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STRENGTH OF SPOT STILL THE FACTOR i * ii Demand Continues Urgent for Good Grades of Actual Stuff. FUTURES ADVANCE No Material Decline Is Ex pected Until Holders Ma- kot More Freely. .* ; New York. 1 , For. lf'-TIic ifcat.uee of, the f local cotton. market nt jOheymuct Wag tlm ! pan-haw or ]S,0qj tialo of '|*nu»rr,'by oi» ' broker. Thf cottnn wn* -*nrtr<*'W to be for ■ blg t Wollj .trout comml.nori haute, and helped to efeidj- t|ic wh.lt- 1 mfirt'et-ln- the * fsrbe of prefiuro frohi the rccmi crowd.; Liverpool V»Hy .rtrlce. vfere without In fluence on |ho npecnlat1ve .marketfor cofe ton In New York. J*rle*« r «t I2:!» In'th- English mefket wore StW point* higher tin the near and 1 higher on the dlatant po«l tlone. It wai'duo 12 and i) polnta op. re ( epeetlrel)-. The decline In that mitrjjipt la UPUCL'U IIT IU9 Bimijr «uiiiuvv "I'’ “ I lag. The 2 p. m. cable uoted little change from opeolng price*, after which prlcea tie- ran to adeauce, and at the clone waa ateadjr 5iHMf25 point* above the cloae of fetter I Following la the rang* In the active ; month* In Liverpool today: Open. High. I*»w, November ft. rot B.w B.57I Janaary-February. . ..ri.tg 5.D5 K.tfi MtTtchAirtl:.. . .. ..B-M -Ml JW4 May-June B.66 6.6B B.66 Th* .market for spot cotton eontlnoe firm, .with aplnner* taking liberally at ad vnnelng price*, middling today living mark «d up 10 polnta to 5.Hod on ealen of 10,000 h "on'' Liverpool'. early ahowlng, the New York market waa due to open 8 point* lower on the near.and 4 point* down on the dla tant poaltlopa, but the "feeler from the Cngllolt apeculator waa Ignored by our mar- E atV* and* the opening waa ateady 1 lailnt Igher to 1 point lower. 1 After the opening, abort* were nervous. The boll* were more conddent of their po rtion, nod bought, while the heart were i ahowlng eonalderable fright and were cover- I Ing, Influence* that made for a atrong mar ket and a continuance of the advance of the adea. I P ^rhe W demand for aaot cotton la .till nr- gnnt, otportera and) *plnner«iO(Ti-rJng any price aaged by hold?* for I Offer*tappnrantly dd not a| and a- majority of tho b ** TOe apecnlatlve hear ha*-produced n largo .crop of papar cotton below current price*. He I* dndmg It difficult to Induce tho ac tual producer to market aufflcbnt cotton to meet hla obllgatlona, hence he la. now engaged la buying In paper cotton to off. net bl* prevlou* pnrcbaK*. The boll* nro making him pay the dlfferenco In price. The situation In *pot cotton will make the prlcea for futurea. for at time, at leaat. A» long na tho present strength continue*. II material decline can not bo expected. If the slfiinllou weaken., a iliarp decline ” iiafl weather' I* forecasted for the neat day or two.' Ttal. will enrtall the move- metit. A- flght movemcat from whatever cause I* n liulllsh Influence, and prlcea re- S*W elo»e n< wna ateady. with Ijrleee net HT« * u 2’ • “I" 1908. J90B. _ 19W. Overland week.... «,!« Since September 1. IW.ira Wnee'September Y.4,Klj8 *,*•»,"• ** Klngl* Into-alght for week S70,*7I: laat your SS0.382: for aeaaon ao far 4,6(6.411, agalnat 4,4*.097 la»t year. Vomparatlvo recylpti at United Slate* Set tyntofa today W.M2 H 1S?r™J, 1 ."!.r." r :. :.":::: 858 Total receipt* for the week 41i7» S in^l« k .‘" t . , !* r :: Total recelpia *lnee September home tlmo last year ....3,288,998 Increase..... •• •• Estimated for tomorrow: 9,851 «.474 188,970 31,163 511,874 673.807 4.475,461 5.074,719 196,917 New Orleans.. Galveston Houston 1108. ... 