Newspaper Page Text
•me*?*, 1
THE ATLANTA GEORGIAN AND NEWS.
BATL'RDAT, DKCEMBER 12, lout
WEEK-END FIGURES
SHOW LESS BEARISH
Caused a Better Opening
Than Had Been Expect
ed on the Cables.
■ ■ —
EDITED BY
Joseph B. Lively
DAILY MARKET NEWS I
Mh Lively'# tWNtf flTe years' expe
rience of editing markets In Atlanta
and the South naa made him a rec
ognised authority In his specialty.
yCW YORK. D«c. 18.—The market opened
better than liad been expected mi the ca-
I»cing helped by wcok-end figures that
were much less bearish than heretofore.
There was fair nclllur: hr commission
houses, which traa partly onset by room
raring mid buying of fate months for n
reaction.
to 12 points shore the Aral quotations of
Friday.
Estimated receipt* llor.d;^
New Orleans . . . 0,000 to 10,500
Honston 17,000 to 18,000
Oalreston . . . .18,500 to 21,500
1007.
13,532
12.4)3
10,875
SPOT COTTON MARKET. ♦
Attnnta. qnlet: middling
flafveston. quiet; middling 8 13-18.
Norfolk,
Mobile.
Hnltlmoro, noinlnnl; ndddlititr 9c.
Roalnn. quiet; middling :*.l».
rhilndelphtn. quiet; middling 0.35.
Memphis, steady; middling 87*.
At. Ixuila. tpilet; middling 97i-
. .. .. ... a. nul .. „
I.nnlsrllle. firm: middling 97».
Little Rnek, steady; middling 874.
Wilmington, steady: middling 8%.
Charleston, steady: middling S%.
TODAY'S PORT RECEIPTS.
NEWS. AND GOSSIP
fit the Fleecy Staple.
___ *' rora Hayward 4 Clark.
HEW TORE, Dec. 1*—J. s. Rack, * Oo.
LW.rpool du. 2 lo «* lower on 1
't' on ° t,ob " “<> » P"lnt lower on other
sir," n« Wrt":
•’SSois "SuSissssj
^•An.XV'Tpot.^Vnl.^'d'ri
, hu " l , ,h - w « rl<1 '* «r'n
?^?n.«%M , o , o ft A r.'i lr ,* f n . r ,or vT.i*b l i, affla
w"ek Ti” RlT,r mIm ‘m
000 dUcm A h „ : >30.000 to 150,
...II P J ?,*■ Chronicle etyi December I, ns-
srthajts
ass-sr anwf* *•
afg'Sfejr vt.* ft
PyM S'** «nfTiL“ w •b'e'
*"PPly figure. are rerarded
eJ°i-m25 '* '?.* ntnCntlcel podtlon ft cot-
1®P ” Frl'lny. December 11. n. made un lir
Tbe New lork Financial Chronicle: P ’
Thil Lent Laat
Visible inpply ,...4.93.\m 4.74282 4,:«K4
American 4.191,(09 4.042m 1,270.1-4
111 light. week 522,477 200,712 452.047
Rlmm September I..7.1722S7 6.«43*410 6.4220M
I ort Marks 1.022210 i:092.27l S6UBJ
m-zt *m«i
Tbe following table shows receipts nt the
ports:
New Orleans.
(*alreston. . .
Mobile
Savannah. • • #
Chsrieaton. . .
■\YHmlngtcm. .
Norfolk. . t
New York. .
Boston. . . .
Phllndelphln. ,
"YotiTT
To, All”
18.823
1.723
lo.nat
1.30|
3 JIM*
4.823
1.079
m
10
1907.
17.028
18.783
3.573
11.027
1.158
2.607
2,918
INTERIOR RECEIPTS.
▼he following table shows receipts at In-
’or points:
i»r
Houston.
Augusta.
Memphis.
St. !.nuls. .
Cincinnati.
Total. . .
