Newspaper Page Text
NEWS AKD GOSSIP
of 'the' Fleecy Staple.
Wa* expected about unchanged. Ou tbla
bails, we «bon Id open 2U< lower.
Liverpool cablet: "Scarcity of good
working grades of cotton sustains price* for
Liverpool selling, and Nordeq, Hents and
unriiiiBii ■ciiiuu, nun i
Fernle Wilson tc Co. boring. —J
mis iliunlp. him
New York, Nov. 20.—mtn uuun;. *»■■■-
jwrnturc 34; wind northwest; Fort Worth
sleeting, 27; Waco, 24, cloudy and threaten-
hue.
The Journal of Commerce
the day that prices were shqwlng i
THK ATLANTA GEORGIAN.
TUESDAY, NOVEMBER 20, 19u6.
STEADY
orders for deliveries forward from February
ou brown cottons, and agents were reflect
ing complaints that are general concerning
Edited bv
Joseph, B. Lively
MARKETS
Mr. Lively's twenty-0'
years’ experience of e
Itlng markets In Allan
and the South has mat
bln
ognlsed
tborlty In bis specialty.
TIPS FLASHED
From Wall Street.
RANGE . OF NEW YORK STOCKS AND COTTON MARKETS
NAHB OP STOCK.
Good Grades Very Scarce
and Command High
Premium.
the delays In getting suitable .grades of
cotton for quick use. It Is bonediIn the
trade that these complaints wilt grow less
grow
New York, Nov. 20.—In the face of un
favorable weather conditions In the South,
tliu undertone of the local cotton market
nt the outset this morning was easier.
Through the efforts of certain leading
bonces, which were supposed to he short,
to hammer the Hat In anticipation of the
census bureau’s ginning report due tomor*
,..nr Orleans, Nor, 20.—Liverpool 202’
down Is disappointing. Was due uncbnnge
to 1 up on our market.
Liverpool cables; “Market acts heavy;
poor demand."
A special to The Times Democrat from
Alexandria. La.. says: "Planters report
that the wind and rain of the past three
days has beaten the cotton out or the boll*
nent planter estfinate* tbe damage 12 to 1j
per cent." * . * ■
Market acts steady, but the volume of
business Is on a much smaller .scale, and
It now l>eglns to look as though sentiment
was becoming leas favorable to the mar-
present course.
4%,000 last
The gin tiers’ report to be Issue*] tomor
row at 1 o’clock was apparently tt)e fac
tor In the trading In the futures market
this morning In New York. From the ac
tion of tbe market bearish figures are ex-
pected by the trade and prices worked
lower.
Tbe Liverpool market opened 102 points
lower, and Increased the loss some 206
polut* by 2 p. m.. but for tbe balance of
the session n etendler feeling prevailed,
closing the market quiet 21J5 points below
yesterday's close.
Following Is tbe range In tbe active
months lu Liverpool today:
. Open. High. I«ow.
November .. 6.78 5.78 6.71
Janusry-Fcbmary.. f .. ..5.64 5.65 3.57
Marcb-Aprll 6.«# 5.66 6.60
Msy-Jnue 5.70 ( 5.72 6.64
For tbe first time In several days, tbp
demand and takings of Manchester spin-
tiers In Liverpool snowed a decided falling
off, sales lu thnt center aggregating 6.000
bales at 0 points better prices; making
Diddling fid.
The map is generally unfavorable, show
fog nilus all over the belt, with exceed
ingly heavy precipitation at Memphis—
nauietj
prevu
ulus nil over rne iieit, witn excceu-
lienvy precipitation at Memphis—
!y, 3.52 Inches. Much colder weather
fls lu Texas, killing frost being re
ported for Kan Antonio.
The eastern forecast Indicates rain to*
tight and tomorrow for all sectlc
•older weather.
THE WEATHER.
LOCAL FORECAST.
and Wednesday; colder Wednesday.
WEATHEfTcONDITIONS.
decreased In
presi
It to
.—,-ked ... ....
Mississippi valley and the northwest, while
NEW YORK.
—m..—_
The following Is the range In cotton fu
ture* In New York today:
I
§
5
s ii
|
1!
f&TTr.
Jan. ....
Felt
March. . . .
April. , . .
Jnne. . . .
July
lo.iV
i"
BUI
iiui
Vo'ii
10.54
10.80
wr/i
10.27
1 ■ B
io.a
10.45
ioii
in'.l
10.60
10.30,10.31
Fl.'Ki 10.11
10.12 10.17
10.28
10.29 10.34
10.38)10.44
10.54 10.54
10.46 10.51
&
10.16-17
10.24-26
10.34-35
10.39-41
lO.tt-44
10.47-49
10.61-53
10.60^
10.29-30
10.35-36
10.43-45
10.5142
10.54-66
10.504*
10.6345
10.67-68
Closed barely steady.
