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THE ATLANTA GEORGIAN AND NEWS. MONDAY. DKCBMJfflf* *■ WEAKATOPENING Cables From English Market Were Sharply Under Expectations. CAUSE PROFIT TAKING NEWS AND GOSSIP. Of the Fleecy Staple. Weakness in Liverpool Said To Be Due to Realizing By Bull Clique. N«w York. Dec. 2-Thr ••often market OMDMl 8 to 11 point* off today. Tho decline was not ** crest *• hsd bo#u oxjiectcd on the rabies. which were decidedly weak After tho ml! profession*!* forced th** ll*t off a point or two farther, lint there w»* food bu.vlng. which looked like Wall street support. Liverpool mills* wen- n tllmppokihiieiif to the follow I Ilf of the lie tv hull clique, which took advantage of the letter feeling recently ilikpInTtel In the cotton'market, to !unload considerable of It* holding** In that center. The riMflfsh market was due to open to 144 |"*lnte hlfher. It opened 44 point* htfbet and i’lo*ed I hi rely steady 4 «•» 34 polnt*i up. Tin- spot wim htilllslt. however. showing Inereaaed takings l»y spinner*, sale* aware . gating 12.0UI hales nt unchanged prim; in id'll lug. 6 If*. ruder the Influence of the decided weak ness In Liverpool. and n very unsatisfactory stock market the '•|teidug was lower, ami under heavy realizing sales prleea worked steadily downward during the morning «**■ slon. Mpot eothm It wtIII firmly laid In the Mouth ami there is now more Inquiry for th. raw material from the American spin- itn hea\y lining hy Mlteh^l In tlie after- n«**hi. Mild t«* Iw for Mhenraon, llaiull A Co., a sharp advance took place In cotton fit turet on*l prices we- *—* cloning figure* of Matiiniav. In the last half hour th* rivt orked shore the f the rlr Afternoon was loat on "realising. the •so t*clng stonily net - to 6 point* lower, estimated receipt* Tuesday: 1907. 11*06. New Orica nt 13.000 to 13.600 18,178 Galveston 28.000 to 30.000 32.25*1 Houston 14,000 to 11,000 24,525 Movement at Atlanta: Receipt* Monday 1.230 Hame day laat year J.8F Decrease &M Shipments Monday 1.507 Marne day laat year Same day laat year ... m ... 10.IOS ....1H.1HK ... M.130 •POT COTTON MARKET. New York, steady; middling Savannah, quiet; middling 11 1-16. Auguata. Arm; middling 11 MO. Mobile. Arm; middling ll l it. Charleston, steady; middling 10 1846. Ilaltlmore. nominal; middling 11U. Wilmington, steady; tnhhlllng t(p». Motion, steady; middling 11.80. Memphis. qul*»l; middling 11 6 10. Philadelphia, steady: middling !.’.(•. Houston, steady; middling 11 7-14. Norfolk, firm; middling IP*. Galveston, steady; middling 11 916. St. I .mils, quiet; middling 11S. TODAY’S PORT RECEIPTS. The following table shows receipt* nt tho K rfa today, compared with the same day it your; New Orleans. Galveston. . . Mobile Savannah. . Charleston 2L*7 '.'7.347 3.631 10,530 INTERIOR RECEIPTS. The following table show* receipt* nt the Interior towns today, compared with the same day last year; HAYWARD, VICK A CLARK’S DAILY COTTON LETTER. •*. spot rg«\ To Nsw. Orleans. Her. 2. Liverpool w disappointing till* luoi-ulng. rutiif about 3 higher ugaiiiNt M up due. prleea unchanged, hut Hale* are tnrg* tal 13*000 1 tale*, ('aide. ■ taa Influence of the tmre'a statement re* lUd, renewed chalice «»f strike in'Oldham. nWls liquidating and talk of combination to force out Wall street. In the light of lie- eeadtty f. financial and hutlnet* hy Liverpool waa rath. solid market* tinder present udltIons thl* eliefk V .—.... .. r web-ome to ••ou tlive people. Mull mnnlpulAthm by a few outsUfrrs in New York was Itcroiiilng rather n menace In taking the lead for N* doubt higher value* fr«n tual cot to erttp and much of the ML vluwa hap I wen gltcoitnted qrlth the Time* IhMim* rat e*ilinate* tl son's growth nt ll.tdVo* exclusive t*r*. repack-, etc., which point* to cron of about r.V>*\0»». Tne eat (mate Ua* rather *Ih»Vi* e tioiia. and le« 1 market on* tied in New York. ... opening figures. and a* hull operator* made no derided move the reaction proceeded fur ther. The spot market I* very quiet so far today, .spot buyer* are Idle, maybe on ne- count of LlveriMsd'* poor showing. How ever. spot new* 1»car* close watchlug. Con tinued demand during the first half of the “ rould Im- of unusual sign I ft Mpc lal to The Georgian. (from Hayward, Mek A ClarkA New York, Dec. 2.