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5HE MACON DAILY TELEGRAPH: SATURDAY MORNING, DECEMBER,. 12, 1!XVJ A SEVERE BREAK MARKET SHOWED CONTINUED WEAKNESS—CLOSE STEADY AT DECLINE S TO 11 POINTS. LIVERPOOL spot* closed.... 4.88 NEW YORK spot* closed.. 9.10 NEW ORLEANS Spots closed t>4 THE LOCAL COTTON MARKET. .The Mecon cotton market yesterday dosed quiet at the following quotations: c«d .«« Btrlct Low Middling 8% Low Middling 7% Spot Cotton Movement. »« *» g{ US:::::::::: Hi & p De«. 9, IMS X56 09 614 Dec. 10. 1908 287 27C 858 Dec. 1L 1*08 491 1449 1517 NEW YORK. Dee. 11.—The eotton mar ket showed continued weaknesa today and January suffered a severe’ break with t decline Of E to day were estl- 1908 1.178 ......14,014 and January Buffered a set mated at 325.000 bales. The market opened easy at a decline of 1st points, although the cables were lust about as due. and during the first half hour sold at a net loss of 8al points under liquidation and bear pressure. The —line was checked around 8.51 for January and 8.59 for May by covering for both local and foreign account, but there wss little indication of buil sup port and sentiment showed little Im provement, although prices rallied to within a point or so of last night’s close during the middle session. ’At this level offerings again became heavier, owing to rumors that there was stilL a considerable long Interest which might be forced to liquidate, and during the afternoon the market was nervous, with January relatively weak and selling off to 8.42 or 18 points net tower, and 83 points below the high record of last month. Other months followed tbe decline rath er slowly, end it was believed that the break was chiefly due to the liquidation of some lnrge January long Interest. The close wan a few polnta up froth the low est on covering. Southern spot markets were unchanged to .1-16o. lower, but local spot men claimed'thet tha^Interior, as a rule, was not following the decline in futures. New England spinners are mid to be holding off in the hope of securing lower price • Receipts of cotton at the ports today were 89.192 holes against 71.428 bales last week and 57.282 ‘talcs last year. For the week (estimated) 410.000 bales against .— ond M8 7M bUM Liverpool Cotton Statistics. XJVKRPOOU Dec. 11.—Following are t’.o w.-vkly . .-it r-! at : I - Total skies of all kinds........,.— 47.000 Tot it rtL .-a of American-42.0f»0 t..mi exjort Imports of all kinds....*4...A...*189.000 Imports of Amst knn..............172,r.i 0 Stock of all kinds <88.004 Stock of American..... . — .588,000 Quantity afloat of all kinds.....<..604.000 Quantity'afloat of AmerlogB......542,000 Total sales on speoulatlos. 8.200 Total salea to exporters......—»•/• 8,601 Weekly Interior Cotton Towns. . new YORK. Dec. 1L—The following Is the movement of spot cotton at the leading Interior cotton towns for the week •nfllng Friday. Deo, lit >urg .. City.. 1813-11 ■ ; 28111 I 20176 459.291* b;ilea last week t ast .year. Today's receipts at New Orleans were 31.970 bales against 8.096 hales last year, nnd at Houston 18.184 bales against 7,841 bale slaat year. Spot Cotton and Future*. NEW TORK. Dec. 11.—Spot Cotton closed quiet. 5 points lower; middling up lands 8.10; middling gulf 9.36; sales 2.500 V'oriiniy 8.58 8.5H April May June July August ... Beotembor SSSLr. ...8.83 8.88 8.18 ..8.40 8.60 8.87 ....8.93 8.18• ».66, 8.85 Receipts and Exports. Receipts and Exports. Tedsy. Weak. Consolidated net receipts.. 89.192 428.788 Exporta to Great Britain.. 