The Atlanta Georgian. (Atlanta, GA.) 1906-1907, November 28, 1906, Image 10
|MBR
10
.THE ATLANTA GEORGIAN.
VEDXHDAT, SOVESIBEB K, 1906.
COTTON ACTIVE
IN EARLY TRADING
Prices Were Lowered on
• Profit-Taking Sales in
First Hour.
A HOLIDAY MARKET
Undertone Steady in the Af
ternoon at Prices Slightly
Above Tuesday's Close.
,NEWS AND GOSSIP
of the Fleecy Staple.
las to t
minutes ii
(WmI ii ml*
pMhnf t*i
i>« were JuMt about iis
Tin* list failed to hold,
oilt taking. and within tlvi
fter Hi*' call values her
room account.
morning wn* a limit .is ex-
Yoi k * clou* of ycHtcrdny
lepnrttmmt. Trade %vns uot
• /ind ehlefly through
at the close wore steady
Liverpool till-
beefed oil Nov
in the futtin s
Cft .'Hi oxteijsh
dull ness prli os
points lower.
Following Is the range .in the active
months 1u Liverpool today.
Open. High. Low.
November 5.97 5.99% 5.9!
January-February 5.75 5.79% 5.74
March April.. 5.75 5 *1% 5.75
May-June 5,79 5.xt 5.78
Knot*' Wop* quoted H polnta lower for
middling at A.13*I on sale* of X.000 linlea, a
•light Inerease In takings h.v spinners.
■ The ihdlls were III u lenient uiml this
bioMdng. and fed tin* shorts with sutTI
Clanl wad ton to brepk Hie umrket aotue 8$ill
points during the edtly trading. On the
active months first pricoa were 2®4 points
lower, Unchanged prleea were tine to re-
■lHi.nl to Liverpool'* showing. From the
opening figures the decline noted above is-
•furred in the first In ur’s trailing.
In the first hour of the Afternoon th*» mar
ket kr.t* ii holiday ntqMiarance, though
prleea had mllletJ several points, mid were
■t iling at about Hit* elosiug of Tuesday.
Tim New lork 4'ominerelnl In review
Of the cottou market on .Monthly morning
•ays
Is
feeling of
"The
cot ton market
this season. Tin* market
v it lice, mill the bulls seem
the s|H>t sltuntlttn, whleh I
anfidetico InThe
t not been aeen
wants
of
„_.„jSt futti.
higher prices Inevitable
strong professional
ed that
nl basis
It: 9iieh
Idea that the public must al
ways be wrong, but there Is lust us good
« chance f'»r the puhtle to he right ns there
Is for the professionals—In point of fart
Private Wire to Glbert A flay.
New York: Nov. 28.—Liverpool-at 12:30 .
m. wai 3 am! 3% lower. Alsiut as expected.
.On* this basis we should o|h»ii unchanged
Oti any ret'esslon fr.hu them* prices V
favor hnylpg. “*
New Orleans selling fn this market.
Market advancing on unconfirmed sue
fn Texas.
Om* hundred and forty-eight members of
the Liverpool Gotten Exchange give average
estimate of 12,443,090 bales as this year*
crop. *
I urge nil my frlemla not to sell their
New York contracts, especially,
market; rather buy on all favorable oppor
tunities.—<!, D. Freeman.
Journal of Commerce: It ts becoming In
creaalngty difficult for small buyers to
the assortments of goods they roquiri
quick shipment, ami umny new fares appear
In the different houses because of tin* ear-
t hunt that is being made for some styles
goods. The export trade as a whole
shows improvement In the Far East
•nt of more business passing with the
river ports and the receipt of inquiries
light weight sheetings to replace sold
goods established in the market. This lat
ter feature shows that some trade la being
done, and (i fs accepted as showing a re
covery from the utter dullness ho frequently
noted in the past five months.
