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iMMEEffIGIN M-fflOlO I SHIP SUBSIDY ■Manufacturers Complain That ■ Rail Chiefs Are Trying io I Dominate Conference. B| milks of the Panama again was threatened ~. hotel tins morning ■ la.uglas, of Nashville, ■ ull , rests which. it is al- ■ ei-oiit by a Ship subsidy, M ’ introducing a resolution ■ convention to tile idea M .■., ■. . .a. nnrlne. ■ ’ . y president of the South- M '.. , eaupa'.n, was in the chair. M ..gut. Mr. Douglas, that hn- ■ might up this matter at ■B \\ . have.a number of proin- H mti.-ials here whom «<i ■ from. They have come H’[ ,s. There is a .separate B r . pp.-rimon for discussions of B marine, and I shall rule ■ . ■ ~u mt of order, at the risk B gm. Tilled by the convention. 1 Bjc.i ~t ~ii Mr. Kriegshaber, vice B . - .■ .■ ■ Uhamber of <'ommeree, ■ w take the ehair." B Ruled Out of Order. B v . , : I liar., been trying 24 hours p - question before the conven- B ported Mr. Douglas, “and - have B J,,/m.vreded and I should like to B f. n „ u V. hat hour the friends of the H pur,- have a hearing.’’ B a -i,■.■..!.t. of ( ’hattanooga., pres- B . large manufacturing con- B r ... rep: esenting at tile confer- B . .■ .. mmooga manufacturers with B S3O.M". 1 " 111 resources, said: B -Ye.-." Mr. i’hairmail, "there are a ■ , 1i! , 11 b,-r nt delegates here who are vi- B itrnr.-sted in this proposed reso- ■ lution." ■ .Mr. Kri.g.-liab'T ruled Mr. Douglas B nr. ~f order, but the advocates of the B rrume. • that thev will make a B ng],- u< passage at the afternoon B session. B Friend- .o' the resolution assert that B th, , i:m;d men are dominating the B relive, that they have had the im- B . <• 1,1 ~, nmi't.-e appointments and • .nm.int marine advocates have, B ■•I: r exc. pilon, been left off. They B p-i-hr tie fw tioiialism that has erop- B .' . i. • declare that an issue must B be made sooner or later. B Atlantan Made President. B T i.. gates honored Atlanta by B • ■>t Wilmer 1.. .Moore president of B miifen i,. . for tile ensuing year and B '.V.dter (I. < neper treasurer. Mr. Moore B ■ ■ . of town and it is not known that B •■• vi i accept, because of pressing B business duties. Mr. Cooper declined B "t this reimon mid the hotly then left B Me s> |.. ilo-j of treasurer to the presi- B on: ami an executive committee. The B .’ioi expressed a preference for a B hanker for this place, and Robert F. B Maddox was mentioned. The secre- B tan-manager is to be chosen like the B treasurer. B The exe--utiv< committee is composed B ■' James W. Porch, of New Orleans; B A. sinh y. of Birmingham; Wilson B P. Harvey. ~f Charleston; G. I. Swig fl swt. of Tennessee; E. O. Painter, of ■ Jacks,.i;v;;|,. ; [■' ]) Strachan, of Brun.s- ■ ’ jH ' : H'lny !•'. Baker, of Baltimore, B ' .t’ l s <Hook, of North Carolina. ■ i" .miens wiiieh'join In the confer- ■ '••■•vvment will be assessed $1 per B . v< ry hundred members and ■ nu-: v, t least 500 members. Indi- AN IDEAL GIFT FOR THE HOUSEWIFE -nn—ißim—n■■ n— nn hjh.ihw i—TWuwmiir- .^tinnmrTaTtn-TißiinrrTßrOT*iwyniwiiiiwinrw^. , ’ - toil H I I- •• ■ I i THE SANITARY MILK CABINET Protects the daily milk supply against the bad effects of summer's heat or winter’s cold. Powerful insulator creates vacuum that maintains even temperature from five to six hours. By its use your milk CAN’T FREEZE IN WINTER, CAN’T SPOIL IN SUMMER Save six first-page headings from consecutive dates of THE GEORGIAN. Present them, with $2.00 cash, at our office and get this practical and unique necessity. THE ATLANTA GEORGIAN Circulation Department. 20 E. Alabama Street Out-of-town subscribers add 25 cents for packing and shipping. STATE MOVES TO END OPERATIONS OF BOGUS INSURANCE AGENCIES The department of insurance has re ceived numerous complaints of late that bogus agents for industrial insurance companies have been operating through out the state, collecting premiums for companies they have no authority to represent. The department has given out a state ment. in response to these complaints, warning all policyholders not to pay premiums to persons personally un known to. them, unless such persons can show authority direct from the state department qualifying them to collect. TURNER EXONERATED OF “MOVIES” CHARGES BY COUNCIL PROBERS After a long session of investigation of the official conduct of City Electri cian R. C. Turner, on account of charges that he had shown discrimination in granting motion picture machine opera tors licenses, the special committee of council will report to council an exon eration of Mr. Turner. The committee, which met yesterday afternoon, will recommend a number of changes in the law requiring examina tions of motion picture machine opera ; tors. They decided the requirements ! now were too lax. | - PRESIDENT TO VISIT ! PANAMA FOR DATA ON APPOINTMENTS WASHINGTON, Dec. 11.