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SRHfRVRI — ' THE ATLANTA GEORGIAN, SB LITTLE feature K Tone Was Steady Through out the ay’s Session. Trade ull. SHORTS COVERING Over Ginners’ Report Thurs day aud the Approach ing Holidays. Early adrlrs* from the Liverpool market cotton. Unit price advance In , ng 6*©6* points be low the clow of Tuesday. A loss of lft I* points was exported. On covering hr snorts nn advance was started soon after the opr" lng. resulting In n recovery of about hi the early loss, the close l>elng very steady 2fc3 points lower. Following la the range In the active months In Liverpool today. Open. High. Low. December 5-27 5.WJ4 } Jannary-February 6.30 5.12* 6.27 Marcb-Aprll 6.32 6.35 5.29 May-June 6.36 5.39* ,6.54 Spots were In fair demand, with prices easier. Middling was marked down 9 points, spinners taking 10.000 bales at the New ’York did not fully respond to the English decline, openlg 4ft6 points down, when It was due about S |>olnts lower, the late recovery In Liverpool Inducing n rov- erlng movement on this side under which the morning trsdlng was done at slowly advancing prices. Following la the statement of the semi- weekly movement 1906. Receipts 14.946 Shipments 132,206 1905. 1904. 76.439 96,829 61,063 90.080 Htock .. .7..... •..... • ■ 487^884 475.136 545.231 In Its weekly review of cotton Monday morning. The New York IJornld says, In reference to the trade In cotton goods and the legitimacy of the last government crop estimate: “Features tending to revive confidence In a materially higher market are the re assuring reports with regard to the tmde In cotton goods, advices talng that there Is no accumulation of stocks nt nny point, that mills everywhere have contracted for their full cnpiirlty, for the Imhincc of this season, at least, aud that the quotations of goods show no shading whatever, nnd. In fact, on some lines are one eighth cent higher. Writing from Liverpool under re cent date, an old established house an** that never In the history of the trade have Manchester spinners enjoyed a bigger re turn for their money thau la now being received. “In discussing the legitimacy of this last government crop estimate It might I hi well to take Into consideration the fact that while heretofore the deportment has always underestimated the crop, the chances ore that this season the official estimators have endearored to re-estalillsh their credit by putting out s figure which. If It deviates at all from, the actual crop, will be rather too high. If the govern ment had said anything about acreage In Its last report there might be more din position to regard the estimate aa approx) matclv correct, but Inasmuch as ncream waa In no way altered, It Is going to In a pretty hard matter to convince the trade that lesa than 29.000,000 acres are going to produce 12,500.000 bale*. There Is this much to l>e said, however, and that la the ostl mate Is In bnlea of 600 pounda gross weight, which does not necessarily mean 12,600,Ofg running bales, especially so when It Is re -• 1*.^ u r|(t D f Decem was nearly 624 am bo taken to the season will be at least 616 pounds. “Therefore. If the government's Idea ns to the actual production of pounds Is at fill correct, the chances are for n total pro duction In bales of not a great deal over 12.100,000. Whether this would be enough cotton to satisfy trade requirements for the season time alone will tell. Hut Judg ing from the consumption outlook, a crop of i terlally smaller than at the same time a year previous." Trading was dull during the afternoon session, and under moderate realising salea sold off slightly, the cloee being sternly 3 ft6 points lower for the active poslttous. Comparative receipts at U. K porta: Net receipts today 67,629 Bam# day last year 34.365 Increase 23.1064 Total receipts for four days 253,056 Fame days last year 160.604 Increase i *3,452 NEWS AND GOSSIP of the Fleecy Staple. Private Wire to Glbert * Clay. New York, Dec. 19.