Newspaper Page Text
THE ATLANTA GEORGIAN.
Caused a Sharp Advance for
Cotton in. All Specula
tive aMrkets.
advance held well
Buying of Good Character.
Frost Predicted for East
ern Belt Tonight.
york. Oct. 10.—The weather
• ' tW , morning showed froet at
ZL h l, and In part* of the western
T and this news caused the local
" ton market to open firm. Bull trad-
r* unloaded, and In consequence the
immediately declined.
SPOT COTTON MARKET.
.. .„„„t utrndr: middling uplands 6.19d;
American 4,300; receipts 6.006;
fmerlwi 6'S00?speculation and export 600.
^ms.Sid/stiOHc.
New York, lo5ic
t Orleans. Arm nt 10%c.
Aufium. sli«dr at 101M6C.
snrnnmili, »'™dy ‘.A jJA 616 ^'
!l;ren:Kly n 'ntgl6c.
.Vl^ e
Baltimore, qolet « »»
Norfolk, steady nt lOftr.
Mobile, nrmst'b^ 0 :^
Charleston, flrni nt W7»c.
TODAY’S PORT RECEIPTS.
Tk. following table shows -ecelpti at the
,„Tti S” ctmptred with the <nn» day
■it jesr:
New Orion ns.
Galveston. . ■
Mobile. . . •
Hnvfliinnh. . .
Charleston. .
Wilmington. .
Norfolk. . . •
Philadelphia.
Total.
7012
18876
1881
INTERIOR MOVEMENT.
The following tshie shows receipts nt the
Interior towns todny. compared with the
uune day laat yenr:
23079
8736
4238
NEWS AND GOSSIP
Of the Fleecy Staple.
Private Wire to Glliert ft Clay.
??• 10. -Liverpool opened
u j? on octlre months. Wn« due
SKut a«ib hlgh«. *"• W * * hould opeD
Rdorn crowd all short on the theory that
' ‘* “'wars wife to sell the market on
ie Js?. 1 fr . 0,t , I ! ew *- and In thw event
^„ld n “d n va1»? 0la ' VMtber - tlllnlt niarket
* Jou f nal Commerce «ay«: "The
diaitrtct outwardly was quiet yesterday, but
It was stated In several cotton roods
houses that a lorge volume of trade Is be-
; n S put through for spring. The mlscel-
laneous export trade holds up well, the
w * e *s business showing an Improved de
mand from Brasil. Australis, the Red sea
and some of the Islaud ports."
New Orleans. Oct. lO.-Llrerpool at 2 p.
*•" ged Is an excellent mar
I points lower. We should
"The market feels the
uneasiness exists thut the cold wave
|,,H Jf reach further South. Shorts have e
ered extensively, and good buytug atti
uted to outside Interests hus been noted.
Market does not act right. Looks like
the untlclpatory buying might have beeu
overdone. X
Brown bid 10.69 for 5,000 December, and
Gussonl sold him 5,000 December at 10.68
later on.
Liverpool cables: "Since the opening, the
market his advanced In consequence of
frost reports from Memphis aud Okie
homa."
Today’s map Is clear and exceedingly
cold. Light frost Is reported nt Oklahoma.
ChattiQf * " 1 * *
at Fort
materially higher market.
The western forecast indicates generally
fair and warmer weather throughout, ex
cept Louisiana, where lower temperatures
are expected, and Arkansas, where fr~** *~
forecasted.
The eastern forecast Indlcatea
Edited by
Joseph B. Lively
MARKETS
Mr. Lively’s twenty-live
years’ experience of wi
lting markets In Atlanta
and the South has mado
him a recognized au
thority in his specialty.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
Ight f<
•rgts, .
Tenn.; light frost
BrnwnvBle, forint
and Hernando, all In Tennessee.
Market has an excellent undertone, witn
very little pressure to sell and good sup
port noticeable on part of big bulls.
We understand spots are very quiet. Quo
tations, however, are said to be 3-16c high-
Privftte Wire to Ware A Leland.
New York, Oct. 10.—Liverpool opened
easy, 7 down. At 12:15 n. in., unchanged to 1
down, and steady. Hales 5.000 spots. 7 u
nt 6.19d. Futures due to come 2H&4 down,
- New Orleans. Oct. 10.—The market
nervous. It does not respond nny too well
to the attempts of the bulls to boost
rices. At least. 6.000 bales of spots and
o. b. cotton have been sold so far.
Gussonl Is an exporter and the
bales he sold Brown were probably hedges.
If they were, It means that he has bought
/ . -
NEW YORK
Tho following Is the range In cotton fa*
ture* In New Ytyk today:
! |
O El
fc
3
sill
a
Oct
Dec. . . !
