The Atlanta Georgian. (Atlanta, GA.) 1906-1907, July 10, 1906, Image 11

Below is the OCR text representation for this newspapers page.

THE ATLANTA GEORGIAN. 11 edited by JOSEPH B. LIVELY .ee,********************* cotSIsIll TMfJRY LIGHT ONLY BAD WEATHER CAN HELP THE BULLS. Is Claimed the South Is on Short Side of the Market. Tii f rt li not enough tiu«Inra« bclns tram- u tfd in the cotton exchangee to make a Iirkct cnlllntt for comment. * It |> clnlniKt the South In nhnrt ami will .... rover. The tmlln nro waiting for_ had Sithw, which they claim will run them K, the meantime, adrlcea a» to the crop K I weather contlnuel excellent, ami If the Hia li abort. It la apparently ratl.flnl on theory that It will‘take a conal.lernblo of 7,ad weather to force them from tlrrrnool^wee about aa expected at the JalSnila inornlng. ahowQ a decline JTlfAnt. on futurea and of ^ *1,’ reaponae to -fir'eropol'a decline, the v.w York market ahoufd have opened un- rtintel whereae, Initial prleea were lfii ( THE GEORGIAN’S RECORD OF MARKETS AND FINANCE") Mr. LlrHy’s 23 yinrs’ riparian** >f edltlnjc markets In Atlanta and the Houtli hi!H i»nd« him A roc. ogulsed authority la hU specialty. kalea of eollon hare been taken out of the k.w York atockror Slpme S t to New Or- •aaa for delivery on July-. V' - thla lot are ii\y-, kalea of thla lot are being Wontan line ateamer leaving todi Ste to follow, la taking the edge ^Tbe’Jret’tie'le of 1*0* cotton, railed In ralfnrrlna. Tex., waa add at auction at the "w York cotton exchange today to q. W. Cnmmtaga for EtUaon k Co., of Liverpool, 'Vi? «rit > °biie of new cotton (old In dear Orleena today at I0e. .... The monthly morement of cotton for lane ahowa a deerroae under the earn, amath laat year of 215,*7. an Increase for Jane over year before laat of 118,225, and deerenee for June under the aame time 1S03 of 88,177. SpmspHPSHSiiaHMiii at' the local cotton market today dlaplayed a dtapoaltlon to eat. qaptationa being I to I point, lower with bnalneaa dull. The In, Ilincea were quletneae In the market ai Uverpool and favorable weather In the louth. Two of tho lending broker, were Inijera of new cropa, presi aborti put out lnet week. NEWS AND GOSSIP Of the Fleecy Staple. I'rtrate Wire to Ware & Leleed. New York, inly S’.-The llccnaed w.ro- houae stock lino dccrc.ipcd 765 bales, certificated atoclt decreased 729 bnlea. Journal of Commerce aaya: “Although the crop now* Is so generally favorable, Hero la a fear that at almost any time there may be a change for the wortee. Aa the short Interest la undoubtedly large, auch an ovent might hare considersbte ef fect. At the moment It la still “«y largely a [irofeaalonal .market. The weather will have considerable Influence on tba course of prices. In fact. It Is almost entirely a weather affair. Th. general opinion la that the crop a doing very wrll Indeed, but the disposition among very many, for t that, la to await further developments." Commercial «ay»: “Spot men are not very hopeful ns to the outlook for the Japan buslm-st for the new season. Japan new (canon, i good a eua Ho far thla ■ not h . w , tbla year aa It waa last. ■ Japan lias taken ps.iif bales of American cotton, which la ltc.wxt Icaa than It took during the same period last season." Llrernool cables: “Market affected nn favorably by poor report from New York; market steady at decline." Mitchell offered 6,000 December at 10.*0c. New Orleans July Futures are dnll and. narrow. . Scalpers are rather Inclined to buy on the unfavorable reports from the eastern belt. Sent' * ’ lentlment. however, er for a loug pull, i. Iluyers are Ink SPOT COTI ON MARKET. Augusts, steady, 8t. Louis, quiet, Irr&nnsb. quiet, r UVIRPOOL COTTON MARKET. Uverpool, July 0. 