Below is the OCR text representation for this newspapers page.

THE ATLANTA GEORGIAN, FRIDAY, NOVEMBER 2. BEARS IN CONTROL OF COTTON MARKET They Were Aggressive and Foiled Prices Sharply Lower Early. FAVORED BY NEWS NEWS AND GOSSIP Ot tho Fleecy staple. Cables Were Lower and Movement Into Sight ■ Decidedly Heavy. New* York, Nov. At the opening bual nes# cotton wan active and the undertone ■teady. Flrtt price* were I point up to fi liolnta lower. Heavy bear pressure toon de- veloped. however, which forced January to Both spotnnd futttrea wore, sharply lower In Liverpool throughout the day'* session. Spot was quoted 6 point* Jowec, nt S.90tl; , Min 7,000 bales. Following la the rauct Ir. (he active months In Liverpool today: Open. High. L« November.. ... .. u.53 January February 5.411 MarchAprll 5.51 May June?. 5.G0 Now York responded with a ollne of 3ft5 polnta on the aeth Initial quotation* were at practically the beat flgurea of the day, bear hammering and Hosing out of long contract* bv tired longs causing decided weakness during the firat hour, during which time both Per l»er aold below the loc mark. The report of Mias Giles at 7d, againat 72.1 on October 1 nnd 68.4 on October 15. 'added materially to tho weakness. nnd price* sllp- Ith. T - 5.53 5.45 5.45* 5.45 last nnd 557.489 in liW3 aided the bear* In forcing price* lower. Crop movement for the week at compiled by Heerefary Heater: 1905. 1504. Overland for week.. 30.54:1 24,065 42.404 Klnee September 1. 103.24:1 56.837 135,150 Week’* III sight.. . 625,252 4*3.285 275,209 Since September 1.3.509.031 3.460.074 2,571.341 Superintendent King, of the New York cotton exchange, gives the In tight flgurea at 632.000. nfalriat 550.349 laat week and 471.- 459 last year. Since September 1, 3,454.597, a gainst 3,419.627 laat year. Interior movement — Receipt* 329,517, agnlnat 239.038 last year. Shipment*. 265.341. againat 237.782 last year. Stork*. 373.142. against 492.753 last year. Comparative receipt* at nil United State* lower on near and 4 lower on distant. Wa* due 3 lower on near and about ,4 lower on distant. On tbi* boat* we should open about 6 lower on near and unchanged on distant. Liverpool cabica: “Limited, featurelea* market." r liquidation toyk place thla*niorn- - the failure of atop* to be In force at 10c la bringing In new baying. ». It I* now spin Mis* Giles' rejtort will cover the condition for the month only, and that ahe will not estimate the crop. K. V. Hutton A Co., MI*« Giles employ- r*». are buyer*. Journal of Commerce: The month opened in dry good* unbounded confidence express ed on every side, the crisp weather nutting much life Into the jobbing house trade, and woolen goods houses feeling tuft re certain In relation to the movement of goods now under order. Reports showed the greatest October trade ever known in the local Job bing house* and In tuauy of the large com- selling. . New Orleans. Nov. 2.—Liverpool at 4 to 5 down I* a full reapouse. Was due 3 to 4 point* lower. Liverpool caoles: “Market dull and eas ier. with Blundell the principal aeller." Our Galveston correspondents estimate their November port receipt* will be 750.000 * sics, and state that export bookings so far re close to 360.000 bales. Profit-taking by shorts Is causing steadi ness. Indications all point to- bearish sta tistics for the week ending today, and the market looks like it will work lower. . clear, dry weather continues over , the belt.