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THE ATLANTA GEORGIAN THURSDAY, NOVEMBER 1. 1906. mm BETTER Opened Higher on More Fa vorable Cables Thau Expected. ►SOLD DOWN LATER NEWS AND GOSSIP Of tbs Fleecy Staple. Realizing Sales and Selling by Bears Were Main Influences. L—The under* #nn steadier at the .... firmer MblM and further of heavy frn*t* In thr belt. N>tr York, Not. the rotton market opening jmrt .... report* that the frotta *ka«l worked down into southern T«ra». slightly Letter than due. «u . New fork <•10*0 yoRtenlar. The elooe wa* easy, 3 to f» iKdtit* higher. a* compared with veaterday « ll Hills. * Following I* the range In the nctirc month* in Liverpool today. Open, High. I-ow. ,:s,»x,t S.5QM ,5.56 6.5* - 5.63 ...5.112 5.64 5.59 5.6S .5.68 5.63 •r ninrked tip 5 point* to 5.S6 for g. sale* wefe Increaaed. apiuner* taking s.OOn bale* nt the advance. Future* opened steady In the New York market. Initial i»rlo«**-allowing — points nd Yafcce in reupntiHe to Llrerpool’* strength, and sonic nnfnrornlilc re port a from the crop In Texn*. The advance, imwerer. wn* short- fired, the heavy movement offsetting the fret rei*ortM in Texas, and during the morn lug prices were forced Mow the Until fig ure* of yesterday. ..... ... Comparative receipts nt all I idled States November. . . . January-February. M*reh-Aprll. . . May •Jane Hpoti niddlii Trim to Wlro toOlbert A Oar. New York, Not. 1.—Liverpool nt 12:30 p. m.. 5ft < higher. 'Was due 5 'higher. (Ju this honit we should open unchanged to 4 points, higher. Mis* Giles* report will* bo Usued tnrnnr* row noon. Instead of todav. mtlug to the fact that New Orleans will be closed to- Llrerpool cattles New Orleans; "Amer ican bouses buying; DeJeraey buying heav ily. Market has a better undertone. Think market likely to advance. Little l**ar talk." Cot— — —- Ing to bolls, duo to „ hoar crowd. In absence of outside spe 1st ion, but we can not help but fed that large short Interest Is Mug tdillt up. Killing frout nt Waco last night. New Orleans, Nov. J.—Hobart. Okla, wires: "Heavy frost Inst night; small damage.** Oklahoma City wires: "No da mag* frost; did good; weather flue. Will bale per Edited by Joseph B. Lively Mr. Lively’s twenty-fly© year** experience of ed iting markets lit Atlanta ‘ amVjhe Sfl^tlCMf made him a reoggpixed f, au thority In ht*. gpvdaUy. TIr?S FLASHED From Wall Street. Olltert & Cl,>\ RANGE OF NEW YORK STOCKS AND COTTON MARKETS .nd the Territories. The eastern forecast indicate weather tonight and tumorn fair for North and parti* Increase «... Tote receipts ff*r live days. Kamo days Inst year. . . . Increase. . . •Total since September 1. . . Same time Inst year. ... Increase Movement nt Atlanta: Receipts today. . . . . Buidc day last year. , . , Baiue day Inst ; Same day Inst ; .Jaroliua and South Carolina,, cloudr weather for the balance, with Fri day generally warmer. DECLINE HEAVY IN OCTOBER CONDITION Condition on October 23, 64.4,. 11 Decline of F 7.5 Points for the Month. NAME OF STOCK. Amalgamated Copper. Atlantic Coast I me. . America* Sugar Uef. . Anaconda American locomotive. do. preferred. Csundhin Pacific. . . Chicago ft Norfhw’n. - Chesapeake ft. Ohio. - Colorado Fuel ft Iron. Central Leather, . . . do. preferred. . . . Chicago ft Great -W. . Chicago. M. ft Ht. p. . Delaware ft Hudson. . Distiller's Securities. . Erie do. preferred. ... General Electric. . . . 43%, 119 7*% 175*4 202 56 37*4 'ii% 172 216% m " Tutal^»toek sales today' KfrUno shares 1*152? ! 