Newspaper Page Text
M_BK7V~Tmr'-
14
THE ATLANTA GEORGIAN AND NEWS.
TnCRSDAV, DECEMBER 17.
BIIYII§_ HEAVILY
Takings Aggregated 18,000
Bales Thursday at 10
Points Advance.
THE FUTURES STRONG
American Markets Respond
ed and Scored Sharp
Advances Early.
New York.
Dee. II—In Hue with the
strong cable* from Urerpool, the local cot
ton market thin morning opened Arm at an
advnnce of 19 to 27 point*. Trad# wa» very
active during the first ten minute*. On the
bulge local short* covered freely, but the
uptown group of operators appeared to bo
selling and adding to It* line of abort*
The advance at Liverpool wa» attended by
bQjing by continental spluner* on the the
ory that the bureau of agriculture's limit
on the cron waa entirely too high. A good
d*al of btifllMh a pot new* slso waa received
from the Mouth. Including report* of a good
Inquiry from spinners. . _
Europe apparently doe* not regard the
recent estimate of the cron In the name
light a* the upeculatlve element In the
American market*. Hplnner* abroad are
buying cotton on an enormous scale, ap
pealing more than satisfied with rating; In
fact, the heavy taking* recently by the
Manchester spinner* clearly Indicates that
they con aider pretent price* cheat).
The American spinner will wake In the
near future. I hand.
Liverpool wnt due 6 to 9 point* up on
NEWS AND GOSSIP.
Of the Fleecy Staple.
gfuwlsi tn Til. (irarflao.
(From I In ward, Vick ft Clark.!
New York. Dec. 12. —J. 8. Bache & Co.:
Liverpool cables were doe 6 to 9 points
higher on near and 7 to * point* higher on
dlatout position*, opened irregular IS high
er on near and 14 higher on distant posi
tion*. At 12:13 p. m. w*a steady net 12 to
12% higher on near and 11% to 12% h*
on distant position*. Hpot cotton ateau,
point* higher: middling, 6.35; tale* W.000,
American 17,SdOi npeculatfon and export 1.-
600, Imports 19.600 bale*, including 12,400
American.
rot
erlng
Mitchell (Tut nuyer, n|$rit$ii* w*i num
Hents, Hntton and Parrott t*Io sold. Car
penter, Freeman nnd Hubbard bought.
Price I* out with a circular quoting a
bullish New Orleans message.
Well Bros., Montgomery, Ala., wire the
following: “New England spinner* and
Southern *pInner* are In the market for
ulck shipment for snots lu considerable
unntlty. Europe still persistent buyer.
Icnntiiuc offering* of spot* so light and
nly at aucb high figure* that business If
mall." ^
Think well of llqnldatlnc December coo-
Iraets.
Following are ll a. m. bids: December
11.67, January 10.97, March 11.10, May 11.16,
July 11.09.
Cotton higher on the lighter Houston es
timate and the buying lea by lUordan, Wil*
»n and Cone.
The demand for spots at this advance
from Europe |« almpfy tremendous. Every-
thing you offer la taken.
Edited by
Joseph B. Lively,
MARKETS
Mr. Lively’* twenty-five
|j years’ eiperlence of ed
iting markets In AtlaLtx
aud the South has made
him a recognised au
thority In h!s specialty.
Clark: Market too hot. Keeling too strong
for a reaction. Looks higher.
Taylor, Teg., wires: “The farmers* union
warehouse and upward* of 2,000 bales of
rot ton were destroyed by Are bert y ester
*iy afternoon."
Liverpool cables: “Spot sales would be
rger but for n heavy fog.”
New York aborts finding It impracticable
to settlo December shorts by tender made
of set” *•' - — *—
peef I
Ejj&M
future*, it closed 12 to 17% point* higher.
Under the Influence of the strong Liver
pool ndtlce* New York opened 18 to 27
points higher, and on good buying gained
strength as the session progressed.
Mr. J. T. Owathmey cabled the following
to Liverpool last nlgnti|^HA
**•- *— *he
owtb. As the govern
... In first place to' correct
the under-estimates of tbe past, and In
lb* second place to assure the financial
r^Mlmlstle flows as to tbe possible large-
ucs* of tbe crpp are unjustified, and while
my own estimate of the crop Is 12,000.000, I
think It Is Well to consider that the farmer
Is now in a position to dictate within com
mercial reason what price be will take for
the balance of hit crop. Foreign demand Is
cxcelleut, nnd owing to shortness of the
India. Asiatic and In fact/all other crops,
the chances art that the consumption of
American cotton abroad this season will
E rices for at least a part
e has not yet marketed
than bs has receive*! so far on this crop."
The undertdne during the afternoon
was strong, the close being cajled
“steady,” not far from the top of the
Kftlfnatod receipts Thursday
New Orleans 6.W0 to LOW
Galveston 10,000 to 12.000
Houston 7,600 to 8,000
Movement at Atlanta:
Receipts Thursday
Ban.*- day last year
lo^rcnsc
Khlpmfntn Thursday
F»nn- day last year
Increase
Ftock oil hand Thursday
Fame day last year
Decrease
1 SPOT COTTON MARKET
Liverpool, steady; middling 6.20.