41,184 206.033 Exports to FTance..; 4,699 64.430 Exports to continent 25,747 120.342 Exports to Japan.. 5,164 Exports to Mexico ■ 707 Stock on hand all porta. .1.012,122 Since September 1. 1908- Exports to continent *....1,212.202 Exports to Great Britain 1,443.011 Exports to France • 617.584 Exports to continent 1,414,242 Exports to Jspan 50,217 Exports to Mexico 1,503 Price, Receipts, Sales, Stock. I*. Prlca.lRerts.lEalss.1 Etck. ,18 13-14 194721 1O80II63984 ■11601200271 New Orleans’ .’!B% llnkll* It j r _. ‘.ts 7-161 10848 New York ....19.10 Boston . . . ,(9.10 ..It.tfi Kewport^News.j j 160| Interior Movement. Memphis . St. Louis Cincinnati Little Rod | rrlee.lReots.lBslas l Stok. 8 11-141 14144 2494 112211 8 15-14 1828 1889 $2081 » ":io uvanruuii, ueo. n.-opw limited demand, prices 10 poln American middling fair 5.38; g dllng 6.02: middling 4.84; low 4.64; |NQ ordinary 4.11; ordinal* I. The sales of the day’were 1.004 bales, which 200 bales were for speculation and export, and Included 3.400 bales Ameri can. Receipts were 14,000 bales, of Amer ican. * ' Future* opened easy end closed quiet and ateady; American middling Q. O. C.: . Clare. Djc«mb.r ) •> C.Krab.r-J.nn.n' 4.JJ J&A-;::::::::::::::::::::: !:$» August .September 4.42% &$BKgS£::::::::::::::: j:& November-December 4.41% Dessmber January 4-42 January-February 4.42H NEW ORLEANS. NEW ORLEANS, Dm. 11.— Spot cotton quiet and 1-llc. lower, middling 8%. The salts on the spot were K60 bales, and to arrlvO 700 bales. however, were not aggressive, end made no effort to press the advantage statis tics gave them. Prices slowly rose until the** stood 1 to 3 Mints higher than yes- terdaFs closing. Toward the end of the session they sagged again. This wss dus to rumors of weakness In ths spot mar- MSfejSSVWT-iS aLguss< , & yesterday s close. Futures closed M fol* January, bid ::::::::::::::: « .April. nominal May. bid • £ July, Md *-*4 OHARI-EgTON, ...... cTgt Ine 34; extra Itns ’llaii. 1L -Raa Island For Idas 19*%; itra choice FJor- •talc* iis nbt m Mali; sties NEW YORK. Dec. 11.—The following la the comparative cotton statement foe the week ending Friday, Dee. II: 1908. 1907. Receipts at U. 8. ports. 428.786 • 348.393 Receipts Since Sept. 1..6,313.803 4,064.899 Exports for week 386,973 234,354 Exports since Sept. 1..3.685.604 2.956,009 Stock at U, 8. ports...1,092.132 9&5.46I Stock Interior towns.... 839.346 490,072 Stork - at Ltverpol 684,000 Stock afloat for O. B.. itton Receipts. ... ^ Dec. 11.—The following are the total net receipts of cotton at all —since 8epL 1. NEW TOR porta Calve Tveston ^...".'7 2.044.101 New Orleans 952,549 Moblls Savannah Charleston xv't—itigton Norfolk Baltimore New York Newport News. Philadelphia Han Francisco ranSjar::.-?..::::::::::: fSHSte and* Sabine rass!.. Jacksonville Ragle I’ass. Tex. El Paso. Tex. Laredo. Tex. Tore City Minor ports -I-.GI 288,811 136.111 270.824 317.811 48.717 i.esi 8,892 804 1.867 16,328 182.174 28.77r 53,031 .H.611 11,772 lhO 60 100 20,456 complied by ths New it. De< York • Weekly Movement. Th Ys_. _ ... Ipta 410.887 8S8.79I erland to mUIs and Canada 54.818 22.816 Southern, mill takings (es- Port Over Brought Into sight for the week 'Total Crop Movement. 683.808 474.118 Port receipts 6,273,416 4.077.125 Overland to mills and Canada .... 520,252 208,722 Southern mill takings aah (estimated) 728,000 621,000 Stock 'at Interior towns In excess of Bept L. 813,970 889.170 Brought Into sight thus far for season ...7,185,837 5.27«.u.i 853 bales added to ths receipts for the bar*. YORK, Dec. 11.