Newspaper Page Text
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JOSEPH B. LIVELY
(THE GEORGIAN’S RECORD OF MARKETS AND FINANCE
Mr. Llrnly’s ft year*' experlenre
jf editing markets In Atlanta and
tin* Smith ltdn made him n reo*
ognlxei] authority In bis specialty.
ad
FREELY ISSUED
IHAT month slumped in
early trading.
favorable Weather Conditions Re
sponsible for Early Decline
in New Crop.
Crttm for future delivery opened 1 to 4
„Uti lower title morning, which Me uot »
to better ndrteee from the English
IjJrtrt than Unit been expected. Thin wen
Sir to good weather throughout the eotton
belt, which affected ttie new erop months,
,.d frarn of n brook In July ns n remit of
tbVffee Issuance of notices on Hint option.
In to noon some 61,000 to 61,000 notices
tor reported Issued, but they worn ap-
Irentlv taken care or, as the prices showed
aworeiuent after n very slight decline
boldly after the opening.
The demand from Mnwhlr. aplnnan Is
oiwllig a deebted sliunii, sales In Uverpool
Sir seeregstlng -t.ooo linlos at 6 points de-
gtie. waking middling 6.10(1.
Trsdlng m New 1 ork and New Orleans Is
it ■ low ebb, and rtuctuntlons corored n
irrow range during the morning session,
Seniors geiiersllv In sit specuIaUrs een-
bn being dlsimoed to let the market tike
„„ „f itself pending the Issnsnce of the
imminent report on Tnesdar, Jnn. 3.
*11 Is expected to lie bullish, snd on Its
tausnee n lietter level of prices Is expected,
h,,««It covert the period of drouth condi
tions In Texes and too nraeh moisture In
the Atlantic sillies, any ndvtnee would be
ttken ndvnutnge of by the shrewd specnls-
MT to unload Ids purchases at previous
bwer erlees on iBe outside pnhlle, provided
n takes the long end of tbs account.
1. Which case the ••outside pnhlle." If pro-
dons set Ion of the market on government
bunts count for anything, will have a lot
if eotton »ii their- hands for which there
.III be a demand at sharp roncesslons..
Sir. Price, In n circular today, says ho
sinks those who buy cotton now will not
aske any mistake. "On Mar Jl,” tie says,
^Jrtoher sold at 10.3 and since thnt time
ee hsve hnd Jienrlsh government reports,
rhnrlns crop necoants nml the forced lt<(Ul-
lailnn of the Sew York stock by reason of
the Insurance situation, yet October Is
Its.” and asks: "What stronger proof of
tbs value of cotton can be offered at this
•St (Hies makes the condition of cotton
B.9. sgnlust ».» Inst month. ;
The overland movement for the week, ae-
renlliw to Secretory Hester. Is na follows:
Tbiii w«*k 8.035, Rgalnat 6.8T0 for tbe Mine
*ivk Inftt year, 2,728 the year before and
IB In m3. |
news and gossip
Of the Fleecy Staple.
JM67.6M Inftt year. 909,006 the
«nd 1,064.194 In l»i. . Mi# ,
Cenip Into sight for the past week 56,883,
teilnut 91.543'fast 3rrar, 39,22* the yenr be
fore nml 4t.420 111 1901. „ ^
Come Into sight since Beptemberl 10.643,-
640. ngniunt 12,720.4« last year. 9,822,118 the
yew before and 10,516,096 In 1904.
SPOT con ON MARKET.
Atlanta-Steady, 10\c.
Stw York-Quiet, 10.80.
New nrl.-n 11ft—Firm, 11c. /
l,lv»*r|H*»»l—Sternly, 6.10(1.