116 100% iui*4 iojg| .. 1 118% 118*4 94ft in'* /»!*' 17?* 17*4 171% 17o 44 I 43' If 'ai*; 1 'A'l m m NAME OF STOCK. 111 | 111 t MW, | N. V„ Out. fc WNtno-.l | «5i; «UI GaSP^S i:v'.H| 1354s I National la-ad 74k,. 7iy7i 741,. 7*'/, 74 s , 133«8i K-AHI 1*2%, Northern I'aclfi.- —• 271*4' 271 ! 2*>>*2 New York Central. . . . 73*4j 73*/i Norfolk ft Western. . . ** sylvtinbi Pressed Steel Car. . do. preferred. . I-ik IBi- ball ’Rending . . Republic Steel . Reck Mail'd do. preferred. . . . United States Robber do. preferred. do. preferred. . . Sloss-Sheffield. . . , Tenn. Coal ft Iron. . Texas & Pacific. . . . Union Pacific U til fed States Steel. do. preferred. . . Va.-Car. Chemical. . do. preferred. . Western Union. . . . Wabash do, preferred. jS» mil w«<| jSZJI M!i Mli *.<I - * — 141*M 145 141%| 14 v»%f K 5441 54% 54U| 5 128«I ’i«v # i«$%:i42% X>% 36%* , 35U ml 27-V 27*» 273b 49*4 49?i 212 | 208*4 128 126*4 94 93% 1447* 54' m JSt 49**1 49 Mil 90ifj m«] aid OT& 34*4I 33*4i M%( 31*4 95 I 947s! 947*1 91-Til ■ 72 72 I 71%' 157*41 167*4 36*4 :W*4 35*4*; 1S2V4 182% 180*4 17% 47% 46 V 10674 106*41 106*4 19*41 19 New Orleans. . . . 4 Sal vest on Houston Trade in the after floe! tinlions covering i points. The close points lower. 13,000 to 15,000 15.900 to 20.000 17.<*00 to 20,000 cry dull 19U6J 6.330 12.946 18.708 SPOT COTTON MARKET. Liverpool. spot cotton steady: tnl<l<lllng uplands 5.86*1: sales s.00i»; American 7,tou; •peculation and export ftOQ; receipts uoi*** “*—**• -* \\\%u. !U.4<)c; delivered a on cotfou rejiort of the 1908 season. It shows n decline .during October of 7.5 making the condition of iinpb'keil crop ... on the average dare of the replies, which was October 23. The decline is n heavy om*. It compares with 4.3 points In the corresponding period a year ago and 6 points In 1903, while in 19**4 the condition Improved 1.6 points. Many correspondents place particular emphasis on thy-deteriora tion In quality during October. All the Important states show a falling off In condition, of over 1*» points, with the exception of Georgia. Louisiana and Texas. Continued rain, which did so much damage over almost the entire hell, the absence In Texas and In consequence the condition In this state dropped only 1.2 points. lMckltig Is somewhat back ward. 56 n*r ceut of the crop being gathered, against » per cent In 1905, 76 per cent in 19<>4 and 67 per cent In 1903. I.ast month's re port showed 22 per cent gathered, so that 84 per cent of the crop was picked dur- ug the month ending October 23. The declines In condition of states dnr- ug October follow: North'Carolina, 10.9 points. South Carolina. 10.3 points. Georgia, 6.7 points. Florida. 12.0 points. Alabama. 13.0 points. Mississippi. 12.0 points. Louisiana. 7.6 points. Texas. 1.2 points. Arkansas. 12.0 points. Tennessee. 11.2 points. Missouri. 14.0 points. I n«l In it Territory. 9.4 points. Oklahoma. 6.7 points. . , , ' ’ The percentage of the crop picked up to October 23. each state, follows; North Carolina, 67. , South Carolina, «•’». * Georgia, T»o. Florida, 6»- w . , rout met 900. New Orleans, holiday. Augusta, steady at 106-1 th*. ilouston. steady nt l***4e. Galveston, steady at 10*4c. Mgutphls, quiet at lie. Baltimore, nominal lit 10’,*c. Norfolk, steady at, Win. TODAY'8 PORT RECEIPTS. The following table sbowa receipts nt port» today, compared with the name day Ta»t year: Now Orleans. Galveston. . . Mobile Bavnunnli. . . Charleston. . Wilmington. . Louisiana, »4. Texas, 67. Arkansas. 