Newspaper Page Text
All Markets Flat and Reactionary VVedne‘sday; Trading Limited to Evening Up Quer Thanksgiving Holi'day'
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'
y & 0. Drops to Lowest Mark in
s '
+ 20 Years—Entire List Off,
Final Tone Weak.
NEW TYORK, Nov. 28.—The stock
market opensd dull and irregular today
with prices generally lower. ~
United States tSeel common, after
selling at 971, yielded to 963, while
Bethlehem Steel B declined % to 808,
Crucible rose % to 553%. ;
Marine preferred declined 1113 to 943,
after selling at ™95%. Gene Motors,
after openiug % higher at 91, yielded ufl
§O%, and Pullman declined 1% to 124%.
Delaware and Hudson yielded 21 to
8%%. Reading declined % to 6935,
(,\mern-an Smelting, selling ex-divi
dend and 1%, gained % at the opening
_:x_»%76%, but had a quick reaction to
2.
Amierican cotton oil was an exception
‘o the general show of weakness and
avanced 1 point to 26.
‘United States Steel, after selh‘niqgown
0 96%, rallied to above 97 and rine
preferred, after dropping to 94145, moved |
ip 1 point. Republic Iron and Steel
and, the other steel issues moved in
about the same way, Baltimore and
Uhio yielded 7% to 497%. Studebaker
noved up over 2 points to 445, wh(le|
General Motors declined from 91 to 883%
and then moved up to 893%. / ‘
Bonds were steady,
Money loaned at 3 per cent.
Business was small in volume during
the early afternoon, hut the tone was
generally firm. Studebaker continued
strong, selling at 45, an upturn of 2y
points.
Baltimore and Ohio dropped to 491,
the lowest price that issue has sold in
the last 20 years during the final trad
ing. Most of the other active issues
dropped about 1 point. Steel common de
lining to 96% and Marine preferred to
05 14,
'f‘ihe market closed weak. Govern
ment bonds unchanged; railway and
other bonds steady. :
- Stock quotations to 1:30 p. m.:
e """"""'T""T“"‘"Tiz"sb_PrTa‘v‘
STOCKS — ~ |High!T.ow 'p.m./CVse
Allis-Chalmer
ls(]( halmers ..| 1011 18141 19 11¢
1 X ues TR OT et
\‘l Agriculty At 15119 |I T
Ani Bect Si iral . TN e
do .‘H‘,,‘Ff:lr M Tt A}‘
B it T 13%
e e 2 Tolg
} Bgbrsts A%!36 3k 5;01
Am. C d { {1 36%
\;,:' ‘lfll‘rm 066 Rkl T';l a
. Lecomotive . 263, SRR 66 a 6
wi do. pref tive .| 54 42 26% 66
- ”2]' Smelting” .| 7 po7al 9t 553
Am 0. pref g .| 6% 253! 7614 96"
Am. th‘ Fars. .| &% 2% |5% :IQ
\m. Bz, Ref. - 3 aate a 1
e 57 | 56b L o 1104
Am. “4' and 'I'P‘A -anT;, 971 ?‘_‘l: 58
AT ! oolen 11106 % 1““‘ 97 981
g 0614 1061 o
S 5
SO o W 2%l %|25 |2%
. and - ki |“9 or
Am'w”- «uni“' I.} 99 | 98141 98 | égl':
LFD prel L 3 |lßkl 1s |99
.'Malt Cor. . . 58 13%| 13% 141
do. pref ; Kok 58 R T -4./‘
fig ;VU!m(f ey ol sbeeloe ‘{%‘,l4
‘. St e 7 b «of la
Am. 'A’l""i. fob. .| 608 sl 55
W 5 hrar s 31 591 AR 597%
l,:m;;w :'Y{'.if; : | eed o 5 603 1‘(;4
p p‘«-(,,“,", a . o coenf ]
‘t"“\“"’i"‘mx : . 3;"1 .;l»l ‘ol, 30
R 2l 831 g 57| 575 21
Baldwin L. 3%, 8315 S.’} | 601 l
do. pref o 0 S4lh L
’-HH,-;J} LR 0% 49% ',)l’f‘ 554
lehem St 193, 507
ge pret Pl b sl tliße 8
k! do. pref. “B”. a 8 S coas R‘]
a‘~"‘7 Rap ‘|'< b 811 97% |9B &
Qatte S . : 4 2% 797 27
S uvenior . 47 44 |9% 814
. Qo. pref ; 17% 17% I_‘\‘ 4474
‘an‘ Pa¢ .‘]'_ "l el 1714
A‘ll. and N. W 18 .‘. ]::l;.1;“
“u]()‘ F |-' 5\ Vo 47 41:~ ~4.41‘:
M. A and 1 94151 93151 ¢ 2| 48
‘., M. and St bey 4! 94
‘ons. G e T ge 86 36 3673
s Prodi adoiile i 87%
.‘Ur‘im,_‘ ety "} 99 %! 8534 S.,‘:‘x 21
B A LEE 29 | 285 --\v,’ 86
) Am. Su BEa |B2| =) )
w;))‘ Bane i 1 :il 09 =3 4ad
. GO ", IZar a 1 5542
% ptrol ]‘u“ 29141 29 Foo 1:;:
hi'e Coppe Rl 201 | 29%
lumbia i|b i 1
R Gl 183, 15% '{.
W . o 0 . 5 g 15% 116
'~;‘d|\‘¥ Hudson .} anslic 3 31%
Bhio™ -1 96341 89 ..l 301
¢ . 1'38%1 35 30" "1 bite
do. pref 147%| | s
enerai [lec t . . 22%! 149] 14% anu
i Aotors A R 2%
~ do. m s ¢ 12612 12715 127 °
1“"[‘71,41, B 1+ 883% 89 %127
X Northerr bber FIE _:.1.'4
A 0 aei . .
i Nor pref. .| 9907 e 261 .‘.1.)
