The Atlanta Georgian. (Atlanta, GA.) 1906-1907, December 28, 1906, Image 11

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-IIE ATLANTA GEORGIAN, FRIDAY, DECEMBER 28, IMS. STRONG FRIDAY £„der Leadership .of Janu ary Prices Scored a Sharp Advance Early. FRIDAY NOTICE DAY Repored Some 80,000 Were Issued, But Were Appar ently Cared For. NEWS AND GOSSIP of the Fleecy Staple. 6-«K B.32V4 5.41 6.32 6.44 6.26 Vpk York. Dec. - fa-about 80.000 bale, at the OL K . rot ton market, anil hart a depreartpg *SL, on January, which deellnrrt (joint,. late poslttoua, however, were Brmer. i itrong demand at once developed for i.nimrv nevertheless, and It advanced 1! K 5 Thl. led to the belief that the Biro, were tielnf (topped and gave con- {Since to the whole market. The I.lrerpoot market at the clow Frl- Inrwaa Irregular for option,, with price. S'9 point, higher, n, compared with the Srifeus dose. Following la tho range In the acllre tin in I.lrerpoot todur: Peromber 5-27^ Jinan n•beh Sbrch-Aprlt nir-Juue . Manera' tnklnga of apot L itton amounted to only MOO bale,, at unchanged price,; *At dll "he"opening In Near York, price, •ere allghtly lower, due mainly to the Set that today wn, notire day on January, "he trade helug uncertain as to the nnm- Kr I.f notice, to lie loaned, end whnt ilia- Billon would be made of them. The ac- Li of the Jnnnary. however, Immediately ittir the opening, led the trade to believe lilt nil notice, would lie well takeu care it that month advancing sharply some 12 ulnta during the early trading, the other SSu sympathising. It wn, reported somo >. nntleea were Issued. The moremeiit still continue, of enormous tranortlous. today’, rereipt, nggregatlng til bale,. ngaln,t tf.a» lnat year, 30,0,1 the rear licfore Olid 36,032 In 1968. The intimated receipts for tomorrow, and GnlTfiton anil Houston, are nlso heavy, n« routpared with lart year, the former «• lectlm: 10.000 to 13.000 hale*. "gainst 6,398 letnnl laat yenr. while 11.500 to lt.OM hale, ire expected at tha latter, ngnlust 10,664 9nv York Commercial. _A"“'“ber.uf flrm, will give up their art- vote wire, the drst of tho year. • real effort la uinde to corner Jan- nary there will lie more than 300,000 bale, ’S.ISV’S at "*** month," said one well-posted broker. A number of local broken are nald to Big export railroad, are anld to be making every effort to get cotton through to the Phil 1 ?' ii aui1 relieve the congeatlou along rjelr line. In the Interior. If true, thin would mean n roiitlnuntlon of the south- ^ r„?edTsr,,;i;^y b rA,r^ 915,000; aplnnera' stocks. American, tteptem her 1, aa ;ier I ulted slate, ccnans, 6.5,000; atoeka, September 1, 800,010; llntera, 300,000; anmplea and repack,. 150.000: total anppiy, 13,829,000; to which each tuny add hja own views aa to the amount to be f!?.”? 1 « ft « r December 13, but In nil proba bility there win lie ginned hereafter n min imum of 1,500,000 bales, ao we will probably lS^.OOo’haTea ' he ' V ° rtd ' W * fmr h ‘”‘ When the present method of inspecting and certificating cotton In New York was „ . , eatabllahoil ft wna thought that It would 'Notice, were ,lMU«d/| correct certain nbnaea which threatened the market itaelf. The ayatem did eorrect thn abuses, and while there la no dlni>ualtlo claim thnt It la perfection Itaelf, It mu.i be admitted that n vaat amount of cotton hna been handled uuder thin ayatem with very little friction, and very little com plaint. Few people have ever ntopped to nguro Jnat how much cotton haa ever been certificated nt New York, hut the record, allow- thnt the total up to the beginning of the prcacut aenaou wna 3.401,776 bale,, and these flgurea do not Include recertification,. -In tm* pxieiri UIT1.IUU r ..u market the yenr la rloslng very oetetlv. The pnat week hna aeen almost in entire absence of order,, and tho bun- put thtnugh hnn lieen the amnlleal to Severn I week,. Ked Ben merchant, have tent forward nnmeroui Inquiries, hut the iters which they mnko are go tnurb be- ins- prevailing price. In thla market that cotton coeds broken have tieen unable to inept the leialneaa. The dellverior. want- el are nlso more thau the