The Atlanta Georgian. (Atlanta, GA.) 1906-1907, October 17, 1906, Image 15

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The Atlanta Georgian., October 17, 1906, Image 15

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Newspaper Page TextTHE • f - ATLANTA GEORGIAN. WEnxEsnAV. octobeii 17, nm fflEND AT FIRST Early News Gave the Ad vantage to the Bear Contingent. CAUSED SLIGHT DROP Renewal of Bad Weather in the Cotton licit caused Sharp Recovery. NEWS AND GOSSrP Of tlie lunecy Staple. 'rlrnH* Wire to filbert & t'lnv 2sRu- , KL* T -:"!W»i «» .£•» route 2'<t 24 i n ' **1?. lower, ilchur. We should Liver l*9*nUSI» of llUTCnsed miivpniiMit ..nptians sfMfiJt""" - «“!*"«? h .'‘ r t '? ,he * n,, tli Atlantic- *ff K<'t>,r«lly ir.lr In rrntrcil and wait- tnciicy ami tomorrow. ff r t * lmt . many .plunor. to St« ,Si? h moL* 1 ”? ,?' ooW '"•'■'ii t.« in.tl- '*!* m°f ! of Him, nra corom! nt posrd. tVe lb * 11 h * 4 *ww»IW nu|>- ,,yj'*',A" nri . inl «f I'ninlnerrn uiyt- "Tlirn- dole I rlie la a hear ami aella n uuost ilnlly; right" 111 ''* on n big aeale. If the room Is t K k |J 'mm* 1 ' 1 '* oxpeeteil to e\- owfj the lau million murk. nil-' Rroa. fc 1 *n. any: "We do nut ,11*. pute the iniMliillliy nf higher prim, nor °f Miifavorablo dr-velopmenta In the future hleh may warrant them. Eur the" Time being, hoarerer, the markot'a hull aide New vork. Oct. IT.—Influenced by noor cables, the undertone of the cotton market at the outaet was barely steady, and prices were 4 to 11 points lower. In the English market the decline was •aid to be due to selling and to reporta of an Increased movement from the South. There was heavy selling here by local traders. In addition to which Interests at Liverpool put out consider able cotton. The demand was Irregular and governed more or less by the talk of larger receipts * seems to ua to have been overdone ""•Journal of Com ttHfrce: "The market wan firm anil notice on cotton goods for tho day. Jtjlla nre hard to deal with, while users of goods nre liecoinliig nmre urgent for any uenrliy deliveries. In seine dfreo. tlona fh* Mmrcttj- nf coeds, minded with the uneortntiiiy In the votten market, baa •horri’me 1 ’ 1 ’ 0 ‘ Ivn, ‘ < ' < ■* W«« made within n I'rlce's (dimers' report shows that nt the primary Interior towns the amount (tinned imrlnc the week eliding October 12 was 20s.- Edited by • Joseph B. Lively Mr. Urrty*f iwonty-flvo years' experience of «!• itlng markets In.\tlanta and the Month ha* made Min n recognized mi* iborlty lu bis specially. RANGE OF NEW YORK STOCKS AND COTTON MARKETS nami: of stock. Aimtlguiuuicd Cupper.. . Atlantic Count 1.1 in*. .. . American Sugar Uef. .. . Anaconda I. American locomotive.. . do, preferred. .... Amor. Smelt log Uef. . . . do, preferred Atchison « . . do. preferred Amerlciiu Cotton Oil. . . Anier. Car Foundry... . Baltimore it Ohio. ....... Brooklyn Rapid Tran.. . . , . Janmllau l'aclflc. ....... tHtiiifllau l'aclflc, . . . Chit*. *v Northwestern.. - — - nr o< 000. Against 196,030 In 1904. The market show* more than ever the aek of outside Interest. Tho principal buy- n* ban l»ecn by Liverpool and New tir- jonna. and on the advance some of the larger local trader* are Helling. Late Liverpool cable: "Hhorta covering 0| » farther reports of bad weather. Mitchell ana locals are buying ou reports of rain In Texas. New Orleans. October 17.