Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, November 02, 1907, Image 12

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iz THE ATLANTA GEORGIAN AND NEWS. (SATURDAY. NOVEMBER 7, 1907. TRADING NERVOUS IN EARLHESSION Undertone Was Firm and Offerings of Cotton Were Scarce. SCORED AN ADVANCE Professional Profit-Taking Caused an Easing Off * in Prices. New York. Not 2.—The opening of the local cotton market thin morning was quite active and trading wna nervous. The under tone was firm. Offerings on the call and afterwards were ecaree. By the end of the first thirty minutes prices bad eased several points from the top by profit-takings from the room longs. Tho market for futures started off with a rush Saturday morning, influenced by the flrminesa displayed by Liverpool, though prices were about as expected, the doss being steady net 8 to 11 points lower on the near months and 7 to 1% points down on the distant positions. Spot was firm at 12 points advance to 6.06 for middling. The demand waa fair for the abort session, spinners taking 6,000 halve. The New York market opened unchanged to 7 points higher, and on some bull support and covering over Sunday further advanced, ^ 10J7 ' j annarjr to , 10 points above the ._ y. In the last hotn clng sales caused s slump, practl cally wiping out tha early advance and doting tho market steady 4 points lower to 8 points higher than Friday's finals. Comparative receipts at all U. 8. ports: Net receipts Saturday 66,420 Same day last year - 6®.864 Inc reuse 5,565 Total receipts since Sey%*mber 1|...1,432,401 Serna time last year 2,6*9,260 Decrease 1,166,869 Estimated receipts Monday ^ New Orleans ~ 18.000 to’lO.OOO 19,633 Galveston 18.000 to 14,000 2&.6OO Houston 8,000 to 10,000 22,876 8P0T COTTON MARKET. auUMi quiet; oiiuuuui (few Orleans, firm; middling 10%. Tew York, steady; middling Uc. Javannah, steady; middling 10%. Augusta, steady; middling 10%. Mobile, easy; middling loH. Charleston, quiet: middling 10%. Wilmington, steady; middling 10%. Baltimore, nominal; middling 10%. Boston, steady; middling lie. Mamphla, quiet; middling 10%. Philadelphia, steady: middling 11.26. Honston, steady; middling 10%. Norfolk, steady: middling 10%. Galveston, steady; middling 11%. TODAY’S PORT RECEIPT8. The following table sbowe recelpte at the NEWS AND G0SSIP Of the Fleecy Staple. Special to The Georgian. (From Hayward, Vick A Clark.} New i’ork. Nov. 2.—J. 8. Boebe k Co.: near and 10 points higher on late months. Closed steady 8011 pduta higher on near and 706% points higher on Tate month*. Spot cotton quiet 12 points higher; middling upland 6.05; sales 6,000 bales: American 5.400: speculation and export 600; Imports 48,000. Including 43,400 American. The resistance of market to bear pressure was well Illustrated yesterday. Since the Improvement in the financial outlook, the cotton market heart hard. The low levels reached recently haa attracted auy amount of foreign buying, and the movement out of the country fe a reflection of tbit* demand from foreign spinners. We favor the hmjj reflection of this demand ... _^„jnera. We favor the lo aide on declines, and look for a aubstant advance In the next thirty days. Cotton cables lower, but our market hlgh- r on manipulative tactics In January, frightening tne aborts In that month. a the statistical posit)-.. ruuoii vi* *(iday, November 1. as made up by The New York Financial Chronicle: Thin Last. Week. Year. visible supply ,....8,186,877 3.314.308 American 2,428,877 2.666,808 In sight, week 454,462 626,490 Since September 1 2.787,143 4,4x3.323 Port stocks 663,806 936,607 Port receipt* 337,068 474*71 Exports 878.894 362,741 Interior receipts 234,713 340,769 interior nhlpmisita ........ ,1*2,000 272,848 Interior stocks 415,441 408,198 .« r jol cotton state- week ending Friday* Novem- Weck's sales Of which American For export For speculation 1907. ... 48,000 ... 42,000 ... 1,800 ... 1,400 ...100,000 Forwarded Total stocks 642,000 Of which American 468,000 Actual exports 6,000 Week's receipts 79,000 Of which American , Stocks afloat bleb American ....801,000 ...349.000 ...295.000 93,000 296.000 222.000 3.000 147.000 121.000 497.000 418.000 450.000 392.000 1 dis quieting. May have a further set back In cotton. Think the railroad strike In England a se rious matter to Industrials and atrlctly against cotton. Would not be surprised to see Liverpool weaken some. HESTER’S MONTHLY COTTON STATEMENT New Orleans. Galveston. . , Mobile. . . . Savannah. . , Charleston. . . Wilmington. . 