Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, December 09, 1907, Image 10

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— * 10 THE ATLANTA C^ORGIAN AND NEWS. INDAY. DECEMBER J. NEWS AND GOSSIP. Of the Fleecy Staple. Did Not Differ Greatly From What Was Generally Expected. WAS WITHOUT EFFECT Declined On Dullness; Trade Waiting Government Es timate Wednesday. Ktw York, Dee. 9.—Although the census bureau report on the quantity of cotton ginned from the growth thla aeaaon to De camber 2 was about ai bad been expected, a renewal of Wall atreet find other bull anpport caused the local cotton market to open better than due on the cables thla morning, flrat prices being 5 to 9 points higher. Realising soon developed on n big scale, however, and the itit declined about t points from the top. The report by the government on the amount of cotton ginned to December 1 was Issued Monday at 9 o’clock. The amount ginned of the crop of 1907-08 up to that date Is placed at 8,338.864 tales,' against 10,024,445 last year und 8,689,663 In l.OlJM 1,067,424 670,I* 43.738 i,r.v.K:! 628 616.318 841,756 10.394 173,560 476,997 •93.115 203.384 2,077,026 13,675 8,689,663 Missouri . . . North Carolina Oklahoma • - . Booth Carolina Tennessee . . . ’.'em . . . . . Virginia . . . "TOiiT Special to The C?oralan. (From Hayward. Vick A Clark.) A New York, Dec. 9.—J. 8. Dacbe It Co. 4 to 4% points highei Igher on late positions, iner on near and 1% ..._ late positions. At 12:15 p. in. was steady net 2% to 3% higher ou near and 15.000, American 14,300; specniatU,, port 1,800, Imports 18,000, American 14,500. The sinners' report fa due at opening to day. Market has been put up to form a basis to realise upon the publication of the government reports. A dispatch to n morn log paper from New England states that the mins In all the large cotton centers of New England are running practically on full time. We look for au active market this week, but do not favor going lung over the bureau. ^ . Look for some decline today, although the census bureau la bullish. Market looks h< Carpenter, Hubbard, Heats. Bhearson and Nordeo and local crowd all have cotton for sale. Carpenter best seller of cotton. Looks like Price. ' Following are 21 a.- m. bids: December 11.70, January 1L20. March 11.33. May'll JO. New Orleans* Dec. 9.—Hayward, Vick & Chirk: Market opened 3 to 6 up, but un decided. Cenaua report not extreme enough to create any chnnge. Many people wotting for erection on bureau estimate tomorrow to buy on. Look for stendy market. Cot ~ *11 go much higher. link the bureau will consults the are buying the crop estlinm pected and nor thla argument. On a little dip today would buy, na many people are waiting to buy tomorrow on any reaction that we do not look for much chance to get In tomorrow cheaper than today. It la a amall crop and cotton will go higher. Futures easing off some on temporary dullness, but the market Is all right aud otton Is all right for higher prices. Hpot market firm, hut owln, nd Bunday no samples out aud- fferlng. Wonld buy on thla dip. Thei be much depression tomorrow, * * '"it market rv. f —-- i 319 advance In time. Jtistsk crop Gins report*!f 261873 28,151 ' 33,603 Oklahoma Includes 237,136 bales Indian Territory glnulnga lu 1906-’07 and 246,499 In lF5-'06. On Its publication an advance was scored, but the advance was later lost on liquida tion, aa la usual on news of n decidedly ably by the bulls, only feeble support Ing from that quarter. The Liverpool market dosed lower than due on futures, though spot sales continue on a heavy scale, spinners taking 15,000 bales at 2 points advance; middling 6.42. The market In the afternoon was a shade easier on hammering by profes sionals and absence of demand. The close was at about the lowest of the day. net 6013 points down. 1907. 1906. Saturday ,J,, Monday 5l5ST 47,067 HI45T 64.997 Total for two days..... Total since Hept. 1 ldtori 3.803.632 7S Estimated recelpta Tuesday: 1907. New Orlean 17,000 to 20,000 Galveston 24,000 to 26.000 Houston 27,000 to 28,000 Movement at Atlanta: Receipts Monday . . . Bame day last year Increase Shipments Monday Snnn* day last year . 1,750 8,978 .17.218 8,210 SPOT COTTON MARKET Liverpool, steady: middling 6.42, Atlanta, steady; middling 11 11-16. New Orleans, steady: middling 11%. New York, quiet; middling 12.15;. Savannah, steady; iof * ~~ 7M M"!’ steady; middling 11%. a* charleston. Arm: middling 11 5-16. Baltimore, steady; middling ; wllmfngton. quiet; middling ** * m. quiet; middling 12.15. phla. steady: middling 11%. rnusdelphla, quiet: middling 12.40. Houston, steady; middling 11 15-16. Norfolk, steady; middling 11 13-16. Galveston. Ann; middling 11%. St. Louts, quiet; middling 11 11-16, TO DAY'S PORT RECEIPTS. The following table shows recelpta at the porta today, compared with the same day last year: New Orleans. - Galveston. . . Mobile Savannah. , . Charleston. . . Wilmington. . Norfolk. - . . New York. . . Boston Philadelphia. . Various. . . . Pensacola. . . Pacific coast. . m: 1907. 13.759 9.496 3.512 1M0 7,774 5.939 "*i6 60 47,067 21,115 18.219 2.448 f 8,066 1,063 1,178 6,4*8 INTERIOR RECEIPT8. The following table ahftws receipts at the Interior towna today compared with the name day last year: Houston. , Augusta. ’. Memphis. 8.547 2.893 10.650 1,992 14,106 2.626 12.006 7,210 DAILY COTTOH New Orleans, Dec. 9.—The census report, published at 9 o'clock, says 8,338,884 bales have been ginned to December 1, which compares with 10,027,*68 last year aud 8,689.- 663 In 1906. Deduction* therefrom tfs to deAnlte crop site may bit well outside of the mark, but so imn-b can be safely said that If we make even n liberal allowance for the different causes for small gtunlng flguree. todey'a report couArms a amall crop compared with last year's yield and consumption. As today*# report did not dif fer greatly from general expectations. It had little effect on trading. Ofienlng about 4 higher, trading remained on lot around opening figures. Many ore holding out of the market until after publication of the bureau estimate tomorrow at 12 noon, and the majority want to boy on any set-back caused ny thla publication. For this reason a reaction, If any, will hardly amount to much. General expectations about tomor row’s estimate Is around 11.500,000 bales. Liverpool continues to do a large spot Imalnes*—total sales today 15,000 at 2 points higher quotations. Futures are hanging bark, awaiting the bureau. Financial news Is encouraging In every way. The tone of the press Is more conrt- ATLANTA MARKETS. FRUIT ArtD PRODUCE.' EGGS-Actlve, 26%027e. LIVE POULTRY—!lens dull. 40 cents; chickens, fries. 22%03Oc. Dncks. Pekin, 15c each: puddle, 30c each. Turkeys active, 15c ^DlffiStlBR POULTRT—Turkeys, drawn. 17018c pound; fries active, 17c per fiounri; hens, 16c pound; ducks, drawn, fancy, 17c pound. PRODUCE— Lard. 12c p*vind: bams active 16c pound: shoulders actlfe. 10011* pound: sides active, 11c pound; but'— pound: beeswax active. 26« (bright) active, 15c pound. Italian X Chest "'i'hmVs'AND NDTB-CKron, Me jonniV nlmnnil,. He pound; Brn.il. lie pound; Filberts, ISHe pound: Rngll.h nrnlnnts. He lb. recurs, HVte lb. Fl*s, *o». pks. 7He.; ll-os. pkf.. 15c., t-ereon peel, 1714e —'1 It'. v lemon,, r.nnry ! hsnsnns. 3'kc lb.; lime. .Drnnue wrt. ITHe lemons, fancy Mes i.«m.nna. 3%c lb.; lltneg »100. Peanuts In sacks aver- rlna 100 pounds each, owing to grade. 6%0ftc pound; dried apple*. 1201214c; dried peaches,*ll%c. Figs, 31.25 box. Dates. 1- pound package, 7%e. I,. L. raisins. $2.M box. Mixed nuts, 25 and 60-pound boxes. 13 cents. Grades, Concord. 5-pound basket. ‘7c. Malaga, per keg. 1506. Apples. New ork, $4.5005.50. Cranberries. Ill barrel. 50c gallon. Florida oranges. 12.7503.00; "Pet Brand" "ranges. $3.0003.60. VEGETABLES—Potatoes. per bnshel, 90c veet potatoes. 8u09Oe. Onions. 11.10 bush. ..pnnlsb, 11.W erste; krant % barrel. 11.75: Danish. 1%. Celery. 85090c n bunch; nor crate, 6 to 8 doxen,. $5.25. Cauliflower. 100 12Hc pound. Lettuce, 32.2502.60 per crate. Turnips, l%c pound. Florida benna, 12.50 er °"' FLOUR AND GRAIN. FLOUR—nighest pntent. 16,60; best pat ent, 18.75; standard patent. -IR.SO: half pat ent. 15.25: spring wheat patent. 16.28. CORN—No. 2 white, 78c; choice White, 80c: mixed (new). 78c; cracked corn, 100-pound " n OP^CKKN FEED— Fifty-pound sacks. Purina rhleck feed, 31.95; Purina scratch feed. 11.96; Purina feed, 175-pound sacks. ti68. OA No. : I'llpbru. um . MEAt^-I-tuln. W-puuno Mck«. 7Cu; 49- pound «nrk,. 78r; plain, 14-ltettnd luck,, SOe; "n'Xv—Tlmolhr. phnli-u turn b,l,«. II.SI. .In., rbolrn .in ,11 linlnu. *170; No. 2. 11.00; No. J. nnMhtrrt h»lc«. I1.0S. Burmurl,. S5o. HHOllTR—Choice whit,, 11.10; fnnrj, 11.70; brown <70 ponnd.l. 11,00; bron, |1.60. PROVISIONS. pnnviRIONB—Premium ham,, 14H,: h,l tin,, 204115 pound, nrnruir-. 944c; fat liorka, t4J,. Silver I^af lard, 10H« Jevfell com- bound, to. California hnma, 9e. Ei rlba, FISH. , FIST1—Bream. 7e pound: anapper. 0e per pound; trout. 