Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, November 20, 1907, Image 13

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% jaiUA CTJliU-nvjizV-N i\±\ 1 > Jfino. V NEWS AND GOSSIP Of the Fleecy Staple. Liverpool Turned Firm Aft er a Disappointing Opening. / CLOSED SHARPLY UP Prices in New York Held Very Steady During Morning Session. S>w York. Not. M.-Owlne to tilrher rn from Liverpool and further bullish ex tiinatM of the crop, tlio cotton market thin morning atirtftd firmer at on advance of 12 Si 15 polnta. Trading win qu te active, and while there w»» heavy milling nt the tip. turn the market held well up to the opening figure* on covering by abort* and scattered. * upper t, which were undoubtedly were at tracted by the reductions in eatlmatea of the crop. There were further ruuiora of settlement* by near-by abort*, but Decern- l.er continued to maintain a big premium over January option and report* of distress ( . ( ,tton In the southwest teemed to have — influence on trading In near month*. Bros’. estimate of the crop at II.393.000 bale*, and price* steadily advanced up to the cloae, which wo* atenefy at B to 7 point* higher. , _ . Spots were In fair demand at 5 points ad- ranee to 6.87d for middling. The New York market, under the Infill- •nrc of the firm tone In Liverpool, opened nharplv higher, and while opening price* were at the high point* of the morning a verv steady undertone prevailed nt n very small decline from opening figure*. The , 011*11* bureau report, to Ik* l**ued Thurs day, I* expected to Ik*, bullish, and to thin 1,' attributed the etondlnet* ntnl narrow price changes. Trade wan dull, bnt steady, during the itfternoon, operators showing a disposition in await due publication of the cetisua re port before making new .venture*. At the close the market was steady net 7 to 12 point* above the closing figures of Tuesday. Semi-weekly Interior movement:. | 1907. 1906. | 1906, , 1101,W shipment* 94,191 Sloi-k» I aC-Ytt ronipnratlve port receipt* Saturday , Total for four day* .... 63.331 69.116 54.826 65,019 57,846 108,849 68.498 hunted receipt* Tfiurwvny: 1906. 9.171 13,492 10.000 to 12,000 10.779 SPOT COTTON MARKET. Liverpool, steady; middling 5.87. Atlanta, easy; middling 10*4. New Orleans, firm; middling 10V New York, steady: middling 10.90. Savannah, firm; middling 10%. Augusta, steady: middling 70%. Mobile, steady; middling 10*4. i hnrletftoti, steady; middling 10 3-16. Itnltlmore. normal; middllug 104. Wilmington, steady; middling 10 5-16. ituston. steady; middling 10.90. .Memphis, steady; middling 10 13-16. Philadelphia, steady; middllug 11.15. Houston, steady; middling 10%. Norfolk, steady: middling 10%. Galveston, steady; middling 11. Ht. I.••ids, steady; middllug 70%. TODAY’S PORT RECEIPTS. lust year: New Orleans. Galveston. . . Mobile Siivnnnnh. . . • linden ton. . . Wilmington. . Norfolk. . . . New York. . . I teuton. -• . . . I’liilndelphln. . Pacific const. . Utrious. . . . 13,711 15.974 3.857 12,884 .Special to The Georgian. v ‘From Hayward] Vick ft Clark.), New York, Nov. 20.-J. N. Hache & Co.: Liverpool cable* were due 4 higher on December and 3 to 3% lower other month*. Opened steady 1% lower on near and 2 low- er on Into month*. At 12:15 p. m. was ‘‘M'lf. net 1% to 34 higher ou near and 34 higher on lute mouths, loiter cables reported a further advance of 24**3 points. NiKit cotton In moderate demand at 5 points higher; middling, 5.87; sales, g.ono; Amerl- ••an. 7,100; speculation and export, 500; American, 7,000; Imports, 21,09-). Including 9,®0O American. Tender* hew docket 4,(tH The reports of settlements by big shorts with the hull clique were current all dpy yesterday. The market did pot show much activity nor were fluctuations violent. Tills seems to us to Indicate that.a quiet market jvlH prevail par some little time to come. >\lih the December short account disposed of we think money considerations and thu state of business will exert more Influence. Trade reaction .seems Inevltablq. This menus curtailment. In thi* not see how cotton Edited by Joseph B. Lively. Mr. (,)«!