Newspaper Page Text
THE ATLANTA GEORGIAN,
THURSDAY, DECEMBER 27, 1506.
»
IN COTTON MARKET
All Exchanges Opened for
Business on Thursday
Morning.
PRICES WERE LOWER
Trading Was Confined Al
most Entirely to the Pro
fessional Element.
New Vork, Dm. 27,-BailrMt at
opening of the cotton mjrket continued
asfet. First price, were 183 point, lotv-
The recent demand for January pro-
tolled luticli comment, end waa generally
hellcved to men that the cotton tendered
will he stopped promptly. a« the preMut
JIITcreDce, make inch a couree practical
und profitable.
All notion exchanges opened for bualneaa
Thursday morning, lint the effects of the
holidays bad not worn away. and. ae a
rotnetiueace, trading was extremely % dull
and without feature.
Liverpool nt the opening ahowed deellnea
of only a point or two, hut the tendency
was downward throughout the aeailon, the
flesc being quiet 405 points lower,
compared with the price nt the closo last
Saturday.
Following Is the range In the actlre
mouth, in I.lrerpool today:
Open. High. Low.
December MW 6.P) 6.3414
lannnrv l-ebrtmry ...6.38 5.39 5.34
VlnrHi April v*5*JI |-g
jiny-Junn 6.40 5.41% 5.37
Miiot nun marked down 2 points to 5.T0*!,
8,000 bales At the decline.
! “ : was very dull and
ees being 203 points
market Afterwords holdlujc
^tendv with fluctuations very narrow dur
ing tie- morning session. It was mere
ly a "kllllnir time” affair the entire ses-
,'ion. traders trying to innke n market
until after Ike holidays, when it is ex-
ttected Hu- outside public can be Induced
jo ontor the market.
I mi ring the afternoon prices slowly Mg-
«(h|. up to the hist hour declines of some
5^12 points being recorded.
The i*\v York market for futures closeii
•trsdy. net twin ixdnts under the final
ijpirex of Wednesday.
SPOT COTTON MARKET.
middling uplands at
steady: middling 10%c.
>orroik. sieady: middling 10%e.
.Memphis, nominal; middling 10%c.
St. l.otiN, steady; middling 10%c.
Sjtot was marked down
■pinam taking 8,000 bait
I» Now York trading
fititareless, o|w»nlng price
tower, the market nl
NEWS AND GOSSIP
of tho Fleecy Staple.
TODAY'S PORT RECEIPTS.
The following tnble nhow, receipt, nt th»
Interior town, today, compared with the
miuic liny hut year:
iJST
Nimv OrlMIlS.
it.ilreston. . .
Mobile.. .
11913
12279
2227
11935
INTt/DOR RECEIPTS.
Tb** following tnble shows receipts at the
Interior towns today, compared with the
•star day last year:
EDMUND & CHARLES
RANDOLPH COTTON LETTER.
Atlanta, On., Dec. 2f.—The market
today has been another holiday affair,
with a sagging tendency on account of
tomorrow being flrat tender day on
January contracts In New York.
The opinion now is that a good many
notices will be circulated and give us a
lower market for tomorrow. 1 venture
the assertion,- however, with the big
difference between spots and futures,
m well as thirty-odd points between
January and March, alt tenders will be
readily absorbed by the moneyed Inter-
JM, no matter what the grade. In fact,
1 rather look for the very people who
hake the tenders to be the most urg-
tnt buyers, after the break, so as to **et
their cotton bock, selling March against
the purchase, which pays the member
of the exchange very nicely on his
transaction, giving him good Interest
on his money, besides a small amount
*n the carrying difference. The foreign
Market closed 4 points lower than pre
vious dose, when they were due un
changed to 1 1-2 points higher. New
T°rk is still 70-odd points under the
•Vw Orleans markst on January con
tacts, which shows what the actual
cotton Is worth. New York closed
Jgfdy at a decline of 9 to 10 points,
*n!ch leaves Liverpool to come 1 1-2
Points lower tomorrow. Receipts con
tinue large, estimates for tomorrow be
ta* 13,000 bales over lost year at the
tw«e Important points—'Houston, Gal-
Jwon and New Orleans.—Herbert H.
Brown, Manager.
BLEACHED GOODS
BECOMING SCARCE
Tie N't* York Commercl.nl: "II I, stated
*r factors tt,, cotton good, market
J" itapie, ,r> bring ordered abend on
!*• fiTMtnt level of price, -lib more vim
*» liarer. have ahoern at nay time with-
SJJr ,M*t weak or ton Uara. In the
««chMi good, dirt,Ion of tho market.