Jan
Feb
March. . . .
May
June. . . .
July
10.70110.93
10.72 10.79
10.67 10.85
10.70110.91
10.79 10.79
10.8711.06
10.89 11.14
10.94 10.94
10.94jll.14
10.70
10.63
10J7
10.63
10.74
16.8)
10.90
10.91
10.94
10.93110.83-86
10.7910.81-83
10.75 10.76-78
16A2 10.82-86
10.78 10.92-94
10.99 10.90-11
11.04 11.04-05
10.94111.06-08
IU4|1M1-12
10.53-66
10.51-53
10.45-46
10.50-51
10.58-60
JO. 68-69
10.75- 77
10.76- 77
10.79-81
WEATHER IN COTTON BELT.
Texas—Sherman, light frost; Tyler. Tem
ple. Dallas, Ilelton, Houston, Fort Worth,
Sulphur Springs, Colorado, Stan” Antonio.
Stamford, Abilene, dear and cold; Cisco,
Illco and Dublin, clear and pleasant.
Mississippi—Meridian, Hattiesburg, Vicks-
burg, clear and cold: Jackson, Hear and
cold, light frost reported; Yazoo City, clear
and cold, light frost: Arnory, clear and
cold, frost; Tupelo, dear and very cold,
temperature as. good frost this morning;
Aberdeen, clear and cold, temperature 43;
t’crlntli, clear and cold, frost; Holly
Springe, clear and cold, light frost.
^Alabama—Huntsville, dear uml cold with
Tennessee—Fulaskl, heavy frost this morn-
WEATHER IN WHEAT BELT.
Extreme Northwest—Generally clear, 28
to nlwive.
Northwest—Generally clear aud colder, 12
I to 30 alwve.
'Vest and Southwest—Clear with lower
! temperatures, 18 to 38 above.
Valley—Generally cloudy, 24 to 40
nlujve,
WEATHER F0RECA8T.
Louisiana—Fair and colder Wednesday;
Thursday warmer In north portion; fresh
north winds.
Mississippi—Fair Wednesday; colder In
southeast portion; Thursday, fair and
In north portion; light to fresh
north winds.
-Fair nnd colder Wednesday;
fair; fresh north winds.
i*t Texas-Fair Wednesday and cooler
touth portion; Thursday fair uml warm-
Thursda
er: fresh northeast winds,
, V , st , loxas—l-'nlr and warmer Wednts-
ilnv and Thursday.
.'V*** Itorliln—Fnlr and colder Wednes
day, I Intraday fair; fresh north winds,
icanessee ami Kentucky—Fair Wednes-
"*•> !, nd ihurgdny.
h' 1 " ■’fir aiiil colder Wednesday and
1 hurs.iiiv; fresh northwest wind*,
sni ■?-i ,1 ' ias . ,,,, ‘l Oklahoma—Fair Wednesday
iuuisday; warmer Thursday.
NEW YORK COFFEE MARKET.
I? 18 11 ,tl1 ' oponlng runco anil clow
gj. ,bc York Voffeo market for to-
'•d steady.*
Oneplng
Itauge. '
.. ,.6.k)-6.45
.. ..J.45-6.50
*.*.6.55^.65
.. . .6.65
. ..6.65 6.75
.. ..6.80
.. . .6.8541.90
..6.99
....6.25-6.49
.. ..6.25-6.55
Close. ■
fittso
ittli
6.55-6.60
6.60-6.65
6.65-6.70
6.706.75
6.80-6.85
6.F5-6.90
6.904.95
ROOM OPERATORS
BID MARKET UP
New York. Oct. 10.—The Sun says: "The
outside public had little to do with the
market yesterday. Room operators bid It
up on the shorts, assisted by a frost
scare. When the deni nnd from this source
had been satisfied, the market sagged of its
Ight. The receipts show a tendeuey
.(•dieted for northern Texns, Arkansas,
iklnhomn nnd Indian Territory, the Wash
ington weather bnrenu was quoted ns stat
ing that only light frost was indicated. If
nothing more than that happens, a decline
will not l»e surprising. Several small shorts
in Alexandria, Egypt, went to the wall,
which partly accounted for the strength
of the Liverpool market, but certain oper
ators here Incline, nevertheless, to the
short side on the ground that tbe crop
damage has 1»een overestlmotod and the
recent ndvnnoe overdone. Wall street aud
Liverpool bought to some extent, but for
the most part the advance was credited to
‘ .. . . n f rooin operators. The westh
Is morning will probably decide
.... of prices. —Glliert & C'lny.