*’• tw.aly.av. jrenr,' nprrlenr. at wi lting mnrktU In aIUlM an.l the South baa mad. him a Mcopnlrnl au thority In hta iprclalty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAME OP STOCK. v. 0 Hi if CS5 t-U' ent Sinai ’Cooper. . . Am. Ice Securities. . • Am, angst Refinery. . American Smelting. . Aiu. l.ocouitlve. . do. preferred . . . Ain. Car Fofluurf. . . AoicrlCHD Cotton Oil. . .1 nS njl • ; »i n.’H . mw in . 35*4 3o'i keep up to present j Atcmsoo . I do. nreferred. I bo feature of the opening was heavy buying of .March, January and May bv Mitchell. Commission house* bought heavi ly. Wall street and local crowd inclined to sell some cotton on the advance. Following are 11 n. in. bids: Decent Ik r, IOTA; January, 10.15; March, 10.22: May. Id. Revision committee will’ meet toihi. - 3:39 p. m, Action effective tomorrow. Do not expect material change, though effort Is being (undo to lower the high grade premium slightly. Do nor consider the advance healthy and would tell It on any further material up turn. New Orleans. Nov. 20.—Hayward, Vick A Clark: Market opened about 1! points up with pretty free telling on the ad People ore bearish and short* may K rices down, but would buy on all setbacks. Iverythtng look* a* If we are going toward an Important change in tendency. Fearful weather in the belt. Map ... complete, but what there la shows torrential talus In Texas and the central statt*. Haiti- fall 4t Palestine 2.94. Fort Smith 1.10, Little Itock 5.88 and Metnphla 1.78. Mr. Neill's circular rends: Atlantic states, 4,929,000: gulf state*. 3.575.000; Texas and Indian Territory, 2,900,000. Total crops, 11,- 896.000. Liverpool cables: “Local operators heav iest buyer*.” R. A. Lee A: Co.. Charlotte, N. C.. Issue the following statement of the crop of 1907-08: Alabama 1,190,000 Arkansas 725,000 Florida 67,000 Georgia 1,881,000 Louisiana .. .. .. 685.000 Mississippi , 1,470,000 Missouri and Kentucky .. 80,000 North Carolina 686,000 Mouth Carolina 1,210,000 Tennessee 321.000 Virginia 9,000 Oklahoma 440,000 Indian Territory 425,000 Texas 2,800,000 Cnnadlnn Pacific. Chicago ,V Alton. . :on*ofidatcd Q*n, . 31 iii% 68% 1 69% •"•41 •".§ ; 25% I 26 1 ll%! 141% Total 11,988,000 250.000 less than Inst year, which would Ing* to November 15 up to 7,600,- sitinllnc** of the crop will only by the census reports Inter on Mad weather continues lit tho belt. Delug Ing rains from 2 to 6 Inches occurred ii north Texas, Arkansas and the upper delta undoubtedly causing los* to cotton In tin fields. Main here Interiors with spot bust steady hut not nu active big demand. Prices firm, but 110 higher *« far. offerings light, owing to bad weather A cable from Liverpool said: “No strike government Interfered.” We have, how er, no positive Information about this. New York, Nov. 2>.-J. H. Ilache A Do. After n strong opening under the Influence ernl bullish crop estimates and re ported settlement .of tin* bear leader with the hull clique, prices eased off 011 profit taking. The Liverpool tnnrket led the early advance. Reports of nervousness of shorts In Liverpool caused the strength. The kind of buying by Mitchell occurred this morning of January. March and May some were Inclined to credit a story that tho bear lender had covered unit gone long, The effect of n quiet and steady stock mar- cotton prices would be beneficial nf this time. There is reported to be n he Wall street abort Interest which 1* bee •r the small estimates and had weather. Mitchell's buying was the feature of the market and nslde from that. uarrow. with little coifimlsslon house business. After the decline following the opening bulge prices rallied easily. We look for a n —— perfectlj awhile. Total. INTERIOR RECEIPT8. The following tabic shows receipt* In tb* Interior today, compared with the same day l»«t year. Ilmistou. • Augusta. . . Memphis. . St. LmiIs. . nucinnntl. otal. 2.323 7.645 3,935 30.493 2,470 5.355 8.49.1 22,564 1 47.365 HAYWARD, VICK & CLARK’S DAILY COTTON LETTER, New York, Nor. 20.