Newspaper Page Text
818 MARKET OPENI JIGS
COTTON.
A I 4 Better cables
' ,!.<• improved foreign sit
,, tlie cotton market here
ni:h first prices eggre
c • ~ , ~ims advance from last
8 '■ : , ,ivj imying orders at the
■ . ibe advance. Liverpool
" ra.h i s bulling on scarcity
ca . -tiling pressure which
i-. last hour yesterday
”, . which was a stimu
«.•• ir g< r spot interests led
\etnent. After the call,
i light charai ter. with
■ ,au the initial quota
prl( .„s '.I >
. | (.rp- I quiet; spots flrm
: ~.i . ,-mand.
NEV-’ YORK.
... . ~ .otton futures:
T 11 :<)(>• Urey
<ip< n'Tiigh low 1A.M.1 Close
7 12.47112.47112.38-37
in I i ' 12.§8 12.63 1:..44-50
•;ii . 7' 12.11 12.72 12.50-60
: •> 53 I
■ .;7 i' J' i j j)4 L2'66 1L53-55 j
•n 1 i'2 12.59 1.2.61 12.46-47
..51 12. t:> 12.51 12.33-35
' -.'• 11.85 11 .85 11.72-74
' . "
MEW ORLEANS.
11 u r es:
ll:00| Ptev.
H ~ Low X.M.I Close
7 1 . jil-63
, • 12 73 12.78 12.73 12.77 12.62-« i
Ffb-iuir 12.65-67
xo K.XS 12.80 12.82 12.68-60
. 12.'.'.: 12.83 12.1'0 12.77-7.8 |
hr . 12.80-82 I
July . BJI2 .02 12.1'7 12J97 12.84-85
GRAIN.
!.»• 1 I cables
wire i ■ I'.imiiiK weakening factor in
i ■ g and prices declined
\ ■ • ■ cipts were condid-
< ■:* !' it t\<t -s i ok ago. as well as
i tions in thi Ar
gei'j'Y.f lb i'i'lilic were favorable for an
eai.' i’! 1 ' < ii; ,! i;i. as ibe wheat is being
cut il’t-r- :is rapidly as possible. Pecem
hr;-w •h <’i.i(ago held rather steady
< ::i : ; s't’criib]p strength early
In the da?, a- the offerings were only
iibt.eHilt .Hi. shorts were the buyers.
T! > !• a ; h: open inierst in the May.
(tats were ’«<• to tjc lower.
Ilegs wt r< At- lower at the yards un
♦■•••<•{ ■ »: head, and provisions
wen : 5c lower in the pit.
CHICAGO GRAIN MARKET.
Grain quotations:
Open. High. Low. 11 a. m
WHEAT-
be- .. . v- s sj :, 84- H 84%
Mat . • 11 i 'jOU S’o l **
•Ll' 87s 87% 87%
CORN—
b- . ’8 s 48-t 4<S«\ 48%
May . I 8“, 48% -18% 48%
M>’■'•% '»«% 49% 49%
Dec . . ::i\ :;i 341*
llai . :t_\ 33 82% 33 '
Jui 32g 32 L S’*.
PiJllK-
lan. . . :••.'7'.. 1 . 171.. 19.171.. 19171..
Ma.) V.’.c.. 15.57 L 18.57 L IS 57’”
LARD ’ " '
lan. . .10.55 1 0.55 10.55 1 0.55
'la; .1' 15 10.15 10.15 10.15
RIBS-
tla; • ''.S7'._. 9.87% 9.87’i 9.87%
Now -
r pIHS strong Bank will pay you 4
1 per (‘ent on Savings or a liberal
rate on Certificates of Deposit if left
months. Your money is protected
b\ capital, surplus and stockholders’
liability of $1,100,000.00, and by a
Board of Trustees of unexcelled con
servatism, integrity and financial
standing. Your business will be
transacted with courtesy and dis
patch.
I Atlanta Trust Co
kFormerly Hillyer Trust Co.)
140 Peachtree St.
LV HiLLYER, Capital and Surplus
President. $600,000.00.
Estate For Sale. Real Estate For Sale. I
dilei.n-morris co.
' •inta .National Bank Building—Both Phones 4234.
' . \OOPT THIS? $250 ( ASH AND S4O PER
■|]i|". |‘ !l1 WILL BEY NO. 61 PONCE DE LEON PLACE;
Xc'. i,V XLY <>M< BLOCK FROM PONCE DE LEON AVE
" peai tiei l fixtures, hardwood floors.
i '’"NT, TILE BATH, BIRCH DOORS. ON LOT 50x160
, . ■ W ITII SEVERAL OUT-BUILDINGS. THINK OF
i.,;,' I ?'' nice north side bungalow for this
_2 ! K ,)X TERMS LIKE WE OFFER.
’"—-.tv „ _ ~ .I-,, _ _ — .■■■■_£■■■ JIIM! Ml
( > r , . Y * EY Four Miles From Five Points.
I KE e N F
r . 1 L/ (30 ACRES.)
Ij. A I '"I A X7 1N lIVE MINUTES walk from ear
-*»■ * I x line, in a section that is rapidly build-
1 f~\ » ing up. we have 20 acres that lies well
x.- \ \ | (_) < 1\.7 X7 al,| l wl, l he ready to cut ln small tracts
*» * 1 X by R PCing. You can double your money.
6il k.'.lPlp:- . Price $250 per acres. Terms.
—-mDIXG. REAL ESTATE. RENTING. Loans. Phones 1599.
IW O STEAM-HEATED HOMES.
• i I ." 1 " ,lh a frontage of 79 feel, while llu other oas
. ''lib frontage of 4K feet B.ith are exceptlotiall) well built.
J ' onvenienee; lots are 1. vol and face fl.,- .o'. Priee.
. I’laee, easy terms, ami <i>..’,oO for the eight-room place;
■* ate unusual bargains and mu shuulil see them if you
< modern home.
m. uh , WILSON BROS.
701 EMPIRE BLDG
STOCKS.
By CHARLES W. STORM.