T5.0O4
2.550
6.402
7,737
HW.’ ‘
1.643
4.826
1.7M
32.258
Rxports 386.115 366.612
{»£• r rV e,p, "a 323.797 248:569
Int. shipments IlftO.Ofig 291433 221 167
lutcrlor sto<>ks .... 961,451 841344 523*836
NEW ORLEANS. Dec. 12.—-Hayward ft
2«k* .,^*7 good* reports sre getting less
optimistic. The latest says the market Is
generally qnlet. The edge is off the recent
Pf,f5*,r°’goods. Cotton yarns art
STBuROMT'Si 0 b w . ln Li;b'*!" ,!,, ' 0 ' ,n,
Lirerpo^cshles: "Undertone easy despite
jWtcred buying throughout the session by
New York to support market."
Market opens steady. Short corering orer
the week-end and some buying on the better
Liverpool and bullish takings may cause a
little rally..
.. , 8 P°i market reported eery doll. Don't
think enmt.tlon. will be ehanged.
HEW YORK, Dec. 11.—J. 8. Barke 4 Co.:
Upon higher cable, cotton opened 5 to 7
point, up. and except for a little dip early
to within a point or two of last night, price*
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
•BY PRIVATE LEANED WIRB.i
NAME OP STOCK.
Amal. Copper. ....
Am. Ice Bccurttlea. .
Am. b'ugnr ftsfilMI. .
American Smeitlag. .
Am. Lncoiuotlre, • • .
Foundry*
AmerUnn Woolen....
American Cotton Oil.
Auucondm. • ••*•••
Atchison. , , , , ,
do. preferred. ....
Atlantic C. Lin®. . . .
Brooklyn Rapid T. . .
Baltimore A Ohio. . .
c.. C.. c. 4 82 L..... .
CbeKpenke 4 Ohio. .
Lnnadlnn Pacific. . . •
Consolidated ilia. . .
Central Leutber. . . .
do. preferred. ....
Colorado Fuel 4 Iron.
Colorado Southern. .. .
Delaware 4 Hudson. .
Pfow 4 lllo Uranda.
Dlhtlllern Securities. .
pifiprrpa. ... • .
General Electric
Great Weetcrn
(treat Northern jiM. . .
ureat Northern nM.
final Northern Ore.
Illinois Central.
Interborongh. .
do. preferred,
tvonsaa A Texas,
1 i
M
NAME OF STOCK
DM.
Lou Is vl lb* A Nasttrllle.
Missouri Pacific. . . .
New York Central. . .
Northwestern
National Lend
Norfolk A Western...
Northern Pacific. . .
Ontario A Western. .
Pennsylvania. . . • •
Pressed Bteet Car. . .
Reading.
Rock Island
do. preferred
Republic Iron A Steel,
do. preferred.
Southern Pacific. .
Southern Railway,
do. preferred. • •
A*. Paul
Stoss-Sheffleld. . .
Tenn. Copper. . ,
12*\as raffle. . •
Third Avenue
Lnlun I’nrlflc. . .
'*a. Car. Clicmlcsu.
V. t*. Rnhoer.
do.
U. 8. Weel. . . .
da preferred. .
Western Union.
Woteinghottao She.
TIPS PLASHED
Prod. lVall Street.
By T. O. 8HOTWBLL.
Prom Hayward A Clark.
NEW YORK. Dec. 12.—J. S. Bsehe A Co.:
Americans In laondon heavy. •
Increased gold exports with heavy cash
loss Indicated on week’s movements of cur-
reney gave rise to doubts as -to maintenance big feature in the early trading In Wall
°* twi rates. Call money touched 3 per today, declining almost 2 point* in th
cent. The showing to be mad# by ths banks half hour. Its weakness unsettled th
will probably ssert some influence on tbe snee of the list and losses of a p
market next week. Th# talk of a reduction thereabouts were recorded in thoso
la KnglUh bank rate can be offered as a The decline in Smelters is said to be due
partial offset, but no certainty as yet in that the operation of big interests who are
direction. The bnll managers switched oner- stood to be looking for the scalp of _ _
•Hons to the tractions and some of low- ton operator who nas been caught long
R riced industrials. Heaviness in steel stocks the stock. Tbe strong feature of the mark
i a deterrent factor. Look forlsotne irrogn' was the traction shares. Interborough Met
isrlty, but no material weakness in any dfrec- polltan common rising to 1774 ami the
Bon. ferred to 41%. Brooklyn Rapid Tr
Carpenter, Baggot A Co.: Market promises stock opened a trifle lower and sho
to be irregular with some weakness displayed, disposition to share in the strength
Many traders will even up over Sunday. We terborough-Metropolitsn until snnoum
believe the market shonld be bought on any was made that the public service conm
weakness today, especially the standard [had dismissed the complaint of the Flushing
stocks. We have unusnal reasons for believ-[ Association against the Brooklyn Heights Rail
SMELTEBS LEADER
IN EARLY DECLINE
Unsettled Balance of List.
