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H THE ATLANTA GEORGIAN AND NEWS. ENGLISH MARKETS BETIER T NEWS AND GOSSIP. Of the Fleecy Stable. Weakened Later and Closed With Full Response to Our Decline. SPOT SALES HEAVY New York Opened Better, Declined Sharply, Then Advanced. Ker York. Dee. 11.—WItli the exception of December. tbe local rollon market this morning failed to reflect any of the strength shown In the market at LIverfKjol. First price* were 4 to 15 polnta higher. The featnre on the call was the heavy aelllng of all the leading option* by Interests sup posed to repreaent the aocalled Waldorf group of trader*, and wa and Immediately after the call It worked off a few polnta more. at flrat. » whether <WI . anted the aerere decline ahown In New York Tueaday. Aa a reanlt. Initial price* were aomewhat The English market !.*•?’ There aeetned to be don i t the government's estimate better than due. flat the American, bear proved e»pial to the occaalnn. and they ahot selling order* Into Liverpool, which remov ed the dm.bt In their minds and forced that center to conform with our slump, the close lielng steady 174 to 19 points lower on t tires. Spot was still In good demand, sales reaching 15,0ou bales at a decline of 14 polnta. making middling 6.20. On the opening the New York market ad vanced 16 points on the letter Liverpool than expected,! l»nt cased off Immediately after the call'on heavy aelllng by the bears and profit-taking by weak Tonga. After declining some It) to 25 points from the high level, a steadier tone developed and about half of the decline was recovered op to midday. The fact that a|sd holders In the South refuse to soil at the decline was the chief abstaining Influence. Trading during the nfternoon wna fairly active with the tom* allowing considerable prices o( the day. net 1. than Tuesday's final price*. ivement: 19d7. 1 1906. 1906. Receipts I 143.419 105,894 131.406 339.469 ! 451.732 109,784 91.254 522,251 Stocks Comparative port receipts; 190d. Haturday Monday .... Tuesday ... Wednesday 59.959 47.067 75,865 71.333 61.425 64.997 76,029 1 62.265 254.220 3.960,726 264,716 4.922,466 Estimated receipt* Thursday; 1907. New Orleans ...12.000 to 14.000 Galveston 12,000 to 15,000 Houston 12,000 to 13.000 Movement st Atlanta: Receipts Wednesday, December 11... 1906, 12,514 11.439 Same day Inst year Same dnr last year.., Bane day last year........ ... 9,546 ...17.065 ... 7,500 •POT COTTON MARKET. Liverpool, steady; middling 6.20. Atlanta, easy; middling 11 9I«. New Orleans, quiet; mlddliiig 11%. New York, sternly; middling 11.96. Savannah, steady; middling 11 1-16. Augusta, quiet; middling UV t . Mobile, steady; middling 11?*. Charleston, nominal, 11 116. Baltimore. steady; middling lift. ’Wilmington, quiet: middling 114ft. Boston, quiet; mlddllug 11.95. Memphis, steady: middling 11 7-16. Philadelphia, quiet; middling 12.20. Houston, steady; middling 11 1M6. Norfolk, steady: middling 114ft. Galveston, steady; middling 11 15-16. St. Louis, quiet; middling 114ft. TODAY’S PORT RECEIPTS. 1907. 1901 New Orleans. . • . . Galveston Mobile savannah. ...... charleston. , . . . . Wilmington Norfolk. Boston Philadelphia Various Penaacola Port Arthur 29.937 12.271 2,589 12.139 775 3,966 3.777 59 335 i‘.FH 24.748 17,796 1,969 8,520 588 2,618 5,54s 538 ”’■47 Total 71.833 62.265 INTERIOR RECEIPTS. The following table shows receipts at the Ulterior towna today compared with the •amc day last year: 1907. 1906. Houston Augusta Memphis Ht. Louis Cincinnati 12.960 2.789 V.ofci 774 15.83*1 2,753 9.726 964 928 Total. . 29.358 29.891 HAYWARD. VICK & CLARK’S DAILY COTTON LETTER New Orl.nn., Ih*,*. tl.-0.nwDd f„r mini, lu Liverpool continues on a large scale Total sale* today 15,000, FiiUire* «*ou- formed only partly to yesterday's slump on our side. — ----- Sk • - table opinion* from the best houses there are bullish. One spot house •ays: "Think bureau not bearish, although ao Interpreted. Am selling largely to spin- nert on advancing basis. Expect advanee. fWmember the price we predicted If under 32,006.006-54," Another house wired: "We have a favor •ble opinion of the market. Think present pnee* safe, even If we go teni|s>rnrliy low- or. Bureau estimate I* 420 |touud* net • nd hardly appreciated. Market in healthy but In New York the liquidation of Inrge outside long lines held by Wall street soon broke loose again and forced a decline of 14 points. This brought future* to mi ah normally large discount under spot values. There Is no good reason for spot bolder* to give up the tight on arconnt of yester day’s estimate, and o«r l»cst people believe they will after having held bravely throughout the demoral!ring period of national crisis In finances. Of course the dstense sgalusf Kouthern lnterc«u Is again In th. S uick recovery In value* or delay the Isstn. ut this crop Is undoubtedly needed In ft* full entirety. People st inlying ymtenlay’i estimate on the hasU of ecnsiis return* come to conclusion that government gpecfal to The Georgia u. iFrom Hayward, Vick Se Clark.) New York. Dec. 11.