The Atlanta Georgian. (Atlanta, GA.) 1906-1907, December 28, 1906, Image 11

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HE ATLANTA GEORGIAN, FRIDAY, DECEMBER M, UM. 11 p n der Leadership of Janu ary Prices Scored a Sharp Advance Early. FRIDAY NOTICE DAY # Pepored Some 80,000 Were Issued, But Were Appar ently Cared For. v.w York. Doe. 28.—Notice. were Issued tootx>at 80.000 belee at the opening of {£ Jotton ninrket, end had a depreraln* iewt im January. which declined 4 points. The Isle poiltlone, howerer, were firmer. I .iron* demand »t once developed for January, nevcrtheleee, end It advanrad 12 This led. to the belief thet the were being flopped and gave con- {Since to the whole market. The Liverpool market at the close Frl JJ irregular for options, with prices points higher, as compared with the nrerioUH close. & m rrKeb«ar'y":.::::::|| v ‘ |8« fP SjrJane »•» o.« o-eo Spinners' takings of spot cotton omountod to only 6.000 bales, at unchanged prices; “S 1 "!'*,.“'opening In Now York, prices .iightlr lower, doe mainly to the Set that today wits notice day on January, be trade being uncertain as to the num ber of notices to be Issued, and what dis position would lie made of them. The ac- G of the January, howerer. Immediately after the opening, led the trade to believe that nil notices would he well token enro or that month advancing sharply some 12 point, during the early trading, the other iptiona sympathising. It was reported some Saw notices were Issued. tt.„ movement still continues of enormous proportions, today's reeeluta aggregating fii twice, agnlnat S7,a» last_yenr, 30,061 tb«* year Iwfore nnd 86,032 In 1903. The (stlmnted receipts for tomorrow, and Sslrrston nnd Houston, nre also heavy, „ rampured with last yenr, the former m- pevtlng 10,000 to 13,000 Iwlea, against 6.308 actual Inst year, while 13.600 to 11,000 tates ■re expected at the latter, against 10,601 h "r'he New York Commercial says: •'In the export division of the cotton god, market the year la closing very qnletlv. The post week has soon almost a, entire nliscncc of orders, and the bunl- aea- not thiough has been the smallest In several weeks. Bed Sen merchants hove ■ent forward numerous Inquiries, hut the ■ter, Which they make are so much be low prevailing prices In this market that rotnni goods brokers have been unable to ■oo-ei the business. The deliveries want- el are also more than the mills can make even nt full prices, nnd this has Iren another serious drawback to on ac- tire del .... the year closes are remark able stilt, and notwithstanding the fact that ,'hlun has been practleully absent front the market during tho past year the amount of business being put through with other countries has fully made n» for the absence of China orders. Con- arrvittlve members of the trade stnto that bad China been as heavy a buyer ns was lb,- ease a year ago, prices would have I wit considerably higher thnn they are I the market entirely cleaned up noils. South American trade la quiet ns the year closes, while the do. nnd from the West lndln Islands shows little Improvement orer that reported for ••AdtTreB P reeeh:ed from Chinn continue to ij#nk of ptirchniM'ii being mode In that wrket of American cotton good* for ac- Wilt Of lndln, n* the good* •till remain draper there, and can no had much nioro J ilrkl.v thnn Is the en*e In this market. ilt»* n few export merchants look for a twlrn! of «'hl»m ilemnml late In January * rnrlr in February. They stati that ronU have been going up country to a hr larcer extent thnn Is rcnllsed, nnd lint the stocks held In the China markets »rn now much smaller thnn Is realized NEWS AND GOSSIP • of the Fleecy Staple. New York Commerelal. A numlkor of Arms will give up their prl- i wires the first of the year. * real 5.?°!