Below is the OCR text representation for this newspapers page.

Pro to idMiUJ. the market for future lellrMT 1“ New York wna feetarelaee. the ■Niue show!of unchanged prices to an iJiaiKe of 1 point ns compared with fuirliJ * flea! figure*, which rrus n poor moooir to the advance In I.lrerpool over tor bolhlajr, that market being B points daher alnre Tuesday. Urrrpool this morning advanced the spot orire J liolnts to ID*; aulea 7.0J0 bales. p The weather over tho cotton belt con tlsoea favorable for the growing crop, a Moriah condition generally, but tho bears B rentlr taking little r. while the hulls w orlcea can ho hat THE ATLANTA GEORGIAN. mi HMMT, JItl/T ». !*«•. 11 HI WHS DOLL DO fHTIMLtSS JIVERP^OI* OVER THE HOU- ■ DAY WAS FAVORABLE. Kew York's Response Was Fee Me—Weather Over Belt Continues Excellent. Private Wire to filbert & Clay. New York, July 6.—Liverpool at 12:30 m. wee 6 lilgbt»r; wii expected to be 2 i The New York Commercial aaya: It Is ate ted by large cotton mill iuteresm that on coarse yarns /or distant delivery the mar ket Is soft, Attil that mills uro willing to accept contracts nt concessions, now that they are able to get yams at lower ranges. Nt Orleans, July 5.—The western fore- for generally fair weather tonight pt shower* In western Texas. Frlai to be satisfied KH held steady until such LkPm present prices can be made to look .ttrtctir. to buyera for Invcluicnt. They rialm tbla time will come In the near fa- ’’■S', hears bars no conclualve argument ti 0 fer tor lower prices. They would hars £* cotton trade believe that crop proa- sects are brilliant, and that a big crop is 'Tprospect, though as yet they have not ‘i&ed It will be a record breaker, and a little doubtful as to whether it -u. equal the previous bumper crop, vllcb. the bulls claim, will not leave nuy too much In the visible supply after the world's requirements for . consumption Is utlsfied. to carry over Into next season. Texas shipped Its first new bale of cot tos to New Orleans yesterday. Last year first bale from Texas was received In few Orleans on July 14, and In 1904 on Receipts at Galveston today Includes one Tin* following telegram was received by local exchange today from New Orleans: •The first new bale has been shipped ) our exchange to be auctioned; the pro- teds to go to the charity hospital here, it is further said that the lower Itlo Grande tiller contains 1,000,000 acfefi, half planted a cotton, and will produce 1,000,000 bales, lid that the other half la planted In cane, isd that the United States need Import no ■see sugar cane." - -hits nt OalT ... If new cotton. ■■ For the half week, receipts St the In terior towns ore 4.707 bales, against 16,- tt last year and 913 In 1904. Shipment* 8.748, against 22,412 last year *1 2.927 In 1904. Stocks 118,176, against 122.217 last week, r7.«U last year and 68,416 In 1904. In New Orleans Is gaining sti sharp advance wns scored •unlng trading, aelUng as h„_ ... It Is thought thcro will be some thing sensational doing In that option be fore It passes out 8POT con ON MARKET. >ew tors—yuisi. iv.ow. few Orleans—Quiet, 114c. Jvrrpool—Steady, «.00d. Augusta—Quiet, U S-18c. KtTaonah—Nominal, lteic. St. Louis—Quiet 107kc. LIVERPOOL COTTON MARKET. Litsrpool. July 6,12:16 p. tn.—Cotton, spot quiet, with prices steady; middling up- Is ads 4.08; sales 7,000; Amerlcnu 6,200; spec- station and export 600; receipts 23,000; American 22,000. Futures opened steady. Opening Previous Range. Close. Close. 5.7W.80 1.78 6.79 ■lulj August 6.74-6.76 6.73-6.74 6.74 Aufiist September..6.67 6.60-6.67 6.68-5,67 t. Oct. 6.63-6.60.6.69 6.63 -November.. ..6.64-6.65 6.66 r.I»ec 5.64 6.64 dan ..6.63 6.64 Feb 6.64-5.63 6.65 March 6.66 5.66-6. W March April. . . .6.57-5.68.6.68 Close.] steady. 