Newspaper Page Text
It)
THE ATLANTA GEORGIAN.
COTTON OPENED
AT LOWER PRICES
MOWS AND lUt&U'
Of ikl Kie«cy Staple.
Sold Down 8 to 11 Points
During'the Morning
i / Trading. - ■;
Wire to Gfb**rt * Clsy.
•’New York. Nov. 13.—Liverpool nr 12:70
p. in., 9&S% tip.: Wits due VMj* higher. Ou
fill* lra*l*. wi* should open I ft 2 higher.
Llverrsud «ti 1»I****: "Market opened strung
on buying hr short*. but general demand
very limited."
Mitchell offering January nr 9.04<\
. Jouriml of Commerce: ••On tin* surface*
Min market op«*«»etl quiet for the week, I»«it
at every attempt on thp port of buyers, to
oiwrnto. *frength a|lpenr**d even to tin*
|ioiut of suggesting -advance*. Tin* day’*
mull* ‘brought 1u litany check*. andr «1«*■
uplto tin* high money market, It was stated
that *
IMtytiK'
_____ HP* I
i generally on* culled ff**od."
. rnrn I Now York r’l.iiMm-rrlnl: Liverpool will
:V I fjm v I po«ni l.UHQ.trifl'brtlo* of American #*ot-
prompt-, ami crrallt*
was: . ST11ON0 L
l k
Ul
and
Shorts Were Nervous
Covered and Good Buying
Orders Appeared.
NVw York, Nov. 13,-tn view of the fact
that the Liverpool cable* were better than
extract* d. the s-tnrt of the local retton mar
ket wai UlwippolDtlua. .* The erowil here
t,» l-r confused, and after the start
ertoue wn« uervoua. with <|Uotatlot)t
Irregnhir.
aeemei
IdverjHHd thin morning was slightly better
than due on New York, while on New Or
leans the iVutnui*** fell short of expects-
tions. First tpiotnliona from tie* English
rket were *^t8% tip: I wing due
New York and H points ou New Orleana.
At 2 p. m.. price* *houed little change
front the opening. hut Immediately after-
nrd n decline sd In whleli continued up
... the clone, which waa quiet at only
point al*ove the closing figure* of Monday.
Following i* the range In the active
months In Liverpool today:
Opeo. *4llftL Low.
November 5.40 5.»
Jauunry-Kcliruary.. ..».S3 5..w 5.23
March April.. .. .. ■ • -.5.40 ;»•$% ^*2!
May-Jum* 5.44 6.45 5.33
The spot market waa. firm at 13 points
advnm-c. making middling 5.64d; aalea 8,000
bales. ^ 4 1
On the early *fa%ncq; 4Cew York was
dne to open 1442 print ts higher, but as Liv
erpool began Its decline before the New
York opening, the Iwtter feeling In Hint
renter was Ignored and first prices posted
allowed declines of 205 point*. except In
Novmatier. which was 2 (Niiuts higher, the
»trcugth nml good deninml for the actual
atuff holding the spot option steady.
There are at present two Influence* mak
ing for depression In cotton prices—the
heavy movement and entire absence of spec
ulation, the market being controlled to a
In hand: it now has 9tt),Q*i in ste
float usd nwniilinr eleoniM«*e. • ».
There are 75.UOO more bales of Atnerie
cotton afloat for tireat Britain than tin
was at this time Inst year.
The market continue* to wonder wli
cotton is going to start Ibis way. The
fact that there Is tin uncertainty ns to
win tlier there is going to Ira n revision or
Hot Is probably keeping cotton away from
Edited bv
Joseph B. Lively
MARKETS
Lively
enty-flv
■ of ed
iting markets In Atlanta
ami the South In* made
lilm a recognized au
thority In his specialty.
NOTES ON* CHAIN
Pointers on Provisions.
to Albert & Clay. •
•v. 11 -Think It very danger
ihort November lard. It la
red. but what the parties
RANGE OF NEW
_ If-is impossible-to tell,*
i but do uot iM-iieve Jbe prospect* .of profits
YORK- STOCKS AND COTTON MARKETS
NAMK OF 8T0CK.
i
York.
Itsli cloth Dillls are talking shoot clog-
week. because the spinners are
Engl
Ing n. ..
behind In the filling of orders for yarn.
A render of Tin* Manchester Gunn I inn
sends to that paper the following continual*
cation:
“Among the multitude of cotton prophets,
It will Is* admitted. 1 think, that Messrs.
Neill Bros, are entitled to respect, but were
Hot even they out of their reckoning only
years ngo to the extent of uearly 1,000.-
000 bales, and It is not worth while to exam
Ins carefully their most recent forecast*.
Accuracy In an estimate depends on the
acreage planted and the estimated yield |w*r
acre, and the question Is, are they Justl-
*- * 31,000#“' * “
lbs I la taking
BHPHV . - the former and .45
as the latter? Was tlitre not a consensus
of opinion (vide their own circular of dune
last) that the acreage planted waa 83.000,-
- - k | < , r * ' -.* •
(no. and Is not .4% bales per nerh practically
a record yield? Was not .41 the highest
yield per acre In the five year* between
the big crop /ears, with atr average for tha
five years of ,3D?
