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THE ATLANTA GEORGIAN. MONDAY. Jrr.T », I* 11 f; I ? edited by JOSEPH B. LIVELY | «i«i¥ ULii IMDEjm LIGHT ONLY BAD WEATHER CAN HELP THE BULLS. I, claimed the South Is on Short Side of the Market. A— ; , . ’ V - ! y ■ ■■■ . • , > - - .'^IT C THE GEORGIAN’S RECORD OF MARKETS AND FINANCE ~)g Lively** 23 yrnrv’ experlonef lltlng market* In Atlanta aik] South hn* made him a rec poized authority to hi* specialty. NEWS AND GOSSIP 0( the Fleecy Staple. Private Wire to Ware A Lelend. Now York, July V.-Th* Itrenred ware- 52" > ork ha.i decrenrod T46 Ulra. The cerildcetrd dock decrraeed 731 bales. Journal Commerce aayn: ,, __.ra la ao “ there la a fear that e may hr a chance I abort Interest Is t !»<•? might here «mefderabi«'ef- rt. At the moment It la atlll rery largely profeaalonal .market. The weather wifi n „, u not enoufh bualneaa brim: trana- artel la the cotton, exchange! to make » callluc for comment. It la rlalme.1 the South la abort ond will J, mrer. The bulla are wotting for bad Kalkw. Whhh they claim will rim them me meantime, adrlcen a* to tbe crop wmiher coatlnuet eicelleot. ami If the Ctb U abort, It la apparently aatlafled on £? ibrory that It will take a considerable Mil oTTad weather to force them from TK«5SII”waa about aa expected at the awJlcr thla tnoralnC. ibnwlng o decline 31 aetata on fntiirea and of 1 polntn on Set-tale* 4.000 bales. . Tht' lespoaae to ljyerpool'a decline. the Kre York market aboard bare opened on- •Lnied. whereaa. Inlttel prices were 1Q3 Sint, lower with bualneaa Tory dull. ’ll n reported that from 1,000 to 13,000 W I M ’| cotton hero lieen taken out of the York ttock for shipment to New ft. Liu for delivery on July. One thouannd Em ef thla lot are being ehlpped on korun line atenmer leaving today, with J.„ 10 follow, la taking tbo edga off July SSeSas "rie Sn«’ U haie of new cotton uold. In gre Orlaata today nt 10c. tha monthly movement of cottpn for lire ibowa a decreero under the name C ik hut year of nn Increaao for I [ mrr year before laat of 116,33o, and Rrreaee for June under the Mine time TMal *crop into sight for ten months isdlnc June 30, 1908, 10,853,949: In ffin; In 1904, 9.828,908: In 1904, 10,424,804. It Private leased Wire, few York. July 9.-Price# at the opening «f the tors I cotton market today delayed i Asposltlon to sag, quotations .being 1 to I Minta lower with bualneaa dull. The in- fsracea were quletneaa In the market at Liverpool and favorable weather In the loath. Two of the leading brokers were Njm of new shirts put out I SPOT con ON MARKET. Liverpool. e»iy. 4.1M. _ Aayw/j*. sipsdy, 11 1-JI& 8t. Idsalt, quiet, lOJte. IsviDiiab, quiet, lOftc. LIVERPOOL COTTON MARKET. Uvwaonl, July ,. 13:1k p. m.-Cottnn. «rM, 4«oiiri limited, with price***»ler; mld- dllug nplinda. 4.11; eaten 4,000- American l"; .peculation and expnrt 100; receipt. American 2,700. Fit«res opened easy. ~ ojnf lily. August-font. . lept.-Or toWr. Oct-Sov Xov.-Dec Dec.-January. January Kel».. . Feb. Manh.. .. March April. . Closed easy. Sf tt , .S.7M.79 B.7S ..i.7i lm iS ..6.68 ..8,66 ..5.69 rrarloua close. S.II 6.89 6.74 IS ifi S' f* Bp* h TODAY’S PORT RECEIPTS. gwfe nday, compared Sit Orleans •talrestou .. , Mobile Mvsnnah ... Charleston ... Wilmington Serf oik *S 1248 ?S 2SS a 1122 1944 INTERIOR MOVEMENT. avmniiiB ., N- liUlls nodnnatl , •POT COTTON MARKET. July (.-Colton ateady; mid- S Ul lfc; net receipt! 143; groaa K3; 5> U I .lock 22.836; export, coaatwlsu n?!I r, " lk .’ J'l'T.»—Cotton ateady; middling Itik ?fL'"vlpta OS; groan BE: ante* a* S® /»rMj.