—Liverpool at 12:20 p. m., 5*ft6* lower. Waa due 102* lower. .On this basis wo should open about 6 lower. The Journal of Commerce: “Several mer chants are revising their views of the mar ket because of the steadiness with which the demand Is keeping up from small of goods. Merchandise Is scarce, on<! measure of scarcity seems Increased . cause of anxiety to place further orders on the books of mill agents." ~ crctel: ___ idar that crop would avarage middling. It .Is a nice little market Just now—all In the family. This Is what some people have been working for, for aoroe time. The South continues to sell, but the South does not seem to be doing any speculating. * a gambling proposition, the South al- ys buys, so that the selling It Is mod- ly doing may be put dowu as against the actual low grades. The market needs a Price or a Sully. Bul ly la now making aoap, but Price la still In the game, and seems to be simply saw ing wood. There seems to be no new man i the cotton horlson—the more the pity! Can the national government get a tat- >r report from the sinners of Mississippi inn the state of Mississippi can? New Orleans. Dec. 19.—Liverpool at 607 down Is very disappointing. A decline or 1 Today's market Is dull and featureless. Edited by Joseph B. Lively MARKETS Mr. Lively's twenty-five years* experience of ed iting markets In Atlanta nnd the South has made him a recognised au thority In bis specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS IMPORTS INTO INDIA SHOW BIG INCREASE Washington, Dec. 19.—Consnl General W. It. Michael, writing from Calcutta, states that “the Import of cotton goods Into India during the last three years" was as fol- durlng the lows: In 1904, goods 2.1 lu JSKC, yarn 3Q.G 2,287,000.000 yards. In 1906. yarn. 45,700,000 pounds; goods 2.461,000,000 yards. nrt)j 2MOO.OOO pounds; piece 006 pounds; piece goods, piece The province"of 'llcngal haa taken a1>oat goods, and It Is. therefore, argued that the boycott has not up to this time cut much of a figure In reducing Imports of cottona and cotton yarn, which coma principally from Lancashire, England. Hut, for the five months of 1906, there has been a reduction In these figures. Bengal Imported last year by sea 16.000,• 000 pounds of twist and yarn, against 8,000,- / “* A pounds the year tafors. Tola ahowa. It lalmed. that hand-loom weaving has In creased tremendously, and that the people of Bengal, as a whole, are not Influenced to any considerable extent by the boycott. Bengal Imported a greater quantity of cot ton pleco goods In 1906 than In 1906, which la considered positive proof that the boycott has not ns yet hurt the Lancashire district ery much. BEARS AGGRESSIVE; MOVEMENT HEAVY. Same time last year 4,7X1.061 666,525 Houston 1905. 16,005 to 1S.OOO 16,000 to 18.000 11,000 to 16.000 Same day last year , Increase Shipments today ... Same day last year ., Increase Stock on hind today , Same day last year .. increase SPOT COTTON MARKET. Liverpool, easier; middling uplands E antes 10.000. Atlanta, steady: middling l'V. New York, steady; middling 10.45c. New Orleans, easy; middling 10*o. Augusta, steady; middling 1<>*<-, Ht. Louis, quiet; mlddliug 10%c. Boston, steady: middling 10.-4.V, Gillvestou, easy; middling 10*<*. Norfolk, steady: middling H»Li\ Baltimore, nominal; middling Mobile, easy; middling Its-, Wilmington, quiet; middling 9*e. Charleston, steady; mlddliug 9\v. TODAY'S PORT RECEIPTS. The following table shows receipts at the Interior towns today, compared with the same day last year: hurts’. New Orleans. • . Galveston. . . • Mobile Havituunh Charleston. . • • Wilmington. . . Norfolk. . . . . Boston Philadelphia. . . Port Townsend. Jacksonville.. . . Total 7999 10168 INTERIOR RECEIPTS. The following table shows receipts at the interior towns today, compared with the same day last year: 1916 lfi*W 123) 62W •771 1270 ‘ isuT New York, Dec. 19.