Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, November 01, 1907, Image 13

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THE ATLANTA GEORGIAN AND NEWS. FRIDAY, NOVEMBER 3, HOT. TEMPER BEARISH Cotton Opened in Full Re sponse to Lower Liver pool Cables. NEWS AND GOSSIP Of the Fleecy Staple. Special to The Georgian. (From Hayward, Vic WALL STREET BUYING Steadied the Market Later. New Orleans Exchange Taking Holiday. New York, Not.' 1.—The cotton market —*■ - a to the lower cables, 8 points. At the start made a full response to the lower cables, 7 4 to 8 p UDC apparently was for Shortly i The best buying ai _ Wall street account. Shortly after the call prices hardened on the support from Wall street Interests. The Liverpool market was lower Friday morning, the decline about t meeting ex- i .»*<■ tat Iona “ ““ * 1-1 net 10*01 Hpots Were quoted 10 points lower at 8.93 for middling on sales of 8.000 >^s. The New York market was 4c*. points lower at the opening, but on some Wall street support the loss wus quickly recov ered only to turn weak nud sell off again. December started 4 points off at 10.39, sold up to 10.48 and back to 10.44 at midday. January was also 4 points lower at the opening at 10.09, advanced to 10.13, declined to 10.04 and at noon was selling at Thurs day* close—10.13. Trading was dull, due mainly to the hold- Ing In New Orleans. _ Luring the afternoon trading, the market turned*wry firm and a sharp advance took place, who dose being flriu net 6@28 points higher. The advance was attributed to a development o'a better spot demand * . ht | n | 0 sight f. . . es, ugnlust ,638,723 last — in 1904. Estimated receipts Saturday ^ 15,000 24,508 10,733 week was year, and 474,: * dor: lfOL New Orleans 0.000 to 8,500 Galveston 13.000 to 15,000 Houston .* 10,000 to 11,000 Following Is the statement of the wee and season's reofpts of cotton, corapa with last year: 1907. Receipts for week 10,422 Shipments 7,894 Receipts since September 1....23.613 Hhlpmenta since September 1...28,580 Stock ........ 9.406 1906. 10,543 8,423 38,922 27,602 11,692 SPOT COTTON MARKET. 1907. 1996. New Orlean, Ualreaton Mobile ,. Savannah Charleston Wilmington Norfolk S Boaton Brunnrlclt 4,212 10,864 2.933 14,215 2.819 *2#i 14 15,433 11,884 1.364 14,944 2,063 S IU33 Total •27.348 60,213 •Incomplete. INTERIOR RECEIPTS. Th« following talilo ahow, reralbta In the Interior today, compared with the aame day laat year. 11(17. 1901 Houston. ...... Augusta Memphis. . , , . . . Ht. Louis. ..... Cincinnati Totsl 10,647 iii 7 •14,554 19,280 3,363 8.121 5.S5S 1.262 37,884 Atlanta, qutet; middling 10 3-16. New Orlcaus, holiday. New York, steady f ntlddllng 10.90. Savannah, steady; middling 10>4- f Augusta, steady; middling 10*. Mobile, easy; middling 10*. Charleston, steady; middling 101-16. Wilmington, steady; middling 10*4. Baltimore, nominal; middling 10IJ-IC. Boston, steady; middling 10.90. Memphis, quiet; middling 10 13-16. Philadelphia, steady: middling 11.15. Houston, steady; middling 10*. Norfolk, steady; mlddllmr 10*. Galveston, nominal; middling 111-16. TODAY'S PORT RECEIPT8. The following table shows receipts at the t orts today, compared with the same day tst year: New turk, mi., _ Liverpool cables were-due 8*013* points lower on near and 9010 points lower on dis tant positions. Opened bn rely steady 8 points lower on ij£«r and 9019 points lower on distant positions. At 12:15 p. in. was steady at net declines of 11*012* points. Fair, business dojpg In spot* at 10 polutfr lower; middling upland 5.93; sales 8,000; American 7.509; speculation and export 690; imports 1,000 bales; American 600. Liverpool sends lower prices. The ad vance yesterday lacked sustaining pow although the Indications were fflr a nn. Improving market. The feverish condition of stocks took the starch out of the cottou rally. Bears began hammering and there was no support. We believe, however, that If eotlon is bought conservatively around these levels that profits will be. seen In the near future. i Following are the 11 a; m. bids: Decem ber 10.42; January 10.07; March 1Q.10; May 10.15. The simp is out of the market this morn ing, as Boston's 12,000,000 estimate maximum figures kilts the Influence of yesterday' mm OOO.OOO-bale talk, and mere Is a general Ing of