Newspaper Page Text
i
'HE ATLAN'
GEORGIAN.
TUESDAT. NOVEMBER ii. I?' 1
FOOTBALL RUSH
: FOR GOOD COTTON
v Buyers Of the Staple _ Iu-
• "structed to Take Tlieir
Limits Off.
tf*- *\
I SITUATION STRAINED
4V NEWS ANA GOSSIP
of the-Fleecy Staple. ;
Private Wire to Glhcrt A Clay.
Sew York, Nov, 27,—Uvt»rpool uf 13;3<
filvt*nwoI cable*: “November conier hoI«J»
market.*’
Mitchell buying November nt 11,70c.
We are bullish on the market, but pre-
for to wait for n reaction before buying.
The nnuual estimate »f American cotton
crop issued by Dick 'Bros, places the yield
- *— -* 12,114,000 r •
ew York cotton exchange Is 12,457,-
f;
js Market' ! lad a Set 'Back in
f the Early Trading This
Morning.
New YorU. .Nov. 27.--Tho situation of the
ppiit nrtlcli- still dominated the cotton
market, and with higher cables from Liv
erpool furnWPed the chief Ini pet OS to the
market hero at the outset. Business among
commission bouses was less active, and pr«>-
feiulynal broken* did considerable realiz
ing .».»/**’ 1
yesterday, I.ivcr-
to come about
n ml ndvnuco*
?t*m
On New York's closing
* pool this morning was at
4 5 points higher for futures, nml advo
4* of ?tis iHiiuta wgre.tHicmiragmg vtp
. bulla in-the American markets. The’close,
J higher than the close on Monday.
Following is the
In the active
High. Low.
6.08 5.96
5.85 5.78
5.87 5.80
5.01 5.84
months fu” Liverpool Daisy:
5.80
5.81
May June 5.85
In the matter of price, the spot market
was strong, middling being quoted 33
points’higher nt &2hl # 1hc - best price
reached in months. The small takings by
splnncra was not encouraging, only 6,000
, bales changing hands at the advance.
In New York, November opened %c high
er nt 11.30c. which Indlcatea that the
aborts, who were sellers on expectations
early of a bumper yield—13,000,000 to 14,00n,«
000 bales—nre experiencing quite a little
difficulty In delivering the good*.. 4 ,. .
The active list,opened 6© 10 points high
er. but the ndvanee met heavy Ihiuldntlng
aales by longs Immediately nfterjthe ot.eii-
Ing. nud n sharp decline of* 13017 points
followed. Up to midday, the market had
s downward tendency.
.TJu?.,Nuw York Commercial snys of the
"'•The raSrS'fautiPUain not f.H to »•
llnct the «rot nlttintlon. -tail-the i.ltu.tltn
• Immptr wn. goncroi. ereu wruro 100
opened: HI fort,' for 1.1* d«ai.rs agll far
nlieful—theri- «vss « fr,» ryWHIO* -ot.-itilgh
ndr cotton. Now the mllhi.orn.cIninorlnB
for their cotton nnd the spot dealers can
not get It. The little dealers have coin-
nu-iuvd• to "lay ,<l«wn."', ; Tlrt». of coilrije.
iimki-H It harder Tor the Ida noople. too
mill, will have .to ,|>ln what they can B*'t,
noil Mil, l» nmk I me an enormous deronml
for unnlon nniler ibow- which hnve- been
niont pstenslreljr contrortmt for. Iti-port,
I ho licit tel! of l.nfcr, ro.l-lvn* In
struction. to mko their limit olT. nml there
I, n footiml! mill for every Imlc of good
cotton Hint iliown up. Some people Insist
thill there enn not l»- such n very Inrite
mop when 1,over, nre huvl.ilf sur-l, hard
wink b* get their cotton, while others be*
Ih-Ve Hurt there Is plenty of cotton, but
flint tin* trouble Is flint It Is nil low grade.
ratlvc receipts nt till United States
'Othtnerrc: / . * r An ln-
hsiness was noted Id
the primary market at the opening, nml
'*■ ’ -ecelved additional orders for spring
s through the mails uud through
resident buyers. Advances In wide sheet
ings nre being nmiouncwh^fftid-substantial
advances 'Iff nk-kett>d TiionrUed frauds are
likely to made nt-muy time. dviu■mleiir
in some measure on the prolmbijlty of
making amicable wage adjustment*, in New
England mills.” * 4 i ,l
New York Commercial: “There is no
doubt but that the spot *1 tout Ion Is Intense.
The intddlemnn has contracted to deliver
grades that be enn not get. If the mills
who hold the contracts demand their pound
of flesh. It Is difficult to foresee Just
wbnt the ontcome will be. The little
knot fellows hnve commenced to *lny down.*
There were three *Jny downs* reported from
Georgia Saturday morning, nnd there will
be others In different sections of the belt.”
**The public has commenced to come Into
the market,” said one leading broker, “if
It Is not fought too bitterly right nt the
start, every broker will have nil the bind-
jicss he rt an .attend to before the season
is very much older.*'
New Orleans, Nor. 27.—Liverpool nt 8%
tin may be considered a good market, al
though duo 1 Off 11 up on New Orleans.
