Below is the OCR text representation for this newspapers page.

t 1(» THE ATLANTA GEOliGlAN. CA1UIUAV, LIVERPOOL BETTER THAN EXPECTED v Futures x)bpartnicnt Did \ Yfist'ndhy^S Decline., SPOTS SOME LOWER Close in New York Was Steady at Small Changes .Erom Yesterday. New York, Oct.: 27.—The cotton mar ket opened steady 4 to 7 points advance. ConsIdeQpbto; liquidation, due to. calls for rttarglna, wfla offset by covering attiongi^he .foom traders,^who were all shortvand desirous of'eventng ufr* for oyer Surtda^. * * Changes In prices of cotton for future de livery were Insignificant. On some coverlnr the quotations were held steady, thougl J&..T4& rJaVat'-VM slon. the clos^nelng .steady 1 point lowet to 2 points hlgtfcr. .. A somewhat bitter Liverpool than ex pected was responslme for the better open ing In New York. The continuance or fa vorable weather and bcaTJ movement were factors for the slight eluktp. » Colder weather Is predicted/ for the holt, with light frost east of Texss tomorrow. tMr.M*neh wakes’theTcodltlon the crop to October 20, 59. against 63.9 last month and 61.9 last ■■ •» 1906. 1905. New Orlsan,....H'OOO-to-lTtfOO ' 11,467' ■ Oalreitoo....20,000. to,23,000 TI.IM' Houston.. .. .. .. ..17.500 tn 18,600 18,634 SPOT COTTON MARKET. Liverpool/spot cotton Miller; middling un lands o.90di sales 6,000; Amcricnn-4,500; speculation and export (00; receipts 2,400, sll American. Xirains; steadritiofte. New York, quiet nt 10.75c. New Qrlc.ns, cosy .at-109.16c. .- Augusts? .Iradly'ot % St. Louis, stesdj at l*Sc. „ T* b A Y’S; 00 Rf‘n EC EIPTS. The following table''shows* receipts nt the ports today, compared with the same day fast year: A . New Orlfin*.. Oalveston. . Mobile. . . . . . Savannah. . . Charleston. . . Wilmington. « Norfolk. . . ,'s Boston.. Jacksonville. TaUl Ilwomplete).., -INFERIOR MOVEMENT. The following table shows receipts at the. Interior towns today. (Oiufpured with the same gnyhty year:- 4 st. Loglj. i 1 Tntnlt ■ !*. 2123 ltHSfl M|* jpwei vC25 M |Jt2 HESTER’S WEEKLY • COTTON STATEMENT tVtokly stntemerit Mm*, the miwoiciitsof* corlsn shows an Increnee' In the nlovemetit Into sight compared with the seven days ending tilts date Inst year In round figures of 159,000, an Increase over the omue/uaya year before lust of 44,000, and nn Itierense*, over the same time In 1903 of '142,600. Tor the twenty-six days of October, the totals show an Increase tust year of 220,000, s decrease under 4he-same* period year be fore last of 162,000, and an Increase over the same lime In 1903 of 329,000. * Foe the. Hft have flaps**1, fifty-six days _J IHPHMV—.— nXS"TiW" r :677/jfe:" !?e M7 - 0W \ V* .The ,n mount brought Into sight during the'tMntffweek-Mhas 'bean ’60ZJUS) hales, ncnliftt 4C.5J4>for 'thevset^n days ending this date last-'year, 657.WU year lie fore last and 490,423 ssmo time In 1903, and for the twenty-six days 'Of-October *lt has l»een MtUn.’ against LMl.7l8.last jW. 2.034,00; gwr before last and 1,552,799 same time In L , . elpts • st all. United ■■■■■ 179, against 2,176,078 last,year, 2.536,080 year before last and 1,685,139 same time In 1903. Overland across the Mississippi. Ohio nnd Potomac rivers to Northern mllla and Can- S .72,700, against 72.671 last year, 96,746 year are last and 47,441 same time la 1903; 1 ti er stocks In excess of those held nt agsl last era. njlli year, __ same 4tme in 1WB. These make the total movement for the fifty-six days of the season.’ from September 1 to dste,^,679,789, against 2.976.760 Inst year, iMjfflowr before last and 2,303,032 same Foreign-exports for the week have been 272.163, against 199,001 last year, making the total, raui jfir for the season 1,314,456. n|alsst'i*l,22llC^4 last year, an .Increase of Northero *mllls takings nnd Cannda dur ing the past seven days show a decrease of 24,60ft ns compared with the correspond ing period last year, and their total tnklngs since September 1- have decrease rt),812. The total takings of American mills. North, South and*Canada, thus far for the'senson have been 669,704, against 745,419 Inst year. These Include 261,738 by Northern spinners, against 32&w0* Stocks at the seal»oard and the twenty- nlne'lmdthg Southern Interior centers have Increased during the, week 322,459 bales, against an increase during the correspond ing period last season of Ilf,429, and are now 231.227 smaller than at this date In 1905. Including stocks' left over at ports and Inferior towns from the last crop and the nuafptr of hales brought* Into (Bight thus far feomYthe new ;erop. Jhe supplyAn date Is 3.177.558. against 3,421.320 for the same period last .year. NEWS AND gOSSIF Of tho Fleecy Staple. Private Wire to Olbert A Clay. . New.York, Oel. 27.—Liverpool closed-11H lowefi \wn duo 14 to 18 lower. We should oiHjn 7 ti*Xl3 higher. a N ’ JJrei*podI cabK-s: “Market affected unfa vorably by, seUUVg.Induced-directly and dhrectly Uy Bust<ttttst estimate of 13,000,< ('resent movement entirely^ speculative. 1 Weather predictions are lor fulr today and American 2,284,679 1,886,089 2.942,176 lu sight 2,867,835 2,281,382 2,998,461 For week 676,453 500,686 Port receipts 454,749 Stocks 861,761 Exports 270,383 lut. receipts 338,618 Int. stocks 340,277 lut. shipments 287,870 261,440 371,658 690.350 224,967 324,437 29U29 411,784 292,460 943,227 2-J8.695 258,350 466,802 203,291 .cables by the not dt-Mlrous of having their lut through Kunday. On any such Improve- mny occor the sale of cottuu report* of 1 Ain hituiu;* “The season Is late and picking It behind,/Only* about 50. tp 60 tier-cent .living gnUiwed, us against' 77 In 1906 nud 80 lu The Journal of Commerce says of Geor gia: ‘The top crop has been largely taken by frost, hut the plnut In a number of sec- mutely *70 per cent guttufiwd..< This thau two previous ybhrs, when it was and 79 per ceut picked respectively, t bor Is scarce aud cotton.Is sold us fast gathered, with few exceptions.'' The weather map today Is Ideal, not rop of rulu nor even cloudiness lu' ai ni t of the belt. Judications. are for. WORLD’S VISIBLE. S NEW YORK. 8 The following la the range In cotton fa* „ tore* In New York today: y u a. <1 a 1 a S I n i [a J* Oct J- Nov Dec Jnu Fob Mnrcb. . . . April. . . . P &::: July i&i) 10.27 KM.- 10.44 10.57 10.63 10.70 10l22 10.31 10. S) 10.44 10.56 10.57 10.61 10.72 i o!a 10.22 lo.: 10.43 10.47 last 10.56 ib‘70 R22 I'M I 10.33 10.43 10.51 10.67 10.67 io!ii 10.16-20110.15-18 10.20-22 10.21-23 10.24-25 10.22-24 10.32 10.31-32 10.40-42 10.39-41 10.50-51 10.48-49 10.61-53 10.49-51 10.68- 59 10.58-59 10.60-62 10.59-61 10.68- 70 10.66-68 •' Closed atendy. f mpipn if the commercial ‘•.year 2u7,519. agslMt^tejK4flssLxear.t3ier,814 i yeiir before •--t'TndkSKWfsante HmeHn^nsr Honth- ‘-"-tings 442MOO,*;ag«Uist• 419.216 last i-vear . before last-and 317,576 crease‘for ‘f fib we6k '/list 'cld'sbd * Of' 3&3,261 against on Increase of 113,994 Inst year aud ,an Increase; of 236,248 yenr before -Inst. The total visible Is 3,000,000, against 2,640, 047 last week, 3,666,216 last year nnd 2,927,140 year before last. H)t this the total of American cottdn ls‘2^60,288, nTgalnit.1,829,- 047 Inst wbek, 2,^2,216 last ypar and'2.436,140 year before last, and of nil other'ltlndft, In cluding Egypt, Brasil, India, etc., 750,000, against 748,000 Inst week, 724,000 last year nud 491,000 1 year before ,ltst, ' The totgl visible supply of cotton, ns *nl»ove, 'shows an Incfeaae c6mpared with Inst week of 360,251. a ilecreafto compared with last year of 665,918 ami an Increase compared with year before Inst of 73,158. Of the world's visible supply of cotton, ns above, there Is