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MULNELIINGIN ffl-W OKB SHIPSUBSIDY Manufacturers Complain That Rail Chiefs Are Trying to Dominate Conference. [ V . , t.i the ranks of the Panama gates again was threatened I' oinoi'.t hotel this morning < ,'n l G Douglas, of Nashville, interests which, it is al ■l,l profit by a ship subsidy. . ..a introducing a resolution the convention to the idea • : ant marine. " W \\ I’inh y. president o.f the South- Il , ..a ruinpany, was in the chair, -j regret, Mr. Douglas, that brought up tills mutter at We have a number of prom ■,.:id officials here whom we. ’ ; tl , hear from. They have come; - antes. There is a separate* ■afternoon for discussions of ant marine, and 1 shall rule ~ out of order, at the risk | oi-bring o'.-rruled by the convention. I ~1 on Mr. Kriegshaber. vice president of the Chamber of Commerce, to take the chair. Ruled Out of Order. w. I . 1 have been trying 24 hours, ties question before the conven- I tioii." asserted Mr. Douglas, “and have: ;,., t . . ■ • ,1«.<1 and I should like to know at what hour the friends of the measure tnav nave a hearing. ’ D. .Vi Stewart, of Chattanooga, pres cient .-f i large manufacturing con e.-rn and representing at the confer-j Chattanooga manufacturers with I $30.000,0i" 1 resources, said: "Yes.'’ Mr. Chgirman. “there are a| number oi delegates here who are vi- ( tally interested in this proposed reso lution.” Mr. Kriegshaber ruled Mr. Douglas „ut of order, but the advocates of the measure declare that thev will make a light for its passage at the afternoon | session. Friends of the resolution assert that the railroad men are dominating the '•.inference, that they have had the im- ! portant committee appointments and I tiie merchant marine advocates have, >, with one exception, been left off. They I deplore the factionalism that has crop ped out, but declare that tpi issue must be made sooner or later. Atlantan Made President. Th" delegates honored Atlanta by • keting Wilmer L. Moore president of i.i- conference for the ensuing year and Walter G. Cooper treasurer. Mr. Moore is out of town and it is not known that e will accept, because of pressing business duties. Mr. Cooper declined ir tills reason and the body then left hie selection of treasurer to the presi dent and an executive committee. The convention expressed a preference fqr a banker for this place, and Robert F. I Maddox was mentioned. The secre- j (ary-manager is to be chosen like the treasurer. The executive committee is composed "i Jiinie.- W. Porch, of New Orleans: John A. Sibley, of Birmingham; Wilson •k Harvey, of Charleston; G. I. Swig tort, of Tennessee; E. O. Painter, of Jacksonville; F. D. Strachan, of Bruns i'l:; Henry F. Baker, of Baltimore, nd 1 mirles C. Hook, of North Carolina, Associations which join in the confer ence movement will be assessed $1 per *■. every hundred members and must have at least 500 members. Indi- AN IDEAL GIFT FOR THE HOUSEWIFE IfilF uMki I mmmpbb Mi 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 wem, with $2.00 cash, at our office and get this practical and unique necessity. THE ATLANTA GEORGIAN ( irculation 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 thfey 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 Air. 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 tire requirements now were too lax. PRESIDENT TO VISIT PANAMA FOR DATA ON APPOINTMENTS WASHINGTON, Dec. 11.—Announce ment was made at the white house to day that President Taft will go to Pan ama. 