Was expected only points up on New
Edited by
Joseph B. Lively
Mr, Lively'* twenty-five
years* experience of ed
iting markets in Atlanta
and the South has made
Mm h recognized au
thority in bis specialty.
TIPS FLASHED
From Wall Street.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
NAME OP 8TOCK.
ApwlAimated Copper.
AUasMv«*.Coast- l ine. .
American Sugar Rsf. .
Anaconda.
American 1
do. preta
American Cot*on (HI. .
Am. Car Foundry. .
Baltimore & Ohio. .
Brooklyn Rapid T. . ,
Chesapeake A Ohio. .
Colorado Foe! A Iron,
Central Leather. . • •
do. preferred.
Deluware A Hudson. .
Distiller's Securities. .
Erie
do. preferred. • . •
General Electric. . . .
Illinois Central. ....
Am. Ice Securities. . •
Loinsvillo A Nashville.
Mexican Central. . . .
Missouri Pacific. . . .
lifts'
NAME OP STOCK.
N. V., Urn. ^s Western. . ,
Xstloimr l.mrt
Northern 1‘aeltlc. .....
New York Central
Norfolk A Western. ...
Pennsylvania
People’s list
Pressed Steel Cer.
r.cSfesafirr?:-:
Heading.
Republic Steel.
Rock Island. .......
VnUed zVnuFu'abbn.'!!!!!
do. preferred. . ... . ,
Southern Pacific ,
Southern Rati way. .....
d° { J* r «f«r»**!
Sloss-sheffleld
Tenth’Coat & Iron
Texas A Pacific
Union Pacific ,
United States Steel. ....
do. preferred
Va.-Car. Chemical. • . • . ,
do. preferred. ......
Western Union. .......
Wabash
• do. preferred
.Wisconsin Central
i do. preferred. . i . . .. .
tides nnd uu
|bdng
dlspo-
of longs
.... 79.609
.... 81,521
rrr—
.... 191,470
. • . 179,005
t.. 12,884
...4.004*99
.. moso
2.474
1,332
1,142
u t Compn
T Aortiv.* •
Vet reeeffd* t«alny
ifniiie day Inst year
| ' rb^frnsT*. .**.: *. "12 *.*.**^ r
, Total receipts for three days...
Hnim* days last year.. .. *.*«•
Total receipts since September 1
: Same time last year
| ■ toe reuse.,.. .. .. ..
Kstiuiuted tomorrow:
New Orleans 14.u«> to 16.1
Galvestou l.i.o>* to 2!».
. Houston I,.«W ttt 2».|
Movement nt Atluuta:
Receipts 'today.. ..
Same dny Inst year
Incrensp
Shipments today. *•••» •**
Snme day Inst year le£8
Stock «»n hand today .. .. 17,015
Same dny liuit year IL-*™*
5,809
, In the trading, the flump was continued,
due to realizing wales, and reporta that the
South was nffennirnpot cotton morn free-
Ir. The «li*cUuo wri ^confined to cotton for
future deUyery. however, the epot marketg
generally Hiowlng unchang^I quotations.
In the lust few minutes the. decline mot
with *«oae resistance, nnd the'beam-show.
M some nervousness, and on light cover
ing by this element a rally of 203 poinU
from the low points was recorded, the
rhmn Mne sternly 31C14 l»o!nts lower for
the active months. November closed 4o
polite higher^ ^ . *•>#* * - •t * a *
SPOT COTTON MARKET.
innimig upisnoe o..iu; suirs n.ow, mum-
nu 6.4&*; speculation • and export GOO; re-
ceipte 30,000; American 18,100.
Atlanta, steady at lie.
New York, firm nt 11.40c.
New Orleans, easier at 113-!Rc.
Boston, steady at 11.40c.
Houston, steady at 11 l-l<Sr.
Memphis, steady nt 1015-l6c.
Galveston, tinn'nt 11 tee.
Baltimore, nominal nt 11c.
Norfolk, firm nt llUe.
Middle, atendy nt W-
■ WtlmUigUm, steady nt 10Hc.
* t’hnrlesTou, firm ut 10Hc.
Savannah, quiet nt 10$*e.
St. I.ouLl steady nt lie.
Augusta, tirui at ilUc> ,
. . he lnfluefiet
fnvornblo wlutiner^iivliig
feet ujxbftvnrfrHf, wht there
sltlon nt tfic.momont on the
to liquidate/ * *“
I^ater LIverpol
of strength or Sou them market, the feel
ing here la bullish.”
The long Intcrst Is beginning to liquidate
freely.
The spot market Is variously quoted, some
ly unchanged, some %e up and
a similar amount lower. The general sit
uation Is undoubtedly quieter with especial
referenee to the demand.
The western foreeast Indicates show
tonight and eolder for Ixmlainnii and south
east Texas. For the balance, fair nml cold
er l»oth tonight nnd Wednesday.
The ensteru forecast Indicates, fair nn«l
colder weather tonight'nud Wednesday.
