Newspaper Page Text
iiiiii A'i'jjA-Nia utiOnUx/ui u inx^wo.
THROUGH 10 CIS.
NEWS AND GOSSIP
Of the Fleecy Staple.
Special to Tbe Georgian.
(Prom Hayward, Vick ft Clark.)
New York, Oct. 28.-J. K, Bacho ft Co.:
I.lrerpool cable* were due about 2)4 to a
After Midday Cotton in the
American Markets
Weakened.
SLUMP WAS SHARP
January in New York Sold
at 9.93—New Orleans
at 9.94.
New lurk, Oct. M.—The advance In tbe
cuttou market this morning «■„,< buaed In
part on a rumor that Huston bud l«aucd an
estimate on the crop, placing It at ll.aon.ooa
laics. Tbe English market early displayed
strength, and It was liellevcd that ltnatmi'a
figures were responsible for the firmness
Liverpool was again weak on futures
Monday morning, first prices being sharply
lower than due on New York's closing
Saturday. The close was Ircrgulnr Hunt
points lower,
f.-ra! lowin'*
Following Is the range iu the actlre
month* In Liverpool today
Open.
tilth. Lou.
January-February.... ■■ ■
March-April 5.56 5.63 R.57
• Msy-Junc 5.56*a 5.63 5.57
Ortoher-November.... S.99H 5.74*,$ 5.68
Spot was unchanged nt 6.03 for tnlddllrg
on solo* of 8.000 bn lea.
In New York, December opened nt
IlO-Tt-CS. and at noon wa* selling nt I0.1>.
January opened at 10.05-06-07. selling nt m.14
nt noon. The Improvement wns due to
mine buying of n good character. and on nn
••ntIninte of ll.'iO.^iO-hale crop by Mr. Bun-
ton. the English statistician:
After the noon hour. cotton developed
acute weakness nnd price* crumbled nwny
rapidly* January In both New York and New
Orleans selling below the toe mark; In the
former felling nt 9.93 nnd In the latter nt
Prlei
the uncertain financial alt nation:
At the clone the market wn* barely steady
18 to 28 point* lower than Saturday'*
final*.
Comparative port receipts
“Jontb*- Opened quiet at 2 point * decline.
At 12: la p. iu. was-steady net IVfe to 3 points
hJlber on near and ^ to 3 higher on late
Fair busInoFM doing In spot cottou,
niMdHng uplands «.&; sales 8,090. American
*1apeeulattjwi and export 500, Import*
lo.KHJ hales, all American. Tenders new
docket 2,009.
Later cable# reported a further advance
of to 1 point.
Liverpool, nfter opening weak,
some Improvement. The market bus
shows
. ha* Buffer-
severe decline thnt It would be
sharp rebouud
from present level*, especially in view of
the Improvement In the financial situation,
rue crop is moving In Increasing volume.
Tho weather has been Ideal for picking
and the glnuer*' report Saturday compares
favorably with last year. Taking ft nil pi
ull. we are bulls only for the moment, and
favor coles on the big bulges.
Howard Wilson Is I tuck. He was a good
buyer of May on coll. Noroen was a good
buyer.
New Orleans. Oct. Jg.-IIayward. Vick ft
< lark: The lending New York operator Is
out with n very bearish circular in all the
newspapers, saying cotton is doomed to sell
much lower irrespective of the depressing
IfiJJttrnoes of the fiunnelul situation.
The eleurlug house here has resorted to
settlement by certlflentes from date. Banks
have announced that from October 28 on not
more than $50 cash can be withdrawn by
any individual In any one day. Savings
banks require sixty days* notice licforc de
posits can be withdrawn. This Is to pre-
cut the exodus of currency.
Liverpool cables: “Market decidedly bet
ter In tone. Zeregu and Weld good buyers."
Heavy selling and offerings continue hero.
It Is rumored here that the bonks In
Oklahoma failed to open for business owing
to proclamation of a six-day holiday by
the governor. Hear banks in Arknnsas are
following. If this financial situation In
lug haul: centers should spread to the
rlor It would be very bad for cotton.
Market here eased off on this news. »
Edited by
IIA DI/FTC
Mr. LlTdy’a iwenty-fire
years* expcrlcocs of ed-
Joseph B. Lively.
IVIAKKl I j
nud the South has made
him a recognized au
thority In his specialty.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
NAME OF STOCK.
Antal. Copper. . . .
Au>. Ice Securities. .
Aui. sugar Hennery.
Americau Smelting.
Am. Car Foundry.
THE COFFEE MARKET.
January
February
March ..
April .. .
rioa*.
5.65-5.70
5.70-5.75
1907.
40,352
52.561
The following figure* give the opening
raugo and do*# lu the New York coffee
market for today:
Opening
Range.
..5.75-5.85
..5.80-6.90
..5.8T-5.91
iprll .. .
.luiie .. ..
July
August ..
September
October ..
MW. No ventin'r
i*i*d J December
. .6.00-6.10
..6.05-6.10
..6.10-6.15
75 5. so
T80-5.85
5.85-5.90
5.85-5.90
5.90-5.951
1,'loscd dull.
5.60-5.70
5.75-5.80
Hnles 16,000 bags.
.90-5.95
6.00-6.05
5.50-5.55
Total two day 92.913
Total since Sept. 1 1,656,066
INt (mated receipts Tuesday^
150,35
COTTON SEED OIL MARKET.
