Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, October 22, 1907, Image 13

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— THE ATLANTA GEORGIAN AND NEWS. Tuesday, ocronr.nimt. !3 ENGLISH CABLES BETTER THAN DUE Spot Sales Were Liberal at a Decline of Two Points. NEW YORK WAS LOWER Unsettled Stock Market Was Largely Respon sible for Drop. Nmt York, Oct. U,—Unaettllng new, from Will atreeV w«» Uirpljr rooponilblo for. n drop of <f* nr _ ... point, it the opening of thtf iWl cotton market thl« morning. In the f«re of better cable* than had been et .tannery nfter the call wa» ham- demand developed. The weather map ahow #d »e»*onaMe tempera tore* and rain* throughout the entire belt. From 10.60 for January there waa a rally of some 6 points on a mild buying move ment. but when this demand had been sat- lirted gelling was renewed and In a few minutes 10.43 Wn* quoted for Janusry. Fresh developments In the financial situs tlnn and a Sharp Advance In call money rate* frightened holders an* * ' *‘ i resulted dn the Inte hrenk. The weekly weather report waa without Influence for betterment, though under ~“ dinarv condition* would bare been constr a* bullish. Following Is fttimainry of the re- 'The temperature trna below normal In all the eottoii growmg state! except Oklahoma and western Arkansas, where there wna an eaceas of 1 to 2 degrees. The area teat de ficiency wss 4 to * degrees over the Caro lina*. Frosts occurred over the centrsl and eastern portion* Of the cotton belt at the opening of the week. No rain fell during the week oref I he greater part of the re- fhiiVVhree' lucbes being reported ait"Tempi ,n At the closa. futures In New York were •teadr. net 7©15 polnta lower. Estimated receipts Wednesday: 1907. Now Orleans 10,000 to 13.000 .Galveston 10,000 to 12,000 Houston 7.600 to 8,500 umparstlv port receipts: NEWS AND GOSSIP of tho Fleecy Staple. Special to The Georgian. (.From Hayward, Vick & Clark.) New lork. Oct 22.-J. H. Bache A Co.: Liverpool cablet were due 5tf5% points low- er on near and 5%tf& points lower on dis tant positions. Opened quiet at 2tfS points define.. At 12:15 p, m., wss steady, net Y;= lower on near, and 3tfft% lower on distant positions. Good demand for stmts at 4 points lower; mtddltug uplands 6.35; sales 10,000; American 9.300; speculation nnd ex- port MO; Imports 23,000 bales,, lucludlng 12,- 100 American. Liverpool early cnldes arc slightly bet ter than due with spots In good demand at 4 points lower,* Weather generally fair all over, except light showers In Florida. Southern spot markets hold steady, with small activity nnd n trifle lower. More talk of union rot* Hut offered for sale a little above bid price. Think the bad stock cables will depress bullish sentiment. • «»urr jv.ih. iiprnniHV I' March 10.66: May 10.62. Mitchell. Xordon and Pearsall sell New Orleans. Oct. 22.—Hay word, . Clark: Weather map complete. Indicates stationary conditions, general cloudiness and scattered rains. Cold ware forming In far northwest will show up plainly tomorrow, nnd will then be likely to be considered by traders. Market quiet, from time to time tendering. -... . *• *- hut are not Edited by Joseph B. Lively. MARKETS Mr. Lively’s twenty-five years’ experience of «d- King markets In Atlanta and the 8outh has mads him a recognized au thority In his specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAME OF STOCK. Saturday Monday . Tuesday TWTT ~S3dST "ftp*. Yo.ouf 78.624 112.739 SPOT COTTON MARKET. __.nf 1 Imr 11.45. r Id 15-16. : 10 16-16. u%, Liverpool, easier; middling 6.35. Atlanta, qnlet; middling 11c. New Orleans, quiet; mbldllu New York, quiet; mlddtlnj Hsvsnnah, dull; middling Augnsts. quiet; middling Mobile, steady: middling lie. charleston, firm; middling 111546. Wilmington, steady; middling lie. Baltimore, nominal: mldf Boston, quiet; middling : „ _. ng lu Norfolk, quiet; middling 11%. Galveston, steady; * middling lft*. hldllng 11%. ; middling 11%. TODAY'S PORT RECEIPTS. The following tabic shows receipts at (he tort* today, compared with the same day {sat .flag GOVERNMENT WEEKLY REPORT ON