Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, December 05, 1907, Image 13

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THE ATLANTA GEORGIAN AND NEWS. THURSDAY. DECEMBER 5. HEAVY SPOT SALES OPENEDJTTON OP Liverpool Continues to Re port Heavy Sales at Firm Prices. PRICE WAS A SELLER Profit Taking Caused a De cline in Prices in the Early Trading. \>w York, Dec. D.—The cottou market to- iter owned 1 to 8 point* higher. Influenced hr further lunte ules nt Liverpool, but war depressed* lifter ,ho cull hr liberel selling fur Wall street, and alao through Interests reported to bo acting for Mr. Price. Even- fiiflllv the leading options fell about 5 points imler last night’s elose. The Liverpool market Thursday morning opened about as due on futures, but the tendency afterward was toward a lower level, the elose being quiet 8 to 10*4 lower. For some reason the English operators arc of the opinion that the market Is In a weak position. They also expect a bearish bureau. In the meantime spinners are buy ing raw material nt a record-breaking price, lin d tire apparently willing to pay the ad vances asked, their takings Thursday aggre gating 12.000 bales at an advance of 2 points to fi.J3 for middling. ... The New York market opened 1 to 6 points up In response to Liverpool's fliow- ing. more especially in the spot department, but prices around the opening were the highest of the morning session, realising wiles forcing prices down some 15 points up NEWS AND GOSSIP. Of the Fleecy Staple. Special to The Georgian: (from Hayward, Vick A Olnrk.) New York. Dee. 5.—J. fl. Bache & Co.: Uvemol was duo 5 to 5% points lower. Opened steady at 5 point* decline. At, 12:15 p. m. Was quiet net 5% to 6% lower on near ami 4 to 6 points lower on distant positions. Fair demand for spots ut full' rates, 2 points higher; middling 6,35; sales 12,000, American 11.200; speculation and export 1,500, imports 17.009. nil Americau. Realizing yesterday afternoon was respon* dhle for the easic: Boles heavy In sales Liverpool 12.000 hub . American. The foreign movement Is hold ing prlees. Advise buying on all fair reees- sjyus. Think mnrket will be renetlouary to- day, but be sure to take advantage ut the drop to get long. erchauta think tinfavu follows: “Exp the market Is In long, our best n bly of cotton.” Following are 11 a. in. bids: December 11.45, January 19.5*5, March 11.<*4. May 11.07. Carpenter brokers sold Mareh down to 10.13. but when they stopped It reacted quickly. Tnleut think Carpenter lias ft very bearish card in the Giles report, which Is said to be coming out at 2 o'clock, ffuftqn very good buyer of cotton. New Orleans. Dec. 5.—IIayward, Vick k Clark: Hulls raldiug market to- buy a lit tle cheaper. Cotton will go much higher. **“'* . Spots firm. W ana .are to raid market a little more on tho ground thul ton many people bought, expecting « bull* Ish census. Spot market, howe— jf “*— Edited by Joseph B. Lively. Mr. Llvely’a iwcnty-flva years' experience of ed iting market* In Atlanta and tho South has mads him a recognized au thority In hta specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS steady, with prices showing a G<*>d reaction from*the low points, notwithstanding the estimate of Miss (Hies, the elose being ptoadv net 3 to 10 points higher. Miss Giles' estimate. Issued at. 2 p. in., i.lures the yield at 2,199,700 by stutes ns fol- «ieorgln Florida Arkansas . Tennessee Oklahoma Kentucky . J 1907. | 1906. Estimated receipts Friday 82.371 j 59.437 41.572 ( 84.370 80,191 ! 82,019 57.522 i 85.334 54,531 ; 97.208 316.148*1 378^68* 3.429.544 | 4.549,630 * .1997. . New Orleans 9,000 to 11,509 Galveston .13,000 to 15,0<)0 Houston 10,000 to 11,000 Movement at Atlanta: Receipts Thursday. December 5 1,418 Snine day last year ..: 1,605 Decrease 87 Shipments Thursday. December 5 1,600 Same day last year 1,545 1909. 14,830 17,352 18,443 45 Slock on hand Thursday, Dee. 5 9,1 Same day last yenr « 17,456 —ftui'i ,,— /T*-— 1 *— 7 M"* SPOT COTTON MARKET. Liverpool, *twidy; middling 6.25. Atlanta, steady; middling 118*. New Orleans, Arm; middling 11%. New York, steady; middling 1L2> Savannah, steady; middling H o-16. Augusta, steady; middling 11%. Mobile, steady; middling 11 5-16. charleston, firm; middling 11 1-16. Baltimore, nominal; middling 11%. Wilmington, quiet: middling 11*5. Boston, steady; middling 11.90. Memphis, steady; middling 11%. IMiilndetphln, milct; middling 12.15. TODAY’S PORT RECEIPTS. The following table show* receipts nt tht ports today, compared with tho same day last year: New