Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, December 10, 1907, Image 14

Below is the OCR text representation for this newspapers page.

'•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.