The Atlanta Georgian. (Atlanta, GA.) 1906-1907, November 26, 1906, Image 10

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THE ATLANTA GEORGIAN. MONDAY, NOVEMBER X. 190«. BULLS IN COTTON HAVE AN INNING Producer Holds the Whip Hand and Can Dictate the Price. SPOT DEMAND URGENT Best GHides Scarce and Do Not Show on the Sam ple Tables. Private Wire to Gibert * Clay. New York. Not. 26.—Liverpool nt 12:30 p. in. 1 point down on ocar^aud unchanged distant months. Watt expected 2 to 4 Nordcn Idd 10.__ Journal of t'ommerce: “The desire of the large Helling house* to hold buyer* steady during the coming few weeks la B ’owing stronger and more wldespn uslnes*. has Lee * * steadily »nd sell ing ngents are disposed to discourage the buyer*, who continue to press them to pt further orders for deliveries extend ing months luto next year. That the us ers of good* who lire not alrendy covered for their needs for January and February •ompelled to pay higher prices Is gen erally believed In the trade, but there Is Wish on the part of selling agents to raise prices to a, point where the move ment of goods will be lessened at the opeulng of spring jobbing season.” New Orleans, Not. 26.—Liverpool at |M»lnts up ; due 7 New York. Nov. 26.—The cotton mar ket opened with a surprising show of strength In view of the poor cables. On the call there was very little cotton for sale, and the demand from commission houses forced prices up,rapidly. Later a quick drop followed on' some rather heavy selling for profits by pit traders, but later a second up-turn occurred that ran the list 13 points above Satur day's dost*. • Liverpool .was slightly disappointing this morning nt the opening, the near months being I point lower while the distant were unchanged. An ‘advance of 2 to 4 points was due, . In the later trading de- 'Jiled strength developed, the close being very steady. Following la the months f ln IJYerpool In the active Low. to^ny. Oped. High. November,Y.»» 5.87 5.93 Janimry^Fobniary .■&?! 5.76 5.68% March April.. .. 5.71% 5.78 5.70 Msy-June.. .. .6.76 5.81 5.74 • In -the' spot department middling was marked down 1 point to 6.08 , on sales of only 5.000 jbnles. Tno nears were evidently-disappointed at the strength shown nfthe ppenlng In New York. The trnde 'hud figured out that Initial.prices In New York should show 8 points decline to respond to Liverpool's showing, but the weakness In that market was Ignored, New Y'ork starting 3 points lower at 10:30, the balance of the list being quoted soma 8 to 9 points lip. , After the first call nnd up to midday covering nnd some good buying carried prices sharply upward. * Influences for the present ndvnnce are given by the Tlmes-Heuiocrnt In Its revlow of Saturday's market, ns follows: Yesterday's cotton market again ^r from __ growth of 1906 ha*'subsided, crop views generally have been modified to an Im portant exteut. belief In a . monster re quirement for the season has grown rapidly, while the loeal discount of the December contract of 25 points under the value of middling spot* “ "* * advantage of jlist that much, seeming advantage Is given the contraet ••long.” Mo strenuous, however. Is the de mand for the I letter grade* ns compared with the eurrefit requirement for low grades 1 h:it iietuiit cotton folk assert their willing- ness toneeent all eotton tendered nnd event ually retemfer the low grndes on the basis of existing official differences, thus appar ently proving the relative correctness of • - ■ --.j-nui,. spot values under the cut lo sr; i Inquiry for good cotton Is developing In unexpected volume nnd lu unexpected places. Many nil American spinner. It Is now asserted, Is “short” of the actual stuff vary large order* are now cora- market. ... the market Is decidedly upward Stod has direct hearing upon ex cellent spot business and the less bearish Influence of statistic*. Whnt the ultimate RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAME OF STOCK. Coast Line. Americas Sugar Ref. . Anaconda - • American LocomotlTa. do. preferred. 