The Atlanta Georgian. (Atlanta, GA.) 1906-1907, December 29, 1906, Image 12

Below is the OCR text representation for this newspapers page.

' •• ■ ' A ■ ' - • •- .. ATcnDAT, December s. ion. HOLIDAY AFFAIR HESTER'S WEEKLY COTTONSTATEHENT ftcrrrtnr.v Hester, In his weekly statement Liverpool Was Somewhat , Lower Than Had Been Expected. SPOT WAS HIGHER New York Was Dull and Uninteresting, Closing 6 to 8 Points Lower. New York, Deo. 29.-The opening of tbe local cotton market was better than ex pected. In view of the poor cables from Liverpool. There was again an especially food demand for January, with coverli Tater months, also n feature. The p eased off to 4 points, after the call on real ising by room traders. . while the professional element trade among themselvea, taking care, bow ever, to stay close to the shore. Under present conditions they are satisfied with u very small profit. The Liverpool market closed somewhat better than expected In the snot depart ment, K) points up at 6.70. Hninners* tak ings were very light, only 4.0WJ bales being sold. Futures did not meet exportations, tho. close being 1 to. 4* points ut>, whereas about 7 points advnnce had l**en looked for. Following *a the range In the active months In Liverpool today: Open. High. Low. December 6.52 6.52 5.48 Janhary-Fehruary 6.46* 5.46* 5.42 Mareh-Aprll MB 5.46 5.40 May-June 6.48* 5.48* 5.42 The New York market was very dull even for the Saturday half-holiday session. First prices were 4 points higher to 3 points low er. January showing the greatest advance, while March the 3-pnlnt decline. During the first hour January advanced 1 point to 9.32, March 5 points to 9.60 and May 2 points to 9.79. and then eased off 2 to 6 points. Herbert H. Brown, local manager Kd mund Sc Charles Ilandolph, received the fol lowing Hnturcfay morning: “The Liverpool and New Orleans markets will be cloned on Monday and Tuesday, abd the New York market will be closed Tuesday. Under these conditions, we can hardly expect much of a market today nor Monday. Don't think there will be the firmness In the market aa It was yester day. •* In view of the fact that the Christmas holidays made It Impossible to give the re ceipts at tbe porta correctly, the following table, giving the receipts for -each day compared with the last year and the year l»efore—the latter tbe big crop year—will be of Interest: Saturday Monday .Tuesday Wednesday .... Thursday Friday ¥ntal ...............77 fiNtliiiuteU Monday: " l5ST 73.506 48.1M 56.220 23,606 42.672 72.224 OTT 26.049 20.161 32.561 41,565 41.207 37,299 IfoT TOHl 28,170 54,859| 43,737 1906. 1906. New Orleans 16,000 to 18,000 10,825 Galveston 17.000 to 20,000 2,820 Houston 14.000 to 15,000 8,900 The New York market for futures 6 to 8 points net lower. SPOT COTTON MARKET. Liverpool, dull; middling uplands B.SOd; of 76.000 and an Increase over the same time In 1903 of 79,000. For tbe 28 ilayt of Deceml>er the totals show an Increase over lafet year At M.oto, an Increase over the same period year be fore Inst of 392.000 and an Increase over the same time In 1903 of 412,000. For tbe 719 days of the season that have elapsed the aggregate Is ahead of the 119 days of last year 883,000, ahead of the same days year before Inst 2,000 and ahead of 1903 by 1,128,000. The amount brought Into sight during the past week has been 448,968 bales, against 312,196 for the seven days ending this date last year, 373,186 year liefore Iasi and 369,610 463 last year, 1,731.247 year 1,711,932 same time In 1903. The movement since September 1 show's receipts at nil United States ports 6.802,178, against 6,012,334 Inst year. 5.800.977 year be fore last and 6,041.786 same time - In 1903. Interior stocks In excess of those held at the close of the commercial year 561.493. against 607.011 last year. 666.654 year liof.iro Inst and 474.963 same time In 1903; southern These make the total movement for tho 119 days of the season from September 1 to date 1,864.929, ngnlnst 6.981,800 last year, 7.