Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, November 30, 1907, Image 13

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DID NOT FOLLOW LIVERPOOL'S LEAD . v • '• • • • - Tl 'HK ATLANT A GEORGIAN AND NKWS. NEWS AND GOSSIP. Of the Fleecy Staple. SperUI to Thp (ScnrKlan (From Hayward, Vick k Clark.) ““ Barbu & Co, English Market Closed at Decline—Due 5 to 6 n , 1 2 tc 2ft point* uet devllno. Hpo! . dttl !l point higher; ndddlln* o.h». rati* 4.000, American 3.: and Import a w.ooo, incfudln. Points. gpOT 1 POINT HIGHER New York Opened Lower, Turned Strong, Closed 11 to 14 Points Higher. New York, NowM.—Conalderlnu the weak* hi of the cablet, the cotton market open* ( .,1 this niornln* very tteady. There wa* a rumor of atrouj? buying by Wall street In tereita on the call, which absorbed all the offering*. Some of the selling waa done by Interest* closely Identified with the recent Null pool In December, and It w** apparent that they had swung for a bear turn. ( mission houses quite generally reported good purchasing orders. Liverpool** lead was not followed by the Araerlcau markets Saturday. Advances of from 5 ,to 6 points were expected from that renter lu response, to the improvement In Xew York Friday, but Instead prlees trero ;• to Sfc points lower at the close. Spot wa» 1 point higher, but sales were very light at 4,000 bale*. The New York market opened easy, but slightly better titan due on cables, and sold „fr a point or two additional immediately after the call. It was noted by the sellers that offerings were readily absorbed and that the bulls wore buying more comb ilently than usual, which caused decided nervousness among the shorts. Their cov ering. added to tho -good buying by the hull elique, soon turned prices upward, the early VPPi. progressed, tin steady net 11 to 14 points higher, cropsrktiro port receipts i 1907. ittnrday 90.412 Total since Sept. 1 .. ..3,363,813 h>timated receipts Monday: 1906. 50,437 4,241,617 New Orleans .. 4.000 to 6,000 21,957 Galveston 14.000 to 15,000 27.347 1 louston _ ..........11,000 to 12,000 fcPOT COTTON MARKET. Liverpool, steady: middling 6.t9. Atlanta, firm; middling If 1*16. "''V '‘“t™ 1 , 1 " a..™, ineituiing loSSo* Ainerl- JJJgj ff'idcr, now dookot 177000, ol.l docket Brendt. Walker* and tin. ‘To- w ,‘* r , e *slklug 12c cotton at the MmmSI&t n, *V t - Thft y have switched sround during the .past wenk, taUHoMi 0 * 11 * “* be '"" 8 4"*« “ f » "liquidation In uear fenders likely/** ***»"*■ Ollier heavy if th C. Stltlfliggl p' Sltloil of K Th.°v^November 23, as made up by The New lork Financial Chronicle: This ijist Last Week. Week. Year. .3,657,546 3.7S3.031 4.355.081 .3.040.540 2,990.021 3.576,031 • 407.524 462.699 622.247 • M68.01W 4,090,664 5.686.972 857,922 823,126 1,149,786 Visible supply America u . . . In sight, week . Since Sent. 1 Fort stocks . . Fort receipts. . Export* .... Interior receipt* Interior shipments Interior stocks. Following is the Liverpool cotton stnte- ciit f— »*• *- *• ber 29; fSPl** the week ending Friday, Novrin- T” "i*y7. Week's Rule, ~w£~! 1906." uIcm . . . fli.too .16.000; ,1.000 American .! M.uai :»,<►:»! 13,000 rt .... . . i.SM l,4O0[ 1,400 Of which ... For export . .. For speculation Forwarded . fll5*ke ■ • . oav.uwi tan,wo] id,two Of which Atncrtcau.l MI.M0 436.I100 764.000 Actual export, ... a.ooul lO.OOol 9,000 rrwlpt. . . .l' 101.000 102,0001 141.000 Of. which American 18,000 137,000 107,000 Wnw «ap t 1 . . .! ooi,OOW1.112.000 1,103,000 Of which American.I 690.000 950,000 646,000 Htncka (float . . . 