83. ■ - > . Tennessee, 37. „ r ~ Missouri. 89. Indiau Territory, 39. Oklahoma, 29. downwIrdtfrx STRUCK A SNAG New York. Nov. l.-Tbesnn says: The downward movement struck u sung In the stream of speculation yesterday aud tubes swung roiuiil and advanced a trifle—«miy a ir|fle-and the declluo may lie resumed to <tay. Then, agalh one of these events, often unforeseen, but/declslve, may stamp Itself upoff the market and give It an altogether different lcs»k. We shall see. meaiitliue. ir there Is n d<sdll|e. where |he ibH-IInc Is to stop. Two or three tilings may stop It— first, the Ida demand from American and European mills which arc coining money; secondly, decidedly bad weather, and third, the refusal of the planter to s«dl. 'there arc not wanting those who think Hint the cotton manufacturing business has really entered upon a new upon the sources * lyviiinuigi (rfarfoik. NEW YORK. XZZ77 Pee. . , Jim. . . Feb. . . March. April. . May.. . Juno. . .“-.iio.it . .10.13 . . io.t: 5 I a I 3 I! 14l6.1410.t4 10.0B«|W.(B.U ™1« 10.01 w.04 10.0M4tt.0MO UI.KIO.OI 10.10 10.10-11 10.17-18 llO.W-JO 10.27-29 10.Rtt.nilO.27-aiO.8S-M 110.32-83:10.38-10 10.34 10.37110.30-37 tt.44-43 10.40-42 10.47-19 10.4nio.t-‘>,l l ).47-47‘llJ.04-'*5 ioii Clooeil ateadjr. LIVERPOOL. The following table gives the openlug range-aua,clo«e, compared with yesterday's Future* opened firm. Opening Previous Range. Close, dose. Noremher. . * . ..5.69 -6.57 6.56V4 5.51% Nov.,Dec. , 0 0 * ..5.54 4i.52V4 5.5lg Dec.*Jan. 6.MH-5.CO 5.B1 .6.56 -8.55 5.53*4 .6.59 Ji.58 5.56*4 .6.62 -5.61 5.59(4 Jim.-Feb.. , 9 , FebMiarcb, / , Mareh-AprIU «. ILMny, >* . w _ -Jpne..- .4* . •June-July ..6.G8 -5.63 ..5.6XV4 .5.711 .5.61 5.47^t 6.47 5.50 5.53 ii.'rS ir 4 5.63V4 Holiday, in -New Orleans. All Nnliits'Day. No markets. NOTES ON GRAIN Polntora on Provision*. Private Wire to Glbort ft Ulny. Chicago, Nov. I.—Judging from continued liberal exports and light primary receipt*, the bears seem to l»e decidedly more ou the defensive than the bulls. Corn dull, hut firm. Oats firm; receipts very moderate'. Wheat opened*I'lwer, with uorthwest and pit traders selling.' There ts a good active trade in provisions, with prices strong and steady, t'udahy 1’ucklng Company bought May aud sold January lard. Commission houses bought, the list. We hove had n good sharp ad vance and reaction would be only uaturul. Strength of this market while specula tive dullness la so pronounced forces one to the eouelusioii that wheat must Iw worth ail ami more than It Is bringing. The shorts In December are likely to liquidate before the longs do. THE~WEATHER. LOCAL - FORECA8T. WEATHEB CONDITIONS. All extensive area of high pressure covers most-of the country east of Ohio. This area of high barometer la drifting very slowly eastward ami lias rauseil a general fall In temperature nt stations on the Atlantic ■oast from Maine to southum Georgia. Kot owing in the wake of the high Is a trough of lower pressure covering u narrow strip of country from North Dakota Into Utah. This tu turn is followed by a second'it rett of increased ulr pressure over Washington there has been but little min during •oast. The conditions favor fair « section tonight and Friday, temperature. WHEAT OPENED \ AT LOWER PRICES Later Reacted and Hold. Very Steady Through .the- Morning Session. Chicago, Nov. 1.