Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, December 04, 1907, Image 14
14
•x’HE ATLANTA GEORGIAN AND
^EWS
AND BULLS BOUGHT
Resulted in a Wild Advance
in Cotton at the
Start.
REACHED 25 POINTS
NEWS AND GOSSIP.
Of the Fleecy Staple.
Eased Oil a Few Points and
Then Shot Rapidly
Upward.
. Idvorpool wpw 1h* largest In it long time.
, amounting to 11.00* bale*. Later the whole
; market reacted Home 4 or 5 points under
extensive profit taking operations.
Liverpool uaa 1<» polnta higher for spots
st 6.S34 on sale* of ls,0«i hales, the heaviest
for a long while.
Futures opened easy slightly lower than
duo, but Immediately started upward nod
intlone of Tuesday.
the final quo
The heavy *nle« In Liverpool nt the sharp
advnnee gave the bull* all tlie eneotirnge
ment needed, while the hear* were brought
. far# to fneo with the fact that they were
on the wrong side of the tnnrket, and that
rapid covertttf wan absolutely neeeaaarjr.
These two elements were buyers-one for
Investment chiefly. the other for protection,
whleh eaused n wild and excited opening.
, first price* being JO to 26 |H»lnts higher. A
slight slump followed on sales by buyers
with handsome profit*. but they did n ‘
. weaken the mark'd, and prices shot up
couple of point* above the high points of
the morning.
Advices all favor cotton at llo* moment,
and higher prices ore predicted before the
holidays.
Low, .tones A t'o.. New York, sny: "Euro
pean cotton outlook is excellent. The sale
of 17,<V«0 bales nt Liverpool Is the largest
•Ingle day's business this season. These
■ large sales Indlente a better outlook for
* English spinning demands. In contra*!
with the curtailment of Atneriean mills. Ku-
. ropean prospects are rather of a eontrury
character. If enn l*e seen upon what firm
1 foundation rests this present strong mnr*
■ k«t."
The market quieted down in the afternoon
' and on selling by Uarpenter and Matsh.
S rices eased off some 14 to 15 points
rom the ton, net II to 1G points higher.
Liveried is dm* to come 9 to 10 points
lower.
Special to The Georgian.
iProm Hayward, Vlek A Clark.)
New York. lire. 4.—J. H. Barhe A Co.!
Liverpool was due 1 to 2 points lower. Ope*
e<| steady nt 3% to 4 f*d»ts decline. At J2;JA
p. m. was steady net 4 to 4% point* higher
on near and 2% to 4 higher «n distant |m.*I-
tlon*. Kfn*f cotton Arm 10 points higher;
middling *.*!: sale*. 1V«»0. A me r lean li.Sk'j
•peculation mid export 1.5*10. Import* 4<»,nrn,
Including 31,'kS) Amertesn.
The markri. holds well against attacks.
Tin* bull party lias the situation well In
hand. The opening In Liverpool was very
weak, hut clique support has brought n
quick rally for effect on our opening. It
inav he that the manipulation Is for the
purpose of realizing on the advnnee this
morning In our market. We do not advise
purchases on the bulges, but favor buying
oii any sudden recession.
Ileltieken nml Vogelsang, Liverpool, cable
it* ns folloxvs: “We think New York opera
tor* are buying In Liverpool to stimulate
prices here. The fo ling Is very bullish. We
do not think It a pood time to operate on
the bull able." •
Hood, Fernle A Co., Liverpool, cable us;
"Market strong on report that there will
he no strike and on pood general buying."
Rig short Interest trying to get cotton
back caused strength, also good spot de
mand.
Following are II n. in. l*Wa; HecenilM*r
11.Go, January 11.1ft. March 11.22. May 11.26,
Home of the selling In the market yester
day and t*Mlay has been on fear that the rail
the national luyjk* by comptroller of
reney Would be disturbing nt I III* tltne.
smucb as banks have been preparing for
Jmt sueJi «n emergency we can hardly.
in* why this should be regarded aa good
I’lieonlng. The premium on currency has
(town no Inclination to advance this morn-
lg and the requirements by the Interior
in ui to Is* well provided for.
Price estimate* pinning* to November 30
t 1,120,00.1.
The feeling I* that the short Interest
mining I* larger than hud been supposed. I
would not sell it .yet. Receipt* too light
ml spot commit nicut* for this month too
Edited by
Joseph B. Lively.
Mr. Lively’s twenty-flvs
years* experience of ed
iting markets In Atlanta
and tbs South has made
him a recognized au
thority In his apedalty.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
NAME OF STOCK.
hear
orl«
1 tw. | litor,.
1 1905.
Receipt* 1 N7.)*H 1 161.845 1 98.Mu
Shipment* f 74.290 141.181 [ 78.080
Stock* i 324,189 | 438,997 ! 498.119
Comparative |Kirt receipts:
1907.
>»*■
Ssturday
Monday
Tuesday
Wednesday
$0,412
41.672
80,130
49,141
84.370
82.019
86,334
Total for four days....
