Newspaper Page Text
'•T w
14
ini'j yi l jj.y.v liV ty rAJftlTl Ax\' AJY l) MMVC.
11,8/6,000 BALES
Greater Than Views Held by
Conservative Element
in Trade.
SIGNAL FOR ATTACK
Heavy Selling Caused Break
of 13 to 48 Points in
Five Minutes.
New York. Dee. 10.—Tbe eotton market
opened much better thin had lw»en expert
ly, chiefly on covering of shorts prior to
the publication of the department of agrl-
mlture's estimate on the crop and further
Mrldance of Wall street support. Hrst
price* were 1 to • points lower.
The total production of cotton for the
son of 1907-06, according to the report of
ihe crop reporting hoard of the depart
ment of agriculture. Issued Tuesday at 12
o'clock. Is given In 600-pound hales, not
Including llntera and repacks, nt 11.766.000
bales. At the same time last jear the
board estimated the crop at 12,644,m&> bales.
Last year's actual crop was 13.61bales,
or practically a million hnlef in excess of
tfetuaatc.
it Is n well known fact that the depart
ment, probably two exceptions, has
never mule, -“stlmafed the crop, and In con
sequence It ban heroine the custom to add
about a million bales to the government's
estimate, which, applied to the estimate
Just Issued of ll.Tw.OOn. would bring the
crop up to nbout 12.000.0)0 bales, including
llnters and repacks.
The rending of the estimate rnused a sen
sational break In futures In both New York
and New Orleans. In New York prices sell
ing off 13 |o 48 points In live minutes, with
tone decidedly weak.
Following Is the estimate by states
NEWS AND GOSSIP.
Of the Fleecy Staple.
Vl ratals
North Carolina
Honth Carolina
Georgia
Florida
Alabama
Mississippi
Ix)ulalona
Texas
Arkansas
T*Mims««e
Missouri
Oklahoma
11.010
fi04.<rtn
1.091.000
I.ti9«.o00
»64.0tM
i.2i c.m
L&SO.oO"
7i2.0*»O
"490.000
796.00)
•298,000
1906.
Urn
6.T7.0OO
*75.000
i.r.TR.ooo
54.000
1.252,00*)
1.414.000
930,00*)
3.944.000
791.000
260.OOO-
43.000
765.000
Total
tr«78.0W
12.646.000
Total cron | 1
ia.Ei6.4tc
Hstlaia ted production, 6.681.968.000 t'« 'id*,
equal to 1L<*8,000 1tales of 600 pound* gross
to the bale, uot Including llntcr*. '
« Weakness continued throughout the
afternoon session, the close being
Steady, net 44 to 49 points lower.
Compsrstlve port receipts;
1 hot.
1906.
Ks turds j
Monday
Tuesday
I 53.S.-.9
1 n:SS
61,425'
64.997
76.029
Total for three days..
Total since Sspt 1..:.
1&691
1 2,879,397
202. U l
4.881.965
Estimated receipts Wednesday:
1907.
New Orleans ...20,000 to 29.6-10
Galveston 18,000 to 16,000
1906.
-1.74-;
17,796
12,600 to 18,500 16.630
•POT COTTON MARKET.
eavnnnan, steaay; middling ii> 4 .
Augusta, quiet; middling 11 9-16.
Mobile, steady; middling lift.
Charleston, firm; middling 11 M6.
Raltimore. steady; middling 1164.
Wilmington, quiet: middling lift.
Boston, steady; middling 11.86.
Memphis, steaay; middling 12.10.
Philadelphia, quiet; middling 12.10.
Houston, steady; middling 11 11-14.
Norfolk, steady: middling 11 9-16.
Galveston, steady; middling 11%.
fit Louis, steady; middling 11*4.
TO DAY’S PORT RECEIPTS.
{(pedal to The Georgian:
iFn»m Hayward, Vick A Clark.)
New York. Dec. 10.—J. H. Haobe & Co.:
Liverpool was due 2% to 3 points lower oa
near and 3 to 3% lower on distant posi
tions. opened quiet and steady 8 points
lower on near and I points lower on late
months. At 12:16 p. m. was quiet net 8 to 9
points lower on near and C to 7% lower on
distant positions. Spot cotton In good de
mand 8 points lower; middling, 6.34; sales.
15,000; American. 14,600; speculation and
export. 1.000; Imports, 17,000, Including 16,900
American. . . . .
Positive evidences that the cotton market
has seen Its high level for the time being
are apparent. The market was held by
main rorce through strenuous efforts of the
bull clique yesterday. The natural tenden
cy was downward. Today after the report
o'f the government Is Issued the market
will decline. Liquidation of accumulated
holdings of tit*- bull crowd will ensue. It
makes little difference what figure the gov
ernment will publish. The market Is con-
f eated with longs and this Is dangerous.
Jrerpool comes weaker this morning and
this la a foreenst of today's course of
^Hutton buying March at 11.18.
Norden A Co. have reduced their eat!*
mate from 12.840.0fx) to 11.400,000.
Very little cotton for sale. Hutton and
Carpenter buying.
Following are II a. in. bids: January,
11.08; March. 11.21; May. 11.28; July. 11.28.
