Newspaper Page Text
THE ATLANTA 0EOT?GIAN.
TTFSPAT, JTT.Y in, »rjfi
edited by
JOSEPH B. LIVELY
THE GEORGIAN’S RECORD OF MARKETS AND FINANCE ~)!=SlSI I
/ • / ~~ . - . . — ~ - - - - ■■ ■■■ ■* 'f* ■ {•
[WEEKLY REPORT
MILOLY.BULUS
| small advance followed
its PUBLICATION.
| shorts Getting Nervous and Show
ing Disposition to
Cover.
me cotton market for futures showed
ht Improvement today, though
i.ur the Advance wifi sranll.
he weekly government report w
. -Jed as of bullish average. In that
were cool and daya hot In some wetfta..
while in other too much moisture Is report*
It on Its publication some covering took
Shirt but It wee found that very Huh*
lattoit waa for aale, and an advance of
ynne I or t points was easily brought
* Trade !• very dull, however, and until
w>methlni definite occurs to Induce the out-
Sile to make ventures this condition Is
likelv to continue.
A crop disaster would bo favorable
hither prices. It la not likely wo will
hare any serious crop disaster, but It Ih
Dottlble decided deterioration could take
I Lice sad ns wo are entering the most
critical period for tho crop, it la highly
arobable we will have some crop scurea
h the near future.
The New York Commercial snya:
, -There la quite a heavy long Interest out
h ttata market—larger perlmps tlum '
J araarallv bellered-and thin Interest
I Maying for weather and weevil to let
•ut In the face of the fact thnt tho
1 weather bna been ao favorable for so long
It la surprising that a more determined el-
fort ha* not b**eu tttfide to force these longs
to cover; the bears, however, teem con-
1 tent to sit back and allow' the weather
I to gradually force prices down. If there
I la to be no bad weather at nil from this
l time on there can be no doubt, of course,
J that some day the bulls will have to
•at. and thnt they will then break ....
I market by the liquidation: on tho other
I kind. * spell of had wenthbr ami plenty
sf weevil talk might let them out without
forcing a break. The feature of the alt
cation continues to be the fact that coin
eiilnta from the belt are few and fnr be-
j tween, and moat of the crop reports are
1 Boat glowing."
SPOT con ON MARKET.
Atlanta-Quiet. lOftc.
New York—Quiet, 10.80.
New Orleans—Steady. llHc.
IJverpool—Steady, i.lOd,
Augusta—Steady. llHc.
Havnnnnh—Steady, 10%e.
It. Iioula-Steady, 10%c.
LIVERPOOL COTTON MARKET.
PM I __i.—Cotton,
. demand limited, with prlcea easier;
middling uplands 110; sale* »,«*>); American
1300; atxH'uIatlon and export 3,000; receipts
HOOD; American 3,700.
Futures opened quiet and steady.
Opening
Close.
6.83 ™
6.78-6.71 6.7S
6.71 ... 6.88
,.5.814.68 6.84 6.00
..6.174.1# 6.80 648
I iulj-Aufust.
Augustnept.
rwrloai
Close.
8*pt.-Oct
J Oct.-Nov. . . ,
I Nor.-I)ec. . . .
[ pw.-Jan.
I Jan.-Felt
Feh.-Msrch... .
kUrrh-Aprll. . .
Cloasd steady.
174.63 6.60 6.68
6.614.83 6.674,68
104.63 6.63 6.69
TODAY'8 PORT RECEIPT^
New Orleans..
Galveston
Mobile
8«r*nnah
t’hirleaton .. •«
Wilmington J;.
Norfolk
Baltimore
New York .....
Boiton
Philadelphia ...
1908
1906
2382
2487
7
159
366
*ii8
40
• 80
1769 to
7093 rn
306 th
635S th
869 nn
445 ;v
8148 re
.... tic
W
•8 th
iiii ab
2671 ,|
6680
21621 m
INTERIOR MOVEMENT.