New Orleans
• Ja! vest on ...
Houston
<907.
....16,000 to 18.00)
....21,000 to 29,000
....15,000 to 16,500
1906.
18.299
37.698
SPOT COTTON MARKET.
Liverpool, steady: middling 6.03.
Atlanta, dull; middling 10*».
New Orleans. Irregular; middling
New York, quiet: middling 10.Su.
Savannah, easy; middling lo5-16.
. October. .
! Novemlwr.
cpmbor.
:| isii
37 ww
37\G3S
38 fi38Vi
Mobile, quiet; middling I0»fc.
Charleston, steady; middling 10**.
Wilmington, g
Italtlmure. n<
Boston, quiet;
n. quiet; middling lo*«.
nominal; middling l ' 7 *.
. .diet; middling 10.80.
Memphis, quiet: mlddllug luT*.
Philadelphia. quiet: middling 11.05.
TODAY’S PORT RECEIPTS.
Tbe fed lowing table show* receipts at the
.. M. # - . 'J .J
1907.
T»a«.
Net* Orleans. w .
Galveston
Mobile. .......
s.ivniituih. . o . . , #
• hnrleston
Wilmington
Norfolk
1 •••Stoll.
Philadelphia.
J 1.766
.9,192
3.15H
12,301
3.126
7,764
5.127
107
20
17,732
31.384
3.094
33.632
2.0f>8
4.839
6.543
Total V M.'-lt
79,232
INTERIOR RECEIPTS.
The following table show* receipts In tbe
Inferior tqdny, compared with tho samo day
last year:
) 1X1 ’
1906.
Houston. 9.417
Augusta. ....... 2.343
Mepinlil* 3.4(21
HI. Lout* ! 1.614
Glit* iniintl | -*6
19.0P)
3.280
10,706
1.824
388
Total .1 17.099 | 34.238
HAYWARD, VICK A CLARK’ S
DAILY COTTON LETTER.
N.-w Orleans, Oct. 28.—Liverpool Is steady,
alumf 3 point* better than due. A g**>d
recovery on the London stock market may
(••'count for this result. However, out-
tuin|K»rary Influences, there Is
g «h! reason why the iCugttsh mnrket should
i»e siendier than ours, and why the dif
ference between the markets may widen
vtmsIdenHdy. The difficulty of financing
ATLANTA MARKETS.
FRUIT AND PRODUCE.
KCCJS—Active. 24*4«26c.
MVB POULTRY—Hens active. 40®4.V;
chickens, fries. 27Vs<t/40c. Ducks, Pekin, 35c
each; puddle, 33c each. Turkey* active, 15e
Americau Cottou Oil .
Anaconda
Atchison
do. preferred.
Atlantic C. Lius.
Brooklyn Rapid T.
Baltimore \* Ohio. .
Chesapeake ft Okie
•llil
Pacific.
Consolidated On*. ,
Central Leather. . .
do. preferred. . . .
Colorado Fuel ft IrOQ-
"'"imhii o-iuinern. . ■
Hem ware A* fludiM. •
ust liters' Securities. -
General Electric* *. *.
Great Western. .
:!r, c A', • N ' or,h ". u nM-
Illinois Central. . .
ifiterhoro. . „ . ,
do. preferred. .
Kansas ft Texas!
I
NAME OF STOCK.
I A lean* pfd, .
Missouri Pacific. -
Mexican Central. . . .
New York Central. ■. .
Northwestern
Na tloncl Lead
Norfolk ft Western. . .
Northern Pacific. . . .
Ontario ft Western. . .
Pennsylvania
Pacific Malt. PD
Peoplo's Gas Co.
HQ. preicrroo. . . .
Republic Iron ft 8toe.’. ,
do. preferred. . . .
Southern Parltlc. . . .
Southern Railway. . .
do. preferred. .
fit. Paul
Thou. Coal ft Iron.
Texas Pacific. . . .
Union Pacific. . . .
U. H. Rubber. . . .
referred. .
do. preform
U #’. Steel. .
do. preferred. .
Western Union. . .
Wabash
•lo. preferred. .
Wisconsin Central,
do. preferred. *
TO
15«*
1 m
ititt
iiiiii aifil
84’-* 1 83*4.1 83 Vi
15V4 14 T i| ll!i
m
Total stock sales today. 362.1» shares.
NEW YORK.
Following Is tbe range In cotton futures In
New lork today:
G-t . .
Nor.. .
Dec.. .
Jan.. .
Feb.. .
March.
April. .
.| 10.C6j 19.10) 51J
.'10.13 10.13ll0.08
.110.28(10.36 10.06
.il0.06ll0.15l 9.87
.|10.15;10.22| 9.9
Closed barely steady.
6*0
10.08 9.88-90,
10.13* 10.08-18110.31
9.90: 9.89-90 10.10 11
.... 9.93-96 10.15-17
9.96 9.96-97llO. 17-18
9.98-10'10.19-20
10.00 10.00-ni 10.21 82
10.04! 10.(0-04 10.21-22
LIVERPOOL.
Following figures give tfic opening range,
and close. compared with yesterday;
nncvml Imri-lv alMilr '
t p. ra .....
Futures rnngcd barely steady.
Opening Prevlons
Ranee. 2 p. m. Close. Close.
