Newspaper Page Text
flATCBDAY, DECEitnnn T.
13
f •
THE ATLANTA GEORGIAN AND NEWS.
SPOT SITUATION
Further Advances Were
Made in Prices On
Saturday.
futures are steady
At First Ignored Poor Liv
erpool and Advanced;
Declined Later.
New York, Dee. 7.—Entirely Ignoring the
fable* from Liverpool, on which the cotton
market hern should have started C to 8
lower, cotton opened active nnd Arm n
(Miint lower to 8 point* higher. The large
bull Interest* *galn were in control. AH
commialson bfiusea reported a good outilde
trade.
For the moment the cotton apeculator la
« back number lu the Liverpool market.
Trading in that center I* confined almost
. ntlrolr to the actual stuff. Paper cotton I*
ueelected, and na a result the failure of the
English market to follow the pace act by
the American markets doea not cut any fig
ure In the shaping of price*, eren for fu
ture* on this aide.
Future* In Liverpool Saturday morning
were due to show advances of from 5% to b
points. At the close the market Win easy
i., to 3% points tip.
In the fifteen minutes' trading In the
spot department 10,000 bale* changed hand*
at 5 point* advance, making middling 6.40,
a decidedly heavy bualneaa for the short
session, rotten apparently looks good to
the Euglish spinner at present price*.
The future* market In New York opneed
better than due on the Liverpool showing,
and after the first call, on liberal buying
by the bull clique, who are In complete con
trol, price* were sharply advanced during
the first hour, when profit-taking over the
Sunday Interval cause* a slight recession,
the close being easy with December and
.Innunry 1 point ami August 2 points. The
Intervening position* were I to 7 points bet
ter. the latter for May delivery.
spot cotton was advanced 10 points to
12. la. The farmers are masters of the sit
uation. The can demnud and receive n fair
price for the remainder of the present crop.
The National Dinners' Association esti
mate/ the crop, exclusive of llntera, etc., nt
lo.6fi2.000; commercial crop. Including (Intern,
repacks, etc.. 11,012.000: last year 10,026,886,
last .8,371,910.
NEWS AND GOSSIP.
Of the Fleecy Staple.
lotted Tuesday nt noon, our time.
Comparative port receipts:
1907.
fbitunlay '. 59.m
Total ‘tlnce Sept. 1 8.656,465
Estimated receipt* Monday:
Special to The Oeorgtnn.
(From Hayward. Vick & Clark.)
New York. Dec. 7.—J. 8. Hacho & Co.:
Liverpool was due 514 to 6 points higher,
opened steady at 3 points advance. Closed
easv % to 2% higher on near and 1 to 4
higher on late positions. Fair business do
lug In spot cotton at 6 points higher; mid
dling, 6.40; sales, 10,000; American, 97.50;
speculative and export, 1,000; Import*, 77,000,
Including 15,100 American.
The bulla still have the situation in their
control. They are helped by tho farmer,
who refuses to tell on tho one hand and the
■winner, who persists In buying on the
other. The foreign spinner Is the one we re
fer to. This crop la cf such high grade that
Europe demands an extra supply for fear
there will not be any moro high-grade cot
ton grown again. The big bulls actually
own the altuatlou. The public la absolutely
Indifferent, or through stringent anti-option
law not allowed to buy cotton and reap
somo benefit from tho bull market. We fa-
or the long aide on all dips.
Advance has been checked by heavy sell
ing of March and May hr Hutton.
Carr bought 5.000 May nt 10.45, think for
Lyons. Looks Ilka Price buying.
Following I* the statistical position of
cotton on Friday, December 6, a* made up
by The New York Financial Chronicle:
This Last Last
Week. Week. Year.
Visible supply ....4,052.513 2.637.546 4,664.386
American 3,206,513 3.040.546 3,754.386
In fight, week .... 471.968 407.624 574,885
Since Sept. 1 4,970.046 4,408.088 6,263,857
Port stocks 835,669
Port receipts 367,134
Exports 347,842
int. receipts 217,679
Int. shipments ,... 188,137
Int. stocks 496,434
837.922 1,233,286
333,317 431,459
288,569 303,8711
170,437
168.965
466.962
Kt,B4
:«07,130
641,857
Edited by
u A DI/FTC
Mr. Llvoly’a twenty-five
years' experience of ed
iting markets to Atlntt.i
Joseph B. Lively.
IVIAKKl 1 j
and the South haa made
him a rocofiulzed au
thority In hla specialty.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
NAMB OF STOCK.
Following Is the Liverpool cotton state
meat for the week ending Friday, Decem
ber 6;
—«r
Week's sales . .
Of which American.
For export .. . .
For speculation . ,
Forwarded
Total stocks . . . .
Of which American.
Aotnal exports . . .
Week's receipts . .
Of which American.
Since Sept. 1
Of which American.
Stocks afloat . . . .
Of which American.
1907.