7,916 15,810 2,266 14,624 2.374 3,274, 16.000 MM 3.612 10,870 INTERIOR RECEIPT8. Houston. , Augusta. , Memphis. 10,260 8.689 8,694 2.288 10,733 2.932 6.985 3,920 HAYWARD. VICK & CLARK'S DAILY COTTON LETTER. New Orl.mi, Nor. J.-N.w York on j.tt.rd.j and again till. morning an .ambi tion which I. rar.lg ercr wen. eaccnt when * market I. haarlly oversold, ami the arat- torad ontaldo Internal gala norroua over tb. action of loading operator.. An oarlr decline of 10 polnta waa followed by an ail. ranee which had reached ew» polnta at the cloaa yeaterday, and a rapid apurt of 10 polnta followed an unchanged opening In New York thla morning. Liverpool kent pretty cloaa pace with all movamenta ln New York and onr market followed thla morning with an adyanca of 1702fi polnta a round the opening, t’onalderlng tin- la no Inapt ring change In aurroondlna . reartlona muat ho regarded on tha technical ha.la of a abort acare. yaL the fact remain, that eomo big people are bnylng. whether to lay tha foundation for a hull movement later on or m— *- 1 ** * * abort educate I , which muet un- aettia Indnatrlea and have a bad moral affect, following, a. It doea. w outekly upon tho trouble. In thla country. Weather condition* over Friday were decidedly unfa vorable. Indtcatloua point to clenrlng and colder In tha north and weat, probably with front temperature,. There la not much ■- — - .pot attnatton. Batter .»• . p!t>nt banking 1 hard to gat and I nut coma froi Mow. After tL. «... — weakened continually, nnd ahowed clearly a lack of confidence In the reaction. Nearly all the gain waa loat before the cloae. A had bang atatement laaual by New York after tb, cloae of th, atock market rauaed additional eelllnt In the laat houre and dle- truet In tha attuatlou. Bpot hnyera aay their agenta In th. Interior report Mai, water, and rather more active d.alre to Mil at roneeaalona. Now ‘ Tb# EUjciiru nuinmu siimr. iu B ctuc, wet weather in tbs belt and the final elim ination of the short Interest, all conspired to Isavs the bulls In cotton without much sup port, and, although the market did not de cline much after the early rail/, “ u *****— —ini The total for October wns 1.848,106. against 2.340.943 last yesr. 1.992.517 rear before last and 2.399.328 same time In 1904. The movement from September 1 to No vember 1, Inclusive, shows recelpte nt all Fulled States port* 1,866,972. against 2,629.- 396 last year. 2.422,409 year before last and 2,826,076 same time !u 1904; overland across the Mississippi, Ohio and Potomac rivers Ur Northern mills and Canada 64,621, against 92.251 Inst year, 86.979 year before last and 114,079 same time In 1904; Southern mill tak ings. exclusive of quantity consumed nt Southern outport*. 410,000, against 471,000 Inst year, 465,000 year before Inst nnd 423,000 same time lu 1904; nnd Interior stocks In excess of those held at the commencement of the season 288,141, against 242.544 last year, 332,623 year before Inst and 399,609 same time In 1904. These make the total movement of the cotton crop brought Into sight during the two months ending close of October 2,689,- 634. against 8.335.471 last year, 3,307.618 year before Inst, and 3.761.664 same time In 1904. Northern spinners took during October 169.363 bales, against 216.852 Inst year nnd 288.751 year before Inst, tucrenslng their to tal for tho two months to 237,821, against 307.848 last year nnd 408,377 the year before. This makes tlielr average weekly takings for the season 27,237, against 36,924 last year, and 46,863 the year before. Foreign exports for the_ two months of Edited by Joseph B. Lively. MARKETS Mr. Llvely'e twenty-five years* experience of ed iting markets In Atlanta and the South has mad# him a recognised au thority In his specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAMES OF STOCK. Amah Copper Am. Ice Securities. . . Am. Lecomtive. . . . do. preferred. . . • Am. Car Foundry. . . American Cotton OIL. Anaconda. ...... Atchison aAM: ::: Brooklyn Rapid T. . . Baltimore X Ohio, Consolidated Gas. , -orn Produce Colorado Southern. .. Delaware * Hudson. . Denver A Rio Grande. Distillers' Securities.. Brie do. preferred. . . . General Electric. . . . Great Western Ore«t Northern pfd. . Illinois Central Interboro _ do. preferred. . • . Kansas A Texas. • • . 