Fraction Shares the
Strong Feature.
tha
Iron should bs bought with expectations of
a vary material advance.
Dow-Jonea Company: President of Union
you.
Bre»Jdf n £etween the pxesident 'and eon-
‘ i alfli
NEW YORK
Following Is the range In cotton fntnrea In
New York today;
•j )e(\.
.Inn,. .
Feb.. .
March.
April. .
May.. .
Oct., .
(Mooeil steady.
a
S.71
8.55-56
M 18.55-57
8.66 8.65-66
H 18.65-67
*.7"-7:
8.70-M
8.6143
8.48-52
8.S5A1
Is
781?
149-50
8.52- 541
1.65-66
8.62-63
8.61-62
8.53- 54
A 40-45
3.42-43
LIVERPOOL.
^ . -«nge.
Decfrohrrjxn..'.'
Jannarjr-Pnh 4.51 -t.fl
'".hruarr-Marrh. 4.61 4.67
arcb-Aprll 4.61 -4.U
Cloif.
w
4.63(4
is
Attftuat-twpt
R.ptrmlier-Oet.. 4.61(4
Octobar-Nor 4.46 -4.49
4.63(4
4.61
6J6
Cloanl barclf almdr-
4.46
446(4
NEW ORLEANS.
Following Is the rnnge In cotton futures le
New Orleana today:
Bee.. .
Jnn.. .
Feb.. .
March.
April. .
May.. .
8.67 8.6T
A 60 - '
Kii
closed steady.
m
3.591 8.67
1.63*8:73
it
8.73-71
8.59
AM-56
ASS
8.60-fl
8.65-66
S.6S
8.74-71
8.38-36
ruled firm and closed about 10 points net
higher for the day. The better Liverpool was
no doubt du# t«» the favorable week-end fig
ures. showing world's takings of American
80,000 bales in vxcess of the same week last
year, and an increase in the visible of Ameri
in of only 142.000 bales. The Fall River
port was not an good, but The Chronicle
pointed out (hat Deeember was usually a dull
NEW YORK, Dec. 11.—The paasing of the
government's reports. Instead of clearing up
the situation, sterna to have left the trade in
greater doubt, and while at first the eatimate
figures seemed to be regarded aa bullish, after
more deliberate consideration, the trade
seemed to Ignore them and looked more at the
present movement, which continues enormous,
month In the goods trade, but the decreased
sales were not worrying dealers. Memphis
reported a good inquiry and that fsetors*were
refusing to sell exeept at 74 to 74 e above
the Memphis offieisl quotations. Until the
general situation changes, we do not look
for any greot ehange from this level of
prices, but believe in purchases on favorable
opportunities for more or less of a long pull.
states, *ay that we are not bearish and consider this
..... 1 show more cotton having pasted
-thru gins tip to December 13 than the gov
ernment la Ba eatimate allotted to these states
for their total yield. If this be true and
aueb s condition is established, the world
will ignore th# estimate entirsly and look to
swings, which will enable students of the situ
ation in time to buy cotton at such values as
will insure them a handsome profit in the
near future. This is the end of the foer-
r ivbtm*i wi i vii o i n mo i ivg -r
Cotton Movement.
Secretary Hester's statement of the move
ment of cotton during tbe past week shows
an Increase In the movement Into sight com
pared. with seven days ending thle date last
year, In round figures, 81.000, an Increase
over tbo same days year lx*fore last of 17,000
U»cr iui! iflinr iinji ym iwiurr inn ui n,vw
and nn Increase over the same time In 1906
of 143,000.
For the 11 days of Deceini»er ths totals
show nn Increase over lest year of 23L000.
an Increase compared with tnc same period
over tlie sntne time In 1901 _
For tbe 102 days of the season that have
elapsed the aggregate la ahead of the 102
days of Inat year, 1.94L000. ahead the same
, i.jh.uw, nunui iiir wuir
last 663,000, and ahead of
by 1.106,000.
