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

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■■■■I . I ■ THE ATLANTA GEORGIAN. WEDNESDAY, OCTOBER IT, [REND AT FIRST £arly News Gave the Ad vantage to t^| Bear Contingent. .JfRRJi NEWS AND GOSSIP Of the Kieecy Staple. p to!« . Gt, f'. rt . * etay. K - __ verpoiil cnhlfi: lower. Imh- iirV-iime HP Hhoulil Hill'll 11812 Invert. “Na“ SlH'l-. I'Ulllrh bonu.r of liS^KSd I'.cj'pllniis are n'lllng." stnte? tt ij , n«™nl. ,ll r e . r i *7 ,h ® *»tli Atlnntlc In itotml ami wet- Edited by Joseph B. Lively MARKETS Mr. Lively's twenty-fix of ed iting market* In Atlanta and the South hi? made Mm n rorotfwtttd au thority lu hi* specialty. Tit'S FLASHED From Wall Street. Private Wire to Ware A I.elnml. Sew Vciffc. Oct. 17.-Dow, Jones & Co. •nmuutry: American stocks in London Arm ftOftc RANGE OF NEW YORK STOCKS AND COTTON MARKETS «<£*•“•«« "'"I tomorrow. IV,,r «r* «PP«1 to CAUSED slight drop Renewal of Bad Weather in the Cotton Belt uaused Sharp Recovery. v.w York, Oct. 17.—Influenced by noor cable*, the undertone of the cotton m«rket at the outaet tvas barely steady, 2nd prices were 4 to U points lower. In the English market the decline was uld to be due to Belling And to reports of on Increased movement from the gouth There was heavy selling here sr local traders, In addition to which interests st Liverpool put out consider able cotton. The demand was irregular and governed more or less by the talk of larger receipts. ft ires e hattle between weather ronill- Hons on the ono itile anil weak Liverpool •arlr odlvees nml Ur. Prfeo's glnners* re- oort on the other ne to whether Initl or hf«r would ranke the prlee for eottoa. At Unit, the ndvnntnge was with the latter, me wenknese la Liverpool cuuilng n de cline of tfflO notate at the opening In New York, end was followed by a slight farther slump, duo noasildy to l’rlee'a rc- mrt of ginning at (be primary towna up to OctolMT 12. placing the amount at 208,- 00.1, ngnlnnt 190,000 In ISO*. Infevornble weather reports from the belt liegnn making their apiiemanee shortly after the opening. The off act was flnat noted In the I.lrerpool market, where prices after their 2 p. m. report stsrteil upwnrd, the belter feeling continuing up to the tlnae, nt which time an ndrnnce omr yes- terday’a dnnls of from 16314 point, wns [.1.'.','.", ro r:' of . are - • - hwl than had been geuenillyaup- Commerce snys: “Theo- * 6 * ,p j tr «»'*! sells utmost dully: °» a M* »cnle, If the room IS rsf? uS& , mmt£ xve * t * tn ~ oTS£rrT>,^ : ■*$? '?”>•« t:; being, however, the market’s bull side •*£***• u * V* Kuvo been overdone.” The Journal of Commerce; “The market miVi not *w° < J U °°Hou goads for lieri of l''i" nr '' " , . ,leal irttll, While users or goods nre In-romlug more nrgi fjf. »«*rtiy deJirerle*. I» »,>„,<> elfrcc- irfXMjs. -coapied with {“? ;i n ^ r A n,u, >; ,n ,h, \ «7>tton market, has short 0 tfuie rp ndvnucel ** ln * made wlthlu n a ri s^.t ,r iss.Wn ,,, &j. c,ui1 " 12 *“ The market shows more than ever the !*? outsldo Interest. The principal buy ing has l>een by Liverpool and New Or leans, and on tV „ u larger lncnl traders nre selling. '•Snorts covering advance some of the Late Liverpool cable: °n further reports of bad weather.' Mitchell and locals are buying on reports - --- western belt. The reported iQiildfltlon of n large portion of the loug Interest in the foreign market indicates the trade s growing tendency. Liverpool cables: "Market feels the in- flnenee of bulls selling out their purchases. I)o not think can give way much nt present In consequence of the strength of south ern ninrkef* ** ern market*.' Today's map Is cloudy, with light sent, tered showers fnlrly general orer the bolt. The map In Itself Is not unfavorable, but Indicates, however, n continuation of un settled weather conditions. months the nctlvo Open. High. Low. October- November. .. .