The New York market opened sternly it ml
unchanged to 8 points lower, November ta-
Ing unchanged; but as the session advanced,
the trend was steadily downward, mid
while there was some good buying on the
way down, a disposition was apparent to
discount the glliners’ heavy I j£t‘lnn has’ occurred from Tcxas^iiorlheast-
sr«o«..:“..Kur aftwa r r " ,o a2p"” n * *^238* , ^- T - h - e
half of the map, being freeslng and below
as far south as central Texas. At most
stations In the south sllgbtsfnlls In temper
ature have occurred. The weather continues
the wtlninte today l^ng U«,000 bales, |„. av | r *t falls occurred nt Memphis (3.52)
101AM, 101,238 the year before and , lfl( | ( inrlonatl (1.24). Elsewhere thoamounts
"WLfiLSHi ...are small. ....
A prominent New York operator persist
ently hammered the market during the
morning, and, ns n result, prices were
forced 14018 poluts lower on tbe active
positions.
Messrs. Cay A Parrott received the fol
lowing privato wire from prominent brok
era in New York tills morning:
"Detailed result of our Investigation
startling. Absolutely confirms our estlinnte
of 11,22*0,000. Fx|iect active bull market.
With crop not over 12.000,000, we expect 13.
015c. Look for moderate revisloii. quot
ing low grades down and high grades up.
Unless radical, this Is discounted here."
The New York Commercial says. In ref
erence to the glnners* report to be Issued
tomorrow: t . . .
"The last ginning report showed shout
106,000 bales a day ginned. Thn report,
which will be made public Wednesday,
covers the first two weeks of this month—
a period of perfect weather lu the Booth,
first two weeks of November
auy less than was glnneu during the last
two weeks of October. If there should be
auy falling off. It will be a severe blow
• n KMill l<lMI ’*
to big crop Ideas."
is marker last wees, ««ys. •
"While .peculator, say tbit neither ■
Merrily of tho high grade cotton nor the
revision of fra (lea ihoulil necessarily have
■ hulllah effect on valneo, the fnct remain,
that three wore bulll.h feature. In the
abend, and tome of the New
nbown n decided tlrmneaa In the apot alt.
nation there, aalea of apot cotton lielna
law on moat erery day of the week,
apot situation, both nt borne and
•broad. Is strong, and some operators he.
Here that the market has worked Itself
Into a. natural corner. In the .South ship
pers who have uinde contracts for No
vember nud December delivery are flmliug
It dlfflcntt to get the cotton, and It Is
feared that some shippers will not tie able
to fill their commitments. The inovemeut
claimed that the *-otton
sold nud Is moving to the porta and dis
tributing points for shipment."
Comparative receipts at nil United States
fir, 1 receipts today 163,663
Hume day last year 101,546
Increase 2,107
Total receipts for three days ,,.226,618
Ha me days last year.., 213,532
Increase 12.986
Name time Inst year...
Increase
Estimated tomorrow:
1906. 1906.
New Orleans 20,000 to 26,000 18,233
Halves ton 19,000 to 23.000 21,648
Houston 21,000 to 26.000 11,096
Movement at Atlanta:
Receipts today
Hnme day last year...
Increase
Shipments unlay.
.14,425
12.181
2.244
Same day last year..,.
Decrease
Stock on Imnd today...
Same day last year....
Increase
Tbe census report will ta Issued at 2
I*, nt.. ’November 21, and will show rotten
glutted to November 11. The consensus of
optalnu it that the report will ta lu the
ii. ighborhood of n.fiM.ooo.
The highest tti.d- lowest prints of the sea-
sir.u were posted,during the morning. - Just
l*nfwre tin* clow*. Xottfeb buying ennsed n
little spurt rtf netlvlty, but the effect on
prices was storM, the close bellijr within n
•'iw yesterday’s close.
COTTON 6EEO OIL.
Following were tbe opening and closing
ptlut on eotton seed oil today:
~-enfni
November.
IVivaUr,
Jsuusry. . .
February. .
March. . .
Ms
Closing.
«
M
ol €*34<
3l#034*
*»*£. and 100 May at :
The conditions favor unsettled weather
with rnlu In this section tonight nnd tomor
row; colder tomorrow.
J. B. MARI1URY,
Nectlon Director.
Minimum and Maximum Tampsratures
and Rainfall.
Ohservntlons taken nt 8 a. m., 73th meri
dian time.
Abilene. . . .
Asheville. . .
Atlanta. . . . ,
Augusta. . . .
Birmingham.
Bismarck.
Boston
Buffalo
(Ttarleston. . . ,
Charlotte. . . . ,
Chicago
Cincinnati.. . .
Corpus Christ!.
