Newspaper Page Text
I?. ATLANTA GEORGIAN AND NEWS.
. UIDAV. 0('TOBFTl It. IfWT?.
13
COTTON ADVANCED
IN EARLY SESSION
NEWg AND GOSSIP
of the Fleecy Staple.
Some Buying and Short
Covering.
ADVANCE LATER LOST
At Midday Prices Selling at
About Thursday’s
Closing.
Speclul to The Georgian.
(From Hayward, Vick & Clark.)
Now York, Oft. 11.—J. H. Bach* & Co.:
Liverpool calilrs due S%<59 point* lower.
Opened steady 9 lower on near and 10 lower
.on Juti* months. At 12:16 p. in. wna quiet. 7%
Reports of Frost Induced &>?’’SSYtST’iSPUaS."*
Points lower: American middling 6.52; soles
10,000; Ain erica n 8,600: speculation and e:
port o00; Importa 15,000; American 14,800.
Liverpool cablet fully meeting the decline
ill onr market yesterday—futures about ns
due to come and spots 10 lower and a little
legs active; sales 8,000. Generally fair
weather predicted for tislnr and tomorrow
over the entire bolt. As tin* market de
pends wholly on the weather, and conditions
Ideal In that respect, we expect a further
mn rfced dedlne.
New Orleans baying here on frost re
ports.
A nu^ssnge from Houston, Tex., says:'
"No demand for cotton here; farmers _7‘t-
tiniff shaky: will unload soon; money tlgT!. 1
There Is some hulling of cotton on repurts
of had weather In India.
Market Inis n good undertone. Believe
market will have a slight advance.
Cotton higher on buying by Weld and
frost predictions for Oklahoma and Indian
Territory.
•rullowlug are 11 a. m. bids; October
10.81; December 10.99; January 10.91; March
10.99.
New Orleans. October 11.—Hayward. Vick
& Clark: Map not complete, but what there
Is Indicates a change for the worse. Ex
pect short covering on the weather out
look tomorrow and more on Monday. Would
buy the market at the opeuiug and on
any further decline today.
^VVhlte frost at Anulston, Ale*, lids morn
Liverpool cables: “Spots not offend as
freely as predicted. Look* higher."
Memphis wires: “M|K»ts not following
the decline In futures. The lending fac
tors here tell me today buyers nro engor
for cotton and paying barter prices thuu
a week ago."
New York says resoureeg for hnhlUg crop
are nboiit exhausted. Expect break In spot
cotton In the South soon. On this they
are selling It. We nre merely following
New York. Advices from New York an
bearish nml predicting decline.
New York weakened. Started se!li« *cro,
On any break today Would buy some. Ex
pect short covering over Sunday, owing to
wen titer outlook.
KNITTING AND WEAVING*
YARNS SHOW WEAKNESS.
Edited by
Joseph B. Lively.
ARKETS
Mr. Lively's twenty-five
years* experlenco of ed*
ltlng markets to Atlanta
and the South hns made
him a recognized au
thority In his specialty.
here started unchanged to 3 points higher,
mid after the call, was well supported f—
orofesslonnls. January advanced to 10,!
Weather conditions in Texts and the belt
generally were seasonable.
The Liverpool market dirt* pot fully re
spond to the declines In the American mar-
kefs on Thursdny, the close being steady
points l<wer. ■ ' „ *
ruder the influence of the steadiness
dl*plnyi*d by the English market, the New
York market for futures opened at praetl-
i-allv unchanged prices,. Immediately fol
lowing the call, prices started upward,
sad before the advance was checked. Dr-
cemher had sold up 13 point* nt 10.96 and
January 14 points (o 1O.02. At this polht.
felling orders appeared and prices ran off
rapidly to Thursdny** low point—10.76-
for January ami 1 -point below Thursday's
low-10.84—for December. '
In the In*V higher prices firmed oh
covering by shorts Induced by fears
of frosts over bight, the close being
very steady net 2 to 10 points higher
than Thursday’s closing figures.
Comparative port receipts:
—M **07.
Saturday
Monday .
Tuesday .
Wednesday -
Thursday ..
Friday .. ..
Total, week
Since September
31,984
.. 44,750 -
..63.487
.. 34,442
44,022
.. 42,060
. #250.745
..971,629
Estimated receipts Saturday:
1906.
47,768
62,674
84,389
46,646
50.696
63,177
355,350
1,288,103
1907.
New Orleans 3.000 to 4.000
Galveston 7.000 to *9.000
Houston 6,500 to 7.000
SPOT COTTON MARKET.
Liverpool, easier; middling 6.52.
Atlanta, quiet; middling 11%.
New Orleans, nominal; mliSmtuf 11%.
New York, quiet; middling 11.75.
Wilmington, steady; mldullttg 11%.
Baltimore, nominal: middling 11%.
Boston, quiet; middling 11.75.
rhlladelphhi. quiet; middling 12c.
Houston, steady; middling 12c.
Memphis, steady; middling 11%,
St. Louis, quiet; middling 11%.
Norfolk, steady: middling 11%.
Galveston, quiet; mlddllug 11%.
TODAY’S PORT RECEIPTS.