1 SMUT A CLAY’S
| DAILY COTTON LETTER
Xaw Orlfin,, July 10.—Advice, from
i-iv.rpo.jl war* more favorable tnhlgh-
,h,n hn* recently been tho
e***, end option* on the close recorded
* •*! n , of 4 point*, while spot sales
[Mlntnlned the average recently entab-
* point- niIn * ly , * 1# ® 4 “*••» *t * loae of
Price
2™ unimportant, but th. tendency
»u upward In anticipation of a bullUh
“Miner report for the week, which,
nowevf r, be In. about ns expected, fall-
” to Influence market price*. Even
*J*ence of r*ln In the Atlantic*,
•roirilln* to today’s map, likewise f.ill-
ca u*e any bear activity. This
," r the market to respond to
T,,aI Influence* Is primarily due
,xc **dln«ty small proportions to
,!'* out »lde Interests have fallen,
uop necounte heretofore have been,
In „* , rul *. very flatterlntr, but from
l '2 call,l * a reports are now bain*
™«ired denoting less confidence, re-
of an eX( T*s of moisture In some
»e Ion, and the renewal of boll weevil
tuiu.L n w **t*rn localities const 1-
2!, ln *' ha eomtdaiotn. The crop’* crlt-
•fniM ,rtod .’* at •utnd, and the closest
y of ,ta Prokress will be ob-
ut,,,' An 'ucresslnr of Interests is
1 p * nd,n * “ the new cotton
S"? Ita appearance, and we ere in-
' 10 *»ok for a correspondlmr en-
JMftment of speculatlva activity In
“'near future.
T ork - Ju'Y 10 —A small nar-
tlreicP rava *> a d today almost en-
rlln. 1 , n,, t hoot feature, unless the de-
Nd.r.s l"i* r ‘MetropolIUn was con-
WarDiv ,.Z, h *** '“U” broke rather
.SiW* under pressure, which waa not
Pal d ’, trading In the prlnrl-
iin., *i' 1 i‘ laU T a '“use m m mnm
an ?) , b°u«h restricted In volume to
'stent not experienced for many
NEWS AND GOSSIP
Of the Fleecy Staple.
Private Wire to Ware A Lata nil.
\>w York. July D.-1'ntton opened ,
and steady with commission houre* Urfit I
jailers and locals also disposed to self a
WERE VERY SMAL
at n io!w. r ' 1 la “ offfted * ,tol Auiu,t - TENDENCY WAS TO SAG DUR
Liverpool cables: “Xarrotv msrket: crop I
accounts somewhat lee. favorable in At
lantic states." I
ING FIRST HOUR.
‘ Private telegram from Taylor, Tex., July
3 Mys: "Heavy general rain, over this
worms or weevil complaints.
Early Declines Ran as High
as One to Two
Points.
not to be expected at this time.
N>n- Orleans. July 1\ Tho wonthor map I lly Prhnto Loasoil Win*.
. r * ,n ,s re P ort<, <l th# New York, July 10.—Barely any-
WBVTiaTCL^hss* S5*
- * day's ea'irly mnrket. The only feature
Liverpool was due unchanged to l up on at al1 was a farther contraction In tho
N#w Orleans and unchanged on New Yort, I volume of business, the total transac
It would be a bullish mnrket If It wire not I tlons falling to tho lowest ebb In a long
for the small spot soles. while. The reason for this was easily
tho vo « . apparent. There was no selling of con
Is , &irUg\&SS‘S$ m"hP. r, ™m; fuuance neither was there any buy
In.t year. Th« amount of ,-ntion on ahlp” '“»• ond ,hosa oppoalnk characteristics
board Is 13.644 bales, against 13,061 last year, "ere ao plainly stamped upon tho deni-
—- I lngs that even the professional traders
Son Antonio wires: “The problem now abandoned the market In disgust,
faring the southwest Is tho labor to handle I Price# vacillated between strength and
the enormous crop In sight. The plant I* I weakness without iinv real movement
so far advanced and so heavily fruited that JI.® J 1 * U r It i«VJ «
pickers will soon be iu greater demand than I f‘ ta ® r t * ie 5 rst . ”!*. hour a
ever before. I feeble effort was made to get stocks
— (down, but as has been the case for
Prlvnte_Wlr# to Glbert A Clay. I several days, no liquidation
“.-JTh# Jo * ‘ *
New York, July :
Journal of Cora* I brought out, and when the early sellers
nm ‘t2^^re\ljrtS5S“JR^T«™* *'"t back to where they had
dence In tho expectation or a good six I come from.
months trade now that Inventory periods I The stock market opened dull ana
hare'Shown a healthy condition among sec-j Irregular with the Initial quotations
showing small fractional fluctuations
keep a number of buyers of stnplV*cotton
- a. # . .. ..... , , I ■ilUVtlllK BIIIUI1 UUCUUUUI IIUtlUtUHHIi
H Requirements fw* Immediate consumption I , n 0 i*her direction th# chnnres rnne-
een a number of biivers of stnnle mtrnn 1 * n ®> iner auijiuoiu m# cnangvs *
Ing from 1-8 to 1*2 per cent. Reading
opened 1*4 higher, Great'Northern and
Northern Pacific up 1-2.