$.06 t.06 5.9 7 Jmiunrv-February. . . .5.90 6.03 5.93 March -April 6.03 6.06 6.97 .Mnv-June 6.06 6.W 6.M The spot market was decidedly weak, the quotation for middling l*elng marked down ■;) points, equal to 40 American points, to (.31*1 oa sales of 6.000 bales. steady, though the fluctuations covered narrow n “ J *“ **"“ “ slime lie. Wag mostly .. believe*! thnC Mr. Price is l»enr tiiougn tuc nuct'Mtions covered a margin during the morning well lie. Speculation U lacking, trading tostly of « professional cnarneter. The liearfth literature, latest: lew of the advices I am receiving with regard to the ginning, and in view of the furthey fnct that the total Interior movement for this week and Inst week will ex<*c«l the movement of 1904. except nt Memphis. St. Louis and Cincinnati, which are mvoudnr.v points of mvimnihitlou. 1 nui Inclined to think that the next glnners' report will be much larger than I bad pro- Tlmislv cxpcctmb” Foreigners think well of eotton, even at the previous higher figure, ns they hnvo taken cotton freely from the opening of the season up to the present. The following shows the amount export- with the same time last yenr: 1906. 1906. Orest Britain 416.068 356.6*9 Frame 107.833 119.356 Continent.. .. 444.444 490,171 Japan snd Mexico..., 8,069 3,460 Totals 978.433 970,050 Comparative reeelpta at all United State* ports: Net receipts today,. Same tiny Inst ytar.. Increase , Total receipts for four days...... name days Inst year Increase „ Total receipts since Reptcmlter 1. Hame time last year...#.,.., . , Decrease Movement nt Atlanta: Kempt* today Homo.day Inst year .... 46.209 -:iSS 219.990 .... 1.02S Intense.. .. .. ,, 9hlp»tents bslay. . . "■we day last year.. iHvrease t 9t«ek on hand today....... •sate day last year.... becrense , Estimated tomorrow: Nejv Orleans.... >e« Orleans 10.600 to 12,609 8,137 '•nlveston 22.0)0 to 34.000 21.466 ,, r ° l V ,< -* w to W.f» 12.475 It looks .as though I Tic * ‘ f bc market. H All his brokers ’nre S'iLHf Du JWi selling. Hie market broke New Nork. Oct. 17.—Liverpool futnres opened quiet, but steady and unchanged »n near; 1 up on late. At 12:15 p. to.. 4«6 down and easy. Bnles 6.000 spots. 20 down, at 6.34. Futures due to come 1^2 up. The New York cotton market opened nlmnt ns expected. Trade comparatively light, with cttuimliffiloii houses fair buy- off bull movement for present. New Orleans. Oct. 17.—The cotton market opened easy nt n decline of 8®9 points ou unfavorable cables. rabies nre very unfavorable, and espe cially for it lVediicsdtty. Knot sales are small nt the Rctisntlonnl decline of 20 points; 500 new tenders da not speak well for the demand. ITois reports from New York say that the dry goods market Is active and flrni. Harr Ip Jordan wires F. II. Ilnynu: “My estimate of crop 11.500.000. IMcf ‘ ' “ * a slump In spot cotton.'* * not predict NAME OF STOCK. AiUHlgitiunitH* Cobptff.. .VAMR of stock. .JIKHtl Atlauttc Coast Liuc. American Sugar ltef. Anacoudtr. American J,oct>motlre.. do. iireferred. . . , Arnsr. soliciting Bvf. . do, preferred. . nreierreu. . • . Aiucrlciin Cotton OIL . Amor. Cur Fouudry.,. Baltimore .V: ublo. . .. Brooklyn lispld Tran.. titimdliia l'sclfle. . . . Chic. & Northwestern.. Chesapeake A Ohio. . . Colorado Fuel & Iron.. Central Leather ... do, preferred. . . . Chic. A Great U’esfo. Chic.. Mil. & St. P. . . Bell ware ft Iludsou. .. Hlstlller’s Securities... I •: i ** do. prefMTed. , Lfimral Kleetrlc. is Central. 4UIUUI8 » entrns. .... Amer. Ice Hccurlttex... Louisville ft Nashville.. Mexican Central. . . Mlttonrl Pacific. . *•«*',*: io* ! ioD*4 u5^j ii5‘r TIN 1 * ur,-i ii N. out. a: Western. l^ 1 * 1MV* National Lend. m isi? 35‘i 46 ■ 322H It Tyj6j WU VRV 150^4 1914 1S0\4| itlU 2104: 21)-%’ 210ft 210^ 61*» «0T4 , : 'V Ip 'S3 'S3 m* &6^ Total stock sales today C93.200 shares. 