October 5.74H K.74Vi 5.704 6.73
6.M4.7
net.-Nov.. ■
Nov.-Dee.... 5.62”-5.6U 5.664 5.61
Dcc.-Jsn 5.59 41.644 5.65
Jan.-Feb 5.58 41.73 5.64
Feb.-March.. 5.58 41.62 5.02
March*April.. 5.56 -5.62 5.63
April-Mny 5.62
Msy-June.,.. 5.564 5.614 5.61
Jnue-July 5.65 -5.60 5.62
Closed Irregular.
5.714
i.64
5.614
5.60
6.594
5.57 5.584
6.67 6.584
o.SOVj 6.58
NEW ORLEANS.
TIPS FLASHED
From Wall Street.
Special lo The Georgian.
(From Hayward. Vick ft Clark.)
Americans In London strong. Illinois Cen
tral up tU. 8t. Paul 34, Steel preferred
14. Union Pacific 24. <’op|»er met*! Jump
ed it r* " ‘ *- *“ - • '—
- _ ... — .. _ jump*
,9t for spot to (63 nnd futures (3 16*
gn li ‘ “
to £62. Foreign bob Hies are almost unani
mous In expressions that the crisis has pasa-
eil hero, nnd bankers are glvlug their
client* assurances thnt underlying condi
tions In America are sound.
The situation from a local standpoint has
been strengthened by the action of the
(earlug bouse. Everything lu the news-
pa iters yesterday and this morning Is rea*
nurtiig. and advices of all prominent finan
ciers and clergy Is expected to hare a whole-
opper met*I :
. resent time, am! one of the potential fac
tors In the betterment In l/mdou. An ad
vance In the market Is looked for.
There la little doubt tbot the ao-called
Standard Oil Interest* have acquired very
large blocks of securities, and If value#
can be kept dowu, will buy more. In the
meantime, money will !*• made at scarce
oust blip, and no great advance In values
, bo permitted If It cap lie prevented,
those having the funds, advise buying
any of these good stocks around present
prices. It Is a great opportunity, which will
not last very long.
Those long of t 'upper will be pleased to
know that GO,000,090 pounds of copper was
sold In Eunqie on Thursday by tbe Amalga
mated i’opper Company.
I*omlon wires: ‘Tig tin opened with a
seusatloual rise of 17 for apot am! » for
futures."
Boston wires: “The clearing house nsso-
‘ . .. Ttlfl-
FEELING IS BETTER
IN STOCK MARKET
At-the Opening Most Issuer
Showed Fair
Advances.
LONDON WAS HIGHER
Amalgamated Copper Was
tho Leader in the Early
Strength.
New York. Oet. 28.—The Issue of clearing
— -|| mvr thi* raimtrv
of 9JLQ0Q.6M import
engaged since the opening of business Sat
urday rave the desired nssurnneo to the
financial altuatlou this morning. Runot*
lalIon voted to Issue clearing house «crtjll-
show Improvement. There Is no disposition
ou tho part of the lambing element that has
assumed the task of restoring public coufl-
dence to encourage any extravagant bull
tactics.- hut later on n much higher range of
•rices should 1m- established. UonaeattcUtl.v
.he actual Investor may buy with confidence
at present low lovela. As for the trader. It
would l»e well for him to buy only on the
break# for turns. It will take #ofm» time
! for the market to readjust Itse.lf to the
new conditions. There must drat be n build
ing up of our gold supplies, which has I**-
gun under favorable ausptcea ami which,
with treasury department assistance, should
continue until our financial position Is am
ply bulwarked. There Is some uneasiness In
the Interior, however, which will likely de
velop Into financlsl disturbance from time to
time, bringing about a i«mm1 deni of lielated
liquidation. The market will receive utroug
support from the banking Interests In ease
the lienrs attempt any raiding tactics, how
ever. so that the best policy for the trader
would Im to buy the good rolls on the sharp
setbacks for turns.
Smellers wc still consider nliout the best
of the Industrials. In view of technical nnd
Following Is the range In cotton futures In
Now Orleans today
1
O
|
=
i
3l
if
O
il
Dot l0.tJ|l0.1S||0.1ft!Rili|l!).M.1l|
Nor ! 1 10.00
Dot' ilO.tl 10.MI O.XO n.92 Mt
•Inn .10.07 to.tsl 0.S6 9.891 9.8800|
c.'lr 1 : ( | 9.9n-9i'|
March. . .J10.^3jH>.X3J 9.90: 9.92! 9.92 91:
April. . . .| 1 ...( 9.96.971
May. . . .Ito.st to.ati 9.:ait 9.991 9.98-99,
July. . . .llO.StllO.SfilO.lOilO.lo'lo.Oi.flSl
9.30-50
0.21-25
0.12-13
0..A-11
0.11-13
10.15-16
0.17-11
0.21-22
0.25-27
Uioscd quiet nnd steady.
NOTES ON GRAIN
Pointers on Provisions.
(From Hayward, Vick ft (Mark.)
Chicago, Oct. 28.- Bartlett. Frasier ft Car-
ngfoti: Would advise extreme caution In
trading for the next four days. Think we
vlll see no disturbance or much of any
hnngc In values If the public will realize
that the notion taken by banks was a neces-
1ty for the country.
They have stopped trndiug on the Minne
apolis
Tile Chicago Record-Herald: “It Is for
tunate for us that America doe* not real*
Ize her commanding position lo the world’*
market this year." said Frederick Harrison,
of Liverpool. "If owner* of grain In this
us pa,
DKE88BD PO(ILTRT—Turkey*. drawn,
active, 20c pound; frlea active, 200224c lb.;
heuf, iCc pound; duck*, drawn, fancy, Ik
pound.
