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THE ATLANTA GEORGIAN FRIDAY. DECEMBER 21. ISO* COTTON PRICES BETTER FRIT Strength in Liverpool In duced Short Covering in Early Trading. ADVANCE FOLLOWED A Slight Reaction From Top Prices Was Caused by Profit Taking. Sew Y.rk, Dee. 21—The cotton market opened aetlce and strong, Influenced by ed- raneee In Liverpool, which had the ef fect nf running In many of the amaller ahorta, who were not prepared to carry open accounta over the holldaya. Prlcea atarted In >012 polnta higher and held •trong after the call. The agorae of the glnnere' report were not aa beerleh aa had been eipected by the Liverpool market, and. aa a conse quence, opening prlcee In that center were better than due on New York'* done on Thureday, the better feeling continuing up to the cloee, which wee Irregular *011 polnta higher. Following la the range In the active moothe to Liverpool today. Open. High. Lo fe IT Ml l:U la the epot department, a gnod buelneae wee done, spinners Increasing their tak- Inga to 14.000 bates at an advance of > points, middling 5.6W. The strength In IJvorpool Induced cover ing by shorts from the start, resulting In opealnr the New fork market a few polnta hotter than due, flret prices showing ad vancee of front 0012 points, whercag 4 polnta would have covered the English advance at the opening. During the drat hour, the trend was upward, the high point of the morning showing further ad vancee of from *0» points. The glnnere* report shows that 1,074/06 hales were ginned from December 1 to De cember 11. making the total ginned to the latter date 11,MS,000. In the big crop year. 11.N4.000 halve were reported ginned during the same period. 1 . . Following Is.the statement of tha move- 1200. 1906. 1204. Overland for week. B8.S17 *7,964 43,422 Bines September L 406.437 289.869 474,700 fa sight for week.. 609.610 363.974 333.360 Since* September 1.7,411,670 6.606.431 7,439,296 In sight for week, according to Supei Intendent King, of the New Turk eotto_ exchange, 612.404, against 363,779 Inat year. For ;season 7,3*17*0, agalnat 0,616,973 laet 1 The report In detail la as follows: Alabama L133.3*7 Arkansas *70,423 Florida ~ , ».675 Indian Territory 223.094 Kentucky iciulalann 788,909 fs Nofth Carolina Oklahoma Tennessee 2W.97I Texas *•%??? Virginia » 12,114 The number of ginneries reported In operation thin non non prior to December 13 W Tbe sen Is'and cotton for 1806, distributed by states, Florida Georgia South rnrollna 6,666 •Tho New York market doted steady, ne: 12016 point* higher, it* compared with Thursday'* final*. Comparative receipt* *t *11 U. B. port*: Net receipt* today H’Sr 8*me day ln*t year Increase M,6f< K tal receipt* for the week *7,468 me week last year .................. -40,221 increase 117,239 Total receipt* since September 1....K.6U.996 lame time U*t year Increase 746,4® Estimated tomorrow: NEWSeAND GOSSIP of the Fleecy Staple. Private Wire to Glbert * Clay. New York, Dec. 21.-Uverpool at 12:30 p. m. waa 3 to 4 higher. Waa expected ou* rhanged to 1 higher. On tbla ImsI* we should open sbont 6 higher. I.h-erpool market will he open tomorrow. Journal of Commerce: Trade waa light In the primary and Jobbing markets, the weather condition* being poor for any house trade with Jobber*. The activity in the dis trict I* notable, a* shipment* are now l>elug rushed. There are already many complaints being received of delayed deliveries, and It 1* feared that this feature will grow se rious in some quarters after the turn of tue year. New York Commercial: January seems to he as unpopular as a commission man whose guesses have been wrong—and that ly very unpopular. The ceusus bureau doe* not bear the rep utation for being leaky that the agricul tural department does. Hood, Fsmlo & Co. cabled: "Hgures look bearish, but don't forget trade situs, tlon. Bears will get badly eanght sooner or later. 