- A heavy frost Is reported from Little Rock nnd a killing frost at Wilmington., Little attention, however. Is paid to frosts now as long,as weather continues favorable fur plckfug nnd marketing of cotton. The map fa called excellent. The weather forecast Indicates Increasing cloudiness and warmer tonight uud tomor row for* Louisiana and Arkansas, nnd for the balance showers and warmer tonight nnd showers nnd colder Hatnrday. The eastern forecast indicates fair weath er tonight and tomorrow for all of -this section except eastern Florida, where atonal.rains are expected. COTTON PARAGRAPHED. Edited by Joseph B. Lively MARKETS Mr. Lively's twenty-five years' experience of ed iting markets In Atlanta snd the South has made him a recognised au thority In hit specialty. Tit'S FLASHED From Wall Street. RANGE OF NEW YORK STOCKS AND COTTON MARKETS Increase Total receipts for the week.... Hamc week last year Total receipts since September 1...,2,645,438 Same time last year. Same time last year.. Decrease.. .. .. , 1H Shipments today 1,525 Maine dky last year.. .... 1.4KB Increase 252 Ktock on hand today.. 12,044 game time last year 11,723 Increase 321 Hstlamted for tomorrow: . 1506. 1905) New Orleans 13,000 to 15,Ouo 6.530 Galveston 15,0W to 24,00a 12,9*1 Houston 12,000 to 15,000 18,706 The elose was steady ouly slightly above the low point, uet 13 polifs lower. 8POT COTTON MARKET. speculation nnd export 6W; receipts 35,000; American 33,800. Atlanta, steady at lOl-lOr. New York, quiet at 10.40e; delivered on contract 200. New Orleau*. steudy nt 10%c. St. !a»u1s, quiet at l07«e. Augusta, quiet at 101-16,*. Memphis, quiet at 10%c. , Galveston, steady at 10V*. Savannah, eaay at 10e. Wilmington, easy nt 1«V. Wilmington. Arm nt 10‘*e. PORT RECEIPTS. The following table shows receipts at th** porta today, compared with the same day last year: t New Orleau*.. Galveston Mobile Savannah. ■ ■ Charleston.. . wilralugtou.'. Norfolk Baltimore.. .. New York.. .. Boston Philadelphia . Brunswick.. . 1906 15125“ 11684 1361 14944 2052 8208 2199 ST 60214 I 65121 INTERIOR RECEIPTS. The following table show* receipts nt tl— interior town* today, compared with the same day last year: Houston.. Augusta.. Memphis . ifir 7068 WEATHER FORECAST. UipUiau* atid Hast Texas—Fair Friday and Matuntny. Georgia—Warmer Friday: Saturday fair. West ; Florida. Alabama nnd Mississippi— Fair and warmer Friday*. Saturday fair. Arkansas—Fair Friday: rain Saturday. IVunesaec and Kentucky—Fair Friday and warmer In central and east portions; Satur day Increasing cloudiness. Illinois, Indiatm. Missouri and Michigan— Fair tonight nod probably tomorrow; some- what wanner. Wlscoustn—Fair tonight and tomorrow; warmer tonight. Minnesota and North Dakota—Fair to night and tomorrow; colder tonight. South Dakota—Rain or snow tonight or tomorrow; colder. From “Cotton rauserle." In The New Yofk Commercial Thursday morning: The “hard lurk crowd" went loug yester day. The chart player* said that the market was due for a reaction. The atory was handed around that Frlee was n buyer. /'Another'week of record-breaking move ment, and the fears of the aplnners of the world will be allayed," said on# prom inent broker. A desperate effort Is being made to keep January from bitting 10c. There la an underlying feeling of nervous ness in the market, and (t Is Just the mar ket that the outsider should he afraid of. Wall Street baa gone long for n turn. It was widely advertised yesterday that Mias Giles was to be out with some sort of a bullish guess, or estimate, nr expression today. Miss Giles has already given out her esti mate of the erop. She hna