"In writing of tie* last crop In August,
last year, Messrs. Neill refected the Ini
's corrected estimate of 26.9»,000 ns the
Age planted and took ‘28,000,000 as the
working hypothesis, arguing that an aver-
age yield of .40 hales per acre would give
over 11,600,000 hales, while a had yield of
.36 would give 9,750,0(10. The soundness of
their conclusions I* seen In the actual
figures, hut assuming they nr** now right ...
taking 31,000.000 as the acreage planted, why
do they take .45 bales a* the yield tier
acre thl* year and .to. last? Apply the lat
ter t«* their own estimate of the acreage
nml HUGO,000 become* 14,400,000—a piost se
rious difference fn View' of the present
consumption."
New Orleans, Nov.
up Is not n fall
vsnee. Was due about .. fi
Liverpool cables: "I’ontlnent bought;
otherwise, little doing."
A thunk* Coast I idc.
Aulcricn-. Sugar Uef.
Ausctwda -
Aincricau ls>corootlT«.
do. preferred. ...
Am. Smelting Kef. . .
do. prefcnratl. . . .
Atchison
do. preferred. , . .
American Cotton Oik •
Am. Car Foundry. . .
B altimore A Ohio. . .
rooklyu lUphl T. . •
Canadian I'adflc. . . .
Chicago A NorthWo. .
Cbesap<*ake A Ohio. .
Colorado Fuel A Iron.
Central Leather ...
do. preferred. . . .
Chicago A (Srent W. .
Chicago, 31. A Ht. I*. .
Delaware A Hudson. .
Distiller's Securities. .
Erie.
■ * ^
J32HI »» IMWl f£l
■ | aBH
I TV*
....
PS illS
117*4 1161k
11% j5«4*t|
do.
Ceneral Electric.
Illinois Central. . .
Am. Ice Securities. ,
Ix>t44*YllIc A Nashville.
MetImtt Central.
Misrourl Pacific.
Total stm*k tuTles today 706.9CI0 shares."
NAME OF STOCK.
N. Y.. Out. A Western
National la*ud. . . .
Northern Pacific. . . .
New York Central. .
Norfolk A Western. ,
Pennsylvania
People's Gas.
” I w
= LrO o
“irr __ _..,
<4^1 74i*:
.! 2i?jt,{ 22)', :n i
.| 126% | !2Tt»l 126*4
light rind difficult to execute onlcrs.
= j you desire to remain short lard, would
advise a change to May.
Chicago ‘Ueqord Herald: "Aggressive
iort netting, mixed with a modteum of
ecemlrcr lI«|itl*Litfoi> ami a surfeit of dull
■ade and ilstlessuess on the part of wheat
‘ ‘ * Kporters. made • —•
Pressed steel Cur...
do. preferred. . .
Pacific Mol!. . . . . .
ID inline. '. ,
Hepuhilc Steel. . . .
127H 13W 137% H|% 13 v'
"• 2112:13 “
da preferred. . ,
Sloss-Sbeffleld. . . .
Tan It. Coal a Iron. .
Texas A Pnciflc. . . .
Union Pacific. . . ..
United States Steel,
da preferred,
Western Union. .
Wabash
do. preferred.
NEW YORK
st *n Ay
LIVERPOOL.
Tht- following t»l>ln 2SSSS6
range nnd close, compared with yesterday
"'puwre. oPe»«' anji
■m
. .5.87
. .5.4“
Novemlier.
Nov.-Dee.
Jtec.-Jan,..
Jan.-Feh...
Feb*. March.
March-April.
Aprll-May.
April-May. .
May-June.. .
Jnne-July,. .. ..
July August. ..
Closed quiet.
. ..5.
.87 -5.23^
6.3DH
6.24
5.23
5.23%
5.26
5.28%
.5.44 -5.41
.5.47 -6.44
..5.49 -6.45%
5.31%
3.31
6.19b
... hard
k for wheat. Values not only lost nt'
the advance that had Imh*u gained the
preceding w**ek, but. In December and May.
mat besides. Decemlter showed ns much
t'Mideney to run ahead of May ou the «Iown
aide Inst week ns ft , had to precede It
In the other direction the week before
Nevertheless, there was nothing like the
general liquidation of December wheat that
‘ I been anticipated. Till*.
In the
I come Inter
month.
however, may
"Lock.of interest on the part of foreign
and domestic buyers of cash wheat was as
prominent as was the continued . falling
short of receipt* everywhere, ami the grow
Ing ncctimnlntion of evidence that the crop
TONE MUCH BETTER
IN SIOCK MARKET
Strength Was [Shown All
Through the First Hour
of Session.