<y in tho primary markets* looking
the post two or three weeks. It Is not
believed that buyers hare covered their I
After tho opening trading tho mar-
oak gif around.
Into the market."
New Orleans. July 10.—The bale new cot*
ton was sold at MfthNimm ' “
per pound. If
ket turned weak
New York, July 10, 11 a. m.—The
arket during the first he
ng without significance
PMMHM .. ... .fane# to tho price movement*.
I at auction rwl,rtUy for 46c dullness, although natural for tho sca-
• nM*waaTiM~lit W hv iv >,I I» BmiY' Th. T ifc aon of * h O y*»r, WOS regarded With
!!* !"<« Si tL P imo™nt rniSl P l^ 'll'' a ll' fa ctl o n by the room traders,
the pool, will b« turned ovsr to tb, charity who found It hard to causa enough 1m-
hospltaL preaolon on valuss to allow th,m to
— make fair proms. After they had sold
Eutiw. Ala., wires as follows: "Good stocks early, causing decline* of 1 tf
rain lost night; did not com* too soon." *.po| n u, moderate buying by them
Market, show, somo little strength on IS
account of shorts covering and some fresh ? on **
buying In anticipation of tho usual bullish trage broker# ceased cabling «oon after
weekly weather report. I the opening, saying there w&a no op
— portunlty ror them to trade.
Central Texas wires: "New complaint of -
Domrciond , y ro we?:h;r , pr?*v 0 .f?i" wmln|! ,n ’ GOVERNMENT WEEKLY
. ,. , , 7“ . . REPORT OF WEATHER
A friend wire* from north Lovlstiaa] I
asr rj'Ans jm&sruxdarszi .w
excellent; acreage Increased and tW pros* ISSiJ^SLSfS® *rfi»
pects are of general comment. Corn crops
If psn. ouMHI will be .at,.hod." I ^^XreTn'en^.eJf: c^nJlV^undrefe
Tod.y'. m.p l. vary f.vorebl., .^owlnc | gi'ttftSVStr^SJVisSdfi
western half of slate.
Arkansas—(Little Hock) The days were
moderately warm and the nights mostly
H vorable, showln,
western belt am
ilng prices nooli
very fav
al ond w
y. Openli
rains In the central
the eaatern belt dry.
f Influence of auch excellent con
S/r. W '*' b ' r W " h « c “' 0 “ , " aBd . lo °" W "ea*r^a—(Atlan**) Th. wether v w
,n°urere. I nlMasnt with t.mpersture .lightly b«l(
■ *— normal. Showers were general on tho ?
WARE & LELAND'S DAILY 4th and 8tb; in the northern half of t
• COTTON LPTTFPlotato on the 8th end 7th. There la ample
COTTON LETTER I £J* atnr ^ moit u!itrlctt receiving rainfalls
SrSlnrere th M r *NSrthMb.reii! ! .5‘-(nelelgh) Th. pr«lplhi-
Atlnntlc ,t*te, ,how tno much rein. ^anshln.'u’neS^T Th^
the nlnnt Is In good condition. There J ‘^mjunnms 1 'snd 'indlun '' TerritoryHOkln
notlilne rosily unfstrorahl. In th, , 1( cool northern winds prevailed. Th,
L AV*. "* a *!S temnorature- tverage.! * i
tulking vf
i the usual
nut.! When com,»red tempirsturw sv,r. r l J ilcgrc. Iielow
ckly at IMS vssou of th. U.t
reraged 3 dej
half of the
half general
winds prevnll
* * 7roos below por*
week was clear
sad' tha U,t half genlnilly cloudy, with
the dsy jiad hora snlflclently eiren.lv. carollna-IColuobla) Tte sunshln.
