The Atlanta Georgian. (Atlanta, GA.) 1906-1907, November 27, 1906, Image 12

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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-