85.000'
79.000
2.500
I 3,000
111,000
683.000
576,030
11.000
157.000
129.000
1,058,000 1
824.000 1,
399.000
! 331,000
mi
64.000
54.000
■ 2.500
3.000
BftfdQ
440.000
~ 6,000
116.000
113.000
46.000
37.000
1.000
Vil 3,800
115,OUO( 58,0001
807.000
098.000
8,000
116.000
91,000
,250,0001,229,000
,041,000 936,000
W,(fl0
348,000
HESTER’S WEEKLY
COTTON STATEMENT
New Orleans
Galveston ..
Houston .. ..
1907.
....30.000 to 12.000
.. 8,000 to 10,000
. .. 8,000 to 10.0U0
Secretary Hester's statement of the move
ment of cotton for the week ending V rlday,
December 6, shows a decrease In the move
ment Into sight compared with the seven
davs ending this date last year, in round
figures, of 109,000, a decrease under the same
days year before Inst *>t 52.000. and. n di*-
crease under the same time In 1904 of 44,000.
For the six days of December the totals
show a decrease under last year of of 119,000.
a decrease under the same period year ba
ton* last of 29.003. nrnl n decrease under the
same time In 1904 of 3i,030.
For the 97 day* of the senaon that have
elapsed the aggregate Is behind the 07 days
of last year 1.217.030, behind the same dnjn
year before last 853,000, nnd behind 1904 by
1,548.000.
The ai —_
past week Iihs been 492,...
601.259 for the seven days ending this date
• Mt'om'htsi year, 440,193 .year l»efore last, nnd
4,691,960,%&&& same time Hi 19M; nnd, nt the six
kuu > days of December It has been 401.652. against
1620.477 last year, 372.805 year before last
and 428.371 same time In 1904
21,115
18,219
14.306
SPOT COTTON MARKET.
New York, steady: middling 1___
Savannah, steady; middling 11 7-16.
Augusta, steady; middling 11 13-16.
Middle, steady; middling 11%.
charleston, firm; middling It
Baltimore.* stead?: middling 11%.
Wilmington, quiet; middling 11%.
Houston, steady: middling 11 15-16.
Norfolk, steady; middling 11 13-16.
TODAY'S PORT RECEIPT8,
The following table shews receipts at the
j*«»rts today; compared with the someday
Galveston.
Mobile. . ,
Savannah.
Gliarleston.
15.3*5
5.649
8,660
19,966
2I.51S
3.219
8.959
1,009
US*
4,775
3.696.506.
year be-
saine time In 1904.
Overland across the Mississippi. Ohio nnd
Potomac river* to Northern mills und Can
ada 194.332. ngalnst 346.962 same time In
1904; Interior stocks. In excess of those held
last, and 646.136 same time In 1904; Southern
mills takings 767,000, against 780,003 last
year, 766.413 year before last, nud 713,513
same time In 1904.
These make the total movement for the
97 days of the season from September 1 to
date 6.021,379, against 6,238,138 last year,
5.874.219 year before Inst, and 6,569,608 same
time In 1904.
Foreign export* for the week hare been
346.851. against 300,714 last year,. making
' H son 2,738.615,
decrease of
391.517.
Northern mills takings and Canada during
the past seven days show n decrease of 71,-
873 ns compared with the corresponding
period Inst year, and their total takings
since September 1 have decreased 227,773.
The total taklngH of American .mills, North,
Month nnd Canada, thus far for the season,
Imre been 1,349,2*9. against 1,588,343 Inst
yenr. These Include 569,437 by Northern
spinners, ngnltist 797,170.
Storks fit the seaboard ninl the 29 leading
Southern Interior centers have Increased
during the week 35.087 bales, against an In
crease during the corresponding period last
season of 116,804 and are now 536,015 smaller
than at this date In 1906.
Including stocks left over at ports and
interior towns from the last crop and tho
number of bales brought Into sight thus far
AmaL Copper . . . .
Am. Ice Securities . .
Am. Locomotive t
do. preferred . , x . ,
Am. cor Foundry. . ,
American Cotton OH .
Anaconda
Atchison ......
do. preferred ....
Atlantic C. Line. . . .
Brooklyn Rapid T. . .
Baltimore A Ohio . .
Chesapeake & Ohio. .
Canadian Pacific. . . .
Chicago Si Alton. . .
Consolidated Gag. . .
Central Leather, . . .
do. preferred. . . .
Colorado Fuel A Iron .
Corn Produce
Colorado Southern . .
Delaware A Hudson .
Denver A Rio Grande
Distillers' Becuritles.
Erie
do. preferred
General Electric . . .
Great Western ....
Great Northern ptd. .
Illinois Central . . . .
In ter boro
do. preferred . . . .
Kansas A Texas . . .
:::: \
NAME OF STOCK.
._ Ulsvllle A Nashville..
Missouri Pacific. . . .
Mexican Central. . . .
New York Central. . .
Northwestern. .....
