Macon daily telegraph. (Macon, Ga.) 1905-1926, December 02, 1908, Image 7

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Macon daily telegraph., December 02, 1908, Image 7

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Newspaper Page TextSHE MACON DAILY TELEGRAPH: WEDNESDAY MORNING, DECEMBER 2, 1908 f y X Any Road—Anywhere^-Any Time THE WHITE STEAMER. Don't tray an Automobile until you have tried the White Steamer. The most graceful. most powerful, speediest and best ear made for any and all ptjppqsps- Drop,me a-Une.ond.let me convince you John S. Schofield, Agt., Box 283, Macon, Ga. H. G. A. NASH, President. CHAS. NEVILLE, Vice President H. G. A. Nash Audit Co. EXPERT ACCOUNTANTS AND AUDITORS 203-204 National Bank Building, Savannah, Ga. Expert Accounting in All Its. Branches. . WillingliairisWarekouse COTTON FACTORS SHIP US YOUR COTTON AND GET THE BEST RETURNS MACON, GEORGIA C. F. STROBERG vSchatzman’s Old Stand.) BLACKSMITH AND RUBBER TIRE WORK SPECIALTY All Kinds of Building and Repairing of Carriages and Wagons. ■A Mistaken- Idea Perhaps yon have an idea that in order to have a bank account you must have a largo sum to deposit; that a bank doesn’t care to bother with small accounts. This is not true of the “Fourth.” This bank wel comes new accounts, no matter how small, and extends the same courtesy and servico to small depositors as to large ones. ...... Let us prove it to you. ,t»- FOURTH NATIONAL BANK MACON, GA. NOT A GHOST Of a show for dark comers in a house illuminated by electric ity. It is good to read by, to sew by, to dance by, good for tho dining room, chamber or hall. On at a flash, off os quickly. Just press the button. Macon Railway & Light Co. MORE SUPPORT FOR TOE COTTON MARKET RECOVERS PART OF EARLY LOS8. CLOSING BARELY STEADY, SLIGHTLY OFF. NEW YORK apota closed .9.35 NEW ORLEAN8 apota doted....• Is-16 dosed weak at the following quota- tloaa: Range of Prices. Good Middling 8% Strict Middling ;...8% Middling Strict Low Middling 8% Low Middling Spot Cotton Movement. Recta Nov. 2*. 190* 474 Recta. Ship. Bales. Stock on Hand. NEW YORK. NEW YORK. Dee. 1.—The cotta.. mar ket redelved more support today and recovered part of an early lose, closing bn rely steady at a net decline of la4 points. Rales for tho day were eatlm of Sn4 points and sold 6 to 6 points net lower during the early session in response to easier cables and a renewal of yes terday's bear pressure and liquidation, but Wall street bulls seemed im dined to buy than had been the < the break of the provlous day. at._ . oral prominent brokers appeared around the ring with large supporting orders. The demand from this source checked the decline and shortly after midday the act ive montha sold a point or 2 net higher on covering by local shorts and aenttered commission house buying. which may have been due to less favor' able reporta concerning the European Southern spot advices were conflicting with the markets offlclaly reported — „ p» lighter, many attributing the smaller figures to « slackening of spot demand following the completion of the Novem ber engagements. Receipts of cotton at the ports toflnj ere 108,093 bsles against 104.843 balei last week and *4.891 hides Inst year. Foi the week (estimated! 425.000 bales against 430.107 hnlee last week and 273,- "17 bales last year. Today's recelnts at New Orleans were 11,672 bales against 15.622 bales last year, and at Houston 27.143 bales against 13,- 350 bales last year. Spot cotton and Futures ...!W YORK. Dec. 1.