GIBERT A CLAY’S
DAILY MARKET LETTER
New Orleans. Nov. 27.—Although more fu-
vorably Impressed with the course tlmt
the -American markets have pursued, t
foreign market fulled ngnln to furnlsb
full response to our anvuuee of yester
day. Options closed 4Q5 points,higher .than
on the previous day. While spot quota
tlotis showed tin advance of 13 points, with
salts of only 6.000. Thp first wunlng plgns
of the decreasing demand* for cotton w ~
fully reflected In the lower prices for c
tracts In today's session. Thursday be
a holiday, but two more market days
main In which November commitments i
to be fulfilled. With this Influence tern
porarlly over, nnd December forward ship
mont* In n Jarge men sure provided for, ow-
lug to the fear Hint the present ndvntic
would prove more extensive, iintumll;
creates the belief that, for n while, at least
the market’s support must come from oflm.
sources than an Insistent deuinild for •cot
ton. Then, the weight of the movement
which. If the dearer wenther promised Is
realized, should be less restricted than now
seems to be the case, would, lit all proba
bility, niter somewhat the sentiment that
has materially nUlml the present advance.
New York, Nov. 27.—The market wr
strong today, without great activity nml
support appeared liberal In most important
directions. Rending nnd Copper were early
marked for an advance, and the Union
Pacific annual report was made the basis
for good buying of these aborts, which
encouraged activity throughout the list. A
report was tmhllshed of a possible Issue of
Great Northern stock In the shape of
bonus or dividend. While there w
nothing decisive In the trailing Unlay, tin
n manifest jUspysitlmi - on , the part
'perntors to make long cumulitmeats
more freely than recently in evidence. The
near future of the money market gives »soine
definite promise of becoming easy. It Is
Iwdleved that, owing to the polh*.v of
American financiers not realizing on foreign
balances recently established through e*
mcrclnl sterling, that the Bank of Fug
laud will be In a’ posit Ion to redufe their
rate of discount during December; per ha
Just of ter the next fortnightly sett!
meat.
STOCKS REVIEWED
BY NEW YORK SUN
ork. Nov. 27.—The Bun say*: “Whitt
to figure most prominently In tin*
discussion of speculators In the financial ills-
trlrt yesterday—who, of course, regard the
market from a short rangrvaf.vkMv—was the
contlhtml weakness In the *01111 group «»f
stocks* nml the GreacO.'orlitern railway's
fltrtiflrftt#; w'a«|lngW si. fl'anl
re*, which Indira tea apparently that tjte
•nt rise In the price or the security lie-
tokened no nnbetnuHut favorable develop
ment eoneernlng the property, am! rumor*
that the Union Pacific annual report, which
will. It Is expected, be* Issued this'morning.
TODAY'S PORT RECEIPTS.
The following table shows receipts nt the
Interior towns today, compared with the
Mias day last year:
on tun tut b-
i*harlestou.
Wftmlngtoi
ladelpbi.n.
iVOsrtn. •
TpIAI^v
will n«»t prove t<* be a doetuneut calculated
to excite os much enthusiasm as has for
some time been supposed. An Impression
tvns current that tlie figures of .the coni-,
pauy's earnings In the Inst fiscal"year, u*
eiiled In the report, would In* practically
■ same ns those set 'forth In tin* prelimi
nary statement Issued by the company lust
August, although It was held that Hie coitt-
puny's income from investments might be
■liown t«i be somewhat larger than wn*
originally stated. The,rumor was circulated
that the company's net revenue applicable
to dividend* on Its common shares from
both the operation of *ystctn nud from the
Income from investments would not be
• more than 14 per cent, whereas It has been
i thought recently that the company's earn-,
lugs from Dio o|>crntlon of the system alone
would reach this figure. It will be very
surprising, however. If the report does not
exhibit a large quantity of unmortgaged
or free fleets In the treasury.”-Gllwrt A
Clay. * . .. • * v*. • ••
COTTON SEED OIL.
Opening. Closing.
November 40’«4t4l 4'»i%4C42
December
January. ....... 3»* «|26U
February n5Vf f 36» 4 7
March ^gr»*44i3K
May :Y»Vci15**
Bales, 2:Vl \o%en»ber at 40*^, ltJO January at
36. 2»«i Mnndi at 36, and 1*X> May at
Closed steady.
INTERIOR RECEIPTS.
The following talde shows receipts at the
‘etupai-cd with the
aw
Tiitall.tmk mlflK.lt)J»y fn.lW) 1 »liiin-it
4^ NE W YORKT^j. i
^Tho' dtt^h fu-
thre* In New York tmlav*^ Jr, '
f
§
a
3
*r-i
31
Nor. . .
Dee. . .
Jan. . .
Feb. , .
Mnr< b. ,
April. .
May.. .
.111.3011.70111.25
. 10.45 10.43
.10.58 10.50
.110.79 10.79
.110.85 10.85
.110.89 10.®
10.74! 10.74
110.92110.93
Closed steady.
ILSBilLMI
10.25 10.25-26
10.38 10.38-39
10.47-49
10.66 10.56-57
10. K 10.62-64
10.66110.66-67
10.74 10.70-72
10.74110.73-74
10.80*85
19.36-38
10.&E51
i.flfi-70
Si
LIVEREOOL.
It, ott-nltiB
npared with
- .The following, figures ,g1ve
range, 2 p. m., and dose, c<
yesterday'* dote.
Futures opened easier.
Opening I'rerlona
Range. 2 p. m. Close. Close.
November., ,,5*97 -6.01 .6.00J4'5.98 5.93
Nov.-Dee.. '...KBS -5.85 6.87^ 5.86" 5.®
Dec.-Jair. .5.90• KM 6.8T 6/
Jnu.-Feb. . ..BA0 • 5.12% 5.® 5,‘
Feb.-March. .5.81 -5.85 5.83 6.81 ’ B.