407,0001 471,000 330,000 Of which Amarlean.l 142.000 396,000 571,000 No evidence of lh|Uld,tlon hr the Wall atrect hull,. On tint contrary, they appear conndent, and have taken on more this morning. Hard to guage, as tho week-end statistics arc bull Mi and shorts are nervous Edited by Joseph B. Lively. MARKETS I Mr. Lively’s twenty-five years* experience of ed iting markets In Atlnuta I! and the South has made !j him a recognised au- I thorlty in hta specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAME OF STOCK. ■ xl-B: > r. V. £3 1 NAME OF STOCK. a 2 if o is s- << < u j *iji \ uaa II . . .. ' . 1 o .1 . Jugfir .., A morlcf uftn*l tlar.v Aui. I.ocomotlvc . , . do. nrtferred . . . . Am. Car Foundry. . American Cotton OH , Anaconda ...... Atchison do. preferred . . . . Atlantic C. Line. . • hwStlyn Rapid T.. Baltimore a Ohio Canadian Farlffc. Chicago & Alton. . Consolidated On*. . . . Central Leather do. preferred Colorado Foci k Iron .. Corn Produce. Colorado Southern Delaware & Hudson . . Denver* Rio Orat'd* . Distillers* Securities. - , brio do. preferred. . , * .. . General Electric Great Western lifln"«'l»a" 1 P,J \-.: Ipterboro do. preferred Kansas A Texas 1 Missouri Pacific. Tola! stock sales' today, 865.600 shares. ■wH Lad. . . . Norfolk A Western. Northern pacific. !*6>» 183*4 40^* Ontario k Western. Fmasylvanla. . . . Podtc Mall People’s Gas Co.. Pressed Steel Car. . Heading Rock Island Southern H do. preferred. . St. Paul Tenn. Coal k Iron. m | in _ 30?,; S1* B «I IP* w tin m Texas Pacific. Pm _ nlon Pacific, U. S. Rubber. mmM f erred. do. preferred , U. 8. Steel /. *rn Union. . Wabash. . . . . . do. preferred. r e» TIPS FLASHED. From Wall Street. parity New York, Nov. ... Americans In London mostly at Canadian Pacific v t . Eric %. aww ioi-k Central 64. Union Pacific K. Amalgamated \'i higher. Consols are strong and Hd higher at S3 for money, steel stocks in London arc fractionally lower. Secretary Cortolynu express himself as tveil pleased with tho improved conditions. , Mercantile agencies report Improvement In business. The coni roads have nhnwn but. slight , ..;gat Pilling off in business tuid are naturnllv first to recover, Reading In particular. Fries have been heavy sufferers. This accounted for by scrip dividend*. They are helling extremely low n« yet, amh fur ther advances are reasonably icftaln. Confidence Is being restore.! gradually and price* arc still m bargain figures. Ad- wlll hardly be checked at present. the short Interest ha* not been ellral- ltd! Ihe m NEW YORK. with little* for sale. Marsh, Mitchell and Merce* bought March ami t July A putting Mnrch through He. Mltcli- piHi, DutttofHMRVIMMiBHRP ell bid 11.02 for March. Davo Miller sold May at 11.11, tbluk for Weld. Kd Wchl and Dave Miller seljing on the Martin, of Kprlnga A Co., who are sup posed to trade for the crowd not abort, bought 10,000 May early and wanting more ver since ho stopped, sumption of American cotton this mcssoii at 12.COO.OtX), owing to crop failure* In Russia, India, Egypt and light weight of American bale*. Good looking around In the spot market, ut demand mostly for common staple anti not much offered, about 1-lCc higher. vannah, steady: middling 11. Augusta, firm; middling 11 M6. Mobile, firm: middling It 1-16. • 'harleston, steady: middling 10 13-16. Baltimore, nominal; middling 1114. Wilmington, ateady; middling Uj%. Boston, steady; middling 11." . r ling 12.06. Houston, steady; middling 11 7-16. Norfolk, steady; middling It 5-16.,^ Galveston, steady; middling 11 9-16. st. Louis, steady; middling IT 5-16. Investment. This easier condition lu finan cial affair* will also permit of a freer move, ment of cotton, and then It Is expected that heavy shipment* abroad will I»o * Cotton secui* to us to be a safe buy on tlm small recession*, which occur almost dally, scalping position Is taken, with the lug on the advance*, which nr«* sure to fol low before Christmas, we believe ho will reap hcudsoine profits. WORLD’S VISIBLE SUPPLY STATEMENT TODAY’S PORT RECEIPTS. Ihe following table shows receipts st the ports todsy, compared with the same day last year: . INTERIOR RECEIPTS. The following table shows receipts at the Interior towns today, compared with the day last year: HAYWARD, VICK <L CLARK'S DAILY.COTTON LETTER New Orleans, Nor. 30.