Newspaper Page Text
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•• ■ ' A ■ ' - • •- ..
ATcnDAT, December s. ion.
HOLIDAY AFFAIR
HESTER'S WEEKLY
COTTONSTATEHENT
ftcrrrtnr.v Hester, In his weekly statement
Liverpool Was Somewhat
, Lower Than Had Been
Expected.
SPOT WAS HIGHER
New York Was Dull and
Uninteresting, Closing
6 to 8 Points Lower.
New York, Deo. 29.-The opening of tbe
local cotton market was better than ex
pected. In view of the poor cables from
Liverpool. There was again an especially
food demand for January, with coverli
Tater months, also n feature. The p
eased off to 4 points, after the call on real
ising by room traders.
. while the professional element
trade among themselvea, taking care, bow
ever, to stay close to the shore. Under
present conditions they are satisfied with u
very small profit.
The Liverpool market closed somewhat
better than expected In the snot depart
ment, K) points up at 6.70. Hninners* tak
ings were very light, only 4.0WJ bales being
sold. Futures did not meet exportations,
tho. close being 1 to. 4* points ut>, whereas
about 7 points advnnce had l**en looked for.
Following *a the range In the active
months In Liverpool today:
Open. High. Low.
December 6.52 6.52 5.48
Janhary-Fehruary 6.46* 5.46* 5.42
Mareh-Aprll MB 5.46 5.40
May-June 6.48* 5.48* 5.42
The New York market was very dull even
for the Saturday half-holiday session. First
prices were 4 points higher to 3 points low
er. January showing the greatest advance,
while March the 3-pnlnt decline. During the
first hour January advanced 1 point to 9.32,
March 5 points to 9.60 and May 2 points to
9.79. and then eased off 2 to 6 points.
Herbert H. Brown, local manager Kd
mund Sc Charles Ilandolph, received the fol
lowing Hnturcfay morning:
“The Liverpool and New Orleans markets
will be cloned on Monday and Tuesday,
abd the New York market will be closed
Tuesday. Under these conditions, we can
hardly expect much of a market today nor
Monday. Don't think there will be the
firmness In the market aa It was yester
day. •*
In view of the fact that the Christmas
holidays made It Impossible to give the re
ceipts at tbe porta correctly, the following
table, giving the receipts for -each day
compared with the last year and the year
l»efore—the latter tbe big crop year—will be
of Interest:
Saturday
Monday
.Tuesday
Wednesday ....
Thursday
Friday
¥ntal ...............77
fiNtliiiuteU Monday: "
l5ST
73.506
48.1M
56.220
23,606
42.672
72.224
OTT
26.049
20.161
32.561
41,565
41.207
37,299
IfoT
TOHl
28,170
54,859|
43,737
1906. 1906.
New Orleans 16,000 to 18,000 10,825
Galveston 17.000 to 20,000 2,820
Houston 14.000 to 15,000 8,900
The New York market for futures 6 to 8
points net lower.
SPOT COTTON MARKET.
Liverpool, dull; middling uplands B.SOd;
of 76.000 and an Increase over the same
time In 1903 of 79,000.
For tbe 28 ilayt of Deceml>er the totals
show an Increase over lafet year At M.oto,
an Increase over the same period year be
fore Inst of 392.000 and an Increase over the
same time In 1903 of 412,000.
For tbe 719 days of the season that have
elapsed the aggregate Is ahead of the 119
days of last year 883,000, ahead of the same
days year before Inst 2,000 and ahead of
1903 by 1,128,000.
The amount brought Into sight during the
past week has been 448,968 bales, against
312,196 for the seven days ending this date
last year, 373,186 year liefore Iasi and 369,610
463 last year, 1,731.247 year
1,711,932 same time In 1903.
The movement since September 1 show's
receipts at nil United States ports 6.802,178,
against 6,012,334 Inst year. 5.800.977 year be
fore last and 6,041.786 same time - In 1903.
Interior stocks In excess of those held
at the close of the commercial year 561.493.
against 607.011 last year. 666.654 year liof.iro
Inst and 474.963 same time In 1903; southern
These make the total movement for tho
119 days of the season from September 1 to
date 1,864.929, ngnlnst 6.981,800 last year, 7.-
862,481 year before Inst und 6.736,431 same
time In 1903.
Foreign exports for the week have been
_!7,690, against 125,609 last year, makl~“
the total thus far for. tho season 3.971.C
32,491. as compared with tho corresponds
period last year, and their total taking
September 1 hare decreased 49.7«
total takings of American mills, nortl
spinners, against 1,206,544.
Stocks at the senlioard and the 2
during the week 21,712 bales, against an In
than at this date In 1906.
Edited by
.Joseph B. Lively
MARKETS
Mr. Lively's twenty-flvo
years* experience of ed
iting markets In Atlanta
and tbe 8outh has made
him a recognized au
thority In his specialty.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
NAME OF STOCK.
Amalgamated Coppef
Atlanta Coast Line.
American Sugar Bif.
Anaconda •
American Locomotive.
do. praterrad. ,
Am. Hmelttug Ref.
do. preferred. .
