Newspaper Page Text
Itf
==
THE ATLANTA OEOHOiAN.
tiAXi-UUAl'.
JwLU -t, Uv?.
LIVERPOOL BETTER
THAN EXPECTED!:
NEWS AND GOSSIP-'
01 tho Fieecy Staple.
Futures - Detriment t)id
Folly ■ Respond > toV-j
(^relay’s Decline. -
SPOTS - SOME LOWER
Close .in Yew York Was
Steady. At Small Changes
. .. From Yesterday.
to0(n.,tra4ef0« who were all
- >u» of? evening, up for
New York,-Oct. 27.—The cotton mar
ket opened steady 4 to 7 points advance.
Considerable - liquidation, * due to^ calls
for •mai'jlrw. w&s offset by covering
&monfethe**od{n. i tr
f»\ort|ohdjdestfpus
Changes In prices of cotton for future de
livery were Insignificant. On some covering
the quotations were held steady, though
the opening advance' of 2@<5 |»olnts , wag
mostly u l<fctT ■*■»©«*< timrn, krtHM* UM.
slon. the close
to 2 points higher. «
A somewhaCOistter- Liverpool than-ex
pected was rrtrponsfble tor the hotter open
ing In New York. The continuance of fn-
roraldc weather and heavy movement were
factors for the slight slump.
Colder weather Is predicted for the belt,
wftn.light frost east of Texas tomorrow.
Tb*.-l*rlde makes thfe condition of * the* cron
to October'20, 69,. against 63.9 last month
’rlrate Wire to Glbert ft Clay.
Jlitw
low eg.
neai* to 13 t
Weather predictions are lorfafr today and
Ujmt'rruv^uail colder In western belt.
1 olluffing*la the statistical pmdtjou of cot
“ p b,r
„ Till, l I-aatJ” Last
Visible supply 3,014,«7 2,133,0(0 A6S4. 173
American 2.TO4.6TO l,!36.«o z.mz,17»
111 light 3,s67,!3i 3.-M.333 2.WM51
for week ■ 670,433 &J0.0H0 411,734
ffcrt receipt. 454,743 871,653 IVJ.WO
Stock. 501,701 030,350 343,337
Eiport. 370,383 334,307 300.086
Int. receipt. 330,018 334,437 360,360
lut. otoefa 340,377 331.733 460,803
lut. shipments £ff,87u ail,440 203,291
___ cables by the
trade calling for cotton.
Today being tiaturdsy, It Is very likely
that some Improvement In market prices
may occur on covering by shorty, who ore
not desirous or having their Interest extend
through Sunday. On any such Improve-
is that may occur the sale. of . cottou
attractive;. •ty .*
• The.Journal of Commerce reports of Ala
bama: “The M-UHoh ls into*and picking Is
behind,-ouly about 60 to « per ceut being
gatheredr us ngalust 77 In 1906 and W In
1904."
The Joarnal of Commerce says of Geor
gia: "The top crop has been largely taken
by frost, but the plant In a uumoer of sec-
‘.laps Is reported uninjured. Excessive pie
■IgltHthMi/ima catiaefl boll rpttlut-fcud de
iljVfl'pt' Ming. the crop -said to l>© Hpproxl
ustvlt 70/per cett tntUerekt This is less
Jhait two prevlogg years, wheu it was
and 79 pOr cent picked resixectlvely. 1
bur Is scarce and cotton Is sold as fast as
gathered, with few captions."
The weather map today is Ideal, wot. a
drop of ruin nor even cloudiness Jn any
purt of the belt. Indications are for u
'continuation of these favorable* conditions.
The western, forecast indicates fair aud
1906.
11,467
17.166
18,634
kfondayi * * * .
M - o. 1906. *'
Niv Orleans.* .. **.-.14.000,to47,000
8P0T COTTON MARKET.
speculation and export 600; receipts 2,400,
mlffinrlfrtdV.t 10s*.-„
New York, quiet at 10.<5c.
Ngw Orleans, easy «t*109-16c. • ***
fes-iffe."- :
. . TODAY’8 PORT.RECEIPT8.
1 •'
Tbe-followlngtabl* i»o*i r«f!pH at'the
jLtl
New
Galveston. *
Mobile. V. . . .