apprehension hanging over e thing. Looks considerably lower to m the market and Is not compelled to look who have stock on hand a chance to get rid of It, and strengthen up the market. . Reports coining forward from Philadel phia and other yarn markets are not encour aging. Stocks are said to be still accumu lating In dealers' hands, with demand very slow. The only encouraging report cnrulnjf from manufacturing quarters Is to the ef fect that some of the mills ore getting very short of yarn and must shortly come Into the market for the purpose of replenishing their stocks. Weaving plants have very large orders on hand fflr next spring de livery, ntid these goods must lie turned out. On the knitting yarns reports are not so favorable ns the fall season on the finished goods for next year Is at a standstill, and orders are not being booked very freely for next spring. Narrow Goods Sales Reported, It Is reported In the district that several sates of narrow print cloths were nut through yesterday on a basis of *c below the previously lowest price on this class of gray goods. The 4*c quoted ns the Selling price of 28-Inch 64x60a In these transactions Is considered ns low a figure as buyers can look for. Regulars still hold firm at 6*c. Ou wide gray goods the market yesterday showed little activity. Standards ure quoted at 6*c for spqt and 6*c on future delivery ATLANTA MARKETS. FRUIT AND PRODUCE. EGGS—Active.. 24*©25c. . live Poultry—Yicns active. per pound. DRESSED POULTRY—Turke; 49045c; _ Jcin, 35c active, i6e HAYWARD, VICK A CLARK'S DAILY COTTON LETTER, New York, Nov. 1.—J. 8. Bacho ft Co.: Liverpool market fullered this morning from selling, due to the quick break bite yesterday. The Improvement In the finan cial outlook took the ^ It was that sort of li prices early yesterday. more than our market and. we opened from 5 to 7 points off. The rest of the morning ■aw a very dull speculation, owing to the holiday In New Orlenus, the low prices for December being at the opening, while Jan uary, March and May declined further after the opening call. The cottou market Is lu s water-logged condition. Either interest Is reluctant to take hold at this level, and ■o a deadlock follows. The desire of the Important banking tuterests to bring about •inlet security murk.-ts may affect the cot ton market also. We * * ' ‘ tnaflng market with i acslp on either side. a bears unawares, and buying which bid up iv. Liverpool declined 12,000,000 BALE8 MAXIMUM IS BU8TON'8 CROP E8TIMATE. New Orleans, Nor. 1.—A. J. Huston, the I.tiglish statistician, made public bis crop estimate Thursday. IIo says: i»P disaster In Texas, as my —, ____ ■how. October 15, tho cattle were turned into many fields and farmer* were plowing up cotton fields, something 1 have never ■**mi before at this season of the year. October 16, crop very Boor; picking near ly completed: gins In tnaAy plaecs not run- jdug, aud will only run one day a week, {toll weevil ha* done enormous damage in Ijouislana, Texas aud Arkansas. Yield of oil the smallest on record since 1886-1900. The crop, which was a month later than last year 1* now ahead of last season, being forced to maturity by the extreme hot weather In August without moisture, caus ing the bolls to contain very much less lint than In ordinary years. return yesterday, I noticed that . . . - had Lilted a vast quantity of Adda In the Atlantic atatea.” >WER PRICES FOR YARNS CREATES SOME INTEREST. The granting of still lower cotton yarn prices has finally begun to create some In ter eat on rh* nar r *- * wifi on the part of buyers. Thla baa not developed as yet Into any active demand, 5nt la to be seen from the Inquiries that •uyers are making and the amount of look* . n 5 ■5 0U . IM * 1“ the market that Is being In- bilged In. The price* at present being looted by dealers are very low when the •■j»st of raw cotton Is taken luto considers*. = tlon. and spinners are In the majority of I ihot. T4.5<L cases refusing to meet dealers* price Ideas. BIIOT—82.15 each. docks, drawn, fancy, lfc potion. PRODUCE!—Lard. 12c pound: hams actlre 16c pound; shoulders nctlre. 10011c pound; ■Ides active, 11c pound; butter. 18024c per pound; beeswax acNve. 25c pound; hone; cbrluht) active. 15c pound. FRUITS AND NUTH-CItron. 20c pound; almonds, l»o pound; Brasil. 