Newspaper Page Text
PRICES REITER
AT WEEK'S END
Large Mill Takings Was
of a Bullish
Character.
CABLES WERE HIGHER
Thcnd Has Been Steadilj
Downward on Bearish
Guess by Government.
N>w York. Dec. 1&-The strength dis
played hr tie cotton market at l.lrcrpool
at the close wss not followed closely by the
local cotton market this morning on sc-
roant of pressure credited to Wall afreet
Interests. First prices here were only 15 to
9 points higher and after the call the ad-
rsnre wss reduced to about 4 points.
The Liverpool market Saturday morning
showed unexpected strength in tne futuret
department, though the advance was attrib
uted to manipulation. The close was 3 to 4
points higher with the tons called firm.
Following is the range In the active
months in Liverpool today:
Open. m*h. Low.
December ».3-j JjJ-j
January-February f*JJ 6.4JH 6.32
March-Aprli 6.M Ml 5.M
May-June 6.37 5.45 5.87
Spots were marked down 7 point" to 5.72
for middling, aplnnera taking 0,000 bales nt
^Tbe^New York market did not fully re
spond to Liverpool’s advance on the theory
that the rise was manipulated In that mar
ket, henre the American market only par
tial! y followed. . . . .
The week has been one of bearish one
ceseea and prices have suffered a decided
•et back. The highest quotation* occurred
on Monday and the lowest on trlday. The
following table gives the high. low and
closing quotations Saturday and the close
on Bfcturday, Decemtwr 8:
r Close. Close.
High, Low. Dec. 15. Pec. 8.
December 9.98 9.14 9.80-82 9.88-90
January 10.15 9.25 9.38-39 10.00-01
March 10.35 9.49 9.63 10.17-18
May 10.46 9.66 9.78-79 10.29-30
July 10.51 9.75 9.8991 10.38-39
The cloae today waa steady net 6# 11
points higher, as compared with 1* rlday a
dose.
Estimated Monday: ^ m
New Orleans 19.000 to 22.000 14.037
Galveston 19.000 to 22.000 16. .34
Houston 15,000 to 16,000 11,365
Atlanta’s receipts have been Increasing
rapidly the past month, and today passed
the Hw.Ow mark, aggregating 100.056, against
108,791 on the same date inat year.
Movement at Atlanta: »
Receipts today 1.448
Same day Inst year w»4
Increase
Shipments today J.700
Same day laat year Ljg
Increase 077
Stock on hand today 16,606
Same day last year 8.3X2
Increase ".224
8POT COTTON MARKET.
.. ng 1014c.
New York, steady, middling 10.65c.
Galveston, quiet: middling l0 3*16e.
Wilmington, quiet: middling Me.
Memphis, quiet: middling 10 7*16c.
Baltimore. nominal; middling lOftc.
, I’UiluUelphla, steady: middling 10.$Ue.
TODAY'8 PORT RECEIPTS. *
The following table abowe receipts at tba
Interior towna today, compared wltb tbs
same day laat year:
1906
1906
New Orleaua
Galvaaton
Mobile
Savannah
Charleston
Wilmington
Norfolk
New York
Boeton
Philadelphia
Port Arthur and 8a*
bine Paaa
17264
20677
1212
12923
671
765
2500
294
814
6757
6436
6602
1123
4458
800
#><»
3442
iwi
8467
Total (incomplete)...
63677
21678
8.
INTERIOR RECEIPT
1906
180(
Houston
Augusta
Memphis
Ht Louis
Cincinnati
19839
1523
4816
lono
3150
4306
913
313
1333
Totals ...............
12326
14872
WORLD’S VISIBLE
SUPPLY STATEMENT
The world’s visible supply of cotton,
aa complied by Secretary Heater, of
the New Orleans cotton exchange,
ahows an Increase for the week Just
Closed of 135,371, against nn Increase
of 126,324 laat year and nn increase of
130,998 year before last.
The total visible la 4.738,499, against
4,603,128 last week, 4.997,891 last year
and 4,448,312 year before laat. Of this
the total of American cotton la 3,848,-
499, against 3,693,128 last week, 4.-
005.891 laat year and 3,778,312 year be
fore laat. and of all other kinds. Includ
ing Kgypt, Brazil, India, etc., 890,000,
against 910.000 last week. 992.000 laat
year and 670,000 year before last.