Mqreh-Aprlt.All A*, “
ATLANTA MARKETS.
FRUITS AND PRODUCE.
EGGH—Candled, active, 29&30c.
LIVE FOULTRY-Hens, active. 32%©23c
icb; chickens, plentiful, 15Q27%c each;
ducks. Pekin, Sue .each; puddle. 25O10u
each; geese, full* «f-ntMre<L 66c each; tun
(•V,. *Dll«-ltS Mptt'lu’ ’ ■' '
miK.ssKii tiodrnlrD,
p^nn.l: ftUHMi. UDdnqra;
tud. hern*, undrawn, sr«
dircks. tindrnwn. fancy,
r... Boflve. Her pound.
nijE-^IatrcC^c tlx .'hams active. 14c
Udeys ncnreH 10e -lb.: side* active,
,—id: .-blitter'fictile, 15®22Vic pound;
beeswax, active* ,2fc npund; honey, bright,
active, 8e pound; Honey in 1-pound blocks,
active. 12c pound; chestnut* active. 84 08
6C Imuud; white pea*
lady pens. $3.00; stock,
11.25.
GAmk
five 5c eneh; ducks,
each: ducks mixed, active, 20f(23e each;
wild turkeys, active. 16c pound; rabbits, ac
five. 10c eneh; squirrels, active. 10c each;
opossum. dre*s<Hl, active, 12l4o pound; opos
sum. live, active. 8c pound. *j__
FRUITS—Lemons, fancy Mo*s«na, 85.006
5.50. Bananas, per bunch, cull*, fictlvc,
ll.00©1.26; straights, 81.6002.06. rineapples,
Florida stuck, jier crate. 12.00. Granges
Florida stock, owing to slso am 1 condition
on arrival, per box, 81-50G2.tS. Apples,
choice, Ben Dnvls. $3.00^(3.25; fancy, 42.758P
‘3.75tf?4.00. Grapes, Now York state. In Wb.
.ihskets, Cdnoorrtr. 206|22Hc; Niagaras, 22HO
»e: Catawlms, 20#22Hc. Cranberries, fancy
dark Cape ...Cods, per barrel, $12.06
Jersey*, $11.06. Grape fruit, FloHda
stm-k, owing to size nnd color, per box $2.08
03.00. Limes, Florida stock, per hundred.
40c. Nuts, fancy mixed, In boxes, per
pounds. 12ttwl4c. Cocosuot#, hc&iy'fnlfav*.
sack of 100, salve, at $4.50 sack. FennuW Hi
tack* averaging 100 pounds each, owing to
■— “ind, 4wr6<’.
.F8—Beets, cabbnge ‘crates,
lettve, $2.50 crate; cabbage standard crates,
.Uu; pound; cabbage, tmrrels, l%c pound;
•gg plant, active, $2.50 crate; ruenin-
hers. $1.50 crate; tomatCH's. fancy, nettve.
;0.50 crate; tomatoes, choice, active. $2,000
2.25 crate; beaus, round green, $2.60 crate;
onions, dry, active; Tier bosbel; Irish t»ta*
toes, active No. 1, 80c bushel; celery, fan
cy, dull. $2.0003.00 crnto;‘peppera active $1.75
crate: okra, six baskets, small, $2.25 crpte;
cauliflower, active, SfllOc pound; lettuce,
headed. $2.50 drum; sweat potatoes, yellow,
Closed qpie
NIEWSOIUjE ANS:
Is the rang* In cotton fa-
I
o
s
H
Hi
1
|!
Nor. • • t .
Dec. . . . j
Jan
Fab; ....
March. . . .
April. . . .
May
June
July
10.99
11.02
ii*i3
nM
1U33
ii‘.6o
11.03
i'uin
lV.26
1L33
I... 1.110.85
10.75 10.75 10.75-76
10.73 10.75 10.75-76
L.,.. ..... 10.82-84
10.83 10.87 10.86-87
20.83-95
10.99 11.02111.0.1-02
11.07-00
1L23 11.28 11.12-13
11.04
10.91-92
10.94-95
11.01-03
11.06-06
11.12-14
11.19-20
11.26-28
11.32-34 .
Private --Wire to Gl herb A Clay.
New York, Nor. 27.—Marshall, .Spader &
Co.: ’‘All other Influences will be for
time disregarded, pending comddera.tlon of
the Union Pacific report, made public ,last
night, uud details of which appear^to
show somewhat over 14 per cent earued on
common stock.- On Its face, this would op
par to he disaprtolntlnit. In view of the fact
„int many opinions dud estimates ran ns
high as 22 i>er cent, nnd It will require n
careful analysis of the .report to offset this
Influence, One Item appears missing from
the Income account; namely, the dividend
on Southern Pacific, of which Union .Pa
cific holds $90,000,000, no dividend having
been paid ou this stock last year* This
niie would add dver 2 l 2 id?r Cent
The
n fa*
MMPIHHPMPVaDil the
oral market today*may,-after all, reflect a
favorable view of these Issu'es.”