WEATHER. Oklahoma Slid Indian Territory—Condi tlons were very favorable. Light to heavy frost occurred In northern counties In the forepart of the week, but there was no ma terial change. Tho mean temperature nnd percentage of sunshine were nlx>vn normal. Light showers occurred lu northwestern counties on the 16th. South Carolina—No rain fell. Low tem perature with light to killing frost occurred during the forepart of th*» week, but normal temperature prevailed during tho iatter part. The sunshine was lunch above nial, there being little cloudiness. Tennessee—The weather was generally! Hear. The temperature averaged slightly below normal. Light frost occurred on the 15th, There was no ruin. Texas—Two to over three Inches of rain occurred In south-eentrnl counties, but there rnin In some northeastern eonntles. Alabama—The sunshine was abundant. The first half ef the week was cool, and light frost was genera*. Heavy to kilting frosts occurred at scattered points lu tlm central nnd northern counties. Wanner weather prevailed during the luttcr half. There was no rainfall worthy of note. Arkansas—The weather was fair and fa vorable. The early part of the week waa In the western portion nnd nearly normal In the eastern. Freezing temperature oc curred In some eastern and south counties. There was no rainfall of consequence. The sunshine was above normal. Florida—The week opened with tempera ture decidedly below the normal, tho de ficiency amounting to 14 degrees In the northern and western sections, but It closed 2 degrees above normal. Frost occurred In the interior of the western portion on the 15th. There was practically no rain except on the southeastern const, where there were moderate showers. The sunshine was abun dant. Georgia—Abnormally cold weather prevail ed during the flr*t four days. Heavy to The weekly mean temperature was 3 to 6 degrees below normal. No rainfall. The •unshlne was above the normal. • INTERIOR RECEIPTS. 1* Tbs following table shows receipts In the f Interior today, compared with the same day J l»«t year: Houston. . Augusts. . Memphis. 9.780 «.»en 5.101 2.497 39.555 3,992 4.803 1.150 23,399 1 49.623 steadily movement, lasted, HAYWARD. VICK A CLARK'S DAILY COTTON LETTER. St-xx York. Oet. 32.—J. H. Radio Jk Co.: rb«*depression and uaxlrty felt In financial •ireis* this morning was shown In the open- 'Mf of our market. Better Liverpool cables 'nan due counted for nothing, nnd for u |'me It looked *t If there was no stop to 'ne decline, when, 011 the call, January parting from 19.96, broke • point by point "'»sn to 10.50 without a recovery, stopJos* " r, irr» were caught In great volume and !E®5 traders were selling freely. A short- lived rally caused by short covering put January up to 19.66, but was soon lost again, •jnd prices receded to The former level, ttearluh sentiment was encouraged by weather In the Houth and reports Miat the farmers nre wen bent rife lu their -ff'Tt. to hold, it look, 0, If price, will • to go down moeb further, ss sll ’"t Arguments advanced for a rise In eottou •»'! weaker every day. The fin r *“"* discounted an early frost. which lied to appear. and prices have steadily zone down despite the holding mo • r »ne market went down while it .1 W *IH happen when the South In much lower prices before n - first half of this rrop has l*aen sold, but "•mid ndftse caution with short sales for i.rLl! r ^**®L •* the market has had a good nnd Is in s weak technical position. cotton goods stronger, BUYERS MORE CONFIDENT. New York Commercial: ai roe cm«r J *P*‘ week coudltlous lu the cotton goods M.r,s, L * h ?wed that buyers bad regained , deuce In the continued strength oflead. t l !V‘ nr ‘* merohahdUe. While the facts k*. 7 r °nsldered show that souic revision ••!* made on brown cottons and cer* ,}•" passes of gray goods. It Is also clear *1.1. n< T r *ttooa, bleached goods, and fin* winl“ * 0o, *l bsve come through the w/ek bill ,u ®?T lt f * decline.In values. The mini 1 niora Insistent In th»lr de- "'negations than at nuy time u" r r «e advent of new crop cotton at T *I* f **- They have found, however. I ir ' 00 *ny goods wanted for near by de- rn , r r J for shipment a* far off as Feb- £*>- l be sellers are obdurate In bolding Kbi 1 * 1 * prices. On line white good* •<••1 u to cuttlng-up trade, the «f first hand stocks pas made the —V* 2'™"**'*'** values comparatively , * '. s *»mf mm3 !