6.64 6.63 6.68 fib fair In l*oulalana and Arkansas nod west Texas; partly cloudy for the balance of the d 1st!ret Today’s map Is, with the exception of light rainfalls on tho Atlantic const, very drr, with weather conditions west of the Mississippi river generally cloudy. Kastern forecast Indicates fall weather both tonight nnd tomorrow for all of tha sections. Market Is featureless. Tuesday's report seems to have imbued the trade with eveu stricter conservatism thnu heretofore. Private Wire to Ware A Leland. New York. July 6.- Cotton market opened quiet with light trade and no special fea ture. ttcnlpera disponed to sell. "Steady, featureless Rrownsrllle, Tex., July 4, wires: The first halo of oottou In tha United States of the cron of 1906 weighs 660 pounds, good middling, has been shipped by Brownsville Business Men's Club by wt Fargo Kxpress to the New Orleans charity hospital. FOR AMERICANS NEW YORK SHOWED GAINS AT THE OUT8ET. After the Opening Trading the Stock Market Continued Strong. _ Improvement vhlch had set In In Tuesday's market coii- * -■ * more decisive fashion t«xl*y. ■ the holiday was TODAY’8 PORT RECEIPTS. CSV today, compart 1906 1906 fvw Orleauk Mfrntoo loMl. & h „ :::::: ss* •oWsi^rp York "•ton P’WhiMphln •1 33 S 1349 h to 1196 tv) 3606 300 164 1637 "» 184 | Tout 8881 * 9706 interior n lOVEMEf fT. 1IM 1SP6 Hotutnij , ^«rwt* IIIIIIIIII Brtuphi. h- Com* Uartn&atl 70 •» 1613 l fA *690 Taut Ml 1 ssa - GIBERT & CLAY’S - DAILY MARKET LETTER »*» <Jr etna. July S.—Liverpool cloned Tr-f.* 1 waa of l point on ,uiiun«ir uiontbi ,-T. * l * "Inill.r ndrnueo on ill.’nnt. no- Spot aalea amonntoil to 7 *.« Do Ira, • l l onoutlono being ntosd J potnu. •r fhi n *i fo disturb the customary quietude kSj■% ssmSS bhss rs&sy'SRS? pm&( B I Si 1 ' ■* »M..nre onTjr to In creating .kr-y-wnrert aplrlt of conaervatl.m. wl “** noma complaint. in. ,.J they are fen- oml far la int-.-n J***®* reference to tha prevn- uSaa. .YFS™ “olotnro In localise. of So *>»* l-.oir expected wS E*!- "III foil. Of vacillation. and f.ronin. ■“’reading dor of tho pment '.rWh i„a‘'*' fc * r - A®* nnl r th« point mo- £i‘ , 8l»proTen.bot olM tho 'abort lie market end, Itedf nioro ,o. nnd boson more difficult rSS—.tn.at. mill?"’ Mb *—WHEAT-Fevornble pn«„ ~oi||tlon» over tho boltiUj nnd ca* bonnon who mndn tom r *o32V J f 1 . n 'w »h«nt oror Wo.lno»lar •kr^SJ* Jk* »«tot rntlnc rothor wonk S’ttTSi 'i* »BWr» oruh.n. Ihirlnc ilia fcoloij".xiintop. proet-tnkl:,/ E »Kff» !r JSL'V- !■ S Ho. tVhlfo it took. n. •*rr*t i;,.,.Wu In onlrr nftor our ** Sta,'t!i r .to 1,ller " I* n-lMfijr In , ‘ ° lh «t we con ooo at tho mo- Tho net otock of cotton In New Orleans I. .73,777 halo., ncnlnat S3.9U nt tbla time Van r Til*, mil it of rattan an fdllp hoard la %IS0 halo., agalnat 23.137 last roar, WARE t LELAND'8 DAILY MARKET LETTER Now York. July 6.—Following tho month' I.v report hero TucMlay, tho Llrerjiool cotton tnnrkot adranceil ratbor oa.lly sumo t point, durlna tho holiday, so that thor, was little disposition to sell during the session today. At time, tho market was prnotloallj* stationary, with prices ductuat- hit: less than for sumo days. The range jroved less thsn 3 point, for two hours, huder these clrrmuatnnrea, little attention wnn paid to new.. The mo»t Important woo that from n news agency staling that tho (laarttlil raj,art nil. fttr front ttlowlnjt. In view of tho decline of 6 point, tn tha condition of that state during June, tha r«- port attracted some notice later In the <ln In fenoral, however, tke market failed u reapond to news of aoy kind. About the only tradln, was that done by profession als. It would aeem that the failure of K lees to decline nt this time would menu nt all tho best news had failed to drive tie price under 10.21, nnd far that reason horts were Inclined to cover, fearing ml- ar.se development, during July or Augui It will require Uno weather to carry on _ derllno. nnd the market Is now In a eon- dltlon whore any change for tho worao in tho crop would start buying. There la little lu the market beyond having every brook and selling out on bulges. Chicago, July B.