“V™ are becoming aearce for even late
K? delivery, and all quoted prieoo ara
Paid for tho good, that come for-
of order. The cettlng-np trade
8'°a«filcu<Ki»lv abort oa wide goods of
££ comt. and for thaae they are paying
a pramtam over tha exlaf-
■tf Jc-oaUona,
a,vie n lljp tb* woolen market have
thstr affairs so as to make a gtn*
g opening of the JfW fall lines imms-
SKV*« NtwYm?w, and until that
SL£*l confining tbslr efforts to
aDd mc<3,am *** *°°^
Trlrato Wire to Southern Exchange.
The ouly feature abroad was buying of
lots positions by Interests on the conti
nent. Locally the recent demand for Jan-
uary provoked much comment, and wi
S oneraIly believed to mean that cotton te„-
ered will he atopped promptly, aa present
difference* make euch a course practicable.
Tomorrow is notice day on January cot
ton. All open contracts lu loug January
cotton omit be closed before 12 noon, New
York time.
York, Dec. 27.—Liverpool was due
1VH|2 to higher. Opened 101% lower. At
12:15 -P; q»let, uet 102 lower ou near
and lft62 on late positions.
Spot* 3 lower; middling 5.700. Bale* 8,000:
American 7,000.
The New York market closed at about
the lowest of the day lost night, but with
out fully responding to the decline In Liv
erpool futures on Saturday, and Liverpool
this morning !e duo to come about 1%£|2%
higher.
New York Commercial
An effort la being made to put Into the
new Oklahoma constitution, now being
drafted, a clause providing for the weighing
and classing of cotton by the state. The
teems to l>e no reason why the state thov
not Inspect cotton as well ns grain. Sup
pose Texas had a state Inspection, and
put a stamp, “Texas cotton," on every
bale raised in that state. It would certainly
protect the buyer who wauts Texas cottou,
and tend to iucrease the value of every
bale of cotton raised in the Lone Star
State.
There are many ways In which the cotton
grower could be benefited by Intelligent
legislation, without nil efforts In a legisla
tive way being directed against the cotton
‘-►changes.
Into-slgbt figures during January are go
ing to look very big when they nre com
pared with those of the big cron year. It
must be remembered, however, that during
January two years ago the South was really
holding cotton.
There has been, n good deal of advice
given to farmers this year to hold their cot
ton, and It must have had some sort of ef
fect, although the general opinion lu the
market Is that there has been but little
holding
"A better market after the holidays,"
the prediction, but there seems little reason
for expecting any great excitement this
week.
There was n Joint conference of repre
sen tat Ives of the English cotton mill em-
6 layers and operatives the other day on
holiday question. The operatives want
cd 128% hours a year for holiday p
but nu agreement was finally read
iur holiday time at 116%<jiours n year.
The Board of Trade returns for November
show that cotton yarn exported, compared
with November lost year, decreased by 630,-
500 )K>undH. l>nt for the eleven months there
is nu iucrease of 4,896,000 pounds compared
with n similar period In 1906. Cotton man
ufactures exported deerensed on the month
by 28.118.few yards, but for the eleven
months show aa Iucrease of 117,606,000
yards.
The imports of raw cotton Into Barcelona
during the season of 1906-06 were ns follows:
American 237,640, Egyptian 21,246. East lu-
dlnn 46,065. Smyrna 11.203, and sundry 10,675,
or a total of 826.448 bale*.
r A desp -
.tnerlcaa cotton In Japan,
and Is spending a great deal of money try
ing to establish the cotton-growing Industry
I u Corea.
A growing Industry on the continent Is
the manufacture of Imitation silk from cot
ton. The cotton is treated with sulphuric
acid, ns in the manufacture of gun cotton,
and by n secret process the latter Is spun
Into n silky filler which can only be dis
tinguished by chemical means from the rent
article. Any fabric made of silk Is closely
imitated in this, and not only Is the wear
excellent, but the articles can bo washed
without detriment. The Inflammability
which prevented the ndoptlon of the Indus
try lu this country lias now been gotten
over by u special process, and the entire
cost Is one-third that of silk. The use of
cotton ns a substitute for silk should be
come general. _
Gaddiiiii k Co. write from Bombay under
date of December 1: "Our market baa been
quiet but remarknldy steady for the past
fortnight,-prices of nil kinds being un
changed with the exception of good and
(he fine Broach, which stand 4 rupees
higher than when we Inst reported. Mills
continue buying-stendilr from day to dny,
but few transactions by shippers are re
ported. Arrivals In Bombay are nnexpect-
edly fl
year b, — — .