37ft : Northern Par I tic. . . . New York Central. , . Norfolk ft Western, . . Pennsylvania People** tins Pressed Btee! Car. . . do. preferred. . . . P.iclfle Mull Iteuillng Bcpublb- Steel Bock lihud. ..... do. preferred, . . . Laired states Rubber. •Jo. preferred. . , . Southern !*nclfle. • , , | Bouihern Railway. . . • II ao. preferred. Sloss-Shefl'Seld. . . . Ten ii. Coni A Iron. . Texas ft PacICf. . . . rnlon Pacific Unit*»i! States Steel.- preferred. Vn.-Car. Chemical, do. preferred. . Western Union. Wabash do. preferred. a I k» vo partly. Chesapeake nml Ohio meeting today, but dividend action doubtful. Bethlehem Steel directors adjourned yes terday without action on preferred divi dend. and meet again today. Democratic committee of Brooklyn. led by McGovern, repudiates Henrst. President Corey, of United Htntea Steel, NEW YORK. AD(S IB Cotton M- il,t. Nor. . Dec. . Jan. . . Feb. . , li A 5 9 li 11 .10.9911.14 lOJttlll.w [0.96 11.14 .11.13111.28 .11.21 11.33 11.31 11.31 nlr.. . . -li1.29111.37111.29 Closed steady, 11.06 11.02-04 11.06-07 10.96 10.97-98111.02-03 11.04)11.03-04 11.07-08 1UM3I1L15-17 11.19 11.19-20)11,23-24 11.26 11.26-27111.30-31 11.31 11.28-30 11.16-37 11.17 11.32-34111.39-39 LIVERPOOL The following flgjrea /l**e the opening range and dose, compared with yesterday’s dose Futures opened easy. Opening. _ Previous October. . . Oct.-Nov. . Nov.-Dec. . Deo.-Jan.. .. Jnnunry-Feb Feb.-March. March-April. Range. Close. Clos< ..6.10 -6.04 109 6.08 ...6.05 J.Wft 6.06 6.03^ .6.99 .... .6.01 -6.9U 6.03ft 6.01 '^ft 6.03 April-May 104^.01 6.07 6.04 NEW ORLEANS, The following Is the range In cotton fu Hires in New Orleans todAy: Oct. . Nov. . . Dec. . . Jnn. . . Feb. . . March. . May,. . June. . July.. Closed steady. | 5 I $ |»j { | | si ! I i 11.07-99 ” -• 11.04 ll.00ill.09 1I.I4II.I8II.17-18 ! ill. 22-24 11.36; 11.SO 11.38-39 11.60lll.61lll.6042 | 11.66 67 ! 11.6042 11.11-13 11.13-14 11.22-28 jUMfihiHVHI states, causing n decided fall In tempera ture in the plnfenu region. Temperature* changes east of the Rockies as ft rule slight and unimportant. 11.27*29 11.42-43 11.55-56 li.60-42 NOTES ON .GRAIN Pointer* on Provision*. Rrowu hid 10.15 for 2.000 T>eceml»er. The market Is steady nml has nn upward tendency on bulling In ntillclpntlon of bad weather over belt. Bpots are firm at quo tations. Brown bidding for cotton. T*ooks like he wants It. The agricultural department wires the cotton exchange that It will Issue im No veniber report, and that Its next bulletin will be given out about December 19. when the crop will be estimated. The weather map Indicates a drtxxllng rain over a large portion of lhc cotton belt. A Liverpool cable says: “Market feels tlic Influence of bulls selling out. I to not think prices enn give way much, because houses were the principal sellers.” WARE & LF.LAND'S DAILY COTTON LETTER. New York. Oct. 17.—There wns another decline In the early market, due to a break of 6 or 6 points In Liverpool, but short cov ering soon milled the market nud prices ran up 15 points before there wns much cot- Private Wire to Ware ft Lelnml. Chicago, Oct. 17.—Cables again come aid the bulls In wheat and the opinion Is gradually growing that the value of wheat Is around prescut prices and higher. Favor buying wheat, corn and oats on nil dips. The Northwest Is buying wheat. Two loenl pit traders ore abort on wheat and are coming In on strength at Minneapo lis. larg< < v» ;e. nml they ought former In particular lu hands of brokers. Offerings light. Trade Influenced by firmer cables. This Increased movement of - hogs with prices 10 to 16c lower than Saturday and a little talk of hog cholera should have de pressing effect on provisions