Newspaper Page Text
— 1
THE ATLANTA GEORGIAN,
TUKSIMV, DECEMBER II, 19C«.
COTTON TENDED
TO LOWER LEVEL
Sentiment Is Still Bearish
on the Continued Heavy
Movement.
BUSINESS VERY DULL
Ginners’ Report, Due Thurs
day, Was an Influence
for Lower Prices.
New York, Dec. 18.—The cotton market,
although openlnf about aa expected on cn
biei turned weaker on selling of, March,
■uunostd to be for the account of bearish
« lr ,* houses. Support was mainly from
*- n> isfnefls
room shorts. Business was not actlre.
There are no new developments to ch
lole In the cotton market. Sentiment
i chron*
Hie ih —— nt con*
tloues bearish and the tendency of prices
is toward a lower level. The heavy move
ment Is a depressing factor In that It
Unless signs of a falling off In re*
relDts appear In the near future, the trears
- i decided advantage. It Is well known
“ in la'
they never allow an Influence adverso to
prices to pas* without due notice.
The bull* have no argument, other than
an enormous demand for manufactured
holders of cotton 'to accept present prices
for the crop. A decreasing movement would
work wonders In shaping the course of
prices In the Immediate future.
Liverpool Tuesday morning opened 2#3
points higher for futures, nut later lost
practically all the improvement, closing
months In Liverpool today:
Open. nigh. Low.
December .......a 6.14
January-February
Mnrrh-Aprll
May-June .,
In the spot department, middling was
reduced 5 points to 6.1M. Sales 8,000 bales.
,.5.87
...588
...6.44
6.87
fi.»
6.44
during the morning session, the ginners’
report on Thursday, followed by the Christ
mas holidays, bslng against prices.
_ i prii
privets .wire
_ tot afternoon:
•There are rumors of a Price pool bs-
i trading on the theory that the mar
ket Is overloaded on thn long side, which
Is n decided fallacy, and don’t think they
will go over the ginners' report on Thurs
day with the full Hot out, which will ne
cessitate some short covering ltcfnrc then."
The following Item in Tne Ne*v York
Commercial of Monday Is misleading In
that It does not state the facts In the case,
though unintentional The two points
named are slightly behind last year, the
anta last year. The dom-
uccBinocr is, nnirs or cor-
compared with 818,942 bales re
ceived during the same time lest year.**
The following table gives correct figures
of receipts from September to December
_ 1908. 1906. Dec.
Augusta 958.888 282,713 24.(00
Atlanta 100,058 109,855 9,699
A decrease of 88,629 bales Is shown, In-
NEWS AND GOSSIP
of the Fleecy Staple.
Private Wire to Glbert ft Clay.
New York, Dec. 18.—Liverpool nt 12:30 2©
3 higher. Was expected 3 higher. On this
basis, we should open uncuungeu to 2
lower.
The Journal of Commerce: "The priori
pal announcement of the day wni an ad
vance In bleached goods, followed Imme
diately by placing the goods again at value.
The discussion of price levels was very
general during the day Id nil quarters of
wHtSSSfiS n,, . U w,l “ P° !nte « uut that
j CHterday s levels do uot represent ns sharp
nn advance from the lowest point ns the
advance In cotton, labor and other ele-
went* fu the cost of production."
Tiu» New York Commercial: The cen
sus report on the amount of cotton ginned
to December 14 Is due December 20. Last
venr the report was 9.282.000, and the mar
ket took It as bearish, breaking 25 pc
on Its rending.
Japan has taken 67,477 bales so far this
season, as compared with 21,701 bales dur
ing the same time lust year.
