Newspaper Page Text
THE ATLANTA GEORGIAN AND NEWS.
THURSDAY. DECEMBER 5.
HEAVY SPOT SALES
OPENEDJTTON OP
Liverpool Continues to Re
port Heavy Sales at
Firm Prices.
PRICE WAS A SELLER
Profit Taking Caused a De
cline in Prices in the
Early Trading.
\>w York, Dec. D.—The cottou market to-
iter owned 1 to 8 point* higher. Influenced
hr further lunte ules nt Liverpool, but war
depressed* lifter ,ho cull hr liberel selling
fur Wall street, and alao through Interests
reported to bo acting for Mr. Price. Even-
fiiflllv the leading options fell about 5 points
imler last night’s elose.
The Liverpool market Thursday morning
opened about as due on futures, but the
tendency afterward was toward a lower
level, the elose being quiet 8 to 10*4 lower.
For some reason the English operators arc
of the opinion that the market Is In a
weak position. They also expect a bearish
bureau. In the meantime spinners are buy
ing raw material nt a record-breaking price,
lin d tire apparently willing to pay the ad
vances asked, their takings Thursday aggre
gating 12.000 bales at an advance of 2 points
to fi.J3 for middling. ...
The New York market opened 1 to 6
points up In response to Liverpool's fliow-
ing. more especially in the spot department,
but prices around the opening were the
highest of the morning session, realising
wiles forcing prices down some 15 points up
NEWS AND GOSSIP.
Of the Fleecy Staple.
Special to The Georgian:
(from Hayward, Vick A Olnrk.)
New York. Dee. 5.—J. fl. Bache & Co.:
Uvemol was duo 5 to 5% points lower.
Opened steady at 5 point* decline. At, 12:15
p. m. Was quiet net 5% to 6% lower on near
ami 4 to 6 points lower on distant positions.
Fair demand for spots ut full' rates, 2 points
higher; middling 6,35; sales 12,000, American
11.200; speculation and export 1,500, imports
17.009. nil Americau.
Realizing yesterday afternoon was respon*
dhle for the easic:
Boles heavy In
sales Liverpool 12.000 hub .
American. The foreign movement Is hold
ing prlees. Advise buying on all fair reees-
sjyus. Think mnrket will be renetlouary to-
day, but be sure to take advantage ut the
drop to get long.
erchauta think tinfavu
follows: “Exp
the market Is In
long, our best n
bly of cotton.”
Following are 11 a. in. bids: December
11.45, January 19.5*5, March 11.<*4. May 11.07.
Carpenter brokers sold Mareh down to
10.13. but when they stopped It reacted
quickly. Tnleut think Carpenter lias ft
very bearish card in the Giles report, which
Is said to be coming out at 2 o'clock,
ffuftqn very good buyer of cotton.
New Orleans. Dec. 5.—IIayward, Vick k
Clark: Hulls raldiug market to- buy a lit
tle cheaper. Cotton will go much higher.
**“'* . Spots firm.
W ana .are to raid
market a little more on tho ground thul
ton many people bought, expecting « bull*
Ish census. Spot market, howe— jf “*—
Edited by
Joseph B. Lively.
Mr. Llvely’a iwcnty-flva
years' experience of ed
iting market* In Atlanta
and tho South has mads
him a recognized au
thority In hta specialty.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
steady, with prices showing a G<*>d reaction
from*the low points, notwithstanding the
estimate of Miss (Hies, the elose being
ptoadv net 3 to 10 points higher.
Miss Giles' estimate. Issued at. 2 p. in.,
i.lures the yield at 2,199,700 by stutes ns fol-
«ieorgln
Florida
Arkansas .
Tennessee
Oklahoma
Kentucky .
J 1907. | 1906.
Estimated receipts
Friday
82.371 j 59.437
41.572 ( 84.370
80,191 ! 82,019
57.522 i 85.334
54,531 ; 97.208
316.148*1 378^68*
3.429.544 | 4.549,630
* .1997. .
New Orleans 9,000 to 11,509
Galveston .13,000 to 15,0<)0
Houston 10,000 to 11,000
Movement at Atlanta:
Receipts Thursday. December 5 1,418
Snine day last year ..: 1,605
Decrease 87
Shipments Thursday. December 5 1,600
Same day last year 1,545
1909.
14,830
17,352
18,443
45
Slock on hand Thursday, Dee. 5 9,1
Same day last yenr « 17,456
—ftui'i ,,— /T*-— 1 *— 7 M"*
SPOT COTTON MARKET.
Liverpool, *twidy; middling 6.25.
Atlanta, steady; middling 118*.
New Orleans, Arm; middling 11%.
New York, steady; middling 1L2>
Savannah, steady; middling H o-16.
Augusta, steady; middling 11%.
Mobile, steady; middling 11 5-16.
charleston, firm; middling 11 1-16.
Baltimore, nominal; middling 11%.
Wilmington, quiet: middling 11*5.
Boston, steady; middling 11.90.
Memphis, steady; middling 11%.
IMiilndetphln, milct; middling 12.15.
TODAY’S PORT RECEIPTS.
The following table show* receipts nt tht
ports today, compared with tho same day
last year:
New Orleans. .
Galveston. . . .
MobUe
Savannah. . . .
Umrleaton. , . .
"Ilralngton. . . .
Norfolk'
New York. . . .
Boston. . . . . .
Philadelphia. .
Total. .’T
GREATER INTEREST SHOWN
IN STAPLES FOR SPRING.
