Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, December 17, 1907, Image 11
x'JtliU ATLANTA UTOritiiAM AND JNliiVYW.
2b
ITU WAS WEAK
IN EARLY SESSIOH
Estimated Receipts at the
Ports Tuesday Heaviest
of the Season.
i
4f7~
NEWS AND GOSSIP.
Of the Fleecy Staple.
A 'SHARP INCREASE
Rallied on Light Estimates
For Wednesday and Good
Demand For Spots.
was against the cotton market, chiefly '
the financial situation and tho large roeelp
Gable* from Liverpool said the hedge see
ing Uad accompanied tho drop in prices
there, hut nt the snme time laid stress In
jthe continued largs sale* In the spot article.
The Liverpool market wac indifferent
Hale* continue on n liberal scale,
g 12,000 bftles.
— . York the opening was steady,
.laundry showing n point advance; while tho
later positions were 2 to 4 points off. After
the opening prices tended downward,
though the decline was slow until the offi
cial estimate for receipts at the ports was
Issued, showing for the first time a heavy
movement—98,000, against 07,36* last year.
These figures show the record movement
for»nhy one day this season, and had the
effect of breaking priors to the lowest for
this decline.
Tli
motL
'lag decided, _____
above the closing prices of Monday, with
trade fairly active
Spot cotton is 1
tone Is somewhat easier, and slight conces
sions are noted In some markets.
Receipts overran the estimate by 7,000
l*olea,, the total reaching 102.636. .
Last year on October 23 receipts at the
ports aggregated 113.094: October t0, 116*"
and on November 20. 104,197.
Thb market held steady during the
Afternoon, the close toeing unchanged
for August; the others 7@9 points
lower.
iswr
“Tiosr*
Saturday ..,*«•<.*.e.#.,<*•
Monday
Tuesday
57,273
<b
6
,234
$
Total for three days...
Total since Sept. }
IMfl
Ii
nr
9ft.
Estimated receipts Wedne^sdyy:
New Orleans 10,000 to* 13,400
Oalrtfston 0,00*) to 11,000
Houston 18,000 to 14,000
Receipts Tuesday, December 17 1,512
Hume day last year 972
Bill pin on ts Tuesday, December 17...!!* 1,760
Name.day last year...,.., 1,800
Deeroaae 60
Stock on hand Tuesday, Dec. 17
Same day last year .....16,680
Decrease
, 6,816
•POT COTTON MARKET.
Liverpool, ea.ter; middling 4.21,
Atlanta, quleti middling fiu.
New Orleans, quiet; middling 114.
Naif York, .tend 7; middling 11.90
; middling lift.
r ,„ ‘adyf middling 11,
ldmove. nominal; ralddlldg 1166,
Wilmington, steady: middling lift.
Boston, steady: middling 11.99.
Memphis, steady; middling lift.
Philadelphia, steady: middling itis.
Houston, steady; middling U 1841 ^
Norfolk, stead/; middling 11 7-lf.
Special to The Georgian.
.. (From Hayward, Vick A Clark.)
New York. Ifec. 17.-J. 8. Bache A Co.
Liverpool.was due 7 to 8 points lower o_
near nud 6 to 6ft lower on late months.
Opened steady at 7 points decline and at
12:15 p. /m. was quiet net 6 to 7 points
S . Spot cotton In good demkiid 12
lower; middling, 6.21; sale*, 12,000*
can, 11,300; speculation and export.
1.000; imports, 67,000 bale*, including 69,ir
American. ' •
Wiel Bros., Montgomery. Ala., wire
"Jsastern mill demand rampant. European
demand good on this decline, but tiotnlug
offering, although lift wus freely offerf * *‘“
round lot* last evening.**
-The disappointed bulls now want the
secretary of agriculture to show how he
made up Ids estimate of this crop. There
their disappointment has been eJMH
variotif other ways. We think the wisest
course to pursue is to take their medlelm
bravely. The tendency of cotton prices II
downward. The business reaction is on and
being felt In all Hues commercially. We
believe Inarkot Will go lower, and even If
.... . ... .... .jpg Ir
P This is a very slow opening with mWl
tnres. May slightly below the close. Liver
iM|yndlfferent. Look for a sn * ' ‘
Illtlc liquidation, cousli
■Mig without much sup
there Is In the stock mn .
professionals seem Inclined to the short
side. Money market Is the most Important
amame.
lie
parenfiy without friends and do hot expect
much more of n decline, although not yet
ready to advance.
I The heavy movement Is attracting atten
tlon. Looks us If some people will, nave to
revise their crop Ideas,
Following nr.* 11 a.
January, 10.68;
10.91; July, 10.83.
Now Orleans,
lay dullness,
mid that cottou is Jn a strong position,
therefore they ore not hammering except
for little scalps. It's a buy on the scale
down for a good advance, after the dullness
Is over.
No hear pressure. A little uptnrn noi
bio, but do not expect much around tho
holidays. Would buy, though, all the way
down for the big advance. Think it duo
after new year. Eleven cents looks safe to
wait for. >
Llverpool-buylng and local traders short,
putting the market up. Very little outside
Mdedly limited. Bro
kers say factors* table* are better’stocked
and now offering to sell. It is ft to 3-16c
Iowor to sell. This might cause another dip
In futures, but would not operate on short
side. This Is only holiday dullness.
