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i'HE ATLANTA GEORGIAN AXD XEWb. WEDNESDAY. DECEMBER 18, 1912.
'GENERAL SELLING
PLUS COTTON OFF
Offerings Absorbed Remarka
bly Well in Face of Selling.
Closed 4 to 13 Lower.
NEW YORK. Dec. 17.-—ln response to
firm cables the cotton market opened
barely steady with prices 2 to 9
points higher than last night's close. The
ring crowd immediately turned against
the market and sold heavily, resulting in
a quick decline of 2 to 13 points generally
from the opening. The market was ab
sent of support from the large interests.
1 he buying came chiefly from scattered
spot people. After the call trailing was
of a light character, with prices a few
points higher than the early decline.
There was a considerable lot of bearish
ness about the ring today and the selling
continued general. The ring speculators
sold freely, believing that present prices
were too high, and it was said Wall
Street joined in the selling. The prin
cipal buying came from the larger spot
interests It was said the ring crowd
was good and short, and with the con
tinual strong spot demand here and in
foreign circles, it encouraged the bulls
in advising their friends to get on the
buying side, as the market does not show
any weakness of consequence in face of
general liquidation.
During the. afternoon session the mar
ket was stagnant. The selling continued
by the ring, however, and offerings were
absorbed remarkably well and prices
sagged about the low levels, being 8 to 15
points under the initial quotations.
The inactivity was logically due to the
coming census report Friday on ginned
bales up to December 13. The majority
of opinions are bullish in forecasting what
the figures will be. The trade expects
figures I etween 375.000 ami 400,000 bales
from December 1 to 13. Reports from
oyer the belt say that gins are not gin
ning the quantity of cotton as in pre
vious years, which indicates that this gin
ning report will show small figures
At the close the market was barely
steady, with prices at net decline of 4
to 13 points from the final quotations of
Monday.
RANGE IN NEW YORK FUrURE3._
It (i *I ** g tg
I eh J 5
Dee. 12.75 12.75.12.68112.68 12.63-64 42.73-74
Jan. 12.86 12.86 12.65 12.68,12.68-69 12.79-81
Feb 12.68-70 12.80-82
Meh. 12.95 12.95 12.72 12.75 12.75-76 12.87-88
April 12.75 12.87
May 12.95 12.95 12.74,12.77 12.76-77 12.89-90
June 12.70-72i12.82
Julv 12.88 12.88 12.67 12.70 12.69-70 12.82-84
Aug. 12.75 12.75 12.65'12.67 12.58-60 12.71-74
Septl2.o9-11 12.14-15
0ct.424)8 1 2.08_l 1.75 1 1.954 1.95-964 1.99-12
Closed barely steady.
I a verpool cables were due to come **>
point lower on October and 2 to 3 points
lower on other positions, but the market
opened steady at 1 point decline. At
12:15 p. m. the market was steady at 2
to 3 points advance. At the close the
market was steady with prices showing
a net gain of to points from the
previous close.
Spot cotton steady, with fair business
with prices unchanged; middling, 7.18 d;
sales. 8,000 bales, including 7,300 Ameri
can bales; receipts, 48,000 bales.
Port receipts are today estimated early
at 80,000 bales, compared with 79,903 last
week and 109,324 last year, against 67,920
bales in 1910.
RANGE IN LIVERPOOL COTTON.
Futures opened quiet and steady
Opening. Prev.
Range. 2 P. M. Close. Prev.
Dec. . . .
Dec.-Jan.
Jan.-Feb. 6.85%-6.90 6.90 - 6.88% 6.87%
Feb.-Meh. 6.87 -6.87% 6.89% 6.88% 6.86 ~
Meh.-Apr. 6.84 -6.88% 6.89 6.87 6.85 V.
Apr.-May 6.83 -6.86% 6.86 6.84%
Mav-June 6.82%-6.87 6.87 6.85 6.84
June-July 6.80%-6.84% 6.85% 6.82% 6.82
July-Aug 6.77 -6.82 6.82% 6.81 6.79
Aug.-Sept 6.67 -6.71 6.71 % 6.71 6.69
Sept.-Oct 6.54 6.53 6.51%
Oct.-Nov. 6.42% 6.46%-6.47 6.46 6.41%
Closed steady.
HAYWARD & CLARK'S
DAILY COTTON LETTER
NEW ORLEANS, Deo. 17. Information
from Liverpool dwells on the strong
support given the market by heavy buy
ing of McFadden interests. Futures
there this morning were as much as 6
points better than due. although spots
were unchanged: sales 8,000 bales. The
strength in the English market is in
strong contrast to the indifferent tone
and tendency to ease which has developed
on our side this week.
Expressions of opinion coming from
New York are no longer as confidently
in favor of the market as in the past,
and many influential traders are reported
as having withdrawn from the market for
the time being. This change on the eve
of the first census report, which will most
likely give very bullish period ginnings
compared with other years, and favor
small crop contentions, comes as a sur
prise, but is probably induced by the
technical condition in New York, too much
company on one side and a desire to real
ize and even up before a holiday period.
The majority looks at the present halt
in concerted activity merely as a rest,
but no change in opinion and intention.
