The Atlanta Georgian. (Atlanta, GA.) 1906-1907, July 06, 1906, Image 11

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- - THE ATLANTA GEORGIAN. ■ s ■ 11 EDITED BY JOSEPH B. LIVELY! THE GEORGIAN’S RECORD OF MARKETS AND FINANCE 1 \fr. Lively’* 26 years* Mp«r!cne* Df editing markets in Atlanta nml the 1 Bouth hen made him a rnr.- oguleed authority In bis specialty. Ml IS DULL m miliss IjIVERPO®^ OVER THE HOLI DAY WAS FAVORABLE. NEWS AND GOSSIP Of the Fleecy Staple. flto Wire to Qlbert & Clay, 'V York, duly 5.—Liverpool at 12:30 p. vns 6 higher; was expected to he P The New York Commercial gars: It Is itated by large cotton mill Interests that “oarse yarns for distant delivery the mi. oft, ami that mills ure willing to RANGE OF NEW YORK STOCK MARKET New York’s Response Was Fee ble-Weather Over Belt Continues Excellent. New Orlei ast is for generally- fair weather tonight xcept showers In western Texas. Friday fair in Louisiana aud Arkansas and west ">xns; partly cloudy for the balance of i*» distlrct. Today’s map Is, with the exception of light rainfalls on the Atlantic const, very ' with - -- generally cloudy. Up to midday, the market for future delivery In New York was featureless, the opening showing unchanged prices to an idTance of 1 point ns compared with Tuesday's flusl figures, which was a poor response to the advance In Liverpool over our holiday, that market being 6 polnta higher since Tuesday. Liverpool this morning advanced the spot orice 2 points to «.fc; sales 7,000 bales. "The weather ovar tho cotton belt con tinues favorable for the growing crop, a bearish condition generally, but the bears are not acttroaalra: la fact, they are ap- oarentiv taking little Interest In the mar ket while the bolls seem to be satisfied If prices can be held steady until such time as present prlceascan be made to look Attractive to buyers for Investment. They claim this time will come In the near fu- IU The bears have no conclusive argument to offer for lower prices. They would have the cotton trade believe that rrop pros r ite are brilliant, and that a big crop is prospect, though as yet they have not claimed It will be ft record-breaker, and appear n little doubtful ns to whether it will equal the previous bumper crop, which, the bulls claim, will not leave any too much In the visible supply after the world's requirements for consumption Is •ttlsflcd, to carry over into next season. Texas shipped Its first new bale of cot ton to New Orleans yesterday. Last year the first bale from Texas was received In New Orleans on July 14, nnd in 1904 on July 6. The following telegram was received by a local exchauge today from New Orleans: The first new bale has been shipped Hour exchange to be auctioned: the pro ceeds to go to the charity hospital here. It Is further said tbftt the lower lilo Grande valley contains 1,000,000 acres, half planted In cotton, ana will produce 1,000,000 bales, and that the other half Is planted In cane, and that the United States need Import no more sugar cane.'^^R (lr>, whu «rn Mississippi riv_ Lantern forecast Indicated fair weather both tonight nnd tomorrow for all of the sections. Market Is featureless. Tuesday's report Private Wire to Ware & Leland. New York. July 6.—Cottou market opened quiet with light trade and no special fea ture. Scalpers disposed to sell, Liverpool cables: “Steady, featureless NEW YORK SHOWED GAINS AT THE OUTSET. After the Opening Trading the Stock Market Continued Strong. 1 [ I Close Prev. ||Open]III(h Low. Close llld. Close AinaIgamated Coppe Atlantic Coast Line American Sugar Refining Anaconda American Locomotive preferred can Smelting Refining., American Cotton Oil. Baltimore and Ohio.. “ Jkijn Rapid Tn NOTES ON GRAIN Pointers on Provisions. „ new cotton. For the half week, receipts at the In- ..