National Lend
\ >rfci ! . .v Western, . . <
Non horn Pacific
Ontario A Western. . . ,
Pennsylvania
Pressed Steel Car. . ..
Heading • .
Hock Island
do..preferred
Republic Iron & Steel..
do.'preferred, . . ..
Southern Pacific. . . ■.
boufhern Railway. . .
do. preferred. • • ..
St. PauL
Teun. Coal A Iron. . .
Texas Pacific
Union pacific #.
U. S. Rubber. . . . . .
do. preferred
tJ. H. Steel. ..... .
do. preferred. . . .,
Western Union. . . . .
Wabash. ........
do. preferred.
.
•Ta*
iis%
'f
m
:i
MW
• I ljf
m
94%; 95
53% 53-
3*
ft
Till,! .lock till,, today. •fmTitkt nharen.
NEW YORK.
LIVERPOOL.
6.99
Following Is tho opening range, 2 p. m.
and close, compared to yesterday:
Futures opened steady.
Opening Prevloua
Range.
December . . . .6.01%
Dec.-Jan 6.01%
Jan.-Feb. 6.03
Feb.-March 6.03%
Mnrch-Aprll 6.03%
Aprll-May 6.04%
May-June 6.03
Juue-July 6.06
July. Aug 6.08
Aug.-Sept. 5.92
6.03
6.03
6.03
8.02% 8.01
6.01 5.97%
5.91 5.87%
5.98%
6.98%
I
9.01
Com
CtoMd enny.
NEW ORLEANS.
Following la the rango In cotton futures In
New York today:
Dec.. .
Jnn.. .
Feb.. .
•March.
&?!•:
June. .
July. .
Closed steady.
is i
11.60-68
11.46
1L45-46
11.47-48.
11.49
11.66-56
11.6*68
11.69-60!
liF*
11.41 >2
11.39
11.42-43
11.41
II.D-V.
11.61
11.66-56
NOTES ON GRAIN.
Pointers on Provisions.
the
INTERIOR RECEIPTS.
T lit- following tnbb
Interior towns todii,
*atiw dn.v la at yenr:
show* twdpts nt the
compared with the
1907.
. 1906.
ton V,
•'tittn.tn. ..... i .
M-iniihi. .
kt. lattiln
nm-liinntl
11,716
2,253
4.626
"’ft.TS
14,545
2,023
6,122
4,644
337
Total
26.871
HAYWARD, VICK & CLARK'S
DAILY COTTON LETTER.
New York. Dec. 7.--.T. M. limbo A Co.:
J Me cotton market this morning displayed a
further npwnrd tendency. Tho Liverpool
" Ia fk**t was Ignored ns n market factor, ca-
" 1, ‘* from abroad showing fair declines on
'■“alizlng sales. The coiiintisNiou business
"a* in fair volume nnd the bull clique bid
!'n«cs up easily. The bullish week-end
■‘mrimioH and the bullish K|x»t cotton tnlk
any realizing usual on Hntnrday. Opln-
•*n now farora a gin tiers' report n round 8%
■ s % million bales. Tim advance from the
'•petting amounted to 13 to 17 points ami
mIi jh held fairly firm nt the top level. It
'‘■'•mu that the farmer and planter in con-
!*,F l ’ lr «ng with the spinner to ndvnuce prices.
planter, by holding hi* reserves, nrnl
>iie spinner by demanding the high-grade
■ ••non front this crop, are the opposing Influ-
which are bringing about the advance,
favor the long side of the market in tin-
•"»>* run. A reaction may occur nt ntiy
moment. but we advise taking advantage of
nils to gpt long of the markef.
SPINNERS’ TAKINGS
AMERICAN COTTON
Secretary Hester's gives the takings of
spinnnr* of .the world as follows. In
r,, und numbers:
rhi* v.-ek 336.009 this year, against 258,000
295,000 year before Inst.
September 1 this year 3,194,000*
against 3,460,000 last year, and 3,579,000 the
yenr before.
^Hbern spinners and Canada
*‘k 569,o)o bales this year, against 797.000
j:** 1 f«r, sod 939,000 the year before: South-
.,i n , 780,000, against 791,000 last year,
hmL « *>*f«n*. nnd foreign spin-
1 53 fi^ 4 ?; 000 ' ®£aln*t 1,872,000 last year and
J-*3,000 the year before.
the oame
ATLANTA MARKETS.
FRUIT AND "PRODUCE,
EGGS—Active, 26%£27c.
LIVE POULTRY—Hena dull, 40 cental
chickens, fries. S2%0SOe. Ducks. Pekin, 35c
rach; puddle. 20c each. Turkeys active, He
per pound.
DRESSED POnLTRY-Tnrkeya. drawn.