uow nflont nnd held In Great Britain nnd continental Europe 1,312,- 000, ngainst 1,802,000 last year and 1,449.000 S ear before Inst; In Egypt 106,000. against 1,000 Inst year nnd 106,MOT year before Inst; In India 390,000, against 378,000 last year and 190,000 year Iwfore last, nnd In the f’lilted Htntes 1.191,000, against 1,400,000 Inst year nnd 1,182,000 your befqre-last.', SPINNERS’ TAKINGS AMERICAN COTTON Secretary. Hester’s statement nrthfe 'tnk liigft of AiiierlChn cotton by the world’i •Inners Is ns follows: [eck 24lPE5piflprjfeIrjra#|nst «6,i nnd Vim}« iWi^Jast.d . lice mtearoerfl. X546.O0O. ngatnat last yean and 1.429,000 In’ 1904. ,Of this Northern spinners nnd Canada tpok 262.000 bales this year, • against 823,000 liiHt year, nnd 318,000 the year before. South ern spinners 428,000, against 423,000 Inst year iftid 381*000, AHo’yqar before, nml foreign Hpluners 855,000, against 932,000 last year and GW,046 tho YMf hafWPTTIJ ;,M ? RECEIPTS hSaVy. WEATHER IDEAL . New York, Oct. 27.—The StuTsayai Too mu ('ll for the bulls were the enormous re- celptsv the favorable weather nnd a rumor that Huston has estimated- the crop nt 13,- two,ooo ifnlrtC^ lie eatimnHit lt Irtst yenr-Oc tuber 30—nt 10,250,000 Imles nnd a month tatei< at lO.fiOO.WOOftidless It turned'Out to Im» 41*346,000. There seems tu be some doubt whetlibr”'he Tias ’nMtmily maflb'* any- estt niAtq ns yet, but there was an Impression that he had. whether any public announce ment of It was Intended nt this time or not, nnd certainly It happened that people very close to hliu were regarded us heavy sell ers. It Is understood that his estimate, whatever It is, will be given out this morn ing. In any ease, tho pressure was suffi cient to cause n further sharp decline IUj spite of the fact that n good many people think that altogether too much signifi cance In given to the gluuers' report, see lug that tne October and even the Novem ber movement of the crop may turn out to be very deceptive, ns It certainly was In 1903. Mr. Price Is understood to have sold heavily, closing out most or all of his hold ings. h*. T. Hubbard sold e * * but on the decltue bought belt gave cumulative force to bearish sen timent and support was withdrawn when further rumors of n monster crop estimate came from Liverpool. Instantly tpo hnm- mer brigade got down to work, stop-loss orders on long accounts were quickly re- porte*| and the talent began to talk of 10- cent cotton as a very near certainty. The magnitude of the movement played n star role. Today's price los of some 28 points was brought about so swiftly that the lings were a bit atnnscd nt the weukness displayed In the face of a prospective yield, logically little. If any. larger than the world’s legitimate requirements. On the other hand, the probability of a production ample enongh to go around Induced ninny n hard-pressed long to fear thnt 10 cents, after all. was a fair enough price nt this stage of the game, nml the fact thnt Europe was n ready buyer on the basis of Thursday night's cable*! offers exerted no lasting Influence on room sentiment. Clearly the spot market Is not noting lu keeplug with preconceived bullish views, the non- bearish showing of the gluners* report to the contrary not withstanding. With perfect weather as a bearish spur, the staple again Is placed sqnarely on tne defensive, a im*sI- tlon from which the Interior has rescued the cotton crop mnuy times In tho recent past, a fact which the average liear Is over pass llghtlv -Glbert forget. Ignore ver when things are going his way. A I'lay. 18 K. ALABAMA ST. GIBERT & CLAY STOCKS, BONDS, COTTON, GRAIN. COFFEE, PROVISIONS. MEMBERS: Orleans Cotton Exchange. ATLANTA. CA - I Chicago Board of Trade. Or cans Stock Exchange. ) Liverpool Cotton Ass'u. W wJfL I 2y , V£°^ , ? , * of Tr "‘ ,p ! Galveston Cotton Ex. WIRES TO ALL EXCHANGES. .Lt«al -and Long Diatanca Talephona *298. C, E. KEPLINGER, Manager. L-JL , ALONZO RICHARDSON & CO. PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone, Main 8&8. ATLANTA. GEORGIA. Edited by Joseph B. Lively MARKETS Mr. Lively’* twenty-five years' experience of ed iting markets In Atlanta and the South has made him a recognised au thority In bis specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAME OF STOCK. Amalgamated Copper. Atlanta* Coast Line. . American Sugar ttef. . Anaconda. American Locomotive, do. preferred. American Cottou Oil. . Am. Car Foundry. ; . Baltimore & Ohio. . . Brooklyn Itapld T. ... Canadian radfle. ... Chicago & Northw n. . Chesapeake A Ohio. . Colorado Fuel A Iron. Centra! Leather. . . . do. preferred. . . . Icago & Great W. . engo, M. A St. I*. . Delaware & Hudson. . Distiller's Securities. . Erie do. preferred. ... General Electric. . . . Illinois Central Am. Ice Securities. . . Louisville A Nashville. Mexican Central. ... Missouri Pacific. . . . fit. NAME OF STOCK. N. Y„ Ont. Ic W..tern National Lead. . . . Northern Pacific. . . New York Central. . Norfolk A Western. Pennsylvania People's Gas. . Pacific Mall Reading. Republic Steel Rock Island. . . . . . do. preferred. do. preferred. . . Sloas-Sheffleld. . . • Tenu. Coal k Iron. • Texas A Pacific. . . . Union Pacific United States Steel. do. preferred. . . Va.-Car. Chemical. * do. preferred. . . Western Union. . . . Wabash do. preferred. . • Wisconsin Central. . do. preferred. . . Total stock sales today 346,000 shorea.' LIVERPOOL. Tho following table glres the opening range and close, comnared with yesterday's close: Futures opened steady. Opening Previous Range. Close. Close. October.. 5.71 5.71 5.82 Oct.-Nov ,..6.66 5.65 5.77 Nov.-Dee 5.62 6.61 5.72% Dec.-Jan 6.61 6.61 6.72# Jan.-Feb 5.65 6.63% 5.75 Feb.-Morch 6.67H 5.66 5.77*4 March-April 6.70 6.68*4 5.80 April-May 5.72 6.70*4 5.82 Mny-June 5.74*4 5.72# 5.84*4 June-July. .... .5.74 5.74 5.86 Closed steady. NEW ORLEANS. The following is the range in cotton fa- tnres In New Orleans today: tztrr. Nov. . . Dec. . . Jan. . . Feb. . . March. , April. . May.. . IIIII 10.33)10.35110.35 10.6910.62 iol57 io!58 10.67 Closed barely steady. m 110.27110-25-26 .... 10.18-14 0.1510.15-16 10.24110.24-25 .... 10.80.32 i0.44 10.44-45 .... 10.49-60 10.58 10.57-59 .... 10.62-63 ....110.68-70 10.42- 43 10.30-32 10.82-33 10.42- 48 10.48-50 10.62 10.67-69 10.76-78 10.81-S3 10.87-88 NOTES ON GRAIN Pointers on Provisions. Rosenbaum, head of the J. Rosenbaum Grain Co. “According to grain statistics, tho average dally run of a freight car, In cluding time lost on side-tracks nnd from other delays, is only fifteen miles. If this car were made to run ten miles an hour there wotild l>e freight cars to burn. It now takes about ten days to get a freight trnlu through from Chicago to New York. If op erating conditions were properly syst tired nud the through freight not held by the pick-up business, side-tracking and switching cn route, there would be no rea son why n through freight could not get through In four unys." The Minneapolis flour output last week Increased 12,000 barrels, according to the Northwestern Miller, as wired to Logon A Bryan. This made It 158.000 barrels smaller thnn In 1906. The quantity of flour turned out was 316,780 barrels, against 474,195 In 1906, nnd 292,896 In 1904. Three mill* were Idle today, and the week's output la likely the unsatisfactory- condl „ trade. The volume of business done by different groups of mills fluctuate/i from week to week, accordlug to their customers' n#dda of -flouE ^Foreign business for the week was light. Only n limited quantity of patent was sold by Minnesota mills. Minneapolis mills made, 2.G28.480 barrels,of flour durliig August and September, com pared with 2,580,000 barrels durlug the same period Inst year. Flfty-eicht country mills made 1.472,000 barrels during the same pe riod this year, against 2,236|000 barrels last year. From fytptrmlicr 1 to October 18 Inclusive the shipment* of durum wheat from Duluth were 5,530,000 bushels, of which 3,997,000 bushels were No. 1, and all of It with the exception of 80,000 bushels wont for export. THE DRY GOODS MARKET. New York, Oct. 27.