-J. M. Bncbe A Co.: Liverpool waa due 124 to 144 point* higher Opened eftsy at 44 point* higher. At 12:18 p. in. steady net 1 to 2 higher on near month*, and 2 to 24 higher »»n late. Large business doing In spot cotton with oHOfa- tlons unchanged; middling, 6.19: wiles. IL.000; American. 1X.600; speculative and «Hmn. I, 000; Imports, 10,00% including 4,000 Ameri ca n. Tender* now docket 4,0w. aalea made late Saturday 4,000 ball**. Liverpool dm* not follow our advance of Haturday. The group of bull speculator* an* pushing the market too bard, and 11 re action from the high level of Inst, week In order. We believe In ultimately higher prl.es. but favor a conservative policy at till* level. Advise purchase* on any fair decline today. Market opened better than eipeeted. Look* a* If ii will do much letter. The Times-Democrat estimate of ll.62o.000 la rather larger tltSB expected. Relievo the government estimate also discounted to some extent. A reaction Is due to bring the advance on a sound luisls. Mulling Mnturday was large ly hr erratic operators. \V. I*. Brown. of New Orleans, estimate* cotton crop nt I1.500,u00. A To. nre good buyers of March. . Mitchell and Wilton buying. King nuil '-overlng; March, 10.94 bid. X(« Orleans and Mverponl buying here. Kn||owi*.g ore 11 n. iu. bids: Dee in her. II. 14; January. J0.76; March. 10.86; May. 10.96. New Orleans. I»ec. 2.- Saturday's spot *al*s In Liverpool Increased to 8.000 bale*. Today - a sale* there nre 12,000 bales. The next glmier*’ report will be J**»e«J December 10 at 9 n. in. The Tlmes-liemoerat'a estimate of the crop la 11.320,000. Kxel Edited by Joseph B. Lively. MARKETS Hr. Lively** twenty-flve year*’ experience of ed iting markets In Atlanta god the South has made him a recognized au thority lo his specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAME OF STOCK. ka. follow* Alabama Arkansas Georgia ami Florida Louisiana Mississippi North Carolina ... Oklahoma Mouth Carolina ... Tennessee Texts ... Total Well Bros.. Montgomery, Ala.: N land and Southern mills are now In fha market for quick shipments, but of llnters and .. 1,100,000 ... 725,009 ... i.SMO.uun ... 700,009 ... 1,590.000 ... 700.000 ... 900.000 ... 1,200,000 ... 300,000 ... 2.600,000 quite bearish owing to the dull spot market. The opinion seemed to favor a reaction, and It waa felt that th* rallies recently had dis counted small crop estimate*. The market became dull nt about thn noon hour nt i|i | -MSS | jtori | ’MO! j i i'J Dec Jan Feb March. . . April. . . . May. . . . Juna. . . . July. . . . August . . ll.22il1.34 lfi.8W10.98 M.87 10.87 10.9311.03 11.02 11.02 11.01 11.12 io.wii.co 10.83(10.83 11.14.11-8 10.71 K. 89 10.87 10.87 10.81 10.96 11.02 11.02 10.91 11.04 ib!85’ii!66 to.83 10 iOF5 10.8V-K 10.92 9 10.86-91 • 11.04-A ll.'-M, 10.99 1 10.91-K ii.ioii 10.90 91 10.96-98 11.00-01 11.06-06 ill. 10-U 11.06-08 11.04-05 10.9598 Closed steady. EDWARD MOYSE d CO.’S WEEKLY COTTON TALK. New York, Dee. 2.—The entry Into the cotton market of a stock exchange clique, which bad amassed enormous profits on the decline In stock*, lias caused a radical change I11 the outlook. Rears, at flrat, they covered and took h considerable loan when the president's currency relief scheme waa given »»ut. Since then It develops that they been accumulating h lino of long cot- and are Industriously circulating small crop estimates. Home of them—llkn that of Mrs. Burch today, 10,388.009—iroaord on their face. Their tactics remind one of the Sully year, when It was nothing but buy, buy. bur, until tho Inevitable eud caine. lies non and logic, supply and demand, have no nlaco In auen n scheme and as there Is nothing with which to controvert their famine crop talk until the government's annual estimate la published on December 9 or 10, tho wise thing to do l* to hedge almrta and let the wave roll on until It exhaust* Itself. If the bureau crop figure la hn small ai'they prophesy, the bull campaign may be con- finned; If the figure la anywhere near 12,- noo.oort tlie bears will have another Inning. In the meantime, however, contlnuoua bull buying and probably forced covering of aouio Idg short lines may bring another l»enr stampede and lift prices considerably e 11 cents. ATLANTA MARKETS. FRUIT AND PRODUCE. EGOH—Dull, 244eXc. LIVE POULTRY--Ilea a dull, 49 cent*; chickens, fries, 224©30c. Ducks, Pekin, 35c each: puddle, 30c each. Turkeys active, l&e per pound. DRE8HKD PODI.TRT-Turkeya. draw*, active, 20c pound; fries active, 200224c lb.