Newspaper Page Text
IjCLSP A.XLiAjNTA tf JifUKlilAN AMD MEWS.
rfATCRDAY. OCTOBF.n 12. Ifru
13
BARELY STEADY
Showed Losses of 2 to 8
Points on Lower
Cables.
WEAKER AFTER CALL
Covering on Predictions of
Frost Caused Slight Ad
vance in Last Hour.
Sew York, OcL 12,—Otvlo& to considers-
Mo liquidation by the room traders and n
t.nilpncr l>.v the bolder, In laterlorpotnta
in the South to weaken because of ttaht
money, the local market opened lower. 'Ahe
rlilef sustaluluc factor wna the pressure of
111,oral short Interests. which feared the
rold weather over Saturday. The map
mbowed light frost nt Little Rock and an
of h!«h pressure with unseasonably
lower temperatures extending from Canada
«I most to the gulf. It appeared to he rnov-
| MC rnpldlv eastward, however, aud will. It
I* believed,,be followed l»y rising tempera
tnres.
NEWS AND GOSSIP
of tho Fleecy Staple.
Special to Tho Georgian.
(From Hayward. Vick & Clark.)
>«w York. Oct. 12.—J. 8. Cache & Co.:
Liverpool cables were due 1%®2% points
lower. Opened quiet 2 points lower on
near and 3 lower on dtstaut and closed
steady 3VMM lower on near and 3ft3V6 poluts
lower on distant positions. Knot cotton
duleter at 2 points advance; middling up
land 6.64; sales 6,000: American 5,100; spec
ulation and export 500; Imports 27.000, in
cluding 24.000 American.
Liverpool cables are 1@2% points lower
than expected for futures, while spots re
main strong nt 2 poluts advance. The
cal position.
We doubt whether the forecast will be
enough to cause a frost scare, but there
over Hunday from the more cautious sttori
element.
Think cotton a purchase on tbla easy
opening for n turn. Don’t like looks of
weather map.
Very little cotton wanted. New Orleans
selllne. There are enough selling orders
slightly above the market to put It down
on any advauce.
Following la the atatlstlcnl position of
Friday, October 11, aa made up
Edited by
Joseph B. Lively.
ARKETS
Mr. Lively's twenty-flve
years' experience of ed
iting markets In Atlanta
and the South has made
him a recognised au
thority In bis specialty.
TIPS FLASHED
From Wall Street.
Special to The Georgian. /
(From Hayward, Vick & Clark '
New York. Oct. 12.-J. H. Bachs k
Co.:
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
NAME OF STOCK.
American Smelting.
Am. Lucomtlre. . ,
do. preferred.
cotton
wii t uuaj, uriuurr 11. hr luntti
by The New York Financial Chronicle:
Thin Last Last
.. Week. Week. Year.
Visible supply ....2.585,913 2,363,934 2,342,419
American 1,812,913 1.626.934 1,606.419
In sight, week 170,140 204.524 435,549
Cotton futures In New York closed 1©!
points lower on Saturday. Initial prices
ifA8 points below the previous dose
In response to. leks favorable advice* from
Liverpool than had been expected. A fur-
tber decline of some 8®10 points was es-
thl.llshed during the first hour.
In the lust hour the loss was recovered
on predictions of frost In exposed places
in North Carolina, nor them Georgia, north-
Alubntna nud central imitloiis of Mis-
ippii wM M m mam
rket
figures.
sisslppi
portion. _
Hundnv morning, closing
~ below Fridi
riot steady lift points below Friday**
-ires. . __ .
Estimated receipts Monday
1906.
15,697
19,256
SPOT COTTON MARKET.
UvfTpool, steady; middling 6.54.
Mluntfl. quiet; middling: 11%.
New Orleans, easy; nilddjlup 11%.
tR L
„„ York, quiet; middling ll*7<
Sit van mil), quiet; middling 11 5-16.
Augusta, steady: nilddllnir H 5-16.
Mobile, easy: middling 11%.
rhurleaton, Ann; middling 11%.
Wilmington, steady; mlddilug 11*4^
Italtiiuore. uoiiilnnl: middling
Huston, quiet; middling 11.70.
rhlladelphW. quiet; middling 11.
Houston. Steady: middling I2e.
Memphis, steady; middling 11%.
St. lenuts, quiet; mlddilug 11%.
'y; lulddlilig 11%.
.Norfolk, steady: middling 11%.
Galveston, steady; mlddilug 11%.
HAYWARD. VICK * CLARK'S
DAILY COTTON LETTER.
New York, Oet. 12.-4. S. Ilurhe & Co.:
The market opened bnrcl* steady n* a de
cline of about 2©8 poluts from last-night's
dose in response to lower Liverpool cables.