Our market opened about 6 points
higher on the strong Liverpool, but the
lack of backing in New York made itself
felt at once and prices began to crumble
to 13c for March.
RANGEJ NNEW ORLEANS FU7URtS.
I 11 •& >
Dec. 13.00 13.00 12.88 12.88 12.87-38112.97-98
■lan. 13.03 13.04 12.88'12.88 12.88-89 12.99-13
Feblß.Bo-92 13.01-03
Meh 13.09 13.10 12.91 12.92 12.92-93 13.04-05
April 12.98-98 13.06-08
Max 13.16 13.1.7112.98 12.88 12.98-99 13.10
June 13.00-02 13.13-15
Julv 13.24 13.25 13.05 13.06 13.06-07 13.18-19
Hit, 12.07 12.07 12.02 12.02 1.1.97 12 03-04
Closed steady.
SPOT COTTON MARKET
Atlanta, steady: middling 13%
Xtliens, quiet; middling 13%.
Macon, steady; middling 12%
New Orleans, firm; middling 13c
New York, quiet; midtiling 13.10.
Boston, quiet: middling 13.10.
Philadelphia, steady; middling 13.25.
Liverpool, steady; middling 7.18 d.
Augusta, steady: middlingll l ,.
Savannah, steady; middling 12%.
Norfolk, steady; middling 13c.
Mobile, steady; middling 12 13-16.
Galveston, firm; middling 13c.
Charleston, steady; middling 11 11-16
Wilmington, nominal.
Little Bock, firm: middling 13' s
Baltimore, nominal; middling 12%.
Memphis, steady; middling 13%.
St. Louis, firm: middling 13'..
Houston, steady; middling 13<-.
Louisville, firm: middling 13’,.
PORT RECEIPTS.
The following table shows receipts at
the ports today. compared with the same
day last year:
New Orleans. . . . 11,586 14,169
Galveston 44,056 32 846
Mobile 1,067 3,734
Savannah. 5,941 20,417
Charleston. 1.092 2,370
Wilmington 3,047 5,303
Norfolk 3,202 9,486
Pensacola 7,152
Boston 569 380
Pacific coast. . . . i 17.390
2. :;.«««41
Total . . . . 8 1,846 ~ ~ 109711'5
INTERIOR MOVEMENTS.
Houston 19,835 23.262
Augusta 3,532 3.657
Memphis 3.836 4.365
St. Louis 1,455 4.771
Cincinnati 1.092 71 7
Uttj* R<>ek . _ 2.166
i 24 750 ::s.S2H —
NEWS AND GOSSIP
OF THE FLEECY STAPLE
, *5? " !"• N. L. Carpenter
«x- < o.: Friday. December 20, the govern
ment will make publie its ginnings report
on ginned bales from December 1 to IS
r igures will be compared with 11.844,432
bales as of December 1. and 13,759,652
ba ., s . F? December 13 last year.
> i ’. n ** ' ’’gelgesang. Liverpool,
cable: * Next crop near 6% pence; scale
up selling is profitable proposition.’’
Mitchell. Wilson and Hentz were among
the leading buyers today. Shill ami Me
-1 r<) Y. '' erc the hading sellers, market
steadied up after the call on buying said
!o J?' n,e from big spot people.
ihe ring crowd hammered today,
turning against the market early, offering
the market down.
1 he ring looks to be short, and a quick
advance may be expected at any time.
* . rate says: "Think market in posi
tion to decline further on liquidation and
r£y en ’ n £ U P °f accounts over holi
days. 1 here may be some advance on
the gmners report Friday. Look for
lower prices after; higher prices later on."
Browne, Drakeford & t'o.. Liverpool,
'Advance caused by reason of
Meh addon buying. ’’
an* 11 a. n:. bids: January,
I2»m J 1 ? r > vh ’ Jr 84 ' Ma >- July,
L.oO, October, 12.04.
Dec. 17.—Hayward &
lark Highest authority estimates East
Indian crop at 325.000 over last year, anil
owing to increased Oriental consumption
estimates the surplus available for Eu
rope at 3(»,v00 over last year.
The weather maj shows fair in Texas,
klahoma, I miisiana, Mississippi and Ala
bama; cloudy elsewhere; general rains in
Mississippi, north Alabama,
parts of Arkansas and Tennessee; no rain
elsew hert*. Indications are for fair anti
colder in western states; Arkansas cloudy;
showers eastern half <>f belt.
NEW ORLEANS. Dec. 17. Under the
impression that too many’ people are ex
pecting 14 cents to appear on the cotton
market blackboards before Christmas,
some of ihe leading bulls who have con
sistently adhered to the long side through
out the fall are now preaching the logic
♦ . a Diction: others expect the market
to bait for a While, ami still others seem
moved by the belief that the edge is off
ami that the long side of cotton now of
fers few if any. substantial attractions.
Such ideas where discussed throughout
yesterday s session ami heavy selling pre
'* V . l J usl before the New Orleans close,
which broke the March position, surprised
nobody.