8,000 to 10.500 ,.24,000 to 2*.000 ..10,000 to 11,000 1906. 15.36 26,971 17,253 SPOT COTTON MARKET. ka7«t«“w ffMcnlatlon and raport 1,000.. ltecetpta 86,- 0%, American 23,400. " New^York—Stmidy, 11c; delivered on con- tract 1,100. New Orle*rut-Firm, 107-1B. St. Louie—Steady, iotie. noaton—Steady, 10.00. Memphla—Quiet. 10c. Mobile—Firm, V%e. Norfolk-Firm, lOSe. Wilmington—Firm, Me. •* Charleston—Firm, lOlic. TODAY-8 PORT RECEIPT8. G« today, comparad wit STRIKE QUESTION TO BE SETTLED -Now York, Nov. 16.—Another con ference will be field tomorrow between officials of the Erie'and representatives of the firemen, who by a unanimous rote, are Riven authority to decide whether there shall be a strike. NEWS AND gOSSIP Of tho Fieecy staple. Private Wire to Gibert A Clay. New York, Nov. 16.—Liverpool opened $4*9 higher on near nnd 7 higher un* dlatant. Was due about 12 higher on near owl 9 higher-on distant On this hosts, wo should Open about 6 lower on ■ near and 4 lower on distant. Liverpool cablet: “In consequence of the strength of Southern markets, decreased es timates and manipulation, chances are In favor of market Improving." Liverpool ft selling cotton. In face of heavy selling by Liverpool, tbe tone t)f the'market Is Arm. Tho Liverpool cotton exchange will be closed November 30. The Journal of Commerce: “The general tone of the dry goods ‘trade continues healthy, with n .firm undercurrent; tending to maintain--values steadily. Tin* ilif leni ties In tbe way of -.prompt deliveries are not being dissipated rapidly enough to' siilt buyer* or* sailors, and there is necessarily a half In several direction* In the trade. There nro many unfilled orders at hand, and spot goods cdutlitut* to bring full prices, neverthulcss it la fecogulwd that a. much more satisfactory trade could »*e done If tbe mills would send along their products Itf fuller volume." New Orleans, • Nov. 16.—Liverpool at 7 up _i not a full response. Was due *10 up, but sales of 10,000 spot at 10 point* ad vance la favorable feature. * •-Liverpool cables: "Near position* firmly held *nd steady on account of unprofitable ness* of tendering. Market steady, without •pedal feature. ,r Our Galveston correspondent writes *The demand for spots continues unabated, and holders have no difficulty to sell at almost their own prices. Everybody hero la trying to buy spot cotton, and find it mdft difficult task. The interior Is otter ing!-next to nothing, and local factors have. no stock to apeak of." Edited by Joseph B. Lively MARKETS Mr. Lively's twenty-flvo years* experience of ed iting markets In Atlanta and the South has made him a recognlxed au thority In his specialty. TI^S FLASHED From Wail Street RANGE OF NEW YORK STOCKS AND COTTON MARKETS spot offering* hfiB extremely light. The western forecast Indicates Increasing cloudiness, with showers and colder weath er generally tonight. In western Texas, fair and much colder. An extensive low pressure overlies tho Missouri valley, em bracing all pf tbe Western fwlt. The ba rometer pressure records 29.15 Inches, fore boding rather severe disturbances. .Tho eastern forecast Indicates generally unsettled weather tonight, with ralu and warmer throughout tomorrow. THE WEATHER. LOCAL FORECA8T. Foil ATLANTA AND VICINITY— Wrtly cloudy and warmer tonight; Katurday rain and warmer; colder by Hunday. WEATHER FORECAST. The storm that was centered near Norfolk land, Maine, where the pressure has do- •creased .76 Inch . In; the -past twenty-four hours. Over the‘*outhea*t «m*drunt>of the r the barometer bus risen