Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, November 15, 1907, Image 13

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THE ATLANTA GEORGIAN AND NEWS. l-'RIDAY. XOVEJIHBI 13 futures easier FRIDAY^ MORNING Disappointing Liver pool Advices Early Depress ing Influence. trading very dull At Noon Prices Showed Sharp Declines—Sup port Was Lacking. \>w York, Nov. 15.—Th© feature of the trading thl, morning was an aetlre demand f..r January by a Wall atreet houae. !,eara fought the advance, and al minute,' bualneaa eucceeded In c any further advnnc.- While low tempera- Iiirea atlll prevailed In the Southern atatea. the woret of the cold wave aeomed to have pasaed. ■ Liverpool waa dlsappolntlog Friday morn- lua. the opening prfcea for both apot and future, being more than waa due on the New York cToalug Thuraday night. Sale, were on a emallcr ecale at 8,000. The New York market opened 4 to 1 point, below the prevlou, olneo In re,ponae „ the unexpected weakneaa In Llr.rpool, gained 2 or 3 polnta. and then turned town ward' The renewed we,kne,e end a crop animate by a prominent New York Arm contributed to the later weakneaa. At midday Deeemher ahowetl a decline of IS polnta from Thuraday'a cloae. whlla Jan- I.arv and March were 11 and 13 polnta lower at ».9fi aud 10.06 reapectlvely. At the eloae. November waa unchanged, the remainder of the Hat ahotvlng decline, .if from 14016 polnta. Movement Into eight: 1907. t norland, week .. 32,350 Since Sept 1 124,342 In eight, week .... 448,626 . Since Debt. 1. 3,661,115 4,574,371 4,418,116 Sou. eousump 37,000 69,000 58,000 Weekly Interior movement: Receipts 202,068 3,'1,080 871,935 Shipment, 188,877 257,456 228,517 Stock, 407,029 484,037 584,085 NEWS AND GOSSIP Of the Fleecy Staple. 1905. 39,6ol 166.X70 fia.Tif) 1907. 1906. Saturday 53,237 61,923 70.157 66,204 49.617 68,019 68,857 71.260 82.963 60,974 61,345 , 59.832 TucHday Wcdneaday Thuraday Friday ..7 Total for w©ek Total *Inc« Sept. 1..... 349.157 2,624.301 406.231 3.423.106 EstlmatM receipts Saturday: 1907. N>w Orleana 8,000 to 10,000 «in lTMton 15,000 to 17,000 Houston 10,000 to 11,000 8POT COTTON MARKF.T. Liverpool. caster; middling 5.87. Atlanta, quiet; middling 10%. Now Orleana, quint; middling 10%. Now York, steady; middling 10.70. Savannah, steady; middling 10 5-16. Augusts, steady; middling 10%. Mobile, dull; middling 10 fl-16. < hnrleston. steady; middling 10%. Wilmington, ••than/; middling 105-18. Maltlmore, nominal: middling 10%. Hoaton. steady; middling 10.70. Memphis, quiet; middling 101M6. Philadelphia, steady; middling lie. Houston, quiet; middling 101316. Norfolk, steady: middling 10 9-16. Galveston, steady; middling 1015-16. St. Louis, steady; middling 1013-16. Special to The Georgian, • lav ( from Hayward, Vick ft Clark.) New York. Nov. 15.-J. 8. Bacbe ft Co.: Liverpool cables due %®1 point higher. >Pf«t.d Irregular %<g3% points lower. At m., quiet, 2 polnta lower on near and -!8 T % lower on lato months. Spot eot- ton quieter nt 5 points lower; middling «>.87; sales 8,000; American 6.700; speculation aud export 500; Imports 8,500, nil Ameri can. The Liverpool market sells lower this morning. Curtailment of production among cotton goods manufacturer* appears to be the rule. Actlou by the Noutbern mills !u convention and Individual action iu New England toward limiting production occur red yesterday. This meaus but one thing, another downward swing in cotton prices ami a final letting go by farmers and plant ers who have not gold their cotton yet. From a scalping market as heretofore we think prices will now show declines below M. r ,ower levels on the declines recently, rim question now arises. Can the bull clique bold up the price of December agnlnst suck odds? Xorden estimates cron at 12,370.000. This Hum last year they estimated the crop 11, 250,000. Market easier on hammering by locals, led by Mitchell and Hbearson, and selling from New Orleans The market I* dragging under moderat nail street selling and liquidation l»y r ceut scattered buyers. Don’t think It oa l»e held without some good strong support. following are 11 a. m. blda: December 10.43; January 10.04; March 10.11; May 10.20. New Orleans. Nov. 15.