—The Liverpool board this morning showed an advance of 7 Mats, where 3 down was due. Thla and- •Itu turn la undoubtedly due to Mr. Neill'* •Top estimate of 11,396,000. We who know that this crop Is a moderate, If not a ■mall one, wouder why the other aide pay* ••• much attention to small crop estimates. I '* understand this, one has merely to read • ••rresnoullence from I.lverpool. Euglnnd, In >"*rmal financial conditions, has u»t realized until lately the state of affairs over here, *nd throughout tin* big break in cotton we received cablea from that market that peo ple were selling on IncrcnRed crop views J ""I believed the decline here was for tho •ajue reason. Only a week ago we re ceived a cable from there saying the cur- r " ,,r crop opinion favored 13,"oO,O0O and "vor. Consequently the bureau estimate '-.irly lu December might have considerable "'eight with conauipers* action abroad. Heal- thla. we may ace between now mid 'lie third of December attempts on the part •>r bear operators to depress the markets In oruer to cover, and we should be guided In •>ur operations accordingly and not lose *" | th when such depressions occur. Even If w e are nunihod by tho depressing effect of surroundings, we should consider from time time the pHtslblllty of a lusting turn, now many p(*op|e were really bearish above - *n«l knew thnt n* m*ou ns the crop started I." move, prices would drop back—yet they “•‘fit on buying Just Iteeaties talk and b«kh1 iHiowshlp were that way. Now, many , heart believe cotton low enough for the •urcuinstances, yet they keep on selling Just h-^use the talk Is for 9c. The one who f, * *head of the crowd and Is aide to keep 'n«*re win hare the liest position, our market opened about 11 |>olnts up, nnd the o "A" maintained for hours, although suing I* light. Tomorrow's census Is ex- ‘" ted hulllsb—7,500.000 or less. Chance* are will be dlsapiwdnted in looking such small figures. There is no reason hy ginning* for this period should be orer EDWARD MOYSE & CO.'S DAILY COTTON LETTER. New York, Nov. 20.—While the radical measure adopted by the government tc give relief to the financial situation have been reflected lu 11 better feeling In the eottou market ntnl have caused considerable overlng by the short* and u fair ndvanc . * • * -" >ai cur- by the bear*, and ad .met by heavy selling by this element. For the moment, or until the linntieln! situation clears, sales ou bulgci will he the proper course to pursue. SOUTHERN YARN MILL8 TO CURTAIL PRODUCTION New York Commercial: Present conditions lu the cotton yarn market are by no means cheerful from the sellers' polut of view. Hales are the lightest allies the slump be- J an, and according to * * M ‘ .. some of the largest Jen lor* In the market, thorn doea not seem to bo any bottom to prices. Home dealers have been forced within the (Mist few day* to realize on their holdings, and yarns are being made not alone by dealers, but also by some of the mills that have more yarn than they need. Koft yarn spinner* have been requested to Join In the curtailment adopted by the Hard Yarn Hplnners' Association, und a meeting of the Soft Yarn Hplnners* Asso ciation Is being arranged to take place early this week. The manner Iii which the Mouth- era spinner* are abiding by their agree ment to curtail Is said to be anything but what It should and dealers In this market state that the plants are running Just ns filtl as at any time sluce the year opened. COTTON MARKET AT MOMENT AWAITING DEVELOPMENTS. New Orleans, Nov. 2Ur—The Tlmes-Demo- erst savs: "At the moment the cotton mar ket Is ’awaiting developments. Friends of the staple believe that easier money should mean quick Improvement In general trade nnd a more active demand for actual eottou. wbleh In turn should he reflected by a higher range of future value*. The shorts