Galveston's receipts for the season will
?2«“'mHSSBLT&£^F’ Lp “ to<1 “ T
Snvnuuah got n very laid start this reason,
but Its total receipts soon will have caught
up to lust year’s figures. •
__J* XL Hoadley thinks better of cotton as a
A prominent Galveston spot man writes'
. * am more positive than ever that Texni
has made considerably more than 4,000.000
■* *°l‘l at n good
price, and when It comes to planting for the
new crop this state Is going to put In an
acreage that will nstoidsh the world. I
wooliT not advise auy Texas man to curtail,
but I would advise cotton raisers who have
to^use fertlllaera to sell out and come to
A Jackson. Mis*., special saya: "The
cotton market here, ns no doubt everywhere
else, has been badly depressed the past day
or two, or since the government report of
more than 12,000,000 bales, and very little
has been ofTered on the local market. lie-
cclpts iu the Jackson territory have been
no greater than last year, it Is said, hut
that la, perhaps, due to the fact that the
have be- '
farmers have been holding on Just us long
as possible, determined not to sell till they
had to do so. Fortunately for the state,
there are thousands of fnrmers who are
able to carry one or more cotton crops, if
they desire to do so, nud Instances have
been known where they held for that
length of time. Because of the burning of
tbo compress last season, Statistics as to
the number of bales marketed here last
year and this are hard to get at. but cot
ta - — * * “ “ ■
declare the offerings this year
have been about the same ns fast.
The stock of American cottou In Liverpool
Increased 44.00) hale* last week.
■ Orleans. Dec. 18.—MvertiOol nt 2% up
shade disappointing. Was due 4f*.i
srket appear* to have but few friends.
Aggressive bears arc having llttb; difficulty
In offering prices do—
New 1 or it wires
Bank of Germany
rate 7 per cent; reared Bank of England
will follow.”
with quotations unriiangei
ANOTHER REPORT
SOON TO COME
Now York, Dee. 18.—The Sun says: Large
receipts and liquidation on the eve of the
ginners' report, the holidays and the Jan
uary notices counted for the moment rather
more than the big consumptive denmiid,
the glowing reports In regard to the dry
1s trade und everything else that n
holds to bo of fundauicntitl Importance
In gauging the cottou situation nt home
and abroad. Wall street sold, and of late
fiiaa In the main inclined apparently to the
short side, while tightness of money cer-
The New York market cloMd steady, 70
14 points net lower.
CompanftIVe receipt! it all D. 8. ports:
Net receipts today 68.817
Same day last year., 67,668
Increase 9,761
Total receipts for three days...
Same days last year
Increase
Total receipts sine* Sept 1..
1KI.427
13.',239
7 60,188
6,389.867
4,746.696
60.262
Fame time last year
locreage
Estimated tomorrow:
New Orleans 18,000 to 16.000 7.999
Galveston 19,000 to 22,000 10,168
Houston 18,000 to 22,000 10.63«
Movement at Atlanta:
Receipts today....
talnly militates more or loss against bull
speculation Iu tlmt quarter. New Orleans,
ou the other hand, bought to a certain ex
tent and there wn» more or less local cover
ing, while those In the room who adhere to
the bull side bought on a moderate scale
after the Liverpool market closed. On
Thursday comes one of thoso statistical die*
what the figures purport to give, namely,
- -*— -•—,ed for a ^1
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
Mr. U?,!/'• twentj.tr,
rnra' experience of ti
lting merketx In Atlanta
and lb. South ha, mad,
Mai a recojnlxed an-
tkorltj In bl, xpecleltj.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
NAME OF STOC&.
Amalgamated Coppei. • •
Atlantic Coast Un*.
America? Sugar U«. * . .
Auacond.v -•••••* • •
American I>comotlfs. . .
do. pitlirnd. • • . • •
Am. Hmtlttag Itef. .....
do. prefer rad
Atcblaou. . .
do. preferred. • • - • •
American Cot*on OU.
Aui. Car Foundry.
Baltimore k Ohio.
Brooklyn ltapld T.
Canadian Pacific. .
Chicago k North* a.
Chesapeake * Ohio.
