Newspaper Page Text
tc
TILE ATLAN TA GEORGIAN,
111 llilAY, XOVKMIiKII 1". ID"
ENGLISH CABLES
NEWS AND GOSSIP
•“if the Fleecy Staple.
At the Close Prices Showed
a Loss of 15 Points on
Futures.
SPOT WAS 25 LOWER
New York Sympathized, the
Close being Steady 13 to
17 Points Lower.
Private Wire to filbert St Clay.
New Turk, Nov/ lO.—IJrerfH»«d closed U
lower. Was due 6 to 7 lower. On till* basis
we ahoold open 16 to 18 lower.
The spinning trade demand has Jieeu_vsry
from Jl
The market is tieglnhiug to show the ef.
3.168.610
ton •
the New York Financial Chronicle:
■■■■■ Thin I«aat Last
Week Week.
Visible supply 3.626,063 3,314.306 3,057.345
American 2,861.«53 2,565^06 2,294,3*
In sight for week.. 617,845 623.490 483,064
Since Kept. 1 4.091,170
Port receipts....... 414.000
Port stocks 1.044.179
Lx ports 263.234
lutf-rlor receipts... 339,700
Interior stocks 472,067
Inf. shipments 275,84!
Total null takings. 342,100
American mills 262,100
Hou. consnmptlon.. 47,000
Nor. spinners tak's 77,2S#
Edited by
Joseph B. Lively
MARK!
Mr. LIrcJy's twenty-five
years* experience of ed-
Plug markets In Atlanta
snd the South has made
him a recognised au
thority In his specialty.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
THE WEATHER.
LOCAL FORECAST
WEATHER CONDITIONS.
• ufather prerails orer the * uitheni
f tie* country. where no rain has
ilnriiu’ lie* last 21 hours. Jtniii has
i. Washington. northern
NAME OF STOCK.
New York. Nov. 10.—Owing to the break
In cables, the opeulug of the k>c*l cotton
market was better tbau expected. Heavy
bear pressure, however, forced a renewal
of stop-loss telling that aoon weakened the
price to a parity with the market at
Mverpool. January touching 9.4$e. or the
lowest point on the pretent movement.
Apparently I.Irerpdol Is beginning tu l»e-
lleve we have raised nn Immense cro
cotton. The K|H*eiilatire element in that
market, through Its representatives, are
having estimate* fiscal to atilt them, and
their Idea* ns to the price at which we
should sell our crop goes down ns the es
timates oft heir friends go tip. They are
nt present thoroughly satisfied as to the
manner In which current estimates are
crawling up to and even above the bump
er crop of 1904.
Neill llro*.. of I^udou and New Orleans.
j»re easily leaders in crop estimates for the
foreign speculator. II. Y. Nelli, the New
Orleans end of this aggregation. I* well
known to cotton trade lu America, lie at
one tlttio was said to (asm* conservative
estimates of the crop, but this conservatism
did not last long, and later Ills estimates
were all in the Interest of the English
spinner, and he, on one or two occasion*,
lost them some guml money as a result of
(s ing over zealous in their behalf.
lie died a short w hile since, but he could
not leave this world Indore having a say
nt the size of the present crop, mid lie
eahled to Liverpool that Ms "minimum es-
11 mate was ||.m«w and iiillilmuiii 13.5)0.-
On this we should open about 18 d»wu.
Market's only support seems to come
from satisfied shorts covering. Little ac
tivity Is noticeable, and unless I ►cars 1»e-
eoiiie aggressive do not look for much
change from these levels.
The western forecast Indicates partly
cloudy weather for Texas both tonight and
Humbiy, and fair weather throughout the
the
minimum*. lie gives the sixo of the nop
Hal. and after much thought mid weather
nnd frost comparisons with previous sea
sons. he lm« fnly made up Ills mind that
this crop nill aggregate 13.780.000 bales, and
gives the total supply for 11WM907 nt 16,-
lfW.IMO bale*.
The previous l umper crop (1904-1903) foot
ed up 13.365,885 bales.
These figure*. If the people who raise cot
ton could lie iorctsl to Indleve they are cor
rect. migiirs lower prices. It Is apparent,
however, that the people who spin mid sfr ~
ot I oil
they
fleet In the Aniericnn markets In syuipn-
*fhe Liverpool market this Morning eloaed
13 points lower for futures mid 2f» pulnts
lower for Hales were heavy for the
short session, spinners taking 7.0w bales at
the decline; mfddlliig 5.50.
