The Atlanta Georgian. (Atlanta, GA.) 1906-1907, October 19, 1906, Image 19

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THE ATLANTA GEORGIAN. . York. oct. is.-Vffr p"" r ivfmool. 'Hararhlar foreign unvi, I !r *“. UllfoV by houses with private wires *•'? offering'. believed to be for a •5". 1frW>t op^ratoi''. promoted n weak on* ^^t lhe openlni: of the lor.! rottou *«gs ,„inr. The best support came from houses, anil was snlfleleet .fter Sflisfl to hob! prtera at a ileeliee ef. 17© j“3at, uu'ier yesterday’! close. The expected break in the market for I "luii futures materialized this morn- at ., me start Liverpool was in doubt Jm whether It was In favor of the JL-Ilne, and the opening was somewhat JlJter than due, but doubt was re eved shortly after the opening and Sres Slipped away rapidly, the close showing declines of from 11 1-2 to IS with the tone barely steady. 1 ' Futtowlnx is the range In th* actlr “ J ' Open. High. Low, I -23 K I The bear Influences were the more urv situation in England, the Bank 3 England having increased its rate ,, 4 per cent yesterday, while consols of 31-Cd to 86 for money. To .Ms was added much more favorable weather reports from the cotton belt. I The spot market was quiet with nrices reduced 3 points, making mid. Sling 6.33, sales *,00 bales. The market for futures In New York wse apparently eager to follow the de cline in Liverpool, flrst prices from U»i center showing declines of from II to 27 points, the latter for October. ! The market acted heavy from the ! Ksri and bulls who bought on the ' storm reports yesterday were among Ike sellers at the opening. It wae gated that the Liverpool market was affected largely by selling from New Orleans and prospects of bearish re sorts from Buston; also, Bank of Eng land advance In rate. The market lacks strength and seems to be lot of stop orders coming out. The decline continued throughout tho session and predictions are numerous that the bottom has not yet been touched: that Is, for cotton for future delivery for speculative purpoees. The movement of actual cotton has begun In earnest, which, unless check ed. will force spot prices lower, though at present they follow the slump In fu tures somewhat reluctantly. Late Liverpool cables report that there has been violent fluctuations there, but recovered considerably at the close with a better feeling In evi dence. omperstlve receipts at United States ports: I S>f T?rv)pt» 11*1*7 Bntne tiny Mat year P S™ , *. W Jr» * behind, opened Vt’m'i °t*’, **•—Uvarpool futures * •f*®av 1 down on near and an* changed on lute. At 12:15 p. m. nu/3 JiV* i York „ ro tt©n opened J3*. 5*8 ^wornllzod. Selling wa*Ren* ii?» 3)*rtimo!iited local bulla. New Or* HS* J ni l Wwrpool were good •client. unapt atop orders came on market. LIv- USSLJ* , ruUn * weak. Our market Is aljaeuee of short Interest, which ^‘l^ared out ou nu advance last. week. down. Price says: “The market Is vei weak on persistent rumors that Boston wl.. ' irlsh ^estliM#te,__ ami upon the Edited by Joseph B. Lively MARK Sir. Lively'* twenty-fire years* experience of ed iting markets in Atlanta and the South has made him a recognized au thority In his specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS make ----- V-. "MS auiuinv mil »tTk. ^reaction may carry December further a advance In the*Bank^S^iiciand'mtc''to 6 per cent.” Carpenter. Jlaggott & Co. aay: **We Jiare no confidence In an extended ad vance on this weather newa at the present time, and think any upturn wlU be an in viting opportunity to extend short lines. The movement will tend to bring about a change of sentiment In the next few ‘lay*. * New Orleans, Oet. II.