New Orleans. Oct. 10.—The Time* Dem
oernt says: "Yesterdny's cotton market
failed to attract the outside speculation
hoped for. nnd room traders who bought
on early reports of frost i»o*slbllltles, fail
ures on the strength of the —*
were glad enough to get out
In tlio late session, oven at
though the weather map
unde
sacrifice,
.... sufficiently
threatening to hold part of the day’s ad
vance. At the moment, the situation is
complicated to some extent by the strenu
ous demand for freight room, especially; out
of Galveston, nnd In order to facilitate
through shipments one Interior Texas rail-
road naa tost routed 2o.0f» bales by way
of New Orleans. Meanwhile, ocean freight
rates are climbing. In so far ns current
speculation Is concerned, the terms bull and
Iienr have lost their wonted character, and
professionals now prefer to get lu and get
out ngnln with swift precision. In the
event today’s map falls to show geuulne
frost over portions df Texns and the ter
rltorles. fresh selling pressure will probably
Ik* encountered because the, mnrket Is very
largely a weather uffolr. —IN ore & Le-
laud.
QIBERT & CLAY'8 DAILY
COTTON LETTER
New Orleans, Oct. 10.-The Improvement
abroad was attributed to the advent of
frost In Tennessee nml the territories.
However, there was also nn exceptionally
large business being (lone lu Manchester,
according to another source of Informa
tion. nnd a most fnvornble opinion of the
market existed In consequence. Options
gained 3$4 points over yesterday’s close,
nnd spot sales were 5,000 toilet at T prints
higher. The late unfavorable condition of
the weather ns affecting the crop has con
siderably reduced the snort Interest In the
market, and has. at the same time, created
excellent buying on the part of outside »•
terests. This healthful activity naturally
hna given considerable Impetus to the
range of values nnd created n mV wide-
spread Interest In market affairs, the real
ization today of yesterday s forecast for
frost In the northern part of the l»elt wna
almost entirely rc*|M»n*lble Itor the en
hancement In values. The spot market was
“xtremelv quiet nnd without nny Influence
In nffertlng prices. The future eonrse of
the market continues dependent upon the
►weather, forecasts for which tomorrow
'rontnln Imll.nHnn. of mmfiwt I" tb*
eastern states, but to bd followed, how
ever. by continued clear and warmer
enther generally.
THE METAL MARKET.
New York. Oct. lO.-Fopper wns up »4c
In the bid for electrolytic nnd casting.
Tin w-ns a shade easier for spot and uear-
l»y deliveries.
GIBERT A CLAY
1 «■ ALABAMA AT*
STOCK*. BONDS.
COTTON. CRAIN.
COFFEE. PROVISIONS
ATLANTA, OA
v MEMBERS,
Jfw Turk Stock Esebaan4N*w Orletna Cotton Bichsnt-.IChlcgo BoorO ol Trmac..
York Cotton gxcluSeSjNcw Orleans Stock Sicljanif. Llrcrpool Cotton
York Coffee Exchansojxow Oricnno Board of Tr*oe.|Oalve«ton Cotton ExcnaufA
, Prlrat* Wlron toall Exchanaoa.
L *eal and i-ona DltUna* Talophont 529S. W. R. FAGAN. Mananar.
ALONZO RICHARDSON & CO.,
PUBLIC ACCOUNTANTS
AND AUDITORS
Empire Building. Bell Phone, Main 853.
ATLANTA. GEORGIA.
NAME OF STOCK.
Amalgamated Copper.. . . .
Atlnntic Coast Line.*., . . .
American Sugar Uef.
Anaconda
American Locomotive.. , . .
. do, preferred
Amer. Smelting itef
do, preferred
Atchison
. do. preferred
American Cotton Oil
fmundlnn Pacific.
Chic. & Northwestern.. . , .
Chesapeake & Ohio. .....
Colorado Fuel & Iron.....
Central Leather
::;
Ch c.. MIL ft fit. P.
nclawar* ft Hudson
Dlstlller-a Securities.
do,'preferfed.*.'.'." I
<.cn.nu Electric
Illinois Central
Amer. Ice Securities.
Louisville ft Nasl-xllle.. . . ,
Mexican Central
Missouri Paclflc
NAME OP STOCK.
K Y.. OBL ft Wcaur*. .
National Lead. .....
Northern l*aclfic. . . .
New Y’ork Central. . .
Norfolk A- Western. ..
Pennsylvania
People’s <*as
Pressed Steel Car. • .
do. preferred. • . *
Paclflc Mall
Reading
Republic Steel. . . • •
Rock Island. .....
do. preferred. . . .
United Statps Rubber.
do. preferred. . • .