* , 7Sy;^.dd.lag SSTix^i OriVM nominal; mid- v* "Vi »»t reaclpta nows; gross SO. «U. m 1 "* 0 *- A-Cuttoa quiet; mid- an! JAV'. “*t - middling S&TCdasrsu%. gs aw atock 25,*10. J«wph July ,._frtton qulat: wfi-isf iraaftisr™ 1 ■ k-Cottoo qulat: mlddUog ftC Shipment. ti'iurutl. Jniy Cotton, act receipt, ft.' ,ro " *0; ahlpiacnta fo; atock (.a SW 1 ® rot ' 4 Co.’a Cotton Latter. • « York, July »._Th« market tuin Inr.K ,pt,0 . n * ,, y <,u11 during the day, be JS. * lower tendency, which la "direct r„ uU o, tl) , tood crop ,d~ the reports ere remark, tut .. n J h * r aatlafactorineaa, lodTh^* * r * entering the critical pe. ttre.iwn. T, i.*' a '* not wllHBff to eell ag. utInn hence the temporary stag, “‘wit. which cannot last Ibng. have considerable Intlucnce on the course of prices, la fact, tt la almoat entirely n weather affair. The general opinion la that the crop la doing very welt Indeed, but the disposition among that, Is to await furtl Commercial aaya; "Spot t very hopeful aa to the ontl .„ Japan bu.li,.., for the now season. Japan be* not I wen nearly aa good a customer thla year aa It waa last. So far thla season Japan baa taken 13.112 bales of Amerfran cotton, which la 1*1,000 leaa than It took during tbs same period last season.’' Mitchell offered E.00O December at 10.Mc. New Orleans, July Futures are dull aud narrow. Scalpers are rather Inclined to buy on the unfavorable reports from the eastern belt. Sentiment, however, jnat aa bearish as ever for a long pull. Spots are Inactive. Kayrrs are taking nn Interest In the market and factors are Indifferent. The vrehther map ahovra mnch rain over Is 35,009 bale*, against 49,130 at thla lima last year. The amount ou shipboard la ll.lN bales, against 13,143 last year. Ban Antonio, Tex., wires; “Leading house says have been offering spoil to tbo Kast bailed October delivery and dnd no tak ers.” PrlvL._ . _ New Orleans, Jnly The western forecast Indicates partly cloudy weather for all of thla district, with showers tomorrow In Louisiana, Arkansas and Eastern Texas. Is I again , . while the same may I _ the Atlantic aretes, where ft needed. New Orleans, July 0.—The Tlmes-Pcmo- erst bits the Mlonrlng from Houston: "During the week there has been n con tinuation of the good growing weather for the cotton. The crop Is making fast In Southern Texas now, and It will not lie many days before picking la Instituted by snnm of the farmers down the coast. The cloudiness baa prevented premature opti- tng of bolls and baa reduced shedding to a uunlmmn. As mattera now stand tbs crop could hardly be Improved on.” WARE 4 LELAND’8 DAILY COTTON LETTER New York. July 9.—Further rain. In tleor- git and other Atlantic slate* were re sponsible for tbs steadiness In the cotton market that lasted during the greater part of the »e,§lon. Early a decline of ( points abroad led to selling and n decline to be low 10.30c for December. Later on la tha day. corering by those who sold on_tho radical change In tbs position, and th - fore no Increase In the volume of bus!- naan. The majority of crop accoonta are ao favorable that operators see little In the outlook to Justify heavy trading, and an long aa tha crop does ao well, the In- vmalnder of the growing eeaeon. it lu hta fear that prevents abort selling on he part of the average speculator. Tha Houth la ebart against the growing crop, hut thla la lu tha nature of a permanent Interest. Until noma bad nawe cornea from the Houth the market la likely to continue very narrow. GIBERT 4 CLAY'S DAILY COTTON LETTER New Orleans, July 9-OpUoas nn lha clone of the foreign market were decidedly •say on continued favorable crop news, netting a loan of 4 points, whlla spot sales were 1,000 bales at 1 points dacllne. The rlrcnlatlon of a few. notices had a de pressing effect upon July, which wan fur- that Increased by a report from New York to tbo effect that amne cotton had been shipped from that point