The Atlanta Georgian. (Atlanta, GA.) 1906-1907, October 25, 1906, Image 11

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THE ATLANTA GEORGIAN. 11 GOVERNED PRICES I Government Report Was Followed by^a rop of 20 Points. 4,910,000 BALES GINNED Price Movement Was Errat ic After Publication of the Report. n>k York. Oct. 23.—ConsMsrine the «. til, til.' lord cotton market this morn* , n« owned Stonily. Traders were very rh’ thins under 4.600,000 holes would he con- Itrueil tralllsbly nnd muse an advance. I iverpool opened about as expected this no'rnlns tor fnttfres. the openluf Mnf V 3 points Metier. There was n sharp ierlltie Inter, the close showlnr dedlvs ot shout s points ns compared with yesterday's 'Slowing IS the range In the active mouths In Liverpool today: Opeu. High. Low. October N’ovemltv f-W4 S-JJH 5.57 Jsnusry-February 6.96 6.M 6.54 ujri li April .. • .4.0. t.,03 6.91 «!, J.int- 6.06 6.0614 (.96 Soon were quoted 9 nolnta tower at 6.SSd lor middling; aalea 7,4)0 hales. New York at tba opening should have i4n Iiuchnnged In response to Liverpool i -—'"g. however, was from advices. The opening, however, was ; it; n.iints lower for the active posit, uu *. tod during the morning session the tend* enrr was downwnrd. The doralnnnt fnetor was the govern ment report of the ginning up to October t„ ho Issued by the goverament nt 2 'jo&rlug liy the action of the early mar- 1,1. the trade Is expcctlA lha figures to bp |u*arlnli. ptirine the morning, the National Gin- ttsri' Assoelntloit Issued Its report. It placed the ginning nt 4.700,000 bales, result- f nt In some Minis nnd n declfue on Ita snya In reference to tho gov ernment report: "On tb»evening of Oclo- ber 33 I wired the glnnera who had re* ooestcd me to do so that my fortenst of Jetton glinted to the J*th waa 4,600,000 to 4.- sjaooo. I am Itielltted to think a total of 1000.00) bales must Ita regarded aa Indies- titc of n moderate crop and one considera ble under 13.000.000. X ginning of tinder ftVx.OOO will lie less thsn any year except 1 IMS 1 estimate the total ginned to the Mill ns 43 per cent of the crop." i At 1 o'clock sharp the report liy tha gov ernment of the ginning up to Octolier was made public, giving the amount glutted nt 4110,0.10, ognlnst 3.044.03a last month. 4.940,- 1 IS Inst year oud 6.417.000 year liefore last. Immediately n sharp decline of some 9) points took place, kut flve minutes later ate improvement, though feeble,,set In. Deeem- lef gnlolng 10 points nnd January 7 points from the low point The advance was more the reault of short! taking profits thsn northing alas. ... ... .... Compnratlvi receipts nt nil United States port*: . ^ >>t nTOlpt* tOdfly 8.1 mo day laat year 8aiu*? time’Inst year....*. 2,174,820 ,-to.lto * 1901. New Orleans 8,000 to 11,WO 4,818 Gilrentoli. . . . . If.000 to21,000 13J72 H'lntton 18,000 to 14,000 16,808 The Close lu New York waa steady, with price* net H08> points lower. SPOT COTTON MARKET. Liverpool, spot cotton* easier; mldt nplnndii 0.20d; sales 7.000: American ►pcrulitlon nnd export 400; receipt* 7,000 Auicrlcnu 4,900. Atlnnta, steady at 10%e. New York, dull at 10.95c; delivered on eontract 1W. .... New Orleans, easy at 1046c; delivered on feiilrnct 200. Angustn. steady at 101E-I0<\ •arnnnah, quiet at Ht. Louis, steady nt 1146c. Ilnston, dull nt 1144r. — llouitou, stendy nt 11c. ftaltfuinre, nominal at ll%c. Galveston. firm at 11 l*18c. Norfolk, stendy at 11 1-lfic. Mobile, easy at 10T6c. TODAY'S PORT RECEIPTS. NEWS AND GOSSIP Of the Fleecy Staple. Print. Wire to albert A Clay, un ^ or * t * Oct. 26.