137V? Am. gnifcltiog ltef. do. preferred. • Atchison. . . . - - do. preferred. The following wire from the chief of the bureau of statistics has been .received by, our-exchange: “Quantitative estimate of cotton crop will. be made December 10 following report of eottop ginned 4 by the census, bureau to be made on Decem ber i 8." 1 Yazoo City, Miss., wires: “Saw 45 miles of cotton land yesterday'and only about four bales ‘to be picked. Will get much less than Inst year." conditions east o? the falsslsslpnl river. * itivtfly low Clear, dry weather with coinpara . ... temperatures prevails. . ... *„ Western forecast Indicates cloudy weath er. wUh probable shower# in Louisiana nud Arkansan and dealt, weather .with lower temperature* for the balance Iwtb tonight and Tuesday.- The eastern forecast Indicate* partly cloudy,With colder weather for Mississippi tonight and'tomorrow. CROP TRIFLE UNDER 12,000,000 BALEH President Walter Clarke of the Mississippi Cotton ’Association, lb a special-to the New Orleans - Times-Democrat, under dqte of November 24. estimates the 1906-07 cotton cron nt 11,964,525 bales. He says: “The amount of cotton ginned, us shown by the census report, in my opinion. Is ex tremely bullish, and precludes every Idea of a bumper yield. Almost all of the *ldg' Brooklyn Rapid T. . .- Canadian Pacific. . • . Chicago * Nortbw o. . Chesapeake * Ohio. . Colorado Fool k ltoo. Central Leather. . . . do. preferred. . . . Chicago k Great W. . ware * Hudson. , Distiller's Securities. Erl#. . Erie. do. preferred. • . . General Electric. . • . Illinois Central. .... Am. Ice Securities. . . Louisville k Nashville. Mexican Central. • . . Missouri Pacific. . . . 153% 116 101% sxt 137 116 101 226% ras NAME OF 8T0CK. N. ¥., Ont. k Western. National Letd Northern Pacific. . . . , New York Central. . . Norfolk - k Western. . Pennsylvania People's Gas. Pacific MsiL . . . Reading Republic Steel. . do. preferred. . . filosa-Sheffleld. . . . Tenn. Coal k Iron. . Texas k Padfie. . .. Union Pacific. , . United States Stoat do. preferred. Western Union. Wabash do. preferred. Private Wire to Giber t & Cl ay. . New York. Nov. 26.—Marshall, Spader & Co.: Morning reviews of the market are for the most part devoted to explanations of reasons for lack of speculative Interest, rather than encouragement to operators looking to an advance. Nearly all Influ ences are discussed, namely: Increased wage scale, prevailing high money rates, continued extraordinary demand for crop moving funds, and necessities of. railroads for new capital. The etilurged interest In mining speculation Is also the cause of some STOCKS SHDTO AT ii concern, ami Is merged with other consid erations against a wider support to the security list. . . • , We learn on good authority that Pulou Pacific annual report will be made , public either tonight The Tone Was Strong Through First Hour 0 f . the Session. __ tomorrow morning, and that the figures will show net earning* tiu- der 19 per cent aggregate for traffic and in vestment return*, lu view of the fact that exportation* have rouged from 20 to 21 •ent, the report may prove disappoint ' Dow-Joues' summary: Americans In Lon don firm, mostly above parity. Loudon settlement begins tomorrow. Fewer bauks report less than 25 per cent reserve than for some week*. The surplus In bank statement smallest at this time for eight years. High price* ot are checking steel couBurn Financial Bureau: Harriinnit buying Is taking place In Union Pacific and South* 1 Uriel fie on the reaction, and we Itelleve tb they lie lrnught. Total stock sales today 812,200 shares. NEW YORK. S*OT. the Mouth have l*een against the ‘market.’ and have made every effort to force the price below 9 cents. These efforts hove been systematic and concentrated, uttd .vet the spot demand has time and again put storlea to flight. One cent per |»ound on the cotton crop of MisfllHHlppI means 17.000,000 to the ntate, aud every interest in the state should do everything possible to secure for our staple crop it* fullest value; and remember that, according to the ceitau* reports, 66 per ce of our crop I* paid for with foreign gold. “The |ier cent of the crop of 1903 ginned 9 November 14 was 69.4. “The l»er cent of the erop of 1901 ginned on November 14 wsi 72.8. “The per cent of the crop of 1905 ginned on November 14 was 71.3. “Take the average for the three year* nnd we have 71.16. Apply this to 8,G:U,486, the ninouut now shown, and yon have an indicated yield of 11,198.113. Apply this re- rt In detnll to the various state* with the erage per cent ginned IK, November 14, and we have the foflowlug In dicated figure* for the cotton-producing state Amount Three Indicated effect the ... maud. Iieml situation, •listen. Tex., wired ..... Idd 11 edits for evei leftvery In 1 the strength of tla hnv e*t off** far “We have to. i for even running mlddlhuj iiiston by January 15 iintl Now Shown. Averai Alabama 834,870 Arkansas 458.452 Florida 42,831 Georgia .1.190.627 Indian Territory... 238,242 Kentucky 835 Louisiana 539,721 SET 66.06 i.43 demand lu .... From most other Texas points came the Information .that while the Unfits hnd been raised nll*nfoug the line, very little cotton could be picked tip. 1IVM latam'd experts who hare recently visited the Atlantle states reported denn ed up fields and express'd the belief thnt yield expeetatlon* lii thnt section would not be realised, Comparative receipts nt nil United States ports: Net receipt* today ,....62.729 Maine day Hi*t year 54.725 Increase ,, 8,004 Total receipts for two day* 111.870 Same day* laat year 97.574 Increase 14,296 Total receipts Mince September 1....4,015,090 Manic time ln*t year increase list limited tomorrow: 3,793,160 221,932 1906. 1905 New Orleans .16,000 to 18,000 20.303 Galveston 27.000 to 31.000 26,236 Houston 25,000 to 30,000 21,604 Movement nt Atlanta: Net receipts today 2.259 Marne day last year 8T>7- irrea .....1,402 1.860 # ...1,084 15.345 11.462 3.883 Increase . After midday trading was active strong tone prevailing and n steady al vaqce all through the ||*L The trade was treated to an old time bull movement though the upward movement was appur offei ntiprtc Then few minute* . .... „ m n protulueiit firm, though the close was very steady only slightly above the highest olnt of the day net 17 to 46 point* up, the latter for Novemlxsr. SPOT COTTON MARKET. Liverpool spot cotton dull nnd barely steady. Middling upland 6.0sd: sales 5,000 Ament-mi 4.5»*>. Speeiilatlou and export 560. Receipt* 27.AM. Aliierb’an SI.Sill). Atlanta steady at 11c. New York steady at 11.40. New Orleans firm nt 113 16. Houston steady at 10 13 16. ton firm «» It.29. Baltimore nominal at 11c. Aiempius mu- al lo:t 4. Wilmington firm n» ’0 3-v. Galveston firm at 10%. Norfolk firm at 1**’ eady THE SUGAR MARKET. Mississippi 789,484 Missouri 23.091 North Uarollua 383,356 nklalioum 243.338 Mouth (‘a roll ns.... 5421,376 Tennessee 142,970 Texas 2,932,688 Virginia 7.576 78.90 59.43 42.43 58.66 56.13 73.56 79.13 64.33 Indicated total yield for 1906 11,964,525 ‘•Before this report was Issued I estimated the total yield at 12,902,000. I am now con vinced, taking the giutdug report us the basis, that the per cent of this crop ginned up to and Including November 14. Is much grenter than the average for the pant three year*. 