The amount brought Into sight during the
not accurately before* us,"’ thY’in toYfg ht «Tlm/Vn^sff^iind * f or the * l^da va’^f
"»«•“ *• W,M ortt 7.000.000 .ltd than m.r {S2S»iS2. V tmt'Si.ii.. (Shh
the movement as an Indicator of the total
yield, which will not encourage support for
the present. On the ether hand, there are
NEWS WAS BEARISH!
START WAS LOWER
Opening Waa Near a Cent
Lower, Rallied Later
7-8 to 1 l-4c.
ST. LOUIS CASH QUOTATIONS.
Wheat—No. 5 red winter
Corn—No. 3 ,
Oats—No. 2
CHICAGO, Dec. 12.—Easier cablet, favors-
LONDON STOCK MARKET.
Followlmt^are London quotatlons today
Amalgamated Copper .
Annronda
ns today:
jopenlcloi
I'lrirrrwj ,, ,,
Baltimore and Ohio.,
do. preferred
—Pacific
Denver and Rio Grande.,
do.* preferred
Erie
do, first preferred .. *;,
do, second preferred .. .
Great Western
Illinois Central
Kansas and Texas
do. preferred
Louisville and Nashville..
Mexican Central
. da preferred
New York Centssl
Norfolk and Wtttern.,
do, preferred
• and Western
iiiiMriuriti r.ii i.wuu.uuu inu witrn mmj
he another two weeks of this heavy movement.
the expectation of the crop being well
under 13,000,000 bales. These operators may
decide on further allowing In the way of con
tinued heavy movement and another largo
gtaners' report, to bodge their accounts or
even them, or to in s measure reduce their
linea. This will, for the time being, remove
the principal support from the market, for
the South and Liverpool have beeu constant
sellers for weeks paet, while the North, Hast
and West hare bean absorbers of their offer
Inga; therefore, we may set a lower market
temporarily until values reach s point that
will attract ths more conaervatlve buyers. In
calling attention to ths sltostlon, ws wish to
Idlng tl
out the cotton growing section will become s
factor in the market and we do not think
_ (able to the world's manufacturers at
prices under 2 cents a pound advance, tho
we may aee temporarily lower prices until
this liquidation U finished. The distant
months era attracting moat attention, for if
that is true, as our advice* Indicate, that the
acreage will be greatly reduced next year
by planting oats and corn In th* eastern
sections, and due to necessary phnting of
something else other than cotton on account
of th* weevil in the western part of tbe belt#
irices will look very
or th* new crop materialise.
FARMERS AND TRADERS' BANK
239 Peters St.. Atlanta, Ga.
DEPOSITS INSURED
4
PER Interest Paid In Our Savings Do-
CENT partment, Compounded twice a year.
December It has been 971,902 against '
same time In 1L...
Tho movement since September 1 shows
receipts at all United States ports 5,313,833
against A950,760 Inst year, 4,312.020 year be
fore last and 4,434.6& same time In 1906:
e the Mississippi. Ohio nn<!
to Northern mills and Con
Inst 216.119 last yesr. 468,221
ndn 626,008 against 216.119 last yesr, 468,220
year before last and 351,906 same time In
1906; Interior atoeka In excess of those held
me weather and a little larger receipt* in ivnnsvlrsnla
the northwest than last week caused n de- Rrmllng
rllne of HP?4e In wheat at the opening, .finnthrrn' Pacific *’
B.rtl,tl A TlTt,n .Southern ItnireV'..
vae some buying, f j 0 nrcfnrrMi
at the does of the com mercul year 681,014
ngnlnat 184.312 last year, 6 *
last and 671.950 same time
and 806,627 tame
883,116 year before
me In 1906.
These make the total movement for the 102
days of tbe season, from Heptember 1 to
date. 7,300,116 against 5,360.114 last year, 6,-
642.641 year befora last and 6,166,1M
time In 1906.
ear. making t
l 3,^37,415 ngnli
■K of *41,731.
Inst
rtod last year, and their total takings since
Heptemlier 1 have Increased 174.100. The to
tal takings of American mills—North, South
and Canada- thus far for tbe season bars
been 1,157,828 agali
These Include t
ngnlnat 802,268.
Stocks at tbe seaboard and ths 29 lending
Pop them Interior centers bare df
Atlanta National Bank
ATLANTA. GA.