-The market Is fairly steady on Indication* for showers to- iiiorrpw 1,1 the western belt. The reported liinldntlon of n large portion of the Ionic Interest In tho foreign market Indicates the trade's growing tendency. Liverpool rabies: "Market feels the In fluence of bulls selling out their purchases. I)o not think ran give way much nt present In consequence of the strength of south ern markers." Today's map Is cloudy, with light sent tered showers fairly general over the belt. The map In Itself is not unfavorable, but Indicates, however, a continuation of un settled weather conditions. It was a battle between weather condi tion-. on the one side and weak Liverpool itrlr a divers and Mr. Drlco's sinners' re- oort on the other as to whether bull or limr would make the price for cotton. At a r «t. the advantage was with the latter, the weakness In Liverpool causing a de- dine of 4«J10 points at the opening In k>w York, ami was followed by a slight further slump, due possibly to Price's rc- i H »rt of ginning at the primary town* up to octolKT 12. placing tho amount nt 208,- OOt, ngfilnst 196,000 In 1904. Unfavorable weather reports from the belt began making tbelr appearance shortly after the opening. The effect was llrst noted in the Liverpool market, where price* after their 2 p. m. report started upward, tho better feeling continuing up to the cloie. nt which tlras an advance over yes- terdn.r s finals of froui 1©34 points wus "following Is the range In the active months today: ... . . Ojten. High. Ix»w. Oetolier-November. .. .6.06 6.06 6.97 Jammrv Kebn ury. . . .5.g g.tt) 8.93 March April J-Jj 6.06 6.97 Mar-Jnne 6.06 6.00 6.00 The spot market was decidedly weak, tho quotation for middling being marked down jo points, equal to 40 American |>oInt«, to j.34«| ou sales of 6.000 talcs. After the advance was established Iti new. It wn* apparently eusy to hold prices itendv. though the fluctuations covered n narrow margin during the morning well a hoi e 11c. speculation U lacking, trndlug lielng mostly of a professional character. It Is believed that Mr. Price Is Ireny- Hsrrle”Jordan wire* F. B. lla.vne: "My !*li; In fact, he Is »endlug out some >cry estimate of crop 11,600.000. Did not predict * “ following Is his a slump In sp«»t cotton.*' - . - ,'7- , — --- —, —. futures opened quiet, but steady and unchanged on near: 1 up on lute. At 12:13 p. m., 4©6 down ami en*y. Bales 6.000 s|K)ts, 20 dowu, at 6.31. Futures due to come lOj up. The New York cotton market opened nliout ns exi»eeted. Trade comparatively light, with commission bouses fair buy ers. New Orleans and Liverpool brokers sold some cotton. Ixxiks a* though edge was off bull movement for present. New Orleans. Oct. 17.—The cotton market opened easy nt n decline of 6®9 imlnts on unfavorable cables. fable* nre very unfavorable, nml capo- (daily for a Wednesday. Hunt sale* nre small nt the sensational decline of 20 the dry goods market Is active and Arm. The view of the advice* I am receiving with regard to the ginning, and lu view of the Further fsrt tlmt the total Interior Movement for this week and last week will <*xwl the movement of 1904. except at Memphis. St. Louis and Cincinnati, which am Jnk that the next glimers' report will be much larger than,I had pro viottsly expected." Foreigners think well of cotton, even nt the previous higher figure, a* they have taken cotton freely from the opeuing of the season up to the -pre*ent. The following shows tin*'a mount ex|»ort- with the same* time last year: 19C6. i 190. Great Britain ..415,088 356.673 Frame 107.832 119.366 Continent.. .. .. ..444.444 490.671 Japan nml Mexico..., 8,069 3,450 Totals * 975.433 970.050 Comparative receipts at nil United States porta: Net receipts today.. .. 4 Same day Inst year.. S Increase Total receipts for four days.... 6,976 8*toe days Inst year,. Increase 45.2XT Total receipts since Septenilior 1....1J03.407 8*me time Inst ysar.. Itecrense , on hand today....... tame day lost year.. 4,401 Estimated tomorrow: v . . 1ML 1906. Non Orleans 10.500 to I2,5» 8.137 Galveston 22.000 to 24.000 21,466 H?'"* v t‘» 1T.3D 12,476 It looks ss though rrice Is trying l»» break the market. All tils brokers are on this selling, the umrkat broke slightly in the late afternoon, the closo In*- ujt steady, net 2©7 lmiuts lower than yes- terday’s close. spot com on market. I.lvi-rpool, .pot cotton easier; middling :S n ; U .i fiJ4<l: American 3,900; •wculstlou and exjwrt 600; receipts 43,030; Aimrlrnn 42,630. Atlanta, stonily nt 101M6c. V H V*: rk . dull nt 11.250. New Orleans. Arm nt HHc. Augusta, steady at lie. Kflvnimah, quiet nt 1016-16.