1 expect this snme ‘hear element, having failed In depressing the price to the desired low point, to noon turn bull nud endeavor to raise the price beyond n safe level. •*l want to congratulate the people of Mississippi on the conservative uinuucr lu which they have thus fnr marketed the present crop, nnd hope they will continue to sell some cotton ns the market advances. “The recent storm did more damage lu proportion to the amount of cotton In the hem than the storm of Mcptcmher 26 to Oc tober 4. The freight congestion, nlxiut which so much Is said, I* simply ‘bear dope;’ cotton lias been moved by the rail road a with greater dispatch than for the past three years. « “We hold the whip hand, and now lei’s use It wisely." TODAY’S PORT RECEIPTS. The following table nIiowm receipts nt the interior towns today, compared with the same day last year: 1*0. 1901 NVw Orl**aua. Galvnntoil. MoblU* Navanmih riuiiioaton Wilmington Norfolk Boston 1’htladolphln Fort Arthur. ..... Sablno Fu*« 15766 27141 4423 6082 1093 2396 569:*. 86 GO §PP§P S 1 E Total «T3 54725 INTERIOR RECEIPTS. The following table show* receipt* at the Interior town* today, compared with the •ante day laat year: 1906 1906 Houston Augusta . . Memphis J<t. Loills Cincinnati 16417 2818 13366 485*9 334 1.3155 1637 .8330 1074 Total. ........ 37384 24396 ! Dee. Jan. Fell. March. April. . May.. . Closed very steady. 10.82 lo.su S 10.37 10.36-38 10.51 10.60-61 ^■10.68-60 10.70 10.69-70 ■■10.80-81 10.80110.84-86 10.87110.86-87 TT !".:<! .'S 10.19-20 10.30-32 10.38-40 10.50 10.54-56 LIVERPOOL. .The following figures give the opening lay*# -close. amj close, compared with November.. Nov.-Dec.. Dee.-Jan. tied e*sler. inontng Rar“ nge. 2 p. m. Close. Close. .5.87 -5.86% .5.i4 -5.73 MS! .5.70 -5.69 5.70 _ 6,7ft Jan.-Feb. . ..5.71 -5.68% 5.70 Feb.-March. .6.72 -5.70% .... Msrcli-April..B.7l%-5.70% 5.71 .6.74 -5.72 Mny-Jutie. . .5.76 *5.74 June-July. . .3.77 -5.76 — July-August.^.79 -5.77% 5.78 Closed very steady. V '> • J 1 1 IS | n Nov Dec Jan Feb. March. . . . April. . . . June July Vo’ii 10.74 iasi 11.00 10.10 i’r.os io.96 10.98 n.oa ii."» UM ii!o9 ioii 10.72 ibiso 11.00 10.98 ii!o9 10.92 19J6 ‘arc 11.00 11.21 ii’.w 11.04 10.91-92 10.94-95 11.01-03 11.05-06 11.12-14 11.1920 11.26-28 11.32-34 10.76 10.66-67 10.69-70 10.76-78 10.79-80 10.86-88 10.92-94 10.00-01 10.06-07 NOTES ON GRAIN. Pointers on Provisions. Private Wire to albert * Clay. Chicago, Nov. 26.—Wheat opened easier, with considerable December cm sale lu small lots. This wheat market 1* doing well In face of prospective December liquidation. Wheat- bears tell IIS It Is going to give ii* inueli lower prlee*. Primary receipts and Whip ments are the tlilugs to watch, and they are very bullish. The deinand for provisions appears to mine from scattered short* who expected * break In price* at opening. If ......r.l .11...... I.f • \»v. .Chicago Record Hern Id: Watson wired Wrenn from Minneapolis: “The flour out put bv Minneapolis mills from September 1 to date Ih I,o00,0j0 barrel.* less tnnn for same time last year. The high premiums maintained for cash wheat has cut our flour tinde to small proportions, permitting ‘ supply demand*, Inter wheat miller* they selling more cheaply, Argentina till* week shipped 1.184.000 " *’42,000 corn and 382.000, bushels of wheat. - -- — , mi II niiu flax, compared with ln*t year 1.632.000 Wheat, 2.226.000 corn and 568,000 flax. Her wheat vAlble Is now 880,004), corn 2.194,000, compared with last year 1,912.000 bushel* of wheat anil 2.576.000 corn. She reports S cot! home demand for wheat, with-,! vain from the country larger, demand t_ corn fair, arrival* not ao large, quality of from Kansas City wn* out of condition nud unfit for milling, having been damaged in nliock. , Omaha wired: “Mlniic buy wheat here nt the largest premiums over your December on the crop. Wheat shipment* from Argentina kIiicc January 1 aggregate 87,740,000 bushels, lost ye/tr Hi4.3JS.0fb; corn, K,94i.OOO, compared with 80.240,000 n year ago; flaxseed, 20,127,- l a*.iiintlitf o.uqs nil ‘ooo T 86l'S: JhoA jsw| ‘ooo THE LIVERPOOL GRAIN MARKET. Wheat opened unchanged; 1:3.) p. ni., lower: i ioied % lower to % higher. Corn opened unchanged; l:3o blRlier; clo dosed *4 higher. CHICAGO CAR LOTS. Itelow It given receipts today and estl- L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Corrupondeit’s Capital $250,000 RErcaiNCC. THE NEAL BANK PHONE 1417. PRUDENTIAL BLOC SHOT EASIER; LATER FIRMED UP Shorts and Commission Houses BuyerA.of DWmber Wheat the -Factors.