ATLANTA MARKETS.
FRUIT AND PRODUCE.
EGGS—Adits, Mffe
LIVE POULTUT-Heat Anil. 40 data;
chickens, frlti, 224®30e. Djteka, Pekin, Me
each; paddle, 80c each. Turkeys hull, 18c
11 DRESSED P001.TRY—Tork.yi, drawn.
17(fflSc pound; fries active, 17c per pound;
hens, lee pound; ducks, drawn, fancy, 17o
pound.
PRODUCE—Lard. 12c pound: hams active
16c pound: shoulders active, lOOlle pound;
sides active. 11c pound; bntter, 18024c
— beeswax active, 28c
active, f“
ant. .9c _nonnd.
FRUITS AND wut_
almonds, 16c pound: Brasil, ___ „
Gilberts, ISftc pound; English walnuts, 12ftc
“ - Figs, 6-os. pk^7ftc.;
„ pound
h. Pecans, 12ftc lb. *
2-ox. pkg. 15e. Lemon peal,
Orange peel, 17ft<^ lb. Lemons, fancy Mes-
win, 94.iBvi.vri bananas, 2ftc lb.; limes
Florida stock, 60c 100. Peanuts In sacks aver
aging 100 pounds each, owing *
6ft®8e pound; dried apoles, 12«f
peaches, 14ftc. Figs, Ito25 box. »/»«.-■, *.
* — % Tftc. L.. L v raisins, I2.M
TODAY'S PORT RECEIPTS,
K The following table shown r#c«lptn nt the
rtfl today, compared with tho same day
it yeat:
; Ifc?* 1 .--
6,048
164
({466
102,06
llJN
89,171
1,157
7,996
922
766
6,184
29$
5
INTERIOR REOEIPT8.
The following fable ihow, receipt* *t (he
laterler town. todiy compared with the
nal diyliifr year;
AuSnaSr
ip&'.wM
w
4.803
t.SKS
■ HAYWARD, VICK A CLARK'S
' DAILY 8T0CK LETTER.
aam* character at
« atorday. only mere ttae perhaps more
ort i.lllne anil leu Ion, liquidation. Holi
day dnllnere amt absence of apccnlatlto
support gate bear* free play. That they ilia
not tahe morn adrantago of It abowa that
the atrong altuatlou of cotlnn l» well reeof-
tiliea anh tha aetback only looked upon nan
normal occurrence, at fhli time of the
year. Opening about * down; future* re-
rotered the Tosa, aa no particular beer
preasnr# nai applied. BulU whft realised
around 114o are gradually replacing their
.ontracta. While there may be a further
dip. particularly If Sfrmay * c.n.ua figure,
thouia exceed S.fM.ijT It la ganerally
thought that pricea will not depart much
from lie for any length of time, and, that
around tbla price. It la aafe to wait for the
next upturn on renewed actlylty of huil-
jteaa and the effect of Increaeed spot de
mand after this Holiday period. Lfterpool
r j* Inclined to be ateady and apot files con
tinue large. Spot demand ii decidedly qnltt
aud restricted to staple*. Factor, table, are
better Mocked, and they ere offering cotton.
It la abont Uc lower to aell. Juat aa with
futures this I* moat likely the result of the
usual dultneia of buatnea* In raw material..
' around Chnatman and haw Year. Trading
lu futnrea aattled around opening flgures.
it bears th* complexion of a waiting mar-
T„,v n,c IT.—J. s: Riche & Co.:
etl’he opening was Indifferent. The gains
SeSS? asM
mood package, Tftc. L. L. raisins, 12.09
mi. Mixed nnts, 25.nnd GO-pound boxes,
18 cents. Grades, Concord. 6-pound basket,
20c. Malaga, per keg. $4.G A *— % *—
York, 24.60&5.50. Cranberrli
FrllS' SS&L SBSKk
VEGETABLES—Potatoes
York, ifiote’SlS. Cranberrlea. Ill'barrel. 80c
lion,. Florida oranre, 1 _ 83.7803.00; "Pet
per bushel $1.05;
tetoea. S(r<i50e. Onions, 81.10 bush.
hpanl.fi, 11.80 crate: krant H barrel. 81.78;
Danish. lHe. Celery, *00S5e a hunch; ner
crate. 8 to 8 dosen, 80.00. f'anllflower. 10©
I!84e pound. Lettuce, tJ.SMt2.G0 per crate.
Turnips, l'.Se pound. Florida henna, 83.80
crate.
FLOUR AND GRAIN.
FldltJR-Hlghest patent. W.B0; beet pat
ent, 88.78; atandard patent. 18.80: half pat-
nt £.3 aprlna wheat patent. Ii.3.
CORtf-Xo. 2 white, 77c: choice whit
mixed
“cfiJ«PF FEED—Fifty-pound sack,. Ih
Purlaa ehfeek feed. 81.95; Purina seratcb
feed, 81.96; Purina feed, 178-ponnd racks.
