Below is the OCR text representation for this newspapers page.

THE ATLANTA GEORGIAN, Quick Upturn of 15 to 19 Points on Its Publi cation. A SLUMP FOLLOWED Most of Early Advance Was Lost on Sales to Real- , ize Profits. Amount of cotton ginnod up to No vember 1, 1906, 6,982,000, egeinet 8,457,- 595 leat year. .NEWS AND GOSSIP Of the Fleecy Staple. Private Wire to Glbert Sc Cloy. New York. Nov. 8,—Liverpool opened 5<|6 higher. Wiw due 1%02% Wfflier. On fliis basis, we should open olsmt 7 high' Liverpool rubles: “Market flnn awaiting glliners' report, Bank of Kuglumi rate eliangml.” The sinners Hmu’d In* about 7,ion,no,), and will Ik* eonstrued us bearish nnd probably cause small deellne, but ae© nothing in selling cotton short »t 9%e, even if the crop Ik*, ns w«* believe, In excess of 12,500,OIL ha leu. There is n Letter feeling throughout the market, mid If we have a Urge gin and the nnirket weakens, we should conservatively. Spinners an* nuinifoHtlhg more Interest, and Manchester cable* very favorable. New Orleans, Nov. 8.—Liverpool at « is better than expected. Was expected ‘.‘@3 higher. The census bureau today at I |». in., our time, of cotton ginned to November 1 will compare with 4.910,290 to O-tobor is. 1, IMS. Thei pile id trndiug map is again A r kan 'lrx than New York. Nov. 8.—Firmer cables •xpected and buying by local Inter?* anticipation of the census bureau •n the amount of cotton ginned up i ▼emlier 1. from the growth of ti.U s due at 2 p. in., accounted for an adra I to h points at the opening of the ■ market today. Following the cull the list bald steady. Business was largely l< Tod 11 fall. Louisiana, ami parts re very light, amt up* ciassen frielnl forecaster ns thunder i The balance of the l**lt is clear n The tropical disturbance Inis taken easterly course, and Is Indicated t headed for the Bahama Islands, .weather prevails In the Missouri hut In the northwest temperatures lug. Edited by Joseph B. Lively MARKETS Mr. Lively'* twenty-lire yeara* experience of ed iting market* lu Atlanta and the South baa made him a recognised au thority In bit specialty. RANGE NEW YORK STOCKS AND COTTON MARKETS NAME OF STOCK. Amalgamated Copper. AtInntl* Coast I me. . American Sugar lief. . Anaconda American Locomotive, preferred. American Cotton OIL Am. Car Foundry. . Baltimore St Ohio. . Brooklyn Rapid T. . Canadian Pacific. . Chicago St Nortbw’n Chesapeake Sc Ohio. Colorado Fuel & Iron. Central Leather. . . . do. preferred. General Electric. Liverpool showed unexpected strength this morning In cotton for future delivery, the opening being firm some 5'p6 points higher, fcrhen price* 1%&2% points would have !»eeo a full response to the 11 o'clock bids In New York on Wednesday. The batter feeling In that market continued up to the rinse, which was quiet l%fi9 points above the previous close. Uncertainty ... «. .'clock, created nunn nd Induced moderitfe buying by the bnlls and covering by shorts. Following Is tb< clive *.6.35 5.34% 5.32% range If. . lb months In Liverpool today: Open, High November **'- January February. March-April May-June o.w •».