The Atlanta Georgian. (Atlanta, GA.) 1906-1907, June 22, 1906, Image 11

Below is the OCR text representation for this newspapers page.

fluctuations narrow on VERY LIGHT TRADING. Nearby Position* in the Liverpool Market Showed Decided Strength. , With the exception of the strength shown la the old crop positions In Liverpool this ■rsing the cotton markets were feature* lass, unless extreme dullness can bo called • feature. i Present and past news, cuts no figure la ihaplug the course of prices, tin* «*u- f lre trsdo apparently expecting and look- ins to the future for the <-ue to enter the market for profits on olther side of the ■rcount that will bo worth tho while. Bullish week-end figures nre expected. This is • known fact, but la Ignored on account of tho closo proximity of the aew crop, consequently It Is without effect. Trade conditions are good, which Is nlso t known fact, but spinners believe there ret enough cotton to come Into sight : . over until new < uttou makes Its appearance, consequently spinners show ae uneaalnea*. The advice of people “who ought H kaow” to hold cotton for higher prices, and predicting that improvement was not •sir possible, hut highly probable, rood advice had not the holders pu. aiucb confidence In the price predicted. A great many well-to-do farmers not only held os to the cotton they had, but bought more; and as they thought they had a suro thing entered the speculative market and loaded sp with paper cotton. These people lost considerable mono* tlelr paper coton. Some are still ho( the actual cotton, which. If sold nt will show a corresponding loss. A .New Orleans wire says the market onriv was the dullest that has been seen la all the pretent dull period, with prices tending neither woy. Spot is quoted nulet In that market with the demand for tho better grades Bioderntely good. Net stock of Ct-JVPW _ 275 bales, against 61.692 last year. Amount on shipboard, 22,169 bales, against 28,256 last year; j ‘tom bay ..dust 4 — r — ...— shipments, 20,000, against tame last year and 10.000 iu 1104. The interior movemant, according to Sec retary Hester, la as follows: Total receipts, Athena and Albany, Ga., and Selma, Ala., not Included, 17,476 bale*, against 4S.381 last year. .Shipments, 33.161 laics, ngalnst 90,191 last year. Stocks, 210,- m bites, against 228,489 last veer. The overland movement for t J.974 bales, against 10,f* 1)04 and 2.249 III 1I0B. The inovemeut since September 1 has been 912,079. against 10,019,121 Inst year, 104,232 In 1904 and 1,063,915 In 3903. (lame Into sight for the week, 61,965 bales, siainst 117.SS0 last year, 25,892 In 1904 and U.W In 1903. Since Septambar L 10.B86.157 bales, ngalnst 12.42S.942 Inst year, 9,762,896 In 1904 and 10,* C4,674 in 1909. SPOT COTTON MARKET. Private Wire to Ware & Lein ml. Liverpool affected fnvornbly by rains, not confirmed, and developing strength In near futures. Lesaer-Goldman's weekly weather review: This past week has been dry. with season- •biy warm weather lu our territory, com prising southern Missouri, Arkansas and northern portion of Indian Territory, and the cotton crop has continued to develop In n very satisfactory manner. High water In the Arkansas river, caused by heavy rnlus In Its upper course, did uot do any damage, and reports from that section of tho stnte describe the crop ns being In hotter sbapo than It has been for several years past. Southern Arkansas hod some little mois ture, but n good, soaking rain would be welcome now In that region. F.lae where the dry weather 1ms not done any harm ns yet. and has been very helpful to those sections where grassy fields had been the complaint last week. We con only report wbat we said In our previous letter: So far, nil over tho territory, prospects aro good for au abundant crop. Now Orleans, June 22.