consltlcwtbly, n slight high hr central ,over western North Carolina. The northwestern law that was over Montana-Thbr*dsy-morning bus dropped to tho southeast to Dodge City, Kans., canting rapid falls In the barometer nt all stations lietweeu the Hocklcs and the ... tpp|, Uain or snow has fallen at most s In the northern tier of states from .._.J to -Maine. This morning, sleet was fnlling nt Ht. l»nnl and rain nt Boston. Colder weather prevails on the south At lantic coast and In the northern Kooky mountain districts, whllo the temperature has risen |»<*rccp!lbljt In the western half of tbe cotton licit and northward to North Dnknto and Kouth Dakota. The conditions promise fair and warmer weather In-this section'tonight; Katurday Minimum *nd Maximum Temperatures and Rainfall, Observations taken at 8 a. m.« 75th tnerl dlsn time. NAME OF STOCK. Amalgamated Copper. Atlantic Coast Line. . Americas Sugar U*f. . Anaconda. American Locomotive. do. preferred. . . . Am. Smelting Ref. . . do. preferred. . . . Atchison. . . ..... do. preferred. . . . American Cotton OIL . Am. Car Foundry. . . Baltimore A Ohio. . . Brooklyn Rapid T. . . Canadian Pacific Chicago A Nortbw'n. . Chesapeake A Ohio. . Colorado Fuel A Iroo. Central Leather. . . . do. preferred. . . . Chicago A Great W. . Chicago. M, A Ht. P. . Distiller's Securities^ .* Am. Ice Segoritlea. . . Louisville A Nsebvltle. Mexican Central. . • . Missouri Pacific. . . . NAME OF STOCK. N. Y., Ont A Western. .lorfolk _ Pennsylvania. People's Gas. . . . Pressed Steel Car. do. preferred. . Pacific Mall. .... Reading Republic Steel. . . Rock Island. . . . .. do. preferred. . . . United States Robber, do. preferred. . . . Southern Pacific. • • . Southern Railway. . . do. preferred. . • . SIoss-ShefTIeld. .... Tenn. Coal A Iron. . . Texas A Pacific Union Pacific. . . . . . United St*re* Hteel. . do. preferred. . • , Va.-Car. Chemical. • . do. preferred, , , . Western Union. . . • . W *do.* l prlfprr*<j." I Wlaconain Canlral. . , do. prefarred. . . , 34*4 Total atock aalea today 1.273.700 ahnrea.' NEW YORK. Tho following la tbe range In cotton fu- turea In New York today: Nov. . . Dee. . Jan. . Feb. .. March. I10.32J10.50 JO.13j70.29 10.12! 16.32 io.21io.43 10.30 10.46 10.32j 10.52 10.37 10.60 10.3910.5K Closed steady. 10.21 . ,3011 10.29 10.37 10.31 llll IB 10.46! 10.45-50 10.40-43 10.27 10.23-27 10.14-15 10.23 10.26-26 10.13-14 10.33-35 10.22-24 10.37 10.37-3M 10.23-24 10.46 10.42-44 10.29^1 10.47 10.47-4* 10.32-33 1056 10.65 66110.40-41 LIVERPOOL. The following figures give the opening rauge and close, compared with yesterday a dose. Futures opened firm. Opening . Previous Range. 2 p. m. Close. Close. November. ..5.68 -if59 5.60 5.64^ 5.4914 Nov.-Dec. . .6.51 -5.53 5.53 6.58 5.43% Dec.-Jan. .. .5.49 -6.48 5.60 6.55 6.41 J«n.-Feb. . .6.48 -5.49 6.49 6.64 5.40% Feb.-March.. .5.5')%-5.51 6.49% 5.65% 5.42% Marrh-Aprtl. .6.61 -6.62 April-May. . .6.63 -6.r~ Anrll-May. . .5.53 -5.5 May-June. . .5.66 -6.6... June-July. . .6.68 -6.69 Closed steady. ffl : 1 5.66 6,60 6.67% 6.62 NEW ORLEANS. The following 1* the range In ture* In New Orleans today: cotton fo* i S 2 I III i 4 i Nov, Dec. « • • . Jan Feb March. . . . April.’. . . May Jnne. . . . 1*6.18 10.26 *10.43 iblii K.I i(M4 10.47 iati ioiio i*0*.7K iatiiolx 10.221(840 iassiou ioii Jiblcr Vt.63iio.67 10.87-39 10.8636 10.89-40 I'M- ; 10.5656 10.61-63 lfcflM? 10.71-73 10.75-77 10.19-21 10.18-19 10.23-24 10.30-32 " 10.39 40 10.4647 10.53-54 10.59-61 10.67-69 Cloaed ateady. Private Wire to Glbert & Clay. New York. Nov. 17.