The weather map showed no encouragement
tu the bulla. Indicating dear aud cool
weather over the entire belt, aud no changes
of Importance are forecasted for today and
.Sunday. Considerable weakness wna de
veloped after the call. New Orleans nnd
"VraTlVra aelTlng freely. The renewed
weakness In the stock market also helped
to discourage bullish fccllug. Aft-^ Jan
nary had touched 19.75, prices recovered
partially the lost ground on covering of
Since September 1..1,443.756 1.073.416 1,780.696
l'ort stocks 510,939 439,196 376,079
Tort receipts 250.455 “ ‘
Exports 147.313
Int. receipts 171,877
Int. shipments .... 108,808
lilt, stocks 237.989 174,919
216,948
211.178
137,736
103,257
34MQ
236,245
255.416
223,616
228,5381
WORLD’S VISIBLE
SUPPLY STATEMENT
Secretary Hester's statement .
world’s risible supply of cotton for the week
ending October II. mode up from special
cable nnd telegraphic advlc
the figures of this week with 1___ Hi
year and tho year l»efore. It shows nn In
crease for the week just closed''of 209,178,
against on increase or 198,518 Inst rear nud
nil Increase of 295.763 year before Inst.
The total visible Is 2,578,614. against
2.369.436 last week, 2.344,648 -last year and
3,326.472 year before last. Of this the total
of American cotton Is 1,759,739, ngnlr *
1.609,648 last year and 2,589,472 year befi
Inst, and of nil other kinds. Including
Egypt. Urnr.il. India, etc., 782,376, against
760,062 Inst week, 735,000 last year ana 737,-
000 year before Inst.
The total world’s visible supply of cotton
as above shows nn Increase compared with
last week of 259,178, nil increase compared
with Inst yenr of 283,966, nnd li decrease
compared with year before Inst of 747.858.
visible supply of cotton
Of the world- —
ns above there In now afloat and held In
Great Britain nnd continental Europe 1.432,-
000, ngalnst 1.045,000 Inst year, nnd 1,579,-
before Inst; In Egypt 64.000, against
* . -
last year and 58,000 yenr before last;
and 433,000 yenr ln*fore last; and In the
United States 722,000, against 796.000 last
yenr nnd 1,256,000 year before last.
SPINNERS’ TAKINGS
AMERICAN COTTON
spinners of the
numbers:
This week 180.000 this year, ngainst 227,000
Inst yenr and 211,000 year l>cfore last.
Total since September 1 this year 966,000,
against 1,009,000 Inst year and 1.014,000 the
yenr before.
Of this northern spinners nnd Canada took
125.090 bales this yenr, against 157.000 Inst
yenr nnd 185.000 th| yenr before; Southern
spinners 299,000, against 292.000 Inst year
and 287.000 the year before; nnd foreign
.and 622,000 the yenr before.
ATLANTA MARKETS.
,ii,- ..ioro cautious short Interest. Trading,
however, was dull. Some, buying on the
ilccllne by spinners attracted attention. Al
though prices have had it good break, we
►Ull believe that the market Is seeking n
lower level, a ml would advocate selling on
all utroug spots.
HESTER’S WEEKLY
COTTON STATEMENT
New Orleans. Oct. 12.-Secretary lleatswis
weekly Statement for the week ending Fri
day. October 11, shows n decrease In the
ement Into sight compared with the
seven .lavs eliding same date Inst rear iu
round figures, 77.000: ft decrease the name
days year before last of 81.000, and a de-
creese the name time In 1904 of 149,000.
For the eleven days of Uetolier the totals
■hew n decrease under last year of 166,000,
» decrease under the same-perlml year be
fore Inst of 151,000, aud a decrease under the
some time In 1904 of 28*r,000.
For tin* forty-one days of the sen sou that
h.ivr chided the nggregnto Is behind the
forty,.,IC 1 days of last year 286.W0. behind
the setup days yenr before last 622,000,. and
• 1*04 by 780. '
FRUIT AND PRODUCE.
EGGS-Active. 23%C24e.
LIVE POULTRY—Hens active. 40045?:
chickens (fresh). 27%©l0o. Ducks (Pekin) 36c
each; puddle, 30c each. Turkeys active, 15<
^jWesVeD POULTRY—Turkeys, drawn,
active, 20c pound; fries active, 20«22%c lb.
hens, 16c pound; ducks, drawn, fancy, 15i
pound.
PRODUCE—Lard. 12c ponnd: hams active,
16c pound: shoulders active. lOtflle pound:
shies active. 11c ponnd: hotter, 181724c per
Ida stock. 84.00® 4.50: limes, Florida stock,
75c per hundred. Peanuts In sacks aver
aging 100 pounds each, owing to grade,!
per pound. Jamaica oranges'$5.00:
pn*t week has Imm*ii 366,933 bales, agojust
44w.7i*s fur the seven nays ending this date
Inst year, 149,3)0 yenr liefore last, nnd 616,-
*26 H.inie time Iu‘l99l, nud for the 11 days
of (Mober It has been 573.801. sgnlust 709.109
Inst yenr, 724.667 yenr lw*fore Inst, aud 853,
379 snme time In 1904.
Th« movement since September 1 shows
^wi-lpt* ut nil Uulted States ports 976,151,
nlnsi
........ .,_^,,J31 same time III 1904.
Overland across the Mississippi. Ohio nnd
Potomac rivers to Northern nulls nnd Can-
«'ln 21.654, ngalnst 34,121 last year, 38,696
Wnr Mors fast, and 40,074 same time In
JW. Interior stocks In excess of those held
' rim of tho commercial year 127.374,
n* II takings 293,000, ngnlust 289,426 Inst year.
Al.2t»l year before last, ~ * "‘ A
dine In 1904.
and 242.292 same
make the total movement for the
•• days of the season from Hentem-
' date 1,418,079. ngalnat 1.703.63? last
time in
„J undpii exports have been 143.918, ngalnst
; last year, mnkiug the total thus far
for tho season 624,008, ngalnst 777,151 last
D’or. a decrease of 158,148.
