The Atlanta Georgian. (Atlanta, GA.) 1906-1907, December 12, 1906, Image 12

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THE ATLANTA GEORGIAN, DECEMBER 12. 19*. mm CABLES IE E Did Not Fully Respond to New York’s Decline of Titesdav.' NEWS AND GOSSIP of the Fleecy Staple. 12:90 22ff23 lower. Wiu pipertwl nlwMit 2# lower. On till* barf*. we should open lOttlJ higher. If(i«'«r«| M’IInou offering 5.CSX) March at 9.6*4'. The Journal of Commerce; “A large vol nine of nierchnndlse l> being moved out of the eight wing NEW YORK WAS WEAK Wire Houses and Commis sion Houses Sold Heav-' ily at Opening. 00000000000000004000000000 o o O 20,000 BALES OP COTTON O O IN YARDS AT DECATUR: O O WORTH OVER *1,000,000. O o o O Special to The Georgian. O O Decatur, AUt.. Dec. 12.—There 0 O are ovtr 20,000 bales of cotton ly- 0 O Ing In the yards of the I>ecatur O O rot ton Compreta Company In thin O ■Ct city. The cotton covers live acres 0 O of ground and Is worth over $1,- O C 000,000. This jh the most cotton O O ever seen In one place at ono O O time In this poitlon of the South. O O O OOGOOOOOOOOOOOOOOOOOGOOOOO Ilcgvy selling by wire nnd commission h<iu«u n'og stop orders mused the New York market to open much weaker than duo on the <-nblef. A good deni of cotton waa picked np bjr • professionals who believed that tfie break find been overdone. It Is apparent that Manchester spinners ore on the "nnxlou* sent." ns all declines nre met with heavy buying from that Inter est. The sales Wednesday aggregated 14,0»J) bales tit n decline of 25 isdnts. which would Indicate that present prices are low enough ft»r Unr grade rot ton tin d entirely too low for the best grades. The New York market for futures on Wednesday held remarkably steady In face of the estimate by ftie gov ernment, ami at the close prices were unchanged to » points higher, the lat ter for December, the spot month. tallowing* Is the range In thu active .months In Liverpool today. Open. High. Lew. Doceinlier 5.45 5.47 5.41 5.40 5.40 5.33 5.40 5.40 5.32 5.43 5.43 5.36 •ment: 1106. 1W6. 1901. J 4,7,4J5* J<«»,78| 121.406 Id.254 451.732 439,719 i iHwemisT ■2 January-February X; March April m nfay-June f , l$em l-weekly » .‘Hct+lpt* if Hhlpmcnte Ntioek* J25,J£> 110.323 518,913 • . /Comparative receipts at I’. S'. iHirts: : -Net receipts today ' 62,217 •Same day last year 34.635 * Same day .’Increase Total receipts for three days : Same days Inst year Increase Total receipts s^ne 2*4,659 171,763 92, m Heptemlier 1.... 4,981,307 Hfiiuc tittle Inst j’enr... IlM-rcase ‘ Estimated tomorrow:. 1906. New Orleans 10,000 to 12,000 tialvestou 11,000 to 14,000 Houston 11,000 to 13,000 Movement at Atlantn: Receipts today ..erne day last year Increase mupunfes in the enden shippers, but the demands service than usual bid fair to table congestion." New Orleans, Dee. 12. —Llv lower does not reflect our d due 2S point* loser. Hpot sales of bales suggest that spinners are willing to take cotton «t present prices and not await possible lower levels. Liverpool cables: "Continental and Manchester houses are buying. Think short Interest Is nlxnit liquidate*! Edited by Joseph B. Lively MARKETS Mr. Ur.l;'l tw.nl/-flvr j«r«* .xperlencr of rd- Itloc mark.U In Atltoto nnd rh« South bn raid* him « rocofnlMfl *n- thorlty Id hln «p«c*»lty. TWS FLASHED From Wall Street. RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAME OF KTOCR. A u -s is ti ° * ft. - o 3 § ket llkelv to decline fill' cut." t the lilo suit tile The adjustment 9f prices newer developments continues. on me opening loti** liquidate*} freely Mini shorts were equally ns desirous to cover, the nervousness of tin* market becoming plain ly marked by the |iicous«Hpietitlnl Inter* est that the market holds. All new de pends upon the spot situation, and the at titude of spinners will be closely wntehed. The pestern forecast Indicates fair loin- The eastern forumnt indicates fair and warmer weather tonight ami tomorrow. Little or nothing Is lielng done today In spots. The demand has abated aud market fs expected about -V down. ATLANTA MARKETS. FRUITS AND PRODUCE. EGG8—Candled. active, 29c. LIVE POULTRY—Hens, active, SSftMC each: chickens plentiful, 15025c .each; ducks. Pekin. 