The total world’s visible supply of
cotton as above ahows an Increase com
pared with last week of 135.371, n de
crease compared with last year of 259,-
392 and an increase compared with year
before laat of 290,167.
Of the world’s visible supply of cot
ton as above there Is now afloat and
held in Great Britain and continental
Europe 2,206,000, against 2,406,000 last
year and 174,000 year before last; In
India. 358,000, against 511,000 last year
and 272,000 year before last; and In
the United States, 1,970,000, against 1,-
912,000 Inst year and 1,776,000 year
before last.
CHRONICLE’S WEEKLY
WEATHER REPORT
New York. Dec. 15.—Telegraphic advices
to Tbe Chronicle from the Houtb Indicate
that the weather dnrtng the |Ht»r week has
been generally favonthle. wltb light rains,
licking has been completed In sotue sec
tion*. ami the movement of eottou to mar
ket hns been liberal
NEWS AND GOSSIP
of the Fleecy Staple.
Private wire to Glbert A Clay.
New York, Dec. 15.—Liverpool, dosed 3
to 4 higher, waa expected 2 to 3 lower. On
this basis wc abonld open 10 to 14 higher.
The advance In Liverpool Is due to the
large mill takings during the week.
Following la the statistical position of
cotton on Friday, December 14, aa made
up by The New York Financial Chronicle:
This Last Laat
week. week. year.
Visible aupply ....4.802.534 4.644.386 4.938.684
American . 1,910.634 1,754.386 4,002.684
In sight for week 557.5*0 574.886 396.574
Since September ..6,821.437 6,263.867 6,239.844
Port receipts 4U8.984 431.469 264.806
Port stocks 1,336,338 1,238.286 1,172,696
Export* 272,125 303,871 277,319
Interior receipts .. 332,577 347,254 216,124
Interior stocks .... 6*0.111 641,367 738,424
Interior shipments 293,823 307,130 180.665
Total mill taking* 530,832 409,530 422,186
American mills .... 401.432 336.530 326.586
So. consumption.. 47,000 47,000 46,000
Nor. spin, takings ‘ 116,296 89.434 116.543
New York Commercial: Trade waa gen
erally more quiet for the day, although a
few large buyer* representing western Job-
tier* were In the market. The cotton yarn
market la generally strong, although more
uncertainty In different directions was ap
parent yesterday than for some time. Buy
ers are complaining loudly of the prices
they are being naked for spot yarns, and
the mills are not yet ready to go much
beyond June on «*oniracta.
New Orleans. Dec. 15.—Liverpool at 3 to
4 up Is aa much higher as It wss expected
lower. We should open altout 16 up.
Liverpool rabies: “Market feela the In
fluence «f Jobbers caught short; small mar
ket.”
Another cable says: “Blundell A Son were
the principal buyers; local operators cov
ering; tnnrket was manipulated.”
The evident manipulation of the foreign
market at the close has been the primary
cause for the failure of the American mar
kets to respond fully to the Improvement
due. Trading Is very dull, some few aborts
are covering nml holding prices steady, but
keta nt the present time, fitoeka In other
positions must lie bsdly depleted or there
would not be much pressure for prompt
shipment, while the olfAcuity encountered
In endeavoring to obtain needed supplies
hns changed the attitude of purchasers from
the hand-to-mouth policy to an eagerness
to avoid a repetition of the present Inabil
ity to supply the trade.”
The Western forecast Indicates partly
elottdy with probable showers in the south
ern portion of the belt and fair and colder
weather In the northern portions.
HESTER’S WEEKLY
COTTON STATEMENT
Secretary Hester, In his weekly state-
ment of the movement of cotton, shows
an Increase In the movement Into sight,
compared with the same week last year
of 15,000 In round flgures, an Increase
over the same month year before last of
108.000 and an Increase the same time
In 1903 of 154.000.
For the 14 days of December the to
tals show an increase over last year of
146,000, an Increase over the same pe
riod year before last of 191,000 and an
Increase over the same time In 1903
of 222,000.
For the 105 ftaya of the season that
have elapsed the aggregate is ahead of
the 105 days of Inst year 586,000, be
hind the same days year before last
199.000 nnd ahead of 1903 by 938,000.