14c pound; Filberts. 13*e poflnd; English walnuts, 15c Hi. Perana, 14c lb. Lemon pee), 15c lb.; or ange peel, 15c Hi. Lemons, fancy Messena. $3.7504.00; bananas. 3*o lb.; pineapples. Flor- Idn stock, $4.0004.50: Hines, Florida stock. 75c per hundred. Peanuts In sacks aver aging 100 pounds each, owing to grade, 6*08c per pound. Florida oranges. $5.00; dried apples, 12012*c; dried peaches. 14*0, Figs. $1.25 box. Dates. Mb. package, 7*o. L. Raisins, $2.00 box. Grapes, Concord. 6- pound bucket, 18c; Neugnrns. 20e; Delaware. 25c. Mains i. per keg, $5.5<Kff..OO. Apples. Virginia. $6.00; S’ew York. $5.6006.00. VEGETA BLEW—Potntoes per bushel $1.19. sweet potatoes. 60#i90o. Onions. $1.25 bush.; Mpnnlsn, $1.50 crate; kraut * barret.'$175; cabbage. X Virginia, l*e lb.; Danish. l%o Celery, 60090c a bunch; per crate, 6 -to 0* dozen. $4.75. Cauliflower. lO012*c, pound. Lettuce, $2.2502.50 per crate. Turnips, l*c nound. GROCERIES. RICE—Jap. 6* cents; trend. 607c; fancy head. 7ff7*e, according to the grade. CHEESE—Fancy full cream, lie; Georgia cane syrup, 37c gallon; salt. 100 pounds, I9e*. ■xle grease, ft.75: soda crackers, 6*c pound; lemon. 8c: oyster, 7c; barrel candy, per touml, 6*c; mixed, per 8 imunds. «*c; toma :oes. 2 pound*. $2.00 case; 8 pounds, $2.2J>*. nary beans. $2.90; Limn beans, 7c; beat matches per gross. $1.68: macaroni. tf*<f7r pound; sardines, mustard. $3.60 case. SUGAR—Standard granulated 5.29; New York refined. 4.90; nlnntnt! n. 5c. COFFEE—Roasted. Arhncltle*. $16.90; bnlk »o bags and barrels. 12c; green. 11012c. Shredded biscuit. *5.0f> esse; l^o. 1 rolled oats. $3.25 case; sack grits. 96-pound hags. 12: oyster*, full weight. $»25 ease; 18c pound: linking powder. $5 cr ... salmon. $5 case; pink salmon. $4 50 Case: Edited by Joseph B, Lively. MARKETS Mr. Lively's twenty-five years' experience of ed iting markets lb Atlanta and the South has made him a recognized au thority lu his specialty. RANGE Of NEW YORK STOCKS AND COTTON MARKETS NAME OP STOCK. Am. Ice i Am. Sugar Refinery. . Aineriutu Bmeltlng. . Am. Lucomtive. . . . do. prefer red. . . . Am. Car Foumlry. . . American Cottou OIL . Anaconda Atchison do. preferred. . . . Atlantic C. Line. . . . Brooklyn Rapid T. . . Baltimore X Ohio. . . Chesapeake & Ohio . Canadian Pacific. . . . Chicago ft Alton. . , . Consolidated Qai. . . . Centra) Leather „ do. preferred. . , . Colorado Fuel & Iroo. t orn Produce Colorado Southern. , . Delaware & Hudson. . Denver & Rio Grands • Distillers' Securities. . Erie _ do. preferred. . . . General Electric. . . . Great Western Great Northern pfd. . Illinois Central Interboro . do. preferred. . . . Kansas ft Texas. . . . ■ 25% 25V .'W4 33'/ 73 | 75% 74 <9% 100% S3 1 m 'so% . f . 121 24* » 1? m 7% m! ,9* 150% r i«% #1 NAME OF 6TOCK. Kansas X Texas pfd.. i.ouUvllte ft Nashville. Missouri Pacific. . . . Mexican Central. . . . New York Central. . . Northwestern National Lead Noriolk At*Western. . . Northern Pacific.* . . . Ontario ft Western. . . Pennsylvania. .'. . Pressed Steel Car. • . Reading Hock Island do. preferred. . . . Republic Iron ft Steel. do. preferred. .. . . Southern Pacific. . . . Southern Railway. . . do. preferred. . . . St. Paul Tenu. Coni ft Iron. . . Texas Pacific Union Pacific U. S. Rubber do. preferred. . • . U- K Steel do. preferred. . . . Western Uuton Wabash do. preferred. TIPS FLASHED From Wail Street. Total ktoek an leg today. 332.300 shares. NEWYORK. Following Is the range In cotton futures In New York today: Nov., . . , Dec,. . . , Jan.. . V . Feb.. . . , March. ... April. . , . May. . . , Closed firm. i\ 41 fl tv .1DJM0 ill .10.28-30 ) l'U*9-20i .10.29-311 510.31-321 110.43-47 110.13-14 10.15-17 10.17-18 110.20-23* 10.23- 24 10.23- 25 10.24- 25 LIVERPOOL. 2 n m. and close. compared ' Future* opened easier. Opeulng Previous Range. 2 p. m. Close. Close. November.... 5.66 -5.66* 6.66* 5.6.8 5.79 Nov.-Dec.... B.fil -5.69 6.69* 5.61 5.71* Dec.-Jan.,,. 6.62 -5.58 5.58 5.59* 5.70* Jan.-Fob.... 5.61 -5.57* 5.07* 5.58 5.69 Feb.-Mnr 5.58 5.58 5.69 Mareh-Aprll.. 5.61 -5.57 5.57* 5.57* 5.69 April-May... 0.60*4.57* 5.57* 6.57*. 5.68* Moy-June 5.60*4.54* 5.57 * 5.57* 5.68* JutiP-.Tnly.... 5.57 -5.56* 6.56* 5.67* 5.68* July-Aug 5.f>5*-5.54* 6.51* Q.55* 6.66 The New Orleans Cotton Exchange was closed Friday on account of All Saints Day holiday. NOTES ON GRAIN Pointers on Provisions. cocoa, 48c; cbocoIntM, 4!P*«' $3.25^73.80 cnae; peanuts. 