•rior towns are 4,707 “ 187 last year and bales, against 10,- Shipments 8,748, against 22,’452 last year and 2,927 In 1904. _ . Stocks 118,176, against 122.217 last week, 137.414 last year and 68,416 In 1904. July in New Orleans Is gaining strength, ml a sharp advance was scored during ic morning trading, celling as high as 11.18. It la thought there will be some thing sensational doing In that option be fore it passes out SPOT COT1 ON MARKET. Brownsville, Tex., July 4, wires: The ■ ' —*—mM—i In tho United States efghs 660 pounds, clash' hipped I Club by - >P rood middling, Irnwnsvllle Business Men ,>ew tors—uuiei. iu.au. New Orleans—Quiet. ll%e. Liverpool—Steady. 6.06d. Augusta—Quiet, II 8-16e. Savannah—Nominal. 10%c. St. Louis—Quiet, 1074c. LIVERPOOL COTTON MARKET. quiet, with prices steady; middling lands 6.08; sales 7,000; Amerlcau 6,200; spec ulation and export 600; receipts 23,000; American 22,000. Futures opened steady. Opening Previous Range. Close. Close. uly 6.7W40 6,7* 6.79 uly-Auguat 6.74-5.75 6. August-September.. 6.67 fcpt.-Oct Oct.Noveraber,, Nov.-Dee Dec. Jan Jan.-Feb. . . , Feb.-March. . March April. . Closed steady. MlMf 6.66-6.07 .6.614.69 6.6S 6.68 .6.644.66 646 6.64 ..6.64 6.64 6.63 ..6.63 6.64 6.68 ...644448 6.65 6.64 ...6.66 6464.67 6464.66 .647448 6.68 647 TODAY’8 PORT RECEIPT8. 1906 1906 N«w Orleans .......... Gtlvestou Mobile Bmnnsh Charleston Wilmington Norfolk {klttmore Vw York Boston Philadelphia .| 233 981 199 1S49 £ in 1 -8 161 **80 184 , Total 1824 070$ INTERIOR MOVEMENT. Houston Augusta Memphis St. Louis Cincinnati Total Tf 1612 1 GIBERT A CLAY'8 ... DAILY MARKET LETTER -Irjrani, July 6.—Liverpool elo.eil SJi J *• lo *» of 1 point OD .Milliner mouths |i,i ** “ .lrall»r advance on ill.'nnL po- fh. , i'i Sput *•••• amounted to i.uoo balm. Si •“ quouUoo. Win* ralaed 2 point*. y.fO 1 dl.turt the cuitntuary ipilctuilo EnHS.W- TuMdax’a Biuroa. however mar be cunatnieil by »omf, Ciwm * 1 . n “ petcepttbia chance In the KRiti7L“ f .!“.e *° lon |' prara7lln* aod a 2™ at *U> *v* only ao In creatine p“?"J>n>no<uiert aplrtt of conaerrntl.m. Iraee'leV* 1 **?* 1 reference to the nrovn- aSu„. 2J»j w moisture In localities of erm SL The long ox pec ted with Bt ^ foils of realization, and d®y of the present terHu * **•*&•*» Dot only t * 10 P°&t ma- Kat^in tP roT * B ! **** 11,80 1,10 ®bort In- kaitfi fln<Ja wore h«*- of d£uSS{5uJj{*** aiM * bencu more difficult < ttSSfVI'll* *—WHKAT-Fnrnml.Ie l> r *mor. :,°™ ltlo 2? . onr ,b * holiday nml WrT.i. ,r ®? houae* who mode Inrsc r-wlSdln 0 !. 11 -* wlmat over Wedneatiny ilironfhoMt Ik* r»lln* rather went Uttk,*™ JOMUm. Burin* the 'the PVOftl-tnklnjr l,y * reaction who sold early, resulted in If He. Whlfo It looks as rseeat it3Er2LJ nm order nfter our the dtustJi* tS*? 1 **' ther,f U n °* h!n * In “ tl " D wo can see at the mo- i 25,450 boles, against 23,137 last year. WARE A LELAND’8 DA ILYM ARK ET LETTER New York, July 6.—Following the month ly report here Tuesday, the Liverpool cotton mnrket advanced rnther easily gome t polnta during the holiday, so that there was little disposition to sell during the session today. At times the mnrket was practically stationary, with prices fluctuat ing leas than for some days. The range proved less than 3 points for two hours. Under these circumstances, Httlo attention wns paid to news. The most Important was that from a news agency stating that tho Georgia report was far from glowing. In view of thu decline of 5 points In tho condition of that state during June, the r«- —t attracted some notice later in the day. general, however, the market failed to respond to news of any kind. About the only trading was that done by profession als. It would seem that tho failure of prices to decline at this time Would mean thnt nil the best nows had failed to drlro tho price under 19.26, nnd for thnt reason shorts were Inclined to cover, fearing nrt- verse developments during July or August. Ir will require tine weather lu carry on it decline, and the market is now in a con dition where tiny change for the worse In tho crop would start buying. There Is little lu the market beyond buying on every break and selling out on bulges. Chicago, July 5.