>•<■» ,.»r«l mill, ''"I'-r, will- ^ontlmm to in, «ood, “.mllomooth, n, tbajr ml them tho "imlng tprlnf, an,I th,t prewi t mine, enn be mnile to hold. In the Job- hlnr trade n |«u<l ehntrln, I, Imln, mode, hn late"'full nlforlhi.% Mo,t of the To toller, who eome to till, market hove defi nite requirement, to till, nnd nre taking ._ .. Mtlnfnetorj mnuner, nnd Hint on line, of Indie,* hetlerr ami titiderwenr or der, nre nnuimtlly llhernl. IMipllento or der, on men - , wenr Hirbtweluht, nre eotn- Inn from leilh Jol,l,er, nlul lnllor,-t<ethp- Print Cloth Demand Light. There wn, n very ll*ht detnnnd for print doth, on Meturdn.r. Homo of the cotton com|, broker, reported u re-,itle hnatne,, for wide *ood« front ,K-ond,rj mnrket foe- tor,, who hold fair itipplle, nnd who feel mfe In letting ,ome inirtlon of their irny good, go «t .pot nrlee, . rem.Tned lug of the week. The prb-e on 2»-llieh 64 by 6)s has 1101 been forced below 4%c for forward delivery, nnd Is still 47»e for spot*. Amsl, Copper * . . Am, let Securities Am. 8ugsr Ucfincry American Smelting Am. Locomtlvc. . do. prsfcrrstl. ...... A in. Car Foundry American CottOQ Oil Anaconda. .Atchison. do. preferred Atlantic 0. Lins Brooklyn Rapid T.* . . . . Baltimore N Ohio. \ Chesapeake 9c Ohio (anadlan Taeiflc Chicago & Alton. ...... (-onsolldnted Gas . Central Leather. . ...... do. preferrad. ...... Colorado Find b Iron- .... Coro Trod ace. Colorado 8outhtrt> Itekiwnre Jr IltidMn. . . gj&a!Bffll;:;: V:’ - : <Ir»nt Wetlorn Sif-nt Northern pfd, . . i . . Illlnol, Central. .... . . . Interliofo _ tie. preferred Knnua Jt Tetna. . NAME OF STOCK. houl.r’lle A Nn,bVIII,. Mltruurl IMeine. li'ShWi I’*elite. . . . Mexican Central. . . . New York Central. . . Nortbwestorn National Lead Norfolk & Western. . . Northern Pacific. . . . , Ontario 9c Wcstero. . . , Penusy Iranis uo. prererreo. . . . . Republic Iron & Steel. . do. preferred Southern Pacific Southern Railway. . . . do. preferred St. Paul . Ten». Coal * Iron. . . Tfxss Pacific Union Pacific U. S. Rubber do. preferred. • . . . U V. Steel. do. preferred Western IJulou Wabash. do. preferred Wisconsin Central. . . . do. preferred .a* BS5 1W M I ::::i i?ft NEW YORK. Following Is the range In cotton futures to New York today* Oet Nov Pec Jan Feb March. . . April. . . . May. . . . July. . . . lA9A|10.^|lff.' 10.50j 10.58 15JI lie niPMi.78-80il0A6.88 ib;80 10.88 10.88-8911.094)1 10.40110.49 10.48-49110.62-63 I...1 10.52-54110. 10.62 10.67110.67-58 10.69-70 fu j? in r. ’lin tft /UJttt LIVERPOOL. Following Is the opening range, 3 p. m. and close, eompsred with yesterday's close: Futures opened easier. Opening _ Previous fc::: IS iSP*"* Nov.-Dee,... 5.(1 -5.87% 1.84 J.82H ft?-*?>••*••• 5.96 5.94% >*>.'98% 8.83 Msy-June. Jutie^July^ Closet! steadr 5.80 8.78% 6.77 iprll.. 5.78 -5.77 6.77 6.75% »y.... 8,7* 5.76% 5.74% ie 5.76 -6.78 6.7f> 5.73% ty.... 5.74 6.74 5.72 >.86 5.90 m 'M 5.79 5.78% 5.77% NEW ORLEANS. ilsIH-H awi • » . • ... . .. ■ I'/.DO-OJ I .; 10.6510.W10.MW.MIO.IM1 I TIPS PLASHED From Wall Street Special t<v The Georgian. (From ifnywnrd. Vick A Clark.) New York. Oct. 22.-J. B. Bache & Co.: There Is n rumor on the floor that the treas ury deportment will deposit 120,000.000 in the banks. .Market acts as If more stocks might come out. Would not buy until the situation dears up. ment I* likely to extend some day, but wo advise nil bolder* of loug atock to take their profit* on the bulges, a# the retirement of the shortage tins materially weakened the technical position of the mar ket. while the bear party Is merely awaiting n favorable opportunity to renew their war fare against values. The Industrials will naturally Invite the most aggressive attack and we would gr» short of the lending spccti- Intlve issues In this section ou all the mate rial rallies. There has been no change