The Atlanta Georgian. (Atlanta, GA.) 1906-1907, November 02, 1906, Image 12

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i 12 TTTE ATT. A XT A GEORGIAN, ritinAv, novemher wd. BEARS IN CONTROL OF COTTON MARKET They Were Aggressive and Forced Priees Sharper Lower Earlv. NEWS AND GOSSIP 01 the Fleecy Staple. FAVORED BY NEWS and Cables Were Lower Movement Into Sight Decidedly Heavy. \ew York, Sor. L\—At the opening l>u*l- be»# cotton was active and the undertone •tertdr. Flr*t price# were 1 point tip to 6 points lower. Heavy bear preaaure aooti de veloped. however, which forced January to *.99, where some good buying order* were •neonntered. temporarily holding the option around that figure. Spot wa* quoted antra 7.000 hoiea. Following ta the range in fhe active month* in Liverpool today: Open, jI■ crli. Low. November $.53 5.53 5.49 J*tiu*ry-F*bruary R.4* 5.494 5.45 March-April 5.54 5.64 5.50 May-June.. . .5.54 .... ..5.60 6.00 ... Ith an opening de- New York reapouded dine of 9Q& points on t r . — Initial quotations were at practically the best figures of the day, bear hammering and closing out of long contract* bt tired longs earning decided weakness during the first hour, during which time hotb Decem ber sold below the 10c mark. The report of Miss Giles at 70. against 72.1 on October 1 and #8.4 on Octoftcr 15. added materially to the weakness, and prices slip ped oft easily some 19 point* in short Uer. The Into sight figures nt 629.MW boles, against 463.2% last year, 575.209 year before last atid 857,489 In 1903 * ' forcing prices lower. Crop movement for the week ai compiled by Secretary Hester: 1904. 1905. 1904. Overland for week.. 30,543 24.006 42.4*4 Klnce September 1. 103,243 96.937 189.150 TVeek's in sight.. . 629.232 4*3.265 275,209 Since Septemlwr 1.3,509,061 3.460,074 2.971,547 Superintendent King, of the New York Interior movement — Receipts 320,517, against 269.066 last year. Shipments. 265.311. against 237,782 last year. Stocky. 373,142, against 493.793 last year. Comparative receipts at all United State* Private Wire to filbert A < fay. New York, Nov. 2.—Liverpool opened 6 lower on near and 4 lower on dlstaut. Was due 3 lower on near and abou| 4 lower on dlstaut. On this beats we ’ should open about 6 lower on near and unchanged on distant. IJverpool cablet: ••Limited. feaxOrelcsa market.” .* - .v Further liquidation took place this morn ing. but the failure offatop# to be In force nt 10c la bringing In new buying. It is now said Mlsa Giles' report will cover the condition tor the month only, end that ahe will not estimate the crop. E. F. Hutton A Co. Miss Cities' employ- era, are buyers. Journal of C/mimeree: The month opeued In dry good* unlmuuded ii>nflden«o express ed on every side, the crisp weather putting much life into the Jobbing house trade, and woolen good* houses feeling mofe certain in relation to tho movement of goods now under order. Reports showed the greatest October trade erer known In the local Job bing houses and in many of the large com mission honaes Xorden offer* 10.000 Mny at 9 poluts over March. Mitchell and Carpenter, Itaggott k Co. selling. New Orleans. Sor. Z—Dr or poo) at 4 to 5 down is a full respouse. Was due 8 to 4 points lower. IJverpool canles: “Market dull and e •r. with Blundell the principal teller." Our Galveston correspondents estimate their November port receipt* will be 760,000 bales, and state that export bookings ao far aro eloae to 360,000 bales. Profit-taking by shorts Is causing stead! ness. Indication* all point to bearish sta tistics for the work ending today, and the market looks like It will work