Newspaper Page Text
THE ATLANTA GEORGIAN.
EDNESDAY. OCTOnnit CL 1966
11
AT BETTER PRICES
NEWS AND GOSSIP
Ot the Fleecy staple.
Responded to the Better
Feeling in the Liver-
Market.
pool
OPENEDNEARHIGHEST,
During Early Session De
clined Sharply From
the Best.
Liverpool market thle morning oral
illrbfly better than expected, both as to
Lures and epole. A portion of the ad-
ranee In futures wna later lost, tho elote
being eery 1VHJ2 points above the doee
Tuesday. " '
Following la the, range In the actlre
months In Liverpool today:
‘ Open. Illnh. Low.
SSSSSEg: ifl l** Ift
E
I annary-Kebrnary. . •. .6.0 6.04 5.0XV4
arehAprll J-jg O.OS B.98
6.0U4 6.If S.OIV
Yew York opened MHO potnM up. gained
4 ■ it.l .1 osAtnt v.r twA n ml tli ms #1«v
... Additional petnt or two, anil then de-
r ne.1 aorae 15* polnta to n level aome fOi
Mints below yeaterday'e cloee In tho uc
{in* months. _ ...
1 There woe recovery from the top,
though the midday flnetuatlona were ntr
The semi-weekly movement at the Interior
***** '* “ ,0l "” T, i»*. 1906. W4.
Reeelpt. «|.@ J&ffl
Estimated receipts to w° rr gg£ 19fl6
..10,000 to 18,000 9,» ,; *2
..24,000 to 27,000 18.: V
IUUDW --..144W to 15,600 153U
At the clow, the tone wna atoady, wftb
price* net 1 point lower to 3 polnta higher.
»»r Orleans.,
Galveston.. ..
Houston
SPOT COTTON MARKET.
Ire wool. snot cotton firm: middling tin-
lands B.S7d; sales 7,000: American |.40J;
speculation nnd export BOO; recolpta 9,300,
ill American.
New York,
AuKuatn, firm at lll-16c.
Houston, steady at lie.
Memphis, steady -
Baltimore, nomft
Wilmington, firm i
ay at lie.
dr at Ufte.
nInal at lWr.
rra at 101345c.
Norfolk, steady at lltte.
Mobile, quiet at 101346c.
Galveston, Arm at 11c.
8t. Louts, steady at ll%c.
TODAYS PORT RECEIPT8.
The following table ahowa receipts at the
irts today, compared with the tame day
year:
E irt
it
£ 0lr "Tt A Olay.
™ ££..' wr Hv. 21—Uvertwol
fs «.rtwrv^'VfSi-,ed."^y^hSa?^
of our market ehowe con-
ta“it oV.taLta*" “ uo Ur * u * U< ’ n ""
T rtc *’» f 1 ' 1 tiers' report was sent to
1^"^®***°?^.'*/** ,nst nt Kht. Liverpool
should have It this morning.
u & say: "The sit
nntlon looks favorable to a further ndvnnoe
for the Immediate futnre. nnd while pre
operate from that side, wo woul.*
fon - -
Edited by
Joseph B. Lively
MARKETS
Mr. Lively's twenty-flvo
years* experience of ed-
I ting markets In Atlanta
nnd the South has made
him a recognised au
thority In his specialty.
Til’S FLASHED
From Wall Street
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
advise caution and taking profits when the
twist Of tho markoV*
Dlok llros. \ Co. B.-iy: "We believe rot-
ton at . the present Juncture entirely too
._e ni #
high. We think tho price will be subject
the law of supply nnd demand.**
TJ*^£ouraal # of Commerce jui ys: “Triple
wna steadier for the day. Tho volume
forwam business does not appear to less
much because of the generally known fact
that some lending houses ore absolutely
short of goods, nnd can not replenish thefr
supplies quickly. Prices contluue to harden,
but there Is less disposition to squeeze
buyers, who must have good* to go
with.”
Poor tone to market. Price trie* to sell,
Imt market will not take the cotton. Dusb
leas small.
An
..mount ginned to October 18, 1906, count
ing round ns half bales, wna 4,940,728.
New Orleans, Oct. 24,-LJrerpool at -
Is much better than expected. Was due
unchanged .on New Orleans and 2413 up
New \ork.
Liverpool cables: “Price brokers manipu
lating.'
Wo understand Mr. Trice estimates gin
DM* n«- A JiYl 7Y.1 In A .Yu <Wt
ners* at 4,400.000 to 4.600.000/^^^^^^H
Onr traveling representative wires from
Augusta, Go.: "Greenville, Spartanburg.l
Charlotte to Angusta spotted, bnt, ns u
|^^^bymo^^^^pIckliij very Imck
ward; weather unsettled." As far as xrc
good
II
One. of the t largest bn tricing on. 1 ® tie Job-
Iters has a wire from Texas saying, fa af
fect: *'Hhlp us all the baggiug you can. If
can not get bagging, ship sugar bags,
r anything that will cover cotton."