*: Chicago, Nov. 26.—The wheat market was unsettled. It closed I-8c higher, com l-4#3-4c, onta l-8<frl-4o and pro visions 2 1-2&17 l-2c higher. There were Increases in the visible supply of 2,275,000 bushels wheat, 120,- 000 bushels 1 corn and 1,414,000 bushels oata for the week. Duluth wheat stocks decrease^ 49.000 bushels, the expectation being that Duluth would show an Increase, but the plentiful and cheap supply or ves sel room there made the situation dif ferent. This grain appeared In the In crease on the lakes. Primary receipts wheat 1,152,184 bushels nnd corn 391,000 bushels, com pared with 1,745,000 and 891,000 bush els, respectively, a year ago. Clearances for the day were large, at 1.051.000 bushels wheat, 541,000 bushels corn and 7,500 oats. Cash transactions included two loads wheat, three loads corn and 70,000 bushels »nts nt the senhpnrt); bushels wheat, 25,000 bushels corn and 100.000 bushels oats at Chicago. PRIMARY MOVEMENT. Tbo following figure* give the primary l«it"week T,2t>4.0bO bushels’ lignlrist ’1,745’ ooo. bushel*, last < year. Shipments today 1,081.000 bushels; last Week 393.000 bushels, Corn receipt* today 391, _ .. eek 730.000 Imshal*. against 891,000 Imati- els Inst year. Shipments Unlay 333,000 biiHbel*; Inst week 500,000 hushel*. against 663,uX) bushels lust year. NEW ORLEANS. SEABOARD AIR LINE. Seaboard Air Line stocks and bonds: u . _ Bid. Asked. Seaboard Air Une, common.... 23% 24 # do. 1st preferred so do. 2d preferred 50 do. ten-year 6‘* 82 do. three-year 5‘s 100% do. 4'* 82% 101 >4 99% THE METAL MARKET. New York. Nov. 2A—Cdpner was strong. Lead firm. Spelter steady. 1 Tm wa* a shade off In spot and nearby CHICAGO GRAIN MARKET. grain nud provlsiou quotations wiibXt— Dee. .. 73*4 May TS% *78% May July OATtWy 43% 42% 43% 44% 1 lonar.T tone I* not likely to in* main tained long, and the various rofnirts liidieative of inside bullishness. United State* Steel Is allowed to drift at eoneegslon* . into the hand* of Morgan broker*, a* near as we can ascertain, and patient purchaser* will be rewarded. Smelting 1% still held In the trading, posi tion between 152 nnd 157. Atchison should l»e bought on soft spot*. Mt. Paul will meet support around 180. Professionals seem Inclined to hammer nt Pennsylvania. Humor* of'stops just her low the closing are noted. Beginning at 145. we understand the Phil adelphia crowd will support Reading with buying orders. Brooklyn Rapid Transit Is In a trading posit ion. NEW YORK COFFEE MARKET. New York, Nov. 26.—The market. opened steady nt an advance »of 5 points on Hep- tenilww and unchanged on other position*. The feature was the continued evening' up of December, which wo* renderd most urg ent by notices, it being the first December notice day. According to the estimate*, notice* representing about 25,000 bag* were lu clrenlntlon. nnd while there had Iwen active preparations for tills event during the past month. It seemed that there was Hlill some scattering* long Interest, the liquidation of which was rather n depress ing factor, although most of It was I11 the i.-.i •• i.f nvi.limipaii VuUtini 1 0 f tli..'' Itrnvll. niy bin . elpts were on about the recent scale. The best feature of the Brazilian cable wn* an ndvnuce of 1-32«1 In the rate of Brazilian exchange. January. February March. . April. April. . . . May. . . . June. . . . July August. . . September. , 6.15-6.20 6.26 6.30-6.40 9.436.55 6.56-6.65 6.65-6.75 October Novem!