never rtilned In terest In her figures by getting out tv half doien crop estimates, as some other peo ple do. Just after the dote there was a very bull ish, feeling on the curb. For a time 22 was naked for January; later it was offered at 18. There la uever o word said about en forcing the rale against curb trading nowa days. It Is a foolish rule as it now rends, at best. The startliug statement by the senator from Texas la: "And the men who never raised a bale of cotton buy cotton by tho hundred thousand hale*." Just where the market would be If only men who raise cotton bought cotton Is something that Hen- ator Bailey ahould explain, and the sena tor Is probably able to explain anytlitug about cotton speculation. THE WEATHER. ‘ LOCAL FORECAST. NAME OF STOCK.' AniM„n»t«i Cupper. Atlantic Coast Line. . America* Hu gar Uef. . Anaconda. American Locomotive. do. preferred;.... Am. flmeltmg Her.,;. . . do. preft/vod. . Atchison, . . . . . do. preferred. . . . American Cot«oa OH. . Am. Car Foundry. . . Baltimore A Ohio. . . Brooklyn Rapid T. . • Canadian Pacific. . . Chicago A North Wo. . Chesapeake A Ohio. . Colorado Fuel A Iron. Central. Leather. . . . do., preferred. . . Chicago A Great W. . Chicago. M. A 8t. P. . Delaware A Hudson. . Distiller*# Securities. . Erie do. preferred. . . . General Electric. . . . Hlluofs.Oentral Am. Ice Securities. . . , Louisville A Nashville. Mexican Central Missouri Pacific. Total stock sales today lTelSbshares. NAME OF STOCK. S. Y.', Out. A Western. . . .. . National J.ead. ......... ioji; ,<* Northern Pacific 212%) 217- New York Central 127% 129' Norfolk A Western. Pennsylvania. . . . People's Gat. . . , Pressed Steel Car. do. preferred.-. Pacific Mall Reading Republic Steel. . . United State* Rubber. do. prof erred. . . . Southern, Pacific. . . . Southern Hallway. . . do. preferred. . . . Sloss-Sbeffield. ...... Tenn. Coal * Iron. . . Texas A Pacific: .... Union Pacific. ...... United Stotes Steel. . , do. preferred. Western Union. Waits ah ; do. preferred. NEW YORK. tor., la Sew York twin?: e i % a | III LIVERPOOL. r UtMHI 10.041 9.91| 9.9*2: 9.93 5. . . . .10.00,10.01! 0.88 0.88! 0,87. 10.06 10.08 9.91 9.93 0.93- ). . .“.'.1 4 10.01- 110.22 lO.J9jlO.19jlfi.13.15 10.03-00 88 10.03-04 “ 10.10-11 lo.is-m 10.27-28 10.32-33 10.36-3? 10.4042 June — - July il0.40ll0.45;10.2?il0.30|lQ.29-3j[ 10.45-47 Closed steady.' NOTES ON GRAIN* Polntcrg on ProrUtoni. WEATHER CONDITIONS. vers the eastern half of the map. West of the Mississippi cloudy weather prevail* 1th light rain nt a few a,•ottered station*. The center of highest air pressure has moved but little In the laat 24 hours, but has decreased slightly tn Intensity since vesterdav morning. Moving tn over the north Pacific coaat Is an area of low barom eter whose center Is now near Portland, Ore. With hut few exceptions, there has b a general rise in temperature. Over a small area In the Rocky Mountain region It 1# 10 to 18 degrees colder, The eastward drlf l»y a alight depression In the southwest wll * ... <1,1. ....el,.., ..... I,.I, Minimum and Maximum Temparatures. observations taken at 8 a. m., 75Ui merid ian time. Private.Wire to Glbert A Clay. Chicago, Nov. 2.