The Atlanta Georgian. (Atlanta, GA.) 1906-1907, November 05, 1906, Image 11

Below is the OCR text representation for this newspapers page.

NEWS AND QOSSIP Of the Kieecy Staple. Has a Depressing Iuflueuee on tlie Price of Cotton. BELOW 10-CENT MARK The Trade Expects Only Temporary Advances Dur ing Heavy Movement. Sow York. N«>*. 5.—Tile cotton market ninth* a t*oor response to unexpectedly gtrMl p cable*. The professional element wo* evidently a literal seller of cotton, bought Saturday on predictions of another tropical ■torn,, which, however, did not muterlalUe. Liverpool was expected to show an Im- iinivenient In price* of 2 point* this moru- I,iit Instead the 12:30 p. m. market advances of from 4 to 5 point* In futures department. Immediately after inc. By Private Wire to Glbert & Clay. • w ^Or|ean* f Nov. 5.—Liverpool 4 to 5 up I* a good market." Wan due 1 to 2 up* should open about 6 points higher. Liverpool cables: “Market affected at first unfavorably by Importers sell ing and afterward Improved on shorts covering.” American markets closed tomorrow. The decline today has been entirely due to the activity of bears based upon the absolute lack of outside interest. At the moment piollt taking by shorts has checked the easiness, but the mar ket does not look healthy and Is with out support. The western forecast indicates for tonight and Tuesday fair und warmer weather with Increasing cloudiness to morrow In western Texas. The eastern forecast Indicates partly cloudy weather tonight and Tuesday In North Carolina, west Florida and Ala bama, with possible showers Tuesday in the two former states. For Missis sippi fair tonight and Tuesday with warmer weather. For the balance showers tonight und Tuesday. Joseph B. Lively Private Wire to filbert A Clay. New York, Nov. 5.—Marshall, Hpader Sc Co.: While most tiling* polut to n steady RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAME OF STOCK. Coast I me. American Sugar Uef. . AuflcondA. ....... American Locomotive. Uo. preferred. Baltimore * Ohio. Canadlnu Pacific. Chicago &. Xortfcw'n. Chesapeake A Ohio. GIBERT & CLAY'S DAILY COTTON LETTER Now Orleans. Nov. 5.—After an errntl eotirse option* finally closed niielinnged to 1 point advance over Saturday's level*. The foreign market has all the appearance till* opeillllg II lounvio-.v nua nwitu, ,,„l iti. mnrki't sold off slowly" during the remainder of the session, the '-lose Ipellig ■leads' nud nuehonited to 1 point up. r.ilinwlnf Is the reuse In 'the active months In Liverpool today. Open, llljh. Low. Noveiulmr ».«0 3.48 5.3* j, 5.38 5.43 5.33 Mnrrh-Aprll MS MS 5.30 Mnv.lune B.48 5.54% n.44 sjsjt market wns steady, middling .toil un •_* tmtfita tO 6.72 011 Mug marked up 2 points on l.lverpool's early showing th« York market was due to open 4 to 4 point* higher. The decline In Liverpool, liowev ..... . ...- o|»enliig prevented n full retpo first price* lor the active month* belug only 1 to :l point* higher, and during the worn- , r 4'n*Ion Initial quotations were the be ih,. Imvember option breaking 14 polut*, January 13, March 12, to 9.92, and May 1U jK'lllt*. nml the farmers lire taking 1 Srlv estimates of receipts 68,000 bale . ■ sailed 64,314 actual Inst year and 61,794 In i:*M. Tlmos-Democrat, In Its summary of t*i,’ situation, says: “Below 10 cents the staple quite naturally Ii:i» acquired additional friend*, while at tin- same time chronic bear*, actuated jmrelv by motive* of prudem-e, now evi very Intention of awaiting develop ment* before again testing the temper of tie* trade. Under the circumstance* a *mall volume of short covering wa* sufficient to nN*i*t the price no little. As yet the taleut „ the cotton Industry nml the delay* In early shipments an adequate ex planation of the record-breaking