JThe market Is nervous, bnt no si an si *
weakness are evident, prices being sup*
small
ported by the various estimates of sms
encouraging bugrag
order to unload his long Interest, and we
would not he surprised to see the bureau
tomorrow report between 4,790,000 and 4,800,
°%i55 n westcn» forecast Indicates generally
kp: * —
Wlr weather throughout both tonight and
■Thursday. For Arkansas and the Terrifo-
Irles, colder weather with frost, and colder i
also In Louisian* ami southeast Texas.
' The eastern forecast indicates rain to
night and prolmhly Thursday for Xorth
Carolina and South Carolina. Rain to
night in Georgia, followed by fair and
<*oTder weather, showers In eastern Flor
ida nnd fair nnd colder weather tonight|
ami Thursday for the balance,
New Orleans. Oct. 24.—Early cables at
tributed the strength of options to the ma
nipulative buying of large American Inter
ests, but toward the close the greater por
tion of the advance was lorft on fairly gen
eral liquidation, final prices being 2 points
higher thnn the previous day’s levels. Spot
sales wore 7.000 bales at an advance In quo
tations of 10 points.
The free nnd liberal movement of cotton
and the lack of any substantial demand for
spots, together with prospects of decidedly
more favorable weather than that lately
New Orleans. .
Galveston. . . ,
Mobile
Savannah. . . ,
Charleston. . ,
Wilmington. , .
Norfolk
Tensacols. . , ,
Tort Arthur. .
8aa Francisco.
Pacific Coast. .
Total.
18258
1*409
1978
18994
INTERIOR MOVEMENT.
The following table shows receipts at the
Interior towns today, compared with ths
same day Inst year:
Houston
Augusta. . . . . .
Memphis
18118
2002
2503
.»le character, hut their fnll effect Is teem
Ingty held in cheek by the near approach
of the government's estimate of ginning*
up to the 18th of Oetolier and which will
lie nnominced tomorrow. However, the
feeling seems to be that no matter what
the figures are they will In no manner
throw any light on the ultimate olae of
the yield. The lateness of tho present crop
Is generally conceded, but with normal con
ditions henceforth ample supplies arc pre
dicted. despite the unfavorable Influences
that have hitherto been the means of bring
ing about nud maintaining the present ad
vance.
New . York, Oct, 24.—'The stock market
was not aetlve today, nud tho tradlug was
confined to casual nnd small operations —
as was necessary to give the situation
among the nctlve speculative Issues. Most
operators Took to London, and the money
market for their guidance, and the settle
ment In London appeared to lie progress
ing with less fraction than expected, though
CHICAGO CAR LOT8.
Wheat,
t’oru. .
»nts. .
Hog*. .
SO09
a
11000
WARE A LELAND'8
DAILY COTTON LETTER.
New Orleans, Oct. 14.—The one event of
Importance Jn today's market was the es
timate on ginning pat out by Price, nnd
while this was supposed to have been
given out secretly only to those glnnera
*ho furnished the Information, Liverpool
had It before the American market opened.
H« gist was that up to October 18 there
gist wna that up to October 18 the!
"fre ginned from 4.400,000 to 4,600,000 bat A
i£2®*i, Which Indicated a crop of liJ
JJh.OOrt bales, or, at least, that la thl
*ny the trade In general summed Informs
, gures eutlrely too low, nnd that
fdnning would amount to at least
and even the hulls openly stated
they believed the crop could not
possibly lie as small as 11,000,000 boles. It
se*‘m« to tie that It Is unreasonable to ex-
KT* ‘he ginning to be an low as Price’s
%**£:*• wulch. Faking the minimum of 4,-
bales. Indicate falling off In the
flatting compared with*last year of 100,000
!U „ .September 25. The movement
?L. rotton t0 market certainly does not
L5flr n i** n»y falling off la the ginning, but
rather points to an lnereaae over last year.
«e do not - * - • • *"*-
til 1 ' ' lo t not how tho ginning can possibly
l*e under 4J90.000, nnd It would not be at
surprising to see It returned aa high
“"■•over 5,009400 bales. Naturally there
H*tlo trading today with the bureau
1 n, ‘ n L and the talent a greater part of
-'time guessing on the figures which
professional jin u
iiosltlve
n statement that, perhaps, *7.000.000 of tml
tlotjftl I sink currency would bo applied for
under Becretary Hhaw's order, we should
mv that the remainder of tho week prom*
My that the remainder of tho week prom
ises ho disconcerting development against
tho security list.