** «-•»* Spot cotton was steady mid in fair de mand, with price* marked up I point to 1.63d for middling, on sales 8,000 bales. In New York. Liverpool's opening m| later Improvement was met up to the t!ui< of the Hosing of the English market, nfte which there was a monetary lull in the trading and fluctuations were narrow, oper ators apparently preferring tu await the government glnuers* report nt 2 o'clock lo* fore making ventures on either side ol the account. The tendency was onward later, with prices advancing steadily up to midday on covering by shorts sod support from hull Interests. April. May and July to well above the 10c line again As usual, on a large delegation from outlying towns, mostly people In the ton trade lu a spot way. were lu the today, and the exchanges presented » ly appearance all through the sew and many estimates of the ginning tlgp western forecast -Indicates partly weather throughout both tonight atid uw, with colder weather In north •exna Friday. eastern forecast Indicates gen utlier throughout Iwth today a Lower temperatures are exj gulf states. ATLANTA MARKETS. FRUIT8 AND PRODUCE. EOGK—Candled, active, 26c. LIVE POULTRY—Hens, active chickens, plentiful, J5®2?%e “ ' 35c each: puddle. eneli; geese, full feathered, 65c each k‘vs. active, 15e pound. GUESSED I'OULTBY—Geese, undrawn, active, M012%c pound; turkeys, undrawn. ftHilTK -Lard, 10e ib.: limns act I shoulders active, 10c lb.: sides i. . 10c pound; butter active, 15022%c pound; beeswax, active, 25c pound; hone IVI*, pOUIMI, UVill'/i l*rlgl|t, aind; honey In 1-potiud blocks. pound: chestnut* active. $4.00 bushel; dried apples, 6c pound; white peas active, $2.40 bushel; lady peas, $3.00; stock, 11.25. GAME—Qi’nll. active. .«> each; doves, ac tive 5e each; duel's, mallard, active, 4oc; each; ducks mixed, active. 20020c each; wild turkeys, active. 16e pound; rabbits, nc five. 12%c each; squirrels, active, 10c each; opossum, dressed, active, 12%c pound; opoa- sum. live, active. 8c pound. „ „ _ Fill'ITH—Lemons, fancy Measena, $6,000 active, cupples, trnugea, •Morlda stock,’owing to size mid condition were made. eporf. blah. Protr ornptly at 1 o'clock, the report whs |m»sI eo on the hoard, the figures being 6.S92.000 hales, against 4.910.290 on October 18. 19U8. and 6,457.596 on November 1. 190s The market hesitated u nmmcii publication, nt which time Deflmiber wna quoted at 9.74c, January 9.84r. March log spd May 10.12c. When trading began again. It was apparent that at first It whs con strued at decidedly bullish, as tt» five min ute* December had advanced 19 points, to •Hi 16 points, to 10.16c, aud May 15 polnU. ti 10.27c. Tbc#« sharp advances brought out reallg irp log sales, and fluctuations a downward tender point. Comparative recelpti porta: Net receipt* today.... Marne day last year... nil 1'uttcd Htatei Decrease Total receipts for fire days.. Same days last year Increase Total receipts since Same time last year.. .. 49,803 , 3.008,832 2.831.807 177.015 Increase • Estimated for tomorrow: New Orleans 8,000 to io.5o*» ll.StC Galveston * 19,000 to 23,000 14.311 Houaton 12,000 to 15.00U 11.679 Movement at Atlanta: Receipts today.. Same day last year.. Increase Shipments today Same day last year. Increase Stock on hand today... Same day laat year 1.3X3 Increase From the high point, there were th*llnJ of 6010. though the close wus very stcaiTv 11028 points better than the finals of Wed uesday. Illinois Central Am. Ice Securities. . . Louisville St Nashville. ck sales today 51!.too shares. NAME OF STOCK. Y.. Onf. Sc Western. National Lead Northern Pacific. New York Central. . Norfolk & Western. Pennsylvania People's Gas Pressed Steel Car. * do. preferred. . . Pacific Mali. Reading Rending. ........ Republic Steel Rock Island. ..... do. preferred. . . • United States Rubber. do. preferred. • . . Southern Pacific. . . . Southern Hallway. . . do. preferred. . . . Slosa-Sheffleld Tenn. Coal * Iron. . . Texan Sc Pacific Union Pacific United States Steel. . . do. preferred Va.