Newspaper Page Text
THE ATLANTA GEORGIAN.
rl’RSDAY. PECKMBKR 4. 190S.
Yesterday's Slump Cheeked
• hy'.petter Set of Eng-
lisli Cables.
/POT SALES HEAVY
'Takings by Manchester
Spinners Aggregated
14,000 Bales.
4.—Liverpool nl 12:30-p.
. Wl« due 4% lower,
this ba>ts. should oneiv 2|t* higher.
Liverpool (aides: "l.hiuldnrion orer.’
(be i
Wrfif I* k«$fc
.iSxsBh
Sew Varki lh**. 4.—The cotton market
opened steady. Inflnrneed l»y cable*, which
were several point* letter than expected.
Many bullish private eagle* v
hero lief ore the *tnrt. and In
additional sale* of spot
... ... view of the
a ton at Liverpool.
many trader* lieUeved that the advances
• Justified.
' Liverpool thought a little Setter of
cotton this morning, nnd Instend of fol-
lotvlnj our decline of yesterday, opened
sUxhtlv better than due for future*,
dosing steady 1-2 to 1 point better than
Uonday'sflnHls. ......
ol.dowhig. m the .runj; h 'ho active
* ' High. fern.
f.je'itJ;. ia Liverpool to
lH*einl*er
Janunry-Februn ry.
Mqrch-Aprll
Mu v-.In
. A good buslne
splnnor
elliv
6.67V
.5.011 ' 6.61 6.60
..5.6-1 5.65 5.60
a-: 5.68% 5.614
a.s done In spot*,
taking 14.000 bales nt a de-
.... .. points, making middling 6.01.
New York opened 4 to 6 points bet
ter. or about as due on Liverpool n
'Showing, and sold up an additional o
to*f. points in the early morning,
dullness set In. prices
^stlmutora are still working Indus
triously on the yield for tho season,
and as* n consequent 1
in from all quarter
vhen
riling off a few
... they ate pouring
J of the globe. And
nt the present writing show a heavy
Increase ns compand with last sea
son. for the balance of tho estimating
season. If they keep even with last
'vo.’ir, there will be a record-breaking
’crop of esllptotes. Quotations on this
product ore not rvallablo, hut there
ire reports that they .are cheap tills
year, due to a glul In the market of
whrthltK* ffoOdK ‘
Then* is no tax. government, state,
cufinty or c ity, on this business. Hence
-ft Is open to all classes from the luna*
tin asylum to the college * ,ro **” 90 '.;
They become burdensome at times,
more especially when -
.statistician"
Ing up March,
v 2£fc?our alt of Commerce: ••** ilt* open
cmI for the week about ns It clooed on
Saturday, with n general demand reported
for gray and bleached cotton for forwanl
delivery. Further hardening of price* h
ginghams and printed good* was noted, ntn
several lending style* are at value awaiting
the naming of higher price* later on.
hulk of order* sent In from Joblier*
lighter than last week, but In all tin
nuiils requests were made com
tie. -1 Df prompt shipment* of
ready under order.”
The agricultural department will Issue
12 o'clock noon. Dereml»er 16. a report show
Ing cotton acreage picked and to he picked
ami estimate of production In 500 gross
weight I sties by *tate*.
New Orleans. I»ce. 4.—I.I verm*
down show* a little, resistance. Wi
point* lower. The larger spot snlei
a favorable feature.
Liverpool cables: “Market effected fa
vornhly by continental spinners buying free
ly of spot*. Alexandria buying future*.''
The unreasonable difference between spot*
ami futures militate* against speculative
selling, nnd disposition uppe ""**■
await further development*.
Our exchange Ik Id r'ecelpt of a eonununl
ration from the acting director of ttv
stts In which corrections ns follow
made In the report of ginning* up to No
vember 14, Inst: The number of gin* re-
porting 1* 27.805. Instead <»f 27,831. or it de
crease of 76 gins, and the 'number of bales
ginned actually amount* to *,6412,242. In
1 of 9,631,4#?. or an increase «f 30.766.
• western fofifogat IkdlvutM cloudy
her generally.’ tvkli riiunety In the
rn section and rain tonight and tonmr
row in the western portion. Lower tern
pernture* ore indicated for-the northwest
portion of Texas nnd the Territories.
Warn, Tex., litres as follows: '•South
western Cotton Bayers’ Association replies
Indicate crop for Texas nlone of-8.800,000.''
The spot market Is very quiet, some look
Ing around by buyers Is reported, but It Is
not expected that n great deni of business
will result owing to the .difference In views
regarding n trading basis.
Understand ‘
ruing tlie
goods nl
and at
s due
I* also
"prominent
/'authority” gives put
aiTeHtimat'o of the crop, and prices re-
rribnd on the side to which the estimate
lean*. Yesterday'* estimate* were con-
struecr <i* bearish, anil prices declined.
The market this mornlnB showed
slirna of recovering in all the specula
tive center-. Liverpool showing decided
Improvement In the way of"Pojmi.lea.
Including a continuation of tho demand
for raw material by spinner*, but to
nrobablv only a "calm before a storm,
for on next Monday another high au-
♦hfiritv" will toll the world what It
thinks the current season's-yield will
r^The New York Commercial on last
■j£2iRe*(Wy the power* that be may
® up A absurdity of the'gov.;|n-
s"a ndeV breed In* system now In
wh^heT^htorS^ri^ff/eTh*.;
price of the crop, It ia claimed, by some.
However, the farmer does Jj* 101 **
to the class thftt makes this claim.
In the late trailing the tendency was
reactionary, and prices /told down rap-
dToT.?nWb? a P-mment broker
and rumors that spot holdeis in tne
South were weakening. The close was
barely steady net 8 to 10 points below
yesterday’s cloeing.
