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TIIE ATLANTA GEORGIAN. PRIDAV. DECEUBBB NEWS AND GOSSIP of tho F16ecy Staple. Market Was Professional in Character, Outsiders and Spinners Holding Off. New York, Doc. 7.—The undertone of tho Jornl rot ton market nt the outride thin morning wan steady nnd hunt neat fairly ac tive. After the call. the oclUng pressure he. came rather aggressive, and the n|M‘iiing de cline of points was Increased to litfill points. !.oenl .operators tvere the chief tellers, persunmldy on stop orders. The Llverimol market for futures closed easy 7%<«ll% lower, front the opening dl«- playing unexpected weakness. As usual In eases of sudden weakness in that market; It Is a fnvorll tO bfCflk www Ktfpt nerving the purpose ns well as any other country. Following la the range In the active months In Liverpool today. Open. High. Low. Iteeemlier. {•** J-fj KJJH January rehrusry 5.5i £>.»• [i.MH March-April ‘'-59 *'-JD 6.5»» May-June 6.® 6.64 6.59% Spot was marked down *1 points, making middling 5.97d, spinner* taking only 7.000 hales ill the decline. The New York market for futures opened steady 4fi6 points lower for the active months, and during the morning sold down 111212 points additional^ ■ „ ■ Urnt hands, thus leaving the hulls and heart, the floor of ihe exchange to tight It out among them selves. The movement continues on an enormous aenle. the estimate nt the ports being 58,000 luilcs, compared with 47,349 actual Inst year, while the Into-slght 587,000 to 597,000 hales by Secretary Hester, of the New Orleans exchange. „ „ , Superintendent King, of the New \ ork exchange, makes the movement Into sight for the 'week 5*5,844 hales, against 444.131 last year, and for the season no fur 6,292,- m, ngnlnsl 5,857,515 Inst year. VonuMir'inofement of cotton Is ns follows: '• 1906. 1905. 1904. Receipts 88.009 92.000 69.9)0 Shipment* 17,000 22,000 3,000 Alexandria receipts..310,000 320.000 300,000 Hester’s statement of crop movement: 1908. OVerlaml for week. 61.068 HI lice HeptemlaT I. 345,360 1905. 46.941 304,704 'in Sight’for week.. 591.4IH 419,616 Hllice Heptomlwr 1.6.383,849 5,921.030 fl.639.H92 The market from midday to the close dis played h steadier tone, an advance of soma lOfftl |*olntH from the low point tuklng pln<*c, the elope l>elug steady net 5ftll points lower. ■ rlvate Wire to filbert & Clay. New York, Dec. 7.—Liverpool at 12:39 . m.. 4%tf5 lower. Was due 3%{r4% low- On this hasls, we should open 14/2 ernool cables: ‘‘Egypt selling.” The iHMtrd of manager* have Just an* rammed that curb tnnllng^nlll not la* |*»r- taltted. r <• V ■ • Market here broke on Ltvcrpmd Killing and New nrlenna estimate,for tomorrow.. The Journal of 'Commerce:. “The vn|jime of the demand is being ynfttalncd no well that the point has been reached where cau tion u being exercised openly In the ae- e of huMlness for deliveries going .f June, 1907.” Orleans, Dee. 7.—IJverpol at 1% down Is a shade better than due on our closing. Was expected 5% points lower. At the mornerir. market fs steadier on rumored report of large cotton tire In Hous ton, Tex. If this report proves groundless, the weight of the exceedingly heavy movement expected will nrohghlv exert con siderable pressure on price*. No news of spots Uet. Very little business Is reported thus fsr in splits tinlay. However, the first Friday tu the mouth Is revision day, and It is said thnt there may be some narrowing of differences between middling and the low grades. The western forecast Indicates fair weather throughout, with rising tempera ture* tomorrow. Tl lnwut Imllrnli-* fair «•*»- Dnaw.r. * U'i.Imo. r tonight nnd tomorrow throughout, with j ni.tlllrr’, dwnrltlr*. Edited by Jdecph 13. Lively Mr. Urrlj'. iwrnt/Or. yeara* experience of ed iting innrketa In Atlanta and Hi* South baa pad* him a rccognlxed au thority In bf« apecfalty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAUR or STOCK. Amalgamated Copper Atlnntl* C’oeat I me. . American Sugar Hit. . A ii* com)a . . American LocomotlTt. do. preferred Baltimore A Ohio. . Brooklyn Rapid T. • Canadian Faelflc. . . Chicago it Northw’o. Chesapeake it Ohio. Colorado Knel it lroa Central leather. . • da preferred. NAME OF STOCK. 112% j| N. U Uni. a Western. . . . . lhl 183% 189% 1X3% . . . . 