The Atlanta Georgian. (Atlanta, GA.) 1906-1907, November 27, 1906, Image 12

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THE ATLANTA 0KOI?(MAX, rrtaiDAV. novkmbbb isot FOOTBALL' RUSH NEWS; AND GOSSIP ■ of the Fleecy Staple. I Buyers Of the Staple Iu- 1 stmeted to Take Their Limits Off. SITUATION STRAINED l-Jdarket .Had a Set Back in j the Early Trading This Morning. * New York. Nov. 27.—The Hltuntlon of the ^ppot article utill dominated the cottou market, nit«l with higher rubles from I.lv crpoot furnished the chief Impetus to the market here at the outset. Ituslness among commission houses was less active, and pro fessional brokers did considerable realix- ■ Ing. > of Ijm • IHIIIIW S*;re .i-nmuintinii, »v wre ubulls ln'*the American markets. The clone, howjftrar/-ttaii near < her highest, the market .* MaMt£gferadu61ly under, a* steady undertone V uivno* the close,* which* was n%QG points • higher than the close on Monday. • Following is the #range In the active > months Jn Liverpool today: ■ Open. High. Low. | November jf-jff G.03 6.96 .January-February 6.80 J>.£» 5.78 [March-April 5.81 5.87 6.80 | May-June .... ...5.85 6.91 6.84 j In tho matter of price, the apot market ,1 was strong, middling being quoted 13 points higher nt CM the heat price reached in mouths. The email takings by ’spinners was not encouraging, only 6,00ft bales changing bands at the advance. ‘ g ft In New fori, November opened %c high- - er nt lL30c, which Indicates that the aborts, who were sellers on oxpectwtloni* 'early of a bumper yleld- : -lS,QOO,0(iO to 14.000,• 000 bales—are experiencing quite a little difficulty In delivering the goods. The active list opened 6&10 points high- *#r, but tho advance met heavy liquidating .i sales by longs Immediately. after the open- »lng, and a sharp decline of 13017 point* * followed. Up to midday, the market had Ca downward tendency. Private Wire to Glbert A Clay. New York. Nov. 27.—Liverpool at 12:30 p. in., 7*8 higher. Was due about 5 higher. Oil this ha mis. we should open 4&6 higher. Liverpool cables: •’November cornier holds (mi rket." Mlteliell Imylng Novemlier nt 11.70r. WV are bullish on the market, but, pre fer to wait for a reaction liefore buying. The aiiuual cut I urate of American cottou crop Issued by Dick Bros, ploces .the. yh*|.' of 1906 at 12,114,000 bales. Average estimate of crop of 161 memlier of the New York, cottop. uxrlyuure la 12,457, OtW'bne**. c . . k . - The .Journal of . Coinilercoc "An In ■used volume of business was noted In • prlniury market at the opening, and Jobbers received additional orders for spring deliveries through tho malls and through resident buyers. Advances lu wide sheet- lias .: likely to'bd'tnade at nfUy time/ »tei*e!idem In some measure oil the prohnhjUty of milking amicable wage adjustments-In New England mills." •* ^ ' New York Commercial: "There Is no doubt but that the spot situation Is lutein The middleman has contracted to dellv grades tlmt be can not get. If the mills who hold the contracts demand their pound of flesh. It Is difficult to foresee: Just what the outcome will Is*. The little spot fellows have commenced to May down.' There were three ‘lay downs' r - * - Georgia .Saturday morning, an . Is* others lu different sections of flic ladt." ‘‘The public has commenced to come Into Hie market," sold one leading broke It is not fought loo bitterly right start, t%ery broker will have nil tli- pesa -ho can attend »to, Indore.the .season, la very mnch older." ' ‘ New Orleans, Nov. 27.—Liverpool at 8% up inay lie considered a go<s| market, nl though due 104111 up on New Orleans. Wus cxpeetedyigly Syf^^UBs, up on New Llvcrpoof* ratftjgQ '/.'Liverpool local feel- lug Is bullish. Think market Is Rifely to improve." ’ ' . 'Tbo Influence of favorable chides nnd tin favorable. vVeathet** having a siiktaUilng ef fect upon*prlt‘et,-but flyre Uf» mOrw-'dlsiK)- sltlon at the moment'on the part of longs to liquidate. *• ** • '*' -* Later IJvernol csbla: "In consequence of strength or Houthcrn market, the feel ing here Is bullish." The long Interst la bcglnnlag to liquidate freely. The apot market la variously quoted, some say unchanged, some He up and some oven a similar nmoidit lower. The general alt uatluii la undoubtedly quieter with eapeclul reference to the demand. The western forecast Indicates showers toulght and colder for I<oul*lnna ami south- QIBERT A CLAY’S DAILY MARKET LETTER New Orleans, Nov. 27.