The Atlanta Georgian. (Atlanta, GA.) 1906-1907, November 13, 1906, Image 10

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TUI; ATLANTA GEORGIAN. COTTON OPENED AT LOWER PRICES! NEWS AND GOSSIP Of the Kieecy Staple. m* *»»»*.«.**»—Liverpool at 12:3 , up. Wm dee 7Ht/8 higher. Oi ►nul*. rim should open f©2 higher. Sold Down 8 to 11 Points During the Morning Tradiug. WAS STRONG LATER Sliqrts Wore Nervous and (’overed and Good Buying Ordei-s Appeared. Nett York. Nov. 12.—In view of the feet flint the Liverpool cable* were .Is-tler than expected. the shirt of the local cotton mar ket was disappointing. The crowd here neeroou to In* «-ntifu*ed. and nfter the atart tin- undertone tra< nervous, with quototlona Irregular. l.lver|MM»i this morning wan slightly letter than doe on New York, while on New Or leans the r«i|>on*e. fell short of^ expect*’ tlons. First quotation* from the English market were MW* up; 1% lH*lng due on New York aud 11 point* on New Orleans. At 2 p. tn., prices showed little chnngo from the opening, hut Immediately after a decline ' *“ **" ward set In which oontluued up which was quiet at only I point above the closing figures of Monday. Following is the range tn the active mouths in Liverpool today: Open, illgb. Low. November January-February.. -.5.33 5.X* «•» March April 5.40 j»40V4 jj-|J May-June 5.44 The spot market was firm at II points advance, making middling B.44d; sales 8,000 liele*. t On the early advance New York was due to open 14*2 point* higher, but ns Liv erpool began Its 'ddcllho ts»fore the New York opening, the better feeling In that center ivas Ignored and first, prices posted showed declines of 2#« poluts, except lu dual J fp M stuff bolding the spot option steady. There arc at present two Influences mak ing for depression In cotton prlces—the heavy luoremeiit and entire abaence of spec ulation. the mnrket Iwlng controlled to n bo, by shorts, bnt general detuum rery limited.'’ Mitchell offering 5,000 January at 9.64c. Journal of Commerce: “On the surface. Edited by * Joseph B. Lively MARKETS Mr. f.lr<-Iy*s twvnty-fivo yean* espcrleuge of cd- Itlng markets In Atlanta fi’ud tho South irfls mads him a racoffoixed au thority lu his specialty. ■RANGE OF NEW YORK STOCKS AND COTTON MARKETS operates strength appeared even to the •‘ng advances. } Tbe day' point of suggesting iidv»u.«». »h«> -««; • until* brought In many checks, and. de spite the high money raai i money i ts wefts called g K New ^ork t'oromefclal : -Liverpool will ■ have I.OOO.OW bale* at American i*rt- Tbere 'are 75.000 more bale* pf American cotton afloat for tlrcat Hrltitlu than there was at this time last year. The market continues to wonder when cotton Is going to start this way. The fact that there 1* nn uncertainty a* to whether there Is going to Ik* n revision hr nyf Is probably keeping utfon away from . . York. English cloth mills arc talking about clos ing for a week, breads? the spinners are behind In the tilling of order* for yarn. A reader of The Manchester Guardian sends to that paper the following coiimiunl cation: It will lie admitted. 1 think, thu. Neill Bros, are entitled to respect, but were not even they out of their reckoning only ...J HJ not worth while to exam ine carefully their most recent forecast? Accuracy in au estimate depends on the acreage planted and the estimated yield |H*r acre, and the question la. are they justi fied .In taking 31,000,000 os the former and .45 as the latter? Was there not a consensus of opinion trlde their own circular of June Inst) that thjt acreage planted was 30,ooo.