—Hayward, Vick ft Clark: The market opens 6tu7 lower. Bear operators buying at the decline. Weakness In Liverpool thought to be due to decline in London stocks. Bills continue* to bid and to bnjr. Market steady. Looks like doing better, but an un favorable visible statement la expected for this evening. Small spinners* taking. Liverpool cables: "We do not think there Is any probability of labor troubles In Lancashire at present. Trade short. South strong. We favor buying In Liverpool.” CONFIDENCE RETURNING IN SECONDARY MARKETS. Edited by Joseph B. Lively. MARKETS Hr. Livoly’a twenty-five years’ experience of ed iting markets In Atlanta and the South hat made bim a recognized au thority In hit specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAME OS’ 6TQC1L -! AmaL Copper. 45** Am. Ice Securities j llji Am. Sugar Refinery I 101V Amertcau Smelting. . . . • •, 62 Am. Locomtlve. . I 37 do. preferred secondary markets and the salei made Wednesday were stronger tbHn those of any day since the opening of the new month. Several of the buyers representing large cutter* In the West took the price quoted oil sheetings and drills and place orders for delivery running n* far ahead ns April and May. The Jobbing trade has also felt 1 change for it was stated in the large house* Wednesday that the store trade mid orders received by mall were of fair size and showed that tho retailers in widely scattered points were confident of the out look for spring. The most injurious ef fects that could be brought about have fol lowed from the exaggerated statements of cancellations that hare been circulated In the district. Many buyers who would not have their orders reduced. Mills have surplus stock in the primary markets. of them will eventually have to take tho goods they originally ordered nt a premium. Carpet buyers who are In the market in seen all of the leading lines and to the present time they have done little more than pick out samples. Even on the sta ples they hnv« not placed bulk orders and gray goods, menta are nelng held down to tho closest margin. Iu the feeling that TODAY'S PORT RECEIPTS* - men’s wear trade there Is _ It would be Injudicious to open lines of 1908 heavyweights with the elothlerf and cloth Jobbers In an unreceptlve mood: This will probably cause the deferring of tho new season’s opening In medium grade goods un til after January 1. ATLANTA MARKETS. FRUIT AND~PRODUCE. EGGS—Dull, 25o. LIVE POULTRY rhlekeni. trie,, —"Aw-**:. mku, I’.ain, ««: each; paddle, iOc each. Turkey, settee, 15c The following table <how« receipt, at th, tort, today, compared with tho gamo day laat year: BD POULTRY—Turkey,, drawn, i pound; frits active. M033HC lb.: pound; duck,, drawn, fancy, lit INTERIOR RECEIPTS. The following table ahowa receipt. In tb. Interior today, compared with tho aarne day HAYWARD, VICK & CLARK’S DAILY COTTON LETTER. *>w Orleana, Nov. 15.—IJrerpool threw , OU| water on the ardor on our side to go ;" r the bears.' Futures In the English market were about lower than due; spot •rice* G lower. There were no cables eiV n ng tho weakness, which we think Is ‘v 1 * to hedge-selling against large apot pur- •bases over here yesterday, and the decline London stock market. First trades here S’* warning war© on a parity with the ?*2* r,n A of ■••▼•rpootn 607 down, but like .w-, r '.y* prominent o|ierutora bought on ; decline. Selling by smaller trader* atop- L?n nnd P 1 * market steadied. Evidently In til . * the view prevails that early r op ?* nt * * n the December fight In New Jork will be toward advance. However, Professional opinion we hear from ' ork <t * t< ** explicitly that the stead- ** present anil probable recovery In •na!o n " f^lualvely due to this December n,m pn L* t,on * Curtailment of production by abroad and at home la spoken of as With tbeHuInds possessed " nrh tfoomy views about the fnturc, i.ui. pri ‘. Ben F Inactivity of the market ex- Lii’i* Everybody la waiting to p*»nnee down on It as noon as cotton Is lie- h/l- h *ve made It* last dangerous f’ c ": Probably owing to Its being too elose ynd of the week, neither aide Inter* ‘r* «n Decembers made an aggressive IJUJ*’, *nfi prices sagged on dullness. Jan- i«7» ft IUn k, *• Inn* a a 10,17. Hpot market fl Unchanged. Demand ,! *“Ithongh some buyers are hesltat- y account of lower futures. From Tex- that the Farmers’ Union has ih, ! ^ nrrangemeDt to consign rotron i H •nd has ordered that such cotton h, f h * r prices. r'** 1 ork, Nov. 15.-J, S. Bacbe A Go.: rnlti ni,rk ®l* ruled thf* morulng. Liver* n^.'-urtallment on the part of spin- * r* *n this morning’s bulletins had an ad- _. ES8ED active, 30c pc _ bens. He pouud pound. PRODUCE—Lard. 12c pound: hams aettva, lie pound: ahouldcra active. 