lu a measure share these views; this lielng shown yesterday by their willingness,to set tle the New York Dccemlier Interest at a stiff premium over January. Meanwhile ■tome disturbing news comes from Texas to the effect that certain agricultural In terest* have requested tjio governor, through an extra session of the legislature, to stay I he execution of Judgment* against held cotton until buyers shall become more plen tiful The governor could not. It Is report ed. see his way clear to grant any such request, but the Incident is being exploited to show the presence of distressed cotton In the |.one Ktar State. On the other band, cable advice* say the Bank of France will take $20,600,000 worth of I nlted Hta tea 3 per cent certificates of Indebtedness, which menus that French gold to Higt amount will lie available for Importation Info this coun try In event It shall be needed. The tnleut fear danger in uneommop variety lurks l»e- hlnd both l*ear and bull prospects, Hmall crop view* are now quite general. Don- sumption curtailed under the aggregate pos sible a month ago Is now admitted.”—Hay ward, Vick A <T*rk. Colorado Fuel A Iron. Corn Produce ( olnrado Southern. . • Delaware ft Hudson. - Denver & Rio Grand*.' Distiller*' Securities. . General Electric. Great Western. . . * Great Northern pfd. . Illinois Central. . . . - Interhorn.. .. do. preferred. . . Kansas, ft Texas. . . 1 r ’ 1294! 1294! l&i 17%., I74 ! 174 i - . — -- 1 bKl 1 100 ; li*6 ; 196; 41 j. 41 1441 13 36 i, - 45%' ii^r 101% 604! 35 1 30%; • 764 8* i m\ ;;sl n% aw i.Tl , J.') 13 -I 15 i 15 21%; 21%( 21% NAME Or fiTOCK. Kaunas .\ lexna pfd. ■ Louisville ft Nashville. Missouri raclfle. . . . Mexican Central.', . . New York Central. .*. Northwestern. .... National Lead. .... Norfolk ft Western. . . Northern Pacific. . * . Ontario ft Western. . . Pennsylvania Pacific Mall People's Uas Co. . • . Pressed dteel Car. • . Beading Rock lela.nl do. preferred. . . . Republic iron ft Stool. do. preferred. . . . Southern Pacific. • . . , Southern Railway, . . , do. preferred. » . . , fit. Paul Tehu. Coal ft Iron. . . , l>xa* Pacific Union Pacific t.. S. Itnbbef. do. preferred. . . . . 0. N. Steel do. preferred Western Union. .... Wabash do. preferred. .j 294 . 197% ‘I 73% •-I m & MSI; no*. UK ■38 Total stock snles today, 468,3<hi shares. NEW YORK. S’av.. . Dee.. . Jan.. . Feb.. . March. fe': June. . July. . tjin.M 1066 iiU9 .|10.18 10.19 10.11 ‘.10*25 1(127 10.17 '.10.30 S laSTi .110.30 10.31 i».a 'l0.37-4ftjlo.3)-35 10.52 54 1*.43-45 10.14-15 10.03-04 10.19 2"j 10.07-09 10.22-23 10.11-12 10.25-27 10.14-16 ,v.«s,. 10.29-30 10.17-1S ....10.28-3)|10.16-18 IAYERPOOL. Following Is the opening range. 2 p. m. * J “*"■ —sterday steady. and close, compared with yesterday _ steady. Previous Futures opened quiet an* opening Range. 2 p. nt. Close. Close, Nov 6.50 6.64 5.644 6.694 Nov.-Dee. ...5.50 -5.56 6.67 Dec.-Jan. ... 5.60 -5.544 6.56 Jan.-Feh. ... 5.51 -5.56 5.38 Feb.-March.. 5.61 -5.56 5.5V March-April. 6.52 -5.574 6.59' 5.59 Jithe-jiily ." 7 5.61 July-Aug 6.534 5.584 5.00 5.61 5.62 6.624 5.634 6.64 6.614 6 M4 6.62 MB 6.66 3.644 Closed steady. NEW ORLEANS. Following Is the range In cotton futnree In New Orleana today: Nov., • Dee.. . Jan.. . Feb.. . March. April. . May. . June. . July. . j 11 I II ....|.....!10.4i 10.29110.32-34 10.2910.9 il0.»41 10.30 10.30 10.30-32 10.34 10.34-36 10.36-37 10.37 10.41-43 10.2u 10.19-20 10.16 10.14-16 10.16 10.17-19 10.11-23 10.21-23 10.26-28 NOTES ON GRAIN Pointers on Provisions.' Special to The Georgian. (From llaywnrd, Vick ft- Clark.) Chicago, Nov. 20.