Orleans. . Galveston. . . . MobUe Savannah. . . . Umrleaton. , . . "Ilralngton. . . . Norfolk' New York. . . . Boston. . . . . . Philadelphia. . Total. .’T GREATER INTEREST SHOWN IN STAPLES FOR SPRING. Sew York .Commercial; Buyers are ahd’ Ing greater Interest in lines of staples and ottous for the spring. They eorno to the conclusion that the rallL hold their sleeks. which are small, for full values and that there will be uo appreciable volume of goods thrown on the market as a result of cancellations. Tbo stand which the. mills have taken In denying the re quests lor indiscriminate cancellation has saved tho spring trade situation. Now it Is n case of taking tho goods ou the easiest terms that can he mude with tho mills. Most or tho manufacturers are willing to do anything In their power to help their pat rons and they are extending the delivery of goods weeks and In soinu cases months. Tills Is greatly relieving the position of jobber* and cutters who have asked for ex tensions. Roadmen for the commission houses and th*» Jobbers are again “booking orders for spring lines on staple cottons, woolen and worsted dross goods, and lines of linens, silks nnd white goods In Im ported grades. The fear of taking more looking to the spring as likely to prove a normal season. On cotton nnd woolen yams tho market Is quiet and there Is a lack of confidence ou the part of buyers In placing forward con tracts. They ore not dissatisfied with the present range of prlees, but stale that they do not feel Inclined to order further sup plies until their collections ou goods made up for their trade improve. The local job bing houses are doing a better store trade than they have for many days, nnd the visitors from out of town ar« Interested lu getting their goods shipped to them at once, nil lines of domestics ami on fancy cottons there Is also a larger volume of store busi ness than has been hooked since the early uurt of November. Tho mills of tho coun try are - adhering to their policy of con servatism, and. are curtailing In every de partment so ns to keep their production down to actual orders. SAME OF STOCK. Am. Ice ii Am. Sugar Refinery. . American Smelting . . Am. Locomotive . . . do. preferred .... Am. Car Foundry. . . American Cotton OU . Anaconda Atchison do. preferred .... Atlantic C. Line. . . . Brooklyn Rapid T. . . Baltimore & Ohio . . Chesapeake & Ohio. . Canadian Pacific. . . * Chicago A Alton. . . Consolidated Gas. . . Central Leather. . . . do. preferred. . . . Colorado Fuel & Iron . Corn Produce Colorado Bout hern . . Delaware A- Hudson . Denver & Rio Grande Distillers' Securities. Erie do. preferred General Electric . . . Great Western .... Great Northern p/d. . Illinois Central . . . • Interboro do. preferred . . . . Kansas A Texas . . . NAME OP STOCK Kansas A.Texns pfd. .. Louisville & Nashville.. Missouri Pacific. . . . Mexican Central. . . . New York Central. . . Northwestern. National Lend. ! 4'i‘ 4 j 43*4 Norfolk A- Western 65% Northern Pacific U7**j 120% Ontario & XV Pennsylvania. .... Pacific Mall People's Gas Co.. . . Pressed.Steel Car. . . Reading Rock Island do. preferred. . . « Republic Iron A Steel. do. preferred. . . . Southern Pacific. . . Southern Railway. . do. preferred. . . , fit. Paul Tonn. Coal A Iron. . Texas Pacific Uulon Pacific U. S. Rubber Western Union. Wnbasli do. preferred. TotnlTtock sale* today. 1,043,800 shares. NEW YORK. April. . .iii.«iiu.<ofii.4S . . U.M 11.16 10.94 ll.<a|H.n8^l9:ll.(6-0« . ,! I j iu.13-15ill.0Mil . .fjl.15 H.26 11.02 ll.18jll.lM9 11.11-12 . Jll.14 11.14 11.H 11.14 11.21-22111.13-10 . .;il.l«|ll.301LW 11.24 . ll.J- ll.ZU H.U H.1U ■ n.03 ! n.0B|n.03;11.03 Dec.. Jan.. Feb.. Mare Ap " Ml, Juno. . July. . August. Closed steady. 11.23-24 11.16-17 11.22-23 11.12-14 11.J5-16H1.10-U 11,07-09111.01-03 LIVERPOOL. <*Following Is the opening range, 3 p. m. and close, compared with yesterday: Futures opened barely steady. Opening Prevlon* Range. 2 p. in. Close. Close. Dee. . . . Dec.-Jan. Jan.-Feb. Feb.-March .5.99 .5.99 _ .5.99 -6.02*4 Mareh-Aprll .6.00 -5.99*4 Anrll-May . .6.02 -6.01% May-June . .6.0*1 -6.00% June-July . . .6.00 e.03% 6.03 6.04% .97% 5.93 o.97 5.93 6.00 5.95 .5.99 -6.02% 6.00 5.95% 6.04% 6.00% 5.96 6.06 0.00 5.96% 6.05 6.06% 5.99 6.97 14.65 July-Aug. . .5.97 -5.98% 5.97% 5.94 6.02 Ang.-Hept. ..5,87 -5.88 5 85 5.82% 5,92 NEW ORLEANS. Following Is the range In cotton future* In j O 1 h a Si Dee Jan Feb.. . .. . March. . April. . . . May. . . . June. . July. . . . 