Newspaper Page Text
THE ATLANTA 0KOI?(MAX,
rrtaiDAV. novkmbbb isot
FOOTBALL' RUSH
NEWS; AND GOSSIP
■ of the Fleecy Staple.
I Buyers Of the Staple Iu-
1 stmeted to Take Their
Limits Off.
SITUATION STRAINED
l-Jdarket .Had a Set Back in
j the Early Trading This
Morning.
* New York. Nov. 27.—The Hltuntlon of the
^ppot article utill dominated the cottou
market, nit«l with higher rubles from I.lv
crpoot furnished the chief Impetus to the
market here at the outset. Ituslness among
commission houses was less active, and pro
fessional brokers did considerable realix-
■ Ing.
> of Ijm • IHIIIIW S*;re .i-nmuintinii, »v wre
ubulls ln'*the American markets. The clone,
howjftrar/-ttaii near < her highest, the market
.* MaMt£gferadu61ly under, a* steady undertone
V uivno* the close,* which* was n%QG points
• higher than the close on Monday.
• Following is the #range In the active
> months Jn Liverpool today:
■ Open. High. Low.
| November jf-jff G.03 6.96
.January-February 6.80 J>.£» 5.78
[March-April 5.81 5.87 6.80
| May-June .... ...5.85 6.91 6.84
j In tho matter of price, the apot market
,1 was strong, middling being quoted 13
points higher nt CM the heat price
reached in mouths. The email takings by
’spinners was not encouraging, only 6,00ft
bales changing bands at the advance.
‘ g ft
In New fori, November opened %c high-
- er nt lL30c, which Indicates that the
aborts, who were sellers on oxpectwtloni*
'early of a bumper yleld- : -lS,QOO,0(iO to 14.000,•
000 bales—are experiencing quite a little
difficulty In delivering the goods.
The active list opened 6&10 points high-
*#r, but tho advance met heavy liquidating
.i sales by longs Immediately. after the open-
»lng, and a sharp decline of 13017 point*
* followed. Up to midday, the market had
Ca downward tendency.
Private Wire to Glbert A Clay.
New York. Nov. 27.—Liverpool at 12:30 p.
in., 7*8 higher. Was due about 5 higher.
Oil this ha mis. we should open 4&6 higher.
Liverpool cables: •’November cornier holds
(mi rket."
Mlteliell Imylng Novemlier nt 11.70r.
WV are bullish on the market, but, pre
fer to wait for a reaction liefore buying.
The aiiuual cut I urate of American cottou
crop Issued by Dick Bros, ploces .the. yh*|.'
of 1906 at 12,114,000 bales.
Average estimate of crop of 161 memlier
of the New York, cottop. uxrlyuure la 12,457,
OtW'bne**. c . . k .
- The .Journal of . Coinilercoc "An In
■used volume of business was noted In
• prlniury market at the opening, and
Jobbers received additional orders for spring
deliveries through tho malls and through
resident buyers. Advances lu wide sheet-
lias .:
likely to'bd'tnade at nfUy time/ »tei*e!idem
In some measure oil the prohnhjUty of
milking amicable wage adjustments-In New
England mills." •* ^ '
New York Commercial: "There Is no
doubt but that the spot situation Is lutein
The middleman has contracted to dellv
grades tlmt be can not get. If the mills
who hold the contracts demand their pound
of flesh. It Is difficult to foresee: Just
what the outcome will Is*. The little
spot fellows have commenced to May down.'
There were three ‘lay downs' r - * -
Georgia .Saturday morning, an .
Is* others lu different sections of flic ladt."
‘‘The public has commenced to come Into
Hie market," sold one leading broke
It is not fought loo bitterly right
start, t%ery broker will have nil tli-
pesa -ho can attend »to, Indore.the .season,
la very mnch older." ' ‘
New Orleans, Nov. 27.—Liverpool at 8%
up inay lie considered a go<s| market, nl
though due 104111 up on New Orleans.
Wus cxpeetedyigly Syf^^UBs, up on New
Llvcrpoof* ratftjgQ '/.'Liverpool local feel-
lug Is bullish. Think market Is Rifely to
improve." ’ ' .
'Tbo Influence of favorable chides nnd tin
favorable. vVeathet** having a siiktaUilng ef
fect upon*prlt‘et,-but flyre Uf» mOrw-'dlsiK)-
sltlon at the moment'on the part of longs
to liquidate. *• ** • '*' -*
Later IJvernol csbla: "In consequence
of strength or Houthcrn market, the feel
ing here Is bullish."
The long Interst la bcglnnlag to liquidate
freely.
The apot market la variously quoted, some
say unchanged, some He up and some oven
a similar nmoidit lower. The general alt
uatluii la undoubtedly quieter with eapeclul
reference to the demand.