Comparative receipts nt all L. **• ports.
Net - receipt* today.. 67.'7i;t
Stititi* dav last 3'ear.. •• ...
EVERYBODY GUESSES
AT TIIE COTTON CROP
The New York Commercial of Monday
morning publishes the following list
guesses of tho cotton crop for one day:
If thorn was ns much cotton per day
ginned during the ln*t part, of November as
during the first part, the forthcoming gin
ning report would show about 10,766.000 halos
ginned, if there hn* been n falling off of
30.000 hales n day between the first ele
ginning days of the month nnd the Inst
tlfteen—that looks like a good-slxed falling
off—the total would be 10.316,000. It' was
generally good ginning Weather during the
Inst half nf November, nml a falling off of
40.000 bales a day from the first part of
•uhl show tlmt the crop Is be
the month •
e*t of the season.
— ne of reasoning seems very
popular with the bears apropos of the forth
coming government guess. The Idea seems
to be that It Is n settled fart that the esti
mate I* going to he Just 1,000,000 bales too
low, anil that the trade will take It that
way. All Ideas that the report might be
‘ a-- — - The lionr
•Ilf
mate a little over 12.000,0
rnuld point to
. md are saying
rerjr bearish estl-
up totne ftDsuruit, 7 t The Idea of the trade soent* to be that
entering Into the .crop *“{;**}£*■ tTm' fnmititiiinig report -'Wftr*inin*~ nhonf
etitlon. and do a* ay * nnino 10,300,900 bale* ginned up to the tlrst of the
season, nnd some very clever crop statisti
cian* who have been figuring on the matter
Total receipt* for three days.
Bants days lagt
Increase..
game day Inst year
Increase
Estimated tomorrow: ^
Oslaim ....17,000 to 21,000
VSRJSSZ? w.000 to '-MS5
liou,mn. V. V wow WHS*
Movement at Atlanta:
Receipts today
Paine day last year
Increase
Phlpment* today
Hume day last year
Increase
Ptork on hand today •• ■
Panic day last year..
Increase
4.0CU
... 225.545
.... 100,960
.... 64.686
1.. 4.502,489
..4,221,038
.... 280,451
8POT COTTON MARKET.
Liverpool, easier: middling uplands
Atlsnin. easy: mld'lllmi lOHe.
New York, quiet: mlddl ns llo.
New Orleans, e,«y: mlddllngW’.e.
Sitvnnnnli. quiet; m ddltug 10»,e.
Augn.tn. quiet; middling lie.
Sb Louis, quiet; middling lie
Itnltltoore. notnlnsl; middling 11V.
Memphis, stesdy: middling 10 H-Me.
Philadelphia, quiet; middling Ill»e.
‘ TODAY’8 PORT RECEIPT8.
The following table show* reeelpl* nt the
Interior towns todsy, eompsred with the
same day last year
New Orleans.
Oalvestou. . .
MobHe
Pnvantinh. . •
CharleNtou. . .
Wilmington. .
Norfotk. ...
New York. . .
ItOHtOU. . . .
Philadelphia. .
IOIiS
at
3226
14015
1644
I74k4
22238
1001
6157
Total.
INTERIOR RECEIPTS.
The following table shows receipts at the
Interior towno today, compared with tbs
• day Isst year:
! 190« j
| 1905
! 24523 1
| 18924
1 2654
1453
1 6270
4965
4vu; i
665'*
Cincinnati 1
l >=*' J
| 2615
-r.itiii I
I 39566 I
1 346C6
say that a 10,300,00-1 report will point to
total crop of about 12.20o.O0O hale*.
Following our annual custom, wo submit
this to the trade: mu oHtlnmto of tills
year’s cotton crop Is 11.154,000 bales of cot
ton. We do not consider "llnters" should
be Includi-d In a proper crop estimate.
There will he 300,000 hales of llnters produc
ed this year. They are no more cotton than
mills. To include llnters |* to commit
wilful and misleading err«ir.--llenrv H.
Smith A Co.
K. I*. Windham, writing from Stone. Ala.,
under date of November 28, sars: ••There
Is still plenty of cotton to he picked.. I esti
mate the Alabama crop n t 1,200,000 bale*,
and place the total crop at 13.l25.e4io bales.
raider Bros., of Wilmington, N. esti
mate the North Carolina i-rop nt 500,000
bales and the total crop nt 12.200,000 hales.
Oscar Hinds, of McCotnh, Okla.. writes:
"I think 90 per cent has been gathered In
this territory, and most of wlint Is left
will never In* plelcwl. I estimate the total
cron at ll.60n.0W hales."
W. A. Jeffers, of Mulberry. Ark., places
the Arkansas crop at 900,000 bales, and the
total crop at 12,000,000 hales.
Lnst year, It will he remembered, the een-
sus bureau only mnde the actual *growth
JWJOJ although Heater made It
11.161.000 hales.
W. It. Held, of Somerville, Tenn.. esti
mate* the crop nt 12.000.000 hales, anil snv*
that the Tennessee crop Is short.
QIBERTA CLAY’S
DAILY COTTON LETTER
. New Orleans. I»ec. 4.~The Improved tone
that foreign enhfes conreyeil wns the r#>-
suit of n much healthier spot situation
abroad, options closing lower by lf?2 points,
while spot sales wen* Increased to 14.-XX)
bales at n loss In quotation* of 3 points.