lower. Cloar. dry weather contlUues over the belt. A heavy frost la reported from Little Hock and a killing frost at Wilmington. Little Attention, however. Is paid to frosta now a a long as weather continues favorable for picking and marketing of cottou. The ‘ i called excellent. weather forecast Indicates increaaiug cloudiness and warmer touight and tomor row for Louisiana and Arkansas, and for the balance showers and warmer tonight and shower* and colder Saturday. The eastern forecast indicates fair weath- Edited by Joseph B. Lively MARKETS Mr. IJrely’* twenty-five years’ experience of ed iting markets In Atlanta and tho South has made him « recogalzoil au thority in his specialty. Tit'S FLASHED From Wall Street. RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAME OF STOCK. Increase Total receipt* for the \ Marne week last year.. 6.993 470,648 242.662 Total receipt! since September 1—2.645,438 Same time last year 2,529,975 Increase 115,463 Movement nt Atlanta: Receipt* at Atlanta b«77 Maine time last year l.Mfi Decrease Ill Shipments today Same day last year Maine tlm* last year.. .. , Increase Esttamted for tomorrow: New Orleaus 13,00a to !5,<W<» Galveston 19,000 to 24,00“ Houston 12,000 to 15.000 The close wa* steady outy slightly al*ova tlie low point, net 13 polt|a lower. 1904. 11,703 SPOT COTTON MARKET. Liverpool, spot cotton easier; middling uplands 5.86d; sales 7.U00; American 6,500; speculation and export 600; receipts 39,000; American 38,800. Atlanta, steady at 101-16*-. New Y’ork, quiet nt 10.40c: delivered on contract 3)0. ‘ New Orleans, steady nt 10%e. Galveston, steady nt 10%e. Savannah, easy nt ]0c. Wilmington, easy nt 10c. Wilmington, firm nt 10%t\ Mobile, easy nt ine. Baltimore, nominal ut !<)%«•. New Orleans Galveston Mobile Savannah charleston.. Wilmington Norfolk Baltimore.. .. .. .. New York Boston Philadelphia Brunswick 1906 15125 11894 13*4 14944 2052 3208 2199 ~mr INTERIOR RECEIPTS. The following table shows re<*olpt* at tl-« Interior town* today. compared with the same day la*t year WEATHER FORECAST. Louisiana and Fast Texas—Fair Friday and Saturday. Georgia—Warmer Friday: Saturday fair. West Florida. Alabama and Mississippi— Fa?r and warmer Friday: Saturday fair. Arkansas—Fair Friday; rain Saturday. Teunensec and Keutueky—Fair Friday nnd warmer in «-entral and east portions; Hatur- dnv increasing cloudiness. Illinois. Indiana. Missouri aud Michigan— Fair tonight and probably tomorrow; some what warmer. Wisconsin—Fair tonight and tomorrow; warmer tonight. Miuuesotn and North Dakota—Fair to night and tomorrow, .older tonight. South Dakota—Rain or #uow tonight or tomorrow; colder. COTTON PARAGRAPHED. From "Cotton Cnuaerle." in The New York Commercial Thursday morning: The "hard luck crowd" weut long yester day. Tho chart players #ald that the market wa* due for n reaction. The story was handed around that Price wa* a buyer. "Another week of record-breaking move ment, and the feara of the spinners of the world will,bo allayed.” said one prom inent broker. A desperate efTort is l>elng made to keep Jauuary from bitting 10c. There is nti underlying feeling of nervous ness in the market, ana It I* just the mar ket -that the outsider ahould Ik* afraid of,' Wall Street has gone long for a turn. It waa widely advertised yesterday that Miss Giles was to be out with some sort of a bullish guess, or estimate, or expression today. Mis* Giles has already given out her estl- mate of the crop. Sho has never ruined In terest In her figures by getting out u half doyen crop estimates, a» some other peo ple do. Just after the close there was n very