Hledetiherg A Go. have compiled the crop
guesse of the ntemlM>ra of the exclaim
The work was completed yesterday, but 3
Sb'denberg said that It would not he glv
out until today, and pledged himself that It
should not lx*.
Garpenter, Itaggott Ac Go. received the fol
lowing from Bush A- Witherspoon of Wi
Tex.: "Owing to the enormous demand ni.
grades are on an unprecedentedly high
basis. Heavy rains. Light offerings. Ex
pect higher prices.'*
New Orleans, Nov. 28.—Liverpool
down Js I letter than expected on our ..
ket, a decline of 7 to 8 points being ex
pected.
Liverpool cables: "Egyptian houses are
Inning. Think local Interest long."
The Gulf flag Gonipnny of this ell. . _ „
estimates received and making due allow
a nee* for variations based on previous
years, estimates this season's crop at 12,489,
657.
We understand tlint Iwith the local mid
portions of the Interior *jh>I situation show
signs of easiness. There appears to he less
Inquiry on the part of buyers, hut It Is dif
ficult to get n line on quotation* ns ye
The veutlier map shows continued sin
In the western belt nud clear, dry
•f the Mississippi river. The
wea the
wen the
dlentcM
■older throughout nud In
ii further drop hi temperatures,
western forecast Indicates partly
ultra-professions I
market ha* u ' *
ently, and
too
any
r . would hardly
to try to sell the public all the
the cotton
lieeessful
perhaps,
utild buy. If the buying
otton It
I PI cut should
headway.
"There has been no change In the stud
conditions III the South, unless It In that
tliev are'growing more acute. The good
grades can not be bad, and prices of all
grades are advancing rapidly. The Houth
bought freely yesterday, which must be
taken as an expression of the belt** Idea
Of tie* spot situation.
"There was no time during the day
when It showed any weakness. Whenever
there seemed to be a few buying orders
on the Ihsir. there was hammering which
would seem to mean that there are short In
terests still fighting. The hammering could
not bold the market down, however, and
tlmie was a rally after each decline. *
The semi-weekly movement Is ns follows:
Receipts 147.654. against 120,992 last y»»nr
Slid 14—. 7**1 In 19iM.
Shipments 1-M.tWS. against 97.309 last year
amt 109,221 Id 1904.
ytqcks 412.30a, against 384.714 last week.
473.990 last year and 525,014 In 1904.
Organs spot market Is said to
‘ onaldrrnbly ami holders
fusing to grunt eottcea-
The market Is now said to lie un-
have steadied t*|»
GIBERT & CLAY'S DAILY
COTTON LETTER
New Orleans. Nov. 28.—Liverpool option
rol4d« steady but featureless with a very
goad, under ton i* to-the market and a din-
posltlml >t»f iff III ’look with fan* upon pres
cut H*vbfs. tiptmns ridged 5 pdlnts'lower,
while spot sates amounted to 8.000 hates
rtf'g ^OSHvIU qiloTSfions of 8 points,
A8 Vet till* relative weakness of
Isltitaffon* lias not become fully infiMentliil.
Tralay’s developments undoubtedly denote
less activity on the part of buyers, mid In
many Instances It Is reported that the de
mand Is actually subsiding. However,
drawing of the month to a close is alwuy ^
source of some uncertainty and It may
eventually prove that the present lull hut
reflects a temporary state. Neverthetc
It Is safe to assume that, should the till
ket display a tendency to decline, the In.«
of demand would heroine more of ii reality
and thus the market would find Itself with
out Jts most Inlhiriitla) support.
For the time being It Is advisable t«
reed cautiously If for no other reason
that forthcoming events of the greatest
haping public sentiment may
December
h* Issued on tills
mm of statistics
m for Its estlumt
hi.-It will la* Issued ou tin* PMli.
aliens were narrow during
hut the
date lie-
requires
this Informal! 1
cron, which w.
Fluctuations were narrow during the
afternoon, the dose being steady net 24f
points higher for the active months. No
> ember closed 25 Milts lower.