The following table shows receipts at the
torts today, compared with tho an mu day
last year:
INTERIOR RECEIPTS.
HAYWARD, VICK A CLARK’S
DAILY COTTON LETTER,
New Orleans. Oef. 11.—Liverpool was
steadier than expected. Futures fully con-
foriue.l to yesterday's decline on our side,
'"it did not go any lower. Our market
opened about 2 higher, nud there was so
little cottou for solo around the opening
tbat short* that wanted to buy In could
•mly take very moderate lines lest they
I"imi It up ngnlnst themselves. Belling here
only starts whenever New York breaks or
the Interior sends some hedge selling or-
" rs The more conservative bears are evl*
•Iftitl.v atrold of following the decline fur-
'her during the frost period.. Prices re-
«»»vwiv,l about W points, but there Is no
I'uil speculation back of these gains toehold
[/"•ai. Professional opinions and formasts
troin other quarter* nre so bearish It Is
#n "' , *h tif Intimidate the stoutest. Liver-
Kent rather a significant eabte say*
y- ,"™»utli not ntTerlug ns freely ns pre-
atetPfi; t*x|H*et recovery." rreih the Interior
*•' learn that the lutd outturn of yield In
Mie central nml western states is keeping
'ip confidence In the staph*, and that big
in l iners are buying up the product from
Mina Her farmers, and that quite Independent
"i U| .» union movement. The weather map
MmwK generally fair weather In the belt,
m- rnit} wave has Increased In Intensity
nii.'' ,nov lug eastward, raising the proba-
'•mty of frost over Btiudny In Arkansas.
i*nii.-KKee and North Carolina. New York
sen gened toward noon, and otir market
Promptly followed. The opinion that re-
■"iiri-efr for hohllug the crop are nbout all
^iicngeil, la being expressed oti many sides,
it,,,i „ i—.»— con# .
New York. Time will
i - so or not. Meanwhile
continued' tienrlsh prophecies are
”v"" V? have n demoralizing effect.
York, Oct. Jl.—r. H. Burlin' 4 I’o.:
If, *»• . ,,nt surprising that the .market
siiould have lind n little recovery from
‘. ff'w a serious decline. This Is n very
natural occurrence In h professlonnl market,
•"'••rpoot ,-nbles wore nbout ns due, nml
"cather was generally fair all over the
bm i l* '* being expre
• «d it break In sftot »i
Umjtly ndvertlissl by N*«
If 1 * "hether this Is so
The New York Commercial: Much Inter*
est Is being taken In the new quotations
msde on cotton yarns. The variance be
tween prices for near by delivery nml con
tract Is wide and bu
more than ordinary pi ... ,. _
contracts. Both knitting nml weaving yarns
nre weak and no attempt on the part of sell
ers to force sales Is being made, ns this
would only complicate matters. The market
on staple cottons Is easier for the buyer
and orders on sheetings, drills, denims nml
nsnahurga for forwnrd delivery nre being
placed with Southern mills to some extent.
rrlnt>rs nre reported ns tnkhig regulars ns
they come_along‘for near by nud forward
delivery, find there Is no apparent weak
ness on narrow goods below the revised
prices. Iu tho Jobbing trade stacks tre
sold down close tor fall nml winter de
livery. and on knit goods, hosiery and white
good* especially, the Jobbers find difficulty
In replenishing stocks from first hands.
Some of the largo silk Importing houses
declare that they have a larger business In
hand for spring delivery than they have
handled In several seasons. Their fancy
silks and medium-priced staple blacks nre
especial favorites. On forward contract
white goods houses and embroidery houses
nro booking orders for fall of 1908, nt prices
which show no decline from those ruling
for the present season. Th effect of a de
cline In cotton has In no wuf been reflected
In the finished product* lu fine white goods
and embroideries.
Print Cloths Irregular.
With values on print doth showing
marked Irregularity on forwnrd contract,
most buyers ore holding back their orders
on iKith narrow and wide goods. While reg
ulars hold firm nt 5%c, narrow odds are
selling Irregularly. Borne agents offer 28-
Inch 64 by 60s at 4%c for delivery, begin
ning January. Wide gray goods have, been
worked down to C,%e with only moderate
forwnrd calls from converters.
NO EVIDENCE OF SELLING
PANIC AMONG HOLDERS.
New Orleans. Oct. 11.—The Timrs-Demo-
ernt: “Yesterday's cotton iVtrket decline
ngnlu demonstrated the futility of counting
>n speculative support lu behalf- of the
tnple so long ns the friends of the price
are denied the co-operation of the 8outb.
The spot basis will Imrdly be permanently
weakened bv the depression of futures; but.
on tla* contrary, should he strengthened
perceptibly, for there Is yet no evidence of
a selling panic among the holders of s^tot
cotton, though Drive enemies nre vigorously
xploltiug predictions of one. In this
New Orleans, which, difing recent years,
hns led lu nil price advances, * now com-
pi ten ted by a labor strike which Is tying
up cotton, by the absence of support from
Its natural allies, hud by the fet that
the future price, dlscoiintln ns It does the
less desirable cotton rather fhan basis mid
dling. Is being looked upon by the consum
ing world ns a price ndvoente little to be
the South until
called for. is now a less eager buyer than
would be the ease tinder normal conditions.