In either the copper metal or Iron and steel markets to Justify bullish hof>os lit regard to the securities concerned, nud, I11 our opinion, the metal Issues yrlll suffer further from forced liquidation and bearish manip ulation. Important banking Interests re sponsible for the mnrket Improvement merely wish to facilitate liquidation anil are not disposed to encourage any bullish operation!. Stork bought for supporting purposes will route out on all the rallies now. especially as the weak placet In the local banking situation have not as yet becu “■ ughly cleared up. president’* return to official activity [SLUMP IN LONDON BEAM FEATURE Started the New York Mar ket at Sharp General Declines. t'bwd steady. NOTES ON GRAIN Pointers on Provisions. Special to The Georgian. (Front Hayward, Vick Sc Clark.) Chicago. Oct. 22.—Bartlett, Ftpsler 9t Car rington: We see nothing In the situation to change our opinion on wheat values. The demand for the last few days bss not been good, nnd we would not be surprised to see prices for cash corn decline nearer to the price of May. Receipt* of oats are under tba estimate. Our advices from the country Indicate they are being pretty well shipped out of the country nnd that farmers’ supplies are lighter than ever beforo known St this of year. ..j still believe that after this run Is over the run of receipts of hogs will l»e very light. The Chicago Record-Herald: The expe rience of local millers had a counterpart In a number of other milling centers Saturday. Customers who had beet* solicited to buy flour and who bad been cold and Indifferent BEARISH FEELING - STRONGJN WHEAT The Opening 1 Was Weak. With Declines as High as 2c Being Noted. ST. LOUI8 CA3H QUOTATIONS. Wheat-No. i Corn—No. 2 Ohts-No. 2 102 @103% Chicago. Oct. 22.—Wheat opon«*l weak this morning, decllde* as high an 2c being noted. Bear feeling was strung, aided by loner cables from LlvernooC fnvornblo weather In Argentina, nuns In ludlau WEATHER REPORT. ATLANTA MARKETS. FRUIT AND PRODUCE. [25c. ’ .Icn, »rtlr». «e«c: chicken,, frlc, JilHi-**. Duck,, Pekju. J5c each; puddle. Mcb. Turkey, uctlrc. 15s ,M i>UK^ED POD I.TRY—Turkey j. drawn, active. »c pound; frlea nctlva, 20tf22%c IK* bens, tic pound; ducks, drawn, fancy, 15t !K rnoDrCE-Urd. lie pound: hum, uctlrj. lie pound: «h>uldcr« ucUt*. lO01Uuound! ,lde, ,ctlv». lie pound! butt«r. llJJIlc P»» pound: Ikw,w„ ncllre. Sc pound! hone; (bright! active. 16c pound rfil'ITS AND NUTS—Citron. Me pound; 'Ilmnnd., 1*C pntind: Br„ll. He pound: Filberts, IJHC pound: Kngllih w*lnut,jlJ« K uud. Demon peel. lr»- pon»d: orange peel. * pound. Lemons, fancy Mrsaena, 83-TcO per hnndmT l>e,nnt, In nek, nrer- ugln, 10P pound, eneb. owing to grume. (WSfc per ponnd. Jomslc, orsnge,. ».00r dried npnle,. UfUJke; dried penche. H!4c, FIs™ II 2i box. Date*. Mb- l*ck,ge. .tie. I- *10 ,111,, 12.00 box. t!r,lieu concord, 5- pound tmeket, lie: NtBjnrai Me: D»l«w»te- 25c. Mdlsga. L>« r keg.. Apple,, the price, thut hud been uiioted thci. wcamer in Argentum, rniua in uiuiuu They were, however. Invnrlaidv too ime. | Territory end Inernring receipt. Northwest. The foreign oc*-ept,nce* had anticipated; *hn weaknen of atoclt, nlwr had It, ef- 1 them, nnd even the mill, which hid no for- Several Urge connulnlop house, ■ - - * * - ----- ii rrp moderate seller* euriy, • .j fri • Saturday’s market. after the opening of Virainls/SoO: VKUETABI.EIr-lPotatcm per bushri n.M. ..-..yoratoe., McSl.W. O^KrSu'pSii GROCERIES. RICE -Jap. 6*h cent,; head, 5«.c; fancy head. Wf7Hc. aceordtur to tba grade. tillEKSE—Vaney full creara. Met Oeorata rare ft rots f7cgallon J salL 100 pounds* Ific*, axle crvsse* 81.75; soda ersektry. 8%c pound; Mttion, 8c; oyster. Te: barrel tgf.J** pound. 8%c; mixed, ner 8 pounds. i%c; toms- toek. ? pounds. 12.00 case; • pomide* 83.88, nsvv beans. 82.90; Lima beens, best matches per gross, 81-65; ® ...kitml- *nrdines. mustard. ^.50 * BT’GAR -SUfeddM granulated i.*; New Vo c«F^fe^ U AVh*^^ta.*: b^k oats. 82-25 case; sack grliSt^Sd-ponod b L; oysters, full weight^* case; pep j|e pound; baking powder, 85 raw; . in'.mon. esse; pink eslmon. 