Colorado Fntl * l
Central Leather. . . .
do. preferred.
the quantity of cotton ginned for u given
period up to n certain date. The returns
are notoriously Incomplete and, were they
complete, the difficulty of determining Just
. . K *-- - r *-- ** total
what proportion of the crop the total
amount ginned represents naturally de
tracts seriously from their value.
piously
New Orleans, Dee. 18.—The Tlmcs-Dcmo*
crat says: Firm spot markets have again
taken the starch out of the price j»essluit*t,
and bearish activity has sliuujfcrcd to In
consequential proportions. Actual cotton
shorts with foreign commitments to fill
have raised their offers to 140 points on
New Orleuus, January options for Decern
her delivery of Liverpool fully good uild
dllng. but the New Fn,gland mills need
cotton to such an extent that they tire *
fcrlng the samo price for American good
middling, a lower grade, for Decemher-Jaii-
Shipments today 1 8001 wary delivery. Under the circumstances the
fame day last year 600 big movement nuiy Impel men nt their peril
• * ' _,.|I mi.nnf lilt* ........ ♦
InrrexM
Stock on bud today
Same day ta,t year
Inoreaa.
8POT COTTON MARKET.
Liverpool fair and aailar; middling up
land*. B ed; ulu S.000.
Atlanta, it.ndy: middling Ido.
New dork, atandy; middling 10.«c.
New Orlean,. eeej; middling l(H4e.
Savnunnb. quiet; middling
Au.uato, atendy; middling 10 1 '
St. Lonli, quiet; middling II
GIBERT & CLAY'S
DAILY COTTON LETTER
New Orlean,. Dae. IS.—Option. In Llrer
pool were again Influenced by the com
paratlve Indifference manifested In tho spot
•filiation. sales amounting to only 8.000
, , » HIMUIIIIMU§ III IIIIIJ
fales nt 6 points lower quotations. Final
* r . th,, n the previous day's _____
market seems to have Imbibed some of the
sentiment which the near approach
or th« festive season compels. Certainly
1*1?" " c *rcely an Interest of any jh*i
lhat the market holds, and the
quenr covering and re-entry of e few scalp-
alone la responsible for the slight price
that (WV* Speculation ell through-
this season has been lest of a factor
than for
th ', it .U* * r ora tne auing<
tn.it all financial centers have experlei
r ,;‘: the world became assured of
JjMinMfui yields from this season's crops.
........ jiviua irviu iuih sen sun ■ vroju.
J)nly today the Bank of Germany, ostensl-
my to protect Its nraiUhlo resources, has
Miacfj /ts fate of interest to 7 per cent,
”‘i' l * ,h . oul < J the Bank of England follow,
which is well within the pale of posslhll-
UL***- ’he net works of flnancisl stress would
even tighter drawn, and militate
ri:» .more directly against support neces-
t0 create Improvements In values.
TODAY’S PORT RECEIPTS.
IfiTin ,o! ! owln * table .bow, ,#calpU at lb,
mt.rtor town, todav. nwmnnd aritk the
E”'* 'l«y l«at -uari
Q“ r 'r*t™
n.:;?;!,! 8 '?"
IhlSfljll * * *
*’l.u.i;Wphia’.!
» “. I rnni-tscou . _ .
1908
ms
J93S3
29178
&
m
765
6384 .
787
<3
14061
21828
7679
423
954
6235
SI!
[er the clrcumstnuces the
p.
_ . ... - -w
costly prevnlums. Should Thursday's t
ners' report show more thnn 11,000,000 Imlus
ginned to December 1. some effort will prob-
; j f j00 1° oell cotton they^ennnot^buy - except
.15,680
the wise man luis alrcnd; _ ,
periencc that ginners' flgures nud big crop
estimates do not fill pressing commitments.
Meanwhile n holiday spirit appears to have
settled on the rings.—Glbert k Clay.
DRY GOODS TRADE
CONTINUES STRONG
New York Commercial. *
In tho cotton goods trade business con
tlnues strong on practically all lines of do
mestlrs and on certain of the medium
weight sheetlugs In brown and blenched
■tntes, generous order* ore being put
through for February nnd March delivery
for home consumption, the large buyers rep
resenting Western bag manufacturers nnd
the other cuttlng-up Interests of the middle
states and Southwest being the most active
buyers. Forward buying on print cloths,
while reported steady, shows none of the
snap that was exhibited In the early days
of the month. This I* because of the-nd-
4-cent valuation on regulars and
the holding of all wide goods on a basis of
57k cents for wide standards. In the deliv
ery of heavy cottons, especially drills,
aucki * “ '
nnd tlcklugs. the msnufacturing In-
more prompt shipments of goods und.. ..