Havannnh. • .
Charleston. . .
Wilmington...
Norfolk. . . .
Boston. . ... .
Jacksonville.
Jotalw (Incomplete).
, r ..INTERIOR MOVEMENT.
The following table nh/itrs receipts nt the
Interior towns today, <oiupnred .with the
sainf day last year;
HESTER’S WEEKLY
COTTON STATEMENT
(ester's woekly statement of
dement of rattoushows an Incrensq
— jtoYinVnt Into sight compared wltln
the seven'days eudhig this date Inst year
In round figures of 159,000, an Increase
over the same days year tofore last of
44,000. and Ou Increase over the snnw time
In 1903 o* 142,W0.
For the twenty-six' days of Ortotwr. the
totals show an Incresse inst year of 220,W
■ 97,000, behind the
last 617,000, and
fore Inst u.... .... .
the same time In 1903 of 329,000.
For the llfty-six days of the sensdh that
bare elapsed, the
fifty six days of last y>
same days years Left
•besOLof 1906 by sn.OUOTM M ■
|Th»* amount brought ‘iitto' sight during
thp* i -t »R»©lt*\fa*s .-beep . 602,018 tyi*s,
Rgaltisi»*442 a r>3s/for> < 1 the <sefen’ days eisltng
tiisYdkte 1 as r year, 6W,wo>yesr before last
■M**4«<fc432*74mo tlme*ln 1903. and for
the 'twenty-six. days of October It has been'
1.8S2.3Q, 1 agalsst 1,661,?*.* last year, 2.034,002
year before last and 1,662*799 same-time In
b Itates |»orts 2,174,*
5,078 Inst year, 2.635,080 year
erore tan aim 1,686,10 same time In 1903.
hrfcrland across the Mlsslstilpid. Ohio and
totomac rivers to Northern'mills and Cau
da 72,700, against 72.871 last year, 96,740 year
•fors last and 47,441 same time In ]903; lu-
trior -stocks; In * excess-of those held at
tie close of the commercial year 207.619,
425,000,' against 419.216 last
ip ' before * last and 317.376
ipi
1 to,date, 2.679.789. against 2,976.780 last year,
3.33<CQ8 year before last and 2,303,032 same
Fofeljra>sporta for the week ha vs been
272.1 <L ngsinst 199.001 last'year, making the
total thus.fir for. the season 1.314,456.
against 1J51^74 last year, an, increase.^/
Northern mills takings and Canada dtir-
Ing the* past seven days show- a decrease
of 24.609 ns compared with-Hie correspond*
Ing period last year, and tbeTr total takings
slnci? September 1 liave decrease 49,812.
The total takings of American mills. North,
Mtutb and Canada, thus far for the seasou
bfete been <99,704.* agnlnat 74M19*laat year.
Them* Include 261,736 by Northern spinners,
against 327.550;
Stocks at* the aestmard and the twenty-
PP Jesdlog 44dutberu interior centers have
In«*reQs«>d during the week 322.459. bales,
against an Increase during the correspond
ing |>erfnd tart season of HI.420, and nre
Bow 231.227 smaller than at this date In 1906.
Including stocks left over at porta sod
Interior towns from the last crop and the
miqitwr ,,f bales brought Into sight thus
far. from the new crop, 'tie supply to'date
Is 3,177.5.7*. against 3,421,320 for'the saute
period last year.
WORLD’S VISIBLE
SUPPLY STATEMENT
The world’s visible supply of cotton, nc
cording to Secretary Hester; of the New
Orlenus Cotton Rxchange, shows an. In
crease* for the week Just closed of 360,231
against an Increase of 113,994 last year and
an Increase of 236,248 year before last.
The total vlslblejs 3,000,000, against 2,640,
047 last week, 3,066,216 last year and 2,927,140
year before Uit, , Of this the total of.
American* cotton js 2,^60,288,* against 1,829,
047 Inst week,o2,942,216 last y^ar on/i 2,436,140
'year l»eforo last, and of all other kinds',‘ In*
eluding Kgypt, nrasll, India, etc., 760,000,
against 748,000/ last week, 724,000 last year
And 491,000 year before last. .
