Newspaper Page Text
WEDNESDAY, NOVEMBER 58. 19M.
Mice! Were Lowered on
* Profit-Taking Sales in
First I Lour.
A HOLIDAY MARKET
Undertone Steady in the Af-
. tenioon at Prices Slightly
Above Tuesday's Close.
New York. Nov. 2*.—fftrefiie-rtr at the
outset of the local cotton market wan ac
tive. iiinl prices wore Just about nt due
on the cables. The lUt failed to bold, off-
ud within five
i here had drop-
Trade ap
peared to I*.
chiefly fui
nceount.
Trade wan not
hlefly through
• were ateudy
Liverpool till* morning w
period mi New York s oh
id Ihe future* department.
CD an extensive scale, and
dullness prices at I lie do
Sfto points lower.
Following t« the 1 ’ rfltitfe in the octlre
mouths lu Liverpool today 4 .
. y Opeu. Hlirh. Low.
November.. 5.97 5.99% 5.94
Jauuar.v-Fel»riiar.v 5.75 5.79% 5.74
March-April.: 5:7.'. 5.81% 5.75
14ny-J,ui|c.* 5.79 5.83 5.7H
Hoofs were quoted 8 points lower for
inhfdHtig nt*6.i:ld bn sales of 8,000 bales, n
■light increuw* In tnkiugs by spinners.
./tint .bulls were In u leylcnt mod tills
uiojulijg. 'ind fed- tin* short* with snffl-
denl cotton to.break the market some Htfill
points during the dnrljr trading. On tIn
active months first prices were 2©4 points
lower. I'whanged prices were due lo re
spond to Liverpool’s showing. From the
opening figures the decline noted ubove oc-
fctmed in the first Iitur’a trading.
In the first hoar oC the uC ter noon the uinr-
ket had a holiday nnpearunce. though
prices bad milled several points, and were
'selling at it bout the eloslug of Tuesday.
The New lork Commercial In review*
of the cotton market on Monday morning
Private Wirt .'to filbert:& Clay. * ■
New York. Nov. 28^-Lfverpool at 12:10 p.
m. wnn 3 and 3% low*er. Atmut ns expected.
tin- 1bift .hifflfa we should open uuduuiged.
Op anjrrfkcsaloi fndii these price* wo
Id Texas.
One hundred and forty-eight members of
the Liverpool t'otton Exchange give average
estimate of 12,443.000 bales ns thta year's
tuiiitles.— c. I). Freeman.
Journal of Commerce: It Is becoming In*
(‘iislngly dlfTleiilt for small buyers t6 And
In the dlfTerent houses beenuse of the ear
nest hunt that. In being made fur gome style*
of g<»ods. The export trade ns a whole
shows improvement in the For Fast to the
extent of more business passing with, the
Mr. Lively** twenty-flvo
years' experience of ed
iting markets In Atlanta
and tha Sooth baa made
Idm a recognised au
thority In h!a specialty.
TIPS FLASHED
From Wall Street.
RANGE OF NEW YORK STOCKS AND -COTTON MARKETS
weight sheet lugs to replace sold
for llgl..
goods established III the ....
ter feature shows that some trade la being
done, and It Is accepted ng nhmvlng n re
covery from the utter dullness at) frequently
noted In the past five months. I
Hledenbvrg & Co. have compiled the crop
guesse of the members of the exchau
The work was completed yesterday, but J
Hb-denberg said tluit It would not be given
out until today, and pledged himself that It
should not Is*.
lowing from Bush A Witherspoon of Waco.
TeX.: "Owing to the enormous demand all
grades are on an unprecedentedly high
basis. Heavy rains. Light offering*.' Ex
pect higher prices."
^Ni'W Orleans, Nov. 28.—Liverpool
down Is better than expected on our mar
ket. a decline of 7 to 8 points being ex-
pi*eted.