Union Pacific report shows: Su
after preferred dividends Is equal to
per cent earned on common stock; general
balance sheet as of June 30, 1906. shows
total assets $577,636,378, against $566,123,743
previous year.
Dow-Jones* summary: London settlement
began today. American stocks In .London
steady floor* parity, about equaling
the contango, us. trading Is. now for new
account.
No Increase in New York Central divi
dend probable In near future.
United Mtntea. 8(eel figuring ou record
quarter's faming* with favorable weather
conditions.
Twin City October net Increased $9,000.
No truth In minors of dissension lu Mis
souri. Kansas nnd Texas lmard.
Light demand for stocks In loan crowd.
Washington bullish ou American Sugar.
Carnegie Steel furnaces breaking all rec
ords In output.
Sixteen roatta for third week In Novom-
ln»r show average gross increase of £.68 per
Twelve industrials hdvafieed .2fli pot cent.
Twenty active railroads • declined .11 per
cent.
New York Financial Bureau: Owing to
m mixed fluctuations, we recointueud close
♦scrvaiice of individual position*.
Copper is tonight whenever tuoln nu
Copper Is iKHiglit ou n scale down toward
110.
SMALL
AMTTERED
No. Pressure On Wheat, As
December Liquidation
Was Light.
THE WEATHER.
LOCALFORECAST.
Dc Imshei: kraut, t
t.i
Houston. . .
Augusta. . .
Memphis. .
1906
21604
J3dJ
6SS6
‘ 1029
1361
22223
IS t. ALABAMA »T.
GIBERT & CLAY
STOCKS, BONDS,
COTTON. CRAIN.
COFFEE. PROVISIONS.
MEMBERS:
FLOUR. GRAIN AND PROVISIONS.
FLOUR—Highest patent. $5.50: best cal
rut $4.60; standard patent. $4.23: half pnt
*nt. $C 99; spring wheat pntont. $5.
CORN—Choice red cob. 69c; No. 2 white,
e; No. 2 yellow, 6Re; mixed, »i7c; old crop
.mice, 67c; old crop No. 2, 67c; old cron
mixed. 67c: iiotwTennessee white, 65c; crack
corn, Jiey bushel, 70c.
OATS—t'holoo white cllpiwd, 50e; No. 1
white, 4Se; No. 2 mixed. iV; Texas rust-
roof, 5Be. *
MKAL—Plain water-gronml, per bushel.
C5e; bolted,' 140-nonfid Jutes, per bushel 60c;
Kbnrts, white, $1.60; medium, 81*40; brown,
$1.35; pure limn. $1.25; 4nixe«l brand. $1.15.
HAY -Timothy, choice large bales, $1.25;
do., choice small bales; 81.20: do.. No. I
cloved, mtxiHl, $1.16; do., No. j! clover mixed,
$1.to. Chojee Bermuda. 90«’.
• RYF—Georgia; $1.06; Tennessee,.90c. Bar
ley.
The a cove prices nr« f. o. b. Atlnuta.
PROVISIONS—Supreme bams. 15c. Dove
hams, 15c. California hams, $9.00. Dry sal
extra ribs 9: bellies, 20.5 pounds. 10.25: fu
backs s; plate* 8; Hupreme lard, I0.25
Buow Drift Coui|H>uiul 8,50.
FISH.
Mullet. $9.00 per barrel; 'brea'A, 607*
pound; snapper 10c per pound; trout 8c per'
f iound; bine fish, 8c per pouud; pompauo. .
S@20c pound; mackerel. 12%c pound: mixed. •
fish. 6c per pound; fresh water trout. (Wife
pound.
GROCERIES.
SUGAR—Btnmlard granulated, $M0. New
York lefioed, 4^4c; plantstloti. Be.
COFrKK— Roasted Arhtu-kle’s, $16 50; hulk*
lu bags or ImrrcD. 13V” green Mj 12c.
RICK-Carolina, iSitfT&c, uccordlng to the
grade.
CHKFSR—Fancy full cream dairy, 15Hc;
twins, I5«*.
Shreddetl biscuit, $5 rase; No. 2 rolled
rats, $3 rane. Sack grits, 92-ponud bags.
$1 Oyster*, full wtdght, $1.75 case; light
Weight, $1.10 rase. Fvapogttti’d apples ftr
|M>uml. iVpper, ISc. Baking powders. $3
c»*e. Red wiiiuon, $5 ease, rink salmon
$1.35 ras»’. l.’ocnn, eh(K‘olate 35,’; snuff,
1 pouml Jars, 48e. Roust beef, $1.30 cam*.
Comet I beef, $1.30 case. Catsup, $|.so
com 2Sc
Chicago, Nov. 27.—Market* of board
of trade closed tame—decidedly *»o.
While not changes for the day Were
small, there was an Inclination on the
part of holders to sell on ^very .hard
spot to develop. The bulls refused to
absorb the grain thrown overboard and
the bears were not Inclined to sell
freely, save on the hard spots. There
was more or less liquidation at Odd
times.
Wheat closed /or the day l-8c higher
to l-8c lower* Corn unchanged, oat*
1-8<0>1-4c higher to l-8c lower. Pro
visions CtfHT l-2c higher.
Cash sales here were small In all- the
cereals and the seaboard reported bus
iness nt a standstill.
Primary receipts = of wheat 1,099,000
bushels; com, 457,000 bushels, com
pared with 1.362,000 and 732,400 bush
els, respectively, a year ago.