Aorthern mill takings nnd Canaite during
seven days show nn Increase of
J-M12 n» compared with »he corresponding
i r „ hist year, nnd their ti.:al takings
sluci. Remember l have decreased 32,W>.
* o'* total takings of American mills North,
r°i»tl> and Canada thus far for the season
••ceil 423,889, ngalnat 449.817 Inat year.
* *',385 by Northern spinners,
Include 125,
157,422.
v ot , lh o senlmard nnd the 29 leading
•inlinni Interior centers have Increase*!
JJ225 .* 10 Wt * k W.OOJ hales, against an In-
i b'J* *•*■*»# during ths corrsspondlng
I'” 1 Of. jlSB, ami are now 64, St leas
Ibm, lh |, In IMi
inlSnvI P* l p ft over nt ports and
mmol'1 rro,n ,h< ? IaN l ■***1 ,h< *
of into >l Z ht th' *-
■ r i>m i he new rmn mm*i* to di .
line period
!4%e; romnniits. 35.0) sack; Malaga grapes,
$6.00 per Imrrel.
VEGETABLES’—Potatoes per bushel $1.19,
sweet potatoes, 90rf/1.00. Onions 31.25 Ini.;
Spanish, 31.60 crate; krsut % iNitrel. 33.75;
cabbage, X Virginia, l%c pound; Danish
Celery, 60©75c n bunch. Cautlflwoer, 10©
Am. Car Foundry. . .
A 1 11• liran Cotton Oil. .
Anaconda
Atchison . .
do. preferred. . . .
Atlantic C. Line. . . .
Brooklyn Rapid T. . .
Baltimore X Ohio.
Cbesaptak
Canadian
Idnted Gas. ,
Central Leather. .
do. preferrsd.
, .rodnet. . . .
Colorado Southern. .
Delaware Hudson.
Denver k ltlo Grande-
Distillers* Securities.,
Erie . .
do. preferred.
General Electric.* . . .
Great Western
Illinois Central. .
Kansas & Texas!
NAME OF STOCK.
Kansas A i vxas pfd. .
Louisville k Nashville.
Missouri Pacific. . . .
Mexican Central. . . .
New York Central. ...
Northwestern
National Lead
Nmio.k A Western. , .
Northern Pacific. . .. ,
Ontario A Western. . .
Pennsylvania
Pacific Mull.
People's Uas Co. , . ,
Pressed dteel Car... .
Beading
Bock Island
do. preferred
ItepubBe Iron At Steel.
do. preferred
Son them Pacific, . • .
Southern ltallway. • . .
do. preferred
St. Paul. .
Term. Coni k iron. .. ,
Tfxts Pacific
Union Tactile
U. H. ltublier
do.
Western Union. .
Wabash
do. preferred.
gm
100%
•S3
list*
NEW YORK.
Following Is the range In cotton futures In
New York today:
5ctT
Nov.. .
Dec.. .
Jnn.. .
Feb.. .
March.
April.
May.
July.
wn
1*75
t
10.96
t’ldsed sternly.
R75TiOJ5nTT7'^r
10.75-7S
,10.86 10.95 10.93-94
10.8TeIrt.75 10.83 10.S3-S4
10.s2i lrt.85 10.85 10.86 67
10.80; 10.81 (10.89 10.88-S9
■■ 10.90-91
10.99110.95 10.87110.92 10.92-93
10.93110.97110.87 10.97 10.96-97
10.76-78
10.96-98
10.88-89
10.91-93
io.
10.96-98
10.98- 99
10.99- 11
lilYERPOOL.
PoJlowlug I, the op.nlng range. 1 p. m.
and clone, compared with yesterday:
Futures opened quiet nnd steady.
opeulns Prerlftn,
llamrc. Close. Close.
October «.<W -6.0514 6.06 6.10
Oct.-Nov 6.02 6.00)4 6.06
Nov.-UeO 6.{5 -5.04 5.04)4 6.«S
Dec.-Jan 6.S -6.04)4 6.02 6.06)4
Jon.-Pel 6.01 -6.89 6.80)4
Felt.-Marc! 6.02 5.89)4
Msrch-ApHI e.OO^Sf'H 6.89
April-May 6.» 6.89
May-June 5.90 -6.88
.Itme-July.j..,. 5.90
closed steady.
NEW ORLEANS.
Followlog Is ths range In cotton futures In
New Orleans today:
Oct. .
Nov.,
Dec..
K*iV.:
Mareb
May!'
11.06
July- ■ - -i
Closed steady.
91J
JOT
iolss ibfi
10.86 10.r
iOT
Il'-K.
m
io!w Kw
u
10.98
10.72-75
HL77-T8
10.81-82
10.86
10.92 93
10.98
1.01-06
ITOT
10.81
10.85-86
10.88-89
10.94-96
11.0041
11.04-06
11.0911
11.1315
NOTES ON GRAIN
Pointers on Provisions.
12)4e pound. Lettuce, 82.2502.50 per crate.
GROCERIES.-
RlCB-Jip. 6S5)4c; head. MWe: fa
bead. IffTUc. accordlna to th, trade.
