Newspaper Page Text
I
THE ATLANTA GEORGIAN AND NEWS.
I'KDNESDAY, NOVEMBER 6. 1007.
IN m TRADING
Prices Advanced Sharply
On Covering and Some
Good Buying. •
WALL STREET SHORT
Advance Lost in Afternoon.
Closed 13 to 18 Points
Lower.
«.» York. Nor. <1.—At the qiwulug Id lb*
ro'tton niark*t 1Mb morulas the undertone
«rei nneettleo, hilt the list WB« ranch hetter
than hml been oipected on .tho ceblee. The
,lt bellered the Mronuth ot March, which
roie to 10.55. wee due to the ellorte of
iomc large well etreot ehorta to corer.
Karlv Liverpool advlcca were hot of. e na
Hire to create enthuelaem. Advances were
aliown. but they wero Inalsnlllcant. How
ever, ne the ecsalon progreaacd prlcee lei
proved and the clone 7%®10% polnte gain
was ahown on futures.
8p..t cotton wee miolinnxMl to M3 for
middling, wiles Increaalng to 10.000 baler.
In New York. Brat prlcee were annie .
nolnta lower. December opened nt 10.75 nnd
In Ore nilnntea sold up to 10.IM. At 1"
o’clock It had reacted to 10.81. Jnnuar
advanced from 10.3« nt the opening to 10.5.;,
Inat part of the advance and at 12 o’clock
>tna Veiling at 10.47. with tendency down-
On i
including - ... • —■—. —
America and the aiipelntment of a receiver
for the Arnold Print wnrki nt North
Adnma. Maaa., the market developed weak-
ahortly after tho noon hour nnd prices
■Icciliied sharply.
At the close prices were 1W18 point* net
lower with the tone etesdy.
semi-monthly Interior movement:
1901. 19011. 1005.
ItecalDts 07.188 HO,048 132.100
Shipment ROM 130,102 10J.5J3
blocks 287,638 200,113 385,27u
I'onipsratlro port receipts:
Satnrdty ..I
Monday
Tuesday
Wednesday 49,815
Total for four days 257,811 302.603
Total alnce Hoot. 1 2,163,852 2,851,23c
estimated receipts Thursday:
LOT? 1906
New Orleans 6.000 to *C,B00 16.441
Galveston 12,000 to 14.000 lfi.SOM
llotuton 11,000 to 12,000 13,744
NEWS AND GOSSIP
Of the Fleecy Staple.
1007.
68.430
66,832
1006.
W.flOO
71,467
SPOT COTTON MARKET.
Liverpool, easier: middling 6.03.
Atlanta, firm; middling 10 9-16.
New Orleans, steady; middling 10**.
New York, steady; middling 11c.
Savannah, steady; middling 10 0-16.
Augusta, steady; middling 1013-16.
Mobile, Arm; middling' 10%c.
Charleston, Arm: middling 10%.
Wilmington, steady; middling 10%.
Baltimore, nominal; middling 10%.
Boston, steady; middling lie.
Memphis, quiet: middling 10?ic.
I'hllndclphla, steady; middling 11.36.
Houston, Arm; middling 10%c.
Norfolk, steady; middling 10%.
Galveston, quiet; middling, 111-16.
TOO AY'S PORT RECEIPTS.
Special to The Georgian.
<From Hayward, Vick & Clark.)
New York, Nov. C.~J. 8. Bache A
Liverpool today opened, quiet at 2 points ad
vance over Mondny. At 12:15 p. m. the
market was steady 2%©3 points higher on
uear and *34 points higher on distant than
on Monday. Spot cotton, fnlr business do
ing at 6 points advance over Monday; mid
dling up 6.01; antes 10,000; American 9.000;
speculation and export 500; Imports 8.000
1 00O*KaV AmL ’ r * CHn - Tenders, new docket
Liverpool market shows signs of d
ping. There was little reapousc to onr ....
vauee of Monday. The driving In of shorts
from Mine to time will cause strength In
cotton, nnd we believe the Improvement In
the financial fdtaution will bring In a lot
of buying which will l»e seen in n sustained
advance of 'a half cent or more. Advise
purchase* on ail
things. Probably go higher before Price
and that Wall street crowd get In out of
the wet. Movement contluues light.
Htihbard. Carpenter, Baggett & Co. * and
.... ,
New Orleaps, Nov. 6.—Hnyward, Vick &
Clark: Higher stock market In London and
Now \ork. Flnunclnl situation looks sure
ly better nnd adjusting Itself. Cotton
should benefit more by It. Think people
thnt hold their cotton through this awful
uspfesslon will soon see reward coining,
iwnnsot), of Liverpool; estimates crop
—nk the short Interest large enough
to advance cotton still further, say 10.85,
where It shonld be In harmony with '
proved financial situation.
Expect a change In crop views In Liver
K ol and more orders for spot cottou from
ere. Europe bought rather willingly over
night Good spot demand here, bat sup
ply if poor.
panles by the strong financial Interests
creating a bullish feeling generally. The
highest (mints reached In the morning was
around li>.6& to 10.56 for Janunry. March and
May. A reaction followed on realising. Re
ports of the calling of original margins on
the pool broker* brought about the sales
of the active months. The announced fail
ure of a New Engloud print works acted mi
favorably on the market. We believe that
cotton prices will work gradually higher
under normal conditions, nut advise cau
tion In buying on the advances.