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 on the canal zone and obtaining data 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. Miss Doragon has gone to Savannah, to work for the passage of a similar bill through the Georgia legislature and to work up the suffrage organization in that state. viduals may ami corporations and firms must give SSO each. Finley Declines Place. L. 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 the Baltimore and <thio railroad, and others spoke of the inter est which the railroads felt in the canal movement. President Finley was offered a place on a committee, but he decided that he would prefer to work in the ranks. Mr. 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 ply 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. THE ATLANTA GEORGIAN AND NEWS. WEDNESDAY. DECEMBER 11. 1912. BUTTON GOES UP ON SPOT DEMAND Increased Liverpool Sale Stim ulate Trade—Opinions Di vided on Estimate. NEW YORK, Dee. 11.—Increased sales in Liverpool resulted in a buying move ment at the opening of the cotton mar ket today. Tiie tcgie was barely steady, with prices a net advance of 3 to 5 points from last night's closing quotations. The big professionals were inclined to side step. awaiting the government estimate tomorrow at 1 p. m., 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 spot interests firmly maintained prices in narrow ranges. After the call trading was less active and prices sagged a few points 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 13,800,- bales and advised his friends do 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 14,000,000 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 bales. The market was dull during the after noon, traders seemed to be standing aside, prices 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 prices a net gain of 3 to 15 points from the final quotations of Tuesday. Semi-weekly interior movement: 1 1912. ' 191'1. I 1916" Receipts 1126,7251168.5231124,374 Shipments 116,457 147,3671109,256 ■.574.3821658,208|617,639 RANGE IN NEW YORK FUTURES, • ® 2 I ®2 OIS J u , -D l“. Jan. 12.55 12.64,12.51 12.62 12.62-63'12.50-51 Feb 12.62112.62-64 12.51-53 Mcii. .12.64 12.72112.61'12.72'12.70-71,12.59-60 April |12.6« 12.56 May 12.60 12.67 12.51 12.67 1 2.66-67 12.56-56 June ''i 12.63 12.52-54 ■lnly 12.55 12.54 12.52 12.64 12.63-64 12.51-52 Aug. 12.44 12.55'12.44 12.54 12.54-55 12.39-41 Sept. 12.00 12.02 12.00'12.00 11.99-01 11.96-12 <)et. 11.84 11.90|1.L8i;i1.90:i1.89-90111.80-82 Closed steady. Liverpool cables were due to come 6 to 7 points higher, but the market opened linn 5% to 6 points higher. At 12:15 p. in., 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% points from the final fig ures of Tuesday. SpQt cotton steady’ and in fair demand al 7 points advance; middling 7.06 d; sales lUjklO bales, including 9.000 Ameri can; imports 22.000 bales, 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%-6.78% 6.79% 6.73% Dec.-Jan. 6.78 6.78 6.78 6.62 Jan.-Feb. 6.76 -6.75 6.76% 6.76 6.70 Feb.-Meh. 6,'.4%-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%-6.57 6.57 6.56 6.49% Sept.-Oct. 6.37%-6.3S 6.37% 6.32 Oct.-Nov. 6.34 -6.33 6.33 6.32 6.27 Closed qujet. NEWS AND GOSSIP OF THE FLEECY STAPLE NEW YORK. Dee. 11.—N. L. Carpenter ; . Co.: The action of the market on open ing showed there war 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 1 bureau day. Spot buyers who have recently re turned from a trip over Texas say they nnd most of the cotton very good In grades; also Oklahoma cotton was good in grades, but in Memphis they 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 The 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 r.o. l an 110 lunger be estimated at 1,600,000 bales, which has been the pre diction of many estimators from the In itial of the season. Its ginnings to De- Ce i?