—The market opened easy at a decline of 17^19 points lu re sponse,to the slump in both Idverpool and New York. The general Impression Bore ta that Trice sold both these markets, weather map Indicates cold, . p art tt f the c on weather, a. in.: Jupiter, ■unwijTiiir, rwTsnnao. Charleston, severe storm moflug north-northeastward from Horbln channel. Dangeruna for vessels off the southeastern coast next forty-eight hours. The bad break In the market we bare predicted for two days has come. Liquida tion will go further, but they will overdo It. Buy on any further break. Cush de- maud very heavy, and on this break export ers will take big lots. Spots are quiet and buyers and sellers .ire apart as a result of the slump lu futures. tangs are unloading and Itesrs are ham mering on the rather alarming forelgu news. . Market Is steady st the decline. Look for reaction. The market has quieted down, and Is now steady. Shorts are rather Inctlned to take profits. Private Wire to Glbert & Clay. New Orleans, Oct. 19.—Liverpool at 12:30 p. m., 2©4ft down. Is n shade better thnu due. Ou New Orleans was expected points lower, and as compared with New York. 6$? down. A dispatch from Midway, Tex., says: very heavy rain fed'here last Saturday and Sunday, which stopped cotton picking for several days, but did no material damage. Farmers have rushed their picking for all they could. Home ft*w have about ceiugbt up, while over half of the crop remains iu the fields. The gins nre crowded to tlielr fnll capacity, and there Is very little hopes of their catching up.” The map today Is much more favorable. The storm appears to have barely touched tho eastern coast, but nevertheless has caused scattered showers Inin ml and heavy rains on the seaboard. The western and gulf portions of the belt arc dry. and gen erally fair and favorable for field work. florae time last year.... !»ecren«e .. Movement at Atlanta: day last year.. Itareaw* .. Estimated tomorrow: Jfpw Orleans.. im im .. 11.501 f 1UJ) . .22,000 to !*.««* [Houston JtMO'to *%500 13.529 In the lust few minutes there was a eeovery of some 10 points from the low points, the close being steady at 21 to 2G points below yesterday’s dose. Brought into s}ght for the season, according to Secretary Hester, 2,277,- 7T1. against 2,034,252 last year. SPOT COT! ON MARKET. Mr*rpooi. spot cotton quiet ami steady: aMdlliis uplands fl.Skl; sales 5.000; Ameri- mu «.SW: speculation ami export 500; re- 1.W0; American jw,* — Atlanta, steady at 10 |3-I*>e. ,\« n Vork, quiet at He; delivered on con- tn.-f flftt. N>n Orleans, easy nt UI4e. St. I .noli, quiet Nt UHC. rb»tnn. dull nt lL25e. Hoiwfoii. easy at U Mir. . Rnltlmnre. nominal at llftc. nllmlngton. firm at lOftc. Norfolk, steady at It l-16c. Augusts, steady at lOftc. uf favorable weather existing and forecast ed. but considerable support is being fur nished by eastern bulls; hence prices are comparatively steady, but do not look like It can last. . ' , Spots are much quieter today. The In nw*f in tho market seemingly reaaod, «>w* tlons lu the fnture mar- re said to be ubont 3-16c The western forecast Indicates generally r in Aruiin*. ...» . , , The eastern forecast Indicates fair and cooler weather throughout that portion of the belt. t TERMINAL CLOTHING NAME OF STOCK. Amalgamated Coppat.. Atlantic Coast Uue. .. American Sugar lief. .. . uo. preierreu. . . • America a Cotton OIL • Amer. Car Foundry.,. Baltimore A: Ohio. . .. Brooklyn Uapld Trto.. JanadUn Tad tic. . . . Chic. A Northwntera.. Lheeaprakc A Ohio. . . Colorado Fuel A Iron.. Central Leather. • • •. ..do, preferred. . • . Chic. & Great West's. Chle^ MU. A 8L T. . . Del*ware A Hudson. .. Distiller'a AecurKiefc . . Erie ■ - do. prefemsl. . . • , JftJaral Electric. . • , liiJoota Central. .... Atnp. Ice Securities. .. , Ljnjlpfile A NasHvUle.. ^ i | t 9 t c ms iu*t 1HU itfft 376 75 're 75 1 I ::: S7!4 issft 158*4 187*4 ... ioih ioiii iolii iwi* 1 ; * 2 i: 78 177 : .