-—Bartlett, Frazier ft Car- rlugfou: *Otir foreign advices state thnt fuinine conditions exist In Russia nud storms are predicted In the Argentine. Until this December wheat Is placed we are very like ly to have a nervous market. The receipts of coarse grain are light and we we 110 (HixHihlllty of any material In crease for gome weeks to come. I11 provisions the packers seem to he de termined to have lower prices nud take ad vantage of strong spots to svil the pro vision futures. Local professional* nnd scattered commis sion houses are sellers of wheat since open ing. Local talent all bearish. Home buying of May by commission houses around 31.1*2 011 resting orders. Chicago Record-llernld: Fifty years ago yesterday a steamer arrived lit New York from Liverpool with four days’ Inter than last previous news, and reported prices all lower. Rank or England dlacouut rate in per cent and .failures extensive. At thnt time wheat was selling nt 63c per bushel lu Chicago, and the freight by lake and The lake freight from Chicago to Buffalo .Monday was l%c on wheat and the rail rate, Including elevation, from Buffalo east was 54c on export wheat. The through wheat Chicago to Liverpool wa* •f lake jvhent li _ lath to the Fust. The lack of business can be directly traced to the disarrangement of the financial machinery. Like freights are very low—only 16c from Duluth or Chicago to Buffalo—am! there Is a big stock avail- WHEAT PLENTIFUL IT THE Free Selling Started Prices a Large Fraction Lower. ST. LOUIS CASH QUOTATIONS. Oats—No. 2 WEATHER REPORT. WEATHER CONDITIONS. The storm In the southwest has moved northeast. Increasing in Intensity and caus ing general rains nud high winds along Its track: It Is central this morning over Ar- kansns. where the pressure In uhout half nu Inch below normal. In the Inst twenty- four hours rains have fallen lu most of the Mouthern ststes, the Mississippi. Mlsssourl and lower Ohio vnlleys and on the extreme northwestern border of the United States. Bain was falling this morning nt New Or leans Montgomery. Blrmlnglmm. Memphis, Little Bock, Ht. Louis, Kausas City, Omaha, high area has decreased In area hut Increas ed in energy over the north Atlantic states nnd Is centered today on the roast of Malue. The temperature haa risen In the Missouri and upper Mississippi valley, while over the eastern half of the map tue changes have been small. The conditions favor rain In this section fonlght, warmer; Thursday clear!ug and some what colder. IpenlllZ %«*%•’ erpool came 4d lower. Northwest _ light nt 3SJ. v,r.u« 610 iM mr. Broom- Minimum and Maximum Temperature* hall reported rains Iii Argentina and storms flnr j R.: n f-|| r * predicted where harvesting Is about ana mmence. — •• — h are for OOO.OOt) bushel Wheat closed l-2c to lc lower, corn was up l-8c to l-4c, oata l-2c off to l-8c up anti provisions unsettled. foreign markets were below n shipping basis the lack of business would not be ao remarkable. The foreign markets, however, show n good margin or profit, and Eastern millers and distributors have comparatively light stocks t*t wheat aud flour with wbleh J F 1 to go luto the winter senaon. of Tali __ The closing igatlon Is now less than three ml there is little loading of ft!i California and Idaho grain men. attracted y high prices current, are sending requests here for bids 011 cash oats In those states. The sample* accompanying the bids show a heavy weight grain, but the shells are so much heavier than the Enatern oh tie. that they are not popular either with feeders or the oat nienl manufacturers. Northwestern Interior stocks are now with out doubt the smallest that they have lieen In years at thla season.” THE COFFEE MARKET. range and close In the market for today: i Opening., Closing. January .. February .. April /. .. - March .. . May June July August Hepteutber - October November . ■miter . .. 5.5oft5.GO I 5.5 ..j 5.5606.65 ‘ ‘ ..i 670.fli.80 j _■ ..! 5.6565.70 | 6.6 ‘ • o.85 I 6.7* Closed steady. Hales 78.250 bags. HAYWARD, VICK & CLARK, COTTON, STOCKS, BONDS, COFFEE, GRAIN AND PROVISION* . Carondelet end Gravier Ste, New Orleen*. MEMBERS: SrlM 1 ! cotton Exchange. New Orleana Future Brokers'' AaMejattm. Exchange, . New Orleans and Chicago Board* of Trad#, Cotton Exchange, New York Coffee Exchange, ■sonatou Cotton Exchange. Associate Members Liverpool Cotton Assn New York and Chicago Correspondent!: *8. BACHE & CO., AND BARTLETT, FRAZIER * CARRINWON, ORIVATE WIRES TO ALL POINT& Highest Prices Paid for GAME KELLEY PRODUCE CO, 991 2 Decalur St CHICAGO GRAIN MARKET. Following are the Chicago grain and pro- Oalons quotations for today, compared with yesterday’s close: Previous WHEAT Opeo ' U,8h ' Low * c,oae * Close. m Dec. .. 