*. l-oals, steady nt 11V- fl»stnn. quiet at Ukc. " steady nt 11616c. Brown bbl 10.15 for 2.C00 Reeemlwr. The mnrkot 1* steady mul has an upward tendency ou bulling in anticipation of lind venfher over belt. Bpots are Arm at quo tations. Brown bidding for cotton. Looks Uko he wants It. The agricultural department wires' the cotton exchange that It will Issue vcniber report, mid that Its next bulletin will Ik» given out about Decemlier 19. when the crop will In* estimated. The weather map Indicates * drlxsling lnrg«? portion of tho cotton min over licit. Liverpool cable My*: "Market feels . i ffl.. - . of the streugth «»r southern spots." Another: "Importer* and continental houses werw the jirlnrlpnl sellers." tlVARE A LFLAND'S DAILY COTTON LETTER. New York. Oct. 17.—There wn* another decline In the early market, due to a break of 5 or 6 points In Liverpool, but short cov ering Soon rallied the market and prices ran up 15 points before there was much cot ten for sale. On every advance there win an evident desire to realise on cotton, but at the same time sentiment Is so confused, the damage by nin awd frost so great, that one raters were not dl*jM»*cd to lie aggres sive on the side of lower prices and took occasion to liny on every decline on the theory that the demand from spinners . «ef 4c from . Central Leather do, preferred. . . . Chic. & Ui-est West'a. Cfaje.. MU. & SI. l\ . . De.auure «4: Hudson... Distiller's Securities... Erie do, preferred ftftairnl Electric. . • . Illinois Central. .... Amor. Ie# Beeurltlca... llltronrl Pacific.* Total stoEk sales today C90.200 shares. NAME OK STOCK. A. Y7. Out. 3c \\ ester ii. Natk-nal Lead. . , . Northern l'aclflc. . . New York fogies I. Norfolk k Western. .Miriui* »»r»»rr»i I ••ims.vhanlM. . . , People's tins. . . . . Pressed Steel Car. Heading. ........ Republic Steel. .... Rock Island . do. preferred. . . . Lr.It**d States Rubber. do. preferred. . . . Southern l'aclflc. . . . Southern Railway. . . , aa preferred. . . . , SlnM-Sheffield Twin, i'cal & Iron. . . , Texas & PaeRJe. . . . . . I'nlou l*ndfle United States Steel. . , do. preferred. ^ , Vs.-car. Chemical. . . , do. preferred. . . . , Western Union Wnbash. . . . ' do. preferred WIscoiiHlii Central. . . . do. preferred. . - . . NEW YORK. The foBowinf is tbe range In cotton fu tures In New York today: Dec. . , Jan. . . Fell. . . March. May.. . June. Jut, -Jf»» Closed steady. Ill I I U Toj5|hTo2| li.oi ^3111:03^8 111.6111.024)4 11.(16-07 I k| 111.04)11.03-04 11.07-0S Wmm.. [11.11-13111.15-17 11.12|11.19111.19-20|11.23-24 11.21 11.26 11.26-2711L30-311 11.21 11.26 11.2<>-27jlL3o-31 11.51111. tl(ll.28-30|11.35-37 11.29) 11.37) 11.32-34! 11.3S-39 UVEKPOOL. The following flg.irca gl**e the opening range and close, compared with yesterday's close Futures opened easy. Opening. Previous Range. Close. Close. ..6.19 -6.04 109 6.06 ...106 -6.99H 106 6.03'A .100 -6.96Vi 6.01 6.03Vk ..6.98 -6.93V4 100 5.98 . .6.99 -6.96Vs 102 5.99^ .101 4.9V 103M 6.01 ...103 4.9616 6.05*4 103 , ..6.01 V^-6.01 107 104 ...108 4.07Vk 106V4 I* .. ..103 6.10 106H Octolier. . . Oct.-Nor. . . Nov.-Dee. . Di*e.-Jnn.. .. Jsnuarr-Feb. Feb.-March. March-April. Muy-Junc June-July Closed steady. NEW ORLEANS. hire* In New Orleans today TIPS FLASHED From WaI! Street Prtrate Wire to Ware & Inland. New lort, Oet. 17.—Dow, June* k Co.'s sumuutry: American stock* In London firm *4®Vie nlmve fmrliy. .t’hcssseuk# and Ohio meeting todsy, but ’Rjldtmd action doubtful. Bethlehem Hteel directors adjourned ye*, terday without action on preferred divi dend. and meet again today. Democratic committee of Brooklyn, led hjr jflHjoterM. repudiates Hearsr. mouth. It will give employment to 1*609 Present quotntlon of copper In New York iLigliest ever recorded. a Balance of trade at present doe* not In- (4!