The amount brought Into sight dur
ing the past week hns been 569.205
bales, against 394,677 for the 7 days
ending this date last year. 461,047 year
before last and 414,909 same time In
1903; nnd for the 14 days of December
tt has been 1,160,658, against 814,193
last year, 969,705 year before last and
939.051 same time In 1903.
The movement since September 1
shows receipts at all United States
ports 5,127.196, against 4,560,666 last
year, 5,229,212 year before last and 4,-
435,922 same time In 1903. Overland
across the Mississippi, Ohio and Poto
mac rivers to Northern mills and Can
ada 406,620, against 351,905 last year,
431,284 year before last and 353,769
same time In 1903; Interior stocks In
excess of those held nt the close of
the commercial year 511,288, against
571,959 last year, 663,177 y<Aar before
last und 467.937 same time In 1903;
Southern mills takings 849,000, against
831,277 last year, 777,266 year before
last nnd 705,922 same time In 1903.
These make the- total movement for
the 105 days of the season from Sep
tember 1 to date 6,902,054. against 6,-
315,707 Inst year, 7,100,939 year before
last nnd 5,963,550 same time In 1903.
Foreign exports for the week have
been 268,901, against 298,491 last year,
mnklng the total thus far for the sea
son 3,463,009, against 2,976,722 last year.
An Increase of 486,287.
Northern mills takings and Canada
during the past 7 days show a decrease
of 1,680, os compared with the corre
sponding period last year, nnd their
total takings since September 1 have
decreased 122,421. The total takings
of American mills, North, South and
Canada, thus far for the season have
been 1.793.270, against 1.898,166 last
year. These Include 932,999 by North
ern spinners, against 1,055,430.
Blocks at the seaboard nml the 29
leudlng Southern Interior c-"*er» hive
Increased during the week *’ >51 bales,
against a decrease durtn. ' corre
sponding period last season of 72.994
and are now 68,185 larger than at this
date In 1905.
Including stocks left over nt ports
und Interior towns from the lust crop
und the number of bales brought Into
sight thus fur from the new crop, tho
supply to date is 7,199.824. agulnst 6,-
760,238 for the same period last year.
COTTON MOVEMENT
DURING PAST WEEK
The movement of cotton for the week
anil season, a, compiled by Superin
tendent Klnjr, of the New York cotton
1907 MARKET PAGE
—will be even better than we have
given heretofore.
The Georgian has four member
ships in the new Chamber of Com
merce Market Exchange, and our
own wire direct from New York,
and will continue to make its mar
ket page the best we can produce.
Remember—Mr. Lively, our market
editor, has had over a quarter of a
century experience at his business.
His markets are reliable.
Edited by
Joseph B. Lively
MARKETS
Mr, Lively’»twenty-lira
years* experience of ed
it! nc markets In Atlanta
and the Booth has made
him a recognised au
thority In bis specialty.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
NAUB OB STOCK.
Amalgamated Copper.
Atlantic Coeat line. .
America* Huger Bit. .
Aiucom/iv .•••••'
American Locomotive.
do. prs(erred. . . .
Am. HmeltiM ltet. . .
do. preferred. . • .
Atehler.il.
do, preferred. . . .
American Cotton OIL .
Car Foundry. . .
ltnore * Ohio. . .
Brooklyn Rapid T. . .
Canadian pacific. • . *
Chicago fit North* a. .
Chceapeeke A Ohio. .
Colorado Puel & Iron.
Central Leather. . . •
do. preferred. . . .
Chicago A Oran* W. .
Chicago, M. A Ht P. .
Delaware A Uudaoo. .
DtatUlcr'n Heeurltiee. .
Brio
do. preferred. . . •
Orneral Electric. . . •
Tlllnole Central
Am. lea Securities. . .
Loularlllo A Naahvlll,.
Mexican Central. . . •
ourl Pacific. . . •
l.M% MIH 1341k
33J —
.sa
115* US ' US
104% 104% 104%
118% 118 118
147%
114%
131%
jit
1%
NAUB or STOCK.
N. OnL a Weatero.
National Lead
Northern Pacific. . • •
New York Central. . .
Norfolk A Weatero. .
Pennsylvania
People’s Gae. ••••..