here, destined for BiTtS* oncontrarfa. and that more would shortly follow. ™a vrenknaaa In July affected the ether portions as well, which hart hitherto held up surprisingly wall In the face of bearish Weather imndlttona, haring been more or leas dominated by the Influence of uncertainty al io the Dual outcome of tho currant month. The weather continues In the main very favora ble, and cron pruap o* at_the preaent lima are excellent. It ,-J. The expi+eaed fear that the ceatlnu rains In the Atlan tic ire detriments' > dnvelapmeat of.the crop la not boron ut by Ilka conditions ^tha paot. ee* sally In the^ bum|>er > year, when . “ittff*can? >' an"'aamiattkabia' hn *ssrsi£*. • O.-The market was a .VIJ MV&S& sssss 1 'tZ 'sss.nnst ‘s ■ss-v. ifed'VaSWnWV.; BiSriit anlf Ut#* cS»Ie« rtpoetwl Americans as hav- ■I • cloomjr tons, nnd our sotn* comm orw thsrs RANGE OF NEW YORK STOCK MARKET FAIRLY ACTIVE TONE WAS IRREGULAR AT SLIGHT DECLINES. ;Open]nixh Low. Close Traders Turned to Bear Side Ear ly, Forced Some Sharp Declines. By Private Leased Wire. New York, July. 0.—On tha atock exchange operations were under those of Saturday under depressing Influ ences of the large loss In surplus bank reserves. While, nn explained, the un expectedly heavy cash shrinkage won probably of n temporary nature, due to the withdrawal of trust company funds over the period when they must make report to tho atate treasurer. It wan looked upon as sufficient reason for discontinuing operations fgr the rise. There waa enough protH taking b\ the trading element, which bud fol lowed last week's rise, to cause a gen- ■ il I'ccrsabui in prices this morning. Ibis selling WHS supplemented by pressure from bearish quarters. But, on the other hand, liquidation from tho more Important sources of a week and fortnight ag i w.'ls entirely absent. An other noteworthy feature was that the volume of business Increased as prices racadad and the whole action of the market suggested that had It bftn left to Itself It would have remained about stationary. • The stock market opened fairly active and Irregular, with n slight de cline. Illlnola Central waa the gtrong- eat feature, openlnar up 1 t-S to 177. Reading showed considerable flrmness. Gains of 1-1 were made In St. Paul, Erie and Pennsylvania, whlla tha Steal Issues ware up 1-4. Northern Paclflo waa down 1-4. After a steady to Arm opening, that waa followed by moderate advances In a number of stocks, the market be came heavy under pressure from soma unknown source, and during the rest of the first hour the tone waa heavy and the price movement generally down ward. In the first few minutes there were gains ranging from 1-4 to 11-4 pblnta. Arbitrage brokers say that London opened very strong, but sold off later, and about 10,000 aharea were •old here In the first hour for London account. There was llttla outside busi ness, and the room tradere, after first trying to advance prices, turned to tha bear side and have alnca been sailers. Governments unchanged. Other bonds steady. S »«a.T5.ANire i e..Lv LtTTiii Chicago, Jnly 0.-YVHEAT-A little strength appeared csrly. with trade rather light, bet cash hops** were .heavy sellers of September sgatnst very large country sceptsnces. l*lt traders were good buyers, allowing of upturns, although they were only transitory, despite s larger decrees* lu the risible tbsn expected, end early buyers turned sellers. Tho lunrket turned very heavy, sod wss sold down to now low levels, do* to tbs weight of selling sgsluvt Mr— — although nay Southwest. law country acceptance* uoi were extremely smell In The closing was soft, end .while It I* pos- •lids thst lovjer jirii now where they should b* bought for In vestment on a scale-down. CORN—There was a rush to buy tbs