C. E. CURRIER, Pra.ld.nt H. T. INMAN, Vlc»-Pr.«ld»nt
CEO. R. DONOVAN, Chl.r.
James s. floyd. A„i»unt c»«hi.r.
Capital $500,000.00
Surplus and Undivided Profits $750,000.00^
We Solicit Your Patronage.
X. I. Oirp-nlrr. 1. N. Carpenter. Atmore L. I!e»«ot. Ft.rrett T»te.
CARPENTER, BAGGOT A CO.,
17-21 WILLIAM STREET (Ground Floor), NEW YORK.
New York Stoek Etrhanjre. MEMDI.IIS. rMjHg|>M*
fo WS £SSSR fegfflgSSff
bo'*/°G I ^| r ERAt , BROKERAGE BUSINESS, CORRESPONDENCE INVlVeD
duRnc thr wrek 1.1M hale* afktnet in In-
rre„<7dnrlnc tb. cnrrrepondltif period U.t
eroeoR of 10,410 and are Bow 4M.4M moro
Umb et this net. In 1M7.
iBrlndlnc ,tocka left orer at porta and
liurrlnr tnwna from the last crop and tho
tha low point. Thla biil*o rauaed acatti.reil, f n |, n ], nr 'i« r
coramljaIon house aellln* and the market (lni preferred" '
,'o almot reaterda, a rloaa. Tho (TnlteHl Htntea Btrel
market la rather nerrona. do nreferre.1
Wheat ctoaed onl, (4G(4c ahore Ihe I n-„?"'.J’ rpr " re " ••
reallnf spots of yesterday, tint It show
reaction of l!»c from tho bottom price
rearhol. Corn and oata each advanced (4
6He and provisions were stronfer.
OBIOAOO 0UAI4 MAKK11.
Day's ran an la fotorea In Chlcar
las:
Previous
Open. nt*h. Low. Close. Clow.
te * « b 1 9
t.ORN—
I B 8
Deo.... — -
"fe- 88
Dec..
47
Jan... 9.11
hm-'™
i'.ii
».I7(4
Ho™
»;“(4
II
a
16.6774 15.65
16.00 11.0^
if !l
i.u a.u
1.45 (.45
do, nvoforred "
loan
'SS
%
■■H . jslon in his mss<
sage continue* to widen. Today’s exports
bring the total ontward gold movement up to
$5,400,000. Ameriean Tobieeo offirials pre
dict that earnings or 1908 will exceed 1907.
Lake Shoav has now sold all Its 114.000
.shares of Lehigh Valley, mostly In the open
market. Colorado and Southern surplus for
four months more than meets the year's divi
dend on preferred shares. Dun'a review saya
mercantile collections are more prompt and
ruum(in
industry. Bradatreet’a saya regular retail
trade and usual Christmas shopping demand
have not yet met eapeetstlons at many points.
earning enough to justify the old 5 por cent
dividend rate.
Wall-St. Topics: Reactionary sessions auch
aa were experienced In the stock market yes
terday are to be expected. Route** of In
formation, praumably well posted aa to the
intentions of present market interests, still
maintained, however, that nothing more serl-
Ti reactionary operationi as those
need be anticipated, as support
cooling whenever th# market is
In need of it. A trustworthy source advises
that the important speculative interests ate
at the present time adding more to their
holdings than they are disposing of.
"Hu-
on theae reactions," la the advice
In some
quarters II la now suggested that the
standard issues, rather than soma of the
NEW YORK BANK STATEMENT.
NEW YORK. Dec. 12.-The weekly atnte-
tnonf of tho New York Associated Bnnka
shows tho following change*:
Furplu* (old), decrease 133.272.150.
I^miiih. deercnKi
ffpecle, decrease $8,746,000.
Legal tenders, decreehc 8115.800.
Deposits, decrease $15,534,600. i
Circulation. Increase $529,300.
United States denoslts. Increase $461,000.
Total loans. $1,339,647,400.
Total reserve. 8369,049,100.
I IIUII ICFITII'.
Surplus. II6.899.62IJ
Surplus, not i-ountlng^W^'
United Htntea deposits, $19,199,900.
CLEARING nOUSB STATEMENT.