—Wheat—There was quite a sharp break due to largo re ceipts nnd tine weather In the north west, In fact weather conditions were perfect all over and local sentiment was made bearish to some extent, by tho fact that country acceptances were quite large, with July sold against thorn. Support appeared, however, with shorts covering to some extent, al though the northwest sold through one set of houses and bought through an other*. There were reports of black rust from various sections of Minne sota. and North Dakota. At the close sentiment was somewhat mixed, but one thing Is noticeable—that Is, around present prices bears run very -quickly whenever the market shows any dis position to advance. Dorn There was selling early on tho fine weather and car lots showing over tho estimate, although trade w'as not very extensive. The Patten house was buyers of May, while local operators and tho crowd bought September, and the market displayed a stronger tone than many In the trade looked for. Oats—Trade was rather small at the start, but heavy selling appeared in the September kind on local account In a realizing way, duo to Improved crop prospects In runny localities, offerings were rather liberal for deferred ship ment, and the closing was easy, with prospeovts of prices working a little lower. # Provisions—-Very little trade In pork, with packers on both sides of lard and. ribs, and while considerable bullish talk was heard, due to the advance In hogs, there was not much disposition show* to tako on long stuff. New York, July 6.—Short covering was tho chief sustaining Jictor of the stock market today. Following tln» movement started Tuesday and continued IVodneiidiiy abroad, tho demand from tl * tenaed untli the list gftloiHHHH of stocks over 6 points from the low level. The mnrket Is entitled to a fu|;ber rally, but the bear party Is not disposed to give up without a struggle. It will only retreat as the powers send bujing orders into the market, nnd they do not appear to wish to follow Up buying by bidding s •- as yet. The technical conalti „ market Is very good, and we think the short lnt.Tfxt Is \.-n s - i» 1 • rv 1 1ii*• ness was shown by the action of tho mnr ket abroad yesterday and here today. De velopments Indicate a change for the bet ter, and wo do not believe that much will be accomplished l>y the boar party, for ninny stocks are at the Intrinsic level, and below that they do not remain long as a rule. The prospect favors a trading mar ket for a while yet, but we rrf her-lean to the theory of Irregular Improvement after tho fever that usually accompanies the pres ent condition of tne market shall nave worn away. The professionalism of things makes a severe punishment of the bear party entirely within reason, nnd It may come suddenly and without warning. Con servative operations are still recommended, but tho sign of a clearing atmosphere most not be Ignored by those who desire to get the best results. which hod set in lu Tuesday's market tinned lu even more decisive fashion today. Whnt little developed over tho holiday was In the luuln fnvorltble to the mnrket. The Hank of Huglnmi made a poor showing in Its weekly