The’total vialble Ripply of; Cotton, aa
nlKive,* shows> an Increase compared tHth
last week of ,300,251. a decrease compared
with last year of 666,918 and an Increase
“Dmpared with year l»efore last of 73,168.
Or the world's visible supply of cotton,
,.s alKive. there Is now afloat and held In
Great Britain and continental Europe 1,312,*
against 1.802,000 last year and 1,449,000
oar before Inst; In I^g/pt 106,000. against
;,000 Inst year and 106,000 year before last;
in India 290,000, against 378,000 last year
nud - 190.000 year before Inst, and la the
(’lifted mates 1,191.000, against 1,400,000 last
year and 1,182,000 year before;Inat.;
SPINNERS’ TAKINGS
AMERICAN COTTON
Heorotnry Hester's stateluent, nf tb« tnk-
Egs or American cottou by the world’s
spinners Is ns follows:
Isiweek r'
if andJ
since ft!
Inst yrnr^ojld
rtnetir i
ties this year, ags
last year, and 3li.090*the year before. SVmtli*
spinners 428,000, ngnlnst 423,000 last year
-uuu n 38UHp. Abe. Jjpnr liefore. nml foreign
frniiMH’Swil'.OTO. ngnlnst 932,000 last year aud
'•MmlOamwfi^fv-u
: fV -
WEATHER IDEAL
Oct. 1 ; .
Nor. . . ,
I»ec. . . ,
Jan. . .
Feb. . .
March. .
April. . ,
May.. . .
June.
Jul;
Itoher 30—at
4«Hr WV, .M.6QWW, bajM.. H^urae<k out to
1 Ifh.dujn ho hiM iBjiwSlj 1 S&Si-Slj 1
mate ns yet, but tliere was an Impression
that he had, whether,any piihltc announce
ment of It was Intended nt this time or not,
and certainly It happened that people very
close to him .were regarded us henry sell
ers. It Is understood that his estimate,
whatever It Is. will be.given out this morn-
October and even the Novem
ber movement «*f the crop may turn out to
be very deceptive, as It certainly was In
1901 Mr. Price Ii understood to have sold
heavily, closing out most or all of h!» hold
Edited by
'Joseph B. Lively
MARKETS
Mr. Lively's twenty-five
years’>xperlence of ed
iting markets In Atlanta
and the South has made
him a recognised au
thority la bis specialty.
RANGE OF NEW YORK .STOCKS AND COTTON MARKETS
NAME OF STOCK.
Anna lee mated Copper.
Atlantic Coast Line. .
American Sugar Bef. .
Anncondit. . , . .*
American Locomotive.
do. preferred. . . .
Am. Smelting Ref. . .
do. preferred. . •
Atchison. ......
do. preferred. . .
American Cotton Oil. .
Am. Car Foundry. . .
Baltimore ft Ohio. . ,
Brooklyn Rapid T. • .
Canadian I'sciUc. . . ,
Chicago ft Northw’n. ,
Chesapeake ft Ohio. ,
Colombo Fuel ft Iron.
Central Leather,
do. preferred.
.•tatlller’s Securities.
Erie
do. preferred. . • .
General Electric. . • .
Illinois Central. . % . .
"ecurltleSr . .
ft Nashville.
Mexlcau Central. . . .
Jlseourl. Pacific. ...
5?
K
o.‘
IIIGII.
Bt ‘
s
a
73
0
*J
u
w
HP
110
81*
S&
1MVS
iir
»i«%
iii*
153%
iii
1544
::::
101%
*43%
Ml
174%
2014
674
51%
36%
JMli
«'
17494
B
»%
101
’«%
78^
174
i
101H
I
ss
::::
m
2164
69
«4
V
#
43H
M
216
vV;
93%
i
94
173%
894
1434
21
• 984
94
NAME OF STOCK.
1
la
N. y.. Oat. ft Western. . .
National Lead
Northern Pacific. . ....
New York Central. ... *
Norfolk ft Western. . . .
Pennsylvania
People's Gas. .*.,'*. I . .
Pressed Steel Car. . ^ .
do. preferred. . ....
Pacific Mall
Reading
Republic Steel
Rock Island
do. preferred. .......