-J. 8. Bache St Co.: Liverpool was due 19 to 21 lower on near and 20 to 22 lower on late months. Opened Irregular at 11 tourer _ , near and 14 Tower late Months. At 12:15 p. m. was quiet net 134* to 14 lower on near and 124 to 134 lower on late months. Good demand for spots at 14 polnta lower: middling 6.2*1: sales 11,006, American 14,406; speculation and export l,6fn. Imports 13,000, all Amerlcau. The Liverpool market does not give a full spouse to our break yesterday. .At the same time this break was too severe not to bring a quick upturn as soon aa liquidation ceased. The selling was enormous and represented long cotton of the pool and- Its following. We t»ellere prices will show Improvement today, hut lu the long run prices will decline further. The government estimate and ginning report are safe guides to follow. wTo favor the short aide until liquidation has run Its course. There Is a lot of long cotton yet for sale and this mast be unloaded before the market can re* cover permanently. Well Bros.. Montgomery. Ala., wire the following: "Spots after the bureau were afternoon at Jltftc. about 55 points on New offer* for spots this morning. Is now from Europeun and American mills with good big short Interest by Interior buyers. Hutton continue* a good seller. Hhearaon and Liverpool hnyera of May around 10.78. WEDNESDAY, DECEMBER II. = Edited by Joseph B. Lively. MARKETS Mr. Lively’s twenty-five years’ experience of ed iting markets In Atlanta and the South has made him a recognised au thority In his specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAME 09 STOCK. Amal. Copper . . . . Am. Ice Securities , Am. Sugar Refinery. American Smelting . Am. Locomotive . . . do. preferred . . . Am. Car Foundry. . American Cotton Oil Anaconda Atchison . . . do. preferred Canadian Pacific. . Chicago & Alton. . Consolidated Gas. . Central Leather. . , do. preferred. . . ton Is a good seller of March. Ix>ea| crowd taking market away from him. The weakness in Liverpool la the cause of further break here. Our market ls rotten. No support. Big traders selling heavily. We should Improve a hit. Following are 11 a. m. bids: December 11.20, January 10.70, March 10.77, May 10.83, July 10.75. The Waldorf crowd sold on tb«v«*all and big blocks came out with market wild. Covering now by the wise ones. Advise selling on bulge*. Llverj>oo! Is a very good buyer of January. The ring has too much cotton bought from Price and Wall street this morning. Will f et out on any show of good aelllng. The ( - - --• — **■--*- ** —*—• Well Bros, have’ following cable from .Jverpool: "Manchester market buying free ly. Improved demand from spinners;'low grade continental buying orders In this market." New Orleans. Dec. 11.—HayWsrd, Vick & Clark: Futures at a fearful discount un der spots. No reason for spot holders to give In and futures must come up soon. Our best people are bullish. Good Liverpool buying came In on this last break. May do some better before Liverpool eloses, but does not look good. Hprlnca seems to have a big line of May to sell them. Market all right. Spots not giving <way Looks Spot cotton not giving wny at all. Good demand. Homo hedged. F. o. b. cotton, of course. Is selling on the decline In futures, but there Is not so much of It. New Orleans, Dec. 11.