Hood. Fernls A Co., Liverpool, cable as
follows: •’Bureau expected at»out 12.000,000
ou previous optlmlattc statement of the sec
retary of agriculture, but as glnnera* and
luto-ilght figures Indicate a crop of 11.000.0OT
to 11.5OM00, bureau estimate will be forgot
ten In 48 hours unless confirming aforesaid.
We expect a permanent advance."
The shorts t» ~ 1 *
and there la «
much for sale.
New Orleans, Dec. 10.—Hayward, Vick A
Clark; The marker opened about 4 derwn
Home more liquidation before bureau publl
pound bales gross.
Edited by
Joseph B. Lively.
markets!
Mr. Lively’s twenty-flv#
years* experience of ed
iting markets In Atlatta
and the South has made
him a recognized au
thority In hi* apeclalty.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
BU8INE8S NOW COMING ON
business now coming In
normal rondl
band market In a perfectly
flow. All of the salesmen o
either mills or Johl*er* are I
easier to Interest the buyers
case last month or even durl
dsys of this. As the stop’* 1
and the lines of faneb** « sought by cut
ters or Jobbers at under values they ar
found to be held firmly by almost eve:
concern In the district. It la only In
export trade has Improved It has caused
.. . . stimulate the pries. of brown
cloth* and It haa also been a help In otherl
directions. On Saturday the merchants
Iwho visited the market were Intent oni
getting additional goods under order' at
their own prices. They urge their easel
strongly, but the sellers are not ns willing
os they have bqen to sell hosiery, nndsr-i
wear, staple cottons, dress goods or ready
made clothing of soy class at lower figures.
There still remains sufficient time for the
lines on the present heavyweight season to
be worked off at a profit by spot sales
trade
now willing
wait. Linen Importers are so much encour
aged at the prospects for the year 1908 that
they are placing their orders with the mills
abroad for their fall lines and are not cut-
■ ^ ■■ 1
NEW YORK.
Following Is the range in cotton futures to
New York today:
i\i li
op |3
IS
Close.'
c sj
II
bee,. . . .
Jan
Feb
March. . .
April. . . .
May. . . .
June. . . .
July. . . .
August . .
11.56111.66111.16
11.08 11.28 10.66
ii'ii iV.29 io!74
11.26 11.26 11.26
11.29 11.46:10.79
10.90 10.90! 10.90
11.23111.33; 10.70
II.OOI 11.05 (lO. 47
11.23
10.71
10.80
11.25
19.64
10.90
10.70
10.47
1164-fid
11.15-16
tufas
11.26-27
It 31-83
11.33-34
11.28-30
11.25-26
1L01-03
CTos«l strsdy.
worsted trade located In New England, It
It to be noted that they are curtailing to
almost as large a degree as are the cotton
mill*. Their reason Is that the *prln ‘
1 1908 business haa been meager nnd
are not, getting repent orders enough
carry them along until heavyweight Initial
orders are hooked for the fall of 1908.
ATLANTA MARKETS.
FRUIT AND PRODUCE.
The following table shown receipts at the
porta today, compared with the asms day
last year:
1907.
1901
New Orleans
Galveston
Mobile
Bavnnnsb
Charleston
Wilmington
Norfolk
New York
Boston
Philadelphia
17,820
25.617
6.101
17,806
1,005
1$
’”62
15,638
84,444
3,890
I
8,676
147
•48
620
Total
$6.$4S
70.02*
INTERIOR RECEIPT8.
The following table shows receipts at the
intsrtor towns today compared with the
tame day last year:
1407.
1901
Houston. ......
Augusta
Memphis. .......
Bt Louis
Cincinnati
27,623
2.133
7.307
1,604
112
26.966
2.268
1018
*•21
670
Total
39.479
41.597
HAYWARD, VICK & CLARK’S
DAILY COTTON LETTER.
New Orleans. Dec. 10.—Futures In Liver
pool have shown hesitation for the past
four days and seeemd In need of n reaction.
The lower closing on our side yesterday
more than the result
the bureau publication, as spot huslnes* I*
good. Total sales today were 16,000. Our
market opened a few points lower, followed
by further decline on more liquidation hr
longs. Unfortunately, people htok for such
a small estimate that they Justly fear that
they will be dUappoluted. nud are selling
out. Another fs*-t against bulla is that
help by bull speculation In the Mouth has
been so restricted by laws, and the tiear
element has gained no much In power
thereby that It la being well recognised,
that the estimate must be small enough to
keep bears In check, or the market will »>e
attacked by foreign bear Interests. In the
long run It will, of course. In- different, as
we have no doubt that enot* are going to
win out on supply and demand. Jim s*
with future*, some owner* of spot* do not
care to take ehauees on the huresti ami
want to sell before. This Is the rnnse for
the freer offerings here and there, but the
tendency It by no mean* general. Stmt
buyers are Inclined to hold off until after
the publication. Trading in futures settled
around opening figures. The market Is
quiet, traders waiting for the report. Oue
thing should be borne In mind. and that I*
that bull support I* crippled by laws, and
people therefore should not expect tor*
—s. ... ... — -*— —— from very
to shelter
EGOB-Aetlve. 24tte26e.
LIVE POUI/HtY—Hans dnll, 40 eentsi
chickens, fries, 22tt©80c. Ducks, Pekin. 85c
each; puddle, JOc each. Turkeys active, 15*
per pound.
PRESSED POULTRY—Turkey*, drawn.