—The Sun says: “The effect of large receipts and raiding by lo cal operators was nppareut In the decline which took place yesterday. Bear aggres siveness seemed to he not badly timed. Few cure to enter Into new long engagements on the eve of the ginners' report and the Christmas holidays. Nor are they mnch encouraged to do so by the carefnlly circu lated rumors that there are likely |o bo large tenders of low grade cotton on Jan uary deliveries next week, since low grades, as everybody kuows* are assigned a much greater value In the fixed differences exist ing here limn Is allowed to them In South ern mnrkets. Low middling here nt only 50 points Mow middling Is rated nt double the value assigned to It at tho South. It remains to be seen whether these predic tion* of big deliveries on or about tho 28th Instant are to bo verified, or whether they will turn out to be mere alitrmlat rumors alerted for speculative effect. Ho much for the purely speculative Influences affecting the market. The things which have n more Immediate .bearing on the cot ton trade ’prober, hat which for the mo ment. nt least. are Inoperative here, are the big; demand for. the actual cotton, the scarcity of desirable grades kud the Increaa- Ing evidence of a very large. If not unprece dented consumption of American cotton In one shape or another all overt he world.*’ New Orleans. Dec. 19.—The Times Demo crat says: “Disappointing cables and aomo heavy selling at New York, which waa ac companied, by a rumor to to* el.M that a poo! bnd bean formed for the purpose of de- foie the spfcoiatlve market. _ SpL. without recourse to the future market. Yes terday at a time when New York-January contracts were sidling at 3.22c, buyers were bidding 9.76c lasts middling for cotton f. o. b. interior Triaa. ixviils nnd wero ob taining none. WhBe this conflict values la ntt. acting widespread attention through out ilie South, tho fact that the farmer and not the speculator la pocketing Oie profits alters th* aspect of coton market affairs hurdly to be expected that tomorrow’s gin iters' report will bo small eunuch ' rant bullish elation for tha ol>vlou< reason - small eunuch to war- elation for the obvlot.4 reason tint the record-lreaking movement must hnv«- been predicated ujion record-breaking activity among ginners In all parts of tho Mt. Had such not been the case, spin ners the world over would now be facing consumption curtailing scarcity cf raw cot ton supplies. FuiMImi financial complica tions abroad and at home arc not condu cive to bullish enthusiasm ' npi In sures would seem to Indlcnt * »t the sl ot market alone will be compete » fight the staple's battles In both market livisions un III well iuto the new ye»r.“—Olleit Ac Clay, GIBERT A CLAY’S DAILY COTTON LETTER. NAME OF STOCK. Am.rlci* augir K»f. . Anaconda . . • American LoeomotlT*. do. preferred. . . . Am. Bm.lttu Bet. . . . do. pretend. • • . Atehlaon. ..... do. preferred. .. . American Oot'.n OIL . Am. Car Foundry. . . Canadian a acme. • • • * * • . aSBAYSsa::;:': Colorado Foal A Iroi. . . . ,. Central Leather. . do, preferred. . Chicago A Great W Chicago. M. A ML P Delaware A Hudsoa Distiller's Securities do.'preferred* 111!!!! General Electric. ....... Illinois Central. . Am. Ice Securities. ...... Louisville A NaahvUlgi .... Mexican Central. ....... Missouri Padfle Total stock sales today 1,716,800 shares!** 81 St. Pnui ex-rights closed 33*. NAME OP STOCK. N. X., out. A Western. National Lead Northern Pacific. . . • New York Ceutrel. • • Norfolk Jt Western. • Pennsylvania. ..... People's Una Pressed Steel Car. . • _ do. preferred. • • • Pacific Mali. Reading Republic Steel Rock Island _ do. preferred. . • • United States Kubbet. do. preferred. . . . Southern Pacific. • . • bonthern Railway. . . do. preferred. • . . Sloss-Sheffleld. .... Teun. Coal a Iron. . . Texas A Pacific Union Pacific United States Steel. . do. preferred. . . . Ye.-Cer. Chemical. • . do. preferred. ... Western Union. .... Wabash do. preferred. • . . Wisconsin Central . . do. preferred. . • . m 22’ 32 si NEW YORK The following Is the range I tores In New York today: Dec. . . Jen. . . Feb. . . March. . April.. . May.. . June.. . July.. . August.. n 1.16-11 9.16-17 9.38-15 9.45-46 9.63-66 9.61-62 9.66- 68 9.71-72 9.67- 69 pita 9.22- 23 9.23- 35 9.48-49 9.67-68 9.65-56 9.71-73 9.77-78 9.63-66 NOTES ON GRAIN. * Pointers on Provisions. For the five exports of wh flour from the United States aggregated 69.975.000 bushels of wheat, compared with 62.826.000 the same five months In 1905, an Increase this year of 16,149,000 bushels, or nearly 30 per cent. Exports of corn