—Marshall. Spader A Co.: The market Is entitled to a further show of strength today, though some con sideration may be given the reported ac tion of the United States government against the Standard Oil Company, and fur ther evidence of the strenuous pursuit of the New York Central aud other corpora tions for violation of tbe rebate law. The Washington dispatch this morning states currency reform plan has been announced by the bankers. It Includes Issue of cred it notes guaranteed by the government. Americans in London heavy !4€?*4 Im*Iow -a; fairly easy between now ai month. General London market strong. Rapid Transit commission orders Inter .»oro to operate express service ns fai One hundred ami thirty-seventh street. Federal government asks court to dissolve tandard Oil Compa Good demand for loan crowd. New York Central fonnd guilty of rebat* ng by the United Ntates circuit court. Indications point to a return of currency from toe Interior In Increasing volume from now forward with hnlnncu In New York's favor early In December. Twelve Industrials advanced .24 per cent Twenty active railroad* advsnecu .27 per cent. Financial Bureau.* We regard United States Steel, Union Pacific, Louisville and Nashville, Copper, Southern Pacific aud ttchlMon as afar— —* mm A strong bull rr land to accumulation In which we have been referring re|teatedly of late. Philadelphia tips Reading, but it must 147 opposing stock. taken, and display strong up-tendencies. Smelting li held between 156 and 152 . :, bat Info *ui«tIon Is bullish. ^ Pool sources send out tl^s oq Anaconda, . PRICES SLIGHTLY LOWER Reading Later Led Market in a Demonstration of Strength. Ansas and Tex- NOTES ON GRAIN Pointer, on Provision, Atlanta.. ., Abilene , Asheville Amarillo Augusta tlrmliigham. .... .llama rck lost on Buffalo Charleston Charlotte Chicago Cincinnati Corpus Christ!. . , Davenport Dodge City Rl Paso Fort Smith Galveston.. .. .... . Havre Huron .. . Jacksonville Jupiter Kansas City Key West.' ; Cnoxvllle *o* Angeles.. Huron .. . Marquette.. .... .. Memphis.. .. .. .. , Meridian Mobile Modena Montgomery Nashville New Orleans New York Norfolk North Platte.. .. *. Omaha. Oswego . Pittsburg 'ortlaud, Maine. . Portland, Oreg. . . Rapid City. . .. .. . Ht. Louis Ht. Paul Han Francisco Havnunah.. .. . Spokane Tampa Taylor Thouiasvllle Vicksburg Washington Wilmington Wlnnemticca.. .... Yellowstone J. B, MARBURY, Section Director. INTERIOR MOVEMENT. The following table shows receipts nt the Interior towns today, compared with thu same day Inst year: Houston.. .. Augusta.. .. Memphis.. .. 19331 22*S 9784 5916 17252 1HW) 6435 1015 tA n ALABAMA ST iNaw York' ’■New* ' “ New GIBERT & CLAY STOCKS. BONOS. COTTON. GRAIN. COFFEE, PROVISIONS MEMBERS: New Orleans C £u£S feS*"*** i V hto **° Board of Trad*. New Driesne Stock Lxehamre. r Liverpool Cotton Aes'r ATLANTA. GA -I | is - :: r 4o^r„ff« ™ s Loetl and Long Distone# Telephone 5298. ,G. E.' KEPLINGER, Mantgor. Private Wire to Glbert A Clay. Chicago, Nov. 1#.—Wheat opened tame, with n little Indication on the part of bulls to sell In hard spots. Heems to bn eonaid- ■ralde May wheat for sale around 79%c. Corn opened firmer on the higher cables nnd oil rulr buylug of Decctnla*r by cash houses and pit. We contlniio bullish on wheat, and favor buying corn. Clilcugo Record Herald: "Buropo will have to take ns much wheat from the United (States this year as she ever took In auy year," sold W. H. Crosby. "Hhe will not lie able to get it nt these prices, or anything like them. To supply this