—Liverpool made .w_ . ® v **"***-- * • going (mints -ontrary to conclusions. price* l higher. Hale# small, Hedge-selling against large purchase* ye** Jerdsy on our side and liquidation of job- r*luy markets have an eatablL.JV IP non for l»elng erratic. First trades here '"■* at 4 to 6 points odwn. The trading was narrow, and as bears made no move to sell, . t nigh. _ .. . log Inside of thsllrst half hour. New >ork WIT 1 ‘ T ndt. about a point more or less, which *ug irirted that some big short wa* covering. «nd this led to scalpers buying here and a farther advance to 11.10 for January. Lx* Secretary Hester’s statement of the world’s risible supply of cotton for the week ending November 29. made up from special cable and telegraphic advice*, com pares the figures of this week with Inst week, last year and th»‘ year before. It show* an luorease for the week Just fiflAfl nf kA FlII fii'iltmt nn Inci*i6fl** of 7!Ti9.. closed of 88,534, against nn Increase of 259, 260 last year and nn Increase of 130,036 year before last. The total visible la 3,813.770, against 3.727. 336 last week, 4,293.596 Inst year and 4.676,697 year before last. Of thl* the total . of American cottou I* 8,014,894. against 2,928,360 last week. 3,449,596 last yenr and 3,792,697 rear before last, aud of all other kinds. In- Following Is the range In cotton futures In New York today; H~ a Ls; Jan Feb.. . March. . iC :. June. . , July. . . August. llUilllil 11J3 U.28 ta75'10.M 10.78 10.90 .i; .. ,10.73 11 10.90| 10.96 10.90 ' 10.86111.06 10.82 ■0.93 11.12110.92 1 10.90? 10.90110.90 ll 10.9011.06110.87 | ,|1 10.03 a 10.904] 10.96-98 11.00-01 11.0646 10-11 Jl.06-06 11.04-06 10.95-96 10.77-79 10.68-85 lfip 90 98-99 I ).t3 93 10.90-91 10.11-83 LIVERPOOL. Following Is the opening range. 2 p. m. and close, compared to yesterday: Futures opened quiet and steady. Opening Previous Range. Close. Clos* ..5.95 6.91 5. ..5.82^-5.83 5.78U, 5. Nov. . , , Nov-Dec. ., Doc.-Jan. .. Jan.-Feb. .. Feb.-March.. March-Aprll ’lomtl quiet and steady. ...5.83 -5.78 ..5.87 -5.82 .,5.87*4-5.1 NEW ORLEANS. Following 1* tho range In cotton futures in D£n7“ Jan.. Fob.. March April. M‘.v. June. . . July- . . Closed s = 1= B ii| I- .■i II 11.08:11.09 um ii. ir 10.94ju.i9 u.ij[ih?7 u.3»!ii!ti B 10.96 ii* i i iilao H.fe|ll.68-0& 11.14 11.13-14 iV.ii iuf-19 11.20-21 S? 11:33 11.811 U.3144 ass 10.97-99 11.00-01 11.02-04 11.06-09 11.09-11 11.14-16 HESTER’S WEEKLY COTTON STATEMENT Secretary Hester's statement of Ihe move ment of cotton for the week ending Friday, November 22), shows a decrease In the move ment Into sight compared with the seven days ending this dnte last year.* In fouud figures, of 1O2.OU0, a decrease under the same •lays year before last of 76.000 and a de crease under the same lime In 1904 of 84,000. For the 29 day* of November the totals show n decrease under last year 462.000, a decrease under the same period year l»efore last of 287,000 and Isddnd the same time In 1904 of 432.00C the W days of the season that hate ear before last 906,000 and belliud 1904 I year 1,504.1 and 2,271,421 same tlurtr In 1904; f- The movement *lnce« Heptemleur 1.shows receipts at all Itotted Htate- imrta 2^1S,40L against 4,182,280 last rear, 3.965.298 year t>e< against .... last week. 846,000 last year and 884,000 year before last. The total world’s visible sguply of fritton as ulmve shows an increase n».:«rmred with last week of 88.534, a decrease rinpnn-d with last year' of 479.826 and n decrease compared with year itetofe Inst of 860,927. t,1... u-nulil', «'!