House Association:
Thla rose
whirh immediately became active
K int to 57%. At the end of tho first half
ur of trading tho standard railroad ahar.-i
had recovered their lost**, but another »tta<-V
waa made on Bmeltera, which forced it down
to 87%, a nat loaa of over 3 point
» o»7», rn NB( Nil UI U _ _
had a depressing effect on the reat of
market and caused a decline of 74 in nearl
all issues.
In London American atoeka were heavy be
cause of the lack of support. On the New
‘ wag-
York curb market trading waa dull
-.. Jar the leadership of New York* Cen
tral, which made n new high record nt 121,
the general market cloaed strong and active
nt nhout the l»eat prices of the day.
The bank statement showed a loss of cash
of $7,165,803. Deposits decreased $15,534,&*)
and loans decrenned $7,597,900.
NKW YORK, Dec. 12.—Moat’of the stocks
traded In the first few minutes showed some
easing off hi prices, with decided strength
In Iiiterltornugh-MctroiMilltnn issues and
Rending and weakness In Aroerlcnn Smelt
ing. Tntcrborough-Metropolltan common,
preferreil and 474 tmndi were In rock! de.
iiinnd and made fractional, advances, reach
mg n new high rnuge for this movement.
There was no Important change In the tons
of Ike market.
Closing bids follow:
Railway Stocks.
Atchison
do. preferred ..
Baltimore and Ohio
Canadian Pacific
Chicago and Alton .. .. ,
Chicago and Northwestern
Colorado Southern . .. .
Denver and Rio Granda .
do. preferred . ., .
..103
..110
-.17774
Erie
Illinois Central
Louisville and Nashville .. ..
Manhattan "L*"
Metropolitan Street Railway
.. 82%
.. 3574
..147%
Mexiran Central
Now York Central
Pennsylvania .. ..
Reading
St. Paul
Southern Pacific ..
Southern Railway
..130%
.. 35%
..188 74
Wabash
Wisconsin Central
Interboro-Metro
do. preferred
Great Northern
Miscellaneous.
Amalgamated Copper .. .. .
American Car and Foundry ..
el
.. 18%
.. 30%
.. 1774
iiuau
American Locomotive
“*! 'SS
lM(tl ---
S4HI 54
111% 11274
(Ac»I Stock, ,n. Bonin
Atlinfn Cool A Ire,
Atixtitn root A Ire g*(i
Atalnta Htrrl Jp*
-}!!«"!• Drewln* A Ire rn..,..'.'. - ..
«'ret Point <loh!,...-;:i(*
JJIf
Jm
Atlantn
Atlanta
Atlanta
Atlantn
Antnatn
Anatutt Poctncy...
l A (V
> IH*.
f m
106
m J.Vt
Central Bank A Trust Coro Ill
K x posit Inn "CoTto‘n* ^MIHs.^ I!" * 'tan
Fourth National BaSt.!:
a- ff. * felee
H Ga. By. ft Else, nfd . '
fiF. 4k Eler. In !!!!! ,«
!;• »• g- * jB«nkini co
!/*'"• R- ft Bonking Co. now 4a tzu
foutbwestern Raflrfiid!..!.i&f 1
Lomj Notional RaDk..., M## „::{S
..16$
... 81
.... $3
102
•St
m
Monday ....
Tuesday m
Wednesday
Thursday ..
Friday
Saturday
m. *1 190f
^1,3IS.2!4.M $1,133,031.17
989.410.55
940.974.38
919.979.86
673.268.60
Total, week,...,■..,.|$6,07Mlt.4)|fcl.^20.9li.(6
NEGRO MET DEATH,
CITIZENS BELIEVE
Am.rlran Coton Oil .
Amvrlcn Sm.ltinj and Refining
do. preferred
.. 8.1 r;
... 47(4
.. 57(4
Fuel end Iron .. .
Oenrrnt Kleotrie
National Hfxrult .. .. .. ..
P.rlfie Hall
People. O.i
Preraed Steel Car
Hloax Hhefilrld Rlrel .. . .
fionthern Pacific, preferred
Roger
United States Steal .. ..