Davenport . . ,
... Paso. . .
Fort Hinlth.
tlnlveston. .
Havre. . . .
Huron
Jacksonville.
Jupiter. . .
Kansas City.
Memphis
Meridian
Miles City. ...
Mobile
Montgomery. . .
Nashville
New Orleans. . .
New York. . . . ,
Norfolk
North Platte. , , ,
Omaha. .....
Palestine. . . , ,
lMttsbnrg
Portland, Me. , .
Portland. Ore. . .
St. tanls
St. Paul
Savannah. ....
Snu Francisco. . .
Simkaiie
Tampa
Taylor
Thomnsv llle. ......
Vicksburg
Washington
Wilmington. . . ,
mn.
•— Indicates amount too await to measure.
SPOT COTTON MARKET.
lands C.00d; 'sales 6,000: American _ .
speculation and export 60*3; i vlpts 28,000;
American 32,900.
i Atlautn, steady at 10#c. ,
* New'York/qnlet at He; del. • < red on eon
tract 300. «• • * • •»
v New Orleans, steady nt lOD-lGe. .
f IlOuMuti.'.tnady nt !M4o.
* Boston, quiet nt 10.10c. 1
Memphis, steady nt 10#e.
Wilmington, firm nt 109-16c.
Ilatttinore. nominal at lie.
Norfolk, steady at 1044c.
~ ‘ nt 10M6c.
Savannah, easy
Anaconda.
American Locomotive.
do. preferred. . . .
Ain Sm* I Dug Itef. - •
• it. pref« r r **d. . - -
Atchison. .
do. preferred.
Baltimore & Ohio. , .
Brooklyn Rapid T. * .
Canadian Pacific. . , .
Chicago &. Northw'n. .
Chesapeake & Ohio. '.
Colorado Fuel A Iron.
Central Leather. . • v
do. preferred.
Delaware A Hudson.
Distiller’s Securities.
Erie
do. preferred. . . ,
General Electric.
Illinois Ceotral. ....
Am. Ice Securities. . .
Louisville A Nashville.
Mexican Central. . . ,
Missouri Pacific. . . .
NAME OF STOCK.
N. y., Ont. A Western.
National Lead. • . .
Northern Pacific. . •
New York Central. .
Norfolk & Western.
Pressed Steel Car.
do. ;
Pacific Mali. . . .
Reading
Republic Steel. .
Rack lain Pd, . .
referred.
_ — P r «
United States Kubbet.
da preferred. ,
Southern Pacific. .
Southern Hallway. .
do preferred. . .
Slosh Sheffield. . . .
Tenn. Coal A Iron. .
Texas A Pacific. . . .
Union Pacific
Ufilted States Steel.
do. preferred. . . ,
Va.-Car. Chemical. . ,
do. preferred. . , ,
Western Union.
Wabash.
do. preferred. .
Wisconsin Central,
do. preferred. •
LIVERPOOL.
The following table gives the opening
Previous
Close. Close.
6J4 6.77
close Future* opeik—
Openlng
Range. 2 p. n
November, . .5.76 -5.75 6.73
Nor.-Doc. * .5.65 -5.6614 6.66# 6.80# 5.66#
Dec.-Jan., ..6.64#4.80# 5.68# 6.59 6.62#
Jan.-Feb. . .5.64 -6.60 5.58 5.58# 6.62
Feb.-Msrcb. .5.65 -5.62# 5.60# 5.60 6.63#
March-Apri. .5.66#4.63 5.61 6.62 5164#
*prll-May. « .6.68#-5.8D ..... 6.64 5.66#
ay-June. .6.70 -5.67 6.65 5.66 6.68#
June-July. . .6.72 -6.69 .... 5.68 5.70
July-August. .5.73#-6.71 6.69# 5.69#’ 5.72
Jioseif c]
I quiet.,
ATLANTA MARKETS.
FRUI rs AND PRODUCE.
OH
Eflfra—Candled, active, 26c.
LIVE rOULTRY-Hena, active, 37#
ich; chickens, plentiful, 16fi27#c each
darks. Pekin, 35c each; puddle.
each; gees*, full feathered, 65c each; lu
active. l&tMic pouuu; bens, undrawn, ac
tive, 12#c |M>und; ducks, undrawn, fancy,
15c pound: fries, active. 14c pound.
PRODUCE—Lard, 10c lb.Phams active. 14c
lb., shoulders active, 10c lb.; _ aldea active,
10c pound: butter active, 16022#d pound;
beeswax, active. 26c pound; honey, bright,
active, 8c pound; honey In 1-pound blocks,
active. J2c pound; chestnuts active, 34.00
bushel; dried npples, 6c pound; white pea*
active, $2.60 bushei; Irtdy peas, 13.00; stock,
M.28.H
GAME—Quail, active, 15c each; doves, ac
tive 5c each; ducks, mallard, active, 45c;
each; ducks mixed, active,. 20©23c each;
wild turkeys, active, 16c pound; rabbits, ac
tire, 10c each; squirrels, active, 10c each;
opossum, dressed, active, 12#c pound; opos
sum. lire,-active, 8c pound.
arrival, per box, -
choice Ben Davis, 32.25^2.50: fancy.