On the surface of the things one would
suppose tbat despite the labor strike raer-
,-hauls would tnke advantage of the sharp
discount at which Ortolwr Is lulling under
spots in call for cotton ou contracts. -
Hayward, Vick & Clark.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
NAME OF STOCK.
Aumt. Copiwr. ....
Am. Ice Securities. . .
Am. Sugar Refinery. .
American Smelting. .
Am. Locoratlve. . . ;
do. preferred. . * .
Ain. Car Foundry. . .
American Cottou UU. •
Anaconda
Atchison
do.preferred. .
Atlantic C. Lina. . . .
Brooklyn Itnpbl T. . .
Baltimore \ Ohio. . •
Chesapeake A Ohio •
Canadian Pacific. . . -
Chicago tc Alton. . . -
Consolidated Gas. . . -
Central Leather. . . .
do. .preferred. . . .
Colorado Fuel & Iron-
Corn Produce. . .
Colorado Southern. . -
Delaware 9t Hudson. .
Denver A Wo Grand*.
Distillers’ Securities. .
Erie
do. preferred. . . •
General! Electric. . . .
(•rent Western
Northern pfd. .
Illinois Central
Interlioro.
do. preferred. . . .
Kansas Sc Tsxas. . . .
T0*
109% 109%! 104%
45%
3 is
5 I 2
’MHI SC.i’
(0*
14*.
m
£
S5
sS
, J*
MHl M*) ....| »!i
NAME Of STOCK.
Louisville
Missouri pacific. . . .
Mexican Central. . . .
New York Central. . .
Northwestern
National Lead
Norfolk Sc Western. . .
Northern Pacific. . . .
Ontario & Western. . .
Pennsylvania
Pacific Mail
People** Gas Co. . . .
Pressed Bteel Car. . .
Heading
Hock Islam!
do. preferred. . . .
ltepuhlic Iron A: Steel.
do. preferred. . . .
Southern Pacific. . . .
Southern Hallway. . .
do. preferred. . . .
St. Paul
Tenn. Coal * Iron. . .
TAxas Pacific
Union Pacific
U. B. Rubber
do. preferred. • . .
U. N. Steel.
do. preferred. . . .
Western Union
Wabash
do. preferred. . . .
Wisconsin Central. . .
do. preferred. . . .
•123"
tei
. q
15%
i«i
IS
i
»8
25
m3 i
tohI
•Ex-diVidend 1% per cent.
NEW YORK.
Oct. . .
Nov.. .
Dec. ..
Jail.. .
Feb.. .
March.
April. .
May. .
July.
Closed steady.
h Si*
Z \M
iMifoTs
i ii
10.76 10.89
io.S3io.9G
11.0011.00
10.90TO.9S
10.96110.98
l6.76-77110.68-70
mngm*.6g.;o
1.86-M
10.79-KO
10.K2-H3
10.87-SS
10.90-91
10.93-91
10.97-53
10.81 .
11.91-93
10.96 96
10.96-98
10.93-99
10.99-11
LIVERPOOL.
Following figures give the opening range.
2 p. m. and close, compared with yesterday:
Futures opened easier.
Opening Prevton*
Kangc. 2 p. m. Close. Close.
October...... 6.04 -6.06 6.05 6.10 6.12%
Oct.-Nov 5.98 -5.99% 6.00 6.05 6.07%
Nov.-Dee.... 5.91 -5.93 5.92% 5.98 6.00%
Dec.-Jgn.,.. 5.87 -5.91 5.90% 5.96% 5.98
Tan.-Feb 5.86 -6.87% 5.88 5.93 5.95%
Feb.-Mareh.. 5.86%-5.88 6.87% 5.92 f#
March-April. 5.84%-5.87 6.8S 6.9f
Aprll-Mny..., 6.87% 6.87% 5.9L
May-June..... 6.85 -5.86% 6.87 6.92'
■Tune-July,... 5.87 5.87 5.92
Closed steady.
NEW ORLEANS.
Following is the range In cotton futures In
i
o
4
£
k
3
i
as
Get
Nov
Dee
Jan
Feb
March. . .
April. . . .
May. . .
July. . . .
i&N
ioIto
ton
tott
\\.w
1.04110.92
toMtoii
10.91(10.76
lV.oi] 10.87
L061L97
TTm
ton
lV.oo
10.97
117^.101 to.te-90
10.81 110.72
10.85-86110.76-77
10.8849 10.8041
10.94-96 10.87-88
11.03- 02 10.92-93
11.04- 06(10.96-99
ll.tB-HH. 01-02
ll.lt-f» 11.064R
NOTES ON GRAIN
Pointers on Provisions.
Special to The Georgian.
(From Hayward, Vick Sc Clark.)
Chicago, Oct. ll.—Bartlett. Frasier & Car
rlngton ~ J ‘
see nothing abend but
slight recessions
' [her prices.
Jorn receipts slightly over tho estimate,
hut the deurnud for cash Is extremely good.
Can see no reason for a decline In prices.
The demand for pats never was better.
year ends.