OPENED FRACTION'S i p
ntlty nil.. „—J —
generally conceded thpt losses - In . central
** | " KOOtb'Vti&OHI
and-southern Mtuiuvotn anti
have been severe from wet weather since,
harvest, and that it great deal of wheat
weather IglMMH
"Official goveinmeitt figures Issued Satur
day* show that the corn crop waa-173,006,005
bumper crop, which was In turn _
bushels larger than the, previous, record-
breaker >of •2,6231000,000' husuels In 1902. In
othdr words, there has been nu lucrea*e of
turnrhr 30 r>er cent* h» the corn productloii
In litc last four years, tint of tin* 2,881,-
surplus states
it go, and lh!s nurplus will
distribution by local and|
to the ls*ar side,
ou the other band, it hull pool with ant
pie fuimIs aril* command, ami n concerted
holding movement by the planter, nml he Is
prices to i
JMHHPMi „ off. receipts today
tttdng 82.949. against 98.000 last week and 86.-
259 last year which togotlier with the much
«older weather caused conMdernhl** nervous-
m**s niiioiig the shorts this uiornlug. After
a dcHim 1 of 84fil |K»lnf* from first prices.
th<> short* started to eoverlug. ami with
wane s«hm| buying price* were mailed rap
idly npwarit. In the last hour selling sharp
ly alsive tin* nrerloqa done*
A private wire from New Orleans
“Extremely large short Interest lit this
, market, which, however. Is qul< k to run,
nml. while statistic* iHittish. spinners show
more disposition to buy, und the feeling Is
growing more favorable. Declines lienee-
mrlli prill have t** deal with greater
slstiiuce. «ml hence Iwlieve market will
work gmdually higher."
United states
Cominrutlxe
‘IP 1 *
. 13.310
280.735
199.359
Increns.*... . 31,376
Total recelpta slave Mvptetuher 1... .3.301,504
Hame time last year ;S,«H7,048
Increase.. ..
Estimated foi
New Orleans l^.O^t *« 20.«»«
Galveston 19.0»W to U3.1WI
. lloUStmi lt»,tlUU to IMAMU
1905.
1S.543
17.659
Movement at Atlanta:
Kecalpt* 'today.. ., ..
Marne day last year.......
Decrease., 1 .. ..
Shipments today,
flame day last ye
Increase 1,094
At the dose, the market waa steady, net
r.tjis |M>iut* higher, the latter for Novem
lier.
SPOT COTTON MARKET.
i Liverpool.'spot cotton firm: middling up
land* 5.64*1; sale*, 8,000; * American 7,200;
speculalb*n owl export 500; receipts 42,000;
American 34,000.
New York, quiet iftt 10.40c; sales 300; con
sumption: delivered on, contract 300.
New Orleans, easier at 9V: sales 4,800;
delivered on coiitrs* t l£W.
Augusta, firm at ire.
Ht. IsMiis. sternly 'at 10**.
Hnvanuah. steady at 9 9-16*-.
Houston, steady at 9 13-10**.
IhMtou. quiet at 10.30**.
Galveattm, steady nt 9 13-16**.
Baltimore, uoniiunl nt ire.
Norbdk, st<
inly at 9%**.
may at 10c.
INTERIOR RECEIPTS
Tin* following table allows receipts at tlie
Interior towns today, compared with ths
same day last year:
New Orhttu*..
Galveston.. ..
Mobile
Savannah.. ..
(iiurb>st«iu.. ..
Wilmington. .
2154!
29)446
3638
11843
Norfolk
!lo«t<iii
Philadelphia !
Port Arthur and
* Ha him* Pass
Jncksotivllle.. .. .. ..I
Pensacola.. ,. .. .}
Totals.. ..
t the moment. . ..... . . ..
prominent bulls are lending good support.
Today** map is generally clear, but very
cold, killing snd heavy frost Injlng report
ed at many miliits In the Houtlicrn belt.
The feeling Is more fiivornlil** to further
linproveoietits, nml If th** market displays
any strength t<slny, further covering will
probably ensue.
New Orleana, Nov. 13.—option* In
Liverpool cloned 1 point higher than
on the prevloun day, after a quiet and
rather uninteresting nennlon, distin
guished only by some fairly good buy
ing by continental Interest*. Hpot quo
tation* were considerably stronger at
13 point* advance, while *a!e* amount,
ed to some 8,000 bale*. Kxtreine •re
sults, no matter the manner In*which
they accrue, arc freuuemiy the point
at which reverse condition* have their
beginning. To many Intimately con
nected with-the cotton'trade such a
belief carries deep-rooted conviction,
und they view the present advance
rather In the light of.n reactionary
move**- i than ns a direct result of u
press I Mimml for actual cotton. The
reckltf -riling of contract* that has
previously resulted go profitably, espe
cially when Improvement* occur, has
almost become a habit, und lhe-*iicru-
ltttive Interest tentatively resist any
change of policy until they In-come un
mistakably ‘Impressed*with newer do
veloptnents. Nevertheless, with every
advance primarily Instituted by llberul
covering of shorts, the technical posi
tion of .the irmrket becomes Jlist so
much tveukene\ and not until the tar
mor eunlformly favorable to higher
levels will price changes assume a defi
nite upward tendency, with reaction re
versed und only .tefporarlly lower.