statement, the proportion of reserve to liability falling from s7W to 41\ per cent, but this was no more tbar “*-• normal extent of tho shrinkage la the of tho quarterly settlements. In a fort night's time, If precedent is followed, the loss In the reserve ratio will .be fully re stored. The statement of tbo flank made, therefore, no particular Impression upon to day's dealings abroad. On our aide au engagement of 31,60).000 Auatrlian gold, ur- ranged j'eeterdny. was well received, but as against this the local banks lost I.OO.Ow to the subtreasury la the 4H hours up to this morning, destroying all the previous gain on the week, lu tue local stock mar ket It cut only q perfunctory figure. The advance In prices was based chiefly upon tho betterment which It was felt had taken place in the market s Internal position ns the result of the recent extensive liquida tion for short account. The mnrhot opened after the holiday with generally higher range of quotntloun for American securities sent by London. At Hit- out set the market showed galas. Great Northern gained 1, Anaconda gained 4!*. Amalgamated aud Colorado Fuel gained per cent, nnd American Smelting wm point; Steel common advanced % at preferred made a similar gatu. After the opening trading tho market continued strong with the opening level Improved. The stock market ruled strong nil through the first hour with Loudon an Important factor on the bull side. Amalgamated sold as high ns In London, when It was 98H here. Arbitrage brokers were good buyers of Amalgamated, Hfeeln. Union Uaclfic and New York Central. The way stockH moved up induced some urgent covering of shorts. rtmiml„tnn hnntAI ,1l<1 * fair DtlSlUOSS OB STOCK SALES. 11 a. m.. 12 noon .. . □>.. 2 p. in.. ..304,700 shares ..896,2b.) shares ..607,400 shares ..617,200 share MONEY ON CALL. PIEDMONT BROKERAGE CO.’S DAILY MARKET LETTER. mont to warrant any permanent racorery. POI1N hoe shown coulderabte atrenath. Offering* nnd unlos by the country hart been light, nml there haa been «pecnUtlTt buylnc of Importance la the pit. Offerln*. were scanty, tho market bartnc no praamsr. from cash com. Hhlppcra ctaho that con- •Iderabla corn l> p>ln= forward ateadlty to nr.ply on aalea prerToualy mada to tbo eiit. Shipment! today wera l*rf*r than the receipt*. Would taka proflta on any further advance. ' OATS were lower on unloading of cool !f c?o£aln “tl.trfeta 1 J5r7ahorta«aa ran wer. r *£fe d ^K^ k.’ra* of'rak. ‘Sft I PRO'PlwoXS 'ranjted 11 "hlfhar on fair were eranty. Adrlse purchases on at! re- cessions. 1 *• ALABAMA t GIBERT & CLAY ITOCKS. aONOS. r. COTTON. GRAIN. corree, provisions ATLANTA. OA. >S AtriSS £ ,r v ln g*! ? ' v,r Orleans Cotton Excnange .JCMcago ,. _ WSEgSx 8s3 fh irsaySsi '“•ttl * nd L«ng DJaUns. T^lephona*S&t! ElUwli Q; r, FAGAN, Manafltr, New York, July 6.—Extreme dullness lu tho cotton market today. Liverpool did not take tho figures of the government as bull ish, nml spots there wero a couplo of points lower, with smaller sales. Tho con tinued excellent reports of the growing crop Is encouraging the shorts, and they oro be coming more active. Tho fact thnt the first new halo of cotton has been reported from Toxns, but tho eventful yield will de pend on conditions later In tho season. STOCKS—The tendency of tho Htock mar ket this morning wns In the direction of better prices, net gains being recorded In the majority of Issues. Covering of shorts wns chiefly responsible for tho Improve ment, and while very UttJo outside busi ness was reported, sentiment seemed to have changed for the bettor. After two weeks of severe decline, n sharp rally was due, nml advances today were from Wit& points, Reading. Pennsylvania, St. Paul, and the Steel issues