Gninpnrotlvo receipts nt all United State
ports: *
Net receipts tedn.V
Haum day last year.. ..
Increase
rotnl receipts for four day
lame days last year.. ..
Mmi*
I net
Total receipts since September I.
Same time Inst year
New Orleans 14.000 to 16,000
Galveston. 20.000 to 23,000
Houston 13,000 to 15,000
Same day Inst
. 64,899
. 48,070
6.829
. 245,748
. 2.11,8:'
. 11,923
4,153,598
3,910,51.1
243,083
1905.
Imr
17.147
10,819
6.328
8POT COTTON MARKET.
Liverpool. spot cwtton easier: middling
uplands 6.13d: sale* 8.000; American 6,200;
speculation and export receipts 7.200;
nil American.
Atlanta, quiet at 11c.
New York, steady at 11.4V.
New Orleans, quiet nt 113 16c.
Boston, firm nt 11.4*v.
Houston, steady at 111-lCc.
Galveston, firm rtt ll%c.
Memphis, steady at 101516c.
Norfolk, firm at llU**.
‘ Wilmington, firm at !'*%«•.
St. Louis, firm at 11c. *
Mobile, firm nt J91M6c. *
Gharieslon. Aim nt
Sjivauiiali. easy nt in ll-16e.
TODAYS PORT RECEIPTS.
L. J. ANDERSON & CO’S.
COTTON LETTER.
New York, Nov. 28.—The market gave
sldemhlc evidence of strength today, though
after the openlug the liquidation of small
longs who had no faith InGhelr convictions
caused January to sell do*n to 10.30. **
fids point there was a quick rally hi
tlic opening figures, where the market ruled
steady nil day. There was some disposition
Imtli sides to get out over the Tlinnka
failed to run In line with tin* expectations
of the large crop theorists, but we
over Inst year. Heat Intent Is still
bullish, led by the strength of
situation, hut there is a disposition t
good Millies until there is
Me fulling off in tin* recelji
nlto is known ns to
a is nb
WEATHER FORECAST.
>rglu—Fair Wednesday
iy an
Florida, Alabama and Mlssla-
alppl—Fair IVednesdny mid Thursday.
Arkansas-Fair Wednesday; eoluer In
east portion; Thursday fair.
Western Texas— Generally-fair Wednesday
and Thursday; possibly rain or snow Thurs
day In extreme west portion.
Tennessee—Fair Wednesday; colder in
cast portion; Thursday fair.
PRIMARY MOVEMENT.
The following figures give the prlmar/
iiovement of wheat and corn:
When!-Receipts today 860,000 bushels; ins!
reek 862,060 bushels, against 934.000 hush
Is last year; ahlptuenlH tisluy 745,(9)0 Imali-
ls; last week 501,oou bushels, against 328,-
000 bushels last year.
s tislay 819.000 bushels; Inst
•labels. against 645,000 hush
CHICAGO CAR LOTS.
Edited by
Joseph B. Lively
•- #
MARKETS
Mr. Lively** twenty-five
years* experience of ed
iting markets In Atlanta
and the South has made
him a recognized aiK
tbority In hta specialty.
TIPS FLASHED
From Wall Street.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
NAME OF STOCK.
Amalgamated Copper.
Atlantic Coaat Line. .
America* Sugar Bsf. -
Anacondix - -
American Locomottra.
do. preferred. . . .
American Cot*ia Oil. .
Atn. Cur Foundry. . .
Baltimore A Ohio. , .
Brooklyn Rapid T. . .
Canadian Pacific. • • .
Chicago A Northw'n. .
Chesapeake * Ohio. .
Colorado Fuel A Iron.
Central Leather. . . .
do. preferred.
co A flrett W. .
Cblnga, M. A flf. P. .
Itvinuuitt it liquson. .
Distiller's Securltira. .
