Newspaper Page Text
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TUESDAY, OCTOBER 3fl. 1906.
THE ATLANTA GEORGIAN.
ENGLISH ADVANCE,
Attributed to General Buy;
ing by Egyptian Infer-.,*'
ests in Livqjjpboli. ^
NEW YORK RESPONDED
Receipts Heavy, But Offset
by Cold Weather and Spot
Houses Buying.
New York,- Oct 30.—Prices at the
opening of the cotton market scored a
good gain on Arm Liverpool cables.
The weather map showed frosjt in the
belt. After the call- price* eoritinued
firm, despite considerable pressure from
bears.
Prices after. .t|ie, opening were* firmer and
around 1 o'clock were 15^17 points above
laat night’s close, led by the market at
New Orleans, where a good speculative de
mand seemed to absorb all the offerings.
The cold weather In the South, buying by
spot houses and covering by the room, all
helped to offset the large arrivals at the
ports.
Liverpool this morning was very encour
aging to the friends of cotton on this side,
showing advances of from 10#11 points
when It was due to come unchanged. Part
of the advance was lost ns the session
progressed, the close being some hit6 points
•bore yesterdayX’ finals. «
Following - is * the range In the active
months In Liverpool today.
Open. High. Low.
Oetober-Norember.* . .'.Ml * kg
January-February 5.59 6.64H 5.^9
March-April 5.6*.. JJJH 5.61
May-Jane 6.7* &-75H 5.69
Spots were quoted-Ann at 5.93*1 for nild-
dling, a gain of 8 points. Sales 7,000
Liverpool’s showing, the New York
market *aa slightly more active than re
cently at the opening, with Initial prices
10013 points higher than yesterdays close
•ad firm in tone, and un to midday the mar
ket continued to slowly advance. In face
of the enormous quantity of cotton now
coming to market anil reports of more fa
vorable weather ia thftUglt.
Early estimated receipts at the ports were
1UL000 tales, ■ sglMt'AStt actual last year
Galveston received 57,000 bales today,
against'27,735 last year and 33.121 In 1904.
The NeW York Herald In Its review of the
situation says:
•‘Aside from tb« various trade items that
go to. ttrm a foundation for speculative
ventures, whether built,h or bearish. It
NEWS AND UOSSIP
Of the Keecy Staple
L? o?t.'^Ti.ii'& T i'.tfu’ii^p!
to 11 higher. Was‘due 'tftoaf Jn-
lin thin litrali u'« : «lthMil nnon'KA
PAVate Wire
'New York,
nfdwaa 10 to
ctmnged. Oa this bails we T *hl
to 22 higher.
open' 20
> M UI|JUCt. fc...
Thluk the market Is IS# enough for the
present nud would favor purchases on any
reaction. >* T 'W
Swanson A Co., New Orleans, Issued; a
crop estimate of 12,750,000 bales. ♦*
Journal of Commerce says: *
and quiet ehtfracb *' * *
CteHnjdttbe opening fortrthe
attention ^vas.jpaId to.Tthe
rlc£ r of cfittpn./aml It had
week. Pasatag
drop In vthjr prl<
some elTotit'oti tt j
lug to extend contracts, beyond February.
It was without effect ou the prices for spot
goods. ” | a
feet of the cotton? . _
early and offerings are uow*uiore limited.
New Orleans, Oct.* 30.—Liverpool cables:
UuderstiiHttXelll -odtlnvites crop at 13,000,-
X). The Egyptian crowd, vezf long. The
rlucipal buyers were American and Egypt*
in houses. Think market Is in a healthy
audition." 4 . > ,
There Is no particular unfavorable feature
connected with weather. Home uervons
shorts may corer oa opeuiug, but prefer the
short side.
^Edited by
Joseph B. Lively
MARKETS
Mr. Lively's twenty-tiro
years* experience of ed
iting markets In Atlanta
and the South has made
him a recognised au
thority in bis specialty
TIT'S FLASHED
From Wall Street
RANGE OF NE;W YORK STOCKS. AND COTTON. MARKETS
~ zsx -tt '< °fter the close of The market today, •
,, i • Marshall, Spader & Co.: "Apart' from
a disposition to regard election result! with
Private Wire to Glbert & Clay.
New York. Oct. 30.~Dnnlcl Odell * Co..
•The market is still In a trading rut, and
will, probably remain within narrow lim
its until after,the elc * *
Improvement possible,
selling on the bulges
weak apota."
Action on Steel dividend will not be taken
plain to be seen that feraU-linportant ad
junct to a bull raovemenPln cotton toward
the middle of tho week waa conspicuously
absent, or, In other words, public Interest
In the staple was at w. very low ebb. It
waa up to'the bulls (therefore to make the
market, which they did with varying sue-
cess until the appearance of the ceusus re
port on Thursday. This proved to be the
unklndcst cut of all.