CIIEeNe—Fancy fnllcrenni, 17)4c; fleot
syrup, rc Villon; salt, ]M ponnds, I
pound: nardlnes. ninstnrd. 13.80 caw.
SCO AH—Standard granulated S.N
Yorb rc lined. 6.M; nlnntatlsn. 8e.
COFt-'HK—Ronatea, Arbncklef, 116.00; bulk
In Imps and barrels, ISc; inn,. Ufflle. i
I ttaitt nnti oarreis, 15; com.
Slire Mel hlaenlt. 86.00 cote: Nn. t. rolled
Mts^WJ* raM^ejjfrtrs. *6|tound bon.
18c pouitil]
salmon. |5 i..tsi
cocoa, 46c; chncol»le, 6l)4c: snuff, 1-lb Jurs.
48CI roast beef, 82.60 esse: sirup (New Or
1 css,; .art «rlt«, 66-ponnd I
full weight. US c«m: pepperj
1: baklnff _ powder, 85 ^os^c; —-
red
83.251T8.80 case: peannts. «e; rope, . .
'"cANDyLfuA, assorted*6%c pound; alley
aasorted. «4c ponnd: fancy nssortad. palls,
cue: cbocolste drops, palla, 12)4c: Elk. a,-
sorted, tea Poses 85.50.
FLOUR AND GRAIN.
Ff.OtTR—Hlrfeet patent. 80.S1; heat pot
ent. 86.16; standard patent. 83.60: half pat-
phi, so.ia; ■innnnni *u.uu. »ni
cnt. 85.35; sprin* wheat patent. 86.23.
COHN- No. 3 white 63c; choice white. Sn;
mlscl. 84c; cracked corn per hnahel, 85c.
1 vjt’ftce 11 ' " p . w rrop. The eupply tn date Is
tsf-^^ulast 2,aot,«7 for the sa{
RECEI fTS OF COTTON
AT AUGUSTA VERY HEAVY
T22J? TS? OJMOW,
<!«.. Oct? 12.—Flyurea at the
di“T aarhansc yesterday showed
lure ln Angnatt for tha new season
,*' r ™ d y psaae.1 the lOO.OOOmark. Tha
“f aeason to date Is 10-J84, against
I.’" 1 "II I DP Pfirmannllrllitw lain Inaf r»np
fbo corresponding Into last year.
P*Tor thMMhaMmmniMSiik
it rt )
•P'’niling
whiff cllpnoJl. 72r.
MEAL—PUIn* per 86-pound
pound plnln. *4-poi
K HAY?Tlmolhy. ehnlee litre, bale,. (1.36;
n m% r i°ri'-('’h r olce'wL'tc,' 31.raf l f'nnry, 81.B;
brown (V) to I'd pounds), |1.60: brand, 81.60.
COTTON SEED MBAL—Pnms psr tom
325.16; No. 2 per ton, C4.00; hulls per ton,
PROVISIONS.
PROVISIONS—Supreme hams. 15c. w
nee, ?0©25 pounds ■"rage, 10%: fat Ucks,
8.20; Supreme lard, 10%. Purity compound,
•>1. California hams, 10c: dry salt ribs, 9.25,
Special to The Georgian.
(From Huy ward, Vick & Clark.)
Chicago. Oct. 12.—Bartlett, Frazier A
Carrington: Still believe that all our cash
wheat will be wauted, nnd late Information
from Liverpool Indicates that they are be
ginning to believe there that they con not
make sufficient spring and hard winter
wheat to supply the demand, and must
tnke our rod winter. _
Com receipts under the estimate. Demand
extremely good. We believe ln higher
prlees. . ,
Oats receipts under the estimate. We do
ot believe these receipts will last very
*ng, nnd the scarcity will commence to be
felt soon. „
Chicago Evening Post: Bartlett bouse:
'The monsoon, which I* tho summer wind
blowing from nnd over the Indian ocean,
spreading over Australia nnd Indln, brings
nliout precipitation without which the
wheat lu those countries does not obtain
sufficient growth to produce a crop. Lp to
the present date the usual vnonsoon has not
arrived, nnd the time »• now almost too
Into for It. It has not failed ln n number
of years. Whenever It has failed serious
drought and fnmlns have prevailed In in-
9t. Louis house: “A miller here offered
flour to London Inst night, and they ca
bled buck: ’We accept for double the
amount you offered.’ ” .
Cable from Antwerp reads: "Continuous
drought In Russia prevents autumn seed-
n filnneapolIn leader sent this: "Highest
rices on crop being paid for cash and fu-
ires and demand excellent. Foreign buy'
J : apparent In this market today.’ Lllt
own correspondent: "Hlnco the frost kill
ed the leaves on the corn the situation can
he seen a good dual clearer, Just wait until
the farmer begins to busk and you will
hear the biggest wall you have heard on
the crop."
Hnwyer writes from Gslva, Ills.: "From
Buda south to Kcwnnee and Onlva thirty
bushels will bo the average of JU« corn
crop. The recent frost has dons consldtV#
hie damage 111 streaks nnd few fields that
were well advanced have not been Injured,
nml some of them promise as good as forty-
five or Ufty bushels, but so much of the
corn is late, uneven nnd poorly cared that
the average will be cnt down to thirty,
bushels per acre."