NEW YORK. Dee. 4. —Southern Pacific
was one of the most active stocks in the
list at the .q.tnlng of the stock market
today, advancing la, within fifteen min
utes. After opening at 108 tor a gain of
%. it advanced to 109% within a few
minutes. Traders representing various I
interests bought he stock.
Aside from this issue, irregularity pre- |
yailed, although the possibility of' peace
in the Balkans seemed assured, the dan
ger of an European conflagration had not !
been wiped out by the dfty’s developments
abroad.
Among the gains here were American i
lc" Security California Petroleum 1‘ 2 .
Mexican Petroleum : S to i'g. Missouri I
•’’aclfic ’i. People's Gas L, Western Union (
k. Utah Copper United States Steell
common •%. Amalgamated Copper opened
■'h lower and :i similar decline was noted I
in Union Pacific. Reading, after opening I
unchanged. advanced • V R . American i
Smelting and Refining dropped on the '
first sale. American Can lust the same |
amount, hut later recovered and made 1
a net gain of Norfolk and Western I
was oft Erie was off >.«.
Tite curb market was firm.
Americans in London were quiet. Cana- :
I dian Pacific in London shaded.
NEW YORK STOCK MARKET.
Stock quotations to 11 a. m.t
I 1 'll' Pr v. !
STOCKS High Low. A.M. Cl'se |
Amal. Copner. 83"« R 83 : ’ R 83' s 83 a s 83 3 4 '
Am. lee See. . ISVs 18's IS 1 - 181- 18 1 - j
Am. Car t-'dy.. 59 59 59 59 58%.
Am. <'of. Oil . 58' r 59 58 T R 59 58 1 ,
Atchison 106% to6 7 v. 106% 106 7 s 107
Amer.' Can .. 37 37% 37 37% 37'2
do. pref. .. 122% 122% 132% 122% 122'-
1 'an. Pacific . 265 : \. 265% 265% 265% 265
Corn Products 15% 15% 15% 15% 15%
('. and 0 81% 81% 81% 81% 81%
j Erie 33% 33% 33% 33%i 33%
Interboro 19% 19% 19% 19% I!'%
do. pref. .. 64% 64% 64% 64% 63%
K. and T ‘:B%| 28% 28% 28% 28
L. Valley. 174%.1.74’411 74 17 1 173%
I . and N 145% 145%.145% 145%. 145
Mo. Pacific .. 43% '3%, 12% 43% 43
X. and W 113-% 113% 113% 113% : 113%
North. Pacific 124 124 1.24 124 123%
Peo. Gas C 0... 115% 115%j115% 115% 115
Reading 171% 172% 171% 172% 171’-.
Rock Island ... 24% 24% 24% 24% 24%
do. pref. .. 48% 48% 48*% 48% 46 ,> R
11. 1. and S.. pf. 89 89 89 89 88%
So. Pacific ...IOS 109% 108 109% 107%
St Paul .. .. 115% 115% 115% .'5% 115%
Union Pacific 170 170% 169 7 e 170% 17u „
S. Rubber 66% 66% 66% 66% 66
ftah Copper . 63% 63% 62% 62% 63%
U. S. Steel ... 72% 72, 72% 72% 73
do. pref. .. 110% 11(1% 110%'1.10% 11U%
West, Union . 78% 78% 78% 78% 78
ATLANTA LIVE STOCK MARKET.
(By W. H. White, Jr., of the White Pro
vision Company.)
Quotations based on actual purchases
dining the current week:
Choice to good steers. 1.000 to 1,200, 5.00
@6.00; good steers. 800 to 1,000, 4.75@5.25;
medium to good steers, 700 to 850, 4.25@
4.75; good to choice beef cows. 800 to 900,
3.75% 4.50; medium to good beef cows, 700
to SOO, 3.50@4.00; good to choice heifers,
750 to 850, 3.75414.50; medium to good
heifers, 650 to 750. 3.50@4.00.
The above rspresent ruling prices on
good quality of beef cattle. Inferior
grades and dairy types selling lower.
Medium ic good steers, if fat, 700 to SOO,
4.00414.25. Medium to common cows, it
fat, 700 to 860, 3.25@4.00; mixed common
To fair. 600 to SOO. 2.50@3.25; good butch
er bulls, 3.00@3.75.
Good to choice Tennessee lambs, 60 to |
80, 1.50«i5.50; common lambs and year
lings, 2'54i3; sheep, range, iT«3%.
Prime hogs. 100 to 200 average, 7.50% I
7.25; good butcher hogs, 110 to 160. 7.254 c I
7.50: good butcher pigs. 100 to 140. 7.004/ |
7.25; light pigs, 80 to 100. 6.75%7.0u: heavy i
rough hogs. 200 to 250, $6.504i7.50.
Above quotations apply to corn-fed i
hogs. Mash and peanut fattened bogs Ira,
l%c lower.
»
fHE ATLANTA GEORGIAN AND NEWS. WEDXESDA V. DECEMBER 4. 1912.
SPOT INTERESTS
! BNCECOTTON
Bulls Ignore Bearish Figures in
Reports and Spots Fail to
Follow Decline.
NEW YORK, Dec. 3.—lncreased sales
in Liverpool caused the cotton market
I here to open steady, with January dls
i playing the greatest amount of activity .
I Prices opened 3 points lower to 1 point
1 higher than last night's close. There was
la heavy demand for January contracts by
large suot house traders, which resulted
in a sudden upward movement in this
option of 14 points. Other posittons fol
. lowed the advance, and after fifteen min
utes of trading prices aggregated 11 to
] 4 points advance from the opening tig
| ores. After the call, the market was
1 steady;, with prices firmly maintained at
j the high levels. The selling was small
and scattered, with the buving pressure
I heavy.
Many wires were received today from
the belt stating that spots were not fol
lowing the decline that prevailed yester
day when the market was under heavy
liquidation. This created a fear among
ibe bears to sell short in face of contin
| ued good demand. Heavy buying con
| tinned throughout the early session, and
; it was evident that the larger spot inter
-1 ests were absorbing the contracts. Jan
uary- rallied from 12.35 to 12.58, March
I rallied to 12.67. May 12.60 and July tn
12.55. The entire list during the late
forenoon stood 15 to 23 points over the
opening range.