"As a quentftlve statement the report
could scarcely be regarded ns distinctly
bullish or bearish, but inasmuch as traders
as a unit had apparently derided upon a
somewhat lower figure ginning returns were
made the bails for a, pretty general selling
movement. Moreover 1 . tmP'Mtfiifis flMllhgs
removed the last bull prop, nud by the
same token eliminated Hu* one deterrent
to aggressive jjvpefMlonc off* the part of
bear Interests. |OUU It . goeaprlthout snylng
that this lathi- 'WemdfctNpMbe trade has
made full use of the advantage gained.
•The market has been hamyiered in the
moat effective manner, bplla have turned
tall mid added the!* long holdings to nu
. . . at • ot contracts.
ud the loon! trading
pny any attention
.« . ...,/e freely committed
themselves to the short end of the account,
and spot dealers have furnished Increased
pressure In the shape of hedge selling. This
latter class,of offerings Is strongly Indica
tive of a tendency toward concession on
the psrt of aj>ot holders, nud while It can
not be truthfully snld that cosh cottou in
the Boutli Is pressing on the market, there
Is nevertheless plenty of evidence that the
supply for the time being Is. considerably
heavier than the demand.
"Mr. Ellison, of Liverpool, estimates tho
present season's. requirements of American
cotton at 12,154,000 holes. Mr. Iluston. of
the same place, estimates tho American
cotton cron at 13,000,000 hales, minimum,
and possibly a great deal more provided
the ensuing several weeks are favorable to
picking and maturing of late planted cotton.
If these two estimates are accepted na final
and the carry-over from laat season Is add
ed to the apparent surplus of production,
there. seems -to be - small cause for -worry
on the score of * bales • needed and bales
available. But there Is no doubt a strong
tendency to regard consumption as under
estimated and likewise a strong tendency to
regard production ns overestimated as per
the foregoing postulates, but In the absence
of guesses from equally well posted theo
rists the logical thing la to accept, these
gratuitous figures."
Comparative receipts at nil United States
Increase ,' 29,156
Total receipts for three days 270.840
Same t daya last year.... ....... * , ■ 186,683
Increase «... 84,157
Total receipts sluce September 1....2,440,410
Same time last year.; ,,..2,418,590
Increase -n . 21.820
Movement at Atlanta:''
Receipts today.. .. 2,435
Same day last year 1,756
Increase..., a ,.*.. ,v U.. .. 679
Shipments today 1,050
Same-day last year.., ,1.0^5
Decrease ... 40
Stock ou fi'and tddiy... 11,711
Same day last year 12.793
Decrease .. 1,082
Estimated for tuAiotvewt '
1906. 1905.
New Orleans 17,500 to 20,000 6.171
Galveston 28,000 to 32,000 19.519
Houston 30,000 to 23,000 23,346
In the last half hour of tho session of
the New York cotton exchange a sharp
break occurred, nod from an advance ol
some 16&17 points prices were quickly
forced below- the Closing quotation of yes
terday, the heavy receipts belne the chief
Influeuce. The close wns st*%ly -net 2
points higher to 2 points lower.
Today’s receipts are the largest on rcc-
ord—namely, 115.454 bales.) **The record pre
viously was 113,679 on *Nor ember 13, 1903.
ectlon with the weather should offset the
.-aprovement abroad.
The western forecast Indicates partly
cloudy weathfie? with probable showers to
night for both Louisiana and southeastern
Texas, with froat In the former and colder
in the latter. For the balance fair and
colder with frost. Wednesday generally
fair .with slbwiy rising temperature.
The eastern forecast Indicates fair
weather tonight nud Wednesday, with
lower temperatures; colder weather tomor
row throughout.
Notwithstanding the steadiness of futures,
we understand that holders of spots are
free sellers at quotations.
SPOT~COTTON MARKET.
Liverpool, spot cotton steady; middling
uplands 6.93d: sales 7,000; American 6.200;
speculation and export 500; receipts 83,000;
American 72.800. • * ‘
Atlanta, steady at '10*4c.
New York, quiet at i0.50r.
New OrlHlns, steady at lOHo.
Augusta, steady at Ift7-J8c.
Savannah, quiet af lOHci
Ht. Louis, quiet at 10%c.
Boston, quiet- irf lO.ttc.: *
Houston, steady at lO'ic.
Galveston, nuiet at JOHc.
Memphis, quiet at lOfttf.
Wilmington, steady at lOHo.
Mobile, firm nt 10e.
Charleston, firm “ *
Norfolk, steady
T0DAV8 PORT RECEIPT8.
Amalgamates* Copper.' » .
Atlamf.* USTst^iftei . . /. .
America-) Sugar Ref. . . . * .
American Hugar
Anaconda.
American Locomotive.
*do. preferred.
Atchison*.
do. preferred. .
American Cotton Oll. # .