17016c pound; fries - active, 17c per pound:
hens, 16c pound; ducks, drawn, fancy, 17c
•5011 nd,
PRODUCE—lArd. 12c poond: hnms active
le pound: ahmldera active. 10011" nonnd:
side* active, lie pound: hntter. 18«24c per
pound: beeswax active. 25c oouod; nonet
(bright) active, 15c pound. Italian X Cheat-
.. Figs, 6-oa. pkg. ?%e..
it4>a. pkg. 15c. Lemon peel, 17%c |h.
Grange peel. I7%e lb. Lemons, fancy Mea-
•ena. IS.75ff4.00: bananas, 8%c lb.: limes
Florida stock. 50c 100. Peanuts In sack* aver-
mring 100 pounds each, owing to grade.
6UflSc pound; dried npule*, I2012%o; dried
peaches, ll%c. Figs, $1.25 box. Date* 1-
pound package, 7%c. L L raisins. $2.00
box. Mixed nuts, 2o and 60-pound boxes,
13 cents. Grades, Concord. 5-pound basket.
?0c. Malaga, per keg. S54R Apples. New
York. $4.50*78.50. Cranberries. $11 barrel. 50c
gallon. Florida orange*. $2.75©8.00; “Pet
Brand*' oranges. $3.00<n3..»0. ....
VEGFTABLES—Potatoes, per bushel, 90c
sweet potntoes, 80©90c. Onions, $1.10 hush.
Spanish. I1.V) rrnte: kram % barrel. $3.75:
Danish. 1%. Celery, 90c n bunch; per
nr* to, « to 8 dozen. $5.2b. Cn uimower, 10©
12*4* pound. Lettuce, K.3UKM per crate.
Turnips, l%c pound. I lorldn bean*, $2.60
rrnt ' ! ' FCOUR AND GRAIN.
Pl.Ot’n-ni.hMt pntont, W.W: b«t put-
nt, b.75: »r»ntlart p»t»nt, IUt: h«lf p«t.
-n». RS: -tirtr. whet ptt.nt, »».
COBN—No. : white. TSe: eholee while. We:
mixed (new), T9e; erected corn, 100-pound
W rTarKRN PPrr> -rl((» |KM,nO Met., tl*.
I'nrlun ehleek feed. 81.66: Pnrln. «rntch
tec), 8105; Purlnn feed. 116-pound Met,.
fl OATK-No. 2 white. 93c: No. 3 white, 92c:
No. • mixed, CIc; tiuldeii oati, 98e; white
"meaV—Pinhi. M-ponml Meta. 79c; 4S-
pounit anctn. TV: plain, 74 pound aact*. Wc;
CI "haV—i'lmothr. choice inree hnl,«. 61.86:
do., choice imnlt twlea, 61.50: Nn. 2, 61J0;
No. 2. nne-thlrd halea. 61.05. Bermuda. 8Sc.
SHORTS—rhnlce white. 61.60: fancy, 6170;
brown (75 pounda). 61.9); bran, 61.60.
PROVISIONS.
PROVISIONS—Premium hama, 14Hc: liel-
HAYWARD, VICK & CLARK,
COTTON, STOCKS, BONDS, COFFEE, GRAIN AND PROVISION!
Carondelet and Gravler 8t»., Now Orleani.
MBMBKRSi
Orleana Cotton Excbanro. > New Orloana Future Brokera' Anoclatlcn,
N*w Torn Cotton Exchanse, 1 New Orleon. and Chicago Hoard, of Trade,
^•!t::tca Cotton Exchange; New York Coffee Ey hanc*.
“onaton Cotton Exchange, Aaiocltte Membcru I.lrerpool Cotton Aaa’r
New York and Chicago CorreapondenU:
J-«. BACHE i CO., AND BARTLETT, FRAZIER & CARIIINBCON,
ORIVATE WIRES TO ALL POINTS,
Special to The Georgian.
(From Hayward. Vick * Clark.)
Chicago. Dec. 7.—Bartlett, Fratler & Car
rington: There doea not aeom to be much
today on the wheat attuatlon at tho mo
ment. The demand from Interior mllla
aeema to be Increntlng, and we look for a
steady demand from this direction nil win-
>r.
Receipt! of conrso grains continue light
and the farmer, abow no algne of Belling In
any quantity. Tho Eastern consumptive
trade la good and likely to continue an. We
see no reuann for u material change In
prices for the present. . „
Chicago Record-Herald: Caah wheat trad
ing Is down to practically r
here. Ailluatmeut la under
lake to the all-rail hails, aa mott millers
who have bought December wheat expect*
Ing to ahlp It when delivered are now con
vinced that the elevator, trill not put It
out until navigation cloaca. The season for
the annual grind out nnd Inventory of mill-
era Is approaching, and there la no desire
to stock up unnecesaarlly with wheat. Any
disaster to the Argentine wheat crop might
change the cash wheat altnatlon here, hnt
with this exception no developments are ex
pected until after the tnrn of the year.