Sew York .Commercial; Buyers are ahd’
Ing greater Interest in lines of staples and
ottous for the spring. They
eorno to the conclusion that the rallL
hold their sleeks. which are small, for full
values and that there will be uo appreciable
volume of goods thrown on the market as a
result of cancellations. Tbo stand which
the. mills have taken In denying the re
quests lor indiscriminate cancellation has
saved tho spring trade situation. Now it Is
n case of taking tho goods ou the easiest
terms that can he mude with tho mills.
Most or tho manufacturers are willing to do
anything In their power to help their pat
rons and they are extending the delivery of
goods weeks and In soinu cases months.
Tills Is greatly relieving the position of
jobber* and cutters who have asked for ex
tensions. Roadmen for the commission
houses and th*» Jobbers are again “booking
orders for spring lines on staple cottons,
woolen and worsted dross goods, and lines
of linens, silks nnd white goods In Im
ported grades. The fear of taking more
looking to the spring as likely to prove a
normal season.
On cotton nnd woolen yams tho market Is
quiet and there Is a lack of confidence ou
the part of buyers In placing forward con
tracts. They ore not dissatisfied with the
present range of prlees, but stale that they
do not feel Inclined to order further sup
plies until their collections ou goods made
up for their trade improve. The local job
bing houses are doing a better store trade
than they have for many days, nnd the
visitors from out of town ar« Interested lu
getting their goods shipped to them at once,
nil lines of domestics ami on fancy cottons
there Is also a larger volume of store busi
ness than has been hooked since the early
uurt of November. Tho mills of tho coun
try are - adhering to their policy of con
servatism, and. are curtailing In every de
partment so ns to keep their production
down to actual orders.
SAME OF STOCK.
Am. Ice ii
Am. Sugar Refinery. .
American Smelting . .
Am. Locomotive . . .
do. preferred ....
Am. Car Foundry. . .
American Cotton OU .
Anaconda
Atchison
do. preferred ....
Atlantic C. Line. . . .
Brooklyn Rapid T. . .
Baltimore & Ohio . .
Chesapeake & Ohio. .
Canadian Pacific. . . *
Chicago A Alton. . .
Consolidated Gas. . .
Central Leather. . . .
do. preferred. . . .
Colorado Fuel & Iron .
Corn Produce
Colorado Bout hern . .
Delaware A- Hudson .
Denver & Rio Grande
Distillers' Securities.
Erie
do. preferred
General Electric . . .
Great Western ....
Great Northern p/d. .
Illinois Central . . . •
Interboro
do. preferred . . . .
Kansas A Texas . . .
NAME OP STOCK
Kansas A.Texns pfd. ..
Louisville & Nashville..
Missouri Pacific. . . .
Mexican Central. . . .
New York Central. . .
Northwestern.
National Lend. ! 4'i‘ 4 j 43*4
Norfolk A- Western 65%
Northern Pacific U7**j 120%
Ontario & XV
Pennsylvania. ....
Pacific Mall
People's Gas Co.. . .
Pressed.Steel Car. . .
Reading
Rock Island
do. preferred. . . «
Republic Iron A Steel.
do. preferred. . . .
Southern Pacific. . .
Southern Railway. .
do. preferred. . . ,
fit. Paul
Tonn. Coal A Iron. .
Texas Pacific
Uulon Pacific
U. S. Rubber
Western Union.
Wnbasli
do. preferred.
TotnlTtock sale* today. 1,043,800 shares.
NEW YORK.
April.
. .iii.«iiu.<ofii.4S
. . U.M 11.16 10.94 ll.<a|H.n8^l9:ll.(6-0«
. ,! I j iu.13-15ill.0Mil
. .fjl.15 H.26 11.02 ll.18jll.lM9 11.11-12
. Jll.14 11.14 11.H 11.14 11.21-22111.13-10
. .;il.l«|ll.301LW 11.24
. ll.J- ll.ZU H.U H.1U
■ n.03 ! n.0B|n.03;11.03
Dec..
Jan..
Feb..
Mare
Ap "
Ml,
Juno. .
July. .
August.
Closed steady.
11.23-24 11.16-17
11.22-23 11.12-14
11.J5-16H1.10-U
11,07-09111.01-03
LIVERPOOL.
<*Following Is the opening range, 3 p. m.
and close, compared with yesterday:
Futures opened barely steady.
Opening Prevlon*
Range. 2 p. in. Close. Close.
Dee. . . .
Dec.-Jan.
Jan.-Feb.
Feb.-March
.5.99
.5.99
_ .5.99 -6.02*4
Mareh-Aprll .6.00 -5.99*4
Anrll-May . .6.02 -6.01%
May-June . .6.0*1 -6.00%
June-July . . .6.00
e.03%
6.03
6.04%
.97% 5.93
o.97 5.93
6.00 5.95
.5.99 -6.02% 6.00 5.95% 6.04%
6.00% 5.96 6.06
0.00 5.96% 6.05
6.06%
5.99 6.97
14.65
July-Aug. . .5.97 -5.98% 5.97% 5.94 6.02
Ang.-Hept. ..5,87 -5.88 5 85 5.82% 5,92
NEW ORLEANS.
Following Is the range In cotton future* In
j
O
1
h
a
Si
Dee
Jan
Feb.. . .. .
March. .
April. . . .
May. . . .
June. .
July. . . .
11.M
11.24
jii.a
iilsi
ii!86
1L34
H37
111 44
1149
11.15ITI.28
11.1011.23
ii.'ii ii.27
IL23jii*.83
iL29|iL40
11.23-24 11.28-24
11.23
11.27-28
11.27
11.87-58
11.37-39
11.45 47
11.22-24 1
11.30- 31 1
11.33-34 1
11.31- 36 1
11.40-41 1
NOTES ON GRAIN.