Liverpool cables: "Egyptian Iioujipj
buying. Think local Interest long."
The Gulf Bag Company of this city,.,
estimates received and making due allow
aneea for variation* based on previous
■nr*, estimates this season’s crop at 12.489,
says
cling
In the
,., v ... confidence
cotton market such as Inis not be
this season. The market wants to ad-
.vnnee, and .tile bulls sceu» convinced that
the spot situation, which Is the real basis
of every honest future market, fu Juch
ns makes higher prices Inevitable. There
Is ninny* a strong professional crowd to
the Idea that the public must nl*
in the cotton
'market has not been any too successful
recently, and would hardly care, perhaps,
to try to sell the public all tin* cott
<v/uid bur. It the buying movement »,
ever really get under headway.
"There lias been no ehnnge In the .
eoiiditloiis lu tlic Hottth, unless It Is that
they arc growing more acute. The gu
grades can tint be had, and prices of
grades nre ud\am-lng rapidly. The Hoytli
lNinght freely yesterday, which must I
taken as an expression of the belt’s Idr
of th«* spot situation.
signs of easiness. Then* appears to lie less
Inquiry on the part of buyers, but It Is dlf
ficult to get s lhie on quotations as yet.
The weather map shows continued show
ers in the i western belt and clear, dry
weather east of the Mississippi river. The
went Iter Is much colder throughout and In
dicate* n further drop In temperatures.
'"** ■ western forecast Indicates partly
ably
GIBERT & CLAY'S DAILY
COTTON LETTER.
tie
time during the
il showed nny weakness. Wbe*
Seemed to be- I» few buying oi
n tin* llm»r. then* was hammering
day
dors
hick
„ that*there arc short In
terests still fighting. The hammering could
not hold the market down, however, and
then* was u rally after each decline."
The seiul-weekly movement Is as follows:
ltccclpt* 147.664. against 120.992 Inst y**ut
and 142.701 In 19)4.
Shipments 1X008, against 97,369 last year
and 109.221 lu 1904.
Slock* 412,3«», n,
ITa.Iffl lasl^yeat am, —. «. ... -----
Tin* New orifana spot market is said to
' Ini Vi* steadied up considerably ami holde
are reporled as refusing to grant eonce
shuts. The market Is now' said to be ui
changed.
It is officially staled Hint the census
bureau will try and Issue Its reiwrt before
no*m on Saturday, December 8, but the
rejmrt must In* Issued on tills date 1st-
cause the bureau of statistics requires
this Information for its estimate of *•
crop, which will lie Issued on the 10th.
Fluctuation* were narrow during
nttenM«»ii. the close being steady net 2fl«
points higher for the active months. No*
vemls-r cloned 25 pnlnti
Cmnparatho receipts at all United States
iports:
elpts today 54,899
itu day Inst year.. .. .. ....... 48,Oft)
. 6,829
.. 245,748
... 233.826
.. 11,923
. 4.153.598
. .3,910.613
.. 213.085
New Orleans, Nov. 2S.—Liverpool options
ruled sternly bqt f#nturfl6s* frith-a very
good undertone to the, market mid (T dis
|M>sitlon to still look with fnVor upon
cut- levels. Options closed 5 jmlnt* Ic
while spot sales nniounted to H.000 bales
.at a. loss In quotations of 8 points.
As yet the relntlve weakness of the
sltimtlsn . has not become fully Influei
Today’s development* undoubtedly denote
less activity on the part of buyers, and In
many Instance* It Is reported that the de
mand I* actually subsiding. However, the
drawing of the month to n dose Is always n
source of some uncertainty and It may
vent unity prove that the present lull but
* fleets u temporary state. Nevertheless
It Is safe to assume that, should the
display a tendency to decline, the
lei mi nd would lieeoine more of a reality
and thus the market would find itself with
out Its most Influential support.