—Although more fa vorably Impressed .with the course that the American markets have pursued, the ' i to furnish foreign market failed a gal a *.^ttSSawY^rkCommercl n 1 aava of the f,l, l response to our advance of yester- * Commercial says oi me tJnJ . O ptiona closed 4<?6 points higher, than 5 ^'hrfntura market can not foil to re »n the nn-vlou. ,loy. whll«- moil .im.ln- fleet the spot situation, nnd thq.alfnation tMrt'conftputs,lheapot market Js n strained * a nrt"ptwuimr ‘din*. ^Fnrly Inf Jhe senaon When the Idea that the crop wnsjgoldg td be n £ bumper was general, even trtJotb the season a opened: In fact. for big dealers aell far % ahead—there was a free selHng of high ‘grade cotton. Now the tiillla are clamoring .•r.ifon and the spot dealers can The little dealers have com- . not get It. i menced to "iny nown. mm, «» .makes It harder for tho big people. I he ..mills will have to spin what they eon get. and this Is making an enormous demand ) fur grades wader those which have been .♦ most extensively contracted for. Reports • from the belt tell of buyers receiving In- , strnetlons to take their limit off, and there U it football rush for every bale of good rollon that shows up. Home people Insist * that there can not Ik* such a very large -crop when buyers are having such bard »work to get their cotton, while others lie- i llevo that there Is plenty of cotton, but t that the trouble Is that It Is all low grade, i rompdratlvo receipts nt nil United Htntes parts: t receipts today •• • * SSmeahiy lust ye IHM three days..... 79.609 81,521 1,912 191.479 179,096 since September 1....4.0W.6TO or operand/" n V New Orica tis 14.ft«) to°l6,000 . Galveston 15.«W to 20.000 *.Houston 17,1100 to 20,000. Movement at Atlanta: *.lleeelpts today.. /fthlpments twlay.. , Hnmr day last year. ^ Increase.. 2.471 1.332 1.142 1*04 1,588 ✓;fitock on hand todny .. .. lLMR tf Same day last year ♦ •••• *, Increase A In the trading, the slump was continued, ♦due to realising isles, and reports that the . Kouth was offering apot cotton more free „ly. The decline was opnfined to cotton for n futur* delivery, however, the pi»ot markets r generally showing unchanged quotat ons. i In th«tlnat.few minutes the.decllne met ; with some resistance, nnd the lienra'show- «mI some nervousness, and ou light cover- . Ing by this element a rally of 2©3 points « from the low irnlnts waa recorded, the X close lmlng steady 114/14 points lower for • the active mouths. November closed 4o i pslnis ( blgbcr. t yj ^ . . * SPOT COTTON MARKET. Liverpool, spot cotton quiet and steady; middling uplands G.2id; sales 6.000; Ameri can 5,4w; speculation and export 6W; re ceipts 30,000; American 18,100. Atlanta, steady at lie. New York, Arm at lL40c. New Orleans, easier nt 11316e. Boston, steady at 11.40c. Houston, steady nt 11116c. Memphis, steady at 10 15-Bh*. Galveston, firm at ll%e. Baltimore, nominal nt 11c. Norfolk, firm at 1114e. Mobile, steady at loHe. Wilmington, steady ut lOHeJ rharleatmi, firm nt 10*4*’. Savannah, quiet nt 10%e. St. TJoule, steady nt 11c. Augusta, Arm at UV^c. the previous day, while h|miI quota tlons showed an advance of 13 points, with sales of only 6,000. The first waning signs of tho decreasing demand for cotton were fully reflected in the lower prices for con tracts In today'* session. Thursday being « holiday, but two more market days re main* In which November commitments are to be fulfilled. With this Influence tem porarily over, and December forward ship- incuts In u large measure provided for. ow ing to the fear Hint the present advance would prove more extensive, naturally creates the belief that, for a while, nt least, the market'll support must come from other sources Hum nil Insistent demand for cot ton. Then, the weight of the movement which. If the clearer weather promised In realised, should be less restricted than now seem* to Im the ease, would, In all proba bility, alter somewhat the sentiment that lias materially aided* flu* present ■'advance. New York, Nov. 27.