< ontroll.ng sentiment is never segre
gated. It moves in waves. Recently most
everybody, bull and bear alike, was bull
ish for the near future. Now most opera-
G>rs’. bull and bear alike, seem to he
slightly bearish for the immediate future.
Ihe spot markets of the South will, of
course, shape the future markets and the
spot markets show no sign whatever of
weakening. Meanwhile. Europe reports
freer spot offerings by the South ami ship
agents report scant demand for ocean
ireight room. Spot offerings in increased
volume may mean merely that current
values are proving attractive enough to
loosen up some actual cotton, ami when
such selling shall have been completed
less cotton will be for sab*. This sort of
thing has occurred repeatedly this season.
Following are 10 a. m. bids: January,
12.99: March, 13.04; Mav, 13.09; July, 13.16;
October. 13.07.
Estimated receipts for Wednesday:
1912. « ' 1911.
New Orleansl3.ooo to 14.500 6.276
Galveston 21,000 to 23,000 16,143
THE WEATHER ’
Conditions.
WASHINGTON, Dec. 17. There will be
rain or snow tonight and Wednesday in
the region of the Great Lakes ami the
interior of New York ami New England
an<l rains tonight or W’ednesday in the
middle Atlantic ami South Atlantic states.
Temperatures will rise tonight in the
middle .Atlantic ami the New England
region, ami it will fall tonight ami Wed
nesday’ in the upper lake region, and the
Ohio am] lower Mississippi valley.
General Forecast.
Georgia Local rains tonight or Wed
nesday; warmer in north portion tonight.
Virginia Rain tonight or W’ednesday ;
warmer tonight
North Carolina Local rains tonight or
W’ednesday: warmer in east and central
portions tonight.
South Carolina Local rains tonight or
W’ednesday: warmer tonight.
Florida Generally fait tonight ami
W’ednesday.
Alabama—Generally fair tonight and
Wednesday; colder Wednesday.
Mississippi Fair tonight ami W’ednes
day; cooler tonight in east and southern
portions Wednesday.
Louisiana Fair, preceded by showers
in southeast; colder.
Arkansas Fair and colder.
Oklahoma- Fair
East Texas -Fair and colder; frost in
south.
East Texas Fair.
DAILY WEATHER REPORT.
Lowest temperature 45
Highest temperature 62
Mean temperature 53
Normal temperature 44
Deficiency since Ist of month, inches 0.82
Excess since January 1. inches . .14.85
REPORTS FROM VARIOUS STATIONS.
I ITemperaturelß'fall
Stations— I Woath. I 7 Max. I 24
I 'a. m. ly'day.ihours
Augusta . . .Pt. cldy. 1 44 . . ....
Atlanta . . . Pt. cldy.. 44 62 ....
Atlantic City, dear ' 40 52 ....
Anniston . . Pt. cldy.i 52 66 ....
Boston . . . Clear '3O 48 ....
Buffalo . . .Cloudy 30 40 ....
Charleston . .Clear 46 58 ....
Chicago . . . Cloudy ■ 44 40 .44
Denver . . . Clear 30 40 ....
Des Moines . .Cloudy 34 40 ...
Duluth. . . .Snowing 30 28 .01
Eastport . . . Clear 22 10 .40
Galveston . .'Clear 58 66 ....
Helena . . . Clear 1 22 38 ! ....
Houston . . . Clear 54 .04
Huron .... Snowing . 40 .06
Jacksonville . cloudy 56 68 ....
Kansas City .'Clear 32 44 .01
Knoxville . . Cloudy 34 54
Louisville . . Cloudy 50 52 1.22
Macon ... Ch»u<ly 1 50
Memphis. . . Cloudy 52 52 .08
Meridian . . . Raining 54 1 .01
Mobile . . ’. Clear 56 64
Miami ... Clear 74 76 1 ....
Montgomery .. Clear 52 66 ' ...
Moorhead . . ciomly 26 30 .28
New Orleans. Cloud.v 62 66 l ....
New York . . Pt. cldy. 36 46 I ....
North Platte . Clear 24 44 1 ....
(•klahoma . . Clear 1 32 56 I ....
Palestine . . Clear 48 61 1 .02
Pittsburg . . Cloudy 42 42 1 .01
P'tlami. Oreg. Cloudy 44 18 ' .46
San Francisco (’loudv 54 60 .24
St. Louis. . . Clear 42 50 .16
St. Paul . . . Snowing 28 34 .28
S. Lake city. Snowing 28 34 .22
Savannah . . Cloudy 52
Wash i n g ton <’iear34s 2
C F. Von I iT]RRM A NN, Section Director.
COTTON MARKET OPINIONS.
Thompson, Towle Co.: Speculation
cun easily send prices higher, even
should prices in New York attract cot
ton to this port.
Logan x- Bryan. W’c feel that profits
on long cotton should not be ignored on
bulges.
Rally A' Montgomery: W<* shall prob
ably have to wait a while for new in
fluences to bring about wider market
changes.
Norden & Co.. We advise buying on
easy spots.
Stemberger, Sinn Co.: We would be
cautious about buying on strong spots.
Hayden, Stnne Co.: Opinions con
tinue in favor of the market.
Miller dt Do.: W’e arc not hi sympa
thy with any advances.