Atlanta, firm; middling 11%.
New Orleans, firm; middling 11%.
New York, steady; middling 12.20.
Havannnh, firm; middling 11 616.
Augusta, steady; middling 11%.
Mobile, steady: middling 11 la-1*.
Charleston, nominal. 11 6-16.
Baltimore, steady: middling 11-*.
Wilmington, quiet: middling 11%.
Boston, steady: middling 12.20.
Memphis, steady; middling 11 11-16.
Philadelphia, steady; middling 12,45.
Houston, steady; mlddllug 11 15-16.
Norfolk, steady; middling 11%.
Galveston, firm; middling 12 2-16.
St. touts* firm; mlddllug 11%.
TODAY’S PORT RECEIPTS.
The- following table shows receipt* at the
New Orleans. •. . . .
Galveston.
Mobile.
Savannah.
Charleston .
'Wilmington
Norfolk.
New York. ......
Boston. . . . . v . .
Philadelphia
Pensacola
Port Arthur. . . . . .
Pacific coast
10.113
L1C
4,218
4,679
Total.
INTERIOR RECEIPTS.
TUe following table shows receipts at the
Interior towns today compared with the
fame day last year:
HAYWARD. VICK <1 CLARK’S
DAILY COTTON LETTER.
New Orleans, Dee. 1*.—Yesterday's reas
suring cable opinion* from Liverpool were
followed by a strong market today. Fu
tures show double the advance due, being
1* to 12 points higher. The turn-over In
spots since the first of the month amounts
to 149,600 bale*. Today's sale* -are 18,000
bales, all but 1.000 of which are American.
Rnd a cable says that sales would h*Te
tieen larger but for n heavy fog. spot*
prices are 10 points higher. First trades
here were at an advance of about J5 points.
The high opening attracted some scalpers'
selling and a little *et back followed, but
DEMAND 18 STRONGER
the Inquiry and purchase of goods br
goods division of tbe trade Is
houses and there Is a slight movement In
the fancy cotton goods trade. Tbe decline
In tbe staple yeaterduy was noted In the
better terms quoted them. Just what
future value of staple cottons Is to be
one Is willing to predict. It Is stated uy
the large sellers that their mills are In auch
good shape that It will he next to Impossi
ble to hresk the market for goods wanted
this side of the spring months. The values
on convertible lines of cottons nnd on the
low count print elotba for cnttlng-up pur
poses are aofter and the buying Is some
what stronger than at the close of last
week. The curtailment of the mills In all
parts of the country Is havlug the effect of
stimulating buying by the seconder;
factor* who are ahort of goods am
not figure on the market going any lower at
this time. In* the Jobbing trade the day
was not especially busy ns fnr as store
trade was concerned, but the orders from
the road made n good showing. In the
men's wesr market there Is better feeling
and the agents will have their men on the
road In tbe course of a few weeks. It If
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
NAME OF STOCK.
Amtl. Copper
Am. Ice BecurltliS . . .
Am. Sugar Refinery. ..
American Smelting .
Am. Locomotive . . . .
do. preferred
Am. Car Foundry. . ..
American Cotton Oil ..
Anaconda
Atchison
do. preferred
Atlantic C. Uni
Brooklyn Rapid T. . ..
Baltimore & Ohio . ..
Chesapeake & Ohio. ..
Canadian Pacific. . . ..
Chicago ft Alton. . . .
Consolidated Gas. . . .
Central Leather. . . . .
do. preferred
Colorado Fuel ft Iron .•
Corn Produce
Colorado Kontbern . ..
Delaware ft Hudson . .
Denver ft Rio Grarda .
Distillers' Securities. .
Erie
do. preferred
General Electric . . . .
Great Western
Great Northern pfd. . .
Illinois Central . . . ..
Interboro
. do. preferred
Kansas ft Texas . . • .
M
$T
£7*
%
$8
NEW YORK.
Following la the range m cotton futures In
New York today:
.
Ill
M
1
II
Dec
Jan
Keb
March. . .
&?!•;::
June. . . t
July. . . .
August. . .
114K|li.tolll.67
!l!00iU7 10.96
iu6jn.28iV.os
ii!n Vlm IxiTia
11.16 11.16 ILie
11.12 11.2811.06
10.92 10.92 10.90
1O9
11.09
11.23
1L28
11.16
U.21
10.90
11.66-70
11.09-10
11.16*17
11.22-23
11.26-26
11.27-28
11.24-26
11.22-23
10.90-96
llLte-42
10.82-83
10.15-87
10.92-93
10.94-9G
ImmS
10.91-92
20.77-82
Closed steady. .
NAME OF STOCK.
Ksn«ns ft Texas Pfd....
Louisville ft Nashville..
Missouri Pacific. . . .
Mexican Central. • . ,
New York Central. . .
Northwestern
National Lead. . • • „
Norfolk ft Western. . .
Northern Pacific. . . ..
Ontario ft Western. . .
Pennsylvania. . . • ..
Psclflc Malt
People's Gas Co.. . . .
Pressed Btssl Car. .
Reading. ...••• .
Rock Island. ......
do. preferred. . . ..
Republic Iron ft Steel..
do. preferred
Southern Pacific. • . .