74% 24% 24% m Total stock aalea today, 19<Ub6 shares. NAME OF STOCK. Kausas X Texas pfd. . Louisville ft Nashville. Missouri Paclfis* . . • Mexican Central. . . . New York Central. . . Northwestern National Lead Norfolk 5c Western. . . Northern Pacific. . . . Ontario A Western. . . Pennsylvania Pacific Mall People’s Gas Co. . • . Pressed dteel Car. . . Reading. . A Rock Island do. preferred. . . . . Republic Iron & Stool. . do. preferred. . . . . Southern Pacific. . . . , Southern Railway. . . , do. preferred. . . . St Paul. Tenu. Coal A Iron. . . Texas Pacific Union Pacific U. 8. Robber. do. preferred. • • . , U. b\ Steel do. preferred. • • . . Western Uotoo Wabash. . . ...... , do. preferred Wisconsin Central. .. , do. preferred. . . ai ..71 £0 St7 “55?i 94% 53 TIPS FLASHED From Wall Street. NE^ YORK. Following Is the range In cotton futnres In New York today: 5Tov—r Dec.. . Jan.. . Feb.. . March. April. . May. . June. . Jul ,10.72 . 10.30 .10.80 iy. . . .1 Closed steady. ^ 10.33-351 10.6M 10.31 18 10.30- 32 10.30- 31 10.31- 32 10.32- 33 KL82-34 10.82 34 10.36-3? 10.67 10.30 10.29- 30 10.29- 80 10.28- 30 10.29- 80 10.29- 3I 10.31-82 LIVERPOOL. Following Is tbe opening range, 2 p. m. and close, compared with yesterday: Futures opened firm. Opening Previous Range. Close. Close. November 6.77 Nov.-Dec 6.70 -6.68> Dec.-Jsp 5.6* -5.67> Jan.-Feb 6.67 -6.66 Feb.-March 6.67 -5.69 March-April 6.67 -5.65% 6.66 Aprii-Miy 6.67 -5.69 5.66 May-June 6.68 -6.66 6.66< June-July 6.67%4.66% 5.66* July-August. 6.68 -8.63 5.62> 6.66% 6.68 5.61 5.59% 5.67V 6.67V 6.57V 6.55V Closed steady. NEW ORLEANS. Following Is tbe rang* In cotton futnres In New Orleans today: I A 1 a J 311 .1 el JM | 0 Nov.. . . . Dec .Tan Feb March. . . io!s9 10.38 10*42 io.44 10.43 ia« iaii 10.20 io!i9 .....110.37 110.28 10.30 10.29-30 10.23-24 10.25 10.25 10.19-20 .....10.24-26 10.21-23 10.23 10.23 |10.22-23 May. . . . June. . . . July. . . . 10.52 ib!w 10.65 10*60 10.29 1M7 10.29(10.30 10.30-31 110.31-33(10.33-35 10.47 10.30-38! 10.36-37 Closed steady. ATLANTA MARKETS. . FRUIT AND PRODUCE. EGON—Active. 26c. LIVE POULTRY—Hens active. 40ff4Be: chickens, fries, 27%ff40c. Ducks, Pekin, 36c each; puddle, 80c eacb. Turkeys active, 16e '•Mi*. active, 20c pound; frlee active, bens. 16c pound; ducks, drawn, fancy, 16c pound. PRODUCE—Lard, 12c pound: bams active, 16c pound: shoulders active. lOOUc pound; sides active, 11c pound; butter, 18$?24c per pound; beeswax active. 25c pound; bone; (bright) active. 16c pound. FRUITS AND NUTS-Cltron, 20c pound* almonds, 16%c pound; Braxll, 14c pound; Filberts. 13%c pound; English walnuts, 15c lb. Pecans, 14c bound. Lemon peel. 17%c lb. Orange peel. 17%o lb. lemons, fancy Mes- senn, |3.75^4.00: bananas. 3%c lb.; pineap ple*. Florida stock, |4.00®4.60; limes. Florida stock. 75c hundred. Peanuts In sacks aver aging 100 pounds, each, owing to grade, #H{<W8c per pound. Florida oranges, $5.00; Figs. 11.25 box. Pates, ..... L. Raisins, 12.00 box. Grapes, _ pound bucket, 20c; Neugnrus. 22%c*. Dels ware, 25c. Malaga per keg. 86.00fgfi.00. pies. Virgin Is WHEAT AT OPENING A Immediately Lost Gain and Tended Downward Re mainder of Session. 8T. LOUIS CASH QUOTATIONS. Wheat—No. 2 red winter 9fi 097% Corn-No. 2 56% Oate-No. 2 44 Ap- ware, 25c. Malaga per keg. - Tes. Virginia. 85700; New York, 88.5006.00. VEGETABLE!*—Potatoes per bushel 81.10, ___ , It would have taken very little selling to have caused a break. The Chronicle's report for the week on weather conditions wns favorable. Picking progressing rapidly and the move ment of cotton to market hns been more HbereL although much behind ln«t year, owing to the holding policy of farmer* nnd planters. The price of cotton !