Pointers on Provisions.
Speelal to The Georgian. , .
iFrouit Hayward, Vick A Clark.)
Cbieugo. Dee. 5.—Bnrlett. Frazier A Car
rington: It Im our opinion that a very large
shortage exlsls here In May wheat. It has
become popular here for the last thirty,
lays to sell wheat short, and we are likely
• ■ —*—* -ju covering by
» seen the ml*
•’urthermore. It Is our
opinion that Europe will still have
shorts, the snine as
INTERIOR RECEIPTS.
The following table allows receipts at the
interior town* today, compared with the
*»int day last year;
HAYWARD, VICK A CLARK’S
DAILY COTTON LETTER
•kange yesterday toward the elose of our
market, and were 4 to 5 points lower. A
•ntiis said: “Market feels the influence of
Hf> tne profit-taking. Bplunora nre buying
‘•irgely in Liverpool. Think splinters hold
'**ry bare stocks of cnttmi. Consumption In
GngUnd will exceed lust season’s If supply
is available.”
Dur mnrket opened about unchanged, then
v-i "harply ]o points on a raid In New
\1 r ^‘ ,M ’ ra, >lons like this the crippled
::« r r *?f bull support by the Botifh, owing
'*> legislative restrletlous, enn bo clearly
■'?*>• »‘'reign interests can work these
rnjas at will, and at comparatively little
'_?**• •» support In defense can not be sum-
m onod ns rapidly as In former days.
The news that the National Bank of
rnumerr* of Kansas City, Mo one Of the
*rge*t hunks In the West, will not open
„ * ariors for business this morning served
f* f^aon for the rnld. * It may be that this
*L' . •**. Isolated ease of temporary dls-
, ■ •” 1 ■ 'Til IIIUC IO
b*ans to New York, said
* 5 2®*°W.OOO, nnd are consequently
.f .Sf* ,,n ^ or difficulties during the time
Jni 1 i* 4 rro P movement*. Hueb occurrences
111 always have a momentary moral ef*
ATLANTA MARKETS.
FRUIT AnTcTpROOUCE.
EGGS—Dull. 24%©25c.
LIVE POULTRY—Hens dull, 40 cents;
chickens, fries, 22%{j30c. Ducks, Pekin, 86c
each; puddle, 30c each. Turkeys active, 15c
per pound.
TtRESBED POULTRY-Turkeyi. drawn,
active, 20c pound; frlea active, 20-?Z22%c Ib.f
lens. iCc pound; ducks, drawn, fancy, 16t
pound.
PRODUCE—Lard, lfc pound: hams active,
i$c pound; ahoulder* active. 10011* pound;
■Ides active, lie pound; butter. 18©24e per
pound: beeswax active, 26r nonnd: bonef
/bright) active, 35c pound. Italian X Cheat-
nut. 9r pound.
FRUITS AND NUTS-CItron, 20c pound?
almonds, 18c pound; Brasil. 14c pound;
Filberts, 18%c pound; English wnlnuts. 18c
th. Pecans, 12%c lb. Figs, 6 02. pkg. 7%f.;
12-oz. pkg. 15<*. Lemon peel, 17%c lb.
Orange peel, 17%c lb. Lemons, fancy Mea-
sens, 83.7504.00; hnnanas, 8%c lb.; lime*
Florida stock. 50c 100. Peanuts In sack* aver-
aging 100 pounds each, owing to grade.
%<88c pound; dried apples, 12$*12%e; dried
peaches. ll%c. Figs, 81.25 box. Dates. 1-
pouml nneknge, 7%**. L. L. raisins. $2.00
box. Mixed nuts, 25 and 50-pound boxes,
13 cents. Grades, Concord. G-pouud basket.
26c. Malaga, per keg. $5®6. Apples. New
York. $4.GO(?i5.50. Cranberries. 811 barrel. 50e
gallon. Florida oranges. $2.7508.00; “Pet
Brand" oranges. $3,0iV»;;s.5O.
VEGETABLES—1’otntoes. per bushel. 90e
sweet potatoes. Onions. $L10 bush.
Spanish. $1.50 crate; krant % barrel. $3.75;
Danish. 1%. Celery. 85090e a liuneh; per
••rate,-G to 8 dozen. $5.25. Cauliflower, 100
12%e pound. Lettuce, $2.2502.50 per crate.
Turnips, l%c pound. Florida beans, $2.50
"*"■ FLOUR AND GRAIN.
FLOUR—Highest patent. $6.60; best pat
ent, L5.7B; standard patent, 15.50; half pat
ent, $5.25; spring wheat patent, $6.25.
CORN—No. 2 white (old erop), 79o; choice
white (old crop), S0c: mixed (new), 75c.
Cracked corn, KVl-nonnd sack, $1.90.
CHICKEN FEED—Flfty-ponnd sacks. $1;
Pnrlnn chleek fee«L $1.95; Purina scratch
feet, hut general confidence In financial mat
ters appeurs too far re-egtnbllshed to suffer
much or long by them, nnd tin* merits of
cotton partb’ularly look Dh> strong not In
command n somewhat emancipated price
movement
Futures here steadied around 11.10 for
January, but .bulls ate holding hack, owing
to news front Now York that Intentions
ihero are toward further reaction on the
ground that too much buying had been
done In anticipation of q bullish gluners -
report, nnd that the market is in shape to
be raided. Otherwise feeling Is confidently
lull I ish. *
The spot market Is very steady. Yester
day's business has cleaned tip offerings,
which today arc quite small. Buyers arc
hampered by lower LIvertHMl futures, bur
holders nre linn nnd nsfettig full prices.