10011c pound; aides active, lie |>ound; butter, 18024c per pound; beeswax active. 25c pound; honej b FPlu}TB Ct A T ND 1 ^U^S^citnMi, 50c youml: almond., 1844c pound; Brnall, 14c iiounil; Filberts 1314c pound; Enallah walnnta. 18c lb. l’ccanp. 124c lb. Lemon peel. 1714c lb. Orange prcl, 17V4c lb. Union., fancy M.«• »>nn. 33.73fi4.0O; banana., 3V4c lb.: lime., Florida .took, 60c 100. Peanut. In wick. aver, agin* 100 pound, each, owing to grad,, 64408c Iier ;>mmd. Florid* orange, 33.50; dried gpplea, 1201344c; dried peaches 1444c. FI*., tl.S box. Dgtes, 1-lb, pneka*,. 744c. L. L. Ral.lna, 33.00 box. Grapex.jToncord. b- pounrl bucket, 20c; Niagara, ware, 23c. Malaga per keg. j . plea Virginia, pi.00: New York, J5.M06.OO. VEGETABLE*—Potato*, per bti.hfl 31.00, iwcet pot.toci, 80090c. Onion., 31.10 buxb.; Hp.nl.b7 31.50 crate; kraut 44 barrel. 33.76; Ii.nl.h, 144;.. t’elcry, ^SfROOc^.. bunch : — Am. Car Foundry. m American Cotton OIL 23 Anaconda.' Atchison. do. D refer red. > . . Atlantic C. Line. . . . Brooklyn Rapid T. . ., Baltimore X Ohio. . . Chorepeake It Ohio ■ Canadian Paclllc. . . ■ Chicago * Alton. . . • Con.oHd.ted Oav. . . ■ Central Leather. . . • do. preferret;. . . • Colorado Fuel & Iro*. Corn Prodnc* Colorado Southern. . . I'clawaro It llmlaon. . Denver i Jtlo Grand,. Dl.tlllera* SecorlUe,. . Erl# _ do. preferred. . . . General Electric. . * . Grent Wctera Great Nortb-rn pfd. . Illinois Central Interboro do. Total .took aalea today. 693,000 .bare.. NAME OF STOCK. Kansas X ivxas pfd. . i.outsvlllit U Nashville Missouri Faclfie. . . Mexico u Central. • . . New York Central. . , Northwestern. National Lead. . . Norfolk Ac Western Northern Pacific. . . Ontario & Western. . Pennsylvania Pacific Mall People’s Gas Co. Rock Island do. preferred. . . Republic lion ft Stoef do. preferred. * . do. preferred, . St. Paul Tenn. Coal ft Iron. Texas Pacific. . , . Union Pacific. . . . U.-S. Rubber. . . . do. preferred. , U. b’. Steel do. preferred. , Western Union. . , Wabash. . . . . . . do. preferred TIPS FLASHED From Wall Street. Special to The Georgian. (From Ilnywani, Vick ft Clark.) New York. Nov. 15.-J. K Bacbe ft Co.: Loudon prices for Americans weak, %01 per cent below parity. New York Central and Illinois Central are the only exceptloua, both showing advances. General London market also weak and consols 5-l8d lower at 81%. There seems to be doubt about securing gold in Paris for export to America. Liquidation continued yesterday on pretty heavy scale. St. Paul nnd Pennsylvania were conspicuous during the better part of the session, and the weakness In these standard stocks soon extended to the whole Rat. Currency demand reported ns falling off. aud this was regarded ns one of the hopeful signs. Curtailment in all branches of trade still going on, various plants clos ing on account of money stringency. The nnirket may experience further pres sure today, Imt no serious break la looked for. NEW YORK. S’ov.. . Dec.. . Jan.. . Feb.. . March. April. . May. . June. . Jut, al f- Closed I i 10.26110.44 10.47 10.32 10.07 9.82 10.0010.0) 10.15110.01 io.24!ib!io IIII .70rio.20-4s|i(no3i 10.3710.35-34 — 9.96 9.95-96 10.00* 10.00-01 10.05(10.05-06 1.... 10.08-10 10.22-24 10.12|10.12-13 10.18-14 10.14110.18-14 10.60-51 10.11-12 10.14-16 U».27-2H 10.27-r* i«* LIVERPOOL. Following figures give the opening range, 2 n. m. and close, compared with yesterday: Futures opened steady. Opening Range. 2 p. m November... 5.61 -5.61% 5.62 Nov.-Dec.... 5.55% 5.55 Dec.-Jan..,. 5.55 5.55 Ian.-Feb.... 5.55 -5.55% 5.56 Feb.-March.. 5.66 March-April. 5.65 -5.56 Anrll-May.. May-Jnne.... 6.67 June-July July-Aug.... 5.56% Previous Cloae. Close. 5.62 5.63% 5.55 5.57% 5.56 5.55% 5.58 5.56% 6.56 6.58% Closed very steady. 5.67% 5.60% 5.59 NEW ORLEANS. Following la tho rang* in eotton futaraa In New Orlean* todny: I d u £ i li 1 il Deo.’.* 10.35 Jim 10.26 IVb March. . .110.28 April. . . May. . . .10.3$ June. . . .! July, . . .|10,24 10.35 10.27 10.29 10.36 ibisi io!is 10.14 10.14 io! jo i<L2S io!zi 10.15 io.is iaij io.2R 10.30 lift. 49 10.19- 21 10.39-40 10.14- 15 10.31-32 10.14- 16110.32-84 10.14- 15 10.34-35 10.14- 161 ir/3f»37 10.19- 2110.40-11 10.21-23 10.41-43 10.23-25 10.46-48 Closed barely stead y. NOTES ON GRAIN Pointers on Provisions. crate. 6 to*«4 'tloiien.' M’W.'.CaullBower. 1244c poanfl. Lettoce. 32.2602.60 per crate. Turnip,. 144c pound. Florida «lua,b. 32.00 crate; Florida beana. 