3,00. New York state apples, winter varl
■Luu, orw lurk luiin nmici »■
tie*, choice per barrel, 33.W&3.60; fa]
stock,
fruit,
r, p*r bo:
Um Florid, .lock, per bu
Qmpo i
md color.
Not,, fancy mixed. In
lr>. fancy
o.o3eu.«r;
Florida
- OX, »M
__ ondred,
boxta, par
. market for thla acaaon. Will
QUot. later. Cocoannla, heavy mltana, p»r
•ack of 100, active at $4.0064.10. 1’eannta In
aacka avcraglnf 1W ponnda each, owlnt to
—ida, per pound, 4M6*n> Umca, 40c per
G?
VKfl RTABLEB—Dccta, cahliaae era lea,
active, $2,60 crate; cabhaf., aUndard cratpa.
lHc pound; cabbage, narrrl., lHc pound;
ea* Plant active, $1.60 crate; cucum-
here. $2.00 crate; tomatoea. fancy, active.
onion., dry, actlro, 26c bnahel. *—S| I
| ee. active No. 1, SOc bnahel; celery, fan'
, du’.l, 12.00410,00 crate; pepper, active $1.21
cauliflower, active, WMc pound; lettuce,
headed. $2.60 drum; avreet potatoea, yellow,
dull, 60c Itunhel; aweet potatoea, white,
dull. 40c linahel; kraut, half-barrel, $3.76;
rutaboax turnlpa,
FLOUR. GRAIN AND PROVISIONS.
FLOUR—Illgheat patent, $S.$0; heat m
ent $4.10; atand.rd patent, $4 16
■miiiMru n.w.
90; spring wheat patent, 35.
“ -Choice red cob, 89c; No. 9 white.
t. 12.90;
:oRn-(
•; No. 3
noire, 69t; «»iu t-r«|i *^«*. >• wj mu
died. 67c: new Tennessee white. 66c.
OATS—Uholc* white cllpned, 60c; 1
rhlte, 49c; No. 2 mixed, 48e; Texas
MEAL-Plain water-ground, per bushel.
file; b6lted.JI40-^ound jutes, per bushel 60c;
; pur ‘
11 AY-'
11.35; nnre I
do., cbMct
clover mixed, 31.10; do.. No. 2 clover mlxod,
11.15. Choice ermuda, 85e.
UYR—Georgia, $1.06; Tennessee, 90c. Bar-
prices ore f. o. b. Atlanta.
\Tt» untsjmcta mmiiiiBV
PROVI8IONH—Supreme hams. 16c. Dove
hstus, 15r California hams. 39.00. Prj
i‘xtra ribs 9; iKdlies, 20.5 pounds. l(f;
“*ntes 8; Suprer" ’ *
compound 8.60.
Augusta, steady nt 101316c.
TODAY’8 PORT RECEIPTS.
Ttb the s:uno dyy
New Orleans. .
<;ntvi»stmt. . . .
Mobile
Havamiah. . . .
Charleston. . . .
Wilmington. . .
Norfolk
Boston
Philadelphia.
>rtn Fraudik-o. .. .
.laeksonvllle. ... ,
Pensacola
22665
53141
2961
1W
1906
28764
395)6
3538
12*77
13R
2517
581
GIBERT & CLAY
I# A ALABAMA AT.
ATLANTA. CA
xchsag*. 1 New Orleans Cotton Exchange. I Chicago Board of Trade,
xchaagt. New O: vans Stock Kx^hnnge. \ Liverpool Cotton Ass n,
xebsnr*. I New Orleans Board of Trade. ! Onlrestou Cotton Ex.
PRIVATE WIRES TO ALL EXCHANGES.
Lsral and Long Distance Telephcns S298. C. E. KEPLINQER, Manager.
GROCERIES.
SUGAR—Standard granulated, $6.10. New
York refined. 4#o; plantation, 6c.
COFFEE—Roasted Arbuckle’s. $16 50; bulk
tn bags or barrels, 13c: green, 10O12c.
RICE-Carolina, 4#®7#c, according to the
grade.
CII RESE—Fnncy full cream dairy, 15#c;
twins, 15#c. /
Mullet. 39.00
FISH.
barrel; bream, <OTc
per |>ound; trout 8c per
i>vuiiii, inue nsu, ec |w*r pound; pompsuo.
|SO20c pound; mackerel. lJ#c pound: mixed
fish. 6c per pound; fresh water trout, 8910c
pound.
