Newspaper Page Text
JOSEPH B. LIVELY!
THE GEORGIAN’S RECORD OF MARKETS AND FINANCE
Mr. Lively'* 25 years' experience
>{ editing markets In Atlanta and
the South hns mode him a» rec.
ogulzed outhorlty In bin specialty.
SOME LIGHT RAINS
WERE WITHOUT ADVERSE
EFFECT ON MARKET.
Trade Very Light, Though Ten
dency Was Toward a
Higher Level.
Light rain* nnd Indication* of more In
Texas doe* not adversely affect the market
for future* In New York or New Orleans.
The rainfall *o far liaa not been general
and while a low barometer hat appeared In
the state, It Is not A certainty that more
min will fall.
The rainfall In Texas, aa reported up to
12 o'clock, la •• follows: Abilene 1.02; Bee-
tIIIc trace; Brenham .06; Corsicana .20;
Ctiero .04; Dallas, trace: Longview .02;
ruling .04; Mexla .06; Nachadoches ;10;
Palestine .06: Sherman .30; aco trace;
Wiixahochle .02,
The western Texas forecast In detail la
as follows: ■
rltorles partly cloudy weather with show
and thunderstorms and cooler weather.
The Liverpool market was better than ex*
MTted in that It did not folly respond to
Kew York’* decline on Saturday.
At the close future* were 2 to 3 points,
while spot* were marked off 6 points to
6.14 on sales of 7,000 bales.
The New York market opened unchanged
to l point higher, and for the balance of
the session there waa practically nothing
doing. Speculation la dead, for the time
Mug nt least, about the ouly factor belli*
the continued liquidation In July and until
that option la out of the way, and the mar
ket assumes lta normal condition, specu
lators to a great extent will hold aloof.
t\ i>. Freeman A Co., New York, In their
elreular letter today, say of the market:
"Today we are at the beginning of tb
culmination of the liquidation of July, an.,
with It premiums for the new crop are
being established and the selling position
more secure. While July was at an abnor
mal premium over tho new crop It was
only natural that October add December
should not decline, but from now on, with
the continuation of fine crop prospects, we
are likely to drift to lower price*. The
Julv-August manipulation In Liverpool
might succeed, so might the July In New
Orleans, but the grounds for their success
are purely technical aud do not redect
merit or the economic conditions. The new
crop |>osltlons must be Judged and valued
by themselves. Lower prices seem Immi
nent. but a seller mast bare patlenco and
NEWS AND GOSSIP
Of the Fleecy Staple.
,»l I down to 10.10 after opening 10.22. Tho
nrtv crop inontb, (bowed n lou of 10
(M tlllta.
till, morning opened Heady, unehan,
to l point higher. Shower, at aereral point.
In t™» Inat night were expected to pro
mote a lower .tart, but the big abort In
tercut la the late month,, coupled with
itrndi" rnblea from tha market at I.lrerponl
aiutalned the Hat, and after the call It
advanced n point or two orer Saturday’,
dime. The market at New Orleana opAied
practically unchanged all around.
SPOT con ON MARKET.
AliniiIn Tinny, 1013-16.
New York— Steady, 10.80.
Now Orlcnns— Kanr. 10 15-16.
Liverpool—Easy, 6.14d.
Augustn—Steady, ll%c.
Savannah—Quiet, 10%c.
St. l^xils—Qalet, ll%c.
RANGE IIN’ NEW YORK COTTON.
The following Is the range In cotton
futures !u New York today:
jam- 'i'f.25 - io.1T iaS'ETa jEfiWi JftjMj
16.22 10.31 10.10 10,13 10*11*13 10.21-22
Private Wire to Olbert & Clay.
/S*. *—Uveruooi at 12 JO
m. waa 3 poluta lower on tbU crop and
«!,“! i .° n next Wa* expected to be
and 8 lower on th!g,and 4 lower on.next.
« E ^ e P. t * or continuance of the Jnly
liquidation, the market Is featureless. The
now crops are growing dally more vulnera
ble, and lower prices seem probable.
