The Atlanta Georgian. (Atlanta, GA.) 1906-1907, December 12, 1906, Image 12
1TIJS ATLANTA GJ50K6IAN,
i'KUNKIDAY. DECEMBER li. 1>M
ENGLISH CABLES
WERE El_
Did Not Fully Respond to
Now York's Decline of
Tuesdav.
NEW YORK WAS WEAK
Wire Houses and Commis
sion Houses Sold Heav
ily at Opening.
ooochsooooooooocooooooooooo
O 0
0 20,000 BALES OF COTTON
O IN YARDS AT DECATUR* O
O WORTH OVER $1,000,000. O
O
O Hpeclal to Tho Georgian.
0 Decatur, Al».. Dec. 12.—TJier
O ai2 *»v*t 20,non half* of cotton IO
0 Ing In the yard?* of the Decatur O.
0 Cotton Comprere Company In this O
O city. The cotton covcim five acres O
0 of ground nnd la worth over $1,-0
0 noo.noo. This is the most cotton O
0 *»vcr fcccr. In one place at one O
0 time In tltl* pottlon of the South. **
0
00000000000O00O000000O000O
Heavy selling by wire nnd commission
houses on stop order* caused the New York
tnnikct to open much weaker than du<
the rubies. A g«ss| ileal of cotton
r ilekrd up by professionals who believed
hut the break had lieeg overdone.
It Is apparent that Manchester spinners
are on the "1111x1011* seat." as nil dee lines
are met with heavy buying from that Inter
esl. The wiles Wednesday aggregated 14,l*"
tMiles at a deellne of 25 points, which would
llldlente flint present prl**es are low enough
for even low grade cotton nnd entirely
fini low for the best grades.
The New York market for futurca
on Wednesday held remarkably steady
in face of the estimate by the gov
eminent, and at the dose prices were
unchanged to 5 points higher, the lat
ter for December, the spot month,
Following It tin* range In the active
months In Liverpool today.
/flfeemher
, Jaiinary February.
Marcle April
NEWS AND GOSSIP
of the Fleecy Staple.
Open. High. Low.
5.45 R .47 6.41
; ItcOelpts
• HHJ|Klie||
Shirk-...
1906.
14.1.410
131.404
451,732
Compfirntlvo receipts
Net receipts* fislay
‘Name,(lay last year—
* Increase
Total reeefpta for thre
Name days last year..
Iwerea
1904.
US. 160
110.123
519.941
*62,217
31.H3T.
17.692
244,649
171.7*1
92,894
Total reeelpts since Neptember 1....4,991.107
Nartie time Inst year 4,509,*1
year
t Increase
Estimated tomorrow: ^
New Orleans 10,000 to 12,000
(inhesion 11,000 to 14.000
-Houston 11,000 to 13,000
Movement at Atlanta:
Reeelpts today
Inst
Nhlpnients t**dny
Name day last year
lletrease
S'leyk on bund today.,
ttnmr day last year...
t-ZZZ
i9or.
8.671
s.m
.17.06.1
. 4.188
. 8.867
SPOT COTTON MARKET.
Liverpool, easier; middling uplands 6.79d;
* a lv "
Kt. lauds, tionili ..
Kavntinnh. quiet; middling l'**-.
Houston, steady; middling 10%c.
ltoston. sternly; middling 10.50e.
Baltimore, nominal; middling lolke.
Memphis, quiet: middling BMl-lOc.
Charleston, qplet; middling 9%$*.
TODAY*8 PORT RECEIPTS.
The following table shows receipts at the
Interior towns today, compared with tho
Miue day last year:•
New Orleans.
Tils I vest on. . .
Mobile
Nnvnnuah. . .
Charleston. . .
Wllmlngtou. .
Norfolk. . . .
Boston. . . .
Philadelphia, .
Jacksonville.* ,
Total.
Private Wire to Glbert A- Clay.
New York. Doc. 12.—Liverpool nt
S in.. 22023 lower. Was expected about
lower. On this basis,' we should open
19012 higher. „
Howard Wilson offering 6,009 March nt
9.68c.
The Journal of Commerce: "A large vol
ume of merchniidlse Is being moved out of
this market to points all over Jbn country,
nnd njerclinnts are already complaining of
the delays In tran*[iortatl>ni. Extra freight
trips of trains and stemiibout* are lieing
made by the New England transportation
companies In the endeavor to aeeouumslnte
shippers, but the demands for earlier
servlee than usual bid fair to* cause u no
table congestion."
Orleans, Dee. 12.—Liverpool nt *24
lower docs not reflect our decline. Was
due 28 points lower. ftpot tales of 14,099
bales suggest that spinners are willing to
take cotton at present prices and not
await puSBlHc lower levels.
Liverpool cables: ••Continental and
Manchester houses are buying. Think she
Interest Is about liquidated,
ket likely to decline furruer
ment."
The adjusfuient /if prices l
newer developments continue
Think inflr-
at the iiio*
the
cd and market
ifpinlly as deslr<
nervousness of the market becoming plain
ly marked by the Inconsequential Inter
est that the market holds. AH now do-
pends upon the spot situation, and the at
titude of ftpluiivrs will be closely watched.
The western forecast Indicates fair to In
creasing cloudy weather and rising temper
ature. Showers followed by colder weal ti
er Is expected in northwest Texas. -
Tin* eastern forecast Indicates fair and
warmer weather tonight and tomorrow.