* Is ma,,e to corner Jan- wry there will be more than 900,000 hales here by the eud of next month,” said well-posted broker. A nutnlter of local brokers are said to Hlg export railroads nre said to be making every effort to get cotton through to the ports, nud relieve tho congestion along their lines In the Interior. If true, this would mean a continuation of the south western movement which began early nnd has ruled abnormally heavy during the sea* Edited by Joseph B. Lively MARKETS Mr. Lively's twenty-five years* experience of ed iting markets In Atlanta nod the South has mads him a recognised au thority In his specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAME OF STOCK. out the following figure*: Supply. If not an- ytkor bale Is ginned after December 13. Sr 0 *™ 000 Ijnles; visible supply Septetnhor L 915.000; spinners stocas. American. Septoni- her 1. as per United States census, 6f5,000; European mills' stocks, September 1, 800,000; IIliters, 300.000; samples and repacks, 160.000; total supply. 13,929.000; to which each may S nilil his own views as to the amount to be uned after December 13. but In all proba- llty there• will be ginned hereafter a min imum of 1,500.000 balci, so we will probably hnye to supply the world this year at leaat 15.400,000 bales. When the present method of Inspecting n, Y* * cotton In New York was established It was thought that It would correct certain abuses which threatened the market itself. The system did correct the abuses, uud while there Is no dlsposltlc claim that It Is perfection Itself, it i be admitted thot a vnst amount of cotton bos been handled under this system with v «7 lbtla friction, and very little com- S lalnt. lew people have ever stopped to gure Just how much cotton has ever been certificated at New York, but tho records show that tho total up to the beglnnlu tho present season was 3.401.776 bales, ,.„u tneae flgnree do not Include recertifications. The figures by seasons nre as follows: Amalgamated Coppsl. Atlantic Coast Ua*. . Americas (Sugar Usf. . Anaconda. ....,■• American Locomotive. •lo. preferred. . • . Am. Hnikltwg lief. . . do. preferred. • • . Atchison do. preferred. .. . American Cot'oo OIL . Am. Car Foundry. • . . Baltimore ft Ohio. • . Brooklyn Uaptd T. . . Canadian VaclOc. . • . Chicago ft Northw'o. . Chesapeake ft Ohio. . Colorado Fuel ft Iron. Central Leather. . • . do. preferred. . . . Chicago ft Great W. . Chicago. M. ft Ht P. . Delaware ft Hodsoa. • Distiller's Securities. . Am. Ice Ssearltise. . . Loaisvtlle ft Nashville. Mexican Central. . • . Missouri Pacific. . . . '88 mK m K* * NAME OF STOCK. N. Y.. Out.* Wsstsra- National Load. . . • • • Northern Pacific. . . • • New York Central. . • • • Norfolk ft Western. • • • PsnnaylvaolA. People's Oat. Pressed Htesl Car. • • • do. prsfsrred. . . • • Pacific Mali Heading Republic Steel. •••••« Hock Island. ..••••< do. preferred United fitatca Bubbet- • < do. preferred Southern Pacific fc«"ith<»rii Hallway. . • - do. preferred Sloas-Shefflsld. . • . . . Tetm. Coal * Iron. . . . « S txaa ft Pacific ■Ion Pacific United States Steel. • . . do. preferred. To.-Car. Chemical do. preferred Western Union. •....« Wabash do. preferred Wisconsin Central. . • , , do. preferred 3 B '88 B 133 £8 m NOTES ON GRAIN. Pointers on Provisions. 18*8 Henson. 1887- 88... 1888- 89... 7.. 1889- 90. 1890- 91 1891- 92 _ 1892- 93 iiilftt » by Dales. ....294,263 ....228,774 ....161,127 Reason. Bales. 1897- 98 63.675 1898- 99 128.089 1899- 00 72.170 1900- 01 „. 217.862 1901- 02 180.796 1902- 03. 399,0 1903- 04 202.627 1904- 06 223.765 190G-06. 269,290 NEW YORK. tnres In New SPOT COTTON MARKET. Uverjwol. quiet nnd steady; middling up- tads 5.70*1; Hales 6,000. Atlanta, steady nt 10 l-16c. .New York, steady; middling 10.66c. .Vw Orleans, firm; middling 10 3-16C. TODAY'S PORT RECEIPTS, following table shows receipts nt tbs rawtor towns today, compared with tho g»* due Inst veer; VIEWS ON MARKET; OUTLOOK IS MIXED Wall Street .Summary. The professional element Is bearish on »«x. belief that before the week Is over call mouey will advance to abnormally high remaining days of the old year. Other In terests tndieve that tho decline which hna been In progress for some dors Is about over nud that even toduy considerable Im provement will be noted In the market ns a whole. These Interests seem pretty confi dent that the bear attacks on Heading will he carried much further. It Is understood about present prices, and Is likely to have n rebound upward nearly ns pronounced ni tho recent slump has been, ft is the opin ion of some of the Inrgest Interests In the market that the tone for tho next four or five days will bo more or less feverish and that the price movements will lie charac terized by considerable Irregularity. On nil weak stmts there Is good reason for be lieving thnt the standard stocks will be tremely well Imught. It Is expected thnt the sudden litigation gainst the proposed Issue of $60,000,000 Orent Northern railway stock will have a depressing effect upon thnt security. It Is assumed, nlso, that If Orent Northern dls- LIVERPOOL. IMIlir. m U. UI. UIUW. Y-IIHH •ember ...5.84%-8.B6% .... 