227 229*4 226% 229% . . . .1 7ft?* 71 | 70%; 71 mwli Inwrr iMu|M Tntnru». I Erie i 44VI|.«M4 «*| 45-14 «H H] A .Non* A ork lolegraui link rw-.-lviul (] 0 tirrfrrrw.1 ;«t. "«!* 7*5 7ii T'l-S ~ ' li-r.- to the ofr.Tt thnt the untlounl gluunr. aenenf Electric ; MsO MBV4I 1«U4) IK'* 177 report, to In- leeucl lin.Unl.ly t.mmrniw. minol, Centrel 175 [ITS i 175 175 1175 175 will ,lmy tlmut -J.we.i.-J link, glnrn-d. nnd Am. Ice Heturltlee w s 1 M ns ss .,f nlnnit ll.iou.irM . Um'tavllle A Nanbr'lli.: 1 Mexican Central. Misaotirl Pacific. offered DRY QOOD8 MARKET ITEMS. New York Commercial. Aa an Instance of the strength of the flue { am goods, It can he- stated that nown ticketed cambric which three ago sold at 9% cents Is now selling ranee nt 10% cent*, more business than the mill can possibly handle. The difference In exports of cotton goods to Chinn {luring Octylier of tills year a* compared with the same period In 1906, namely, 8.796.537 yards this October, as against 29,828.023 for October. 1906, is causing much comment In the trade. It la stated by commission merchant* thnt their mills report In some Instances 25 per cent of the looms ns being Idle • through lack of Intior, while their order Isaiks are rowded with contracts calling for Immedi ate delivery and for months abend. Staple cotton goods are steadily atlffenlng ..p. First hands In this market state that Iniyera who wore oncer tain about placing orders for delivery next March are now demanding December deliveries on good* not due until the end of February. On line dress ginghams, wash goods and prints the only trouble sellers experience is Jii being able fo get goods to fill order. The stability on price Is beyond question, and many look for goods now held nt values to •main so for nil Indefinite ficrtod. On heavyweight cottons It was stated yes terday by a number of lending commission houses that orders have been accepted call ing for August nnd Hcptcinf»cr delivery, ami Hint the largest price now prevailing win obtainable fu ntiy goods for nearer ship ment. Delivery on heavy cottons, especially . . . .! 144%) 146*41 144% 146% 145*! . . .. . 24*| 25%I 34% 25% I 25% !«S 94>4| 43 Mttl 41*4 National Lead. Northern Pacific. . . New York Central. . Norfolk * Western. IVmi.sylw.nlay .... People’* (in*. Pacific Mall. Heading. Republic Steel. do. preferred. . . filma-HheffieM. . . . Teuii. Coat a: Iron. . Texan * Pacific. . . . Union Pacific United States Steal. do. preferred. . • Va.-Car. Chemical. . do. .preferred. . . Western Union. . • . Wnbasb do. preferred. 94 4&V 4s i 75% 74% 219% 221% 217% 1*J 134% 132% 92 n 92 I 92 137% 137%', 139 92 ! 92% | a.' f*4 ! 31% M 9S | 9X I 9i 4>%i 41%,; 46% | 146% I 148%| 146% 21 ‘ 67 49V 49' 74%! 741. 221% 221% 21X% 134**1 134 123% 92 92 92% 13*%! 13S% i 137% 92% 92% 92% R4%! 54% 1 51% 98 , 98 | W . 41% | 41%' 46% 4»J% 148%! 14X%| 146% , 38 ! 39 1 38% 37% 31% 30% 31%j 31% 31% 67 | 67 ; 67 5t%! 51%| 51% 94* ‘ m : ^ : &L 51% 107 93% 76 ' 74%; 76 ’[ 75%; 74% ' 169 160 37% 37% 37%; 37%. 27% 1S5T4 183%| 185% *|85%| 184% 48% 48%i 48 104%j lid^j 104% TIPS FLASHED From Wall Street. 48% V‘% 109 ,T> 1(0 1 !•#* 1'4* ■ «%« *42%J' *42%|* *42%! 42% ’.)' 50%)' *50%! ’ W%i * 5 jii j 51J TotalMbwIi sales' ttwlay 781.1»a shiires NEW YORK. 1)1*0. 5 % i ,SJi , * s 2 S3 Jnu [W.Wjlo.lo Erl I Mnri-h. . . .jlo.Mllo.a Awll. . . Mot 15.37 10.39 lu.35ll0.37! 1U.3S-37 10.42-43 -rilll,- 10.30 10.30 10.30 10.30 10..TM1IW.44-4S July 10.37 10.40! 10.34 10.44 10.44^5110.494*0 Alik UP. 30! 10.30! 10.30! 10.30; 10.9097110.30-3S ».9»; ».»! 9.471 9.5f,| 9.03-94 10.04-lM 9.»7!l0.07|M.'l«-(l7 10.13-14 I10.15-17 10.31-23 rinsed steady. NOTES ON GRAIN. Pointers on Provisions. LIVERPOOL. The following figure* give the opening range and close, compared with yeaterday: Futures opened easy. Opening Previous Unnge. 2 p. m. Close. Close. December.. .5.63 -5.63% 5.63% 5.61% 5.68 Dec.-Jan.... 5.59%-n.flo Jan.-Feb.... 6.57 -5.59 Feb.-Mar.... 5.58%-5.59 Mar.-April.. 5.59 -5.60 April-May... 5.60%-5.62 Mny-June.... 5.63 -5.64 Jti in*-July B.64%-5.65% July-Aug 5.66 Aug. Hept... 5.60 -5.59% 5.69 " 5.57 6.65 5.5* 5.54% 5.63% 5.89% 5.55 5.64 5.59 mJ Closed easy. 5.60% 6.70% 5.61% 5.71% 5.54% 5.65 NEW ORLEANS. The following lx the range In cotton fu ture* In New Orleans today: S3 a i M 1 ft i»ec Jnu Feb March. . . . iC:.;: Ju ue July 10.49 10.40 iolci 10.64 1*0*72 10.50 10.44 10.54 lflLW 10.74 10.89ll0.5OilO.49 10.31110.42 10.42-43 ! 