Atlanta Georgian. (Atlanta, Ga.) 1912-1939, December 04, 1912, HOME, Page 17, Image 17

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DECE RE verses E senti m ent , Dec. 4—The Inter-Ocean j, the taking care of the eash M ’ . . nr.-ember delivery the strength * < ? l ' ;. e r in a” markets had a good e s . « h Changing sentiment in . ~ buying side yesterday and . were not disposed to stand .. ~n t Those of the local men short generally cover at Corn specialists who fr:» paving little attention to »'■ liberal receipts and believe .nil will be wanted. t> ■■ " , neral belief that the largest p,,-ember have May sold 1 ■ ' ~ t 'at :heir loss is limited, ents in lowa and 40 Pf,a " '. Pinch tc farmers should bring <"■' - ' ye,,., nt A few of the proses- » •>%" , .o. red on the recent break Jwah a further bulge to put out fresh line- ." metal market. <dlK. Dec. ’ M the metal ex- ■ . ,v trading was quiet and the . Copper. spot. '7.10. bid; De *-t!'m/,, 17 25; .January-February. •25 at. 40; spelter, 7.20 t'in.'49.22'2® 49.12%. IS] =ir==ii ir=- il—. r ii ESTABLISHED 1861 Lowry National Bank j OF ATLANTA L “> Capital and Surplus . . . $2,000,000.00 Undivided Profits .... 224,000.00 W’e want the account of the wage-earner and householder just as much as the larger patron age of the business man or corporation. Thousands of persons ape keeping small fam ily accounts with us. Why don't YOU? We pay a liberal interest on Savings Deposits. Designated Depository of the United States, J County of Fulton and City of Atlanta. L Safe Deposit Boxes at Reasonable Rates ROBERT J. LOWRY. HENRY W. DAVIS, President; Cashier; THOMAS D. MEADOR, E. A. BANCKER. JR.. I Vice President; Assistant Cashier; JOSEPH T. ORME. H. WARNER MARTIN, Vice President; Assistant Cashier X 4. nsautcaraMK am mmcr To Any Amount— —-—-—p 011 ar s ■ Deposited with this B nk. to the credit of wife. son. daughter or friend, will make a practi cal Christmas gift. ,4 “.‘Tjank fiook' brings joy and good cheer at any time. Central Bank & Trust Corporation Candler Bldg. Branch. Cor. Mitchell and Forsyth Sts. ~T .■■"---r-u-,,,, — -TT IH lIS »■■■ ailM—i—Ml——— ■■■■■ ■■l Deposit Nowi " ■" ■ 'pills strong Bank will pay you 4 per cent on Savings or a liberal rate on Certificates of Deposit if left 3 months. Your money is protected l*y 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 b e transacted with courtesy and dis patch. Atlanta Trust Co (Formerly Hillyer Trust Co.) 140 Peachtree St. f Y T R ' Capital and Surplus •‘merit. $600,000.00. NEW YORK PRODUCE MARKET. NEW YORK. Dec. 4. Wheat dull; De cember 90%@90%, spot No. 2 red 1.05 in elevator and 1.06 f. o. b. Corn steady; No. 2 in elevator nominal, export No. 2 54% f. o. b.. steamer nominal. No. 4 nom inal. Oats firm: natural white 34® 37%. white clipped 37® 40. Rye steadv; No. *2 nominal f. o. b. New York. Barlev dull; malting 56® 68 c. i. f. Buffalo. ’ Hay steady; good to prime 90@1.15, poor to fair 65@1.05 Flour quiet: spring patents 4.65® 4.95. straights ‘.so®. 4.60. clears 4.30® 4.40. win ter patents 5.25®5.50, straights 4.65® '.BO clears 4.30®4.40. Beef steady; family 23.00®24.00. Pork quiet; mess 18.75® 19.50. family 23.0041 24.00. Lard quiet: city steam fl. middle West spot 11 %. Tallow steady; citv (in hogsheads) 6% nominal, country <in tierces) 6®6%. NEW YORK GROCERIES. NEW YORK. Dec. 4. —Coffee, quiet: No. 7 Rio spot. 14-%® 14%. Rice, steady; do mestic, ordinary to prime. 