bull ish feeling on the curb. For a time 22 was nsged for January; later it was offered at 18. There is never a word said about en uring the rule against curb trading nowa- ly*. It Is n foolish rule a* it now reada, at beat. The startling statement by the senator from Texas Is: ”Aud the men who never raised a bale of cotton buy cotton by the hundred thousand bales.” Just where the market would be if only men who raise cotton bought cotton It something that Sen ator Bailey ahould explain, and the sena tor la probably nble to explain anything alwmt cotton speculation. THE WEATHER. LOCAL FORECAST. Coast fane. American Sugar Ref. . Angcondu American Locomotive. do. preferred. . . Am. Smelting Ref. . do. f preferred. . . . :hIson. do. preferred. .. . American CoDon Oil. . Am. Car Foundry. . . Baltimore k Ohio. . . Brooklyn Rapid T. . . Canadian Pacific. . . . Chicago k Northw’u. Chesapeake Ik Ohio. . Colorado Fuel k Iron. Central Leather, . . . do. preferred. . Chicago k Great \V. . Chicago, M. k fit. P. . Delaware k Hudson. . Distiller’# Securities. . Erie do. preferred. . . . General Electric. . . . Illinois Central Am. Ice Securities. . , LomsvlMe k Nashville. Mexican Central. . . . Missouri Pacific. Total stock salea today 1,102.500 shares. NAME OF STOCK. N. Y„ Ont. k Western. National Lead Northern Pacific. . . . Now York Central. . . Norfolk & Western. . Pennsylvania People's Gas Pressed Steel Car. . . do. preferred. . . . Pacific Mall Rending . Republic Steel Rock Island do. preferred. . . . United States Rubber. do. preferred. . . . Southern Pacific. ’. . . Southern Railway. . . do. preferred. . . . filoss-Sheffield Tenn. Coat 4c Iroo. . . Texas lie Pacific. .... Union Pacific United States Steel. . do. preferred. . . . Vo.-Car. Chemical. . . do. preferred- . . . Western Union Walmsh do. preferred. ... Wisconsin Central. . . do. preferred. . . . NEW YORK. The following is the range In cotton fo- tures in New York today: Nov. . . Dee. . . Jan. . . Feb. . . Mareh. . April. . May.. . Jonc. , July.. . .110.04 in.04( 9.91 .110.00:10.01 9.88 .110.09)10.09 9.91 231 C 3.92 9.90-92! 10.03-05 9.S* 9.87-Mi 10.03-04 9.93 9.93-94 10.10-11 .10.01-03 l“.18-2* 10.22|10.25)l).(l7|10.05 i ia.09-l0 10.27-28 10.22 10.22 10.19;10.19| 10.13-1 j'10.32-33 10.3111 *.34 10.16il0.21 10.20-21110.36-37 10.38 10.38(10.22 10.22j 10.24-20 10.40-42 10.40!l0.4o!l0.27 10.30!l0.29-.10il0.4T)-47 LIVERPOOL. NOTES ON GRAIN Pointer* on Provisions. WEATHER CONDITIONS. With the except Ion of snow nt Boston slid Portland *nd rafn at Key West, fair weafti- * If of cept— _ rain at Ke_ — .. . _ er covers the eastern half of the map. west of the Mississippi cloudy weather prevails with light rain at a few scattered stations. The center of Ugliest nlr pressure has mured hut little In the last 24 hours, but ha* decreased slightly in Intensity situs yesterday morning. Moving In over the nortli Pacific coast Is nn area of low barom eter whose center Is now near Portlond. Ore. \ , With but few exceptions, there has l>etm a general rise In temperature. Over ft small area In the Rocky Mountain region It I* 10 to 1* degree* colder. The eastward drift of the northern hi by a alight deprenalon in the southwest will Minimum and Maximum Temparaturer observation# taken at 8 a. in., i5tli merid ian time. Abilene. . . . Amarillo Asheville. . . . Atlanta August*. . . . Birmingham. . Bismarck. . . . Boston Buffalo. . . . Charlotte. . . . Chicago Cincinnati. • • Corpus Christl. Davenport. . . Dodge El fa* Fort Smith. . Galventoli. . . . Havre Jacksonville. . . Jupiter Kansu* City. . Key We*t. . . Knoxville. . . . lets Angeles. . Macon Memphis. . ■ • Meridian. . . ■ Mile* City. . . Mobile. ... . Montgomery. . Nashville. . . . New Orletiu*. . New York. . . . Norfolk Dm alts l’nle«llu*. . • • Pittsburg. . . . tft. Louis. . ■ . Mt. Paul Han Francisco. Haranmtb. . . . Tntnpa Taylor Thottsarilie. . . Vicksburg. . . . Washington. . . Wilmington. . . Private Wire to Glbert k Clay. Chicago, Nov. 2.