Newspaper Page Text
AtttfJ ATLANTA ILttOiiUlAN AM 1) MIUYVS.
25
COTTON WAS WEAK
IN EiJ SESSION
Estimated Receipts at the
Ports Tuesday Heaviest
of the Season.
A SHARP INCREASE
Rallied on Light Estimates
For Wednesday and Good
Demand For Spots.
New York, Dec. 15—Sentiment in, the pit
ftceinit the cotton market, chiefly dn
the Unaiicl.il situation and the large receipt..
•«lile« from Liverpool said the hedge Mil-
had accompanied the drop In price,
'.here lint at the Mine time lnld etreea In
the continued largc/aalee In the apot article.
The Liverpool market trti Indifferent
Tucsdav tnornlntt in the fntnrea department.
The cloao waa .leads’ B to 5V4 polnta lower.
Spota were reduced 12 points for middling
to ML Hales continue on n lllieral scale,
aggregating 12.000 hales.
In New York the opening was steady,
Iiunarr showing n point advance, while th«
Inter positions were! to < points oft. After
the opening prices tended downward,
though the decline was slow until tits otYl-
,.j.il cstlmste for rscelpts nt the ports was
Issued, showing for the drat time a heavy
ittoventeut—!'3,w0, against 07,858 last year.
These figures show the rccojd movement
receipts nt the principal points show
lag decidedly .light. Prices, were forced
is somewhat eai .
sinus tiro noted In some markets.
Receipts overran the estimate ,by 7,000
hales, tits total reaching 102,586.
Last yesr on October 23 receipts at the
ports aggregated 11MM: October 80, 11D,-"-
and on November 20, 104,197.
Tho market held ateady during tho
afternoon, the close being unchanged
for August; the others 7@9 points
lower.
1907. I
906. 1
Saturday
Monday
Tuesday
57,272
64,882
102,636
W23r
64.487
57,358
Total for three day*...
Total since Kept. l.....
214,640
4.279,639
186.W*
B.229.841
listlmated receipts Wednesday:
1907,
New Orleans 10,000 to 12,000
lialveSton 0,000 to 11,000
IIounttA 15,000 to 14,000 18,109
Movement at Atlanta:
!>ep|fUi* Tuesday, December 17*
Same day last year
Inorenae
louts Tuesday,
(lay last year.
Dt.vease
.stock on hand Tuesday, Dec. 17.
tfame day last year
1906.
15,411
ft,651
day last year.
iwreaie... mu
Shipments Tuesday. December 17 3,750
•POT COTTON MARKET.
Liverpool, easier; middling 8.31,
Atlanta, qnlet; middling fill.
New Orleans, qnloti middling 1114.
New York, steady: middling 11.90.
stvannab, quiet and ateady; middling lltt.
Aojrwta. .steady; middling UN.
Jllng 1..
Baltimore.’ nominal; ml
tdy; middling 11.90,
M.mphls, ateady; middling UK.
~TIUdslphla. ateady; middling 11
'ialreston, qnfai. „
8t Loo Is, study; middling UK.
TODAY’S PORT RECEIPTS.
NEWS AND GOSSIP.
Of the Fleecy Staple.
Special to The Georgian.
il rom Hayward, Vic
. New York. Dec. 17.—J. 8. Batlie & Co.:
Liverpool was due 7 to 8 polnta lower on
near and 6 to 6% lower on late months.
Opened steady nt 7 polnta decline and at
J2:l5 P-' *n. was quiet net 6 to 7 polnta
lower. Spot cotton In good demand 12
points lower; middling, 6.21; sales, 12,000;
American, 11,300; speculation and e
I, 000; imports, 67,000 bales, Including
American.
, WIel Bros.. Montgomery, Ala., wire:
Eastern mill demand rampant.v European
demand good on this decline, but nothing
offering, although 31*4 was freely offered for
round lots last evening.”
The disappointed bulls now want the
secretary of agriculture to show how he
made up his estimate of this crop. There
lias been a resolution to that effect Intro
duced In congress. The bullish forces have
certainty been hurd hit by the report and
been expressed in
think the wisest
_ . .jke their medicine
. w- ,—- tendency of cottdn prices I*
downward. The business reaction Is on. and
being felt in all lines commercially. We
believe market will go lower, and etfen If
the report had been more bullish tho busi
ness decline would Imre forced tho same
amount of liquidation of the long interest.
This Is a very slow opening with no fea
tures. May slightly below the close. Liver
pool Indifferent. Look for a sagging market
A little liquidation, considerable short
selling without much support. Is about all
there is In the stock market as yet The
professionals seem Inclined to the short
side. Money market Is the most important
feature.
Mitchell buying. Hbearson and Wenman
selling. No feature to the market Ap
parently without friends and do not expect
much more of a decline, although not yet
ready to advance.
The heavy movement Is attracting atten
tion. Looks ns If some people will have to
revise their crop ideas.
Following are 11 a. m. bids: December.
II. 37; January, 10.68; March, 10.88; May.
10.91; Jnly, 10.85.