8c; rope. Ion soup. $1-80474 raw. CANDY—Mick, naaoidert «*e nonnd; stick assorted, pound;, fancy assorted, path. 8*e; chocolate drops, nnlls, 12*c: Elk, at- •orted, ten boxes $5.50. Ft OMR AMD G»A»N. FLOUR—Highest patent. $6 81; beat pnb >nt. $575; standard patent. $5.80- half pat aprlnc wheat patent. $8 28. CORN -No. 2 white. S4c; cholcn white, 85c. Mixed, S4c. Cracked' corn, 96-pound sack, $3c. rn*CKFN FF^D-Fifty-pound sacks, ft; Tmrlpn rhfck feed. ft.96. OATS—No. 2 white, file; No. 3 mixed, 64c; Golden onts. 65c; white clipped. 67r. MEAL—Plain. W-ponnd sacks, lie; tit- pound sacks. 83c; plain, 21-pound sacks, 85c; germ. $1.60. HAY—Timothy, choice large bates. S3.3G do., choice small bates, 11.25; No. 1, one- third bales. $1.20; No. 2. one-third bales, tl.lft. Reminds. 90«*. ftHORTW—Choice wblre, $1 75; fancy, fj.TO; brown <75 to 100 pounds), $1.60; brand. $1.50 rorroN SRFin MKAf^frim, p-r to. $26.00; No. 2 per ton. $24 00; bulls per ton, PROVISIONS. PROVISIONS—Supreme hams. 15c;/ h»»i lies. 204)25 pounds average, 10*4; fat backs. 8.20. Supreme lard. 10*. Purity compound, I'i. California hams. 10c. Ex-ribs, 9*. BAGGING AND TIES. BAGGING—«h., 10*r; 2 lb.. 11*o; 2U lb.. 12*c: re-rolteil (second hand), 7*c. TIES—New $1.16* bunch, second-hand $1.06. FI8H. FISH—Bream,, 7c pound: snapper, ]0e I'ound; trout. 9®10c pound; bine fish. 8419c pound; pompano. 22>4c pound; mackerel, 12* tionnd; mlxwl fish, 6f?7c pound; fresh wntet trout, 10c pound; mullet per barrel, $9,800 ’0 00. HARDWARE. mr> BTICKETS—$4.M dozto. ROPE—Manila. 14*c; ftesel, lie; cotton, 10c WIRE—Barb. $*c pound. PLOW STOCKS—Harman. 86c; Ferguson, *,XES—$7 per dozen base. | EAD-9*: bar 7*e pound. AII.S—Wire. $2.85 keg, baso; cut $2.60 Rne utusi.n. THH-CdM. 17.VI: r«l»r. IS. POWPER-U.M: h«l( k»,«. 17.71: % k,r>. n M; nnTMnt .ml Rnnril ,niok»tn,, h»lf k,« 71135: % 7S.T7: l lh. nnlalm. n. Ih, 25 per m-n'. IroIMPrf •moketru pow der. t-lb. ran,. 71. RITOVKI.S-Td to 111 «er do»D. IRON—2*c per pound base; Swede, 4*c ^BUCKETS—Paint, fl.70 dozen; white ee- ar. three hoops. $4.26. CHAINS—Trace, $40* dozen. GUN POWDER—Per keg. Anstfn crack Special to Tlie Georgian. (From Hayward, Vick ft Clark.) Chicago. Nov. i.—Bartlett, Frasier ft Car rington: As market advances are so subject to rumurs and finpndul conditions, It Is ox- treinely difficult to preddt what the market will do during the flay, and we would ad vise great caution In trnding until finauctnl matters have become more settled. The receipts of corn and onts aro falling off, and If we should have bad weather rember would sea nu extreme coarse grain receipts and higher prices for the cash property. Loudon is selling some wheat, and the pit crowd 4s forcing prices. Market very hoppy. Orders either way turn It quickly. Wrenu tried to sell December corn early and the crowd helped hlin, jumping on May. Seotten welling December wheat to 95*. Pit crowd playing the bear side for a turn. Armour has been good buyer of December J. II. Wrenn best seller. The buying In May onts Is by Creighton, Mnrfleld nnu lo ll erowd on the strength In December. Welsh tins sold quite a little corn. Com mission houses have taken It. This market will go quick either way as crowd lulls ou to It. Chicago Evening Post: New York oorre. spondetit of H. C. Love ft Co. sent the fol- 1 g ns cotidltl >n* In wheat tnnrket there: .... Liverpool futures muter heavy selling pressure against purchases of Chicago No. 2 • vheat. The spread showed from 3c to bushel over nil expenses to ship the wheat to Liverpool In face of udvunced ocenn freights. Should tho spread narrow materially exporters will take profits uud not ship the cash,*but otherwise will send tho wheat forward. Foreigu exchange Im proved.” » Chicago house long a million December Wheat for Liverpool hns n cable trying to arrange to take delivery of tho December wheat now and ship It out Inke or rail or nil rail. Broomhnll cabled: “Tho spot wheat mar ket In Liverpool Is weak, with values * to l*d lower. liquidation being partly due to margin calls from Chicago. Clement, Curtis ft Co.'s Argentine corre spondent says: ”Tho official government report ou last yenr’s crops gives an uctunl result