THE COFFEE MARKET.
The following
May
•tune
July
August
September .. ..
October .. .. ..
November .. ..
December .. ..
Closed steady.
Opening
Range.
5.55-6.60
6.65-6.65
.5.65-5.70
5.70-5.80
5.75-3.80
V. * ’. .5.85^5.90
6.85-5.90
6.00-5.95
5.05-6.0)
.. „ . .5.40-5.45
5.45-5.50
Sales 47,500.
Clot*.
5.50 5.55
5.55 5.60
5.G5-5.70
5.70*5.75
».7;>-a.80
6.80- 5.85
6.80- 6.00
5.90-5.96
6.96-6.00
5.86-6.40
5.40-5.45
COTTON SEED OIL MARKET.
The following table abowa receipts at the
1006.
New Orleans .
Galveston .. '.
Mobile .. ..
Sariiiineh .. .,
• 'harleaton ..
Wilmington ..
Norfolk
Boston .. ., ..
riill.’idelphla ..
15.823
12,822
3,445
19,151
25.786
. 3,800
14,767
1.326
2.581
4,740
54
..I <9,815 1 71.467
INTERIOR RECEIPT8.
November •• ••
December
•Tannery .. ..
March
May
'fer steady.
The following table shows receipts In the
Interior today, compared with the same day
last year.
Houston
Augusta ,
Memphis
7,901
1.965
ft, 364
4,«»
HAYWARD. VICK d CLARK’S
DAILY COTTON LETTER.
New Orleans, Nov. New York treated
Um crowd to auuthcr surprise this morn-
Inc. Due to open about 14 down, first
trade* were at unchanged figures, followed
hr a Jump of in points. There Is no ape
* Ini reason for thl* move. It Is on tho gen-
• ral line that big capital works on eondl
tlons supplied by the less gifted and pow
erful. There Is it large outside short in
'•rest In cotton, which provides nu attrac
tion for big nperatora to benefit by pressure
la the direction opposite to the calculation*
of the masse*. Cotton did net go down 3
'•ants a pound on Its own specific merits, bnt
suffered more severely than ever known
f !' r such n brief period of applies-
tbui by outside developments. Now
’n.-ir the financial situation In the leading
“ * , some n
was
sentimental satisfaction nnd could” be
•wught in ambush by a quick turn. Our
market opened about 6 points higher. Short*
pu sea red over the action of New York,
«u.t January Jumped to 10.67 during the
hrst ten minutes. This seemed to satisfy
jhe t t-mamls at the moment, and the trad
ing became quieter nmtind 10.50. At the
’’I" 1 'he rirat hour there was another
short scramble which carried the active
trading months to around 10.60. Hull press-
iirs by leading operators was applied from
**t° Um* v and the market responded
•iniekiv in every Instance, showing that
11. rt ^ohH»ltm#nt» are yet ample to con
tinue the squeegc. The stock market of
tjondon showed n satisfactory tone and
,£*»*■ New York rallied abarply. It
ooks like confidence returning after a drat-
mill lirr.Ml.rv vuilln. .ml IWAMV A
'f. n "‘> iiocrMarjr w-edlng 01
.. <-’ r “p nuthorltjr
wlm
, from
e* -itltnairg tho rron nt »,-
B"lng In lln* with Ihr rutl-
Mr- ,,u * to '> OD(t Mr. Kin*. It’«
l| [r probnhlr that crop vlrW» In Uvrr|iool
unilrr*., n chango from tho 13,-
no w mrront Ihorr. More iip.it or-
" v". »* Lhoro Blinilltl iiHin fololw.
II,. A nrl ‘- Sar - *--9- »• Bteho * Co.:
v.hM .‘m* “"fh'l '“oh <luUo n aliarp ml-
onTi?. 1 !? fi. morn,n * •“"l Iho hl*hr»t prloon
wore roronloU. Ur-
considerably under our closing
fh# fl.i. Th , ft funeral Improvement in
,dri«>I n v 2 ut, .°° k was the cause for fbo
< linn* odoubt manipulation l»y the bull
,^?* »»» responsible for the strength In
nri ll !n r JK!? J *huary. The arrival of |7,-
SJrfhL‘JESS e,MH| the situation all around,
"na the support accorded to the trust com-
ATLANTA MARKETS.
FRUIT AND PRODUCE.
EGGS—Active, 2Sc.
LIVE POULTRY—Hen* dull, 40 cent*;
chickens, fries. 22%G20c. Ducks, Pekin, 25c
each; puddle, 80c each. Turkey a active, I5e
P Dlfi?8SED POPLTRT—'Turk*™, <1r«wn.
•etlro. 20c pound; frloi active, 20O22Hc lb.-
... % f, ncji
•Ido, active, lie pound; butter, Uf/iic per
pound; boonwnx actlvo, 25.’ pound; hoar;
(brlacht) nctlro, 18c pound.
FRUITS AND NUTS—Citron, Mo pound.-
•Imonda, 18Uo pound; tlnixll, Kr pound;
K-llliarta. 13'4c pouud; Kiigllih wuluntu, 15c
lb. Pocuna. 14c_pound. I.rtmui pool, 17Vjc lb.
