Newspaper Page Text
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11
THE ATLANTA GEORGIAN.
FRIDAY. NOVEMBER 3. 1W.
AT THE OPENING
Initial Prices Were Slightly
Lower Than > Due ou
Liverpool." ’•?
Frlrite wire to (IjM, _ ^ ,
New Yorir, Nor; -23.— Liverpool nf 12:90 p;
m., 4fr6 lower. War ’expected 2&2% lower.
On thl* l»til«. we should open 4<&6 lower.
Liverpool cables: “Market affected by
1'gyptinn selling. Very narrow market.”..
Price estimate* the crop "“
* *», ansumlr " —
hn« been glnm
* to November 14, 1901.
The Journal of Commerce; “The market
was generally quiet nml atcady during the
day. A significant feature of the tmde
I* that some of the large converters have
become convinced that the higher level" of
for cotton goods Is going to hold
than It has held In other years re-
.. aud they are preparing themselves
for It by engagements going well forward
Into next year on many lines of staple
fabrics. In the nbioiiee of fine good*,
I due to scarcity or to high price, their
.. .« C1 'i taking up with heavier fabrics and Hre
Hot tor reeling boon JJ(3V(2i- going to keep their establishments running
° oirgow Is that will hold their trade."
'New Orient!*. Nov. 23.—Liverpool at 5fl6
STARTED A*T LOWEST.
NEWS AND GOSSIP
of (the Fleecy Staple.
oped And p Shall) Ad
vance Was-the Result.
t
N**w York. • N*w. *23>—In ■ response to * the
cables, the local pot ton market started O&l
point* lower, but waA ,bhl up by shottaJo
point even ,wTOi‘the filial; quotation* of
* .. —‘tjf- * f -
erday
<‘piauilMslon Jiotises generally.
In 'fa'tori of higher prices last night,
his fact; undoubtedly
uiissTon Jumsds
Taper iirices
mbtedly accounted t&t
In outside*buying early.
Disappointing, LI|’«*frpbo1 .advices.- Improve
ment In the'wenbln+jnWl eyi*»ore<l move
ment tcslay .were JJ»e depressing Influence!
under whlrlilthd ntprke*. futures opened this
morning. The break nt, the OMBlng was not
sensational, 7and **■ only t Points below,
expectstlons’ln view of r allghtly lower cables
than expected. * !
The EnglMb market was 4 to.5 lower at
12:30 p. in., When,a decline of 2 to 2% wn«
due. Part of 'the 1 , tarty, decline was recov
ered. the close -being Irregular,* 2 points
higher to 2 vpbmts lower., # ' .
Following ' ls\ the-range Jin ‘the active
month* In I4verpoo! today. “ * - .. fc .
t . open. High. Low.
November..,.s,. J’. . .’...5.73 5.74
.Tnniniry-Fohriiary. . . .5.5*} 5-51^4 5-55..
Mnreli-Aprll:.. 5.57 5.63 ■ 557%
May-June...4.., 5.61 5.67. 5.61
In siM)ts*,the trade wn*:eaaler nta decline
of 8 points; tmik 1»K middling 5.99d.. Spinner*
were decidedly light, in their demand*, tak
lug only 6;000 .bales. / . . _
First prices in New’ .York ..were 6 to-<
points’Jow^r, December again going bolow
the lOcUnb.The opening proved to bo the
lowest of thn session, nml on good buying
the market worked slo'wly upward - from the
start, prices shortly after mid-day»record
ing advance* of some'13 points over the
close of ye*terdny. aud aomoi20 points above
the low point of the'morning session.
Estimates}of the crop on the basin, of the
ginner*’ report are,beginijlng to make their
appearance. From 12,c*"
most popular.
The*c figure
dneer of cotton.
The action of the committee on revision
of quotations of spot cotton dlsapoplnted
1 aide shows the difference
lief ween the old and new quotations, nt
which other grades than middling may be
delivered on contract:
Old. New.
1.30 on 2.00 on
o.96 on 1.50 on
0.62 on l.oo on
0.44 on 0.76 on
0.14 off 0.32 off
0.3* off 0.50 off
0.72 off 0.90 off
1.00 off 1.26 off
to 12.200,000 are
should not alarm the pro
Fnlr
Middling fair
Strict good middling
Good middling
strict low middling
Low middling
Strict good ordinary
Hood ordinary
Strict good middling tinged, o.so on 0.46on
Hood Inlddltng tinged.“Even Even
Strict nilddllbg tinged 0.06 off 0.12 off
Middling tinged 0.12 off 0.24 off
Strict low middling tinged.. 0.34 off 0.46off
Low middling tluged ;0.60off 0.90 off
Strict good ordinary tinged. 0.84 pff 1.25 off
Middling stained'....; O.MOff 1.00off
Strict low inlddllug stained. 1.06 off i.GOoff
ijow middling stained A*.... I.GOoff2.00 off
^pp^rlntefidutit .King of the New York
‘ * r — *- i:y the amount.of cotton
imii'RiKK iuf the week, at 553,766
bales and I bus far for the season 5,159.177.