11.M 11.24 jii.a iilsi ii!86 1L34 H37 111 44 1149 11.15ITI.28 11.1011.23 ii.'ii ii.27 IL23jii*.83 iL29|iL40 11.23-24 11.28-24 11.23 11.27-28 11.27 11.87-58 11.37-39 11.45 47 11.22-24 1 11.30- 31 1 11.33-34 1 11.31- 36 1 11.40-41 1 NOTES ON GRAIN. Pointers on Provisions. Speelal to The Georgian. , . iFrouit Hayward, Vick A Clark.) Cbieugo. Dee. 5.—Bnrlett. Frazier A Car rington: It Im our opinion that a very large shortage exlsls here In May wheat. It has become popular here for the last thirty, lays to sell wheat short, and we are likely • ■ —*—* -ju covering by » seen the ml* •’urthermore. It Is our opinion that Europe will still have shorts, the snine as INTERIOR RECEIPTS. The following table allows receipts at the interior town* today, compared with the *»int day last year; HAYWARD, VICK A CLARK’S DAILY COTTON LETTER •kange yesterday toward the elose of our market, and were 4 to 5 points lower. A •ntiis said: “Market feels the influence of Hf> tne profit-taking. Bplunora nre buying ‘•irgely in Liverpool. Think splinters hold '**ry bare stocks of cnttmi. Consumption In GngUnd will exceed lust season’s If supply is available.” Dur mnrket opened about unchanged, then v-i "harply ]o points on a raid In New \1 r ^‘ ,M ’ ra, >lons like this the crippled ::« r r *?f bull support by the Botifh, owing '*> legislative restrletlous, enn bo clearly ■'?*>• »‘'reign interests can work these rnjas at will, and at comparatively little '_?**• •» support In defense can not be sum- m onod ns rapidly as In former days. The news that the National Bank of rnumerr* of Kansas City, Mo one Of the *rge*t hunks In the West, will not open „ * ariors for business this morning served f* f^aon for the rnld. * It may be that this *L' . •**. Isolated ease of temporary dls- , ■ •” 1 ■ 'Til IIIUC IO b*ans to New York, said * 5 2®*°W.OOO, nnd are consequently .f .Sf* ,,n ^ or difficulties during the time Jni 1 i* 4 rro P movement*. Hueb occurrences 111 always have a momentary moral ef* ATLANTA MARKETS. FRUIT AnTcTpROOUCE. EGGS—Dull. 24%©25c. LIVE POULTRY—Hens dull, 40 cents; chickens, fries, 22%{j30c. Ducks, Pekin, 86c each; puddle, 30c each. Turkeys active, 15c per pound. TtRESBED POULTRY-Turkeyi. drawn, active, 20c pound; frlea active, 20-?Z22%c Ib.f lens. iCc pound; ducks, drawn, fancy, 16t pound. PRODUCE—Lard, lfc pound: hams active, i$c pound; ahoulder* active. 10011* pound; ■Ides active, lie pound; butter. 18©24e per pound: beeswax active, 26r nonnd: bonef /bright) active, 35c pound. Italian X Cheat- nut. 9r pound. FRUITS AND NUTS-CItron, 20c pound? almonds, 18c pound; Brasil. 14c pound; Filberts, 18%c pound; English wnlnuts. 18c th. Pecans, 12%c lb. Figs, 6 02. pkg. 7%f.; 12-oz. pkg. 15<*. Lemon peel, 17%c lb. Orange peel, 17%c lb. Lemons, fancy Mea- sens, 83.7504.00; hnnanas, 8%c lb.; lime* Florida stock. 50c 100. Peanuts In sack* aver- aging 100 pounds each, owing to grade. %<88c pound; dried apples, 12$*12%e; dried peaches. ll%c. Figs, 81.25 box. Dates. 1- pouml nneknge, 7%**. L. L. raisins. $2.00 box. Mixed nuts, 25 and 50-pound boxes, 13 cents. Grades, Concord. G-pouud basket. 26c. Malaga, per keg. $5®6. Apples. New York. $4.GO(?i5.50. Cranberries. 811 barrel. 50e gallon. Florida oranges. $2.7508.00; “Pet Brand" oranges. $3,0iV»;;s.5O. VEGETABLES—1’otntoes. per bushel. 90e sweet potatoes. Onions. $L10 bush. Spanish. $1.50 crate; krant % barrel. $3.75; Danish. 1%. Celery. 85090e a liuneh; per ••rate,-G to 8 dozen. $5.25. Cauliflower, 100 12%e pound. Lettuce, $2.2502.50 per crate. Turnips, l%c pound. Florida beans, $2.50 "*"■ FLOUR AND GRAIN. FLOUR—Highest patent. $6.60; best pat ent, L5.7B; standard patent, 15.50; half pat ent, $5.25; spring wheat patent, $6.25. CORN—No. 2 white (old erop), 79o; choice white (old crop), S0c: mixed (new), 75c. Cracked corn, KVl-nonnd sack, $1.90. CHICKEN FEED—Flfty-ponnd sacks. $1; Pnrlnn chleek fee«L $1.95; Purina scratch feet, hut general confidence In financial mat ters appeurs too far re-egtnbllshed to suffer much or long by them, nnd tin* merits of cotton partb’ularly look Dh> strong not In command n somewhat emancipated price movement Futures here steadied around 11.10 for January, but .bulls ate holding hack, owing to news front Now York that Intentions ihero are toward further reaction on the ground that too much buying had been done In anticipation of q bullish gluners - report, nnd that the market is in shape to be raided. Otherwise feeling Is confidently lull I ish. * The spot market Is very steady. Yester day's business has cleaned tip offerings, which today arc quite small. Buyers arc hampered by lower LIvertHMl futures, bur holders nre linn nnd nsfettig full prices. From all we‘can learn reliably, December commitments for export are very large. This stands to reason, os owing to inability to tlnunce shipments much business 1ms been delayed. New Y«»rk, Dec. 5.