for time 1ms- B»ff* . f'he Inter-Ocean sars: That nn elevator i’hlcngo elevator men sixty days ago, when the Investigation Into tin* charge that public elevator men were violating the Illinois warehouse law was started before States Attorney tfely. Then There Is said to be sn open Interest In Octolier lord of 20,000 tierces and a much larger Interest In November lord. Shorts have been getting In for two weeks, and ton for sale, on every advance there nn evident desire to realise on cotton, but nt the same time sentiment Is so confused, the damage by rain nml frost so great, that demand from spinners would be sufficient to keep prices nround this figure for some time to come. In many ways the market has the appearance lireM-m, inn mm IIIU »»»»- iiiit*siii1imviiii that the reaction toward lower figures would proceed In nn uninterrupted fnnblon. In fact. It looks very much ns though fear of next glnners’ report and the low quality of much of the cotton now Iw-lng picked until reeelpta become large enough to be n depressing factor on the market. Rears are getting a little more confidence, and for that reason the market may not move ns rnpblly ns heretofore unless another •Hfhtly In the late afternoon, the close be- ««<*t 207 points lower thnu yea* SPOT con ON MARKET. entdiii solar; mfiMlInt. 'W-.OM; "Btr, 5.000; Amcrtrnn 3.000; <*1»N re&lpt* 43,000; Aim rim n 42.500. Atlsntn. steady at 10Sidle. ^ ork. dull nt 11.25c. Driesna, firm nt llftc. Augusta, steady at Uc. J^ftunah, quiet at ]01S-]6c. m. Lotils, steady nt llftc. 'ii.lrt st «Ur. stonily nt 115-lOr, -.1"", strnrty nt ItUr. n" ll !!','L or -, nomlnsl it ttV Si i^ c «z ;:L k - « ,«hc. *L«Nlr. Rtmity nt 11c. ' lutrtrnton. Htrmly nt J0%c. vXii E X Y P R !5 COFFEE MARKET. of ri , v ff . v h **, rauge nmi close Ji r> the Npw coffee market for to Jnnuni v.. l ’ J '6riiflry, i March April.. .. M«i}-.. . ' June.. . July, .. * ** August..'’* Gc,rt!„, r ’ Novcnihor Onenlng Range. ..6.5'4.55 ..6.51-6.60 . .6.9)4.65 . .6.6V6.70 ..6.75 ,.6.75-6.86 . .6.80-6.86 . 6.8.V6.90 .. .6.95-7.00 Close. 6.30-6.55 6.56-6.6) 6.604.65 6.664.70 5754.00 1004.06 1164.90 1004.96 7.00-7.06 spell of bad weather sets In. We look for nn Irregnlnr market, and with good weather should not l>e surprised to see prices work some lower. nanny ana com. 31 Isslsslppl—Vicksburg. .Nntrhex and Yn- :oo Ulty cloudy and threatening. Corinth md Aberdeen cloudy and pleasant. New nnd Aberdeen cloudy and pleasant. Albany, Holly 8prings. Amory nnd Tupelo cloudy and warm. Meridian cloudy and Alabama—Troy cloudy and pleasant. Rei ms threatening nnd warm. Montgomery raining. Opelika threatening rain nnd pleas ant. WEATHER FORECAST. Georgia—Occasional rnln Wednesday ami Thursday; fresh, possibly brisk northwest winds. Louisiana and Misllsslppl-Fnlr Wednes- good, but from the continent It Is and has l*een poor. Brocks bsve decreased shnrply In Chicago nud the Weat. nnd the trade looks upon their lard as worth the money for January, ns October Is selling at Dftc. ; nor I hern 2fte over December. There were good Hour sales Monday. Country receipts arc good. WHEAT OPENED SLIGHTLY HIGHER Higher Liverpool Cables and Higher Northwestern Were Factors. Chicago, Oct. 17.—While the upturn In wheat was small, the feeling was Btrong. The net trains were I-4@3-8c. Cash wheat was In demand In all po sition*. 