Provisions na a pit trader aces the mar
ket: A marked Increase In speculative In
terest In provisions, and trade broadening.
Pretty fair Investment demand for January
product, with some of tho lard burlug cred
ited to packing Interests, bmsll puckers
have led lu the selling, snd the sheep sd-
WHEAT WAS NERVOUS
WHEN SESSION STARTED
After Large Fraction De
cline Prices Were Forced
Rapidly Upward.
break of %c Immediately followi .. .
S lued at tbs end of the first hnlf hour's
ullng. The local ctvwd wus somewhat
bearish on account of the heavy stock
market. Northwest cars ware somewhat
more liberal, fables were featureless.
Wheat closed %©%c hither,' corn 2%©2l4c
better, oats were up %©%c snd provisions
WEATHER REPORT.
WEATHER CONDITIONS.
The western high-pressure area has mov
ed but little In the past 24 hours, being cen
Ifig fit *’ *
. ..-dug c
Bismarck. N. Di.....
— ter reads 30.60 Inches. The
« p * , f5JW) has Increased considerably over
je Ohio aud upper Mississippi valleys, nnd
the temperature Is 10 to la degrees lower
throughout the same territory. The low
ares that has been over the lake region for
several days is passing out the 8t. Law-
r£ nc S.. va . , ! p * v * A »'*<*on‘lary low arcs Is on
the Florida const #nd another In the Far
\\est. Light rain has fallen In the lake re
coil tlnuo. over tbs cotton licit aud light frost
formed thin morning In western Houth Car
olina, uortbern Alabama and west Tennes-
*»>5111k iu mn ennunup*! inuueiice or tne
extensive high area fair weather may be
expected In this section tonight snd Sunday.
‘ il‘* —" . .r
Clcment-Curtis conclude a eonservatl
view of wheat so follows: "Tho only new
feature this year Is th* fact that United
States snd Canada crops sre about 140.Q2V
000 bushels less than last year, thus llndi-
lug export surplus, while In the previous
period of Eurotienn distress there was a
gain of 130,000,009 bushels ru the production
iiviiri ■ ib ttciu ii}6
wore 2%©10c better.
LIVERPOOL GRAIN.
CHICAGO GRAIN MARKET.
Chicago grain und provision quotations
for to<lay are follows, compared with
yesterday's close:
Previous
Open. High. Low. Close. Close.
WHEAT-
‘ 1
Dee.... 104% 106%
July!.*.’.* 10$2 loijj
103% 102*
COTTON REGION BULLETIN.
For the 24 hoars ending at 8 a. m., 75th
-imir
Americans In London generally below parity.
Only a few exceptional advances.
A Washington dispatch says tho govern
meat will try to compel Mr. Hsrrlniau to
answer questions propounded by govern
ment counsel In the Investigation which
took place lu New York last spring respect
Ing Chicago nnd Alton deal. Ilarrinm
roads reported euttiug down expenses by
wholesale. Large Hues of shorts said to
have been covered up yesterday. Expecta
tions are for good bank statement. The
Hrtrriutau Issues will probably bo affected
on Washington news and general market
sympathies.
Bnnk statement may be favorable If loss
In enth last week corrected this week.
Hnrrlmnn denies the story published this
they contemplated.
Stocks keep coming out. There was soma,
buying In steel around 24, hnt with this 1
exception buying principally by shorts. No
fresh news.
The weakness of Smelters seems to lie
affecting the general list more than any
thing else.
Americans very weak lu London.
Town Topics: We look for n ragged open
ing today and further unsettlenieut lu the
market, due to further margin calls and en
forced liquidation. At the same time we
believe It would lie advisable to cover short
stock on the sharp breaks, especially com
mitments of that nature In the railroad
list. The batik statement outlook In view
of the calling of tonus Is favorable for a
moderate Increase In surplus reserves, hut
biiuklng Interests are more tlmii ever dis
posed to l»e eonnervntlve, iqieclally as the
continued strength In the sterling exebaujrc
STOCKS WEAK FROM
START TO
A Number of Leading Issues
Showed Sharp De
clines.
ALL ISSUES SLUMP
Bank Statement Was Called
Favorable, But Did Not
Check Decline.
New York. Oet. 11—'The stock market
nod nt general declines. .Southern I’a-
atsrted out a point lower. Smelting
as
id Pennsylvania
market Is such a disconcerting factor.
rally In this section, due to nil oversold
condition. On the other hund. the Indus
trial situation Is so gloomy that we expect
to see considerably lower prices for such
Issues nn the HteeJ shares. Kmelters nnd
. PBHPBBHP.„..»stinent liquidation, and
tfi® *f* r of Investigations nun prosecutions,
llty I nance lower figures
trial list after fair rames. Investors should
still observe patience, ns It will take the
ninrkct a long time to recover from recent
reasonable ground for l»ellef thni .
best stocks will unt ultimately sink to still
lower levels than those already reached.
we see no reason to advise tne purchase
of cotton now, hut would rather sell ou the
rallies for turns.
We would buy wheat for turns only on
sharp set barks
The Isohdon early market for Americans
Is light.
MONEY AND EXCHANGE.
srltlf actual business „
34.SG30ff4.S635 for demand aud f4.fC90©l.82*5
*-»r sixty-day hills.
Prime mercantile papsr unchanged.
London bar silver lower at 28%d.