L. J. ANDERSON A CO/S. .
DAILY COTTON LETTER.
New York, Oct. 24.-The New York mar-
ket opened S to 10 up this morning on a
letter Liverpool thnn expected. It was re-
ported that Mr. Price was responsible for
the strength In the Liverpool market, with
the view of unloading hla longs in New
York. Anyway, heavy realising at
oi>en!ng caused prices to sag back to n
yesterday's figures. Mr. Prices gin
about
.c.ir.w.; - . — . glnnln*
figures were out In the early session, show
ing 4.400,000 to 4.800,000 bales ginned to Octo
ber 18, nnd Indicating a yield of ll.OQO.OOO
bales. This report on Its face wss bullish,
but the trade wna not inclined to give It
much credit. The general expectation la
that the government report will show sooto;
thing over 5,000,000 bales. This report wll
l»o Issued nt 2 o’clock P»' Thursday sad
Its effect on the market win depend on bow
much It varies from these figures. Should
It range above the 6,000,000 mark the market
will probably decline rapidly, and under
4,600,000 will advance It the same way.
CAPTAIN AND CREW
SAVED FROM FLAMES
S 01 } 1 ' 1 . iMillrim* the total crop. Lout jrenr up
thl. ~r|o,|. there were rlnne.1 4.9W.OT
*pt"lnat 6.417.W4 In 1904 and 1,70«.!4S In
., Th ' r 'fore, if there la anythin. In
*be xlnnlnr retimed tomorrow
J™* over l,00O,NO halea, or elae thl.
i. .mailer,than eren the bnlla l>e-
""V-. heeatiae, na la readily aeen by »•>»
m.'.'J*'.'"'*- * (tanlna of 4.MO.OOO laaf
<" a crop of leas than
aetiwi growth.
laaf year
11,006,000
SAVANNAH NAVAL ST0RE8.
Rarannah, Oct. M.—Tnrpentlna
.An C H«S; p UM:;. E 64.16; F
22: v- 11 * , M : I >< <0 : K 51
window glass J5.S0; water
*Wte Id Tona firm.
New York, Oct. 64.—Paaaengera of
the Fall River liner Puritan, bound for
New York, nrouaed from their atat*
rooma when off Greenwich, Conn.,
day, by the lurid flames from the
burning freighter Eastern, which had
caught Are on Long Island sound,
watched the boat burn to the water’s
edge and founder.
The captain and crew of the frlghter
were rescued by the steamer Middle-
town.
GROVER CLEVELAND
DINED BY FRIENDS
New York. Oct. 64.—Grover Cleve
land arrived tn the city from Prince
ton Sunday, and la stopping at the
Hotel Buckingham. He was the guest
at a dinner tendered him by friends on
the upper weal aide.
GIBERT & CLAY
“*■ At-ABAMAt
Sort block
STOCKS. BONDS,
- COTTON. CRAIN.
COFFCC. PROVISIONS.
MEMBERS:
ATLANTAe OA
S-i®co5t
Fxehange. I New Orleans Cotton Rxebange. I Ckleaxo Itoard of Trade.
F.xehange. Sew Orleans Slock Exchange..! yr*rpo<rtI Coltoo Asa a
eew York Coffee Exchnngc. I New Orleans Board o^! Trade. I r.alrcston Cotton Ex.
L.«|... L... oiKSraffiSSBftSMUuw.
ALONZO RICHARDSON & CO.
NAME OF STOCK.
Anmla*imnte<l C<
pper.
Atlnntl.' Const Lit
America i Sugar Itof, .
Annrnnihx
American I^ocomotlve.
do. prolcrrw. .
Hnltlmore A Ohio. .
Brooklyn Rapid T. .
Canadian I'acific. . .
Chicago A Northw’n.
Chesapeake A Ohio.
Colorado Fuel A Iron.
Central Leather. . . . ,
do. preferred. .
Chicago A Great W. •
Chicago, M. A 8t. P. ,
Delaware A Hudson. .
Distiller's Securities. .
Krie
do. preferred. . . .
19%
General Eleetrlc.
Illinois Central
Am. lee Securities. . . .
Louisville A Nashville. .
Mexican Central
Missouri Pacific. ....
Total stock sales today 633,20Q~siinreiiL
45 S
45%j 45*1 45*.
. Say}’filH)’211*1
1)0V«f 13t" 4 | 129 I 129 I
93 | 94*| 93 .