* lens, lie pouud; ducks, drawn, fancy, lit pound. """iiuuc-tara. isp notion: mini ne IW per Am. lee h . I Am. Hngar Refinery. . American Hmeltlug . , Am. locomotive . . . do. preferred . . . . Am. Far Foundry. . , American Cotton DJI . Anaconda Atchison do. preferred . . . . Atlantic C. Line. . . . Brooklyn Rapid T. . Canadian Pacific. . . . Chicago* Alton. . . Consolidated Gaa. , . . Central Leather do. preferred Colorado Fuel A Iron Distillers' Mceiirlflca Erie do. preferred. . General Electric Great Western Great Northern pfd. . . . Illinois Central ...... Interboro do. preferred Kansas A Texna m* a**; (2 hs; 6 M prii 1 .0* I 7041 T5^s ■!75t! S64 374 jy**< 1 29 Si ; 26 i ID :::tH 32 334 ,.k 284 .. t 26*4 •i :t7 * 827, *54 WHi 8141 *MHi iswfijji' swi B I I«J,I I.'-L'Si J.V.i Og; ii-'* 1 i«i: i'li ix< 1.—H 1 mi m 42Til *1 J'*» iinVi llfi UJJ4 Hi! • ^ :::;{lift name of stock. K.-im.u. 4 IVm.iiM.-.. I.uul>rltl- 'V N..brill... Missouri I'-icIftc. . . . Mexican * '*ntral. . . . .-few York Central. . . . North we- '*rn Niitloiml 1 .cad. . . ... Norfolk a Western. . . Northern i'actflr. . . , Ontario A Western. . . . pennaylv uta Pacific M ll People's* a* Co.. . . . Pressed S eel Car. . .. Mending Mock Jaini 'I do. pr- <erred Republic I oh A Steel. . do. pr« Rout hern I'ndle. • . . . h'outberu Hallway. . . , do. preferred. . . .. , 8t. Paul. Tenn. Com A Iron. . . , Tpxn* Pacific > ... .. , Union Pacific. U. H. Rubber do. prefer! ed U. 8. Hteel. . do. preferred. • . .. . Western Union Wabash do. preferred. t x 2 u £ 3£ 1 S B 3 35 oa rs-i »*i VA' »; SSI :::: i?i;i a 1 m ik- “ ■ ia&4 { l*34i 136 . 49 .1 liwi - 324 .( 1W» 4 k :| ff* i 1154 934 04 134 974 .... 134*4 ....! 4u .... »a 114 w 114 i :t24 :i2\ 1981*1 112 | !»3»4l 884! 93' 144! 134! 13 ;::" 4 .tj 17 | 17 1 17 62*4 62% «2 ; 7.74! 714 " 73\ 204I 19 204 1174 114 117 '«-! 17 j 19% 2«4 244| 264 11? 164, 17 .... .... 18 .... 904 114 Total stock Mies today. 3&.600 shares. NEW YORK. Following la th* range m cotton futures Id LIVERPOOL. Following figures give tho opening range, t p. m. and dose, compared with yesttrday: Futures opened barely steady. Openlug . Prevlooa Range. 3 p. m. Cloae. Close. Dec . 6.814 6.84 B.M4 6.W4 Dec.-Jau 5.85 -5.81 5.M4 6-g4 5.80 Jan.-Feb. , .5.8* -5.864 6*7 6.884 5.W Keb.-Mprch .6.89 -5.8«g 5.884 6-fTV? 6.M4 '“ft c*s f,.89 6.8* 5.854 o.*9 6.884 5.86 5.9-1 5.89 6.864 5.90 o.M 5.884 ' S.864 6.89 March April .5.89 -5.88 April .May ...6.904-5.89 May-June . .5.91 -5.89 Jiine-Juty . .6.90 -5.89 July-Aug. . .5.90 -5.88 Ang. Hept. . ,6.824-5.80 x Closed 6.80 6.81 barely steady. NOTES ON GRAIN. Pointers on Provisions. dated by the shorts, who uro taking tholr turn after the longs had theliw In tho past three weeks at price* below the present level. All the deliveries will be taken cure of hy the large Interests who have bought December and sold May and reduced tli* discount of December under the May from 10c during the height of the panic to 74<? lost Kuturday. Even at the later figures elevators find a good profit lu carrying wheat In their pri vate house, and It about pay* the actual coat In public houses, with money nt 7 per rent. It la expected that the spread will be further reduced, and some are figuring that It will get * • eetnber will February 1. our Liverpool advices state Hint their mark'd weakened off on account of the heavy deliveries on December contracts, but the situation, in our opinion, la unchanged, and Europe will still want large quantities 1 our wheat before the crop years ends. Liverpool advices also state that their corn market Is weak on *c supplies, but We do not In this country are going t or corn nt present |»ric I large tin* farmers . . * free sellers Receipt* of eorn lCRllc j>oi ar. 18024c 2. J. S. Mach* New York. Liverpool *»-t lug In very weak'on extensive the hull eifque. This set the market in n furore .«f Uqnhlatioi made bulls Mint bled over •»*<■!» tli anxiety to get out of their loi 'Hi* news was bullish Tie- Tim estimated the • rop a! lt.625.0V declines early lu th > session a about 2D points from He* high I urdnr. January sold down < March to KM. X« w Orleans In •'•lining by New York and newly ier In aiieFr ; holdings. * I *cim*cm t uili**. The 'el of 'Si |‘. 10,71 and ” rhOlfB AND NTTS-CUmn. Me i»nnil! almonds, 18c pound; Rrasll, 14e pound: Filberts. 