Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, November 25, 1907, Image 13

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THE ATLANTA GEORGIA AND NEWS. alONDAY, NOVEMBER 3. 13 COTTON WEAKENED AFTER THE OPENING First Prices Were Better Than Due on Liverpool Cables. HELD STEADY EARLY Heavy Profit Taking and Free Selling by Bears Broke Prices. Xew York. Nor. 26.—Good buying of Jan* iitry and March canted the local cotton market to open higher thnu due on the rahlea thla morning. After the call the Hat reacted, but recovered the loas on purchaa- luc bv Com million bouaea. Private cablea attributed the ateadlneaa In the Engllah market to a aettlement of the labor trouble at Mancheatcr. After opening batter than due on Liver* pool adrlcea and holding steady until abort* lr after midday, cotton weakened and worked downward sharply. To renewed weakness In the atock market, selling for New Orleans account and professional liqui dation la attributed the decline in Cotton. Prlcea at the elqae were 10% to 12% points higher In Liverpool, while spot waa 10 points up at 6.01 on sales of 8,000 bales. Mrs. Burch hat postponed the Issuance of her estimate of the cron. ' Trading waa dull durlug the afternoon, with the tone easy, the close being within a couple of points of the lowest of the day, pet 6 points higher for November while the remainder of the Hat was 3 to 6 poluta lower. Comparative port receipts: Saturday .Monday Total for two days 1907. 1906. Total since Sept 1., Estimated receipts Tuesday^ - 49,141 63.086 112.340 1906. New Orleans 18,000 to 20.600 17.846 Galveston 20,000 to 22,000 36,266 Houston 14,000 to 15,000 84,148 •POT COTTON MARKET, Liverpool, firm: middling 6.03. Atlanta, steady: middling 10%. New Orleans, firm: middling 10 15*16. New York, steady; middling 11.20. Ssvannab, steady; middling 1011-16. Augusta, steady; middling 107§. Mobile, nominal; middling 10%. charleston, Arm; middling 10%. Baltimore, nominal; middling 10%. Wilmington, steady; middling 10%. Boston, steady: middling 11.20. Memphis, steady; middling 10%. Philadelphia, ate !y; middling 11.25. Houston, steady; middling 10 11*16. Norfolk, firm; middling 10%. Galveston, steady; middling 11%. St. Louis, steady; middling lie. TODAY’8 PORT RECEIPTS. NEWS AND GOSSIP. Of the Fleecy Staple. SpKlil to Tho (.forfftsn. (From Hayward. Vick Sc Co.) rjjj* ' ork ' Nor. 3.-J. h. Itftnhr & Co.: i.irerpool wj« .1 iic S to 9 point. Meh.r. Op»n«t ,t,«dy to to loti point, higher. At SJ? »• n ‘- **« qolet not 954 to 1W point, higher. Fair business doing In spots at 10 points advlnee; middling. 0.03; stiles. 8,000; American i,6o»; speculative add export, ®JJ}- l»‘l“»rts, 28,000, including 14.U00 Ameri can renders new docket. 5.000 bales. cables reported a decline of % to 1 point from 12:13 p. m. J*i*«rpool market dlaplaya aouie firm- m “* ‘'"Hon market lias been under , "? u 1 #n< T of bear developments. . at * ,y * r , has displayed Inclination to c Pt , 0BC an d advance In the face of»finan cial improvement. Wo think that cotton “ B8 R* low levels, and from now on are bullish for the long pull. Think the governrueut report Hiul private estimates bullish. Favor buying now. J he Decemlier clique seem to be selling n,M V *he talent think tkey^ Intend 1. Gwathmey opot Interests b..., offered. Weld anil The following table ahowa receipts at the tMirts today, compared with the same day last year: , N>w Orleans.\ . Galveston. .... Mobile Savannah charleston. *. . . Wilmington. •. • • Norfolk.TT . . . New York Boston. Philadelphia. . . , Various 1907. 17,826 11.706 2,866 1L678 1.640 4,177 3.167 826 14 . 15.706 27.141 4.423 INTERIOR RECEIPT8. The following table ahowa receipts at the Interior towns today,'compared with the same day last year: Houston. . . Augusta. . . , Memphis. , . 16.417 2.618 13.866 4,899 HAYWARD. VICK A CLARK’S DAILY COTTON LETTER. New Orleans, Nov. 25.