—Cables are favor- able so far as futures nre concerned, tint snot sales of only 7.000 bnles nre not favor able. Futures were due 1 up on New Or leans and unchanged to 1 up on Now York. Private Wire to GIbert A Clay. New York, June 22.—Liverpool at 12:80 p. m. was 1 and 2 higher, which Is about as some days past. The finer lines of staple cotton goods show advances, and the prin cipal buying done Is for delivery forward from Janaarr. Few mills have goods for sale for delivery before that time. The that a clash would come between the opera tires and manufacturers which would shut off the production. about on an average. Was due unchanged to 2 points higher. 8pot sales, while. fair Market Is steady, with upward tendency, jwing to coutlnued lack of ralna In Texas and other portions of the belt where tbey A cron report covering southeast Mis souri, Arkansas and northern portion of Indian Territora says the crop has con * ‘ rtry satisfactory 'are good for an SLIGHTLY LOWER DECLINES NOT REGARDED AS IMPORTANT. Soon Evident Bear Pressure Was Not To Be Immediately • Relaxed. GIBERT & CLAY’8 DAILY COTTON LETTER New Orleans. June 22.—Foreign news was ►cart er today nnd furnished no Insight Into the causes affecting prices In today's session in Liverpool. Insofr- — “■* positions were firmly maintained nt on ad vance of from 3 to 6 points on the close, while the new crop months were higher by 1 point. Spot sales amounted to Jr UU-10. s&s&QF** pool—Quiet, C1KL Atlanta—Stead: New New , Liverpool—Qule* RANGE IN NEW YORK COTTON, The following Is the range In cotton futures In New York today: Last _ Previous Open. High. Low. Sale. Close. Close. Melius io.'it mk io!s> mo-1* ioltM, in, 10.42 10.K 10.41 10.41-42 10.24-11 4»l>. -10.20 10.42 10.40 10.40 10.44-40 10.44-41 Or,. ..10.30 10.43 10.40 10.41 10.41-42 10.40-24 K mo.45 ioiji mii iwo io!&a mu-3 Jin- -.10.00 10.53 10.47 10.51 10.41-52 10.47.40 5*h "lb!57 io!u ifc57 i&M io.5140 10.5455 Closed steady. llANOE IN NEW ORLEANS COTTON . open. High. Low. Hale. Close. <'los« lane .1&.75 10.75 10.7' 10.78 10.74 July ..10.S9 10.91 10.84 10.90 10.90-91 10.85-1 fa* .10.53 10.69 10.60 10.65 10.5549 10.414 *P 10.4340 10.44H Ort. ..10.33 10.19 10.92 10.39 10.K48 10.M4 i£ !!io!s7 it!bo io!k »!i» io.’S* LIVERPOOL COTTON MARKET. Liverpool, June 21—13:15 p. m.—Snot col t«a quiet, with prices unchanged. Mlddllti_ uplands. 6.12d. Bales, 7,0»»0: American. 6,Soft ^peculation and export, 7,000. Receipt*, ft* American, 2,930. Futures opened quiet Opening _ Prey Iona J une one-Juiy 'aly-Angui Uf-Sept. •pr.-Oct. tt.-Noy. jW.-Dee ’ 5.63 6.67 i*" Vrh 5.53 5.1* 5.51 i lodoi-Old crop firm, new crop quilt. TODAY'S PORT RECEIPT8. ►4s an 1.45 I.M 5.72 a?l l! 7P4.71 aSt« iStS IP The following table shows receipts at the jttrt! today, compared with the same day »»t year: Vw Orleans ..: J^lveiton Motile ... Baraoush Charleston ... wtlmlogton Norfolk .... * Baltimore ... ,,, ,,, 5f*ton ItiUdelphla ,,, ... ... "fonawlek INTERIOR MOVEMENT. Beuiton ... «|Mf* ffraphls ■J* '»uia .. tiBcinnatl ... ’ Total , j. ill_ ably strengthened In conseqnenct, and the * 1 net weather and iooj^pro$r pparently ely no eff( Prices, In consequence, upward tendency, but ther the advantage that natural conditions hnre created, and unless some change from the present weather conditions soon comes to pass, deterioration reports are likely to 140 received In sufficient numbers to scare the more unstable element of the large short Interest