of 161.515,000 bushels, nud on exporta ble surplus of 100.000,000 bushels, with the probability at this writlug of the actual exports being a little above the official es timate. The report of acreage this year Is with nn Increase of 240 hectares*, which, with n normal yield of 291-3 kilos per hec tares, Indicates 175,000,000 for the crop which is now ripening.” A cable from Adelaide, Australia, say* the Register (newspaper) estimates this year’s hbent crop at 14.500.000 bushels. This roinnares with 20.143.0U0 bushels raised In. ml 12,023,000 bushels In 1904-05. WHEAT IT OPENING LARGE FRACTION OFF Let-Up in Export Sales Was the Main Fac tor. Chicago, Nov. 1.—After opening * to % lower, December wheat sold down to 95 1 *. off l*c from yesterday's finals. Northwest ears -were 101, against 63 hint year. Cables were * to %d lower. The Minneapolis flour output Inst week decreased 47,585 bar rels. A let-up iu export Hales is tuc main factor. Wheat was off *#lc nt the close. Corn lost %<&%, onts were *<t*c lower and pro visions were 10#20c lower. WEATHER REPORT. WEATHER CONDITIONS. The high men still covers the eastern half of the map, with Its crest extending from Maine southwest Into Mississippi. The northwestern low area has moved north eastward and Is uow central near St. Paul. Its advance hns caused n slight rise In temperature to the eastward us far us the berth Atlantic coast and rain In Mluuesotn, eastern Nebraska, Missouri and Iowa. Ralu was falling this morning nt Davenport, St. Louis, Palestine and Taylor. A few points on the south Atlantic coast report light rnlnfallH. The high area that wsh over Cali fornia yesterday morning has moved u little north of east and la centered today near Yellowstone Park. Clear weather prevails in the Rocky Mouutaln districts, while cloudy weather‘covers the remainder of the The combined influence of the two high arcus upon the Intervening trough of low pressure will cause cloudy aud unsettled weather with rain (n this section tonight and Saturday; no decided change In temper ature. Minimum and Maximum Temperatures and Rainfall. 1906- BIG BUSINESS PUT THROUGH A8 COULD BE FINANCED. New Orleans. Nov. 1.—The Tlmes-Demo- erat says: "With the uarrowiug of the premium nt whleh spot cotton wan held over future* caum a softening of the s|M>t basis, and Just ss big a business in actual •otton was put through ns could be financed _ , . Locally fac- tables were practlenly swept clean, clearance# were large, and when the money represented by the cotton transferred be gins to arrive from the other side further spot purchases will be made with It. Cortelyon asking that the federal govern ment arrange to accept deposits of gold In I^ndon against which exporters may draw currency from the New Orleans sub-treas ury for prompt distribution among Interior buyers in Isnuslana, Texas, Arkansas and Mississippi, where It Is now badly needed. In this way the Southern domestic ex change market could he ope ml again, and the purchase of cotton- for cash proceed without further material Interruption. Up To u late hoar last evening no favorable re- dv had been recetred from Washington, ft.% exporters were hopeful that the govern ment would recognize the urgency of the matter and create such machinery as may be necessary for the effecting of such transfers, from whleh a double benefit would accrue In that they would ease the hanks throughout tho cotton belt,”—Hay ward. Vick ft Clark. CHICAGO GRAIN MARKET. Following are the Chicago grain and pro visions quotations for today, compared with yesterday s close: Previoos Open. High. Low. Close. Close. WHEAT Dec.... 96* May.... 104* July 97*4 CORN - Dec.... 58* May.... <10 July.... 59* «»AT8— Dec 49* May 52* July 48 PORK— Jau... 14. May... 14.90 I.AKD- Nov... 8.62* Jnn... 8.55 Mrjr... 8.65 IURS— Nov Jan... 7.67* May... 7.90 59V 60* 60* 50 , «!; 61* 47* 95* 101* 98* “it 60* ATLANTA. Abileim. . . Amarillo. . Ashe Augusta. . . , Birmingham. . , Bismarck. . . . Boston Charleston. . . Charlotte. , . . Chicago Cincinnati. . . . Corpus Christ 1. 69-4! Daveuport. . . , Dodge City. . . 9U* 101% m* 58%; Bti I U.KHi 14.65 S.8H 8.55 8.67* 7.67* 7.92* 8.47* 8.42* 8.55 8.67* 8.57* 8.72* 8*67* 7.92* LIVERPOOL GRAIN. Wheat opened lower and nt 1:30 p. m. *©% lower. Closed higher. item opened * higher and at 1:30 p. m. * higher. Closed unchanged to * higher. THE LIVE 8TOCK MARKET. Chicago, Nov. 1.