Newspaper Page Text
12
THE ATLANTA GEORGIAN AND NEWS.
SATURDAY, OCTOBER 36. 1907.
FUTURES AT START
WERE QUITE STEADY
Initial Prices Showed De
clines of From 7 to
13 Points.
DIDN ’T FOLLOW CABLE S
Early Demand Satisfied,
Prices Eased Off, Clos
ing 7 to 12 Lower.
New York, Oct. 24.— 1 The cotton market
at the outset was active and quite steady,
prices being 7 to 13 points lower, Its feature
being heavy corering of January by a big
commission house. As soon as this order
was supplied the market lost gronnd again
and by 10:10 o'clock was off about 6 points
from the call lerel of January.
The New York futures market did not
fully respond to the weakness of Liverpool,
where prices at the close were sharply
lower than due. The close in New York
showed losses of 7 to 13 points ns compared
with Frlday'a finals. Fluctuations during
the two hours’ session covered a narrow
range with the close unchanged from the
opening figures.
NEWS AND GOSSIP
Of the Fleecy Staple.
Special to The Georgian. %
(From Hayward, Vick & Clark.)
New York, Oct. 36.-J. 8. Bach# & Ca:
Liverpool cablea due 7 to 7tt point* higher
on near and 4 to 4% points higher on iste
mouths. Opened quiet 1 point lower on
near and unchanged on late months. Closed
barely ateady, net 1% to 5% point* lower on
near and % point lower to 1 point higher
on Jat# month*. Spot cotton dull and easier
at 16 point* lower; middling uplands, 6.03d.
sales 6,000. American 4.000; speculation ami
export 600, Imports 11,000, Including 6,00o
American. .
After having aent better cable* than due
all the week, Liverpool falls today to re*
spond to our advance late yesterday after
noon. Near months are 8% to 13 fcngllsh
points lower than due. Spot* dull and
easier, at 16 decline; sales 6.000. Southern
spot markets were unchanged to %e lower.
Market may Improve a little on the better
financial outlooa, but think It will work
^Following Is the Liverpool .cotton state,
meat for tne week ending Friday, October
25th:
Week's sales
Of which American
For export...
For speculation
Forwarded .
Total stocks
Of which American
Actual exports....
Week's receipts
Of which American
Mnce September 1
Of wbJrb American
Stocks afloat
Of which American.......
i 1961 MT
49.000
42.000
666,000
472.000
6,000
90.000
66.000
329.000
240.000
244.000
193.000
38.000
29.000
1,700
400
76.000
26L0OO
184.000
6,000
92.000
79.000
366.000
297.000
411.000
368.000
Saturday 77777
jdtal since Sept. 1.,..,
1907.
1555:
46,362
71,104
1.40JA10
2,168,266
Jay;
„ 1907. 1906.
New Orleans 10,000 to 11,000 17,712
Galveston 9,000 to 11,000 31,384
Houston 8,600 to 9,600 16,090
SPOT COTTON MARKET.
Liverpool, quiet; middling 6.08.
Atlanta, steady; middling 10%.
New Orleans, easy; middling 1011-16.
New York, quiet; middling 10.95.
Savannah, easy; middling 10%.
Augusta, steady; middling 10%. ,
Mobile, easy; middling 10%.
Charleston, steady; middling 10%.
Wilmington, quiet: middling 10%.
Baltimore, nominal: middling 11c.
Boston, qnlet; middling 10.96.
Memphis, quiet; middling 11c.
Philadelphia, quiet; middling 11.30.
Houston, qnlet; middling He.
Norfolk, dull; middling 10%.
Galveston, dull; middling 11%.
TODAY'S PORT RECEIPT8.
New Orleans. . . .
Galveston. . . . .
Mobile
Savannah
Charleston. . • . ,
Wllmlqgtou. . . . ,
Norfolk?
New York
Pensacola
Various. ......
Total.
1J07.
8.203
7,699
14.872
2,118
6.429
4,389
14,309
29,381
2,648
15,111
INTERIOR RECEIPTS.
Memphis
St Louis. . . .
Cincinnati. . . .
9,267
8,963
6,479
1,937
10.929
4.945
4,783
2,132
J. 8. BACHE A CO/3
DAILY COTTON LETTER.
Liquidation of long* and selling of futures
against actual holdings of cotton were thn
features of the trading. Evidences that
farmers are letting go their Knee as the
prices decline and as tba financial situation
becomes more active. After opening from
9 to 11 points lower on weaker cables fur
ther declines were recorded. The Chronicle
reporta from the Mouth Indicate fair weatb-
>er»for-tha week/ Thi* fact, coupled with
the financial storm, baa done more harm
to prices than any other factor. We favor
the selling side of cotton for the present.
HESTER’S WEEKLY
COTTON STATEMENT
Secretary Heater’s weekly statement for
the week ending Friday, October 26, shows
a decrease In the movement Into sight com
pared with the seven days ending last year
In round figures of 196.000. an increase of 1
over the tame days last year of lO.OOO and
iMdecrease under the same time In 1904 of
for the fifty-five days of the season, the
totals abow a decrease under last year of
127,000 and a decrease under the same period
gear before laat of 664,000 and a decrease
under the same time In 1904 of 106,000.