—Liverpool and New lurk were the strong markets this morning. Numerous Inquiries from both quarters jlna. Ever since the general kilting frost, information to us about the out-turn of the yield la rather uniform In character from nil parts of the belt, saying that It noeg not come up to expectations. This •’rep might yet be so small that with all tbe r uriatlweur in consumption due to dls* tnrbed trade conditions, absolute require ments might cause higher values In the struggle for Ita possession. Whether tbe "dtauee would be alow or rspld depends on * nether financial matters Improve to the extent of encouraging bull speculation. Tbe mnrketa are In such a position that even ate speculatlon would have ready ef- We must not forget that a large por- t tbe visible supply carried over from season and of the Invisible mill stocks "tiersto speculation would have ready eri 7' t- We must not forget that a large porJ ”°n of tbe visible supply carried over from ‘"*t season and of the Invisible mill stocks "'a extra* and qualities outside of the nor- mil mill needs for one season. Futures * n j1 spots In Liverpool gained about 10 Hnl*. Ilere there was considerable buying Th » morning for New York account, and l* r l«*eg gained as much as 12 points. Thla •mined to satisfy conditions for the mo- !"•■*• Trading Itecatne quiet, and tbe mar- jet rased ofT. Totton has gained 8-i a hale rrnm the time the financial situation stead- and it Is a fortnight to the bureau publication. Weather Indications are better, 'ho dear and cold weather now prevailing in the belt. With an Increase In the mpve- ment and offerings probably to follow, all "r which are considerations to be taken Into • p connt. Although a change for the better in cotton la Indicated, a alow and aolld be- filing would lw the beat. Iuqulry for ‘{"i* la good, and not ao much for aale.i 1 "Mv middling ami good middling common I j'scic ig moat In demand. Firm quotation* in M«e advance la l»einf paid. _ i . N *w York, Nov. 25.-7. H. Rache Sc Co.: a stronger opening on thla side was pro- ' *•<!«! bv higher cablea from Liverpool. The '•npresslon Is gaining ground that the proa- »nt crop la amall. and notwithstanding re- onced consumption, prices should show recoveries due to the clearing of the nnaucial atmosphere and Improving condl- !"*• evident. The opening ruled 8 to 9 Hints higher thau Saturday’* close. After touching 10.50 for January and 10.62 for became easier on realising ** ’*• Commission house business was lu evidence on the early advance. Expectn- that the forthcoming crop estimates ’ rn U'd lie bullish contributed to i more op- Gnaistfe feeling towanl cotton at this time. «• 7T* **ff*ed on very little business doing. ’'•II street was selling, owing to a weak market. Think this Is bear hammer- and on these dips we think It wise to T>k * on some cotton. crop estimate 13,000.009. ig. Very little cotton Mitchell selling. jaf,«7M * very good buyer of Jam...... ami March on call for Carpenter Baggett & Weld and-, Norden selling after call. Following are the 11 a. m. bids: Decern ber^ 10.82; January, 11.43; March, 10.56; May, le here from Liverpool says Mr*. estimate's will 1m» 10.350,000. New Orleans, Nov. 25,—Hayward. Vick St Clark: Opinion gaining ground that the crop Is smaller than expected and might be so small that cotton will go higher, even with reduced consumption. Stick to bull side ami buy on dips. The beginning Is slow and setbacks are normal. Weather conditions Improved. Now clear and cold In a greater portion of the belt. Expect the movement and offerings to pick up. which may canse a setback In futures. New York Commercial: There Is almost as sharp a demand for the fancy cotton * tnat are coming forward for spring goods coming to them hastened to cancel or to try and back out of orders on the ground that they could not handle the goods with a profit and that acceptance would cripple them. Now these same men snd they do tiot believe that the buyers who have asked to bare goods withheld will fall to take the merchandlae ultimately. Every report that Is turned In by the road men for selling agencies and Jobbers is of a more encouraging- nature. The consensus jpot valuation of merchandise that was a cause of