ireat \,\.\w o ot S 895 S';‘.H .'\.l"
k do teFR . o allp =i 578 9015
t ref . S 27 ik
‘;{'i Skates St aL it 47
ireene- ( Steel . 2 e A
Hinois (' nea 88 88 a 4 20
fnsn. Cop ral -4l s i $ 86
gnto bpe e 3 ot A
yhor E o i 28
1l _\.]“ - e $4151,437% ‘g', 9415
nter, b 12 1 e
k. C. er “;-;- r !a7 26% I%(};_. 1.1::’12
pansas iot ‘.,:‘:“\ ‘:' 27" -'fl‘Qh‘
1 do. 1 !.', ¢ 'exas' . 2! 1731 173 &1%
fK ennecott $ s s 8 ‘i
1 “Eli\‘;-;'r‘{f [ 40 e \:z 38" 331 l 7y
ib 'F“.\ 'i‘*‘ 11, 8014 Mw 33%
sy Honds 35 4 i o§l4
Ril 0800 TBl
Cand N 17.96/97.96 u“ o
glaxwell Motors TATER W .i"’“
do. 1: ot 26 941 .. '|]:;L/
I€V 3012 . 25
'} rine. . m.| 80l ~Ry 234, 4‘
TA‘ do. pref 241} 94 SO 234
l!dmx Copper 961} 7"1';~‘ 23% 2;_;\4
v.‘(‘,\'fllv Sieel 98151 2 2 9512| 9572
Wationa! Conduit | R a 2 i
,‘l“(’ilul s wduit .t 24 43%3 131 34‘_\
¥ Vorth A = wamel .| 383 233 | 24 2 .'414
N v eican 3835 37 137 2
B \Y""“'mll an o %! 37 30
\HXB 0 dois S 8
i ationa Pios X H.| 278 3914 691 40
,”"t_hl rn Pa g : s Sis N 3“, ;1
O Pacific .} 84 | 445 Cihe
Rieve-Co Re e e 33;] 83%! 833
o ‘-.\_ \irb pper. 171; 133 I":"f
fOhia Cit '3 f |X% 173 1712
% S & 3 + 1
fPennsy | 361 951 i
fPeople’s (o 3 all 46 z 7: 100 y
oS ROEE e
2 .‘l“"t pref ol 2o a7’
Pittsburs f“ ‘ a(
i burs Co:
A B dated Wi 1l
m()(linK ed 294 99 44 44
R.e : a2y 2215 231 p
b \-’» and Steel $01%! 69 2315 | 225
3 do. pref " 187 77 :"" t‘.'n?‘
U(;k 1 g : [ A:"‘ _.\ 3
Ry, Steel 18341 181/ 2
"Ser el Spring 141 181 £t 951
Sears-Roebuc ngs. .. 1| 18% 1812
10gs>5’“v ( 13014 Sosd el 2
> outher: 3 ; 51139%11391% 12}-1
DulF"“‘ Yailw 827| 82141 8 plag 2
y B p " ’_‘4l‘.' 2 25 +
S““’wl.w;,', .‘,;,? 24i5! 24 . &”.
Swift Co. ]AT k) BT
BBt L. and S L 412 D 151 44 93
[ Sinclair ¢ o N R *
S, A 1 RETLAR] 9
do. 2 !BSt 25 4
i Tob, ,».’ T ] 02
e b t i 814
,l,"nn. C 7 33 kinst at? 1838
*Thir‘d Aver ¥ al% a 2 591
e O : 191,
fsas . RERTINTN
i !ted Fru L 1420 144
J"‘%n Pacit { . 19:
B, do. ) 141411153 11715
& 8 R 5115 % 111 1743
B Buvoe : L 4 i 1
a R % tec = (o
E do. pr q 71.1 08 5 35
-¥. es 715! 9614 o 537
. (‘ig'nl € 10914 9614 97 3%
J. Cigar Stores 10914110843 971,
ik Conr 10 6311000 00
a.-C. Chemic ) 18% 28 138 "92
Wabash . . ical .| 33% a 4 8| 18
, . do. ;»'.!'-“.." 8 8 ““': 331%
e Union 401 y 4 0
N illys-Overland 8314 823, o 4
e S 181, 181 831,
AR IAN A
AVERAGE WEIGHT OF COTTON
BALES OFF FROM YEAR AGO
| By VICTOR BARRON.
Atlanta bank clearings Wednesday . .. .- ..$8,795,188.96
Same day last year “wa i R sek3 b o IR RU3
L RN sa2 G T Y
S a 8 a 8
Atlanta spot cotton Wednesday ............7..30.15¢
e BRI vl e e
S &\ P
New York cotton futures closed easy.
New York Stock Exchange closed weak.
Total stock sales 406,000 shares.
Total bond sales $3,299,000.
s 88 .
. All markets were flat and reactionary Wednesday, with trad-
Ing confined to evening up over the holiday.
After opening 5 to 23 points lower on selling eredited to Wall
street and Western houses, due to the unfavorable situation in
Russia, cotton futures rallied briskly, but toward midday the list
reacted to a net loss of about 15 points on continued selling. De
mand was less active than for several days, traders being inclined
to steer clear of the market until after the holiddy .
There was no change in the tenor of spot advices, offerings con
tinuing light with demand active.
Spots here were quoted 5 points lower, at 10.15, by the Clom
hercial Exchange and 1-8 of a cent lower to 30 1-8 cents by the
Warehouse. No sales were reported.
- ¥ ¥ ¥
Trading in both corn and oats was light, with the feeling in
the pits bearish. Provisions showed pronounced strength, with
pork scoring sharp gains early in the session.
% % X
Stocks opened dull and lower, with the steel, copper and motor
issues most prominent. United States™ Steel, after opening at 97,
dropped to 96 1-4, then rallied to 97 1-2. Marine preferred showed
strength after the opening on expectations that a cash dividend of
$lO a share will be ordered on back dividends ecarly nexi week.
: ¢ %9
According to Secretary Hester, of the New Orleans Cotton
Exchange, the average weight of bales for three months of the
pregent season has been 517 76-100 pounds, compared with 523
76-100 pounds last year. His figures, which are for August 1 to
October 31, inclusive, follow : ~ j
—_1917 1917. 1916.
Number Weight. Average.
in bales. in lbs. ——weights——
Tekas .+ ..& DA EAEGON 382,928,478 529.93 538.26
Lioujsydpa .. 5 | 80T 04 196,244,016 520.37 525.74
Alabama, ete. .. . . 54,981 28,687,986 521.78 51315
Georgla .. . . 3479909 245,004,368 510.53 HOR.BB
South Carolina .. . 87,999 43,911,501 499.00 500.00
North Carolina . .-, 88,202 19,292,010 505.00 499.00
Virginia™. .. . o .0 SESRO 40,932,578 7502.00 495.00
Tennessee, ete. . . 350,350 178,289,611 508.89 513.62
Total, 3 months . 2,192,699 1,135,290,548 b17.%6 523.32
CLEARING HOUSE MOVES. .
~ This is moving day for the Atlanta
Clearing House Association.
The association late \Vcdneggay will
move into their new quarters on the
second floor.of the Healey Building—
three large offices.
On May 14, 1909, the Clearing House
Assceiation moved into the Commerce
Hall, corner of North Pryor street and
Zdgeéwood avenue. At that time ondy
about eleven clerks were necessary to
Fandle the daily business—very sel
orm more than $1,000,000 a day—but
during the last few years their busi
ness has increased to such heavy vol
ume that a force of 30 clerks, book
keepers, €fc., now are necessary to
handle the business, clearings through
the local national banks averaging
more than $9,000,000 daily. Recently
the clearings totaled more than sll,-
000,000, or more than a full week's
total of a few years back.