—The market was strong todny, without great activity and support appeared liberal hi most finiMtrbwl directions. Bending and Copper were early marked for mi advance, and the I’nlon Pacific niinunl report was made tfie basis for good buying of tltejs* shares, which encouraged activity throughout the list. A report was publitthcd. of u possible Issue of Great Northern stock In the abn|>c of a Inuiiis or dividend. While “ !* tradllg Hfwi*. i in-re , -Ott purt PH itts\e long commit mem* liioro'frenly than recently In evidence. The near future of the money market glv delliille promise of lx*eoiiilng easy. It Is believed that, owing tt» the polb*y of Amerleuii financiers not realising oil foreign hfilnucc* recently established through com menial sterling, that the Bank of Eng Iiilid will Is* in a position to reduce llielr Edited by Joseph B. Lively Ur. LIrely's twenty-five ’ yeara* experience of ed iting market* fn Atlanta nnd the South hasmadg him a recognised au thority In bli specialty. 'TIPS FLASHED From Wall Street Private Wire lo GlliArt -& Clay. New York, Nov. ^-—Marshall, Spader A* To.: "All other tiifluencea will Ik* for n ^ . time disregarded, pending conalderatlon of RANGE OF NEW YORK STOCKS-'AND COTTON MARKETS !£!?“ i ^— 5 1 i— ——- ■■ - ^ 1 —— show somewhat over 14 ner cent earned ou common stock. On its face, this would ap pear to be disappointing. In view of tin* fact that many opinions and estimates raq ns NAME OF STOCK. ftuutti Atlamt.* Coast l.n American Sugar U-»f. . Anaconda. . . , . . « -' American LocjkUuU**. do. preleri^l. . . . Am. Smtlting'Kef. . . do. preferred. . • . Atcbltcn . . - do. preferred American Cot*on Oil. . ; Am. Cor Foundry* «t • Baltimore St Ohio. . . Brooklyn llaphl T. . . Canadian Pacific. . . . Chicago A Northw'n. . Chesapeake A Ohio. . Colorado Fuel A Iron. Central Laatber. . . y / do. preferred. . .r. Chicago A Great \Y. . , Chicago, M. A HL P. . Delaware A Hudson. . Distillers Securities. . Efle do. preferred. . . . General Electric. . • . Illinois Central Am. toe .Securities. . . LouiSvIllA A Nashville. Mexican Central. . . . Missouri Pacific. . . . 135% 278 74 "i ; 112 134% i«i»i 5<!i M%! SMS •NAME OF ?T0CK. N. 1.. Oal. & Wral.ru. National Lead Northern Pucldc. . . . New York Central. . . Norfolk A Western. . Pennsylvania. . . . . . People's Gas Pressed Steel Car. . . do. preferred. > Pacific Mail Binding. ........ do. preferred. . . . Lnlted States Jtnbbei. do. preferred. . . . Southern Pacific. . . . southern Hallway. . . do. preferred. . . . Slosa-Sbeffleld Teuu. Coal A Iron. . . Texas A 1’aciflc. .... Uulon Pacific. . . J . . United States Steel. . do. preferred. . . . Va.-Cnr. Chemical. . . do. preferred. . . . Western Union Wabash dd. preferred. . . . Wisconsin Central. . . do. preferred. . . . Jilt Total^Uedf.ysyl— Uwbiy .7lf7.1ffl *hwmt,-* NEW YORK. Hires In Nqw York today; •„ NovTTT Dec. . . Jnu. . . Feb. . . March. . April. . May.. . .110.74 ■ 110.92 11.25] 11.25-35 10.25 10.25-26 10.38 10.38-39 10.47*49 10.56 10.66-57 ‘IK 10.62-64 . I.6G 10.6A67 10.74 10.70-72 10.74110.73-74 10.80-86 10.36 38 Ul. 50-51 10.56-60 I0.«87i» 10.73-75 10.80-81 10.84-86 10.86-87 LIVERPOOL. • figures give the opening ind close, compared with Sfir; Future* opened easier. November,. Kauge. •r,. . JJN -6.01 :.. ...6.83 -6.65 . . :6.s0 • -6.84 ‘ Nov.-Dee.. Dec.-Jan. Jan.-Feb. Feb.-March. .5.81 -5.85- March* April.. 5.81 -5.S5 ^ay-June. , .6.85 -5.89 June-July. . '.u.86%-5.83 J»ilr-Auguwt..5.88 --8.91% 5.89' N6W ORLEANS. careful analysis of the report to offaet this Influence. One Item uppeara missing from the Income account; namely, the dividend on Southern Pacific, of which Union Pa cific holds 690.ftl0.000, no dlvldeud having been paid op this stock Inst year. This amount alone, would add over 2*4 per cent to the above estimate of ut*t earnings. The London market this morning Indicates a fa vorablo view of the report, a ml the gen oral market today /lnay. after all, reflect a ruvorable view of these Issues." Union Pacific report shows: Hurpiua after preferred dividends Is equal to 14.21 per ceut earned on common stock; general balance sheet as of June 30, 1906. shows total assets 6577,536,378, against 6566,123,743 previous year. Dow-.Toues’ summary: London settlen began today. American stocks In Lou sternly U0*4-above parity, about equaling the contango, as trading Is now for new account. No Increase In New York Central divi dend prolinhle In' near future. United States* Steel figuring on record quarter's* earnings with favorable weather conditiona. Twin City October net Increased 69,000. Xo truth In ruinora of dissension In Mia- svf:".