showing to better ad vantage. Dullness around tho noon hour and a slight reaction from the high points, but tbo market seems to have adjusted Itself to a better order of things, and we believe stocks bought on tho weak spots will provo profitable for quick turns. THE LIVE STOCK MARKET. Chicago and Northwestern. UhojMpeake nnd Ohio * Colorado Fuel uml Iron * ** Central Leather do preferred a*.,,.,,,.,,. Chicago ami Great Western Chicago, Milwaukee and St. Paul............... Delaware and Hudson Distiller's Securities., . ....... Erie do preferred General Electric Illinois Central *’* American Ice Securities ..***** Louisville and Nashville ...... lean Central ..iiBdoiirl Pacific...... **..••• New York, Ontario and Western ****** ’ National Lead Northern Pacific..... New York Central * Norfolk nnd Western • Pennsylvania I’ri'»». a Steel Car flC Mail Republic ****** lloek Island !,!,.,*!! !* do. preferred United Btntes Rubber ! do preferred Sou thorn Pacific SOU thorn Railway * ******** _ do. preferred. * * SIoss Sheffield Tennessee Coni and Irou ..,*. * Texas And Pacific Union Pacific United States Steel .!.*!! do. preferred ***** Vlrglnla-Cnrollnn Chemical.,.....,..,,..,..,., do. preferred * western Union Wabash do. preferred Wisconsin Central „,„'*'*"' do. preferred 97411 97% 133 Vs( 132% fur ora bio holiday nud tho o for a continuance wheat Indifferent. ?nt Is tho northwest. Uarrlni wheat Is likely to itlook tilts uioriili of them. Cablet The only bull card at possibility of damage nd bull effort* Is RANGE OF THE COTTON MARKET AT NEW YORK. *».' m*. ran,# In cotton fnturca In New iork todaT: Onan. Itteh. T-ow. Kale- CIoia.^ r tMo’.r’ July .10.1, 10.1s IMS to.l.s lo.-i-a An*. .10.17 ln.3.1 10.17, 10.32 10.32 21 10^7-21 8n>t .io.:i> us lo.is 10.22 laiMS 10 ~" Oct. .10.28 10.32 10.24 10.31 10.J131 10. Nov, Dec. Jan. .10.35 10. Fab ivwrw » *ip.O 10.47 10.42 iil.w 10.UA7- 10.43-i) .10.31 10,33 10.27 10.34 10.34 r. 10.i 10.31 10.38 1M.S7-3S 10244-35 10.33*40 10.35 37 Closed steady. TIPS FLASHED From Wall Street. today «&%.*•» ■ slow; early advancaa mostly lost; quality good; left over 6,034; .. «. J • estimated for tomorrow - “--*6.96: . . rkers holce heavy |6.86^ii.95. lints estimated 13,W0. Market strong to 10c higher; quality fair; beeves 84.25lft.10: cows *1.3)©4.tf); heffers $2.4-xtf6.10; calves good prime steers $5^6.10: poor to medium $3.9<stf4.80; Stockers and feeders $2.750440. Sheep—Receipts 15,000. Market strongor; •innllty good; native* $3/06; western 83.264b 6.10; yearlings I5.75U6.25; lambs $54T7.3c* western $61/7.5). COTTON 8EED OIL MARKET. New York, July 5.—Tbe trading was quiet and wholly of a prcfereloual character In the cotton seM oil market, nnd prices wero largo lines at top prices. Tho other months were also higher, but with a light trade ami tin* market clones strong, caus«\ bty tho strength In tho provision market and to some extent to tbe government report on cotton.—Ware & Leland. MT..:::::::::::::: 8SSB::::::::::::::: » Closed steady. 36 4T36L r ©37 Vs mz 3l\crS2V6 31^U32 CAREER OF A MONOPOLIST. When at the tender age of four An apple he devoured with aeat, It proved there waan't any core— He took the rest. Grown up, he had the luck to find A girl with wit and beauty bleat; She gave one kIbb, "Just one, now mind”— He took the reat. In business a monopolist 0 He qulokly rode on fortune'* crest; yo competition dared resist— He took the rest. At last his health could not endure. By care of millions sore oppressed, Physicians all advised a cure— He took the rest —New York Sun. Private Wire to Glbert & Clay. _ New York, July 6.