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THE JULY OPTION
NEWS AND GOSSIP
01 tha Fleecy Staple.
NEW ORLEANS BULLS HAVE
IT WELL IN HAND.
New Crops Lower on Reports of
Improvement in Grow
ing Crops.
fntrrpflt lii the cotton market today waa
JhK? to toe July option In New Or-
"There la a ilanyeroue option to trade. In-
.Awn na the eeatomary inaryln can l»
tmeil out In a few inluutea on either aide
I'the account. It la a poaltlon to be
tnlpulnted either up or down to ault the
baila hence broken there are refuel tic to
Kept builneaa unleaa recelrln* or dellr-
Srlne the actual cotton la contemplated. A
euraln of M per bale la required.
"rhe new crop montha In that market
•hiw a declining tendency, doe to reporta
SI general Improvement In the growing
C The Tlmea-Pemocnt pnbllahcd in report
n the progreaa of the rottou crop during
The month of June thin morning. The con-
aenaua of opinion la to the following ef-
"mitlnct Improvement haa been the rale
_ hough Georgia and certain aectlona of
the rnrollnta complain of damage from
aiceaslre ralna. Taking the belt a. a
Whole, there haa I men practically no aban
donment of ncrenge.
The cultivation haa been good, though
lihor la acarce In moat dlatrlrta. The boll
weerll la rcivorteil from aome pariahra
la houlaiana, but the peat acema to bo
kH menacing than uiuul In Telia.
In New York, the trade la apparently
rue na to
the courae of price. In the Immediate fu
ture hence trade la dull, with the tendency
toward n lower level. Midday price,
ahowrd a alight decline aa compared with
luturdny'a Anal flgurca throughout —-
The New Vorh Commercial. In Ita review
or the cotton market, on Saturday, nya:
•There waa a decided change of aentl
meal during the lute trading., and there
are ninny who now believe that October
la ao Imdly overeold that there will lie no
eaca|>e for tha abort# to that month, no-
mailer If It ahonld lie a 13,000.909-tale
crop. The amith and the rlnxi are ahort,
and agnlnat their ahorta la a long intercut
reprcRctitlng anlea to mill* which can not
be dlalndged. The general aentlmeut after
the dime yeaterday termed to be that a
government reiiort In the leant bnlllah
might breed a runaway market."
.IFH 1'irK. if Mi/ — — IUHUU Hiaiart
further good covering by ahorta olfaet the
wrakneaa of enblea and catmed the market
to c|vn atendy. .... - .
There wna n dlapoalllon to even up for
the government report due totporrow. Thla
Influence clicckeil new bualncna, nud mnile
It difficult for the bulla to follow up their
idtintngr.
After veiling down to 10.1.1 for Oc
tober and 10.28 for December In the
late forenoon, the market rallied a few
pofnti after midday. The recovery waa
ahort lived, howeved, and under room
liquidation and ahort aelllng by wire
hounev, pricea again weakened and at
l o'clock allowed a net decline of 5 to
I polnta.
I*rlvate Wire to olhert & Clay.
New York. July 2,-Mverpool at 12:*) p.
SI' h" ”* * W *** r- w ** M P*«ted to be P 1
.New Orleana. July 2.-The July-aqueeie
being entirely local Liverpool jguorra tho
advance which waa due. The advance of
1 to 2 polnta In fall montha la, however
dlmppXlng^tomc op.tou, being c,peeled
no gocel
1 belt la
dry bur generally cloudy.
Beyond having a good undertone, market
tor Th ® i5 lr lliuldatlen tbua
far today haa avaumed exceedingly amall
Ing Improvement.
■Hr '* to trading with nol
nndlcra. nulla claim enn pnt thla optlor
■5her. hut If manipulation ‘for any renaon
la abandoned apecnlallvo long! will be In
a deUcate poMtlou, hence we will want M
p®« Dale inarrtn.
Private Wire to Ware * Inland.
New York, July 2.—Cotton opened ateadler
•h*n eapected, though there waa aome Wall
IHm 1 ;!**ed on poor cahle# ami fav
orable Tlniri-Itemocrat report. Trade light
and largely of profearional character.
Liverpool caldca: "Market Handy: bull
eai limited pending bureau report.”
New Orleana, July 1-Urerpool la about
*• expected up to 2 p. ui. 1 Tho Tlmci-
IJemoorat June report ou the condition of
<-—r— tod and
the crop la more Iwarlah than expocted i
K Inti to a higher bureau report than
en flgured ou.