—Announce ment was made at the white bouse to j day that President Taft will go to Pan iaina. He will leave here December 19 •and sail from Key West on the battle ship Kansas. The president will re turn to Washington December 31. The visit to Panama will be made for the purpose of looking over conditions lon the canal zone and obtaining data I for the appointment of officials to re | place the present commission. SUFFRAGE FIGHT IN NEXT S. CAROLINA ASSEMBLY COLUMBIA, S. C., Dec. 11—Miss Evelyn Doragon. of Cleveland, Ohio, a suffragette, who has been in Columbia for several days in the interest of a woman’s suffrage bill, said before leav ing that the measure would be intro duced at the coming session of the South Carolina legislature. Who will introduce the bill she would not say. I Miss Doragon has gone to Savannah, ! to work for the passage of a similar I bill through the Georgia legislature and to work up the suffrage organization in that state. viduals may and corporations and firms must give SSO each. Finley Declines Place. 1.. E. Johnson, president of the Nor folk and Western railroad; T. M. Em erson, president of the Atlantic Coast Line; Mr. Campbell, assistant to the president of tiie Baltimore and Ohio railroad, and others spoke of the inter- I est which the railroads felt in the canal | movement. President Finley was offered a place ' on a committee, but he decided that he I would prefer to work in the ranks. Mr. I Johnson declared it would be a mistake to’put the railroad officials very high in the movement. The discussions of a subsidy have a bearing on the recent move of Bernard D. Baker, of Baltimore, to make gov erment-owned ships idy the canal, with no railroad or railroad officer in terested in the lines. This project fell through for want of financial support, it is said, but the advocates of it de clared it would have made wholesome competition for the railroads. TTTE ATLANTA GEORGIAN AND NEWS. WEDNESDAY. DECEMBER 11. 1912. COTTON GOES OP ON SPOT DEMAND Increased Liverpool Sale Stim-i ulate Trade—Opinions Di vided on Estimate. NEW'YORK, Dec. 11.—Increased sales in Liverpool resulted in a buying move ment at the opening of the cotton mar ket today. The tone was barely steady, with prices a net advance of 3 to 5 points from last night’s closing quotations. The big Tirolessionals were inclined to side step. awaiting the government estimate tomorrow at 1 p. in., our time. The sell ing pressure that prevailed over the mar ket during the. forepart of the week was not in evidence. However, the ring sold rather freely, but the absorption by the larger S]A>t interests firmly maintained prie<-s in narrow ranges. After the call trading was less active and prices sagged a few [mints in most active positions from the initial figures. Futures in Liverpool firm; spots steady and in fair demand. The aggressiveness of spot interests to day brought caused uneasiness among shorts, which brought out some short covering However, there was very lit tle cotton for sale at times, but those who bought at lower prices furnished some of the cotton. New Orleans was said to have sold, also Wall Street sold, but it is more apparent that there are not any long lines in the market. About the most stimulating factor was the re port that John McFadden was very bull ish. saying the crop was not over 13,300.- bales and advised his friends to buy. This was said to have brought out a wave of good buying from a. number of good sources, causing a rapid advance, when prices regained the initial decline, rally ing 3 to 8 points over the opening. With the market being heavily sup ported by the larger interests it is appar ent that all interests are centered on the bureau report and show caution in mak ing their operations. Opinions are much mixed, but the feeling prevails that if figures are under 1.4,000,000 bales a good advance is evident. On the other hand figures over these would have a depress ing influence, causing a temporary de cline. Last year the government report estimated the output of 1912-13 at 14,885,- 000 iiales. The market was dull during the after noon. traders seemed to be standing aside, [trices were firmly maintained at the best figures of the day. which were said to be well evened up to meet the report. At the close the market was steady, with p-ices a net gain of 3 to 15 points from the final quotations of Tuesday. Semi-weekly' interior movement: I 1913, j 1911. I 1910. Receipts 1126,725 108,52:1124. 117 4 Shipments '116,457:147,3671109,256 '574,382 658,208 617.f,39 RANGEJ N NEW YORK FUTURES. I eI - . ® | < ® | o J _l-r. U | 2.5 I 'ec. 12.42.12.52i12.T2’12.52> 12.52-54 12.39-40 Jan. 12.55-12.64,12.51 12.62112.62-63112.50-51 Feb. I ! 