—Wheat—There was quits a sharp break due to largo re ceipts and lino weather In the north- want, In fact weather cnmlltleiiH warn perfect all over and local sentiment was made bearish to somo extent, by tho fact that country accoptancea were quite large, with July sold against them. Support appeared, however, with shorts covering to some extent, al> though' the northwest sold through ono sat of houses and bought through an other. Thera wore roporta of black rust from various sections of Minne sota and Nortn Dakota. At the cl.i.o sentiment was somewhat mixed, but one thing Is noticeable—that Is, around present prtcM bean run very quickly whenever the market shows any dis position to advance.' Corn—There was selling early on tho flno weather and car lots showing over tho estimate, although trade was not very extensive. The Patten house was buyera of May, while local operators and the crowd bought September, nnd the market dl.played a Mrnngcr tone than ninny In tin- trade looked tor. . Oats—Trade was rather small nt the atari, hut heavy selling appeared la tho September kind on local account In a realising way, due to Improved crop proepects In many localities. Offerings were rather liberal for deferred ship ment, and tho closing was easy, with Uttto prospeevts of prices working lower. Provisions—Very little trade In pork, with packers on both sides of land and. ribs, and while considerable bullish talk was heard, due to the advance Jn hogs, there was not much disposition shows to take on long stuff. New York. July k—Short covering wot the chief sustaining Victor of tho stock Following tbs movement and continued Wednesday ' ‘1001 the hear, was ex- gained In a number toeg. orer o point, from (he low leri' market Is entitled to a fuCher rail.. but the boar party la oot dUpoeed to glva up without a struggle. It will only retreat aa the powera aetuf bujrng ^oidera Into^tbe buying by bidding ■ ' | a. yet. The technical coodltl market Is very good, and we alert Interest la very bulky. I tit .a an. shown by the actlou i ket abroad yeaterday and hero MR! ■ ■ volopmenta Indicate a cbnnge for the tier- ter, and we do not believe thet much will ■ "ihed by the bear party, for , are nt the Intrinsic level, and tutow Hint ther do not remain long on n rule. Tho prospect favors a trading mar- ket for a while yet. but we rt| her lean to worn away. Tha professionalism of thing, mokes a severe panlahment of the beer party entirely wtlhln raseoa, end It may come suddenly and without' warning. Con- narrative operations ara still recommended, bnt the sign ef e clearing atmoepbera most not be Ignored by those whs desire to get the boat reonlto. ment to warrant any permanent recovery. ithiN ho. Shows eenstdorablo otiiumth. Offerings end soles by the country- have been light, sad there ha. been .pecnlallve haying of Importance la the pit. Offerings MMiHtT, the market kavteg no nrnnenre .hlerable corn Is going form apply os salon previously , cost. Shipments today were larger than the receipt.. Would inks prodtn on any farther aarance. , . OATS were lower on nnloadlaff of coo* SSrSyCSSr hy'pernon/i*’exstnlnattoe of crop* !■ dUtrtct* where ikorUfri war* t£ M o?ZZh p !!Zti mattered »pecmUtlTe bajrlnic «na oa rood msfssst CSSlOD*. GIBERT & CLAY •TOCKA BONOS. T. COTTON. GRAIN. corrag. provisions ATLANTA. OA. fort — . HtHStSS sf ^2 ryyifir w b Rxchaore. rhnnt* 'ChlrflffO Hoard of Trad*. _ -h*n*^ Ur^rpool Cotton A Wn . lMll , ^ |jki* Tr*a*.