The Atlanta Georgian. (Atlanta, GA.) 1906-1907, July 04, 1906, Image 11

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ATLANTA GEORGIAN. DIB NOT ENIHUS ONLY SMALL ADVANCE FOL LOWED ITS READING Trade Do Not- Know How Take It—Did Not Support. A4rlc*» from Llrerpoo! til* morning were not **«Mir**ln«. eepeclnlly n» regnrtls spot cotton. Snlen were reported of 6.09) lmles •t • decline of « points, renting middling MM At the opening futuron were about ns <■* nected, but the close was easy at a decllue of S to 6 points ns compared with ycster ^Mew^Vork 8 *” the opeulng wns steady with orlcro 4 to 9 points lower, a further slight line foliosing, thu loot point Inducing S covering, on which prices steadied nu3 advsncetl to near opening figures, after which trading was very light with it ucrv- OO. feeling apparent jiendTog the Issuance of the t ^orj rr * At’ 10; 45°Vcf ock Charles L>. Freeman A Co., New York, Issued tho following clrou **f.v eir York, July 1—The mnrkct opened lower this morning by reason of fair sell* In* orders from the South aud with little burlntr eicept by room trailers nt the do* Hlne The tone !• steady and thero Is not likely to be any material change in prices ou the Issuance of the report, ns the trade has made up its mind as to the market condltlou, so that any bureau report or any speculative interpretation of it will be dis regarded. The report should show some lmprovelnent. which will but confirm the l«*st Judgment lu tho market, l-’rom 10.2.» for December a considerable* forward-busl* ucss will be done as the price declines, bpt the menace for the time lielng Is the large long interest which Is hauglug over tin market from tba April and May campaign and which might week a market If the owner of It should by chance confess tho truth to himself." ; Promptly at 12 o’clock the report v Issued giving the condition at 83.3: and ns niesses ranged all the way from 81 to S6. ft fell flat and for a minute or two trade was at a standstill. At this point tbs le market some support, _ little spurt of activity and prices advanced feebly some 7 or * points. .. It la safe to wy that not ten men on the floor expected any such figures. The ring hardly knows how to take It. October aud December were immediately put up 6 and 8 points and July was sent up 6 points.”' The figures compare as follows with pre vious reports: July 3. 1906. 83.8: last month 84.6. June 25. 1906. 77. Jane 25, 1904, 88. June 25. 1903, 75.1. To close of June, 1902. 84.7. To close of June, 1901, 8L1. To close of Jane, 1900, 75.8. The average condition for the past ten years Is 111. ■ SPOT COTTON MARKET. New York-Quiet. 1 New Orleans—Quiet, 11%C. Liverpool—Easy, 6.06d. Augusta—Quiet, ll l ie. St. Louis—Quiet, lff%c. Savannah-Nominal, !0%e. LIVERPOOL COTTON MARKET. Liverpool. July 3, 12:15 p. m.—Cotton, spot quiet, with prices easier: middling up lands 6.06; sales 6,000; American 6,700; spec ulation and export American 7,600. Futures opened steady, a. Opening July 1ST- July-August. 6.74 receipts 8,000; Close. 6.75 6.7(1 Hep.-Oct. ,.6.67 ...5.52 . ,.6.53 bec.-Jm., . Jan.-Feb.. . Feb.-March, . • March April.. „ „ ,.6.66 Cloaed easy. Previous Close. 5.81 5.76-5.77 fm 6.54 5.60 5.49.5.60 6.65 6.49 6.54 6.49 . 5.61 r,.« 3.W 6.66 6.61 6.66-5.57 6.5X4.63 6.65 TODAY’S PORT RECEIPT8. Tb« following table abown rewlpta at tb* I'ort. today, compand wltb tbo atm, day *ARE A LELAND’8 DAILY COTTON LETTER mi.tT. T"?’ JpjT '*.