12.62-12.62-64 12.51-53 Meh. 12.64 12.72 12.61'12.72112.70-71 12.59-60 April 1 112.66 12.56 May 12.60 12.67 12.51'12.67 12.66-67 12.56-56 • lune |ll 12.63 12.52-54 July 12.55 12.54 12.52'12.64 12.63-64 12.51-52 Aug. 12.44 1 2.55'1 2.44 12.54 12.54-55112.39-41 Sept. 12.00'12.02:12.00112.00111.99-01'll.96-12 oct, 11.84 II.Di 11.81 11.90 11.89-90 11,80-82 Closed steady. Liverpool cables were due to come 6 to 7 points higher, but the market opened firm 5 1 '2 to 6 points higher. At 12:15 p. m., the market was dull, 7% points higher on August-September and 6 to 6% points higher on other positions. At the close the market was quiet, with prices a net gain of 4 to 6' 2 points from the final fig ures of Tuesday. Spot cotton steady and in fair demand at 7 points advance; middling ?.06d; sales 10.600 bales, including 9.000 Ameri can: imports 22.000 hales, including 7,000 American; tenders, new' docket, 1,000 bales. Port receipts are estimated today at 63,000 bales, against 76.052 last week and 66,191 last year, compared with 61,317 the year before. RANGE IN LIVERPOOL COTTON. Futures opened firm. Opening. Prev. Range. 2 P. M. Close. Prev. Dec. . . . 6.79*4-6.78>« 2 6.7954 6.73*4 Dec.-Jan. 6.78 6.78 6.78 6.62 Jan.-Feb. 6.76 -6.75 6.76% 6.76 6.70 Feb.-Mcb. 6.74%-6.73% 6.74% 6.68% Meh.-Apr. 6.72 -6.73 6.73% 6.73 6.67 Apr.-May 6.73 6.72 6.65% May-June 6.70 -6.71 6.71% 6.71 6.64% June-July 6.68 -6.69 6.70 6.69 6.63% July-Aug. 6.65 -6.66% 6.67 6.66 6.59% Aug.-Sept 6.65*2-6.57 6.57 6.56 6.49% Sept.-Oct. 6.37%-6.38 6.37% 6.32 Oct.-Nov. 6.34 -6.33 6.33 6.32 6.27 Closed quiet. NEWS AND GOSSIP OF THE FLEECY STAPLE NEW YORK, Dec. 11.—N. L. Carpenter Ac Co.: The action of the market on open ing showed there was an overnight local short interest. Tomorrow is a great day for cotton traders. The government final crop esti mate will be made public. \ ery little was doing in the market to day; traders decided to hold off until after bureau day. Spot buyers who have recently re turned from a trip over Texas say they find most of the cotton very good In grades; also Oklahoma cotton was good in grades, but in Memphis thev meet somewhat poorer grades, but still better than that offered last year. Cotton is being held in Texas at 40 points above Liverpool basis and holders are inclined to sell. I’he ginnings from November 14 to De cember 1. of 1,553,001 broke all previous records for the period. Walter H. Moler says that 85 .per cent of the crop is ginned and that making a total of 14,300,000 bales, including linters. Georgia is beginning to surprise every one as to the size of Its output this sea- P an n ° longer be estimated at 1.600,000 bales, which has been the pre ion many estimators from the in itial of the season. Its ginnings to De cember 1, were 1,563,443 bales. W hlle trading was not of a large char acter today offerings were rapidly' ab sorbed, most of which came from spot in terests. Mitchell, Gwatbmey, Schill and Riordan were the leading buyers todav. A’erv lit tle cotton was for sale. The ring crowd covered ghosts today. Russell, Wilson, Hartcorn, Shantz, Hub hard and Schill were leading sellers dur ing the forenoon trading. "’he average guess of 131 members of the New York cotton exchange for the crop was 13,856,000 bales. Dallas wires as follows: "Texas gen erally cloudy and cold; raining In south ern anil eastern portions; 20 above at Amarillo. Oklahoma generally fair and cold. Following are 11 a. m. bids: December, 42.47; January, 12.56; March, 12.67; May, 12.63; July, 12.60. NEW ORLEANS, Dec. 11,—Hayward & (.’lark: The weather map shows cloudy in the entire belt, general rainfall in Okla homa and Arkansas, further rains in the southern half of the belt and Atlantics. Galveston section, disturbance oft Texas coast; will move eastward ami cause brisk to high northerly winds this after noon and tonight; much colder; small craft warned on Louisiana coast and bal ance of Texas coast. The New Orleans Times-Democrat says: in the effort to discount the gov ernment's cotton crop estimate due to morrow afternoon, the talent is confront ed- by an uncommon condition of affairs. The second largest crop is promised, the largest consumption on record is prom ised and nqw almost seems assured. Last year’s consumption was as large as this year's crop, and is likely to prove it, and if this year’s consumption is to exceed that of last year the prospect Is for a re duction in the amount of .American grown cotton in the world on August 31. 