The Atlanta Georgian. (Atlanta, GA.) 1906-1907, October 13, 1906, Image 15

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[HTML PRICES ...... York, Oct. 13.—There were 1 heavy orders to buy at the open- t. of the cotton exchange and lirnt f* ' wer e firm at an advance of fi rnlnte. This upturn was consld ... greater than expected on cable* advance Invited profit-taking and - was a quick reaction after the n followed Immediately by a second jl; due to purchasing by Investors- st weather In sections of the belt. SPOT COTTON MARKET. I Urrrpeol easier, at 6.33d; sales 6,000 |3"vArk!"ufet“at 1 lX.90c. I v e w Orleans, hmi at 113-16c. [ Norfolk, drni at 11‘ic. todays port receipts, , following table shows receipts nt tbs * {oday, compared with the same day year: bivanonb . ,_*r!f*ton . [Total (Incomplete) 1906 6229 2SW 11*2.: M14 1926 sir 12904 1411 2894 4612 INTERIOR MOVEMENT. I The following tnb»e shown receipts nt the Vttrlor towns today, compared with tb» Cue day last year: Houston • • • • iBguitn • • • • < •mphla •••••• ,w Louli •••••• hnclnnatl • « • « ■ Total . 30340 ’ Honda: 16780 |M1 1287 24963 I Eitlaiated Receipts Monday— ■ I Now Orleans expects 11,500 to 13,600 ■plait 6.642 actual fast year; Galveston 26,- s to 27,000, against 11,6«S actual last yaar; Mtcn 18,600 to 19,600, against 17,657 actual Fjcar. ,J. ANDERSON A CO.’S COTTON LETTER I New York, Oct. 13.—In view of the Bntfnusd unsettled weather conditions lad tho seeming wide difference of Ipinlon as to the probable yield In lome parts of the belt, ahorts in the lotton market today were not Inclined a hold their accounts open over the fundty Interval, and buying for these lecounts served to bring about a firm jullng. On the higher levels, however, [here was considerable profit-taking, the liquidation caused reactions am the top. Still up to the cloee re was a firm tone and *much cot coming out was quickly taken by Strong Interests. The week-end sta- pstics showed that farmers are putting all their time gathering fhe crop, id that consequently the movement not as large as It might be under :her circumstances. An increase In he receipts, however. Is still predicted n conservative quarters, as private telegrams denote that cotton Is now Accumulating at Interior points. The pot market continues firm; but close bservers claim that consumers are buying only on the recessions, and they are taking only enough for Im- nedUtte requirement* relying on their leaerves to carry them until predic tions made on the crop jare verified. The speculative market promises to continue to be aKscted by weather (ondltlons and these should be care- regarded. ' THE ATLANTA GEORGIAN. SATt'ItDAY, OCTOBER 13, Ifni NEWS AND GOSSIP Of the Fleecy Staple. rr >vate Wlro to Ware £ belaud. sS“ 'SrneirW fiR* ATS & CabJe* are about as expected. The weatb- flr ., •?< Mn P Ik* nil right. sJ^# oUo l - . position of £? tSL °‘ , . tolker 1 12 * «■ made np by Tho New York Financial Chronicle: This least least ... • Week. Week. Year. Visible supply 2,342,41* 2,140,2tta 2*11.406 .1.600,411 1,3*7,2S0 2675,401 1,780.606 1,315,147 2,145.716 Edited by Joseph B. Lively MARKETS Mr. Urely’i twenty-fir© years* experience of ©*!• It [tig markets In Attaa fa and the South has made him n recognized au thority in bis specialty. TIPS FLASHED From Wall Street stock „ Export.. ., .. Interior receipts, lut. shipments. Int. stocks. . . 