—Hogs Receipts 11,000. Market strong to Re higher; light Ji.7t>U 6.25; mixed £>.6066.30; h*uyy $5.40$|6.25; rough $5.4Of05.CO; pigs $4.60'tr5.5o; yorkers $6.10 fjd-20. Cattle—Receipts 10,000. Market steady to strong; beeves $3.6*>ii7; <ows I1.20&4.90; calves $4.50ti7: Texas steers $3,40&4.25; west- erti cattle $3Q5.5Q; Stockers aud feeders $2.4005.60. Sheep— Receipts 4.000. Market strong to a shade higher; natives $.'.r>0&6.2&; westf-ru $2X005.20; yea^rU^s .$505.75; Iambs $1,250 CHICAGO CAR LOT8. Ijge Clt Fort Smith. . Galveston. . . Havre Huron Jacksonville. . Jupiter Kansas City. . Key West. . . Macon Memphis. . . . Meridian. . . Miles city, . . Nashville. . . New' Orleans. . North Platte. , Palestine. . . . Portland. Me. . Portland. Ore. Rapid city. . . Nt. Paul. . . . Savannah. . . , Spokane Tatnpa. Thomas.... Vicksburg. . Wilmington. file. Special to The Georgian. (From Hayward, Vick ft Clark.) New York, Nov. 1.—J. S. Ruche ft Co.: No Umdon market -today. Many rumors were nfl«»nt yesterday, one to the effect that Pennsylvania diVldeud would he out today. Short Interest said to be large In Pennsylvania and a few. others. The dividend and Interest disbursements are expected to be a big aid to the money mar ket.- nml gold wilt begin to arrive carlv next week. Ou any declines market should he a purchase. The early declaration of Pennsylvania div idend was soinewlmt of 41 surprise aud dis- eoncerted the short, sellers, of yesterday, there is a better feeirug In the street on account «»f this action, ami the market 1ms n stronger undertom*. We understand that J. Pterpout Morgan ft Co. are offering the New York city reve nue warrant on a 5* per cent basis, or 100*. and Interest for. the one-year warrants, 101 ami luterest for the two-year warrants and 101* uud Interest for the tbree-vear warrants. First National Bank loaned $700,000 at 20 per cent. Tho directors of the Trust Company of America su.v that the Insututivn has re turned $1,000,000 currency which had been advauced 4 to it, as It was no longer neded. Mnnuclal interests strongly reprobate the various rumors which were^circulated yes terday without foundation. Town Topics: When such standard Is sues as Pennsylvania nud Colon Pacific continue to display weakness, it Is diffi cult to see how the* rest of the market can withstand the pressure of stock which Is likely to he thrown on It from time to time. Notwithstanding yesterday’i decline, we see no encouragement ns yet In the situation, and prospective buyers, should hold aloof for the time being with the Idea of nt least waiting for u decilue of sufficient proportions to make prices considerably more attractive than they are at present. We do not think the liquidation In Penn sylvania is completed, nml would not be surprised to see this stock have a further sharp break In the near future. While the earnings of the company are satisfactory, Its management is conservative and will hardly see Its way clear to continue present dividends. In the case of New York Central, It Is doubtful If the company Is earning much ** ■ jMjf M 1 present ■ reduction _ It Is unreasonable to many stocks now' paying hand some returns to investors will continue to do so, and. In many instances, such reduc tions ns nre likely to take place have not ns yet been fully discounted. Today's market promises to be unsettled, and there is little likelihood of anything more than n temporary rally at times. The money situation Is still critical, although on the surface It may look better. We Wtnild ml vise selling cotton on such bulges ns occurred yesterday, while wheut may be bought for turns The Loudon st day In observunc TAKES A HOLIDAY In Hew York Price of Stocks Moved Irregular- ' ly At Opening. CHANGES ARE SLIGHT n» , dend Is Inevitable, peet that t for turns on weak snots. stock exchange Is closed to- mce of All Saints’ Day. THE COFFEE MARKET. market for today: Opening Range. Close January ..B.60-5.70 5.65-5.70 February .. 5.65-5.75 5.70-5.80 March 5.80-5.85 5.80-5.85 April 5.85-5.99 May 5.90 5.95 6.90-5.96 Juno 5.90-6.00 5.90-5.96 July 5.95-6.05 5.95-6.00 August 6.00-0.10 6.00-6.05 September 0.05-0.10 6.00-6.05 October 6.10-0.1B 6.05-6.10 November 5.50-5.55 December 5.65-5.70 Closed steady. Sales 16,750 bugs. MINING STOCK8. noston, Nov. 1.