- 000, nnd Is not .45 bales per acre pructleslly a record yield? Was not .41 the highest yield per acre In the Are years between I he n unrrvicu mtnunir v* *»» mn ge planted nnd took £8,003,000 a* the age yield of-.40 bales per acre would gi over 11,000,000 bnles, while u Imd yield .35 would give 9,750,000. The soundness of their conclusions Is seen In the netuul crop figures, but assuming they are now right In * “ *“ ‘ tlie acreage planted, " taking 31,000.000 os the acreage pluntfri. why do they take .45 hales as the yield per acre this year and .40 last? Apply the lat ter to their own estimate of the acreage and 13,960,000 becomes 12,400,000—n most se rious difference In view of the present consumption.” New Orleans, Nov. 13.—Liverpool at Stip 8% up Is not a full response to our ad- vaneo. Was due about 11 points higher. IJverpool cables: “(Tontinent bought; otherwise, llttlq doing." Offerings Imvtibceii extremely llliernl this morning, hut. at the moment, some of tho prominent hulls ore lendlug good sup|>orL lean to the hwr»4M4, On the other !u}tid. a bull pool with am ple fuuds at Its command, aud a concerted holding movement by the planter, aud he Is the man directly Interested, would be en abled to take nilvantago of the two In fluences—excellent trade conditions nnd the good demand for spot cotton—aud force prices to a much higher level. The movement at the ports liegin* to sliow n slight fulling off, receipts today Mug 82,949. against 98,000 lost week and ft*.- 2GB last year which together with the much colder weather earned considerable nervous-, ness nlining the shorts tula morning. After a decline of Mill iMilnts from flrst tubes. th«* shorts started to covering, and with .JM. 1 to covering, and. with some good buying price* Vrere rushed rap- * ‘ “ e last hour selling sburp- idly upward. In the last hour selling sburp ly above tho previous close from New Orleans says: A private “Extreme!’ —.. - market. which, however. I* qub-k to run, nnd. ttlilh* statistics Isoiiisb. spluoers show nmre dlstMmltlon to boy, and the feeling Is growing more favorable. Declines hence forth will have to deni with greater re- 4«tunce, and hence Ih-IIcvc , market., will rork gradoally higher. Comparative receipt* oV. United -Ft Um Decrease.. .. .. .... Total receipts for Ihre* Hume days Inst year* Increase 31.376 Total receipts since September 1....8.301,584 Manic time last year..* .j 3,697,048 Today's map Is generally cold, killing and Jiesvy frosr, neing i ed at tunny ^Mtfiit* In the Southern GIBERT A CLAY'S DAILY •TTON LETTER. COT New Orleans. Nov. IS.—Options In Liverpool closed 1 point higher than on the prevloOs day, ufter a quiet and ruther unlniefestlhg sesHlon, distin guished only by some fairly good buy ing by continental Interests. Hpot quo tations were considerably stronger at 18 points advance, while soles amount ed to some 8,000 bales. Extreme re sults, no matter the manner In which they accrue, ore frequently tho point at which reverse conditions have their beginning. To many Intimately con nected with the cotton, trade such a belief carries deep-rooted conviction, and they view tho present advance rather In the light of a reactionary movement than as a direct result of a pressing demand for actual cotton. The reckless selling of contracts that has previously resulted so profitably, es|M»- claily when improvement* occur, has almost become n habit, and the spent- latlve interest tentatively resist any change of policy until they become un- de- NANE OF STOCK. ans&< Americas Sugar Anaconda. ... American Locomotive, da preferred. Am. Smeltiag Kef. -■». do. preferred. . . . Atchison do. preforrsd. . . . American Cot*on Oil. . Am. Car Foundry. . . Baltimore Sc Ohio. . . Brooklyn IUptd T. . . Canadian Pacific. . . . Chicago St Northw’n. . Cbssapeske Sc Ohio. . Colorado Fuel 4c Iron. Central Leather. . , . do. preferred. . . . Chicago A Great W. . do.