Augusta—BterwJy* 114 c* 1 '
St. Isoul»—Quiet, 10%c. ,
RANGE IN NEW YORK COTTON
The following Is the rang. In cotton
■lures In Now York tmloy:
ust Preston*
Open. High. Imw. Bale. Close. Clone,
sly. .mo 10,5j 10.06 10.n io-3« ?2IiIS
•|. .10.3 10.M 10.3 10.10 JJ.3J0 10.27-M
1,1. .10.3 lo.u 10.3 10.3 jo.n-e io.i7»
SI...10.3 10.3 10.3 loH |0 : ».« ]0.|g
ft. ..ib.ii io!w ib.ri io.w io.h»-r JO.JMJ
la ..10.35 10.43 10.33 10.40 10.40-41 J0.37-H
Ih. ..10.36 10.36 10.16 10.3*1 10.41-43 10.JM0
rh. .10.42 10.43 10.41 10.13 10.4.-49 10.46-46
ANGE IN NEW ORLEAN8 COTTON
Ths f('Mowing Is the rouge In cotton
Hire. In New Orleans today:
Open. High. Low. Salt. Ctosj. CUM
ly. .10.70 11.6) 10.73 10,06 1J.5M* JJ-JH2
s ••«•« >“•" 10M 10 W H2J $53
j "•••= »» io i7 »* JJ-gg ftgl
*. mo.m iolio io.ii io.» w.Jfj* W-j*
.. ..10.3 lW MAR ftSg
*h. .10.45 10.45 10.45 10.45 10-46-49 10.45-47
-fciwd ftteady. •
LIVERPOOL COTTON MARKET.
•pool, Jnn* 29.-13:1* P- T.',l5KL Tnl
ill. with prlceo antler. Middling op-
««'<•* ±«a ABSSK ilm
dn
i, 6. 10i|. rinlca 4,007, American
nlntlon and export 500. Receipts 16,000,
r, " an 1, '° 00 - tspenlng Pr.non.
g™ 12S:Z
July ..
Dignat
sr ••
jv
ec
in
*b. .a,.,,,
arch ....
steady.
1.59
5.60
- „
M4 |5J
1.54 6-g
. 5.55 5-55
7.7..... 5.5*5.57
5.00-5.61
ifttS
t *4 5.66
SSI
rODAY’8 PORT RECEIPT8.
following Uhl# shows receipt* »t ‘J;
I'-lty, compared with thn asms day
jshesMn.
SWIe ;
tTanimh
Mrli-nton
nimliijjton
fcf'dk
altltnor*
York
haton
trnn«wlek’”jl’*i
ywport News..
Total
INTERIOR MOVEMENT.
Lwsion
r-jphfa
»/>ul»
mrlnnatt
Total
1»N
W
.t u-« p
IV* •**xpec ted* to^lle^m wer* t?nl * *'* ^
if'stopping
,,'t »*• r*ll'nat«l that Weld Issued
tjuea for about 27,000 balM and l*ri<M ts
Other Arms replied to fir. tatu^nSmS
Kl2toni,o! r,l '. t - sod Carrtngtom
Hledenbnrg, Carpenter, Barcott a *ra.
Sanger Sc Kttelsou amf Cltluser Oroa.
New Orleans, Jane Uvenmol
SSli
months displaying no activity.
tol’S-W?*. cpntlnnes excellent oval
sts&npssay f/9i ,n<| w » r “- Bouth-
S"*t ”«*** reports light scattered showara.
Si®? reported on the Atlantic seaboard,
ltestern forecast indicates fair tonlxht for
Louisiana, north and southeast Texas. For
£&SSt * ni1 Terrltorlas scattered .bowers
cloudy for toulhesst Texas. BaP
urday showers In Arkansas and Louisiana.
Balance partly cloudy to fnlr.
fer!ng ket ** ffln * nnd * r mor « general of-
Private Wirt to Ware * Leland.
Tork. Jnne The market epeneil
4^®, general feature Mng the aellln
°f fuly. which we have predicted 4k
?J* k * P*"*- Large and nnall blocks of
July were thrown overboard, at an average
discount of J7 to 20 points under August.
Bpot People bought the cotton. Market
niay do little lieTter, now that this July
* H* ,h * ton tee nothing to
hull eotton on, however, and still think
market can be sold on any rallies.
Freeman sold Mitchell 3.600 December
St 10.28.
AfcFedden taking some notices, bat they
are still going ground freely,
8pednl reports to the Journal of Com
merce from Texas are, as a rule, favorable,
tbs plant being strong and healthy, al
though small. Complaints of heat and
drought were received, but since the re-
K rts cooler wenther and rains hsv, beeu
ncllrlsl. Conditions over the territories
have Improved dnrtng the month. Fields
sre clenn, hut In Indian Territory the crop
Is very late.
