The Atlanta Georgian. (Atlanta, GA.) 1906-1907, December 14, 1906, Image 10

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flfibi; / THE ATLANTA GEORGIAN, FRIDAY, DECEMBER 14. 19Cfl. ENTIRE SESSION NEWS AND GOSSIP of the Fleecy Staple. Liquidation and Bear Pres sure Forced Prices Sharply Lower. MOVEMENT IS HEAVY Spot Markets Are Display ing Weakness and Quo tations being Lowered. New York. Dee. 14.-The cotton market it the opening made n full response to the weakness displayed by the list nt IJver- pool. FI rut price* here were 7 to 12 point* lower and after the call the undertone con tinued cany. At 10:30 n. m. the quotation* clow. 13 to IS |»oliit* below yesterday'i Private wire to Glbert k Clay. New York, Dec. 14.—Liverpool at 13:30 E . in. 2 to 4 higher. Was expected 14 to 2ft lehcr. On thla bn*l* we *hould opeu about * higher. Journal of Commerce: The market holde ver*e development* for month* to come. The demand for good* I* generally well maintained, although condition* are nulet by comparison with the great volume of or der* received three or four week* ago. The merchandise under order is Indng sent out a* rapidly a* possible, and within the next twenty day* the largest movement from this city ever known In the history of the trade I* anticipated, and I* being prepared for. New Orleans. Dec. 14.—Liverpool nt 14 to "Market nets a* I •rpool and look* toppy." Understand the Influence of unfavorable cable* and large Houston estimate prices working lower. Very little support at the moment I* In evidence, nnd that little Is thought to he through fear of coutiuucd activity In spots. The spot situation 1* much quieter. More gether. The English market on * Thursday n lug wasi slightly better than due on New York's close of Wednesday • In the futures department, prices In that market showing advances of 2 to 4 points, whereas 14 to .74 would have been n full response. Immediately after the opening sentiment was suddenly reversed, probably the result of selling from the American speculator and prices gave way rapidly, the close being easv. 4 to R points below the closing quo tations of Thursday. Following Is the range In the actlrs months in Liverpool today. Open. High. Low. December.... 5.62 5.52 6.40 Janunry-February 6.47 5.474 6.374 31aroll April 5.464 6.47 5 May-Jit lie '..... 6.51 5.51 5 The English spinner apparently does not fake the government's guess so seriously ns the speculative element, as Is Indicated by their liberal takings, today aggregating lif«00 bale* nt unchanged prices; middling 6.7?. The New York market did not respond to . »rpool *~ 7 t fact the opening was weak nnd 7 to 12 points lower, whereas n response would * i sdrance of 1 point prices was steadily downward until prices were selling some 24 points lower. The beara are pressing the advantage | ithem by the governments guess ou irm Of Interest to the trade Is a comparison of previous estimates with the actual out turn. On these figures the tanrs are pin ing their faith. The only question, they aim. Is how many hales must be added to arrive nt the actual outturn this In commenting on the report the New York Commercial says: "In the past government estimates have been very Incorrect, but In spite of this they do not seem to lose their speculative value. A Idtter protest from both the North and the Mouth against this sort of manipu lation has gone up for years, nnd while It has never had any effect so fsr, some bets be the last of Its kind ever Issu* The following figures show the govern- 1 tn« ‘ ment guesses and the crops In past yenr* December eat. of Dept. Crop 1397-1398 9.100,W0 Crop 1898-1399 10,000,000 Crop 1399 1910 3,900.000 Crop 1900 1901 10,100,000 Actual outturn. 