84-80 easel eacos. 45r; chocolate. 43%c; snuff, 1-lb Jars, 4lc; roast btef, 82.80 case; alrup (New Or HAYWARD, VICK & CLARK, • COTTON, STOCKS, BONDS, COFFEE, GRAIN AND PROVISIONS. Carondalst and Qravlar Sti- Naw Oelanna. MEMBERS i a fiKF 51 * Karas? gasp- F.-CW York nnd Chicago Correapondenta: * S, BACHE & CO., AND BARTLETT, FRAZIER & CARIIINirTON, •(UVATE WIRES TO ALL POINTS. wss written from Rangoon. In burmah. early last month, sod the other was from northeastern India. One claimed that an average of nearly * Inches of ralu had fallen dolly during August, and the Miraln* there ceased early last month.■ PAustralian drought unrelieved and a mneh more gloomy view taken of situation, said a Liverpool cable. New South Wales semi official report shows a decrease In acreage of 12% per cent and yield expected to be considerably balow average; only sufficient ■■■■■gSy local requirement*. • Yon of .New Vale* la*t year was 2I.400.00U bush- In the November 'Crop Reporter, Issued by the agricultural department at \\ ashing-1 ton, tho preliminary area for ths Argentina wheat crop of 1907-19M Is given at H.7f7.W0 acre*, as compared with 14.065.000 acres jor ■MIWand IL924.000 gcrasjforliflB-lW. Thai yiMdt cron was 155,977.609 bushels* 1905-1908 wn* 134.931,000 bushels. »r extravagant figure* from Ar- gentlnn 1* at band. One estimate was re ceived Hsturday wrhlob nlimedthe probable I exportable surplus at iBfi.oOO.OW) bnshels, y| on reports of perfect weather conditions. Oats wars easy %6%o lower. Provisions were weak on Inrge receipt* and lowor price* for bog*. Anothar das* of activity and active changes In alt the pits. Wheat was the leader and closed 2882 7-8c lower: corn was off 11-2192c; oats lost 6-8# l-2c and provisions were 12 l-206Oc lower. cel red Hsturday which plsced_the probable exportable surplus at lu'., 1O.WO.0i>> bushels nnd allowing nothing for home consumption or seed. - ■ Patten's house put out the following Hat unlay: ’’Russia’s lk» wheat crop was 6-J.I ooo.odo bualiels less than lu 1806, but she kept on exporting ns usual. Hence when the poor 1907 crop came In. Uusela fonnd her twynml the ,upply. We l>«ll«v» tb»t Bu«- sis Is actually ***■•** isenoooo hn*h. ... ^ ... short nlmut 15,609,000 bush els. Him will have plenty to do to feed her a°vcrr surplus over actual home need* and the foreigners are buying It at » ffHff rate. In a few weeks, we will be In the same boat with Itusals.” ***** ••While we l>egan the month with 45.«y> tierces more lard In store than Isat resr, say Roo* Jc Co... -our stock should show a decrease of 45.009 tierces on November 1. compared Wltb 28.000 tlercee last year. This lard Is nearly all being used la as the export business Is not whst U OhMBbl tie. If Enrope should begin to take onr lard In nny quantity. November lard would touch the 16c mark with esse. leans). 35c gallon: corn, »c gallon; potasl S3.25tf3.80 case; peanuts, fe; rope, 4-pfjr ton r'<-c; soap. 81.5994 case. 1 CANDY—Mick, assorted l%c pound; stlfk “ rt * d - ‘flour and grain. FLOUR—High-,t patenL M: h»,t p,t. -nt I5.T5: ,tan(l,rd imirnt. J5.55: hjlf - -nt B.S5: ,pri«g tvhrat p»t-nt. MS*. rons-N'S ! whit-. Ac: ckolee white, lie. Mlx-d, 15c. Cracked corn. S*pound xack, 'cHirKEN Fr.ED-Ptfty-pennd uek,. Ill ,«* coi,icn Oat,. «<•: whit, clipped. Sc: f,ucy ”iIEA1!—1*1,in• ‘Hpann.l rack,, kle: a- pound xack,, We; pliln, St-pound rack,, tee; *YlAV—'Tlniethy. choice Urge hnlM. 11.W: do. ehole- nnnll bol-,. tl-S: SjTl, one- third Inlet. H*: So. .. ono-thlrd bale* ^RHORT^'rhol,-- whir-, fancy, brown <99 to 196 pounds). 81.66r bran, 81.50. COTTON SEED MEAU-Prime per ton, $38.no; No. 2 per ton, 824.06; hull* per too* rii50 ' PROVISIONS. ll £ B ^ , ?onU U . P ,r.'g-, b ?<i4Vrif C fc.^i: nr. Supreme Inrd. 10Tk- Purity coinpound. Fi. L'allform, hnina, dry rtWh ».». bagging and ties. n,! *’ FISH. piffi'T25!%& SS5I! ■, as froff 19c pound; mullet per barret, 93.599 D^cembof 18.691 1 CHICAGO GRAIN MARKET. Chicago grain und provision quotations for today are •• follows* compared with yesterday’s close; Previous Open. High. Low, Close. Cloee. WHEAT— Dec. IHK May.... 107% July.... 160% tfORN- Dec.... M Mar--.