• low when viewed from all polnta. SPINNERS’ TAKINGS AMERICAN COTTON Secretary Hester give* tbe takings of the eptnnerp of the world aa follows. In round ° This *week 806.000 this year, against 367,000 last year. 321,000 year before laat. ToU\ since September 1 this year 1.716,000. against L825.W0 last year, and 1,948,0$) tbe year before. Of this Northern spinners and Canada took 261,000 bale* this year, against 334,000 last year and 401.000 the year before; South ern apt nears 487.000, against 484,000 last year and 479,000 the year before g and foreign spin ners 9&.000, against 1.007,00 last year and L0SS.3CC year Ufore. Stocks at the seaboard nnd the twenty nine lending Southern Interior markets or October 31 were I./.12.9:|, against 1,367.268 the name date lent year, and 1,445,932 the year before. Including port nnd Interior town a left over from the previous senxnn and the number of hales of the current crop brought Into sight during tho two months, the sup ply hns been 3.037.640, against 3.633,241 Inst yesr und 3.758,041 tbe year before. Up to the dose of October, last year, 24 69-100 per cent of the cotton crop had been msrkcted. nnd for the antno two mouths in 1906 tbe percentage of the cron brought Into sight was 29 15-1(10, and for the snnio time la 1904, the, percentage was 27 73-100. WORLD’S VISIBLE SUPPLY STATEMENT statement ..slble supply of cotton for the week ending November 1, made up from special cable and telegraphic advices, corn pares the figures of this we , and 3,324,822 year liefore Inst, nnd of nil other kinds, In cluding Kgypo, Brazil, India, etc., 766,876, against 780,8*6 last week, 768,000 laet year and 725.000 year before Inst. n* vii*-1,, , biiww ■ ***» •• Inst week of 149.600. pared with ...... t before Inst of 687,64L Of the world's visible supply of cotton, as above, there Is now afloat and held In Great Britain nnd continental Europe 1,669,000, decrease com- tast year and 99.000 year before Inst; In India 312.000, against 344,000 last year uud 863,000 year liefore last; and In the United Btstes 1,023,000, against 1,322.000 last year and 1,513,000 year before last. Following Is the statement of the move ment of cotton Into sight for the week and sine# September 1, as compiled by Super Intendent King, of the New York cotton exchange: Weakly Movement. This Year. Port receipts ,.840,646 Overland to mills and Can ada 11.686 Southern mill takings (estl- matod) 46,000 Gain of stock at Interior towns 52,831 Brought Into sight 461,162 Total Crop Movamont. This Year. Laat Year. 480,794 84,111 57,000 81,320 633426 Overland to mills and Cao- ada 63,073 Southern mill taking* (esti mated). 388,000 Brought iuU> »!gut 1,906,998 3,650486 HAYWARD, VICK & CLARK, COTTON, STOCKS, BOND8, COFFEE, GRAIN AND PROVISION* Carondelet and Gravler Sts* Now Orleans. MEMBERS: Few Orleans Cotton Exchange, New Orleans Future Brokers* Association. New York Cotton Exchange, New Orleans and Chicago Boards of Trader Whstoo Cotton Exchange, Now York Coffee Exchange. Houston Cotton Exchange. Associate Member* Liverpool Cotton Aaa'n New York and Chicago Correspondents: S. BACHE & CO., AND BARTLETT, FRAZIER dl CARRINGTON, Pfi4VAT* WIRES TO ALL POINTS, BW'ect potatoes, 60(R90c. Onions. 81.25 bush.; Spanish, 81.50 crate; krnut % barrel. 83 76; Danish. IV. Celery, 60<ff90e a hunch; ner crate, 6 to 6% dozen, 84.75. Cauliflower, 10<® 12%e pound. Lettuce, 82.2502.60 per crate. Turnips, l%c pound Chicago, Nov. 2.—Wheat opened % higher this morning, but Immediately lost the gain. (Tables closed % to %d higher. Not much rnln wns recorded In the northwest. Indtnn shipments were estimated at 880,000 bushels, while Australians were moderate at 200,00. Wheat closed lower for the day. Corn wns off %«%<•; oats %fflc lower and provisions were 7%<|^22c lower. cane svrttp. 37c gallon; salt, 100 pounds, 60c; axle grease, 81.76; aoda crackera, •%<? pound; lemon, 8c; oyster, 7c; barrel candy, per pound. t%c; mixed, per 8 i*ounds, fi%c; torn* toes. 2 pounds. 8100 case; 8 pounds, 82.26} navy beans, 82.90; Lima beans, 7c; beat matchee per groe*. 8L65; macaroni. 4%G7c pound; sardines, mustard. 83.60 case. SUGAR Standard granulated 8.80; New York refined. 4.90; plantation, le, COFFEE—Roneted, Arbuckles, 816.00; bulk lo bags and barrels. 13e; green. 11013c. . Shredded biscuit. 88.00 case: No. 3. rolled osts, 83.25 esse; sack grlre, 96-pound bags, oysters, full weight. 82.25 case; pepper. 8o pound: baking powder, 85 case; red salmon, 85 case; nfnk salmon. 84.60 case: cocoa. 45c; chocolate. 43V; snuff, Mb Jars, 48c; roast lK-ef. 82.10 case: sirup (New Or leans). 35c gallon: corn, 30c gallon; potnsl 83.25fi3.80 case; pennnts. 