■(* * * * above, there Is now afloat and held In Great Urltalu and continental Kurope 2.992,000, as against 2,060,000 last year and 2.1W.000 year before last; In Kicypt 185.GK), against 18V,oni) lust year, 419,000 yenr liefore Inst; ludla 289.00). against 343.1)00 last year nud 449,UX) year la-fore last, mid In the United States i.26n.oo), against 1.715,000 last year and 1,968,. OOO yea.r before last. SPINNERS’ TAKINGS AMERICAN COTTON spinners of the world as follows, numbers; This week 326,000 this year, .against 327,000 last year and 131.000 year before laat. Total since Hcptember 1 this year 2.858,000, mr a tid'822,000 tile year ]»eforc; Bout hern spinner* 718,000. again and "16,000 the ^ 4plnncr~ 1.619,000. against 1.607,00) Inst year and 1.746.000 the year; before. fore last and 4.437.443 same time In 1904. Overland across the Mississippi. Ohio and Potomac rivers to Northern mills and Can- lW4: Interior stooka In exess* w» mow unu at the clone of the commercial year 3»,019, against 453.359 last year, 607,960 year before last and 629.383 same time in 1904: Southern mills takings 706.000. against 717,432 last year, 704.890 year before last and 665,001 name time In 1904. These make the total movement for the 90 time In CABLES FROM EUROPE QUOTED DECLINES At Opening Wheat Lower, But Advanced On Good , Buying. ST. L0UI8 CASH QUOTATIONS. Wheat—No. 2 red winter ...96 fl97 Corn—No. 2 59ty Oats—No. 2 *48 ago, Nov. 30.—Wheat opened 140Hc this morning. The Humpcnn markets nt lower cables, price* ranging from Chlcai lower tl all sent lower cables, |,r,ixf ihukiiik UGHd lower. World s shipments are esti mated at 9.800,000 bushels. This amount In cludes but a small amount from Husain and the Danube, whe-reas last yenr these WEATHER REPORT. still. ■kiflti rrmWannu. likely to lie more and more specialised In the stork market now. and those who hove reasonable returns through acting suggestions contained * SHORTS COVERED IN A WILD MANNER Bank Statement Wa3 Ex pected to Show an Enor mous Gain in Cash. THE MAIN INFLUENCE Stocks Were Strong Entire Session, Closing at About the Highest. IBID these editorial for several day* will be wise not nil . , , H /, In the near future. The market had n fair rally; It Is undoubtedly entitled to more; we would not be surprised to sec It go higher, but we would not desert the conservative position. More st«»ek must Ih» liquidated aud Its absorption depends upon t the new shorts put , ink aitaat __ r „ out and the Increase of nhsorptlon for in vestment and speculation. Southern Pacific displays a strong upward tendency. The same may lie said of Rend- have been bullish for sav ing. on which rnl days. Union Pacific Is hulled by, tho best profes- well bought. The three Inst named ntocks have not yet entirely absorbed the offer ings—Union Pacific 115, Northern Pacific 110 and Great Northern 115 approximately. Amalgamated ought to tie able to gain on the shorts a little. The same may be said of Ktneltlug, though the latter will Kenctlonn will soon Atehlson dlsjilays no upward trend, but re would prefer to hoy ft on recessions. moved professionals will expert extension of movement. LONDON STOCK MARKET. WEATHER CONDITION*. The storm area ’that was centered lu northern Florida yesterday morning has pussed out to sea, while the lor area that was over Montana has moved southeast to central thl* morning near Ht. Louis. Tho high area remain* about stationary over the Rocky Mountain region. It* force ha* been greatly reduced by the advance of the northwestern area of low pressure. Rains have, been general lu the last 24 hours In Georgia, the t’arollnas, Florida, the upper MlaAt|tt| — it— --.r%v •-* -- glon. Minimum and Maximum Temperatures and Rainfall. ■no *ne imnunr. atrrea* issi year ines# 1 countries shipped 3,600,000 bushels. Decctn- ber deliveries are estlmntctl at from 1.000,000 to 2.000,OfK). Kxport demand Is slack. Wheat dosed **illH<- hlchsr; corn was up KQlc. oats *«c better and hog product** gained !2Mr^20e. time' lu year before last and 6,033,085 same 1904. Foreign exports for the week hare been .102.584, against 330.567- last yoar, making the total, thus far for th^ season 2,39i,664< Inst 2,629,318 last year, a decrease of _ WHEAT A Dw. .. 