The amount brought Into sight during
tha past week has been 464.127 bales, against
1*6,971 for the seven daye ending this date
last year, 443,963 year before last and 659,076
same time In 1904; and for the twenty-five
days of October, it has been 1,421,301,
■gainst 1,798,687 last year, 1.606,661 year be-
* and 1,963,658 same time In 1904.
ovement since September 1 shows
at all United States porta 1,867,163,
2,097,111 laat year, 2.127.956 year be-
..—— ..... ,M1 year
fore laat and 1,963,658 same time In 1904.
The movement aim "
receipts
gmrfast and 2,47t,8fc same time Tu 1904.
Overland acrosa the Mississippi, Ohio and
Potomac rivers to Northern mills and Can
ids 61,076, against 72,700 last year, 72,871
rear before last and 96,746 same time In
1904; Interior stocks In excess of thoee held
It tba close of the commercial year 240.910,
igalnst 207.619 last year, 309,624 year before
last and 336,814 same time In 1904: Southern
ulUs takings 417,000, against 416.865 Inst year,
)l0,071^jesr before last and 361,639 same time
These make the total movement for the
9fty-flve days of the season from September
1 to date 3,266,139, against 2,798,185 last
.IMiS Inst
1,280,430 last year, a decrease of 335,862.
ilnee September 1 have decreased
The total takings of American milts. North,
lonth and Canada, thus far for the Mason
lave been 611,088, against 661.420 last year,
rhese Include 200,964 by Northern splnuers.
igalnst 242.699. . ,
Stocks at the seaboard and the twenty-
line leading Southern Interior centers have
ncreased during the week 202.119 bales,
igalnst an Increase during the eorrespond-
i g period last season of 199.386 and are now
J0.6M smaller than at this date In 1906.
Including stocks left over at porta and
nterior towns from the last crop and the
lumber of bales brought Into night thus
'at from the new crop, the supply to date
• 2,414.141, agaJoat 3,000,96© for the same
lertod last year.
New Orleans, Oct 28.-Hayward, Vick &
Clark: The weather map, complete, inrtl
entea continued cloudy nnd rainy weather.
Cold ware remained stationary In the north
west May be delayed a few days, but
should strike early next week.
Liverpool cables: “Market nervous, fear
ing south will be forced to aell freely.
Stock exchange better.”
WORLD’S VISIBLE
SUPPLY STATEMENT
Secretary Heater-, atatement of the
world', visible supply of cotton for the
week ending October ?5, made up from
special cable and telegraphic advlcea,
compare, the figure, of thla week with
laat week, laat year and the year be
fore.
It show, an Increase for the week
just closed of 198,888 against an In
crease of 880,251 laat year and an In
crease of 118,994 yoar before laat.
The total visible Is 2,987,716, against
2,788,897 last week, 3,000,298 last year
and 8,686,216 year before last. Of this
the total of American cotton Is 2,206,-
839, against 2,000,951 last week, 2,250,-
298 last year and 2,942,218 year before
laat, nnd of all other kinds, including
Egypt, Brasil, India, etc., 780,876,
against 787.876 last week, 760,000 last
year and 724,000 year before laat.
The total world's visible supply of
cotton as above shows an increase com
pared with laat year of 12,288 and a
decrease compared with year before
last of 678,601.
Of the world’s visible supply of cot
ton as above there la now afloat and
held In Great Britain and continental
Europe 1,614.000 against 1,313,000 last
yaar and 1,802,000 year before last; In
Egypt 104,000, against 106,000 last year
and 86,000 year before last; In India
327,000, against 390,000 last year and
348,000 year before laat, and In the
United States 1,043,000, against 1,191,-
000 last year and 1,400,000 year before
last.
ATLANTA MARKETS.
FRUIT AND PRODUCE.
EGGB—Active, 24VH226C.
LIVE PODLTHT—Hens active, <0C«c:
chickens, fries, 27H®40c. Decks, Pekin, He
each; puddle, 90c each. Turkeys active, 16e
per pound.
DRESBED POULTRY—Turkeys, drawn,
active. Me pound; .fries active, 20O22HC lb.j
bens, Ho pound; docks, drawn, fancy, It,
.right) active. 16c pound.
FRUITS AND NUTS—Citron, 20c pound;
almonds, 18c pound; Braill, 14c pound;
Filberts, W4c pound; English walnuts, 16c
pound. Lemon peel, 16c pound; orange peel,
15c pound. Lemons, fancy Menaces. $.1.75®
4.00; bananas, like pound; pineapples, Flor
ida etocs. K0004.60; limes, Florida stock,
75c por huuUrrd. Peanuts In sacks aver-
gins 100 pounds each, owing to grade,
kttic per pound. Jamelce oranges, 16.00:
risd apples, 12«l2Hc; dried pesciee. 1414c.
Ige. 11.25 bov. Dates, 1-lb. package, 7Hc. L.
L Boletus, $2 00 box. Grapes Concord, 6-
pound bucket, lie; Nengsras. 20c; Delaware,
Mslnas, per keg. $5,6p®6.qo. Apples,
sweet potato**, 60040c. Onions. $1.26 bush.;
Spanish, $1.60 crate; kraut H barrel. $175;
cabling*. X Virginia, l%c lb.; Danish. l%o
GROCERIES.
lUCE-Jnp, 6% cents; heart, 6177c; fancy
heart. 707%«v according to tba grad*.