1»l*l 141*. 140*
45%
7ft*
I 212%
56*
27% 27V
66 65
25*
*92%
IQ9>i
86%
19*
33%
95%
94* 94* 1 93%
140*1 140*| 141%
*9% K9*f
65*] 56% 6o%
- I -
143%: 143% 1+4-
36% 1 36% ^
2'%, 27
M'l
1WH, -
WtD S4
6»H r -•
19%
NAME OF STOCK.
N. Y., Out. & Western. ,
National
Nor 1 her/i Pacific. . . .
New York Central. . .
Norfolk a Western.
Pennsylvania
People’s Gnu
Pressed Steel Car. . ,
do.
Pacific Mall
Heading. ........
Republic Steel. . . • ,
Hock island. . . • • .
do. preferred. . . .
United States Rubber.
do. preferred. . . .
Southern Pacific. . • .
Southern Hallway. • .
do. preferred. . • •
Slows -Sheffield. .....
Tenn. Coni & Iron. . •
Texas & Pacific
Union Pacific
United States Steel. .
do. preferred.
Western Union.
Wabash
do. preferred. .
Wisconsin Central,
do. preferred. .
if
iiiij
m
Private Wire to Gibert & Ciay.
New Yi»rk, Get. 24.—Marshall,- Spader
Co.: "While most market operations L-_
conservatively fnvomble. It ts quite possible
that the course of foreign markets nnd
the finunclnl situation lu I/ondon tuny <-oti
tlnue to form the basis for trading hen*.
We apprehend uo difficulty In connection
vlrb the London settlement, which begins
today, and believe a letter feeling will pro
rail after Its conclusion.
New York Financial Bureau
tlon Is bullish In Amalgamated Copper,
which may !>e bought on all soft spots.
The absorption of Atchison Is very good.
nnd n Hue should be taken In It. Smelt
according to a specialist, m-nijf imuinn w
Guggenheim Interests. St. Paul Is much
better held, tho establishing of new support
around 170 being reported. Canadian Pa
cific Is meeting pool accumulation near 177.
Ualtlmore and Ohio and Chesapeake nnd
Ohio should be bought. New York Cen-
by Rockefeller Interests.
due for n good rally. Pennsylvania 1
maintained Its 140 support, and should
I Knight wheuover weak, we are very In
on nil recessions. A specialist tips Item...
for a special rise, reporting gtmd support
around 143. Information Is bullish on Union
Pacific nud Southern Pacific.
THE WEATHER.
LOCAL FORECAST.
WEATHER CONDITIONS.
NEW YORK.
Tbe following Is tbe range la cotton fa*
tur.s-ln New York today:
6cT“
Nov. . .
Dec. . .
Jan. . .
Feb. . .
.March. ,
April. .
May.. -
June. .
1 Ml-
o
i it
..,l(l.99Jti;in.9J4>i
10.9011.96 10.91*93 10.91-93
11.00 11.00 10.87 10.94 1046-9110.10411
11.05 1L07 10.96 11.02 11.01-03 10.90-11
11.09,11.on n.09 M.09 U.06-MU.07-00
tt Miff o «« (t jj - -
steady.
il.10 11.2411|1311.18 11.14-18 11.16-17
11.25 11 2611.17 11.17 11.p :• !l.l* ■
11.25 11.12 11.20 11.26 11.26-3? 11.22-24
..... “ 11.25-27(11.26-28
OMUljTULtt a8411.33-34111.82-33
LIVEKPOOL.
range
clese.
Futures opened firm.
Opening. _ Previous
Range. Close. Close.
p:l£rw: if f& «
>>?•'.-Xtarri. *.‘IS 1oiJ4 fiMji
Marrh Aprll 6.00 -«.0(^ 6.96 6.96
Aprll-May o.w 6.98
Uay-June «.04>{-«.t!j 6.01V4 6.00
Jnn.-Jnly 6.00 -0.0JH 6.06 6.01H
Cloa»l easy.
' The following fs the range tn cotton fu
tures in New Orl **■“ '*
NEW ORLEANS.
1
O
8
!
w*
13*
|
Jii
£v
rtet
Nor
Dsc. . . . .
Jan
Feb. . . .
March. . . .
April. . . .
\iny
June, . . .
July
u.ii
10.93
10.88
11.08
li.28
’ll! 38
11.11
10.09
11.02
11.12
ii.’ii
ill 42
11.06111.10
10.9*10.98
10.96 11.02
11.06 11.12
ii'aii'ii
1L3S 1L42
10.06-11
11.01-02
ii.ii-u
11.17-19
11.31-32
11.36-38
11.43-46
11.48-50
11.57-53
iTOT
10.01-93
10.93 84
11.02
1L22-23
11.27-23
11.36-37
11.41-43
11.50-51
The storm nren over Missouri yesterday
morning has Increased In Intensity and
moved northeastward, musing rain In the
Missouri nnd tipper Mississippi valleys nnd
the lake region. Light rain has also fallen
in all districts of tue cotton belt.