—'The Tlmes-Demo- erat says: "Agnln 'the shackled condition of bnlllshly Inclined speculators gave spec ulative price opponent* a fairly dear field, and yesterday the market declined some S7 points, whereas a much leas Important price loss would have more nearly represented the conservative view of the significance of the bureau crop estimate of 11.678,093 bales. Spot cotton did t»ot follow the de cline, and was not quotaldy lower, although local offerings, as was but natural under the circumstances, were some freer and easier. The Interior has of course not been heard from, but there Is no logical reason on which to predicate an Intelligent antici pation of nny change In the market meth od* which have been found effective In ex tracting full price from buyers, fcfcodld the country evidence no disposition to meet the decline, mid the rings persist In adher ing to yesterday’s attitude, n further en hancement In the spot cotton premium should follow promptly enough, and with It a sympathetic enhancement Tn the spot po altlon. Meanwhile receivers of the New York cotton tendered on New Orleans De cember contracts are reported to have pro tected some 865 bale*. Low-grade tinges and stains can m\t lie delivered on contracts at Liverpool nor at New York under the rules, consequently the protests tered on such cotton here nrc not sustained. New Orleans may reasonably expect to be come the dumping ground of other markets, ontlngcncy never contemplated by the ATLANTA MARKETS. FRUIT AND PRODUCE. EOOB—Active, 244fli25e. LIVE POULTRY-Heca dntl, 46 cents; rblckens, fries, 224930c. Ducks. Pekin, 15c each; puddle. SOe each. Turkeys' active! 16e ESSRD POD LT R ▼—Tn r key s. drawn 17918<* pound; fries active, 17c per pound; hens, 16c pound; ducks, drawn, fancy, 17c pound. PRODUCE—lard, 12c ponnd: hams active 16e pound: shoulder* active. 10011* pound; sides active. 11c pound; butter. 18924c per ponnd: beeswax active. S5r nound' hone* (height) active, 15c pound. Italian X Chest Ight) t. 9e nound. FRI'ITS AND NUTS—Citron, 22«*e pound; almond*. 16c pound: Brasil, 14c pound; Filberts. 13Vfte pound; English walnuts, 124c Ih. Pecans, 12\ftc lb. Figs, 6-ox. pkg. 7Ho.; 12-os. pkg. 13c. Lemon peel. 174c IK Grange peel. 174c lb. Lemon*, fnney Me* •ens. $3.7594.60; banana*. 34<* |b.; limes, Florida stock. 50c 100. Peanuts In sacka aver- *rlne 100 Hounds each, owing to grade. 649*c pound: dried apple*. 120124**: dried peaches. 14'ftc. Figs, $1.26 box. Dates. 1- nound package. 74<*. L. L. raisins. $2.06 box. Mixed nuts, 25 and 50-pound lmxes, 13 cent*. Grades. Concord. 5-pound basket. 20c. Malaga, per keg. $4.60. Apple*. New York. $4.50*f?5.5A. Cranberries. *11 barret. 50e gallon. Florida orange*. $2.7593.00; "Pet Brand" orange*. $3.0093.25. VKGETABLBb—Potatoes, per bushel, 95c; sweet imtatoea, 50990c, Onions, $1.10 bush. Hp*nl«h, *1.W crate: krau* *ft barrel. $175; Danish. H*c. Celery. R0#?86o n bunch; per crate, 6 to S doxen, $5.00. Cauliflower, 109 12*ftc pound. Lettuce, $2.2692.50 per crate. Turnips, 14c pound. Florida beans, $2.50 crate. FLOUR AND GRAIN. FLOFR-lllghest patent. $6.W; best pat ent, $5.76; standard patent. $156; half pat- added a safety allowance. Forty thousand bide* more than ln*t season umnt be ginned after December 1 to reach 11.STS,000. Includ ing repacks and llnter*. Last year cotton made way Into Deeemtwu*. TUI* year we have had general killing frusta followed by a week of heavy downpour. The *|x*t mar ket I* uulet. with buyers handicapped by the decline In future*, but spot holder* are not giving way so far. Price* only about 4 down on *ome straggling list*. Liverpool trie* to buy ample*, which have been it eg looted lately. New York. Dee. 11.—J. S. Itnche A Co.: Heavy liquidation of cotton attended the dealing* this morning. Liverpool did •end n full response to our weak no** terduy owing probably to the fact that our local position was weaker than the rent conditions, and liquidation hnd to come In this market. The long Interest undoubtedly ettortnouK. and even If the croutont estimate had been lower, the tug would have Im*cu Just a a great. It freely reported that Price and Liverpool were heavy seller* In the first hour. •»n the dip. Liver|tool emu** lu n» a him. and this served to stay the »c!lliig and bring tulcter and firmer tone after the liquhta- count was badly congested, l let Hug was needed. We look for lie* from till* level, but hr Here «•« sale on the bulge* Wfore Chrlstti fcAYWARD, VICK & CLARK, COTTON, STOCKS, BONDS, COFFEE. CRAIN AND PROVISIONS Carond.l.t and Qravl.r St«., N«w Orleans. MEMBERS: F«w Orlwna cetten Kxrh.Sf,, N,w Orleans Future Broken* Association, Now York Cotton exchange New Orleans and etileaao Boards at Trad., OalTictia Cotton niohanBo. New Tori Coffee NirEanxe. *oe«ton Cotton Etehonae, Aaoortatc Members Liverpool Cotton Ass'n Now York and Chiracs Correspondents: J.