The Atlanta Georgian. (Atlanta, GA.) 1906-1907, July 12, 1906, Image 11

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ATLANTA fUTtSDAY, JTT.Y 12, edited by JOSEPH B. LIVELY! L * ^" *"N \!r. Llfoly'* 25 y**r** ?Ip*rl*tl THE GEORGIAN’S RECORD OF MARKETS AND FINANCE JSSSSSSSS: SNAP IS LACKING IN COTTON MARKET NEWS AND GOSSIP Of tho Fleecy Staple. CROP IS REPORTED IN EX CELLENT CONDITION. Trade Waiting for Something Definite on Which to Make Ventures. Th* cotton m&rkct today wns uninterest • nr irltb price chnngoa cotaring n narrow Hn'n, Trading was dull, though prto* wore steady at a slight mpmrsmcnt at ■lddaj. altar opening 3 to 8 points lower. Tbe only Influence of note was thejtwi fram the cron, which was generally ra- norted In excellent condition lu MIsHlrsIpul to Alabamn. while excessive moisture la complained of In Georgia and the Caro- Hn«P. causing deterioration. A big crop la predicted, provided nothing ■ora serious happens to the crop ‘than already reported, hence traders are waiting for a chaage In conditions before making ventures on either sldo of the account. Extreme dullness Is the result. The New York Commercial. In Its re view of the cotton market last Tuesday, ^Tbe bulla made on cfTort Tuesday. H was a more aggressive move thnu tin ■srket has seen for some time, and seeme* to he the result of careful organization. The foundation of the advance wblrh oc curred waa laid Monday. It seemed that at a given algnal there was a change In sentiment on the part of certain leading houses which have been vary bearish for some time, and at the earn* time they began to talk tralllth—reserving the ex- sianatioti that conditions have not changed sad are only bullish for "a turn.” There iris nothing unfavorable In the newt- from the belt, except the fact that certain loafs were trying to create thu Impression that there has beeu so much rain lu tho eastern part of the belt during the last few days that It baa dona damage. ■ -The bears made no effort at all Vheck the advance, and the bulls had thl pretty much, their own wak during rMt of the day. It was only during the last hour, however, that there waa any ■urlng that looked like frightened abort ttprcrlng, but that came from the floor traders. The southern shorts did little or ■■■coveting.” Hr Private Leased Wire. ■ cables, first prices being steady at a decline of 3 td 4 potato. There seemed t,» I* a number of shorts ready to cover nnd they were evidently Influenced by the rontlnued mins In eastern and western sections of the belt, where the crop said to be getting weedy. SPOT COTTON MARKET. Atlanta-Steady. 10%. 4 _ Steady. 10%. Near York-Quiet, 10.W. >«na-qulet Liverpool- .. Augusts—Steady. 11' 8t. Louls-Hteat Savannah im a* LIVERPOOL COTTON MARKET. Liverpool, July 12, 12:11 p. tn.—Cotton, spot dull, with prices easier; middling uplands MO; sales 4,000; American *,700; specula* tlon sad export 1,000; receipts 1,000; Amer* none. Futures opened easier. \ Opening Prarlo lunge. Cloee. Cloe July M44.ll Ml MS . . . . ,5.7*4.77 l.r JulyAuj August Sept... . ...5,714.70 Sept. Oct MS4.fl Oct.-Nov 5.414.00 1.7*4.74 6.67 Ci 5.62 5.63 II (V Nov.-hec. .... ..5.60 6.00 1 tec.-Jan 5.60 6.60 Jan.-Feb 5.014.60 5.61 - . _ Fehruary-Marrb; 5.6* ft.644.tt March April ft.644.C3 ft.644.tt MT Closed steady. TODAY'S PORT RECe7pT8. The following tablo shows receipts at tbs New Orleans (ialvcstuu Mobile Sarsniish Hunieston Wilmington Norfolk Baltimore New York !2l 445 tt MB 2441 INTERIOR MOVEMENT. GIBERT d CLAY'S DAILY COTTON LETTER N.w Orleans. July 1:.