der thnn was the ease during Octolter nud
November. In some Instances In the New
Euglaud mills nn Increase In the number
of operatives has been made possible nnd
the looms. Prices at the close of tha week
on ynrus remain firm, with a tendency to
stiffen ou the counts above 20s. Mnnjr yarn
•pinners are tnrnlug down forward con
tracts where the valuations they put on
yarns are not urgeed to by buyers nnd
where even the slightest concession Is re
quested. They prefer to sell along at their
own prices and let future business take care
of Itself.
The cotton goods market elosetl Saturday
with the price levels on staples and high
count cloths standing nt nn ndvauee of
from 1 to 2 per cent over a week ago.
Coarse yarn cloth*, such ns sheetings, drills,
denims, ducks ami Jeans, are moving freel;
on forward order ou a basis of 11.7&
cent cotton.
INTERIOR RECEIPTS.
The following table shows receipt* at the
46110 |
3335
4245
1223
Chicago k Orest \\. .
Chicago. M. k Ht. P. .
Delaware * Hudson. .
Distiller's flscurlties. .
“ s.
do. preferred. . • :
General Electric. • . •
Illinois Central
Am. Ice Securities. . .
Louisville k Nashville.
Mexican Central
Mlitourl Pacific. . • .
unfflm
135* 13RV
133* 133*
2Jrf 2SS»,
.5$
M
S3
V
-tu
ir.o*
xm
31VI
43
m
NAME OP STOCK.
N. l„ unt. A Western
National Lend
Northern Pacific.
New York Central
Norfolk * Western
Pennsylvsntn
People's Gas
Pressed Mfeel Car
do. preferred
Pacific Mall.
Beading
Republic Hteel *
Hock island
do. preferred
lulled citato Uubbst
do. preferred
Southern Pacific
southern Hallway. ......
do. preferred.
Illoee-ttfaeffleld
Yean. Coni A Iron. ......
Texas ft Pacific
Union Pacific
tolled Htatea Hteel
do. preferred. .......
Ye.-Car. Chemical
do. preferred. .
Western Union. • • *
Wabash.
do. preferred.
Sit
ml
*
Sit
TIPS FLASHED
From Wall Street
Dow-Jones* summary: Americans (n Lon-
Ion firm, with the exception of Ht. I'au
md generally H to H below parity.
Benin bank rate odvnncetl to 7 per cent.
Ht. Paul will Issue 299,480,831 uew stock,
two-thirds of preferred and one-third com
mon, payable In six Installments up to
March 1, 1909.
Home demand for stocks In tho loan
erovfd, particularly 8t. Paul nnd New York
Central.
Cur shortage In the Sbuth growing worse.
Chicago reports all Industries working at
full capurlty and months behind on orders.
President Roosevelt Issues highly favora
ble message on Pauuuia canal.
Canadian Pacific earnings for the week
ended December 14 show decrease of 156,000.
Twelve Industrials declined .96 per cent.
Twenty active railroads declined 1.42 per
cent
New York Financial Bureau: Give cloae
attention to support limits, using small
tght.
Heading's
tier* from
lallst.
144 yesterday, said a spe-
Atcnison is held at 103 and then par.
Brooklyn ltapld Transit is supported nea
79 now. with trend up.
Brie Is supported near 44 and Rock Island
80 nnd then 28. •
Louisville nml Nashville will meet good
buying near 145.
New York Central support Is now around
128 and 13).
Southern Pacific
Union Pacific will meet buying orders
Just hbovo the 188 level.
Hteel Is held at 47. then 46. If the anpport
limit Is overwhelmed or withdrawn tem
porarily prices will sag for a time.
THE WEATHER.
LOCAL 'FORECA8T.
For Atlanta and Vicinity—Fair tonight
and Wednesday; colder tonight.
WEATHER CONDITIONS.