11,131.000 The western forecast Indicates showera today for taulslnna and eastern Texas and clear weather for the balance. Hat unlay fair and colder. The eastern forecast Indicates generally unsettled weather tonight with showers r and warmer. SPOT MARKETS REFUSED TO DECLINE New York, Dec. 14.—The Hun says: "If there Is truth In the homely old saying, 'Go away from home to get the news,' then Liverpool was giving the new* yesterday to the cotton world of this country, news that the recent crop estimate does not al ter the situation for the worse ns viewed f , only from tancashlre, but from the tlnent; that European operators posed Jo buy futures 1 ; tfat the offerings id, word, that a crop estl Is very far from being n bearish argument. mu—. — .— r * a( , oni hle inferences ved from Liverpool nnd •parent. apt) Meautlme, Southern spot markets refu give way, the planter seems to have be come once more militant, or, rather, more militant thnn ever. Houthern spot holders Crop 1901-1903 9,874,000 Crop 1902-1903 10.417,000 Crop 1903-1904 9.962.000 Crop 1904-1906 12.163,010 Crop 1906-1906 10.137.000 Crop 1906-1907 13,546(000 11.235.000 9.440.000 10.426.000 10.701.000 10.768.000 10.124.000 13.557.0001 11.320.000 Uonihny movement for the week endl December 13: Receipts 93.000, against 93.1 Inst week nnd 74.000 Inst year. Hhlpmeiits 14.000, ngainst 14,000 Inst week and 13,00p cotton Hester, of the New Orleans change; 1806. 1906. Overland for week. 61,254 * 47,124 Mince Heptember 1. 606,620 361,906 In sight for week.. 669.206 394.677 461,047 Since Heptember 1..6.902.064 6.315.707 7,100,889 Superintendent King, of New York, give* 1904. 62,322 431,234 the amount brought Into sight for the week nt 679.545, against 535,844 last week nnd 394.680 Inst year. Comparative receipts at U. K ports: Net receipt* today 87,381 Same day Inst year 47,286 Increase 40,096 Total receipts for the week 408,944 Maine week Inst year 267,723 Increase 151,221 Totni receipts since September 1....6,128,193 Maine time Inst year 4,583,213 537,979 1906. New Orleans 15,000 to 18,000 Galveston 11.000 to 16,000 Houston 19,000 to 21,000 Movement nt Atlanta: Receipt 1906. 6.436 4,306 Marne day Inst yenr Incr Mhlptnent* today day last year Increase 1,400 Btock tin hand today 16,853 Maine day last year 8,341 lnerense 8,017 .There wua n little spurt of activity lit the late trading on which price* were forced above the low |Mdnt some 6 point*, the close being steady net 20 to 25 |»olnt* lower. GIBERT & CLAY'S DAILY COTTON LETTER, New Orlenna, Dec. 14.—In Liverpool nptlonb ruled somewhat easier, finally closing five to six points lowqr thnn on the previous-day, and this (legate the fact that Jfol>ales continue on a large ffcale, 12,000 bates being traded*In today its compared with 14,000 yesterday. If any proof were necessary to demon strate the status of those *i>ectilntlveiy Inclined •that gome were clearly Indi cated by the gesults attained In today’s tradltig, wW*h the absence of the hith erto sustaining spot feature was made the moat of In creating a lower level of values. Unfavorable cables nnd the almost Irresistible weight of the move ment likewise aided materially the de cline. In so far aa statistics are. con cerned the tnfluefico* la so overwhelm ingly favorable to lower prices that It Is almost essential for a more regulnr, more even running and less spasmodic demand for cotton to prevail If a coun teracting balance la to he placed on Im minent supplier. In connection with the movement, it la Interesting to note the unprecedented rapidity with which the present growth thus far has been gathered, ginned and rushed to mnrket, and which naturally has caused the tremendous congestion of traffic nil through the cotton district. However, relief may come with the Christiana holldaya and the cotton thus set In mo tion mny aid materially In swelling an already liberal movement. SPOT COTTON MARKET. steady; middling uplands 5.79d; New York, steady; mb New Orleans, steady: Hint middling 10ftc. Angustn. stendy * ’ —*st; ily; middling 10l-16r. lousto wphhpbmv Galveston, stendy; middling 10 5-16c. Norfolk, stendy: middling lOftr. • Baltimore, nominal: middling 10ft| Suvnuimh. quiet; middling ng ioftc. 