fu tures st tbs start, dn# to the disappoint ingly light receipts, strength abroad end reports of an unfavorable character from many sections. Buying was of a good char acter, eh oris covering, and * bullish feature was the unexpected decrease lu the vlxj- ble. The break In wheat was responsi ble for the reaction, bat the closing was Arm. The understone it rery atrong, and w* think best reealU can be gained through haying on *11 bresks. OATB-Ther* was a general commission hons* bnylng csrly. local operators also taking on tbs fnturea dus to reports of damage In Illinois, ns well *» tbs belief la a bullish bureau rejmrt tomorenr. Full sdrsnees were not sustained, but the dos ing wss Arm. however, with th* market In PKoWfoNS-Verr little Interest wss manifested; In fact,, trade ws* light and operations of s scalping character. COTTON SEED OIL MARKET. ?St«e*t*dlspl*yS? , by buyers* both Lnes'^cTtl'U* f The Improved demand for cash and the con tinued strength In lard hslped to establish * Armor undertone. Beportseonflrm Ur* - uropesn stocks, and • good foreign ; isnd Is.expected Is deveUp soon. Tri Aogus't' 51 Amalgamated Ctinptr Auialk pout Um American Sugar llcflnlug Aliiniiii'l.'i AiiH'rhnti IsOi-f'iliotlTC do preferred Amerlnm Sm.-lMug Keflnlng... do preferred American Cotton Oil MnltInitirt* ntitl (Mil" Itrookljn Hnpld Transit...... < *tt luiitln u 1’aeltle Chicago and Northwestern........... Chesapeake nud Ohio Colorado Fuel sml Iron Central Leather do preferred Chicago ond Great Western Chicago, Milwaukee and 8t. Paul., helawure and liudsou Distiller's Kecurltlea Lrle do preferred fJeiioral Electric Illinois Central Amerlcnu Ice 8aciiritiea...,,s < yiin!»<iiiri N'‘«‘ York. Ontario and Western I, National Lead. Northern I’aelflc New York Central Norfolk and Western I’euusylranlii 1’eople's (ins Pressed Hteel Car Ptcltlc i/n/f Iteadlng ItepuWjc 8teel ltoek ] sin lid . do. preferred United States Itubber do preferred., boat hern Pacific Southern Hallway.. SIorh Sheffield Tennessee Coal and Iron ,,,, Texas and Pacific Vnlon PaeJflc....... United Ktates Steal. do. preferred Virginia Carolina Chemical,.... do. preferred Wnltnsh do. preferred Wisconsin Central do. preferred Total sale of stocks today, 664,900 ■bares. 196 196 IB 116 iW" irivi 81 Ul 1$ '8W ,51!: k RANGE OF THE COTTON MARKET AT NKW YORK, The following Is the range In cotton (stores In New York todar: Last Prerlona Open. High. Low. Halo Close. Clots. July ..10.17 to. 18 10.16 10.17 10.1719 10.19-30 Aug ..10.28 10.28 ia^ 10.28 10.2847 10.SS )ct. ..To.36 iaio io!j« iajS lo!»-S lo.fe' jj »OT, 10.2840 10.B44 Dec. ..10.89 10.S3 10.96 10.92 10.9343 10.S4. J “" lo S lo 2 — M Closed steady. TIPS FLASHED From Wall Street “fid ell •gfcai _ orer technl regular iraprurement mis wees, witn quent recessions, seem to be the loj outlook this morning. Dsrslopmestf Sunday being indicative of a good tec cal posit*— *- * L - m —***- - turldng “ ernmi .. r „. discounted by »bor of a lar nervous by 1 r m played OO ’Saturday, following the raid aft er the unfavorable bonk statement, which has evidently been m mipuj ii. d foe the monetary situation, shows distinct Blgila of Improvement” Southern Pacific la tipped for 70 thla ..ivorahle to the market. The strength In Ixindon of rertnln Issues la particularly gratifying at this juncture. Totlny’s market should show strength in most directions, pending tomorrow's grain crop reports from the government. AT NEW ORLEAN8. Tha following Is tbs rang* In cotton futnre* In New Orleena today: . - Lest Prevlon* ts ® aff ® Sb $S& it oc?. '.'