Locally, the general situation has under
gone little If any change. As long ns the
demand for cotton I* a factor to be reck
oned with, few If nliy nttempts are made
either to renew short lines or further
those already existing, especially in the pre
vailing state of t*c difference between stmt
Quotations and tho price , t f contract*, hut
flic demand for supplies la nn erratic In
fluence which, when it shown signs of suli-
•Idlng. 1* eagerly seised upon In the present
temper of the trade, to nbl u naturally
loner inclination. Laying aside temporary
factor* that affect market prices, Intcres'r
center* In the relation of consumptive de
mands to the prospect* of a verv large
crop, and for that reason the statistical
position of cotton henceforth will be »lose-
ly watched for Indication* pointing to this
all Important relationship.
NORTHWEST CARS.
The following figures give the northwest
cars of today, last week am) last year:
Last Last
Today. Week. Year.
Minneapolis 410 297 ?Z\
Duluth 391 521
Edited by
Joseph B. Lively
MARKETS
Mr. Lively** twenty-five
years' experience of ed
iting markets In Atlanta
and the South has made
him a recognised am
thority In bit specialty.
RANGE - OF NEW YORK STOCKS AND COTTON MARKETS
NAME OF 8TOCR.
America* Sugar FW.
Anaconda
American Locomotive.
do..preferred. . . ■
Am. Smtltiug Ref. . .
do. preftfrod. . • •
Atchison
do. preferred,
erican Cot»on
1. Car Fouodri
Baltimore A Ohio.
Brooklyn Rapid T. • •
Canadian l*aclflc. . ...
Chicago A Northw'n. .
Chesapeake A Ohio. .
Colorado Foal A iron.
Central Leather. # . .
do. preferred.
•(•tiller's Beeurltlca. .
Erie
do. preferred. . . .
General Electric. • • ,
Illinois Central
Am. Ice fleeorttlee. , .
Y/)ui«tII1o 4 Nashville.
Mexican Central. . . .
Missouri Pacific. . . .
1144 nro uz%
-- . 137 ! 136%
1374; 1144
288%! 2844!
764) rail 75%! 75*4
| 1644; IMS 152*41 ifc4| IM4|
! US4( 115SI 11541 11541 1154
I044J 1"6 : 1«W%| 1°3%|
::::: ::::
I 541 454! 45
94 1194! llWi
794 79441 H')4
*■ ‘ 1S6U 195f«
.1 464| 464; 45%|
113% 1194 119
.1 wi?,: *1 lit 7 ,.
.1 IS* 7 ,! 187 ISSTfcl 186'4 IMS'
. 707’;! a# 777*,' 7» I Sn«Wi
.! E9J*) 597,1 57141 57%; 57*41 59%
68 ,
37«i
ism; 181%
— -j
1%
71%' 71'
46*4 46 I soy
76% .76 76
17841 178 I 178
o«
147% 147%' 146 I 148
25%! 25% 254 25.
l»Ui 064 9441 944
102 • 102
IS 18
18141 183%
2294 228
«%| 24
.i?%i^
*S 'S
146%i 147
2541 25
W4| 95%
NAME OF STOCK. ,
Si T.. Onr. Ac Western.
National Lend. ....
Northern Pacific. . . -
Now York Central.
Voplo'a Os a. . . .
Pressed Steel Car.
do. prefurra-i. .
Pacific Mall
Heading. ....
Republic Steel. . .
Bock Island. . . .
do. preferred
do. preferred. . .
Bloss-Sbeffleld. . . .
Teun. Coal & Iron. .
Texas k Pacific. . , .
Union Pacific
United States Steel,
do. preferred
£
02-
23
4041 SOU 49 | 40 1 48%. 43%
76%I 76% 75%, 75%' 75^1 764
223%' 221%! 222 i 221%| 2224
136 134 . 135% 135% 132%
1*5% I 94%! 95 95 95%
138% 139%) 139
-■ 92% 92*
65% 55
99«>. 99
'.*9%' 99%
41 ; 41
149 146%
38%. 38
32%f 31%
6S 67%
•5141 51%
577, 5* 37*,; 378.‘ J7X :17>,
IMS IM%| 1X61. 1867, 1867, 188li
‘“' 7I — ' i?>il 47% 464
'UPS FLASHED
-From Wall Street.
I'rivnt* Wire to Olliert & Cl».v.
Sew York. Dec. 4.—U*r*h*ll. Spnder
Co.: Most tilings (mint to strength In New
York Centrnl, the Copper shares nnd Bead
ing. nnd after the president's message shall
have lien rend before congress there Is noth
ing in the wn.v of n stronger market but
money rules, which can easily be Influenced
New York Financial Bureau: Very strong
points are now circulated to buy I'oiled
mates Hteol.
We are partial to Canadian Pacific, which
I* scarce nnd may be udvnnced sharply
without opposition.
LouisvJJJo and Nashville. Is tipped for a
rise this week, and It may start-today.
Philadelphia advices are much more bull-
l*‘u on Beading.
A drive at the short interest in Missouri
Pacific would not surprise us now, as It Is
vulnerable.
s?:« sa s*
hi
:■!' '»
94?i W
a io5<,
. ClMmlcal 4 PW II I 4-1 41', i I", 41' ,
preferred | -. Ins . w
D I'ulon . . . .: 56V, 86Vi 56',. 56*Will 57
1 *** »»! ^ »*\ a? 2»
Va.-Car. Chemical. .
do. p *
Western
Wabash. ...
do. preferred
Total stock sale* tinlay 723.2*» shares.
NEW YORK.
Dec. . .
.Tan. . .
Feb. . .
March. ,
April. .
May.. .
Juno,. .
July.. .
11!
,i 10.02110.06! 9.89
, . 10.28110.34 10.16
.10.39110.39 10.33
. 10.43 10.47 10.29
.10.37] 10.37 10.37
.I10.51 10.551 If
Closed barely steady.