- 862,481 year before Inst und 6.736,431 same time In 1903. Foreign exports for the week have been _!7,690, against 125,609 last year, makl~“ the total thus far for. tho season 3.971.C 32,491. as compared with tho corresponds period last year, and their total taking September 1 hare decreased 49.7« total takings of American mills, nortl spinners, against 1,206,544. Stocks at the senlioard and the 2 during the week 21,712 bales, against an In than at this date In 1906. Edited by .Joseph B. Lively MARKETS Mr. Lively's twenty-flvo years* experience of ed iting markets In Atlanta and tbe 8outh has made him a recognized au thority In his specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAME OF STOCK. Amalgamated Coppef Atlanta Coast Line. American Sugar Bif. Anaconda • American Locomotive. do. praterrad. , Am. Hmelttug Ref. do. preferred. . Atchison. . . . do. preferred. . American Cotton OIL . * . Am. Car Foundry er of bales brought | from the new crop, the 8.162,699. against 7,426,408 fc last year. j NEW YO f The following fa tha r tores In New York toda BK. nge In cotton fo- y; ill 11 11 1 U Dec Jnu Feh. . .**. , - March. . . . April. . . . May June July.. . . . August. .*. 9.321 9.321 9.32 9.31 9.32 9.26 ‘»l77| 9.70 ' 9^89‘9.89‘9.S0 9.33 Mi * ».ii b’ii 9.26*28 9.25-26 9.41-43 10.63-64 9.63^5 9.71- 72 9.76-77 9,1 M1 9.72- 73 9.30 9.27-28 9.44-46 9.68-69 9.68-69 9.76*77 9.81-83 9.88-87 9.78-79 Closed steady. - ■ — WORLD’S VISIBLE SUPPLY STATEMENT ■lc* 4.000. stonily; middling 10.66c. Norfolk. sfe-Mly; dubbtUns Charleston, firm; middling 9%c. Memphis, Mteany; iiimuiiug uV*o. TODAY'S PORT RECEIPTS Tbe following table ahowa receipts at tha Interior towns today, compared with tha same day Inst year: % ' Forts.' New Orleans. ... , . Galveston Mobile Ksvmnnb Charleston Wilmington Norfolk New York Ibis ton “W 1ST 12315 ■w Tsar -5mr _ INTERIOR RECEIPTS. Th, following Uhl. ,bow« rrrelnta at thr Interior town, tod,,, compared with tb, aiime day laat year: ’ 1906 EDMUND & CHARLES RANDOLPH COTTON LETTER. Atlanta. Dee. 29.—The old year Is al most nt Its close, anu we nre ntniut to en ter the new. Let us hope It will bring ns much prosperity to tbe whole country •e did 1906. The Influence of the holidays was apparent In the Kuglish entiles today, trading was very quiet all day, and after opening unchanged, when due to come 6fc7 points higher, prices closed at a net nil- vance of 102* points only. Kngllsh stmt market was 10 points higher on sales of 4,000 bales. Hinall spot sales nre the us ual thing during the holiday week. New »,°rk opened steady, paying little atten tion to the decline abroad, and was dull during most of the session, dosing fair ly steady at n net decline of 6fi8 points. There seemed fo l»e some demand for Jnu- uary with very little offering. There was no special trading feature beyond buying of March by one of the brokers who Vss a heavy buyer of Jnnusry against sales of late month* earlier In tho week. The week-end figures of Hester Were bullish from n mill-taking standpoint. 262.000 bales l*»lng taken, against 188,000 last year. This leaves ns abend of last year for the sea- sot» 184.000 bales, which Is a gradual In crease for the past three weeks. I do not look for much activity until after the turn of the year, then If receipts fall off a ltetter market all around can l*» ex pected. Uvcrpool Is due to come un changed to 1 up when they open next Wednesday.—Herbert II. ltrown, Malinger. THE COFFEE MARKET. Tbe following table gives the opening rauge and close of the New oYrk coffee market today: Opening It* nee. Close. 6.60-6.65 5.70-5.73 6>V5.86 6.90-5.95 6 956.00 6.00-6 06 6.10-6.15 6.20-6.23 6.30-6.55 6.®*. 40 6.40-6.43 January February .March 5.50-5.55 8,60-5 65 6.70-5.X5 Nay 6.06-6.10 ;Auuu»t 6.15-6.20 •October Orleans cotton exchange, shows an crease tor tbe week Just closed of 292,690. agalnat nn Inert*** of 216,977 la*t year and n Increase of 97.537 year before last. The total visible Is 5,173.646, agnlnsi ,880,966 Inst week. 5.307,977 last year and -,663,(564 year before last; Of this, tbe to- tal of American cotton Is 4,124,646, against 3,937.966 last week, 4.163,977 lnijt year and 3,910,664 year liefore hist, and of all other kinds. Including Egypt, Brasil. India, etc., 1.049,000, against 943,000 last week, 1,154,000 last year and 753.000 year before Inst. 