the moment less favorable than they have
lately been* and anxiety rs being felt for an
Improvement In the China markets, which
nrp said to 1h» heavily overstocked with
yarn and cloth. In np-country market
prices have been stiff, and dealers gener
ally ore disinclined to sell, believing In still
higher prices. Favorable reports from thu
Tlnnlvelly district nre to hand."
The Llverp ol Cost says: "This year has
been another twelve mouths of conslderabls
profits lu cotton spinning, the aggregate
gain lielng chute upon that of 1906. A num
ber of spinning companies do not now Issue
balance sheets, but particulars are available
of between seventy and eighty concerns.
These represent In round figure* a total
capital of not far off £5.000,000. The profit
declared works out on the share capital at
nliout 18 per cent, but when Interest on
loans is added to the profit declared the
'ji(eolation shows that on all capital cm
loyed It Is about 13
hese figure* do not
roflt; 1902 and 1903 were years
of losses. The prospects were considered to
be overclouded by the starting of new mills,
and It (s feared that next year will b« a
time of over-supply of yarn. A good deal
depends, however, on the starting of more
looms, and the continuance of a brisk ex-
— -• -xls trade la
though not
PRICE CURRENT CROP REPORT.
The Price Current, In Its weekly crop
Bl “There bawbee?tut little change In tho
situation. The growing wheat Is In
e condition, and colder weather favor*
ig of corn. The car ahortage continues
to retard movement of all grain*. Proper
comparison of ont crop markets total almut
100.6b0.000 bushel* smaller than lost year.
Packing of hogs In west for week was 620.-
00ft, against tff.000 In this week last year. 1 ’
—Sonuiern Exchange.
the coffee market.
The following figure* give the opening
range and close In the New York coffee
market for today:
Edited by
Joseph B. Lively
MARKETS
Mr. Lively’s twenty-five
years* experience of ed
iting markete In Atlanta
and the South has made
him a recognised au
thority In hla specialty.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
NAME OP STOCK*
Aumixvm .
Atlantic Coast
American Hugar Ksf.
Anaconda. .......
American Locomottvt.
do. preferred. • • .
Am. Hnifcltiug Kef. • .
do. preferred. • . . .
Atchison
do. preferred. . • .
American Cot»on OIL .
Canadian Pacific. . .
Chicago A Northw’o. .
Chesapeake * Ohio. .
Colorado Fuel & Iron.
Central Leather. . • .
do. preferred.
Securities. ,
Erie
do. preferred. . •
General Eleetrle. • •
Illinois Central. ...
Am. Ice Securities.
NAME OP STOCK.
X. T.. Ont. * Western.
National Lead. . • . .
Northern Pacific. . . .
New York Central. • .
Norfolk A Western. .
Pennsylvania. .....
People’s <Jas. ,
Pressed Steel Car. • .
do. preferred. • • .
Pacific Mall. ......
Reeding
Republic Steel
do. preferred. • • ,
Rloss-Shcffleld. ...
Tenn. Coal & Iroo. •
Texas A Pacific. . . .
Union Pacific. . . • • ,
Called State* Steel.
r»o preT*i**p^»f , .
Va.-Car. Chemical. • ,
do. preferred. . . ,
Western Union. , , . ,
Wabash. ,
do. preferred. . .
WIeconstn Central. •
TIPS flashed
From Wall Street
Private Wire to n. XI. Brown, Manager.
New Yoyk, Dec. 27.—Earlier cables t..._
morning show the leading stocks strong and
higher. Canif" —- ~ * —
the features.
NEW YORK
tures In New
9.71 9.72
„ 9.611 9.61
Tflosed steady.
LIVERPOOL.
The following gives the opening range
and dote, compared with yesterday.
Futures opened dull.
Opening Previous
Range. 2 p. m. Close. Close.