36c each; puddle. each; gweee. full feathered, C6c each; lur* Geese, nndrawo, . turkeys, undrawn, pound; hens, undrawn, sc d; ducks, undrswn. fancy, 8P0T COTTON MARKET. Liverpool, easier; middling uplnnda 5.79d; sales 14.0UU. Atlanta, easy; middling 1(15-16c. New York, steady: middling 10.50**. New Orleans; quiet- inbblllug 10 3-16**. Augusta, steady; middling lOWe. St. lands, nominal; middling 107$o. savannah. quiet; middling 1«c. I button, steady; middling 10'Ae. Boston, steedy; middling 19.5b**. Baltimore*, nominal; middling 1014**. Memphis, quiet; middling 10 11 -16c. Charleston, quiet; middling 9ty\ TODAYS’PORT RECEIPT®. The following tnhls shows receipts at the Interior towns today, compared with the same day last year: keys, acUre, 14«* pound. DKE04ED POULTRY—' active, iO0i2 1 /tc pound; ft " - # 1_ 15c poundfries.' active.’16e pound. PRODUCE—Tennessee libs and lames, *•- Tennessee sausage. 9c; lard. 10c lb.; hnuu octlre, 14c lb.; shoulders net Ive, 10** lb,; sldei active, 10c lb.; butter active. I5*j22tyc lb. Imeswas, active. 26c pound; honey, bright, active. Hr pound; honey In 1 -pound blocks, active, tZr pound: cheatnutn nr the. bushel; dried apples, 6c pound; whdte peas active. 12.60 busnel; lady peas, 13.00; stock, |1.40<M .Ba . . GAMS—Quail, active, 16c each; doves, sc- five, 6c each; ducks, mallard, active, 40c each; ducks mixed, active, gr «u*b; wild turk./D, Dctiv,. 16j- poiinil: raldiliA *. tlve, 19c each; squirrels, active. 10c ench; opossum, dressed, active. 12He pound; opos* sum. live, active. Ic pound. Fill’ITS—Lemon*, fancy Messena, 14.690 6.00 Bananas, per bunch, culls, active, •OrWI.OO: •IralflbK. II.50*12. oft ,, ln;Dpn1«. Florida .took, p,r rralo. KM OraDMJ Florida atook, win* lo .iio arid conditio, en arrival, n-r hoi. I1.50C!.*. ApptM. rholoo, B.I1 llnvla, $2.7503.1)5; fancy. K.f; Now Tork atato applea, wlntw jwtr- 11.. . cboloa par harral. »«7. 13.7604.00. Grape*. New York state, lu 6-lb, tmastotrsaastgg muHo* ,ss\rss stis k. owing to sl*e and color, per box ll.W) 41*50. Limes. Florida stork, per hundred. 754-1*31. Nuts, fancy, mixed. In lw»xes. per rounds. 12V4G14c. Coeoannts, hesvj rultans, sack of lOoTaetlve, at $4.50 sack. PesnuUln sacks averaging 100 pounds each, owing to **Vb5sJKaKXr^-Beets,’ csbbsge emtes, active. $3.00 crate; cabbage, standard crates, l«c pound; cabbage, barrels, t*ic pound; ... plant, artlv.. 62.60 crat.; cnrnin- h”a. 61.50 era to: tmnato.a, fanny, nnllvj, 6*60 crate; toinato»a, choice, fletlye, 62.0OU 1* crate: lieana, ronnd .Kreen, ».<» CMte, ontone, dry, active. 15c hu.hel; Irlah pota- toea. aetlve No. 1. SOc tmaUel; celery, fan cy, tMisae bnncli: pepper* actlye, 6U* crate; ukra, ala liaaketa, amall. 62.50 ornle, canllli’w.r. ticllv.. aoiOc pound: l.ttuc., r-«i hnndeil. 61.00*11.60 drum: awnct potntooa, yel- 37S I low. active, 60 liuahel; aweet imlnKe-a.wblle. 1-.065 actlr., iwt.- hoab.l; kraut, half harrcl. M >5: rutahaga tiirnlpa. like. Ktrawherrlct. 33#<0c * *** 1 crate. FLOUR. GRAIN AND PROVISIONS. FLOIJR—III,beat patent. 66.60; I..61 pat ent 6*.to; atnndard patent, 64 »: half pat- •ot. IC 99; spring whest patent, 95. *cbUN—Choice red cob ®e; No. 2 white. C7c; No. 2 yellow, 67c; mixed, «7c; old crop choice, «**; old crop No. 2. 17c; old crop mixed,* 67c: new Tennessst white, 65c; crack NEW YORK. •The* following la the range In cotton fu tures'fn New York today: ill 2 It jf || Dec. . , , Jnn. . . . . Feb March. . . . April. . . . May June. . . . July Aug 9AIU9.41 9.50 9.52 9.50 9.50 9.60 9.69 9.58 9.09 9.63 9.82 9.73 9.87 9.75 9.89 9.69| 9.69 9.39j 9.40 9.39) 9 49 9.50' 9.60 9.521 9.84 9.58 9.89 9.83 9.79 9.63 9.73 9.75! 9.87 9.69, 9.69 9.40-41 9.48-49 9.6747R 9.64-66 9.70-72 9.77-72 9.81-83 9.86 87 9.89-71 9.16-8* 9.47-48 9.58-58 9.84-85 9.69-71 9.77-78 9.81-83 9.84 85 9.66-87 Closed very steady. 