SHORTS THE BOOSTERS;
LONGS DEPRESSORS
New 0r, eana. July Iv-Tlmei-Iiemocrntl
Short! were the lioaHer* and longi the
I’tlce depreaaora In Hnturday'i cotton mdr-
*!*; ., r ,he Jn y poaltlon waa the hlnre on
which the thing nwung. and very little at
tention waa given tbe movement, the
weather pc the nplnloua emanating from
jlfje Vork. Beyond the trend of current
eveuta, the altuatlon appeara to be re*-
[amnsMy clear, becaute It I. quite generally
recognlaed that Jnly atrlngency la everting
a aoniewhat potential Influence aa a ana-
talnlug factor of new crop option*. Imcal-
lly. strnddlera for the moat part art car
rying the apot month abort Interest, and
dlaguat with their tiargaln baa turned them
all Into analona >001011 for cover. But the
few men who control the altuatlon have
be poured toto New Orleana for
tender pnrpopea. The propualtion,' while
..... wcoowwi, nonce tne ten
lion Intely to evidence."—Ware * Leland.
GIBERT 4 CLAY'S
DAILY COTTON LETTER.
By Private leaned Wire.
New Orleana. July 2.—The Liverpool
market waa exredlngly quiet, nptlona
showing on the dose no change from
Saturdays final pricea. Spot cotton,
however, waa more In demand, aaleg
today aggregating 8,000 balca at a de
cline of d polnta. The market’s under
tone waa fairly Heady early Jn th# day,
nut ' WnnUtonaagl dnntamhif 111.. a
SPOT con ON MARKET.
New York—Qulti. »*.«*/.
New Orleant—Uuitt, 1114c.
Liverpool—Quiet, 11M.
Aufiietii—StMuljr, ***'“
Sr. Lon In—ynlet,
Savnnnnli—yulef,
•t, *.URI.
r. imc.
•t. loSc.
>t. l«r.
LIVERPOOL COTTON MARKET.
IJrerpmd. July x, 12:13 p. m.—Cotton, spot
(jiilvt. with pricea jmaler.. Middling. —
laadi IU0: anlea 8,0V); American 7,61x1:
•licciiiaiinn and ripurt COO; receipt! MO; all
American.
ratnre* opened ateady.*
ixpcnlng Prevloua
Itange. Cloae. Clone.
July 11.81 Ml 6.01
Jnly-Ailguat. . . .5.77 5.75577 583
Aann-iW . . .1*5* 5.09 6.77
jept.-OiloWr. . . .5.01-500 500 5.00
Oct..November. . .5.60 6.56 5<0
Nov. ln-cember. . ..5.55555 6.54 5.M
Hec.-Jaimnry .5.S0565 6.54 6.54
Jaaury-Fe 565 6.65
IVbr«nr.v.March. ..550 6.505.57 6.57
March April 5.M5I0 6.55 6.50
t loved very Heady.
but wenkened'flomewhat later on free
offering., and from the fact that the
July liquidation waa much Icaa of a
factor In Importing any undue strength.
The near approach of the government’s
July report, namely, tomorrow, la prob
ably responsible for the Inactivity In
the market, traders apparently being
unwilling to further commit them
selves, although It la generally admit
ted that very little. If any, change la
looked for from the prevloua month'a
condition figures. However, It would
not be surprising' to see an Improve
ment, as Indicated by The Tlmea-Dem-
ocrat report published today. The
weather In tbe main continues excel
lent and alnce the breaking of the
drought, moisture appeara to have been
very evenly distributed. The majority
of complaints have been momentary,
and hence easily remedied with the
■Ingle exception of the scarcity of la
bor, which In reality haa assumed »e-
rlous proportions In aeveral aectlona
of the belt.
New York, Jnly 2.—The trade demand for
cotton nt home and abroad, and the con
tinued aatlsfactory development of the new
RANGE OF NEW YORK STOCK MARKET
AT BETTER PRICES
DUE LARGELY TO COVERING
OF SHORTS.