December ..^.ITV&IS .... 5.34H 6.40
Dec.-Jan. ...1.38 -6.36 6.86 6.34 5.39
Jan.-Feb. ...6.88 -5.36H 6.37H 6.34 6.39
feb.-Mar. ...5.37% .... 6.34 5.38%
March-Aprll .6.37 -6.86% 8.87% 6.34 5.88%
Anrll-May ...5.39 .... 5.36% 6.40
Mny-Jnne ...6.40 -5.39% 6.41 5.37 6.41%
June-July ....5.42 -5.41 .... 5.38 6.42
™ iflt
Closed quiet. ~ ———
NEW ORLEANS.
The following Is the range In cotton fu
tures In New Oricaua today:
d
1
i
S
*
3
Si
331
|
o
it
Dee
Jan
Feb. . . . .
March. . . .
Anrll
May
June
July,. . . .
9.94
9.86
10.02
10.16
9.94
9.86
io!o3
Vo. is
9.83
9.78
’486
9J6
io. is
9.83
9.87
490
*9!6i
io.is
9.81-82
9.81*82
48439
io.oo-b’i
id. is
49344
9.96-97
499-10
10.04-06
10.09-10
10.14-15
10.23-24
Closed qu
et.
active. 10c lb.;
ATLANTA MARKETS
FRUITS AND PRODUCE.
EGGS—Candied, active. 28c.
LIVE POULTUY—Hens, active. SS%9*<
each: chickens plentiful, 15026e each,
ducks. Pekin, 86c each: puddle, SfiXe
each! geese, full feathered. CSc each; tur
keys. active, 14c pound.
DRESSED POULTRY—Geese, undrawn,
active, 1O012%c pound; turkeys, undrawn,
active, 17<flfc pound; hen*, undrawn, ac
tive, 12c pound; ducks, undrawn,
15d*bound; fries, active, 16c pound.
PRODUCE—Tennessee rlbe and bonee, 8c;
lard, 10c lb.; hams
active, 10c lb.; sides
... butter active, l6Q22%c lb.;
beeswax, active. 26c pound; noney. bright,
Nctlve, fe pound; honey la 1-pound blocks,
active, 12c pound; chestnut* active, 83.00
bushel; dried"apples, 6c pound; white mss
active. 2150 bushel 1 lady pea*, U.00; atock,
fl.4OSfi.60.
GAME—Quail, active, 16c each; doves, ac
tive, 6c each; ducks, mallard, active; 40c
each; ducks mixed, active, 25c each,'
wild turkey*, active. Me, pound; rabbit*, ac
tlve, 12%c each; squirrels, active, 10c etch;
opossum, dressed, active, 11c pound; opos-
’SMS;'./ 6 W*. Hfoj
xiAy’nX
Ida stock, per crate. 82.60. Oranr—
jda stock, owing to iUs.and condlt
on arrival, her box, 12.0002.25. Apples,
choice Beu Darla, 11.2508.60; fancy, 63.76;
jirMW. "ntoo: , fruit, rfcridn
stock; owing to slae anacolor, per
uric. »,.r»«lnt lOJ Popo«, mb, owln, t,
ism
•(, plnnl, nctlvr, ML00 rrnte; riicara-
ES cut,: tomntojfc f«ncy.
emt,; taiutoM. MW* .Mgft
3 bunt, roowl.crwn, IS.M ernt.;
,d|mx (Iit. ,ctlr., 1ic bubtl: Jrinb poll*
to,™ nctlrr. No. 1. KWOc bn,he): celery,
fnney, 7BC«e Imnch: wppen. netlre, |-te
cut.: »ku, ,lx JW,
eauilllower. active, Iff 10c pound; lettuce,
cut*.
FLOUR. GRAIN AND PROVISIONS.
« ft»t SBI 51:
■iliCass? »-b.tA
Me: Nu. 3 yellow, 17c: ml xml. ®c; old crop
^olc*. «c; old crop No. 3, Me: njw Tcnncn-
M, White, Be: cuck corn, per ho.hel, 70c.
white cllnned, Me: No. 2
bite, Me: No. i mixed. <7c; Tex»« ru.t-
proof. He. Golden oati. 47c.
do., coolce small hale*, iLm, oa, no. j
clover, mixed, M.80; do.. No. 8 clover mixed
H.16. Choice Bermuda, 96c.
;YE—Georgia, 81.00; Ti
Opening
April
iSr, AIM,*
SSLC"
'iSobcr
lovemi>er 6.4J?^,w
Closed etendy.
dose.
5.55
6.76-5.75
5.W5.85
6.80-5.96
6.004.08
6.064.10
(.154.89
6.344.26
0.804.36
0.364.44
6.404.46
COTTON SEED OIL.