•older In Nouthenst portion.
Louisiana—RkIn Tuesday: p4Mt*lh|y snow
In northwest portion; niueh colder; Wed-
NEW yiLEANS.
The following la the range In cotton fu
tures In New Orleans today:
i
o
u t S® I
a 3 33 1 ?
a
Nor. . , , ,
Dec
Jnn
Feb
March. . . .
April. . . .
May.. . .,.
June. . . .
July
to. 46 10.46 1". 16 10.46110.40
10.41‘10.4111025,10.31 10.29-30
10.45 10 4'. 10J^10.33 10.33-34
1" 10.42 10.27 10.42 10.40-42
10.69 10.50 R42I10.47 10.46-47
10-5*> 10.50 1 10.50 10.53-65
10.8T lo.« 10.66'l0.60 10.69-80
10.61 10.61; 10.61; 10.6110.64-66
10.65 Uff.'10.65,10.66 10.89-7!
10.66
10.48-47
10.5041
10.57-69
10.84- 65
10.71-73
10.75-76
10.81-83
10.85- 87
. Cloned steady.
DOMESTIC NEWS
LARGELY DOLLISH
Caused- Firm Market for Wheat
Early—Northwestern Ite-
ceipts Falling Oft.
Chicago, Nov. 20.—Trade In wheat
was rather, quiet, although the feeling
waa nervous and price changes nar
row. -The talent favored the bull aide.
Cloalng prices showed wheat l-8c off
8@14c lower, and provisions
some better.
Caxh grain tranaactlona were small,
and Included three loads wheat, three
loads corn and 100,000 bushels oats at
the seaboard. Chicago reported 22,000
bushels wheat, 36,000 bushels corn and
300.000 bushels oats.
The world’s Available supply of wheat
decreased 660,000 buahela for the week,
compared with Increase of 4,064,000 and
3.372.000 bushels, respectively, a year
ago.
Corn decreased 801,000 bushels and
oats Increased 814,000 bushels.
Primary receipts of wheat 1,069,00()
bushels and corn 602,000 bushels, com
pared with 1,665,000 and 908,000 bush
els, respectively, a year ago.
Clearances for the day were 497,000
bushels wheat, 26,000 bushels corn and
no oats.
NOTES ON GRAIN;
PointeVi on Provisions.
Private Wire to j (llbnrt & Clsy.
Chicago, Nov. «20.—We f»*ol bullish on
wheat, ha sect on,tho omnzlng strength of
tho Minneapolis’ market, both for rusb
and futures, iMilling demand also much
Improved. Primary receipts way unden last
year. ;
May corn Is .being lwmght for Investment
on nil soft spmi. Heavy movement may
cause . decline "In cash and nearby deliv
eries, but not likely to depress May. except
temporarily, though to no appreciable ex
tent. N
The milling demand for wheat is excel
lent, and all signs point higher.
Corn Is a purchase on every slight set
back.
Chicago, Nov. 20.—Still friendly to wheat
nnd corn. Believe wheat will show more
strength for the present than corn.
There seems to he good denisnd for oats
nnd receipts likely to be light, because
movement will favor corn.
The movement'of corn will probably de
press nearby positions, but do not believe
It will hurt May corn. Thnt looks cheap
tiough. nnd has plenty of friends. Would
It for Investment on all djps.
_a» .
Provisions offerings not heavy, and mar-
ket ought to do better. Today's hog ro
celpts at western pointy 36,QO0„ h ‘
a year ago.
Prir
Win
llbert & Clay.
' New York. Nov. 20.—Marshall. Spader ,
Co.: "Either In expressed terms or b
innuendo, the sharp break lu tbe tnarkf
yesterday afternoon was laid at the doc
of financial Interests acting In restrlctlo
atio
nphl
luinceiueut lu values. If we are to taki
this view of It, It argues for a steady
market on any further decline, and, pel
hnps, one favored by more strength lu th
specialties on professional support than
general public Interest In speculation, lack
of which has been a' conspicuous feature
of the market recently."
Dow-Jones’ nummary: Americans
Lomh»n irregular neat* parity:*
Baltimore nnd Ohio directors re-elected.
Great Northern melon cutting In counec-
tlon with ore lands expected early lu De
cember. \
Itmyslan finance minister makes favorable
statement denying any need for borrowing
hums conn
THE FHTUffi HRLI
at present.
three,months” Increase 3
No confirmation of rti
- rumors of Federal in
veKtlgation of American Smelting.
Rhode Island official says ear shortage
tbe only serious distttrblng factor.
heavily, nnd nt present rate will _
able to meet December requirements.
No net loss of cash to interior expected
during rest of the year by banks here.