- w July.... w OATS— Dec.... 12% Msr-- jS Jan... 16.29 Oct Jan... I.tn 1 Kbs- ,w Oct fe'WS »% 9»% 102% tm 5$ 48% 14.90 15.20 106% 1» 100 Eh 59% 53% 65% WEATHER CONDITIONS. Is central this morning nt Norfolk. Vo. .. secondary high area I* central today st Yel lowstone Park. The pressure Is decidedly lower over the lake region and the Ohio and upper MI**l*Rlpp| valley*, the center of lowest pressure being at Marquette. Mich, the deuresslou along the Pacific coast la centered at Kan Francisco today. Tempera- turn rises of « to 18 degrees are noted at stations fo the north-eentrni states and fails of 6 to 10 degrees In the middle Atlantic states and light to killing frost In North < arollna and Virginia. BlRewhere the tern- pernttiro change* are unimportant. Cloudy weather prevails over most of the cotton 1m»U and the Pacific slope nnd scattered •bowers have occurred throughout the same territory. Rain was falling at 7 a. to. today at Jacksonville, Fla., Thomasyllle, Os., Montgomery, Ala., ami Palestine* l’ex. Lxlstlng conditions favor clomly weather In this section tonight, with possibly raia; fair Wednesday. Ing the good raL_ nlty to make their purchase* later on. rotton. In our opinion, Is n sale on all bulges. We would continue to buy wheat on sharp breaks and would be quick to accept moder ate profits. MONEY AND EXCHANGE. New York,- Oct. 22.—Money on call opened 10; high 70; low .8; closed at 6; ruling rate 10. Posted rated sterling exchange $4.82 #4.86 with actual buslnesa In bank ers’ bills at $4.86(ff4.8550 for demand and $4.8104.8150 for 60-day bile. Mercantile paper unchanged. London—Bar silver 5-16d higher at 28 7-I6d. New York, bar silver 61 l-2e. Mexican dollars, 48 3-8e. Time loans firm; 60 daye 6; 90 days nnd elx months 61-2. MINING STOCKB. Boston. Oof. 22.—Opening: Butte Coslb tlou 11%. Popper Range 46. North Ilutte 35. 1’tSh 77%. Massachusetts Gas 46%. Hmeitlng 28, Hmeitlng preferred 31. LONDON STOCK MARKET. ,1dpi Baltimore and Ohio CbeMfieake and Ohio fan*illan Pacific .. .. .. Denver anil Rio Grnndc .. Erie .. do. preferred Illinois Ventral Kansas and Texas do, preferred Louisville am| Nashville .. Mexican Ventral Northern Pacific .. .. .. .. Norfolk nnd Western New York Central Ontario nnd Western .. .. Pennsylvania : ; delntr Rock Islai Philadelphia and Heading COTTON REGION BULLETIN. BISTKtCT. AU, efondy. r . . . . r *<'lmtinnoogn. cloudy. . . x<'oluinbus, cloudy. . . . xGnliiesvIlle, cloudy. . . . xGreenvIlle, cloudy.-. . . Griffin, cloudy •Moron. clond.r. ..... .Monthello, cloudy. . . . xRotue, cloudy xHpnrlanhurg, clear.. . . Toeeos, clear West Point, elotulv. . . . SI •Minimum temperatures are for sndlng k a. m.. this date, xReceived late; not included In averages. m LIVERPOOL GRAIN MARKET. 'loted ISti-'l lower. THE SUGAR MARKET. N.w York, C»-t. X -Dom-.tlo r-Oii-d nnd •t NWjd for hath. fNo—tnhtr quot-rl THE LIVE STOCK MARKET. hlrago. O-t. 21.—Hog,—R—ipt. l*(kjO. M»rk«t ,low to 10- low-r: light li.SGO.U: Cattle—Receipt* 14j0w. Market we»k to 10c lower; beeves 83.964W.lp: cows |l.30tf6.20 Texas steers l3.6dtf4.5o; islvea 8Stf7.50: west ern ateers 8I.40C6; stokers ami feeders $3.6064 so. ■- Sheep—Receipt* 7.009. .Market steady: sheep U8066.W; Iaml»» 84.75Q7.7o. THE METAL MARKET. New York. Oc*. 22. - A f!h* m/'ts les-hs •« y- lietter tendency prevail*, although tradlag f>ntluue«l In decidedly weak condition on "^'FftTwas llrnter. Hpot and near-by deliver ies were up U*. Other commodities were unchanged. THE COFFEE MARKET. The foRawIng flgnraa gits tha opening tnge and close la the New loth coffee inrktt for today: ^ Opening Range.. v; MM< • January j K5ST. p\r.r.. June •DU y August Sepf^mher - - MVfBbtr Closed Btcadf. 4.* ..a.wvsio . .ai94. \k ..6.194.29 4.154.20 4.154.2T, A2S4.30 . . .6.M4.94 Hales 17,909 iHtgi Close. |:mJ:S I.IM.Q0 4.894.06 4.064.19 6-lfe 6.3B 4.154,?1 420-426 6.65-8.76 vr»:.s» 5.895.85 Atfiiuiu. . . AtlgtlHtu. . . fInirle*toll. . (talresfon. . Little Rock. New Orleans. ••Oklahoma. . Navnnnnh. . . Vlckithtirg. DISTRICT AVI*UGH Southern Railway .. Southern Pacific .. . Ht. J’ntil Colon Pacific United State* Steel do. preferred .. Wabash, preferred .. Ntw Orleans. Oct. 22.