Following were the opening tod closing
price, on cotton wed oil C|M ,
December.
January. .
February.
Uarcb. ■ ■
May
MO itay at »*4 anS^w'Snly' 1 «iTC
Clowd ateady-
LIVERPOOL GRAIN MARKET.
TTbi^t-OpHcd unebanfed; dorfd 14 low-
’com—Opened >4 lewer; cleeed encbin*ed.
ALONZO RICHARDSON & CO.
PUBLIC ACCOUNTANTS
AND AUDITORS
fiiupire Building. Ph° ne * ^ a ' n
ATLANTA. GEORGIA.
'enneMee, Me. Dee
f'be’annee price* are f. o. b. Atlanta
r£°&? ,0 cKir£*»rsv%r,5ffl
.tra riba. ».<77H. IwUlee, twnnda. 10.S;
t iiAcka, B.0O: platee. AM: Hapreme lard,
|7Vi: Know Drift compennd. AM.
FISH.
jsrti ssfaJ 1
nano. 2Cc ponnil. mackerel. *c pound, mix
Si «ib. k peomi; treeb wteee float. Mnee
ffoid; bar Vied. MgSc; rock abed, StflOc.
GROCERIES.
TCOAR-Stanoaro mnnuted. JS.1*. Mew
T C r 0fpBB-feoeiied Jkrbuckle'L I1IM: bnU
^CtlEESE-Fency full cream dairy,' UVici
I e
iyster_, -nr--. ,
weight, $1.10 cast. Evaporated apples
5,und.' Pepper, Be. Bekla* Powder, T«
caw. Red wlmon^B eaee. Plak aaluon
M X caw. Cocoa, »c; chocolate J8c: •■■I.
Kooaud Jare. Me. Rout beef, tl.M c««e.
Coned tief. M.M cue. Cat,up, tl.M caae.
' ‘ It.
COARSE GRAINS
OPENED STRONG
Factor in Opening the
Wheat at a Shade High
er Prices.
Chicago. Dm. .27.—The grain bulls on
'change wore a happy lot today. There
were advance* of l-2@3-4c In wheat,
1*403-90 In corn and l-403.8c in
oat*. Hog product, gained 10O!0c.
The volume of trade wa* much larger
all around.
Primary receipt* of wheat >31,000
bushel* and corn 1,280,000 buabel*.
compared with 330,000 and 862,000
buihela, respectively, a year ago.
■ Clearance, for tho. day were 3(0,000
bushel* wheat, 110,000 buehets corn
and 26,000 bushel* oat*.
Cash sale* hero were 16,000 bushels
wheat, 05,000 bushels com and 76,000
bushels oats.
Tho seaboard reported 3 loads wheat,
3 loads corn and 20,000 bushels oats.
THE CHICAGO GRAIN MARKET.
Ex
(Quotation, furolahed by Southern
ebangs.)
Chicago grain nnd provlalon quotation!
for today follow:
Prsvlou
Open. High. Low. Cloee. Close.
WHEAT—
7741
ftec...
May..... $5%
%Hk—
SUy.".. li.ttti
Jau A ” D r.l5
"if.. 9.26
JlDBS—
Jau..., 8.62%
May.. 8.80
80UTHERN EXCHANGE
GRAIN LETTER.
9lose, mnatard. S3.B_.ei
3£:
psr pound. Hi
rassT rouah. aa
Hops, 4-ply ct
CHICAGO CAR LOTS.
Wfceat.
Coni. -
Oats. .
Hogs. -
THE METAL MARKET.
New York, l>w. 27.—Tbs tin market waa
deckled ly easier. Hpol ami nearby deliv
eries down %e.
Chicago, Dec; 27.—Larger northwest __
reipts producwl some miNteadlnes* In the
wheat market during the early trading. The
undertone, however. Improved on light of-
ferliigw. only to sate off again on favomtfi*
Argentine crop reports and weather condl-
(her conditions farorafile and
farmers sre sellers of their product. Car
Bbortage holding back receipts, ami situa
tion controlled entirely by this condition.
Interior receipts In three days 3,293.000,
against 2.780,000 a year ago. Exports 536,000,
against 1,903,000 a year ago.
Oat* firm ou general belief that the gov
eminent report did not give the actual con
dition of the present crop. This market Is
likely to continue strong. Interior receipts
for three days 1,943.000. against 1,806,000 a
year ago. Kxports 60,000, against 302,000 a
THE LIVE 8TOCK MARKET.