• *afe any gold exports to Ktirnpe. Thlrty-alue roads for llrst week of Oeto- pow average gross Increase of 10.06 per 1 cut. of Denver and Bio Braude. Twelve active Industrials advanced .36 per cent. Twenty active rails ,CS per cent advance. London Was an Ac Fac tor, Buying Heavily Cop • per and Steel. RAILROAD LIST FIRM Changes Small and Unim portant— Steel 5s Made New High Record. THE WEATHER. LOCAL FORECAST. WEATHER CONDITIONS. The depression off the east Florida const has caused rain In the south Atiautlc states from Virginia to Florida. At 7 a. m. rain was still falling In this section at Norfolk, Oet Nov Dec Jan Feb j March. . . . May June. July Closed str I ills 1*. i09'iOfffi.2Tir i m.i 11.22|ll.04'11.09ill.< .97-09 11.11-13 .... .11.13-14 11.31 11.14 11.18i 11.17-18 11.22 2.1 (11.22-2411.27 _ 1.36 ll.Mlll.36 11.39 11.38-39! 11.42-13 L6Jjll.66 11.60ill.6f 11.6942:11.56-66 ..2 11.664711.6042 .|11.6042|11.64-66 NOTES ON GRAIN Pointer! on Provision!. Private Wire lo Ware & Inland. ' Chicago, Oct. 17.—Cable* again come to aid the bulls In wheat‘and the opinion la gradually growing that the value of whent Is around present prices and higher. Favor Inlying whent. corn and oats on nil dips. The Northwest Is buying wheat. Two local pit traders aro short on wheat mid are coming In ou strength at Mlnnenpo< Us. large, Corn letter. good orrfers for May nmf IH*eemlK*r, the fo“ * --- /ormer In particular In hands of brokers. Offering* light. Trudo Influenced by Armor cables. This Increased movement of hog* with I irlces 10 to 16o lower than Saturday and a Ittle talk of hog cholera should have de pressing effect 011 provisions for time Ik*- Inc. The Inter-Ocenn snrs: That an elevator pool existed among Chicago elevator men was proved nt the Investigation before the Interstate eommereu commission yesterday. All the big elevator Interests pooled their enrnlng* and W. H. Seaveru* acted aa the clearing house. The pool -existed up to sixty days ago. when tho Investigation Into the chnrge that public elevator men W’erc * - I III noli open Interest In would lie sufficient »o keep price* around thl* flgnrc for some time to come. In many ways the market hn* the npimnrnitcc of having touched the high |mlt»t for the present, but this did not ttccenwuily mean that the reaction toward lower ft an res would proceed In an uninterrupted fashion. In fact. It look* very much ns though fear of next glliner*' report nml the low quality ... •*-- —a*— hieing ** of much of the cotton picked until receipt* liecomo large enough to lie a depressing factor on the market. Bear* nre getting a little more confidence, and for that reason the market may Hot move ns rapidly a* heretofore miles* another spell of bad weather sets In. Me look for an Irregular market, and with good weather should not lie surprised to see prices work some lower. WEATHER IN THE COTTON BELT. Texas—Dallas cloudy, misty and cool. Tyler. Sherman. Houston and San Antonio cloudy nml cool. Mississippi—Vleksbnrjr. Nntcficx and *00 city cloudy nml three toning. Corinth and Alawdeen cloudy and pleasant. New Alltnny. Holly Springs. Amory nml Tujwlo cloudy and warm. Meridian cloudy qud Alabama—Troy cloudy and plenxnnt, There Is said to be .... Or-tolicr lard of 20.000 tierces nml a much larger Interest In Novemlwr lard. Shorts Imre been getting In for two weeks, and the Mtock* of bird continue to Increase. The domestic and Knglish demand for lard Is good, but from the continent It Is and luis Immmi i»oor. Stocks have decreased Mharply In Chicago nml the West, and the trade looks upon their lard as worth the money for January, ns October Is selling at »Hc. ... ign Tnos- iv was 69.000 bushels. Including 10,aX) No. 2 d and * ‘ “ “ * SLIGHTLY HIGHER Higher Liverpool Cables and Higher Northwestern Were Factors. Chicago, Oct. 17.