Chicago Record-IIerald: “The merchant
who believes the old theory of supply and
#T • , n,,r market opened 2®3 points np
j, r "» Idsf night's close and ruled steady
•i,. trausaotlona.. In the early se»-
market hnrdened si>me%rbnt and
••orerlng. chiimmI by forecasts
'father lu the h*lt, advaucM prices
,.points more. After the inure
*hort interest hnd covered their
advance was lost ngnln by hick of
* 1*7 rf B **d profit inking, prices returning
lx. 1 M i Mt ,hf * opening figures. As long ns
’ a* nous ilnmage 1$ done to crop by
..r , wr n,, here to favoring the abort side
" r the market.
ATI.ANTA M^VRKETS.
FRUIT AND PRODUCE.
E**,"iB—Active.
LIVE POUl.Tnv-Jifn# -»etl»*. (0©«y:
flilckon. Ifresh), St'.itiWr. Puck. (Pekin) 3*,'
tach; puUrj#.-. 39c each. Turkey, active, 11c
P nu7ssnn POtjjTRV-Turkerj drawn,
active, 30c pound; frlea active, 20CKHc lb.:
bena. t6c pound; ducka, drawn, fancy, lit.
P p’nonncB-Urd, I3c pound: hama active,
lfo pound; abouldera nctlre. lOQlle pound:
alilea active. 11c pound; hiitter, 1863(0 per
ponnd: Iweawa* nctlre. 15c pound; bonej
tbrlaht) active. 15c noun,I.
FRl’iTH—Lemons, fane, Meawnn. H.o»4»
I 75; hanuuoa. 3*ie iwund; pineapple., Flor
ida stock, J«.00«t.6u: I line-. Florida .took,
TBo twr huuilred. t’i'aniita In sack, aver-
Inc 100 pound, each, owlns to gtajde,
liSc per pound. Jamaica oranges, C.OO:
*1 apple, lStft:^: dried peaehea. Mil
14)4e; coeoanuta. «3.00 aaek: Georgia t>eoehe.
. ^BETAni.EN-Potntoe, per bushel 31.10.
aweet |>otnt.K'«. 90e«l.t». Onion, «Ut bn.;
Snnnlali, 11.50 crate; kraut H lairrel, S3.7a;
ealihage. X Virginia. i\>- pouu<I; Danl.h Je.
Celtrir. «0®T5e a hunch. Cnullgwoer, 10«
12%c pound. Lettuce, 82.251/2.50 per crate.
GROCEPtlcB.
HirK-Jnp. 5flfi%c; head. We; fancy
bead. 7«?7%o, according to the grade. *
. CUBKNE--Fancy full*cream. 1 ivr*; Gforahj
cane syrup. 37e gallon; halt. 100 pounds, wv?-.
axle grease, 11.75; soda cracker*. 6%e pound:
lemon, So; oyster. 7c: barrel randy, per
pound. 6%c; mixed, oer 3 pound*. (B&c; toms-
toi**. 2 pound*. 12.00 case; 8 pounds, C J6*.
uavy beans. 12.90; I Jinn beans, 7e; heat
matches per gross. 81-66: rancaronl. C%48«e
pound; sardines, mustard. 33.W ease.
BUGAH—Standsrd grannlatwl 6^0; New
York refined. 4.90; plantation. 5e.
COFFEE—Boasteii. Arbttrklef, 816.00: bulk
In hogs and barrel*. 12c; green,.11012*.
SbreildH. biscuit. tt,0f. esse; No. 1 rolled
oats. 33.26 rase; mek grtra^lf-ponnd bag*.
82; oysters, fnll weight,
advance values for sentimental reasons."
says G. H. Daggett, of Minneapolis. “<x*e*•
slonnlly takes time to pnnso nnd consider.
When he has done so of Inte these are
the questions which confront him the most
persistently: How much gold can a farmer
buy with his oats as compared with a few
years ago? Nearly twice a* much. How
much with corn? Nearly twice as much.
How much with barley? Over twice ns
much. Now how much gold will his wheat
buy as compared with those other years?
No more. Wheat almost every year sells
not so very fnr front 31. Now, then, and
this Is the point In question. If be can get
* * b as much for everything but wheat,
long Is he going to continue seeding
the latter? And If he has any wheat In
his hins, will he, do you think, rush It to
market nt such u tremendous discount un
der everything else on his farm from eggs
to horses? The present-day farmer spends
his gunny hours as of yore making bay, but
he puts lu his evenings comparing notes
with his fellows over tne telephone.*'
No precedent enn be found In existing rec
ord* for tlie Inrge decrease shown during
September In. the visible supply of wheat.
There was a decrease lust month of 5.709.000
bushels. The only September* In the last
twenty yenrs which snowed any aort of a
decrease were In 1896. when there was the
faint decrease. 192.000 bushels, nnd In 1906.
when there was nu even fainter decrease
of only 1,000 bushels. It Is also necessary
to go hock to 1895 to find nu October that
showed n derrease, supplies that month
tailing off 658,000 bushels. Increases during
September since l«rw; have ranged from
practically 10,000,000 bushels In 1901 to 3.300.-
000 bushels In 1906. The decreases shown
In 1896 and 1896 followed an era of low
prices, following tho panic of 1893. when
prices of contract No. 2 cash wheat In Chi
cago ranged from 48%eiff88c, the low point
being lu January of 1896 nnd the high In
April of 1893. The range for 1896 was from
63c In August to 94%c In November.