—There has been heavy selling of provisions by commission houses at opening. Hatley a big seller of No vember lard. There wa« fair buylug by the pit crowd on the break. The stocks showed more lard than was looked for, but wan bullish on pork and ribs. Think we will have a further break. Think lard will sell higher. Would buy wheat on every notl spot. Corn atlll alow to move, but prices show disposition to advance. There lias been some buying of May wheat and selling of December by n broker who is giving up uamo of the Armour Grain Company. ATLANTA MARKETS. Abilene. . . . Amarillo Asheville. . . . Atlanta August II Birmingham. . . Bismarck Boston Buffalo. . . . Charlotte. . . . Chicago Cincinnati. . . . ’orpua chrlstl. »a veil port. . . . : lodge .SI fa so Fort Smith, . Galveston. . . . Havre Jacksonville. . . Jupiter Knoxville. . . I,o* Angeles. . Macon Memphis. . . . Meridian. . . . Miles City. . . Mobile Montgomery. . Nashville. . . . New Orleau*. . New York. . - Norfolk Omaha Palestine. . . . Pittsburg. . . . St. lands. . . . Ht. Paul. . . - Han Fntnclaeo. Savannah. . . . Tampa Taylor Thomasrllle. . Vicksburg. . . Washington. . . WMillington. . FRUITS AND PRODUCE. HOGS—Candled, nettve, 25o. LIVE POULTRY—liana. ntUr«. earbL fhifk.n., plentiful, llACTAc earn; .lurk,. Pekin. Sir ■•ni-ti: pud,lie. KCiWi- each; geese, full feathered. 65c each; tur keys, active. 16c pound. DRESSED POULT It Y—Geese, undrawn,, active, R)ftl3%c pound; turkeys, undrawu, active. c pound; hens, urulrawn. ac tive, 12Ho pound; ducks, undrawn, fancy, 15c pound; fries, active. 14c pottuu. PRODUCE—Hams, active. 14c pound; shoulders, active, Use pound; sides, active, 16c pound; butter active. 15022%c pound, beeswax, active. 25c pound; honey, bright, active, 8c pound; honey In 1-pound blocks, active. 12c pound: chestnuts active, $4.00 bushel; dried apples, 6c pound; white pens, active, if. 40 bushel. GAMK—Quail, active, 20c each; doves, sc tlve. 7Hc each; ducks, innllard. netlve, 4o<r; each; ducks mixed, active. 20©20e each; wild turkeys, active, 16c pound; rabbits, ac tive, 1314c each; aquirrels. active. I0j- each; opossum, dressed, active, 12‘4c pound; opos sum. live, active. We pound. FllUlTH—Limes, dull, 40e per 100; blue apples dull. $2.60©*.75 per crate; hum nuata. active. IRc quart; oranges Florida, 82.25©2.50 box*, grain* fruit, $2.75©3.00 t»ox. lemons, 85.50 box. VBOBT ABLER—Beets, cabbage crates, active. $2 crate: cabbage, standard crate*. lUc pound; cabbage, luitrels. lVj<’ |Mund; egg plant, active. 11.56 crate; ejiken. «c the, 12.50 crate; tomat«ws. fancy, active, 83 crate: tomato**, choice. acUve, 82©2.25 crate: l>eans, round gM'eu. II.o* crate onions, dry. active 75c bushel; Irish potu toes, active No. 1. 80c bushel; celery, faw- ey dull. 82.00©3.00 crate: peppers active. $1.50 crate; okra, six baskets, sthnll, $2 crate; cauliflower, active. 8©loe pound; lettuce headed. 12.5) drum; awed poifttocs. yellow, dull, 40c lmsbel; swed potatoes, white, dull. 30c bushd; kraut, hnlf-lmrrel, |3.«a rutabaga turulps, 1‘4<*. FLOUR, GRAIN, PROVISIONS. FLOUR—Highest patent. 86.50: bear pat ent 84.60: standard patent. 14.25: half pat cut, 83.9J: spring wheat patent. !,•. roRN-Ollolco rwl cob! 70c; No. 2 white, 6Jm»; No. 2 yellow 60c; mixed «6e. OATS—Choice wtilte ellppeil, Me; .. _ white, 4*c; No. 2 mixed, 4Sc; Texas mat- proof, 55c. MU.AL-Flaln water-ground, per lmsbel, 06c; bolted. 140-pound Jutes, per bushel, 62c; Shorts, white. U-W; medium, 11.40; brown, 81.16: pure ttron. 81.20; mixed bran, fl.llk HAY—Timothy, choice large bales. 81.25; do., choice small bales. 81.20; do.. No. 1 clover mixed, 81.10; do.. No. 2 clover mixed. 81.15 Choice Bermuda. 85c. 1 ^ ‘ -- l«J range and close, compared with yesterday's close. Futures opened quiet nnd steady. Opening Previous Range. Close. Close. " ~ 5.6614 •5lS November.. Nov.-Dec. . Dec.-Jan... Jan.-Feb.. . Feb.