Opinions differ very widely as to the
amount of cotton ginned to December 1
Some of the most conservative estimates,
such as the national ginners, say 11.850,-
000 hales or over, but many say these
figures are too high. However, traders
are endeavoring to work prices on a more
even basis to meet the bureau report next
Monday. The technical position of the
market is much stronger than for some
time past.
At the close the market was steady
with, prices showing a net gain of 7 to 17
points from the final quotations of Mon
day.
RANGE IN NEW YORK FUTURES.
ii 1 m »'v «i « ‘tv
- j 1.3* u j £0
Dec. 12.26 T'i. 44
Jan. 12.35 12.58 12.35112.49 12.49-50 12.38-40
Feb. 12.4112.49,12.41 12.49 12.53-55 12.40-43
Meh. 12.48 12.61 12.47 12.59 12.59-60 12.47-18
Apr. 12.60 12.60 12.60 12.60 12.53 12.36-38
May 12.39 12.60:12.38 12.54 12.53-54 12.38-39
•'"ne 112.51-53 12.35-38
July 1'1.33 12.55 12.32'12.47 12.46-47 12.33-35
lug. 12.23 12.38 12.22 12.33 12.33-35 12.23-25
Kepi 11.87-90 11.80-84
Oct. 11.64 11.75 11.64 11.71 11,72-74 1 1.65-67
Closed steady.
Liverpool cables were due to come 8 to
10 points lower, but the market opened
easy 8% to 9% points decline from the
final figures of Monday. At 12:15 p. m.
the market was quiet 8 to 8% points
lower. At the close the market was very
steady with prices showing irregularity.
1% points oft to 3% points higher than
the previous close.
Good business reported doing in spot
cotton: prices 1 point lower; middling,
6.'.'od: sales, 10,000 bales, including 9,000
American bales.
Estimated port receipts today are 100.-
000 bales, against 95,396 last week and
102.965 last year, compared with 86,781
bales last year.
i RANGE IN LIVERPOOL FUTURES.
Futures opened quiet and steady,
opening Pr«T.
Range. 2 P.M. Clo=a. I’rev
I Dec. . . . 6.63 -6.65% 6.73% 6.72
1 Dee.-Jan. 6.62%-6.60% 6.71% 6.70
| Jan.-Feb. 6.59 - 6.60 6.60’4. 6.70 ’ 6.68%
I Feb.-.\l< h. 6.58 -6.59 6.59% 6.69 6.67%
I Aleh. -.A pr. 6.57’ -6.58 6.58% 6.69% 6.66
}.\pr.-May 6.56%-6.57 6.57% 6.67 6.65 1 -
; May-June 6.57 -6.56% 6.58 6.67 6.65%
i June-July 6.55 -6.56% 6.56% 6.66 6.64%
| July-Aug. 6.55 -6.54% 6.55 6.64 6.62%
1 Aug.-Sept 6.45 -6.46% 6.46% 6.55 6.53%
Sept.-Oct. 6.32% 6.38% 6 *0
' Oct.-Nov. 6.27 -6.30 6.27 " 6.33% 6.35
Closed very steady.
I HAYWARD & CLARK’S
DAILY COTTON LETTER
|
• NEW ORLEANS. Dee. 3. It looks as
, if the decrease in the spot business at
| Liverpool during the last rapid rise to |
6% pence had been by common agree- ;
| ment. as. today, when prices dropped near
6%d there was at once, a marked increase
in sales—lo,ooo bales; spots 11 lower.
1 >ur market today depended on two pos
' sibilities: The amount of liquidation that
1 would come on it if not supported, or the
I strength of professional support to stem
I the downward course. Yesterday after
i non on late liquidation the market dropped
I 8 to 10 points after the close of Liverpool.
■ Gpening trades this morning were, there
( fore, at an advance of 8 points and as
| there was no pressure to sell at moment,
j general speculation was encouraged and
: general buying caused an advance to 12.70
for March.
Liverpol cabled that A. .1. Buston estf
: mated the crop at 14.100.000 commercial.
It was reported that Mr. Turner, of The
Memphis Comercial Appeal, estimates the
ginnings at 11.700.000. This forecast ranks
with Weld's, and there appears to be a
wide difference of opinion as to the
amount ginned to December 1. which will
be published by the government next
Monday The National Ginners’ says 11.-
850,000 bales or over. Others say 11.700.-
000 bales or under. The current trade
/.pinion considers the National Ginners’
forecast too high and favors the smaller
forecasts. According to Mr. Hester, the
amount brought Into sight during Novem
ber is 2,943.334, against 2.750,018 last year
am. the crop in sight at toe close of the
first three months of the season is 7,269,-
151 against 7.139,816 last year.
RANGE IN NEW ORLEANS FUTURES.
"* 7 “~~~t I ! _» I
It » > Iw** ? ig
• O 1 = J u I £u
' 1 >ec 12.50 12.65 12.50 12.63 12.61-63 12.42-43
Jan 12.47 12.66 12.47 12.63,12.62-63 12.39-40
Feb 12.65-67 12.42-44
Mell 12.53 12.71 12.53 12.69 12.68-69 12.46-47
April 12.71-73,12.49-51
Mac 12.63 12.80 12.63,12.78 12.77-78 12.55-56
lune 12.80-82 12.58-60
1 July 12.69 12.87 12.69,12.81 12.84-85 12,63
Closed steady.
SPOT COTTON MARKET.
Atlanta, steady; middling 12%.
Athens, steady: middling 13e.
Macon, steady; middling 12%.
New t'rleans. steady; middling 12%
New York, quiet: middling 12.85.
Boston, quiet: middling 12.85.
Philadelphia, steady : middling 13.25.
Liverpool, easier: middling 7.01 d.
Augusta, steady: middling 13c.
Savannah, quiet; middling 12%.
Norfolk, steady: middling 12%.
Galveston, quiet; middling
Charleston, quiet: middling 12%.