Southern Railway. • ,
do. preferred. • . ..
8L Paul.
Tenn. Coal ft Iron. . .
Texas Pacific. . . . ..
Union Pacific. ......
U. 8. nubber. . . . . .
do. preferred. • • .,
U. 8. Steel. ......
do. preferred
Western Union
Wtbash. ........
do. preferred. . . •«
Wisconsin Central. . .
do. preferred. . • ••
&
30*4
« I
11 h r
gjl
14 14*4!
94% 96%;
Iasi m
39% 39%
Sg
wi
m
■m
LIVERPOOL.
Following la the opentng ranee, 2 p. m.
and close, coinpnrcd to yesterday:
Futures opened firm.
Opening _ Previous
Ranee.
Dec 6.90
Dec.-Jtn. . .6.88
Jan.-Feb. . .1.22
Feb,-March .6.92
March-April.6.94
Anrll-May ..
Msy-June . .5.21
June-Jnly . .6.96
Jnly-Aug. . .5.94
Aug.-Sept. .,6.14
Closed steady.
NEW ORLEANS.
Following la the range lu cotton futures In
New-Orleans today:
I «
II
[tjl.pl
7
u
Dec
Jan
Feb
March. . .
April. . . ,
May. . . .
June. . . .
July. . , .
11.66
11.27
ii*27
11*34
1L40
11.80ill.4t|li.t7
ll.60jll.22 1L46
lilisiVa iVii
ii'.64 iVao VV47
liiMiii.'ioliiM
li.ff ri
11.47-48)
11.46- 46
n u 1.
11.42-461
11.47- 48
1L43-61
11.62-64)
1.36-37
1.11-12
1.10-12
1.11-12
1.11-13
1.19- 20
1.20- 22
1.22-23
Closed steady.
NOTES ON GRAIN.
Pointers on Provisions.
Special to The Georgian.
(From Hayward, Vick ft Clark.) ^
Chicago, Dec. 12.—Bartlett, Frasier ft Car
not anxious to place orders and __
thought wise to force the Issue on the fall
of 190S Hue*. The goods that will bo opened
early In the new year will Include woolens,
ATLANTA MARKETS.
FRUIT AND PRODUCE.
EGGS—Active, 24%©2Rc.
LIVE POULTRY—!lens dull, 40 cents;
chickens, frlea. 22%<t30c. Ducks. Pekin. 36c
each; puddle. 80c each. Turkeys active. 16e
per bound.
DRESSED POULTBY-Turkeys, drawn.
17918c pound; fries active, 17c per pound;
hens. 16c pound; ducks, drawn, fancy, 17c
pound.
PRODUCE—Lard. 12c pound: hams active,
lie pound: shoulders active. 10911c pound;
sides active, 11c pound: butter, 18924c per
pound: beeswax active. oonnd: hone;
(bright) active. 16c pound. Italian X Chest-
out. 9c pound.
FRUITS AND NUTB-CItron. 22%c pound;
almonds, 16c ponnd; Brasil. 14e pound;
Filberts, 13%c pound; English walnuts, I2%e
lb. Pecans, 12%c lb. Figs, 6-ox. pkg. 7%o.;
12-ox. pkg. 16c. Lemon peel, *'
' "■ Lei
•kg* T
174c
emons. fancy Me*
Orange peel, I7%c lb.
sens. $3.7694.00; han*_.
Florida stock. 60c 100. Peanuts
"Hot J00 nonnda each, owing ro grane.
,98c ponnd; dried apple*, i2fM2%r: dried
Flea,
pound ^package, 7%<\
82.09
PM. jr. ,ti«. L. L. ratslna. *..vj
box. Mixed nuts, 25 nnd 60-pound boxes.
13 cents. Grades, Concord. 5-pound basket.
20c. Malaga, per keg. $4 50. Apples, New
York. 24.5096.60. Cranberries. Ill barrel, 60c
gallon. Florid* oranges. 22.7692.00; “Pet
Brand" ornnges. $3.0093.25,
VEGETABLEB-Potatoe*. per bushel. 95c;
sweet potatoes, SuffftQc. Onions. $1.10 bush,
ftnanlsn, 81.W ernte; kraut % barrel. $2.78:
Danish. l%c. Celery. 80985c a bunch; per
crate, 6 to s iloieu, &.00. Cauliflower, 109
1214c pound. Lettuce, $2.7592.60 per crate.
all news Indicates that the demand for
*imt* la by no means satisfied aud the feel
ing therefore Is getting stronger. A large
house In New York, dealing mostly for
Northern mill Interests, wires very bullish,
which Is rather significant. Northern con
sumption had been most affected by late
financial matters, but, according to this
opinion, we may now look for an Increased
demand from that quarter. After the close
of Liverpool there wo* a sharp advance to
at s large premium over January. Strong
spot news also stimulated the spot market.
K|H*t holders sec they have the situation In
bn ml, and arc making high prices. Buyers
want It.
December futures sold ns much os 31
joints over .lauttnry. The same Nqnecxo
hat Is now In December Is expected for
i he chances In cotton.