-March. March-Aprfl. Aprlt-Mny.. May-Junc.. . .Tuue-.Tuly. . ..5.47 -5.48 3.43 5.51 5.48 31.49 . . .5.51 -5.521. 6.54 5.50 5.59 1 6.56*4-6.67% 6.52% 5.61% 5.62 -5.63 5.58 ‘s®i WHEAT ADVANCED ' FRACTION EADLV Cables Were Higher, Argentinu • Shipments Smaller Were the Chief Intliicnees. Karate Bar- GIBERT & CLAY ATLANTA. GA •TOCK4, tONOl, I8C ALABAMA !T. COTTON. GRAIN. corrcc. provision! MEMBERS: Sew York Sioek Ktvbkn,.. 1 N#» Orl.oR, Cetton Kx. i,,u«. r ( ui.ifo B«.rJ o, Trail.. Tort l ottoo Kiehinp. i N.w OH"«n, stock Eirbanr-. i Ur.rpaol l otion Mu Tort Coffee Ltcti.or. | K.w OrtMoi Bo*M o( Trade. , tlilritton Cotton E,. PRIVATE WIRES To AM, EXCIIAXHES. Local and Long DiaUnco Tolophono S2M. C. E. KEPLINCER, Managor. b ALONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone, Main 8M8. ATLANTA. GEORGIA. RYF.—Ilonrgl*. 11.05! TfUliOMOO. DOC, IV, 96c. The alntvc price* are f. o. I». Atlanta. PROVISION!*—Supreme hat»A 15c. Dove ham*, 15c. Uni I forma ham». *9.'to. Dry salt COFFKK— Roasted Arbuckle'a. Sul 50; bulk In bags or Imrrela, 13.*: green. 10©12.\ RirK-Carolina, 4%©7%c. according to the *cf?EEftE—Fancy full cream dairy, 15%^*; twins. 15*40. FI8H. Mullet. 10.«*) iwr barrel: bream. 6©; t . pound; snapper 10c jwr pound: trout So |m*v pouud; tdue St- per tioaud: pouipaao. itfiTJOc jemad: mackerel. 12%** pound; udr.ed flsn. 6*» per pound; fresh water trout, v«iluc pound. NORTHWEST CARS. Chicago. Nov. 2.—Weakness in tbc^llniic- apolls market, caused by thc-rlmnping of n Idg line of December held by Whallou. t!as«» A Co., was tho chief Incentive for an ensler tone to the wheat market. Coarse grains held about steady and hog products were lower. Final quotations were %o to *4©%c awer for wheat, steady to %©%c off for orn, nnd steady to %c lower on oats. Pro* Jfdon* were steady. Closing prlcrs for Jan uary were: Pork 814.90, lard 18.52%, aud riba 87.62%. Trade In all the pits was of character. . Brads t reel'a clearances were 4.499.000 bush- •1* wheat, against 5.188.000 bushels a week ago and fl.25o,00o last year. Corn exfiorta for the week were 1.300.000 Imsheis, compared with 1.496.000 bushels the previous week nnd 1,099,000 bushels a year ago. Cash sales hero were 25.000 busheis wheat, 55,000 bushels com nnd 2)0,000 bushels oats. CHICAGO GRAIN MARKET. NEW CHILEANS. The followlog Is the range In cottpo fu tures fn New Orleans today: Nor. . . I tec. . , Jua. . . Fep. . . March. April. . May.. . I I I 10.03110.03! 9.90 10.01 10.06 0A¥) 10.06 9.1*0 10.12 0.94 10.04 10.04 10.28 ». 12 3? Closed steady.* 9.90 110.17-19 9.91-92 10.15-2) 9.97-98 10.26-27 11.04-08110.31-33 10.16-16 l<*.43-44 10.20-24! 10.48-50 10.28 10,30-31 10.57-58 (10.36-39110.62-64 10.49 10.45-47110.73-74 Private Wire to«Glbort A Clay. New Y'ork. Nov. 2.—Daniel Odell A Co. “Dear money In London and possibility of Bank of England's raising rate to 7 per cent, with Bank of France's unwillingi to supply Knglaud with gold caused London market's refusal to respond to market this momltig. This money situation It critical, It seems." The Increased cou(ldeuce of Hughes' elec tion and the raising of the Pennsylvania dividend to 7 * per cent* yeaterdny has canted short covering and tome aggressive buying by operators believing In broad market later on. We would not buy, ex cept ou breaks, nnd advise selling on the bulges, until after election. Marshall. Spader A Co.: “We do not expect the tone of the London market *o be of more than temporary effect lu our trading. Sentiment here will be very largely lunueuced by political