10.17-48 10.40'l0.52 10.52-63 1 10.56-57 10.53 10.66110.65-67 ( 110.69-70! 10.69110.74) 10.77-7*1 0.48-50 0.43-44 0.48-49 0.53-54 0.57-58 0.67-68 0.71-72 0.79-80 Cloned sternly. . „ hh|s. 1904. not be made Inside of four to flic umritlis. 65.113 1 A scarcity of lalsir t<» operate lo4ims Ik one 378.961 of the main factors In reducing the vofumc 608,658 of giNHls coming forward. Mills can secure large additional business on t\pdr terms If deliveries roQld be nssuml. Tlie lending handlers of bleached cloths statu that market conditions are becoming stronger dally, nnd thnt further ndvnnees .... Grt.734 47.349 13,386 438,792 290.050 148,74f Comparative receipts at IT. ft. |iorta: Net receipts tmlny b’ume day last year Increase Total receipts for the week. Fame week last year Increase Total receipts since Kept. 1 4,716,739 Home time Inst ^ear 4,292.416 Increase 424.323 Bstinmted tomorrow: 1906. 1905. New Orleans 17.000 to M.000 6.»>6 Cnlvestou 21,000 to 24,000 14.437 Houston 14.500 to 15,50011.21s Movement at Atlanta: Receipt* today 1,156 Ha me day last year Increase Hhlptuenls today *. 2.215 Ha me day last year Increase Htock on hand t«slay Hattie day last year Increase mouths In advance, nnd the demand Is still far from satisfied. The fine yarn roust rue tIon cloths are expected to hold their full value chiefly because of the scarcity of Urn grade cotton. Mills are obliged to pick supplies III 25 to GO-hnlc lots, and far from being covered. Mi SPOT COTTOK (MARKET. 1 .Ivorpool, steady; middling uplands 6.96*1; sales 10,000. Atlanta, quiet: middling 10%c. . New York, quiet; middling 10.954-. New Orleans, steady: middling 10%c. Augusta, quiet; middling Ur. Ht. IkOttis, quiet; middling lie. Havnunuh, quiet; middling lo?-l«e. Houston, quiet; middling 101116c, Baltimore, nominal; middling He. tinivestonfl steady; middling 10%e. Charleston, steady; middling IOV4C. TODAY’S PORT ^RECEIPTS. The following table ahows receipts nt the Interior towns today, compared with the same day last year: New Drleana. . Calvestnn. . . . Mobile Havannnh. . . . charleston. . , Wilmington. . . Norfolk Baltimore. . . . New York. . . Boston Philadelphia. . Brunswick. . . Newport News. , 8720 2278 3615 INTERIOR RECEIPTS. The following table shows receipts at the Interior towns today, compared with tb« same day last year: Total, 26600 GIBERT & CLAY’S DAILY COTTON LETTER New Orleans, Dec. 7.—Liverpool ruble* wen- again favorable tu tone, their views tielng based upon the general excellent cop dltlou 4if the split market, sales In which amounted to lo.uou bales nt a hiss In quota lions of 7 points. Options, boweve/, were «uhj<-cted to considerable liquidation, ow ing to the near proximity of the Amerl ran government's estimates. Totlay’a mar ket was distinctly an uninteresting affair. • of 1111 exceedingly liberal luoveuieut. But with the small Interest that the mar ket uow holds. It was only natural that |*r!ee changes should rule rompnmtlxcty spot demand is also a factor which of late has proven significantly favorable to lower levels and augmented by the constantly In- c-reaslug slxc of ihe moveiuent, unturally gives rls«» to beliefs that now prevail to the i-freet that consumption of an unmistaka ble character must henceforth furnish more than a tentative Influence in creating high- AMERICAN CROP IS OF LOW GRADE NVw York. Ike. 7.-T{!• $uqj «ijrk:' •*rii planter and the mill owner wre still very manifestly the rilling pow-ers In the rotton trade, and futilres advanced slightly, uh much In recognition of this fact as from any other cause. The rvcelpts continued lllH-rnl, but It Is by 110 means*.clear thnt they are going to keep tip nt the present rate fm- any great h-iigth of time, l^ind and water trnnstHirtntioii facilities are se verely taxed to keep uti with the require ment* of the cotton bunliu-ss at In mu- nnd abroad. Meantime the high* grades con tinue so scarce nt the Hotifh- nnd so diffi cult to obtain even nt high premium* thnt some New Huglnml iiinnufncturcr». It bi stated, have tai-n forced to luiiHtrt Egyptian cotton Ht n cost of iilmut 2(h* a (Hiuud. It Is not Intrinsically better cot ton than American, hut It Is of tin- hmg- .nfnplcd sort required for certain gtssls. More and more It lM-«-oinea evident that this is u low-grade Aiqyrh-nn crop. Thnt meana 1 trade the giHsIs m-cdetl In a world 1 was s4-ldoin If ever its large ni even leaving t'hlim out of 11 China were buying, ns nhe bn recent years, the situation In the raw ».»