Little or nothing Is being d< *
spots. The demand has nbaf
la expected about V down.
ATLANTA MARKETS,
FRUITS AND PRODUCE.
BOOS—Candled, active. 29c.
LIVE POULTRY—Hens, active., 32%0»e
raeh: chickens plentiful, 16026c .each;
lucks. Pekin. 85c each; puddle, 26030c
each; geese. full feathered, 66c each; tur
keys. net I vo, 14e pound.
DKEKKKD POULTR Y-Geese. undrawn,
active, H»12%c pound; turkey*, undrawn,
active, 16fy18e pound: hens, undrawn, ac
tive. lie isaind; ducks, undrawn, fancy,
15c iNiuiid; fries, active, I5e pound.
PRODUCE—Tennessee ribs ami bonks, 8e;
Tenneaa«‘e sausage. 9c; lard, 10c lb.; haina
active, 14c lb.; shoulders active, 10c Its.: aides
active, 10c lb.; butter active. J5022!4«* lb.;
beeswax, active. 26e pound; honey, bright,
active, be pound; honey in 1-pound.blocks,
active. I2e pound; chestnuts active, 63.09
busheli dried apples, 6e pound; whit# pean
active. $2.60 bushel; lady peas, $3.00; itock,
^GAME—Quail, active, 15e each; dove*, ac
tive, 6c each; ducks, mallard, active, 40c
each; ducks mixed, active, 26c each;
wild turkey. active. 16e pound: rnjjblt*. nt-
five, 10c each; squirrel*, active, 10c each,
opossum, dressed, active. 12%c pound; opos
sum. live, active. Sc pound. rjtKi
KItUJTK—Letnona, fancy Messetta, $4.C9p
6.00 Ilannun*. per bunch, culls, nctlve,
»0e«ll.00; «tr,l,ht,. ll.tOOiW; «,*'■•"gP***;
Be cigrs
is &
Edited by
Joseph B. Lively
MARKETS
*lr. Ut.Ijr', tw.nty-flr.
.ran* -i|‘-r[-Dr, of o-i>
Itlnc market. In All.nl,
and <b» South ht,m,d,
Ida • rwogntwd *u-
(horltj- In hi, aprtlall/.
TIPS FLASHED
From Wall Streot.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
SAUEOT STOCK.
. . .1 115V,! 5®*
. .1 is* , mii
l=*H 1«%
... L-92V»I SKS
A uia I** ma ted Copper.
Atlanta* Coast Dm. .
Americas Sugar brf. .
Anaconda
American
do. prt
Am. ftmtltug Uef.
do. preferred. , • •
Atchison.
do. preferred. • • .
Americnn Cot'on Oil- .
Am. Car Foundry. • .
Baltimore ft Ohio. . .
Brooklyn lupld T. . .
Canadian Pacific. . . -
Chicago ft North*, n. -
Chesapeake ft Ohio. .
Colorado Foe! ft Iron.
Central leather. ...
do. preferred. . . .
Chicago ft Great. W. .
Chicago, M. ft «t. P. .
Delaware ft Hudson. .
Distiller s Securities. .
Brie
do. preferred. . . .
General Electric. . . .
Illinois Central
i A*n- Ire Securities. f w*i
S fcntjfsTille ft Nashville 147J*
C.ntr.1 s gg
J»r»i. .
JiirJ).' °Ui?i*iC‘’Fiorld«"«tiHii. IH-r hundriMl.
"u-wfl. Nnl». fam-jr. inlu'd. In I"'
nntimlH. U'WilVa. Co«»nal«. h-»»j rultan,.
K i(W. actlv-, at $4.50 aaek. IVatml. n
Mi ka arrra.ln, 100 pound, ,acb, owing to
,r VKfJ cbliaa, cr*»M.
c sir.;.;:': b f.s?r.n* n iV r™?:
«« plant. hi-iIvp. 12.60 «-ralo; onrim-
l.er«, $1.50 (-rail*: comatwa. fain-r. "i’-jXSi
f .60 rrali-: tomato,,, rbolc,, aftlTp, uoyw
25 rrato; lieana, round grwn, W ™ 1 '!
sarsrSa*
rnullliowor. artlvo. «D10o pound; l-tlnr,.
hmdml. $1.0001.60 drum; airw-l poioiorj. jrl-
aw. ai llvo. .50 bnahi-l! awt-rl notnt<H*,.Wnlt<-.
50, luiah,l; kraul. Imlf liarr,l. $3.76;
mUliaga turnip,, l«e. «tr«wlHjrrl„, PtHH,-
_ N
FLOUR. DRAIN AND PROVISIONS.
pLoiJR-aigbMt p»t,ut. $550; l.,.t pai
nt $4.$o; itandard patrol. $4.25: half pat-
ant. K.»0: aprlng wh,at patent, $5.
ColtV—Cbolr, r,'l rob. $9c; No. S wblf,.
$7r- No 2 Ti'll"W. 67r; ndxi-d, 6,--; olil rn»p
pholci-, IWc; old rrop No. 2. *fc; »M rrnn
mill'll. $7c; n,w T,une*„« wbll,. C8c; crack
corn.bcr Jmahcl, 70c.