*. BACHE A C0„ AND BARTLETT, FRAZIER A CARRINGTON, . Colorado Fuel Sc Iron .• Corn Produce. . . . . . Colorado Southern . .. Delaware A Hudson . . Denver Sc Rio Grards . Distillers' Securities. Erie ...... do. preferred. General Electric . . Great Western . . . Great Northern pfd. Illinois Central . . , Interhero do. preferred , Kansas Sc Texas NAME OF STOCK. Doulsvllle &°Nss£rllW! I Missouri Pacific. . . Mexican Central. . . New York Central. . Northwestern. National Lead Norfolk Sc Western. . Northern Pacific. . • • Ontario Sc Western. . Pennsylvania. Pacific 5U11. . . . people’s Oas Co.. Pressed Steel Car. Bock Island. ...... do. preferred. . . .. Repnbllc Iron & Steel.. *do. preferred. Southern Pacific. . Southern nallway. do. preferred. . . gt. Paul. Tenn. Coal A Iron. Texas Pacific. . . . Union Pacific. . . . U. S. Rubber. . . . do. preferred. . . U. 8. Steal. . . . . do. preferred. . . Western Union. . . Wabash. . . . . • « do. preferred Wisconsin Central. . do. preferred. . • « ,1 s= Si NEW YORK. Dec.. . Jan.. . , Feb.. . , March. . April. . May. k 3 31 i o m,$|i6.55 10.85 10.8) 10.93110.651 10.98)10.71 16.90 10.90 10.92 10.65 10.83 16.82-63 |0.85iO.85-87 10.92 10.92-95: 10.94-95 ' 10.08 ; 10.97-96 16.90! 10.93-96 10.91:10.91-92 10.71110.77-82 1*71 7.7 10.80-81 16.12*85 10.81-83 10.79-80 10.C3i>8 LIVERPOOL. Following figures give the opening 1 * n. m. and close, com oared with jesti Futures opened weak. Opening Dec. 'fi.nie" 2 p. m. CIoi.'i'Ioip. 8.7»$l&.7» 8.79 5.75 5.9!^ Dm.-J.H, . .5.78(485.7. 5.79 6.75 5.9284 J«n.-F,h. . .5.55 85.52 6.82_ 6.7» 6.96 F,h.-M.rch .6.14 «6.|284 5 *384 6.7S84 5.964 .Marcb-Aprll.S.tt 86.54 6.54 6.7984 6.97(4 Anrll-M.y . .6.84848 5.8584 6.8584 8.M 5.98 Mny-June . .6.85 ©5.834 5.W 5.86 6.99 .lune-July . .5.844© 5.86 5.88 §•?§.. JUly-Aug. . .6.85 ©5.84 6.84 5.i9 5.9b4 Ang.-8ept.. .5.74 ©6.73 5.75 5.69 5.874 Closed steady. NEW ORLEANS. Following la the range In cotton futures In New Orleans today* DeeTTTTT Jan.. . Feb.. . March. April. . . . May. . . . i a l’.ii:. n.i" IS 11.11*12 il.ll'i:: 11.19-20 11.22-11 11.11-13 1AM 94 10.91-93 : ' 10.93-95 11.01-02 11.02-03 11.06-08 NOTES ON GRAIN. Pointers on Provisions. Chicago Evening Post: A. O. Slaughter & Co. received a cable from tbolr Argentine correspondent late Saturday nfternoon, say ing: "Heavy rain* In some parts of Ar gentina. V They received the following ca-‘ hie from their Argentine correspondent this morning, saying: "Weather 1* again fa vorable." Broomhnll cabled of the Liverpool market a* follows: "There was a steady tone to the wheat market at the opening. Follow ing the opening the market showed a sharp advance 6n a private report of rainy weath er In the northern district of Argentina and less pressure to sell La Plata parcel*. Price* at midday were 4©%d higher than Saturday. Corn steady and 4d lower; mar ket very dull." Government, crop report makes winter area 31,069,000 acre* and condition 91.1. This Indicates n total wheat crop of 471.000,000 hlfihols. Bye urea I* given a* 2.016,000 acre* and condition was 91.4. The nine-year av erage condition of wheat wns 92.9 and of 95.8. The report of acreage and condi- last year on December 1 was: Acre age 31.663,000, condition 94.1. Broker In provisions said: "Buying large ly by short* credited to the Cudnhys hold- r provlHlon* at some reaction from early Nik. There has been a moderate amount commission bouse selling, evidently of holdings for long account." Until there Is a radical Increase In the southern European exports—ami prices cur rent there do not Indicate any such prom ise—the world s wheat situation until about August 1 next Is left In the bands of Ar gentina nml North America, the United States holding the controlling place In tqe latter been use of Its lower prices, as com pared to the Canadian. Prices now current for corn are lOHGUVftc . . . MiP those of a yner ago. Thla Is counted rather significant In view of the higher than fact that pork I* fs.05fi3.25 per barrel, lard about le per pound and ribs about 14<&13«c per pound lower than those of n year ngo. The believers In corn, however, believe that the vast difference In the alio of the WHEAT IT THE START WAS TRACTION LOWER Due to Easier Cables and Free Selling by Pit Crowd. ST. LOUIS CA8H QUOTATIONS. Wheat—No. 2 red winter 90 Corn—No. 2 52 Oats—No. 2 494*5^0 sold freely, at the start, hot good buying ‘•y Login & Bryan rallied th* ~ - “ 4©4a