According to the final report of the year
for Kansas, na Untied by secretary of Ag
riculture F. D. Coburn, of thnt state, tho
Increase In area cultivated and the Increase
In population In Kansas has been 2D per
cent In the last ten years, while the value
of the products of the soil baa Increaed
nearly So per cent, t.tvo stock of all kinds,
except sheep, ore now worth 109 per cent
more than ten years ago. anil the tncraaae
lu the value of their products la practi
cally I he same. . ,
Ohio crop report, as wired hy C. A. King
A Co.. Toledo, makea the Ohio December
whtnt condition SO, November 82. last De-
eetmier 98, August 60; 43 per rent of crop
anld soon aa thrnahed. Corn yield per aero
34 htialtela, government estimate 34 bushels.
Corn crop UrJ.000,000 bushels, against 137,600,
ooo bushels last senaon. Onallly below av
erage, and much aoft and unsalable. Ouly
two counties report full average condition
of wheat. .
C. W. Buckley la a peaalmlat on the future
of the speculative oat trader. "There l>
not a man In tho pit thnt hna the faintest
Idea of what ho wants to do, to nay noth
ing of what he la actually doing." raid he
yesterday. "The now rule innklng No. 3
white deliverable on contracts at Be penalty
hna mixed cvoryltody up, and there Is much
trading at random."
The wheat crop of Victoria, Australia,
la officially placed at 12.800.000 bushels (an
early estimate tnnde the crop 9.000.000 hnah-
elai. Last year the crop was 22.000.000 built-
ela, and In 1905 It waa 23,400.000 bushels.
Denmark corn Importer writes E. W. Kalh
that Denmark crops are a record In oata
and Imrley In particular and It doea not
pay fnrmcra to sell their own grain nnd
Imv corn at nrlrea current this year.
There la n better demand for old corn at
tho aentmard from Doth local conaumora and
exporters. Stocks are being rapidly de-
P Omaha wired that the banka there are
now paying cash In fnll and retiring clear
ing house rertidcales as fast aa they can
get them In.
MOVEMENT OP COTTON
•DURING PAST WEEK
FoIlowlDK la tho statement of the move
ment of cotton Into tight for the week and
since September 1. n* compiled by Super
intendent King, of the New York cotton
exchange: - .
Weakly Movement.
This
Year.
Port receipt*... v • • .372,652
Overland to mills and Can-
itrln 23,964
•Southern mill takings 69,OW
Gain of stock at Interior
town* 29,096
WHEAT STARTED DULL
ABOUTJJNCHANGED
Fluctuations Were Narrow,
Though Slightly Upward
During Early Session.
ST. LOUIS CA8H QUOTATIONS.
Wheat—No. 2 red winter 99®»9%
Cbrn—Nd. 2 M
Onts—No. 2 49
Chicago, Dec. 27.—The wheat market start*
ed dull with prices about unchanged and n
range of only %e. Liverpool was up %d,
hut both Parfa and Berlin were lower. LIv*
erpool reported poor demand for La Plata
8,800,000 bushel*.
WEATHER REPORT.
WEATHER CONDITION*,
Cloudy weather prevails over moat of
the country today, and rain has fallen In
Texas, on the Pacific const nnd In the
Hooky Mountain districts, ltnln was falling
this morning nt Los Angeles, Portland, Ore.,
Spokane, Omaha, Kansas City and Daven
port. Snow wan reported at Sfodcnn, Utah.
Tho area of high pressure over the south*
onnt has decreased slightly in energy, but
lias moved but little In the last twenty-four
hour*. The low area from the Pacific Is
drifting slowly east over Oregon, Wsshlng-
t«m and Montana nnd Is causing general
rains along its truck. There has been a
general rise In temperature over the east
ern half of the map, most pronounced In
the eastern half of the cotton belt, where
It Is from 6 to 12 degreea warmer than at
Minimum tiSd Maximum Temperature*
and Rainfall.
TIPS FLASHED.
From Wall Street.
Special tC TL# Georgian.
(From Hayward, Vick X Clark.)
New York, Dec. 7.—J. S. Hacho & Co.:
American* In London weak % to % below
parity. Pennsylvania. New York Central
and Illinois Central are the exceptions and
are fractionally higher.
Announcement made by Secretary Cortel-
you that he bad decided to Issue only $25,-
(100,000 Panama bond* Instead of $50,tt)0,000,
and allotments of 8 per cent one-year gov
ernment certificates of Indebtedness would
not exceed $16,000,000 instead of $100,000,000.
Them* announcements are construed as fa
vorable und should go h long wav toward
restoring confidence in the financial situs*
tlon. Tue continued advance offered good
opportunity to realize. There Is more hope
of s favorable bank statement today.
Early trading will probably show ’further
recessions, but look fok a recovery beforo
Bearish efforts concentrated on Smelters,
Rending and Uufou Pacific. The selling
generally was attributed to uptown clique,
aa It had been advertised they would attack
tho market today.
Boston and Maine declared the regular
quarterly divldeud of 1% per cent on com
mon stock.
The market so far hna taken tho soiling of
stocks remarkably well.