, ’Lhe Into.sight figures, nceordlng to Seen
* taty llestnr of .the Now Orleans Cotton Ex
rlmrtge. are Jiu‘fqllowd: .
f Overland for the week 48.532, against 45,309
last year nml 492.254 In 1904.
Since September 1*t 247.604, agalnat 212.279
Inst year and 281,082 'u 1904.
. Into sight for the week 559,964, against
634.-038 Inst year and 515.539 In 1904.
September 1st 6,221,233. against 5,009,499
last year and 5,690,10S lu 1904.
Comparative receipts at all United States
ports:
Net receipts today
same day Inst year
Increase
Total receipts for the week 418,649
Fame week last year
Increase 21,261
Total receipts alnce September 1 3,902,859
Same time last year 3,678,194
Increase ... 224,665
Estimated tomorrow:
1906. 1906.
New Orleans .........7,000 to 9,000 11.773
Galveston 17,000 to 21,000 12,210
Houston 10,000 tp 12,000 9.1U7
Movement at Atlanta:
Iteeelpts today 1,974
Same day Inst year 1,474
Increase
Shipments today 1,900
Same day last year..... 659
Increase ...1,241
stock on I111 nd today 14.936
Same day hint year ' 12.213
Increase 2.723
The strength that developed during the
early morning continued until a few tnlu
tiles before the clone, the advance being
MMgi - - ring by Weld and
barely steady, net
arw » m ic.m*. «).—l<lvi rpoi)i ni wifv
down ond small spot sales at u decline of
8'points Is a disappointing market. Options
were due 2'&’3 points lower
A special to The Times-Democrat from
Fall River, Mass., says; “Cotton mill
unions of Fall River reject offer of 5 per
Vent Increase and vote 10 strike If 10 £er
oeut. advance not granted by mill owners.
There Is.a belief In business circles that If
a strike occurs on Momlny It will lie of
short duration, 25.000 operatives being
thrown out of work nnd thirty corpora-
Hour operating seventy-five cloth mills
would be *a fleeted.’*
Monday, -November 26, will be the first
notice, day ou, December options Jit New
Orleans.
. Tbo I market,/at - the moment dlsplaya a
tendency to Improve, despite the Influence
of a disappointing foreign market and fu-
voriiUfe weather. The niovemnt today, how-
evert i Js expected to be heavy.
’ The * Western forecast Indicate! fair
weather tonight, with Increasing cloudiness
nnd probable rain In Texas and the Terri
tories. -Colder weather Is predicted for
tomorrow In the northwest.
Nfcw York Commercial, Thursday moru-
ig:
lu spite of the plans carefully laid In ad
vice to make nn 8,600,000 census reporu ap
pear “hen rleh, the market’s Judgment un
doubtedly, .was that the report was bullish.
There will lie all sorfs of Ideas advanced,
wllImprobably lie os unsuccessful nt
forts to mike the preccdlug report bullish
were.
The outsider. In the cotton market la each
dny more prone to do.his own thinking. He
Is better, able 'each ^day to do so.
. The floor- bears worked hard to make the
repoft'-seem hearts'll,- and n few men sold
a great deal of cotton juat after the
port came-in.
The revision turned out to be lust about
what was expected. The lowering of the
lowest .grade one-half cent was about what
the most active advocator of revision had
been cbntendlng for.
t The fitibllc has commenced lo buy cotton.
JIow„.qpep It tuny care to enter Into the
market remains to lie seen, but Southern
buying orders have been more In evidence
durlug the last few days than at any ttuio
thla season.
The Memphis crowd which was short Is
said to have done a great deal of covering
bcford tim report oft -the strength of the
bad weather In that section.
The popular crop estlmnte now. seems to
be from 12.000,000 to 12.500,000 bales.
The bear* ace mod n bit disappointed with
the work of the revision committee. There
was a large number of members who wait
ed patiently until after, 6 o'clock to learu
the action' of the committee.
Edited by
* Joseph B. Lively
Mr. lively's twenty-fire
years* experience of ed
iting markets In Atlanta
and tb«* South ha* made
him n recognised au
thority In his specldlfy.
TIPS FLASHED.
From Wall Street.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
NAME OF STOCK.
Amalgamated Copper. .
Atlantic Coast l ine. . .
America* Sugar Ref. . .
Anaconda. .••€•••
American Locomotive.
do. preferred. . . .
Am. Smtltitg Itef. . .
do. preferred. . . .
Atchison
do. preferred. . . .