mill, can Mkr even nt full prlcea. and title Iota keen another aerlou, drawback to an nc- Hr- ilemand. . . -Prices as the year cloaca are remark- iMy stltr. anil notwlthatamllng the fnct tin 'hlua hna lieen practically nbaent faun the market during the post year the (meant of bualneaa being put through with ether eonntrlea hna fully made ■I, for the absence of Chinn order,. Cou- (ervutlve membera of the trade atnto that bail china been na heavy a buyer oa won the ease a year ago, price, would bare l*cn ronaiderably ldgher than .they nrn lew. and the market entirely rlenuetl up el nil gooils. South American trade la fitilet ns the year cloaes, while the do- nfln.l (rent the Wcat India lalonda ahowa little Improvement over that reported for the week previous. “Advlrea recelrrd from Chinn continue to apeuk of purchaaea being made In, that unrket of Amcrlcun cotton goods for ac- aiuit ef India, ns the good, still remain Ih'-sper there, and con bo hail much inure tnleklv 111ii u ts the ease In till, market, aids a few export merchant, look for a teilvn! of Chinn demand late In January « rnrlv In Febraary. They abitv that gasls have been going np country to a hr larxrr extent than la renllsad. unit tkil the stock, held In the China market, «e now much smaller than I, realized 8POT COTTON MARKET. TIM: sales 6,000. Atlanta, steady nt 10l-16e. Jew York, steady; middling lO.ffie. Jew Orleans, firm; middling 10 3-lOc. _TODAY’S PORT RECEIPTS. lw following table ahowa raeetpta at tha ntsrlor towns today, compand with tha *■“ dsv last year: The flgurea by seasons Henson. Bales. 1887- 88 294,2U 1888- 89 228,774 1889- 96. 161,927 1890- 91 144.703 1891- 92 267,687 189*93 114,467 1893- 84 97,861 1894- 95 66,988 1895- 96 66,884 1896- 97 210,072 ffeaaon. Bnlea. 1897- 98 63,676 1898- 99. 128 069 1*9-00 72.170 1900-01 217,862 1*1-02 180.796 1902- 03. 399.068 1903- 04. 202,627 1904- 06 223,765 269,290 VIEWS ON MARKET; OUTLOOK IS MIXED Wnll Street Summary. Tho professional element In bearish on thn holler thnt before the week 1* over call inouey will advnuec to abnormally high rate*. Borne conservative Interests which believe thnt early next yenr the stork mar ket will l>e very much better nro Inclined to go slow ns to new commltinentn for the remaining dnys of the old year. Other In terests believe thnt the decline which haa been In progre -- *— * * over nnd that dent thnt the benr nttneks ou he carried much further. It Is understood that Interests which lmve been extremelr active In Heading during reeent big bull campaigns In that security have told their friends thnt tho stock Is n purchase at about present prices, nnd Is likely to have - —u—-* -■ * mneed ns — ... .. the opin ion of some of tho largest Interests In the market that tho tone for tho next four or five days will be more or loss feverish nnd thnt the price movements will In* charac terized by considerable Irregulnrlty. Ou nil weak «i»ots there Is good reason for bo- liering thnt tho stnudnrd stocks will be treraely well bought. It Is expected thnt the sudden litigation ..gnInst the proposed Issue of $60,000,030 Great Northern railway stock will have a depressing effect u— ** ' assumed, nlso, that .. plays special weakness will aell off proportional. l’Adflc Hallway Company Is a Wisconsin coriMirntlon, nnd therefore does not come under the Jurisdiction of the attorney-gen eral for the state of Mlnuesotn. Speculative Interests at this center have been fearful thnt nil of the s^ock Issues proposed ro omily by several of the largest Northwest ern rail roads would be attacked through courts of the state from whlcl) the cor neous Involved receive their charters, the other hand. It la known thnt the di rectors nnd largest Interests In these cor porations who have recommended the stock issues nre confident tlmt ultimately they will he able to secure legislation or litiga tion thnt may !n» begun at the Instance of state administration or Individuals. Authorities !u the steel trade are predict Edited by Joseph B. Lively MARKETS Mr. Lively's twenty-flvo years’ experience of ed iting markets tn Atlanta and the South haa made him a recognised au thority Id his specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAME OF STOCK. Amalgamated Uoppst. Atlantic Coast Uae. . Americas ttagar K»f. . Anaconda American Locomotive. , do. preferred. . • . Am. doibloag Uef. • . do. preferred. • • . Atchison do. preferred. • • . Amerlcaa Cot'on OIL . Am. Car ICoutulry. . . . Baltimore A Ohio. • . Brooklyn Rapid T. . . Canadian I’sclttc. . • . Chicago A Nocthw'a, . Chesapeake ft Ohio. . Colorado Fuel ft Iron. Central Leather. . • . _ do. preferred. . • . Chicago ft Great W. . Chicago, IL ft 8t P. . Delaware ft Hudson. . Distiller’s Securities. . _ do.