1915. S.K73 H.689 9,526 New Orleans. Galveston. . . Mobile. . . Snvannnh. . . Charleston. . . Wilmington. . Norfolk. . . . Boston. . . . I'ldladelphla. . Jack* vllle. 2474H 177W IMS* K509 9267 II7N'. 1646 Hi corn. Per bushel, 79r. , M . OATS—Choice whits clipped, 80c; No. 1 white, 46c; No. 2 mixed. 47c; Texas rust- ***61EAL--P1XIn water-ground, par bushel. C5c; boftsd. 140 pound lutes, per bushel 6oc; Khort*. white, ll.M; medium. $1.40; brows. $1.35; pure braitn $!•-•»; mixed brand. $1.15. UiT-T* * " * ‘ * **• d»., COoli ••lover $1.16. Timothy, cholco lame bal»a. jl.3: i ties small bales, $1.25; do., No. T o Bar INTERIOR RECEIPTS. The’siHive price* are f. n. b. Atlanta. -ONf, “ aams. $9.00. Dry i 2.95 ftonnthi, 10.31: . Hnpreuio lard, lO.oo; Snow Drift comptmnd S.50. FISH. Bn*sm. 607c pound; snapper. 10** pound; trout, H«* pouml; blue (lull, k** pound; pom Pam*. 1 Mi2oc |*oiiml. mackerel 8«* pound, mix e«| deli. A* pound; fresh wiser treiil. M*b>“ iHiund; bar sha«l. 5n<i€•*•*: r.n'k shad, 2T*trJm*. GROCERitr.. BUOAR—Mtnuitam gran mated, f.Vio New York refined. 40c; plantation, Ic COFFEE—Ronate*! Arhiickls’a, $1150; bulk . -- *" green 110l2e. according to ths B *c1TekHE— Fancy full cream dairy, l6V6c; twins, 13**. Hbreddnl biscuit, $5 case; No. 2 rolled AtlantL — _ Ain-rlcsa Huger 14ft- Anaermd.t. . . .... - American Locomotive. do. preferred. . • • Am. HmtltMg Kef. . . •lo. preferred. . • . Atchison . . uo. preferred. . . . American Cot'on Oil. . . Am. Car Foundry. • • Baltimore A Ohio. . . Brooklyn Rapid T. • . Canadian l*act&c. . • . Chicago k Northw'n. . Chess peaks k Ohio. . Colorado Foal k iron. Central Leather. . • . _ do. preferred. . . . * Chicago k Great NT. . . Chicago, M. A Bt. P. . Delaware k Hudson. . Distiller's securities. . Erls. ......... . do. preferred. . . . General Electric. . . . Illinois Central. .... Am. Ice Securities. . . tanisrllt* k Nashville. 8114 5*1, 36S igii mil 161*4 ITSVi 115 S7V *6*4 1*6*4 1*7 HS 58% 2 »» 74 110V* NA5IK OF STOCK. N. ont. u nwun. National Lead Nortbarn I'avlflc S .w York c-ntral. . . orfoik A WMUto. . I'.nneylvanla I'wpla’a Ut> Fraaawl Hta.1 Car. . . fla. prafarntl. . . • I'adfle Mali. It.habile Bock I .land do. prafamd. . . • Caltad States llubbat • da profarrad. . . • Southern l'aclflo. . . • baath.rn Hallway. . • da preferred. . . . T.ob. Coal a Iron. . . T.xaa A I'adfle Union Pacific United State. Steal. . da preferred. . . . Vi.Car. Chemical. . . do. preferred. . . . Western Union Wabash da preferrsd. . . . Wisconsin Central. . . da preferred. . . . b £ a LIVERPOOL. The following Bgnrca’ gtre the openlnf range and cloac. compared with yesterday: Futures opened easy. Openlnf Previous Range. S p. to. Cloee. Close. Dec 8.45 .6.47 5.«6 8.4114 8.70 llec.-Jail... 6.4.1 -5.41*4-8.40 6.16 5.6* Jan.-Feb... 5.40 -5.S) 8.67*4 6.66 5.61 Feb.-Mtr.. 5.39 -6.68 .... 8.H 8.61 Mar. April. 6.40 -5.St*4 6.6? R.K 5.61 Aprll-May.. 5.40 8.39*4 5.J5 5.63 May-June.. 5.43 tt.4! 8.42 5.36*4 5.6454 Jnne-Jtily.. 5.44*4-5.44 5.43 5.16 5.66 July-Aug... 5.45 -6.44*4 6.44 6.39 6.67 Ang.-Hept. 5.36 J>,36 6.17*4 6.33*4 5,60 Cloecd steady. NEW ORLEANS. The following la the range la cotton fn- tore* la New Orleana today: Dec Jan. Feb March. . . . April. . . . Nay June. ily 10.13 L’loaed' ateady. 2 I’ll tb.aplitLia I i! ^93 9.92-93] 9.92 9.91-92* 9.91-92 r».7» 9.9394 9.92 9.98 9.97-98 9.98-971 10,02-0310.01-03 10.10(10.09.10'10.08-091 110.14*13110.13-151 19.16110.104$ VUO-St NOTES ON GRAIN. Pointers on Provisions. Offering* nf provisions arc small a ml •mo local effort to buy caused, the market reni't quickly. Mien of yenteninf verlng today. ‘ The northwestern market shoivx tin* decline ours does. The Ghb'ngo Evening Post: Government report of tin* winter wheat sown this fall gave tin* condition at 91.1. which coincides exactly with the figures of condition given <rrc*|Hindlhg time lust year, but I ii (* this bout 320.000 own suggested to the 000,000 bushels more in the nbiflstJchiu About « t wv,wu wheat as being Indicated, or a total of about 507,000.000 bushels. After all. the general conclusion appeared to 1h* that there was little use In making estimates now of the probable result next harvest. As one broker who mad® no estimate said of those who did: "They nre like the man whose wife has Just presented him with a lu.