OATS-Cliolco white clipped, 60e; No. 1
while,No. i mixed. 47c; T,xa»'.nnt-
’"SmAC-Fliln water-ground, per luub,l.
tr.f; Iiolted. 140-ppund Jutm. per hnahel 6"o;
Whorl,, whit*. $160: medium. $1.40; brawn,-
U.S5; pur, bran, $1.2?: mixed brand. $1.15
IIAY—Tlmotbf. choice Inriie bale,. $1.25;
do., cuolctf ainull bolea. $1.25; do.. No. 1
(•l T r, ml r od, V. .29; do., No. 2 clover mixed
lliTmudn, 9<V.
.Id. VliniCi) urninmn.
KY IT- Georgia, $1.00; Tcunesaee, 90c. Bar-
rtci* are f. -
Atlanta.
salt
INTERIOR RECEIPTS.
The following table ahowa recelpta at tbs
Interior towns today, compared with the
same day last year
-P~n:
Memphis. .
Kt. lx»uD.
C'liicliinatl.
1299
74-Kl
5*C4
. ry i
; iMflllos, 2.06 pounds. 10.25; ....
itoit 8.U0; Supreme lard, 10.00;
Luupouml 8.50.
FISH.
Rrcattt, G67e pound; snapper. 10e pound;
trout, Ke |H)un«l: blue fl*li. kc pound;* pom-
patm, 18020c pound, mackerel 8«- |Nmnd. mix-
e$l tl*h. Se pound; fresh wtuer trout.
l>oiiud; bar shad, 600*8*; r$>$*k shad, 2f»05k\
GROCERIES.
fiti(IAIt-fitnn«mra grnnmated, $8.10. Ns*
York refined, 444c; plantation, lc.
COFFEE—Boasted Arbuckls’s. $14 50; hulk
In bag* or barrel*. 13V; green 11012c.
RICE-Carolloa. 4V607HC, according to tks
grade.
C11KF8E—Fancy full cream dairy, UV4c;
twins, l6o.
Hbredded biscuit. $5 cate; No. 2 rolled
oats. $1 ra*e. Hack grits. 92 pound bags.
$1 «8. Oyster*, full weight. $1.7l» case; light
weight, $1.10 case. Evaporated apples 7\c
pound. I’epper, 18c. linking tHtwders, $5
«-.tse. H«h1 KJtluiou. $8 case. 1‘lnk salmon
$4.36 cate. Cocoa, 39c; chocolate 3Sc: snuff,
1 pound Jars, 4Sc. Roast beef, $1.39 case.
Corned Iwef, $1.39 cast*. Catsup, $1.89 caa*.
Hlrup: Now Orleans, 35c gallon; corn 28c
... - P<
Hod* crackL._. ....
tor 7c. Barrel cam.,
per pound, %•
GIBERT ft CLAY'S
DAILY COTTON LETTER
New Orloau*. Ircc. 12.—Option* In Liver
pool dually closed 28 points lower than
on the previous day. while the s|N»r sli-
iiatlou denoted further activity by sales
of 14,000 iMtles at *-|C lower iiuutntUms. The
willingness of spinners to buy after sm-h a
rapid’ shrinkage (u value* was 'Imihth-MM
tiecoimtalde for the resistance shown by
• •ntIon* by conforming to etp$*rtatloiis on
the «*|H*ulng of the American markets. As
Itenrlsh an seems the government <|unntl-
tntlve estimate of 13,u4<.99o bale* for th
present growth, there are many who main
tain, and with some Justice ntao, that for
sidle to come
Axle greaxc. $1.73.
i. «V4c pouud; lemon 7‘ic; oy*-
* dy, |»er pound, 6c; udx-
«-»», (in |niuiN, «r$kc. Tomntoes, 2-|M)und,
ft.W caaa; Jr»ouad, $2.25. Navy tiesna, $2;
Lima beans, o'4c. Best matches, |»er gross,
$165. Macuroul. 6Mf&7c per pound. Hnr-
dines, mustard. $3.25 « n*c. l'otnsb. $1,250
1.49 $*ase. Peanuts. SHc. Rope, 4-ply cot
ton |3Hc, Soap, $1.&104 case.
NEVV YORK COFFEE.
the
BVVBWBH sappointliig m
Eur«ipenu selling orders an»l local 11<|iil<ln
tfoii. There was also some selling which
whs Hiip|M>se«l to 1m» ngalust purchases In
Briiiil. although the parity l»etweea hx-nl
contract* and the primary markets f$>r ac
tual coffee |* believed to Ik» i|ei*ide«|ly
Missouri Iltcffic.
NAME OF STOCK.
.V 1.. Uui. *: to «e*e$ l.
Naf.'iMisl Dsd. . . .
Nurtbwru Pacific. . •'
New York Central. . -
Norfolk ft Westtrra. .
IVuiiaylraufa
People's lias
Pressed Klcvl Car. . .
do. prefsrrwi. ... .
Padilc Mall. ......
Heading . .
Republic Steal. . ...
R6ek Island.
^ do. prsferrad
Cnlted States Itubhsi-
do. prsferrad. . . .
Southern Pacific. . . .
boutbem Railway. . •
do. nrsferrad. . . .
Slosa-Sbefflsld
Tenn. Coal ft Iron. . .
Tsxaa ft Pacific. . .. .
Valon Pacific.
United States fitaal. .
do. preferred. . • .
Va.-Car. Chamlcal. . .
do. preferred. . . .
Western Union
Wabash
do. preferred. . • . .
Wisconsin Central. • .
do., preferred. . . .