11.50 crate: Morlda cucumber., 13.60 crate. QROCERiEG. BICE-Jap, 544 rent.: bead. «07c: fancy bead. 70744c, according to the gradA OHEEHE—Fancy fnircream. 1844c; Georgia eane gyrup. 38c_gallon; aglt. 100 pound., 60c; axle greage, 31.75: aoda cracker*, <V4c pound; lemon, 3c; oy,t«r. 7c: barrel randy, per K and. 144c; mixed. per3 imundi. Cy: tnma. ... 2 pound.. 32 00 raw; 8 pound., 32.73; navy bean., 32.30; Lima bean.. 7c; beat match., per gro.,. 31.*: macaroni. 44407c pound; aardlnea. mtutard 83.60 can*. BI’OAR-Rtnnilaril granulated 36.15: New York refined, ,447 plantation. «4j. ■ COFFEE—Rotated, Arhuckle,. 31A00; bulk in bag, and barrel,, lie; green. 11013c. 1 nags ano narr*n, w, * u v.“ «*'” •• . Shrsddsd biscuit. H.Ofi case: No. 2 rolled its, ».» case; fiack grltf. N-poohd bags, l; oysters, Dill weight. *i# case; pepper baking 'powder. B case;’ red lalmon. $5 case; plnk aalmon. M.M ease: •ocos. 45c; cboootnti*. 48%c: 1-lh l*rs. 4Sc; roast beef. I2.S6 rase: ulren (New Or- •eons' We gsllon: eorn. 3Ac gallon: pots*! 13.2508.86 ease; i>eannU 6%r: rope, 4-ply eotton. 22%e: soap. B.u004 00 case. CANDY-htlck. sssorted 6%e pound; st r* assorted. tKc pound: fancy assorted, palls, *iac: chocolate drona. nails, 12%c; Elk. at- •orteil. ten boxea $5.10. FLOUR AND GRAIN. FLOUR—Highest patent. f*»: best pat- »nt. 15.75; standard patent. $3.50; half pat- •nt. $5.25: sprint wheat patent. $6.25 TORN—No. 2 white. 83c: choice white. 84c. Mixed, 82c. Cracked corn, J00-i*oun4 tack, 51 rWCKF.N FEED—Fifty-pound sacks, ft; Porin'* eblek feed. $1.85. OATS—No. 2 white. 62e; No. 2 mixed, 66c; Golden oats. 65c; white ellpped. 67<\ MEAL—Plain, 96-pound sacks, 88c; 48- Special to Th© Georgian. From Hayward. Vlek A Clark.) Chicago, Nov. 15.—Bartlett. Frasier ft Car rington: We believe we are K'dnR to see much higher prices before th© crop year ends, and would advise buying wheat ou every soft spot. We believe we are going to run Into extreme scarcity of coarse grains, especially corn. Tho Chicago Evening Post: E. W. Den nis received the following telegram from J. H. Barnes, of Ames Brooks Company, Duluth: "Wheat working In very bullish position again. Shipments Northwest fall ing off rapidly. Great Northern laid off tlve switching crews In Duluth. Foreign markets eager again for all kinds of wheat, nnd espeelaly eager now for No. 2 red. Offerings of spring wheat at Duluth and Winnipeg are entirely Inadequate for the demand. Monetary stringency Is being severely felt by even the larger of th© concerns In the grain business. T. E. Wells ft Co. an nounced their Intention of reducing thw business for the tlnio being In those de partments of It where large amounts of money aro required, such a* In thulr grain receiving and securities branches. Mr. Wells Wednesday said he Intended giving up his business Iu stocks, aud was contemplating closing or dlspoidiig of bla South ( hlcngo gralu elevator. "It Is merely taking In sail n preenutIon during the financial storm are encountering, waa In effect Mr. Weils’ explanation. Broomhall’M special Russian news service: It Is rainy In the Southwest, which Is favorable for seeding. Arrivals are very light and prices are %very high. In th© Southwest light rains have been confirmed. In the center nnd East crop conditions are arled, but much apprehension Is felt. The creage tinder rye Is short, owing to the drought and frost.” A Minneapolis operator says: ”Jt Is use less worrying about money to pay for stuff that farmers won't sell. What Is left Iu the country farmers are amply able to carry until wanted at satisfactory prices.” C. A. King ft Co., of Toledo, Olilo, wired: "Kentucky November report makes wheat area sown 91 per cant or seeded area last fall: rye, 97; corn yield 94 per cent of a year ago." Official dlscmslon In Russia regarding the MARKET FOB WHEAT WHS VM NERVOUS Opened Fraction Lower, Rallied and Declined About a Cent. 8T. LOUIS CASH QUOTATIONS. Wheat—No. : Gorn—No. 2 , oats—No. 2 9N 58 are that the weather Is colder and rainy. THE COFFEE MARKET. The following figures gives tb© opening range and e!os« In the New York coffee market t«xl*y: (’hiesgo, Nov. 15.