—While the upturn In wheat was email, the feellnf was strong. The net gains were l-40!-tc. Cash wheat was in demand In all po sitions, 32 loads being taken by tha seaboard, Including 22 loads at Duluth and 300,00 Obuahela c. 1. f. Buffalo; 30,- 000 bushels sold here and 8 lands at the seaboard; 155,000 bushels oats here and 60,000 bushels at the seaboard. Corn closed l-8@l-4c higher; oats were up,l-4@3-8c and provisions were MOVEMENT LARGE; WEATHER BETTER New 5ork. Oct. 17.—The Run says! I large crop movement and l»ettcr weather had much to do with yesterday's decline. I They caused considerable liquidation part ly on Atop*. I.ending Iwar operators were emboldened to sell more freely, slid spot! Interests also continued to sell. There Is to lie no report on the condition of the crop on November 3. the usual monthly rej has hml a more or less In regard to the quantity oft 3 l-2tl25c. Primary receipts wheat 1,013,000 bush els and corn 708,000 bushels, against 1,007,000 and 441,000 bushels, respect ively, a yeur ago. Clearances were 159,000 bushels wheat, 255,000 bushels corn and 25,000 bushels oats. CHICAGO GRAIN MARKET. Chicago grain uud provision quotations for today follow: WHEAT- nec “ Jan W ft ft ..... and oats 269.W01 ifOilN- btndicls. Seaboard exporters sold 129.009 Dec bmdicls wheat, 80,000 bushels corn ami. 200,- 000 bushels outs. Minneapolis cash wheat wn* firm. No. 1 northern 2V4e over Decemlwr. There were good flour sales Moudsy. Country receipts are good. Kansas City cash wheat was Vfc to lc lower, with No. 2 hard and No. 2 red TOfnHkc. Car situation Is said to be more congested than ever. mif"threatening' and wanu. Montgomery mining. Opelika threatening min uud pi |M!< ateiHly St llUc. «?!tl:nore. nominal at ll\c. Wilmington, firm at" 10 Steady at 1lHe. w liming to Memphis, Mi fl ^- N"rf'»lk. sternly nt U>ic. Mi.hllp. .tcilv st 11c. < narlr.tnn, altultly at lO^c. .NEW YORK COFFEE MARKET. at •* tbs opening rnnat, suit clow 3ij. U N, '' v Y ' ,rk vorfoa uisrtcct for to Jantinij-.. . ►chruaV,.... March., iwi ;, " June.. Jnlv... ” " * AlgUht.." *’ " " ftt^mlier.. ** 5«rp|ni^ r . * It*i»nil*4»r, . . , F|n*4*t| steady.** Opening It*nice. Close. . ,.6,6'4.5; . . .6.654.60 . ..6,694,63 .. .6.6*4.70 ..6.75 . ,6.764.85 . .6.804.86 .. 6.8S4.00 ....6.83-7.00 6.604.56 fcSMkt) 6.694.63 6.664.79 6.rr-cj'.* 7.09-7.16 6.4.>4.3> WEATHER FORECA8T. Oeorgln—Occasional min Wednesdcy Thursday; fresh, possibly brisk northwest Louisiana and Mississippi-Fair Wednes day and Thursday; warmer In north and central portion; Ilf lit variable winds, lie- coming south. ... ,» ... , Tennessee and Kentucky—h air Wedne* day; warmer In extreme west portion; Thursday fair. • West Texas—Fair Wednesday, with warm er In ma th portion; Thursday fair in south; shower* and colder In ••‘y 1 * 1 Arknus.i*. Okbih«*mn and Indian Terrltt ... —Fair anil warmer Wednesday; Thnrsdny '’Alabama au.l Wot rinrlila-t'urtl.v clmitlT Wnti'Clav amt Thunubiy; lle'it vortnUle sritida nmstlv northeast. Enat Texas—Fair Wwlnewlay and Thura- .lay: ...incwiiut warmer In rite Interior awl on the cn.icni ••oo.t: vnrlalile wlnda, tic- ''-BnHtunc^'^wlTvpInt—Pifftly' cl'ondy, * t cree* above; reins In the Dakotas West and KouthweSt—tieuerally cloudy, 4*» ^oSo''VaUejr—Uenontlly clear, 64 to alto ve. GSBERT & CLAY *• *■ ALABAMA 1 IVONDb. COTTON. O H AIN. COFFCC. PROVISION* ATLANTA. Ok - MCMDCRSi v!? flt®ck Exchance.lNew Orleaus Cotton Exchange. (Chicago'BMW oz Trade. Or’eann K ^C|Kl3SSl'^*B3i55 nnd u« fl DlnUnci’^p^r 8$ R. FAGAN. Mnnnnwv On the call bids on corn to arrive yere unchanged to >4c higher, while on oats they were off Vie. Hale# were 2,000 No. S corn or better, year shipment. 39%c. track. Cblmgo: 2,909 No. 3 corn, November 15 ship ment, 42^% track, Chicago; 1*\00) No. 3 4-oru. Novemlter 15 shipment. 414c, through billed; 10.009 No. 3 corn, ten days' »hlpmcnt. 