United States Rubber. . . ,
do. preferred
Southern Pacific. ......
Southern Railway. .....
do. preferred
Sloss-Sheffleld
Teun. Coal ft Iron. . .
Texas ft Pacific .
Union Pacific .
United States Steel. ....
do. preferred. . .....
Va,-Car. Chemical
Western’ Union. . .
Wabash. ......
do. preferred. .
Wisconsin Central,
do. preferred. .
! M
Total stock sales today 240,000 shares.'
NEW YORK.
The following Is tb* range In cotton fa-
The following Is tb* ri
tnres In New York today;
illy.. . . . 10.70
Closed ateady.
151630
10.20-22 10.21-23
10.24
10.22
10.40-42
10.60-61
10.51-53
10.58-69
10.1678
10.22-34
10.11-32
10.39-41
10.48- 49
10.49- 61
10.58-69
10.69-81
10.66-88
LIVERPOOL.
TLe following table gives the opening
range and close, oomnared with yesterday's
dose;
Futures opened steady.
Opening
Range.
..6.71
...6.66
. .6.62
, :k
•iS*
. .5.77
5.74H
October.. ..
Oct.-Nov. .
Nov.-Dec. .
Dec.-Jnn... ,
Jan.-Feb.
Feb.-March.
Marcb-Aprll.
April-May..
Closed steady.
.6.74
Prsvlona
Close. Close.
6.71 6.82
6.66 6.77
6.61 6.nt4
6.61 6.72^5
6.634 « 6.76
5.66 6.774
6.684 6.80
6.70U 6.82
6.74
6.96
; NEW ORLEANS.
The following I. th./ranff. In cotton to-
tnrwi In N.w Orlf.n. twl.y:
l'o.sS' lo.iSi
Oct. ...
Jan. .
Feb. .
March.
April.
.Jlny..
June. .
July.. ,
Closed barely steady.
i£27]l5:2£26lU2-4!
Ml I
I....10J3-14
10.15 10.16-18
10.24110.24-1
10J0.3I
10.44 10.44-45
10.49-60
10^810.57-69
10.62-63
.Il'J.W
10.30-32
10.32-33
10.42- 43
10.43- 66
10.62
10.67-i
10.76-'
10.81-1
10.87-88
NOTES ON GRAIN
Pointers on Jfrovlilons.
of rolling -stock In the country If the
the average dally, run of n freight car. In-
eluding time lost on side-tracks and from
other delays, la only fifteen mlleo. If thin
ear were made to run ten miles an hour
there would be freight cars to burn. It now
takes about ten days to get a freight train
through from Chicago to New York, If op-
eratlng conditions war —*—
tlxed and the through I
era ting conditions were properly systema
tized and the through freight not held back
by the pick-up business, shle-tracklug and
switching en route, there would b© no rea
son why a through freight could not get
through In four days.*'
The Minneapolis flour output last week
icreased 12,000 barrels, according to the
Northwestern Miller, ns wired to Logan ft
Bryan. This made It 168,000 barrels smaller
than In 1906. Ths quantity of flour turned
out was 316.730 barrels, against 474,196 In
1936, and 292,896 In 1904. Three mills were
Idle today, and the week's output la likely
to he arouml 325,000 barrels. Home leas
flour was sold Inst week by Minneapolis
mills. The fact that three mills are Idle
and that the output la 150,000 barrels short
of n year ago la pretty good Indication df
the unsatisfactory coudltlon of the flour
trade. The volume of business done by
different groups of mills fluctuates from
week to week, according to their customers'
seeds* o( flour. 'Foreign business for the
Vhelrwas light. Only a limited quantity of
itent won sold by Minnesota mills.
Minneapolis mills made 2,828.480 barrels of
flour during August and Heptember, com
pared withI?.MMiOO barrels daring the same
period last ywir,, Flfty-elght country mflls
made 1.4721000 barrels during the same pe
riod this year, against 2,236,000 barrels list
year..
— Heptember 1 to October 16 Inclusive
imetiti of- durum wheat from Duluth
,W,000 bushels, of which 3,997,000
bushels were No. 1, and all of it with the
exception of 90,000 bushels went for export.