The Journal of Commerce reporta cult!
yatlou of the.crop In North Carolina de
layed aud labor scarce, but with fair
weather correspondents think the crop will
be nearly all sated, rinnts nru generally
healthy and growing rapidly, but many are
>• a, mi uimaut ii u •uaiitj ucurr
xpeotod, being dne 5 points lower on
nd 4 lower on new crops.
There has been some little buying owing
to continued absence of min In the drouthy
section of Texas, but the market Is very
narrow and uninteresting.
Today’s map shows light ... ...
scattered sections of the belt However,
the drouth In southern Texas remains un
broken, although a low barometric pressure
to the west or Texas may bring some wet
ern Mississippi, 400,000 bales In southern
Louisiana and 300,000 bales In western and
Icentrnl Texas. In addition to this, an area
f producing 600,000 bales In southern Texnal
pi' n state of injurious drouth, so that tb*
week’* developments have been unfavorn
lde, though not necessarily Injurious, oven
8 per cent of crop and Injuriously hot and
dry over 5 per cent, and favorable, though
with a wide range of conditions, over 87 per
cent. There Is an area of ldw pressure cen
tral over northwest Texas which holds
promise of showers for that state, wblch^H
realized, would be beneficial. While ItPP
not unlikely that showers will attend tho
eastward advance of this low over the en-r
tire belt, there Is no decided Indication of
rain, which Is favorable for the Atlantic
states.
Private Wire to Ware A Leland.
New Yorkr June 23.—The next govern
ment report, to be Issued on July 8 at
noon, will bo dn the condition of the crop
up to nnd including today. The rest of the
week will not be considered In the report.
The local market takes It for granted that
the report 1s going to be bearish: anything
but a very bearish report would be a great
surprise to most Of the New York prefe*
"Small market;
Aug. .10.31 10.» 10.20 10.20 10.19*20 10.81-32
Kept .10.35 10.36 10.23 10.24 10-24-25 10.31-0
Oof. .10.35 10.39 10.25 10.27 10.25-27 10.84“
Nov. .10.44 10.44 10.84 10.84 10.28-29 10.J8-
!>«-. .10.41 10.44 10.33 10.33 10.3W4 10.40-
Jnn. .10.45 10.48 10.81 10.16 10.W-W 10.44-45
y»h. .10.43 10.45 NX43 1045 30.39-41 Ml44-46
Bch. .10.52 10.52 10.42 10.42 10.44-45 10.62-53
Clused steady a^ the decline.
RANGE IN NEW ORLEAN8 COTTON
Tht* following I, tho range to cotton
future, In New Orleana today; _
, Lo«t Pm.—
Open. High. Low. Bale. Ctore. Cloae.
...... ..... ..... .....
July .10.70 10.86 10.62 10.61 10.1
Aug. .10.48 10.61 10.44 10.46 10.'
*«*pt .10.40 10.40 10.40 10.40 10/
10.61
10.69
10.80-81
10.1142
___ __ ____ 10.42-44
.10.28 10.34 10.21 10.22 10.21-22 10.g-»
10.23-25 10.90-32
.10.32 10.37 10.24 10.26 10.25-2$ 10.32-33
.10.37 10.42 10.32 10.32 10.32-33 10.38-40
LIVERPOOL COTTON MARKET.
Liverpool, June 25.-12:15 p. m.—Spot co
tun quiet, with prices easy. Middling up
land*. 6,14d. Kales, 7,000; Amerlcau. 6,700.
HiNNMilatioB and export, 700. Becelpts, 2,300,
«ll American.
Opening- , Previous
ICange. Close. Close.
5.874.C 5.89 R.ft)
5.944.82 6.S6 5.87
June ........
Jun.-July
Julj August
An*.-Kept
K.pi.-pCt.
*h-t.-Nnr.
Nov.-Doe
D-v. Jnn
Jan -Pel,
Peh.-Mareh
Hotted ateady.