Am. Can Foundry.
Baltimore A-Ohio: . .
Brooklyn Rapid T. •
Canadian Pacific/"*.
Chicago A NorthWn. .
Chesapeake A Obio, .
Colorado Fuel A Iron.
Central Leather . . .
do., preferred . . .
Chicago A Great W. .
Chicago, M. A 8t. P. .
Delaware A Hudson. .
Distiller's Securities. .
Erie. . .
do. preferred. . . .
General Electric. . . .
NAME OF STOCK.
vOntTA Western.
tonal Lend
Northern Pacific. . . . ,
New York Central. . . ,
Norfolk A Western. . ,
Pennsylvania
People's Gas. ......
Pressed Steel Car. . . ,
do. preferred. . • . ,
Pacific Mail. .......
Reading. .........
Republic Steel
Rock Island
do. preferred
United states Rubber. .
do. preferred
Southern Pacific
Southern Railway. • . .
do, preferred. . . . .
Sloaa*8beffleld
Tenn. Coal A Iron. . . ,
Western Union.
Wabash
do. preferred. .
Wisconsin Central,
do, preferred. .
ater indifference, the
NEW YORK.
The following table shows receipts at the
ports today, compared with the same day
last year: ~ *.
New Orleans. . . .
Galveston
Mobile
Savannah
Charleston. . , .
Wilmington. . . . .
Norfolk. ......
Baltimore.
Boston
Philadelphia
Pensacola. ......
Miscellaneous. . . . ,
Port Arthur. . . .
1906
18299
57598
3208
20828
1296
13098
1559
3473
9442
INTERIOR MOVEMENT.
The following tnblo shows receipts nt the
Interior towns today, compared with the
same day last year:
Houston. .
Augusta. »
Memphis. .
Ht. I sails. .
Cincinnati;
Total | 56941
19?6.
4811
1013
71
COTTON 8EED OIL.
November.
December.
January. .
Onenlng. Closln
35 *r#3T»‘/4 35'
March 34H03T ~
May. * 35 #31
Hales, 400 Novcinehr nt 38H, 200 Jnnunry
nt 36, 100 March at 34%, and 100 May at 36.
Closed steady.
GIBE.RT A CLAY’S
Daily cotton letter
New Orleans, Oct. 30.—Early cables at
tributed the general buying In Liverpool to
Egyptian Interests, which*hitherto has Iwen
largely short, and the removal of this fea
ture of strength. If *nhything, detracts from
the probability of further advances. Op
tions closed 0 points higher, while spot
sales aggregated 7,000 bales at nu advance
of 8 points In quotations.
The unexpected ndvnnce of options abroad
caused considerable nervousness among the
aborts, which, concern was somewhat aug
mented by the fear of further unfavorable
weather, and caused an advance in opening
prices. Improvements such aa have
ourred today are no more than logical v
an accumulated short Interest haa been
built up. but the narrowness of present af
fairs Is dearly manifest In the absence of
outside speculation.- •
lu spite of the steadiness of futures, tho
holders of spot cotton appear to be wllllnj
to sell nt board prices, and the lack o
general demand for cotton In Liverpool la
said to have caused requests to exporters to
deter their, shipments.
The situation nt tho moment la unchanged
in so far ns affecting the large crop esti
mates are concerned, and even though there
may In* occasions when Improvements are
Justified, they are viewed by the majority
as merely temporary and aa affording «
more profitable basis for sales. •
New York. Oct. 3).—Very little Interest
was taken In the market today, and the ad
vnnee In Pennsymtnm *of yesterday wns
partially lost Uuriug the early afternoon
trading.
Homo casual support was glveu to Union
Pacific, but the situation was devoid of
feature to a greater extent thnn nt any
time In the recent past. Anticipations con
cerning the Pennsylvania dividend to Iks de
cided Thursday and tho meetlug of the
Steel directors this afternoon were about
all the topics under discussion. There was
some talk of moiiey stringency In Ixsndon
nud expectations of further shlpim-uts, of
gold to Egypt, but the London market''
Americans wss better and their opera
were reported buyers about lO.OOo shares
on balance In New York, The situation
presents features of/a preelection market,
with opinions more equally divided ai
the possible mult,
L. J. ANDERSON A CO/8
DAILY COTTON LETTER.
New York, Oct. SO.—Liverpool led off this
morning with an advance of 94*11 points;
spots s up. with sales of 7,000. Final ui
tatlons, however, weakened, and the elc
was at on advance of only 5 from yes
terday's close. In *New York, the market
opened up 9012, points, -aud held steady
!• E. ALABAMA ST.
New York,fitnek Ex-
GIBERT & CLAY
STOCKS, nosoav
COTTON, GRAIN.
COFFCC. PROVISIONS.
MEMBERS*. v -
ATLANTA. CA
lit!?)