Atchison. . . .
do. preferred. .
American Cotton OIL . * .
Am. Car Foundry
er of bales brought |
from the new crop, the
8.162,699. against 7,426,408 fc
last year.
j NEW YO
f The following fa tha r
tores In New York toda
BK.
nge In cotton fo-
y;
ill 11
11
1
U
Dec
Jnu
Feh. . .**. ,
- March. . . .
April. . . .
May
June
July.. . . .
August. .*.
9.321 9.321 9.32
9.31 9.32 9.26
‘»l77| 9.70
' 9^89‘9.89‘9.S0
9.33
Mi
* ».ii
b’ii
9.26*28
9.25-26
9.41-43
10.63-64
9.63^5
9.71- 72
9.76-77
9,1 M1
9.72- 73
9.30
9.27-28
9.44-46
9.68-69
9.68-69
9.76*77
9.81-83
9.88-87
9.78-79
Closed steady.
- ■ —
WORLD’S VISIBLE
SUPPLY STATEMENT
■lc* 4.000.
stonily; middling 10.66c.
Norfolk. sfe-Mly; dubbtUns
Charleston, firm; middling 9%c.
Memphis, Mteany; iiimuiiug uV*o.
TODAY'S PORT RECEIPTS
Tbe following table ahowa receipts at tha
Interior towns today, compared with tha
same day Inst year: %
' Forts.'
New Orleans. ... , .
Galveston
Mobile
Ksvmnnb
Charleston
Wilmington
Norfolk
New York
Ibis ton
“W
1ST
12315
■w
Tsar
-5mr
_ INTERIOR RECEIPTS.
Th, following Uhl. ,bow« rrrelnta at thr
Interior town, tod,,, compared with tb,
aiime day laat year:
’ 1906
EDMUND & CHARLES
RANDOLPH COTTON LETTER.
Atlanta. Dee. 29.—The old year Is al
most nt Its close, anu we nre ntniut to en
ter the new. Let us hope It will bring
ns much prosperity to tbe whole country
•e did 1906. The Influence of the holidays
was apparent In the Kuglish entiles today,
trading was very quiet all day, and after
opening unchanged, when due to come 6fc7
points higher, prices closed at a net nil-
vance of 102* points only. Kngllsh stmt
market was 10 points higher on sales of
4,000 bales. Hinall spot sales nre the us
ual thing during the holiday week. New
»,°rk opened steady, paying little atten
tion to the decline abroad, and was dull
during most of the session, dosing fair
ly steady at n net decline of 6fi8 points.
There seemed fo l»e some demand for Jnu-
uary with very little offering. There was
no special trading feature beyond buying
of March by one of the brokers who Vss
a heavy buyer of Jnnusry against sales of
late month* earlier In tho week. The
week-end figures of Hester Were bullish
from n mill-taking standpoint. 262.000 bales
l*»lng taken, against 188,000 last year. This
leaves ns abend of last year for the sea-
sot» 184.000 bales, which Is a gradual In
crease for the past three weeks. I do not
look for much activity until after the
turn of the year, then If receipts fall off
a ltetter market all around can l*» ex
pected. Uvcrpool Is due to come un
changed to 1 up when they open next
Wednesday.—Herbert II. ltrown, Malinger.
THE COFFEE MARKET.
Tbe following table gives the opening
rauge and close of the New oYrk coffee
market today:
Opening
It* nee. Close.
6.60-6.65
5.70-5.73
6>V5.86
6.90-5.95
6 956.00
6.00-6 06
6.10-6.15
6.20-6.23
6.30-6.55
6.®*. 40
6.40-6.43
January
February
.March
5.50-5.55
8,60-5 65
6.70-5.X5
Nay
6.06-6.10
;Auuu»t
6.15-6.20
•October
Orleans cotton exchange, shows an
crease tor tbe week Just closed of 292,690.
agalnat nn Inert*** of 216,977 la*t year and
n Increase of 97.537 year before last.
The total visible Is 5,173.646, agnlnsi
,880,966 Inst week. 5.307,977 last year and
-,663,(564 year before last; Of this, tbe to-
tal of American cotton Is 4,124,646, against
3,937.966 last week, 4.163,977 lnijt year and
3,910,664 year liefore hist, and of all other
kinds. Including Egypt, Brasil. India, etc.,
1.049,000, against 943,000 last week, 1,154,000
last year and 753.000 year before Inst.
'Hie total world’s visible supply of cot
ton as above shows nn Increase compared
with last week of 292,690, n decrease corn-
payed with Inst year of 134,331 and nn In
crease compared with year before laat of
609,982. .
Of the world’s vis I bio supply of cotton
as atiove. there la now nflnnt and held In
Great Britain and continental Europe 2.432,-
000, against 2.575,000 last yenr and 2.366.-
000 year before last; In Egypt 239.000,
against 191,000 ,ln*t year and 196,000 year
before laat; In India 462,000, against 613.-
000 last year and 308,000 year before last;
and In the United Htafba 2.082,000, against
1,929,000 last year and 1,806,000 year bof
laat.
efura
SPINNERS’TAKINGS
AMERICAN COTTON
Secretary Hester gives the takings of
American cotton by the splnucra or the
isi jenr. oup.wv yenr wiorr m*r.