4%ffi5 s B . Mo lasses, steady; New Orleans, open kettle, <o@so. Sugar, raw quiet: centrifugal, 4.05: muscovado, 3.55; molasses sugar, 3.36; refined, quiet: standard granulated. 4.55; cut loaf. 5.70; crushed. 5.60; mold A. 5.25: cubes, 5.15; powdered. 5.00; diamond A. 4.90; confectioners A. 4.75; No. I, 4.65; No. 2, 4.60; No. 3, 4.5; No. 4. 4.50. THE ATLANTA GEORGIAN AND NEWS. WEDNESDAY. DECEMBER 4, 1911 a company's STOCKS MEN I Common Loses-4 and Prefer red 3 1 -2 Points—Union and Southern Pacific Lower. ; By CHARLES W. STORM. NEW ittRK, Dec. 4. Southern Pacific was one cf the most active stocks in the list at the opening of the stock market today, advancing 13,I 3 , within fifteen min utes. After opening at 108 for a gain of '2. it advanced to 109',j within a few | minutes. Traders representing various interests bought he stock. Aside front this issue, irregularity pre vailed. although the possibility of peace tn the Balkans seemed assured, the dan ger of an European conflagration had not i been wiped out by the day's developments i abroad. Among the gains here wore American I Ice Security California Petroleum 1%. ; Mexican Petroleum ’ 8 to 1%. Missouri I a.'ifie %. People's Gas . Western Union s. Utah Copper %, United States Steel common S B . Amalgamated Copper opened “s lower and a similar decline was noted m Union Pacific. Reading, after opening unchanged, advanced American Smelting and Refining dropped % on the first sale. American Can lost the same amount, but later recovered and made a net gain of Norfolk and Western was oft - 8 . Erie was off ' 6 . The curb market was firm. Americans in London were quiet. Cana dian Pacific in London slieded. A heavy tone was shown in the leading issues in the late forenoon. The Amer ican Can issues were exceptionally weak, the common declining 4 points to 33%. land the preferred fell 3% to 119’ 2 . Union I and Southern Pacific lost a point each. I and fractional losses were recorded in | Steel. Utah Copper. Amalgamated Copper. Missouri Pacific. Lehigh Valley. American Smelting. Erie and United States Rub ber. California Petroleum advanced % point to 64%. About the most important feature of the trading in the last hour was Ameri can Snuff, which continued its upward movement, advancing over 4 points to above 203. American Cotton Oil recov ered part of its early loss and there was a fractional rally in Smelting. Trading in the leading railways and industrials was feverish. The stock market closed irregular: gov ernments unchanged; other bonds irreg ular. Stock quotations: i I iLast | Clos.lPrev -STOCKS- .HighlLowJSale.l BidJCl’M 1 Amah Copper. 83% 81% 82% 82% S 3 ! Am. Ice Sec... 18 181, 19 18%’ 18% I Am. Sus'. Refllß 118% ! Am. Smelting 7 8 74% 74% 7 4’’ 8 7 8 I Am. Locotno... 45% 44% 44% 44% 45% I Am. Car Fdy. 59% 58-% 58% 58% 58% Am. Cot. Oil .. 59 56% 57% 57 58% I Am. Woolen 22 22 i Anaconda .... 42% 41% 42 41% 42% Atchison 107 " 106% 106% 106% 107 A. U. 1139% 139% 139% 1.39% 140 Ameri an Can 37% 31% 33% 33% 37% do, pref. .. 122% 119% 120 119% 122% Am. Beet Sug. 55 54',.. 54%: 54% 55% Am. T. and T. 142 142 142 141% 141% I Am. Agricul 55 56% ■ Beth. Steel ... 38% 37% 38 38 38% B. R T <t’% 91% 91% 90% 91% I B.and (.)ics% 105% lt','% 115% 105% , Can. Pacific .. 265% 264 % 265 264% 265 Corn Products 15% 15% 15% 15% 15% c. undo 81% 80% 81 SI 81% Consol. Gas ..142% 141 141 140% 141% I Cen. Leather . 29% 28% 28% 28% 29% I Colo. F. and 1. 34% 33% 34 33% 35% Colo. Southern 36 36 D. and H ! 