distrust on tbe part of buyers has ceased to affect lines except In a few of tbe coarser cottons. Export specialties are In stronger demand and a few offerings In colored cotton for export have sold during the past day or so at tbe full asking price. Cotton yarn spinners are holding their products for steadier values, and this Is making the buyer do more shopping thau during tbe earlier daya of the week. Market it Dull on Regulars. There waa very little business put through Saturday on regulars, as the agents bare no goods for* spot or near-by delivery, and/ on distant delivery buyers do not feel disposed to pay the 5%e that Is asked by a majority of mflla. It Is recognised that wide goods are working down and buyers standing off waiting for standards at 5%o and 89-incli 68x72s at not more than 6%c. Mills nre not ready to quote ns low a figure on either construction. Edited by Joseph B. Lively. Mr. Llvely'a twenty-five years' experience of ed iting markets In AtlftLta and tbe South has made him a recognized au thority In his specialty. TIPS FLASHED. From Wall Street. ! PROFIT TAKING RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAME OF STOCK. ATLANTA MARKETS. FRUIT AND PRODUCE. Aipal. Copper .... Aui. Ice Securities . . Am. sugar Refinery. . American Smelting . , Am. Ixx-oinotlve . . . «1o. preferred . . . . Atn. Car Foundry. . . American Cotton Oil . Anaconda Atchison * do. preferred . . . . Atlantic c. Line. . . . Brooklyn Rapid T. . . Canadian Pacific. . . . Chicago A Alton. . . . t onsofldnted Gas. . . . Central Leather. .... do. preferred Colorado F'uel A Iron .. Corn 1'roduce Colorado Southern . .. , Delaware St Hudson . . Denver A Bio Grande . Distillers’ Securities. Erie do. preferred General Electric . . . . Great Western Great Northern pfd. . . Illinois Central Interboro . do. preferred Kansas St Texas . . . . . !| 70 Mi, .life 1714 ' $ at ■ i> T . iiii. ar as 77 i IS m NAME OF STOCK. ling. ; Island. Kansas A Texas pfd. .. Ijottisvllle A Nashville.. Missouri Pacific. . . . Mexican Central. . . . New York Central. . . Northwestern National Lead Norfolk A Western. . . Northern Pacific. . . ,1J Ontario A Western. . . Pennsylvania. . . . . j Pacific Mail People’s Gas Co.. .... Pressed Hteel Car. Reading Rock 1 do. Repuhll do. preferred Southern Pacific ^southern Hallway do. preferred. St. Tanl Tenn. Coal A Iron. . . . . , Texas Pacific. Union Pacific**'; . V. l4. Rubber do. preferred. . . .. . , U. 8. Steel 'f . , do. preferred. Western Union. ....... Wabash . . , do. preferred Wisconsin Central do. preferred ' © u.". HI Total stock sales 422,609 shares. NEW YORK. Following la tbe range la cotton future* In New. York today: if fcov.. . Dec.. . .Tan.. . Feb.. . March. April. . May. . June. . July. . Closed . .10.72,10.72 . .110.8010.69 . .110.46 10.50 . .(10.52 10.68 . .{10.67 10.62 . .10.6210.62 . .j 10.66 10.70 .* ‘.iio.64libl66 "stesdyT^H Sil c 111 i0.te|10.7l-73|10.63 68 19.73 10.72-73 10.76-78 10.84 10.34-86110.38-39 10.62 10.89-4 II10.43-45 10.45 10.43-46 10.48-49 10.62 10.48-60110.54-66 10.64 10.53-63110.57-68 LIVERPOOL. \ Following figures give the opening range, 2 n. m. ana close, compared with yesterday: Futures opened firm. Opening Frevlotti Range. 2 p. tn. Close. Close. .5.75%-5.76 .5.68 -5.661 -5.67%-5.661 .5.70 -5.701 .5.71 4».71* Nov Nov.-Dec. . Dec.-Jan. . . Jan-F’eb. . . F'eb.-March March-April Aprll-May . May June . June-July . July-Aug 6.76 ly-Aug. .’losed a 6.70 f:if 4 lift .5.75 -5.75% 6.71 .6.74 .5.75 -5.75% 6.75% 6.68% 5.76% 5.84% 6.78 R.65£ 6.78 5.66 6.77% 6,65 ' ' — — — NEW ORLEANS. F'ollowing la tbe range In cotton futures iu New York today: 1 Open. 1 i 1 3! 1 tl Nov Dec.. . . . Jau Feb March. . . April. . . . May. . . . June. . . . July. . . . I'M.'l 10.66 *10.5.4 i'o.cfl ib!80 19.66 lo.tf l'(/.67 10.76 iblin \o.a 10.47 10.6i YoM iit’.w 110.60 10.63 10.63-64 10.61 10.10-51 10.61-53 10.54 10.54-66 10.66-68 10.01 10.60 61 10.62-04 10.69 10.68-69 10.64 10.64-55 10.61-62 10.62-64 10.64-55 10.66-57 1 10.6041 10.61-03 10.6849 Closed steady. ■ ■ - Vick A Clark.) Joy. 26.