17618c pound; fries active, 17c per pound;
hens, 16c pound; ducks, drawn, fancy, 17c
potiod.
PRODUCT—Lard. 12e pound: hami active,
lie ponnd; shoulders active. lOffiic nound*
sides active. He pound; butter, 186z4c per
ponnd: beeswax active, 26c nound: booel
(bright) active, *
nut. 9c pound.
FRUIT8 AND NUTS-CItron. 22%c pound;
almonds, He pound: Brasil, 14c pound;
Filberts, 18%c pound; English walnut*. 18c.
tb. Pecans, 12Hc lb. Figs, 6-ox. pkg. 7%c.
12-ox. pkg. 15c. Lemon peel, I7%c lb.
Orange peel, I7%e lb. Lemons, fancy Mea-
•emi, $3.7564.00; bananas, SHc Ib.r lime*
Florida stock. ROe 100.. Pennuts In sacks aver-
aging 100 pounds each, owing to grade.
6%66c ponnd; dried apples, 12fr12*f«e; drlsd
peaches. 11%c. Figs, $1.25 box. Dates. 1-
K und package, 7^fc. I*. I*, raisins. 12.00
x. Mixed nuts, 28 and 50-ponnd boxes.
18 cent*. Grades, Concord. 6 pound basket.
? C. Mc'nga. ner keg. $566. Apple*. New
ork. jl.f/V'H.50. Cranberrle*. $11 barrel. 50c
B illon. Florida orange*. $17663-00; "Pet
rand" oranges. $3.0*Vf?3.50.
VEOKTABLER—Potatoes, per huahel. $1;
sweet potatoes, 8o690c. Onion*, $1.10 bush.
Hpnntoh, *1.50 prate; kmnt ft barrel. $3.76:
Danish. 1%. Celery. 65690c * hunch; ner
crate, 6 to 8 dozen, $8.25. Cauliflower. 104#
Itfte pound. Lettuce, 11286150 per crate.
Turnips, lHc pound. Florida beans, $2.60
Cr “' e FLOUR AND GRAIN.
FLOUR—Highest patent. $4.60: beat pat
•nt. *3.76: standard patent. $8.60: half pat
ent. 15.16: spring whent patent, $8.28.
CORN—No. 2 white. 78c; choice white, 90c:
mixed (new), 76c; cracked corn, 100-pound
■nek 81.85.
CjfyOKEN FEED—Flftv-ponod sacks. IV,
Purinn cbleck feed, $1.96; Purina scratch
feed, $1.96; Purina feed, 175-pound sacks.
$1.48.
OATS—No. 2 white. «3c; No. 3 white. 62c;
No. 2 mixed, 62c; Golden oata, 68c; white
dinned. 67c.
MEAI/—Plain. 94 ponnd sacks, 74c; 48-
pound sacks, 78c; plain, 24-pouml sacks, 80c;
germ. $1.58.
HAY—Tlmothv. choice large hales. 81.35;
do., choice small bale*, ft.30: No. 1 fl.M;
No, 5. one-third bale*. $1.06 Rermuda, 85c.
i: •*rd , nes. mustard. 13.W ease.
SUGAR—Standard granulated $5.16; New
York refined. 4%; plantation. 4%e.
COFFEE—Roasted. Arbnckles. bulk
in hag* and barrels. Ifc; green. 11 ft lie.
Shredded Msenlt. tt.AO case: No. 2. rolled
eats. $3 28 case; sack grits. 94-pound bags,
$2: orsters. Dill weight. 32.31 esse; pepper.
constantly behind spots.
New York, Dec. 10.—J. S. Bsche A Co.;
The cotton market ruled very dull aud
trader* were Indinpd to hold off until the
government estimate enn»e out. I.lverpwl
blef feature ws* the niltictlon In a *n
cotton firm'* estimate of nearly a niitlb
bale* to 11,430,00). Evening tin of oneroto
The rally was about 13 to 16 point* and this
forced out tuo*t of the trailing short*. The
bull crowd held matter* well in hand and
did not let market off much nftor the cover
ing hail cea*ed. We look for Nome selling
Ing of the Mg line of logg «*ofton.
HAYWARD, VICK & CLARK,
COTTON, STOCKS, BONDS, COFFEE* GRAIN AND PROVISION*
Carondalat and Gravier Sts., Now Orleans.
MEMBERS:
Few Orteass t.'attoa Bi'-hanga, New Orleans Future Brokers* Association.
New York Cotton Kxehsngs. New Orleans and Chicago Boards of Trada,
Slh'-siZ*.«* Cidion Exehtnge. New York Coffee Exchange.
Kovstmt Exrbaare. Associate Member* Liverpool t’ottoa Ass’a
New York and rhlragu t^orreapondentt:
4, 6. SAC HE <L CO., AND DARTLETT, FRAZIER A CARRIN6C0 N,
diuVATSL WIRES TO ALL P01NT&
Amai. Copper .
Am. Ice Hecuritlea .
Am. Sugar Refinery.
American Hmeltlng .
Ain. Ixicomotlve . .
do. prefcrre<l , , .
Am. Car Foundry.
do. preferred , . . * ,
Atlantic C. Line. . . .
Brooklyn Rapid T. . .
Baltlraorn A Ohio . .
Cht*Mpt‘Alc* Sc Ohio. .,
Canadian 1’aclflc. . . .
Chicago A Alton. . .