94ti May " July against «<,654. : the past 7 days show a decrease of ^,»w. ss compared with the corrcsmnidlng peritsl last year, and their total takings since Hep- teniber 1 have decreased 165,86m. The total takings of American -mills. North, 8outb and Unnadn. thus far for the season, have been 1.238,923. against 1.404.602 last year. These Include 520,737 by Northern spinners, against 676JS7. Houthern Interior centers have _ during the week 2,733 biles, against an In cress* during the '•orrespondlng perlml last season of 45.924, and are how 1*4,235 smaller than nt this date In 1906. Including atocks left over at ports nnd Interior towns from the last crop nnd the MOVEMENT OF COTTON DURING PAST WEEK, Following Is the statement of the raov< incut of cottou Into sight for the week and since Hcptember I. us com pi 1in I by .Super intendent King, of the New York cotton Wsskiy Movsment. This Li also supplied »«»nn> buying. Thcro Is a teudene.v now that haa gone up, to reduce ertd* vlewa gone up, .... .. , unduly and to talk nbont nn nbnormtlly <m«ll crop. Tbit u moat regrettable from the ntarnl Mot of a friend "to’sound advice and can only load to bad effect* through disappoint “**nt. The secretary of agriculture In his Ibanksglvlng report on economical pros- wys: ’’Commcrc'tl expectation*- nrc *bst tbs crop will bo the thin! one In slxe fjrr raised, and prove perceptibly larger d>au the average of crops for the rears, it will be sufficient, with the Wlus from last season, to suwply all re- inlremonts by spinners until ncxrlmrveat. !■« ^rop nreraxe for tho past five year* Is THE COFFEE MARKET. Tho following figures gives the opening and close lu the New \ork coffee range ana market today: Opening. }l*K00: Air. "Sellb’ oY lindon, estimates me couanmution of American cotton for this •••■nn at 12.600,000 owing to crop ‘failure to Russia. India, etc., aud the lighter wot^-ht of bales this year, abou* 244 per cent J x)ter in the session futures had a •lulok tumble back to lie, but bull buying liwvented further reaction*. •W York, Nov. 39.-J. H. Baohe k < 0.: £“ #f e was some realizing In !.lverp«v>l this Corning becanso of the strong market of jyiterday and foreign prices were easier. ,v ,r opening wa* a toady at a decline of •^"it 2 to 5 pdlnts, this being somewhat ,han dOQ on the cables. Later a I' r ? tl ”cr market on further short covering ? resumption of speculative buying fc^iftmtary to 10.13, March 11.05 nnd *** 11.12. The prospect of easier money ww *k It bringing nlwrot short covering Ififestmcnt punhase* of cotton. L" t ’ . ,--3; ^alcs 14.UJ0 bags, tor at thl* level cotton Is considered a good ijosed stea iy. Yei Port rtH*eIpts 333,320 Overland to mills and tan- ndn 20.000 •southern mill takings Gain of stoek. Interior town# 594 543,636 Brought Into sight for week.411,834 Total Crop Movement. This Last Year Year. Port receipts 3,2W9,122 4,301,682 overland to mills and Can- ^ IKaav , ada •Southern mill takings.. Stock nt interior town* excess of Hept. 1 In 326,297 447,861 from the new crop, 4,877,081, against 5,934,649 for t last year. COTTON SEED OIL MARKET. loly.'. ► . . . t’lostHl quiet but steady. Hale rels. ATLANTA OIL MARKET. The following quotations are passed m tusl tranMctlons: Prime crude, f. <1. .. mills. November prompt. 26H4f27, December Jnnuarr KVMWI. CHICAGO GRAIN MARKET. Following are the Chicago grain nnd pro visions quotations for today, compared with yvatsrday’a dost: Previous Open. High. Low, Close. Close. ... :: Eg CORN- Dec. .. 