Decreased receipt* are promised soon In
•most of the wheat territory tributary to
Minneapolis. Farmers nre busy plowing,
previous to the freeze-up. and are letting
rhelr thrashing go unfit later. Not over
half of the thrashing hns been completed
lu the Red Hirer valley. Duluth Is paying
a big premium for cash wheat lu order to
attract supplies for shipment East, nud Is
gettlug more than her regular proportion
of tin* dally arrivals. Bouthwesteru receipts
have fallen off very sharply In the last few
days.'* Generous rains put the soli lu excel
lent condition for plowing, and farmers
were takJug advantage of It to prepare their
wheat land. J
Bronuihnll cables that drought In India
■till continues and the situation Is consld-
crctl serious. Bhlppers recently bought
back n cargo of Kurncbes wheat. Austra
Ran drought Is ut present unrelieved. It*
cent rain did very little good. Market* are
excited.
Kentucky crop report. wired by King
of Toledo, show* n corn condition October
MARKET UNSTEADY
FOR TOT EARLY
Wheat Started a Fraction
Better, Later Losing
Over a Cent.
ST. LOUIS CASH QUOTATIONS.
Wheat—No. 2 red winter 7. 1K%01O6%
Corn—No. 2 63%
Oats—No. 2 51%
Chicago, Oct. 11.—There *was an unsteady
market In wheat nt the opening today. De
cember started %e higher at $1.06%, but soon
sold down to 11.04%, %e below the cloie of
yesterday.
Corn was tip %c. but failed to hold.
Although Inte Liverpool cabtea quoted fu
tures only % to %d higher, the English spot
WEATHER REPORT.
WEATHER CONDITIONS.
■>'
Th*
with wheat
%c off, onts
unsettled.
markets all ended rather quiet,
1 * lower, corn %c up to
lower aud provisions
CHICAGO GRAIN MARKET.
yesterday’* close:
Open. High. Low.
» 105% 106% 103% 104% 106
y..... iu% m% io9 ho% no%
.V...., 104% 104% 102% 102% 103%
6674
51%
82.25 case; pepper.
HAYWARD, VICK & CLARK,
COTTON, STOCK8, EONDS, COFFEE, GRAIN AND PROVISIONS.
Cnrondelot •nd Gravicr 8t«., New Orleans.
MEMOERS:
«S S a* 8'ctiZU; KLayCsfe prfe C0«,e. A» a
Now York end CWeege CerrMpond.Dt,:
8. BACKE 0. CO., AND BARTLETT, FRAZIER & CARRINSTON,
PRIVATE WIRES TO ALL POINTS.
lie pound; hiklnf powd-r. IS re*,; rrd
Minion, 15 nee: pink ulnion, 14.50 mae:
cocoa, 45c; chocolntc,/43Hc: .nuir, l ib Juri,
4»c: root beef, H00 roe; .Inin (New Or
l-ene). 3> willnui corn, 30c enilon: poteel
-J3.35S3.S) cnee: pceuut.. to: rope, 4-plj cot
ton. 22'kc; eoep. tl.Mfrt
CANDY—Mick, eeeortcd *V4c pound; .tick
nieort.fl. tHr pound: fencr eMortnl. pell,,
8>ic; diocolute drone, pelle, IliHc: Elk. no
sorted, ten boice 15.60.
FLOUR ANO GRAIN.
Fl.Ol'It—Hluheet potent. W.8: beet pet-
rnt. 55.75; etonderd pntcut. 55.50: belf pel-
cut. 55.*: eprtn# wbent potent. 5*.*.
COHN--No'. 3 white 33c; cholf. white. S3. -,
mixed. Me; creck.il corn prr bneh.l. 83c.
CHICKRN FKEP—FIft..-pound earke. It;
Pnnln chick fje.l.5t»: Victor rcwl. It 53
OATS—No. 3 whit.. *5c: No. 3 mixed. Ur.
Golden Oete, 6Sc; whit* clipped, «8c; fancy
" MFA1 i^tMi'in'iwr M-pouud efleke. 35c; 43-
ponnd encks. 55c; plain. 2!-p»nn<l sacks. S5c;
ferm. 51^.
HAV-Ttmothy. .hole, litre. Mol
do., choice emnll I>n|c*. 51.30: No. 1. one
third I mice. 51.53: No- 3 .^nDr*.
51.30; cnolc. preltlc. 31.00; B.rmpde. 3L3#.
SHOBTS-t'hoic. whit*. 51.75; finer. Jl.«;
brown ISO to luo pounds'. 31.60: brand. 61.50.
COTTON SBEti JIKAL-Friin. per ton,
125.53; No. 2 per ton, 324.00; bulls p*r ton,
PROVISIONS.
1-novlFIONR-HiiBrcm. him., I5c: h»|.
lies 20P25 pounds average. 10%; f*t backs.
H.rnrcmo lertl. UHL f-nrity compound;
«H. Cellfornle hem., 10c; dry Mlt rlbe, 3.33,
SAGGING AND TIES.