Following Is the range in the active
nAuith* In Liverpool today:
Open, il'.gli. Low.
November ., 5.26 5.2* 6.23
January February 5.21 6.22 B.lj%
.Msrch-April 5.27 6.3 5.&
May-June.. .. 5.32 5.32*4 5.27
The New York market for futures, oil tli
dfeldedly weak Liverpool, opened 8 to I
point* down, recovered a few i»olnts Intel
after which the tradlug was dull, thb etos
being steady, chauges from opening price*
hflug sinsll, though 13 to 17 point* below
the closing figures of Saturday.
The dose today, os compared wltk Hatgw
ilay, November 3. shows tluit prlees li . »
lost 88 to 47 points, today touching the km
est |»oint for the present downward nioyo-
The following table compares closing to-
day with Hatunlay, November 3:
Today.
November 9.39 41
Hecember 8.38-39
, January 8.46-46
February 9.51-to
March 9.66-66
April 9.71-73
Alay 9.76-77
June. 9.83-86
July 9.86-86
Estimated for Monday:
190G.
New Orleans. . . tt.not to I6.U11
(talvestsu 19,0)0 to 84,DM)
Houston 12,004 to 15,000
Movement at Atlmitu:
Keidpt* today
Manic day la«t year
increase
Shipment* ttslay ,
Maine day last year .. .
ULSTER’S WEEKLY
the movement of the cotton crop shows
Increase lu the movement Into sight c«
pared with the seven days ending this date
Inst year. In round number*, 81,000;
crease over the same day year liefore Inst
of 54.000 mid mi Increase over the same
time In 1003 of 40,000.
For the nine days of Novemlier the totals
show mi lucremy over last year of 91,fc«,
mi Incrense oyer the same period yenr be
fore last of 1O.OO0 nml mi increase over the
same time in I9&1 of 53,000.
r the seventy days of the season that
• elapsed the aggregate is ahead of the
lily days of last year 163,000. Ih-IiIihI
same days year before last 402,000 ami
abend of 15by 05.000.
The amount brought Into sight during the
past week lias been 684,169 hale*, against
508,518 fur the seven days ending tills dale
last year, 629,846 venr liefore lust, mid 643.-
tlmc in 1903; mid for the nine day*
uilwr It has been 750,020. against
656.069 last year, 739.748 year before last
and (97,051 same (line lu 191*3.
‘ *»e lilHVetneut since September 1 shows
ipt* at all Fulled Htates port* 3,077.8(9.
agalu*i 2,882.196 Inst rear. 3,313,914 year be
fore last and 2,512.793 same time In lfM3.
liver In nd across the Mississippi. (Milo mid
Potomac rivers to Northern mills mid Can
ada 149.917. against 127.319 last year. 188.351
year liefore last mid 114.1*9 same time in
irscr: interior storks lu excess of those held
ill the dose of the commercial yenr 324.265.
against 412.126 last year, 479.711 year before
last mid 349,919 same time In 19>)3; Hoiitlieru
mill takings 647.000. ngalnst 639,946 Inst year,
49G.4R3 year liefore last .and 427.568 an me
time lu 1903.
Foreign exports for the week have tieen
269.521. against 231.151 last yeilr. making the
total thus far for the seison l,93*.on5.
against 1,750.888 last year, mi increase of
187.117.
Norlhcrn mill tnklugs mid Canada during
ie past seven dnys show 11 decrease of 232.
imparcd with the corresponding period
. Jmeltltg Ref. . .
do. preferred. . . .
Atchlsou. .......
do. preferred. . . *
American Cotton Oil. .
Ain. Car Foundry. . .
Baltimore Sc Ohio. . .
Brooklyn Rapid T. . .
Canadian Pacific. . . .
Chicago A Northw'o. .
Chesapeake St Ohio. .
Colorado Fuel L Iron.
Central Leather. • . .
do. preferred. - . .
Chicago St Great W. .
Chicago, M. St 8t. I\ .
f ndnware St Hudson. .
Distiller's Securities. .
Erie
do. preferred. . . .
General Electric. . . .