—spot cotton closed quiet: middling uplands 9.35; mld- ly steady at follows: January ....8.83 Open. High. Low. Close. March 8.85 8.89 8.81 8.*5 8.85 8.92 8.*5 *.** 8.84 8.84 8.86 8.89 8.82 8,86 f.lt 8.80 1.78 October 8.61 8.65 8.5* R.60 ...9.13 9.18 9.11 9.14 Receipts and Exports. Reeelnts and Exports. Today. Week. Consolidated net receipts. .103.09* 269.840 Exports to Great Britain.. 15.930 109.623 Exports to France.. Exports to continent 43.857 76.954 Stock on hand all porta..1,048,041 Sfnce September 1. IMS- Consolidated receipts 4,187.835 Exports to Great Britain. 1,181,742 Exports to France 2445.805 Exports to eontlnsnt Exports to Japan 88.108 Exports to Mexico 803 Price, Receipts, Sales, Stock. CANT LEAK or SOAK Im OR You Get Clean Pure Whiskey' 90 gal. JCjA.jC'** PREPAID The Porta: Galveston . . . New Orleans . Mobile . . , . Savannah . , . Charleston . . Wilmington . . Norfolk . . . . Ttaltlmore , . . New York .... Boston . . . . Philadelphia ..I Pensacola . . . Port Arthur... Texas City.... Georgetown . . TAKE HOLD STOCKS MONDAY'S FALL IN U. 8. STEEL IS FOLLOWED BY OFFERINGS OF THAT STOCK. NEW YORK. Dec. 1.—The professional operators in storks did most of the busi ness in today’s market. Their transac tions were in the class of securities designated specialities for the most part, market pools making their influence felt In mors titan one cuss in moving prices much at will. Yesterday’s heavy fall In the price of United States Steel shares was followed today by further free offerings of that stock. A single transaction of 20,000 shares of steel was made on tho floor et this stock pted to some lug proha- rt the • during the day. The selling is regarded as being promr extent at least by theMf • radical action on 1 ■ Another development of today was the def ulte arrangement by international banking houses to ship gold to Paris nn| Thursday. Another rise in the foreign exchange rate today wiped out the mar-1 gin separating the price from the point of profit on gold shipments. Bankers estimate that the movement may run to 210.000,000 or S12.000.000. It Is beilevedi that uninterrupted selling of American I securities by foreigners Is the dominating cause of the movement. The call loani rate was affected today, although In slight degree, flab-treasury operations tnuk $2,634,000 from the banks on account I of n return of gold deposits called for last week by the secretary. Yesterday's announcement of the sale of 250.000.000 of American Telephone bonds was supplemented by the report of the coining Issue of 220,000,000 United States Rubber bonds. Next Saturday bids are to be submitted for the 220.000.- 000 Panama canal bonds. Tho liquidation which has been In progress for several days past probably was prompted in varying degree by all of these motives. It proceeded to on extent that brought relief during the course of today's deal ings and opened the way for a consider able recovery. The cessation of the pressure On United States 8teel and on some other prominent stocks was of more Influence in bringing this about than the more sonsationnl advances in a group of specialties. Rock Island preferred was conspicuous in this class. Its volatile rise being unexplained by any news bearing on the property. Tho 2% per cent for call loans touched today has not Wen equaled since the second week In September, when the shurp break in prices of stoexs caused a flurry In rates. The market closed In considerable unaetttemenL Bonds were Irregular. Total sales, par value. 