/New York Coffea 'Exchange. J
\ PRlVA.r, .. ,»»« • V ^VIIACIW.
Local and Long Di.Unc. T.I.phon. 52*8. C. E. KEPLINGER, Manager.
ALONZO RICHARDSON & CO.,
PUBLIC ACCOUNTANTS
■\ AND AUDITORS
Empire, Building. - n ? Bell IJhone, - Main 8D&
^ ATLANTA. ^GE&aGLAi
Oct. . .
Nov. . .
Dec. . .
Jan. . .
Feb. . .
March. ,
April. .
May.. .
June. .
July..
3
10.Tf1lO.17 10.12
10.1* 10.3 10.06
Cloaetl steady.
31 - —
10.12110.06-66J 10.04-06
i 111
10.15 10J6-J810.16-17
10.26 10.25-26 10.26-28
10.33 10.33-34 10.34-35
10.50 10.37-39 10.37-39
M.44 10.43-44 10.44-45
10.46-48 10.44-49
10.53 10.52-58 10.53-56
LIVERPOOL.
rang* i
Opening' ...
^ . Rouge. Close. C
October ..5.69 5.65
Oct.-Nov. , . .. .5.82 -5.66 5.81
Nor.-Dec 5.61 -5.61U 5.56^4
Dec.-Jan. . . .. ..5.61 -6.6lg 6.56V?
Jan.-Feb. . .. . ..6.69 -5,«4 6.59
Feb.-March. . .. ...5.60%^.67 6.63
March-AprII. . .. ..5.63 -5.70 6.64**
Anril-May BJ0. -6.72*4 6.67
May-June j .5i73- -5.74*} 6.69^
Juue-July 6.75 -5.77 5.71
* >Augaat 5.75 -6,76** 5.72
r oue, steady.
5.51
6.51
f.53**
5.66
NEW ORLEANS.
Oct, . .
Nov, , .
Dec. . .
Jan. . .
Feb. . .
March. .
April. .
May.. .
June. .
July.. .
Closed
. . 10.81
steady.
ill ImI 11 II
10.28 10.09 10,10 10.10-11 10.15-16
10.38 10.17 10.18 10.17-18 10.24-26
10.36 10.36 10.36 10.22-24 10.30-32
10.57 10.38 10.36 10.86-37 10.43-44
10.41-42 10.48-60
10.70 10.52 10.52 10.50-51 10.56-57
10.65-6610.61-63
10.83110.69 10.70 10.70-71 10.67-69
_ greai
Ho this time under m
?t3 great Importance, unless It be the mone-
merlca.
New York, Oct. 30.—Dow-Jonea* sum
mary:
American stocks in London firm ** above
parity. General market In Londou quiet
and Inactive.
Exports of cotton and other commodities
meet , all finance bills maturing this year
without advancing exchange above parity.
United (States Steel statement and actloi
on dividend, today after market closes.
Election betting now 3 to 1 on Hughes,
with more money offering on l>oth sides.
Gross enrnlngs of Grand Trunk of Cam
ada for first half of 1906 increased over 20
per cent, and net Increase 38.1 ner cent.
Light demand for stocks In loan crowd.
Thirty roods for third week In October
show an average gross Increase of 12.03 per
cent.
Fair demand for money, but no unusual
stringency anticipated over end of month.
et. Louis Southwestern September net in-
220 615 179,935 ' and * or three mouthB increase
Mexican Central International fotnl net
after expenses and taxes increase *441,422,
Mexican currency.
American Malting snrpl
•iinwnnce for flepredation *256,652, against
*412,291 In 1906.
Twelve Industrials advanced .38 per cent.
Twenty active railroads advanced .36 per
cent. /
New Y’ork Financial Bureau: Further
buyiug of United States Steel on the pros-
C ieetlve dividend payment of today's meet-
ng will probably be continued.
Pennsylvania has raised a great short lu-
terest.
The trend of Union Pacific 1s strongly
upward, and we believe It should be bought
whenever soft.
Reading Is being accumulated by largo
Interests, and It should work higher.
We continue to f»eliero in the future of
Louisville and Nashville, Canadian raclflc
and Baltimore nnd Ohio.
Smelting Is in shape to be raised tre-
quently, and may be bought on recessions.
Copper Is reported well supported around
par, nnd we believe Its merit will later
carry the price up. Atchison Is being urged
NOTES ON GRAIN
Pointer* on Provision*.
wheat seems to .warrant higher prices.
Present prices 'of. corn ore too low to .....
rant expectation of.any general selling by
firm tone.
The trade Is of the opinion that east
ern long w’heat Is coming out, and every-
iKMly now trying to sell.
Corn opened easier and being affected by
whent weakness, trade ; wn« relatively
light.
oats holding steady at the decline.
Northern grain people .been good buyers
of Slay. ••••»->
EVERYTHING AGAINST
THE COTTON MARKET
New York, Oct. 80.—The San says: "Lit
tle or nothing counted for the market.