9 15-160. TODAY’S PORT RECEIPTS. The following table shows receipts at tha Interior towns today, compared with tbs same day last year: New Orleans , Galveston .... Mobile Mavannnh .... Charleston ... Wilmington ... Norfolk Balt lux-re ... New York .. Boston Philadelphia 3568 12649 1566 Sii 6382 1299 1348 INTERIOR RECEIPTS. Houston . Augusta , Memphis 19636 1982 9448 4615 6«2il 1207 7831 >186 nml Wall street. Including, It In said, some stock exchnnge operators, seem disposed to buy. The result wns s substantial nd vanre here early In the day. It waa fol lowed, It Is true, by a reaction on real (slug and short selling, due partly to con tlnued large receipts nt the ports/* New Orleans, Itec. 14.—The Times Demo crat aayn: "Hpot market news wns some what conflicting, hut the l»cst evidence oh- tnlnahle encouraged the liellef that raised limits only would bring out needed sup plies of good cotton. As the situation now stands, the rings do not fenr nctunl cotton tenders, but the country’s fiuiinclnl plications are n source of much co Actunl cotton I* not talng offered freely nt concessions, some operators to the contrary notwithstanding, nnd many reliable In formant* reiiort the tension Increased be cause of tno greater premiums asked. Thus. It would seem that *|w»t cottoufown- era are predicating tbelr demands upon some well defined Ideas of the value of their holdings and not upon speculative fluctuations. Anyway, when futures decline spot premiums anpenr to advance automat ically. Meanwhile, the rings are Inactive for the season of the yenr nnd room traders generally evidence more Interest In the movement to secure innxlmuiu Christmas and New Year’s holidays than In the side- lights of a very complicated. If not n very dangerous, slfcintlon. — Glbert A Clay. Atlantic* Coast Line. . American Sugar Rtf. • Auacond.v American Locomotive. do. preferred. . • • Am. Mimdtiog Ref. . • do. preferred. . • . UU. pmerivu. . • • ■ American CotBm OIL . Am. Car Foundry. . • THE PRIMARY MOVEMENT. The following figures give the primary mvement of whent and corn: Wheat—Receipt* today, 682.090 bushels; Inst week, 322,000 bushels, ngnlnnt 791,am bushels Inst year. Hhlnment* today, 327.000 bushels; last week 67«.OU0 bushels, against 200,000 bushels Inst yenr. i—Receipts todny. 524,000 bushels' Inst Iwcck. 475.000 bushels,' against 521.000 lnish-1 els Inst year. Hhtpments today, 2S3.0 , )0 ..... ...„ .minim ... bushels; Inst week, 144.UOO bushels, against 497,OnO bushels Inst yenr. THE COFFEE MARKET. New York. Dee. 14.—The coffee market opened at an advance of 5 to 10 points In response to better Kuropenn rabies than ex ited, In view of the reaction that oc curred In the local mnrket late yesterday. There wns not more thnn n moderate de mand, but offerings were light and the market Improved n little during the middle session with prices nt midday nltout IS to 20 points net higher. Receipts continue on about the recent average, with the two ports getting 93,600 bags, against 36,060 last year nnd Juudtnhy 59/mi, against 25,000 Inst year.—'Glbert A Clay. Following Is the opening range and _ ose lu the New York coffee market for today: Opening Range. Close. January 5.35 February 5.46-5.56 March ..5,55-6.66 April 6.60-6.70 May 175 5.80 June ,.5.60-0.85 July 5.*l August 5.954.00 Mepteiuber 6.06-6.16 October ..6.16-6,20 November 6.15-6.61 December .,6.25-5.35 Closed stendy. 