OATS-No, 3’white. 63e; N'o. 8 white, tJc;
No. 8 mixed. 62c; Golden oata, 68c; white
eI JSHAL-5?ialt). 96-pound sacks, 74c; ..
pound sacks, 76c; plain, 24-pound tacks, 76c;
*'nlY-inmothy. choice larje hales. 61.3;
do., eholea small bales. H.M; ho. 2. 6L00;
No. 2. ene-tblrd bales, gt.05. Rermuda, 68c.
^-TTON SEED MBAI^Prlm. per ton.
'! No. 3 per ton, 834.00; hulls per ton,
* l CANDI—Stick, naaorted 6Ue pound; stick
aeaorted, IKe pound: fancy anorted,, Mil*
euc; chocolate drop;, palla, 12',4c; Elk, aa
•neted. ten boxea 3.60.
snORTS-Cholee white, 81.3; fancy, 81,78:
brown tf5 pounds), $1.60.
PROVISIONS.
PROVISIONS—Premlom hama, lie: l.el-
llea. 201)23 ponnd* ayerage, »e: fat backs,
Viir. Sliver lent lard, 074c. Jewell com-
pound, tc. California hams, 9c. Ei ribe,
l)4c.
GROCERIES.
RICE-Jap. 681 cents; head, 6ik7e; fancy
?ft,^F;S?,1i?fcr t faS*,JG?S„ a ta
cant syrup, 8Se eallen; salt, 100 pounda, 60e;
axle grease, ILTS; aode crackers, C84c penadj
lemon. Ic: oyster. 7e; barrel candy, per
iwnnd, 684c: mixed, per 6 iiounde. IHc: tome,
{fee. I pounds. 6100 ciec; 6 pounTe. $2.3;
Svy btani. 83*0; Lima beans, 7e; beat
B .tehee per grots 11.66; meeeronl, 4!407e
-ToW'MTrATbl New
Y COFFEE-RotVted*Arbu°^lei.'‘tl4.M: bnlk
'"sSjeVeSV^^M^^Iled
cite. Its ceae; tack grlra, 16-poond bags
W: oyateni. full weight, *13 cnee: pepper,
lie pound: baking powder. 18 -sac; red
lalmon. 3 eaie: plnk Mltaon._l4.60 cage;
rocon, 48e; ebneotete. 4384c: enuff, Mb jore.
(Set roast beef. 82.*) caee: ulrap (New Or-
leane). »c gatlen: corn. 80-,gallon: petes)
82.3S©t60 cate; ™P». 4-ply
eotton, 2284^;^ ~
61.1784 bunch: second-hand,
I4.3C4.7S.
Edited by
Joseph B. Lively.
Mr. Lively's twenty-five
years' experience of ed
iting markets in Atlaieta
and tbe South hat made
blm a recognized au
thority in his specialty.
RANGE OF NEW, YORK STOCKS AND COTTON MARKETS
NAME OF STOCK.
Am. Ice f
Ain. Sugar lleflncvy.
American Smelting . ,
Am. Locomotive . . .
‘ preferred . , . .
Car Pot'sdry. . .
American Cotton Oil ,
Anaconda . . . ,
Atchison . . . . 4 .
Baltimore k Ohio . . .
Chesapeake* Sc Ohio. . •
Canadian Pacific
Chicago & Alton. . . .
Conaolldnted Gas. . . .
Central Leather
do. preferred
Colorado Fuel & Iro* . -
Corn Produce
Colorado Southern . ..
Delaware A Hudson . .
Denver A Jtlo Grande .
Distillers' Securities. .
do. preferred*. * *. ! !.
General Electrid . . , .
Great Western
Great Northern pfd. . .
Illinois Central . . . ..
Interboro , .
do. preferred
Kansas & Texas ....
19ft 19ft
ml
i*$4
ait
j^tsi stock sales today, 623,366 s&aro*.
NAME OF STOCK.
.MlRRonrl Paciflc. _ _
Mexican Central, i . .
.Vow York Central. . ,
Northwestern. . • * . ,
National l.end. . . .
Norfolk & Western. ...
Northern Padflo. . . .
Ontario & Western. . .
Pennsylvania. . . . .,
Pacific Mail. . . . .
People's Gas Co.. . .
Pressed Steel Car. . .
Reading
Rock Island.
Southern Padflo. .
Southern Railway. ,
do. preferred. . .
St. Paul.
Tenn. Coal & Iron.
Texas Pacific. . . .
Union Pacific. . . •
U. 8. Rubber. . . *
do. preferred. . .
U. S. Steel. . .'. .
do. preferred. • .
Western Union. . ♦
Wabash. ......
do. preferred. , .
Wisconsin Coutral. ,
do.'preferred. . .
114ft 114ft
i
ss
s}“
4
Si*
NEW, STORK.
Dec.. .
Jan.. .
'Feb.. .
March.
Anrll. .
May. .
June. .
July. .
Augnst,
Closed steady.
11.32]ti39|ll.-8
19.W10.WL
10.6610.85 10.86
10.64 10.90 10.77
iO.imlo.60^10.60
10.67-69
ii
10.83-84
S8fl
TOTil
10.90-92
1 ft. >6-87
10.00-62
LIVERPOOL.