5.47 6.S4’ •.-Jan. ...6.32(5-6.16# .... 5.43% 5.84 .-Feb. ...6.83 -6.36 .... 6.42% 5.34 ren.-Mar *“ Mar.-April ..5.12 -5.36 ..6.35 -6.38 Aprll-May May-Junc June-July July-Aug ...6.37 -6.40 Ang.-Hept. Closed irregular. 5.31 5.34 5.36^ NEW ORLEAN& The following Is the range In cotton fn turea In New Orleans today: Jan.’ .* ! i .] 9.84110.06 Feb March. . ... 9.9TJ10.1I Ajirll. . . .[.....I..... May 10.08 10.26 June.. . , July.. . . . [ 10.26110.40 Closed steady. II 10.02110.02-03 10.10110.09-ib lb! 22 10.21-22 10.1 Mn 10.04-06 10.14-16 ATLANTA MARKETS FRUIT8 AND PRODUCE. EGOS—Candled, nptlrr, 2Sc. LIVE POULTHT-B.aa. Mtlrta. BS—« Meta: cblck.n, pl.ntlfnl, lSOztc racb: duck,, l’cklu. 35c eseb; pnilill., 3tO*Oc •acb; ftau. full fcatb.red, ttc rack; tur- k< Ku'EHKBD’ FOtF£tRY-Oi.„. actlTc, lMIHVtc pound; turkeja. undraws, active. 17© 18c pound; hens, undrawn, ac tive, 13c pound; ducks, undrawn, fancy, “\c pound: frlea, active, 15c pound. PRODUCE—Tennessee ribs and bones. Sc; Tennessee sausage, 9c; lard, 10c lb.; bams octive, 14c lb.; shoulders active. 10c lb.; sides active, 10c lb.; bntter active, 16«22|4c lb.; beeswax, active, 26c pound; noney. bright, active, 8e pound; honey In 1-pound blocks, active, 12c pound; chestnuts active,* 13.00 bushel; dried apples, 6c pound; whits peas active. 32.50 bnsbel; lady peas, $3.00; stock, Sl.4O01.ft). tlve. 6c each; ducks. .... .., active, 40c u. active, 28c each; wild turkeys, active., 16c. pound; rabbits, ac corporation, nnd therefore does not come under the JurlHiUctlon of the attorney-gen eral for the state of Minnesota. Speculative Interests at this center have been fearful thnt all of the stock issues protmsed eently by several of the Inrgest Northw. _. eru railroads would be attacked through the courts of the state from which tho cor porations Involved receive their charters. On the other baud. It Is known thnt the di rectors and Inrgest Interests In these cor porations who have recommended the stock Issues are coutldent that ultliuntely they will be able to seeure legislation or litiga tion that may lie begun at the Instance of state administration or Indlvldnals. Authorities lu the steel trade are predict ing freely that 1907 will Is* the Inrgest nnd most profitable year In the history of the trade. Mon familiar with the affaire of the United States Steel Corporation expect thnt the Decemlmr quarter will !h» highly satisfactory, Innmuuch ns the mills hnve I men crowded to their full enpadty nnd as the weather conditions, on the whole, have been favorable to the Imst results possible. As the new year approaches there Is some apprehension In the minds of speculative interests as to what the state udinlulstrn- tlon will do to make good Its ante-election promises with respect to the public utility corporations In (Irenter New \ork. On the part of the largest Interests In these rom- panlea It Is understood that there Is little or no apprehension as to what the new ad ministration will do In th6 way of alleged remedial measures. Ports! Sre tirl'enim. . . . . , ualreaton MoUie. •taunnh. Dnrlwton. .... ' jllrain*tnn. gorfolk * . Baltimore. .... Won. . rhibtdcdpiiin. . . , ! ! pftwrlek 5'vp.rt News ■S/ffi-r and Ha "W 22986 72224 “W "W 6575 1756 1186 37&9 INTERIOR RECEIPT8. ka following table shows receipts at the t0<| ny. compared with the SL!i n T last rear; TwnT ter: 2164 1124 1373 22ffTi | 1445T °MUND ft CHARLES lttanr^ DOI : PH COTTON LETTER. ‘"t" Dec. 28.—Liverpool gave us r iu" 1 *‘»rprlse this mortilug by com- U I,!.; l M, l“*s, higher, Instead of that t 'Yi r ', nn finally closing Irregu- m n, 1l,fh " r * American markets acted ! ,p., 1 „7 r r;'r ' o(f ■Hubtly on l T,. • which was due to large tend- Wer T r»**dlly taken, aa the hi L n rf, w T re toPffo enough to admit of I Dp i. . fr ! ,, P. *n Interest stand|>oliit, hre «tT*..