B. L. Hiuythe sold 26.00ft Reading.
New York Financial Bureau: Develop
ments this morning point to Irregularity In
the stock market today. A general reaction
Is about due. It may be postponed until
the early part of next week. The technical
position shows heavy realizing on bulging.
It depends whether or not the shortage Is
still large enough to take this as to con-
tinned bullish work. The banking Inter
ests are averse to any bull movement, but
not to a recovery. It Is not likely that a
general reaction would be excessive, for
liquidation is certainly under control now,
lint n recession of 4 or 5 points in the ac
tives would Improve the list.
Amalgamated appears to be held between
52 and 4S. Hiueltlng 79 nnd 74, Atchison 74
and 71, Kt. Paul 1 106 and 107, Great Northern
preferred 120 and 122, New York Central 95
nnd 100, Northern Pacific 118 nud 120, Rend
ing 92 and 97, Union Pacific 120 and 11*. On
bulging toward the upper levels profession
als are selling with small stops. Htock Is
also reported on bulges In Brooklyn Rapid
Transit toward 4ft. Pennsylvania 116, Lend
44 and Missouri Pacific 56. The room sells
them.
Southern Pacific nnd the Steels seem to be
the only Issuea now showing n maintained
upward tendency, and they aro likely to re
act In cose of further bullish work. These
levels are Jndlcnted by careful Inquiries In
specialties and other sources. If exceeded
a point professionals of the heat grade will
expect extension of hovemeut temporarily.
MINING STOCKS-
Boston, Dec. 7.—Opening: Trinity. 16;
North Butte. 40%: Green Cananen. 8; Calnm-
net-Hecla. 600: Tamarac, 6; Smelting, 37%:
Iale Royale, 17%.
J. J. BARNES-FAIN CO.’S
FRUIT AND PRODUCE LETTER.
Atlanta. Gn., Dec. 7.—The fruit nnd pro
duce Imsinesl has been more satisfactory
the present week than any time since Octo-
l>er.
SALES OF
Work of the Bears Was Im
portant—Bank State
ment Favorable.
ISSUED AFTER CLOSE
Bull Party Discouraged Over
Speculation and Turned
Loose Stocks.
CHICAGO GRAIN MARKET.
Previous
Open. High. Low. Close. Cloae.
WHEAT-
Dec.
Mar
July ..
f’ORN-
57r ::
July
11
Abilene. # ,
Amarillo. , .
Asheville. , .
ATLANTA. . .
Augusta. . , .
Birmingham. .
Bismarck. . ,
Boston
Buffalo. . , . ,
Chariest on. . ,
Ubarlotte. , , ,
Chicago. . . , ,
, Cincinnati. . .
j Corpus Christ!.
65 ' Davenport. . .
"**' Dodge
El Paso. . , .
Fort Kmlth. « .
Galveston. , . ,
Havre
Huron
Jacksonville . ,
Last
Year.
426,870
25,347
Brought Into sight for week.484,572 573,104
Total Crop Movement.
. This Last
Year. Year.
Port receipt* 3,681.574 4,728,852
Overland to mills and Can-
ada ...: 187,431 334,813
•Southern mill takings. 560,000 747,000
Stock at Interior towns In
excess of Hept. 1 35a,M3
ItlBR-
J*n. .. 6.77%
May .. 6.90
LIVERPOOL GRAIN MARKET.
CHICAGO CAR L0T8.
The receipta of grain In car lota today and
estimated receipts for Monday are «• fol
lows:
Wheat. . . .
Corn. . . .
Oats. . . .
Hogs, head.
THE LIVE 8T0CK MARKET.
Chicago. Dee. 7.-I!OG8-Rece|ptt 30,000.
Market 15c lower: light, 44.60&5J5; light
mixed, $5.6005.65; heavy. $4.25«T.50: rough.
$4.6004.56; pTga, $3.9004.65; yorkere, $4,800
cMDira; umei, *a.«ovo.v, «»»»« urn*
era, $1.1604.70; Texas steers, $30S.9O; calves,
$507; Western, $30o; atocker* and feeders,
HliEEP—Receipt* p,000. Market steady;
natives, $206; Western. I204.W; yearlings,
$366.35; lambs, $4^9.25; Western lambs,
M- U D|
Meridh
Mile* City. ,
Mobile. . . .
Montgomery. ,
Nashville. , .
New Orleans. .
New Y'ork. . ,
Norfolk. . , .
North Platte. .
Omaha. . , .
Palestine. . .
Pittsburg. . .
Portland, Me.
Portland. Or*.
Rapid city. .
St. l<oul*. . .
St.'Paul. ...
San Francisco.
Snrnnnah. . .
fitookane. . , ,
Tampa. . . ,
Taylor
TbomasrlUe. ,
Vicksburg. , .
Washington, .
Wilmington
■ T. indiraire trare of rain or snow.
J. B. MARBURY, Section Director.
very plentiful nud prices have remained
stationary ou most vnrletles, tho ruling price
being $4.75 nnd $5.00 per barrel. King and
... . lentlful and quality fine.