The nrea ot low pressure that was cen
tered over east Tennessee Jins moved south
east, decreasing In energy, nnd Is now mov
ing off the coast of South Carolina. The
northwestern area of high pressure has
moved south and Is now centered over
Kansas nnd eastern Nebraska. Its advance
has caused a gi ‘
at most atntions
In the extreuio ,
ence Is not yet felt. At Atlanta a fall of 24
degrees occurred.
Cloudy weather prevails In the gulf nnd
Atlnntic coast states, where rains have
iH'on general in tho last 24 hours. Know Is
fulling in thv hike roglou.
The ndvaitee of the high Iwirometric area
from the northwest will cause fair weather
In this section tonight and Wednesday;
colder tonight.
eastern ,>enrnsKn. ns nuvnoce
a general fall lit temperature
tlons enst of the lloekles except
euio soothes at, where Its luflu-
Minimum «nd Maximum Temperaturta
and Rainfall.
Observations taken at 8 a. aa., 75th meri
dian time.
Abilene. . , .
Amarillo
Asheville. . . ,
Atlanta. . . . ,
Augusta
Birmingham. , ,
Bismarck. . . .
Boston
Buffalo
i'harleston. , ,
Charlotte. . . .
Chicago
Cincinnati. . . ,
Corpus Christ!. ,
WERE WEAK EARLY
Adversely Affected by Liq
uidation of Speculative
Holdings of St. Paul.
DECLINED SIX. POINTS
Other Leaders Fell From 1
to 3 Points—Strength
Shown in Few Stocks.
NeW. York, Dec. 18.—The liquidation move
ment which set In in yesterday's market
continued with little show of resistance.
Two developments in the day’s situation
Intensified the selling pressure. One was
tho advance In the German hank rate to
7 per cent, the highest that the Insti
tution lias ever charged, except In times
of panic. The other was a violent break
in Ht. Paul shares, following the rain-
of the Berlin discount. The foreign
security marketa were quite upset. British
consols iu particular fell % of a point.
American shares in the early London deal-
start of the focal trading, stocks fiegan to :
be pressed for sale, nnd, save for a mo- 1
mentary diversion mused'by the rapid up-
— ' ** ■“ * Ohio charcs^ths. i
bidding of Baltimore nnd
market was steadily weak up _
The persistent weakening of tne high price
. *— —- “
Issues, notably the Dill stocks, was to
most disquieting feature of the morning.
The entire market was adversely li
fluenced by the liquidation of speculative
holdings of St. Paul and uncertainty ns to
declared will be made up.
Pacific 374 and many other stocks fell
points. The spirit of the brokers is j
manifested by the hanging of six Iem-.i!
oum on tho Ht. Paul post ana offers to giro-
one of them to buyers was made when* .
ltapld Transit waa one of the few stock
that held strong, aa were Baltimore and
Ohio and Amalgamated.
MONEY AND EXCHANGE.
opened at 15: loaned at 1S{ closed at 22:
tfme loans firm; 60 and 90 days and 6
months. 6 per cent.
Sterling exchange. $4.79tt®4-84tt, with ac
tual business in bankers* bills at $4.83300
4.8340 for demaud and $4.8350^4.8366 for (ft*
c:mnmerca!l blls. 607 for 80 and 90 days. I
Bar sliver. 69%c. •
Mexican dollars, 53%c.
ltuliroad bends firm.
MINING 8TOCK3.
Boston. Mass., Dec. 18.—Quincy 1. „
cnmselt 27; Trinity l2^;^Nortb .Butte Jit);
Copper ltnnge 80%; Butte and Moutana
LONDON 8TOCK MARKET.
Total atock sales today 1,838.700 shares.
NEW YORK.
tores In New
fiecTT
Jan. . .
Feb* . ,
March. .
April. .
May.. .
Juno.. .
July.. .
Aug.
Closed stendyT
&
fi.llj 9.11
».» 9.B
9.34 9.34
9.46 9.49
9.8S 9.«
I it
9TTW
9.22-23
9.33 35
9.48-49
9.67-68
9.7173
9.77-78
9.63-65
T2TS
9.38-37
9.47-491
9.69-60
9.67-69
NOTES ON GRAIN.