—Liverpool opened - nfi'n a *m? S l lllW,e< V 0n ***■ A*** WU Should open nnebanged. b.lllson <-abtas: "Consnuiptlnn American rnfaura":” ^MiK&r 0 ' 1 r,,,u,re - scWA&'»? ,ti aT *. fo . r penersTly fair today !SS*f^M r li OW; . r,OU(, ‘ r * n *a*fern belt, with ?«. nff, ! ompe r ,ltl,re ,n tho-central ern belt*' 1 * 1 not n,uch ch * n 8 u la the west | ' Kln * hare declined to report to the Bmcnuncnt, hut the figures should exceed «i?r ul' «,?i arkPt . ! ,e S v T •«<! **» attempi - T» mn, * e to •do® It on the hull side* J?***, 1 4Kl Cen .• u 5 , ,,ut tnarket vwlll not long stand this hedge selling. New Orleans, Oct. 23.—Uverpool nt 2 to npproxlmntes expecta- op*nliig ni1 ,hou J not materially offset our This market Is without nny particular feature. Home quiet liquidation of the lone Interest Is now In progress, hut the trade Is content to nwnlt the bureau. The map today Is excellent—clenr. dry and cool. Mueli higher temperature* are observed In the northwest, which should indicate warmer weather for the l»elt. The eastern forecast Indicates fair and colder weather throughout for both tonight nnd Friday. * The western foreesnt Indicates fair' and warmer weather throughout. WARE & LELAND’S DAILY ' STOCK LETTER New York, Oct. 26.—The stock market opened generally heavy and lower. Traders were bearish nnd were Inclined to sell stocks on the theory that they had failed to advance on good news like the in creased Norfolk dividend rind might conss- quentlr expect them to work lower. The old dividend rumors have been revived >oqt Brooklyn Rapid Transit. Around jlddsy the market was dull nnd feature- wRh a light and diminishing volume of business. Traders were scalping small turns, nnd gofajo of the usually most ac tive traders were not on the floor at all. Transactions were small. The Oates oarty wss active In the campaign against united States Steel. Selling by Atwood. Ylolett l Co., C. C. Cutes & Co., and Wolfe Hr#*., was snld to have a common origin. There wnn, however, a very good market foi stocks. The following table shows receipts nt the port* today, compared with the same day w*t year: INTERIOR MOVEMENT. Tho following tnhle showa receipts at the Interior towns today, compared with the MBJC inst year Houston. . Augusta. . •Ictnphln. . 8t. Lml*. , Uuclnnntl. Tntnl. 14801 8618 8678 “15 0IBERT & CLAY'S DAILY COTTON LETTER. Orleniw, Oct. 25.—In Liverpool op- "?•> *»« Influenced liy Itcsriib estlmnte, IL..", 1 ’ 1 'Obsnmptlon snd stxe of crop by I'biminpitt Rrttlsti nnthoritles. Flnnl prices r 1 ,5 lo 6 points lower thsn the pre- 5, f* while In spot* 7.009 lisle, chsng- n, iJ" *. 1,1 “ los, of quotations of 9 points. of the long Interest progretuted p-ndlng tho glnnera' report. The Oi. ,‘T( 5** *®fi»94 suffleleotly to jnstlfy 'r'lWf thnt rapid progreu Is Itelng ?*T ln .picking Slid ginning. This Is more '■erne oat by the continued large JJralpts ttalljr reporte,!, nnd which hove not materlslly affected prices, owing to Jiu .1 't"* October commitments are to lie hexvy nnd are not a* yet com- BULLISH OR BEARISH GINNING FIGURES “There Is a great deal of talk about whnt figures will be bearish nnd what bull ish as to the amount of cotton ginned up to October 18,“ snld one of the best-posted nnd most conservative cotton men In New York. “Speculators are making on effort to warp the judgment ot the market to suit their own purposes. Let us take a* fair view of the matter, however. We all kuow whnt the -report up to September 25 wns. We knos^ that It wns 312.000 bales behind that of Rit yenr. At the same time, we know thnt this crop Is very late, what ever Influence the last report had wns felt as soon ns It was received. The question now Is. Does the ginning promise a large or a small cron? It has not been a pe