* nreferred* ! , . General Electric. . • . Illinois Central. . • • . . Am. Ice Securities. . . Louisville ft NasbvIlM. Mexican Central. . • . Missouri Padfle. • • . NAME OF STOCK. N. Y.. Ont. ft Westarn. National Lead Northern I’ltciUc. • • • New lurk Ceutral. . • Norfolk ft Western. • I’eunRylrunla. . . . . • People's Gas. « . . • • Pressed .'Steel Car. » • do. preferred. • • • Republic Steel. • • • • Rock Island. . • • . • do. preferred. • • • United Atntcs Rubber- cfo. preferred. . . • Southern Pacific. • • • bputhern Ruliway. . • do. preferred. • • • Teuu. Coal ft Iroa. • - ii-Aiis ft i’aclflc Union Pacific. • • • • • Lulled States .Steel. . do. preferred. Western Union. . « Wabash do. preferred. w NEW YORK. bee. . .. Jan, . . . Feb. . , March. . April. . . May.. . . August.. Closed' iliik Hr in. jsm 9.27-K 9.44-46 9.58-59 ■ • 9.7*5-77 9.81-83 9.8647 9.78-791 9.03-04 9.21-23 9.S-36 9.46-47 9.66- 56 9.6J-62 9.45-66 9.66- 5? LrtrERPOOL. The following gives the opening range and close, compared with yesterday. Futures opened doll. December Dec.-Jan. Jan.-Feb. Range. 2 p. m. gw = Close. Close. 5.47 6,34% 5.43% 5.34 5.42% 6.34 Mar.-Anrll Anrll-May Msy-Juuo June-July July-Aug Aug.-Hept. * .5.32 4.88 !!.! ..6.334.38* .*.*.*.* V&m"4.40*' e\\’.* V- B 5.43 6.43 6.37 6.34 5.37 6.88 6.88% 6.33% Closed Irregular. NEW ORLEANS. bee. . Jan. . . Feb. . . March. April. . May.. . Closed steady. 9.84110.061 9.84 9.97l 10.1« *9.96 10.08 *10.26 ibl08 io*28 |iiL4o|ia24 11 II TO 9.81-82 9.8S-84 9.88-89 9.93-94 10.00-01 10.04-06 10.14-16 ATLANTA MARKETS FRUITS AND PRODUCE. BGGB—Candled, active, 28c. LIVE POULTRY-Hens, active, 22H1T3S each: chickens_ plentiful, lW5c each; ducks. Pekin. ,Kc e»chs puddle, 2«O30c each; geese, full feathered, 46c each; tu^ active, 10ei2Vtc pound active. 17$>18e pc tlve, 13c pound; —. . c pound: frlea, active, 15c pound, PltODUCE-rT< , leys, undrawn, ound; hens, undrawn, oc- ducks, undrawn, fancy, _ -ctlve, 16c pound. Tennessee ribs and bones. 8c: Tennesseo sausage. 9c; lard, 10c lb.; bams octlve, 14c lb.; shoulders active, Ktelb active, 10c lb.; batter active, 16022! Ing freely thnt 1907 will In* the largest nnd most profitable yenr In the history of the trade. Men fn rid if nr w/fir the nffttlra of the United Htntes Bteel Corporation exju'et that the Deccnilier quarter will Im* highly satisfactory, Inasmuch ns the mills have been crowded tn their full rapacity and os the weather conditions, on the whole, have been favorable to the Itest results imsslble. As the new year approaches there Is some apprehension In the minds of speculative Interests us to whnt the'stntc administra tion will do to make good Its ante-election promises with respect to the nubile utility eorporatlons In Greater New \ork. On the part of the Inrgest Interests In these com panies It Is understood thnt there Is little or iio apprehension us to what the new ad ministration will do In the way of alleged remedial measures. rKtr '.Smt Orion nt Qtlrestoo. . Me. . . iwwnnnh. . [Djrletton. . iWllailnjttm. Norfolk. . . Pltitnore. . Ronton gjd-lphia' Bjmphla f«»«Wl«’k S**poft News ^/Mhur and 8a Jotnir' i5o5 i isos ° ^m 24898 1964 5740 778 482 4293 i375 6870 KM „ Sffll | 42; 15 i ,6575 o 17M , 1169 q 4 ?1 I 6908 i 619 « * 7284 ' 372V9 a Tfc »nterior receipts. J4; fouowlng table shows receipts at the hil 1lt , ,n ' vn * today, compared with the 52!J»ny Inst year: To*nT —— 2144 1124 1373 22077 IsTT 628 3499 3804 1633 iOMUND * CHARLES Ku^NDOLPH cotton letter. Deo. 28.