From all we‘can learn reliably, December
commitments for export are very large.
This stands to reason, os owing to inability
to tlnunce shipments much business 1ms
been delayed.
New Y«»rk, Dec. 5.—J. S. Bache A < o.:
The cotton market weakened mirier the
heavy realizing Siam after the opening on
the hank failure, and January declined t«»
jo.94, March to 11.03 and December to 11.4
xport. It Is not enough. She
I will* want ns much more from somewhere
I else. We lmvo stated In tho past that w«
believed wheat would sell nt $1.25 n bushel,
and se» no reason to ehauge our opinion.
Chicago Evening Post: Provision stocks
at Chicago December 1 did not differ much
from what was expected. The lard stock Is
about one-fourth as much as a month ago
and less than half as much as at the same
time last year. Stocks of ribs are about 40
per cent of last month, nnd total cut meats
neurlv ll.onb.ooy pounds less than at the
close of October nnd about 9,000,000 pounds
more than those of n year ago. By a vote
of 2>4 to 156 the members of the Chlcag
Board of Trade derided to amend the rules
nnd make No. 3 white onts deliverable nt a
penalty of 5**. They also adopted tho rule
defining a carload on sales for future de
livery, This makes a carload of oats l.-sw
bushels, wheat, corn, rye nnd barley l.Ow
bushels, flaxseed 650 hushes, timothy, Hun
garian millet nnd clover 36,000 pounds.
l\ A. King A Co.. Toledo, telegraphed the
following to The Evening Post: “Kansas
final report makes wheat crop <4,009,000
bushels. August guess was 70,000,000 bush
els. Last government report made It 66,0*10,-
000 bushels. Corn 145,000,000 bushel*, last
government report lR2.0n0.00O bushels. Wheat
sown shows condition of 96, year ago 93.
Acreage reduced.**
Bnftett-Fraalcr say: “Wo ran vouch for
about forty loads of red winter and spying
wheat worked yesterday, a fair portion of
which was to exporter*.” . .
William L. Gregion, well known In the
trado hero and formerly In the packing
business, will be associated hereafter with
W. P. Anderson A Co. v
Considerable December wheat Imngbt for
millers throughout the country remains !»>
be delivered. Out of yesterday's deliveries
of 1.000.000 bushels 600,000 bushels went to
Bnrtlett-Fmzior and a large proportion of
this will be shipped out ns wanted by the
mills which largely own It. One cargo. 85,.
000 bushels, of this wheat wns chartered
yesterday for shipment. The wheat sent
abroad on delivery yesterday went to the
Armour Groin Company, Bartlett-Frazler,
and Knlght-MoDougnl. Gifts
deliveries were 575,000 bushels, nnd were
mainly taken by Buekley and Wagner.
There were deliveries of 750 barrels p
but no corn, lard or ribs.
E. M. Higgins promptly denied yesterday s
rumors that he was putting out u line of
short wheat. He asserted that he had not
made a trade in wheat or anything else ou
the Chicago Board of Trade since he left
for Europe Inst February.
The provision registrar’s report of stocks
in Chica'go at close of November shows
about what the trade bad expected. The
lard stock H now alxmt one-fourth as much
ii month ago and less than half us much
nt the same time last year. Stocks of
ribs are about 4'> per rent of last month
and total cut meats nearly 11.000,000 nonnds
less than nt the eloso of October ana about
1.000,000 pound* more than those of n year
WHEAT OPENED DEE
ON BAJ(_ FAILURE
Foreign News Was Bullish
anil Prices Later
Steadied.
ST. LOUIS CASH QUOTATIONS.
Wheat—No. 2, red winter
WEATHER REPORT.
WEATHER CONDITIGNS.
The area of high pressure that was cen
tered over Kansas nnd Missouri yesterday
nmrulug has moved southeast, causing the
coldest weather of the season over the east
ern half of tho cotton belt. This morning
freezing temperature ‘extends ns far south
jim Jacksonville, Fla., and Mobile, Ain. At
Atlanta tho temperature fell to 23 degrees
early this morning. An area of low pres
sure has developed In the extreme north
west. now central in northern Montana. Its
advance is'causing higher temperaturn lu
that section and south ns far as northern
Texas. Precipitation has occurred in the
last 24 hours lu northeast Georgia ami
The advance of tho high area will cause
ntlnued fair weather In this section to-
night and Friday, with rising temperature
ul Increasing cloudiness during Friday.
TIPS FLASHED.
From Wall Street.
Special to Tho Georgian.
New Y'ork. Dee. 5.—J. S'. Bache & Co.
Americans In London strong and *4 to 1*.
higher. New Y'ork Central and Northern
Pacific both up 1%. Canadian Pacific
Southern Railway %, Union Pacific amt
Steel both off %, the only notable excep
tions.
Bank of England statement shows re
serves Increased from 42.83 per cent last
Tho violent upturn in tflil stocks was
eompanled by rumors of Home favorable de
velopments regarding Chicago, Burlington
and Quincy and Northern Pacific. Mr. Hill
Ik In Washington and Is reported to have an
engagement with President Roosevelt. This
will probably start a fresh huytug move
ment In those stock*.
The shorts In Pennsylvania wore treated
to a surprise yesterday, and the gossip this
morn I nit saya there are a few more
prises In stock today.