—Option, In Liver- j<»)l «.Tf lower by 5 point, pom the pre- -l*r'a rlooa, which loa* fci vxluea c* Wm .ivotiutr.) fnr by the unfavorable newt iMt Hie Ko.tern market furnlahed. and •I*, l.y the aatlafaetor|r crop report*. Spot Me, o.re 4,000 bald. at a loan of 6 poliita. The slight Improremnt In today a *«.lon eonld Im atti 1 ‘ 1 "I n few con ■ ' " Atlantic i recent h •• yet aaeumed aerloua eno ... , '"wr I-VNUIUOD. . portions of tba aaatarn belt, our Jdvli-M from tha Interior art exceedlr ~ Jittering. especially from Mlsslssl on the whole. rally admitted to be the b }' '• reearally weeded that g -■ pr ~ ?, .£Surrw2i r s%* o wSff .1,. . H *vv, IUB TAVTI •beady made would ahow a material Im- 5J««I aad encountfe bearish opera- Vork. July 11—Today's market waa •nerueou. ft would sow appear, at tag- In jeataeday's rabies. that coadltloaa '’ li.rop, an not aaaured aad that the ■JJdan attaatioa la atlll raving (rare JMeern to Brauriera. Itealde. which, the hr Kagltsh operator! la Booth Af- {2L* “keraa hat becnata a matter of mraveot SiSSSt !*r not Im favors Me. and further ndvleea ‘broad concerning Hu,,tan affairs aad '•«« of roadlttoaa ruling to that rooa- Private Wire to Glbert & Hit. New York. July 12.—Liverpool opened to 3 down. It wns expected to be 1 down. Liverpool cables: "Market affected favorably by poor reports from New York, and favorable crop accounts restrain trado from buying.” Wilson Is a steady seller of December at The Journal of Commerce says: “The large Influx of buyers and JohMag repre sentatives Is augmented by dally arrivals, and their oncratlnns are beginning to bo characterized with Basra fra adorn which huB its effect In a stronger nnd more con fident tone displayed by sellers In all dl*-, visions of the market. iMcachM goods are In a strong and constantly Improving con dition. Buyers, recognizing that vary tie provision would be made for dupl business nml profiting by their expert _ In deliveries lost year, mado their original orders a little larger than usual, and mado an effort to get them placed early. leans, July. 12.—The map Is v«i rainfall being chiefly confined i rn be|t. The Atlantic* show bt moisture/mostly along the coast at light In character. , Wilmington, -Al and Jacksonville being um only i affected. irket present* xeeedlngly dull hade lower owl N>w Orleans, wet, th*» rnf * the western little very gusta points affected. Jllarket presenti^u^ne^fMiture^imL U exceedingly dull and quiet. Prices are lower owing to the comparative! ather tonight and wnten nave resuitfM ror bowers at Irregular In- practlcally nominal little difference In the son of the year, normal conditions.' 2»' ntcra and cotton people generally report crop condition In Texas best In history for the tnftnth of July. Such perfect condition now exists that any change whatever In condition must b^rountl^i Halation tl rty fields where the pU toward di _ jotkn mat. K __ dried out In spots. This drying out la il, but so much of It la ap- nothlue unusual nearing that plantain are becoming appre- heaelve. Beaaouable rain, will lend fo cheek the drain, somewhat, but will alto lend to develop the -Texas bu, bear'—the (■oil weevil. The boll weevil ha, mad, Ita anpesranco In central and southwestern Te«aa._.and wll| ihprtlj I'orti port! HUBBARD BROS.’COTTON LETTER New York. Jill, 12.