5.40-5.46 5.5*1 5.53 5.60-5.66 5.65 5.70 5.75-5.80 5.85190 6.90193 6.00-6.05 6.06110 6.10-6 IS COTTON SEED OIL. Following were the opening and closing prices on cotton teed oil todny: Opening. Closing. December 39ft4i'41 January 37ftfi3Sft Feb run ry 37*4X13* March 864S37 May ““ July iiv ... , Males: I at 36*4. 41 M 37ft4?37ft 36 ft U 37 1907 MARKET PAGE —will be even better than we have given heretofore. The Georgian has four member ships in the new Chamber of Com merce Market Exchange, and our own wire direct from New York, and will continue to make its mar ket page the best we can produce. Remember—Mr. Lively, our market editor, has had over a quarter of a century experience at his business. His markets are reliable. Edited by Joseph B. Lively MARKETS Mr. Uvsly’s twsnty-flT# years* experience of ed iting markets In Atlanta •nd the South bis made him « recognised au thority In his specialty. TIPS FLASHED From Wall Street The upward trend In 8t. Paul la more strongly ibonn thnu ever, the limitation stock toward 190 having been easily taken. *” would buy It for turns on reces sions. Fifty-four Is reported as Fuel's support. Louisville nnd Nashville Is held ataut 145. rV are bullish on It for a long pull. New York Central Is supported uround 132. I'ennsylvnnln Is still held Just above 137. Rending should not decline further than 144 on this moveiueut, and we would buy It from 144 to 145. with a small stop. _ believe It will be put much higher later, nud It Is now due fur u wily. Union Pacific has been forced through the first support nud may reach the positive . but we would buy It ou a scale. Mteel should lie taught ou a scale. Its support is positive; we understand, uround Brooklyn Rapid Transit between 77 and 82, Erie 43 nnd 46. Rock Island la supported first around 33 und then 28. Moutbern Pacific is held within the 93 and 96 range for the present. Dow-Jones Summary—American stocks lu Norfolk nnd Western announces Issue of $14,600,000 4 iw»r cent convertible taints with right to stockholders to subscHta nt oar. Strong rally In Copper stocks lu tanuon. (.rent Northern management uot con cerned over objections of Minnesota attor ney general to stock Issue, ns It Is not In tended for any purpose lu conflict with the state law. Stocks plentiful In loan crowd In spite of heavy liquidation on Thursday. Liquidation affording real help to the ST, PAUL FEATURE IN EARL! TRADING Trading Was Sensational i a That Stock From the Opening. IT SOARED SKYWARD Standard Oil, Harriman and Vanderbilt Interests Heavy Buyers. money mnrket. Thirty-one roads for the first week In De- cpinher show a gross Increase of 10.87 per cent. Twelve Industrial stocks declined 1.36. Twenty active roads decline 1.70. THE WEATHER. LOCAL FORECAST. WEATHER CONDITIONS. Thq trough of low pressure Is drifting slowly eastward, musing rain In portions of Texnn, Arkansas, Missouri, Iowa and Illl- creasing In energy, while the northwest- RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAUR OF STOCK. Aninlu'ttnattd Copper. laltlmor* A Ohio. Brooklyn Rapid T. . • Canadian Pacific. . . . Chicago A North Wo. . Chesapeake A Ohio. . Colorado Fnel A Iroa. Central Leather. . • . do. preferred. . . . Chicago A Great W. . .’blcngo. M. A Ht P. . Delaware A Hudson. . Hstlller's Securities. . Brie do. preferred. . . . Genera) Klectrte. . . . Illinois Central Am. Ice Securities. . . Louisvlllo A Nashville. Mexican Central. . . . Missouri Pacific. . . . a .1 ft % rai; ft h 111'.. ft .. u 115% 1$ NAUR OF STOCK. N. Y.. Ont. A Western. National Lead. . • . . Northern Pacific. . . . New York Central. . . Norfolk A Western Pennsylvania. People's Gas. Pressed Steel Car. _ do. preferred. . • . Pacific Mill Reading . Republic Mteel Rock Island do. preferred. . . . United Staten Rabbet. do. preferred. . Southern Pacific. . houthern Railway. do. prefarred. • , Sloss-Mheffleld. . . , Tenn. Coal * Iroa. , Texas A Pacific. . • Union Pacific. .... United States Steel do. preferred. . , Ya.