NEW YORK GROCERIES.
NEW YORK. De*- 17. (’offco steady:
No. 7 Ri<- spot. 11% Rice stoady; do
mestic ordinary to prime* t%'fr5 3 s . M<»
lasses steady. New (»rleans ope*n kedtle
'”uso. Sugar, raw easier; centrifugal
3 9':. muscova<lo 3 42, molasses sugar 3.17;
relined quiet, standard granulated 4 35,
• lit loaf 5.70, crushed 5 60, mold A I 25,
< übes 5 15. p ;wd< r»-d 5 00, diamond A 190.
t.ntce lloi e.s \ ' 75 .No I 4.65, No. 2 4 60,
No 1.55, No. 11.. <•
SHARP DECLINE IN
PRICE DE STOCKS
Market Displays Considerable
Strength. With Indication of
General Early Advance.
By CHARLES W. STORM.
NEW York. Dec. 17. There was an ir
regular opening in the stock market today
with chief interest centering on Reading
After opening % lower. Reading continued
to drop until it was 2 points under last
night’s closing, then it rallied fractionally
Activity was noted in Pullman Company’
for the first time in a long period. This
issue opened at 161, or 1% above Mon
day's close.
Union Pacific fluctuated at the opening
” H higher on the first transaction, after
which it dropped %. it recovered again.
Lehigh Valley was heavy, acting in sym
pathy with Reading. It lost 1% in the
first fifteen minutes of trailing Trading
in the coalers seemed to indicate that
much of yesterday’s upturn was due to a
bear stampede.
Canadian Pacific, which closed Ann In
London, opened 1 point higher here, but
lost its gain on the next few sales.
United States Steel common was % off
at the beginning, increasing this decline
to % within half an hour. Among the
other initial declines were Utah Copper,
Southern Pacific %, Amalgamated (’up
per %, American Smelting 1%. Erie %.
Baltimore and (»hio and American Lo
comotive %. Chino-Copper and Colorado
Fuel and Iron each gained %. Ameri
can Tobacco was also steady, advancing
%. The curb whs strong.
Americans in London showed a cau
tious tendency on the part of traders.
in the late forenoon prices rallied from
1 to 4 points on vigorous buying. Ameri
can Tobacco and United States Rubber
were prominent, advancing 4 points each.
Reading was in brisk demand, moving up
2% to I 68 3 h and a similar gain was made
in Lehigh Valley. Amalgamated Copper,
Union Pacific. Canadian Pacific and Ana
conda Copper moved up more than a point
each, while fractional gains were made in
American Smelting, Erie, Great North
ern preferred and Pennsylvania. Call
money is loaning at 5% per cent.
Tiie demand eased off in the last hour
and recessions were scored in Reading,
Union Pacific and other standard shares
from the high range of the day. Steel
common sustained a net loss upon scat
tered selling, but American Tobacco
showed exceptional strength, gaining
about a point.
The market closed heavy
Government bonds unchanged. Other
bonds steady .
Stock <juotations:
i 1 *asl < Hoa I’i ev
STOCKSHigti'Low. Sale Bid . J’l'se
Amal. Copper 74 1 72% I 73% I 73 73%
Am. Ice Sec... 19% 19% 19% 19%| 19%
Am. Sug. lief. 117 117 1.17 116%i116%
Am. Smelting 70 69 69 69% 70%
Am. Locorno. . 4(F% 40%! 40% 40%i 41
Am. Car Fdy. 51 54 . 54 , 53%j 54%
Am. Cot. Oil . 55 55 55 55 55
Am. Woolen .... 20 ! 20%
Anaconda . ..i 38% 37% 38 38 38%
Atchison |105% 105% 105% 195% 105%
A. C. L 40% 140% 140% 137% 137%
American Can 29 28% 28%| 28%* 29%
do, pref. .. 113% 113% 113% 1113% 414
Am Beet Sug. 50 50 50 49%' 50
Am. T. and T. 140% 140 140% 139% 1.39%
Am Agricul 55 .55
Beth. Steel .. 36% 35% 3ti%l 35%: 35‘<j
B. R. Ti 88’.. 87% 87% 87%| 87%
B. an.l <i, ... ini’. li>3% 103% . 103 U; 101
Can. Pacific . 257% 356%
Corn Pnxluets 14% 14% I<% 13% 13%
C. an.l <> 79 78% 788- 78% 78%
Consol. Gas .. 1.:9' /2 .139 1139 139 139
Cen. Leather . 28 27MC 28 27 i 27%
Colo. F. and 1. 34% 38% 33% 33 : q 34
Colo. Southern 33 34
I’. and H 164',. 163% 163% 162 164%
Den. and R. G. 20 20 20 20% 19%
Distil. Seeur. . 22>* 22 22% 21%
Erie 32 31 31% 31% 31%
do. pref .. 49% 48% 48% 48% 49
Gen. Electric 182 180%
Goldfield Cons.' .... ..' t%' 1%
