The Atlanta Georgian. (Atlanta, GA.) 1906-1907, November 10, 1906, Image 16

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tc TILE ATLAN TA GEORGIAN, 111 llilAY, XOVKMIiKII 1". ID" ENGLISH CABLES NEWS AND GOSSIP •“if the Fleecy Staple. At the Close Prices Showed a Loss of 15 Points on Futures. SPOT WAS 25 LOWER New York Sympathized, the Close being Steady 13 to 17 Points Lower. Private Wire to filbert St Clay. New Turk, Nov/ lO.—IJrerfH»«d closed U lower. Was due 6 to 7 lower. On till* basis we ahoold open 16 to 18 lower. The spinning trade demand has Jieeu_vsry from Jl The market is tieglnhiug to show the ef. 3.168.610 ton • the New York Financial Chronicle: ■■■■■ Thin I«aat Last Week Week. Visible supply 3.626,063 3,314.306 3,057.345 American 2,861.«53 2,565^06 2,294,3* In sight for week.. 617,845 623.490 483,064 Since Kept. 1 4.091,170 Port receipts....... 414.000 Port stocks 1.044.179 Lx ports 263.234 lutf-rlor receipts... 339,700 Interior stocks 472,067 Inf. shipments 275,84! Total null takings. 342,100 American mills 262,100 Hou. consnmptlon.. 47,000 Nor. spinners tak's 77,2S# Edited by Joseph B. Lively MARK! Mr. LIrcJy's twenty-five years* experience of ed- Plug markets In Atlanta snd the South has made him a recognised au thority In his specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS THE WEATHER. LOCAL FORECAST WEATHER CONDITIONS. • ufather prerails orer the * uitheni f tie* country. where no rain has ilnriiu’ lie* last 21 hours. Jtniii has i. Washington. northern NAME OF STOCK. New York. Nov. 10.—Owing to the break In cables, the opeulug of the k>c*l cotton market was better tbau expected. Heavy bear pressure, however, forced a renewal of stop-loss telling that aoon weakened the price to a parity with the market at Mverpool. January touching 9.4$e. or the lowest point on the pretent movement. Apparently I.Irerpdol Is beginning tu l»e- lleve we have raised nn Immense cro cotton. The K|H*eiilatire element in that market, through Its representatives, are having estimate* fiscal to atilt them, and their Idea* ns to the price at which we should sell our crop goes down ns the es timates oft heir friends go tip. They are nt present thoroughly satisfied as to the manner In which current estimates are crawling up to and even above the bump er crop of 1904. Neill llro*.. of I^udou and New Orleans. j»re easily leaders in crop estimates for the foreign speculator. II. Y. Nelli, the New Orleans end of this aggregation. I* well known to cotton trade lu America, lie at one tlttio was said to (asm* conservative estimates of the crop, but this conservatism did not last long, and later Ills estimates were all in the Interest of the English spinner, and he, on one or two occasion*, lost them some guml money as a result of (s ing over zealous in their behalf. lie died a short w hile since, but he could not leave this world Indore having a say nt the size of the present crop, mid lie eahled to Liverpool that Ms "minimum es- 11 mate was ||.m«w and iiillilmuiii 13.5)0.