!-. which It Is now. count. If bought In nmIs trade „ . iCQtf than . .. f.ancashfre Is doing the fo-st Imsiness that It has had for u generation. The current ns to the amount ginned and ns to to of the government's crop estimate a wide range, and are practically valueless, lit such circumstances, It Is not unnatural that the speculative pure should How down very perecptlhlv. and It Is, least, conceivable that nothing reniurknlde Is llkclv to develop.” New Orleans, Dec. 7. -’’Yesterday's cotton market putxled the talent, but wns not n faith shnker. for obvious reasiiUM. H|h-«-uIu- flrniiu-ss tu the wake of encouraging spot news throughout the fiimioon. but 11 tsdt from the blue struck the hu-nl ring vlien nil official deelliu- «»f an eighth of a ■cut on spots was uuuoom-iil In tin- late iftcrntHHi. Interior points, however, avoided tin* nniwarnnct* of weakness, a fad which left lots of hope with tin* bull fac tion. At the moment fortune’s eat Is cross enough to suggest the advisability of keep ing beyond reach of bureau day scratches, n course the talent now hah-min pretty well tncllueil to follow. Meanwhile, the cotton market is bringing to light yey Private Wire to Ollw-rt A- Clay. t’lilengo. I»e<-. 7.—Wheat opened miehnnged to higher, and has nn-t «*onslderalde selling 011 resting orders nt 79%e for May. JVc are bullish on wheat, corn and onta. they o r«- got ting In it stronger posli Ion every day. Buy .now. Chicago Rivord Herald: “The Mlnneso- mtput last week. Instead of showing it ■•nuerliil gain, decreased 15,100 barrels, say* The -Northwestern Miller. The quantity turned out was 279,960 barrels, against 351.- 2im baVrt-ls In 1!*C» and 270,945 t»nrrels In 19d<. Mills which are usually found In the operative list w«-re shut down Haturdny night, nnd are Idle this week. Lack of shliqdug directions wiih the enuse. It Is not certain that one or more of those now In operation wifi not stop befori- the end of the week. MIlilleilpollN mills found trade unusually dull Inst week. A few of them dlk|>osed of a rcducM- output, hut stteh were the exception. Fiistern buyers apparently believe It to their Interest to take flour sparingly, regardless of what wheat does, and are acting 011 that plan.” Ohio report, us wired here by King, of Tolt-do, makes December wheat condition 98, last month 96, Inst December 98. ami nt harvest 99. Prop was 43,000,000 bushels. No vember report made area sown this fall l per cent abort. Corn crop 125,000,000 busn- els, against pi9,00o,0iN> bushels a year ago. The report says 42 per cent of the 1906 wheat crop was sold from the nmehliie. Hessian fly and .grub worm did 2 per reut dniaage %o growing wheat. Otherwise per.- feet, .largest corn yield j«*r acre and crop over known. Orfly 2a |a*r cent of clover owed area sown was cut for seed. ’•The Isittle on the bull side of wheat Is won, in my opinion,” said K. \V. Dennis. ’’When May wheat sold ut 75%c, on Sop- temU-r U,' It sold nt the lowest price it will sell on the crop. Men. opinions and*! sentiment all have to go down and out be fore the ruler, and the ruler I* the situa tion. and the situation Is bullish.” STOCKS REVIEWED BY NEW YORK SUN New York, Deo. 7.—The Hun says: "There was no change yesterday of any account worth considering In the-local money situa tion. The scarcity of time money was in creased. and was so proinlueutly in evl- thnt In calculating the time when some distant relaxation In money was like ly to occur, bankers were generally In clined to place this period somewhat later than the new year. Speculative Wall; street was plainly disappointed; | was dec In red to In- the tnenger relief cxtetideil by the secretary of treasury in Ills offer announced latoL, 11onlay afternoon, to anticipate the bay- inept 4if 112,000.000 Interest on government! bonds, falling duo In the first two days of 11907. I*|» to the Inst half hour-of stock ex change biislm-ss yesterday, the security market was utcrly listless, although some what heavier tlmu It was on Wednesday. Tin* market scented to suffer more from the withdrawal from It of active specu lative Interests, rather than from nnv tig ovinis liquidating tendency. An Im-blent of tin- day that provoksd considerable discus- stoii wns the speech made by a leading banker at the meeting of the ehnml*er or i-otntm-ree. In which he urged that reforms lie enforced In the ineth«M|* of lending mon ey on call on the stock exchange ami de- uoiinccit the fluctuations In the call money mtes here us uncalled for uml hurtful to icm-ral financial affairs.’'