|G*lxc*toa Cotton Lkuidji L ri rvifiT Orl^n* Stork Bx*B*Qf # utirpwiw--VVo-iMt Coffe* LxchiDg*.j.N>w organs Hoard of Traae Mialxcatoa Cotton EuUlH. \vif^ >1 mmA • I'rlxat^ wire, to ail ExcUox**- '1-iight •I Mi Long DiiUnon Toltphonn 529*. —■- W. R* FAGAN, Mftnngtft judj. m What little demlopnfi In the main favorable to the market. The Hank of F.uglaud made * poor ahowlnr Id weekly atatamtot. th«* proportion of rve to liability fnlllug from 47W to 41\ per cent, but tbla wna no more than tha normal extent of tho shrinkage In the week of the quarterly nettleiuents. In a fort- nlght'a time, If precedent la followed, tho lo»* Ju tb* reaerre ratio will .bo fully re- atored. The statement of tho bank made, therefore, no particular liupreailon upon to day's dealing* abroad. On our afdo an engagement of 31.60J.OOO Auatrllan gold, ar ranged yeaterday, was well received, but art iignlnst this the local banka loat $200,(KM t• * tho aubtreaaury lu the 4H hour* up to this morning, deetroyluf all the prerlotit gnln on the week, lu toe local atock mar ket It cut onlr a perfunctorr figure. Tho advance In prices waa baaed chiefly upon the betterment which It waa felr had takeu place In the market's Internal position oa the result of tho recent exteDBlvo liquida tion for abort account. The market opened after the holiday with generally higher rango of quotation* for Amerlcnu aecurltlea lout by London. At the outset the market showed galna. Grunt Northern gained 1, Anaconda gained 4H< Amalgamated and Colorado Fuel gained pur cent, nnd American Smelting was up a point; Hteol common advanced \ and tho preferred uind© a similar gain. After the opening trading tho market continued afrong with tho opening leTol Improved. Tho atock tnnrkot ruled strong all through the flrat hour with Loudon an Important factor on the bull sldo. Amalgamated sold as high ns In London, when It waa 98*4 here. Arbitrage brokers were good buyer* * ‘ uintcd, Hteels, Union Pacific nnd ... Central. The way stocks moved up Induced some urgent covorlng of shorts. Commission house* did a fair business oa long side. . _ . ^ Governments unchanged. Other bond* wore generally lowor. Amalgamated Atlantic Cooat Line Amvilixn Hugar Itofinlug.. Anaconda American I*ocomotlve do preferred.. American Smelting Itofinlug. do preferred. Atchison do preferred American Cotton oil Baltimore and Ohio Brooklyn Rapid Transit Canadian Pacific Chicago and Northwestern.... Chesapeake aud Ohio Colorado Fuel and Iron Central Leather do preferred Chicago and Great Western...,,.,. Chicago, Milwaukee aud 8t. Paul. Delaware nnd Hudson ni»»niA.»B Securities American lee Securities Louisville and Naahville J!,«« Mexican Central Missouri Pacific. New York, Ontario and Western ovx-w tuiR. oninno ana nimrrn National l^ad Northern I’aclflc New York Central Norfolk nntl Western Peunsyiraula People's Gas I'rcascd Steel Car _ do. preferred Pacific Mall Rending Republic Steel Rock Islnnd do. preferred United states Rubber do preferred.....,.* southern Pacific Sloss-Sheffield Tennessee Coal nnd Iron . "" Texas nnd I’aclflc ,* Union I’aclflc. United States Steal ..,!**!*****' do. preferred..., ’ llrgloln-Carollna Chemical........ M " _ ( i°. preferred Western Union A abnah _ do. preferre<L, * Wlsconslu Central (In nrnfArriMl . ••••••••-• 8TOCK 8ALE8. 11 a. tn.. 12 noon .. 1 p. rn.. 2 p. m.. ..904.700 shnrea ..896,900 all ares ..607.400 thaw* ..617,200 shares RANGE OF THE COTTON MARKET MONEY ON CALL. PIEDMONT BROKERAGE CO.'8 DAILY MARKET LETTER. New York, July 6.