Pressed Steel Car. . .
do. ’preferred. • • .
Padfle AlalL
Reading. ........
Republic Steel
Rock leland
do. preferred. . • .
Bloes-Sbeffleld
Trim. Coal A Iron. . .
Texas A Padfle
Union Pacific. .....
United States Steel. .
do. preferred. . • .
Ve.-Car. Chemical. . .
do. preferred. . . .
Western Union
Wabash
do. preferred. • • .
Wisconsin Central. . .
do. preferred. • • .
*88
exchange. Is' us follows:
Weekly Movement.
This
laist
Year.
Year.
Port rrrelpts
Overland to mills nml
415,815
256,325
Canada
Southern mills’ tak-
59,141
43,004
Ings (estimated) .
Gain of stock nt In-
69,000
66,000
terlor towns
35,589
29,351
Brought Into sight
for the week
579.545
394.6S0
Total Crop Movement.
Port receipt* f», 143,680
4.607.684
Overland to mills and
Canada
Southern mills’ tak-
401,968
325,993
Ints (estimated) .
Stock at Interior
816.000
773,000
towns In excess of
September l
610.728
545,517
Brought Into sight
thus far for sea-
son 6,872,276
6.232.193
ALONZO RICHARDSON & CO.,
PUBLIC ACCOUNTANTS
AND AUDITORS
Empire Building. Bell Phone. Main tbfl.
ATLANTA. GEORGIA.
NEW YORK.
The following Is tho rang* In cotton fu
tures In Now York today:
lit i
n
i
V
ti
Dec
.In
Sob.:: ::
April .. ..
Mny
June .. ..
July
Aug
9.29
9.41
Mi
9.76
9.89
9.71
9.321 9.29
9.43 9.36
*9.66 *9.68
9.83 9.75
'9.96 *9.86
9.77| 9.71
9.31
9.39
9.62
9.78
9.90
9.71
9,36-32
9.38*39
9.49*51
9.61
9.69*71
9.78*79
9.83-85
9.89 91
9.72*74
9 19-21
9.32*33
9.41-43
9.54455
9.63-62
9.70-71
9.75-77
9.81-82
9.64*66
Cloned steady.
LIVERPOOL.
The following gives the opening range
and close, compared wltb yesterday.
Futures opened steady.
Openlug Prevloue
Range. 2 p. ro. Close. Close.
December 6.19 6.11 5.41
Dci-eiuher-January
Jauuary-February
February-Mnrch
March April 5.33
Aprtl-Mny 6.35 5.4.1 5.39
Mny-June 5.37 6.45 5.41
June-Jnly 6.38 5.4«Vi 6.42V*
July-August 5.39 6.48 5.44
Angust-Septaniher ....5.42 6.42 6.39
o.«i d.«j
•y ....5.36V* 5.41V* 5.38
y ....5.33 5.40** 6.37
5.32 5.40V* 6.37
Clotted firm.
NEW ORLEANS.
The following Is the range In cotton fu
tures In New Orleans today:
\
i
*
3
1 ><‘1*
Jan
Feb
Mar
April
May
.Tune
July
9.96110.07
9.90 10.07
'awlio.’io
io.68|hU9
i,6.25*i6.'33
9.U0
9.96
*9.98
ibios
i6.»
mg
M
10.07
10. OT
1 10J
10.08 10.
10j
l".
10.
10.1X
£ 5
O.X7-8X
08.8-
9.89-90
9.91-92
9.98-99
10.01-02
10.06-07
10.15-1 r,
NOTES ON GRAIN.
Pointers on Provi*ion».
Private wire to Glbert A Clay.
Chicago, Doc. 16.—Hull Interoata .till atatiil
pat anil probably add to their lluoa on
.oft apota.'
Cobl weather favorable for eorn move
ment. In Ituy event do not believe that
eorn eon bo forced much lower. Phis will
be ink nit noft apota. ....
Chleago Ursulas Coat: Following to llnl-
Imnl. warren A chandler front their Min-
non polls house: "Ktroinr demand for winter
wheat. Mills buying heavily to arrive and
taking nil spot in light. Wheat that could
not got over 78c for yo.tenlay being .nap
ped np nt 7S%e today." .... .
Morris ttehwnbaehera estimate of provi
sion stocks In Chicago was a. follow.: Pork..