Jl
i U
’j —L
9.89
9.98
io.ii
10.33
10.80
10.37
10.39
9.87-89. 9.97
9.98-99 10.06-07
10.06-08 10.14-16
10.16-17 10.24-25
10.23-25 10.82-34
10.29-3010.88-39
10.33-33 10.41-43
10.38-39110.46-47
NOTES ON GRAIN.
Pointers on Provisions.
Private Wire to Glbert &. Clay.
Chicago, Dec. 4.—The general news on
wheat inis been very strong for some time,
yet speculation Ims been so dull that prices
have hardly more than held their own.
There I* a large short interest In both May
nnd December. Can't help feeling that we
shall have n very material advance most
IV time.
Expect lo see December corn gain on
May.
Out* continue firm.
Comstock hn* l»eeu buying May wheat.
Offering* light and market in u iMisitlou to
In* easily responsive to buying.
Chicago Record Herald: "The stock of
•ntraei grades of wheat In Chicago public
levators nt lust report wns 8,624,000 bushels.
»f which 7,795.000 bushels were No. 2 red
winter, 692,000 bushels were No. 2 hard
winter and 137,000 bushels were No. 2 north
ern. Th°re have been some shipment* of
eneh of the above grade* during the Inst
week, which reduces the above figures
slightly. Both the No. 2 hard winter uud
the No. 1 northern lire selling nt a stiff
premium over December delivery price. No.
2 hard t* almut 2%c above December dellv-
ty figure, and the small quantity of No. !
loitheru I* held nt arbitrary premiums,
fluctuating according to the conscience of
the miners. As Saturday wns only the Ini
tial delivery day of December, It tuny bo
found by the end of the month that every
bushel of available contract wheat In this
Ity has
clmti
iiela mal 4h4o strong speculators' hands."
"'lie foreign situation Is briefly revlcwen
... follows: Russian nnd Dnnublnu -ship
ments have been dunning considerably short
of those of a year ago, and there Is every
Indication that they will full off it* rapidly
“ ' -»aanii n* they did Inst year, when the
iln»r shipments decreased heavily
the November showing. Argentina
seldom enters the list* ns it heavy slilp-
the latter part of January,
whether her crop I* large or small. Present
Indications are that the crop to be har-
ested there this month will be about 7.000.-
000 bushels larger than the last, from which
little over 88,000.000 bushels have l»een
Ipped In the Inst eleven months, nnd
ilch seem likely to run not over 96.-
0tt»,(i0i> bushels for the year nt the extreme.
Under such conditions It would seem as
though the European buyer, who looks t*
soon will recover from Id* apathy of th*
lust six week* nml begin to buy wheat.
Further good reason for this might alao be
found In the following comparison of Sat
urday's prices with those of n year ago In
the prlmdpul American market*
LIVERPOOL.
The following figures giro the opening
range and close, compared with yesterday:
Futures opened easy.
Opening Previous
Range. 2 p. m. Close. Close.
.5.67%-6.71 5.69% 5.71% 5.71
.6.61 -5.65% 5.64 5.66 5.66%,.
.6.60 -5.61% 5.61
December.
Dec.-Jan.
Jan.-Feb.
Feb.-Mar.
Mar.-Apr.
.5.61H-5.61
5.62% 5.4
fay-June. . .5.62-5.
June-July.
July-Aug.
Aug.-Sept
NEW ORLEANS.
The following Is the range in
tures In Now Orleans today:
Dec. . ,
Jan. . .
Feb. . .
March.
April. .
May.. .
Jun<>.. .
July.. .
la I si
II
10.S6|10.37|1‘1.40 10.40-4SM.U-4J
10.63 10.32 10.31 10.34-35 10.38-33
(10.40-42 10.44-46
ib.56 io.63ho.42:10.45:11.44 45|t0.47-4!l
I ....1 110.66-67110.40*72
10 7610.5810.61 10.60-61110.63-64
........ .....i 10.66-67110.70-72
ibji 10,91 il0.53;l*).83ll0.71 II0.74-76
WHEAT OPENED
A SHADE HIGHER
Later the Early Advance
Was Increased a Largo
Fraction.
Chicago. Dec. 4.—The situation In
wheat is strong and prices were again
hl&her for the day. December showed
a gain of 7-8c nnd May of 3-4c. Min
neapolis elevator people are bidding
high prices for wheat to arrive and are
making every effort to pile up a stock.
There is a large short Interest In De
cember wheat, which went to only 4
3-8c discount from the May price ns
compared to 4 3-4c at the close on
Monday and 5 3-4 'cent In the lutter
part of last week. Duluth Is shipping
wheat heavily, sending a million and
a half bushels for the day and bidding
for the cash Aguihit Minneapolis.
Corn closed J-So better.
oats were *1-8 4s 1-4c higher.
Provisions maintained better prices.
Primary receipts: wheat, 164.000
bushels, corn 388,000 bushels, com
pared with 1,152,000 and 633,000 bush
els, respectively, a year ago.
Clearances 350,000 bushels whedt,
34.000 bushels corn, hut no oats.
The world’s available supplies
showed decreases for the week of
210.000 bushels wheat. 290,000 bushels
corn and 527,000 bushels oats. A year
ago wheat decreased 703,000 bushels,
corn Increased 1.154.000 bushels, and
oats decreased 1,195,000 bushels.
CHICAGO GRAIN MARKET ,
t&SSR follow: * 0 " PrOT ' , '”“ ■ :U0, " ,0 ■• "
THE WEATHER.
LOCAL FORECAST. .
Tor Atlnlitn nml Vlolnltr-Fnlr ""ilglit
nml Wndm-wlny: .-olil.T tonight; warnmr to-
morrow.
WEATHER~CON OPTIONS.