Twenty-one roads for second week In No
vember show average gross Increase of 12.17
per cent.
Thomas F. Ryan retired from large nun
her of directorates.
Twelve Industrials declined .28 per cent.
Twenty active railroads udvanced .31 i**r
Central Is In a strong upward
against the shorts, and should be bought
for turns when soft.
Buying of Ht. Paul on these reactions will
give fair returns, as on Important develop
ment Is approaching.
The trend of .Erie Is more strongly up
ward, ami Morgan buying Is reported.
• We believe Louisville and Nashville
should t»e tonight on this recession.
United states Steel should cross 50 In
few <lnys.
Union Pacific may now Ik* bought for an
other tarn, but prefer purchases when soft.
Copper. Is to lie worked higher, we un
derstand.
Bull tips circulate on Anncoude.
Sngur cun he-raised further now without
inch opposition. Boston is buying it.
We believe” Atlantic Coast Line will do
better.
Southern railway should be bought ou re
cessions.
The rise In Katy Is not yet finished,
but Vp would prefer It on reactions.
The’ Gates crowd Is bullish on Republic
’Steel nnd Car Foundry.
On any further reaction. Mmeltlng inny
p bought for a turn, regardless of the
news. Atchison may he taken when soft,
bnt not when strong.
* Cauudlnn Pacific may be lmught for turns
on recessions.
; Pennsylvania should be bought on reac
tions only for the present. The same inny
Ik* said of Reading, owing to a new de
velopment In Reading.
Southern Pacific meets a little stock abore
98, but should be bought on easy spots.
L. J. ANDERSON A CO’S
DAILY COTTON LETTER.
New York. Nov. 20.—The New York 11 ■'rnc*wa_
market opened 2 to 10 off thla morning
In response to weaker cables than ex
pected. After the opening therein* a
disposition on the part of shorts to
cover which steadied prices for a while,
but an estimate from Mr. Price on the
bales ginned, against 7,400,000 Vut
year, and caused prices to break rap-
January,
Advanced Sharply 5 I’nintg
During First Hour
the Session.
of
MORNING TONE
EiiiM
Standard Oil Interest
Bull Side of Reoei
Market Leaders..
On
Ne
York. X
Renewed «:■
noy rotes wax the
■idn*
i|»1
of tb<
Influence in thU^tnornlug’s cotton i,
Opening nt 6 per cent, the call lo-m
«/vnoc,M! io 7!.;. in,I while „tr "i
"round thl. (Inure were «neb to
rule down Inter, the avenge nn *d,t,
day s borrowing was arranged w»« .
crnblv higher than nt any time Min.,. Ih.
middle 4>f last wci-k. Without nuv
devf>h>(»lng against tin- share Hut. op. tVl«»na
for tin* vUi* slackened In the swlfi Y.-^I
which'they had set at the outset nf th*
week. oFr the first two hours prices to„v».i
with extreme lrn*gulirlty. Ortab, „f t ?i
recent leaders, among them, the iVoiiw
Smelters. Itcn.Hng nud Peunsylvani i.
Inellued to yield to prollt taklpg. n, u .ku
was more than offset by the great strength■
of ^ther stocks. — «» ^
of .other stocks, such ns Kt. Paul. \., r Vh
western. Rock Island, «LouIsvllle and \ ai S*-
yllle. ami People’s 06s. By nilddav th*
persistent buying of these Issues had
to turn the whole - market upward
The stock market showed a firm ton*
through the first hour, with aggressive
lug In a uunilier of stocks In which itnim!
tiinf ilru-ntiiiiinonta «i-n imiiui..ul ... ■ 1 .
taut developments are supposed to I"
— —-W. (>ntn.l w.i‘thr ^Htu,,,' 5
Ing. Illlmv
I Interests are known t.. h«
stocks that hnvc beeli mnrket leader
the hist nine days.
Government minds unchanged. i
SEABOARD AIR LINE.
Sen lion rd Air Line stocks and munis.
... preferred.,
do. ten-year Gs.... ..
do. three-year 5s
.. Go
...100«4
... 991$
... 81 » 4
MINING STOCKS.
Boston, 'Nov. 20.—Arcadian 14H: Wnlrer-
Ine 180: Allottex 140; Hhnunon 16#; North
Butte 110#; Trinity 12#.
LONDON- STOCK MARKET.
Amalgamated Copper.. ..
Anaconda..
Atchison
Baltimore and Ohio.. .. ,
Cntindif)ti Pselflc..
rhesnpenke and Ohio.
Erie..
CHICAGO GRAIN MARKET.
for today follow:
Open. High.