Into covering. . It Is entirely s weather market ami other influences that arise ere viewed with Indifference and are allowed to pass without affecting the ul timate tendency of market prices. market gathered strength gradually, al though waves of depression visited certain Issues during the forenoon, and the market displayed a ver - with on carl and the suspension of hearing! Interstate commerce commission there Is likely to be no Important action on the re* port of the commission until foil. This ap plies to the Eastern bituminous cool Inves tigation. It is not considered probable that! the president will act Independently of such matters, except In extreme cases, or under some new developments. Tho nar future of the market may lie favorably In-d fluenced by these considerations, but probJ ably not to the egtent of (nrftfng wide MMCfe flexibility In .up- of money, notwltluundln. I’ MlS ■ for Amerlcin kecoritlM openM^HH the French morkete. nnd the narrow re- ■ere. held by tbe N.w York hank. In nr- pin. with nar-by prepar»tlon«.for.flro.l that nn (inward morament would be encoup need by tba Unking lntere«tx. . WARE A LELAND'S DAILY COTTON LETTER N.w Orleans, June 22,-Th. only fMtnr. f today', cotton market waa the rood dc- .oand for apota. Future, were about at dull a* tbay arer bar* bean alaca tba cot- ton fntaraa were traded In tbla city, but that, waa an unmlattkable anap to •pot demand, which meant that big II eat. ware Ailing their naada. Early In the day It waa rumored that ona Ofthe l,rge«t „riii, In the Imttneae had bought 1,000 halea from a prominent f. n. b. home, and later elee aremed to Ja.tlf ir th. belief Jo total alea of about 4^00 bale, up to t o'eloek. Neither profeortonala mw outaldera took any Intereat In the future market, rrleee hardly flee to. tad. The Unit of tho wtek-end flgurea earn; bulllib. and the promlae waa for a hulup. tldbla aupply statement. Ilowarar, It will Mb. more than a bulllrt rWble aupp y •tatement to arouaa tba trrnla from Ita by. At the aama^tlme. If tba tlflMt 4y keep, on abrlnklng tha way lt k«a _lta and crop report, continue to grow unfavorable, the hall, may altlmately gat tbe Urge abort Intareat on the ran. New Torlr. June 22.—Following moderate weakness In the atock mar- ket this morning, which converted the laat bull Into a bear, a rfiort covering movement occurred In the afternoon, seemingly predicated upon several fa vorable features—namely, reported ad- lournment of congress next week and a rumor of tKb conclusion of the fa- moua ore deal. Moat of the buying appears to be for short account, but It was apparent that liquidation had. for the time, run Its course, and tha market, following the natural laws of reaction, turned upward with only a limited supply of stock encountered. GIBERT A CLAY ** C. ALABAMA _ BONOS. COTTON. CHAIN, corrcc. enovisiows MCHftCRfti ATLANTA, OA. By Private Leased Wire. New York, Juno 21—Today's early mar ket was distinctly more steady than yea terdny's, without there l»elng any particu lar innovations la the outside news, somewhat calmer feeling prevailed t tho significance of the week's developments In the steel trade, and the opinion was In clined to regard them more lightly than waa the rise yesterday. Nothing happened In such routine matters ns foreign exchange or money to affect operations In socurltlet one way or the other. The London market, reflecting the disappointment In our dent lngs of yesterday, sent In lower price* fni the American list. But the trnnftftctlniifl of the morning, which again were on a highly speculative, origin, were guided chiefly l*y the contrary views existing over the tech- iil-nl position. The Idea Hint yesterday's demonstration ngalnst prices was the work > r :i boar party \ *ty largely l.