THE DRY GOODS MARKET.
.New,York, Oct. 27.—Selling agents tiaVa
made such extended forward engagements
that they are welcoming the present quiet.
There Is still a large business being (lone,
but there is less flurry In the trade and
disposition to* hold
There Is still n larc
hut there less flMPQHmMNSPVM
more disposition to* hold things steady In
ftftMMg of values for next year's goodsi
lgh«r prices will I* named even
any by naming them at this moment or for
some weeks to come until there are more
goods In sight. •
COTTON MOVEMENT
DURING PAST WEEK
Following Is Superintendent King's state-
** *h«* week * and season's *»«■■«»»*»»»*
Into sight:
Waekly Movement.
rings were n bit ntnaaed nt
pre
after all. was n fair
stage of the game.
lasting Influence «
•ontrsry notwithstanding. With perfect
weather as a bearish siitir, the staple a
In placed squarely on .the defensive, a |
tlori from which the Interior has rescued
the cotton cron nmuy times in the reoent
past, a fact which the nvernge bear Is ever-
Inclined to forget. Ignore or pass lightly
over when things are going his way.—Glbert
SBC ALABAMA *▼.
OI BERT & CLAY
STOCKS, BONDS.
COTTON. CRAIN.
COFFEE. PROVISIONS,
MEMBERS:
ATLANTA. CA
Galveston Cotton Ex.
4 ; / . .PRIVATE Will LA TO ALL EXCHANGER.
JLm.1 *nd Long DuUnc. Telephone 5208. C. E. KEPLINGER, Manager.
ALONZO RICHARDSON & CO.
PUBLIC ACCOUNTANTS
I AND AUDITORS
Empire Building. Bell Phone. Main 86&
ATLANTA. GEORGIA
WHEAT OPENED
HALFJCEHT HIGHER
Very Little of the , Cereal
Was for Sale at the
Advance.
Chicago, Oct. 27.—Reports that several
Minneapolis flour mills would ahut down
took the edge off the wheat market after
a sharp advance early today. Closing
prices were %®4c higher. Corn at the
end was Ann to 401c up, and oats
steady to He better . Provisions were eas
,t the ’Close. Finn! quotations were un
changed. to 24e lower for 6ork, lard
changed to.lOe nud ribs 24025c lower.
Primary receipts of wheat were 976
..—7J96.00C —
a 258,00
ltls co
feport
. __ ffflftOQO
bushels, against *2,236.000 bushels last year.
Clearances were 268,000 bushels wheat und
flour, 266,600; bushels .corn aud 237,000 bush
els of oats. *
. Cash bosl
bu.hi'li wheat, 106,
000 bubal* oat* .
' Se*bo*nl Mile, -wore .11 load, wheat,
load* corn al*l 166,000 bethel, oat,.
CHICAGO GRAIN MARKET.
Chicago grain and prorlaloo quotation!
for today follow:
, . i •.,. /. , .. .. Previous
Ojjen. tilgh. Low. Cloao. Cloao.
..... 76% 76% 76% 76%. 76% toa * and' Their■ position was confirnuMl by
WHEAT-
Dec
May
July
CORN-
Dec 43%
May 44
July.... 444
- OATS—
Dec 33%
May 34%
Jan.... 18.90
May.. 13.85
LARD-
Oct 9.75
Nov.« 9.374
Jan 8.374
BIDES—
Oct.... 8.30
Jan.... 7.60
May... 7.66
GIBERT & CLAY'S
DA/LY COTTON LETTER
New Orleans, Oct. 27.—Sentiment abroad
Is not fully reconciled to the belief that thf
winnings report lately published has no par
ticular bearing on the ultimate yield. Re
sistance Is dally shown to any .marked dei
dine In the American markets and options
are only fairly responsive, In consequence
closing prices today showing a loss over
yesterday of 11 to 12 points, while spot
sales amounted to 6,000 bales 13 points down.