New York, Dec. 12.—J. 8. Ilachc ft Co.:
Sharp advances occurred this morning lu
Liverpool. Our market responded am! there
was some lively bidding soon after tbe
opening. The spot situation In the Kouth
ruled very strong and the foreign buying
,wns a feature. Reports were current that
the government estimate was not tn line
with the ginning figures and this had an
Influence with some Interests. It was felt
that the ginning return* represented more
truly tbe actual figures. Many who warn
bullish bought this morning. These hail
taken profits on tho announcement of the
government estimate. Many who were ls-ar-
l*h have covered upon the recent break. We
think the spot situation Is so strong that
prices will hold up. but would advise care
In buying at this level.
rlngton: Jtclleve this market Is now Inde
pendent of any foreign demand, and whllo
the bean may attempt to sell whont off
temporarily. It Is only a question of a Uttla
time when we will have higher prices.
Receipts of corn not equal to the demand.
Bad weather ts predicted. We would buy
corn on any declines. Much better demand
for oata the past few days. Recelpta not
equal to demand, and until we have larger
receipts there Is no use looking for a de-
clioo In prices.
It looks as r
There in a vei
‘ Blleve they t
Chicago Record-Herald: C. H. Thornton,
of Dnlulb. who la a recognised authority on
Northwestern crops, says: “Tbe deliveries
of spring wheat by Northwestern farmers to
Novemlier 30 on this crop total 69,000,000 bu.,
compared with 86,000,000 bu. to same date lu
1906. This latter was 62% per cent of wbat
ARGENTINA OFFERED
FREELYINLIVERPOOL
Broke That Market and Chi
cago Followed, But Re
covered Later.
ST. LOUIS CASH QUOTATIONS.
Wheat-No.
Corn—No 2
Oats—No. 2
Chicago, Dec. 12.—Wheat opened %9%e
lower on tbe disappointing Liverpool cs-
bles end the large offerings In that market
w„ delivered on the *ntlr* er#p aa rtl.i-loswf of Arfentln* wheat. There w»» *n Irani.-
h* the rear'* Hgurea of mnyement. Owing'illate rally, however. Northweat cara were
to the temporary ehnt olf In farm ilellrerlra 62*. 6* umler laat year. The Italian lira-
WEATHER REPORT.
WEATHER CONDITIONS-
southwest and has developed
considerable energy, causing genera! cloudi
ness In that section and rain In southern
Texas and Arkansas. Snow Is falling at
Buffalo and Oswego. The pressure has In*
—*->•—T*>r the states east of,the
oday the center of great-
-- --- pressure Is over the Ohio valley
near Cincinnati. The northeastern low area
Is moving off to the north Atlantic. lower
temperatures prevail over the eastern half
of the map, while at most stations between
tbe Rockies and the Mississippi It bus
grown warmer since yesterday morning.
The advance of the southwestern low
area will ctnse Increasing cloudiness In this
section today, followed by rain late tonight
and Friday; wanner.
In November. It Is probahlo that the present
fall's deliveries are not over 60 per cent of
what the total will bo. and on that basis
farmers have on hand nhont 43,000,000 bu. of
a total spring wheat crop for market of
H6.00o.000 liu., compared with a total of
162.000,000 bo. marketable crop In 1906. It
looks as though sotncliody would have to get
along without spring wheat, aa Minneapolis
nnd country mills have been and still are
running on the basis of a ysarly conatimp-
tlon of 160,000,000 bu. of spring wheat."
Official exports from the United States to
Germany tor the four months of the crop
year ended with October were 7,335,0p0Jbu.
wheat nnd flour as wheat, as compared with
4.994.000 bu. the corresponding period of
1906. Out of the total for the four months
Just psssed 6,407,000 bu. went as wheat and
626.000 bu. aa flour. Corn exports for the
four months were 3,671,000 bu„ as compared
with 2.632.000 bu. „ . _ .
.Secretary Wells, of the Iowa Grain Dial
ers’ Association, estimates the corn crop
of the state at 249.000,000 bu., as compared
. _93-8; corn was up
1.493.4c; oats gained l-49>l-2c, and
provisions were i 21® 6c better.
CHICAGO GRAIN MARKET.
WHEAT-
our months May 100
“ July .. 96
CORN-
Dec. .. 54%
May .. 64%
July .. 66%
Open. High. Low.
9i]
H HI tV,VW,VW HU,, ■■
,000 bu. last year. The oata yield
Is estimated at 39,000,000 bu. less than last
year's. The report saja that 40 per cent of
the corn Is chaffy.
Tbe world’s wheat shipments were:
Laat Prev. Last,
week. week. jre
American 6,416,000 6.000.000 4.696,
Russian ... . .I,XH.0Q0 816.000 2.240.000
Danublan ..... 176,000 #48,000
India 228.000 824,000
Argentine 448,000 224,000
Australian 440,000
Austria-Hungary. . 40.000 24.000
Chill, North Africa. 264.000 608,000
Total 9 616,000 9,344,000 12,976,000
The world * corn shipments were:
Last Prev. M
week. week. jrei
642.000 910,000 1,219.1
UATH—
American
Russian .
Danublan
Argentine
66.000 260,000
1.496.000 1,006,000
683.000 260.000 2,211,000
6,000 2.438,000 4,796,000
| Today.
Tomorrow.