Reading show* over 14 per cent earnings
on common, atul this will he added to mate
rially, ns the road Is breaking records
monthly In shipments.
Look for active market and advance to
higher levels today.
The National Bank of Commerce of Kan
sas City, one of the largest hanks In the
west, will not open Its doors for business
•gulnr quarterly
commencing ami It. won't
Guggenheim declared
dlvld#*!*.! of 2*1 pci
The stampede Is
stop very quickly.
Ixjoks like Ima punishment for Pennsyl
vania short* before It Is over.
Vanderbilt lines report very heavy In
crease for October. There Is not one de
crease lu the list.
New Y’ork Financial Bureau: Bull spe
cialty work seem* to continue on the pro
gram In the stock market, and that policy
1* likely again today with specific recession*
nnd a balancing, but by groups Instead of
uniformity. One group, in other word*. I*
pushed upward under the present mnnlpu
Uttlve plnu; while uuothcr, which ha* been
active anil strong, rests, nnd still another
nwaits its turn, so that the best results
will be gained by watching for commence
ment of bullish specially group work In
staudard Issues that have boon dormant,
such a policy finding vigorous force In the
Hill stocks yesterday, thoy having been
strong but quiet for n considerable period of
time.
The true level of Northern Pacific nnd
Great Northern preferred Is higher, an we
have often said. Their trend Is still up
ward. but a reaction will be seen soon.
Unloii Pacific nnd Reading may be taken
for turns ou recessions, but wo would not
follow un.
Paul, w —
Rig shortages arc In Steel common and
preferred.
Bull tips still circulate on Brooklyn Rapid
Transit, hut caution Is desirable.
If Southern Pacific takes the 74 stock
higher levels lire likely. A rise Is lipped In
Pennsylvania.
Town Topics: While the bullish manipu
lation may be carried hoiiio further, with
•harp advnnees from time to time in Uulon
fie. Reading, hutelters and other lead-
It becomes apparent that the solo pur
pose Is the distribution of stocks. At the
same time It Is not likely that the effort*
of the hastily formed bull pools to mark up
their specialties will be encouraged. From
an Investment standpoint the purchase of
securities now 1* not warranted. In some
banking circles some Improvement Is noted,
but In tho Wall street district the strlni
Is tt Inn *
detnan
d for gold for Jaipur
n London nml foreiu
Max. Min. iBain.
kness, fol-
*Ut
Hussion government confirms report)
favorable conditions for wheat seeded iu Abilene
south. Northwestern receipts were 268 cars nmHlIo * * ' 5- ' #4
in
that Euro|H*itus do not boHc
on oui* market will hold. We agree
this view, especially as iu every line of
business endeavor the coming year Is being
anticipated as one of extremely lean prof
its. W Ith reduced dividend* Iu store for
tho majority of stocks traded In on the ex
change, we feel every confidence In the pre
diction that the general market during the
next sixty or ninety days will reach a level
lower than.any that have obtained thru far
‘ ' pm ^i>a regard tho 1%'-
ttvc stock* ns good sales on every bulge,
though until the present bullish manipula
tion conies to nn end it might be advisable
‘ Ignore fair profits.
IN EARLUTRAOING
New York Opened Fairly
Steady, at Small
Declines.
REACTION FOLLOWED.
Due to Western Rank Fail
ure—-Market Steadied
Later.
against 626 last year. Liverpool was weak
on Argentine cheap offerings.
Wheat was up %@lc. Corn gained U<?%e.
Oats were \4i%c better, and provisions
were 7%<0'l7%c higher.
CHICAGO GRAIN MARKET.
Chicago grain and provision quotation*
for today are at follows, compared with
yesterday'* close:
rrevlon*
Open. High. Low. Close. Close.
WHEAT—
Dec. .. 93%
May .. 100%
July .. 95*4
CORK-
Dec. .. 54%
May .. 56%
July .. 55%
OAT8-
Dec. .. 49% 4!
May .. 52% 51
July .. 47 3 4 4
UORK-
Jan
May ..13.12% 13,4'
LARD-
Jftn. .. 7.97%
May .. 7.95
U IBS—
Jun. .. 7.02%
May .. 7.05
95%
mU
96%
55*4
. 56%
\ 56% v
tf.65
S.i*5
92% 94%
99% 101%
?•!»
CHICAGO CAR LOTS.
some covering
the short sellers of yesterday
buying back by longs
tie break h;
___ ■ | _ (low
handsome profits on the recent I mice. The
rumor that the Giles report would be bear
ish helped the decline u little, but private
estimates have been so 01 variance-lately
tlint the rumor did nor excite Interest very
long. Undoubtedly heavy realizing right at
the opening came from the clique In charge
of the bull manipulation. The Liverpool
market did not show marked changes over
night, but the spot sales were very large
and seemed to rent *! not only foreign spin-
Ding demand, but the buying of interests
re for re-shipment to New York for rie-
orv on contract. 'Phis was not surprising
. ..ing to the difficulty of obtaining cotton
in the South 111 reasonable figures. The
market rallied Inter en manipulation of the
hull crowd. Wc favor the long side of ro|
‘ "—Rr advances before
HAYWARD, VICK & CLARK,
COTTON, 8TOCK8, BONDS, COFFEE, GRAIN AND PROVISIONS
Carondel,! and Graviar Cts., Naw Orlaana.
, MEMBERS!