496.694 941,069 676,079 888,442 450.711 223,148 20Q.034 190,177 196,716 2484** 138.146 946,990 The Chronicle westher report: Reports by telegraph from the Soutu denote that over the greater port of the cotton l»elt the tempera tore has l»een much lower, with frost reported In many localities. In portions of the Atlantic states aud north- Alabama, damage is claimed to hnv * frott The ralllfcU derate, ns a rnle, and, iere baa i>een no pre „ .Ins made better prog ress qplte generally, and the marketing of the crop is on a more liberal scale. DOWNWARD MOVEMENT WAS VERY MODERATE New York, Oct. 18:—The 8un nays: “Clear and wanner weather In parts or the South and heavy liquidation In whnt looked like overbought markets in New York. New Or- Ioann and Liverpool, not to meutlon others, brought about a decline. It was no great decline measured by the recent advance. In fact the downward reaction was so mod erate as to suggest to some Inherent strength rather than weakness. But as It Is a weather market nothing was more nat ural than to see heavy realising of profits lu all the big speculative centers of the world, especially as there are signs that the demand for the actual cotton la diniln- affair, especially as I • igo nns i)con aone in Hug frost. The South bought to sotns extent on tbo decline. So did Liverpool, and commission houses exe cuted a good many buying orders for pco- New Orleans, Oct. 13.—The Tlmes-Demo- emt says! “Manipulators made the most of yesterday's very logical reaction, nil of which encouraged a partial return of bear ish hope, but did not seem to l»otber the analytical bull a bit. It will probably be found that the bears have a hard task ahead of them If they are tor rely upon re- convincing the world that a monster Yield is assured, even after the advent or ab normally early frost. On the other hand, bad weather, a disappointing movement and continued active demand ror the nctnal stuff must help the bull cause along in the III me worm, mchuwiiiic, mo wrauirr u»- day may exert a powerful Influence ou the Immediate course of the market. Rain would play havoc with bearish hopes. Hun shine would put bulls MtiareJy on tbe de fensive. The week-end statistical tabula tions favor both factions.'’—tilbert & Clay. GIBERT A CLAY’8 DAILY COTTON LETTER, RANGE OF NEW YORK STOCKS AND COTTON MARKETS * NAME OF STOCK. Atlantic Coast L American Hugur lief, Anacouda American Locomotive.. An&: bW : :: ; . do. preferred. . . . American Cotton Oil. . Anier. Car Fuundry.., Baltimore It Oblo. . .. B rout Ira ltspld Trea.. Canadian l'eclfic. . . . Chic. & Nortbw.6t.ru.. CbtuMAk* * Oblo. .. Colorado Furl ic Iron.. Central Leather Chic?' Chic., „ ol ,. r , . . 4 H"d.on.,. Distiller's S * curl:,e *' * • do,'preferred.* .*.*.*! Genwil Electric. . . . Illinois Central. .... Amer. je. Kcenrltle*... Vful.rdle & Nai-rlllc.. Mexican Central Missouri Pacific. .... NAMR OF STOCK. Northern Pacific. . . . New York Central, . • Norfolk & Western. , • Pennsylvania. ..... People's das Pressed Steel Cor. , . do. preferred. • , . r.’iclflc Mall. Bending Republic Steel. , , _ . Rock Islnud I do. preferred. . . . United States Rubber* do. preferred. , . . Southern Pacific. . , • Southern Railway. . . _ <to. preferred. . . ►- SIoss-ShelTleld. ..... 6 UI77U l aciur. * . . . • ulted States Steel. . . do. preferred. . . . Vn.-Car. Chemical. . • do. preferred. . . . Western Union. .... Wabash. ....... , do. preferred. . . . Wisconsin Central., a do. preferred. .*. . 