For the time being It Is advisable to pro
reed cautiously If for no other reason tnan
that forthcoming events of the greatest
Influence are shaping public sentiment may
upset the most conservative calculations.
L. J. ANDER80N A CO’S.
COTTON LETTER
New York. Nov. 2«.—The market gave con
siderable evidence of strength tislny, though
niter the opening the liquidation of small
*mgs who had no .faith in their convict'
jtUHcdNlnndnry to-sell down to 10.39. F
i Ills - point, there was n quirk rally Isick to
the opening figures, where the iuarket ruled
steady all day. Then* was some disposition
oil Iw.th sides to get out over the Thanks
giving holiday, but In the main the market
was - steady and quiet. Itecelpts again
failed to run In line with the expectations
of the large crop theorists, but were slightly
over last year. Hentlment Is still decidedly
bullish, led by the atrength of the spot
situation, but there is a disposition to tnke
profits on ull good rallli
more perceptible fnlllni
-jjore il« „„ .
the other hand, there Is ir
— , , ...Ulna off In the receipts
or somathitig more definite is known ns to
the crop. On “ ‘ ‘ '
WEATHER FORECA8TT
Total receipt* since Beptetnbe
‘Same time la**t year
Estimated tomorrow:
1906.
New Orleans 14.000 to 16,QUO
tiulvestoil. 20.000 to 23.000
Houston ia,ow to i5,ooo
.Movement nt Atlanta:
1905.
13,620
17.300
tleorgla—Fair Wednesday; colder lu east
and south portions; Thursday fair.
Louisiana and Eastern Texas—Partly
oudy Wednesday and Thursday.
Western Florida. Alabama and Missis
sippi—Fair Wednesday nud Thursday.
Arkansas—Fair Wednesday; colder III
•ast portion; Thursday fnlr.
Western Texas—Generally fnlr Wednesday
and Thursday; tmnsibly rain or snow Thurs
*«.v In extreme west portion.
Tennessee—Fair W«*dueaday; colder In
east portion; Thursday fair.
PRIMARY MOVEMENT.
following figures give the primary
movement of wjieat and corn:
Wheat—Itecelpts today 860,000 bushels; Inst
eek 862,000 bushels, nguinst 834.00a bush
el* Inst year; shipments tislny 745,000 bush
els; Inst week 501,000 bushels, against 328,
uoo bushels last year.
ts today 819.000 bushels; last
usliels. against 645.000 bush-
CHICAGO CAR LOTS.
Todav. Tomor.
INTERIOR RECEIPTS.
The following table shows receipts a: the
Interior towns today, compared with the
came day last year:
'... 1906
J440S
1582
11257
4781
1783
ATLANTA. CA
STOCKS. BONDS.
COTTON. GRAIN.
corrcc. paovis/oNs
NKMMMt
New Orleans Cotton Exchange. | Chicago Board of Trade.
NAME OF STOCK.
Americas Sugar Bif. .
Anaconda. .......
American Locomotlr®.
do. pra tarred. . . . .
Am. Smfeltmg Bef. . .
do. preferred. . • .
Atchison. .......
do. prafarred. . . . ,
sarlcan Cotlon Oil. .
Am, Car Foundry. . .
B altimore A Ohio, , ,
rooklyn Itapld T. . .
Canadian l’aclflc. . • .
“ rago A Northw'n. .
japeaka h Ohio. .
Colorado Fn*l A Iron.
Central Leather. . . .
do. preferred, » . .
. A f1ee-*t W, . .
Chicago* M. k St. P. .
Detuwarn A Hudson. .
Dleflllrr’s Securities. .
Erl
do. preferred. . • .
Oeneral Electric. • • .
Illinois Central. ....
Am. Ice Securities. . .
Lotuevlllo Ac Nashville.
Mexican Central. . • .
SffBSourt Pacific. . . .
NAME OF!.STOCK~
N. Y., Out k Western.
National Lead. ....
Northern Pacific. . • .
New York'Central. . .