*: 17S 175ft 17?ft "1? "St * * ) “is ’ .174 ■;& "M "M • • * 46ft ! "ii" 45 17Si 171ft 145ft «* 76ft 171ft 96ft 146 172 inii ‘iii” bids today~< m i aceeatit of wire trouble. NAME OF STOCK. N. v.. ont. «c Western. National l-ead. ..... Northern Tarltlc. . . . New York Central. . . , Norfolk A Western. , • , i Tenosylvanla. ...... ! ToopJe’s Gns Trcst>«N| Steel Car. . . , i do. preferred. • • . < Pacific Mall. ....... Beading s ; Kepoblic Steel. . . . . , 1 ltock Isl.ind. I do. pceferre<l. . . . . Lnlred States Utibber. . tlo. preferred. . • . , Southern I'set t!c« . • . . .Southern Hallway. . , . no. preferred. . . . . SInss-Sheffleld. . . . . . 1 Tenn. Cool Jk Iron. . . , Texas & PncfOe. . • • , , Ya.-Car. Chemical. do. preferred. . Western Union, . . Wahnsb do. preferred. . •cpniln CV do. prefei rr*H|. g» :il2 143 "wii 'M 11744 M 216V6 iwd NEW YORK ISL?'?* 10 c0,to0 fn - LIVERPOOL. Tie following table given the opening range and close, compared with yesterday’* Closet Futures opened easier. Op««ln* Previous Itango. Close. Clone. ..6.05 -6.04H 5.93H *06 ..6.02 -6.01 J.Wi f.OdU li.fj *i ns* *u.. , —. ..(.«> -i.'J* 3 * *.*3 4.MV4 ii 6.06^ October. . . Oct.-Nor. . Nov.-Dec.. . Dec.-Jan.. .. Jan.-Feb.. . Feb.-March. March-April., April-Jlay.. Mny-June.. . June-July— Closed barely steady. , ..*06 -6.03 ....106 *6.06 ..6.06 -6.06ft 6.96 NOTES ON GRAIN Pointers on Provisions. ■ Th- Terminn! Clothing Company which begun business April 2. has established aeven departmenta for men and women'a clothlnff, with E. Bapor- ateln as manager. The store la located 7 West Mitchell street, with two large floora, 23 by 110 feet. The growth of buskieaa has been beyond expecta tion* and the establishment Is one of the representative houses of Mitchell street TODAY’* PORT RECEIPTS. T,» (ollowlas (able shows -scripts st th* Kt'ji2r:* X ’ ruI<p< '*^ with the sans day 1901 i«v Xpw orlran*,, „ ,, Gnlvratou .* • liirloRton .. TjTtlmlngtoB.. ' jWtrfk [lallUnori* .. . N'p v York.. .. ,, Hoitnn Vnrlotu.. 6297 1)061 421 11152 lfii I *23 sin *232 tJJw 1744 «* 3616 1U 4 1318 *‘i* 6526 16397 227 tort Arthur..,. .. „ . Jlmnanh-k.... ... .. . {lirkimivtila ’ Nawpnrt News. . . . * Tittnl* 56441 74456 INTERIOR movement. ' ,7?.^ f o! ["win* tales shows receipts at the I°day. compared with the ■* 'ley Inet year: Mount o n Anguatn Hrai|»ku ** ** S- l«°ols . V *' 1 •nrinnatt.. .. ., ** *’ 3919 . 12738 3136 3133 151 51T Tot.il*.. 29437 19889 The Cob pitchers were more then sur prised nt the way the Sox IstUera lawled on .-.nrihlne In the woy of eurres nnd stmleht ones which in mo their way. "Three times that 1 kuow or dorbia the •<vles betters kit at oses that #ere not .ver the plate and safe drives resutle.1, Olio of tho pitchers. "T«ke tho cate f llohe. when he imnle thnt ilrst three- stxger in the oi ““ feil m him his: score’ Into him. —w— - , - purpose be ewnui; at It, eooaeeted. and t ti-ent Just over the foul line, and, as It tneneil ont, decbleil the some. Then there was Davis, in tbnt lost gnme The pitcher luul two strives on,I one lull! ou him ainl KS him one that was out and lileh uo. He swung ut It nnd It turned Into » two-hoc*iv and nnd* mat. \ou can I bgat tbnt kind «f playing.” Trii*ldent Herrmann, while disappointed at the world’* ebamplouahip