—(Hliert A Flay. PRICE MOVEMENT IN WHEAT NARROW Opening Was a Fraction Higher, Which Was Later Lost. Chicago, Dec. 7.—Wheat coined higher for the day. Coru was %e off to %o up. Data were 'uCHic lower. I’m visions 54115c lower. Many of the wheat la-ara have Ih-cii trap ped and they will now Ik- forced to go Into the big wheat pit nml cover their contracts. Minneapolis was strong for rash wheat and the trade here on country milling account was good. Fash sales here were 70,000 bushels wheat, 50.000 bushels com and 125 bushels oat*. The aeatmard reported 18 loads wheat, 2 or corn nnd 100,000 bushels oats. A round lot bf No, T red winter wheat changed hands here, outside millers being the buyers. Tho prleo was not made public. Clearances of the week were 4.567.000 wheat nild 1,109,000 bushels com, compared with 4.235,000 and 2,440,000 bushels respec tively n year ngo. 1 Primary receipts of wheat S27.000 bushels and corn 476,00) bushels, compared with 827.- 000 nnd 666,000 bushels res|»ectlve|y a year ago. The day’* clearances were 395.000 bushels CHICAGO GRAIN MARKET. WII FAT— 1$ May.. July.— . , COHN— Dec 42% May 43% July 44% OATH Dec „„„ May whnt i ** u t ^ 33 ** quantity of 33S, elopments Ollmrl CHINA TRADE EELL OFF. Washington. Dee. 7.—The \alue of the shipments of cotton piece g.ssls fsom the Fnlted Klngtlom for the month of October I22.085.3JH. The wiles to China fell off i-what, hut the requirements of Turkey • on an exeeptbmally large scale, and Argentina ami Brasil took an aopri-cintdy largcr timiiitlty than last ymir, while India's also Inc WEATHER FORECAST. tleorgla—Fair Friday and Hatunlay- much colder Friday. I^Milsiana, Mississippi. Alabama and West Florida - Fair nml odder Friday; Hatunlay fair nml warmer. “Fast Texas—Fair Friday; colder In south portions; Saturday fair ami warmer. Arkansas and West Texas—Fair Friday and Saturday; warmer Hatunlay. Illnois, Missouri. Indiana, Kansas, Wis consin ami Michigan—Fair tonight ami to morrow; NEW YORK COFFEE. »Ncw York, . Dec. 7.—The coffee market opened »ton«|y at unclmngi-d prhvs to an novum-** of 5 poluts nnd lu-ld steady dnrluc the early Messloit on a tmMb-rato ib-matel III the absence of aggressive offerings. Prices Improved a little on some p«islt)ons after the the aeil 1 » Spi signet] bill. The o einl feature. Receipts If 1 shade lienxler, but attrnctetl little intention, nnd foreign markets were steady.- «*ll»ert A Flay. Following shows Hie opening range nnd close of the New \ork coffee market for today: Opening Range. June.. July August. Hopt ' Flo* 6.25 6.35 6.SW6.40 1*. 40-6.45 6.46-6.50 THE SUGAR MARKET. New York. Dee. Uetltied and raw sugar ; markets stt*:idy. lamilou l*eets steady. j Coffee quiet: No. 7 lUa. 7'4. Sugar steady: gramilattal 4.Hi. PORK— Jan.,. 15.40 May... 15.8*1 LAUD- Dec... 8.6*1 Jnu... 8.65 May... 8.67% u% 79% 78% 74% 79% 78% 4.:s, ii>. 42% 44 44% 42% 43% 44% Sl*i 35<5 33-; '.»% H 33% 33% «n\. ■* THE WEATHER. LOCAL FORECAST. For Atlanta nnd Vicinity—Fair tonight and Saturday; temperature below freoalng tonight; not so cold Haturduy afternoon and night. WEATHER’cONDITIONa The’entlre country east of the Rockies Is under the Influence* of uu extensive urea of high pressure whose center la now over Minnesota nnd Iown. The storm area that was over the etiatern lake region yesterday morning lias moved northeastward, causing general snows In New York nml New Knghiud. A second area of low pressure Is centered to the north of Idaho nnd Washington and is causing rain or snow nml higher tempera tures in thnt section. Italn has fallen at most stations south of the Ohio In the Inst 24 hours, hut iim a re sult of the advance of the northwestern high barometric urea clear ami colder weather «-overs the entire 8011th. Falls lie temperature of 20 to 34 degrees have oc curred In most states cast of the Missis sippi. Atlanta is 3) degrees colder this morning than at the same hour yesterday. The eastward drift of tho high will cause on11uued fidr weather In this section t< Private Wire to Olhert ic Clay. New York. Dee. 7.