Clearance* of wheat, 446.000 bushels;
corn, 353,000 bushels; oats, 9,000 bush
el*.
For Atlanta-and Vicinity—Fair and Colder
tonight and Wednesday: minimum tenq»era-
ture about 36 degree* tonight.
WEATHER~C0Nblt)bN3.
The srda of low pressure hnmhored Dorn
the lake region eastward to the lower 8t.
Lawrence valley, causing n general decrease
in nlr pressure over New York nud New
England, nnd rain along Its track. The
area of high pressure, from the northwest
ha* moved southeast, causing colder weath
er from the Rockies eastward to the lower
-Mississippi Into ths*Oblo valley. The crest
of the “high" extends from Hpoknne,
Wash., southeast to the. lower Mississippi
valley.
Cloudy wenther covers the southwest and
rain Is falling at Palestine, Tex., nnd Vicks
burg, Miss. In the northeast rain Is falling
at Buffalo and Oswego, New York nnd nt
Portland. 3Ie. Fair conditions prevail lu
the Interior. The southeastward movement
of the northwestern high pressure area will*
bo favorable for. fair nnd colder weather.
In this section tonight and Wednesday; that the puts!
Ijoulsvllle and Nashville is very scarce,
md should be bought whenever soff.
Ht. Paul meets support toward ISO. ns
itated yesterday, and It may be bought-
here with a sdiall stop if desired. The
crhnlque of ; Pennsylvania is Hot very
Union Pacific 1* taught on a scale down,
icrcasing heavily toward 181. It inity Ik
nde to fluctuate widely In view ‘ of till
expected statement, but should be taught
on a ny lu mining. ' ! ’ *
•A specialist report* strong Inside support
for Reading from 144 to 145, where morts
should be covered, and go loug with
small-stop. .......
Steels should be bought nnd held. *
BUYING OF
OF THE B[ST 11
• t, .. > * ’
Defaiuid l^or litany lssu es |
Came from Powerful
Sources.
GAINS PREDOMIXATEdI
Union Pacific Showing \V ltS |
N Considered Good and
' Forced Hurried
% Covering.
. New York. Xov. 27.—The e™? ,. fc » .1
Interest In the fliinuclnl Hrdeg t (M i.
the publication of the Union Pucifi,.- 8 j ,' l, |
to be. considerably divided, but
probably be nearer the truth to
neither * better • nor worst* thn u
On the basts of net euruiiias i(
uine, a surplus e«|ual to 14 i <
“'* the common , stork. Itiu' ij,^|
iV'-ifle
reveuleil.
does not take account of a hull
Idend on Houtheru' I*nclflc, or of H
appropriated out of the year’s-rarniii^T
betterment exjtenillHires. p r -■ ^
shares Word fip r fl St
after r J
tluucd
thkh* anything else,]' determined thi . , nir
of the general market. Then- was
bu.vlng of Retiring nud Southern ivif
r*s W0rd up r a ■. ptfliir./In*. ;11 ,J
i-r n certain ahmufit oflneunl.trlfv.fi.
led It* upward movement. Til!*!
>1 iul
WORLD’S SPINNERS
ANXIOUS BUYERS
New York, Nov. 27.—Strictly speaking,
there was nothing new In the market yes
terday beyond the fact that prices ad
vanced under the Influence -of one thing
which has dominated the market for some
time past, and Is still Its leading factor,
the strength of spot price*. - Kplamrn nt
home nud abroad nre anxious buyers, par
ticularly of the higher grades, nnd nre
even making purchases more freely of the
lower qualities, ^peculation is not brisk—
far from It. The outside public lias had
experiences !u eotton speculation within the
last few years, which apparently have not
been forgotten. Still, It must be mild that
cotton Is Dot the only ofie of the* •specu
lative markets which for one or nunthei
cause the outside public practically Ig
nore*., Moreover, there are lndkutlons
side trr ** ..... .
Great Northern and ■■
Wliffe the* adritnces proceeded iiisurR'r
New York, Nor; 27;—The stock mVr
opened at nlmost general advances, p.t,
’’““Id Transit owtniy ig| M . r . \ of
Iflc stacted In iii, point higher,
- . * , n l> % u ^ ^««d. A.„._
eondn and Reading rose % | N >r eem cil
orado Fuel up nnd Steel common >, I
Brokers hniidilng many of tin- order* <«|
the floor of the stock exchange s;ii.i thv,l
the best kind of buying nil nm n | : ,|
room during the first hour. The tie!
rfnl source*.I
IhUI) i>(|
niiirkfil
i' • I
'rnetleally everything traded in
gain with the mbit Impressive
lu Uulon Pacific and Kt. Pai
which assumed the position
leaders. The street was rilxpi........
piril the Uulon Pacific showing in the
port, which was made public tothr
ter than the advance pointers ' H
yestertlny. nnd it is n fact that the sunno
given to Union Pacific forced hurried ro
eriug of shorts lu that stock, bunk
taught about 20.000 shares In the tir
hour, mostly Union Pacific nml Mouthers!