- On this we should open about 18 d»wu. Market's only support seems to come from satisfied shorts covering. Little ac tivity Is noticeable, and unless I ►cars 1»e- eoiiie aggressive do not look for much change from these levels. The western forecast Indicates partly cloudy weather for Texas both tonight and Humbiy, and fair weather throughout the the minimum*. lie gives the sixo of the nop Hal. and after much thought mid weather nnd frost comparisons with previous sea sons. he lm« fnly made up Ills mind that this crop nill aggregate 13.780.000 bales, and gives the total supply for 11WM907 nt 16,- lfW.IMO bale*. The previous l umper crop (1904-1903) foot ed up 13.365,885 bales. These figure*. If the people who raise cot ton could lie iorctsl to Indleve they are cor rect. migiirs lower prices. It Is apparent, however, that the people who spin mid sfr ~ ot I oil they fleet In the Aniericnn markets In syuipn- *fhe Liverpool market this Morning eloaed 13 points lower for futures mid 2f» pulnts lower for Hales were heavy for the short session, spinners taking 7.0w bales at the decline; mfddlliig 5.50. Following Is the range in the active nAuith* In Liverpool today: Open, il'.gli. Low. November ., 5.26 5.2* 6.23 January February 5.21 6.22 B.lj% .Msrch-April 5.27 6.3 5.& May-June.. .. 5.32 5.32*4 5.27 The New York market for futures, oil tli dfeldedly weak Liverpool, opened 8 to I point* down, recovered a few i»olnts Intel after which the tradlug was dull, thb etos being steady, chauges from opening price* hflug sinsll, though 13 to 17 point* below the closing figures of Saturday. The dose today, os compared wltk Hatgw ilay, November 3. shows tluit prlees li . » lost 88 to 47 points, today touching the km est |»oint for the present downward nioyo- The following table compares closing to- day with Hatunlay, November 3: Today. November 9.39 41 Hecember 8.38-39 , January 8.46-46 February 9.51-to March 9.66-66 April 9.71-73 Alay 9.76-77 June. 9.83-86 July 9.86-86 Estimated for Monday: 190G. New Orleans. . . tt.not to I6.U11 (talvestsu 19,0)0 to 84,DM) Houston 12,004 to 15,000 Movement at Atlmitu: Keidpt* today Manic day la«t year increase Shipment* ttslay , Maine day last year .. . ULSTER’S WEEKLY the movement of the cotton crop shows Increase lu the movement Into sight c« pared with the seven days ending this date Inst year. In round number*, 81,000; crease over the same day year liefore Inst of 54.000 mid mi Increase over the same time In 1003 of 40,000. For the nine days of Novemlier the totals show mi lucremy over last year of 91,fc«, mi Incrense oyer the same period yenr be fore last of 1O.OO0 nml mi increase over the same time in I9&1 of 53,000. r the seventy days of the season that • elapsed the aggregate is ahead of the lily days of last year 163,000. Ih-IiIihI same days year before last 402,000 ami abend of 15by 05.000. The amount brought Into sight during the past week lias been 684,169 hale*, against 508,518 fur the seven days ending tills dale last year, 629,846 venr liefore lust, mid 643.- tlmc in 1903; mid for the nine day* uilwr It has been 750,020. against 656.069 last year, 739.748 year before last and (97,051 same (line lu 191*3. ‘ *»e lilHVetneut since September 1 shows ipt* at all Fulled Htates port* 3,077.8(9. agalu*i 2,882.196 Inst rear. 3,313,914 year be fore last and 2,512.793 same time In lfM3. liver In nd across the Mississippi. (Milo mid Potomac rivers to Northern mills mid Can ada 149.917. against 127.319 last year. 188.351 year liefore last mid 114.1*9 same time in irscr: interior storks lu excess of those held ill the dose of the commercial yenr 324.265. against 412.126 last year, 479.711 year before last mid 349,919 same time In 19>)3; Hoiitlieru mill takings 647.000. ngalnst 639,946 Inst year, 49G.4R3 year liefore last .and 427.568 an me time