8c; rope, 4-ply cot ton. 22%c: soap. $1.6004 case. CANDY—Stick, assorted 6%c pound; etlc|* assorted. <%c pound: fancy assorted, palle, 8%c: chocolate drona. palls, 12%c; Elk, av- sorted, ten boxes 85.60. FLOUR AND GRAIN. FLOUR—Highest patent, 88.60: best pat ent, 86.76; standard patent. 85.60: half pat ent. 85.28; spring wheat patent. 86.25. CORN—No. 2 white. 83c; choice white, 84c. Mixed, 83c. Crocked corn, 96-pound sack, R *CHTCKRN FRED-FIfty-pound sacks. It; Purina chick feed. 81.96. OATS—No. 3 white, 63c; No. 3 mixed. 63c; Golden oats. 65c; white clipped. fi7c. MRATi—Plain. 96-p«»und sacks, 85c; 48- pound sacks, 85c; plain, 24-iMtnnd sacks, 85c; *7lAY-Timothy, choice large bales, 81.30; do., choice small bales, $1.36; No. l, one* ** * bales. 81.20: No. 2, one-third bales, Bermuda. 90c SHORTS’—Choice white, 11.76; fancy, $1.75; CHICAGO GRAIN MARKET. Following are the Chicago grain and pro visions quotations for today, compared with yesterday’s close: t’revlons Open. High. Low. Close. Close. WHEAT Dec 96% May.... 104% July 98% LOltN Dec.... May July 59% 60% 60% 96% 104% 98% 94% FORK— Jnn... 14.40 14.45 May... 11.77% 14.80 V.ARD— , Nov Jan... 8.45 8.43 May... S.6> 8.60 It IBS— Jan... 7.65 7.67% May... 7.90 7.90 102* 58% 59% 59% 48% 5& 94% 102% 96% WEATHER REPORT. WEATHER CONDITION*. A storm of considerable energy Is now centra! over the Great Lakes, while Its trough reaches south Into central Georgia. As n result of this storm area rains have been general throughout the south aud over the country generally east fronii the Missis sippi. Rain was falling this mofrilng in the Inke region, the Ohio valley, portions of Tennessee, the Carolina*. Georgia and on the middle gulf const. Clear weather pre vails over the western half of the map ex cept In Texas. The area of high pressure over the eastern half of the map hns about disappeared, while the one In the north west hns moved east, decreasing In energy, nnd now covers n narrow strip of country from North Dakota to northern Texas. The advance of this high area hns caused colder weather from the Rockies to the Missis- slppi. The eastward drift of the lake storm, fol lowed by the northwestern high nrea. will cause fair weather In this section tonight and Sunday. Colder tonight, with n mini mum temperature about 46 degrees Sunday morning. Minimum and Maximum Temperatures and Rainfall. o.o * . podge £$ S3 ELfi ATLANTA. . . Abilene. . . . Amarillo Asheville. . . . Augusta. . . . Birmingham. . , Bismarck. . . . Boston Charleston. . . . Charlotte. . . , Chicago. . . . Cincinnati. . . , Corpus Christ!. City. . . Fort Smith. . Galveston. . . Huron. . . . Jacksonville. Jupiter. 49% 52% 48% . . .. .r Key West. „ 14.45 j Knoxville. . Fga-V* Lander. ... Macon Marquette Memphis Meridian Mobile Montgomery. . . . 8.62V m LIVERPOOL GRAIN. CHICAGO CAR LOTS. Today. (Tomorrow. THE LIVE STOCK MARKET. Chicago, Nor, 2.—Hogs—Re<*elpta Mnt&et strong and a shade higher; nixed 85.6006.30; * lEAlZ-Prim# Sv’ffi 85.7tHS6.25: mixed I5.60ii6.30; heavy 85.40© W OO; h”f, Sr <oo. JSjfiSF » I""* HWWS.70; yorker. Kij.no: No. 2 t»r ton, ,,iM PROVISIONS. PROVIRIONB—Supreme hams. 16c: lies. 20G25 pounds ayerage. 10%; fnt backs. 8.70. Supreme lard, 10%. Purity compound, |U. California hams, 10c. Ex-rlhs, 9%. SAGGING AND TIE8. t BAGGING—1% }b., 10%c; 2 Ih., 1114c; 2% 17% c : re-roljed (second hind). 7%c. TIE8—New 11.18% bunch, second-hand 81.06. FI3H, FISH—Bream. 7c pound; enanper, 10c pound; trout, 9<81te pound; blue fish. 8419c pound; pompano. 22%e pound; mackerel, 12% pound; mixed fleh, 6G7c pound; fresh watet trout, 10c pound; mullet per barrel, $3.1^ 10.00. MODERN MILLER CROP SUMMARY St. Louie. Nov. 2.—Recent rain* have a favorable effect on ground winter wheat. Where laek of moisture wee sabl to be Im pairing tbe conditions of the com Improre- ment is reported. Farmers and country shippers refuse to accept the low prices made for wheat In tbe markets, and pros pects are for a light movement from tbe Interior. Edward F. Buchanan. Lawla G. Young. A. 0. BROWN & CO., BANKERS and BROKERS. 30 Broad 8traet, New York. Membera New' York Stock Exchange New* York Cotton Exchange, Chicago Hoard of Trade, Cleveland Stock Ex change. 35 Branch Offices, Including Waldorf-Aatorla Hotel. New Plaza Ho tel. 11 West 35th St., Flatiron Bldg., Marie Antlonette Hotel. 