.to.a ib!» io.io io'.sa lo.su* lafo"’* B liS as tt sis »i“ Jan. ..10.13 10.33 14.09 10.00 iait-03 10.35 Fab 10.3547 10.33-w Mrh ..10.44 10.44 10.41 10.41 10.0-14 10.47-44 Apr. .. MOV Closed ateady. SPIRITS TURPENTINE BARELY HELD ITS OWN rearbad In 3ba near future. Tin- rocetpta for tb* week were conalderahly In-hind those of th. same week laat year, duw In largo meaner* to tha recent heavy rains nnd tlio rondlttons In tbs woods. Tho stork on hsnd Is considerably less than half ' for the same Urns laat year. ttoalaa held the gains of th* previous week In good measure, closing with rren an advance of 10 cent* on watar white and 6 rente on window glass. The medium K Hrtsa were also the subJs^mSBHBlISBl ituatlnns, the tendvm-y Due week nslag to rasa I M SB compared with laat ya*r, all grades show s gain of OV*. Th» smallest gain was 04 centa and th* Urgent 7S eenta. Tha outlook ifor the preaent w*«k would arem to lio for at ttur 1 x grades sh Bother look for an Irregular market, but inclining toward atrengtb, aa tb* afreet ex pect* a hutllah government report o. grain tomorrow, and there are poaolbllltlta of short, being rooted In atock* that are heavily overeold. Vacation period la approaching when many opera tore wilt be awe* and market consequently Is apt to be leu gllttd, Thluk well of Baltimore and Ohio. Nor folk and YVeatarn, Missouri Tactile and Erie on break*, and Ife likely Copper will adrance, aa chance# favor * rlao In the dividend rat* .to * per reat; also look for good buying in LocoooUr* and BmtJtera on breaka. Dow-Jone* nummary: At giss tomorrow. On* failure on atock exchange In Ism- “crop^endltlooe end outlook for fall trad# j3E&&* vs*-'#** *Tirgm «to«r»aaa In curt In bunk ututemant attributed to trust comptulsu Increasing tbvlr — Nut err a so In ir ,r Urgent Indoatrlali advanced .10 per e* active railroad, advanced .21 | kssSk .^Tr^^kenVi iXsp In aom* drgrro by London soiling. Tka SLjSi > M < ni. wbjStT but flrrrstsrv ShSKT. clroulsr on the scafctty of bank ■ores of small drootnlostlon waa not reas- 2?r!2a ha SJ nwoe'err alttratloo. Innamneh iS ri TL binttSwId hardly retterethe sttustlon without adding to an nlraado *Ti fortabl. amt we think more «r«gth wUI develop In the market later on. GIBERT & CLAY • *■ ALABAMA t STOCKS. BONO*. COTTON. OBAMA corrcc. psovi .ion* ATLANTA. OA. ut fiafjm* Er-SsugelNsw Orleans Cet' -n lit i-'M'IJTlJSSvLr^tMn’AT-oHstle. KJS5SS2 ^ «!?!. "off" Orleans Board **«•! and Long Distance TsItphonVsh£h ilct **^; R . FAGAN, Mansaor. TALENT HALF AWAKE WHEN WEEK PETERED OUT New Orleans. July ».—Tlmd.-D.mo- erst; "Bplrltlea* and dull, Bsturdsy's cotton mark.t Involved not • .Ingle elgnlflcant detail, and th. week peter ed out with th* talent only half awak.. The more reliable field report, seem to Indict, encouraging crop prograst, and thU. In connection with a 'very logical letdown before long among th. mllU, will glv. th. bear, something fresh to t.lk about. Meanwhile, how ever, bullish •KMCtatlOM In th. mat ter of rapid exhaustion of Cw cotton politician Tour brother-ln-l.w, big supplies are Being fully real/geit spin- U|k cMl.h.n, hu applied for a pollt- nrre’ taking, forth. 4Bktarh|j« Si fob you £5.ly recomm.m nearly 300,two bales, a quantity w.U In excess of let year’s record. The mill repair «“™ l» approaching, end at th. name time some of the mills should have begun to reach th. end ut a num ber of contract^ all of which Is In th. natural coura. or .vents, otherwise consumption would press production entirely too cloM. In the Immediate future Interest hangs, on prosiwctlv. liquidation by th. N.w Orleans long. ■nd the location, If possible, of the July short Interest. The wise men now flg- ura It out. In lieu of a better hypothe sis, that the short end la bald by men not clocly identified with the Southern market. This conclusion follow. Ina bility to locat. It, and th. fact that within the pet few years cotton mar ket ramifications have spread through uneasily traceable channel, of trade.’’