-s? r 1 ” w< ?re 1,563.443 bales. W bile trading was not of a large char acter today offerings were rapidly ab sorbed, most of which came from spot in terests. Mitchell, Gwathmey, Schill and Riordan were the leading buyers today. Very lit tle, cotton was for sale. The ring crowd covered shorts today. Russell, W ilson. Hartconi, Shantz, Hub hard and Schill were leading sellers dur ing the forenoon trading. A* l ** avara 8e guess of 131 members of the New York cotton exchange for the crop was 13,850,060 bales. Dallas wires as follows: “Texas gen erally cloudy and cold; raining in south ern and eastern portions; 20 above at Amarillo. Oklahoma generally fair and cold. Following are 11 a. ni. bids: December, January, 12.56; March, 12.67; May, 12.63: July, 12.60. NEW’ ORLEANS, Dec. 11.—Hayward & Clark: 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 off Texas coast; will move eastward and cause brisk to high northerly winds this after noon ami tonight; ninch 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 argest consumption on record is prom ised and now almost seems assured. Last year’s consumption was as large as this year’s crop, and is likely to prove it, and Ir 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 has 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. year's heavy yield literally saved spinners from the cumulative evils of a series of years of under production of the raw material. But the very bountifulness 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, ir is expected, will fall below fourteen million. The talent as a rule is looking for a commercial crop of 14.500,000 bales. Following are 10 a. in. bids: December, 12.75; January, 12.78; March, 12.82; May, 12.88: July, 12.95 Estimated receipts for Thursday: I!R2. 1911. New OrleansU.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 show’s 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 0/ strong markets everywhere. • Bulls feel all tiie more confident in their position, as tomor row wil be the last day of the first half of Deceinebr 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. < >ur market opened about 2 points higher and advanced without recession to 12.84 for March. Bulls had 11 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 est for the bureau, expecting j higher prices after the publication of the government estimate. RANGE IN NEW ORLEANS FUTURES. I fi I - I - ! j ' ® ! s.' o I ®i M■ t ’■ K 2 “ , J " I s. , 0 S 4 c *2 ;O j Si J j I u | a.u Dec’’ 1 2.79-80:12 71-72 Jan. 12.1312.8’ 12.69 12.81 12.81-82,12.72-73 Feb 12.83-84 12.74-76 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 12.92-93 12.83-B'l June 12.94-96 J 2.86-88 July 12.92 13.02 12.90 13.01 12.00-01 12.90-91 0ct.12.94 1 2.94 12.94 12.94,12.92-94 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 U. Augusta, steady; middling 13c. Savannah, steady; middling 12%. Norfolk, nominal; middling 12% Mobile, quiet: middling 12%. Galveston, steady; middling 12% Charleston, steady; middling 12%. Wilmington, nominal. Little Rock, firm; middling 12%. Baltimore, nominal; middling 12%. Memphis, steady; middling 13c. St. Louis, quiet; middling 13%. Houston, steady; middling 12%. Louisville .firm; middling 13c. COTTON MARKET OPINIONS. Thompson, Towle & Co.: “We favor 1 the long side of the market, but suggest | that purchases be made