*.| n certain section of the professional traders to buy “for a turn" on the long side. For the same reason there was considerable cover ing of profits from stocks sold short on the preceding days. On the other hnrnl. press ure was renewed In the early dealings against Pennsylvania. Connor and Smelters and Heading tnndo tnditble progress There wns little change nt the end of the momln, .par The market was subject to etsuro of the first hour room traders nnd a number of outside operators were fairly large sell ers, and prices In the early trading sus tained moderate declines, importance wns attached t<r the continued supply of Copper, apparently from Inside sources, that carried the price of thnt stock down from 103% to 101*4. Conservative brokers said too much short stock was put out In the last two days, sml It will not be surprising If the market Is soon found to :b« neftvylly over* Governments unchanged. Other bonds flrs generally lower. 8TOCK 8ALE8. 11 a.tn. . it noon 1 p.m. . 2 p.m. .. ATLANTA MARKETS. Limes 75 to SI. - Bananas. 1 11.75. <’ii 11*. Strawherrb I stocked. straights. • per bunch 3L50 to , per bunch. $1 to 31.25. Strawberries. Georgia stock. 24-quart rates, 31.59 to |2; Tcnncssoo |1 to $1.50 rr crate. Watermelons. 316.00 to 320.00 per 100; de* ■KH-ffih AND fOUNTIlY PnODUCR - Live hens 35 to 37%c: fries 22% to 25c: broilers 15 to 22%e. Live docks, Pekin 36 to 35c; puddle 25 to.27%e. Dressed hens, per lb., 12c to lie; dressed turkeys, per lb„ 13c to 14c: very dull. Egg”, per doxen, 17% to 18c. f Butter, table, per lb.. 20 to 22%e; cook ing, per lb.. 12%c_ to iic. Honey—New lOlOc lb.; In 1-lb, racks 10 ^VEGETABLES.—Irish potatoes, No. 1 stock 34.00 barrel; No. 2. atock 31.00 to 34. ^Beets, cabbage crates, per crate 32.3 to BeenA green, per crate, 10 to 75c. Squash, yellow, 31 to |1.3; white 76c to 31: market overt locked Torn, new, 15 to 20c per doxen. Okra, per crate, 31.10 to 32. Caeambere, per crate, 60 to 76c, market Spinach 31 per bushel. Asparagus 12% to 15%c nunca. Peaches, per crate, II to $1.60. Cherries, 24-quart crate, 32-50 to 33. Cantaloupes, per crate, 32 to 32.50, lllarkberrfee 1& to 12%c quart. Dewberries 10 to 12%<* quart. FLOUR, GRAIN, PR0VI8I0N8. -tOCR.-Peer patent 36: font 14.10 l 1 “* patent Amalgamated Copper * Atlantic Coast Line , American Huger ltefiulag..., Anaconda American Locomotive do preferred American Smelting Beflulng do preferred Atchison ’ • do preferred American Cotton Oil * Baltimore nnd Ohlou Brooklyn Rapid Transit • Canadian Pacific..' Chicago and Northwestern.......,., Chesapeake nnd Ohio Colorado Fuel nnd Iron Central Leather ......* do preferred. Illinois (Yntrnl Ann-rlonn I.Securities Louisville and Nashville Mexican Central National Lead Northern Pacific New York Central Norfolk nnd Western Pennsylvania People’s Gas Pressed Steal Car do. preferred Pacific Mall K Rending Republic Steel Rock Island... do. prefer red * United States Rubber..., do. preferred........... Southern Pacific Southern Railway... do. preferred SIobh Sheffield Tennessee Coni and Iron Texas nnd Pacific Union Pacific United States Steel * do. preferred Virginia Carolina Chemical.... uo. preferred Western Union Wabash do. preferred.. Wisconsin Central do. preferred 102*4.1 103*» 101*41 103%! l(B%| 102% 141 141 14**% 141 I 14l*V Hl% 133% 132% 131V 13-% 132% 132* 2« 245% 2o‘% 245% 244%' 244 69H 70%; 69 70%i 70 69% ....71 ..... ..... . ... 115 114% 147% 14h% 146%! 14N% 141% 14S% 116 \ 116 116 Hi 116 W'% 1 w»v **% rntfc! s5 103 103 I 102% 33 32 r 11R ! 