—Marshall. Spader & Co.: "Today's trading can hardly fall to^ reflect a tit Id pat Ions of tomorrow’s hank statement, and until the carry-over irtetr until Monday have bed» satisfied, the tunr ket may be dull nml present periods of liquidation.” ^ ... Itow-Jonea’ summary: Aigerleniis In Is' don steady at nlniut parity. Ixmdon market quiet and featureless. Interstate commerce commission an nounces Its Intention to Investigate Ifnrri mail lines. Steel trade suffering from shortage of cars. Hteet plates advanced $2 a tou. American Car and Foundry declares dividend of % of 1 |w»r rent, placing Che common stock on 2 per cent basis. Thla la the first dividend since 1991, when 1 per cent was paid. . President Ripley of Atehlsoli says Noretn lw»r earnings will be as heavy ns those of October. Twenty-two roads for the fourth week In Novcmlicr show nil average gross Increase of 8.58 'per cent. / Twelve industrials declined .45 per cent. Twenty active railroads deejined .74 per cent. New York Financial Bureau: The Ilernlu re|H»rt of Bock Islam! acquisition of the Memphis. Kciisns mid Texas explain* recent Waving of both stock*. We thiuk Rook iKlniid should be bought on nil recension.1. We do not believe much will be accom plished by the bears on the Union Pacific Investigation, although the technique of that stock weakened late Thursday nnd sup|>ort may have been reduced toward 180. We would buy It op n scale down. The df ‘ **• * — ~ - dividend stock today. Copper meets support of a scale-down kind toward 111. A Smelting siteolnlist says the support In that stock is strong toward 150. Atchison Is in the trading limits of par turns still on recessions. Hr. Paul «up| limit. Mhotild ... would perhaps drop sharply, owing to stops. Fuel Is meeting stock now 57 to 58. The news l*elug out, further realising In New York Central Is expected, hut lielow could be driven lower. Rending Is held now between 149 nnd 146. Southern Pacific Is In the trading limits of 96 uml »l Steel should lie liought on a scale down supiHirt la-lag strong around 46. DIVIDEND DECLARED. Wall Street Hlimitry. Tho American Tobacco Company has de clared the regular quarterly dividend of 1% l>er cent on Its preferre'd stock, payable Jan uary 2. Books close Deoembei 15 and re open January 3. The Chicago Great Western Railway Com pany will pay the usual Kcmi-nununl divi dend of 2 J*er cent 011 It* delienture stock ou January J-*>. Books close DeromI** and reopen January 2. The Chicago and Northwestern Railway oinpnny ha* declared the regular quarterly dividend of £ per cent on It* preferred stock, and the usual seiul-nnmial dividend of 3% per tout on Its common slock. Both dividend* are payable January 2 to holder* nf record December 12. The Consolidated Bunk of New York ha declared 1111 Initial Neiul-nimiial dividend of 3 per cent, payable Jnuuury 2. Books c-lom- December 20 nnd reopen January 9/ The InteriNirougli Rapid Transit Coninnnv ha* declared n quarterly dividend or 2% f»r cent, payable January 2. Book* clone 'H-emlier 17 nnd reopen January 2. The Lake Krlo and Western Railroad Company has declared a ,semi-annual dlvl- dead of 2 per cent 4111 It* preferred stock, tiaynble January 13 to holders of record Dwember 29. The Maryland Coni Company lias declared the iiNiml Hciiil-nnininl dividend of 2% per rent 4111 Its preferred stock nml an extra SESSION STARTED TO High Rates for Call Without Effect in Ear ly Trading. ROOM TRADERS Rpy Some Slight Declines i. First Fe\v Minutes, Thou Turned Upward. Cali money opened at 25 per cent- hli C6 per cent; low, 2 per cent; Inst iY,,„ |M*r cent. night nD*l Hnttirdny; temperntun* below dividend of 1% per cent, payable Deeembe freexlng tonight; not so cold Saturday 31. Rook* close December 19 uud reopo iiftermNin and night. Jnnimrv 2. Mohawk Minimum and Maximum Temparaturaa and Rainfall. Obterratlooi taken at 8 a. at., totb merI. dlau time. 8IDK8- Jnn.... H. .May 15.82% 15.67% 8.67% 8.60 8.62% 1.67% 8.65 8.50 K.r» 8.; 8.45 8.35 8.; AHII WIIMAT— 2 red ?6t*76% nominal: No, THE LIVERPOOL GRAIN MARKET. Wheat—Opened *» higher: at 1:3J |». 