Now Orleans, Dec. 17.—Hayward, Vick &
Clark: No bull support and bears have free
play; but they evidently recognize that this
decline Is only owlug to holiday dullness,
and that cotton Is In a stroug position,
therefore they are not hammering except
for little scaips. rt's a buy on the scale
down for n good advance, after the dullness
Is over.
N’o bear pressure. A little upturn possi
ble. but do not expect much nround the
holidays, Would buy. though, all the way
down for. the big advance. Think it due
after new year. Eleven cents looks safe to
alt for.
Edited by «
Joseph B. Lively.
MARKETS
Mr. Lively’s twenty-five
years’ experience of ed
iting markets In AtlaLta
and the South has made
btm a recognized au
thority In his specialty.
.... /try little outside
Dullness.
Demand for spots decidedly limited. Bro
in fpturos, but would not operate on i
side. This Is only holiday dullness.
ATLANTA MARKETS.
FRUIT* AND PRODUCE.
EGGS—Active, 24025c.
LIVE POULTRY—Hon* dull, 40 cents;
chickens, fries, 22%03Oe. Ducks, Pejdn, 35c
each; puddle, 30c each. Turkeys dull, 15c
"db'bssbd POULTRY—Turkey*, draw*.
17018c pound; fries active, 17c per pound;
hens, 16c pound; ducks, drawn, fancy, 17c
pound.
PRODUCE—Lard. 12c pound: havna aettv*
16c pound; ahouldera active. 10011c pound;
sides active, 11c pound; butter. 18024c per
pound: beeswax active. 25c pound: hone;
(bright) active, 15c pound. Italian X Chest-
almonds, 16c pound; Brazil, 14c pound;
Fllberta, 13%rC pound; English walnuts, 12%c
lb. Pecana, 12%c lb. Figs, 6-oz. pkg, 7%e.;
lf-ox. pkg. 15c. Lemon peel, “
Galveston.
Mobile. . ,
Savannah* ,
Charleston. . # #
WllmlBgton. , , , , .
fiHw.
various.
t’tniAcoU. .....
INTERIOR RECEIPT8.
, Th, .
Icteric;
nm4
following tsbls i
:r town, 1ml.jr
dey last ycer:
Mv.V’AV*!
naemnsa. . , , * ^
jaak
HAYWARD, VICK A CLARK'S
DAILY STOCK LETTER.
[. K *w Orleta,, Dee, 37.—Ths hiarket totUy
mi-, cr.ttjr much tUe s«ma character as
neuraiy, only there wne perbap, mots
»«t ..fling and less lone liquidation. Holt
SW finllnes, srnl absence of speculative
ni. p f. r v ** r * b **i* ,n * I’ 1 * 5 ’’ That they did
net take more ndrsntase of It show, that
;.!J! lron A situation ef cotton Is wall racog-
anoths setback only looked upon as a
nonnal ocitorrenco, at tbla tints of tho
v* r- Opening about * down; fntures re-
"irered (be loti, as no particular bear
i l ;'*" n . r s w„ applied. Unite who reillxrd
;™“"d U5*« are ,radually replacing their
c ntracts while there may be a farther
d p. partlcmany ff Friday's esnsu, agora,
SjjjL *? c «4 9,09.000; It Is generally
Jf££cht that prices will not depart moot
11« for any length of time, and, that
“ff* W price, It Is safe to wait for the
nc,t upturn on renewed activity of liuel-
J,;' 1 *M ths affect of Increased spot de-
^•■"d after this holiday period. Liverpool
j*IncUnefl to ho ateady and spot sales con-
I “•yn **ye. Spot demand Is decidedly quiet
•04 rsaoflctca to staple*. Fnotnra' table* are
better stocked, end they ore offering cotton.
tJ< »bont >ic lower to sell. Just at with
, this la moat likely tho result of the
“?*• dullnoao of buitness In raw materials,
f B t0l ' n d <-hri*tm*s sad Now Year. Trading
i? h" ,nrM aettlod around opening figure*
H^beara tho complexion of a waiting mar-
I *ew Tark, Doc. 3T.-J. S. Beche A Co.:
i“! optniug was Indifferent. The gain*
r^imal and than cam® gome professional
|r® indifferent, while some of the
Orange peel. 17Hc lb. Lemons, fancy Me*-
•ena, 13.7504.00; bananas, 8^c lb.; lime*,
Florida stock, 60c 100. Peannts In sacks aver
100 ppunds each., wsifii
box. Date*. 1-
U raisins. I2.W
_ 60-pound boxes,
13 cents. Grades, Concord. C-pound basket,
20c. Malaga, per keg. $LM. Apples. Now
York, 54.6005.50. Cranberries. Ill barrel. 60c
gallon. Florida oranges, 32.7503.00; “Pot
Brand" orange*. 13.00473.25.
VEGETABLES-Potatoes per bushel 81.05;
sweet potatoes, 8u@90o. Onions. 31.10 bush.
Spanish, 11.50* erste; kraut H barrel. 13.71;
Danish. lVie. Celery, 80085c a bnnch; per
crate, 6 to 3 dozen, 35.00. Cauliflower, 10©
IVAc pound. Lettuce, 32.2502.56 per crate.