Total alnett September 1 this year 4,655,000,
against 4,471,000 last year and 4.417,000 tho
year before.
—_ _— —,— ilie year union*.
Honfhern aplnners 9*0,00), against 949.000
last year and 839,000 the;year In* fore: mid
foreign aplnnera 2,619,000, agalnat 2,316,000
laat year and 2dr<7,OQO tbe year.before.
COTTON STATEMENT
DURING PAST WEEK
The movement of cotton for the week and
Y «...
Tort receipts 311,764
Overland to mills and Canada 6f,6?o
•Southern mill takings 73,000
Gain of stock nt Interior
towns 90.507
Brought Into sight for week..458,941 339,542
Total Crop Movement.
This
Yenr.
Port receipts 6,811,145 6,066,546
Overland to mil* and Can
ada 658.731 3M.859
•Southern mill takings....
216,089
33,043
70.0J0
20,410
I«n»t
80UTHERN EXCHANGE
COTTON LETTER
New York, Dec. 29.—Foreign cables were
not as good at expected, but were not
unfavorable enough to cause any welling
pressure in our option list this morning,
which was rather steady but Innctlv*.
Then* I* very little speculative Interest
In the market at thl* time, but price*
a p|tea red to* Im» fairly well mipnorr.il on
sign of w<nknc*s, the Imying power
.. raring to come from large Interests
who are accumulating contracts on any de
cline. Amount in eight for the week was
426.469. against 314,459. To date 7.74>.<*>♦.
against 6,895.000. World’s visible *npply
gained for the week 289,000 talcs. Is now
5.200,000, against 5.314.000, of which Ameri
can I* 4.152.000, ngnlnst * 162.000. Export* to
date 4.3&.OU. against StiW.m*). Price of
middling In Liverpool 5.79d. against 6.24d.
There I* regular holiday dullness In dry
goods division, which Is. to a certain ex
tent, quite welcome to producers and deal*
s, who will now have nu opportunity to
get their plants In condltlou for the com
ing spring rush. We look for a narrow
marker for tho Immediate future, nnd es
pecially until after the publication of the
next glnners’ report
Brooklyn Rapid T,
Canadian Pacific. . .
Chicago A North w'n. .
Chesapeake A Ohio. .
Colorado Fnal A Iron.
Central Lsather. . . .
do. preferred. . . .
Chicago A Great W. .
Chicago, M. A fit P. .
Delaware A Rodeos. .
Distiller's Securitise. .
Brie.
„ do. .preferred. . • .
General Blectrle. • • .
Wlaola Central
Am. lea Securities. . .
Louisville A Nashville.
Mexican Central. . . .
Missouri Pacific. . . .
NAME OF 4T0CK.
N. Y., tint. A Western.
National Lead. .
Northers Pacific.
.lorfolk _ ...
Pennsylvania. . . .
People's. Uae. . . .
Pressed Steel Car.
do. preferred. •
Pacific Mall. . . . .
Beading
Republic* Steel. . •
Son them Pacific. . .
bOOthern Hallway. .
do. preferred. • •
Sfoss-Sheffleld. . . ,
Tenn. Coal A Iron. «
Texas A Pacific. . • •
Union Pacific. • . • .
United States Steel.
do. preferred. • • ,
Vo.-Car. Chemical. • ,
do. preferred. • • ,
Western Union. . . . .
Wabash. ........
do. preferred.
6144
5114
. 5144
92*,
. 91*
92
74^
p
3344
T
•8644
"34*
36
a
36
36
a
18
36*
3.
LIVERPOOL.
The following give* the
and close, compared with yesi
Futures opened dull.
Opening
Range. 2 p.
December 5.52
DercmtarJnuuary ...5.45
January-Fcbruary ....5.46#
February-March 5.46#
March-April 5.46
April-May 5.46
June-July 6.47#
July-August 5.48
Auguat-Bepfember . ♦. .5.42
Closed steady.
ipenlng range
Previous
. Close. Close.
5.48 5.47
6.48
6.44
5.43*
5.43
6.44
5.45
5.45*
6.45*
5.40
6.41
6.43
5.43
6.37
NEW ORLEANS.
The following Is tho range In cotton fa
tores In New Orleans today:
Jnn. . .
Feb. . .
March. .
April. .
May. . .
June.. .
Jul;
Hosed i
9.931 9.93-94)10.02-03
10.03-04
10.02 10.01-02 10.09-10
10.14-15
10.14 10.13-14 10.21-22
10.26-27
10.36-37
WEEK’S LOSSES
REGAINED FRIDAY
New York, Dec. 29.—The Sun says: “The
market yesterday made up all that It had
lo*t In a week. It wna notice day, and
notices were Issued on about 75,000 bales.