The weather and Its controlling luflueuce
as fo the movement of cotton Is largely
a factor In shaping’ the course of price
changes. The Ideal weather lately prevail
ing has given considerable Impetus to fur-
The bearishness of the week-end statement
Incrense for the week
the corresponding period year before last
and. 246.000 bales greater than last year,
while the comparative Inactivity of splu*
fore Inst. While Influences at the moment
nil greatly favor a lower level for values,
it must not be forgotten that the suscepti
bility of the weather to chnugo may find a
responsive* ally In tbo sentiment of ths
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
43H 4314
U8 M
g*
m
83%
S3
13.90
13.86
9.66
9.374
9.40
IM
8.30
8.16
7.60
7.65-
?:8h
8*
m &
t.n
0.35
».17K
«.M
T.5T
?.«
1900.
1906.
Fort rvcelpti
Overlnnd to iuIUb bd«1 Can-
Southern mill iaktri*'(estt'-'
mntiHl) ......
Galt) jOf atock at Interior
. IJ^ou^ht Into sight for the„
467,416
19.492
65,000
48.442
690.349
293,863
20,720
62’000
44,680
• 411,243
1 ■ Totel Crop Movement.
■' ■■ 1 riiSTSor
Fort receipts
Overland to mills snd Can-
2,174,429
72.328
375,000
290,530
2.822.287
2.226,735
75,361
353,000
334,073
2.948.168
Southern mill takings (estl-
Stock st Interior towns In
excess of September 1...
Brought Into'sight thus
far for scasoh
CHRONICLE’S WEEKLY
WEATHER REPORT
elsewhere the rainfall has t»een light or
NEW YORK BANK STATEMENT.
The weekly statement ef the flew York
Bank Association shows ths following
changes:
Increase. Decrease.
lie serves 3 627.273
Loans 20.025.300
Specie 6.048.100
' -lls 1.389.100
. oslts 27,634,500
Circulation f 252,900
WEATHER FORECAST.
Florida—Fair Saturday and Sunday.
Hast Texas—Fair Saturday and Si
colder lu northern portion Sunday.
Sunday;
ijr; colder Sunday In north tntrtlon.
Arkanaat— Fair Saturday, rolder lu‘north
western portion; Sunday fair and eoHter.
Teiiuessee—Fair Saturday and Sunditjr;
colder Sunday.
. T. IIOLLEMAN, President.
F. J. PAXON. Vice-President
W. L. KEMP, Treasurer.
J. W. ANDREWS, Secretary.
UNION SAVINGS
BANK
Four Per Cent Inter
est Paid on Deposits
ASSETS $150,000.00
One dollar starts an acoount
Hours: 9 a. m. to 6 p. m. Sat
urdays till 9 o’eloek at night
DIRECTORS t
Tnos. J. PEEPLES.
W. B. STOVALL. K. J. PAXON.
W. O. FOOTE. J. T. HOLLeSiAN
CLYDE BROOKS,J. M. JOHNSON.
which suggests that the consumption -
■ " ' lai
•ndltloua, at a whole, were favorable for
the continuance of picking operatlona, and
already there are olnlnia that the next gin-
nera’ report will ha bearish. The spot mar
kets were dull today, with snlnners Inclined
to told off for a clearer Idea with refer
ence to the probable extent of dnmngo and
general quality of the crop already gin
ned. Further good trading opnortunttlea
are expected to be offered In the market
for aome days to come, and scalping oper
atic 1 — •“
TI^S FLASHED
From Wall Street
New York, Oct 27.—Daniel _ __
“We think market may have further rnl
ly today. In which event would sell for
turn. Do not expect decided movement
until after election."
Dow-Jones* summavy:
Loss of currency to the Interior since
outward movement began now 361,690,000,
befog 37.2l4.000 more than the total loss for
any previous cron movement period.
united States Steel statement, to be Is
sued next Tuesday, will be highly favora
ble. but change In dividend less probable.
Vanderbilt lines order 85,000 tons steel
rails, making orders for 150,00) tons placed
by 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 ceut on first preferred
stock. •
Some slackening In demand for cash at
the West and South.
Banks lost on week’s currency move
ment 87.1K.2C0.
Dun's Kerlew saya traffic delays, high
money and labor markets and labor onrest
have uot checked commercial progress, on
the whole. »
Hrndstreet's says trade la unprecedentedly
actlre for the season.
Twelve Industrials advanced .04 per cent.
Twenty actlre railroads advanced .12 per
cent.