Following la the opening range, 2 p. in.
and dose, compared with yesterday:
Futures opened easier. .
Opening \ Preylout
/ Range. 2 p. m. Close. Close.
Dec 6.80 476.79 6.79 6.80ft 5.86ft
Pec.-Jan. . .6.78ft? 5.80 6.80 6.80ft 6.66ft
Jan.-Feb. . .6.80 to5.80ft 6.81 6.82 5.S7
Feb.-March .C.80ft$.... 6.80ft 6.82ft 5.67ft
March-Aprll.5.81
ApriPMiy. .6.82
May-Juno . .6.82
June-July . .5.82
Tuly-Aug. . .5.79
iug.-gppr. ..6.70
NEW ORLEANS.
Following la the range In cotton futures la
New Orleans today:
isrr
Jan.• ,
Feb.. .
Mardi.
M P ay!' :
June. .
July. .
closed
'*3 m
.111.03
steady.
11.1010.9610.96
ii?07 ib!wlif>!w
iiloT io!w iaw
ii!» i*o‘.B7 io!6i
mm
10.96- 97
I".:--. M
to.94 m
10.94- 95
10.94- 96
10.96- 96
10.97- 98
u
11. K.
11.06 ■
1LM-06
!L»d4
11.04-06
11.1.1 K
11.07-09
NOTES ON GRAIN.
Pointers on Provisions.
Special to The Georgian,
(From Haywood, Vick & Clark.)
Chicago, Dec. 17.—Bartlett, Frazier &
Carrington; The market appears to
have a good, Arm undertone, and we
believe will result In higher prices.
Receipts of corn are moderate. East
ern demand Is extremely good, and sup
plies are not large enough to supply the
domestic demand.
Receipts of oats are larger, but ap
parently are all wanted.
Chicago Record-Herald: Increasing ag
gressiveness on tho part of the bull Inter
ests In wheat and Increasing nervousness
on the part of shorts wn* apparent during
yesterday's spurt of activity nnd strength
in the Inst half hour of tho session. The
bull Interest was Inclined to anticipate n
more favorable condition of financial af
fairs following the opening of the new
year. The fact that America Is now ship
ping between two-thirds and three-fourths
of the total world's supply of wheat weekly
Indicates a probable, reduction of domestic
stocks to proportions tknt will be not at stl
burdensome. The present dullness of the
flour nnd milling trade Is counted a natural
incident of this soason of the year. There
Is n steady though small demand for cash
Wheat here for interior mills, which find
his market thrf cheapest available. Local
bulls are predicting that cash No. 2 rod
winter wheat will sell at May delivery price
here before February 1.
Duluth export houses that are In touch
with foreign buyers of wheat innkn the
thnt Argentine exporters have nl-
* mu/ nobl about 40,000,000 bushels of wheat
abroad nnd that they have been quoting
low prices on it in order to Influence the
price of tho new crop, which will soon be
ready to move. It Is claimed that the sales
to Europe are short sales nud that In tho
event of accldont to the Argentine crop
there will bo lively scrambling to fill these
contracts.
John Washburn, of the Washburn-Crosby
Company, believes that the Northwest has
WHEAT IT OPENING
A FRACTION LOWER
Started Upward Later, Scor
ing Sharp Gain—Com
and Oats Higher. '
8T. LOUIS CA8H QUOTATIONS.
Wheat—No. 2 red winter......
Corn—No. f
Oats—No. 2
Chicago, Dec. 17.—Wheat opene
lowers on the disappointing cable*
bearish Russian report. , As Brooi
WEATHER REPORT.
WEATHER CONDITIONS.
The pressure has Increased rapidly over
the Great Lakes and the northeast, nnd to
day the western border of the storm area
is passing out over New England. A sec
ond low urea Is over Texas, having moved
southeast since yesterday morning. The
northwest Is under the Influence of an ami
of high pressure central over Montana. Ac
companying this high area are lower tem
peratures aud snows. Snow was falling this
morning at Dodge. Kan.. Kansas City, Mo.,
Omaha, nnd North Platte, Nebr., S't. Paul,
Minn., Bismarck, X. D., Buffalo nnd Os
wego, N. Y„ Portland, Me., anil Portland,
Ore. Cloudy weather covers nearly the en
tire map, hut there has been very little pre
cipitation In the-Bouth. •
The ndvnuco of tbe southwestern low area
will enuse cloudy weather und probably
rain In this section tonight nnd Wednes
day; somewhat warmer tonight.
II room hn 11 es
i at 128.000.000,
tlmates tho Argefitlue surplus
the foreign crop suramsry Is i .... ,
ble. Budapest was up ft on the cold, dry
weather in Hungary.
Wheat rained 2 1-802 l-2e, corn was
up 1 1-2^3 l-8c, oats were 3-8®)l l-8c
higher and provisions were 71-2@l0c
better.
CHICAGO GRAIN MARKET.
Following are the Chicago grain and pro
visions quotations for today, comparod with
yesterday's close:
Previous
Open. High. Low. Close. Close.