considera tions. , , quoting the president ns IiIm authority. I mile* tlons pofut to suspension of out ge v December. substantial recovery Jn Russian I toil da is n feature of Paris ami Ixmdon markets. The sixteen roads entering Indianapolis report that they are swamped with final- Hess. Calumet nud Ileclu earnings for tin* first half year estimated at 811 ft share |*et* an num. easily beating all records. St. Paul September gross lucreus** 82U5.97D. Forty-two rends for the third week in Oc tober show average gross Increase of 1L97 per cent. Twelve Industrials advanced .89 per cent. Twenty active railroads advanced 1.5 per •ent. New York Financial Bureau: Peuusylvn- da .>vfjl meet stock toward 146. No stock appears in Union Pacific this dde of 1S3. It being held between 180 and that figure In a trading position'. Amalgamated Copper support was good n the first level, and it can be raised without much opposition still further. Heading may be Imuglit ou reactions, but ot on these short covering bulges. Atchison was well held and should be taken whenever soft. would buy Louisvlle aud Nashville GIBERT CLAY’S DAILY COTTON LETTER Open, WHEAT- Dec 747# May 79 July.... 77% CORN— 77% Deo. 44*4 33% 33% 36% 55% 33% 33% 44*4 44% 33% 55% 33% 43% May 44% July 44% OAT.V- De<- r.% May.... .76% July l*OUK- Jan... H.i:Vi J4.1!Ui 1S.KW 1S.WJ4 14.1JV4 May.. 14,13 J4.» 14.0T*i H.nrt, 14.:5 LAUD- Nov... 9.35 9.53 9.25 Dec.... 8.75 8.77% 8.72 r Iau.... S.ttt 8.60 8.R2 1 May ;.S5 7.61 9.X. 8.80 8.62% 62% 7.70 8.72% 8.52% CASH WHEAT— No. 2 red 74%®75* > hatfl winter ?4%©75; New Orleans, Nov. ,2.—A noticeable lack of Interest was manifested abroad and op tions merely fcdlowcd the course of the American markets. Closing prices were 9 points lower than yesterday* while bales changed bands at a loss in quotations of 6 points. The situation har, undergone tittle, if any, clinugu over the local holiday yesterday. The continued favorable weather for pick ing and marketing the erop nnd the heavi ness of the movement, as Indicated by the week-end flgurea, has but intensified the prevailing sentimeut, nnd the market’s only support at the moment is the fear of over doing the decline. Undoubtedly ns a result of so numerous bearish influences there hits resulted a con siderable short Interest which, being un stable and quick to seek cover on any un favorable circumstances, would readily# m* a temporary improvement were liqui dation to set in. Showers In tin* western belt are expected tomorrow, which of Itself in unfavorable Influence, for now the market .being so largely dependent upon the liberality of the‘movement, that auy setback or delay would naturally create suf ficient concern to bring about a prompt re action. A more far-reaching view, how ever, would suggest that, eliminating tem- be bullish ou Steel when- uml hold It. We con till uc ever soft. The Smelling support was maintained. It now being held between 152 nnd 156. Brooklyn Rapid Transit Is still in the trading limits heretofore mentioned. Ht. Paul is held between 169 and 173. Southern Pacific Is reported well bought NEWS ON ELECTION CHIEFILtlCE Widened Betting Odds t<j 5 to 1 in Favor of * Hughes STAMPEDED , SHORTS Covering Caused Advances in -Many Stocks of 2 ■ Over 5 Points. THE COFFEE MARKET. New Y'ork. Nov. 2‘.