OrlMB, Uatton Eirbasn. Naw ‘Orlmna Fnlnre Rrok-ra’ AaaoclatlcB,
gaw Vork Cotton EgctaanT New Or lean, anti Chicago Boarda of Trad*,
galrtitoa Cotton Bxpbtmge. New Torli Coffee F.aeUange.
■ooatou Cottoo Uxchnu?'. ' Aaaoclat* Membera Liverpool Cotton Aaa n
New York «nd Chicago Correepontleola:
d. 8, BACHE & CO., AND BARTLETT, FRAZIER 4 CARHINWON,
oniVATE WIRES TO ALL POINT#.
feed. $1.96; Purina feed, 175 pound aack*.
?, O Vrf»'— So. 2 white, 62c; No. 3 whits, 62c;
Co. 2 mixe*Y, 60c; Golden oats, 68c; white
Upped. 65e.
ME Aid— Pin in. 96-pound sacks, 77c; 48-
pnund sacks. 79c; plain, 24-pound tacks, 81c;
-crin. $1.55.
~ n AY—Tlmothv. choice large bales, $1.25;
*to . choice small bales $1.20: No. 2, $1.00;
No 2. one-third bnlea. $1.06. Bermuda. 85c.
SHORTS-Choice white, $1.80: fancy, $1.70;
brown (7= *»“^» 6 ^|Vo > N8 n .’ ^
PROVISIONS-Premlum batua, I4%e; bel
lies, 20-&23 pounds averBgc. 9%e: fat backs,
7Kc. Silver Tacaf lard, 10%o. Jewell com-
pmtnd, 8c. California hams, Ex-ribs,
$%c.
GROCE.n;Z&.
RICE—Jap, 6% cent*; head, «6?c; fancy
lend. 7tr7%e. according to the grade.
CHEESE—Fancy full crcam. 16%c; Georgia
pane svrnp. 3^c gallon; gait, J(V) pounds, 50c;
axle grease $1.75; soda crackers, 6%c pound;
iPtnon, Sc: oyster. 7c; barrel esudy. per
nonnd, 6%c; mixed, ner t pound* 6%c; toms-
toes. 2 pounds. caw; 6 pounds. $?28;
navy beans. $2.90; Limn beans. 7c; beat
matches per gross. $1.66; macaroni. *%97e
r „Mind: sordines, mnatard, $3.50 case.
SUGAR—Standard granulated $5.15; New
York refined. 474; plantation. 4*4<*.
COFFEE-Boasted, Arbucklet. $18.06; hoik
fo'hngs and barrels We; green. 11fH2e.
Shredded biscuit. *5.66 e.tse: No. t. rolled
osts. f 25 res**; sack grits, te-pound bags,
tivs^ers, f-r?r welcht. *2.25 case: pepper,
iC,; pound: linking powder. $5 c 8 *e; red
salmon, £» e ti se: pink salmon, ft.no ease:
rtv'on 45c; rhoeolste. 43%c; snuff, t-lh Jars.
4Se; roast beef. $2.86 ease; ntrsn (New Or-
-orn. 3fle gallon: *-*--*■
infs. 6%e; rone.
P ... tf.rAS4.06 case.
•tEED ME*.?.-Prime V9 r ton
per ton. $24.06; hulls per ton.
The receipts of grain In car lots today and
estimated rocelpt* for tomorrow nre as fol
Iowa:
Today. 1 Tomorrow.
LIVERPOOL GRAIN MARKET.
Wheat opened Id lower, nnd at 1:30 p. m.
was Id lower. Closed l*i5D% lower.
' 1:K p. m
wcr.
Corn opened % lower, and nt
was % lower. Closed %f|?s low
THE LIVE STOCK MARKET.
Chicago. Dee. 5.-HOGS-Receipt* 36.000.
Mnrket slow nnd steady: IlgUt. $4.60®6.10;
mixed. $4.6565.15; heavy. U.m'o.tSi rough.
14.67^4.75; pigs, $8.W@4.fid ; yorkem, $1.mt
5.06.
CATTLE—Receipts Market slow and
wenk; beeves, $3.20f(6.85; e.,ws and heifer*,
$1.15^(4.60; Texas steers, tWi:i>s; calves, $5<y:
7; Stockers aud feeder*. $3.29445.25,
8IIKU1*—Receipts 12.6*). Market weak;
natives. $L'ft4.70; Western*. $24?4.SO; yearl
ings, $3^4.25; Western Limits, $3.75fi6.20;
natives, 83.504i6.20.
THE SUGAR MARKET.
New York. Dee. 6.—Tht* refined und raw
sugar markets steady unchanged. London
beet market quiet with December am! Jan
uary l%d lower at 9s 7%ri.
NAVAL 8TORES.
Special to The Georgian.
Snvannah. Dec. 6.—’Turpentine firm, at 4S*f
45%; sales, ?75; receipts. 5si.
Rosin firm: s.ilcs. 3.661; receipts. 3,365;
wnterwhite. $6.?w; window glass, I6.&); N,
$6.10; M, $4.35: K. $LSu; I, $3.75; if, $3; G.
82.90Q3; F, $2.70443: E, $2>^j3: I», fe.85tf2.90;
C, II, A. $2.6502.99.
COTTolvi SEED OIL MARKET.
Foltowtng Is given the opening and closing
quotations of the New Y’ork cotton seed oil
ATLANTA. . . .
Augusta
Rlrmlngliuui. .
Bismarck. . . .
Boston. . . . .
Buffalo. . . .
Charleston. . .
Clmrlot re. . .* .
Chicago
cindnuaU. . .
Corpus Christ!.
Davenport. . .