Feeling General That Declines
Last Week Had Run Too
Rapidly.
day were left with little
Balt I -
nrUay'a cioHng. London aanJ^ovrr blgjli-
eblsrabl* gain*. Then, under a renewal of
liquidation and ahort aellInf, the advance!
were quickly loet, the Pennsylvania nod
the Reedluff aha ret, which were under
apeclal pretaure, touching new low points
for the downward movement. It wna cri
dent, however, that tbe market had
greater pari of laet week, wae win
eent. Price* when forced downward teem-
MM
u cooeequence, whenever th'ere was any
et-np at all In operations for tho fall, tlio
market rallied very easily. —
Although there were no Important del
velopinentt over Sunday, the atock market
opened Arm at general advances. Tbe Imp
MMMiMlh Ta
provement wae largely due to the coverlni
of ahorta, but there was a more
fWlInc that the decline* Inst week
due. meet mock* rracuouauy nigner, Col
orado Fuel la up 214. Amalgamated ad*
voneed 1 point, Smelting scored a frac
tional advance. After the opening trading,
the market was heavy end prices showed
recessions from the ton.
The tone of the market In tbe early part
of the first hour wa* decidedly strong, but
prices declined after the first fifteen min
utes, then the market rallied, and, la
some cases, more than recovered the early
loss. In nearly all stocks traded Inthe
quotations at the end of the, first hour
were materially above tho closing figures
ou Haturdny. The widest movements were
In the Bin stocks. 4| . 4W
Tennessee foal was an eicept on to the
general strength, ami although it mads a
gain of 1 point at tbs opening. It quickly
dropped s points, and did not share In the
Utter rallies. „
Government 3s conpon declined 14c.
Other bonds lower.
ST00KS REVIEWED
BY NEW YORK SUN
Sew York, July 2.—The 8un says: "At
the opening of last week stocks Were al
most wholly of a professional character,
but there was continued evidence of the
operations of specnUtors for tbs decline
who were eudenvoring to press prleea and
to counsel liquidation by pools on which
the advance In the rates of time money lm*
tlonal rumors as to the alleged purpose of
vestigatlon of corporations, railroad and
Industrial, nnd the criminal prosecution
of officials Who might be held responsible
* tlons or evasions of the Uw.
prosperity wss on the, wane and
as simultaneous pressure was bronght to
bear upon a number of prominent Industrial
. - • lf t of the trading common-
•rop keeps the market In "statu quo."
It la a long time since market fact
lave so absolutely iMilanced one anoth
for tbe demand for spot cotton there i
TODAY’8 PORT RECEIPT8.
porti today, compart
ta»t rear:
Mobile
Knvaniinh ...
('hsrb-Ntnn ..
Wilmington
Boston .......
rhlMriplil*
Total ”T7!T7,
1
1193
INTERIOR MOVEMENT.
Total
WARE 4 LELAND'S
DAILY COTTON LETTER
*•-'th» ml'on market
la** »Vi4i' , “** tortl| y- The talent were
attitude, as tomorrow :
da* after a holiday.
The un-
... roodltlMi of
kutoril'.iiJT!!* .Ttmra-llsmorrat rsport
15:. T&Sg&Sn P&MSR
I- LiiJn! Vl-wt^tomorraw xrlU ha.s to
JUSW
g-a‘y r in'if
"^rnSSliloa I. now apt C to fa^ioe
innrkrt In amall qnnntKIri, which ..
asta tbe ilsmanit for ntw England and for
export. It now looks aa though tha hnrsan
of Inmorrow will allow no matrrlal rhangs.
It aboubl to reality show nnrar luiprors-
rarnt. There haa been very alight deterlra-
tlnn In Texna, notwtlhalandlng the howl
that lno.il apoenlatora hare ast up. In the
(’nrollnas and (leorgla there haa beeo -
nl|ght Improvamant and t material on.
Mlnalaalppl and l/mlalina whloh nffaeta th,
delerlorabon to Texa, and Alabama. The
crop la generally elran and tha ralna of
last week hare ererywher, lieen beueflrlal.
In the loeal apsenlatlrs nllnatloa th. only
prominent fratare la tbs effort of tha boll
Interest to make the public believe that
the rron la In n precarious onndillon, hoping
thereby to eatabllib a basis on which a
large long Interest might ha llqnhlnted, but
tbe cotton world will not be footed, and
whether the Interest shall ha liquidated
during Jnly and AnguH. Meanwhile new
crop pmdtloo, do not decline In brio, and
apparently are not likely to until
ton la available, nnd It la barely pomtble
the new cotton might eaone a temporary
advance later on, bnt It'll extremely doubt-
Freeman 4 Co.
PIEDMONT BROKERAGE
DAILY MARKET LETTER.
By Private I.eased wire.
