The Atlanta Georgian. (Atlanta, GA.) 1906-1907, November 28, 1906, Image 10

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WEDNESDAY, NOVEMBER 58. 19M. Mice! Were Lowered on * Profit-Taking Sales in First I Lour. A HOLIDAY MARKET Undertone Steady in the Af- . tenioon at Prices Slightly Above Tuesday's Close. New York. Nov. 2*.—fftrefiie-rtr at the outset of the local cotton market wan ac tive. iiinl prices wore Just about nt due on the cables. The lUt failed to bold, off- ud within five i here had drop- Trade ap peared to I*. chiefly fui nceount. Trade wan not hlefly through • were ateudy Liverpool till* morning w period mi New York s oh id Ihe future* department. CD an extensive scale, and dullness prices at I lie do Sfto points lower. Following t« the 1 ’ rfltitfe in the octlre mouths lu Liverpool today 4 . . y Opeu. Hlirh. Low. November.. 5.97 5.99% 5.94 Jauuar.v-Fel»riiar.v 5.75 5.79% 5.74 March-April.: 5:7.'. 5.81% 5.75 14ny-J,ui|c.* 5.79 5.83 5.7H Hoofs were quoted 8 points lower for inhfdHtig nt*6.i:ld bn sales of 8,000 bales, n ■light increuw* In tnkiugs by spinners. ./tint .bulls were In u leylcnt mod tills uiojulijg. 'ind fed- tin* short* with snffl- denl cotton to.break the market some Htfill points during the dnrljr trading. On tIn active months first prices were 2©4 points lower. I'whanged prices were due lo re spond to Liverpool’s showing. From the opening figures the decline noted ubove oc- fctmed in the first Iitur’a trading. In the first hoar oC the uC ter noon the uinr- ket had a holiday nnpearunce. though prices bad milled several points, and were 'selling at it bout the eloslug of Tuesday. The New lork Commercial In review* of the cotton market on Monday morning Private Wirt .'to filbert:& Clay. * ■ New York. Nov. 28^-Lfverpool at 12:10 p. m. wnn 3 and 3% low*er. Atmut ns expected. tin- 1bift .hifflfa we should open uuduuiged. Op anjrrfkcsaloi fndii these price* wo Id Texas. One hundred and forty-eight members of the Liverpool t'otton Exchange give average estimate of 12,443.000 bales ns thta year's tuiiitles.— c. I). Freeman. Journal of Commerce: It Is becoming In* (‘iislngly dlfTleiilt for small buyers t6 And In the dlfTerent houses beenuse of the ear nest hunt that. In being made fur gome style* of g<»ods. The export trade ns a whole shows improvement in the For Fast to the extent of more business passing with, the Mr. Lively** twenty-flvo years' experience of ed iting markets In Atlanta and tha Sooth baa made Idm a recognised au thority In h!a specialty. TIPS FLASHED From Wall Street. RANGE OF NEW YORK STOCKS AND -COTTON MARKETS weight sheet lugs to replace sold for llgl.. goods established III the .... ter feature shows that some trade la being done, and It Is accepted ng nhmvlng n re covery from the utter dullness at) frequently noted In the past five months. I Hledenbvrg & Co. have compiled the crop guesse of the members of the exchau The work was completed yesterday, but J Hb-denberg said tluit It would not be given out until today, and pledged himself that It should not Is*. lowing from Bush A Witherspoon of Waco. TeX.: "Owing to the enormous demand all grades are on an unprecedentedly high basis. Heavy rains. Light offering*.' Ex pect higher prices." ^Ni'W Orleans, Nov. 28.