STOCKS REVIEWED
BY NEW YORK SUN
WEATHER FORECAST.
Georgia—Fair Tuesday and Wedueislay;
wanner lYedttesday In northwest ikvh*»ii,
l.oalsintin, Mississippi, Alabnnm sod Weit
Florida—Fair Tm***isy: \\ edticwiuy fair
warmer.
I*!a*t Texas—Fair Tuestlny; Wednesduy
fair and warmer.
Tennessee* ami Kentu<*ky—Fair Tueadsjf;
warmer In extreme west portion; Wednes
day fair nml warmer.
FINANCIAL NOTES,
Financial Bureau: Among the stork* that
exhibit temporary reduction *»f *up|Mirt lim
its ami are sold by profeslotial* on rallies
n**w nr«* Union Pacific, Pennsylvania, Uolo-
n|H*dke ami
only on ... ... ,
Ht. Paul. Southern Pacific. Uamtdtnn Fu
el fie. Louisville and Nafllivnl** ntn*l Hteel pre
s**rved. at the low limits of M«>udny. the
Integrity ef the Niipport thus far extended.
Whether *»r not It Is a permanent check
to tie
itaitluairi' and Ohio should in* Isiught ou
ATLANTA MARKETS.
FRUITS AND PRODUCE.
EG<Hf—tmmllml, active, 25c.
LIVE POU LTUY-ll tits, active. 37%c
each; chicken*, plcntlfnl, 16tj27%c each;
duck*. Pekin. 25c each; pmlfile, 254f30e
each; g**e«v full, f-nthcretl, 65c each; ttl^
key*, active, 16** pound,
DKKNNED POULTKY-Gcose, undrawn,
tlve, lW2%c |H»nn*l; turkey*, undrawn.
etlve
live
,2*- Oil* 41, IlllVIlilnlli
i* |Hiuml: fries, active, 14c pound.
PKODITE— Istrd, ire ib.; ham* active, 14c,
shoulders active, ire lh.; shies active.*
WHEAT OFFERINGS
WERE LESS URGENT
PLANTERS SHOWING
DISPOSITION TO HOLD
Opened Steady at a Fraction
Advance—Closed Over
a Cent Up. ■
Chicago, Nov. 13.—Wheat shot up
ward like a balloon on attempts ot
Hhorts to cotter December wheat. This
was at Minneapolis, w^ierc* the gain was
2 3-8. The local wheat market sytnya-
thized and advanced 1 1-8IM 1-2 here.
It Is believed that, there is o shortage
of many millions of bushels of Decem
ber wheat nt Minneapolis, and there
will be considerable difficulty In even.-
lng up contract*. Corn closed at an
advance of 1 l-84r 1 *l-2c. Out* gained
l-4fr3-8c. Pork was 7 1-2W15C higher;
rib* 54i7 l-2c up.
The seaboard cash grain trade wo*
abnormally Nnmll and Included 6 boat
load* of wheat, 11 of corn and 30,000
bushels of oats.
Transaction* In cash grain here were
confined to 80,000 bushels wheat. 60,000
bushels corn an<l tOO,O0i|jibu*helg oat*.
Primary receipts 1,231,000 bushels of
wheat und 629,000 bushels cqyi,, com- 1
pared with 1,430,000 and '771,000 bush
els, respectively, a year ago. *
f 'Jearnnre* from the seaboard 274,000
buMhels wheat, 130,000 bushel* corn and
16,000 bushels oats.
NVw* T» r| i. Nov. -13.—The Sun My.:
■ no iimrnnunl iiinvomont mot a frliock,
not onljr in unoiiwotodly nirongor voblo
•aricM from UrsipM, i.nt nine In Bourn
muleurlc „f tin, rnvlptn to dwreaM. Imth
iMunniK. Of inlilor nc.ither. wlilch l> opt
to •Boot til,, movement, nml Ini-nnv. of n
somewhat ni*»ri* MIR-ore iihmsI on the part
«f the planter, who I- evldeutly more dig-
j IKtsed to hold'hack his cotton, ns he did
two year* ago. Then he Imnglmil that
l» the big speeulfttlve market*
were wiling hi* e.»ttmi for him without go-
!''*• j** 11 the ftirmnlilv «»f eolisultlug him
m... , atmuhl make f*.r
lilm. At that time, he rcfn**s| to eouetir lit
5? l ;»P r i 1 n,H i ,,, ‘ nr '* w< *w* finally lodueed
of went* to cover at prices
<|Ulte the reverse of profltAhle. Tester-
CHICAGO GRAIN MARKET.