13,600 brla old and 8,000 hrln new: lard, 11,M0
tea old. 10,500 tea new: rllw, none of the
old nnd 1.600.000 Ilia new. The change, thus
Indicated altue a week ago were &» l.rls
decrease In the old pork. 5.000 brl. Imwenne
In the new. 3,000 tei decrease In old lard
nnd 500 tea decrease lu the new. luO.OOO lbs
decrease In old riba and 600,000 lbs In-
ereane In’ the new.
SPINNERS’ TAKINGS
AMERICAN COTTON
Secretary Heater given the takings of
American cotton by the spinners of the
world as follows:
This week 414,000 this year, against
327.000 last year, 259,000 year before
lust.
Total since September 1, this year
3.969.000, against 3,953.000 last year
und 3,789,000 the year before.
Of this Northern spinners and Cana
da took 433,000 bales this year, against
1.055.000 last year and 1.011,00<l the year
before; Southern spinners 860,000,
against 843,000 last year nnd 787.999 the
year before; and foreign spinners 2,-
176.000, against 3,066.000 last year and
1.991.000 the year before.
COTTON 6EED OIL.
Following were the opening and closing
prices on «*ottoii aeetl oil today: ^
member 41ftfc4.l
Jit it it.i rv
IVhnmry. .. .. SfcftfrS
March S7ft£i37ft
May 37H4I37H
July .. .. STftfciSft
Sales: 200 Jauuary at Sift am! 300 May
nt 37ft. Closed steady.
WHEAT OPENED
FRACTION LOWED
Pit Traders and Profession
al Operators Were Heavy
Sellers Early.
Chicago, Dec. 15.—The grain list on the
board of trade wits easier, float figure*
showing losses of VtGVic In wheat,
in corn and V*c In oots. Hog products 2ft$#
and corn 618.000 bushels, compared with
767.000 and 901,000 bushels, respectively, a
yesr ago.
Clearances were large of wheat and flour,
totaling 860,000 bushels; coni 270,000 bushels,
nml oats 6.000 bushels.
Cash sales here.were 15,000 bushels wheat,
45.000 bushels corn nnd 145,000 bushels oats.
The aenltonrd reported 15 loads wheat, 5
loud* corn nnd 50,006 bushels oats.
THE COFFEE MARKET.
close lu the New York coffee marl
today:
Opening
a linage.
January 5.35-5.40
February 5.4*1-5.50
Mnrcli ...5.9)5.66
6.655.7S
.....5755 85
5.855.16
6.00
6.00-6.10
6.15
6.20-6.30
6.256.40
April
i
I June
July
• August ..
I September
I Oetotier ..
Novenilicr
Close.
5.505.66
5.605.65
5.705.73
5.905.85
l*..066.10
6.105.20
*5.206.25
6.265,30
CHICAGO GRAIN MARKET
Chicago groin anil provision quotation,
for today follow:
. I’revlon,
WHEAT-'”"’ * *’ C|M ' C|0 «-
Dec 73% 73% 73% 73% 73%
May Tgg 784 78 * 78% 7*S
"*
Dec 41% 41% 41 41 41%
M«>' P* “H «%, «’i 43%
July 44 44 43% 43% 44
OATH-
Doc 34 *4% 34 34 34%
May 38 38 .1574 35:4 38
JU K)iiK J 3 * 33 51% 33%
Jan... 15, M 15.96 15.M 15.92% 15.80
Ma^... 16.12% 16.27% 16.12% 16.27% 1C.10
Doc... 8.70 8.70 8,65 8.65 8.65
•Inn... 8.75 8.75 8.70 8.75 8.65
May... 8.Si 8.87% 8.86 8.85 8.77%
KIDB8—
Jan.... 8.52% 8.55 8.60 8.52% 8.47%
May... 8.66 8.72% 8.65 8.70 8.60
CAHII WHEAT—
Nn. 2 rod 74%4?75'4 nominal: No. 3 red
737174 nominal; No. 2 nnril winter 73%ft75%;
No. 3 ilo 7W174.