Wilmington, steady; middlfi’g 12%
Little Rock, steady ; tpiddling 13c.
Baltimore, nominal; middling 12%.
Memphis, steady; middling 13%.
St. Louis, steady; middling 13%.
Hous’on, easy: middling 12S-16.
Louisville, firm; middling 13%.
COTTON MARKET OPINIONS.
Logan A Hryan: Until this flood of
liquidation has subsided, we suggest cau
tion mi the long side.
\ Norden A- Co.: It looks as if lower
prices will be seen during the next few
da vs at least.
Miller & Uo.: A further reaction is
In order.
Bailv a Montgomery; .A recurrence of
the present wide fluctuations is probable
until the final government report on De
cember 12.
NEW YORK GROCERIES.
MAY YORK. Dec. 3 -Coffee steadt ;
No. 7 Rio spot 15%. Rice steady; domes-
I tie ordinary to prime 4%Jr5%. Molasses
. Nev. 'Cleans open ke’tle 404/50.
I Sumi . raw quiet; centrifugal 4.05. miisco
| vad" 3.55. molasses sugar 3.30, refined
| quiet: -lalld-.ru granulated 1 :5. cut loaf
5.7'1. 1 lishe/l '..6'J. mold A 5.25. cube-: 5.15.
powi.e co 5.00. diamond \ <9O, confc - I
tlohl rs \ : 7.,. No. I 1.65. Nu. 2 4 60, 1
No 3 4.50. N". I 4 •''
[news AND GOSSIP'
Os the Fleacy Staple
o 1 ,cv - 3 Carpenter
!eV < u.: S. Tate says: *T feel very bullish
on ultimate results and expect the world’s
■ demand of American cotloii to exceed this '
i Near s production, unless the prices g-> to J
a prohibitive high point. one *of our j
• foreign correspondents says commitments t
H 14 r ,50MOO e balcs a baSi " ° f < * onsum P tion of i
"The spot situation in the South and
tne evidence ot determined holding with
I the demand will shape the course of
i prices.
.A. -I. Buston. of Liverpool, estimates
the total commercial crop at 14,100,900
bales
Ihe market held very steady through- 1
, out the morning session and the buying
Atas oi a good character. The market
looks as it it will go higher.
Riordan, Mitchell, McFadden ai d Weld i
j brokers were the leading buyers today.
I -After the heavy liquidation of yester
day. there was not so much pressure
to sell around the opening, and the buying
was ot good character.
I'alias wires: ''Texas -Generally cloudy j
and cold; scattered light rains: raining
all morning San Antonio and southwest.
Oklahoma- Generally cloudy and cold;
light rain at Oklahoma City. Sayre. Hen
nessy; Host at Chandler. Bristow and
btroud.
hollowing are 11 a. nt. bids; December
.;..38, January 12.52. March 12.61, Mav
12.53. July 12.48.
-.i'' I :''' ORLEANS. Dee. 3. Hay ward A-
Clark: The weather map shows cloudy
over the belt; general rains in southern
half and entire eastern bell. Indications
are for more general rains and continued
cloudy; little change in temperatures.
Spots are dull with no pressure, how- i
ever, to sell.
The New Orleans Times-I'einoerat says:
The extent of the break in cotton values
in yesterday’s market surprised every
body’, and at the close some reactionaries
turned bullish under the belief that Liv
erpool this morning would not fully re
spond to the American weakness. Con
sequently. should Liverpool report a full
decline another slump will probably be
recorded on this side today, without direct
reference to the primary essentials of
supply and requirement.
Meanwhile, the bear on cotton, as far
as possible, ignores the plentiful evi
dence of heavy consumption, and devotes
his entire time to the discussion of the
volume of supply and of technical condi
tions. He believes the interior lias been
speculating extensively in actual cotton:
that middlemen own many bales they have
not hedged, and that outsiders, who are
weak on the declining market, hold the
bulk of the long contracts that have been
sold across the New York ring during
the recent weeks.
\\ ith this belief as a basis, it is a very
i easy matter to describe a very bearish
■ condition of affairs cottonwise. The
I slump in export freight room engage
ments is made to appear as conclusive
evidence that Europe has received enough
cotton The strength of spots in tiie
interior all season is made to appear as
final proof of spot speculation. The un
favorable dividend showing of the Fall
River mills is made to serve as an index
to poor textile trade at home. The mag
nitude of the into-sight movement is ex
ploited solely as a pointer to the presence
of a surplus supply in the interim'.
Following are 19 a. tn. bids: December
1.2.61. January 12.61. March 12.68, Mav
12.76. July 12.83.
Estimated receipts Wednesda' :
1912. ■ 1911.
New Orleans ....14,000 to 15.000 8,224“
Galveston 19,500 to 21,500 21,113 |
PORT RECEIPTS.
The following table shows receipts at I
the ports today, compared with the same I
day last year:
I I°l2. I 1911. ~
New Orleans . . . . 17,632 18.600
Galveston 52,054 38,054
Mobile 2.454 1 4,457
Savannah 9.673 1 16.474
Charleston 1.253 | 2,142
Wilmington 1 3,793 “ 1,439
Norfolk 4.089 7.035
Boston. . 1 537 269
Philadelphia .... 100
Pacific coast 1.610
I Various. ...... 1 1,987 13.712
Total 103,575 103592
INTERIOR MOVEMENT.
I 19127 1191 L i
Houston 17.595 22.300 j
Augusta 2.295 3.58:'
Memphis 6.782 13.390
St. Louis 9.095 I 1,916 I
Cincinnati 966 I 1.347 j
Little Hock. .. . J j 2,393 '•
Total 4 1."::.7~’
The WEATHER 1
I
Conditions.
WASHINGTON. Dec. 3.—The Indica
tions are that there will be rains to
night or Wednesday in the smith At
lantic ami Gulf states and ihe Ohio val
ley, and by Wednesday night in the mid
dle Atlantic states. In New England, the
weather will be fair tonight and Wed
nesday. Jn the Great Lakes region the
weather will be unsettled, with local rains
or snows.