The western forecast Indicates showers
toulght and colder for I<oul*lnna ami south-
QIBERT A CLAY’S
DAILY MARKET LETTER
New Orleans, Nov. 27.—Although more fa
vorably Impressed .with the course that
the American markets have pursued, the
' i to furnish
foreign market failed a gal
a *.^ttSSawY^rkCommercl n 1 aava of the f,l, l response to our advance of yester-
* Commercial says oi me tJnJ . O ptiona closed 4<?6 points higher, than
5 ^'hrfntura market can not foil to re »n the nn-vlou. ,loy. whll«- moil .im.ln-
fleet the spot situation, nnd thq.alfnation
tMrt'conftputs,lheapot market Js n strained
* a nrt"ptwuimr ‘din*. ^Fnrly Inf Jhe senaon When
the Idea that the crop wnsjgoldg td be n
£ bumper was general, even trtJotb the season
a opened: In fact. for big dealers aell far
% ahead—there was a free selHng of high
‘grade cotton. Now the tiillla are clamoring
.•r.ifon and the spot dealers can
The little dealers have com-
. not get It.
i menced to "iny nown. mm, «»
.makes It harder for tho big people. I he
..mills will have to spin what they eon get.
and this Is making an enormous demand
) fur grades wader those which have been
.♦ most extensively contracted for. Reports
• from the belt tell of buyers receiving In-
, strnetlons to take their limit off, and there
U it football rush for every bale of good
rollon that shows up. Home people Insist
* that there can not Ik* such a very large
-crop when buyers are having such bard
»work to get their cotton, while others lie-
i llevo that there Is plenty of cotton, but
t that the trouble Is that It Is all low grade,
i rompdratlvo receipts nt nil United Htntes
parts:
t receipts today •• •
* SSmeahiy lust ye
IHM
three days.....
79.609
81,521
1,912
191.479
179,096
since September 1....4.0W.6TO or operand/" n
V New Orica tis 14.ft«) to°l6,000
. Galveston 15.«W to 20.000
*.Houston 17,1100 to 20,000.
Movement at Atlanta:
*.lleeelpts today..
/fthlpments twlay..
, Hnmr day last year.
^ Increase..
2.471
1.332
1.142
1*04
1,588
✓;fitock on hand todny .. .. lLMR
tf Same day last year ♦ ••••
*, Increase
A In the trading, the slump was continued,
♦due to realising isles, and reports that the
. Kouth was offering apot cotton more free
„ly. The decline was opnfined to cotton for
n futur* delivery, however, the pi»ot markets
r generally showing unchanged quotat ons.
i In th«tlnat.few minutes the.decllne met
; with some resistance, nnd the lienra'show-
«mI some nervousness, and ou light cover-
. Ing by this element a rally of 2©3 points
« from the low irnlnts waa recorded, the
X close lmlng steady 114/14 points lower for
• the active mouths. November closed 4o
i pslnis ( blgbcr. t yj ^ . . *
SPOT COTTON MARKET.
Liverpool, spot cotton quiet and steady;
middling uplands G.2id; sales 6.000; Ameri
can 5,4w; speculation and export 6W; re
ceipts 30,000; American 18,100.
Atlanta, steady at lie.
New York, Arm at lL40c.
New Orleans, easier nt 11316e.
Boston, steady at 11.40c.
Houston, steady nt 11116c.
Memphis, steady at 10 15-Bh*.
Galveston, firm at ll%e.
Baltimore, nominal nt 11c.
Norfolk, firm at 1114e.
Mobile, steady at loHe.
Wilmington, steady ut lOHeJ
rharleatmi, firm nt 10*4*’.
Savannah, quiet nt 10%e.
St. TJoule, steady nt 11c.
Augusta, Arm at UV^c.
the previous day, while h|miI quota
tlons showed an advance of 13 points, with
sales of only 6,000. The first waning signs
of tho decreasing demand for cotton were
fully reflected in the lower prices for con
tracts In today'* session. Thursday being
« holiday, but two more market days re
main* In which November commitments are
to be fulfilled. With this Influence tem
porarily over, and December forward ship-
incuts In u large measure provided for. ow
ing to the fear Hint the present advance
would prove more extensive, naturally
creates the belief that, for a while, nt least,
the market'll support must come from other
sources Hum nil Insistent demand for cot
ton. Then, the weight of the movement
which. If the clearer weather promised In
realised, should be less restricted than now
seem* to Im the ease, would, In all proba
bility, alter somewhat the sentiment that
lias materially aided* flu* present ■'advance.
New York, Nov. 27.—The market was
strong todny, without great activity and
support appeared liberal hi most finiMtrbwl
directions. Bending and Copper were early
marked for mi advance, and the I’nlon
Pacific niinunl report was made tfie basis
for good buying of tltejs* shares, which
encouraged activity throughout the list. A
report was publitthcd. of u possible Issue of
Great Northern stock In the abn|>c of a
Inuiiis or dividend. While “
!* tradllg Hfwi*. i in-re
, -Ott purt
PH itts\e long commit mem*
liioro'frenly than recently In evidence. The
near future of the money market glv
delliille promise of lx*eoiiilng easy. It Is
believed that, owing tt» the polb*y of
Amerleuii financiers not realising oil foreign
hfilnucc* recently established through com
menial sterling, that the Bank of Eng
Iiilid will Is* in a position to reduce llielr
Edited by
Joseph B. Lively
Ur. LIrely's twenty-five
’ yeara* experience of ed
iting market* fn Atlanta
nnd the South hasmadg
him a recognised au
thority In bli specialty.
'TIPS FLASHED
From Wall Street
Private Wire lo GlliArt -& Clay.