11S%! Ill 79%, 81% 79% 161 161%' 160% 161%* 1«1%[ 161% 1 1 ^ 900 300 1 200 Tl - .. m\ ov«b| 02% 50 39% 39% 39*4 54\| C0%| M%1 60%| 60 I 63% «%l 42HI 43%* 43%( 43 te 1 eo 1 1 teiIi *r*iA TIPS FLASHED From Wall Street Private Wire to Ware & Loland. London heavy on Americans; get market Irregular and unsottlod. Prealdent Gary any a the question of 11 nsw bond Issue by United States Steel will not come up this year. conditions In Iron nnd atnl trade, but late selling of United States Steel Is believed to have been for Insiders. Selling opera- Up ii va- ^ k. H— *-“ * — buying may be encountered In Steele, Cop* pere, St. Paal. Union and other active stocks. Freo liquidation will tone up tho market considerably. Th* 1 •■■it In Iron prices and narrowness of market should make for unsettled condition, and we oxpect somewhat lower prices for Jf _—_ _ rom Washington that tho “trust buaters" will announce some Important mores today. 8timmnry of yestorday's stock market by Dow, Jones & Co.: 4%'a* represents ft »5-point dii(ln."in Inttrborou,b .lock. Wrxt.rn rnsd. .bow notlerobl. dwrllnn In f*nml bnalnro. .Inc. June J, and o.p.- pnlrnt 75.10: half imfont i- fnnt-v I3.»>- sprtag wheat Market itrong. re re<l coh 75e; Nn. 2 wlilto le; I»n. I rillow 7fc; mlxwl 7fc. OATH.—Choir, wblt. rllppvd tie; choice I 11.05; do., , No. i Jl. No. 2 clc tlmothj bale., rlo.cr mixed ^I.OVBR.-Cbolee Me. The above prices are f. o. b. Atlanta, and subject to 1 m q 1 ^qqgpjgfg ance * SUOAR.-Standar*I granulated 6c. New 1 ’ork Refined 4*4 to 4*s! plantation* 4 to 4%c. COFFEB^fioftfttftd Arbuckle'a 115.60; hulk. In laga or barrela, 12%c; green 10 to *>. Market weak. _ RICE.—Carolina 4% to 7%c, according to grade. Market very atrong. CHEE8JB—FftW KBS XoUlbxVM I'.t JJ'-ke. TM. pl*t«« He. flupreme bird 1,. Hnow Drift com pound 7!t NEW YORK COFFEE MARKET. The fnllowlnz teb»e lire, tbe opening .'I ekMlnx qpolnlloii. for eolfM for fntnr* d.llrer, tad.. In X4, York: Opening. Jenaerj.. .. .KSS' CW ' r.brusry Mxreb P':::::::::::: Jane.. .. .. .. ..... July August.. .. September.. October .. A’ovember.. .. .. .. [Jecember.. .. •• *. ., Closed steady. 9J04.36 9.404.45 There wu tome very food buying In ■pecialtlss and these gave the Initial strength to the -general active list. We do not see anything to bring about a bear campaign If the steel trade and general business not on the down grade and the highest Wall street and trade circles are authorities for the statement that no signs of this kind are In sight. Remain in the conserva- ' five trading position for the present Western reneral bi 1M99 June dally since Twenty-three roads for second week of ‘modules^were unchanged! Pennsylvania's loon in Paris Is tbs prtn clpal sourca of weakness in exchange, but no noceslty exists for gold Imports. Twelve Industrials declined 1.45 per cent. Twenty active railroads declined 1.30 per cent. Private Wire to GIbert * CI«y.‘ New York, June 22.-Danlel Odell A Co.. We would buy standard selected storks near tho opening or on any weakness today. Sentiment Is extremely confused and can not be depended oa now n* a rule. Either tho stel trade la starting on a decline nt something hns been hanging over the mar* ket. That thereto?