Temperatures will not change decidedlv
over the eastern half of the country /lur
ing the next thirty-six hours.
General Forecast.
Following is the general forecast until
7 p. m. Wednesday:
Georgia—Local rains tonight or Wed
nesday.
Virginia Fair tonight and Wednesday :
increasing cloudiness, probably followed
by rain by night; not much changt in
temperature
North Carolina and South Carolina
Local rains tonight or Wednesday.
Florida—Generally fair, except Io al
ralps in extreme north portion late to
night or Wednesday.
Alabama and Mississippi-Local rains
tonight or Wednesday.
Louisiana and Arkansas—Unsettled,
showers and warmer.
Oklahoma Fair and colder tonight and
Wednesday.
East Texas Unsettled, with showers
and warmer; colder Wednesday in north
west..
West Taxes—Fair and colder, except
in southwest.
NEW YORK COFFEE MARKET.
Coffee quotations;
I Opening. Clo£ing._ >
January 13.10 13.28@13 29
| February 13.70 13 33fa 13.34
March 13.30@ 13.50 13.6241 13 63 j
April 13.56 13.704/ 13 72 ;
May 13-65//4 13.70,13.824113 S 3
June 13.78
July 13.824/ 13.84 I::.:'l 4/ I:: :/j
Angus: 13.87 13.924/13 93
September 13.91@13.95
October 13."5 13. '.'64/ 1 3.97
November 13.9'■</ 13.97 13.184 i 13.21
December. . -3.944/14.00.13.184; 1 ::7'l
Closed steady. Sales, 1’0,250 iiac-
LIVE STOCK MARKET.
CHICAGt'. I■• ■■. Hogs Receipts 38 -
600. Market steady to a shade lower ■
Mixed and butchers $7,504/7.72. good'
heavy 57.6041 7.72. rough heavy *7.1 18/ ; ■
light 87.15 V 1.65, pigs »5.6u@7.30, bulk 47.55 I
7.65.
Cattle Receipts 6.500. Market weak.
Beeves 46.044/ 11.25. cows ami heifers s:. 7.',
4/8.50, Stockers ami feeders $ 1.504/; 4<i
Texans $2.40418.50. calves $8.0041 10.25.
Sheep Receipts 40,000. Market ,-teady .
Native and Western 42.504i4.40, lambs
44.75417.25.
BUTTER. POULTRY AND EGGS.
NEW York. Dee. 3. Dressed pmiltrv
inactive : turkeys ItV23. ehiek'-ns I' •/::7,
fowls 11'ul6 l : ., ducks B'u lx. geese B'</16.
Live poultry firmer: chickqns 134/H,
fowls 13'0 14. turkey.- 18 asked, roosters
10% asked, duck- '”•'ls. geest* 134/| |
Rutter firmer creamery -pedals ::t </
36, creamery extras st.ii. <!air\
nubs' :”'</::t. proee-s specials 27'.«'"/_8
Eggs firmer : n at by yVhltc fancy .■,' '</55.
nearbj brown fancy 'i'ui:.. extra firsts
;:t54i38, firsts .:"'</JI.
/'liecsi- sternly whole milk -neclals 17% j
i'o.lß. wlioie mill, fancy |t:%4ii;t... -kim.-
j -p-. ials Ito I i . -kinis fine 12%,'u I
I full -!>itns S'" 12. I
HABRIHIN STOCK
Uncertainty Over Union Pacific
Decision Causes Liquidation
With Sharp Decline.
Sy CHARLES W. STORM.
NEW YORK. Dee. s.- Although the
j stock market opened firm today with a
number of advances scattered through
out the list, after ten minutes, uncertain
ty developed, which indicated that the in
itial trading had been bolstered by fic
titious support from traders who feared
I otherwise the effect of the supreme court
decision dissolving the Union Pacific and
Southern Pacific Union Pacific common
o; ened at 171%.. a gain of 1%. but after
ten minutes had dropped to 170%. a net
loss of %.
Southern Pacific opened % higher.
Among the other gains in the first ten
minutes of trading were Baltimore and
Ohio %, Reading %, St. Paul %, Rock
Island %. Amalgamated Copper %.
United States Steel common %. After
fifteen minutes' trading. Southern Pacific
also began to go down and developed
more weakness than its twin stock. Union
Pacific. After selling at 109%, this stock
declined 1% to 198%.
I-arge blocks of the stock were thrown
upon the market by traders who feared a
future dissolution agreement’s effect upon
the road's management.
Canadian Pa/’ifie. after opening ’j up.
lost % United States Rubber continued
Its leadership of the specialties, gain
ing %.
The crub market was strong
Price movements in the late forenoon
were very irregular. Southern Pacific
was the most prominent feature. This
sold off to 106%, then rallied to 107%.
showing a net loss of 2%. Union Pacific
dropped to 170%. a net loss of 1%. On
the other hand, Reading was exceptionally
strong, moving up a point to 172%. Price
movements in the greater part of the list
were to substantially lower figures.
One of the most important factors in
the last hour was the absence of de
mand for many of the specialties, in
which there has been considerable pool
activity lately. Substantial recessions
ranging from 1 to 3 points occurred in
many stocks. The general list was heavy.
London was a moderate buyer of Steel
common and Union Pacific taking about
16,000 shares. Stock prices closed irreg
ular.
Government bonds unchanged. Other
bonds irregular.
Stock quotations.
i i (LastiClos.iPrev
_ STOCKS- IHighlLow ISale.l Bid.iCl'M
tmal. <'upper. 84% 83% 83% 83% 83%
Am. Ice Sec.. 18’.. IS 18% 18% 18%
Am Sug. Ref. 119 119 119 118% 119%
Am. Smelting 78% 77% 77%; <8 ' 78-< 4
Am. Ixyconio. 46 45% 45’« 45% 46
Am. Car Fdy.. 59 59 59 58% 59
Am. Cot. oil . 60%, 58% 58% 58% 58%
Anter. Woolen! ....• ...J ....; 22 ....