New York, Nov. ^-—Marshall, Spader A*
To.: "All other tiifluencea will Ik* for n
^ . time disregarded, pending conalderatlon of
RANGE OF NEW YORK STOCKS-'AND COTTON MARKETS !£!?“
i ^— 5 1 i— ——- ■■ - ^ 1 —— show somewhat over 14 ner cent earned ou
common stock. On its face, this would ap
pear to be disappointing. In view of tin* fact
that many opinions and estimates raq ns
NAME OF STOCK.
ftuutti
Atlamt.* Coast l.n
American Sugar U-»f. .
Anaconda. . . , . . « -'
American LocjkUuU**.
do. preleri^l. . . .
Am. Smtlting'Kef. . .
do. preferred. . • .
Atcbltcn . . -
do. preferred
American Cot*on Oil. . ;
Am. Cor Foundry* «t •
Baltimore St Ohio. . .
Brooklyn llaphl T. . .
Canadian Pacific. . . .
Chicago A Northw'n. .
Chesapeake A Ohio. .
Colorado Fuel A Iron.
Central Laatber. . . y
/ do. preferred. . .r.
Chicago A Great \Y. . ,
Chicago, M. A HL P. .
Delaware A Hudson. .
Distillers Securities. .
Efle
do. preferred. . . .
General Electric. . • .
Illinois Central
Am. toe .Securities. . .
LouiSvIllA A Nashville.
Mexican Central. . . .
Missouri Pacific. . . .
135%
278
74 "i
; 112
134%
i«i»i
5<!i
M%! SMS
•NAME OF ?T0CK.
N. 1.. Oal. & Wral.ru.
National Lead
Northern Pucldc. . . .
New York Central. . .
Norfolk A Western. .
Pennsylvania. . . . . .
People's Gas
Pressed Steel Car. . .
do. preferred. >
Pacific Mail
Binding. ........
do. preferred. . . .
Lnlted States Jtnbbei.
do. preferred. . . .
Southern Pacific. . . .
southern Hallway. . .
do. preferred. . . .
Slosa-Sbeffleld
Teuu. Coal A Iron. . .
Texas A 1’aciflc. ....
Uulon Pacific. . . J . .
United States Steel. .
do. preferred. . . .
Va.-Cnr. Chemical. . .
do. preferred. . . .
Western Union
Wabash
dd. preferred. . . .
Wisconsin Central. . .
do. preferred. . . .
Jilt
Total^Uedf.ysyl— Uwbiy .7lf7.1ffl *hwmt,-*
NEW YORK.
Hires In Nqw York today; •„
NovTTT
Dec. . .
Jnu. . .
Feb. . .
March. .
April. .
May.. .
.110.74
■ 110.92
11.25] 11.25-35
10.25 10.25-26
10.38 10.38-39
10.47*49
10.56 10.66-57
‘IK 10.62-64
. I.6G 10.6A67
10.74 10.70-72
10.74110.73-74
10.80-86
10.36 38
Ul. 50-51
10.56-60
I0.«87i»
10.73-75
10.80-81
10.84-86
10.86-87
LIVERPOOL. •
figures give the opening
ind close, compared with
Sfir;
Future* opened easier.
November,.
Kauge.
•r,. . JJN -6.01
:.. ...6.83 -6.65
. . :6.s0 • -6.84 ‘
Nov.-Dee..
Dec.-Jan.
Jan.-Feb.
Feb.-March. .5.81 -5.85-
March* April.. 5.81 -5.S5
^ay-June. , .6.85 -5.89
June-July. . '.u.86%-5.83
J»ilr-Auguwt..5.88 --8.91% 5.89'
N6W ORLEANS.
careful analysis of the report to offaet this
Influence. One Item uppeara missing from
the Income account; namely, the dividend
on Southern Pacific, of which Union Pa
cific holds 690.ftl0.000, no dlvldeud having
been paid op this stock Inst year. This
amount alone, would add over 2*4 per cent
to the above estimate of ut*t earnings. The
London market this morning Indicates a fa
vorablo view of the report, a ml the gen
oral market today /lnay. after all, reflect a
ruvorable view of these Issues."
Union Pacific report shows: Hurpiua
after preferred dividends Is equal to 14.21
per ceut earned on common stock; general
balance sheet as of June 30, 1906. shows
total assets 6577,536,378, against 6566,123,743
previous year.
Dow-.Toues’ summary: London settlen
began today. American stocks In Lou
sternly U0*4-above parity, about equaling
the contango, as trading Is now for new
account.
No Increase In New York Central divi
dend prolinhle In' near future.
United States* Steel figuring on record
quarter's* earnings with favorable weather
conditiona.
Twin City October net Increased 69,000.
Xo truth In ruinora of dissension In Mia-
svf:".—
Dec. . . .
Jan. . . ,
Feb. . . .
March. . .
April.
May..
L v11.25
11133
Closed barely
3 III
ii.33lii.23
1L4B
M 10785 ■
10.75 10.75-76
mm lft 75-76
in.wj.s:
10.93-95
llJKMtt
11.07-09
11.23 11.12-13
10.94-95
10.82-84 11.01-03
11.06-06
II. 12-141
III. 19-20
11.26-28
11.32-34
ATLAN'TA MARKETS.