32 loads being taken by the seaboard, Including >2 loads at Duluth and 300,00 Obushels c. I. f. Buffalo; 80, 000 bushels sold here and I loads at the seaboard; 105,000 bushels oats here and 50.000 bushels at the seaboard. ' Corn closed I-8@I-4c higher; oats were up l-4©3-8c and provisions were off 3 1-3© 25c. Primary receipts wheat 1,013,000 bush els and corn 708,000 bushels, against 1.007.000 and 441,000 bushels, respect ively, a year ago. Clearances were 108,000 bushele wheat, 255,000 bushels corn and 25,000 bushels oats. CHICAGO GRAIN MARKET. Chlrngo grain and provision quotations for today follow: Previous Open. Ill3b. Low. Close. Close WIIKAT- •Inn Julf.. m gg m Kansas Ulty cash wheat was ft to lr lower, with So. 2 hard 69ft©72ftc nml No. 2 red 70#jT7l*ic. Car situation Is said to be more eongested than ever. Uasb wheat at 8t. Louis wns off ftc, with No. 2 red 7&76c and No. 2 hard 72<fi4c. Deliveries on OetolH»r trades yesterday were 15.00) bushels eorn, 360 tierces lard nnd 100.000 pounds rilw. On the call bids on eorn to srrtvo yere unchanged to ftc higher, while on oats they were off ftc. Kale* were 2.000 No. 9 lM»tfer, year shipment. J9ftc» track. Chicago; 2.000 No. 3 corn, November 16 ship ment, 42ftc, traek. Chicago: 10.00.) No. 3 corn. Novein!*er 15 shipment, 4Iftc, through r.113 f A |W1 V.m * /I.M* •hL.lfllll, » . CORN- _ Dec 42ft May 43ft ’ ily 43H OATH— Dee 33ft S S'H July K l*ORK— Jnn.... 13.70 S3ft mk 33ft May.... 13.17ft 13.90 LARD- Oet,,„ 9.40 Nov..... 8.92ft Jnn. .. 347ft I i i 13.63 13.67ft 13.72ft 18.12ft 13.67ft 13.87ft MOVEMENT LARGE; WEATHER BETTER New York. Oct. 17.—The Run says: “A J *_ . _ i* jlqulifstlon part ly on stops. landing bear opera tors were * ” •" - spot Interests also continued to sell.' There’ Is to lie no report on the condition of the i on November 3, the usual monthly i being deferred till December. As the gures were expected to be bullish, this announcement alone hns bad n more or leu depressing effect. Then n false report was circulate*! that there would be no report on Octolier 25 In regard to the quantity ginned up to October 13. This falsehood was nailed by Director North -himself. Rut the bullish enthusiasm plainly showed signs of diminishing. The disposition Is to go more slowly after an advance of 310 n lisle. New Orleans and Llverjiool room operators nnd Wall street sold. Increasing receipts nnd reasonably favorable weather will al most certainly bring about lower prices. Hut the world so Irndly needs “ ' food weather woufi quite certainly bring about another buying movement nt home and abroad, which will carry prices upward again. The dry goods reports continue fa vorahlt." New Orleans, Oct. 17.—The Times Demo crat says: Hneeulntlou exhaustion, some manipulation, bullish flnsnrlnl news nml re port* of strenuous activity on the part of spot people In the Interior kept the cotton market in a state of turbulence, even though the trade wns within comparatively restricted lines. Meanwhile, bullish con fidence expanded under the Influence of damage was as great. If not greater, than reasonably conservative folks believed. The magnitude of actual cotton gagements adds to the price optimism. ...j*l ss yet Itenrish efforts to re-lM>oat big crop bless have failed to create enthusiasm. But the farmer Is now being advised to sell freely. The Immediate future will In* weather and spot situation, the speculator to the contrary notwithstanding. Most peonje are convinced that the ndrnnce in values has been too rapid, but few can Sm yet. figure on “ * short operatic weather had rain — . ..m the entire belt* Hbnrp reactions would sur been too rapid, i»nt tew can. os out any approximate safety In itfcuis. principally Ini-ause cloudy id rnln are forecasted for nearly nines III* luiliirii rai lollg OS WM*t r ,«,iniiirs ntv maintained by the interior, sift Ilojvcc er, with the filling of October coin- 33ft mltinciits. some lessening of the tension lu the actual cotton market will bo lugl- * - v*-Wi * 8IDR8— Oet.. 8.22ft Lfitk ii an.... 7.42ft 7.46 t A8I1 WI IK AT— 1.16 7.40 No. 2 red 73ft«74j No. 3 do hard winter 7314976; Xiv 3 ilo WU m xo CHICAGO CAR LOT8. f»lBed; Id.OOD No. 3 corn, ten days’ shipment, 44ftc. track, Chicago, nml 13.000 No. 3 yel low «*orn, November 16 