Nejv Tork. July 1.—Cotton—Dull
ness and ateadlneaa In the cotton mar
ket this morning. Liverpool cables
were lower than expected and our
opening unchanged from Batyrday'a
closing. Weakness developed on the
new crop options on reports of favor
able weather conditions, and expecta
tion that the government report, which
comas out tomorrow, will show the
condition fully maintained. Wo hardly
expect much activity In the market at
present, aa the public Intdrast to small
est for a number of montha. and only
expect a trading market for tha prtn-
ent.
high far the trade
rains that relieved , ,—-—
west rsme shortly after tfie gth of Jwk
which la the date to which the report Is
carried and for this jjagM a report .of be-
tween M and <7 would be very bearish, aa
It wonld point to a rendition of at lean
19 for the period ImmodlatHy after tho
GIBERT & CLAY
" 1 ALABAMA I
BONO*.
COTTON. CRAIN.
COFFEE. PROVISIONS
ATLANTA. OA.
MEMBERS*
of Trade.
..a Aaanriatlea
itton Eaebaaga
’**•' and Long DtiUaca^TeVaiiho'n?K95* tlchaD ^ R. FAQAN, Manager,
Issues, s large pert of the trading commun
ity arrived at the conclusion that tbs.turn
ing point had corns In the market and that
the general tendency of prlcft would hern-
after be downward. Another mailer which
American Sugar Refining..
Anaconda a*.....
American I,oconiot!re.....
do preferred....
an priTeTmi.
American Smelling Hrflulng
do preferred....,
Amcrli
Jtnltlm v
llnaiklyn Rapt
ferred
Cotton oil..,.,,
nd yhlo.... a...
■■••'ir Transit
GuluL _ _
ami Northwestern
and oblo
Coloriulo Fuel nnd Iron
Central LMtliW.,,, «...
tlo preferred
Chicago nnd Great Western
Chicago^ Milwaukee nnd 8t Paul
DHawaro aud Ihulson........
nistlllcr'H Securities
do preferred .*..!'.,!!!!!!!!!!!!!
Gcuerai Klectrlc
Illinois Central
American Ice Becurltles
Louisville and Nashville
Mexican Central
Missouri Pacific
New York. Ontario nnd Western
National Lssd..
Northern IMcIflc .i.
Now York Central..,'.
oHMod Stool Car .a.,..*....
do. preferred
• me Mail
. .ading
[tepubllc Steel
IKock Island..
■k
do. preferred..!
Ited States Rubber
tJiltsd
do preferred
ftoathsru Pacific
Southern
n Railway
preferred.
Slosa-Hheffteld
niwg-nncuifiu
Tennessee Coal and Iron
* "~rille
union
United States Steel
- — preferred...
Vlrglnln-Cnmllnn Chemical
do. preferred..
Western Union.
re fe rreci!.'!!! I .*.*!".*!!.* 11
Wabash
do. preferred
Wisconsin Central
do. preferred.
NOTES ON GRAIN
Pointers on Provlalona.
Private Wire to filbert A Clay.
i hlcngo, July I balleve th*r.c will he
enough pressure on July wheat to carry tbe
market lower. There la goad evidence that
cash wheat offerings are free.
mission bouses bad buying orders at the
weather and fair July deliveries, compared
to the local elevator stocks. Trade hero
— Logan offering May.
slow.
Kid son Just sold 200 September wheat.
on July contract*. There will be m
corn and posstbljr a little oats. Light
deliveries of provisions are expected. «e
packers have been active In changing from
July to Keptemlter. although there may
be fair deliveries of short rilm, which will
be,taken cars of by Armour.
The Record-Herald: "With prices above
'fiat ^▼^.. wlth llberal deliveries of
vheat
a lai
el. i
t on July i
ana
- .srae
crop Immediately available, It waa a<
~ *
der that the speculator waa i
take tip the burden that boms miners
foreign consumer* refused to liear.
g on accident to the spring whest i
ilch will, of course, put a new face ot
iv ,nx. u mu. x nuifr, inn a new irit on inr
•nilrr <ltu.il.in, it r. up („ th.. rnrmrr to
i"l'l hi. whrni, or im II — - —I—
It which the fnretl
WEEK IN WHEAT
STARTED A SHADE HP
COMMISSION HOUSES WEBS
THE BEST BUYERS.