T
81*4
67
53
197*4
95H
i
7$U
r m
w
•» T ‘
‘ST 4
‘*421
- , 1«J4^
a KM 86
Is
T»tat‘ateff’k sale* today 850.100 ’shares.
NEW YORK.
a 1 n
■5-1 -
1
2
if
!
il
bee. . . .
Jan
Feb
March. . . .
April. . . .
Mar
June. . . .
July
Aug
9.311 9.41
9.59 9.52
9.50 9.50
9.60 9.69
9.58 9.69
9.63 9.82
ura[ 9>7
9.75 9.89
9.69| 9.69
9.39
9.39
9.50
9.52
9.68
9.63
9.63
9.75
9.69
9.40
9.0
9.60
9.64
9.69
9.79
9.73
9.87
9.69
9.40-41
9.48-49
9.67-58
9.64-65
9.70-72
9.77-72
9.81-83
9.86
9.69-71
J.^S-38
9.4.-48
9.56^8
9.64-65
9.69-71
9.77-78
9.81-83
9,84-85
9.66-67
LIVERPOOL.
The following figures give-the, opening
ange and close, compared with yesterday:
Doc 6,45 -5.47 6.46
Dec.-Jan... 6.43 -5.4H4 6.40 6.36 5.64
Jan.-Feb... 5.40 -5.:2> 5.37% 6.83 5.61
Feb.-Mar.. 6.39 -5.18 .... 6.33 5.61
Mar.-April. 5.49 -5.38% 5.37 6.33 5.61
April-May.. 6.49 5.»% 5.85 5.63
Apr! —
May-June.. 6.0 -5.42 6.42
June-July.. 5.44%-5.44 6.0
July-Aug... 6.45 -5.44% 5.44
Aug. Sept. 5.36 jl 5.ffT%
6.34*6 *"-«4%
5 38 5.66
5.39 6.67
6,32% 5.60
Closed steady.
NEW OBLEANS.
The following Is the range In cotton fu
ture# In New Orleans today:
i
a
!
la
|
a
-V
Dec
Jan. . . . .
Feb
March. . . .
April. . . .
y*j'
Juno. . . .
July
9.83' 9.93
9.79 9.92
9.79 9.79
9.83 9.98
fctfjiaio
io'ijio.ii
9.8$
f-.:r
9.79
9.S.T
fJI
0.12
9.93! 9.92-931 9.96-97
9.92 9.91-92 9.91-92
9.79 9.93-94 9.92
9.981 9.97-98' 9.96-97
110.02-03! 10.01-03
lO.lOiUW9-10 JO.06-69
|10.14-15| 10.18*15
10. IS! 10.20-22'10.20-22
Closed steady.
NOTES ON GRAIN.
Pointers on Provisions.
Chicago. Dec. 12.—Wheat Is weak on'the
Valentine selling, which 1* steady.. -May Is
down to 78%c.
Ktlll very frlendl.v to long side of wheat
and .corn. *
Dfferliig* of provl*lon* are small ami
Home local effort to buy caused the marker
to react quickly. Keller* of yesterday
fevering today.
The northweiitorfi market shows only half
the decline our* doe*.
The Phlcago Evening Post: Government
report of the winter when! sown thin fall
gave tin* condition nt 94.1. which coincides
exactly with the figure* of condition given
at the corresponding time ls*t year, but
an lucrciiKc tills season of about 120,000
acre* In the nren sown MiggoMfed to the
statistician about 7.000,1)00 bushel* more
wheat an being Indicated, or a total of
nlMMit 6417,000.000 bushel*. Aft«*r all, tin*
general conclusion appeared to b«> that
there was little urn* In making cNtlmnte*
now of the probable result next harvest.
A* one broker who made no estimate no hi
id those win*.did: -TtUyy pie.lUu? *U«: uuui
whose wife Ini* Just presented him with a
lo imoiimI boy. calculating from the xv«dght
and licaltliy I«*»k of the newcomer that he
will live to In* eighty year* of age."
Government announces that It* final cstl-
the total acreage, production
farm value* of.|(u* principal - —
will 'be ttlMfic ’ I»$H-emh$*r JK
WoVld * wheat shipments:
I ji si I'revioUs lain!
Week. Week. Year.
. 4.lS9t;.0*tO 4.824.IM) 4,568.000
. 2.249.099 2.336,009 3,809.099
. 1,792,009 1,214,000 2,lft4,0oo
608.000 188,000 752.0014
176.000 416,009 1,240,000
89.009 4M,00>) 240,000
80.000 240,000 32,000
, 304,000 208,009 16,000
TntgU........... 12^976,000 10,06,000 12,7^,00^
Liverpool—Total ’.world'* shipments of
. emlstuff* during
els. against 10,4
1906
WHEAT MARKET
OPENED HEAVY
• ’ . , K
Mure Liberal OfTeringx From
West and Southwest -
.Main Factors.
Amcr^’Ait
lluHKtnn
Da nubbin
India
Argentina
Australian
Austria-Hungary
l’lille-8. Africa..
ek ami 2,568,000 bushels i
_ .. ikon hv __
last week 8.432,000 bushel*. Sguflfist 4,184,000
bushel* the previous week and 4.4S2,00u bush
's a year ago.
ltr«H.uihall cables that according 4o a ca-
c from Mr. ! leaver*. Ills Argentina
agent, tin* when! harvesting la progressing
uvoraldy. The corn in th« North I* not
romlKlug well, owing to thfe dryness.