shipment, lift*-, through-billed. Wheat stocks nt Minneapolis Increased 260.000 bushels for three days. A Duluth . ... _sulutti. Kievntor men nre paying 2c over Duluth l>ei*eu»l»er nml 3ftc over Minneapolis December, nml not getting half euougn for eastern mills." To prevent n corn famine. Governor Ahu- mndn. of JalliM-o, hns made nn apiient to the general government of Mexico for the removal of dutv from American corn for lAiumiuiiK -MI-4 :: v ", iriiiii.ui ''I v Y* lay nml Thursday: warmer In north nud ! importation. This request hns been made light variable winds, be* Tennessee iind Kentucky—Fair Wednes day; warmer lu extreme west port'—* ,'exns—Fair Wednesday, with warm er In north iiortlou: Thttrwlay fair In sontb showers and colder Jn north Portlou. Arkansas, Oklahoma and Indian Territory ~ - —i%’*.in<k*.i.iv Thursday Alntiama and West Florlda-rarUy cloudy We.lne**lay and Thursday; light variable winds, mostly uortlicnst. Kaat Texas—Fair Walncatlay nnd Thurs day; somewhat warmer In the Interior nnd ' It. «■ i. r lu lit A W ||)dS. I)C- I*e*"»ilMT. .... •ioseil steady. 1>64.5> - ^54.50 6.594.55 extreme North treat—Partly cloudy. 26 to 64 nltove; gen tiered rnlus. Northwest—Generally elomljr. 44 to C6 de grees above: rains' In the Dakota*. West nml Southwest—Gcuerally cloudy, 46 , °nh ) |o r,M VaUey-GencraBy dear, 54 to 6) above. GIBERT & CLAY " «■ *USAMA »T. BONDS, COTTON. GRAIN. COFFEE. PROVI8ION* ATLANTA. OA petition from the hind uc** men .ImIIbco. The corn crop in that section . Mexlc*» Is reported to Im* very light, owing to the many floods this year. Governor Ahmundu says there will In* a shortage un less some remedy Is taken to relieve the situation. There Is n scarcity of corn In many other Mexican states. It Is reported, due til no to the floods. Private Wire to Glbcrt & Clay. . . fhlcago. Oct. t*.—The health fulness of the actual ciihIi wheat situation a serfs Itself on the soft spots, nnd will continue to do Kllll think corn a good purchase. TODAY’S PORT RECEIPTS. The following tsbie shows 'scripts st tk# ports today, compared with the s*m« day lust year: MEMBCRAi tiahsston Cotton Exchaugsk ■-•Ml and Lena Dtalnu*'TsIsphoSs sSsSi* n. FAGAN. M.nsn.r, ALONZO RICHAROSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone, Main 853. ATLANTA. GEORGIA New Orleans. . Galveston. . , Mobile. . . . Savannah. . . . Uharleston. . . WlimlngtfMp^f. Norfolk. Boston. . . . Plillndelphla. Wheat., Uorn.. .. nnts.. .. Hogs.. .. Today. Tom«*r. 72 a 279 270 PRIMARY fdOVEMENT. The following figures give Urn primary movement of wheat nnd corn: Wheat—Receipt* today LHI.Mfi hnsbels. against 1.686,090 bushels last year; ship- men's today 814,09) bushels, against 315,- 000 bushels last yenr. today 798,09) bushels. bushels lust year: shin* mehts fo*ln.r <60.609 bushels, against 4*«,- 0jo bushels Inst year. a gal list 441 .< LIVERPOOL GRAIN MARKET. Wheat—Opened ftc lower: at 1:3) p. m, ntd wic higher. ftftftc higher; closed ftWft** higher. NORTHWE6T CAR8. rally due.’*—Ware k Inland. GIBERT A CLAY'S DAILY COTTON LETTER. New Orleans. Oct. 17.—Liquidation of a large portion of the long Interest again . aused n depression In prices abroad. Ilow ever, the unfavorable weather affecting the belt am? the strength of Houthern markets were Influences that ten*le*l to lessen the effect of free offerings. Options closed 2«3 points over yesterday, end spot quota- tlona wt-re down 20 points, 5,000 bales tinring lieen sold. The condition of the weather continues to be largely responsible for the labor scarcity Is not nlnrmlng. mocks freely offered In loan crowd. Ktaten Island Steel Company starts next month. It will give employment to 1,60) men. Present quotation of copper In New York highest ever recorded. * lbilnucc of tmde nt present docs not In dicate nn.v gold exports to Europe. Thlrty-nluc