ConnailfJMttHj One. . .
Central leather. , . .
do. preferred. . . .
Colorado Fuel A Iron .
Corn Produce. ....
Colorado Southern . *.
Delaware A Hudson .
Denver A Rio Grande
Distillers' Securities.
Brie .
do. preferred. . . • .
General Electric . . .
Orest Western ....
Great Northern pfd. .
Illinois Central . . . .
Interboro
do. preferred . . . .
Kansas 4c Texas . . .
Missouri Pacific.
Mexican Central. . ,
New York Central. .
Northwestern. . . .
National Lead. . . .
Norfolk A Western.
Northern Pacific. . .
Ontario A Western.
Pennsylvania. . . .
Pressed Steel Car
Reading •
Rock Island. .
do. preferred. . . .. . .
Republic Iron & Steel. • • • ,
do. preferred. • ......
Southern Pacific .
Southern Railway
do. preferred
SL Paul.
Teno. Coal A Iron. . . . . .
Texas Pacific
Union Pacific
U. tJ. Rubber.
do. preferred.
U. S. Steel. .
do. preferred
Western Union
Wabash. . . .
do. preferred.
TIPS FLASHED.
From Wall Street.
LIVERPOOL.
Prevloui
2 p. m. Close. Close.
Following Is the opening range, 3 p. m.
and close, compared with yesterday:
Future* opened easier.
Opening
Range.
Dec 5.92^60
Dec. Jan. . .6.92%6&
Jan.-Feb. . .5.94
Fcb.-March .5.97 -6.97V
March-Aprll .5.99 -5.9S»
Anrll-Msy . .5.99
May-June . .5.99
June July . .5.W -5.
July-Aug. . .6.98
Aug.-Bept. . .6.86
lug.-l
used steady.
NEW ORLEANS.
Following la the range In cotton futures In
New Orleans today:
t*c;: T7
Jan.. . .
Feb.. . .
March. .
Anrll. . .
May. . .
June.
ny- - - -
closed sti
steady.
m
11.64111.08'
TlimS]
10.9011.01
isIlbltSlT'
10.91-93
10.94-96
10.93-96
1L0142
n
11.42-44
11.30- 311
11.27-28
11.80 311
11.30- 32
11.37-38
11.88-411
NOTES ON GRAIN.
Pointers on Provisions.
Special to The Georgian.
(From Hayward, Vick A Clark.)
Chicago, Dec. 10.—Rnrtlett. Frailer A Can
rlngton: Foreign advices say thin market Is
affected by tho American advices and tight
money. It has become very popular here
for the last few days to he bearish on
wheat and presume, under the circum
stances, It will be difficult to advance the
price. The holiday season I* rapidly ap
proaching, and we are likely to *ee a dull
market until after the turn of the year.
The low grades of com here yesterday
•old at such prices that It can not be very
attractive to the country shipper or farmer.
We expect to see receipts of corn drop off
here very soon. *
Receipts of oats are larger, but the de
mand seems able to take care of the re-
celpts. „ ^ ,
Logan buying more corn, and offerings
at so heavy now.
Chicago Itecord-IIerald: One of the local
provision specialists classifies the present
provision market as a very weak one. "U’h*
advance In provision* Inst week,’
The
.« — said he,
was due to the keen demand for fresh
meat, which started shippers buying live
hogs ami mode a very high record for hog
shipments from this market. The fresh
meat proposition Is always n temporary
and unimportant affair, aud lt» effect has
already worn off. The stock of the product
In the principal Western packing points
December 1 was very large. In, cut inentH
alone the total wns li*9,649.000 pound*, which
compared with 126.650.006 pounds it year
ago and with 149,284.000 pounds two years
ago. larger distributor* say that the pro
vision trade has fallen off very shnrply lu
the last two weeks as compared with the
trade a year ago.”
A local expo: ter who deals heavily In
Manitoba whent takes direct Issue with
some of the Canadian grain men nnd millers
regarding the qunntlty of the new crop sold
for export. Tills exporter claims that not
more than 10,000,000 bushels of the new crop
of Canadian wheat has boon cleared this
year and that probably not over 15.000,000
bushels all told naa been sold. Consolidated
old Manitoba wheat, however, wns sold dur
ing July, which helped to swell the Cana
dian clearance*. The recent claims that
extreme scarcity prevailed lu No. 1, No. 2
and No. 3 northern wheat In Canuda are
flatly contradicted except In part ou the
score of No. 1 northern alone. There Is a
fair supply of No. 2 northern, nnd It Is
selling at Winnipeg at about 2c under May
delivery. Ther* *— •-—-
Nq. 8 northern,
der May delivery price*.
Grain receiver* ore counting on a better
run of corn from Illinois stations the pres
ent week. In fact, yesterday's arrivals on
tale In the sample market showed that the
movement had already begun. Finley Bar-
roll's Bprlngtleld, Ills., correspondent as
serted that farmers had been Inrge sellers
for some time aud were anxlona to deliver
the grain, but were being held hack by
country dealers who were not anxious to
take lu and handle the grain In Its present
condition. The fine weather of the last
week In the corn belt, however, has helped
the corn condition, and trial shipments to
this market. Toledo and Bt. Ixmls have
brought uniform results.
"Europe will be compelled to look to
America and Argentina for the great bulk
of her necessities until new crons aro avail
able In the northern hemisphere many
months away,” any Scotten A Buydfteker.