— Dec. . . . Jan. . . , Feb. . . . March. . . April. May.. L v11.25 11133 Closed barely 3 III ii.33lii.23 1L4B M 10785 ■ 10.75 10.75-76 mm lft 75-76 in.wj.s: 10.93-95 llJKMtt 11.07-09 11.23 11.12-13 10.94-95 10.82-84 11.01-03 11.06-06 II. 12-141 III. 19-20 11.26-28 11.32-34 ATLAN'TA MARKETS. FRUITS AND PRODUCE. EGGH—('nmlled.' active. 29fj30e. LIVE_ 1’pULTIIY—Hens, acUve, 32%0« ducks. Pekin, 35c each; puddle, 254j30c each; g<w»*e. full feathered. 65c each; tur keys. dull. 14c potiud.- *■ DKKHHI*^)/ PQULT«Y-Gee*4, umlrawn. active. l(tol3%c |K»nnfi;-turkeys, undrawn, active. l^Jlta iv»ujul; heps, ^rtqlrawn. ac tive. 12V?c pornidudiicks. aodraWn. fanty, 15c pound; frit*, active,. 14a*,|K>und. prfODIffjK—laird.-.Ka* tb.* hams active. 14c Jb., shoulders.aqtire<, UK*, lb.; sides active. 10o pound: btjtrar. Actftvr. 15ff22%# nmind: tieevwns, active. *25e mrtnnl: honey, bright, active. 8c pound: honey In 1-pound block*, active. 12c pound: chestnuts active,* 61.00 bushel; ♦tried apples. 6c pound: white pens active, 62.50 bushel; lady peas, 63.00; stock, 61.25. GAME—Quail, active 12%c each; doves, ac tive 5c each; ducks, mallard, active, 46c; each; ducks mixed, active, 20®23c each: wild turkeys, active. 16o pound; rabbits, oc tlve. 10c each; squirrels, active, 10c each; opossum, dressed, active. 12%e pound; opos- - Mess itiittW. Pineapples,' 62.00. Ora ump* _ m ..Jac and condition ill arrival, per box. 61.5002.25. Annies, holce. Ben Davis, 63.0(KU3.25; fancy. 62.7M4 6JJ0. New York statu npples^wlnter OFFERINGS SMALL AND_SCATTERED No Pressure On Wheat, As December Liquidation Was Light. . THE WEATHER. LOCAL FORECAST. STOCKS REVIEWED lit NEW YORK SUN New* York,' ’NoV. 27.—The Hun any a: "Wliat seemed to figure most prominently In the discussion of speculators lu the financial di» trtet yesterday—who, of course, regard tli*' i*n*rtwjl from a short range view- was tlie eoulliiAal weakness In the fill! group of stockqiaiid the,-Great Northern railway's ■>nre ecu Idea tc< the T *el1lbg of Ht. rani shares, which Indicates apiinreiitly that the recent rise In the price of the’ security be. tokened no substantial favorable detetop TODAY*8 PORT RECEIPTS. The following tqhle shows receipt* at the Interior towns t«nlay, compared with thu Mime day last year: Savannah. . Uhnrlestoti. . Wilmington. Norfolk. . . . Boston. . . . Philadelphia. IVnAAeAfai. . q Hnn Francis* Total. 1 will, It Is expected, be Issned this morning, will not prove to be a doi'iJiiieiit calculated to excite as much enthusiasm as has for some time been supposed. Art Impression current that tlie figures of the com paiiy's earnings In the Inst fiscal year, a revealed In the report, would be pructlcall' the same ns those set forth In the prellml aiary statement Issued by the company last August, ultboagh It was held thut the com- pany'rt lueomc from Investments might In* shown to 1h» somewhat larger than was originally stated. The rumor was clreulnted that the company's uet revenue applicable to dlvidemU on Its common, shnres from Imth the operation of system nml from the Income from Investments would not Ik* more than 14 per cent, whereas It has been (bought recently that tin* company's earn- large quantity of unmortgaged or free assets In tho treasury."—Glbert *V Clay. COTTON SEED OIL. opening. Closing. November 4H' 4 1i41 40%tt42 December. ....... 37%M3S*4 38%fi39 January X February 35%tf<36'4 36%4i37 March. . . . * 35%$36 36%ti36*i May 36 Hales, 2fi0 Nevcml»cr at 4<>*». 100 January at 36. March at 36. and 100 May at 35%. Closed steady. 63.75fjr4.0ft Gran WSSt ’CoucwM,. mw»rii*Aa{li Sc: Cptnwliaii, CniniHTrl.i. fnncf ^ark Cape ^V»ds. |w»r barrel. ipi s. New Yor •rds. 20<|22%c; i22%c. Cranbem**, fancy 812.00 Florida ||H ... .»lor, per box 62iOO 413.00. Limes, Florida stock, per hundred. 