Norfolk k Western. .
Pennsylvania. .
People's Gas. . ... • .
Pressed Steel Chr. • •
do. preferred. . ...
Pacific Jin 11
Heading
, HepobllcJUeeli.. .i. .
Rock Island
do. preferred. . , .
United States Uubbet.
. do. preferred. . . •
Hotitiicrn Pacific. . # .
bouthern Hallway. . .
, do. preferred. . . .
Hlosft-.SbefflelfJ. ....
Tenn. Coal k Iron. . .
Texas k Pacific
Union Pacific. .....
United States Steel. .
do. preferred. . . .
Ya.-Car. Chemical. . .
do. preferred. . . .
Western Union. ....
Wabash .
do. preferred. ...
Wisconsin Central, , .
do, preferred. . . .
Total stock aalew today 661,000 shares.
NEW YORK.
Nov. . .
Her. . .
Jan. . .
Feb. . .
March. .
April. .
May.. .
Hi
1L25IU.25
10.60 10.61
10.60 10.63
10.70'10.72
Closed steady.
I ill
ll. no 1"
10.41-42
10.49-51
10.60-61
10.65-67
10.71-72
10.75-77
10.78-79
LIVERPOOL.
The following
range. 2 p. m., t
yesterdny f a close.
Futures opened.easier.
Opening . Previous
V • flange. 2 t>. m; Close. Close.
November. ..5.97 -3.97V4 5.96 6.96
Nov.-I)ec. . .5.7W5J5 5.82 6.82
K.b.-M.rcb, sS.JS -R.78 5.70 5.76
M*r.-April. ..6.76 -5.7814 5.79 6.76'
Aprll-MITi . .3.7614 5.8IV4 5.79 5.71'
Mnjr-Jum'. .'.6.79 -6.81"
June-July. . ,5.80w-6.:
July-Augnat.,5.82 ‘
i nly-August.,5,82
Closed steady.
NEW ORLEANS.
Til* folio win* l» tli® rant® in cotton fa-
tare* tn New OrlMm today:
I
5
53
i
111 1
n
b’j
Nov. . . • .
Dpc. ....
Jan
Keb.
March. . . .
April. . . .
May.. . . .
Juno
July.. . . .
1045
10.75
10.82
iV.oi
u.ii
iasi
10.82
10.92
U‘.06
iV.is
ibies
10.66
10.77
10.96
lV.07
.....110.93
10.81 10.81-82
10.8210.01,-82
10.88-95
10.91 10.82
.....110-98:11
11.06)11.06-07
...<.11,13-15
11.1511.18-20
10.85
10.75-76
10.75*76
10.82-84
10.86-87
10-93-95
11.00-02
11.07-09
11.12-13
Closed steady.
NOTES ON GRAIN.
Pointers on Provisions.
I'rtrnte O'/rc to Otlicrt & Clay.
Chicago, Nov. 28.—Cables nre steady.
Evening up December contracts will prob
ably Ik* the I inport a tit trading feature to-
' Think May wheat s safe purchase.
a decidedly firmer, with cash houses
buying DecemlHM*. No pressure on the tukr-
ket.
t’heat o|wned steady to a shade easier
with the trade very slow and n little De
cember liquidation tinder way. For the
first time in a number of week* the north-
west cars nre ahead of last year.
‘ 'revision* higher on the higher hog mar-
. ng of pork .
iuInmIoii Iioumcs. The local longs took profits
on the bulge.
The Chicago Journal: "Cables and week
ly world-statistics favored the holder.