—The Tlmes-Demo- ernt says: Yesterday’s cotton market de clined because there was no speculative support, aud liecnuse the speculative short, unable to cover until new sellers derelop, has turned his nltentlon to the Interior spot- markets lu the hope that a break In tbe farmers* ranks would bring about the de*lred results. Yesterday a report was ex ploited to the effect that the Farmers’ rnloti held 12.U0J luiles at Covington. Tenn.. which the bolder* were anxious to sell, l^ter on explanations were forthcomlnj -vhlrh said that the quantity waa 1.290 or bu; , . a not 12.009 jtbat there were identy of buyers In sight, but that the holders refused to nch cansnls ss the 12.000-hnle story arc well calculated m mlslend the Interior at a time students of the staple have reason to think a turn In the tide for the better la about due. The financial outlook Is eer- 11 7*' Wilmington 10 *2 3H ,09 "t. Indlmit-H Inappreciable nnnfalL ti» For yesterday. U‘» For 24 hours ending S a. m., Lower tempers tores prevslled over northern imrtton of the belt, with light to kllllug froft In portions of North Carolina. The temperature changes were unimportant in other sections. Light rsln fell lu Havan- imii district nnd In i»o*t gulf coast district* W. V. MARTIN, Observer, * Temporarily la Cbtrga. COTTON SEED OIL MARKET. WEATHER FORECAST. Washington, Oct. 22.—Weather condition* ml geuernl forecast: Fair and cool weather prerails la all arts of the country except In Florida and raftered localities in the julf states, whert tight rain has fallen. The northwestern disturbance bss reached lake Superior and has caused fight to fresh soothweaf“*“ wind* iu the upper Mississippi valley the lake region. In the next 34 boars this disturbance will move rapidly eastward and down the Ht. (jiwrencc valley* probably without rain of consequence, although fhtiv higher temperatures are Indicated, tin in probable In Florida and the east df mates. The temperature changes will lie mostly small ex<*ept In the Ohio valley nnd the lake region, where It will be colder Wednesday. Forecast until 8 s. m. Wednesday: Virginia—Fair and not quite so cool to night: Saturday clomly and cooler In the western portions; light to fresh southwest erly winds. Iieeotnlng westerly. • North I'srollna—Fair and warmer toairht anil Wednesday: variable wlnda. becoming Mill westerly and light to fresh. Sou?It I’amilna—Fair nnd somewhat warm er (••night Wednesday; variable winds. Georgia—Partly cloudy: possibly rain to- night: Wcdneislay fair; llgnt to fresh east- rly Ka Western i'iorfcla. Ala la ms and Mississippi Fair tonight aud Wednesday; light east erly winds. October Novenilier December January. .... March. ..... May. ...... "TTlosed easy. Hale*, 4.499 barrels. 4% U N I 0 fy 4 SAVINGS BANK Could Building CAPITAL STOCK . . . 6100.000.00 -rrr-| resources 1*777 4% *250,000.00 4,0 AVERAGED 2 PER CENT From Midday Until the Close Market Was in Panicky Condition. New York. Get. 2.’.—Profound excitement was apparent In all departments of the stock market today ns a result of the an nouncement that- the big trust companies of the city were under suspicion. The posi tion. us It now presents Itself, was pre cipitated by the resignation of I.. W. Mott, state superintendent of banks, who be came TMule-atrleken when he started his Investigation. The Set of the superinten dent was denounced a* coward!v by ill Wall street today. Ranker* felt that l»» should have RtiHHl and helped tho situation, ns he could not pdktlldy have been blamed for developments. iM'Ing a new man Id ih« uhcrcit* an opportunity of a life- presented to him to make a record ng up affairs. Hr * * J * c ‘ situation l>ecome around bigg lend prices melted to low level* not reached In mnoy year*. The chief point of woak- * was In stocks controlled 1»t Tbonjn* F. ....an and Charles W. Morse. American l« s stock fell to the unheard-of price of $M h arc. Consolidated ateanlshlp bonds cent gglng at 812 a share. InterbOro-Metro- pull tan sold down to 83 o