"Meanwhile Australian and Indian ndvtees
suggest the deficit In these two will fall
considerably short of the excess suggested
In Argentina, almut 58,0oO,OOu bushels more
than expected from her last crop."
THE LIVE 8TOCK MARKET.
rhlcago, Dec. 10.—ItOGB—Receipts 28.000.
Market 15 to 20c lower; light, $1.1564.60;
mixed, $4.2064.55; heavy. $4.1564.50; rough.
$4.15101.25; pigs, $3.6004.40; jorkers, $4,550
('ATTLE—Receipts 5,000. Market Blow and
steady; baeres, $130416.33; cows. $1.1504.55:
Texsns. $303.9); stoekers ami feeders, $2.25
©4.35: Western. $S.25R5.
8IIKE1'— Receipts 12,0u0. Market slow to
steady; native* $2«5; Westerns. Jl.55fr4.75;
lambs, $3,7506.26; Werteru lanlbs. $3.7504.2).
TRADING IN WHEAT
WAS BATHER LIGHT
Opening Prices Were Lower
on Declines in Foreign
Markets.
8T. LOUIS OA8H QUOTATIONS.
Wheat—No. 2 red winter 98)4099}
Corn-No. 2 61H052
Onts*-No. 2 49}
on easier cables. L!v«rp<*>l was % to l*Ac
off and Berlin was down 1H- Northwest
cars wera 287, against 292 last year. Ex
porters took about 250,000 bushels at the
seaboard yesterday.
Wheat l-4tf#7-8c lower, com l-8c
off to l-4c up, oats l*8c oft to l-8c up,
and provisions 7 l-2c@15c higher.
CHICAGO GRAIN MARKET.
WEATHER REPORT.
WKATHER CONDITIONS.
The storm that was centered over Mis
souri yesterday morning has moved north
east nnd Is now central over the eastern
lake region. Its advance has caused a de
cided decrease In pressure and general rains
over the eastern bnlf of the map nnd higher
temperatures on the north Atlantic coast.-
Rain was falling this morning at Washing
ton, p. C., New York city, and Key West,
■inpi easiwnru, wnue over tne western unit
of the map clear skies predominate, with
no precipitation In the Inst 24 hours. The
northwestern high area has pushed in and
Its effects are being felt as far cast as this
section.
The eastward drift of the high area will
causefalr went her In this section tonight
Minimum and Maximum Temperatures
and Rainfall.
Chicago grain and provision quotations
for today aro as follows, compared with
yesterday’s close:
Open. High. Low.
pound: baking powder, $5 esse: red
...-.on. $5 **•*: Pink salmon, $4.50 rase;
cocoa. 45c; chocolate. 43He; snuff. Lib J*r»,
48c* roaat beef. $2.80 case; ulrsp (New Or-
ieans>. .tec gallon: corn. 80c gallon: potasl
$*.26©3.80 c*se; pM&’its.****: rope, 4-ply
cotton, 22Ho:
totton bef.p ' w ,n ?r toa *
$25.00; No. 2 prr ton, $24.00; hulls per ton,
fl CANDY—Stick, assorted «Hc ponnd; stick
assorted. «V* pound: fancy aMort#.!, p*u«,
cim*; ebiKoist. dron*. p.11*. l.'te: Klk. «,
.rt .,n IwiI*. Jt.M-
SllOUTS-fholco whl*,. H.S0: »l.;o :
hrown liS pound.), nr»n, $1.50.
PROVISIONS.
PROVISIONS—l’r»niluiu hums. HHc; l*d.
!U>s. 1VMKS pound, avoraa,. f.i bs, ks.
714,* Sllr.r l.sf l.rd. .!...r,)J r»mi-
umind, «d. C.llfbmta hams, 9c. 1:1 ribs.
FISH.
ruil-r.rum. ;; pound: snspix- ic t >.r
pound; trout. 9016c pound; blue fish. ifrSH*
pound; pompano. SHv pound; muckerrl. 1*4
pound: mixed fi*h. 6(r7c poaod:-fresh wntc?
trout, lot* pouud: mullet per barrel. I12.09.
tVIIEAT
Dec. .. 92Ti 93^
May .. 100 1(»)Z
July .. W7k
(TORN—
Dec. .. 62* BSH
May .. 54H 65W
July .. 63?i 54g
OATS—
Dec.
May
July ..
I'ORK—
Jan. ..12.80
May ..12.70
LARD—
Jan. .. 7.66
May .. 7.66
UIBK—
Jan. .. 6.66
May .. 6.77%
$
$ n
62 V 52% U
12KM
LIVERPOOL GRAIN MARKET.
1 inner, suu mi i
Lioacd \ lower.
CHICAGO CAR LOT8.
Wheat. . . .
Corn
Oats
Hogs, head.
‘8
36,000
THE SUGAR MARKET.
New York, Dec. 10.—The domestic refined
sugar market today was steady and un
changed. Local raw sugar market steady,
lemdon baet sugar market today was
steady, with December quoted at 9s fid
nnd January at 9* 8Hd.
MINING STOCKS?