PRODUCE—Lard. 12c pound: hams active,
16c pound; shoulders active. 10®lie pound:
sides active, I1c pound; butter, 181124c per
pound: beeswax active. 78c pound; bonej
ibrij '
•I*ht> active. 15e pound.
JWUfTft AND NUTS-CItron, 20c pound;
almonds, 13c pound; Brazil, 14c pound;
Filbert*. 134c pound; English walnuts, J5c
lb. Pecans, 14c lb. l^moii peel, 15c lb.; or-
I, 15e lb. Lemons, fancy Messena,
:*ay
e 101
three
fl
ild have made
ngs per quarter
. »ve been paying,
for wo certainly must have the wheat. I
prcKuiue the money situation Is nt the bot
tom of your desire to be so very good to
*" are not counting very much on
kSoCoo; bananas. 34c lb.; plneaptdes, Flor-
‘ mp, 14-0004.50; limes, Florida stock,
Peanuts In each* aver-
nglnc 100 pounds enrh. owing to grade,
6403c i»er pound. Florida oranges, 36.00;
dwed npjdeu, 12RI24c; dried peaches. 14^.
Figs. |l!25 liox”Dntc*, l-ib. package, "4c. U.
t. 32.00 Ihix. Brapes. Concord, 5-
U Raisins, —- r . —,
pound bucket, !$e; Ncugnras. 20c: Delaware.
25c. Malaga, per keg, $6,504*6.00. Apples,
Virginia. fSw; New York. 35.W6.0p.
V EG RTA1ILER—Potato## per bushel -fl.19,
wtatoes, Wii-90.-, Onlous t $l.2a bush.;
sweet potatoes, W'gyoc. unions, 91.2a uusn.;
Spanish. *1.W crate; kraut 4 barrel. 1^75:
• abbnge. X Virginia, 14«* !»>.:
Celery, 604*f»c n bunch; per crate. 6 to 64
doxeru' 34-75” rnnllOo'wwrV lOdWe, poumf
Lettuce, 32.25^2.50 per crate. Turnips, 15*c
pound. #
(’HE KS K—Fancy
cane syrup. 27c gallon; salt 100 pounds. 80c;
axle grease. 11.71; so<1# crackers 64c pound:
en, Ic: oyster, 7c: — —
.SKSL
bmrrrl rnudr. ptr
navy twain, I2.M;' I.|nm Vnu«, 7c; t£il
niitohs, p«r «roM, ,1.«; jn'^ronl.
pound; sardine*, mustard. $3.50 esse.
8UOAR—Standard granulated 1.20;
York refined. 4.90; plantatlin. Ic^
*»-—
COFFEE—Ronste<!, Arbnrkles, 316 00; bulk
shipment* keep cotton ou otir side and turns , f)I barrel*. 12c; green. 11012c.
some of the most urgent .demand* for actual, g|, P ",bird blscnlt. 16.00 eaae; No. 1 rolled
tho Liverpool market. - -
les here this morning were on « basis
the advance In Liverpool, but price-
tf —tin; U
'•n»i» gave way to the putting out ol
Hues for the week. The opinion prevail
a ad Influence# nil trading, that the 111
id Influencea all trading, that the financial
*ltnation In this country Is such that no
itstlng bull movement f* possible for the
To prevent an unusual “
Wi exodua
Iuii'Ih the local imuks have adopted the
mensiire that Hot moro than F»*) »* day can be
by any one Individual In one day*
puretiueu nisenu. •.
oats. 33 25 ease; sack grtrs. 96-pound bags,
$2: ovsters. full weight. 12.5 nine; pepper,
18c pound; linking powder. 15 eaae; red
salmon. 35 rase; pink salmon. 34.50 case:
r«»coa. 45c; chocolate. 434<N snuff, l ib J^s,
48c; rn*«t btef. 3269 case: alrun (New Or
leans). 35c gallon: corn, 30c gallon; notnst
$3.251?3.SO esse; peanuts. 8c; rope, 4-ply cot
ton. 22^c; snap. |1.60fM oajf; , ,
CANDY—Wick, assorted 64* pound; stjcl*
assorted. CVic pound; fancy assorteil. palls,
64c; rbocol*to drona. Dalis. I^c: Elk. av
eortfd. ten bn*»2
withdraw Mvlngs deposits, the rnfo to FLOUR AND GRAIN,
effect after October ». The eU'sriiiK 1 pLOrR-lIlghest patent. Ija; best pnt-
• will settle by certifleotes. All this * nt fr,.7S; standard patent. 35X0: half pnt-
confirtifftiloii of the financial
status. Lack of oupttdenco nnd resulting
-x- • x J —“ri-
"I'sence of support have to wand all
•les to u iiolut whore such measure# are a 14,,
nei-esalty. Tho leading New York operator 1 -
Hrvulnced very lH*arlsh view# thnuiith the
i*«vsH, nud concludes by saying that cotton
I* doomed to sell much lower. Irrespective
"f the depressing liiflnences of the finan-
•laI situation. Ill# principal argument Is
that this crop Is 13,500,000 bales, a golut
nt, »a.7a; winmni wH-m.
-nt 86 25; spring wheat patent. $6.25.