** u *«*kiF advanced 20 or more w , „ thro,, Kh the list. After tho ad- i ih* ,:„ ra * r *ct relapsed Into dullness, ran I, ', wa * *l«*dy. I do not think turn ,/ wr *nuch activity until after »t win i yc* r » then the price move- ras* wSss '. n o f r°o r it crop estlnuttca. The receipts hx, , K ot ' *n enormous scale for tbit t„ r -.! h c year, the total porta amount- > Th" 8 ? UBIlnst 4S.53* Inul l» .„',| '"••wftlht for tho week wss L***»« *3.000 U.t Tear, nl the ron.M wsrkot Urmou up on wliiit a ,ii !. S'xsl liujrlu,. eloatnx at-sily of 21«3* iMlota ore? Tester- PUBLIC TRADING WAS VERY LIGHT New York, Dee. 28.—The Hun says: "It was not much of n. market yesterday. It onened unchanged to 3 points down, nnd i*d steady ft*iU points down. There was Liverpool bull clique did not teem to rrighteii tho bear, nor did tho fact thnt an effort to secure a change In the rules of tho exchange to permit nnother revision lug, the market had little tone, nnd at times It looked very weak. It was a very narrow market, however, nnd sidling orders were not large. The hulls had de termined not to let March go under 9.30c, and they had little trouble In holdlug It above that figure. When there was n dis position to s<dl the hulls seemed very tint- and just ns mmui ns there was a dls- „..d tenders inny hnve some effect market. It was rumored yesterday that tlces would be Issued on 30,000 or 40,000 bales blit it Is not probable that notices will be Issued on ns much cotton ns tills on the first notice day, ns holders will natural!*' want to see who is taking np the cotton and how eager they nre liefore turn ing loose what they mac hold." New Orleans, Dec. 28.—The Tlmes-Dem ocrat says: "Aside from nil other |nmhI> Ide Influences, the over Christmas decline was logical, because of the general apep- nlatlve npathy. Behind all this, a monster movement, even though a record-breaking portion of It Is sold nud being hurried to day. The "bogle" of actual tenders seems to‘have miscarried, ns It always does when the difference between the s|x»t mouth am* the forward delivery widen*, as It has, t- more thnn the carrying charges. There can be little doubt thnt tU» prompt stopping of lannanr notices on nn advancing mar ket has left a considerable abort In tore* t in the nair positions. Th-*re v nk nothing lu tlie news to discourage bullish expec tation*. Spot people soy that nt the pres ent time cotton ran not l»e purchased lu interior snd shipped to New York for rerv «n con'rr.. t* without showing a material loss. Spot* marked np 10 points to 10.16c.-Herbert II. Brown, Manager the spinner. Is constantly developing bear- tab sentiment, while tight money and In vestment complication* are far from being, reasauriug factors in the cotton market. On the other hand, stanch friends of the staple are apparently unshaken In the bo ll,,/ thot once railroad congestion shall have been eliminated and the contracted for cotton moved Into tfteftand* the final purchaser, the movement will fall off rad- U.0NZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone, Main 858. ATLANTA. GEORGIA. OPENED HIGHER! LOST ADVANCE Heavy Selling by Profes sional Bears Caused the Decline. Chicago, Dec. 28.—Clearances for the week a* shown below were small, both of wheat and corn, and prices suf fered In consequence. Wheat closed 3-8'd 5-8c lower. Corn whs off 1-1 l-4c; onta were l-8c oft to 1-8 up; pro- vlalonH were 5920c lower. Receipts of wheat at primary mar ket* 818,000 bushel*, and corn 1,025,000 buNhel*, compared with 925,000 and 970,000 bushels respectively a year ago. Clearances for the day 226,000.bush els wheat, 620,000 bushels corn and 100 bushels oats. Clearances for tire week 2,496,000 bushels wheat and f,660,000 bushels corn, against 3,448,000 and 4,607,000 bushels a year dgo. Cash sales were 115,000 bushels of wheat, 111,000 bushels corn and 150,- 000 bushels oats at Chicago; five loads wheat, two loads com and 15,000 bushels oats nt the seaboard. THE WEATHERREPORT LOCAL FORECA8T. WEATHER FORECAST. CHICAGO GRAIN MARKET tire, 12Hc Mich: uqulrrala, nctlv,. l»e »ni-h; nnoMiiiu. dre.wd, ectlve, 11c pound; opor mm. Hr,, «ctlv», Ic pound. Kill! ITS-Lemon., fine, Mraiena, H.MO *.00 nnnnnna. per bunch, cull., nenre, IOcOll.00; stmlfint,, I1.60A2.00. • ■"'•TP 1 '*; Florbl* itock, per crat,. 