riod of pnrtlculnyly favorable weather for rapid ginning outside of Texas, and the crop In still Just ns much later than last year ns If ever was. Lost year ginning wns very heavy during this period, ana 2,686,000 bale* were ginned. If there has been that much ginned during the snms time this yenr, with n crop so much later, It would not, to my mind, he n bad show- . a repot ginned during Hum was gin In tho laat twenty day* more ltd during the same tlm spite of the late crop, am ~f Ten**—It seemr * be bearish i we hare the report will during the last twenty day* we h*Te gin- peddles*jjhan 3,686.000Julies, C *" 000 bales the last report wasWHMI twenty days of actual glnnlhg would, course, be manifestly absurd. —New York STOCKS REVIEWED BY NEW YORK SUN New York, Oct. 26.—The Bun eeys: “With out soy particularly assignable cause, the •ecurlty market yeaterday waa heavy, ana no tint „ , „ . made In the principal stocks. All the ac tive stocks moved lu nearly uniform fash ion, and the market presented few If any features of apeclnl Interest. The announce ment that the Norfolk and Western had declared a semi-annual dividend of 2V6 per rent on the common stock of the road, thus raising the annual dividend ^distribution on the iloctn— ** of coarse. noon bxtl nthered hradtvtty. and It mci In check the fait Imt llttie."-Olbert Cloy Ohlrago, 0,1. 2(.—flog*—Retljtwited ly- cetnte Indny 19,000. Market generally Ic higher: qunlltv fnlr; left over 4.141: bulk 16.O806.*: eatimnted for tnmnrrnw 15.00): yorkere 90.t0G4.40; good lo choice heavy K.B Cattle—Kallmnled receipt, 9,609. Market ateoilr to 19c lower: niajltjr fair: .beeve, J3.95G7.29: cowa 91.40«4.«: helfera g-WJ-JJ: calve. 99997.76; good prime ateera I5.294J7.29; poor to medium 93.1405.27; atockera aud Theer^Rwjfpli 29.006. Market ateady to amiia J4.60O7.90; weatern <4.5907.5*. Edited by Joseph B. Lively MARKETS Mr. Lively's twenty-flve years* sxperlence of ed iting markets tn Atlanta and the South baa made ahlm a recognized au thority lo his specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAME OF STOCK. Amalgamated Copper Atlantic Coeat Luis, . American Sugar Kef. . Anaconda American Locomotive, do. preferred. Baltimore A Ohio. . . Brooklyn Rapid T. • . Canadian rncltb*. . , . I'hlrngo & NortbWn. % Chesapeake A- Ohio. . Colorado Fuel A Iron. Cf-ntral Leather. . . . do. preferred. . . . Cblrngo A Great W. . Chicago, M. A Ht. I*. . Helnware A Ilndaon. , IMstlllcr'a Securities. . Erie do. preferred. . . . General Electric. . . . Illinois Central Am. Ice Securities. . . Louisville A N« ah rills. Mexican Central. Missouri “ " dlssonrl l'nclflc. ' NAME OF STOCK. . 68% © 43**1 48H ! 764k 75S 73% 75 v ITS « 174** 176Vi J 178% 173V^ 172V* K»»k: H9\; 89*5 89 >1 HVJ W? 1 U3i4 U3\i I N. Y., Onr. A Western. National l.cnd Northern rnelflc. . . . Now York Central Norfolk A Weatern, . Pennsylvania People’* Gns Pressed Stool Car. . . do. preferred. . . . Pacific Mall Itl'MillUR Republic Steel nock Island. . . ^ do. preferred. 'tile. . . Southern Railway. . do. preferred. . . MsMlfcoffleld. . . . Tens. Coni A Iron. . Texas A Pacific. . . . Union Pacific. .... United Htnte* Steel, do. preferred. . . Va.-Cnr. Chotulc.il. . do. preferred. . . Western Colon. . . . Walaieb do. preferred. . • Wisconsin Central. . do. preferred. . . NEW YORK. The following la tho range lo cotton fn- turealn New York today; :::: 10.6) c*:-* April. Mar June. . . . ~aly.. ... Closed steady. lutflnlig ia»7rii.to io!§4-66 law-to 10.61-65 j 10.92-94 1.18 10.79-81 11.18-20 >.*s W.86-8S 11.28-31 ■ 10J7-891U26-27 ^ 113- 34 LIVERPOOL. TLs following table gives the opening range and close, compared with yesterday's ihI stendy. Opening Previous Range. Close. Close. October 6.04 -6.03** fi.94*i 6.01 Oct.