9®10e pound: blue Dali, 769c pound; pompano. 22t4c pound: maekerel, 12H K nud; mlled llah. t'fr/r pound; freib wntef >ut, lOe pound; mullet per barrel, 112,90. GROCERIES. RICE—Jap, 5V4 centa; heart, SC7r; fane, M to the jrrade. reream. lOtie; (Jooreln ; aalt. 100 ponnrta. 50o; _ rain, ,1.1-i -w- erarkera, stie pound; lemon, te: oreter, 4e; barrel candy, per pound. Wr; mlxM. per 8 ivounda, ever; toma- toea, 2 pound a, BOO raaetl pound,. J-.2B; aavj beana. 82.90; Lima beam. 7c; beat matchea per «toaa. 81.81: macaroni. e!*C7« pound: aardlnea. mnatapt, 83.50 race, SHOAIt-Standnrd arannlated 88.15; New York redned. 474: plantation. 474o. COFFBE-Roaatrd. Arhurkle,, 81AM; bulk Id ha*a and barn-la. t2o; «reen, Jlfnse. Shredded bleeult. 18.00 reae: No, 2. rolled oata. «a caae; aark *rtta. 88-pooad hafa, 12: oyatera. full weight. *2.S eaae: pepper. 18e ponad: baking powder. 85 eaae; red talraon. » eaae; ntnk aatmon. 84.50 rnae: cocoa. 45e; rboeolete 48-40; ,onff. Mb |nra 47o: roaat beef, 12.10 eaae: nlrnn (New Or- lean*-. 880 gallon: corn. 80e gallon: potnai 8S.25C8.80 eaae; peamtta G-ke; rope. 4 ply cotton, 2274c; aonp, 81.5004.00 —^ Edited by Joseph B. Lively. ARKCT Mr. Lively's twenty-flve years* experience of ed iting markets In Atlanta sod the South has mad* ! dim 0 recnenlxed au thority In his specialty TIPS FLASHED. Prom Wall Street. RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAME OF 8TOCK. Aiaal. Copper . , , , Am. Ice Becurltles . . Am. Bugar Refinery. , American Smelting . , Am. Locomotive . . , Baltimore Sr Obio ........ Ch<?mneake St Ghlo. Canadian Pacific . . Chicago & Alton. ........ Consolidated Gas Centra! Leather . . . do. preferred. . Colorado Fuel ft Iron ....... CorniProduce. Colorado Southern ........ Delaware ft Hudson Denver ft Rio Grande Distillers* Kecnritlea Brie do. preferred . General Electric Great western . . Great Northern nfd Illinois Ceutral Iuterboro do. preferred . . . Kansas .V Texas J* 416 1$ 2*74 £ 05 . ‘ >CO << mi, •Jos Oi ^3 Total stcM»k sales today, 644.000 shares. NAME OF STOCK. Mexican Centrsl. ., . . New York Central. . . Northwestern. National Lead Norfolk ft Western. . . Northern Pacific Ontario ft Western. . . Pennsylvania Pacific Mall People’s Gas Co.. . . , Pressed Steel Car. . .. Reading. ....... Rock Island. ...... do. preferred. . . ., Republic Iron ft Steel.. do. preferred Southern Pacific. . , Southern Hallway. . . do. preferred. . . .. St. Paul Tenn. Coal A Iron. . . Texas Pacific Union Pacific U. 8. Rubber. . . . . . do. preferred U. B. Steel do. preferred Western Union. .*. . . Wabash. ........ do. preferred NEW YORK. Following Is the range In cotton fa New York today: tares la Open. High. Low. II 1 ,d Dec -Tan Feb March. . . April. . . . May. . . . June. . . . July. . % . August. . . 11.10111.72111.65 11.25 11.28111.15 11.28 11.28 11.28 11.43 11.46 11.26 11.40 11.40 11.38 11.53 11.68 11.33 ii‘.46 1L46 |i‘L26 ll.0lllL01lll.0l ll.65lll.6fch 11.15 11.16-lf 11.28 11.20-22 11.27 11.26-27 11.38 11.31-33 11.33 {11.38-84 11.28-3(1 11.26 11.26-26 11.01 11.01-08 Tnra 11.20-21 11.28-30 11.37-38 11.37-38 11.46-47 11.41-43 11.37-38 11.17-18 Closed steady. • •Ex dividend % per cent. LIVERPOOL. 2 n. in. and close, compared with yesterday: Futures opened steady. Opening Range. 2 p. m. Dec. 6.02*4-6.01 6.01 Dec.-Jan. . . ,6.02%-6.00% 6.02 Jnn.-Feb. . . .6.04 -6.06 6.06 Feb.-March. .6.04 -6.06 6.07 March-Aprll .6.06%-6.06 6.07 Aprll-May .* .6.04 -6.06 6.06 May-June . . .6.07 -6.06% 6.07% Jnne-July . . .6.04 -6.06 6.07 July-Aug.. . .6.01 -6.04 6.06% Ang.-Bept. . .6.93 -5.94 6.94% 4.oo% 6.00% 6.04 6.04% 6.06% Closed barely ateady. (6.91 NEW ORLEANS. Following Is the range In cotton futures In New Orleans today: j | = It 2 |j|| -5 Prev. Close Dec Jan.. . . . Feb March. . . Anrll. . . . May. . . - June. . . . July. . . . 11.67 11.51 i'bf.j ii!f5 i'l'.59 11.67 11.62 ii'.52 11.57 1L60 11.43(11.43111.42-44111.60-68 11.29 11.80 11.80-31 11.46 11.27-2811.46-46 11.3001.31 11.30-31 11.47-48 11.80-32111.49 11.37 11.37 11.37-38 11.55-56 11.38-41 11.56-58 11.4011.4011.41-42111.59-60 Closed cosy. Special to The Georgian _ ■ - (From Ifaywnnl. Vick ft Clark.) New York. Dec. 9.