Leeaer-OoldRUin weekly weather report;
•The week baa been favorable for cotton
In all of our territory. Abundant rains
bare fallen since our last report and hare
been very benellelnl throughout. Some few
Isolated localities report' rather too much
rain, having hid rycesilve rainfall pn two
days, but as the fields are clean very little
harm Is expected from this cause. The
erep Is In One shape at this writing, al
though the plant is rather small when
the root nights, which were complained of
during port of June, hsve held back the
growth soniswhat. Occasional showers will
be needed during July. Oenerally speaking,
the outlook oontlnncs flattering In south
east Missouri, Arkansas and northern por
tion of Indian Territory.”
GIBERT A CLAY’8 DAILY
COTTON LETTER
New Orleans, June 3.—Options on lll/v
close In Liverpool were unchanged and ca
bles reported s more favorable opinion,
gaining ground. Indicating that any oppor
tune eTrcuustnuee would bring about higher
levels Bpot sales hare fallen off of tala
to very amall proportions today's bustaess
amounting to only 4,400 bales at a loss of
6 points
There wna little or nothing doing — —
day's local session, the Interest ot ths
trade being centered In the final disposition
of the Inrge number or notlcea that were
circulated oo this the first notice day. In
New York. Very little concern aeemad to
Ih* manifested, however, na It was gener
ally thought that a large part, If not all, of
the notices would lie stopped hy some of
the larger spot houses, which later In tba
tiny proved to be the case. Some farther
covering by shorts here occurred In eonee-
Oiienee, and hnd the effect of well main
taining prices throughout the day. In spite
of the eonllnned favorable weather over
the belt and excellent progress made by tho
"Chicago, June ».—Wheat—The
wheat market, after holding exceeding
ly dull and featureleas finally devel
oped Into a sagging affair, prlcaa at
the close showing a loaa of about a
cent and a quarter from previous ses
sion. Ideal weathar for thrashing and
Indications of a liberal movement of
with the absence of any
reports In the spring whaat errltory.
were the overahadowlng factors. On
the decline quite a number of dleheart-
cned bulls liquidated, which, In the
abeence of support, greatly accelerated
the downward movement. There la no
question but what sentiment during
the peat few days has undergone con
siderable change and that unless pre
dicted annual northwest crop scare
materialises, prices will be forced
lower.
Corn—Scored a good advance
speculative buying and on the strength
showed on oats early, but It loat Its
advance later. The outlook for tbe
growing com was excellent, the weath
er being of the finest sort for growth
and developments. Would not advise
buying for the preeenL except on good
br Oats—Have been the leadere of all
the grain list today. The furnished
strength on Individual account and had
some left over to Impart to other grains
for a time, but gave way later to the
general declining tendency. Think prof
its should be taken On alt such bulges
as we experienced today..
Provisions—Hare ranged higher,
some of the advance bf-ng taken off
by the grain weakneaa. Early demand
was from ehorte. Western run of hogs
light Meat and lard shipments ahead
of last year’s and local receipts of hogs
this weak 40,400 below expectations.
THE LIVE STOCK MARKET.
srs*
ity fair: left over. 4.600: balk.
res. M.OOgaiOj
Sat
GIBERT & CLAY
iLAKAHA
• TOCK*. 2 m1?2'
COTTON. CRAIN.
corrcc. provision*
ATLANTA. OA.
Btork Biriunir* 'N*w OH*
Cotton Eich*Hff**..' N> « r ° rl *
Coff*< Kiohftng* N"
rMtoB^Exrbattft.lCfcfc**® B^aM «C Tr*4t.
!&zsi.'8is> A s32Si
and Lena OlsUnre T.Uph.M 52* ' W. R. FAGAN, Mansosr.
re-
AT THE OPENING
LATER THE MARKET BE
CAME REACTIONARY
RANGE OF NEW YORK STOCK MARKET
AtnnlKnuinttil Copper
AtlMiitli* Const Line.......
American 8agnr ltcmilng
Prices Generally Were Forced to
a Point Under Yesterday’s
Final Figures.
Bj ITlrcte Leuftod Wire. *
rtew York, June 29—The stock market
opened with uncertainty In today's dealings.
A jrood many of yesterday’s buyers having
made their emnmttmenta solely with a view
to IJulek - *- ‘
what littli
| in tna B — -
jlfflculty of these reallxlng sales con-
ilderably, and as a result stocks were of
fered down rather sharply during the llrst
hour. At the lower level, however, good
buying reappeared and the lodgment in
speculative circles was that a better under
tone had been shown than on recent trade
with price* even. The main restraint* upon
improvement, however, were the 6 per cent
eafl money rate and the announcement by
tbe secretary of the trensury thnt UA600.0OI
special deposits made with the local bank*
last winter would hare to l»e repaid next
month. When this news became known
trading slackened and efforts to forco no
tbe share list were discontinued.