BAGGING- 154 lb. tojtc:! lb. lie; 3H lb..
Mti- rr rnilc.1 leecond hand), 75te.
TI MS—New 11.15 hnneh. swoml-bemt 11.05.
FIND - Urcim.^Tc _Pn-«il: kt en«jiMr,
Msy . I
July... . .
COR.V-
Dec 61%
May 61%
July..... 61%
OATS—
D#c
May _
July 5
. FORK—
T)ct
Jan... 16.10
May... 16.45
LARD-
Ool...
Jan... 9.15
"Sto-”" 1
Oct
Jau... 8.25
May... 8.47%
as
61%
54%
6474
5«%
14.60
16.10
16.40
9.22%
9.15
9.32%
9.29
9.02%
9.2»
The low pressure area has moved east*
ward and Is central this morning nt Buf-
fslo. N. Y. This storm area has camuHl
slight rises In temperature over the Obi*
valley ami the liorthenst. and cloudiness
with rain throughout tne lake region. Rnln
was falling this morning at Buffalo nnd
rincinnntl. Another low area centers in
southern Florida and rnln has fallen from
Jacksonville south. Almost the entire coun
try west of the MIrhInrIppI remains under
the Influence cf the high area that Is cen
tral In North Dakotn this mornlnt: nnd Is
causing clear and cool weather throughout
the same region and the cottou l»elt. .
The ndvance of this area of high barome
ter will give continued fair weather in this
section tonight nnd Hnturdny, with no ma
terial chonge In temperature.
CBTTON REGION BULLETIN.
For th. 34 heron endln* »t 3 ». m.. 15th ISSK55*
m.Hdlin )lme. Octobcr.n. ,15)1 Mtall&’ind Oh
TTPS FLASHED
From Wall Street,
Special to The Georgian.
(From Hayward* Vick & dark.!
New York. Oct. 11.—J. ti. Bin-lie Sc Fo.
AmcricaiiN lu London sUghtly below parity
Bcttlemcut jiiiasliig off Mntlsfactorlly.
There will be no gold export* ti» France If
Intt-rest on transit not allowed.
Shorts were covering tip nt the close of
market. Drop In call.money rate* helped.
The bonks bare galucd considerably tl
week from the siib-trensnry. A further
Improvement In general list expected today
Town Topics: While the rally tuny run
a little further, we look for no Important
general advance, but expect a renewal of
the liquidation niuong many of the in
vestiueut Issue*. The practical hick of aun
port in nm-h stocks ns Louisville, Atlatitb
been reaching for the bottom In their p t
chases. .The discrimination by the bank*
against industrial collateral Is havtujr a bad
effect, and I* the cause of much tiehr.ig on
the parr of business nnd real estate Inter
ests. who are also under heavy burdens
elsewhere.
Most of the standard rails aro exceptional-
ly cheap, hut we would not advise their
purchase now. as we expect to sec the
unset tlement continue, discount by a much
more serious situation Iii the financial and
general business world than has ns vet been
realized by the rank and file In Wall street.
The report thnt the Biuik of Franco has
withdrawn Its offer of fncilities In connec
tion with gold Imports may lie taken with
a grain or salt. The prospects nre for a
favorable bonk statement toAjg'tow*. itu«
to treasury aid nnd liquidation of loans,
but enthusiasm on this account should not
be allowed to Influence one fo load up
with stocks now. Liquidation !■ the order
of the day, nnd there will lie little on the
long side «»f the market until It Is more
nearly completed. The copper nnd steel *tt-
tintlon* are still the tnnln bear arguments,
and they are as serious n^ever. We do not
think this development lias ns yet been
discounted, and believe that the Industrials
f federally, and the metal *hn;vs particular-
y. should be sold on nil the bulges.
Cotton Is due for a rally, hut on advances
of 10 points or so, we Ihluk It should lie
sold again.
The grains, In our opinion, should tint lie
bought now.
in fob n i« mirni'i. ... , r .
rest of th*
CHICAGO CAR LOTS.
The receipt* of grain In ear loti today and
estimated receipt* for tomorrow are as fob
lows:
I STOCKS OFF
- AT TFIFJPENING
Northern Pacific Started
Over Point Lower—Oth
ers Fractions Off.
DECLINE CONTINUED
At Midday Tone Decidedly
Weak—Sharp Declines
General.
New York, Oct. 11.—The market rallied
a little In the Inter trading, but the mue
quiet liquidation which hns been in evi
dence for a week wan resumed, and l»y mid
day substantial losses Were recorded nil
through the Hsf.' There was no new In
fluence |n flje. situation. The selling by
oemed to he ,-t fact thnt the severe de-
INies of the -week hnd nnderinlned the
position of the pool* In a number of mli»M'
Issues and Hint these were no longer able
to extend protection to their speclnltb't-.
**** demoralization lu tills group of stocks
only worked harm elsewhere, but
brought a good deal of selling Into the ber-
tlie Issue*. All the nietnls reach*-! n. new
low level during the morning. M slstsure
was shown Iii the railway shares, hut the**
finally gave way nud dropped off n poiut or
elflc. Btacl coiiunon. Aielilsoit Far Foundry
and Fillup pacific Inst %. Groat Northern
opened % higher and New York Feiilnl
Reading opened % t|p and then
Wheat. . . .