-J. .s. Bacbe ft Co.: , DIrt*ctors of Distillers’ Becnrlties corpora tion due to meet for dividend action Deceni- ber 26. It is probable that the dividend Mill l»e retluccil and |>os«»bIy passed cutlrely liecnuse of the needs of company for cash. If the dividend Is reduced or passed it will lw» but n temporary exp«llent. In tnklng goods out of bond the subsidiaries arc obliged to pay actunl cash, and owing >to stringency of money conditions, they have found this a difficult mnttei to do, and na n result business of the compauy Is seriously i-ontructed. The same official declared the company is In nn absolutely sound financial position. Murket considerably mixed. Hill stocks are showing same strength witnessed last week. Some weakness In few' Industrials, Including Distillers, Copper. Smelters. Rend ing holds steady and Ilarrlinnns slightly heavy. Some picking of low-priced Issues. Bond brokers say there Is still it big de- New York Financial Bureau: Reactionary operations would not be surprising In the stock market today. A slight recovery first would follow usual procedure. Reactionary tendencies, however, ought to be temporary only aud not extensive, except where un usually sharp recoveries have taken plnee. The general market cleurly maintains a good toue, hut a recession of 5 or 6 points In the high-priced actives from the top levels would Improve the general position. >We would not, therefore, buy except ou recessions. Information Is mostly of n cbeprful tenor ns yet. bear tips seeming to be abseut. Pro- fevstouals are eelllug the highly active Issues toM-nrd the top of the recovery. ■Smelting displays a reactionary tendeucy and the room sella It. Atchison finds con siderable stock toward 74, but It will be bought on recessions. Amalgamated Con ner appears to be held between 48 and 52. Tips continue bullish on Brooklyn Rapid Transit. Professionals, It Is rumored, will try to drive 8t. Paul down today, not much NOTES ON GRAIN. Pointers on Provisions. dent In every way. Hoarded funde .... coming again Into circulation, and reports to the comptroller of the currency by the Interior banks show them In Initer condi tion and larger resources than was nnthi- K ted. The apot market Is very firm. Ow- g to rain and Hunday the outlay Is-un usually poor. Holders are asking ntwve quotations and buvers are eager. Futures lost a few points on dullness, but the undertone Is nil right. New York. Dec. 9.—J. 8. Rnche ft Co.: The ginning report published at the opening this morning came aliout as expected, being 6.33S.864 bales. Including Unters. The for eign market held fairly firm nml our open ing was 5 to 8 points higher than Batnr * * There was u disposition to was no marked pressure of long eotton be cause many longs were willing to nwntt the f ’overtime!!t estimate tomorrow. The sell- ug In quantity came from the professionals, who believed that the long Interest hnil been unduly extended, and If the report was about na exptvted the mnrket would easily sell lower. Up to noon the deelines ranged about 10 to 10 points from the higher levels. We favor the short side at the mo ment, although It would lie Miser, we be lieve, not to have any extended commit menta over the crop report. We think the long Interest has been more extended than ^ resent apparent, and this Interest will __ _endy to liquidate If the government re port la a shade different than their expeo- ta lions. Swift ft Co.*a sales of fresh beef in At. lanta for the week ending December 7, av eraged 6.hSc per pound. HAYWARD, VICK & CLARK, COTTON, STOCKS, B0ND8, COFFEE, GRAIN AND PROVISIONS i Carondelct and Gravlcr Sts., Naw Orleans. MEMBERS: Few Orleans Cotton Exchange, Sow* York Cotton Exchange OalTsstsa Cotton Exchange, Houston Cotton Exchange. Npw York and Chicago Correspondents: 4.8. BACHE ft CO.. AND BARTLETT, FRAZIER ft CARIUNtH ON, oniVATfi WIRES TO ALL POINT* Special to The Georgian. (From Hayward, Vick ft Clark.) ^ Chicago, Dec. 9,-BarUett, Frasier ft Car- rlugton: Our foreign advice# Indicate that inallty Is extremely poor. A largo propor tion of It Is growing ’‘no grade” and No. 4, and .these grades will sell at prices that *f low-grade corn should not mean a reduc- Ion In the price of the May option. Chicago Recurd-llerald: Resume of the export wheat situation aa mnde by Munn, of New York, for 8. C. Love, Is: "Liverpool for the moment has overbought wheat. The rest of the United Kingdom has moderate supplies mid has not bought for future re quirements for January, February and March. The continent has only thirty days supply aud will have to buy quite freely for December, January aud February shipments. In fact, the continent Is bidding today for No. 2 red for Immediate shipment, aud for good round blocks. There ha a been practi cally no corn sold for future shipment to either the United Kingdom or continent. Demand will come