—Extreme dullness la .jo cotton market today. Liverpool did not take the figures of the government aa bull lili. and spots there wero a couple of points lower, with smaller sales, lho con tinned excellent reports <>f the growing crop Is encouraging the shorts, and they are be coming more active. The fact that the first now hale of cotton lias been reported from Texas, but tho eventful yield will pend on conditions Inter In the season. "*”OCKS—Tho tendency of the stock m this morning was In thp direction of better prices, net gains being recorded In the mnjorfty of issues. Covering of shorts was chiefly responsible for the Improve ment, and while very llttlo outside busi ness was reported, sentiment seamed to hare changed for the better. After two weeks of severe decline, a sharp rally was due. nnd advances today were from Wf3 points. Rending, Pennsylvania, 8t. Paul, and the Steel Issues showing to better ad vantage. Dullness around the noon hour oud a slight reaction from the high points, bnt the market seems to have adjusted Itself to a better order of thlugs, aud we believe stocks hooght on the weak spots will prove profitable for quick turns. THE LIVE 8TOCK MARKET. ■Chicago, July today fiOOO. I nmmmkmmm bulk .. 25.00); mixed mated for tomorrow 95; heavy $&26@&K pigs ; heavy $«.25R«.9G; __ J 36.25^0.66; torken M.7D , dfl 92Vi:’i;«od’ to choice heavy $6-S5#tf 96. Cuttle-Receipt* estimated 13.000. Market strong to 40c higher; quality fair; hecrei ti StiVm: cow. if.Tust.*: h.ff.r. *£*.-««.io calves 13^6: good prime steer* $5£C.l) poor to ^medium 3190^4.80; atockers -- 1 'SbMp-%oMl,n 13-000. Market otron.or: nos lit, good: »»*!»•• JKW«; t w-«l,rn WXSJ 6.10; ycirlln^ $S.75tf6.2&; lambs $5U7.3u; COTTON 8EED OIL MARKET. Now York, July 6.-Tbe tradlnk was qulIT and wholly of n profeamaoal character in the cotton seerl oil market, and «J«re generally higher, due to the limited offer ings. The only Interest na a rule waa mani fested In tho July option, of which 6.000 barrels were delivered oa contract. It Is ■aid that tbero are hlda in the market for large lines at top prices. Tho other months: were also higher, but with a light trade and the market close* strong, eaus«V ter the strength In tho provision market and to some extent to the government report on cotton.—Ware A Leland. July August September October November December Closed steady. CAREER OF A MONOPOLI8T. When at the tender ego of four An apple he devoured with xeot, proved there waon’t any Cora— „ Ha took the reiL Grown up, he had the luck to find A girl with wit and beauty blegt; She gave one kite, "Ju«t one, now mind**— He took the reiL In business a monopolist He quickly rode on fortune', crest; No competition dared re.let— He took the rest. At Uet hi* health could not endure. By care of millions aore oppressed. Physicians all advlaed a cure— He took the rest. . —NSW York 8un- yiltlonslre do Psrlsl—What msk.s this 'old nioitcr” cost so miKh! iD-.I.-r—They are getting .rarce-tbe workmen nt th. f.ctory hsve h-on on a jtrtko for .lx months!—Cblcsgo hews. r-n-k ' V* . - i,.-I ippoie you regard your election ss s >f conflawsCe end e.teem?" .. nu.wered the podtlrlBn: "It .ho«r. 'tritely Hint I .tend well with th. In our dl.trlct-"—Washington Star. old So. door.' 'Nothing roold !-...!My tour, than J-i.t to ho jourw— AT NEW YORK. The following l§ tb* range lu cotton futures Id New Ynrk today; t i pjp* 11 * July .lain 10.18 10.18 10.18 10.21 23 10 22-23 Aug, .10.27 10.33 10.25 10.32 10.22-33 10 27-38 8*Pt .I0.2S 10.82 10.28 10.3J 10.S2-A1 101 Gcf. .10.28 10.32 10.24 10.81 30.*>-3l iol: NOV« to..., oos.o ..... 10 31-33 lO’ Iloc. .10.31 10.7.7 10J7 10.31 mst no to'i ifD. .10.35 MM last 10.88 J0.87.J8 10.: 3Ich. .ib',43 lb.47 io!« ia« !o;t6 47 !'X«41 Closod sleady. TIPS FLASHED From Wall StroeL Prlvato Wire tn Glhort h CIsy. New York. July 6.