New York wires of corn us follows:
'Condition* certainly weak here. ('ash
market I* easier nud bids for shipment
lower than last week Till* Is the cor
rect Index to export conditions,"
A. n. Slaughter A Co., said: "We ask-
$61 our Antwerp correspondent* Saturday If
they c\|M*cted a material decr»*n*o In th«* j
Uu**lan slilpmciit* the balnric«> of tht* se*-;
son. to which they replied a» follow
peel normal shipments.’ "
Chicago, Dec. If.—The wheat mar
ket closed with a steady feeling, but
at losses of 3-80'5-Sc /or the day. Horn
wan off 1-403-Sc. Oats down 1-40)
3-8c. Provisions were off a little.
Helling caused an early dip In wheat,
but there was a better demand later.
Cash business here wan reported at
38.000 bushel# wheat, 25,000 corn and
160.000 bushel* oats. . -
The seaboard reported 10 loads wheat,
5 loads corn and 80,000 bushels of
oats.
Primary wheat reeelpts 702,000 bush
els and corn 588.000 bushels, against
944.000 and 1,016,000 bushels, respect
ively, a year ago.
Clearance* were 601,000 busjiels
wheat. -96,000 bushels corn *and 26,000
bushels oats.
CHICAGO GRAIN MARKET
Dec
May
July
CfORN-
Dcc
May
July
OAT8-
T)ec
May
July
FOUR—
Jati... lo.T.i
May... 15.96
LARD-
8.60
8.57%
Open.
High.
Low.
Close.
Clan.
r s%
79
71%
74%
79
78% .
73%
77%
74%
m
M%
7S>4
«*.
42%
44
4%
41%
43%
44
86
44
44%
m
MS
34 .
:w
33%
i
33%
35%
35%
:«%
34
Ss
Id. 75
16.00
THE WEATHER.
LOCAL FORECA8T.
1,
WEATHER CONDITIONS.
The area of high pressure has moved east
,W*rd during the laot 24 hours, atul has
vsttOfd considerably colder weather over the
eastern half of the rottou belt and along
the Atlantic coaat Into New England.
The ares Of low pressure fn the northwest
Is causing higher temperatures nt most
stations between the Mississippi and the
Rockies.
Rain has fallen on the pacific roast sml
snow In the northern Rocky Monntslii dis
tricts. Little or no precipitation Is reported
east of the Rocky Mountains nnd clear
weather prevails at most stations.
The conditions favor fair weather In this
section tonight and Thursday, with rising
temperature.
Minimum and Maximum Temperatures
and Rainfall.
Observations taken at 8 a. tu„ 75tb marl*
Min.
-I
^"kid
fitly."
SIDES -
8.35
8.15
r 8.57%
8.52%
8.42%
3.47%
8.47% 8.35
8.59 ,8.40
( ASH WHEAT—
No. 2 red 731*073%: No. 3 do 73075: No.
2 hard wluter 74%0$«%; No. a ,| u 720«3.
PRIMARY MOVEMENT.
•Lx- j
The following figures give the primary
.ovement of wheat end corn:
Wheat—Receipts today 702,099 bushel*, last
.STOCKS REVIEWED
BY NEW YORK SUN
rk. Dee. 12.—The Kuu says: "Al
though It was a matter of general expec
tancy Monday In the flunnelal district
that within fwenty-foar hours some addi
tional plan of treasury relief of th** money
market would !>e announced at Washing
ton. nnd the *toek market had been strong
for several day* past In tills belief, the
definite promulgation of term* of treasury
Id resulted III a sharp rise In the price
f stock* yesterday. Toward the close of
the day. owing to the active dealing* lu
stocks, higher rate* were demanded. Jam-
don house* were buyer* of a quantity of
• Ai lit* <lWVWl
_ tbe advnii'
made In the Ixmilon market. Whll-
much more cheerful tone ha* beeu «*videut
In financial sentiment In I^*ndon for sev
eral week*, past, owlttg t«* the decided Ini-
provemeni In money condition* there, the
[•living of Americans there yesterday ha*,
doubt. i»..cn largely by «*|M>rat**r* on this
796,009 bushels, against 429,000 bushel* last
forn—Receipts today 5<5.0W bushels, last
week 421.909 bushels, against 1,016,000 bush
els Inst year. Shipments today 257.009 *
els, last week 438,5“ '
buihrla last year.
CHICAGO CAR LOTS.
Wheat.
Corn. .
Oat*. .
I fogs. .
Today. .Tomer.
Abilene, . .-•.*.
Amarillo. ....
Asheville. . . .
Atlanta
Auguata.. . . • .
Birmingham. . .
Bismarck. . • .
Boston. , , • ,
Buffalo
Charleston. • . .
Charlotte. • . .
t.'hfcsgo. . • .
Cincinnati. . .
Corpus Christ l.
Davenport. . .
Dodge City. . .
Kl Paso. . .
Fort Smith. , ,
tJalveston. ...
Havre
Jacksonville. , .
Jupiter. . . .
Kansas Olty. . .
Key West. . . .
Knoxville, ... . .
i,o* i Angeles. . .....
U-n\nUlV :
. I
Mil., Cllf.:.'. .
Mat-lie. ....
Montgomery. .
Nashville. . .
New Orleans.