—In Europe the • of southern markets affected as It did our market. The de- was about equal to the break . A rally In both markets followed opening dsellnp as few care to be ahort after the alow decline of the past fortnight. Ths movement of tho crop to date Is so much in excess or last sea son that should the movement from now on equal that of ths short crop of last season. this season’s, crop will exceed 18,500.600 bales. It !• this feature of the dally situation which haa caused S inners and cotton trade to discredit e bureau estimate of the crop. There lms been a slow liquidation in progress for ten days arrested by the bureau renort, but which wss again In progress this morning, and during the afternoon lit January. At Uie close the Impre* slon prevailed that tbe market was en titled to a reaction tomorrow, both In Liverpool and New York. Effort to Obtain Australian Ballot in Gsorgia. See 8und*y’s Telegraph. Grain and Provisions. These prlcos are at wholesale and not to consumers. - _ Corrected by R. R. Jaques A Tlnalcy Co. CORN—Barked, white f 88 Racked, mixed 87 Carload lots, either sacked or bulk, made on applica tion. .. No. 8 white Special quotations mads on No. t timothy •“ No 1 clover Timothy and clover mixed.. Alfalfa hay 1.28 Bedding straw (6 BRAN—Pure wheat .;. l.M Bren and shorts 1.66 FLOUR—Private Btock. fancy pat.. 8.25 Royal Owl. best patent 6.26 Too Notch, first patent 1.06 MEAL—Water ground Julietta 86 UEAT8 Sx t m[ fit *vv.™:.)a3S 18-20-lb D. B. bellies.. Bulk plates Smoked meat*. He. above. HAMS—Fancy sugar cured... 13% Standard sugar cured 13 Picnic hams it LARD—Pure tierces 10*4 Pure, In 26-lb. tins J0»] Pure In R0-tb. tins 11 Pure, In 60-lb tubs 11% BgEWBS:—:«} McCaw’s compound lard.... 7% The same additions for ether sixes as aamed above. STltUP^Oeor^la^cane (new) 40 Black strap 14 BALT—100 lbe. white cotton sack... 66 Imported rock salt. 1b 144 .v:::::::::: §.•« kS 2.60 *1 CHEESE—Full ereatn ... OBITS—Hudnuts, In bbls lludnute. In sacuLJB BUOAR-Granuiated. In bbls , New Orleans r|«rifled. ■ New York Velloir 414 !i Arbuckle's roasted-. 15.61 Dry Goods—^Wholesale BBHSEAg**" TICKING-# 14c. to 14Ua pf.rACitrNo—JUfo 11 He. to Te. , .. PRINTS—I % to IHs. Lumber Onotations at wholeialv. fCerrseted by Me»»ee.relton Lumber C«V> Cswintn framing (abort leaf) sized.f 14 *6 C—a*oa frsmlaf iMfor leaf) ateM. ■■ Cemmoa framlr.f (Sosg leaf# 12*l»rh 1$ IN STflGK MARKET BUT THg RISE IN A FEW STOCKS CONTRASTED WITH WEAK NESS OF OTHERS. NEW YORK. Dec. 11.—There waui an almoet even division of advoncee uifd de clines shown by the opening prices of Stock* today and an unusually large number of Quotations were unchanged • r ^ho*^i&x«f changes were nearly all small. Toledo. HL Louis and Western preferred advanced a point. Chicago and Alton declined 1. A rise in a few Mocks contrasted with a dropping tendency In the general llet B d carried the average below last night uImvIUu and Nashville. AtnerUnn Hmcltlng, Colorado Fuel. American Ulde and Leather preferred and Pltt«bur* Goal preferred declined l; New York Air Drake 1% and Ht. !