Wheat 17
Corn 2(6
Oate .1 144
lings, head. .....( 21.000
11
208
191
21,000
HAYWARD, VICK & CLARK,
eOTTON, STOCKS, BOND8, COFFEE, GRAIN AND PROVISIONS.
Carondelet and Gr.vler Sts., New Orleant.
MEMBERS:
ft" Orleans Oat ton Exchange. New Orleans Future Brokers* Assoclatlea,
York Cotton Exchange,
1
Cotton Bxcban*
New Orleans nnd Chicago Boards of Trade,
New York Coffee Exchange,
age. Associate Members Lt ' ~
New York and Chicago Correspondents:
4. S. SAC HE S. CO., AND BARTLETT, FRAZIER & CARIUNOTON,
•OJVATK WIRES TO ALL POINTS.
Turnips. lHc pound. Plnridn bom., 15.M
crate.
FLOUR AND GRAIN.
FI.OPU—Hlahcit patent. M.M: hoat pat-
,nt. JS.75: utandard patent. 15.M: bMf pat-
•nt. *155: «prtn» wheat patent. 18 35.
CORN—No 5 white. TSc: choice white, Me:
tnlaeil mew), 75c; cracked corn, 100-pound
"crisrK^N FRItD—rtfty-pound eacka. If.
Purina chleck feed, 11.96; I'urlna acratch
feel, Purina feed, 173-ponnd aacka.
’'oATR—No. 2 white, 63.-: No. S white, Kc;
No. 2 qilied, 6Sc; Golden oata, «Sc; white
clipne.1. 57c.
MKAt.—Plain. 55-pound ateka, 75c; 85-
pound aacki, 75c; plain, 55-pound eacka. 50c;
^nAY-TImothr. choice lorae hate., 51.25;
do., choice .m»U hatee, 51.20; No. 2. 51.00;
No. 2. one-third baler, ft.05. Bermuda, 55c.
Pound: eerdtnee. mnetard. 55.50 ceae.
ftPOAU- Standard franulate.1 15.15; New
Vork refined, 85i:tdailtattoo. 85ic..„
CTOFFItE—Rootled. Arhnckle,. fti.N; hntk
i* ha*. *od horrele. 12e; areen. IH9t2e.
Phredded htecnlt. 35.50 r«»e: Ne. 2. rotted
cite, »25 caee; eaek frtie. Mponod ban
f>: oretere. fid: welaht. 5i3 caee; popper,
l»o pound: hnktnn powder. C ceae; red
-elmon. $5 caee: pink eelmon. II50 caee:
rocoe. 8Se; cPo«-o1ete. 8SUc: anuir. ,.|p Ian
45c; ronet heef. 32.50 eaeo: utrap (New Or-
iw.net. as- aetlon: com. *>c tnlton: noteel
33 25*150• caee: neenute. «H-: rope. 8.p|y
cotton. 2258c: eoop. 51.50*4.03 eeee.
/WTTftX Arm MP *t.—Prime per to*.
326.no; No. 2 per ton. 124.00; bulla per ton.
5ft
rANPV-Stlek. aeaorted 5He ponnd; etlef
aeeorted. Ofe pound: fancy aeaorted. pell,
eiic- socotefe drone petle. )2>cc: Ktfc, „
... t--»vee 35 50
StTORTS- Choice wMte fl.50:.fancy, 11.70;
hrown :75 ponndot. 51.50; hraa, $1.50.
PROVISIONS.
PROVISIONS—Pmilnm home. 144c; hot-
Her. 20R25 i«,nnde averejre. *Hc: fit harka.
24c. Stiver leef lard. Stic. Jewell com-
nonr.d. 5c. California hauia. tc. Kx-riba.
,,4C GROCERIES.
SSL 7 :-
K und. CH<-: mlied. twr 5 irnonda 55ar; tome
>a. 2 pounde rtto cue,-; * ronade. e.j»j
navy henna. 3100; Lima henna. 7c; beat
Matches per ,n,h ft«; macaroni. ,Ho;c from the fireplace.
WU
Dec. 60 60%
May ..63% 64%
July .. 47% 48%
FORK—
Jan. ..18.06
May ..13.16
LARD-
Jnn. .. 8.00
May .. 8.02%
KIBtf-
Jan. .. 7.00
May .. 7.20
it a P « ff
fi 9 R
I 1
1.22% 18.27% 12.22<
6.92%
CHICAGO CAR LOTS.
The receipts of grain In car lota today nnd
estimated receipt* for tomorrpw are as fol
lows:
Abilene
Amarillo. . . .
Asheville. . . .
ATLANTA. . .
Augusta
Birmingham. .
Boston. . . .
Buffalo. ....
Charleston. . . ,
Charlotte. . . .
Chicago
Cincinnati. .
Corpus Chrlsti.
Davenport . . ,
Dodge
El Faso. . . .
Fort Smith. , .
Galveston. . . .
Havre
Huron
Jacksonville. . .
Jupiter. ....
Kansas City. • ,
Key West. , .
Knoxville. . . .
I.os Angeles. . .
_ I ■■ •Miinhla. . . .
63% Meridian. . . ,
47% j Mobile. . . . .
1 Montgomery. .
Nashville. . . ,
New Orleans. .