Orunce pool, 1754. III. I/imonn. funcr Meu-
uonu. ».75«4.0O; htntnua, 8tio lb.; Ilmru.
Florida ,10011, 75o 100. Prunutuln Mck* nvor-
nelnx 100 pound, oarh. ourine to (rude.
OHfiSc per pound. Florid, ornn,«». M.00;
rlrlwl Rpnlru, 12«13Hc; dried pruchou. lHic.
Flea. 91.25 box. Dutc, Mb. packaxr, THr. I.,
L. K,l,Inn. 12.00 box. limpet, Concord. 5-
pound bucket. 20c; Nlaxnra, 22'_Jo; Drln-
ware, 25c. Maljxa per krx. IS.<i0ti*.0A Ap-
pirn. Vlrxlnla. 35.00; Now York. T3.j0ftc.00.
VnOETAllI.EN—l-otatoru por bnabu) 11.10,
■wrrt potato.,, COtZSOr. Onion,, $1.28 bu,h.;
Hpanlnn, tl.» crate: krint U barrel 3373;
Danlab. l%c. Crlrrj. CMtOOc a bunch; p«
crate, « to 6*4 rloxrn, 34.75. Canllllowor. 100
lftic pound. Lettuce, |2.3«2.80 P«r crate.
Turnip,. l!.c |Hiund. Florida aquaab. 32.00
crate; Florida b«ana. 31.80 crate; Florida
cucumber,, 12.50 crate.
groceries.
niCE-Jap, SVi cent,; bead, 607c; fane,
brad. TCTHc. aceocdlnx to tba xrada.
CHEESE—ranef full cream, lie; Ouorata
ran. ajrrnp, r7cjrallon; aalt. 100 pound.. Re-,
axle arcane, 31.73: coda crackera, (Vie pound;
lemon, le: oyater, 7e; barrel cendr. per
id. flic; mlx<^.»9» I !>«««-
. uarwiftrA
that per xroee. ll.S: me
Edited by
Joseph B. Lively.
MARKETS
Mr. Lively'* twenty-flvo
years' experience of ed
iting markets In Atlanta
and the South has made
him a recognised au
thority In hla specialty.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
SAME OF STOCK.
Atnal. Copper. . . .
Am. Ice Kecnrltlea. .
Am. Sugar Refinery.
American Smelting.
Am. Locomtlve. . .
do. preferred. .
Am. Car Fouudrj.
American " *—
Anaconda
Atchison
do. preferred.
Atlantic C. Line. . . .
Brooklyn Rapid T. . *
Baltimore X Ohio. . •
Chesapeake A Ohio -
< «nnd Inn Pacific. . . •
« him go A Alton. . ..
Consolidated Gal. . . -
Central Leather. . . .
^ do. preferred. . . •
Colorado Fuel A I roil •
\Ofn Produce. ....
Colorado goathero. ..
Delaware A Hudson. .
Denver & Rio Grandf.
Distillers' Securities..
Erie
„ «Io. preferred. . . .
General Electric. • • •
Great Western
Great Northern pill. .
Illinois Central
Interhoro.
do. preferrad. . • .
Kansas A Texas. ...
NAME OP STOCK.
iavllle »V Nashville.
Mtssonrl Parifit. . . .
Mexican Central. . . ,
New York Central. . .
Northwestern
National Lead
Norfolk A Western. . ,
Northern Pacific. . . ,
Ontario A Western. . ,
Pennsylvania
Pressed dteel Car.
Reading. . ,
itock Island. . .
do. preferred- . . .
Republic Iron A Steel.
do. preferred. . . .
Southern Pacific. . . .
Southern Railway. . .
do. preferred. . , .
8L Paul
Trim. Coni A Iron. . .
Texas Pacific
Union Pacific
U. S. Rubber
do. preferred* . . .
U r>. Steel
do. preferred. . . .
Western Uulou
w 'rWrrH.-::;
Wisconsin Central. . .
do. preferred. • . .
VO. ........ 1.9 1.9*4
Car.,16% 18%
:::::::::: S& 1&
Total stock aales 464,^00 aEare*.
Kx.-<llvld»uds 1% per cent*
NEWYORK
Following Is the range In cotton futnyea In
New York today:
Nor.
I)ee.
Jan.
Feb.
Mt'b.
April
}l«y
June
July
.10.75 10.94
.; 10.349,10.55
,110.86
. 10J8
. ,10.44
’.lift*)
CTomiI lUmijr.
j II ll
I lO.XMrii 10.62-54
10.69 10.69-70' 10.ftL r -84
10.30 10.30-31'10.43-44
io.:»-3.»i 10.44-4-9
10.3010.30- 31 10.44-46
10.85 10.30-31 10.46
10.29.10.30- 2110.46-47
..... 10,30-32 10.4M7
10.33jlQ.iy)-31]10.4M-4!)
LIVERPOOL.
Following figures give the opening range,
3 p. m. aud close, compared with yesterday:
Futures opened steady.
Opening Frevloni
Range. 2 p. m. Close. Close.