*oula Southwestern (•referred and Western Union IH. We- ImwIi preferred rose 1H. Delawars and J iudson and 8t Paul preferred 2. and iloss-Shefficid steel 1. Lackawanna sold at an advance of IH. Bonds were firm. A slight yielding of prices were over come by a renewal of bull operations In the coalers. Railroad atoclc«. generally stiffened In sympathy, but th? low-priced stocks which have figured prominency in the recent markets were not mi prom inent. Near 11 o'rlnrk thore was another sag. but there was no marked weakness. New York. Chicago and 8t. IxjuJb gained X points. Allls-cnalmsrs preferred 2'i. Iaike Erie and Western 1H and Reading and the first preferred. Baltimore and Ohio, Itelswure and Hudson, Illinois Central and Centra! Railroad of New Jersey 1 to 1%. United Railways nnd Investment preferred yielded 1% and American Beet Sugar 1. Prices broke sharply under a flood of selling orders late in the afternoon. The drive was directed chiefly against Union Pacific, and when that gave way 2 points everything else tumbled. American Hmcltlng dropped to 98. Severe losses were, registered in several other stocks. . Ths market closed Irregular and dull, arloua additions to the one point losses resulted from tho further decline, after —’erlng by shorts rallied prices ;e and Ohio rose 1H. Tho rally further lag In dtulingf- New Yo-k Money Market. NEW YORK. Dec. 11.—Money on firmer; 2Hal per cent; ruling ra*o closing bid 2%; offered at 8 per cent. Time loans active and firmer; 60 days 8 per cent: 98 days 3n3»l per cent; six months 8H*8% per cent Prime mercantile paper 4 to 4% per cent. Sterling exchange strong with actual buMln-sH In bankers' # hills at 4.84“* 4.84.85 for 60-dsy bills and at 4.86.9U demand. Commercial bills 4.84Ha4.S4H. Bar silver 48%. Mexican dollars 48. NEW YORK STOCK LIST. * Amalgamated Copper 81% American Cotton Oil 43 American Sugnr Refinery 131 r “ American Ice Securities 26 American Smelting 98' American Car and Foundry 46' Atchison 91 Brooklyn Rapid Tranait T8 Baltimore and Ohio 109% Central Leather 3»% Colorado Southern 71*^ Canadian Pacific *»7* Chesapeake and Ohio Fit! Conrolldated Gas iW-i Colorado Fuel nnd Iron T.91J Com Products !8 Delaware and Hudson* 179 Denver nnd Rio Grande 38% Distillers’ Securities 36% Erie 34% Erie 1st pref. 49% Genpral Electric l r,q Great Western 11% Great Northern prof. 148% Illinois Central 147 Interborough Met 17% Intert>orough Met. pref 38% Kansas nnd Texas 3*% Kansas and Texas pref. 72 Kansas City Southern 38% Kansas City Southern pref. 67% Louisvillejand Nashville ...123% NHTW YORK, .Dw. ll.—rrlrM of col- J ton have been forred downward prliiol. dull vundMmu u.uuhV wllnewed In De, pully by lUe jnormou. rerelnij The ,. enl ber, lluiuch doubtlcn necenlu.twl Inn:." movera.dt Into alilit week by week t hl, ye»r by the burinr.. depre»IOn. Th. Is where thy yhoe pinches moreover, the demsnd from distributors for refined «u- f»r.h«a dwindled away to the minliBum Various resulted which covert! Chess peak< caused -a 1 a 175% 142 .........!!.... 46% 130 Missouri Pacific New York Central .. New York Air Drake National Lead Norfolk and Western Northwestern Northern Pacific .... Ontario and Western Pennsylvania Pacific Mall People’s Gas Co Philadelphia and Reading ... Pressed Hteel Car Rock Island nock Island pref. Republic Iron and Steel Republic Iron and Steel pref. Rloss-Shefflsia Southern Pacific Southern Railway Southern Railway pref Tennessee ’ Copper Texas Pacific Union Pacific .........181 United States Rubber 84) United States Steel ./ 64) United States Steel pref 112} Vlrgtnla-Cnrnlina Chemical Co 44‘ Western Union *8) Wisconsin Central 86* Wabash 18) Wabash pref. 48 Great Northern Ore TJ Third Avenue 85 Railroad Bonds Centra! of Ga. collateral truet i per csnL 1117 .186 Central of Os. consolidated^^ 1945 188 Central Oa. 1st Ine., 1845 74 Central Ga. 2nd Ine.. 1946 14 cilini'a'jMiaiii aZ' Rnu'lh. n rn r 'B. K.. 