CREESE—Fancy full cream, lie; Georgia
can* ayrup. 17c gallon; salt, 100 pounds, Wc*,
{ xls grease, $1.75; aorta crackers, 6%c pound;
•mon, 8c; oyatsr, 7c; barrel candy, per
pound. 0%c; mixed, per 8 pounds. 6%c; torn*,
toes, z pounds. $100 case; I pounds, US:
navy beans, $2-90; Lima beans, 7c; beat
matches per gross. $1.65; macaroni. 4%07c
pound; sardines, mustard, $3.60 case.
SUGAR-Standard granulated 1.30; New
York refined. 4.90; plantation, 6c.
COFFEE—Roasted, Arhnckles, $16.00: bulk
Id bags and barrels. 12c; green. 11012c.
Shredded Macnlt. 16.00 case: No. 1 rolled
ta. $3 28 case; sack grits, 96-pound bags,
; oysters, full weight. $2.25 case; pepper.
_ e pound; baking powder. $5 rase; red
salmon. $5 rate; pink salmon. $4.50 case:
cocoa, 45c; chocolate. 43%c; snuff, Mb Jars,
« r, roast beef. $2.60 case: alrnn (New Or
ms). 35c gallon: corn. SOe gallon; potask
$3.2601.80 case: peanuts. $c; rope. 4-ply cot
ton. 22%c; soap. $1.$004 ease.
CANDY—Slick, snorted 6%e pound; stir*
assorted. 6%r pound: fancy assorted, palls,
0%c: chocolate drops, pells, 13%c: Elk. a*
sorted, ten hoxea $5.50.
FLOUR AND GRAiN.
FLOUR—Highest patent. $4.26; best pat.
ent, $6.75: standard patent. $5.60: half pat»
ent. 95.25: aprfng wheat patent. $4.25.
CORN—No. 2 white. 85c; choice white, Me.
Mixed, 85c. Cracked corn, 96-pound sack,
Me.
Cl
Urlns cnic* imi, ii.ni.
OAT8—No. 2 white. Me; No. 3 mixed. 66c.
Golden Oats. 65c; white clipped. 68c; fancy
White clipped. 70c.
MEAL—Plain. 94 pound sacks, 81c; 48-
pound sacks. 83c; plain. 24-ponnd sacks, Be;
germ. $1.60.
FI AY—Timothy. choice large hales. $1.30;
do., choice email bales, $1.25; No. l, one-
third bales, ff.20: No. 2. one-third bales,
$1.20. Bermuda, 90c.
SHORT#—Choice white. $1.75; fancy. $1.75;
brown iWi to 100 pounds). $1.60; bran. $1.50.
COTTON FEED MEAL—Prime per tog,
$24.00; No. 2 per ton, $24.00; hull* per ton,
PROVISIONS.
PROVISIONS— Supreme hnmn. 15c: be!
Ilea, 20025 pounds average. 10%; fat backa,
$.20. Supreme lard, 10%. Purity compound,
9*4. California hams, 10c. Ex-ribs, 9%.
GAGGING AND TIES.
BAGGING—1% lb . 10%c; 2 lb., 11% C ; 2%
lb., 12%c: re-rolled (second hand). 7%o.
TIES—New $1.16% bunch, second band
61.06.
Edited by
Joseph B. Lively.
MARKETS
Mr. Lively’s twenty-fire
years’ experience of ed
iting markets In Atlanta
and the South has made
blm a recognized au
thority In his specialty.
TIPS FLASHED
From Wall Street.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
NAME OF STOCK.
Amtl. Copper
Am. Ice Securities. .. a
Am. Bugar Refinery. . •
American Smelting. • •
Arm. Lecomtlve. ....
do. preferred. ....
Am. Car Foundry. . • •
American Cotton OU.. •
Anaconda,
Atchison •
do. preferrod
antic C. Line
— joklyn Rapid T. • . .
Baltimore X Ohio. . • •
Chesapeake A Ohio. . •
Canadian Pacific. • • • •*
Chicago A Alton. . . . .
Consolidated Gas. . • • •
Central Leather
„ do. preferred
Colorado Fuel k Iron. .
Corn Produce
Colorado Southern. .. .
Delaware A Hudson. . .
Denver A Rio Grande. .
Is tillers’ Securities.. .
Brie. .......... .
_ do. preferred
General Electric. . .. .
Great Western. .....
Great Northern pfd. • .
Illinois Central
Interboro
_ do. preferred
Kansas A Texas. ....
48
10%
102
S3
4874
iSP
m
3*
30
74%
m
26
31
75%
64%
sF
81%
82
155 V
.156%
*MT
11%
nv
14*
U
ii?4
55
127**
in *
1
106’
s
118
6%
8
ioe"
i,I»
Ilf
6%
25~
2S"
NAME OF STOCK-
Kansas X Texas pfd. .
Louisville A Nashville.
Missouri Pacific. • . •
Mexican Central. . • .
New York Central, a,
Northwestern. • , . .
National Lead. . • • .
Norfolk A Western. . .
Northern Pacific. . . . .
Ontario A Western. .. ,
Pennsylvania. ......
.Pacific Mall
People’s Gas Co. . . . ,
Pressed Steel Car. . .
Reading . . .
Rock Island
do. preferred. . . . ,
Republic Iron A Stool. .
do. preferred. . . . ,
Southern Pacific. . . . ,
Southern Railway. . , ,
do. preferred. . . .