8outh nothing for sale but low grades.” • . Liverpool will have to decline a good deal to get on a parity with this market. Cotton continues to be marketed In Vic toria, Tex., although many of the farmers have already l»egiii» plowing for the next season. It Is believed this year's cotton crop will reach 16,000 bsles, breaking nil previous records for Victoria. » The census bureau gfnhlng report will ..b followed by several others before the final one In late Mareh. The bureau will Is- to January 1, another Edited by Joseph B. Lively MARKETS Mr. Lively’s twenty-five years* experience of ed-’ Itlng markets In Atlanta and the South has made Mm s recognized an- thorlty In his specialty. RANGE OF N NAME OF STOCK. EW YORK STOCKS AND COTTON MARKETS American Locomotive. do. preferred. . . . Am. Rmtltisg lt#f. . . do. preferred- . . . Atchison. . / American**Cot»on OIL . , Am. Car Foundry. • . Baltimore A Ohio. . . Brooklyn Rapid T. • . Canadian Pacific. . * . Chicago A Northw'n. . Chesapeake A Ohio. . Colorado Fnal A Iron. Central Leather. • . . da preferred. . . , Chicago A Orest- W. . Chicago. M. A Ht. P. . Delaware A Hudson. . Distiller's Securities. . Erie do. preferred. . . . i rubric New Orleans Galveston Houston 1*.« Movement at Atlanta 1 Receipt* today Hame day last year Increase Shipment* a today Bams day lest year Increase ......... Stock on hand today .... Kama day laat year Increase H06. 1906. 6,904 11,249 7,066 1,662 323 1,329 16,738 9.212 6,626 SPOT COTTON MARKET. Liverpool, steady; middling uplands 6.68d; ■ales 14,000. _ .. Atlanta, steady; middling lOe. Naw York, ateady: middling 10.66c. New Orleans, steady; middling 10%c. TODAY’S PORT REC61PT8. The following table shows receipts at tha Interior towns today, compared with the asms day last year: Ports. S>w Orleans. . . . Galveston. • . . • • Mobile Savannah Charleston. . . . . • Wilmington Baltimore New York Boston Philadelphia Newport News. . . . “190S" <161 11249 1909 6061 1209 1549 1673 100 750 ~mr INTERIOR RECEIPTS. The following table shows receipts at the interior town* today, compared with the same day last year: 55T 1112 7037 6342 -tnsr COTTON SEED OIL. Following were the opening and cloning prices on cotton seed oil today: e Opening. Closing. Itecemher. ...... 41%U42% 41 6x42 January 39 G39** February 39 filH% 38 Mareh 1? ©» 37%tf37% 9m S»£E closed steady. ever, with offerings restrlcte<l. The New York cotton exchange main closed from 3 p. tu.. Decemhc til 10 a. in., December 26; nlso on Tuesday, The New Orleaua cotton exchange ’ GINNERS’ REPORT New York, Dec. 21.—The Hun.says: "The feature of the duy was the census report stating the amount ginned up to Deccmlier 13 at 11.099,000 bales, against 9,299,309 last year, and 11,(71.000 two year* ago. The re port was regarded ns bearish, but, although there was heavy soiling for a time, under which prices weakened. It was followed by heavy covering of aborts, and tne re covery of most of the decline. Previous to the aunouuceinent of the report, prices declined, owing to continued largo receipts, large estimates for Houston. Galveston and New Orleans, Wall street and general soil ing and not a little raiding. Not unnnt- urally, some stnp.los* orders were uncov ered, am! these accelerated tne downward pace. Besides there was n very general expectation of n hnrlsh glnneis* ieport, a few looking for less tbun 11,000,000, and some taking the ground that the total to December 13 was likely to approximate 11,. 2UO.*000 bales. On the decline, many shorts took profits, and there was more or less buying by commission, and wire housra In expectation of a rally. But what with the sinners' report and the large receipts sentiment In the main was still bearish.’' New* Orleans. Dec. 23 —The Times iMmo- crat says: "The census bureau report show lug 11.*199.00. bales of cotton ginned to Do- cemlwr 13, was disappointing from th* bullish viewpoint. The figures, howVver, do not prove the proximity of a hurrt%n*omc surplus, nor do they guarantee n suffi cient quantity of desirable cotton to supply the world's requirement for the yen*, hence room bears made no attempt to force the market, and the docuuiuiu pass ed Into history without having stirred the rings to Important action. HtntDIcal >om- p.msons are so beset by conflicting environ ment that old and now standards of com- putnton can not he readily reconciled, mid the true significance of yesterday*s showing roust soak In gradually. Mean while, further evidence of the dnngcr of de;>endlng upon a hedge bought In a pure ly speculative market is coming to the nt- tmtlou of actual cotton shorts. Largo con tracts aggregating probably several hun dred thousand hales of average strict mid dling havo been sold to Mouthcni mills on the basis of 50 points on New York fu tures, which today Is equlvalent to 9.90c NEW YORK. The following Is the rang* In cotton fa- tore* In New York today: 1 i s »* 3 II 1 il flee Jan. . . • . Feb March. . . . April. . . . June July Au * TT5 9.18 9.48 *9! 