444c, track, Chicago, ami 19.009 No. 3 yef. low torn. Noveuilier 16 shipment, 414<*, Ih rough-billed. Wheat stock* at Mliiii’.»apolls Im-rcascd 269.009 bushel* for thre«* ilays, A Duluth man says: "Anyliody who think* the north west wheat crop Is n weight on the market ought to buy wheat In Duluth. Flevator men are paying 2r over Duluth December and 3*4c over Minneapolis Deceinlier, nml not get ling half enough.for eastern mills." To prevent a corn famine. Unvernor Abu- madn. of Jallie-o, has made an appeal to the general government of Mexico for the removnl of duty ft mu American corn for ini|Nirtntloii. Thl* reqtie*t hn* been umde OATS- Si= 1 1*011 K— Jan.... 13.70 May.... 1.1.874 LAIID— Oet.... 9.40 Nov 8.824 Jan. .. 8.174 8IDFR- Oct.. 8.22 Vs Jan.... 7.42*^ 7.43 S=8 Ull I i 1 13.70 13.69 11.674 13.72»4 13.90 13.524 13.674 M474 drcnlateiL . on October _ ... r ginned up to Octolter 18. Thla fnl#ebo«*d wa* nallnl by Director North himself. But the bullish enthusiasm plainly showed sign* of diminishing. The disposition Is to go more slowly after nil advance of fio a hale. New Orleanrt and Uverpool room operators - Increasing receipt* and Wall street sold. ..... and reasonably favorable weather will al most certainly bring about lower prices. But the world so badly needs a good American erot> that a turn for the worse In weather would quite certainly bring nlmut another buying movement nt home nml abroad, which will carry prices upward again. The dry goods report! continue fa vomble." New Orleans. Oct. 17.—The Time# Demo crat says: Speculation exhaustion, some manipulation, bullish flnauclal news nud re port* of strenuous activity on the part of market In a state of turbulence, though the trade wna within comparatively restricted lines. Meanwhile, bullish con fidence expanded under the Influence of apparently trustworthy proof that the storm sml frost damage was aa great. If not greater, than reasonably conservative folks Wile veil. The magnitude of actual cotton engagements ndds to the price optimism, and ns yet lienrlsh efforts to re-boost big crop Ideas hsve failed to create enthusiasm. But the fanner Is now being advised to sell freely. The Immediate future will l»e Influenced to a very large extent by. the weather nnd spot sltnstlon. the speculator Wilmington. Savannah. Atlanta. Jackson rille nud Tampa. Them has Iwnii rain In nil district* of the cotton licit except In southern Alabama.. Also In the middle west and tin* Missouri valley. The amount* were S enerallv light. The rain in the west was uc to the presence of low barometric areas er the eastern slope of the ttoekles. Tho another high l» moving lu over tie* l'aclflc state*, musing * decided fall lu tempers* *— In the plntenu region. Temperature changes east «f the Rockies as a rule wero sllelit nnd unimportant. Condition* favor min la thla section to- uigbt and Thursday. W. A. MITCHELL. Temporarily In Charge. COTTON REGION BULLETIN. STATIONS OF ATLANTA DISTRICT. •Atlanta, rain •Chattanooga, rain. . . Columbus, cloudy. . • . Onlnesvllle, cloudy, . . . Oreeuvllle. min. .... Orlffln. cloudy •Macon, cloudy. .... Monti cello, cloudy. Newnau. rain Home, cloudy "partanburg, cloudy- - - nllapoosa. cloudy. Toceon. cloudy. .... cloudy. . . , West I'olnt, t •Minimum temperatures i ■i for rwklvc-bour period ending at $ a. iu. thla dptc. HI peonle nre convinced that the advance Iii vnlnea has been too rapid, but few ran. aa yet. figure out auy approximate safely In short operation*, principally lieeanae cloudy weather and rain are forecasted for nearly the entire belt. Hharp reactions would aur- prise nol»od.v, but contract price* can not safely decline further, so long an snot t.49 8.824 8.21 8.10 1.374 1.824 8.124 AHII Wli hard winter CHICAGO CAR LOT8. petition from the burincs* men of Jalisco. The com crop lu that section of Mexico I* reported to lie very light, owing lo the ninny floods thl* year. Uoreruor Ahnuinda any# there will be a shortage un less some remedy la taken to relieve the Nituntbm. There la a scarcity of corn In luati.v other Mexican states. It I* reported, due also to the flood*. . 