—Urernool pxre u, g liLfcq 1 * , * r Prtse this morning by com- ■'■b J H> n,i . Wgher, Instiunl of that r -fj* M r V fl * l,ue * WMuljr closing Irregu- higher. American markets actetl 9 * M>, Ung off slightly on k Thlf 1 *’ wh, °K due to large tend- denies rvfld,, J r taken, as the at , l ^, w T rp enough to admit of 4 rJi. • , *?. * n Interest standpoint, tut, Jl th ‘ |,,lrk JJ r .Advanced 20 or more t fill in - ““inly .g°vertied y receipts. U»i| K off ,n this partlcnli would be . 7 a good advance In nrlces. for . "AJas, against 49.636 lam wn lt> to-w|grfi for the week was t hon^ !v at last year, nl the * market finned up on whnt t rwl »ood Inlying, dosing steady of 21C2, point, over jrwtw- PUBLIC TRADING WAS VERY LIGHT New York, Dec. 28.—The Sun say*: "It clique did not gnreu rue ocar, nor did the race coat effort to secure a change in the rules thnt fig Wlieu there was a ills- ell the bulls seemed very tim id, nnd just ns soon ns there was a dis position to buy, the l>ears were Just weak knefd. Today Is notice day for Jnnnary, and tenders may hnvo some effect on the market. It was rumored yesterday that no tices would he Issued ou 30,000 or 40,000 bales hut It Is not probable that notices will Im Issued on as much cotton ns this on the first notice dar, ns holders will imtiiral!” want to see who Is taking up the cottou nnd how eager they nre before turn ing looso whnt they nia* hold.” New Orleans, Dec. 28.—Tin* Tlmes-Dem- oernt wiys: "Aside from nil other possi ble Influences, the over Christmas decline was logical, because of the general spec ulative apathy. Behind all this, n monster movement, even though a record-breaking portion of it is sold and being hurried to I vs, 10c lb.; sides *s. 16eS3tte lb.s beeswax, sctlve. 26c pound; honey, bright, active, 8e pound: honey In 1-ponnd blocks, active, 12c * an; noney in i-poann uiwsr, •' pound; chestnuts active, $3.00 bushel’; dried apples. 6c pound; whits peas active. 82.60 bushel; lady pets, 83.00; stock. 81.40111.50. GAME—Quail, setivs, 15c etch; doves, tc- tlve, 6c each; ducks, mallard, active, 40c each; ducks mixed, active, 28c each; wild turkeys, active, l«c pound; rabbits, tlve, 124c each; squirrels, active, 10c each; opossum, dressed, active, 11c pound; opc»- ,n FRllS%J£emons, fSncy Messena, HfJO w.. arrival,' per i>ox. 82.00C2.25. Apjd»£« choice Beu iM'vla, 83 25<i2.50; fsncy, $3.76^ New York state apples, winter varte. ties, choice, per barrel, 83.25g4.BO; fancy, HE dark C.pn . J«r.-jr«, tit. UX lO ,|M »U( MI UH, Florid, (took. P«r hundred. % r-rnt,. Nut,, fsncjr mix'd, In J 1 ”*-, nonniU. lfVWltc. Cocounnt^ ht»vj rultauB urk of IOO?,ctlTe. ,t e.60 Melt. Fejnutslo sack, arerx^nf lOO^undt „cb, ourluf t. Rretl,' ctMxf, - . -tire, 12.60 crate; ,Und,r<l om' 0 ?; enti inxe, tKirrcl*. 2c pound, active. B.00 cr*t«i cuctim- nctlTe, pound; ?l» pkyri bore. ll.M >r«to: tom,too,, fane*. 13 U crate; tomatnM. choice, active 52.000 2^6 crate; tiemu. round ireen. Aw crate; onion., drr, ictlv,. 75c bushel: Irish pots- tor, active. So. J, SSfiDOc bushel: celery, fancy, 7D«8Sc bunch: peppers, uetree.iW.a Crate: skra. ,lx ftsskets. sms It. 0.50 cr.ts, csullliower, netlvt, 1010c pound: lettuce, "Flour, grain an?. lyovMsioNS. COllN—ren coo, wr, no, • wun^ ,4o- No. 2 yellow, 57c: mtxml, «2c; old crop c-bolce, 66e: old crop So. i. Me: new Tentjes- lice white, 63c; crack corn, per bushel, 70c. OAlN^Cbolce white dinned, 50c; So. 2 white. «c: So. 2 mixed, 47c; Tex,« rust- - 54c. Golden outs, 47c. OPENED HIGHER; LOST ADVANCE Heavy Selling by Profes sional Bears Caused the Decline. Chicago, Dec. 28.—Clearance, for the week a, shoxvn below were small both of wheat and corn, and prlcea suf fered In consequence. Wheat cloaad 3-8’(f5-Re lower. Corn waa oft l-8i&> l-4c; oats were t-8c oft to 1-8 up; pro visions were 577200 lower. Receipts of wheat at primary mar kets 818,000 bushels, and corn 1,025,000 bushels, compared with 925,000 and 970,000 bushels respectively a year ago. Clearances for the day 226,000 bush els xvhsat, 620,000 bushels corn and 100 bushels oats. Clearances for the week 2,406,000 bushels wheat and 1,060,000 bushels com. against 3,448,000 and 4,607,000 bushels a year ago. Cash sates were 115,000 bushels of wheat. 