27.722.000. I United States bonds were unchangedr on call. I Total sales stocks were 988,600 shares today. mb NEW YORK STOCK LIST. Amalgamated Copper American Car and Foundry .. American Car and Foundry pref..,107 American Cotton Oil 42’ Amcru Are Your Fences Down? We are offering for a few days some good FENCING, cut to 3 feet, 4 feet and 5 feet lengths, at $1.00 PER HUNDRED FEET for 3 and 4 foot lengths and $1.25 per hundred for 5-foot lengths; 5x5 heart pine posts at 20 cents each. Post long leaf South Georgia pine. Massee=Felton Lumber Co. Telephone 1840 Macon, Ga. 518 Hide and Leather pref... American Ice Securities ill American Linseed 14V American Locomotive 88% American Locomotive pref. 109% American Smelting and Refining.... 93% Amer. Smelting and Reflnlng prof..106 American Sugar Reflnlng 133% American Tobacco pref 92% American Woolen , 60 Anaconda Mining Company Atchison Atchison pref. 101% Atlantic Coast Line ...110% Baltimore and Ohio .107% Baltimore and Ohio prof 91V Brooklyn Rapid Transit 65% Canadian . Central Leather Central Leather pref. loo» Central of New Jersey 110 Chesapeake and Ohio 49 Chicago Great Western 11% Chicago and North Western... 176% Chicago, Mil. and Bt, Paul 161% C„ C.. C. and Ht. Louis 08% Colorado Fuel and Iron 88% Colorado and Southern . 60 Colorado and Southern 1st pref..... f~ Colorado and Southern 2nd pref... 4 Consolidated Gas 16 Corn Products 1 Delaware and Hudson 17 Denver and Bio Grande I Denver and Rio Grande pref 7 Distillers,' Securities I l_pref. .... General Electric .. Great Northern Vtt Great Northern Or* Illinois Central Interior Movement. Houston . . . Augusta . . . Memphis . . . Rt. Louis Cincinnati .... Louisville . . . Little Rock.... Price. 8 k if" 27148 1098 4118 492 2411 Sales 2576 1540 2760 Stck. iNffl • Ntfi 17408 1582 4953L LIVERPOOL. LIVERPOOL. Dec. 1.—Spot cotton quiet with prices It points lower: American middling fair 6.44; good middling 6.10; middling 4.98; low middling 4.78; good ordinary 4.27; ordinary 3.87. The tales of the day were 6,000 bales, of which 309 balei were for speculation and export, and included 4.900 bales American. Re ceipt* were 18,800 hales, all American. Futures opened easy and closed steady; American middling G. O. C.t December Deccmber-January .. January-February .. February-Msrch .... March-April Aprll-Mny Mny-Juno Junn-July July-August August-fieptemhcr .. Hcptember-Oetober . October-November .. November- December December-January .. January-February .. Close. 4.72 CORN WHISKEY IN GALLON BOTTLES GOLDEN VALLEY BRAND or Two Ballon Bottles ML .TAM.Awn li.uun mi:a«uhi; aiumi.i-tki.v im/hk. $p!?t eoak* ami° or" perfectly* efil |makia?on oilJS J" I IKLSMSttft" Whiskies of thi highest orteV.cSming I *° « ,n or, *l*Al strength an^ richness of flavor I unadulterated, unwenkened. as pure and healthful as sun- I Ev,n gallon bottle In which it la ehlpped Is an I yoa w, “ ***“«• There Is nothing chain about oj? I it he pr,M ’ J 97 •» we aslc ftatrSt ■igfg* _“. ,h ->^ r *Flfter*d mail. Money Order or cashier's Rill ro to you by flrat Express prepaid In s 4 TulirmTigbmttf- lg .g*« Ry# Carn Whiskey. Dunn or Bradetreet. First National Bank. 1 ■ Chattanooga. Send fer Complete Catalogue of Wet Goods A I- HFYMANN IOII5 Che*unit se., Chattanooga, Tcnn. Liverpool Exchange to Close. j.iVERPOOL, Dec. 1.—The cotton ex change here will be closed from noon, December 24, to Monday. December 28, and January 1 and 2. NEW ORLEANS. NEW ORLEANS. Dec. 1.