•uipernture,
; the north-
„ w ..„ ^ This high
lins movetl from the ltovky Mountains to
the upper Ohio valley since yesterday morn
ing and 1ms reduced the temperature at nil
stations east of the Mississippi. In New
York nnd New England the temperature
has fallen from 10 degrees to 28 degrees.
Boston reports a current temperature of 6
degrees. Portland, Me.. 2 degrees. New
York city 10 degrees, nnd Buffalo nnd Os
wego each 8 degrees above zero. In Geor
gia It is from 10 to 18 degrees colder than
nt the same hour on Monday.
Snow has fallen hi the northeast nnd the
upper lake region.
The conditions favor fair weather In this
section tonight nnd Wednesday; colder to
night; wanner Wednesday.
Minimum and Maximum Temperature*
and Rainfall.
Observation* taken at 8 n. ni„ 15th tnerl-
dlau time.
ATLANTA MARKETS.
FRUITS AND PRODUCE.
RG158—Candled, active; ih*..
I.nrjs POULTRY—lien*, active. 32%0*’>C
etfjjli; • ehleketis. plentiful, 15025c ouch;
ducks. Pekin. 36c eneh; puddle, 254130c
each|i geese, full feathered.' C6c ouch; tur
keys. dull. 14c. pound.
t>UESSEI> PuVLTHV—Gee*e. undrawn,
apt I re, I0^l8%c pound; turkeys, undrawn,
active. l.Vfi 18*r pouwl: heus. undrawn, ne-
Ovc. I2%c pouud; duck*, undrnwn. faacy,
15e pound: fries, nctlve, 14c imunU. .
PRODIT’i:—Tennessee rlhs nnd liouesi Sc:
Tennessee sausage. 9c; lard, 10c lb.; hams
•s tive. 14c lb.; shoulder*active, 10c !!».: Hides
nctlve. R».: butter nctlve. 154J22%c Ib.‘:
beeswax, active. 25c pound; honey, bright,
active, 8c pound: honey In 1-pontiff block*.•
active. 12c pound; chestnut* active; $I.(H
bushel; dried applet. 6c pound: white pen* 1
active, 52.50 lushel; Indy pea*. $3.00; stock,
11.26. * , ,
GAME—Quali, active. 15*; each: doves, ne
five. 5c eneh: ducks, mallard, active. 40c
each; duck* mixed, nctlve. 20©Mc ej ^
wild turkey*, active. 16c pound: rabbit*, n,
five, 1 Oc each; squirrels, active. 10c eneh;
opossum, dresseti. active. 12%c pouud; opos
sum'. live, active. 8c pound.
FRUITS—Lemons, fancy ?:«ssens, $9,000
5.50 Br.nnnn*. per bunch, cull*, netlye.
90c«$l.O<); straights. $1.5O«2.0O. PlujMipple*.
Florida stock, per crate. $2.00. Orange*
OPENED ACTIVE
aVnderbilt Sto^k Promuu>ut
Features of the Early
'Trading.
ON DIVIDEND RUMORS
Price Movements in Gener
al List'Were Irregular.
London Small Buver.
If6n,y «n . cull. rangetl between u
nnd 22. last quotation 21.
82.00. Ornnse 1
Yloriiin .took.'owli'it t" condlHo,
in arrival, per Ikm, ILHKB225. Apple,,
eholee. Hell I'nvle, 82.75W3.0O; feney, 83.25;
New York mate "Pn>v»- ■»»«»•
tie,, eholee per barrel, 33.00C3-50;. fioer,
83.75C4.00.’ Crape,. New York ,tate..ln 51b
dark Cam- Coda, per barrel.
olor, per box $2.00
—*• -**r hundred,
boxes, per
r rultans.
•eanuUtln
stuck, owing to size ncu . . ... , ,
03.00. Lime*. Florida stock, per hnndreo,
40c. Nuts, fancy mixed. In box—
pounds, 12%4D4c. Coconnut*. heavy
sack of 100, active, at $4.50 sack. IV
■neks averaging 100
" r *} 5; |Et A 111! IIS—Be et,.. rabbniie . eratea,
- —acr. *—|flr
nctlve. $3.00 crate; cabbage, standard ernteg,
l%e iHUind; cabbage, barrel*, l%e pound,
egg plant, active. $2.50 crate; cucum
bers. $1.50 crate; tomatoes, fancy. *ctlvc.
$3.50 crate; tomatoes, choice, active, $2,000
2.25 crate; beans, round green. BUM crate,
onions, dry, nctlve, 75c bushel;
toes, iellve No. 1. 80c bushel; celery, fan
cy. dfc’.l. $2.00443.00 crate; pepper* netlye $1.71
crate: akra, six Wisketf. small. $2.w» crate;
rauilfl iwer. active. 845lt*e (Ktntid: lettnee,
headed. I1.00H1..V) drum; sweet potatoes, yel
low dull. BV bushel; sweet point ties, white,
dull. 40c bushel; kraut, bnlf-bnrrel. »Tj;
rutabaga turnip*. l»«c. Strnwlierrle*. 33t?4<8*
crate.
FLOUR. GRAIN AND PROVISIONS.
FLOUR—Highest pafbnt. $5.60; best rat-
ent $4.60: standard patent. $4.25: half pat
ent. $2 90; spring wheat patent, $5.
COHN—Choice red cob. 69c; No. 2 white,
67c; No. 2 > " * “
holce, 68c;
New York, Dec. ;4.—Tho market tl)|«
morning wan h .reptltlon of yesterduv *
dealings, the upward tendency, particu
larly In certain selected stocks, bring
strongly maintained.In the face pf \ . vj
,|llgh money rates.;; Profit-takiffg .1*.
veloped Jjcj-hapfr on a trifle larker st ale
hht this selling, beyond holding n
tlbfi of the list In check, had no effert
i active , Th , < ' mf ? vor ? M ‘ nt of Prices was at Inter-
^0<aae each-1 \ n,s ,,ulte irregular, hut at no time was
• there any question about the main di
rection being upward. Of the regu
lar! y active stocks New York Centra!