Chicago. Dec. 27.—Ilogs—Estimated re-
relpta 23,000, Market Mr lower; quality
fair; left over 6.144; bulk *.256i.S: esti
mated foe tomorrow 26.000: tight I6.l0tw.35;
mixed $6.15(76.40; heavy $S.86ir*.40; rough
16.96(4410; nigs $6.60(1420; yorkers
430; good to choice heavy $6.30(7440.
Cattle—Estimated receipts 4000. Market
steady; quality fair; l»ecves $4G440; sows
fl.33C4.70; heifers $2.4005.10; calves $6.60(8
8; good prime steers 86.450490; poor to me
dium $406.(0; stockers and feeders |&70(f
4.(0.
Kheep—Estimate*! receipts 20.000. Market
irons; quality f*lr; natives $3.6O0€; west-
rn 6.7004; yearlings $6.7504»T Isiabs $5
08.
THE WEATHERREPORT
LOCAL FORECA8T.
For Atlanta nnd Vicinity—Cloudy nnd
probably rain tonight mid Friday, with rls-
mg srmperature.
weatheiTforecast.
Georgia—Fair nnd warmer tonight; Frldny
fair, followed by ruin In northern portion;
warmer in east and smith portions.
Month Carolina—Fair nnd warmer tonight
and Friday, except rain Friday In mountain
districts.
Alabama—Cloudy nnd warmer tonight, ris
ing temperature In enst nnd south portions.
WEATHER~CONDITION8.
Tho pressure has decreased rapidly over
the major portion of the country since yes
terday morntnr *-“* •- **
southeast and 1
ture In that sirctlon, causing rrcexiug tem
perature Jn the northern half of Florhla,
killing frost In the vicinity of Tampa ami
Jacksonville. The advance of the nrea of
decreasing pressure Is causing warmer
weather and Increasing cloudiness at moat
ststlous from southwest Texas northeast
to New England. Rain or anow has oc
curred at most ststlona In the northern half
venton aml’Los Angeles. <’*sl.
The conditions favor cloudiness and proh-
Minimum and Maximum Tamparaturaa
and Rainfalf.
Observations taken at f a. ax, fltb mart-
^ —..... Pacific.
Bnlllmort* and Ohio, Louisville and Nash
ville nnd Southern Pacific are alsa noticea
bly strong.
The Bank of England reports nothing in
discount rntos.
should be n firm opening In tbla market.
Private WDe to Southern Exchange.
New York, D«e. 27.—An long as a mon
etary condition domlnati
then? Is uo ample return ...
to the West nnd South, we look for profes
sionalism to color tho trading. The suit
enjoining the Orent Northern stock Issue
will scarcely avail nnd depress the st«K?k
much further, lu view of the decline al
ready suffered.
The Copper stocks. Pennsylvania, New
York Central, Northwestern, Atchison. Bal
timore nnd Ohio, Ntueltc*4 and Notional
I,esd nre worth purchase in the event
of nny sharp break.
Cotton Is entirely subject to professional
Influence, hut In the cud will sell lower,
nnd we would advise its saie on ai\ sharp
bulges.
Ifuy wheat In the event of extreme
weak ness.
E LATE TRAINS
ON THE BULLETIN
Southern train So. 35, due nt 5:10
o'clock Thursday morning, la reported
thirteen hours late, and may arrive at
:lock Thursday afternoon. At
The Atlanta and West Point train
p. m. The officials say the delay was
Advanced From
* Points During the First
Hour’s Trading.
READING THE LEADER
Standard Oil Interests Quiet
Buyers and Helped Cause
Strong Tone.
Sew York, Dec. 27.—Today's mar
ket rose mainly In consequence of Its
own oversold condition, which was
pretty apparent at the close of busi
ness yesterday. On the resumption of
business In London the financial com
munity were confronted with another
unfavorable showing by the Bank of
England. Reserve fell oft nearly (6,-
000,000, Indicating that the arrivals of
Paris gold had been absorbed, with a
large loss besides by the demands of
the home Interior. This drain, how
ever, as Is well understood, always oc
curs at this time of year, and In the
usual course of events Is quickly re
plenished after' the 11-st of the year,
when the settlement requirements are
over. Accordingly, while the proportion
of reserve to liabilities has fallen off
from 84 1-2 to 37 1-4 per cent on the
week, tho bank statement occasioned
no uneasiness In today's transaction on
the foreign security markets. British
MISSING YOUTH F00N0
IN COTTON FACTORY
Herman Logan, 18 yeara of age, of
Lfndale, Ga., who haa been missing
from hi* home since October 23, Ia*t,
wan found Thursday morning by Pro
bation Officer Gloer at work In the Ful
ton Bag and Cotton mill*.