1 VP 64 jR Private Wire to Oibert , & t.ay. New York, Oct. 13. —Dnnlvl Odell & Co.: May have some Irregularity today on even ing up by traders, Adhere to buying only •lid taking moderate profits v— padfr ic Co.: The strength of c«*rtain groups like Steel and trunk lines Is extremely reassuring, suil in these direc tions, nt least, We believe operations will prove (wife. There are so many reports in circulation, however, that disappointment may make tho market spotted, aud polities may at any time invade the sl'unUoti In u definite way. New York Financial Bureau: “Technical points support bullish tips for a turn on Brooklyn Rapid Transit. We 1»e!levc In buying L'ulun Pacific on this reaction when ever weak. Pennsylvania meets stock on this level when stroug, and we wonid r© frnln from buying It. except ou recessions. Bull tips on itendlug are strong, but the stock referred to lust almve 164 in not yet entirely taken, but should it * * - * YU nee is likely. The trend tluues strongly upward. Investment imy- lug is reported in the preferre<! Issue, we “ ----- • on Lo,,!,. „ ^ — and Ohio for good reasons. Amalgamated should Ik* bought whanover soft, ss Its turn will soon come iu the up-swltig. Smelters may be iKMight for turns still ou recessions, sup port appearing Just below 159. Is lielng prepared for a drive agi aborts, According to a specialist, f position is stronger technically. TWO EXCEPTIONS NEW YO^K. «ct Nov. . . . Pec. . . . Jan. . . . Feb. . . . Mch. . . . May . . . 11.1s Closed steady. it i ill i ia 10.93 lhoi U8i n Wlll.08-06ll0.87- IL07 11.09 11.07 lU'iil.'C 11.07 11.0 lUC 11.0! ILOB^teS .04-06 10.8648 _ t „,01-(l9|10.8142 11.08 11.0647 10.87-9M 11.15-17 10.97-D9 11.^11.21-2211. W-06 11.27]11,26-27 11.10-12 (1L29-311L12-14 ll.g| 11,33-35111.16-17 LIVERPOOL^ Tb# following table gives the openlag c?o»? atta C wltb yesterdsy s Futures opehe<1 firm. Opeufng Previous - . , Range. Close, Cloee. 6.91 -6.93 6.90 6.02 “ “ “ 6.99 6.97 6.88 6.92 6.87 5.92 6.89 6.93 6.91 6.95 6.92% 6.97 6.94 5.98% 6.96% 6.01% 6.97 U03 Oct.*Nov. Nov.-I>ec. Bee.-Jan.. .. Jan.-Feb. . . Feb.-March. March-Afirll. *.648 ..683 ■■is .5.891* NEW ORLEANS. Tb, followlnx I. tbrt rang, la cotton fa- tiirw In .VtMv Orlfoni twlor Jnue-Julg. THE WEATHER. LOCAL FORECAST. FOR ATLANTA AND VICIMTY-F.tr and wnrmor tonight nud Bnnditjr. weatherTorecast. WARE & LELAND’S • DAILY COTTON LETTER. N«w Orloans, Oct. IS.-—Option* were Influenced In the Liverpool market by the unfavorable condition of the weath er In the IVe.tem belt. Final prices were 4 polnta higher, while .pot quota tion. lost 12 points, 5,000 bales having been sold. Today's map was cisch- tlally unfavorable, and opening prices gave unmistakable, evidence of tho con cern that affects the trade when wreath er conditions are discouraging. Indl cations are'general that rains and showers will fall over those portions of tbe Western belt that have but late ly emerged from a cold'wave of dam aging seventy. Needless to say, the gain In sentiment favorable to higher J New York, Oct.13.—The cotton mar- let today was sensitive- to a degree. prices, should the forecast be reallted, Iral .oiling, the decline In prices led I enough short covering In Liverpool > turn nn opening decline of Id polnjb broad to a net loe* of only 4 points lor the day. This started short cover- rr In the local market at the opening, Jnd before the end of the first hour, January had sold up to ILK, an ad- — of about 10 points from last . closing. Just before the cloee riling caused a loss of 10 points, but here seemed to be considerable de pend for cotton, and the net recovery [mounted to about 20 polnta. The perket moved around In a very erratic penion. with profoeelonala making pery effort to foree the market up, •it cotton (earned to be encountered, ' else there was not enough general talness to taka the cotton oft tho -ads of buyers, and the result was a ry