—Liverpool down Is better than expected on our mar ket. a decline of 7 to 8 points being ex- pi*eted. Liverpool cables: "Egyptian Iioujipj buying. Think local Interest long." The Gulf Bag Company of this city,., estimates received and making due allow aneea for variation* based on previous ■nr*, estimates this season’s crop at 12.489, says cling In the ,., v ... confidence cotton market such as Inis not be this season. The market wants to ad- .vnnee, and .tile bulls sceu» convinced that the spot situation, which Is the real basis of every honest future market, fu Juch ns makes higher prices Inevitable. There Is ninny* a strong professional crowd to the Idea that the public must nl* in the cotton 'market has not been any too successful recently, and would hardly care, perhaps, to try to sell the public all tin* cott <v/uid bur. It the buying movement », ever really get under headway. "There lias been no ehnnge In the . eoiiditloiis lu tlic Hottth, unless It Is that they arc growing more acute. The gu grades can tint be had, and prices of grades nre ud\am-lng rapidly. The Hoytli lNinght freely yesterday, which must I taken as an expression of the belt’s Idr of th«* spot situation. signs of easiness. Then* appears to lie less Inquiry on the part of buyers, but It Is dlf ficult to get s lhie on quotations as yet. The weather map shows continued show ers in the i western belt and clear, dry weather east of the Mississippi river. The went Iter Is much colder throughout and In dicate* n further drop In temperatures. '"** ■ western forecast Indicates partly ably GIBERT & CLAY'S DAILY COTTON LETTER. tie time during the il showed nny weakness. Wbe* Seemed to be- I» few buying oi n tin* llm»r. then* was hammering day dors hick „ that*there arc short In terests still fighting. The hammering could not hold the market down, however, and then* was u rally after each decline." The seiul-weekly movement Is as follows: ltccclpt* 147.664. against 120.992 Inst y**ut and 142.701 In 19)4. Shipments 1X008, against 97,369 last year and 109.221 lu 1904. Slock* 412,3«», n, ITa.Iffl lasl^yeat am, —. «. ... ----- Tin* New orifana spot market is said to ' Ini Vi* steadied up considerably ami holde are reporled as refusing to grant eonce shuts. The market Is now' said to be ui changed. It is officially staled Hint the census bureau will try and Issue Its reiwrt before no*m on Saturday, December 8, but the rejmrt must In* Issued on tills date 1st- cause the bureau of statistics requires this Information for its estimate of *• crop, which will lie Issued on the 10th. Fluctuation* were narrow during nttenM«»ii. the close being steady net 2fl« points higher for the active months. No* vemls-r cloned 25 pnlnti Cmnparatho receipts at all United States iports: elpts today 54,899 itu day Inst year.. .. .. ....... 48,Oft) . 6,829 .. 245,748 ... 233.826 .. 11,923 . 4.153.598 . .3,910.613 .. 213.085 New Orleans, Nov. 2S.—Liverpool options ruled sternly bqt f#nturfl6s* frith-a very good undertone to the, market mid (T dis |M>sitlon to still look with fnVor upon cut- levels. Options closed 5 jmlnt* Ic while spot sales nniounted to H.000 bales .at a. loss In quotations of 8 points. As yet the relntlve weakness of the sltimtlsn . has not become fully Influei Today’s development* undoubtedly denote less activity on the part of buyers, and In many Instance* It Is reported that the de mand I* actually subsiding. However, the drawing of the month to n dose Is always n source of some uncertainty and It may vent unity prove that the present lull but * fleets u temporary state. Nevertheless It Is safe to assume that, should the display a tendency to decline, the lei mi nd would lieeoine more of a reality and thus the market would find itself with out Its most Influential support. For the time being It Is advisable to pro reed cautiously If for no other reason tnan that forthcoming events of the greatest Influence are shaping public sentiment may upset the most conservative calculations. L. J. ANDER80N A CO’S. COTTON LETTER New York. Nov. 2«.