American Cotton Oil. .
\tn. Car Foundry. • .
laltlmore A Ohio. , .
Chesapeake tc Ohio. .
Colorado Fuel'A Iroo.
Central Leather. ...
do. preferred. . . •
J cago A Great ,W. .
cago. M. A fit P. .
Delaware A Hudson, .
Distiller’s Securities. .
Erie
do. preferred. • , •
General Electric. ... ,
Illinois Central
Am. Ice Securities. . .
Louisville A Nashville.
Mexican Central. . . .
Missouri Pacific. *.. •
NAME OF STOCK.
National Lend. . .
Northern Pacific. .
New York Central. ,
Norfolk A. Western
Pennsylvania, him
People’s Gaa.
Pressed Steel Car
do. preferred.
pacific Mall. .
Republic Steel
Rock Island. . • • • .
do. preferred. . • .
United States Rabbet.
da preferred. . . .
Southern Pacific. T *•.
Southern Railway. . .
do. preferred. . . .
Sloss-Sheffleld. . . .I.
Tebn. Coni A Iron. . .
Texas A Pacific
Union Pacific.
Western Union.
Wabash
do. preferred/
Wisconsin ^Central..
; do. preferred. .
’rfvnle Wlr^tO GIbert A Clay.
New York, N’rf^ 23.~MqrtfhiiII. Spader A
CoS' ‘•'fbdat’a market may kliow'an easier
toue during the early trading, but we ex
pected to follow, In some degree, the price
movement of recent past, find there Is
inurh evidence that accumulations of stock
recently in progress will not lie distributed,
Except upon some extreme advance lu the
market.”
Dow-Jones' summary: Americans In Lon
don heuvy, moktly below parity.
General London market dqll and rather In
clined to sag. '
Republic Steel declares regular 1*4 per
cent on preferred and 2 per cent back uiv,
blend ..
Great Northern ore certificates expected
to yield per cent In first year, rising
to nt least 9 per cent In ten years under
sibling scale of ore production.
Stated unofficially that Amalgamated
companies have sold their copper output-
up to the end of March nt 22c. t
Twelve industrial stocks decline .07 per
cent. 1 1
Twenty, active railroads decline 1.15 tier,
cent.
New York Financial Bureau: Information
Is very strongly bullish on Union ndM
ill anticipation of the fortlicwmtng--re
port, uud the stock should be bought on
all recessions for turns, at least. Its pres-,
cut support Is toward 187. - .. •>
Copper is held l»etween 113 and’Ha nt
present. ' - 1
Steel Is strongly Inuight toward 46, with
a temporary check toward 50. ' .*
The trend of Rock Island is still up
ward.
Reading’s pool refused the offerings nt 150,
SELLING AT START
Stocks Showed General L)&
dines All Through
the List.
ST! PAUL STRONG SP(W
Most.of.Early Business
by Three Prominent
. Brokers.
Total »tock i.le. tod., 7)3,700 »hare».
fNEW ,YORK,
Tha following Is tho range In cotton fu-
nfes In New York today;
Nov. . M , ,
Dec. . ,
Jan. . . u,
Feb. . . "
March. . . ,
TSa
THE WEATHER.
COCAI,"FORECA8T.
FOR ATLANTA AND VICINITY-Falr
tonight and Hnturday; no material chnuge
In temperature.
WEATHER CONDITIONS.
8POT COTTON MARKET.
Liverpool, spot cotton dull; middling up
land* f*.99d; sale* 5.000: American 4,600;
speculation nnd export 500; receipts 20.U00;
Orleans, firm nt 10 13-16c.
Augusta, firm at 1074c.
ItoNton. quiet at 10.90c.
Ilquaton, steady at 10 9 16c.
Mcnitdils. steady nt 10S»*.
Mobile, firm at lo»4c.
St. l/uil*, atetady nt 10%c.
Sarnntiah. quiet at 108*0.
Uharlcaton, firm at 10%c.
TODAY’8 PORT RECEIPTS.
The following table show* r«‘celpts at the
jw»rt* today, compared with the same day
During the past twenty-four hours there
- Wu a marked Increase In air-pres-
over the entire country. The center
of high area la now over Houtlt Dakota,
with It* crest extending from Montana
southeast to the Atlantic coast. As a re
sult.of this Inerenso In nlr pressure, fair
weather prevail*, except nt a few scat
tered station*.
llnln has fallen In New England nnd nt
n few stations In the southwest, while suow
tins fallen In North Dakota, Montaun nnd
Washington.
l*>wer temperatures prevail over '*
istern half of the “
...nithwest rise* of 1
green have occurred.
Minimum and Maximum Temperature*
and Rainfall.
Observations taken at 8 a. m., 75th meri
dian time.
Atlanta
Abilene.. .. .