Anaconda 43% 42% 42% 12% 42%
Atchison 107’106% 106% -07 107%
A. C. L 140% 140% 140% 140 140
I Amer. Can .. 39% 36% 37 37% 39%
do. pref. .. 122% 122% 122% 122% 123
Am. Beet Sug. 56% 56% 56% 55% 56%
| Am. T. and T. 142% 142 T 42 ,141% 142%
Am. Agricul 56% 56%
Beth. Steel ... 40 68'4 39 38% fO
B R T 92 91% 91% 91% 92
H. and 0 106% 107% 106 105% 106
Gan. Pacific . . 366%%*65 265 ;265 ;265%8
Corn Products 16% 15% 15% 15% 16%
C and 11 82%: 81% B'2 81% 82%
Consol. Gas .. 142% 142% 142% 141% 142%
<'• ". Leather . 29% 29% 29% 29% 29%
t’olo. F. and 1. 35% 35 35 35% 35%
Colo, southern 36 .. . .
D. and It 166 166 -166 165%|166_
Den. ami R. G -!"* “J 1 ’" 4
Distil. Seeur . 25% 25% 25% 25% 25%
Erie 34% 33% 33% 33% 34%
do. pref. . . 51 51 51 50% 51
Gen. Electric 185 185 185 184 _ 185_
Goldfield Cons. 1% !■ 1% 1 % 1 %
G. Western .. 17% 17% 17% 17 : 17%
G. North., pfd. 1:17 ’4 137 137% 137 157%
G. North, 'ire.. 45% 45% 45% 45% 45%
Int. Harvester 119%
I 111. Central ' 127 127
Interboro 19% 19% 19% 19%' 19%
do. pref ....' ....' 63“si 64%
lowa Central 13 ....
IK. <’. Southern 28 28 28 28% 28
I K. ami T .28 28
do. pref 62 • ■ .
L. Valley. . . 174% 173% 174 i!73%174
I. and N 145 145%
Mo. Pacific . . 43% 43% 43% 43 43%
N V Ventral 111 113% 114. 113% 114
Northwest. . . 138 138 138 137 137%
Nat Lead . 60% 60% 60% 59% 60
N and W. . . 114% 113% 113% 113% 114%
No. Pacific . . 124% 123% 123% 123% 124%
I>. and W. . 33% 33% 33% 33% 33T's
Penn 123% 123 123% 123 123_
Pacific Mail . 35 35 35 34% 34%
P. Gas Co. . . 115% 115% 115% 115 115%
P. Steel Car 37 37 37 36% 37
Reading. . . . 173% 171% 171% 171% 171%
Rock Island 25% 24% 24% 24% 25%
do pfd.. . 47 16% 46J- 46% 47
It. I. and Steel 28 28 28 27% 27%
do pfd.. . . 89 88'% 89 88% 89
S.-Sheffield 48%' 49
So. Pacific . . 109% 106% 107% 107% 109=,
So. Railway 2'.H- 29% 29%, 29% 29%
do. pfd.. . . 81% 81% 81% 81 81
St. Paul. . . . 115% 114% 115% 115% 114%
Tenn. Copper 41% 41 41 40% 11-,
Texas Pacific 23% 23% 23% 23% 23%
Third Avenue 37 ....
Union Pacific 171% 168% 170% 170", 170
I*. S. Rubber 67 65% 66 66 66%
Utah Copper 63% 62% 62% 63%' 63%
U. S. Steel. 73% 72% 73% 73 73%
do. pfd.. . . 111% 110% 110% 110% 111%
V. Chem. . 46% 45% 45% 46 46%
West. Union . 78 78 I 78 78 78%
Wabash. . . . 4% 4%
•io pf/1.. 13’.. 13% 13% 13% 13%
We.-t. Electric 81% 81 . 816* 81% 81%
Wis. Central 1 52% ! ....
W. Maryland 51% 52%
Total sales, 575.700 shares.
METAL MARKET.
NEW YORK, Dec. 3. At the metal
excl ange today trading was moderately
active. The tone irregular.
Quotations: Copper spot 17.10. Decem
ber I 7.1 011 17.25. January-February 17.12%
(/11.::! 1 -, lead 4.25414.40. spelter 7.25117.45.
tin 49.50 V 1'.'.80.
MINING STOCKS.
B< iSTON. Dec. 3.-Opening: Old Colony’
Mining 9%. Shoe Machine 52, Shannon
14%. American Woolen preferred Jl%,
I Butte Superior 47. Pond Creek 27%. Gi-
I roux 4
NEW YORK PRODUCE MARKET.
NEW Vi >RK. Dec. 3. Wheal dull: spot.
No. 2 red. 1.05 in elevator and 1.06 f. o. b.
Corn firm: No. 2. ill elevator, nominal;
export No. 2. 54% f. o. b.; steamer, nomi
nal: No. I. nominal Oats quiet: natural
white. 341/37: white clipped, 37@39%.
Rye quiet: No. 2. nominal, f. o. b. New
York. Barley steady: malting. 57'u68,
<■ i. f. Buffalo. Hay firm: good to prime,
9017 1.17'-. poor to fair. new. 65111.06.
Flmir steady: spring patents. 4.651/ 4.95:
i straights. 4.50114.60: clears. t. 301/ 4.40 j
• winter patents. 5.251/.* .>0: straights, 1.65
■ </ 4.8 O: clears. t.3oii 4.40.
Beef firm: family. 23.00 V 24.00. Pork
Ifii’in: mess. 18.751/19.50: family. 23.001/
I "lull. l.ard steady, city steam. 11%
I ibid): middle west spot. 11.50 tbidi. Tal
low dull: city, in hogsheads, 6% (asked):
country, in tierces, 6V6%.
COTTON SEED OIL.
. o
NEW ¥(>KK, I »ec. 3. N. L. Carpenter '
X- <’«».: The cotton seed oil market was
quiet with prices a shade higher today on
st'Hieit} of crude offerings, scattered room
<uvering and firmness in cutton. Tlkto
was some selling of January for outside !
long a« < ount.