22.00. Orjuira raaeSri% to ifaffi Choice Hen n»rU, 2J.2MW.6ff: Cugy. New York «t«to, •PPlMj, "'"W. tie., choice. |H*r b.rrcl, |3.»«4.80; £*ncr, 02.50. Limes, Florida otock, per huudred, S cents. Nut*, fancy mixed, in boxes, per pound*. 12H614C. Cocoansts, hsavJ rultan*. sock of 100, active,!it HW sack. F^jouta In Mcka averaging 100 pounds eficb, owing ts cr vKrt I^TA Ri“':'(L-ncrt., rahhtf. crat.j c*« plent, nctlrc, 22.00 crate; cucum ber., 2160 crate: tom»tnra. f»uc,. ocllrj. 22.60 crat.; tom,tora. cb°lc., *enT ( j. 22.000 ( Q Untn ,| oni f„ rn |,bcd b, Southern Exchnnge) «?ss tfc,- — low active, 75c bushel; sweet Pp*»toea white F flST;r-htrtil? Au?». P »2^ l Sjj° N iSt- ent I4.W: standard patent. $4.25; half pat- •nt, K.90; aprlng wheat patent, $5. CORN-Cholce red cob. Me; No. t wMtft 64c; No. 2 yellow. 67c; mixed. 62c; old crop choice, 68c; old crop No. 2. 64c; new Tennes- mh, white, 63c; crack corn, per bushel, 70c. ^OATH^J’holco white fllnned, Me; No. J white. 48c; No. 2 mixed, 47c; Texsa ruat proof, 64c. . Qolden oata. 47c. Saturday; warmer. Alabama—Halii tonight and Saturday, * cept fair Haturday In southwest portion. WEATHER~CONDITION8. Unsettled weather conditions prevail over *■“ ‘er port— *' “— “ J»l, been general In the last fulling this morning lu nomona or Ainoamn, Georgia, Tenneasee nnd the Ohio valley. The nrea of high pressure In the southeast Is gradually decreasing In energy as It moves seaward. In the Interior of the country the pressure Is uucqunlly The temperature has risen at most sta tions east of the Rockies except In Texas, Arkansas and Missouri, where It haa grown colder. The conditions favor rain In this section tonight nnd probably Haturday. Minimum and Maximum Temperatures and Rainfall. Observations taken at $ a. bl. TStb marl- The Chicago Record-! tern Id: Thcyo was every evldeucc of a vigorous If not con certed raid ou the provision market by pucklug Interests uenr the close of yester day's session. Trices wore altltndlnous enough to tempt short selling lu any event, and they were also nt a point that was decidedly Inimical to legitimate pack ing operations. The market was full of pyrumlders. \jbo have recently been enjoy ing an unbroken period of success. Tuo raid was evidently designed with nil Idea of fordug this class of owners to make a weak provision market, nud, of course, af fect prices of hogs. The receipts of the lat ter at western centers were such as to glvo the trade consldernblg anxiety. The T run yesterday was 67.800 at all j points, ns n file trade had brokers that were thought to represent packers gave color to the current reports thnt large sales of lard had been made for January shipment. "The car situation with us Is as tight ns It has been at any time this year, said W. H. Moore, of Spencer, Moore ft Co., of Dnlutb, who was on the floor yesterday. "There la a large number of elevator* In North Dakota that nre full of wheat and locked up. The s! tun tlon 1* worse on branch lines than at points which have competing nillrond*. The flour demand nt Duluth Is wretched. My Information regarding central and southern Minnesota and South Dakota la not ns complete as In the district that la directly tributary to ua, ami I would, therefore, veuture no opinion of It." An Improved shipping demaud for corn has developed from the cast. The East ern buyers, however, were mainly domestic distributors. Export trade was at n stand still. Following arc snmples of the views of .export concerns at New York: "Corn Is offered quite freely from all over, but It la the same old story of no demand. Export blda are generally lower than Hat uruay. With this comlltlou and minimum ocean rates, It la hard to feel bullish from this end." Another exporter wired: "Corn Is of fered relative!