Novctnlw»r... , r 5.78 , / i-5.77% 5.77 5.83 5.75%
Nov.-Dee.... 5.68%A.69 .5.69 6.76 3.67%
Dee.Jan 5.68 -5.68% 5.68 5.75 5.66
Jan.-Feb 5.67 -5.f,7% 5.68 6.74
Feb.-March., 5.66%5.67% 5.67% 5.74
Mnreh-Aprll., 5.66 -5.67 6.67% 5.74
Aprll-Mny... 5.67H-5.66 .... 6.74
Mar June.... 5.66 -79.1,7 5.67% 6.74
June-July... 5.66%-&.G6 6.67% 5.74
July-August.. 5.63%-5.64% 5.64%
Clvsetl steady.
NOTES ON GRAIN
Pointers on Provisions.
The Chicago Record-Hera Id: Bargain
uuters among American Investor* ami spec
ulntors are not likely soon to select wheat
for n prominent place on their list, at least
until there Is a radical change In , the
present financial situation.
The foreign view is materially different,
until there 1* radical change In European
prices. .
Carrying charges have widened percepti
bly lu the last week, and the general posi
tion of wheat Is hardly a* good as It was n
short time since. The chief change for the
worse llos in the foreign disinclination to
ay as freely a* heretofore ou the breaks.
At tho present moment the wheat trade
has become 11 matter of barter between
owner* ut large centers and tho foreign
buyers. Tho producer baa been for the
moment eliminated from the situation by
the shutting off of the ordinary financial
fnellltlei for doing business, and the farmer
has not yet boon offered the possible alter
natives or made known his disposition to-
vard them when offered.
Available supplies ut principal points of
iccumulntiou nro likely to show material
lUcmases. Much wheat has already beer. .
sold wbtfb 1* en route to the seaboard or tenoga
to go out later,-and It is reasonable In as
sume thnt there will be n steady drain of
WHEAT UNSETTLED
AT T|_
Prices Started Irregular
With the Tendency Aft
erward Downward.
TIPS FLASHED
From Wnll Street.
Special to The Georgian. *
(From Hnyward, Vick fc Clatk.)
New York. Nov. fl.-J. H. Bneha Je Co.
Americana strong In London, Rending 1%
higher; Union Pacific 1%, Mtecl common %
and preferred % higher. Amalgamated Cop
per off % and Canadian Pacific %—about
only exception In active stocks; balance of
York city had nsseta of Trust Company of
America and Lincoln Trust Company exam
ined by experts and report thnt on the
present bnsfs of values unset* are sufficient
t® pay all depositors In full. The arrival
of gold will give the much needed help,
nud by next week a large portion of en
gagement* will he nvnllnble. Miort cover
ing was in progress at elose of market on
Monday ana wTH continue today. Market
will continue to Improve.
Town Tonics: The character of the bank
ing support which the market Is enjoying la
such ns - to render the short side Hanger-
on* at the moment. Though then* was
much short covering Mondny, there Is atliI
n rather over extended ahoit Intel eat In a
number of Issuea, oml In the.se sharp nil-
ket now, as there Is stUI a large amount
of liquidation overhanging the situation.
For a time we expert the market to he
dulte professional, and traders will, lu nil
llkellbo«Ml. find It profitable to buy the
good railway stocks on the soft spots for
turns of n couple of points or so. Wo
would confine such operations to Issues ttko
the llarrlmntis and Hills. Reading. Atchi
son, Baltimore and laiulsrllle. Particular
reasons for liellevlng that other rails like
Petisylvania. New York Central. 8t. Paul.
Canadian Pacific nnd Missouri Pacific wilt
sell much lower before they enjoy any ral
ly of Importance.
Among the Industrials, Smelters at the
f »rlc« I ft about the best for tnrns on the
ong side, though every effort will be made
to make the Steel stocks appear strung
expect support will again lie extended
.M the market today, nnd there will like
ly be a continuance of the rally begun Moo-
day. In baying traders should Ihj very
careful not to go In on the bulges.
Atchison Is % lower nt 75%, aud Balti
more and Ohio also % lower nt 85% In
the early London trading lu Americans.
THE LONDON STOCK MARKET.
8T. LOUIS CASH QUOTATIONS.
Chicago. Nov. 6.—Wheat wa* as unset
tled as at the close yesterday. Todny's
opening ranged l-8c higher to %c lower.
Trie principal feature was thb dro(
Tin* low area tlmt wn* centered over Min-
..eaotn yesterday morning has moved east,
eatmliig ruin In the Ohio valley, jiortlons or
Tennessee, northern Alabama. North Caro-
and In the northeast. Rain was fall-
this morning at Pittsburg, New York,
Oswego and Ronton. The low area Is now
centered over Maryland. The northwestern
high area has moved to the southwest and
now covers Texas. Its advance has caused
general falls In tem|9ernttirc between the
Rockies nml the Mississippi. At most sta
tions east of the Mississippi the tempera
ture has risen since yesterday morning.
Cloudy weather prevail* In the middle and
north Atlantic states, the Ohio vnllo and
the lake region. Over tho remainder of
the country clear weather prevalla.
Thu eastward drift of tne southwestern
high area will cause fnlr W'eather In thl*
section tonight nml Thursday; colder to
night and, warmer Thursday.