165% 165% I I ten. and R. G 21 21 % I Distil. Secur. 25'.. 25% 25% 25% 25% I Eric 33% 33% 33% 32% 33% i do. pref. .. 51 50% 51 49% 50% Gt ■<!. Electric IS4 183'9 181% 183 184 PGoklfield Cons 1% 1% It;. Western ..17 '7 17 17 17 .G. North., pfd. 138 136% 137% 136% 137 ,G. North. (Ire. 45 45 45 45 45% 1 Int. Harvester 116 . . .. 111. Central ... 127 126% 126% 126% 127 ' Interboro 19% 18% 18% 1.8% 19% do. pref. .. 64% 63% 63% 63% 63% lowa Central 12% 13 IK. C. Southern 27% 27% 27% 27% 2’8% •K. and T 28% JS’_. 2'8% 28 28 i do. pref 62 62 L. Valley. . . 171 %T72'..:173 173 17.1% 1., and X . . . 145% 145% 145', 111 145 Mo. Pacific . . 43',-. 42% 42% 42% 43 |N. Y. Central 113% 113’7 113% 113% 11. I Northwest. . . 1.37 137 157 137% 137 I Nat. Lead. . . 60 57 57 56% 59% IN. and W. . .113% 113 113 112% 113% 1 No. Pacific . . 124 123 123 123 123*.. O. and W 33 33% Pennl23-;- 122% 122% 12’2% 123 j Pacific Mail. . ::i 34 34 34 34% P. Gas Co. . . 115% 115% 114'.. 114 115 IP. Steel Car . 36% lit; 1 , 36% 37% 36'., ( Heading. . . . 172% 170% 171 % 171% 171'.. ! Rock Island . 24% 24% 24% 21 24% do. pfd.. . . 46% 46 46 45% 46% IR. 1. and Steel 27 27 27 26% 27'- do. pfd.. . . 89% 86% 87 86% 88% S.-Sheffield 48% 48% I So. Pacific . . 1.09% 107% 108% 108 107% ; So. Railwav . 29% 28'.. 28% 28% 29% •10. pfd.. . . SI 81 81 80'fe 81 St. Patil. . . . 115%114% 114% 114%'115% Tenn.'Copper . 10% 40 40% 40% 40% Texas Pacific 23 23 23 23 23% ; Third Avenue ....' 36 ’37 Union Pacific 170% 169 169% 169% 170% I U. S. Rubber . 66% 64 64 % 64 66 Utah Copper . 63% 62% 624, 62% 63% U. S. Steel . . 73 70% 70% 70% 73 do. pfd.. . . 110% no 110 no 110% . V.-C. Chem. . 15% 45% 45% 45% 46 i West. Union . 78% 78%> 78%’ 77-f- 78 | Wabash. . . . 4% 4% 4% I 4' s I do. pfd.. . . 13% 13% 13% 13% 13% jW. Electric . . 81% 80% 81', 80% 81% I Wls. Central . .... <52 52’J I W. Maryland 50%’ 51% Total sales, 637.000 shares? ~~ MINING STOCKS. BOSTON. Dec. 4—Opening: Giroux. '%: Superior Boston, 1%; Chino. 46%; Butte Superior. 13',. z - —-. 1 I A Good Bank for You Besides being a bank oe the two-inillion-dollar class, the AT LANTA -NATIONAL BANK enjoys the reputation of nearly half a century of successful and eminently satisfactory banking. This means that all transac tions have been conducted in a careful, businesslike manner, which has worked to the mutual advantage of both the bank and its depositors. Think what it would mean to YOU, Mr. Business Man. to establish relations with such a safe, strong bank! Atlanta National Bank C. E. CURRIER. JAS. S. FLOYD, J. 8. KENNEDY, President. Vice President. Asst. Cashier. F. E. BLOCK, GEO. R. DONOVAN, J O. LEITNER, Vice President. Cashier. Asst. Cashier. r;A HP t ADV ATLANTA ' " "" J BEARISH FIGURES DEPRESS COTTON i Market Declines on General Liquidation Following Na tional Ginners’ Report. NEW YttRK. Dec. 4 -Better cables than expected and improved foreign sit uation resulted In the cotton market here opening steady, with first prices aggre gating 11 to 16 points advance from last night's close Heavy buying orders at the outset also helped the advance. Liverpool cabled: 'Local traders bulling on scarcity of offering." The selling pressure which prevailed during the last hour yesterday was not In evidence, which was a stimu lating factor. Larger spot interests led the aggressive movement. After the call, the trading was of a light character, with prices sagging about the initial quota t ions. The National Ginners' report showed 11,967.000 