MM.n t.efn iw
5.71 6.73-5.74 6.74
i. 644.43 6.44 6.tT
5.59-5.63 6.53-5.30 6.63
6.63 6-6M.il 6.61
6.64-6.6? 5634.63 561
5.63 6.6M.30 563
6.304.61 6.33
„ TODAY'8 PORT RECEIPTS.
Tho following table ahewe receipt, at the
N>* Orleana
baheston
BoIiIIh
Savannah
rhar'.-Rton „,
bait! more
t' Vork
Philadelphia
rami., coast
Total
IF
IKS
1867
’ioo
INTERIOR MOVEMENT.
ItanstoQ
A'iiri*ta
Bpinphig
Louis
‘JrHlunati
Total \
i
L. J. ANDERSON <L CO/S
DAILY COTTON LETTER
Now York, June 25.—No rains In Texas
to amount to nnythlng materialized orer
Sunday, hence the local market displayed
a better tone after the opening today. In
addition to covering by disappointed shorts
there was some buying for Investment by
Interests that argue the decline has gone
far enough. It la known that there ts
now.-a.large, short*Interest In July and
aa the bulk of the long Interest has bceu
liquidated It may be that tho market will
In? turned against the shorts at any mo
ment. However this may be, prices around
10%c t with a doubtful outlook atid a large
utipply needed, do not look unattractive,
and a drive at the shorts could l»* manipu
lative with comparative ease. The market
today baa been ateady, but very quint.
Trading Is confined mainly to the profes
sionals, but even they seem indisposed to
make any further commitments Just at
preaent. k
PIEDMONT BROKERAGE CO.’S
DAILY MARKET LETTER
New York, June 25.—Cotton—Liverpool
‘s this morning came *
urns, and smaller sp
Liverpool spot mark
, ts last week, while
market declined 20 poluts.
with advances of 1
slonal trading at present In the market.
Ho far as conld be learned it seems as
though one of the Mg July sellers of 8at-
urdsy was buying that month tola monflu*
and there were rumors of a new bull
pool of certain English and New York In
terests. Fears of July liquidation was only
factor promoting t>ear pressure against late
months. July and August held steady aa
a result of covering aud absence of llqul-
Stocks—The stock market hat resolved
Itself Into a discouraging, perplexing mar
ket. It Is strong and ouoyant one day,
* * “““■ ‘he next Kentlment Is
and no activity or In-
public.
and demoralised the next Kentlment Is
generally bearlah, and no activity
tereat taken by the apeculatlvp pi
Trading la entirely professional. Tht .
cently Increased dividends on a number
of leading Issues and talk of an early divi
dend on Southern Pacific should Influence
better prices. The better crop reports from
the west has provided no stimulus to trad
ing. Yet we think stocks are a better
purchase now than for some time. p
NEW YORK TALENT RAIDED
HIHJULY MERCILESSLY
Ini tender, of nndealrnble krade,. the Ne-
York talent raided July uerclleMljr. while
the nromlae of raina orer the dronth nee-
tloa of Texan neat ■neeulators of the new
erop poaltiona Into the arena again. Mean
time the logical effect of tha week-end nU-
Motion faded Into thin nlr. The week
brought to light no market fneton of «pe-
e111 Importance other than the promlue of
a aplendld crop In the New Orleana terri
tory. The field* of Mlsaltaippi. Arknua*
and Louisiana are reported la moat excel
lent condition, and In a fair way of read-
juatlng the yield dlatnbntion which waa
■’irown aU oat of balance laat yi—
On the week New Orleans WL
.jMilIfng spot* nod 33 points on the July
option.—Ware k Leland-
ESTIMATED RECEIPT8.
New Orleana expect! 1.700 to 3,100 hale*,
ralnat 56*4 netual Uat year; p-’
ooo to 3JM, against 3,060 aetuat ,
limi,ton 3,600 I, 5000, against 5U0 aetnal
last year.
THE DRY GOODS MARKET.’
By Private Leaned Wire.