—Belling agents have made such extended forward engagements thnt they ate welcoming the present quiet. There Is atlll a large business being done, but there Is less flurry In the trade aud umro disposition to hold things steady In the way of values for next year s goods. Thnt higher prices will be named even tually seems to be the general opinion, even In the most conservative circles, but It la thought that matters cannot be helped any by naming them at this monfent or for some weeks to come- until there are more goods In sight. COTTON MOVEMENT DURING PAST WEEK Following Is finperintendent King's state ment of the weers and season's movement of cotton Into sight: Weakly Movement. 1906. 1905. Fort receipt* Overland to inllle and Can- ndn Southern mill takings (eetl- 467.415 19,492 65,000 43.442 590,349 29i,8da 20,720 52,000 44.660 411,243 Gain of stock at Interior towns Brought Into alght for the week Total Crop Movement. 1906 1 1906 Fort receipts.... Overland to mills and Can- 2,174,429 72,338 975,000 200,53) 2.822.287 2,235,735 75,161 353,000 284,072 2.948,168 Southern ralll taking* (esti mated) Stock at Interior town* in exoeaa of September 1... Brought Into eight thus fnr for eeaeon CHRONICLE’S WEEKLY WEATHER REPORT New York. Oct. 27.—Our telegraphic ad vices from the Honth this evening indicate that the weather has lw»en quite favorable ns a rule during the week. Over a consider able section dry weather has prevailed nnd elsewhere the ralufail has Iteen light or moderate as a rule, ricking has made good progress end the movement of the crop continues liberal.—Glbert A CIny. NEW YORK BANK STATEMENT. The weekly statement of the New York Bank Association ohowa tbs following changes; Reserves * ....77.... I 1*00 ns 20.026.300 Specie Legal* 1.389.800 Iteposlts 27,634,600 Circulation $ 252,900 «... WEATHER FORECAST. Georgia. Louisiana. Mississippi and West Florida—Fair Saturday and Sunday. East Texss—Fair Saturday and Sunday; colder In northern portion Sunday. West Texas—Fair Saturday and Sun-, day; colder Sunday lu north portion. { Arkansas—Fair Saturday, colder lu north-1 western portion; Sunday fair ami colder. I Tennessee—Fair Saturday and Sunday;' colder Bandar. WHEAT OPENED HALF_CEHT HIGHER Very Little of the Cereal Was,for Sale at the Advance. Chicago, Oct. 27.—Reports that several Minneapolis flour mills would shut down took the edge off the wheat market after n sharp advance early today. Closing prices were %©*4c higher. Corn at the end was firm to *4@lc up, and oats steady to f4c better , Provisions were eas ier at the close. Final quotations were un changed to 2*4c lower for pork, lard un changed to 10c nml ribs 2*4<(25c lower. Primary receipts of wheat were 975,000 bushels, ugalust 2,236,000 bushels Inst year. Clearnnees were 258,000 bushels wheat and flour. 255.500 bushels corn and 237,000 bush els of oats. Cash business reported here was 25,000 bushels wheat, 106,000 bushels corn and 196,« 000 bushels oats. flonboard sales were 11 loads wheat, 2 loads corn and 150,00(h bushels oats. CHICAGO GRAIN MARKET. for today folk Open * WHBAT- Dec.r..,. 73*4 May 77# J ta- 7 ‘ 5 fc: S* July..,. 44*4 OATS- Dec 33*4 jfc i POKK- Jan..., 13.80 13, May.. 13.85 13. LARD- Oet 9.75 Nov... 9.37*4 Jan.... 8.37*4 BIDES— Oct.... 8.30 Jan.... 7.50 May... 7.65 and provision quotations GIBERT d CLAY'S DAILY COTTON LETTER New Orleans, Oct. 27.