Illinois Central
Am. Ice Securities. . .
Louisville Sc Nashville.',
Mexican Central. . . .
Missouri Pacific. . . . .
NAME OF STOCK.
N.Y., 6nt. & Western.
National Lead
Northern Pacific. . . .
New York Central. . .
Norfolk A: Western. .
Pennsylvania. .....
People’s Gsa
Pressed Steel Car. . .
do. preferred. . . .
Pacific Mall
Reading
Republic Steel
Rock Island
do. preferred. . . .
United States Rubber.
do. preferred. . . .
Southern Pacific. . . .
houtbern Railway. . .
do. preferred. . . .
Floss-Sheffleld
Tenn. Coal Jt Irou. . .
Texas A Pacific. ....
Union Pacific. .....
United States Steel. .
do. preferred. . . .
Vi.-Car. Chemical. . .
do. preferred. . . .
Western Union
Wabash. ... 7 .... ,
do. preferred. . . .
Wisconsin Central. . .
do. preferred. . . .
9.86
9.83-84
9.89-90
9.97-99
lu.nfc-h,
10.12 13
10.17 18
10.2123
SPOT COTTON MARKET.
Liverpool, spot cotton fair and «asb*
litbMIlng upland* 5.5<8l: sale* T.OuO; Aim-
lean 5,900; s|H-culutiou and export 5of; r
i-elpts. none.
AtlntiiM. steady at n%«*.
New York, quiet 111 10.1'h-.
New Orleans, quiet nt 9-.e,
Boston. quiet at 1'l.lOc.
Houston, easy at 9%c.
Baltimore, nominal ill Us-.
Memphis q* let
TODAY’S PORT RECEIPTS-
The following table, shows receipts at the
ports today, compared with tbo same day
last year:
New Orleans j
Galveston j
Hstmiuab
charleston j
Wilmington {
Norfolk !
Boston
l'ert Arthur aud Nallne!
l*n:*v
last year, mid their total takings aim_
September 1 have dtH’rpnscd 58.37*. The to
tal taking* of American mill*. North. Houtli
Ine
501.
• Starks nt the aealtonrd mid the twenty-
irllie bailing Southern Interior centers have
Increased during the week 169.462 bale*.
nguliiNt an Incrense during the correspond
ing period Inst season of 117,507. mu! are
non 146,632 smaller than lit this date III
1906. •
NEW YORK.
Tbs following Is tbs rangs Id cotton fn*
turss In N«w York tod«y:
a
I
J3
U
5
l
#
2
c
a
Nor
Doc
Jan
Feb. . 7 . .
March. . . ,
April. . . .
May
June. . . .
July
9.46
0.40
9.46
9.57
9.67
9.72
9.77
9.90
9.85
9.46
9.48
9.53
M7
9.73
9.72
9.N4
9.91
9.92
9.38
9.3S
9.43
9.67
9.63
$.6
IS
9.38
,9.39
9.46
9.57
9.65
9.72
9.77
9.9»
9.86
9.39-41
9.38-39
9.45-46
Mffif
9.65-66
9.71-73
9.76-77
9.83-85
9.86-96
'9.54-55
9.65-66
0^0-fiO
9.68-70
9.78-79
9.83-86
9.89-90
9.96-*r7
9.98-10
('blued steady.
LIVERPOOL.
TLa following table gives the opening
range and rloac, combated with yesterday's
dose:
Futures opened firm.
Opening Previous
Ranee. Close. Close.
.7715.26- 6.23 6.88
,...6.19
..8.20
.. ..6.21
.8.22*4
November..
Nov.-Dec...
Doc.-Jan..
Jan.-Feb....
1! a rch-April..,
. .5.27
. .5.28
.6.32
..5.34
.5.36
8.16*4 5.81*4
6,16 5.31
6.16*4 5.32
6.19*( 6.86
5.27 6.4:
a
!
c
D
X
!
!lj [ ■
l!
Nor. . . . .
Dec. . , , ,
Jnn
Feb
March. . , .
April. . . .
May
June. . . .