>er. . . . Decemlier Closed steady. Close. 5.90-5.96 6.00-6.10 6.15-6.20 0.26-6.30 6.80-6.40 6.55- 6.60 6.55- 6.0!) 6.60-6.65 6.65-6y0 6.70-6.85 6.80-6.85 6.80-6.85 ADVANCES RESBLTEt Great Northern Brel'. W,.^ London Sales Exceeded Purchases. f Hiiidiil eXI-Jtedi] 'Tile liirt with gardlng the money outlook, th. nil,,";. hittucn.'(> mi nil t6e miirkm. ...iSr 1 * ,vanees -mrepu 1 ‘received In *»• ventv ’ consignments of Afrlcnn gold «ht< on December 1, which proniU grently in the - atrengtheifing . bank, reserves. Here the nn strong shdwhig'Of the ‘banks wu In moderate rates for call money est prb*ed during the morning u„ cent nlid- some signs of easier 73 In the market for; time loans. *ri„ security list was higher, in - American shares were firmer win, p rt v. In the first half hour of the’|oe a | .wiiZL the market was called upon to ulthsi a further sharp decline In the Great W? ern preferred *hare*. a further r. suit «.r th, unftivorahle sentlmeifl. aroiuuxl hist by the plan .of adjusting the ore land i™, proflta. When. *hf« fall wn» Great Northern Stock-down nearly 20 T K d n ,: from the high price of .last week, the nv. ket .began to harden, nnd steadr Imvlnit certain specialties Imparted considerable s. luintlon to the genefnl trading. The Missouri. Kansas and T< on- a renewal of the familiar ri chnngo of control were-eagerl] again nnd the buying spread t.'. the Km sa* CUy Southern atocks-nnd in a mild gree to Texas I’lielflc. But the Stand; shares after a gain of a point or mo ere freely supplied and the drift a«h •came quite uncertain. The market wu* stronger all tkro'tgk 1 first hour, except -from Great North* preferred. The gnlns In the majority ” e first ranged from small fraction* er 2 points, the most important n being made In Hocking Goal. Mk-n Kansas and Texas common and St. P4 The most impressive buying wa* l»v 1 art, Dodge k Vo., who were large |iiirelun>n 4 stocks nil around the room. Great N<*rtk ern preferred wa* still Influenced i»v li.it dntlon of long uccounts, chleflv dim t.. 1 fear that the Interval* between the d* lug of the Inioks for the rights and , llvprjF of the trust shares. Borrows the-stock would lie left In a creatl diJU'ed eollaterul. The sales of Lend**! ceeded purchase* by 20,000 shares. Governments unchanged, other I steady. LON DO STOCK MARKET. WEATHER FORECAST. 1 gin—Fair Monday nnd Tuesday; light to fresh cast winds. Virginia—Fair Monday, warmer In south portion; Tuesday partly cloudy, probably dn in west portion; light to fresh, south I lid*. North 'Carolina—Knit*'Monday nnd Tues day.- variable wind* becoming east and fresh. 33% 34% 33% Hi": May July .. roiiK— Jan. ..14.40 May ..14.67% 1L9»> LARD- Nov. .. 9.07% v*u 35% 14.65 14.47% 14.45 14.72% 14.72% Dee, .. 8.52% Jan. .. 8.35 8IDKS- Jan. .. 7.62% May ..7.77% 9.40 8.63 9.20 8.62% 8.37% 7.67% 7.» 7.82% 7.« ash Wheat—No. 2 red, 74%: No. 3 do.. 73%<fi74; No. 2 hnnl winter, 73%#76; No. 3 hard winter, 72074%. SOUTHERN EXCHANGE Oldest Established Office South. COnON STOWS BONDS—GRAIN Ground Floor Gould Building. Dally marlcet letter nnd mitrltet manunl mailed on application. WU. L. PEEL. President. ROBERT r. MADDOX, Vic. President THOM AS J. PEEPLES. Cnshlrr. WINDSOR. Asslstsot Ca.hler! MADDOX-RUCKER BANKING COMPANY. CAPITAL $200,000.00 SURPLUS AND PROFITS . . $500,000.00 Accounts, small as well as large, invited. 