13:15 p. m -Cotton, spot, emand limited, with prices easier; mid Hag nplaiids. «.U; anfes 5.000: American 4.W); apeenlatlou and export 600; gecelpta 1,010; American 2,700. Fatarca opened easy. August 5, ......nt-Sent 6 Kept.-Octi Oct-Xov.. Nor.-Dec Hr.-January. . ..6.68 snuary-Feh 6.W Feli.-Man-h lirrh April. , . . .5.62 Closed easy. TO PAY’S PORT R EC EIPT8. The following table shown receipt! at the C trti today, compared with the same day it year: INTERIOR MOVEMENT. ierota .‘.’a' !,*,* *.*' ... lemphta Louis 1 lodnnati ... . R SPOT COTTON MARKET. a.P alT t* ,on - July Cotton steady; mid- J“ n « 'I Idle; net reeripta 6*1; groan 501; 0; stock 22,526; export, coeitwlee Xerfnik, July Cotton steady; middling milk teeelpt, M6; gro« IS: MlM MT; "I* 15 -*»; exports coMtwlM te. hatannnh, July Cotton easy: middling V: net raealpt, UK; groro 1,7(0: sales stock 28,781; export. To OrMt Britain IW; to continent 8,7*8. aiu Jol 7 ».-Cotton nominal; mid- «'»* "V: sat receipts none; groan 750. an, .V.ftaM. July I.—Cotton quiet; mid- 3** >J>e; net reeelpu 5*0; groee 180; "wi-iP 0 - **.*•. correct ml. **ot>u». July l._Cotton quiet; middling »V: net receipts S; groan 25; inlet 25; *•*": etporta cMatwlae 128. Houston. July 2.—Colton qnIM; mlddlli JSjJ!'* receipts 878; groM 878; Mien non •alpmctita none; atoef 15,201. .Auguett, July f.—Cotton steady; middling J|V: net receipts HI: grow*bl; ship- *2111 ■•e* O; Mock 75,810. l#t:l? J i ,k ! , ■ July *.-^Cotton qnlet; mlddlhig - qnlot; IMHIH r n^ u «£k , 5S..^ : ,,,,pra ' u, ‘ jHaHnnatl, Jq|« 5^: «r- H 141; »hlp M v b,rd . Bro »- * Co/n Cotton Lntt*r. w,"' Tn rk, July The market hnn «*n exceptionally doll during the day, 5“ *»h a lower tendency, which la "•direct result of the good crop ad- ahu . n ^* cl> ,h * *»P**tn are rnmnrk- Wie In their general aatlafactorlnean, Jiil, 8 " w * are entering the critical pe- ^d. the crowd I, not willing to aell ag- KtUL v * *1'. hfnc ® tha temporary atag- which cannot laat Ibng. The weather map shows much rain over the belt. Trxaa gets good ahowera, which Is a favorabla feature; hut rain In the At lantic, I, very unfavorable. The -net etoek of ration In New Orleans Private Wire, to Glltert ft Clay. New Orleana, July ».—Understand about 1,000 notices out thla morning, which caua- ng easiness In July. Think unprotected •horta should take advantage of this soft ■pot to cover. The market today ahowa Mme jeflvlty with price, lower In coi of exceedingly favorable prospects of the crop, especially In Texse. The western forecast Indicate, p*rtly cloudy weather for all of this district, wltn showers tomorrow In Louisiana, Arkansas and Baatern Texas. Today's map la fairly wet and dondy, Taxaa having again received a well scat tered rainfall, wnllt the same may'lie said of tba Atlantic state,, whoro It I, not needed. New Orleans, July t.—The Tlm,s-Demo- ernt line the following from Houston “During the week tbir, bat been a con tlnuatlon of tho go, d growing wenthor for the cotton. The crop la making font In Soutbetn Texas no t. and It will not be many dnya before pb sing Is Instituted by ■omo of the farmer, down tba coast. .The cloudiness baa prevented premature op I Ing of bolls and has reduced shedding to mlntnrom. Aa mnttera now stand tho crop could, hardly he Improved on." WARE A LELAND’S DAILY COTTON LETTER New York, July *.