'i'iwV'•••»! !lOI GforKla n. a. .rd Bunkln* Co.. S_PC.. lljj .......... 1H a. n. R. «n« Bunkln* Co., 8 per cent. 1110 101 Ga. Sou. and Fla. I pc.. 1945..106 Seaboard R. R., 4 pc., I960.... 66 Seaboard R. R.! 5 pc.. Mil.... g Southwestern R. ft. stock ..167 Savannah and Augusta stock. 107 Atlanta and West Point ....149 Atlanta and W. P. debsn. Atlanta < Atlanta knu n. r. U»U*II....i';j Gs. Sou. and Fla., com 11 Ga. Sou. and Fla., 1st pref.. 83 Ga. Sou. and Fla., fd pref.... 69 Southern R. R.. pref Southern R. R-. com.. State of Georgia Bonds o. *h. ]•» w IN Cl <’i. till 1M IN St»u.»”toitii:::::::::::: 1 !! !» City Bonds. u’ran' 0 J J!'.'.'.':;:;! 2? III iiii—'ll 'SI On a i 10 per cent basis. bSSS&l&AK::::::::::# iR Auynil* IVI. I. IH. I * pc.. H 111 Hardware—Wholesale. mrfflh^jsvrfzsx j ROPB-Mwl*. lie: e«Ml. tc: cotton. | r. “ UM l "‘ Bucnvre-rui.. o.h «o»: »mi, u- ^Wkiwl jffiw. M t" II to*. cliff POWnRR—Fir k»r. Uupont nn ,f.M ll to k.r. glfOT- W0) sack. IM* I -I„»a“l 86: es4Ur. ll.Ofi. SHOVffLS—IT.Ot to 111 perd'/s. CAR Of—Cotton. |1M per dog. ray RECEIPTS v INOCONI SENE CM DOWN LARGE MOVEMENT WEEK BY WMEK 16 AUGMENTED BY 8LUQQIS.H 6POT MARKETS. AHEAD FOR SUCAR prevailing Prices for standard " GRANULATED ARS 4.56 TO 4.66 ■ NEW YORK. Dec. Jl.r-The sugar mar ket’ ha a during the past week ehown the elull cuniilllunu ukuully hemher.^^M southern ktually xrimPMHB 9rrATSSUna persistent and at time* *nslet of sales mostly of J Uciuber sgulnst pim-ims.** across the water of fleptsmber-thtoher. Such straddles may not have worked nut very well for t|ie season thus far hut English o|M>rntora stick to It that they will ulti mately prove remunerative. Sals Cotton Goods Weak. Moreover^ there seems to be some fall ing off tn the salea of cotton goods In this country. I*ancashlrc complains of dullness of trade. British export of f oods are somowlmt disappointing, and telglum reports show short time among some of Its mills. The local 'stock Is gradually Increas ing. The Increase this month Is about 13.000 hales and rumors are afloat that, before very long this Increase will amount to something like r.o.oos bale* December notices during the week are said lo have reached a rather large vol ume. or ut .guy rut**, considerably larger than was generally supposed. The gov ernment crop estimate of 12.920.000 bales Is by many considered too low. Rumors that It. nits mads so owing to outside pressure wo denied at Washington, but such rumors, however unfounded, have had some effect here. withdrawals needed for consumption and there Is little contracting ahead at the prevHlUng net price* for. standard gran ulated— 4.55 to 4.65c. It la natural that preliminary to Inven- toriee, buying should bv onlj; for press ing requirement», but apart from this ... alters look for lower refined prices, basing their Inference on the de clining tendency to raw sugar. The ap< •hlna “ proud 11 end of ths confect loners’ Is felt, there living usually fair Will Ge No 8urplus. favorable view Is drawn from the Believed Estimate* Too Low. Apart from this it Is pointed out thst the quantity, ginned^up U) l»ec._ j„ r "* Of 600 pounda each dured to halsayM half n doxon states so large as to sug gest’ that before the end of the present calendar year tho stop estimates for these states will hi equaled If not ex ceeded. Th* fact that the government's December estimate In three years out of the past four has been roughly from 600- 008 to 1.600,000 bales too low encourages