bales ginned to December 1. compared with 1.0.300,000 bales last month. This brought about a heavy sell ing wave, led by the ring crowd, and all the initial gains were lost. December receded to 12.30. January to 12.40. March to 12.46 and Maj- to 12.43. and during the afternoon session prices aggregated 6 to 13 points decline from the previous close. However, the decline was slow and slight, as tlie opinion seems io prevail that the quantity of cotton yet to come in sight is much smaller than many real ize, as reports continue to indicate there Is very little cotton left in the fields, and in some sections the fields are bare. Wires from over the belt state spots are not following the decline. The big bulls seem to have sidestepped for the mo ment to let liquidators finish. Memphis was reported a heavy seller here, but spot interests continued to absorb contracts at I the decline. At the close the market was steady. with near positions a net gain of 6 to 11. and distant months 2 to 3 points higher than the final quotations of Tuesday. Semi-weekly interior moveme 11tj Receipts 1178.284~171,057 145,268' Shipments 156,486 135,632 122,353 { Stocks 553.039 642,023 593,518 RANGE IN NEW YORK FUTURES_ 5' u t! S ® ? i J |o I” J j >2’3 uI £y ' I >ec. 12.17 12.45 12.28 12.28 12.30-33“12.116-37 > Jan. 12.60 12.64 12.40 12.44 12.42-44,12.49-50 . Feb 12.42-43 12.53-55 , Meh. 12.71 12.74 12.46 12.48 12.48-49 12.59-60 Apr 12.44 1.2.53 May 12.67 12.68 12.43 12.45 12.44-45 12.53-55 June . 12.41-43 12.51-53 I July 12.60 12.62 12.35,12.40 12.40-11 12.46-47 Aug. 12.49 12.51 12.33 12.33 12.30-32 12.33-35 Sept. 11.65 11.65 11.65 1 1.65 11.85-90 11.87-90 GelH■ 85 11.85 11.70 1 1.72 11.70-72 11.72-74 Closed steady. Liverpool cables were dut to come un ; changed to 1% points lower today, but the [ market opened steady w ith prices 1 to 3 ' points advance. At 1.2:15 p. m. the mar ] ket was steady. 4 to 5 points higher. At • the close the market was feverish with prices a net gain of 3% to 6 points from • the final figures of Tuesday. I Spot cotton firm and in moderate de ) rriand, 12 points higher; middling 7.02 d; sales. 9,000 bales, including 6.300 Ameri can bales. Browne. Drakeford & Co., Liverpool, cable: Advance caused by buying orders from America.” RANGE IN LIVERPOOL FUTURES. Futures opened quiet. Opening Prev. Range. 2 P. M. Close, t’rer Dec. . . . 6.75 -6.76 6.78 6.73% ' Dee.-Jan. 6.73%-6.76 6.78% 6.77 6.71% Jan.-Feb. 6.71 -6.74’8 6.76 6.75% 6.70 Feb.-Meh. 6.70 -6.73 6.74% 6.74% 6.69 I Meh.-Apr. 6.69 -6.73 6.74% 6.74 6.69% • Apr.-May 6.69 6.74 6.73 6.67 ' May-.lune 6.69 -6.72 6.73% 6.73 6.67 I June-July 6.69%-6.70 6.72 6.73 6.66 : July-Aug. 6.66 -6.69 6.70% 6.70 6.64 Aug.-Sept 6.5!' -6.58% 6.60 6.60% 6.55 I Sept.-Oct. 6.41 6.42 6.38% i Oct.-Nov. 6.36 -6.34 6.37 6.39 6.33% Closed feverish. i HAYWARD & CLARK S DAILY COTTON LETTER NEW ORLEANS. Dec. 4 Liverpool came in very strong this morning, with I futures about 7 points higher than due: spots 12 points higher. Cables report small offerings and strong Manchester and American buying. The advices from New York yesterday that bull forces had again combined for another bull cam paign are considered supported by the rapid advance in the English market. The map shows splendid rains all over Texas. This is the second good rainfall there this winter. The contract market opened 12 to 15 points higher and held steady, with only small occasional depres sions. There is no belief in the