tielug Ukeu awny from the Natlcnnl I*eagm». la very outMH»Ucn iu h!» commendation of the One work of the Sox. "They hod the nerve to co tkrvnoh the series vvlthont hrenhlnff down." said the H I ehlof, ’’while three of the Notional Iwogne team s lu^t men did sot coma up to the uiork. Neither Chstiee uor Htelufelilt showed tbelr usnsj form nt the hot. except lu ene Dime, nnd Shoe its nl was alwoloteljr dead. The Intter wouldn't even olioy orders as to what to do when he went to the bat, hot went np and used his own Judgment, withi the re- sult that he didn’t get anything that even looked like a hit In the six games. I would not have snrh a man on my team. Chance told me on Sunday morning that he tad •cat Itt Boulbach agalnat hit own l»»*t Judg- SSit on Sotnrdsr. yloldlne to the wl.UM of some of the players. That s where he made a mistake. He was lu ehiirge nf the eluli nnd ahoatd have been the ahsolat. master. Tlie White Sox didn’t make any of these mistakes, lint played right np to the handle alljhe time, nnd as a reonlt I.y won a grfl and deserved victory. ’ sir Herrmann wrote to Charley Co- mlskey yestorilay. asking what Uagaysw wont In the tray of pouvenlr emldems of thelrVletory. Wouldn’t It Ik-a JoVe lf they should express s prefereoee for ' harley Jfnrphy e caff Imttnns. for which he has the 'design already iirpjwred. and_ he will not need It hlmselfJ-ClncInantl Laqnirer. Pvlvsto Wire to Ware A Lein ml. JJ,L 11 *"- Oct- 1*.—Not ranch change la wheat sltpatton over night. Any time wo E. • ■fl.isot, lietleve It safe to take long side wheat, eora and oats. Chicago Inter oreau: Cash hutlnesa In was 20,600 wheat mixed lota. WW) each of corn and oata The sea- • ol<1 »«•*» wheat, 10.000 corn and i?; 00 ?, "3ts. Dnlurb sold fe-OdO wheat. Kan- “•.Ul© »,000 No. t red wheat to cast or Missouri wllliti, and some rouud lots of other wheat were Workcwl tbpro fur ex- port and tullilor The Hex mills at Kan *?• PHy a®ld 30,000 larrrli flour for export. There were Inquiries here for 100.000 lot* J'SVJ , r «*l /»«• export with bids 3c under Decetntar In store. Deiiveriw* oq Ocfolier trades wera 6,600 corn and 600 tierces lard. Duluth receipts today will show 233 cars or wheat. Including M durum, agalust 263 n year ago. figured that there are between 40,000,000 aud 60.000,000 of hedge* In the lo- overcotne. uuless more help is secured from the outside. The Minneapolis floor output• last week decren*e<l 64.650 barrels. This mode It 140.- 000 barrels smaller than a year ago. The a imntity turned out the week of October l w*s 304.630 barrels, against 446,146 bar- rels In 1906 and 9)9,680 barrels In 1904. Three ml 11* were Idle. Today's and the week** output will, perhaps, not run much above that of lAKt week. For the corresponding week in 1966 It was 474,196 Ixtrrels. fash whent at MIuueapolN was it shade firmer with No. 1 northern '2*MZr over De- cenUwr. Duluth Is bidding' lv over their Decejutar for liceetalier nml-Junuary ihdiv ^1 filers continue —" efr. Miller* continue .Miners of southwest whent. Country receipt* normal; No. J northern at Dulnth Is 'le over ’December. Cash wheat nt Kansas City was fto higher. High bids were made on the call for ••«*rn ami oats to arrive. Hales were 5.000 No. 3 corn or 1 tetter, this year’s shipment, nt 2l)c through bill; 5,000 standard outs or tietter. ten days. 24ftc, track Chicago; 5,000 No. 3 ont* or tatter, sixty days* ship ment. 32 t 4<-' through billed. Shippers at Fort William and Duluth art taking ail the imata aacunibta and have chartered millions of bushels ef room fta whent to Buffalo at 3e and have also made barters to load the flrst part of December vlth the storags privileges Buffalo for the winter at 4fte. SLIGHTLY LOWER Chicago, Oct. 1».