—J. S. Bache A < o.: The cotton market weakened mirier the heavy realizing Siam after the opening on the hank failure, and January declined t«» jo.94, March to 11.03 and December to 11.4 xport. It Is not enough. She I will* want ns much more from somewhere I else. We lmvo stated In tho past that w« believed wheat would sell nt $1.25 n bushel, and se» no reason to ehauge our opinion. Chicago Evening Post: Provision stocks at Chicago December 1 did not differ much from what was expected. The lard stock Is about one-fourth as much as a month ago and less than half as much as at the same time last year. Stocks of ribs are about 40 per cent of last month, nnd total cut meats neurlv ll.onb.ooy pounds less than at the close of October nnd about 9,000,000 pounds more than those of n year ago. By a vote of 2>4 to 156 the members of the Chlcag Board of Trade derided to amend the rules nnd make No. 3 white onts deliverable nt a penalty of 5**. They also adopted tho rule defining a carload on sales for future de livery, This makes a carload of oats l.-sw bushels, wheat, corn, rye nnd barley l.Ow bushels, flaxseed 650 hushes, timothy, Hun garian millet nnd clover 36,000 pounds. l\ A. King A Co.. Toledo, telegraphed the following to The Evening Post: “Kansas final report makes wheat crop <4,009,000 bushels. August guess was 70,000,000 bush els. Last government report made It 66,0*10,- 000 bushels. Corn 145,000,000 bushel*, last government report lR2.0n0.00O bushels. Wheat sown shows condition of 96, year ago 93. Acreage reduced.** Bnftett-Fraalcr say: “Wo ran vouch for about forty loads of red winter and spying wheat worked yesterday, a fair portion of which was to exporter*.” . . William L. Gregion, well known In the trado hero and formerly In the packing business, will be associated hereafter with W. P. Anderson A Co. v Considerable December wheat Imngbt for millers throughout the country remains !»> be delivered. Out of yesterday's deliveries of 1.000.000 bushels 600,000 bushels went to Bnrtlett-Fmzior and a large proportion of this will be shipped out ns wanted by the mills which largely own It. One cargo. 85,. 000 bushels, of this wheat wns chartered yesterday for shipment. The wheat sent abroad on delivery yesterday went to the Armour Groin Company, Bartlett-Frazler, and Knlght-MoDougnl. Gifts deliveries were 575,000 bushels, nnd were mainly taken by Buekley and Wagner. There were deliveries of 750 barrels p but no corn, lard or ribs. E. M. Higgins promptly denied yesterday s rumors that he was putting out u line of short wheat. He asserted that he had not made a trade in wheat or anything else ou the Chicago Board of Trade since he left for Europe Inst February. The provision registrar’s report of stocks in Chica'go at close of November shows about what the trade bad expected. The lard stock H now alxmt one-fourth as much ii month ago and less than half us much nt the same time last year. Stocks of ribs are about 4'> per rent of last month and total cut meats nearly 11.000,000 nonnds less than nt the eloso of October ana about 1.000,000 pound* more than those of n year WHEAT OPENED DEE ON BAJ(_ FAILURE Foreign News Was Bullish anil Prices Later Steadied. ST. LOUIS CASH QUOTATIONS. Wheat—No. 2, red winter WEATHER REPORT. WEATHER CONDITIGNS. The area of high pressure that was cen tered over Kansas nnd Missouri yesterday nmrulug has moved southeast, causing the coldest weather of the season over the east ern half of tho cotton belt. This morning freezing temperature ‘extends ns far south jim Jacksonville, Fla., and Mobile, Ain. At Atlanta tho temperature fell to 23 degrees early this morning. An area of low pres sure has developed In the extreme north west. now central in northern Montana. Its advance is'causing higher temperaturn lu that section and south ns far as northern Texas. Precipitation has occurred in the last 24 hours lu northeast Georgia ami The advance of tho high area will cause ntlnued fair weather In this section to- night and Friday, with rising temperature ul Increasing cloudiness during Friday. TIPS FLASHED. From Wall Street. Special to Tho Georgian. New Y'ork. Dee. 5.