Erie
do. preferred. . . .
General Electric. . . .
Illinois Central. ....
Am. lee Securities. • .
Lotuavtllo k Nashvilla.
Mexican Central. ...
Missouri Pacific. . . .
NAME OF STOCK-
Northern Pacific. . .
New York Central. .
Norfolk k Western.
Pennsylvania. . . . .
People's Gas. ... .
Pressed Steel Car. .
do. preferred* . 1
Pacific Mall.
Reading. '. •
Republic Steel. .
Southern Pacific. .
southern Railway.
■ do. preferred. .
Sloas-Sheffleld.
Tenn. Coat &
Texas k Pael/L
Union Pacific. ....
United States Steel,
do. preferred.
Western Union. .
Wabash
do* preferred.
Total stock Hit lea today 551.000 shares.
NEW YORK.
Nov. .
Dec. .
.Inn. .
Fob. .
March.
April. ,
May.. ,
June..
July.. .
Jtli
11.25111.26111.0
10.60 10.61! 10.49
10.60 10.63 10.63
10.70 10.72 10.60
3a
11.00-10
10.31-32
10.41-42
10.49 n
10.60-61
10.65-67
10.71-72
io. 76-77
10.78-79
11.25- 85
10.25- 26
10.47-49
10.56-67
10.62-64
10.66-67
10.70-72
10.73-74
Closed steady.
LIVERPOOL.
dose, compared with
Futures opened.easier.
Oitenlng Previous
Range- 2 p. m. Close. Close.
November. .,6.97 -5.97% 5.96 5.95
Nov.-Dec. . .5.79%-6,85 5.82 5.82
IJec.-Jnn. . .D.74%-5.78 5.77 5.76
Jan.-Feb. . .6.75 -5.76% 5.77 5.75
Feb.-March. .6.75 -5.78 5.76 5.76
Mar.-April,> ..5.75 -5.78% 5.79 6.
Aprll-Muy: :5.76%-5.81% 5.79 5.
Mny-Junc. . .5.79 -5.81% 6.82% 5.1
June-July. . .5.80 -5.83% 6.82 6.1
July-Auguat.,5.82 -5.82% 6.84
Clot
5.95 5.98
iosed steady.
NEW ORLEANS.
Th« following Ii the rangs In cotton fa-
taros In Nsw Orleana today:
!
JS
if
a
i
Si 11
f|
Nov
Dec. . • . .
Jan
Feb
March. . * .
April. . . .
May.. . . .
Jane
July
.J..
10.65
10.75
10.82
iV.oi
iV.ii
iolst
i&at
pCti
ilo6
ii'.is
io!®
10.G6
io!77
R95
ll'.oi
10.93
10.81 10.81-82
10.82 10. oi-8i
10.88-9^
10.91 10.82
10.1*8-11
11.0611.06-07
if. 13-15
11.15 11.18-20
10.85
10.75-76
10.75-76
10.82-84
10.86-87
10.93-95
11.0 1 *-02
11.07-09
11.12-13
Closed steady. *
Private Wire to Glbert & Clay.
New York, Nor. 28.—Marshall, Spader A
Go.: "In view of the elimination of mmUo
disquieting Influeuce*. fnelmllug fears of
more acute monetary conditions uud n
more favorable view of the ,Union Pacific
report nud Great Northern distribution, we
think the market will respond today by a
show of strength, and recent trading sug
gests this umy take the form of an ad
vance In th** coalers. Baltimore ami Ohio
and the Coppers, with.a further advance
in Union Pacific nud Atchison."
Dow-Jones' summary: Americans !u Lon-
223% don firm purity. 4
129% 1 Copper stocks In London show strength.
94% oml general market Is firm. ^
'38% Light demand for stocks in loan crowd.
Estimated Amalgamated Copper will show
$30,000,000 net earning* next year.
Grain movement In northwest delayed
by ear shortage.
No siHidal stringency of money antici
pated over holiday. . ....