CORN No. 2 white. R5o; choice white, 86c,
Mix*], 85c. Cracked corn, 96-pound sack,
CHICKEN FEED—Fifty-pound sicks, 81;
Purina chick feed, fJ.95. . ..
HATS-N*>. 2 white. SBc: No. 3 mixed. 46fi
Golden Ost*. CTe; whits clipped. 69c: fancy
^{fe'A?» m Vp t oun., tai-U. «•
ponnlwriM. s>: rack,, 15c:
P rtA - V-'iSro®thr. choice l«r»o «U«;
do , choice small bales, 11.25; No. 1, one-
third bale*. 81.86: No. 2. one-thlrd bales.
11.201 Bermuda. 90c
SIIOUTF-Ubolce white, 31J5; fancy, |l.,i*;
brown (W> to IW pounds). 31.60; bran. IL60.
OOTTOS SEED MEAL-PHmv per to*
• — ton, 324.00; hull* per ton,
tlon. There Is little prospect that ws will
gci much of tbe Australian wheat after
she has provided for such demands a* she
will have from Hongkong. Chile nud South
Africa. At prices current tonight there la
n handsome profit In buying rhlcsgo No. 2
red winter and selling It for December
delivery at Liverpool, Including the con-
fclderatlon of grading of tbe wheat on ar
rival nt Liverpool.'* Mr. Harrison expect*
to visit all tbe Important grain markets In
the United States and Canada before his
return to England In December.
.1. A. Fatten made no denial Friday to
the widely circulated nnd generally accept
ed claim that lie had unloaded the last of
-- * ‘ fill
FINANCIAL SITUATION
BROKE WHEAT PRICES
Opening Was Weak, 2 3-4 to
4 l-8c Lower Than
Saturday.
ST. LOUIS CASH QUOTATIONS.
Wheat—No. 2 red winter 9846994
Corn—No. 2 564©574
Oats—No. 2 45 1*454
Chicago. Oet. 28.—Wheat price* broke 2\
• in the early dealing na • —
iclal situation.
: ns a sequel to
to 44‘- In tin*
the peculiar floanci.1 uituailoii. Ii.c.niU'r
touched 98c *t the opcnlu,. *n eitreuie tie-
dieted that wlieut would .lump hudir when
-h In th<
■Kitted Into very «trou* lundl. portly
itouieatlc aud partly fArctpi. f/w»l eiport-l
or* were dl,DMtd to Idler. th,t foreigner,
imd w'cured ,uoh . I,rye proportion or spot
nud future delivery wh.«t n« to nbnorh
more thau the le,ltlm*tfl ej|Hirtnhle •ur-i
pin, nnd thnt «perul,tor« hern would be
tliow* holding to thl> l»ell«f were ,«mn who
until unite recently here been h-nrleb on
future of the Innrket.
■PMdpment from l-ortlend. Ore,., to Aue-
tralto nt a prlee thnt would have netted
II.01 per bunhel In t'hlenfo by addlne rail
frelalitn. A few piirelinnee made by CMcafo
tlrm, on tho I'nclrlc con*t at coniperatlvely
low prices nome time nluee rnleed tin* price
there beyond n rlilppltid .hasla to Eaetern
countries. Iluyers of cash barley hare re-
cciitlv lowered their prleet to nlnnit Site
to Wisconsin former,, ae afalnit tl ae the
price paid them dtirtnif the height of the
Imrlev excitement n «hort tlm, aluce. Tin;
decline Inis resulted lit holding a great deal
of barley off the market, time relieving the
llnabelnl tension.
I'll,. In-si end most rellehle advice, nl
band Indicate very strongly th»t lulllere'
retinlreincnt, oil over tlie Ka,t for all kind.
lien I Imve not yet begun to lie tilled.'
said n rush gridn house. -'Owing to money
mntlers Inrgidy.
'll off n
ellue of t^c from Haturduy, The break of
,c at Mtuaeapolla waa tbe mein feature.
Wheat closed 1 l-ldZ S-gc lower, re
acting anrne from the bottom. Corn
waa off r.-Sfl3-tc, oat, loet l-4€r2 l-8e
and prortaloni were unchanged to d 1-S
lower.
WEATHER REPORT.
WEATHER CONDITIONS.
. ntral ou the Atlantic coast near .—
Vork city. This low area has movtsl north-
ward during the fast 24 hour# nn<l bits
o<t rain In portions of AImImiiiui. Georgia nnd
lug this morning at
northwest Is nn cxtcnslrc area of high pros-
sure, whose treat now extends from the
northorti lak5 region southwest Into north
ern Texas. Tho advance of this high are*
has caused clear and colder weather to tho
south nud east of It* center. At Atlanta
the temperature was 14 dt-gr«>* lower this
morning thnn at the same hour yesterday.
The eastward drift of the high area will
favorahlo for fair tyeather In this aectlon
tonight and Tuesday; colder tonight, with
heavy froat.
COTTON REGION BULLETIN.
For the 24 hour* ending at 8 a. m., 7ltl
meridian time, October 28, 1907.
considerations, but
stork* in that section of the list will
the hammer for the next
MONEY AND EXCHANGE.