—There has been heavy selling of provisions by commission houses at epeniug. Hatley n big teller of No vember lard. There was fair buying by the pit crowd oil the break. The stocks showed more lard than waa looked for, but was bttiilsh on pork and rib*. Think •e will have n further break. Think lard will sell higher. Would buy wheat on every soft spot. Corn still slow to move, but prices show disposition to advance. There lit* been some buying of May whent and selling of December by a broker who is giving up name of the Armour Uralu Company. ATLANTA MARKETS. FRUIT8 AND PRODUCE. EGG8—Candlrd. active, :5c. LIVE rOULTKY—lions, aotlv,, 37!ic each; chickens, plentiful, J5fl2?Ho *fien; ducks. Pekin. 3wt each; puddle, 254130c* each; geese, full feathered, C5o each; tur keys. active. Ilk: pound. DREMMED POULTRY—Geese, undrawn, active, loeiitac pound; turkeys, undrawn, active. 19020): pound; hens; undrawn, ae five. J3%<? pound; ducks, undrawn, fancy, loc pound: fries, active. 14c pound. PRODUCE—Hama, active, lb* pound; shoulders, active. l‘c pound: sides, active. 10c tHiuud; butler active, l.>022‘*<* pound; beeswax, active. 2T#* pound; honey, bright, active, 8c pound: honey In 1-pound block*, active, 12c pound; chestnuts active, 44.00 bushel; dried npples, tie pound; white |»oaa, active. 12.40 bushel. GAME—Quail, active, 20c each; dm . live. TVfcc each; duck*, mallard, active, 4m*; each; ducks mixed, active. 204*200 each* wild turkey*, active, IGe pound; rabbits, nc tlve. 12%v each; squirrels, active, 10c each opossum, dressed, active,. 12%e pound; opos sum. live, active, 10c pound. FRITfH—Lime*, dull. 4ue per 100; pine apples dull, 92.50©2,75 per crate; bum oust*, active. 16c quart; orange*. $lorbla. 12.2502.50 box: grape fruit, 12.7503.00 box. Lentous. 16.60 box. VEGETABLE**— Beet#, cabbage crates, active, 12 crate; cabbage, standard crates, lUe pound; cabbage, barrels, lVie iiound; egi plant, active, $1.50 crate; cukes, ac tive. $150 crate; tonmtoe*, fancy, active. |.J crate; tomatoes, choice, a«*tlve, $202.25 crate: beans, rouml green. $1.75 crate; onions, dry. nctlre, 75c bushel; Irish jmtn toes, active No. 1. 80e bushel: celery, fan cy dull, $2.0003.00 crate; (teppers active. $l.uO crate; okra, six bitkets. small, $2 irate; cauliflower, active. 8010c pound: lettuce, headed. $2.60 drum; sw**ct potatoes, yellow, dull, 40c bushel; sweet potatoes, • •*■*-- dull. 30i* bushel: kruut * rutabaga turnips, lHe. range and close, compare close. Futures opened quiet end steady. Opening Previous Range. Clo*e. Close. ..5.53 5.49 5.M& ..5.47 -5.48 5.43H 5.51H ..5.46 -3.47 5.43 5.51 ...5.48 -5.49 5.43 5.53' . .5.51 -5.5‘.% 5.47% 6-56' . .5.54 5.50 5.59' 5.56%-5.57% 5.52% 5.61' r. ai js r.t, rk r. as Noremlwr.. . Nov.-Dec. . Dec.-Jnn... . ■fan.