-Car. Chemical. . . . do. preferred sg Western Union. Wabash do. preferred isi TIPS FLASHED From Wail Street New York. Nov. 8.—Marshall, Spader & Co.: “The recent heaviness of the security list has been ■ attributed both to a let- alone policy and the fact that under exist. Ing monetary conditions n (sustained ad vance could not he secured which would jioriiiit even moderate distribution. We !relieve, however, that the course of the market will Ik* very closely regurnted hr Interest rates nnd the sentiment based oil thin consideration." New York. Nov. 8.—Dow-Jones* sum mitry: American stocks lit London heavy %0% htUw parity. Bank of England rate re mains nt 6 per cent. Except for the defeat of Hen rat. .... result of the New York state-election Is still In doubt. Attorney General Moody appointed to the bench, aud Hecretary Hitchcock resigns from the department of the interior March .esentHfives cut from 1_ No demand for stocks in loan crowd. Banks willing to carry existing loans at 19.67 per cent. Londou thinks now that now the elec tions are over Secretary Hiiaw will 110 longer be deterred by politics from helping _ . — l»r . the money market. If necessary. Chicago reports serious congestion of rail way traffic. Smelters securities' dividend unchanged. Treasury buys 1U0.000 ounces of silver. Twelve Industrials decline .65 per cent. Twenty active railroads declined .56 per eeut. Bending should be bought on all reactions for turns, as stated yesterday. General Advances of a l>Y ae . tion to 2 Points Were Recorded. HILL STOCKS STRONG Practically all Active Issues Moved With These Issues. New York, Nov. 8 —The devi,| nn the Bank ot England directors u, |. av : the discount rate unchanged caused rw NEW YORK. The following la the rang* In cotton fn- turm In Ktw York today: a xs t 5 r 2 m + SS r i c fl Nov. .... Dw Jan. ... . . Fob. .... March. . . . April. . . . May June. . . . July 9.701 9.84 9.66 9.93 9.70 10.00 9.84 9.89 9.S9.M.IK 10.00 10.00 10.02,10.27 10.00 10.28 10.O8jlO.26 o.fo 9.65 9.7) 9.84 9.8* 10.00 10.01 10.28 10.08 9.84 MS 9.91 9.89 10.09 10.0i) 10.21 10.28 10.26 9.82-84 9. S3 84 9JO-91 9.97-99 10.08-09 10.12-14 10.20-21 10.27- 28 10.28- 30 9.64-66 9.61-62 9.66-67 9.74-76 9.84-85 9.89-91 9.96-97 9J94X 10.03-04 t'loMfd very steady. LIVERPOOL. close Futures opened firm. Opcnlug November.. . Nov.-Dee. . Dee.-Jan. . . Jan.-Feb... . Feb.-March.. March-April. May-June Juiie-July.. . . July-August. . . Cloned quiet. Previous Range. Close. Close. . .5.85 5.38 5.29 .5.26 -5.27% 6.31% 5.22% . .5.26 -5.27 5.31 *15.22 ..5.28 -5.29% 5.32 6.23% ..5.31 6.34% 6.26 .5.3:1 -5.34 5.37 5.28% ..5.35%-5.36% 6.39 5.21% ..5.40 -5.39% 6.41% 6.34 .5.41 5.43% 5.36 ..5.43 -5.42 5.45% 5.3.S f id l I n—i.euioiis, iniiejr $6.00. Bananas, per punch, culls, nc fl.00tll.25; straight*. $1.5002.00. 1*1neap Florida atock, per crate, $'2.5003.00. Oral cholci Ben Dn— w _. . 3.00. New York state apples, winter varie ties, choice per barrel, $3.0003.50; fancy, $3.7604.00. Grapes. New York state. Ill 5-lb. baskets. Concord*. 2O022%c; Niagaras, 22%0 25c; Untawbas. 2O022%<\ Cranberries, fancy dark Capo Cods, per barrel, $10.00011.00; Jerseys. $9.00010.00. Grape fruit, Florida sto4*k, owing to size and color, per box, $2.50 03.00. Limes, Florida stiM-k. por hundred. 40c. Nuts, fancy mixed. In Ihixcm, per pound, 12%014e. The new-erop nuts lu hulk not yet In the market for this season. Mill quote Inter. Coconnuts. heavy ruitnus, per k of 100. active nt $4.0004.50. Peanuts lu * each, owing to Limes, 4Qe per ts. heavy $4.0004.60. sticks averaging 100 pound* grade, per pound. J’VfttJe. 