'Hie total world’s visible supply of cot ton as above shows nn Increase compared with last week of 292,690, n decrease corn- payed with Inst year of 134,331 and nn In crease compared with year before laat of 609,982. . Of the world’s vis I bio supply of cotton as atiove. there la now nflnnt and held In Great Britain and continental Europe 2.432,- 000, against 2.575,000 last yenr and 2.366.- 000 year before last; In Egypt 239.000, against 191,000 ,ln*t year and 196,000 year before laat; In India 462,000, against 613.- 000 last year and 308,000 year before last; and In the United Htafba 2.082,000, against 1,929,000 last year and 1,806,000 year bof laat. efura SPINNERS’TAKINGS AMERICAN COTTON Secretary Hester gives the takings of American cotton by the splnucra or the isi jenr. oup.wv yenr wiorr m*r. Total alnett September 1 this year 4,655,000, against 4,471,000 last year and 4.417,000 tho year before. —_ _— —,— ilie year union*. Honfhern aplnners 9*0,00), against 949.000 last year and 839,000 the;year In* fore: mid foreign aplnnera 2,619,000, agalnat 2,316,000 laat year and 2dr<7,OQO tbe year.before. COTTON STATEMENT DURING PAST WEEK The movement of cotton for the week and Y «... Tort receipts 311,764 Overland to mills and Canada 6f,6?o •Southern mill takings 73,000 Gain of stock nt Interior towns 90.507 Brought Into sight for week..458,941 339,542 Total Crop Movement. This Yenr. Port receipts 6,811,145 6,066,546 Overland to mil* and Can ada 658.731 3M.859 •Southern mill takings.... 216,089 33,043 70.0J0 20,410 I«n»t 80UTHERN EXCHANGE COTTON LETTER New York, Dec. 29.—Foreign cables were not as good at expected, but were not unfavorable enough to cause any welling pressure in our option list this morning, which was rather steady but Innctlv*. Then* I* very little speculative Interest In the market at thl* time, but price* a p|tea red to* Im» fairly well mipnorr.il on sign of w<nknc*s, the Imying power .. raring to come from large Interests who are accumulating contracts on any de cline. Amount in eight for the week was 426.469. against 314,459. To date 7.74>.<*>♦. against 6,895.000. World’s visible *npply gained for the week 289,000 talcs. Is now 5.200,000, against 5.314.000, of which Ameri can I* 4.152.000, ngnlnst * 162.000. Export* to date 4.3&.OU. against StiW.m*). Price of middling In Liverpool 5.79d. against 6.24d. There I* regular holiday dullness In dry goods division, which Is. to a certain ex tent, quite welcome to producers and deal* s, who will now have nu opportunity to get their plants In condltlou for the com ing spring rush. We look for a narrow marker for tho Immediate future, nnd es pecially until after the publication of the next glnners’ report Brooklyn Rapid T, Canadian Pacific. . . Chicago A North w'n. . Chesapeake A Ohio. . Colorado Fnal A Iron. Central Lsather. . . . do. preferred. . . . Chicago A Great W. . Chicago, M. A fit P. . Delaware A Rodeos. . Distiller's Securitise. . Brie. „ do. .preferred. . • . General Blectrle. • • . Wlaola Central Am. lea Securities. . . Louisville A Nashville. Mexican Central. . . . Missouri Pacific. . . . NAME OF 4T0CK. N. Y., tint. A Western. National Lead. . Northers Pacific. .lorfolk _ ... Pennsylvania. . . . People's. Uae. . . . Pressed Steel Car. do. preferred. • Pacific Mall. . . . . Beading Republic* Steel. . • Son them Pacific. . . bOOthern Hallway. . do. preferred. • • Sfoss-Sheffleld. . . , Tenn. Coal A Iron. « Texas A Pacific. . • • Union Pacific. • . • . United States Steel. do. preferred. • • , Vo.-Car. Chemical. • , do. preferred. • • , Western Union. . . . . Wabash. ........ do. preferred. 6144 5114 . 5144 92*, . 91* 92 74^ p 3344 T •8644 "34* 36 a 36 36 a 18 36* 3. LIVERPOOL. The following give* the and close, compared with yesi Futures opened dull. Opening Range. 2 p. December 5.52 DercmtarJnuuary ...5.45 January-Fcbruary ....5.46# February-March 5.46# March-April 5.46 April-May 5.46 June-July 6.47# July-August 5.48 Auguat-Bepfember . ♦. .5.42 Closed steady. ipenlng range Previous . Close. Close. 5.48 5.47 6.48 6.44 5.43* 5.43 6.44 5.45 5.45* 6.45* 5.40 6.41 6.43 5.43 6.37 NEW ORLEANS. The following Is tho range In cotton fa tores In New Orleans today: Jnn. . . Feb. . . March. . April. . May. . . June.. . Jul; Hosed i 9.931 9.93-94)10.02-03 10.03-04 10.02 10.01-02 10.09-10 10.14-15 10.14 10.13-14 10.21-22 10.26-27 10.36-37 WEEK’S LOSSES REGAINED FRIDAY New York, Dec. 29.