York bar silver 62%c.
Mexican dollars 48%c.
New
THE COFFEE MARKET.
January .
February .
March .. .
April .. .
May .. ..
August ..
Heptem!>er
October ..
November
.lUHTRlirr I, ■
Dccemlier ,, ,
Closed dull.
6.104.15
6.154.25
6.254.30
6.304.35
6.354.40
6.354.45
0.404.50
6.40-6.50
6.454.56
5.904.96
..5.96
5.96406
Sales 6,000 bags.
Close.
6.104.25
0.164.26
6.256.19
6.304.35
43M.fi
6.40-6.45
6.40445
6.406.45
6.454.50
5.904.96
I 5.95-60)
Closing bids follow:
Railway Stocks.
Atchison
Atchison preferred -
Erie..
Illinois Central..
Louisville and Nashville,.
Manhattan .. .
Mexican Central..
Missouri Pacific. .
New York Central
Pennsylvania..
Read I nr
..100%
..116%
..
..114%
• • 75%
..11%
2S$
Beading
Bock lslnnd
8t. Paul * ....... .. .
(Voutbern Pacific
Southern Hallway
Union Pacific
Wabash §il
Interhoroijtfh-Metropolitan M,
Int'Thorough-Metropolitan pfd 3: 1 *
Great Northern.. 123%
Miscellaneous.
Amalgamated Copper
American Car and Foundry..
American I,ocoinotlve «
Amerlrau Tobacco 7i
American Cotton Oil
American Smelting nnd Refining ::.v
American Smelting nnd Refining pfd.... 9J
Brooklyn Rapid Transit .. .. 40U
i nlomdo Fuel and Iron 15
National Lead
National Biscuit i>i l i
People s Gas 82%
Pressed steel Car fi ..
Sloss-Rbeffleld Steel
Srtgnr
Tenneasee Cool and Iron
United States Steel
United states steel preferred..
western Union
Maekny Company
Jftrtfi/ Uomnnny preferred.. .
Mrgtnln i nrollna Chemical.. ..
..104%
!%' 1
% •
NEW YORK BANK STATEMENT.
QpL 12.“-The weekly statement
of the New York Associated banks shows
the following changes:
(.cans 91.nKl.40l.9n0: decreaae 36,668.
iMposItVlL^t^ioOMl^^^SU
t IreiilatloB 361.001.800: Increase 334.000.
Specie 319A558.WW: decrease 36.342,100.
Reserve^ 3^.W.4(j^decrease 3656!600!
Reserve required 3256,511,200; decrease 3663,.
675.
D.WMiOl
6.05 6.10
meridian time. Octolier H 1907.
STATIONS
ATLANTA
DISWCT.
Atlanta,
m
63%
13 )i
fell fit 8 1 B
Jen.. 15.35 16.02% 15.80 16.00 15.82T
lto.^^6.20 16.37% 16.16 16.36 16.77*
‘ “ 9.27% 9.22% 9.27% 9.17>
9.07% 8.97% 9.07% 9.06
9.27% 9.22% 9.27% 8.25
9.00
t.22%
Oct...
Jsn...
ftViia
Oct
itb::. S:iRl
.... 8.02%
or tbes, two countrlM. However, th.
world bud two maenillcnt b»rests uraml
Inir this jrar, and the visible both lu Ku-
rotic nud this couutrjr I, at the hlgbrat nn
record, snd In addition there I, u prospect
. -j— —-—* ■ ■ ■- --(,11 tin,.
M’CULLOUGH BROTHERS'
FRUIT AND PRODUCE LETTER.
Atlanta, Oct. IS.—Apples of th, b„t qual
ity and variety continue scarce snd aell-
tujr nt high prlc
Itecent'cqoP'wcnth.r Is causing soma de-
preclatlotr lu lemon valnos.
lit.' Calirnrnla hams, tile; dry salt riba, 1.86.
* GAGGING AND TIES.
1-1)4 »>..
BAGGING—1)4 Mtel lh.. 11c; 3)4 lb..
11%; re-n lied (second band), 7)6e.
TIES—Naw 11.15 beech, second-hand (1.(4
FINH—Brenm. 7c poond; ananpjr,
nonnd; trout. 9<ff!V ponnd; bln* Sab,
nottininii Slit* nnund: mnrkopol
pound’. pompano. HHc ponnds maefml, i:)i
pound: railed «,h. 6«7c pound; freata wat«
front, 10c pound; mullot per barrel, (9.600
10.00.
HAYWARD, VBCK & CLARK,
COTTON, 8TOCK8, BONDS, COFFEE, GfiAIN AND PROVISIONS
CarondaUt and Gravler Sta„ Naw Orloana.
, MEMBERS:
W S'i'OBa >.'otton Eachansa, Naw Orleaaa Fntnr. B' 0 ''-'*'
gSllJorh Cotton Kschanrt, Nmr Orlaana and Chlcaao Board, of Trad a,
8^~»s_Cnttmi Dxrhanffe, Naw York, Colit Vf***^'
•toattnn Cotton Esrbanae. Aa»clato Members JJvMpoul Cotton An a
Now York and Chlcato CorrMpondont,:
+ 8. DACHE & CO., AND BARTLETT, FRAZIER <SL CARRINATON,
MUM
and conanmptlon la aomewbat retarded.