-Feb.. . May-June v .. June-July. . July-August.. Closed easy. ....5.6) -5.59 5.56 5.64 . .6.62 -3.60% 6ifi% o.ffif iSs WHEAT ADVANCED FRACTION EARLV Cubits Were Higher, Argentina Shipments Smaller Were the Chief Influences. half-barrel, $3.75; gibert a clay •TOCKt. tlONO*. ME ALABAMA »T COTTON. CRAM. ATLANTA. CA corrcc. niovitioNt NCMICMi Tort 8took Eicbtnro. j Now Orioan* Cotton Etcliaa*o. i rktcifo Boon! of Trido. Now York Cotton K>oban(*. | Now Or oon* Stork Eictumc,. p Uiorpaol Cotton Aoo’n. Now York Coltoo Kicbitro i N>w Orljino BoorU of Trnrto. POnlrnton Cottou E». PRIVATE WIBER TO ALL EXCIIANUES. Local and Long Dintnncn Tnfnphnnn 52*8. C. E. KEPLINGER, Manager. ALONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS . Empire Building. Bell Phone, Main 8s8. ATLANTA. GEORGIA. FLOUR, GRAIN, PROVISIONS. FLOUR—Highest patent. $3.50; best pat- ent.l4.6u; stnudanl patent. $4.25: half p«t- ent. $3.9); spring wheat p#tent, $a. CORN—Choice red cob. i<V; No. 2 white, 6So; N«». 2 yellow t9»*; mixed 66)*. OATH—Choice white clipped, 50e; No. Z white. 4$c; No. 5 mlxeil, 4So; Text# mat- proof. B6»*. MUAl. -IMrtln water-ground, per huibol, CAc; Iwited. 149-pound Jutes, per Imehel. 62c; fihort*. white. $l.i»0: me«liuni, $1.40; brown, $1.35; pure bran. $1.2'); mlxol brat*, $1.1 j. HAY—Timothy, choice large Imlea, $1.23; do., choice sinnll bale*, $1.20; do.. No. 1 clover mixed, $1.10: do.. No. 2 clover mixed. $1.15 Choice Bermuda. Me. BYE-Georgia. #1.03; Tennessee, JKk*. Bar- ^ Vhe nlKYve price* are f. •>- b. Atlfttittt. PROVIMIONM- Supreme ham*. 15c. Dove •mins, 15)*. California ham*. $9.wh Dry salt •*Xtr:i rlbm, $9.23; bellies. 2U-5 pounds. 1U.87%; rat back*. 8.25: plates. 8.25: Supreme lard. *: Snow Drift compound, GROCERIES. COFFEE— Rousted ArbuekleV. |lda5;liull( In bags or Imrrels, l.V: green. 1O0UV. RB^E-Carollno. 4%^7%c, according to the * r cHEF.HE—Faucy full cream dairy, 15%c; twins. 15%«*. FISH. r barrel: bream. HQ 7»* p*mud: suupixT l"e per pound; trout .v* per pound: blue fish, S»* per ptuiud; ponqmno. l$0-U»* pound: mackerel. 12%c pound: mixed fish. •'«• |*)*r pound, treah water front. Wil'H* Chicago. Nov. 2.—Weakness in the Minne apolis market, mused by the duinplug « f a big line of December held by Whallob. Case & Co., was the chief Incentive for an easier tone to the whent market. Coarse grains held about steady and hog products were lower. Flnnl quotations were %c to >i4r%e lorrcr U>r wheat, steady to %0%c off for orn. ami stonily to %o lower on outs. 1’ro- Islons were steady, closing price# for Jan uary were: Fork $14.00, lard $8.62%, and rlt.s $7.62%. Trade in all tire pits was of a moderate character. Brailstreet’s clearances were 4.493,000 bush* Is wheat, ngalust 6,188,WO bushels u week ago nud 0,260,000 last year. Corn export* for the week were 1,300.009 bushelM. compared with 1.496,000 bushels the previous week and 1,099.000 bushels a year ago. The dally eienranees wore 680,000 bu*i)tds wheat, 142,030 bushels corn aud 2.000 bushels oats. Cash markets dull but relatively steady. Cash sales hen* were 23,030 bushels wheat, 65,00.) bushels corn and 200,000 bushel# oats. NEW ORLEANS. tores In New Orleans today: Nov. . Dee. . Jan. . . Feb. . March. April. . May.. . June. . July.. . .(10. oil 10. .110.01 10.06 .110.06 10. If JS? 9.90! 9 92! 9.90 jj0.lt-19 9.901 9.92 9.91-92(10.19-2.) 9.94’ 9.97! 9.97-W'l0.26-27 lti.O4HQ.04,11.04*08 10.31-33 10.12110. ] 5110.15-16 It). 43-4T [10.20-24! 10.48-50 #0.28 10.28110.29 3110.57-68 Private Wire to Gibert & Clby. New York. Nov. 2.—Daniel Odell k Co.: "Dear money In-Lowlou and possibility of Bank of England’s raising rate to 7 per cA\t. with Bank of Frauce’#.