant Caahier. Capital $500,000.00 Surplus and Undivided Profits $650,000.00 We Solicit Your Patronage. Edward Moyte. Hugh F. McElroy. Louie Lichtenhein. EDWARD MOYSE & CO., Cotton Brokers, *2 BEAVER ST., NEW YORK. MEMBER8*-New York Cotton Exchange. New Orleane Cotton Exchange, Liverpool Cotton Association. ORDERS SOLICITED FOR THE PURCHASE AND 8ALE OF COT TON FOR FUTURE DELIVERY. MARKET LETTER MAILED UPON REQUEST. CORRESPONDENCE INVITED. nppearauci* whenever thp market recover* In the leant degree. *It Is beginning to wor- t ry some peoply who can not understand Its source. There Is no mystery about It, hou - Over, and otic tuan can explain It all. He Is no friend of President Hdosevelt’s either. The result of this selling of stocks w*§ a tli slly unchanged. , . ,. After midday fh« market was uot active, but the ton** wn* very heavy and quite 1 ) week In places. Traitxactlons III bonds exceeded those lu I stocks at times, mid price* were noth tmldy depressed. This development checked any I tendency to buy In the market among floor I traders. - - Closing bids follow: Railway 8teeks. Atchison .. Baltimore and Ohio Canadian Pacific Chicago and Northwestern Colorado Southern Denver and Rio Grande .. Kile Illinois Central Louisville and Nashville .. Manhattan 1