Total *lnro Sept. 1
$iUi5
3.574.996
311,14.1*
4.480.667
Estimated receipts Thursday: ^
New Orleans I3,50u to 15.5oi 15,681
Gslventon 18,600 to 19,590 26.481
Houston 12.000 to 13,000 17.078
Movement at Atlanta:
Receipts Wednesday. December 4.
Same day last year
Decrease
Shipment* Wedncnday. Dreemlier 4
Same day ln*t year
.... 1,004
.... 2.060
... 1.066
— 1.151
.... 2,250
Clark:
nettled: endues siwi
tneiif In market.
More demand for
the past two day*
4.—Hayward. Vlek k
lea: ••Htrlkc Oldham
lemniid and Improve-
iota here Ilian during
___ .. Offerings quickly ah-
sorfied nr % to *;<• higher. One spot buyer
Mays middling today i* selling nearly it* high
Same day Inst year...—
... 1,0W*
4.... MTS
17,495
SPOT COTTON MARKET.
Liverpool. Arm: middling 6.33.
Atlanta, nteady: middling MS.
Ntw Orleans, active: middling 11**.
.Mobile, steady; middling 11 6-16.
Charleston. steady; middling 11.
Baltimore, nominal; middling IF*.
Wilmington, quiet; middling 11*4.
Boston, steady; middling lf.ltn.
Memphis, quiet: middling tl 9-16.
Philadelphia, quiet) middling 12.15,
Houstop, steady: middling 11 1116.
Norfolk, quid; middling 11%.
TODAY'S PORT RECEIPT8.
The following table shows receipts at tho
porta today, compared with the same day
last year:
‘ New Orleans,
f Galveston. . .
Mobile
'Havatimill. . .
; Charleston. . ,
; Wilmington. \
j Norfolk. . . . ,
New York. . .
• Boston. . . . . .
! Philadelphia. .
Pensacola. . .
Port Arthur. .
Various. . . . .
Total
20,891
I9.6«l
8.123
INTERIOR RECEIPTS.
aamc «Iny last yenf:
| 1907. ]
I 1906.
Houston. ......
August*
Memphis
■L IrOtll*
Cincinnati
r.879 I
.'.MS ;
*47s
13.669
«Ct6o
io.ni
1,468
HAYWARD. VICK & CLARK'S
DAILY COTTON LETTER
Nr
Orln
\ 4.—A change of great
and lasting effect occurred over night. The
threatened strike In (.anrimhlrr I* reported
as definitely averted and large mills demand
Is coming on the Liverpool market. Spot
prices there are 10 points higher, on *s|e<*
of ls.oon bale*. With s|
lead, we have to nbnhdoi
lion and may confidently i
step toward higher price*
the Ide
irk f.
. _ . — . .. Hlg capital lu
New York, even l*enr money, hs*.shifted to
the bull side. The clinnge In price prospect*
good miauling sold yesterday
New York Commercial: After the naming
of unuHiially low prices ami making offers
yarn dealers seem to be gradually arriving
at a determination to await further devel
opments rather than continue the policy
tnnt has been In force since the slump set
in. Low offers tire still being made In quite
n few quarters hut the worst seem* to
have passed. If the dealers who are anx
ious to reallxe on their stork can manage
to hold on for n abort while longer, it la
thought that the market will, of Ita own
accord, show a stronger tendency. In the
begin to stmlgliten out for spring them
should he h better demand from the mills
for yarna with which to turn out the orders
that have l>een booked.
Hplnners nre refusing positively to meet
the prices that have been inane In this
market, nml this Is undoubtedly doing
much to help the market. At the same
time mills that have received cancellation*
on orders for next spring and have yarns on
ham! with which to turn out these goods
are offering these for resale In this market.
Except for a few sale* of spots In regulars
and narrow odds the market on gray goods
was quiet yesterday. Regulars for forward
delivery arc held nt nnuiliin! quotations. On
28-IDCh 64xH0a 4Vi cent* In the price for
spots and the supply of this construction as
well as of regular* Is limited, Deliveries
are heavy and -with mills curtailing no aur-
plus stocks are being built up. Wide goods
re In little deniutul at present, on a basis
pf 5% rent* for standard*.
ATLANT A MARKETS.
FRUIT AND PRODUCE.
BOOS—Dull, 24US 25c.
LIVE POULTRY-Hen* dull, 46 centaj
chickens, fries, 22%O$0c. Pucks. Pekin, 35c
each; puddle, SOc each. Turkeys active, 16#
’’di/kSSed rotii.TnT—Tur»*n. *!.„«.
active, 20c pound; fries active, $0<922%c lb.*
leas. 16c pound; ducks, drawn, fancy. ]|«
pound.
PRODUCE-Lard. He pound: hams active,
16c pound: shoulders active. lOOHe pound;
•Ides active, 11c |K>nnd; lint ter. 186T24e per
pound: beeswax active. 25c wound* hone?
(bright) active, 15c pound. Italian X Chest
nnt. 9e pound.
FRUITS AND NUTB-Cltron, 20e pound;
almonds, 18c pound; Brasil, 14c pound;
Grange peel. 1?V4c lb. Lemons, fancy Met-
•enn. $3.75114.00; bananas. 8Ue lb.: Ilmen.