'Western .. 17 16% 16% 16% 16%
il. No-t1... pfd. 135 133% 134% 134 134%
G. North. Ore. 41% 41% 41% 41 41%
Int. Harvester HO in
111. Central . J126%|126% 126% 126 126
Interboro 18 17% 17% 1.7% 17%
do, j.r.-i ..I 60% 60 ' 60 60%' 60%
lowa Central .1 10 10
K. c. Southern 27 27 27 26 26%
K. and T, .... 26 . 26%
do. pref' .... 58 60
L. Valley. . . 170% 167% 170 I6o>->'l69
L. anil N . . 139% 139% 139% 139% 140
Mo. Pacific . . 41% 41% 41% 41% 41%
N. Y. Central 109% 108% 108% 108% 108%
Northwest. . . 136% 136 131% 135% 135'.,
Nat. Lead . . 55% 55'- 55% 55% 55'/,
N. and \\ . . 112'4 112% 112% 112% 112%
No. Pacific . . 120% 119% 1 119’,' 120 120%
". and W. . . 31% 31 31% 31 31%
Pennl2l% 121% 121% |2l 121%
Pacific Mail . 29% 29% 2;<% 28% 30
P. Gas Co 110% 111
P. Steel Car 34% 34%
Reading. . . . 168% 165', 166% 166% 167%
Rock Island . 23% 23% 23% 23 23%
do. pt'd 43% 41
It I. and Steel 26 25% 25% 25 1 25
do. pfd . . . 85% 85 85% 84% 84%
S.-Sheffield 40 43
So. Pacific . . 106%'106%!106%106%:i06%
So. Hallway . 28 27% 27% .... 27%
do. pfd.. . .; 80 .80
St. Paul. . . . 112 111% 111% 111% 111%
Tenn. Copper . 37% 36% 37 36%l 37%
Texas Pacific J 22 '22 ■ 22 | 22 I 22%
Third Avenue3s% 35%
Union Pacific 1159 156% 157% 157% 158%
C. S. Rubber. 67% 67% 65% 65%' 63%
I 'tab Copper 57 56 56% 56'4; 56%
I S. Steel. 66%
do. pfd.. . 108% 109%
V. C. Cheni. .. 42% 42% 42% 43 42%
West. Union . 73% 73% 73% 73% 73
W a basil. , , .; 4 4
do. nfd.. . . 13 i 13 13 ; 13%' 13%
West Electric 767,' 76 76 77 76%
Vx Is Central 49 43%
yY._ A,a, ’F |a ”‘ l 48% 50
Total sales, 46i>,600 shares.
MINING STOCKS.
BOSTON, Dec. 17. -Opening: Butte
Superior 36. Mavflower 15%. Island Croek
54.
NEW YORK PRODUCE MARKET.
NEW York. Dee. 17. Wheat, steady;
May. H5%4136: spot, No. 2 red, ¥1.07 In
elevator and SI.OB f. o. b.
Corn, steady. No. 2. In elevator, nomi
nal. export, No, 2, 54% f. o. b.: steamer,
nominal. No. 4. nominal.
oats, quiet; natural white. 371139%;
white clipped. 38Yi 41.
Rye, firm; No. 2, nominal f. o. b. New-
York.
Barle.v. steady; malting, 594t70 <■. 1. f.
Buffalo.
Hax steady: good to prime, 90'll $1 10;
"oor to fair. 75'U51.05.
Elour, firm: spring patents. 14.60414.95;
straights, $4.5041 It'": dears, $4.25104.35:
wintet patents, $5.;3i'q5.40; straights. $4.65
li 4.80: clears, $4 304( 4.40.
Beef, steady; family. $24.004125.00.
Pork, steady; mess, $19.2544 19.50, fam
ily. $23.0041 24.00.
Lard, weak: city steam, 10%; middle
West spot, 10.90.
Tallow, dull; dty. In hogsheads, 6%;
country, in tierces, 16@16%.
OPINIONS DISAGREE ON
COAL TRUST DECISION
NEW' YORK, Dec. 17. The Finamial
Bureau says The newspapers here in
terpret the coal decision in different ways.
The Ameri<an says: "It’s a big vic
tory for the government and W’all Street
will not like it after digestion."
Tin World says: "It’s a <iisap
pointment to the public."
Th( Times points <»ut that the decision
js an indication that the supreme court
is not going to hold every combination il-
Thi real interpretation probably is that
the railroads expected a much worse de
cision.
' WANT ED Visitors to come out and y-.e
i the great Southwest. Most of them will
want to stay The Ninth Anniversary
| Edition of The Los Angeles Examiner, out
I December 25th, will se t forth the reasons
; Mailed to any address in United States or
M< \’«•«♦. U» <‘ents. Canada or foreign points
2’ v- nts Send in your order now. 10-21-4
TODAY’S
MARKETS
COTTON.
NEW YoRK, Dec. 18. Depression
shown in Liverpool cables resulted in
the cotton market here opening barely
steady today, with first prices a net de
cline of 2 to 8 points from last night’s
close. Trading whs of a light character
at the outset. The ring crowd were the
principal sellers, with large, spot Inter
ests absorbing the offerings. Ihe heavy
selling which predominated yesterday
was not in evidence, and prices after the
call were 2 to 4 points better than the
opening quotations.