40c. Nuts, fancy mixed. In boxes, per iKiiimls. 12%4ll4e. Cocoa mi t s.' 1ienr y hi 11 a n s, sack of 100. active, at 64.50 sack. Pminutain sacks averaging 100 pound* each, owing to active, 62.60 crate; cabbage, "tarn 1%c pound; cabbage, uairels, l%c pound egg plant, active. 62.50 crate; cucum bers. 61.50 crate; tomatoes, fancy, active. tt.60 crate; tomatoes, choice, active. 62.00$ 2.25 crate; lieans. round green. t"50 crate; oiiIouk. ilry. active. 75fr bushel; Irish pota toes. active No. 1. (80c btithel: celery, fan cy. dr.'l. 6LO0fr3.0O crate; peppers active 61-76 crate; okra, six baskets, small, 62.25 crate; cnullduwer, active, MTfOc pound: lettuce, beaded. 62.50 drum: sweet jMitatoes, yellow, dull, 6ft* busbel; sw»*et iiotntoes, white, dull. 40c Inishei; kraut, half-barrel, 63d 5 : rutnbag.i tural "*■ V' ‘ Chicago, Nov. 27.—Markets of board of trade closed tame—decidedly so. While not change* for the day were small, there was an Inclination on the part of holders to sell on every hard spot to develop. The bulls refused to absorb the grain thrown overboard and the bears were not Inclined to sell freely, save on the hard spots. There was more or less liquidation at odd times.- ‘ Wheat closed for the day l«8c higher to l-8c lower. Com unchanged. Oats l-8fM-4c higher to l-8c lower. Pro visions 5ffl7 3-2c higher. . Cash sales here were small in all the cereals and the seaboard reported bus Iness at* a standstill. Primary receipts of wheat 1,099.000 bushels; com, 457,000 bushels, com : pared with 1.362,000 and 732,400 bush els, respectively, a year ago. Clearances of wheat, 446,000 bushels; com, 353,000 bushels; oats, 9,000 bush els. CHICAGO GRAIN MARKET FLOUR. GRAIN AND PROVISIONS. FLOUH— Highest potent, 63.50; bent pat ent 64.W; Htaiidnrd patent. 64.25: half {lat ent. 6C 90; spring wheat patent, 65. COHN—c’holce red cob, 69c; No. 2 white, <Wc; No 2 yellow, 68c; mixed, 67r; old crop choice, 67c; old crop No. 2. 67c; old cron mixed, 67cJ new Tennessee white, 65c; crack corn, per bushel, 70c. OATS—Choice white dipped, 60c; Na t white, 4X1*; No. 2 mixed, 4»c; Tcxiib rtist- nnstf. 52c. MEAL--Plain water-ground, per hnshe!. Rm*; boltml. 149-pound Jutes, per bnxliel 60c; Hhort*. white, 61-M; me«llum, 61.40; brown. 11.35; Imre brnn. 61.25; mixed brand. 61.15. HAY—Timothy, .choice large bale*, do., rholee ■mall bales. 6L20; do., Nu. 1 cloved, mixed, 61.15; do.. No..2 clover mixed. 61.19. rholye Bermuda, 90e. HYP—Georgia. 61.06; Tcnuetse*. 90*. Bar* ley. *%♦. The snore price* nr« t. o. b. Atlanta. PROVIHIONS—Supreme hams. 15c. Dove .am*. 15c. California ham*. 69.w. Dry cult •xtrii ribs 9; Mile*, 20.5 pounds, la.'JG; fat 8: HuprcE lard, INTERIOR RECEIPTS. The following table show* receipts at Interior towus today, compared with the ■sine day laat year: Houston. . Augusts. . Memphis.-. . 34148 3233 . 4S94 s 6449 GIBERT & CLAY STOCKi, BONDI. COTTON. GRAIN. ATLANTA corrtE, proviiioni. Atlanta, ga MCMBCRI: n" SS& &;Sl d e- I i ssss ssas» i «.>»•• ^ « m New York Coffee E l IIC ALABAMA BT. Cirhin,.-. N.w Orlf-nti. iJ„TV.*r?Z% A..'a Loc»l and L.ng Diitanc* T.I.phon. 5298. C. E. KEPLINGER, Manager. ALONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone. Main 851. ATLANTA. GEORGIA. backs h; plate know Drift compound 8.60. FISH. Mullet, 69.00 per barrel; bream, 6fi7c I.otiml; snapper 10c per pound; trout 8c per ;iound; blue fish. 8c per nouud; potnpnno. M(20e |M»und; tmickerd. 12%c pound: mixed Osh. 6*' per pound; fresh water trout, (iyioc pound. i bags or barrels, 13W; gns»i» lUil2e. RICE-Carolina, 4%M7%c, according to tha grade. CHEESE—Fancy full cream dairy, 15%c; twins, I.V. Sbrrddt*«l biscuit, 65 ease; No. 2 rolled Chicago gralu and provliloa quotations for today follow: • Previous Open. High. Low. Close. Close. IS* CORN— Dec 42% May.... 43% July.... 44% O ATM- Dee S3 1 1 May.... 33 July 32% PORK— Jan... 14.55 May... 14.90 LARD— Nov... 9.17% Dee,.. 