* appears to be that the congress Is still tho vital polut, with other fentures of an adverse fancy only trailers, ouch as the crops, steal rote cutting. KuhsIiiii troubles and money flurries, although tho tuonoy situation aeema greatly improved nnd gold Imports probable nnd a good bank statement nrosnect for tomorrow holding great possibilities of short rovering today. Unless there la going to lie a decline In gsnqral business wo cannot seo why tbe stock market, which Is weekly becoming more attractive to Investors, should enter a boar campaign. MODERN MILLERS CROP REPORT. Chicago, Juno 21—'Tho winter wheat hnr vest la progressing with little Interruption from unfavorable weathar. Where threshing Is completed or going ou the returns am nbovo expectations. The fine character of tho wheat Is especially rommented upon, the test weight being heavy nnd milling HHMHllMBHlViNiMli me 1 tb are regorded ns unsatisfactory. COTTON SEED OIL. June ... July Remember October November ... ... December ... ... Closed steady. THE METAL MARKET. By Private Leased Wire. New York, June 22—For the first time In many week** a change was shown In * Jes of which were reduced The export business, bow* u . and. .la was strong at nearly %c advance In apet and nearby asilveriss. Other com- LOWRY NATIONAL BANK CAPITAL, SURPLUS AND PROFITS OVER ONE MILLION DOLLARS Foreign Exchange, Travelers’ Checks, Brown Brothers' Letters of Credit available in all parts of the world. • Prank Hawktn., Pr„ld,nt. ... if. Atkinson. V. P Joseph A. ilcL'oro. Ca.bl.r, Third National Bank Capital .... $200,000.00. Surplus . . . $300,000.00. e Dr. A. W. Calhoun. Ml!ton Dnrgan. John W. Grant. Y. McCord. DIRECTORS: Frank Tlawklos. If. M. Atklnsoo. Joseph A. McCord. Private Wire to GIbert & Clay. Chicago, Juno 22.—Judging from present conditions of tho aupply nu mnnd and following former speculative precedents, the price of wheat looks high, lint tho fact It, we aro establishing new precedents, wo nre not aide to sell the fanners' crops In advance for him. have had a pointed Illustration of this lu tho recent sharp corn Advance. While wo may rslgo a largo winter wheat crop ami while It may be In n |>n«ltlou to rnovo ••ally, time |« no guarantee *>f n !mi\\ movement Irrespective of prtco. The spec ulative temper la much more sensitive tc unfavorable rather than favorable rondJ tlonn, ns ban been evidenced the ,>aat two days. The trade Is broader. We believe the long aide will be much tho safer until[ the spring crop Is nssured. pectedly _ I for cargoes off mast and on light Argentine shipment* Weather northwest continues cold. Indi cations sro for continued cold and showers tomorrow. Oats—Trads limited and mainly local and professional. Market sternly. light ac- plto the lower Valentina Just bought 900,000 July wheat. Minneapolis wires: “Cloudy and cool o* tin- northwest nn*l (’mnd'i S**me tin-e rain. No mmplnlnts regarding crons of serl n It'll-.' I."\v b*I .is nut doing u.'II, and there will be constant unfavorable rc message from Lincoln. ,*ueat harvest commenced, .|uaii%/ «*j ctUent; yield will bs about tho average. III., reads qunllty ex cables. Ou the contrary, cables are Offerings of new wheat aro very light. Wl think everything points to a higher wheat iua advTi ‘ market find advise our friends to buy sumo mention, but It linn Isngs arou tbe day, then goes down. Wheat trade small nt the opening. Home selling by local longs who did not get out last night. Hunt hns tnkAi bold of market and shonld advance It some. 8t. PiHil wires: “Cloudy and eool; nil steadily from 11 a.m. yesterday to 6:90 p.in." Comstock and Logan fair sellers of wheat. tember wheat. hns bought 400,000 Hep- STOCKS REVIEWED BY NEW YORK SUN New York. June 22.