Futures in Liverpool steady Spots
steady and in fair demand.
NEW YORK.
In cotton futures:
I i j liifooTPrev?
December 7i .58:12.58112.58il2 _ 58 12.63-64
January . . 12.60 12.64'12.6n 12.63 12.68-63
February . |1U.68-70
March .... 12.63 12.73 12.63 12 7212 75-76
April . . u 75
Mav . . . 12.72 12.74 12.69 12.74 12.76-77
•{«"« j !12.70-72
. 12.64 12.66'12.63 12.66 12.66-70
A’lgust . '12.58-60
.September ifj 09-11
Detober . .11.88 11.89,H .87;D .89 11,95-36
NEW ORLEANS.
Quotations in cotton futures:
I I I lll:00| Prev.
December 12.83 12.83:12.81,12.82 12J8%88
Jammry . . 12.82'12.85 12.82 12.84 12.88-89
r ebruj’.r.v . 90.92
March . . 12.88 IX.S'.kiiuSfi: 12%3'12.‘»2-93
Al"’ 11 . 12.96-98
*' lav 1«.94|12.9511U.9212.94'12.98-99
•pp'' ■ . ‘ 113.00-02
•’oil • 12.99 13.01 12.99,13.01 13.06-07
October . | I j _ ..11,37
STOCKS.
By CHARLES W. STORM.
NEW >(>RK, Dev. 18. Speculative in
terest centered mainly in the specialties
at the opening of the stock market, ma
terial declines being recorded in h num
ber of them. California Petroleum fell
1%, Mexican Petroleum lost 2H and West
ern Maryland was off Reading was
active at the start, opening at 166%, or
L under last night’s final, ami went to
165*6 and finally rallied.
< »nly a few gains were made, most of
thes tocks declining on an absence of
demand. Amalgamated Copper, after
opening % lower, recovered all its loss
while American Smelting gained ',.
Canadian Pacific opened at 255%, or %
lower. loiter it made a partial recovery.
Among the initial gains were American
' an %. Erie %. Great Northern preferred
%. New York Central %, United States
Rubber 1%. Westinghouse and United
States Steel %. SouWtern Pacific was off
% in first transactions, xvhile Union Pa
cific declined %. Among the other ini
tial losses were Utah Copper %, Baltimore
and < thio % anti Chesapeake atid Ohio %.
The curb market was heavy.
Americans in London were irregular.
NEW YORK STOCK MARKET.
Stock quotations to 11 a. nt.:
11 Prev
STOCKS ' tpen High Low A M 'Tse
Amal. <*<q>per. 72%' 73 ' 72%' 73 73
Am. Smelting 69% 69% 69%' 69% 63%
Am. Locorno. . 40% 40% 40% 40%' 40%
Am. Car Fdy. 53% 53% 53%| 53% 53%
Atchison 105% t05%;105% 1C5%105%
American Can 28% 28%! 28%' 28%' 28%
do, pref 113% 113%'t13%:113'i 113%
Beth. Steel .. 35% 35% 35% 35 4 « 35%
B. R T 87% 87%; 87% 87% ! 87%
H ami 0103%0103% 103% 103% 103'5'1031.4
Can. Pacific .. 255% 255%'255 255 ',256 ‘
Corn Products 13% 13%' 13%; 13%' 13%
1 ■ ami o 78 78 77% 77%' 731
D. and H ... 162 162 162 '162 162
Den. ami It. G. 22% 22% 22% 22% 20%
Erie 21% 31% 30%' 30% 31%
do, prof. . 43% 43% 49%' 43% 48'..
I len. Electric 181 181 181 181 182 "
G. North., pfd. 134% 134%|133% 133% 134
K. an.l T 26 26 26 26 26
Lehigh Valley.! 169% 1163 % 168% |168% '169%
L. and N. ... 139% 139% 139% 138 G 139%
Mo. Pacific . 4]% 41% 41% 11% Il’i;
N. Y. Central . 108% 108%, 108% 108% 108%
North. Pacific 120 120 'l2O 120 120
Pennsylvania 121 % 121 % ' 121 121 121
Reading ... 166% 166% 165% 165% 166'..
Rock 1., pfd. 43%. 43% 43%. 43% 43%
R. I. an.l S.,pf,. 85 ,85 85 85 84%
So. Pacific .... 106% 106% 106 106 106%
So. Railway . 27% 27% 27% 27%
do, pref. . . 80 80 80 80 80
St. Paul 111 % 111 % 'lll % 111 % 111 %
Union Pacific 156% 157 156 156% 157%
U. S. Rubber . 66% <l7 66% 66%. 65%
Utali Copper .. 56 56 ’56 56 I 56%
I S. Steel ... 65% 65% 65% 65% 65%
West. Electric 77 77 77 77 77
GRAIN.
CHICAGO GRAIN MARKET.
Grain quotations:
Open. High. Low. 11 a rn
WHEAT-
Dec. .. . 85L. 85U 85% 85%
May . . 90\ 9(H /2 !»0 A !»o’/ 2
July .87 87 87 87
CORN—
Dec. .. . 47 s <7 47 k 47-" s
May .. . 48% 48% 48% 48%
OATS—
Dec. . .