for the name time were 30,681,000 bushcla, compared with 42,931.000 bushels, a falling of this year of 22,350,000 bushels. The amount of wheat and flour aa wheat now on the oceans la 80,648,000 bushels; corn. 19.841.000 bushels. I^ist year the amount or wheat was 31,384,000; coru, 15,972,000 bushels. During the laat week wheat decreased 736,- 000, corn Increasing 81.000 bushels, Last year the like week wheat decreased 4,562,000, corn decreasing 1,104.000 bushels. Exports of hog products last week: Pork, 2,424 barrels; lard, 10.186,000 pounda; meats, 21,662 boxes. Laat year: Pork, 3,900 barf els; lard, 16,147.000 pounda; meats, 23,213 boxes. BroomheU cables that the Spanish council of ministers hse authorised tho minister of finance to Impose an additional duty of 2* pesetas nn wheat per 100 kilos. Tue duty up to January 31 amounted to 6 pesetas per quintal. World's weekly grain shipments: WHEAT. LIVERPOOL. Th# following flfiir,, (Its tb, opsnlnf ran., .off clow, compared with yeitcrdiy: Future, opened etu Prerlou. tic. 1p.m. Clow. Clow. Owning Ran... December 4.2S Deo.-Jan (.a -6.27 Jan.-Fob (.a .6.29' Feb.-Mar. ...4.10 4.0' April- Majr-J ■ •gaol Clowd r.ry ateady. WHEAT OPENED A SHADE LOWER Due Mainly to Failure of Liverpool to Follow Tues day’s Advance. sd close, the speculator Is endeavoring to make others happy. Wheat was slow all day, with the exception of s few spurts of activity. It dosed *G*c lower. Corn day. Oats *c lower. lions 2*<|12*c •oAe day missing. America Argentina . Totals ... W i,K| 1.219.000 266,000 1.097.000 2.211.000 ..j 4M71»h;tt6.M 4,712155 TWOffl 90,000 _ 19.000 1676.000 Visible simply of grain In the United States and Canada, so far ss covered by the Chicago Board of Trade report, hundreds omitted: Dec. 17,1 Dec. Wheat, ouibels... Corn, bushels Oats, bushels Itye. bushels Barley, bushels... Total, bushels... 8.719 27.766 2.311 6,334 Dec. nr 1906. 1906. 1904. 43.246 11.136 5.369 24,189 2.166 7,116 fl,414 further uafavorable developments ... flnaurla! situation. Final levels were low- r by 2 points than the previous day’s close, •bile spot transactions, nlthough reduced 9 ulnts In quotations, were Increased to 10 - ,J0 bales. The market continues Its dull and uninteresting course, end today the only feature, if such It can he classed, was the unostentatious covering of shdrts prior to the census report tomorrow, which the government win Issue at 1 o’clock, our time. The near approach of the holi days Is niso hnvlng Its effect upon all branches of the trade, and at the mo ment there appears to he less demand on the part of buyers of spot eotton. The continued heaviness of receipts nnd the bearish rtHpeet of the statistical position of expressions ns to the market's course to exist, but to offset these bearish lh- fluenecs. however, there must always be remembered the wonderful trade conditions II over the world, the enhanced prosperity •f all classes of consumers end finally the nbllity nnd growing Independence of the producer to hold bis products. WEATHER FORECA8T. Georgia—Partly cloudy Wednesday and Thursday; warmer Thursday. I Thursday. Tennessee-Fair and slightly warmer Wednesday; Thursday fair and warmer. NEW YORK COFFEE MARKET. New York, Doc. 19.—The coffee market opened steady at unchanged prices to a decline of 5 points, and held steady dur ing the forenoon, with prices nt midday about net nitchangcd. Trading waa not active and there was no special feature, but bulls seem to he gaining confidence na a result of the steadier toue of the market since the decline to around 5c. and rather bullish gossip Is going the rounds. Ilruxlllsn markets were unchanged, bin cvlpts seemed to be s little smaller at inary points. Bears contend this Is to recent wet weather, hut hulls are look- ^ falling off In the movement.— r (mowing Is ... m mm%m close in (fit New York coffee market for today: Opening .Range. January 6J0 February 6.60-6.70 March 5.70 April May 6.865.90 June 6.95 6.00 lug for Glbert July August September October ......... November December Closed steady. ,.6.00-6.06 €.06-6.15 !!!!!!.6236.16 €.306.40 6.50-5.50 Close. 