Everything counted against It. Killing
frosts occurred In Georgia. Alabama and
Mississippi, nnd frosts of Its* severity In
Louisiana, Oklahoma and Arkansas. But
It was contended that the frosts did more
good than barm.. Helling was the order
of the day. Coftlir U pouring Into the In
terior towns aptl the porta, In ei
quantities. Spot ptdcea gave *way. Liver-
— conspicuously weak.
WHEAT ACTION
SURPRISED TRADE
Opened Higher and Declined Near
a Cent Before Clump
Was Checked.
enormous
, ... . _ _ ly. Liver
pool was conspicuously weak. New Or-
[onus and the South sold heavily. Last of
all, a lending operator waa a heavy seller
nil day, aa«he teems to hare been for some
days past on both sides of -the water.
Warmer weather sras. pwUoted. and Texas
has thua far escaped -frost.of any wide
spread aeverity. a fact on which bears di
late with no little emphasis. Meantime,
however, much of the weak long Interest
has been eliminated on the decline within
a fortnight of *6 a bole, and there it a
disposition among some to go a Itftie slowly
on tho short side, fearing a sudden up
turn on the technical position, If nothing
else." ' ' ' *
WEATHER FORECAST.
Fall Tuesday and
Tuesday.
I^iulrfnnn—Knlr TumwIiit nnd colder In
northwent |toiilon:v AVedneday fair and
colder In aoiithenat portion.
Mlaal»alp|>l--Fnlr Tueaday and colder In
went portion; Wednesday fair.
Knit Tuna—Fair and colder Tueaday;
Weduendny fair. , . ....
Wait Teiaa—Pair Tnendny .and colder lu
northenat portion; Wedneeday fair.
Tcnnesaoo—Pair Tneaday; end colder In
oxti'eii.o weet portion; Wedncaday fair and
colder
Arkanaaa—Pair and colder Tuetday; Wed-
n< Iulnoli,*Indiana, txiwer Mlchlgan-Partly
cloudy nnd colder tonight; tomorrow fntr
and warmer, ... . .
Mlaaottrl—ltaln tonight and tomorrow;
cooler tonight; warmer tomorrow,
Wlaronilu nnd Iowa—Pair tonight and to
morrow warmer.
STOCKS REVIEWED
BY NEW YORK SUN
New York. Oct. SO.-The New York Sun
aura; "The general eharnoterlatlc of the
day'a market waa nu Indlepoeltlon to trade
on tho part of the large operatora. and
with poaaibly one or .two ejceptlona,
chnngen In prtcca during the day were
utterly without meaning. In the main, the
tendency aeeuied upward, and quotattoua
for the principal etocke were nt an ad-
vnnee. Tne I'eimaytranla dlrectom meet on
Thuraday for the purpoee. among other
tillage, of tUlug tho eeml-ennunl dividend
rate upon the atoek, nnd the rite In the
•knrea yeeterday, therefore, waa cotutrued
aa meaning thnt n higher rate than the H
per cent now pnld wua contcmplatml. Ill
conaervallve quartern, the opinion eeeme to
tic moet commonly expected that the ex
ceptional tmrdene In 'the way of expend!-
turea under which the Ponneylvenlo. la now
tailoring, and which It rnuat ahouldcr for
a conelderable time any larger dtatrllmtIon
of Ita eatnl
of Ita eatnlnca la nnv
renet favorably npon I
road."—tilbert J, Clay.
LIVE STOCK MARKET.
lengo. Oct. SO.—Iloga—Katlmaled re.
la today 2t).(B0:< lefr over 4.391; eatl-
innteit for tomorrow K.PT0.. Market
10e lower; quallft- fair; hulk light
hoga W4HI.35; mlxe.1 *B«f6.»: heavy MtW.tIVs;
rough *3.T5<|«4«: plgn »S..oSfB.a); yorkera
t; l-'VUr,.y-J; good to choice heavy K.;.-v
Cattle—Batlmated reeelpta S.aoo. Slarket
atendjr;.quality fair- Uo-v»a »3.9pV71S; .owa
il.ttKSt.-K); heifer* Jitoes*; calvek JMi'TS;
goo.1 prime rtuura-iS.S-UjT. 1.; att-cra
..IS; |aH)r to medium tUPCkS. -.
■ Sheep—Reeelpta . 3.CPI. - Market atreng;
*TiJ?y|lll^^SO§S^mh’ r .TW^
western *4.5007.60.