New York. Oct. 28.-Money on call 124*
M); time loans firm; sixty days 6®64; nine
ty days 6‘a*f7 per cent; six months 6 per
were current of more of the sirmllci N«.._.
about to dose their «Vm>ts, hut u«« fun her
suspension# were actually announced. The
run on the trust companies In progwss
f#tk aliateil to small proportion-
still in doubt
Block exchange houses were still In i
up to 12 o'clock what they would
to pay for their day’s accommodations. Ii
fact, up to that hour no loans whateve;
had been mad#. But #nttr# •'onttdeiu
Tearing house I'mrtlirfisft .
supply of money would be nbundnnt -
comparatively uuHlsrnt** rates. The two
most striking Incidents of tk* day were a
violent fall In tlm grain market# and a
further tweak In forelini. exclini#\arfilch
nt 3l,5l‘ , -4 for demaud sterling represented
the lowest quotation reached In recent
years. The collapse lo wheat waa tba direr t
result of the general strain In hanking con
dition*. the banks of the Weal Ulag u«»
longer able to lend money on speculative
options, and tho decline In sterling wd* In
anticipation of th* effect this must have In
stimulating the export market of atnp!<*s. In
the atwUc market, tk* opinion reflected w.is
that lu various ways the situation v-. «
tnent market pare and slmjde. Prices
up a point «>r two points with the
noon, but the elimination nt tb# sp<
flume of final ness.
Closing bids follow:
Railway Stocks.
Closings bids follow:
Atlchlsoii
A It-bison preferred
kiiitiiiinM .tl,.i <>!■'.i
fore-
■ s pC'-nln -
very small
liiiltlmor# and 0*1
aCnadinii Pacific
Chicago and Northwestern.
(’•dorado Southern..*
Erie.
trill.
Posted rate*: Sterling exchange 34.624?
4>64, with ncuuil business In Iniukers’ hills
at 3t.84fr4.Ml') for demand and nt $4.78f|
4.7825 for sixty-day bills.
Prime mercantile paper unchanged.
London bar silver 284d. Xaw York bar
stiver 604c.
.Mexican dollars 4iSe.
northerly winds, liecomlng variable.
Kentucky nnd Tennessee—Fair tonight,
with heavy frost; Tuesday fair nud warmer.
Istuislniui—Fair tonight; wilder In aouth-
oast portl-m: Tuesday fair and warmer;
'■'esh northeasterly winds ou the coast.
Eastern Texas—Fair In northern and enst
CHICAGO GRAIN MARKET.
WHEAT-
D#c.
May.
July
Open. High. Low.
CORN-
Dec....
May....
July....
1054
!0t»4
::: ‘It
"’i i
St 85
S5
May.... S3?
July.... 47*
PORK-
Jan... 14.75
May.. 15.0U
a
«tx
’nVtts- 8
'im
a.fio
LIVERPOOL GRAIN MARKET.
CHICAGO CAR LOTS.
Tb. rartlnt. «r (rnlD In r.r lot. today and
a,tint.ted receipt, for tomorrow are .. fol
low,:
th-marly tue ixprmwrai. oexuro viup«
linttlon. They will alt nave to come In
Inter for u lit, lino of co.h wheat, eapevl.l-
ty ,prlng«."
Today.
Tomorrow.
Wheat
Corn.
oats. ..... . .
Hogs, head
lftl
408
16,000
THE LONDON STOCK MARKET.
fPlllci
STOCKS-
■rloualy eontestml by ninny crop author!
"CV Thus. Mr. lluston. the Liverpool an-
•horlty, uow touring the belt, I* said, to
favor an estimate of about 11^00,000 Itnles.
'Va ourselves are lucllned to think that cot-
*•»»« has little If anything to fear from the
'i*' of this crop, and that financial matters
"re tho one depressing element.nnd tlie,
"i'c weapon effectively used agalunt cot j mj<, : No. 2 |
,u *»- The<we*tbrr map Indicates more had I fij.so. ___ w .e./saie
"rather for the west pnd central |*elt. and PROVISIONS,
inucl, colder weather, with posalbly heavy pROVIKIONK-finpreme h*m*. I>: h#l
m lu the Carolina#, for the l-astern u 3Hf25 pounds average Wk»:
8 20. finpreme lard. 10S-. Purity compound,
»eans appear wllllug to buy at these California hams, Ific. Lx^lh*. 9*4.
*-~ v *■ BAGGING AND TIES.
it iCSGINO—14 th.. 10'ric; 2 ll»., ll*4c; 2*4
II, ^ 124c; re-rolfed (second hand). 74c.
q’jKf-New 11.1(4 hunch, secondhand
ffl.GGul "
•fate#.
European# HHI . -- .
There «re plenty of, order, here,
with preient I'tnkliik fei'llltl'',. oniy ti
tirulivd .mount of bu^new ven be put
ihroueb. The triding In future, eetttod
“toani KXU for January. The merkvi ti
twte but tark. vonddem'e In tiny perma*
n-ut Improvement.
. twin * Co.-, U |e. of fr»*h heef In At.
'““in for the week ending October »> aver-
A«c pet pound.
fISH.
noiin.l- tronh M)IV pound: Mae B.h, JitSe
KSSd: ^Tpino. —l^c_P°nntl; mackerel, ijh
i omid mixed fleh. !«“<«•: freek watei
Front He pound; mullet pet barrel. SS.OOff
•«.W.’
HAYWARD, VICK & CLARK,
COTTON, STOCKS, BONOS, COFFEE, GRAIN AND PROVISIONS.
Carondelet and Gravier St,., New Orte.n,.
MEMBERS:
Verb end ‘
* •• * nmvATE
1 Obi*
ml Ohio
aud (treat Western.