not a few to believe that the estimate nf tlso too low. Yet It Is a fact car the December estimate hale# too high. Takings to Be Heavy. Dee. 9 was also that last yea# 1,000 * ’ After all the prices have shown not a little resistance to pressure. December still continues at a good premium over January. The stock here Is Increasing, but is all good eotton. Big spinners’ tak ings and very large exporta arc imjwr- t feature* of the situation. surpassed those of any Parts of the south are loginning to re port axhauatlon of supplies. It Is be lieved by many that the crop has been marketed with unwonted celerity owing to very favorable weather, which has given false Impressions «s tn Its six*. Prices are two cents lower than a year ago nnd three cents under Its high point. Middling upland cotton her# Is quoted at 9.16c. but even In ths season of 1904- 1987. when the crop was 13.611.000 bales. It Is pointed ont that the average price of middling at New Yojrk during ths year was 11.45c. Finally Wall street bulla continued to buy on r* seals down en the Idea that notion Is rheap nnd that every bale will • be wanted. Operators there thl.ik that the actual consumption will be enormous and that spinners will buy a very large quantity of this Ma son’s superior cotton In excess of their actual needs. For the moment, how ever. the big receipts serin burdensome. Coal Supply Fsst Being Exhsgitsd. See Sunday’s Telegraph. Candy Stick candy In boxes. 7He. Stick candy 1n barrels. 7c. Grocers. Mixed, pall 7%e. Cream mfxed candy In patle. fOe. Crackers. Rarona sodas, ^c. Barons nlennc*. 7HC. Barons oyster workers, ftfe. N. B. C. Sodas. IHO. Ginger snaps <N. B. C.), To. Assorted •eakegwIOo. »• Cotton Seed road station In Georgia. lined, so that once this sugar Is acted the enetern manufacturers snnun have a clear field for their summer cam Interest hero In default of actlv refined lias centered about the raw sugar situation. New ‘crop Culm* were freely offered, causing a decline for January Shipment lo 3.77 cents duty paid New York, though .refiners showed In difference except In the esse of, December sugars, of which the Federal took some 15.000 begs. Including surlnamcs. Grinding on In Cubs. Grinding In Cuba Is gaining headway, five centrals being In operation as eom* J ared with none last year at this time. s refiners close down the latter part of the month for repairs, their stocks are ample with- the presoat light demand, enabling them to pursue a waiting policy, Borne circles look for a reduction In the duty on raw sugar, pointing out that st 8% cents New Orleans is 60 pointr. under Europe, ths taulalsna planter ob taining therefore only $1.08 benefit from the 91.68 protection. The Rloe Market. The rice market has been under the in of the holiday trade, wholesale gro cers buying only as their depleted stocki compelled. The receipts have been lib ernl. but a considerable portion found Its way Into consumption from tho docks. Blocks In store are not excessive when compared with the usual supply st this time of the year, and assortments none t>K> good on Honduras sorts, which for fancy heads holds firm. The attrgctlve level of -Japan’s fK — the preference, although there is at 111 an clement of the trade holding off In the expectation that ths • south will recede from Its position and further cutting off era from some Texas mills though oth era hold firm, claiming that ths high pries precludes concessions. DRY GOODS. NEW TORK. Dec. 11.