Aiuarlllo
Asheville
Augusta
Birmingham.. .
Illsninrck
I to* ton
Buffalo..
rimrlc*toit. . .
Chicago
Cincinnati.. ..
Corpus Christ!.
Davenport.. ..
Dodge City. ..
E! I’nso
Fort Smith.. ..
t.iilvoMtoii
Havre
Huron
Jacksonville.. .
Kansan City.. .
Knoxville
Lander..
I.om Angeles.. .
Macon
Marquette.. . ,
Memphis
Meridian
Miles City
Mobile
Modena
Montgomery.. ..
Nashville
New Orleaus.. ..
New York
Norfolk.. .. ..
North l’latte.. ..
Omaha
Oswego
Palestine
Pittsburg
Portland, Maine.
Portland. Oreg..
Rapid City
St. lands
St. Paul
San Frit nd scu..
Savannah
Spokane ,
Tampa.. .. .. .
Taylor
Closed barely steady.
ill?
10.44110.37-42
10.15 10.13-15
10.2310.23-25
10.21 10.31-33
10.24 10.43 10.43-44
■■110.62 10.47-49
10.55 10.53-51
.10.67-69
10.61 10.61 62
10.18-24
10.03-04
10.13-14
10.21- 23
10.21- 32
10.36-38
10.42-48
10.46-48
10.50-51
LIVERPOOL:
range, 2 p. m., and dose, cothpart
yesterday's close. , ,
Futures opened easier.
Opening Previous
-Range.- 2 p.m. Close. Close,
Novemlter. .' .5,73 . -9M 5.79% 5.80 <
Nov.-Dec. . .6.60 -fi.62^ 6.62% 5.68 5.66
Dec.-Jan... ;M8 . 5.68% 5.63 6.62%
Jan.-Feb. . ■.5.56 -5,57% 5.57 5.61% 5.62',
Feb.-Mar. . .6.56% 5.B8% 5.68 5.62 6.68%
' 6.58% 5.62% 5.64 :
5.60 5.64 5.65%’
m, w . 62% 6.62 5.65% 5.67%
Jtine-JtiJy. -5.63 .... 5.67 5.09 -
July-Aug. . .5.64 -5.66 5.64% 5.69 5.70%
Closed Iat
S en.-.Mar. . .o.oavjt-a.t*
sr.-April.,..5.57 -6.6j
Anrll-May.*. .5.M%-&0
May-June. . .5.61 -5.6:
lrfegular.'
NEW ORLEANS.
iJffMSflfAJUBP co,b,a
;*
i
§
a
s
Jill
ii
Nor. . . . .
Dee
# n h v;::
MfiTch. . . .
April. . . .
May
June. . . .
July
10,84
10.46
10.68
io!63
10.64
10.76
10.89
io'32
10.33
i*0l46
10.68
110.68
10.68 10.68-69
10.62 10.61-62
10.68-70
10.72 10.72-73
10.79-81
10.84 10.84-85
10.91-93
...|10.97-98
unr"
10.36- 37
10.36- 37
10.43-44
10.49-50
10.56-58
10.60-61
10.67-69
10.73-74 J
Closed steady.
Central Is held between 130 and 133 for
the present.
Louisville ; aud .Nashville should be
Imtiglii rfind lipid. .Some stock Is met above
’49. with support toward 146..
Bull tips continue afloat ou Fuel,
professional* sell Ht. Paul still ou strong
hi. . „
Brooklyn Rapid Transit meets stock to-:
leticriuent Is likely.
Atchison is checked
above 103, with par
sugnr cheek has not yet been
! support of good character.
THE COFFEE MARKET.
NOTES ON GRAIN.
* Pointers! on Provisions.
Private Wire to GIbert & Clay.
Chicago, Nov. 23.—Look for higher prices
In wheat.
Think corn Is a purchase. 1
Prospects for Increased movement In
hoga cunsed weak • opening In provisions.
Helling was scattered; best buying was by
packers.
, Chicago Evening Post: Kansas City, man
wired to Pringle, Fitch A Rankin: “Lo
gan Grain Company tells n»e they know
of some No. 2 hard Nebraska whent s Just
Hold at 73c to utlllors; private-terms, and
WU1 probably *not;bo. qm%U«n nish niaV-
kgt. Ohio, Ililums. nnd - -Minnesota mills
huve iMtught and are buying Wheat now
Carroll, Iowa, wlrwl^to Arthur-I^a*k:
’The big run of oats from Iowa practically
oyer. The sales by growers will be of a
peddling nature from. now.pn fti SpnjQ.Qrlh,
Nt(H-ks held by dealers, but will be carried
until spring. Run of corn In December
Will, be much smaller than umny suppose,
farmers behind time ’ gathering/corn ac
count, of, scarcity of help r and some bad
weather.” , \.