roads for first week of Oeto- ■“ how average gross Increase of 10,08 per cent. Unsulnn bonds continue to Improve In London market, nud are giving a better out look to business In Pari*. All directors re elected nt annual meotlug Twenty active rails .9S per cent advance. THE WEATHER. LOCAL FORECAST. WEATHER CONDITIONS. The depression off the east Florida coast hns caused rnln lu the south Atlantic states from Virginia to Florida. At 7 n. m. rnln was still falling In this section at Norfolk, Wilmington. Barnrinab. Atlanta, Jnckaoti- allle and Tnmpn. There hns been rain In nil districts of the cotton belt -except in southern Alabama. Also In^he middle west and the Missouri valley. The smonuts were FIRMER IN TONE Loudon Was an Active Fac tor, Bifviug Heavily Cop- v per and Steel. RAILROAD. LIST FIRM Changes Smftll aud Unim portant—Steel 5s Made New High Record. New York, Oot.‘ 17.—Today’* market mov ed lu the snuie Irregular, vacillating man ner that bad liecotiie fntnlllnr on flic* pre vious days, but this time the drift the effort plainly wn* to sell buy. It wns hard to discern any reason for Hit -hnnge In the speculative'temper in Ilia mge In the specitlntlve'temper in the rnlng’s news. The political situation. IcJi Js admittedly the main object of which is admittedly tlii* main object <>f concern, appeared tq outward observation lug developed M money situation or lq the markets' In the absence of anything to which thfc selling of those turnt lu n professional market > were Conditions favor rain lu this section to- ulght and Thursday. W. A. MITOIIKLL, Temporarily In Charge. COTTON REGION BULLETIN. STATIONS OF ATLANTA DISTRICT. •Atlanta, rain. •Chattanooga, rain. Colnmhu*. cloudy. . Gainesville, cloudy. . Griffin, cloudy •Macon, cloudy Montlcello. cloudy. . « , Xewnan. rain Rome, cloudy Spartanburg, clouily. . , Tallapoosa, cloudy. , . , Toooon. cloudy. . . , * West Point, cloudy. . . , -.Mlutinii ||| Jlf f CENTRAL STATION. Atlsntn. ...... Augusta rhnrlestou. . • . . . Galveston. . • • . . Little Ruck. . Memphis. in phis. ....... .bile. ...... Montgomery. . . . New Orleans. . . • Oklahoma, .... Savannah. . Vlcksburi Vicksburg. Wilmington. , . , . T Indicate* Inappreciable Dlst. Averages. ralnfoU, where they were lower. In iiumiibi<>i4. «4irrr lucj Galveston falls were rcimrted In tempera Dire; el*e*-lierc orer the western part changes were Immaterial. Light rainfalls were general, with the exceptlou of Mobile the long to the short side. To afford A letter Imsls for abort selling, prices tfere run up sharply st ‘he opening, with special attention to Cop ter. Smelters, nnd rnlon Pacific. The top Igurea were reached by the end of tho first few mluntes’ trading. Then the proc ure against the railroad list began to In crease. amt from then on to mid-day the market slowly -yielded. London was nn active factor in the stock market this morning, buying fully shares of Coppers and BteeT. Fractional advances In those stocks were reflected by a firmer tone In many other Issues during the first hour. The,most Important prim movement was In Pressed Steel Car with an adrnnre of 2ft points. The railroad list generally was firm, with price changes small and without much Im portance. An Important feature of the trading was the strength of Steel (5s), which made n new high record nt 101. Government bonds unchanged. Other bonds firm nnd actlre. rHE LONDON STOCK MARKET. STOCKS— •opper. Ainalga Anaconda.. Atchison .. 4, do, preferred.. Baltimore and Ohio Canadian Pacific... Chicago nud Great Western.. Chesapeake nnd Ohln. . . Chic. MU. and St. Paul. Krle .. .. Illinois Central.. .. Louisville and Nashville.. .. Mexican Central.. Missouri, Kansas and Texas.. do. preferred. . . New York Central., i. Northern Pacific Ontario nnd Western.. Pennsylvania - ... Beading ' Hock Island.. , Southern Pacific.. ,. .. Houthern Railway. . / . Union Pacific.