Boston, Dec. 10.—Trinity, It; Green Can-
nnea, 574: Utah Mining, $1*4; North Bntte,
37%; Butte Coalition, 13%; LaSalle. 10U;
('upper Range, 63H; Arlaona-Commerctal,
10<; Mohawk. 4thi; Fruit. 115^4; New Ha
ven, 140; Smelting, preferred 3fV4; Old Do
minion, 17. Market weak.
1 THE COFFEE MARKET.
The followtug figures gives the opening
.snge and cIom la the New York coffee
market today:
April .. .. .
.\lny .. ,,
Jllllf
July
August .. ..
Be pi umber ..
(i«*iu!»er .. ..
November ..
ember ,
Abilene. . , , ,
Amarillo. . , .
Asheville. . . .
ATLANTA. . .
Augusta. . . .
Birmingham. . ,
Bismarck. . . .
Boston. . , . ,
Charleston. . .
Charlotte. . . .
Chicago
Cincinnati. . .
Corpus Chrlatl.
Davenport. . . ,
Dodge
El Paao. . . .
Fort Smith. . .
Galveston. . ,
Havre
Huron
Jacksonville. , .
Jupiter.
$W£ tT :\
Knovxllle. . ,
Macon
Marquette. . .
Memphis. . , .
Meridian. . . .
Miles city. . .
Omaha, .
Palestine.
PItshurg. .
Portland. 3
Bt. Louis.
St. Panl. .
Savannah.
Tampa. . .
Taylor. . .
Thomaarllt'
Vicksburg
v ickshurg. ,
Washington.
Wilmington. .
T, Indicates
J. B. Mi
-_rL> Dt*«*. 10.-J. H- B;
Chapman sold in all 10.000 Grant Northern
preferred, said to he for B. E. Hutton.
»J. J. Manning bought 5.T)fr) Smelters.
C. D r Barney selling Bt. Paul.
Chleniro- Rock Island and Pacific declared
f l per cent payable Jauunry 2.
New York Financial Bureau; Develop
ment* this morning indicate Irregularity
again In the stock market today, with pro
fessional attempts to extend the reaction.
While succps* in some cases would not he
surprising, we deprecate a too close follow
ing down of the actives, though the “suspi
cious" stocks may he sold ou rallies .for a
time. The new* of the day yesterday, ns
viewed comprehensively and collectively
this morning, was unavailing to force a pro
nounced break, and we doubt if It wns n
real cause, for the technical position of the
stock market exhibited vulnerability, ns
pointed out Saturday morning, and this nat
ural recession lias been the result. Pro
fessiousls sell Copper. Smelting, Bt. Paul.
New York Central and hteels because of a
reactionary tone shown without nupport of
Importance yet appearing. The same may
be said of Readiug with the exception that
support'd* found toward 90®91. Also Union
Pacific, whose support Js reported some
where near 115. While Northern Pacific nnd
Great Northern are sympathetic we would
prefer to buy them when weak fqr turns
nt least. Pennsylvania shd Steel common.
It should not be forgotten, have a large
shortage. Tips continue to advise pur
chases for turns, of Brooklyn Rapid Transit
when It Is weak. The entire tone is still
reactionary, but is not "trending" down
ward.
METAL STOCKS WEAK
T THE
MONEY AND EXCHANGE.
New York, Dec. 10.—Money on call
15@25; time loans dull: sixty day, 8<T/
10: ninety days 8@lo: six month, s.
Posted ratee: Sterling exchange
$4.8050(04.8050, with actual buainesa In
banker!)’ bllla at *4.(50694.8675 for de.
inand and $4.8004.8037 1-2 for sixty-
day bllla.
Prime mercantile paper 8 per cent.
London bar allver 65 l-2d.
Mexican dollars 44c.
GEORGIA RAILWAY l
>.ND ELECTRIC CJ.
Itoiton. Dec. 10.—Following was the bid
■ nd liked price of Georgia Rallwiy nnd
Electric Company today: Bid 71; naked 74H;
preferred bid 78; naked, no market.
• LOCAL STOCKS AND BONDS
(Kerlaed by Illllyer Inreatment Co.)
„ , „ „ Bid. Aaked.
Atlanta & TVeat Point B. R...
Atlanta A Weat Point deba....
Atlanta 3V4’a. coupon
1933 coupon
coupon
They Suffered Greatest De
dines On Continued
Liquidation.
Atlanta 4’a. 1333 cot:
Atlanta 4%'s, 1922 c
A.. B. A A. R., R..».
do. preferred.,
Augusta 4*s, 1935
Augusta Factory :.... ...
Central Bank A Trust Corp’n. 120
Exposition Cotton Mills........ 225
Fourth National Bank* 195
Georgia State 4%’s, rsg
Georgia State 4H's, coupon.... 106*4
Georgia R. It. * Banking Co
Seaboard 4’s, 1960...... ...
Georgia Ry. fit Electric Co.... 70
Georgia Ry. A Electric Co. 6'a 91ft
Seaboard Air Line..... 10
do. preferred 19*4
Southwestern R. It. *
Dixie Cotton Mills.
Va.-Csr. Chem. preferred £6*4
JS*
?H4
CONTEST OVER DECEMBER
IS STILL A FEATURE.
-trace of rain or anow.
MABBURY, Section Director.
d Dtcaiiy. Sale., SAOii).
GROCERIES.