New York, N‘»v. 13.—-The Hun says: "In
Addition to the strlttgetiey of the lilouey sit-
. less degree for it line tt lenient In stock
market ufTtilr*. Wall street was forced to
juke notice today of the demands now mak
ger pay on the part of
uoyees or lending rnllwnv synttnn*. t_»r-
uiuKtanc* * of this *ort, ft niu*t be wild,
v«»uhl not have l*een of themnelves con
sidered, under ordinary conditions, ns |m».
teat Influences *»f adverse Iteariug in the
mnrket. slnee It ap|N*urs to In* the provitll-
Ing l»«*llt*f that. In view of Increai
rreeutiy volttutnrllv grunted hy so tunny
large railway nml Industrial cor|n»riitloiik to
the men In their employ, something like n
general movement of this kind I* tinder
way. The sole force operating ngittUKl the
stoek market was the eontlmnil ntrength of
rates for the use of money. Tue active
than they closed oil Haturthiy, the fall b
Ing Induced by lower iiuotattonn front l*m-
* ami the moral certainty flint before
day waa over *omethlng of it money
sque
10c iNitinil; Imttcr active. 154f22%e jtound;
hee*wnx, active. 2f*: »h»uii*1: honey, bright,
active, Ne pouml; honey, in l-pnnn«l blocks.
" _ i*. 12c iHMitul; chestuuts active^ 61.00
•II dried apples, 6e isoimi; whltc’peaa
i% $2.40 bushel; lady peas, $3.00; stock,
active
bit she
active
GAME-Qimll. netlvr, 15e each 1 ; doves, ac
tive 5e eae||{ ducks, ntnllnrd, active, 4lc;
nach; ducks mixed, active, 20t$20e each;
Wild turkeys, active, 16c pound; rabbits, ac
tlve, 12%c each; squirrels, active, ire each;
np*»ssuni. dressed, active, 12%C pouud; opos*
FBUITH— ls*nioas, fancy Mesaena, $5,004#
5.50. Baimmts. per bunch, culls, active,
$1,004(1.25; straights, $1.5tKf2.00. Pineapples,
Florida stoek, per crate, $2,504(3.00. Ora
Florida stock, owing to sire nml condl
ages,
lltlon
3.00.
ttQSv
LI.75^4.00.
. New York state apples, winter vnrle-
i. choice p**r barrel, $3.00fi3.50; fancy,
'*f#4.00. Gratn-s. New York atate. In 5-lb.
keta. Concords, 20022%c; Niagnrns, 22%#
.. . Catnwbns. 20#22%e. Cranberries, fancy
dark Cape Cods, per barrel.• 310.00811.09;
Jerseys* x9.00#10.00. Grape fruit, Florida
strek, owing to size nml color, per l*ox, $2.00
MMitlinent wraa also hiereiise*! by the puldl
it I hilt of dlkputche* fi* no WuNhliigtoii *le-
Isrtiig that the secretary *»f the treusury
tin* uffiriiied In the str*iuge*t manner hi*
vkoet*ni.**—b-**,.
pound. 12%Ul4c. The aew-crop nuts In bulk
n**t y«t In the market f*ir this sesaou. Will
quote liter. Gocoanuta. heavy rultuns, per
stick of Itt), active nt $4,004(4.50. Peanuts lu
sicks averaging 100 iMtunds each, owing to
grade, per pound, 4%4#tiC* Limes, 40c l»er
THE METAL MARKET.
New York, Nov. IS.—Tin was easier
in tone for spot und nearby deliveries.
mud green. $2.50 crab .
Iry, active. 73c bushel; Irish pots-
N«». 1. s»k* bushel; celery. Sir*
Dec
May
July.... 7i
rOHN-
July
oATIJ-
Ilee
May
POKK-r
Jnn.... 14.15 14.22*
May... 14.17% 14.35
LARD—
Open.
Illgh.
I.OW
Close.
Close.
7T>.
74%
&
1?:
W.4
t 74
m
i7»*
i
*t T ,
IT.
**s.
as
12%
43%
44%
42
at
.•um
nr.',
5l>i
34%
35%
33%
34',
a'l
34%
at
ls*tler sp*»t •leiiiiiiul nt
•*“,*« MT«*rp*n»P* spot sales show-
e»l a tiotleeable Incfease, while there can be
no doubt wtiat-ror that th.- trail.! in pot
ion itond. tin. world . "— -
Is excellent. Ho
bushels arc In the seven
surrounding Uhl cage, and t!
he calling for distribution
immediately competing merchant*. These
stub** have ruined 44.000,000 htishel* more
the most serious of the
jaitMffiHMffiHflffiffinMffii
shortages Ju the bay find osts i rons. It is
nr.fortunate that the report trade Is ns
light ns It Is. In Bounuttila ulone the crop
ihl* year Is ulwut 56,000.000 bushels greater
than lust •year, thus giving n surplus to
compete with auy mnrket that American
exporters might have had. other southern
_ ore approximately troi
would seem to be up to tlio farmer to either
market more of bis corn crop on the hoof
or hold It over to h less favorable year.”
THE WEATHER.
LOCAL FORECAST.
FOR ATLANTA AXI> VltTNITY—Flllr
and somewhat warmer tonight aud Wetl
and somewhat warmer tonight ami
tiesdnr: heavy frost again tonight.
WEAtHER CONDITIONS.
The urea of high pressure Is central tills
morning Imt wren Memphis amt Vicks
burg, haring moved southeast, since Molt-
Usually Active Issues lu.
creasing Early Gains to
Over Point arid Half.