100. VEGETABLES—Beet*, cabbage crates, sctlve. $2 crate: cublmge, standard crate*. l%c pound; cublmge, barrels. l%c pound; egg plant active. $1.5) crate; ciicimi- Imts. $2.50 crate; tomub***. fancy, netlve. $3 crate; tomatoes. choice, active. $202.25 crate; bean*, round green. $2.00 crate; onlous, dry, active, 75#* bustn*l; Irish pota- •rote NOTES ON GRAIN Pointer, on Provision,. Private Mire to Glbert Sc Clay. Chlcngo, Nov. 8.—Believe our May wheat at present safe to buy. Corn should do better today. Gat* look like a ptirehnse on every slight dli». Provision* lilghor on the short run ol hog*. Cudahy buying May nnd selling Jan nary. Seems to lie talrly good offerings of lard on the bulges. Chicago Chronicle: The ninouut of wheat ami flour ns wheat now on the ocean* des tined for Importing eoiiutries la 31.352,000. corn 14.171.00(1 bushels. Last year th amount of wheat wo* 29,080,000, corn 10,165, ooi bushels. During tin* Inst week wheat dee reused 32.000, com Im-rcasliig 1.000 bush els. The like week In 1905 wheat Increased 672.000. corn 406,000 bushels. Exports of hog products last week: Pork 2.671 barrels, lard 9.216,000 pounds, meats 20,9*2 boxes. Imst year: Porg 2,800 barrels, lard 9,973,0(Ni pounds, meats 16.036 boxes. Anierb a last week contributed nearly 50 per rent of the total world's shipmeuts of wheat ami flour, which looks well and is somewhat significant. Broomliair* Argentine agent reported considerable damage hud been done to the growing wheat crop in the north provinces.' The visible supply of grain statement, so far us covered by the -Chicago Board of Trade report, showed for the last week nn Increase In wheat of 896.666, rye-27,000, bar- U(.wu v i.t*"».000 It ml oats 806,000 bushel*, corn decreasing 939.000. rye 87.000 and hurley 313.000 bushels. The point* gaining 50,000 bushel* or over In wheat the Inst week Buffalo 566,000, Fort William 466,000, knt, six baskets, small, $2 crate; . Duluth 409.000, Milwaukee 135,000, the canals pound: lettuce. 99.00m. Kansas City R7.00», Detroit tW.000. cauliflower, active. 8010c . bended. $2.50 drum; sweet potatoe dull, 40e bushel; sweet potati dull. 3(kr bushel; kraut, fialf-bi rutabaga turnips, H^c, el. FJ.7 FLOUR, GRAIN, PROVISIONS. FLOUIt—Highest patent. $5.60; best pat ent $4.6u: standard patent. $4.25: half pat- nt. $3.90; spring whent patent. $5. CORN—Choice red cob. 70c; No. 2 white, •e; No. 2 yellow. 69c; mixed. 68c. OATH—Choice white clipped, 60c: No, 2 white, 48c; No. 2 mixed, 48c; Texas mat- Baltimore hTJWO, and New orleau* 50,000 bushels. Polnls losing: The lakes 326,000, New York 212,000, Minneapolis 180^000. Phil adelphia 178,000, Galveston 165,000, and Port Arthur 84.000 bushels. Points gaining corn: New Orleans 142.000, Montreal 64,000. and Detroit 50,000 bushel*. Points losing: Buffalo S43.00Q, Chicago 77.003, the lakes 74, 000 bushel*. Ohio November report give* the wheat area sown this fall at 2.036,000 acre*, against 2.010,000 acres harvested Inst year. Condi tion 96, against 97 one year ago. Condition 102, against 104 last month and 100 tr ago. Mold lu corn lu shock re- the condition. Area of ry«* 4H,«M10 i. Condition 93. against 9f» one year ago Condition of Hover seed 48, against 59 last HAV—Timothy, choice large haVa. It.20; I year. . , „ , do., choice small bale*. $1.15; do.. No. 1 Mock* of flour nt leading center* lu the Hover mixed, $1.10; do.. No. 2 clover tulxod. country on November 1 were 905,564 barrels, $1.10. Choice Bermuda. 