Due to Better Cables and Light
Receipts in the North
west.
buyer
dtrablp quantity
t at ths moment very far away aa t<
S t at thi
> Knells
area, with
RANGE OF THE COTTON MARKET
RANGE IN NEW ORLEAN8 COTTON
rivTivue
Open. nigh. Low, 8«le. Close. Close.
July .1U« 11.8) 11.06 11.06 11.04-06 1L14-16
Aug. .10.62 10.66 10.64 J0.64 lft.5446 10klM»
Kept .10.37 10.38 10.34 10.14 10.33.
<Vf. .10.12 10.26 10.19 10.20 10.20-1
Not 10.21-33 1S.3S-ZS
Pec. .10.26 10.38 10.23 10.23 10.23-24 16.23-29
Jen. .10.33 10.22 10.28 ia28 10.20-31 10.34 83
Tab
Mch ....
April
Closed quiet nnd steady.
10.41-43
RANGE IN NEW YORK COTTON,
the range In cotton
nS lid
.10.28 10.28, 10.X
. _ ... JO.27-32
10.22 10.22-24 U40-41
10.24-21 ia4i*a
th. ...... ..... ..... iu.M-ea
ilch. .10.47 10.48 10.40 10.43 10.43-43 10.41-49
ipnl
Closed steady.
COTTON SEED OIL MARKET.
wn. worked to It. fulleit extent n; oil «il-
verae fnctor wn. the nnnouneemeut tout 1
number of nnthnclte, coni mto... would
rlooo down for a few dnj«. Th . woj i-oth-
lax more tbno the u«unf eenutlnn of Ubor
nt tbe mlurn .round the Fourth of Julr.
But while the.nrxumeutn for n d.prr.don
here eunmernte*l hid In lo.tnnee noy
real merit, there win one fnctor v/hlen eou-
trtlMited inrxely te the nneeran of tolorjHn
worhlnx for n decline to the ITl.rket. till.
Imrnrmentn, which thl. jenr nre iho l.rsc.t
ou record.'—Glhert * Clny:
TIPS FLASHED
From Wall Street
w;as tnmi * c.. :
"Moderate recovery In the stock market
would not be surprising today. Hnoh ac
tion Is due. ftarardsy’s weakness appeared
to have been largely manipulative. The
market looka a little add oat, as It will
very likely meet atock on reasonable ral
lies. Vulnerable stocks should be'sold
.New Tork, July.2—Tho market for cot
ton seed oil was quiet, with prices a shads
lower. Refiners sold some, and outside
speculators offered more freely. In ths
near positions. It waa at!!! a waiting mar
ket, while the new crop deliveries were
susceptible to narrow movement In cotton
and ths steadier feeling In lard. 8pot was
inlet, with prices nominal. Trices at the
los^wsrs unchanged to %c higher.-Ware
Opening. Close.
_ Jly 36
August
September
October .
November 34 $34>4 :u\i
December 314031» 4 31*41
Closed steady.
LIVERPOOL GRAIN MARKET.
tv heat opened unehauged: 2’Ji n. n
unebangsd to H higher; rlosed uorliang
% lower; closed 4 high
Wheat
Corn ,
Oata ..
Iloga .
CHICAGO CAR LOTS.
Today. Tomorrow.
I
_ THE METAL MARKET.
By Privet. Lmm*! Wire.
New York, July J.—'There ru
nllrhtly firmer In tone In tin whlyh
ndvaneed 1-1 for .pot nnd nearby lie
llverlea. Other rommodltle. were
nominally unchanffmL
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.
I podtlonn”
New York. July 5-lIanhan Spader 4 Co.:
The Influence of n con arc nrtlnn on nn
extreme of Irapulnc from extreme Hew. of
•a nctlre nud, perhnpn, iwfteettoff nu VX.«
if the iHildle, In ramored by the ndjoura-
ment of that body. It. enactment., wheth
er for the (ood or for evil, will he to
Stock, plentiful to loan crowd, and will
encownxe renewed bear drtren nud create
farther llquklntlon. while thece l. n prow
pact for nol'l Import., henry d .huraemrnt.
of mouey for Int.mt nnd dlThteudn to be
made thin week, nod the fact that eon-
doubtful If rnlllen are pronounced
to nay extent. It would room, howerer,
that from now ou the good etoeka
■how prod table turn, when bought
xckn nhouki
htoanhnrp
American ntockn to London ntrong I40\c
.bore parity.