—The Sun says: “The market yesterday made up all that It had lo*t In a week. It wna notice day, and notices were Issued on about 75,000 bales. Instead of weakening the market, this seemed to have a strengthening effect, and there was a reason. A great deal of cot ton was tendered by people who did not want to lose the eotton, nml who issued tho notices Intending to stop them them selves. Home changes In the personnel of Is said, were effected by the ten- nd taking up of cotton. Wall street came and took up enough cotton to give the whole deal a bullish Influence. The New York cotton exchange Is being at tacked from so many sources n* nn enemy of tho cotton man that, perhaps, there was Just n little centlment in the effort made by certain people to hold up prices yesterday. The nubile did not come In. nnd shows no Inclination to buy eotton nt these prices. The market was steady All day, and, although It was dull at times, there was no time when It showed any weakness. During the last hour It hnd of support, nnd It was said that ’ort wna being made- to drive out January shorts.” New Orleans. Dee. 29.—Tho Times Dem ocrat says: ^'Yesterday's cotton «•••«'»♦ ■ “—* -auditions, rather and values ad vanced In consequence. Demand for de sirable cotton hna again become keen, and huvers are finding such nn abnormal ly large proportion of tie crop tl*d up III trade tlfraa sellers are refusing to ac cept offers ipjrli but n little wnlle ago would have been looked upon ns grotesque ly large. Liverpool good middling -was sold at Augusta, Gn., yesterday on tho hnals of 96 (mints on the New Orleans Jnnunry option, n Iwisls which sellers lu New Orleans have refused. Competout au thorities among tho foreign firms repre sented In tho South assert without reserva tion tlint Important December commitments . *.— •* -* *-*- * re- ... so- fact that lending actual eotton firms took tip some 49,000 ten dered yesterday at Now Orleans Illustrates this point emphatically, even more so than does the fact that very heavy tenders nt Sew York failed to holA tbe market down. Meanwhile, exports from Southern ports are holding up to the logical expectations, n monster movement I* Increasing Interior siochs ss slowly that th* !•»•!»* msrveia dally, and European trad# advices are en couraging In the extreme. Even the China outlmdc Is evidencing much brighter pros pects. Thus the situation appears to In volve less iHMirlah advantage liecaaae of the absence of speculative support and ‘ cut tha WHEAT OPENED HEAVHND LOWER Bears Offered Freely and Professional Longs Were Heavy Sellers. Chicago, Dec. 29.—Wheat cloaed 1-4 <j>3-4e lower for the day. Corn waa unchanged; oats l-4©3-8c lower. Pro-, Visions 20c loner. Liquidation and the putting out of short lines were the features. Wheat waa active, the other cereals being rather slow and hog products moderate only. Cash grain transactions were rather light for the day. Primary receipts of wheat for the day 816,000 bushels and corn 934.000 bushels, compared with 948.000 and 936,000, respectively, year ago. Clearances were 633,000 bushels wheat, 312,000 bushels com and 9,000 bushels oats. Weekly primary receipts of wheat 4.866.000 bushels; a year ago 6,068,000; corn 6,842,000 bushels, a year ago 6,- 664.000 bushels. The visible supply Is expected to show an Increase of 2,000,000 for the week, compared with an Increase of 2.400.000 bushels a year ago. THE CHICAGO GRAIN MARKET. (Quotations furnished by Southern Ex- chSDge.) Ohlfngo ^trnln sod provision quotation. Previous Open. High. Low. Close. Clot*. huge nos the movement tlmn bus np- ill--. - —- ———• —- a - - — . - tween the three grout markets, when Ivseil, ore enslly understood, hnvlug dim nl it hove the New York end 1 tverptml |utr- Itv been use «tf Its sueeessfitl light for price control, inode imesllde by the fsr-resmlng change lu the altitude of the eotton pur- ehnses."