New York. . .
Norfolk. . . .
North Platte. .
Omaha
Palestine. . ,
Pittsburg. . .
Portland, Mo.
Portland. Ore.
Itapkl City. . .
St. Louis. . . ,
St. Paul. . .
Kan Francisco.
Savannah. . .
pokane. , , .
amps. , . , ,
LIVERPOOL GRAIN MARKET.
p. in. WSi
%9H lowi
Corn «»pi
THE LIVE STOCK MARKET.
t-hteflgo, Dec. I2.-H0O8—Receipt, 21,000.
Market 15030.: higher; light. 14.65*6.15;
lulled. J4.4SB*.!*; heavy. J4.S6*6.10: rough.
*\'^?E-r!,ill^4eMlida*lLOo3. 0r Market 10c low'.
r; hcevea, 33.15tf8.t0; cow a, |1.15tf8; .Teiaa
ateera, $3*3.76; calve, 58.75*6.75; Weatcrn,
$3.P-18.75; atnekera -aud feedera, $2*4.15.
R11B11P—Recelpta 20.000. Market etrady
tu 10c towar; uauvea. $2*8-55; Western, 52*
4.50; yearllngu. $8.50*5.55; lamba. $3.75*5.2?;
Weetern, $$.S5*5.»-
TH*E SUGAR MARKET.
New Vork. Dec. 12,-The domestic re lined
augar market was atcady and unchanged.
The local raw augar market waa steady.
The l.nndon beet eugar market waa atcady
with December aud January unchanged at
fta ftd nnd 0a 5VI respectively.
NAVAL 6TORE8.
Special to The Georgian.
Savannah, Dec. 11—Turpentine llrui at
8«*o; ealea, 93; recelpta.. 559.
Hoaln Arm: aalca, 2.558; recelpta. 2.725;
water-while. $55f window glaaa, $6.20; N.
$610; M. $s.»; K. $1.75; 1. 53.75: II. $2.95*
3.00; 81 5". $236*2.07S: K. $2.9ft*S.»7H; D,
LUoHl' OTH: t' H A, $2.83*2.374.
ATLANTA OIL MARKET.
The following quolatlon* are based on »c-
mat transaetlona: PHme -crude, f. o. h.
mlllK, prompt. December 90; January, 9ft;
February, 9ft. *
CLOTHES^ CAUGHT FIRE,
CHILD BURNS TO DEATH.
irg. . .
gton. . ,
mlngtoa. .
TIPS FLASHED.
From Wall Street.
HONE WAS BETTER
Special tc
(Frt
L’lark.)
changed at 7 Per
Cent.
N. Y. WAS BETTER
Was Due On the Weakness
Exhibited For Several
Days.
be ft Co.:
_ . Pi higher.
Union Pacific Is the leader. Steel common
shows unusual strength and % higher; pre-
,e Tbe c«%S , n g .f , S& r «Jn and good buy- Discount Rate Remains Un-
Ing of the Ilarrlmnn itmiea was the feature
yesterday. The market has bad a reaction
from tho level reached last week nnd tech-
ideally It Is In n much atr$>nger position
than it I tax been since the corner was
turne$l. There was very little business
done In currency yesterday and call money
rates were decidedly reactionary In the late
afternoon. A gowi recorery for the balanco
of the week Is only reasonable to expect.
Pennsylvania and Harrlmana will probably
lead the way.
Profit-taking. In spite of the rise. Chap
man and Seaman large seller* "quietly'' of
Beading,
Atiautlc Coast Line has declared regular
semiannual dividend of 8 per cent on
common atook. The dividend Is payable In
4 per cent certificates of Indebtedness on
January 10.
Time money market Is very quiet. A lit
tle i>Mlny money has been placed nt 12 per
cent, but that appears to be tbe extent of
the market.
New York Financial Bureau: Retirement
of short* should occur on the Important . _ B uA4uibi .
announcement of Roosevelt's reiteration of By T. C. SHOTWELL.
bis previously expressed Intention not to New York, Dec. 12.—There was raurh fill-
jjecome a candidate for the office of pre*!- rnsslon lu the street this morning ansut
dent again. Pressing liquidation hna evt- President Roosevelt's declaration against a
dently run Its course In general on this re- third term. In Home quarters It Kas said r
‘ Hi I " H
the White if .
date 1h said to be Charles K. Hughe* nni
the stock mnrket Is rallying around him.
An advance lu the market was due. how-
ever, because of - the weakness that bna
been exblbltei! for several day*. A largf
short Interest has been brought out and It
hna been proved that. Investors are not
frightened out of their stocks to anyextent.
There was considerable Investment buying
yesterday. The fact that margin trading
lias been discouraged lias prevented the
building up of the weak long account. In
London a better tono was manifest and the
discount rate remain* unchanged.
Cotton advanced about $1.60 a bale In the
early trading because of stronger cables and
higher prices from Liverpool.
Wheat was lower at Chicago.
Trading on the curb market was quiet
with prices higher.
New York, Dec. 12.—The stock market
cumstnucea.
tlon, though IMP — r —„ —.