Florida stock, 60c 100. Peanuts In sacks aver-
tiring 100 pounds each, owing to grade.
&%4)Sc pound; dried apples, 12til2%c; dried
pcarhea, 11%«\ Figs, $1.26 Ih»x. Pates. 1-
pound package, "Vic. L. L. raisin*. $2.00
box. Mixed nut*, 25 nnd 50-pound boxes,
13 cents, tirade*. Concord, 5-pouml ba*ket.
30c. Malaga, per keg. $5416. Apples. New
York. $4,604*6.50. Cranberries. *1! barrel. 60c
gallon. Florida oranges. $2,751(3.00; "Pet
Brand" oranges. $3.0003.60,
VEGETABLES—Potatoes, per hnshel. one
sweet potatoes, 8**4i90c. Onions, $1.10 bush.
Spanish. *1.V> crate: kran» % barrel. $1.7$:
Danish. 1%. Celary, 86090c n bunch: her
crate, 6 to 8 doaen. $5.26. Cauliflower, 104#
lfHe pound. I.ettuee, $2.26412.50 per crate.
Turnips, l%o pound. Florida beans, $2.60
crate.
FLOUR AND GRAIN.
FLOFR-Highest patent. $8.50; best pat
ent, $5.71: standard patent. $5.60; half pat
ent. >825: spring wheat patent. $«.$•.
CORN—No. 2 white (old crop). 79c; choice
white (old cron). >0c: mixed (new), 75c.
Crackgd corn, 1<M pound aaek, $1.90.
CHfCKEN FEKP—Ptftv-poiind aaeks. If,
Purina chleek feed. $1.95; Purina acrateb
feed. $1.96; Purina feed, 176-pound aacka.
$1.66.
OATK-No. 2 white. 62e; No. 3 white, 62c;
No. 2 mixed, 60c; Golden oats. 68c; white
dinned. *c.
MEAL—Plain, 96-pound Backs, 77e; 48-
American Smelting . ..
Am. Locomotive . , .
do. preferred ....
Am. Oar Foundry. . .
American Cotton OH .
Anaconda ,
Atchison
do. preferred ....
Atlantic C. Line. . . ,.
Brooklyn Rapid T. . .
Baltimore Ac Ohio . .
Chesapeake k Ohio. .
Canadian Pacific. . , ,
Chicago k Alton. . .
Consolidated Gas. , . ,
t cutrnl Leather. . . , ,
do. preferred. . . .
Colorado Fuel A Iron .
Corn Produce
Colorado Southern . ..
Delaware A Hudson . ,
Denver A Rio Grarde .
Distillers 1 Securities. .
Erie
do. preferred
General Electric . . , ,
Great Western
Groat Northern pfd. ..
Illinois Central
Interboro
do. preferred
Kansas A Texas . . . .
i- v
n
37V(
$
tS
NAME OF STOCK.
IxiularllU
Missouri Pacific.
Mexican Central. .
New York Ceutrtl.
Northwestern. . . •
National Lead. . . .
Norfolk A Western.
Northern Pacific. . .
Ontario A Western.
Pennsylvania. . . •
Pressed Steel Car. . ..
Reading .
Rock laland. ......
do. preferred. . .
Republic Iron A Steel..
do. preferred
Southern Pacific. . . .
Southern Railway. . .
do. preferred. . . ..
8b Paul
Tenn. Coal A Iron.
Texas
[>xos Pacific ! 20V4
, f nlon Pacific 114%
,\ ff. Rubber 18%
i
do. preferred.
C. 8. Steel. . . . .
do. preferred. .
Western Union. . .
Wabash
do. preferred
6%
1T1?
Total’atuek aalea today, 769.400 shares.
NEW_Y0RK.
Following la the range in cotton futnrea to
New York today;
. . . . 11.tii 11.63
Jan 11.03(11.19
Feb 11.16 11.16
31
u.ti|U.A 11.6$-S6;li.iM
11.03 11.06 11.06-06
11.15 11.16111.08-10
11.11 11.12 11.11 12
,.J 11.13-16
April. . . .1 , » 111.1316
May. . . . ll.2Slll.FHlL11jll.161L16-17
June. . . .11,26! 11.26 11.24 11.24111.12-14
July. . | - ji-—
August.
Closed stead,
lOJd-61
r»5
10.96-97
. .,11.2311.30fll.ll 11.16 1L16-^17 11.03-00
. .11.26!11.26 11.24 11.24111.12 14 11.01-03
. .,11.18:11.24111.10 11.10 11.10 U 10.97-98
. Jll.i? H.12T1.10 11.10U1.ni-0610.65411
LIVERPOOL.
Following figures give the opening range,
t n. ra. and close, compared with yesterday:
Future* opened steady.
Opening
Range.
V98H-5._
“ 4.19 V»
IV4 6.92%
.1% 5.98
,.89 -5.97% 5.98% «.66 6.93%
.5.96%-6.99% 5.99 «.0& 5.91
.5.91 -3.99 5.99 6.06% 5.94%
.5.90%-5.96 5.98 6.05 5.94%
.5.88 -5.95% 6.98 «.02
De.-
Pec.-Jail. . .