lu 1903. Foreign exports for the week have tieen 269.521. against 231.151 last yeilr. making the total thus far for the seison l,93*.on5. against 1,750.888 last year, mi increase of 187.117. Norlhcrn mill tnklugs mid Canada during ie past seven dnys show 11 decrease of 232. imparcd with the corresponding period . Jmeltltg Ref. . . do. preferred. . . . Atchlsou. ....... do. preferred. . . * American Cotton Oil. . Ain. Car Foundry. . . Baltimore Sc Ohio. . . Brooklyn Rapid T. . . Canadian Pacific. . . . Chicago A Northw'o. . Chesapeake St Ohio. . Colorado Fuel L Iron. Central Leather. • . . do. preferred. - . . Chicago St Great W. . Chicago, M. St 8t. I\ . f ndnware St Hudson. . Distiller's Securities. . Erie do. preferred. . . . General Electric. . . . Illinois Central Am. Ice Securities. . . Louisville Sc Nashville.', Mexican Central. . . . Missouri Pacific. . . . . NAME OF STOCK. N.Y., 6nt. & Western. National Lead Northern Pacific. . . . New York Central. . . Norfolk A: Western. . Pennsylvania. ..... People’s Gsa Pressed Steel Car. . . do. preferred. . . . Pacific Mall Reading Republic Steel Rock Island do. preferred. . . . United States Rubber. do. preferred. . . . Southern Pacific. . . . houtbern Railway. . . do. preferred. . . . Floss-Sheffleld Tenn. Coal Jt Irou. . . Texas A Pacific. .... Union Pacific. ..... United States Steel. . do. preferred. . . . Vi.-Car. Chemical. . . do. preferred. . . . Western Union Wabash. ... 7 .... , do. preferred. . . . Wisconsin Central. . . do. preferred. . . . 9.86 9.83-84 9.89-90 9.97-99 lu.nfc-h, 10.12 13 10.17 18 10.2123 SPOT COTTON MARKET. Liverpool, spot cotton fair and «asb* litbMIlng upland* 5.5<8l: sale* T.OuO; Aim- lean 5,900; s|H-culutiou and export 5of; r i-elpts. none. AtlntiiM. steady at n%«*. New York, quiet 111 10.1'h-. New Orleans, quiet nt 9-.e, Boston. quiet at 1'l.lOc. Houston, easy at 9%c. Baltimore, nominal ill Us-. Memphis q* let TODAY’S PORT RECEIPTS- The following table, shows receipts at the ports today, compared with tbo same day last year: New Orleans j Galveston j Hstmiuab charleston j Wilmington { Norfolk ! Boston l'ert Arthur aud Nallne! l*n:*v last year, mid their total takings aim_ September 1 have dtH’rpnscd 58.37*. The to tal taking* of American mill*. North. Houtli Ine 501. • Starks nt the aealtonrd mid the twenty- irllie bailing Southern Interior centers have Increased during the week 169.462 bale*. nguliiNt an Incrense during the correspond ing period Inst season of 117,507. mu! are non 146,632 smaller than lit this date III 1906. • NEW YORK. Tbs following Is tbs rangs Id cotton fn* turss In N«w York tod«y: a I J3 U 5 l # 2 c a Nor Doc Jan Feb. . 7 . . March. . . , April. . . . May June. . . . July 9.46 0.40 9.46 9.57 9.67 9.72 9.77 9.90 9.85 9.46 9.48 9.53 M7 9.73 9.72 9.N4 9.91 9.92 9.38 9.3S 9.43 9.67 9.63 $.6 IS 9.38 ,9.39 9.46 9.57 9.65 9.72 9.77 9.9» 9.86 9.39-41 9.38-39 9.45-46 Mffif 9.65-66 9.71-73 9.76-77 9.83-85 9.86-96 '9.54-55 9.65-66 0^0-fiO 9.68-70 9.78-79 9.83-86 9.89-90 9.96-*r7 9.98-10 ('blued steady. LIVERPOOL. TLa following table gives the opening range and rloac, combated with yesterday's dose: Futures opened firm. Opening Previous Ranee. Close. Close. .7715.26- 6.23 6.88 ,...6.19 ..8.20 .. ..6.21 .8.22*4 November.. Nov.-Dec... Doc.-Jan.. Jan.