—Daniel Odell A Co.: Extension of Tuesday nfternoon's rally Is very likely In tho stock market today. It looks vary much as though a holiday trap for the henra had been sot. Thore should bo henry short coverlog, and, ns Intimated Tuesday afternoon In somo of the advices submitted, Improvement of a radical char acter should take place during tho re mainder of tho week. Whether It will lie permanent Is doubtful at this writing, so reasonable returns ought not to bo neglect ed." Marshall. Bpndor A Co.! "Them ore no new developments over tho Fourth to mnko ony especial irapreslson on the trad ing public, but tho London market yestor- day nnd again totlny reflects rather more confidence In Amorlcnn shares than has been noted In the recent past, nnd In con junction with tho strength displayed here on Tuesday there la ground for belief in Its continuance. We expect tho market today to show a good tone, nnd believe Union Pacific and Southern Pacific. Rend ing, Now York Central. Steel and Metal shares may show the effect of a covering movement in any event, if not something better." The Now York San soys: "Americans were selling lu London yesterday, regis tering average gains of more than ft per cent. Ue&dlug led with a gain of lift points ami Now York Central nnd Fensylvaala gained n point and Tft, respectively." Prlvato Wire to Ware & Leland. New York. July 6.—Bank rote unchanged. London Improvod all around. Americans per cent up. Disposition shown toward going slow In bear operations, for tho market Is largely oversold. wo!-:: Home easier wuma o mion ume, and take such stocks as Baltimore and Ohio, Atchison, Missouri Pacific, Norfolk, United States Bteel nnd Coppers. ^They ore more attractive, with prospects of Cop per going on an 8 per cent dlvlaana bails, and steel trade conditions unexcelled. Bear campaign seems nearly over, and around present levels or on drives, would AT NEW ORLEANS. Th. following I. th* rntigo In cotton future. In N.w Orlenim today; „ ... lint rrartou, Opjn. High. Low. ttalo. Close. CIom. July .iLor. IJ.& ll.Ct 10.1, 11.13*10 11.0341 Aug.' .10.3, 10.03 10.(4 10.02 lO-tU-GI 10.34 33 Sept IOlImO 10.3,3] Oct. .10.10 10.26 10.19 10.25 ]0.:I-25 10.2122 £: i?:s SP Br hL 3/ch Closed steady. i<UM4 10.* rtfi.8647 10.5 Uo-4C, 10.il favor taking on the good stocks men- The market displays a decidedly Im provod tono, nnd have splendid reasons to believa that It will last. Rending In the lend, while Stoelg, Coppers. Baltimore and Ohio and Norfolk are in hotter request. It Is reported from good sources that Philadelphia Is a buyer of Reading on nil recossion, and Is predicting that It will re cover to 180 this week. The professional to be aolltnr It on recess tlonal extent. Corn a There la Aqgrosslv prices. Prfet under way. £ quality oquallng nxpectatlo marketing unlikely. Com jin>gn--4S with warmer went proved whore not past help. ALL THE CEREALS OPENED LOWER DUE TO FINE WEATHER FOR HARVESTING. Minneapolis Declined a > Large Fraction—Shorts Were Beet Buyer* of Wheat. Chlcngo -yuly. dollvnrli>« Tucn.lar ware ISjTOO DuhIioIs wheat, 166,001) hushels corn. 500 barrels pork. 260 tierces lard nnd 400,000 pounds short ribs. Cblcngo Record-IIernld: Clear weather ha. prevailed nuito generally over th«» winter wheat sections of the southwoot during the Inst forty-eight hours, but tnoru have been rains through the Ohio valley. The north west had light scattered rains o\t*r the northern portion of tho spring wheat stares oft luesday, Predlctlnns are fair for both sections today. The trade will watch with some Interest today tho extent of the wheat marketings nt the Country stations through tlm southwestern winter wheat states. It Is hardly probable thnt they will bo ns large ns they wero a year ago. On tho dnr following the Fourth last year nil points had approximately four d^yn r ar rivals to exhibit, iin lending axthange* were closed Sunday, Monday and Tuesday. To- Jny the arrlvnls will represent only two any a business. There Is ovory ludloatlon that the United States Is out of tho export business uu its for tho entire yoar. There Is no now business of Importance being fixed abroad In conrso grain, accord ing to the statements of New York export- foreigners awaiting developments on “ nud the effect of tho new crop Private Wire to Warn A Leland. ('hIrngo, July 6.