Instead of weakening the market, this
seemed to have a strengthening effect, and
there was a reason. A great deal of cot
ton was tendered by people who did not
want to lose the eotton, nml who issued
tho notices Intending to stop them them
selves. Home changes In the personnel of
Is said, were effected by the ten-
nd taking up of cotton. Wall street
came and took up enough cotton to give
the whole deal a bullish Influence. The
New York cotton exchange Is being at
tacked from so many sources n* nn enemy
of tho cotton man that, perhaps, there
was Just n little centlment in the effort
made by certain people to hold up prices
yesterday. The nubile did not come In.
nnd shows no Inclination to buy eotton nt
these prices. The market was steady All
day, and, although It was dull at times,
there was no time when It showed any
weakness. During the last hour It hnd
of support, nnd It was said that
’ort wna being made- to drive out
January shorts.”
New Orleans. Dee. 29.—Tho Times Dem
ocrat says: ^'Yesterday's cotton «•••«'»♦
■ “—* -auditions, rather
and values ad
vanced In consequence. Demand for de
sirable cotton hna again become keen,
and huvers are finding such nn abnormal
ly large proportion of tie crop tl*d up
III trade tlfraa sellers are refusing to ac
cept offers ipjrli but n little wnlle ago
would have been looked upon ns grotesque
ly large. Liverpool good middling -was
sold at Augusta, Gn., yesterday on tho
hnals of 96 (mints on the New Orleans
Jnnunry option, n Iwisls which sellers lu
New Orleans have refused. Competout au
thorities among tho foreign firms repre
sented In tho South assert without reserva
tion tlint Important December commitments
. *.— •* -* *-*- * re-
... so-
fact that lending
actual eotton firms took tip some 49,000 ten
dered yesterday at Now Orleans Illustrates
this point emphatically, even more so than
does the fact that very heavy tenders nt
Sew York failed to holA tbe market down.
Meanwhile, exports from Southern ports are
holding up to the logical expectations, n
monster movement I* Increasing Interior
siochs ss slowly that th* !•»•!»* msrveia
dally, and European trad# advices are en
couraging In the extreme. Even the China
outlmdc Is evidencing much brighter pros
pects. Thus the situation appears to In
volve less iHMirlah advantage liecaaae of the
absence of speculative support and
‘ cut tha
WHEAT OPENED
HEAVHND LOWER
Bears Offered Freely and
Professional Longs Were
Heavy Sellers.
Chicago, Dec. 29.—Wheat cloaed 1-4
<j>3-4e lower for the day. Corn waa
unchanged; oats l-4©3-8c lower. Pro-,
Visions 20c loner.
Liquidation and the putting out of
short lines were the features.
Wheat waa active, the other cereals
being rather slow and hog products
moderate only.
Cash grain transactions were rather
light for the day. Primary receipts of
wheat for the day 816,000 bushels and
corn 934.000 bushels, compared with
948.000 and 936,000, respectively,
year ago.
Clearances were 633,000 bushels
wheat, 312,000 bushels com and 9,000
bushels oats.
Weekly primary receipts of wheat
4.866.000 bushels; a year ago 6,068,000;
corn 6,842,000 bushels, a year ago 6,-
664.000 bushels.
The visible supply Is expected to
show an Increase of 2,000,000 for the
week, compared with an Increase of
2.400.000 bushels a year ago.
THE CHICAGO GRAIN MARKET.
(Quotations furnished by Southern Ex-
chSDge.)
Ohlfngo ^trnln sod provision quotation.
Previous
Open. High. Low. Close. Clot*.
huge nos
the movement tlmn bus np-
ill--. - —- ———• —- a - - — . -
tween the three grout markets, when
Ivseil, ore enslly understood, hnvlug dim
nl it hove the New York end 1 tverptml |utr-
Itv been use «tf Its sueeessfitl light for price
control, inode imesllde by the fsr-resmlng
change lu the altitude of the eotton pur-
ehnses."—Southern Exchange.
CHICAGO CAR LOTS.
Below Is given ivcelpts tod,/ sai «»0-
muted receipts for Monday:
Today. Monday.
Wheat *
fora
Oat* - n
LIVERPOOL GRAIN MARKET.
COTTON SEED OIL.
Following w*re the opening and dosing
prievn on cotton nootf oil today:
Opening, t'loslng.
Doccmltcr 41*4i44
January, ....... f>39*
Fcbnmry 38 *i3s' a
Mar.h 37*4i3M
May 37#g37H
July 3^
Hal***. 190 July ut 38. «'|»»^1 »t*>*i|>.
M.ONZO RICHARDSON & CO.,
PUBLIC ACCOUNTANTS
AND AUDITORS
Empire Building. Bell Phone. Msua83l
ATLANTA. GEORGIA.
SOUTHERN EXCHANGE
STOCK LETTER
New York. Dec. 29.—Today’s stock
market wum rather steady during the
early trading, but the volume of busl*
nea* was t04» small to produce a wide
range of price movement. The cop
per stock* were steady during the
early trudlng. Near the time for the
bank statement the market became
weak on heavy offering* of Reading,
St. Haul and Union Pacific. The buy*
Ing-power U not aggressive enough to
hold the market at the high level. The
bank statement was somewhat worm?
than expected, which was not In fa
vor of value*. Professional trader*
ami the outside public are Inclined to
await some further development rela
tive to money condition* before taking
any active Interest In the *tock mar
ket. The return of money to New*
York will surely follow the payment*
of end-of-year dividend* and Interest
disbursement, taking place January 1.