93% Msy. .. 108% July 96% CORN- Dec. .. 54% May .. 56% July .. 55% m 102% 46% May .. 5o July .. 44% PORK— Jan. May LARD— Jan. .. 7.70 7.80 May .. 7.614 7.824 HIBH— Jan. ..6.724 690 May .. 6.85 7.024 46% 49%. 44% 66% 66% 55% l-rni CHICAGO CAR LOTS. The receipts of grain In car lots today and I Toiler. Hog*, head. ..... THE 8UGAR MARKET. New York, Nov. 20.—The local refined ami raw sugar market is steady and unchanged. The London beet sugar market today was quid, with November um'hatiged nt 9s 3d, and December unchanged at N 8%d. LIVERPOOL GRAIN MARKET. TIPS FLASHED From Wall Street. New York. Nov. 20.—J. 8. Ilache ft Co.: London market for Americans mostly below parity. New York Central, Louisville and anshville nnd Hteel common are exceptions, l*elng fractionally higher. The market abroad was affected by nmmmicemeut that ft „ 1 nlted Htates treasury certificate.. The heavy liquidation lu Rock Island liomis and stocks wits' the feature lu our market yeaterday, nnd considerable liquida tion In other Ismds nud stocks followed. The market will probably have more such experiences before the week Is out In vari ous other securities, hut by next week the roll^effeeta of gohl Imports will begin to ‘®A day New York Financial Bureau: Until the completion of sporadic liquidation It sectuM highly probable that the rallying tendency In the market will bo interrupted, in view of tho fact thnt It Is practically Impossible to discern In advance most of this dean-tip llquldatloti or the necessity kind, because of the hflsU quarters from which It ema nates having .superior com-eahnent factor*. It Is wise, as wo have stntcd. not only to take reusounhb* profits ou approach toward the tipper trading levels, but to nwait're- ccsslous of a sympathetic kind which are almost certain to.occur ns culminating de clines on which Judicious purchases can be made. l»oth by the dally operator and the Investor, exeept in stocks thnt are •'suspi cious. There ara so many good Issues thnt we do not believe operators will find It hard to discriminate as n rule. Latest Investigations Indicate approximate Ihuitntloua ns follows: Union rndfle 107A 113, ss revised; 8011 them Dndflc, 644(69 Heading. 7«(ft82; Northern raclfle, 10441110. Great Northern, lOOftllG. All these stocks will he bought confidently by.first-dais pro fessionals on approach of lower levels with ■ton-orders. More liquidation appears pending In Hteel preferred, with no special support yet. The common finds support around 22. Covering occurs In New York Central around 934194, but the aupport Is not posl tire. The techulquo of Rt. Paul continues weak with Western selling and not much support. Atchison doea not yet show much good ipport. Smelting Is covered around 81 again, we nderstand. % more favorable. MONEY AND EXCHANGE. N«w York, Nov. 20.—Money on call 7© 10; no time money. Sterling exchange $4.80©4.87.60 with actual business in hunkers' bills nt I4.86.76fj4.87 for demand und $4.79 A 79.26 for sixty-day bills. Prime mercantile paper unchanged. London bar sliver 27 3-8d. New York bar silver 59 l-4c. Mexican dollars 47c. THE LONDON STOCK MARKET i : .u.|ci« Abilene Amarillo Asheville ATLANTA Augusta Birmingham. . . . Bismarck Boston. ...... Buffalo Uharlestou Charlotte. . . . , , Chicago Cincinnati. . . . Corpus Chrlsti. , , Davenport. . . . Galveston Havre. ...... Huron Jacksonville. . , , Jupiter KauiAH City. . , . Key West Knoxville Macon Memphis Meridian Miles City Mobile Montgomery. . . . Nashville. . . . . New Grleaus. . , NVw York Norfolk North Platte. . . . Omaha Palestine Pittsburg. Portland, Me. . . . Portland, Ore. . . St. Louis Ht. Paul Han Francisco. . . Savannah Spokane Tampa Taylor Thomasvllle. . . . Washington. . . , Wilmington T. hid Jen re* trace t opened %fr% lower, aud at 1:30 p, %«4 lower. Closed 4ff% lower, “toed 4 lower, uml at COTTON 8EED OIL MARKET. Following la given tb* opening and dosing notations of tna New York eottou seed oil Opening.) Closing. Albert O. Brown. Edward P. Buchanan. O. I^e Stout. Lewis O. Young. A. 0. BROWN & CO.. BANKERS end BROKERS. 