—Wheat closed 1-J ®2-4c lower, corn was off l-lfll-k and oats l-Sfil-2c. Provisions were unsettled. Corn nnd oats showed more life late The seaboard reported thirty,h-ads of wheat, live loads corn snu 180,000 bushels oats for export. Chicago cash groin handler, reported 830,004 bushels wheat. 80,000 corn and 308.000 oats. Primary wheat receipt* 1,078,000 bushels and corn 088.000 bushels, against 1,087,006 bushels and 34S.OOC bushels respectively a year ago. Clearances for the day 876.000 bushels wheat, 850,000 builds corn and 31.000 bushels cat). CHICAGO GRAIN MARKET. NEW OR!jEANS. The following Is lbs range In rottoo to- Hires In New Orleans today: 7sh rr< i ft P Dr... 74ft 74ft * .... tfli 4284 1288 4J»4 si sa sl s Mftuvrjt 8 TURK— . WEATHER IN COTTON BELT. *• *- ALABAMA ST. GIBERT & CLAY STOCKS BONOS, ATLANTA. OAh Sms OnLL’cM^K^;|S> r '“j^ 1 , »S??on 0, J2c a iu« .(Galveston Cotton Exehangu v MCHnensi ExchangsINsw Orleans Cotton Exchange. «?sa as: essSfe; E*:s ga% m Ut ** *nd Lena Dl.Unc* TVlephcn?i2&! E * etaB ^ n. FAGAN. Msnaosrv ALONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone, Main 858. ATLANTA. GEORGIA. Texas—and flhervnan clear and cool. Dallas partly cloudy and cool. Han An. toulo cloudy and warm. Uouaton cloudy and cool. Belton foggy and cook Sulphur Spring* dear aud fine. Temple clear nud Mississippi—Yaxoo lity clear and plea*. &nt. JiKkson dear amt warm. Natchez dear ami pleasant. Merhllsu dear aud warm. Greenvtlis and Newton clmr nnd dnc. rnntan dear ami warm. Lexington ••Icar nud pleasant; little rain yesterday. Holly Spring*. Amory, Corinth and Sew Alhattv dear ami cool. Tupelo cloudy nud cod; rained yesterday. Atardeon clear and ple.isaut. Alnhama—Union town. Entaw. Tror nnd Montgomery dear and pleasaiiL lilnulng- hnm threatening, misty ami cod. Opc.lka dear uud cool. V/EATHER IN WHEAt BELT. Extreme Northwest—Cloudy, with gener ally lower tempeftture; S6 to SS above; scattered ralas. ,, . , , ,, Northwest—Generally cloudy and coUier; 35 to 46 above. _ .. West ami Honthwest—<lenenUly dear; 34 to 51 nlM»ve; rslus In Nebraska. Ohio Valley—I'artly cloudy; 50 to © above; general rdlus. WEATHER FORECAST. t.46 lao ... U.77H U.na 13.T2H 13.73 LARD— Oet f.40 • 46 9 49 Nov.... •.» 8.92ft 9.f5 Jan.... f.15 i.^ft S.15 HIDES— Oet.... 6.25 8.25 9.15 Jnu.... 7.45 7.47ft 7.45 ♦ A«n WHEAT— . . No. 3 red 74: No. 3 do 72fi winter TlftCTB; No. 3 do 1 STRENGTH OF SPOT SUPPORTING FACTOR Xrw Orltxns. Oct. l». £ Th« Tlnm Ucm- ociht sayi: "Tho cottonSirarkot prosontiug lu mlit lX-toli.r the soui.wh.-tt unique spec- Ucte of more buyer, than sellers of spots, sod more sellers thou buyers itt the ring stile, simple faith bus reused to answer the requirements of either fsctlou. and ■peculation la auffrrlnr. The render of uu. desirable rottou would ran to a widening of opot differences rather than a receatlou lu a|K>t values at this time for the if.nson ■i.ble grade, nre eagerly .ought at full iatloua or iH-tter. Ou the ether hand, the bull speculator docs not hesitate to ex press illsapi.dutmeut over the failure of the public to take hold ua exported, .'.lean- while, fume imjioriaut ehort luteteat I, uu- doubted); working for a Iwtter covering Imela. Thus, the speculative luterest lie- lug utmost entirely professional. Is now largely arrayed agalnat the market, hence the actual .niff becomes the chief support ing factor, the weather uuder apeeulntlre f iressui • harlug tenipornrlly lost uiueh of ta lufluriico. Cotton Is morlag rapidly eipnigh, hut the uropartlou sold and hllieil through Is entirely too large for the com. fort of the unhedged exporters. A also ysjint: The New Orlenu, stock Is 111- Til'S FLASHED From Wall Street Private Wire to Ware & talanJ. New York. Oct. 19.