Southern Pacific. • . «
Southern Hallway. . .
no. preferred. • . .
SlossvShelTIeld
Tcnn) Coni A- Iron. . .
Texas A* Pnclflc. . . . .
Union Pacific. .....
United States Steel. .
do. preferred. ...
Va.-Car. Chemical. . .
do. preferred. ...
Western Union. ....
Wabash .
do. preferred. . • .
Wisconsin Central. . . ,
do. preferred. . . .
LIVERPOOL.
The following figures give the opeulng
range and cloae, compared with yesterday’s
close.
Futures opened easy.
October. .
Oct.-Nov...
Nov.-Dec. .
6.85 5.81H
mo 5.78H 6.74
5.71 5.76 5.72
.6.65 -5.78«4 6.76 6.724
1.744 6.7'“ ‘
..5.64
.6.66 ....
.5.97 -6.7-
NOTES ON GRAIN
Pointers on Prorlalons.
January provlslone continues (»n u fairly
llherul scale, packers and profit-takers sell
ing. Deinaud from shorts iu October, No
vember and December lard has lw*en nu
Important fenture. Selling of same scat
tered. The light hog movemeut gives this
market a strong basis.
Chicago Inter Ocean: The October gov
ernment report will be given to the trade
nt 1 o’clock, Chicago time. It - will show
the condition of corn for October nnd tho
yield per acre of spring wheat, oats, rye
and barley. The trnde Is looking for a
moderately bullish report on spring wheat,
250,000.000 to 269,000,000 bushels, h corn crop
of 2,760,000,OCK) bushels, which Is the same
as a month ago, nnd a yield of oats of
soo.ooo.ooo to _S5o.ooo.ooo bushels.
A yield of J4 bushels per acre on spring
wheat will show 252.000.000 bushels and 14.7
bushels, the yield laat year, will give a crop
of 264,000,000 bushels. It will tnke a con
dition of 90 to maintain laat month’s esti
mate on corn. A yield of 30 bushels per
acre for oats will give 830,000.000 bushels.
I*nst year It was 34 bushels. The condition
of corn lost month was 90.2, and in Octo
ber, Inst year, 89.2.
The onts crop of France has turned out
disappointingly, being officially estimated
at 312,100,000 bushels, or 10,000,000 bushels
leas than last year, and cables say many
think tills year’s estimate la exaggerated.
This was a feature on the buying aide of
oats yesterday. Onts are aelliug too high
In proportion to corn, according to thi
regular ratio of values. May oats are 354c,
which Is equnl to 322.18 a tou. May corn
at 434c equals 815.46 a -ton. showing oats
16.72 higher than corn. On this basis, It
' figured that It Is lnstter for the farmers
> sell their onts and feed more «»ru.
Cush business In wheat lu Chicago yes
terday was 65,000 bushels. Including 23,-
000 bushel* No. 2 red, 10,000 No. 2 hard,
10.000 No. 1* northern nnd 20,000 bushels mix
ed lots. No. 2 hard sold nt 2c over De
cember c. I. f. Buffalo.
Hales of corn were 15,000 and oats 161,000
bushels. srarm
At the seaboard, exporters sold 120,000
bushels wheut, 32.009 corn aud 80,000 bushels
oats.
The pi
eign ele...,... ••*.» — r- — - - - -, - •
tierces lard, mostly October nml Noveiu
her. the grenter part of which has lieen cov
ered the last four days. Purchases yes
terday were about 5.000 tierce*. While the
cowring lui« been under vis, prlcvj have
only nilvamvil 15c .to 25c, j* r ce hoUler*
tnking advantage of tUe Inlying to reduce
%e1lwr'lc« on October trad" yaatartJJ
were fti.000 liu.bela corn nnd 500 tierce,
10 Bid* on corn and oata to nrrlvcwerea
tilde Armor, Sales on thctnlltvorelo,-
000 No. 3 yellow corn, or better. Novem-
Iter 15 shipment, nt 42*4c through billed
1-rlrnte Wire to (Hlvert ft Clay. . ^
Chicago, oct. 10.—Advise anlea of
nil "turd .pota today. Would rather
Keb,-March.. 5.70(4 ■ 5.70(4 S.tI
March-Aprll 5.71 -5.79 6.82 5.78
Anri 1-May 5.74 -5.74(4 6.83(4 6.80(4
May-Juno 6.7* -6.83 5.85 6.82
Jmio-tuly 5.77 -6.78 5.Sg(4 *.84
Cloned quiet nnd steady.
NEW ORLEANS
Following Is the cotton range In the New
Orleans market from the opening to 11 a. m.