5.56-6.60 6.6S-5.70 5.75-5.80 6.8S-6.9J 6.96 6.01) 6.00-6.06 6.104.15 6.166.20 6.26-6.3) 6.30-4.33 4.3S-6.40 6.606.56 COTTON SEED OIL. Following were the opening end closing prices on cotton seed oil today: Opening. Closing. December ** — January. ....... Kehrnary. ...... March. ...... t _____ “"■f V • V • • " • Closed steady. LIVE 8T0CK MARKET. ALONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS * AND AUDITORS Empire Building. ATLANTA. Bell Phone. Main 8dS. GEORGIA. I'ltlnlfo, D-o 19.—linn— E.tlln.t«l re- ■lnt« Jn.crt). Mnrk.t aiMilr to o I.Wr: bulk 'Igb* ho,. J..1SO 6.*): ml,ml M.I2H94St9: h.nv, utiohnnsrd; ,ooil to '■ h■ ii''.. boo,} rnttto-'ftfttlmiit«Hl rec.lnl, II.0IV). Mur lri*i -tfO'lr: hrevo. 4l.!.Ki7.2!>: cow. Il.^ii I,.*: Imlfcr. IJ.ac.it*: .■.:lvo. tK-jt'c; ko*«I B rlnir .l**cr. B ,»(,?.*); poor to moillum :»**f6.t6; .looker, .ml froilor. htlMn. rthoop—K.tlmftti**l ro*** lt)t, S'.OOO. Mnrkol «ir.*iiL': milro 1t.SeS.90; w«**i**rti J.B: voorlloir. li hunt*. 11 Tr-u '90 STOCKS AND BOND8. Ihor^l lullrootl I. p, IK lio.*r,i. 4*., 1919 lli 114V KoAionrih St, 1M* lfCH 104 Atlanta Sa. 1911 la 104 Atlanta tfea, IX" W loin Atlanta and Wret l-.ilnt ISO lit* Atlanta .ml WV.t Point <l«h.. 109 110 It. C.. lit Inootno ... »*. It. C.. M Inootno 75 t”. 11 M Inootno 71 <Swrsl* Uallrond Mnk XT .nil corn 871,000 buihela, compared with 823,000 and 1,121,004 bu.b.l., rMp.ctlr.ly, a year ago. Clearance* (or the day 474,000 bn.hola of wheat, 111,000 baihals corn and 21,000 bu.h- el. oat*. Ca.b Ml., ware >7,000 bnihol. wheat, 40,- 000 buibcla corn and UO.OOO bu.b.1. oat. at cblcaio; three boat loada wheat, tbrer load, corn and 8,000 buib.la at tha Sea board. THE CHICAGO GRAIN MARKET. WHEAT- ®il 1 i 1 1 C&KN- Dec 42* ^ 1 16.22* 16.97* lu.07* 16.62* 16.42* 16.42* a il% S» Dec May July : PORK— Jan... 16.15 May... 16.46 LARD- Dec... 8.80 Jan.... 8.82* May... 8.96 s.viys SIDES— Jan.... 8.80 1.66 JSf± !:S H ll* CASH WHEAT- No. 2 red 73* nominal: Nn. 3 do 73^74* nn in Inn l; No. 2 bard winter 74^76; No. 3 do NEW ORLEANS. Tbe following I. the rang* In eotton fn torn In Now Orleana today: !5ec7TTT Jan. . . • . Feb March. . . . April. May.. Juno.. July, Closed burely steady, s IJi II l 9.93- 54 9.90 9.90-91 9.93- 94 9.98-10 10.03-04 10.0869 10.17-181 9.96-97 19.96-98 10.01-02 10.06-08 10.10-11 10.16-17 10.24-25 ATLANTA MARKETS. FRUITS AND"PRODUCE. BOOS—Candled, active, 29c. LIVE POULTRY—Hene. active. 22*®25c each: chickens plentiful, 1502Sc each; ducks. Pekin, 36c each;. puddle. 25O90e each; geese, full feathered, 66c each; tu^ k %B8ilE T D t POETRY—Geese, nndrawn, active, lO012*c pound; turkeys, undrawn, active, 14® 16c pound: hens, undrawn, ac tive. 13c pound; ducks, undrawn, fancy, 16c pound; fries, active, 15c pound. PHODUcE—Tennessee ribs and bones, 8c; Tennessee sausage. 9c; lard, 10c lb.; hnma octlve. 14c lb.; shoulders active, lOclb.; sides active. 10c lb.; butter active, 15®22*c lb.; beeswax, active. 26c pound; honey, bright, ectjve. 8c poundjj^ honey Jn Dpound_J)lwks» lady pcaa,’ 3100; stock, ^oSi’^-Quall, active, 16c each; doves, ac tive, 6c each; ducks, mallard, active, 40c each; docka mixed, active, fie neb, wild turkey*, active. 16c pound; rabblta, ac tlve, 12*c each; equlrrels, active, 10c each: opossum, dressed, active, 11c pound; opos sum. live, active, 8c pound. UIMI FRU ITS—Lerooni, fancy Meesena, HWO 6.00 Rananas, per bunch, culls, active, 90cCW1.00; straight*, |L50©2.00. Plneapplej, Florid! •V«k.' owlog'to Ju. «nd »“dJffot New York .l.to apptM, winter T.rle- Jerseys, I1L00. * Graps . fruit, Fionas stock! owing to slse andcolor, per SL60 & ■aiK'SS sacks averaging : ounds each, owing to Boetx cibhag, eraUi, .cur., w.04 crat,: cbb.ee, .Uadard rratM. te ^.rnd: e»bA.fr, Iwjrrel., ,2c. pouad; egg plant, active. -12.60 cri 8.10 8.75 8.72* 1.57* 8.75 1.87* 8.57* 8.89 8.87* 8.52* THE SUGAR MARKET. New York, Dec. 19.—I.ocal raw sugar mar ket steady. London bete market steady, with December and January unchanged. THE METAL MARKET. New York, Dee. 19.—At the metal ex- CHICAQO CAR LOTS. Below la given receipts today ani esti mated receipts for tomorrow: Today. Toraor. Wheat 88 Torn. . 184 Oats 124 Hoga 30000 STOCKS REVIEWED BY NEW YORK SUN New York, Dec. 19.