134c pound; English walnuts. 18c M». Pecans, 124c lb. Fig*, 6-ox. pkg, 74c. 5 12 os. pkg. I5«. f^mon peel. fTHc lb. Orange peel, 174c lh. Lemons, fancy Mes- •ena, 83.75^4.00; banana*. 3Hc lb.: llmea, Florida stock. 60c 100. Peanuts In sacks aver aging 100 pounds each, owing to grade. 64bIc pound. Florida oranges. 8303.26; dried apples, 120194c; dried peachea. I44e. Figs. 81 25 hot. Dates. 1-lh. package, 74c. L. L Raisins, 82 Im*. Mixed nuts, 25 and 60-lb boxes. 13c. Grapes, Concord, 5-lb basket. 30c. Malaga, per keg, 8306. Apples, New York. 84.5006.50. Cranberries, 811 barrel, 50c gallon. VEGKTABLER—Potatoes, per bushel. 90c aweet potatoes. 8n0FV. Onions. 81-10 bush. Rpanlsh, 81.SO crate; kraut 4 barrel. 83>75; Danish. 14. Celery. SSUgoi* a bunch; t>er craic. 6 to 8 doxrn. 85-25. Cauliflower, 100 124c pound. Lettuce, 32.251T2.50 per crate. Turnips, 14c |MUind Florida beaus, $2.50 ,id, yixU'i-ini fiwv, hhi ... _ 28: »pritic wheat patent. 88.18. CORN Vo. 2 white foM cronj, 79c; choice white (old crop). Met mixed (new), 75o. Cracked corn. lw-|»outul sack, $1.80. O’ATK -No. 2 white, 62c; No. 3 white, *’.2c; . o, 2 mixed. Golden oats, 68c; white cllpnetl. ®c. MKAL—Plain. 96 pound sacks. 77c; ts pound sucks, m!V; plain. 24-nonnd sacks, 51c; germ. $1.56, HAY—Timothv. choice large bales. 81.25; v. choice small bale*. $1.20; No. 2. $1.00; No. 2. one-third bales, fl-05 Bermuda. S5c. SIIORTR -Choice white. $1.80: fancy, 81.70; brown t75 pounds). 11.60; bran. 11.50. COTTAV SEED MFAl/-*Prlme per ton, $25,00; No.. 2 per ton, $24.00; hulls per ton, 812.80 PROVISIONS. PROVISION!*—Premium hams. 14*»c; lol lies. pounds average. t\c; fat backs, 74'*. Silver l.caf lard, I0*»<\ Jewell coin- pound. ■**'. California ham«. 9c. Kx-rtbs, IV month of December will be largo enough to take care of the demand. Chicago Evening Post: Cablegram read: Light rains have falleu In thu provinces of Bombay. India, but the Punjab ifnd still without rain. Prices have further advanced.” unit cl provinces market Is dull with demand pour. Arrivals from the interior nre very small, lu the Province of Cnrdolm much damage Is re ported us u result of hall storms, and nd vices from the North nre that the outlook for the crop Is less favorable. The corn market Is dull with demand poor. Arrivals from Interior arc small with the quality satisfactory. Bro'uulinll cabled the following of Liver pool markets: "Weakness was n feature In Thursday trading hi wheat and today yri«'»’» came In *i'd4d lower. Some recovers: on the damage reports In Argentina. Further decline of NflSd occurred on the fre cheaper I-1 Plata offerings and partial and , Min* - Steady and 4d lower Finley ftarrelt & Co. received tl». Ing cablegram from their crop expert, from Hastre, wlib li Is In the heart of Haute Fe district, the second large wheat producing district In Argentina: “Hastre, Nov. at.— llarvestliiK here. Crop very much above average and of superior quality. \\ oat bet iierfect." Tin* central statistical committee at St. Poteraburg Issues n revlawl preliminary es timate a | SHORTS III DECEMBER AREUOUIDATING Resulted in a Large Fraction Decline, in Wheat at Opening. ST. LOUIS CASH QUOTATIONS. IVhoat-No. : red winter .. Corn—No. 584 Oats—No. w Chicago, Dec. 2.-\Vheat <i« V lower, but recovered some of the loss Immediately. TJie stiH-k market was heavy mid prices di- NEW ORLEANS. b*c. rr Jan.. . Feb.. . March. Anrll. . May. . June. . July. Closed steady. £0 10.84 11.09! 11.60-0l| 11.06-09 i.is) 11.06 11.06-07)11.13-14 ' ' 11.0G-08111.13-14 11.10- 11:11.18-19 11.10- 12 11.20-21 11.18- 19 11.26-27 11.19- 21.11.2S • 11.39 11.28-30 11.31-341 TIPS FLASHED. From Wall Street. WEATHER REPORT. WEATHER CONDITION*. WJtb the exception of New York and New England, the entire country la covered by an extensive area of high pressure, whose center Is near Yellowstone Park. A» a re sult of this area of high barometer, clear and cold weather prevalla. freextng temper ature extending as far aouth as Thomas- ▼Hie, Gn., with heavy frost nt Mobile. Ala., and Jacksonville,,Fla. In the extreme north east the weather la somewhat unsettled, with snow falling this morning nt Mar quette, Buffalo, Oswego and New York city. No precipitation has occurred In any of the southern states In the last 24 hours. The conditions favor fair weather in this section tonight and Ttiesduy, with but little change In temperature. [Max. Min. Mulu. Abilene. . . Amarillo. . Asheville. . ATLANTA. Augusta. World's ship* 100 PHI the forecast. with Russia and the Danilin* contributing Birmingham, but 1,600.000 bushels, ngnlnit 8,500,000 bushels t lllsninrefc. last year. „ I Boston. . Wheat closed 1014c lower; corn was off 11 Buffalo trifle; oats 4*14c off to 4‘* visions were 24fft74 higher. CHICAGO GRAIN MARKET, Following nrr th# Chicago grain aod pro visions quotations for today, compared with vetterdny's close: Prevlooa Open. High. Lorn Cloae. Cloae. MU EAT * Dec. .. 