July
9.3*
9.44
9.51
‘9.10
9.78
9.83
9.38
9.49
9.58
9.77
9.78
9.92
.\.l
9.36
9.41
9.49
“9.67
9.78
9.S2
9.41 9.41-42
9.49 9.494T
.1... 9.57-60
9.68 9.68-6S
9.78 9.76-78
9.83 9.83-84
9.90-92
1 9.99-01
9.46-48
9.57-58
9.C4-6S
9.70-72
9.M43
9.85-93
9.96-98
10.03-05
10.11-13
Closed barely steady.
ILL THE MARKETS
E IT THE CLOSE
Price Changes Were Narrow, the
Cereals Closing a jnall
Fraction Lower.
Chicago. Nov. 10.—The markets on
the board of trade showed blit little
life, and price chunges were narrow.
There wan considerable bualneaa In the
way of evening up over Bunday. Wheat
cloned l-8c lower. Com was off l-8c.
Oats were up l-8c. Provisions were
easier.
All the markets closed tame.
Primary recelptn of wheat for the
week were 6,276,000 bushels and corn
3,286 bushels, compared with 7.780,000
and 3,499,000 bushels, respectively, a
ell :nsi.:*M. against 1.IHS.3«# last year. These year USO
• C«uh .'alas amall. and induded
A - 30,00« bushelh whi-af, 1 180.000 bushels
corn and 50,000 bushel, oalit at C'hl-
chk<>. The oeaboard reported 5 load,
wheat, 2 load, corn and 30,000 buahela
oat,.
Clearance, for tho day were, f63,000
bUHhel, wheat, 220,000 bu,hel, corn
und 17,000 bunhclfl oat,.
CHICAGO GRAIN MARKET
world’s Visible
SUPPLY STATEMENT
Secretary* Hester’s utntcment of the
orld’s visible supply of cotton. Issued
yenjerday. shows an Increase for the
week Jiiht dosed of 334,923 HM-uinst nn
Increase of 239.093 Inst year and an
Incrense nf 265,691 year before Inst.
The total visible Is 3.615.204 against
3,280,281 Inst week, 4.061,415 last yenr
and 3,421,528 year before Inst. Of this
the total of Aihcrlcun cotton lx 2.860.-
204 against 2,522,281 Inst week. 3,298,-
415 lust year und 2,907,628 year before
lust, nml of all other kinds, including
Kgypt, Brasil. India, etc., 766,0000
against 758,000 last week, 7G3.000 Inst
year iftid 5143,000 yenr before Inst.
Tho total world's visible supply of
cotton as above shows an increase
compared with last year of 446.211 and
an Increase compared with year before
last of 193,676.
of the world’s visible su. >»f cot
ton as above there Is now l-mt and
held in Vreat Britain and Continental
Kuro|M> 1,664,000, against 1,927,000 last
year and 1,643.000 year before last; In
Egypt 146,000 against 113,000 last year
and 130,000 year before last; In India
321.000 against 373,000 last year and
iso,000 year before last: and In the
United Htates 1,484,000 against 1,648,-
ooo last year and 1,469,Out) yenr before
last.
THE LIVERPOOL GRAIN MARKET.
Open.
WHEAT-
Hee 73*4
.May 78
July.... 76*4
COUN—
Dee 42%
May 43%
7«'.4
OATH-
34%
84*4
38*4
33*4
May..7. _
Jlll.V 33% 33 6 ,
1*0 It K-
Jaii.... 14.17*4 14.25 14.12*4
•\Ll.v... 14.39 14.35 14.25
LAUD—
9.27*4 9.30 9.27*4
Dee.
Jnu... 8.50
HIDES—
Jnn.... 7.60
8.50
ii 1 ?
31%
:C%
3:1%
SPINNERS’ TAKINGS
American Cotton
Secretary Hester Rive* the takings of
American cotton of the yorld as fol
lows:
This week 256,000 this year, against
305.000 yast year, and 286,000 year
before last.
Total since September 1, .this year,
2.164.000. ngalnst 2,809,000 last year,
anil 2,lir>9,000 the year before.
Ot this Northern spinners and Can -
nda took 443,000 bales this year, against
502.000 last year, and 517,000 the year
before; Southern spinners 653,000.
against 647,000 lost year, and 601,000
the year before: and foreign spinners
1.168.000, against 1,260,000 last year,
and 1,410.000 the year before.
L. J. ANDERSON ti C0.’3
DAILY COTTON LETTER.