Pointers on Provisions.
Private Wire to Glbert ft Clay.
Chicago, H«\ 18.—Prorlalona higher on
tho lilgb.r hogn. Tho hnj-lng nut vorr
■plrltorT The (Piling look# like tho pnok-
era I'nokpra trying to k«p the market
down ,o ii, to effect hog,.
Chicago HecoriMIernlil: Each day of light
receipt! of hoga at weatern pocking center,
Inereaaea the nerrou,neu of the prorlnlon
trad,. More bog, ore wanted. The expert,
am now kceplug a clow watch on the qual
ity of tha arrlrala her#. They argue that
If hoga are helog held berk for the purpoee
of feeding them cheap earn, aa would lie
the natural Infarenco, It would alao follow
LIVERPOOL.
The following gives the opening range
and close, computed with yesterday.
Futures opened steady.
Opening PrsTlons
Range. 2 o. m. Close. Close.
5.87 6.37*4 5.JS,. 6.18
Dee.-Jan. ....5.37*4-6.36*4 6 » 5.!
Jan.-Feh 5.17 -6.36*4 5.27 6.1
Fdi.-Mar. ...5.36 -6.37*4 5.87>4 6.38
Mar.-April ...6.38 -6.38*4 5.89 6.37
April May
May-June
June-July
Juiy-Atig.
‘ug.-Hept.
Closed sternly.
....1.44 -5.4214 B.tstk B.41M
.,..5.48 6.44 5.44 '
.,.,5.46 5.46
Aug.-Wept. .5,40Vt B.dOVt S.Mlj
NEW ORLEANS.
it^t:
Jan. .
Feb, .
March.
April.
May..
June,. . .
July.. . .
t’losed steady.
I
ii
9.931 f.'4i|
9.94 9.97 9.98-97; 10.10
1.99110.01110.01 -W
iftoi ibiiiRo! ion
10.15-17
10.26|10.26|l0.24-26
10.10-111
10.1S-14
10.19-30
10.23-241
10.28-29
10.27-28
LITTLE DOING
IN WHEAT MARKET
Lower Cables Were Offset
by Early News of a
Bullish Average.
.r. ,h hL. ..rt.ir. h.r. wonld he well ,he '»*'*«*»• There wae good buying
' h * , 1 15' •LT,". .7l.r 1“ •» «"• Pit*- The action of the railway,
flnlaheil. Tbla Is nqt the case. Day after |...
anlabml. Jhl* 1* oqt ™- “J-V” I | n aide-tracking all dead freight we«
»lay the quality of the arrival! Is reported the bear* nnd In favor of the hulls,
nraditreet’e report, weakly clenmnce. of uf HOkic lo_wh«t,.HW4c
wheat and flour as wheat from the United
States and Canada it [2!!fH"^ U shels
Wheat
and Flour. Corn.
This week 4,163,000 1.261.000
least week 4.710,000 Z.10n.000
Cor. week last year 4,434.090 3,408,000
Since July 1 87.928.0W 20,842,000
Hama period last year....67,200,000 29,782,000
Argentine visible, with comparisons. Is:
This Last Last
\Vew»V U'aiglr \*MP
Wheat, bushels.. 896.090' 736,000 LIM.OJO
Corn, bushels... 2.275,000 2,84,000 1,268,000
The small top growth of winter wheat.
continue favorable,” snys the Modern Mil
ler.
slat) i
nuient has bought (
govern!
beat In western Siberia ft>r use of the
famine sufferers in European Russia.
Argentine shipments:
Wheat Corn
Bushels. Bushels.
This week 712.0U0 1.59MOO
Last week. 1X6,OW 2,211,000
'or. week hat year... 1,136,030 671,000
Inca January 1 89.944.000 92.894.000
Hume period last yr... 109.032.00) 83^6,000
been told by ___
foreign demand for wheat,” sabl W. H.
Warren. "Meanwhile there ban been clear
ed to dale from th*-
ed to dale from th** present crop a total
of about 93.000 bushels wheat nml fi>»uK
ALONZO RICHARDSON & CO.,
PUBLIC ACCOUNTANTS
AND AUDITORS
Empire Building. Bell Phone. Main 858.