964 97 954 934 964 May .. 1034 1034 1684 1924 1 July .. 974 984 97'* 974 984 354 554 * 85% 534 664 564 OATh — ee. .. 4H»4 474 ay .. 504 514 ily .. 154 <64 FORK— Jim. .,12.874 12.75 May* ..13.00 13.15 LARD- 544 554 554 464 5**4 454 00 % 564 554 6.824 6*74 6-774 6.»fi 6.93 7.»24 6-924 CHICAGO CAR LOTS. 1 ;ie rei-ei icAdmatod 1 bn; winter r.vc 7;in.n estimate played yield 146.008,009 I'U and rye rts'.nww ou. E. W. Dennis says: "An Ohio miller has sent the currency here to pay fortllO.OOO lot of December wheat be Is long here, and orders It In and shtp(6Nl to hint by rail. A lot of others will do the attiiie.” THE CCfrFEE MARKET. The following figure* gives Din oj rnugt* and d«#o lu the Now York market today: Opening.! Closing. January . February March .. April May .. .. June .. .. Jnlji .. .. August .. VISIBLE GRAIN SUPPLY. LIVERPOOL GRAIN MARKE1. IVbeat o|H‘U'm1 %04 higher and pIoemI uo.&i 5.75M5.NO 5.t9«5.«l 5.751i3.s3 I 5.4563.9* j ! 5,tj6w5.9t) I 5.9003.93 I 124c: rv-rolled isecnnd hand). 74c. TIES—Naw. 11.174 bunch; tiecoud-hand. D.fl6. GROCERIES. RICK . Jap. 54 cent#: head. 6ff?c: fancy kead. 7ff74e, accordlnc to CliCKSE r full r am. !64c; ' 5.85M5.93 5.9506.* 5.9004.00 L ( J60«i.n» ♦ 5.9041*100 | 5.U54IO.OO 3.9504.00 6.UHJS.05 u*:.c.*, r.tfifttibt 5.9506, in 6.1006.15 5.6506.70 5.7006.7*1 Cloaed steady. Sales bag*. THE LIVE STOCK MARKET. Chb agrt. Doc. 2.—HOGS—Mecdpts 3*).000. Marl.el 561i*c higher: light. SI.55^i5.*V»; mixed, 34.W05.1O; heavy. 84.5.30405; rotmb, $4.55''i 4.7a? pigs. I3.SOU4.75: yrkers. . «\v^ITI.K—TleeelptsJU.Oi^ MaJetjBertdy ste I 3.15 Charles Charlotte. Clib'Ng". cineliumti. . . . Corpus Christ I. Davenport. . . . Huron. . . . Jat’kaonville. Jupiter. . . Macon Memphis. . . Meridian. . . . Miles City. . . Mobile Montgomery. . Nashville. . . New Orleans. , New Y’urk. . . . Norfolk. . . . North Platte. . oninhn. . . . Palestine. . . , IMttshurg. . . Portland. Me. , Portland, tire. lUpId City. . St. Loilis. . . . Si. Paul. . San Franeisco. Sava 11 nab. . . Spokane. . . . Tampa. !| 50 1 30 '66 | 4*i Special to The Georgian. (From Hayward, Vick * (ml N>w Y'ork. Dec. 2.—J. S. Bucbe 6: Co.: American* In London weak 4 to 14 t*clow parity. Copper stocks off on decline lu tbe metal. The aggressive upbiddtng side Induced profit-taking. The Hiuili gain. In reserves on Saturday was also a fine tor, ns n substantial Increase in reserves was looked for. The New York Times published views of congressmen on currency legislation yesterday, and there is quite u dissension iu both political parties as to the. remedy for recent disturbance*. While there may be hoiuc profit-taking tills morning, there will be no serious setback. Conditions both financially and Industrially arc mending. Many manufacturing eon- f market has been perfectly natural. The London decline induced rf*TOe profit-taking, after which the recovery was rapid. Beading and Fnlon Pacific arc doing the lending again with sonic strength In Pittsburg Coal, preferred, ou the fine sir lug in past ten mouths. New York .Financial Bureau: . Reactions will l>e due in the stock market today, coin ddent with u continuation of specialization. Whether or not such reactions will he spo cifle or general remains to he seen, hut uni fortuity of movement that broadens I* ni laat succeeded usually hy n uniformity. «»1 reaction• with possibly one or two stock*- made strung to disguise the manipulation to suspend bullish opera tlons temporarily, on reasonable recessions therefore, specific or general, we would continue to favor th* purchase of standard rails. Those >t«s‘ks which have had the hliurpost advance al ways react the most extensively, whlle'oth- ers may in tin* meantime Im* brought for ward to cover the retreat. The market