with caution." Lognn & Bryan: "Tiie coming govern- I nient report is the subject of much com - l incut and many good people advise cau tion.” A. Norden & Co.: "We believe the ii arket will work higher" Hayden, Stone a Co.: "Any prominent dv line in contracts seems unlikely." STOCK EXCHANGE SEAT SOLD XEW Yulik, Dei. 11. A stock cx i • Lunge seut was sold yeuterduy fi>r the , ill: of ISS.IW. Which was $3.OlH‘ le: s '’bun previous ale, uno ««• Uie lu«<ni | lor the year HEAVY LOSSES IN PRICE OF STOCKS Apprehension of Unfavorable Court Decision Next Monday Causes Liquidation. By CHARLES W. STORM. NEW YORK. Dec. 11.—Irregularity 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%. ah advance of % over last night. United States Steel common opened unchanged at 65%. then moved up to 66%, and finally sold off to 65%. Lehigh Valley opened for a gain of ’L. and later increased its net advance to 1 point, but lost it on subsequent sales. Among the advances on first sales were Amalgamated Copper %, American Can %. American Beet Sugar %, American Smelting %, Atchisoti %. The initial losses Included Texas Pacific %. Reading %, People's Gas fChicago) %, Consoli dated Gas % and American Locomotive %. Tiie curb market was irregular. Americans in London were stronger. Steel was a strong feature of the Ameri can department there. Vigorous 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%. 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 $54,758,695.53, 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 Union 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 was 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— [HiglilLow.lSale.l Bld.IC1’»« Amal. Copper.' 76% 73%' 74%' 74% 76% Am. Ice Sec... 18 I 18 ! 18 I 18 18 Am. Sug. Ref. 116%J13% 113% 113% 113% Am. Smelting 70% 68%1 69%' 69 , 69% Am. Locomo. .j 4,2%: 41 41 '4l 41% Am. Car Fdy.. 55 53 !53 I 53% 54 Am. Oil . 56% 54%: 55 ' 55 56 Am. WoolenJ 19% 19% Anaconda ....' 39% 37%. 37%' 87% 38% Atchison 106 104%j104% 104 105% A. C. I-H37%'136%|186%;136% 137 American Can 28% 26%, 26% 27% 26 7 s do, pref. ..114%|114 ,114% 113 '113% Am. Beet Sug. 50 47%: 47%' 48 49% Am. T. and T.!139%|138 138 137% 138 Am. Agricul. J .... 54 55 Beth. Steel .. 35%: 34 • 34% 34% 35% B. K. T 87% 86% 86%' 86%! 87% H. and 0104% 1103% !103% 103% 103% Can. Pacific . .1263%|255%1357 258% 261% Corn Products 14 13%1 13%: 13% 13% C. and O: 78%' 77%l 78 ! 77% 77% •Consol. Gas ..!138%'136 136% 136%.137% Cen. Leather .' 27% 26 26 26% 27% Colo. F. and I. 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 20% Distil. Secur . 21 20 20 ' 19% 20% Erie 32% 30% 30%l 31%' 31% do, pref. .49% 48 48 48 | 48% Gen. Electric . 182% 179% (79% 180 182 Goldfield Cons.' ...! . ...| . ...j I%| 1% G. Western ..; 17% 16%l 16% 16% 16% G. North., pfdJl34% 132%!133 132% 133% G. North. Ore. 41%. 40 40 40 41% Trit. Harvester 111 % 111% 111 % 106 .110 111. Central ... 125 425 125 1125 :125 Interboro .... 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 60 61 L. Valley. . .‘l7O 164 '166% 166%'167 L. and N. . . '141%|139%:i39%!139%'142 Mo. Pacific . . 41 40%; 40% 40% 40% N. Y. CentrallllO 108%'108% 108% 109% Northwest. . .136% 135% 135% 134% 135% Nat. Lead . , 55 : 54%: 55 ; 54% 55 N. and W. . .112 1111 111 110% 111% No. Pacific. . 120% 118 118% 118% 119% O. and IV. . . 32 31%' 31% 30% 31% 'Pennl2l ill»%!120% 120 .120% Pacific Mail. . 30 30 30 |29 ; 30% P. Gas Co. . Jill 110 -HO (109% 110% P. Steel Car . 35 34 34 '34 34% Reading. . . . 168% 162 ,164%|164%1166% Rock Island. 23% 23 ! 23 22% 23% do. pfd.. . . 