/ cheapest In years c. I. f. here, and ordinarily buyers would tnke It In blocks, but we have no blda today." Tho Minneapolis flour output last week, showing an Increase of 15,325 barrewHH quantity of flour turned out waa 3^6,730 bar- rela, against 238,926 tmrrels In 19<6. Most Minneapolis mills experienced * dull trade last week. Hale* made were usually les* thnn their output. Shipping directions on old orders were reported good In some cases nnd very slow In others. Continental cables to a local export houao There was a Winnipeg message here claiming that the evidence Is Increasing thnt the Canadian northwestern wheat crop was underestimated, nud that It would aggregate 96,000.000 bushels. "Harvest Is progressing rapidly. There Is ever/ prospect thnt the crop will be se cured In good condition," saya The North western Miller's cable from Argentina. Visible supply changes compared with Inst week show Increase* of 691.000 bushels of wheat, 84.000 bushels of corn. 728,000 bush els of oats, 101.000 bushels of rye nnd n decrease of 709,000 bushels of barley. The visible now Includes 43.836,000 bushels of wheat, 4.506,000 bushels of corn, 12,967,000 bushels of onts, 1,696,000 bushels of rye and 3.484.000 bushels of bnrley. Local public elevntor stocks of alt grades f grain, compared with last week, show ..icrenses of 469.000 bushels of wheat, 144,- 000 bushel* of corn, 1.000 bushels of ryo and n decrease of 22.000 bushels of outs. Totals now nre 9,538.000 bushels of wheat. 438.000 ' uslicls of corn, 1,574.000 bushels of onts nnd 533,000 bushels of rye. Min. Max. Ratios lull C boles, tffi; do** No. 1 clover, mli«l. 21.20; <1?., Na 2 clover mixed tl 15. Choice Bermuda. 20c. RYE—Georgia, 21.00; Tenntaara. 20c. Bar. "I’hfauova pricey arc f. o. h. A Haul. PRO VIRIONB—Bopramo bama.l2c. Dov, Usuis, lie. California hamj. »!ff0. lira .alt "lira riba, S.«H. bellies, W.2Sj>oumla. 10.2S; fot hacks, 2.00; plates, I.W; Suprema lanl, 10,2712; Huow prlfMjmujKJiind, 2.60. Bream, 6«7e .pound; snapper. 10c pound: trout, lo pounl: bln. 8sh, fc pound: pom- VMXSAl freih*wt.ar M'bar^^racb -bad. 2#20c. YoTfe^;”*” VSSS&£" "•* COFFEE—Posited Arliuckle's. HIM:balk 'VSB&ssfafflssa&fc ‘cHEFHK-Panej fall cream dairy, UMe; '"'hreditad biscuit 22 eara: No. I rolled ml.. 13 caao. Beck arlla, fi-nound bag,. ILK Oysters, full weight. 21.76 ease; light weight, 21.10 ease. Evaporated apples Ate pound. I’epper. tic. Raklug powdery, T» care. Red aalmon. IS ease. I'tok salmon IV35 rale. Coeoo, »e; eboeolate 3Se; aBuf, 'pi’"": 1 ..ii?' Ki t —wa , ■■UK. Roast t>eef, 21.30 case. Corned beef. 21.20 ease. Catsup. 21.20 ease. oi...e. Vow OrlMna Kg- rail,in- rnrn Ma r. New Orleans. 36c gallon: corn (Tuba 36c gallon; Georgia cane, ‘ 60c. All. ■ft Eiv 'lOO-poond. 20c. Ail. greara. II.Tl! Hods craekere. »Hc pound: lemon 71<c; ora- ter 7e. Barrel candy, rar pound, fc; mix- IJma beans. Vkc. Best matches, per gross. $1.66. Macaroni, $Jfc07c per pound. Har- dines, mustard, W.25 case. Totash. 33.M I SO esse. Pssnots. 64**. Rope. 4 ply cot ton UHc. Hoop. 31.806N (‘brlstmai and the New Year's holidays Is reflectcol in fewer foreign Inquiries, and the fact that at the moment the In*tier grade tension I* somewhat less keen has had the partial effect sentimentalists hare been looking for. However, cotton on Its merits will probably he heard from In an uumlstaksble manner once the world again dons Its trading clothe* and get* down to buslnesii. In the Interim, the game will doubtlesly continue stupidly dull and I quite uulnterestlng. Meanwhile, the ef- forts of certain uteniliers of the New York cotton exchange to secure a wholesome re vision of the fixed grade difference rule of that exchange has t>at the talent on the nige of expectancy because of the far- reaching Influence such a change might ex ert on the world's cotton price parity."— Houtbcrn Exchange. Dec 74% 74% 73V* 73}i 74U May 7S% 78% 77H J7H 7|g J ul v 77% 77% 77 77 77% CORN-, Dec...,. 