—Wheat price* closed at about the beat figures of.the day Influenced by the increased spec ulative buying and strength in the cash market of the country. Closing pVlces were 5-8®3-Hc higher for wheat; un changed to l-8c higher for corn, and 1-8{U-4c higher on oats. Provisions were 17 1-2 to 35c higher. Private wire house* were the largest buyers of wheat. The volume of busi ness showed an appreciable increase. The report of cash sales ut Duluth and In the Southwest was u strength ening factor. Sentiment In wheat 1* growing more bullish. : Corn was weak early, but later re covered fractionally. A sharp advance In pork was the feature of the provisions trade. Primary receipts of wheat were 795;- 000, against 1,900,000 bushels a year ago. CHICAGO GRAIN MARKET. ud provision quotailoua ATLANTA MARKETS. FRUITS AND PRODUCE. 1 KGGS—CnmlTed, active, 25c. ! LIVE ’ POULTRY—Ileus, active, 37*4 .each;^chicked*,? plentiful. IStfiTVic dq/rfcg, Pekin, 35e ckcUr. aenve. iwu-AH,' P<i ,_ w five, 1 12H<? pound; duekf, nnilnnn. fancy, 18<: ipoundi ftida, active, 14c iiouoil. PROItUCK--H«ms. active,’ He iiound; shoulders, active. l«c pound; aides, active, d(icMpound; butter, active. 154i20c pound; •beMn'kx. 'iieUre. 25c - pound; holier, 'bright; .iietlve, Sc’ponnur boner' in - 1-poduu blocks, .netlye,>7fle pound; chestaut*, .active. $3 bushel; dried apples, Gc,pound; white pent, aiitlre, $2:40 bushel. * OAMKr-QunH,.active;- 20c each; dove*, He* five, .7He naib; ducks, mallftrd. active. 50c ench; avtck* mixed, active. soggssOc eicli; WIKI furkvys, active, 16c pound; m it Id is, ac ; live,each; squirrels, active, 10c each; oposaum/drcssedi active, ]3Uc pouud; opoa- lum. five, active, 10c poiiml. FltUITB-Llrao*. dull. 40c tipples, active, 82.50fff2.73 im*i qua ts. active. 15c quart; oruugru. Ftorl $2.25^12.50 Im»x; grape fruit, $2.75ff3 l>«»x. VEGliTABLEB—Beets, cabbage eral inar * rate; bean*, round green.. $1.75' crate; onions, dry, active, 75c bushel; Irish pota toes, active No.-Jr-80c bushel; celery! fau- ev, active, $2ft8-crate; peppers, active. $1.30 e’rntfu-okjw, six basketh. small. $Y crate; eauRflower. active, xftFtc pound; lettuce, lieudeiLi$2.50 drum; sweet |s»tutoes, W v*dh»w, dull. 4»V bushel; sweet potatoes, white, dull. 304- Ikustml; kraut. hulf-bam*l, $3.75; rutabaga turnips, l»4c* lemons. $6 lu»x. FLOUR, GRAIN, PROVISIONS. FLOUR—Highest patent. $5.3»*: - tiest. pat-* 'rlvatc wire n. ^ New ■ York,. Nov.. 1.—Marshall, Spade «».: “Th#- disposition to regard yeater day s market uioi^-ueiit as due to hlglu .money' mtes is about evenly divided, wit* opinions tlmt the Hmngu in imlltlcal email lions justifies extreme caution iti nntklng foug eouiiultmenta. RcgulaMllvideud on Teople’a Ga«'l*4 per dlvideud declared on Chesapeake and Ohio. 4 - Daniel Od£ll ft,Go.: “Market looks to til like a safa,/>i> every bulge until after the etecfiou, as there b) some uneasiness among big operators as to the result." It is said on the floor that Pennsylvania dividend will he 7 per cent, but uot out New' York, Nor, 1.—Dow-Jone*'* sum wary; ■ No I^ndon market today. ( n T Ur dividend 011 Chesapeake and A ^foreign bourses closed, p»*r oeut, aud — ...— ....