—Southern Exchange. CHICAGO CAR LOTS. Below Is given ivcelpts tod,/ sai «»0- muted receipts for Monday: Today. Monday. Wheat * fora Oat* - n LIVERPOOL GRAIN MARKET. COTTON SEED OIL. Following w*re the opening and dosing prievn on cotton nootf oil today: Opening, t'loslng. Doccmltcr 41*4i44 January, ....... f>39* Fcbnmry 38 *i3s' a Mar.h 37*4i3M May 37#g37H July 3^ Hal***. 190 July ut 38. «'|»»^1 »t*>*i|>. M.ONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone. Msua83l ATLANTA. GEORGIA. SOUTHERN EXCHANGE STOCK LETTER New York. Dec. 29.—Today’s stock market wum rather steady during the early trading, but the volume of busl* nea* was t04» small to produce a wide range of price movement. The cop per stock* were steady during the early trudlng. Near the time for the bank statement the market became weak on heavy offering* of Reading, St. Haul and Union Pacific. The buy* Ing-power U not aggressive enough to hold the market at the high level. The bank statement was somewhat worm? than expected, which was not In fa vor of value*. Professional trader* ami the outside public are Inclined to await some further development rela tive to money condition* before taking any active Interest In the *tock mar ket. The return of money to New* York will surely follow the payment* of end-of-year dividend* and Interest disbursement, taking place January 1. After thl* time monetary condition* will naturally Improve and general condition* will warrant an aggressive campaign for a bull market. In the meantime we forecast a steady, but narrow market In which day to day traders must be satisfied with small profits. WirEAT— Dec 73* 73* May 77* 77* July 77 77 COHN— D vc May .... July.... 43’fc 40* 40* -!3* 43* 73 77 76* 40* sS 40*4 42fi m, rORK- Jitu... 15.90 15.90 15.So May... 16.62* 16.62* 16.35 8.57* 8.87* 80UTHERN EXCHANGE DAILY GRAIN LETTER Chicago, Dec. 29.—The market In wheat vm somewhat firmer on go«»4l cables, small Argentine export* nml unfavorable weather fomllthnis. Then? was no special feature, however, nnd eased off during the Into trad ing. There are satisfactory reports of win ter wh4»at and a prospect of a more liberal demand for the old crop. Interior receipt* 818.D00, against 925.000 last year. Kxporta 80,000. ngnlnst 245,000 last year. C’4»rn steady during the early trading. Heavy receipt* nnd an easier tone prevnihMl. though the Inlying power was rest riffl'd. Interior receipts 1,025,000, agalnat 970,000 Inst year. Exports 621,000, agalnat 1,077,00) last yenr. Oats active and stroug with good cash demand nml further Influenced by small re ceipt*. There Is evidence of speculative In quiry In this market, with every prosisN't of an arrive trade. Interior receipts 494,000, against 756.001) last year. Export* none, against 181,(W0 last year. THE LIVE STOCK MARKET. rhlcsgo. Dee. 29.-Ilogs— Estimated re ceipts 15.000. Market strong to Sc higher; bulk 8d.2fyft6.40; light hogs frt.15fc6.37*: mix ed I6.4fcit.46; heavy 8604.42*; tough 8*fc 6.t0; pip* 85.-Vqf6.l5; yorker* $6.hfi6.&: good to choice heavy 8rt.3Wi6.4o. Gnttli^—Kstlmateil receipt* 300. Market steady; lieeves 84fc4.90; cow* 81-3604.70; hirers 82.40fc6.10; calves 15.5068.50; prime to goml *t**r* 86.45fc6.90; poor to meillum 8465.40; stocker* and feelers 82.704j4.6S. Hheep—Estimated receipts 2,000. Market st4'mly; natives 83.50fc6.90; western 83.50fc 5.85; yearling* 85.7M»6.60; lambs |5fc7.9i); western $5413.85. THE WEATHER REPORT LOCAL FORECAST. For Atlanta nnd Vicinity—'Unsettled weather with rain tonight and Sunday; continued high temperature. weathepTforecast. „ ... possibly showers In northwest portion " * er*. Honth CnroUna-^Falr tonight except show ers In mountain district*; Sunday show'er*. Alabama—Occasional showers tonight and Sunday. WEATHER CONDITIONS. Cloudy weather prevails today over entire country with generally unset . conditions. In the last 24 hours rslns have been general south of tbe Ohio nml cast of the Sflsfllssippl nml In the Hooky Mountain and Pacific const states. Over the eastern half of the cotton belt dense fogs are gen eral. The pressuro Is highest lu the northeast nml southeast, while an area of low* press ure I* centered In northern Texas. The temperature has risen on tho Atlantic coast, in Texas. Montana, Washington and Oregon. Elsewhere there has been but lit tle