movement, nml circumstances are such that ' * — and supply persistently hold the spot man to a strict accounting. The actual cotton man ha* found by actual experience that u very ' irge crop has been sold, the evidence of rhle* * * ‘ which I* best seen In the consistent caution lower. The figures show much the heaviest movement In the history of cotton. It seems that there Is no Umit to the movement ex cept the ability of the carriers of tho Mouth to move the cotton. Both this week and last weok all the records of the big crop year were pawed, and there has come tho prospect of as much or more having to Mem to be any i There doe* not 'The hates? The bales?’ when the movement is large, I by fightlm Is large, have been losing money recently Ightlng the decline. It Is unually the case on a declining mnrket that the outsld- era tors around the ring striving to guess the tmttom. Comparative receipts at all United States higher. Tomorrow being u holiday lit the American mnrket*. hu*!ue*R today lapsed Into an uninteresting r-tnte. The rly decline resulted from a positive lack of support. targe crop Idea* couth,tie to the rInner*' report to be Issued Thursday I* unmistakably bearish, estimates ranging in the neighborhood of 6.800.000 tales, increase of nlMUit 300,000 bales over same period In 1906. As far as the actual situa tion I* concerned, there ha* lw*en little. If any, specific change, but nevertheless dur ing the flay there developed both here and abroad In speculative sentiment* a disposi tion ;o lock with favor upon a reaction from existing market price*. This change in feel ing I* nothing more than a reactionary he the spot sltuatl doe* not reflect any ab normal demand for cotton and the country business drag* over with ii tendency on the uirt of holder* to await a better Helling •nrls. I'rolmbly this policy of withholding ould be retracted were a further detdlne to reaiilt nml the spinner knowing this Is n purchaser of no more than necessities. THE WEATHER. LOCAL FORECAST. WEATHER CONDITIONS. the c ry r . morning has moved eastward nud hns de creased In energy. Today Its crest extends from New England southwest Into east Ten nessee. The low pressure area In the north- eat lias moved from the Pacific coast east- ..nrd to northern Montana, causing some what higher temperature* to the southeast of the center. Fair weather prevail* throughout most of Colorado Fuel A Iron. Central Leather. • . . do. preferred. Pei a ware A Hudson. Distiller's Securities. , Erie. do. Ofankl . . . Illinois Central Am. Ice Securities. . . Louisville A Ns shrill*. Mexican Central. . . . Missouri Pmelite Total stock sales today 634.8(0 scares. NAME OF STOCK. N. Y.. Out. A Western. National !*«ad. . . . *. Northern Pacific. * . . New York Central. . . Norfolk A Western. . Pennsylvania - People's tins - Pressed Steel Car, . . preferred. . . . Mall Pacific ! Republic Steel ltock Island do. preferred. . . . . United States Rubber. , do. preferred Southern Pacific Southern Hallway. . . , do. prcfsrred Slosa-Sbeffleld Tenn. Coal k Iron. . . . Texas A Pacific Union Pacific United States Steel. . . do. preferred. Wabash . . . do. preferred. . . , Wisconsin Central. . , do. preferred. . . NEW YORK. Tfcf follCTlns I* lb. range In cotton fn- turco In N«w York today. a 1 a u t 3 Ii 1 || So Nov Dec Jan Feb March. . . . April. . . . May June. . . . July.. ; . . 9.??