Twenty-two roads for third week In No
vember show average gross increase of 6.14
per cent.
Twelve Industrials advanced .28 tier cent.
Tweuty active railroads advanced 1.06 pc
cent.
New York’Financial Bureau: Among the
I test purchases we believe should he In
cluded St. Paul. Reading and New York
Central, so far ns Immediate movements
are Indicated.
There Ik good reason for believing that
Union Pacific will be put higher. The re
actions in these stocks In tlu* afternoon of
vesterday wits realizing, and a professional
drive, but the higher London this morning
shows the hollowness of the professional
action.
We regard Copper ns a good purchase, and
believe that It will go much higher later.
Atchison I* also in position to advance
as soon ns the slight cheek, nronnd 1»3 Is
removed.
The Hill stocks. Great Northern prefer
red, Northern Pacific nud nlso Northwestern
are tipped by high-grade houses.
Anaconda Is tipped by Boston for 300.
We are very favorable to Louisville and
Nashville. It and the Southern and South
western railroads should he bought to hold
for a long time.
STOCKS AT START
WERE
Recent Market Lender?
Showed Declines in the
Early Trading.
SOME ISSUES STKoxgI
Those Not Fully Sharing
Advance Brought tu
the Front.
SEABOARD AIR LINE.
IJno stocks aod bonds:
■*' Bid. AaUod.
Hon board Air Line, common.... 23% 25
do. first preferred .. 80 84
<lo. second preferred..
NOTES ON GRAIN.
Pointers on Provisions.
rlvatc Wire to Glbert A Clay.
Chicago, Nov. 28.-rCttbles nro steady,
veiling up December contracts will prob
ably Ih* the Important trading feature to-
' iy. Think Mn.v wheat a safe purchase.
Corn decidedly firmer, with cash houses
buying December. No pressure on the tnar-
wlfb the trade very slow and ft little De
cember liquidation under wny. For the
first time in it number of weeks the north-
arc ahead of last year.
is lilghe
I buying
mission houses. The local longs took profits
n the bulge.
The Chicago Journal: "Cables and week-
world-statistics favored the holder.
While world's shlpiiientH for last week ran
the estimate, the total was 2,072,000
bushels smaller than for the same week
Inst year, with UumsIiui and Danuhlnn ox-
[Mirts smaller and American larger than
last year. The two former countries ex
ported 5,240,000 bushels, compared with 7,-
248,000 bushels Iftst yenr. and America 3,688,-
OUO bushels, against 3,328,(M)0 bushels lakt
year. The amount ou ocean passage de-
creased 224,000 bushels to a total of 28.792,-
ooo bushels, or 5,152,000 bushels less than
as a float last year. Liverpool stocks de-
WHEAT OPENED
BATHER HEAVY
Professionals on Bear Side
of Both December
and May.
vy under further liquidation of
December, whleh showed n decline of \iv
Immediately after the opening. I-ocnl pro
fessional crowd Is on the iwar aide of both
December nnd May options. Cables
steady, with trade rather light.
NEW YORK COFFEE MARKET.
THE 8UGAR MARKET.
NORTHWE8T CAR8.
THE METAL MARKET.
York, Nov. 28.—A steady tone pro
ailed in tin. copper, tend ami spelter
hleh were quiet nud unchanged.
CHICAGO GRAIN MARKET.
for today follow:
Open.
WHEAT—
Dee.... 78%
May..
Juijr«.
m
CORN-
Dec 43
May 43%
July 44%
OATK-
Dee 33%
High.
74%
J8%
43%
44
44%
33%
42%
43%
44%
33%
July :
I'OHK—
Jan.... 14.65
May.. 15.02% 15.02% 14.85
LAHD-
Nov... 9.47%
Dec... 8.75
Jan.... 8.60
SI DEM—
•Tan.... 7.82%
May... 7.96
CA
34%
72%
7.4
77%
43%
ft
82%
S8
14.65 14.32% 14. t
9.50 9.47% 9.5*)
8.75 8.67% 8.67U
8.52% 9.45 8.45
9.25
8.70
8.47%
7.82%
7.95
CASH WHEAT—
hard winter
THE LIVERPOOL GRAIN MARKET.