Jan.-Feb. . ,
Feb.-March.
March-April
Aprll-May .
ADI „
May-June
J line-July
Jul.v-Ang,
Aug. S, pi
Previous
$ p. m. C!oae. Clost.
5.93% «.(W% 5»
.5.86 "-5.94 5.96 " “* '
-5.KS -6J6% 6.97
.5.94%-5.9fi 6.98% 6.04<
Closed steady.
NEW ORLEANS.
Dec., .
Jan.. .
Feb.r.
March. .
April. .
May. . .
June.
&r
•t,«dy.
aialu^
i a
11.23 25.llJSI-VJ
11.23-24I11.O2-03
11.23 111.02-04
11.27- 28 11.06-07
1L27 111.06-08
11.27- 88:11.15 16
11.27- 28111.16-18
11.45-47'11.24-26
TIPS FLASHED.
From Wall Street.
d* Vick A Clark, i
New York. Dec. 4.-J. H Bachc A Co.:
Americana lu London- weak % to 1 p« r cen,
tielow parity. Depression canoed by the
hardening uf premium on currency jester-
'fht* Rta'Hug statement. pnlill*ln*d tills
mornlug, makes un excellent showing. Del
aware and Hudson also report* heavy In
crease In net for October. For the rear to
now both companies run dose together In
net resnlt*. Reading's surplus I* $1.629.»wj.
while Delaware and Hudson's net Increase-
Is $1,618,768.
Canadian and Northern Pacific earnings
show well In gross. „
Controller of currency Issued a call for
reports of conditions of national banka at
close of bUHlness Tuesday, December 3.
Currency premium hardening was some
what of a surprise, n* It was expected to
entirely disappear. Irregularity expected In
early trading. Look for no serious
backs.
Atchison declared Its usual semi-annual
dividend of 2% per/cent on the preferred
stock.
Regular dividend declared on Smelters.
New York Financial Bureau: Irregularity
Is likely to be experienced today In the
geneifil active stock list. Developments are
conducive to a mixed movement with possi
ble cross current*. There Is it balancing
process that usually follows a sharp rei
ery and a natural recession of moderate
tent, with backing and filllug. whether
succeeding operation is to be bullish
bearish. We think, therefore, that tic- next
immediate outlook Is for u trading market.
In which professionals of the first das*, who
wish to be active, will be neutral nnd sell
on rallies toward the higher levels where
stock was offered, guarding with stops, and
buying only on fair setbacks. We believe
the policy of buying good stock* on breaks
for turns will be found profitable. We
would not now buy on the bulging, as stated
both on Monday and Tuesday lu these
analyses.
Careful Investigation leads to the Indica
tion that stock was met in Amalgamated
vesterdar around 52, Smelting 7. St. Paul
103-104, New York Central 95. I'eiinsylvaiihi
112, Reading 96-96, Southern Pacific 74. Union
Pacific 118. Steel, preferred, 88, and this
must be removed before higher levels can
be seen. Professional* will sell on rallies
toward those levels, covering on reasonable
reactions. In many eases It will be noticed
that the level* shown were indicated pre
viously In these advices. Northern Pacific
and Great Northern, preferred, should l»e
bought «ni fair recessions for turns accord
ing to our report*. The same may be said
of Rrooklyu Rapid Transit, though we
NOTES ON GRAIN.
Pointers on Provisions.
support on
tittle recessions. Lending operators were
the most determined*buyer*. Tlie next cen-
|H*rt *evm* to be considered a bullish
Wall sire
Further advaiiw
lent I v predicted.
aggressive buyer*.
Idcdl.V
In
juring the week Is colif!
Demand for spot* I* de
tc than during the punt
but holders have marked up
sharply that business I* difficult
ral Jots nre living withdrawn from the
market, nnd this makes offerings light.
About % to He advance Is being paid this
mornlug.
Now York. Dec. 4. J. S. Rathe A Co.;
feature of the Liverpool market was It*
igtli after the early
-ikm-
brought about l.
nml financial r<uullil<
lw»lnc reeognlard *l*r<
to more general den
**msumer«. and last, bit not least, the *i
tfsHcal situation of cotton J*. and bn-* bee
pointing one way all aioii*. Onr mark,
opened, about 22 point* higher, which
n* In this eountrv I-
and for the -miff l.v
cl nod
s fine
traeted some celling
but Interest in th
growing, trading U
price* noon ndwin* e«j a*
Cables from LUer|M»ol
bullish on reduced < roj
1* reported bujlug tlo-r
mint
lit th
in
#y the feeling i«
lew*. New York
•ml fnturi-* grml
pBPH
nr opening amt the hull |too! got In Its
work again ami advanced prices about 20 to
25 point* at the opening. The trading was
active and the short covering was a* exten
sive n* the bull support. Rumors of lending
operator* swinging over !•» the bull side and
the activity and trading increased bullish
feeling generally. Rmuitiiptlon ->f work by
mills and the Atreiigth ->f the foreign mar
ket- nil contribut.d t» help price*. A later
advance forced .l.inuary to 11.19 and Mnrgli
11.2**. with May s*»lllng at !!.»•. Repor***
Special to The Georgian.
iFrom Hayward, Vlek A Clark.)