May ... 33 33 ** 33 ~ 33
FORK—
Jan . . 17.87% 17.87% 17.87L’»
May . . .17.97% 17.97%. 17.97% 17.97%
LARD—
Jan ... 9.90 9.90 9.85 9.85
RIBS—
May ... 9.62 1 ,*. 9.62% 9.60 9.60
ATLANTA LIVE STOCK MARKET,
(By W. H. White. Jr., of the White Pro
vision Company.)
Quotations based on actual purchases
during the current week:
Choice to good steers. 1,000 to 1,200, 5.00
(Ji/6 00. good steers, 800 to 1,000,
medium to good steers, 700 to 850, 4 25fy
475 good to choice beef cows, 800 to 900,
3.75'<'4 5O; medium to good beef cows. 700
to 890, good to choice heifers,
750 to 856, 3.7«W4 50; medium to good
heifers, 660 to 750,
The above represent ruling pricaw on
good quality of beef cattle. Inferior
grades arid dairy types selling lower
Medium to good steers, if fat, 700 to 800,
4 00'q4.25. Medium to common cows, if
fat. 700 to 8' 0, 3 25'u 4 00: mixed common
to fair, 6VO to SOO, 2.59tj/3 25, good butch
er bulls,
Good to choice Tennessee lamb”, 60 to
80, 1.507if>.50; common lambs and year
lings, 2 l sheep, range, 2@3%.
Prime hogs, 100 to 200 average, 7.sosj>
7.75: good butcher hogs. 140 to 160, s7.2s('{i
7.50, good butcher pigs, 100 to 140, 7.00(q
7.25; light pigs. 80 to 100. 6 75'a?.00; h» avy
rough hogs, 200 to 250, $6
Above quotations apply to corn-fed
hogs. Mash and peanut fattened hogs
l%c lower.
Good supply of cattle in yards this week,
quality generally better. eSveral loads
from nearby feed lots are among the
week's receipts. Buyers are actively se
lecting tops for their Christmas trade
Market generally steady on the better
kinds, while the plain to common rattle
have been wak to % lov.r, with but little
demand in this class. Several additional
loads of fancy steers are reported coming
during the week for Christmas trade; one
packer will receive two cars »f steers from
Tenness which hav been fd corn xclus
ively for the past six months These will
probably show up to be the best steers
received in the Atlanta yards during the
year. There Is also reported several loads
of cotton seed mal and hull fed cattle, a
god run is expected for this week, but
light trade Is anticipated during Christ
rnas week proper. A great many of th»
dealers and buyers are looking forward to
that week to light trade and a vacation.
Hog receipts normal; enough coming to
supply demand. Market steady and un
changed.
What Lave you lost? Try a three-time
ad in the "Lost and Found" columns of
The Georgian and recover your articles
LIGHT OFFER INGS
STEADt CEREALS
Small Receipts and Firm Ca
bles Stimulating Factors.
Irregular Close.
ST. LOUIS CASH QUOTATIONS.
Wheat -No. 2 red 101 41109
c / ,rn 46 '(j, 46 V
'»«'« 33%
CHICAGO, Dec. 17. There watt eon
slderable strength ahown In the wheat
market tain morning, offerings in the pit
were email and shorts as well as invest
ors were lair buyers Liverpool was un
der some pressure from Canadian and
Argentine offers and the market there was
x,d loxver to %d higher. The European
a.! . V ■' l ’ l PPly showed a decrease of 4,009.-
000 bushels. The weather map in our own
Northwest shows snowy conditions.
Corn was a shade easier, no increased
offerings. Liverpool corn was unchanged
to %d higher with a fair spot demand
and light receipts. Some snow was re
ported in Nebraska and rains in Illinois
and the < thio valley. The movement of
new corn is just beginning and prices will
depend chiefly upon the size of the same.
Oats were easier.
Provisions xvere easier. A 5c decline in
hogs at the yatds.
There was a strong market for wheat
during the last hour of today’s session
"hen shorts started to covering and the
offerings tightened up. The strength late
was on a set of figures sent in from Kan
sas In which a ’’guess" was made as to
the amount of wheat held by farmers in
that state and Nebraska. The cash trade
was better on milling as well as on export
account. Resting spots for the da\
showed wheat as H to IHc higher and
the, best prices were reached late.
< 'orn closed % to Vfec lower and oats
were unchanged to U to %c higher; cash
sales <>f corn were 135,000 bushels and o£
oats 215,000 bushels.
Provisions were mainly easy.
CHICAGO GRAIN MARKET,
Grain quotations:
. Previous
High. Low. Close. Closo.
»» IIIjA 1—
li ec !F’ Ss '® 84, »
May 89% 90% 89% 90 89%
July 86% 87 86 U j,
CORN -a 7*
Dec 47% 47% 47’% 47% 47%
Max 48% 48% 48% 48% 48%
•July 49 411% 48% 49 49%
OATS -
Dec. 32% 32% 32% 32 V, 82%
Max- 32% 33% 32% 33 32%
JU PORK-’ 33 ’’ 33% 33H 3 ’*
Jan 18.00 18.00 17.90 17.95 13.00
Al ?\pd° 1805
Dee 10.30 10.37% 10.22% 10.25 10.67%
Jan 9.92% 9.95 9.85 9.90 9.95
M’y 9.85 9.87% 9.80 9.82% 9.87%
RIBS—•
Jan 9.75 9.80 9.67% 9.72 U 9.97%
May 9.65 9.70 9.60 ~ 9.62% 9.67%
LIVERPOOL GRAIN MARKET.