•VI! RAT- ^
Bay 1MJ4
July .. 96ft
CORN-
.88 >8* 2®*
99ft 96ft, 99
102%
Dec.
May
July
Er£&' jr’^ara?
by Mitch*
the tradsi. —--
Inc prices up about 16, to 22 points from the
low level.
Liverpool was a buyer on the advance,
although cables were pessimistic. The
movement becomes noticeably larger. This
looks as If tbe planter and farmer Is letting
K bls reserve line*. The South Is face to
re with a business recession, as Is also
tbe North end West. We can not see hdw
It Is possible for the farming Interests to
hold up against this. If the reserves come
to msntet daring the winter tbe prices of
cotton must Inevitably decline. The gin-
•port, we bclleTe,* wilt be bearish.
t HAYWARD, VICK & CLARK,
1 COTTON, STOCK8, BONDS, COFFEE, GRAIN AND PROVISIONS,
Carondelet and Gravler Sts., New Orleans.
M5MBER6:
HiSSSTcStti? 1 cZSitS: - o*f
Kona ten coitoa L-xcaa ^ yflfk tBfl CWetgo rorre.pond.nU:
J. •. BACHE & CO. AND BARTLETT, FRAZIER & CARRIfiBTON,
VOIVATB WIRES TO ALL POINTS,
less In country elevators now than there
wns at this tirao a year ago.
George M. LeGouut cabled from Villa
Mnlrs, Cordova District, Argentina, to Fin
ley Barrell: “Wheat 1* In splendid condi
tion and yvhl make a full crop. Everywhere
the wheat Is looking floe and It Is expected
that It will be better quality than last
year. Weather condition* favorable."
** »tou wired: “We do not think
realizes how small the New Engl
demand Is for corn and oats. We look ...
the consumption here this winter to be
greatly restricted on account of the general
business situation.'*
Lyle, of New York, wires: "I can’t con
strue any Argentine nows as bearish, as the
best she can do will only meet expectations.
Any blemish will be ImUlsh. Time enough
to have damage. End of harvest a month
off." ' ‘
The e
bushels
constituting the export business of the
tire country for that day—was offering the
same f4>r sale at fte profit over Friday's
sacrifice price. That price wss lfte below
May, ns compared with 7c over it a short
time since.
SPRING SALES WITH JOBBERS
IS 8TEADILY INCREASING.
expressed satisfaction at the arrival of.real
winter weather on Saturday, it Is the one
thing that retailers In all lines want—to ac
celerate the movement of their winter goods,
nnd to produce ready cash. With the re
tailers relieved the way will be mado clear
for tbo cutters and jobbers to go l>efore the
trade ami get a normal .volumo of spring
business. As mntters stand at present the
engagements for the spring aro not ns
lias been forced on them slnco the latter
part of October. Tho first band factory
have their orders for spring in hand, aod
OATtf-
Pec. ....
May .. 64
July .. 477s
FORK—
Jun. ..12.75
May ..13.30
LARD-
Jau. .. 7.82ft
May .. 7.92ft
RIBS—
Jan. .. 6.82ft
May .. 7.12ft
1
5wJ
S3
m
58ft
64ft
48ft
12.60 12.67ft
13.00 13.12ft
7.72ft 7.75
7.77ft 7.82ft
6.72ft 6.77ft
7.97ft 7.05
m
18*
CHICAGO CAR LOTS.
Today. J Tomorrow.
Wheat
Corn
Oats ,
Hogs, head. . . .
THE LIVE STOCK MARKET.
Chicago, Dec. 17.—HOGS—Receipts 17.000.
narket steady: mlxcil hoes, $4.?5ft4.fl6;
teavv. $4.3004.85; rough. 84.JO04.45; pigs
3.?5u6.40: yorkers, 14.6504.76.
CATTLE—Receipts 4.0W. Market slow at
yesterday's price*;,cows nnd heifers. $1,100
4.60: lM»eve« $2.1006; Texas. $3.80: calve*,
$4.7506.75; Western, $3.1004.70; stockers and
feeders. $2.2004.15.
flIIKKP—Receipts 12.000. Market slow and
Steady; native*. $204.60; Westerns, $204.66;
yearlings, $4.5005.25; lambs, $3.T6fi6.30;
Western, $3.7506.25.
LIVERPOOL GRAIN MARKET.
Wheat opened ft higher, and nt 1:30 p. m.
ran ft higher. Closed unchanged.
COTTON SEED OIL MARKET.
i New York cotton seed oil
Opening. Closing.
represent the first needs only of the buyers.
The season has only to l>e of average suc
cess to place the above classes of goods at
high flgures. as there will bo practically no
surplus stock to draw from nt first band.