WHEAT OPENED
SLIGHTLY LOWER
Due to Unresponsive Cables,
Northwest Receipts and
Lower Curb.
Chicago, Ocl. 10.—Prices eased off
late, the government report making
the yield of spring wheat 13.7 bushels
and a total yield of 345,349.000 bush
els, making the total winter and spring
wheat crop 739,000,000 bushels.
The com condition Is 90.1 and the
yield 2,733.000,000 bushels.
Oats yield per acre 31.3 and total
yield 863,000,000 bushels.
Wheat closed l-2@5-8c lower; corn
1-84i>3-8c lower, oats l-4@l-2c, and
provisions unsettled.
Local sales of* cash 43,000 bushels
wheat, 70,000 bushels corn, and 121,000
bushels oats.
At the seaboard 22 loads wheat,
loads corn and 30,000 bushels oats.
Primary receipts of wheat 1,147,000
bushels, corn 644,000 bushels, compared
with 1,094,000 and -160,000 bushels, re
spectively, a year ago.
Clearances 247,000 bushels wheat,
305,000 bushels com and 12,000 bushels
oats.
CHICAGO GRAIN MARKET.
■ell December tlum May. th
Killing frost as far south ns soutnern
KnnssS. Tetiipetaturesrntt'lcblta.M
nt Concordia nml 12 nt J' 1 ! 1
i n <F frost as far south ns SprlnftWn, ins.
for the present, think It Is safe to bay
wheat on a eeut break, anil advisable to
tnke profits on sny cent rally.
STOCKS REVIEWED
BY NEW YOR KSUN
New York. Oct. 10.-The Bun says: "Prices
of securities at the sturt generally show-
wl gains over those recorded at the close
of th<» preceding session, nnd during lh«
first hour manifested a rising tendency.
Then the market turned sluggish, nml quo
tations declined. I»ut W"* 1 " * * '*J!L P Vhe
Nun* to sell stocks. A feature was tue
ojmmi accumulation
which the common expression that nu au
£ rrfold^n'nd"
I'rtjr, Vhe^’l.ne'. 'wAuM'Vi
token B l>v the Pennsylvama iltreclora st
the dividend mctlug on the tlrat-vf it, xt
muling In the stock exchange element.
UHiert ft
COTTON 8E£D OIL MARKET.
Following nre the opjulw snd rloslng
trices for cotton seed oil futures to New
fork todny: opening. Olodn^
a<2«SP4
M 4123*1
• ' 33'4«S5
rioaed' stMldy- 'stile's l® November at
35*4 aud 109 January at 334-
STOCKS AND BONDS^
Savannah 5§. l**....
Macons 6s. J*5P*”* ••
;§• ■
Open.
WHEAT—
Me 74%
May 78T4
(^OHN—
for today follow:
... , . Frevioui
High. Low. Close. Close.
p #.■ w p
6 8 18
fe.8 8 111
9.06 9.25
8.70 8.80
8.074 8.10
9.00
8.65
8.074
Jan... 13.75 . 18.80 18.724 13.75 13.724
LARD—-
Oct.... 9.66 9.26 .
Nov... 8.70 8.80
Jan.... 8.074 8.124
8IDE8-
Oct.... 8:574 8-574
Jan.... 7.40 7.45
* -ASH WHEAT—
No. 2 734®74; No. S
winter 73976; No. 3
H97 J 4 i: N °* 8 b * rd
N0RTHWE8T CAR8.
Tbs following itgurea fire tbs northw
srs of today, last week uml last year:
least Li
SOUTHERN EXCHANGE
Oldest Established Office South.
COTTM—STOCK 80IDS—GftilX
Ground Floor Oould Building. Dally
market letter and market manual
mailed on application.
L.J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, 6RAIN
Correspondent's Capital $250,000
RcrrREiuce. the meal bank
PHONE MIT. PRUDENTIAL BLOC
Oct. ....
Nov
Dec
Jan
Feb
March. . . .
May
Jons
July.. ....
(’lowed steady.
Mis
0 O «8|1<m!$ 10.61
10pcn|Hltfh|Low.|A!
fk
2* ._
10.92| 1O3-94
10.90-92
10.92-99
11.01
11.05-07
11.19-20
11.35-30
11.40-46
11.45-46
II
10.B®
10.46 181
10.48-491
10.67-WS
10.62 641
10.76 77
10.87-88
10.92-94
lJ.07-99
THE WEATHER.
LOCAL FORECAST.
for Atlanta and Vicinity—Fair tonight
with light frost; Thursday fair and warmer.
WEATHE RECONDITION 3.