The Minneapolis Market Record has re-
cel ved reports showing u .great falling off-
in production # of wheat from tttdt of thb’
previous year.* The decrease- WHS not so
much Id yhf total of all wheat'ah it waa
Ih the tithT f of milling wheat, a^wlug tb
greatly increased acreage and yield of
durum wheat, which Is pdt milled to any
great extent ln>tills cqttntry. J
MinnfqiHill* message rends: , “An eleva
tor* company, bdre whlciuoperatea twenty-
two houses In the northern half of North
Dakota Is out with a statement showing
75 per cent of wheat In that territory has
left farmers’ hands.”
WHEAT OPENED
A SHADE HIGHER
Cables Were a Little Better
Thau Expected and North
. tfest'Receipts Light.
QIBERT & CLAY’S
DAILY COTTON LETTER
Below sen).
T indicate* trace of rain or snow.
J. p. haubfry.
iAvUm Director.
tSE ALABAMA 6T
GIBERT & CLAY
•TOCKt. BONOS.
COTTON. CRAIN.
COFFEE, PROVISIONS
MEMBERS:
| New Orleans Cotton Exchange.
ATLANTA. CA
market affairs than exists lu the-
centers, final prices lu the more active
months closing 14f2 point* sport, while
spot sales were disappointing, only 5,000
IhiIos being sold and at a loss In quota
tions of 8 point*. Today's trading wns to
a large extent characterised by nn ab
sence of seller*, which condition wns In
n measure attributable to the putting
through of numerous straddles Imtwecn
the local and eastern murkets. The sup-
porting end lielng here nnturnlly caused
decided nneiislueH* In the ranks of the
more mntured shorts, and by their cov
ering aided materially In the Improvement
that occurred, interest now Is centered In
the nutlrlpntod development* of Monday,
next, the first notice day for December.
The strength of the spot situation, and the
known undesirable character of grade*
make* the |Hi*ltlon of longs not In all re
spect* enviable. Undoubtedly, cotton to
n considerable ‘amount will be offered on
(‘ontrncts, and the one snlvntlou that at
the moment appears for holders of con
tracts Is the practical even running prices
I s*t ween December nnd the following
mouth, and the probability that unless
low grades are acceptable for luimedlhto
requirements, considerable transferring will
lie indulged In. lu a general way It Is
as safe to assume that purchases ou breaks
will result as profituhfy its sales ou un
mistakable improvement*.
L. J. ANDER80N A CO’S
DAILY COTTON LETTER.
New York. Nov. 23.—The New York
market continued Its decline ou the opeu-
Ing this morning lu the face of a rather
1 letter l.lverpol than expected. Indicating
the authority of the powers-that-be over
the trend of price*. After the opening,
however, it seemed to lie the unittiliuouN
opinion of the local crowd that prices hud
gone low enough for the time being, hence
they covered their shorts and weut long
for a turn, the I tetter buying causing u
steady upturn during the morning. . The
trade In general scorns to be ns much
at *ca concerning the outlook now as tic-
fore the ginning re|H*rt. but the consen
sus of opinion np|H>ars- to l»e that the re
port represented lietwecn 79 and 75 per
cent of the crop. If the former, the yield
will be 12,187,143 bale*, nml If the hitter
11,374.667. It seem* Impossible to figure
anything bearish lu this in view of the
conceded consumption, without assuming n
very much smaller percentage ns ginned
to November 14 than Hie average. The
nearer we approach the final figures, the
more certain it becomes that 12.w),03U will
not miss It far. hence cotton nt present
price* scemfr.uhwap to u*, lu view of the
situation.
Chicago, Nov; 23.—Dower-priceo, wore
the'order of the day In all grain pits on
'change today. Wheat closed l*8c low
er/ com and oats were each off 1-8^
1 -it find’ provisions were a shade- low
er.
The fact that the'harvesting, of wheat
has commenced In the northern portion
of Argentina, and that the shipments
from there are on the increase, caused
rather liberal selling of-, this cereal,
while thei volume o^ Jrade was still
small,In the bom market; oats were
adtlve ahd; provisions were active also.
There was more doing In wheat. Cash
transactions Included 10 loads wheat, 5;
loads corn and 100,000 bushels oats at
the seaboard and 30,000 wheat, 50,000
bushels corn and 109,000 bushels oats-
here.
Primary wheat receipts 814,000 bush
els and corn 365.000 bushels, against
1,169,625 and 701,000 bushels, respect
ively, a year ago.
Clearances for the day were 351,500
bushels wheat, 4,000 bushels corn and
2.000 bushels oats. *For the week,
4,000,000 bushels wheat and 600,000
bushels corn. ,
A week ago they were 3,742,000 and
1.229.000 bushels, respectively, and a
year ago they were 3,300,000 and 1,000,-
000.