44% 42% 12% 46% 14 R. 1. and Steel 24% 23% 23% 23% 24 do. pfd.. . . 87 85% 85% 84% 85% S. Sheffield 48 45% So. Pacific . . 110 107%|108%: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%’ 36 : 25% 26% Texas Pacific 22% 22 22 . 21% 22 Third Avenue ...34 34% Union Pacific 162%: 153% 155% 155 161% U. S. Rubber 63% 61% 61% 62% 62% Utah Copper J 58%' 55 56% 55% 58 U. S. Steel . 66% 68% 65 64% 65% do. pfd.. . . 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 do. pfd.. . . 13% 13% 13% 12% 13 IW. Electric .77 76 76 75% 77% Wls. Centrall .... 49 50 - Maryland 51 51 Total sales, 1,279,400 shares. METAL MARKET. NEW YORK. Dec. It.—Trading at the metal exchange quiet, tone steady . Quotations: Copper spot 17 bid, De cember I'ti 17.37%, January-February 16.87%, lead 4.25ri4.40, spelter 7.20417.40, tin 49.25(649.75. STEEL EARNINGS ESTIMATE. NEW YORK, Dec. 11.—It is estimated that the net earnings for tiie United States Steel Corporation for the year of 1912 will reach approximately $108,000,000 I and will leave a surplus for the year close to $5,000,000. MINING STOCKS. BOSTON, Dec. 11 Opening: Butte Superior 39. North Butte 31%, Pond Creek *25. Smelting 10%, Calumet and Arizona ‘«H- POULTRY. BUTTER AND EGGS. NEW YoHK. Dec. 11. r>re««e<j poultry I dull; turkeys, 13 , ?i24: chlckena. fawltf, U hISS duckH, B<alo‘ 2 ; gees<-, 15 16. Live poultry irregular; <hirkenH. 13(i fowls, 13U*hl4\; turkeys, 16 <asked»; roosters. 10S (asked); ducks, 14 I ! 7/15, geese, 13'u 14. Butter barely steady; creamers specials, I creamery extras, 3Va36U, state | ' dairy, mbH 4 «/35, process spec ials. 2’ I *, ( b JB. Iv/cgs unsettled; nearby v hit* fun< >, 15 I • bid!. nearby blown fancy, 35 u 36 ♦•\(rn hrsts, hrsts, Dheosv steady ; whlti milk , psa lai*. 17’. • >/ IM, whole milk fuuc.t. 16 - 4 </ 17skims, > * specials. ’ skims, mm, ? •/ I I f til Fl Im M I\‘ ATLANTA MARKETS | EGGS —Fresh country, candled, 33@350. ’ BUTTER—Jersey arid creamery. In 1-ib. ■ blocks. 25@27%c: fresh country, dull. 20 I ft 22%c. f DRESSED POULTRY—Drawn, head and feet on, per pound: Hens, 17© 18c; fries, 20©22%; rosters. 8©10c; turkeys, owing to fatness, 17@18c. LIVE POULTRY—Hens. 40©‘4fc; roost ers, 25@30c; fries. 25@35c; bro.lera, 2041 25c; puddle ducks. 25@30c: Pekin ducks, 85@40c; geese, 504160 c eacu; turkeys, ow ing to fatness. 15©18c FRUITS AND PRODUCE. FRUIT AND VEGETABLES—Lemons. \ fancy, $5.50©>6.00 per box; bananas, 2%M3 per pound; cabbage. 1.26(3)1.50 pound: pea- i nuts, per pound, fancy Virginia 6%@7c, choice. s%®>6c; lettuce, fancy. $1.’0@1.75; choice $1.25@1.50 per crate: oeets. $1.50@ 2 per barrel; cucumbers, 76c@$l per crate; Irish potatoes, 90c@1.00. Egg plants, $2442.50 ner crate, pepper, $1@1.25 per crate: tomatoes, fancy, six basket crates, $2.00@2.50; nineapnles. $2 ' 44'2.25 per crate; onions, 75c@$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 kits, $1.25. Cornfield jellied meat in 10-pound dlnnel paii, 12 %c. Cornfield picnic hams, 6 to I pounds av erage. 13%c. Cornfield breakfast bacon, 24c. Grocer style bacon (wide or narrow), 18%c. Cornfield fresh pork sausago fl'nk oi bulk) 25-pound buckets. 12%c. Cornfield frankfurters, 10-pound buck ets, average, 12c. Cornfield bologna sausage. 26-pound boxes, lie. Cornfield luncheon hams, 25-pound boxes, 14c. Cornfield smoked link sausage. 25- pound boxes, 10c. Cornfield smoked link sausage In pickle, 50-pound cans, $5. Cornfield frankfurters In pickle, 15- pound kits, $1.75. Cornfield pure lard, tierce basis, 12%c. Country style pure lard. 50-pound tins, tl%e. Conipound lard (tierce basis), B%g. D. S. extra ribs, ll%c. D. S. Rib bellies, medium average, 12%c D. S. 