The stock market opened with some Ir
regularity shown, though some Issues
showed advances ranging from H to HA.
The latter In Illinois central, Pennsylvania
opened up H, Louisville and Nashville lost
U; Baltimore and Ohio down Erie up
K, *nd Copper down H.
After the opening trading tbe market be-
uda
can Locomotive
preferred
can Smelting Heflnlnff..
—ferred
High Low. Close
Itdws -HHBBMII
do preferred
American Cotton Oil.*.
•re and Ohio....
Baltin
terdsy hse not made Its appearance so far
' ixlay. The reason of the decreased sfrer
i that room traders comparing notes
evo that the moat urgent buying on
late rally was due to covering of shorts
and not to any accumulation of stocks for
long account. The sentiment of the room
ana the street Is almost wholly bearish.
The high rate for call money tbfa morning
depressed pHces. but on the low levels
business slackrued also and at tlmea tbe.
market waa extremely dull.
Governments unchanged. Other bonds
quiet.
STOCK 8ALE8.
..199,700 share*
..169.600 share*
. .36.900 shares
..674,900 shares
. .977,900 sharea
NEWS, SUCH AS IT WAS,
HAD A BEARISH TINGE
New York, June 29.—The Sun says: ‘The
news, such ns It was, bad In «he main a
bearish tinge, and prices gave way. Liver*
disappointing, the wcatln
ol was
olntlng, the weather was
leans and there was considerable long sell
Jng of July Imre. Moreover Uverpool did
a good ileal of selling of October hem. and
a certain amount of short selling by room
traders was plainly for the purpose of
dislodging long holders of July, if not
other roonihf.. On the other hand, the New
Orleans and Houston estimates fur today
are amall, and the new*, from the big
manufacturing centers of New England.of
late has Indicated clearly enough the very
prosperous condition of affalra. Uptown
dry goods houses report Inrge Rales of cot*
ton goods of one klud or another by their
agents In the West. The greatest trouble
with speculation, however. Is that there
Is so'little of li. Professionals are doing
nine-tenths of It and they are not doing
much. The South sold October and De
cember. The Rnutb Is short and local op
erators Incline to thnt side of the market
owing to the generally favorable outlook
S the crop. But n favorable outlook now'
not mean the same state of affairs
ng July aud August. Usually there Is
a crop scare of some sort, sometimes of n
rather sensational kind, during one or both
of those months, and with It a. bear stam
node and a sharp rally In price*. 'Oils cot
ton history affords, nbmefoua examples.
Tbe manner In which the market takes
the July notlcea today and the uature of
the jnf r.-jM.rr m-tf Tnesdnr tag* Mf*
much to do with tb« Immediate future of
prices.”—CJIbert St Hay.
New Orleans. June 29.—The Times-Demo-
rat ssya: ’The absence of further aggres-
Jon on the part of ‘ k “
good crop weather. ■—
setlve spat demand, reduced purehaslm
reporl
of the Umlslana legfstatur* to tax trading
n futures at New Orleans out of existence,
‘vajismshe talent ran not see
on either side of tbe
•ernmenfs crop report
cheebs aellfog. Turffpt f*ral!ent rropwb
r cea check buying and there yon sre.
b t of scalnlsg and some shifting about
position therefor constitute the msiWW
{bough there Is nu denying that the trade
as a whole la beginning to discover addi
tional logic In some of the bearish new
Srlftlnx hark .nfi forth with « CTJ»tl»|
Itldc."—Ware * LoHnd.
WARE A LELAND'S DAILY
8T0CK LETTER
New Tork, Jan. a-D.relopia.nU IhU
mornlnx prreente.1 more f.voreble than «d-
rtne fe»tur«, hut th« .took m*rktt, »fter
iporarr .treorfh artmod to maat atork.