1 *
< nmg • ~r
Su h . ♦i.LTdG. in
Ih < > nihi : . . . »'•.23 -a •».27 C.. 7fq 6.2 S
l.inj'i.i,' . . ». 3»; 'rp;. 27 ;d'(16.32
| t bruai\ . . , G. 2 , 'ri 6.32 6.31 f u C. 36
i \taruli 6. ‘O'o <■. II ♦;. <!'(/ 6. fl
J Xiirll .... 6J2'(l 6.48 6. 17'rf 6.3»»
'.l*% »..:.!<•/6,.'<:
j Itfp* . 6..‘»2 r M6 K<) 6.5571 6.GC
* dosed strung, sales x |<"' i-urr' . .
I ATLANTA MARKETS!
i— k> J
EGGS -Fresh country, candled. 33@:i5c.
Bl TTER—Jersey and creamery. In 1-lb.
blocks, 25@27%c: fresh coumry. dull. 20
&22%e.
DRESSED POULTRY—Drawn, head
and feet on. per pound: Hens. 171118'.':
tries, 204122';;: rosters. 81110 c; turkeys,
owing tu fatness. 17V 18c.
Ll\ I. POl LTRY— Hens. 451150 c; roost
ers. 251130 c; fries. 25@ 35c; broilers. 20@
25c: jmddle ducks. 25@30c: Pekin ducks,
Ssli4oe: geese, 501660 c eaen; turkeys, ow
ing to fatness, liifq 18c
. . .. FRUITS AND PRODUCE.
I Li I ' i'-GETABLES—Lemons.
■ alley, -L*.ool/5.50 per box: uananas, 2%@3
per pound; cabbage. 1.251/ 1.50 poumt; pea
nuts. per pound, fancy Virginia u : *@7c,
choice, .>%V6c: lettuce, fancy. 81.'OV 1.75;
choice 81.251/1-50 per crate: Peets. .>’.so@
e per barrel; cucumbers. 75c@$l per trate;
Irish potatoes. 90c(761 00.
e -piants. $2412.50 tier crate, pepper,
■ l«/1.2a per crate; tomatoes, fancy six
basket crates, $2,004/2.50; ifiiM.DDles, S 2
V 2.25 per crate; onions. 75c@$l per hushel,
sweet potatoes, pumpkin yam, 40@50c per
bushel.
PROVISION MARKET.
(Corrected by White Provision Company.)
Cornfield hams. 10 to 12 pounds average.
Lc.
hams, 12 to 14 pounds average.
Cornfield skinned liams, 16 to 18 Bounds
average, 18c.
Cornfield pickled pig's feet. 15-pcund
Kit?, $1.25.
Cornfield jellied meat in 10-pound dinner
pail. 12%c.
Cornfield picnic hams, 6 to 8 pounds av
erage, 13%c.
Cornfield breakfast bacon, 24c.
.-Grocer style bacon (wide or narrow),
lo .-jC.
Cornfield fresh pork sausage (I'nk or
bulk) 2a-pound buckets. 12%c.
Corntiel/l frankfurters, buck
ets, average, 12c.
Cornfield bologna sausage. 2»-pound
boxes, lie.
Cornfield luncheon hams, 25-pound
boxes, 14c.
Cornfield smoked link sausage, 25-
pound boxes. 10c.
Cornfield smoked link sausage In pickle,
60-pound cans. $5.
Cornfield frankfurters in pickle. 15-
pound kits, $1.75.
Cornfield pure lard, tierce basis. 12%c.
flute lard, 60-pound tins,
Compound lard (tierce basis), B%c.
D. S. extra ribs. ll%c.
D. S. rib bellies, medium average, 12%c.
D. &. bellies, light average. 12%c
FLOUR and GRAIN.
FLOUR—Postell s Elegant, $7.50; Ome
ga. $7.50: Carter's (best). $7.00; Gloria
(self-rising). $6.25; Victory (firfest pat
ent), $6.40; Diamond (patent). $6.75;
Monogram, $6.00; Golden Grain, $5.50;
Faultless, finest, $6 25; Home Queen
(highest patent). $5.75: Purltant (highest
patent). $5.75; Paragon (highest patent),
»*>.,&; Bun Rise (half patent). $5.25; White
Cloud (highest patent). $5.50; White Lily
thigh patent), $5.60; White Daisy. $5.60;
Sunbeam. $5.25; Southern Star (patent),
s.'>.2t>; Ocean Spray (patent). $5.25; Tulip
(straight), 4.15; King Cotton (half pat
ent). $5.00; low grade. 98-lb sacks. $4.00.
CORN—Choice red cob, 73c; Tennessee
white. 72c; choice yellow, 72c; cracked
corn, 71c.
MEAL—Plain 144-pound sacks. 71c- 96-
pound sacks. 72c: 48-pound sacks. 74c- 24-
pound sacks. 76c; 12-pound sacks. 78c
OATS- Fancy clipped, 51c No. 2 clipped
:»0c; fancy white, 49c; No. 2 white. 48c;
No. 2 mixed. 47c; Texas rust proof, 65c;
Oklahoma rust proof, 60c; Appier. 75c;
winter grazing, 75c.
COTTON SEED MEAL—Harper, S2B;
prime. S2B; creamo feed. $25
COTTON SEED HULLS—Square sacks.
SIO.OO per ton: Southern square sacks
$9.50; Harper square sacks’. $9.00.
SEEDS —(Sacked): Wheat. Tennessee
blue stem, $1.60; German millet. $1.65: am
ber cane seed, $1.55; cane seed, orange,
$1.50: rye (Tennessee). $1.25: red top cane
seed. $1.35; rye (Georgia). $1 35; red rust
proof oats, 72c; Bert oats, 75c; blue seed
oats. 50c: barley, $1.25.
HAY—Per hundredweight: Timothy,
choice, large hales. $1.40; No. 1 small,
$1.25; No. 2 small. $1.10; alfalfa hay,
choice. $1.45; No. 1. $1.40; wheat straw
70c; Bermuda hay, 85c.
U. S. VISIBLE SUPPLY.
Following shows the United States visi
ble supply of grain for the week ending
Monday, December 2;"
This Last Last
Week. Week. Year.