large ginning forecasts and the trade rather looks for ginnings around 11,700,000. Bad weather hampers spot business, but in terior advices reflect general firmness and advance in staple premiums. The 'local spot market is easy, factors put ting out cotton. The usual Christmas of ferings of smaller lists are coming in evi dence. RANGE IN NEW ORLEANS FUTURES, c I I • I ® I s ® L “ t I I £0 o 1 x , Jz 1 u I c.y fie? iT7O 12.7a 12.12.55 1 2.50-52 12.61 -63 Jan.' 12.33 12,79 12.52 12.54 12.54-55’12.62-63 Feb 12.57-59:12.65-67 I Meh. 12.80 12.85 12.57 12.60’12.60-61 12.68-69 April ’ 12.63-65 12.71-73 Mav 12.92 12.93 12.65 12.68 12.67-68 12.77-78 .lune 12.70-72 12.80-B:.' Julv 13.02 13.02 12.72 12.75 12.76 12.84-85 11.967,000 BALES OF COTTON GINNED TO DEC. 1, SAY GINNERS The .National Ginners association, of Memphis, in a special report today, places the total bales of cotton ginned to De cember 1 at 11.967,000. These figmes are said to indicate a crop of 14.480,000 to 14. 730.000 bales, including linters and re packs. The weather has been very favor able and picking has been rushed. The following table shows the estimate by states: Bales Ginned STATES- to Dec. 1. Alabama .. 1,156,000 Arkansas 682,000 Florida 49,000 Georgial.sßs,ooo Louisiana 350.000 Mississippi 816,000 North Carolina 763,000 Oklahoma. 892,000 South Carolinal,o62.ooo Tennessee 210,000 Texas 4.331,000 Various 71.000 T0ta111.967,000 SPOT COTTON MARKET. Atlanta, steady; middling 12%. Athens, steady; middling 13c. Macon, steady; middling 12%. New Orleans, steady; middling 12%. New York, quiet: middling 12.75. Boston, quiet; middling 12.75. Philadelphia, steady; middling 13.15. Liverpool, firm: middling 7.02 d. Augusta, steady; middling 13c. Savannah, steady; middling 12%. Norfolk, steady: middling !2%? Galveston, quiet; middling 12%. Charleston, cjuiel; middling 12%. Wilmington, steady; middling 12%. Little Rock, steady; middling 13c. Baltimore, nominal: middling 12%. Memphis, steady: middling 13%. St. Louis, steady: middling 13%. Houston, easy; middling 12 9-16. Louisville, firm; middling 13% PORT RECEIPTS. The following table, shows receipts at the ports today, compared with the same day last year: I 1912. 1 mi. New Orleans .... 1 4.436 , 8,224 Galveston 21.167 21.113 Mobile 1.380 , 1,339 Savannah 8.220 7,191 Charleston 1,293 1,886 Wilmington ... • 3,411 ' 1.753 Norfolk. 6.277 I 2.875 Pacific coast. ... 11.206 ’ Boston 943 1,606 Philadelphia .... 49 Various 8,110 3,899 Total 76,4 9~2 4078~2'iF INTERIOR MOVEMENT. I 1912. ! 1911, Houston. . ? J 21.711 i 18,049 Augusta 3.164 3.703 Memphis 8.475 10,242 St. Louts 8.314 6,287 Cincinnati 3.812 Little Rock 1,994 Total -11.679 I.ITsY. NEW YORK COFFEE MARKET. Coffee qtiotatlons; 1 Opening. | Closing. ~ Januaryl3.ls® 13.23 13.16® 13.21 Februaryl3.2s® 13.35 13.25® 13.30 Marchl3.3o® 13.45 13.47®13 48 Apri113.61®H1.64:13.54® 13.56 Mayl3.7o® 13.74 13.67® 13 68 June13.87®i::.89’13.72® 13.73 Julyl3.9l® 13.95,13.77® 13.78 Augustl3.93® 14.00’13.79® 13.80 Septemberl3.96® 1.3.98,13.82® 13.83 0ct0berT3.96fa13.98113.82®13.83 Novemberl3.96® 14.00113.82® 13.85 Deceinbei 13.06® 13.08 Closed steady. Sales. 114.250 bags. COTTON SEED OIL. Cotton seed oil quotations; I Open mg.'1 Clo7~ne Spot 6.30®G.50” December . . . 6.28® 6.29 6.37® 6.38 Januaryl 6.31®6.35 6.41®)6.46 February 6.34® 6.38 , 6.46® 6.49 March 6 4 4® 6.45 6.46® 6.49 April 6.45®6.50 t'"0®6.55 May6.s6® 6.57 ' . ,8® 6.60 June6.s7® 6.55 6.61 h 6.66 July . 