While world's shipments for Inst week ran
over the estimate, the total Was 2,072,000
bushels smaller than for the same week
ln*t year, with Busslan and Dnnuman ex
port* smaller hud American larger than
last year. The two former countries ex
ported 5,240,000 bushels, rnmpnred with 7,-
248,000 bushels lust year, and America 3,688,-
U)0 bushels, against 3,328,000 bushels last
year. The nmonnt on wean passage de
creased 224,000 bushels to n total of 28,792,-
000 bushels, or 5,152,000 bushels less than
was afloat last year. Liverpool stocks do-
creased 248,000 bushels for the week, and
the total lu* that market Is dropping back
closer to tln\ figure* of ay ear ago. at 4,552, -
bushels, nguinst 4,016,000 bushels Inst
WHEAT OPENED
. RATHER HEAVY
Professionals on Bear Side
of Both December
and May.
Chicago, Nov. 28^—The grain market' Is
rathor heavy under further liquidations of
December, which showed n decline of *io
immediately after the opening. I^ocal pro
fessional crowd Is on the l>ear aide of both
December and May optlous. Cables arc
steady, with trade rather light.
CHICAGO GRAIN MARKET;
Open. High*.
THE SUGAR MARKET.
New York, Nov. 28.—Refilled and raw
NORTHWE8T CARS.
The following figures give the northwest
cars of today, last week and last year:
Last Last
Today. Week. Year.
MIuileniHills 301 245 338
Duluth 244 264 199
THE METAL MARKET.
Sew York. Sor, 21—.V steady tour pro-
oiled In tin, copper, lend and si»elter,
which were quiet and unchanged.
SOUTHERN JBXCHANGE
Oldut E-tAbUnhcd Office South.
COTTOM STOCKS—BOROS—GRAIN
Ground Floor Gould Building. Dally
market letter and market manual
mttled on application.
LARD—
Nov... 9,47%
Dee... 8.75
Jnn.... 8.60
SIDES—
Jan... 7.82%
. 73%
.. ' 73%
SL.77#
74%
i
77%
&
77%
. 43
L*
43%
44
44%
42%
43%
44^
43%
I
3.7%
35
33
33%
$
OS
, 32%
14.65
15.02%
14.65
15.02%
14.52%
14.85
14.35
14.87%
9.56
8.75
8.32%
73'4
78%
9.25 .
8.70
8.47%
No. 2 red 74074%; No. 3 do 73074; No.
2 hard winter 740?5; No. 3 do 72074.
THE LIVERPOOL GRAIN MARKET.
Wfceut—Opened unchanged; nt 1:36 p.
% higher: closed unchanged to % lower.
Horn—Opened unchanged: at 1:30 p. in.,
%U% Ulgner; closed % higher.
NEW YORK COFFEE MARKET.
New York. Nor. 28.—The coffee market
opened steady at unchanggjl prices to a de
cline. of 5 points, only one month being
lower, and during the early session ruled
generally steady wltti prices at mld-duy
unchanged, to 5 pointa higher: The adyanco
was dpe to small offerings nud some de
mand, probably for short account, Much as
might bo expected-after the recent severe
declines on the ere of n holiday. Receipts
at the two ports were lighter nt 86,000 bugs,
but the Interior anntos movement was
heavy, Juudiahy receipts reaching 62.000
hags, against 18,000 hags at the same time
last year. The Sho Paula receipts for the
day were 71,687 bags, against 28,182 bags nt
the aame time last year. Trading here was
quiet and sales nt mid-day were not much
over 17,000—GIbert k Clay.
Following Is the opening range nn<\
close lu tai •
today:
New York coffee market for
March
April.
May ;
June. I ....
July... ....
August
September
Octolwr
November
December
Closed steady.
....5.85
.. ..5.90-6.00
. . .6.05 •
.,6.10-6.20
. ...6.20-6.25
....6.254.30
..5.80
Clow*.
5.75-5.80
5.85-5.90
5.964.00
6.054.10
6,10-6.15
6.204.25
6.304.35
6.35-6.40
6.404.45
6.504.55
5.65-5.70
5.65-5.70
COTTON SEED OIU
Opening. Cioslug.