Chicago, Dec. 4.—Rnrtlott, I’raxler A Car
rington: >Vo still believe that our wheat
will all be wanted nt hlglu-r prices, although
the mouth of Deeembcr ns a rule Is a dull
month.
Receipts of coarse grains nre too small to
supply the consumptive demand. Eastern
stock* nre very light, nnd receipts of corn
here should double In order to supply the
domestic trade.
The demand for oats Is Increasing from
rery direction, the South particularly be
Inter.
Chicago Evening Post: Clement-Curtla
have the following from their Argentine cor
respondent: "Wheat—Harvest yield now re
ported ns Improving; yield and quality let
ter than Inst year. Corn-Locust not likely
to do much damage owing to advanced con
dition of crop, a* far ai enn see on
present available Information."
Clement, Curt I* A Co. received the fol
lowing from their Ruenos,Ayres correspond
ent: "The condition of the cron* of wheat
and linseed Is nothing short or wonderful,
because It show* n grand prospect In evegy
P art of the country, without exception.
rost may yet come In the Bahia Blum
district, although even there the
IT THE
WHEflT_WAS HIGHER
Due Mainly to Strength in
Liverpool—Later Prices
Eased Off.
8T. LOUIS CASH QUOTATIONS.
Wheat—No. 2 red winter....
Corn—No. 2
Data—No. 2
fields are flowering under perfect condi
tion*. but unless I entile you of sonic dis
aster that is now unforeseen you inav cal
culate on a wheat land linseed) crop double
that of the present season nil oyer tlio
country, and no prepared for estimates of
yield that will astonish the world."
World's when! shipments:
America u
Russian .
Paiiuhlan.
India. . .
Argentine.
Last
Week.
.6,000,000
. 816,000
. 848.000
Prey. I.nat
Week. Year.
»,840,000 4.824.000
856.000 2,336,000
280.000 1,216.000
362.000 488.000
776.000 616.000
8,000 488,000
408.000 208.000
Chicago. Dee. 4.—Wheat opened about %c
higher, principally on the strength of Liver
pool. Shorts bought and scattered commis
sion houses had buying orders. H. C. Love
was the leading seller, letting go of about
500,000 on the up turn. Northwest care were
98 over last year. Argentine reported show
ery weather, while Russian crops news was
more favorable.
Wheat was 5-8c lower, com was 1-S
ffl-2e lower, oats l-401-2c up for
old, provision** 2 1-277 1-2 better.
WEATHER REPORT.
WKATHER CONDITIONS.
Aa area of relatively low pressure Is cen
tered on the coast near Charleston and Sa
vannah, while thn remainder of the country
east of the Iloeklo* Is covered by an extern
ilvo area of lilch barometer central near
Kansas City, where the pressure Is 30.58
Inches. This high area has moved in from
the northwest and Is causing colder weather
over the South and to tlie east of Ita center.
Cloudiness prevalla In the states east of the
Mississippi snd snow wn* falling this morn-
inf at Nashville, Tenn., Chicago, Pittsburg.
New York city, Oawego. Boston, nnd Port
land. Me. Over the Nouih dry weather pre
area will cause fair weather In this
tonight and Thursday, colder tonight, con
tinued cold Thursday. The temperature will
" " * degrees or lower tonight.
CHICAGO GRAIN MARKET.
Chicago grain and provision quotations
for today are as follows, compared with
yesterday's close:
WHEAT
Dec. .. K»
My .. 102%
ay ..
ily ..
CORN
608,009 408,000 208.000 Dee. ..
Total 9^44.000 * 544JW0 10.416.000 July .. 66%
Brnomhall cabled: "Tho strength In the OATS—
Budapest market today, when wheat ad
vanced 2%c, was due to the fart of eold
weather there, whleh further delayed seed-
lug uml caused fear of Injury to the wheat
plant already sown."
Duluth writes: "Do not think there will
be anything but low grade spring left In
Duluth when navigation doses, \eaaela
are now waiting for ear* to bo unloaded
before they ran tie loaded.
Open. High. Low,
COTTON 8EED OIL MARKET.
Now York cotton aeod oil
Opening.
Closing.
December
January
February
March
May
July
8**8*
ST'i'ffSX
38 m8%
40 4)40%
88 ®38%
33% W%
3944046%
«% 9 []
4l%#42
ATLANTA OIL MARKET.
il* I UNI 111* IWI' 1 » 'luc 1 1 iniv, ■ • 1
mills, prompt, 2«%JB27; December. 27027%
Ja unary, 27%02S; February. 2*%28%.
THE METAL MARKET.
New York, Dec. 4.—'Tin market is dull to
ny.
Spelt
topper unchanged.
Dec.
May
July
66%
•• »
. ORK-
Jan. ..12.80
May ..13.06
LARD—
Jan. .. 8.06
92%
rtiBK-
Jan. .. 7.15
May .. 7.02%
5C% 64%
67% 5*5%
56% 55%
50 48%
54% 52%
47% 46%
B.12%
8.07%
8
12.77% 12.75
13.17% 13.10
7.97% 7.90
7.92% 7.92*
CHICAGO CAR LOTS.