- cent. Over 18,000. tons of steel rails exported •1 September. Light demand for stocks In loan cro Alton September uet Increase $110,743. /Mnk of Enrtend rate unchanged. Weakness of exchange shows that New York can still borrow money abroad by means of finance bills. Trade report* Indicate the demand for foundry iron urgent aud Import* Inereas- Oetober was $877^298,238. Twelve Industrial* declined .77 per cent. Twenty active rails declined 1.23 per profes*lonnls will attack held at 110 heretofore. Hmeltlng shows slight wenknesa. and . If not firmly held may sag to 150, where a special 1st reports’more support. Reading Is at the extreme limit of sup port at 138. Information Is lacking here, as elsewhere, except tu professional cir cles: We understand selling support Is present In Atchison from 100 to 99. Pro/ejwlonal* are bearish on St. Paul. It is supported from 169 to 170 nr this time, according to latest specialist Information. Louisville and Nashville and Baltimore and Ohio should he bought on a scale down. Pennsylvania support remains as formerly 139 to 140. United States Steel should be bought on wale down. Its main support from Morgan quarters is toward 45. STOCKS REVIEWED BY NEW YORK SUN on the stock exchange yesl In greater volume than It wn* Tuesday. Price* In London before the openlug here were, ns a rule, lower, a rather notable decline of a full point being recorded lu the price of United States Steel common. Reason for thin was *ald to bo a “disap pointment" over the circumstance that the net earnings of the September quarter did uot reach $40,000,00'), as some speculative optimist* of the more lut< * * looked for. These earning* Wn.-. only slightly below the figure named, and the revenue* of the corporation for the quarter wore the largest but oue In Its the business of steel companies I* always disappointing after midsummer. It would have been surprising If the earnings “ steel for the three mouths cuded 8epte_. tier -30 had equaled those of three months preceding. Practically the only group of stocks to advance yesterday were again the Mexleau Railway Issues, )>oth stock and bonds. A rumor lu this regard was that the Mexican government was about to Interest Itself further-In a financial, wgy lu these properties. Undoubtedly, the itu- STOCKS AT START Interest Generally Centered' in Action of Pennsyl vania Directors. u IT WAS THE LEADER Business Was Small in Vol ume, in Some Instances | Toward Higher Level. N*w loi-k. Nor. 1.—Intoro.t lu this morn ing u M-rnrlty ilrallng, contoml upon th,! action of the Periiiulranln illrootor,' on the question of dividend Increase. The popular 1 UMUtuptlon «-a«, »* It Jin. been all olong, that no filed advance Avon!,! be made Ine tho rate, hut that an eitra dividend would; be authorized, and, acting on thla Indie,T Iiennaylvanla nhnrea ntarted lu at the open. Wf.'o dlwotmt -thlf nwn- Vb tn»- rollrue of the Brat tweut.v minutes the atock reij corded a gain of 3 polnta under active bark Ing for little account*.-. On the reat o, th<* market thla dlveralou aerved to cheek opera-' tlona for the decline, and lu a few oj the speculative favorites ennsed some short eov- erlng. lint aa a rule prices did not adrnnea more than trifling fractlonn and after the 1 Brst half liogr trading once more relapsed into extreme dullness. * > e Ixiudon mnrket was closed for tha Saints dav holiday and no quotatloua; f Issued from that eonter. But that k of Ivngland ninde public Its statement.; for the week, showing that a gain In fa.-.-' of the 6 per cent discount rate, tbo proper, lion Of reserve to liabilities. has fnlle<( u> Improve. .. •• i SEABOARD AIR LINE. •«**- Following were the closing quotations of Sealmard Air# Line *tock« and bonds; do, first preferred. . . . do, second preferred. . . . 5S do. 4s .. 100 do,* three-year 5s .. 99»i do, teu<year Bs. .