—The wheat market pest citblPs' werb higher, l#ut other continen tal markets came lower. Rrnombnll reports unfavorable Argentine weather. Wheat closed about 1 l-2c lower, corn declined 5-8iff)3-4c, outs were down 3-8e and hog: product© also yielded. WEATHER REPORT. WSATHER CONDITIONS. With'the exception of a few stations on the extremo northern border nt the map, clear weather prevails over the entire coun try today, nnd there has been practically no preclpltntlon In the last 24 hours. The pres- tiowhere below normal. The center of low est pressure Is iu southern California. An area of high pressure Is centered over New England, with It* crest extending southwest Into Louisiana. A second high area is cen tral In North Dnkotn. The present outlook favors fair weather In this section tonight nnd Sktfirdsy, with a tendency to warmer. CHICAGO GRAIN MARKET. Following are the Chicago graltr and pro visions quotations for today, compartd with yesterday's close: WHEAT- llee 85% May.... 168% July.... 97% 95% sg 56% WH iot% 96%‘ May 56 July 55% OATS— Doe 46*4 47% 46»< May 49% 50% 49«, July 43% 45% 45 I'OKK- Jmii... 12.87% 12.87% 12.75 May... 18.30 13.3U IS.W 94% % 8k LARD— N«r •Ian... 8.05 Mj^.3.,.,4 Jati... 6.95 May... 7.15 LIVERPOOL GRAIN MARKE1. January February March April May June July August Heptember .. .. October November .. .. December .. .. Closed steady. Range. 5.55-5.65 . .. ..5.60-5.70 6.75-6.M) 5.75-5.85 5.85-3.90 5.90-6.95 5.96-6.00 .. . .5.96-6.05 6.O0«fcO6 6.05-6.15 5.4:>*5.55 5.55-5.65 Hales 20,509 bags. 6.655.70 u. 75-5.8" 5.80-5.85 5.99-5.96 6.90-6.96 5.95-0.06 tUibO.1, 5.59- 6.00 5.60- 5.65 | Today. fTomorrow. . . 17 1 17 . . 90 IIS . - J-'i) 1«2 Hog©, head. . . .| 19,090 17-W/i IIAY—Timothy, rhole© large hale*. $1.23; Jo., choice small bales, 81.16; No. 1, one- third bales. 81.18; No. 2, one-third bales, $1.06. Bermuda. 85c. -g_choice SHORTS i white, $1.75; fancy, $1.75; verse effect. Prices declined over 10 points and then In-came very dull. The financial outlook nnd the December bull situation still absorb the minds of operator*. “ ports received from Southern points I cate difficulty of makllng hank collectl — This means business inmost suspended In many parts of the South. Parmer* nnd planter* still hoffl on to their cotton, but we think. In the face of spinning curtail ment. this can not last long. It seems to us Inevitable that cotton must decline fur ther. Heretofore, wo have had a swinging movement within n more or res* narrow ra dius, but we believe prices will finally tie dine beyond the recent low lord* In the very near future. HAYWARD, VICK & CLARK, COTTON, STOCKS, BONDS, COFFEE, GRAIN AND PROVISIONS Carond.lat and Qrsvler St,.. New Orl«*n», MEMBERS: ff*w Orleans Cotton Exchange. New Orleana Future Broker*' York Cotton Bxcbsnf,* N'.w Orlraui ind Chlr.go Board, of Tnd4 Cotton Kxch.nc, Now York Coffra ExcBsng., • ■oaoton Cotton Exchange. A«*odat# Member* Liverpool Cotton Aao'a N.w York sad Chicago Corrrapond.au: A «. BAG HE & CO., AND BARTLETT, FRAZIER 4 CARRINBCON, PRIVATE WIRES TO ALL POINTS. _ par tom I2S.00; No. 2 per ton, 124.01); hull, per ton, 112.00. PROVISIONS. PROVISIONB—Premium ham,. ISc: M. Ilea, 20.125 pound, nverage. 10c: fat backa, COO. Silver Leaf lard, 1044; Jewell com- oonnd, S>|. California luma, >V4. Ex-rlbo, GAGGING ANO TIES. BAGGING—l* lb.. 1004c; 2 >h„ ll«c; 2U lb.. 12t*c:.re rolM uecond hand). 7Me. TIEJi— Sen, $1.17% bunch; second-hand, * 1 '*' • HARDWARE. WELL BITCKETR—34.30 dog.a. ROPE—Manila, I4)4c: S...I, u C ; cott.n. 96c; Ferguson, CHICAGO CAR LOTS. The receipts of grain In car lots today and estimated receipts for tomorrow art aa fol lows: THE LIVE 8T0CK MARKET. 4'hlfAgo, Nov. 15,—Hogs—Receipt* 17,600 Market 5010c lower; light $4.WJ05..15; mixed and heavy $4.8905.49; rough $4-*>04.95; p(g« $4.2005.19; yorker* »5.1903.:w. cMrtlc—dtoeelpts 2,090. Market strong to a shade higher; beeves $3.2506.30; cows $1.19 06.3"; rows $1.1604.79; calves $5.2^07.26: Tex as steers x3.1503.99; westcru cattle $3.15<ta 3.90; stockers and feeder* $2.25fH.40. Sheep—Receipt© 6.nu0. Market strong to shade higher; natives $2<tf5.15: western $2 yearlmga I4.6&05.4O; lamb* $406^0 vstern 4\ IRE-Bsrb. JHc pound. l»T.ow STOCKK-Hannnn, cat Sico ‘^HOfjB-IIor... 34.2384.73 keg; mul, .bora '’•ft'BA-PalntwI. 13.30: radar. 13.00. 0.60: Dupont end Rivard amok.ln., half kegs fll.Xs; H 1*1 b. canister*, $1, ‘ ss 25 per can-, iroisdorf amokelea* Zorn- pOWpER-Hid; half kegs, $17$; % kfga» THE SUGAR MARKET. New York, Nov. 15.