85e. , compared with 701,402 a month ago and 831,- RYE—Georgia, $1.mG; Tennessee, 90e. Bar- | W » SW «KM- MEAI/—Plain wnter-gronnd, per hnahel. I 'J'te ve 66e; bolt ml. 14" pound Jute*, per lni*Uel, «Je; J dtiewl Hhorts, white, $1.50; uumIIiiiu, $1.40; browu, I $1.35; pure bran. $1.20; mixed bran, $1.15. ii a v ■ • ‘ • • * • *• ■ ^■Atlanta. ■PROVIBIOS’H—Hupreme hams. 15c. Dove liaiu*. 15e. I'nllfornla hams. $9.00. Dry salt extra ribs, 9.26; bellies, £0-5 pounds. 10,87%; fat backs, 8.25: plates, 8.25; Suprem^^j 10.25; Snow Drift compound, 8.2 New 8POT COTTON MARKET. • GROCERIES. SUGAR—Standard granulated, $5.10. York icfined. 4%c; plantation. 5e. COFFEE—Roasted Arbucklc s. $16 50; bulk In hag* or Itarrels, 13c; green, 10012c. RICE-Carolina, 4%07!ic. according to the grade. CHEESE—Fancy full crenni dairy, 15%c; THE WEATHER. aud Frida.. WEATHER conditions. Thera has been a general decrease In the air pressure throughout the interior of the country since yesterday morning, while in the northeast and far northwest it has in creased considerably. There are two area* of high barometer, one centered over the state* Just west of the ltocklc* aud tin WHEAT WAS EASIER ft Larger Northwestern eeipts and a Lower Curb Main Influences. Re- of when final prli <iov. 8.—Foreigner* a u liberal manner, set back of %©%c. This nine out through one or two houses. Corn causing NEW ORLEANS. auc ininj*YiUK is too rau(« turea In New Orleans today: 1 o 5 c 1 III Close. II Nov line Juu Feb Mareli. . . . April. . . . May June. . . . July 9.601 9.80 9.68 9.99 9.76 10.07 * 9 95|ibl27 io.i2jio.46 ,9.tol 9.80 9.68 9.92 9.74 9.99 ‘o.oijibli? 9.80-82 9.91-92 9.98-99 10.05-07 10.17 10.24-26 10.33-35 10.44-46 10.48-60 9.62 9.68*59 9.75-76 9.0-83 9.85-96 10.01-03 10.12-13 10.19-21 10.25-28 NEW YORK COFFEE MARKET. New York. Nov. 8.—The coffee market . raxlllau i weak in tone, hut were unchanged, notwithstanding tb- PS thy with cables, kets were reported prices were uuchange.. additional gain of 1.32d In the rate Brnxlllan exchange. The two porta had 85.000 hags, against 58.000 last yeaf. There wna nothing fresh lu the (•oneernlng the coming crop, official auouucemcnts yet been made __ to the second vnlorixatlon louu.— Glbert Sc Clay. Following table glvct, opening rouge and close of.the New York coffee market for today any Opening ltaiwre. CIoi rough on hanged,'and provisions 2%01Oe Iilghc The Argentine shipmeuts. na estimated by BroomIkiII. were 8lo,000 wheat mid 3,610,000 w«ok ago were ■> fkvi non 11 n nil el« 968,000 bushels whent ami 2.900.000 bushels corn, compared with 984.000 and 1,463.000 bushels respectively a year ago. Cush sale* were 18.000 bushels wiie*,t, 00 * bushels corn nnd 225,000 bushels oat* here; twenty-two load* wheat, nine load* corn and 94.000 bushels mil* nt Hie board. CHICAGO GRAIN MARKET grain a ollow; nd provision quotations WHEAT- Dee 73 May 77 1 July.... 76* Open. High. Lo OATS- 42% 43% 44% Dec 34% May.. July— 33*4 POBK- Jan.... 11.10 May... 14.2M Dee 8.7: 76% 76% 76% 42% 42% 43% 43% 43% 44% 44 44 34% •34% .34% .35% 35% :«% 33% 14.15 14.02% 14.07% 14.22% 14.10 14.13 9.35 9.32% 9.27% 8.72% 8.70 8.67% 8.52% 8.47% 8.47% 42% 9.30 8.60 8.42% 7.65 15* Jnn SIDES— Jnn.... 7.C May... 7.J _ , CASH M*IIEAT— No. 2 rwl 74074%, nomlmil; No. 3 do 72 074; No. 2 hard winter 72%074; No. 3 do 71073%. CHICAGO CAR LOTS. March. \pril... -fay... June.. July August. .. . September. . .6.70-6.8* .. .6.80-6.9M . .6.90 ..6.95-7.00 ..6.10-6.15 ....6.15 THE LIVERPOOL GRAIN MARKET. M'heat—Opened Ji lower; til 1:30 p. ui., THE SUGAR MARKET. GIBERT & CLAY'S DAILY COTTON LETTER New Orleans, Nov. 8.