—'The Sun aaya: “The news, not published until after the close of business hours Mouday, of an Issue of $66,- 000,000 preferred and 233,000.000 common stock of the Chicago. Milwaukee and ^aul Railroad Company, this Including — olume of outstanding stock capitalisation of the eotupauy by nearly • three-fourths, gave yesterday, like other previous an nouncements of similar sort recently, a blow to the speculative stqrk market, and tbe severity of the shock, being the third of the kind within a week, seemed to come upon the market with culminating force. Iti many ways the action of the Hr. Paul directors took Wall street very much by surprise. The Impression had-become -gen eral that a new Issue of stock by tbe com pany was Impending, but few people In the financial district seemed to nave any would be made or that r that payment •rtlon of It as 810.000.00>) would be naked within so short a time as lean than a fortnight hence, aud would !m» fixed for tbe one day upon which the financial strain Incident to the end of the year settlements would Ih» mostly and the activity of the market was such at to bring the total dealings In stocks up to nearly l.iw.OOO shares, a volume of deal ings that haa not been equalled for several weeks. The one feature of strength In tbe market waa Baltimore and Ohio common stock, which rose at one time 3* points, and retained more than one-thlnl of Its ad os approaching, and that an advance In the company’s rate of dividend distribu tion on Its common shares was medi tated."—Glbert A Clay, e: akra. eix nasxeis. sranu, idowet. active, 8®We pound; lettuce, led, 91.fe0O2 drum; sweet potntoes, yel ective!W buahcl; aweet pote* 0 ****"*!^ active, 60c bushel: kraot, hnif-bnrrel, 13.75; rutabaga turnip., i*c. 8tr.wb.rrir., J6640u ernf*. TIPS FLASHED From Wall Street Private Wire to GIlwrt A Clay. Now York, Dec. 19.—Marshall. Spader & Co.: “The course of the market toda: will probably prove Irregular, and the avl dent Intention of the bnnks to withhold fund* for later requirements will restrict speculative commitments, which would Ik? Influenced by. high rates of call money.” I»on--Jones' summary: Americans In Lon don tsroug, * to 1 nlmve parity, with a rally of 3 iMilnts In St. Paul. Stock exchange authorises negotiable porary warrants for St. Paul rights to pro tect stockholders, permitting splitting Into hundred-share lots. Ilsault of policyholders' election of life Insurance controlling officers still In doubt, but Indlcatloua point to election of admin istration tickets. Kome falling off In demand for structural steel on nccouut of high money rate and high prices for building material reported. United Metals Helling Company advances Its price for electrolytic topper to 23*c per pound. London does not expect that the advance In German bank rate will cause any change In Rank of England rate. Twelve Industrials declined .96 per cent Twenty active railroads declined 2.22 per cent. New York Financial Bureau: St. Paul, ex-rights, should recover sharply, the de cline hnvlng gone too far. Reading waa extremely well bought, and ahould recover well on a big shortage, al though no Increase In dlrldeud Is likely to occur today. Copper and Anaconda are great purchases. Professionals will sell Smelting on rallies owlnr to breaking of support; also Pennsyl vania. W® strongly nrge the purchase of Union Pacific. i-onlsvllle and Naahvllle should be bought to hold: also Steel. Atchison, Sugar. Brooklyn Rapid Transit, and New York Central remain In trading limits. Rock Island. Southern Railway, and Erie should be taught. THE WEATHER. LOCAL FORECAST. For Atlanta and Vlrlntty—Cloudiness and probably ralu tonight and Thtireday; warm hurnlny. WEATHER CONDITIONS. Cloudy wonthfr corora tho Boath nnd rain 1. fnlllna at Now Orleans, Mobile, Mertdtnn, Mncnn, Thomn.vllle, Augu.Ui, Jacksonville, nnd Charleston. At rnoit .lotions la the northern half of tho Culled States other le clenr or partly cloudy. .luring tbe leet 24 boar, tbe nreuuri Inereneeil rapidly nt nioet etatlone en_. the Jllaalsalppl. while to the west It hne decreneed considerably. Today the center of highest barometer Is over New Knglsod, ranging from 10 to 24 degrees. Minimum and Maximum Tsmparaturss and Rainfall. ■ Obaerratlona taken at t a. m„ nth merP FLOUR. GRAIN AND PROVISIONS. FLOi.’R—Hlgbe.1 patent, ».M: heat pat- --10; itnndsrd patent, M.25: half pat- spring wheat patent, fa. Choice red cob, Wc; No. t white. eat. M.W, unnusra p«ieni, ea*»x “ ;, K DO; aprlng wheat patent. K. COHN—Choice red cob, Wc; No. L 64c* No 2 yellow, 87c; mixed, 67e; old crop choice, 88c; old crop No. 2. 