111.. imehnnged to % higher; closed % hlgln-r. • orn—opoiittl % higher; nt 1;3»> p. m.. % higher; close<1 unchanged to % higher. LIVE STOCK MARKET. —Hogs— Kst Inin te»l . Jpts 28.000. Market strong t«* 5»? hit. bulk fti.Mfl.5ft; light 8fl.M*47%; mlxeil $6.15^6.55; heavy $5.U5{f6.65; „fougb 55 heavy Li.u.^ib.60; rough $5.«i5li* 6.40; pig* $6,401/6.45; .vorker* $o.95n6.]5; gooil t«» choice heavy $6.45||6.55. Cattle—Esllmafetl receipt* 3,09*. Murket Hteady; quality fklr: tn-ves $3.9*>^#7.45; rows $1.254i4.6>: heifers t2.254|5; calve* 15^7.50; g«M)d prime *t«vrs $5.4'%*.45: poor to me dtum $3.90*tf6.35; stin ker* and feeder* $2.50 ft 4.50. Hheep—Estimated receipts 12.000. Abilene Amarillo Asheville. .... Atlanta. ..... a'&VA-.-.v;: IlSirtirSI. . . . ffostefn.- .**; . . . Buffalo Charleston. .... Charlotte. . . . Chicago *. Clnelunnti. .... Corpus Christ J.. , Davenport. . . . 1 lodge City. . . . Kl Faso Fort Smith. ... Galveston. ..... Havre Jat-k*4»nv(lfc. . . . Jupiter Kansu* City. . . Key West : Knoxville. . . . Los Angeles. . . ! Macon Memphis. ...... I Meridian. ..... I Mobile Montgomery. , . . Nashville New Orleans. . . , New York Norfolk North Finite. . . . Omaha FnleHtIm* Fidsburg Cortland. .Mi*. . , , Fort la ml, on*. . . , St Louis. . . . St. Fun I San Fraiicluco. . . Sava n nail S|Nikaue Tampa Taylor. Thomasvllle. . . . Vicksburg WuMhlngtou. . . . Wilmington. . . . T Indicates tn Max. I'roclp* Itatloa 62 58 .*!• GK 66 • IS 72 .28 KS .12 0 u 50 .06 70 64 .1.) 2*1 * .T 58 .T 78 ■ns 4u !oo ! 60 .00 | i' M | s :a ! 31 79 .00 HH 74 :S i i ! 51 .,.1 : 1 a •v i ' 74 :Z i u ! Tjj .14 ■ i» .T .eft | & .26 6) 42 l.ilti 5 i ! 5ft .T .Oft *3 | .T tM - ."0 »* .04 .56 i The Mohawk Mining Company ban declar ed. n dividend of $4 a share, an Increase of $1 a share over the previous disbursement, which was (Aide on June 23 last. The dlvl- dend I* payable January 1<>. Books dose Deeemlw*r 27 ami reopen January 10. The New York nnd Harlem Rallnmd Com pany has declared the usual souil-tinnual dividend of 6 per cent, payable January 2 to holder* of record Decenilrer 15. The I'nlon Bag nnd Faper Company hai AFRICAN COTTON HIGH GRADE. Washington, Dee. 6.—In British Central ifrlen, according to .particular* given In the eptirt of the commissioner of the protec- orate, the quantity of cotton exfMirted In he la*t fiscal year wns 776,900 pounds, ax otnpnrcd with 2W.00O immiiiiIs In tho preceil- New York, Dee. 7,-Call luonev ono.,, this morning at 25 per cent ami went m, 3tl before nild<fhy. On standing loans ,1 renewal rate was marked up genernnv'to |s-r cent, and fancy prices contlum-d t.» 1 i»ald for time accommodations. Aimtln heavy Iona at the sub-treasury, report-*! th 1 , morning, brought the total outgo t*. week up to $7,3 >ft,00u, and while the estimates of the Interior movenieni not nvnllaldo at this writing u w suiu-hI that the total loss which the will disclose In tomorrow’s statement lie n considerably larger sum «-\*-:i the payments to the government n.v Auierfeun stiM-ks were Irregulnr In !...i* with trading fairly gotnl. Fears wi-r.- pressed thnt. our extreme money strinzi nnd the eontlnned fall In New York ehnnge would prevent the relaxation wbl.-b otherwise seemed to have started in motif! couilltliua nitrontl. For the first hour. ,.*, market went on with Its decline, and leading issue* dropped a point or nio * ” om yesterday’s closing. New York. Dee. 7.—The sto<-k innrft opened heavy with declines ranging fr< %&% In the inajitrity of the list, jjo ever. New- York tVntrnl and Pennsrlvnnix oitem-d %<£r% point higher. respectlvHr I ulted State* Steel eommon. which *ohl n dividend %, recorded a gain of %, nml r a r Foundry rose % on n report of dlvldfini resumption. The hcnvlc*t losn-s extended to % In Reading nml CamuKun pacific nnd % In Southern Pacific. Ht. Paul declined > Thu stock market ruled firm to Htfn even with the highest rates for call imm* prevailing thnt have been established »<> fa 111 this period of extreme tension In tb money market. Jn the general list, « J.ir- part or buying wns by room trmb-r: Price movements were nearly all to high, figures after sorno slight dix-llnes Irj th first few minute*. Government* unchanged. Other Lom lower. MINING STOCKS. Boston, Dec. 7.