A search for the boy woa made aa
the result of the receipt of a letter from
IJndale, stating that hla mother wa*
heart-broken over hla disappearance.
In the letter It was stated that Logan
left Llndale with the intention of com
ing to Atlanta, but that hla people had
heard nothing from him and feared he
had been murdered.
WILL WITHDRAW TR00P9
FROM 8CENE OF RI0T8.
Abilene. . . .
Amarillo. , . ,
Asheville. . . .
Atlanta
Augusta. . . .
Birmingham. .
Bismarck. . , ,
Boston
Buffalo
Charleston. . .
Charlotte. . . .
Chicago. . . .
Davenport. .
Do«lg« City. ,
K! Paso. . .
Fort 8ml tb. .
Galveston. . ,
Havre. . . .
Jacksonville.
Jupiter. ...
Knoxville. . ,
l.os Angeles,
ttacon. , . .
Memphis. . .
Meridian. * .
Mile* City. . ,
Nashville. ....
New Orleans. . .
New York. . . .
Norfolk
North Platte. . .
Omaha. ......
I'siesrlue
Pittsburg. ....
Portland. Me. . .
Portland. Ore. .
Ht. Louis
Ht. Paul
B un Francisco. .
avsnnab
Hpoksne. * . . . .
Tampa
Taylor
Thnmaavllle. . . .
Vicksburg. . . .
Washington. . . .
Wilmington. . . .
T Indicate* trace of
138S
rain or snow.
B. MARBURY,
Lection Director.
THE 8UGAR MARKET.
New York, Dec. 27.—Loral refined and
raw *ugsr market* *tc*djr and uurtranged.
Urndon beet market .lull,
gnnr clneed ateady; granulated 4.M.
Coffee—Dali; No. 7 itlo 7Kc.
SOUTHERN EXCHANGE
Oldaat Established Office South.
COTTON—STOCKS BONDS—GRAIN
Ground Floor Gould Building. Daily
market letter and market manual
mailed on application.
ATLANTA NATIONAL BANK
ATLANTA, GA.
c. E. CURRIER, Pre»ld*nL A. E. THORNTON, Vice-PretldenL
H. T. INMAN, Vlc*-Pr*»ld*nL GEO. R. DONOVAN, Cakhler.
JAME8 8. FLOYD, A**'t Caihlir.
Capital $500,000.00
Surplus and Undivided Profits....... $500,000.00
We Solicit Your Patronage.
L
J
Special to The Georgian.
Meridian, Mloa., Dec. 27.—Advices re-
celved at noon from Bcooba, convey
new* of a rapidly qulotlng situation
there and fro further death* are report-
cd. Governor Vardaman, who I* on
the acene of the trouble, I* known to
have believed the altuatlon exaggerat
ed from the first, and It I* therefore be
lieved upon Intimation* to that effect
from offldai source*, that he will return
all the troops now on guard to their
home* today and leave the deputy sher
iff In charge.
Mh. I. DVVUIlljr IIIOI ItCIO, Olllllll
?.P5K S « Ut rJ» orn i2 nnd home investment* were strong and
n? 7-4R P -‘ JlAnnS American stock* roue sharply with the
at 7.45, second reilt< At the local opening prices began
with a brisk advance, which was con
tinued with only slight Intermissions
during the reif of the morning. Th*
Hill stock*. In which Ilquldaton had
been heaviest yesterday, made the larg
est gain* of any, and Union Pacific,
Reading, Copper and Atchison were
prominent In the upward movement.
Call money loaned as high as 11 per
cent, but this was looked upon a* a
comparatively moderate rate under tho
circumstances, and did not Impair the
better feeling.
New York. Dec. 27.—The stock market
opened at general advances. Canadian-Pa
cific and 8t. Paul atarted lVi higher. Ana
conda 156, Southern Pacific H. Steel com-
mon H and Atehlxon 54. Smelting gslned
154 and Great Northern Ore certificate*
advanced a point. The featnre of th* open
ing eras an Initial gnln In Great Northern
preferred of 4'A polnta.