70 9.18 9.25 *9.66 9.75 *9l86 TIo 9.16 9.48 9.68 9.21 9.52 ■9.73 9!84 9.17-li 9.21-22 9.3H-40 9.62-63 9.61-63 9.72-73 9.77-79 9.83-84 9.71-72 i.04-0* 9.08-09 9.25-27 9.39-40 9.49-61 9.68- 59 9.63-65 9.68- 69 9.56-67 Closed steady. landed at such mins, but the sellers would now Ik* happy. Indeed, could they buy up this cotton, which they owe, on no greater than three-quarters of l>asL higher than the basis on which they sold It. Undor the circumstances, tho ncartsh argument that the not distant future will bring good cotton on tho market, for which thorn will I* no ready purchasers, appears premature, to say tho leut.”— filbert A Clay. GIBERT d.CLAY’8 DAILY COTTON LETTER. New Orleans, Dec. 21,— 1 The demand fo? cotton abroad, sates today amount to fl. 000 Imlea at an sdvsnro In quotations of 6 {mints, doubtless exerted Its full quota of Influence upon prices In the options list, which finntly netted a gnln of 9 points, tho closing being termed Irregular. Isunil ly, as abroad, an unexpected tmnri In contract prices occurred, but lu _ ... mestlc situation value* were Influenced by the fact that the prevailing Interests being short was prone to cover and which, In tho narrow condition of the mnrkot, ow ing to the closeness of the Christmas holidays and consequently the absence 01 uew business, resulted In a further tem porary reaction. Despite the wonderful movement which each day not only main tains the high averages recently establish ed, but at times even surpasses the prece dents Instituted by the crop of 1604 19-*5. the contention Is stoutly held that the mills have contracted for far enongli ahead to consume the supply of grades desirable and available. The contention N based on mere eoujeeture, anil when a more nor mal condition Is assumed by the advent of the new year, then and then only will the truth become clearer, and then nnd thci. only will the market's desMnv ho so shaped that spaculattve estimates of all klmls and character* will I* supercc.led hr the more legitimate Influence* of nctiml fuipiK-nlugs THE DRY GOODS MARKET. From Th© New York Commercial. In the flrat hand market for plain and ataple cottons and for fancy cot ton good* the scarcity of goods has compelled naming higher values. All of the buyers who come to this mar ket are anxious to secure additional goods for spring And they do not hesi tate when a stock Is located to pay full asking prices, provided they can get the goods In the quantity desired and on the proper terms of shipment. The strong position now attained by bleached goods Is helping other lines of cottons, and throughout the market the strongest upward tendency on all lines Is noticeable. Even In the ex port specialties which are not finding a largely Increased call from abroad, agent* are holding firmly for top "rice* and declare that the sale for strictly domestic consumption Is suf ficient to keep stocks from accumu lating. Am. .Itl« „ jo March „ carrying operations to the practical end of Illinois Central, the ginning season. ‘ — It will soon l>e time for the big winners to be starting for Palo Beach. Now Orleans, Dec. 21.—Liverpool st 6 np with spot sales 14,000 uales Is au excellent market. Was due 2% up. 149% 114# 1024 Louisville A Nsshvtll#. Mexican Central. . • . Missouri Psdfle. . . . |144H I 8s 113* NAME OF STOCK. N. Y.. UQt, * Welt.ro. National Lead Northern Pacific. . . . New York Central. . . Norfolk A Western. . Pennsylvania People’s Gas. Pressed Bfeel Car. • * do. preferred. . • . Pacific Mall. ..•••• Heading . • Republic Mteel. . . . • Bock Island .. do. preferred. . . • (Jolted Statn Rubber • do. preferred. • • • Southern Pacific. *. • • Southern Railway. . . do. preferred. .. • • filoss-tihefflsld Tenn. Coal A Iron. . . Texas A Pacific Union Pacific Catted gratae fftseL . da preferred. . • . Vo.