RICK—Jap, tb c-nte; teml. WM-;
tend. t(r*y._aceordlng t.> the grade.
fancy
cIIRESTv-'Panr. fnifereant. MVkcfilrorgla
ran. •) nip, Iv o»«»: aalt, 100 |e>nn le. >*•;
ail, greaae, $1.75: e'*1e cracke.-a. CHc lioiind;
te-icn. fc; ...iter, 7e: h.rr.1 .jn.lt. pet
pound, (He; mlt.dper I |«jnnda. «Sk: tntan. *■—- - - —„ , —J
™ ; pound., tl00 mar; I ponnd*. $11; tnnl iranaactiona: Prime crude, f. , .. .
..... leana. $2.M; Limn henna. To; beat mill,, prompt. 28WP28; Jantmry.
-.tchaa p« *ro«, tl.M; macaroni. aHCTa Jannart” sSstirKbruary. »<k«3c.
flo
COTTON SEED OIL MARKET.
Following la gleet* the opening and riming
.piotationa of the New York cotton need oil
market:
ATLANTA OIL MARKET.
The following quotnllenn are luted o
WEATHER FORECAST.
10.—Weather conditions
and general foremat:
The Mlaaltalppl .alley alonn of Monday
morning now- oterat.reada the lower lake
region and the middle Atlantic ntatea. It
hit dlmlnlahed aoraewhat In Intenalty, tl-
though attended by general ralna orer tbe
entire area eaat of the Mtialaalppl.
•t was ntao attended by thunder atortna
In the Went anil Sooth and anow In the
more Northern dletrleta. The weather In
Meatern dlatrleta haa been elear and cold,
except on the north Paclflc coaat, where
rala bna fallen.
Tonight and TYwlneadaT fair and colder
weather li probable In the South. In the
northern portion of thle forecast district
cloudy weather with anow la Indicated for
the lake region nnd northern New York,
rhe weather In the middle Atlantic atatei
will clear tonight and It will he colder
throughout the entire dlatrlet.
Storm warnings are displayed on the low.
I htfeg and on the Atlantic coaet from
the Ilatteras to Fort Monroe.
Forecast until 8 p. m. Wednesday:
\ Irelnla—cloudy and colder tonight; a
• rain In mountain dlatrleta: Wednet
fair and coider ln eaatern porttoua; brisk
northwesterly winds, diminishing
North Carollmt and itouth Carolina-Fair
and colder tonight: Weilneeday fair and
-older la cistern, portions; fresh westerly
to northwest wind*. v
Georgia—Fair* and .-older tonight; Wed
nesday fair; colder In southeast portion;
fresh northwesterly winds.
Eastern Florida—Fair and colder tonight:
probably light frost: Wednesday fair; fresh
uorthwesterly wind*.
Alabama and Mlssfsalnpl-Falr and colder
tonight; protwldy frost In extreme southern
portions: Meiinesday fair; light to freah
northwesterly winds.
Kentucky—Fair tonight and Wednes.
day; colder tonight.
Tennessee—Fair tonight and Wed
nesday: colder In eaatern portion.
Louisiana—Fair tonight and Wed
nesday; freah northerly winds on the
coaat.
Eastern Texas—Fair tonight and
colder. s except in extreme northwest
portion. Wednesday fair and wanner;
light north to east winds on the coaat.
Western Texan—Fair tonight and
warmer, except In southeast portion
Wednesday fair and warmer.
Oklahoma—Fair tonight. Wednesday
fair and warmer.
Arkansas—Fair and colder tonight.
New Orleans, Dec. 10.—The Times-Demo-
crat says: "Ring gladiators sparred * for
time, and yeaterdny'a cotton market was a
not very exciting affair. But the contest
tbe December position may yet Worry
the mistaken calculator Into a frenzy. The
censu* bureau figures showing the quantity
of cotton In comparatively light weight
bale* ginned to-December 1 to have been
8,838,854 bales, against 10,278,868 In 1906. when
the commercial crop was 13,610,000, nnd 8,
689,663 In 1905, when the commercial crop
totaled 11,346,000, encouraged the small crop
mnn, while the magnitude of tbe local
short Interest In the December option nnd
the strength of the position of the Decem
ber long lifted that month further above
January, nnd spread (he Impression that
cotton shipped from New York for local
tenders, examination so far made Indicates
that protest* for rejection will be the rule
rather than tbe exception, In which event
the penalties collected may go a long way
In assisting the notice-stopping exporter
who hn* experienced some difficulty 111
working out hi* hedges because of tbe pre
mium at which spot cottou is held over
futures. In addition to the 2,017 bales thus
far received from New York, arrangements
are reported being made to ship nn addi
tional 600 bales, but exporters say the In
terest It more than large enough to war
rant the liellef that, all such cotton that
may come will be cared for without dif
ficulty. Meanwhile December Is being trnd-
Negro Uncaptured.
WU1 Smith, Ihe negro who shot ajid
killed Oscar Thomaa, another negro, In
a "skin" game, at 160 Elljott street,
Saturday night, la still at large. Po
licemen Roaaer and Posey nre working
on the case, but have fornd no trace
of the slayer. He la described aa be
ing a yellow negro, with one eye out.
Wedneaday fair; frost near the Loulal-
ana and Texaa coasts; freexlng tem
perature In Arkanaaa and In the In
terior of Loutalana Wednesday morn
ing.
RAILWAYS STEADY
Declines Less Than One Per
Cent—London Market
Was Lower.
By T. C. SHOTWELL.