I tho room elVmret, poaadUX It. found
» onion, and manatad.ta fore, farther
Malian, whlrb. ot eoaree, mu.t run It.
r, Tbe bajtnfi l» near a. w. can
•n, Improrliix on the w.j. down, .M we
_ not bejlere In following down on It*
,hort aUka pooh .toeka t» tJbljw PnelBe,
Atehleon, knelling, ete. lemte. thxt ex
hibit ■ weak ixettlon, .nparenOy twlng
? .orehoTVot^o
r„7!A7Z ^3i d ..TbS??^A^
•laughter of the tie.ru. Th. rertou. uneer-
t,ln feature, now extatlng jrlll moatlr he
removed next weekjnnd we hello,e that hr
.Ill find hlmaelf
ndvtutage of better-
srr4W9
In n-position w take advanta
klyn Rapid Transit
Canadian l'arldc
Chlrngu and Nortliwestern.. t,
Chesupcaki* aud Ohio
Colorado Fuel aud Iron
Central Ieoather
do preferred
Chicago and (treat Western...
Chicago. Milwaukee and 8t. I'nnl
Delaware and Hudson..,,.,... .•••»••/••»•
Distiller’s Securities
Erie .,..•»•♦(,»•••«
MtNiiouri I'selflr
New York. Ontario anil Western
National Lead
Norfolk and Western
Pennsylvania ,
People's (las..
Pressed
do. nreferr*
Pacific Mall
Reading .../*
Rcpublii* Mce!
“ island....
do. preferred... •••*••••••
United klnh'n Rubber..,
do preferred
Southern Pacific
Southern Railway
do. preferred.
Hlofts-Sheffield
TeunesftiM* Coal and Iron..
Texas and padfle..
Union Pacific
United Stntes Steel...,*....
do. preferred
VirginiaCarolina Chemical * *
«lo. preferred *
Western Union......* •?,•••.
Waliash
do. preferred..
Wls»onuu Central. *
da preferred
99V4I WH| MS
m 136 l.Vi
.J0H IMS 13**
1- :-35 2.15
« I *%\ «
|iii’ ’iis I’itijii'iij’
1594
197
4.S
101
174
-■'4
h
mi
bj
m% ii6
77S 74*
l«0iJ 159
197 197
•’i'*
l 3 3i
til
n§ 1
Close Prer.
Bid. Close
"MSI M4
135 1364
1J94! 130»*
.’35 | 2f *4
65 s
m 113
142 14&Th
00 10J4
294 3'*
1* 117S
754 7«4
1594 1594 14«»
197 19*» 1!*>4
WHl 564 MS
454 454 474
364 364 .16%
10] Ml 101V4
164 164
1714 171 j 17(%
210 210 ! 214
U\{
4041
i6os[i«i r
1764, 176H1 1764 177
5941 6.1 59%) 13
141**
4 ;.*t
>H' 40S
•4 7h
.. .. 914, 894
m 11
18
84
(US’,
3«H
«"
6»y
m
13.14
s;
1264
63%
43
.’•%
91
si
1V
61 6.'4
444 454
1074 106
66¥
mi
TIPS FLASHED
From Wall Street
% off.
Atchlaofi. * Southern Pacific, fit. 14ul,
Union PaclQr and Norfolk act well, and wu
would buy them on recensions, while wo
think Hteela nnd Coppers can be taken on
wheuover Jammed down.
Jones _
American stocks In London dull at H to
4 per cent below purity.
„ondon steady
fentureleM, with money for end of half
year cosier than had begn*expected.
So aer/ous tightening of money for dlr(*
dead disbursements here anticipated.
Congress expected to adjourn on 31onday
t noon, but may end sooner.
United States fiteel officials say record
breaking output of structural steel this
year Is now assured,
Atchison Income account shows 114 per
rent enrnod on common stock.
Car and Foundry surplus after preferred
dividend for fiscal year 4.63 per cent on
common.
Twelve Industrials advanced .99 per cent
*r We anticipate that some stock will
»c met, say from 40 to 50 points above the
ow level of yesterday morning, and os tho
market boa recovered after good acceptance
almost entirely on short covering we would
continue to observe the trading position
until next week, when the financial sky wilt
be clearer.
Marshall, Spader St Co.: The turn In the
market yesterday waa definite enough under
ordinary circumstances to attract further
support, and at yesterday's low levels many
attractive opportunities presented them
selves and would perhaps have been mere
eagerly availed of but for th* fact tbot re
cent experience* have not proven profita
ble under the seme conditions.
PRICE CURRENT CROP REPORT.