—In Liverpool op tions Hoaed 7 to 8 points over the previous day's levels, while spot sales amounted to “ “ bales one point higher. The reaction from recent llqulda- With nn impending census report of gin dngs of the growth of 1906 to the first of Coveinber hanging over the market. It ittt natural that a quiet and uninteresting esslon should result. There wa* little. If iuy• new business put through and trading *-• • - Y|j p liquidation if outstanding contracts of cautious traders. The wide divergence of opinion ns to the Igure* expected and the practical useless- dependent upon weather conditions makes forecasting not only unsatisfactory but ex tremely unreliable. Nevertheless, ns pre viously has been the case with ginning estl mates this season, the figure* to be issued *je most suggestive manner ln- lie ultimate size of the crop. dlcntlv The sacrifice of gin Inbor to tin* actual gathering of the crop in the field* ha* been Insistently commented on and the condi tion lin* arisen through effort* to *nv delayed field work from further exposure to the clement*. The government estimate* the total gin ning to November It at 6.892,000, ns compar ed with 4.910,290 to October IS and 6.483.546 to November 1. 1905. STOCKS REVIEWED BY NEW YORK SUN don beef* steady. LIVE STOCK MARKET. Chicago. Nov. 8.—Hogs—Estimated oelpt* lodn.v' 17.000. Market strong; quality fair: left over 3.538; bulk $606.30; estimated for tomorrow 16,000; light $5,957*6.35; mixed $606.40; heavy $5.7506.40; rough $5.7505.90; pigs $5.3506.15: yorker* $6.2506.35; good to heavy choice $6.3006.40. " tfle— Estimated receipts 26,500. Mar ket steady; quality fair: heeve* $3 9007.25; cows $1.4004.35; heifers $2.40495.20; calves $5 07.75; goml prime steers $5.3007.25; poor to ‘ cker* and feedera $2.: ; stock medium $3,900 04.40. Sheep—Estimated receipts 20.0u0. Market stcud.v; quality fair; native $3.20©5.C5; west- $3.2006."' ** eru $:i.2005.60; yearlings $5.604t6.5o; lamb* $4.5907.65; western 0l.SO4Gr7.UO. Today. Tomor. NORTHWEST CARS. I twins, 15%e. stale* euti 27,000. Atlanta, stea«l> New York, quiet sumption; * N>w Orleans, quiet nr 9", Augusta, steady at 1«» 1 !•:. HL I*»Ul*. «|tlle ‘ Savannah, quiet Itontoii. quiet n Houston, steady TODAY’8 PORT RECEIPTS. Ttw following table shows receipts at tba porta today, eonipared with the same day last year: Allan tic 'lorldu. An area of low lutmine- In North Dakota, causing 1 .Mll< itotiud; blue fish. Sc p»r p« I8fi20e pound; limekerel. 12% l!*n. 6c per pound; fresh xva Uunllue** in that vIHnlry . Mont. Balu Iiii* fallen hi tie 1 last 24 hour* III Ore- »n. M'nslilngtoii ntul lu portion* of Texas. iu|M»ratttiv ha* risen rapidly In the ! I MkoliiN. but lu UII changed but lit lb*. Fair weather, with 1 atlie etlo It ha I little change in COTTON SEED OIL. car* of today, last week and last year: Laat Iot*t Today. M'e«k. Year. Mililieapoll* 3n 265 42! PRIMARY MOVEMENT. Tin* following figures give the primary February. March. . May. . ..»%H35% 34 tl34% 34% 034% Minimum and Maximum Temperatures. GliKcrvutiou* taken at S u. hi.. i5th inetid- Ian time. :.4%tr3«-*» 34%034% 2 »%0.!4% 34%03»% :U%034% 3 4% 0.34% ! Mitiituum.iMnxImiim. incut* l«*lay 771,000 bushel*, against 437,000 bushel* last year. h- Receipts today 3l7,i») hush against 350.00O tuishc!* last year, today 136.0(H) bushel*, again*! 