lend proie«Aionnis to cover on the aQ*| an .i >*mn«rtinrM were below normal. The
ire. Rod this started an advance of •“ ZgiSttSFSa JuthlSy nhSvn normal,
ernl points. A large eryount of cotton 11.itone rated locafitlee receiving ex*
H taken from tho market early, and -'A?!* J5KV?IL whJkTover smsU sreJs tha
when tho buying ntnrted, there we. »t- STflT, belmv thn
■■•n for eofe. It took an advance I rsluf.ll w.» heiow ;ne »
tie cotton :
end this" led to sh.ei.ee of any marked dw| M w( ^5“^51! a ;, < ^C5«^ h *wb"h k w7re
sire to well. As far as cron nows went, I * " 7ocalllle. Ucht K-stt.-n-.I
"Pworf-generiny. «U jhst con d IS ^I^re o^^stTt thTrlow of tb?woek,
desired. Until some untoward development j ra |nfall was deficient In most etc
is eeen, the market Is Hkely to continue IThe temoerature was about nor*
narrow. There la little pressure at the mo- lnt | *| n poathern portions and below In
New York. July lO.—Theastock mar- "fiStf 11 * >O^Uon, •
ket waa a dull. Irregular and unlnter- Mlselselppl-iVIcketrarg) The day temner-
estlng affair this afternoon, following stores were moderate and nights cool. Mach
* but within frac- of the week woe clondy, a .few heavy
i.u.m. injun UU....O the morning trod- *&.il“nc'i'.'!i
Ing. Th. operations of th. room crowd fF'&ny i'oASiH* '
,— • Tcx.e—hlslveston) The wook wts gener-
* ally cloudy and unnsnnly cool ln - —
position to sAvalt th* crop r*port was and northwestern counths. . .
manifest, whll* thn nttendanen In th* E la * . ln ,J’7,TL T or.^T. ilhiy tSd' ln^en*
atreet wan parceptjbly curtailed by the I tfi | y Bf | pouthwettern eect/onp, end »•«-
dullness. The outlook favora a main- Iv^Ut below the average elsewhere,
tenance of the trading position, but T «>re thunderstorms oeparerd on Monday
with a preference for the long side on end Tuesday In **\*f*} ^ntles.
th* reaction*, which will glv* moderate TMMo^-gfshvhl.) Th* wrek
return* to actlre and alert opm-otore. F»> "tfli Im*^ ’£,H:.tli”4? .nd sr
Th* mon*y iltuatlon In ntlll reported fortfd^sVfriclent moisture, as a rule. In
as being Improved, and w* so* no rea- „„ rrn .,,.1 northern section.. The wo.t-
non for believing that th* market will era and southern portions of th* etst* geu-
meet any amount of liquidation at | .rally are very dry.
present levele under existing circum
stances, no that any feature davelop-
Ing calculatad to atlmulat* nervousness
th* part of the bears would be like
to bring about an advance of sev
era) points, where some stock would
undoubtedly be met. _ Several *s»o
FAVORABLE WEATHER
CAUSED THE DECLINE
Xew York. July 16.-The Bun says: "A
■mall decline .was the reenlt more of gm
ture. Conservatism will
dally trader.
E srksts were Urm.
B—» - al1 .*be
world, and heavy nine
p* sgalait
weeks post The action In the market w**t3?fiP*tlj5S'tt sn^traUi at alMa fhe
in"K K'fiy r " l a ,h fLTr.r p fejssw&am
government report waa disappointing rrm’irt to some esteet. Lmdlng bulls are
and gave no Indication of aupport. and. said to have bought.October and ...It De-
In fact, It would aeem almost as If I camber. A eomaslselon ben* here la re-
th *, m t*Xe h S2turtly *n would*WP- Bffflea to'S'SeAre of A'
against since Saturday. , K ." OBId ap , j contracts. It Is s waiting market. Th#
pear almost sure that In todays break rrop )t believed to be doing weU, but even
..— —■—~irts will follow, | in, n ore MRgnla* hears, fearing tbnt noae-
her may tutppea to It daring
sterling gold Impoi
and that money will
continue fairly I thfee or other may
plentiful, but ther* Is no present evl. July or Ansu.t, ere, therefore, not lacUeeJ
Instate confidence. There we. very little evl dene* ,.f life
"LAUasnu t
GIBERT A CLAY
STOCKS. *6nds*
r. COTTON. 08AIN.
corrsc. wkovisions
MCMBCRSt
ATLANTA. OA,
The rumored shipment of Jtslv
iimm ■ -n from New Yorir
outlook for loe«l
There
where.
I tenders to New Orteei
was not e reewurinr outlook for local
July longs. The ■!tendon is enfiergnlRg ao
I ctunge of conseqo*ttre. other than that oc
casioned by the epproeefafng termination of
current msnlpulstloa. Over most of the
belt favorable crop conditions obtain, but
I excessive mo4*tnre has ren<lcred the re
mainder peculiarly susceptible to wrether
‘sinter. However, at the moment the
” y," y i -i'hinrs luvefpooi uotioB AMOfiinoo i *u|Biiud# of the trade Interest la the uew
««*s3sassi osss fcas^ciisasa'ss.' bss ."sa.asr.arwss:
ntTmU ZZsm! R. FAGAN, M.n.n.r, 1 '* Ck " , « «« d * 8 » 8a ‘’"-T»S
YS?r 8, .? tk Sreh.nreIXew Eiclunt*.|«lcjir’ n'uird of Tr«d..