Thl* morning the crest of tho cool wave
overlies the lower Missouri valley, while Its
influence to felt over nil tho country east of
the ^Cockles. A minimum temperuttiro of
12 degrees is reported from North Dakota
and freezing weather prevail* im far south
a* central Missouri and the Ohio valley.. In
the cottou belt heavy frost occurred In Ar
kansas aud western Tennessee nnd light
front In Oklahoma, northern Georgia ami
the northern portion of Month Carolina. The
temperature nt Atlnntn was 33 degrees, but
the high wind prevented the formation of
frost. Light front la expected In the north-
or Jl. P°HI°»8 the gulf state* tonight.
The low pressure nren that was over
southern Florida yetUerduy hp* mored rap
idly northeastward, causing rain along the
Atlftntlc const from Florldn to Maine.
Condition* favor fair weather In this sec
tion tonight and Thursday, with light frost
COTTON REGION BULLETIN.
8TAT10NS OF
ATLANTA
DISTRICT.
•Atlanta, clear
•Chattnuoogn, clear., . .
Columbus, clear. . , ,
Gainesville, clear. , , .
Greenville, clear. . . ♦ .
Griffin, dear. ....
•Mneon, clear. .....
Moutleello, clear. . . .
Newimn. clear. .....
Rome, clear
Spartanburg, clear. . . .
Tallapoosa, clear. . . .
Toocoa. dear
(Vest Point, clear. . . ,
Minimum temperatures 1
period endlug at 8 a. 1
Home, us., npsnannurg, n. t-., *-uariotte,
N. p., Chattanooga. Tenn., Nnahvllle, Tann.,
'Columbus. Miss., Uatearlla. Corinth, Ilerr
nnndo. Miss.. Covlngfltoh. Tenn., DccaturJ
Ala., Yazoo City, Mia*., Hhertnwn, Tex. 1
TIPS FLASHED
From Wall Street.
Private Wire to Glliert A Clay.
New York, Oct. 10.—Mnrsbnfl, Spader &
Co.: Yesterday’s mnrket was dull from
various causes, which may prove tempo
rary. but we hardly expect a full revival of
public Interest In the market until after
the election. For the tlraf being It does
cuiatlou
not nnpeur that active apei
will be
ippear
Initht ted to | |
Nfw Yorg Flnuudaf Bureau: The trend
of I’nlon Pacific continues strongly
ward. Smelting should be bought whenever
soft, for turns, nt least, until the KB level
Is approached. The Pennsylvania tunnel
success will hull Pennsylvania n little
mote, although stock will be met toward
146 on this rise,
dividend talk, 1— ........
giunated should he bought on these reac
tions when weak. A bull tip la noted on
Americau locomotive and Brooklyn Rapid
Transit. We eoutluue to
ntdllsh on Baltimore nnd HHM
dlnn Pnclfle. The rebate Indictments may
Imre but little effect nt preseut on Sugar
not snrprissVMHPVBP HI -
Is strongly upward aud It should lie
on these reactions. The Dick pool Is work
ing bullishly lu Chesnpenke nnd Ohio,
Fuel is tipped for a rise, but n t *U some
stock on the bulges ns yet. would
buy Erie on reactions. Patient buyers of
Umlsvllle and Nashville will be will re
warded Inter, necordlng to our Information.
Southern Pnclflc may l* tonight on reac
tions. Rock Island la well absorbed.
Private Wire to Ware A Leland.
New York, Oct. 10.—I>ow-Jones’ sum
mary:
London settlement began todny. *
Transactions In London are now for new"
account.
Light demand for stocks In loan crowd.
Federal grand Jury Indicts American
gar (’ompnny. New York (’entral and I
ware. Igickawnnnn nnd Weatero.
Missouri Pacific surplus for year equnl to
9.57 per cent on stock.
Nervousness felt In London regarding pos
slide advance In bank rate tomorrow, lu
lew of the advance In Berlin aud heavy
ATLANTA MARKETS.
FRUITS AND PRODUCE.
Officially eorrcrtw, tijr Atlanta Fruit and
i'l-odurv Eirhani*.
l.ptuons. 37.50.
I.Itiivs. 60lt75<\
Pineapples, 13.5004.00. ^
Bananas, strslxbts. per baneb, (1.6001.75
Culls, per bniirh. tl.it0ffl.25.
CALIFORNIA P itUIT-Konev stock:
Hinerta peaches, tier box, 31.60.
Mniintaln Bartlett pears, per box, 33.35.
dross pltnns. Iter crate, 32- _
Columbian prunes, per erste, 33.
Hose Pern arapes. per crate, 32.00.
Bine Jlslvofse urn pcs, per crate, 32.00.