- » *
COTTON GOSSIP.
Houston says 3,000 acres in Galveston
and Harris County are infested by pink
boll worms, according to State Depart
ment of Agriculture.
* & *
Jayrnal of Commerce says: ‘“‘Coiton
manufacturers are worrying about
where and how they will get money for
financing cotton purchases at over 30
cents a pound.”
- % % -
“Large sales at Dallas Tuesday at
lower guotations confirm advices of more
inciination to sell at this level,” wires
Kofler, of J. F. Clark & Co.
* * *
The weather map shows cloudy over
the entire belt; general rains in Texas.
Oklahoma and Arkansas, western and
north Louisiana. Indications are for un
settled, rainy weather over entire belt;
colder in north portion.
- * *
The Times-Picayune says: ‘“‘The re
actionary disposition developed Tuesday
while held in check by the bullish sen
timent underlying the market was but
natural after so lonlf sustained an ad
vance which has about eliminated the
short interest and therefore weakened
the technical positi?n of the market.
With the 30-cent limit practically reach
ed in many portions of the South, it
was only reasonable to expect freer of
ferings, The approach of Thanksgiv
ing. when both Amerjcan exchanges will
be closed, also (froved ‘an_added incen
tive to the liquidation of the lbng inter
est. Owing to the possibility of 41l sorts
of developments from ¢ay to day, the
desire to even up commitments in ad
vance of a holiday is more pronounced
than at ordinary times. One of the rea
sons for the reactionary tendency yes
terday was the falling off in volume of
trade buying. which has been so im
port:mt‘ a_sustaining influence of late.
This slackening in this eharacter ~of
trading is apt to be only temporary, as
mill stocks are known to be considerably
reduced, while contracts for manufac
tured goods have been made to cover
thé greater part of wext year.”
NEW YORK COFFEE MARKET.
Coffee quotations:
i i Closing. _
JROUARE .. N U exes (ot AT 12
Fabrualy - ¢, v .. 4% v o<l LOGEM
RRrah - s e e, 7.15!«1"_7_.16
ADril (oo oy gbive a 0 G eod 7.22@7.23
MEBY so s vslOO N
ARSI N e . 7.38@7.39
SN LT eeal e il cewis b GARER IR
AUBMBL . o e aaa v s LOSEE TOB
September .. .. ~ .U 0% G LOGT.63
October +. i, 1 ioa RIS e
November .. .. .. “. .. ..I'EBGE N
Deomnbar |, o SO R
LONDON BAR SILVER.
LONDON, Nov. 28.—Bar silver is un
changed at 42%d.
Waotworth . 0l il ift ke
Westinghouse . .| 3974 3815 38% . 385;
White Motors . cde At oot OoE RS
Wilson Pack. Co..| 46% 4555 4615 45%
xEx-dividend, 1% per cent.
§ e = "”."“”"""""'g
.No Markets Thursday |
.) G %
é Stock and commodity mar- ¢
? kets and banking institutions E
! throughout the United States ¢
) will be closed Thursday— §
ooy )
! Thanksgiving. $
§ .
3 All exchanges will reopen ¢
; Friday morning. {
§ The foreign markets will re- !
g main open. g‘
I AN~ AN A~~~
' Financial Sunshine |
) 2
$
3 Savannah reports the sale of
; a bale of cotton grown in !
y 1880, which has been held as
2‘ an heirloom, but was brought |
% out by the high prices. It is |
! said to be in excellent condi- |
, tion, grading about good mid- ¢
{ dling, with good, strong staple
! unimpaired by time.
} The highest price cotton sold |
% at in 1880 was 131-4 cents a |
pound and the lowest 101-2
E cents. 0
B i
J. F. CLARK’'S COTTON LETTER.
NEW ORLEANS, Nov. 28.—Overnighl
news presents the Russian situation in
a far more critical state than before and
London says it is one of the main cb
jects of the Paris conference. Wash
ington says official information points to
German influence in the Petrogad ad
ministration and the possibility of Rus
ria turning into an active ally of the
the Central Powers. All shipments ot
supplies to Kussia will be calceled igi
mediately, also from Japan. This would
indicate a further curtailment in the
foreign coasumption of cotton. Copen-:
hagen says behind the meeting of the
Seandinavian rulers lies the fear of Nor
way's entrance into the war, causing
complications and new issues in the war
situation.
Of strictly cotton news, there was the
report from Yazob City, Miss., that
since August i, 24,495 bales were mar
keted against 16,902 last year, showing
the larger yield in some localities.
General and heavier rains occurred
during the past 24 hours over Texas,
Arkansas ond western and northern
Louisiana, Indications are for unsettled,
rainy weather over entire belt: colder in
northern portion.
Our market opened 10 to 20 lowen on
unfavorable foreign. news, Jdiquidation
over holidaz and the indication of un
favorable weekly statistics on ¥Friday,
but the tactics of buying on all de
pressions has proved o profitable and
has become so generally adopted that
good support of this nature was encoun
tered on the break and the market re
covered to .ast night’s closing prices in
side the first hour. 4
Wealth and independence created in
the agricultural sections of the country
aduring the past two vears of high prices
for foodstuffs and cotton is a telling fuac
tor in support of the market, The spot
market is ceported quieter.
COTTON SEED OIL.
Catton seed oil quotations: SO S
' (lpiflllg_ Closing. =
Y .. TN A RS G 1 0
Jannary . ... .['18.30@18.40{18.30@18.40
February 178.25 18.25@ 18.40
March . . L 18.40@18.5018,34@18.40
April 18. 404 18.75 'R.3O@ 18.50
Masy 10.00 19.00
Decenbe: 18 20618.40 18.20@ 18.26
Closed steady: sales 1,700 barrels
' .
Pre-Holiday Selling and Unfavor
~ able War News Result in Mod
erate Dip—Brisk Rally.
NEW YORK, Nov. 28.—The weakness
in Liverpool attributed to increased
Southern offerings caused 4n easier
opening of the cotton market today
with first prices 5 to 23 points net low
er. After the call the market broke 9
to 1% points from the opening on cone
tinued active selling by wall street and
| houses with Wegtern connection. De
| mand was Jess active. Much of the
selling was in the way of realizing over
the holidays and unfavorable war news.
An active demand from trade houses,
‘however, stehdied the market an& be
fore the end of the first hour's trading
the list had recovered the entire de
cline, but immediately reacted 5 to 10
points from the top levels,
Exports (oday were 23,307; coastwise,
11,617; week, 65,00, a%amst 145,000 in
1916, Port stocks, 1,209,359, against 1,-
lo]a.ms in 1916 and 1,474,946 ix;'l 1915.