-The time Is at hand when yon should have all loug stocks well protected, ns the situation !* a ver - "* •me. The ndvsnre by the Bank land of It* raterin *ucn an uuusual inntmer means they are preparing themselves ** ‘ storm. Humor on exchange that Uussla guns broke, amt will default fn luterest payments on their bonds. New York, Oct. 19.—The Dow-Jones sum mary: American* In London hthvy H0>;c below parity. Bank of England advanced rate to 6 per cent. ’sOmloit fear* r#new8»d demand-for sold account of the Ontario bank difftent- io demand for stocks In the loan crowd. In tht . .. - rr . ... copper reotdrcmetit* after the new year will be jfef Some Indications of manipulation In the price of copper lu London, but full coj BUNK OF INCREASED ITS RATES New York. Oct. 19.—The fttraordliur action of the Bank «.f Enitbiii.i in *fi:*li its dlw-ouiit fni.a 5 t«i *T i»»T • .*iit f. like a thumlorbolt upon todavs fliffm-'I markets. Intimation* hare been mad»\ Is true, that such a proceeillng was llie some time before the end of the year ken to prot< not prove Erie sab! to have been renewed.. < ’onsola lu London very weak and market generally very depressed by unexpected advance In bank rate. Southern railway surplus over all deduc ous equal to 1.02 per cent on common. Heavy loss qf cash to Canada by New York anticipated. New York may bay gold In open market In Isrtudon next Monday, Eighteen roads for second week In Octo ber show average gross increase of 1L0C percent. land rate has been Increased Hnsslft has called her bonds in. Causing stuck* to break. THE WEATHER. LOCAL FORECAST. For Atlanta and Vicinity—Fair and slight ly colder # tonlght; Saturday fair. WEATHER~COrtOmONS. The storm that was south of Florida yes terday morning has moved northeast warn and Is now east of Charleston. It passed too far out at sea for It* force to be felt In this section, but It caused rain In the At lantic crust region from Florida to New York. The heaviest amounts fell In the Carolinas. At 7 a. in. rain was sriltf falling at Savannah. Augusta. Charlotte, Washing ton nnd lMttsbnrg. In the cotton belt there was rain In aft section* except Arkansas and Oklahoma. The high pressure area oVer the west has moved farther eastward and haa rans »d reduction In temperature at uearly all orednt* In the central valleys, the pla and th^ Southern states. «Light frost reported from Weatherford, okla. It la < pooled to cause fair nnd slightly colder weather In this section tonight, fair urdny. COTTON REGION BULLETIN. STATIONS OF DISTRICT. ‘Atlanta, p. cloudy •Chattanooga, p. cloudy Colunilms, clear. ... Greenville, cloudy. ... . Griffin, clear. ...... •Macon, clear. .*•••. Montlcelfu, dear. Ncwnan. efenr. -- ..--93,00) bales at tM,corresponding fist*.* in J909! Quite clearly, the apeculattvc ttear is dependent upon less tension In tho spot market to briny him needed relief." LIVERPOOL GRAIN MARKET. Wheat—Opened ftc lower; at 1:30 p. m„ fto lower; closed ft** lower. Corn—Opened unchanged; at 1:36 p. m. ftc lower; closed unchanged to ftc lower. NEW YORK COFFEE MARKET. Followlug Is the opening range nnd elosi of the New York coffee market for tu d*f- Vbruarj- larch June July.... August Hep tern tar Octotar. . November Deccmlier Close*! steady. Kunee. ..6.504.56 ..6 65 6.« ....rf.604.65 ....6.664,70 : :IIl| ,. .S.S.VS.K ..«.to-7.«0 , ..S.VW.H . ..6.50 THE LIVE STOCK MARKET. Osargii—Fair Friday and Batcnlar: ligbt to fresh wm vrliida. f.