New York. . .
Norfolk
North 1'latte. .
Omaha
Palestine. . . .
Pittsburg. . .
Portland. Me. .
Portland, ore. .
Kt. Louis. . .
Kt. Paul. . . .
Kan Francisco.
Savannah. . . .
Kpoknne. . . .
Tampa
Taylor su
Thomasville ! 42
Vicksburg ' 4.)
Washington I 22
Wilmington ; In
T luillcates trace of rain
Private Wire to GltH*rt & Clay.
New York. Dec. 12.—Marshall. Spader ft
Co,: "Most market opinions Incline to the
Idea that the immediate future of th**
tuouey market will eohtluue t«» restrict
trading on'the part of lafimren of call
money, though rate* luuy not lie sensation
ally high."
It la expected here that an' official
statement will be given out today or
tomorrow at the latest to the effect
that the negotiations which have been
In progress about nine months, looking
to the purchase of controlling Interest
in the Mexican Central by the Mexi
can government, and the consolidation
of that company with the Satlohal
Hallway of Mexico.
Dow-Jones* summary: Americans In Lou
don stock . %01 above parity.
Great Northern Issues $69,009,000 new pre
ferred stock, with rights to stockholders at
par.
t.’upper stock* In London Iwomlng.
Light demaud for stocks In the losu
crowd.
London settlement passing off satisfac
tory, and no anxiety on money situation felt
then*.
Copper market still very strong, with
buying 111 considerable volume for March
and April.
Twelve Industrials advaneed .31 per ectat.
Twenty active railroads advanyed-.J* per
cent.
New York Financial Bureau: CoosIQera-
Me Kt. Paul Is for sale toward 190. toward
which level realising occurs, hut the stock
mi/ be tonight wlu»n weak for turn* still.
Reading’s reaction was natural, and we
would not l*e surprised to see It Improve
several points from the closing.-
Fuion Pacific also seems In. a {wslilou
to advance further than the high price of
yesterday.
We continue to be bu!l!*h on Steel.'
According to Boston advice*. Hopper Is
ready for a big rise. .
Sugar meets stock still around 137.
Ix>uJarllle and Nashville should do better.
Bull tip* continue to circulate' on Ana
conda.
Smelting cau he put higher.
If Riooklyn Rapid Transit takes the 82
stock, s sharp rise Is likely.
Fuel serins to us to be on the verge of
go«>d suvance.
Bull tip* are noted on New York Central;
also Southern Pacific.
TALENT BELIEVES
THE CROP IS HEAVY
New York. Dec. 12.—The Sun i
n telling blow to the marset for the reason
that very many will be Inclined to add a
million bates or more to the estimate, be
lieving that tho government flgurea are
that much too low. A year ago-It esti
mated the crop nt 10.J67.818 bale# and It
turned out . to be 11.345.983. or close, to
1.209,090 lmle* more than the December es
timate. A* already Intimated, most people
will consider the estimate Issued yesterday
n* altogether too low. It* flgurea of 12.546.-
09) are construed by many as mennlug In
reality 13.090,000 to 13,500,009 bales. It may
be that tietter methods Imre been pursued
this year aud that the figure* ss given out
yesterday are substantially correct, at they
were In 1901 ami a* they cattu* very near
(•clug lii 1902. The difficulty la to know
whether this I* so nr Hot. In the meantime
there Is the bearish construction put upon
It almost everywhere. Ami , It may hove
the effect ’of cutting down the demand
from spinners very materially. If they l»e-
comc convinced that there la 'to be no
month or two have been heavy. Some
make tbe criticism, however, that the unit
ndopted by the buresur that of 5o0-ponnd
bale* gr— *~ *"•-*— • -
pointed our that the weight
this year Is a little over I»20 pound* gross.
Koine take the ground therefore that the
figures In the estimate really point to only
a little over 12,009,000 hales and are therefore
bullish. It Is a fact that Interior stocks. In
spite of tbe recent enormous cron move
ment, bare gained but slowly; nt the same
time, however, the mills' stock must have
been gaining rapidly."
New Orleans, Dee. 12.—The agricultural
bureau's crop estimate of 12.646,000 bales
of 500 pounds gross weight convinced the
talent that the world at large would now
believe production would easily (>qual spin
ners' requirements,- and when tbo smoke of
battle had cleared away tho price had
been sealed by more than $2 A oalt. The
figures themselves have opened up sevaral
serious technical arguments, but the public
knows very little of such thlugs and senti
ment will for the time being at least follow
In the wake of least resistance. The Inte
rior, however, will not likely accept the
dlctnm of the rings without protest. For
bales practically on hla own term* nud the
suddenly changed aspect of affairs tuarket-
wlse will appeal to lilm In every different
light from that In which It appeals to tbe
speculator, on the other hand, were there
no world's financial complications to be
considered, cheaper raw cotton should aug
ment demand to si material degree, on gen-
I eral principle* friends of the staple ore dis
appointed. Itut last analysis price coutrol
must again revert to the character of the
supply and demand relationship. unle*s the
Interior 1* to nhandon the splendid ndvan-
! fa*e It has won In the recent past. At the
moment actual eottoii merchant* cannot
| tiring fhentselvcg to believe the cott
STOCKS OPENED
GENERALLY On
Specialists Say the Pultlie
Had All Stocks Could
Easily- Take.