737*
36
441,
8&
42 ’ 42#
S3 3ft
i*
3274
WHEAT-
fc % %
D«*c..,.. 42#
May 43%
July 44
OATS—
Dec 33%
May..., 36#
Jan.... 14.45
May... 14.65
* LAUD-
Nov.... 9.30
Dec... 8.67#
Jnn.... 8.45
BIDES—
Jnn.... 7.70 7.83
May... 7.82# 7.92#
CASIJ WHEAT—
. No. 2 re»1 75ti76; No. 3 db 73«76; No.
Until Wlnt(r 74H4C76; Nu. 3 d.i V<!7444.
9.30
8.76
8.66
9.2214 9.2214
1.7764
CHICAGO CAR LOTS.
llelow I. gtTen rocnlpt. today and e.tl-
mate<l receipts for tomorrow:
Today. Tomor.
Wheat 57 38
NORTHWEST CARS.
cars of today, last weel
. Isit ’Last
Tmlay. Week. Year.
Minneapolis 241 265 SOS
Duluth » 419 663 664
THE LIVERPOOL GRAIN MARKET.
Wheat—Open «4 higher; at 1:30 n. ra., #
lower; closed uiichniig«*il to # higher.
THE COFFEE MARKET.
New York. Nov. 20.—The market opened
steady at unchanged prices, which wns con-
shlered n little tatter than due on the ca-
Therr was evidently some strong
Writ Fluridn nn.l Alnlutnui Hnln nud tnUI H|> In rireulniton. It wn» rnmnrnl Unit
much cohlrr Tunutav; XVednvnlnr probably | *l«na«;l tej. yi-iterduy. which nttnt.-t-
fair. 1 ! e«l some attention, was for the aeconut of
Mi*slsslppl-IUln Ir. south and rain or I ^ y ] ' me «® lenders In the
imv lu north portion Tuesday; Wednes | vatorlratlon plan, nnd there were vague
day colder.
East Texns—Rain on the roast: rnlti or
snow In the Interior Tuesday; colder In
east it ml south poitbms; Wetluesdtfy fair
a ixl — *-
*1 warmer lu n«>rtbw»*st port lea.
West Texas—8now Tuesday; \Yednes«Iay
fair and warmer.
Arkansas—Snow nod colder Tuesday;
Wednesday fair trad colder.
Tenuesm*e— Kale In east, rain or snow in
w**s» portion Tuesday; Wednesday rnlu and
c«»Mer. *
INTERIOR RECEIPTS.
ALONZO RICHARDSON & CO.,
PUBLIC ACCOUNTANTS
, AND AUDITORS
Empire Building- Bell Phone, .Mam &>3.
ATLANTA. GEORGIA.
The following tattle shows receipts at the
uterior towns todr - —“ ‘ “***■ **“
ante day last year:
3)403
2»e
2«W
3
2164
522$
(hat some nuuouurciueut would be
made in the near future as to further val
orisation development*, which wouhjf ‘
_ evetaw
very bnlllNh. The Eurepeau market sbt ..
e«! very little feature, but a private cable
from Havre said that Santos receipts were
ex pectin! to fnll «>ff In the near future,
but tbe mnrket there mas evidently uot In-
flueuevd by this ex|H*t tutlon. as prices were
net uucliaiigiHl when due to come a shade
higher.
Folio-
Following is the opejtlag range ,nml
Hose of the New York coffee market for
today.
Opening
Range. Close.
January 6.294.35 6.154.20
February 6.3J4.35
March 6.404.45
April 6.504.a
Ms
Jnne ..
-July
August
NcptenilM>r..
..6.65
. .6.C4.75
..•.704.VI
BAD WEATHER CAPPED
CLiMAX FOR A BEAR
New York, Nov. 30.—Tho Sun lay*
"The weather hewe capped the climax
(or a bear. Ha had cot used to stron*
spot prices, biff buying by mills and
exporters at thh South and heavy cov
ering of hedges here. He had grown
accustomed to light receipts, reports
of holding bs*k, car shortage and a
scarcity of \4hat a spinner must have
If he Is to-make the fine gpods which
his trade demands and that Is line
grades of raw cotton. His fears of
bad weather; had been dispelled when
the low barometer In Texas lost Fri
day seemingly failed to produce results.
Whst he did not expect was what he
actually got, and that was cold weath
er, heavy rains, amounting In some
sections of Alabama, It seems, to s
veritable cloudburst, and to cfown all.
snow or sleet and appearance of same
In Texas and Arkansas, and al.o cold
rains In the eastern gulf and Atlantic
slates. The bull, too, could still boast
of holding all the old cards, not forget
ting the predicted revision of spot dif
ferences tomorrow and of a bullish
glnners* report on the same day. No
wonder that some of the big shorts be
came disgusted and covered. One Is
said to have bought 36,060 to 40,006
bales. Latham, Alexander & Co. esti
mated the crop at 12,160,000 bales,
which also caused covering, as it Is no
larger than the world’s consumption us
estimated even by Mr, Ellison. The
world’s consumption, however, Is more
likely, to be \l2fj600,000 bales. Latham,
Alexander & Co. said: ‘We beg to sub
mit for your Information our annual
estimate of the cotton crop for this
year. The result Is the average of
more than 5,000 estimates addressed tn
us by reliable bankers, merchants,
planters and cotton buyers, residents
of the different cotton-growing coun
ties tn the South, and we regard It as
correct as It Is possible to obtain II."'