—Further rains In Oeor- gts and oth,r Atlantic state, were re sponsible for the atMdlnesa In the cotton market that lasted daring the greater part of tha session. Barly a decline of t point, abroad led to selling and a drcllnt to 1«. low 10.20c for December. Later on In the day. covering by thMe who sold on the decline led to more, or lots steadiness, Tblr change of 8 or 6 points constituted the bna Incas of th, day. There was seemingly m radical chaage In the petition, and. there fore no IncreiM In tho volume of but! to buy la lacking. On tL, other hand, there la a fear that something will happen to put the crop back during the remainder of th, growing wyron. Tt 1, il, fear that prevent* short selling on It part of the avenge speculator. Tha iiith Is abort against the .growing crop, „jt thla la In the nature of a permanent Interest. Until adma bad news oomea from the Bouth llm market la llkaly to continue tery narrow. GIBERT A CLAY’8 DAILY COTTON LETTER New Orleana, July ».-Optlon, loss of the foreign market were d say on continued favorable crop.— T -, siting a Iom of < points, while spot sale, rare (.000 bale* at 2 point! decline. Th, circulation of a few aotlcee had a do- B resting effect opoo July, which waa fur- ler Increased by a report from New York to the effect that amne cotton had been having been more or lean dominated by the Influence of nncarfalnty an to tha Anal outcome of the currant month. The weather continues In the main very favora ble. and crop, proepawta at th, present time are excellent. Indeed. The expi-roaed fear that the continued rains In the Atlan- tica aro detrimental to drralopment of the crop la not boras oot by life condlllona 'S&S?ta In reality raaaad an prorement and a Uiwr J K K*w York. July • —Tl «r. anti toe in* New York, July, dlaappolntnant today and after aoma aarly appeared t??e nnder j rectloaa. market waa a w„ ri’twa jnythiof b no special 4*moaatre; made. Today'sJr iSm.^n^S ffJttSf* - 2K ieSr * l “ GIBERT A CLAY •**- ALABAMA I ATtANTA. OA. W I I w re. coerce, miaoviaiON* HtHltan Orleans Cot too C 11- -*”*?- {, T „Koi cetron'AMoetattoa Orleans stock J;|oinMt!ii Cottoa Bxeaa S a. llcago Board of .Trade. SSS Ori'ras; Board of Uu. and Long DUUncT Tau',^^’ "• FAGAN ' M * n * S * f ‘ FAIRLY ACTIV TONE WAS IRREGULAR AT SLIGHT DECLINES. Traders Turned to Bear Side Ear ly, Forced Some Sharp Declines. By Private Letted Wire. New York. July 9,—On th* stock exchange operations were under those of Saturday under depressing tnflu ences of the large loss In surplus bank resenrts. While, as explained, tho un expectedly heavy cash shrinkage was probably Of a temporary nature^ 4M to the withdrawal of trust company for. ovel III.- perl.ill ulieil they IIIU.1I make report to the state treasurer. It waa looked upon as sufficient reason foe rlirctllMnuIng for l In- rise. Then- was enough protll Inking by the trading eh-in.-nt, ivhl. li had fob lowed los! week',-, i Is,-, l.i CMUce a gen oral recession In prleea thla morning. This selling was supplemented by pivtoum- from beorl.-ili iimirlcrH. Hut on the other hand, liquidation from tho more Important sources of a week and fortnight ago was entirely absent. An other noteworthy feature was that the volume of bualneas Increased as prices rcredeil and tin- wind,, notion of the market .suggested that Imtl I! been left to Itself li would have remained utnmt stall mat >. The Mock market opened fairly actlvo and Irregular, with a slight de cllne. Illinois Central waa the strom eat feature, opening up 11-8 to li Reading ahowad considerable firmness, Gains of 1-1 war# made In St. I’auf Erie and Pennsylvania, while the Stee Issues wero up 1-8, Northern Pacific was down 1-8. After a steady to firm opening, that was followed by moderate advances In a number of stocka, the market Be came heavy under .pressure from some unknown source, and during the rest of the first hour the tone waa heavy the price movement generally down ward. In the flrat few minute, there were gains ranging from 1-8 to 11-8 points. Arbitrage brokers say that jondon opened very strong, but