Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, November 06, 1907, Image 13

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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.