Tone of newnpnper comment over end of
the week coo2.7V.ttr., bat fairly coufl
deutl
fatted dtatro»t«l half yroretonnn with
narplun to oHfhborhood of 5199,065500.
T mr about It per rent on Hock.
Forty-four road, for third week of Jane
tow .reran* groan Inc ream of 14.S5 per
Nntloanl city '**nk nhown principal ennb
gain to tank Matemeut.
Exchange .till at gold Import point npd
name purr hew* of tar .old In open market
to Loudon for American account thought
poeelbir.
Twelre Induntrtnln declined 31 per celt.
Monay on Call Working Tightar.
Money on call opened at « per cent;
hlghaat 7 1-2; loweal & 1-2; cloning
Frank Ilawklu, Prenld.nt,
n. M. Atkln.cn, V. P. Thama. C. Erwin. Atet. C.hltr,
Jowph A. McCord, Cn.hl.r, B. w. Pyere, A.et, Chirr.
Third National Bank
Capital
Surplus
. . . . $200,000.00.
. . . . $300,000.00.
OIRECTOR8t
Prank Hawkins.
H. >1. Atkinson.
Joseph A. McCord.
U R. Rom
HAVEYOUANYMONEY AHEAD?
In It Investod where It In perfectly tnfeT
In It arallablo now It FORTUNE abauld knock at
your door?
Prepare youreelf to tako advantage of opportunity
by Invoatlng your aavlngi In tbln bunk, where they
will earn 3*4 per cent COMPOUND INTEREST, be pop
fectly safe and available practically on demand.
CENTRAL BANKS TRUST CORPORATION,
CAPITAL $500,000.00
Am G. Candlsr* PrstldsnL
W. H. Patterson, Vles-Prssldsnt. A. P. Col#*, Cashisr.
John 8. Owsns, Vics-PrtsidsnL Wm. D. Owsna, Asst. Cashisr.
Isli market*, but th« continental
■HVMlh th* exception of Francs, show.
Ing axtratps ludlfftrsnco and ars « Ion
way out of llns with America.
I *t *»ni has ma«l* a good ahowlng during
th* lilt wssk. Th* pries has Ti*bl rs*
msrkahly wall, in vlsw of th* splendid crop
promts*, th* heavy racclpta nnd ths ab*
oonc* of any mntorlal distributive demand
through th* *nat. Ths atrength Is *i-
plained bscauas of the heavy ablpmsnts
mads to fill former sales, and tKK*ans* of
th* sxlatsncs of a largo specula tlva short
Interest In Jnly delivery.
"Quits a atrodg bnlllah ssntlment I ...
nlng In ths oata trads. Ths bsllsf la wld#
"Quits a atrodg
Ing In ths oata t
spread t^at the crop will turn out light lu
cut down
Private Wire to War* k Iceland.
Heaviness of whest nn* mors to lark of
buying ordera. offering* light, and any
buying at all will kelp price*. Thrr* la a
cards here from Argentina saying heavy
Cudahy aelllng May and December not*
a used weakness at th* opening. Around
16c for September, Well* and ths Northern
Grain Company war “ " *
Trads now vary quiet.
best buyers.
^■HcagoTsd Its first new wheat of ths
season Saturday. Five ears of new turkey,
hard winter from southern Kansas arrived.
They graded No. 3 bard, and weighed 61
pounds to ths measured bushel. They wsr#
held at 3e over th» July price, and a local
miller bid 1c over, but tbsrs were noi
snlee. Last yeor. tbe drat ear arrived on
tho 2*th, and Inspected No. 3 red, and
brought 31. It was from Missouri. The
nn»r»M.i«’iit t>f ii”H whout Im ixi.ttl.il t.i In-
rruase slowly from now on. but those who
|have mad# a close cantos* of the sltun-l
Itlon say they do not expect w heavy
movement until after July IV
"Wheat bulls derived n little consolation
front a Rroomhall cable, which said the
weather In Francs Is droughty nnd prices
weather in Francs is droughty and prices
are now reckoned at a!»out an Import imals.
July wheat In l’arla has advanced 3c In
two weeks.
"A decresao of nearly 1.000,000 bushels
Is expected In th« visible su|
for the week, compared with
els last year."
NEW YORK COFFEE MARKET.
Following 1a gtren the opening ami rinsing
quotations of the New York coffee market
—=::::!?8?SK
April
Juue ......
July
l «ovsmnsr
.December .......
Closed ateady.