8TATENVILLE, Ga., Dae. 12.—The
belief In general here that the negro
outlaw who, after breaking Into the
home of Flnher Belotn, fled Into the
nwampg, puraued by a mob with blood
hound., waa overtaken ond put to
The hound, followed the negro Into n
nwamp acvernl mllen away. The ponne
disappeared for two hourn and then re-
appeared with the significant state
ment that “the negro will make no more
midnight raldn. Their statement
stopped all further pursuit.
Harper Belote, a little boy, Bred nt
thr negro aa he ran.
8000 All Phones Lead to
Georgian WantDept.
do.
..133<4
..133
.. 54%
..112%
Yirginfa-Caro'lina Chemical
do. preferred
Weatinghous# Electric ..
Republic Iron and Steel
do. preferred .. ..
MONEY AND EXCHANGE.
NEW Y<$RK, Dec. lt-Notblng snbl In
money today.
Posted rotes: Rterllng exchange
4.87EO. with nctunl business In bnnkers' bill*
at $4.871»«r I.S7I5 for deinnud and $4.sww
4.86 for sixty-dny bills.
Prime mercantile paper unchanged In
rates.
n tea.
C’mnmerdnr bar sliver, 43%c.
Mexican dollars, 45c,
MIN IN O STOCKS.
Ureeue-Csusnen I
Franklin 27%. Hineltera preferred 46%. UI
Apex 5%. Nevndn r<iusol(dat»il 23%. Shaimo
17%, Calam
dumet-Arlzonn 11874-
CHICAOO CAB LOTS.
P»*
World’s Vltlbla Supply,
Secretary Heater's statement
world's visible supply of cotton for Abe
last year and
an Increase of 133.371 rear before last.
The total vlalble la 4.900,5« against 4.689,
1 ur mini iimuic im gfaiugi l.niVi'
426 last week. 4,170.147 Inst year and 4.718,499
yeor l>efore Inat. Of this tha total of Ameri
can cotton 1* 4.152,508 against 3.W2.425 Isat
week. 3.300.271 last year and 3.848.499 year
Car lota today and estimated tomorrow at
\ Today. I Tumorrofr.
Wbret. . .
Corn
14
191
144
10,000
tl
ifi
67,000
Hog#, hrm!
■OBTBWBIl OAKS.
Minneapolis.,
IN
WITfit Mini Jx hr •aai-i a,J - ag
before last, and of all other kinds. Including
Egypt. Brasil. India, etc., 748,000, against
697,000 last week. 869*176 last year ana 180*-
000 year before last.
The total wortd'a visible supply of cotton,
■g alette, shows an Increase compered with
last week of 211,* A an Increase compared
with Inat year of 780,161. and an Increase
The American Audit Co.
' Homo Office, 100 Broadway, New York City.
/ F. W. LAFRENTZ, C. P. A., President.
THflO COOHEU, JE., V-Pre». and Sec'y.—A. P. LAFRENTZ. Traaa
BRANCHES!
BRANCHES:
NBVf YORK—Waldort-AglorlA ATLANTA—Fourth Nath. RW. BWg
BOSTON—Excharjf. Bullfllag. CHICAGO-Mamuef.. RulMlnr.
WAfiHING TON—Colorado RulUIng. PHILADELPHIA— H.llevu.-Etratforfi
NEW ORLEANS—Hcnnen Building. BAN FRANCISCO—Monodnock.
BALTIMORE—Kl««r Building. LONDON, ENO.—4 King Strut
RIClIiiOND—Mutual Building.
I ATLANTA BRANCH. 10IS-17 Fourth National Bank Building.
f 0. B. BID WELL, Resident Vice President
Cablo Addreu. AmdlL Now York
00 yrer before teat; India
ttn,«n against JM.OOO laat yrer awl
yrer iH'fnrp List, ami In Ihe Ilnlfnl Htntre
against 1,411,000 Mat yrer and 1470,-
003 yatr Mure last.
Spinn.rs* Taking,,
Rrerettry Hretre ttirrj th. taking.
Amrriren rottw l.y aplnntra tbrenghout tha
world aa fnllowa In round namhore:
Thin wrek M.a» thla yrer .gatnxt 50,000
Total olnre (kplrmli-r l Hits yrer 4.U7.000
ngnlnat S.404.000 laat yrer and 1710,000 tho
rrnr lirfore.