—J. H. Hnrhe A Uo.r Americana in Ia>ndou are mixed. The ad vance has Induced some proflt-taktug and openltiff fr i Fridayji« ket strong. Western railroad traffic officials expect a falling off in business. There la a much better feeling concerning the financial sit uation In the West. An easier condition re ported on roads operating eastward from Chicago and 8t. Louis. Southern lines have not felt tbe depression as keenly as the Northern roads. Several prominent bankers expect the prepilum oil currency to disap pear shortly. The advance In Saturday’s market was well sustained up to the close and the gen eral expectation Is for a further advauce. Copper, Smelters, Harrtmnns and Reading rand Steel stocks will Ite active features. Nicholas Mlnxcshelmer.niid Hatch selling Mlnourl Pacific, Buyers scattering. Financial Bureau: Bullish operations anil further short-covering seem likely lu the stock market. This will probably go on In continuation of Saturday's foreshadowed rallylug until stock Is met. Careful investigation leads to the Indica tions of offerings ns lielow. If they are removed, professionals of the first elass will expeet extension of move. If maintained, a everse operation temporarily will occur, 'nlon Pacific. 115; 8t. 1‘nul. 70: Rio Grnmle. 83; Great Northern. 115. These stocks arc regarded as the lw»st proposition and prolm- bio leaders In bullish operations. The fig ures given are approximate. Amalgamated could reach well above 50 without much op position: Smelting 7'1 ou short-covering, and Atchison 76. A great deal of stock Is for sale In St. Paul toward 104; pur In Central, while not much opposition appears lu Steel preferred now short of 85 and tbe common steel Is tipped for a drive at the aborts. The best results will, of course, be gained by purchases on recessions. AMERICA GETS AFRICAN GOLD. London, Nov. 25.- NOTES ON GRAIN. Pointers on Provisions. H.D. dull, 40 rent*. ehlck.o.. frlM. Duck., P.kln, S5o neb; puddlt, JOc each. Turk,,, .elite, IS. •"dressed PODLTRV—Turkm. draws, S ctlte, SOe pound; frln »ettr«. MABHc Ilk! «u. lie pound; dueka, drawn, finer, IK P °pnODT7CE-IJird. lie pound; bam. tctlt*, lie pound; .boulder, aetlr., MO}l' pound; ■Id., act Ite, lie pound; buttar. llOJIo par pound: beeiwix aetlr.. *• nouniT; Mart (brlkhll nellrf, I0e ,muud. It.ltun fh.it- n Fhmi , H"AND NUTS-CItron, 50c pound! almond., lie pound; Rr-iill, lie found; Filbert., found; Enfll.b wnlnnt., 18c lb. P.e«n., i24e lb. I,.uion p..l, 174e lb, Oraui* p..l, ITHe lb. I^mon,. fane/ Mn- P >n». ia.reei.0O; l>«n.n»«, 14e lb.; limn, jorld. .lock, too 100, Peanut* In nek. at.r- ■ ztn< 100 pound. ..ob, owln* to jrrad., 64esc imuud. Florid, orange., I3.00«3.t0; ware, !6e. Milan par***. WP? AP; pin. New York. |4.KI®5.80. Cr.nb.rrl.., Ill barrel. 60e gallon. . . . „ VEOETAHLE8—Potaton per bu.b.l lt.OO •woet potato.., 11.00. Onion., 11.10 bu.bjj: Hnanl.n? 11.SO crate; kraut 4 Urrel. «.U: D.nlih, 14. Cel.rj, . bunch; per er.t», 0 to 14 down, eswnfc. vsbt CT. M b.Tu r ., c « , a GROCERIES. niCF.-I.P. 14 cent.; bead. Iirio: finer laid. 7<FT4o, .eeordtnf to tb. jrradfc * rilEESE-F.net full ernm. lfte; tjeoral. can. errnp, liegallon; rail, 100 pound., BOo. >od. creek.ra I4e pound: Te: b.rr.1 e.ndr, P«t Mr I iwundi. IHei tom*. M ran-; I pound,. K.M! n.tr Ham, w:I.tm. be.na, Te; be«t match., per erowk 11.0: lutriran!, 44C7e ponnd; anrdlnn. mn.t.rd, SB cjm. srOAR—Standard .rannlat.d 0.15: New York r.lined. 44: plantation, 4V. COFFEE—Roa at ml, Arbn.kl#., HIM: bulk In ban and barrel* *mn. llOUe. FhrMdml blaenlt. *5.00 e«a»: No. t rellmJ n.ta, W J* eaaa; aa.k frlra, H-ponnd ban, 15; orat.ra. full w.ltbt, «;.* ra••; P«PP.r lie pound: bakln* lywd.r, C eaae: rri ■almou, » .aa.; pink talmon S4 to eita: neoa 41.-: eboeot-ti*. 4S4e: muff, 1-!h Jara, 3T oa.fbnf. KM nlrap (Sew Of Inna). «. nllon: mrA. *» laflon: pola.l IL26413.SO ea.e; p'anuta. 14c: rope. 4-plr .