8.67% Jan.... 8.42% HIDEF- Jan... 7.72% ;f. 7*v 42% 43% 44% Carnegie Rt«*el furuaees breaking i or»l« Id output. '• '• Twelve Industrials advanced .20 nor c Twenty active railroads declined .11 r cent, per cent. New York Financial Bureau: Owlug -to the mixed fluctuation*, we recommend close observance of Individual posltlou*. Copper fa bought whenever taoln at! Copper la bought on it scale dowu toward 110. Louisville nnd Nashville fs very scarce, Ht. I'nul meet* support toward .... atateil yesterday, nnd It may be bought there with a small atop If desired. The technique of 1 JViiDfrylvnnln Ja not very strong as yet. Vrofemlonnln are hear!at on It. Union Pacific Is bought on n scale down. Increasing heavily toward 181.. It may be made to fluctuate widely lu view of the expected statement, put should be bought oir any Jf» ,,, *** ,, *' r "* A specia for -Rending from 144 to 14*», where shorts should Ik* covered, nnd go long with a ■mull''at on. * •* •” • „ r We understand .smelting. .Centfttl, Atchison. OF OF THEJEST S0R1 Demand For Many lss U ^ Came from Powerful Sources. GAINS PREDOMINATE Union Pacific Showing \y a Considered Good and Forced Hurried Covering. f; small*‘stop. Steels should.be bought nnd held, understand Smelting, Uentfal, Atr... Sugar nnd Baltimore und Ohio arc nil well bought on weakness. They display no Ini tiative For Atfnnts nnd Vicinity—Fair and colder tonight nnd Wednesday; minimum tempera ture about 36 degrees tonight. WEATHERjCONDITIONS. The area of low pressure lias moved from the lake region eastward to the lower St. Lawrence vslley r causing a general decrease in nlr pressure over New York mid New England, and rain along Its track. The area of high pressure from the northwest has moved southeast, causing colder weath er from the Rockies eastward to the lower Mississippi Into the Ohio valley. The crest of the "high” extends from Spokane, Wash., southeast to the lower Mississippi valley. Cloudy weather covers the southwest and rain Is falling at Palestine, Tex., and Vicks burg. Miss. In the northeast rain Is falling nt Buffalo and Oswego. New York and nt Portland, Me. Fair conditions prevail In the Interior. The southeastward movement of the northwestern high pressure area will Ik* favorable for fair and colder weather In this section tonight and Wednesday; ... ^ minimum temperature about 36 degrees'to- u , *F*5J , **W ,,1-,.. *■ however, that Is raising prices. It IS, 11 * ut * already stattn) In these (mlumns, fbc com ... . . ~—T~“ . A meMnl situation of the actual stable, tho Minimum and Maximum Temperatures '-*•*- - - —*- ■* •—• • and Rainfall, Hppenratiers.’ they are likely be paramount for wune tin... .. nrot througliout the entire season. New Orleans. Nov. 27.—Tho Times Demo- crat snya: ‘The abrupt cutting loose from obi standards by the New Orleans cotton exchange has caused the develop ment of n new form of an old apprehen sion among local friends of the staple, who now tear the Southern market may strike a bad sung when It nttesipts- to force New York nnd Liverpool up to a working parity with the values It has re cently established. The situation saving grace la the fact that apot cotton buyers go on paying very high premiums for prompt delivery nnd bigger and " prices for any delivery nt all wlti hounds of reason. Speculation Is .not In Important volume, the speculative long In terest Is very small, and the market will continue to advance nntl) the apot sJtua- WORLD’S SPINNERS ANXIOUS BUYERS New Y'ork. Nov. 27.—Strictly speaking, there was nothing new In the market yes terday beyond the fact that prices ad- rnneed under the Influence Of one thing which has dominated the market for some time past, and Is still Its leading factor, tlie strength*of spot prices. Spinners at home nml abroad are anxious buvefs. par ticularly of the' higher grades, and are even ihnklng purchases more frefly of the lower qualities. Speculation liP'hot hrisk*- fnr from It. The out Aide' public tins had experiences In cotton speculation within the last few years, which apparently hard not been forgotfep. fuill,. It must, be said that cotton Is not the only one or' the specu lative markets which for one or nnothe* cause the outside public ’■practically Ig- MoreOvor, there* arc Indications Interest lu the flnnndnt circles todn^H the publication of the Union Pnrlfi. v t'f; delayed mutual report. (Jplulon n* merits of. the showing waa, as It is han.v’i' neltlwr better nor worm, tliun On the beet, 'of net Mrtilnt, an.] cutue. ft •urplt!. equal ta It per ™it i. rerentetl on the eoiumon .In k Hui tu does not take nccount of n hulr Vi ir'i ,i n blend on Southern I’aclfle, or of s- appropriated out of the year', earnlnir. betterment .eipcjidlture*. V'dou Partn' ahare. wrro up ,a< point'In Zl after a rortaln.amount of irre.