* preferred. . r Electric. . Genera! tauisvllie St Nashville. Mexican Central. Missouri licfflc. . ~ Total stock wales today 705,900 align! N. y.. Out. * Western. National Lead Northern Pacific. . . . New York Central. . . Norfolk L Western. . Pennsylvania People’s Gas. Pressed Steel Car. . . do. preferred. . • . Pacific Moll Reading. ........ Republic Steel Southern Pacific. . Southern Katinsy. tm do. prefer red. . Ktoss-Sbeffleld. : Pacific. , United State, Steel. do. preferred. . . Vn.-Car. Chemical. . do. preferred. . . Western Colon. . . . W *d b *o ,h ,;ref;.rr-i; ‘ ‘ do. prefern ®',4l ar _ Itj\ llr. N.\ , vffl as, 3 “’•j «B*j «!.,•«% >a NEW YORK. tures In New York today: 5fovT Dec. . . Jan. . . Feb. .. March. April. . Apr May June. July. flclosed i 9.83 9i94 foloi steady 10.00 io!ii Tl:‘- 11 s II I 9.K3! 9.82-84 9.741 9.74-75 9.70] 9.75-76 .... 9.84-96 9.911 9.93-94 .... 9.99-01 10.WI10.04 -05 .... 10.09-11 10,18(10.12-13 9.63-65 9.62-63 9.68-69 9.17-79 9.94-96 9.99-10 10.04-06 10.07-08 LIVERPOOL. The following table gives the opening range aud close, compared with yesterday s close: ■ ' ’ * Future* opened firm. OMOllur PfIVIWl Bmwe. CIOM. ClMev ...5.40 -r.,is r..30V4 i>.»44 ,24 5.SI I 5.23',i 5. 5^0 D. -5.36 r..s>'i ». i.4054 5.31',; 5. -5.41 0.34 5. November. . . Nov.-Dee. . . Dee.-Jnu Jan.-Feb Feb-.March. . March-April. . April-May. . . M*y-Jtint*.. .. . June-July.. .. .. July-August. .. Closed quiet. 5.38 WEATHER F0RECA8T. Wednesday; Georgia—Fair Tuesday , warmer Wetlnekday In northwest portion. Idoulslsnn. Ml**l**lppl. Alabama and West Florida—Fair Tuesday; M«>dne*duy fulr uud warmer. East Texas—Fair Tuesday; Wednesday fair and warmer. Tennessee and Kentucky—Fair Tuesday; warmer In extreme west portion; Wednes day fair and warmer. FINANCIAL NOTES. # Financial Bureau: Among the stocks that exhibit temporary reduction of support Hub Its aud dre sold by profestouuls on rallies now are Union Pacific. Pennsylvania, Colo rado Fuel nnd Iron. Brooklyn Rapid Tran sit, Chesapeake and Ohio, New 8ork Cen tral. Missouri Pacific. Reading, put turns •lily on the hear side are .attempted. Ml. Paul, Southern Pacific, Cunmllnn Pa- ifle, liOulsvIlle and Nashville nnd Htect pro served, at the low limits of Moiulu.v, tho Integrity of the support thus, far exteuded. Whether or not It 1s a permanent check remains to be seen. Mineltlug wits dangerously near seeking remarked that l»ear tips urc circulating lit some circles, chiefly pr “ * sylvunla, Reading and lucresse .' Estimated for tomorrow: 190C. New Orleans.. .. ....18,000 to : ..16,000 to 18,0U9 10,741 Movement at Atlanta: Receipts today.. ... .. Maine day last year Decrease.. .. ........ Shipments t$day . Marne day last year.. .. Decrease .. Stock on hand, today... Marne day last year.... Increase.. we. the m 54tl9 points higher, tbs tatter for ber. SPOT COTTON MARKET. Liverpool, spot cotton firm: middling up lands 8.64d; sales 8.000; American* 7.200; speculation and export-*C00; receipts 42,000; American 34.000. New York, quiet at 10.40c; salsa 300; con sumption; delivered on contract *00. New Orleans, easier at B&*; tales 4,800; Augusta, firm at 10c. ML Louie, steady at 10c. Mavannab, steady at 9 9-16c. Houston, steady at 013-16c. Boston, quiet at 10.10c. Galveston, steady at 813-16c. Baltimore, nominal at 10c. Sap ^ Mobile, steady «t »Hc. Norfolk, steady at 10c. INTERIOR RECEIPTS. The following table shows receipt* nt the Interior towus today, compared with tho same day laat year: New «tries ns.. Giilvcnioii.. .. Mobile MntHUIlHll nurbshm.. Wilmington. . Norfolk.. .. Boston.. .. Philadelphia.. .. Port Arthur uud Mnbiue Pa**.. Jaeksonrille.. .. ,, IVtwMicola 21541 28046 :cas , 11343 28061 2151 D6«) mlutukubly. hmnewppd. with, new.ei' < velopmentn. Ncvortheles*. with every advance primarily Instituted by llbraal covering of shorts, the technical posi tion of the market becomes Just so much weakened, and not until the tac- favorable to higher levels will price changes assume a defi nite upward tendency, with reaction re versed and only tefporarily lower. STOCKS REVIEWED BY NEW YORK SUN New York, Nov, 13.