The eohl wove over the west has moil
Mountain region are still below
Abilene, Tex.
Rain, with colder weather, Is expected In
NOTES ON GRAIN
Pointers on Provisions.
tne prcceuing any was recovered ana a
S olti of almost as much added besides. It
:ss plain that the short selling had been
overdone, and that there was something
like congestion Is the local market, if
least. Houthwestern centers supplied on el-1
cusnt of weakness, here durlug the earl/
hours.
laook to see some further upturn lu
wheat today.
Corn nnd oats are gaining friends dally.
Continue to favor purchases on soft spots,
Provisions list firm In spite of weakness
In hogs. Covering of shorts In October
nnd November lara has helped. Ellsworth
ATLANTA MARKETS.
FRUIT8 AND PRODUCE.
Official!/ corrected by Atlanta Fruit and
Produce Exchange.
Pineapples. $3.60^4.00.
Bananas, straights.
Culls, per bunch,
- *,iVc
FitniT (i
g ilwrta pMchm. p,r Nix. *1.5
nuntaln Itartlftt p*ara.j>«r
Ori>ui plum*. p»r crate. 3£00.
Iiaacb. 61.5001.76.
CALIFORNIA
_ (Fancy Stock)—
box. OJA
- - box, 16.3.
WHEAT OPENED
El
Early News Was Mostly of
a Bullish Average.
■ Trade Dull.
Chicago. Oct. 24.—After ruling strong and
higher early bn the strength of bullish
cables and light arrivals In the north
west. wheat turned heuvr on Increased
offerings and fsvora^ls Argentina ucwsj
onta followed wheat, profit-taking finding
the markets with little support. Closing
~ K —* *OHe lower; corn %c
prices for
lower to
shade firmer,
firm,
to %c higher; oats unchanged to s
I firmer. ProvlsIfiiM^MMMMlHlB
particularly lard,
ilgher ' - k *
7%c higher for November and January.
Private Argentlua eahlet- said danger
Col am bf a p rones, per crate. 15.00.
- -ttte.lf oa
r crate, 82.00.
Blue Molvol
__ ts. per
Citconnnts. per sack. 14.25.
Lire ducks, felt
lirewied fries, l»®Me pound.
“«»27Me.
toeSMc; cook-
oner. new. 10196 pound; tn one-pound
Ira 10A12£,
LRfr—Irfsb potatoes, Na
tabb
Lima ‘Sana, ptTpoond, fie; Navy, 1110 ppr
bushel.
Unions, per bushel. |Lto
New sweet potatoes.^
Kraut, half-barrel,
34»
per buxbet.
FLOUR. GRAIN, PROVI8ION8. _
FLOrn—fte&l'i pstent. W.W; Illamond
■*: _S*s9£ouUn .Btjr. ^H^fsncy
Mtent! *»;’Red*R«irle? R.a>; uiue eyiAy-.
! 3.90: fsney. 13*0; spring wheat patent, 11.09
^CORN-Cbotee red rob. J»c; No. 6 white,
le; No. 1 yellow. «k: mixed. «7e.
OATH—Fnolee white clipped. 49<; No.
while. 46e; No. 1 mixed, 47c; Texaa ru
proof, 50c. . . . .
MEAL-Tlaln water-ground, per bnahel,
e; bolted, l«»-pound JoteAperhuihel. «o
aorS; white. ItM: medlim. H.40; l.rnwn,
[.a: pure tirnn. Il.lt: mixed braa. 11.15
nAY-Tlmotli- choice Inrcc halea, }U«:
j>„ eholee small hales. <1.10: do.. No. 1
clover mixed, 31.00: to.. No. 6 clover mixed,
31.00. Choice Reminds. 80e.
RTB—(Jcorgls. 31.10: Tennessee, 90c. Bar-
'fee* shore prices are f. o. b. Atlanta.
GROCERIES.
M
_ ji. 313.50; bulk
Ca'mn'na^ 4Mdh5c7»'c«n'lo's to tho
^IIKEflE— Fancy fall cream dairy, 15Vic;
"ruOtMtAlONS-IInpreme ham«. 15c. Goto
ham*. lSftr. • California hams. 10c; Red
Crosa ha mV. Ur. Ilry silt extra rlht, 39.3:
hemes. 8)4 muiiKls. HUO: tat hseka, »3*:
ilstes. a»i«opre«s tard; 33»^led Cr—
Bf?
Blow Drift compound,
STOCKS AND BOND8.
Georgia 4H's. I9U...