THE WEATHER.
LOCAL FORECAST.
WEATHER CONDITIONS.
Jttgh__
rainfall for the past 24 hours. Beyond the
limits of the cotton belt there was Vain In
the lake region and upper Mississippi and
Missouri valleys, caused by a atarm area of
considerable Intensity over the lakes. To
the south and eaat of this storm tempera
tures as a rule are higher, being 10 degrees
to 18 degrees higher In the Ohio valley
and slightly higher at moat points In the
cotton states.
Following the storm from the west la a
high pressure area now central over the
south os northern Texas and eastward to
COTTON REGION BULLETIN.
at 8 a. m., 73th
STATIONS OF
ATLANTA
•Atlanta, clear. . .
•Chattanoogn, clear.
f oluiubu*. clear. . .
nlnesvllle, clear. •
Ireenvllle, clear. . «
Irlfftti, clear. . • . ,
•Macon, clear. ...
Montlcello, clear. . •
Newnau. clear. . • •
Rome, clear
Spartanburg, clear. .
Tallapoosa, clear. . •
STOCK MARKET
UNDER PRESSURE
Traders Were Agg
on the Bear Side
This Morning.
ssive
tin
CAUSED LIQUIDATON
Fractional Declines Mad ia
Majority of List in th\
First Hour.
New York, Oct S7.—The ellmai of n.
puzzling situation In the mon.j o ar 8
was reached today, the bank renerre U
Ing entirely effaced, as tho preliminary fll
S&PLSrSKft *hat C account°* J
In loans 1ms coinpletelr chsntca ths chir
netrr of the statement from what h«(i
ho«>n AvnAnlixl All Ih.l **n k. „!•***' -
been expecteil. All that can be said
this reninrkn|,le_ disclosure Is, flrsr, ths!
of
Inst week’s stock exchange liquidation hi.
boon much heavier tban appeared in ,f!
surface, and that the loaa* closed out thi.
week In London have not yet been ?•
placed by equivalent bank credits hir.
Today’s stock market opened duir. and re,
the first half hour lay Idle. Thei iE
hhit of the bank showing was suggeihi
lif n slow hardening of prices, which
aucceeded after the appearance of the tvl
ares by n sharp rally. Some active corej
Ing took place In tho last few minutes A
the trading, especially tho Steel stocks!
The Mezlcan isauea wero again coasolcl
uonsly strong. * \
New York, Oct 7?.—The stock market 1
ipened dull and Irregular, with tho malorltr \
if shares, however, showing advances o'f 1
HOH.per cent The strongest .tocks weri
Iteadlng and Great Northern preferred,
which were up *» each. Adraacee of 'l
per cent, were ncored In Baltimore tad
Ohio, Atchlaon, Southern l’aclde, steel and
Sugar. Pennsylvania lost H. Union Paclde
» per cent and Canadian Pacific off % tad
rooklyn Ilapld Transit U.
The stock market waa under pressnrs
—I- with -he room trailer* aggreulre on
the bear aid* and Important liquidation at
the early part of
made fractional declines In tbo majority
of the list.
Other bonds qnlet.
Gorernment bonds unchanged.
hour.
. I"
LONDON STOCK MARKET.
'yilnlmum remperatnree are for twftre-honr
period ending at 8 a. m. this date.
Light frost at Amerlcna, On.
STOCKS
Amalgamated Copper.
Anaconda
Atchison
do, preferred ,’ 101
Baltimore and Ohio ..1113'
Denrer and Rio Grando. , J, *•'
Csuadiin Paclie.V*..*
Illinois Central. t ..... .. ~
Kansas and Texaa..
CENTRAL
STATION.
Atlanta. .
Augusta. ......
Charleston. . . . . .
Galveston
Little Hock
Memphis
Montgomery.
New Orleans.
Oklahoma.
savannah. .
Vicksburg
Wilmington.
!r Indie* tea '
Mu. Min.
«r
inappreciable rainfall
■ REMARKS.
of the li*lt and considerably higher over
the western nnrt. Clesr weather predomi
nated over the entire belt, with no min
ions may safely bo Indulged In.
COTTON 8EED OIL.
October
November. , . .
December. . . . .