1913, as compared with August 31, 1912. It is this prospect that constitutes the bullish basis on which the cotton market lias been working. But in this connection it should not be forgotten that one year ago March contracts sold at 8.83 in New Or leans, or practically 400 points under the high price of March yesterday. These 400 points discount a very much clearer professional vision of cotton market in fluences, as well as the independence of an emancipated farmer, but they do not discount sustained excess of consumption over production. Last year’s heavy yield literally saved spinners from tiie cumulative evils of a series of years of under production of the raw' material. But the very bountffulness of the soil, which came to the rescue of the spinner, has also encouraged the spinner to expand his trade and need. Thus we are confronted by' a prospect of actual consumption in 1912-13 of, say fif teen million bales, which is the reason why the talent, in squaring up their ac counts on the eve of the government crop estimate by more contracts than they sell, even in the face of a wonderful advance during the past few weeks. The esti mate. which will not include linters, will be flashed to New Orleans at 1 o’clock tomorrow. The figure, it is expected, will fall below fourteen million. The talent as a rule is looking for a commercial crop of 14,500,090 bales. Following are 10 a. m. blds: December, 12.75; January, 1.2.78; March, 12.82; Maj, 12.88; Ju1y,’1.2.95 ’ Estimated receipts for Thursday: 1912. 1911. New Orleansll,soo to 12,500 11.447 Galveston 27,000 to 29,000 13,428 HAYWARD & CLARK’S DAILY COTTON LETTER NEW ORLEANS, Dec. 11.—The action of all the markets shows plainly' that a small bureau setimate is expected to morrow. The majority of people look for a government crop estimate much un der 14,000,000 bales, as the government gave a rather small figure even for last season's monster crop. Liverpool fully met yesterday’s advance on our side and shows futres and spots 7 points higher. Scarcity of sellers and confident buying for general accounts are the factors making for steady or strong markets everywhere. Bulls feel all the more confident In their position, as tomor row wil be the last day of the first half of Decetnebr ginning period, during which there has not been one day of altogether good weather. Ginnings during this ten day ginning period will, therefore, be very light and ihe census report on December 20 will support any small crop estimate. Greenwood, Miss., wires that their local cotton exchange estimates the crop at 13,- 800,000 bales, without linters or repacks. Our market opened about 2 points higher and advanced without recession to 12.84 for March. Bulls had it all their own way, and the least buying caused an ad vance, owing to the absence of sellers. Liverpool cabled: “Continent a general buyer.’’ New York again reported spot interests absorbing all selling Owing to the strong tendency and advance in fu tures suggesting a higher hedge market, demand for spots broadened this morning. Offerings are restricted, as owners are holding -ft for the bureau, expecting higher prices after the publication of the government estimate. RANGE IN NEW ORLEANS FUTURES. I C ■ ~ I 1 • i > 1 H I O ■ K | J | Her. ! I iTcZ [1276942780 12.69 12.80"■ 12.7 9 - 80; 12.71-72 Jan. 12,73 12.84 12.69 12.81 12.81-82,12.72-73 Feb 12.83-84 12.74-76 I Meh. 12.78 12.90 12.74'12.87 12.85-86 12.76-77 April 12.88-90,12.78-80 May 12.84,12.95 12.80 12.93 1 2.92-93 12.83-84 June 12.94-96:12.86-88 July 12.92.13.02 12.90.13.01 12.00-01 12.90-91 Oft. 12.9412.9412.94 12.9 4 12.92-94 12.88 Closed steady. SPOT COTTON MARKET. Atlanta, steady; middling 12%. Athens, steady; middling 12 13-16. Macon, steady; middling 12%. New Orleans, steady: middling 12% New York, quiet; middling 13c. Boston, quiet; middling 13c. Philadelphia, steady; middling 13.25. Liverpool, steady; middling 6.99 d. Augusta, steady; middling 13c. Savannah, steady; middling 12%. Norfolk, nominal; middling 12%. Mobile, quiet; middling 12%. Galveston, steady; middling 12%. Charleston, steady ; middling 12%. AVilmlngton. nominal. Little Rock, flrm; middling 12%. Baltimore, nominal; middling 12%. Memphis, steady; middling 13c. St. Louis, quiet; miadling 13%. Houston, steady; middling 12%. Louisville .firm; middling 13c. COTTON MARKET OPINIONS. Thompson. Towle & Co.: “We favor I the long side of the market, but suggest that purchases be made with caution." Logan & Bryan: “The coming govern ■ merit report Is the subject of much com ment anil many good people advise cau tion.” A. Norden A Co : ”We believe the | market will work higher." Hayden. Stone W Co.: “Any prominent decline In contracts seems unlikely." STOCK EXCHANGE SEAT SOLD. NEW YORK, De. 11. A stock ex •uulige sent was Kuhl yesterday for the I sum -I Which WMM |:l. •••»•• less , than previous sale, ctid wue tin- lowest for th< year HEAVY LOSSES IN PDICEOFSTOCKS Apprehension of Unfavorable Court Decision Next Monday Causes Liquidation. By CHARLES W. STORM. NEW YORK. Dee. ll.