-Car. Chemical. . do. proferrtfi. . , Western Union..., Wabash. ....... do. prsferrod. . . Wisconsin Central. . do. prtferrod. . . Ing colder wentlu slppl valley und westward t< Hast of the Mississippi anil In the south west It has grown steadily warmer nt all stations, except those on the Great takes. Snow was fnlllng this morning In North Snow was fnlllng this morning lu North Dakota, northern Michigan and western New York. No precipitation has occurred In the South east of tne Mississippi. Conditions favor fair nud warmer weather In this section tonight; ruin Kanirday. NEW YORK. The following Is the range in cotton fu ture* In New York today: i 11 o 1 = 1 III J' 'J d »ec an. . . . FVb. . . . Mnr. . . . April May. . . . June. . . . July. . . . August. . . 9.37| 9.37 9.45 9.45 9.44 9.44 9.64 9.66 9.79 9.82 9.74 9.74 9.91 9.91 9.73 9.73 9.141 9.18 9.26 9.32 9.44 9.44 9.49 9.54 9.fl5| 9.70 9.74 9.74 9.75 9.81 9.60 9.60 9.19-21 9.32-33 9.41-43 :•..*! .v, 9.60-62 9.70-71 9.75 77 9.81-82 9.64-86 9.44-46 9.53-54 9.62-64 9.76-77 9.82-S4 9.91-92 9.56-96 10.01-02 9.85-86 Closed sternly. LIVERPOOL. The following gives the opening range •nd close, compared with yesterday. Futures opened steady. opening _ Previous Range. December ....5,52 -6.48ft Dec.-Jan 6.49ft Jan.-Feb Feb..Mai Mar.-April ..5.46ft-$. April May ...5.48ft 5.45 Mny-June ....6.51 -5.48 6.46 n. rn. Ctoae. Close. 6.48 6.41 5.49 6.44 6.38 ' .-Feb 5.47 -6.4414 5.42ft 6.37 >.-Msr. ..6.46 -6.46ft .... 6.37 r.-April ..6.46ft-*.44ft 5.42ft 6.37 July-Aug. ...A.62ft-5,G * t.-Hept. ..6.47 osed easy. 6.39 6.41 ...... 5.42ft 8.47*| NEW ORLEANS. The following Is the range In cotton fu tures In New Orleans today: ....10.06-07 10.29 30 NOTES ON GRAIN. Pointers on Provisions. Chicago Record-Herald: (effective work la being done by the delegations of grain men from all the American markets which assembled here Tuesday to make a uniform standard of grain grades for the United State*. Some of the delegates brought In structions, but these only served to show that the sentiment was unanimous. Special committees of seven each were appointed for wheat, corn, oats, rye and barley. In the ufteruooii there was a meeting of the chief grain Inspectors of the country, nml these marked out n set of Instructions to ta fol awed by the committees In making up the .egulntlons to be followed. President II. I.. Goemnnii. of the Grain Dealers' National Association, said Inst night that there was every prospect that the Idg step forward In bringing about standard grades for all of the market* would be successful. A com mittee of fourteen, representing the grain markets of the northern European coun tries. Is expected here In January. Thla WHEAT WAS HIGHER AT THE OPENING Eased Off Later—Commis sion Houses Moderate Buyers Early. Chicago, Dec. 14.—Wheat closed l-4c lower for today; corn was off 1-4# 1-2c, oats lost l-4tff3-8e and provisions were off 2 1-207 l-2c. Wheat weakened late on The Modem Miller outlook, which shows the crop us doing nicely. Clearances from both coasts for the week 4.343,000 wheat and 1.381,000 bushels corn, compared with 4,434,000 and 3,408.000 bushels, respectively, a yenr ago. Lo.TIJ''mT.nir ii* 'rpn^mtstYrciTof 1 The feature ,n corn was the calling Tuesday's meeting. Between the morning °* 800,000 bushels long May by Cont end the afternoon sessions Expert Hhnu-1 stooK. tinhan, representing the department of ngrl-j Oats closed rather tame and the culture at Washington, exhibited a device trade In hog products was small late, for determining the quantity of moisture In; Cash sales were 25,000 bushels wheat, grain In bulk.