After thl* time monetary condition*
will naturally Improve and general
condition* will warrant an aggressive
campaign for a bull market. In the
meantime we forecast a steady, but
narrow market In which day to day
traders must be satisfied with small
profits.
WirEAT—
Dec 73* 73*
May 77* 77*
July 77 77
COHN—
D vc
May ....
July.... 43’fc
40* 40*
-!3* 43*
73
77
76*
40*
sS
40*4
42fi
m,
rORK-
Jitu... 15.90 15.90 15.So
May... 16.62* 16.62* 16.35
8.57*
8.87*
80UTHERN EXCHANGE
DAILY GRAIN LETTER
Chicago, Dec. 29.—The market In wheat
vm somewhat firmer on go«»4l cables, small
Argentine export* nml unfavorable weather
fomllthnis. Then? was no special feature,
however, nnd eased off during the Into trad
ing. There are satisfactory reports of win
ter wh4»at and a prospect of a more liberal
demand for the old crop. Interior receipt*
818.D00, against 925.000 last year. Kxporta
80,000. ngnlnst 245,000 last year.
C’4»rn steady during the early trading.
Heavy receipt* nnd an easier tone prevnihMl.
though the Inlying power was rest riffl'd.
Interior receipts 1,025,000, agalnat 970,000 Inst
year. Exports 621,000, agalnat 1,077,00) last
yenr.
Oats active and stroug with good cash
demand nml further Influenced by small re
ceipt*. There Is evidence of speculative In
quiry In this market, with every prosisN't
of an arrive trade. Interior receipts 494,000,
against 756.001) last year. Export* none,
against 181,(W0 last year.
THE LIVE STOCK MARKET.
rhlcsgo. Dee. 29.-Ilogs— Estimated re
ceipts 15.000. Market strong to Sc higher;
bulk 8d.2fyft6.40; light hogs frt.15fc6.37*: mix
ed I6.4fcit.46; heavy 8604.42*; tough 8*fc
6.t0; pip* 85.-Vqf6.l5; yorker* $6.hfi6.&: good
to choice heavy 8rt.3Wi6.4o.
Gnttli^—Kstlmateil receipt* 300. Market
steady; lieeves 84fc4.90; cow* 81-3604.70;
hirers 82.40fc6.10; calves 15.5068.50; prime
to goml *t**r* 86.45fc6.90; poor to meillum
8465.40; stocker* and feelers 82.704j4.6S.
Hheep—Estimated receipts 2,000. Market
st4'mly; natives 83.50fc6.90; western 83.50fc
5.85; yearling* 85.7M»6.60; lambs |5fc7.9i);
western $5413.85.
THE WEATHER REPORT
LOCAL FORECAST.
For Atlanta nnd Vicinity—'Unsettled
weather with rain tonight and Sunday;
continued high temperature.
weathepTforecast.
„ ... possibly
showers In northwest portion " *
er*.
Honth CnroUna-^Falr tonight except show
ers In mountain district*; Sunday show'er*.
Alabama—Occasional showers tonight and
Sunday.
WEATHER CONDITIONS.
Cloudy weather prevails today over
entire country with generally unset .
conditions. In the last 24 hours rslns have
been general south of tbe Ohio nml cast of
the Sflsfllssippl nml In the Hooky Mountain
and Pacific const states. Over the eastern
half of the cotton belt dense fogs are gen
eral.
The pressuro Is highest lu the northeast
nml southeast, while an area of low* press
ure I* centered In northern Texas.
The temperature has risen on tho Atlantic
coast, in Texas. Montana, Washington and
Oregon. Elsewhere there has been but lit
tle change In the last 24 honrs.
The advance of the low pressure area
from Tcxhe will probably canae cloudy nnd
unsettled weather with rnln In this sectlou
tonight and Hundny, continued high tem
perature.
Minimum and Maximum Temperatures
and Rainfall.
Observations taken at I a. m., TStb marl*
Abilene
Amarillo
Asheville
Atlanta
Augusts
Birmingham
Bismarck
Boston ,
Buffalo. .
t'harleston
Chicago.
Cincinnati
Corpus Christ I. , ,
Davenport.
Dodge City. . . . . .
El Paso
Fort Hiulth. . . . . .
Galveston
Havre
Jacksonville
Jupiter
Kansas City
Key West
Knoxville
I*>« Angeles
Maeon
Memphis. ......
Meridian
Miles City
Mobile. . . . t . . .
Montgomery. . , . . ,
Nashville. . .. . . . .
New orjeaus
New York.
Norfolk.
North Platte. . . . . .
Omalm
Palestine
Ittsbnrg
Portland, Me
Portia ml. Orr. . . . . .