— Ware A Leland. realty bee. eip.rtBc.Mag which color gather* the least snomat of microbes. They develop more rapidly lu red than In black, vlolrt or Mum leal Job. -Con you safely recommend h 'coatlg»n—Well, Ol couldn’t safely do anything cla*.—Judge. • decline la th* higher grades, which are apparently abaormally high. NEW YORK COFFEE MARKET. Following la riven tb« opening and closing qaotstloas of lbs New York coffoa market today:. Opaslo April j**ne - .’.. Bvpt^mtMe.'. ’ .*.'tS*5 1 October L40AM . DroiSbJf.'.' ""ifodS 41 Closed ateady. ______ A n*w pro^vis for purlflratlon of aagar- boot lolco, l»jr moans of brdrosulphurlc arid. Is announc'd l»jr Consol Lodouz. of I'rainie. Tbo Bobrinlsn inventors bav< obtalnod patoata la Austria and Germany. 8.80-6.16 ..... ....9.90-7.00 9M4M ... .. . ,8.96-7/6 8 96-7.00 7.00-7.10 7.00-7.4 SOUTHERN EXCHANGE Oldest Eat.bllahed Office South. C0TT0» STOCKS BONOS GRAIN Ground Floor Oould Building. Dally market latter and market manual mailed on application. L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, 6RAIN Comspondent's Capital $250,000 ncrutCNce. the ncal bank PHONE f4«7. PRUDENTIAL BLOG COTTON^GRAm.^ROVIsfeNS.HroS^BONDS, fa 2 Witt SI . Pltrrt B.IHIst. tllsils. da WtniUS: ' _ Bits fork tsttss lKtssjv. 8£Ei'Js’i'i U,, 7"'.U 51 «ei Vil. Ofifs.i, C3Jt.ro »■ C corn«ra. giM«.f. Belt rUti 130. } r>Mt - — NOTES ON-GRAIN Pointers on Provisions. Private Wire to Ware A Lrland. i’blonfo, Jtily 9.—The government re due at 2 oYltx'k Tuuadajr le expectec . ■how little ebaufe In the rondltlnn of nln- ter wheat from last month. A bus of about 1 to 2 polnta from 93 peoted In spring wheat and i polnta from 98 on oats. prea- £ §ut, and tbli may cause emiie ' further ■cllite today, but wbet la not high at S reaent price, and abould be bought on tbo reak* now. Th* depreaatng factor In wheat at p eat la th# weight of th* new crop tn want, and thla may rauao aom* fun lYorld’a ahtpmentai Tout wheat, 4.930.- M9. agaln.t 9.M4.000 laat week nnd 10.4W,M) laat year. Total corn. 1,102000. agalnat 2.WL4M laat weak and 4,3»,WO laat year. .Wrenn and Bartlett. Frailer * Co. wild th. wheat at th* opening and crowd l.night It. Talking Me under Liverpool now, ‘ no *tgna of demand. Few locale buying o*ta ’on report, of damage through Illlnola Oate higher on general conimlaalon bonne buying. Market now ateady and Arm. rledman ban been fair buyer of May. Prorlatona hlgber on light offering. Horn* vmmlaalim hnuae bui Ins of lard aud r” ~ Trad* light and no r**Tur*. Private Wire to filbert"* Clay. Chicago, July 0.—Tb* only encouraging feature In whrat thla mnrnlng la the ateady lone of cabin. Weather over Sunday baa been Ideal tor barvrellng and for tha growth of the crop. The eaah wheat of. rerltig. are likely to l« liberal, ao them la not mneh rhanen of a atrong mnrkat. tf It ahnuld b* Arm, we ballav* It will lie good place to roll. Corn bulla will hare hard time hold up price* In face of brilliant wentbM i alack demand. Favor buying oata on all dip*. With lb* continued preaaur* of ea*h wheat on market do not roe bow prlrea can bold except aa w* have trouble Sorth- weat, which appear, remote at preaent. Indlanapolta wire*: “Grain dealer* bav* had very large wheat acceptance thla mneh needed is*, aans; vorabls.” Corn Lro — bsttsr csblvs. Trado llfbt Provisions firm on llatit olferlnes and knI dcrnsui] from pit trsdsrs. iMwnnls took January stuff. Bolling 8rater<*d nml mostly by commlMloo bouact. Market looks THE 8UQAR MARKET. r Private T*rssd Wlro. Now York, July Lornl refined and raw PRICES SOON TOOK A DOWN- WARD TURN Due to Heavy Selling by Caib Houseg Against Country Purchases. -i Chicago, July 6.