—The dullness of ,en- -al Imilneaa anil of speculation continues. The featuro of the market and the cause of pesranco In central and southwestern xaa. nnd will ahortlr make Ita Inllnenre t. Hear/ rains In Itallas anil extending -tr mllav south recently. This la the rtlon where the rain la needed." tha sborF Intercut, on tie fear of txcciialva ralna In the Atlantic atatea. Excepting this, the market lacks Interest, and gen eral bnrlng has not yet appeared, though the trade la cajoled by boll literature sent about for Interested purposes. WARE A LELAND'8 DAILY COTTON LETTER N«w York, July 11—For the tint time In some weeks, the cotton market showed signs of genuine uneasiness on the part of aborts. From the opening tbore waa liberal buying of cotton by broken Identi fied with bouses known to be abort of tho market. Thla covering ticraine more urgent as tke day wore on, and there waa more cotton taken from the market than has been the case for many weeks. Thla wan started by the heavy rains In the At lantic atatea and the general feeling that h rain for the plant. many sections of Georgia and the t'arollnae Indicate that the ilant la not doing as wad aa beretofoac. Vhen the big crop waa made two years ago. the August condition waa orer ,1. Thla la not likely to be reached within eight or ten Point, thla year, and the rom- t arisen la likely tn he In mind for the ext few weeks. Under the clrenmatanera there aeems to bo nothing upon which to sell cotton abort and the nerrouiliesa among certain aborts may lead to a further sharp adraaca. The market had a different ap pearance today, and the way cotton waa taken out of the market suggeatad unfav orable private reports that may cad In more actlTe trading. GLOOMY VIEW OF THE SITUATION Itanlel Odell k Co. wire (illrfrt * Clay AVe believe the stock market la MARKET WAS FULL OF SELLING ORDERS WAS UNDER PRESSURE DUR ING FIRST HOUR. One of Leading Stock Exchange Houses Said Market Is Defenseless. any Hy Private Looted Wire. New York, July U.—Without reason other titan the familiar one of large speculators In a position where they whre forced to sell, stocks went down again sharply this morning. There waa a good deal Of pressure, to be sure, from bearltdi sources, nnd not a title part of tho offerings were stock put out In short contracts. Liquids* ‘ .,]*:* l t 11 >lu thl-, u us u M -,' l< — 11. ■ 11 — ably greater thnn It ha» been at nny time In a fortnight. What the market showed particularly waa that specula tive Interests associated In jxmt.s were obliged to lighten their holdings, or where, not doing thla, were at least unwilling to rlak extending any more aupiHirt. In the minor Industrials, where the pools have the market pret* Hr much to themselves, the declines re quite violent, such Issues as Rub ber, Central Leather, Republic Steel and Distillers* Securities, literally crum bling away. In the standard stocks there was the usual buying on a scale- down, but the selling during the first two hours was all the time In excess of thla demand and at the low level prices came very dose to their previous low points .of tha year. The stock market opened under con siderable pressure and the Initial prices showed loeaea ranging from 1-4 to X per cent. The sharpest break was In Reading, down 1 mint, St. Paul off 1-4 and Atchison oft 1-3. Anaconda was a point lower and Amalgamated 1-4. Gains of 1-4 were made tn Penn- sylvanli ait and After the opening trading the mar ket steadied eomewhat and the early losses were partially recovered. The market was full of selling ord ers at the opening and pressure con tinued In a number ot Issues during the greater part of the first hour. One of the leading stock exchange houses In commenting on the situation sold the market waa defenseless. At tha end of the flfat hour some support appeared, accompanied by covering movement, on which prices Iliad,- nod, ral,. liillicM tiniii tin- evloua range. Arbltrago brokers heri >ught about 10,000 shares for Lon don account. Governments unchanged. Other bonds lower. RANGE OF NEW YORK STOCK MARKET Anierl'-an ftugi r Iteflnlng American I.on motive American SmHilnc lteilnlii£... do preferred AtchiSon do preferred America u Cotton Oil H it!li,mill nil! Itr.M.klvu ICjipi*I li.!