—lrregularity marked the trading at the opening of the stock market today, price changes were fractional, and chief interest cen tered in the specialties. After fifteen minutes trading, most of the stocks on the. list had sustained losses. Canadian Pacific was strong, the first sale being made at 262%, an advance of % over last night. United States Steel common opened unchanged at 65%, then moved up to 66%. and finally sold oft to 65%. Lehigh Valley opened for a gain of %, and later increased its net advance to I point, but lost it on subsequent sales. Among the advances on first sales were Amalgamated Copper ■%, American Can %, American Beet Sugar %, .American Smelting %. Atchison %. The initial losses Included Texas Pacific %, Reading %, People’s Gas (Chicago) %, Consoli dated Gas % and American Locomotive %. The curl> market was irregular. Americans in London were stronger. Steel was a strong feature of the Ameri can department there. AMgorous buying appeared in the late forenoon and gains ranging from fractions to more than 2 points were made in the leading Issues. Southern Pacific was the most prominent, advancing 2 points to 110*8. Reading, California Petroleum, Mexican Petroleum and St. Paul moved up a point each, while fractional gains were recorded in Canadian Pacific, Union Pa cific. Lehigh Valley. Colorado Gas. Utah Copper and Amalgamated Copper. Call money was easy at 4% per cent. Bears raided Union Pacific on the stock exchange this afternoon, driving down the price over 6 points. Aggressive sell ing followed the annual report of the Harriman system for the fiscal year end ing June 30 last, which fell short of ex pectations. The report showed that the total operating revenues of Union Pacific had decreased more than $3,000,000 and the transportation expenses had increased over $700,000. The gross operating in come for the year was $85,9<7,608.78, the total operating expenses $54,758,696.53. leaving a net operating income of $31,- 219,413.25, a decrease of $4,491,713.37. As the supreme court decision dissolving the Union and Southern Pacific merger had been handed down since the fiscal year covered in the report, it was not men tioned, but it was evident that this helped the bear attack. In the last hour interest centered in Union Pacific, which was 8 points lower than the opening price on heavy selling. Big blocks of Reading and Steel common were also thrown upon the market. Sev eral big Interests tried to stem the bear attack and one banking house absorbed 10,000 shares of t'nion Pacific in support of that issue. The fall of Union Pacific was checked and It recovered 1 point of its loss, but later resumed the decline. The tone yvas weak. In the bond market Union Pacific con vertible fours were off 6% points. The market closed Irregular. Government bonds irregular: other bonds unsettled. Stock quotations: | | |Last|Clos.|Prev STOCKS— IHlghlLow. ISale.l Bld .ICT— Ainal. Copper. 76% 73% 74% 74% 76% Am. Ice See. . J 18 : 18 18 ' 18 18 Am. Hug. Ref.jU6% 113% 113% 113% 113% Am. Smelting 70%; 68% 69% 69 1 69% Am. Locomo. .' 42% 41 :41 -41 41% Am. Car Fdy..; 55 63 53 I 53%l 64 Am. Cot. Oil . 56% 54% 55 ' 55 56 Am. Woolen .. | 19%’ 19% Anaconda .... 39% 37% 37% 37% 38% Atchison 106 104% 104% 104 105% A. C. 1137%'136%T.36% 136% 137 American Can 28% 26% 26% 27% 26% do. pref. ..114% 114 1114%-113 113% Am. Beet Sug. 50 47% 47%: 48 49% Am. T. and T.'139%i138 188 [137% 138 ~ Am. Agricul. . ~..[ ....[ .... 54 55 Beth. Steel ..' 35% 34 34% 34% 35% B. R. T 87% 85% 86% 86%: 87% B. and 0104% 103% 103*, 193% 103% Can. Pacific .. 263% 255% 257 258% 261% Corn Products 14 13% 13% 13% 13% C. and OI 78% 77%. 78 77’, 77% Consol. Gas .. 138%, 136 ’136% 136% 137% Cen. Leather .' 27%’ 26 26 26% 27% Colo. F. and 1. 33 36% 32 32% 31% Colo. Southern .... .34 34 D. and H 162% 162% 162% 162% 163 Den. and R. G. 19% 19%, 19%! 19 I 20% Distil. Secur .'2l '2O 20 ; 19% 20% Erie 32% 30% 30% 31%: 31% do. pref. .49% 48 48 '4B 48% Gen. Electric . 182% 1179%1(79% 180 :182 Goldfield Cons. | ...' ....; .... 1% 1% G. Western .. 17% 16% 16 s , 16% 16% G. North., pfd. 134% 132%. 133 132% 133% G. North. Ore.' 41%. 40 ’4O I 40 . 41% Int. Harvester 111 % 111% 111106 no 111. Central ... 125 125 125 125 125 Interboro ....I 17% 16% 16% 16%; 17% do, pref. .. 61% 58% 58%' 58% 60% lowa Central ' .... . ...| .... 10 11 K. C. Southern’ 26% 26%; 26% 26 26% K. and T|26% 25% 25% 25% 26% do, pref. ~i 60 61 L. Valley. . . 170 ’164 ’166% 166% 167 L. and N. . . 141 % 139% 139%|139%J142 Mo. Pacific . . 41 40% 40% 40% 40% N. Y. Central 110 : 108%;108% 108% 109% Northwest. . . 136* 8 135% 135% 134% 135% Nat. Lead . .: 55 I 54% 55 i 54%; 55 N. and W. . . 112 1111 'lll 1110% 111% No. Pacific. . 120%'H8 118%'118%,119% O. and W. . . 32 31% 31%; 30% 31% Pennl.2l 1111% 120*(,T20 120% Pacific Mail. . 30 30 30 29 ' 30% P. Gas Co. . .111 110- ;110 !109%110% P. Steel Car . 35 34 34 I 34 34% Reading. . . . 