New York. Nov. 10.—Irregularity was
noted In the <*otton market today, nml
scalping Interests appear to ho taking ad
vantage of eonfllctiug crop estimate*. The
week renditions, gftiuer*', statistic? kud
movement were the main Tt*stnres of lu-
fluence. and these should he Mosely regard
ed. The weather Is seasonable, and It Is
apparent that planters are making good non
progress In picking. The glnners* statls-
faiirii lu Oi
Michigan, we
New England
rk aud ou tin 1
.♦ant. Bunion. Forlhmd. Me.,
mid H|ioUmie lojKirt mining
Huron.
. | thl* morning,
j The pressure, ha* decreased throughout
yi the entln* eotnitry east of the Roehy Monn-
! l«hi*. The center of greatest nil* pressure
c.U | In over the Rocky Mountain district*- while
"»|7 ! the lowest I* at Marquette.
vr.LZ 1 Higher temperatures are reported
ojyj? Atlantic coast and along the i-ast *
1*7% R*H»kl(»s. In the Ohio and nun
shtSlppl valleys It I* somewhat emile .
} The i^mditious favor contlnneil fair wentli
coffier in thl* soetlon tonight aud Suiuli
t., 7 T j ho material change In temperature.
en-.p<
n. t 75
'5th lUfiid
91% | Afdlene.
32% l Amarillo.
9454 j Asheville.
Bismarck. . , . .
Bisiton
Buffalo
Charleston. . . .
Charlotte. . . .
Chicago
Cincinnati. ■ • .
Corpus Christ I. ,
Davenport. . . .
NEW ORLEANS.
The following Is the range In cotton fa-
cotton movement
DURING PAST WEEK
Following Is the statement of the
week and season's movement of cot
ton as complied by Superintendent
King, of the New York Cotton Ex
change:
Weekly Movement.
This Yerfr. Last Year.
Port receipts 422,702 364,468
Overland to mills and
Canada 44,467 23,752
Southern mills takings *
(estimated) .59,000 56,00#
Gain of stock at inte
rior towns 53,783 51,868
Brought into sight
for tho week 579,952 496,088
Total Crop Movement.
Port receipts 3,076,333 2,950.483
Overland to mills
und Canada 149,Q18 119,068
Southern mill tak
ings (estimated) .. 491,000 463,000
Stocks at Interior
towns In excess of
September 1 318,108 383,164
Nashville. . .
New OrJeatiS. .
New York. . .
North Platte. .
Omaha
Palestine
Pittsburg. . . .
Portland, Me . .
Portland. Ore. .
Ht. Louis. . . .
H't. Paul
Han Francisco. .
Havnuunh. . . .
H|M»kane
Tamps
Taylor
Thomnsvllle. . .
Vicksburg. . . .
Washington. .
Wilmington. . .
oo
MAKiiruv,
Section Director.
oral and shows plainly that planters ere
satisfied with prevailing prices for spot cot
ton. Tho exports, however, continue quite
lilternl, and the chances are that I he forelgu
element will continue to favor the buying
side, so long as prices continue nt the pres
ent level. The (eudency noted of late
promises to continued uninterrupted during
the next few day*, nr until the next gin-
' report Is Issued.
LIVE STOCK MARKET.
May., .
cash wheat -
nil 2 red 744174V*; No. 3 do 734*74; No.
2 lmrd whiter 7-%^<5; No. 3 do 71*4074.
GIBERT dL CLAY'S
• DAILY MARKET LETTER
Chicago. Nor. 10.—Hogs—Estimated re-
Ipts today 9,000. Mnrket strong to 5c high
er; quality fair; left over 2,752; bulk |0.QGff>
6,40; estimated for Moudny 38,000; light
$6,054)6.45; mixed $6.0506.50; heavy $5,804)
6.45; rough $5.80*I6; pigs 85.40^6.25; ynrkers
$6,354)6.40; good to choice heavy $6,404)6.50.
Cattle—Estimated receipt* 800. Market
steady; quality fair; beeves $3,404*7.25: cow
$1.40(04.35: heifers $2.4066.20; calves $507.75
good prime steers $5.30($7.25; poor to me
ilium |3.90fg6.28; stockcrs uiul feeders $2,604
4.40.