—The market gave con siderable evidence of strength tislny, though niter the opening the liquidation of small *mgs who had no .faith in their convict' jtUHcdNlnndnry to-sell down to 10.39. F i Ills - point, there was n quirk rally Isick to the opening figures, where the iuarket ruled steady all day. Then* was some disposition oil Iw.th sides to get out over the Thanks giving holiday, but In the main the market was - steady and quiet. Itecelpts again failed to run In line with the expectations of the large crop theorists, but were slightly over last year. Hentlment Is still decidedly bullish, led by the atrength of the spot situation, but there is a disposition to tnke profits on ull good rallli more perceptible fnlllni -jjore il« „„ . the other hand, there Is ir — , , ...Ulna off In the receipts or somathitig more definite is known ns to the crop. On “ ‘ ‘ ' WEATHER FORECA8TT Total receipt* since Beptetnbe ‘Same time la**t year Estimated tomorrow: 1906. New Orleans 14.000 to 16,QUO tiulvestoil. 20.000 to 23.000 Houston ia,ow to i5,ooo .Movement nt Atlanta: 1905. 13,620 17.300 tleorgla—Fair Wednesday; colder lu east and south portions; Thursday fair. Louisiana and Eastern Texas—Partly oudy Wednesday and Thursday. Western Florida. Alabama and Missis sippi—Fair Wednesday nud Thursday. Arkansas—Fair Wednesday; colder III •ast portion; Thursday fnlr. Western Texas—Generally fnlr Wednesday and Thursday; tmnsibly rain or snow Thurs *«.v In extreme west portion. Tennessee—Fair W«*dueaday; colder In east portion; Thursday fair. PRIMARY MOVEMENT. following figures give the primary movement of wjieat and corn: Wheat—Itecelpts today 860,000 bushels; Inst eek 862,000 bushels, nguinst 834.00a bush el* Inst year; shipments tislny 745,000 bush els; Inst week 501,000 bushels, against 328, uoo bushels last year. ts today 819.000 bushels; last usliels. against 645.000 bush- CHICAGO CAR LOTS. Todav. Tomor. INTERIOR RECEIPTS. The following table shows receipts a: the Interior towns today, compared with the came day last year: '... 1906 J440S 1582 11257 4781 1783 ATLANTA. CA STOCKS. BONDS. COTTON. GRAIN. corrcc. paovis/oNs NKMMMt New Orleans Cotton Exchange. | Chicago Board of Trade. NAME OF STOCK. Americas Sugar Bif. . Anaconda. ....... American Locomotlr®. do. pra tarred. . . . . Am. Smfeltmg Bef. . . do. preferred. . • . Atchison. ....... do. prafarred. . . . , sarlcan Cotlon Oil. . Am, Car Foundry. . . B altimore A Ohio, , , rooklyn Itapld T. . . Canadian l’aclflc. . • . “ rago A Northw'n. . japeaka h Ohio. . Colorado Fn*l A Iron. Central Leather. . . . do. preferred, » . . . A f1ee-*t W, . . Chicago* M. k St. P. . Detuwarn A Hudson. . Dleflllrr’s Securities. . Erl do. preferred. . • . Oeneral Electric. • • . Illinois Central. .... Am. Ice Securities. . . Lotuevlllo Ac Nashville. Mexican Central. . • . SffBSourt Pacific. . . . NAME OF!.STOCK~ N. Y., Out k Western. National Lead. .... Northern Pacific. . • . New York'Central. . . Norfolk k Western. . Pennsylvania. . People's Gas. . ... • . Pressed Steel Chr. • • do. preferred. . ... Pacific Jin 11 Heading , HepobllcJUeeli.. .i. . Rock Island do. preferred. . , . United States Uubbet. . do. preferred. . . • Hotitiicrn Pacific. . # . bouthern Hallway. . . , do. preferred. . . . Hlosft-.SbefflelfJ. .... Tenn. Coal k Iron. . . Texas k Pacific Union Pacific. ..... United States Steel. . do. preferred. . . . Ya.-Car. Chemical. . . do. preferred. . . . Western Union. .... Wabash . do. preferred. ... Wisconsin Central, , . do, preferred. . . . Total stock aalew today 661,000 shares. NEW YORK. Nov. . . Her. . . Jan. . . Feb. . . March. . April. . May.. . Hi 1L25IU.25 10.60 10.61 10.60 10.63 10.70'10.72 Closed steady. I ill ll. no 1" 10.41-42 10.49-51 10.60-61 10.65-67 10.71-72 10.75-77 10.78-79 LIVERPOOL. The following range. 