St. tenuis
Si. Paul
San Fraiielseo
Savannah
[poknne
ranipn
J*aylor. .
Thomasville. . . , . .
Vicksburg
Washington
Wilmington
T Indicates traca ol
J. J. BARNES CO.’S
PRODUCE LETTER
Atlanta, Oa., Dec. 29.—Thla being the
week after Christmas, dealer* sre devoting
their time to cleaning up ttoeks preparatory
to the usual Inventory of January 1, nml iu
conoequence n sluggish market ha* l»een the
rule. The cold wave, which extended to the
middle portions of Florida, has done consid
erable damage to the orange crop, nnd we
look for Borne slightly frosted fruit to come
on this market within the next ten days,
bnt there will be plenty of sound stock,
which will range In pric,e around 83.
Grape fruit and tangerines are coming In
moderate supply, demanding good prices.
Pineapple* are telling well at front 33 to
83.50 per crate.
Bananas, well colored stock, are rauglng
from 11.25 to 81.75 per huucli, according to
quality. . .
Apples are very plentiful, with quality
beans, will
from now on, owing to the freezing weather
in the growing section.
Country butter Is very scarce and In big
demand at from 22* to ‘26c.
Eggs ure getting more plentiful, • fresh
nenr-ny stock bringing from 31 to 32c\
Live hens nre In good deuinud at 36 to 40c,
according to size.
All dressed poultry Is lu moderate de
mand. prices ruling str
With the opening c. —.. r ...
look for business.along fruit and produce
Hues to be active at good prices
ATLANTA MARKETS
FRUIT8 AND PRODUCE.
EGOS—Candled, acttTe, 28c.
LIVE POULTRY—Hen,. actlYe. MH#Be
each: chicken, plentiful, 15Q2Sc each;
dneka. Pekin, 'tb: each; pnddle, SffWc
each; recce, mil feathered, tic each; tup
key a, aetlre, 14c ponnd.
DRESSED POULTRY—Geeae. undrawn,
aetlre, lOeilHc pound; turkeya, undrawn,
aetlre, 17&18C pound; hena, undrawn, ac
tive, 13c ponnd; dneka, undrawn, fancy,
16c pound: frlea, aetlre, 16c pound.
PRODUCE—Tenneaaee riba ana honea. Ic;
Tetinoanee aauanre, 9c; lard, 10c lh.; bnma
octlve, 14c lb.; ahoulderaaetlre, 10c lb.; aldea
aetlre. 10c lh.; butter aetlre, 150321U lb.;
haeawax. aetlre. *o pound; honey, firlrhe,
aetlre, ie pound; honey In 1-ponud block-
nctlre, 12c ponnd; cbeatniita nctlre, J3.00
huahei; dried applea, «c ponnd; white pea a
aetlre, $2.50 bushel; lady peas, 53.00; stock,
ll.40fil.60.
each; dneka mixed, aetlre. 56c each;
wild tnrkeya, settee, lie. ponnd; rabbits, ae
tire, 12Hc each; squirrels, aetlre. 10c each;
opossum, dreaaed, aetlre, 11c pound; opoa-
aum, lire, aetlre, Ic pound.
FRU ITS—Lemons, fancy. Meinena, 54.603
1.00 Itananaa, per bunch, culls, aetlre,
@ .00; atralfht,, $1.60®2.00. Pineapple-
a stock, per crate. 52.00. Orancea
• stock, owing to aiaa and cond tloj
on nrrlrnl, per Ikix. 52.0oji2.23. Annie*,
eholco Ren Darla, 53.26«3.60; fancy, I3.W
New York atate apples, w nter rarle-
(lea. choice, |>er barrel, tl.Wr4.j0; taney,
I34M.OO. 6 rape a. New York state. In 5-lb.
atoekf owing to alas and color, per box IL60
02.60. Limes, Florida stock, per hundred.
60 cents. Nuts, fancy mixed. In Jmxea. per
pounds. 12KB14C. Cocoanuta. hear} rultana.
Sack of 100, aetlre. at $4.60 aack. Peanuts la
lacks averaging 100. pounda each, owing ta
C, VeC,l?TAfillES^-Beeta.' cabbies crataa,
active. 12.60 crate: cabbage, standard crate-
— ponnd: cahbnge, barrela. 2c pound,
,-k* plant, nctlre, 32.00 crate: encum-
bera. 11.60 crate: tomatoes, fancy, active,
53.60 crate; tomato#- choice, »ctlra. 32.000
2.* crate; benna, round green. *2.50 cm c.
onion- dry. aetlre. 16c bnsbel: Irish pots-
toe*, nctlre. No. 1, 86®90c bttahel; celery
fancy, 76@86c bnneh; pepper- nctlre, 32.2!
crate: akra, six balketa. amal . KM crata.
raulltlower. active, 1010c pound; lettne*.
headril. Il.lw 2 drum; sweet potatoes, yel
low active, 16c bushel: sweet potntne* white
active, 60c bushelkraut, half-barrel, 33.16,
rutabaga turnip— iHc- Btrawherrte— ]$O40c
:rnte,
FLOUR. GRAIN AND PROVI8ION8.