Of thla Northern aplnnrra and Cannrtn
took l.m.om I in Ire this yrer against Og.000
laat yrer oud K6.C0Q tho ymr Imfore; Boulh
—ra IM.000 agafnat (S.OOT Inat year
tho yrer More, ami foreign apln-
** agalnat l.g*— 1 —
yrer More.
COTTON 8EED OIL
Opening and closing (inoratlona In New
Opening i
Torn today
LIVERPOOL OEAIN MARKET.
NSW YOBK COFFEE MABKET.
Follonrlng are co gee naotatlona today:
I Oponlng.TClosing.
NAVAL 8T0BEI.
SAVANNAH, Dae. 1*.—Ta
ardent!
water white, ft.50; window, gtxa. (4.40; St.
(Ut: M. (5.M; K. f5.)Ofl, 14.15: B.
ti.ti; o, it, fi.or(4: r, ij.os: B, D, c, n,
THREE DISTRICTS
IN CONVICT SYSTEM
To facilitate the Inspection
f convict
the state of Georgia into three dis
trict?, to b« known as th* Northern, th#
Boathweatcrn and th* Boutheattcrn districts.
rut, Intpartar Bark, will
, will kara charge of lha
Irelhretttni flatrWt.
Th. tuipretor. will b. held reaBonalhl. far
th. c.iup< In thalr rexpretlra dlatricta and
will be required to nt.k. Iknrougk and aya-
itle ikport. of tk.tr amnthly iniprrtloas.
Xra.abocko, Mala 174.
CU>.ed weak, kales. M04 liamiaT
$670,000
CITY OF SAVANNAH, GEORGIA,
FIFTY-YEAR H1-2% SINKING FUND GOLD BONDS
Duo February 1, 1959. Interest payable February 1 and August 1.
In coupon form of $1,000 and $500. each, with privilege of registration.
The*e bonds are part of an laiue of |S,4I3,060 which have been sold by tbe City to refund 12,610,000 bond
maturing on February 1, 1909.
Exempt frotn taxation in and hy the State of Georgia.
Validity of the iaaue approved by Messrs. Davies, Stone & Auerbach, New York,
and by Me*arg. Garrard & Mcldrum, Savannah.
The total bonded debt of Savannah on January 1, 1909, waa 91,991,0(0, while the total usr.jned valuation of
property subject to taxation waa In excess of 147,000,000. The ontire d.bt is, therefore, only 6 per cant of tho total
valuation. By provision of the State Constitution the debt la limited to 7 per cent of assessed valuation. The city
owns It* waterworks, entirely free from mortgage indebtedness, which cost about 11,500,003. Without allowing for
Ita City Hall and other buildings, tho uncovered portion of tho debt la, therefore, very small.
The bonds are subject to the operation of a -Inking fund amounting to at leaat 1*5,000 the (lrat year and In
creasing by nt lenat 91,000 yearly thereafter, which will retire the larger part of the Issue before maturity. Bonds
art not callable, but mutt bo purchased for tho oinking fund In tho open market.
Having purchased the above bonds with the United States Mortgage & Trust Company of Hew
York and Messrs. Proctor & Borden, we offer them, subject to prior sale, for delivery on or about
February 1, 1909, at ’tbe price of
108 1-2 and interest, yielding about 4.10%.
8ubject to the gale of the above bonda, holder* of th* old bond, who deilre to exchange will be allowed a con
cession of 1-4 per cent. Such holders should deposit their bonds without delay at the office of the undersigned,
ex the February 1st, 1909, Coupon, In return for negotiable temporary receipts exchangeable for new bonds on or
•bout February 1, 1909, upon payment of $82.50 per $1,000 bond and $41.25 per $500 bond, representing the pre
mium upon the new bonda.
Holders of the old bonds who desire to sell in advance of maturity may cash their bonds at the office of the
underalgned at a price to yield the purchaser 4 per cent till maturity, auch price representing a premium of about
$2X0 per $1,000 bond on December 1st, 19C8 (100.20 ond accrued interest), and gradually daclining thoreaftar until
It vanlahea on February 1, 1909. • Thla offer la subject to termination without notice.
Deposits received and order* executed la
Baltimore. Md.. by
Guaranty Trust Company
Messrs. Alexander Brown O Sons,
and In Savannah, Ga., by
OF NEW YORK
■
The Oglethorpe Savings & Trust Company.
28 Naisua Street, New York Oity