Novem1>er 4i (&4:t 42 <tt44
iieeemb«r 38 38%®39
January 36%fc37 37 S£37%
February 36«4&37 36 ^37%
March 3«%«|i& 36*4037%
May 36%038*i 86%©36%
Hales, 100 January at 36%. Closed steady.
Private Wire to GIbert & Clay.
New York. Nov. 28.—Marshall. Spader &
Co.: "In view of the elimination of some
disquieting Influences, Including fears of
more acute monetary conditions and n
more favorable View of the I’nloli Pacific
report and Great Northern distribution, we
think the market will respond today by u
show of strength, and recent trading sug
gests this tufty, take the form of au ad
vance In the coalers. Baltimore and Ohio
and the Coppers,, .with. a further advan<
in Union Pacific and Atchison."
Dow-Jones’ summary: Americans lu Lou
don flrtu %<t%. purity.
Copper stocks In Loudon show strength,
and general market is firm,
Light demand tor stm-ts lu loan crowd.
.£*Huiated Atnaiganin*“i |a
$36,006,000 net .*urhlngs
te<i Copper will show
next year,
northwest delayed
Estimated Atnalgi
0,006,000 net euriil
Cinifn movement
by car shortage.
No special Mtrlnge
paled over holiday.
Twenty-two roads for third week In No
vember show average gross Increase of 6.14
per. cent.
Twelve industrials advanced .28 per Cent.
Twenty netlre railroads advanced 1.06 per
cent.
New York Financial Bureau: Among the
best purchases we believe should be In
cluded 8t. Paul, Heading and New York
Central, so far as Immediate movements
nre Indicated.
There Is good reason for believing that
Unfoii Pacific-will be put higher. .The re
actions lu these stocks in the afternoon of
yesterday was realising, and n professional
drive, but the higher Loudon this morning
shows the hollowness of the professional
uettou.
We regard Copper ns n good purchase, and
believe that It will go much higher Inter.'
Atchison ia also In position to advance
an soon ns the slight check around 193 Is
removed.
The Hill stocks. Great Northern prefer
red. Northern Pacific and also Northwestern
are tipped 4»y high-grade houses.
Anncondn Is tipped by Boston for 300.
We are very favorable to Louisville and
Nashville. It and the Bouthern nud South
western railroads should be bought to hold
for a long time.
SEABOARD AIR LINE.
do, first preferred....
do. second preferred.,
do, ten-year 5s.. .. .,
do. three-yenr 5s.. ..
do, 4s.
..160
.. 99%
.. 81%
L. J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, 6RAIN
Correspondent’s Capital $250,000
RCfKHCNCC, THE NCAL BANK
PHONE 1417. PRUDENTIAL. BLOC
Safe Deposit Boxes
For rent in our oaulis in the basement of the
Empire {Building for only $5.00 each per
annum. i
Absolute Security and all Modern Conveniences
You should not be without one. We invite
you to call and inspect them.
Title Guarantee and Trust Co.
Near York Stock Ex eh*-, , - &
New York Co»u>n Exchange, New Orleans Btork Exchange.
New York Coffee Exchange. New Orleans Board of Trade.
PRIVATE WIRES TO ALL EXCHANGER.
Local and Lang Dlatanca Talaphona *298. C. E. KEPLINGER. Manager. ,
ALONZO RICHARDSON & CO.,
PUBLIC ACCOUNTANTS
AND AUDITORS
Einpire Building. Beil Phone, Main 8j6
ATLANTA* GEORGIA.
STOCKS REVIEWED
BY NEW YORK STJN
New York. Nov. 28.—The Sun says: “A
sharp rally In price* of stocks occurred yes
terday of the kind following n three or four
days’ depression In the market that .Wall
street has become very much accustomed
to. While there were various developments
of a sort that would ordinarily l>e accounted
ns favorable to values, the strength of the
market was clearly attributable tit the inntn
to the buying back of stocks by speculators
for the decline In the more.or less violent
manner In which that operation Is often
ronducted. There were, for one thing,
signs of the tightening In money rate:
the end of the month, which was for s
time a source of anxiety, real or suppom-u.