St Paol
Tenn. Coal A Iron. . . ,
Tdxaa Pacific.
Union Pacific. ••••.,
U. S. Rubber. ......
do. preferred. • • . ,
U. K Steel.
do. preferred
Western Union
Wabash
do. preferred
Wisconsin Central. .. ,
do. preferred
»
NEW YORK*
Following Is the range In cotton futures ln
New York todsy:
!
Ea| 5
1
11
f!
Oct
Nov.. . , .
Dec
Jsn.. . . .
Feb
March. . .
April. . . .
May. . . .
July. . . .
10.16
10.10
10.29
10.10
io.ii
iaf»
10.22
kWiaifc
10.1010.10
10.32 10.26
10.11 10.04
lb’.iolio.ii
io.23io.i6
10.22)10.16
0.15
10.11
i m
10.10
iiui
io.ii
10.22
10.13-ft
10.11-13
10.31
10.10-11
10.15-17
10.17-18
10.19-20
10.21-22
10.21-22
10.23- S
10.21-23
10.42-46
10.18
10.23- 25
10.24- 26
10.27-29
10.31-33
10.30
Closed ateady.
LIVERPOOL.
Opening
Range.
October 6.7$%-6.71%
Oct.-Nor. 6.76 -5.77
Nov.-Dec 5.67
Dec.-Jan 6.62 -6.64
Jan.-Feb 6.62 -5.64
Feb.-'March 6.62%
Previous
:iosc. Close.
1.73 5.78
6.75
6.66
6.61
6.61
6.60
6.61%
5.60
5.89%
March-April 5.60 -5.61% 5.59 5.69
Anrll-Mny 6.60%.5.6l% 6.68% 6.59
Jfay’-June 6.60 -6.62 6.58% 5.58
NEW ORLEANS.
Following Is the range In cotton futures In
i
1
33
1
si
Cd y
6ct
Nov
Dec
Jon
Feb
March. . .
April. . . .
May. . . .
July. . . .
io3S
io.ii
10.14
i‘0'20
10.2s
10.66
iolii
10.16
ioiii
Urt
1O.36IKX50
io.iiio.is
10.0910.10
ioliijiaie
WM ia#
16.SU0
10.81-22
10.12-13
10.10-11
10.11-13
10.15-16
10.17-19
10,21-22
10.25-27
10.46-47
10.36-37
10.25-26
10.24- 26
10.25- 27
10.30-31
10.80-32
10.34-36
10.38-40
NOTES ON GRAIN
Pointers on Provisions.
iesa man z.uw uarreia stunner
» preceding week. Th equanttty
wae 357.660 barrels, against 316,-
and 471,265 In 1906. Two less
HAYWARD, VICK & CLARK,
COTTON, 8TOCK8, BONDS, COFFEE, GRAIN AND PROVISIONS
Carondetet and Gravler 8ts^ New Orleans.
MEMBERS;
Few Orleans Cotton Exchange. New Orleans Future Broken* Association.
New York Cotton Exchange, New Orleans and Chicago Boards of Trade,
Datessta* Cotton Exchange. NewYorkCnffse Exchange.
Beuston Cotton Exchange, Associate Members Liverpool Cotton Ana
New York and Chicago Correspondents:
J, S, BACHE A CO., AND BARTLETT, FRAZIER A CARRINftTON,
raiYATt wines to all points.
The Chicago Record-Herald: With s wild
wheat market and a decline for the week
of 12c trade In flour has been Irregular but
of fair volume, isya the advance proofs
of The Northwestern Miller, wired to Logan
A Bryan. It la safe to say that salea of
Minneapolis mill* during the week exceed
ed the output by a liberal margin. The
foreign trade displayed unusual Interest In
flour, and made comparatively favorable
bldg. Even on pateut the demand wag
pretty good, and a generous business would
have resulted had not mills opportunity
to sell on more profitable terms In domestic
markets. The Minneapolis flour output last
week was less than 3,000 barrels smaller
than In the pre ** * “*
turned out was
730 In 1906 and
mills were in operation today, and should
they remain Idle all the week It would
- 50,000 barrels reduction. That
the week's output around 310,-
000 barrels, against 349,410 a year ago.
Broomhall cables that the Russian govern
ment has voted $3,500,000 to relieve the dis
tress 4n certain provinces, which Include
nine Important wheat growers.
Rots T. Smyth A Co. Liverpool, Eng
land. cabled Furness 1 lately: "Wheat quite
sound, unless there la a general break-up
In American finances. Reports of rain In
India untrue.” . ,
New England re-sold more oata to Chicago
Wednesday than were bought here by the
entire East. The money situation was
Inching the Eastern dealer pretty hard.
Jboae who hid for oata here stipulated that
draft should be made payable only on ar
rival of the grain at destination. Very
similar stipulations accompanied the bids
for corn. Tbeso unusual and entirely un
acceptable conditions were asked by some
of the strongest house* In the East
An unusually large readjustment of pro
vision accounts has been made In the last
four or five days. Longs havo been quietly
reducing their holdings und aborts have
l»een reducing their open risks. Aa n re
sult of the readjustment there has been
a change In the lard position. Cash lard,
which was 2%c premium over October de
livery recently, wa* down at the close
Wednesday to 2%c discount.