lower. Northwest cars were liberal nt 036, 266 over last year. Liverpool was heavy on large Argentine offerings. The jionthwest Is snld to be selling wheat freely. Wheat gained 4c: corn wns 4©lc higher, nnd oat* gained 4w%c and provisions were up 15I&30. CHICAGO GRAIN MARKET. " SB :: m justifiable despite the changed flnnncli ent. $5.25; spring wheat patent, $6.26. C'OUN—No. 2 white, 78e; choice white, $6e: mixed (new), 76c; cracked corn, 100-pound * n rUfrKEN FF.F.D—Flftv-ponnd sacks. $V, Purina chleck feed, $1.96; Purina scratch feed, $1.95; Purina feed, 176-pound sacks. *'f>ATB—No. 2 white, 63c; No. 8 white, 62c; No. 2 mixed, 62c; Golden oats, 68c; white cllpned. 67c. MEAL—Plain. 96-pound aneks. 76c; 48- pound sacka, 78c; plain, 24-pound sacks, 10c; germ. $1.56. do., choice smau nnics. #i.zu, .vo. yi.ov, No. 2, one-third bales, $1.06. Bermuda, 85c. pound: *nri'»ne*. mustard $3.50 cssa. BUGAR—Standard granulated $S.U; New York refined. 4%; plantation. 4\o. nrk minru. i ■ , i «• . COFKRF-Bo«,tfi7. ArhnrX!,,. «««!: halt i« h.x. ,nrt b«n»U. t*P| irm. urn:,. ffhri-Mnl hliu-nlt. 55.0ft <*.»,: No. t rnllM Mil. 5X25 mm; mp5 frit*. 95-poniid ban, 5S: or.t.r., full wolfht. 52.3 MM: peppor. »• • ft”'". V Li _ T lie pound: baking powder. $5 ease; red salmon. $5 case: pink salmon. *4.50 cast; corns. 45c; cb5»col*t5». 434c: snuff, t-lb Jsra. IV: roast beef. $2.80 rase; nlrsn (New Or leans*. 9m* gallon: rorn. $0r gallon: pot sal $3,254*3.86 cose; pesnuts^Hc; rope. 4-ply cotton. KJfte: JKJP;, *\®*®4.69 esse. t^OTTON SEED 5IP* L—Prim* per ton R5.00; No. 2 per ton. $24.60; hulls per tou. •12 56 CANDT—Stick, assorted *4c ponnd; stick assorted. 6V pound: fancy assorted, palls chocolate droos. nails. «4e t kik. -t . *r>n t»oxr« $5 50. RHOR’HI—Choice white. $1.86: fancy, $1.70; brown <75 pounds). $1.60: bran. $1. OROVI9IONS. ROVtatONF—Premium b*m*. 144c; ttel lies. 20^26 pounds average. 9‘fto: f H t 74c. Silver leaf lard, 6?ftc. Jewell com- round. $c. California hams. 9c. Ex-riba, lUc. FI8H. FIFH—Bream. 2c ponnd: annpper. 9c per nound; troi’t. 94$16c pound; blue fish. 7ft9c pound: pomrano. 22’ftc pound; mackerel. JJU *u|T*»d Osh. 64t"e poun»l: fresh wstet trout. 10»* pound: mullet per barrel. $12.60. Rtrr—tan. 64 cents: head. «4k7r : fancy 7fW^e._secordln« to the evade. mRERE-Fanev full cream. 164c; Georgia cane syrup. S*c gallon; anlt. 106 pounds. 56r; arte frees- $1 75: sods crackers. «4e pound: lemon. 6o: ovater. ?c: barrel esndv. per nound 6Ho: mixed, oer 8 nonnda. <He: toma toes. f pound*. *7 66 ease; 8 ponnda. $5 *; narv b*ana. $2.90: Lima beans. 7c; best matches tier gross $l.S5r nmenronl. <4C7c PAGGVNG AND TIES. BAGGING -14 Jb., l«4e: J lb.. 114c: 54 (b.. 124c: re-rolled (second hand). ?Ue. TIES-New. IL17H bunch; ageond-hand. HTMM.7V HARDWARE. n-FT ?. IIf-CK RTF—54.9ft lift,,,. nr)i>r-U,nll«. H8*c: Bm,l Ur: fott,^ wine-Barb. SUc round PLOW STOCKB-narman, $6c; rarcusoa. AXF8-I7 per doren base. NMW-WItf, keg. t*s«e. gHORF—Herae. *4 25W4 75 keg: male ihnn POWDER—$4.56; half kegs. «L7S : 4 kegs fl M: .Dupont and RumwI smokeless, bait kegs *11.»: U $tfi $5.75; l ib, canisters. |L Uss 26 P«r cen . Irotsdorf smokeless pow. WIIEAT Def May Jnly .. UORN- Dec. .. May .. July .. OATB- Doc. .. May .. July Open. High. Low. St 9584 'I I FORK— Jan. ..12.85 May ..13.00 LARD- Jan. .. 7.834 May ..7.82V4 U1B8- Jnu. .. 6.174 S?5 53S 5274 47(4 47 M»y i.OO CHICAGO CAR LOTS. The receipts of grain In car lots today and Wheat. . . Coro. . .*. Oats Hogs, head. Today. jTomorrow. 17 28,000 LIVERPOOL GRAIN MARKET. Corn opened 4 lower, and at 1:30 p. ra. km 4 higher. Closed 4 higher. THE LIVE 8TOCK MARKET. Chicago. Dec. 11.—HOGS— Receipts 30,000. iarket 16 to 15c higher* mixed, W.26«4,75; hear Market”l6 to 15c higher; light. $4r26®4.674; *■-—$4.26634.70; romrfi. 50; yorkers, $4.K# 1141 ^.MRn.lll, Ilf $4.20€r4.36; pfgs, $3.7< 104* lower; beevea. $lsdQ<.86: cows, H.ltj 3.75; Western, $3.56Q4.90; stoclcers and feed ers, $3.65C4.$5. SHEEP—Steady. Receipts 8,000; yearlings, S .6W.K; natives, $3.75%6.80; Western mbs. $3.9696.16. COTTON SEED OIL MARKET. Following Is riven the opening aud closing quotations of the New York cotton seed ou market: ATLANTA OIL MARKET. The following quotations are based on ac tual transactions: Prime crude, f. o. b. mill*, prompt. December 2s4<23*. January 29®294, February NAVAL STORES. Special t4» The Georgian. Savannah. Dee. 11.—Turpentine firm nt 44V ^ales. receipts. OTaT •loslu firm: sales. 