The spring sales with Jobbers are increas
ing steadily and as the retailers work free
of thelr/wfnter stocks, they are counted on
for coining In with prompt repeat orders
for the lightweight season. Tne value of
cotton yarns is being worked up gradtially
nnd there are selling agent* aud eomnilssldn
houses that report putt tog through fair
sized orders for knlrtl/ig yarns for spring
delivery. The unset tied condition or the
■RMHHHbiHMRPIP
medium to high-grade fabrics will not take
ptaco. It U declared, until after the middle
of January. The entting-up trade and the
cloth Jobbera do not appear to be anxious
to see tha new goods ami sellers are taking
tbe view that to force the opening of dress
* for next fall would deprive them of
last chance to get the advances they
ere entitled to. The curtailment of the
Southern rntton mill* is under full awing
aud the effect on the general market for
finished goods and goods In the gray Is
stimulating^' * v a* v .c t v ..
December. ..... .1 38 038ft
January. 8814039
February. ....... 38ft039
March 39 039ft
jiily, - ; ,• :i iiiiw" ,...
Closed easy. Hole*. 2,3)0 barrels.
ATLANTA OIL MARKET.
The following quotations are based on
actual transactions: Prime crude, f. o. b.
*™ ,,i , " nn,rT '
'naval STORE9,
Special to The Georgian.
Bavannah. Dec. L.— 1 Turpentine firm at
43ft043ft; sales. 390; receipts, 970.
Itosln firm: aales. 1 JQt; receipts. f,*20;
waterwblte. $6.59; window glass. ^21; N.
$6.10; M, $6.28Tk, $4.75; I. fe.80; IL $3,150
ZZTtVlt" ™ ™ F - ^
Abilene. ,
Amarillo. .
Asheville.
Buffalo
t'hurlcaton. . .
rimrlotte. . .
fill co go
Glnclnmitl. . . .
Corpus GlirUtl. .
Davenport. . . ,
Dodge
Fort Hmlth. . .
Gnlvcstou. . .
Huron
JncksonvUlc. . .
Jupitor
Knn*as City. .
Key West. . . ,
Knoxville. . .
I.oh Angeles. . .
Macon
Memphis. . . .
.Meridian. . . .
Mobile
Montgomery. .
Xutdivlllo. . . ,
Ndw nr leans. .
New York. . •
Norfolk. . . ,
North Platte. .
Omaha. . . .
I'alcHtlnc. . , ,
Pittsburg. . .
Portland, Me. ,
Portland, Ore. ,
Rapid City. . .
ML-Louis. .. . ,
St. Paul. . . .
San Francisco. ,
avnunnb. , . •
Vpokane. . . ,
Tampa. , .
Taylor. ....
Tbomasvllle.
Vlcksburj
\ Icksburg. . .
Washington. .
Wilmington. . MM
T, Indicates trace of ruin or snow.
TIPS FLASHED.
From Wall Street.
Special to Tbe Georgian,
(From Hayward, Vick & Clark.)
New York, Dec. 17.—J. S. Bache &
Co.: American atocka in London 1-4 to
1-2 above parity. London general mar
ket heavy and lower. Market unfavor
ably affected by continued gold en
gagements for America.
Bankers consider return of hoarded
money to Now York has begun and will
increase In volume. January disburse
ments expected to keep call money
rates higher for balance of year.
Structural Ateei mills at BufTAlo re
sumed operation* and other* expected
to open.
London Times comments on the bat
tleships* departure for Pacific.
Stock market Irregular. While there
la pressure upon several of the active
stocks, there 1* covering In others, no
tably In Smelter*. Steel stocks again
holding well.
The short Interest ha* covered so
largely In last few day* that there I*
very little buying from that source.
Borrowing demand for stocks yester
day and today has diminished consider
ably.
Director* of Now York Airbrake Company
arc scheduled to meet tomorrow, when It Is
expected* they trill order a radical reduction
In dividend disbursements, If they do not
decide to pass the dividend altogether. It
.Is »»ld that owing to existing fluanclnl con-
dltlons the company t had experienced a
great deal of difficulty In making collec
tions, pin! consequently hnd not It* usual
amount of fund* available for disbursement
to shareholders.
Do not aoo any good In- stocks and expect
to boo prices quite n little lower. (Jan not
advise purchases until the money market
changes.
Financial Bureau: Irregfllarity seems
likely to continue for a time tn the stock
market, with stock met on rallies and sup
port found on declines In the unliquidated
and llquldateil Ibucs respectively. The best
plan, under tbe circumstances, seems to u«
to be to buy the standard rail* whon weak
and sell the Industrials when strong, In
both cases for moderate profits.
While some support is notod in Amalga
mated around 43, reduced from 44, more
liquidation Is rumored and professional*
would hammer If It overwhelm* the olosln,
buying orders. Professionals still sol
Amalgamated on firm spots since the rt
fusal to support. Atchison support Is at 70
and 67066, according to onr reports. Brook
lyn Rapid Transit finds some support near
37. Covering occurs for somo reason In St.
Paul nround 100, but the room I* still bear
ish on this stock. New liquidation broke
out In Distiller* and Will have to run Its
course. Great Northern and Northern Pa
ciflc are both supported around 1130114, but
we would buy them on a conservative scale.
Exactly the same remarks apply to Union
Pacific, which Is well taken on weakness.
Reading support at present Is around 88089,
hut If broken on the coal road artlclo In the.
Hun professional* would sell for s further
moderate drop. This stock Is urged a* a
purchase by hlgh-grado houses, nowever.