—Tho foataro of th, tlmi i ’**"* ® monthly roport. opera- KM * gnat nicaatire iloteriulooil mLroofi t,e,or trading during tbo SyiaF-TM.— • roatrlctod acalo. Aftor J'loTrto *5°w'« •* uoadltloa m. AJJ'' market adraacl abarply It Ew P Th?.2 , T t° baeo«o dall and llat- •M th.? «boafa« rxp«tc<L •lev. ,h. T««a baa Intururrd th. .*•— Bp - “wW to that anttloa. operata agalaat thlr.T:?^? lr, ^£. # " ,b * auraao,. While la “•* proaanro. the woaknoaa tKs* jSw’aasJFsSr'iB 5Ktwy u S5 'St SEJiij • ss&K§g SffWSS wai ,***4 rolf- bat In gen- NEWS AND GOSSIP Of the Fleecy Staple. Liverpool says: "A waiting, featureless Journal of Commerco says: "The main features which him* dlstlnculslu'd tli.> .market for several weeks pa mam unaltered. •easing settles centlve anywhere ?d yarn goods wanted first hand unces, rind no dlffi sold from eight to cloth construction." New Orleans, down Is about i rlentiy prefers Tuly 3.—Liverpool 2 to 3 expected. The trade evf wait today’s bureau be aggressive stand on elthe Waco, Tex., wires us as follows t yesterday’s Mate: "Good rain falling hfcro tonight; not needed, but will do no harm." fly s map snows fairly gem the belt. Weather conditions are as a rule cloudy, with lower temperatures. Liverpool cables Meysenburg & Sullivan * follows: "China and Japan nro tele graphing canceling cloth orders." Western forecast Indicates fair weather :e. par ii.* ciuuu, in eastern am Texas. Private Wire to Ware & Leland. New York, July 3.—Tho New York Com mercial s«ya: "The cotton world expects the* report today to be bearish. The tip yesterday wss that it would show an aver age condition of about 86, and this rumor was probably starred because that is about what tho market expects." br the g< . 'hey put it at 90,003,000, and argue that ritb present conditions maintained, the utlook points to 12,500,000 bales." considered bearish 1 am unable to perceive. GOVERNMENT WEEKLY REPORT ON WEATHER Alabama—(Montgomery)—High tempera- ires prevailed. Scattered rains fell dur* wees. Arkansas (Little Hock)—Forepart of tho week was cool and tho latter part was warm, mean temperature being abovo nor- 1 ■* "iutr ' 1 * - * * ties, the rainfall Dej__ east, central nnd southern counties below. Elsewhere the moisture supply Is apparent- lv sufficient over the greater part of the state. There whs ample sunshine. Georgia (Atlanta)—The temperature waa excessively high, n maximum of 103 de grees occurring nt Albany on 30th and the weekly means ranged from 3 to 7 degrees above the normal. .Scattered showers wore frequent. The rainfall wns unevenly dis tributed. Excessive rains occurred at a few stations, while there was no .rain at other*. Tho rainfall was below the normal. Louisiana (New Orleans)—Showers daring the early part ot week relieved drought In most plnces. ltulnfnll was unevenly dis tributed, being heavy in parts of central and southern parishes. The temperature was above the normal In the southeastojn parishes and about normal elsewhere. Sun shine wns deficient. .Mississippi (VIcksbyrg)—There was much cloudiness with moderate temperature dur- .— •*-- - **- •- ‘ou* show- avy rains in south. The latter part of the week was The mean tempera’ j the normal. t (Rale!gh)— 1 Temperature on the 29th. The precipitation wia about one-half the normal amount. Home severe thunderstorms occurred, doing considerable damage In places. Oklahoma and Indian/Territory(Oklahoma) -Weather was generally clear with mean •nipe rat urea near the normal. ITeclulia- occurred over ocati and 99th. South Carolina (Columbia!