—Utah 64%: Atloui-x b Mohawk 78%: Tecmuseh 20; California nti Arlxona 169; Shannon 16%; North Butte llft%; C«qqH-r Range 80%; Osceola 135. LONDON STOCK MARKET. STOCKS— AmnlgamntiHl Copper.. Aiineondn Atchison Baltimore nml Ohio.. .. Canadian* Pacific Chesapeake and Ohio., .. Deliver nml Rio Grande... Erie do, preferred Great western Illinois Central.... ’Kansas and Texas do, preferred Louisville nml Nashville Mexican Central New York Central Norfolk aud Western.... .. Northern Pacific Ontario aud Western Pennsylvania Philadelphia and Reading. Rock Island Southern Pa rifle Southern Railway.. .. .... do, preferred Ht. Puul Union Pacific;. ..* • do, preferred United States Steel do, preferred YYnhnsh do. preferred.... ...... 284 281 • 103% 103-, 118%; Ijs D7 43‘t 44%j 44% 4.7 * 76% 75% 75% lwJiDvi fijjl:::::: <*-,! iw*I wi'jw. MT. l«j Its*, a* 91 W!4! %• an : M ! :*>l iwiliaH (*• »3'4 «g! 1-. « r , lMUlOlfilOS sng 4aP....- ARRE8TED FOR MURDER OF A CONVICT GUARD. Richmond. Vo., Dec. fl.—Alonzo Gocn]- man, allun Jim Brown, colored, has been arrested here charged with cmn- the Mouth Carolina penlteit August when he and two other desper ate prisoners escaped. Coal Company Organized. Special to The Georgian. Montgomery, Ala., Dec. 6.—The Mu* -ontmeted in the year from 21,900 to lo.oft) I nanco Coal ('ompany, of Townley, which represents f ho ellmlnatIon of I Walker county, with a capital stock .RV/S 1 "!? , . M,ir fr f 2‘ \ot 820.000. has Informed the secret:try 2mS S!ii4l.brio'JS? nmih i» it. Incorporation. Tho M- per ixiutul. a* against an average of from h»wlng are the Incorporators: G. 14 to 17 cents itiitaltieii for Egyptian ami I Hlcknfan, X. E. Smith and D. T. Bo* A ., - H™ 01 * Hawkins, President. M. Atkinson, V. P. J Tnomas C. Erwin, Asst. Cashier, •eph A. McCord, Cashier. R. W. Vjers, Asst. Cashier. Third National Bank Capital Surplus of rnlu J. 11. MARBURY. Section Director. DIRECTORS* Frank Hnwktaa, If. M. Atkinson. Joseph A. McCord. $200,00O.OO. $300,000.00. Anothar Company on Probation. On next Wednesday Colonel Oboor, I inspector general of the Georgia na- ; Honal guard, will go to CtRumbus to | Inspect the City Light Guards. The ■ company has been on probation since i Market spring, and were given until now strong to a shade higher; unlive $3.40^b5X»: get themselves in good sha|>e. Colo- 1 western $3.25ti6.8); yearlings $5.6Mi6.49; 1 ne| Oltear will g«» to see If they c«i lamb* $4.75f|7.*»; western $4.7597.73. | CHICAGO CAR LOTS. SOUTHERN EXCHANGE Oldest E-labll.h.d Oltloe Smith. COTTOt—STOCK—BOROS—GRAIN Oro'ind Floor Oculd HiiUillng. Dally market letter and diork.t manual nmllrd on application. \VM. L I'EEI.. I'mldMt. ROBF.HT F. MADDOX. Vie. Pr.lld.at JAB. P. WINDSOH. Aullt.nt Coibl,: MADDOX-RUCKER BANKING COMPANY. CAPITAL $200,000.00 SURPLUS AND PROFITS'. . $500,000.00 Accounts, small as well as large, invited. 3 1-2 per cent interest paid and compounded semi- annually in our Savings Department. NORTHWEST CARS. ALONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone. Main ATLANTA. GEORGIA. COTTON SEED O'L. Opening. «'losing. IWi-iiiIh-i 3S ft3s% January .’tt\fi37% 36%9W\ Kelirnnry $Ai4i37' March . M May. July Ulosetl steadv. i« ...... r», »i*-4f37% 36%*_i27 LOWRY NATIONAL BANK Designated Depository of the United States. CAPITAL ijioOO,000.00 SURPLUS 400,000.00 UNDIVIDED PROFITS 140,000.00 A general banking business transacted. Foreign exchange, Letters of Credit. Corresponds direct with the National Bank of Cuba. THE AMERICAN AUDIT COMPANY Home Office, 100 Broadway, N’ew York City. F. W. LAFRENTZ, C. P. A., President. C. E. Manwartng, Vie. Prttidtnt, Thio. Coch.u, Jr., C. P. A.fS.c, .nd'Trti. BRANCHES NEW’ YORK—Waldorf-Astoria. BOSTON—Exchange Building. WASHINGTON—tColorado Building. NEW ORLEANS—Henncn Building. ATLANTA—Fourth Nat l Bonk BWf. CHICAGO—Marquette puildfiig. PHILA DELI *.IIA—Believue-Stratf ri HAN PraNITKCO—Belden Building. LONDON, ENGLAND—4 King Street, (’heapalde. ATLANTA BRANCH 1015-18 Fourth National Bank BuitcTing. 0. B. BID WELL, Resident Manager. T.l.phon., Main 872 Cabl. Addr.*., Amdlt, N. V.