GIBERT A CLAY’S
DAILY COTTON LETTER
New Orleans. Dec. 15.—Options In Liv
erpool closed 3 to 4 points higher, when
due to show a simitar decline. Toward the
dole manipulation was plainly apparent,
final prices advnnctng 4 points over the
next previous quotation. Considerable liqui
dation, however, was indulged in by shorts
on' the bullish aspect of the visible state
ment Insofar as spinners' taking* for the
wefk were concerned. Spot quotations were
7 |*>lnts lower, 6,(X»0 bale* having been sold.
Today's market showed an unmistakable
Improvement in the undertone, although
. .. _ p r | c< »a were only half way reapon-
mculng
live to
CHICAGO CAR LOTS.
Below Is given receipts today nod esti
mated receipts for tomorrow:
Tofibyr. Tomor.
Wheat «3 1P5
THE LIVERPOOL GRAIN MARKET.
STOCKS AND BONDS.
Georgia Railroad 6s 106 107
Georgia 4V*s. 1913 112 114V*
Savannah 3*. 19W 102V* 1**4
I Atlanta 5s, IfU !03 104'
I Atlanta 44*. 1922 lo? logv*
I Atlanta and West Point 1*0 155
•Atlanta and West Point del*.. no
if. It. C.. 1st Income ...
IC. It. 2d Income 75
IC. It 3il lueome ;i
Georgia Railroad 2C2V* 267
ve to the udvaucc nbroml. Nevertheless,
the week-eud statement of supply was con
st rued In the light of a bullish report,
primarily on account of the large mill tak
ings. which, after all, are uo more than
natural In consideration of the marked ac
tivity that the spot market has but lately
expcrletice.1 and which continues fairly
*t*wdy nt the present lower levels. On the
other band, the large e*tlmated receipt*
for* Monday for both New Orleans ami
lloustou a* compared with last year, ami
the actual weight of moving eottou recorded
today, are nil ImUcntlou* of the HUfflcieuey
of prevailing supplies aud shows the ab
solute necessity of an equally effective
power of absorption If present levels are
to be maintained.
WEATHER FORECAST.
Georgia—Fair Saturday, except rain In
northwest iwrtlon; Sunday fair aud cooler.
Louisiana nml Mississippi—Showers Satur
day: Sunday fair.
West Florida and Alabama—Showera nnd
colder Saturday; Sunday fair.
Kast Texas—Showers nnd much colder In
south: fair In north portion Saturday: Sun
day fair aud colder.
Arkansas. Tennessee and Kentucky—Fair
and decidedly colder, preceded bjr colder
Saturday; Sunday fair.
Daw-Jons*' summary: Northern Padfle
announces $96,000,000 new atook issue to be
offered to stockholders at par with install-
meuts, payable over several years, increas
ing if# capital to $$0,000,000.
Mexh-nn government formally announcei
acquisition of tgajorlty control of Mexican
Central.
Greene Consolidated Copper passes to
control of Amalgamated Copper Interests.
United States Steel earnings show large
gntim. «
Car shortage In west creating serious dis
tress.
Indications point to a strong bank state
ment.
Eighty-eight roads for October show an
average net increase of 10.95 per ceut, and
for four mouths 11.45 ner cent.
Slxty-two roads for November show .aver
age gross Increase of 5,36 per cent.
Dun's Review notes some irregularity In
collections, due to high money rates aud
failure to uuike the crop*.
Banks lost on week's currency movement
$1,494,800.
Bmdatreet’s says prices of staples made
further advance Id November, mnklng its
fifth consecutive monthly gain since the
middle of the year. ,
Twelve industrials advanced .72 per cent.
Twenty active railroads advanced 1.80 per
cent. /
New York Financial Bureau: Brooklyn
Bnprd*Tronilt Is tipped for 90 next week.
Htrong foreign buying accompanies a
pointer from high sources to buy Copper,
which Is worth more than the price.
Union Pacific may meet a little stock
toward 188, owing to speculative realising
orders.
Kt. Paul nnd Canadian Pacific should be
lK)ught ouly on recessions, nnd but for
turns now.
We continue bullish on Reading, believ
ing It destined for much better figures.
A London bull tip Is noted this morning
on Anaconda.
United States Steel Is ready for a good
If’ Rhode Island pool will take tho 33
stock, we think It can Ite put much higher.
We tmlleve Louisville and Nashville
should be Itought.
Kouthern Is also a good purchase.