CHICAGO GRAIN MARKET
Chicago grain and provision quotation*
for today follow;
Frevloaa
Open. High, Low, Close. Close.
WHEAT—
Dee.... 73% 73% 7.1 7SU 7SU
TRADE REVISION
UNSATISFACTORY
New York, Noy.. 23.—The 8un says:
“Prices declined sharply yesterday. To tl»e
great disappointment^ of those who think
that the revision of the differences between
grades should have been more radical, low
middling Is still rklued In the schedule
a* only-50-point* below middling, where
on nt New Orleans, Galveston. Houston,
Memphis, Mnvannuli and Mobile It I* 100 to
137 points lielOw middling, so that under
ordinary circumstances the low graQe*. It
would* seem, must be attracted to. New
\ork.vt This action In regard to revision
undoubtedly had a depressing effect. Fur
thermore, the weather lit* the HoutU was
In’ the main clear. Liverpool showed de-
prcMs/on,* qnd the estimates for. New Or
leans nml Houstoh for today are large.
Liverpool sold here, nnd some lending lo
cal operators uttneked the market with
eousldsralde success. Later on came n
temporary rally, ©tying to covering by ear
ly sellers, who. to all appearances, made n
quick foray on the market and covered
on thq, break. Moreover; ’ Wall street tvns
__ spo
Is hehl by very, mnny that regardless of
iflvlsldu. or. nqythlng else! the- market Is
UMGpfft to reach fllgher prices o| the
•treugfll of» whatithty regard ns: the facts
of supply and Oeinrfnd. Heavy losses have
been sustained itt the
.spldvfo' the. mins 6n
low- price*, md who m
Now York, Nov. 23.—The market opened
iteody. «t unchanged prices to n decline
>f 6 points,.owing to rather disappointing
fables, and during. tne r early session show-
*d the influence of continued llquiddtloii
»y nearby^ longs. Mnny^ traders^ wcre^dla-
support prices,
bull Is always.
renciy lo uuy ns enenpiy as possible, and
It niusi be recognised that during this In-,
slstont liquidation of the past few weeks
thertf has l»een a demand of some charac
ter. There wns some further switching
from nAir to late positions, included lu
the sale* of 41,000 bags reported during the
first half of the session. Brasilian re-
felpll ware about the same as recently.
Sim to* wns 50 rels lower and Rio ’ un
changed with the exchange rate l-32d high
er.—GIbert & Clay.
The following table give* the opening
range and close In the New York coffee
market today:
Opening >
Range. ’» Clofe.
.. ..6.06-6.15 6.00-6.06
... ....6.15-6.25 6.10-6.15
.. ..6.30 6.20-6.25.
....u6^5-€;4;) ,6.30^.35
‘.j. .'.6.43 ;
January..
Felirnary..
March... 7
.lube.. .7 .
July
August... ..
September. .
Octolier...* ..
November... .
December.**
Closed firm.
.. ..6.70
7. ..6.75-6.80
„ ,•...6,80-6.90
5.96-6.05
6.09-6.05
6.40-6.45
Ofla-6.55
6.55-6:60
6.60-6.70
6.70-6.75
6,75-6.80
New 'York. • Nqv;- 23.->rotlrtys m.
tinned In tl}e *.uiie uneasy, fryer
uert and- showed the ,’sainc divei
speculative opinion ngjhas been nSRn
the week. Real buying hud selling i
.td lie' alike at' n miubmim. It \v»
ply another case of r|taj r bodle* of ,, roff .|
slonnl operators working agaln-tB "
otUeUs-pnsltIon*' Neiflier abroad i
tiome were there any ‘developmf •
lifted' tb :Influence Wail jftrect ^-ntiinent'l
.The^ banks again gnlhofl through np 1
tlons'at’tKfe sub-treasury, and cap
with -a .maximum of 6% per cent
as compared With what It was at
set of the week. -NeverthH.
doubt, continued as to what toniorm*'.!
bank returns, would show-, and the
tat Ion .based on the course of theHM
market for the - last few day* was tbi t |
loans would Increase-enough to
balance the Indicated gain In
opene/1 at about reattnlny'
urns, rallied a trifle, Bnd then fi ll agnif
At '.noon the regularly active, issues
There was iniprcssfVp;(.selling
stocks nt the opening and during the fT|3
hour. Delaware and Hudson, which <■
ex-dlvdend of 1% per cent nt 31. <i
to * 228%, nud Dniiui Pacific after
sales nt 189%. declined /to
Northern declined 2 points to ?3, and I'a’.l
dfle Mall' reacted 1 point to 39%. St. p 8! B
again noted lu opposition to the rest e,
the'market. It wns the weakest stock m
terday. nud strongest stock tmlav. A lai
part of the first hour's .busln
three prom Incut room trader*,
to. liave tbii control of. the market Left
In their hand*. Ixmdoti did very little, MI-1
lug alHiut 150,000 shares.