5488 May .. 65 July .. 54*i UAT*- M4' im m Poe y :: 6^ r -- 4&H May July PORK- Jim. ..12.69 May ..12.85 12.57« 12.86 Mny .. 7. BIBS— Jan. ... 6.67H May .. 6.82*% 6.92% m LIVERPOOL GRAIN MARKET. Wheat closed at ’iOH high) Corn closed St l W% hlgnei Abilene. . . , Amarillo. , , Asheville. . . ATLANTA. . Augusta. . . Birmingham. Bismarck. Boston. . . . Buffalo Charleston. , . . Charlotte. . . , Chicago Cincinnati. . . . Corpus Christ I. Davatiport. . . Dodge Kl Paso. . . . Fort Hmith. . . Galveston. . . . v lluron Jacksonville. . . Jupiter Kansas Llty. . Key West. Knoxville. . . l-o* Angeles. Macon. . . . Memphis. . . Meridian. . . Mobile. . . , Montgomery. Nashville. . . . New Orleans. New York. . , Norfolk. . . . , North Platte. . Omaha Palestine. . . Plttaburg. . . . Portland, Me. , or 1 land. Ore. CHICAGO CAR LOT6, The receipts of grain In car lots today nnd estimated nwelpts for Alonday nre us fol lows: I Today. Mofidsy. 36, Atlanta, Nov. 39.—Onr market bus shown THE SUGAR MARKET. Brought luto sight thus fnr.4,299,79*1 5,710,769 •Ksthunted. March April May . June . July -- August September - October .. - Pewmber ■ HAYWARD, VICK & CLARK, market steady. Fine greuniated iteii Refiners doing business on the old basts. The l.ondou sugar market unchanged. COTTON YARN PRICES CONTINUE TO DECLINE. New York Commercial: There appears to In* less of a Imttom to cotton yam prlees than at any time since the slump started In. Dealers here are dofug their utmost to un load stocks, and values seem to play very little part ns long as transaction* can la* put through. Yams made up from last year’s cotton are now being delivered on contracts placed sonic time ngo, nnd the owners of these are taking alnusit any price that buyer# will offer. In spite of this stocks continue to Increase, and the dlt- I’elery has been In. strong demnrtd at moderate |rrice», the quality very poor. We look for a better grade to arrive from Call- The curtailment plan 1 to be In full operation, — decreasing to any noticeable extent. Hpln- ner» are out of ihe market, and some sta that thee will remain out until after the COTTON, STOCKS, BONDS, COFFEE, Q ” A1N 0 A .^° PR0VISI0Na ’ Crond.l.t .nd Gr,vi.r SU. N«, Orl«n.. MEMBERS. ^ Brokin' AMOclJtiM. ffj" OH««D» jAttra Kt -hiatt. 52. OH«n« CilMfo Ro»rd, of Trtd#, «* \ork Cotton BxAm «2 Teit C»«« KicSoni-. . . ~t'_Cotton Bzobanjo. JJJLjJf'jlinbor, J.l»orpoc.l Cotton Asi o. ■stistoa Cotton BseSange. r'Kf'-S?T l f’orrcVpoD , l wti: Now \ ortr and Chlcafu c r CARRiNIfONi *■ «• BACHE a CO.; AND DARTLETT, »BIVATE WIRES TO ALL POINTS. first of the year. Many are refusing exon to quote price* of any sort. The markst at the present time is entirely In the hands of the dealers, nnd the price* quoted >o not represent actual rates* but only what sell- *r* will accept to get rid of fbeir stocks. Cloth Market Is Quiet, (juntatfous on Wednesday were Headier print cloths, although trading continues weak. The value of rrgaiara Is nominal so far as forwanl contract* *re concerned. On Wide gtssls there was little Interest shown of the money market*. There has b«eu an ubnndant supply of apples sold nt low prices owing to the lu- .. Kl „ »„ ferlor quality of the fruit. We have bon a eonnt of Rapid % silty. Ht. Loula. . . Ht. Haul. •. . . Hnn Francisco. Havamiah. . . rauips. Taylor. Thomnsrllle. Yh-ksbiirg. . WuNhlngiuti. Wilmington. —P^P T, 1 ndicnie* trace of min or snow. 54 J. B. MAHBI/'KY, Section Director. WEATHER FORECA8T. Washington, Nov. 80.