2,579; receipts. 2,436; terwhlfe. 86.50; window glass, pk29; N, g; M. 55.»; K, 54'»>; I. 14.75* II. fc.MBj’; ('ll 52.*: r, 52.40O2.IS: B. 52.MKM; iV. c, - B A, 52.40. THE SUQAR MARKET. Now York. I)—. II. -l>omf l,lc roSnoi! au- «•' n >*rk»t tpdar w» ,mdj and an- fbanpol. Tho local raw aaaar markot tod., w,, ntoadf. Th. tendon Wt sn#,r markot lod.y wu fttoadr with Itooombor :>id hlch- .5 «t 5. Id ud J.nuirj 141 8*1 at 5. 384d. WEATHER REPORT. WEATHER CONDiTIONB. The northeastern storm la now centered near Portland, Me., where the pressure Is 29-38 Inches. This storm is causing brisk to high winds and general snows over the Ohio valley and western New York. Snow was falling this morning nt Cincinnati, " '•ft 4UI» lliWllllllg ni Y,lllt lUUU I I, Pittsburg, Buffalo and Oswego. A second low area of considerable energy has moved In from the Pacific coast Jind fs central this morning In northern Montana. The north western high area has moved to the lower Mississippi valley aud has decreased In Intensity considerably since yesterday morn ing. Its advance has caused much colder weather over the eastern half of the map aa far south as middle Florida. At Atlanta the temperature this morning was 30 da- f rees, IS degrees lower than at the same our yesterday. Similar temperature falls have occurred along the Atlantic coast as far south as Jupiter. Fla. Heavy frost Is reported at New Orleans and light frost at Mobile and Jacksonville. The conditions favor fair weather In this section tonight find Thdrftday; somewhat warmsr during Thursday. Minimum and Maximum Temperatures and Rainfall. Max. Min. Rain. Abilene. . . , Amarillo. . . Asheville. . . ATLANTA. . Augusta. . . Birmingham. Bismarck. Boston. . , Buffalo. . . Charleston. Charlotte. . Chicago. Cincinnati. . . Corpus Christ!. Davenport. . . ♦ Dodge. . . , , El Paso. . . . Fort 8mitb. . . Galveston. . . , Havre Jacksonville. Jupiter Kansas City. . Key West. Knoxville. . . I.os Angeles. . Macon. Memphis. . Meridian. . Miles City. Nashville. . . New Orleans. New York. . Norfolk. . . North Platte. Omaha. . . . Palestine, Plitsbur; Pittsburg. . . Portland” Me. , Portland. Ore. Rf. Louts. . . , Ht. Paul. . . , Han Francisco. Havannsh. . . Hooka ne. . . . Tampa. . . . Taylor. . . . Thomasvllle. . Vlcksbnrg. . . Washington. . Wilmington. . T. indicates Vv—- Jra™ o f rain or snow. J. B. MARBURY, Section Director. WEATHER FORECAST, Washington, Dec. ll.—TUe general fore cast and weather conditions: The storm central Tuesday Is passing eastward over Maine, having caused high southerly winds and gales off the middle — E, - - TIPS FLASHED. From Wall Street. Knjl.ml rmmti. A «eonnd Atlantic and Nrw .. ^ dlttnrbnnr, kn> moved In from tn, Paolilo VT* n . , , nd !•«>»• cntril In the Rocky Mountain region. It ban thua tar cnueeil rain In all of the P*clflc coant atntca, and enow tn northern Arlnonn and northern New Mexico. , camera dlatrtcta mow hn» fallen Ohio, lower take region and rain In the middle Atlantic atatea and the New Rhgland eratca. It l» decidedly .colder enat of the Mlaala- " weather In the Waahlnrton forecaat dlatrlct will be generally fair tonight and Thursday, eieept along the lower taken nnd In northern New Tort, when* anon will probably continue. The temperature will flee In the wentem portion of the dlatriet Thuraday Preeling temperatnrea are prob* •ble tonight from Oeorgta northward. Jof-oeet until * p. m. Thnreday: Mr«lnta-.Ftlr tonight and Thuraday: con- tinned cold: frenh norlhweatcrly wlnda. North Carolina anil booth Carollna-Falr and continued cold tonight: froet near the count: Thuraday fa r; light variable wlnda. moatly northwenterly. tleorgla—Fair and continued cold tonight: front near the eoaat and in the extreme muthern portion; Thuraday fair nnd warm* er; light variable wiudt. Eastern norlda-Falr tonight and Tbora- day: light frost tonight In extreme northern winds*** *' arm * r T narwlarf light variable Western Florida. Alabama ami Mississippi -Fair and .warmer tonight; Thursday In- creating cloudiness nnd warmer; variable winds, becoming light southerly. Kentucky nnd Tennessee—Fair tonight and Thursday. I.oulslana-Valr sad warmer tonight and Thursday; light to fresh easterly winds «»n the roast. Eastern Texas—Shower* except fair In the P^lon tonight: warmer tonight ami Thursday; tight to fresh rest to south winds on the coast. weefjHi* Texas-Fair and warmer tonight; Special to The Georgian. (From Hayward, Vick A Clark.) New York. Dec. ll.