—The week waa STOCK MARKET OPENED ACTIVE IT WAS AGAIN UNDER SELL ING PRESSURE RANGE NEW YORK STOCK MARKET Sugar Refining ,,,., — 974' 95' 4 97HJ 974 I31V 1334 131V 133 1JT4 ! l-«* 129 | j;v v 129 13 J35 2374 374 : A Few Fractional Losses Followed the Initial Dealings— Was Lacking. Vim. Ilnx1tl.11 JCnpIil Tranali By Private Lensetl Wire. New York, July 3.—The security dealings today were governed entirely by the consideration that a market hlch had been going down continu ously for a week, with resulting losses, was entitled at least to some sort of a rally. Kven those who believe that the tendency is still downward, nnd that the low price limits have by no means been reached, were willing tn admit that this Idea was well founded. Ac cordingly, tho morning’s operations given over chiefly to buying In against contracts for tho decline, add ed to which purchases were made freely by professional operators who saw the opportunity <»f a .small profit .on the long side. Under the buying j from these sources prices rallied very sharply after a half hour or so of un certainty at the opening. The stocks which have been sold most heavily for abort account, such as Heading, i’onn- ■ylvanla, Union Pacific, Copper, Smel ters and Colorado Fuel, were the ones which rebounded the swiftest. Tho lower priced issues and stocks whose movement Is slower made only a frac tional gain, while many of the manip ulated pool specialties made no re sponse at all. The utmost that could be said of the day’s happenings wns that they revealed a good undertone In tho market and a cessation of li quidating sales without carrying much conviction that the turn for tho better was anything more than temporary. STOCKS REVIEWED BY NEW YORK SUN New York, July 3.—The Pun say*: "The stock market was once moro wholly under the Influence of heavy liquidating sales and bold speculative operations for the decline, which governed Its course through out last week. Not only- were tho lower prices on the current declining movement touched, but the average price of stocks Advanced to levels only 14 point* higher than tho low level touched In the break following the Han Francisco earthquake, while some of tho prominent stocks, such ns United States Stool shares and New Y’ork Central, Pennsylvania nnd Asuuga mated Copper stockB made now low roc ord prices for the year. In tho forepart of the day, the market reflected to a great do preferred General Electric Illinois Central American ice Securities Louisville and Nflshvlllo Mexican Central .Missouri Pacific Now York. Ontario mid WVmi.-m. . National Lead. Pacific...., do. preferred Pacific .Mall Heading Republic Steel '* *: II* _(4 ■ United States Kubber.,.., do preferred Southern Pacific Southern Railway. do. preferred....,,.,,. Sloss-Sheflleld Tennessee Coni nnd Iron Texas nnd Pacific Union Pacific United States Steel do. preferred Vlrglnln-Carollna Chemical do. preferred Western Union........ Wahnsb do. preferred Wisconsin Central...,.,.,..,,, do. preferred RANGE OF THE COTTON MARKET AT NEW YORK. The following is the ' ranee In cotton utures in New York today: ’ _ . . Last Previous Open. nieh. Low. Hale. Close. Close. July. .10.15 10.26 10.14 10.22 10.22 23 10.24-23 Aug. .10.20 10.23 10.19 10.27 10.27-2* 10.X7-2S .10.22 10.3S 10.22 10.30 10.; ' 27-29 ,30-31 adherents in the financial district that re cent declines In stocks had been excessive nnd an upward renetlon. If no more, prices was due. This was assisted by vlslldtf Improvement In sentiment In the London mnrket, but although prices for American stocks were higher In London than they closed here on Snturdny, the rise was backed up by no purchases hero for foreign account to spenk of, and, therefore, although In tho first half hour of trading hero gains of n point or more were made In many storks, these soon disappeared under an outburst of selling for both ac counts. Thereafter during the day tho market, although uncertain at times, was a pretty generally weak one. One drive after another was made at It, and on oach occasion followli lies were feeble. •wing these onslaughts the ml- U.Y Th. rainfall waa un*,tnl. 11 narta of atate ha.a amnio molalure. unaslna waa aliout tho arrriro. Texaa <<falrintnn>— Honrjr ibowera ami thnnd.ratnruia wore xonoral at tba heath- nln* of tho weak In rentml, raatfrn ami -rant coantlea mill broke the nrolonaM wrought In aoothaaatarn conn tire. In north- waeteru coantlea and In Rio (Irande and lied river rallera rainfall waa conaldorablr helow tba aaeaon’e aroma* and man. cotin- la thane aoctlona received -1 peratnre arcrated about non there waa ample aunabtne Tenaeeo* (Naabvllle)—The wel warm, the maximum temperature. hein« shove to dearees In the laat three (lira. Excepting ahowera on the drat two dare, the week waa aenerallp dry, althonah hejvy local mini occurred at a few {Oacea on Wedneaday and Sunday. Rain la centrally needed. ^ GIBERT A CLAY'S DAILY COTTON LKTTER. New Orleans. July 1—Option* In Liver pool eloeed eaay at a decline of 6 point*, the loaa thua occaaloned bavin* been brought about by n aomewhat heavy llunld*- — — “ In antlduarioo of yovernment. spot aaiea ware VHU old quotation* beln* reduced » the earlier tradio* of the local a cea were more or le*. erratic. I,u polnU. _ ■ ■ aeealon. price, were more or lea. erratic, hut with an upward tendency, owlna to th* fact that the openina price* havlna abown a *-*l decline, katun-l abort, were onlck to real- laa their profit*. Thereafter the market rule-1 quiet and ateady at a atbrht decile* until tho lean*nee of the eov-rnmeat'* llsurr* Of XI: for the coodltloo of -he crop np to th* »tb of June, whereupon a. re action aet In. but ifter mature reflactloo. tb* trad* earned to arrive at the roacl*- aloo that thM> flaure* were lot a* bulUeb a* bad at firat been conaidered. and under the Influence of free olterinaa Drive, aaaln feU away. A* far aa pre^nt day prom pacta are rone.rued, however, the aorern- » t’a firirea are of little Imndrt rioc* r atao-ment cover, a Period durlna which a protracted droaaht wlated **4 whleh waa only broken by timely rain* no of the ath nnd *I*i on the fol- ‘ both private and otlelal t to the date of rnmnllln* '* *• ALABAMA I GIBERT A CLAY STOCKS. BONOS. T. COTTON. CRAIN. corrcc. psovisions CMBCRSl ATLANTA. OA. rl? Jtock ExchangsJNVw Or>i.n« Cotton Ex^hangp.IChlrsgo Board of Trad*. ' i 1 '< C u'tnn V.ok.e... Iv■ *._* o. a. v- — a.T ip.piovtl I'allrin A haixtfi* n r«» luia ui utiiMifik ■■■ •****•*'•*'— ”• •• hearlah hurenn reixirt from the coremment, hence oar market opened caey at a decline of l*J0 iKilnta. At the lower level*, good buying *#t In for account of abort*, who were clk-l °l the opportunity to aet ont before the report wae laaued. and prlcea returned to about yeatenley'a finale, where they played, aronnd until the government flaure* »*re read. The flaure* reported ahowed a