Llurlng (heIftfst i half^of the session, on
*—' damagV>r»‘porlBa still predictions for
k cold «rattfhfT &»ui<»rrow. The tra«le
UI consfderably nt sea concerning the
■the contlmnat heavy reeelpta The markcti
. uet they.will
_ . aparlngly than fer
itaya. -We ,-ontlnne. however,
: the iyli-hl will .umifitely
bUbc-% view,. of.7npt-
nJ-.-’IOc mp ndivav
ironn
ebaava tot a long.pulL
pur-
Chicago, Oct. 30.—In aplte of a more
bullish array of - statistics , tutd more
news than the trade had been treated
to for days, the course of, prices > In
wheat was downward early, and later
only a partial recovery was made.
Wheat closed unchanged to l-8c low
er; corn was steady to- l-2c off, and
oats steady to l-8c lower. Provisions
were unchanged to 2 l-2c lower for
pork; 2 1-2 to 12 l-2c for lard, and
unchanged to 2 l-2c off for ribs.
Heavy sellipg -nt the start caused a
lc decline In the first IB minutes. Later
there was a slow gain until prices near
ly reached the high figure, of the pro
vlous session:' The bttniah world’s
available supply estimate, light re
ceipts In the Northwest, report, ot bad
condition, 'prevailing In the spring
wheat states and claims of damage to
wheat In the-ataota were market-helps
In the late tracing.
Local sales were '70,000 bushels of
wheat, 70,000 corn, and 200,000 bushels
oats. The seaboard reported 30 load,
wheat, 11 load, corn, and 180,000 bush,
els oats.
Clearances were 440,000 bushels of
wheat and flour, 100,000- bushels corn,
and 21,000 bushels,,oats..
Primary receipts of wheat, 1,106,000,
against 1,460,000 bushels last year,
CHICAGO GRAIN MARKET.
Chicago 'gniln and provlalotk Quotation*
Prerlhnx
for today follow;
Open. High.
WHEAT-
Dee
Mny
July....
CORN-
Dec
Mny
July
Low. Close, dote
i Si I 1 1
S
43%
44*4
OATR—
J %Rk- a * "* m 33,4
Jan.... 13.65
Oct.... 9.50
Nov.... 9.26
Jan.... 8.85
HIDES—
Oct
Jnn.... 7.40
May... 7.55
9.45
!:£*
9.42*4 9.42*4 9.62«
.62*6
M
8.00
7.40
7.66
8.00
7.65
7.45
THE LIVERPOOL GRAIN MARKET.
Wheat—Opened *4c hlfher; at 1:30 p. in.
H&*4c hlfher; closed unchanged to He
lower.
Torn—Opened unchanged: at 1:10 p, m.,
*4<>Hc higher; closed He higher.
NEW YORK COFFEE MARKET.
New York, Oet. 30.—The coffee market
opened at a decline of &4?10 points In re
sponse to lower cables nnd scattering liqui
dation. Neither of the Brasilian markets
reported any change, but the rate of Bra
silian exchange was l-32d lower and the re
ceipts were heavy with the two porta get
ting 103,000 bags, against 74,000 bags last
year. Judlnhy receipts were 53,000 bags,
against 84,000 last year.—Glbert A Clay.
Following la the opening range and doss
of the New York coffee market for to
day:
Opening
Range. Close.
January. 6.1*4.25 6.254.30
February 6.254.35 6.304.15
March 6.40 . 6.404.45
April 6.404.60 6.464.50
May .6.564.60 6.554.60
June 6.664.63 6.654.70
July .* .. .. . . .6.704.75 6.75-6.80
August 6,754.80 6.804.85,
8eptcm!»er 6.804.90 6.9)4.95
October 6.104,16
November 6.054.10 6.104.15 1
DccemtH'i* • ...6.15 6.154.20
ATLANTA MARKETS.
FRUITS AND PRODUCE.
Officially corre
Produce Exchani
Pineapples, *3.l_„..
_ Bananas, straights, per bnneb, 6L5O0L75,
Culls, i»er bunch, *1.0061.25.
POULTRY AND COUNTRY PRODUCE-
Lire hens, 37©40c; fries, 22H03Oc; broilers,
15020c.
Dressed friers, 16c ponnd.
Dressed hens. per. pound, 13A14c.
Lire ducks, Pekin, 36c; puddle, 25@27Hc.
Eggs, per doxen, 25c.
Butter, table, per pound, 20©22Hc; cook-
ing^. per pound, 12V^15c.
racks. 10®12c. *
VEGETABLES—Iris!
stock, per bushel, '
pound; In one-ponnd
potatoes, Na 1
Limn l
bushel.
Onions, per bushel, *1.10.
New sweet potatoes, 30©40c per bushel.
Kraut,, half-barrel, *3.75.
Rutabagi * **
Lemons,
FLOUR, GRAInTpROVISIONS.
FLOUR—Postel’a patent. *6.00; Diamond
patent, *5.25; Maacoulan Star, *4.70: fancy
patent, *4.60; Red Eagle. *4.25: Blue Ribbon,
g90^ fancy, *3.90; spring wheat patent, *5.00
CORN—Choice red cob. 70c; No. 2 white,
68c; No. 2 yellow, 69c; mixed, 66c.