WZZMt
Corn
Oats
Hogs, head. ,
Today. ITomorrow.
LIVERPOOL GRAIN MARKE1.
n. m. whs HCTk
higher.
Corn opened %0% higher, and
m. was unchanged to % higher. <
% higher.
THE SUGAR MARKET.
York, Dee. 4.—The domestic refined
Asheville, . . .
ATLANTA. . .
Augusta. . . .
Birmingham. .
Bismarck. . .
Boston
Buffalo
charleston. . . ,
Charlotte. . . .
f 'hlengo
Cincinnati. . . .
Corpus Christl. ,
Davenport. . .
Dodge.
El Paso. . . .
Fort Smith. , .
Galveston. . ,
Havre
Huron
Jacksonville. . .
Jupiter
Maeon
Memphis. . . .
Meridian. . . .
Miles City. . .
Mobile
Montgomery. .
Nashville. . . .
New Orleans. .
New York. . .
Norfolk
North Platte. .
Omaha
Palestine. . . .
Pittsburg. . .
Portland. Me. .
Portland. Ore. ,
8t. Louis. . .
£t. Paul. . . .
San Francisco.
Hnvnnnah. . . .
Hpokane
Tampa
Taylor
Vicksburg. . . .
Washington. . .
Wilmington.
Boston. Dec. 4.—Following was the bid
and asked price of Georgia ltullwuy nnd
Electric Company today: Illd 7«): asked
75. No market for preferred.
THE LONDON STOCK MARKET.
Open P. M.
Amalgamated Copper
Aurondn
Atchison . ^ . . .
do. preferred j
Baltimore and Ohio ...
Chesapeake and Ohio . .!
Chicago and Great West..I
Canadian Pacific ' ;
Denver Rio Grands ....
do. preferred
Erie |
First preferred
Second preferred !
Illinois tVntrnl '
Kansan and Texas ....
preferred
Norfolk and Western . .
Northern Pacific . . . .
New York Central . . .
N. Y., Ontario A- Western.
Pennsylvania
Philadelphia A Reading .
Flrat preferred
32%
nil prefe
Rock Island . .
Southern Pacific
Paul . . .
Southern Railway
do. preferred . .
Union Pacific .
U. S. Steel . .
1-V",-
18%
125%
STOCKS HEAVY
Influenced a Generally Low
er Opening in New
York.
LONDON RALLY LATER
Except the Metal Stocks,
Which Are Lower, New
York Followed.
By T. C. SHOTWELL.
eiuent of flielr conditio
to hate been the true
eukm-ss of stocks yesterday
concerted London and caused many authori
ties there to lose hope in Ibrl* previously
xpressed belief ttint the Rank of Hngluiu
It* minimum discount rate
that It is known Hint New
buying currency lu urder
would reduce
tomorrow. >
York Imuks —
to make a good showing in their report
the comptroller, nil reason* for excitement
vanished and It was expected this inoniim;
Loudon'* henvlne**. but London hu
proved after the reason for the currency
premium wns made public, and the decline
in New York whs halted.
The fact that Theodore If. Price ha* es
caped from the cotton corner nnd has be
gun buying publicly cutiscd a wild advance
In option* thl* morning. The gross advance
wu* more than 3*> points, or u dollar nnd a
half a bale.
Wheat w»* slightly lower.
Trading on the curl* market was <pilet.
Helped by consistent strength in the
Hill stocks, the whole market showed
an advancing tendency In the early aft.
ernoon. The movement .was wedl or
ganized and professionals followed the
advance, considering that the buying
looked good. As might have been ex
pected the strength In the Hill stock*
revived the old rumor of a Burlington
melon cutting.
New York. Doc. 4.—The stock market
opened generally lower with declines run
ninir from % to %. Canadian Pacific was
art exceptional fall of %, Southern Pacifl<
%. Union Pacific %. Great Northern %. In
the Industrials Copper receded 74. Smiting
1%. Steel common % and preferred %.
Brooklyn Rapid Transit opened % higher
mid Increased the gain to 1%. By the end
of ten minutes' trading the market prs
sentod an Irregular appearance with some
recoveries in progress.
Closing bids follow:
Railway Stocks.
THE COFFEE MARKET.
The foHowlng figures gives the opndng
market t<*day:
,January ,
February
March
t April
«">•
June
July
I August
September
December
cut that tlu
be low and I ha
timatc would 1-
Uxiu.ru are !»•*«»;
heavy outward uu
.iim:i
th«- national sinner*'
-omul 8% niillto
and there U cx|
i*iiM*nt In tin* no
tin- bull side el
holiday *
onhi
HAYWARD, VICK & CLARK,
COTTON, STOCKS, BONDS, COFFEE* GRAIN AND PROVISIONS.
Carondelet and Gravitr Sts., New Orleans.
MEMBERS:
New Orleans cotton Exchange. New Orleans Future Brokers* Association,
New York cotton Exchange, New Orleans and Chicago Boards of Trade,
Otlrtzicz Cotton Exchange-, New York Coffee Exchange.