|Miumt l*»y, calculating from the weight niul healthy look of the newcomer that lie will live to be eighty years of Age." G4i\ernmi*nt niiiiouiiccs that Its tlual esti mates of the total acreage, production mid farm values of the prtiiclpnt crops for 1906 (|li ftAft nn ,» will be made December A World's wheat shipments: n OPENED HEAVY Mure Liberal Offerings From West and Southwest .Main Factors. vlous I at st American. Utisslmi Dunnhltin Indio Argentina Australian Austria-Hungary., fTille-H, Africa.... shlpiue List Week. ■4.696 I (NS> 4.K24.ISS) 4,raW,(M>0 12.240.000 2,338,000 3,ll00 t «00 i— Hg ,216,000 2,104.001) 4.VHJSM 732,<*m 416.0OO 1.2P».ooo 4HH.00O 240.000 240.IVKI 32,000 2OS.0M0 16,000 4,792.01 Mrt.OVt 176,000 so.twm 90,000 304.000 The following table ahowa receipta at th# Interior towns tmlay, compared with tbs •am® day last year: Houston. Augusta. , Memphis. Totals 12,978,000 10,416,000 12.752.000 Livi*r|NN>I^T«>lAl world's shipments of bri*Hdstiiffs during last week 12,974,000 bush- ' i. agiilusa 10,418.000 bushels the previous •ck mid 12.754,000. bushel# • a year ago. kpimiflty nf t»readsfwffs ahlti(H*<| for orders Included In the aiMiv® 1,800 iiQu bushels, com- ■aired with 720.000 bushels the previous .week mid 2.558,000 bustiels s. year ago. To- K - ~llieat taken by continental countries the week H, 132,000 bushels, against 4.184,000 |*1* the previous week nml 6,132,000 bush- ids a „v#*ar ago. . IlnHUiihall cables that according to a ca ble from Mr. Heuvera, • hla Argentina agent, the wheat harvesting Is progressing ■m*rnhfy. The corn In the .North Is not roml*lng well, owlug to the dryness. New York wires *»f corn ns follows: 'Conditions certainly weak Imre. Cash market Is easier anil bids for shipment ■Bev than last week Till* la the cor- t Index to export eoiiditb*n*." . •». daughter »V »’•*. snbl: "We ink- •mr Antwerp eorrest-opdents Saturday If uiiey expected n material decrease In the lltnsslau shipments the Iwlniu’e of this scs| Chlcaffo. Dec. U.t—The wheat mar ket closed with a ateady feeling, hut at losses of 3-8(6P5-8c for the day. Corn waa off 1-4(ft3-8c. Oata down l-4fl> 3-Hc. Provisions were* off a little. Belling caused an early dip In wheat, but there watt a better demand later. Cash business here was reported at 88.000 bushels wheat, 25,000 corn nnd lu0,000 bUMhcla oata. The seaboard reported 10 loads wheat, 5 loads corn and ' Stf.OOo bushels of oats. Primary wheat receipts 702,000 bush, els and corn 583,000 bushels, against 1.016,000 bushels, respect- ear ago. Clearances were 601,000 bushels wheat, 90.000 bushels corn and 26,000 bushels oats. CHICAGO GRAIN MARKEf for today Opeo.* WHEAT- Dec U% May 79 July T8«i CORN- Pec 4?fe Mny 44 July 44*i» OATH-^ Dec May ti’ii July .SIS Pork— . Jail... 15.7a May... 15.93 LARD- Dec... S.tW Jan... 8.57*# BIDES- * Jan... 8.35 May High. Zi* 2i4 33' 15.87^ 15.66 3.*Fi :*•»% 33*. THE WEATHER. LOCAL F0RECA8T. Ilsnta and Vicinity—Fill rsdsy, with rising temper: weather’conditione. Th® tres of high pressor® has moved east ward during the last 24 hoars, and has 'caused considerably colder weather over the eastern half of the cotton licit and along the Atlantic coast Into New England. Ttfe tree of low pressure In th* northwest Is causing higher temperatures at most stations between the Mississippi and the tricts. Little or no precipitation Is reported east of the Rocky Mountains nnd clear w'cather prevail! at most stations. Minimum and Maximum Ttmp«raturas and Rainfall. Abilene Amarillo Asheville. . . . , Atlanta. . . . . Augusta Birmingham. . . Bismarck. . . . Boston Buffalo Charleston. . . . Charlotte. . . . Chicago. . . . Cincinnati. . . (’•irpus Christ). Davenport. . . Doilgw city. . . El Paso. . . . Fort Hmlfh. . . Galveston Havre Jacksonville. . ; Jupiter. ... Kansas City. . . Key Wear. . . . Knoxville. . . l.o# Angeles... . 8.80 Mobile. / . . Montgomery. . 