change In the last 24 honrs. The advance of the low pressure area from Tcxhe will probably canae cloudy nnd unsettled weather with rnln In this sectlou tonight and Hundny, continued high tem perature. Minimum and Maximum Temperatures and Rainfall. Observations taken at I a. m., TStb marl* Abilene Amarillo Asheville Atlanta Augusts Birmingham Bismarck Boston , Buffalo. . t'harleston Chicago. Cincinnati Corpus Christ I. , , Davenport. Dodge City. . . . . . El Paso Fort Hiulth. . . . . . Galveston Havre Jacksonville Jupiter Kansas City Key West Knoxville I*>« Angeles Maeon Memphis. ...... Meridian Miles City Mobile. . . . t . . . Montgomery. . , . . , Nashville. . .. . . . . New orjeaus New York. Norfolk. North Platte. . . . . . Omalm Palestine Ittsbnrg Portland, Me Portia ml. Orr. . . . . . St. tenuis Si. Paul San Fraiielseo Savannah [poknne ranipn J*aylor. . Thomasville. . . , . . Vicksburg Washington Wilmington T Indicates traca ol J. J. BARNES CO.’S PRODUCE LETTER Atlanta, Oa., Dec. 29.—Thla being the week after Christmas, dealer* sre devoting their time to cleaning up ttoeks preparatory to the usual Inventory of January 1, nml iu conoequence n sluggish market ha* l»een the rule. The cold wave, which extended to the middle portions of Florida, has done consid erable damage to the orange crop, nnd we look for Borne slightly frosted fruit to come on this market within the next ten days, bnt there will be plenty of sound stock, which will range In pric,e around 83. Grape fruit and tangerines are coming In moderate supply, demanding good prices. Pineapple* are telling well at front 33 to 83.50 per crate. Bananas, well colored stock, are rauglng from 11.25 to 81.75 per huucli, according to quality. . . Apples are very plentiful, with quality beans, will from now on, owing to the freezing weather in the growing section. Country butter Is very scarce and In big demand at from 22* to ‘26c. Eggs ure getting more plentiful, • fresh nenr-ny stock bringing from 31 to 32c\ Live hens nre In good deuinud at 36 to 40c, according to size. All dressed poultry Is lu moderate de mand. prices ruling str With the opening c. —.. r ... look for business.along fruit and produce Hues to be active at good prices ATLANTA MARKETS FRUIT8 AND PRODUCE. EGOS—Candled, acttTe, 28c. LIVE POULTRY—Hen,. actlYe. MH#Be each: chicken, plentiful, 15Q2Sc each; dneka. Pekin, 'tb: each; pnddle, SffWc each; recce, mil feathered, tic each; tup key a, aetlre, 14c ponnd. DRESSED POULTRY—Geeae. undrawn, aetlre, lOeilHc pound; turkeya, undrawn, aetlre, 17&18C pound; hena, undrawn, ac tive, 13c ponnd; dneka, undrawn, fancy, 16c pound: frlea, aetlre, 16c pound. PRODUCE—Tenneaaee riba ana honea. Ic; Tetinoanee aauanre, 9c; lard, 10c lh.; bnma octlve, 14c lb.; ahoulderaaetlre, 10c lb.; aldea aetlre. 10c lh.; butter aetlre, 150321U lb.; haeawax. aetlre. *o pound; honey, firlrhe, aetlre, ie pound; honey In 1-ponud block- nctlre, 12c ponnd; cbeatniita nctlre, J3.00 huahei; dried applea, «c ponnd; white pea a aetlre, $2.50 bushel; lady peas, 53.00; stock, ll.40fil.60. each; dneka mixed, aetlre. 56c each; wild tnrkeya, settee, lie. ponnd; rabbits, ae tire, 12Hc each; squirrels, aetlre. 10c each; opossum, dreaaed, aetlre, 11c pound; opoa- aum, lire, aetlre, Ic pound. FRU ITS—Lemons, fancy. Meinena, 54.603 1.00 Itananaa, per bunch, culls, aetlre, @ .00; atralfht,, $1.60®2.00. Pineapple- a stock, per crate. 52.00. Orancea • stock, owing to aiaa and cond tloj on nrrlrnl, per Ikix. 52.0oji2.23. Annie*, eholco Ren Darla, 53.26«3.60; fancy, I3.W New York atate apples, w nter rarle- (lea. choice, |>er barrel, tl.Wr4.j0; taney, I34M.OO. 6 rape a. New York state. In 5-lb. atoekf owing to alas and color, per box IL60 02.60. Limes, Florida stock, per hundred. 60 cents. Nuts, fancy mixed. In Jmxea. per pounds. 12KB14C. Cocoanuta. hear} rultana. Sack of 100, aetlre. at $4.60 aack. Peanuts la lacks averaging 100. pounda each, owing ta C, VeC,l?TAfillES^-Beeta.' cabbies crataa, active. 12.60 crate: cabbage, standard crate- — ponnd: cahbnge, barrela. 2c pound, ,-k* plant, nctlre, 32.00 crate: encum- bera. 11.60 crate: tomatoes, fancy, active, 53.60 crate; tomato#- choice, »ctlra. 32.000 2.