Tnrnlps, lHc pound. Florida beans, 32.50
crate.
FLOUR AND GRAIN.
FLOUR—nighest patent, 36.60; best pat
ent, 35.75; standard patent, 35.60; half pat<
#nt. 35.25; spring wheat patent. 36.28.
CORN—No. 2 white, 77c; choice white, S0c:
mixed Jnew), 71c; erseked corn, 100-i>ound
"cirirKBN Fwen-rmj.poond «,«* n;
Purina clusck fasti. 11.95; I’urlna scratch
feed, SL9S; Purina feed, 175-pound aacks.
"oATB—No. i white, S8c; No. t while, 83c:
No. I mixed. 61c; Golden oats, 68c; whits
el l!n3AL-Pialn. M-pound sacks, 74c; 41-
pound aacka, 7*c; plain, 24-ponnd tacks, 78c;
,< nA'f_Ttinothv, cholc, laws halos, 11.16:
do., choice smnll bales, 11.20: No. 2. 81.00;
%W?!& t, S^ ,,e «’'^i*:p^ , s m ^’rf
515.00; No. 1 per ton, 814.00; hulls per ton.
n CANDY-4B1lck. assorted 8Uc pound; stick
assorted. <Kc pound; fancy aisortod, psllt
"”: rhicollte dron.. palls. 12tie; Klk. a,
.orteA, ten Iwxea 85.50.
SHORTS—^Choice white, 81.75; fancy, 81.75;
brown (75 pounds), 81.80.
PROVISIONS.
PROVISIONS—Pferalum bams, 14c; he|.
lies. 207135 pounds overage, 9c; fat hacks,
744c. Silver leaf lard, 9Kc. Jewel! com-
und, 8c. California hams, >c. Lx-rlbs,
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
NAME OF STOCK.
Amaf. Copper
Am. Ice nscuHtlcs • . .
Am. Sugar ltetlue»y. ..
American Smelting . ..
Am. Locomotive . . , .
, do. preferred . . . . .
Am. car Foundry.-. ..
American Cotton Oil ..
Anaconda ..
Atchison
do. preferred . . . . .
Atlantic C. Lino. . . . .
Brooklyn Rapid T. . . .
Baltimore & Ohio . ..
Chesapeake & Ohio. ..
~ adlan Pacific
-...engo A- Alton. . . .
Consolidated Gas. . . .
Central Leather
do. preferred
Colorado Fuel & Iron . •
Corn Produce
Colorado Southern . ..
Delaware A Hudson . .
Denver & Rio Grande -
Distillers’ Securities. .
Erie
do. preferred
Genera! Electric
Great Western
Great Northern pfd. . .
Illinois Central
Intorboro
do. preferred
Kansas A Texas ....
• - 18%
:!;!#
. . 28
: '•! "Is
55
a*
SS
S3
NAME OF STOCK.
U
2
ura
c-u
O
H •
8% 89“
Total stock t/aies today. ^23,300 share*.
Louisville 4
Missouri Pacific. . .
Mexican Ceutral,-.
New York Central. ,
Northwestern. . . .
National Lead. . , .
Norfolk & Western.
Northern Pacific. . ,
Pressed 8teel Car. . .
Rending
Rock Island
do. preferred. . . •
Republic Iron 4c Steel,
do. preferred.
St, Pa
Tenn.Coai & Iron.
Texas Pacific. . . .
l ulon Pacific. . . • ,
U. H. Rubber. . . .
do. preferred. . ,
U. S. Steel. . . . . ,
do. preferred. , .
Western Uulon. . ,
Wabash
do. preferred. . .
Wisconsin Central. .
do. preferred. . .
674i
S914
ini
NEW YORK.
Following (s the range in cotton futures la
New York today: r »
Jan.. .
Fell.. .
March.
April. .
May. .
June. .
July. .
4 li
|
si
a 3
33
V
£0
11.32T1.39 11.2S 1
Rtfl 10.70 10.35
10.75 10.75 10.73
10.82 10.90! 10.r
10.8310.83)10.1
10.8610.94 10.1
10.86 10.S5jlO.86
. ilO.S4jlO.9010.77
,| 10.60'10.00110.60
80 1(
10.67-69
10.77-78
.
10.66-01
10.76-70
RK4-SB
10.87-89
10.91-8210.90 ■
10.83-S4
10.78-79
in.co-ci
LIVERPOOL.
Following Is tho opening range, S p. m.
and close, compared with yesterday:
Futures opened easier.
Opening Prevlons
j Range. • 2 p. m. Close. Close.
Dec 6.80 ®6.79 5.79 6.80*^ 6.85H
Dec.-Jan. . .6.78^05.80 6.8ii 6.80V4 6.86H
Jan.-Feb. . .6.80 05.80^ 5.81 6.82 5.87
Feb.-March .5.80140.... 5.80V4 6.82% 5.87*4
March-Aprll.6.81 (5.82 " ”
_ my-June . .5.82
June-July . .5.92
July-Aug. . .8.79
Ang.-Sopt. . .5.70
5.88
5.89
5-8914
6.89
6.70 6.71 5.76
5.83 6.83V
6.83 6.84V
5.8214 5.84
Closed steady..