OATS—Choice white clipped, 50c; No. 2
‘ “ “*“~d, 48c; Texna ruat-
HAY—'Timothy, choice large bales, *1.25;
do., choice small bales, *1.20; do., No. 1
clover mixed, *1.10; do.. No. 3 clover -mixed,
*1.15. Choice Bermuda. 85c.
. RYE—Georgia, *1.05; Tennessee, 90c. Bar
ley. 96c.
The above prices are f. o. b. Atlanta.
GROCERIE8.
SUGAR—Standard granulated, 15.10. New
York refined, 4Hc; plantation, 5c.
COFFEE-Roastod Arbuckle’a. *16.50; bulk
In bags or barrels, 13e;_green, 10©12c.
RICE—Carolina, 4HC*7Hc, according to the
grade.
CIJEE8E—Fancy full cream dairy, 16Hc;
twins. 15*6c.
. PROVISIONS—Supreme hams, 15c. Dove
hams, 15Hc. California hams, *9.00. Red
the moment.
Ht. Paul Is held well around 170, nnd
should be taken with a small stop when
weak; for a turn, at least.
THE WEATHER.
LOCAL FORECAST.
WEATHER CONDITIONS.
More or less cloudiness prevails this
morning throughout the cotton belt, with
higher temperatures In nil districts ex
cept northern Texas. There It Is colder,
due to the southeastward movement of the
high pressure area which was over the
northern Rocky Mountains yesterday. It Is
central this morning over the plnlns nnd
^as reduced temperatures 10 degrees to 20
egrees from northern Texas to Nebraska.
The storm center, which was over Minne
sota yesterday, seems to have filled up and
now exists only ns a mild depression over
western Pennsylvania. It has caused light
rain over the lake region and Ohio valley.
The rainfall In the cotton belt.was Inappre
ciable.
Conditions favor partly cloudy nnd colder
weather In this section tonight and tomor
row.
W. A. MITCHELL,
Temporarily In Charge.
COTTON REGION BULLET1N.
For the 24 hours ending at 8 a. m., 75tb
meridian time, October 30, 1906.
TRADIHG [Et
If MUM
Price Movements in Usual
Speculative Leaders
Very Narrow.
LONDONLIGHT TRADER
Transactions Limited to
Less Than 10,000 Shares.
General Trade Dull.
nlatei, *3.26: Hupreme larif. 10.25:
10c; Snow Drift compound, *8.25.
PRIMARY MOVEMENT.
movement of wheat and corn:
Wheat—Receipts today l.lSl.Ooo nushelf,
against 1.451.000 bushels last year; shipments
today 723,000 bushel* against 373,000 bushels
last year.
Corn—Receipts today 515.000 bushels,
against 596,000 bushels fast year; shipments
today 487,000 bushels, against 181,OOd bush
- Uft
STATIONS OF
ATLANTA
DISTRICT.
'Atlanta, cloudy. . . .
Chattanooga, cloudy. ,
Gainesville, cloudy. . ,
Greenville, cloudy. . ,
Griffin clear
'Macon, p. cloudy. . .
llontlcello, clear. , .
Vewnan, cloudy. , . .
Home, cloudy
Spartanburg, cloudy. . , .
Tallapoosa, cloudy. , , , .
Toccon, p
West Poll
Max. Min.
5T
|||
Minimum temperatures are for tw6lve-honr
period ending at 8 a. m. this date.
Light frost at Mncon, Oa., Thomasvllle,
On., Marianna. Fla., Lumberton, Weldon,
N. C. Heavy frost at Araericus, Ga. Kill
ing frost at Selma, Ala.,»and Oklahoma,
CENTRAL
STATION.
ZS9<
year.
CHICAGO CAR LOT8.
Below Is given receipts today and cstl
mated receipts for tomorrow:
Today, Tomor.
Wheat 76 52
Corn 289 132
Oats. 317 177
Uogi 20000 30000
SOUTHERN EXCHANGE
Oldut Extablluhed Offlco South.
COTTON STOCK BAUDS GRAIN
Ground Floor Gould Building. Dally
market letter and market manual
mailed on application.
L J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, GRAIN
Correspondent’s Capital $250,000
RCfXRCNCC. THe NEAL BANK
PHONE 1417. PRUDENTIAL. BLDG
ATLANTA NATIONAL BANK
ATLANTA GA.
C. E. CURRIER, Preeldent. A. E. THORNTON, Vice-President.
H. T. INMAN. Vlce-Prexldent. GEO. R. DONOVAN, Cashier.
8..FLOYD, Aaa-t Cashier.
Capital *500,000.00
Surplus and Undivided Profits *500,000.00
> _ We Solicit Your Patronage.
J
Atlanta. 13
Augusta
Charleston. . • ,
Galveston. , , .