feverish undertone. Rains were |redicted for some sect • is, and com- i °n top of the recent bad weather, i would be a very serious menace to on In the fields. Everything de fends upon the ftup Monday, and clear, perm weather would lead to another ptbaik. On the other hand, an unfa- IjrabJe weather map would undoubt ]oi>' carry prices higher than ever. NEW YORK COFFEE MARKET. |5'i>ll»wtng Is the opening range nnd eloee If hie New York coffee market for to- would be conelderable and would ma tcrtally aid In the advancement of valuee. While reactions may from time to time occur, there Is a strong be lief prevalent that, the damage that must of necessity have occurred to tbe crop from the advene conditions of late will prove to have been very con elderable, and that present prices un der the clrcumstancee are fully Justi fied. WORLD’S VISIBLE SUPPLY STATEMENT ehowe sn Increase for the week Just closed of 193,518, sgnlnst nn Incrrsee of 225.768 last year nnd nn In crense of 272859 year liefore last. The total visible Is 2144.848, against 2 - 1,471 Inst year nnd 2, ..st. Of thin, the to. t.l of American eetton Is 1,6*.648, against Rang*. Close. ..6.60-4.61 2454.59 *2454.75 at? 8.70-6, ..6404.90 6.904.' ..640-7.00 O.K-4. . .190-7.00 0.904. * v.;\V r , N'**tll.H*r i‘*l Ini rely atendy. ..6.494.43 ,.6.404.60 .6.464.60 1364.40 1404.46 1404.46 CC7TON SEED OIL MARKET. Clo«#. "'“‘I* 39 40 wnliar 34*^-g% W r-/ .... .... .... »... e.ee ...e H *99% I KovembeVg* #V; ioo* Nnrrmlw, 10» Hecember, 33%; 600 January, 32%; 300 klnila. luol 786,000, ' year, ai l year neiore ia«, Inoludlnc Ksypt, hi aeilnat 768,000 last n<V 499.000 year lief or pt, Braall. India, etc., Inst week, 737,000 last year before last. The world’s visible supply of cotton ns above shows sn Increete i-onipared with Inst week of 182518. s deereeeo compared with last year of W 844. on.l a decrease compered with year before loot of 7t,W3, Of tko world’s visible eapnly of cotton — nnd Mid two year before lest; in Keypt 620P0 Inst year aud 72.0CM yenrliefnre last; lu India A».000. ngalimt 433.000 lest yenr and 225.000 year before Inst; nnd In United Ktstee 712000. sgslnst 1.360,0W year and 084,000 year |iefore last. SPINNERS’ TAKINGS AMERICAN COTTON Secretary Heeler slves the taking, of American cotton by spinners of tbe world as ,< ThTe , 'weok 237,000 this year ngalnit 5J2- 10 Inst year, nnd 225.000 year'before !•«. Total nine, SentemlH-r 1, thin rear LOR, 000, against 1,147,000 last year, and SB,000 tho r< Of this Northern splnnore nnd Canedn took 107.000 iHrfes tkls yenr. sgslnst 1*2.000 Inst yenr end WtOOO the F«er twMr..ev: Houkh- eni spinners 101.000, against 2fS.OOO lest y*wr. end S2000 lbs year before; end foreign GIBERT A CLAY “ Alabama at. STOCK,, BONOS. COTTON. CRAtN. COFFCE. PROVISIONS ATLANTA. 04. i Doard of Trade. Georgia—Fair and warmer Batnrday; (tun- day Increasing cloudiness aud wanner; fresh itortUraitt Wluils. IjOulMtuiin—Fnlr anti warmer Satarda, Sutulay ihowcri; fresh southeast to soul winds. West Florida, Alabama and Mlftslsslppl— Fair and warmer Haturdar; Sunday purtiy and Sunday; fresh southeast to east winds. West Texas slid Arkansan—Fair Hatur* WEATHER CONDITIONS. Warmer weather prerails this morning over all the country east of the ltocklea ex cept New England nnd northern New York, which sections are now under the iufluonct* of tbe cold ware. Frost occurred the eastern portion of the pottoh temperature being as low as 90 degrees at Spartanburg, H. C. The baromoter Is lower orer Texas with s storm renter near Amnrilio. TIus Another high pressure area la central orer .he northern plateau region, causing frost and freexlng temperatures In that section. Conditions favor fair nnd warmer weather In this section tonlirht nnd Sunday. COTTON REGION BULLETIN. For the 24 hour* ending nt 8 a. of.. Toth meridian time, Oetolier 11 1908. CASH DEMAND GOOD, OFFERINGS SMALL Chicago, Oct. 13.