-!' Canadian I*arifle Chicago nnd NorthVMflini ClifHiipeitke nml Ohio Colorado Fuel and Irou • • nfml l.enlher i! ■ pii l* ri.-d Chicago an Chicago. M Delaware mid llodaoi blHtlller'K Securities. Krle do meforred General KlwtrJc..,.., Illinois Cent: merlcan Wes fern j m'/raui::::::;:; IsOUlSTlIIe Meilran < Missouri 1' terurltlea............ jaslrvlUe New York. Ontario and Western National Lend * ..a...*..a, Northern l*nelite New York Central Norfolk nnd Western. ’ennHylrnnln •••oplo's (in* a. Pressed Steel Car.. - do. preferred Pacific Mail a - Reading Republic Steel ••»*•••• Rock Island do. preferred... United fetate* Rubber* do. preferred Southern Pnrlfic Southern Rallwaj do preferred.. SItaaa-Shefflel.l Tennessee Coal and Iron ••••■ Texas nnd 1‘artfl*.... l'nloii Pacific. * * 1 lilted Stairs Steel.... do. preferred...,, •‘‘rainla-Cnrollna Chemical do. prefarroa Western Union......... Wahtah do. Wisconsin Central TotaV r §fockTsaleii ’toda'il *545,506'shares. MFS: W3K RANGE OF THE COTTON MARKET AT NEW YORK. LONDON 8T0CK MARKET. u de- -l-lr. •etna itlre miiromia ana other corporations need money for extensions and Improrrtnenta which they are tjnable to gst, and we understand that wxne of them may to give up eonteraplateil expenditure* I there should be a change In that of • bull market In the face or aura ron- dlthms. aa we feel now we would rather •ell on budgea than buy •tocka.” STOCKS REVIEWED BY NEW YORK SUN Now Tork, Jnly It—Tho Him ray.: ••Price. »t tho oncnlpg were practically n“ changed from TuciAaj'a cloolng. hnt In short time hardened very perceptibly tinder Mtncwhat rlgorou. buying of two or three leading railway .here* and upon the gen eral and unquestionably sound notion that Tuesday's government crop report wag a v.ry favorable dominant front a Unanelal point of view. Tke atorka In which SgTTJtftorilKgpldft a^yrraVR ere preferred aka res. In the rage of llrat namad tho buying wag accomnai by renewed remorai that the «t I’aul e piny's plan of ralslo* money for Its Mac coast extension was about to be - ild surely he auch ~ . Paul share- forth' J3 Sac nouneed. and that it woul as to extend to the rilatla holders retremaly valuable auheerlptlon rights to a bow stock Irene. But after a little time the upward movement • topped •"AVe^mWlnSrM" ass iss'n'&mx wssssi ti me, whleh caused net loeaea, running above a point ,ao,t Inatanere. to he ^Mtrtt at the Here of the day In the prim cl pal ateeka. Aa especially share Iwrak In Colorado Fuel stork was perhaps the feature of the afternoon dealing*. —Glbert ‘ Clay. this last try on foreign honraes. We have pending molts of the St. Paul announcement on inetatlplaas ' Sto/SSsLs.rtlrh. itt hare a good effect i the market. ihlah the .beet ^i^a Ih^mpecred^wool, : on the stock n '* «• ALABAMA BT. GIBERT & CLAY iVWX "Sa?2: corrcc. provision* ATLANTA. OA. MCMBCRBi J”* •*«>« ffxeh.nga.INew Orlean. Cottoo K^2tlSJ5!rat!S5*re*il2IriJ'ttaB L ***l and Long Dl.Un.a T.ltphon."5298,’ L W. R. FAGAN, Manaaar. STOCK- Anaconda Atchlaon.. Chicago, Mil. and 8L P Brie do, pr*f Illinois Central.. . 