ATLANTA. GEORGIA.
Iieeu no report <
visions.
Cash sales here were 36,000 bushels of
wheat, 50,009 bushels corn and 125,000 bushels
oats. At the seaboard thirteen loads wheat
and three loads com.
Primary receipts of whrst 700.000 bushels
and 765,0m bushels corn, compared with 927.-
000 bushels and 965,000 bushels respectively
a yesr ago.
Clearances 166,000 wheat, 122,000 bushels of
com anil 250,000 bushels oafs.
CHICAGO GRAIN MARKET
for today
7J*i
Open.
WHEAT—
Dec
May 78Vi
Dec 41% 42*4 41% 42
May 48% 43% 43% 43%
July 44 44% 44 44%
OATH-
I>ec 34%
'W
a
£
May... 16.37%
LAHD-
Dec... 8.72%
Jan.... 8.76
16.1
8:8
1.72%
5-2*
1,90
fi.86
8.70
8.72*4
••84%
NEW YORK COFFEE MARKET.
New York, Dec. 18.—The markM opened
steady nt unchanged prices to a decline of
5 points In response to rather disappoint
Ing cables. I lav re started out all right
* *■"* di
at a partial advance of % franc, hut de
clined lieforo th** hour of the local o|ienlng,
ana had Im-cii slgnei] at the conference
tietween the states of Rio, Minas and Kuo
Ihiulo and the Federal government. The
mnrket was nliout net unchanged Iii the
early afternoon, with trading quiet and
“ * * * ‘.-Glbert ftVf*
offerings very light.—Glbert ft Clay.
Mnnh
Anrll
June
July
August ...
September
October M
Noveint»er
Dectmlwr
Opening
Range.
5.65-6.66
5.66^.»
5.80
8.86-6.96
.,.,.8.00
6.00*10
8.10-8.20
6.20*30
6.39
8.904.40
................6.40
0.60*60
6.90*5. %6
6.09-6.95
fe.DMi.u6
6.06*10
6.15*20
6.80*9
6.26*80
COTTON SEED OIL.
Following were the opening and dosing
prices on cotton seed oil today:
Opculnx. Closing.
December .•••••.. 4l%U4l% 4l r "**'
January. . . 38%$39% 39
February. ••••••. J7%4j39
March 37%ftl7%
h\» S
bales, 100 Decern»a*r at 41.
THE METAL MARKET.
New York, Dec. 18.—At the metal ex
change today, further strength was shown
Iu Copper, which advanced %c all around.
Tin was weak and off %c In spot and
nearby deliveries.
Lead ami spelter unchanged.
THE LIVERPOOL GRAIN MARKET.
Jan.
IM IS*
WHEAT-
57% 8.K% 8.62%
8.70
a/... 8.1
CASH V
So. 2 enl
nominal: No. 2 hard winter 74d75%;
do 7144X4%.
flelow is given receipts today aai estb
mnted receipts for tomorrow:
atilt to tm marketed. This t* understooil t«
t»e In .idilltbin to the ordinary farm n>sen-es
of 23 per emt enrriod over f.i another crop.
It would thus leave alfout C7 |»cr cent i*f
tin* oats yet In farmers’ hands. This Is In,
marked contrast to the cUims made tor the! Wheat,
northern srrtlcn of that state, and soutbem 1 Cora. .
Minnesota as mode ia Thormlny's literature 1 Oats. ,
on the anbjoct. Hogs.
CHICAGO CAR LOTS.
Today. Tomor.
Wheat—Open***L fiu^hnnged; i
*4 lower: dosed % lower.
nncbuuged and elosetl unchanged.
SOUTHERN EXCHANGE
Oldwt Eat.b!iatw4 Offlc South.
cottoi—tracts—mot—ctun
OroMr.d Floor O^uld Building. Daily
market letter And. mnrket man uni
mailed on application.
I lodge
El faso.
Fort r ‘
Galveston
Havre
Huron. ......
Jiu-ksonrllhv. ... •
Ksnans City, , .
Knoxville.