8.42V* I Nashville. 1 up).. i follow* ,*4*4*t $1.86. $3 case! Hack grlta. H-pound bag*.] lOysters, full weight. $1.75 esse; light STOCKS REVIEWED BY NEW YORK SUN . A .Ijrht weight. $1.10 case. I.vnii*>nit«*«l npplex 7\c pound. Pepper. Ike. link * — ‘ * 3734H I 24833 PeppiT. Do linking powiii rV ease. !b*d auIuwu. $5 eas**. Pink anliuon $1.33 ease. Civoa. 39e; chtH-obitc 35c; anug. 1 pouml Jars, 48i*. Hoaat l*eef. $1.3>) case. Cornet! !*eef, $1.30 cnee. Catsup, $1.89 esse. Sirup: New Orleans, 33c gallon; corn 2H4* 10-is . lekers, 6»ic jiouud; lemon 7*^c;*oys- d, 6c; mix- i Soda GIBERT & CLAY'S DAILY COTTON LETTER/** . _ PC .. ter 7c. Barrel camfy, |»er piuiiul, ed. per pound. <V- Toinatoet, 2-pounil. $1.90 case; 3 iMiund. $2.23. Navy tiesns. $2; Lima I hr ns. 6‘fcc. Best uint.be*. p«*r gross. •VM$»c per pound. Hnr- z* ease. Potush, $3.23(t Peanuts, 5 l r **, Roi>e. 4 i»ly cot ton ISHc. Snap. $1.50^4 case. New York, Dee. 12. -The Him says: "Al though l» was a matter of general expc**- taiiey Monday in the flnatnlal dlstrl<*f tlint within Iweiity-four hours some addi tional plan of treasury relief «*f the tnoticy market would la* aniiouiieeil at Washing ton. nml the st*M*k market bud m-cn strong fin* Moxeral days past In this l*ellef. the deflnlti* promulgation of terms of treasury aid - resulted In n shnri* rise In the price of stiN'k* yesterday. Towanl the close of the day. owing to the active dealings In stocks, higher rates were demanded. I.«»n- nIuii**s. although it ons not until several hours of the stock exchange seaalon hn«l pasMMl that tin* *|U4)tntlons of the leading CASH WHKAT- No. - red 75^^76*4 ;* No. 3 do 73675: No. 2 Imr.l winter .4*6fl76V»; No. 3 do 72tf75. PRIMARY MOVEMENT. The following tigurea give the primary tnovemeot of wheat and corn: Wheat—Reeeipts today 702,000 bushela. last week $50,000 bushels, sgainst 945,0(«» bushels, Hhlpments-today 644.<w 796.000 * 8.*47*v I >>*; qrkgu. ’orn—Receipt* today SfikOOO bushels. last (Tartar * ..L 111 AiM I At it ih\i '* New York. Norfolk North I'latte. . Omaha Palestine. . . . Pittsburg. . . Portland, Me. . Portland. Ore. , HI. Ixniis. . . . Bt. Paul. . . . San Francisco. Savannah. . . . Hpokane. . . . Tampa. .... Private Wire to Glbert k Clay. New York, Dec. It—MnrahaU, Hpatler k Co.: "Most market opinion* Incline to the Idea that the Immediate ftytnre of the money market will continue to reatrlct trading on the part of borrnwera of call money, though rate* may not be aenaatlon- fllly high.*' It la expected here that an official atatement will be given out today or tomorrow at the latest to tyie effect* that the negotiations which have been In progress about nine months, looking to the purchase of controlling Interest In the Mexlcar Central by the .Mexi can government, and the consolidation of that company with the National Railway of Mexico. Dow-Jones' summary; Americana In Loii don atock 'itfl above parity. Great Xortbern Issues $69,006,000 new pre ferred stock, with rights to stockholders at par. Popper stocks In laoutIon booming. Light demand for stocks in the loan crowd. London aettleuient patting off aatltfae- tory. nnd no anxiety on money situation felt there. Copper market still very strong, with buying In considerable volume for March and April. Eleveu roads for first week of December show an average gross Increase of 11.23 per ceut. Twelve Industrials advanced .31 per cent. Twenty aetlve railroads advanced .96 per cent. New York Fiuauclal Bureau: t'oualQera- ble Bt. Paul |§ for sale toward 190. toward which level realising occura. but the stock several polntt from the rioting. Uulon Pacific alto seems In a position to advdfece further than the high price of yesterday. . We continue to be bullJab ot Hteel. According to Boeton advtree, Copper la ready for a big rise. Sugar ^meetx^ stock, still Around f 187 An a- , Transit takes the 82 atock, a sharp rise Is likely. Fnel see jus to us to be on the verge of a good aurance. Bull tips are noted on New York Central; also Southern Pacific. TALENT BELIEVES THE CROP IS HEAVY M I .W | 32 .On 44 i .an 44 ,IM .