NEW ORLEANS.
Following Is the range In cotton futures Ja
Now Orleans today:
Dec.. ,
Jan., .
Feb.. .
March.
April. .
May. .
Juno. .
July. .
■ j 11.03
steady.
m
ioiwjiaw
io.M|i(^4
i0.93|i0.94
Mi
10.90 111.15
10.95- 9711.06
10.95- 95 1L04-06
94-96 11.03-04
,94-95 11.04-06
10.94- 96 11.03-01
10.95- 96 11.05-OG
10.97-98! 1L07-09
TIPS FLASHED*
From Wall Street.
NOTES ON GRAIN.
Pointers on Provisions.
DOWN
•#e.
GROCERIES.
RICE—J*P. bead. 107c: fancy
cane syrnp. 28c gallon; salt, 100 pounds, 50c;
•xl# grease, 11.75; soda crackers, 6Hc ponnd;
smon, 8c; oyster, 7c: barrel ready, per
* ~ “He; tome
•ft
mtcbee pef groai, 8L«; raararenL '<H07e
pound: sardine*, mustard, 83.50 ca*e. r
Special to The Georgian.
(From Haywood, Vick & Clark.)
Chicago, Dec. if.—Bartlett, Frazier &
Carrington: The market appears to
have a good, firm undertone, nnd 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-HeraId: Increasing ag
gressiveness on tho part of the bull Inter
ests In wheat and increasing nervousness
on the part of shorts was apparent during
yesterday’s spurt of activity nnd strength
In the last half hour of the session. The
bull Interest was inclined to anticipate a
more favorable condition of financial af
fairs following the opening of the new
yietr. Tho fact that America la now ship
ping between two-thirds and three-fourths
of the totul world s supply of wheat weekly
indicates a probable reduction of domestic
stocks to proportions that will he not at all
burdensome. The present dullness of the
Hour and milling trade Is counted a natnrnl
Incident of this ucaaon of the year. There
Is n steady though stnalLdemand for cash
wheat here fov Interior mills, which find
his market the cheapest available. Local
bulls are predicting that cash No. 2 red
winter wheat will sell nt May deliver^* price
bore before February 1.
Duluth export houses that are In touch
with foreign buyers of wheat make
claim that Arge - — * ~
ready sold a limit
abroad nnd that
low prices on It In order to inffuom _
price of the new crop, which will soon be
ready to move. It is claimed that the sales
to Europe are abort sales nnd that In the
event of accident to tho Argentine crop
there will bo lively scrambling to fill theso
contract*.
John Washburn, of the Washburn-Croaby
Company, believes that the Northwest ha*
a very light stock of wheat. He estimates
roughly that there Is 49 per cent less
wheat In farmers’ hands and 60 per cent
less In country elevators now than there
was at this tlmo n year ago.
George M. Lei’omit cabled from Villa
Muirs, Cordova District, Argontlna, to Fin
ley Barrell: "Wheat Is In splendid condi
tion and will make a full crc~ **
the wheat'Is looking fine am
that it will be better quality than last
year. Weather conditions favorable.’’
Boston wired: "We do not think th<
•nsluess situation."
Lyle, of Now York, wires: “I rnn’t
strut* any Argentine news as bearish, as tho
best she can do will ouly meet expectations.
Any blemish will bo bullish. Tlmo enough
to. hare damage. End of harvest a month
WHEAT HI OPENING
1 FRACTION LOWER
Started Upward Later, Scor
ing Sharp Gain—Com
and Oats Higher.
ST. LOUI8 CASH QUOTATIONS.
Whent—No. 2 red winter 99V401OO
Corn-No. 2 52V40 63
Oats—No. 2 69
Chicago, Dec. 17.—Wheat opened %0%c
lower on the disappointing cables and tho
boarlsb Russian report. As Broomhnll es
timates the Argentine surplus at 128.000,000,
the foreign crop summary is not unfavora
ble. Budapest was up % on tho cold, dry
weather In Iiunggry. \
Wheat gained 2 1-802 l-2c, corn was
up 11-203 l-8c, oats wore 3-801 l-8c
higher and provisions were 71-20lOc
better.
WEATHER REPORT.
WEATHER CONDITIONS.
The pressure has Increased rapidly over
tho Great Lakes nnd the northeast, and to
day the western liorder of the storm area
Is passing out over New England. A aec-
ond low nrea Is over Texas, having moved
southeast slnco yesterday morning. The
northwest is under the Influence of au ares
of high pressure central over Montana. Ac
coiupnnylng this high area fire lower tem
pern lures aud snow*. Snow was falling this
morning at Dodge. Kan.. Kansas City, Mo.,
Omaha, nnd North I’latte, Xcbr., Kt. Until,
Minn., Bismarck, X. D., Buffalo nnd Os
wego, N. Y., Portland, Me., and Portland,
Ore. Cloudy weather covers nearly tho en
tire map, but there has been very little pre
cipitation In the Month.