-Nor ».W% B.S 6.96 . Nor.-pec ..6^4 6.K 6.906$ fcif l& b ra«..: : :•>» « « ** *prIiMr^ ;*:•.« -6:m 5:9s .....6.04 -6.08 6.94 6.00 AprII-May . May-June 6.06 -6.03 6.96 AOIfc June-July 6.06 -6.04V4 6.97% 6.08 Closed quiet. NEW ORLEANS. The following la the rangi tores In New Orleans today: range to cotton fa* f*T" J Nov. . . Dec. . . Jan. . . Feb. . . Maim April. . May.. . June. Jnl; 9 ri.fo|10.75Fl0.70|U)-Cp 70[ll.ll-fl I mm ■■■0.83 10.67-6!) 10.99-1! Ro.64 10.69 lOto-U. M.75-76 iuit-iii 10.89 10.1*1 10.K9-IKIill.3l-32 10.9I-9T. ' ■ 11.04 11.0* 11.03-04 1 ■■n.to.LM I.4S-S0 11.14-16111.57-69 NOTES ON GRAIN Pointers on Provision•, Chicago, oifl. 26.- „ialn Intact, but a goou nrni or scum weak holders. There Is enough expori maud to prevent nny decline from JiQlng severe. Corn was liought by commlslson houses yesterday nnd sold by professionals. There la a letter tone to cash markets In both com and oats. There la a much better cash demand for oats and receipt* are light. Feci friendly to both corn and onts. THE WEATHER. LOCAL FORECA8T. WEATHER CONDITIONS ..... atom* area over the upper Mlnsl valley yesterday morning baa continue northeastward movement and 1* sow dis appearing over lbs upper lakes. It has caused rain In the lake region, upper' vnl- leva *end northeastern state* and slightly warmer weather on Ita eastern aide. Kalu also fell In the central and eastern por tions of the cotton belt. The high pressure area over the west, with Its accompanying cool weather, has irdsantl southward and now extended easl 'riwt ooriirrail In Oklabomn. Arkanra. nnil _ , . _ .... bii Hr, ov,r th, rntlra Im*U by tonight fair aud coMar wa.lh.r In ihla i South Cnrollnn. COTTON REQICN BULLETIN. 1804. STATIONS OF ATLANTA DISTRICT. -Atlanta, rlaar. . . -I'hattanooga. vlaar. 'alnmlma. rlaar. . . Inlnmvlllr, rlaar. . rcnvlll,, rlouity. . rilTlii. rlMir. . . . *Maroa, rlrar. . . . Mantlrrllo. rlrar. . . N.wnaa, rlrar. . . . Ilomr, rlrnr. . . . . Mnnrtanbnrg. rlrar. . Tallapooaa, rlrar. . Tnrma. rlrar. . . . Wrat I'nlnt. rlrar. NEW YORK COFFEE MARKET. Following I, tha oprnlag rango and dnu of tho Now York coffra market for to day: O billing .. ...» .. ..6.3*6.40 A 40 ..4.40-6.46 66 January I February.. . . March April June July * .... August September... . October.. . . November December.. . . Closed steady. . .fl.604.f_ . . .4.65-4.45 , ..6.65-6.70 ..4.*) ....4.85 Close. A 30-6.85 (i. 40-4.45 6.45-6.60 6.804.60 6.604.66 IMS A254.89 pletety fulfilled. However, an/ culmination of present ra qulrenients would doubtless witness a grad uaI accumulation -of atwic st . varloo* ra wit nd to “in’.u. fignrri'uidajf'aa^anooiiniijVwar, 4. ' ' nurd, amlnat 3.944.W9 la. last year and 6,417,894 jrear liefore last. The larger than expect and lower price*. ALABAMA! ATLANTA GA GIBERT & CLAY STOCKS, BONOS. COTTON. CRAIN. CO FFCC. PROVISIONS, MEMBERS: W * ,ock Exchange. I»w Orleans Cotton Exchange. I Chicago B }-°S o”®* Exchange. New Orleans MM F.xrUaug*. \ Uverpool *ork Coffee Exchange. New Orleans Ronnl of Trade. , PRIVATE WIRES TO ALL EXCIIAN and Long Distance Telephone 5298. C. E. KEPLINGER. Manager. e. I Chicago Board of Trade. EC. \ Uverpool Cotton Ass n. •. 1 Galveston Cotton Ex. 4KGB ALONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS Bell Phone, Main 858. GEORGIA. Empire Building. ATLANTA. •Minimum trniprrnturra ara for ,w*lva-hour period ending at I a. m. tbla date. light frnet at Dyeraban. Tenn., Her nandn. Mira., I'hanJler. IMIllwater. Okla., Anlnmre, and fihaworr, Okln. Killing fro - TuIm. Okla. CENTRAL STATION. Atlanta Anguatn Chartnton (lalvratntr little Book. . . • • Memphle SffiS:.'