Hlieep— F.stimateil riwelpts 2.600. M.'truer
slow: quality fair; native* $3.154*5.50; west
ern $3.1005.45; yearling* $.1,504)6.49; hnnht
?4.25®7.50; western $4.Sfi7.35.
4,034,459. 3,915,715
ifdny nnd Sunday. *
Arkansas. Tennessee. Kentucky—Fair and
cooler Saturday, and Sunday fair.
NEW YORK COFFEE MARKET.
Following I* the opening range and
close of the New Y’ork coffee market for
Opening
Range.
March
April
Hn.v.
June
July
August
September. .. *
October....’.. ..
November.. ..
December. .,.. .
Closed steady.
. .6.20-6.30
. .6.80-6.40
..*40-6.45
. .6.46-0.50
. .6.55-6.H0
,.6.60-6.70
..6.70-6.75
. .6.73-6.85
. .6.85-6.90
. .6.90-6.96
. ,6,05-6,23
.. .640-6J5
Close.
6.20-6.25
6.30-6.85
6.40-6.45
6.45-6.55
6.55-6.60
r. 60^.70
C.70-8.75
6.76-6.85
C.85-6.9-)
6.90-6.95
6.00 6.06
.<104.15
EARLY DECLINE
LEDJY
\\ eakiiess of That Stock
Affected Entire List I ) tu ..
in^ First Hour.
BECAME STRONG LATE
Fluctuations in General List
Comparatively Narrow.
(Hose Lower.
Xeiv York. Nov. 10— For the second
time this year the New York banks in
clay reported n deficit In their rcerv,.
Tho account shows a loss of $4 set on.
which effaces the surplus remalnla,
last week, and leaves the banks
$1,080,000 behind their legal reiiulr,.
ments. The decrease of *7,400,000 ret,
resented in the loans again shows tha-
Yhe operation of taking up credits fr L
London has. In Its practical bearlnn
been very much misunderstood 1 lh '
other hand. It Is entirely Impossible u
reconcile, with the known mone,
movements of the week, the rtecreu.
of nearly $9,000,000 In cash holdings.
Prices on the exchange held up f a | r ].
well, even after the discouraging bank
figures appeared. On,the Official an-
nouncement from Washington that th.
secretary Intended to do nothing
present to relieve the situation ,h.
selling movement was resumed a n,|
ntthout there being any Important
liquidation, the closing was weak'
Doubtless a more severe 'decline na,
prevented by the feeling that the aver-
age reckoning had made the bank i H «i.
tlon appear more unfavorable than li
really was.
The stock market, after early weak-
ness. In which Rending led the decline
became strong. Early losses u.ro re.'
covered and In some Issues moderate
■gains were scored. At the end ,,r th.
first hour’s trading Reudlng drubbed
from 140 to 144 3-4, on the execution of
several large selling orders, umountlw
In all to about 15,000 shares The
stock was easily taken and scattered
buying forced the price back to !4t,
when there wus u renewed supply that
caused another drop to about the lev-
cat range on earlier movement. Flue-
tuatlons In the rest of the list were
comparatively rtarrow.
Government bonds unchanged. Other
bonds steady.
SEABOARD AIR LINE.
Following were the closing quotations 0!
Seaboard Air blue stocks and bonds:
„ , - Bid. Aiked.
Senlioard Air Line, common..., 24 _r.
<lo, !lr«t preferred so
do, second preferred 51 51
Jo, ten-year 5s ino 1 ,v.
do, three-years 5s 80 16',
_ do, 4s...; 82!n *T,
NEW YORK BANK STATEMENT.
STOCKS REVIEWED
BY NEW YORK SUN
Xi'W Origan*,* Nov. 10.—General llqtibla-
tl'iu ’abroad r***nltliitf from the \v$>nkncss
of tho *iall*Lbnl iM**ltion of rot toil, n*
I udIont(><| by yi>*terilay'* «rtn»k-end supply
nu*t‘d a slurp decline '
tbo
INTERIOR RECEIPTS.
prrvli
u IilVo *aios wrn* 7.000 bob**. bb*:il xvtutbe
ami ImarUli statistlos Iwvo primarily . In*
Ntitiilril tin* pioKrtit diM-iliif. mid nntn*
tally tbvr»* ••ontlmir* to ln» hoard on all
*ldr* »«xpr****|4iiis *»f a Imhih*Iful yield.