—The buying power In wheat wan excellent. Prices closed 1-406-8 cent higher for the day. The leading Influences were the excellent cash demand and small offerings, the fears of damage to the crop fn the Ar gentine and the liberal clearances for the day. Corn closed V4@3-8c. high./ and strong, with shorts the leadhir buy ers. Oats were 1-I01-4C. higher to un changed. Provisions fractionally better. Primary receipts of wheat 1,075,000, and corn 450,000 bushels, compared with 1,176,000 and 386,000 bushels re spectively a year ago. Clearances were 061,000 buahels wheat, 124,000 bushels corn and 20,000 bushels oats. Cash sales were 20,000 bushels wheat, 55,000 bushels com and 75,000 bushels oats at Chicago; five loads wheat, five loade com nnd 150,000 bushels oats at the seaboard. (lot. Nov. Dec. inn. Feb. Me h. May I II ILWill: 11.37) 11.8211.88 CobimI steady. jL»-a)|U.0O ..11.17-19110.8849 11.20 11.20 ■ 11.90 11.29-89 11.94-36 11.49 11.49-60 11.80 11J949 11.6446 11.70-71 10.9041 lLOo-tt 11.06-07 H.f < : 0 11.8940 U.94-96 11.33-40 CHICAGO GRAIN MARKET. ICsAi — 8* &» B* SS SS . _RN— I>«* 42 42% 42 42% fc ss ,$ SS $ Columbus, dear Gainesville, dear Greenville, dear , Griffin, dear . . , •Macon, dear . # Moutlcello, dear Newnnn ( dear Home, „ daar Toeeoa. clear . . . West l'oint, clear ■ Minimum tempemturea are for u, cicnr twdva-boar period eudlug at 8 a. m. this date. LIGHT FROBTfl. , Rome. Ga.: Albany. Ga.j Amtrlcus, On. Bt. George, K. C.: Yeniossee, 8. C.J CheraW, H. C.j Florence, 8. C.j Decatur, Ala*; * — bcrtei), N. C.j Newliem, N. C. ifEAVY FROSTS. Goldsboro, N. Weldon, N. C. Atlanta . . , Augusta . . . Charleston . , Galveston . . [Jttle Rock . Memphis . . , Mobile . . . Montgomery New Orleans Oklahoma . . Savaiiniili . . Vicksburg . . Wilmington Dlft. Averages. rainfall. 1’ indicates 1 U, VlWSlX*RKsT Decidedly higher tempera Vires prevailed In All portions of belt during the past 24 hours. Light frosrformed in the Carolina*, eastern and northern Georgia and northarn Alaltanm; killing frost was reported at Do- eatnr, Ala. Light rain fell In Galveston dis trict; elsewhere the weather woi generally dear. Block Exchtnfe.|New Orloana Cotton lork Cotton Exchange.f.NVn* Orleans Stock York Coffee Bxchange.|New Orleans Board . Private Wire* to all Exchanges. Lecal and Long Distanoe Telephone 5298. W. R. FAGAN. Mananarw Exrhanle.jUrerpSorCetton Association of Trade.!Galveston Cotton Exchange ALONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone. Main 858. ATLANTA. GEORGIA. COTTON MOVEMENT DURING PAST WEEK ,b» following Is the weekly and total movement of mttou Into sight ss compiled hr Ruperintendeut King, of the New xorfc Cotton ~&A-WEMENT. f Thin Yenr. Mat Yenr Port rwolpts 8424*4 847.M2 Ovrrlnnfl to mill, nnd Cnn- , ndn H.W H.«* Konth.rn mill takings (eetl- \ mated) . : 51,600 48,000 Oaln of (took et Interior towns -4-4L5 428M Bronyht Into eight for the wreck 434.290 462,17a TOTAL CHOP MOVEMENT. Thla Year laiat Year Port reeiHpta 1.8M,7*7 1,8*2,03* Overland to lallla and Canada 24J55 28,470 Houtbem mill takings (et- ^ ma ted > 267,000 251,000 Block st Interior towns In excess of Heptember 1. . 110,666 199,999 Brought Info sight fhos fsr for sen eon , . L747,44 7 2.13J.4U July.... FORK- LARD- Oct..,. 