No oranges of cousaqnence In the market.
A few scattering Inis of Jamaica fruit la all
In tbla line. T|;e demend for Florida
oranges tor desirable slaea and (ood color
.iron* at fancy price,.
No pineapples coming to the market at
t> Tha demand for. banana, fully equal to
receipt, with a high range of vuluca being
maintained on tho part of Importers.
The season for California fruit la about
over. Only Tokay grape. In tbla line be
ing received In tbla market, which are of
poor qunllty. owing to lateneea of feeson.
The movement at bn,ket grapes from
New York state la now on In’ earnest.
However, recefpts, although liberal, are be
ing well provided for on account of tha
heavy demand aud consumption.
Cocoannts searca and coutlnua to sail
hl ft h 'la yet too early for tbla year's crop of
"cilery recelpu' liberal, conslatinff of line
quality; making It poaalbla to aril promptly
to advantage.
Quite a strong demand now prevails for
crnnlferrlea- although prlees are high.
Both onions and Irish isiutoea Io light
supply, with valnes remaining high.
The Increase In sweet potato receipt)
causing the market to show decllno.
Cabbage wiling well gt quotation prices
The egr market showing more or less
stimulation daily, wiling today at higher
Sti/rrSpra '.'<5?!u d .*iuu p 2aj»
Live poultry also srarce.
Butter selling readily at fancy prices.
CHICAGO CAR LOT8.
Tha reeelpta of grain In car lota today and
•tlmatcd receipts (or tomorrow are a, fob
Today. Toomnow,
PRIVATE WIRES TO ALL POINT&
Wheat.
Corn. .
Data.
Hogs, head.
nre authority for tbc
fabrics will not
tie subject to further downward revision.
Export broker* ar* discouraged at tbo situs
building up their hopes tha t wlfc the first
grassing si
lag rasuy-i
smoothly, with the city trade
to-wear suits and shirt waists in
dear. . .
‘Uhfittsnoogn, dear,
xColumbtiB. . t . ,
Gainesville, dear.
Greenville, dear. .
Griffin, dear. . .
•.Moron, dear. . .
xMontlrdlo, dear. ,
Romo, dear. . . .
Spartanburg, dear.
Toecoa. dssr. ,
West Point, dear.
74
75
inliuuw ttuiiHTaturas or« for 12
hours
xReceived late; uot Included In averages,
Ala., Arlington. Bolivar,
jngtoti, Dyeraburg, Memphis, Milan, T#nn„
Tusnunbls, Ala.
Atlanta.
Hi-
Charleatoa. . .
Galveston. . .
‘ Ittle Koch. . ,
BISTtICT tVUAetS.
. ftayirafsr,.
mterdsy. 121 For 1.
76th maridbin time.
i fading I a. tu.,
■ w teach a new
rardago record on the staples and aoma of
ifandard colon.
Prices Raatriot Cloth Sales.
elptug to
uarkar.
DEMAND FOR ACTUAL COTTON
NOW ON THE INCREASE
New Orleans, Oet. 12.—The Tlme,-D«mo-
crat says: -Yesterday's cotton mirkst fs-
voml the price primarily because the specu
lative selling [rawer bad lieen diminished by
th* recent decline, and covering over the
weekend appeared th* beat policy. Specu
lative support of a scalping character eras
In evidence to n very email extant. Balls
had the weather outlook their wuy. and
the fact that the demand for actual cottan
la now on the lucresw helped check th*
development of any fresh active liearlah
G lolled the claim mat tne rapid accumnl
on of cotton at Interior fowna waa using
the Booth's dnsiKl.il reaoorcas. ami to this
there rouW bo no unawar. For the moat
part spot markets wars easier and Texas
nraf iipm* mu "i"”* wnr huji
6 thi» Savannah district prmWIrally si
w Isvsl of the season. <o nwb for
ths
•GH4UH' Ilfsrayw ‘ -rswwo.w " »
now and have been rentractlng for Ihrlr
raw cotton requirements at comparatlrely
low valnes, will tqrn tmlllsh on general
principles, for the reason It will be to
their own Interest to do ao oar* their
. ar* euppltod. — Hayward, Vick '
Somewhat lower minimum tamparaturra
prevailed orer the northern portion of the
eastern half of tho holt, with light frost In
K rtlona of Houth Carolina, northern Ale-
m" and west Truaenaev. There was no
precipitation, the weather being clear.
W. V. MARTIS', Ohwrrer,
Temporarily In Charge.
WEATHER FORECAST.
Waahlngton, Oet. It—Wratber conditions
and general forecast:
MINING 8TOCK8-
Boston. Oct. 12.—Opening: North Unite
Range 62)4; Centennial 1): Trinity u
MnsMchuaetta Gaa <81., J(irket weak.
LOCAL STOCKS AND BONDS
iRerlsed by Ulltyar Investment Com^any.1
166) i
102)4
Atlanta A Weat Point It. It..
Atlanta )'*, 1*3. coupon
a tl.ii,to ilf. 1 , IU-?* mnniin
Augusta Factory
Central Bank nnd Trust Corp. 125
Kxposltloo Cotton Mills.;.,..., 225
Fourth National Dank.,...
m 44‘
GtHtrgia Hint© 4%’s,
Georgia Hints, 4%*s, ctiupun
— - •*- nblni, I’n
'orgla Hint ....... . ....
i. 11. It. aniMUnkln^Co
Gn. Ity. and Electric Co,
bcaboard Air Untf
do, preferred ...