The market ruled dull wit prices
within a few points of the early low
levels during the earl{l afternoon,” trad
ing being entirely preholiday.
During the late trzydin§ a prominent
spot broker ran in a lot of shorts by ac
tive bidding, resulting in the list rising
sharply. January rose from 29.23 to
29.42 and March from 28.81 to 29.06.
However, scattered realizing just before
the close, checked the rise and the clos
ing tone was easy, with prices at a
net decline of 6 to 15 points from the
closing quotations of Tuesday.
: S:(»)ot cotton was quoted unchanged at
1.20¢ .
_Semi-weekly movement: Con
.. e T OE ARG 1
Weceipts ...........|146,691/140,526 113,296
Shipments .........[116,602/124,573] 85,220
Stocks _............[T62,653 930,540,533, 452
NEW YORK COTTON FUTURES.
5] 8% 12 ¢ | ¢
Lot d Bl dEoE d ] g 8
|Dc 30.20,30,22/30.05/30.13/30.13-1430.25-30
Jn f29.:5 29,44/29.09 29.34/29.31 —34‘29.33-42
BD /T 4GI asdordnl Oos]atan. - Tl O
Mr 28,72 2.05|28.72)28.88,28,85-92 28.95
AW VOl 4 s 11850
‘My 28.50/28,72/28.46,28.62,28.59-63 28.65-68
‘Je sy el b 0 BioeG[ cs oR B 128.46
{Jy |28.41 _28.47&28.22,28.40‘28‘33-36‘28.40—42
Ag ..ol il v S2B 05 OISR 14
{c_126.9026.55]26.50(26.95,26.80-85 26,95
Closed easy.
St L 8 Lt .
NEW ORLEANS COTTON FUTURES,
i § 6 ne o e e : 9
' l§ |'§ni Ejig| 2 l 58
= o o p
sl _;_A,_-.LS,_ _,3 n-O AW 3
ch [28.73)28.73(28.65/28.70/28.66-72|28.77
Jn [28.26(28.41/28.16 ‘_’8.35\2&3440‘28.34-39
‘IO aey , viee1e....|28.34-38128.34-3Y,
Mr [27.85)28.00127,75/27.92(27.93-97 27.95-98
AD 00l diio b L2T 9800007, 9008
My 2§.65/27.87/27.64 27.82/27.81-82 27.84-87
Jy [27.65/27.74127 50'27.69 2’1.66-63‘521.70—71
0c_[26.04/26.10126.04|26.10,26.02 _ 126.20-35
Closed barely steady.
| LIVERPOOL SPOT COTTON.
LIVERPOOL, Nov. 28.—Spot cotton
was steady. Prices steady. Sales, 4,000
bales. American middling fair, 23.88;
good middling. 23.08; middling, 22.47;
low middling, 21.95; good ordinary, 20.95;
ordinary, 2(0.42.
Futures opened easier.
New Contracts.
. Prev.
Open. Close. Close.
January ... .. 22.46-44 2236 23.§3
PIEDEUATY 1 i o 0 iiis s raderd gt - BEAL
|March.” .70 U ld24g 0 28 B
April o, L. oaond s SRS EEA
May .. Voaawa 20480 -24 980 824 N
Old Contracts.
November.. .. .. ..21.30 21.00 21.30
'No\:—l‘fn... ot oo 0 20:90- 220,80 20.90
tDec.=Jan... §. .. 21k 20.65 2075
I.lan.~Feb..: Sor ki 400 20.55 20.65
Feb-Mch... .. .. ..¢0.066 20.46 20.56
Mch.-Aprél- .. .. ..20.4% 20.37 20,47
April-MAY .. .. .20.88 20.49 20.39
May-June .~ .. ..20.31 20.21 20.31
gune-July .. ../ 7»3q0.28 20.13 20.23
Closed quiet.
SPOT COTTON. -
{ Atlanta Commercial Exchange quotes
{ good middling, new crop, firm, 30.15.
Atlanta Wareholise Company quotes
good middling, 30/ 3.
New York, middling, 31.20.
New Orleans, steady; middling 29.13;
sales 436 bales.
Charleston, middling, 29.
Liverpool, good middling, 23.00 d.
| Wilmington, middling, 29.
|11&_';;)rfolk. steady; middling, 29%; sales
,158.
| Savananh, steady; middling, 29.
'1 .;-}‘l_lgusm, quiet; middling, %9.63; sales
olb,
Philadelphia, middling, 31.45.
Boston, good middling, 31.20.
Little Rock, quiet;. middling, 29.38;
sales 879.
Mobii&, quiet; middling, 29.62.
GalveSton, middling, 29%.
St. Louis, middling, 29%.
Montgomery, firm; middling, 21%;
sales, 134.
Dallas, steady; middling, 28.30.
Memphis, steady; middling, 25%.
Houston, steady; middling, 23.80.
COTTON PORT RECEIPTS.
The following table shows receipts at
the ports today compared with the same
aadilastiovelne T L
woieada eO] RN I
New Orleans . , -] 10,261 | 12,447
Galyveston . & . . . sll7 | 10,716
CRORItae el LR 439 | 1.347
|,\‘:L\'umuh. e 5,068 6,795
Charieston ~ . . .. 568 1,362
Wilmington . . . .} 1,163 197
Noßfall, v 00l 7,886 | 5,361
i.\'z\v FOME 5w 1% 4 105
Boston. . Ao 1,768 465
Philadelphia . . .| 638 | - 263
CRotaly vl L oave o BGAN N 45 160
INTERIOR MOVEMENT.
: e cfomw . aol
[ Houston .&. ..| 10,187 14,895
14\11;.:\1.«'!:1. o 3,812 1,878
{tMemphis. ... .. 6,451 | 1,180
TN 22,184 | 3,259
Cincintatl . . . 1,613 | 1,392
Litwe Rock . . ;.0 &794 ' 1650
Foges et T SGORL L a 0 and
_ATLANTA QQTTON"STATEMENT.
\\'t-dm-mi;fy. = ¢ . |Bales
PRGN o I T i LG ]Bl
’.\'l'i;x:u-:ms” A RSP S e B
l.\'ltal-krj., Lo iWkLU S o A 148
!ATLANTA COTTON SEED PRODUCT
I Crude oil, Lasis prime-——Novembher and
December, 1.25@1.27.
Cotton seed 7 per cent ammonia—No
vember and Deécember, 48.25@49.50
| Cotton sexd mecal, T per cent, Georgla
'xu!!!‘HU.i rate point-—November and De
| cember, 48.00@ 19.00
| Cotton seed hullg, sacked—-November,
| December ana January, 2250@23.50 :
Cotton ced hulls, loose—November
and December, 19.006 20.0.
Linters, clean, mill run—November
Imul December, S@HY%«
MEMPHIS COTTON SEED MEAL.