—The Muti a NCiilc-dowti. The strongest kind of buying Is noted in Hteel. Atehlson should be bought rt thew levels, aceordlng to otir reports. • ATLANTA MARKETS. FRUrl‘8 AND PRODUCE. EGGS—t'nndUsl, active, 2K\ LIVE POPLTHY -liens, active, STfeG each; chickens, plentiful. 154/27Hc each; duck*. Peklu. Sue each; puddle, 2&D30C each; gt^ese, full feathered, 6Gc each; tur- ...... .—Geese, undrawn, active, lOVl-'k* |mnnd; turkeys, undrawn, active. 17916c potiud; liens, undrawn, ac tive, ISVk 4 * imhiihI; duck*, .mdrnwn, fancy, 15c pound: fries, nctlve, lie pound. PlCGDI't’E—Linl. 10c tb,; hams active, 14c 16c* il>.; sides active. WHEAT OFFERINGS WERE LESS URGENT Opened Steady at a Fraction Advance—Closed Over a Ceut Up. Chicago, Xov. 13.—Wheat shpt up ward like a balloon- on attempts of shorts to cover December wheat. Thin wn* at Minneapolis, where the gain was 2 3-8. The local wheat market sympa thised and advanced l l-8ff 1 1*2 here, It Is believed that there Is a shortage of many millions of bushels of Decem ber wheat ut Minneapolis, and there udll be considerable difficulty In even ing up contracts. Corn closed at nn advance of 1 1-8# 1 l-2c. Oats gained l-4f/3-8c. Pork wns 7 l-2#15c higher; ribs 5©7 l-2c up. Tho seaboard cash grain trade abnormally, small und included 5 boat loads of wheat, 11 of corn and 30,000 bushels of oats. Transactions In cash grain here were confined to 30,000 bushels wheat, 60,000 bushels corn und 100,000 bushels oats. Primary receipts 1,235,000 bushels of wheat and 629,000 bushels com, com pared with 1,430,000 nnd 771,000 bush el*. respectively, a yeitr ago. Clearances from the seaboard 274.000 bushels wheat, 130,000 bushels corn und 16,000 bushels oats. NEW ORLEANS. I.ff? lH < 'S{>W ln A, l .*.n t . ll, ,.j;».°« 0 ' ^ "> Dec. . Jan, . Feb. . March. April. 1MB April May. June. July.. Mi ciosed steady. CM 9.fy fcW »,Tf * »■% l'oloo s- i S# 5 3.57 oisa 9.80«l !'„S7AS 9.95*97 10.07-.. Kij B 9^J— 9.75-76 9.U PLANTERS SHOWING DISPOSITION TO HOLD *•’ ; York - Sot. 13.—Tho Sun nj». Tht downward movement met a check, not . only In unexpectedly stronger cable advice* from Liverpool, but alisi in some tendencies of tho receipts to decrease. l»oth because of colder weather, which |« not to affect the inovcmeut, uud because of a somewhat tudre Ih>IIIo(hm> mood on the part of the planter, who Is evidently more dis poned to Jiold back his cotton, as he did two years ago. Then he Ituugined that « tU ‘‘ i! 1 * *pe®®Jnt!ve markets sytaSlSp A 1 * ; otlo, ' f ™ h,ni without go- Ingth^ough the formality of coii*ultlng him uw low a price tie should make for festal to concur lu NOTES ON GRAIN Pointers on Provisions. practically rnruv will do that hat but do not !*•!!«• hoft It I* lmp»-«ibb* TONE MUCH BETTER IN STOCK MARKET -ficet* of profit* I '"t 1 .’. njSti'^ngth Was Shown \n you desire to remain short lard, would Through the First Hour diort bans** to May. o Recutd Herald: “Aggressive lllnsr. tnlxtsl with a modicum of 1Ww»I*t ll'iebliitlon nnd u surfeit^of dull trade and lf*iIe*snosg on the part of wheat speculator* nnd exporter*, made a bard the %e Iteside*. December showed ns much tendency to run abend of May on the down sfdi* lost Week ns It ..had to precede it iid been tmtleipated. This, however, may come later In tho month. “Lack of Interest on the |wirt of foreign and ihime4tle buyer* oPensh wheat promtJfwit n* was the' continued falling short of,receipts everywhere, and the grow ing accumulation of evidence that the crop quantity generally conceded ’ that losses hr central ,ui(l soulIierq Mlflnesyta Mini Sohjb -Dakota hlivc boen severe from bet weather shied harvest, and that a great dcnl of wheat will be lost by the time the threshers find weather In which thej; enu operate. “Official tfovornment figur*** issued Satur day show that the 1 corn crop Was 173.uOu.OOit bushels- larger than (lie previous year's bumper crop, which wits In turn lA'iAW bushel* larger than the previous record jtraakcr, of 2,523,060,000 bti*lu*ls in 1892. i lu othf-r Words, there'has licen au Increase-of hi life last Out of the claim has been raised this year, i.69i,0u9,U bushels are lu the seven big surplus states tills Murplns.will be calling for ... immediately competing merchants. These ' !•« 44j900,( ),0po bushels more i«ve rah t Year. JL _ F states also Is dhe most serious of tho shortage* In ink£p> y nnd (aits crops. It Is unfortuiiiite thm the exisirt trade Is ns light ns It If. In Roiiinanln alone the crop this year is*nl*»ut 56,000,000 bushels graator thah Inst year, thus giving a surplus to pete With any market that' AmCricaii r »rters might have luid. Other southern European countries also produced gmsl corn government are approximately correct, would seem to be up to the farmer to either market more of his corn crop on the hoof or hold it over to a less.favorable year.'* bear prices, and bears wet CHICAGO GRAIN MARKET. i*r active. 154222'Ac pound;! Chicago grain 'nnd provision quotations 25c sxiund; iwnidy. bright, f«r today follow: _ _; honey In 1-poigid (dock*. ... , . I rcrlous active. 12c pound: clic*tuuth active. 34.001 .-PP 011, bushcfi dried apples. pound'white |svt» I wllLAJ — active, 32.40 bushel; lady peas, 3^00; stock, Jr*** High. I^nv.--Close. Close. addition to the stringency of the money sit-1 GAME—Quail, active, 15c each; doves, nc- j ^ n *AL-,vi. great-1 live 5c each; ducks, mallard, active. 43c; | cOUN- nation nnd to other causes making In groat-1 tent Influences of adverse bearing lu tho j Kg™; F i ",Sy , r; market, since It apjHMir* to U» the prevail -I 1 \ L.rL, k *i,^i*' fVvif" ^‘! Vm!b’* lug brlief tjliu lil..Tl«w of lDcw 0 .K, | B p ! .)r I ^‘„, c ';. rr i,V n ' Mtft railway eu In their employ, something like a I movement 'of this kind I* tinder .... The sole force operating against the st«M>k market was the continued strength of rates for the use of money. The 8.H New York state apple*, winter varie ties. choice per barrel. 33.O04f3.56; foncy, 35.75fft.fr). i;rapes. New York state. In 5-lb. way. basket*. t'ou«H>ri!*, 2O022He: Niagaras. 22'Alf 25c; Catawlais. 20®22^«*. Cranberries, fancy dark Cats* Cods, per barrel. 310.fr^ 11.00; than they dosed op Maturday, the fall lac ing luduced by lower quotations from I^»n- dgn and the mom! certainty that ls*fi lias _ -asury ... jrmed lu the strongest manner his determination not to. make Interposition In any-way for the rellsf of the money mar ket,until It was proved to him that the business Interests were suffering greater barm from the existing condition of affairs than they now seemed to Gilbert St Clay. THE METAL MARKET. New York, Nov. 13.‘—Tln wiu» easier In tone for spot nnd nearby deliveries. Copper, lead and spelter unchanged. Jersey*. JW.OOfjU ■■■I ,10.00. Grape ! st«H*k, owing to sl*e and color, 03.00. Limes. Florida stock. PH ■■ 40c. Nut*, fancy mixed. In Imixcs, potiud, Ulitfltc; The aew-erop nuts In bulk Urap<* fruit. Florida * - • - pt»r box. 32.50 per buudred. ■HH. .. inuts. heavy rail JHHB sack of 100, active at 34.OOff4.CO. IVnnut* lo 100 pound* each, > Wn*. ‘ • bushel* last year. TODAY'S PORT RECEIPTS. The following table, ahows receipts at tbs i k* averaging grade, per |iouiid, VEGETABLES—Beets, cnhlwac crates, nctlte. 12.50 crate: cnhbngc, standard crates, 1H*.* pound; cabbage, nnrrels. lV*c |smnd; egg plant active. 31.50 crate; cticum- b'*rx. 12.50 crate; tomatoes, fancy, active. 