—Opening: Greone-Cananen 6*. North Butte 41*. Smelting 29, Massa chusetts Electric preferred 39. Culmnet-Arl- 103, Hmeltlug preferred 34*. Utah Min- * ”— " If. Copper Range 52)4, Market Irregular. GEORGIA RAILWAY AND ELECTRIC COMPANY. NAVAL STORES. HAYWARD, VICK & CLARK, , COTTON, 8TOCKS, BONDS, COFFEE, GRAIN AND PROVISIONS. Carond,l*t «nd Gravler St,, Ntw Orion,. MEMBERS: Iti, Orion, Cotton Rxehinre, Kew Orion, P,tnre Broke: a‘ AMMCuue^ Sow Yotl; Cotton Exch*nf», N«» OrlfiB* c W".«'> Bo» ri » of Tr * 4 *. £«:rs;;oa Cotton Hirhanne. Nr* Vork CofTra Kicfiju*'. H00 * l ° a <*"«“ Vork ^ A •. BACHE * CO., AND BARTLETT, FRAZIER & CARHINBTON, .' eeJYATR WIRES TO ALL POINTS, Buy Stocks The chance of a life-time la present, ed just now to buy standard stocks at bargain prices. Shrewd Investors are picking up gtU-edge bonds and shares at low fl cures. We have connections for prompt handlinc of Investment or ders for cash. HILL YE R INVESTMENT COMPANY, English American Bldg. THE 8UQAR MARKET. changed. The local raw sugar market was steady. The London be**i sugar market was steady, with October and November up %d at 9s i%d for both. THE METAL MARKET. COTTON 8EED OIL MARKET. Following Is given the opening and cloning quotations of the New York cotton seed oil Opening. November 37' Decetulier. S'-istr * May SW3AS July -I •'flMMOfe ... Closed steady. Kales 9,266 barrel*. Atlanta Oil Markets. The following quotation# are ba*e,i on ac tual transactions: J'rl^ crude oil, f. o. WEATHER FORECAST. Washington, Nov. 1.—Weather conditions ami general forecast: The weather dlsturbanre I* slowly ad vancing eastward In tho rear of the At lantic coast high. It has developed some what during the Inst twenty-four hours, nml uow extends from Minnesota south ward to Arkansas. Rain has fallen quite generally In the Mississippi valley, northern Texas, Oklaho ma, Kansas and Nebraska, and lu scattered localities In the Rocky Mountain region. It Is considerably colder lu the west of the Rooky Mountains. I Rain Is indicated for toulght and Satur day In the lower lake region, the Ohio val- tey au«l the east gulf states. It wdll prob ably overspread Atlantic coast districts by Saturday afternoon or night. The tempera ture will rise slowly lu Atlantic coast dis tricts. and fall Saturday In the Ohio and the lower Mississippi valleys. Storm warnings ore displayed on the up per lakes uud Lake Repin. Forecast until 8 p. tit. Saturday: Georgia—Ruin late tonight nud on Satur day; warmer tonight; fresh northeasterly, shifting to southeasterly, winds. Virginia—Warmer tonight, with tain western aud fair In eastern portion; Satur day rain and warmer lu southeast portion; light variable winds, becoming fresh south erly. North Carolina—Fair tonight, except ralu In western portion: warmer; Haturdny rain lu eastern portion: fresh northeasterly winds, becoming southeasterly. South Carolina—Partly cloudy tonight; probably rain in mountain districts; Hatur- day rain and warmer; fresh northeasterly winds, shifting to southeasterly. Knstern Florida—Rain tonight and proba bly Saturday, except fair In western por- ti g f ' J ‘ '— —*-*" — .Special to The Georgian. Savannah, Nov. 1.—Turpentine firm rl 49*; sales, 397; receipts, 863. Rosin firm; sales, 2,377; receipts, 2,877; window glass. $6.10; water-white, $5.90; M, $5.60; N. $3.05; K, $4,751/4.80: I. $4.25<ft4.80; II, $4.01i4.15; G. $3,951*4.10; F, $3,904/4.06; E, |3.9Q#4.U0; D, $3.90<t(3.96; C B A, $3.95, Copper Weakest—Pennsyl vania Advanced on Divi dend Declaration. tlon shown to move In either direction, some extent this was due to the holidays < tho European expbunges, but more largely stuck market was. however, welcomed mi excellent sign. It Indicated on the one hand, of course, an abandonment of efforts to advance prices against the extreme con- servnP.sm of the hanks, but it also Indicated that forced liquidation, which had carried flown prices oil the previous days, was for the time being a thing of the past. i'emiHylvauIa stock opened op a point and n half on the declaration of the regular siMifl-nnnmil dividend, and this was, from till investment standpoint, a most reassur ing incident of the day's situation. 