3 1-2 per cent interest paid and compounded semi- annually in our Savings Department. NORTHWEST CARS. The following figure* give the northwest car* of today, last week aud last year: !.ast I*i*t Today. Week. Year. Minneapolis 63d 564 871 \v\th. 177 315 251 IS C ALABAMA »T ATLANTA. CA GIBERT & CLAY STOCK*. BONDS. COTTON. GRAIN. corrcc. provisions. MEMBERS: I < o t> . lt0 w u Kxeheoge. ! Chicago Board of Trade. New Or lean* stock Exchange. | Liverpool Cotton Amu. bauge. j New Orleans Board of Trade, i G* veeton Cotton Ex. PHIVATE WIRES TO ALL EXCHANGES. n ^ ° r ‘*‘ Local and Long DitUncs Telephone 5298. C. E. KEPLINQER, Manager. New York Coffee Kxcbaui ALONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS Central Bank -Trust Corporation WM. H, PATTERSON, Vice President. WM. D. OWENS, Assistant Cashier. Atlanta, Georgia. OFFICERS. ASA G. CANDLER, President. JOHN S. OWENS, Vice President. A. P. COLES, Cashier. Condensed Statement of Con dition as called for by State Treasurer at Close of Business November 12,1906. COMMENCED BUSINESS FEB. 6, 1906. RESOURCES. Loans and Discounts $1,304,820.36 Demand Loans 108,012.75 Stocks and Bonds 89,023.80 Overdrafts 207.62 Furniture and Fixtures 2,880.11 (In Vault $219,345.81 ua3n (Due by Banks.. 486,052.81 705,398.62 $2,210,343.26 , LIABILITIES. Capital Stock $. 500,000.00 Undivided Profits (Net) 42,689.39 (Individual ... $1,013,584.91 Deposits (Banks 616543.96 1,629,828.87 Rediscounts \ 37,825.00 $2,210,343.26 South Carolina uud Baatrru Florida—Fair Monday and Tuesday; light to fresh east winds. -Western Florida, Alabama and fiouiaiann— Fair Monday aud Tuesday;, fresh southeiud to south winds. MIm*Is*Id|)I—Fair Monday nnd Tuesday, except rain Tnesdu.v In extreme north por tion; fresh south wind*. Tt-nuesiiee—Partly cloudy Monday, rain night lu west portion; COTTON SEED OIL. Opening, ('losing. November 38 <&41 38 <M1 Jferemher. ....... .77%4/;JW January .15*4635% 35%#83% February 35 C»3R% 35 1<35*4 March :R #35% :r»%#35i4 May 35 #35% 35 No sale*. Closed steady. <835% STOCKS— Amalgamated - Copper.. Anaconda Atchison do. preferred Baltimore and Ohio. . do, preferred Canadian Pacific hesnpenkc and Ohio. !n*)%!i<m, ti-iH .. .!ioi%!.... — ... fmnver and Bio Grande.. , Erie do. preferred Great Western Illinois Central Kansas nnd Texas.. do. preferred——. .. .. ‘5%ki;;‘L 7 i l Ia*ul«vUle. amL-.«tk4UhvUW— Mexican Central..* I 24% -4- 175'Tl75% lTht, 4I%|.41, New York ■Centrak. , Pliiliidelplfia mid Beading. Book Island Southern Pacific Southern Ballway St. Paul Union Pacific do. preferred United State* Steel do, preferred.. .. X .. Wabash do, preferred f 130 jia* JWH ! .'219% 221' ,.* 4*5% 4,% . i:v, r>% !--*% ,.|14*5% 143% IF .! 13i New York. Baltimore. Boston. Chicago. Atlanta. New Orleane. •Washington. San Francisco. Philadelphia London. The American Audit Company 100 Broadway, New York City. F. W. LAFRENTZ, C. P. A., Proa. 0. E. MANWARING, Vice Pm THEO COCHEU. Jr., Secretary. The Amorlcan Audit Company, chartered under.the laws of New York la empowered to examine the affairs of, and make reports uixm the flu*"' clal condition of private and public concerna for directors, officers ana dlvlduals. The preparation and Installing of systems a specialty. ATLANTA BRANCH, 1015-1016-1017-1018 FOURTH NAT’L BANK BLD4 C. B. BIDWELL, Resident Manager. Telephone, Main 872. Cable Addreei, Amdit, New Yo* LOWRY NATIONAL BANK Designated Depository of the United States. CAPITAL $500,000.00 SURPLUS .a 400,000.00 UNDIVIDED PROFITS 140,000.00 A general banking business transacted. Foreign exchange, Letters of Credit. Corresponds direct with the National Bank of Cuba. Frank nankins. President. i- —, , n - -. ■■ Pt Tnomas C. Erwin, Asst. Cnlhl.r. Joseph A. McCord, CosM.r. R. tv. Byers. Asst. Cashier. Third National Bank Capital Surplus DIRECTORS: Frank Hawkins. H. M. Atkinson. Joseph A. McCord. $200,000.00. $300,000.00. J. H. Nunnnlly. J. Carroll Payne. B. B. Rosser. 19. o. Ilfwwr. David Woodward- Safe Deposit Boxes For rent in our vaults in the basement of tin Empire {Building for only $5.00 each per annum. Absolute Security and all Modern Convenience You should not be without one. We invil-■ you to call and inspect them. Title Guarantee and Trust Co.