41 May 43% July 44 OATH— Dec 34*f Mar..... 36% PORK- Jnn.. 16.17% 16.17] May.. 16.76 LARD- Jnn... 9.25 May... 9.42% 81DE8—- Jau... 8.60 44% 43% 8.67% 8.60 $.63 May.. 8.92% 8.96 8.67% 8.90 $.97% CHICAGO CAR LOTS. Below Is glvso receipts today aoi estl- oatsd receipts for tomorrow: Today. Tomor. Wheat T LIVERPOOL GRAIN MARKET. Wheat—Opened % higher; closed % high- T. Corn—Opened % higher; closed % higher. LIVE 8TOCK MARKET. Abilene. .... Aninrlllo Asheville. , . . Atlanta Augusta. . . . . Blriiilngham. . . Rlsninrck. . . . Boston Buffalo rharleston. . . . Charlotte. . . . Chicago Cincinnati. . . Corpus Chrlstl.. , Davenport. . . . I lodge City. . . El Paso Fort Smith. . . (inlveston. . . . Havre Jacksonville. . , Kansas City. . . juju Key West. . . . Knoxville. . . , 4 Ix>s Angeles. . . Macon. .... Memphis. . . . . Meridian. . . . Miles City. . . , Mobile Montgomery. . . Nashville. . . . New Orleans. . New York. . . , Norfolk North Platte. . . Omaha Palestine. . . . Pittsburg 1'ort In ml. Me. . . Portland. Ore. . Ht. I^tils. . . . Ht. Paul Han Francisco. . Savannah. . . . Spokane Tamp*. . . . . Taylor. Thonutsvllle. . . Vicksburg. . . . Washington. . . Wilmington. .T 16.22% 16.77% RIO GLUTTED WITH COFFEE FOR EXPORT Special CorVcspondcncn to The New York Commercial: Rio DeJonelro, Dec. 3.—In spite of all efforts to curtail deliveries of coffee In Hantos, nearly 1,700,000 hngs were brought down In November. The Hao Paulo railway station nt Hantos had at uue time Inst month In store nearly 260,000 bags, of which 22,000 were paying demurrage. A nuu'li greater uumfrer was liable fur this payment, which, neeordlng to the regula tions of the railway, can lw charged after a delay of forty-eight hour*, but the time lias been extended to meet the extraordi nary circumstances of the situation. Cof fee has l*ecn delivered dnlly after 4:30 p. tn. nt the passenger platform* to thesr firms which undertake to cart away tin mediately. The crop for Hao Paulo alone Is now calculated at 17.000,000 bags, nud the next crop nt 8,000,000, or say 25,000.000 for the two season*. I it Hlo the estimate of 3,- 600,000 for the current season inny not lie exceeded, but next season 5,000,000 will prob ably Is* delivered. ...*****« If Is reported that n loan of £4,000,000 or £5,000,000 for valorization has now been arranged, nud that this will receive the Indorsement of the government of the union. The surtax of three francs was due for collection In Hantos on December I, but some 88,000 Itags shipped on that day were illspntchcd the day before and did not pay this much dls- The 'market In Hantos today Is quite willing to sell coffee to the government to any extent, but whether 42,000 tings re ported n* sold on December I were all nought by the government Is not yet diowii here. The conversion bill has now passed tho senate nnd has lieen returned to congress for Indorsement of the nmuudmenta. Pala tial premise* on Central avenue are nwait ing occunatlou, nnd gold Is oil Its way out to fill the strong rooms. The scheme Is much nltcred since first proposed, and one change unfortunately sceius to leave nu opening for speculation. BULK OF TRADERS 01 THE BEAR SIDE After a Strong Opening the Stock Market Became Irregular. DECLINES FOLLOWED Reading Prominent Feature Rest of List Followed Its Movement. New York. Dec. 28.—The advancing ten- drawn heavily upon the leudable supply and \ nected, .... funds for the year-end _ drawn heavily upo ntbe leudable supply and because stock exchange borrower* were in need of the money taken out today for the rates had betn untlcl- ereat had been reduced i rise of the previous Motors who had Imught > considerably by the — days, and many speculator* who had tmngbt merely for s small tarn were waiting to | take profits. Prices, after holding fairly steady for the j " *• ite on call loan* I __ _ per cent. The Hill stocks, Ht. Pant and Union Pndflc were the readiest to yield, while Reading and the Steel shares snowed tho best resistance. Rut the ds/'s trading merel/ emphasised the view that prices are likely fo move within a narrow range until the money dif ficulties are over. 1 After a strong opening the stock market became somewhat Irregular with'the balk of tho traders arra/ed ou tho bear side and some renewed liquidation of speculative ac counts consequent upon the closing of the year thnt caused recessions from the high est range In the first few minutes. Reading, which was again the most prominent fea ture. was bought on a large scale. Price movement* In tho rest of the list followed those of Reading, early gains be ing succeeded by a* general reaction la which a number of Issues fell below yester* | New York. Dec. 23.