—Weather •‘ondltiotis aud geiMTSI forecast: The southern disturbance has passnl the south coast In very inlld form and the rains have practically ended lu the aouth Atlantic states. The weather coiitlnnea fair over the western half of the country and Amalgamated Topper Anaconda Atehlson do. preferred Baltimore Nnd Ohio Chesapeake and Ohio Chicago and Great Western .. Canadian Pacific .. .. Denver Rio Grande ... ... do. preferred Erie First preferred Hecond preferred Illinois Central ... Kansu* nud Texas do. preferred , Louisville olid Nashvlllo Mexican Central , Norfolk and Western Northern Pacific , Nefc* York Central New York. Ontario and Western Pennsylvania Philadelphia and Bonding .. .. First preferred Hecond preferred Rock Island Southern Pacific Ht. Paul Hunt hern Railway do. preferred ... ... ... ... Union Pacific ... United States Hteel ... ... .. do. preferred .. ., .. . Wabash : ; do, preferred $ % wipe BY T. C. SHOTWELL. New York. Nor. 30.—In the expect a bank statement that would sho mous gain In cash, going far t.» the huge deficit that has existed, catno-d »u - tlrlty and strength In the stock market to day. Reading and Union Pacific were the lead ers. Even Hinelters Joined In the advance nud A inn Ign mated Copper was n close fol lower. The bond depnrtmsut was very strong. Rock Island, which sold last week at w. going above 50. The advnuee ws* also caused by the re sumption of work on several of the Western roads, where It lias been abandoned, and hy orders sent out by the Americsn Smelting nnd Refining Company to Its ngenis to ;»<• cept ores for treatment the same ns they were doing before the recent financial troubles began. The copper metal market was also reported to be In good ponditloti. A short Interest much huger ths.n expected was developed, and the shorts ran to rover In n wild manner. Many uf them have had their contracts outstanding for month* and their paper profits nre so enormous that thev nre perfectly reckless In buying stocks, n difference of n point or two making very little difference In tile profits. Bending sold at 89^ and Sr. Paul nt pnv In the first half hour of trading. Cotton was stronger. Wheat was practically unchanged. u-im linn ' •orb market wns firm. Cloning bids follow: S R/tILWAY STOCKS. (Honing; bid* follow: AtchlMon 72 3-4 do -preferred... 83 Baltimore and Ohio 8.3 1-2 Cumidluu Pacific ...1611-2 Chicago and Northwestern.. ..135 .1131-4 1-2 49 1-2 ..110 7- 73 1-4 MINING STOCKS. Iloston, Nov. .10.—Copper Bongo. 54; Utah, uitte, 40*4: Fruit, HO: Alouex, 24; Arlxonu- Comnion 10*14 to 11; Butte Coalition, 147«; Boston-Moluc, 136; Old Dominion, S; Bos ton Coiisolldstcfl, 11H; Qmncy, ft); Osceo la. 85. NEW YORK BANK STATEMENT. New York, Nov. 39.—The weekly state ment of the New York associated banks for i new reserve decreased $1,926,70**. Hpecle Increased w . . Iiogal tenders Increaseil $224,860, New deisialts Increased $.5.444,5*W. japOK— ». .’dilution Increased $2,862.4*10. United Htstes daposl/* $71,716,7*10, against »,469,p)0 last week. ^ Colorado Southern... Denver and Wo (1 randc... do preferred Krlo.. .. . ; Illinois Central Louisville nnd Nashville.. Manhattan "L" .. Mexican Central... ..... Missouri Pacific New York Central Pennsylvania Reading Rock Island... ... . A .. . do preferred St. Paul... Southern Pacific Southern Railway Union Pacific Wabash.. Interbotv*-Metro Great Northern... .;. Miscellaneous. Amalgamated Copper hr... American Car and Foundry’ American Locomotive .... American Cotton Oil -- .. American Smelting and Refining 72 3-4 Brooklyn Rapid Transit . Colorado Fuel and Iron . International Paper .. .. National Lead .. Pacific Mall Pressed Steel Car Sugar United States Steel .. .. do. preferred .. .. .. . Western Union .. .. .*. . Mackuy Companies Va.-Caro. Chemical, pfd.. 1-4 26 3-4 17 1-4 84 1-S MONEY AND EXCHANGE. New York, Nov. 36.