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