I er .. _ , Private Wires
•••Cii end Long Distance Telephone
RANGE OF-NEW YORK STOCK MARKET
Op*u|HI*i|Lew)jCI’i
Atlan...
American Suj:ur Hellning...
Ann In
American Loc
do pn’fcrmi,
• i" I’M 1’imi.
American Smcltlug Refining
.1.. prefer rot I
Atchison
do preferred *
Am<-rlran ('otton Oil
IlalUmora and Ohio
Brooklyn Rapid Transit.,
idinn
cl He.
and Northwestern
.enke nml Ohio
do ftiel and
Central Lent her....;'...».
•lo preferretl
t'hlcugo a in I Great Western
Chicago, Milwaukee and Ht. P»ul
Drlawnrc nml IIn Non
Distiller's Hccurltlf*.....
da nreferred
icrnl Klectrlc
Illinois
tmerienn Ice Stcmltiee
.outavlllo and NrhIivIUc....
Mexican Central
Missouri I'ni’ifle
New York. Ontncio and Western
National Lend
NWthcrn raelfic ’. •••••••
New York Central
Norfolk and Western.
.'reused stool Car *
do. preferred....*.**••• a.*..*...*..-.
Parffle Midi
Itcndlnj;
Repilhlic Steel.....*..
Rock Island ...»
do. preferred...
United States Rubber.
do. preferretl
Southern Pacific.
Southern Knllway....................... t ...
do. preferrod...
Slow* 'Sheffield
Tennessee Coni, and Iron.
Texas nnd 1’aclflc.
Union Pacific
United States Steel
do. preferred
Virginia-Carolina Chemical
do. preferred
Western Union... a
Wabash
da preferred.......
Wisconsin Central
do. preferred
RANGE OF THE COTTON MARKET
AT NEW YORK.
10.3 10.16 10.» 10.23-21 10.17-
10.23,10.20 10.2 10.2.131 10.20-:
lent .10.29 lo.wi 10.20 ins io.imij
let ,109 10.41 10.2S 11.10 10.4' 11 1U.S
in. :ta29 10.B1 10.20 10 3* 10.4042 10.KE
.tee. .10.22 10.13 1032 10.14 10.«H» 10.0-33
Jen. .10.37 10.6) 1 • 37 10.60 10.19-60 10.16
Ktb. .10.46 10.40 10.10 10.44 10.M-M 10.»-40
Mvh. ,10.4*1 10.69 10.46 10.69 10.6849 10.46-48
TIPS FLASHED
From Wall Street.
..... York. July 10,-Danlol Odell & Cn.
IV. do not feel Justified In tnklnB any
position other thon thnt thin I* e trading
market with n tondenry toward spei lally
nml Irregular Improvement, and Innt t
nhould be bought for taran, nt least on nil
reaetlonn with the Indhldusl Ppnitton. fo|.
loweit elorely to be In necord with pro
fessional operation, which commute the
beat guld, now.”
Marshall, Spader A Co.:
lack of new A which could ho oTumrBI
nOuenrn Ihl. morning, In n feature of tb«
news colamnn and comment. It would HP
near thnt Iretwnea the henvlaea* of Ixm
ilon nnd dlncurelon, uf tho monetary ill
luntlon, yesterday’s mnrket Leoiime a din-
npolntmcnt to Intercuts working for an
uuvnuce, nnd tho nh«enc# of outelde nuth
port bocamo too obvlonn to be disregarded.
The luinke have lost tl.SLOOO throosh sob-
■eesnry operations sine* rridsy. fhe re-
marie attributed to Mr. Itogera In Tho
Herald thin morning retlect tho attitude of
these Interest* ss lit 11 can bo Judged
from .took msrkot trading tar soms tiioe
pn«t, nnd nlso the nttltudn of miny other
lending groups, If w# ar. to Judge Mr the
action of th" m*tket.*!ene l he question
now Is, are fandamemnis strongenougbto
off ret the ladaenre, saggNtadj* OWThoj
long will It take to wear off th, wITwct of
tbl. Invasion of condd.nest
Uptown reotlment: In-splte of tb* favor-
nldo l.uilnesi conditions throashoat th.
country and th. proapect ofat JeaHt .v.r-
eta croDA man who are watching the mar*
k.t eloHeiy hare an Inclined to bell.v*
that It will ho attractive only to traders
for some little Mat*. While It l« «tlll pr»-
dlcted that price, sr# going very much
lower, the prevailing opinion I, that the
fliii'tuntion'i will not be wide Id either
direction, end thnt aale.s some new ad-
verae factor dovelopa, la* tendency will
toward gradual Improvement,
Government report thl, afternoon aspect
1 to he ballleb on etockl.