—J. S'. Bache & Co. Americans In London strong and *4 to 1*. higher. New Y'ork Central and Northern Pacific both up 1%. Canadian Pacific Southern Railway %, Union Pacific amt Steel both off %, the only notable excep tions. Bank of England statement shows re serves Increased from 42.83 per cent last Tho violent upturn in tflil stocks was eompanled by rumors of Home favorable de velopments regarding Chicago, Burlington and Quincy and Northern Pacific. Mr. Hill Ik In Washington and Is reported to have an engagement with President Roosevelt. This will probably start a fresh huytug move ment In those stock*. The shorts In Pennsylvania wore treated to a surprise yesterday, and the gossip this morn I nit saya there are a few more prises In stock today. Reading show* over 14 per cent earnings on common, atul this will he added to mate rially, ns the road Is breaking records monthly In shipments. Look for active market and advance to higher levels today. The National Bank of Commerce of Kan sas City, one of the largest hanks In the west, will not open Its doors for business •gulnr quarterly commencing ami It. won't Guggenheim declared dlvld#*!*.! of 2*1 pci The stampede Is stop very quickly. Ixjoks like Ima punishment for Pennsyl vania short* before It Is over. Vanderbilt lines report very heavy In crease for October. There Is not one de crease lu the list. New Y’ork Financial Bureau: Bull spe cialty work seem* to continue on the pro gram In the stock market, and that policy 1* likely again today with specific recession* nnd a balancing, but by groups Instead of uniformity. One group, in other word*. I* pushed upward under the present mnnlpu Uttlve plnu; while uuothcr, which ha* been active anil strong, rests, nnd still another nwaits its turn, so that the best results will be gained by watching for commence ment of bullish specially group work In staudard Issues that have boon dormant, such a policy finding vigorous force In the Hill stocks yesterday, thoy having been strong but quiet for n considerable period of time. The true level of Northern Pacific nnd Great Northern preferred Is higher, an we have often said. Their trend Is still up ward. but a reaction will be seen soon. Unloii Pacific nnd Reading may be taken for turns ou recessions, but wo would not follow un. Paul, w — Rig shortages arc In Steel common and preferred. Bull tips still circulate on Brooklyn Rapid Transit, hut caution Is desirable. If Southern Pacific takes the 74 stock higher levels lire likely. A rise Is lipped In Pennsylvania. Town Topics: While the bullish manipu lation may be carried hoiiio further, with •harp advnnees from time to time in Uulon fie. Reading, hutelters and other lead- It becomes apparent that the solo pur pose Is the distribution of stocks. At the same time It Is not likely that the effort* of the hastily formed bull pools to mark up their specialties will be encouraged. From an Investment standpoint the purchase of securities now 1* not warranted. In some banking circles some Improvement Is noted, but In tho Wall street district the strlni Is tt Inn * detnan d for gold for Jaipur n London nml foreiu Max. Min. iBain. kness, fol- *Ut Hussion government confirms report) favorable conditions for wheat seeded iu Abilene south. Northwestern receipts were 268 cars nmHlIo * * ' 5- ' #4 in that Euro|H*itus do not boHc on oui* market will hold. We agree this view, especially as iu every line of business endeavor the coming year Is being anticipated as one of extremely lean prof its. W Ith reduced dividend* Iu store for tho majority of stocks traded In on the ex change, we feel every confidence In the pre diction that the general market during the next sixty or ninety days will reach a level lower than.any that have obtained thru far ‘ ' pm ^i>a regard tho 1%'- ttvc stock* ns good sales on every bulge, though until the present bullish manipula tion conies to nn end it might be advisable ‘ Ignore fair profits. IN EARLUTRAOING New York Opened Fairly Steady, at Small Declines. REACTION FOLLOWED. Due to Western Rank Fail ure—-Market Steadied Later. against 626 last year. Liverpool was weak on Argentine cheap offerings. Wheat was up %@lc. Corn gained U<?%e. Oats were \4i%c better, and provisions were 7%<0'l7%c higher. CHICAGO GRAIN MARKET. Chicago grain and provision quotation* for today are at follows, compared with yesterday'* close: rrevlon* Open. High. Low. Close. Close. WHEAT— Dec. .. 93% May .. 100% July .. 95*4 CORK- Dec. .. 54% May .. 56% July .. 55% OAT8- Dec. .. 49% 4! May .. 52% 51 July .. 47 3 4 4 UORK- Jan May ..13.12% 13,4' LARD- Jftn. .. 7.97% May .. 7.95 U IBS— Jun. .. 7.02% May .. 7.05 95% mU 96% 55*4 . 56% \ 56% v tf.65 S.i*5 92% 94% 99% 101% ?