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 patent), $5,75; Puritan (highest patent), $5.75; Paragon (highest patent), $5.75; Sun Rise (half patent), $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; Tuiip (straight), 4.15; King Cotton (half pat ant). $5.00; low grade, 98-Ib sacks, $4.00. CORN—Choice r#<l 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 MEAL—Harper. S2B; prime, S2B; creamo feed, $25. COTTON SEED HULLS—Square sacks. $ll.OO. SEEDS—(Sacked): Wheat. Tennessee blue stern, $1.60; German millet. $1.65: am ber cane seed, $1.55; cane seed, orange, $1.50: rye (Tennessee), M. 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 bales, $1.40; No. 1 small. $1.25; No 2 small, $1.15; Timothy clover mixed, $1.15; clover hay. $1.15; alfalfa, choice, $1,45; No. 1. $1.40; wheat straw, 70e; Bermuda hay. 85c. FEEDSTUFF. 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, $t 60: 7F-.b, $1 60. CHICKEN FEED—Beef scraps. 50-Ib. 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, $2.30; Purina chowder, 100-lb. sacks, $2.10; Eggo, $210; Victory scratch, 100-lb. sacks, $1 90; Victory Scratch, 50-lb. sacks, $1.95; wheat, 2-bushel bags, per bushel. $140: 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-lh. 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; AAAA, $14.50 in bulk; in bags and bar rels, s2l; green. 20c. RICE - Head. 4%i®rf%c; fancy bead, 5% @6%e. according to grade. LAP-D —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 cwt., 90e; Granacrystal, case, 25-lb. sacks, 75c; salt ozone, per case, 30 packages, 90c; 50- lb. sacks, 30c: 25-lb. sacks. 18c. NEW YORK PRODUCE MARKET. NEW YORK. Dec. 11.—Wheat, firm; May, 1»5%4(95%: 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 cliped, 374(41. Rye, firm; No. 2. nominal f. o. b. New York. Harley, quiet; malting, 564170 c. i. f. Buffalo. Hay. firm: good to prime. 85@51.15; poor to fair, 954i51.05. Flour, steady: spring patents, s4.6ori 4.95; straights. $4.50'04.60: clears, $4,254) 4.35; winter patents, s.‘>2oo 5.40: straights, $4 6541 4.80; clears. $4.3041 4.40. Beef, dull; family, $24.00’0 25.00. Pork, weak; mess, $19.25©19.50; family, 23.0041 24 00. Lard, easy: city steam, 10% bid; mid dle West spot. 11.30 bid. Talow, quiet; city, in hogsheads, nomi nal. LIVE STOCK MARKET. 1 CHICAGO, Dec. 11. Kogs-Receipts 52,- 1000. Market 15c lower. Mixed and butch ers $7,054( 7,55. good heavy $7,454( 7.55, rough heavy $7’07.40, liglit $7'i(7.60, pigs $7.35417.50. bulk $7,304- 7 15. Cattle Receipts 28,000. Market 10c to 20c lower. Beeves 06.404$ 10.90, cows and | heifers $2 754( 8.50. Stockers and feeders I $4,901(7.75. Texans $6 404(8.50, calves $8.75 I 4( 10 50. Sheep Receipts 35,000. Market strong Native and Western $3.40'u4.90, lambs $5 418.10. NEW YORK GROCERIES | NEW YORK, De, It Coffee steady; No 7 Rio spot. 144114%. Rice stead., | domestic, ordinal’) to prime, 4%"i5 > j Moln.-ses steady; Ni u < irleans, Opel, ket tle, 101(50 Sugar, raw. firm, centrifugal, tjts; muneoviid-1, 3.55: molanses augur, relined more active; .-landiiril gran I il.iie.t, fcut loaf, I. 70, - rushed, t. I meld A. 5.25, cubes, f- 15: powdered, ■>.’(" I olam-md \, I 'jo. confect [on-th ) t. 75 V- I I 65, Ni . 3. 4 'lO, No. 3, I 5-‘ . A'-- I I CEREALS RECEDE I ! IN LATE TRADING | Optimistic Cables Cause Early j Advance, But Selling Causes Irregular Close. I . ST. LOUIS CASH QUOTATIONS. Wheat—No. 3 red 104%@108 <-’orn 47% 1 Oats 33 CHICAGO, Dec. 11.