-Feb.... 1! a rch-April.., . .5.27 . .5.28 .6.32 ..5.34 .5.36 8.16*4 5.81*4 6,16 5.31 6.16*4 5.32 6.19*( 6.86 5.27 6.4: a ! c D X ! !lj [ ■ l! Nor. . . . . Dec. . , , , Jnn Feb March. . , . April. . . . May June. . . . July 9.3* 9.44 9.51 ‘9.10 9.78 9.83 9.38 9.49 9.58 9.77 9.78 9.92 .\.l 9.36 9.41 9.49 “9.67 9.78 9.S2 9.41 9.41-42 9.49 9.494T .1... 9.57-60 9.68 9.68-6S 9.78 9.76-78 9.83 9.83-84 9.90-92 1 9.99-01 9.46-48 9.57-58 9.C4-6S 9.70-72 9.M43 9.85-93 9.96-98 10.03-05 10.11-13 Closed barely steady. ILL THE MARKETS E IT THE CLOSE Price Changes Were Narrow, the Cereals Closing a jnall Fraction Lower. Chicago. Nov. 10.—The markets on the board of trade showed blit little life, and price chunges were narrow. There wan considerable bualneaa In the way of evening up over Bunday. Wheat cloned l-8c lower. Com was off l-8c. Oats were up l-8c. Provisions were easier. All the markets closed tame. Primary recelptn of wheat for the week were 6,276,000 bushels and corn 3,286 bushels, compared with 7.780,000 and 3,499,000 bushels, respectively, a ell :nsi.:*M. against 1.IHS.3«# last year. These year USO • C«uh .'alas amall. and induded A - 30,00« bushelh whi-af, 1 180.000 bushels corn and 50,000 bushel, oalit at C'hl- chk<>. The oeaboard reported 5 load, wheat, 2 load, corn and 30,000 buahela oat,. Clearance, for tho day were, f63,000 bUHhel, wheat, 220,000 bu,hel, corn und 17,000 bunhclfl oat,. CHICAGO GRAIN MARKET world’s Visible SUPPLY STATEMENT Secretary* Hester’s utntcment of the orld’s visible supply of cotton. Issued yenjerday. shows an Increase for the week Jiiht dosed of 334,923 HM-uinst nn Increase of 239.093 Inst year and an Incrense nf 265,691 year before Inst. The total visible Is 3.615.204 against 3,280,281 Inst week, 4.061,415 last yenr and 3,421,528 year before Inst. Of this the total of Aihcrlcun cotton lx 2.860.- 204 against 2,522,281 Inst week. 3,298,- 415 lust year und 2,907,628 year before lust, nml of all other kinds, including Kgypt, Brasil. India, etc., 766,0000 against 758,000 last week, 7G3.000 Inst year iftid 5143,000 yenr before Inst. Tho total world's visible supply of cotton as above shows an increase compared with last year of 446.211 and an Increase compared with year before last of 193,676. of the world’s visible su. >»f cot ton as above there Is now l-mt and held in Vreat Britain and Continental Kuro|M> 1,664,000, against 1,927,000 last year and 1,643.000 year before last; In Egypt 146,000 against 113,000 last year and 130,000 year before last; In India 321.000 against 373,000 last year and iso,000 year before last: and In the United Htates 1,484,000 against 1,648,- ooo last year and 1,469,Out) yenr before last. THE LIVERPOOL GRAIN MARKET. Open. WHEAT- Hee 73*4 .May 78 July.... 76*4 COUN— Dee 42% May 43% 7«'.4 OATH- 34% 84*4 38*4 33*4 May..7. _ Jlll.V 33% 33 6 , 1*0 It K- Jaii.... 14.17*4 14.25 14.12*4 •\Ll.v... 14.39 14.35 14.25 LAUD— 9.27*4 9.30 9.27*4 Dee. Jnu... 8.50 HIDES— Jnn.... 7.60 8.50 ii 1 ? 31% :C% 3:1% SPINNERS’ TAKINGS American Cotton Secretary Hester Rive* the takings of American cotton of the yorld as fol lows: This week 256,000 this year, against 305.000 yast year, and 286,000 year before last. Total since September 1, .this year, 2.164.000. ngalnst 2,809,000 last year, anil 2,lir>9,000 the year before. Ot this Northern spinners and Can - nda took 443,000 bales this year, against 502.000 last year, and 517,000 the year before; Southern spinners 653,000. against 647,000 lost year, and 601,000 the year before: and foreign spinners 1.168.000, against 1,260,000 last year, and 1,410.000 the year before. L. J. ANDERSON ti C0.’3 DAILY COTTON LETTER. New York. Nov. 10.