'Tew York Central.. cnuaylranla Reeding Rock Island.... Southern PncIBc Southern Railway Union Pa cl 8c United States Steel.. .. do, preferred Wabash do preferred ork today: Last Previous Open. Illch. lav. Halo Clo*e. Close. Jnly .1012 10.23 10.12 10.25 10.25.2} 10.2J.22 Aug. .10.21 10.J1 1(1.30 10.J1 10.J011 lO.ga -i 3? lo.ao w.«7 lo.ts-w tRa r i 42 I0..T2 10.12 10.42 19.17 Sf :ie ^ *?■“ “ lowS 18:52 Meh. '.ifcM ..... 10.81 1981-82 106887 Closed very stondy. AT NEW ORLEAN8. Open. Risk. Low- Isle. Close. ■( ..... ills !1:S io°:S 11:81 11:^ W Sept .10.42 1948 10.42 1948 191082 1944 ' Oct. .10.28 1987 1918 1918 191887 19*U ii M rn !JS il Dec. .R29 1940 1910 19M 191 Jan. .1942 1946 1942 1941 10.4 Feh .... 10.8 M cios«i - ateady.‘ TIPS FLASHED From Wall Street WALL STREET BULLS LESSEN THEIR LOAD New York. July 12.—The Sun says: ''Wall street linlla. It appear*, got rid of ...m. of their toad, saddling It on some new Ger man bulla, according to common report Ilut. gable from Ibis, after Tuesday's soul Burry, tho markgt settled down to tho oM monotonous pace. Nothing occurred to cauao any marked change la price. Most people are waiting for more light on the erop situation. Aa naual, the re|iorl. In regard to this abaorMug topic rut both ways. In the main, It la favorable, or seems to ^■^^ramraate^tlook east of tba Mlu- pi la not quite so good as coaid he d. A goad many arid* In Georgia is Carolina, are raid to bo greasy. The In many localities I. also raid, to In be so, lint the oUtl ■tarippl Is not deal red. and the plant In many localities la also said, avail. Mlaalralppl newts rain, according to the government report; so does Alabama and northern Texas, It aeems. All tld* I. sufficient to make leopb- hesitate. Ib-nra are nauieroua who bellere Unit the outlook polnta to a big crop, bnt they also know that much may happen In July aad August to change that outlook. Therefore, they do little lint wait for events. Some of this Interest represented by Korden k Co. have covered freely within the last two days. Meantime, European buyers are raid to buying on a rather liberal actio at south and southern spot markets, ara firm. Leading spot Interests, It appears, bought here to some extent. I2varp.nl rant sell ing orders on u liberal scale, ilut Ik. list less character of the trading, so far «■ most cotton prcpl. ire concerned, make. New Orleans July 12.—The Tlmee-Demo- ■rat: "The talent got the linpreralou that lJuly longs were willing to liquidate around the present price level, and the fact that I some of tho proferalooal Interest In that po- while, prlvato advlere from Georgia and South Carolina came along to the effect that crop damage following careware rain- — >t*d. — —l.-. fall had Iwen exaggeral of It. only factor of current luterest, ye., terday'a cotton market probably broke the modern record for duflnea*. Should no crop acar* develop, ami tho Jnly corner bring no pyrotechnics lato play, the mat ing deadlock will, doabtlsaaf got be broken for nevcral weeks."—Wire k Letand. COTTON 3EED OIL MARKET. New York. July 12.- the market for rt n awd sti was mnderattly nctlve. with prices tlrm nml gisel speculative aupport. Stocks of oil afo small, aud there we. . ' domestic coaramntlrc demand, with little baalaraa doing for export. This icr with the urmaera la lard product*, t *tlmalatlng effect aa value*, and waa lltU. dlapoaltloa to aril lb* positions, notwithstanding the fact that crop prospect* are I Wight. Bulla take a very arm view of tho aitugUoo. and pre dict higher prices hut aside from the near fte-rs.Vt-KT ,o - lower to He higher.