13 crate: tomatoes, choice, active. 32tf2.25 crate; bean*, round green. 32.50 crate; onions dry. active, 75c bushel; Irish pota toes. ictlre No. 1. AOc bushel; Ct-Iery, fan cy. dr.M. |2.«iO^3.O0 crate; (teppers active 31.75 crate; okra. *dx basket*, small, 32.25 crate; caultnowcr. active, XfHOc pound: lettuce, • ^ header:. r.’.5) drnui; sweet (mtstoes, yellow, i ox | dull, tOe bushel; sweet potatoes, bite. ( J. 0 *"" ®»‘ ; dull. bushel; kraut, halMnirrel. ^.73,* ; 23>) ! rutabaga turnips. l*Ae. May... 14.17»* 11.35 LARD— Nov.. 9.25 S.R7J* Jan.... 8.*Ha HIDES- Jan.... 7.52Vs May m t’AMII WHEAT- No. 3 red 74074%; No.*3 do 72%073‘A; No. r hard winter 72**074*i; No. 3 do 72073's. THE PRIMARY MOVEMENT. The following figure* give the primary movement of wheat ami corn: Wheat—Receipts today 1,235.000 bushels, against 1.420,000 bushels last year. Ship ments briny 710,000 bushels, against 670,000 l>u*he!s Inst year. t’orti— Receipts today 028,000 bushels, against 771.000 bushels Inst year. Mliln- meats today 250,000 bushels, against 268.000 CHICAGO CAR LOTS. Below Is given receipts today and eati- mated receipts for tomorrow: Today. Tomor. Wheat ..22,000 THE LIVERPOOL GRAIN MARKET. Memphis.. . St. Louis.. . tim-lmmtl.. Totals.. ! Wheat—Opened 'blower; at 1:30 p. in., L ! lower; eloseil unchanged to '* higher. «*d \km t?7? FLOUR. GRAIN. PROVISIONS. FLOt.’IS—Illgbest patent, tC.50: t*e*t cat- it 34.40; standard patent. 34.23: half pat- font. 3T90; spring wheat patent. 35. t^ORV-rholee red ltd*. 63c: No. 2 Wlllt 1 «e: Ne. 2 yellow. 6Se; inlxitj. 67c. f OATH—L'Ufdci* white ellpned. 50c; No. *i white, Ge;. No. 2 mini. 4.e; Texas rust- | ;iroof. 52e. MEAL—Plain w.iter-grouml, per bushel. .... , 7 •Tm-; 'Mfited. liUniand Jutes, per bushel tiOe; I lie following figure*■ gl\e the northwest ( Shorts, white. 11.10; medium, 11.40; brown, I car * of rodny * 11,1 and Inst year: i 21.35; pure bran. 11.25: mixeil brsiul. 31.16. t _ _ w KfM La»t j HAV —Timothy, choice large bale*. $1.20; I ... .. Today. Wesk. NORTHWEST CARS. finally Induced milte the’ reyerso 'o’r profitalli!*. day, there wns a better spot d< the Meuth, and Liverpool’s snot sail** slit *""* * * P. wiillo there can is: ed a noticeable iucrensc. lu ,. lc ,. M1I no doubt whatever that the trade In cot ton goods the world over Is excellent. Mo far ns the sissutlatlou here Is concerned, however. It labors under the serious dis advantage of still Mas practically. Ignored t^« ^ ou ^ u public. Yet the market had sold, and a rally setmsf to be due, irre spective of tlie arguments pro and eon as regards the ultimate course of prices. El lison s figures show an Increasing cousninit- tlon. Many b.ll«Tv (bnt (lie world’, .ran mmiptlon will ultMirb most |f not nil of -rnp." THE WEATHER. LOCAL FORECAST. 1’Olt ATLANTA ARP VICINITY—Fair and somewhat warmer tonight and Wed- I'sday: hravy fr«»*t again tonjglit. WEATHER CONDITIONS. The area of high pressure Is central this morning between Memphis and Vicks- “] soatnaai' of Session.’ OPENED FRACTIONS fp l sually Active Issues In. creasing Early Gains to Over Point anti Half. Xew Yol k. Nov. 13—Tlie main , nlderatton In today’s marknt U( . , Imllof which per,I,ted. In^phe “* cent declaration, to the contrary that relief to the money ntHSfrency ti.,.