More liquidation Is reported pending In
l.end. New Ytwk Central nnd Sugar aro
still sold on rallies by uptown heurs. A
Pennsylvania, which has s large shortage.
The Hteels are Inert, moving with the mar
ket. Houthern Pacific Is supoprted around
GEORGIA RAILWAY
AND ELECTRIC CO.
Boston, Dec, 17.—Following was the bid
nnd asked price of Georgia Railway and
W . nikedf 77;
MINING 8T0CK3.
uuiid oi, u I ii ii jiiiiiuk *171. imouiie J". .«i
hawk 42ft. Tho market opened Irregular.
THE COFFEE MARKET.
Tbe following figures gives the opening
STOCKS IN L(
STARTEff HIGHER
Had But Little Influence on
the Prices in New
York.
OPENED AT DECLINES
As Session Progressed a
Better Tone Developed.
Market Went Up.
New York, Dec. 17.—The stock market
opened generally lower with the greater
declines in Reading, which opened down, ft
and lost 1ft, und Amalgamated, which open
ed ft down. fit. Paul started ft blgner.
Anaconda gained % and reacted ft. Brook
lyn Rapid Transit opened ft higher. North
ern Pacific opened ft higher and declined 1
per r“-* '•»»-- -*■ ««■•>* —*——-
Iar.
cent. T&o market nt 111:20 wn< Irrog::-
Clo.lng bid. follow:
Railway Stocks.
Atchlaon 70
do, preferred 80
Baltimore and Ohio 80
Canadian Pacific 148:
Chicago and Xorthweatern ..133;
Colorado Southern 19
Denver and Rio Gnutde 10;
Illlnoli Central 122
Louisville nnd Nashville S9
Mexican Central ,. .. 14 i
Missouri Paciflc 471
New York Central 03 ]
Pennsylvania 1101
Reading ,, 89!
Rock Ieland 14)
do, preferred .. 2S
8t. Paul lot 1
Southern Paciflc 711
Southern Railway 12 i
Union Pacific 113)
Wnhaah ’ .. .. 9 )
do, preferred 17
Oreat Northern 113
Mlaeellaneoua.
Amalgamated Copper 431
Amer. Car and Foundry 291
American Locomotive 33
Amer. Smelting and Ref. .. .. 08 1
Brooklyn Rapid Tranalt 371
Colorado Fuel and Iron 131
People's Gas 771
Preseed Steel Car 19!
Pullman Palace Car 149
Sugar 991
United States Steel 29.)
do, preferred ;. .. 861
Western Union 59 1
Mackny Companies 51 .
MONEY AND EXCHANGE.
New York, Bee. 17.—Money on call «luj
4.87, with actual business In bankers' 1,1
at 84.M4f4.9610 for demand and 94.8-Mfl.sOiVi
for eo-day bllla. j
Prime mercantile paper unchanged,
l-wulnn bar ellver, 34)4d. New York bar
illrer, 6SMe. ..
Mexican dollars, 42c.
MARIiUllY. Section Director.
WEATHER FORECAST.
In the Texan imnhuudle, moving *a»twar<
An area of high prensure I* central osar the
northern Rocky Mountain region, with nn
extension aouthenRtwanl to the Carolina! In
in of a ridge of h
The southwestern storm ■■■■■■■
In Nebraska, Kansan, weatern Missouri anil
western Iowa aiul rain In Texas, Oklahoma
and Arkansas. In the lake region light
snow ba* also fallen. The temperature
change* have been unimportant.
Tbe indications point to rnln In the south
ern and snow In northern dlatrlcts during
higher temperature* In the 8'outh and little
change in .the North.
Forecast until 8 n. m. Wednesday:
Virginia—Increasing cloudiness tonight;
vrobiibly snow or rain In southwest section;
iVednesday snow or rain; light to fresh va
riable winds, becoming easterly.
“ rth Carpllm—l’artly cloudy tonight;
iiruunbly snow in mountain districts; rain or
snow Wednesday; light westerly winds, be
coming easterly.
Sooth Carolina—Fair tonight; Wednesday
rain; light vurlnble winds, becoming eoiith-
easterly and fresh.
Georgia—Rain tonight nnd probably to-
norrow; warmer tonight In southern por-
Ion; light variable winds, becoming south
easterly.
Fa stern Florida-Fair and warmer tonight
anti Increasing cloudiness and warmer to
morrow; probably rain; light variable
wind*, becoming southeasterly.
Western Florida and Alabama—Rain and
warmer tonight; clearing Wednesday; fresh
southeasterly wind*.
Mississippi-Rain and warmer tonight; to
morrow clearing and colder; increasing
southeasterly wind*, shifting to westerly.
Kentucky and Tennessee—Rain and
warmer tonight. Wednesday rain or
snow und colder.
Louisiana—Rain and warmer tonight.
Wednesday showers and colder In the
northwest portions; fresh southerly
winds on the coant.
Eastern Texas—Fair, except shower*
Closing. THE LONDON STOCK MARKET
January ..
February
'March .. ..
J uno ...
uly .. ...
August ...
September .
October ....
November .