Anficonila
Amalgamated Copper .
do, preferred ..
Baltimore nud Ohio .
Chesapeake nnd Ohio
■”‘ sa«9 nnd Great Western..
1 oltn Pacific
Denver nnd IUo Grande .. ..
do, preferred
Erie
do. first preferred
do. second preferred ....
Illinois Central
Kansu* and Texas
do, preferred
Lonltfvillo uu«l Nashville ., ..
Norfolk and Western
Northern Pacific
New York Central
New York, Ontario nnd West.
IVunsyl vanla
Philadelphia and Heading ..
do, first preferred
do, second preferred ....
Rock Island
Southern Railway
do, preferred
Southern Pacific
St. Panl
Union Pacific
United States Steel ..
do, preferred
Wabash
do, preferred
JOpj
AFTER HOLIDAY
More Advances Than De
clines Were Shown at
the Opening.
LOSSES WERE SMALL
Indications of Support Were
Noted in Some of Lead
ing Issues.
9$
•M
MU _
lMVlIl'i
2(\| 21%
M\ 85
MONEY AND EXCHANGE.
... .»• York, Nnr. Vonc
tlmi' loxiuf, nothlnx dulnx.
i pound..
( pound.
boon,. 7c;
_ ; mxcxront,
pound: MnllH. mn.tnril. 13.60 cxw.
SUGAR—Stnndxnl xmonUted 1.39;
Turk refined. 4.90: pl«nt«t|-,n. Sc.
COFFEE—Roxitctf, ArbncklM. 319.00; bslk
•o hajn »n<! P.rreli, crats. U0l2c.
RhreArtfd M.nnlt, 18,(10 cm; No. 2. r...,.. .
oita, 33.23 cm«: rack xrlra, 99-pooBd bon.
r: o.xtera, Dill rrelxhr. 9128 cpra: pepper.
18c pound: h.klnx powder. IS r»»e; red
minion, » raw: pink Mlmon. 14.10 e»»:
coco*. 45c; chocolate, «Hc; xnnff, l ; lh Jura.
<8c: roa.t beef. 1240 ca.c: .Irtin 'New
fexnai. 8Sc ration: corn, 80c ration: noi
93.25198.80 caie: prannta, 8c: rope, 4-plj
•op. 29Uc; aoap. 31.5004 care.
CANDY-Stlck. naaorted «4c pound; at c,
iaaortc.1. 5*tc ponnil: fane, araorted. nxll*
4Uc; Chocolate drona. oalli. J3Hc: Elk. ar
•erletl, ten hoxea 15.60.
FLOUR AND GRAfN.
PI.OUR—Itlxheat patent. 30.81: heat pat
ent. 98.75: atamlard patent. 35.80: half put
-nt. ’98.28: aprtn* wheat patent. 38.28.
CORN—No. 2 white. 83c: choice white. Me.
Mixed, 93c. Cracked corn. 98-pound Back.
^CHICKEN FEr.n-FIftT-pound aacka. It:
Purina chick feed. 91.98.
OATS—No. 2 white. «3c: No. 3 mixed, 53c;
Golden oata. 55c: white clipped, 87c.
MEAt^-PInln. 9fpound aacka. 8 .
nonnd aacka. $5c; plain. 2( ponnd aacka, 83c:
TlAV—Timothy, choice larxe halea. 31.30:
do., choice email halea, 11.28: No. I. one-
»htrd halea. 9TI.-0: No. 2. one-third halea,
31.10. Itermnda. 90e ,
SliORTfs-Cholce white, 31.75: fancy. 31.78;
hrewn |75 to 100 noondt), 31.80: brand, $1.50.
" cSirroN .SEED MEAtj-Pr^m. par Jon
(28 00; No 2 per ton. 124.00; hall* por ton,
51260.
PROVISIONS.
PBGVT8IONS—Rupreme homa. 15e: hjl
Ilea. 20*25 pontlda artraf*, MVLj fat^backa.
8.20. Supreme lard. 1084. P"-"” -*
914. Californio luma. 10c.
■IPkopo forward. Thl. will speedily dem]
ouetrate tho real whent poelilon xe regards
the world’e aupply end demand, tf Enro-
ponn dletrlbntora have oyerbouxht their
markete will apeedlly weaken end their
pnrcheaee tn America will drop to n mlnl-i
ninni. If, on the other hand, aud aa a ma
jority lu the wheat trade bellere. the aupply
abroad neceaaltatea constant nurebaaea In
tbla or other ekportlux conntnea, Amerlea
will be the flrat to feel the F.uropean ile-
iiinnd. aa Hyundai uecenltlea will continue
to keep caali wheat raluea attractlre na
Compared to thoae prevalent 111 conntrlca In
whU’h there la now no financial dlaturb-
nl The temper of the foreign buyer will ho
larxcly determlnod by the crup ontlnok tn
Arxontlnu. where harvest bodna In a small
way the latter part of the month, but will
not 1m on In force until late next month.!
AH hunch the Argentina wheat can not tie
arnllntflo abroad much before March, Ita
ahadow will he felt In the aalca for forward
delirary, which will enable Euro|ienn con
COUNTRY STILL SHOWS
ENORMOUS PROSPERITY.