„ 1Ell the help of tho trettsurj-.tiu, c|„„. a j hand. Soon after the opwilnit of busl. " it became known that the s ,. ore tary of the treasury wa. In town nnd that he mine for the purpose of i„ve, tlRtttlnB und consulting about the ne,,i, of the money situation and fr.m ,:!u circumstance not unnaturally th,. n « favorable Inference wns drawn. i iln ! In* hack of stocks begun In the nrl, London market and was continued ,u the openlnR here. First price, shnwrt fractional advances over lost night i,,„ the upward movement made Mea.lv progress during the rest of the noon. It extended to all part, ,,r , h , list, but the heaviest trading centered upon the low prices southwestern rail- road shares. Rock Island and the K in saa nnd Texas Issues coming In f,„ , n unusual amount of attention. Ab,.,ra tion of these stocks appeared tn have reference to the excellent earning, .,r the Southwestern properties, but there was also the usual discussion ai„, ut new capital enlisting In the road. SEABOARD AIR LINE. na were the closing qnotnt'lon Air blue atock, nnd Ikxi.Js: 8mboard Air line, ronnuun ‘£l Imrp. burlup mured southeast since Mon-1 general decrease In temperature ove. eastern Tialf of the map—most marked In southern Georgia and over Florida. Heavy to killing frosts occurred In Alnlmma. Geor- . .. .. . - - do, second preferred 5» do. ten-yenrs 5s.. 10n«-; do. three-year 5s 991, •1*». *" 82% Freexlng temperatures occnrred as far south ns Thonianvllle. Ga.. and southern Alabniun. An exten*|ve urea of lower pres sure extends nlong the Ho<'ky Mountains. MINING STOCK8. Boston. Xov. 13.—rtsh 62%: fihanuoii 15%; while 11 MN'ond low Is centered northeast of New England. Clear weather covers the southern half of the United* State*, while over the north ern tier of states cloudiness prevails, with snow fulling nt Buffalo, Oswego, Pittsburg Old Domlllloa North Butte 111; 8m.lt Intf 13: MiehltfStt 17H; L’opper Range fiiu Itlnirlin 111 MU. rHE LONDON STOCK MARKET. and Huron. H. link. by the low will cause fair warmer weather hi this section toulght aud Woduesdny. Heavy frost agnln tonight. STOCK H— Xninlgiinmtiri t.’opper .. lOp'niriow cim Minimum and Maximum Temperatures. Observations taken nt 8 u. m.. v5th merid ian time. Anaconda.. Atchison.. ,,v Baltimore nml Ohio. . . rmindlan Pacific (Miesnpcake nml oiilo.t . Denver and Rio Grande, preferred this season’. .. ... New Orleans, Nov. 13.-The .Times Demo ernt say*: *'Mustitlue<l tension in the at- tunl cotton market turmnl the drift of things cot ton wise, nml 11 substiinUnl recov- beurlsh promises had licguu . JMi Menuwhlle, bulls ls>gnn to hsik nbour them nml fonnd some unmistakable signs of active confidence. Galveston buyers were In New OrleniiH on n quest for nediri sup- of gqiHl cotton. The Texas movement from the Interior whs declining, while the exports from that state nptN»nred to be Increasing In volume Extraordinary pre ble grades In the face of n long period Texas weather, which must have Improved the. quality of thu yield no little, from till of which, the hopeful bull drew the cou* luslon that of the huge crop of the Lone Hlar Htate most of It has Ih*cii nnhcii |i Buffal Clmrlettoii.. Charlotte Chicago Cincinnati.. . , Corpus Christ I Davenport.. . market to meet old engagements. Thus it I j L AtigeiesV has come to pass that bullish dope nt Hit ringside Is no longer looked upon us mi- m. Friends of the staple, t a more favorable speeti- and with It u return |m»|i views. latlve attltud ulurity of tki* more moderate ...... ... Just now the rings nre short, nml will .... pose ne ndvaiiee. Rut Europe has lignin r< fused to turn Imnr, the spot hjluiitiou ii the Mouth has made bulls of most lienrs. and the speculative short may soon Is little sentiment now eouuts tor anything. How ever, absence of outside speculation nml very tight money mutter* are factors the hull should not fgnoro,**—Glliert A CIny. COTTON SEED O'L. November, December. January. . February. , rtn'»nl»ur. nu.Ung. ...... 36K066K ;W ti3G\4 32»I tin artJfS;* SOUTHERN EXCHANGE Oldest Established Office South. COnOK STOCKS-—BONOS—GRAIN Ground Floor Gr.uld Building. Dally GIBERT & CLAY ill*.. vhnlre Klii.il bales. »L»: *8.’i 1 Mlnneitpoll. •lover mixed, $l.lu: do., No. 2 clover mixed. DuIikU (BE ALABAMA ST ATLANTA. CA j M.13. *’iioiiV ermu«la, sf*-. RYE—Georgia. 