5 s, MS-.
klacoa <3 1*10
Atlanta Fa, UIL,
Atlanta 4’a, 1 *H
I*
Atlanta Ca. ISM. TO
Atlanta * Wea^otat..., j; ... MS
Atlanta A West Point dehts..
_ Iseomo,.
do. ad laeome
Georgia
Angnata A ftarannak.
(viutliweetem
Georgia I-arlflc lata....
::::::: lH
STOCKSn REVIEiVED *
BY NEW YORK SUN
raijy" ewoirk',' litwjwu sM*o%^lff
PUBLIC ACCOUNTANTS
AND AUDITOR?
Empire Building. Bell Phone, Main 858.
ATLANTA# GEORGIA. -
iaaffw'sjra&r-
ove» the ptaa for relief of the money slttM-
tlon by ths sterrfary of the tresnry. Part
ly as a result of aellln* of atocka upon the
hanty theory that the eecretary of the
treaanry'e action woohl he without tnaactal
cSect and partly hecanse a natural rear,
ooory teadeney foUowtag upon Monday a
ioleat adranc* la ralnea. the eernrtty mar
ket yrsderday In Ike early session was
henry, sad anally declined rather shnrply.
Kettflmeat. bowerer. hccsnje much more en-
couraglng aa the itar adranced and the
falling morrmen, In Prices was aurreril-
i..| t.y s rising one. which cal herd no III-
rle headway, am 1 le/r Una I nnolstlona for
the principal atocka adranced orer Jinn-
day's clone. Then) were no special features
In It calling fox cvuuueaL"—Ulbsrt A
flay. . -
Primary wheat receipts wore
ela. against 1.206.000 Imeheli last eyar.
Hhlpments were 036,000, compared with
0.000 huahela.
Corn recelpta at primary points were *10,.
000 bushels, against 143.000 bushels n year
ago; shipments 694,000 bushels, against 456,-
ooo bushels a year.
Clearance, of wheat and floor Were 526.-
000 bushel,, corn 8)1,000 butbela and oats
70 bushels.
CHICAGO GRAIN MARKET.
FACTORS ABOUT
EVENLY BALANCED
New York, Oet. 24.—The Bun says:
was s narrow, professional ranrkoV with
small changes for the reaeon that tho foe
tors pro and cun nbovt balanced each
other. That Is to any, while Texas had
in one section s killing frost, the weather
In the main wot better than bad been ex
pected. If some prominent operators
bought freely, others sold persistently, and
spot Interests were also steady sellers,
some reports seemed to encourage tho Idea
that after all a good crop had been raised,
one firm Issued 1111 eittmsto of only 11,250,000
bales, or 1,000,000 halea less than the world's
consumption of American cotton last sen
son. If the weather, taken as a whole, was
favorable, the signal servlco predicted frost
for eostoru Texas. Oklahoma nud Indian
Territory during the ensuing twenty-four
hours. If the crop mmement was ex
tremely large, the bulls sot It down to (nrgo
buying by anxious spinners nnd not to it
large crop. The weather news today nnd
the glnners' report tomorrow may give It
a Jog nnd Infuse a little more life, snap
and interest luto It. Borne hesitate to buy
cotton on account of the recent big sit-
ranee predicated on the Idea of serious dam«
age to tbe crop, which la coptnidldrrt In
some quarters. In ouy case, they think
prices idgh enough at the'presents'Others
who. In dr -*—] -ng-ggf-^ "
for*todA°‘follow• #n4 proT * rton WKrtfittogs
High. Low. Clorof Clwre?
WHEAT^" 1 '
fc p
Dec..
at « g
i s 9 P P
fc. %
|fl EIH
upon the rather logical belief that un
seasonable weather uas done little more
eliminate that portion of s monster
itch. In '*
than eliminate that * I
prospective yield which. In the course of
time, would have proven n burdensome
nulunce without any compensating return
In the nieantlmf. however, the previous
favorable outlook impelled many folk with
in the cotton belt to tnkc the abort side, a
Jan.... 11.18 13.79 11.52% 18.70 18.g%
Mjj.»«g.67% 13.75 13.67% 13.75 13.72%
Oct„.. *9.80 8.80 8.75 8.71 t.78
No,,... m 9.16 Ifk || J.^
Jan.... 8.22% 8.30
BIDEB-
Oct,
Jan...
“tt
m m m if*
No 8 ” r'V »ta«7JK: No r to IT
No. 2 hard winter 72Q75; No. 3 do
73%.
LIVERPOOL GRAIN MARKET.
Wheat—Opened
%c higher; closed higher.
Corn—Opened %©%c higher; at 1:80 p. m.
%(ff%c higher; dosed *fl%«- higher.
WEATHER IN COTTON BELT.