An Important bulletin will soon be Issued
by the department of agriculture at Wnjfli-
tngton concerning the meat Industry In If*
varloua branches. Including production, per
capita consumption, and percentage neces
sary to export. The Importance of raising
meat animals and of slaughtering nnd pack-
lug appears In the statement that a capi
tal of $10,626,000,000 la directly concerned, an
amount flve-stxtbs as large as all capital
Invested In manufacturing In 1904, a little
greater than the estimated true vain* of
all property situated In the aonth central
division of states In 1904, ns also of all
property situated In the Rocky Mountain
and l’aclflc region.
SPINNERS’ TAKINGS
AMERICAN COTTON
8^-rotary Heater Rive, the taking,
of the aplnnera of the world aa fol
lows, in round numbers:
Thla week 248,000 thla year, against
232.000 laat year, 297,000 year before
loet.
Total ilnee September 1, thla year,
1.403.000, against 1,406,000 laat year, and
1.622.000 the year before.
Of this Northern aplnnera and Can
ada took 208,000 bales thla year, agalnet
243.000 last year and 312,000 the year
before: Southern aplnnera 423,000,
against 419,000 laat year, and 414,000
the year before: anil foreign spinners
776.000, against 796,000 laat year, and
896.000 the year before.
THE COFFEE~MARKET.
The following Ogurea gtre the opening
range and close lu the New York coffee
lueraet for today:
Opening
Range. Close.
January •• •• . ..'.60*65 5.70-5.75
February 5.665.70 6.75-5.80
March .. 5.705.*) 5.90-5,85
April 5.80-5.85 6.85-5.90
May 5.90 5.95 6.95-6.00
June 5.80-6.90 5.95-6.00
July 6.80-5.90 9.00-6.06
August .. .. .- ,5.90-5.95 6.006.05
- . .6.96-6.0} 6.05-6.10
September
October .
November 6.to-5..s) 5.53-6
December 6.60-5.70 5.705
Closed steady. Halea 13,000.
COTTON SEED OIL MARKET.
i New York cotton •eedofl
WHEAT WAS NERVOUS
WITH KES HIGH
Advance Did Not Hold, Sell
ing Back to About Fri
day’s Close.
Chicago, Oct. 26.—The wheat market wna
nervous and prices % to ?fcc higher at the
. Cables closed %d higher. The
think I’dttek is
tnrougn witn ms deal on the bull aide of
wheat. The early advance did not hold, and
at the end of the first fifteen minutes' trad
ing prices were back to about yesterday's
final figures.
Wheat closed 101%o higher; corn wna up
%@%c; oats were unchanged to %c higher
and provisions were ?%015c higher.
CHICAGO GRAIN MARKET.
Following are the Chicago grain and pro
visions quotations for today, compared with
yesterday’s close:
Previous
Open. High. Low. Cloy. Close.
WHEAT—
Dec.... 99%
May.... 104%
July.... 101%
CORN-
Dec.... 67%
R
OATb—
Dec..*.. 60%
May.... 63
July.... 48%
100%
107%
101%
4H
TORK-
Jan.. 14.77% 14.90
May... 16.06 15.20
l«Altl>—
Oct.... ....
Jan... 8.60
May... 8.66
RIBS—
Oct...
Jan... 7.70 7.72%
May... 7.92% 8.00
^ Ik
59 Vi 69% 687$
IS 1 IS
7.62% 8.37%
8.60 8.47% 8.60 8.60
8.77% 8.66 8.77% 8.66
LIVERPOOL DRAIN MARKET.
WEATHER REPOET.
WEATHER CONDITIONS.
The center of highest pressure Is at Buf
falo. N. Y.. this morning, the pressure being
decidedly higher over the Ohio valley, the
lake region nnd New England, and the tem
peratures considerably lower throughout
most of the same territory. A secondary
high area covers the Rocky Mountain re
gion. Between these two areas Is a trough
of relatively low pressure extending from
north to aouth across the United States,
with the lowest barometer at Blamarck, N.
Dak. About this eentar the temperature Is
10 to 18 degrees higher than on yesterday
morning. Another slight depression remains
In the Pacific slope region. This arrange
ment of the pressure element Is causing
cloudy weather over the cotton belt, the
middle Mississippi valley and over the re-
S on west of the Rockies. Rain has fallen
the last 24 hours In the same territory
west of the Mississippi. It was raining at
7 a. m. today at St. Louis, Mo., Shreveport,
Ln.. and Palestine, Tex.
The eastward drift of the high nnd low
CDTTON REGION BULLETIN.
mnon
mtm
turner.
r»,itit»n.
ill
111
Kn.l
St/e. 2
Atlanta, p. cloudy
•Chattanooga, cloudy. . . .
Columbus, clear
xGstnesvtlle, clear
Greenville, clear
xGrtffln
•Macon, clear. .......
x.Montlcello. clear. . . . .
Rome, p. cloudy
Spartanburg. . . . . .
xToceos, cloudy
West Point, dear
73
76
84
70
70
79
79
76
77
73
78
bV
47
62
47
45
48
60
40
45
48
48
;2S
:8
.66
.00
.00
.00
.00
.00
•Minimum temperatures
art for 12
hours
xRecelved late; not Included lu averages.
Heavy rainfall (1.04) at Greenville, Trie,.
New York, Oct. 28.—J. 8. Bnche A Co.:
It looks very much like clearing house
till rates will be Issued.