decline In the averaae condition of l.t per cent from the June report, which wyui a dlatlnct dlaappolntment to the twara, and the market ran np nbont M potnta. However, .peculation ha* been eo limited of late that the market la prac tically free of week ehort aceonnt*. and tb* run away Which ha* been talked of wae abort-Urad. With tbla report ont of the wny, nnd the erop now Juet enterin* the two moet critical month* of the acaann, we believe cotton ehould ho pnrcboied on all rcccaalotuu PIEDMONT BROKERAGE CO/8 DAILY COTTON LETTER pare mat New York, July X.—Internet centered ta ke In th* monthly government report, hlch ana laaued nt noon, allowing tbo hndltlon ol the erop at H I por cent, com- [red with 84.6 laat mtmth, 77 per cent ■year nnd 18 In 1804. Tho report, which expected by the profeaelotuile to be, at BHL 68 to 87. waa dlaappolntlng to them, land' conaidered bnlllali by the trade. After opening down Mit point* on weaker entdea. th* market twcani" ateady, nud after th* pnhllcaUon of tb* report, n aharp rally of lWH p*dnta took ptar*. The ben- eflclat rain, which have taken place aluce tho compilation of th* .report doe* not abow th* Improved condition tine* that time. Liverpool COTTON SEED OIL MARKET. New York. Joly X-Tbe market for cot ton eeod oil wae very quiet, with trene- aetlene compelec! mottlr of nrofeaetiintl a write be*. The inly do* Moo I* atilt on- rertaln, and while offering* were amall In ‘ \ there waa apparently very llt- and the whole trade held off rrnment report on cotton today. Th* atrengtb Id provldona waa tba atlmii- latlng feature, with acme Increased Inter rat known a irons foreign buyer*. The mar ket at Hi ekm* waa nncUaoged to He higher."—War* A Lclan,!. • Oix-nlng. Clou*. K'.K’ «'i J6 QM6 xmtpi'i 54H«1_ November SsfSw JjSS® December tl'ltr? Halea M July at 17 and 100 October at :tH NEW YORK COFFEE MARKET. i)ec.‘ Jan a Feb. .10.28 10.28 Mch. .10.34 10.48 10.34 10.48 10.42-44 10.42-42 Closed steady, r —— JV.Oli IIAfilbWl J 1 >*) .10.27 10.40 10.25 10.34 10.24-* lt)>J-J4 10.26 mas 10.35-17 10.34-31 AT NEW ORLEANS* Tho following Is tho tango tn cotton futures In Nour Orleans today: Laat Prsvlous n. High. I*ow. Hale. Class. Clous. 10.92 11.05 11.02-03 11.04-06 ttfl 1(8 S»kS W 10.14 10.23 10.21-23 19.9941 iolii ia» mftS lo.iJ? I0.» 10.81 10.Jl.1t JO.t'l-JL 10.16-17 10.87-11 10.43-44 10.41-43 July. .»• li!< Bmt iP 10.80 Oct. ,i«.l» 10.15 E : M ia ; g Feb. Mch „... Cloaed ateady. DISTINCT IMPROVEMENT SHOWN IN GROWING OROP New York, Julf 3.—Tho Sun says.: "Liqui dation on tho era of the government report to bo Issued today count'd ri moderate de cline in prices. Tho docllnq wns das pnctly, howover, to quite a fnvornblo crop report Issued by tho Tlmes-Dcmocrat. It shows that, ns a rule, quite a dlatlnct Improve* raont took plncn during tbo month of Juno. Besides, Liverpool wns dull nnd disappoint ing, Fall Ulver advices Indicating tho pos sibility of stocks accumulating there, labor contracts ara beginning to explra, tho weather was generally favorable and Wull street and other operators sold. Thero was n good deal of evening up of trnnnactlons pending tbo announcement of the bureau report, and If possible the market wns unr-, rower than ever. Tbo guesses cn the bu reau report to bo Issued today run nil tho way from 83 to M and oven a little hjgher. but as a rate they are about* si to 82 as Tho llouo- tltl IB W main were firm ana even Bomo of the hear houses begin to take the ground that It nyir bn risky to follow nuy decline under 10c until n goo<! crop Is assured. Liverpool and New Orleana’sold moderately. Jul~ ■* 10 points In New Orleans, where I lay as la mm M *■* *— 13 points - was recoverctl later.”