} 9.78 9.85 9.85 0.90 M0 9.911 9.91 10.03i 10.05 i&ii iojd 10.2010.20 10.24(10.24 0.77 9.70 9.77 9.83 9.93 io!o4 10.14 10.16 9.77| 9.74-76] 9.86-S8 9.701 9.70-71j 9.83-84 9.79 9.78-79| 9.89-90 9.89 9.84-861 9.97-99 9.96 9.96-96110.05-07 10.01-03110.12-13 10.08 10.07-08 10.17-18 10.14 10.14-15 10.21-23 10.16 HU7-19U0.26-27 WHEAT SITUATION CAUSES ACTIVITY tlon lias occurred east of the Itoeky Moun tains. Know Is falling at Yellowstone Park ami rain ha* fuller, on the north Pacific const. There has been a steady rise In tempera ture at most stations In the south nud In elsewhere- the er In this section tonight and Tuesday. Minimum and Maximum Tsmpsraturaa. Ohservntfons taken nt 8 n. in., 76th merid ian time. Amarillo. . . Asheville. . . Atlanta. . . . Augusta. . . . Birmingham.. Bismarck. . . Boston. . . . Buffalo Charleston. . Chicago. . . . Dnvcuport. . I lodge El Paso. . . . Fort Smith. . , fjslvestou. . . receipts today Same dsy last year 9.448 .. ..132.626 .. ..112,719 19,907 ..2.790,417 ..2,636,174 Movement at Atlantu: Receipts today Name day last year ., Decrease ,. Shipments today .. ontne day lust year Decrease .. .. ,, ,, Ntoek on hand today Nrum- day last year Increase Intimated for tomorrow: 2.282 1906. £*mv Orleans ynlveston .. . Houston .. 'I after Monday. November 12, the i at 4 p . u,. ' ■■ ...... Illll-l MIIIIIIHI. ‘•‘v-nnsd mnrket will d ... Mciol of 4:30 as heretofore. I he next glnners' report will be Issued nt - b **»• New York time. November S. and ..*hotv the amount of eottoii ginned up to \ii ! ■ points lower. Liverpool I* due to eotne michnnged to 2 •••iiiu lower Tuesday morning. Kansas City. Key West. . . Knoxville. . . Los Angeles.. Maeon Memphis. . . Meridian. . . Mile* City. . Mobile. . . . Montgomery. North l’lntte. Omaha. . . . Palestine. . . Pittsburg. Portland, Me. . . Portland, Ore. . St. Louis. . . . St. Paul San Francisco.. Savannah Spokane Tampa Taylor. Thomasvule, , Vicksburg. . Washington. . Wilmington. TODAY'S PORT RECEIPT8. The following table, shows receipts at ths ports today, compared with the sumo day Inst year: SPOT COT!ON MARKET. blvorpooi spot cotton steady: middling • “ u,2d. Sales 7.000. American 6.590. •Ipts 16,000, ^{••■ alailui, ami export 500; r 'll American. Atlanta—Sternly, r . , N V'»rk-Qttlet, 10.3); dell New Orleans Oalvestou. . Mobile. . . . Suvannidi. • Charleston. . Wilmington. Norfolk. 1655 15439 1323 15206 24303 2499 11916 There Is a situation developing, or already developed, In the spring wheat country which Is worthy the attention of wheat trader* the world over. These conditions have received more attention than usual this week, and as a result wheat prices scored an advance of about 2c for May and a little better than thl* for the December at best prices of the week, reached Friday morning. This gain In prices does not represent fairly the Improved activity in trade, us on one or two days the market had a swing of about lc, and yet closed with no material change. wo or three of the more Important thing* which come to the surface In connection with the spring wheat crop may be enumerated. There Is nothing new in the fact that Minneapolis re ceipts continue to run very light. In fact about half aa large as a year ago. It Is nothing new to state that Minne apolis stocks arc decreasing when there should be a natural Increase of possi bly a million bushels a week at this time of year. But the reasons for this remarkable falling off In the movement of wheat to the biggest milling center in tho world are more apparent and better understood than before. For weeks the trade has been made to believe thut tho railroads in the ’spring wheat country either could not or would not move the wheat forward and stories were printed, way after day about the great number of cars on this side tracks. The Impression was giv en that some day or some week there would be a special effort made and celpts might be so large as to swamp the entire trade and break prices. Lat est and best advices from the spring wheat country this week Indicate that the Important Interior milling points of the northwest are drawing heavily on the wheat In their respective localities. On Friday n northwest leader reported that very much of the South Dakota wheat was going from the local sta tions to the country milling points. LIVERPOOL. The following figures give the opening ■nuge nud close, compared with yesterday • rnuge : close. Futures opened steady. Opening Ranke. Xovemlier. . Nov.