I.oh Angeles.
31 neon. . . . ,
Mobile. , *. ,
Montomery. . ,
Nashville. . *.
Sow //rtotas.
New York.
Norfolk. . . .
North I'lntte. ,
Omaha
I'll lout I no. . ,
Han Francisco. ,
Savannah. . . ,
Spokane. . . , .
Taylor. .
Thomasvlllo. ,
Vicksburg. . ..
Washington. .
Wilmington. ....
T Indicates trace o rnlu
.TJ
WEATHER FORECAST.
Louisiana nnd 31lsslislppl—Fair Tuesday
and Wednesday: fresh northerly winds.
tTnmt Tata. P.l. Tikm.I.. ami ll’ail
East Texa»-Falr Tuonlay and Wednes
day; wnriuer Wednestlay; fresh northerly
winds.
West Texss-Fslr Tuesday and Wednst-
/rknnsai
-Fair Tuesday and Wedneailay;
Georgia—Fair am ... „ _ .
morrow fair and colder on the coaet; fresh
northwest winds.
Western Florida nnd Alabama—Fair and
colder Tueadoy; Wednesday fair; f^sh
north winds.
Tennessee—Fair nnd continued cold to
day and toQiorrotr.
THE SUGAR MARKET.
New York, Doc. 18.—Refined and raw
sugar markets steady and unchanged.' Lon
don licet* steady.
STOCKS—
J ukiIgamated Copper
tiiicoudn
AteUtsou
auuwuii
Baltimore nnd Ohio
Canadian Pacific
Cheanpeake nnd. Ohio
Denver nnd Rio Grande ..
Brie
Great Western
Illinois Central
Kausns and Texas
do, preferred
Louisville and Nashville
Mexican Central
New York Central
Norfolk and Western ...
Ontario and Western .....
I’littndpliihln and Reading.
Rock Island
Southern Pacific
Southern Hallway
Ht. PntiT
Union Pacific
United States Hteel
do, preferred
Wabash
do, preferred
STOCKS REVIEWED
BY NEW YORK SUN
New York, Dec. 18—Ths Sun saya: “Di
vers* and Irrsgultr tendencies prevailed la
the trading In atocks yesterday, aad pro
duced a heavy and unsettled, U not exactly
a weak, security market. The buying and
professional sort than It has been recently,
and th* dlmlnshed public Interest In the
market was further shown In a considera
ble falling off In the volume of tra usactlons.
selling of stocks appeared to d* occa- .
•srty part of stock exchange
piling t
sloned In the _
session by a further violent rise
price of Ht. Paul, which ltd to rumors
Vw ni. ibui, wuku icu to rumors
of a corner or of competitive buying in
the stock. It may be doubted If there was
any serious belief in the financial district
that a corner or similar contingency af-
feeling Ht. Paul or any other active secur
ity was Impending. It has long been
known that the floating supply of 8t. Paul
stock ia safely lodged In s small number of
from a speculative point of view __
recent advance In the stock afforded In
the announcement made after tba closing of
business house that the Ht.
the Ht. Paul directors
of $66,327,000 preferred
'onitnmi shares of the
at once. Rights to sulmcrlbe to this large
Issue of stock on these terms will, of
coarse, be very valuable.”—Glbert ft Clay.
ATLANTA NATIONAL BANK
ATLANTA, GA
C. E. CURRIER, President. A. E. THORNTON, Vlca-Pc.ldent.
H. T. INMAN, Vlo.-Pr.aldan*. GEO. R. DONOVAN, Ca.hler.
JAMES 8. FLOYD, AtiT Cxxhler.
Capital $500,000.00
Surplus and Undivided Profits $500,000.00
We Solicit Your Patronage.
Atlanta Officea, 21t-UI Century Building.
Members Nate York Cotton Exchange, New Or-
leans Cotton Exchange, Liverpool Cotton Asso
ciation, Chicago Board of Trade. New York Cof
lee Exchange, New York Produce Exchange.
Buitneu solicited for the above exchanges.
Direct wire servile. Correspondence invited.
Phones 454, Long Distance 34. A.S. "