when Europe thinks corn will curry safely." ••Brices of hogs and product are now Just nbout/where they were at this time two years ago,” said n. 8. Whltehouae, the well- V nuldntlous to a lower level.” The Modern Miller In its weekly crop summary says: ”Reports from winter tvheat .millers located In the principal producing states Imllente thnt growing conditions are generally fnvornble, though the average condition ia not aa high ns a year ago. The acreage seeded falls somewhat below thnt of last year. The Increases nro most marked In Michigan. Ohio, Oklahoma and Texas. The reduction of area In Kansas Is amall, and there la an Increase In Nebraska. Crop conditions are backMnnl In Ohio, but the plant has a healthy appearance. Prospects are beat In Indiana. Kansas and, Nebraska. The presence of the hessian fly, Is. noted In Illinois, Missouri and i Oklahoma, but little or no damage Is reported. There Is no mention of the ’green bug* In the reports.’ Minneapolis reports that prices of mill stuffs have advanced $3 per ton this week. EDWARD MOYSE ft CO.’S WEEKLY COTTON TALK. New York. Dec. 7.—The riddle which the trade ts attempting to solve during these last tin vs, before tuc government estimate of the crop. Is how to reconcile the small amount which next Monday’s census report Mill probably show as ginned to November 14, with the views of the totnl -• • •—*-- tabled by the most competent < There U a general belief that the census figures will snow 1,600,000 less glnued than Isst year (crop ,13,500,0001 nnd 200,000 less than 1906 (commercial crop 11,300,000, but ac tual growth not over 10,800,000). It will be reiuemlwred that with Its usual stinginess the bureau estimated the 1905 crop at only 10,162,OOG-or over a million be- low the totnl marketed—and there Is a natural fear that the same course of under estimating will be followed this year. In such a case It would seem possible that the bureau plight estimate the yield ns low at 10% utUUous. No doubt the outside element, now so vigorously balling prices, expect some such surprise. On the other hand. It Is pointed out that Secretary Wilson. In his recent glowing Interview on our abounding agricultural prosperity, has put himself on record for a eotton crop, exceeding In cr.sh value the big one of last year, and fully equal to the average of the past five years. No wonder the trade Is beating about without rudder or compass so that the gov ernment report, uo matter what It mny give, will be a welcome relief from the great un certainty now; existing. , „ , , The finners figures will be published at 10 a. m. Monday, December 9. and the agricul tural bureau estimate at 1 p. in. Tuesday, Deoein!*er 10. In view of what we have outlined above, it would I»e superfluous for us to advise evening up accounts closely before the re. TRADING WAS LIGHT ■ IN CHIM MARKETS Liverpool Higher on Wheat • Without Effect on Our Market. ST. LOUIS CA8H QUOTATIONS. WUest—No. 2 red winter Corn—No. 2 Oats—No. 2 4974 Chicago. Dec. 9.—Wheat %0% lower. Bartlett-Frsxler sold. Liverpool cables came higher, while Budapest and Berlin M-ere,down *4d. World's shipments were slightly larger' than estimated at 9,616,000 » bushels, of u'lilch America contributed 65 ___________________ |M*r cent. The strength at Liverpool was t 77 ., ——— on rainy weather In Argentina and less i £"*'*,,%• pressure to sell La Plata parcels. i Aihoviiin Wheat was 3-4<ii>l-8c lower, corn lost ATLANTA ’ * * * l-20>lc, oata were l-80>3-4c lower and | Augusta. provisions were 10020c lower. Birmingham*. . — . ... ■' — Bismarck LIVERPOOL GRAIN f.lARKET. j {’“J'™; ....... Chicago train und iirorlalon quotation* I bJjnrlnrfS”' ‘ ‘ ‘ for today are aa follow,, compared with ' yeaterday’, V WEATHER REPORT. WEATHER CONDITIONS. Today’s map. allows two areas of high pressure, one covering the Atlantic states and the other the northern Rocky Mountain region. Between theae la nn extensive nrea of low barometer, central near St. I.otils, while Its trough extends from northern Michigan aouth to the eaat coaat of Texas. Aa a Jesuit of these opposing forces cloudi ness covers nearly the entire country nnd tlon has occurred along the northern border of the ranp. Rain was falling this morn ing at Nen’ Orleans. Mobile, Montgomery. Meridian. Thomnsvllle. Nashville, Char lotte and Cincinnati. Warmer weather pre vails enst of the Mississippi, a-hlle In the northwest .lower temperatures predominate. Havre reporting a minimum of 2 degrees lielow xero. The conditions favor rain In thla section tonight, colder; clearing and colder Tues day. Minimum and Maximum Temperatures and Rainfall. rr./ ! Jnplrer . . . , Knnsns City. rr* . Key West. *** ! Knowliiu i KIBK— 4 Jnn. .. 