—Time aud c: nothing doing. Sterling exchange tt.Slfa4.8750. tual business In bankers' hill* a 4.8075 for demand nnd $l.7975. /:, r4.8i» day bills. Prime it {.oridou bar silver 5784c. Mexican dol Prime mercantile paper. UNION SAVINGS BANK Assets $250,000.00 ' Commercial (checking) and Savings Deposits Solicited. Strong, Conservative and Experienced Management, ra Under State Supervision. A b oupervisi PER O&NT ■" On Savings Accounts ■ Late Honrs Saturdays for Savings Depositors. glut on Mine for the past three week*, but! moved from the British northwest to ccli the market seems to be clesnlug up and wo trsl Illinois. £ >k for advance prices and strong demand rough the comlug week. insnd for tlio coming holiday trade. ... present there Is «u over-supply of nude slrahle sixes, which Is selling low. but the desirable rises are meeting with resdy sale at $3 to 8? 25. Lemor.s continue about stationary In price, Turnip# are alow sale at Hie, caused by Onions are selling freely at 2c Cranlwrrim ,r, .Itclitly lo«,r. ,-IIIiik at rornlit lb. latt.r l'*rt of n»it w«t, wlifrh aitl n>U at atlramo iirlwa. Tb. mark.t ha, noon orpr.t<p*kp»l on Npw York arap*a. moip a.'lllo* at llo ami Kte per tiaak.t. tb. enoaataptlim llglit. Thp n.« prop nats are on tb. market ins prim raniinif hl*h. lot! jrpar’, prop ot mlxpfl out. wnllai at lirVi* 1 . Wp look for a v.rjr bparr deinaiHl on all linn iluring thp lomlng wppk, mol thlak that pripn on all vonmiodltloa will adrnnra lirfore Oevllulnr. CHRONICLE WEEKLY REPORT ON WEATHER. New York, Nov. Hf.—Cbronlclp'* weekly aUrh-n to u. by t.lMrapb from the South denote that rain baa fallen in moat loealUlpi during tlm week, aud that tba i.reelpltatlon haa been, rather beayy In portion, of Ala bama ami Mlwlf.lpp(. The wet weather ha. deleted to eoine extent the gathering of tlie'erop. whleb la nearing eoaipletloti In me dl.trlet.. The moyemeut of the erwp Wldo to market continue* on a lea* liberal nettle 5*4 eebts. than laat year. It I. deehiedl.v .-older In the Atlantic and degree, below the eeaaonal ayernge. In tho Mlaantirl olid the Mlaalaalppl yatleya anil the plain, .late. It la inneb wanner. The mid dle weat dlatnrbanre will continue It. rapid eaat-aoutheaatw.nl moretnent. < inning ruin. an<l anowa tonight In tbe middle Atlantic otnten nnd In the Inke region. I, the r.,tith the .weather will lie generally fair, except in North Cnrollnn, where rnln I. probable. It will lie warmer tonight In the middle aonth Atlnntle and eaat gulf atatea. Virginia-Rnln tonight: poaet... . tba mountains: warmer In tho Interior: Nun day rain: northeast to east winds, slowly tneren.lnr* 9 nerenslng. North Carolina—Itatn tonight and Sunday: warmer tonight: fresh |o brink northeast to east wind, on the enaat. Honth Cnrolltm tienertlly fair tonight nnd wanner: fnlr Htimlny: fresh sontheaat to eaat winds. tieorgln—Warmer tonight; Similar fair; warmer lu eastern pomow; fresh cast to south wlnda. Kastern Horldn—Fair tonight: warmer In eitrenie northern portion; Sunder fnlr and warmer In norrhern nml central portlonn; Western Florida, Alabama nnd HlloslKidppI -Fair and warmer tonight: Snndoj fair; '.•triable winds. NAVAL STORES. remlpts, UU; window glass. W.W: wnlerwhlte. PJ.P); X, K; M, K, H; l. tvr.: II. tl. F, K. Ks5ttW»: It. fch56-*t; f. II, A, n.TOflX Atlanta National Bank ATLANTA, GA. C. E. CURRIER, President. H. T. INMAN, Vice-Prealdent CEO. R. DONOVAN, Caihler. JAMES S. FLOYD, AlileUnt Cashier. Capital $500,000.00 Surplus and Undivided Profits $850,000.00 We Solicit Your Patronage. THE AUDIT COMPANY OF NEW YORK Th< Oldest and Foremost Corporation Engag'd in icceunlieg Bell Bhone 3309 Main. 1310 Candler Building. HARRY M. RICE Southern Manager. Edward Moy*e. Hugh F. McElroy. Loui» LichUnhtln. EDWARD MOYSE & CO., Cotton Brokers, 82 BEAVER ST., NEW YORK. MEMBERS--N«W York Cotton Exchange New Orlaan* Cotton Liverpool Cotton Asaociation. ORDERS SOLICITED FOR THE PURCHASE AND SALE OF COT TON FOR FUTURE DELIVERY. MARKET LETTER MAILED UPON REQUEST. CORRESPONDENCE INVITED.