* !r v .0-1.d ten luitn 0.60. _ FLOUR AND GRAIN. / FT.orR-RIrbMt pat.nf. IdM: brer pat- ant. n.W: .t.ndard patent. ».»:h»tf pat- , n r *tt5: aprlne wheat nat.nt, M.2S. CORN—No. 2 whit, (old crop!. 79c; choice whit, (old croul. SOe: mind (new), 76c. Peeked corn, 100-pound lack, 11.10. rrtirWwN^ FF-D-FIf'- po""' 1 nek., «1; Purina chlfck fed. 11.93; Purina acratch M. 11.95: Purina feel, lTS-ponud aa n i?ATS—No. 2 white. C-V: No. S white, dje; No’ 2 mlted, 60c; Colden oata. 6Se; white ''ilEATo^Pialn. Sdnound tack,. 77c; 41 pound aaoki. Tie: plain. 74-pound aacka, lie *RAV-Ttan»ht. cbflcc »*b,|M. »!.W: do., cholc» amall Haifa 91.20: No. 2. tlM: a onc-lhl-d balea «L* Bermuda. ASc. pilORTR-fliolcc white. 31^0: finer, 31.70; brown i75 pound.), SI.A 1 : bran. 11.50. "cotton seed MEAL—Prim. POT to* , Vick ft Clark.) Chicago, Nov. 26.—Bartlett, Frazier A Carrlugioa: The foreign markets respond readily to any advance on this aide aud still believe they will require large quantl- with nnd tbe cash wheat Is placed, we un doubtedly will have a nervoua market. Receipts of course grains aro very light, hut tbe demand la Increasing as supplies In consumers’ 'bauds arc getting to • very low point. In provisions the packers seem disposed to force prices. Chicago Record Herald: Sentiment was inlte widespread In the wheat trade Sator- lay night that the market had arrived at a turning point after Its long-continued de cline. There were a number of dissenters front this view, the latter dlfferlmr solely hecanse of tbe financial situation, 'lne mer chandising position of wheat Is fairly good. There has been a decrease of nearly i.0u0,00u bualH» in the stock here since early An- --at, something unusual for the months mediately following harvest. Shipments last week exceeded tho receipts here by over 300.000 bushels, although It was decided ly an off week. Uverpool Saturday night was about 22c over Chicago, and tbe foreign markets were plainly showing “ * to respond to any strength No. 2 hard winter f. o. b. steamer at gulf * Coru traders were not aa optimistic aa to the future of their market aa were tbe wheat men. The recovery In corn waa largely due to profit-taking and Jhere was enough wavering at the last to Indicate that tbe movable abort Interest waa pretty well lu. Broken actlug? for Finlay Barrell, one of tbe leading bear bouses recently, covered nearly l.onfijpofi bushels during tbe session. John rudahy Is a prononnred bear on grains as well as provisions. "I can see nothing In the altnatlon to. warrant ft wheat” he said, 'and certainly corn It much higher relatively than provisions. About 75 per ceut of tha people In the wheat trade here do not seem to realize that there is a panic on.” t ^ , '•The United States has thus far exported approximately €5,000.000 bushels of wheat and flour,” say* Scotten-Snydaekar. 'For eign freight agents assert that the demand fi>r wheat tonnage has absorbed quite all available up to February l^jvlth freights vary strong and advancing, now the highest of the season and for two years. Moreover, they claim the demand la for full enrgoea Instead «»f part ones, and that room is scarce, all this Implying clearances for tha coming sixty daya at leaat will be large- bullish to this aid#, but bearish to the other. The conclusion Is warranted, there fore. that Flurop*- already owns a lot of American wheat—If not, why the large en gagements of freight room at high prices?' WHEAT STARTED WEEK A FRACTION LOWER Weakness in Stocks and Corn Early Influences. Rallied Later. 8T. LOUIS CASH QUOTATIONS. Wheat—No. ! Corn—No. 2 Oata—No. 2.. K4ffJ«4 fiwlft ft Co.'. Ml.. Of fJ*»h b**f In At- lint, for th. wMk .inline Nor.rob.r 23, .raced AT-' p.f ron"' 1 - HAYWARD, VICK & CLARK, COTTON, STOCKS, BONDS, COFFEE, GRAIN AND PROVISION* Carondelst and Gravier 6ta.» New Orleans. MEMBERS: Igoner u “- «ar bsBg, m ~«ass.>f— c ““ BACHE * CO., AND BARTLETT, FRAZIER A CARRINBVON, P6UVATE WINES TO ALL POINTS. tUM; No. 3 por ton, 174.00; hull, par ton, H2.S0. PROVISIONS. rRnvmtOXd—Premium h«m«, 16.: hal- Hr. 2MI25 ponnil. »T.rap», 10.: f«t ba.ka, , (V) Sllr.r I.Mf |.nl. 104: J.w.11 fnm- IMmnd. 64- California b.m., 94. E*-rlb«, ,#0 ‘ BAGGING AND TIES. BAflOINO—ljfjh.. INC: *JJ-. 