The Atlanta Georgian. (Atlanta, GA.) 1906-1907, November 23, 1906, Image 12

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j 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