-Time loons firm; six ty days, ninety day* am! six months f per ccut; posted rates, sterling exchsuae. actual business In bankers' bills nt $4,827 Mexican dollars 53%e. Government I muds firm. Railroad bouds Irregular. LONDON 8T0CK MARKET. (Quotation* furnished by Houthern Exchnnge) Amalgamated Copper ... Atchison Baltimore nnd Ohio Chesapeake ami Ohio .. Orent Western Canadian Pacific Erie do, preferred- Illinois Central Kansas nnd Texas ....... do, preferred ........ Louisville ntul Nashville New York Central Ontario and Western I'eiiiisvlviinln Philadelphia and Reading ... Hourheru Pacific Ht. Paul Union Pacific do, preferred United Htntes Hteel do. preferred Wabash do, preferred Clraictoli iraii iMii isii 2& SOUTHERN EXCHANGE GRAIfl LETTER Chicago, Dec. 28.—Wheat showed a firm timlcrtone and worked almut %c higher. There wns a large deereaseMn European vis ible, nnd the wheat movement northward was nlso light. It should be bought on all react lous. Co the weather being milder. The receipts i Chicago were good. There was net much | demand, nnd prices gained slowly. Onta were more active nnd quite strong, , regnlnlng much of the loo* following th« government report. The statement of tha Cincinnati Price Cnrrent that the crop this year was 100,000,000 short of Inst year coin cided with trade views and led to quit* a 8T0CK8 AND BOND8. Georgia Railroad Is.. SftBMftjB:::;::;:::;::;:: IJi* Atlanta 6s. 1911 103 Atlanta 4%s. 1922 107 Atlanta ft Went Point 166 Atlanta ft W. P. debentures... 109 C. R. C. 1st Income $4 C. R. C. 2d Income 74 C. R. C. 34 Income 71 Georgia Railroad 200 {S'* :f—M Chicago, Dec. 28.—Hogs— Estimated H cclnta toilny 26,000. Market steady; bulk K.»ft6.39; light hogs $6.1006.30: mixed 96.10 06.35; heavy $6.964r6.3&: rough $6.9606.10; pigs $5.6006.10; yorki-ra $6.2006.30; good to choice heavy $6,264:6.33. Cattle—Estimated receipts 3.000. Market strong; I mere* $404.90; cows $1.3604.70; bdfers $2.4005.10; eslvcs $6.5008.50; prime to good steers $6.4606.90; poor to medium $405.40; stin kers nnd feeders $2.7004.66. Sheep—Estimated receipts 12.000. Market weak; quality fair; native $3.6006.90; west ern $3.6O05.&; yenrllugs $6.7506760; In mbs $607.90 ; western $607.85. mjm■ T Indicates tracs of rain or snow. J. B. M A It BURY. Section Director. THE COFFEE MARKET. Opening Range. Close. January 5.1&5.6Q 5.6O£.60 February 5.9)5.65 5.06-5.65 March 5.705.75 5.70-5.75 April 5.73-6.80 6.756.80 May 5.80-6J6 6.864.90 June 6.00-6.06 6.006.(6 July 6.06-6.10 6.064.10 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, Lotters of Credit. Corresponds direct with the National Bank of Cuba. COTTON SEED OIL. Following were the opening and dosing prices on cotton seed oil today: .fccmhra. . . . MS January February. .... March. ...... May. ....... July Closed steady. SOUTHERN EXCHANGE Oldrat EiUblUhad Office South. COTTON—STOCKS—BOROS—GRAIN Oround Floor Oould Building. Dnlly market letter nnd market mnnual melted on eppllcntlon. ItSTSSbiS.”""” Third National Bank Capital Surplus $200,000.00. $300,000.00. New York. Boeton. Chicago. Washington. Philadelphia. Baltimore. Atlanta. Now Orleans. San Francisco. London. The American Audit Company 100 Broadway, New York City. F. W. LAFRENTZ, C. P. A, Proa. G. E. MANWARING, Vice Pree. THEO COCHEU, Jr., Secretary. Tho American Audit Company, chartered under tho lawe of New York la empowered to examine the affair* of, and make reports upon the finan cial condition of private and public concerna for director*, officer* and In dividual!. The preparation and Installing of ayatema a specialty. ATLANTA BRANCH. 1015101«-10171018 FOURTH NATL BANK BLDO. 0. B. BIDWELL, Resident Manager. Ttltphont, Main 872. Cable Address, Amdlt, New York, ■ ■ L. H. Fairchild. 3. j. White. L. H. FAIRCHILD & COMPANY. NEW ORLEAN8. New Orleans Cotton Exchange, New York Coffee Exchange, New York Cotton Exchange. New Orleans Board of Trade New Orleans Stock Exchange, Chicago Board of Trade. _ LIVERPOOL COTTON^ ASSOCIATION. Private wire, lo NEW YORK and CHICAGO. Orders eolln;. .1 for fu ture delivery, on above Exchanges, B. C. COTIIllA \\