must t*» some extent he vul nerable through reduction of ahortnge. which, while It Ims been renewed on the htilgiirg. Is not In ns strong technique, gen erally K|H‘uking, ns before. We would not therefore neglect profits, especially on fur ther strength. Southern Pacific stl|l shows a strong up ward trend, hut may he near n recession: also Beading. Northern Pacific and Great Northern are bought for Investment, nud the trend Is still good. Fnlon Pacific tflll meet soma op|>ogttlon n little hlghflr, but may overcome It. Town Topics: Few conservatives In the street fall to agree that the rally ban been carried too far for the. market’s good. The short Interest has been practically elimi nated, while the hull party is committed to heavy engagements which they will he quick to rid theinsclven of on tlie first ’ap pearance of heavy liquidation. This liqui dation has already begun, ns Important In terests Jiaro been wiling stocks during the last dny or two. confident In their ability to regulii them at much lower price*. The money market will likely be subject to sharp flurries thlr month, owing to the enor mous puyineut to be made during the next six days, tff say nothing of heavy maturities around tbe first of the year. Moreover, there would seem to be a great deal of liquidation overhanging the market ns the time loans mature nroubd the first of the new year. The convening of congress, with ths president’s measure giving only half help matters, while the .Standard Oil suit will sbon be under way again. The techni cal position has been so weakened that either of these developments or a number of others expected, might be ninde the pre text for another drive nt prices. . We look for feverish conditions today with a further effort’ to mark up prices against the short*. On the rallies, however, wo regard all the active stocks ns good sale*. Hell cotton on |be bulges. Wheat should be bought for a turn when weak. Profit-taking In .an active market for Americans iu the early lA»ndon market re sulted in considerably lower prices. MONEY AND EXCHANGE. New Y'ork. Dec. 2.—Money on call 6 per cent; time loans dull; sixty days 12; ninety days 15; six months none. Posted rates: Sterling exchange $4.811M.8750, with actual business in bankers’ bills at $4.8630^4.8635 for de mand and 14.80fri4.8050 for sixty-day bills. Prime mercantile paper unchanged. London bar silver 26 ll-16d. New York bar silver 57 3-4e. Mexlcun dollars 45 l-2c. WALLSTREETFEARS Professionals Expect Dras- tic Message From President. THEY SOLD STOCK In the Last Hour Stocks Were Buoyant and Sharp, ly Higher. In tin* tnst hour n decidedly flrti developed lii the stock tnnrket, an.WU- entire list advanced sharply, with th* trading more active than usual. I’riff* Jumped up by leaps mid bounds, and tl* tone was buoyant up to the eloso. I he low point of the session Bending -.'ititiej 5% and closed only 4 below tin* boat, v • Jug, Pennsylvania. New York fentraJ. .* ern Balluay. Northern Pacific and Northern were strong and higher. BY T. C. 8HOTWELL. New York. 1 tec. 2.—Fear of what might do filled Wall street today and sharp reaction* In some stocks. Profit’.tat! lug was Indulged In liy Investors and Illiig made Its appearance again u part of speculators. Tbe Increasing ease o’f money made it pos sible for professionals to operate more frc*. l.v. and they are u factor to be reckon^ with from now on. They expect a drastic message from President Roosevelt to gross, and they do not hone for any rency bill of Importance this session. t’onservntlve bankers are nd vising tht purchase of stock on any of the declines that may now come. Business Is Improving In many lines. *•«{*. dally in the wnv of employing labor by railroads and steel companies. The railroads arc about to lift their order* for rail* nn«i much Improvomept work Is to be continued. London was easier and there wen* cri- deuces that Germany was selling Ain.-i.-su stocks. The mining situation In Nevada i« such ns to make n complete sliut-dowti of all. mines In the state within the possibili ties of the near future. Cotton was heavy. Wheat was slightly lower. Clo8lng bids follow: RAILWAY STOCKS, Afchlson 731 THE SUGAR MARKE7, w Y’ork, Dec. 2.—Th© domestic refined sugar market was steady. The local raw Hiignr market was steady. The l^xidoti beet sugar market was steady, with December 14*1 lower nt 9s 4%d ami January quoted at 9s tkJ. BUYING OF STAPLE COTTONS 8HOWS A STRONGER TONE, M \t ntu Till*! vi lie. • ! 