168% 1.62 164% 164*, 166% Rock Island. 23% 23 23 22% 23% do. pfd.. . . 44% 42% 42% 46*, 44 R. I. and Steel 24% 23% 23*., 23% 24 do. pfd.. . . 87 85% 85% 84% 85% S. -Sheffield’ 48 45% So. Pacific . . 110 107%;i08%!108% 108 So. Railway . 28 ' 27% 27% 27% 27% do. pfd.. . . 80 79 79 79% 79% St. Paul. . .112 109% 110% 110% 110% Tenn. Copper 37 35% 26 : 25% 26% Texas Pacific 22% 22 !22 21% 22 Third Avenue 34 34% Union Pacific 162% 153% 155*% 155 161% L”. S. Rubber 63% 61% 61% 62% 62% I’tah Cop],er . 58% 55 56% 55% 58 U; 8. Steel . ««% 63% 65 64% 65H do. I>fd.. . . 108% 107% 108 107% 108 V. Chem. 43 ’ 41% 41% 44% 42 West. Union . 74 72 72% 72% 73 Wabash. ... 4% 4% 4*» 4 4 I do. pfd.. . . 13% 13% 13% 12% 13 W. Electric . 77 73 j 76 75*, 77% Wis. Central .... 49 50 W. Maryland 51 51% Total sales, 1,279,400 shales. METAL MARKET. NEW YORK, Dec. 11.—Trading at the metal exchange quiet, tone, steady. Quotations: Copper spot 17 bid. De cember 171 i 17.37%. January-February 16.87%, load 4.25(1/ 4.40, spelter 7.20 l ’«7.10, tin 49.25(0 49.75. STEEL EARNINGS ESTIMATE. NEW YORK. Dee. 11. It is estimated that the net earnings for the United States Steel Corporation for the year of 1912 will reach approximately $108,000,000 and will leave a surplus for the year close to $5,000,000 MINING STOCKS. BOSTON, Dee. IL—Opening: Butte Superior 39, North Butte 31%. Pond Creek 25, Smelting 40%, Calumet and Arizona 48%. POULTRY, BUTTER AND EGGS. NEW YORK. Dec, 11. Dressed poultry dull; turkeys, chickens, It'u26; fowls, 114116%; ducks, 84110%; geese. 15 4i 16 Live poultry Irregular: chickens. 1341,13%; fowls, 13*34114%; turkeys. 16 (asked i; roosters, 10% (asked i; ducks. 14 1(115; geese, Hutter barely steady; creamery specials, ::3<u3B: creamery extras, 314t36*„; state '■iuiry, tubs, :4 u 35; process specials, 27% i 4( 28 Eggs unsettled; nearby white luney. 45 ibid); nearby brown tancy, 35.u3(i; extra firsts, I:*'/:',, firsts. 2X u 3’l Cheese steady; whit, milk sp-> luls. 17*, a 18; w hob milk fancy, 16% >t 17-, . skims. I specials. 13* a Hl<’< skims, tine, ’2%»U. full skims, 84/12. ATLANTA MARKETS ■ 1 I EGGS—Fresh country, candled, 33@350. 1 BUTTER—Jersey' and creamery. In 1-lb. blocks, 25@27%c: fresh country, dull. 20 I @22%c. DRESSED POULTRY—Drawn, head and feet on. per pound: Hens, 17@18c; I fries, 20'(j22%; rosters. 8(J10c: turkeys, I owing to fatness, 174j18e. LIVE POULTRY—Hens, 40<545c; roost. I ers, 25@30c; fries. 25@35c: broilers, 20® j 25c; puddle ducks. 25@30c: Pekin ducks, j 35<&40c; geese, 50®G0c eacn; turkeys, ow ing to fatness. 15©18c FRUITS AND PRODUCE. FRUIT AND VEGETABLES—Lemons, fancy, $5.50@6.00 per box; bananas, 2%®3 1 per pound: cabbage. 1.25(01.50 pound; pea nuts, per pound, fancy Virginia 6%@7c, choice, 5%@6c; lettuce, fancy. $1.’0@1.75; choice $1.25®1.50 per crate: Deets, $1.50@ 2 per barrel: cucumbers, 75c®$l per crate; Irish potatoes. 90c® LOO. Egg plants, s2®2.6o,ner crate, pepper, $1®1.25 per crate: tomatoes, fancy, six basket crates. $2.00®2.50; mneapnles, $2 @2.25 per crate; onions, 75c@$l per bushel, sweet potatoes, pumpkin yam, 40@50c per bushel. PROVISION MARKET. (Corrected by White Provision Company.) Cornfield hams. 10 to 12 pounds average, 17c. Cornfield hams, 12 to 14 pounds average. 17c. Cornfield skinned hams. 16 to 18 pounds average. 18c. Cornfield pickled pig’s feet, 15-pcund kite. 81.26. Cornfield jellied meat In 10-pound dlnnel pail, 12%c. Cornfield picnic hams, 6 to 8 pounds av erage, 13%c. Cornfield breakfast bacon, 24e. Grocer style bacon (wide or narrow), 18%c. Cornfield fresh pork sausage (I’nk OI bulk) 25-pound buckets. 12%c. Cornfield frankfurters, 10-pound buck ets. average, 12c. Cornfield bologna sausage, ?*-pound boxes, 11c. Cornfield luncheon hams, 25-pound boxes. 14c. Cornfield smoked link sausage, 25- pound boxes, 10c. Cornfield smoked Unit sausage in plckla, bO-pound cans. $5. Cornfield frankfurters in pickle, 15- pound kits, $1.75. Cornfield pure lard, tierce basis, 12%c. Country style pure lard, 60-poimd tins, ll%e. Conipound lard (tierce basis), B%c. D. S. extra ribs, 11 %c. D. S. Rib bellies, medium average, 12%0 D. 8. bellies, light average, 13c. FLOUR AND GRAIN. FLOUR—Postell’s Elegant, $7.50; Ome ga, $7.50; Carter’s (best), $7.00; Gloria (self-rising), $6.25; Victory (finest pat ent), $6.40; Diamond (patent), $6.75; Monogram, $6.00; Golden Grain, $5.50; Faultless, finest, $6.25; Home Queen (highest i/atent), $5.75; Puritan (highest patent), $5.75; Paragon (highest patent), $5.75: Sun Rise (half [latent). $5.25; White Cloud (highest patent), $5.50; White Lily (high patent), $5.50; White Daisy, $5.50; Sunbeam, $5.25; Southern Star (patent), $5.25; Ocean Spray (patent), $5.25; Tulip (straight), 4.15; King Cotton (half pat ant), $5.00; low grade. 