2 p. m., t yesterdny f a close. Futures opened.easier. Opening . Previous V • flange. 2 t>. m; Close. Close. November. ..5.97 -3.97V4 5.96 6.96 Nov.-I)ec. . .5.7W5J5 5.82 6.82 K.b.-M.rcb, sS.JS -R.78 5.70 5.76 M*r.-April. ..6.76 -5.7814 5.79 6.76' Aprll-MITi . .3.7614 5.8IV4 5.79 5.71' Mnjr-Jum'. .'.6.79 -6.81" June-July. . ,5.80w-6.: July-Augnat.,5.82 ‘ i nly-August.,5,82 Closed steady. NEW ORLEANS. Til* folio win* l» tli® rant® in cotton fa- tare* tn New OrlMm today: I 5 53 i 111 1 n b’j Nov. . . • . Dpc. .... Jan Keb. March. . . . April. . . . May.. . . . Juno July.. . . . 1045 10.75 10.82 iV.oi u.ii iasi 10.82 10.92 U‘.06 iV.is ibies 10.66 10.77 10.96 lV.07 .....110.93 10.81 10.81-82 10.8210.01,-82 10.88-95 10.91 10.82 .....110-98:11 11.06)11.06-07 ...<.11,13-15 11.1511.18-20 10.85 10.75-76 10.75*76 10.82-84 10.86-87 10-93-95 11.00-02 11.07-09 11.12-13 Closed steady. NOTES ON GRAIN. Pointers on Provisions. I'rtrnte O'/rc to Otlicrt & Clay. Chicago, Nov. 28.—Cables nre steady. Evening up December contracts will prob ably Ik* the I inport a tit trading feature to- ' Think May wheat s safe purchase. a decidedly firmer, with cash houses buying DecemlHM*. No pressure on the tukr- ket. t’heat o|wned steady to a shade easier with the trade very slow and n little De cember liquidation tinder way. For the first time in a number of week* the north- west cars nre ahead of last year. ‘ 'revision* higher on the higher hog mar- . ng of pork . iuInmIoii Iioumcs. The local longs took profits on the bulge. The Chicago Journal: "Cables and week ly world-statistics favored the holder. While world's shipments for Inst week ran over the estimate, the total Was 2,072,000 bushels smaller than for the same week ln*t year, with Busslan and Dnnuman ex port* smaller hud American larger than last year. The two former countries ex ported 5,240,000 bushels, rnmpnred with 7,- 248,000 bushels lust year, and America 3,688,- U)0 bushels, against 3,328,000 bushels last year. The nmonnt on wean passage de creased 224,000 bushels to n total of 28,792,- 000 bushels, or 5,152,000 bushels less than was afloat last year. Liverpool stocks do- creased 248,000 bushels for the week, and the total lu* that market Is dropping back closer to tln\ figure* of ay ear ago. at 4,552, - bushels, nguinst 4,016,000 bushels Inst WHEAT OPENED . RATHER HEAVY Professionals on Bear Side of Both December and May. Chicago, Nov. 28^—The grain market' Is rathor heavy under further liquidations of December, which showed n decline of *io immediately after the opening. I^ocal pro fessional crowd Is on the l>ear aide of both December and May optlous. Cables arc steady, with trade rather light. CHICAGO GRAIN MARKET; Open. High*. THE SUGAR MARKET. New York, Nov. 28.—Refilled and raw NORTHWE8T CARS. The following figures give the northwest cars of today, last week and last year: Last Last Today. Week. Year. MIuileniHills 301 245 338 Duluth 244 264 199 THE METAL MARKET. Sew York. Sor, 21—.V steady tour pro- oiled In tin, copper, lend and si»elter, which were quiet and unchanged. SOUTHERN JBXCHANGE Oldut E-tAbUnhcd Office South. COTTOM STOCKS—BOROS—GRAIN Ground Floor Gould Building. Dally market letter and market manual mttled on application. LARD— Nov... 9,47% Dee... 8.75 Jnn.... 8.60 SIDES— Jan... 7.82% . 73% .. ' 73% SL.77# 74% i 77% & 77% . 43 L* 43% 44 44% 42% 43% 44^ 43% I 3.7% 35 33 33% $ OS , 32% 14.65 15.02% 14.65 15.02% 14.52% 14.85 14.35 14.87% 9.56 8.75 8.32% 73'4 78% 9.25 . 