Ii»rt Smith. . .
toilvestoti. ^ . .
Havre
Huron
Jacksonville. . .
Jupiter
Kutihas City. .
Key West. . .
Knoxville. . . .
Los Angeles. .
Macon
Memphis
Meridian. . . .
Ml 1ms City. . .
Mobile
Montgomery. . .
4*1 | 14'' 1 .60
York.
Norfolk.
North Platte,
(brniha. . . .
iu lest Inc. . .
Pittsburg. .
Portland. Me,
1‘ortlami, on
St. f.out«p . ,
St. Paul. .
San Franclsoi
Snvnntmh. .
. .
Tampa. . . .
Taylor. . . .
Vicksburg. .
Washington. ,
Wilmington.
34 i 24
•M . IS
84 24
16 ! T.'
MONEY AND EXCHANGE.
New York, iJee. 5.—Money tin call
4 1-2^6; time loans, 60 days, 8 to 12;
90 clays, 8 to 12; six months, 6 per
cent.
Posted Hates—Sterling exchange.
$4.81 1-24.8760, with actual business
in hankers* hill* at $4.88154(4.8625 for
demand and at $4.8025^4 4.8050 for 60-
dny hills.
Prime mercantile paper unchanged.
London—Bar silver, 28 l-16d.
New York—Bar silver, 57 3-4.
Mexican dollars, 46c.
By T. C. 3HOTWELL.
New York, Dec. 5.—The failure of th*
National Bank of Commerce of Kansas City
caused a sharp reaetlen thl* morning In
Wnll street. The failure had been expected
for the Inst three-week*, nnd the only sur
prise la regard to It was the long tune It
has managed to keep open. In the last two
week* its deposit* nave ln*en reduced from
about $35,006,000 to $20,(Ws»,ono. It Is bellei - ■!
that most of the deposits which have nuu•*<!
the trouble have been withdrawn and that
the closing of the Institution vf.l not menu
any serious trouble. The hank * failure wilt
Involve numerous country Institutions lu
that 'region.
London wit* firm lit the early trading to
day. and the New York opening was fairly
steady wt small decline*. Those stocks
Which advanced most sharply showed the
result of protU-tnklng today. Yfcbil stocks
were Weak, chiefly because of the annotmee-
nient by tlm General Electric Company that
roil hi lay off several thousand workmen
Saturday. Criticism by the Japanese
ambassador of President Roosevelt wn< not
relished by Wall street, and bear* attempted
to sell the mnrket hern use of It. The bear*
got little satisfaction, however.
Cottou was slightly higher.
Wheat was about %e a bushel lower.
After mid-day the market wns remarkably
strong, having established In prevlon* hours
perhaps tin 7 * most striking advance of the
past ten flays* Improvement. Attempts to
ell short were inneli checked by Nupporting
irders and aggressive bidding for storks.
There Is doubt that the Morgan Interest Is
behind the Improvement in the market and
‘« doing nil It can to encourage * Iwtter
we I of prices.
New York. Dee. 6.—'With tho exception of
'eiiusylvaula and Erie, which started nt
je lower, stocks that changed III Initial
transactions wen* generally higher, lirook-
yn Rapid Transit was up %. Southern tht*
ifle. Union I’aelfie. Amnlgamated nnd Met-
cun Central «<. nnd Rock Island %. Steel
preferred gained nnd lest %. Reading galu-
eil and lost ' 4 . Smefftng. Ontario nnd
Western and Hteel common were ntichnngtsl.
Sugar wn* 1 iht cent «U»wu, refleetlug the
death of II. O. Ilaveme.ver. At the end of
ten minnte*' trailing the mnrket couthmed
reactionary.
(.'losing bid* follow:
Railway Stocks.
AtehinHon
Canadian Pacific... ... ..
Chicago and Northwestern.
Colorado Southern
Denver nnd Rio Grande...
do preferred
Erie
IlllimiH Central
LouhA’lllo and Nashville...
Manhattan "L"
Mexican Central...
Missouri Pacific
New Y'ork Central..
Pennsylvania
.. 78 1-8
..152 1-2
..138
.. 211-2
.. 211-2
..126
.. 951-8
....115
.. 54 1-2
.. 98 3-4
...114 8-8
..95
... 15 5-8
... 317-S
.. 105 1-4
.. 75 1-8
... 141-4
...1191-2
THE COFFEE MARKET.
The following figures give
range and dot
market today:
January ,
February .. .
March
April
May
June
July
August .. ..
Closed steady. Sales 22,230 hags.
THE METAL MARKET.
New Y'ork. Dee. 5.—At the tnetal exchange
today business continued nt n standstill,
were somewhat easier.
WEATHER FORECAST.
Washington. Dee. 5.—Weather conditions
nnd general forecast:
The South Atlantic coast disturbance of
'ednesday morning has Increased greatly
in Intensity during the last 24 hours ami Is
tv tiff the New England coast. A strong
•a of high pressure that Is central fid*
rnlng iu Tcunnuicc nnd the east gulf
sight freezing tcniperatun
fhe
aud
Opening. ] Closing.
February
Mareh
Mev .
July
Closed steady.
i 37%'LIU ) 36 fg37%
j 33'xtf« :
14-: #l4i% • t
f 40%44W» i 4WNl%
»g. N
currwi except In California,
Nevada. Washington and Oregon.
Fair weather is probable In trie Washing
ton forecast district tonight mid Friday.
Low temperatures will continue In tho
Houth tonight aud Friday, although It will
moderate In the east gulf nnd middle At
lantic state* Friday afternoon.