114.; *4 II). 124.: r.-rolt»<1 (mcodiI bind). 74.- TIER—N.w, 11.174 bnneb; ucond-band, H.01 HARDWARE. tvFf.f, BrrKETO-IlM donn. R0 PH_V,n1l«. 144.: 8«*l. H«1 rati.., MAo nonnd. pioit »TOnB-HinM«, »5o: F.r.con, EEAI>—04: bar 74. nonnd. NiIIJU-Wlr». K.B bar. baw: cot 17.n M-*® 4 - 5 * *'*•' °»'l. Iboct. ''tub*—Taints. 12.s«; rad*'. «M0. ho. pnpont and irarapl .mob.lM,, bait "... 911.3,; 4 I 'O- Q-njW-ra. «. u,, 25 p.r ran 1 . 'FnHndnrf .mok.I.M now FOWnER-H.60: b.lf k.R.. 32.71: 4 kt,i. ^'s'llOYEtS-M to 111 ^r dojo*. ISON—240 P-c PO“«d b.w. «»«!., 44< ‘"BCCKETS-Pnlnf; II.70 dox.n; wblt. c» Jtr three hoop*. W-®. 4 rriAlNS— 1 Trace. DtH doitn. OUN POWDER—Far keg. Anitlo crack "slioT-e-io ..ok. - FISH. FIRII-IIrMm. Jc pound; .n.pp*r, 9c por pound; trout. 9CIJV pound; lilno fl.b, 5m«c pound; pompann. 274o pound: m.ck.r.1, 134 Hound; mlxe<! Osh, €&7c pound; fresh water Abilene. . . Amarillo. . Asheville. . , . i ATLANTA/ f'hicago. Nov. 28.—Wheat oiiened Ht»V* Augusta. . , >wer. being affected by tho trend In atock* f Hjrmlngham. WEATHER REPORT. ' WEATHER CONDITIONS. The storm that passed over this section during Saturday has moved up tbe Atlautlc coast and Is now centered on the cooit be tween New Y'ork city and Boston, where cloudy weather prevails today, with ruin falling at Boston and sleet at Portland, Me. In tho last 24 hours rain baa fallen In tbe upper Ohio volley nnd uorthonst from Washington, I». t\ Throughout the South clear weather with low temperatures pre vails. due to the advance of nn area of high pressure from the northwest. This high area is now central over the lower Missis sippi valley, near Vicksburg. The eastward drift of the high area will canse fair wsather In this section tonight and Tuesday; not no cold. Receipts northwest were large nt 957 cars. Liverpool cablea cams strong, up TitJId. The on-pssNage decrease waa lib- ersl and world shipment* small at 8,544.000, of which America contributed 46 per Cent. Torn started l%01%e lower. Another break In hog prices and nwt_ bearish talk on the cereal situation were general. Wheat closed 1-401 l-4c higher on shorts covering late. Corn waa 5-8© 7- 8c lower, oats were l-801-4c up to 8- 8c lower and provisions were unset tled. CHICAGO GRAIN MARKET. Cb!car> grain sod t provision quotations for today ars as follows, compared with yesterday’s close: WHEAT— Dec. .. 90% May .. 100% July .. 96% CORN— Dec. .. 51% May .. 54% July .. 63% OATS— Dec. .. 45 May .. 45% July .. 48% »*% W?s 1<M» 95% iiii as Jsn. May ..12.00 LARD- Jnu. ..7.17% * , 7.1X3 $ » ss 43% 44 44% ll.fiVi 11.96 *11.67% li.86 v 11.75 12.32% 11.97% 12.25 7.15 lay .. 7. RIBS— .17% 12.07% m 6.32% VISIBLE GRAIN SUPPLY. Following shows tbe weekly visible sup ply of grain: • Wheat—Decrease 201,000 bushels, rorn—Increase 8116.000 bushels, oats—Increase 369.000 bushels. CHICAGO CAR LOT8. The receipts of grain In car lots today and estimated receipts for tomorrow are aa fol lows: Today. Tomorrow. 44 NAVAL STORE8. ipe-lal to Tbe Georgfan. Savannah. Nov. 25.—Turpentine firm at 43%; sales, W3; reeHpta. W). Rosin firm: sales. 8.517; receipts. 2.8H; window glass. 86.40; Wateswblte, $6.»: N, 15.90: Jf, 85.25; K. W)( I. 83.76; U. 8*-»; G, k\ E, D, 1310; C, B, A, |2.75» LIVERPOOL GRAIN MARKET. Wheat opened 1 \ifi\ 1 % higher and at 1:1 p. m. 101% higher. ClosetT % higher. Corn opened unchanged to % higher, an lad, THE LIVE 6T0CK MARKET. Chicago, Nov. 25.—HOGS—Receipts 86.000. Market 15c lower; light. 83-8>»04.46; mixed, I3.W04.16; heavy, 83.7504.15; rough. 83.75® 3.85: piss. 83.2O03.9>»: yorkera. 