—Domestic refineil and local raw sugar market steady and un changed. London lH*et sugar market quiet with November off %d st 9s 4%d nnd De remiicr imchaugeil at 9s to 5%d. NAVAL 8TORK8. Abilene. .... Amarillo. ... Asheville. '. . . ATLANTA. . . . , Augusta. . . . Birmingham. . . Bismarck. . . Boston Buffalo Charleston. . . . Charlotte. . . . Chicago Cincinnati. . . , Corpus Christ I. Davenport. . . . Dodge El I 7 aso Fort Kmltli, . . . Galveston. . . . Havre Huron Jacksonville. . . Jupiter Kansas city. , . Key West. . . . Knoxville. . . . Macon Memphis Meridian Miles City. . . . Mobile Montgomery. . . Nashville New Orleans. . . New York. . . Norfolk North I'latte. . . < HuaUn Palestine Pittsburg. . . . Portland, Me. . Port laud, Ore. . St. Lmls. . . . St. Paul Han Francisco. . Mu vs n nali Hpokane Tampa Taylor Thomnsvtlle. . . . Vicksburg. . . . Washington. . . . Wilmington, ; , T. IndJcntej trnco of rain or anowT" Market strengthened n little on big gain of $4,009,(Ktt by the banks from sub-treasury yesterday, bringing the losses ou week down to $1,678,000 and giving hopes of a fa vorable turn for the bank statement to morrow. Think that on© of the most encouraging development* is the declining demand anil premium for currency. If this continues and the premium die* out entirely things will right themuelvcM quickly. London, Nov. 16, 3:39 p. ui.—Americans Ir regular. Pari* and Berlin bourses weak. Standard Oil Company of New Jersey to day declared $19 a share for tin* quarter, snme amount that was declared at this time last year. Big Four declared regular quarterly divi dend of 1% per cent on preferred. T. L. Mansoi) sold 5,0w> Union Pacific. Wolff Bros, now selling Southern Pacific. Towu Topics: The appearance of new ontinued ,, of labor In meeting their pay roll has « u »ed much embarrassment, and bus In deed led. to a greater number of discharge* than would have been necessitated by the general unfavorable business condition*. In fact, the business and banking worlds arc now uioNt concerned iu the preservation of what credit there is left and th© adoption of excc4Mlingly conservative policies will be enforced. There has been much manipula tion at times to help facilitate the neces sary liquidation, but It 1* doubtful whether this can bo expected to continue much longer, especially aa there are such matter* overhanging the market a* the New York (entral note !**ue and reduced dividends for this stock as well a* for the Copper and .Smelting Issues. The spectacle of snch favorite popular Investments a© 8f. Paul and Mteel preferred selling at new low levels will naturally drive away much of the little outside buy ing demand that was appearing, while It Is believed the market is honeycombed with stop loss orders which the bears will at tempt to dislodge. Feeble rallies are to be looked for, hut In the main we believe that lower prices ©’111 be recorded today and much reduced levels during the next week, especially In Union Pacific, New York Cen tral, Pennsylvania, 8t. Paul. RenUlug nnd the Steel, Copper and Smeltliig Issues. Stock market unaettlement will militate ngainst the commodity markets, and we would still sell both wheat and cotton ou ‘II the bulges. The London market for Americana la dull STOCKS CONTINUE • TO BE LIQUIDATE Resulted in New Low Rec- ords For Many Issues Early Friday. MORE GOLD ENGAGED Berlin and London Sold Americans in London, Causing Declines. LONDON STOCK MARKET. J. B. MAKBUBY, Hectlon Director. WEATHER FORECAST. AtHilson.. .. <l". preferred Baltimore and Ohio .. .. Chesapeake and Ohio Cunndlnn Pacific Denver and Rio Grand© .. do, preferred Erie do, first preferred .. .. do. second preferred .. Illinois Central Kansas and Texas .. do. preferred Louisville and Nashville ’.. Mexican Central Norfolk and Western .. .. Northern Pacific New York Central Pennsylvania Philadelphia anil Reading do, first preferred .. .. do, second preferred .. Rock Island Southern Railway do, preferred Southern Pacific St. Paul Union Pacific United States Steel .. .. do, preferred Wabash do. preferred ..1110 .. I 23 ..I 80% 'mjciJ 18$ 33 is?? BY T. C. SHOTWELL. New York. Nov. 15.—Liquidation In tbl stock market continued today, with tho re mit that during the first hoar of trading uew low records were made by 8t. Paul, United States Steel preferred and New York Central, while otner gilt-edged securi ties declined from 1 to 2 points. St. Paul’s new low bottom waa made at 97. while A’tecl preferred touched the low level of 8%. New York Central broke to 94. Announce- ment that the New York Central wotild dw some financing in the near future caused that stock to decline 2% points. Further engagements of gold for Import were auonunecd. which brings the total of tho movement up to $65,101,819. Berlin and Loudon sold American stocks In London on the report that