Corn
Oats
Hogs, head..
Boston. Oct. 11.—Following was tho hid
and naked price on Georgia Railway and
Electric Company today: Bid 75; asked
preferred, no market.
MINING STOCKS.
New York. Oct. II.—The domestic raw nml
refined sugar markets unchanged, l^indon
beet sugar unchanged.
THE LONDON 8T0CK MARKET.
* * ■ 1—“ • — —>
yJp n 2PM Clo*
STOCKS-
Allanin. (Hear. . . ,
‘Chattanooga, clear.
xGreenvIlle, clear. . . . ,
Griffin, dear
•Macon, dear
Montlrdlo, ciear
•Minimum temperatures ar* for 12 houV*
•tiding 8 a. m., this dst*.
xReceived late; not included In averages.
Light frost at Clanton, Ala., and Waynea-
CifiTKAl
STATION.
8.92%
8.16 •
8.37%
7.10
m
THE LIVE 8TOCK MARKET.
Market Steady; light mixed -u7:
henry $6.10©f; rough filtfUB; pigs xlfa
6.76; yorkers 16.95(87.
Cattle—ItiH-elpts 5.000. Market slow;
beeves 35; cow* 11.6065.40; Texas stfer*
83.90(94.90: calves 85.60«8; western cattle 140
6.10; stoekers ami feeders $2.6004.85.
Sheeti—Receipts 8.000. Market steady; na
tives |3{tf.tf0; yearling* 85.60dtf.25; lamb* 85
07.85; western $5$7.40.
LIVERPOOL GRAIN,
Wheat opened % lower and at 1:30 p. m.
4ft% higher. Closed %4» 1% lower.
C:orn o|>ened uuebanged to % lower and
* lower to % higher. Closed
Atlanta.
Galveston. . ,
Little Rock.
Memphis. . ,
DISTKICT AVERACtS.
Wilmington. ...
Indicates inappreciable rafnrall. tl) For
<2) For 24 hour* endiug t a. m.,
I
Remarks.
The maximum temperate
what higher In most districts.
were some
The mini
Clear
weather prevailed over the belt
predahle rainfall.
W. V. MARTIN, Observer.
Temporarily In Charge.
THE SUGAR MARKET.
Boston. Oct. 11.—Utah Mining 33. North
Butt* 43. Osceola 88. Ilutte Coalition 13%,
Cntumet-Arfsona 97. New Haven 142. Knielt-
lug 35%, Calumet Heda 639, Nevada 9%.
Franklin 7%. Mnrkit weak.
THE COFFEE MARKET#
The following figure* give the opening
luge nml dose In tha New York coffee
market for today:
Opening
Range.
January .. 6.00-6.10
February 6.10-6.15
March ..6.15 6.25
April ..6,20-6.39
May 6.$b6.»
June 6.30-6.40
July 6.3541.40
August 6-35-6.40
Beptemlier 6.406.45
MU' /::: :£SiS
Decetnlier ..W04,tt
Closet! quiet. Bale* 6,759 bags.
Close.
6.10 6.15
6.15-6.20
6.20-6.25
6.254.9)
6.394.35
6,354.40
6.6)4.45
6.404.45
6.454.50
5.864.9)
5.95 6.00
6.064. W
COTTON SEED OIL MARKET.
pound; trout. HllOe pound: blue fish,'8(Me
pound; pompano. 22%e pound; mackerel, 12% ...
INMind; mixed flab, w* pound: freeh water
rnrnt, 19c pound; mullet per barrel, p.60(# y
lij.oo. * Closetl stead r Bkles. I
WEATHER FORECAST.
Washington. Oct. 1!.*—Weather conditions
and general forecast:
The lake region depression has made little
or no progress eastward during the past 24
hours. It hns caused only brisk wind*
little precipitation outside the Itumml
region of the Great Lakes. An area of high
pressure of considerable magnitude occu
pies the central Rocky Mountain region,
with temperatures in North Dakota tbU
morning 8 degrees below freezing. Pressure
continues low In the West Indies, but with
out any storm developments. The Indica
tions for the ueit few days point to fair
weather lu thla forecast district, except
that rain will probably continue In the low
er lake region for nliout 24 hours longer.
Marked temperature changes are not an-
Urinated.
Virginia—Fair tonight and Saturday;
slightly colder Saturday; light to fresh
westerly winds.
North Carolina. South Carolina, Georgia
and Caatern Florida—Fair tonight aud Bat-
urdny: light to fresh northwesterly winds.
Western Florida and Alabama-Fair to-
night and Aafurday; slightly warmer to
night In western Florida nnd southern Ala
bama: light variable winds.
Mississippi—Fair tonight and Saturday;
-diglitly warmer tonight Is southern portion,
light variable winds.
ROOMS ALL FILLED.
14) fitO%
barrel*. ‘
Number* of peopla have Ailed all
their room* by uain* the "Room* For
Rent” column In The Georgian Want
Page—40-eent half-pound bog of Wi
ley** beat candy free with each 35c
Want Ad In next Saturday** Georgian.