6.65® 6.68 6.67® 6.69 Closed steady ; sales 21.900 barrels. (Hi) REPORT OF THE CONDITION OF THE AMERICAN NATIONAL BANK OF ATLANTA NOVEMBER 26, 1912 RESOURCES Loans and Discounts $3,720,171.66 I’nitcd States Bonds 500,000.00 Other Bonds and Securities 65,983.12 Due from I - . S. Treasurer 25,000.00 Cash in Vault and with Banks 1,219,328.97 $5,530,483.75 LIABILITIES Capita] Stock $ 600,000.00 Surplus and Profits 606,168.49 Circulation 499,997.50 Bills Pavable 500,000.00 1 deposits 3,324,317.76 $5,530,483.75 Now the depository of many of the largest business institutions of Atlanta, we have the facilities for taking excellent care of manv more, and invite the consideration ol those who desire a safe and helpful bank ing connection. W. L. PEEL President R. F. MADDOX Vice President T. J. PEEPLES Cashier. J. P. WINDSOR Assistant Cashier J. F. ALEXANDER Assistant Cashier. L I . THE WEATHER ] I — - < CONDITIONS. WASHINGTON. Dec. 4. The indica tions are that the weather will be unset tled with rains during the next 36 hours over oil east of the M!„ issippi river Temperatures will not change decidedlv in the Eastern and Southern states. GENERAL FORECAST. fallowing is the general forecast until 7 tn. Thursday: Virginia—Ram tonight and Thursday; warmer in southern portions tonight. North Carolina—Rain tonight and Thursday: warmer in east and central portions tonight. Soutli Carolina—Rain tonight and Thursday. Georgia Rain tonight and probably c*. Thursday. Florida - Rain tonight and probably Thursday. Alabama and Mississippi -Rain tonight and Thursday. Louisiana—Unsettled, occasional rains. Arkansas—Unsettled and cooler. Oklahoma—Unsettled: rain or snow and colder. East Texas Unsettled and colder West Texas Unsettled; snow flurries in north; colder. PRIMARY MOVEMENT. ~~WHEA7~- ■ 1912. ~ 1911. Receiptsl.47l,ooo 776.000 Shipments 965,000 217,000 corn— 1 1912. i in i l Receipts 725,000 - 927,000 Shipments , , .... 345.000 ’ 373,000 CHICAGO CAR LOTS. Following are receipts for Wednesday and estimated receipts for Thursday: I Wed n'day. I Thursday. Wheat 30 32 Corn 242 ; 85 Oats 14 7 ' 100 Hogs , . .37.000 I 31,000 BUTTER. POULTRY AND EGGS. NEW YORK, Dec. 4. -Dresed poultry, dull: turkeys, 14®23: chickens. 11®26: fowls. 11®'16%; ducks. 8® 18. geese. 8® 16. Live poultry, firm; chickens. 13® 14: fowls, 13® 14; turkeys. 18; roosters, 10%; ducks. 14® 15: geese. 13®14. Butte’', firmer: creamery specials, 31® 36' 2 ; creamery extras. 33® 38; state dairy , tubs. 24®35; process specials. 27%®’28. Eggs, steady ; nearby white fancy . 50® 55; nearby brown fancy, 41 (• 42: extra firsts, 39® 42; firsts, 30®'31. Cheese, steady . white- milk specials. 17%®'18; whole milk fancy, 16%®T7%; skints, specials. 14® 14%; skims, line, 12% ®l3' 2 ; full skims, 8® 12. LIVE STOCK MARKET. CHICAGO. Dec. 4. - Hogs Receipts 37.- 000. Market, shade lower. Mixed and butchers. 87.15® 7.70: god heavy. $7.60® 7.70: rough heavy . $7.10® 7.55; light. $7.10117.62: pigs, $5.50117.25: bulk. $7.55® 7.65. Cattle Receipts 18.000. Market, steady to 10 higher. Beeves. $6.40® 6.00: cows and heifers. $2.75@8.50: Stockers and feed ers. $4.75®7.60: Texans, $6.50118.40; calves $8.50® 10.50. •Sheep—Receipts 30.000. Market strong: native and Western. $2.50® 1.10; lambs, $4.75® 7.60. COTTON MARKET OPINIONS. Miller & Co.: "We look for a trading market pending the ginners report.’' Logan‘& Bryan: “Would buy on sharp reactions only.” Steinberger, Sinn & Co.: "We think sales on advances should