The ndvauce of the southwestern low area
will cause cloudy weather nnd
rain In this section tonight am'
day; somewhat warmer tonight.
CHICAGO GRAIN MARKET.
Following are the Chicago grain nod pro
visions quotations for today, compared with
yesterday's close:
Previous
Open. High. Low. Close. Close
WHEAT '
off."
The export house which imugl
'bushels of hard winter whent Friday—same
constituting the export buslnesa of tlie en
tire country for that day—was offering tho
same for sale at *4c profit over Friday’s
sacrifice price. That price was 194c below
May, os compared with 7c over It a short
time since.
. ,33.13; New
Y COFFEE—A*Arbnckles, 4 3i«M; bulk
18c pound: baking powder. 85 ease; red
salmon. 35 «»•:. plnY salmon. 34.W case;
cocoa. 45c; cbncohte. 43Ho; snuff, 1-1 b Jar*.
<8c; roa*t beef. J2.80 case: ulrsn (New Or-
ean*V gallon: corn. I0e gallon: pofaat
13.3601*0 wm; P«*nnta. JP4c- *>pe, <-Plj
cotton, 22Hc: soap. Sl.607M.to ease.
bagging and ties.
BAOOINO-lJkJb.. 104e; 2 To.. 1We; *%
lb. 12Ke: re-rolled (second bandi. 7Me.
TiaS-New, 3L17V4 bunch; second-hand,
fl.2504.7i.
trsi
Ing prices up
low level.
dera'to cover *tiorts*Followed. mark-
about
: 30 to 12 points from the
Wfre Indifferent, while some of the cotton must Inevitably decline,
tjsdsrs became restless because prices ners’ report, we believe, will
®d not show much liquidation. The;huyfng We advise sale* on the bulges.
-_nn*r is letting
go hi* reserve line*. The Sonth Is face to
rsce with ft business recession, ns !■ also
the North *nd West. We can not nee hdw
It Is possible for the, farming Interests to
hold up against this. If the reserves come
- * * J —*— “ # wlutsr the prices of
bly decline. The gin
.rt, we believe, will be bearish,
SPRING SALES WITH JOBBERS
IS STEADILY INCREASING.
New York Commercial: Every section of
the cotton goods and woolen goods trade
expressed satisfaction at thfearrival of real
winter weather on Kutnnlay. It is the one
thing that retailers In all lines want—to sc.
eelerate the movement of their winter good*,
nnd to produce readr cash. With the re
tailers relieved the wav will be made clear
‘ Jobbers to go beforo the
for tho cutters and J
weakness on the part of buyers, but rather
the exercise of necessary precaution which
ha* been forced on them since the latter
are..working up the goods.
I.UL 1.. J. I » 1. cf.1t.wl .Hi
HAYWARD, VICK & CLARK,
COTTON, STOCKS, BONDS, COFFER GRAIN AND PROVISIONS.
C.rondalet «nd Gravler St«., New Orle»ne.
MEMBERSi
c!" 9 rt e B * L'otton Exchau,,. ' New Ofle»n» Fu
MW Yore Cotton Exchanse. New OrlMni anfi
"Xirsitea Cotton Exchanc»T New York Coffee Ex .
Sou,ton Cotton Cicltanro. Aoeoetate Memb.re Llxerpool Cotton An e.
New York ena Chicago cerreopoodenU:
i S. SACHS & CO., AND BARTLETT, FRAZIER 4 CARRINGTON,
POJVATK WIRES TO ALL POINTAi
qrSere on’their lino, of Imported nod ifo-
me.tlc dres, cooife, foncj cottoue oml linn
of piece eouua arc of uimterato xtxc, tiui
repreaent the firet need, onto of the buyers,
The wecon lia. only to It* of averse*' sue
ce.s to piece the above clasaea of xooda el
lileh figures ae there will be proctleally no
surplu. .lock to draw from at first band.
Doc, .. KJi WtU
Mny .. 102(5 11*3
July .. 90(5 09<4
CORN
Dec. .. 65¥»
May .. 5‘S
July ..
OATb—
Dec
May .. 54
July .. 4TTi
I’ORK—
Jan. ..12.75
May ..13.30
LARD-
Jan. ..7.82%
3Iay .. 7.92^4
■i
m
99
96
T
1
68*4
ms
66%
63fi
64%
47%
4S%
48
.60
.00
12.67%
13.12%
12.75
13.20
7.72*4 7.75
7.778 7.82’,4
r?.-% 1:38 iM W
CHICAGO CAR LOT8.
Wheat. . . .
Corn
Data
Hogs, head.
THE LIVE STOCK MARKET.
Chlosgo, Deo, 17.—IlOtiS—Reoelpts 17,000.
isrket steady; mixed hors, I4.7MM.K:
bean-, *4.30«4,M: rottch, t4.3IW.46; pl,t
< f.fo: yorter., »t®ff4.75,
CATTI*E—Itocelpti SOOO. Market slow at
enlsy'o prices; cows and heifers, tl.lbQ
»«». Itee.es. 12.10416: Texas, WSO; calves.
fl.77.lfu.75: Western, it.10ff4.74; stocicers ami
feeders. 12.2064.16.