sold off later, and about 10,000 shares were sold hero In the 2rat hour for London account. There waa little outside busi ness. and the room traders, after first trying to advance prices, turned to tha bear side and have since been sellers. Governments unchanged. Other bonds steady. Chicago. July k-WIIEAT-A lltt strength appeared early, with trade rather light, but cash bonsai were heavy sellers of September against very Urge country wire . ___._*a In early buyers turned larger decrease market turned very • ' >wn to new of selling ngn although they "west. poa- ■iBlAbatWr prlcaa will again be naued, wt think tha futures are at a poll now where they should be bought tor li **COIlN—'There «u J'ni'sh to bur the ft turee at the start, duo to tho duappoln Infly light receipts, strength abroad and reports of an unfavornblo character from many sections. Iiuying waa of a good char acter, shorts covering, and a bullish feature was the unexpected dccrcnso In tbs vial ‘Is. The bresk In wheat was responal la for tht reaction, but the closing was think tost rath buying ATO—There laying on tn< In 111 best results can gained on all breaks, was n general commission early, local operators also futures due to reports of I damage in Illinois, as well aa tbo belief Jin'a bullish bureau report tomororw. I;nil advances were not eastnlned, bat the dos ing wae Arm. however, with tbs market In Pl'BOvS^ONlf-Vsty little Interest was [manifested; In fact, trade was light and operations of a scalping character. ■ COTTON 8EEP OIL MARKET. luw York, inly 9.—Tbs market for cot !•*' neilrn on Katurday, There waa displayed by buyers ..ell n* expert account, -... wars confined to very sinsll The Improved demand for caan and tb«H tinned atrength In lard Uelped to establish a] firmer undertone. Reporta ._ r to r— at the dose were «ic ■ with the market steady. ton seed IX. 1 local as well •3 confirm light TALENT HALF AWAKE WHEN WEEK PETERED OUT New Orleans, July Time-Demo crat: "Spiritless and dull, Saturday's cotton market Involved not a single significant detail, and tha week peter ed out with the talent only half awake, The more reliable field reporta teem Indicate encouraging crop progress, and this. In connection with a very logical letdown befora long among tha mllla. will give tha tmara something fresh to talk about. Meanwhile, how ever, bullish expectations In the mat ter of rapid exhaustion of raw cotton auppllea art being fully realised, spin ners' takings for tha week having been nearly 100,000 balsa a quantity well In exceea of laat year's record. The mill repair season Is approaching, and at theaame time some of the mills should have begun to roach the end of a num ber of contracts, all of which Is In the natural coon* of events, otherwise consumption would preea production entirely too close. In the Immediate future Intereet hangs on prospective ItauldatliAi by tbe New Orleans tonga and the location. If possible, of the July short Interest. The wise men now fig ure It out. In lieu of a better hypotbe- ,1, that the short end le held by men not closely Identified with the Southern market. .This conclusion follow* Ina bility to locata It, and the fact that witbln tbe past few year, cotton mar ket ramification, have spread through uneasily traceable channels of trade.— Ware * Leland. red tbau !u black, vl-Jct or blue. RANGE OF NEW YORK STOCK MARKET Amalgamated Copper Atlantic* Const Line American Sugar ltefiulng Anaconda American Locomotive..., do preferred American .Smelting Refining do preferred Atchison do preferred a...,.,,,,,,, American Cotton OIL... Baltimore and Ohio Brooklyn Rapid Transit Cnnndlan Pacific Chicago and Northwestern Cbotwipenke and Ohio............ Colorado Fuel and Iron Central Leather do preferred Chicago nml Greet Western Chicago, Milwaukee and St. Taul ! ■ rare and IT™— ler’a Been Erie do .... General Electric.. llllnolfe Central American Ice Securities..#^,..., Loulmllle and Xaidivllle. Missouri Pacific ! New York. Ontario and sWestern... .National Lead Northern Pacific New York Central..... Norfolk n ml Western ■ I’oivanis pis - . «Q, «»,-,! Cur , do. preferred Pacific Mall Reading Republic Steel ‘ ‘ Island preferred Culled Staten Rubber...,, do preferred Southern Pacific Southern Railway Kloss Sheffield Tennessee Coal ana Iron., Texas and Pacific ,,... Pnjon Pacific United Mate* Steel do. preferred Virginia Carolina Chemical........ do. preferred, Western Union.., Wabash do. preferred Wisconsin Central do. preferred Total salo of stocks today, 064.100 shores. NOTES ON GRAIN Pointers on Provision*. due at J o’clock Tuesday Is expected shoir little change In th« condition of tv ter wheat from last month. A loss .. about 1 to 2 (mints from *3 of Juno Is ex pected In spring wheat and a lose of 1 to 2 points from M on oats. The depressing factor In wheat at ent le the weight of the new crop niove- nient, and thla may ctuee some further decline today, but wheat le not high at KSK t u p . rt w“ , * od * b ™ rab * bought on tbo uJSSffiki13‘MBfc ^ ta “ rstt^uern’^."’ Ar ** 8Un * -»* Wrouu »nd Barllsll, Krail.r * Co. .obi !?• ** oponlng and crowd bought It Talking 12c under Liverpool now, but no signs of d.maud, row locals buying out. on report* of damage through Illinois. ». h X k °& general commission bouse et now steady and firm, been fair buyer of May. Provisions higher on light offerings. Borne commission house buying of lard and riba. Trade light end no feature. RANGE OF THE COTTON MARKET AT NEW YORK. Tbe following la tbe range la cottoa futures In New York todays Last previous Open. High. Low. Sula Close. Cloee. July ..10.17 10.18 10.16 10.17 10.1748 10.18-80 JJ Nov',!!j J?.? “ jS : g:g }|gg 78V, --J2-H *2-** • I0 - a 10.22-23 10.24-83 E ::*8:S 111 IS:^ IS:JLo &SS ^0108^" styudy? W M M4W * 10 - <8 « TIPS FLASHED From Wall Street W^YorIrJul^S«ul.l &dcll A Co.1 Bullish specialty operations today end Ir regular Improvement tbla week, with fre quent reeiiialiina. aeem to bo the logical outlook this morning. Developments over Sunday, tolng Indicative of a good tecbnl- csl itositlon In the market, with no dis turbing news and tho prospect of a good government report Tuesday afternoou to be discounted by short covering on the part of a largo shortage, which wns made nervous by the exceptional strength die- Iplayed on Saturday, following the raid aft er tho unfavorable bank statement, which has evidently been manipulated for the monetary situation, shows distinct signs of improvement, jfa AT NEW ORLEAN8. ,n 001400 Prevlout igSlfST Oe?. io.tfc ilM g m si n Mch “10.44 io.\\ io.'ii i6*4i 1**.: SPIRITS TURPENTINE BARELV HELD ITS OWN •BfiL^U^CSlftriU turp.ntlnn fnr the past week has hung at I7kc. though on one or two occaslona It eeemed as if 17 cents was about to be touched. But buyers always came Into tbo markat In time to save the day. It Is etlll regarded as probable that the lower level will bo reached In the near future. The rocelpti for the week were considerably lM*hlnd tbo® of the some week last year, due lit lari measure to tho recent heavy rains and tl —--*— •- **-- —The al than ha Marshall, 8p morning npn comment. 