-ulnrliv „ tinned It* upward iberemeut. ThiL’ than nnythlnr elftef. de4ermln...l tho V.TE of the general market. Then. »„ k™,. buying of. Heading -and Southern picB and while - rapid rceorerlea oecnmd hi Oreftt Northern and Northern I'nelOe .]„ where the advance, proceeded lebureir New York. Nov. 57.—'The atoek mntd opened ftt alrap.t general advance,. n rm ? lyn TWpId Tran.lt opened H higher. x*5 ern lfaclllc .tarted In H point higher ig gained lunllH- > Copper, Rock t.lncd, jtu. conda and Rending rose <4 per m orado Fuel up % and Steel eomni Broker, handling many of the the floor of the «tock exchange ul.l then wa« the heat kind of buying all around the room daring the flr«t hour. The demand l» many atocka came from powerful Kourcw Practically everything traded lu made mm. leader.. The .trect waa dl,posed to gard the Union Paclflc ahowlng In the port, which waa made public today, n, I ter than the advance pointer, ludlatei ycaterday. and It I. a fact.that the support glvea to Union Paclflc forced hurried col oring of nhorta in tbat atoek. London bought about 20,000 .hare, in tho Jot hour, mostly Union Paclflc and Southern Other hondi I'nclflc. Government, unchanged, ateady. MINING STOCKS. Boston, Nov. ,27.—Shannon 18%; Now Ha ven 193; California and Arlxonn 18'i; On- tral 38%; Alloues 47; Wluoua lBi; Op- per Range 83%; Osceola 134. LONDON STOCK MARKET. 9.26 s.70 8.47% May ‘.S3 9.17% H.«7% 8.42% 7.72% 14.6ft 14.47% 14.ti% 14.72% 9.20 8.62% 8.:i7% ffl 2 hard winter 74f?75%; No. 3 LIVERPOOL GRAIN MARKET. .. iosetl uprhongetl. Corn—Opengd % higher; nt 1:30 |». in uiK'liauged; cloned iiuehaiigiKl to % Idglie:-. CHICAGO CAR LOTS. Abilene. . . . • Amarillo. . . . Asheville. . . . Atlanta Augusta. . . . Birmingham. . . Bismarck. . . . Boston. , . . , . Buffalo Charleston. . . . Charlotte. .* . . Chicago Cincinnati. . . , Corpus Christl., Davenport. . . . Kl *l**an. . . . Fort Smith. . . Galveston. . , . Havre Huron Jneksouvllle. . . Jupiter Kansas City. . . Key West. . . . Knoxville. ... 1.0* Angeles. . . Macon. Memphis Meridian Miles City. . . . .Nashville. . . . New Orleans. . New York. . . Norfolk. . . . North Platte. . Omaha Palestine. . . . Pittsburg. . Portland, Me. Portland, Ore. St. Lotila. . , Ht. Paitj. . . . aiiHMi. . . Taylor.- Thniu**rJllo. . . , Vicksburg. •. . . . Washington. . . . Wilmington. . . . . S3 61.66. Oysters/ full weight, 61.19 cm Immiihi. Pepper, 1 J:« pornrea apple* ,\e [faking |M»wdcrH, $5 ••am*. Pink snlnmti 'hocolate 35<*; snuff. Hlrup: led In 48o. Boast iK-ef, 61.39 61.30 ea*e. Catsup. 61.8*1 cum*. New Orleans. 35c gallon; corn 28c *mIm» 35e gallon; i,'<*orgla fiitie, 35c. Salt, 100-|H»nnd, 5(K*. Axle greamC tf.tt. 9-|kM ......... lekers. 6%c |miii ml; lemon 7%i-; *r 7e. Barrel eninfy, |»er |hiuu«I. 6c; m‘lx- '1. |K»r iiotind. 6%«*. Tomatoes, 2-pouml. 81-90 ease; 3 pound, 82.25. % Navy tieab*. $J; l.lma bertii*. 6%c. Ht*t tnatehe.N, per gross, 61.65. ^laenrosh 6^V»e pet pound. Sar- Todat. Tomor. SOUTHERN ^EXCHANGE Oldest E.tabU.hcd Office South. COTTON STQCiS COHOS—GRAIN Ground Floor Gould Building. Dally market letter And market manual mailed on application. Am alga mated Copper.. Anaconda.. .... Atchison.. .. do, preferred Canadian Paclflc... ...... Chesapeake and Ohio. . .. Denver nnd Rio Graqde.. do, preferred.. . .. .. Erie., do. Great Illinois Central.. Kansas and Texas,. .. .... .. do, preferred.. .." .. .. .. Louisville and Nashville.; .. Mexican Central.. New York Central Norfolk and Western. • .. . Northern Paeiflc. i.^ % t. Ontario and- Western.VJ... *• Pennsylvania. .. .; .* .... Philadelphia and 'Heading. .. Southern, Paclflc.-. /,? Houthcrn Railway.. ,, do. preferred;. .. Ht. Paul Union Pacific do, preferred United State* Steel.. . do, preferred Wabash do. preferred 101% 102 102 .... 