It was authoritatively stated last night
that clearing house certificates would he is
sued today, aud that notification would
come out at 11 o’clock.
Dumont Clark announced this morning,
after the meeting of the clearing house com
mittee. that a meeting of the New lork
Clearing I/ouse Aaaoolatlon bag been call
ed for 11:39 n. m., to consider the ques
tion of Issuing clearing house certificates.
Town Topics: We do not look for any
Imii.^Ilnte great advance In the general
market because there will be renewed liqui
dation breaking out as new points of weak
ness In the banking world develop. • But
the Wall street situation Is clonrlug. aud.
In our opinion, the market has turned.
Stocks bought by the Important Interests
for the support of the market will be
coming out on the rallies and naturally
sharp set-backs are to be expected, but
these should be taken advantage of to buy
the better class of stocks, ft would be
wise to buy Issues like Union Pacific, South
ern Pacific, the Hill stocks and Reading
for the long pull, as there will be great
profits In these securities If held for sev
eral months. The Copper metal trade s
brighter at the moment, and as Smelters Is
heavily oversold It would not be surprising
If that stock took the lead of the Indus
trials In a sharp rally.
Such rails as Baltimore. Louisville. At
lantic Coast Line, Pennsylvania, Atchison
nnd Northwestern may be bought by In
vestors without fear. Shorts are still stub
horn, and will he forced to cover much high
er If they do not do so soon.
On any further decline, cover short cotton
nnd wait for a good rally before selling
again.
We would buy wheat only on the very,
sharp breaks for turns.
NEW YORK BANK STATEMENT.
New York, October 26.—The weekly state-
nent of the New York Associated banks
ihows the following changes:
Loans $1,087,117,000; Increase $10,864,700.
Deposits $1,023,772,000; decrease $1,939,400.
Circulation $51,398,300; decrease $214,100.
Legal tenders $58,283,700; decrease $3,973,-
00.
Specie $196,426,000; decrease $8,927,300.
Reserve $254,700,700; decrease $12,900,800.
Reserve required $256,943,000; decrease $484,-
60.
Deficit $1,233,300; Increase $12,415,950.
Ex-United States deposits $10,782,600; in
crease $9,012,576.
MINING 8TOCK8-
Coal!
36;
_ _ pre
ferred 79: Smelting preferred 29; Osceola 75.
Market strong.
Boston. Oct. 26.—Opening: Butte Co
tion 11%; Smelting 27; Nofth Butte
Utah Mining 29%; Massachusetts Gas i
MOVEMENT OF COTTON
DURING PA8T WEEK.
Following is the statement of the move
ment of cotton Into sight for the week and
since September 1, as compiled by Superin
tendent King of the New York Cotton Ex
change:
Weekly Movement.
This
Year.
Port recelpta 321,615
Overlnnd to mills and Canada 19.184
•Southern mill takings 41,000
Gain stocks at Interior towns 69,085
Last
Year.
465,878
48,162
Brought Into sight for week.445,884 567.943
Total Crop Movement,
This Last
Year. Year.
Port receipt* 1.566,347 2,169,542
Overland to mills and Can
ada 51.388 67,181
•Southern mill takings 239.000 375,000
Stocks at Interior towns In
excess of Sept. 1 239.990 202,014
Wheat closed %®% higher.
Corn closed unchanged.
NEW JOBBING PRICES
NAMED ON DOMESTICS.
The New York Commercial: In a circu
lar tent out Thursday to retailers. The
II. B. Claflln Company announced a revision
of prices on bleached goods, brown cottons
and several lines of colored goods. On 4-4
Fruit of the Loom 10%c Is the uew price,
on Lonsdale 10%c, on Hopes 9%r. The firm
states that it has a fair stock of goods
to offer at the new prices, and that
ders will be filled In the order they are
received. First hand agents positively'de
clare that they are making no reductions
In prices and do not contemplate making
any. Owing to the unsettled conditions lu
the financial world, dry goods commission
merchants and selling agenta are advising
nil buyers to be cautions In placing addi
tional orders for the spring season. It la
not the desire of the primary market fac
tors to get their patrous to order more
goods than can he disposed of profitably,
aud there la aouod business Judgment back
of their suggestion that buyers move with
more than ordinary caution. The sales for
the day were not heavy in any division of
the cotton goods trade nnd except for
some picking up of spots In gray goods
ami light sheetlnga sellers did not book new
business.
8TOCKS ACCUMULATING IN
HANDS OF INTERIOR HOLDERS.
steady. Sales, 2,900 barrets.
CHICAGO CAR LOTS.
Today.
Tomorrow.
333
2S7
7.000
t’orn
Oats . . .
New Orleans. Oct 26.—The Tlmes-Demo-
crot snya: ’'Were It not for the fact that
the burden of accumulating stocks of cot-
ton ln the hands of Interior holders Is in
creasing at a comparatively rapid rate, the
friends of the staple might find encourage
ment In the knowledge that the spinner
uiny now buy supplies from the speculator
cheap enough to warrant the expectation
of u I;renter consumption of the raw mate
rial than would have been the eaae at the
higher level with the goods trade on the
decline. But too much uncertainty lurks
behind the day’* financial affairs to Justify
the belief that money matters will soon be
adjusted to fit the convenience* of every-
body or that the til effect In general la not
to l*e felt In acute form later on. In the
week Just ended stocks of cotton at couuted
Interior towns gained 67.000 bales, as against
a gslu of last year of 67,0(K^ notwithstand
ing receipts at those towns were only 210.000
as ngainst 319.000 laat year. If the crop
prove* sufficiently ahort to give the farmer
the up|>erhaml In the actual supply and
requirement equalization an about-face In
current tendency will not long be delayed.