—Sentiment abroad Is not fully reconciled to the belief that the glnnlngs report lately published has no par ticular bearing on the ultimate yield. Re sistance Is dally shown to any marked de cline In the American markets nnd options are only fairly responsive, In consequence closing prices today sbowlug a loss orer yesterday of II to 12 points, while spot sales amounted to 5,000 bales 13 points dowu. The weather and its controlling influence as to the movement of cotton is largely a factor In shaping the course of price changes. The ideal weather lntely prevail ing has given considerable Impetus to fur ther progress in gathering nud marketing the cropland receipts each day now show u marked Increase over the previous years. The bearishness of the week-end statement of supply likewise hat removed any doubts existing as to the litoral manner In which supplies are being brought Into sight. The Increase for the week is 124,000 Imles over the corresponding period-year before Isst and 246,000 hales greater than last year, while the comparative inactivity of spin ners’ demauds la plnlnly evidenced In the taking of only 244.000 bales this week agnlust 296,000 Inst year nnd 331,000 year be fore Inst. While Influences at the moment nil greatly favor a lower level for values. It must not lie forgotten that the suscepti bility of the weather to change may find n roKponslrc tUy la the sentiment of the trsae. S' i & S 8* * 4454 C 4fs P imafflm 9.75 9.65 9.6S 9.75 9.37V4 9.32J4 9.32ft 9* 8.40 8.37ft 8.37 ft 8.37ft 8.30 8.16 1.15 8.40 7.50 7.45 7.45 7.50 7.86 7.57ft 7.57ft 7.80 J. T. HOLLIS 31 AN, PrMld.nt F. J. FAXON. Vle,-Frp,ldont. IV. L. K1SMP, Tmmurer. J. W. ANDREWS, Secretary. UNION SAVINGS BANK Four Per Cent Inter est Paid on Deposits ASSETS $150,000.00 One dollar starts an account. Houra: 9 a. m. to 6 p. m. Sat urdays till 9 o’clock at night DIRECTORS t THOS. .T. PEEPLES. TV. B. STOVALL. F. J. PAX ON'. W. O. FOOTE. J. T. HOLLKMAN CLYDE BROOKS,J. M. JOHNSON. L. J. ANDERSON A CO.’S COTTON LETTER Now York, Oct 27.—The cotton future market was active today, and while the trade was well distributed there was a disposition- on the part of bears to close out their commitments over the Sunday Interval, and In the last half hour the list showed 99aslderable strength. The Price Interests were figured to Tio long of cot ton, and their position was confirmed by an estimate from Price ludlcatlng n yield of about 11,330,000 bales. This was bull ish. considering the estimate of Ellison, which suggests thnt the consumption of American cotton during the ensuing year will approximate over 12,000,000 bales. The movement contlnded liberal today, and tho receipts were heavy, the weekly statistics, on the whole, being bearish. The weather conditions, as a whole, were favorable for the continuance of {ricking operations, and already there are claims that the next gin- ners' report will he bearish. The spot mar kets were dull today, with spinners inclined to hold off for a clearer idea with refer ence to the probable extent of dntnago nnd TIPS FLASHED From Wall Street Private Wire to Glbert'& Clay. v Now York, Oct. 27.—Dauiel Odell & Co.; “We think market may have further ral ly today, lu which event would sell for turn. Do not expect decided movement until after election." Dow-Jones' summary: Loss of currency to the interior since outward movement began now 881,196,000, being 37,254,000 more than the total loss for a, !T prevlods crop mqyement period. United States Steel statement, to be is sued next Tuesday, will be highly favorr hie. but change In dividend leu probable. Vanderbilt lines order 85,000 tons Jteel rolls, making orders for 150,000 tons Spaced bjr railroads this week. Minneapolis and St. Paul surplus for year equal to 36-10 per cent, on common stock. Mexican National surplus for half year equal to 1.48 per cent on first preferred Some slackening In demand for cash at le West and SOhth. Banks ldst * on week's currency move ment 37,188,200. 