-J. 8. Bache * Co.: Late London prices show a slight hardening. Many Mdvance* are shown. The declines predominate, but are only fractional. papers cabling pessimistic reports about the financial situation here. The rumors were velopments should have a turn for the bet ter. Demand for stocks In the loan crowd growing. The early session is expected to show Irregularity. Uncertainty surrounds the Western Union dlvldeud. and dullness of stocks yesterday gave no Inkling as to recommendation of executive committee. New York Financial Bureau: Monetary conditions appear to become more acute immediate future. r be hasty In buying, and only do so after reactions when stocks of the best grade arc weak. Careful Investigation of various conditions* and reports seems to Indicate approximately the following Individual points: Copper continues reactionary with support toward 44, with selliug by profes sionals on strong spots. Smelting Is being covered to some extent around 69, after its 18-point decline. Selling ou Aimrnuda Is n rallies. Brooklyn Rapid Transit Is ap et held between approximately 48 and 41. St. I’aul Is being sold both for long and short account, bearish tips being circulated. Realizing of profits has driven down both Great Northern preferred and Northern Pa cific, and they may sag lower before ttirn- . which has also been sold for profits, as being among the best purchases. Read ing should find some support around 90, ac cording to information, though the 7-polnt reaction may not be sufficient for the exten sive advance of more than 25 points. Penn sylvania Is reactionary, but has a very large shortage that will support It. The same may be said of the Steels, though professionals sell them with other Industrial stocks. Town Topics: The market has now suf fered a pretty fair reaction from Inst week’s high levels and a rally of good proportions would be only natural. Further liquidation at the moment, caused by the high money rates and maturing loans, will likely be confined for the most part to specialties nnd . among the better class of rails will probably lead to a stronger tone In that de- S artment. Later on we lot>k for a good enl lower range of prices, especially for such stocks ns Smelters. Popper, Lead, Dis tillers, Sugar, the Steels. Pennsylvania. New York Central, St. Paul nnd Missouri Pa cific. Bullish manipulation, however. Is likely to break out nt nny time In Union Pacific nnd Reading, which would cause a general short covering movement. Conse quently we believe It would be the best policy for those who have profits on the short side to accept them on any further weakness and wait for a good rally before agnln selling. Notwithstanding the heavy liquidation that has taken place In the cotton marker, we do not think It Is by any means C4>m- pleted. nnd would still sell* that commodity on all the bulges. Wheat should be bought for turns on the breaks. London sends lower prices for Americans this morning. MONEY AND EXCHANGE. New York. Dec. 11.—Money on call 6@18; time loans, nothing offered. Posted rates: Sterling exchange $4.8050Q)4.8650, with actual business in bankers’ bills at $4.8510@4.8525 for de mand and $4 / .7975(9>4.50 for sixty-day bills. Prime mercantile paper, 8 per cent. London bar sllvqr 26 l-8d. New York LOCAL STOCKS AND BONDS (Revised by Hlllyer investment Co.) Bid. Asked. Atlanta St West Point R. R 155 Atlanta * West Point debs.... 100 Atlanta 34'«. coupon 9^ 94u Atlanta 4’s, 1933 coupon 99 in«ii Atlanta 44’b. 1922 coupon 1024 A., B. A A. R. R 19 do. preferred Augusta 4’s, 1935 Augusta Factory Central Bank & Trust Corp’n. 120 Exposition Cotton Mills.... 234 195 210 105 Georgia State 44 s, coupon.... 1064 1074 Georgia R. R. Sc Banking Co.. ~* Seaboard 4’s, 1950 Georgia By. St Electric Co.... Georgia Ry, St Electric Co. 5's Seaboard Air Line do. preferred Southwestern R. R... Dixie Cotton Mills Vs.-Car. Chetn. preferred 914 10 194 THE COFFEE MARKET. The following figures gives the opening range and close In the New York coffee market today; April May June July August September .. , October .... November .. Decemlwr .. .. Opening. Closing. 5.75616.85 5.7565.85 5.8695.961 6.7E&5.80 5.954MUO r..9T»-fK05 5.95tt6.u5 6.00&6.10 6.05016. lu 6.15476.20 .... 6.1506.20 I 6. It 6.1506.20 | 6.1506.20 6.8005.85 j 5.8005.85 Closed steady. Sales 12,750 bags. ROCKMART ELECTED YOUNG MAN FOR MAYOR. Special to The Georgian. Rockmart, Ga., Dec. 11.