- CONDITION OF GRAIN IMPROVED. Chicago, July 3.—Snow’s basis the crop should paeinnona. Spring wheat condition gained nearly 6 points auriug Juno and now Htamta at fo.l. against 90.8 last year. BXCess of ralufnll nnd some nppenrnnce of red rust in tho northwest accounts for tho decline. If re- rent condition Is maintained until harvest a crop of 2&.UOO.OOO bushels is a reasonaldo expectation, making the total whoat crop promise practically the snmo ns In 1905. 1 Corn condition sn.6, against S8.4 last year. Oita show a further doellno in prospect during Juno, mainly in Nebraska and lowu with the general average on July \ standing nt H2.2, ngnlnst i>6.9 Juno 1 nnd 91.9 Inst year. This would Indlrnto a cron of rather under 900.0)0.000 bushels or fully 10,000,0/7 bushels Jess than last year. NORTHWE8T CAR8» THE LIVE STOCK MARKET. Private Leased Wire. Chicago, July I.—Flogs—Receipts today _..DOO. llarkat strong to Ic higher; quali ty fair; left over 4.999; bulk K7<*iC>2tt: estimated for tomorrow 27,000; light S6.40 66.87)6; mixed *4606.70: heavy II.2S6&90; rough 66.2Se4.40; pigs 6S.00e6.60: yorkera 66.9W0.85; good to choice heavy 66.804:6.90. Cattle—Receipts 6,560. Mnrket strong; quality fair; beeves K10C6.16; cows QJfi i.«; heifers 62.4 f »S4.1&; calves JStJd; goc prime stern 36.104:6.15; poor to niedlui 64.06e6.20: atockers tad feeders 6S4&4.46. Hheep— Kstlmated receipts 10,000. Market steady; quality fair: nstpro 63.2Se6; western 63.2SCPI; yearilogt 65.9006.60; lambs 35^7; west«n 3Gti7. BANK CLOSING NOTICE. Wodneaday, July 4th, la a legal holi day. Tho banka composing the Atlanta Clearing House Association will be cloaed for bualnem on that day. JOBISPII A. McCORD, President. DARWIN O. JONES, Manager. .NOTES ON GRAIN Pointers on Provisions. Private Wire to filbert & Clay. Cbicayo, July 3.—The tre.ik feature wheat yesterday was the pressure of rn "irnliu’i from tin* Houtbui-Mt and imhi hii port, speculative or otherwise, except fru horts who fevered freely M the wei spots, Indlcfltlons nre that ensh wheat w still be pressing for sale and that it w... accumulate In primary markets, ns milling l« rmind la slow aud nothing " * ~ " i'ort. The only bull feature . I •lllty of n scare in the northwest, but that appT * 'liu 1111*1 IM8 . . ;ht. The high prt> de<*ltue i'M*«t two ilaja has btn'n due |« Uquidatluu. *Ve look for prlcea to go lower. iord-!lerakl says: "Crop I0xt>ert Inglls that the weight tent on this funr’M of winter wheat will innke n remark- - shoo 1 ML* Ho thfuri*s Hint It will In* nlM>ut four pounds heavier per bliahsi thaa last year’s winter wheat, or above 81 Is. as against a little over 67 pound.* « weight last year. Ractl extra pound Ih construed to mean about 7.000,Omj moro mean that the 1906 crop would weigh not n I Hint 30,000,000 bushels heavier than Inst year’s. Inglls estimates that this years winter wheat crop Is easily ,40.000,000 bushels larger than last year, but ha contends that the 1905 govern men t estimate was too high. ‘Wheat must go ultimately to an «x- ort basis.’ ssild James 1». Templeton, ‘but consider that hedging sales of July are A wet harvest would send uly to 10 premium over Heptember. "Cash grain houses unanimously rei itliaf' ‘ * rity report'd that southern Illinois, Oklahoma nnd Kansas I’lty dialers were cutting loose freely with their offers of new wneat to *“a marker. Pursing— of new crop wneat ny tnts wheat from Oklahoma, but there waa „ fair sprinkling of sales from southern Illi nois. Probably a half dosen cars of new sample cables ye9t.cn Chicago, July kidstou best seller Reports here My heavy rains southern Minnesota which map does not show. O’Brien buying Heptember wheat freely. He sold quite lot yesterday. Looks like Llchstern. Chicago Inter-Ocean: Dellrerlea op July trad— y—t—day exceeded expectations both at Chicago and Minneapolis, in the latter they were 1.616.000 bushels which went to tho mills. At Chicago Uulburd Warren and A. II. Booth delivered moat df the 965.0U0 wheat sent out, which was taken in largely ’iy Pringle. Deliveries of com wove 730,000 by elevator nterests, of ont■ 99,000, ;>ork 600 barrels, aril 2,750 tierces, nnd ahort ribs 1.350,000 pounds. Wells, Boyd, Lunhsih and llitely delivered most of-tho provisions and Ar mour took In the short rftra.- Cash business In wheot In Chicago yea >rdav waa small, b“*— —“—‘ fia — lota for shipment to i wns well Informed kllnnenpolls man wired: j "Thoro Is only ono Jlttlo sore spot In this I country, and that Is around ItUUbcro. 1 North Dakota. Kvervthlng Is perfect out side of that section. ’ Drought In Argentine, which wns b»*cl nlng to bo a factor In tbo wlu>pt innrkot. has been broken. A cable from Argentina hii.» h: "Win’lll Hblpmcnls will b>> Ilglif Ow Ing to rain up cmiutr/ nrnduco Is roiulnc forward slowly. ItAInfall gs—ral. and will do much good. Every prospect of the rain continuing for somo dnya." Contract wbent stocks in Chicago: This l*ast Last Ws«k. Week. Year. hard 1.474.517 1.621.784 95.02 red.. . 31.917 49,964 184,21 Northern.... 747,641 MS,811 472,2CC Total 6,263.0711 2,444.529 753,4*16 Corn, contract 996,860 4ll.f*d0 2,613,000 Oats, contract 279,603 324.000 419.mo New Hpanlsl: duties nro to be enforced Immediately. They nro unchanged on wheat, 40 tier cent advance on flour, shout 25 per rent lower on corn and 10 por rent OPENING IN WHEAT LITTLE CHANGED WEATHER NORTHWEST AND SOUTHWEST GOOD Cables Were Responsive to Dfi- clineB in the Chicago Market Yesterday. Chicago, July X.—Wheat has a ivea* turn early on the clear weather In th, winter wheot belt nnri northwest. Kre* ■elllng of new wheat over nlitht from eouthern lltlnol* mainly nnd ..n pro- feaatonot «* llitig preaaurw Tho pro* feaalonal eelllna woe overdone, nhorta were buylnc nnd a few larger l<mK» re- Inatatlog later on the etrenKth In corn, the announcement* of export aaiea of 64,000 Manitoba whent for export and on newa of a disposition on port of eome Illinois grower* to stack nnd hold wheat. Snow- luued u report lndlrnt- Ing 840,000,000 wtutfir ami spring wheat or equal to 713,000,000 alt tolil v*. promise of about 700,000,000 front snvsrr.msnt Juo* l.t. CHICAGO DRAIN MARKET. The Chicago grolo market ranged ns fol low* todo/t WHEAT-- July, .. 76* b! :: 3 CORN— July. . . 614 Kept. ... 61% Dec. . . 49% OAT&- High. Low. Close. SO r 79% 8 Sit M 4 * l : 49% 6lC 49% sn? KiR i P 17.20 17.50 19.92% 17.10 14.90 14.90 PORK— July. . .17.20 17.50 Hept.. ..18.92% 17.10 Jan. . .14.90 14.90 LAUD— SSfc-.vA ''cl.. . . 9.06 9.06 9.05 8IDBB- S:S If Oet. . .. 