—Tho New York Run •sys: The action of the market proved pretty clearly that there haa been a bear clique at work endeavoring to bring about lower prices nnd force llmildntinn. The ex istence of such a clique bns tor some time been anspeeteil, but that It hns achieved ~iy Important measure of success up to Is timo seems very doubtful. The B*~i Ing here did not ronm up to Londn some of the i,rtlve Issues, notably Haiti more and Ohio, from which the start woi affected by reallxlng sales tor the account of speculative Interests which bad bought several points lower down In the liollef that even If no Increase were made In the divi dend rate the atock waa not particularly dear at the level prices then ruling. Busi ness had not been In progress more than n few minutes when United Htntea Hteel yielded to pressure nnd tbe decline In tho atock bod the effect of unsettling the en tire market. The selling wns ostensibly bused nq the shading of (trices tor fonndry J.000 thnt f* tfaie t# the oppllcntlou of surplus earnings for thnt turposo and (lint the raising of new money (trough the Isene of securities In any f« not Imminent.—GIbert & Clay. RAINS WERE VERY LIGHT IN DROUGHTY DISTRICT New York, Jane 22.—Tba Hun says: ports of rains In Texas and of dry weather east of tha river, the particular conditions whkh are marb needed In both sections. Tpct. though ... m jtberu Texas waa scarcely touched by the rain. Tests and Louisiana were both dry and hot. Ar- itteas. however, nsd beosflrtel showers, iverpool was a little disappointing, how ever, end some room traders were more dis posed to sell, vet It wns not altogether plain tailing tor a bear. Spot activity continues n Lhei pool. Homo 12.6)0 bales were sold here. No rain wns predicted tor tho west- ern belt, and so far as can lie learned only r where In Texas. **ui■>. Hiruunrfl. r»«-ull!, I<ee, Gwnthiii<*v nd U'eld were buyers, nnd tho selling wns scattered. New Orleans bought and Liverpool sold. Tbe advance In wnges at Kail River district looks as If the condition of trade at that point was encouraging, whatever tome of the beers may nay to the contrary. Thnt they are good In Lnn MflftflM to $ .toe* beyond duoats. Tba market here Is largely a weather affair, but unless Southern Texas gets good rains the t#adeo<7 of prices will be upward."— GIbert A day. New Orleans. Jana 21—The Times-Demo crat eaye: "Home further liquidate ' * Interest niuf r " ' IE IN WHEAT WAS RATHER LIGHT TONE STEADY AND FIRM AT OPENING. Started a Fraction up with Com mission Houses Fairly Good Buyers. By Private Leased Wire. Chicago, June 22.—It wan a bear do? In coarse grains, and after fighting persistently for hours tho bulls were made to take a back ae&t In the w heat pit. Tho Modern Miller’s report over balanced all else In tho way of nows. It tobl of tho excellent quality of tho uhent now Wing thronhed nnd of the yield exceeding expectation* in many Instance*. Tho black rust report* that wen* sent in Thursday, and reit erated, wore contradicted by good au thoring in th.- i minty sending th# dnni.igo mm* Wheat closed unchanged to 1-849 l-4c lower, corn l-4Q9-8c off, oats 1-9 01-2c lower and p%*vis|ons oft 30c off. Oi.di Hrtlcf s,<• tm> wheat, f.n.nOO corn and 56.000 oats. Primary receipts, wheat 294,000 and corn 671.000, against 232,000 nnd 681,000 respectively n year ago. Clearances, 61,000 barrels flour, no wheat; 105,000 bushels corn and 155,- 000 oats. CHICAGO GRAIN MARKET. Tbo Chicago grata market ranged ns lows today: Open. High. WHEAT— July. . 83% r.\ Kept. . 84 84% DW. ., MTs * CORN- fit.; 1 l-i OATH— July. Hept, I/)W. Close. Close. pink- 5 ® July. .lT.io Sept. .16.65 LARD- m-m dtTtif* Oct. 99% 1.90 *.n% 8.77% & It :. : Sit . 6.95 9.2S :Jh red. i *io, ?*uMc; No. 1 northern Mprinur, k»<^h6cj No. 2 do, w4f*6c; No. 3 *i>rlng, 8vQ‘t'x*. 