RHBEP—Receipts 12,000. Market elow and
ateady; natives. fjasdO; Weiterns, I2«4.63:
earllnis, t4.607i5.3; Umbo, IS.7SS0.-
Vestcrti, t3.7S4BO.26.
LIVERPOOL GRAIN MARKET.
Wheat opened bfqhcr, and nt 1:90 p. m.
rss % higher, dosed uochsnzed.
COTTON SEED OIL MARKET.
Following la etven the opening and eloalne
quotations of the New York cotton seed oil
market;
Cloelnif.
■ slocks, they are counted t
for the uihtwelibt seaeott. 7
eottou yarns fa tieln* worked
eotton yarns Is belnc worked up gradually
nnd there are selling stents and commltslon
bouses that report putting through fair-
sized orders for knitting yarns for spring
delivery. Tho unsettled condition of the
utit few week appears to tie passing. The
stronger prlees on dress goals for the fell
of uSl here not boon officially named by
agents end the showing of the lines of
medium to high-grade fabrics wilt not take
place. It It declared, until after the middle
of .1 annex/. The onttlug-np tride and the
cloth Jobberi do not appear to be anxloue
10 ace the new goods and sellers are taking
the view that to force the opening of dreaa
goods tor next fall would deprive them of
their last ebanee to get the advances they
ere entitled to. The curtailment of tho
Southern cotton mills Is under fnll string
and the effect on the general market for
finished goods (Bit goods In the gray la
atlmnlntliig, .. . - ;. .
December,
January.
February.
, * crude, ..
NAVAL STORES.
Dec. 17—Tnrpentlne firm at
. _jlea, 290; receipts, 570.
Rotla firm; sales. 1 .VO; receipts, 2,220;
waurwhlte. I6.M; window gists, fitt: S.
14.10; M. 16.33; K. 14.71; J, fe.tO; l!7
3.26; O, O.lSBi.20: Fj M.liti3.174; E, ».lo@
Abilene. • • .
Amarillo. . . ,
A*hrvllle. . « (
ATLANTA. . .
Augusta. . . .
Birmingham. .
Bismarck. . .
BUMtolt. . • . e
Buffalo.
(’hurlestou. . .
Charlotte. . .
Chicago. . . . ,
<'I tiffin tin tl. . . .
Corpus Christl.
Davenport. . .
""fen’. V.V
Fort Smith. . .
GnlvoNton. . .
Huron. . . . ,
Jacksonville. . .
Jupiter
Mscon. . .
Memphis.
.Merhihin,
North IMntte. .
Omaha. . . «
rnlpstine. . « •
Pittsburg. . .
Portland, Mo. ,
Portland, Ore. *
Rapid City. . .
St. Lmils. . . .
8t. Paul. . .
8nn Francisco.
Savannah. . . ,
Spokane. . » .
Tampa
Taylor.
Thoinaarlllo.
Vicksburg. .
Washington.
Wilmington.
Special to Th* Georgian. «
(From Hayward, Vick & Clark.)
New York, Doc. 17.—J. S. Bache &
Co.; American stocks 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 New York has begun and will
Increase In volume. January disburse
ments expected to keep call money
rates higher for balance of year.
Structural steel mills at Buffalo re
sumed operations and others expected
to open.
London Times comments on the bat
tleships’ departure for Pacific.
Stock market Irregular. While there
Is pressure upon several of the active
stocks, there is covering In others, no
tably In Smelters. Steel stocks again
holding well.
The short Interest has covered so
largely In last few days that there is
very llttle buying from that source.,
Borrowing demand for stocks yester
day and today has diminished consider,
ably.
Directors of New York Airbrake Company
are scheduled to meat tomorrow, when It Is
expected they will order a radical reduction
In dividend disbursements, If they do not
decide to pass the dividend altogether. It
1* said that owing to existing financial con
ditions the company bad experienced a
S eat deal of difficulty in making collec-
mg, nml consequently had not Its usual
amount of funds available for disbursement
to shareholders.
Do not see any good In stocks and expect
to *e« price* quite a little lower. Can not
advise purchases until tho money market
changes.
'Financial Bureau: Irregularity seems
likely to continue for a time In the stock
market, with stock met on rallies aud sup
port found on declines in the unliquidated
and liquidated lsues respectively. The best
plan, under the circumstances, Heems 1
to be to buy the standard rails when \w..-
and sell the industrials when strong, In
both cases for moderate profits.
While some support Is noted in Amalga
mated around 43, reduced from 44, more
liquidation Is rumored uud professionals
would hammer If It overwhelms the closing
buying orders. Professionals stilt sell
Amalgamated on firm spot* since the re
fusal to support. Atchison support is at 79
and 67068, according to our reports. Brook
lyn Rapid Transit finds some support near
37. Covering occurs for some reason In 8t.
Paul around 100, hut the room I* still bear
ish on this stock. New-liquidation broke
out In Distillers nnd will have to ruu Its
course. Great Northern and Northern Pa
cific pro both supported around 1J20114, but
we would buy them on a conservative scale.