FRUITS AND PRODUCE.
EGGH—('nmlled.' active. 29fj30e.
LIVE_ 1’pULTIIY—Hens, acUve, 32%0«
ducks. Pekin, 35c each; puddle, 254j30c
each; g<w»*e. full feathered. 65c each; tur
keys. dull. 14c potiud.- *■
DKKHHI*^)/ PQULT«Y-Gee*4, umlrawn.
active. l(tol3%c |K»nnfi;-turkeys, undrawn,
active. l^Jlta iv»ujul; heps, ^rtqlrawn. ac
tive. 12V?c pornidudiicks. aodraWn. fanty,
15c pound; frit*, active,. 14a*,|K>und.
prfODIffjK—laird.-.Ka* tb.* hams active. 14c
Jb., shoulders.aqtire<, UK*, lb.; sides active.
10o pound: btjtrar. Actftvr. 15ff22%# nmind:
tieevwns, active. *25e mrtnnl: honey, bright,
active. 8c pound: honey In 1-pound block*,
active. 12c pound: chestnuts active,* 61.00
bushel; ♦tried apples. 6c pound: white pens
active, 62.50 bushel; lady peas, 63.00; stock,
61.25.
GAME—Quail, active 12%c each; doves, ac
tive 5c each; ducks, mallard, active, 46c;
each; ducks mixed, active, 20®23c each:
wild turkeys, active. 16o pound; rabbits, oc
tlve. 10c each; squirrels, active, 10c each;
opossum, dressed, active. 12%e pound; opos-
- Mess
itiittW. Pineapples,'
62.00. Ora ump*
_ m ..Jac and condition
ill arrival, per box. 61.5002.25. Annies,
holce. Ben Davis, 63.0(KU3.25; fancy. 62.7M4
6JJ0. New York statu npples^wlnter
OFFERINGS SMALL
AND_SCATTERED
No Pressure On Wheat, As
December Liquidation
Was Light. .
THE WEATHER.
LOCAL FORECAST.
STOCKS REVIEWED
lit NEW YORK SUN
New* York,' ’NoV. 27.—The Hun any a: "Wliat
seemed to figure most prominently In the
discussion of speculators lu the financial di»
trtet yesterday—who, of course, regard tli*'
i*n*rtwjl from a short range view- was tlie
eoulliiAal weakness In the fill! group of
stockqiaiid the,-Great Northern railway's
■>nre ecu Idea tc< the T *el1lbg of Ht. rani
shares, which Indicates apiinreiitly that the
recent rise In the price of the’ security be.
tokened no substantial favorable detetop
TODAY*8 PORT RECEIPTS.
The following tqhle shows receipt* at the
Interior towns t«nlay, compared with thu
Mime day last year:
Savannah. .
Uhnrlestoti. .
Wilmington.
Norfolk. . . .
Boston. . . .
Philadelphia.
IVnAAeAfai. .
q Hnn Francis*
Total. 1
will, It Is expected, be Issned this morning,
will not prove to be a doi'iJiiieiit calculated
to excite as much enthusiasm as has for
some time been supposed. Art Impression
current that tlie figures of the com
paiiy's earnings In the Inst fiscal year, a
revealed In the report, would be pructlcall'
the same ns those set forth In the prellml
aiary statement Issued by the company last
August, ultboagh It was held thut the com-
pany'rt lueomc from Investments might In*
shown to 1h» somewhat larger than was
originally stated. The rumor was clreulnted
that the company's uet revenue applicable
to dlvidemU on Its common, shnres from
Imth the operation of system nml from the
Income from Investments would not Ik*
more than 14 per cent, whereas It has been
(bought recently that tin* company's earn-
large quantity of unmortgaged
or free assets In tho treasury."—Glbert *V
Clay.
COTTON SEED OIL.
opening. Closing.
November 4H' 4 1i41 40%tt42
December. ....... 37%M3S*4 38%fi39
January X
February 35%tf<36'4 36%4i37
March. . . . * 35%$36 36%ti36*i
May 36
Hales, 2fi0 Nevcml»cr at 4<>*». 100 January at
36. March at 36. and 100 May at 35%.
Closed steady.
63.75fjr4.0ft Gran
WSSt ’CoucwM,. mw»rii*Aa{li
Sc: Cptnwliaii, CniniHTrl.i. fnncf
^ark Cape ^V»ds. |w»r barrel.
ipi s. New Yor
•rds. 20<|22%c;
i22%c. Cranbem**, fancy
812.00
Florida
||H ... .»lor, per box 62iOO
413.00. Limes, Florida stock, per hundred.
40c. Nuts, fancy mixed. In boxes, per
iKiiimls. 12%4ll4e. Cocoa mi t s.' 1ienr y hi 11 a n s,
sack of 100. active, at 64.50 sack. Pminutain
sacks averaging 100 pound* each, owing to
active, 62.60 crate; cabbage, "tarn
1%c pound; cabbage, uairels, l%c pound
egg plant, active. 62.50 crate; cucum
bers. 61.50 crate; tomatoes, fancy, active.
tt.60 crate; tomatoes, choice, active. 62.00$
2.25 crate; lieans. round green. t"50 crate;
oiiIouk. ilry. active. 75fr bushel; Irish pota
toes. active No. 1. (80c btithel: celery, fan
cy. dr.'l. 6LO0fr3.0O crate; peppers active 61-76
crate; okra, six baskets, small, 62.25 crate;
cnullduwer, active, MTfOc pound: lettuce,
beaded. 62.50 drum: sweet jMitatoes, yellow,
dull, 6ft* busbel; sw»*et iiotntoes, white,
dull. 40c Inishei; kraut, half-barrel, 63d 5 :
rutnbag.i tural "*■ V' ‘
Chicago, Nov. 27.—Markets of board
of trade closed tame—decidedly so.