—Ware k July August September ■ let nlier * Ml i£3K S* t.'lowd steady. THE METAL MARKET. New Wire. ,e. aad easting Mr today. Tin teas off V I* the asking price, al though ..ff. rii.es a.|vaure.| <4r. lead heavy at I polnta deellaa. bo- Iter dull aud use hinged. ,%ew torK, July lx.—i.nuici viucu & v-m; “New Ibinblntlon hna been startl'd, ncrord- Ing to reports revetted toward Wednesday's close, and-may continue today, but It will he taken on n scnlc-dowp by largo Inter ests and wbllo the professionals may at tempt ralda on the money situation and outlook for an unfavorable bank state ment, w. do not think roach wilt ho ac complished, nnd continue to advocate tho obrarvaico of th. trading position for scalps, with Individual altuallons closely notcl fnr sales or purchases nt the time. We understand the llqublatl _ started yeaterday through a sudden railing of loaaa, bouribly to car# fnr aomn extra ordinary features necessitating a trans fer and renewal." Marshall, Spader A Co.: "Th* market will, doubtlms drag lower, and until some Indications regarding the monetary situa tion turning for tlm batter .ball derelnp. w„ can not expect *r»o tbn wonderful fundamentals to work on sentiment." Uptown Sentiment: Men Who are observ ing tha market closely my Hint they do not sec any Indication of a change In the Immediate future In conditions which are now regarded a. th. controlling factor. They look for th. m.rkct to cpnUps* dull end uninteresting, but ere Inclined to ho- ll.ro that th. tendency will h. upward rath.r than downward. r^MyT^umh.-*-. London slightly blgta.r. rrofraalonala atlll hrarlah, despite rasy call mpu*y and Indications of Inag time loans cheapening. In fact, anything In the woy of goal usws falls Bat, amP selllnc on.rations, and encouraged through a lack of aupport from tanking 1st the abort Interest In hoar; In ami which B I Inturrat In hrary, Btot 7RiacS!ry"7rid up“‘ •" aad Iron, Rallies likely to ippwr at time., but are vary deceptive, end would ooly^ fa- S ot taking on the good stock, on riwrp rraks. for It I. a trader*' market, with a downward tendency. r?r.« contraction la activity, ■ for 8te*l« and Cop- Bellera 81. Panl a pun-bat. on drlvra, as buying I. vttr good, Dow Jone.' summary: American stock. In London Irregular, mostly rather above parity. Bank of England rata unchanged. at auocUtlon'a meeting neat week. Good demand for stock, lu loan crowd. ' ^Production of pig Iron atlll falling b»- Ten roads for Brat week of Jnly .bow nverago gross lucrcara of 13.64 per cent. London oxpwts N.w York will tako u pert of bar gold offering there next weak. Mosey working satire here and abroad. before tba en Twelre ladnetiiats declined .N per eent NOTES ON GRAIN Pointers on Provisions. Private Wire to Glbert k Clay. tThlcatn, July 12.—Wheat cahWd are up only a fun In response to orer a cent S ince. Think l.ral trader* went home I.OOI. for s ■'..ntlimntb.ii of llbcrnl ling rales. Think the hull movement at thla time will bs bewt with difficulties Mot weather bulled core yeaterday. and there la more of the ram* weather today through thla state, where damage claim* emanated. Ralna la twenty-four hours would casra thorp break, aa trad* la rather narrow and t.mp«r .ztrem.ly aeualtlye, to oata on tb. soft arw f In and are brat buyers of wheat on ■ley* cash offerings will bra cluck any bull uiuv.iueutl srs May com has had a good break, and be- Jlcy* It la a purchase now; alao, feel friendly to oats Mlnnaanotls wire.: "Rain, over north' wrat amf r.n.d., and thunderstorms pre dicted- W* (at uafavorabl. report, oa th. growing crop that woold7ffec7in.nl re ar ns