Preae repreeenUtlve [It. Paul has made
30,009.000. loan In Paris.
Sentiment somewhat mixed, market la
SS& f a're
only, but will unUoubtedly extend
•bould bear preaaura beccma too pro-
Bounced.
Market la under profe
Z?d“i.mmore sid r OWo
Vlacnmte Henri jrarl* d* Andre*, a
balloon enthusiast from Paris, who la
travallng In this country, has Ideas
about dressing. He hold* that In a few
year* men will ba wearing bright-col
ored evening clothe*. He has begun
th* reformation by appearing In gray
brown after « o’clock.
AT NEW ORLEANS.
The following Is tbs range In cotton
futures In Xew Orleans tariayr
Last _ Previous
Open. High. low* Hale. Close. Chute.
July aISm ll.lt 10.97 11.04 11.0447
Aug. .10.17 10.8 10.07 1060
Kept .10.8.10.8 10.45 10.8
Oct. .10.3 10.26 10.3 10.3 20.:
10.3444 10.23.26
.10.24 10.27 10.24 10.3 10.340 10.24-3
.10.11 10.8 10.21 10.40 10.4042 10.M42
Met)’, iib’.ii 1062 10.45 1062 10.
(Moicd steady.
NOTES ON GRAIN
Pointers on Provisions.
Private Wire to Were A I-elnnd.
. C’hlrago. July 18.—Cecil cal.** of wheat
by til** country yesterday totnlh'd about
1.600,ow) hukhcla. one proud
bought more wheat on bids y.
ever before Id lie rx(M>rieuce. The decline
of 6c per bushel, Inatced of oheetlDg the
ttirerlnga, la Increnalng thorn. Hpeculatore
will be uoable to support priors untd
..Corn support Is roufined to local trailer*.
With present outkwk It seems dang
to be bulling May at 60c.
Chicago. July 1 a.-Record-Herald: "Local
export houses claimed last night that bid
on both hard wloter nnd soft winter when
were about 1H« Imlow orilern* r\tvrt t th.
ralue in the eoathweat having astsed th.
chief owners of wheat to withdraw the
nrcsRuro to some extent. Those exprrtero.
hnwever, bnlloved that flour was being
steadily worked far export, as freight r r
- the flour miller u dlstloct ml\nu
no of the lnrgest huyors of cash w
from country shi|>i>crs pretilrte that __
rago will receive more wheat this mouth
than Id any prertoue July Id Its history.
Another large buyer here preiiirted that
there would ho as high ns 800 care here
some dny next week.
"President James 1‘ettitt, of the Peavy
(jraln Company, bad roporu from tin*
northwest thnt there wae nothing of eq
unfavorable sort thnt would affect general
results In thnt section; also from Winnipeg
that crop conditions could hardly bo
proved upon."
Chicago, July 10.
tloues to bo depresse.l by weight of
now crop movement with millers nnd
porters disposed to bold off ao long as _
cllne, conjlnnea. Any little hull news to
.dy prices wouhl show thn situation
~ healthy one; and b
tako hold fryely.
Chicago .Intar-Ocaaot The government
crop report Is due at l o'clock Chicago time
oday. It Is expected to show Tittle change
n winter wheat, a loss of 3 to 8 points
n spring wheat nml 1 to 2 r
nst month.
The first report on corn this season will
B (?!•* ™*L It Is expected to show a
mention between 86.1 nml 87, nml nn
« cr *«R« over 06.080.000. Lest year tho
S.TOD.OOO bushels in Inal retarns, the con
dition Improving to 89.3 In Oetolief.
Aj^port on farm reserves no wheat July
will represent 46,000,0
Spring
Total crop..
Oata
June, June,
19*1. 19*.
t..63 86.6
...93 93.7
July.
P**.
L’ 7
H08.
4I7.onn,ooo
384.000,000
M 13.0 93.1
COTTON SEED OIL MARKET.
New York,, July 10.—The market for cot
ton seed oil was quiet during tho early
trading yesterday, with oome strength In
Jnly, which showed an adirnneo of He
from lest week. The late positions were
about unchanged with the undertone Arm.