Support Is reported raised lu Amalga
mated to around 45. Further covering will
probably be found In Smelting, and It* pur
chase Is now being advised by some
bouses when weak. On recession* toward
tbe low level* of yegterday Brooklyn Rapid
Transit, according to reports received, la «
safe purchase. A hear pool Is reported
working In sugar, but we would not over
look tbe fact that It has had a sharp de
cline. Northern Pacific show* great recuper
ation. nnd with Great Northern, preferred,
and Union Pacific should recover sharply
whenever the Industrial pressure Is lifted.
Reports indicate good buying In both the
preferred and common stocks, though we
would not buy them except when soft, and
then bnt for turns In view of trade reaction
possibilities. St. Pan! will be sold on rally.
Inc again hr professionals nnd the same
may he said of New York Central, both
stocks being In demand for short accouut.
Our reports all show good buying In Read
■ There la an InsTstent bullish
Ing.
here Is an InsTstent
feeling
THE LONDON STOCK MARKET.
ABBURY, Section Director.
Special to The Georgian. %
Columbus,. Ga., Dec. 12.—The 8-
monthe-old daughter of Oscar Murray
wa* burned to death at the family
home, 6 miles • north of Phenlx CKy,
this morning. Her clothe* caught fire
WEATHER FORECAST.
WaaiiiDctou, D.,\ 12.—WFather condition»
and general forecaat:
Ttie effect of the Neer England
Wedneadaj It atilt being felt tlong the
lower lakee and In the St. tjiwrence to!
lejr, where light anew continue.. A atom
It haa cauaed aonie auow In the aouthern
Rock, Mountain region. Snow or rain ha«
fatten In the laat 28 houra in the north ,Pa
eltle coeet state, end over the plateau re-
« lon. The temperature wae lielow froealna
fedneadaj night from Georgia to New
England.
The southwestern etorrn will probahlr
canae rain tonight and Friday In the east
E lf atatea, nnd on Friday In tha Ohio ral-
r. the aonth Atlantic and the ifnulhern
portion of the middle Atiautlc atatea.
The temperature will rlee slowly.
Forecast until 5 p. in. Friday:
Virginia—Fair and colder tonight; Friday
Increasing cloudiness, with rain tn extreme
southwestern portion; light rarlnhle winds.
North Carolina and South Oarollna-Falr
tonight: t-rlday Increasing eloudlnesa and
— r f'* r .’„? r “. b * bl 7 r* 1 "-- light rariable
ids. becoming fresh aontheaaterly.
1 corgis—Partly cloudy and allghtly warm-
tonight; Friday rnln and warmer; light
variable winds, becoming fresh nathenat-
AaternFlorldn-Falr and slightly warm-
• tonight; Friday partly cloudy, probably
rain In northern portion; light to frosh
—ortbeaiterly wind*.
Weetern Florida nnd Alebams-Raln nnd
warmer tonight end Friday: freah north-
""ntheaateriy, winds.
Mtaaraalppl-Raln and warmer tonight:
J rlday rain and warmer In enateru portion;
freeh southeasterly winds,
Kentucky end Tenneeaee — Increasing
cloodtneea with rain In western portion,
tonight: warmer: Friday rain end wanner.
Icmt.lntm—ltaln tonight nnd Friday;
warmer tonight; freeh to brisk southeaster
ty winds on the.cnaat.
(Cetera Trxat-Kaln In northern; ebow-
era In aouthern portion tonight; Friday
■hewers; colder In northweet portion; freeh
to brl.h southerly winds on the roan.
Weetern Tegae-Suow lu northern; fair
In southern portion; colder tonight and Frt
Oklahoma—Rain tonight; warmer In enet.
era portion; Friday rain or enow and colder.
Arkansas—l:aln tonight end Friday; warm-
•r'tiinUkt.
Amalfmmated Copper. . .
Anaconda
Atchison
do. preferred
Baltimore ft Ohio . . .
Chesapeake ft Ohio . .
Canadian Pacific ....
Denver Rio Grande . .
do. preferred ....
Erie
First preferred ....
Second preferred . . .
Illinois Central . . .
Kansas ft Texas . . .
do. preferred . . .
IiOUisvflle ft NnshvtUe .
Mexican Central . . .
Norfolk A Western .
Northern Pacific ....
New York Central. . .
N. Y., Ontario ft Western
Pennsylvania ....
Philadelphia ft Reading .
First preferred ...
Second preferred . . , .
Rock Island ....
Southern Pacific . . .
St. Paul
Southern Railway . . .
do. preferred
Union Pacific ....
U. 8. Steel
do. preferred , . . .
Wabash
do. preferred .....
1
CIoso
93%
96%
SPECULATIVE DECLINE
DOES NOT OFFSET 8POT8.
meet the speculative decline of Tuesday,
yesterday's cotton market evidenced a more
cautious demeanor among short sellers
more willingness to pay the higher prices
for the privilege of transferring December
short Interest into January and the later
option and a more general realisation of the
apparently extreme difficulty attendant
upon every attempt to dislodge enough oi
the actual stuff to ease the position of tbs
many merchants who need real cotton bales.