quantity would exhaust our stork*, which I think would euslly mean $1 for wheat In Chicago. December wheat will be liquidat ed this year on nu ascending scale. It* price will he higher December 1 than It I* now, nnd I ladlove tnnt It will be 10c higher nt tho closo of Decemlier than It' Is now. Hhort* are already nervous, but uy are no more nervous than are the jllf who have no wheal, but who would like to profit by nn advance. The market Is galnlug In activity, and with this buyers of wheat will gain In confidence* With n bronuer market the tradewvlll lose sight of ami cense to magnify the dangers qf De- ceinlier liquidation. Who owns the wheat or whether they own It for December or May will make but little difference, if it advances It will be because prices all over the world advance, nnd u temporary local speculative condition in Chicago will uot cut WHEAT WAS WEAK LOWEUT-START Heavy Realizing by Longs Is Given as the Cause For Decline. Chicago, Not. 16.—Wheat support was quite tame, fm the talent was play ing tor a reaction after several day, of advance,. Both Winnipeg and DU' luth reported the demand for caah «ra,e cioiw T of *lhK‘ettilier l> than *1*4 wheat a, good. Tho Minneapoll. bear,. who are short, were strong enough to control that market, and they were helped by the selling of a few of the larger local professionals here. Char ters at Duluth were for 600,000 bushels of wheat to go t<* Buffalo. Clearances for the week 3,742,000 bushel* wheat, the previous week 4.156.000 bushels and year ago 4,732,- 000 bushels. Corn 1,220,000 bshels; previous week, 871.000 bushels; a year ago, 1,058,000 bunhels. Closing prices showed wheat 1-8© 3-4c lower; corn l-8c up to l-4c off; oat* l-8c off to unchanged and pro- vlHlons 6ft lOc lower. Cash sales here at tho seaboard were small and Included n few straggling lots of wheat, corn and oats. Primary receipts of wheat were smaller than last year at 911,000 bush el*. against 1,295,000; com receipts 434.000 bushels; u year ago, 687,000 bushel*. Clearances for the day 455,000 bush els wheat, 167,000 bushels corn and 2.000 bushels oats. WO* 243,650 UP!! «?IS, nitniuai iii.i'iv hi I*vw and 270,315 In 1904. Mure capacity proud*?* to 1m* operated tills week, and the output proud*?* to exceed 300,000 barrel*. Flour trade with Mltiueupoll* mill* was -much of the name character a* In other weeks. If there was any variation It was In tho di rection of some mill* selling much le*s Hour, while other* sold more. Aggregate sales probably ran somewhere ahead of the quan tity of flour made. Foreign lmutuesK was Ut * * ” * ' * ~* * ually were fully 1 shilling too low. Out side mill* report flour sales considerably less than output. A Minneapolis man wired*. "In 1904 we had In Htoro November 1 8,000.000 bunhels of wheat. May wheat was then $1.16. In November, 1906, we had 10,000,000 bushels; May price was 88%e. This year we have about 1,750,000 bushel*, anil the price Is 79e.‘* wish to renew my prediction of last stdl nt $1 per 1 ■ay* W. Is. Lake. GIBERT A CLAY’S DAILY COTTON LETTER. New Orleans, Nov. 10.