Government Imnds were unchanged.
Other bonds steady.
WARE & LELAND DISSOLVED, j
.New York, Nov. 23.—The Chicago I
of trade firm of Ware A Lein ml has U a |
dissolved, Frank J. Fahey retiring,
business will be continued by the re
lug partners under the same firm natu
LONDON 8TOCK MARKET. ,
, i«L
STOCKS-Op n[Clo«;eiui I
Today. Tom or.
;y
South by those wbo v
»
«»S
May 43%
July 44%
OAT8-
Dee 33% 334i
May 35% m
' ily 32% 33
PORK-
Jnn.... 14.55 14.57‘d
May... 14.82% 14.85
LAUD—
Nov.... 9^07%
Dee... 8
Jan.... 8
HIDES
Jan.... 7.72%
St!
32%
14.47%
14.72%
77*?
at
44
m
07% 9.12% 9.07% 9.07%
60 8.62% 8.57% S.62%
.45 8.47% 8.40 8.42%
r 7.70 7.65 7.70 7.72V
May.. 7.82% 7.82% .7.77% 7.82% 7.85
GASH WHEAT-
Nq, '2 red 74MJ75: No. 8 do 74ff?4%; No
2 hard winter 744T76; No. 3 do 72674%.
NORTHWE8T CARS,
week and last year:
Last Last
Today. Week. Year.
THE LIVERPOOL GRAIN MARKET.
lower; ciubcu a i dikikt.
Corn—Opeiu««l uiiehnugiHl; at 1:30 p.
higher; closed % higher.
have
...rtjf .1* J «h; ...
now Anil It Impniwlblp:
«•« •«' U ijiruiiiiii*. Not a - frw buyers
the Houtnf it Is stated, hnve ia>en
obliged to ‘lay down' on such engagements,
leaving the spinner to shift for himself.
Rears here hnve received n severe check
In the Inst month, and if the bulls are
right In their premises, the logical con
clusion Is that they are going to get fur
ther severe cheeks. Yesterday, however,
the pressure was on the selling side.”
New Orleans. Nov, 23.—The Times Dem
ocrat says: “Sober reflection over night
brought the extremists nearer common
ground. I»oth fnctlons admitting the fallacy
of gauging current statistics by outgrown
standard*. Consequently, big cron men
recognized genuine, logic In attributing nt
least n portion of the recent record, gin
nlngs to the augmented capacity of lm
proved ceutrnllxod gins, while sumll croj
men admitted error In banking on a run
iwny market in the absence of far-reoch
ng speculative support. Bnslcally, tin
cotton market Is lu a strong position by
reason of the constantly expanding actual
cotton requirement, n fact which the In
terlor Is taking ndvnutnge of (a an Intel
llgent manner. The ultimate supply from
the growth of 1906 may lie 12,000.000 or 13,-
SOUTHERN JXCHANGE
Oldest E«tabll*hed Office South.
COTTOH STOCKS BONOS GRIM
Ground Floor Oruld 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 1^17. PRUDENTIAL BLDG j j
“COTTON SEED OIL.
New Orleana Btoek Exchange.
_ New Orleans Board of Trade.
IVATR WIRES. TO ALL EXCHANGES.
Local and Long Distance Ttlophone 5298. C. E. KEPLINGER, Manager.
ALONZO RICHARDSON & CO.,
PUBLIC ACCOUNTANTS
AND AUDITORS
Empire Building. Bell Phone, Main 8b& .
ATLANTA. GEORGIA.
Following were the opening and doting
prices on cotton heed oil today:
Opening. Closing.
November ; 40 4*42 40'641%
December 36%*i37 36%d3?%
January. . * • .
February. . ... .
March
May
t’luscd Steady^
INTERIOR RECEIPTS.
The following tatde shows receipt* n: the ;
interior town* today, compared with the 1
same day last year: %
CHICAGO CAR LOTS.
Below Is given receipts today nnd esti
mated receipt* for tomonw:
' 4 ! * ‘ T
•Wheat. i , __ _ „
J.’oru. . 213 : ■ 169
Oats. ... r164 • 161
Hogs. v . . Vk . ... . . 18000 22000
PRIMARY MOVEMENT.
The following figures give the primary;
movement of wheat nml corn:
Wheat—Receipts today 811.000 bushels;
last week 911,000 bushel*, against 1,170,000
bushels last year. Shipments today 406.000
bushels; last week 224,000 bushels, against
485.000 bushels Inst year.