Exactly the same remarks npply to Union
Pacific, which Is well taken on weakness.
token on the coni road article In the
Sun professionals would sell for n further
moderate drop. This stock is urged ss a
HHMfr * high-grade houses, however.
Boston, Dec. 17.—Following was the hid
MINING STOCKS.
Boston, Dee. 17.—ArlxonnUoramerelal
7%. Old Dominion 27%, Cahimot-Arizona
vo, Boston Consolidated 10. Osceola 90, North
Butte 97. L'tnh Mining 27%, LnSalle 10. Mo
hawk 42%. The market opened Irregular.
STOCKS IN LONDON
STARTER HIGHER
Had But Little Influence ou
the Prices in New
York.
OPENED AT DECLINES
As Session Progressed
Better Tone Developed.
Market Wpnt Up.
New York, Dec. 17.—The stock jn*rk>
opened generally lower with the greate
declines In Reading, which opened down
and lost 1%, nnd Amalgamated, which r**
“ ~ “ ul i
ed % down. St. Paul started
lyn Rapid
era Pacific oge:
Broo
Nort
10:20 <
nnened
ger cent. Tho iunriot nV
Closing bids follow:
Railway Stocks.
Atchison
do, preferred
Baltimore and Ohio
Canadian Pacific
Chicago and Northwestern
Colorado Bouthem
Denver and Rio Grande ..
Illinois Central
Louisville and Nashville ..
Mexican Central
Missouri Pacific
New York Central
Pennsylvania
Reading ..
Rock Island
do, preferred
fit. Paul
Southern Pacific
Southern Railway
Union Pacific
Wabash
do, preforred .. .. .. .
Great Northern
Miscellaneous.
Amalgamated Copper .. .
Amer. Car and Foundry ,*
American Locomotive 35'
.. 101-2
..123
.. S91-4
.. 141-s
.. 477-S
.. 931-2
..110 l-J
.. 89 3- l
.. 14 1-1
.. 28.
..1011-t
.. 711-2
.. 12 5-8
..113 7-8
..113
43 1-4
201-1
Amer. Smelting and Ref*
Brooklyn Rapid Transit
Colorado Fuel and Iron <
People's Gas
Pressed Steel Car .. ..
Pullman Palace Car ..
Sugar
United States Steel .. .
do. preferred
Western Union
Mackny Companies ..
08 1--
. 37 7-s
. 181-4
. 77 7-s
. 19 3-8
..145
. 95 1-2
• 25 ll-S
. 861-4
. 55 1-3
. 51
MONEY AND EXCHANGE.
THE COFFEE MARKET.
New York, Dec. 17.—Money on call 6012;
Ime loan* nnlet; 00-day loan*, 10; 90-daj
jans, 809; six months, 607.
Tosted rates: sterling exchange, $4.Si™
4.87, with actual businea* in hankers’ bill*
nt *4.3604.8610 for demand anu *4.8004.8054
for 60-day bills.
Prime mercantile paper unchanged,
fjondon bar sliver, 24%d. New York bar
•liver, 53%c.
Mexican dollar*, 42c.
J. B. MAItllUUY. Section Director.
WEATHER FORECAST.
In the Texas panhandle, moving eaitwan
An area of high pressure Is central over the
northern Rocky Mountain region, with an
extfUHlon sou then st ward to the Carolina* in
western Iowa and rain In Texas, Oklahoma
and Arkansas. In the lake region light
snow ha* also fallen. The temperature
changes have been unimportant.
The Indications point to rain In the south
ern nnd snow In northern districts
the 36 hour* In practically the whole
Ington forecast district, with pr ..
higher temperature* In the 6'outh and little
ebnnge In the North.
Forecast until 8 p. ra. Wednesday:
Virginia—Increasing cloudiness tonight;
probably snow or ram In southwest sertlon;
Wednesday snow or rain; light to fresh va
riable winds, becoming easterly.
North Carolina—Partly cloudy tonight;
easterly.
South Carolina—Fair tonight; Wednesday
rain; light variable winds, becoming south
easterly and fresh.
Tieorgia—Rain tonight and probably to
morrow; warmer tonight In southern por
tion; light variable wlnda, becoming south
easterly.
Pastern Florida—Fair and warmer tonight
and Increasing cloudiness and warmer to
morrow;
Janaary .. ..
February ..
March .. ...
I :
J uno ... t... ..
uly
August
8eptember ...
October
November ...
December ...
Closing. THE LONDON STOCK MARKET.
Closed steady, bales 14,240 baga.
New Orleans, Dec. 17.—Th* Tlmos-Derao-
crat says: "Tho holiday spirit has percept
ibly narrowed the cotton market, wnll* the
fat® of the December biker, holding out for
a longer free ride than he should have
counted on. has caused speculative weak
ness. hnrdly so permanent as apparent, yet
nevertheless n bit disconcerting nt this par
ticular time. Future* arc now tolling at n
dizzy discount under spots, and Investment
buying In th* speculate* market has again
become ottrnetlre despite the fact that the
demand for f. o. b. cotton Is slack, and
that the keen edge of the requirements for
Amalgamated Copper .