67c; old crop mixed. 67c: new Tennessee while. 63c; crack corn, per bushel, 70c. OATS—Choice white cl white, 47c; No. 2 mixed, wnt.r-gronnd, per biiebel, AV bolted. 140-ppnnd Juice, per bushel «0c: Bborti. white. H-M: medium. «.«! brown, II.SS: pare bran. tLS; mixed brand, ILIS. HAY—Timothy, choice Urge bale., |t.»; do., cootce enioil bale*, >1.»: do.. No. 1 clover, mixed, 21.20; do., No. 2 clover mixed 1116. Choice Bermuda. 90c. RYE—Georgia, 11.00; Tennessee, 90c. Bar ^’he^SMore prices are f. o. b. Atlanta. PROVISIONS—Supreme hams. He. Dove bams. 16c. California hams. 39 00. Dry salt extra ribs, $9; tallies. 20.25 pounds, 10.2o; fat tacks, 8.0): plates, 8.00; Supreme lard, 9.81*; ■now Drift compound 3.60. trout, 8c noun 1; blue ••■u. m |wu,m t )sno. lSf»2oc pound, mackerel 8c pound, mix ed fish, 6c pound; fresh wtaer trout, M/iuc pound; bar shad, 60C60c; rock shad, 231:30c. GROCERIE8. COFFEE—ttoarted Arbnckl. e, Hi W; balk In bags or barrels, l»\c; green 11912c. RICE—Ce roll no, 4HC7Hc. according to tha ^CIl'EFflE—Fancy full cream dairy, llfee; twins. 16c. Shredded bleqtiL 36 ease: No. 2 rolled oate, S3 case. Sack grits, 92-pound bags. 31.66. Oysters, full weight, 31-76 case; light weight. 11.10 ctse. Evaporated apples 7%c pound. Pepper, lie. Baking Powders, $5 case. Red salaotL-IS cate. Pink salmon I4J6 cam. Cocoa. 19c; chocolate «c; snuff. I-pound lira, 48c. Roast beef. 31.30 case. Corned t>eef, 31J0 case. Cataup, 31.80 case. G Sirup: .New orieena. J6c gallon; com Sc lion; Cube 33c radon; Georgia cane, 36c. It, 100-pound, l0c. Axle grenae. 31.73. foda creckera. I*c round; lemon 7*e; ore- ter 7c. Darrel ceudy, per pound, 6c; mix- ^ per pound, «*c. Tomatoes. 2-paund. caee; 3-pound, 32-25. Navy beans, 12; rbeans, 6*c. Rest matches, per gross, “ “. Macaroul, €*G7c per pound. Bar- -—e. mustard. 33.26 case. Potash. S3.2S0 180 case. Peanuts. 6*c. Rope, 4-ply cot ton 13*c. Soap. 11.6)04 ease. LIVERPOOL GRAIN MARKET. Wheat—ripened * higher; at 1:30 p. m., * lower: closed * lower. Com—Opened * higher; at 1:30 p. m., un changed; dosed unrhnnget). Abilene Anmrlllo. . . . Asheville. . . . Atlanta Auguatn Birmingham. . . Bismarck. . . . . Roston. .... Buffalo Charleston. . . . Charlotte. . . . Chicago. . . . » Cincinnati. . . . Corpus Chrlstl. . Davenport. . , , Dodge City. . . El Paso. . . . Fort Bnilth. . . Galveston. . • . , Havre Jacksonville. . . Jupiter Knnsna City. . . Key West. . , . Knoxville. . . . I’noe Angeles. . . Mncon Memphis. . . , Meridian. . . . Allies City. . . , Nashville. . . , New Orleans. , New York. . , Norfolk North Platte. . Omaha. . . . Palestine. . . Pittsburg. . . Portland, Me. Portland, Ore. Ht. Louis. . . Ht. Paul. . . . Han Francisco. Mnvnnnnh. , , . Spokane. . . , Tampa Taylor. . . . . Thomnsvl|le. Vlckshurr SOUTHERN JXCBAN6E Oldaat Ealabllahed Office South. COTTOI ST0«:—BOIOS Mill Ground Floor Gould Building. Daily market latter nnd market manual mailed on application. \ l< k.hurg. . , Wellington. . Wilmington, , T luillcate, trace of rain or auow. ST, FillL ICW TUI HIM FACTOR Other Stocks Followed Closely Movement in That Issue. STARTED AT ADVANCE Important Announcement & Expected at Meeting This Afternoon. New York, Dec. M.-The dliqul.tlng t. ddenta which upset yesterduy s made their course felt with even - , 1 Inten.lty In thl* morning'* Uenliim. " r - r came higher front London, and for m ~ or more lifter the local opening •hare of rcilitance waa made Tin n ik outpour of atocka began again, and It ed fur the t me herng n* if ,„ pl „ ir ,' completely withdrawn. Tbe high irl* L jttte* melletl nway point, at a tltt,” w,,u In the atocka which have ■ wider iuarlwt tbe decline*, althongb more orderly ..... ocurcelr lei* ocrere. By midday li, from 2igS point! were recorded all t| ; r,„, c i the 11*1. The market wa* suffering idaid. enotigb from two dlatlnct caoae»A,De Si •entlment of nnenrinea* and dlatra.t nted by tho great ralhvay* .lock l„’i which linre been announced within th.