—Daniel Odell A Co.: “Extcnalon of Tuesday afternoon'* rally la very likely in the stock market today. It looka very much aa though a holiday trnp for the bears had been aoL There ahoiild bo heavy abort covering, nnd, na Intimated Tuesday afternoon In some of tho ndvlcca submitted. Improvement of a radical ehnr- . ... —-*— -•—•— tltt “ : will reasonable rettTrnVotifht not to be neglect- Marshall. Spader A Co.i "There ore no now developments over tho Fourth to inako any especial fmprexlnon on the trad ing public, but tho London market yester day and again today reflects rather more confidence Jn American share* than has been noted In the recent past, and In con junction with the etrengtl AT NEW ORLEAN8. The following Is the range In cotton futures in New Orleans today: ^ ^ Last Previous Open. High. Low. Hale. CIo«e. Close. July .1L06 U9 11.06 10.18 11.18-19 nSB Aug. .10.66 D.63 10.64 10.63 10.81 -62 10.5446 8ept ...... ...^ ..... .. tll lafMO fa3MI Oct. .10.19 KXIfi 10.19 10.26 10.24 25 1 0.21-23 Not M.ii 10.26-27 10.23-28 Dec. .1024 10.28 10.22 10.28 10.27-28 10.24-26 Jan. .10.34 10.34 10.34 10.34 10.23 84 10.30-81 Keb. 10.36-37 10.36-37 Uch. ...... 10,45-40 10.43-44 Closed steady. favor taking on the good stock* men- Tho market dlaplr.ys n decidedly !m rovod tone, nnd hr.vo aplendld reasons tc Hove that It will last. Rending In the ■M, vMf RMg OmMm Ohio and Norfolk are l cover to , crowd seems to be selling It on rallies. We would huy ft on recession! of propor tional extent NOTES ON GRAIN Pointers on Prorlalona. Trieste Wire to Glhert A Clay. Chicago, July L—All crop* have enjoyed most fuvorahle weather condition* over the holiday nnd the outh>ok this morning Is for h contlnnanco of them. Cubic* mi wheat Indifferent. The only bull csrd at the moment li the poRMififllty of damage northwest. Barring this, prefigure of now wheat Is likely to force lower prices. Corn and There Is sotno !o Aggressive bull effort Is prices. Price current: "Winter wheat under way, Homo threshing yield and quality equaling expectations. Lfnoriti early marketing unlikely. I'orn mnkltig g«*o<1 progreag with warmer weather. Oati Ini proved w hero not pest help. ALL THE CEREALS OPENED LOWER DUE TO FINE WEATHER FOB HARVESTING. ]S,0tt> BuaheiB wheat. 166.u>» bushels com. Chicago Record-Herald: Clear weather ha prc\ailed gaits generally uvor tho wlnte wheat sections of tho southwest during thi last forty-eight hour*, but tnero huve beei rains through tho Ohio valley. The uorth- weat had Tight scattered ruins oa|it tha ■srwnisrooa of the Spring wheat states on Tuoaday. Prediction* are fair for l»oth •action* today. The trade will watch with some Interest today tho extent of the “heat marketing* at tbo Country stations If probable that they r* A *VC® they were n year ago. On tho day following toe Fourth last year nil points bad approximately four d.-ijs r ar* rival* to exhibit, a* loading exchange* were closed flundsy, >I*>n«Jey and Tu«*a<|fi|’. To day tho arrivals will represent only two days' business. There Is over State* In nut , out* f"r th.- entire vein-. There I* no uew business of Importance being fixed abroad In eofiffn grnlu, accord ing to tho atatomenta nf New York export- tin nptmn a waiting development* ou this side and the effect of tho uew crop litot ciiient. rrlvntw Wire to Wore A Leland. Chicago, July 6.—The Inter-Occan any*: Hales of raMi grain lu Chicago were 126,000 wheat, 176,000 corn and 150.0W oat*. Tho wheat sale* Included 20.000 No. 2 bard at 3c under July In afore, bt.000 No. 1 northern, port at 2 and 2Qc over September In store and 26.000 lumliela mixed lota. Seaboard *nle* were uo «hjo iniHhela wheat for export, Inclndlng CI.Ooo Manltohn. 