(‘ctton ed meal, 7T par cent ammo
nia o 16. 05 @ 48. 04 December,
12 20@49.25 3 3anvary, 46.95@48.0: Febru
pary, 46.956048.00: Marct 47 0041 51.00
Tone Isier: sales, 300 tons
v E
AW SWAMPED
WK TURE
Produte Row was swamped with bus
iness ,\\'ednesday—’l‘hanksgiving_ trade.
Every dealer on the Row received large
shipments of turkey. Prices were quot.
ed unchanged. However, each ship
ment wseceived contained a few low
grade birds, which were sold below top
prices. The bhest stock brought 356 to
37% cents for dressed and 30 to 33
cents for live. Hotels, restaurants and
cluhs were the heaviest buyers,
__C.-J. Baisden Produace Co,, Thom&?on
li’roduce Co., McCullough Bros., il
llams-Thompson Co., Mé\'{illan Produce.
Co. and the 'Manhattan ¥ruit and Pro
duce Co, reported the demand far in
excess of a vear ago,
Williams-Thompson Company receiv
ed a heavy express shipment of Louis
iana bunch vegetables, selling readily
at from 40 to 80 cents a dozen, bunch
.es}: also a large shipment of Florida
Irish potatoes.
Bell Bros. received a car of Georgia
‘‘vellow vams,” meeting good demand
atFpravalling prices. >
oll®wing e wholesale quotations
for Wednesd‘g:
POULTRY, BUTTER. EGGS.
(Corrected by the Fidelity Fruit ano
m(oduce Company, U. Food Admin
istration License, No. 10 )
g“wii‘mfih ggun:"y. MR ot
—Fresh gather emfi, t receipts,
%)g;s’ele"t No. 1 candied, 55; storage, 37
C.
Dressed DToultry—Undrawn, head and
feet on, per gound:
Friers, 32@36c pound.
Hens, 27%5‘001;& I)Ouml,t
Roosters, . young stams, 25¢.
- Turkeys, 35@37%c pound.
- hive Poultry:
ens--26@26¢ pound. i
Friers, 28@30¢ pound. "
Roosters, 15¢c per pound.
Puddle ducks, 25¢ each.
Guineas, 26c erch.
Turkeys, 20@A3¢ pound. .
SQUASH-—£3.006:3.50 per crate.
: VEGETABLES.
SNAPBEANS—S4.OO@S,OO.
“ WEdsTERN CARROTS—3% cents per
pound.
' EGGPLANTS-—54.00 per crate,
LETTUCE—Head, $1.25 per dozen.
'+ CELERY-——-$1.25 per dozen,
B&LL PEPPERS—S3.SO@4.OO. per large
cra
ONIONS—Yeltow and red, 100-ppund
bags. $3.75; white, S4OO.
bSXVFET POTATOES—SI.26@I.36 per
ushel,
IRISH POTATOES—New crop 2% @3¢
per pound.
CABBAGII—2@2%c¢ r pound.
CANADIAN ’T‘Uft!\*fS——%c per Ib.
- CRANBERRIES—6O 70cyper gallon.
CALIFORNIA BLACK EYED PEAS—
11c, per pound.
CALIFORNIA LIMA BEANS—ISc per
pound.
FRUITS.
GRAPEFRUIT--$3.75@4.00 per crate.
bs%%:g&:s~2o@2sc per basket, Kkeg,
PEARS -$2.75@3.00 per box; seckel,
$3.50 per basket.
~ COCOANUTS—SB.SO per =sack, 100 to
‘each sack.
. RAISINS—S2.2S per box.
' APPLES—Fancy, $7.25 per barrel;
ehoice, g;oo ger barrel,
LIMES-SI.OO %‘er 100; SIO,OO per h\&
ORANGES—California. per box. $4.
@4.26: Florida, $3.756@4.00.
BANANAS-—3% @3%c per pound.
LEMONS—24.OO@6.SO.
A TR
LOCAL PRODUCE PRICES.
Following information coilected by the
United States Department of Agricul
ture, Bureau of Markets, Atlanta
branch, show jobbing prices, namely:
lg:ss carload prices o\n large lots to job
ers:
APPLES—Arived 1 Georgia. Demand
very limter, movement draggy, market
glutted, quality and con&ion wide
range, Virginia No. 1 fancy Yorks, out
of storage, $5.50. Choice out of stor
age, $5.00; No. 2 Yorks, $3.00@3.50, Al
bemarle Pippins, ungraded, 2-inch up,
$4.00. Fancy- No. 1 Winesaps, $5.50@
6.00. No. 2, $450@5.00. Fancy No, 1
Black Twigs, $6.00. Various varieties,
ungraded, field run, drops, $2.00@3.00.
CABBAGE—Demand and movement
improving, market sirengthening ac
count of eleaning up, quality and condi
tion generally good. Wetsern Holland
seed, 100-Ib. crates, $2.25@2.40, mogstly
$2.25; trimmed, $2.15.
ONIONS:-No fresh arrivals. Demand
and mogemont moderate; market weak;
quality and condition variable; western
10-Ib. sacks Reds, $2.80@2.90; few bhest,
$32.00. Californias, 10-Ib. sacks Yellows,
irregular sizes §3.0.
WHITE FPOTATOBS-—Supplies ade
quate. No fresh arrivals. Demand and
movement good, market fair account of
variable quality offerings, wide ran%e
quality and condition. Western, 100-Ib.
S:t«é}r\')s Rurals, $240@2.50; few bests,
9 S "
P EWERT POTATOES - Arrived 1 Geor
gia. Homegrowns, no supplies. De
mand and, muvement good, market
strong. Georgia: Porto Ricans, sack
ed, per bushel, $1.15@1.25.
LIVE STOCK MARKET.
CHICAGO, Nov. 28.-—Hogs—Reoceipts
35,000. Market slow and steady to bc
iower. Mixed and butchers, 17.15@17.95;
god and heavy, 1720@17.90; rough
heavy, 17.20@17.40; Ilight, 16.60@17.75;
pigs, 13.00@15.75; bulk, 17.356@17.35.
Cattle—Receipts 25,000. Market
steady and shade lower. Beeves, 7.30
@14.75; cows and heifers, 500@11.60;
stockers and feeders, 6.07!’11,1«; Texans,
6.15@13.60;: calves, 7.50@13.50.
Sheep—Receipts 14.000. Market
steady Native and Western, 8.75@
12.70; lambs, 12.50@17.00
ST. LOUIS, Nov. 28 .—Cattle—Retv
ceipts, 4,500, including 200 Southerns;
market, steady; native beef steers, 8.00
@15.75; yearling steers and heifers, 7.00
@15.50¢; cows, 5.00@11.00; stockers and
feeders, 6.50@11.00;: calves, 6.75@10.50;
Texag steers, 9.00@12.75;: prime South
ern Steers. 6.00@10.00; beef cows and
heifers, 7.50@10.00;: prime yearlings and
heifers, 7.50@ 1000,
Hogs—Receipts, 13,000: market, 5@
10¢ higher; mixed, 17.40@17.75; good,
17.70@17.75; rough, 16.85@17.15; lights.