11.05; Tennessee. «s\ Bar L. J. ANDERSON & CO Bankers and Brokers, COTTON. STOCKS. GRAIN Correspondent's Capital $250,000 Marquette.. . Memphis.. .. Meridian.. .. Mobile .MmlelJji.. .. .. Mont ginnery.. Nashville.. .. , New Orleans.. New York.. . Norfolk Nor Ml Finite.. Omaha ’ 'illlliui ., ..... .. Oswego., ./ ,, Palestine Pittsburg Portland, Maine Portlnud. Oreg. Rapid City.. .. St. Loult St. lira!.. . .. San Francisco. , Savannah.. .. Spokane Tampa • .. Taylor Thoiuasvllle.. .. Vleksluirg Washingtou.. .. Wilmington.. .. Wlnuemuccu.. .. Yellowstone.. . Great Western Illinois Ceiittal. . . Kansas nnd Texas. do, Louisville and Nashville. . Mexican Central., New York Central Norfolk and Western Northern Paelflc.... •.. uttarlo nml Wesb-rn. . .. I’euusylvniila Phlladelidirn and Reading. . Rock Island .*. .. Southern Pacific. .... Southern Railway do, preferred St. Paul Union Pacific .x United Sillies Steel do. preferred Wabash.. .. • do. preferred 110 |7 • 2BP, Wj IfrK-, lies, 4214 i'-s; 42** THE COFFEE MARKET. ' New York, Nov. 13.—Tho market opened ut unchanged prices to a de cline of 5 points, owing.to slightly dis appointing European cables, and sold »ff to a net decline of 5 points during the forenoon under n'odornte offerings In the absence of .support. Tlip rate of Brazilian exchange was l-?d lower, which, without the compensating ad vance In the primary markets, was a rather unfavorable feature, and the large receipts were also against Uu* market, reaching 98,000 bags at the two ports, against 66,000 last year. It was reported to bo raining In all dis tricts of Hao Paulo with opinion some what mixed as to the Influence of this on the crop situation.—filbert & Clay. Following table gives opening rang- March April May.. June July August.'.. .. , Heptembcr. . . Ib’lt.ber November | December I Closed steady. Opeulng ■ uanse. .. ..6.20-6.25 . .6.20-6.55 .. ..6.40 6.46-6.50 -6.55-6.«» . ....6.606.65 6.65-6.70 . .. .6.70-62>O 6.85 .. .6.10-6.15. REFERCNCC. THE NEAL BANK PHONE «4«T. PRUDENTIAL BLDG Safe Deposit Boxes For rent in our vaults in (be 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 invil: you lo call and inspect them. Title Guarantee and Trust Co. New York New York Cotton 1 New York Coffee Josnl of Trade. Ara'n. otton l!\. lev. Uk flu* a nvi- prices n»x* f. o. (». Atlanta PHOVIKIOXK-Supreme hams. 13c. Dovs 'tains, 15«*. Citljfornla hnuis._?9.O0. Dry r •*xtr lard. Local and Long Distance Telephone 5298. C. E. KEPLINGER. Manager. ALONZO RICHARDSON & CO., ;tt tiaeks. S.25; plates. 8.25 H V>; Sqow Drift compound, 1.25. GR0CERIE8. ^UGAR-Stsudsril granulated, 3S.10. New York icdnetl. plantation. Be. COFFEE—Roasted Arbm klo *. $16 50; bulk barrels. I3e; green. lO^Ltc. r PUBLIC ACCOUNTANTS AND AUDITORS n b:ijr» or liarrela. I3e; green. 10f»l2c. [ RICE-Carolina. 4*&tf7V&c. according to the ; grade. ' CHEESE—Fancy full cream dairy. iMfce; • twins, 131V. ! FI8H. Empire Building. Bell Phone. Main 8)8 ATLANTA GEORGIA. j [Mtnril snapper tQ r BWI W* per in>ui ........... ISift-JOc ponu.!: msekore!, pound; mlte«i fish. 6c per pouml, xrvtu * ‘—— , xrvtU water trout, (trl0c • ATLANTA NATIONAL BANK ATLANTA, GA C. E. CURRIER. Prciildent. A. E. THORNTON, Vice-President. I H. T. INMAN, Vice-PreeldeiiL GEO. R. DONOVAN. Cashier. JAMES 8. FLOYD, Aes't Cashier. Capital $500,000.09 Surplus and Undivided Profits $500,000.00 We Solicit Your Patronage. HUBBARD BROS S CO., SU Atlanta Offices. 219-221 Century Building. Members New York Cotton Exchange, New Or leans Cotton Exchange, Liverpool Cotton Asso ciation, Chicago Board of Trade, New York Cof lee Exchange, New York Produce Exchange. Business solicited for the above exchanges. Direct, wire service. Correspondence invited. Phones 454. Long Distance39. A.S. Hustnre. Mgr.