There seemed to be very little spot oil
offered. The demand for export showed
•omo Improvement and 4 the strength In lard
hail a stimulating effect, but some traders
still hold n bearish view of the situation
on account of the favorable prospects for
the cotton crop. The market at tha close
way quiet with prices unchanged to Me
higher.—Ware * LeUnd.
Opi
Jnly m
Gjenlni
August .,................ r;
September 37<
Close.
atendy.
Cash sales of wheat In Chicago were
f,000 bushels, Including 46,000 buahels No.
hard nt 2e under July In ators. 10,000
hnshels No. 1 northern at 3c over Heptem-
her" In store and 10.000 No. 3 red at 2c
over Kept cm tier f. o. h.
Holes of corn were 100.000 bushels and
onta 80,000. A little export business in
Whaat was closed In Duluth nml Kansas
City, hut the details were wlthbekdTi^H
The seaboard i
tera wero inmlo
liiiffnln,
"Husain will ratio mw uuMiiris
wheat this year," snld a cable from an
Odessa correspondent of Watson A Co.,
of Minneapolis, f * - - * - ■
Inquiry nh.iut tho
onto n Pm
year.
0,000 corn nt lHc to
700,000.000 buslTMa
1 n cable from nn
pononu of Watson A Co..
l It camo In reply to nu
the crop. The figures indl-
44.000.0u0 bushel# from last
OPENED STEADY
TO SHADE STRONGER
ORDERS TO BUY CAME FROM
ALL DIRECTIONS.
Due to Dry Weather, Light Re
ceipts and Better
Cables.
11/ Trlvst. T-asted TYIra,
‘ til- iK". J11!> l n - Tha *nv*rnm*nt
July raport Indlaatas a tvliont crop of
27t,000 I 0«0 nprlnn nnd 431,000,000 nln-
tar or a total of 710,000,000 hunhtln;
com 5.465,000 and onta 314,000,000 bu.ti-
els.
Condition of nprlnxr wheat wo* 91.4
nnd winter wheat S6.6.
Com 17.6 and onta 84.
A month neo eprlmt wheat wa* 92.4,
winter whaat wns 12.7 and oats 36.
Whaat cloned l-496-2c lower: enm
401 -Ic lower, nnd ontn 1-Jc lower to
unchanged.
Provl.lona were hl*her—pork 171-30
20c, lard lOo nnd rlbn 7 1-lc.
Cnnh noire at Chicago, 10.0p0 No. 1
red winter wheat at 2-4e over Haptam-
ber In ator*: 6.000 No. 2 hard, 26,000
com and 18,000 oats.
Locan & Bryan eald: “It look* ae If
th* Northwest wa* shifting lta nhort
September wheat over to December, as
that section has bouffht September and
sold Dacembor whaat.”
CHICAGO GRAIN MARKET.
Th.fJrteMO grain market ranged •• fol-
lows today:
Opening Prerlone
Range. Close. Cloe*«.
. I _
49H
97%
.M'S
82^
17.«7»4
17.17V*
14.V5
GOVERNMENT REPORT ON GRAIN.
Condition of winter wheat 68.8; laat year
... — whMt ,j, t ,., r — k.
lett yeer 27.1.
THE SUGAR MARKET.
WHEAT-
" 77’J Tv' 77't 77^
<Wx- ** W
li* 1
i nly.’ 17.71 U.60 17.3 l«.6n
apt- ■ 17.65 17.2214 17.4214
J | A ) ,-j4.3 15.06 14.3 14.97H
m a* m
*»*#. • lut.i ...... e.62'2 9.6T,
Kept. . 0.4^ 9.62'4 9.47‘i 9.50 9.42H
Oct... 9,rrg U.27Vs 9.3 9.3
CASH Will?AT— a
No. 2 fed wheat 78V4H79: No. 8 red 7<4W>
7%; No. 3 herd TSWfrTI: No. 2 hard TlttTd;
No. 2 northern spring 79GUV&.
NORTHWEST CARSo
The following figures give the northwest
ears today, lost week and last year:
Lost Last
... „ Today. Week. Year.
Minneapolis l. r .4 144 jji
Duluth »..*4**e*4*e,6,, 76 92 |S
Chicago 169 u 77
8.96
v,
9.10
S :<7' a
9.12V*
9.15
PRIMARY MOVEMENT.
, .. ■ r d raw
angar inarkota atendy and unehnnged. Ten
don heot market steady; July ta IVfcd, and
Auguat 8a 4V|d.
THE METAL MARKET.