17.40@17.60; pigs, 16.00@16.75; ulk,
17.40@17.70.
Sheep — Receipts, 2,600 ; market.
steady; ewes, 10.00@11.06; choppers and
canners, L.00@&.50; lambs, 13.00@Q 17.00;
wethers, 11.00@12.60.
CAR SHORTAGE ACUTE.
Reports to the American Railway As
sociation from all roads of the country
show on November 1 the excess of un
filled orders amounted to 140,012 cars,
an increase of 25,104 cars over the same
day last year.
Of this number 97.000 cars arve called
for in other parts of the country than
the congested region east of Chicago
and north of the Potomac River, where
'the abnormal war busineSs is heaviest.
- Many orders could be filled if the cars
now delayed in the congested regions
coulgl be released
. The Railroads’ War Board is now ap
‘pl\m,x; extraordina _\'{;mnwlivs in the en,
deavor to <t‘4'L»:l:jAlt~i this
| METAL MARKET.
" NEW YORK, Nov. 28.—Tin, nominal,
80 bid L.ead, quiet;: November, 63§
bid: December and January, 6% @65
Spelter, quiet: November and December,
1 T L January, TS Copper un
FARM VALUE OF COTTON SEED
-ON OCT. 15 WAS $65 PER TON
According to the ‘“Monthly Crop Report’’ of the United States
Bureau of (rop Estimates of the Department of Agriculture, the
estimated value of cotton seed on the farm oun October 15 was
$65.02 per ton, as compared with $47.19 the same date a year ago.
The price of the seed in Georgia is the second highest of any
State in the cotton belt, being $67 per ton, as compared with
$52.45 in 1916. South Carolina leads the list—s69.2s, against
$63.10 a year ago. £
| Following shows the price in each State compared with a
year ago:
| Cottonseed, Per ton.
| 1917. 1916.
fiNowth Oatioline ..., 00l i b 300 10 $49.60
SR CPBLNR | ..k et e s itsers BBEE 53.10
QUOTER U kAR N e s B 0 52.45
IO oe N e e 43.80
UCOMBEARE .., . ... bcaikecadhiiinivr s BBY 47.80
Alphaaan s el a 0 BT 50.00
INGIRRINEINDY o oki e T v BAAD 47.10
NOWRIENN 0o s R e 45.00
TR oo R e R 42 .40
QRIEEOEI . o a 8 42.60
T dio TU B A SN eS U Ve L , 4410
Tnmmbd SIATAR ". L 2 iee eGI $47.19
: i
' ' ' o
Argentine Grain Shipments Limit
'
ed—None Available From 1
Russia and Roumanaia.
By BOERSIANER.
CHICAGO, Nov. 28.—A further gain
early in the sessiop by the industrials
was considerably more than lost in yes
terday's late transactions. The fluctua
tive course of this group is indicated by
Steel's rise to 99 and close at 97%. |
Martial, political and industrial cor
poration news favored the imitial bet
terment. Banking advices suggested a
weakening of the Rolshevlk‘t govcrn—i
ment, with corresponding defections
throughout Russia. On the Italian front
the position of the enemy appeared to!
have become worse. karnings state- |
ments by several specialty companies |
were highly satisfactory. ‘
But the weak link from the outset—
the rails—finally told on the entire list.
Continued and increasing liquidation of
railway shares at length prevailed,
The merger of interests ordered by
the Government is regarded with mis
givings by a sufficient number of rail
road stockholders to force renewed de
clines. This action, though favored by
railroad operatives as not only making
for efficiency but for larger revenue
also, is read by some securitics holders
as preliminary to Government control.
Europe Owns Her Rallways.
Government supervision or ownership
is to too many dkvidend-dra.w;ers and
coupon-clippers interchangeable with
socialism, notwithstanding that Conti
nental Furope has owned her railways
for decades and that Great Britain has
r‘ontrullg her transportation system for
three years. ‘
If the Government decides to take!
over the rails, temporarily or perma
nently, the transfer should not be a
hardship on stock and bond-holders any
more than it has been to the owners of |
British railway securities. Ample pay
ment or guaranty is a matter of course‘t
In the foreign exchange market Ital
fan lire were the salient feature. An|
advance of 43 centimes was recorded. |
The rapid rise from last week's level
finds a fund%mental explanation In the
most agreeable recovery from the fright
ened assumption that the Austro-Ger
man army would speedily penetrate to
Rome. Instead of that, the enemy's|
forces have bheen effectively halted on
this side of the Pb Valley. |
Furthermére, the Italian Government
yesterday issued a decree prohibiting
the exportation of all classes of securi- |
ties and inhibiting the extension of com- |
mercial credits abroad, save in the pay
ment for merchandise. |
The Ttalian grain harvest was disap- |
pointing. Tt was 20 to 23 per cent below
last year's yleld. |
Italy Needs Wheat. |
The crop was least bountiful in the
South. Tha supply has been hampered
by the difficulties of railway and motor
transit and by the lack of shipping, al
though the Allies, especially this coun
try, are maklni extraordinary efforts to
meet this need, Ttaly’s chlef foreign
sources of wheat and corn were Russia,
Roumania and Argentine. The two first
named are now completely cut off, while
frora. the Argentine” grain shipments
‘have been limited.
But before the unity of Italy the con
sumption of cereals was considerably
below the present annual average, and
no people is more enduring or at heart
more patriotic. B
Apart from the food difficulty, the
economic position is unusually strong.
There has been a steady increase in
revenue since last June. In the Ifalian
Chamber Signor Carcano stated that, of
the actual revenue in the current year,
3.000.000.000 lire comes from taxation,
During the past two vears, he said, the
savings bank deposits have risen by
2.500,000.000 lire; at the end of 1916. their
tntal wnos between 5.000,000,000 and 6,-
000.000,000.
The masses are able to spend money,
for the State tobacco monopoly, having
put up its prices. had for the past quar
ter a revenue of 221 per cent over the
corresponding period of last year an”
50 per cent above that of the year b
fore. The revenue from the war profit=
tax largely exceeds the estimates, and
when the many contested cases are set
tled the excess will N greater still,
HUTTON & CO.’S STOCK LETTER.