Pennsylvania and Krle were the mo-t
conspicuously strong. Sharp advance
occurred In Consolidated Oas and Pe.-
plc's Oas; In Virginia Com and (Joke
and Car Foundry. Elsewhere the net
changes at the end of the morning wore
not Important.
Call money touched 15 per cent soon
after the opening of the loan market,
but this was the highest'reached up lo
the early afternoon. The more disturb
ing thing In the money situation wns
the continued heavy drain upon the
banks at the sub-treasury, the loss'to
those institutions thus far amounting
to nearly $3,004,000. Moreover, the
sub-treasury wns again n creditor this
morning at the local house and $150,000
currency was transferred to New Or
leans.' •
The Vanderbilt stock* were the prominent
strong feature* tho trading in the first
hour, with the »M>*t lmpre*#irr I main f
* The ‘
heaviest buying
York Ceiilml.
h.v Watson, Ifollin* A’Fo. Wnssormau
A* Co. Jollied In the buy
Bros, snd Flow'd „ .
Ing. Vhc mom jumped .'to ijio co’iT?li *io..
that this-buying meant nn 1m r<w*e In tli*
dividend payment* on New York Central.
A story mi* current that the next divi
dend on Lake Shore would l»c nt tin* rale
• f 12 for ••ent. and that the dividend rale
«>u New York Central will be at the rate of
6 per cent. A higher dividend rate I* also
expected on the Michigan Central. Prle#
movements In the general list were Irreg
ular and without much Improvement. Lon
don did little, buying nlMtiit 16.000 share*.
Government bond* unchanged. Other
bond* steady. \
, mixed. 67c; obi crop!
:;,;m ' v 1 Vx h ir,;v l .i r "!f
6»V^<:Uol"o ’«hli- Hipy-tl, 50c: No. 1 j ,,f - I"' 1 ' ' ''"• w prcvlou, dlalittiwmciii.
white 4Se; No. 2 mixed, 47c; Texas rust-1 . _ - ■ -
proof.' 62c. , ^ . | NIPI88INO STOCK RECOVERS.
MEAL—Plain water-ground, per bushel. New York, Dec*. 4.—Nlplsslng mining
Abilene. . .
Amarillo. . .
Asheville. . .
Atlanta. . .
Augusta. . . ,
Birmingham.
Bismarck. .
Boston. . • .
Buffalo. . . .
Charleston. .
Charlotte, .
Chicago, , , ,
Davenport. .
Dodge City. .
El Pn*o. . .
Fort Smith,
talvestou. .
•. • Ing at 16 and quickly gaining another
- — — 1 point.
lover, mixed. $1.20; do;, No. 2 elover mixed . — — .
MINING STOCKS.
Boston. Dee. 4.—shannon 18. Alloues It.
Tccumseh 20%. Central 38%. Mohawk. 75.
IBnghniu 32%. Smelt lug preferred C*%.
Opeu.
WHEAT-
ee 73%
May 78
•tidy 7714
. ORN—
Chicago—Decenil»er..
May
SI. Louis— December.
Mnv 77%
iilmfo—December. ... *6
May 80%
Kansas City—December 66%
May..* 72
Minneapolis—December.. 75%
77^»
Cents
1905. higher.
84%
ugh'
US
May..
ember
84%
Bnl"titn«»ra— 'Doeeuib*r... 76% 8»% 8%
l4ist week's price* of wheat In Chicago
made net declines of %e for December, %••
for May nml %c for July.
NEW YORK COFFEE MARKET.
New York, Dee. 4.—The market opened
isy lit a decline of 20*830 points under re
i*weil liquidation and Kuropean selling,
hl.li was promoted by tin* weakness lu
ie French market and continued heavy re-
elpts. Receipt * nt the two port* were
♦5.000, ugnlnHt 37,000 last year, and Jim-
it* were 69.000, ngainst 14,(8rt
last year. Bulls claim that the present big
t* are not due to Offering* from the
>r. but represent the inovcmeiit of
which bn* accumulated along the
if the road as a result of lna«lei|iuite
ransportatlon facilities. I.lqaldatloii was
cry heavy In the early afteruooti locally,
bl'M'U *if 10.500 bag* of May at 5.70 be-
re|N»rtei|. In addition to other large
•I May. Europe was eon-
leading seller.-CJIbert A
Following I* the opening
ange
..V4W».:fi 3.43-.'
42%
43%
44%
42%
J'IRL
*14.90 14.97% 14.87% 14.8*1* 14.80
15.17% 15.27% 15.15 15.17% 15.«ft
^8.62% 8.67% 8.6*1 8.61 8.62%
*.47% 8.53 6.47% 8.47% 8.45
Jacksonvllle. ,
Jupiter. . . .
Kansas city.
Key West. .
Knoxville. . .
Lo* Angeles.
Memphis. . .
Merit l In
Mile* <
Mobile.
I'By.
•milmil: No. 3 do
73f;7
hard white
mm Inal;
No. 2 do
HEAVY MOVEMENT
BULLISH FACTOR
New York, Dec. 4.—The Sun says: The re
actleu made further progress nnd excited
no surprise among those who had been look*
Ing for it for some time. The wonder of It
Is Hint It has been so long delayed. It was
brought about yesterday partly by tin* •• f-
feet of really bullish factor* In the situa
tion: that I*, the forwarding of cotton on
big purchase* recently made by douiestb
New Orleans. ,
New York. . .