-Car. Chemical. . . da preferrad. • • . Western Union Wabash do. preferred. . . . Wisconsin Central. • . da preferred. • • . 32 197* *88 Sit Total stock salea today 682,700' shares. St. Paul ex-rights closed 34^. LIVERPOOL. Tha following figures give the opening range and close, compared with yesterday: Futures opened ease. Opening Previous . Hangs. 3 n ni. Close. Close. December ....6,3614-6.36 6.39 6.44 6.31% Dec.-Jan 6.35%-6.34% 6.37% 6.42% 6.31% Jan.-Feb 6,37 ' " " " Feb.-Mar. ...6.38 Mar.-April ...5,38 April-May ...6.40 May-June ....5.43 -6.42 June-July ....5.44 4.43 July-Aug 6.46 4.44 Aug.-Sept. ..5.41 Closed irregular. NEW ORLEANS. Dec. . . . Jan. . . . Feb. . . . March. . April. . . May.. . * June.. . . July.. . . Closed JL 10.(12110.10 LI 53 I 10.03- 03 9.93-94 9J6 97 9.99-10 10.04- 05 10.09-10 10.14-15 10.23-24 a 9TO8 9.96-96 9.96 96 9.99-10 10.04-06 10.09-10 10.14-15 10.21-22 NOTES ON GRAIN. Pointers on Provisions. A second estimate upon 1908 wheat nnd rye crops of sevnty.two governments of Iiiissis waa Issued hr central statistics 1 committee on November 20. Official fig ures now definitely confirm tho vague re ports current for months past ns to the deplorable stato of crops over large ureas of the empire. The most regrettuble de ficiency Is In the —• the Russian pool twine reduced to < 70.000. 000 bushels less thin estimate made In Heptember. Ncrlousnes of rye shortage la apparent: In fact, that crop Is upward of 220.000. 000 bushels less than average nuuunl output for five-year period ended with 1904, and 74.000.IWO bushels smaller thnu the exceptionally lean crop of 1906.” The following appeared In n market let ter. of C. A. King A Co., Toledo, Ohio: •'Some dealers aro near-sighted- Tho mix ers want a high grade In nnd A low grade out. They treat buyers as suckers and do not appreciate that a good reputation Is the moat xaluable asset any firm or market can hare. The regular Ilnmhurg ••orrespondent of The Liverpool Corn Trade News, In the Issue of Decctnltcr 4. says: ’The arrival of some steamers of Kansas wheat In n very bad state has again caused numerous protests against th tlflcntcs -the quality Is simply scam* lid not bo deilvi ■cfore, wo had n g for Russian wheat and River linte he c ilhlo tract. This will have tho effect of consid erably reducing their quotations nominally because the Ideal grade ”A” (the highest) will bo abolished. New York wired concerning corn: "Ex porter* are absolutely Indifferent: limits from abroad are way out of line.” nroomhall cabled the following apeclnl Russian news: "The outlook for tho crop* Is unchanged nnd favorable. There were fair arrivals Inst week, but very heavy rains are not stopping supplies. The strike still continues." STOCKS REVIEWED BY NEW YORK SUN New York, Dec. 21.—The Bun says: At the close of business on the stock exchange Monday the average of stocks, taking ns a basis of computation tho leading nud standard shares, had fallen within a very small fraction of 6 Points three days of the week tint* (nr. After *<nh u hrenk some recovery In values would, under ordinary circumstances, be cotmldcred almost Inevlta- mimt I * >,p - natural Impulses toward such a the do. movement wore certainly heightened by the development of rumors over night that the secretary of the treasury wns once more about to do something for the relief of the money situation. These rumors did not ma terialise yesterday, and Indeed In thelr place Emory Closat for Holiday*. Special to The Georgian. Oxford. Ga., Dec. 21.—Emory Col lege closed yesterday afternoon for the Christmas holidays. Work will be re sumed January* 2. 1907. ALONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. ATLANTA. Bell Phone, Main &>L GEORGIA. substituted other rumors that the sec retary of the treasury had stated that he would not nut any more money In the Imnks and that the ouly thing he could do xU™* • further was to accord a tacit permission | Vy'**; • to bank* to dip Into their reserve fund for • ,l0 s*- • PIT TRADERS FREE SELLERSJF WHEAT Offset Wet Weather in Ar gentina and Small Re ceipts in Northwest. Chicago, Dec. 21.