Wheat . 55.400,000 55.370.000 66..7J.3 000
Corn 1,525.000 1,535,000 2.054:000
Oats 10,774,000 12.001,000 2Q, 116.000
CHICAGO CAR LOTS-
Following are receipts for Tuesday and
estimated receipts for Wednesday:
ITuesday. iWedn’sdav
Wheat I 47 I 30
Corn I 363 1 426
Oats 187 146
Hogs . , '■ ,| 38,000 | 40,000
PRIMARY MOVEMENT.
~~WH~EAT— ~T%12. T ISTL
Receipts 1,801.000 • 71)4.000
Shipments 1.288.000 I 285,000
CORN— | 1912. j 191 L
Receipts I 954.000 | 877.000
Shipments 1 399,000 1 451.000
2,100.000 BU. DEC.~WHEAT
DELIVEREDTO LICHSTERN
CHICAGO, Dec. 3.—The Inter-Ocean
says:
"Deliveries of wheat on December con
tract yesterday were 2,100.000 bushels,
including 400,000 bushels delivered pri
vately, which is understood to have gone
to Lichstern. From a bear standpoint,
there was nothing new in the situation.
They called attention to the increased
selling pressure on May above 90c, while
admitting that the wheat disappears on
all breaks below that figure, but believe
it is only a temporary resting level. The
few bears to be found $n com last night
said that any good advance would be
welcome, as it would enable them to put
out fresh lines to better advantage; also,
in all probability, increase the selling by
the country."
=ii _ - —it=
■ t
ESTABLISHED 1861
Lowry National Bank
OF ATLANTA
Capital and Surplus . . . $2,000,000.00
Undivided Profits .... 224,000.00
A Savings Account begun now with $5.00 or
.so. and regularly added to. may become the foun
dation of your own business, the beginning of
your tiuanvial independence or the security and
comfort of a home when your earning powers are
much less than they are today.
Why not come in TODAY and make the start
An association with this hank will be of great ben
efit to you in many ways: and your money will
draw a liberal interest.
Commercial and Savings Accounts Solicited.
Safe Deposit Boxes $2.50 a Year and Up.
ROBERT J. LOWRY, HENRY W. DAVIS.
President: Cashier;
THOMAS D. MEADOR, E. A. BANCKER. JR..
Vice President: As«urtant Casfi'c* ;
JOSEPH T. ORMF. H WARNER MARTIN,
Vies President; Assistant Cashier.
SHOOT GOf HINE
SENDS mm OP
Advance Prevails in Face of
Lower Cables and Good
Weather.
ST. LOUIS CASH QUOTATIONS
Wheat—No. 2 red 103 ®jo7
Corn ... 46%@ 47
Oats 33
‘TIIi’AGO, Dec. 3. -There were frac
tional losses in wheat this morning with
lower cables and general harvesting in
the northwest of Argentina. While
northwestern receipts were consideral*'*.'
smaller than a week ago they were ■ »
excess of a year ago Tne visible supp.y
in Europe showed a decrease for the
week of 304,000 bushels.
Corn was fractionally better on shorts
covering and a lack of pressure in the
market Receipts are expected to In
crease with continued favorable weather.
May wheat was absorbed by strong
hands during the entire session today.
Those who were in the lead as buyers
waited for the wheat to be offered, when
they promptly secured it. One of the
features of the day was the renewal of
the talk of goodly amounts of wheat go
ing out via the Gulf ports, which is said,
to be Kansas wheat. Closings for the
day were %c to %c higher. Cash transac
tions were confined to 25,000 bushels ot
wheat, which was taken by interior mill
ers
Corn closed with gains of ’4c to %c
on shorts covering during the last hour
of the session.
Oats were up %c to %c Cash sales
of corn were small at. 75,000 bushels and
oats 255,000.
Hog products were unsettled and closed
fractionally lower all around.
CHICAGO GRAIN MARKET.
Grain quotations:
Previoua
Open. High. Low. Cose. Close.
WHEAT—
Dec 87% 84% 83% 84% 84
May 89% 90% 89% 90% 90
July 87% 88% 87% 87% 87%|
CORN—
Dec. 48% 48% 48% 48% 48%
May 48%, 48% 48% 48% 48%
July 49% 49% 49% 49% 49%
OATS— ».
Dec. 31% 31% 31% 31% 31$i
May 32% 33 32% 33 32%,
July 32% 33’c 32% 33% 32%
PORK—
J n 19.30 19.37% 19.27% 19.27% 19.37%
M'y 18.62% 18.70 18.60 18.60 18.70
LARD—
D’c 10.92% .10.92% 10.87% 10.87% j
Jan 10.65 10.65 10.57% 10.57% 10.66
M'y 10.20 10.20 10.17% 10.17% 10.25
RIBS—
Jan 10.25 10.27% 10.22% 10.22% 10.30
M’y 9.92% 9.95 9.90 9.90 9.97%
LIVERPOOL GRAIN MARKET.
Wheat opened unchanged to %d lower;
at 1:30 p. m. the market was %c to %d
lower. Closed %d to %d lower.
Corn opened %d lower: at 1:30 p. m.
the market was %d to %d lower. Closed
•%d to %d lower.
CHICAGO CASH QUOTATIONS.
CHICAGO, Dec, 3.—Wheat—No. 2 red 99
@1.02. No. 3 red 96@97, No. 2 hard win
ter 85@87, No. 3 hard winter 83@85'4, No.
1 Northern spring 86@86%, No. 2 North
ern spring 84@85, No. 3 spring 801182.
Corn No. 3 yellow old 52. new 46%@47
No. 3 white new 46%@47. No. 3 yellow old
56. new 46*41/47%. No. 4 44@4»%. No. 4
white 44%@45, No. 4 yellow 44%@45'*.
Oats—No. 2 white ::4%1/35. No. 3 30%,
No. 3 white 321i33. No. 4 314x32%, stand
ard 33% @34.
COUNTRY
EGGS
30‘
DOZEN
STORAGE EGGS . 25c Dozen
No Limit-Buy All You Want
GASH GROCERY GO.
118-120 Whitehall St.
15