6.72% May .. 6.80 LIVERPOOL GRAIN MARKei COTTON SEED OIL MARKET. New York eotton seed < March May July. Closed steady. 3S*4^H ATLANTA OIL MARKET. Wheat opened unchanged to % lower, and at 1:30 p. m. was %0% lower. Closed %®% lower, - Corn opened flower, and at 1:30 p. m. 8 urn uprutru •,» iuwrr, niiu wus % lower. Cloaed % lower. "NAVAL STORES. Mieclnl to The Georgian. Savannah, Dec. 9.—Turpentine firm at 45; sales, 96; receipts, 495. ltoslu firm: sales. 3,361; receipts. 2,616; Mutenvhlte, $6.s5; wimlou- glass. 18.70; N, $6.b*; M. $5.33; K. $5.35; I. 34.40; K, $**.76; a, 32.95; F, 12.9002.96; E, D, 33.8002.96; C, B, A, $:.\6502.te. . , THE SUGAR MARKET. New York, Dee. 9.—The domestic refined suxar market was steady nnd unchanged, •rile ran sugar market mbs stendy. London licet sugar market was steady with De cember fyl higher at 9a 7%d, and January unchanged at 9s 8%d. CHICAGO CAR LOTS. Non- Orleans. , New York. . . , Norfolk 1’alestlne. . . . Pittsburg. . . Portland, Me. . Portland, Ore. , St. Louis. . . , St. Paul. . . . San Francisco. Savannah. . . .• Simkatir. . . , Tampa. 1 ., . , , Thomnsvllle. . . Vicksburg. . . Washington. . . Wilmington. Opening Prices Generally Lower in New York the Result. STARTS UPWARD LATE Due to Covering by Sellers of Friday and Sat urday. Urrnt Northern abould I*,bought upon oil reactions of consequence, according to our reports. The same may be said of Union Pacific. The bull talk Is strong on Reading, but It Is temporarily reactionary nml good Inning will not appear tor support above 90-91. according to specialist reports. Penn sylvania tuet stock toward 116. The United States Steels met some offerings, according to latest reports, toward the top of the re covery levels, a block being reported for sale In the preferred Just above 90. Most of the other stocks are swinging with the mnrket without special Initiative. The entire list, as suggested, is not un likely to extend reactionary tendencies of Saturday temporarily. But on reasonable recessions, high-grade professionals will buy again. MONEY AND EXCHANGE. ,Neu’ York. Dec. 9.—Money on call, 7020 per cent; time loan# offered at 8; none tuken. Posted rates: Sterling exebango, $1,810 4.87. with actual business In bankers’ bills at $4.857504.85.S5 for demand nnd nt $4.8076 for 60-dny bills. Prime umrcniitlle paper unchanged. Loudon Imr sliver, 25%d; Nen* York bar silver. 55%c. Mexican dollars. 44%c. BY T. C. SHOTWELL. New York, Dec. 9.—Although stocks wert very strong In Wall street this morning, th* insiders admitted thdt several weak point* have been developed and It limy be nco**. s:iry to clean them out. They were part leu- Inr. lion-over, to snv that people who re.illy ewii their stock will not be hurt, nlthuj^ margin traders may have a few days oi uu- si u ess. The opening prices were nt declines of % to It* points. London sent over priori considerably loner, The short iutereit built up on Friday iturt Saturday, however, begun to cover und byr the end of the irst hour udvames were scored’of from 1 to 2 points In the active Issues. Union and I Rending were leaders. Brooklyu Rapid , Truuslt jolued the advnuce soon after the opening. Reports that the stoH trust would em ploy intelligent labor nt higher prices, there by reducing its own working expenses, and liicrAisiiig the Income of American citizens employed by It, strengthened shares of t’ue trust. The announcement that the mines la Goldfield Mould open tomorrow and thnt there had been no*disturbances lu the camp made gold stocks very strong, although business In them was very stagnant. The census bureau announced that 8.338.IM0 bales of cotton bad been ginned up to De cember 1, as compared with 10,025,445 bales n year-ago. This caused a sharp advance lu cptton options. Banks ore in much stronger condition, and, with the exception of the feM- went stocks, the market Is considered absolutely safe aud sound. • In the early afternoon, the market showed no real rally, although thers was support at the lower levels and the volumes of business tended to fall off. Dullness on the decline induced some traders to cover who had been operat ing for a small turn on the bear side. Closing bids follow: Railway Stocks. Atchison ... „ ,, .. 