—Th* dry goods primary markets ruled generally quiet. Steady trading In a small way Is noted In soma of the houses nnd ths road man are sending In small orders steadily. The edge Is off th* recent top prices la cotton f oods. The local wool market has been airly active for the week and prices are firm. Cotton yarns ars Irregular again, dealers who bought contracts In October being quite willing to trade at the small profits now In sight. COTTON SEED OIL. NEW YORK. Dec. 11.—Cotton seed oil was barely stendv Owing to liberal offer ings of crude and staler colon and hog products. Prims crude In barrels f.o.b. mills 29%a38; prime summer yellow 18% to 38%; prime summer white 8IHa4l; prime winter yellow 44a4$; off summer ^Hlew ^87*88%; good oft summer yellow NAVAL STORES. WILMINGTON, Dee. H.-Splrtt* »til?, it Ine steady lit 88; repelnti. 42 casks. MntliOTfiMHSMIMBMM Rosin stendy st 2.75; receipt 71. Ta firm nt 1.78; receipts 261.. Crude turnon tine firm nt 2.00, 8.90 and 1.00; receipt It berrelgjw^MMMi&i^^^^^^M Southern Railway Schedules. Showing the arrival end departure of passenger trains at Macon, Ga.. for Infor mation only, and not guaranteed. No. Arrlv„ from: - a. m No. Depart to? 14 Jacksonville. 8.0L 13 Cincinnati.. 8.08 7 Atlanta 7.81 16 Brunswick. .18.60 ^50 8 Lumber Clty. P 4!on S.X0UB Atlanta * Arrlv* from: !! c&tSfl"’: ?:! 7 Lumbar City, t.i It Atlanta....7.10. 15 Brunswick. DUN’S REPORT OF BANK CLEARINGS FOR NOVEMBER. Bank clearings for November reflect a large foerases la the vAam* of psymesta throogh the banka, not only at New York City, where atoek market operation■ were very heavy, adding materially to the volume of bonk settlements there, but st many of the leading dtles In all aectlona of the country, total bank exchanges for the month this year at all dtles reportlog In tbe United States, embracing more than 100 of the leading elllea aeeordlng to the monthly statement of R. O. Duk A Co., being $12,908,188,633, against $9,600.418899 In Novomber, laat year, when financial operations were greatly disturbed, and $13,870.407,79fi in the corresponding month of 1900. The comparison with last year serves chiefly to emphasise the depression existing then. On* leas badness day Is tbs month this year (there b*Ang fits Sundays), effects the comparison unfavorably; average dally figures for the month, $663,834,090, compare with $500,608,000 for November, 1906, a period of normal trade activity. The noteworthy Improve ment Is in tho West, Chicago, Milwaukee, 8t Paul, 8t. Louis, Kansas City and many other centers showing galas over 1908. A small Increase appears at soma leading cities In New England. Exchanges at New York City are practlealiy the same aa In November, 1908, though specula tire dealings In stocks ware folly fifty par rent, greater this year. There Is a considerable decrease at Philadelphia, Pittsburg aad soma important Iren centers. Belli- more, New Orleans and other leading etliea In ths Sow* renort eosaiderable losses j also Baa Francisco and other Pacific Coasts points. Th* Improvement since the eerly months of ths year Is shown In the statement of average dally bank exchanges at all rittea in the Untied Slates given below and covering a comparison for three rear*. Under normal conditions tbs volume of bank clearings reeakea ths low point of the year in August and the highest aver- age« era Is tbe laU fall, the winter aad priag smooths. Th* lose this year averaged fully 20 per cent, until mid summer \ the November figure# are well ebeve all preceding menths this