—Oats led the weakness In the grain pits today, losing %G%c on th< day. Wheal was off £ 0 rn de« cllned %GHc. Hog products were unset tied. els wheat and ed with 1,023,354 and 683,000 bushels, re spectively, a year ago. Clearances ware 134,00 bushels of wheat. 147,000 bushels of corn and .1,200 buihela of oats. . Cash sale* of wheat at Chicago 25, bushels, corn 35,000 bushels and oat* 50... bushels. At the seaboard, 6 loads wheat and 3 load* corn. Tna Modern Miller says that the win ter wheat has had necessary moisture, and that It Is progressing finely. THE CHICAGO GRAIN MARKET. Chicago* grain and provision quotations for today follow: Previous Open. High. Low. Cloee. Close. WHEAT— Dec.... 74% 74% 74 74* 74U May.... 73% _78V? July.. 77% — CORN— 77% i’ 41% § 77% 78 77% . TIM S l i Dec May July OATS— Dec 33% 33% May.... 36 36 J %nk—*** ** Jan.. 16.12% 16.17% 16.10 I6.10 1 May... 16.35 16.66 16.30 16.45 LAKD- Dec... 8.86 8.86 8.86 8.85 Jan... 8.77% 8.87% 8.77% 8.86 May... 8.90 8.90 8.90 8.96 SIDES— Jan... 8.60 * 8.70 8.60 8.62% May... 8.75 8.83 8.75 8.80 July.. S.H7K K.90 8.K g.SS CASH WHEAT— So. 2 red 75% nominal: No. 3 red 73< No. 2 hard winter 74%$76; No. 3 do ‘ 42 CHICAGO CAR LOTS. Below Is given receipts today *04 csU mated receipts for tomorrow: Today. Tomor. named would of course hardly l»e made In an official manner. One thing that has very clearly developed I*, ns pointed In this column Wednesday, that the m tarj* of the treasury's endeavor to money In circulation by offerlug to liny government 4 per cent bonds of 1907 Is a failure.-Glbert & Clay. GIBERT AND CLAY’S DAILY STOCK LETTER. New* York, Dec. 21.—-The market la ■ubjected to a rather sharp wave of liquidation today, but the selling move ment did not extend throughout the session, and after some depression In Northwest stocks and Reading, good support appeared in these nnd other Issues, with consequent effect on the price movement. The foreign mone tary situation is Mill somewhat un certain and reports today that the Bank of France might aid the London money market $50,000,000 In gold prob ably reflect the extreme of apprehen sion, as most Fngllsh financiers believe the strain will be over during the early days of January, as a result of the natural return of money after the hol idays. Money here ^1 easier on call and much Improved sentiment, even if caused by comparative lack of demand for speculative purposes. We look to see the market retain its present good tone, and (perhaps advance moderately during the next few days. MINING 8TOCK8. 18%: Bbannon 18%: Arcad'lnti Kb; Franklin, 24%; North Butte lot); Michigan 19; Daly West 19% WEATHER FORECAST. Georgia-Pirtly •lay: Lot much fresh west to t-orti Lrtilslana and Ea . end Nottmfsr; light f* fresh west winds. West Florida. Alaba* a and Mississippi— Partly cloudy Friday and- Saturday; light t«» fresh *»uthwe*t wind a. Aiksiis*’* sail Western Tex**—Fair Fri day and Bate rile Ten* ff. , . and Kcniurky-Fair Friday aud ‘ * in la east portion. Saturday, prcv«d«d by ral LIVERPOOL GRAIN MARKET. Wheat-Dpened unchanged; at 1:30 p. m., % hlgher% closed % lower. Porn—opened unchanged: at 1:39 p. m., % higher; closed uuebauged to % lower. THE COFFEE MARKET. New York. Dec. 21.—The coffee market opened at unchanged prices to a decline of 5 points under some scattered realising and selling ou arbitrage orders from Ku- nqie. There was buying by the same brokers who have recently supported the market here, and who are lielleted hr many to be operating for a new bull clique composed of western and Wall street Interests, who are trading on their confidence In the valorisation ocheme, now that It Is nssumlng more important propor tions. nnd It Is bellered that the govern ment has arranged for funds rt-arlilng ns high an $60/00,000. Receipts at the two ports today were <2,000, against 21,000 last year.—Glbert A Clay. The following figure* five the opening rnnge anil clone lu the New oYrk coffee market for today: Opening Range. Close. January 5.604.65 February 6.70-5.75 March 6.80 April 5.86-5.90 May 6.00 June 6.004.10 July 6.10415 August 6.15425 U6 October 6.334.45 November 6.45 December 6.564.68 Closed steady. 