—The strength of the Southern markets Impressed Liverpool very favorably, and the feeling abroad In clined more readily to higher price*. Op tions were from 11814 points higher on the close, while spot transaction* tyere quoted 10 points higher, with 10,000 s^UL Tbe market today was us strong ns could be expected, taking the old of outside support. The dciunml for spot cottou Is almost pile nouieual. but offerings arc characterized ui being either generally searcq or uudeslra Me and exporter* must of necessity resort to f. o. b. lots for which they are said to pay fabulous prices. Heretofore the weatb er has' lH*en so Ideal for field work* that Its lutlucmv has beeu rather to Intensify the belief In large crop Ideas, but uow at* tuospherle conditions scent to have under gone a decided chauge, and Indleutldus point to the existence of a storm of unusuaf Intensity and of an exceedingly large area now nicuaclug the western belt and mov ing in au easterly direction. To what ex tent the presence of such n disturbance tuny Influence uuhUc opinion Is entirely de pendent upon the resulting damage, but It Is safe to assume that, coming at n time ivheu prices have already Improved consid- •rably na the result or an excellent de mand for cotton, It can create but little confidence In short sales. WEATHER FORECAST. iieorgla—Fair Friday and Saturday. Ismitdnna and Mississippi—Fair Friday; rain Friday night or Saturday. * West Florida nnd Alabama—Fair Friday aud Saturday. Fast Texas—Fair Friday; Saturday Partly cloudy Friday; Saturday rain and colder. Tennessee—Partly cloudy Friday; warmer » central aud eastern portions; Saturday LIVE STOCK MARKET. ALONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. ATLANTA. Bell Phone. Main 838. GEORGIA. Chicago*' Nov. 16.—Hogs— Receipts today 1S,u.i0. Market ,V higher; quality fair; left 4,3W»; bulk pi.108d.a6; estimated receipt* *rn*w 14.ooi>: lights $»>tifi.40: mixed $6,058 6.4T>; heavy $5.05^6.65; rough $5.£>*r5.90; pigs $5.3)86.15: yorkers $6.3086.4 •; gwsl to choice heavy $«.3.1416.45. fattle— Estimated receipts 3.400. Market steady; quality fair: Is-eves $3.9087*30; eows $l.ZHii:*': heifers fZ.mt4.H0: calves $587.75; gtKsl prime steers f5.23Cf7.30: poor to tne- dlnni $3.9)86.20: sb*dters and feeders $2,008 Hh**t>|v— Kstlmatnl rereipts Market strong: quality fair; natives I3.50k5.7t); west ern 13.5*85.60; yearlings LYi0.4v; lambs " «7.70; w estyrtt $4,&Vf/7.4u. SOUTHERN EXCHANGE Oldest Established Office South. COnOK STOCKS BONDS GRAIN Ground Floor Oould 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 «4IT. PRUDENTIAL BLDG THE COFFEE MARKET. ig It close of the New Tori today: , January February.. .. . .. March April May June August Hepterabef.. October November December Closed steady. ,,...6.10-6.15 ....6.15-6,25 .. .*6.25-6.30 .... 6.30-6.40 6.45 .. ,6.30-6.55 6.66*6.70 . ..6.766.80 . ..6,80-6.86 ,...5.90-6.00 *.*.6.00-6.05 Closo. 6.06-6.10 6.15-6.25 6.25-6.30 6.35-6.40 6.8 M9 6.666.60 6.666.70 6.766.80 6.80-6.86 5.966.00 6.0041.06 COTTON SEED OIL. Following were tho opcnlog and closing prices on cotton seed oil today: Opening. Noverol»er &%8 39 December 86%836V January 34%e34% February 84%M4 March .34 U34% _____ May 3414034# -X%8*\ Hales, 100 NovciuIht at 38%. 100 November *"*■ m “•» “ THE LIVERPOOL GRAIN MARKET. WbMt—Opnwd V, higher: nt 1:39 p. m., ttffc higher; cIomhI higher. Corn—Optmeil unchanged; nt 1:30 p. m. WBK higher; clo*«l 1464, higher. CHICAGO CAR LOT8. Below I* given receipt* today nnd e*tl mated receipt* for tomorrow: Tmnor Today. row. V*ho»t rfo « • orn 395 248 Ont* 14 199 Hog* 19,000 16,900 THE SUGAR MARKET. New York, Nor. M.—Refined and raw *ugnr market* Heady and uuchaugvd. Lon don beet market ateady. CHICAGO GRAIN MARKET WHEAT- ;l I I . LARD- Nov... 9.85 Dec.... .9.00 Jan.... 8.67% Jan... 7.82% 7.92* Mny... 7.92% 8.00 CAHII WHEAT— 7.87% No. 2 red 75^76; w No. 3 do 73075 nominal; Letting By Pin and Candle. The old custom of letting premises by the aid of a candle and a pin ho* been observed at Padwortb. a village be tween Reading and Newberry. The candle was lighted and a pin stuck Into It. Then bids were called for until the pin, owing to the heat of the can dle, dropped out. J. T. Strange secur ed the tenancy with an offer of $86.