While unit Inn-
4* following tablo viu»\v* r*
Interior tmvtu today, rompm
same day last year:
I* ull along similar lino*,
nnd nft$*r a material !«»** in values has oc
curred. it I* but natural that I ho conserva
tive teietjtent pr$N*«*tHl with tu«»re caution,
r«*j«lIzli»*r tluit nt any moment sonic unfavor
able elrrumstsiici* may upset previous cal
culations. Fiidcrlyliu; the fumlainciital In
ttucuec* affecting uutavornblc market prlees
there must also l$e 4*4>u*idcr«*.l th«* abso
lute lack of general speculation. Hie ab
sence of which leateg the wslfnre of the
, market in the baud* of the omnipresent
at tue M-rtipr. and be. toUowlim the line of least
* oiip4iNltUm. finds no difficulty In hrlusing
a Unit ilsslred results. The restricted dr-
•'Ulittloti «*f money throuith exorbitant In-
J. T. HOLLEMAN, President.
F. J. PA NON. Vice-President.
W. L. KEMP. Treasurer.
J. TV. ANDRKWH, Hccretnry.
IS C ALABAMA ST.
New'York Stuck Ex« h*ng
GIBERT & CLAY
STOCKS, BONDS,
COTTON. CRAIN
corree. provisions.
MEMBERS;
ATLANTA. GA
Home time to come, mid util>
•■pinner* become duly impivKsd with xist- J
lint l\el* n* a purenaslui; lm*l* -there I* :
" *e t«» warrant more than temporary Ini- i
rcmeiil*.
iav York. Not. t«‘.-The market refU-t ;
aitridiKitbrn* of an unraokruliie bank i
eiuent today during the early irailing. 1
offerings lljriit. MBMhM
j ot lb * first In
: ill price* had
UNION SAVINGS
BANK
Four Per Cent Inter
est Paid on Deposits
ASSETS $150,000.00
On« dollar starts an account.
Hours: 9 s. m. to 6 p. m. Sat
urday* till 9 o’clock at night.
»i. e. ruuic., i. iiiiiii.r.AiA.i
r|.\ DE BROOKS,J. M. JOHNSON.
New York, Nov. 10.—Tho Sttti sfiys
“There were fewf If any movements yes
terday that did net fefleet the money sit
uation. Isondon houses sold a amull quan
tity of stock on balance In the forepart
of the day, but the news regarding the
forclgit financial oltnatlon. encouraging In
ns much as Its general tendency Indicated
n will)agues* on the part of tbe Bank of
France to release tuouey for the u*o of
English banker* at the approaching Ixm-
ilon financial settlement. This was definite
ly attested by a sharp rise in stegMug ex
change In Paris. Here, the one feature of
tbe market was the further ndv 1
touched l£ per cent a few minutes liefore
the close, although at the very end of tbu
*o«slon money was offered ut 8 |>er eent.
Time money was again lu demand at 5 per
cent for all period* under five ntlntbs, and
there was once tnoro report* of loans of
six mouths money at 6% per cent. The
most strlklug characteristic of the market
was, as every one conceded. Its refusal to
deellne under circumstances that might well
have provoked n sharp fall. The greater
portion of the money lent on rail today
was put out at 9 per ceut. nnd there were
no Indications that time money was likely
to !»)' cheaper for several weeks to come
than It now i*.”-Glbert A (May.
CHICAGO CAR LOTS.
Below Is given receipts today aud esti
mated receipts for tomorrow:
Today. Tonior.
SOUTHERN EXCHANGE
Oldest Established Office South.
CO no*—STOWS—BONDS—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
REFERENCE. THE NEAL BANK
PHONE 1417. PRUDENTIAL BLOC
THE LONDON StOCK MARKET.
•STOCKS
Amalgamated (iopper..'
Anaconda .. ..
Atchison ... .,
do, preferred ,
Baltimore and Ohio
Denver and lUo Uraude
Erie
do, preferred
Canadian Pacific.. .; .. .. .
Illinois Central
Kansas and Tcxks
do, preferred
I.oul*vli)n and Nashville. .
New York Central. . . .'. ..
Norfolk nnd Western.. .. ..
Northern Pacific
Ontario nnd Western
Pennsylvania
Philadelphia and Reading. .
Rock Island.