8.70 8.47% No. 2 red 74074%; No. 3 do 73074; No. 2 hard winter 740?5; No. 3 do 72074. THE LIVERPOOL GRAIN MARKET. Wfceut—Opened unchanged; nt 1:36 p. % higher: closed unchanged to % lower. Horn—Opened unchanged: at 1:30 p. in., %U% Ulgner; closed % higher. NEW YORK COFFEE MARKET. New York. Nor. 28.—The coffee market opened steady at unchanggjl prices to a de cline. of 5 points, only one month being lower, and during the early session ruled generally steady wltti prices at mld-duy unchanged, to 5 pointa higher: The adyanco was dpe to small offerings nud some de mand, probably for short account, Much as might bo expected-after the recent severe declines on the ere of n holiday. Receipts at the two ports were lighter nt 86,000 bugs, but the Interior anntos movement was heavy, Juudiahy receipts reaching 62.000 hags, against 18,000 hags at the same time last year. The Sho Paula receipts for the day were 71,687 bags, against 28,182 bags nt the aame time last year. Trading here was quiet and sales nt mid-day were not much over 17,000—GIbert k Clay. Following Is the opening range nn<\ close lu tai • today: New York coffee market for March April. May ; June. I .... July... .... August September Octolwr November December Closed steady. ....5.85 .. ..5.90-6.00 . . .6.05 • .,6.10-6.20 . ...6.20-6.25 ....6.254.30 ..5.80 Clow*. 5.75-5.80 5.85-5.90 5.964.00 6.054.10 6,10-6.15 6.204.25 6.304.35 6.35-6.40 6.404.45 6.504.55 5.65-5.70 5.65-5.70 COTTON SEED OIU Opening. Cioslug. Novem1>er 4i (&4:t 42 <tt44 iieeemb«r 38 38%®39 January 36%fc37 37 S£37% February 36«4&37 36 ^37% March 3«%«|i& 36*4037% May 36%038*i 86%©36% Hales, 100 January at 36%. Closed steady. Private Wire to GIbert & Clay. New York. Nov. 28.—Marshall. Spader & Co.: "In view of the elimination of some disquieting Influences, Including fears of more acute monetary conditions and n more favorable View of the I’nloli Pacific report and Great Northern distribution, we think the market will respond today by u show of strength, and recent trading sug gests this tufty, take the form of au ad vance In the coalers. Baltimore and Ohio and the Coppers,, .with. a further advan< in Union Pacific and Atchison." Dow-Jones’ summary: Americans lu Lou don flrtu %<t%. purity. Copper stocks In Loudon show strength, and general market is firm, Light demand tor stm-ts lu loan crowd. .£*Huiated Atnaiganin*“i |a $36,006,000 net .*urhlngs te<i Copper will show next year, northwest delayed Estimated Atnalgi 0,006,000 net euriil Cinifn movement by car shortage. No special Mtrlnge paled over holiday. Twenty-two roads for third week In No vember show average gross Increase of 6.14 per. cent. Twelve industrials advanced .28 per Cent. Twenty netlre railroads advanced 1.06 per cent. New York Financial Bureau: Among the best purchases we believe should be In cluded 8t. Paul, Heading and New York Central, so far as Immediate movements nre Indicated. There Is good reason for believing that Unfoii Pacific-will be put higher. .The re actions lu these stocks in the afternoon of yesterday was realising, and n professional drive, but the higher Loudon this morning shows the hollowness of the professional uettou. We regard Copper ns n good purchase, and believe that It will go much higher Inter.' Atchison ia also In position to advance an soon ns the slight check around 193 Is removed. The Hill stocks. Great Northern prefer red. Northern Pacific and also Northwestern are tipped 4»y high-grade houses. Anncondn Is tipped by Boston for 300. We are very favorable to Louisville and Nashville. It and the Bouthern nud South western railroads should be bought to hold for a long time. SEABOARD AIR LINE. do, first preferred.... do. second preferred., do, ten-year 5s.. .. ., do. three-yenr 5s.. .. do, 4s. ..160 .. 