.:: Oklahoma Kavannah. ..... Vicksburg Wilmington. . Dlst. Avtrages. £ T ludtc.tr. (napprerlalile rainfall. REMARK9. Deridarlly lower temperatnrra obtained In the northuu-ntrnl ana nnrthwrelern por- tlnm «f the belt. Mutant, ta le .Ira or- rnrrrd In the anntheentral port Ion.. Kler- where the rhnngra were not Impertnnt. The only diet riot, rr.-rlrlng apttrerlaWe amimpte of ralu were 8 * T “,£ h Tamoorarlly In Cbtirga. WEATHER IN COTTON BELT. Texna—Ann Antonio, rlrar nnd raid: Ty- r. fiherman. Sulphur Kprlaga. llouitou. Merkel. DuWIn and Atvilrne. Hear nnd r,ml; Italian and Belton, rlrar and pirn rant; Tem pi,. Ctaro, Colorado and Bwertwairr, Hear and cold; Hie", elear nnd raid, light frimt. Mlrilirlppl—Yaioo City. Jaekran, Mrk.- ruri. Saw Albany! Tupelo. Corinth. Holly Kprinaa. Amur/. Haaletiurat. Nnlchea nod AYararna^Troy*^kbtntfernery, and Hunta- Tennenee^Mruphia. Heir aud raid, with heary troet. WEATHER FORECAST. Frnala are reported at the following nolnta: Killing froat at Balllngtr, Tex.. Irmperatttra TJ: Tulra. I. T.. Ileht froet nt Ityeralturg, Tenn.. Hernando. Mlaa.. Okla- huma. Ithawnee. Amite, La,, t orlngton. La., ^LrallhrtJ^Mlralnainpl and Baal Teaaa- Kalr Tharelay apd Friday; alowly rtalng , '!P*¥!S* ,,r f.', tr atK ) rdlghtly colder Tkura- fair Alabama—Fair and ^Wrat 1 TeMa*'a'mUArtnnrao-ralr Th'ir. •jr anal Friday. _ . . Terinranee—Fair Thiirr.bry; cutler lu '.ha i,t portion; Friday fair. BUYING WHS GOOD; OFFERINGS SMALL Bullish Early News Caused Slight Advance in Price _of Wheat. Chicago. Oct 25.—Wheat duplicated Ita performance of the day before, rul ing strong and higher early, but finally yielding to selling pregsure and toilng all the early gains. Bantlment In the pit at the close was confused. Com wet relatively firm on talk of export business. Oata were dull and firm. Trade In provisions waa large with ahort covering the feature In lard and riba. At the end prices were l-8c lower to 1-lc up for wheat, i-g to l-tO<-Jc higher for com, oata unchanged and Jg products 6c lower to 5c higher. Argentine wheat shipments for the week were estimated at 174,000, against * >166,000 bushels last year. Com Primary whaat receipts wore l,02J, t 000 bushels, against 1,146,000 bushels last year. / Clearances were large, especially from New York, the total wheat and flour evports being 047,000 bushels: corn 2(4,000 bushels, oata 11,000. Local cash Sales were 25,000 bushels wheat. 15,000 bushels com and 140,000 bushels oats. Seaboard sales were 44,000 bushels CHICAGO GRAIN MARKET. Chlcsi ,r todi { xraln and prorlatoo quotatlous Pnt Open. High. Low. Close. Cl = i ®iis a p s i Slip 0:2 B8.MLS WHEAT— D«?c.. May.. ’ul}..... '“tors-* Dec - xt'i My tly 31 I*OKK— fe LARDr- OtC... t.« Nov... 9.20 Jan.... 8.32H • IID0U. S2:::: ?:S May... 7.42H 9.86 9.80 I.I7H H 9.80 9.89 1.10 8.35 ?:S» 9.75 9.15 8.30 tHE LIVERPOOL GRAIN MARKET. THE PRIMARY MOVEMENT. Tba firilowlnc Affnrcs fiiva the primary lovmnant of wheat and corn. Wheat—Receipt* toolay 1.021,000 Imsliclo, osalnat LJ45.w£ laat year; ■Ulo- manta today 676,600 bushel*, agalnat 638,000 httfthel* laat year. Uoro—Uccalut* today 413,000 liualiela, mywimejstesuvt&t DINNER’S REPORT INJURES PLANTERS imiill trading. The market begin* to hes itate a little. Whether It Is overbought or not, it ha> the appearance of lielng overbought. Certainly ft ueeds stlmulatliiff. If It Is to \to llfrad to a higher level, for the receipt* are very large, the weather Is. on the whole, favorable, much better than many have been led to believe It might he by the predictions of late, and there are no algu* thnt the outside pub lic Is at all eager to take