Pennsylvania was wqll supported, and
Philadelphia is reported bullish on it again.
Kiueltlng can extend the rally. - the In
tegrity of Its 151 support having been
maintained well. .
Atchison. Erie, New York Central and
Southern Padfle are still In the trading po-
altlon.
Fuel Is tipped for a further rally.
The Hill stocks should be bought on n
commensurate reaction only. ...
Mexican stocks should l»e subjected to
renllxlng on further advances.
BELL BROTHER8' FRUI'T
AND PRODUCE LETTER.
Atlanta, Oa.. Dec. 15.—The holiday
rush la now on In full b!a»t. Fruit*
poultry, eggn and email green vegeta
bles are playing the moat Important
part*, and all are extremely active,
with more or leas scarcity In all the
various article*.
Egg* have ruled higher and more
regular than lor several year* paat,
with no prospects of a change In prices
the coining week.
Chrlatmae turkey*, from present In
dlcatlon*. will be In normal supply, and
we look for select stock to be held
firm. A* a rule, smaller fowls are more
or less scarce during Christmas week,
and we look for a very substantial de-
mand. .. ,
Rib* and bones are In light, supply,
and all receipts are dlspoeed of readily
at outside quotations.
Field peas of every known variety
are scarcer and higher than they have
been for years, with prospects of still
higher prices after New Year.
Sweet potatoes In limited supply,
with the market well cleaned up. while
Irlxli are extremely dull and plenti
ful. . .
Cabbage market well cleaned up, and
have advanced In the paat ten days
three or four dollars per ton at ship
ping points.
Oame of all kinds In very light sup
ply, and selling readily at quoted prices.
Apples In liberal supply on such
varieties as Baldwins and Ben Davis,
and selling for less money In propor
tion than Is being asked by the grow
er*. A car of fancy Colorado boxed
apples will be on the market the com
ing week, and will command higher
prices on 'account of the superior
quality.
Present Indications . point to an ex
treme scarcity In oranges the coming
week, with a probable advance of 25
to 60 cent* per box. In fact the mar
ket is already 25 cents higher than dur
ing the first part of the week. Prac
tically no tangerines at all are coming,
nnd fancy prices Is the order of tho
day.
drape fruit dull and plentiful, espe
cially small sizes.
Pineupples In liberal supply, and
prices being obtained are not remuner
ative to the grower*.
A few crates of fancy strawberries
for Christmas trade will command
pnylng price*.
Cranberries and celery ruling high,
and will continue so throughout the
holidays.
Small green Florida vegetables, such
as egg plants, cucumbers, tomatoes,
beans and head lettuce are in light
supply, and advancing rapidly.
Trade condition* the preeent week
have been very heavy, and the heaviest
Is yet to come. Taking everything as a
whole, produce dealers are all smiles.
LIVE STOCK MARKET.
f'hlengo. Dee. 15.—lings—Estimate re*
....hits today ll.OO. Market strong to 6c
hlKlu-r: hulk W.OGCI.M; light 867/6.22%; mix
ed $6<i6.27%: henry «6.S(%»6.27%; rough 85.80
<16.36; pigs 96.4066.80; ynrkers 86.157j6.20;
good to eholce heavy 86.151/0.27%.
Csttle—Bstlmsteil reiidpts 300. Mnrket
steady; beeves 83.M687.40: rows 81.25684.60;
heifers 32.307/5: rslve# 80®s; good prime
steers 85.404/7.40; msir to medium 83.906/5.35;
Stocker* and feeders 32.4'J684.40.
Sheep—Estimated reeelnta 2.000. Market
steady; natives 33.206/5.80; western 83.20$
5.75; yearling* 85.50fi6.25; latnh* 34.756/7.85;
western 34.75687.75.
Ill EIHLI THil
There was Very Little
Pressure of-Long Stocks
for Liquidation.
PROSPECTS BRIGHTER
Bank Statement Slightly
Better than Expected, Re
serves Gaining $5,000,000.