While not change* for the day were
small, there was an Inclination on the
part of holders to sell on every 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 for the day l«8c higher
to l-8c lower. Com unchanged. Oats
l-8fM-4c higher to l-8c lower. Pro
visions 5ffl7 3-2c higher. .
Cash sales here were small in all the
cereals and the seaboard reported bus
Iness at* 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.
Clearances of wheat, 446,000 bushels;
com, 353,000 bushels; oats, 9,000 bush
els.
CHICAGO GRAIN MARKET
FLOUR. GRAIN AND PROVISIONS.
FLOUH— Highest potent, 63.50; bent pat
ent 64.W; Htaiidnrd patent. 64.25: half {lat
ent. 6C 90; spring wheat patent, 65.
COHN—c’holce red cob, 69c; No. 2 white,
<Wc; No 2 yellow, 68c; mixed, 67r; old crop
choice, 67c; old crop No. 2. 67c; old cron
mixed, 67cJ new Tennessee white, 65c; crack
corn, per bushel, 70c.
OATS—Choice white dipped, 60c; Na t
white, 4X1*; No. 2 mixed, 4»c; Tcxiib rtist-
nnstf. 52c.
MEAL--Plain water-ground, per hnshe!.
Rm*; boltml. 149-pound Jutes, per bnxliel 60c;
Hhort*. white, 61-M; me«llum, 61.40; brown.
11.35; Imre brnn. 61.25; mixed brand. 61.15.
HAY—Timothy, .choice large bale*,
do., rholee ■mall bales. 6L20; do., Nu. 1
cloved, mixed, 61.15; do.. No..2 clover mixed.
61.19. rholye Bermuda, 90e.
HYP—Georgia. 61.06; Tcnuetse*. 90*. Bar*
ley. *%♦.
The snore price* nr« t. o. b. Atlanta.
PROVIHIONS—Supreme hams. 15c. Dove
.am*. 15c. California ham*. 69.w. Dry cult
•xtrii ribs 9; Mile*, 20.5 pounds, la.'JG; fat
8: HuprcE
lard,
INTERIOR RECEIPTS.
The following table show* receipts at
Interior towus today, compared with the
■sine day laat year:
Houston. .
Augusts. .
Memphis.-. .
34148
3233
. 4S94 s
6449
GIBERT & CLAY
STOCKi, BONDI.
COTTON. GRAIN. ATLANTA
corrtE, proviiioni. Atlanta, ga
MCMBCRI:
n" SS& &;Sl d e- I i ssss ssas» i «.>»•• ^ « m
New York Coffee E
l IIC ALABAMA BT.
Cirhin,.-. N.w Orlf-nti. iJ„TV.*r?Z% A..'a
Loc»l and L.ng Diitanc* T.I.phon. 5298. C. E. KEPLINGER, Manager.
ALONZO RICHARDSON & CO.,
PUBLIC ACCOUNTANTS
AND AUDITORS
Empire Building. Bell Phone. Main 851.
ATLANTA. GEORGIA.
backs h; plate
know Drift compound 8.60.
FISH.
Mullet, 69.00 per barrel; bream, 6fi7c
I.otiml; snapper 10c per pound; trout 8c per
;iound; blue fish. 8c per nouud; potnpnno.
M(20e |M»und; tmickerd. 12%c pound: mixed
Osh. 6*' per pound; fresh water trout, (iyioc
pound.
i bags or barrels, 13W; gns»i» lUil2e.
RICE-Carolina, 4%M7%c, according to tha
grade.
CHEESE—Fancy full cream dairy, 15%c;
twins, I.V.
Sbrrddt*«l biscuit, 65 ease; No. 2 rolled
Chicago gralu and provliloa quotations
for today follow:
• Previous
Open. High. Low. Close. Close.
IS*
CORN—
Dec 42%
May.... 43%
July.... 44%
O ATM-
Dee S3 1 1
May.... 33
July 32%
PORK—
Jan... 14.55
May... 14.90
LARD—
Nov... 9.17%
Dee,.. 8.67%
Jan.... 8.42%
HIDEF-
Jan... 7.72%
;f. 7*v
42%
43%
44%
Carnegie Rt«*el furuaees breaking i
or»l« Id output. '• '•
Twelve Industrials advanced .20 nor c
Twenty active railroads declined .11
r cent,
per
cent.
New York Financial Bureau: Owlug -to
the mixed fluctuation*, we recommend close
observance of Individual posltlou*.
Copper fa bought whenever taoln at!
Copper la bought on it scale dowu toward
110.