Whether the average speculator has bearish
sincerity In his conviction or merely so be
cause cotton has had a few speculative
friends, matters little. The fact remains,
however, that the larger portion of the
talent has been against tho staple, and has
i*efriended It only when forced to do so by
the consistent attitude of holders and the
persistency of the relative strength en-
K mlered by tha eagernesa of buyers and
o indifference of sellers of spots. Mean-
tlve ahort who can not obtain
•pot cotton at a practical price and who !■
loath to pay the December over January
premium of 25 to 27 points for the privilege
of delaying settlement until a later day.
Tbe best Illustration of the underlying
strength of cotton Is the fact that while
futures hare shown a 'decline of half n
cent a pound under the before-bureau level,
spot* at New Orleans, after two days of
sober reflection among holders show no
quotable loss whatever.—Hayward, Vick ft
Clark.
_.20wed Improvement* of a point
sylvauln and St. Paul. Sugar was up 1%.
Southern Pacific %. Amalgamated %. ami
Great Northern preferred and Kansas aud
Texas %. Union Pacific opened 1% higher
nnd gnined In all 2%. St. Paul gained In nil
1%. Steel common opened % higher nnd
gnined In all %. Atchlaon rose 1 point at
the outset.
Closing bids follow:
Railway Stock*.
Atchlaon
Baltimore rnd‘Ohio
Canadian Pnciflc
Chicago and Northwestern.
Colorado Southern
Denver and Rio Grande...
do preferred
Erie... .. ^
Illinois Central...:... ... .
Louisville and Nashville,..
Mexican Central... ...
11 issourl Paciflp... ... ...
New York Central... .. ..
Pennsylvania
Reading.. •
Rock Island.. ... ... .
do preferred
St. Paul
Southern Pacific.. ... .. ..
Southern Railway .
Union Pacific
Interboro-Met prefd
Great Northern'
Miscellaneous.
Amalgamated Copper
American Car and Foundry
American Locomotive .. .. .
American Cotton OH
American Smelting and Refining 69 5-S
do. preferred
• Brooklyn Rapid Transit
Colorado Fuel and Iron
i\" International Paper ....
ios% National Lead .... ..
1 Pacific* Mall
Pressed Steel Car ....
81 ois-Sheffield steel . .
Sugar .. ...... .. *.
United Staten Steel ....
do. preferred
Western Union .. .. ..
.. 71 1-4
.. 813-4
..151 1-3
.... 19 5-8
.... 60
. .. 18 1-2
. ..1231-2
.. . 92 1-2
... 141-1
... 60 1-4
.... 95 1-8
...1121-8
... 91 1-8
. .. 15 3-8
.... 29
....102
.. 72 3-5
.... 13 1-8
...115 5-8
. .. 191-2
...1183-4
. .. 45 3-4
.30 .5-8
34 1-2
28 1-4
THE COFFEE MARKET.
Tho following figures gives the opening
nge and close In the New York coffee
arket today:
January
February
April
May
June
July
August
September ..
October ,, .,
November ..
December ..
38 1-4
-19 1-i
81-4
18 1-3
MONEY AND EXCHANGE.
New York, Dec. 12.—Money on call
12; tim.e loans dull; 60 and 90 days,
10fH2; air months, 8 per cent.
Posted rates: Sterling exchange,
$4.8050$) 4.8660, with actual business in
bankers’ bills at $4.2530^4.8635 for de
mand and $4.7965@4.70?5 for sixty-day
bills.
Prime mercantile paper unchanged.
London—Bar silver. 26 3-4d and Lon
don bar sliver, 65 l-2d.
Mexican dollars, 44c.
MINING STOCKS.
* 5! v
9, Mi
—Cooper pal
lty 12%, Shannon 974, Daly W<
UonsolTdated 6%. Butte CoalU.»>.
ton Consolidated 10%, Fmlt 113%.
Irregular,
eat 9, Mexican
GEORGIA RAILWAY AND
ELECTRIC COMPANY.
Boston, Dec. 12.—Following waa the I'M
.... ... . - lhray and
naked .$;
LOCAL STOCKS AND BONDS
(Revised by Illllyer Investment Co.)
Bid. Asked.
Atlanta ft* West Point»B. R... ... 155
Atlanta ft West Point deb*...^ 100
Atlanta 3%’s. coupon 92 94%
Atlanta 4’s, 1933 coupon. 99 h*
Atlanta 4%'s, 1922 coupon 102
A.. B. ft A. R. U
do. preferred 4 '
Augusta 4’s, 1935 102
Augusts Factory
Closed.steady. Aales 26,260 bags.
m
, 22$
Fourth National Rank 196
Seaboard 4’a, I960
Georgia By. 1& Electric Co....
Georgia By. ft Electric Co. »'■
South western railroad.....
Dixie Cotton 61111*
Va.-Car. Chem. preferred..,
Atlanta National Bank
ATLANTA, GA.
C. E. CURRIER, President. H. T. INMAN, Vice-President.
GEO. R. DONOVAN, Cashier. '
JAMES S. FLOYD, AstisUnt Cashier.
Capital $500,000.00
Surplus and Undivided Profits $650,000.00
We Solicit Your Patronage.
THE AUDIT COMPANY OF NEW YORK
lbt Oldest and Fore-no*: Corporation Engaged in iccotniin;
Bell Bfcone 3309 Main. 1310 Candler Building.
HARRY M. RICE Southern Mamoftf