98-lb sacks, $4.00 CORN Choice red cob, 73c; Tennessee white, 72c; choice yellow, 73c; 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, 52c; No. 2 clipped 51c; fancy white, 50c; No. 2 white, 49c; No. 2 mixed, 48c; Texas rust proof, 65c; Oklahoma rust proof, 60c; Appier, 75c; winter grazing. 75c. COTTON SEED MEAT,—Harper, S2B; prime, S2B; creamo feed. $25. POTTON SEED HL’l.LS—Square sacks. $ll.OO. 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. 81.25. HAY’ —Per hundredweight; Timothy, choice, large bales. $1.40; No. 1 small, $1.25: No 2 small. $1.15; Timothy clover mixed, $1.15; clover hay. $1.15; alfalfa, choice. $1.43; No. 1, $1.40; wheat straw, 70c; Bermuda hay. 85c. FEEDS! OFF. SHORTS-White 100-lb. sacks, $1.90; Holiday, white. 100-lb. sacks, $1.90; dandy middling. 100-lb. sacks, $1.90; fancy 75-lb. sack. $1.85; P. W., 75-lb. sacks. $1.70; brown, 100-lb. sacks, $1.65; Georgia feed, 75-lb. sacks. $1.70, bran, 75-lb sacks, $1.40; 100-lb. sacks, $1.40; Homeclolne, $1.60; Germ meal. $1.60; sugar beet pulp. 100-lb. sacks. $1.60: 75-lb, $1.60 CHICKEN FEED—Beef scraps, 50-lb. sacks, $3 50; 100-lb. sacks. $3.25: Victory pigeon feed, $2.25; Purina pigeon feed, $2 25; Purina scratch, 100-pound sacks. $1.90; Victory baby chick, $2.05; Purina chowder, dozen pound packages, 82.30; Purina chowder. 100-lh. sacks, $2.10; Eggo, $2.10; Victory scratch, 100-lb. sacks, $1.90; Victory Scratch, 50-lb. sacks, $1.95; wheat, 2-bushel bags, per bushel, $1 40: oyster shell. 80c: Purina pigeon feed. $2.35 special scratch, 10-lb. sacks, SI.BO. GROUND FEED—Purina feed, 100-lb sacks, $1.75: 175-lb. sacks, $1 75; Purina molasses feed, $1.70: Arab feed, $1.70; Allneeda feed, $1.65; Suvrene dairy feed, $1.60; Universal horse meal. $1.30; velvet feed. $1.50; Monogram, 100-lb. sacks, $1.80; Victory horse feed. 100-lb. sacks, $1.60; A. B. C. feed, $1.55; Milko dairy feed, $1.70; alfalfa molasses meal, $1.75; alfalfa meal, $1.50. GROCERIES. SUGAR—Per pound, standard granu lated, 5%; New York refined. sc; planta tion, 6c. COFFEE —Roasted (Arbuckle’s). $25; I AAAA. $14.50 in bulk; In bags and bar rels, s2l; green, 20c. RlCE—Head. 4%@5%c; fancy head, 5% @6%c. according to grade. LARD —Silver leaf, 12%c per pound; Scoco, 9c per pound; Flake White, 9c per pound; Cottolene, $7.20 per case; Snow drift. $6 per case. CHEESE Fancy full cream. 21c. SARDINES —Mustard, $3 per case; one quarter oil. $3. SALT One hundred pounds, 52c; salt brick (plain*, per case, $2.25; salt brick (medicated), per case, $4.85: salt, red rock, per cwt., $1.00; salt, white, per i-wt., 90c; Granacrystal. case, 25-lb. sacks, 75c; salt ozone, per case, 30 packages, 90c; 50- lb. sacks, 30c: 25-lb. sucks. 18c. NEW YORK PRODUCE MARKET. NEW YORK, Dec. ll.—Wheat, firm: May, 95%4195%: spot. No. 2 red, $1.06 in elevator and $1.07 f o. b. Corn, firm; No. 2 in elevator, nominal: No. 4, nominal. Oats, steady; natural white, 37®40; white cllped, 37@41. Rye, firm; No. 2, nominal f. o. b. New Y ork. Barley, quiet; malting, 564/70 c. I. f. Buffalo. Hay, firm; good to prime, 85®51.15; poor to fair, 95®51.05. Flour, steady; spring patents, $4.60® 4.95; straights, $4.50® 4.60; clears. $4.25® 4.35; winter patents. $5.20® 5.40; straights, $4.65® 4.80: clears. $4.30® 4.40 Beef, dull: family, $24.00® 25.00. Pork, weak; mess, $19.25® 19.50; family, 23.00@24.00. Lard, easy; city- steam, 10% hid; mid dle West spot. 11.30 bid. Talow, quiet; city, in hogsheads, nomi nal. LIVE STOCK MARKET. CHICAGO, Dee. 11 Hog- Receipts 52.- 600. Market 15c lower. Mixed and butch ers $7.05® 7.55. good heavy $7.45® 7.55. rough heavy s7® i 4ti, light $7@7.50, pigs s7.3a@ 7.50, bulk $7.30® 7.45. Cattle Receipts 28,000. Market 10c to 20e lower. Beeves 06.40® 10.90. cows and heifers 52.75® 8.50, stinkers and feeders $4.90 ’1 7.75, Texans $6.40® 8.50, calves $8.75 (</ 10.50. Sheep -Receipts 35,000. Market strong. Native and Western $3.40® 4.90, lambs $5 @B.IO. NEW YORK GROCERIES. NEW YORK De. 11 Coffer steady. INo 7 Rio spol, 14'0 14%. Itiee steady: I domestic, ordinary to prime. 4%@5%. -Molasu’. steady: New <)rhnus. open ket tle, lO'ii.M) Sugar, raw. firm; lentrlfugal. I l.u'i: niUHvovudo, 3.55; nioJnsses sugar. 3.3*); tiillneil mine aeti\standard gran | ula.ted. 4.95; cut loaf, .10: crust.id. %6): I mold A. 5.25. eulii - . 5.15: powdeied. 5.00. ..Hm.ind \. 1*90; . mil' • tl- iw r V, t. 75 •Nr 1.4 65. No. i, I 60, .\u 3, I 55, N’ I CEHEfiLS RECEDE INUTMINC Optimistic Cables Cause Early Advance, But Selling Causes Irregular Close. ST. LOUIS CASH QUOTATIONS. Wheat—No. 2 red 104%@108 Corn ’ 47% Oats 33 CHICAGO, Dec. 11.