Force* pt ii nt II 8 p. m. Friday
Virginia—Fair and continued cold tonight;
Friday not *n fair; not *o e*dd In the nfter-
fuin; diminishing northwesterly winds.
North f’orollna nml Mouth Carolina—Fair
nd continued cold tonight; Friday fair and
armor; light to fresh northwest to north
Winds.
Georgia—Fair and continued cold tonight.
With freezing temperatures; Friday fair nnd
; light northerly winds.
•rn Florida—Fair tonight with frost;
Friday fair aud warmer; fresh northeast to
>rrh winds.
Alabama and Mlsslsalppl—Fair and not
quite so cold tonight and Friday: frost to
night in extreme southern portion; light
variable winds.
Kentucky-Fair and warmer tonight aud
Friday.
Tennessee—Fair tonight; warmer In west
ern portion: Friday fair and warmer.
Louisiana—Fair nnd warmer tonight; Fri
day showers In southern, fair In northern
(Motion; warmer; light to treab easterly
winds on the const.
Eastern Texas—Hhowers In southern; fair
Li nor I horn portion; warmer tonight and
Friday; light io fresh east to south wfuri*
ATLANTA OIL MARKET.
The following quotations arc based ..
nml transactions: Prim#*
the
West**
ontherr
oast.
fitfe; chocolate dron*. Tttlls, !2%c: Elk.- ar "dlls, prompt, 27%*/>. Dcc-mber 2vti^' a .
sorted, ten boxes $5.50. January £*129%, February 29%&3u.
»rn portion,
j Oklahoma Fair and
day fair.
I Arkansas—
Friday,
fair lu north-
*r tonight; Fri
ll warmer tonight and
Tin wn# uncbunged.
NOVEMBER COTTON EXPORTS
CL08E TO HIGH RECORD.
New Orleans, Dee. 3.—The Times-Demo
crat says: •'Yesterday's touch of high life
gave the talent much food for reflection—
gave shorts some bitter end* to chew upon
und brought out this sober submission frdiu
lender of prominence; ‘There Ik it power
change, but while
ouslsteucy iu this
‘ “ ntest vil 11
which spec
to a sense
left the trade all
f Its responsibility ha
at aea.
"The new* that there la to he no strike
among English spinners wn* accompanied
by raports of trade activity at Mniicht**ter
nnd a big spot demand from lomcashlre.
Cis-Atlanflc developments Included an Im
proving prospect of fresh business for the
American mills account, clearing financial
skies, nnd a most encouraging outlook In
so far aa December exporta are concerned.
November exports from all ports totaled
J.240,957 bales, or only 71,000 bales below
fhe 1906 November record of 1.312.144, and
with the volume of exports for the opening
day* of December, 281,715 bale# thus far
this week, as against 181,698 for the corre
sponding period in 1968.“—Hayward, Vick A
Clark.
Rending..
Rock Island
do preferred
«t. Paul
Southern Pacific.. .. .. ..
Southern Railway.'
Union Pacific
interboro-Metto
do preferred
Great Northern
Miscellaneous.
Amalgamated Copper
American Car nnd Foundry..
American Locomotive.. ... .
American Cotton Oil 28
American Hmeltlng and Refining 75 7-J
do preferred 92
Brooklyn Rapid Transit 39 1-i
Colorado Fuel und Iron 20 3-*
International Paper 9 1-
Natlonal Lead 42 3--
Pacific Mall 23 3-
People's Gas .78
Pressed Steel Cur
Pullman Palace Car.. ..
Stoss Sheffield Hteel
Sugar
United Stales HteeJ.. *
do preferred
Western Union
Mackuy ('ompunte*
Virglnla-Curollna Chemical
do preferred.
1-2
.. 49 1-4
.. SO
.. 38 6-8
.147 1-4
. 38 1-2
.1071-4
. 271-2
. S91-2
CEORGIA RAILWAY
f.SO ELECTRIC CO.
Boston. Dec. S.—Following was tho hid
and naked price of Georgia Railway nml
Electric Company today: Bid 71; asked 75.
No market for preferred.
THE LONDON STOCK MARKET.
Amalgamated Copper ,
Anaconda
Atchison
do. preferred
Baltimore and Ohio
"hesnpHike nnd OMo .
hlcago ami Great Wt
Cuimdlnn Pacific ....
Denver Kfo Grande ....
preferred
Erie
First preferred
Second preferred . . . .
Illlnqt* Central ....
Kansas ntnl Texas . . .
do. preferred .....
Dullsville and Nashville ,
Mexican Central ....
Norfolk aud Western . , .
Northern Pacific ....
Sew York Central ....
N. Y’.. Ontario k Western
Pennsylvania j 1I4%| 112%
Philadelphia k Rending f n ** {
First preferred . . .
Second preferred . .
Rock Island ....
flout hern Pacific ....
At. Paul —. —
flout hern Railway . . . . ! ....J 13%j .
do, preferred
Union Pacific. .
United States fl
preferred .
: m SJ Wi
.! 1021»! 10214 MB
.1 ....I uCl ....
J ...J X I ....
! uni! ms us»i
»t«l . . 26*,j Kti i']>,
Atlanta National Bank
ATLANTA, GA.
C. E. CURRIER, President. H. T. INMAN, Vice-President.
GEO. R. DONOVAN, Csshier.
lAMI-P 8. FLOYD, Assistant Cnjhler.
Capital $600,000.00
Surplus and Undivided Profits $650,000.00
We Solicit Your Patronage.