New York. Jane 25.-The dry good* mi
ket waa quiet today. The tone of the trade
mprored hy the recent rerlalon* of prices,
and a larger morrment la looked for.
GIBEIRT & CLAY
'* 05 ALABAMA BT.
STOCKS. BONOS.
COTTON. CHAIN.
COFFEE. PROVISIONS.
MEMBERS
ATLANTA. OA.
Stock ExchangeIN»w Orleana Cotton Excha-.xc delation
Cotton Eirhange.jNctv or?^: i 'couon
v. Jerk evoca
■ lark Cotton ,hwi,i _
-re York Coffee KaebanJ-- Xow OrUana BonnJ of Trw
1-rDatc Wires to all Excbang-
Lacil and Long Distance Talaphcn* 529*.
wi R. FAGAN, Manager.
MADE SOME SLIGHT FUR
THER LOSSES EARLY.
Supply of Stocks Exhausted After
First.Hour, and Upward
Movement Set In.
RANGE OF NEW YORK STOCK MARKET
By Private Leased Wire.
New York, June 26.—The week on tho
stock exchange opened with tho same un
certainty In trading circle* that was the
chief Influence Ust week. Bo far as put
able development* were concerned, there
was nothing uew to Influence speculative
calculations. The foreign market* displayed
much the same hesitation as our own, and
Irregular change* from Bfttnrday. were sent
over for American stock*. Duriqg tb* oerly
dealing* local moreihent waa again very
much confined. Some sharp, decline* ot“
curred In the minor«Issue*, where, a* In
most of tho Important railroad lssnes, rath-
whole were well suntalnod
the morning. It could be. said thi
wa* very little liquidation, and ci„._ ...
a few fncousequeutlal stock* none of an
urgent character, nnd on the other hand.
It nad to be admitted that offerings were
cry free on the rallies.
The stock market opened at geueral net
decline*. Anaconda off 4; BnieTtlug down
H. Baltimore and Ohio and Car Foundry
off %, Brio and Northern Pacific V4 and
Pennaylvanla and Union Pacific %. Amal
—nated opened U lower and declined M
__ addition. Koutheni Pacific waa an ex
centlon in advancing at the ontaet U.
It was generally remarked that the trad
era and outside speculator* came down town
thl* morning to sell stocks. Under the
— - *• *- — >ened
though, and a demand appeal
early decline* that en*ily
hsasted the supply of stock* nnd forctnl
an upward movement liefore the first hour.
There was a better local business than ha*
beeu noted for some tiro
commission houses were
of the market.
Governments unchanged,
strong.
8TOCK SALES.
294,180 ,harp,
442,600 «haraa
1 n. tu.. ..637JOO share,
li;fi)jfu..6.D9ETAOIN8HRDLllKTA01NUN
1_p. 681.400 aharea
Total 039,300 aharea
STOCKS REVIEWED
BY NEW YORK SUN
New York, June 25.—The Sun says; ’The
market last week showed no great change
from the conditions prevailing for some
time previous, there being n lack of In-
terept on the part of. the general* public*
and operations .which for .sumo .time past
have been by professionals. The continued
absence of tho public, however, bocamo
rather more disconcerting In view of the
developments of a favorable nsturo which
occurred during the week, and which, under
circumstance*, might be expected
a bullish interest. Associated with
the Pennsylvania management are some
of most ImiKtrtant flnsuclsl Interest* In tho
■, and It*
dividend on the Norfolk nnd Western com-
lon etock will 1m r“* *
per cent basis next
peake* and Ohio may raise the rate of It*
annual disbursements In respc
demands of Important minor!i
participate In the road’s pro
tenor of the news during the
whole was favorable, while
demands of Important minority hobiers to
. •- *• ———roeperity. The
week on tho
the reports
.... m Argentine,
Indicated some deterioration In other ex
porting countries* no that part nt least
-a *»-- -j —aln prices was based
enhancement of tho
American .Smelting Iteflulng..
do preferred
Atcuison
do preferretl
American Cottou Oil ...»