99% .. 81% L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, 6RAIN Correspondent’s Capital $250,000 RCfKHCNCC, THE NCAL BANK PHONE 1417. PRUDENTIAL. BLOC Safe Deposit Boxes For rent in our oaulis in the basement of the Empire {Building for only $5.00 each per annum. i Absolute Security and all Modern Conveniences You should not be without one. We invite you to call and inspect them. Title Guarantee and Trust Co. Near York Stock Ex eh*-, , - & New York Co»u>n Exchange, New Orleans Btork Exchange. New York Coffee Exchange. New Orleans Board of Trade. PRIVATE WIRES TO ALL EXCHANGER. Local and Lang Dlatanca Talaphona *298. C. E. KEPLINGER. Manager. , ALONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS Einpire Building. Beil Phone, Main 8j6 ATLANTA* GEORGIA. STOCKS REVIEWED BY NEW YORK STJN New York. Nov. 28.—The Sun says: “A sharp rally In price* of stocks occurred yes terday of the kind following n three or four days’ depression In the market that .Wall street has become very much accustomed to. While there were various developments of a sort that would ordinarily l>e accounted ns favorable to values, the strength of the market was clearly attributable tit the inntn to the buying back of stocks by speculators for the decline In the more.or less violent manner In which that operation Is often ronducted. There were, for one thing, signs of the tightening In money rate: the end of the month, which was for s time a source of anxiety, real or suppom-u. In speculative circles. In the Iomdon mar ket money appeared to Ik* somewhat more In demand than It was here, estimates pre vailing there that In spite of Bank of . Eng land’s large recent gains lu cash there will Is* shipments from London to Houtli Ameri can tlnanclal centers of something over 82, 000,000 a week between how and the cm! of the year. A large speculative account In .American stocks was also sup|Hised at the end of the Loudon settlement and the contango or carrying charge of them* stocks until next settlement ilay averaged over 3 per cent. Union Pacific annual report, to which publicity was given yesterday before the opening of tin* market, made upon the whole a favorable liupresslou even If It at tested that estimate* that IMve recently been current regarding (he earnings of the company lu the last fiscal year were un duly exaggerated/’—GIbert »V Flay. STOCKS IT START WERE Recent Market ^Leader? Showed Declines in tlm Early Trading. SOME ISSUES STR<)\o •Those Not Fully Slmring j n Advance Brought to the Front., "■nlns BANK CLOSING NOTICE. Thuraday. November 29th,” “Thanke- giving,” ia a legal holiday. The Banks composing the Atlanta Claaring House Association will ba closed for business on that day. JOS. A. McCORO, President. DARWIN G. JONES, Manager. N|»’ York, Xov. 28.—Prices , higher on tt>e exchange l his m, but the beat figures oFthe ,1a; made within the first fen'minutes Ing. At subsequent Intervals tmlivirtu-il Stocks went higher. New York ( Vntn was particularly strong, the rls,- presumably based on the Idea that the subscription rights cens, traded In after today the spemSS situation In the stock will be material] Improved. The minor Vanderbilt is sues were bid up In sympathy, an,| <■ a tjme there was some rather vlg„ r „ u buying of such specialties as Hrookh'n Rapid Transit. Denver and Rio rirande and Ontbrlo and Western. Hut more prominent storks, such us mien Pacific, St. Paul and Rending. , freely supplied at the opening sank gradually lower with the of the morning. The announcement „f fresh rights to the shareholders „r n ie Hill roads