The strength of the market waa well
maintained during the flrat hour, ad
vance* ranging from l to 6 points. The
HIS stocks advanced. Great Northern
gained 6 3-4 and Northern Pacific 6 3-8.
A prominent feature wa* a springing
of a small corner In lee securities.
Rending waa a leader of the market In
activity, advancing 2 3-1 to 134 1-4 on
heavy trading. Standard Oil Interest*
were quiet buyer* and helped cause the
generally strong tone of the market.
Government bonds unchanged; others
steady.
PAGE SUPERINTENDENT
OF TRANSPORTATION,
Special to The Georgian.
Wilmington, N. C„ Dec. 37.—Effective
January 1, Owen Page Is appointed su.
perlntendent of transportation of the
third division of the Atlantic Coast
Line railroad, with headquarters at
Jacksonville, Fla He Is promoted from
district superintendent with headquar.
ter* at Bouth Rocky Mount.
O. B. McClellan, trainmaster ai
Charleston, succeed* Mr. Page.
BLUE-BLOODED MARE
8HIPPED TO KAISER.
New York, Dec. 37.—Mabel L..
blue-blooded trotting mare, was
shipped for Germany today to be add
ed to the kaiser's American horse col
ony on his stock farm.
The kaiser made the purchase
through Teno Noble, who represente
him In this country In all his horsn
dealings. Noble saw Mabel L. while
looking over horses In Carroll & Ku-
gen's stables, In Mamoreck.
ANDERSON’S DOLL
NAMED BY EIGHT
'Camilla Walkrr" wa* the name with
which tb* Ida doll lu tb* wludow of the
.Anderaoo Hardware Company wa* chrU-
teoed by Mayor Woodward and gueaeed by
eight ppraona In the content, which came to
a cloee Monday night. M*reral peraona were
kept iiuny Tuesday am! Wednesday sorting
the coupons, ao heavy was the couteat.
It has been decided that a drawing will
take place In the store January 1 to deter-
1ue the ownership of the prfxes. Letters
ve been sent requesting tb* presence of
ers. A little girl will be
MONEY AND EXCHANGE.
New \ork, Dec.* 27.—Money on call 60
U per cent; time loans firm; sixty days,
ninety days and six months $ ner cent/
. Posted rates sterling exchange actual
bualneaa In bankers' Idlla at $4.8266049376
for demand and $4.77%04.77*; for rixty
day*’ hills.
Commercial bills 607 per cent for sixty
ud nletr days* bills.
Bar silver 69%c.
Mexican dollara 53%c.
Government bonds firm. Railroad bond*
Irregular.
MINING 8TOCK8.
Boston, Mass., Dec. 27.—Trinity 17: Shan
non 17%: Michigan 21%; Arcadian 11%; Jsl*
Royal 26.
LONDON 8TOCK MARKET.
(Quotations furnished by Bonthern Exchange)
STOCK*-
Amalgamated Copper
Atchison
Baltimore and Ohio .
Chesapeake and Ohio
Great Western
Canadian Pacific
Brie
preferred
and Xaahrill*
New York Central
Ontario and Western ...
Pennsylvania
fgilliidelphla and Reading ..
Honthern railway
Southern Pacific .........
St. Paul
Union Pacific
do, preferred
lilted States Steel .....
do, preferred ..........
Wabash
do, preferred .........
8TOCK8 AND BONDS.
Atlanta A West Point ISO
Atlanta k W. P. debenture*... 109
C. R. c. 1st Income M
It. C. 2d Income..
Georgia Railroad..
HUBBARD BROS & CO., M SSL
Atlanta Offices, 219-221 Century Building.
Members New York Cotton Exchange, New Or
leans Cotton Exchange, Liverpool Cotton Asso
ciation, Chicago Board of Trade, New York Cof-
Ise Exchange, New York Produce Exchangee
Business solicited for the above exchanges.
Direct wire service. Correspondence invited.
Phones 454, Long Distance 39. A.S. Hu trace. Mgr,
L. H, Fairchild. S. J. V
L. H. FAIRCHILD & COMPANY.
NEW ORLEANS.
Msmbsrsi
New' Orleans Cotton Exchange. New York Coffee Exchange,
New York Colton Exchange, New Orleans Board of Tr.iii".
New Orleans Block Exchange, Chicago Bound of Trade.
LIVERPOOL COTTON ASSOCIATION.
Private wires to NEW YORK and CHICAGO. Order. - ill. Itrd f..
ture delivery, on above Exchanges. B. C. Cothran