0.38 0.17H 0.3 fiini • mini wimsr tJ^ hnnt winter 75t(SIi Nn. 1 northern eprlnn No. 3 do «Hf|M44: No. 3 e|.rlng So. 1 I No. 1 Minneapolis Duluth Chicago Wheat Cora . Oata .. Hogs . CHICAGO CAR LOT8. Today. Tomorrow, 12 10 619 154 17,000 10,01 LIVERPOOL GRAIN MARKET. Whoat opened % tn % lower; 1:20 p. m., % to % lower; doted % to lower. * * * . j I’Jo p. in., % lower, l npenorl % 1 % to % 401 PRIMARY MOVEMENT. movement of wheat and corn; Wheat receipts today. 2KS.Q00 bushels, against 174.000 bushels last year; ahlnmenta today 214,000 bushels, against 336,000 bushels last year. Corn receipts today. 967.000 bushel*, against 1.11S,G<10 bushels list year: ship ments today 459,000 bushels, against 6l/>«0 bushels list year. MONEY AND EXCHANGE* By Private Leased Wire. New York, July 2.-Money 2%ff2%4; last iT ATLANTA NATIONAL BANK ATLANTA. GA. jxdc:—m^—"—-" —^ C. E. CURRIER, Pcld.nt. A. E. THORNTON, Vlce-Pr,,ld,nt. H. T. INMAN, VlM-Era.ld.nt- GEO. R. DONOVAN, Ca.hl.r, JAMES 8. FLOYD, Au’t Caihlsr. Capital 3500,000.00 Surplus and Undivided Profits $500,000.00 We Solicit Your Patronage. wirit irum nnm t niniiiy, ivnn., Rifs: When* thrashing from 16 to IG r>n*iiel« fll einerteil. It la gnlng 23 to 26 bushels. ,T Jones figured on n bails of 16 bushels. SOUTHERN EXCHANGE Oldoet Established Office South. COnON STOCKS BONOS- BRAIN Ground Floor Gould Building. Dally raarkat letter nnd market manunl mailed on application. L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Corrispondent’s Capital $250,000 SirKRCNCK. THE NCAL BANK PHONE MIT. PRUDENTIAL SLOG $14,250 LANDN0TES6 PER CENT Made by one of the wealthiest I men in Atlanta and equally indorsed. No Brokerage Nor Commission. Address LAND NOTES, Care Georgian, City. HUBBARD BROS & CO., mSti Atlanta Office*, 219-221 Century Building:. Members New York Cotton Exchange, New Or leans Cotton Exchange, Liverpool Cotton Asso ciation, Chicago Board of Trade, New York Cof fee Exchange, New York Produce Exchange. Business solicited for the above exchanges. Direct wire service. Correspondence Invited. Phones 454, Long Distance 39. A.S. ilustac**, Mgr. quota tl today: of the Nsw ^orh Ofwnfng. Ch 9.7MJ9 6.96 7.99 7.65 January February March mS** 137£jL« August C.3M Vi Kept ember 5.40-6 i:, October 6.444AS November . IJ64.ID Deeemlier 5.654.10 Close*! steady. .. ; •■ <vi «ST. 5.964.95 495.7.07 7.96-7.95 ii*t a ♦, h V. 6.60^.91 WM. L. PEEL. President ROUT. P. MADDOX. Vie. MADD0X-RUCKER BANKING CO. CAPITAL SURPLUS AND PROFITS ACCOUNTS INVITCO Vk c?JS! ?! c £ aBg#: « t,r ° r!pnn " Htnrk E f*S» e of mdsture. even tho 'irx coffee Lxchinge(NV'v Orteaoa Beard Trade.|4lalvea9i* Cotton !.*• ban fc s. nc ,| a XOTJ 1 . , . Private Wires to ail Lxcbang^s. |rot’lltUuj V-c»l »nfi Long Distenc. T.l«,h«n,i 5ZM. _ W. R- FAGAN, Minigtfl which the crop 3200,000.00 3500,000.00 We invite accounts of individunlfi, corporations, banks and bankers find offer the best terms consistent with conservative banking. of 21-2 per unded SemUAnnu WARE A LELAND COTTON, GRAIN, PROVISIONS, STOCKS, BONDS, 2 Will SI.. Mm SMii«>. Jtllaili. 0. few Y+rk Colton tubing*. Ntw Oflttn Colton lub*ngt. Uttrpoc! Cotton Astotlollon. Put alt Wlrtt to Nata Yotk, Mam Orltaot, Chicago, toll Phent Mil. Chuago Board ot Trad*. Chilian Stock ttchong*. Ntm York Cotton b b«fi. 0. C. COJMKAN. ¥aaoctr. Standard rhona 235 PIEDMONT BROKERAGE CO., | (Incorporated.) Basement Floor Piedmont Hotel. “ •TOCKt, BONOS. oft AIN, PROVISIONS. INVfSTMSNTS, Faot Wire 8ervice from New York, New Orleans, Chicago. coaacspONoeNTS M. *1. SACC A CO.. 44 BROADWAY. MW YORK. tow. NOTH. Kanagtr. local toag Dittaua tall Phono 1391.