—Tbe Inter-Ocean says: Solos of ensh grain lu Chicago were 125,000 wheat, 178,000 corn and 160.000 oats. Tho wheat sales Included 20.<x»o No. 3 at 2c under July lu store. 60.000 No. X l L , IUVIUUIUB ui.wv .WUIUIUUU. 41.UIIU bushels low grado Duluth spring ami 82.000 2Sf*74r By Prlvnto Leased Wire. Chicago, July 6.—The bulls In wheat at* tempted to force that market upward by buying corn and starting a bull movement In that cereal. Northwestern bulls wore not Idle, telling of Mark rust up there, but It mado Its npposrnnce on the bushels yesterday of one firm. Wheat reacted soma from tho bottom late, but closed lower. Corn closed Qc higher, oats were off fetfUc- Provlslons were up 2' Cash sales of No. 2 rlva In stxty days. Argentina shipments for week were ostl- mntod by Brooiuhall at l.son.ooo wheat and -.?55,OW corn, conipare<l with l.ffifi.'XjO aud M69.000. respei-tlvely, a year ago. Tim Kurigarlmi wheat crop Is officially estimated at 180,<wo,ooo compared with 154.cjb a year ogo. No. 2 red winter sold \c Heptembor on track with He over Sei ber bid to arrive. Actual sales were made at 80' Prtmar corn 711,1 096,OOt), reapectlvwly. a year Clenrances of wheat 133,O'/), corn 13$, 000 and oats 1,100. at SOftc to af- eptetu- Imnrv receipts of wheat % 718,000, compared with 343,000 nnd 1.- « CHICAGO GRAIN MARKET. Tho Chicago grain market ranged as fel lows today: Open. WflEAT- July. .. 79*4 Sept.. , 79% 81*4 at IHt- to Buffalo. * rare to conio from Into Tuesday and “>portunJ‘ ‘ from uaooo Tho first black "rust file northwest arrive* gaT# tho wheat bulls n RrtcM « fraction. It «»• .. uu . .w,.......r, .South Dakota. The message read: "Wheat covered with rod rust, and In soma placos black rust has been discovered In tbo east ern part of Booth Dakota." Tho wheat bulls are anxiously looking for •very evldcuco of black rust, as they look upon It as tbo help they enn got to hold " '•s up. jy had an oversold appearance nt tbs closu Inst week, but since then conditions have changed, nnd July has gone from V$c Premium to Ho dls^iuut under Kept ember, 0 unexpt-cto.l delivery of 73').000 bushels July Monday nnd 165.000 bushels Tuesday with everything olso soiling nt prices? This Is the question that Is nut tnting wheat speculators. Tho bulls claln: they will not sell. NEW YORK COFFEE MARKET. Following Is given thu opening nnd closing Tbe Ilobrew Standard publishes a list of no fewer than nine United States Jewish chaplains who are employed In Greater SOUTHERN EXCHANGE Oldont Established Office fiouth. COTTOI—STOCKS—BONDS—BRAIN Ground Floor Oould Building. Dally market letter and market manual mailed on application. LJ. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Correspondent's Capital $250,000 NKFCRCNCC, THE NEAL BANK PHONE MIT. PKUOCNTIAL BLOG HUBBARD BROS & CO.,,Sis Atlanta Officea, 219-321 Century Building. Member, New York Cotton Exchange, New Or- leant Cotton Exchange, Liverpool Cotton Aaao- elation, Chicago Board of Trade, New York Cof fee Exchange, New York Produce Exchange. Busineea solicited for the above exchangee. Direct wire service. Correspondence invited. Phonea 454, Long Distance 39. A. S. Hustacc, Mgr. Millionaire (In Paris)—What old master" coat so much. Doolgr-They ore getting workmen at the factory » for six months’.