ttirei .d£h* 11 lu HttMHVnll iui wl. _ Ian not •applied promptly. Most of the com „w«« pl*nted rarly, and It la raring brarlly. It la mealing, and la silk." "Kxportera are doing aoma linslnc tho outside." raid J. F. Jeckras "A K jheWy cenllnuc In do mi from n I* may check declines from time I modern crop of 711.4 ri In fan ng live ci f agrinet 'M.M9009'~iid 'larger In second hands than laat year, Uila country has a large einortabl* surplus In dispose of, and fo facflllal* th* dlapo- eltlon Ilf It. w* must met thu cheeper offerings of other countries” Several reports of blarkrait In wheat .Urmia, or • cmlnrad ttwt dauuqra Imd rt- Prlrato Wlra to Wura *c I^Und. OIIm, of Knnraa I’Ujr. nya: "(loncrol O .a om foutliiru Knnaaa ami OkUboora; nebw In Oklahoma (Itr. A petition la ng circulated anu ng the farmera at —r- •ral polatM In Oklahoma to bold their whwt for Tftc. AccoptBDco* rory muU on Uat nlfht'a blda.” "Acccptancca - i*o inter whrat ycatcnla k he aame tanna na for paat'woek.' One touao bought 135,000 bam winter In Ne- braaka, tbe largMt amount bought at thla ■mbou lu any prcvkiua year. The menl there la earlier, and there will bo a reduction In freight rate* from ereet of the Tbe excellent quality of the Ohio Urey. ■ ••nun v «. with pi Ity, mlllere u AW the cub ilomnml I in Here *«'u 1<* up. At Knuene jought tne offerlnga at %e aihancc, paying 71VktI7I%<* for .No. t hard.” Mlnnonpolte miller* were In the Kaoena Ity tnnrkot, plrkln/r up thi» offiTlngii lu competition with mlflera there. At Mlbn<* •pollSp No. 1 northern brought 2%c orer July, the hfgbret premfame of tbe year. Caah ealea from Chicago yeaterday were 26,000 buabela mixed lota. Coro Mies w«re 116,000* and oata 136, 000, ENGLISH CABLES • BETTER_IN TONE SENTIMENT IN WHEAT WAS GENERALLY BULLISH. Had a Stimulating Effect on All Cereals—Opening Waa Higher. Ily Prtrat* Leased Wire. CJilrago, July 12 -Wheat opened •trady lo shade higher on better tong- Halt cables and together tvitha gcncrnlly bullish sentiment had a stimulating af fect on all c.reals. Tha whast markat has again rul^ higher. Thera hae been a great deal "f ■ veiling up l"dn\. ihc n-.rthweat covaring k big lot ot short wheat here, and aoma of tha large local traders who had covared ahuvt wltcut lorth- wssl war* putting It on rule «r .und 12 here. Acceptan.es were light on re duced Mda of l-4c below ycatertlny’a New York reported foreigner, buyln* wheat there. Tho reaction -x- pariencad ye.t.rday and todny waa only natural and to ba cxpecicL There la nothing In tho sltuniloo to w hlgh.r prices ff Ralna In Nebraska nml scattered with tx nils cooler weather and mure ehmvcra and thundafatorma tor the hlg central valleys tomorrow made a wenk feeling In corn. Hevaral large local ■pcrulatora wc.-e telling, wltllo u few northwratern shorts ware covering. Markat nut a vary large one. Cesli demand poof. On any further sat hack advise purchases. C HICAQO GRAIN MARK ET. Open. High. Tow. Do... CI fz» * t.6 .« Tf... ?! n% "% i 1 69% 8 Hopt. I.Altll - : »m am »:••• ‘."•bail -"■*« ,s "' July. ly^dun NEW YORK COFFEE MARKET. Following la given th* nprnlpg end rlnelng quotations of tho Now York Cuffou mnrkil todayI 8r; "trady. Norcn Dacas SOUTHERN EXCHANGE Oldest Established Office South. COTTON STOCKS BONDS —GRAIN Ground Floor Gould Building. Dally markat letter and markat manual mailed on application. L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, CRAIN Correspondent's Capital $250,000 acrcacNcc. the ncal bank PHONE l4fT. PRUDENTIAL BLOG HUBBARD BROS & CO i Sms Atlanta Offices, 219-221 Century Building. Members New York Cotton Exchange, New Or leans Cotton Exchange, Liverpool Cotton Asso ciation, Chicago Board of Trade, New York Cof fee Exchange, New York Produce Exchange. Dullness'solicited for tbe above exchanges. Direct wire service. Correspondence invited. Phones 458, Long DDtance39. A.S. Htutace. Mgr. Jitf. i*ffw vrirm. COTTON^RAH?, ^ROVIsfe.