POULTRY JCni* cSilNTilY rROnUCR-
Llvo hens, 40®t2Hc; fries, 22(4«r30c; broil,
’TtreasSiries. I«e20e pound.
Dressetl hens, per pound, lt016e.
Uve dneks, Pekin. Ie-t puddle, 35#27(4c.
Mags, pec doten, 21022-.
Butter, table, per ttpund, 20®22(ic: coo*,
Ilonsr, ns*. 501
”viK0l'TABLB8-Irlsli notntoss, No. t
stork, per bushel, .96S3I.00.
Cabbage (Virginia), Hjc pound; Danish
* tflmn henna .per pouod, Ic; Navjr, 32.10 oee
arw sw—-
Kraut, ((-barrel, 33.7T
FLOUR, GRAIN. I
FLOUR—PostePs nateu. «.W, ,,!■ mum,
patent, 35.25; Maaeouian Star, 51.70: fancy
patent. 31.60; Red Encle. 34.15; Blue RIUbod.
g.90: fancy, 35.W; aprln* wheat patent, |6.0f
HA. 10,
CORN—Choice red cob, 72c: No. 2 white,
aoc: No. 3 yellow, SP**: slxed, 68c.
OATS—Choice wnlta clipped, tie; choice
white, 47c; choice mixed, 4*c; Texna rust-
"^AKlpi.ln wafer*grsun(i. nar hushsl
“ * Jutss per nasbel, We;
medium. S1.49; brown,
joevr mixed. 81.00; do., No. • aorer tulxetj,
.w. choice Bermuda. 7Be. N
IlYE—Georgia, 11.10; Teunessee, 90c. Bar-
York refined, 44«; plantations, 6c.
very strong.
COFFEE—Roasted Arbnckle’s $16. SO,
bulk, in bags in barrels, i3c; green, lOO
grade. New crop will
10c;
CENTRAL
STATION.
Athintn
Augusta
Clmrlcston. . . . ,
Galveston
Little Rock. . . .
Memphis
iphto
Mobile
Montgomery. . .
New Orleans. . .
8«vmnnek. , .
Vicksburg. . . .
Wilmington. . . .
f" Indicates Inappreckhfc rainfall.
72
The
REMARKS.
Minimum temperatures were considerably
lower than for prevtons 14 boure In most
districts, bring below frenlng In Arkansas,
light frost formed In portions of Georgia,
the Carolines, Trtinesaee, Mississippi, Ala
bama; heavy frost In west Tennessee, and
ktllluf frost la Arkansas. Light rain fell
along tbe Atlnntic coast.
W. A. MITCHELL,
Temporarily in charge.
GOVERNMENT
GRAIN REPORT
, Of tbe bnrcau of 'stat ist to*
of the department of agriculture made tbe
—*“T report today:
ion of corn on October I was 90.1,
as compered with 90.2 Inst month, 89.2 on
October 1, 1906, and n ten year average of
average quality of spring wheat Is 88.5,
ss compared with 89 In 1996.
Preliminary returns Indicate an oats crop
of ntomt 863.352.000 bushels, or an average
of 31.2 bushels per acre as compared with
34 aa flually estimated In 1906, and a ton-
year average of 29.6 bushels.
The average for quality la 88.3, against
93.4 In 1906.
The average condition of tobacco on
October 1 was 84.6, as compared with 86.2
one month ago, 86.8 on 0 <,tober L 1906,
and n five-year average of 80.1
Atlanta,
AtUuta
Atlanta and West Point. . . ---=
Atlanta and West Point Debts..197
Central Ilallwsy of Georgia 1st
do. Income
do. 2d Income
do. 3d Income
Georgia-... •* •• "Js
Auguani nnd tiovnnunb. .... .Ito
Soutbweatern.. '.J*»
Georgia IIHto !■*••• Jf!
*• * end A. Uta U3
r
LOWRY NATIONAL BANK
CAPITAL, SURPLUS AND PROFITS
OVER ONE MILLION DOLLARS
Foreign Exchange, Travelers’ Checks, Brown
Brothers’ Letters of Credit available in all parts
of the world.
PROVlWlONSrPilprcmsfims, 18c. Days
stroni
. J—Supremo I
hums, l6(4c. Callfornlu hums, 33.00,
t-ross hams. 15c. Dry sslt extm ribs, 0.50;
bellies. 2041 lbs.. 310.50; fat backs, 3c; plutn.
5c; dunremc laril, 3I0.25: Red Fruss, 10c,
Snow Drift compound, 7%c; Bed Cross, 74ie.
Reagan, Bound to Court.
8peclal to The Oeorglan.