—The market opened steady at unchanged prices to a decline of 5 points under a little sell ing againat firm offerings from Hrazll, which, however, was promptly ab sorbed with the market doing a little better during the middle of the morn ing. when actual sales were unchanged to 5 points higher. It Is expected that the world’s visible supply statement as of November t will make a bearish showing, with an increase of over a million bags, but the bulls point out that possibly as much as 750,009 bags of the coffee brought into sJgitL Is In the hands J of the government’s agents and will not be sold until the second half of next season.-—Glbert & Clay. Following U the opening range nnd clo*« of thu New York voffoo market for to* dnv; January.. .. .. February.. *.. . March mS?!:::. June July August September. . . October November December Closed steady. Opeulug Range. ....6.15-6.2) . .6.25-6.3) . .6.35-6.40 ....6.40-6.50 ,...6.55 . .6.55-6.65 . .6.70-6.75 . .6.75-6.80 . .6.85 . .0.09-6.95 *.3.95-6.05 6.40-6.45 6.50-6.55 6.60-6.65 6.65-6.70 6.75*6.80 6.80-6.85 6,90 6,96 6.95-7.03 6.06*6.13 COTTON SEED OIL. Onenlng. Closln . :!6%<rt37 36%«36% . v 33*iii35% 34%035% . .-2, er.35% ;n% . 35 4*33% 34«4<»35% December. . January. . . February. . . March. ... t _ May 35%#35% S5 Sales. 100 November nt 39 nnd 100 Decent her at 36%. Closed steady. 73674*! * 728774. PRIMARY MOVEMENT. the primary movement of w heat and eorn: Wheat—Receipts today 892.00) bushels; last week '.•53.000 Imsheis. against 1,170,000 busheis last year: shlpmenta today 564,000 liushels; Inst week 400.00-) bushels, against 513.000 bushels lust year. .... Porn—Receipts today 4I6,0»») bushels! last week 365,000 bushels, against 426.000 Imsheis last vear: shipments today 460.000 bushels; * ' ’ ' against 22S,*s)0 CHICAGO CAR LOTS. Wheat t'orn. . Oats. . Hogs. . Today. Tomor. J. T. 1IOLLEMAN, President. / F. J. PAXON. Vice-President. W. L. KEMP, Treasurer. J. \V. ANDREWS, Secretary. UNION SAVINGS BANK Four Per Cent Inter est Paid on Deposits ASSETS $150,000,00 On* dollar start* an account. Houro: 9 a. m. to 6 p. m. Sat urday, till 9 o'clock at night SOUTHERN JEXCH ANGE Oldest Established Office South. COTTON—STOCKS—BONDS—601111 Ground Floor Gould Building. Dally market letter and market manual mailed on application. New York. Xof. 2.—Today's* security ket was distinctly bullish nnd there ..... heavy short covering and buying for th* long account through the entire list. Th.u. wan flu eapec/iiily. violent rise In the groin, of. local franchise shares''which havejti^ largest and most' direct eoneeru with th- re*nit of the election uext.-Tu^sdny. Tfcpi> was a spectacular upturn lu Great North, orn and Northern Pacific nnd lu Ht. Pam, Union Pacific, Rending, Smelters and Cop', per it was evident that a short Interest was being driven in ht great . cgpfu^ir.i,. Tho upward movement continued 'persist- ontly throughout the morning, with trail- ing more active than it lias been for two weeks past. No Attention was paid to the copipsratlve stiffness of local money rah** to the advance In sterling exchange or t.’. the tower market for Ainerlcnu shares in Loudon. New York, Nov. 2.-The stock market a* slightly reactionary, with deeliues ipgiiig from %tfi%. Cousldernble profli- faking was evident in Pennsylvania, wlif.