Louisville nnd Nashville fs very scarce,
Ht. I'nul meet* support toward ....
atateil yesterday, nnd It may be bought
there with a small atop If desired. The
technique of 1 JViiDfrylvnnln Ja not very
strong as yet. Vrofemlonnln are hear!at
on It.
Union Pacific Is bought on n scale down.
Increasing heavily toward 181.. It may be
made to fluctuate widely lu view of the
expected statement, put should be bought
oir any Jf» ,,, *** ,, *' r "*
A specia
for -Rending from 144 to 14*», where shorts
should Ik* covered, nnd go long with a
■mull''at on. * •* •” •
„ r We
understand .smelting. .Centfttl, Atchison.
OF
OF THEJEST S0R1
Demand For Many lss U ^
Came from Powerful
Sources.
GAINS PREDOMINATE
Union Pacific Showing \y a
Considered Good and
Forced Hurried
Covering. f;
small*‘stop.
Steels should.be bought nnd held,
understand Smelting, Uentfal, Atr...
Sugar nnd Baltimore und Ohio arc nil well
bought on weakness. They display no Ini
tiative
For Atfnnts nnd Vicinity—Fair and colder
tonight nnd Wednesday; minimum tempera
ture about 36 degrees tonight.
WEATHERjCONDITIONS.
The area of low pressure lias moved from
the lake region eastward to the lower St.
Lawrence vslley r causing a general decrease
in nlr pressure over New York mid New
England, and rain along Its track. The
area of high pressure from the northwest
has moved southeast, causing colder weath
er from the Rockies eastward to the lower
Mississippi Into the Ohio valley. The crest
of the "high” extends from Spokane,
Wash., southeast to the lower Mississippi
valley.
Cloudy weather covers the southwest and
rain Is falling at Palestine, Tex., and Vicks
burg. Miss. In the northeast rain Is falling
nt Buffalo and Oswego. New York and nt
Portland, Me. Fair conditions prevail In
the Interior. The southeastward movement
of the northwestern high pressure area will
Ik* favorable for fair and colder weather
In this section tonight and Wednesday; ... ^
minimum temperature about 36 degrees'to- u , *F*5J , **W
,,1-,.. *■ however, that Is raising prices. It IS,
11 * ut * already stattn) In these (mlumns, fbc com
... . . ~—T~“ . A meMnl situation of the actual stable, tho
Minimum and Maximum Temperatures '-*•*- - - —*- ■* •—• •
and Rainfall,
Hppenratiers.’ they are likely
be paramount for wune tin... ..
nrot througliout the entire season.
New Orleans. Nov. 27.—Tho Times Demo-
crat snya: ‘The abrupt cutting loose
from obi standards by the New Orleans
cotton exchange has caused the develop
ment of n new form of an old apprehen
sion among local friends of the staple,
who now tear the Southern market may
strike a bad sung when It nttesipts- to
force New York nnd Liverpool up to a
working parity with the values It has re
cently established. The situation saving
grace la the fact that apot cotton buyers
go on paying very high premiums for
prompt delivery nnd bigger and "
prices for any delivery nt all wlti
hounds of reason. Speculation Is .not In
Important volume, the speculative long In
terest Is very small, and the market will
continue to advance nntl) the apot sJtua-
WORLD’S SPINNERS
ANXIOUS BUYERS
New Y'ork. Nov. 27.—Strictly speaking,
there was nothing new In the market yes
terday beyond the fact that prices ad-
rnneed under the Influence Of one thing
which has dominated the market for some
time past, and Is still Its leading factor,
tlie strength*of spot prices. Spinners at
home nml abroad are anxious buvefs. par
ticularly of the' higher grades, and are
even ihnklng purchases more frefly of the
lower qualities. Speculation liP'hot hrisk*-
fnr from It. The out Aide' public tins had
experiences In cotton speculation within the
last few years, which apparently hard not
been forgotfep. fuill,. It must, be said that
cotton Is not the only one or' the specu
lative markets which for one or nnothe*
cause the outside public ’■practically Ig-
MoreOvor, there* arc Indications
Interest lu the flnnndnt circles todn^H
the publication of the Union Pnrlfi. v t'f;
delayed mutual report. (Jplulon n*
merits of. the showing waa, as It is han.v’i'
neltlwr better nor worm, tliun
On the beet, 'of net Mrtilnt, an.]
cutue. ft •urplt!. equal ta It per ™it i.
rerentetl on the eoiumon .In k Hui tu
does not take nccount of n hulr Vi ir'i ,i n
blend on Southern I’aclfle, or of s-
appropriated out of the year', earnlnir.
betterment .eipcjidlture*. V'dou Partn'
ahare. wrro up ,a< point'In Zl
after a rortaln.amount of irre.-ulnrliv „
tinned It* upward iberemeut. ThiL’
than nnythlnr elftef. de4ermln...l tho V.TE
of the general market. Then. »„ k™,.
buying of. Heading -and Southern picB
and while - rapid rceorerlea oecnmd hi
Oreftt Northern and Northern I'nelOe .]„
where the advance, proceeded lebureir
New York. Nov. 57.—'The atoek mntd
opened ftt alrap.t general advance,. n rm ?