HAYWARD, ViCK & CLARK,
COTTON, STOCKS, BONDS, COFFEE, GRAIN AND PROVISIONS
CarondeUt and Gravicr 8t*^ New Orlean*.
MEMBERS*
Sl 1 **" 1 ' Cotton Exchange. New Orleans Future B™9era- Araoetatloa,
G.re.I"? cotton Exchange, New Orleana and Chicago Boards of Trade,
niLr tea - Co,,0 » Exchange. New York Coffee Exchaura.
“ratoh Cotton Exchange. Associate Sfemhera Liverpool Cotton Aa* a
New York and Chicago Corrrapondenta:
SACHE * CO., AND BARTLETT, FRAZIER A CARHIN0TON,
BfUVATE WIRES TO ALL POINTS.
LDiniKUi 4 59 x iicai itiwiillilj cnwuiai, wan*
Interestingly of the financial outlook for
NofMiber. They say;
••If ever a market Imtl Uiacouutrtl all
the had new* that enuhl reasonably de
velop. the tremendous declines of tbla panic
would Indicate that moat of the high-grade
laatic* arc now telling at bargain level. We
expect a«m# very definite recovery fnlluwlng
the gold arrival*, bnt there will be no
boom movement or reanmptlon of furious
competitive baying. It muat be remember
ed. hnwerer, that Europe I* now a buyer of
our securities, and that, with the restora
tion »f confidence, which Is the chief prob
lem before the American people today, thla
foreign mipport will become more of n fac
tor.
•The country la allll enormoualy pros-
perou*: Kurope la eager-to take nt high
price* whatever grain end cotton we have
to spare; onr foreign lndebtedneaa hat been
greatly reduced, so that It atands today at
probably half the ntuonnt that waa stand
ing aguInRt ua a year ago; ten months of
almost continuous liquidation on the stock
mnrket has forced down security prices to
a level ranging from 60 to 100 nolnts below
great properties underlying these sccori-
tic*, nnd while earning* may fall off some
what. the decreases will not be sufficient
In most canes to threateu the dividend* now
paid. Even If dividends should be cut.
however, 25 per cent. It atands to reason
that the tremendous decline In security
prices, which average from 60 to 100 per
cent, has more than offset possible falling
off in earning*. European Investors are
Ix’glnulng to take advantage of this situa
tion, and since they rank among the shrewd
est buyers In the world. It Is reasonable to
expect a broadening of the Investment in
quiry on this *lde, which will become ul
timately the most poteut factor In restor
ing confidence and normal conditions."
I Iirv |9| 1118.819111 li niuir no* llir 5ili9|i UJ « ■ a 1 liut* 119.111*, IIOIUIIIK UIIII1K.
to id In Liverpool. This I* believed to Im* Minimum and Maximum Temocrature* **oafH rate*: sterling exchange 14.8140
due to lower Argentine and Manitoba of- j Rainfall ^ * 4.87, with actual huslties* In banker*’ bill*
« — - - * * • “* " ** ' “ * and |4.78«4.7f
and more favorable Argentine
weather. Berlin wa* %c hlghei
pest %c lower than yesterday.
Corn and oata opened lower with wlicat
on favornble weatuer and.lfss<>nlng of ex
port demand.
Wheat was off 2%<ft2%o, corn declined 1%
&2%c, oat* %01%c nnd provision* were
V75c off.
CHICAGO GRAIN MARKET.
for
prday'i
Open.
WHEAT—
Dec.... 94*;
May 103%
July.... 9S
COBN-
Dec.... r99*i
May.... 60*4
July 60%
OATH-
- me 49%
May.... 62%
w uly.... 477*
POBK-
Jan... 13.35
May... 14.20
.Van...” 8,*ir% 7.92%
M Kb8- 8,2 ^* 8,2T ®
06%
103?*
!W
92%
101%
96%
92%
191%
96%
A
59?i
60%
60%
m
59%
53%
•>%
5»%
*ai%
60%
49%
52%
48%
46%
48%
2%
1
48%
13.S3
nS)
8.15
S.J2*
8.32M
7^% 7’57^
CHICAGO CAR LOT8.
The receipt* of grain In car Iota today and
estimated receipts for tomorrow ar* as fol
lows:
THE LIVE STOCK MARKET
Albert O. Brown. Edward F. Buchanan.
G. Lee Stout. Lewi* G. Youug.
A. 0. BROWN & CO..
BANKERS and BROKERS.
30 Broad Street, New York.
Members New York Stoek Kxchanxe,
New York CotlWl Exchange, Chicago
Hoard ut Trad#, Cfovnwnu Stock lix-
change.
15 Branch Offices, including
Waldorf-Astoria Hotel, New Plaxa Ho
tel. U West 26th St., Flatiron Bldg.,
Marie Antlonette Hotel. 2 East 44th St,
* NEW YORK.
Atlantic City, N. J.. Chicago, Cincinna
ti, lletruftt, Toronto, Can., Buffalo,
Cleveland, Washington, D. C. ^
Every facility for prompt execution
uf orders on all exihanges.
. attic—Receipt* 51,000. Market steady to
strong; l*ecv«*s 03.50427: eows IL26^/-t.9);
calves IS.SO^owO; Texas steer* 03.4O4f4.15;
western cattle i,!^6.40; sticker* and feeders
02.4O4H-SO.