<wi,litiia, WrtU'.-n Florida. A lalwma. MUai.nIiiiit anil East T.xsa-Fntr Friday and Saturday; fresh vrnt tu nortUv.-a.t Artuinaas "and Writ Trxaa-Falr Friday amt Hntuntay. Trnnmare-Falr hi wrstsni. rlwriug In catrrn i»rt!an Friday; Saturday fair. STOCKS REVIEWED BY NEW YORK SUN t sssfasr* estimated for tomorrow ll.OW: yorkei _ . i<.50«6.«0. Cattle—Receipt* quality fair: Market weak: steadv; finality fsir; native 13.? Jro Sb&flBJI: t frat\\uma M9 34.56^7.73; weslerw $4.60& t .fO. Ilf H i the tank's reserve _ feetire. But wither abroad nor »t ho e* had the flnauda! community been pre pared for the sudden nud drastic action an nounced today. . Only ;oaco before in re cent ye.ira have the English tank govern* *>ra convened Its special meetluc to in crease Its discount. That was during th- crisl* * of the Boer war, when the rate was advanced from 4 to 6 per cant on a Monday. “ ' * It been t rate at i»rece*llug the Baring failure In Novem ber. my. New York, Oct. 19.—The unexpected ami extreme advauec In the Bank of England dlscouut rate wt* retlecte*) by a general weal: opening In the stock market. Heading fell 2\. Amalgamated 2ft, St. Daul 2, South ern Paefnc iw. Northern Uaeiflc over 2 ami the general list 1 per cent or more. Hales were especially heavy In tba stocks that have been prominent speculatively, bot tba major part of the Ust was more or less nogfacted. After the first rush to sell, *uf»- port was evident In some Issues. Before the opening of our market, Amer ica u stocks were quoted st from 1 to 2 points below yesterday's close. This »»■ fnltoweil by a still more violent th« outset here nnd by precipitate 1 tlon extending to ail branches m iue market. By midday the sort of buying that always appear* In such emergen* s had hegnu to make Itself felt, and prices had milled nil nronnd from the lowest. Call money went to 7 per cent, time money tightened and sterling exchange rose ex- The action of the Bank of Ragland in advancing the rate of discount took spec, alative interests on both able* of the At lantic by surprise and started a stamped* among those heavily committed ta the bull side. Liquidation of apeenlattre acconnta was started and sales were made at ci.u- tinned sharp concessions. The decline* ranged from Ml points. Tim street » Ruined that the action of the Bank of England mast have lawn Induced by some news which came to the governors of the tank after the close of tba regular meet ing yesterday. Tba sales are estimated nt between 50.QDQ and 60,000 shares ou London account. Government bonds unchanged. Other bonds weak. j . THE LONDON STOCK MARKET. Wheat. f*orn.. Oats.. Hogs.. ' CHICAGO CAR LOTS. T.0JJ. .. .. .. .. K4 COTTON SEED OIL. Onenlsg. Closing. Octatar 4?‘i€43, November. IKS!£ r -.;::..: mSS* Slw Cloasfl qnlst. g,ire. 160 Noremher at Kit. . 0 January r* “ “ * May st 33ft. l t SOUTHERN EXCHANGE Oldest Eslnbiishcd Office South. 4 COTTOII STOWS—BOROS—6MII 4 Ground Floor Gould Building. Dally market letter nnd market manual mailed on application. - | L.J. ANDERSON & CO I j Bankers and Brokers, 1 ; COTTON, STOCKS. GRAIN j 1 Gorrsspcndenl’s Capital $250,000 j jiH/l wff, fKK NIA^L DANlR | PHONE 1417. PRUDCMTIAL QLOO ,U Ji-MX- J-| J. T. pOLLRMA.V, Frestdant. F. J. FAXON. Vb-e-Frealilsat. W. L. KKJJF. Treasurer. J. W. ANDREWS. Secretary. | ^8888888S888$8S8«888b. 1 ONION SAVINGS BANK '^88885888^88^88888^ j Four Per Cent Inter est Paid on Deposits j ASSETS $150,000.00 j ' " s On* dollar starts an account 1 S Hours: 9 i. m. to • p. rr. Sat- 3 urday. till ( o’clock at nighL 8 DIRECTORS t < 2 TtlOS. J. FKEFLKS. » W. B. STOVALL. F. J. FAXON. ** W. O. FOOTE. 