lyn TWpId Tran.lt opened H higher. x*5
ern lfaclllc .tarted In H point higher ig
gained lunllH- > Copper, Rock t.lncd, jtu.
conda and Rending rose <4 per m
orado Fuel up % and Steel eomni
Broker, handling many of the
the floor of the «tock exchange ul.l then
wa« the heat kind of buying all around the
room daring the flr«t hour. The demand l»
many atocka came from powerful Kourcw
Practically everything traded lu made mm.
leader.. The .trect waa dl,posed to
gard the Union Paclflc ahowlng In the
port, which waa made public today, n, I
ter than the advance pointer, ludlatei
ycaterday. and It I. a fact.that the support
glvea to Union Paclflc forced hurried col
oring of nhorta in tbat atoek. London
bought about 20,000 .hare, in tho Jot
hour, mostly Union Paclflc and Southern
Other hondi
I'nclflc.
Government, unchanged,
ateady.
MINING STOCKS.
Boston, Nov. ,27.—Shannon 18%; Now Ha
ven 193; California and Arlxonn 18'i; On-
tral 38%; Alloues 47; Wluoua lBi; Op-
per Range 83%; Osceola 134.
LONDON STOCK MARKET.
9.26
s.70
8.47%
May
‘.S3
9.17%
H.«7%
8.42%
7.72%
14.6ft 14.47%
14.ti% 14.72%
9.20
8.62%
8.:i7%
ffl
2 hard winter 74f?75%; No. 3
LIVERPOOL GRAIN MARKET.
.. iosetl uprhongetl.
Corn—Opengd % higher; nt 1:30 |». in
uiK'liauged; cloned iiuehaiigiKl to % Idglie:-.
CHICAGO CAR LOTS.
Abilene. . . . •
Amarillo. . . .
Asheville. . . .
Atlanta
Augusta. . . .
Birmingham. . .
Bismarck. . . .
Boston. , . . , .
Buffalo
Charleston. . . .
Charlotte. .* . .
Chicago
Cincinnati. . . ,
Corpus Christl.,
Davenport. . . .
Kl *l**an. . . .
Fort Smith. . .
Galveston. . , .
Havre
Huron
Jneksouvllle. . .
Jupiter
Kansas City. . .
Key West. . . .
Knoxville. ...
1.0* Angeles. . .
Macon.
Memphis
Meridian
Miles City. . . .
.Nashville. . . .
New Orleans. .
New York. . .
Norfolk. . . .
North Platte. .
Omaha
Palestine. . . .
Pittsburg. .
Portland, Me.
Portland, Ore.
St. Lotila. . ,
Ht. Paitj. . . .
aiiHMi. . .
Taylor.-
Thniu**rJllo. . . ,
Vicksburg. •. . . .
Washington. . . .
Wilmington. . . . .
S3
61.66. Oysters/ full
weight, 61.19 cm
Immiihi. Pepper,
1 J:«
pornrea apple* ,\e
[faking |M»wdcrH, $5
••am*. Pink snlnmti
'hocolate 35<*; snuff.
Hlrup:
led In
48o. Boast iK-ef, 61.39
61.30 ea*e. Catsup. 61.8*1 cum*.
New Orleans. 35c gallon; corn 28c
*mIm» 35e gallon; i,'<*orgla fiitie, 35c.
Salt, 100-|H»nnd, 5(K*. Axle greamC tf.tt.
9-|kM .........
lekers. 6%c |miii ml; lemon 7%i-;
*r 7e. Barrel eninfy, |»er |hiuu«I. 6c; m‘lx-
'1. |K»r iiotind. 6%«*. Tomatoes, 2-pouml.
81-90 ease; 3 pound, 82.25. % Navy tieab*. $J;
l.lma bertii*. 6%c. Ht*t tnatehe.N, per gross,
61.65. ^laenrosh 6^V»e pet pound. Sar-
Todat. Tomor.
SOUTHERN ^EXCHANGE
Oldest E.tabU.hcd Office South.
COTTON STQCiS COHOS—GRAIN
Ground Floor Gould Building. Dally
market letter And market manual
mailed on application.
Am alga mated Copper..
Anaconda.. ....
Atchison.. ..
do, preferred
Canadian Paclflc... ......
Chesapeake and Ohio. . ..
Denver nnd Rio Graqde..
do, preferred.. . .. ..
Erie.,
do.
Great
Illinois Central..
Kansas and Texas,. .. .... ..
do, preferred.. .." .. .. ..
Louisville and Nashville.; ..
Mexican Central..
New York Central
Norfolk and Western. • .. .
Northern Paeiflc. i.^ % t.
Ontario and- Western.VJ... *•
Pennsylvania. .. .; .* ....
Philadelphia and 'Heading. ..
Southern, Paclflc.-. /,?
Houthcrn Railway.. ,,
do. preferred;. ..
Ht. Paul
Union Pacific
do, preferred
United State* Steel.. .
do, preferred
Wabash
do. preferred
101% 102
102 ....
119%
82%
mL\m%
55%
41%
86% I
44% 44%
Mr 5
ITUS iSii:
I r
38% lA%
146% 144%
wl
isi'i isi-i
1*714 lili
x\
47’.j
l'H".
u’i!