FLO'JR—nigbest patent. »60; heat pat-
nt I4.W: standard patent. 34®: half pat
ent, 13.90; spring wheat patent. 56.
CORN—Choice red cob, «c; No. 2 whlt-
04o; No. 2 yellow, »7c: mixed, 62c; old crop
choice. 65c; old crop No. 2. 64c; new Tennea
aee white, 63c; crack corn, per bnahel, iOc.
nul!a J ..«ll.M. >|ce ollirpetl. 60c; Nn. 2
No. 2 mixed, 47c; Texas rust
proof, 54c: Golden note, 47c: Bnrt, 70c.
kiEAlc-Plaln water-groond, par b
lh
313-1: J
PRICES UNSETTLED
UBAL—Plain water-groond, par bnahal.
!c: bolted, HO-m.onil Jutes, l>»r bnahel. 60e;
horta. white. 31.10: madlnm. 3L40; brow-
3,)- pure bruit. 31-25: mixed lirnnd, $1.16.
HAY-TImothy. cholct large bale- 1125;
uO.. cnolca amnll bales, 31.26; do.. No. I
clover, mixed. 31.20: do.. No. I clorar mixed
1.15. Choice Bermuda, 90c. Chicken fee,
10-pnund sucks, 90c.
RYE—Georgia, 31.00; TenneMae. 30c. Bar-
**^h?aiiorB prteea ar* f. o. b. Atlanta
Section Director.
SOUTHERN EXCHANGE
Oldest Established Office South.
C0TT01 STOWS BOBOS—GRAIN
Ground Floor Gould Building Dally
markot letter and market manual
malted on application.
Must Opan an Inside.
Special to The Georgian.
Brunswick, Ga.. Dec. 29.—Under an
ordinance recently passed by the city 1
council, all gntea within the city limit* I
■if Brunswick must on or before Jan
uary 1 be so hung that they will open!
to the Inside Instead of opening oat 1
on the sidewalk—
HUBBARD BROS & CO •9 MERCHANTS
Atlanta Offices, 219-221 Century Building.
Members Now 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.
Phone* 454. Long Distance 39. A.S. Hustvce. Mer.
PROVISIONH-Siiprrmr ham- ISo. Dora
hams, 16c. California bama, 33.00. Dry salt
extra ribs, 9.0714, tiullle- 20.26 pound- 10.25;
fat harks, 8.00; plate- 8.00; Bupreme lard,
10.37(4; Know Drift compound, 8.30.
FI8H.
Bream, 8g7o.pound: anapper, 10c pound;
trout, sc pjun i; uiuo U,u. sc iiound: poro-
pano, 26c pound, mackerel 8c pound, mix
td fish, 6c pound; fresh wtner (rout, 8610c
pound; bar ahad. 60680c: rock shad, 26630c.
GROCERIES.
BUOAR-Rjanuara granulated, S3.il. Naw
York refined, 4\c; plantation, ic.
COFFEE—Roasted Arbnckls'- 111 JO; balk
In Imgs or barrels, 1344c; green 11612c.
RICE-Carollna. 4tt07Hc, according to th
Khredded biscuit, 16 case; No. 2 rolled
oats, 13 case. Hack grits, 92-nound haga.
11.86. Oyster- full weight, 11.76 case; light
weight, 11.10 rase. Evaporated applea The
pound. Pepper, tic. Bnklng powder- II
case. Red salmon. 16 caaa. Pink salmon
H.3S ease. Cocoa, 30c; chocolate 3ie: annt.
1-pound jnrs, 48c. Roast beef, 81.30 cafe
Corned beef. 81.30 ease. Cataup, 31.30 caaa
Sirup: New Orleans. 35c gallon; corn 28c
ter ic. unrrei canny, per pound, sc; mil-
fd. per pound, 8J4o. Tomatoes, 2-ponnd.
11.30 caae; 3 pound. 32.26. Nary bean- 12;
8 Limn beans, 5V4c. Best matehe- per uroa-
1.85. Macaroni, 6)467c |
Inca, mustard, 33.3 ease
I-10 rase. Prannts, 6t4c.
ton 13!4c. Hoap. 31.5hfN e,
Cross Movements Mam
Due to the Closing Out
of Contracts;
BOTH LONG AND SHORT
Natural at Year’s End-X 0
News to Account for Re
action in Reading.
New York. Dec. 29,-Today s renewc,
■eakqcss on. the stock exchange "oum
Rren°^ r8 ,o h ,5» C hB<l ‘"""bthate c .
erentfe to the money situation ti«
weekly bank statement, while It showed
an Increase of 35,790,000 In he '.
cash, and surplus reserve according,
rose 32.060.000. This Is rather h",p.r
than expected, and leaves the surplus
item nearly 11,000,000 better ..ff th™
at the end of last year. The main ref
son for the sharp decline In stocks
was found, no doubt, in the disquieting
25JS?k*. a 0 / J nore hou ‘ ,efl In trouble*
which gained some color from the
usual fact that aome large sums "f
money were borrowed on the floor ,'t
the exchange, when ordinarily there Is
no “money crowd" of a Saturdsv
Whether this was the entire cause or
not, tho decline went on steadily fu
tile entire session, converging more
particularly on Reading. Union Pacific
and St, Paul, but bearing down to a
greater or less extent the entire n«t
Liquidation outside of these stocks
was not heavy, but there was mti-
support and prices ended at the bot.
tom.