-Dee. , • I>ec.-Jan. . « Jan.-Feb. . . Feb.-Mnrch. . March-April April May.. , 6.34 Mny-Juno. Juue-Jnly. 1 . . . July-Angast.. . . Close,! steady. 6.50 -5.44 6.35 V4-6.38 6.36 -6.38 6.38 -5.46 6.404-6.43 5.42 -5.65% 5.41 5.44 -5.48 6.44 5.43 -5.51 5.46* 5.50 -5.61% 5.4S| 5.52 -S.64 5.601 Previous Close. Close. 5.40 5.40 5.34% 5.34% 5.39 5.84 5.36 5.38% .6.41 6.43% 5.46 5.48 6.49% NEW OIUiEANS. The fotlowloc Is tha range Id cottoo fa- ture* lu New Orleans today: I § 3 ! S s 1 U Nov Dec Jnn Feb March. , . . April. . . . May June. . . . July 9.34 Iff 9.95 iV.ii 10.10 10.25 lb! 36 9.86 9. .89 9.95 10.11 10.10 IAS 1X36 9.75 9.75 9.81 9.98 10.10 ID. 13 10.86 9.75 9.76 9.81 *9M 10.10 10.13 iliiis T757P* 9.75-76 9.81-82 9.88-92 9.9748 1A0« 06 10.11-13 10.17-18 10.26-28 liliii Closed barely stent y. PRICES WERE UNCHANGED Trade in Wheat Wns Light with the Tendency Toward a Lower Level. Nothing could bo more ntuplil than the apeculatlve marltet In corn every day for the week. Price* at the cloae yesterday were not l-4c from where they were n week before. There I* plenty of bear aenliment In the local trade In May contracts, nnd no doubt a large ahort Interest exl»t*. No ono appear* to wlah to lead a campaign of ahort Helling to force price* lower. Jt ha* not proved an eaay matter In the pa*t, and the atubbomnem of the mar ket around 84c for thut month I* not relished by the bears. - Ortwin*— En«y. uv. (>„|et, 10 me. ninth—Quiet, ir-i. Stile* I.HI > -Hit—Onlet. iMje. (Mien >1. D.ilMiiiori*—X<— • -** bntlnal. 10%<\ .lift, W —Mtpiuly. INTERIOR MOVEMENT. v .e tt 11 > uft; 1lk ~Ht«idy. 101-16 16765 3015 SSI1 GIBERT & CLAY ATLANTA. CA \ork gfock Exchsuir*'. t N>w Orleans Pot tan KsHisup*. ''bfcagrt Board of Trad*. 'II ^ rk Fottou Kxchancv. NVw O.l-jn* Stock Exchange, i f.lvcrpool fotfon Assn. •' w «ork Uoffw Exclisiigc. t N#w Orleans Board of Trad*. Galveston «'ott»a Ex. » PRIVATE WIKI'S TO A!.!. KXrilAAOKN. L «*l nnd Long Diitance Tulephone 5298. C. E. KEPLINCER, Manager. alonzo richarosqn £ co., PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone. Main 858. ATLANTA. GEORGIA Strength In provisions late In the week almost* overshadowed the grain markets at one time. The contracts for October and November were fairly well evened up, and tho bulk of the trade went Into January and May. January pork move,] up In a day or two from $13.75 to $14.17 1-2, while lard and ribs for the same month scored an ad vance of nearly 25c. The strength Is the natural out growth of the lighter supply of hogs which has been recorded for several weeks. The experts In tho trade also knew a day in advance that the stocks of provisions would be cut down very materially for the month of October. When the official figures were made public yesterday morning stock* of pork were found to bo 15,000 barrets less than a year ago, lard stocks 65,000 tee, less and ribs reduced one-hair for the month nnd brought ddwn to a total of 8.000.000 pounds, which Is half a* much ns a year ago. Hately’s report on lard stocks of the world shows a reduction from 25g,00G tes. October 1 to 181,000 ten. November 1. The publication of the figures gave the market no immediate help. In fact, there was n moderate break following them, because so tunny who had lines of product bought were ready to take profits and sell while the bullish statis tics supported the market.—-.Chicago Evening Post. Chicago, Nov. 5.