Norfolk. . . .
North Platte. ,
Omaha. . . .
Palestine. . .
Pittsburg. . .
Portland. Me. .
Portland. Ore.
Kt. Louis. . .
St. Paul. . . .
San Francisco.
Kivaniuih. . .
Spokane. . . .
Tampa. . . .
Taylor
Thouuisvlllc. .
Vicksburg . .
Washington. .
Wilmington. .
! ii
$1.35: pure bran. $1.25; mixed brand. $MS.
HAY—Timothy, choice large hales, ji.;
— do., choice small bales, $1.25; do.. No.
I’reclp* clover, mixed, $1.20; do:. No.
Itatloo . $1.15. Choice Bermuda, 90c.
— BYE—Georgia, $1.00; Tenuessee, 90c. Bar-
.00 I l*y. 9in . ^ . •
.(•(» i f l'he anon* prices are f. o. 1». Atlanta.
.00 I PROVISIONS—Snprom* bains. He. Dort
.T ! bains, 16c. California homt. $9.00. Dry salt
extra ribs 9: bellies, 20.5 pound*. 10.25;
backs 8; plates 8; Supremo lard, 1
Know Drift compound 8.50.
FI8*H.
f8©20e pound; mackerel. I2%c pound; mixed
fish. 6c per pound; fresh water trout. $tR0c
pound.
GROCERIES.
SUGAR—Standard granulated, $5.10. New
York teflned. 4%«*: plantation, ie.
COFFEE—Bonste«l Arbnekle'a. $1650; hulk
In bngs or barrels, 13%r; green ll©r
RlcF^CarolInn. 4%ff7?bc. *
grade.
according to tb*
"CHBEBE—Fancy full cream dairy,' l$%e;
twin*. 15*-.
Shredded biscuit. $5 case; No. 2 rolled
onti*. 13 ease. Sack grits, 92-pound bugs.
full wrighf, $1.75 cant*; light
' torn ted apples 7%c
, t
$1.65. Oyster
weight. D.10 .... . .
pound. Pepper, 18c. Baking powders. $5
case. Bed salmon, $5 case. Pink salmon
$4.35 case. Cocoa, 39**; chocolate 25c: tmuW.
l-t»ound Jars, 4Sc. Boast beef, $1.30 case.
Corned beef, $i.3'i rase. Catsup, $1.80 case.
I Sirup “•
• gallon
! Salt,
; Soda
l ter 7c.
I ed. p«
! 11.90 Cl
Orleans, 35c gallon; corn 28c
Cuba 35c gallon; Georgia enue, 35c.
100-pound. 50*\ Axle gren.ie. $1.73,
racket *. 6%e ^*011 ud; lemon 7%«
per pound. 6r; mix-
LONDON STOCK MARKET. ,
srof'KK-
Amalgamated Copper
Anaconda
Atchison
do,’ preferred. . . . .
n.iitttnar* m«l Ohio
Canadian Pacific
Chesapeake nnd Ohio
Denver and Bin Grande.... ,
Erie • ,
do. preferred
Great Western
Illinois Central
Kansas and Texas
do, I
|Or»ti]Clos,cio*
■ twit !
■ WH|!W* 1W%
. whI.T^I
sjl
,I|7«U I «5W1TSH
. 147W
.... 14714 1*0%
234i
— n«4\ 134-
I.oiiUyIII
Mexican Central...
New York Central....
Norfolk nnd Western | 95%
Northern Pacific.. .. ,.,.ysa%
Ontario and Westeri 50
Pennsylvania.... , |139»4 1
Phllndrinhla and Beading.. ..!H9%|I
Hock Island f ;;2» 4 ' "
Soiitlicrn Pacific ;26%! 9o%' 94 4
N41t1ll1.ru Itnilwnr 247. . JJ -JM
do. preferred 94Hi....-.!
IIUI. llS3<4 IMVil
l ulon I'at-in. .. ..ilss«j lSSTi'lST 7 .
t'n, prpfrrrtMl, ! yjC ..... 4M.
Cnltpil Statf-K St.fl MSI 4SH 106',
ixmitil. ' 'Tomntu.,,' i rVoitri.!. ... Ptaf.rr.il jiM 10.1
- "Ilfl. *2.23. Nttvy Imau., *2; " »S ...
! $1.90 ease; 2-noun'
I Lima beaus, u%e.
$1.05. Mm-nroul, 6%67r per pouTul. ” Har-
I dines, mustard. $3.25 case. Potash, $3.JMt
I 3.80 case. Peauiit*. 5%«*. Rope, 4-ply «:ot-
ton 13%e. Soap. $l.S0fT4 case.
T iudieates trace of rain
n lid 'foreign ml Hi
tvords. showed •••
IlffieUlt to n'llrt
The
elpts.
. . Ill otb'
blerable ln.*r*iis**. It I*
• how they should fall
heavy buying. Needles* t
chased for consumption
counted nml uncounted
|M»rt*. It I* forwn
I abroad,
make It* appearance nl
market* at the S*mtb. A
I* the httlllsli Interi
left at the
n* or at the I
big mill ••••ii i
Of the
till*
WEATHER FORECAST.
n—Fair Tuesday: Weil mu
and Kentucky—Fair Tue*
COTTON SEED OIL.
SOUTHERN EXCHANGE
Oldest Established Offlc# South.
conos— stdms—tonus—CHAIM
Ground Floor Gould Tlulldlng. Daily
market Ictur M»d market manual
mulled *»n arpllcatlon
L.J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, GRAIN
Correspondent's Capital $250,000
aertRENce. the neal bank
PHONE MIT. PRUDENTIAL Bi.DC*
INSANE MAN IS CHARGED
WITH MURDER OF TWO
Hartford City, Ind., Dec. 4.—An In
sane man, supposed to be Grover Ford,
of Denmark, Va., who Is wanted for
the murder of Charles Cash and MU*
Lydia Entamlnger. on June 25, 1905, l*
held at the county Infirmary on In
formation furnished by H. H. Lees-
ford, >f Rockbridge county, who Is-
nued the warrant for hi* arrest.