Little Itock. . . ,
Memphis
Mobile
Montgomery. . .
New Orleans. . ,
Oklahoma. . . •
Savannah
Vicksburg. . . •
Wilmington. .. ..
T indicates inappreciable rainfall.
REMARKS.
Temperatures were slightly lower In tho
extreme eastern portion of the belt nnd
higher, elsewhere, the rises being- most de
cided In the central districts. The rainfall
was inappreciable. w 1BI1
W. A. MITCHELL,
Temporarily in Charge.
Dlst. Averages.
m
m
New York, Oct. 30.—Today’s deal.
Ings were noteworthy for one thing
only, and that was a further shrink
age In thetr volume. So far an any
tendency was dtscernable at all It was
In the direction of lower prices, but net
changes at the end of the forenoon
were too trifling to be of any moment.
AH that the day’s trading signified waa
an Increasing reluctance among all
,°L, atock exchange operators to
J t .J 1 “. the,r commitments In the fate
of the Impending election, with the an.
companylng uncertainty of money con
ditions. The market, what there was
2: w , a ?. ewayed by the action of
Steel and Pennsylvania—the two stocks
which. In view of the action .on their
dividends, were naturally the center of
specutatlve Interests. In the case of
Steel, the selling was both heavy and
insistent, and was conducted in such a
way as to indicate that small hones
were entertained that the directors
thlB afternoon would authorize any ad
vance In the dividend rate The sell
ing of Pennsylvania, which was equal
ly persistent, threw like doubt upon
the probability of any change being
made In dividends at Thursday's meet
ing. The Incidents altogether served
to sap what little strength remained in
the market.
New York. Oct. 30,-Tho stock market 1
opened Irregular, with Pennsylvania nir a,
•» all- Brooklyn Ilnpld Transit lost
Mmeltlng opened % higher nnd reacted
Chesapeake nnd Ohio, Reading nnd Steel
trained % and Eric %. Union Psclllc rofc
% nnd lost dt again. At the end of ten
minutes trading In most stocks showed de-
cllnes of %@% from tbs highest.
Trading In tha .market all through
the first hour was Idle and listless, and
price movements, even in stocks which
are regarded as speculative leaders,
were confined to within a range of
half a point. The market was the nar
rowest in a very long time. London
transactions were limited to less than
10,000 shares. . ..
Government bonds unchanged: other
bonds active and steady,
MINING STOCKS.
Boston, Oct. 30.—Centennial 34%; Shun-
PA?, 18 i,M* ! ’»«ebusctts Gns 69; North Butte
112%; Old Dominion 62; Alloeuse 38.
LONDON STOCK MARKET. ,
STOCKS- •
Amalgamated Copper.. ,
Anaconda
Atchison
do, preferred,. .. .. .. ,j
Baltimore end Ohio.
Denver nnd Itlo Grande.....*.
Erie.. *
do, proferred ..
Canadian Padflc
Illinois Central
Kansas and Texas. . ..
.vonnern irncmc.. ,
Ontario nnd Weatcrn.. .. .. .
Pennsylvania
Philadelphia and Reading. .
Rock Inland
Southern PnclOc, .......
Southern Railway
do, preferred ....
St. Paul .. .......
Union Pacific
United States Steel
do, proferred
Wabash
do. preferred
im.
4^H
iwv
STOCK8 AND BOND8.
V. —— B|d 4^*5.
Georgia 4H'a, 1915..112 U3
Georgia Railroad 6's, 1910 106 106H>
Havnunnh 6’n. 1909 102H
Macon 6’s, 1910 106
Atlanta 6’a, 1911 106
Atlanta 4’a, 1922 107.
Atlanta 4’a, 1934 106
Atlanta A Weat Tolnt 166 170
Atlanta A Woat Point debts.. 107 110
Central Hj. ot Ga. 1st Income 96
do. 2d Income.,,...,... ..... M
do. 3d Income ..... 81
Georgia 260 965
Augusta A Savannah 115 1)7
Southwestern 116 ll8
Ueorlga Pacific lats 110 U2
8TEEL DECLARE8 DIVIDEND.
New York, Oct. 30.—United States Steel
declared the quarterly dlvdend of H
cent on common stock. Tfcl* compared with
Safe Deposit Boxes
For rent In our oaulls 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. We invite
you to call and inspect them.
Title Guarantee and Trust Co.
HUBBARD BROS & CO., Sts
Atlanta Office*, 219-221 Century Building.
Members New York Cotton Exchange, NewOr-
leant Cotton Exchange, Liverpool Cotton Asso-
elation, Chicago Board of Trade, New York Cof
fee Exchange, New York Produce Exchange.
Business solicited for tho above exchanges.
Direct wire service. Correspondence invited.
Phones 454, Long Distance 39. A. S. Hustnro Mar.