4 - , Dun's Review says traffic delays, high money and labor markets and labor unrest have not checked commercial progress, on the whole. . , „ Bmdstreet's says trade is unprecedentedly active for the season. _ Twelve Industrials advanced .04 per cent Twenty active railroads advanced .12 per cent. THE WEATHER. LOCAL FORECAST. WEATHER CONDITIONS. Clear weather prevails this morning Throughout the entire cotton belt, with no rainfall for the past 24 hours. Beyond the limits of the cotton belt there wns rain Id lake region and upper Mlutssipp! and -A>url valleys, caused by a storm area of considerable lu tensity over the lakes. To the south and east of this atorm tempera tures as a rule are higher, being 10 degrees to 18 degrees higher in the Ohio valley and allghtly higher at most points In the cotton states. Following the storm from the west is a high pressure area now central over the upper Rocky Mountain region. This is causing a reduction In temperature as far south ns northern Texas and eastward to 8t. Louis nnd Chicago. Conditions favor fair weather in this sec tion tonight and Sunday; somewhat colder Sunday. W. A. MITCHELL. Temporarily In Charge. COTTON REGION BULLET!N. STATIONS OF ATLANTA DISTRICT. Atlanta, clear. ! . . •Chattanooga, clear. . . Columbus, clear. . • • Gainesville, clcaf. . • . Greenville, clear. • • • Griffin, clear. . • • . •Macon, clear. . . . • • Montireilo. clear. . • • . Newtian, clear Rome, clear Spartanburg, clear. . . Tallapoosa, clear. • . • , Tocoa, clear West Pol nt. dear. Max. Min. STOCK MARKET Traders Were Aggressive on the Bear Side Again This Morning. ; CAUSED LIQUIDATION Fractional Declines Made in Majority of List in the First Hour, , N.w York, Oct 27.—Tli. climtx ot a. puzzling zltuntlon In tbo money markrt w*. rrnchcd today, the bunk reserve be. Inf entirely effaced, ns the preliminary He. tire, bad forecasted, a decreaw of oaf. 3527,275, was shown in that account. Thnt I. uot due to any dlicrepsncy In the rash a tlmtte, todzv’a decrease of 37,400,000 acre., f very well with yesterday'. forec«.ti. Bat tho zurprlilng .hrlnkife of 320,000 00] In loan, baa completely changed the char, acter of the atatement from what bad been expected. All that can be uld of thta remarkable dlacloiure 1,. first, that laat week's stock exchanfa liquidation ha, been much heavier than appeared In the surface, and that thq loans dozed out tbla week In London have not yet been re. il«ced by equivalent hoik credits here Jodar'a .took market opened dnir, nnd for the first half hoar lay Idle. Then ,ome hint of the bank showing mi eugreited In a alow hardening of prices, which wae succeeded after the appearance ot the fig. ores by a sharp rally. Some active cover, lag took place In Yhe lut few minute, ot the trading, eipecl.lly the Steel atocki. The Mexican lane, were again couple- uou.Iy strong. _ New York, Oct 27.—The stock market opened dull and Irregular, with the majority of abarei, however, ohowlng advancei of •■—i per cent The strongest stock, were ding and Great Northern preferred, which were up ft each. Advancei of ~ r cent were «corml In Baltimore and do, Atchison. Southern Pacific, Steel and Sugar. Pennsylvania lost ft. Union Pacific ft per cent and Canadian Pacific off ft and Brooklyn Rapid Transit ft. The stock market was under presinra -I- with the room trader, aggressive on the bear aide and Important liquidation at k..queue intervals lu many stocks. Is the early part of the first boar, prices made fractional decline. In th. majority of tho list. Other bond, quiet. Government bonds unchanged. , LONDON STOCK MARKET. 