•!» CHICAGO CAR LOTS. some covering the short sellers of yesterday buying back by longs tie break h; ___ ■ | _ (low handsome profits on the recent I mice. The rumor that the Giles report would be bear ish helped the decline u little, but private estimates have been so 01 variance-lately tlint the rumor did nor excite Interest very long. Undoubtedly heavy realizing right at the opening came from the clique In charge of the bull manipulation. The Liverpool market did not show marked changes over night, but the spot sales were very large and seemed to rent *! not only foreign spin- Ding demand, but the buying of interests re for re-shipment to New York for rie- orv on contract. 'Phis was not surprising . ..ing to the difficulty of obtaining cotton in the South 111 reasonable figures. The market rallied Inter en manipulation of the hull crowd. Wc favor the long side of ro| ‘ "—Rr advances before HAYWARD, VICK & CLARK, COTTON, 8TOCK8, BONDS, COFFEE, GRAIN AND PROVISIONS Carondel,! and Graviar Cts., Naw Orlaana. , MEMBERS! OrlMB, Uatton Eirbasn. Naw ‘Orlmna Fnlnre Rrok-ra’ AaaoclatlcB, gaw Vork Cotton EgctaanT New Or lean, anti Chicago Boarda of Trad*, galrtitoa Cotton Bxpbtmge. New Torli Coffee F.aeUange. ■ooatou Cottoo Uxchnu?'. ' Aaaoclat* Membera Liverpool Cotton Aaa n New York «nd Chicago Correepontleola: d. 8, BACHE & CO., AND BARTLETT, FRAZIER 4 CARHINWON, oniVATE WIRES TO ALL POINT#. feed. $1.96; Purina feed, 175 pound aack*. ?, O Vrf»'— So. 2 white, 62c; No. 3 whits, 62c; Co. 2 mixe*Y, 60c; Golden oats, 68c; white Upped. 65e. ME Aid— Pin in. 96-pound sacks, 77c; 48- pnund sacks. 79c; plain, 24-pound tacks, 81c; -crin. $1.55. ~ n AY—Tlmothv. choice large bales, $1.25; *to . choice small bales $1.20: No. 2, $1.00; No 2. one-third bnlea. $1.06. Bermuda. 85c. SHORTS-Choice white, $1.80: fancy, $1.70; brown (7= *»“^» 6 ^|Vo > N8 n .’ ^ PROVISIONS-Premlum batua, I4%e; bel lies, 20-&23 pounds averBgc. 9%e: fat backs, 7Kc. Silver Tacaf lard, 10%o. Jewell com- pmtnd, 8c. California hams, Ex-ribs, $%c. GROCE.n;Z&. RICE—Jap, 6% cent*; head, «6?c; fancy lend. 7tr7%e. according to the grade. CHEESE—Fancy full crcam. 16%c; Georgia pane svrnp. 3^c gallon; gait, J(V) pounds, 50c; axle grease $1.75; soda crackers, 6%c pound; iPtnon, Sc: oyster. 7c; barrel esudy. per nonnd, 6%c; mixed, ner t pound* 6%c; toms- toes. 2 pounds. caw; 6 pounds. $?28; navy beans. $2.90; Limn beans. 7c; beat matches per gross. $1.66; macaroni. *%97e r „Mind: sordines, mnatard, $3.50 case. SUGAR—Standard granulated $5.15; New York refined. 474; plantation. 4*4<*. COFFEE-Boasted, Arbucklet. $18.06; hoik fo'hngs and barrels We; green. 11fH2e. Shredded biscuit. *5.66 e.tse: No. t. rolled osts. f 25 res**; sack grits, te-pound bags, tivs^ers, f-r?r welcht. *2.25 case: pepper, iC,; pound: linking powder. $5 c 8 *e; red salmon, £» e ti se: pink salmon, ft.no ease: rtv'on 45c; rhoeolste. 43%c; snuff, t-lh Jars. 4Se; roast beef. $2.86 ease; ntrsn (New Or- -orn. 3fle gallon: *-*--*■ infs. 6%e; rone. P ... tf.rAS4.06 case. •tEED ME*.?.-Prime V9 r ton per ton. $24.06; hulls per ton. The receipts of grain In car lots today and estimated rocelpt* for tomorrow nre as fol Iowa: Today. 1 Tomorrow. LIVERPOOL GRAIN MARKET. Wheat opened Id lower, nnd at 1:30 p. m. was Id lower. Closed l*i5D% lower. ' 1:K p. m wcr. Corn opened % lower, and nt was % lower. Closed %f|?s low THE LIVE STOCK MARKET. Chicago. Dee. 5.-HOGS-Receipt* 36.000. Mnrket slow nnd steady: IlgUt. $4.60®6.10; mixed. $4.6565.15; heavy. U.m'o.tSi rough. 14.67^4.75; pigs, $8.W@4.fid ; yorkem, $1.mt 5.06. CATTLE—Receipts Market slow and wenk; beeves, $3.20f(6.85; e.,ws and heifer*, $1.15^(4.60; Texas steers, tWi:i>s; calves, $5<y: 7; Stockers aud feeder*. $3.29445.25, 8IIKU1*—Receipts 12.6*). Market weak; natives. $L'ft4.70; Western*. $24?4.SO; yearl ings, $3^4.25; Western Limits, $3.75fi6.20; natives, 83.504i6.20. THE SUGAR MARKET. New York. Dee. 6.—Tht* refined und raw sugar markets steady unchanged. London beet market quiet with December am! Jan uary l%d lower at 9s 7%ri. NAVAL 8TORES. Special to The Georgian. Snvannah. Dec. 6.—’Turpentine firm, at 4S*f 45%; sales, ?75; receipts. 5si. Rosin firm: s.ilcs. 3.661; receipts. 3,365; wnterwhite. $6.?w; window glass, I6.&); N, $6.10; M, $4.35: K. $LSu; I, $3.75; if, $3; G. 82.90Q3; F, $2.70443: E, $2>^j3: I», fe.85tf2.90; C, II, A. $2.6502.99. COTTolvi SEED OIL MARKET. Foltowtng Is given the opening and closing quotations of the New Y’ork cotton seed oil ATLANTA. . . . Augusta Rlrmlngliuui. . Bismarck. . . . Boston. . . . . Buffalo. . . . Charleston. . . Clmrlot re. . .