about $5,70V 000 additional gold was to be shipped to New York very shortly. *AU American shares there, with the exception of New York Central, showed declines averaging 1 point. Wheat was fractionally lower, as waa cst- ton. The curb market was very weak,' Gold field shares declining sharply. The financial situation continued to pre sent the same contradiction this morning that It 1ms for some days past, outside the stock exchange 'conditions seem to be on th© mend. The coming gold sufficed to offset the week's previous loss at the sub- treaaurr. The local currency premium drop ped off so sharply that It almost reached tho vanishing fsoint. Money rates, despit© tho fact that loans made today carry ovci* the end of the week, were quoted below tho recent average. Inside the stock mar* ket. however, liquidation went ou perils-* teiitiy enrying prices down without any Interruption nml causing exciting weakness. Tills selling was explained, as In the cas© of yesterday, an dno to the exigencies of tho financial conditions at outside points. In tho cas© of New York Central, the an* nouucement tlint frlan* were being conaldJ erod for a new security Issue was undoubt edly responsible for the special wcaknesg In this stock. In the case of Bmelters ana Sugar, In which the declines were ilsR particularly severe, tho explanation com monly given waa the selling out of loans. But, taking the list as a whole, the pres sure to sell was continuous, and what ever attempts there were at support were designed rather to moderate tb© downward movement than to check It. Closing bids follow: Railway Stocks. Atchison Baltimore and Ohio... .... (’anadlnn Pacific Denver and Rio Grande.. . Rile... .. 69 1-2 .. 78 l-'J ..140 .. IT 1-8 .. 15 7-8 .. 921-4 ..107 .. 13 3-4 62 1-2 Special to The Georgian. Kavauuih, Nov. Jo.—Turpentine firm at 42%e: sales, 60; receipts. 5 ( 4. Rosin firm; sales, 3..H02; receipts. 2,906; window glass, f$.60: water-wh|te, $6." *' $5.80; M, $6.10; K, $4.75: 1. w.w; 11. sa.3UTf 3.35: G, $3.2503.40; F, $3.3008.40; K D C B A, naivtx. COTTON SEED OIL MARKET. 33.304; 4*r. 1-Ih ra“t. *L BHOVELH—3* IP 311 CARDB--C«tt«B, 14.71. uuien. PLOW BLADEB-Bc ptr pound. IRON—TH# t*r pouud baw; Birm,. i»c ,W BUCKF'.T*- ,, • 1, > , ; 31.73 doxao; wblta ra dar, tbrra hoop*. 44.23. chAINS-Trara. 442,4 down. GUN POWDER—I'.r ktf, Austin .rad shot. $4.60. , SHOT—$2-10 aaek.^ , Flffll—Bream. 7c pound: snapper, 9e per pound; trout. 9010c pound; blue fish. 60$c pound; pmnpano, 22%j? pound; mackerel. 12% pound; mixed Bah, «0ffc pound; fresh water trout, U’c pound; mullet per barrel, $9,600 *50. November. December. 34 ' January. . j 34 March. May. . . M' Jr. . ------ r loosed steady, flab**, 400 barrels. ATLANTA OIL MARKETS. 2f?22%; ifcvember 23*Hf2l; Washington, Nov. 15.—Weather conditions and general forecast: There have Iwen light local snows In New England, the lake region and North Dakota, and scattered showers In the North Pacific states; elsewhere the weather was fair. neratures have fallen In New Euglaud no middle Atlantic states, but nave „ illy risen elsewhere. Freezing tem perature© continued, however. In the flonth- ••rn state©. - The weather will lie fair tonight and 8*t- iirdn.v in the east and south, with slowly rising tempera tore. Forecast until 8 p. ni. Msturdsy: Georgla—Fair tonight: warmer except In Iclnity of Atlanta; Hnturday, fair and Saturday fair and warmer In central and Interior eastern portion; light east to eouth- east winds on the const. North Carolina—Fair ami wanner tonight and Saturday; froet tonight In the Interior; light northeasterly winds. Mouth Carotins—Fair tonight; warmer In interior, with light frost; rtaturday fair and wsruier: light northeasterly winds. Eastern Florida—Fair tonight and Satur day; warmer in northern and central por tion©; light to fresh northeasterly winds. Western Florida and Alabama—Fair to night and Hnturday. with slowly rising tem peratures; light northeast to east winds. Mississippi—Fair and warmer tonight; Sat unlay fair and warmer In southeast por tion; light easterly winds. e Kentucky nnd Tennessee—Fair tonight and Mat onlay. Louisiana—Fair und warmer tonight: Sat urday fair; light to frenh easterly winds on the coast. Eastern Texas—Hhowers In southern: fair in northern portion; warmer tonight; Matur- day showers; light to fresh easterly winds on the eosst. Oklahoma and Indian Territory—Fair to- nlirht and Saturday. Western Texas and Arkansas—Fair and warmer tonight; Saturday fair. To Build Sidewalks. Spe*-Jol to The Georgian. Decatur, Ala., Nov. 15.