Houston Cotton Exchange. Associate Mem!*en» Liverpool Cotton Ass'fe
New York and Chicago Correspondents:
4. S. BACHC 4, CO., AND BARTLETT, FRAZIER A CARIIINBCON,
PRIVATE WIRES TO ALL POINTS,
k
79c; plain, 24-pound aacka, lie;
a bale*. $1.25;
. ; No. 2. $1.00;
. third bale*. $1.08. Bermuda. SSe.
S11GRTS—Choice white. $1.80: fancy, $1.70;
brown i75 pounds). $l.fi); bran, $1.50.
PROVISIONS.
PROVISIONS—Premium hsma. 14%e; bel
lies. 20ftf25 pounds average. 9%c: fat backs,
7%c. Silver T.eaf lard, l0%c. Jewell com-
nottnd, S". California hams. Pc. Ex-rlhs,
8%c.
GROCERIES.
RICE—Jsp, 6% cents; head. 607r; faocy
%rsd. 7fT7%c. accortltnc r« the grade.
CHEESE—Fancy full cream. W%e; Georgia
cane syrup. 38«’ pillon; salt. 100 pounds. Me;
axle grease, $1.78: toils crackers. 6%c pound;
lenten, ••*: oyster, 7c; barrel esndy. per
pound. 6%c; mixed, per 8 t*ounda. «%c; toma
toes. 2 pound*. $2W _caa»-; I |*ouuds. $; *;
navy l>eans. $2.90: Lima beans, 7c; host
match** per cross. 81.66; macaroni. s%07<
H»**ed: santlne*. mustard. $3.M case.
SUGAR—Standard granulated $5.15; New
York refined. 4%: plantation. 4%c.
COFFER- Roasted. Arhneklea. I16.M; bulk
to bags an I 1-arrela. 15e; groen. 11012c.
Shredded biscuit. IRO) eese: No. 2. rolled
oats. $3» esse; aack grit*. 96-pound hags,
$2: ovsters. full weight. *2.3 ease: pepper,
tie pound: baking powder. $5 red
oalnton. S5 case: rink salmon. $4.S0 rase:
rpct'S. 46c; rhoeolst**. iVle; an off. 1-fh Jnrs.
4$c; roast l*eef. $2.«0 case; ufron (Sew Or-
XV gallon: corn. FV* gnlhm: potsst
0.2641183 cane; pennut*. 6%c; rope. 4 p!y
rot ton. ?2%e: soap. f!.3>574.(>') case.
COTTON *EEP 8fFat.—Prime per tax
52S.OO: No. 3 per ton. $24.03; hulls per Ion.
tl? 60
CANDY—Mick, assorted 6%e pontn); stick
assorted. *%c pound: fancy assorted, pall*
6V**: rtjoeolste drons. nalla, h% c; ir
ourti*l. ten box?a $5.53.
MINING STOCKS.
*• *"h» nuiu-, w?s, ui nniip, iu-%.
Smelting, preferretl, 3S%; Greene Cananen.
5%; Shannon. 10%; Utah, 32%: Butte Uoall-
Will Reopon Firat of Year.
I'lttsburg, l*a., IH»*\ 4 — If Is not expected
that the stock exchange will reopen, lie fore
the fir*t «*f next yeor.
THE LIVE STOCK MARKET.
Union stock Yard*. Dec. 4.-HOGK— Re
eclpts .15.0)0. Market steady to .*U* lower:
light. $4.*W05.7u: mixed. $4.6605.15; heavy.
$4.<W«5.15: r»ngb. $4.6904.75; ptg*. O.9J04.*:
yorkers. $4.9505.06.
CATTLE-Rccdpta 2).wW. Market steady,
amt in.- lower: beeves. 8S.2D06.35; cow* ami
heir* r*. $1.I5u4.66; Texas steers, $203.80;
a Ives, $507; Western calves, $30T>: stm-kers
illd feeder*. $2.2004.20.
SHEER- Rtivlpts 22.000. Market steady
In- lower: natives, $204.90; Western,
$204.»*: yearlings, $4.3o05.26; Uraba. $3.7*0
6®' Western lambs. $3.7504.20.
NAVAL STORED
Spi-i-UI tp The tleorgfan.
Savannah, Doe. 4.—Turnentine firm at
45%; wles. 379: receipt*. W3.
R'isiu ’.inn; sales. i2L8; r»*»elnt«. 2,7^*:
water white, $8.95; wtudew glass. $»^5l»: N,
Kl»; M. $5.45; K. $4.80: L $3.75: II. $&<£«*.lo;
G. I2.9o03.flft; F. $2.P»)tia. l »2%; E, $2!*»f.3; II,
*=-8603; C, D, A, $2.«03.
WEATHER FORECAST.
Waahington, Dec. 4.—Weather conditions
and general forecast:
The plateau area of hj£b pressure has
given way somewhat, and n second high of
great extent now covers the Mississippi
ralley. Pressure Is low on the north I’a-
cldc coast and northern plateau region.
The depression central In the Ohio valley
putid nnd locally in the
ti has fallen on the north
The Indications point to clearing weather
in the middle Atlantic states this afternoon
or tonight, followed by fair weather Thurs
day. In other portion* of tho district fair
weather Is probable, except along the lower
lakes, where snow will doubMe** continue.