—Irregularity was noted In the <*otton market today, nml scalping Interests appear to ho taking ad vantage of eonfllctiug crop estimate*. The week renditions, gftiuer*', statistic? kud movement were the main Tt*stnres of lu- fluence. and these should he Mosely regard ed. The weather Is seasonable, and It Is apparent that planters are making good non progress In picking. The glnners* statls- faiirii lu Oi Michigan, we New England rk aud ou tin 1 .♦ant. Bunion. Forlhmd. Me., mid H|ioUmie lojKirt mining Huron. . | thl* morning, j The pressure, ha* decreased throughout yi the entln* eotnitry east of the Roehy Monn- ! l«hi*. The center of greatest nil* pressure c.U | In over the Rocky Mountain district*- while "»|7 ! the lowest I* at Marquette. vr.LZ 1 Higher temperatures are reported ojyj? Atlantic coast and along the i-ast * 1*7% R*H»kl(»s. In the Ohio and nun shtSlppl valleys It I* somewhat emile . } The i^mditious favor contlnneil fair wentli coffier in thl* soetlon tonight aud Suiuli t., 7 T j ho material change In temperature. en-.p< n. t 75 '5th lUfiid 91% | Afdlene. 32% l Amarillo. 9454 j Asheville. Bismarck. . , . . Bisiton Buffalo Charleston. . . . Charlotte. . . . Chicago Cincinnati. ■ • . Corpus Christ I. , Davenport. . . . NEW ORLEANS. The following Is the range In cotton fa- cotton movement DURING PAST WEEK Following Is the statement of the week and season's movement of cot ton as complied by Superintendent King, of the New York Cotton Ex change: Weekly Movement. This Yerfr. Last Year. Port receipts 422,702 364,468 Overland to mills and Canada 44,467 23,752 Southern mills takings * (estimated) .59,000 56,00# Gain of stock at inte rior towns 53,783 51,868 Brought into sight for tho week 579,952 496,088 Total Crop Movement. Port receipts 3,076,333 2,950.483 Overland to mills und Canada 149,Q18 119,068 Southern mill tak ings (estimated) .. 491,000 463,000 Stocks at Interior towns In excess of September 1 318,108 383,164 Nashville. . . New OrJeatiS. . New York. . . North Platte. . Omaha Palestine Pittsburg. . . . Portland, Me . . Portland. Ore. . Ht. Louis. . . . H't. Paul Han Francisco. . Havnuunh. . . . H|M»kane Tamps Taylor Thomnsvllle. . . Vicksburg. . . . Washington. . Wilmington. . . oo MAKiiruv, Section Director. oral and shows plainly that planters ere satisfied with prevailing prices for spot cot ton. Tho exports, however, continue quite lilternl, and the chances are that I he forelgu element will continue to favor the buying side, so long as prices continue nt the pres ent level. The (eudency noted of late promises to continued uninterrupted during the next few day*, nr until the next gin- ' report Is Issued. LIVE STOCK MARKET. May., . cash wheat - nil 2 red 744174V*; No. 3 do 734*74; No. 2 lmrd whiter 7-%^<5; No. 3 do 71*4074. GIBERT dL CLAY'S • DAILY MARKET LETTER Chicago. Nor. 10.—Hogs—Estimated re- Ipts today 9,000. Mnrket strong to 5c high er; quality fair; left over 2,752; bulk |0.QGff> 6,40; estimated for Moudny 38,000; light $6,054)6.45; mixed $6.0506.50; heavy $5,804) 6.45; rough $5.80*I6; pigs 85.40^6.25; ynrkers $6,354)6.40; good to choice heavy $6,404)6.50. Cattle—Estimated receipt* 800. Market steady; quality fair; beeves $3,404*7.25: cow $1.40(04.35: heifers $2.4066.20; calves $507.75 good prime steers $5.30($7.25; poor to me ilium |3.90fg6.28; stockcrs uiul feeders $2,604 4.40. Hlieep— F.stimateil riwelpts 2.600. M.'truer slow: quality fair; native* $3.154*5.50; west ern $3.1005.45; yearling* $.1,504)6.49; hnnht ?4.25®7.50; western $4.Sfi7.35. 