5.804.85 5.994.95 6.004.05 6.10413 CIS cii 6.25430 6.354.40 6.484.50 6.604.65 6.55460 6.654.70 LIVE STOCK MARKET. Chicago. Dec. 21.—Hogs— Estimated re ceipt* SJ.0O0. Market weak to 10c lower; quality fnlr: irft over 9,046; bulk $6.2066.30: estimated for tomorrow 19,DW: light $6.1'*f 6.27%: rough 6.S&G6.Q6; pigs $^50^6.20; pork er* $6.25416.35; good to choice heavy $6.2Hi rattle—K«t(mated receipts 4.000. Market . ... ^ m|7.1 0; Ives <5.506 ATLANTA^MARKETS. fruits and"produce. BOOS—Cundled, .ctlT., 19c. LIVE POULTRY—Hen*, .ctl.e, Mch: chlck.il. plentiful, ItfiSe c.ch; dnrki. P.kln. 18c cck: puddle. BOIOc inch: ,ccm. full fctbcrwl, 98c e*cb; tur ker,. nctlT., 14c pound. DREHHBI) POULTRY-Occic. nndrnwn, nctlr., lOtpnie pound! turk, nctive, 14618c pound; hem, tlT*. 18c pound; dnek., und 15c pound; frle,. nctlr., ISc pound. PRODUCE—Tennwee rlhk nnd non.., 8c; Tcnncneo munii. 9c; Inrd, 10c lb.; hum. .octlrc, 14c lb.; nbonldcr,nctlrc, 10c tb.;ildcn nctlr*. 10c lb.; butter .ctlrc, 1862814c lb.: bmitrnx, nctlr., 88c pound; noncr. brlcht, nctlrc. 8c pound; honey In 1-poaud block., nctlrc, 18c pound; chc.tnnt. nctlrc, 88.00 bnnhcli drlmf npplcn. Cc pound; whit. pen. nctlrc, 88.80 bunbcl; Indy penn. 18.00; ntock, Il.40fll.li0. t . GAME—Qunll, nctlrn. 15c cnch; dome, nc- tire, 8c enebi dock, tnallnrd, nctlrc. 40c cnch: duck, mixed, nctlrc. SBc each; wild turkeyn, nctlrc, 18c pound ; nbbltn, nc tire. 1214c eneb; nqulrrclc, nctlrc. 10c cnch; cd>o.lum, drenned. nctlrc, 11c pound; opon- *"pItU!tYJlcmon^ fnney Menncnn. I4.80« fcSgi.teu'sr » «cwk!' owdu,'fo’iinn nnil condltfon ?hu,co ri n"n _ b fni Codn. " per bnrrcl, _812. jcrncy,. r 81L00. Ornno fruit. FlorJ-j* ctock, owing to nine nnd color, per box 81.60 62.60. Llmcn, Florldn ntock. per hundred. Rcfltl. Nutn. fnney. mixed. In boxen, per ftouudi. 1844014c. Coconnntn. henry rultnnn. nek of 100, nctlro. nt W.60 nek. Pcnnutt In nvkn nrrrngluk 800 pound. ,*cb. owing to E*rt iK-ABlbLbmU. cnhbnxo cr»tc«. Sf“ T « e «ttT 9; egg plnnt. .ctln — ™'““- '1'IPS FLASHED From Wall Street. Dow-Jones* summary: Americana In Lon don firm %$% above parity. Houthern nielflc annual report to be li- sued today. Government final crop report shows total winter, wheat 492.688,004 bushel*. Railroad prosidents May that neople In the northwest are principally to blame for coal famine. Officials of New York Central say car situation easier. New Haven railroad takes over the trol ley systems of Rhode Island. united Mtntes annual report will show about $700,000,000 gross business. Total market loss of the lltll-Harrltnan- St. Paul Issues within ten days aggregate* $150,000.000.. Twenty-one road* for eecond week In De cember show average gross In create of 6.36 per cent. Twelve Industrials advanced .70 per cent Twenty active railroad* advanced .39 per cent. New Y'ork Financial Bureau: Bull tip* are noted on Steel this morning. It Is reported that very good buying Is taking place In Union Pacific, evidently for Ilnrrltnan account. We find Morgan buying of Southern rail* ' Chopper nud Anaconda should work high- investment In Baltimore and Ohio la said to continue. St. Paul displayed a strong upward trend, with good buying reported. Smelting has established n new support around 148 to 149. and we think Gut sen helm » wlll be found around that level ou t spots. A little stock la offering Iti Brooklyn Rapid Tran.dt around 82. but It could easily be taken nnd the stock Tnl»-?d sharp ly against tho shorts. Good buying Is reported In Fuel.' It was not expected that Louisville and Nashville's dividend would he raised at this time, but It will he done next year beyoud question, oaya a director. New York Central should be bought on y * Rend Png Is showing a stronger trend up ward, and we believe it will do much bet ter In the near future. Do not overlook Rock Island, Tessa Pa cific, Mexican Central rnd Colorado South ern In the low-priced list THE WEATHER. LOCAL F0RECA8T. WEATHER CONDITIONS. lug. c Ohio causing snow In th* lake region eftd valley and rain to the south, and Is uow centered over the eastern lake reglou. Snow I* falling at Marquette, Chicago, Cincinnati. Pittaburg, Buffalo and Oswego, while It was raining this morning at Nash ville, Knoxville and New York city. An area of Increased nlr pressure