* . Chicago cindnuaU. . . Corpus Christ!. Davenport. . . Ii»rt Smith. . . toilvestoti. ^ . . Havre Huron Jacksonville. . . Jupiter Kutihas City. . Key West. . . Knoxville. . . . Los Angeles. . Macon Memphis Meridian. . . . Ml 1ms City. . . Mobile Montgomery. . . 4*1 | 14'' 1 .60 York. Norfolk. North Platte, (brniha. . . . iu lest Inc. . . Pittsburg. . Portland. Me, 1‘ortlami, on St. f.out«p . , St. Paul. . San Franclsoi Snvnntmh. . . . Tampa. . . . Taylor. . . . Vicksburg. . Washington. , Wilmington. 34 i 24 •M . IS 84 24 16 ! T.' MONEY AND EXCHANGE. New York, iJee. 5.—Money tin call 4 1-2^6; time loans, 60 days, 8 to 12; 90 clays, 8 to 12; six months, 6 per cent. Posted Hates—Sterling exchange. $4.81 1-24.8760, with actual business in hankers* hill* at $4.88154(4.8625 for demand and at $4.8025^4 4.8050 for 60- dny hills. Prime mercantile paper unchanged. London—Bar silver, 28 l-16d. New York—Bar silver, 57 3-4. Mexican dollars, 46c. By T. C. 3HOTWELL. New York, Dec. 5.—The failure of th* National Bank of Commerce of Kansas City caused a sharp reaetlen thl* morning In Wnll street. The failure had been expected for the Inst three-week*, nnd the only sur prise la regard to It was the long tune It has managed to keep open. In the last two week* its deposit* nave ln*en reduced from about $35,006,000 to $20,(Ws»,ono. It Is bellei - ■! that most of the deposits which have nuu•*<! the trouble have been withdrawn and that the closing of the Institution vf.l not menu any serious trouble. The hank * failure wilt Involve numerous country Institutions lu that 'region. London wit* firm lit the early trading to day. and the New York opening was fairly steady wt small decline*. Those stocks Which advanced most sharply showed the result of protU-tnklng today. Yfcbil stocks were Weak, chiefly because of the annotmee- nient by tlm General Electric Company that roil hi lay off several thousand workmen Saturday. Criticism by the Japanese ambassador of President Roosevelt wn< not relished by Wall street, and bear* attempted to sell the mnrket hern use of It. The bear* got little satisfaction, however. Cottou was slightly higher. Wheat was about %e a bushel lower. After mid-day the market wns remarkably strong, having established In prevlon* hours perhaps tin 7 * most striking advance of the past ten flays* Improvement. Attempts to ell short were inneli checked by Nupporting irders and aggressive bidding for storks. There Is doubt that the Morgan Interest Is behind the Improvement in the market and ‘« doing nil It can to encourage * Iwtter we I of prices. New York. Dee. 6.—'With tho exception of 'eiiusylvaula and Erie, which started nt je lower, stocks that changed III Initial transactions wen* generally higher, lirook- yn Rapid Transit was up %. Southern tht* ifle. Union I’aelfie. Amnlgamated nnd Met- cun Central «<. nnd Rock Island %. Steel preferred gained nnd lest %. Reading galu- eil and lost ' 4 . Smefftng. Ontario nnd Western and Hteel common were ntichnngtsl. Sugar wn* 1 iht cent «U»wu, refleetlug the death of II. O. Ilaveme.ver. At the end of ten minnte*' trailing the mnrket couthmed reactionary. (.'losing bid* follow: Railway Stocks. AtehinHon Canadian Pacific... ... .. Chicago and Northwestern. Colorado Southern Denver nnd Rio Grande... do preferred Erie IlllimiH Central LouhA’lllo and Nashville... Manhattan "L" Mexican Central... Missouri Pacific New Y'ork Central.. Pennsylvania .. 78 1-8 ..152 1-2 ..138 .. 211-2 .. 211-2 ..126 .. 951-8 ....115 .. 54 1-2 .. 98 3-4 ...114 8-8 ..95 ... 15 5-8 ... 317-S .. 105 1-4 .. 75 1-8 ... 141-4 ...1191-2 THE COFFEE MARKET. The following figures give range and dot market today: January , February .. . March April May June July August .. .. Closed steady. Sales 22,230 hags. THE METAL MARKET. New Y'ork. Dee. 5.—At the tnetal exchange today business continued nt n standstill, were somewhat easier. WEATHER FORECAST. Washington. Dee. 5.