54 •diado lower; beeves, 83.264f6.55%Texns ■. $3.1003.9*: Western cattle. $3,100 -toekers and feeders, $2.1604,13. cane syrup. 38c gallon; salt. 100 pounds, 50e; 84.6“ axle grease 81.76; sod* crackers, 44c pound; 83-73' femcn. $c: oyster, 7c; tstrrd candy, par ‘ 4$ic; r*-** — J - * HAYWARD, VICK & CLARK, COTTON. STOCKS, BONOS, COFFEE, GRAIN AND PROVISIONS Carowfelst and Gravisr Sts., Now Orleans. MEMBERS: Ftw Orleans cotton Exchange. Ntw Y’ork Cotton Exchange. Oclmtct: Cotton Cxchtngc, lloust *1 Cottcto Exchange. New \ork tnd Chicago Correspondents: J. 8. SACHe & CO., AND BARTLETT, FRAZIER A CARKINBCON, »R«VAT* WIRES TO ALL POINTS. pound, etc: mixed, per I |*ounds. <4**: toma toes. 2 pounds. $106 cam*; I'pounds, $2.*; o«vv b«ntis. $2.90; i.lniit beans. To; best matches per cross, $1.66; macaroni. «HtT?c poned: sardines, mustard $3.60 case. JM’GAR Standard granulated $8.15; New York refined. 4 T »; plantation. 4';e. COFFEE—Roosted, Arbueklet, 814.00: bulk to hags and barrets. 12c; green, lift 12c. Shredded biscuit. 86.90 case: No. 2. rotted Mil. $3 24 esse; ssek grits. 96 pound hags. — — ■ |2; oysters, full weight. *2.2# ease; pepper. ^^ I ISc pound; baking !>owder. IS «*s*e; red sale* of fresh beef in At salmon. 85 ease: pink salmon. $460 ens«: roco.i. ehocolate. 434e; snuff. Mb tar*. 4«•*; r<*#st beef, |?8a rase: ulrsn iXcw Or leans*. t> /gallon: corn. 39** gallon; potss) 83.25ff3.S9 case; peanuts. 6*40: rope. 4.pj r vuton. 22**0* soap, 11.3Mi4.fi) case. CANDY—Mick, assorted 64c pound; stick assorted. 6Vc pound: fancy nssorted. palD. CUc-.rJiocolate drons. pall*. 124c; Elk. nv sorted, ten bote* 88.69; HARDWARE. . WFf.L DUCK RTF—84.M doxso. ROPE—Manila. 8**#el. He; cottas »c. ..55; layibs*. Western lambs NAVAL STORES. AXRP-87 per doven base. LEAD 34: l*nr 74** pound. NAIL*-Wire. 12.65 keg. base; cut 82.60 keg. base. sROER—IJorst, $4.2604.78 keg; mule tboti 84.25ff4.7L * Spec I to Tbe Georgian. Ss' miah. Ih*e. 2.—Turnentlm* firm at 454. . Aalea, 175; receipts. At. Bo* * firm: w»l.*s, 2.111: n*ee|pU. 2.076; wluU>"v glass. $6.7**: wafer-white, Jii.l'i: N. PkV>: \t, E*»: K. $4.*\- t. 8.1.75; 71. 93.20: G. $ VTI2.97*?: F. 82.9**012.:*5: K D «’ B A. WEATHER FORECAST. Washington. I)ee. '.'.—Weather condliions and gcnornl forecast: Pressure is high this morning In practical- all ports of the country, except tb»» Ht. Lawrene,* valley and New England, the crest or the principal high being In the northern plateau region. Know continues locally In New England ami along tbe lee shores of the * treat Lakes; elsewhere, how ever. fair nud e**l«l weather prevails. A shallow barometric depression central over northern Arkansas wlR probably cause tin- —***'ed weather with snow or vraln In th*» valley and the lower lake region to night and Tuesday hdsewber© genernllv fair weather with moderately low temperature* for the season will Continue. Forecast until s t*. tu. Tuesday: Virginia—Fair and eontlnned cold tonight* Tuesday fair; fresh northwesterly winds. North Carolina and Mouth Carolina—Fair and continued jrohl tonight; Tuesday (ntr ntnl warmer; light variable winds. Georgia—Fair nud slightly warmer tonight and Tuesday; light variable winds, Ihh-oui- Ing southerly. Eastern Florid*. Alabama and Mississippi —I-alr tonight and Tuesday; slightly warm- rr toulgbt; light variable wind*, becoming westerly. • Kentucky—Fair and w Tnesdav fair. Tennessee—Fair tonigbt: wanner In eon- trjl nii.l rn.t.r'i iwtlim: Turwla; fair. I.HiiUl.ii, -f iiir lODl.lit nuil Tur-lny; ifffht to fresh variable winds on tie- const - T p *f.*T F,,r J* 1 " 1 . t * n|,,,,r tonight: Tuesday fair: light t" fresh northerly winds on the of ihp first things to be tinted Hnt- . was the stronger tone In the buying staple cottons. All of the large handlers of’ thin class of goods reported that their mail orders wen* larger than on any pre- loiis day this month gtid that the afore ftl**H were also of fair also. Many of the Ity trade wore lu the market and placed staple and fancy cottons for latlona they iniiile earlier In the month. In I the Unit giHwls trade It Is stated that tlie J cancel fa tlona that have come to hand on the (Spring lines have been scattered nnd that the total does not amount to any consider able volume of