- Wheat opened %c to %c higher on a steady tone at Liver- ; pool, where the market Wjts about %d higher. The situation In Argentina may be called less promising and a special ca ble from there estimates the exportable surplus as having been reduced to 130,- 000,000 bushels, but the crop, as a whole, in the country may be called favorable. Northwestern receipts today were 791 cars, against 999 a week ago and 313 a year ago. Corn was up %c to %c. although Liv erpool was %d lower, because of the in creased pressure from Plate cargoes and parcels. Weather over the com belt con tinues favorable, with seasonable temper atures. The cash demand for corn, how ever, was disappointing Local receipts were 337 cars. Oats were %c to %c higher under a run of 192 cars, and good demand from do mestic buyers, as well as speculators. Hogs at the yards were 10c to 150 lower under a run of 51,000 head. In the pit prices were off from 12%c to 250 with pork the weakest. The smash in the price of stocks in Wall Street caused many of the longs in wheat to throw their holdings overboard and the unexpected onslaught unnerved the bulls and sent prices to a lower level. The May future closed about % off. July was off nearly %c and the December op tion was %c higher. The situation In wheat looked stronger early and the high est price of the day was reached before 11 o'clock. Word came from Minneapolis that wheat stocks there are accumulating on the sidetracks with shipping directions on flour coming in slowly and cash wheat rather dull. Corn closed % to %c lower, but last prices showed some reactions from the lowest levels. Only 75,000 bushels cash corn changed hands. Oats were unchanged to % to %c lower and only 200,000 bushels cash were traded in. Hog products sold off sharply and were under pressure during the entire session. Tiie trade in cash meats and lard was reported by packers as somewhat smaller. CHICAGO GRAIN MARKET. Grain quotations: Previous Open. High. Ixiw. Close. Close. WHEAT— Dec. 84 84% 83% 83% 83% Mav 89% 89% 88% 89% 89% July 86% 867® 86% 86% 86% CORN— Dec. 47% 47% 47 47% 47% May 48% 48% 48% 48’* 48% July 49 49% 48% 48% 49 OATS— Dec. 34% 32% 32% 32% 32% May 32% 33 32% 32% 32% July 33 33 32% 32% 32% PORK— Dec 17.00 17.00 17.00 17.00 Jan 18.75 18.77*® 18.50 18.55 18.95 M’v 18.50 18.52% 18.25 18.25 18.60 LARD— Dec 10.60 10.60 10.55 10.55 10.65 Jan 10.30 10.30 10.10 10.15 10.37% M’y 10.00 to.or* 9.95 9.95 10.07% RIBS— Jan 10.00 10.05 9.95 9.05 10.07% M’y 9.85 9.85 9.75 9.75 9.90 LIVERPOOL GRAIN MARKET. Wheat opened %d higher; at 1:30 p. m. the market was %d to %d higher. Closed %d to %d higher. Corn opened %d lower; at 1:30 p. m. the market was %d lower. Closed un changed to %d higher. CHICAGO CASH QUOTATIONS. CHICAGO, Dec. 11.—Wheat—No. 2 red 99® 1.03, No. 3 red 90@98, No. 2 hard win ter 85%@88, No. 3 hard winter 83%@86. No. I Northern spring 86%@87%, No. 2 Northern spring 85@86, No. 3 spring 82 @ 84. Corn No. 3 yellow 45%@46, No. 3 white 45%@47, No. 3 yellow 40@47, No. 4 44 @•45, No. 4 white 44%@45%, No. 4 yel low 44%®45%. Oats No. 2 white 35, No. 3 white 33%. No. 4 31%, No. 4 .white 31@33, standard 31%@34%. PRIMARY MOVEMEMT- ~WHEAT— 1 1912. I 1>». Receipts 1,261,000 I 528,000 Shipments| 423,000 | 242,000 CORN—| 1912. I 1311. It/’ •..![,(s 745.000 1,604,000 Shipments44s,ooo 718,000 NEW YORK COFFEE MARKET. Coffee quotations: I Opening. | Closing. Januaryl3.ls 13.13® 13.16 Februaryil 3.25® 13.35 13.37 @ 13.38 Marchl3.4s® 13.55 13.30® 13.31 Aprilll3.6s© 1.3.65 13.60® 13.62 May 13.68 13.71&13.72 June13.74@13.76 13.76® 13.78 Ju1y13.79@13.81 13.82® 13.83 August 13.84 13.86@13.88 September[l3.B9(ol3.9o 13.91@13.93 0ct0ber,13.89®:13.90 13.91 A 13.93 Novemberl3.B9® 13.90 13.91 @13.93 Decemberl 13.0d@13.0~> Closed steady. Sales, 77,758 bags. COTTON SEED OIL. Cotton seed oil quotations: I opening. | CloFng. ■Spot’ 6.29@6.4.~> December . . . 6.26@6.30 6.30@6.34 January6.2s® 6.26 6.27@6.29 February . . . .1 6.28@’6.32 6.39 ' March| 6.34@6.35 6.37@6.38 Aprill 6.36®6.40 6.41®6.44 May| 6.42®6.43 6.47® 6.48 Junel 6.43W6.47 6.48@6.49 Ju Iy_ I 6,49@6. 50 6.51@6.53 Closed heavy; sales 14.800 barrels. GIRL-WIFE, 17, SAYS HUSBAND DESERTED HER AND TWO BABES With two infants in her arms, Mrs. Della Smith, seventeen years old, called at the office of Probation Officer Coog ler today, related a pathetic story of desertion by her husband, Melvin F. Smith, a young farmer, and pleaded with the probation officer to find and prosecute him. "He lias left me with these two babies to care for. and I am penniless and don't know what to do,” sobbed tiie girl. Mrs. Smith, whose home is in DeKalb county, near tiigleside, said her hus band brought her and the two babies to Atlanta two weeks ugo to visit her fa ther. J. M. Roberts, 36 Gaskill street, ami then disappeared. Since then site ji Ims seen nothing of him. Smith’s fa titer, she said, had since to.d iter remarked that “tie was gone for gojC' Tiblest child Is a gi.'i. \ ,• j/ |2l months. The other is a ‘months old. your buslntM ~ ’ 'I her if not trt a F<r4R <’pportuniiy at’ in 19