Cincinnati, Juno 29.—Harvesting of winter
wheat has commenced In earnost and In tho
southerly portions of tbe winter wheat
much of It la In shock, and whllo there has
l""M Rome rainfall during tin* woek har
vesting ling not been interfered with to an
Important extent, and in most of the sec
tions where rutting was In progress there
was no complaint of unfavorable weatberJ
THE METAL MARKET.
WARE A LELAND'S
DAILY COFFEE LETTER.
New York, June 29.—The market opened
Steady and unchanged to an advance of S
‘ v Ifiwoooo It waa un-
• l') tmin' ‘ ‘ “
not active
deney of the* marked seemed to be dui to
slight Improvement In Investment buylni
Inch Is largely for the account of
NOTES ON GRAIN
Pointers on Provisions.
Private Wire to Ware A Leland.
Chicago. Juno 29 —Rains In the Northwes 1
will continuo to cause n nervous feeling it
wheat. On weak spots would toke on somt
3K
good. Market
Owing to light run of hogs at Western
points provisions opened strong and q shade
higher. Covering by shorts the principal
feature and some buying for Investment,
Helling light aud In way or profit-taking.
Into
Chicago from
yesteril
were inalnly' fi
wheat sales tuade to
url sad south Illinois
aggregated *X*.0tf> bushels. They
first half July shipment..
4,000 miles In the past
"I travelei
three week*
un afifiifil
nmu who covers the grnln'belt
perleneo 1 never
Illinois and Iowa
said Hoyt, the traveling
*■ *“ “ *'ln all ray
— dean and
looking fo good ms ibis year. It has a
good stand and a healthy color. In the
Northwest It has the promise of a large
erep with farornlde conditions. Oats will
bo about an overage crop,”
There will he only one holiday at Fourth
of July. As it comes on Wednesday, it will
be difficult for the Chicago board to ad
journ more than otio day.
”Hot weather Just now means light
weight onto, whether It la wet or dry," aatd
J»onlel Wright. “Oats ore Just now in the
milk and tho berry filling. Hot weather
dries this up, forces early maturity aud
makes a light berry."
JTMeago yesterday, taking nearly
8wtft was a large buyer of September
lard and pork on tue break and made the
FnUy.
(.’Icnr weal her prevailed over the South-
wett. permitting * utMng. tln<«h!ng nml
marketing of wheat. Arcntance* were
larger and are expected to increase from
t\pw 00.
Private Wire to Hlbert & Clay.
Chicago. June 29.—Itreord-lIenUd: Joint
compilation by II. V. Jones aud John Inglls,
erop experts, of an estimate of the winter
crop put the total at 430,000,000 bushels. Tills
was practically the same ns Indicated by
the government percentages, furnished on
Jnne U, when tbe Indicated yield of winter
wheat was 413,000.000 bushels. The report
was given a bearish construction, nltbough
the guess given out by the sume authori
ties last year at Ibis time-300.00.000 bush
els—was n poor one, fatting nearly 7U.00d.0oi)
bushels behind the final official figures, l^ist
year’s government figures, as ue.’l ns for
mer ones, however, ure railed In question
In the Jnucff-Inglls report, which rends:
"W* estimate the United mates will rnl«e
this year the largest winter wheat crop In
the history of tho country—420,000,000 bush
els."
Bluffs, and It would not take
further reduetinn in mien (o enable deal
ers f<* par the hfghcat prices on the crop
in Nebraska for corn," said Q. W. Fatten.
This might start some corn this n-ay. As
o wheat, the mnrket Is a nervous and sen
sitive weather affair, hut it will need dam
age to the spring wheat cron to stir up
real excitement. Nobody expects new wlient
‘ In June, hut there Is every Indira-
WEATHER IDEAL
FOR HARVESTING
ARGENTINE SHIPMENTS ARE
LARGER THAN EXPECTED
Receipts Liberal in Northwest Re
sulted in Easier Opening
in the Market.
njr PrlTMc Dream! Wire.
Chlr8s<\ Jure 36.—Favor.hl, wrath,
or throughout th, winter wheat bolt
for lmrv.MInft, larger Argentine ahlp-
monta than expected and continued
heavy receipts In tha northwest caused
an easier opening In wheat
The bulla In wheat took to the tall
timber late In tho day, showing net
losses for tho session of 101 3-4c. July
•old at a discount under the Septem
ber, bearing out tho claims made in
theae dispatches Thursday. Them whi
nothing In th* news to encourage the
" h* .it i 'itk- .iid! Id* Mold freely. Had
not John H. Wrenn bought a world "f
July wheat In order to cover short
contract* and tako profits, It would
have reached th* 80c level without a
doubt.