111,000 bushels com and 160,- 000 bushels oats at Chicago; tlve loads wheat, two loads corn and 15,000 bushels oats nt the seaboard. CHICAGO GRAIN MARKET (Quotations furnished by Southern Exchange) CUIcago grain and provision quotations for today follow: _ Previous High. Low. Close. Close. day The "bogle” of actual tenders seems to have miscarried, as It always does when the difference between the spot mouth and the forward delivery widens, as It has, to more than the carrying charges. Then- can be little doubt thnt Ibe prompt alopplug of January noitees on an advancing mar ket hn* left a considerable short Interest In tho near poeltlons. Tti-re v as nothing lu the news to discourage bullish ej|H-<- tattoos. Spot people say that at the pres ent time cotton can not be purchased In the Interior and shipped to Sew York for .lellrerv on eoo'reits without showing - materiel Iom. Spots marked np 10 poln to 10.66c.—Herbert II. Brown, Manager the apluuer. I, constantly developing lienr- Ish sentiment, while tight nioney soil lu- vMtmetit complications nre far front being reassuring factors In the cotton market. On the other hand, stanch friends of the stanle ore apparently unshaken in the Is*. fleY that once railroad congestion shall have been eliminated and the contracted for cotton moved Into tho hand, of the float purchaser, the movement will fall ojf rad- U-ONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone, Main 858. ATLANTA. GEORGIA. li IB Choice Bermuda, we. _ *' UYE-Oeorgt*. »-00; TsnnsMee, 10c. Bar- '^’’he’aoove price, (ts f. o. b. Atlanta I’ltoVISIONS—floprem, h»ma lie. Don bam,, 15c. California ham,, 1100. Dry salt extra rib,. 0.0714. hellie,. 20.25je>nnda, 10.26; fit hack,. 8.00; plate* 8.00; Supreme Uni, 10,3714; Snow Drifyernnjwnnd, 8.60. Bream. «07e pound; ,'napner, 10c pound; trout, 8e poun 1: blue fl,h, fc pound: pom- nine. 26e pound, mtekerel «e pound, mix id flihroc pound; fresh wtssr front, seioe ^uSdTbarW^e: nmh .had, 25f,30c. CIIBFSB—Fancy fall cream dairy, 2IV4c: "shraddwi blMutt IS enifl-.Na I rolled mi. |3 case. Sack grits, J2-pound bags. H 45 Oyster,, full weight. 81.75 caw; light weight 81.10 e,M. Hvsporeted apple, flic pound. I"epper. 18c. Baking Powdere. 15 case. Bed ralrnon^ rain. Ping salmon 14.33 can. Cocoa, *e; ehomUt, »e; anu(, rponn I Jar,. «& Roost href. 81» ran. beef. 81.30 can. Catnip, |U0 can. New Orleans. 85c gallon; com 25e ‘ ~ OoofflU cs n, J5e. E - n; Cuba J6c gallon; O. 100-pound. 50e. Agli cracker,. M4c pound; 81*0 ran; 3-| l.lma bean,. J 1.65. Maearoui, ew tara. mustard, 83.S 510 raw. Peanut,, ton 11140. Soap. 21.1 Vmfx*: K ind. 82; froAft ...... _ cooi>lati*nt attltudi* In oba«>rvlnic th»* ChrUtmas and tb« New Y«*ar'a bolldaya Is reflected In fewer foreign Inquiries and the fact tlutt nt the moment the lietter G ile fermion la aomewhat leas keen has the partial effect sentimentaUsta have been looking for. However, cotton on Its merits will probably lie heard from In an unnilataiutlde manner once the world fain dona Its trading clothes aud gets own to business. In the interim, the game rill douhtiesly continue stupidly dull and quite uninteresting. Meanwhile, the ef forts of certain members of the New York ert on the world's eotton price parity.”— Moutbern Exchange. Open. WHEAT— Dee 74% ■"few 41 r Dec Mhy July i OAT8- Dec 34% 3<", May 86V4 3^ POHK- Jnn.. 16.17H 16.17V4 May.. 16.76 16.77® LARD— Jan... 0.25 0.25 May... 0.4244 0.4244 SIDES- Jun... 8.60 8.6744 IS $ ft ’% 77 77 ft ft 43® 41% ft ft THE WEATHERREPORT LOCAL FORECAST. WEATHER FORECAST. Bouth Carolina—Rain tonight and possibly Saturday; warmer. Alabama—Rain tonight nnd fihtnrday, ex cept fair Saturday lu southwest portion. WEATHER CONDITIONS* Unsettled weather conditions prevail over the greater portion of the country cost of the Mississippi, where precipitation h ~ been general lu the last 24 hours. Knln w falling this morning In portlous of Alabnn Georgia. Tenneaaee and the Ohio valley. Tho area of high pressure In the southeast Is gradually decreasing lu energy as It moves seaward. In the interior of the country tho pressure Is unequally dis tributed. The lowest pressure la over north oru Montana and northern Michigan. The tetnpsrnture hna risen at most stn- colder. The conditions favor rain In this section tonight nnd probably Hnturday. Minimum and Maximum Temperatures and Rainfall. Observations taken at 3 a. m. ( 71th merl* ft 4444 lift May.. 8.92% 8.95 8.87% 1.00 8.97% CHICAGO CAR LOTS. Wheat. Corn. . Oats. . 