4,034,459. 3,915,715 ifdny nnd Sunday. * Arkansas. Tennessee. Kentucky—Fair and cooler Saturday, and Sunday fair. NEW YORK COFFEE MARKET. Following I* the opening range and close of the New Y’ork coffee market for Opening Range. March April Hn.v. June July August September. .. * October....’.. .. November.. .. December. .,.. . Closed steady. . .6.20-6.30 . .6.80-6.40 ..*40-6.45 . .6.46-0.50 . .6.55-6.H0 ,.6.60-6.70 ..6.70-6.75 . .6.73-6.85 . .6.85-6.90 . .6.90-6.96 . ,6,05-6,23 .. .640-6J5 Close. 6.20-6.25 6.30-6.85 6.40-6.45 6.45-6.55 6.55-6.60 r. 60^.70 C.70-8.75 6.76-6.85 C.85-6.9-) 6.90-6.95 6.00 6.06 .<104.15 EARLY DECLINE LEDJY \\ eakiiess of That Stock Affected Entire List I ) tu .. in^ First Hour. BECAME STRONG LATE Fluctuations in General List Comparatively Narrow. (Hose Lower. Xeiv York. Nov. 10— For the second time this year the New York banks in clay reported n deficit In their rcerv,. Tho account shows a loss of $4 set on. which effaces the surplus remalnla, last week, and leaves the banks $1,080,000 behind their legal reiiulr,. ments. The decrease of *7,400,000 ret, resented in the loans again shows tha- Yhe operation of taking up credits fr L London has. In Its practical bearlnn been very much misunderstood 1 lh ' other hand. It Is entirely Impossible u reconcile, with the known mone, movements of the week, the rtecreu. of nearly $9,000,000 In cash holdings. Prices on the exchange held up f a | r ]. well, even after the discouraging bank figures appeared. On,the Official an- nouncement from Washington that th. secretary Intended to do nothing present to relieve the situation ,h. selling movement was resumed a n,| ntthout there being any Important liquidation, the closing was weak' Doubtless a more severe 'decline na, prevented by the feeling that the aver- age reckoning had made the bank i H «i. tlon appear more unfavorable than li really was. The stock market, after early weak- ness. In which Rending led the decline became strong. Early losses u.ro re.' covered and In some Issues moderate ■gains were scored. At the end ,,r th. first hour’s trading Reudlng drubbed from 140 to 144 3-4, on the execution of several large selling orders, umountlw In all to about 15,000 shares The stock was easily taken and scattered buying forced the price back to !4t, when there wus u renewed supply that caused another drop to about the lev- cat range on earlier movement. Flue- tuatlons In the rest of the list were comparatively rtarrow. Government bonds unchanged. Other bonds steady. SEABOARD AIR LINE. Following were the closing quotations 0! Seaboard Air blue stocks and bonds: „ , - Bid. Aiked. Senlioard Air Line, common..., 24 _r. <lo, !lr«t preferred so do, second preferred 51 51 Jo, ten-year 5s ino 1 ,v. do, three-years 5s 80 16', _ do, 4s...; 82!n *T, NEW YORK BANK STATEMENT. STOCKS REVIEWED BY NEW YORK SUN Xi'W Origan*,* Nov. 10.—General llqtibla- tl'iu ’abroad r***nltliitf from the \v$>nkncss of tho *iall*Lbnl iM**ltion of rot toil, n* I udIont(><| by yi>*terilay'* «rtn»k-end supply nu*t‘d a slurp decline ' tbo INTERIOR RECEIPTS. prrvli u IilVo *aios wrn* 7.000 bob**. bb*:il xvtutbe ami ImarUli statistlos Iwvo primarily . In* Ntitiilril tin* pioKrtit diM-iliif. mid nntn* tally tbvr»* ••ontlmir* to ln» hoard on all *ldr* »«xpr****|4iiis *»f a Imhih*Iful yield. While unit Inn- 4* following tablo viu»\v* r* Interior tmvtu today, rompm same day last year: I* ull along similar lino*, nnd nft$*r a material !