-h oijeiied % lower. Resdiug nls<» opened off %. Declines of % were recorded in Union Pacific. Southern Pacific, Erie nud Haiti- more and Ohio. 8f. Paul and Atchison were unchanged. Steel common lost % nnd Amalgamated %. After the opening trading, the market devtdoped further Irregularity. The entire market thle morning was influenced by election sentiment. The developments overnight, followed by widening of the betting odds to ,5 to i. in favor of Hughes, started a stampede on the part of shorts to cover, while at the same time it made holders nt long stocks more confident of their po sition nnd left the market without am* supply In sight except at materially higher prices. The advances result ing ranged In many stocks from 2 t<» over 8 points. London traded on both sides, selling largely at the opening »*f Pennsylvania and Amalgamated, but bou'ght other stocks later in the first hour, the sales exceeding the purchases by about 25,000 shares. Government, bonds unchanged, oth er bonds Ann and active. THE LONDON STOCK MARKET. STOCKS— ,1 ’I Amalgamated Copper. Anaconda Atchison do, preferred Baltimore and Ohio.. .. r and Rlt> Gmilde . preferred.. Canadian Pnelflc.. . Jlllnol* Central.. Kansas and Texas. . .. do. preferred Louisville and Nashville,.... New York Central Norfolk amt Western. Northern Pacific Uuratio and Western.. .. . Pennsylvania Philadelphia and Reading. Rock Island Southern Pacific Southern Hallway.. .. do. preferred.. St. Paul Union Pnelflc United States Steel do. preferred Op'niCkmK'io '266! j — 110% ... ... 269 , ... 101% 101%|101 j 75% 78%! Tti 1 * 175% 175%! 175% . J172% 172% j 173% m 1 144 144i«'H; : . 514 'ii’il'ii*. i?i4 Wsbash.. preferred.. dl06%il06% .. iw .A 52%i ;••••• L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Correspondent's Capital $250,000 REFERENCE. ■ THE NEAL BANK PHONE MIT. PRUDENTIAL BLDG MINING STOCKS. illnta fi%: Old Dominion 62%. SEABOARD AIR LINE. Bid. Asked. Heal ward Air Hue, common,... 24 26 do, first preferred. . . . 80 s* tlo, second preferred 52 55 tlo, 4s v; tlo, three-year 6»..;. .. . .... 99% ic«** do. ten-year 5* 100% l'D% Safe Deposit Boxes For rent in our vaults in Ibe basement of iht Empire {Building for only $5.00 each per annum Absolute Security and all Modern Conveniences You should not be Without one. IVe invite you to call and inspect them. - Title Guarantee and Trust Co. New York. Baltimore. Boston. Chicago. Atlanta. New Orleans. Washington. San Francisco. The following figure* give the Northwest tara of today. Inst week and ln*t year: Laat L«*t Today. Week Year. THE LIVERPOOL GRAIN MARKET. Wheat--Opened % higher; nt !:.*» p. m. higher; ejoaed %b% higher, corn—Opened unchanged; at 1:5) p. m.. % higher: clone*l % higher. THE METAL MARKET. spot and future deliveries. »«» Ultchottficd and quiet, nl spelter were dulL The American Audit Company 100 Broadway, New York City. F. W. LAFRENTZ. C. P. A., Pre*. G. E. MANWARING, Vice Pre*. THEO COCHEU. Jr., Secretary. Tlie American Audit Company, chartered under the laws of New York, la empowered to examine the affair* of, and make report* upon the flimn- i cial condition of private and public concern* for director*, officer* and in dividual*. The preparation and inetalling of ».vntoniB u specialty. ATLANTA BRANCH. 1015-1016-1017-1018 FOURTH NAT'!. RANK BLDG. C. B. BIDWELL, Resident Manager. Telephone, Main 072. Cable Addreaa, Amdit, New York. 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. Frank Hawklna, Prexldent. Tnooui C Erwin. Aaaf. * 'aabler. R. W. Dyer*. A*st. Cashier. Third National Bank Capital Surplus $200,000.00. $300,000.00. Dr. A. W. Caibonn. Mlltr.n Pargsu. Join *.V. Grant. 11. T. i!*Tori. DIRECTORS: Frank Hawkins. II. M. Arklnaow. Juocf'b A. McCord. J. II. .Nonna!!?. J. Carroll Payee. H R Rowr. DavM Woodward. Wll. L. PEEL, President. ROBERT F. MADDOX, Vice Prealdeat THOMAS J. PREPLEP. Cashier. JAMKK O. I.KSTKR. Aaslataut CtShlR. JAS. P. WINDSOR. Assistant Cashier 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.