17,a LIVERPOOL GRAIN MARKET. Wheat opened unchanged: L30 p in. %e higher; rinsed % Cotn Opened %c or; closed %r lov '"in" Si Llxll, n»«r; lXt p in. N0RTHWE8T CAR8. I’nllmvh.g table gives tin* lu»rtlnv of groin today, last week and Inst Today. Week. Year. PRIMARY MOVEMENT. The following fli iv lies the primary today, '/‘t.'rto bushels. Wheat—ft ngnlnst 332.000 hnshel irnts today. kC'i tmabels, against 174 *> liuahels Inst yeor. Corn—Receipts today, 671,000 bushel, jrslnst Kll.txd bushels last )enr; shipment t*.*I:i* , 117/m) ImsIiHs, against 367,W bust ela last year. BRADSTREET’8 EXPORTS. fnlbmiag figures glvi* the weekly Istreet's export on grain: heat nnd flour today. 1.76I.OOO hushds, a Inst 2.8J).0f» bufbets last year; in ir*>4. asiilns 978.09) bushels. Corn today, 6M.000 bushels, 000 bushels lost year, and In bushels. >Sfi' A cure for seasickness, which a Ger man doctor soya he ha* discovered, consists In the sufferer lying on his back nnd having handkerchief* soaked In hot water twisted very tightly round his forehead. •nd many men hellers It will crop deterioration during June Lslfod. ■Ty Interest and a small measure of short ie|||rg. engendered by the rain marks ie lexas westlur map. slaved off sta« b< tnlen public vision st IJverpool dispelled most of tbs ssppolntmeot Involved at Kaw Orleans. Tba outlook, however, baa undergone no change. Crop weatbsr la good enough, hnt no bstter than It should he. Tii* Texas drought has been broken In isolated spots only. CooevisnUoa coatlnnes at the lively pace. The public Is not at all con cerned with the situation and professional* generally have tired of the 'do* oat dog* program. For tha moment, the game Is not worth fbe candle, and valuable opinion, be ing circumscribed by tbs obvious. Is neces sarily limited to sage and somewhat trite observations which every one readily be- lleves. bat no on* longer cares to hear repeated. Meanwhile, the attention of room traders Is begluulnc. *n o Inzj to center In the tortheomtof I SOUTHERN EXCHANGE Oldest Established Office Routh. CO non- STOCKS MIDI —Mill Ground Floor Gould Building. Dally market letter nnd market manual mulled on application. L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS. GRAIN CorrespNtMt's Capital 1250,000 RCrCNKNCE, THE NCAL BANK SHONE MIT. PRUOCNTIAL BLOG York s;o-k BxekucfltK** QKmu CMtM BxAfl^inaoa* BMrt.fW.4a. ]pl | Mt ;» b*5ro .rtw.l list jror: O.l- p* York Cotton E.-hin? Or'-.:,, fltork Exoh.ni)- ”22/nptfU W to 1M» bate.. nx*tu«t York Coin. Ei. h.u5':N« Orir.n. Bo.nl of Trofl.. '..jTr.ion Cotton t.x. n*„«-1 ^ talw u, t yr»r: Ilownoa o- l-rt-.t. Wirr. to .11 Excll»B*M-_ „ p—ts.M* .*» * • t ". •F'l.xt -.< > 1 ■ 1| *» Ltd and Ltna Dlitsnc. Ttl.phsn. 5291. „ W. R. FAGAN, Minsq.f. ottuol last fmt, Tliofl. J. rEF.n.r.ft. c..bi,r. I At* A,, t Cn.i.i.'r MADD0X-RUCKER BANKING CO. CAPITAL $200,000.00 SURPLUS AND PROFITS .... $500,000.00 ACCOUNT* INVITED We Invito accounts of individuals, corporations, banks and bankers and offer the best terms consistent with conservative banking. In our S.Tlnfl. Dep.rtra.nt we allow Interest at th. Rat. of 2 1-2 per cent. Compounded Sem!-AnnuaJljr. WARE A LE LAJN O COTTON, GRAIN, PROVISK5NS, STOCKS, BONDS, ga. 2 Will St., y«(«rf lui/dfaf, ftffatfa, 0$. MIMBIKS: Chi(«f« Bosrd $f Trada. CHiajo S(a<4 f j<*a*0t. Htw fork Cotloo fidiflfi. »Mfvr. rdfho Horn Orlotnt Cotton ti w _ llttffool Cotloo BttoOotioo. rrlnto Wlrot to Htw fork. Mow Orlooot, Chletfo. B C. COJHKAH. Masai Stoodori rkooo 25k PIEDMONT BROKERAGE CO., (Incorporated.) Basement Floor Piodmont Hotol. STOCKS. OONOa. CRAIN. PSOVISlONS. INVKftTMENTi, Fast Wire Ssrvico from Now York, Now Orloans, Chicago. CORRCAPONOCNTS M. U. RACK A CO.. AS BROADWAY, NEW YORK tow. HOTIt, Id toot or. loroloodLoot Qiilooro Boll Hoop f>ft.