9.20 Nov..., 8.8S Jim.... 9.45 BIDES— Oct... Jan..., 7.42% ATLANTA MARKETS. FRUITS AND PRODUCE. Offirlailr correctea by Atlanta Fruit sod Pro*luce Exchange. Lemons, 67.60. Limes. 601678**. 1’lneapplcs, 99.6004.00. Bananas, straight*, me bunch, 9L6902.7& Culls, ner bnnrb. Sl.Qlwl.21 CALIFORNIA PKUIT-Fancy stock: Nmerta peaches, per box. 91.60. _ Mountain Bartlett penrs^per box. 99.29. Si grup***, per crale,°6100. f'octxumta, ner sack, 94.33 l'ODLTKY AND CODNTltV WODUCB- Llvo hens, 4O042%c; fries, 2f%09Oo; broil- #r ?>rcssed^rte», 18030c pound. Dress**d hens, per pound, 14016c. Lire ducks, rekla. puddle. 25027%-. Eggs, (»er dozen, 22022c. Butter, table, ner pound. 2O022%c; cook* lug. per pound, 12%015c, Honey, new, 6010c pound; In ont-poand racks. 10019c. * M VEQKTA BLEB—I rlib notafot*. So. t •took, per bushel, .95091.00. ^Cabbage (Virginia), l%c pound; Danish New sediet potatoes, 654875c baehe’. Krnut. H-barrel, 82.75 FLOUR, GRAIN. PROVISIONS. FLOlill-Pnatern rat,nt *6.00; Diamond patent. 15.25; MaacouUu Star. M.70; fancy Imtent. 14.60; Bed Earl,. 14.15; Blna Itlbnon. n.*0; fancy, *3.90; spring wueet paten;, *5.») ’ ; OI1N-Cholrr r«l roll. 70c; No. 3 white, OSr; No. 2 yellow, 68c; mixed 07r. OATH—Choice white rllpned, 49c; No. 3 white 48c; No. 2 mixed, 47c; Texas ruat- proof. 60c. MEAl^Jplaln watev-orowno, ear huahri 67e; holtetl, 140-pound Jutea per liuahel, <2e; Kborta. white. I1.W: metflnm. IL40: brow* tl.25; pure hren, 81.20; mlxnl bran, 51.15. HAY—Timothy, choice larro bale*, Jt.15; do., choice amall halea. *1.10: do., No. 1 timothy bales, *1.06,- No. 2. J1.00; do.. No. L rloevr mixed 8LOO; do. No. 2 ciover mixed, 51.00: choice Bcrntada, 80c. ltYE_—Georgia, 3L10; Tenneanee, *0c. Dir. ^h^ubore prfcea are f. o. b. Atlanta, GROCERIES. RI’OAIt—Ptnndard granulated, 83.M. New York rrdned, 4He; piautatlone, Ic. ifarkrt COFFEl^noaated Arhnckla’a 114.50. hulk, In liaga o. barrcla, lie; green, 1145 BICE—4.'arollnn grade. New crop wl CHEEBE-Fanr r Afronger technically. Stork Is offering a I hi #180. Low-price*! stocks, ltock Island, Honfflorn Railway, Car Foundry, Denver. Uw*t Sugar, Biscuit and Wabash preferred should not be overlooked. HESTER’S WEEKLY COTTON STATEMENT Secretary Hester. In his statement of the movement of cotton Into sight for the w»*ek ending Friday. October 12. shows an in create, M “ 1mm endluff ._ r _ urea of 700, a decrease under same dsyt of year before last of 61,000, find ail lucrease tbe same time In 1903 of 62,000. For the first twelvo days of October, the total# show an Increase orer Inst year of 7,000, a decrease under the same period year liefore last of 134,000. an Incrttsa over the tame time lit 1903 of 12$,0i)0. For the forty-two days of tbe season that have elapsed the aggregate Is behind the forty-two days of last year 811.000. behind the same days of rear twfore last of 499,- 000, and ahead of IMS by 975,000. Tbe amount brought Into sight daring the past week bs* been 439J43 bales, against 452,161 for tbe seven days ending this date last year, 514A15 yaar before last and 391,898 same time In 1903. and for the twelve days of October It has been 761,600. against 777.893 last year, 916,04 jear before last aud 566,718 same time In The movement since September 1 show* receipts at all United States porta 1,940,- 809. agaiast 1,531,729 last year, 1.746,199 year liefore tost, and 1,041,042 tame time In 1909. Overland across the Mlpelaalppl, Ohio and IVitomac rivers to northern mills and Can ada 94,122, against 28,06 last year, 40,074 94,122, against 28,636 last year, yenr before last nod 24,667 same Gate in 1909: Interior stocks in excess of those