Anaconda
Amalgamated Copper
Atchison
do, preferred
Baltimore r~ * 1
Chesapeake
Chicago a in.
('nnadlan Pacific
Denver nnd Rio Grande
do, preferred ..
' r ‘do,’* first preferred
do. second preferred
Illinois Central
Kansas and Texas .. ..
do, preferred
Loutavlflc and Noahvllir .. ... ..... .. .
Mulmin Ontrnl J-
Norfolk and Wwtrrn mt
SSSSkWps-
Ontario and Weste
dms/lvnnla
Philadelphia and Bending .. ; 79 .94
do, first preferreil .. .» 74^
do, second preferrol ;
Rock Island
Houthern Railway
preferred
Southern Pacific ..
St. Paul .. .. -
Union Pacific .. ..
Uulted States fited
•lo, preferml ..
Wuhan!) .. .. •- •
do. preferret
i «j*,
T^ndoii Oct 28.—The • a> r*ngements nl-
lug the local money situation. As n result,
consol# for money and the account derilMd
3-16.1, ns compared with Hatantay a price, to
V # t6*l an.l 82%4 respectively.
- Ai»erin.)i department, oo the other
rLTnd SKrwBfVl«dln B an.nvf.r. bar,
‘met and overcome the monetary crista at
America** commercial center.
VISIBLE SUPPLY GRAIN.
-IWTOIIO .w-.u-r; minurii.
-Increase 6>fS,OW bushels.
THE LIVE 8TOCK MARKET.
Mnrket 5«10c higher: good heavy «.50^6.2U;
1 a.^a 15.6^.90- ,ggg
Chicago, Oct. 21.—Hogs—Receipts a.ftuo.
. . • rP - gnod S — "•*" —
5.50; light
]5.80.
Market steady to 19c
cows and heifers
tegjg
Hbeep-Receipt s' 4,700. 5I*rket_ 10c lower;
THE SUGAR MARKET.
BISWCT.
Xiluutn, clear. . .“
# Chntanooga, dear.
xColunihus, clear, .
Gainesville, c!e*r. .
Greenville, clear. . ,
x( I riff I n, clear. . . .
•Macon, dear. . . ,
\Montlccllo. dear. .
Borne, dear
Hnnrtatiburg, dear. .
Toccoa, clear. . . .
West Point, clear.
eru; shower* III auiuthwest imrtlon; colder
In southern portion tonight: Tuesday show
ers nnd warmer; fresh northeasterly wind*
era In northern nod western portion*: warm
er tonight in northern portion: Tuesday
showers; warmer in southeast nor Mon,
Oklahoma and Indian Territory—8hower#
nnd warmer tonight ami Tuesday.
Arkansas—Fair and ftarmer toulgbt and
Tuesday
•Minimum temperatures are for 12 hours
ending n a. m„ this date,
xReceived late; not included In averages.
Heavy fnwst nt Corinth snd Hernando.
Miss. Light frost at Chandler nnd Still
water. Okla.
Atlanta.
DISTRICT AVERAGES.
Ilf
ill'
Augusta. . .
Charleston. .
Galveston. .
’ Utle Rock.
•iery*
leans. . . .
80
13 | 82
New Oil.
Oklahoma
Savannah.
\ icksburg.
Wlbidngtoi , ,
T: Indicates tuappreelabls raituall. *1# lot
.90
.16
24 hours etidiog I a.
Remarks,
Lower temperutur<>H were recorded III ull
(strict*, the changes being most marked
i tlie minimum readings over the eastern
nlf of the belt. Light frost formed In
klahoum and henvv in northern Missis-
Mght rain fell throughout the cast-
WEATHER FORECAST.
Washington. Oet 28.—Weather conditions
ad general forecast:
Hlncc Saturday rain lias fallen generally
east of the MUsisAlppI river and snow lias
urred lu the Iwikc Superior region nnd
’nnadit, nnd In ty nioiiutulu districts of
Virginia and West Virginia. This morning
n ctjol wave cover* tin- central valleys,
with lowest reported tcnipcraturc, 18 ue-
grres, nt Charles City, Iowa, ami freesing
t«*ni|»erarure south as fur ns northwestern
Arkansas.
Clearing nnd much cooler weather I* In
dicatetl tor the eastern districts durtir
SAFE
INVESTMENTS.
The stocks and bonds
which we handle represent
actual, tangible value aud
are not subject to Wall
(Street speculation. Yet they
are selling just now at bar
gain prices. Write for list.
Hillyer Investment Co.,
KngliMh American Bldg.
Illinois (‘ciitrnl
l/oiilsvllle and Nashville..
Alauhaltau "!/'
Mexican Central.. ..
New York Central
Pennsylvania..
iWk Island
8t. Paul
Souther:) lad tic
Southern Railway
union Pacific
Wabash ..
Wlseousln Central
liiterhorough-Mrtropontai)
IntcrltonMigh-MetrofMilit.lii pfd
Great Nor them
..197
:-T
.. ..102%
Mi«e,ll»mou«.
Amnlgamntcil Copper .. .f .. ..
riea:
Anwrlvn« t'ar ami Fun wiry ,
American l^omotlve
American ToNceo
American Cotton Oil
American Smelting ami Refining .
Pressed Steel Car
XIoss-Hheffleld Hfee!
Sugar
Tenuesace i'miI nud Iron
United States Rteej
do. preferreil .. .!