721-$ Today. jTotnorrow. a 1 35 400 563 144 277 Hogs, head. . . . . { r.ooo VISIBLE GRAIN SUPPLY. Wheat—Decrease 64.000 bushels. Corn—Increase 281,000 bushels. Oat *-Decrease 271,000 bushels. Seeded Area Shows Decrease. Washington, Dec. 9.—Decrease winter THE METAL MARKET. MINING STOCKS. Boston. Dec. 9.—Trinltr. 13%; Smelting, preferred. 38%; Copper Range. 55; North Butte. 40: Boston Cons., 10%: Utah Mining, K; < nl. lt«U., 609; United Fruit. 11574. Boston, Dec. t.—Following was the bid •orgia Railway and Electric Ct i 69; no market for preferred. WEATHER FORECAST, j Wmhln*ton. Dm. 9.—IVealtif-r condition. ■■''■ninrBV tut I till Ittm lUTt-tT Ul io«ir days have merged In a single storm that le now eentrnl In the middle Mlsalssln- id volley. Its Influence, however, extends from the middle gulf to tbo upper lake re gion and It has caused rain In the Missis sippi valley and thence eastward to the At lantic, except In the eastern portion of tbo middle Atlantic states. A strong area of high pressure is moving southeastward over the Missouri valley, with xero weather In this forecast district, except that the weather will clear In the South within tbo next thirty-six hours. The precipitation In the bike region and upper Ohio valley will probably turn to snow Tuesday, with much coiner weather. The temperatures will fall In Atlnotle Ktorni warnings displayed on the FINANCIAL SITUATION SHOWS GENUINE RECUPERATION Henry Clows ft Co., New Y’ork, In their Meekly circular letter, under date December 7, say: • ‘.’Auother week of gratifying recovery has been experienced,- and since the panic se curity values show an advance of 10 points and over on the lending Issues. In bonds, as M*ell ns stocks, there have been substan tial galna, and the whole drift of the finan cial situation shows genuine recuperation. The premium on currency la gradually dis appearing, nnd call money la becoming more and more easy, ratea having touched ns low aa 3 per cent during the week. Time money continues scarce at 10 to 12 per cent for short dates; not so much from any defi ciency In supply as from the conservative attitude of the banks, which are still ob liged to exercise caution In the granting of credit. Gradually, but surely, the money mnrket Is working back to normal condi tions. The disposition to hoard is abating ■nd bank reserves are rising, having been materially assisted by the engagement of about $100,000,000 of gold, tho bulk of which has already nrrlved.. Fortunately our Inte rior banks are rapidly getting over their fright now thnt the sltuntlon In New York Is Improving, and within n few weeks money will probably be abundant and much easier than nt present. There Is no lack of currency. The nmount of circulation oil November 30 was $2,876,000,000. nn In crease of nearly $132,000,000 within the month, nnd $139,000,000 within twelve months.” THE LONDON STOCK MARKET. Amnlgnmnted Copper . . . Annconda ..... Atchison do. preferred ....... . Baltimore ft Ohio . . . . Chesapeake ft Ohio . . . Canadian Daclflc . . . . Denver Rio Grande . . . . do. preferred Erie First preferred ...... Illinois Central . . . . Kansas ft Texas ..... do. preferred ..... Louisville ft Nashville . . Mexican Central . . . . Norfolk ft Western .- . . . Northern l'uelflc . . . New York Central . . . N. Y.. Ontario ft Western. Pennsylvania Philadelphia ft Reading . . Rock Island Southern Pacific . . . . St. Paul Southern Railway . . . Union Pacific . . . . , U. 8. Steel do. preferred Wabash t do. preferred Open ft l J8 THE COFFEE MARKET The following figure, fire, the npenlnf Opening. ClMlng. • -nriHt >>11,41 o Ill, 5 Ill-tU!17'; Virginia—U.Hn tonight nml prolwhly Tiu» day; warmer tonight; colder In extreme western portions 'ru * “ ‘ erly wtm ruesdny; fresh southeast' North Carolina—Ruin tonight; warmer in tho northeast portion; Tuesday fair and colder lu the western nnd southern por tions; fresh to brisk southerly *Minda. South Carolina—Rain tonight; Tuesday fair aud colder; freah southerly, shining to westerly winds. Georgia—Rain tonight; colder In northern and western portions; Tuesday fair and colder; fresh west to northwest winds. Eastern Florida—Rain tonight and Tues day; odder in uortbern portion Tuesday night; fresh westerly winds. Western Florida and Alslwnia—Rain and colder tonight; Tuesday fair and much colli er: frwb west to northwest winds. Mississippi-Fair and colder tonight; Tues day fair and colder in the* southeast por tlon: fresh west to northwest winds. March .. .. . April . May June July August September .. .. .. , October .. .. . November December .. .. ., Closed steady, Sales 42,000 bags’ Baltimoro and Ohio .. 