137 LIVERPOOL GRAIN MARKET. Wheat—Opened % higher; closed % high* »r. Corn—Opened % higher; closed % higher. LIVE 8T0CK MARKET. Chicago, Dec. 28.—flogs—Estimated re ceipts today 26,000. Market steady; bulk 86.2006.10; light boa KlOftd.30; mixed 86.10 6*35: heavy 86.9W.36; rough $5.9606.10; pigs $6.5006.10; ynrkera $6.2006.30; good to choice heavy $6.2508.35. Cattle— Estlnintefl receipta 3,000. 3Iarket strong; l»eevoa $404.90; cow* $1.3504.70; heifers $2,4003,10: calves ft.5008.60; prime to good steers I6.460C9O; i*oor to medium $405.40; stockers and feeders $2.7004.65. Kbeep—Estimated receipts 12.000, Market weak; nunllty fair; native $3,601(5.90; west* ern $3.5CNh6.»; yearlings $5.7500.60; la tubs $607.90; western $507.85. COTTON SEED OIL. Following were the opening sad closing prices on cotton seed oil today: Opening. Closing. December 42 046 ** January February * March j May Jill! steady.* Abilene Amarillo. . . , . Ashcr/Be. . , . Atlanta Anguata Birmingham. . . Illamarek. . . . Boston Buffalo Charleston. . . . Charlotte. . . . Chicago Cincinnati. . . Corpus chrfatl.. , Davenport. . . . Dodge Cltv. . . Kl Paso. Fort Hmlth. . . Galveston. , , , Havre Jacksonville. . , Kansas City. Key West. . . . Knoxville I,*** Angeles. . , $lncon Memnhla Meridian. . . . Miles City. . . Mobile Montgomery. . . Nashville. . . . New Orleans. , .New York. . . , Norfolk North I'latte. . . Ouuihn Palestine. . , , Plttshnrg Portlnml, Me. . , Portland, Ore. . Ht. Lmls. . . . Ht. Paul. . . , , Han Francisco. . Savannah. . . . 8iM«knne. . , , , Tampa. . . , • Taylor Thomnavllle. , , Vicksburg. . . . Wnshlngtor NOTES ON GRAIN. Pointers on Provisions. The Chicago Record-Herald: Thero every evideuce of a vigorous If not con certed raid ou the provision market by packing Interests near the close of yester day's session. Prices were nltltudlnous enough to tempt short selling in tiny event, and they were nlso nt n point that waa decidedly Inimical to legitimate pack ing operations. The market was full of nyramiders. ^rho have recently been enjoy ing an unbroken period of success. The raid was evidently designed with an Idea of forcing this class of owners to make a weak provision market, aud. of course, af fect prices of hogs. The receipts of the lat ter at western centers were such as to give tho trade considerable anxiety. Tho total, run yoaterday was 57.800 at all consumption. R was,, therefore, not In a temper to regard continued shortages In tho hog receipts with equanimity. Buying of May lard on declines yesterday by brokers thnt wero thought to represent packers gave color to the current reports that larga sales of lard had been made for- January shipment "The car situation with us Is as tight ns It has been at any time this year, aald W. 8. Moore, of Speucer. Moore ft Co., of Duluth, who waa ou the floor yesterday. "There la a large umntwr of elevntors In North Dakota that nre full locked up. The situation branch lines than nt points which have comuttUug railroads. The flour demand at Dulutn Is wretched. My Information to us, and I would, therefore, venture no opinion of It." An Improved shipping demand for corn has developed from the east. The East ern buyers, however, wero mainly domestic distributors. Export trade was at a stand ■till. Following are samples of the views of export concerns nt New York: "Corn Is offered quite freely from all over, but It la the same old story of no demand. Export bids are generally lower than Sat urday. With this condition and minimum ocaan rates. It it hard to feel bullish from this end." Another exporter wired: ‘-Corn la of- .jred relatively cht^HMftH| here, nnd c. I. f. fered relatively cheapest fiTyenrs*MWI here, nnd ordinarily buyers would tnko It In blocks, but we have no