* crate; benna, round green. *2.50 cm c. onion- dry. aetlre. 16c bnsbel: Irish pots- toe*, nctlre. No. 1, 86®90c bttahel; celery fancy, 76@86c bnneh; pepper- nctlre, 32.2! crate: akra, six balketa. amal . KM crata. raulltlower. active, 1010c pound; lettne*. headril. Il.lw 2 drum; sweet potatoes, yel low active, 16c bushel: sweet potntne* white active, 60c bushelkraut, half-barrel, 33.16, rutabaga turnip— iHc- Btrawherrte— ]$O40c :rnte, FLOUR. GRAIN AND PROVI8ION8. FLO'JR—nigbest patent. »60; heat pat- nt I4.W: standard patent. 34®: half pat ent, 13.90; spring wheat patent. 56. CORN—Choice red cob, «c; No. 2 whlt- 04o; No. 2 yellow, »7c: mixed, 62c; old crop choice. 65c; old crop No. 2. 64c; new Tennea aee white, 63c; crack corn, per bnahel, iOc. nul!a J ..«ll.M. >|ce ollirpetl. 60c; Nn. 2 No. 2 mixed, 47c; Texas rust proof, 54c: Golden note, 47c: Bnrt, 70c. kiEAlc-Plaln water-groond, par b lh 313-1: J PRICES UNSETTLED UBAL—Plain water-groond, par bnahal. !c: bolted, HO-m.onil Jutes, l>»r bnahel. 60e; horta. white. 31.10: madlnm. 3L40; brow- 3,)- pure bruit. 31-25: mixed lirnnd, $1.16. HAY-TImothy. cholct large bale- 1125; uO.. cnolca amnll bales, 31.26; do.. No. I clover, mixed. 31.20: do.. No. I clorar mixed 1.15. Choice Bermuda, 90c. Chicken fee, 10-pnund sucks, 90c. RYE—Georgia, 31.00; TenneMae. 30c. Bar- **^h?aiiorB prteea ar* f. o. b. Atlanta Section Director. SOUTHERN EXCHANGE Oldest Established Office South. C0TT01 STOWS BOBOS—GRAIN Ground Floor Gould Building Dally markot letter and market manual malted on application. Must Opan an Inside. Special to The Georgian. Brunswick, Ga.. Dec. 29.—Under an ordinance recently passed by the city 1 council, all gntea within the city limit* I ■if Brunswick must on or before Jan uary 1 be so hung that they will open! to the Inside Instead of opening oat 1 on the sidewalk— HUBBARD BROS & CO •9 MERCHANTS Atlanta Offices, 219-221 Century Building. Members Now York Cotton Exchange, New Or leans Cotton Exchange, Liverpool Cotton Asso ciation, Chicago Board of Trade, New York Cof fee Exchange, New York Produce Exchange. Business solicited for the above exchange*. Direct wire service. Correspondence invited. Phone* 454. Long Distance 39. A.S. Hustvce. Mer. PROVISIONH-Siiprrmr ham- ISo. Dora hams, 16c. California bama, 33.00. Dry salt extra ribs, 9.0714, tiullle- 20.26 pound- 10.25; fat harks, 8.00; plate- 8.00; Bupreme lard, 10.37(4; Know Drift compound, 8.30. FI8H. Bream, 8g7o.pound: anapper, 10c pound; trout, sc pjun i; uiuo U,u. sc iiound: poro- pano, 26c pound, mackerel 8c pound, mix td fish, 6c pound; fresh wtner (rout, 8610c pound; bar ahad. 60680c: rock shad, 26630c. GROCERIES. BUOAR-Rjanuara granulated, S3.il. Naw York refined, 4\c; plantation, ic. COFFEE—Roasted Arbnckls'- 111 JO; balk In Imgs or barrels, 1344c; green 11612c. RICE-Carollna. 4tt07Hc, according to th Khredded biscuit, 16 case; No. 2 rolled oats, 13 case. Hack grits, 92-nound haga. 11.86. Oyster- full weight, 11.76 case; light weight, 11.10 rase. Evaporated applea The pound. Pepper, tic. Bnklng powder- II case. Red salmon. 16 caaa. Pink salmon H.3S ease. Cocoa, 30c; chocolate 3ie: annt. 1-pound jnrs, 48c. Roast beef, 81.30 cafe Corned beef. 81.30 ease. Cataup, 31.30 caaa Sirup: New Orleans. 35c gallon; corn 28c ter ic. unrrei canny, per pound, sc; mil- fd. per pound, 8J4o. Tomatoes, 2-ponnd. 11.30 caae; 3 pound. 32.26. Nary bean- 12; 8 Limn beans, 5V4c. Best matehe- per uroa- 1.85. Macaroni, 6)467c | Inca, mustard, 33.3 ease I-10 rase. Prannts, 6t4c. ton 13!4c. Hoap. 31.5hfN e, Cross Movements Mam Due to the Closing Out of Contracts; BOTH LONG AND SHORT Natural at Year’s End-X 0 News to Account for Re action in Reading. New York. Dec. 29,-Today s renewc, ■eakqcss on. the stock exchange "oum Rren°^ r8 ,o h ,5» C hB<l ‘"""bthate c . erentfe to the money situation ti« weekly bank statement, while It showed an Increase of 35,790,000 In he '. cash, and surplus reserve according, rose 32.060.000. This Is rather h",p.r than expected, and leaves the surplus item nearly 11,000,000 better ..ff th™ at the end of last year. The main ref son for the sharp decline In stocks was found, no doubt, in the disquieting 25JS?k*. a 0 / J nore hou ‘ ,efl