— London Evening Standard. 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. MORE POPULAR New York, Nov. 16.—Tbe Hun says: i wave of sellfng order* bad de prices for the time being on both the water, there was a rally, on covering aud good general buying, encour aged by continued activity and firmness In the spot markets at home nnd abroad, and Indications of comparatively small receipts at the Southwest today. The spot pre miums at the South are very much higher than here, and especially on the better grades. Berlsiou.ls very generally desired nil through tbe list of grades, and there Is au Idea that thla matter will-be recti fied next Wednesday. Tbe present differ- eucea make tho low grades seem to be worth more than they really are In the spot market* and the higher grades leas. Liver •ular than former- iv, largely necause or me urgent demand for the actual cotton, which aeema to af ford tbe best kind of a foundation for the r Bresent strength of the cotton situation, if,. Indeed; It does not pave the way for some* thing like a bull market later on, unless re. eelpts should pro - ' 1 ' - — ket to digest. * New Orlenns. Nov. 16.—The Tidies Demo crat soys: '* 'Show ’em n bale of anything that looks like pood cotton nnd they will scramble to get It away from you,’ Is the rather terse manner In which sellers of the nctual stuff descrll»c the spot sltuution. Htrictly In line therewith, they point out that the official spot quotations do not fully reflect existing conditions. When the •* dllng, or 10.93c. whereas, MHPW lean good middling, a more valuable grade, was quoted nt only 10%c. Meanwhile, tho rings were just about as hungry for op-i tlons ns the spot market was for goodl grade bales. In tbe main, however, shorts merely swapped places, hedge selllug l ' somewhat restricted because of the culty spot people encountered In obtain^ supplies. Since the current situation do* C Bends almost wholly upon the spot mar- let an easier tone there would Instantly be reflected by the rings. The movement Is still huge, but actual cottou buyers nro learn ing with Increasing concern that a larger proportion of desirable cotton coming luto sight has already been sold than they had calculated upon. Ilcuce, the tension. Ue- actions would new seem to be In order. TRADING WAS HEAVY All Kinds of Stories Arc Current of Sensational • Developments. New York, Nov. 10.—Tills Lnornln,', market fully maintained the .degree of strength which it had (level,,,,,.,] 0 the previous days. The principal courogement, as before, was found in the easing rates for call money and bv some rather deilnlte signs that the strain In the time money market abating. Call funds, carrying of course over the three days period, loaned free, ly .on the stock exchange today and under these circumstances whatever restraint there had been on account of tho queatton of money supplies W a* almost removed. Operations for the rise,-which yesterday and the day be- fore had seemed to narrow down to a few of the Western railroad Issues covered today a much wider range’ While the Pacific stocks and St. Paul held very atrong, leadership of siieeu- latlon was assumed by Reading, New York Central, the Pennsylvania stock, Copper and Smelters. By midday prices for these Issues were up from 1 to 2 points from last night. New York. Nov. 16.