1. T. I10LLRMAX ! CLYDE UUUOKS.J. M. JOHNSON. — West Fofht, clear. •Minflnuui temperatures arefor tw el vs-hour period ending at 6 s. m. this date. HEAVY 7T.\InFALLS. 'horleston, H. C., ,i %■„* ,, vlngstreo. S. C .. It. George, S. C., .Tmrlotte, N. C; ; .. LIGHT FROST. Weatherford. Okta. 42 ..4.00 ..100 STOCKS- Amalgamated Cupper. .. Anaconda.. Atchison...... .. .. .. do, preferred.. ..... Ithnore nud Ohio.. M Canadian Pacific Chesapeake and Ohio... . Chicago and Great Western. . Chic., MB. and St; Paul.... Erie... .. Uo. preferred Iltimls Central Louisville and Nashville. Mexican Central. Missouri. Kansan nud Texas. Ontario nnd Western. . Pennsylvania Rending Rock Iwaml Southern Pacific Southern Railway. . . . Union Paclflc.. .. .. United States Steel. . do, preferred. . .. Watath #lo. preferred.. .... .... 45 1 Note—No ksondoa dose today on ROOSEVELT SAILS ON NOVEMBER 8 CENTRAL STATION. Atlanta. Ti>tap'tnra. Max. Mia. —«T Indicate* laaiipmlabla rainfall. REMARKS. No mM t.mr-rnturc chanjr, w.r. noiad. Waihlnctcn, Oct. “ II.—November 8 haa bean selected iu the data when President Roosevelt wilt set salt from New York for the Panama. Tha trip will be made on the monster new bat tleship Louisiana. He will not returc till the latter psurt of November. s Oct. If.—The grain ider last alfbt'L „ _ cable* and t,cnrt,:i for- 'omailreloa boa*** had *om* hot tha tendaacr wti to wanner the pn.‘ 24 hour, la most districts of tbe licit Ralr.* fell In all aeetfona except the <;itreru» aortbweet. where it «-*• fair with lo». r night tentperamres and light frnst at T1>atkerforiL. Okie. Rear, ralas fell la tho CstoUoos. WM. L. PEEL President. ROBERT F. MADDOX. Vlre Preeideal MADDOX-RUCKER BANKING COMPANY. CAPITAL $200,000.00 SURPLUS AND PROFITS .. $500,000.00 Accounts, small as well as large, invited. 3 1-2 per cent interest paid and compounded semi- annually in our Savings Department. 8asa828S8$SS!8RSS8$8!£88SSHS®82EX8S8S28S8S8£ii88!S88®iK!asac3S8WB6SBHjB0BBaBi Safe Deposit Boxes For rent in our vaults in tbe basement of tbs Empire ^Building for only $5.00 each p:r annum. Absolute Security and all Modem Conceniencss * You should not be without one. We incils you to call and inspect them. Title Guarantee and Trust Co. sssssssssssssssessstssessssssssissasaass^^ New Tort. Oct. 13.—Tbe flan oars: "AI- thmigh actlvttr In reatenlar'* market was somewhat Increased and price* held within a narrow range. Inal quotations for the, promtueat stocks, at a rate, showed de-! cllnes. Tangible financial development, were confined to the rise In call wooer, i IToapvcts for the tocevaa at the poll.! In the coming eleetlou of the law nnd ( order csndhlate for governor In this state were l-tghter than nt tar previous time, awl the government ■ pnhflmtlon of ibe complete figures of th* eoontrj’* expert* ■od Import* were of a blghl, enmragiag nsmre. In view of the great Interest oat urn I It taken at this time In qaesilcna re garding the aWUrr af our ImnYrrs to pa, off throngh shipments of mercheailhM* the Inrrowtngs of moaej that have I wen made la the Uat tout mouth, on the other side of th* Atlantic.”—Ulbert k CUf. H. U. Atkin ton. V. P. Joseph A- McCord. CaiMrr. Third National Bank Capital .... $200,000.00. Surplus .... $300,000.00. . R. Email,. Carroll Pa,am Freak Hawkins, Pretldent DIRECTORS! K M. Atkin LOWRY NATIONAL BANK Designated Depository of the United States. CA1MTAI ^.‘iiiii.imMl.on SURPLUS ' 400,000.00 UNDIVIDED PROFITS 140,000.00 A general banking business transacted. Foreign exchange, Letters of Credit. Corresponds direct with the National Bank of Cuba.