New, York. Dec. 10.—Continual liquidation
of tbe uietrtLstuck* hurt the market today
The selling of these shares is due to tli*
closing down of nearly all of the Amnia*,
mated mines at Butte. Investors fear ih*t
With American mines dosed foreigner* who
can produce i^pper inetal at 7c s pound
will get control of all the markets of the
world and thereby injure tbe United Mtat«*s
permanently. The metal stocks, however
nre censing to have very great Influence
the market, nnd the railroad stocks yester
day showed a disposition to break away
from them. Union Pacific nnd Reading
held firm In the early trading today nrotina
the close of the night before. Railroad
equipment, stocks seemed aiming for lower
levels because there will be thousand* of
men discharged about January 1. The
American Car nnd Foundry Company I*
expected to let 10,000 employee* go nt that
time. Nevada stocks were stngnnnt and
nunouncemeut was officially made that the
mines In Goldfield would be re-opened on
Thursday.
London markets were lower.
Cotton aud wheat were lower.
Bankers who are In close touch with ths
situation are advising their friends to work
on the long side of the-market, buying on
the break and selling on the advance*.
New York* Dec. 10.—The metal sharps
were under particular pressure at the open
ing of the stock exchange today, nnd theis
experienced the largest decline*. American
Hmeltlng opened clown 7 » and lost In *n
1%; Amalgamated dropped % and Anaconda
’Vi, Declines In tile railroad list ranged
from ft to per cent. The latter ws* r*
corded In Northern Paclflc. Reading lost *i.
Union Pacific and New York Central wa*
ft and Baltimore and Ohio ft lower, while
the other* were down ft to ^4 lower. New
York Air Brake dropped a full polut.
Closing bids fellow:
Railway Stocks.
Atchison... ... 71
do preferred 89
Canadian Pacific.. 148 1-2
Chicago and Alton. 13
Chicago and Northwestern..134 5-8
Erie ..
.... 16 7-S
Louisville and Nashville.. .
.... 03
Manhattan "L" ...
...117
Mexican Central
... 14 1-1
New York Central.. .... .
.... 971-S
Pennsylvania...
...113
Reading... ..
.... 90 7-$
Rock-Island...
.... 14 1-1
do preferred .
.... 281-2
Ft. Paul
. ..1015-8
Southern Paclflc .. .
.. 72
Southern Railway
... 13 3-$
Union Paclflc...
..116
do preferred
.. 79
Wabash.. ... .
.. 9 $-4
Wisconsin Central
... 121-1
Interboro-Merto. ... ... .
71-8
do preferred.. ... ...
...19
Great Northern
..116 7-S
Miscellaneous.
Amalgamated Copper .. ,. •• 46 3-8
American Car and Foundry .. •. 32
American Locomotive.. .. .. • • '35 3-4
American Cotton Oil .. .. .« ..'371-3
American Smelt, and Ref.. .. 69 1-4
International Paper ..19
National Lead ...: .... .... 39
Paclflc Mall ..261-4
People’s Gas 77 3-4
Pressed Steel Cor ..191-4
Pullman Palace Car 145
Sugar 102
United States Steel 25 5-8
do, preferred 87
Western Union .. ..’.. 68
Mockay Companies .. 53
do, preferred .. 601-2
Vlrginla-Carollna Chemical .. .. 17
THE LONDON STOCK MARKET.
Amalgamated Copper , .
Anaconda
Atchison ......
do. preferred
Baltimore A Ohio . . . ,
Chesapeake A Ohio . :
Chicago fie Great Western
Canadian Paclflc . . . . ,
Erie
First preferred . . . .
Second preferred , • .
Illinois Central ....
Kansas fie Texas . . . ,
do. preferred . , . . .
Louisville A Nashville . ,
Mexican Central . . ,
Norfolk A Western . . .
Northern Paclflc . . . .
New York Central . . . .
N. Y., Ontario fii Western.
Pennsylvania ....
First preferred . . .
Hecotul preferred . ,
Rock Island ....
Southern Pacific . .
Ht. Paul
Southern Railway . .
do. preferred . . ,
do. preferred . . .
Union Paclflc . . .
IT. 8. Steel ...
Wsbaeh
do. preferred ....
&
115*4 115*.
if
17%: — •
Atlanta National Bank
ATLANTA, GA.
C. E. CURRIER, President. H. T. INMAN, Vice-President
GEO. R. DONOVAN, Canhler.
JAMES S. FLOYD, Assistant Cashier.
Capital $500,000.00
Surplus and Undivided Profits $650,000.00
We Solicit Your Patronage.
THE AUDIT COMPANY OF NEW YORK
the Oldest and Forenotl Corpiralitn Engined in Accau.itn *
Bell Blione 3309 Main. 1310 Candler Building.
HARRY M. RICE Southern Manager.
Edward Moyse- Hugh F. MeElroy. Louis Liehtenhein.
EDWARD MOYSE & CO., Cotton Brokers,
82 BEAVER ST., NEW YORK.
MEMBERS-"-New York Cotton Exchange, New Orleans Cotton Exchange.
Liverpool Cotton Association.
ORDERS SOLICITED FOR THE PURCHASE AND SALE OF COT
TON FOR FUTURE DELIVERY. MARKET LETTER MAILED UPON
REQUEST. CORRESPONDENCE INVITED.