-unwillingness to supply England with gold cauaea the London market’s refusal to respond to our market this morning. This money situation It critical, it seems.” The Increased confidence of Hughes* elec tion anti fhe raising of the Pennsylvania dividend to 7 per cent yesterday has caused abort covtrtug nnd some aggressive buying by operators believing in broad market Inter on. We would not buy. ex eept on breaks, arid advise selling on the bulges until #fter election. Marshall. Spader & Co.: "We do not expect the tone of the London market to be of more than temporary effect In our trading. Sentiment here will 1m» very largely influenced by political considera tion#. r * , Dow-Jonea* summary: American# lu Lot- don heavy* mostly rather below parity. Seeretanr Root delivers o powerful (m meut against Hearat at Utica, qtiotlug the president as bis authority. Indications point to suspension of out ward movement of curreuey in the second Week of November nud it return movement In large volume about the second week In December. Substantial recovery In Ilussiau l»mda i* a feature of Paris nnd London markets. ~ .... (I|B report that they ivnmped with CHICAGO GRAIN MARKET. Dec 74% Mny 79 July.... 77% CORN— Dee 43% Mny 44% July 44% OATh- Dtfc 33% May.,.. 33% July 3J% PORK- Jftli... 14.12% May.. 14.23 LAHD- Nov... 9.25 Deo.... 8.73 Jan.... 8.60 SIDES- . Jnn.... 7.i2% ...2% ».&• «.62% ).)0 May.. 7.NU 7.83 7.73 7.75 7.85 CAM!! WHEAT— No. 2 red 74%^! U»: No. 3 do 73074%; No. 2 hard winter 74%075; No. 3 do 72074. im 43% 44 44% 5* 33% 9.30 m GIBERT A CLAY’S DAILY COTTON LETTER New Orleans. Nov. 2.—A noticeable lack of Interest was manifested abroad aud op tion# merely followed the course of the American markets. Closing price* were 9^ rtolntu lotrer than, yesterday, while 7.000 bale# changed bands nt a loss in quotations of 6 (mints. The situation ha* undergone little. If any. change over the local holiday yesterday. The eoutiuucd favorable weather for pick- iug and marketing tho crop and the heavi ness of the movement.’ ns Indicated by the weekend figure*, bps but intensified the prevailing sentiment, nml the market’s only support at the moment is the fear of over doing the decline." Undoubtedly ns a result of so numerous liearish Influences there has resulted a con siderable short interest which, being un stable and quick to seek cover on any un favorable circumstances, would readily cause n ’temporary Improvement were liqui dation to set In. Ml/owerd In the western belt-are expected tomorrow, which of Itself Is iiu unfavorable Influence, for now the market being so largely dependent iipou the liberality of the movement, that any setback or delay would naturally create auf- fldent concern to brifig nlsnit a prompt re- aeflon. A more fnr-reni-blug view, how ever, would suggest that, eliminating toiu- Iower prices are- convict Ions that Calumet and Hecin earnings for the first half year estimated at $11 ft' share per an num, enBllv besting nil records. Mt. Paul Heptember gross Increase $205,973. Forty-two roads for the third week lu Oc tober show average gross increase of 11.97 per cent. Twelve industrials advanced’ .89 per eeut. Twenty active railroads advanced 1.5 per cent. New York Financial Bureau: Pennsylva nia will meet stock toward 14C. Nd stock appears In Union Pacific this side of 183. It being held between ISO and that figure iu a trading position. Amalgamated Uopper -support wa* good on the first level, #nd If can lie raised without much opposition still further. Rending muy be tmugbt on reactions, but npt on these short covering bulges. Atchison was well held and tmould be taken whenever soft. MV would buy Loulsviie mid Nashville and hold It. We coutUiue to IK» bullish on Steel when- rer soft. The Knicltiiig support, was maintained. It trading limits heretofore mentioned. Mt. Paul Is held between 169 nud 173. Southern Pacific Is rcporteil well liought on recessions. NEWS ON ELECTION CHIETjNFLUENC Widened Betting'Odds to to 1 in Favor of Hug'ies STAMPEDED SHORTS Covering Caused Advaii in Many Stocks of 2 Over 5 Points. THE COFFEE MARKET. Now York, Nov. 2.