Corn closed l-808-8c better.
Oata war* up l-4<ft3*8c and provla-
na wero unsettled.
Primary wheat receipts 299.000 and
com 717,000, compared with 292,000 and
820,000. respectively, a year ago.
Clearances ware 26,465 barrels flour,
but not wheat; 213,000 bushels corn
and 450 bushels oats.
CHICAGO GRAIN MARKET.
The Chicago grata market ranged as fol
lows today:
Previous
Opeo. High. Txow. Close. Close.
WHEAT—
Id-
84
0®
hennse certain enough to etas* a sharp
vnli' *- In spiiciilatlre markets
Tho European markets were fairly steady
with Hamburg M to 4 higher and Havre
reporting an advance or 4. Of the IIrnall-
in 11 markets, Rio was 75 reU lower, but
steady at thn decline, which nroh«bfy re
flected tho recent advances In tue exchange
rate and Santos was firm at unchanged
price*.
at.
olhlay last year.
Th# two ports had 20.000 bags, against
24,*» reported on the nrevlnus day. Jan-
dish/ receipt* were 13.000 bags, against 18.-
009 for the previous dsy. Jlftlldny rorelptg
at JUo were 3,000 bags and there will be qo
Brazilian cables tomorrow, as tho markets
are closed today.
Deliveries at all porta yesterday were
that the winter wheat movement ....
be fully on by the middle of next month;
nnd. as tbero Is no adequato demand. It
will begin to pllo up right away.
SHOE STORE ROBBED,
TWO NEGROES HELD
Tho etore ot the Ward flho© Com
pany, 101 Peachtree street, wa« burg
larlzed Thursday night and several
pair* of shoes stolen.
About midnight, Policemen Felder
and Davis, while trying doors In Ivy
street, arrested two negroes, who are
suspected of being the burglars.
At the time of tho arrests, however,
tho officers were not aware of tho
burglary. They noticed the negroes
Were carrying shoes and suspected they
had stolen them. Felder caught one
of the negroes, without difficulty but
tho other ran. As ho did so, Feldor
KH\o limm* and shot at him The of
ficer so on overtook the fugitive and
both negroes were locked In th* police
station.
c6rk-
J 4V.: St
Dec. .. 494
OATB-
Jnly. . 294
Kept.
Dei
7*6'l
40U
37',
*7%
■ 9b
. OUK—
July. .17.114 17.25 17.00
July. . B.m
Kept. . S.974
Oct. .. 8.96
8IDEB—
July. . 9.tm
Kept. . 9.334
Oct. .. 9.10
«:< v
02$
9.45
•. i»
9.15
Cash Wheat-No. 2 red. 87: Jfo. 3 red. *349
M: No. 2 hard winter, M4RM4; No. 3 bard
winter, 7ft<ff»0; No. J northern spring, 854186;
No. 2 northern spring, 83d86; N’o. 3 spring,
NORTHWEST CARS.
Today. Wrek. Yei
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.
Oldknow Back for Theater Ordinance.
William Oldknow. after a business
trip through Ohio, where he visited Che
larger cities, has returned to Atlanta.
Monday t'ouncllinnn Oldknow will try
to complete the remaining business In
ror.ricctlMti ulth hi** thentfr •»rdlniin«*c l
nn<l If sijci t-Hff'il u III Ii-iid* In tin* cvt ii-
Ing for a summer vacation.
Baek from Macon.
O. H. Brandon, If. M. Patterson, C.
H. ffwift, and Harry O. Pool*, return
ed from Macon Thursday night, where
th«*y hud brill nUi-M'lliiK Ih'* fifth m
nual meeting of tho Georgia funeral
directors and undertakers. They re
port an excellent meeting, and the fact
that the convention will meet In At
lanta next year. Harry O. Poole .rep
resents Atlanta on the roll of officer*,
having been elected vice president at
the recent meeting.
PRIMARY MOVEMENT.
The following figures give the p
movement of wheat nnd corn:
Whent—Heeplptft 390,000 buihejft. 1
292.000 bint year; shipments, 12n,000 |,
IIIDillist K'7.""n lust ir.li.
Corn—Receipts 7l7.00tj bushels, iignlu
000 Inst rent*; shipments, iSl.OCi) h
agsfuftt 553.0CN) fast yenr.