New V/iik. Nov. 13.—The main
^deration In today’s market was
belief vyhleh persisted. In spite **f Ve J
cent declafatfons to the contrary, u w j
rojleC to the money stringency through
the help of tho ‘ treasury vvus close H
hand. * Soon after the opening of hull
ness It- became krtovVn that the sc«-r3
tary of the tileaaury was in tow n
that he came for the purpose of inv*J
tlgatlng and consulting about the n***.
of the money situation and from thh
circumstance not unnaturatlv the mo>t
favorable Inference was drawn. Bi,v-
Ing back of stocks began In the carN
London market and xvns continued J
the opening here. First prices shown]
fractional advances over last night but
the upward movement made steady I
progress during the rest of the fore,
noon- It extended to all parts *.f th*
list, but the heaviest trading centered
upon the low prices southwestern rail-
road shares, Rock Island and the Kan
sas'and Texas Issues coming In fm an
unusual amount of attention. Absorp.
tlon of these stocks appeared to have
reference to the excellent earnings *,f
the Southwestern properties, “but there
was also the usual discussion about
new capltul enlisting in the road*.
SEABOARD AIR LINE.
_ .._ Jg vi ...
Seaboard Air Line stocks aad 1*00*19.
Bid. As?*, i.
day morning.
general decre .flffilffi
enstern half of the limp—most marked In
sontli ns Th*»mn*vllle. Gn., and soittliern
Aluhaiua. An extensive nren «»f lower pres
sure extends tilung the It<N*ky Mountain*.
~ nd low Is centered northeast
•f New England.
Clear weather cover* the southern half
f the Unite*! Htate*, while over th**-north-
rn tier <»f state* eloitdlm**^ prevail*, with
snow (ailing nt Buffnlo, Oswego, Pittsburg
nml Huron. H. Dak.
The eastward drift of the high Yollowed
by tho low udll cause fair ami somewhat
warmer weather In tills section tonight and
Wednesday. Heavy frost again tonight.
_.Mirs under the serious ills-
sdvaiitagu'of still isdug prnetlcally Ignored
hy the oiitHlde piildje. Yet the market had
the appearanee of being **mievvhat over
sold, and a rally seined to |*. due. Irre
spective of the urguiiieiits pro and i*oii a*
regard* the ultimate emir*** of prices. El-
IlMon s figure* show an increasing coitsunip- Aldietie.*,
tlon. Many helleve that the world’s eon- Amarillo
sumption will absorb most If uot all of
this *esson s crop."
Minimum and Maximum Temperaturat,
5th inerld-
Atlanta.
New Orleans. Nov. 13.-Tbe Times Demo
crat says: "Htistnlncd tension In the ue-
tunl cotton market turned the drift of
thing* cottoiiwlse, ami *a suhstautiul rreov-
ery was brought iilsjiit by the demand
f**r efivers from shorts, who*** faith In
bearish promises had liegim to waver.
Menuwhlle. hnlls Imgan to l*N>k ulmnt. them
nml found some umnistaluibln signs of
active confidence. Galveston hnyers were
•n New Orleans «*u u iinest f«»r ne*led sti|»-.
p»**s iff g*H«I nittvn. The Texas niovctncut
from the Interior was declining, while tho
Key West..
Knox villa.
Lmder . .. ,
ls*s Angeles
Nov..
Dec... 8,61
Jau.... 8.31
HIDES—
9.36
•HRl
8.571s
8.57%
Juu.... 7.52% 7.62% 7.52% 7.60 7.K
May... 7.62% 7.75 7.62% 7.72% 7.61
t^AHU WHEAT—
No. 2 r**d 744*74%: No. 3 do 72%ft73%: N
2 hard winter 72%«74%; No. 3 ilo 726*3%.
THE PRIMARY MOVEMENT.
The following figures give the primary
movement of wheat and corn:
Wheat—Iteeelnts today I.233.0M bushels,
__ eclp._ , ... .
Against L420,00u bushels Inst year. HbU»-
.jents t«*luy 710,000 husliels, uguhist 670.
husitels last year.
('orn-Beet'ipts today 628,000 bushels,
K. . . || - - 8J»,p.
268,000
CHICAGO CAR LOTS.
Below Is glvea receipts today and estl-
dt .l, $2.004(3.(»0 crate; peppers nrtive $1.75 j
t*>: *»kra, six basket*, small. $2.25 crate; mute< l receipts foe tomorrow.
tone for sjhii unu nearby deliveries, j , n „iin m .**r. active. ^lOc pound; lettuce.
Nipper, lead und spelter unchanged, hcided. $2.5) drum; sweet iKitatoes, yellow.•* .V L,,lt
" I dull, ire bushel; swret tiotntoes. v hlte. I * *
Today. Tomer.
TODAY’S PORT RECEIPTS.
The following table shows recelpta nt the!
, -lull.’ SV bushel; ’ kraut, half-barrel. $X73, : \ U a! *
I rutabaga turnips. l%c. ‘ ll, “ T-
Hogs
Houston.. ..