—Tired longs had wheat for sale during the session, and It showed losses of 3-8@5-8c for the day. There was a lack of demand and there were less bull3 when tho market closed. Bull news seemed to fall flat. was welcomed by the longs, but they refused to act upon it. The bears and the longs here followed the north western selling. Corn closed quiet and 3-8£pl-2c lower. Oats were up l-8<j> l-4c and provisions 2 l-2f£10c lower. The visible supply of wheat showed an Increase of 896,000 bushels for the week, while there were decreases of 37.000 bushels In corn and 133,000 bush- els In oats. Primary receipts of wheat 1,278,000 bushels and corn 638,000 bushels, com pared with 1,663,00 nnd 786,000 bush els, respectively, a year ago. Clearances for the day were 832,000 bushels wheat, 538,000 bushels corn and 50.000 bushels oats. Cash grain business Included 50,000 wheat, 40,000 bushels corn and 60,000 bushels oats at Chicago. The seaboard repotted 8 load* wheat, 3 loads corn nnd 50,000 bushels oats. THE COFFEE MARKET. New t ork. Nov. 6.—The coffee market opened stendr at nurhatigod prices. The business consisted of a little selling against Brasilian offers, which were absorbed l».v a not much scattering demand. There feature to the Umsllinn news. Santos was higher, and the rate of exchange 1-32(1 higher, hut ltta was barely steady nnd •Ipts were liberal at Interior point*.— Glbert dr Cfojr. Following table glvci. opening range and ‘■lose of tho New York coffee market for today: January .. . February.. March .. .. April .. .. CHICAGO GRAIN MARKET. for today U Open. WHEAT— Dee. . . 74% May. . . 79 High. July tfOKN- Dee. . . 43% May. . . 44 43U 44 4 Hi 42V A !>«■■ . . 34li 34Si m St 33% r OHK~ Jan. ,.13.95 13.97% W.*> May ..14.07% 14.10 14.05 34% 3$ LARD— Dec. .. 8.62% Jan. .. 8.45 BIDES— Jan. May 9.30 :: east WEATHER FORECAST. ieorgla—Fair Monday aud Tuesday: st winds. fresh Virginia—Fair Monday nnd Tuesday: light ■nffuttg winds. North Carolina. Hotitli Carolina. Alabama, nml Mississippi—Fair Monday and Tueadax; fresh east winds. Kasi Florida—Partly e!otidy Monday nml Tuesday, with showers In *4»utb portion; fresh east winds. West Florida—Fair Monday ami Tdeotlay; light to fresh east wind*. Loiilsi/trm nml Bis! Texas—Fair Monday nnd Tnesd.iv: light east winds. i Western Texflx— Fair Monday nnd Tue Cash Wheat-No. 2 red. 74*071%: No. .1 do., 73074: No. 2 hard winter, i3%075; No. 3 do., 72074. August September Octolier Noveuilier !>eeeml>er Closed steady. OjH»ulng . ..6.2549) . . .6.39-6.40 ..6.45- . ..6.M-6.53 . . .G.60-6.H5 .. 6.65-6.75 .. 6.704.S) . ..6.804.85 . ..6.934.85 . . .6.95-7.00 . ..6.104.20 . ..6.154.20 Clot*. 6.254.30 6.354.40 6.454.50 6.594.60 6.754.80 U. 80*6.85 6.904.96 in iM 6.10-6.15 6.154.20 COTTON SEED OIL. November. December. January. . good advance should the election no disconcerting cause, the feellug tu lug circles Is almost unanimous that lug the strengthening or the Batik of Kng- luud reserve, a speculative upturn lu America a securities cannot consistently be expected. Dow-Jones' summary: by n further rally lu Russian Itoml*. Illinois Central directors meet Wednesday ' “ “ the question of control may he deter- ^._H« ateel btisinc IJght demnnd for stocks (u the loan 000,000. Hlff demand for anthracite otlmulntlafi record-production at uilues. Pittsburg reports Indicate Iron trade a sound basis nud premising well for next year. Mlxty-three roads for September show average net Increase of 5.16 per eeut. and for three months of 11.09 per cent. Canadian Pacific earning* for the week ended October 31 Increased $623,000. Philadelphia nncj Heading railway in creased wages 10 per cent to Pll employees under $200 per month. Twaive Industrial stocks doellued .11 per cent. Twenty active railroads advanced .21 per cent. chase of Union Pacific aud Baltimore and Ohio. Amalgamated Copper preferred can lie raised further. A Western hull move lu 8t. Paul U pected lu some large houses. 