| 50,000 bushels corn and 120,000 oats at STOJ 1 J3MSS !. to S£ 2" idltlo whether the grain will retain IVi heating during long . . tie cargo must pass through trop- seoil-troplenl temperatures, Home of voyage* ,e tio urnd nt nud ol nly hopeful feature "The tu heat market l lu the River 1 latte crop, do not know where to look wme firm's Antwerp eorre- under date of November 9*: rgeatlna Is favorable uII River Platte whent. Jan I February shipment^ with ■iit/tfci, help.” The •IMmdent writes 'News from A I weight of 63 pounds is offered at 16\f. hlch compare* very favorably with those prices asked on pwr side for that period. In ataut three ml 50* May ALONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. ATLANTA. Bell Phone. Main 8M GEORGIA. i>eks the Argentine will ta Iii full swing and we think that the effect will be seriously felt III the xport figure* from your side.* Missouri's Itecetunsr crop repiwt makes and 25.000 bushels oats at the sea board. Primary receipts wheat 682.000 bush, els and corn 524,000 bushels, against 690.000 and 821,000 bushels, respective ly, a year ago. Clearances were 389,000 bushels wheat, 111,000 bushels corn and 3.450 oats. THE LIVERPOOL GRAIN MARKET. Wheat—Opened ft higher; at 1:80 p. unchanged; closed ft higher. Vrn—opened ft higher; nt 1:30 p. m.. changed; closed ft higher. CHICAGO GRAIN MARKET Chlcaff° grain and provision quotation* for today follow: July Corn— Din* 42ft My 43t4 July 44ft OATH- Dec 34ft Mny 36ft Jan... 15.90 Mny... 16.25 LARD- Dee... 8.70 Jan... 8.75 Mny... 8.85 HIDE*- Jan... 8.55 High. taw. Previous Close. Close. I 7376 at 784j 7TS 1 1 4374 41ft 43ft 44 6 i S' JJH 36 33ft 31ft 36ft 337k as 8.67ft 8.67ft 8.89 846 8.47ft 8.50 M fW&WT® ,w * No. 2 red 75ft4?76 nominal; No. 3 red 73 «75 nominal; No. 2 hard winter 74#76: No. 3 do 72ff75. WEATHER FORECAST. Georgia—Fair Friday; .Saturday Increas ing cloudiness, possibly showers In west aud centra I portions. Loulslann, West Florida. Alnlmmn nnd Mississippi—Increasing cloudiness Friday, possibly shower* by night; .Saturday fair and cooler. East Texas— Hhowers Friday; colder in extreme north portion; Saturday fair and rooter. Arkansas—Showers and colder Friday; Saturday fair. Tennessee—Rain Friday, except fair In extreme east portion; Saturday fair nud colder. Minimum and Maximum Tamperaturss and Rainfall. Observations taken at 8 a. tu., 75th mart- Min. I Max. Ration Abilene Amarillo Asheville Augusta... Birmingham.. Bismarck. Boston Buffalo Charleston Charlotte. Chicago Cincinnati Corpus Chrlstl -2 > » 30 36 El Paso.. Fort Smith.. i UR vest on Havre Huron Jacksonville Jupiter Kansas City Key West Memphis—......... Meridian Mobile Montgomery Nashville New Orleans New York Norfolk North Platte Omaha Oswego Palestine litUhurs Pittsburg Portland, Maine Portland, Oreg Ht. l/ouls Ht. Paul Han Francisco Savannah Spokane Tampa Taylor Thomnsvtlle Vicksburg Washington Wilmington Yellowstone New York, Dee. |4.—Competitive buying of St. Paul on the stock ex- change by Harriman and Morgan, coq. pled with Jieavy pelllng of Great North, ern and Northern Pacific by Harriman, together with the announcement that suit had been begun In Toronto attack. Ing the title of the Nlplsslng Mines Company, upset the stock market. Th-i first prices showed an advance of front 1 to 3 points over the closing yesterday. London sent over materially higher prices, but 8t. Paul, the rise In u hlch caused the reaction of yesterday. np* n . ed at an advance of 1 point and rose at once from 192 1-2 to 197 1-4. There was sensational trading in St. Paul from the opening, which was ;»-j higher at 192, advanced to 198 1-2, and then reacted to 194 3-4. New York, Dec. 14.