•Conyers, Os., Oct. 10.—Burton and
Walter Reagan have been bound to
court under bond of 1200, and Olln
Reagan under »B00, as a reault of the
light In which Henry A. Turner was
fatally injured a few daye ago.
BULK OF MARKET
WITHOUTJEATURE
Speculation on Bull Side of
Stocks Confined to a
Few Stocks.
TONE WAS STRONG
Union Pacific Was Strongest
Stock on Its Au
gust Report.
New York, Oct. 10.—The compara
tive unconcern of tho markets over de
velopments in the money situation was
tested again this morning when the
German bank advanced its discount
rates to 6 per cent. This la an ex
tremely high figure to be set, even for
this season of the year, and little doubt
was toft that the Bank of England
would follow suit tomorrow with an In
crease In Its rate.
The tone In the security market was
tame. The English Investments were
steady and American stocks, despite
the heavy carry-over set for the fort
nightly settlement, were quoted frac
tionally above our closing parity. The
local shares opened strong and once
more the feature of the dealings was
the concentration of the buying on a
few stocks with some really notable re
sults.
Pennsylvania, Smelters and the other
favorites of yesterday's trading made
further gains at the outset and were
then abandoned to realizing, white the
Pacific stocks, St. Paul and North
western were taken in hand and bid up
smartly. The basis for the movemant
In Union Paclflc was the August report
of the company, Issued at midday,
showing a handsome Increase both in
gross and net. and furthermore 'the
expecation that the annual report, soon
to be made public, will set at rest all
doubt as to the ability to maintain the
10 per cent dividend rate.
The stock market opened Irregular.
Locomotive, Union Pacific, Lead and
General Electric advanced 1-2; Smelt
ing 3-8 and Pennsylvania, Republic
Steel and Canadian Pacific 1-8. Cop
per, Baltimore and Ohio, Brooklyn
Rapid Transit and the Steel shares
were unchanged. Colorado Fuel oft
1-2 and Atchison and Reading 1-8.
The stock market was generally
strong again today, witfi speculation
on the bull side confined to a few
stocks. In which the buying was con
centrated, leaving the bulk of the mar
ket without special feature. Union
Paclflc was the strongest stock, ad
vancing 3-4. London bought 12,000
shares this morning. * *
Government bonds unchanged. Other
bonds firm.
THE LONDON STOCK MARKET,
STOCKS-
Amalgaumteii Copper. . . ,
Aiuienaito
Atchison
do, preferred. .. .
Rolthnore and Ohio. . . .
Canadian Paclflc
Chesapeake nnd Ohio. . .
Chic., MU. and St. Paul...
Erie .. .. .. .. .> .
do. preferred
Illinois Central.. .. .. .
Loalavllle nnd Nashville
Missouri. Kansas aud Texna.
do. preferred
New York Central
Northern Pnclfle.. .. .. .. ,
Norfolk nnd Western
Ontario and Western. . • • .
‘Vnnnylvaula
lending . •
lock Inland .... ...
..outhern Paclflc... .. .. ..
Southern Railway
Union Pnriflc. ......
ed State* Steel
.o, preferred ..
Wabash. . .
do, preferred. . . . *
Denver and Rio Grande. ■ ■
ik7o: nenvj
|5.60©6.4O: yorker* 18.66
ice heavy |6.ff>ff«.70.
rough’ $5.9oit6.l6; nlcs
C |Srftj™^cri'pij5 iWlijrt.t
e&Ms&om
vT mrflTmi 840*20; .lookers oJ
ifmateWI receipt. 26.000. M»rkSt
SMM*-*
WM. I.. PEEL, President.
ROBERT F. MADDOX, Vic# Prvaidtai
THOMAS J. rF.EPLES, VhwMs-
JAMES G. LK8TKK* Aailsfant
JAB. P. WINDSOR. Awletant Cashier.
MADDOX RUCKER BANKING COMPANY.
CAPITAL $200,000.00
SURPLUS AND PROFITS . . $500,000.00
Accounts, small as well as large, invited.
3 1-2 per cent interest paid and compounded semi- 1
annually in our Savings Department.
Safe Deposit Boxes
For rent in our oaulls in Ibe basement of the
Empire Building for only $5.00 each per
annum.
Absolute Security and all Modem Conveniences
You should not be wilhout one. We invite
you to call and inspect them.
Title Guarantee and Trust Co.
H. M. Atkinson. V. P.
Joseph A. McCord, Cashier.
Third National Bank
Prank Hawkins, President.
Capital
Surplus
$200,000.00.
$300,000.00.
DIRECTOR8:
Frank Hawkins.
II. M. Atklneon.
Juaeph A. McCord.