Baltimore aud Ohio
Brooklyn IUpbl Tranalt
Canadian Pacific
nh, "“" A “”d Northwestern
and Ohio
o r '
Central I*ci
do prefernni
Chicago and Great western ,.,
Chicago, Milwaukee and St. Paul...
Delaware nnd lludsou
Distiller’s Securities
Erie
do preferred
General Blectrlc *
Illinois Central ,\
American Ice Securities
Ixmlsvllle and Nashville
Mexican Central,...,
Missouri Pacific..,.,
New York, Ontario and Western.....
National Lead
Northern Pacific
New York Central*.
Norfolk and Western
Pennsylvania
People’s Gas... *
Pressed Steel Car..........
do. prefsrred..
Pacific JJall
Heading
Republic Steel
Hock Island
do. preferred
I ted States Rubber
do. preferred.,..,.,,
Southern Pacific
Southern Hnllway.
Kloss-Khefflcbl
Tennessee Coal and Iron
Texas and Pacific
S nlon Pacific
nlted Htatea Steel..... ••...•••,.9..,
do. preferred
Vlrgtnla-Carollna Chemical
do. preferred,,
Western Union
Wabash
do. preferred
Wisconsin Central
do. preferred
TIPS FLASHED
From Wall Street
Private Wire to Ware A Leland.
New York, June 26.—London heavy H to
Bearlah talk on stseli.
Look for a smash on coppers with enough
London mining settlement began today
and regular settlement begins tomorrow.
Foreign markets still unsettled by Rus
sian international situation.
Fewer steel mills oxpactod to close this
summer than ever bofore in history of
1 ip**—*—
be general market.
Further liquidation can be looked for. but
expect strong support In Ilnrrlsajn stocks
aud the IIIll Issues. Sharp rallies should
All
unduly depressed for turns.
Look for Irregularity In the stock mar
ket. Business conditions and crop outlook
satisfactory. Would buy stocks on sharp
recessions, only, however, as outalds specu
lation Is very narrow.
There aesma to be good buying Id South
ern Pacific with support enough to crcnto
rallies In all the active at ‘
house opinion Is so uni ^
that ft looks a. little suspicious,
of Pennsylvania on tho re—‘ *'
president may be prosecute
imw. joncn iv i;o.; American stocki
London heavy H to V4 below parity.
steel Industry.
Mexican Central offering to exchange
nor cent notes of 1907, 4«i per cent col
lateral trust notes of 1907 am! 5 per cent
notes of 1908, against $33,000,000 nsw 5 per
Eighteen million eight hundred nnd
eighty-four dollars cnsli ro turned from
Frisco so far, with $22,771,000 still to coma.
Twelve Industrials declined 1,10 per cent
Twenty active railroads declined L12 per
Prlvato Wire to Olbert A Clay.
New York, Juno 26.—Daniel Odell A Co.
"Further bearish operations today In the
stock market are indicate*! by the state
watched, developments over Hunday making
“ —Iso to continue In the trading position
•wing professional action and onl
ptlonnl rnnen giving norloun nttnj
to Information, xriileb la superseded. In
accuracy now by tocbnlque."
A Clay.
/THE WEATHER.
LOCAL FORECAST.
WEATHER CONDITIONS.
Th* prewure I-Irrarnt Ha, U-t-mnn very
much broken anil unevenly illatrihuteil,
there belnf aereral small areas of relatively
blxh ami low barometer, scattered over
the state, east of the Itnckles.
Owtnc to wire trouble do reports ware
received from the Pacific coast statli
Over the south the weather le mostl,
and thera has been but little rain In the
Uat 34 hour*, while eoerid.rable rain ha*
falleu In tb, UbMouri nnd. UlMlaalPbl val
! eya. lllfb temperature, continue at rnoal
* t The 0 CTmdltlona favor phrtlr -•-e'
er In thl. Motion tonight
probably showers Tuesday,
COTTON REGION BULLETIN.
mertdUn time, Jnn, :
(STATION? OF
*AtUnU, p. cloudy
•Chattanooga, clear,
■irnu.........