'Minimum temperature, are for tirdlve-hour period ending at 8 a. m. this date. Light frost at America., Gq. CENTRAL STATION. Atlanta. . Augusta. . Charleston. Galveston Little Iloek. . . . . . Memphis Mobile Montgomerv New Orleans Oklahoma. . . . , . Kkvannnh Vicksburg Wilmington T Indicates Max. Min. Tt Dlat. Averages. Hi -Tor COTTON SEED OIL. Octotor. . November. December. Jnnunry. . SOUTHERN EXCHANGE Oldest Established Office South. COTTON STOCKS BONDS GRAIN around Floor Gould Building. Daily market letter and market manual mailed on application. LJ. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Correspondent’s Capital $250,000 REFERENCE. THE NEAL BANK PHONE 1417. PRUDENTIAL. BLDG HUBBARD BROS & CO., hSts Atlanta Offices, 219-221 Century Building. Members New York Cotton Exchange. New Or leans Cotton Exchange, Liverpool Cotton Asso ciation, Chicago Board of Trade, New York Cof fee Exchange, New York Produce Exchange. Business solicited for the above exchanges. Direct wire servite. Correspondence Invited. Phones 454, Long Distance 39. A.S. Hustacc. Mgr. inappreciable rainfall. REMARKS. The temperatures for the last 24 hours were slightly lower In the eaetern portion of the belt and considerably higher over the western part. Clear weather predomi nated orer the entire belt, with no ralu- fall. W. A. MITCHELL, Temporarily In Charge. CHICAGO CAR LOT8. , Today. Tomor. £<>™ '. .. 203 234 nog. sooo THE LIVERPOOL GRAIN MARKET. higher* t- ° Pened unch#n ** J ; closed He fgjfr-dptoed *4c higher; closed Uff*4c 8TOCK8 Amalgamated Copper. . • . Anaconda •• Atchison do, preferred . Baltimore and Ohio Denver and Rio Grande.. Erie Canadian Pacific.. .. ,, » Illinois Central .. .. Kansas nnri Texas.. .. do. preferred Loulavluo and NaahvlUe... Northern Pacific.. .. .. Ontario and Weatern. Pennsylvania.. Philad ‘ *’ Rock Southern Pacific... Southern Railway.. .. do. preferred.. .. Bt. Paul Union pacific United States Steel., do, preferred.. .. . Great SEABOARD AIR LINE. „ Following were the closing quotations of Seaboard Air Lina stocks and bonds. Bid. Asked. Seaboard Air Lina, common..., 24ft aft 3 o, first preferred.. 80 85 o, second preferred., .. .. , 52 65ft do, 4s •„ ... 82ft 13 do, three-year 5s .. 99ft m do, ten-year 6» ,102ft 103ft NEW YORK COFFEE MARKET, Following Is the opening range and close of the New York coffe market for today; Otvenlng , Unnve. Close. January.. . . X40 a.364.40 February a.*0-6,45 6.45-6.S0 March 5.65 6.55A« April fi. 60-8,70 6.608.65 May 6.70 6.708.71 June 6.158.86 6.758.80 July.. .. 6.55-6.90 6.558.9) August.. 6.908.96 6.90-7.M September . .7.00 7.06-7.06 October ..6.20 6.308.3 November. ...... ..6.16810 6.308.3 Decemebr; ..6.808.85 6.3830 Closed steady. Safe Deposit Boxes For rent In our vaults in the basement of the Empire (Building for only $5. 00 each per annum. Absolute Security and all Modem Conveniences You should not be without one. IVc invite you to call and Inspect them. Title Guarantee and Trust Co. 3i % Compound Interest la the rata your money will draw If depoilted In tho 8AVING3 DEPARTMENT of H CENTRAL BANK AND TRUST CORPORATION CAPITAL $500,000.00. CANDLER BLDG. STRONG, SAFE, CONSERVATIVE Vo „ u ,nv ' ted f0 ea " and inspect our quarters and Investigate our facilities to servo you. A hearty welcome awaits you at this bank. A8A G. CANDLER, President. W, II. PATTERSON, Vice-Pret. A. P. COLE8, Cashier. WM. D. OWENS, Aset. Cashier. JOHN S. OWEN8, Vlee-Pres. r ATLANTA NATIONAL BANK ATLANTA. GA. £' ▼ ‘tiiSa'M R :,. Pre o de PJ- A ' E ' THORNTON, Vloe-Prealdent. H. T. INMAN, Vice-President. QEO. R. DONOVAN, Cifhler. JAME6 8. FLOYD, Ats’t Cashier. Capital......... 3500,000.00 Surplus and Undivided Profits $500,000.00 We Solicit Your Patronage.