—albert and Clay.
PRIMARY MOVEMENT.
The tallowing figures give the primary
lavement of wheat nml com:
tVbeot—Iteeelpts today. 1,070.000 Imnbels:
lust week 1.236.0(10 bushels, ngnintt 1,304.000
bushels last year: shipments tinlay 742.000.
LIVE STOCK MARKET.
Chicago. Nov. 20.—Hogs—A simile lower
nlives fnlr; estimated receipts _
OSO^roif'h (LUfl $6.904:0.30;_ heavy $5.&y
em $6.16©«.2I); good to* choice heavy’$J.2o!«
t-uttlo—Estimated receipts 8,500, Hood
stendr; others weak: breves $3.86447.35; cows
ll.304H.30; heifers fc.40®4.90; eolves $Mt
W), K«>ou nrlmp strera 35.2007.35: poor to
mpillum 93.50^5.15; stockera and feeders 32.60
Hbciop—Estimated reeelpts.20.000. Market
■trO|fifa£Afjggjtt£§tf§fiSMtf|ga^gAg|8g^
yenrl
rrn ‘
>nerp—ftanmnitMi reeripi* .zu.uuu. Market
one; native $3,604*7.70; western $3.5065.65;
l * Inb * W - 50 ® 7 -® :
do. preferred.,
mlsvllle nnd Nnu
dextrnn Central..
Idly to 10.12 for January, The bears
figure that thin Indicates a bearish
less v *thnn government report for tomorroiy, tn Knnsns nnd Texns/.
view of Mr. Price’s former guesses, and ,,fl
foreeastn a yield of 12,600,000 to 13.-
000,000 bales, The’ke figures were used,
as a lever to hammer prices apparently
for the purpose of getting rid of some
of the large long following. It is gen
erally expected that the report tomor
row will show about 8,750,000 bales
ginned, and should It prove less than
this no doubt the bulls would take
full advantage of the difference. It
stems to us cotton should be bought on
the dips.
Norfolk and 1
Northern Pacific.. ....
Ontario and Western.
102#! 1014
inviw#
4-47x1 *45#
76#| 76#
146#ll4S%
Rock Island.. .. ..
Southern Pacific.. .. ,
Southern Railway.,
do, preferred.. . .
St. Paul
Union Pacific
140 !ho»4
Its#! 113#
inlhi imp
j, 187#|lS3«4
Wall
’erred..,
ill«#
i 48#' -18#
1106# |H0#
THE METAL MARKET.
New York, Nov. 20.—There waa n better
nqtilry for tin. -
Popper nnchanned.
Lem I and apelte
iter were unchank^h
THE SUGAR MARKET.
New, York, Nov. 20.—Refined and rn
sugar markets steady nud unchanged. I^i
lion beets steady.
Safe Deposit Boxes
For rent in our oaulls in tbe 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 to call arid inspect them.
Title Guarantee and Trust Co.
(T
iMiniic■» mm jrnr. *iii|mih-iii* umuy f
bushels, last week.710.000 bushels, against
854.000 bushels last year.
f'oru—Receipts todny 690,000 bushels; last
wef>k 630.000 Imshels, agnlnst 908.000 bushels
ti gul list 38,000
SOUTHERN EXCHANGE
ATLANTA NATIONAL BANK
ATJLANTA, GA,
C. E. CURRIER, President. .
H. T. IN^AN, Vice-President.
A. E. THORNTON, Vice-President.
» GEO - R - DONOVAN, Cashier.
JAMES S. FLOYD, Ass’t Cashier.
Capital $500,000.00
Surplus and Undivided Profits $500,000.00
We Solicit Your Patronage.
Oldest Established Office South.
COHON—STCDIS—BONDS GRAIN
Ground Floor Could Building. Dally
mnrket letter > nnd market manual
mailed oh 'application.
L. J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS. 6RAIH
CorrGspoadent's*Capi(al $250,000
REFERENCE. THE NEAL BANK
PHONE I4IT. PRUDENTIAL BLOC
HUBBARD BROS & CO.
COTTON
L* MERCHANTS
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
fee Exchange, New York Produce Exchange.
Business solicited, for the above exchanges.
Direct wire servit’e. Correspondence invited.
Phones 454, Long Distance 39. A. S. Hustace. Mgr.
i
(