Texas—Tyler and Dallas cloudy and cool.
Bhennan clear nnd cotil; light frost. Hous
ton. Temple and Ban Antnnlo dear nnd
coot. Belton partly cloudy. Sulphur
Springs clear and cool. Colorado dear;
hoary frost. Merkel heovy frost. Fort
Worth clear nnd cool. Ilaakell cool: kill
ing frost. Stanford cool. Abilene, killing
Mississippi—Jackson dondy. eolder nnd
partly
Amory.
‘ nud
rlnkllng. Bmokhnren. Greenwood. Ynxoo
•»y. Vicksburg. Notches, Ha**’
•loudy and cool. Meridian
doady and cool. New Albany,
Aberdeen and Holly Springs do
cool. Tupelo partly cloudy and cool.
WEATHER FORECAST.
Georgln—Partly cloudy Wednesday and
Thursday,
Lo
mlsfana—Fair Wednesday and Thurs-
% nt Florlto >ml Alnlmm,—Fair Wed-
B»rt*x Mnl Thoradjv.
MlwlMlmil—F«lr Wrtni>«d»y;
i, lat.rlor; Thuradny fair.
warmrr In
NORTHWEST CAR8.
car, of todsy, Ian week nnd la,t fear:
4 S
THE CUOAR MARKET.
New York. Oct. 34.—The market for lo
cal refined and raw sugar steady and un
changed. London beet market weak.
fact which has marred to no aninll extent
the otherwise pleating aspect of the pres
ent rise. Consequently, the rings have lost
a large portion of the speculative follow
ing which. In the absenco of heavy losses,
would now be backing up the Judgment of
" *“*' - * “*■ —raised
COTTON REGION BULLETIN.
For tbs 24 hours ending at I a. m., 75th
mnrldlan time. Octolw»r 24, 1906.
STATIONS OF
•Chattanooga. roll
Columbus, cloudy. .
Gainesville, cloudy.
Greenville, cloudy.
Griffin, cloudy. ......
•Macon, cloudy. . . . . .
Montlceilo, cloudy.
Home, clear
Hpnrtnnhnrg, ruin. . . .
Tallapoosik cloudy. ....
Toccoq, cloudy
West Point, cloudy. . . . .
- fouily,
•Mlniinnui temperatures are for
a x's
§
Light frost at Oklahoma, Okla.
CENTRAL
STATION.
Atlanta. . .
Augusta, . .
Charleston.
Galveston. .
Little Buck.
Mobile
Montgomery. . . .
New Orleans. . . ,
Oklahoma.
Savannah,
Vicksburg. . . . .
Wilmington. . . .
U
Diet. Averages.
In
SM
.02
Indicates Inappreciable rainfall.
REMARKS.
Temperature talla of 4 to 12 degrees were
noted over the western half of the belt; In
other sections the changes were uulmpor-
Cloudlness prevailed over the belt,
W. A. MITCHELL,
Temoorarlly iu Charge,
NEW YORK COFFEE MARKET.
range and
the lenders. The weather forecast promliu
on. but —
the day’s program fulled to nan out as
expected. On the other hand, many an
meat showing, and the easier tone lu the
•pot market, but for the restraining In
fluence of a bullish!/ disposed doth trade
cent hiatory hare tb« mills „
tloo to operate on ad favorable a basin an
they are now enjoying. The situation does
not lack wholesome object lessons, l>nt the
talent lacks ambition. If uot the murage
of conviction. Tho glnnera* report nu^ de
velopment* In the spot market way and
probable will encourage greater activity In
speculation, while narrow fluctuations
should enable exporters to put through
some delayed fresh business. — Gibert A
Clay.
And Cheerfully, Too.
“Ninety per cent of the men In thla
world make fools of themselves for
money.”
"Worse than that. Ninety pqr cent
of them make fools of themselves for
nothing.”—Cleveland Press.
SOUTHERN EXCHANGE
Oldest Established Office South.
COHOS STOCKS Bonos OfiAIH
Ground Floor Gould Culldlng. Daily
market letter and market manual
mailed on application.
L. J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, GRAIN
Correspondent's Capital $250,000
January..
February.,
March
&?!::•••/
June. .. .,
July.. ..
August....
Open!
mm
ng
i**r .fin
6.3
•er 6.3
_ aa*c.
..6.30-6.86
. .6.86-6.45
,.6.60
. .1.604.60
..6.60
;;3«.3.7»
. .6.75-6.85
October
Noveinlter.
December. .. .
Closed steady.
Close.
62.T-6.25
nm
d. 40-6.50
•PI
irl
9.75-9.90
6.10- 6.15
6.10- 6.16
115-6.2*1
Pl'iees of All the Leading ]
fcues Showed Material
Gains.