Oreenvllle. clear...........
Griffin, clear..
Newnan. cleam
Rome, el ear..
Hpaxunborf. clafir...
TalUpooea. clear
Wret*Poin?riearllll..l.l.
•Minimum temperatures
are for 13-hoar
period ending at 3 a. m. this date,
Attanta
I harlearoii
_ Iveatoa ....
tie Rock ...
Mobile
Mtataff .
ew Orleans .
(Ursa
V!f>*!
Ill
£j|
112
~w
LOWRV 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.
H. M. Atklnion, V. P.
Joseph A. McCord, Caihler.
Frank Ifawkloa, President.
Yhomai r.. Brwln. AaaL Caihler.
n. W. Bjera, Aa,t. (.’sailer.
Third National Bank
Capital
Surplus
$200,000.00.
$300,000.00.
DIRECTORSi
Frank Ilawklns.
H. M. Atkinson.
Joseph A. McCord.
J. II. Nunaslly.
J. T.arroll Fayoe.
E. B. iloaser.
David Woodward.
HAVEYOUANYMONEY AHEAD?
Ii It Inreited where It Ii perfectly aafe?
Ii It avallablo now l( FORTUNE should knock »t
your door?
Prepare yourself to take advantage of opportunity
by Investing your aavlnga In this hank, where they
will earn 3% per cent COMPOUND INTEREST, be pep
fectly safe and avallablo practically on demand.
CENTRAL BANKS TRUST CORPORATION,
CAPITAL $500,000.00
Am G. Candler, President
W. H. Patterson, Vies* President. A. P. Colee, Cashier.
John 8. Owens, Vice-President. Wm. D. Owens, Aset. Cashier.
NOTES ON GRAIN
Pointers on Provisions.
Chicago, June 25.—Weaker tone to cables
ami fairly good weather In tbo wheat l»elt
Will Kh ,• Hs .1 1..W .•!• \4 Ip Ilf in if ■
However, the situation warrants buying uu
all moderate break*.
. JQpttort In tbo market mul talk quite
bullish. Valentine nnd l’rlugle bidding for
wheat; net taking much.
arrest In southwest ami red rust «p-
nearing lu Routb Dakota and Budapest up
-<*. This aU combined causod reaction of
3-16c so far.
say* Knnsn* will mlso orer 70,000,000
el* of uhvat. and will rplso ns much winter
wheat a* last year.
Quito a large, trade among nit traders in
Chicago Inter-Ocean: Cash business la
•bent Bnturilav
There wero bids
with December i
Sale* of corn wore 170,000 and oata 90,000.
All the reporta from Winnipeg end the
Canadian northwest wero favorable. Texas
raised mono corn last year, but this year
It Is suffering from drouth.
Eloyator people were the beet buyert of
WARE A LELAND'S
DAILY COFfEE LETTER.
W New York, June 25.—The market opened I
unchanged to 6 poluta lower In response to
disappointing Kuroi»*tm rabies, but rallied
cm n continuation of lots! buying and ati
mid day waa about unchanged to T 5 point*
higher on tho grneral range, with sales
reported In one or two ninntha 6 nnd 10
Ipolnta above the dosing figures of the pre
vious dor. There seemed to lie conipani-
tlvelv Utile coffee offering aud tbo de-
Imand required to rally the market was
to mid-day nwim
roiiinnrallridr ...
I—BRi—HMEPMHpMPMI the
—luews, although *omn demand off
this character Is noted aud *eem* to lie
duo to tho liulllsh sentiment expressed by
tome of the leading trade Interests, who
have a reputation for liellia most Inti
mately Informed a* to conditions In all
Ibraneka* of the trade.