- , United Stnteg Steel.. do. preferred... ,. , Wabash -.. d<<. prsrsrrM Denver and Ulo Grande ... ctnoln h,r«f ctnoln ifllfi.Jd shrdla I 2pm|Clos-Clc^i L. J. ANDERSON A COAT DAILY COTTON LETTER. COTTON SEED OIL. October. . December, 4 January. . idy closed steady. growing movement has contributed In no smsll degree to the gradual evolution of sentiment, and. together with the selling of Justified hr "weather conditions and until •dear dry days set In It should be fairly easy to maintain the present advance. New York. Oet. 17A-A rnthor quiet tuar- ket toddy for these excited times. Liver pool apparently dbl uot know how to view the slnintlon. but wn* somewhat weaker than due. This caused the New York iunr- ket to open down 4U12 points, but the open- lug was the weakest .period of the session Prices Immediately rallied steadily ou good buying for both accounts. nml nt noon the market was selling well above yesterdayw finals. The weather map showed farther rains over the belt., and prediction* for more tomorrow, which .caused shoris t*» dispose of their ’contracts nt the letter level. At present, the market seems to 1 m jo reports are conflicting ns to the amount of ilamsge that'baa been done by the recent rains and frost. Hence, the bulls are praying for more rains sml frosts to come to their a 10, whereas the bears are confidently looking for sunshine fttttl warmer weatf|*r to'bring about the big break they have talked ....... ......... ~ much about. In the meantime, the market seems to l»e a good scalping affair In n range of 30 or 40 poTqts. • THE SUGAR MARKET. New York. Oct. lT.-Hcflned and raw sugar markets steady,ami nucha aged. Lon- don l»cet sugar steady; October 9s 5ftd; November 9s 3*1. , Image In market prices. 1 nfavornble fore cast* for tomorrow have lessened the bear ish activity that doubtless otherwise would have developed on a not altogether unfa vorable map. but the feeling Is nevertheless present that the advent of anything like Uftlcri weather would be reflected In a loss of values. The receipts of cottou a* ports continue about on a parity mr‘ the yenr before last, nnd this targe and SOUTHERN EXCHANGE Oldtst Estabtl.tied Office South. COTTOU—STOWS MMDS-—CRlIH Ground Floor Gould Building. Dully msrXH letter nnd inarktt manunl malltd nn spt»Mc«tlon. WU. L. I'BBt. frntdenf. ROflBBT r. UADDOX. Vk» Pr.tMtnt THOMAS J. l'ftrtrr.ES. Cathler. iamek o. i.estku. A„t,rant corti... JAS. P, WUCpSOU. Awlstant Ca.M.r. MADDOX-RDCKER 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. , THE.METAL MARKET. L. J. ANDERSON & CO Bankers and Brokers, CGTTOH, STOCKS, GRAIN Correspondent's Capital $250,000 Safe Deposit Boxes further ad- dd ami ou the Lead au*i spelter were steady. acrencNCt. the neal bank PHONE 1417. PRUDENTIAL BLOC For rent in our vaults in ike basement of ins Empire (Building for only $5.00 each per annum. Absolute Security and all Modern Conveniences You should not be without one. We trails you to call and inspect them. Title Guarantee and Trust Co. INTERIOR MOVEMENT. Th* following ratise shows receipt* nt fh* r Interior towns fodsy, conn*'*** with the 1 same day last yenr: 19)1!) 2368 4279 LOWRY NATIONAL BANK Designated Depository of the United States. CAPITAL $300,000.00 SURPLUS 400,000.00 UNDIVIDED PROFITS 140,000.00 A general banking business transacted. Foreign exchange, Letters of Credit. Corresponds direct with the National Bank of Cuba. Prank Hawkins, President. . . _ H. li. Atkloroo, V. P. Tcomi* Erwin. Arat. Cashier. Joseph A- McCord, Cashier. R. W. Wyers. Aut. Cashier. Third National Bank Capita! Surplus $200,000.00. $300,000.00. Dr. A. W. Calhoun. Milton Dn;*gsn. John W. Grant McCord. DIRECTORS: Frank Hswklrs. If. M. Atkins**n. Joseph A. McCord.