;y Private Lense.1 Wire.
New York. July 10.—At the metal •
change copper was reduced Mk* In the ask-
“ electrolytic. Utbar grade#
Tin* down %e further for a pot and nearby
THE DRY GOOD8 MARKET.
July 10.—A general Improved
ormltlou waa nvldent In the dry gooila
S iarket today. Fall dress gt»ods buyers are
ore In largo numbers, nnd their operations
NEW YORK COFFEE MARKET.
Following Is given the opening and closing
quotations of the New York coffee market
today:
Opening. (Moelng.
M IKS
March ; AMS
April A*-«.« 8 8M.W
May 6,96-7.or) 19X86
Jnne 7.00 LD mr. 7.-o
■ulj v g V y.
eptember AIOAI
'ctober A408.<
oveniber fl.4.Vfl.(
>ecemher AD6-6.I
PI
before long.
The following
Wll<
efpfe W«.«s
giro the primary
corn today;
fui«hef„, ngntnst
/«!
OH
Wheat— lb
I' lilHt vnr. RlllpiU.MifR. rc.l,"") imaht’lR,
(ignliiMt 272.0^0 In Hi lynr.
jSffi—HerelptR. 843.000 hoi'
740,<r>0 bnabeln Inat year; ship
agplnst 814,000 last year.
CHICAGO CAR LOTS.
Today, Tomorrow.
169 111
421 JOT
LIVERPOOL GRAIN MARKET.
Whent opened *4 lower; 1:80 p. rn.. un«
chunaeit to Vi lower; cloned V* to Vi lower,
Corn opened «* l«4war; 1 80 p. m.. S to V4
higher; closed V4 lower to , ]| higher.
ATLANTA NATIONAL BANK
ATLANTA, GA
A40-8.fi
A4AAF
A6A8.«
SOUTHERN EXCHANGE
Oldest Establlahed Office South.
COTTON STOCKS BONDS CRAIN
Ground Floor Gould Dulldlng. Dally
market letter nnd mnrket mnnunl
rnnlta-l "" -I':
C. E. CURRIER, President. A. B, THORNTON, Vloe-P
H. T. INMAN, vlce-Prealdent. GEO. R. DONOVAN, Cnetilir.
JAME, 8. PLOYO, Aen't Oaehler.
Capital /. $500,040.00
Surplus and Undivided Profits $500,000.00
* We Solicit Your Patronage.
L. J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, GRAIN
ComspoRdtDl's Capital $250,000
ncrcncNCC, the ncal bank
PHONK 1417. PRUDCNTIAL BLDG
HUBBARD BROS & CO., Sn
Atlanta Offices, 219*321 Century Building.
Members New York Cotton Exchange, New Or
leans Cotton Exchang-e. Liverpool Cotton Asso
ciation. Chicago Hoard of Trade, New York Cof
fee Exchange, New York Produce Exchange.
Business solicited for the above exchanges.
Direct wire service. Correspondence Invited.
Phones 454, Long Distance 39. A.S. Hustace. Mgr.
COTTON^G^Am, ^ROVIsfobTsSTOCK^BONDS,
fffi 2 Wall 51., Ptlttt Building, Allteft. Ca.
far Yerl C#ff« fitfcMjr.
Nan Orlaan Cation lnhaago.
Lltoroool Collaa Allocation
hlvata Wires to New York, Now Orleant, Chicago.
Chicago Board at Trado.
‘ ~totk Lukaago.
Collaa hekange.
PIEDMONT BROKERAGE CO.,
(Ineorporeted.) Basement Floor Piedmont Hotel.
STOCKS, BONDS, GSAIN, PROVIfilONfi. INVKSTMCNTS,
Fast Wire 8ervice from New York( New Orleane« Chicago.
CONRCSPONOCNTS
M. J. SACK A CO. 42 BSOAOWAY. NEW YOSK.
lOW. HOTIf. Manager. Local and Long O ilmen Bril Phine 1591.
WM. L. PEEL. Preeldent.
ROUT. r. MADDOX. Vlee-Prea.
T1108. J. PEE PLEA,
JAS. G. LESTER,
MADD0X-RUCKER BANKING CO.
$200,000.00
$500,000.00
CAPITAL
SURPLUS AND PROFITS . .
ACCOUNTS INVITED
We invito accounts of individual*, corporation?, banks
and bankers and offer the best terms consistent with
conservative banking.
In our Bavin*. Departm-nt wa allow Internet at the Rata af 3 1-2 per
cant. Compounded Semi-Annually.