SOME STOCKS STRONG
Arbitrage Brokers Said Lou
don Bought About 2(),-
000 Shares.
•daj
8% per cent; last loan
New York. Dt*e. 12.—The profit
which veaterday' had been partlniir
ccaled by the strength of selected *i
stood forth more conspicuously | n
market. To some extent the $|e»ir»
wire based on the absence of the e\iMon.,i
plaxatlon In monev rates and upon n*
ontlnued heavy outgo of cash through rh*
Hub-treasury. Since Friday the banks hn\«
now I oat on this account upward of #44.,,.
009. n sum approaching the entire ninmin’t
which they look to secure at th** ••nd
the week from the anticipation of courn.
ment* Interest. Fall money continued t„
hold during the morning at 9 per rent : ,n.|
above, while the. stringency in iho tlnu*
dejmrtinent was *» pronounced n*
.. - A foy Jt°ck« held up v.ry firm
the midst of the general hesvIneM. anion*
them Kt. 1‘aul. Atchison. Louisville mil
Nashville and Copper being.ospeelallr urn*.
Me. On the announcement of the n.w
subscription about to lie offered to Crest
Northern shareholders tin* stock Lr.-u
Mharply. although this news was exported
to exert the opposite Influence. The rest
of the list moved with Irregularitv, hut
generally lost ground.
The stock market opened almost geiuTaily
higher. Anacoudn. Great Northern pre
ferred nnd ht. Pam up %. Northern J’ai jfi$*
1%. Colorado Fuel **. Car Foundry, st.*ei
preferred, nud Pennsylvania %. ami South
ern Pacific and* Copper %. Atchison nnd
Southern Railway unchanged. Cnlted
State* Steel common and Rending down «,
Price movements In the flr*t hour were
irregular. The course of trading showiM
Hint a large amount of stock bought had
been sold out In order to realise the mu.
rial profits made lu tbe last few thus
Specialists In stocks said the puhlle hud
been given about all the stock it maid
easily take, and that any outside demand
around established prices would be steodilv
supplied. There are several strong spot*
In the market, however, Including Northern
Pacific. Colorado Fuel nnd AtcMunn. Ar
Mirage brokers said London Might nUmt
20.009 shares on balance.'
Governments unchanged; railroad l>»»d«
Irregular.
GIBERT & CLAY'S DAILY
STOCK LETTER
New York. Dec. 12.—The market gave
further reflection today of consider*tlr»n ..f
•high money rates In reduced support nnd
evidence $it realising nnd. perhaps, distribu
tion. Bather decided pressure on Beading
nud the Hill stocks attracted attention,
nnd with call money rates ruling a* high
ss 11 per cent, with a further I»*m by th**
banks through suit-treasury operatluu* of
$4,490,000 sine** Friday, speculative InU-ieM
was restricted and the market allowed to
sag, without, however, a display of weak
ness. The foreign new# was nut dlstlm-t-
ly good; strong money rates being -inoted
lu l,o ml on with heavy withdrawals from
the Bank of England for South American
shipment and some talk of gold eugas*-
ments for New York. Meantime, the «t«*ck
market has accepted today's wiling |»r.->
sure and nd verse Influences In n very mi
Isfaetory way, and we do not expect the
dlslndgnicnt of long stocks to l***i»nio *♦*•
MINING 8T0CKS.
LONDON STOCK MARKET.
8TQCKH-
A ina Igs ma ted 1 'upper ..
Anaconda ;
Atchison
Baltimore and Ohio .....
Canadian Pacific
Chesapeake and Ohio ...
Denver nud Rio Grande .
Erie
d.
Great
lllliiuis Central ....
Kansas xtid Texas .
WnlCloo'i'M
..
8WW2964
JW l!»7*4 hr
1 .on 1 1 in* nm| .'\nsnviiio n-*-« •* '*
Mexican Central ; ! 27%
New York Centra4 I3r»> 4 I3»'« t ** «
Norfolk and Western 95% ....
Northern Pacific 222%
Ontario anil Western | 4D% ,-•••
Pennsylvania !l39% W.
Philadelphia and Rending
growing stntei are In any danger of falling ! Houthern tinllway*".WWW
Into <dd-tluiH bad habit* again. L1v*m-|mm»1 ,j„ prefcrreil
Is down a lent t - 29 polnjs.^. Coiire<|ueiiHy j .sj. J*i»ui ....................
THE METAL MARKET.
•M* fruited Ktete* Mteel
j do. preferred
! Wa bnsli
f do, preferred
31% ..
'A
•"•4% ••
M%
. ■
89%; *v
196*4
Nretlon Director.
*«k*»d prlei
le*.
I.cail, spelter
r *|M»t ami nearby dellve
and copper unchnnge«l.
do, preferreU 42% • • r
alou. Pacific 1187% 186%
THE WEATHER FORECAST.
NORTHWEST CARS.
LIVERPOOL GRAIN MARKET.
Georgia—Fair Wednesday; warmer lu the car* Of today, lust weel
northwest portion: Thnraday fair and wann
er; variable winds becoming southeast and Tmlnv
light to frefch. Minneapolis -jv
Wheat—Opened % lower: at 1:30 p.
•arller unchanged to % lower: closed U lower.
" —(tpened % l$>w»»r; at 1:59 p. m..
si; clasevl uarhauged to % high**
! | MlaaDafppI
wanner, variable winds, br<s>mlu'g southeast I
t and light to fresh.