355.nuu I last year SOUTHERN EXCHANGE Oldut E.tkbll.lMd Offlc, South. CO n«—STOCK BOIDS GRAIN Ground Floor Gould Building. Dally market letter mid market manual mailed on upplication. L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Correspondent's Capital $250,000 New York. Nov. 8.—The Sun soya: "The result of the election In ihift state was mdoubtedjy disappointing from thd point Jt view of speculative Wall street. The reneral election result. Inking the country >ver. could, by no means, he considered ttn- ftntlsfactory. A* regard* the hiiportunt cou- teat in thia state, however, lu the latter ,mrt of Inst week sentiment ntuoug the nnk nnd file of speculators based upon v.r- Hou* development*, which It I* now evi dent were cdnsldered In an over optimis tic way, ran very strongly to the effect that the Republican cundidnte for government would do elected by nn exceetflnglv large plurnllty. The fact that tbl* plurality fell heavily short of those ex|MM-tntiou* was thu* rather dl*agreenblo, even when com parison* of election figure* showed that the plurality thu* east was large for an off rear. No doubt, another principal factor in the market yesterday wna anxletv lest an advance occur today In the Batik of England'* discount rate, atul unpleasant rumor* circulated during the early part of business hours that this step hud. Indeed, been informally decided upon by (he direc tor* of the bank, lu bunking circle*, how ever, the opinion wa* almost universally held that a further rise In the Rank of England's discount rate was quite improb able. A very fuvornbh* omen regarding the local money situation l*. rf course, the ad vance to n premium from a verv heavy discount of exchange on this Htv in lb- leading Western financial center*. — Glbert Sc Flay. surprise In well Informed financial L , r . cles today. Nevertheless upon our lo. cal stock market, where some uneaM ness wan expected yesterday, the new! had a good effect and prices opened uo sharply all through the list. Tht weekly statement or the English instb tutlon. as was also anticipated, re. corded Improvement In condition over a week ago, it« proportion of reserve to liabilities rising from 30 to 38 1-2 per cent. Abroud the bearing of this PX . hlblt upon the day's financial move- ment was merely negative, it wai looked upon as no better than ar.tloi- pated, and as still leaving the reserve Item far below a normal average. Ac- cordlngly neither In security prices or In outside money rates was there any change of consequence in the foreign markets. On our stock exchange what little life there was, did not outlast the first half hour. In Union and Southern Pacific, Head. Ing and the Northwestern Issues, upon which the speculative buying centered, the opening gains were fairly well maintained up to midday, but the trad ing sank Into insignificance. The stock market bad n firmer tom- dur- Ing the first hour. Price* In the earlr part of the trading made general ;uj- vanccs ranging from %©2 point*. ru«-r** was continued accumulation of the Bln stocks. These stock* and practicnilv mi the other active i*HUe* moved in about the fcnuie way. advancing early, and then reacting moderately. Nearly all the trait Ing element hn* advice and Infonnntitui that Secretary Hbaw will do smm-thinj; t-» relieve the tuouetary situation. The’ row eral Idea I* the secretary's action can oniv ho in the direction of retiring 4* dm* next May. Government bond* urn-hanged. other bonds steady. SEABOARD AIR LINE. Following were the closing quotations o! Seaboard Air Line stocks aud bom's: Bid. Asked. Seaboard Air Line, common.... 