—The stock market opened Ann with fractional advamc* i>. corded In the majority of Issues. Kxm,. tlon* were found In Pennsylvania and Baltimore and Ohio, which were down Great Northern up 1 point; Northern r.x clflc gained ft; Canadian Pacific advnn.ed Houses representing Standard oil, Harriman and Vanderbilt Interest! bought heavily. The rapid price m ments were accompanied by many stores. The Hill stocks were steadier at about the decline sustained yester day. There was general Improvement all through the list, which was regard ed as a decidedly favorable factor for the entire market. At the end of the first hour the list was generally strunj and active. Government bonds unchanged. Other bonds active. MINING 8TOCK8. Boston. Dec. 14.—0|»enlng stocks: Ten soli. 23ft: Shannon. 16ft: Mohawk. 7’ Osceola, 133ft; Wolverine, 171; North lbv T indicates trace of rain J. B. MARBIJRY. Faction Director. LONDON STOCK MARKET. 8TOCK8- Auinlgamutcd Copper Anaconda Atchison Baltimore and Ohio Canadian Paclfle Chesapeake and Ohio Denver and Rio Grande ... Erie do, preferred Gr»at Western : Illinois Central Kansas and Texas do. preferred. Louisville am) Nashville ... 113ft 289 |2it ,2914 103ft|M3ft l'i't 56ft J 1 42ft 44ft 44ft lift Mexican Central New Y'ork Central Norfolk nnd Western Northern Pacific Ontario and Western Pennsylvania hllndelidiln and Reading.... !74ft ! 174ftl75 4«>ft' * 72ft ; 140*4 147ft IfiM’k Island Southern Paclfle Houthern Railway do, preferred preferred Union Pacific United States Steel do, preferred ... Wabash do. preferred ir7ft'n:*i i* 14*5 1146ft 14*’j 30ft j ntxn »mxl' 'in: Wftl ' 191 ft 197fti«'i '1S4 I1.S5 . j W lOlft'l '4ft is,4 19-ft | CHICAGO CAR LOTS. Wheat Corn Oats Hogs . Todav. Tomnr. 19,000 12,0*) SOUTHERN EXCHANGE Oldest Established Office South. conos—STOCKS BONOS—GB1IN Ground Floor Gould Building. Dally market letter and mnrket manual mailed on application^ WM. L. PEEL. President. ROBERT F. MADDOX. Vies President WINDSOR. Assistant Canider MADDOX-RllCKER BANKING COMPANY. 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 seme annually in our Savings Department. Nsw York. Baltimor*. Boston. Atlanta. Chicago. New Orleana. Washington. 3an Francisco. Philadelphia. London. the 1*W f yield 234.O0U.Oui) bushels, against 246,000.000 biinliflH a year ago. The gmerti- iiouif'* Noveiutar esUnmt** was 194.00X000 tiushels nnd the 196 estimate was 20fl.0tW.OiO bushel*. The «|uallty this year is 91 nml the yield J»er acre 33ft bushels. The wheat «-otuRtlon I* *>2. nsnltiHt 9») n year ago and 87 last June. The g>iverntneut estimate of the condition in June, however, was- 91. The wheat area sowu this fall wns 5 larger tlmu Inst year, or ldO.OU) ne thnu estliuated bv the gi>vernuient. Australia's wheat rtop Is estimatcl OOiX'NW luishel* wlthjtu exportable smplu The American Audit Company 100 Broadway, New York City. F. W. LAFREKTZ, C. P. A.. Prea. G. C. MANWARING, Vic. Prea. THEO COCHEU, Jr, SecrcUry. Tbe American Audit Company, chartered under the laws ot New York, I. empowered to examine the affair* ot, and make report, upon the flnan- l—r ei-iit | clal condition of private and public concern* for directors, officers and in- .... "■■ ■■ dividual,. The preparation and Installing of ayatema a apeclaity. ATLANTA BRANCH. 10131016-1017-1018 FOURTH NAT’L BANK BLDG. txu.i.'.o l.u.lirl. The«* Oeiire.. C. B. BIDWELL, Resident Manager. T.laphont, Main 872. Cabl* Address, Amdit, New York. 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., ,| «Mmw8wwcwwMia^^ Frink Hawkina. Prratilrnt. Tuonuis C. Erwin. A*st Cashier. R. W. Dyers. Asst. Cashier. ' ... n. m/rik, AHI. LUBIVi- Third Nationai Bank Capital Surplus Dr. A. W. Calhoun. Milton Dargnn. John W. Grant !!. r. McCorfi. .... $200,000.00 .... $300,000.00, OIRECTORSs - - Frank Hawkina H. 51. Atkinson. Joaenh A. McCord. „ c. »». nuawi. David Wand ward.