—Following the load set by London, the stock market eneoei Irregular, with the great majority stocks showing declines sreraglug from ut, % point. The strongest feature of the market wss Amalgamated, which’ opened U higher. ■ Reading was the feature of the trail ing In tho first hour and led the general market In tho demonstration of strength after a moderate decline In tho first few minutes. Operations in many stocks were on a large scale. Flower & Co. bought 50,000 share* around the room. It was supposed thst some Important developments are pending, and all kinds of stories are current of sensational news develop ments. One of the reports Is to the ef fect that Illinois Central will guarantee 10 per cent on' St. Paul, while another report relates to an interchange of holdings by SL Paul and Southern Pa cific. Government bonds unchanged. Other bonds Irregular. SEABOARD AIR LINE. PRIMARY MOVEMENT. Iff flg movement of wheat anil Wheat—Receipt* today 906,000 bushels; last week 961,000 bushels, against 125.000 bushels last year. Shipments today 635.000 bushels: last week 836,000 bushels, against 481,000 bushel* lust year. ~ today 434,000 bushels: last »els, ngalust 287,000 bush els Inst year. Shipments today 303,000 bushels, last week 383,000 bushels, agalust 543,000 bushels last year. Following, were tho closing quotations uf Seaboard Air Lino stocks and bonds: Sen hoard Air Line, common.. do, second preferred.. do, ten-year 5«. do, three-year 6f do, 4s .. .. 62% 190 ....99% .... 82 W't 82*i MINING 8TOCK8. Boston. Nov. 16.—Old Dominion Michigan J7%: Shannon 16%; Daly West -5 North Butte 112; Smelting 63. LONDON 8TOCK MARKET. STOCKS- Amalgamated Copper.. Anaconda.... > Atchison Baltimore and Ohio.. ., Canadian Pacific Chesapeake nnd Ohio, jl’rv. Great Western Illinois Central WHEAT— December.. . . 74% 74% 74% er^v.-a % ss December.. .. .. 34% 34% 34% IBfcv:. V.V. m Sg May. . . . LARI>- November. . December. . January. . . HIDES— 9.85 9.00 8.67*% 9.90 9.85 9.00 9.00 8.75 8.67% ,9.91 New York. Baltimore. Boston. Chicago. Washington. Atlanta. New Orleans. San Francisco. Philadelphia London. The American Audit Company 100 Broadway, New York City. F. W. LAFRENTZ, C. P. A., Pre«. G. E. MAN WARING, Vice Pre«. THEO COCHEU, Jr., Secretary. The American Audit Company, chartered under the laws of New York, la empowered to examine the affairs of, and make reports upon the finan cial condition of priyate nnd public concerns for directors, officers and in dividuals. The preparation and Installing of systems a specialty. ATLANTA BRANCH, 1015-1016-1017-1018 FOURTH NAT’L BANK BLDG. C. B. BIDWELL, Resident Manager. Telephone, Main 872. Cable Address, Amdit, New York. IVM. t. PEEL, Prwld.eL BODEBT P. MADDOX. Vie. Pmlflmt THOMAfl J. PEEPLES, CMhI.r. JAB. P. WINC Anlat.nt Caablrr. MADDOX'RIICKER BANKING COMPANY. CAPITAL $200,000.00 SURPLUS AND PROFITS . . $500,000.00 Accounts, small as well as large, invited. 3 1-2 per cent interest paid and compounded semi annually in our Savings Department. Safe Deposit Boxes For rent in our caults in the basement of the Empire {Building for only $5.00 each per annum. Absolute Security and all Modern Conveniences You should noi be without one. We invite you to call and inspect them. Title Guarantee and Trus^Co. ’YS&fa Third National Bank Capital Surplus Dr. JL W. Calhoun. Mtiton Dargan. John W. Grant. H. Y. McCcnJ. $200,000.00. $300,000.00. .. , DIRECTORS: j. il Nnantlly. ■i” tY J. <’»rrotl Paysa i 1 ' B. fi. Ilnraer. Jowph A. McCord. David Woodward. —