January
March
May
July.
Closed atendy.
SOUTHERN EXCHANGE
Oldest Established Office South.
C 0 TTOB— 1 —STOCKS BONDS GRAIN
Ground Floor Oquld Building. Dally
market letter and market manual
mailed on application.
L.J. ANDERSON & CO
Baokers and Brokers,
COTTON,- STOCKS, 6RAIN
Corraspondint's Capital 3250,000
REFERENCE. THE NEAL BANK
PHONE 1417. PRUDENTIAL BLOC
■Hipjfijj
•mm
HUBBARD BROS & CO., mSants
Atlanta Offices. 219-221 Century Building.
Members New York Cotton Exchange. New Or
leans Cotton Exchange, Liverpool Cotton Aaao-
elation, Chicago Board of Trade, New York Cof
fee Exchange, New York Produce Exchange.
Business solicited for the above exchanges.
Direct wire service. Correspondence Invited.
Phones 4M, Long Distance 39. A.S. Hustace. '*
Temporarily I
CHICAGO CAR LOT8.
. Today. Tomor.
Wheat 84 TO
Uorn :.. 9» 234
Oat 60 382
Uogt.. WOO
THE LIVERPOOL GRAIN MARKET.
hi tm e0t-OP * nWl unch * n **’J; closed He
blghe?—OP* ne<1 dosed KGHc
• do. preferrod.. .. > .’!i." .. I.
tonlsTtno snd Nsshvlllo... . «(. t
VJ
..orfolk snd Western
Northern Paellle.. ..
Ontario snd Western
~~ ylvsnls
elnhla
Rock Island..
Southern Pndfle
Southern Railway.. ,.
do. preferred.. ..
St. l’nul..
Union l'nclflc.. ..
United State. Steel.,
do. proterred.. .. .
Wabash
do, preferred., .i
Great western
Ml
l«7i
, 8EABOARD AIR LINE.
Following ware the cloilag quotatl
Seaboard Air Lina stocks and bond!
/ Bid. ,
Seaboard Air Line, common.... 24H
do, drat preferred r
do, second preferred.. ..... I
do, 4a I
do, throa-year 6, 1
do, ten-yoar 6*.. .. .. ..,’,..11
NEW YORK COFFEE MARKEl
Following la tbo oMolnr range A
dope of tht Naw York ooS# market)
today; '
Opening
January.. , . M . . , . . X«'*' &K ,
February 8.40A.4S 6.45«!
March .168 «.(8Ai
April •.604.70 K.m.\
■ ATO 4.734.)
.. .. .. .. .. ..S.7S-&8S ATO4.il
.... ..2 m .. ..... ..ASSAM AIM.))
$?Jg«.riMS
rember.V. I!a»4J0
emebr.. .. .. .. .. ..A30A3S
Safe Deposit Boxes
For rent in our oaulls in ibe basement of thi
Empire (Building for only $5.00 each per
annum. ( V
Absolute Security and all Modem Conveniences \
You should not be without one. We incite
you to call and inspect them.
Title Guarantee and Trust
3i % Compound Interest
DEPARTMEN°T r of m0nay Wl " d ” W lf de P 0,lted ,n th » 8AVINC
CENTRAL BANK AND TRUST CORPORATIOI
CAPITAL $500,000.00. CANDLER BLDG.
STRONG-, SAFE, CONSERVATIVE
Yo . u ,nv ' ,ed t0 eal1 * nd !n*pect our quarter* and Inveatlgata
bank*** * ** *° ,erve you ‘ * hearty welcome awalte you at this
A8A G. CANDLER, President.
W. H. PATTERSON, Vlee-Pree. A. P. COLfes, Cashier.
JOHN S. OWENS, Vice-Free. WM Dl OWEN8, Ae!lt Ciehler.
r
ATLANTA NATIONAL BANK
ATLANTA. GA.
u T . A ’ B ’ THORNTON, Vice-President
H. T. INMAN, V'ce-Prealdont. QEO. R. DONOVAN, Cashier.
JAMES S. FLOYD, Aee’t Cashier.
Capital 3500.000.0C
Surplus and Undivided Profits....... 3500,000.0i
We Solicit Your Patronage.