—Th© city council of Decatur has authorised the building of about 7 mile* of concrete sidewalk© on Pond, «’final, Cherry, Oak, Market and Cain streets. BEARS BREAK OPTIONS AT THEIR PLEA8URE. New Orleans, Nov. 15.—Times-Democrat: "Mlowly hut surely the current strength of cotton Is com [telling the attention uf the speculative rings. This of roura© Is treat ©on Iu the eyes of the professional, ami tilU©t bo bitter gnll to the bear, whose re- ©iHmsIbillty has been Increasing at a time when his chance to cover on a favorable basis Is being impaired by tho obstinacy. »»f the owner of the actual stuff. There Is no option speculative support, and by aslng the hammers the price opponent mar sharp ly break the value of p«|>er contracts w’ben- ever he so desire©, hut on every snch break ©ome other short buys In protection, while the exporter acquire© a few more long con tract© under the honest belief that such a course Is pretty apt to produce cheaper cotton than any other. Thus the dally grind proceeds. The market Is too narrow for the welfare of the commiNHlon house bank ac count, too unsympathetic to suit the bear, too severely hedged about by leglsls- restrictions to warrant any bullish sc- tlvlty now. Ho the speculator chafes while the spot huver hustle* for needed supplies. From all Houthlnnd comes no suggestion that distressed cotton Is awaltlug a cash baying buyer, but from some sections comes the report that buyers willing to meet sell ers price views may obtain limited quanti ties of cotton on aa favorable terms as one- fourth cash and the balance In the bank check©. In some lustnnrea farmers have asserted that the clearing bouse cer- tmcutcN would he acceptable were they in clined to sell now, hut not caring to aeU, cash offers In line with current market quotation* ore not nn at tract Ion.’’-Hay- ward, kick ft Clark. * AM ie... ... ••• Loulavtll, and Naalivilla.. .. Manhattan “L" Mexican ('antral Mlaaourl Pacific New York Central... .. .. Penniylvanla Reading Rock l.lnnd St. Paul Southern Pacific Suuhtcrn Railway Union Paclllc Wabonh Great Northern Miscellaneous. Amalgamated Copper 45 3-S American Car and Foundry .. .. 24 3-1 American Locomtlve 35 American Smelting and Refining 63 3-4 Rrooklyn Rapid Tranalt 30 Colorado Fuel and Iron National Lead .. .. .. People’* Go* .. Sloaa-Sheffleld Steel .. Sugar Tennessee Coal and Iron United State* Steel .. do. preferred ... 33.3-8 .*7X061-8 .. 77 ... 12 7-8 ... 37 3-8 ... 333-8 .. 117-8 ..107 8-4 ... 81-8 ...1101-8 151-4 33 75 1-3 ..1001-2 MONEY AN EXCHANGE. New York. Nov. 15.—Money on call 5016 per cent; time loan* (Inn; 60 and 30 day* 15 per cent. Posted rate*: Sterling exchange |4.»u. with actual huilnex* In banker*’ bill* at 84.1636 0 4.8650 for demand nnd 34.73 04.73 for 60-day bill*. Prime mercantile paper nominal, 7 1-2 to 10. London bar silver 2615*16d. New* York bar silver 86 l-4c. Mexican dollar* 46 l-2c. Ro*ton, Nor. 15.—Following was tho hid and t*k.O price on Georgia Railway and Llcctrlc Company today: Ashed 73; prefer red, no market. MINING ST0C~K8T Boeton, Nor. 15.-Opening: Calumet-Art- .ona 17. Fruit 104. North Butt. 34, Copper Hangs M4i. Beaton i 'miaolldated .Smelt ing preferred 35. Mohawk 44V*. Butt* Coali tion Lit;. 4'ent.nnlal 1A Trinity 10*4 to 10. Utah Mining 32. (lid Dominion 22, Adrou- tore 80. MXell. 9, Greene-Canane* 5\. Th* market Is wrak. New York. Bottom ChtcaQo. Waohlnflton. Philadelphia Baltimore. Atlanta. New Orleans. 8an Francisco. London. TH, American Audit Company, 100 Broadway, New York City. F. W. LAFRENTZ, C. P A.. Preo. O. E. MANWARINO, Vl*a Preo. THEO COCHEU, JR., Secretary. , The American Audit Company, chartered under the laws of Now fork. If empowered to examlno the affairs of, and mako report* upon tho flaaa- dal condition of private and public concerns for directors, officers and In- dlvlduolg. The preparation and Installing of systems a specialty. ATLANTA BRANCH, 1015-1016-1017-1018 BVDRTH NATL BANK BLDO. 0. B. BID WELL, Resident Manager. Telephone, Main 872. Cable Addreat, Amdlt, New York, FRANK HAWKINS. Fmldant. 0. M. ATKINSON. YI^Fr^sMeot. THOMAS C. ERWIN. Ciahlar. JOSEPH A. il'CORD, VIco-I’reold'QL R. W. BYERS. AmIiUDC Catfcla* Third National Bank Capital .... $200,000.00 . Surplus and Profits $400,000.00 BIMOII DARUAM. JOHN W, GRANT. II. i U’COUO. FRANK HAWKINS. H. M. ATKINSON. JOSEPH A. M’UORD. J. n. NUNNALLT. DAVID WOODWARD.