24,OiiO bushel a low grade Duluth spring and 32.0J0 bnahola Macaroni. Charter* wore 76,000 wheat at lQo and OO.ooo corn at lHo to Buffalo. The flrat black rust scaro to cotno from tho northwest arrived Into Tuosday nnd gayo tho wheat bulla an opportunity to rally prices n fraction. It wns from NorthvlUa, South Dakota. The measogo 2pad: ’’Wheal covered with red rust, and In soma places black rust has been discovered in tbo east* ern part of Hoatli Dakota." The wheat hull* nr« anxiously looking for every evidence of black rust, as they look upon it na the help they can got to hold prlcoa up. July had an oversold appearance nt the rloso Inst week, but since then conditions have changed, and July-has gon** from He premium to H f * discount under Hei>t*>mher. Tbo unsxDOCted delivery of 73),0Q0 bu*iiels on July Monday and 165,000 bushels Tuesday developed the fact that tho com was not wonted by shipping houses to any extont. and tho receipts hnvb circulated freely ou delivery. Will farmer* sell their whenf freely nt 60lifl6e In Santas when thn quality la good, and with everything elso selling nt high nrlcee? Toll la lho question that Is agi tating wheat speculators. Tho hulls claim they will not sail. Minneapolis Declined a Large Fraction—Shorts Were Beet Buyers of Wheat. By rrlrato I.,ai«l Wire. Chlraio. July 5.—Th. hull. In nhrnt of. t'.niptM to force that market upicar-t h, tiuyln, corn and starting a bull movement In that cereal. Morthircateru butt, wero not Idle, tellln, of Mark runt up there, t'llt It marie Ita nnpearanee ou the tmahelo yesterday of one drin. Wheat rear-led eotu. rroiii thn bottom late, but clotcrl '.CSc lower. Corn rimed Lc Maher. Oat. were off '.BUr, I'rnr t.tnriH Were up 7Sff7tie Caili aatea of No. 1 rnt at 80'ic to ar- rlro In alxty day,. Araentlim atilpmenL. for wink w.r, e,tl- mated hy Iiroomhall at l.son.nno wheat ami :.»n.om corn, compared with LOWOO and :',:..Mi.i>yi, re.pceilvcly. n year nro. The Hnnaarl.il wheat crop l«.officially catlmaleil at 180,(00.000 compared with IS4.0W n year aao. Na 1 roil winter mild \c or.r ■ Jteptemher on track with He orer Keptetn- • nd m.mi. re.pectlvu'ly.'t jear aaa " * (Menranca of wheat 133,«», corn 111,. 000 nnd oat. 1,100, CHICAQO GRAIN MARKET. The Chicago from market ronfod aa fo|. Iowa today; Open, ft 19** HO'* WnEAT- Julv. .. 79U Bept.. . 19% Dec. .. UQ CORN— July. .. 6144 61U SI>i 51% Hopt. MS 52*1 SIS su{ Doc. .. 49Vs • 60Q 49'.* 49VJ OATS— July. .. MH Hept. .. MB{ - . , , displayed here Tuesday there Is ground for heller In Ita continuance. We expect the market today to show a good tone, and believe Union 1’aclfic and flouthern Pacific. Read ing. Now York Central. Hteei and Metal shares may show the effect or a covering movement In any event, if not something bettor." The New. York Hon Mys: ’’Atnerlcnne were aelllng In London yesterday, regis tering averago gain* of more than H ,pcf cent. Reading led with a gain of 1*6 tmlnta and Now York Central and Pensylvaola gained a point and 74. respectively. Private Wire to Ware A Leland. Now York, July 6.-Bank rate unchanged. London Improved all around. Americana H61 per cent up. Disposition shown toward going alow In ear operations, for tbo market Is largely rersold. There are Indications that money will work some easier within a short time, and take ouch storks aa Baltimore and Wo, Atchison, Missouri Pacific, Norfolk, .nltod States Steel nn<l Copper*. They are more attractive, with prospect* of Cop per going on an 8 per cent dividend basis, end steel trade conditions unexcelled. Bear campaign seems nearly over, and aronnd present levels or on drives, would The Hebrew Standard publishes a list of no fewer thin nlna United Htatos Jewlali chaplains who are employed In Greater SOUTHERN EXCHANGE OldMt Eitabltohod Offlco South. cottm—noon—mot—bum Oround Floor Goul<l Building. Dolly market letter and market manual malted on application. LJ. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, BRAIN CormpeaSsst't CipNil $250,000 RCFKMMCr. THE MCAL BANK rhonc «<err. pmh>kntial oloo HUBBARD BROS & CO., mSants Atlanta Officaa, 21,-JJl Century Building. Member. Now York Cotton Exchange. New Or leans Cotton Exchange, Liverpool Cotton Aaoo- datlon, Chicago Board of Trade, New York Cof fee Exchange, Naw York Produce Exchange. Buoinaaa solicited for tha a bore exchanges. Direct wire service. Correspondence Invited. Phone, 454, Long Dtetancel,. A.S. Huataca. Mgr, COTTOnYg^I^, ^RC^IsfePiiSAcK^BONDS, Is. 2 Well Sf., Psfsu fe/ffifsf, AMssfs, fie. m tints Bern Jerk Cents lukeeee. Hew Orleans Celles tathee$e. Utereeel Ceffee Aaaeeletlee. ChUeee Beet4 el Tn4e. Chlteee Heti tstheeee. Mew Jet! Cellet hthe*$e. PIEDMONT BROKERAGE CO., (Incorporated.) Basement Floer Piedmont Hotel. STOCKS. ROND#. CRAIN. PROVISION#. INVESTMENT#. Foot Wire 8ervioe from New Yerk; New Orleone, Chieego. CORRESPONDENT# M. j. SAGE A CO.. 43 RROAOWAY. NEW TORN, ftp. BOTH. Maetfet.leeelse4lee$ Distaste Bell these 1941. NEW YORK COFFEE MARKET. Following Is ^Iren th© neaping and cloajng o Now York cuffeu market January . IVbruary March «... April May June July August ... Jfuvstnpor Peeeabor Closed steady. Opening. 6.00-6.70 t; or\ a 75 »; *«» •; sft f; nr, k :« « *ki «; •»;, » ; ir 7 J* 0.964.26 «>Vd.«6 6.35 0.36-6.46 r, in •; Vi 6 56 6.60 Closing. 6 60 6 fir. 0.6(66.7(1 r, 71. ft SO «• VI r; to.-, H Hi, 8 '.HI 690-6 96 IP 20 r, .H) n j:. 6.25-6 30 6.35 6.40 6.40 6f 1 6.604.o6 38*4 36 V* 17.66 i; r. 1190 L90 '* r« »** 38S "S Doc. FORK— July. .. 17.66 Hept. . . 17.15 Jan - July. - - *.90 8.92*4 0.90 Bept.... 9.06 9.10 9.Q2H Oct. . . 0.074 9.124 9«4 SIDES— July. . . 9.524 9 66 9.624 Sept. .. 0.65 0.60 9.66 Oct. . .. 9.274 9.324 9 274 CASH WII EAT— No. 2 fed new A0U: No. 3 do 79<ff&0; No. | hard winter 7H4'ff*iu; No. 3 7662*0; No. 3 do uow 7i44i»04; No. I northern ejirln/f M4; No. 2 do 82Qfi83; No. 3 spring NORTHWEST CARS* 9.824 0.80 0.66 9.66 9 274 9.274 Minneapolis , Duluth Chicago Today. Week. J> CHICAQO CAR LOTS. No Obstaofe. From Tho American Hpectator. "Tha new automatic telephone ex change* will do away with the Ventral girls/ • ’•Qront! A man can awenr through i ’phone without getting a call n>n *’ shall be Inserted 4n the pavement. Wheat i’orn .. Oats ... HogS a. Today. Tomorrow. LIVERPOOL GRAIN MARKET. Wheat opened 4 lower; 1:30 p. m , lower; clo**fl U to ■* lower. Corn opened U higher; 1:30 p. tu., na- changed; closed '» lower. PRIMARY MOVEMENT. The following figures give tho primary movement of wheat and corn: Wheat—Receipts today 517.000 bushels, ngnhikt 342.000 ln*t year; ahlphient*, 117.000 bUtobel*, ngNltiNl 200.000 laat vrar. ~ “ t*«day 718,060 bushel*, nts, 966.000, Corn-Rerpiut* t,xiay 718.0 xnfnst 1.008 ohi h*t year; shipin against 370,000 last year. ATLANTA NATIONAL BANK ATLANTA, GA. C. *. CUnmRR, .ra^dant- A. S. THORNTON, Vlra-l*ra»ld»,A H. T. INMAN, vlra.ei'»»ld*Bt. OKO. H. DONOVAN, Caahiar. JAMB* FLOYD, A art Caahlar. Capital 3500,0Sf.« Surplus sod Undivided Profit* $500,010.00 We Solicit Your Patronage. >0,000.00 CENTRAL BANKS TRDST CORPORATION, i CAPITAL $500,000.00 If you contemplate opening a new account, or changing your prraant banking arrangement, and wl«h tn connect youraelf with a »trong. ennaerr- atlra hank, fully equipped to aerra you aa your bualneaa Juatlflea, Invite you to call and talk the matter over with ua. " ■ 1 ~—w...!imin^t^max=aa=^XS II li.EJI ■ I Aaa O. Candl.r, Prs.ld.nt. W. H. Pattaraon, Vlea-Prealdant. A. P. Calaa, Caahlar. John 8. Omni, Vlea-Praaldani. Wm. D. Owana, Aaat. Caahlar. MADD0X-RUCKER BANKING CO. CAPITAL $200,000.00 SURPLUS AND PROFITS .... $500,000.00 ACCOUNT# INVITED Wc invite accounts of individuals, corporations, banks and bankers and offer the best terms consistent with conservative banking. In our Having. Drpartmrnt we allow Jntarest at tha Bala of 8 1-8 par cant. Compounded Semi-Annually.