Augusta
Memphis.. ..
' lower
GIBERT & CLAY
IS e ALABAMA ST.
ATLANTA. CA
STOCKS. BONDS.
COTTON. CRAIN.
COFFEE. PROVISIONS
MEMBERS:
! New Or/eans Cotton Exchange^
New Orleans Ktnck Exchange. ! . ........
Rtige. i New Orleans Board «if Trade. Galveston C’ettou Ex.
PRIVATE WIRES To ALL EXCHANGES.
Lfical and Long Distance Telsphona $298. C. E. KF.FLINGER, Manager.
FLOUR. GRAIN, PROVI8ION8.
FLO -’ll—Highest patent. $5.60; l*est pat
ent $4.*': standard patent. 94.25: half pat
ent. 17 21: spring wheat patent. S3.
- OltX-Uholee re*l roh, **■: So. 2 whit*,
CV; No. 2 yellow. ‘‘Se; mlxisl. 67**.
*)ATH— Choice white ellppe*J. We; N"*\ 2
vhite. %7**: No. .' mixed. 4,e; Texas rust-
,ir*i*»f. r.;.\
MEAI^-I’lain water-ground, per linshet.
b*»|t***l. 14 mmhiiiiI jutes. |H*r bushel 60c;
Short*, white. $1.50: medium. $1.40; brown.
21.35: pure bran. $1.25; mixed brand. $1.15.
UA1 —Timothy, choice l*rgt> l»nle*, $1.20; s ... „
mice small bale*. *!.»; U*».. \«i. 1 MliuuOtpoll*..
over mixed, $l.!u; do.. No. 2 clover mixed. Unlit.It
13. •‘lud.v ermnda. si*-.
IIYF— Georgia. $1.05; Tennessee, 90c. Biir *
THE LIVERPOOL GRAIN MARKET.
lower: nt 1:30 p. tu., :
Wheat—Opened
lower; closed nueliniiged t*i % higher.
—Opened % lower; at 1:39 p. u
closed *44i% higher.
NORTHWEST CARS.
luterlor was declining, while tho
exports from that state apia-urctl to lie
InereuNlog lu volume. Extraordinary pre-
ulains were reiNirbMl paid for tho deslra
de grades lu tue face of a long period of
lexns weather, which must have Improve*!
tho quality of tho yield no little, from alt
of which the hopeful bull drew tho eon-
elusion that of the huge crop.of the |,onu
Htar Htate most of It has lieeii rushed to
market to meat old engagement*. Thu* It
has rente to pu*a tlmt bulllsh dope nt the
ringside Is no longer looked upon u* uti-
stienknlde treason. Friends of the staple,
therefore, expect n more favorable specu
lative attitude, and with It a return pop
ularity of the more moderate crop views.
Just now the j*lng* are short, and will op
pose an advuiice. But Europe Inis ngalu re
fused to turn liear. the spot situation In
the Hoitth has um*h* bulls of ifiost lienrs.
and the sfie**ulativc short may s*m»ii !»«• j Norfolk”'
placed squarely on the defeiislrc. Clearly! North iq/itte
the outlook has Improved a little hit If Omaha
sentiment now count* for anything. How- oswego'
ever, ubseuco of outside speculation and Palestine
very tight money matters are factors the |M(t*hura
bull should not Ignore.’*—Glbort Ac Clay, j Portland, Maine.’
11 Pori laud. Ores. .
COTTON SEED OIL. t Rapid City.. T. ..
Asheville.,
Augusta:.
Birnilirghitiu.
Hlsinnrek....
Boston
Buffalo
Charleston.. .
Charlotte
Chicago..
Hnclnnntl.. .* . \
Corpus Christ!..
Davenport.. . .
Dodge....
El Paso
Fort Smith..
Galvestou. .
Havre
iiut-on
Jacksonville..
Kansas City*.
Meridian
Mobil#
Modena
Montgomery..
Nashville..
New Orlea
New York
November.
Dccembej*,
January. .
Fehrunry. .
' Sn ^9 MClfCO, . . .’
Half*. 700 May at 33%. Closed steady.
Ht^ Paul..
- knn Frauds
Havnnnah..
{Hpokauc... . .
! Tampa ..
i Taylor
Thoiimsville.. ..
Vicksburg. ..
Washington.. ..
Wilmington., ..
Wlnneinuecn.. ..
Yellowstone.. .
SOUTHERN JXCHANGE
Oldest Established Office South.
COTTON STOCiSV BONOS - GRilli
Ground Floor GculX Building. Dally
market letter aud market manual
mailed on Application.
Seaboard Air Line, couimou.... 2,
do, first preferred ho
(l*i, se**oo(f preferred 5o
do, .ten-years 5s ..lUUL
do, three-year 5s 90%
do, 4s ' 82%
MINING STOCK8.
llosfoif. Nov. 13.—Utah 62%; Shannon 15L;
Old Dominion 58>i: North Butte 111; Smrit-
Ing 63; Michigan 17%; Copper Range 61%;
THE LONDON SIOCK MARKET.