119% 82% mL\m% 55% 41% 86% I 44% 44% Mr 5 ITUS iSii: I r 38% lA% 146% 144% wl isi'i isi-i 1*714 lili x\ 47’.j l'H". u’i! «^jg:n«<rtK‘h»."^r.f i & •■fry bring a .pot nmrkrt, ha. not frit thr an. .%.i h .IST2 ha NEW YORK COFFEE MARKET. New York, Nor. 27.—The coffee market opened unchanged to 5 points lower, bet confidence In the long aide of the mart* sort of legitimate Impulse tha tha* struck New Orleans, while Liverpool, probably having decided to await further develop ments. In view of the more liberal arrivals, has rested on l,t* oars while value* have advanced here. Mellera nre far too scarce for comfort. Out-of-town spot buyers go the rounds of the sample rooms dally and return disappointed, spot people nre pay ing tremendous premiums ana wondering when the tiling Is to end. Tlie Interior Is not offering, even nt the advance, very freely, supplies are limited, and up to the Close of yesterday's market the demand 1 for Inal r«tt»i> pvldem-w) no nbntonirnt. •aterdny ..ill apot inn rket. ronorli-il thn tun" vlthi'r flrni or ntraily. Tim following worn I In- official qnotntlon, for middling, ulilrh wpJI llln.trnie thr loon I ntrongth: Now Orlnin. 11 S-Mo^aalynton II"- “ L'lay Now Orlonn. II .7 1«o: tialvoaton lltio: Hn- vnniuili I "So; Momphl, 1015-lHo; llon.ton, 11 l ift-."—Hlliort A L'lny. T IndlontM tract ,f rntn ts B. MAjnii'itv, Section Director. uiust.-inl, . Potash. 63.254* . 5%c. Rope, 4-ply it»t-, So;ip, ILutro t case. I WEATHER FORECA8T. day; Wi-dueulay fair. -Fair and «*«>|«|it fair nnd Alabama-Fair Tnesihty: i-ohler in north l portioto; Weiluesilay fair and colder in mtutb i portloti. irfanisai. Tenne»**ee and Kentirnky—Fair and roller Tu«*k«l.i\: Wednewlsy fair. i East Texas-Fair and colder Tuesday; t Winlnesii;i> fair. West Texa*-Fair TneqiSd'y. except p«mmi|- | Mjr rain or snow lu evirvute West port km; Wfduiwday fair. HUBBARD BROS & CO., MERCHANTS Atlanta Offices. 1I9-J1I Century Building. Members New York Cotton Exchange. New Or- •e«n* Cotton Exchange. Liverpool Cotton Asao- ciatlon, Chicago Board of Trade, New York Cof fee Exchange, New York Produce Exchange. Business solicited for the above exchanges. Direct wire aervite. Correspondence Invited. Phones 454, Long Distance 39. A.S. Huitncc. Mgr. SEABOARD AIR LINE. .Following wore the dosing quotations of seaboard Air Lino stocks and imnda: Hid. Aaked. Himlnmnl Air common.... 23% 24 do, first preferred . 80 84 do, second preferred.. ...... 50 Tit do. ten-year 5*.. ...loo ioo% do, tliree-yenr 5m 99% 99% ■l°* <" 81(5 82% ••line, and December liquidation and the blf receipts. reported at the Braxlllan porti brought out more long coffee for local tc* counts and attracted considerable European selling of September and the later posltlow. The amount of.coffee recslted at the tw« r orta so far for the season has been about 830,000 bags, agajnst 6,861.0)0 bami Ug year and an excess of practically 3,000, naga this year over laat, and even if re ceipt* from now on should run *• •»»» ns those of last season the total crop wowa Im» over 13,000,000 bags, where** the mow* luent nt present Is near double Inst years Of course the crop may have been market** very rapidly, but allowing something tor thl*, there la every Indication that the crop has been a monster one.—Glbert A Clay- Following Is tbi opening range «M close In the New York coffee market Df today: , Opening _ Range, , ..5 .W-6.00 5.M-2 .. ..6.00-6.10 6.15-6.20 6206.30 . ...6.35 January.. .. . February March April May* •* June .. July .. August September. , . October • .. November December.. .. Closed quiet. .6.40-6.45 . .6.45-6.30 ,.6.55-6.60 ,...6.66 . ...6.66-6.75 ".Jl.8ft5.9u 5.95-6.M 6.064.1S 6.154.2 6.204-3 6.304.C 6.354.44 6.45454 6.50451 6.554.44 5.^4.« ATLANTA NATIONAL BANK ATLANTA, GA. C. E. CURRIER, President. A. E. THORNTON, Vlee-Proaldent H. T. INMAN, Vice-President. GEO. R. DONOVAN, Caahler. JAMES 3. FLOYD, Aea’t Caahler. Capital $500,000.00 Surplus and Undivided Profits $500,000.00 We Solicit Your Patronage. ‘ Safe Deposit Boxes For rent in our Vaults in the basement of tlxs Empire Building for only $5.00 each per annum. Absolute Security and all Modern Conveniences You should not be without one. IVe invils you to call and inspect them. Title Guarantee and Trust Co• |