The market for the first hour «•,
unsettled and irregular, with trmnv
cross movements In' prices, the result
of closing out of contracts on both the
long and short side, natural with the
end of the year. There was no special
news to account for the reaction In
Reading.
Government bonds unchanged; other
bonds steady.
NEW YORK BANK STATEMENT.
The weekly utatement of tho New York
associated banks shows the following
changes: •
Hcserve*. Increase 8:\0«i.325.
Loan*. Increase 85.789,700.
Specie, Increase 82.fl9o.4O0.
Legal*. Increase 8H.NOfl.noo.
Deposit*. Increase 89,(562.300.
Circuit It Ion, Increase filtf/.-OO.
MINING 8T0CKS.
Boston'. Dec. 29. T Arendlnn 12*: Advrn-
tnre 5*; Oolncy 110; Cnllfornls and An
zona . 125; 1 tnh 62%; Tecumseh 29; Arnold
THE LONDON STOCK MARKET.
STOCK8 AND BONDS.
Georgia Railroad fis
Georgia 4**. 1916
Savannah 5*. 1909
Atlanta 6*. 1911
Atlanta 4*s. 1922
Atlanta Ac West Point
Atlanta Sc W. P. delientures...
t\ It. C. 1st Income
R. C. 2d Income
STOCKS
A inn I gn mated Copper
Atchison
do. preferred
Baltimore nnd Ohio ]
Chesapeake nnd Ohio
Chicago nnd fireat }Yc*tcrn
Canadian Pacific
Krie
do. preferred
Illinois Central
Kansas nnd Texas
do, preferred
Louisville nnd Nashville ....
New York Central
Ontario and Western
Pennsylvania j
Philadelphia nnd Reading 1
Southern Pacific
Chicago, Milwaukee and St. Paul. 1
Union Pacific
do. preferred ....
United States Steel
do. preferred ....
Wabash
do. preferred ....
MARKET SUMMARY
BY TOWN TOPIC
New York, Dee. 29.—While the hank state
ment today should not only show nn actual
lnerens4* In cash holdings, hut miles* sou)*
trick of finance Intervenes, also ii very
large reduction In the loan nnd deposit ac
count. we would dispose of stocks on a nr
further rally that may accompany today*
trading, nor would we purchase the general
run of stocks except on good recession*
from this level.
There has been some very good hurlns
going on lately in Pennsylvania, Baltimore
nml Ohio, New York Central. Louisville flo*'
Nashville. Coppct nnd Steel common, the
Inst three on dividend prospects, and
suggest that these Issues may he bought
with comparative safety on any moderate
*4>t-l>nek. though we do unt expect the mar
ket to right Itself In preparation for a pro
longed advance for the next few week*.
There Is also an Increasing belief that ei-
pectatlona of much easier condition* follow
ing the Jnnunry disbursements may «o»
realized that bullish Interest* nre predict-
lug. Consequently the Investigating
Iioth In nnd out of Wall street, will
for the most part keep aloof from the
market, tiellevlnc that they can 1»>. T **
least a* cheaply later on aud will he sarin?
Interest meantime. J
On any fnrther advance In cotton **
would take the selling aide. ,, ,
Wheat ultliqAtely should sell lilzher.-
Southern Exchange.
10S*
BANK CLOSING NOTICE.
Tuesday, January t,* Naw Yaar, is •*
laffal holiday. Tha banks coflipo«'"9
tha Atlanta Claaring Housa Associa*
tion will ba closed for buslntss on that
day. (
DARWIN G. JONES, Msnafl"-
JOS. A. M'CORD, Prasident. <
ATLANTA NATIONAL BANK
ATLANTA. GA.
£• - A - E - THORNTON, Vlc»-Pra8ldant
H. T. INMAN, Vlca-Preiident. qeo. R. DONOVAN, C*ihl«r-
JAMES 8. FLOYD, Asa’t Caahler.
Capital j 1500,000.00
Surplus and Undivided Profits $500,000.00
We Solicit Your Patronage.
L. H. Fairchild. 8. J- Whit*
L. H. FAIRCHILD & COMPANY.
NEW ORLEAN8.
New Ymk‘"u,f,? r ! , F n .,.h^ h ' n **' M * m New York Coffee Kxchamte.
StZ Orie.M R.oJk Si S* Nvw Orleanu Board of Trad.’.
Orleana s,oc LLxchan*e t 'hlcMo Bourd of T-Tade.
Private nr.. L VE «,? 0 v, C0TTON ASSOCIATION. , t r »•
i YORK nnd CHICAGO. Ordars *olIclte<lf r
lure deliver}, on above Excbance- B. C. COTHRAN.