HTOCKR— [bp’nfClosIGloii
Amnignmated Copper... .
Anaconda..
Atchison
Baltimore nnd Ohio.
CniiaUIaii Pacific.. ..
Chesapeake and Ohio.
Great Western.. ..
Illinois Central. . .
Kansas and Texas.
Ismlsvllle and Nashville.
Mexican Central.. .. ..
New Y«»rk Central
Norfolk and Western. ..
Northern Pacific.,,.
Mitarlo and Western. . .. ,
Pennsylvania .
Phllndeltdiht und Reading,
Rook Islaud
Houthem Pacific
Huuthern Railway*
do. preferred
Ht. Paul
Union Pacific
United States Hteel, . ..
do. preferred
Wabash
do, preferred.. .. ....
26»;%:w i
IOohIimh,
THE COFFEE MARKET.
New York, Nov. 18.—The market
opened at unchanged prices to a de
cline of 5 points, owing to slightly dis
appointing European cables, and sold
off to a net decline of 5.points during
tho forenoon under moderate offering*
In the absence of support. The rate of
Braxiliun exchange waa 1-Sd lower,
which, without the compensating ad
vance In the primary markets, was u
lutlier unfavorable feature, and the
large receipts were also against the
niurket, reaching 98.000 bogs at the
ports, against 66,000 last year. It
reported to be raining In all dis
tricts of 8ao Paulo with opinion some-
what mixed as to tho influence of thl*
on the crop Hltuatlom—Glbert & Clay.
Following table gives opening rnng*M^
January... .
February...
March
April.. . . .
Iny.
June.. .. .. ....
July
August
Heptemlior. . . ,
October
Novemlier
December
Closed Nt»ndy.
Opening
nature.
,. ..6.20-6.23
.. ..6.30-6.35
. ..6.40
.., .6.45-6.50
....6.G6-6.60
....6.606.65
.. . .6.65-6.76
~sr
t of today,
r i.i.i
JijJjr.
I h west
Hid last year:
rjist 14i st
Week. Year.
L. J. ANDERSON & CO
Bankers and Brokers,
CGTTON. STOCKS, GRAIN
Correspondent's Capital $250,000
REFCRKNCE. THE NEAL DANK
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 inoils
you to call and inspect them.
Title Guarantee and Trust Co.
PHONE 1417. PRUDENTIAL BLOC-
I'll*
Sr
prbi
f.
b. Atlanta
>rw lork Block Kxchunge.
New York Cotton Mx. hinge.
New York Coffee *Exr ha tig
PnOVIHIONS— Supreme trams. 13r. Dors
'rams. !6e. California Irani*. $3.00. Drv salt ,
Mk«5;|
• xira rib*. 9.25: t*el||.f*. 2tk5 pe.
at kirks. 8.26: p!at*>*. 8.25; Hiir
Mil: Snow Drift raHtiponnd. i.-
GROCERIES.
ALONZO RICHARDSON & CO.,
.... PUBLIC ACCOUNTANTS
t AND AUDITORS
Empire Building. '
ATLANTA.
G'GAI* Standar*! grannlntral. *5.1C
i Y*»rk teflned. 4%e; plantation. -
! rni'L'fL' 't.i
COFFEE—Ureated ArburkleX |lC5u;bulk
u !*ags or iKtrrois. I.V: green. lOfflio.
niCE-Carolina. 4%4j7%*\ according to lb*
grede.
CHEESE-Fancy full cream dairy. 131fcc; |
! twins. !5%c.
FISH.
Bell Phone. Main 8s8.
GEORGIA
, Mullet. *».*>» |h>r barrel; L*r *aai. 6fr*i*!
mu»»d; sn:i|qN>r ire |n>r imhipU; trout St* p»*r I
! Miami: IdliC fi*U. k** |n*r pound; i*mqwiH».
I Ygjn*• iNMiad; mavk-rel. 121*0 |k>iiu*1; mixed
fish, re per |H*ua*l; iresb water trout, fqlre'
I pottud.
ATLANTA NATIONAL BANK i
=1
Ident. I
I
ATLANTA. GA.
C. E. CURRIER. President. A. E. THORNTON, Vice-President.
H. T. INMAN, Vice-President. OEO. R. OONOVAN, Cashier.
JAMES S. FLOYD, Aes't Cethier.
Capital $500,000.09
Surplus and Undivided Profits.*...... $500,000.00
We Solicit Your Patronage.
BliBBARD BROS & CO., ,£n
Atlanta Offices, 219-221 Century Building.
Members New York Cottori Exchange. New Or-
leans Cotton Exchange, Liverpool Cotton Asso- J
ciation. Chicago Board of Trade. New York Cof- J
fee Exchange, New York Produce Exchange.
Business solicited for the above exchanges.
Direct wire service. Correspondence Invited.
Phones 454. Long Distance 39. A.S. Husraew. Nler.
ttflfimffiiiBBBfi
...... -- ^
—