30 Broad Street, New York Member. New York Stock Exchanee New York Cotton Exchanee, Chloaxo Board of Trade, Cleveland Block Ex- change. • 13 Branch Offices, Including Waldorf-Aatoria Hotel, New Plain Ho. tel. It Weat ?5tli fit., Flatiron Bid*.. Katie Ar.tioRet^IiO^ri^East ttth fit., Atlantic City, N. J., Chicago, Cincinna ti. Detroit, Toronto, Can., Buffalo Cleveland, Waahincton, D. £. Ever)- faculty for prompt execution of ordera on all exchanges. I ember. December. , January. . closed steady. Miles. 4,m barrels. Crude oil: November 21fp22, December 22tr224. Jan uary ---v-J. Atlanta Oil Markat. The following quotations ore based on ar- tunl transactions: Prime crude f. o. b. mills, November 20Q21, December 214(214, January NAVAL 8TORE8. H|htIsI to The Georgian. Havnuuub. Go.. Nov. 2J.—Tnrtientlue Is steady at 474**: sale*. 149; receipts, 658. Kosln firm: sales, :v_6; receipt*, s.nng; uiti- •U»w glass. $6.«; water white, $»l.T); X $5.»j; M. $5.25; K. $4.8ft; I. HID; II. $3.3uf|ft»; li F. SSS3.5*: E. IS.yif.5 3-; DVB A. GEORGIA RAILWAY AND ELECTRIC COMPANY. GENERAL WEATHER FORECAST. Washington. Nov. 20.—Weather conditions ami general forecast: The South western disturbance of Tuesday morning has moved to Arkansas with great ly Increased energy and has been attended by general rains throughout the central val leys. the gulf and the plains states. Exces sive rains occurred In (tortious of Arkansas, Louisiana anil northen*tern Texas. The rains also continued in the mirth Pacific states. The northwest dlstnrlmnre has rcacheii Manitoba and Is still without pre cipitation except 11 little on Its extreme western edge. Temperature* nre eonslderahly higher ex cept III New England, the middle Atlantic Rtutes, the extreme southwest and the north Pacific Htates. • Bain will lie general tonight and Thursday In the Ohio valley, the lower lake reglou nnd tlm middle Atlantic stat'-s. In the .Smith Atlantic states rain tonight will be followed by generally fair weather Thurs day, while In the cast gulf states the weath er will Ih* generally fair aud colder tonight nnd Thursday. It will be warmer tonight In the Atlantic states and the lower lake region. 8p«cial Forecast. Storm warnings are displayed on the lew. er lakes from Erie to Detroit and uppet lakes, except In the Duluth nnd Houghton Thursday rain; fresh to brisk east to south east winds. Roiith Carolina—Rnln nnd warmer tonight; Thursday partly cloudy; fresh to brisk east southeast winds. Georgia—UaIii ami warmer tonight; Thurs day party- cloudy and colder In western »i»d Thursday! fresh to brisk south to west Anaeomla Amalgamated Copper .. Atchison pref Baltimore nud Chesapeake aud Ohio Chicago uml Great West. . Canadian Pacific Denver Bio Grande .... do pref Erie do pref Second pref Illinois Central Kansas nud Tcsns ... . do pref Louisville and Nashville Mexican Central Norfolk nud Western .. Northern Pacific New* York Central .. .. Pennsylvania Philadelphia nud Bending. First pref Second pref Rock Island Southern Pacific ... Southern Railway Ht. Paul Union Pacific United States Hteel . do pref £3 VERY IRREGULAR Union Pacific, St. Paul, the Smelters and Copper Under Pressure. LOST 1 TO 2 POINTS Rock Island Bonds Were Again Freely Sold. Business Light, j fj BY T. C. 8H0TWELL. >’ew York. Nov. 20.