24 do. first preferred.. .. .... S') *5 second preferred.. do, ten-year* 5*.. do, three-year 5*.. do, 4* ’ ,.19) , 99% MINING STOCKS. Boston. Nov. 8.—North Butte 113%. < 'all- fornia and Arizona 157, Utah 65%. Old D<>- ""4. Winona l». minion 61%, Copper Range 83%. LONDON STOCK MARKET. IPri. Amalgamated Copper.. Anaconda Atchison do, preferred.. 269 L'n'i ,102 1*11 Baltimore and Ohio. . . . Denver and ltlo Grande. Erie do. preferred Canadian Pacltle.. Illinois Central Kansas and Texas do. preferred Louisville and Nashville. New York Central Norfolk mid Western.. . Northern Pacific Ontario aud Western. . Pennsylvania. STATE FORECASTS. Georgia—Generally fair tonight ami Fri day; warmer tonight hi east and smith por tion*. Hourb Carollnn—Fair tonight nnd Friday III oast, showers tonight or Friday lu west portion; warmer tonight In extreme west portion. Bock Hou them Southern Hallway.. .. do. preferred.. .. Ht. Paul Union Pacific United state* steel. preferred.. .. 143% 14t»*i'l<3% 146 |WS|,4«-, Wn bash... ssgggasgsBiggisasBBsaii*^^ Safe Deposit Boxes For rent in our vaults in the basement of the Empire Building for only $5.00 each per annum. Absolute Security and all Modern Conveniences You should nol be without one. IVe invite you lo call and inspect them. Title Guarantee and Trust Co. REFERCNCC. THE NEAL DANK PHONE 1417. PRUDENTIAL BLOC. INTERIOR MOVEMENT. Mobil*-. . . . Savannah. . charlest.m. . Wilmington j The following table j interior towns today j same day last year: mo pa rcl xvltb the 1 $39,000 WATER Norfolk. Boston. . . . Philadelphia. Mui Pensacola Jacksonville. I 'edge. . . . : El Paso. . Fort Smith. DECATUR, GA., BONDS GIBERT & CLAY Sealed bids Invited by undersigned until 6 p. in.. November 26, 1906, for I or part of issue. Bonds dated October 1, 1906. Mature In 30 years. Annual Interest 5 ;r cent, payable semi-annually. Denomination 5100 each. Bonds validated id Ineontestlble. Certified check for $5oo mutt accompany bid. Right re vved lo reject any or all bids. Mark bids "Proposal for bonds." f HUBBARD BROS & CO COTTON •> MERCHANTS Atlanta Offices, 219-221 Century Buildinc. 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 tbove exchsnges. Direct wire service. Correspondence invited. Phones 154, Long Distance 39, A.S. Hustace, Mgr. lit ALABAMA UT STOCKS. BONDS. COTTON,. CHAIN. come, provisions MEMBERS. ip* ’ New oi!t**n» Cotton Ex«-!u New York Cottou Exchange. New Orleana Htovk ExHmuge. New York Coffet* Exchang “ ** ” * JOHN* A. MONTGOMERY. Mayor. ATLANTA. GA New York Sto r I.iv«*rfmol Cot to otton Ex Local and Long Distance Tetaphono 5298. C. E. KEPLINGER, Manager. ! Norfolk. North PI ALONZO RICHARDSON & CG., PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. • Boll Phone, Main 858. ATLANTA. GEORGIA Portia ml. Ml* St. Lulls. ! Si. Paul. , ' thin I'r.iin- ATLANTA NATIONAL BANK ATLANTA, GA. C. E. CURRIER. President. A. E. THORNTON, Vice-President. H. T. INMAN', Vice-President. GEO. R. DONOVAN, Csshisr. JAMES S. FLOYD, Ass’t Cashier. Capital $500,000.00 Surplus and Undivided Profits $500,000.00 We Solicit Your Patronage. 31 % Compound Interest It the rate your mon;y will draw DEPARTMENT of deposited in the SAVINGS CENTRAL BANK AND TRUST CORPORATION CAPITAL $500,000.00. CANDLER BLDG. STRONG, SAFE, CONSERVATIVE Vou arc invited to call and inspect our quarters and invtstigats our facilities to sene you. A hearty welcome awaits you at this bank. ASA G. CANDLER, President. W. TTERSON. Vice-Free. A. P. COLES. Cashier. JOHN S. OWENS. Vice-Pres. WM. D. OWENS. Aset. Csohler MB