1* tipped for 70 thla ider k Co.: **flentlmcnt thla . ra, according to most public Jnvorable to tbe market. The strength In I/ondon of certain Issues Is particularly gratifying at thin Juncture. Today’s market should show strength In most directions, pending tomorrow's grain crop reports from tbe government. Market looks like going higher, Includ ing Union Pacific. private Wire to Wart * Leland. New York, July I/ondon changed very her look for ln * toward 1 a bullish go little. Rather look lacllnli . nn Irregular market, but strength, na tho street ex- government report on grain there are possibilities or ahorta being routed In atocks that are heavily, oversold.. . Vacation period le approaching when many operators will * ~ market mated. conditions In the woode. hand Is considerably less for the name time last year. Roelne held tba gains of l. wook In good measure, closing 10 cents on water white and lass. Tho medium 1ect of eomo slight an advance oi 6 cent* on window grades were also tbo . fiuctunttons. tlio tendency at tho close of tho week bring to ease off 6ftl0c. As compared with Tnst year, six grades show a gain of 60c. Tbo sinallest gnln wns r<) cents nnd tho largest i5 cent*. Tho outlook for the present week would seem to he for whlch * r * NEW YORK COFFEE MARKET. market roaHqnmtly I* apt I Think wall ef Baltlmor. and Ohio, Nor. ■■H ; 1. ehancM favor a rl*e Id gtm [is. | J Dow-Jones summary: American stocka Ini London Irregular, near parity. Mining wrtttemetit began In London to- id regular fortnightly settlement be- IfaYfuriTon stock exchange In Lon cronM* In Amntga t corning ■• - l directors* day, end regular fortnlgl gtna tomorrow. Ono fa* 8<>mc probability ef.lnei mated Copper ^Top^ndltlone and outlook for fall trade continue good. Tflyty-four t — Juno show average groea increase ot 1170 IW Ne? D Ifaven surplus applfcabl# to divi dend? at $U,l«,0007aa agf/nat H70KCJ last r 7arg» dMro.su Id rash Id hsak ststemant kttrlbatnl to trait companle. Incraaslng creese In cash hr-writ. iDdaitrUt, tflv.oeiiit -Mj*r ewH. TwrDty Detlv. railroad, advance,! -5 per Politician—Your brothor-ln-law,. big Mike Callahan, ha* applied for a polit ical Job. Can' you oafely recommend (“oaItgan —Wall, OI couldn't oafely do anything elie.—Judge. October.... November * • December, o •• • Closed steady. coffee Closing. 1 1664.TH _ IfMsIf «.«-180 U.iW.85 ..180-7.00 .. .. .125 , ...,ir .. ..li w.sii -4848 add. Is announced by Consul Ledoux. of Fran*. The Bohemian Inventors have obtained patents In Austria aod Gormany. SOUTHERN EXCHANGE Oldest Established Office Bouth. conos STOCKS—MHOS GRAIN Ground Floor Gould Building. Dally market letter and market manual mailed on application. L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Comspoodiot's Capital $250,000 acriacNcr, the neal bank PHONE f4fT. PRUDENTIAL BLDG New Or/Mff. ware: a — ^ jjj—- S Fo!Fs L S^C N KfBONDS, cotton; GRAIN, PROVISJi 2 Witt SI., Peters Belldleg. AtUnle. Cl Ml¥» IK Si _ _ , .. . flew Y«t Caffe. £.<».•«•. ga*ttf i.Iiliii. . A.rjlf With It Ntw Y«r», fl«» Orfsisi, CMnge. *. C. C0m.AH «<"ijir. fill Pkes, (7(7. 2l.sJireross, PIEDMONT BROKERAGE CO., (Inoorporated.) Basement Floor Piedmont HoteL STOCKS. BONDS. CRAIN. PROVISION*. INVESTMENTS, ■t Wire Service from Ntw York, New Orleans, Chicago. CORR UPON D ENTS M. J. DACE A COi 42 BROADWAY. NEW YORK. tOW. UOTll. Meeagef. le<$tMeiloeg DI»t»ete^eUn»^W1. Private Wire to Olbert A Clay. Chicago, Jnly 8.—The only i>aci>iiraaing feature In wheat Ihle morning la the eli-ndy tone of cable.. Weather over kmulay has been Ideal for harvesting and fnr th. rowth of tha crop. Tho eaali wheat of, likely to he llherat. oo there ines nf a strong market. _ we believe It will be Th buili _ _ up prleea In fare of brllii.nt weather I .lack denuad. Favor buying oata on til dlpe. Weather rondltlone orer ratlre North west Ideal for growing crape, jy.r»^«y^S?Vr. t i58 h A # *8S! With the continued prfMwura of cseh wheat on market do not see bow prims esn hold except ss we have trouble north west, which appears remote at present. •acceptance this Private Argentina cable says: much needed In wheat belt," wrl Oats opened hlgber on hot weather iri light receipts. Commission houses bed buying orders at oponlng. Offerings light. mostly by commission turasA. Market looks higher.' 