Baltimore and Ohio ..
do. preferred .. ..
Chicago and Great Western..
Canadian I'adfle
Denver and Rio Grande ..
do, preferred
Erie
do, first preferred ....
do. second preferred ..
Illinois Central
Kaunas and Texas
do. preferred
Louisville nnd Nashville .,
Mexican Central
do, preferred .. .. ..
Northern Pacific
Norfolk and Western ....
do. preferred .. ., ..
New York Central ., ., ..
Ontario nnd Western ....
Pennsylvania
Phllnddohln nnd Reading
da, st preferred .. ..
do, second preferred ..
Rock Island ..
Southern Railway
do, preferred
Southern Pacific
Bt. Paul
I'nlon Pacific
I'liited Ktntcs Hied
do, preferred
Wabash ..
do, preferred
ST4
ieiii
»l>4
I
a
iu iii
a)-*
-i.*~ 7!.'
....I 8% i
....f 17 I..... I
gained ... ..
deeltued %.
Closing bids follow: - i
Railway Stocks.
Atehlson ! ....
Baltimore and Ohio .. ..
Chicago ami Northwestern .. .
Erie . .
I.oiilsvllle and Nashville
Manhattan I,
Mexican Central
Missouri Pacific .. .. ...
New York Central .. ..
Pennsylvania
Reading i .. ..
Rock I sin ml
preferred
Bt. Paul
Bout hern I'arlllc
Soul hern Railway
Colon Pacific
Wi; bash
Wlscoiisln central
liitcrlHiro Metropolitan -..
Great Northern
Miscellaneous.
Amerlcau Cor nnd Foundry
American Locomotive .. .. .. ..
American Cottdn Oil .. '.. .. .'.
American Smelting nud Refining
Brooklyn Rapid Transit
Colorado Fuel and Irou
Nnilonnl Biscuit
National Lend
I'adfle Mali
Pressed Hteel Car
Bloss-Hheffldd Hteel
Bugnr
Fnlteil Btnte* Hteel
do. preferred •
Western I'nlon .. ..
Mackny Companies ..
do, preferml
Vlrglnln-Carollna Chemical ......
..113
..12875
.. l #i
.. M
..104%
.. 24%
4°o| UNION |4°o
SAVINGS BANK
Gould Building
CAPITAL STOCK . . . $100,000.00
RESOURCES
4% S230.000.00 4.0
BANK STOCKS.
Ccntrnl Rank * Trust
Union Savin-^N, Itowry
Ntttioniil. Prices on np-
Illicit linn.
HILLYER INVESTMENT CO..
Bond Dep't. English-American B'dq
the American audit compan'
Home Office, 100 Broadway, New York City.
F. W. LAFRENTZ, C. P. A., President.
C. E. Munv.-ring, Vic* Preild*nt. Th*o. Cocheu, Jr, C. P. A.. Sr.. *mf Time
BRANCHES
ATLANTA—Kotirth Nlfl H»n!: RM»
CHICAGO—M.rtiil.K, Rutldlnf.
-Htl.ADEI.t tA—BelU-vue-StrattorA
BAN rr.AKCISCO—CcUen Uullilln*.
NEW YORK—Waldorf.Aitorl*.
BOSTON—Exchinc. Bulltllnr
WASHTNOTON—Colorado butldln*.
NEW ORLEANB—Hennrn Butldln*.
BALTIMORB—Fidelity Building.
LONDON. ENGLAND—( King Street. Cheap»ldt.
ATLANTA BRANCH 1015-13 Fourth National Bx.-.k Buildin*.
0. B. BID WELL. Resident Manager.
Telephone, Main 872. Cabl. Address. Amdit. N. Y.
Fl’.ANK HAWKINS, frnlileot.
n. M. ATKINSON. Vlre.l-rf«li!ont. THOMAS C. EltWIN. Chl.r.
JOSEPH A. U’CORD. Vlce l-re.ldeat. U. W. IIVKHS. Ai.litant C.bl.r.
Third National Bank
Capital - - - - $200,000.00
Surplus and Profits $400,000.00
JOHN W. GRANT.
II. Y. M'COKD.
FRANK HAWKINS,
U. M. ATKINSON,
JOSSPU A. M'CORD.
3. a. NUNNAI.LT.
J. CARROLL PAYKKL
IS. B. ROBMKR,
DAVID WOODWARD.
L. H. Fairchild. Eatabllah id 1885. S.
L. H. FAIRCHILD & COMPANY,
NEW ORLEANS.
Mtmbart:
Sew Orleans Cotton Rsehiogt. New York Cnffe# Exchangs.
New York Cotton Kxrbangv, Sow Orleans Board of Trad*.
New Orleans Stock Ksetuioga. « hlcngo Bonn! of Trsda.
LIVERPOOL COTTON ASSOCIATION.
Private Wires to NKW YORK aud CHI CACO. Order* solicited 'for
on above Fv.-twimreii H C Ci
ALONZO RICHARDSON & CO.
PUBLIC ACCOUNTANTS. AUDITORS AND BANK EXAMINERS.
Audit*. Special Exeniination*. Costing and Syit.matizing.
EMPIRE BUILDING. ATLANTA. GA.