Kouthern Pacific ,
Southern Railway.. .. .... ,
do. preferred..
Kt. Paul
Union Pacific
United States Steel
do, preferred
Wabash...
do,
Great
m
The weekly patkment of the New York
BatiU Association fbofrs tho ro|Iowin<
chunges:' 4 t
Increase. Decrr&w.
Reserves.. ..... .. $ 5.5KJ*
Ism ns 7,292.7#»
Specie 5.&IM*
Legals 2.982.5*
Deposit* 17/W9.4*
Circulation $1,519,700 -
November.
December.
Jnnunry. .
ay. . .
Closed s
COTTON SEED OIL.
Onsnlng.
THE PRIMARY MOVEMENT.
Ill*t
movement of wheat
Wheat—Receipt* today 897,000 bushel:
week 921,000 bushels, and 1,196,000 bush'
Inst yenr; shipments today 406,000 Imshi-I'
last week 627,<»o bushels, and 593,000 luisbcli
last year.
Receipts today 640,000 busbcL. .«
and 470.000 bushel* In 1
last
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. We invite
you lo call and inspect them.
Title Guarantee and Trust Co.
ATLANTA NATIONAL BANK
ATLANTA, GA. |
C. E. CURRIER, Prevident. A. C. THORNTON, Vlee-Pre»identT1
H. T. INMAN, Vlce-Pre«ident. GEO. R. DONOVAN, Cashier. I
JAMES S. FLOYD, A»s't Cachler.
Capital $500,000.00
Surplus and Undivided Profits $500,000.00
We Solicit Your Patronage.
It..,i.l TraJe.
York Cotton Exchange New OtbMUs Ht.M-k Etchangt*. t.Iw
Kew Y«rk Coffee Exchnugc. ‘ X**w Orlretm Hosnl of Trade. iL-iiio»t«iu tvtren i;i
PRIVATE WIRES To AI.I. EXCIIAXOKS
Leeat and Long Distanet Tolophono 5298.. C. E. KEPLINGER, Mcu-er.
lily nmderate <>«in<-f'*sirtns
n perttmL t^indon was
t. and money r*i»*s In New York
■ 4im*o of th«* ttortkin-Kj.: The Imuk
ut t«Miay read* tuumtlsfaeiory. and
lif next wi-i'k with a «l»*tkd( lu ()»*•
»* in ex«*H *»f umler
niulrmout*. Tin* market, however.
trading tinlay npt»cttre«l to
i r»-lliN-t no »jipretu-n*i-»u
! While (In* situation *ts<
not warrant the
ALONZO HiCHASitDSON & CO.,
PUBLIC ACCOUNTANTS
AND AUDITORS
Empire Building. Bell Phone, Main 858.
ATLANTA. GEORGIA.
New York. Nor. It).—|lnw-Joue*' mini-
nary: 8ern*»ary Hhaw arrived in Washlug-
on.’ but made no aiiuounoetitent on n**lst-
:no»* lo the money umrket.
tHeei t$»r Roberts nf the mint, MUote$l nt
o»vor, think* bar silver will
iietter within the next two s
of the
, , . , .
gain Iti cn*h innu the luu-rlor week aft
3£ % Compound Interest
ft the rate your mon:y will diaw If deposited In the SAVINGS
DEPARTMENT of
CENTRAL BANK AND TRUST CORPORATION
CAPITAL S500.000.00. CANDLER BLDG.
STRONG, SAFE, CONSERVATIVE
Vou are Invited to call and Inspect our auartera and investigata
our facilities to aerve you. A hearty walcome await*' you at thi>
bank.'
ASA G. CANDLER. President.
W. I.-. ' ATTERSON, Vice-Prea. A. P. COLES. Caihler.
JOHN 8. OWENS. Vice «re«. WM. D. OWENS. Aaat. Cashlar.
HUBBARD BROS & CO., Sis
Atlanta Office,. 219-221 Century Building.
Members N’ew York Cotton Exchanffe, New Or
leans Cotton Gixchange, Liverpool Cotton Asso
ciation, Chicago Board of Trade, New York Cof
fee Exchange. New York Produce Exchange.
Business solicited for the aboveexchanges.
Direct wire aervitc. Correspondence invited.
Phones 454, Long Distance 39. A.S. Hustace. Mur.
'amm
mm.
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