Malaga grapes, raisins, currants, figs,
dates nud cocoanuts are selllug well nt
prices quoted.
Orange* are- very much better quality
until they were ten days ngo, ordinary va
rieties selling from, $2.50 to $3.00. according
to also. Fancy pet brand bringing $3.00 to
There haa been no change In the price
of vegetable! this week, with the. excep
tion of Irish potatoes, that are selling nt
85c to 90c.
nue unite ns quoted.
The demand for dressed poultry haa been
good this week, but live stock hna been
injitg. , . . ,
We would advise light shipments of lire
poultry until the latter part of the coming
week.
.(K)
.00
MONEY AND EXCHANGE.
New York, Dec. 7.—Money on call, none;
time loans, none.
Posted rates: Sterling exchange, $4.81o0<&
4.8750, with actual business In bankers'
bills at $4.SC«04.86O6 for demnud and HSOTK®
4.81 for 60-day bills.
Prime mercantile paper unchanged.
London bar sliver, 26%d; NVw York bar
silver, 66%.
Mexican dollars, 45.
THE COFFEE MARKET.
5.7505.80
March
April
May
June
July
August .. .. .
September
November
November
December ,
Closed steady. Sales 13,750 bags,
Body 8ent to Connecticut.
Special to The Georgian.
Columbus, Ga., Dec. 7.—Mrs. Sarah
E. Ives, who died at the homo of her
niece, Mrs. J. H. Henderson. Thurs
day night, was tho aunt of Mrs.
Henry HUlyer, of Atlanta. She was
75 years of age and had resided here
several years, although her home was
In Connecticut. Her body was sent
to that state, where she will be buried.
By T. C. SHOTWELL.
New York, Dec. 7.—Fearful that the run
away stock market which ha* been In prog
ress for a few days would excite liquidation
by Investors and stock Investment purclnu- *
the bull party turned today and let looso
considerable stuck.
The Standard Oil party was alleged to
have sold 50,000 shares In the early part of
the day. The result was a decline of morn
than a point throughout the list. The stock
wag well taken, however, ns the shorts «> t
even small favors. Home of the most daring
shorts continued to hammer the market, but
their work was unimportant. Wall street
still hugs the delusion of a Japanese war,
nud this Is kept alive by bears ns their only
hope. The banks are expected to make u
statement today showing a very largo re
duction of the deficit, but It was not made
public until Just nt the close nud therefore
had no direct effect on the market.
There ha* been an absehee of Investmei.t
buying tho last few days, but brokers report
for hundreds of thousands of shares In their
hands to be executed on any substantial re
action.
t'urb stocks were Irregular, as the new <
from Nevada mlulng ramps was not of a
definite nature.
Final trading prices rtf the majority <«f
the stocks traded In reached the lowest
range of the day. Net losses ranged from
1 to 2 per cent.
Governments unchanged.
Other bonds steady.
Closing bids follow:
Railway Stocks.
Atchison 73 ! i
Baltimore nnd Ohio
Canadian Pacific 151%
Chicago and Northweatern 13ft
Colorado Southern 21
Denver and Rio Grande \
Erie K.*4
Illinois Central 1U5 7 *
Louisville nnd Nashville :*5
Mexican Central lf-U
Missouri Pacific .vr 4
New York Central
Pennsylvania 113**
Reading...
Rock lala
do. pref
Bt. Paul
Southern Pacific
Southern Railway
Union Pacific
do. preferred
Wnbnsh
Wisconsin Central
Interhorough-Metropolltan
do. preferred.... ... ...
Great Northern
Miscellaneous.
Amalgamated Copper
American Car and Foundry
American locomotive
American Cotton Oil
American Smelting and Refining.,
do. preferred..,
Brooklyn Rapid Transit
Colorado Fuel and Iron.. .. .. ,
International Paper .... .
National Lead....
Pacific Mali
Hloss-Sheffleld Steel
Bugnr
United States Steel
do. preferred
LONDON STOCK MARKET.
Amalgamated Copper .. .. .
Anaconda ... ... ...
Atchison ... ...
* do. preferred
Baltimore A- Obli
Chcsnpeake & Ohio
Chicago & Great Western
i'a nnd Ian Pacific ... ... ...
Denver Rio Grande .. .. .
do. preferred .. .. *. ..
Erin
Flnt preferred
Second preferred ... ... ...
Illinois central ...
Kansas & Texas
do. preferred ... ... *...
Louisville A Nashville ....
Mexican Central
Norfolk A Western ... *
Northern Pacific
New York Central
N. Y„ Ontario A Western
Pennsylvania
Philadelphia A Reading ..
First preferred
Second preferred
Rock Island ...
Southern Pacific .,
St. Paul
Union Pacific ...
United States Steel ,
do. preferred
Wnha»b. preferred ... ,
32%
73T#
§
127% 127b
II
105% .