►
ALONZO RICHARDSON & CO.,
PUBLIC ACCOUNTANTS
AND AUDITORS
5.90-6.15
. ,5.90-6.01
....6.00
. .AlO
a perfectly
ide one. it 1* none tin* less trm-. however,
that the Increased receipts had n depressing
effect. So dbl **»IUe decline in |,l\er|MNd!
ii ii.I crop estimate* ranging from
t*» I2.4SMH0 bn If*, although If the bulls' es
timate* of the world’s consuuipttou are any
thing like lorreet It would ubHorlt nil
Opening. Cb»*lng.
:r* :s* ^:r*%
37%%:f7% 37%«37% !
37%vf:17% :rr
;w%tpi7 .■w%t|36%;
36%a/«% :;•'. *i;w%
r pU«t»'57% '>*%ft.T7 j
. a**»e I steady. ;
•j.Li-6.2'' | to the IlMTen
6.211-6.25 j init ton men tb>
6.25-6.3" j | M > rcgnnlc
THE LIVERPOOL GRAIN MARKET, ••rat *«>
Wheat—Opene*l
in* hanaed to «
% hlghe
; eiosei unchanged to % hlghe
LIVE*STOCK MARKET.
!»••
—Eat I inn ted
'tig to Re higln
f(6. (>: /n-ary $S.,vd/
Empire Building.
ATLANTA.
Bell Phone, Main 858.
GEORGIA.
4—II
. n 21.0i>'. Mqrk.t .
Iltzht mIt.,I H
6.40: tough p.Kifai; pig* S5.5JU6.25: yorker*
16.30^6.35: g.KHl to choice heavy KT»»i6 «•'.
Cattle— Estimated i.-.-Hpr- 7.0*0. Market
Steady: l**eve» $7.ttvr7.4h •'•«■• $1/25^4.40:
lielfer* $2.25tl5: enlre* $5.50f|7.7**: goo.1
prime steer* l5.40ft7.4O: p»**r to meiliutn 13.Fi
ft5.:;>: sbwker* nml b*r* 12.50b4 ^
t*hw|»—E*thunted no-eipt* !8.i*w M-irket
steady: nathe $T.25f»3.75: western f3.J^5.7»;
yearlfpg* $5.* ^*6 35; lamb- flW.70; w* stern
lit best little
placed Into tb
about e
tai-alar
some spo
But lu additbm
1 rreelpt* and tile crop e*tl-
d. whb’h. however they may
■ •re smueihlng larger than i
led from the **mrc»** whence
ami they had n dcprcoolng I
Dei-. I.—The Tillies-Dutiio- j
ton market s»nttmeiit. Indug j
hotter than a fickle Jrt'h*.,
hands of the lM‘Sf faction •
prl*
100 March at 36%,
THE METAL MARKET.
York/ Dee. 4.—Tin cased off
ml nearby deliveries.
strong and unchanged.
Lead dull.
Sjsdter Improved 3 point*.
Chicago”car Tots.
ATLANTA NATIONAL BANK
ATLANTA. GA.
C. E. CURRIER, President. A. E. THORNTON. VieePreeldent.
N. T. INMAN. Vlce-Preeldent. GEO. R. CONOVAN, CihlVr.
JAMES S. FLOVO, Ate’t Caihler.
Capital ....* $500,000.00
Surplus and Undivided Profits. $500,000.00
We Solicit Your Patronage.
Hopper
desv
spec-
lough In the glari
r. Under the clrrmnatnrice
er* who have been driving
of the iirgetit nature
Below I* given r»*celptf today and esti
mated receipts fur tomorrow:
Wheat.
good bargain* t
of the deiusiml f*sr desirable t*»tron evi
denced less lneliuatb)ii to bold for the limit
the spot short L* able to pity, heuee the
actual stuff e«*-op»*rale«l to .iu extent. There
of sp/tiab/* 1 Xinertvau grown rustau «/«-fK'refs j FREEZING WEATHER
entirely upon tin* mar future nttltud** of the
Southern s|s»t markets, lu the event «*on-
Sliniptbm I* ntit 1.» esntHl the seam u
dttefiou current vhIuc* will d*»ulitles*
high enough, but student* of tin*
now pr*tty well convinced tin
spindle* will break all pnwlmis r**-
by many thousands of hnle*. a romlil'e
affairs whb’h sbouM eoiirlinte to give
owner of actual «*»ttoii a very di- bb-d
lautnge. GHhti %V Claj,
Toil a r. Totnor.
• prove
•Ie arc
rorld's
»0ga
PREVAILS AT NORFOLK.
ttpeeial to The Georgian.
Norfolk, V.i.. Der. 4.—Norfolk I, to-
day hitviriK the coldest weather of the j
winter. YeMcixlay was as midsummer.!
with roses nnd other flowers In bloom. J
A drop of 3n degrees la.-t night caused »
L e to form.
HUBBARD BROS & CO- &«
Atlanta Offices, 219-221 Century Building-
Members New York Cotton Exchange, New Or
leans Cotton Exchange, Liverpool Cotton Asso
ciation. Chicago Board of Trade, New York Cof
fee Exchange, New York Produce Exchange.
Businesa solicited for the abo\-eexchanges.
Direct wire service. Correspondence invited.
Phones 4M. Long Distance39. A.S. Kuiiir- Mer