^i.H^^KS^BONDS, fa 2 Will Si.. Mm fWMkra Ulttli. Ci Hi mitts In r.rk C.ttss firkjsjr. Im Orleans Celite thereto, list's* SdsusMss. hitalt Wires to lew York, lew Orissa,. Cites,s Bell there 12*1 Cites,s It art if Trait. Cites,• Slttk feekssfs. leer York Collet lifkaefe. 2. C COt HI HI. Wee,ter. S'.-Card thane IM, baa beta.very rd sold 128,990 bushels, most- urutn wheat for early fall, 1st* asm- n auil early tummer shipment to the Si llerraneau porta. The trado In this wheat there waa nt^ned up Uat yrar, and atput nt Mlnneepolls last barrels,” save 'I he report "Thh. tilting down July 1. ran below th# output l)e a s-iunl to make, most buy- more .ii.i..—.I thnsi ever to Imstpoiie ■lag dour. With a llttlw nrmnea stioivn by wprat. fra* buying might he atarted." "We have bad our break In wheal." uya a prominent trader. "Tb# market la over- sold and will advaaee etlll further now ■hat th* turn baa come. Corn la a wrath- ler market: #,wy man ran du ht. own gucMlri*. Thrwe who are buying oata, have Tbrir reason.." N.w York wlrra: "Knropa I. lo th. mar ket for durum, raft winter, bard winter, Manitoba and anena Ituluth. There have lew smaller nnantltl*. of each worked laat few days. Rxporter* ray Europe want* to Bndont tb* quality of our wheat, andlf z a i%rb£ru?o: brjst*- w,u 9-22% tiff* ® July. . 0.fJ% 9.67% 9,ftO 9.5.7 ? .*,7% KepU . 9.56 9.67% 9.46 9.47% HU Oft. ,, 9.r» 9.27% 0.17% 9 ?7 9 30 CAHI1 MU FAT— •No. 2 ra-.| 7V*79%2jKo. ft do 77%fT79: No. ? hanJ »Inl*r 77 l tt/T9, So. 1 do tt%tf77%: No l n-.rrlmrii tprlna No. 2 do I) OtlH; No. 3 do 76%v*6%. CHICAGO CAR LOT8. Wbaat Corn fhita Hoga TcvlAy. Tomorrow. LIVERPOOL GRAIN MARKET. Whaat npoiipil % lilirlinr; 1 30 n. m., < chnnu- <1 to % Iilglior: cluncil '* highur. Cora •pcn«Hi % iitirhf'r; 1 JO p. m., % to blgti^r; cloaod % higher. PRIMARY MOVEMENT. Tho f«»Il<.wing figures sliow morommt of Vb»«t sn-l corn Wheat—Ilsrelpts 74LOOO Imi 49,000 jnjffiieU last yrarj_ slili ogalust 27«’..‘»»i 11 n*• h••!m Uat JC'orn-Heeelpts flgnlnst 374.0C" 0K>) bushel*, lyrar. NORTHWEST CARS. MlnnMpr • !.M. . Chicago Touts y. We : *S . 1 CENTRAL BANK & TRUST CORPORATION, CAPITAL $500,000.00 It you contomplate opening a new account, or changing your present banking arrangement, and with to connoct yourself with a strong, conserv ative bank, fully equipped to serve you aa your bualnsas j iatlflee. Invite you to call and talk tbe matter orer with ue. 1 W. H. I John 8. Aea 0. Candler, President. Pattarson, Vice-Preaidant. A- P. Colee, Cashier, Owana, Vlca-Praaldant. Wm. D. Owses, Aast. Caahlar, J ATLANTA NATIONAL BANK ATLANTA, GA. C. E. CURRIER, President. A. E. THORNTON, Vloa-Praaldent. H. T. INMAN, Vloa-Preildant. 0E0. R. DONOVAN, Caahlar. JAMES 8. FLOYD, Aaa’t Caah ler. Capital $500,000.04 Surplus and Undivided Profits $500,000.00 We Solicit Your Patronage. WM. L. I'EF.U President. BOBT. F. MADDOX. VW-PreSL MADDOX-RUCKER BANKING CO. CAPITAI $200,000.00 SURPLUS AND PROFITS .... $500,000.00 ACCOUNTS INVITED We invite accounts of individuals, corporations, hanks and hankers and offer tho best terms consistent with conservative banking. In our Having? I)*partm*nt wo nil >w Intareft at tho Rato of 3 1-2 par cent. Compounded Semi-Annually.