Wheat opened %d to %d higher; at 1:30
p. m. the market was %d lower for De
cember to %d higher for March and May.
Closed %d higher to %d lower.
Corn opened unchanged; at 1:30 p. m.
the market was unchanged. Closed %d
higher to %d lower.
CHICAGO CASH QUOTATIONS.
CHICAGO, Dec 17 Wheat. No. 2 red.
1.06111.07%: No. 3 red. 1.04®1.06; No. 8
hard xvlti'er, 861-4? 89; No. 3 hard winter,
87>'<t 87; No I northern spring. 87%®88%;
No. 2 northern spring, 86%®87%; No. 1
spring, 8441.85.
Corn, No. 2 yellow, 484Y49; No. 3, 45%h
--46’.,; No. 3 white, 45%®46%; No. 3 yel
low, 15%f046%: No. 4, old. 46%: new.
43%<f144%; No. 4 white, 44 % 'a 45% : No. 4
yellow. 444445%.
Oats, No 2 white. 34%4t35%; No. 3.
32%; No. 3 white. 33%; No. 4 white, 31<o
32%; Standard, 33%@34%.
CHICAGO CAR LOTS.
Following are receipts for Tuesday and
estimated receipts for Wednesday:
ITuesday. iWedn’sdav
Wheatj 43 28
Corn 638 600
oats 244 164
Dogsl 23,000 31,000
PRIMARY MOVEMENT.
~WH~EAf- i 1812 I UH.
Receipts 1.092.000 340,000
Shipmentsl 499.000 \ 270,000
CORN-I 1372. I lilt
Receiptsl 1.149,000 : 670.000
Shipments| 418,000 587,000
GRAIN MEETS QUICK ABSORPTION.
CHICAGO, Dec 17 The Inter-Ocean
says: "Weak spots in all grain markets
were taken advantage of Monday to buy
on. Trading was not heavy, but the wax
in which the offerings disappeared on the
breaks gave traders more courage on the
bull side.”
COTTON SEED OIL.
Cotton seed oil quotations:
I OpemrirT Clot n«.
Spotl 6.H>'aS.2s
December . . . J 6 20®6 30 6.20®«.2S
January .... 6 16416.20 6.16<fe«.19
February6.lß®6.2l I 6.17®6,22
March6.23lß 6.24 6 23®6.24
Apt»l 6 2747 6.29 6.27®5.29
May 6.32®6.33 ' 6.32®6.34
June 1 6.24®6.38 6.34'86.37
July . . _6.36® 638 £3706.38
Closed heavy, sales 12.300 barrels.
NEW YORK COFFEE MARKET.
Coffee quotations:
! Opening Closing.
January 113.25 |13.80®13:'51
February 13.60® 13.61
Marchl3.7s 13.83813.84
April 13 84®13.90 13.93013.94
Max 13.95 14.03® 14.0*'
1une14.00®i4.02,14.10014.11
Julx 14.07014.10'14.16® 14.1,
Augustl4 15® 14.17 14.22014.;::.
September . . . .14.17 14.28014.29
0ct0ber.14.174214.20 14.28014.29
November. . . . 14.17a 14.20 14.29® 14.3 C
Closed steady Sales. 91,250 hags.
LIVE STOCK MARKET.
CHICAGO. Dec. 17. Hogs -Receipts,
23,000 Market steady; mixed and butch
ers, 6.85®7 32; good heavy, 7 2007.30;
rough heavy, 6.8507.15; light, 6.8557.22;
pigs, 5.1006.80; bulk, 7.1007.25.
Cattle Receipts. 4.000. Market weak;
beeves, 6.150 10.00, cows and heifers, 2.75
4:8.25 stockers Mn<l feeders, 5.0007.40;
Texans. 6 4008.40; calves, 8 75010.25.
Sh<-ep Receipts. 18,000. Market weak:
native and Western, 3.250 4.85; lambs,
5.100 8.25.
BUTTER. POULTRY AND EGGS.
NEW YORK. Dec. 17. Dressed poul
try quiet; turkeys 14® 23, chickens 12 0 26.
fowls 1.20 16. ducks 10020, geese 9018.
Live poultry weaker; chickens 11012%.
fowls 1201.3%, turkeys 18, roosters 8%,
ducks 1.4015, geese 13014.
Hutter firmer; creamery specials 32037,
creamery extras 3< 4t 35, process specials
27827%.
Eggs firm: nearby white fancy 42045.
nearby brown fancy 34036, extra firsts
34036. firsts 290 31.
I Cheese quiet; whole milk specials 17%
18. whole milk sane? ’6%®17%, skims
spa, ials 13%4<14%, skims fine 12*A014,
lull skims 8812.
15