—The market opened steady at unchanged prices to u decline of 5 points under a little sell ing against Arm offerings from Brazil, .which, hotvever, ,was promptly ab sorbed with the nturket doinfe a little better during the middle of the morn ing, when actual sales were unchanged to 5 points higher. It Is expected that the world's visible supply statement a# of November 1 will make a bearish showing, with nn Increase of over a million bags, but the bulls point out that possibly as much as 750,000 bags of the coffee brought into sight Is in the hands of the government’s agents and will not be sold until the second half of next season.—Gibert «t- CJay. Following is tin- opening range and cloi* * tlm V n ,|. - - • • - February March April May June July August Heptember. . , October November Dccemlwr Closet! steady. ... .6.13-6.2) . . .6.25-6..'} > . .6.35-6.40 6.40-6.60 6.53 . ..6.55-6.63 . ..0.70-6.73 . .6.73*0.80 . .0.83 . .6.90-6.93 . .5.95-6.03 . ..6.D New York. Nov. 2.—Today’s security ket was distinctly bullish and there heavy short covering nnd buying f„ long account through the entire list. Thra was nn especially violent rife In th>- g of local franchise shares which have largest nud must direct concern with result of the election next Tuesday, 'p wsa a spectacular upturn In Great nwL ern nnd Nortlielu. Pacific and in St. |* uuL Union Pacific, .Rending, Smelter* and per it waa evident that a short inter, was being driven in In great confuiMa The upward* movement Wntldtiefl* pVrsiq. ontiy throughout the morning, with tr«4 lug more active than It lias been f, weeks paaf. No nttentiou was paid comparative stiffness of local monev intti to the ndviinee lu sterling exchange the lower market for Americau sh!i London. New York- Xov i-The stock marks us slightly reactionary, with decline mgfng from %®%. Conaiderabie ,, r , ..king wa* erldeut iti Peunsrlvanlu. wl opened % lower. Reading also opened V peennes of % were recorded in i n Poeifle. Southern Pacific. Erie nud lhtiti] more and Ohio. Mt. Paul and Atcblaoi were tuu hanged. Steel coiiifnou lost >, a y Amalgamated > 4 . After the opening fnidint the market developed further irregularity. The entire market this morning \v Influenced by election sentiment, developments overnight, followed widening of the betting odds to 3 to In favor of Hughes, started n stamped* on the part of shorts to cover, wl at the same time It made holders long stocks more confident of their j sltion and left the market without a., supply In wight except at materially higher price*. The advances result Ing ranged in many stock# from 2 over 8 points. London traded on b< aides, selling largely at the opening Pennsylvania and Amalgamated. \ _ bought other atock# later in the first hour, the sale* exceeding the purchase] by about 25.000 shares. Government bonds unchanged. br bonds firm nnd activp. * * THE LONDON STOCK MARKET. STOCKS— iKTo# n, ••? 6.804.85 6.904.93 6.96-109 6.054.10 COTTON SEED OIL. NuV)'iiiIm*v. December. Juuuury. . February. . March. . . . May Halt*, 100 November her nt .*»*«. Closed Kti*ady. Onenlag. r:osi«i . . 3#%037 3 , . 35%035«4 34*4036% , . 35 083% 34*4 t35% . . 35 035** 84\086% 36%035% 25 035% 1 \r •* 39 and 100 Deccni- PRIMARY MOVEMENT. The following figures give flic primary movement of wheat nml corn: Wheat—Receipts today 892,00) bushels: last week 95J,oni> bushels, ugainst 1,170.000 bushel* last vear: shipment* today 664.000 bushels: last week 4(MMXM lmshel*. against 51^.600 bushel# Jnsi year. Com—Receipt* unlay 446.000 bushels: last week 365.000 bushel#, against 426.000 Imshel* last year: sliipmetits t<»ljiy 4#».ft») bushels; last ‘week ?29.