prove profit able.” Thompson. Towle & Co.: "Advise pur chases on any reaction.” Baily & Montgomery: "We advise profit-taking on all I’ulges.” Norden & Co.: "We look for further liquidation, which will bring about a fresh decline." WANTED- Ships of all kinds to burn California oil and carry merchandise for the port of Los Angeles to and from the Panama Canal. The Ninth Anniversary Edition of The Los Angeles Examiner, out December 25th. tells just what the canal will do to Southern California. Mailed to any address in United States or Mexico. 15 cents; Canada or foreign points. 25 cents. Send in your order now 10-21-4 CEREJLS ACTIVE BUT IMUm Cable Reports Cause Early Drop, But Covering by Shorts Help Prices. ST. LOUIS CASH QUOTATIONS. Wheat —No. 2 red 105 Corn 47%®475* Oats 33% CHICAGO. Dec. 4. Disappointing cables were the leading weakening factor in wheat this morning and prices declined %c Northwestern receipts were consid erably tn excess of a week ago, as well as a year ago. and conditions in the Ar gentine Republic were favorable for an early movement, as the wheat is being cut there as rapidly as possible. Decem ber wheat at Chicago held rather steady at 84%c to S4'%c. Corn showed considerable strength early in the day, as the offerings were only moderate and shorts were the buyers. There is a big open interest in the May. While the wheat market closed %o lower for the May future and was off %c for December and ',<• for July, these final recessions were on profit-taking by longs and resting spots were : ' 8 c to %c below the highest prices of the day The mar ket was quite an uneasy affair. Export ers at Kansas City were said to be paying I%c over the price of yesterday for the No. 4 and the December future in that market was up sharply. Corn closed with December %(■ higher. May %'.• lower and the July about %c 1 lower From present indications there is likely to be more or less trouble among the bears to even up their posi tion. Gats closed %c lower to unchanged and hog products, while showing but little net change for the day. were irregular and unsettled. Cash sales for the day were wheat 5.000 bushels, corn 40.000 bushels and oats 95.- 000. CHICAGO GRAIN MARKET. Grain quotations: Previous Open. High. Low. Close. Close. WHEAT— Dec. 84% 84% 84% 84', 84% Mav '.'o% 90% 90% 9(l’, 90% [July 87% 87% 87', 87% 87% CORN Dec. 48% 48% 48', 49% 48%, May 48% 18% 48% 48’4 48% Julv 48% -195, 49% 49', 4!)% OATS— Dec. 31% 31% 31'- 31% 31% May 32% 33 32% 32% 33 July 32‘ 8 33% 32’ 8 33 33% PORK— Jll 19.22% 19.35 19.22% 19.27% 19.27% My 18.57% 18.67's 18.57% 18.65 18.60 LARD-- Dec 10.92'- 10.92’, 10.85 10.85 10.87% •In 10.55 10.62% 10.52% 10.57% 10.57% My 10.15 10.22% 10.15 10.17% 10.17% RIBS— Jan 10.17'-. 10.25 10.17% 10.22% 10.22% My 9.87% 9.95 9.87'i 9.90 9.90 LIVERPOOL GRAIN MARKET. • Wheat opened unchanged: at 1:30 p. m. the market was unchanged to %d lower. Closed %d to %d higher. Corn opened unchanged; at 1:30 p. m. the market was %<1 to %d lower. Closed %d Io ' i<l lower. CHICAGO CASH QUOTATIONS. CHICAGO. Dec. 4. Wheat —No. 2 red 1.C0®.1.03, No. 3 red 86®98. No. 2 hard winter 86®87. No. 3 hard winter 84®86%. No. 1 Northern spring 86%®87, No. 2 Northern spring 84%®86, No. 3 spring 81 SB3 I'orn No. 3 yellow 46%®47. No. 3 white 47®-18. No. 3 yellow old 56%. new 47% No. 4 44%®45%. No. 4 white 45%®45 5 81 No. 4 yellow 451’ 46',. flats No, 2 white 34% ®-35%. No. 3 white 32%®33. No. 4 white 31®32' 2 . stand ard 33%® 34. 17