—Weather conditions nnd general forecast: The South Atlantic coast disturbance of 'ednesday morning has Increased greatly in Intensity during the last 24 hours ami Is tv tiff the New England coast. A strong •a of high pressure that Is central fid* rnlng iu Tcunnuicc nnd the east gulf sight freezing tcniperatun fhe aud Opening. ] Closing. February Mareh Mev . July Closed steady. i 37%'LIU ) 36 fg37% j 33'xtf« : 14-: #l4i% • t f 40%44W» i 4WNl% »g. N currwi except In California, Nevada. Washington and Oregon. Fair weather is probable In trie Washing ton forecast district tonight mid Friday. Low temperatures will continue In tho Houth tonight aud Friday, although It will moderate In the east gulf nnd middle At lantic state* Friday afternoon. Force* pt ii nt II 8 p. m. Friday Virginia—Fair and continued cold tonight; Friday not *n fair; not *o e*dd In the nfter- fuin; diminishing northwesterly winds. North f’orollna nml Mouth Carolina—Fair nd continued cold tonight; Friday fair and armor; light to fresh northwest to north Winds. Georgia—Fair and continued cold tonight. With freezing temperatures; Friday fair nnd ; light northerly winds. •rn Florida—Fair tonight with frost; Friday fair aud warmer; fresh northeast to >rrh winds. Alabama and Mlsslsalppl—Fair and not quite so cold tonight and Friday: frost to night in extreme southern portion; light variable winds. Kentucky-Fair and warmer tonight aud Friday. Tennessee—Fair tonight; warmer In west ern portion: Friday fair and warmer. Louisiana—Fair nnd warmer tonight; Fri day showers In southern, fair In northern (Motion; warmer; light to treab easterly winds on the const. Eastern Texas—Hhowers In southern; fair Li nor I horn portion; warmer tonight and Friday; light io fresh east to south wfuri* ATLANTA OIL MARKET. The following quotations arc based .. nml transactions: Prim#* the West** ontherr oast. fitfe; chocolate dron*. Tttlls, !2%c: Elk.- ar "dlls, prompt, 27%*/>. Dcc-mber 2vti^' a . sorted, ten boxes $5.50. January £*129%, February 29%&3u. »rn portion, j Oklahoma Fair and day fair. I Arkansas— Friday, fair lu north- *r tonight; Fri ll warmer tonight and Tin wn# uncbunged. NOVEMBER COTTON EXPORTS CL08E TO HIGH RECORD. New Orleans, Dee. 3.—The Times-Demo crat says: •'Yesterday's touch of high life gave the talent much food for reflection— gave shorts some bitter end* to chew upon und brought out this sober submission frdiu lender of prominence; ‘There Ik it power change, but while ouslsteucy iu this ‘ “ ntest vil 11 which spec to a sense left the trade all f Its responsibility ha at aea. "The new* that there la to he no strike among English spinners wn* accompanied by raports of trade activity at Mniicht**ter nnd a big spot demand from lomcashlre. Cis-Atlanflc developments Included an Im proving prospect of fresh business for the American mills account, clearing financial skies, nnd a most encouraging outlook In so far aa December exporta are concerned. November exports from all ports totaled J.240,957 bales, or only 71,000 bales below fhe 1906 November record of 1.312.144, and with the volume of exports for the opening day* of December, 281,715 bale# thus far this week, as against 181,698 for the corre sponding period in 1968.“—Hayward, Vick A Clark. Rending.. Rock Island do preferred «t. Paul Southern Pacific.. .. .. .. Southern Railway.' Union Pacific interboro-Metto do preferred Great Northern Miscellaneous. Amalgamated Copper American Car nnd Foundry.. American Locomotive.. ... . American Cotton Oil 28 American Hmeltlng and Refining 75 7-J do preferred 92 Brooklyn Rapid Transit 39 1-i Colorado Fuel und Iron 20 3-* International Paper 9 1- Natlonal Lead 42 3-- Pacific Mall 23 3- People's Gas .78 Pressed Steel Cur Pullman Palace Car.. .. Stoss Sheffield Hteel Sugar United Stales HteeJ.. * do preferred Western Union Mackuy ('ompunte* Virglnla-Curollna Chemical do preferred. 1-2 .. 49 1-4 .. SO .. 38 6-8 .147 1-4 . 38 1-2 .1071-4 . 271-2 . S91-2 CEORGIA RAILWAY f.SO ELECTRIC CO. Boston. Dec. S.—Following was tho hid and naked price of Georgia Railway nml Electric Company today: Bid 71; asked 75. No market for preferred. THE LONDON STOCK MARKET. Amalgamated Copper , Anaconda Atchison do. preferred Baltimore and Ohio "hesnpHike nnd OMo . hlcago ami Great Wt Cuimdlnn Pacific .... Denver Kfo Grande .... preferred Erie First preferred Second preferred . . . . Illlnqt* Central .... Kansas ntnl Texas . . . do. preferred ..... Dullsville and Nashville , Mexican Central .... Norfolk aud Western . , . Northern Pacific .... Sew York Central .... N. Y’.. Ontario k Western Pennsylvania j 1I4%| 112% Philadelphia k Rending f n ** { First preferred . . . Second preferred . . Rock Island .... flout hern Pacific .... At. Paul —. — flout hern Railway . . . . ! ....J 13%j . do, preferred Union Pacific. . United States fl preferred . : m SJ Wi .! 1021»! 10214 MB .1 ....I uCl .... J ...J X I .... ! uni! ms us»i »t«l . . 26*,j Kti i']>, Atlanta National Bank ATLANTA, GA. C. E. CURRIER, President. H. T. INMAN, Vice-President. GEO. R. DONOVAN, Csshier. lAMI-P 8. FLOYD, Assistant Cnjhler. Capital $600,000.00 Surplus and Undivided Profits $650,000.00 We Solicit Your Patronage.