But If, on the other band, more than
enough cotton has been made with which
to meet the world’s requirements the pres
ent day trend of supply statistics must
sooner or later mean cumulative troubles
for the cot ton-producing states. At the mo
ment the Texas spot oasis Is on a parity
w*tb that of New Orleans, probably for the
first time this season, and Galveston offL
rial quotation of ll%c for middling Is
therefore absurd."—Hayward, tick A Clark.
CfffTJMl
STATIC*.
£ Ttmpirafrt,
|j| Mas. I Via. 2
Atlnnta.
Auguatn
('hnrlestou
Galveston
Little Rock
Memphis
Mobile
Montgomery. . . , ,
New Orleans. . . .
••Oklahoma
••Savannah
Vicksburg
Wilmington. . . .
Trnr
Sumer mruu
If
iu 74 52
T. Indicate. luapprMi.bl. ralnf.IL
y„trnluy. 12) For 24 boor* fndlDg I ».
iSth meridian tlmt.
. Remnrka.
IIlKhrr temperature, prevailed alone the
Atlantic coa.t and higher minimum temper
ature) were recorded on the we.t gulf
eoa.t; elsewhere the change, were nnlm-
PJflant. li.ln fell over the we.tern hair
of the belt.
W. V. MARTIN, Observer,
Temporarily In Charge.
WEATHER FORECAST*
Washington. October 26.-W*ather condi-
tlona and general forecast:
The period of fair weather that has pre
vailed for aome days past Is about at an
end. During tha past twenty-four hours
the general rain area has advanced from
Kansas and Missouri to the Ohio valley.
The shallow depression that caused this
rain nppears to be filling up. hut a second
and much more extensive disturbance Is
moving eastward over the Missouri valley
Rain Is Indicated for tonight and Stidnuv
over the Ohio valley and the western por
tion of the middle Atlantic states, extend-
Ing by Bnndsy night to the coast. Rnln
also Is probable tonight and Sunday In the
east gulf states. It will be somewhat warm
er In all parts of the Washington district
Forecast until 8 p. m. Sunday:
Georgia—Rain late tonight or Sunday:
warmer tonight In central and northeast
portions: fresh east to south winds.
Virginia—Increasing cloudiness tonight
with rain by early morning; Mtindaj rain
and warmer: fresh easterly winds.
North Carolina and .South Carolina—Rain
tonight or on Sunday; fresh uortbeasterlr
shifting ts southeasterly, wind®.
Eastern Florida—Fair tonight and Sunday-
light variable wind*, becoming freah north
easterly.
Western Florida and Alabama—Rain to
night or Sunday; warmer tonight In north
eastern Alabama: variable winds, mostly
southerly and llgiit. 7
Mississippi-Rain tonight: colder In north
west portion: Sunday probably fair; light
southerly shifting to fresh northwesterly
winds.
Kentucky— Rain tonight and Sunday.
Tennessee—Rain tonight; warmer In east-
ern portion; Sunday rain and colder.
Louisiana—ftntn tonight; colder In north
ern portion; Sunday showers; light to
fresh southerly winds.
Eastern Texas—Fair ln northwest: ahow
J. J. BARNES-FAIN CO/S
FRUIT AND PRODUCE LETTER.
Atlanta, Oa., Oct. 26.—Trade has been
somewhat quiet thla week. Prices hare
been firm on all quotations.
Cabbage hat shown a decline of %c per
pound ou New York atock. Virginia stock
•rnnlns as quoted, and the demand has
pen for Danish In preference to Virginia
ibbage.
Ilutnhngs turnips have been scarce, and
te supply not equal to the demand.
Irish potatoes, onions, etc., have been
-a -,,1^ quoted.
apples are coming In. and are
lemons, grapes, cocoanuta. dried frnlta.
nd nuts showing a ateady demand, prices
etnnlnlng unchanged.
Eeas are still scarce, all offerings selling
radllr at 24% to 26c per dozen.
Poultry remains about the snrftc as laat
reek’s advices. The demand for fries la
nmewhnt Improved, the atock selling from
5c to 82%c, and, offerings have not been
ulte so liberal. The market Is now In lief
er shape than It has been for the past two
weeks.
We look for a ateady trade next week In
all lines of produce, nnd expect that eggs
will ahow an advance by next Monday or
Tuesday.
TONE WHS CALMER
AT M OPENING
First Prices as a Rule Show
ed Gains From Fri
day’s Closing.
SOME WERE SHARP
Copper Closed 2 Points Up,
While Union Pacific Lost
21-2 Points.
New York, Oct. 26.-There was a
tone at the opening of the atock market to
day nnd first prlcia ns a rule showed gains
from Inst night. Union Pacific opened l p Pr
ceut higher, but gradually loat th** galu
St. Paul’sold up n point. Delaware nmi
Hudson fluctuated between 129% and r?v
ngnlnst 128 last night. The Improved io{>*
In the copper metal market caused nu cirir
sharp advance, extending to 2 per cent i»
Amalgamated Copper, but a tenet Ion of \
per cent followed. American Smelting ml-
v»need nearly 1 point. Reading was frac-
ttonally higher. New York Central was ex.