LONDON WAS SELLER
recoil. The traction shares were
strongest quarter of the list, getting back
almost to the highest figures of a week ago
«nd demonstrating cotieltislvely that what
ever uneasiness there liiuy have been over
the state political campaign It has not
touched Wall street. But the general pub
lic paid as little heed to It ns it did to the
Improved sentiment abroad nnd to the was-
to move decidedly either up or down.
‘Tew lork, Oct. 24.—Most atocka showed
dullness j/X the opening. Northern Pacific
“ * wu %, Baltimore
wo a down %. Baltimore and Ohio, Union
Pacific and lleadlng were off %. 8t. Paul.
AmsigamstiHl, Atchison and Colorado Fuel
% and Great Northern preferred, Erie,
ronuaxlnttila and New York Central wers
unchanged. Sugar was au exeeptlou In ad-
v *nrtn* y. poigt
The stock market ruled quiet and strong
all through tbe first hour, with prices of
all the leadlug Issues snowing material
»tlus. Advances generally raugttl from l
to 2 points. There waa nu absence of im
portant or significant operations. Loudon
sold Ht. Paul, Northern Pacific. Union Pa
cific nnd Heading and bought Coppers, ths
tales exceeding purchases by almut 20,003
shares.
Government
bonds quiet.
bonds unchanged, other
THE LONDON STOCK MARKET.
STOCKS—
Amalgamated Copper."
Annrondn
Atrlilat/n
do, preferred..
Baltlmoru nud Ohio.
Canadian Pacific......
Chesapeake nud Ohio.
Chic., Mil. and St. Pan!
Brit..
.oalsvtlle and Nashville
Missouri, Kansas and Toxas..
do, preferred..
uu, pmvrrni
New York ('•ntral. . .
Northern Pacific. . .
Norfolk nnd Western.. .
Ontario nnd Western.
I 'enusylvanla
leading
Cock island
Southern, Pncffle. .. .. .
Southern Hallway... ..
I ’uiou 1‘aclflc
United States Steel..
«lo, preferred
182k
106%
LIVE STOCK MARKET.
..HBH. 24.—Hogs—Estlmnterl re
ceipts t«Hlny 28.000. Market 6fll0d lower:
quality fair; left over 5<472: bulk IC066J6-2);
estimated for tomorrow 1H.000: light bogs
Cattle—Estimate*. r . T
■teody to 10c rawer: quality fair: breve*
hum-90; cows $1.40e6.«: heifers 83.40^5.25;
era and fmlera 82.60ff4.5a.
«*p—Estimated receipts 25,0oo. Mar
ket strong; quality fair; native U26ft.V>
western ^U^6.50; ycnrlbi^j ».4^0.10;
lambs |4.5!
COTTON SEED OIL,
October
November. ....
December. ....
January, . » .
5 larch
Bales, iw5 November *st -
34%. Closed steady.
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 Modem Conveniences
You should not be without one. We invite
you to call and inspect them.
Title Guarantee and Trust Co.
WM. L. PERL, President.
ROBERT P. MADDOX, Vice President
THOMAS J. PEEPLES. Cashier.
JAMES G. LESTER, Assistant Cashier.
JAB. P. WINDSOR. Assistant Cashier.
MADDOX-RUCKER BANKING COMPANY.
CAPITAL
SURPLUS AND PROFITS
. $200,000.00
. $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.
STOCKS STRONG
II FIRST HOUR
There Was an Absence of
Important or Signifi
cant Operations.
New Yovk, Oct. 24.—Interest nt the open
ing of today’s market converged upon the
London fortnightly settlement, where it
\vns known that the carry-over would dis
close exceedingly high rates on American
shares. Tills expectation was fully realised,
the ’’contango" charges arerngtug appa
rently as high ps 8 per cent, nut whatever
liquidation might have resulted from un
willingness of speculators to pny these high
price* was ahown to hare been completed
before today.
There was n general fall at the opening, a
quick, recovery, durlug which vurjlous indi
vidual Issues showed n conspicuous strength
reference:, the neal dank
PHONE I-SIT. PRUDENTIAL BLOG
Frank Ifawklns, President
McCord*. CatfJer.
Third National Bank
. . $200,000.00.
. . $300,000.00.
Capital
Surplus
Dr. A. W. Calhoun.
Jill ton Vargan.
John W. Grant.
H. Y. McCord.
DIRECTORS*
Frank Hawkins.
H. M. Atkinson.
Joseph A. McCord.
J. n. Nunnally.
J. Carroll fiynst
E. 11. Rosser.
David Woodward.
LOWRY NATIONAL BANK
Designated Depository of the United States.
CAPITAL $500,000.00
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. 1