THE 8UQAR MARKET.
locally rsfluad A and raw maftst steady
and unchanged.
London beet market steady; July is 3d.
August 2s 2*&d.
BANK CLOSING NOTICE.
Wednesday, July 4th, la a legal holi
day. Ths banka composing the Atlanta
Clearing House Association will be
closed for business on that day.
■fOMPH A. McCODD. President.
DARWIN G. JON EH, Manager.
WEEK IN WHEAT— .Markets
Chicago, July 3.—After opening a
little firmer and holding steady as re
sult of wet weathsr throughout ths
northwest, wheat suddenly weakened
on heavy offerings, final figures show
ing a rather substantial loos from those
of 8atuiHay. Tired longs were the
principal sellers, though commission
houses had quite a number of selling
orders, especially on the hard spots.
The breaking of the Argentine drought
and the heavy offering* of new wheat
from tha aouthw.at arrv«d to nffaot
•Ifact of nit wMth.r ovar Sunday In
wlnt.r and .prime wh.at territory. L'n-
l.aa miller, show- aom. dtinoaltlon to
toko new wheat, futurea will natural
ly work Hill lower.
''Corn haa b«en dull, but hna ramrod
■teadlly lower. Caih trade la good, de
mand comlntt from el.vatora to apply
on July dalivary aalea and a little local
Industrial and local .hipping. Ca.h
corn In the lamp), market off 3-title
following almllar decline during >,ime
lime In the futurea. Crop iirnanecta
excellent.
CHICAGO DRAIN MARKET.
The Chicago grain aarkat ran,*! aa fol
low* today:
Open. High. x»w. CtaB*Ctor<I
Prevloti
WHEAT—
July. . 8M
E‘v.-«
COBN-
si
i#$-m
Bffi; nt
1*0 RK—
62*4
62V
: :1«L it-K i57?i4 m S3*
Jko. . urn ...ta..
Kept.
IsiokS^
no
2.48
2.30
v n m
Cash wheat, No. 2 red 88; No. I do so
No. 2 hard winter 204782: Na
* No. 1 northern spring 88; No
No. 3 spring
NORTHWE8T CAR8-
nst week and last year:
Today. Wf
Minneapolis 2*7 3
Dulntb S7 4
Chicago l< i
PRIMARY MOVEMENT.
Ths following figures show ths prla
lovement of grain |
Whest—IlecHp Is 466,000 bash el a.
SOUTHERN EXCHANGE
Oldest Established Office Mouth.
CO non STOCKS BONDS- CRLIN
Ground Floor Gould Building. Dally
market letter and market manual
mulled f»n Mppll* atlnn
L. J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, BRAIN
Cormponhnt’s CipHil $250,000
NCrCRKNCC, THE NKAL SANK
PHONE 1417. PNUDCNTIAL SL.OO
$14,250 IANDN0TES6 PER CENT
Made by one of the wealthiest
men in Atlanta and equally
indorsed.
No Brokerage Nor Commission.
Address
LAND NOTES,
Care Georgian, City,
WM. L PKKI- PrroldraL
ItOBT. F. MADDOX, Ylta-Pr*.-
MADD0X-RUCKER BANKING CO.
$200,000.00
$500,000.00
CAPITAL
SURPLUS AND PROFITS . .
ACCOUNT* INVITCO ,
We Invite accounts of individuals, corporation?, banks
nnd bankers and offer the best terms consistent with
conservative banking.
In oar Having* Department wo allow Interest at ths Rats of 21-2 per
cent. Compounded Semi-Annually. •
ware: a ceCiAjndl
COTTON, GRAIN, PROVISION
5NS, STOCKS, BONDS,
a,, j wtii st.. rtu,. «.;«/•». an..;., e..
XIHIII:
fro r.r» c.ifo.a,,,,,* >..ri.’ toft
a.* 0fi«..i c.it.. f,<»•■««.
c..r« __ L "'J c c0fliif ■' iVnV.,,.
Jiubdhii
PIEDMONT BROKERAGE CO.,
(Incorporated.) Bsasmont Floor Piedmont Hotel.
6TOCKS, ROND*. GRAIN. e*OVI*ION* INVMTMXNT*.
|Fast Wire Service from New York, New Orleans, Chicago.
CORRCSPONOCNT*
ML «f. SACK A CO . 4JI BROADWAY NCW VORK.
IDW. IIOTie. Mtntjif. l*of iillou Ditttnt 0*11 fkss* Ml