—Spot cotton quiet. l-16c. lower; middling 8 15-18. The sales on the spot were 850 bales, and 1,294 hales to arrive. Futures opened steady at a decline of 2 to 4 points, under the Influence of vary unfavorable Liverpool cables. After tho opening the decline continued, longs let ting go freely and room traders selling for a quick turn. With prices down 7 to 9 points, however, unexpected outside ~ nport was met end tho market recov- d to about the level of yesterday's sing. Late In the day' prices sagged off again in sympathy with a lower spot market At the close the market was steady with prices showing a net decline of 2 to 6 points. Futures closed as to' lows; December, bid 8.71 January, bid 8.74 February, nominal 8.SO March, bid 8.80 April, nominal 8.88 May. btd 8.88 Juno, nominal July, bid Interborough Mot, Interborough Met. pref, 26% International Uaper International Taper pref 6}% International Pump 81 Iowa Central 29% Kansas City Southern 82% Kansas City Southern pref 88 Ixtulsvllle and Nashville 121% Minneapolis and St; Louie 47 • Minn., St P. and Sault St. U. 122% Mlesourl Pacific «£%4 Missouri, Kansas and Texas........ 39 Missouri, Kansas and Texas pref..,. 71% National Lead ■* New York Central 1H%4 New York, Ontario and Western.... 45 Norfolk and Western 64% North American Pacific Mall *1% Pennsylvania People’s Gas Pittsburg, C. C. and bt. Louis ..... 85 PrMMdfltMl Car *’* Pullman l’nlaco Car .....171 Hallway Steel Spring ,|j» Reading Republic Hteei pref *•%* Rock Island Company 24% Rock Inland Company prat ........ us —Louis and Hnn Fran. 2nd pref.... JKVfc Ht. I/»uls Southwestern .... Ht Louis Southwestern praf.. Hlosa-Sheffleid Steel and Iron Southern Pacific ............••......H* Southern Pacific pref. Southern Railway 24% Southern Railway pref 68 Tennessee Copper « Texas and I’a cine . • • • vw* •; Ml •" • Sill Toledo. St Louis and Western^.. 39% Toledo. Ht Louis and West Pref.. 44% United States Rubber ««% United States Rubber 1st prsf 104% !«isSt tea pfir::::::::::::. f vinnnS?^2r«lina ijhimini’.{Jb Vlrglnla-Carollno Chemical pref 113% Ridiculous Claims JF WE BELIEVED ALL WE. SEE IN PRINT every A house who owns an empty whiskey barrel are distillers. We often wonder if the public believes so many ridiculous claims. There is so much of this loose talk about “our large distillery, etc.”, that it is a detriment to the honest dealers’ business It would probably pay in some cases to refer to the United States Internal Revenue records—they tell the truth. We own the. old fashioned distillery No. 100, Collection District, Tenn., it is not a hot air affair, either. It is located on our farm in a valley where there is no dust and contaminat ing air. The mountain spring water used in distilling is purity itself. We use the best Northwestern’ Rye and Malt and Tenn essee Valley Corn. You may think you cannot tell anything about whiskey, but you will at once discover the difference in your favor when you order here. . •. With one exception, six full quarts is the smallest ship ment made—we do not assort. This reduces the cost of handling, packing and carriage charges, enabling us to offer six quarts at about the price we would get for four. Do not let our low prices prejudice you. They are whole sale and you buy direct. Our whiskies are always the same. EXPRESS PREPAID — Shipment made in wooden boxes. Com Whiskies "GIIASSY VAI.LEY"—IJnaduIter- ated. Very old. No better Corn Whiskey made. (1 full quarts, $4.01} 19 full quarts, $7.50. “GRASSY VALLEY”—White, 100 proof, straight Corn Whiskey. We are the only distillers selling 100-, proof corn at $2.50 per gallon, two < f ’sllons, $4.75, delivered. Shipments