NEW YORK; Nov. 28.—A number of
years ago the American Can Co. was
kicking around the street at the same
price that American Hide and Leather
common is today. Some rich men dis
covered its potential value, it was ac
cumulated as American Hide and
Leather comon is being accumulated to.
day, and one day the street woke up
to find a very active and advancing
stock where there had been a sluggish
and dull one. The position of Hide and
Leather is this: ‘““There were originally
issued $9.000.000 in honds The com
pany owns practically $£6,000.000 out of
this $9,000,000 issue. There are 125,000
shares of preferred issued and 115,000
common. In two vears the bonds fall
due. The sinking fund will cancel $900,-
000 of the issue. This will leave about
a little over $2,000,0060 in the hands of
the public. Takipng the earnings for last
year, and the company we expect for
the present year will earn much more,
as 4 basis of earnings for the two fol
lowing years and after alowing for $5
dividend per annum for the two years,
the company will be able to retire out
of surplus earnings its entire bonded
issue
COMMERCIAL BAR SILVER.
NEW YORK, Nov. 28.—Commercial
bar silver is um-hang'-d( at 84'4c.
\
d s
§ Billy Sunday
¢
. Takes Rap at
) .
. Wildcat Stocks
E ILLY SUNIDAY has about as
B much use for a fake mining,
$ copper, oil stock or other
3 such get-rich-quick schemes as he
has for a rattlesnake.
2_ “The people of Atlanta have
{ thrown enough money away by
’ébuying cheap, no-account mining,
; copper and 01l stocks to more
{ than pay for this Tabernacle,
{ and ‘then it hardly would ba
gmis‘sed," shouted Billy, in one of
§ his recent sermons. “I'm just tell
ing you,” he continued. “Take my
advice, or not, I'm just telling you.”
This coincides absolutely with
the policy “of the advertising de
partment of this newspaper.
No advertisements whatsoever
of this character are carried in the
columns of The Georgian and Sun
day American.
$ Nor do The Georgian and The
\g American print news stories or
) special articles of any character
l'{ that are influenced or colored, one
§ way or the other, directly or indi
firecfly, by advertisers, present or
; prospective. Its financial news and
) advertising columns may be de
pended upbn as being free from
§ publicity for wildcat schemes.
High Spots in Finance |
[ Interboro Consolidated Cor
poration has declared the reg
-5 ular quarterly dividend of 1!/
§ per cent on the preferred, pay- |
able January 2to stock of rec- |
ord December 10.
* 3
$ Interboro Rapid Transit has ¢
declared the regular quarterly
dividend of 5 per cent, payable
January 2 to stock of record
December 20. 5
- . -
Booth Fisheries has declared
the regular dividend of 13-4
5 per cent on the preferred and
50 cents on the common, pay- |
able January 2to stock of rec- 2
ord December 20.
. * .
3 The average price of twenty
industrials 73.80, off .23; twen- g
ty active rails, 77.13, off 1.00. ;
A
COTTON MARKET OPINIONS.
Jelks, Gwynne & Co.: “We do not be
lieve values are likely to work mate
rially lower except for temporary pe
riods.”
’* - .
~ E. F. Hutton & Co.; "Late advices re
\ported a somewhat easier basis in the
'Southwest, but this likely in the lower
grades. The trend of prices apJ;ear up
ward, but with exchange closed Thurs
day some further liquidation is looked
for Wednesday. The market, however,
‘displays a strong undertone on all re
cessions.”
NEW YORK PRODUCE MARKET.
NEW YORK, Nov. 28.—Petroleum,
}slewly; crud: Penngylvania, 3.50.
Turpentine, firmer, 52% @53.
. Rosin, easier; common, 725@7.30.
- Wool, firm. Domestic fleece XX Ohio,
704 puled scoured basis, 1.10@1.80;
yared basis, 1.00@1.70.
;. AP Native sters, 34%;
b. « Leers, 29%.
Colfee, easy. Options opened 4 to 8
points lower. Rio, No. 7 on spot, 7% @
T%.
Molasses, tirm. New Orleans open ket
tle, 53@58; black strap, 28@32.
. Raw sugar, limited supply. Centrifu
gals, 6,90; molasses sugar, 6.02.
Refined sugar—Some Russian sugar
goes to France. Fine granulated, 8.35;
cut loaf, 9.85; crushed, 9.60; mold A,
8.85; cubes, 9.10; powdered, 8.45@8.55:
diamond A, 8.35; confectioners’ A, 8.25
@8.35 sefts, No. 1, 8.20@8.35. (No. 2
is 5 points below No. 1 and Nos. 3 to
14 are each 5 points lower than the pre
ceding grade!)
Potatoes weak. Nearby white, 250@
4.50; Southern sweets, 2.500 3.50.
Beans, firtn. Pea choice, 14@14Y; red
kidney choice, 153, @l6.
Dried fruits, easier. \pricots, choice
to fancy, 16% @31%; apples, evaporated,
prime to:fancy, 16@17; prunes, 30s t«
60s, 11%@13%; 60s to 100 s, 83 @11:
peaehes, choice to fancy, 111, @l3; seed
ed raisins, choice to fancy, T%@ll.
GRAIN MARKET OPINIONS.
Ware & Leland: “Should movement
of corn increase sufficiently to press
cash values, the futures very likely will
sustain some decline.”
vy 9
Bartlett, Frazier & Co.: “The infor
mation that the Food Administration
will preference to cars for movement of
grain will probably result in lower val
ues for corn.”
T Sl
Ei.\/\,\.‘ \:\-\F\\v\ ‘\\\ N "'\l_'\:; \
L ‘}\‘ .-'.é::-‘\'\?:“ NN
2B
St Drsoras
¥y
g
. [’3
-
] |
U| . ;
-
Mess Pork Climbs to sso—No
Cash Sales of Grain—Dark
ness Prevents Inspection.
CHICAGO, Nov. 28.—Provisions were
sharply higher at the opening of the
market here today and the market W‘a
stronger. January lard was up 20 cents
at the opening and pork showed a gain
of 30 cents.
The advance In meats in Liverpool
was a factor. " s
The corn market was quiet and eass
with prices 14 to l%c lower at the opens
ing. Buying by local traders, howg&er
resulted in a rally that advanced May
to above the previous close.
Trade in oais was l‘i&ht and opening
lprives showed a small decline. The De
cember-May s?reud narrowed slightly.
Corn closed 43¢ lower to % @%e high
er and oats were unchanged, on the
Board of Trade today. ¥
There were no sales of cash grains to
day, as it was impossible to inspect the
grain owing to the darkness.
There was a sale of mess pork today
at SSO, which is the highest price ever
recorded in the Chicago market. This
pork will be “stripped” and merchan
dized. The export takings of meats and
lard during the last few days have
been the largest In the history of the
trade.
Hog products were all higher, pork
Ooc, lard 32% @4s¢c and ribs 37% @s2¢.
Grain quotations:
Previous
High. Low. Close. Close.