• * #3 MINING 8T0CKS. mo»4 f NEW YORK COFFEE MARKET. New York, Nov. 1.—The coffta market ipened quiet nt unchanged price* to n de fine of u point* and ruled steady during the forenoon with prices holding around th«* Ini tial level. Trading wn* not nt nil active. Itruxlliau markets made a fairly steady showing, a decline of 25 rels In the .Rio Ltrlee being offset by an ndvatice of l-32d 1 the rate of exchange. Receipts were full Ith the two ports getting • 96.000. against S9.900 bngs lust year.—tllhert-ft Glay. j M (|i«* openlug range and Bo.tfpn- Nov.: )---North Bulfe \\ki. Slian- Pttiklln ai, Copper Range 80, Ilchlgau li*4. Trinity 11T4. GIBERT A CLAY'S DAILY STOCK LETTER New York, Nov. l.-A, political Hues draw doner anil professional forecast, of results become reflected, the result, while regarded with confidence by what we mar call Wall street opinions, has none the less become somewhat more In doubt during the past ten day,, but. perhaps, for that reason, more asaured In being baaed on closer calculations aud crystallized ,satl- ment. l-erhapi. the security list .at this time I, In a atronrar .position to receive the final mpact of the election returns thau If this roeent change had not taken place, a, It certainly la In a poaltlou to advance sharply should no great political change follow ne*t Tuesdajr'a develop ments. A pre election market Is now about all that cau be axpected. and the prea. eut promise I, tor steadiness without ae- tlvlty. LiyE STOCK MARKET. Vhlcage, Nov, 1^-llogs—Estimated rs. eelpta todaj- 18,001. Market strong' to lie higher; quality fair) left over B.01J; bulk 804*6.20; estimated receipts for tomorrow 1W; Hjtht 80W>; m^e.1 894*0.40; heavy 80.73O0.4fli: rough 83.75®0,X; pigs 85.2T.ts 0.15; yurkera 80.236L30; good to choleo heavy 80.3U®C.43t4. Cattle—Receipts >,<M. Market steady: J uallly fair; lieevea 83.90O7.a; cowa 81.MV 40; heifers fcl.40fifi.2C; eaTre, J5fi7.75; good prime steers 83.354*7.26: poor to medlmn 82.'.*) 415.20: Stocker, and feeders 82.6004.60. Hheep—Kstimated receipts 30.000, Market firm: quality fair; native, 83.2S4tt.66; west, ern 83.25fi7.23: poor to medium 33.90; ,tia k- era and feeders 33.GOfi4.60. Sheep—Kstimated receipt, 30.000. Market firm; quality fair; native* 13.274i0.6n; west- , ern $126417.00: yearling, ILOOfilM; lamb/ 1 .. ... Kl „ ttra 34.5^07.68. IS r ALABAMA mT l.lterpt stock,, a oho*. COTTON C.SAIN corral. eaoviwON, MCMOCSI New Y..rk St.e k Kzeltsngs 1 New ttrlvai.s Cotton Ksvha New York t'otton Kzebsoge. New York Coffee Ksebsuae . . HH1VAT1: . . . Local and Long Distance T.I.phon, 5298. C. E. KEPLINGEP. Manaqsr. ALONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS Empire Buildin*. Bell Phone. Main 858. ATLANTA, GEORGIA ATLANTA NATIONAL BANK ATLANTA, GA, c. E. CURRIER. President. A. E. THORNTON. Vice-Preajdent. H. T. INMAN, Vice-President. GCO. R. DONOVAN, Cnhier. JAMES S. FLOYO, Aaa’t Caehler. Capital. .'e. $500,000.00 Surplus and Undivided Profits $500,000.00 We Solicit Your Patronage. 3| % Compound Interest In the rate your money will draw if dtpotited In the SAVINGS kRTMfiNT of OEPAF CENTRAL BANK AND TRUST CORPORATION CAPITAL $500,000.00. CANDLER BLDG. STRONG, SA PE, CONSERVATIVE You are invited to call and Inspect our quarters and investigate our facilittea to serve you. A hearty welcome awaits you at this bank. • ASA G. CANDLER, Preildent. W. H. r.'.TTERSON, Vlee-Pree. A. P. COLES, Cathler. JOHN 8. OWENS. Vlee-«»re». WM. 0. OWENS. Asst. Cashltr.