1- J Tennessee and Kenluck.v—Fair and slight- ;
ly warmer Wednesday nud Thursday.
SOUTHERN EXCHANGE
Oldest Established omce Souib.
cono»—signs—sons—mm
Ground Floor Gould Building. Daily
market letter and market manual
mailed on application. ^
side.
mom*,
\ lio. Itecnus**
rate
•out)!** again
■ t«*t hour «»f
: t>**gun to I***
disparity
th*- tw« market*. ;
shifting ItMck their
I'.ugUsh • *pltal. lu !
*<$*«. the money mar- f
*d by tin* expanding
‘12 per
present level*
~ * * * an*
ppiy
need of rut tun to supt
contra da. The ability «.f bold* .
tlnue their policy of piece ineal dUtributbm
I* not seriously dl*pute*l, and occasion the
belief that the process tuay be long drawn
out. I.'vculunily, however, the existence of
11 considerable amount of low cotton, nud
the present crop I* said to contain 11 very
large current*ge of auch grades, will mi -, .
dtMilitedAy refl«*ct iimterlully In rhcaiwm-il 1 May
•^uitrui-t* or else the attraetlon* !•» the June
benrishly with i**t rear's figure*. TK*
.lmidlahy reported &8.990 bag*, ngniust 17,-
909 last year: Ka<* Paul** receipt* for the
day were 72.^78 bag*, against 22,719 last
year.
| cent. Thi* brought nlniut a
th.* market that reused prices
sblentbly under their 1*0-4.'
THE LIVE STOCK MARKET.
'him go. !»$•*•. 12. Ilo**— Estimated re
nt* .Market 5ftl*«c lower: bulk $6<n 1
mixed hog* $&.p*i«.2.>: light |6.9(Hi6.15; 1
pig* $3.3)
$6.1
**1 to
LOWRY NATIONAL BANK
Designated Depository of the United States.
CAPITAL $500,000.(X)
SURPLUS -100.000.00
UNDIVIDED PROFITS 140,000.00
A general banking business transacted.
Foreign exchange, Letters of Credit.
Corresponds direct with the National Bank of
Cuba.
i:»slei
tdosirsbb* I July
emly to
...... J reuse n furthi r ; Augitvt
widening of price* between thnl market | S. pteiulh i
»ut| our **wn. But for the - • 1 -
mtfou* p*»li»t to th** fuffm-m-i
k^UMiid In-Ing MifTP-ietit
IIIh
nl iuovciu«mt t*» market.
l'lo*e«l
ALONZO RICHARDSON & CO.,
Receipt* Kami. Market .. .. .
r; lieex-e-* $3.Pdi7.4’»; .0w* $1.S»
’.re $2.2>d«4.»7»; heifer* $!»)©;
.e*^*7-7.‘*: g«MM| prime «»teer<» $5.4**3
1 t.. iue*llmii |3>m:».4): *t.* k* i
r-< $:0*H4.W.
l'.-«tlmat*-«l ns-elpt* 28.«m*: I*-*
liters ««*ak: i.alv.* 83.^16: we*.
h.'*.K»; yrerliug* $3.6.*t»»l3'; lamb
a.--*tern $!.75«7.9*.
COTTON SEED OIL.
THE AMERICAN AUDIT COMPANY
Homo Ofljor. 100 Broaituny, Xcw Vork City.
F. W. LAFRENTZ, C. P. A., President.
C. E. Manwaring, Vica Presidsnt, THso. Cochcu, Jr„ C. P. A., Scc< and Treat
BRANCHE8
NEW YORK—Waldorf-Astoria.
BOSTON—Exchange Building.
WASHIXGTt IX—Colorado Building.
NEW ORLEANS—Hennen Building.
ATLANTA—Fourth Nat’l Ban!* T
CHICAGO—Marquette Bulldlm;
PHILADELrniA—Bellevue-Straffs
SAN FRANCISCO—Belden Bulldlm
LONDON. ENGLAND—4 King Street, Chenpalde.
ATLANTA BRANCH 1015*18 Fourth National Bank Building-
0. B. BIDV/ELL, Resident Manager.
Telephone, Main *72. ‘ Coble Addrei,. Amdit.
PUBLIC ACCOUNTANTS
AND AUDITORS
Empire Building.
ATLANTA.
Opening, ••lotlug. I
3»%t*4»%
Bell Phone. Main 8:>8.
GEORGIA
WM. L PKEi.. President.
ROBERT F. MADDON. Vtn
7<FJ Man-li nt 37',
F rank Hawkins. President.
■. 14. Atklason, Y. P. Taj miss C. Erwin. Asst, (’ashler.
Joseph A. McCord, Caihfur. R. \V. wyer#, Asst. Cssbter.
Third National Bank
Capital
Surplus
$200,000.00.
$300,000.00.
DIRECTORS:
Frank Ifswkhia.
H M. A'kldieti
Joseph A .McvopL
TIJOMAK J PEEPLES. CasUi-r.
JAMK* t:. t.ESTEU. Assistant • s»9*«
IAK. P WIMixMt. Assistant ('a*-‘* #
WADD0X-RUCKE8 BANKING COWPANV.
CAPITAL $200,000.00
SURPLUS AND PROFITS . . $500,000.00
Accounts, small as well as large, invited.
3 1-2 per cent interest paid and'compounded rcr.v
1 , annually in our Savings Department.