Western Union
Mackny Conqiaulcs
•: m
..l«(s
Wi
do, preferred
MINING STOCKS.
Huston. Oct. 2*.—United Fruit 104*4.
(Irefne-Cauanea 64*. Caluiuet-Arivona ».
Copper Range 49. (»sc#id* 47. North Butte
37 to 274. s’nsnuon 94, Mohawk n. Cslutuoi-
lied* 595, Nevada Consolidatsd 7. Market
peued strong.
4°; | UNION
SAVINGS BANK
Cluld ■till,In,
CAPITAL STOCK . . . St 00.000.00
-r^-i RESOURCES l-j^T
4o 3C30.000.00 4%
N,w Vork. Botton. Chicago. Waihlngton. Plillad.lphi*
Baltimore. Atlanta. New Or leant. San r rsnclxco. Londen.
TLs American Audit C
100 Broadway, New Yerk City.
ompahy ;
F. W. LAFRENTZ. C. F A.. Pree.
Q. E. MANWARING. Vice Free.
• THSO COCHEU. JR.. Secretary. -
The American Audit Company, chartered tinder me law, of New York,
le empowered to examine the affaire of, and make report, upon the Daev
ciol condition of private and public concerns for directors, officers and ia-
dividual!. Ths preparation and Installlne of systems s specialty.
ATLANTA BRANCH, 1015-1016-101M018 WURTH NAT1. RANK BLDO.
C. B. BIDWELL, Resident Manager.
Telsphont. Main 87Z. Cable Addreea. Amdit. New York.
occur tonight >
mat
win
Sen York, Oct. 28.—The domestic roflmd
sugar market today was steady ami mi
changed, with all refiners doing bustUess un
the basis •»! 4.90 net leas J per cent for rash
for fine grain i la ted. The local raw sugar
market belay l* steady. The I^udon beet
sugar market was steady, with (>etol»er ami
November down VI cadi at 9rf3*vl for
both.
NAVAL STORES.
, . • Georgian.
’H.vmiunli. iN t. 13.-T'ir|«.iitl»e ,t«nly at
V u : els zurznnA, u» ; «...
t&tavafc fpJmgb
rn.v*,r>T. F. *tsi«t.'iMt: 6 M-W-IkS;
c it a
THE METAL MARKET.
New York. Dei. 28.—At the metal eg-
1 liaugc today, renewed sin nglb was ahowu
snd all grade# of copper were adraured
sharply from per rent..
lead and iqn-W were um hange.1.
Tin adTom cd 14 4 ’ f»r *i«>t a ml hear by
deliveries.
the middle At
lantic and New Kngland coasts will con
tinue this afternoon and diminish toulglrt
from the northwest.
Storm tvarubisa were ordernl Ktiuday
morniug for the lower lakes aud on the
At la ut i,c coast from Hatteras to Uastport.
They hare t**en lowered oa the lakes, but
*tIII diKpIsyed mi the Atlantic coast.
Forecast until s p. m. Tuesday:
Georgia ami South Uarollna—Fair and
• older tonight, with liesvr frost Id central
ami northern, portion* aud light frost near
the coast; Tuesday fair; fresh uorthwester-
lv wind*.
' Virginia—Fair and much colder tonight.
rihprrtttu
#; heavy frost lu goutheaat
" ‘ 'nda dltnln
^liix tonight; Tuewlay fair.
North Uarollna—Fair and mneb colder to-
night, with heave frost; Tuesday fair: fresh
Florida—Fair tonight with coble
frost in extreme northern portion; Tucm!
fair; fresdi north westerly winds.
Western Florida—Fair anil cooler tonight,
with light frost in exposed pbn-e* In In
ferior: Tuesday fair amt warmer; fresh
r.ortherlv wind*.
Ahtbitmi and Slisslsslnpl—Fair tonight,
with light froat In central and northern
portions; Tuesday fair and warmer; fresh
FRANK HAWKINS. President.
II. M. ATKINSON. Vto-PrealilsoL TUOMA* C. ERWIN. Cashier
JOSEPH A. ll'CORD, Vicc-PrestdeoL h W BYKRS. Altlstso: l« ‘
Third National Bank
Capital w - - - $200,000.00
Surplus and Profits $400,000.00
W. CALHOUN.
DR. M. 1». VAMM/U
MILTON DABOAN.
JOHN W, GRANT.
II. Y. ll’CORD,
FRANK HAWKINS.
II. M. ATKINSON, ^
JOSKPII A. M'CORD.
J. U. NUNNALt.T,
J. CaRUOI.L paynk
U. K. ROSSUR.
DAVID WOODWARD.
SPRINGS & CO.
HTOITK8, It It A 1 N X \ t» PRO VII IONS.
X Cotton Kichausr, Now York.
Sow York Cotton Kxokonfo. Now Jork roffo. Kxoktusr.
NowOrlnina Colton Eirbongo. N»w York Prwtu.'.EifU.ug..
I.tnrpool Cotton AiwH'btlon, chlmgo B.wr.1 of Trail-.
B. C. COTHRAN, Now Orlesnx Repretontative
ALOMZO RICHARDSON & CO.
PUBLIC ACCOUNTANTS, AUDITORS
Audits, Special Examinations. Ccsl
EMPIRE BUILDING,
AND BANK EXAMINER^
r.g arid Systematizing.
ATLANTA. GA.
%