| 54 | 7$ | .00 week 421.000 bushels, against 1,016.000 bush els Inst year. Shipments today 257,000 bush els, taut week 438.UOO bu»hel*. against 387.04) bushels last year. • I.ih.'.I 28 points l« on tin* on initUni •fcn<»t*^l further of lioc* L , Hgft ' ' I In Liver j •wer thun I H|M»t nil .NEW YORK COFFEE. York, D< rks In* i.arkc .•no h.i 12.—The t** buy after *u* li n ' F. Hu*** was iloubtlcss | tt eslstamt shot A* , . f 10-tjlo points, price* reaching n new |,.w level ‘i'iimii n* n result *»f •ll**p|...liitiiu; *• • European *«>|||iig order* nml local There whs also hoiui* svlling- whb h itp|K»*c4l t*» lie against r»urcita*«><a in Brasil, nlthiMigli the purity between b***nl mtracts ami the primary market | i made In the lentil* I much more cheerful . ) ill tilliim’lat rentiluellt ill I SSJleral week*, past, owing t biiybiL lout- . use of th' cut In U|ubhv largely then* U*tw the CHICAGO CAR LOTS. Below It given receipta today and esti mated receipts for tomorrow; Today. Totnor. Wheat 35 42 Tliomasvllle. . Vicksburg. . . Washington.. Ilcatea trace of ralu or snow. J. D. MAKUL'BY. Section Director. THE WEATHER FORECAST. LIVERPOOL GRAIN MARKET. Wheat—Opened lower: at 1:30 p. ui. uurhangeil to lower; <-b>Se4 »« lower. Corn Opened 'i lower: at.l:*) p. in., iiq changed: closed unchanged to higher. Georgia—Fair Wednesday; warmer In the northwest portion; Thursday fair and warm er: variable winds be4*omlug southeast ami ; light to fresh. Ijoulslana. Western Florida. Alabama and MlMlsalppI—Fair Wednesday and Thursday; warmer, variable winds, hecotnln'g southeast and light to fresh. Tennessee and Kentucky—Fair and slight ly warmer Wednesday and Thursday. New York. Dec. 12.—The Bun says: "The crop estimate put forth by the government of 12,640.600 bales exclusive of (Inter* was a telling blow to the market for the reason that very many will.be Inclined to add a million bale* or more to the eetlmate, ho.' llevlng that the government figures nro that much too low. A year ago It esti mated the crop at 10,167.818 bales and It turned out to be 21,345,98$, or close to 1.209.009 bales more than the December es timate. As already Intimated, most people will consider the estimate Issued yesterday ns altogether too low. Its figures of 12,646,- 000 are construed by tnsuv as meaning In reality 13.000,000 to 13.600,Oft) bales. It may l>e that better methods have been pursued this year and that the figures as given out yesterday are substantially correct, ns they were In 1903 nnd as they caiue very near being in 1902. The difficulty la to know whether this Is so or not. In the meantime there Is the bearish construction put upon It almost everywhere. And It may have fin' effect ot cutting down the demand from spinner* very materially. If they be come convinced that there is to be month or two have been heavy. Koine make the critielsii), however, that the unit adopteil by the bureuti, that of HOO-pound bale* gross, is absurd. Mr. Hester having polnteil out that the weight of the bales this year is a iitfie over 520 pound* gross. Home take the grouud therefore that figures In the estimate really point to only a little over 12.009.009 bale# and are therefore bullish. It Is a fnet that Interior stocks. In spite of the recent enormoua crop move ment, have gained but slowly: nt tne same time, however, the mills' stock must have lawn gaining rapidly." New Orleans, Dec. 12.—The agricultural bureau's crop estimate of 12,646>K) bales of 600 pound* gross weight convinced the talent that the world nt large would now believe production would easily equal spin ner*' requirements, and when the smoke of w , _ r several serlou# technical arguments, but the public knows very little of such things and senti ment will for the time being at least follow in the wake of least resistance. The Inte rior. however, will not likely accept the dictum of the rings without protest. For weeks past the average owner of splnable cotton has repeatedly been urged to sell his bale# practically on his own