In speculative circles. In the Iomdon mar
ket money appeared to Ik* somewhat more
In demand than It was here, estimates pre
vailing there that In spite of Bank of . Eng
land’s large recent gains lu cash there will
Is* shipments from London to Houtli Ameri
can tlnanclal centers of something over 82,
000,000 a week between how and the cm!
of the year. A large speculative account
In .American stocks was also sup|Hised at
the end of the Loudon settlement and the
contango or carrying charge of them* stocks
until next settlement ilay averaged over 3
per cent. Union Pacific annual report, to
which publicity was given yesterday before
the opening of tin* market, made upon the
whole a favorable liupresslou even If It at
tested that estimate* that IMve recently
been current regarding (he earnings of the
company lu the last fiscal year were un
duly exaggerated/’—GIbert »V Flay.
STOCKS IT START
WERE
Recent Market ^Leader?
Showed Declines in tlm
Early Trading.
SOME ISSUES STR<)\o
•Those Not Fully Slmring j n
Advance Brought to
the Front.,
"■nlns
BANK CLOSING NOTICE.
Thuraday. November 29th,” “Thanke-
giving,” ia a legal holiday. The Banks
composing the Atlanta Claaring House
Association will ba closed for business
on that day.
JOS. A. McCORO, President.
DARWIN G. JONES, Manager.
N|»’ York, Xov. 28.—Prices ,
higher on tt>e exchange l his m,
but the beat figures oFthe ,1a;
made within the first fen'minutes
Ing. At subsequent Intervals tmlivirtu-il
Stocks went higher. New York ( Vntn
was particularly strong, the rls,-
presumably based on the Idea that
the subscription rights cens,
traded In after today the spemSS
situation In the stock will be material]
Improved. The minor Vanderbilt is
sues were bid up In sympathy, an,| <■
a tjme there was some rather vlg„ r „ u
buying of such specialties as Hrookh'n
Rapid Transit. Denver and Rio rirande
and Ontbrlo and Western. Hut
more prominent storks, such us mien
Pacific, St. Paul and Rending. ,
freely supplied at the opening
sank gradually lower with the
of the morning. The announcement „f
fresh rights to the shareholders „r n ie
Hill roads caused some buying
Northern Pacific, but upon Creat
Northern It had no effect. Some f
were entertained of a run up in nr
rates at the close of the day. and
peclally as the banks report nt
sub-treasury their weeks’ loss lucre;
to $3,000,090.
The stock market ruled irregular il„r.
Ing the first hour with some stiengtli
In Issues that have not yet shared fully
In.the advances made In the )|
New York. Central ivas a prominent
feature, mnklng a gain of 1 7-s i„i|ni.
St. Paul dccilgeil from 184 to is: 7-t
nnd Union Pacific from iss i-t r-
187 1-8. Oreat Northern preferretl frura
319 to 317 1-2, and Northern purity
from 224 1-2 to-222 1-2. Kansas and
Texas declined 1 1-2 to 4.1 3-4
London, bought .20.000 shares, rtnwtiy
Kansas and Texas and Union PacHIc. 1
Government bonds unchanged, otbei
bonds steady.
LONDON STOCK MARKET.
|Op u Cli
..il63%
... 1U2
JU9h
Ainnlgjiumtvil Cupptr.f
Alinvomla;.. ..
fl«». prvfeiT»M|.. .. ..
Bnltlmori* nml Obi«»..
UaiiiHlIaii I’a cl fir 1X2% lv
Chesapeake and (Milo.. ,-55»* ....
Denver and I(l« Grande.. . . 42 3 4 .