Dl il 1 1.24
RS % i ¢ .23% 1.2415 2414
Jon. .. loR HB 1% I 8
May.... 1.19% 1.1815 *1.19 1.18%
OATS—
De 0..... u 713 72 72
May.... 0% 6914 697% 6934
PORK—
Jan..... 48.57% 47.76 48.35 47.45
LARD—
Jan..... 25.52% 25.00 25.35 24.90
May.... 25.40 25.00 25.221%, 24.90
RIBS—
Jan..... 26.25 26.05 26.05 25765
May.... 26.06 25.70 25.90 25.5215
NORTHWESTERN CAR RECEIPTS.
Wheat— Wed. Last week. 1916.
Minneapolis .. ..208 399 349
SRR e 92 148
Winnipeg .. .. .08 1,078 913
A CHICAGO CAR LOTS.
CHICAGO, Noy. 28.—Following are re
ceipts for wednesday:
WHERt ~ &30 0 L. e, 27
QORN &, wolviiel v vttt s D
IR .0 o 4 4 e v il Moo i
FARRE L e Tls T
CHICAGO CASH QUOTATIONS.
CHICAGO, Nov. 28.——Corn—No. &
mixed, 1.45; No. 4 mixed, 1.79; No. 4
white, 1.72; No. 5 yellow, 1.70@1.80; 'Na.
5 mixed, 1,70; No. 6 white, 1.45@1.55
No. 6 yellow, 1.60@1.65.
Oats—No. 2 white, 75%; No. 4 white,
74%. ¢
ST. LOUIS CASH GRAIN.
ST. LOUIS, Nav. 28.—Cash—No. 2
corn mixed, 1.73; No. 4 mixed, 1.63: No.
3_yellow, 2.04; No, 2 white, 1.83@1.85-
No. 3 white, 1.79@1.80.
Oats—No. 2 mixed, 74‘/?@75: No.~ &
white, 75‘/:@7§; No. 4 white, T 4 @75%
it GYS LRI
KANSAS CITY CASH GRAIN.
l _KANSAS CITY, Nov. 28.—Cash Corn:
No. 4 mixed, 1.55; No. 2 white, 2.00.
Oats: No. 3 white, 74%,@75; No. 2
mixed, 73@73%.
CHICAGO PRODUCE MARKET.
CHICAGO, Nov. 28.—Butter: Receipts,
7,619 tubs; creamery extras, 46@46%;
extra firsts, 4415 @45; firsts, 39@42; pack
ing stock, 31@32. .
liggs: Receipts, 6,274 cases; current
receipts, 42@47%; ordinary firsts, 42@
45; firsts, 46&?@48; extras, H3@54;
checks, 26@27; dirties, 25@26.
{ _Cheese: Twins, new, 23: dairies, 2414
Young Americans, 25%; Longhorns, 26:
brick, 27@27%.
Live Poultry: Turkeys, 23; chickens,
15; springs, 18%; roosters, 16; geese, 17
@18; ducks, 18@20. :
Potatoes: Receipts, 16; Minnesota.
Dakota, Ohio, 1.70@1.80; Wisconsin, 1.70
@I.BO.
THOMSON-McKINNON ON GRAIN.
CHICAGO, Nov. 28.—Corn: The im
portant item in corn Is transportation
problem and yesterday’'s offlcgd an
| nouncement that corn and ocats would
hold equal place with wheat in nove
ment will Prnbuhly bring more or less
scattered liquidation.
STOCK MARKET OPINIONS.
Harris, Wlnthro{) & Co.: ‘“‘Uncertain.
ty as to just wh‘? will be the result of
the pooling as the railroads 'Fas the
main cause of the recesslon Tuesday.
The situation abroad, except in the case
of Russia, continues favorable.”
A. Lipper, & Co.: “There is nothing of
any importance pnew in the stock mar
ket situation. 'lgne probabilities are in
view of the holiday not much of a mar
ket can be anticipateda The heaviness
cf rails is holding the rest of the mar
ket in check. There may he some real
izing Wednesday and on any reasonable
declines stocks like United States Steel,
Smelters, Anaconda Copper, Missouri
Pacific and Studebaker can be bought.'
S. Boche & Co.: “Would buy on reac
tions for turns.”
NEW YORK CURB MARKET.
The curb market opened irregular and
closed irregular.
STOCKS— Opemgg. Closing.
ey ey ' 66 @ 67 68
United.., . .l 16%@ 17 16 1614
Bhit.-Am.' Tob. 16 "@ 17 16 17
Alaska . . . .30 @ 4 30 840
Hecla Mines . 4%@ 5 4% 5
Lake Boat . . 3% @ 4% 3% @ 4%
Marconi . . . 4@ 2§ zxé 26,
Nipissing . . . 834@ 8% 81 83
Sub. Boat ~ . . 13%@ 14% 14, @ 14
S.O. New Y0rk.259 @263 259 @263
S.O New Jer. .517 @523 517 @523
| 8.0. California. 229 @230 227 é.’w
| S.O. Indiana .630 @645 630 @645
| Prairie . . .430 @440 430 @440
Ohio Ofl . . .298 @304 297 @304
Indiana Pips . . 87 @ 91 87 @ 91
Houston Oil .. 23% @ 24% 23%@ 241
Coaden Ol % . ... aik 7%% 7%
Anglo-Am. Oil . 18 @ 18% 18 181,
Unijon Tank . .86 @B9 8 @B9
Ssvoy Ol . ;. .1 & 3 7. @ 8§
Victoria Oil . . 3%@ 4Y% %@ 4,
Inter. Pete .12 @ 12% 12 @ 12%
MONEY AND EXCHANGE.
NEW YORK, Nov. 28.—Call money on =
the floor of the New York Stock Ex
}"hzl!:‘,;c' today ruled at 31 per cent;
high, 4 per cent; low, 3 per cent. Time
| money was dull. Rates: Sixty days.
5% @Wale per cemt; 90 days, 5% @5% per
| cent; four months, 53 @51% per cent:
five months, 5% @5% per cent: six
lmumfmx 54 @5 Yper cent.
f The market for prime mercantile pape;
| was quiet. Call money in London toda:
! was 3% per cent.
| Sterling exchange was steady, with
lhn\‘im'.\'s in bankers' bills at 4.75 3-16
{ for demand; 4.711,@4.71% for 60-da:
liJJII<.\ and 4.69 Y @4.69% for %0-day bills.
‘ THE WEATHER.
| Forecast by States.
l Georgia—Partly cloudy tonight and
| Thursday; probably local rains in north
i portion; warmer tonight in the inte
rior.
South Carolina--Generally cloudy tos
night and Thursday; probably local
rains; warmer toright in the interior.
Alabama-—North portion rain tonlght:
IWhursday probably fair; slightly colder;
south portion cloudjg tonight and Thurs
day; probably min.&