part In the •peculation. Professional* dominate It, and between them, a* la usually the case in a professional market. It la simply nu affair of diamond cut diamond. * Ginning reports have Injured the plantar In recent years, or certnlnfy he thinks oo, and there are those who, therefore. Itellev* It I* nliaunl to expect anything like a favorable report. In that caoe there can be no reliance placed on such report* nnd adding this or that percentage with tba view of getting at something like the exact figure* Is mere gneaswork. As the case stands, the gueases on the gtnners' report to lie Issued todny range from 4,600.000 to 6.000,000 Imlea gin ned to Oetober 18. Putting the total, oay, ■t 4,600,000. It wonld be alwut 400,000 bale* leas than for a like period -Mat year, and 1,»M,000 less than during the so ran parlod-- thnt la, up to October 18. two years ago.” New Orleans. Oct. 26.—The Times Demo crat, aays; “The snot market took the breath away from the average speculator, and left the rings In a cold awoat because of th* rising Iwnd*. Meanwhile, the Indi cated ability of the South to hold actual cotton value* around the current level which entails a heavy drain on England's treasury, the ultimate liquidator of the augmented trade ImiIahoc Iii America ■ favor can not bring pleasure to the foreign finan cier. hut sooner or later the Mouth, aa a whole; must feel the spur of prosperity greatly by.cmupariaon. with all previous periods. With the mill* very profitably employed, financial expedient* »ucb a* that recently launched by the Ilauk of Englaud will hardly Ik* worked In restraint of legit imate trade, consequently the cotton pro ducer has little to fear therefrom. Bnglnnd If essentially a middleman's nation, pur chasing raw material from one people and selling the finished product to a noth'"., and the financing at high value* of several season*' turnover at a time Wheni reserve* are low ere*fas a hole In the British gold pot that new gold alone rail fill. Today a census bureau report of cotton ginned up to October 18 will ludlcnte the degree of expedition with which the Mouth Is.gettlng Its cotton in shape for marketing, but will —r a a.. lortr - “** joint ___ situation has been all that irodneer and consumer rl; to TIPS FLASHED From Wall Street Ibert & Clay. 25.—Daniel Odell & Co.: It now loots as though prices may re cede further tmlay. Yesterday's market was disappointing, nnd some liquidation may <-n«u<» today. We consider the mar ket still In a trading po*Itlou r a purchase ouly on recessions ami n sale on bulges. Would not be surprised to see the mar ket go down a little, but do not think It will go far. New York Financial Bureau. “Norfolk and Western as a 5 per cent Issue now Is high enough, equips red with Southern Pacific. Bull tips circulate everywhere on Pressed Steel car, favorably meutlouod by us around 66 l>efore tho recent rise. The Herald report that Pish has sold out to Hsrrlman uisy stimulate that stock a little. Bull tips continue to circulate on Brooklyn Rapid Transit. Union Pacific, Smelting. Pennsylvania. Atchison, Reading and Southern Pacific are NUtq>orted ulmut a point Mow closing. If broken or re moved. prices may ao lower temporarily. Professional bear tips circulate on St. Paul, Fuel. New York Central. MImouiI Pacific and Locomotive. Louisville and Nashville. Steel nnd Copper should be bought ou a sculo down." No action on Pressed Steel Car common dividend. Gold coming hack from Canada. Money still moving In quantity to New Orleans. * Trade reporta Indicate nn urgent demand for spot pig Iron nil over the country. Rctter demand for atockn iu lonn crowd. Pittsburg Coni earning* for imst nine .. .