Wheat-Opened unchanged; nt 1:30 p. in.,
% higher; closed unehunged to % lower.
' •rn--OiM*ned unehungml; at 1:30 p. in.,
4 hlgficr; closed *» higher.
New York. Nov. 28.—The coffee market
opened steady at uuchnnged prices to u de-
ciine of 6 poiuttt. only one month being
lower, nud during the curly session ruled
generally steady with, prices at mid-day
utiehnngpd to 5 polnta higher. The ndvni
was due to small offerings nud some
inand, probably, for short account, such
might he expected after the recent sev
declines on the eve of ft holiday. Receipts
at the two ports were lighter at 86.000 bags,
* -* the Interior santos movement
the same time last year. Trading here was
quiet and sales nt mid-day were not much
over 17,000—Glbert A Clay.
Following Is the opening range and
close lu the New York coffee market for
today:
• Opening
Rnuge.
March....
April
May
June
July
August
Meptenihcr
Oetnlier
November
December.
Closed steady.
5.85
5.90-6.00
6.05
6.10-6.20
6.20-6.25
6.25-6.30
6.40
6.45 0.50
6.55
, .5.80
5.75-5.80
5.85-3.90
5.95-6.00
6.05-8. lo
6.10-6.15
&»-£&
6.30-6.35
6.33 0.40
6.40-6.45
6.50-6.55
5.65- 5.70
5.65- 5.70
COTTON SEED OIL.
Opening. Closing.
November 41 4»43 42 f"
December. 38 ®j39 38%l
January 36%W 37 <i
February 36%ti37 36 fi iT
March 36%f/37 36%&37g
May. 36*4^36% 36%4Y36%
Hales, 10O January at 36%. Closed steady.
do, ten-year
m
luo%
•19%
82%
STOCKS REVIEWED
BY NEW YORK SUN
L. J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, 6RAIN
Correspondent’s Capital $250,000
HEPCRENCC. THE NEAL BANK
PHONE I41T. PRUDENTIAL BLOC
SOUTHERN EXCHANGE
Oldest EvtAbtlahed Office Boiith.
C 0 non STOCKS —BONOS—GRAIN
Ground Floor Gould Building. Dally
market latter and market manual
mntttd on application.
Safe Deposit Boxes
For rent in our vaults in the basement of the
Empire building for only $5.00 each per
annum.
Absolute Security and all Modern Conveniences
You should not be without one. IVe invite
you to call and inspect them.
Title Guarantee and Trust Co.
Today. Tomer.
The following table
otnpared with the
New Orica
Galveston.
Mobile. . .
vii nun b.
GlinrieKNiu.
Wllmlugtoi
' rfelk.
1.1112
l'.'TJ
8813
luti)
New York.
I’xixtyii. . .
INTERIOR RECEIPTS.
The following table allows receipts at the
Interior town* today, compared with the
tame day laat year:
11257
4781
1783
I3C ALABAMA ST
GIBERT & CLAY
•TOCKt. BONOS.
COTTON. CHAIN.
COFFEE, PROVISION*.
MEMBERS
i New Orleans Cotton Exchange.
( New Orleans Rtoek Kxchange.
ATLANTA. CA
New York stock Fsehnnce. ; New Orleans Cotton Kxchange. i Chicago Roard of Trade.
NVw York Cotton Kvbnnge. : New Orleans Rtoek Exchange. | Liverpool Cottou Asa’n.
New York Coffee Kxchnng*'. ! New Orleans Board of Trade. 1 Galveston Cotton Kx.
BIOVATE WIRES To ALL EXCUANGKR.