.. 75
-- S5%
- §i‘*
NAVAL STORE8.
Special to The Georgian.
Savannah, Oct. 26.—Turpentine firm at 61c.
Sales. 196: receipts, 652.
Itoain firm; sales, 2.917; receipts. 2.342;
wlndowj^Iass, $5.85; water-white, $5.t64?6.S5;
d,’ tt'ioctffic'
WILL GIVE BANQUET
TO PROMINENT VISITOR8.
Special to The Georgian.
Ocala Fla., Oct. 20.—On the night of
the "comtog out” convention, Novem*
her 14, the Ocala board of trade will
give a banquet at the Ocala House, to
which the newspaper editors, high state
officials, visiting candidates and many
distinguished Floridans will be invited,
and It Is looked forward to as form
ing a pleasant ending to the day’s fes
tivities.
era In southwest and eastern portion; cold
er; Sunday fair In northern, showers In
southern portions; light to fresh northerly
wind* on the coast. *
Western Texas-Fair tonight; colder In
southeast portion; Sunday fair.
Oklahoma and Indian Territory-Fair and
colder tonight; Sunday fair.
Arkansas—Showers and colder tonight:
Sunday fair In western; ahowers In eastern
portion.
In evidence.
Closing bids follow:
Railway Stocks.
Atchison
do. preferred
Baltimore and Ohio
Canadian Pacific
Chicago and Northwestern .j .
Colorado Southern
Denver and Rio Grande
Erie .
Illinois Central ..
Louisville and Nashville .. ..
Mexican Central
Missouri Pacific ..
New York Central
Pennsylvania .. .. ..
Reading .
Rock Island
do. preferred
St. Paul
Southern Pacific
Southern Railway
Union Pacific
Wabash *
Wisconsin Central
Interboro-Metronolltan .. .. ..
do, preferred
Great Northern .. ..
Miscellaneous.
Amalgamated Copper
American Car and Foundry
American Locomotive..
American Cotton Oil..
American Steel ting and Refining.
American Smelting and Refining pfd.... tt' 4
Brooklyn Rapid Transit &>«
Colorado Fuel and Iron
National Biscuit
National Lead ..
Pacific Mall
People’s Gaa
Pressed Steel Car
Sloas-Sbeffleld Steel..
UrJted States Steel
United States Steel preferred *>»,
Western Union.. «7%
Mackay Company.. .. 41
Vlrglnfa-C'arollna Chemical 15
MONEY AND EXCHANGE.
New York. Oct. 26.—Money on call 50 i*r
cent; time loom none.
Posted rates: Sterling exchange tu:Q
4.86%, with actual business In bankers’ Mils
at $4.815004.8250 for demand nnd none for
sixty-day hills.
Prime mercantile paper unchanged.
New York bar silver 60%c.
Mexican dollars 47%c.
.. 18%
.. 31
..1034
LONDON STOCK MARKET.
Atchlaon
Baltimore and Ohio
Chesapeake and Ohio .. ..
Chicago and Great Western
Canadian Pacific
Erie
do, first preferred
Illinois Central ..
Kansas and Texas
Louisville nnd Nashville .. .
Norfolk nnd Western
Northern Pacific
New York Central .. .. .. ..
Ontario and Western .. .. .
Pennsylvania
Philadelphia and Rending ..
Southern Railway
Southern Pacific
St. Paul ..
Union Pacific
United States Steel
do. preferred
jOpncIos
r.fiori] wi
=«!§
M '157%
,. imm
..I \S\
• I
. 61% 6%
,.1102 1«
J 28% 3%
. 116 im
.• M% M
:!M
.’108\
..'111 iltlH
m ?*»
U N I 0 N 14!i
SAVINGS BANK
Could Building
CAPITAL STOCK . . . $100,000.00
... msou«ch
4% sz60.ooo.oo 4/0
A. 0. BROWN & CO.,
BANKERS and BROKERS.
30 Broad Street, New York.
Member. New York Stork Exchant*.
New York Cotton Exchange, t.'hloej')
Board of Trade. Cleveland Block F.x-
chenge.
36 Branch Office., Including
Waldnrf-Aatorla Hotel. New Plain Hr-
tel. II Went 36th St.. Flatlmn Bhlx.
Marie Antlonette Hotel. ! Eaet 44th SL
NEWJTORK.
Atlantic City, N. J, Chicago. Clnrlnnx-
tl, Detroit, Toronto. Can.. Buffalo.
Cleveland, Waahlngton, D. C.
Every facility for prompt execution
of ordera on all exchanges.
Atlanta National Bank
ATLANTA, GA.
C. E. CURRIER, Preeldent. H. T. INMAN, Vlce-Prealdent.
GEO. R. DONOVAN,Caihler.
JAMES S. FLOYD, Aulatant Caihler.
Capital $500,000.00
Surplus and Undivided Profits $650,000.00
We Solicit Your Patronage.
ALONZO RICHARDSON & CO.
PUBLIC ACCOUNTANTS, AUDITORS AND BANK EXAMINERS
Audit*. Special Examination*. Coating and Syetematialng.
EMPIRE BUILDING, ATLANTA. GA.