Pacific. , ■
^Governments unchanged. HI In i
• MINING STOCKS^
Boston. Nov. 27.—Mbanuon 18*4: New Hi |
ven J93: California nnd Arizona mi: <Vu r
trnl. 38%; Allouet i?;. Winona. JJ 1 *. t ..tJ
per Range S3H; Oseeola 134. 1
LONDON 8TOCK MARKET.
STOCKS—
— — - - —— —,, - tradlug la beginning .to ln-
minimum temperature about 36 degrees: to- (Tease someWtaf. It Ik not *0<Vu fat foil,
lllrht 7 however, that Is raising prices. It Is. as
' 1 uti-m.l, .tftti-d In t5«» ciMiiiIiiil tb. c-nin-
Minimum and Maximum Tamparature,
and Rainfall.
CHICAGO GRAIN MARKET
fe-' 7 *
Dee 42%
May....* 43%
JWy.... 44%
OATS-
De»
•m
Bismarck. . . .
Beaton
Buffalo
Charleston. . . .
rimrlotte. . . .
Chicago
riuclnmitl. . . .
t'orpus C’hrlstl. ,
Davenport. .
33*4
May.... 35
July 32%
PORK-
Jan... 14.55
May... 14.90
LARIM- L , .
Nov... B.J7H 925
... 8.67H 8.70
Jnu.%.. 8.42% «.47%
H1DK8 t *
-Inn... 7.72% 7.77%
May... 7.85 7.90
GASH WIJKAT-
No. 2 rwl 74% nominal; No. 3 do 73671
nomhiah No. 2 hnrd winter 74©75%; No. 3
9.17% 9.25 9.;
8.67% 8.70 8.1
8.42% 8.47% 8.;
7.72% 7.77% 7.(
7.85 7.9t) 7.8
LIVERPOOL GRAIN MARKET.
\VI\eat—Opened unchanged: nt 1:30 p. .n»„
%• toper: -closed unchanged.
Uoipi-r-otaned r % higher; at; 1:30 p. ni..
tuiohfltiRiHl; closed'imcbaitged to % ldgher.
'tn'HMh'frij ’i i i■ r ;;
• > JCHlCAGO OAR; LOTS.
Nashville. , . .
New Orleans. .
New York. . .
Norfolk. . . .
North Platte. .
Omslui
'nlestlne. . .
Pittsburg. . .
1’ortlami, Me.
XBSfittt U-.:
:::
Wheat,
’orn. .
Oats. .
Hogs. .
iv: ;
Today. Tomor.!
Wilmington.
^ Indicates trad? ; df rain
already stilted In - those columns, the com
mercJal situation of tho nctfial staple, the
fncts of legitimate demand nnd available,
supply. These are the haste Influences
which predominate now, ns they have for
some weeks past, nnd. Judging from present,
appearances, they nre likely to cdntlriiiH to
Ik? paramount for some nine to come, Jf
not throughout the entire season.
New Orleans. Nov. 27.—The Times Demo
crat snys: "The abrupt cutting- loose
from old standards by the New Orleans
cotton exchange has caused the develop
ment pf a new form or an old uppreheu-
slon among local friends of the staple,
who now tear the, Honthern market may
strike a find snag when It attempts to
force New. York and Liverpool up to a
working parity with the values It has re
cently established. The situation savlug
grace is the fort that spot cotton buyers
go on paying very high premiums for
prompt. delivery and tngger uud bigger
prices for any delivery nt all within the
tatimls of reason. Mpeculntlon •* not in
Important volume, the speculative long In
Amalgamated Copper;.
Anaconda:. ....- .. ;. ...
Atchison .. .
do. preferred.. .... .. ,. ..
Baltimore and Ohio..
do..preferred.. .. .. .. ..
Canadian Pacific... .. .
Uhcsitpertkc nnd Ohio
Denver nnd Rio‘Clfnude.. ..
do, preterred... .. .. ..
•Brie...., ..
du. preferred..
Great Western.. .. ,.
Illinois Uentrnl,.
Knnstfs nnd Texn*.. .. .... ..
do; - preferred.... .. i.
Louisville and’ Nashville;: ..
Mexican Central
New York Central.
Norfolk nnd Western
Northern,.Pacific..,,.. ...
Ontario'a n«rWest£rrf.;
Pennsylvn'rag. .. 7. .. •„ ....
-- 112V
;. 278% ; 2i9
..;1O1% ! 10.’ lul',
182% isi% bi ; J
Phlladelphlh'‘anil Rending. ..
Ro«.-k Island
Southern PA el flex.
Southern Railway.. ..
do -preferred ,
hi. i^ttii '..
Union Pucltic
do, preferred.. ..
United Htates Mteel..
do, pi-eferreil.. ..
s.ESS'
145*
30% .
9I%! 94% «
„„im iff.,....:
I 94%| '-•••
181% MIS W
187*4 TlJi6% H7«s
•crest I* very small, nnd the market will •' '. <>r V ♦ No, 1 - p hn , 1 , “ i ^ I
continue to advance until the spot- sltun-! i 4 * nnr , bn “?P*l. ,f> 5 Mnts lower, ho
Hon ease* off. Meanwhile, New York, not i L ,nfl ,en<<t 1,1 X Y ^ n K hUU : of ,. U "- ,H “ r u
**•* — - -t. baa not felt the same! f/HL 1 *?","bnken by th mc»t j- i
Impulse that has struck i < «nd December liquidation nml Hs*."
ille P Liverpool, probably j reported nt tlJb Braxlllnn nor
await further dev*lmf. ‘brought out more long raff** for local a
being a spot market, has not felt the
sort of legitimate tin]
New Orleans, while
having decided to nwalt. further develop
ments, Ju view of the more liberal arrivals,
has rested on -Its oars while values him
advanced here. Wellers arc far too scarce
for comfort. Out-of-town spot buyers go
the rounds of tho *a—-* "
return disappointed. r .
tremendous premiums and
close of yesterday's market the demand for
actual cotton evkletieed no abatement.