Local and Long Distance Telephone 5298. C. E. KEPLINGER, ManaQer.
ALONZO RICHARDSON & CO.,
PUBLIC ACCOUNTANTS
AND AUDITORS
Empire Building- Bell Phone. Main 8.)G
ATLANTA. GEORGIA.
terday of the klud following a three or four
days' depression III the market that Wall
street has become very much accustomed
to. While there were various developments
of a sort that would ordinarily be accounted
a a favorable to values, the strength of the
market whs dearly attributable in the main
to the buying back of stocks bj* speculators
for the decline in the more or less violent
manner in whleh that otieruthm is oft
conducted. There were, for one thing,
signs of the tightening hi money rates
the end of the month, which was for sot
time a source of anxiety, real or supposi-,..
In speculative circles. Ill the London mar
ket money appeared to be somewhat more
In demand than It was here, estimate* pre
vailing there that'In spite of Bunk of Eng
land's large recent galas In rush there will
he shipments from I^mdoii to South Ameri
can financial centers of something over $2.-
000,000 a week between now and the end
of the yenr. A large speculative account
in American stocks was also supposed nt
the end of the London settlement and the
contango or carrying charge of them* stocks
until next settlement day averaged over 3
t*r cent. Union Unelfic annual report, .to
lilcli publicity was given yesterday before
the opeuiug of the market, made upon the
whole a favorabb*: Impression eFqn if It at
tested ' tlint estimates that have recently
been current regarding the earnings of the
company in the Inst fiscal yenr were un
duly exaggerated.’’—Glbert A Clay.
BANK CLOSING NOTICE.
Thursday. November 29th, “Thanks
giving," is a legal holiday. The Qanks
composing the Atlanta Cftaring House
Association will be closed for business
on that day.
JOS. A. McCORD', President,
DARWIN G. JONES, Manager.
New York, Nov. 28.—Prices ..p„ n „j I
higher on the exchange this m,„vinir, I
but the best figures of the day 1
made within the first few minutes
ing. At subsequent Intervals individual I
stocks went higher. New York < v mr ji I
was particularly strong, the rb
presumably based on the idea that ail
the subscription rights cease t■ • |,< 1
traded In after today the -Hperuhitivc
situation In tfye stock will he materMn«
improved. The minor Vanderbilt | s .
sues were hid up In sympathy, and fip
a time there was some rather vigorous
buying of such specialties ns Brooklyn
Rapid Transit, Denver and Rio Grands
and Ontario and Western. But tin*
more prominent stocks, such ns um-.n
Pacific, St. Paul afid Reading, were
freely supplied nt the opening mid
sank gradual# lower with the «
of the morning. The announced
fresh rights to the shareholders
Hill roads caused some buy
Northern Pacific*, but upon
Northern it Imd no effect. Som
were entertained of a run up in
rates at the close of the day. it
peclally as the hanks report at the J
sub-treasurv their weeks’ loss Incr* as* 1
to 13.000,OftO.
The stock market ruled Irregular •lur
ing the first hour with some strength
in Issues that have not yet slimed fully
in the advances made In the lost week.
New York Central was a prominent
feature, making a gain of i 7-s point
St. Paul declined from 184 t" 1^2 T-'
and Union Pacific front lsx l-t ir
187 1-8. Great Northern preferred front
319 to 317 1-2, and Northern Pacific
from 224 1-2 to 222 1-2. Kansas and
Texas declined 1 1-2 to 41 3-4.
London bought 20,000 shares, tnostiy
Kansas und Texas and. Union Pacific.
Government bonds unchanged, ('tint
bonds steady.
LONDON 8TOCK MARKET.
'■nt .,f I
"f the I
«ig in I
Gnat I
f*H n
HTOCK8-
ef erred..
Amalgamated (Topper...: .
Anaconda
Atchison
do. preferred
Baltimore and Ohio
Canadian Padfle...