share for ibe (‘••mmon nnd $12 fdr the preferred. Ths bonds went to $52. Ktery corporation In which Thomas F. Ryan and Charles W. Morse nud their allies are taMr#i(8d seem ed to be under pressure. Mfandard till stock finally upset the market by breaking 14 points to tbs now low level of 8*A>. American Tolwiceo broke because of ths Mclsurc by the government of Its products at Norfolk. Vs. Although there was no run on any hanking InsMtntlon* except the Knickerbocker Trust Company, everr bank In the city hid heavy demands for cash on the part of the depositors wh* took their money quietly nnd who •»! not re dc|H>Rlt It soinowh4ro else. The gfivArn- ineut came to the reicne ef the hanks by dc|H»sltitig 84,030,000 In cash about noon. Frederick G. Bourns helped the situation by putting $2,000,600 of bis personal boldine* In the Knickerbocker Trust Cwttpany. Hhortly after this the Inttlttitlon Issued k statement of Its assets which wn» discov ered to be a month old. call money was not to be had at ffir price, but the nominal quotation* ranged lie tween 4 nnd 15 pfr cent. The Nation* l City iMink loaned out sous money to old customers nt 0 per cent. Heavy liquidation of New York Central excited much eomuieut a* tho Stock came out In Inrge blocks, breaking to ths new 1 i>w record of 18. Other «ow record* touched n the trading waa Union Pacific 111%. 8». *aul 109, Northern Pacific ill. In nearly every stock the gains recorded In yester day’s movement were lost. Wheat broke badly, partly In sympathy with the stock market and partly on good weather new* from Argentina. Cotton also weak. Loudon wna excited anti American stocks there showed los»e* averaging ^ points. Now York, Oct. 22.—The lower quotation* from tendon thl* morning naturally tended to unsettle the local stork market. Prlcts opened at general declines averaging nearly 2 per rent for tba active Issue*. Union fa- i ltlc opened down 8%, Southern Pacific 2'*. Missouri Pacific '.’%. Northern Pacific *:. Great Northern preferred 1%. nnd. New gamated Copper lost 2% at the start, fiteel preferred *ohl off 1%. but the common lowt only a fraction. Anaconda declined 1\. There waa considerable profit-taking due to uneasiness excited by the overnight devel opments In connection with the Knlcker- bocker Trust Company and the bfar faction reautued Its aggreasiveoess. Closing bids follow: Railway Stocks. Atchison •* Atchison preferred *• Baltimore and Ohio *1% Canadian Pacific >1M Chicago aud Northwestern iwvi Chicago and Northwestern pfd Denver and Rio Grande Krle.. Illinois Central.. Louisville and Nashville Mexican Central Missouri Pacific New York Centrsl Pciiusylvuuta .. .. Reading llock Island Mock lehtttd preferred . Ht. Paul Southern Pacific Southern Railway .. . Union Pacific Wabash 9% liitcrlHirough-Metropulltan 6% |iiterlH>rougli-Mctro|H8ltan pfd D% Great Nortucrn •• •. Miscellaneous. Atualgaiutcd Copper American Car and Foundry .. .. American Locomotiva American Tobacco American Cotton Oil .. .. .. .. American Smelting and Refining do. preferred Brooklyn Rapid Transit Colorado Fuel and Iron National Blacnlt National Lead Pacific Mall People’s Gas Preseed Hteel Car Hlosa-Hheffield Hteel Sugar .. ». .. .. ... .. .. Tcuueasce Coal and Iron .. .. . United Htntea Hteel do, preferred Western I'ulon Mnckuy Companies .. „ .. ... • »»v* •R .. 18 • » fws ..tor 4 . ::r,, ..ui ,.iwr tel You Ex.rci,, Your Own Mind Wh.n You A,k for *n Adv.rti,Ml Ariiol,. Therefor*, iiwtet on gettinc wttU >ou axk for when inuring a purch,,*. The deal rrwho aub.tltute, relle, on hi, ahtllly to nuke you change your mind. He will «tv» you what you *.k for if you refuie a aubatltute. Rub.tltute ar. tide, pay him a larger profit. That - , why he trie, to change your mind. When your mind Ik made up keep It ao by inaittlnc on tettlnr what you cant. _ . . Accept No Substitute,. Atlanta National Bank ATLANTA, GA. C. E. CURRIER. Pro,Went. H. T. INMAN, Vle.-Pr.«id*n». GEO. R. DONOVAN, C„hler. JAMES S. FLOYD, Atll.tant 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 Examination,. Costing and Systematitin*. EMPIRE BUILDING, ATLANTA, GA.