88.M04. CATTLE—Reccli)is 37.0UO. Market lOe low- - 0.460 0,150 — , , HIIEEF—Receipts 28,000. Market strong to 10c higher; natives, 8205.25; Western, 8206.20; yearlings, 84.6505.40; lambs, 805.65; Western lambs, 84fz6.50. COTTON SEED OIL MARKET. Bismarck. Boston. . . ; Buffalo. . . , Charleston. , . Charlotte. . . Cincinnati. . . Corpus Christ 1. Davenport. , . Dodge F’ort Smith. . . Galveston. . . . Kaxrn Hiiroi Jacksonville. . . Jupiter. .... Kausas City. . Key West. . , , Knoxville. . . . Los Augeles. . , Macon Memphis Mobile. . . . . . Montgomery. . . Nashville. . . . New Orleans. . New York. . . . Norfolk. . . . North (Matt*. . , Omaha F*aloatlue. . . . . Pittsburg. . . . Portland. Me. . Portland, Ore. . St. Louis*. . . . St. Paul San Francisco.. Savannah. . . . Spokane Tampa Taylor Thomasvllle. . . Vicksburg. . . . Washington. . . for 83,25* Africa. •New York Imukcrs were era In tbe market today ’blch arrived from South Some Sharp Declines Shown in Stocks at the Open ing- . MO. P. LOST 3 POINTS Declines General Through out List—Better Inquiry For Bonds Noted. DAILY 8T0CK LETTER New York, Nov. 23.—^. 8. Bache & ’o.: The stock market was dinap- general Hat. .Missouri Pacific had re corded n decline of about 6 points by the noon hour, n pretty good break for so Inactive a security. The Steel Is sues lost some fractions and the Hill stocks, with 8t. Paul and Union Pa cific, seemed to melt away quickly un der any slight pressure. In fact, the lack of staying power In the market on the advances Is not encouraging to present holders of stocks. The shorts no doubt take advantage of the bulges to put out lines of short contracts, and then some real liquidation appears and break-down of prices Is completed Copper metal advanced In London to day. Further engagements of gold were Reported. Currency Is still In de mand at a fair premium. The wants of Interior banks account for the pres ent premium. Our advice to the holder of securities Is to hold tight for clearer skies, and to the Investor Is not to hes. Itate In buying the flrst-claia railroads at current prices. GEORGIA RAILWAY AND ELECTRIC COMPANY. MARBURY. Section Director. November. DecemtM-r. Janaary. :.v.v.: am ly. ......... steady. Atlanta OU Market WEATHER FORECAST. Washington. Nov. 25.—Weather conditions and general fore<wst: The storm, of Huuday bas reached the hi .ifw r.ngland. with severe north easterly gales alone the New England coast. Over the remainder of the country the weather wae fair except in the north Pa cific state*. It Is somewhat colder In the middle nnd *oiith Atlantic *t*te* ami gen erally warmer elsewhere, eimeelally fa the Iddle Mississippi valley, Texas nnd the central Rocky Mountain region. Tin* weather will l»e fair tonight and Tuesday In tbe east and south, with some- ‘ ras Toei * Tuesda, .... tonight ... ... warmer Tuesday In the Interior; variable winds. North and ftoutb Carolina—Fair tonight: Tuesday fair and warmer; light north to northeasterly winds. Georgia—Fair to- 1, what warmer Tut light north to northeast winds. Eastern Florid*-Fair tonight and Tues- 16-stern Florida. Alabama and Mississippi Fair tonight and Tuesday; light northeast to enit /Wind*. Kentucky and Tennessee—Fair to night and Tuesday; slightly warmer In central and eastern portions tonight. Louisiana—Fair tonight; warmer In western portion; Tuesday fair, warm er; light to fresh easterly winds on the 1 coast. Kastem Texas—Fair, except showers In southwest portion tonight; warmer; Tuesday showers and warmer In south ern. fair In northern potion; light to fresh easterly winds on the coast. Western'Texas and Oklahoma—Fair tonight and Tuesday. Arkansas—Fair and wanner tonight; Tuesday fair. Boston. Nov. 23.—Following was the bid snd asked price nn Georgia Railway .and Filer trie Company today: Asked 73. market for preferred. LOCAL STOCKS AND BONDS 102% (Revised by Illllyer Investment Co.) „ , „ .. Bid. Asked. Atlanta St West Point R. R Atlanta Sc Weat Point debs.... 100 Atlanta 8%’s. coupon 92 Atlauts 4’a. 1933 coupon.. “ Atlanta 4%'a. 1922 coupon A., B. Sc A. R. 11... - d*. preferred.. 41 Augusta 4 s, 1933 102 Augusts Factory 77 Central Bank St Trust Corp'n. 120 Exposition Cottou Mills 225 330 Four Hi National Rank... 195 ?H> " “ 108 I® Georgia Ry. Sc Electric Co. i'a Meaboard Air Line do. preferred Mouth western R. R Dixie Cotton Mills Va.