2 East 44th 8L, NEW YORK. Atlantic City, N. J.. Chicago, Cincinna ti. Detroit. Toronto. Can.. Buffalo, Cleveland, Washington, D. C. Every' facility for prompt execution 10416. Cattle—Receipts 500. Market unchanged; beeves |3.6*>^7; cows 81.20fif6.9O: Texas steers 83.40fif4.26: western cattle 83R3.50; Stockers and feeders $2.4094.60. Sheep—Receipts 2,000. Market unchanged; natives 82.50ii6.25; western 82.5tHg5.20; year lings 85fif5.?o; lambs 84.85fiffi.85; western lambs 84.2ui?0.26. COTTON SEED OIL MARKET. New York cotton seed Nashville. New Orleans. . New York. . . . North (Matte. . , I'alestlne. . . . Fort land. Mo. . Portland, Ore. . Sf. Louis. . . . 8t. Paul. . . . . Havnnnnb. . . . Spokane Tampa Taylor Vicksburg. . . . Wilmington. . . Special to Tbe Georgian. (From Hayward, Vick & Clark.) New York. Nov. 2.-J. S. Baehe & Co.: Americans In London strong. Pennsylvania up 2%. Union Pacific 1%. 8t. Paul 1%. Cana dian Pacific 1%, Northern Pacific 1%. New York Central 1%. Heading If the exception, being % lower. Reading statement for September Is a good one. The road seems to thrive where others falter. There Is a slow but sure linpCoveniCnt In confidence, and bankers are discouraging any unnecessary speculation nt this time. The bank statement will he published as usual, hut Is not expected to have any effect mnrketwlge. A dull but steady mar ket looked for over election day. ' The liquidation" continues at a Surprising rate. Buying power seems as weak aa ever. Town Topics: The declaration of the reg ular dividend by the Pennsylvania railroad as a favorable Influence was more than counterbalanced by the official statement flint the road would be compelled to re trench to au exteut even greater thnn hith erto suggested. This Is ample wnrnlng against the purchase of stocks of those rail roads which It Is reasonable to believe will find It necessary to retrench also in the matter of dlvideiid payments. Unsatisfac tory as tbe general business situation Is. It Is entirely overshadowed by money mnrket -auditions, which of course are also In 11 arge measure responsible for the reaction which the mercantile and Industrial Inter ests of the country are suffering. The gold that Is now being engaged would luvolve tun I loss, as sterling rates ore so high-. ?re It not for the fact that nctunl money Is bringing n considerable premium, cer tainly not n very gratifying sltuntiou. Iu- deed monetary conditions are becoming very grave in the Interior, especially In. “ smaller towns where the banks do not 1 recourse to the system o clearing house tlflcatcs. Naturally, there wll be a constant dribble of llmildatlon pouring upon the market from nil quarters, and, In our opin ion, this Is bound to bring much lower prices. The bank statement outlook Is so mixed ss to make guesses concerning It of small value, but the best opinion seems to l>e that there will be considerable fulling off In cash holdings ns well as an Increase In the reserve deficit. We look for a lower mnrket today, nnd would not be surprised If next week would not bring about another sharp break In nnces, especially among such stocks as Pennsylvania, New York Central and 8t. Paul. Gn the strong snots we would sell cotton nnd would buy wheat ouly for turns when quite weak. The London early mnrket for Americans Is quiet but quite strong. MONEY AND EXCHANGE. New York. Nov. 2.—Money on call 3%<ff 4 per cent: time loans none. .JEjptal Sterling exchange*84.86® 4.8o50 with actual business In bankers' bills at 84.8675^4.87 for demand nnd 84.80<7K$060 for sixty-day hills. Prime mercantile paper unchanged 5%@ I/oadnn bar silver 27%d. New York boi* silver 69%c. Mexican dollars 47%c. MINING STOCKS. New York Refused To Pol- low the Lead of Foreign Market. PROFESSIONALS SOLD Bank Statement Made Very Bad Exhibit—Trade Was Dull. . Boston. Nor. 2.