■These Inti-rest* express a strong opinion
lat tho extent of the conF"•“
!» a disappointment to thJMPMIH
mates aud that, besides thla. the world
I will require n larger yield than prerlnunlj
owing to depleted stork* In consuming cir
cles nnd the nnturhl Inrrense In the world's
nerilN The u •• iflier In llur/ll u i- .’li.n.h
lii harvesting sections, nod no nctunl eaj
clpltatlon was reported. I’rlmary marL..J
were steady and 50 to 100 rels higher In
wplte nt the dvance of 1-334 lu tbo rate of
Brazilian exchange.
The following table gives the opening
nnd closing quotation* for cnffco for futurt
delivery today lu Now York:
Opening.
AllgUNT. , ,, ',,
September.. ,.
October.. •, ,
November,. ••
December.. .,
Closed firm.
desire Mttown to sell on tbo weak nr** In
Mverpeol and largo llusslan shipments, but
some support was extended, with lorn! op
erators buying, and tho market hl*| up
outside buying was not In StMssw, nnd
locals sold out. thereby allowlug tbo nmr
ket to drag down. The cloning wn* cosy,
but on further dip* we would favor pur
chasHH
There wero unfavorable report* from
Texas relative to tlie corn crop, but gen
ernlly condition* were nil that could b«i
naked for, and mony tire*] hoMors sold nut.
'I here was fulrlj good buying of Mm
the market closed heavy and we would not
be nurprlNcd to witness n sharp break In
thla cereal before purchases will be In or
der again.
Commission house selling of oats appear*
ed early and was much In evidence through
the day, si though there wn* rnosldernhle
buying around cents for Hep-
timber, but tbo demnnd was more Hutu
satlsfind. The northwest sold, the cloning
win weak, nnd It nppeii* «<• n* ns lr tie
market will work somewhat lower.
Tliero wa* buying of lard In the p
market by Cudahy nnd commlsslor
but thero was plpnty for sale. Tho market
waa not nt all active, and were It not for
CLOSE IN WHEAT
SHOWSJENT LOSS
LOCAL CROWD AND COMMIS
SION HOUSES SELLERS.
Liverpool Cables and Large Rus
sian Shipments Largely Re
sponsible for Decline.
ehlrsffo, J line 2S.-~Wrnktio.. In Llroritool
Wfcent wa, V' lower
•uil nats Mr' lower. Ho, product*
n
romora and then aold
ward. There waa m. hujlna urden
the market on ruat report*. The m
ment uf wheat in tho imrihweat waa
Inrun at 33t rare, nualuat car- a year i
There waa a lorite nninunt of wheat,
oata on aale on tuo hard .pots early
•1 were on atlo on tha .oft ■ ’
the day. .Vew bulla are net
the uraln marketa.
There were tlecrraara of 1.36,000 htuhela
In the rl.lhle .apply nf wheat and IFi7.ee
In flat*, while corn ahovred an lucren.e ef
34*.000 hii.hela.
1'rlmt
-I In ell
I'rlmnry wheat raeelpla 417.000 and
000 corn, and 10,000 oata.
CHICAGO GRAIN MARKET.
Dec. .. 14%
COUN-
July. . 61
BXU h
OATB-
fiSt : JT 4
, T’6Rk- ,W4
July. .17.06
Kept. .10.66
LARD-
July. . H.ffS
Kept. . 8.80
0 hVdkk-’
July. . 9.15
ML . 9.07%
Oct. .. 1.12%
»l% ’ ”
49% 49%
ii 1
17.06 J7.00
M.65 18.56
ISMsT
9.17%
9.10
1-93%
if
8-82%
1.80
8.»%
9.15
:• i"
8.90
9.12%
:».074
8.9*J
CHICAGO CAR LOT8.
Wheat
Corn
Oat* ...
Ilogs ..
LIVERPOOL GRAIN MARKET.
Wheat opened % higher; 1:30 p.
i lower: rlneed % tn % lower.
" lower; 1:30 p. m
THE LIVE 8TOCK MARKET.
Icngo, June 25.—lings: Ilecelpt*. 4A.0M.
irket ete - “
estimated u.
0.55; light. $8.254|«.52Vi
\ <12006.80; ro'
18.3": yorker*. $A47%t/
heavy. '.