«^jg:n«<rtK‘h»."^r.f i & •■fry
bring a .pot nmrkrt, ha. not frit thr an. .%.i h .IST2 ha
NEW YORK COFFEE MARKET.
New York, Nor. 27.—The coffee market
opened unchanged to 5 points lower, bet
confidence In the long aide of the mart*
sort of legitimate Impulse tha tha* struck
New Orleans, while Liverpool, probably
having decided to await further develop
ments. In view of the more liberal arrivals,
has rested on l,t* oars while value* have
advanced here. Mellera nre far too scarce
for comfort. Out-of-town spot buyers go
the rounds of the sample rooms dally and
return disappointed, spot people nre pay
ing tremendous premiums ana wondering
when the tiling Is to end. Tlie Interior Is
not offering, even nt the advance, very
freely, supplies are limited, and up to the
Close of yesterday's market the demand 1 for
Inal r«tt»i> pvldem-w) no nbntonirnt.
•aterdny ..ill apot inn rket. ronorli-il thn
tun" vlthi'r flrni or ntraily. Tim following
worn I In- official qnotntlon, for middling,
ulilrh wpJI llln.trnie thr loon I ntrongth:
Now Orlnin. 11 S-Mo^aalynton II"- “
L'lay
Now Orlonn. II .7 1«o: tialvoaton lltio: Hn-
vnniuili I "So; Momphl, 1015-lHo; llon.ton,
11 l ift-."—Hlliort A L'lny.
T IndlontM tract ,f rntn
ts B. MAjnii'itv,
Section Director.
uiust.-inl,
. Potash. 63.254*
. 5%c. Rope, 4-ply it»t-,
So;ip, ILutro t case. I
WEATHER FORECA8T.
day; Wi-dueulay fair.
-Fair and «*«>|«|it
fair nnd
Alabama-Fair Tnesihty: i-ohler in north l
portioto; Weiluesilay fair and colder in mtutb i
portloti.
irfanisai. Tenne»**ee and Kentirnky—Fair
and roller Tu«*k«l.i\: Wednewlsy fair. i
East Texas-Fair and colder Tuesday; t
Winlnesii;i> fair.
West Texa*-Fair TneqiSd'y. except p«mmi|- |
Mjr rain or snow lu evirvute West port km;
Wfduiwday fair.
HUBBARD BROS & CO., MERCHANTS
Atlanta Offices. 1I9-J1I Century Building.
Members New York Cotton Exchange. New Or-
•e«n* Cotton Exchange. Liverpool Cotton Asao-
ciatlon, Chicago Board of Trade, New York Cof
fee Exchange, New York Produce Exchange.
Business solicited for the above exchanges.
Direct wire aervite. Correspondence Invited.
Phones 454, Long Distance 39. A.S. Huitncc. Mgr.
SEABOARD AIR LINE.
.Following wore the dosing quotations of
seaboard Air Lino stocks and imnda:
Hid. Aaked.
Himlnmnl Air common.... 23% 24
do, first preferred . 80 84
do, second preferred.. ...... 50 Tit
do. ten-year 5*.. ...loo ioo%
do, tliree-yenr 5m 99% 99%
■l°* <" 81(5 82%
••line, and December liquidation and the blf
receipts. reported at the Braxlllan porti
brought out more long coffee for local tc*
counts and attracted considerable European
selling of September and the later posltlow.
The amount of.coffee recslted at the tw«
r orta so far for the season has been about
830,000 bags, agajnst 6,861.0)0 bami Ug
year and an excess of practically 3,000,
naga this year over laat, and even if re
ceipt* from now on should run *• •»»»
ns those of last season the total crop wowa
Im» over 13,000,000 bags, where** the mow*
luent nt present Is near double Inst years
Of course the crop may have been market**
very rapidly, but allowing something tor
thl*, there la every Indication that the crop
has been a monster one.—Glbert A Clay-
Following Is tbi opening range «M
close In the New York coffee market Df
today:
, Opening _
Range,
, ..5 .W-6.00 5.M-2
.. ..6.00-6.10
6.15-6.20
6206.30
. ...6.35
January.. .. .
February
March
April
May* •*
June ..
July ..
August
September. , .
October • ..
November
December.. ..
Closed quiet.
.6.40-6.45
. .6.45-6.30
,.6.55-6.60
,...6.66
. ...6.66-6.75
".Jl.8ft5.9u
5.95-6.M
6.064.1S
6.154.2
6.204-3
6.304.C
6.354.44
6.45454
6.50451
6.554.44
5.^4.«
ATLANTA NATIONAL BANK
ATLANTA, GA.
C. E. CURRIER, President. A. E. THORNTON, Vlee-Proaldent
H. T. INMAN, Vice-President. GEO. R. DONOVAN, Caahler.
JAMES 3. FLOYD, Aea’t Caahler.
Capital $500,000.00
Surplus and Undivided Profits $500,000.00
We Solicit Your Patronage. ‘
Safe Deposit Boxes
For rent in our Vaults in the basement of tlxs
Empire Building for only $5.00 each per
annum.
Absolute Security and all Modern Conveniences
You should not be without one. IVe invils
you to call and inspect them.
Title Guarantee and Trust Co• |