caused some buying Northern Pacific, but upon Creat Northern It had no effect. Some f were entertained of a run up in nr rates at the close of the day. and peclally as the banks report nt sub-treasury their weeks’ loss lucre; to $3,000,090. The stock market ruled irregular il„r. Ing the first hour with some stiengtli In Issues that have not yet shared fully In.the advances made In the )| New York. Central ivas a prominent feature, mnklng a gain of 1 7-s i„i|ni. St. Paul dccilgeil from 184 to is: 7-t nnd Union Pacific from iss i-t r- 187 1-8. Oreat Northern preferretl frura 319 to 317 1-2, and Northern purity from 224 1-2 to-222 1-2. Kansas and Texas declined 1 1-2 to 4.1 3-4 London, bought .20.000 shares, rtnwtiy Kansas and Texas and Union PacHIc. 1 Government bonds unchanged, otbei bonds steady. LONDON STOCK MARKET. |Op u Cli ..il63% ... 1U2 JU9h Ainnlgjiumtvil Cupptr.f Alinvomla;.. .. fl«». prvfeiT»M|.. .. .. Bnltlmori* nml Obi«».. UaiiiHlIaii I’a cl fir 1X2% lv Chesapeake and (Milo.. ,-55»* .... Denver and I(l« Grande.. . . 42 3 4 . Erie 44L F. d«». preferwir. .. I 7*>1<E Til 1 , Greiit Western 18%1 Illinois (’iiitral * 176^ i , 17fi , i Kansas and Texas..* .. 43S •lo. prefem-«l.: 71H ,Louisville and -Nashville. . .146 * U'i Mexican Centra I.. .... 24L New York Central.. ' 13D l::i Norfolk nnd Western.. Northern J’nelHe.. .. Ontario ahef Westerq; . I'eiiiisylvanla....-..-.v l'hlladelnhla and |tealiing.. Hock Island.. Htmthern I'ucilie... •.. .. .do, preferrtsl.^ .. .St. Haul Union Pacific... do, preferred United States Steel Mm, |»referred.. Walmsfi.. .. do. .preferretl,. ., 'i 3v«i Bxs-ii'i HXV/HS .IF.’, THE AMERICAN AUDIT C0MPANV Home Office, 100 Broadway, Xew York City. F. W. LAFERENTZ, C. P. A., President. C. E. Manwaring, Vice Praaident, Thao. Cocheu, Jr., C. P. A., Sec. and.Treia BRANCHES: YORK—WaMort-Aatorla. ATLANTA—Pofirth Nat'l Bank Bidi Building CHICAGO—Marquette Building. c °]° r ado Building. PHILADELPHIA—Ballevue-Startforii. NEW ORLEANS—Hennen Building, SAN FRANCISCO—Belden Building. .LONDON, ENGLAND—4.King Street, Cbegpalde, ATLANTA BRANCH 1015-18 Fourth National Bank Building. C. B. BID WELL, Resident Ivianager. Telephone, Main 872. cable Addreee. Admit. N. Y. Central Bank Trust Corporation WM. H. 1 PATTERSOV, Vice President. WM. D. OWENS, Awutant 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 0aqh (In Vault ...... $219,345.81 ua3Q (Due by Banks.. 486,052.81 705,398.62 WM. t. PEEL Pnaldaat. nOBEHT r. MADDOX. Vic. Pr.ild.at THOMAS J. PEEPLES. Cu.blcr JAMES O. I.ESTNII. A.P.t.nt fiuHW- .IAS. P. WINDSOR. AftSl.tnnt Ciuhl.f MADDOX-RUCKER BANKING COMPANY. CAPITAL $200,000.00 SURPLUS AND PROFITS . . $500,000.00 Accounts, small as welt as large, invited, per cent interest paid and compounded semi- annually in our Savings Department. $2,210,343.26 LIABILITIES. Capital Stock.: $. 500,000.00 Undivided Profits (Net) 42,689.39 rwncifc (Individual.... $1,013,584.91 Deposits.. <Banks 616,243.96 1,629,828.87 Rediscounts 37,825.00 $2,210^343.26 LOWRY NATIONAL BANK Designated Depository of the United States. CAPITAL 7 $500,000.00 SURPLUS ... ........... w UNDIVIDED PROFITS ..... ;!*! .* ” 140,000.00 A general banking business transacted. Foreign exchange, Letters of Credit. Corresponds direct with the National Bank of Cuba. _ u r if" 11 Bawklna, Pr-aldrnL . * • . JLiik awTlS* Tuomap c.'Knrtn. Aaaf. Caabhr- Jo«pb A. MrcorJ, CaiMcr. a. w. Urtr*. Aml CaaWer. Third National Bank Capital Surplus •?r. A- *f. Cnlbana. Mlltoo Dorgno. Jah^, W. QraeL • . . . $200,000.00. ■ . . . $300,000.00. DIRECTORS: j. H. Nonnnlly. frank ftawfclnw J. r.rroll 11. M. AMHnoma E. B. lto«.r. Jauq.h A. UtCoi David Woodward.