n Jifg». Smallest shipment one gallon. Blended Whiskies »n. H. C. CLUB"—A perfect Mend of old Kentucky Whiskies. It has that rich oily appearance. We consol- lily say 1 fl full key. 0' full quarts, $5.75; 19 full quarts, $11,01. “CATE'S 88”-A true blend of Kentucky Whiskies. A good honest whiskey. Will give entire satisfac tion. 0 full quarts, $5.00; 19 full quarts, $9.50. Tennessee Whiskey “FREESTONE” — Unadulterated, straight Tenncsbee Whiskey. Our leaching process rnnkes this whiskey distinctive. None better. Very old. 6 full quarts, $5.00; 19 full quarts, $10.00. Our whiskies do not contain one d Bottled-in-Bond Whiskies Following brands hot tied by tho Government, whose stamp guarantees age, purity and strength. CONCORD PURE RYE, 100 proof, fl full quarts, $5.50; IB full quarts, $11.00. CONCORD BOURBON, 100 proof, 6 full quarts, $5.50; 19 full quarts, $10.50. CLARKE’S PURE RYE, 100 proof, fl full quarts, $6.25; 19 full quarts, $12.00. one drop ot sp injurious substances. They are of delightful fls food properties and medicinal virtues. of spirits or_ other avor, high in R. H. CATE & CO., Distillers Chattanooga, Tenn. , Louisville, Ky. Order from nearest point. VlrKinla-Carollua Wabash .... Wastero VeaUnghouKo Ktectrlo !)!! Sr! .... 91% 1.92 New York Monty Market. NEW YORK. Den. 1.-Money on call firmer; l%a2% per cent; ruling rate 1%; closing bid 2: offered at 2%.. Time loans doll and w«ak; «/) days i; per <*#nt: 90 dsys 2 ptr eent; six onths 2%aS% per cent Prime mercantile paper 2%a4% per Sterling exchange atrong, with actual business In bankers’ hills at 4.84.50a 4.14.80 for 80-day bills, and at 4.16.70 for demand. Comm* Bar ail — Mexican dollars 45. Cotton Seed Market price of sound, dry cotton sesd any quantity. 614 60 per ton at any rail- Western Union * Whet-ling onrl Lake Erie J0J4 Wisconsin Central Amer. Tel. and Standard Oil f NEW YORK BONDS. J. refunding 2s. registered ] U. H. refunding Is, coupon..... U. H. 2s, registered Atchison general 4s .... Atchison adjustment 4s J Atchison cv. 4s ...» *0. Atchison cv. 6s ..19J Atlantic Coast Line 4s Baltimore and Ohio 4a.... t tltlmore and Ohio 2%s moklvn R. T. cv. 4a Central of Georgia 8s.... Central of Georgia 1st Inc Central of Georgia Ind Inc 'entral of Georgia 2d Inc Y ’ and Ohlj^Hi.., «’• i. Chicago and Alton 3%s ^... 77% Chlrago. B. and guinea• pirar 4s 99 Chicago. R. I. and P. R. R. 4s...... 76% Chicago, It. I and P. It. R. eol. ■■.. *»% Chicago. R. f. and P. By. rfdg 4s.. to C., C., C. and Ht. Louts gen. 4a.... 97 Colorado Industrial 6s 76 Colorado Midland 4s 74 Colorado and Southern 4s...... MV Delaware and Hudson cr. 4s... 102%] Denver and Rio Orande 4s 9T%I Erie prior lien 4s fjx Erie general 4s 78V Hocking Valley 4%s 107k Interborough Met. 4%s 76 V’::::::::::::::::::::::::: IfJ {iuttnil. ind n N«!iiP^unTfUd’ii! Manh.tun con.nl .old 4. H Mexican Ontr.l 1. (V Mcloui Contpnl Ixt Inc IT Minn, and Hi. l/nilt U. M Mluonrl. KtiM. »nd Tmm M Mluourl. Kaniu and T«IU Jnd... IT N.Uon.l n. K. of M.xlco conw <«. |( Knr Tor. Central »n. >H«.. MJ4 New Jenrjr »nlral punl S.....1MU NorUi.m tfujao U ^s^ifiNEW HIGH RECORD REACHED IN WHEAT ....103% Northern _. Norfolk and . OriMi Inert Pcm. cv. 3%s, 1916 Penn, consol 4s. It. rifling general 4s U'O Reptihlle of Ctiha 6s - Ht. Louis and Iron Moun. con. 6s.. 110% Ht. Louis and San Fran. fg. 4s.... 83 Ht. Louis Southwestern con. 4s.... 76% Seaboard Air Line JO Houthem Pad Ha 4s 01% Southern Pacific 1st 4s Southern Rsllwnv 6s Texas and Padflo lata.. ....114% Toledo, Bt. I/Mila ond Western 4s.. 79% Union Pncldo <• I»H Union P»clflo cv. 4. 