'Ideago. Oet. 17.—The hen the actual cash wheat situation nsert* Itself on the soft spots, und will continue to do n got»d purchase. Wheat., Corn.. Oat*.. Hog#.. Today, Tomer. PRIMARY MOVEMENT. Wheat—Receliit# today l.Hl.ftJO bdshels. men is today 814.UD bushels, against 000 bushels last year. Corn—Receipts today T06.«» bushels, n gainst 441,999 IoikIicIs last year: ship ments today 469.frv) Imshets, ngalast 476,- ojo bushel* Inst ybur. LIVERPOOL GRAIN MARKET. WbMt—Opened 4e lower; nt 1:3) p. iu.. NORTHWEST CARS. TODAY’* PORT RECEIPTS cars of today, last weeL . . -. ^ leist Ust Today. Week. Year. Minneapolis 275 416 377 Duluth. 43 ) 334 1S3 The following talus show* •ceelpts nt the imrts todsy, compared with rbv same day last year: THE METAL MARKET. New Orleans. , JalvestoU. . * Mobile Norfolk • Boston I I'litlnilelphla. . . New York. oet. 17.—There continued to l»e n gimd demand for spot nml i»enr-t»y dellr- «»rle« of tin at no advan-e «»f 4r. All grade# of copper made further nd- vna«n'* of H434«' cn the bbl nnd lie ou the asking price. Lend on l spelter were steady. inm.v iinuiir 1,11111,-1. values are mnlntnlncrl by the Interior. Iloweter, with the filling of October com- mltaients. some lessening of the tension In the net uni cotton market will be logi cally line."—Ware k Inland. GIBERT & CLAY’8 DAILY COTTON LETTER. New Orieiius. Oct. 17.—Liquidation of a large portion of the long Interest again caused a depression In prices abroad. How ever. 'the unlnvorai'le weather affeetlug the bolt nnd the strength of Kouthern markets were influences flint tendril to irssen the quota point* over yesterday, and spot tlons were down 29 points, 5.099 (tales having been sold. The condition of the weather continues to be largely responsible for the «hang# In market prices. 1 nfavontlde fore casts for tomorrow hsve lessens 1 the l»e*r- Ish activity that doubtles* otherwise would have developed on a not altogether unfa* vomble map, bat the feeling Is nevertheless present that the ml vent of anything like Atlsnta. , , Augusta. . . , Charleston. . Galveston. , .Ittle Bock, . lemphls. . . , labile. . . . lontgomery. New Orleans. Oklahoma. , . Savannah. . , Vicksburg. , , Wilmington. .... V Indicates Inappreciable 13 Olit, Averages. i - ng n ner that had become familiar on the vlous days, but this time the drift the effort plainly was to sell rather tha H- was hard to discern any reason for the change In the speculative* temper liw tin* morning's news. Thl* political situation, which Is admittedly the main object of concern, appeared to outward observation to at least wear n brighter sspert. Noth ing developed that ws* disturbing In the money situation or In the markets. In the absence of anything t« which the tclliinr movement could be specifically referred* It ivas moat logically explained a* merely oim of those turns In a professional iuirL.-r which denote tha temporary shift of th** actlre trndlug element from the long i<» the short able. T<i afford a better basts for short selling, prices were run up sharply at the opening, with snerlnl attention to i'op- S ier. Hinelters, nnd rnloti I'mifle. Th*‘ (**|» Igare* were reached by the end of the first few minute*' trading. Then the press ure against the rsllroad list l*egnn to lu cres^*. and from then ou to uild-dny tho market slowly yielded. Ixnulon wag an actlre factor In the stock- market tills morning, buying fully 3).0»o “ eeb The railroad list generally was firm, with price changes small nnd without much Im portance. An- Important feature of tho trading wna the strength of Meet «6*», which made n new high record nt M. Government bonds unchanged. Other Imnds Arm nnd active. fHE LONDON 870CK MARKET. 