Not much change In temperuture Is an
ticipated before Thursday night and Friday,
When warmer weather may l*» expected.
Forecast till * p. in. Thursday:
Virginia—Partly cloudy tonight; probably
snow In mountain districts: Thursday fair
sml continued cold; fresh north to north
west winds.
North Carolina—Fair tonight, exeept snow
in mountain districts; Thursday fair; fresh
variable winds, mostly northerly.
Sooth Carolina—Fair tonight; elder on
the coast, probably light frost; Thursday
fair; light to fregaki northwesterly wind*
Georgia—Fair tonight and Thursday: cold-
*r tonight In extreme southern portion and
on the const light to fresh northwestelly
winds.
Eastern Florid*—Pair tonight and Tburs
day: colder in northern portion tonight;
light to fresh west to northwest winds.
Florida and Alabama—Fair to-
6.7505.89
5.7505.80
5.8006.85
5.8006.86
f.,W'u;>.«*5
5.9905.95
5.9506.00
6.9506.05
6.9006.05
6.0006,10
6.0506.10
5.7306.89
Closed steady. Sales 19,500 bags.
TOO LATE FOR CLASSIFICATION.
LOST OR STRAYED FROM OUR EAST
Hunter street stnhle*. on* brown horse
rattle, six years old; white nose. Lllieral re
ward for return to Atlanta IlaggHge and
warmer.
Oklahoma—Fair tonight; warmer in
western portion, Thursday fair and
warmer.
Arkansas—Fair and colder tonight;
.. 73 3-$
..1511-8
..137
.. 201-8
.. 20
.. 173-8
..1241-2
.. 94 1-8
.. 14 3-4
.. 511-4
.. 971-2
..1131-8
.. 93 7-8
Atchison
Canadian Pacific
Chicago and Northwestern
Colorado Southern
Denver and Rio Grande ..
Erie . t ..
Illinois Central
Louisville and Nashville ..
Mexican Central
Missouri Pacific
New York Central .. .. ..
7,iI? Pennsylvania
‘Reading ..
Rock Island
do. preferred .... 315-8
St. Paul 103
Southern Pacific •• 713-4
Southern Railway .. 181-3
Union Pacific i .117 7-8
do. preferred 801-2
Wisconsin Central .. 18
Interboro-Metropolitan 71-3
Great Northern 110
Miscellaneous.
Amalgamated Copper 401-2
American Car and Foundry .. . • 20 3-4
American Locomotive 37 8-4
American Cotton Oil 26 8-4
American Smelting and Refining 76
do. preferred .. 911-8
Brooklyn Rapid Transit .. .. .. 38 1-4
Colorado Fuel and Iron .... .. 10
National Lead .. .. .. .. .. •• 43 3-4
Pacific Mall 23
Peoples Gas 76 1-2
Pressed Steel Car 18 1-2
SlosK-Sheffleld Steel •. 37
Sugar 1061-2
United States Steel 26 7-8
do. preferred . 87 7-8
Western Union .. 6,11-3
Mackay Companies 52
Vlrglnla-Carollna (’hemleal.. .. 17
MONEY AND EXCHANGE.
New York, Dec. 4.—Money on call
steady 307; time loans noted quoted.
Posted rates: Sterling exchange
$4.8104.8750, with actual business In
bankers* bills at $4.8604.8605 for de
mand nnd $4.8004.8075 for sixty-day
bills.
Prime mercantile paper unchanged.
London bar silver 26 3-4d. New
York bar silver 57 5-8c.
Mexican dollars 46 7-8c.
UNION SAVINGS
Assets $250,000.00
Commercial (checking) and Savings Deposits Solicited.
Strong, Conservative and Experienced Management.
Under State Supervision.
PER CENT
On Savings Accounts
Late Hours Saturdays for Savings Depositors.
V.
4
gUIIlEU
4
night and Thursday: colder tonight, with
it warmer In wentcru portion’; light'north
erly wind*, bevotulng variable.
Kentucky and TennesgctjFsiir tonight
and Thursday: colder tonight.
Louisiana—Fair, voider tonight;
Thursday fair; fresh northerly winds
m the coast.
Eastern Texas—Fair and colder to
night; Thursday fair and warmer;
light to frfsh northerly winds on the
•a*t.
Western Texas—Fair tonight: warm,
or in northern portion; Thursday fair.
U W. KYKfiS. Assistant Csshltr.
Third National Bank
Capital .... $200,000.00
Surplus and Profits $400,000.00
r>n. A. W. CALHOUN.
MILTON DARGAV.
JOHN W. GRANT.
I) I. MX OK I),
FRANK HAWKINS.
11. M. ATKINSON.
JOSEPH A. M’CtlRD.
J. n. NONNAfXY.
J. CARROLL PAYNE.
THE AUDIT COMPANY OF NEW YORK
The Oldest and For*nos! Ccrpritin Engaged in !c:un!in»
Bell Bbone 3309 Main. 1310 Candler Building.
HARRY M. RICE , . . . Southern Manag.r