Erie 44L F.
d«». preferwir. .. I 7*>1<E Til 1 ,
Greiit Western 18%1
Illinois (’iiitral * 176^ i , 17fi , i
Kansas and Texas..* .. 43S
•lo. prefem-«l.: 71H
,Louisville and -Nashville. . .146 * U'i
Mexican Centra I.. .... 24L
New York Central.. ' 13D l::i
Norfolk nnd Western..
Northern J’nelHe.. ..
Ontario ahef Westerq; .
I'eiiiisylvanla....-..-.v
l'hlladelnhla and |tealiing..
Hock Island..
Htmthern I'ucilie... •.. ..
.do, preferrtsl.^ ..
.St. Haul
Union Pacific...
do, preferred
United States Steel
Mm, |»referred..
Walmsfi.. ..
do. .preferretl,. .,
'i 3v«i Bxs-ii'i
HXV/HS .IF.’,
THE AMERICAN AUDIT C0MPANV
Home Office, 100 Broadway, Xew York City.
F. W. LAFERENTZ, C. P. A., President.
C. E. Manwaring, Vice Praaident, Thao. Cocheu, Jr., C. P. A., Sec. and.Treia
BRANCHES:
YORK—WaMort-Aatorla. ATLANTA—Pofirth Nat'l Bank Bidi
Building CHICAGO—Marquette Building.
c °]° r ado Building. PHILADELPHIA—Ballevue-Startforii.
NEW ORLEANS—Hennen Building, SAN FRANCISCO—Belden Building.
.LONDON, ENGLAND—4.King Street, Cbegpalde,
ATLANTA BRANCH 1015-18 Fourth National Bank Building.
C. B. BID WELL, Resident Ivianager.
Telephone, Main 872. cable Addreee. Admit. N. Y.
Central Bank Trust Corporation
WM. H. 1 PATTERSOV, Vice President.
WM. D. OWENS, Awutant Cashier.
Atlanta, Georgia.
OFFICERS.
ASA G. 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 2.880.11
0aqh (In Vault ...... $219,345.81
ua3Q (Due by Banks.. 486,052.81 705,398.62
WM. t. PEEL Pnaldaat.
nOBEHT r. MADDOX. Vic. Pr.ild.at
THOMAS J. PEEPLES. Cu.blcr
JAMES O. I.ESTNII. A.P.t.nt fiuHW-
.IAS. P. WINDSOR. AftSl.tnnt Ciuhl.f
MADDOX-RUCKER BANKING COMPANY.
CAPITAL $200,000.00
SURPLUS AND PROFITS . . $500,000.00
Accounts, small as welt as large, invited,
per cent interest paid and compounded semi-
annually in our Savings Department.
$2,210,343.26
LIABILITIES.
Capital Stock.: $. 500,000.00
Undivided Profits (Net) 42,689.39
rwncifc (Individual.... $1,013,584.91
Deposits.. <Banks 616,243.96 1,629,828.87
Rediscounts 37,825.00
$2,210^343.26
LOWRY NATIONAL BANK
Designated Depository of the United States.
CAPITAL 7 $500,000.00
SURPLUS ... ........... w
UNDIVIDED PROFITS ..... ;!*! .* ” 140,000.00
A general banking business transacted.
Foreign exchange, Letters of Credit.
Corresponds direct with the National Bank of
Cuba.
_ u r if" 11 Bawklna, Pr-aldrnL . * • .
JLiik awTlS* Tuomap c.'Knrtn. Aaaf. Caabhr-
Jo«pb A. MrcorJ, CaiMcr. a. w. Urtr*. Aml CaaWer.
Third National Bank
Capital
Surplus
•?r. A- *f. Cnlbana.
Mlltoo Dorgno.
Jah^, W. QraeL
• . . . $200,000.00.
■ . . . $300,000.00.
DIRECTORS: j. H. Nonnnlly.
frank ftawfclnw J. r.rroll
11. M. AMHnoma E. B. lto«.r.
Jauq.h A. UtCoi David Woodward.