Sheen—Receipt* 25,000. Market steady: na-
tive* 92.SOftS.2a; western* 52.&Xr5.25; year-
'Imr lambs f4t|6.80; weatern m
LIVERPOOL GRAIN.
lower. Closed %t»H lower.
MINING STOCKS.
Atlanta
Abilene ..
Amarillo .. ..
A*bevilla .,
Auguata
Blrmlnghnni ..
Hlamarck ....
ltoMton
Buffalo
UluirlcHtim .. .
Charlotte ,, .. ,
Chicago
Cfiicluiifltf .. ..
Corpti* Christ I .
Diivtoqiort .. ..
Dodge
El Paso
Fort Smith .. .,
Havre
Galveston .. ..
Huron ..
JnckH4tnville .. .
Jupiter .. .. ..
Kiiiimii* City ..
Key West ..
Knoxville
l.o* Angeles .. .
Meridian
Mobile
Modeli*
Montgomery .. ..
Nnshvllb*
New Orleans .. .. .
New York
Norfolk ..
North Plfittn .. ..
Omaha
Onwego
1'iileMtlne .. *
Pittsburg
Per tin ml, Maine .. .
Port ml. Oreg
St. I.oiil*
St. Paul
Sail Ffsnclseo
SiMUIIIMll
Spokane
Turn ft*
Taylor
Thomnsvllle
Vlrkrthiirg
W.-ihlilngtou ,
Wilmington
Wlniieiuiicca
Yollowatone
: 4o
nt 04.85ff4.855o for dcumn
for slxty-dny bills.
Prime uiercautUo paper nomlual 7%O10 per
cent.
Iiondon bar silver 20d.
silver 65%c.
Mexbau dollar* 47%c.
New York bar
THE SUGAR MARKET.
New York, Nov. 6.—The local refined nnd
sugar markets are atendv nnd uuchauged.
I^mdon beet sugar market steady and un
changed with November and December
quoted at 9* 3%d nml 9* 4%«l respectively.
UNION
SAVINGS BANK
Could Building
CAPITAL STOCK . . , •100.000.00
RESOUROES
• 260,000.00
4%
confidence In the *t«H-k market today. It I*
now believed thnt the trust companies
which nro *u*tiilulng runs will be able to
pay every dollar nnd that nothing will be
lost to the depositora. This la -stopping
forced liquidation of atoeks.
The opening of the st«>ek market war *“
of from l , _ ,
the lending Dane*. Union Pacific sold at
112%. n gain of 2% polnta. Reading sold at
78%. n gain of 2% (Mdnts. while Great
Northern wdd at 113%. n gnln of 1% |xdm.«.
The copper Htoeka showed only fractional
gnfn*. At the end of the first hour of trad-
lad lit.
Grain wn* off slightly while Cotton was
nucha aged to 7 point* lower. The curb
market reflected the better tone on the In
side mnrket nml price* were slightly higher.
C. W. Morse'* steamship stock, however,
continued to decline nnd mude new low
records. The stock mild nt 31 while tho
bonds touched the low level of *041. The
Gohlflebl Dane* showed Improvement.
After tnlddny the mnrket waa mnoh nar
rower nud a little Inclined to sell off. al
though the volume of trading wa* scarcely
heavy enough to give nittr-li meaning to re-
M-tlonary movement*. Trader* were rath-
•r more bourhdi tUan they had Im-cii at fits
•|H>iilng, arguing thnt dullness on the rally
was not n good sign.
IhnirtCA with ^Y>l*blllgton connections hav*
»x*en buyer* of stocks In good quantities.
They considered that the result* «>f the
elM'tloii*. nml espeelnlly In Cleveland ami
New Jersey, will do n great deni to modify
tie* policy 4ff the administration.
('losing bids follow:
Railway Stock,.
Atchison .. .. .... ,, .. ,
«lo, preferred
Baltimore and Ohio
t ‘ti tin I lln II Pnelfle,. .. .
Chicago and Northwestern .. .
Colorado Southern ;. .
Denver and Wo Grande .. .. .
Erie
lillnoi* Central
Louisville and Nashville ..
Mnuluittnu I,
Mexican Central
Missouri Pnclfi«* ..
Now York Central ..
Pennsylvania
Reading
Rock Island .. ..
do. preferred ,.
Ht. Paul .. .. ..
Hmit hern Pacific .. .
Hunt hern Hallway ..
Wabash
Wl*con*lu Central ..
Interl^oro-Metrofodlfau
do. tireferretl .. ..
Great Northern .. ..
.... 7r.%
.. .. w
v.
.. -.iSt
B• B.1«H
2-2 2*
f. g
•• Uf5*
Miscollaneous.
AmerTr |
Amcrban locomotive
Auicrb-nu Tobacco j
American Cotton-Oil ...
American Smelting nud Refining .. .
do. pfd
rooklyn Rapid Transit .
Colorado Fuel and Iron
international Paper ..
National Biscuit .. -
National !*ad .. .. *.
