Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, December 12, 1907, Image 14

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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