8n was the engagement of another $30,000,000 In gold from tho Bank of England for ship- tnent to this country, which proved that the raising of the discount hod had no effect In checking the much-needed relief for our money market. New York, Nov. 1.—Announcement of ths declaration of the regular Pennsylvania seml-auiiuul dividend of 3* per cent was followed by an advance of 1* in tho stock tit the opening of the stock market. Else where price movements were Irregular. Ths S encral list, however, showed a steady un- ertone. Pacific was ur Brooklyn Rapid Transit “ sylvuuiu hud reacted 1*, bringing It back to 107, yesterday's flual figures. MONEY AND EXCHANGE,/ New York, Nov. 1.—Money on call, 6 to 20; time loans, no time money. Pouted rates: Sterling exchange, $4.80@>4.82 1-2, with actual business In bankers’ bills at $4.8675(04.87 for de mand. and no Quotations for 00-day hills. Prime mercantile paper nominal at 7 m. t London*bar sliver, 27 l-2d; New York bar silver, 59 l-4c. Mexican dollars. 47 l-2c. WILL KEEP EXCHANGE CLOSED. Pittsburg, Nov. 1.—The directors of the Pittsburg stock exchange have decided to keep the exchange closed today. LOCAL 8TOCK8 AND BONDS Atlanta ft West Tolnt R. R. Atlanta 4's, 1933, coupon M Atlanta 4*’s, 1922, coupon...., 108 Atlanta, Birmingham and A.. 19 do. preferred ... Augusta Factory Central Bank and Trust Corp. 126 exposition Cotton Mills 225 Fourth National Bank 200 Georgia Slate 4*’s, reg Georgia State, 4* s, coupon... 107 On. It. R. and Banking Co 240 Ga. By. and Electric Co 70 Beahourd Air Line do, preferred ... South western Atlanta 4 per c. Augusta 4s, 1935 Georgia 4*s. 1915 coupon 106* lo, 8*. 1939. reg 104 Dixie Cotton Mills ... Dixie Cotton Mills, fl’s 98 Ga. R. It. and Bkg. Co., 6s.. 103 Heaboard 4s. I960 GS* 102* .... 19* 207 bonds, 1933... 100 Saturday fair and colder In southern por tion. Oklahoma and Indian Territory—Fair and colder tonight and Satnrdny. Arkansas—Showers tonight; Saturday fair 4% UNION SAVINGS BANK Could Building CAPITAL STOCK . 8100.000.00 TT resources -~rrr 4% S2SO.OOO.OO 4/0 New York. Boeton. Chicago, Washington. Philadelphia Baltimore. Atlanta. New Orl.ana. San Francisco. London. Ths American Audi!" C ompany, 100 Broadway, New York City. F. W. LAFRENTZ, C. F A., Proa. G. E. MANWARINQ, Vlea Prea. THEO COCHEU, JR., Secretary. The American Audit Company, chartered under the lawB of New York, la empowered to examine the affairs cf, and make report, upon the finan cial condition of private and public concerns for dir. '",nrs, officers and In dividuals. The preparation and Installing of system* a specialty. ATLANTA BRANCH. 101S.1016101M018 ORTH NAT'L BANK BLDO. C. B. BIDWELL, Resident Manager,, Telephone, Main 87a Cable Address, Amdlt, New York. tonight; fr***k northeasterly winds, Florida and Alabama—|taln and warmer tonight; Saturday Hearing 'and cool] er lu northern and western portions of Ala* bnifta: fresh southeast to south winds. Mississippi—!U!h tuu'sli and In Matbfast- ern portion Saturday; colder Saturday; freak southerly, shifting to westerly, winds. Kenturky—ltaiu tonight; Saturday/ rain and •‘older. Tennessee— Rain and warmer In Eastern portion tonight; Saturday ruin; colder In western portion. l^uislana—Showers tonight; Saturday fair except showers In southeast portion; colder in northern portion; light to fresh south west winds. Eastern Texas— Showers In southern, fair and ••older in northern portion tonight; Sat urday fair and colder; light to fresh south erly winds on the roast. Western Texas—Fair and colder tonight; Fosbpb A m coMd* vk^mBML U. W. liYEitsr AUliUB- a.hfw. Third National Bank Capital .... $200,000.00 Surplus and Profits $400,000.00 Director,: S?i.TON W DilmFTtANK HAWKINS. JOHN W. tlllANT. H. M. ATKINSON II. Y. M'COiy>. J08BPH A. U CORD. J. n. NCNNALLT. J. CABROLL 1‘AYNB. B. k KOHSKB. DAVID WOODWARD. SPRINGS & CO. COTTON, STOCKS, fin A IN AND PROVISIONS. 36 Cotton Exchange, New York, MEMBERS: Krnm York Cotton Exchange. New York Coffee Exchange. New Orleans Cotton Exchange, New York ITodnee Excnange. Liverpool Cotton Association, t hicago Board of Trade. « B. C. COTHRAN, Naw Orleans Representative ALONZO RICHARDSON & CO. PUBLIC ACCOUNTANTS, AUDITORS AND BANK EXAMINERS Audit,, Special Examinations Coating and Systematizing. EMPIRE BUILDING. ATLANTA, GA.