terms and the suddenly changed aspect of affairs market- wise will api>eal to him In every different light from that in which'It appeals to the speculator. On the other hand, were there uo world's financial cotuplh*nUou* to be considered. chen|H>r raw cotton should aug ment demand to a material degree, on gen eral principles friend* of the staple are dis appointed. Rut last annlyal* price control must ngsln revert to the character of the supply and demand relationship, unless the Interior Is to abandon the splendid advan tage It has won In the recent past. At the moment actual 4*otton merchants cannot bring themselves to l»el(eve Hu* i-oiion- growing states nre In nuy danger of falling Into ohl-tlme bad habits again. L!verp«tol Is down sIhuii 29 points, ronseniiently the 4*ables will lw» wntehed carefully this morning.—Glliert A t'lsy. STOCKS OPENED ' GENERALLY HIGHER Specialists Say the Public Had All Stocks Could Easily Take. SOME STOCKS STRONG Arbitrage Brokers Said Lon- don Bought About 20,- 000 Shares. CALL MONEY. Opeucd 9 per cent; high 15 per eeur i„» Sfi per cent; last loan 15 per cent. New* York. Dec. 12.—The proflt.t»u.i* which yesterday had l*en partiaflv ceal*d by the strength of selected '«t„, stood forth more conspic uously in i.h| H \ , market. To some extent the desire i<> l. : was based on the absence of the exi«*«M. i relaxation In money rates and upon th* continued heavy outgo of cash through th- sub-treasury. Hlnce Friday the bank* Im-h now lost on this account upward of $t j > ■. 009, a sum approaching the entire nmoimt which they look to secure at the |. M ,j , * the week from the anticipation of K „ ri <. n ,. ment Interest. Call money continued t, hold during the morning at 9 per cent and above, while the stringency In the tin,.* loan department waa aa pronounced m ever. A few stocks held up verv firm in the midst of the general heaviness, auuuiw* them Ht. !*nul, Atchison, LouIsyJjj,. Nashville sml Copper being espeelallr not*, hie. . On the snnouncement of the n.-w subscription about to be offered to Great Northern shareholders the stock f. r .*k- Mharply. although this news was exp**< te | to exert the opposite Influence. The rest of the list moved with irregularity but generally lost ground. The stock market opened almost generally higher. Anaconda. Great Northern i. .. ferred nnd St. Paul up *§. Northern I'a.-iri - l^r. Colorado Fuel- 86, Car Foundry. st< * i preferred, and Pennsylvania «i* «»«1 South- ern Pacific and Copper H. Atchison m i Southern Railway unchang4*<l. iuir*{ states Steel common and Rending down '» Price moveihsntt In the first hour were Irregular. T1S» atari® of trading allowed that n large Hibounaiof stock bought had been sold out-In otuaf to realize tlio nun*- rial profits mode vnfl| thA last fi*w iim*. Specialists In stocktr>a|iKl the ntihib- had been given atmut fill ttte stork It *miM easily take, find that any outside demand around established prices wonld be steadily •applied. There are several, atronr »i*>u In the market, however, Including Northern Pacific. Colorado Fuel find \ Atenlson. Ar bitrage brokers said taondon bought aiHiut 20,000 Shore* on batsaefi. - 1 . Governments iinchangod; railroad 1e>n<ia GIBERT & CLAY'S DAILY STOCK LETTER - F ■ ...w York. Dsc. 1J.— 1 The market gute further reflection today of conaidsratloti of high money rates .Ifi reduced support rx.d evidence of realising and»>perhaps, fililrlhu- tlon. Rather deeblid presaurn on Readitu; ami the Hill stocks attracted attenthdi. waa restricted and sag, without, however, a display of wenv ness. The foreign news was not dlatluct ly good; ttroug money rate* being qtiohj In London with heavy withdrawals fnj the Bank of England for South Anierh-id shipment and *4»me talk of gold futfujj metits for New York. Meantime, fhc »b»4| market has accepted today's soiling in sure aud adverse Influences in a very *at- Isfaetory way, and w* do not expe< t is- dlslodgment ot long stocks to become rlous. MINING STOCKS, ' LONDON 8T0CK MARKET. THE METAL MARKET. 12.