the lightweight season’s 1 production In either Imported or domestic i goods. Gnu of the best things that could I have been done under the prene/Tt conditions was for tlie mills in all lines of textiles to | cut tall production wins to keep their stocks within iiarniw bounds. The result has been that many buyers who would undoiihtodlv have cancelled nllous-.i their **r*l«*rs to staml ns they realised that then* will In* no good* free from order late In the season. In fact. It Is stated In some of tin* commission houses that flu* curtailment Inis stimulated buying on special Hues if cottons, linens. Idle goods for the cutting up trail© and 1* credit situation Is less talk of slow factors in tin- pri- cre in receipt Hnt- konight; COTTON SEED OIL MARKET. h’oll wing is giten the opening and closing ota .•ns.of the New Y«*rk cotton aged oil irk« • j Opening. -! * ’losing. *•011 344ft:V. ' 3iY.ir.vr nnn . •bm y 3»;\'Ji37 t 4 L 364ft :s,» 4 *r»h . 374^i2>*4 nr «s:t74 ;y 374ftA4 :> 0.^4 t 3S48*-* 1 3i394 okhtlm -Fair and eoide night; Tu Arkansas—k 4 nlr tonight nnd Tuesday. fine dress goods. \... improving nml there is collections by tin* Inrgi* rnc mary market. Mobbers wen unlay of a-fair volume of 01 . roadmen nnd lh** store trade was ;.s large as ouid tie exploded **H the day liumciii.it.-l\ reconcile conflicting inti* sat Ion nnd the unfortunate |ircci| itatloii r a financial panic when the company wa oassiiig through a formative period. Narrow Odds Are Steady. Fpon the openlug of business Hatunla cotton goods brokers wen* able to through contracts on narrow* «Mtds t basis of 4U cents for 28-lneh 64x40*. No large buyers were iu the market for regu lar* that are nominally quoted at 5»: cents —tile goods the demand Is slack with put 941 ..112 .. 93 b: .. 14 7- ..117 do preferred.. Baltimore and Ohio... ... Canadian Pacific Chicago and Northwestern... Colorado Southern Denver and Rio Grande do preferred Erie.., Illinois Central Louisville and Nashville.. .. Manhattan “L" 115 Mexican Central 14 Missouri Pacific 51 New York Central.. Pennsylvania Reading Rock Island do preferred.... St. Paul Southern Pacific.. . Southern Railway... Union Pacific do preferred.. .. Wabash Interboro-Metro do preferred Great Northern Miscellaneous. Amalgamated Copper American Car and Foundry .. j. American Locomotive American Cotton OH American Smelting and Refining do. preferred Brooklyn Rapid Transit Colorado Fuel and Iron International Paper National Biscuit National Lead .. .. Pacific Mall People’s Gas - Pressed Steel Car Sloss-Shelfield Steel ... Sugar United States Stool do. preferred . Western Union Mackay Companies do. preferred .. ’ Va.-Caro. Chemical, j>ref. 52 1 .. 107 3-4 .. 26 1-2 .. 87 7-t 5S 1*2 THE LONDON STOCK MARKET. riling to Wj 1 busli Amalgamated Copp.-r , Auni-ouda Atchison preferred ’lilrago nud Great West.. Erie First preferred Hecoud preferred llRu«l» tViHrul . . . . Kansas and Texas . . . . <i". p referred . . . . Louisville ami Nnsiivllte. Mexican Central Norfolk nud Western . . . Northern Fselfie . . , . New York Central . . . . N. V„ Ontario and West.. Pennsylvania ‘'hllndelphin nud Beading. First preferred. . . . Seeond preferred . . . Bock Island Southern Pacific . . , . . St. Paul P . Southern Hallway . . . . do. preferred ...... Fnlon Pnettie Fni/cil Staten Steel . . . . preferred I m lio’. it* 114*4 24 7 *I 24T 854 85* lo. preferrd . CEORCIA RAILWAY ».NO ELECTRIC C. •"■I pri,.- „r Itallw.y nml hlcrtrti- 1 »nipnny i'«Jny: Iti.l T'i:, s. No market for preferred. Cltw. I dull. Hales. 2.^*! ATLANTA OIL'MARKET. Th- Mlowln; ipiotmlim. nr, pa.xil , tnnl tr^liMrlfnh.: I ’ii lit.' (mile, f "III)-, pmoipf, SfiSH,; brcvmtH-r, .71 „ „ FRANK HAWKINS, PmMcaL 'vuSSSSUht ?. B 2M^s_6 **1* w. BYEItS, Asslstau: Cashisr. Third National Bank Capital .... $200,000.00 Surplus and Profits $400,000.00 DR. A. W. CAI.nonN. MIL7C.N UAHGAS. JOHN W. Git ANT, it- V. M'CliltD. FRANK XVAITKINS, J. Tl. NUNNALLf. J. CARUOLL PAYNEL E. II. ROHHRR, jiAVlD WOUDWABD. MINING STOCKS. Boston Ihh*. l—Opening: North Butte. 4); Boston Coiiw>lidnte«| 14; Cnlumet Ariiona. 9.; shannon. 104; old Donduton. 25; Greeu ‘■mm*. 54; Afloueg, Massachusetts Go*, preferred, 79, THE AUDIT COMPANY OF NEW YORK Ike Oldest and forenn! Corpi.-itio Enja;cdn le:m.V:i.i; Bell Bhonc 3309 Main. 1310 Candler Building. HARRY M. RICE •• Southern Mantf r -