held at the close of the commercial year 109.196, against 210.699 last year. 944,316 year before last and 142,696 same time lu 1908: south ern mills takings 297.000, against-291,771 last year. 269,470 year before tost and 201,266 ime time In 1906. These rnnke the total movement for the forty-two days of the season from Hsptera- Iwsr 1 to date 1,782,128. against 2,092,894 Inst year, 2.280.900 rear before last and 1.406,961 line time In 1903. Foreign exporta for the week have* been 241,762. against 161,070 tost year, — the total thns far for the eeasa.. against 829,789 last year, a decrease Northern mills taking and Canada during •c past seven dnye show a decrease or ..V4, ae compared with the corresponding period tost yenr, and their total takings since September 1 have decreased 21,347. The total takings of American mills, nqtth, south and C’nnadn, thus far for the season t 4R7.Q72 last year. northern spinner*, against 191, £25. Stocks ntt he seaboard and the twenty- log period tost season “ny 437,919 smaller tha <*. : - V Including stocks left over nt ports and Interior towns from tha tost crop and the number of hates brought Into sight thus TO OPENING SLUMP New York, Oct. t*.—The decline on the Mot k ■xi'hnr.KK v.ao not even momentarily checned on the appear ance of the bunk llgurea, which snow ed, ;o expected, u decide,I Improxu- ment In reserve position on the week. Although loans have Increased J13,3uo,- 001) In consequence of the transfer of credits from Europe to thla morning, the Increase of *8,500,000 In cash hold ings much, more than aufllced as an oft set, and surplus reserve rose **,601,000. The stock market's complete lndltfer- ence To the bank returns furnlehed, of course, another proof that money ques tions tiro no longer playing on active part on the stock exchange. The closing was heavy and only slightly above the lowest of the day. At the opening of the stock market, with the exception of Southern Paclltc and Smelting, which gained 1-8, Initial R rices were lower to the extreme of 1-3 f General Electric. Amalgamated. Reading Union Pacific and tinItlmoru nnd OnTo lost 3-8 and Atchison 1-4. The steel shares and Chesapeake and Ohio were unchanged. Price movements In, the first hour were almost all downward. The Inter ests that have been active on the bull side In many Issues Continued the sell ing started yesterday. Traders Joined In profit-taking and liquidating and of fered almost every active Issue at some concessions. At the lowest range prac tically alt the offers were by room traders and they were quick to change their position as soon as any demand appeared. Government bonds unchanged. Oth er bonds Arm. LONDON STOCK MARKET. 8T0CKB— Amalgamated Ooppsr. . . . Anaconda Atchison Ilaltlmors and Ohio. „ j£^S3 d MbT.: jOUlivtU, and NmshVliie.. ,, Illinois Central Mexican Central.. .. .. .. MDaourl. Kanaaa and Text... ■n, preferred.. .. i. .. .. ..... York Central.. .. .. Northern Pacific .. Norfolk and Weatern 'ennaylTinlt.. «»»«.. *rto::vt“7 : konfhern I-nrlfle Union Paetnc.. .. .. .. , United State! Steal do, preferred.. .. .. .. Wshssh do. preferred.. .. .. .. , Denver and Bio Grande.. . . Norfolk and Western Hr! .. -jPT ( twins. 14%<*. Market strong. nai 4%07%<\ according will arrivt In two w*** full cream dairy, : PIlOVIHIONg—Kama JJfc.Bg. Dry salt extra rib*, 0.50 J. T. JIOLLBMAN, President. F. J. FAXON. Vice-President. W. L KEMP. Treasurer. J. W. ANDREWS, Secretary. UNION SAVINGS BANK Four Per Cent Inter est Paid on Deposits ASSETS $150,000.00 One dollar starts an account. Hourai 9 a. m. to 6 p. m. Sat urdays tiff 9 o'clock at night. DIRECTORS t TII08. J. PEEPLB8. W. B. STOVALL, y. J. I'AXON. W. O. FOOTE. J. T. IlOLLKMAN CLYDE BU00K8.J. M. JOHNSON. homo, i6%c. Cross hams, 26c. Dry nan raua tu«, w.