-Csr. Chein. preferred THE COFFEE MARKET. The following figures gives the opentug nnd elo— •- *■’— * - today: June July ..ot-.. August ... Hepteniber '5.8 October ... November . *mtier . ’losed Htesdy. Males ITT^/bagt.' ket this mottling, causing a reaction of o*.ore than n point in the Northern Pacific, Union Pacific and Amalgamated Copper. The decline vc nbled also by the attitude of pollticinns Washington, who show a disposition to 00 but nn nttenipt to tecufe a currency refor I'nlon Pacific fell from 112% to 111%: Nor ern Pacific from 108'To 106%, and Am militated from 48% to 47%. Missouri me roko 2 points because the ^Jjostma 8 milt. ___ ,2w miles nra daft* for trains. There wns h better Inquiry for bonds to day than for some time past. quickly rallied and showed net gains nt tha end of tbe first hour. Cotton was aliout bOr g hale higher. Lon don was Irregular. The premium on cur rency ranged at 1 nnd 1% per cent. After midday tho market was heavy, sagging with no very g!t»at volume of business, /but obvloualy with the ten dency all one wajr. Probably the lead ers on the floor who were very bear ish were the only ones In evidence. New York. Nov. 25.—The stock' market opened Irregular. Moo started 1% higher, «W Foundry mlvanced %. Air Brake %. Copper %, nnd In all Southern Pacific and Huit-lfing unchanged. New York Cen tral opened % lower. Reading, Pennsylva nia and Union Pacific down %. Steel com mon lost •% nnd Atchison %. At the end of ten minutes' -trading the general tone waa MONEY AND EXCHANGE. New York, Nov. 25.—Money on call 3<&10; time loans dull; 60-day bills 15; 90-day bills 20; six months 9 per cent. Posted rates: Sterling exchange 84.80&04r4.s750, with actual business In bankers' bills ut 84.862504.8635 for de- mund nnd 84.7004.7925 for 60-day bills. Prime mercantile paper nominal. London bar silver 26 8-8d. New York bur silver. 68 3-8c. Mexican dollars 46 l-2c. THE LONDON STOCK MARKET. Amalgamated Copper .. Anaconda Atchison ... M . . do. ’ preferred Baltimore Sc Ohio .. .. Chesapeake A Ohio .. .. Chicago Sc Great W. . Canadian Pacific .. .. Deliver Rio Grande .. do. pref Flrle F’lrat preferred ..... Second preferred .. .. Illinois Central Ksustis it Texss do. pref Louisville Sc Nashville.. Mexican Central Norfolk Sc Western .... hlhnfriphla A Rending. F’lrst preferred Second preferred Rock Island Hunt hern Pacific Mt. Paul Union Pacific .. .. . H. Hteel .. .. do. preferred ... . Wabash preferred ... , 14& >88 an 64 88% 87% 13 107}} !!!! si zi 1:#(I 1"W, MV il>« re»I .... ttlll «U •i-’*! m O’CONNOR BUYS DRY GOODS CO. Patrick O'i'ounort formerly a well known resident of Atlanta, who has recently lieen In business at Commerce. <1*., hsa bought out the stock of tbe Reid Dry Gooila Co. at the corner of Peters and West Fair streets and will return to Atlanta to do business under the name of the O'Connor Dry Goods Co. During his former residence lu Atlanta Mr. O'Connor was collected with the lead ing dry giMNls houses of the city, and mads a great circle of friends, who will welcome his return. At Commerce he smt-eeded well but decided to cinuc to Atlanta, where greater oiyairtunities were offered. New York. Boston. Chicago. Washington. Philadelphia Baltimore. Atlanta. New Orleans. San FrtTnclico. London. Th? American Audit Company, ICO Broadway, New York City. F. W. LAFRENTZ, C. P A., Pret. O. E. MANWARING, Vico Pr.a, THEO COCHEU, JR. Secretary. Tbe American Audit Company, chartored nndor me lawa of New York, (a empowered to czamlno tho affairs of, and mako report, upon the flnaa. clal condition of private and public concerns for directors, officers and la- dividual*. Tho preparation and Installing of systems a specialty. ATLANTA BRANCH. 1016-10JG-1017-1018 B\ ORTH NAT'L BANK BLDO. . 0. B. BIDWELL, Resident Manager. Telephone, Main 872. Cable Address, Amdit, Ntw York. MINING STOCKS. 6 INS 6 11 I IIVBR. ■ rsssivr . I I fir, «/, |F, 111 Ilia, Xevmlwr prompt U. Iraraoibcr ZWflVk, Ikxl.m. Xor. S.-NotIS Butt. JSli, Copper Jemmy 1* Route 6154, >slc Boy.l U. JOSGI’U A. U'COKD. Vlc. Pmld.se II. W. BYBR8, Aiiliun: CuhlM. Third National Bank Capital .... $200,000.00 Surplus and Profits $400,000.00 DR. A. XT. CALtlOCN. Mll.l ON DARGA.N. JOHN W. GRANT. II. V. M'COBD. X). Jl. A 6 JOSEPH A. M'COBD.