8EAB0ARD AIR LINE. Followlug were the closing quotations of Seaboard Air Line stocks aud houds: do. lat preferred., TURPENTINE LOST ITS EARLY GAIN Bavannah, (»n., Nov, 6.—Like the nrmy which marched up the hill nml theu down again, spirit* turpentine lost nil of Its gains during the week, the late trading Hut- ig — — — opening ‘»n Monday. The weok liegnn with the market firm nt 66c, nml the first day Rowling Most Prominent Feature on Reports of In creased Dividend Rate. MARKET WAS STRONG Loudon Bought About 10,- 000 Shares, Chiefly Uniou Pacific and Reading. New York, Nor. 6.—Today's stock market continued to move under the conflicting In fluences of confidence In tomorrow's elec tion results nnd fears of Increasing tension in money rates. At the opening aud dur ing the first hour price* were generally can stock* wore higher In London nnd the security markets oq the other side were represented steady^with - „ renewed ad lu Russia ii maids the feature. Call money, however, when tt begun to l»e quoted after the first hour of the stock exchange today opened at 6 per cent and qnlokly rose to 7. nud under this abrupt tightening what little animation there was In the atock market soon subsided. At midday prices were little changed from the Sat unlit/ close nnd^be dealings had all hut come to ' ““ chlse stock* ... ... strong, the luterlmro Rapid »se nnd.the dealings had all a standstill. The local fran- * were again conspicuously lutcrlmro Rapid Transit Isauea money outlook. M For tho greater part of the first Upur the stock market ruled strong, with Read ing the most proud urn t feature on reports of Increased dividend rate. There was good buying lu Union I'nciflr, the local truettona nud many other Issues that caus- 10,000 l _ Reading. Government bonds unchanged. Other bond* firm. THE LONDON S10QK MARKET. STOCK H-r Auialgn ninte.! Copper* . March May 35%©3r,% 35%tt«* Hales, 100 Jnnifiry at 35%. Closed steady. THE PRIMARY MOVEMENT. The folio win figures give the primary movement of wheat nml corn. Wheat receipts today 1,27,001 bushels, against 1.663,00 Inst year. Shipment* to day 48,000 bushel* against 721.000 bushels hi*t year. Corn receipts today 528,030 bushels against 786.000 bushels last year. Slihi- Hit'llt* today 461.000 bushels, against 2U t - 900 buslfels last year. VISIBLE 8UPPLY. Following Ilgtii’CN show visible sup ply of grain today: Wheat, Increase ASM,- OOO bushel*; corn, decrease 37,00-) bushels; oats, decrease 153,000 bushels. THE 8UGAR MARKET. New York, Nov. 5.—Refined raw sugar market steady nnd unchanged. London beets sternly. SOUTHERN EXCHANGE Oldest K*tftbll*hed Office South. COTTON STOCiiS BONOS —OfMJN Ground Floor OouM Building. 1'mily market letter und market manual mailed on application. ' steps, generally the je close being the opening for the next day, the price rose to 66%c. hut after lingering there for two days n sagging developed. The close Saturday afternoon wns nt 66%c, but In the late half hour's trading the l»«*t price was 66c. The fluctua tions are due to self-evident manipulation by large Interests. The price 1* considera bly lower than at the same senium Inst year, though there are stronger natural In fluences nt work for better values than then. The rosin market closed the week with S nlns of 2c for window glass nml 5c for ?. with losses of 10c for M and 6c for I and K. For the first time this season the two top grades are selling at a parity. This does not mean a grant deni, as neither grade Is on the market to any extent at this time of the year. The receipts of spirit* for the week wore 2,866 ensks. ns compared with 3.167 last