Yesterday all spot markets reported the
' The following
6. MAiuiunY.
isVcflou Director.
SEABOARD^AIR LINE.
Following were the closing quotation* of
Seaboard Air Line stocks nnd bonds:
Bid. Asked.
Men board Air Line, common.,
do, first preferred.,
do, second preferred,
do, ten-year 6s.. .... ,„,,.lfld
m
::a»
do, three-year 5s....
long coffee
.*4-consider;.
selling of-Meptember nutl the Intel .
The amount of coffee received hi the to*
ports *o far for the mmsim has iM-en
9,830,000 bags, against 6,858,000 bags Jw L
E and nn excess of practically |
this yrar over last, nml even
a from now on should run nr
ns those of Inst season the total crop wotiw
be over 13.000,000 bags, whereas the wow
merit nt present Is near double Inst yeir* i
Of course the crop may hnve Ireen tanrsets i
very rapidly, but allowing someth Ini: mj I
this, there Is every Indlentioii that the mi |
has been a monster oue.—CJItart A- *“
Following Js the opening rsm
close lu the New York coffee war
today:
Opening
Range.
January.. ,, ,,,, ;. ..5.90-6.ui
February 6.00 »». lo
March .6:15-6.20
April., 620-6.10
May y ...6.35
June 6.IU6.45
July 6.45 6.5*
August... ' ; 6.55-6.6'
Heptemtar. , . , -. 6.65
Oetober»., ... ,, .... ..6.66*6.75
S or cut her... ,.l\ ....
December.. 6.80 5.9"
«lofted quiet.
:i«LJ 1
ATLANTA. GA
p Pi && P 8SSS % SS8SR19JSS.PS&2
Local and Long Distance Telaphon# 5298. C. E. KEPLINGER, Manager.
Sirup: New Orleans. 35e gnll<
gallon: Guta S>»- gallon: tit-orgia
Mali, 10o-p*»uud, 5»V. Axle grease. $1.71.
Hoda cracker*. •»%«- pound; lemon 7*n-; oys-1
ter 7c. Bamd candy, per pound, is;; mix-1
>*•1. i>*r i*oniid. b%«-. Tomatoes. 2-i>oumi. :
$1.90 case; 3-ppnad, $2.25. Navy taan*. $2; f
Lima »H*.1ns. 3%c. Rest mntehes. per gross, ;
$1.65. Mararind.-P^eTc pvr fuHinU. Sar
dines. mustnrd, $3.25 ra««» Potash. $3.2>f$
3-ft) cam*. IVauuts 5%c. Rope, 4-ply cot
ton Soap, $1^64 case.
SOUTHERN EXCHANGE
Oldest EetabUelied Office South.
ca not—SlOCiS—KUOS GRAIN
Ground Floor Ocutd Building.. Dally
market letter nnd market manual
mulled on application.
L. J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, GRAIN
Correspondent's Capital $250,000
REFERENCE. THE NEAL RANK
PHONE 1417. PRUDENTIAL BLOC
ATLANTA NATIONAL BANp\
ATLANTA, GA.
£* ^ < ?yR^L? R :^. Prc J!! lde ri* A * E ' THORNTON, Vice-President.
H. T. INMAN, Vlco*Prealdint. GEO. R. DONOVAN. Caahier.
JAMES S. FLOYD, Ais't Cashier.
Capital ,, $500,000.00
Surplus and Undivided Profits $500,000.00
We Solicit Your Patronage.
ALONZO RICHARDSON & CO.,
PUBLIC ACCOUNTANTS
AND AUDITORS
Empire Building. Bell Phone, MainSsS,
ATLANTA. GEORGIA. .
WEATHER FORECAST.
Georgia - fair Tuesday; Wednesday fair,
•adder lit I be interior. ,
LnitKi.Ki.-t nnd Mtataiptd—Fair and colder I
Tuesday: Wednesday fair.
Went Florida—Fair*Tuesday; Wednesday'
fair and colder.
Alabama—Fair Yu»**.lay; colder In north I
portion; .Wednesday fair nnd colder in south
porflcii.
Arkansas. Tci n.-ntce and Kentucky—Fair I
HUBBARD BROS &C0.
WfiIUinUj- fair,
*day::
conoN
t; MERCHANTS
Atlanta Office. 219-221 Century BuiMing.
Member* 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 servh e. Correspondence invited.
Phones 4M. Long Distance 39. A.S. Hustace. Mgr.
WvUucsd-H iuu.
Safe Deposit Boxes
For rent fn our vaults in the basement of tin
Empire Building for only $5.00 each per
annum.
Absolute Security and all Modern Conveniences
You should not be without one.' We inoil:
uou to call and inspect them.
Title Guarantee and Trust Co-