—At the mu nicipal election held In Rockmart Sat urday, Dr. T. E. McBryde was chosen mayor, and George P. Ferguson and B. R. Morgan were elected aldermen. Dr. McBryde has the honor of being the youngest mayor Rockmart has ever elected, being only 28 years of age. STOCKS DECLINE Negotiations Regarding Li quidation Mercantile Na tional Bank Cause. LIST WAS HAMMERED Reading, Tlnion Pacific and Sugar Were the Heavy Stocks. New York. Dee. 11.—Negotiation* regard Ing the liquidation of the Mercantile x- 1 tlonnl bank caused a sharp decline In tli* . ■took market today. Investors turned their ' shares loose and speculator* began i, 8r) i’. titering the list again. The result whs tin* J withdrawal «»f support, resulting In declines * of from l to 2 points. Rending, Union p,. elfle and Sugar were tin* heavy stocks r. H ,. " per shares were remarkably strong. « orlng their delicate position, nnd It was eri <lent ‘that the Insiders were supporting Amalgamated, which broke only a point in * srength of Amalgamated wns astonishing. Cotton eontluued heavy nnd wheat wn» off. considerably. In I^tulon securities were quiet, hot the Copper shares were weak on account of the In^ metal trading. \ . . - siting 86 l-‘ ' ....149 19 3-3 .. .122 1-8 .. .. 931-t 1161-8 New York. Dee, 1L—Rltgnr refining opened 4 lower nnd lost In all 2, rallying 4. Dels- ware nnd Hudson opened 14 lower. Steel preferred nnd Atchison lost, 4. nnd Rend Ing, Steel common. Brooklyn Rapid Transit. Union Pacific, Southern Pacific, 8t. Paul and Pennsylvania opened 4 lower. Colorado Intel was unchanged. . Smelting opened 4 upland Copper wns 4 higher in the Initial Closing bids follow: Railway Stocks. Atchison 711-1 do preferred ... . Baltimore and Ohio.. . . .. . Canadian Pacific Chicago and Northwestern.. Colorado Southern Denver nnd Rio Grande.... Erie... Illinois Centra].. Louisville and Nashville.. .. Kanhattan "L" Mexican Central... ’., Missouri Pacific §i New York Central.. ....... .. 95 5-8 Pennsylvania 112 1 - 4 Reading ..MI-8 Rock !'Island]... do preferred.( .. .. St. Paul... ; ... Southern Pacific Southern Railway Union Pacific ... do preferred.. .. . K ,.. . Miscellaneous. Amalgamated Copper .. .. American Car and Foundry.. 30 3-4 American Locomotive .35 Amer. Smelt, and Refining . . .. 72 do. preferred .. ; 91 Brooklyn Rapid Transit . Colorado-Fuel and Iron . International Paper .. National Lead Pacific Mall .. .. .. ... People’s Gas Pressed Steel Car .. ... Sugar United States Steel .. do. preferred Western,,Union .. .. 63 Mackay Companies .. .. .... .. 52 Virginia-Caroliria Chemical .. .. 161-! .. .. 28 3-4 102 1-2 . ... 72 5-8 .. ..13 1-4 115 1-8 . ... 79 3-8 461-1 * 38 3-8 391-4 25 1-2 76 1-2 98 3-8 25 5-8 87 3-8 THE LONDON STOCK MARKET. Amalgamated Copper ; . . Anaconda .... Atchison .... do. preferred . . Rnltlmore & Ohio. , Chesapeake* Sc Ohio ... . Chicago Sc Orent Western Canadian rtclfle . . . Denver lllo Grande . . do. preferred .... Erie Flrat preterrertv. . . Second preferred . . . Illinois Central . . . Kansas St Texas . . . do. preferred . . . . . Louisville St Nashville.... Mexican Central . . Norfolk Sc Weatorn . Northern Pacific . , New York Central . . . N. V., Ontario & Western Pennsylvania .... Philadelphia A Heading First preferred .... Second preferred . . . Rock Island ; . Southern Pacific St Paul .... Southern Hallway do. preferred Union Pacific . 1*. S. Steel . , do. pre ferret* Wabash do. preferred MINING STOCKS. Boston, Dec. ll.-^Green Canaues. Trinity, IS: Nevada Consolidated, 8: Mext can Consolidated, 7: Daly West. 9; trait. 115: Cooper Range, 53; Arizona Commercial. Iftfc: Mohawk, ta'i; rtah Minin,. 31; •eola. 83. Market irregular. UNION SAVINGS BANK Assets $250,000.00 Commercial (checking) and Savings Deposits Solicited. Strong, Conservative and Experienced Management. Under State Supervision. ^ PER CENT /I On Savings Accounts" ■ Late Horn’s Saturdays for Savings Depositors. rong, v 4 Thnhntar fair. Oklahoma and Arklrua—Fair and wt.ra. tt tonight and Thnrada,. „ „ FRANK HAWKINS, l’mt.taat. !*. M. ATKINSON. Vlrv-Crraldcnt. THOMAS* CL ERWIN Cllhtar. JOSEPH A. U’COltD, Vk»rmMm U. W. UVEUSr AntatinsVaihtar. Third National Bank Capital .... $200,000.00 Surplus and Profits $400,000.00 J. n. NUNNALLY. J. CARROLL 1’AYNEL , E. 14. ROSSER. DAVID WOODWARD. JOSEPH A.* M’CORD.