December ,,
Closed atcftdy. dales 14,240 bags*
COTTON MARKET NARROWED
BY THE HOLIDAY SPIRIT.
New Orleans, Dec. 17.—The Tltnes-Demo-
crat anya: "Tho holiday spirit has percept
ibly narrowed tbe cotton market, white-th*
fate of tho December piker, holding out for
n longer free ride than he should have
counted on, has caused speculative weak
ness. Imrdly so permanent aa apparent, yet
nevertheless a bit disconcerting at this par
ticular tlmo. Futures are now *elllng nt a
dizzy discount under spots, and Investment
buying tn the speculative market has again
become attractive despite the fact that the
demand for f. o. b. cotton Is alack, nnd
that the keen edge of the requirement* for
■pot cotton for prompt delivery has been
temporarily token off by tbe volume of re
cent purchases. At the moment the atti
tude of the Interior may lead some men to
believe the backbone of tbe general resist
ance hna been broken, or at least Injured to
some eztent, a belief hackd up by tbe pros-
eta of full glnner returns on next bureau
tan.
aln counter cotton this nessoo,
peel!
Sell
and
played by the future market tbe surer and
more potential will be the strength display
ed by the netnal stuff. Middling spots stl
New Orleans are now quoted at llftc, while
futures stand: January ll.od, March 11.03,i
May 11.03, July 11.07. Hurely a tempting
enough outlook In tbe eyes of the Investor
wbo*e Ideas have not been warped by spec-
utatlvc pessimism. In the absence of some
fresh influence, nn active cotton market Is
hardly to be looked for until after the nsw
yaar."—Hayward, Vick A Clark.
on the coa*t, tonight and colder. Wed
nesday fair and colder; fresh north
westerly winds on the coast.
Western Texas—-Fair and colder to
night and Wednesday.
Oklahoma—Fair In weatern, rain or
snow In eastern portion tonight and
colder. Wednesday fair and colder.
Arkansas—Rain and colder tonight.
Wednesday fair and colder.
Amalgamated Copper «
Anaconda
do. preferred ... 4
do. preferred ......
Baltimore A Ohio . . ,
Cheinpcake A Ohio ,
Chicago A Great West*
Canadian Pacific . ...
Denver Rio Grande . ,
do. preferred ....
Kile
First preferred . . .
Second preferred ...
Illinois f>ntrn! ... 4
Kansas A Texas . . .
do. preferred ....
Louisville A Nashville .
Mexican Central ....
Norfolk A Western .ft
Northern Pacific ....
New York Central ....
N. Y., Ontario A Western
‘Vnusylvnnla ....
hllsdelptils A Reading
First preferred . . .
Second preferred . . .
Rock Island
Southern Pacific ....
Ht. Paul
Houthern Railway
do. preferred
Union Pacific ....
U. 8. Hteei
do. preferred ....
Wstiaab
do. preferred
Open
m
66
143)4
24
iik
w,i
««
LOCAL 8T0CK8 AND BONDS
(It.rlMd by Illlly.r Inr.stm.nt Co.)
. ^ MB. Asked.
Atlanta A West Point IL R
All.nln & WMl Point debi.... IDO
: i§
V .. :d
do. preferred;. 41
Auxu.t. 4'«, 1886 lie
A11 ru.tn F.ctorjr............... ... T7
c.ntr.l Rank & Tni«t Corp’n. 116
F.ipotltion Cotton Mill. 226
Fourth N.tlnnul Hank lie jjj
Georgia Ht.to 4)i'«, re. fa
Corgi. Ht.to «i., wupon.... 10C14 jS
Corvid It. It. * Hankln* Co ass
Bt.bo.rd 4V, n);
(leeret. Ry. * Electric Co.... 72 75
Beard. Ry. k Ktectrie Co. I*. 914 :„;« 4
Ben board Air IJm 16 12
do. preferred 194 ■»
Houthweatern railroad uit,
Dixie Cotton Mill.
V»,-C.r. Chetn. preferred.... 844 M
Atlanta National Bank
ATLANTA, GA.
C. E. CURRIER, President. H. T. INMAN, Vic-Preeldent.
GEO. R. DONOVAN, Cashier.
JAME8 8. FLOYD, Assistant Cashier.
Capital $600,000.00
Surplus and Undivided Profits $650,000.00
We Solicit Your Patronage.
Edward Moyte. Hugh F. McElroy. Louis Lichtenhein.
EDWARD MOYSE & CO., Cotton Brokers,
82 BEAVER 8T., NEW YORK.
MEMBERS—New York Cotton Exchange, New Orleana Cotton Exchange,
Liverpool Cotton Association.
ORDERS SOLICITED FOR THE PURCHASE AND SALE OF COT
TON FOR FUTURE DELIVERY. MARKET LETTER MAILED UPON
REQUE8T. CORRESPONDENCE INVITED.
=—-fe
No. 1 Fresh Tennessee Eggs, 22c Doz.
_ We CASH WITH ODDER OR C 0. D. BELL PHONE 5117
Every e*bb. KELLEY PRODUCE CO, 9912 Decatur St , Atlanta PktM 1522