‘-Receipt*. 23.«"i. ilarki
J0r- higher, quality fair; beevei
mws, $1.3004 M; heifer*. % • 4fm
$6.M: good prime steer*, jr,
medium. $2,954/5.15; stockc
$2.00(f4L50.
-Sheep—ffr-relpf*. TZ,V)0. .Market
H'V ItSleri
for lower prices on prod-
COTTON SEED OIL MARKET.
Now York. Juno 26.—'The market for cot
ton *eed oil was quiet. There waa some
little steadiness In tho new erop months,
nlthongb price change* were small. Mtoeks
of rctlneil nr*- unusually small for thl* sea
son of the year, nnd of crude there I* also
not much left, and tho few holder* show no
nnxlety to »elj. The strength In lard and
tho let* favorable cotton outlook In the
south Atlantic region* Imparted some
strength to the market, which nt the Hose
ws* Irregular with prices %c higher to %c
lower.—ware A Leland.
Opei ‘
mo
jty *
leptember ......
)ctober
4orember
December
Ctoeed •tesdy.
GIBERT A CLAY’S
DAILY COTTON LETTER.
By rrirat* Lesii-d Wire.
New Orleans, June 25.—Liverpool
wa* very quiet and got out no # cable«.
Option* lost from 1 to 2 point* on the
close and spot *ale* amounted to 7,000
bales, Saturday** quotations being re-
Apart from n lltilo buying shortly
after the opening thla morning, the
market ruled extremely quiet and f»*a-
iin. -11-}<*4. Tin--a- imn iiuMr4 u«• r»* gen
erally attributed to nomn covering on
tho port of a few aborts who wero
ilia ill f<‘H My discouraged over tho long
and still unbroken drought In* tbo
southern portion of Texas. True,
shower* and thunder storms are pre
dicted for the eastern portion of the
drought section, but the trade t« mure
Inclined to tho view that heavy precip
itation* and not light scattered show
er* are needed to replenish with mol*.
ture the woll-drled Held* of Texan, in
the eastern belt no" concern Is felt over
the reported damage through exce**lve
moisture to tho plant, for the past few
day* have been without any precipita
tions, and hence vory favorable for the
cleaning of groan from, the fields, a
condition that ha* been variously re
ported a* considerably marring an
’’ft' i ! • •’*■ • H'-Ilf Male of 4 Ultlva-
tlOB.
SOUTHERN EXCHANGE
Oldest fustiibllahfri Offlco Houth.
COTTOU STOCKS— BONDS -9MI»
Ground Floor Gould Hullding. Dally
market letter and market manual
mallM on wpplb alb :i
L. J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, 6RAIN
ComspoidMl's Capital $250,000
f.
HrmwwH
Tt* trapmUare rt*»*re w*re nnlmpnrt-
*<t ,xrt )tsHsriiiisiM*i
pml ovyr th»
uu'I Sutauuih dUlrlcU.
WM. I- PEBU Prrel4«t
ROBT. r. MADDOX. Yltre-Pfra.
TII08. J. PBKPI.Eg, CilbI.r.
JA8. a. I.RRTKR. Al.'t Cathl.r.
MADD0X-RUCKER BANKING CO.
CAPITAL
SURPLUS AND PROFITS .’
ACCOUNTS INVITCO
$200,000.00
$500,000.00
We invite aroounta of individuals, corporations, banks
and bankers nnd offer the best terms consistent with
conservative banking.
In our Raving* Department we allow Interest at the Rate of 3 1-8 per
cent. Compounded Semi-Annually.
Him Omani.
• cotton; GkAr" 1 *
Be. 3 Wall Si.. Fifin Bulldlaa. Altaala. da.
MfMftfS;
Hew Yetk Cetloe tidivp ^
Him Oiltaat Cattea hckaaft.
Hiiraul Cellaa Auetlallea.
Print* Wirti te Him Yetk. Hem Orltait, CkUiga.
Bell Pbeae 1 HI.