CHICAGO CAR LOTS.
Wheat
Cor*
Oota ...
lloge ..
LIVERPOOL GRAIN MARKET.
Wheat opened un«hangei|; IfiO p.
to 4 lower; Hosed 4 to 4 lower.
Torn opened 4 lower: 1:3i p. m.,
lower; closed H to 4 k>wer.
I mi hied laat year 1
102 l*n. against
COTTON SEED OIL MARKET.
CTWliir
ftecember .v....,.»•*•**•
Anjhrat
Frank Hawkins, President.
If. M. Atkinson. Y. P. Tsogei C. Krwln. Aast. rnshler.
Joseph A. klcCord, Cashier. It. W. Dyers, Asst. Cashier.
Third National Bank
Capital
Surplus
OIRECTORSi
Frank Hawkins.
R. U. Atkinson.
Joseph A. McCord.
$200,000.00.
$300,000.00.
J. H. N’nnnslly.
J. t’orroll Payne.
urrtd Woodward.
New Tore, J
nnd closing quo'atloni for eof_
delivery today in New York:
Opening.
Hunt
January 6J6-4.
Aprfl.. .. .. ., ••
*
.June., ,, ,, ,,
July
August.. .. 1, ,
September
Oraober.. .. .,
Nor ember
Decemlwr.. .. ..
Closed efeedy.
Held Under Heavy Bonds,
fit'll *Iri*i‘u, the negro who was
caught with plunder which he 1s
charged to have stolen from homes on
Capitol avenue nnd vicinity, during the
K it fi-A v.-rU-, IWI- held under $l,0u<)
ndn for the higher courts at a pre
liminary hearing given him In tho re
corder’s court Thursday afternoon.
SOUTHERN EXCHANGE
oldest K-t.ibllshed Offlee South.
COTTOH STOCIS WMS—HUII
Ground Floor Gould Building. Dally
market letter nnd market manual
mailed on application.
6.36 ■
« 10 <
6 v
6 56C 60
6 •; <v,
6.65 6.70
6.75-6.39
L. J. ANDERSON St CO
Bankers and Brokers,
COHOK, STOCKS, GRAIN
Corospoiduti CipHal $250,000
RCFCRCNCC. TMg NCAt RANK
SHONE MIT. PRUDENTIAL SLOG
TIIOH. J. PRKIT.K8. Ceshler.
JAM. U. LKHTCB. Ase't Cashier.
(XHTON, GRAIN, PROV
3t% .ad 100 1
CtoreO itniilf.
YIELD OF OATS
ON CAROLINA FARM.
to TV 1; rer Klin.
Newberry. 8- c - Jun * **•—** not
heretofore known, the feet ttut cotton
the only profltable crop In Netr-
county ha. been proven by Ed-
Hlpp. of thl» city.
ni'.nty.lwo-arrt fli-M ■
Htpp h(.‘ Jii.t xath-r..! 1.5S2>
BIG
Bpretel
la not
berry -
win JL
MADD0X-RUCKER BANKING CO.
CAPITAL $200,000.Crt
SURPLUS AND PROFITS .... $500,000.
ACCOUNTS INVITEO
W’e invite accounts of individuals, corporations, banks
and bankere nnd offer the beat terms consistent with
conservative banking.
In our Savings DepRrtment we allow Interest at the Rate of 2 1-2 per
CKS, BONDS,
Mlif, Atlant$. 0§.
Sew ferk Ctffn
taw Ofltaai Cattaa lt<h$»ta.
Uatraaal Cattaa Atiadalla*
rrirata Witat te Maw Yark. Hew Orlaaat, Chitaf«.
tall fleet 1242.
Chita ft tearl at TraSa.
Chiaao Statk h(h«p.
ham Yark Cattaa iulitft.
f C. COT MM AM. Miiestr.
StaaSarS rkea
bushel* of i
PIEDMONT BROKERAGE CO.,
(laoorporated.) Basement Floor Piedmont Hotel.
iTOCHt. OONOS. GRAIN. PROVISIONS, INVCSTMENTt,
Feet Wire Service from Now York, Now Orleans, Chicago.
CORRESPONDENTS
M. A. SAGE 4k CO.. A* BROADWAY. NEW VORM.
IDW Hont. Kaaaftr. latal A*4leay Dlttaata Salt the* 1*1.
ter-