1 WHEAT AT OPENING T PRICES SOON TOOK A DOWN WARD TURN Due to Heavy Selling by Cash Houses Against Country Purchases. R Chicago, July Strength In coarea grain and covering by local ahorta nn the theory that u reaction waa In or der reaulted In wheat ruling relatively firm during the early part ot the ae*. alnn. The bearlah feature! were favor able weather throughout and heavy ac- ’ ince, on Haturday'e blda. Aa long reaaurn at caah wheat continues, . parmanent recovery to our mind le out of the queatlon. The only hop. , we can aae for tha bull, at the niomont le for aome unforeu.n calamity to he- 1 fall tha northwest crop, which at thl. writing la making favorable progreaa. Corn—Waa higher early, but ha, not retained all of Ita advance. Care here were IS leu than expected, and ilia ertlmataa for tomorrow are light. Con- , •Iderabla corn bought by larger Iradera early was gold out on the bulge. There - la a Mrlke nn at the Bouth Chicago | : corn a aale on any fur- CHICAGO DRAIN MARKET. The Chicago grain market ranged aa fat. low. today: Prevleqg Open. High. T/iw, Cloee. Cloee. j ss 80 , S3, 49 Va i S7H 1 ilSS 1 1 il i CORN— uly.. . (2 *- sss OAT8- July. .. 87U Hcpr. ,. 84tf Dw. .. 36H LARD— July, 83 lysr iita** in W* US 4 ; JdlyI B »^.80 180 8.I7H I.I7H 8.VJ _IDEB- Svi 8 0.65 1U 8.66 m m O.o;:** 052 Vi CA8II WHEAT— Na 2 rid : No. 8 do TRAOTSUcj o. 2 hard winter 74Vit(7Sc; No. 3 Jo 74® 1c; Na 1 spring lOffftic. THE SUGAR MARKET. nvw i nrjt, juiy v.—leorni rennea ana raw sugar markets unchanged. ^Loodon^beets steady; July 8e 4V4d; Au THE 7>RY GOOD8 MARKET. ... „ Them was a comfort able Increase In tho distribution of fabrics •ncrally laat work with a stronger condl- Ion of the markat as n rule, and no furthnr shading of prices. Bumnicr gnodn havo moved fairly well, and there lias been n roauinntlon of ordors for thoeo of heavier weight for foil nnd winter use. CHICAGO CAR LOTS, Today. Tomorrow, W m 371 410 142 204 89,000 U.000 Wheat Com ,, fata ... Hogs .. LIVERPOOL GRAIN MARKET* Wheat opened >4c lower; at l^B p.tn., i changed) cloned ho higher. Corn oiiciiftl hlshur; 1 SO p.m, cbuK-d • t,e fn * 4 i- IiIrImt. THE METAL MARKET. Now York, July 8.—In tbe inotal mark prlroe aro n ulmda anslar. Tin off >Ac f H|M»t it ml imirlty «l< llvi ry. xpritar off a small fraction for spot. Cupper unchanged. Lead dull. LOWRY NATIONAL BAM 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 rvslfl r Erwin. Asst Cashier. Third National Bank Capital Surplus Dr. A. W. Calhoun. Milton Dargan. John W. • Irant. II. Y. McCord. . . $200,000.00. . . $300,000.00. DIREOTORSl J. H. Nuanelly. : Hawkins J. Car “ * CENTRAL BANKS TRDST CORPORATION, CAPITAL $500,000.00 If you contemplate opening a new account, or changing your present banking arrangement, and wlah to connect yourxelf with a itrong, coneerv- atlve bank, fully equipped to serve you ax your bualneas j-jatlflei. Invite you to coll at d talk the matter over with u*. Ate Q. Candler, Preeldent. W. H. Patt.non. Vloe-Pneident A. P. Col.., Ceehler. John 8. Owene, Vlce-Preildent. Wra. D. Owen., Aeet. C.ehler. MADDOX-RUCKER BANKING CO. CAPITAL - $200,000.00 SURPLUS AND PROFITS .... $500,000.00 ACCOUNTS INVITED Wo invito accounts of individuals, corporations, banks and bankers and offer tho best terms consistent with conservative banking. In our Saving. Department we allow Intertit at the Rate of > 1-1 per cent. Compounded 8»xn!-Annuolly.