bids today “ ' The Minneapolis flour |m | showing an Increase of the week before, was i said The Northwestern illlln sMHH proofs, as wired to Logau ft Bryan. The quantity of flour turned out was 305,730 bar rels, ngnlust 268,926 barrels In 1905. Most Mluueapolla mills experienced a dull trade Inst week. Rales mnde wero usually less than their output. Hhlpping directions ou old orders were reported good In some cases nnd very slow In others. Continental cables to a local export bouse Thete was n Winnipeg message here clnlmlng that the evidence Is Increasing that the Canadian- northwestern wheat crop was underestimated, and that It I ■M0^MMM|imMfti|glfcg>ushels. dly. There , Will be sc* lays The North- ulllrr's cable from Argentina. ..... supply changes compared with Inst week show Increases of 691.000 bushels of wheat, 84,000 bushels of corn, 728.000 bush els of oats, 101,000 bushels of rye and a decrease of 709,000 bushels of barley. Ths visible now includes 43,838,000 busuels of wheat, 4.605.000 bushels of corn, 12,987,0801 bushels of oats, 1.896,000 bushels of rye and 3.484.000 bushels of Irnrtcy. Local public elevator stocks of all grades of grain, compared with last week, show Increases of 489,000 bushels of wheat. 144,* OOO bushels of corn. 1.000 bushels of rye nnd a decrease of 22.000 bushels of oats. Totals now nre 9,538,000 bushel a of wheat. 438.000 'indicia of corn, 1,574,000 bushels or oats nnd 533,000 bushels of rye.' J. n. M A It HURT, faction Director. February ... March April ....... May Juiw July August September 1, COFFEE MARKET. Opening Range. Close. 6.55-6.60 6.60-6.60 5.0L6.6S 5.08-6.85 5.70-6.75 5.70-6.73 5,734.80 i. 75-5.80 6.804.86 d.8S-5.90 8.004.CS ft 00-6.05 8.204.25 ft 204.26 ft 304.35 8.304.35 6.358.40 6.354.40 SOUTHERN EXCHANGE Oldaat Eatabllthed Office South. COTTOK STOWS BONOS GRAIN Oround Floor Gould Building Dally market letter and market man uni mailed on application. *• k- aUtutom V. P. Tonus C. Erwin, tut Cashier. Joseph A. McCord, Crider. R. wTSyera. AaaL Cutter. Third National Bank Capital Surplus Dr. A. W. Calhoun. . . $200,000,00. . . $300,000.00. DIRECTORS! RIO GLUTTED WITH COFFEE FOR EXPORT Special Correspondence to The New York Commercial: Rio DeJanelro, Dec. 3.—In spite of all efforts to curtail deliveries of coffee lu Santos, nearly 1,700.000 bnge were brought down In November. The Hno 1‘nulo railway station nt Santos had nt oun time Inst month In store nearly 250,000 bags, of which 22,000 were paying demurrage, much greater number was liable for payment, which, according to tho rei flout of the railway, can lie charged i a delay of forty*elght hours, hut the time lies lieen extended to meet the extraordi nary circumstance* of the situation. Cof fee lias been delivered dally after 4:9) 'itforms to those* cart away lui- The crop for Sao I'aulO alone Is uow .ilculnted at 17,000,000 bags, slid the uext rop at 8,000,000, or say 25,000,000 for the two seasons. In Ulo the estimate of 3,- 500,000 for the mrrept season inny not lie exceeded, but next season 5,000,000 will prob ably lie delivered. It Is reported that a loan of 14,000,000 or C$,000,000 for valorization has jjow lieen arranged, ninl that this will receive the Indorsement of the government of the union. The surtnx of three francs wna due for collection In Cantos on December 1. lint some 88.000 bogs shipped on that day were dispatched the day liefore and did not pay the tax. Coffe<v from Sao Paulo shipped at Rio Is nlso liable for the tax, but no an nouncement has yet been made regarding some arrange pnted point. The market In Santos today Is quite wllllug to sell coffee to the government to any extent, but whether 42,000 hags re- iMirted ns sold on December 1 were nil iMiught by the government la not yet known here. The conversion bill has now passed the senate and linn been returned to congress for Indorsement of the amendments. Pala tial premises op Central avenue are await ing occupation, slid gold Is on Ita way out to fill the strong rooms. Tho scheme Is much altered since first proposed, and one change unfortunately seems to leave an openlug for speculation. OFTI ON THE BEAR SIDE After a Strong Opening the Stock Market Became Irregular. DECLINES FOLLOWED Reading Prominent Feature Rest of List Followed Its Movement. rNew York. Dec. 28.