Corn—Receipts Unlay 366.000 bushels; last
week 434,000 bushels, against 701.000 bushels
Inst yenr: shipment* today 337,000 bushels;
last week 303.000 bushels, against 478,000
bushels lost yenr.
Anaconda..,.. ..
Amalgamated. L’ppper... v
Atchison
do, preferred
Baltimore and Ohio...
Chesapeake and Ohio. .
! Great Western
Canadian Pacific'.. ..
Denver and Rio (Iratide
Erie .
fldp^lfcfeerfd".;. •• 76% ^4 7fi|
lniimii.Oi-Htmi.. J-it«>.i;«>.issl
WrtaBar^/j.:. i
Louisville and Nashville. . . 1
-Mexican CeutraL. ...
NoVfolk and Western..
Nqrtji^rn I’ltclfle.;. ..
. 279 |2?j ;.?• I
\Wmii4
.....: 102 .
120
• »4 %j.
. 18
. tmfin%.iv‘,t
40V....." 1
•44% 44*,
■
demand, n question which did not force
Wednesday's market up or Thursday's
market down, plus the prospective size
of the protective surplusage. New York’s
compromise revision of spot grade differ
ences, the undoing of - straddles between
the Americau ring*, liquidation of scalpers'
long interest thrown over when the pub
lic held aloof, the promised return of good
weather nml the persistently exploited ru
mor of Euroiieaii cancellations, the latter
of no
further selling nt New fork and u quite
natural easing of the teuslon In the spot
market alter the streiiuousness of the re
cent past. Bin Heal declines, however, are
not looked for by conservative folk."
„„:e
Ontario and Western. ••
Pennsylvania
Rending .
Rock Island
Houthem Railway
do, preferred
Southern Pacific
Ht. Paul..
I’nlon Pacific.. .. .. ..
United States Steel.. ..
do, preferred
Wabash
do, preferred
139% i:r*' s \z\m
149V149 laf
31*,!
. . 94%
isp, n r
I89%|IV' 1
.1105% K.
THE CUGAR MARKET.
London beets easier.
WEATHER FORECAST.
Georgia—Fair Friday, colder In the
oast portion; Saturday fnlr. light
liuls. . ,
Louisiana. West Florida nud
Fair Friday and Hatordny; light t<>
uortbeast winds.
Mississippi—Fair Friday: warmer
arth nortlou; Saturday fnlr, light
cast winds.
East Texas—Fair Friday nud SatnnwL
Arkansas—Fair Friday and snturdaj.
the AMERICAN AUDIT COMPANY
Horae Office, 100 Broadway, New York City.
F. W. LAFERENTZ, C. P. A., President.
C. E. Manwaring, Vice President, Theo. Cocheu, Jr., C. P. A., Sec. and Treat I
BRANCHES: I
BORTOV 1B p~w- 0rf u A !.^. r,B - ATLANTA—Fourth Nat l .Rank Bid,
VAMrawm^M B 2 lldl £ g ;... CHICAGO—Marquette Building. ^
NEW H OR?Piv-r C 2 orado ®'! ' dln8 - PHILADELPHIA—BelleveeStarttnri
NLW ORLEANS—Hennen Building. SAN FRANCISCO—Belden Building
LONDON, ENGLAND—4 King Street, Cheapalde.
ATLANTA BRANCH 1015*18 Fourth National Bank Building.
0. B. BID WELL, Resident Manager.
Telephone, Main 872. Cab|e Addre „, Admlt ». Y, I
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.
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 Anvil:
m you to call and inspect them. . 1
Title Guarantee and Trust Co.
Ilonsf.HI.
Augusta.
Memphis.
■ -.■ ?.
Frock Hawkins. President ...
n. If. Atkinson. V. P. ThammaC. Erwin. AH. raaklrr.
Joseph A. McCord, CsiMer. R. W.. ffyrra. Asst. Cashier.
Third National Bank
Capital
Surplus
Dr. X. W.. Centime.
Milton Datca,.
Joke W. Grant.
$200,000.00.
$300,000.00.
•.DIRECTORS:
Frank HawklAaL.'*
II. M; Atkin*s&
Joseph A. Mr^rd.
J. II., Nunnally.
J. Carroll t*nyno.
K. B, Rossrr. ,
Ibivlil Woodward. ’
WM. L. PEEL. I'rnld.cr.
ROBERT P. MADDOX, VI« PrMld.et
THOMAS J. PEEPLES, .
JAMES G. LESTJCH, A„l,:»rt i t'* "' , |
JA8. P. WINDSOR. A,»I,t«nt <„W*'
MAPDOX-RDCKER BASKING COMPANY,
CAPITAL $200,000.00
SURPLUS AND PROFITS . . $500,000.00
, Accounts, small as well as large, invited.
_ .***' Per cent interest paid and compounded seme
! in our Savings Denttrwnr