«u, . 910.60f_r*t back*, 9c: ptorea bellies. 294 lb*.. so; Supreme lai — , Snow Drift compound, »%c; lied Croat,; NEW YORK BANK STATEMENT. The weekly statement ef the New York Bank Association shows tha following changes: States deposit. Legal tenders.. Increase. Decrease. 13,601,276 .... L'blted .; .!:&:«» :.v; .. 10,427,230 .... SOUTHERN EXCHANGE Oldest Established Office South. conos STOCKS—BOROS—GRAIN Ground Floor Gould Building. Dally market letter and market manual mallsd on application. L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, 6RAIN Correspondent's Capital $250,000 REFERCNCC. THE NEAL DANK PHONE 1417. PRUDENTIAL BLOC HUBBARDBROS & CO., mXants Atlanta Office*, 219-221 Century Building. Member, New York Cotton Exchange, New Or leans Cotton Exchange, Liverpool Cotton Asio- ciation, Chicago Board of Trade, New York Cof fee Exchange, New York Produce Exchange. Business solicited for the above exchange*. Direct wire acrvlce. Correspondence invited. Phones 454. Long Distance 39. A.S. Hustace. Mgr. STOCKS REVIEWED BY NEW YOR KSTJN New York, Oct U.—Tbo Sun aaya: “A, neither ndranesa nor decline. In any nave one or two stock* ware at all notable, and at the total rolnmo of transactions fall off by one-third a, compared with that of Thursday, tho day's market waa on tho whole a dull nnd apathetic affair. Its dominant clmracterlrile waa, however, Ua ■teadlneas. Neither conation of largo buy- lag tbat wsra In erldenco Thursday nor profit-taking In one of tbs principal stocks served to denreai priori. Thor, was un- concealed effort t» accumulate lending atoeka. «aeh as St. Paul. Conaolblated Cna and Northern Pacific, not to mention vari- ous minor lasnes like tbe National Hlsenlt and Air Brake stock, that, taking the Hat. from one end to the other, advances were mors commonly shown than declines. Tfia . buying of Northern I'aeinc was hndoiil.todlg traceable to an bios that the Northern l'a- rifle, like tho Great Northern, mint nud some way of distributing to Its stoekhold. era tho profits arising from the lease of qrs lands to the Unit'd Mutes Steel Corpora- tlon."—Glbert & Clay. WU. L. I’F.EL. President. K01IERT F. MADDOX, Vice President. TITOMA8 3. rnErf.EB, Cashier. MADDOX’RUCKER BANKING COMPANY. CAPITAL $200,000.00 SURPLUS AND PROFITS . . $500,00(2.00 Accounts, small as well as large, invited. 3 1-2 per cent interest paid and compounded semi- annually in our Savings Department. Safe Deposit Boxes For rent in our vaults in tbe basement of the Empire (Building for only $5.00 each per annum. Absolute Security and all Modern Conveniences You should not be without one. IVe invite you to call and inspect them. Title Guarantee and'Trust Co. 31 % Compound Interest I* the rate your money will draw If deposited In tha SAVINGS DEPARTMENT of CENTRAL BANK AND TRUST CORPORATION CAPITAL $500,000.00. CANDLER BLDG. STRONG, SAFE, CONSERVATIVE You are Invited to call and Intpect our quarter* and Investigate our facilities to serve you. A hearty welcome await* you at this bank. ASA G. CANDLER, President. W. II. r.\TTERSON. Vlee-Pre*. A. P. COLES. Csihter. JOHN 8. OWENS, Vlct-Fres. WM. D. OWENS, A«8t. Cashier. ATLANTA NATIONAL BANK ATLANTA, GA. C. E. CURRIER, President. A. E. THORNTON, Vles-PrcoidenL H. T. INMAN, Vlce-Prs,ldant. GEO. R. DONOVAN, Csshlar. JAMES S. FLOYD, Ass’t Cashier. Capital $500,000.00 Surplus and Undivided Profits $500,000.00 We Solicit Your Patronage.