—Tin it *»e higher In the and " * * “ «*ad, spelter and an slightly _her In the nearby deliver- »Pl»er unchanged. stocks- Amalgamated Copper Anaconda Atchison Baltimore and Ohio Canadian Pacific do, preferred Great Western llllnoln Central Kansas and Texas do, preferred Louisville and Nashville Mexican Central .............. New York Central Norfolk and western Northern l’aclflo Ontario and Western Pennsylvania Philadelphia and Reading .... Rock Islsnil Southern Pacific Southern Railway do, preferred Ht. Paul Fill tod State* Hteel do, preiVrre4l Wabash do. preferred Union Pacific 1U6H 106L l'H-i im* 1197*4 w* Il39' 4 :i:» is* NORTHWEST CARS. SOUTHERN EXCHANGE Oldeat E.Ubll.hed Offlr* South COTTOI—STOWS—rBOHOS— Ground Floor Oould Building. r»a»**>* market istter and market manun* mailed on application. .. (MltMNlidlng IIIHMI 4 •ling •' tntlve cstlmutt* nf !.'.&4*>.Qfl» tmles pri*sent grow Hi. there ur*- ninny who main tain, aiul with nunc Juatlcc hi-**, that foi n while to come present level* »rt* nb«»m Juatlfied. ami their opinion** flu* ii»**hI of cotton »«» sup. c.mtr«.*t». Th.* ability ..f bold, ttnim their policy of piece nie.il dUfribufbm j \h not M>rl*»«ialy dlnputed. trad 4>C4‘UNltni tin- ! Iwdlef that the pro'-es* may t»o long drawn ; out. Eventually, however, the exUten.’e of s conabb*rnbb* nnioiinr of low cotton, and i the preiu'tit crop la said to •-•mtnln « very large tHT4*entnge of such grade*, will tin , I * • i i I • t • 1 lv reflect materially In *h* .i|Miie* contntctu i*r i-Ine the nttractlons to Hr Ksstern market .d cotitm of iimleidrrthl, • hnrn.-ter may. at bast, csom* a fnrtlu* .. _ . . f price* lM*tw*'cu that market j Septeml*- believe*! to Ih* decldeilly iignfnst such •>perutf4'n« nt the present Him*. Receipt* wen* a shade lighter tlmn those ' ** * - - * Mtlll eotllpured '* figure*. Tlte liearUhl.v with last ; Jun.lluliy rep*»rti*4l Sao I'aiib* agnlii«t 17. - Ipts for Hie against 22.719 Inst hate been grudunM.v n.-eotiut* again t*» the the ln*t hour of bnslne ket I vegan to I*.* nff**cteil by the specula tlo «-ent. Th the fide mid) I heir THE LIVE STOCK MARKET. ebruary lait^c : April t.45 6.50 | heat y $3.73/ u 6.2); r* »..*•■) 6.6‘I *18.10: yoikei-s . 6*1 €.63 I heat > P'». 1‘ -<|6 5.70 6’ rattle tte.-ef|i 1 logv Estimated re. i 1 5©l5.- lew.-r: bulk Stite 1 $3.96*46.20.- Ilybf LOWRY NATIONAL BANK Designated Depository of the United States. $500,000.00 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, New York City. F. W. LAFRENTZ, C. P. A., President. C. E. Manwaring, Vie. Pr.iid.nt, Thao. Coeh.u, Jr., C. P. A., 8»c. and Trttt. BRANCHES ATLANTA—Fourth Nat l Hft" 1 ' CHICAGO—Marquette HulDltnc NEW YORK—Waldorf-A.torla. BOSTON—Exchange Building. WASHINGTON—Colorado Building. NEW ORLEANS— ffennen Budding. CHIL A DKI.r :i IA—B,1 levU, - rft' ( 1 ’ SAN FRANCISCO—Belden Bulhllm LONDON. ENGLAND—4 Kina Street, Chearslde. ATLANTA BRANCH 1015-11 Fourth National Bank Building. C. B. BIDWELL, Resident Manager. Talaphona, Main 872. Cablt Addra.., Amdit. N. V. wldi . .... {RMBHrSpboiHI cstbvti* p*dnt t * * tin* Influent •JcilIHlid (••‘lug kllfflclcllt to ' literal inorcti.citl nt market, Anguivi plt-BUl, iii.il j Octivb. * ..f a la .. ««>. Mnrkct atcmly to ( ♦mc* $3.9>vfi7.4o; cow* $1.23<t i 4.*r*: heifers $2.»M13; | ‘nprlnn* *ttH*r* $3.4.V<i i •.Hum $3.990f>.4»; st.K*k.*i SU*-**| l\!pildl.*,l ALONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS dpt* Im the* ns*f#6. W.-*. t $5.01816.3): I .units Frank Hawklna. President. . P. Tuugia C, __ , C'tll.ler. R. \V. lyera. Asst. Cashier. Third National Bank COTTON SEED OIL. b Empire Buildin**. ATLANTA. Bell Phone, Main 85$. fJF.ORGIA. .•?*!« XUH;* f j Capital Surplus Dr. A. W. ClIboM. MDfett Dawn. John \V. Grant. Saaga—mbm—e—n . . $200,000.00. . . $300,000.00. DIRECTORS: j. h. NunaMI,. J. t'arroil $ , ayue. R. It. Roieer. 1 *a\ 11 Woodward. Frank Hawklna. II $L Aiklix-m A MeO.*i WM. L. PEE*.. I'retMent. ROBERT F. MADDOX. Vlre Pretliteat 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 compoundefEsonv- | annually in our Savings Department.