N *. W *° r *[• PtS• M—Todsy'l hank
n*»nt ATCpnilml tha mnat ens. 1.1.. . *
•long nstural lines of relief wn/stmi; p5
demonstrated by the reduction of 317 ounts
In the loan account while, owing to the in!
elusion In the statement of a greater ,h.,.
of the special government deposit* than h«J
been looked for, cash holdings lnor M i,i
31,200,000. In consequence the surplus
was raised by 35.000,000 and ltn w»55
deficit reduced to tl,400,000. The Itock’mh'
ket exhibited Irreiulxrlty, but In the S,’i
an advancing tendency Op to the public.,
tlon of thp bank flgures. In the la.t half
hour, howerer. the customary profit tekln.
on good newt began to nuke Itself fel; »ej
prices sank off nil through the list. Th.
declines were moderate and the nelllne not
Important. It merely testified to the
that the market Is completely under proles,
slonnl influences and aa aucb It pretty tot
to more by contrasts. '
Now York, Dec. 15,-The atoek market
opened with s majority of Issues ahowlu
advances, Brooklyn Itapld Transit was n*
%, Atchison and Amalgamated %, t'idoa
Pacific, Beading, Colorado Fuel v,.
Panl and Steel common %. Great Northers
ore certificates advanced 1%. 1
NEW YORK BANK STATEMENT.
The weekly atatement of the New York
Bunk^iAasodotion show* the folluwlnj
Heservei, Increase, 85,008,126.
24300? u ®Ued States deposits, Increase, 13,.
Doan*, decrease. 817.002,500.
Specie, —
Murals.
i. uecrease, /1/,WZ,DW,
opcrie, decrease, 314.900:
M-gala, Increase, il.2S8.900.
Deposits, decrease, 815,116,100.
Circulation, decrease, 8189,800.
THE LONDON STOCK MARKET.
8TOCK8
Amalgamated CopperN
Anaconda
Atchison
Baltimore and Ohio
Canadian pacific
Chesapeake and Ohio
Dourer and Rio Grande
Erie
do, preferred
Great Weatero
Illinois Central
Kansas and Texai
do, preferred
Louisville and Nashville
Mexican Central
New York Central
Norfolk and Western
Northern Padfle
Ontario and Weatero
Pennsylvania
Philadelphia and Reading
Rock Island
Southern Pacific
Southern Railway
Uo, preferred
8t. Paul "
Union Pacific
United 8tates Steel
do, preferred
Wabnah
do,
preferred
115ft ....
SM »
luM; 103*1
118ft)
200ft 1196*
156ft!
43H[
44’, US
Sam!
148*1 ilS
29ft
133ft 133
91ft
211*4
47ft
138'* 1171
148ft 14$j
31 ft |
95ft !«*,
34ft
94ft I
1&7 197ti
186ft] 184
r 49‘,4
105ft 104ft
\m
SLEEPER 18 DAMAGED
ON BIRMINGHAM TRAIN.
Special to The Georgian.
Macon, Oa., Dec. 15.—Two small
wrecks occurred In the yards of the
Central of Georgia railway yesterday.
Passenger train No. I, from Savan
nah, was aldeswlped by a switch en
gine, which damaged the Birmingham
sleeper on that train, and a little later
a freight engine crashed Into an empty
caboose.
Nobody waa Injured In either smash-
up.
TOO BU8Y TO ATTEND
BLUE AND GRAY REUNION.
Washington, Dec. 15.—They're going
to have a big celebration of the Blue
and Gray at Fort Flaher, N. C„ on
January 15, and the people want Pres.
Ident Roosevelt to attend.
The president said he would be very
glad to go If he could, but there would
be so much public business to attend
to at that time that the Journey was
out of the queetlon.
SOUTHERN EXCHANGE
Oldeat Established Office South.
COTTOII STOCKS BONDS—SflKIH
Ground Floor Gould Building. Dally
market letter and market manual
mailed on application.
C. E. CURRIER, Praaldent. A. E. THORNTON, Vloe-Preildent.
H. T. INMAN, Vlce-Preeldsnt. GEO. R. DONOVAN, Cashier.
JAME8 8. FLOYD, Ate’t Cathler.
Capital $500,000.00
Surplus and Undivided Profits $500,000.00
We Solicit Your Patronage.
V
J)
HIBBARD BROS & CO.
COTTON
I; MERCHANTS
Atlanta Offices, 219-121 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.
Business solicited for the above exchange*.
Direct wire service. Correspondence Invited.
Phones 455, Long Distance 39. A.S. Hustace. Mur.