—Strength In conrsa grain and covering by local ahorta on thu theory that a raactlon «y in or der resulted In wheat ruling «••i.ui\#*iy firm during tha early part of the .sp.l alon. The bearish features were favor able weather throughout and heavy ac ceptances on Saturday's bids. Aa lonir aa pressure of cash wheat continue, any parmanent recovery to our mind Is out of the question. The only hope we can aee for the bulla at tho moment Is for some unforeseen calamity to be fall the northwest crop, which at thla writ In* la makln* favorable pro*resa. Com—Was higher early, but has not retained all of Its advance. Care here were IS leaa than >expected, and the estimates for tomorrow ore light. Con- ! aldsrable com bought by larger traders early waa eold out on the bul«c There la a strike on at the South Chicago elevator*, which la expected to Inter* j fere with shipping trade. The elevators 1 on the Chicago river have not been in-J volved. Think corn a sale on any fur-! ther advance. , CHICAGO GRAIN MARKET. The Chicago grain market ranged si fob Ions today; Previous Opeu. High. Low. Close. Close, 77)4 WHUAT- July... m Hrpt. .. •*IN\ .. L < ■CORM-H July.. . 63 Sf: k ■ OATS— iii.v. Hcpt. Ihr. I LAUD— it i i 6141 •■« fc i St 7M« 8S M'X July v 17.I7H 17.00 ' “ 0.0744 7,ff* 9.078 6.WV4 -- Ml Oct. . . 9.06 BIDBB- 6.K 9.60 ma mm am 7*Uc; No. 1 do 77'±#?8Hr; r to; No. 3 do 74d THE DRY GOOD8 MARKET. X IT 11 tion of the innrknt shsdlng B of prlros. Hummer coot moved fnlrly well. an«t there Iihm been n resumption of orders for those of heavier weight for fall and winter use. CASH WHRAT- No. 2 red TJtffl" No. 2 hard wrluti 76c; No. 1 sprlDg CHICAGO CAR LOTS. Today. Tomorrow. Wheat ..... :« pm Corn ..... 971 4ia pats ... |4| Hogs 39,000 lft.niNj LIVErVoOL GRAIN MARKET. Wheat opened lower; nt 1:10 p.m., un< changed; dosed w higher. Corn oponpd He hixlnir; 1:30 p.m„ higher; closed He to Ce higher. THlT METAL MARKET. New York. July 9 —In the m#tnl msrket prli«*s nre n fthmle easier. Tin off He (of •pet and nearby delivery. Speltsv off a srniill fraction for spot. Copper unchaoged. Lead dull. .» 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. Prank Hawkins, President. ___ _ . _ _ .. U- M. Atkloeon. V. P. Thoms^jC. Erwin, Aeet.^ f ashler. Joseph A. McCord, CaiTilsr. Thonise 4\ Erwin, Aeet. IL W. Ifrers, Aeet. Csaller. Third National Bank Capital Surplus J'.lui VL Grant. U. Y. McCord. . . . . $200,000.00. . . . . $300,000.00. DIRECTORS! J. ■{. Nuenetly. Frank flswklos. J. Carroll Payee. H. M. Atkinson. E. ft. Rosser. Joseph A. McCord. I>svld Woodward. aBBawaanluinnnnnfMwinnnnnnniwnnfttRww CENTRAL BANKS TRUST CORPORATION, CAPITAL $500,000.00 If you contemplate opening a new account, or changing your pr*Mnt banking arrangement, and wleb to connoct yonreolf with a atrong, conero-v- atlvo bank, fully equipped to .erve you a, your buelnees } intlflc, we Invite you to coll and talk the matter orer with ui. As. a. C.ndltr, Prssldsnt. W. H. Pe't.reen, Vie.-PreeldenL A. P. Col.e, Ceihler. John 6. Owen., Vlee-Preeldent. Wm. D. Ow.ni, Arot. Ce.hie PIEDMONT BROKERAGE CO., (Incorporat.d.) ’ B*„m,nt F'*er Piedmont Hotel. STOCK*. BOKO*. CRAIN. PROVISION*. INVUTMOfTS F*,» Wire 8«rvle# from Now York, Now Orloen,. Chicago. CONRUPONOCNT, M. J. Race a co, aa hoadwav, ncw York. low. HOTlt. »|II|». IwlMtlwt OllllwW flniMkl; WM. L. PEEU rreildeot. ItOBT. F. MADDOX. Vleo-Pres THUS. J. PEEPLES. C.itil-r. JA- O. I.IISTKB, Ann l Ouhl.r, MADD0X-RUCKER BANKING CO. CAPITAL $200,000.00 SURPLUS AND PROFITS .... $500,000.00 ACCOUNTS INVITED We invite account* of Individuals, corporations, bnnkn and bankers nnd offer the best terms consistent with conservative banking. • In our Savings Department wo allow Interest at tha Rato of 3 1-9 par cant. Compounded Semi-Annually.