—Cl akea tbla •caVco—th* m-eii on a go Newt. oae you regard your election as confidence aud esteem?" ii a9**• red the pollttrlsn; "It show .IIuRbend—Welt. I hear old Goldmsn is Jead and leaves n quarter of a inlllioa. Wouldn't yen Ilka to l>e bis widow? Wife-No, dear. Nothing maid r^wsftty dettght m-i more thea just to be joura.— Judy. flew Orfeesi. CBltn COTTON^G^Llff, f^fa^^BONW, N« 2 Wall SI., Fattfa SvIUieg. Atlaata. 0*. mill Hi St CMcif • Baati of Traia. CkUaja Sta<i fxrfessy*. Maw fora Catfaa luaaafa. FriiatY'wiraa fa Maw Yatk, Haw Orlaaaa. ChUaf. B. C. COT Mi AH. kniin. .... ] vs Staaiati fltaaa 79a. Its Yatk Ceffss titkaaaa Sear Orlaaaa Catfaa (Kkiifi. thataaal Catfaa Aaaotiatlaa March April May June July August September Octobor .......... November ....... December ....... Closed sternly. Opening. 6.60-6.70 r, n, n vr. »: mi i; sf, u «r. 6 !*5 «; 90 (i 95 fi.Wi-7.rt0 6.20 6.26 «. .m *. 6.85 r. .'if, 0.46 X&646 u5ttJ.iV) fi t:. *; Mu t; no «>:. fi vr.« ini fi.!*0 fi 95 Dec. .. _ CORN— July. .. 61U Hept. .. 61% Dec. .. 49% OATS— July. 38% Hept. .. 36>5 Dec. . . 86% PORK- July. .. 17.60 Sept. .. 17.15 Jan LARD- .Tnly. . . 8.90 Bopt. . . 9.06 Oct. . . 9.07% 19 % 9.10 9.12% 61% MS 49% 19% 19% 80% HIDEB— .Inly. . . 9.fi’% 9.fir, Hept. .. 9.6ft 9.60 Oct. , „ 9.27% 9.32% CASH WHEAT— 3 hn 17 55 17.16 1190 8.90 9 rtj 9.07% 51% 61% 49»% 8g 86% \x* 9.62% 9.62% 9 60 9.66 9.66 956 9.27% 9.27% 9.274 N». 2 red new S0%: No. 3 ilo 79<t$lo rd winter 7^4lfvi%; No. .1 do 7.M ^o. 3 do uow 78%®W%; " " spring 83%; No. 2 do 82< 78*1143. NORTHWEST CARS, Indny, Taat week and last Minneapolis Duluth ...... Chicago ..... CHICAGO CAR LOT8. No Obataofe. From Tho American Spectator. "Tho now automat!/- tedephonn ex changed will do away with the Ventral girls.'" 'Groat! A man can nwenr through hid 'phone without getting a call down! 1 ' Milan has decided that at every street crossing eight signs mndo of brass letters shall be Inserted In the pavement. Today. Tomorrow. LIVERPOOL GRAIN MARKET. Wheat opened *» lower lower; ringed U to % loi Corn opened % higher; changed; closed % lower. PRIMARY MOVEMENT. The following figures give the primary 1 movement of wrlicat nnd corrt: heat—Receipts todsy agslnst 342,000 Inst year; *_ bu-heis, Ng/iinnt 29rt.rtrtrt inat Corn—RerHpts today 718,<)0.) bushels, gainst l.U&Mrto last year; shipments, 966.000, : against 370,0last year. ATLANTA NATIONAL BANK ATLANTA, GA. C. t OURRIKR, Pr««!d«nL A. B. THORNTON, Vie.#mMml H. T. INMAN, VlM-erMldant. QEO. n. DONOVAN, C.M.r- JAMBS a. FLOYD, AMrt-C.hl.r- Capital $500,000.00 Surplus and Undivided Profits $500,000.00 We Solicit Your Patronage. CENTRAL BANKS TRDST CORPORATION, CAPITAL $500,000.00 If you contemplate opening a new account, or changing your'preaent banking arrangement, and wish to connect yonraeK with a .trong, conserv ative bank, fully equipped to serve you as your bu.lncss Justifies, we Invite you to call and talk tbe matter over with us. Asa Q. Candl.r, Pra.Id.nL W. H. Patt.rson, Vlc.-Pr..id.nL A. P, Coin, Ca.hl.r, John 8. Ow.ns, Vlc.-Pr.sld.nL Wm. D. Ow.ns, Asst. C.shl.r PIEDMONT BROKERAGE CO., (Incorporated.) Basement Floor Piodmont Hotol. STOCKS, BONDS, GNAIN, PROVISION*. INVCSTMCMTS, yr at t Wire 8ervieo from Now York, Now Orloene, Chicago. CORRESPONDENTS M. J. RAGE A CO . 42 BROADWAY, NEW YORK. tBW. BOTH. safer Laaal aai laa$ Omtaata Ball ikaaa Iff!. MADD0X-RUCKER BANKING CO. CAPITAL SURPLUS AND PROFITS ACCOUNT* INVITED $200,000.00 $500,000.00 Wc invite accounts of individuals, corj(orations, banks and bankers and offer the best terms consistent with conservative banking. In our Saving* Department allow Interest at the Rate of 8 1-1 cent. Compounded Semi-Annually.