1 STOCKS—BB Ainalgsmntetl Oopper. 1 . Anaconda.. .. .. Atchlaon .. do, preferred.. Chicago and OreitV Western!! Chesapeake and Ohio. . . Chic. 3111. and 8t. l'aul. Erie Illinois Central.. I/nilsvllle nud Nashville.. . Mexican Central Missouri. Kansas and Texas, preferred. New York Central., . Northern l'aclflc. . . Ontario nud Western Pennsylvania ; Heading Hock Inland Kouthern l'aclflc Kouthern Railway. , , Union l'aclflc. .... .. United Rtntca Steel.. do, preferred... . Wabash .. do. preferred. M .10 .06 rain fsTT REMARKS. Temperatures were* generally higher In the eastern portion of the belt except In Mllmlngton, where they were lower. In flnlveston falls were reported In tempera ture; elsewhere over the *— —* changes were Immaterial. western part Light rainfalls were general, with the exception of Mobile district. w. a. mItchem. Temporarily In Charge. COTTON SEED OIL. October. . , No vender.- , December January. .... March. ..... July Closed steady. HI--- Jegree to the gradual evolution of sentiment, and, together with the selling of hedges by exporters ns requirements lie- ion ii.ii inniiion. airrnur less, good supiKirt Is fortbeomlng when Jnstlfled by weather conditions nnd until Itenver and Bio (irande. etaoln h.rttf. etaolu Ifllfl.Jd L. J. ANDERSON 4 CO/3 DAILY COTTON LETTER. krt to open down i(J)i points, but the open- - r **- * »rlod of the !rl steadily glmve yestenlny s The weather map. showeil further rain* over th* belt.' nnd prediction* for • >t »9c l-'tt.T level. At present, the market acetns to tm looking for tomcthlng to coma to it* res* The reports are ronflletlng a* to the amount of damage that hn* been dona by the recent rains nud frost. e Hence. praying for moi - " rir aid. i bulls are proyViu? for more ralns snd frosts to come to their aid. whereas the Iwara warmer weatfi'r to __ much alwmt. ... .... the market seem* to Im a good scalping affair In a range of £9 or 49 points. THE SUGAR MARKET. "tiled weather would be reflected In loss of values. The receipts of cotton a* port * 8'ootlnu** niton! »*ii a parity with the year Itefore last, nr.d this large and SOUTHERN EXCHANGE OldMt i;«'.abl!«hp,l Offtc. South. CO not—SIOKS—BOMS CtUll Ground Floor Unuld Uulldln*. Daily market latter nnd mnrk.t manual malltd "n awlloatkm. WJI. I. I’EF.I. Fmldent. noriKiiT r. uaddox, vie. rrm<tm JAS. I*. WltfMOU. Aui.t.nt Cn«lll.r. 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 annually in our Savings Department. LJ. ANDERSON & CO Bankers and Brokers, GGTTOH, STOCXS, GRAIN Correspondent's Capital $250,000 REFERENCE. THE NEAL DANK PHONE «4fT. PRUDENTIAL BLOC Safe Deposit Boxes ALONZO RICHAR0S0N & CO., For rent in our vaults in the basement of the Empire (Building for only $5.00 each per annum. , Absolute Security and all Modern Conveniences You should not be without one. We lulls you to call and Inspect them. Title Guarantee and Trust Co. Toe iotntwin* .non.- sb»ws receipt* at tbait. Interior town* today, compared with Hie ] same day last year: PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone, Main 853. ATLANTA. GEORGIA. LOWRY NATIONAL BANK Designated Depository of the United States. CAPITAL $300,000.00 SURPLUS 400.000.00 UNDIVIDED PROFITS 140,000.00 1X4 1995 ij A general banking business transacted. g Houston 23157 J99!3 |! Foreign exchange, Letters of Credit. | Vlemnh!* • rr>i •itr; 4279 7W 1 CoiTcsponds direct with the National Bank of S (TiK’litnatl. ...... ""Total 412 IV • 1 j [ Cuba. | frank Hawkins, President. |J M. Atkinson. V. T. Tannins C. Erwla. Astt. Cashier. Joseph A. McCord. CstMer. U. W. Dyers. Asst. Cashier. Third National- Bank Capital Surplus $200,000.00. $300,000.00. John W. Grant. IS. Y. McCord. DIRECTORS: j. ii. Sonally. Frank Hawkins. J. C*rro:t myne. II. M. Ark!tis<>n I! U Itaih'r Joseph A. MtflSfi Dsfld Wo-hvard. gsagB;aiB»Ba»«***wiSM»»TO