—The advancing ten- drawn heavily upon the lemlable supply nnd ■MiRfd this morning by the sudden tight- ig of mouey rates. This was a devclop- ■KJt, to be auro,«which had been fully ex pected, both because the In-gnthering of funds for the year-end settlements lmd drawn hesvllv upo nthe lendsble supply nml because stock rxchMMftgmMMgHM4| need of tho nioney i throe-day period rui. the week. But the i ■Itlon to feel sensitive, even aitnougn denlng of money rates bod lieen nntict- i*d. The short Interest had Imeu reduced Pllalderably by the rise of the previous days, and many speculators who hsd bought merely for a small turn were waiting to take profits, Prices, nftei first hour, broke ns was marked up to 1 stocks, Ht. Paul and I the readiest to yield, while Reading aim the Steel shares showed the l>est resistance. Acuities are over. After a strong opening the stock market became somewhat Irregular with the bulk of the tradera arrayed ou the bear aide and some renewed liquidation of speculative ac counts consequent upon the closing of the year that caused recessions from the high est range In the first few minutes. Heading, which was again the most prominent fea- i ture. waa bought on a large scale. Price movements In the rest of the list j followed those of Readlug, early, gains bit ing .succeeded by a general reaction In I which a number of Issues fell below jester- I day's closing figures. Government bouds are unchanged. Other i bonds are steady. New 1 ork. Dec. 28.—Time loans flrm: six ty days, ninety dnys and six mouths f _.. (man sixty days' bills. Commercial bills 807- Bar sliver 69%c. LONDON 8T0CK MARKET. (Quotations fumlahcd by Southern Exchange) |Opn| Amalgamated Copper ... Atchison Baltimore and Ohio Chesapeake and Ohio .. Great Western Canadian Pacific Erie do. preferred Illinois Central Kansas nnd Texas do, preferred ........ Louisville and Nashville New York Central ....... Ontario and Western ... Pennsylvania Philadelphia and Reading ... Southern Pacific Ht. Paul Union Pacific do. preferred United States Steel do. preferred do, preferred 80UTHERN EXCHANGE » GRAIN LETTER Chicago, Dec. 28.—Wheat showed s flrm undertone nnd worked altont %c higher. There was a large decrenseln European via- 1 the weather being milder. The receipts u. Chlcago were good. There was not much demand, and prices gained alowly, Oats were more active nnd quite strong; regaining much of the loss following the government report. The statement off the Cincinnati Price Current that tho crop this 8TOCK8 AND BONOS. Qeonria Railroad Is Ifti&fteft:::;::::::::::; Atlanta $s, 1911 Atlanta 4%s. 1922 Atlanta ft West Point Atlanta ft W. P. debentures.. C. R. C. 1st Income...... C. It. C. 2d Income C. It. C. 3d income Georgia Hall road Bid. Asked. IF £ LOWRY NATIONAL BANK Designated Depository of the United States. CAPITAL $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. N.w York. Baltimore. Boston. Chicago. Atlanta. New Orleana. Washington. San Francisco. Philadelphia. London. The American Audit Company 100 Broadway, New York City. F. W. LAFRENTZ, C. P. A, Prea. G. E. MANWARING, Vice Prea. THEO COCHEU, Jr., Secretary. Tho American Audit Company, chartered under the lawe of New York la empowered to examine the affairs of. and make reports upon the llnan' elal condition ot private and public concerns for directors, officers and In dividuals. The preparation and Installing of systems a specialty. ATLANTA BRANCH. 101S-101*-1017-101S FOURTH NAT L BANK BLDO. C. B. BIDWELL, Resident Manager. Telephone, Main 872. Cable Address, Amdlt, New York. L. H. Fairchild. $. J. Whit,. L. H. FAIRCHILD & COMPANY. NEW ORLEAN8. .. „ , „ Membar,: New Orleans Cotton Exchange, New York Coffee Exchange. New York Cotton Exchange, New Orleana Board of Trade New Orleana Stock Exchange. Chicago Board of Trade. * LIVERPOOL COTTON ASSOCIATION. Private wires to NEW YORK and CHICAGO. < l> - dK-ltc.l for fu- tura delivery, on above Exchange. B. C. COT lilt an - .