«»** in values has oc curred. it I* but natural that I ho conserva tive teietjtent pr$N*«*tHl with tu«»re caution, r«*j«lIzli»*r tluit nt any moment sonic unfavor able elrrumstsiici* may upset previous cal culations. Fiidcrlyliu; the fumlainciital In ttucuec* affecting uutavornblc market prlees there must also l$e 4*4>u*idcr«*.l th«* abso lute lack of general speculation. Hie ab sence of which leateg the wslfnre of the , market in the baud* of the omnipresent at tue M-rtipr. and be. toUowlim the line of least * oiip4iNltUm. finds no difficulty In hrlusing a Unit ilsslred results. The restricted dr- •'Ulittloti «*f money throuith exorbitant In- J. T. HOLLEMAN, President. F. J. PA NON. Vice-President. W. L. KEMP. Treasurer. J. TV. ANDRKWH, Hccretnry. IS C ALABAMA ST. New'York Stuck Ex« h*ng GIBERT & CLAY STOCKS, BONDS, COTTON. CRAIN corree. provisions. MEMBERS; ATLANTA. GA Home time to come, mid util> •■pinner* become duly impivKsd with xist- J lint l\el* n* a purenaslui; lm*l* -there I* : " *e t«» warrant more than temporary Ini- i rcmeiil*. iav York. Not. t«‘.-The market refU-t ; aitridiKitbrn* of an unraokruliie bank i eiuent today during the early irailing. 1 offerings lljriit. MBMhM j ot lb * first In : ill price* had UNION SAVINGS BANK Four Per Cent Inter est Paid on Deposits ASSETS $150,000.00 On« dollar starts an account. Hours: 9 s. m. to 6 p. m. Sat urday* till 9 o’clock at night. »i. e. ruuic., i. iiiiiii.r.AiA.i r|.\ DE BROOKS,J. M. JOHNSON. New York, Nov. 10.—Tho Sttti sfiys “There were fewf If any movements yes terday that did net fefleet the money sit uation. Isondon houses sold a amull quan tity of stock on balance In the forepart of the day, but the news regarding the forclgit financial oltnatlon. encouraging In ns much as Its general tendency Indicated n will)agues* on the part of tbe Bank of France to release tuouey for the u*o of English banker* at the approaching Ixm- ilon financial settlement. This was definite ly attested by a sharp rise in stegMug ex change In Paris. Here, the one feature of tbe market was the further ndv 1 touched l£ per cent a few minutes liefore the close, although at the very end of tbu *o«slon money was offered ut 8 |>er eent. Time money was again lu demand at 5 per cent for all period* under five ntlntbs, and there was once tnoro report* of loans of six mouths money at 6% per cent. The most strlklug characteristic of the market was, as every one conceded. Its refusal to deellne under circumstances that might well have provoked n sharp fall. The greater portion of the money lent on rail today was put out at 9 per ceut. nnd there were no Indications that time money was likely to !»)' cheaper for several weeks to come than It now i*.”-Glbert A (May. CHICAGO CAR LOTS. Below Is given receipts today aud esti mated receipts for tomorrow: Today. Tonior. SOUTHERN EXCHANGE Oldest Established Office South. CO no*—STOWS—BONDS—GRAIN Ground Floor Gould Building. Dally market letter and market manual mailed on application. L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Correspondent’s Capital $250,000 REFERENCE. THE NEAL BANK PHONE 1417. PRUDENTIAL BLOC THE LONDON StOCK MARKET. •STOCKS Amalgamated (iopper..' Anaconda .. .. Atchison ... ., do, preferred , Baltimore and Ohio Denver and lUo Uraude Erie do, preferred Canadian Pacific.. .; .. .. . Illinois Central Kansas and Tcxks do, preferred I.oul*vli)n and Nashville. . New York Central. . . .'