Sonthweatsrn
10
ooniowroisro 107
Atlanta 4 psr r. bonds, 1333... luo
Augusta 4s, 1935
Georgia 4%s, 1915 coupon 101%
do, 3%. 1939. rsg 104
Dixie Cotton Mills ...
Dixie Cotton Mills. 6'o 98
Gs. R. R. and Bkg. Co., 6s.. 102
heaboard 4s. 1960 CS%
Iff*
COTTON SEED OIL MARKET.
Following la given the opening and closing
qnotatlona of the New York cotton seed of!
Octotier. .
November.
December.
Ms:
foseil
Opening.
Closing.
easier. Hales, 29,000 barrel,.
Tin- lake region depression baa advanced
to Maine and diminished somewhnt In en-
It Is lielng followed by an urea of
of"tbe'country east of the Ilncky'Mounta'jn:
. ry
The center of the high Is uow ... ...
kotaa. when the temperatures are 10 to 14
degrees below the freealng point.
I-lght to heavy frost .la reported generally
In the lake region, Ohio, and northern por
tion of the middle Atlantic ’atatea 'coKe'r
weather la Indicated In this district tonight
. - , - . . rat, —_
heavy froat In Interior end imMlhly light
froet on the coeat; Hunday fair anil colder
In the aoutheaat portion; light to freab
it.irthrarlv uin.la
.'<»rin < nrounn—roir lonignr an*l niinuay*
•ld,r tonight, with frost In eipoeed plncsi.
Colder on Hunday In the eastern* portion;
light to fresh northerly winds,
Houth Carolina—Fair and eolder tonight
anil Hunday: light northerly winds.
Fgj, - -*- - ^*
eolder la rasters and orathern portion,;
Mriit northerly winds ,
Eastern Florld^-Fnlr tonight and Hunday.
Colder Sunday In the extreme northern por
tion: light northerly winds
In northern
«rly
under; colder tonight, with front
portion of Alabama; light uorth-
llsalsalppl—Fair tonight and Sunday;
ler tonight la aonthrast portion! light
froat In northern and era teal portions; llgbt
northerly wlDdo.
Oklahoma and Indian Territory—Fair sad
Warmer.
East Tessa (North)—Pair and wsrmtr In
west.
East Tens tSonthl—Fair.
West Texna iNorthl-Kuir und warmer.
West Texas tSoothj-Falr and warmer In
A. 0. BROWN & CO.,
BANKERS and BROKERS.
30 Broad 8tr*et, New York.
Members New York Stock Exchange,
New York Cotton Exchange, Chicago
Board of Trade, Cleveland Stock Ex
change.
16 Branch Offices, Including
Waldorf-Astoria Hotel. New l’laia Ho.
tel. II Weat 55th St.. Flatiron Bldg,
Marie Antlonette Hotel, 5 East 44th St..
NEW YORK.
Atlantic City, N. J, Chicago, Cinclnna.
tl, Detroit, Toronto, Can., Buffalo,
Cleveland, Washington, D. C.’
Every facility for prompt execution
of ordere on all exchangee. -
Surplus lt.466.U0; decrease 82.007.875.
^r^^^ 9**3&0 <1< ' po,l,, *15.017,360;
GEORGIA RAILWAY AND
ELECTRIC COMPANY.
THE SUGAR MARKET.
was unebanfftd, eacb
LONDON STOCK MARKET.
i
Dsltluiora nml Oblo
do, preferred ..
Chesapeake and Ohio
Chlcaso and Great Western
Canadian Pacific ..
Denver and Rio Grande ....
do, preferred
Erie M __
do, preferred .. ..
do, second preferred
saw. mvnn prel
Illinois Central ..
Knmm and Texas .
rvivrrmi ,. ..
> and Nasbvllls ,
Northern Pacific .. ..
Norfolk and Western
New York Central
Ontario and Western
Pennsylvania
^ naxivL__
PklladrUdilH and Reading .
do, preferred
Southern Pacific ..
8t. Paul .. .. ..
T'nlon Pacific .. ..
United States Steel
do, preferred .. .
Wabaih
In n'rin*
MS
M)j
st:
*ii<4
78%
m 844
9%
Wiley 1 'a
nt page
offer for
How about a 40-csnt box ol
chocolates? Turn to tho wa
and read about the great free
Friday and Saturday.
4%| UNION
SAVINGS BANK
Could Building
CAPITAL STOCK . . . SIOO.OOC.OO
— 8ISOURCII ~—
“ 0 6860,000.00 4%
!£
Atlanta National Bank
ATLANTA, GA.
C. E. CURRIER, President. H. T. INMAN, Vice-PretldenL
GEO. R. DONOVAN, Cashier.
JAMES S. FLOYD, Aaalstant Cashier.
Capital $500,000.00
Surplus and Undivided Profits $650,000.00
We Solicit Your Patronage.
ALONZO RICHARDSON & CO.
PUBLIC ACCOUNTANTS, AUDITORS AND BANK EXAMINERS.
Audits, Special Examinations. Coating and Systematizing.
EMPIRE BUILDING. ATLANTA. GA
1 :
. _u