Chesapeake nnd Ohio.. .,
Denver and IUo Grande..
Erie..
do. preferi
Great Westeri
Illinois Central .
Kansas and Texas,. ..
do, preferred
Lottlsvnle and Nashville
Mexican Central
New York Central.. ..
Norfolk and Western..
Northern Pacific... .. ..
Ontario and .Western. . .
Ivanla....
dplthi i
Bock Island.
Southern Pacific...
ih*. preferred.. .'.
St. l’utd
nloti Pacific,.. ..
do. preferred.. ..
United States Steel.,
«lo. preferred.. ..
Wa basil
do, preferred.. ..
THE AMERICAN AUDIT COMPANY
Home Office, 1CM) Broadway, New York City.
F. W. LAFERENTZ, C. P. A., President.
C. E. Manwiring, Vice President, Theo. Coeheu, Jr., C. P. A., Sec. and Trtas,
BRANCHES:
Waldorf-Astoria. ATf.ANTA—Fourth S’at'l Bank tlldi
Building. CHICAGO—Marduette Buildins.
W A8HI.NGTON—Colorado Bllllding. I'HILADKLPHIA—Bellevue-Slartfnrii.
NEW ORLEANS—Hennen Building. SAN FRANCISCO—Bolden Building.
LONDON, ENGLAND—* King Street, Cheapaide.
ATLANTA BRANCH 1015-18 Fourth National Ban'.: Building.
C. B. BIDWELL, Resident Manager.
Telephone, Main 872. Cable Addreae, Admit. N. Y.
Central Bank * Trust Corporation
WM. H. PATTERSON, Vice President.
WM. D. OWENS, Assistant Cashier.
Atlanta, Georgia.
OFFICERS.
ASA Q. CANDLER, President. '
JOHN S. OWENS, Vice President. A. P. COLES, Cashier.
Condensed Statement of Con dition as called for by State Treasurer at Close of
Business November 12,1906.
COMMENCED BUSINESS FEB. 6, 1906.
RESOURCES.
Loans and Discounts $1,304,820.36
Demand Loans ... 108,012.75
Stocks and Bonds 89,023.80
Overdrafts 207.62
Furniture and Fixtures 2 88011
« aaVl (In Vault $219,345.81
<Due by Banks.. 486,052.81 705,398 62
W»I. I„ FEEL, PrniJent.
ROBERT K. MADDOX, Vic* Pmldrai
TflOMAH J. PEKP1.ES. Calillfr.
JAMES O. 1.ESTElt, Alllatnut Cn.StM
JAS. P. WISDSOR. A«»l»t:mt CMblw.
MAODOX-RUCKER BANKING COMPANV.
CAPITAL $200,000.00
SURPLUS AND PROFITS . . $500,000.00
Accounts, small as well as large, invited.
3 1-2 per cent interest paid and compounded semi-
•annually in our Savings Department.
ritDriroTIto $2,210,343.26
LIABILITIES.
Capital Stock $. 500,000.00
Undivided Profits (Net) 42,689 39
iw.cit* (Individual.... $1,013,584.91
.Deposits (Banks 616,243.96 1,629,828.87
Rediscounts 37,825.00
S2,210,343.26
LOWRY NATIONAL BANK
Designated Depository of the United States.
CAPITAL $500,000.00
SURPLUS ....* 400,000.00
UNDIVIDED PROFITS 140,000.00
A general banking business transacted.
Foreign exchange, Letters of Credit.
Corresponds direct with the National Bank of
Cuba.
Frank Hawkins. Prpildpnt
• V. Tfloraaa C. Krvrfn. Amt. Cmhler
, Ca*Mer. U. W. ftycr*. Amt. C ashier.
Third National Bank
Capital
Surplus
directors
j'mnli llanrkln*.
II. M. AlkiiiAon.
i<w*».h A. McCord.
$200,000.00.
$300,000.00.
Dilvld Woodward-
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