Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, December 17, 1907, Image 11

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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