—Utah Mining 33%. North Butte 42. Butte Coalition 15%. Daly West 10%. Greene-Cananen 6%, Copper Range 53, Fruit 103%. Trinity 11%. Mnrket Irregular. J. J. BARNES-FAIN CO/S FRUIT AND PRODUCE LETTER. Atlanta, Nov. L—Trade hns been dull this week, as Is usual the Inst week In the month. Fruits of all varieties have been plentiful the present week with the excep tion of bananas nnd grapes, which have been scarce, not being enough to supply the demand. Grapes have ndvauced ns per quo tations of today. Ben Davis, Baldwin and York Imperlo! apples are the lending sellers, ns Virginia stock Is getting scarce and poor. These •arletles are ranging at 15.50 per barrel. There Is no change to sneak of In variety r price of .vegetables this week, although Florida Is shipping quite a few beans, squnshes. egg plantr — they age meeting wf‘ prices. but very slow sale at low _ price 1 quoted In cleaning up the stock on hand. AB live poultry has declined In price this week, ns the demand hns almost entirely fallen off. Dressed stock Is active nt prices qnoted. We look for a good business next week In nil commodities. We would advise light shipments of live poultry of all kinds, nnd liberal shipments of eggs * * ‘ * try. as we consider the both of these commodities. New York. Nov. 2.—The stock market penliig was quiet, very luactlve him! with out change of cousequenee. A few stocks were somewhat heiiv;# but a Y.-n/il tren<l was larking. All btielticss was m the direr- yl reducing the already fufiull open it did not fully reflect the London ndva equal lo 2 points. This advance 011 the In vestment buying of 11 few hundred share* Is stal’d ling, considering that ten years ago a majority of the stock was held back Toward noon there was some selling . f Canadian Pacific. Pennsylvania nnd United Suites Steel. The latter made the London advance In that stock look ns If It wns Manipulated from this side. In spite of the very unusual delay In the publication of the bank statement, prices milled moderate ly and closed steadily. New York, Nov. 2.—The stock mnrket opened quieter with irregular chnnges. Can adian Pacific started a (mint lower, Colo rado Fuel % and Steel preferred % lower. Pennsylvania opened % higher and gained In all %. New York Central opened % IJli*“ " “ *** “• Kugar and Atchison opened d Pa- . _ % higher. Kansas nnd Texan. Southern Pacific, Gen eral Electric and Reading and Great North ern preferred unchanged. Closing bids follow: Railway Stocks. Atchison Baltimore nnd Ohio so' 4 Louisville and Nashville 93L. Mexican Central 14% Missouri Pacific ] ,5.’ New York Central st.v. Pennsylvania i*s% Reading 74% Rock island is«. 8t.* Paul 100% Southern Pacific Union Pacific 10:* Wabash Great Northern .. ui% Miscellaneous. Amalgamated Copper 4*% American Cor and Foundry 2.7% American Locomotive 37 American Smelting nnd Refining 67% Brooklyn Rapid Transit Srt*, People’s Gas 73 United States Steel preferred 8.1% United States Steel 23% NEW YORK BANK STATEMENT. New York. Nor. 2.—The bank statement shows a deficit by tbs banks of 838,8.‘i8.s::,. against a surplus last year of 83,049.775. ami two yearn ago of 32,354,275. Itauk statement follows: (Reserve on this present form does not coll for -Uulted States deposits.) Reserve 00 all deposits, decrease 837,606,525. Loans, Increase <60,741.100. Specie, decrease <20,512,100. Legal tender, decrease 810.0S9.700, Atlanta Oil Markets. Tbs following quotations are baaed on ac tual transactions: Price crude oil, f. o. b. mills, November 17; December 27%; Janu ary 29. NAVAL STORES. 8peclal to The Georgian. Savannah. Gn.. Nor. 2.—Turpentine firm at 48c; aalea, 420: receipts, 946. Rosin firm; sales, 8.166; receipts 2.616; window glass. 8110; water-white, <5.90; M. 15.60: N. 8.15; K. HMf.80: I. 84.20; II. 84.00 r 06; G, $3.90*j3J6; F E, $3.85©3.90; DOB 8180. THE SUGAR MARKET. WEATHER FORECAST. Washington, Nor. 2.—Weather conditions and general forecast: Tho Western disturbance hns moved to Lako Huron with a decided Increase In strength. It has caused general nnd mostly heavy rains over all of the territory east of the Mississippi, except Florida and New Lngland. together with a marked rise in the temperature. A second disturbance over the eastern and northern plateau Is attended by heavy rain and high winds and has caused heavy gale* 7» the Washington const Friday afternoon. The lake region storm will pass down the t. lAwrence volley within tbe nexf 24 hours and cause stormy weather along the middle Atlantic and New *•'—•— There will he general 1 possibly Sunday morning. In the south Atlantic states there will be rain tonight and Sunday. Temperatures will fall slowly. Storm warnings have been placed at tbe Great Lakes except nt Duluth and along the Atlantic coast front Delaware to New York. Forecast till 3 a. nj. Sunday: and colder In the western portion; fresh . southerly. , wind*. slightly colder tonight; Sunday, fair: fresh westerly winds. Eastern Florida—Rain tonight aud proba bly Kunday: light to fresh southerly winds. western HorIda, Alabama ami Mlsslslppi —Fair and slightly colder tonight: Sunday fair; fresh northwesterly to westerly winds.