has spread out over the western naif of the country and Is cuuslug generally fair weather In the southwest nnd In the gulf and south At lantic states. As a rule the temperature changes for the last 24 hour* are small nnd the conditions favor fair weather la this section tonight nnd Saturday, with no material change lu temperature. Market Was Under Press, ure During Greater Part of First Hour. CAUSED SHARP SLUMP Active Stocks Showed D e . clines of From 2 to Over 3 Points. N>w York. Dec. 21-Tlii. feature „f t(k (toy-, market wa, the further easing ,, the rntea on call loans. A few trsnsanio,. were recorded at 9 per rent when Md, *,,, opened on tba ntock excliango, this prnvin, to bo the blgheat of the day. Quntaii,,,, alowly fell until by rald-day they atom „ 7 p«r cent. What waa even more slgtln,," the rate on standing loans, which n-, u s per cent on Wednesday nnd 12 per cent y£ terdsy, waa marked down today to 8 tbi thing of chief note nlmut these* reduction, was of course that they were made on commodatlons extending over the end the week. It was felt, fii view of this, tint a comparatively atrong showing wns ru. aured for tomorrow's I tank statement Th# atock market at once resigmded to thi. tnoro cheerful outlook. At tflh opening reii Islng antes were In evidence, and fiurlug th* first hour some sharp declines took nliir* In Reading, the Hill stocks and one other Individual Issues. But the ..... the Hat, though very dull, remained during this Interval of depressfbo nnd sooa begnu to stiffen up nil around. The per sistent strength or the Steel shares war from a speculative point of view, an encour. ‘ag Incident. ew York, Dec. 21.—The stock market _,_ned strong, with moderate gain* Ing In the majority of the list. , ir „. Northern preferred up 5 point and fulos Pacific and St. Paul %. Reading m, l About the only declines wero % In South, era Pacific and % In Northern Pacific The stock market whs under pressor* from bear sources during the greater part of the first honr, nml although n Mtmn: tone was developed at the opening wh* gains ranging from % to 1% per rent recorded a concerted raid carried prb the active stock* down 2 to 3% points. u D . don traded to a small extent, buying dImmu 10,000 share* on balance. The news that tb* conrt of appeal* derision In the test fsm cast would not be handed down until after January caused some selling of Brsuklrt Rapid Transit by some rcceot huyer^.wlw expected that a decision would he renftrrrf today. The stock was taken by strong In side Interests. Government bonds are unchanged and other bonds Irregular. MONEY AND EXCHANGE. try. active, 75c bushel; irisn poi* tow, .CtlT. No. L IOC bu,h#l: winy, tow cy, 66680c tinncb: peppef. ■jHff-Jftr. crate: An, .lx buketo, .mull. 88.50 crate, cullliiw.r, nctlr., 1010c P 00 ", 1 ’; •* ,,, **J hen(le<l. I1.8i>«2 ilram: eweef rcbUT". I/ low. nctlre. 60 bnebel; eweet ncitntnee.whlte. nctlre, 60c bnthelj krnat, hnlf.hnrrel._W.78. rutnbngn tnrnlpn, iHc. Strawberrle*. 33«40c crate. FLOUR. GRAIN AND PROVISIONS. FLOUR—Htoheit pntent. R.80: be.t pnb ent 84.90: ntnnanrd pntent. 84.3; half pnb cut. r»;jeprto* wheat pntonf. to. CORS-Cholce red cob. C9c; No. 2 whit-. 44c; No. 2 yellow, 67r; mixed, Cc; olil crop choice. 88c; old crop No. i, *7e; old cron mixed. 87c: new Tcnnewec white. 63c; crack ”oAT^r-('hn’ce l, w 1 tdt« cllpiwd. 49c; No. : white. 47c; No. 2 mixed, 4.c; Texne runt pr MSAl/i’lnln wnter-troond. per lionhel. «3c:"K)llrd, 140-noimri Jutee. per hiinbrl 80c: Rhortn. white. H.80: medtom. IL40; brown, 11.3; pure bran, 11.*; mixed brand. 11.15. HAY—Timothy, cholca larxe bnlea. 81.3; do., cnolce small bales, $1.26; do.. No. 1 "loVer. mixed, 81.M; do.. No. 2 cloyer mixed 81,15. Choice llermuda, 90c. RYK—Geortla. 8100; TenjeMee, 90c. Bar- **lrhe’ouore prlcea are f. o. li. Atlnntn. PROVISIONS—Supreme hi me, tic. Dor, hnmt. 18c. Cnllfornln ham,. 89.00. Dry nalt extra riba. 89; belllen. 20.3 pound., 10.3; fut hack., 8.00; plntrn. 8.00; Supreme lord, 9.8114; ■now Drift compound 880. Rrenm. 807c pound; nnnppcr, 10c pouml; trout, 8c noun I; bine fluh. 8c pound; pom- anno, 180wc i-ouod, mackerel 8c ihiuuiI, mix ed flih, 8c pound; freeh wlner trout, aflioc pound: bar nhad, 60080c; rock abad, 3030c. Arbuckle'n. 814JO; hulk In ban or harroln. U'.c; green llflllc. RICB-Cnrollnn. 