72 3-8 Canadian Pacific ..149 3-4 Chicago and Northwestern .. ..1371-2 Colorado Southern .. 20 3-4 Denver and Rio Grande .... .. 201-2 Erie .. 161-8 Illinois Central .. ..124 1-4 Louisville and Nashville .... .. 94 Manhatan "L" . 118 Mexican Central .. .. 141-2 Missouri Pacific .. .... .. .. 62 1-2 New York Central .. 971-8 Pennsylvania .. .... .. .. .. ..1133-8 Reading .. 931-2 Rock Island .. 14 1-2 do. preferred .. 30 St. Paul .,103 5-8 Southern Pacific .. 73 6-8 Southern Railway .. .. ..... .. 131-2 Union Pacific,. .. v ..1161-2 do. preferred .. 80 Wabash .. 10.. Wisconsin Central .. 13 Interboro-Metro .. 7 5-8 do. preferred .. 193-4 Great Northern ..1191-4 Miscellaneous. Amalgamated Copper .. .. ,. 47 American Car and Foundry .. .. 32 3-8 American Locomotive .. 37 American Cotton Oil .. 281-2 Amer. Smelt, and Refining .. 69 7-3 do, preferred .. M ,. .. .. 90 7-8 Brooklyn Rapid Transit .. .. .. 401-4 Colorado Fuel and Iron .. .. .. 201-2 International Paper .. .. 91-8 National Lead .. 401-2 Pacific Mall .. 221-2 People’s Gas ,, .. 77 3-4 Pressed Steel Car .. 20 5-3 Pullman Palace CaV ..1401-8 Sloss-Sheffleld Steel .. .. .. . 36 1-2 Sugar ..104 7-8 United States. Steel .. 25 7-8 do, preferred . 87 1-4 Western Union .. 551-4 Mackay Companies .. .. 55 COLORED AND FANCY COTTONS HELD AT FORMER VALUES. New York Commercial: There is a feellu? of confidence In the wholesale markets that is promising of a full revival of Interest l» spring merchandise. Hellers draw the con clusion thnt the cutters nnd 'Jobbers have got over their fright, and will now want their goods na nearly on schedule time n* they can get them. It Is stated In the lend ing commission houses nnd In the sellim: igenrlea that their store and mall trn<I« ihows nn Increase day by day. The course of the market this month Is the exact re verse of November. During the latter mouth business fell off dally and requests for cancellations were piling up. The buy ers who have any spot needs to cover are « finding tbo level of prices thnt obtained tie- fore the blink troubles of October again In force. The lines of colored cottons, fancl- * and some of the ticketed lines of st i-1“ brown goods are growing .stronger In price ua the demnirl front export channels take* on a more Ituportaut form. The Hoiithetn mills.that were the first to weaken on their prices lit the past few Meeks are comiu nrouud oulekir nnd are placing the bark at the old level*. Instances are to cited of udits that have withstood th* pressure of buyers for concessions. «** * Mblcb have continued selling their goal* «* l.i.*4 cent above the general nuirket. On lines of spring cottons nnd dress P" ...it Jobbers ore snowing to the retail tr* the movement has again nsaumed norm: proportions aud the reports front the run* men agree In stating that retailers wifi 1 able to tnke^roods as they are due to arrlr. stocks on the market, as M-ns the month. On the matter of collection*, t Is stnted In all divisions of the trade that boy* em are making an eamekt effort to m**ci their obligations, and are not causing ’ mills nnd jnbhet* the inconvenience t“i wns a featnre of the sltnation nn to the i * foM' days. In the clothing trade the retai ■ era nre selling their winter, stocks In a sat isfactory manner, nlthough they ere not ting quite the top prices for the — ■it 1 better grade goods. With the majority It is a .matter of Importance to Tuesday; probably freeslng temperature In.., ,» « ......... . Oklahoma, northern Arkansas ami norths j stocks lower* > *l so they esn get fund* *«» tvest portiou of eastern Texas Tuesday j meet their obligations for cloth as they fad morning. j doe. uewday fair and colder. Umlslana—Fair and cold tonight and Tues day; freah to brisk westerly to north winds j un the coast. Eastern Texas—Fair and n Tuesday fair and colder In eai , Tresd to brisk northwesterly winds ccast. —r»* ' f Vxas-^Falr and colder tonight; Tuesday fair. . Oklahoma—Fair and colder tonight; Tues- -Falr and colder tonight; ^ stem portion; . FRANK HAWKINS. 1’ivsldent. H- M- ATKINHON. Vlce.Presldent. THOMAS C. tfRWIN. Cashier. k W UYKKS. Assistant Cubist- « * IVI.VI’U.I, * u-r-i-rrsiueai. 4QSKPU A. MTORD. Vlce-Cresldsat Third National Bank Capital .... $200,000.00 Surplus and Profits $<GO,OGO.OO DR. A. Yf. CALHOUN. MILTON DA IB JAN. JOHN W. GRANT, u ). MCdltn, FRANK HAWKIN'* U. M. ATKINSON. JOSEPH A. MTORD. J. II. Mt.NNALLT. J. CARUoi.l. i'AY.VR. K. It. ROH.HKR. DAV ID WOODWARD