In trouble* which gained some color from the usual fact that aome large sums "f money were borrowed on the floor ,'t the exchange, when ordinarily there Is no “money crowd" of a Saturdsv Whether this was the entire cause or not, tho decline went on steadily fu tile entire session, converging more particularly on Reading. Union Pacific and St, Paul, but bearing down to a greater or less extent the entire n«t Liquidation outside of these stocks was not heavy, but there was mti- support and prices ended at the bot. tom. The market for the first hour «•, unsettled and irregular, with trmnv cross movements In' prices, the result of closing out of contracts on both the long and short side, natural with the end of the year. There was no special news to account for the reaction In Reading. Government bonds unchanged; other bonds steady. NEW YORK BANK STATEMENT. The weekly utatement of tho New York associated banks shows the following changes: • Hcserve*. Increase 8:\0«i.325. Loan*. Increase 85.789,700. Specie, Increase 82.fl9o.4O0. Legal*. Increase 8H.NOfl.noo. Deposit*. Increase 89,(562.300. Circuit It Ion, Increase filtf/.-OO. MINING 8T0CKS. Boston'. Dec. 29. T Arendlnn 12*: Advrn- tnre 5*; Oolncy 110; Cnllfornls and An zona . 125; 1 tnh 62%; Tecumseh 29; Arnold THE LONDON STOCK MARKET. STOCK8 AND BONDS. Georgia Railroad fis Georgia 4**. 1916 Savannah 5*. 1909 Atlanta 6*. 1911 Atlanta 4*s. 1922 Atlanta Ac West Point Atlanta Sc W. P. delientures... t\ It. C. 1st Income R. C. 2d Income STOCKS A inn I gn mated Copper Atchison do. preferred Baltimore nnd Ohio ] Chesapeake nnd Ohio Chicago nnd fireat }Yc*tcrn Canadian Pacific Krie do. preferred Illinois Central Kansas nnd Texas do, preferred Louisville nnd Nashville .... New York Central Ontario and Western Pennsylvania j Philadelphia nnd Reading 1 Southern Pacific Chicago, Milwaukee and St. Paul. 1 Union Pacific do. preferred .... United States Steel do. preferred .... Wabash do. preferred .... MARKET SUMMARY BY TOWN TOPIC New York, Dee. 29.—While the hank state ment today should not only show nn actual lnerens4* In cash holdings, hut miles* sou)* trick of finance Intervenes, also ii very large reduction In the loan nnd deposit ac count. we would dispose of stocks on a nr further rally that may accompany today* trading, nor would we purchase the general run of stocks except on good recession* from this level. There has been some very good hurlns going on lately in Pennsylvania, Baltimore nml Ohio, New York Central. Louisville flo*' Nashville. Coppct nnd Steel common, the Inst three on dividend prospects, and suggest that these Issues may he bought with comparative safety on any moderate *4>t-l>nek. though we do unt expect the mar ket to right Itself In preparation for a pro longed advance for the next few week*. There Is also an Increasing belief that ei- pectatlona of much easier condition* follow ing the Jnnunry disbursements may «o» realized that bullish Interest* nre predict- lug. Consequently the Investigating Iioth In nnd out of Wall street, will for the most part keep aloof from the market, tiellevlnc that they can 1»>. T ** least a* cheaply later on aud will he sarin? Interest meantime. J On any fnrther advance In cotton ** would take the selling aide. ,, , Wheat ultliqAtely should sell lilzher.- Southern Exchange. 10S* BANK CLOSING NOTICE. Tuesday, January t,* Naw Yaar, is •* laffal holiday. Tha banks coflipo«'"9 tha Atlanta Claaring Housa Associa* tion will ba closed for buslntss on that day. ( DARWIN G. JONES, Msnafl"- JOS. A. M'CORD, Prasident. < ATLANTA NATIONAL BANK ATLANTA. GA. £• - A - E - THORNTON, Vlc»-Pra8ldant H. T. INMAN, Vlca-Preiident. qeo. R. DONOVAN, C*ihl«r- JAMES 8. FLOYD, Asa’t Caahler. Capital j 1500,000.00 Surplus and Undivided Profits $500,000.00 We Solicit Your Patronage. L. H. Fairchild. 8. J- Whit* L. H. FAIRCHILD & COMPANY. NEW ORLEAN8. New Ymk‘"u,f,? r ! , F n .,.h^ h ' n **' M * m New York Coffee Kxchamte. StZ Orie.M R.oJk Si S* Nvw Orleanu Board of Trad.’. Orleana s,oc LLxchan*e t 'hlcMo Bourd of T-Tade. Private nr.. L VE «,? 0 v, C0TTON ASSOCIATION. , t r »• i YORK nnd CHICAGO. Ordars *olIclte<lf r lure deliver}, on above Excbance- B. C. COTHRAN.