—Wheat opened %c ? to %c higher on a steady tone at Liver pool, where the market was about %d higher. The situation in Argentina may be called less promising and a special ca- I file from there estimates tiie exportable •surplus as having been reduced to 130,- i OUO.OOO bushels, but the crop, as a whole, in tiie country may be called favorable. I Northwestern receipts today were 791 cars, against 999 a week ago and 313 a year ago. Corn was up %<r to %c, although Liv erpool was %d lower, because of the In creased pressure from Plate cargoes and parcels. Weather over the corn 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 15c lower under a run of 51,000 head. In the pit prices were off from 12%c to 25c with pork the weakest. The smash in the price of stocks in j 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 II o'clock. Word cams 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 low’er and only 200,000 bushels cash were traded in. Hog products sold off sharply and were under pressure during the entire session. The trade in cash nqjats and lard was reported by packers as somewhat smaller. i CHICAGO GRAIN MARKET. Grain quotations: Previous Open. High. Ihjw. Close. Closs. WHEAT— Dec. 84 84% 83% 83% 83% May 89% 89% 88% 89% 89% July 86% 86% 86% 86% 86% CORN— Dec. 47% 47% 47 47% 47% May 48% 48% 48% 48% 48% July 4:4 49<£ 48% 48% 49 OATS— Dec. 34% 32% 32% 32% 32% Maj’ 32% t!3 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’y 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 10.05 9.95 9.95 10.07% RIBS— Jan 10.00 10.05 9.95 9.95 10.07% My 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. in. the market was %d lower. Closed un changed to %d higher. CHICAGO CASH QUOTATIONS. CHICAGO, Dec. 11.—Wheat—Nq. 2 red 994(1.03. No. 3 red 904(98, No. 2 hard win ter 85%4r88, No. 3 hard winter 83%@86. No. 1 Northern spring 86%@87%, No. 2 Northern spring 854(86, No. 3 spring 82 @B4. Corn —No. 3 yellow 45%@46, No. 3 white 45%@47, No. 3 yellow 46@47, No. 4 44 'u4s. 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 MOVEMENT. "WHEAT- I 1912. 1 l»il. Receiptsl 1,261,000 I 528,000 Shipments! 423,000 I 242,000 CORN—I 1912. I 1911. Receiptsj 745.000 I 1,604,000 Shipments! 445,000 I 718,000 NEW YORK COFFEE MARKET. Coffee quotations: I Opening. I Closing. ~ Januaryl3.ls 13.13@13.ie Februaryl3.2s@l3.3s 13.37@ 13.38 March 13 45@ 13.55 13.30@13.3l A]>rt113.55@13.65 13.60« 13.63 May 13.68 13.71@13.7t Junel3.74® 13.76'13.76@13.7t Ju1y13.79@13.81 13.82@13.8S Augustll3.B4 13.86@13.88 September'l3.B9 @13.90 13.91@13.92 0ct0ber113.89@13.90'13.91@13.93 Novemberll3.B9® 13.90'13.91® 13.93 Decemberl,, 13.00@13.05 Closed steady. Sales. 77,758 bags. COTTON SEED OIL. / Cotton seed oil quotations: I Opening, |' Clog tig ' Spotl I 6.29@6.45 December .... 6.26@6.30 6.30@6.34 January6.2s4( 6.26 6.27@6.2'J February . . . . 6.28@6.32 6.39 March6.34@6.35 6.37@6.38 Apri16.36@6.40 6.41@6.44 May 6.424: 6.43 6.474( 6.48 June6.43@6.47 6.48@6.49 Jul y , 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 tier 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 lam penniless > and don’t know what to do,” sobbed the girl. Mrs. Smith, whose home is in DeKalb county, mar Ingleside, said Her hue- (j hand brought her and the two babies to Atlanta two weeks ago to visit her fa ther. J. M. Roberts. 36 Gaskill street, and then disappeared. Since then ■lie has seen nothing of him. Smith's fa-, tlier, she said, had since told her Smith / remarked that "he was gone for good” The oldevt child is a girl, \ era, aged 21 months. The other is a hoy, eight Is .our h • iiiesH worth advertim g 'l'heii If r, i tr< a I'm SaJi vr BuHlne«> < >PP ■tijoiti » • (i, Tiie Georgian I 19