rear. The retidpts of main- were 10.619 hntrels. last year 11,419. Thl* In Itself would l*» an argument for higher values, liut In the prerent state of tlic market Its effect seems to lie Ignored. While prices for the pales nro higher than nt the some time last year, M and Ixdow nre badly cut, nml ns tlm great bulk of tho receipts nre commons nml medlnm*, the difference In returns to the protlucers Is marked. Anaconda. Atchison. . . . do. preferred. Bnitltnore Sc Ohio. . . Denver & ltlo Grande. Erie . do. preferred. . ... Canadian I'aclflc; . . . • Illinois Central Kansas k Texas. . . . do. preferred Louisville A Nashville. , New York Central. . . Norfolk Sc Western. . . Northern Faeiflc. .... Ontario & Western. . . dphtu k Reading. , Hock Island. Southern I’aclflc. . Southern Railway. do. preferred. .... 8t. I'nul Union I'aclflc. . . . , , United States Stool. , do. preferred MINING 8T0CK8. 114, Copper Range 82%, Old _ Shannon 13%. Smelting 64%. Smelting pre ferred 46%, Allouos 39, Arcadian 6%. THE AMERICAN AUDIT COMPANY Home Offiae, 100 Broadway, New York City, F. W. LAFERENTZ, C. P. A., President. C. E. Manwaring, Vice President, Theo. Cocheu, Jr., C. P. A., fee. and Trees. BRANCHES: NEW YORK—Waldorf-Antorla. ATLANTA—Fourth Natl Bank Bid*. BOSTON—Exchange Budding. CHICAGO—Marquette Budding. WASHINGTON—Colorado Building. PHILADELPHIA—Bellerue-Btartford. NEW ORLEANS—Hennen Building. SAN FRANCISCO—Belden Building. LONDON. ENGLAND—4 Kin* Street, Cheapalde. ATLANTA BRANCH 1016.18 Fourth National Bank Building. 0. B. BIDWELL, Resident Manager. Telephone, Mein 872. Cable Address, Admit, N. Y. CHICAGO CAR LOTS. Wheat. < 'orn. . Oats. . I log*. . Today. Tomer. N0RTHWE8T CARS. ears of today, last week and Inst year: Last Last Today. Week. Year. LJ. ANDERSON & CO Bankers and Brokers, COTTOM, STOCKS, GRAIN Correspondent's Capital $250,000 WM. L. M:EI. rmtdeet. ROBERT F. MADDOX, Vies President THOMAS J. I'ERPLEH. Cashier. JAM EH G. LUSTER. Assistant Cashier. JAM. T. WINDSOR. Assistant Cashier. MADDOX-RUCKEF BANKING COMPANY. CAPITAL SURPLUS AND PROFITS $200,000.00 $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. RCrCRCNCC, THE NEAL bank PHONE I4IT. PfMJOCNTIAL BLOC Frank ffawklnt. President. R M. Atkinson. V. P. Thomas-C. Krwtn. AsaL Cashier. »eph A. McCord, CaaMer. R. W. Hyera, Asst. Cashier. Third National Bank Capital . . Surplus . . . . $200,000.00. . . $300,000.00. Dr. A. W. Calltonn. Milton Dnrgnu. John, W v Urant. DIRECTORS: J. n. Nti»D.llT. I rani: JUwkln*. J. iurr»ll P»jn«. II. M. Atkln.nn. p. D. JoMpb A. McCord. UtHil Woodward. Safe Deposit Boxes For rent in our vaults in the basement of ihs Empire tBuildlng for only $5.00 each per annum. Absolute Security and ell Modern Conveniences You should not be without one. We invite you to call and inspect them. Title Guarantee and Trust Co, Arknnsne. Tenn»>«re«», Kentucky nml West Virginia—Fair Monday aud Tuesday. THE METAL MARKET. N«*w York. Nov. 6.—In tin spot ami near ►y delJrrrfr* were up %•-. • • iint'hnngi^l. Lead am! spelter were UulL LOWRY NATIONAL BANK Designated Depository of the United States. CAPITAL $500,000.00 SURPLUS 400,000.00 UNDIVIDED PROFITS 140,000.00 A general banking business transacted. Foreign exchange, Letters of Credit. Corresponds direct with the National Bank of Cuba. 'M98S9PWWW 31 % Compound Interest I* the rate your money will draw if deposited In the SAVINGS DEPARTMENT of CENTRAL BANK AND TRUST CORPORATION CAPITAL $500,000.00. CANDLER BLDG. STRONG, SAFE, CONSERVATIVE You are Invited to cell end Inepect our quarter* ,nd inve.tlgoto our facilJtie, to ,ervo you. A hearty welcome awaits you at thl, bank. ASA G. CANDLER. President. W. II. t'.'.TTERSON, Vice-Pros. A. P. COLES. Ca,h>r. JOHN 8. OWENS. Vle*?re*. WM. D. OWENS. A,,:. Ca.-hl,-