year. Comparison is made below of bank exchaageeby sections covering three years; also ths average dally figures for November aad the tea preceding months 1 NOVSMSXS. SaW** 4 :: Hull Atlantic -estfccfa ont rat West Wasters Kew vSt city l/slted Mates Average deity *te:EE: In the Booth Atlantic 8talcs there are small galas s4 Richmond and Augusta over 1998 and a considerable Increase at Charleston end Jacksonville. Baltimore and some other leading cities still report s considerable deer ease. The figures in detail follow; H. Q. A. NA8H, President. H. G. A. Nash Audit Co., u. EXPERT ACCOUNTANTS AND AUDITORS 201-204 National Bank Building, Savannah, Oa. LONG DISTANCE TELEPHONE. * Expert Accounting in All Iti Branches, Business Men’s Meeting The Fourth National Bank—a business institution, rest ing upon the soundest business principles, guided by tried and proven business men, and patronized by tho most con servative business firms. Bank “Facts”—not Theories—facta backed by sound judgment. It’s from such a standpoint wo solicit your account. Fourth National Bank MACON, GA. Wil 1 i ngham’s W;arehouse COTTON FACTORS SHIP US YOUR COTTON AND GET THE BEST RETURNS MACON, GEORGIA She Is Pleased Bccnuso her husband has giv en her an Electric Chafing Dish, which is just whnt she wanted. ‘ It is just the thing for cooking oysters, rarebits, omelets, etc. Can be Used on the dining tablo without injury to it. Can you think of any thing more useful to give your wife for Xmas! Let us show, you tho many olcotricnl appurtenances wo we have for sale. Macon Railway & Light Co. Santa Claus 7 Seat In his famous slolfh must neefl repair. Ing by this tlms. How obout that seat In your carriage? Or any other part of ths vehlclsT Wa do dll kinds of carriage repairing except the poor kind. Bring your carriage hers and hava us put It In shape for the holi days. There’s tlms y«L -,h2q J S/ til AC ON GA: PhoN ^ 218-220 Third Street. Phone 254B. Ktlw.ril I-oh. Ore.. John H. Don.hu., V. P. J.rora. Jl-nmnn. BM.-Tr«fc Bedingfield & Co., Inc. P. 0. BOX 1008, JACKSONVILLE, FLA. MUMM’S EXTRA RYE. 4 Qu.rt. I S.' 0 > O.t. J«( 1 Qu.ru 10.10 2 O.J. Juc IS Quart. 11.00 I 0.1. Juc OLD NI0K ROLAND CORN. 4 Quarts 1 Oal. Jug....•*•.*•••. 8 Quarts 8-76 2 Oil Jug...••••••••»• 12 Quarts 9.60 3 OaL Jug....•....«•«• ’ WILLOW BROOK RYE. 4 Quarts 13.00 1 Gal. Jug I Quartfi ,..••»*••«•»•••*•» 8-75 2 Oal. Jug. 12 Quarts i>60 3 Gal. Jug f 8.10 9.10 • 18.60 ...1320 ... 1.00 ... 9.00 I..I&30 ... 6.22 .. 7.76 IMPORTANT. Take warning and order now—do not wait. Avoid tho Christmas rush. We Garry a Complete Line of Winee and Liquor*. ■ Write For Our Complete Price Li*t. SAM & ED WEI0H8ELBAUM P. 0. Box No. 65. 610 Market St. Chattanooga, Tenn Phone No. 820. Our itock is complote with the finest and beit. brands uf Wines, Whiskies, Brandies, etc. WINE IN BOTTLES 4 Qti. Ollf.rnl. Shan. I >.»» AnuiOtUlKlo Bk.rry Import.d t.4d Durr o-.rdon Sherry Importtd U>IU«W. >- ' >y.l Fart IV.,., . — v Imported turret 4k Co". Scupprrnon* California oar.1 - -tom.;— gcfti-.;:;:::::::::::::::: *.i akin. Win. rlConlf.b*chw> 4 tt Khtn. Win. (Kad*«k.lm,r) 1.4 Whit. BM1 c:n.mp..n. Imp. <tt. 1J.» Whit. H~l t:tmmp«n. Imp. PU ..... : . «.H Mum-. Kill. Dry Cii«mp.*n». Import. ^ llutnUt^Kiitrl Dtir' 'Chimpirri. 'import! ' OoliTV."'Am.ric.il win..'dti..T.ll Oold Mat Awrtwa Win*. 4 *. I Qta. •la i.ia 4.76 J:8 10.71 Hi! 24.76 m i: 09 3.76 j i.M U n 10.71 |i.H 14.71 M.M 11.00 U.88 EXPRESS PREPAID All Orders Shipped on tho Day Received. ORDER NOW FOR CHRISTMAS