“ ‘ * * ‘ “ bushels last ye; bushels, against 225,0» CHICACO CAR LOTS. Today. Tonior. J. T. IIOLLEMAN, PresldObt. F. J. PAXON. Vlcc-Prasldent. W. L. KEMP. Tresgfir#r. J. W. ANDREWS, Secretary. UNION SAVINGS BANK Four Per Cent Inter est Paid on Deposits ASSETS $150,000.00 Ona dollar starts an aeeount. Hours: 0 a. m. to 6 p. m. Sat urdays till 0 o’clock at night. DIRECTOR* i THOM. J. PEEPLES. W. It. STOVALL. F. J. PAXON. W. O. FOOTE. t. T. IIOLLEMAN CLYDE BROOKM.J. M. JOHNSON. SOUTHERN JEXCHANGE Oldest Established Office South. co rro»—mas—mas—mu Ground Floor Gould Building. Dally market letter nnd market manual mailed on application L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Correspondent's Capital $250,000 ftCFCRCNCC. THE NCAL BANK PHONE 1417. PRUDENTIAL BLDC Amalgamated t’upper. . Anaconda Atehlsoli do, preferred Baltimore and Ohio.. .. Denver amt IUo Gramie. Erie • ilo. preferred Canadian Pacific Illiuol# Central Kiiuhum nml Texas do. prefertiil Louisville uuii Nashville New York Central Norfolk nml Western. . .. , Northern Pnclfle . ... Ontario nnd Weateru Pennsylvania... . Phils d * Rook Southern Pneifie.. . Monthern Railway., do. preferred.. .. St. Paul Union Paclfii:,., ,U0%! .269 .. ioi% ! K>i%|wr 4'J 7 * U't MINING STOCKS. - dlnn f. l i; Old Dominion 62%. SEABOARD AIR LINE. Following were the doting quota!io Seaboard Air Line Ntocks nod bond#: Bid. Askd. 8i»aboard Air Line, eouimou.... do, first preferred, do, Recomi preferred.. do, teu year 5*.. 52 82% 99% NORTHWEST CARS. New York. Botton. Chicago. Washington. Philadelphia. Baltimore. Atlanta. New Orleans. San Franclaco. London. The American Audit Company 100 Broadway, New York City. F. W. LAKRENTZ, C. P. A., Pret. G. E. MANWARING, Vice Pres. THEO COertEU, Jr.. Secretary. The American Audit Company, chartered under the law* of New York, ic empowered to examine the affairs of. and male reports upon the flnan-1 rial condition of private and public concerns for directors, officers and In-' dividual*. The preparation and Installing of systems a specialtv. ATLANTA BRANCH. 1015-1016-1017-1018 FOl’RTH NAT'L BANK BLDG. C. B. BIDWELL, Resident Manager. Telephone. Main 872. Cable Addreit, Amdit, New York. 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 Modern Conveniences You should not be without one. IVe invite you to call and inspect them. Title Guarantee and Trust Co. l4*t Today. Week MintldipoU* 26» 325 Dnlnth 32 35 THE LIVERPOOL GRAIN MARKET. Wheat—Opened % higher; nt 1:3) p. m. *4<f% higher: dnaol V?i% higher. two—Opened unchanged: at 1:3) p. m.. % higher: cloaed % higher. THE METAL MARKET. New York. N)*v. ..—Tin *fnmir * 2 anee In ami future deliverie*. Copper «n* unrhatiged nud quleu l^#»l am! »|M*lfer nerc dulL Frank Ilawklnt, Pmtdenf. Third National Bank Capital Surplus $200,000.00. $300,000.00. DIRECTORS: Frank liawkln#. M. Atkinson. J. II. Nunnalty. J. Carroll Fay be. F,. B. Ro*#er. :S5»Si!SS2aC3 1 LOWRY NATIONAL BANK Designated Depository of the United States. CAPITAL ,$500,000.0" SURPLUS 400,000.0" UNDIVIDED PROFITS 140,000.0" A general banking business transacted. Foreign exchange, Letters of Credit. Corresponds direct with the National Bank of Cuba. WM. u PEEL BrosIdroL noUBRT F. MADDOX. Vice PresMeat THOMAS .1. l'EEPt.EH. Cashier. JAMES CJ. I.ESTKIL Aiilitant JAS. I*. «Wl.\D80lt. Assistant Cn.lll-' MADDOX-8UCKER BANKING COMPANY. CAPITAL $200,000.00 SURPLUS AND PROFITS . . $800,000.00 Accounts, small as well as large, invited. 3 1*2 per cent interest paid and compounded semi- annually in our Savings Department.