. .. Norfolk nnd Western.. .. .. Northern Pacific Ontario nnd Western Pennsylvania Philadelphia and Reading. . Rock Island. Kouthern Pacific , Southern Railway.. .. .... , do. preferred.. Kt. Paul Union Pacific United States Steel do, preferred Wabash... do, Great m The weekly patkment of the New York BatiU Association fbofrs tho ro|Iowin< chunges:' 4 t Increase. Decrr&w. Reserves.. ..... .. $ 5.5KJ* Ism ns 7,292.7#» Specie 5.&IM* Legals 2.982.5* Deposit* 17/W9.4* Circulation $1,519,700 - November. December. Jnnunry. . ay. . . Closed s COTTON SEED OIL. Onsnlng. THE PRIMARY MOVEMENT. Ill*t movement of wheat Wheat—Receipt* today 897,000 bushel: week 921,000 bushels, and 1,196,000 bush' Inst yenr; shipments today 406,000 Imshi-I' last week 627,<»o bushels, and 593,000 luisbcli last year. Receipts today 640,000 busbcL. .« and 470.000 bushel* In 1 last 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 not be without one. We invite you lo call and inspect them. Title Guarantee and Trust Co. ATLANTA NATIONAL BANK ATLANTA, GA. | C. E. CURRIER, Prevident. A. C. THORNTON, Vlee-Pre»identT1 H. T. INMAN, Vlce-Pre«ident. GEO. R. DONOVAN, Cashier. I JAMES S. FLOYD, A»s't Cachler. Capital $500,000.00 Surplus and Undivided Profits $500,000.00 We Solicit Your Patronage. It..,i.l TraJe. York Cotton Exchange New OtbMUs Ht.M-k Etchangt*. t.Iw Kew Y«rk Coffee Exchnugc. ‘ X**w Orlretm Hosnl of Trade. iL-iiio»t«iu tvtren i;i PRIVATE WIRES To AI.I. EXCIIAXOKS Leeat and Long Distanet Tolophono 5298.. C. E. KEPLINGER, Mcu-er. lily nmderate <>«in<-f'*sirtns n perttmL t^indon was t. and money r*i»*s In New York ■ 4im*o of th«* ttortkin-Kj.: The Imuk ut t«Miay read* tuumtlsfaeiory. and lif next wi-i'k with a «l»*tkd( lu ()»*• »* in ex«*H *»f umler niulrmout*. Tin* market, however. trading tinlay npt»cttre«l to i r»-lliN-t no »jipretu-n*i-»u ! While (In* situation *ts< not warrant the ALONZO HiCHASitDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone, Main 858. ATLANTA. GEORGIA. New York. Nor. It).—|lnw-Joue*' mini- nary: 8ern*»ary Hhaw arrived in Washlug- on.’ but made no aiiuounoetitent on n**lst- :no»* lo the money umrket. tHeei t$»r Roberts nf the mint, MUote$l nt o»vor, think* bar silver will iietter within the next two s of the , , . , . gain Iti cn*h innu the luu-rlor week aft 3£ % Compound Interest ft the rate your mon:y will diaw If deposited In the SAVINGS DEPARTMENT of CENTRAL BANK AND TRUST CORPORATION CAPITAL S500.000.00. CANDLER BLDG. STRONG, SAFE, CONSERVATIVE Vou are Invited to call and Inspect our auartera and investigata our facilities to aerve you. A hearty walcome await*' you at thi> bank.' ASA G. CANDLER. President. W. I.-. ' ATTERSON, Vice-Prea. A. P. COLES. Caihler. JOHN 8. OWENS. Vice «re«. WM. D. OWENS. Aaat. Cashlar. HUBBARD BROS & CO., Sis Atlanta Office,. 219-221 Century Building. Members N’ew York Cotton Exchanffe, New Or leans Cotton Gixchange, Liverpool Cotton Asso ciation, Chicago Board of Trade, New York Cof fee Exchange. New York Produce Exchange. Business solicited for the aboveexchanges. Direct wire aervitc. Correspondence invited. Phones 454, Long Distance 39. A.S. Hustace. Mur. 'amm mm. ...