41407140. according to tha ^’cilEFRR—Fancy full cream dairy. 18S4c: twins, lfic. Shredded hlsrnlt. $3 ease: No. 2 rolled oats, P esse. Sack grits. JS-nound hag*. $1.66. Oysters, full weight. $1.73 rnse; light weight; 11-10 case. Kvu porn ted nppl«*s 7%c pound. Pepper, l$c. Baking powders. $5 rase. Bed salmon. 16 rase, Ftuk salmon $4.36 case. Cocoa, S9r; " tfocoa, 39c; chocolate 35c; snuff. l-pound Jars, _48c. Roast, beef. $1.30 case. Slrar RiL L 100-pound' 50c. "’Axle" greaxe7' < $LTL Soda crackers. 6%c pound; lemon 7%c; oys ter 7c. Barrel candy, per pound, 6c; mix ed, per pound. 6%c. Tomatoes. 2-pound, |Lk> csss; 3-pound. $2.26. Navy beans. $2; Lima beans, 5%c. Brat matches, per gross. $1.65. Macaroni, C%6?c per pound. Sar dines, mustard. $3.25 case. Potash. $$.80 110 case. Peanuts. 6%:. Rope. 4-ply cot ton l$%c. Soap. $l.50e-i case. THE 8UGAR MARKET. New York, Dec. 21 >—Local refined and raw sugar markets steady and unchanged. London beet* ateady. THE METAL MARKET. New York. I»ec. 2t.~A strong tone pre vailed In all grades of rapper. Tin waa up %e. .Lead gained 5 points, ns Uhl also spelter. Special Term of Court. Special to The Georgian. Gainesville, Ga., Dee. 21.—A special term of the superior *cnutt of Hall medium $3.9066.25; Stockers siul feeders 12.60! eoun ty |p ordered to be held, commcnc- W Rh(wp—K,ltnialc»l -. Hj-c S.OU llark.t I ln « J “? uar > »«- b N fm- .liattly: nailvw web-rn 88.260 I **>'• No kranrt Jury will be neo»*»liat. 6JD;^rearilngs $S.<D06.4»; lambs $7.30; west-ied^aa there are only civil cases to be Aldlene Amarillo Asheville Atlanta Augusta Birmingham Davenport Dodge City Kl Paso Fort Smith Galveston Havre Jacksonville Jupiter Kansu* City Key West Knoxville I.O* Angeles Macon Memphis Meridian Mobile Montgomery Nashville New Orleans New York Norfolk North Platte Omaha Palestine Pittsburg Portland, Me Portland. Ore. . . . St. Louis St. Paul San Francisco. . . . Hnrnnnnh. .... Spokane Tampa Taylor Tlioiiiasvllle Vicksburg Washington Wilmington. yfax. T Indicates trace of rain or snow. J. R. MARBURY. Section Director. New York, Dec. 21.—Money on call, 4%% imo loans firm: 60 days.-90 days ‘ months’ loans, 6 per cent. Posted rates, sterling, bankers* hills it $4.8315tr4.8325 for demand and $4.7790b4.T' for 60-day hills; commercial bills, per eeui Bar silver. 69%. / Government Itonds firm. Railroad bonds Irregular. LONDON STOCK MARKET. Atchison Baltimore and Ohio Chesapeake and Ohio Great Western Canadian Pacific Denver and Rio Grande ..... Brio do. preferred Illinois Central Kansas and Texas do, preferred Louisville nnd Nashville .... Mexican Central Norfolk and Western Northern Pacific New York Central Ontario and Western Pennsylvania Phllacf * * Rock Island .... Houthern Railway do, preferred Houthern Pacific Ht. Paul Union Pacific United State* Steel do, preferred .. v Wo bash do, prefered 236U!286%|2» lltfij | 102fc!M2%M& 29% 33 94%MRiH Mui 3P» .... 1*7 .1*54 i8i%!isi , *m 1 % 4K i 47V to 1U4\ 104*4 M 1:::* SOUTHERN EXCH« Oldest Established Olflc. South. COTTON—t-ST0C«S—BONDS—MW Ground Floor Oould Building. Dally market totter and market manu»i mailed on nppllcatlon. LOWRY NATIONAL BANK Designated Depository of the 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. A. McCord, Ce«M,r. Frank Hawkins. Pr-itil,nL . - Tuoraa.C. Erwin, Aait. Ca.hl.r. “ W. Syera, AisL Cartier. Third National Bank Capital Surplus $200,000.00. $300,000.00. Dr. A. W. Calhoun. MUton Dargnn. John .W. Grant. !!. Y. McCord. Frank Hawkins. David Woodward. THE AMERICAN AUDIT COMPANY Home Office, 100 Broadway, New York City. F. W. LAFRENTZ, C. P. A., President. C. E. Manwaring, Vic. President, Theo. Coch.u, Jr., C. P. A. 8*c. *ri TrM BRANCHES 1 . , „, d NEW YORK—Waldorf-Astoria. ATLANTA—Fourth Nat'l U' 1 "" u B08T0N—Exchange Building. CHICAGO—Marquette Bulldink- WASHINGTON—Colorado Building. PHILADELr:iIA—Bellevur-S!^ NEW ORLEANS—Hennen Building. BAN FRANCISCO—Beldcn fiuU “ ■ f LONDON. ENGLAND—4 Kina Street, Cheapalde. AT-ANTA BRANCH 1015-1S Fourth National Bank Buildii Telephone, Main 872. C. B. BIDV/ELL, Resident Manager. 872. Cable Addreae. Amdit.