10JM II, R. Hteei md t. tMU Wntxixh lit. ...» 10«}i wh*«iln« i L'nd *A. Lake Shore 4s, 1911 Railroad Bonds Bid Central of Oa. 1st mort I per cent, 1IM J--. -114 Central of Oa. collateral trust 6 per cent. 1917 106 Central of Ga. consolidated 1)45 101 Central Oa. 1st Inc., 1045 74 -entraj Ga. Ind lne„ 1045..... 14 1 la., Id Inc., 1946.62 , 8e. ctfs....136% >n<rai Msoo'n and North; 1948 Inc.. 1841.. ind So.... 108 anklng and Hanking Co., C.ntr.l On . 'Ulddl. On.'.tij 3Ess*S.. 0 <-oT"iV%» Oa. B. B Ini. .nd TU. I p«., 1.45..IM Hrabovd n. R., 4 po., • • • I! RMtxwrd R. S„ txlu..-.t| K uthwoM.m R. R. .lock ..107 vtnnah and Ancuat* .took. 107 A( ^!: m s-kWMv-iz SSI. YndnV, 0 ?.'? ;r.i:: u ion. and Fla.. 24 pvef.... 89 Southern R. It., pref 60 Southern R. H-. oom 26 Lumber Quotations AT WHOLS8ALK. fCorrected by M&air*-Felton Lumber Co.' Common framln. -..-IM | OeoMboa f ■■■■■. j hort leaf) Blxed.tl4.ne ‘ 28.56 DECEMBER TOUCHES 1.W/ 4 t MAY 1.09%ft-~CL08K 18 8TRONQ AT THE TOP. CHICAGO. Dec. 1.—New high record marks for the season for the I>ecemli«r and May deliveries were reached In the local wheat market today when the former touched 1.06% and the latter 1.09%, The market closed atrong at the Torn and oats closed easy, end provis ions firm. Open. High. LOW. Clos. Si:: 1.04 1.01% 1.02% m 1.02 % 1:8S 11 Com— Jx:: B If* 41* iiH ill Dec. . . May . . i!« i\* 1!'* July . . Mess tfork- 41% 44* 48% 46% Jan. . . , • • \\M m 16.15 16.17% H:ffS WP 9.26 9.55 9.10 9.47% lift Jan. . . May . . !:S H 1.52% 8.72% tfi H !:8 Jobbers are doing a moderate and the primary dry goods market ie generally quiet. Cotton yarns are being bought very moderately. . The export trade is quiet as a whole, but the lslaml and South American markets are making svnai and steady Inquiries. Some lining bouses are doing a very good general trade while others are quiet, save on apodal numbers. COTTON SEED OIL. NKW YORK. Dec. I.—Cotton seed oil was quiet with prices a trifle easier for near, hut steady for late months. Prime pxuJe la barrels f.o.b. nils 20; prion summer yekm lla%; off summer ye 87%n28%; good off summer yellow to 2l%; prime summer white 40a%; pi •%&. t nd 2.26; winter yellow 44a49. NAVAL STOnSO. WILMINGTON, Deo. 1.—Spirit stur- pentlne steady at 22%; receipts 10 oaaks. iloslti sternly at 2.61; rernlpta ** firm at 1.90; recelnts 101. C. pentlne firm at 1,18, 2.16 and . cclpts 11. SAVANNAH. Ga., Dec. 1.—Turaentlno Ann at 31%; sales 761; receipts 918; Ship- Plants 123. Rosin firm: sales 8.760; re ceipts 4,118; shipments 1.327: stock 151.- 598. Quote: A, B. C and D. S.Wal.M: E. t.97%sl.0H: r and G. I.OOaOS; H. 3.88 to 8.45: 1. 4.10a16; K. 6.10; M. 6.85; N, 8,10: W. O.. 6.40; W. W., 8.80. CltARt.ESTON. Deo. 1.—Turpentine Ann at 89c. Rosin firm. Quote: A. It, C, D .2 82%; E. t.85; F. 1.87%: O. 9.90; II. ,.1A l, 4.04: K. I.Wi M. i.io: N, 4.00; W. d„ 4.76: W. W„ i.io. Hardware—Wholesale. fCorrected by Dunlap Hardware Co.) WELT, DUrKETS-84.il te 14.80 W ROPE—Manila, 13c: 8esal, >c; cotton. *Tfe- pound J pound. arman, )6o.; ] ■ pound. keg base; ewt, 14.25 to $4.(0 keg; mule BLADES. 80. co per lb. baae: Swede 4%a ^FS-«Vr'V NAIF J—VTIr*. It.40 »:.4o k.c boo. RUCKETS-PtolB. 42.00 do.,: whMo u- „ a»,. GUN ro vrDER—Per keg, Dupoat eraofc ■hot 18.60 kejr HIIOT-12.00 sack. TUBS —Feinted. IS.80; oedar. 85.90. SHOVELS--47.00 t City Bonds Macon 8 pc.. HI}... Macon 5 DC., 1981 ' on 4%. 1638 ! «n 4%. 1610 to 1684 On a 3.8* per **^nt beat#. ...»nn!h 5 lltlT'TXItT"* Augusta 8%. 4, 43ft. I d po..