Anaconda
do. preferred . . .
do. preferred
Baltimore & Ohio . .
Chesapeake fc Ohio
Chicago A* Great Western
Canadian Pacific . .
Denver Bio Grande .
do. preferred . , .
rle ,j
First preferred
Hecond preferred
Illinois Central . . ,
Kansas A Texas . ,
do. preferred ....
Louisville A Nashville
Mexican Central . . .
Norfolk A Western . .
Northern Pacific . . ,
New York Central » . . m I
N. Y., Ontario A Western
Pennsylvania ....
Philadelphia A Beading
27ji
™ 094,
14SH
cent purchases.
tnde of the Interior ran/ v _ ...■■PHH
believe the backbone of the general resist
ance has b*ri
some extent. ..
E rts of full glnner retqrns on next bureau
y. Kxperlenro. however, should have era
Is taught the talent that the Botith will
sell no bargain counter cotton this season,
end that the greater the weakness de
ployed by the future market the surer and
more potential will be the strength display
ed by the actual stuff. Middling spots at
New Orleans are now quoted at II%c, while
futures stand: January 11.06, March 11.03,
Mny 11.03, July 11.07. Hurely a tempting
enough outlook In the eyes of the investor
—’ *■*--" * >t been warped 1 by apec-
In the absence of some
,_Juence. nn active cotton market is
hardly to be looked for until after the new
year."—Hayward, Vick A Clark.
on the co&at, tonight nnd colder. Wed
nesday fair and colder; freah north
westerly winds on the coaat.
Western Texas—Fair and colder to
night and Wednesday,
Oklahoma.—Fair In western, rain or
snow in eaatern portion tonight and
colder. Wednesday fair and colder.
Arkansas—Rain and colder tonight.
Wednesday fair and colder.
Horn minim . . . ,
Southern Pacific , ,
nt. Paul
Southern Railway . .
do. preferred. . •
Union Pacific . .
U. 8. Steel . , ,
do. preferred . ,
Wabash
do. preferred . ...
»FJ I 33 >l
TM4
LOCAL STOCKS AND BONDS
Atlanta & West Point R. It
Atlanta A Went Point deb,.... 100
Atlanta S'.Ve. ™u|»n 82
Atlanta 4'e. lfJIcoupon OS
Atlanta 4W». 1»S coupon 10J
Am B. & A. It. It ..
Mo. preferred..
Angela **. 1>J* ...
Aueuete Factor,
Ontrnl Bark It Tru.t (’orp'n. 115
Expoeltlon Cotton Mllle........ 726
OiaiV cvupwn.ee.
Or-orffle K. K. A Ilauklo* Co.. ...
Seaboard V.18W.
lltorpl n,. fc Electric Co.... »
ci.-orula It,, ft Ulrctrie Co. i'e Sllj »»*,
SreboeM Air Une 10 12 *
do. preferred 19M
Southwestern railroad
Dixie Cotton Mllle
Va.-Car. Cheat, preferred.... MV4
Atlanta National Bank
ATLANTA, GA.
iiiurtuw , priiwaifi; imuj ii*
wind*. Iieoomlug aoutboattorlj-.
Western Florida end Alabama—train ana
rentier tonight: clearing Wednewle,; fresh
MithenatrrlT nlnde.
Mississippi -I!nIn end warmer tonight; to
morrow elearing and colder; Increasing
southeaster!, wind., shifting to westerly.
Kentucky and Tennetteee—Rain and
warmer tonight. Wedneadey rain or
snow and colder.
Loulelana—Rain and warmer tonight.
Wednesday ahowera and colder In the
northwest portlona; freah eouthorly
wlnde.on the coaat.
Kaatern Texan—Fair, except ghowera
C. E. CURRIER. Prealdent. H. T. INMAN, Vice-President.
GEO. R. DONOVAN, Cashier.
JAME8 8. FLOYD, Assistant Cashier.
Capital $500,000.00
Surplus and Undivided Profits ........ $650,000.00
We Solicit Your Patronage.
Edward Moyse. Hugh F. McElroy. Louis Lichtenhein.
EDWARD MOYSE & CO., Cotton Brokers,
82 BEAVER 8T.,"NEW YORK.
MEMBERS— New York Cotton Exchange, New Orleane Cotton Exchange,
Liverpool Cotton Association.
ORDERS SOLICITED FOR THE PURCHASE AND SALE OF COT-
TON FOR FUTURE DELIVERY. MARKET LETTER MAILED UPON
REQUEST. CORRESPONDENCE INVITED.
»l _ 4 C,/,-!, TriHMriri.ii/i P/i/ip oq. n~T ^ We . CASH WITH ORDER ORC 0. D. BELL PHONE 5187
NO.I I ennessee tggs, Z,£C UOZ. ^ v u e a ^E‘l KELLEY PRODUCE 00,9912 Decatur St., Atlanta Phene 1522