** rr «. of 1700.000. wheat nt Interior Dividend payments In November about 868.000.00U. aud much lea* than the pres ent month. Strong demand for money In London over statement nnd end for month. * Canadian Pacific enrnlugt for third week of Octolier Increased 244.000. Twenty active rail* declined .16 per cent. ATLANTA MARKETS. FRUIT8 AND PRODUCE. ■■■■■■■■ Produce Exchange. Pineapple*. $3.50{?4.00. Banana*, strnlgbta,_per Jiunch, $1.5001.75. “ <r bnneb, STOCKS WERE DULL Moderate Declines Shown ir •the First Hour's Trading. STOP-ORDER REACHED Large Part of the Business Was for the Trading Element. por hu — California Fruit if.no/ Gtock)- Kllrrrlrr iH-ar-tira. per Irox, J1.60. Mountain Ilartlett penra, nor box, H-2S. Urn,, pluin.. por crate, J2.00. Columbia prunoo, por crate. $2.00. ltora Peru ernpen. per crate, **.00. Blue Malrotae xrapra, per crate, **.00. r-ocoontit,. per rack. 54-25. POULTRY AND COUNTRY PRODUCE- Umt heua. 40«43l4c; frle*. 33',-UOc; broil- l ' r i" , rra2a‘%ea. 114120c pound Drearied Uen». per pound. 14015c. Lire ducka, I-ektn, 34c: puddle, 35027He- gXr.'Ta^r^d. *«22^l coo Ins. per pound, “* Honey, new, ra^^-Kfl-Jriab potatoM, cook- pound; Id one-poaud ns, par pound, 6c; Navy, $2.10 per Onions, per bushel. $1J0. Naw sweet (mtatoes, 45075c per bushel. Kraut, half-barrel. $3.76. Rutabaga turnips, lftc. lemons, $6.60. FLOUR, GRA(nTpROVI3IONS. FIaOL'U—Fosters patent. $6.00; Diamond patent. $5.25; Masmulan Star, $4.70: fancy jateut, $4.60; Red Eagle, $4.25: Blue Rlblion. I.W; fancy. $3.90; spring wheat patent, $5.00 ^OUN—Choice red cob. 70c; No. 2 white, >; Nrt. 2 yellow, 69c; mixed, 67c. OATS—Cholca white clipped, *49c; No. 2 bite, 48c; No. 2 mixed, 47c; Texas rust- New York. Oct. 2S.-'Noue of the disturb ing things which. It was feared, might hap pen lu today's foreign markets actually came to pass. The English situation, ns dlsclo*ed In the weekly Irauk statement, turned out to. be stronger than svfidpat>>'l. Our own market timed quite Independ ently of those abroad. American stocks, to tie sure, were'down In London, but th* io was no heavy foreign selling. The* main Influenco here wns the Inertia which h:»s l*een visibly growlug for several days In the local speculation stul which I* lm*<>d on the Idea that, whether prices work much lower or not, they cannot, under existing circumstances, 1w expected to have much of a rise. There was no urgent liquidation, however, nnd at mid-day a slightly firmer undertone was disclosed. tng of the stock market MRHB decline. Anaconda started In 1*4 lower. Reading declined 76 nnd milled 46. Uol- omdo ^nel lost H, Uhesapcake nnd Ohio, Atchl*on aud Southern Pacific lost %, Union Faclflc 46 aud Pennsylvania The St^ls * BMlM mm Transit opened shares aid Hrookl.ru Rapid , unchanged, Imt Steel .common later ml- vnneed 46. Norfolk flud Western opened 46 lower. New York. Oct. 25.—11.00 a. m.—Tho mar ket has been dull and Irregular for the past hour, with prices generally Allowing iuoderate declines, due to the closing con tracts In many cases by tired holders. Stop-orders were reached In a uumber of Issues thnt were put lu close to the mar ket and their execution caused decline* la stock* like Union Pacific. Great Northern K »f*rred. Beading, and Pennsylvania. St. nl advanced *4. theu drcllucil 144 *'>'1 later rallied %. titlicr railroad stocks fol io we«I these move incut* closely. A large part of the Imsluesa wns for the trading element nnd the transactions wore ■i Importance or significance. unchanged. Other bonds LONDON STOCK MARKET. stinpiy no safe cue to the exporter nor safe hams * for a yield guess to spin far. the spot situation has bee the reasonable producer and — should desire, and it Is yet too early to haxanl good money on a radical change for th* worae.