} The following figure give tha opening rango and cIom In tba New York coffas market for today: Opening . . Kangs. Close. January ..5704.76 5.70-6.75 February .. 5.90 5.75-5.80 March 5.80-5.90 6.164.90 April 5.904.96 May 6.904.00 5.964.00 CREDIT MEN LEND HELPING HAND TO MERCHANTS. New York Commercial: It Is stated by credit men In the district that the unprece dented financial conditions of the past fort get the accommodation lu financial circles which their bank balances should •ntltle them to. This helping hand which tho commlNNlon merchants, mercantile bank ers nnd Jobbers have given their trade liaa prevented. It is said, several serious fall The volume of business the individual condition of milts so that Is hard to say where ji agent will declare emphnfl get 4%c for-28-Inch 64xC'«*, while another state* that he can not find a buyer nt 4%e. on 30-Inch 68x72s prices vary from 7%c to 7%c, nnd sale* are restricted. Heavy cot tons are not breaking for spot or nenr-nv delivery, ns all good* under order are need ed by the purchasers. On extended contract, however, buyers are holding back, expecting lower prices. Among wholesale clothiers It U stated that tbe business being booked for spring on their men's and Itoys lines Is up to their expectations. The low grade suits nnd overcoats are being taken more liber ally, a* retailers want to be prepared Print Cloths Sell Stronger. In some quarters of the market print cloths were reported yesterday as selling more freely than previously thin week. Home of tho low eouut narrow fabrics muds In Southern milts hare been put back 011 a level with Eustern goods. The call for regulars continues to come in from printers. Wide goods showed some activity yesterday on a basis of 6%c for standards. toward the close _ _ steady nud advanced. Even ou this' basis exporters could not do any business.”. Provision brokers of the early trading commission bouses have sold 2,000 or 3,00(7 May pork and scalpers have taken It. Other wise trade Is slow but firm, prices being bid for the rest of the list, ns pit traders are bullish In sympathy with grains. Deposits, Increase $28,014,960. Circulation, Increase $344,400, Total loans $1,148,462,600. Specie $5,173,918,900. Leal tenders $48,140,000. Deposits $1,061,786,900. Circulation $51,742,700. ^Percentage of reserve -21.80, Against 20 In tarings today $328,875,727, balances today $ll.o30,96S. Clearings for the week $1,669,364,873, bal ances for tbe week 376*406,931. GEORGIA RAILWAY AND ELECTRIC COMPANY. Boston, Nov. 2.—Following was the bid LONDON 8TOCK MARKET. Atchison do, preferred Baltimore nnd Ohio .. .. Chesapeake nnd Ohio .. .. Chicago and Great Western Canadian Pacific Denver and Rio Grande.. . do, preferred Erie do, first preferred do, second preferred .. .. do, Loolivl... Norfolk and Western .. Northern Pacific New York Central .. New Y’ork, Ontario aud Western.. Pennsylvania Philadelphia and Reading rst preferred.. . second preferred Southern Pacific . Paul Union Pacific .. .. United States Steel do, preferred.. .. ...;. 1 : * spu 12% l- ? 66% ■ ■ % 102 jbtf 110% IW |0' UNION SAVINGS BANK Could Building CAPITAL STOCK . . . SIOO.OOO.OO RESOURCES 1—ri S2SO.OOO.OQ 4 ,0 4% Atlanta National Bank ATLANTA, GA. C. E. CURRIER, Prc.ldent. H. T. INMAN, Vlce-Pre.ldent GEO. R. DONOVAN, Cashier. JAMES S. FLOYD, Ac.l.t.nt Cashier. Capital $500,000.00 Surplus and Undivided Profits $650,000.00 We Solicit Your Patronage. ■‘X orders on all exchanges. was steady. The London ket was steady with October unchanged lh*cember .. and November %d higher at 9s 4%d. 5»4J» 5.964.06 6.004.10 6.66415 6.104.15 5.554. SO 6.65-6.70 Sales 9.600 bags. 6.96400 6.004.05 6.064.10 6.104.15 6.154.2*) 5.6)4.65 6.704.75 THE AUDIT COMPANY OF NEW YORK The Oldest and Foremost Corporation Engaged in Accounting 1310 Candler Building. HARRY M. RICE Southern Manage!