* m.t week; the other the alarm occaaloue/fi the extreme atrlngency in the mone* ket. Call money opened today at ' cent, went a* high ne 26, nnd did not rX, during the whole morning below a net c m anil tlila in aplio of n gain of Ji . reported liy the bank* thl* morning nt in. local sub-treasury. It waa Impossible nnr longer. In view of the known lucre;.* u, cnah supplies, to explain thl*. eicrm „ the ground that the principal lender, money were deliberately withholding theij accommodation In order to force liquidation on tbe stock exchange. New York. Dec. 19.-St. Paul opened rights at IM, a* against a clo.lng -• yesterday at 186ti. The market for th. moat part abowwl adrnnees. Great North, cm ore certificate* opened lli up. At.-lit- •on advanced l: Baltimore nnd Ohio gain. sL^JSMJrtei are * and Union Pacific *. Trading In tbe stock market wn* | n - fluenccd almost wholly by the action of Ht Paul this morulng. nnd during tb- first boar nrice movements <n that stock were dr* f “ •*-" ■" *-- - tlons In Ht. Paul, rights with the opening value of IU „ rights added, made that stock show n prac. tlcal gain of 3* points. An advance of 1 point In 8t. Paul ex-rlfhta to 155 wan quick- Iy made, but waa followed by a drop to 151*, after which the tone became *ten<lr with a recovery of 1 point A gooti .wi of Interest was attachsd to the tradinc In Reading because tho directors mem this afternoon to act on the semi-annual divi dend. Some Interests expect that nu An nouncement of some important character will be made. Govcriiment bonde unchanged. Railroad and other bonds Irregular. MONEY AND EXCHANGE. New York, Dec. 19.—Money on cal opened 20 per cent; high 26 per cent, low 6 per cent, last loan 6 per cent; time loans Arm; "> days, 90 days and 6 months, 6 per cent. Posted rates, sterling exchange, 34.79*9 4.84*. with actual buslnee* In bankers’ hills at 3.&29O04.8295 for demand and $4.7830^4-7840 for 80-day bills: comerctePblfis, Cfi7 per cent for 60 and 90 days. Bar silver, 62*. Government bonds firm. Railroad bonds Ir regular. MINING 8T0CK8. Boston, Dec. 19.—Osceola 131; Bntte Col- BMstlon ttj^TOnUy^U*; Mohawk 71; Shan- LONDON 8T0CK MARKET. STOCKS— Anaconda Amalgamated Copper ........ Atchison Baltimore and Ohio Chesapeake and Ohio ......... Great Western Canadian Pacific Denver and Rio Granda Erie do, preferred Louisville and Nashville Mexican Central Norfolk and Western Northern Pacific New York Central Ontario and Western .......... *ennsrlvanta > hllaaeli>hla and Reading .. dock Island Southern ItnRway do, preforrod Southern Pacific Ht. Paul Union Pacific United States Steel do, preferred Wabash do, preferred LOWRY NATIONAL BANK Designated Depository of tbe United States. CAPITAL $500,000.00 SURPLUS 400,000.00 UNDIVIDED PROFITS 140,000.00 A general banking business transacted. Foreign exchange, Letters of Credit. Corresponds direct with the National Bank of Cuba. Third National Bank Capital Surplus Hr. A. W. Calhoun. Milton Dnrgia. Jokn W. Grant. H. Y. McCord. • • a . $200,000.00. a a . . $300,000.00. DIRECTORSi j. H. Nuaaally. Frank Hawkloa. ' J. Carroll Payoa. H. M. Atkintoo. . B. B. Boner. Jotrpb A. McCord. David Woodward. 329£38B£38SSS5SSSSS£2SS£8SS88S8S2S)S8SS8&3SSSS2& New York. Baltlmort, Boston. Chicago. Washington. Atlanta. Ntw Orleans. San Francisco. Philadelphia. London. The American Audit Company W U. . _ 1C0 Broadway, New York City. F. W. LAFRENTZ, C. P. A, Pre«. G. E. MANWARING, Vlea PrM- THEO COCHEU, Jr, Secretary. i. .J„_ Am ! r l c * n Aud,t Co >nP*ny, chartered under the lawn of New Y. .X la empowered to examine the affairs of. and make reports upon tbe Hi aa- altia .1 " SI of prlv * te and public concerns for directors, officers and *Tf . vt . . p . r .S’. a . raU S n “ nd «MUIllnn of syatema a specialty. ATLANTA BRANCH, 101S1018-1917-1018 FOURTH JiAT'L BANK HLTrS. C. B. BID WEIL. Resident Manager. Telephone, Main 872. cable Addrete, AmdiL New Vor*.