“—Glbert * Clay. COTTON SEED OIL. Opei Octolier 52M November. ■ Decemfiw. •■••••• - January. 151 March * May. lilL. — and 1.300 May at 36%. SOUTHERN EXCHANGE Olfiext EotablUhfd Offlcs South. COnON—STOCiS BOMS—GRAIN Ground Floor Oould Bulldln,. Dally market letter nnd market manual mailed on application. Htbirli. while. ... . - (115: purr bran. 51.25; mixed bran, 51.16. HAY—'Timothy, rhole, tame li.lra, 51-16; do., oholoe mnnil l«le«. 51.15: do.. No. 1 clorer tnlxod. 51.00; do.. No. ‘ 51.00. uholra Bermmta. «0e. RTB—(li-orele, 51-15; Teneenee, J5c. Bar- ley. SCe. The ebore price, are f. o. b. Atlanta. GROCERIES. BIIOAR—Standard xranulated, 55.25. Nnw York i.flned. 44ic: plantatlw. 5r. roFFKK—noo.t-rl Arlmi-klW*. 514.60; bulk 4&7Sr.’cS to th. ^ril'EBSE—Fane/ full cream dairy, ISMe; hnma, II... <’ro«« Irani.. 15c. Irelllea, 55A pouudo. I. 54.26; Buprein, Ian ow Iirlft conrpouD 5—Rilpretne t'all for n In e. Dry onlt foe; < THE METAL MARKET, New York, Oct. 26.—Tin was weak but quiet. , Popper nuict and unchanged. Lend and spelter dull and unchanged. STOCKS— Ainalgamsteti Copper. Anaconda Atchison do, preferred.. . . . . ... Rnltlmorp and Ohio... .. .. Denver and IUo Grande.. . . Erie do. preferred Canadian Pacific .. Illinois Central.. Kan Norfolk aud Western Northern l'nclflc Ontario aud Western. . Pennsylvania Philadelphia and Reading.. Rock Island Southern Pacific., ' Southern Railway i I Prv. Clo«|< los aniliw’* ni. Union Pacific.. . United States St do, prefertvd.. Wabash.. ..J. .. do, preferred.. Groat Western.. 8TOCKS AND BONDS. Bbl Ask Georgia 446 , ». 1W5 112 Georgia Railroad 6's, 1910 M Savannah 5's. 1909 10246 Macon Fa. 1910 106 Atlanta 6'a, 1911 MG Atlanta 4's. 1922 107 Atlanta 4'a. 1934 j MR Atlanta A West Point IK Atlanta Jk West Point, debts.. 107 Central By. of Gs. 1st Incoma do. 2d Income....j do. 3d Income...., Georgia 2*r. Augusta A Savannah lift Smith western 116 Georgia Pacific lsts 130 ll" CHICAGO CAR LOTS. Wheat. Corn. . Oats. » Hogs. . Today. Tomor. k a 173 286 L. J. ANDERSON* CO Bankers and Brokers, COTTON, STOCKS, 6RA1N Correspondent's Capital $250,000 REFERENCE. THE NEAL. BANK PHONE 4417. PRUnENTIAL BLOC Safe Deposit Boxes * For rent in our caults in the basement of the Empire {Building for only $5.00 each per annum. Absolute Security and all Modern Conveniences You should not be without one. We invite you to call and inspect them. Title Guarantee and Trust Co. r ATLANTA NATIONAL BANK ATLANTA, GA. C. E. CURRIER, Preildent. A. E. THORNTON, Vice-President H. T. INMAN, Vice-President. GEO. R. DONOVAN, Ca.hlcr, JAMES 8. FLOYD, Aax't Cashier. Capital... $500,000.00 Surplus and Undivided Profits........ $500,000.00 We Solicit Your Patronage. * j ^ . jj HUBBARD BROS & CO., Sis Atlanta Offices, 219-221 Century Building. Members New York Cotton Exchange, New Or leans Cotton Exchange. Liverpool Cotton Asso ciation, Chicago Board of Trade, New York Cof fee Exchange, New York Produce Exchange. Business solicited for the above exchanges. Direct wire service. Correspondence Invited. Phones 454, Long Distance 39. A. S. Hustace. Mgr. 31 % Compound Interest Is the rate ysur money will draw if deposited In the 8AVINGS DEPARTMEiNT of CENTRAL BANK AND TRUST CORPORATION CAPITAL $500,000.00. CANDLER BLDG. STRONG, SAFE, CONSERVATIVE Ycu arc Inviter.’ to call snd Intpect our quarter, and investiflats our facilities to serve you. A hearty welcome awaits you at this bank. ASA G. CANDLER, President. W. IL I'.'.TTERSON, Vice-Pret. A. P. COLES. Cashier. JOHN S. OWENS, Vice-ores. WM. D. OWENS, A«st. Cashier.