14**1 14%
WORLD’S VISIBLE
SUPPLY STATEMENT
473,308
COTTON SEED OIL MARKET.
Following I. Klx.n th. op*nlns nn«l florin*
quotation! of til. New York cotton •«<! oU
mnrkot:
December
January
February
March -
May. .......
'closed dull, bales, 200 barrels.
Ireland maintains nearly 400 egg-dfatrib-
nt tug stations for the pnrpoae of bettering
thrt poultry of the country.
lies, 20025 pounds average. 9%c: fat backs,
7%c. Silver Leaf lard, W%e. Jewell com*
nonnd, «:*. California barns, 9c. Cx-rlbc,
December 6, made up from special cable
and telegraphic ndvleea, compares the fig
ures of this week with last week, last year
and the year before.
It shows an Increase for the week Just
closed of 207,185, agalngt nn Increase of 307,-
532 last year aud an increase of 194,780 year
before last. , .
The total visible Is 4,023.155. ngalnst 3,816,•
770 last week, 4,603,L» last year, nad 4.871,-
667 year before last. Of this the totnl of
American cotton Is *171.279. ngalnst $.014,-
894 last week. 3,©$,128 last year and $.937,567
year before last, and of all other kinds. In
cluding Egypt. Brasil, India, etc., $51,876,
against 934,0w> year Indore last.
The total world’s visible supply of cotton
aa above shows an Increase compared with
last week of 207,385, a decrease compared
with last year of 579.973. and a decrease
compared with year before last of 848,412.
Or the world r * visible supply of cotton,
aa above, there Is now afloat nad held In
Great Britain and continental Europe 2,238.-
009. against 2.199,000 last year and 2,268,00)
year before last; In Egypt 1&6.000, against
195.000 last year and 157,000 year before lent:
In India lldjKK). Ngalnst <70,000 last yenr ami
481.000 year Indore last, and In the United
States 1.285,000, against 1.839.UOO last year
and 1,965,000 year before last.
Poatoffice Receipts Increate.
B|»ectat to The Georgian.
IIuntevlllA, Ala., Dec. 7.—The receipts
of the Huntsville poatoffice during the
month of November exceeded the re
ceipt* of the corresponding* month last
> <*r by $111.
WEATHER F0RECA8T.
Washington, Dec. 7.—Weather conditiona
nnd general forecast:
The weather has been fair In all dfstglcta
east of the Ko<*ky Mountains except In
Texas, where light rain has fallen. On “
Pacific coast rain baa fallen generally l
San Diego northward and the weather hus
been more or less stormy during the last
fern- darn.
The depression that now covers practical
ly the whole of the Northwest will advance
dowly eastward during the next thirty-six
little change from present conditions la In
dicated.
Forecast nntil 8 p. tn. Sunday:
Virginia—Fair tonight and Sunday; all
southerly.
North Carollua nnd South Carolina—Partly
cloudy tonight and Sunday; light variable
winds, rooetlr westerly.
Georgia—Cloudy end wanner; possibly
light ralu late tonight or on Sunday; light
variable winds.
Eastern Florida—Partly cloudy tonight and
Sunday; wanner tonight lu extreme north*
ern portion; light northeast to northwlnds.
Western Florida, Alabama and Mississippi
—Rain late tonight or on Sunday; warmer;
fresh east to southeaat winds.
NAVAL STORES.
Special to
urpentine firm at 45;
sales. 282: receipts. 539.
Turpentine firm: sales, 2,816; receipts, 2,-
259; waterwblte. $6.!>6; window glass, $6.(0;
X. W.19: M. «S.3&: K. M.M>; I, ttft; I?, I;.s8
•i. y, ttiM8:.a6: k. d. fc’.snjiK: C, b, a.
Atlanta National Bank
ATLANTA, GA.
C. E. CURRIER, Presldnnt. H. T. INMAN, VIce-PrenldenL
GEO. R. DONOVAN, Canhler.
JAMES 8. FLOYD, Anristant Canhler.
Capital $500,000.00
Surplus and Undivided Profits $650,000.00
We Solicit Your Patronage.
UNION SAVINGS BANK
Assets $250,000.00
Commercial (checking) and Savings Deposits Solicited.
Strong, Conservative and Experienced Management.
4 Under State Supervision. A
PER CENT /I
On Savings Accounts ■
Late nours Saturdays for Savings Depositors.
),W),«W0 annually.
Edward Moyse. Hugh F. McElroy. Louis Lichtenhain.
EDWARD MOYSE & CO., Cotton Brokers,
82 BEAVER ST., NEW YORK.
MEMBERS—Nnw York Cotton Exchange, New Orlennn Cotton Exch.ng.,
Liverpool Cotton Association.
ORDERS SOLICITED FOR THE PURCHASE AND SALE OF COT
TON FOR FUTURE DELIVERY. MARKET LETTER MAILED UPON
REQUEST. CORRESPONDENCE INVITED.