Pacific Mall
People* tins
Prc«M)d Mteel Car
l’ulliunn
SiOM
Hugar
Tennessee Coal nnd Iron
United Staten HteeJ .. ..
do. pfd
Western Union
Maekny Companies
* pfd.
Is-C
rfilUPHL.,
Not<>—These figure* are furnlahe«l by 1^
Johnson A Co., member* of the New York
Block Exrhmauge.
-r* Gii-ri 5. nr ., , ■
inn Pataca car .J.. £ .. .... .. 129
Sheffield Htoal .,V.. , t .^73
WEATHER FORECAST.
Washington. Nov. 6.—Weather condition*
ud general forecast:*
er
IMMMtflHHRipi
State* lias rewired Itself Into*a well defined
depression.‘central this morning ovar Vlr
glulo. ulrti a pr4>nounced high Area over
the Conndlnu maritime provinces. This
4>4»mh1nntfon ha* csusetl general rains In
the Atlantic states, tho lake region and tha
New York. Boston. Chicago. Washington. Phlladtlphl*
Baltimore. Atlanta. New Or/eane. San Francisco• London.
Th? American Audit Company,
100 Broadway. New York City.
F. W. LAFRENTZ, C. F A.. Prtw. Q. E. MANWARING, Vie, Prtfc
THEO COCHEU. JR., Secretary.
The American Audit Company, chartered under the laws ot Now York,
fi empowered to examine the affair, of, and make report, upon the Una*.
dal' condition of private and public concerni for director*, offlccra and la.
dlviduals. The preparation and Installing of eyitemx a specially.
ATLANTA BRANCH. 1016-1016-1017-1018 FcCRTH NATO. BANK BLDO.
C. B. BIDWELL, Resident Manager.
Telephone, Main 872. Cable Address, Amdit, New York.
Copper Itanra 58. Trinity 11%,
Rlltt. 44, Unit.’ CoaliM.'li 1584. Huii-IIIuk pf'l-
38, I’tnh 33%, KhBiinon n. Calumot-Arlxona
NAVAL 8TORE8.
xannxh. Nov. 8.-Tiirponlliir nrm it
48: rain 129; riHM-ipt* 77*:.
Rosin firm; wtlcs 2,4Vi; receipts 2,761; win
dow glass 06.10; water white 06; N 05.60;
M 04.S>: K 04.60; I 04: H 03.60; U F E 03.50
$3.60; D C R A 03.4.V f i3.*».
What is better on a frosty
evening than a good fire and
a box of chocolates and bon
bons—a 40c box of Wiley's
best candy free with each
30-cent want ad. in Satur
day’s Georgian.
Ohio
lu
It I* warmer in the Atlantic states and
the extreme we*t generally, and somewhat
cooler In flic central valley*. Rain will
iMutlnm- tonight in the mbblh* stales nnd
New England, but cinenlu-rc in the east
ami south the weather will Ik» generally
fnlr tonight ami Thurttlsv. Cooler loulghl.
Forecast until S p. tu. Thursday:
(jfMirglu. North Carolina ami South Caro
lina-Fnlr and c4M»w»r tonight; Thursday
fair: fraah west to northwest winds.
Virginia—Partly cloudy tonight; cooler In
northern ami eastern portions; Thursday
fair: fresh west to northwest winds.
Eastern Florida—Fair tonight; cooler In
imrthcrii and central portions: Thursday
fair: light to fresh northwest ty north
winds.
Western Florida. Alabama and Mississip
pi-Fair tonight and Thursday; light north
erly wind*.
Kentucky and Tennessee—Fair tonight and
Thursday.
lamlsiuna—Fair tonight nud Thursday;
light ti* fresh northerly winds on the coast.
F.dstcrn Texas—Fair tonight; warmer In
north west portion; Thumday fair and warm-
light variable wiuda on the roast.
• •♦tern Texas—Fair and warmer toulgbt;
Thursday fair mtd warmer lu southern por
tion.
Oklahoma and Indian Territory—Fair and
narmor tonight and Thursday.
Arkansas—Fair toulgbt and Thursday,
FUANK IIAWKINS, President
f i. M. ATKINSON. Vice-President THOMAS C. ERWIN. Cashlsr.
08BPI1 A. II CORD, Vice-President U. W. BYERS, Assistant Cnsblst
Third National Bank
Capital - - - - $200,000.00
Surplus and Profits $400,000.00
Director,:
un.-ro N W DA C « 0N - FRANK HAWKINS.
JOHN W. GRANT. H. M. ATKINSON.
II. Y. M’CORD. JOSEPH A. M CORD.
2. H. NT7NNALLT.
J. CARROLL PAYN&
E. B. ROSSER.
DAVID WOODWARD.
SPRINGS & CO.
ON, STOCKS, ORA UN AND PROVISION!
10 Cotton Exchange, New York,
New York Cotton Exchange,
New Orleans Cotton Exchange, . ...
Liverpool Cotton Association, Chicago Hoard of Trade.
B. C. COTHRAN. New Orleans Representative
MEMBERS:
New York Coffee Exchange,
New York Produce Exchange,
THE AUDIT COMPANY OF NEW YORK
Ui Oldest and Foretell Cerpcralion Engaged in Accounting
Bell Bhone 3309 Main. 1310 Candler Building.
HARRY M. RICE Southern Managsr.