—Further liquidation was apparent In Wall atreet today and the stock market was very Irregular. The pres sure In' the early trading waa on UbIm Pft- rifle. St. Paul. Smelters and Amalgamated. U»sses In these issues ranged from l to 3 points. There was also further selling Cf Hock Island l»oml*. They touched thfi low , price of the eollapse of yesterday. Wheat was slightly lower and cotton wda uhout 50c n bale hlgltpr. The short selling continued In Canadian Pacific nml New \ork Central and Pennsyl vania. but this Is believed to be largely technical. Pennsylvania loaned at a pre mium this morning. The rednetlon of Work ing forces on the road waa distinctly felt lu Wall street. r On the curb trading was dull, with no changes of Importance. After mtd-dny the market wai firm, with it moderate volume of business. Trading was very professional, but the rally on short* 111 the second hour did not seem dif ficult to bring about. Stocks are a good deal oversold, hut- there did not seem to be much new buying w hen the floor short! had covered. Closing bid* follow: Railway Stocks. Atchison 89 do preferred Haiti more and Ohio Canadian Pacific Chicago and Northwestern. Colorado Mouthern Denver and Rio Grande... File Illinois Central Louisville and Nashville.. Manhattan "L” Missouri Pacific .New York Central 93 P< nnsylvanla.. ...108 S-8 Heading 79 1-8 Rock Island 121-4 do proferted St. Paul .. .. . Southern Pacific Southern Railway Union Pacific Intcrboro-Metro do preferred. Great Northern Miscellaneous. Amalgamated Copper .... American Car and Foundry American Locomotive .... American Cotton Oil ...781-2 ..141 1 ..110 1-2 ! .. 17 5-8 | ...17 6-8 .. 13 . .120 ... 90 ...110 ... 94 6-8 ... 66 1-4 ... 10 3-4 ..109 1-8 45 3-4 25 1-8 35 .. 241-4 American Smelting and Refining 60 3*8 67% do. preferred Hi-ooklyn Rapid Transit Colorado Fuel and Iron National Biscuit National Lead .. ... .. Pacific Mall People’s Gum Pressed Steel Car . . »t Pullman Palace Car .. Sloss-Shefileld Steel .. Sugar .. Western Mnckuy 1 do. preferred Virglnla-Carolina Chemtcil.. 64 7-8 30 8-8 161-2 . 60 1-2 . 34 • . 50 1-4 . 74 1-8 . 1G 3-4 .139 winds. Kentucky—Rain tonight; Thnrsdny rain In northern sectbui: fnlr In southern portion. Ieunessee—Rnln tonight; Thursday fnlr. Lonlslntm—Fair and colder tonight; Thurs day fair. MINING STOCKS, cadhui 53, Caltioiet-Ilecla 57. Fruit 1W._. Hutto Coalition 102%. Copper Rauge 48. North liutte 334. Wolverine 1054. Granby fresh westerly winds on the’ west gulf coast.* 75. Market generally lower. New York. Boston. Chicago. Washington. Philadelph/ft Baltimore. Atlanta. New Or leant. San Trancleco. London. ompahy, Th? Americah Audit C 100 Broadway, New York City. F. W. LAFRENTZ, C. F A, Pr.fc G. E. MANWARING, Vico Pro. THEO COCHEU, JR., Secretary. The American Audit Company, chartered under tne laws ot New York. I. empowered to examine the affair, of, and make report, upon the finan cial condition ot private and public concerns for director!, ofllceri and ln> dividual*. Tho preparation and Inatalltng of xyitema a special ty. ATLANTA BRANCH. J01G-1016-1017-101* K>. URTH NAT’L BANK BLDG. C. B. BIDWELL, Resident Manager. Telephone, Main 872. Cable Addresi. Amdlt, New York. UNION SAVINGS BANK Assets $280,000.00 Commercial (checking) and Savings Deposits Solicited. Strong, Conservative and Experienced Management. 4 Under State Supervision. A ' PER CENT On Savings Accounts a Late Hours Saturdays for Savings Depositors. Boston. Nor. 20.—Fallowing wa* th,» hM ind naked pffct on Georgia Hallway uml today; A*k«*ti 7& Nv TLmridayr^frMh sout'bwest 'tv uJrtUwriit fair and mldrr; fmb to brisk south to wwt Wind*. Ml**i**lppi—Fair urn «Wor tonight and »*• «. «ii»ier*»/.v, view, iv.iu.ui. .uwjino v,, Llini.i, Llliiirr, JOSEPH A. srcoiiD. Vlc.-Pmld.oL U. w. UTints, AnliUn: Coibtw. Third National Bank Capital .... $200,000.00 Surplus and Profits $400,000.00 DR. ft. W. CALHOUN. II. ). M’COBD, FRANK HAWKINS, n. M. ATKINSON. JOSEPH ft. Al'CORD. J. O. NUNNALLY. J. CARROLL PAY2GL E. B. nOHSBR. DAVID WOODWARD. THE AUDiTCOMPANY OF NEW YORK The Oldest and Forencs! Corporalio.'i Engaged in Accounting Bell Bhone 3309 Main. 1310 Candler Building. HARRY M. RICE Southern Manager.