The Atlanta Georgian. (Atlanta, GA.) 1906-1907, July 13, 1906, Image 11

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THE ATLANTA GEORGIAN. — 1- -.■■*.-.* —Ml - -- - EDITED BY , | JOSEPH B.LIVELYl THE GEORGIAN’S RECORD OF MARKETS AND FINANCE ] ••f 5 \fr. Lively's 2f. years* experience • .if editing markets In Atlanta snd l the South has mi lo him a rec* ; ognlxt'd authority In hit s|>e<-lalty. • —• •' ===J WEATHER IN EASTERN BELT STILL UNFAVORABLE Kew York Did Net Respond to Bullish Influence at Opening. NEWS AND GOSSIP Of the Fleecy Staple. INITIAL PRICES By Wire to Hubbard nros. & Co, . Liverpool as expected: market wavers; lit tle support; more required; crop good. RANGE OF NEW YORK STOCK MARK Amalgamate*! ('"PI 1 Atlantic C.MRt l.lu , An effort to advance prices of cot' future* In New York was made tats meriting on persistent claims of damage to the crop from the Carolines and Georgia. The leading bull ts pre dieting a movement for cotton In the tear future, and, an he Is sending out Jllsh literature as to the crop and arclty and high price for labor, one ould think he was working for much higher prices. Liverpool was strong this morning, more especially for options, showing at the close on advance of 6 to 7 points. Spot 2 points higher at 6.12; sales, 1,000 bales. The advance In Liverpool of t Eng Hah points, equal to 14 American mints, did not gat a full response In taw York, where prices opened un hanged to 3 points higher. This would ndlcate that the bulls unloaded part >f their holdings, thus checking any Ldvance that should have shown In the tarly trading as a result of Liverpool'- itrsngth. A private wire say*: ''a broker here [New York) Is offering large block* of October, which I* thought to be for Price.” The Interior movement, according to Secretary Hester, shows receipts at the Ild towns of 8,628 bales, against 29,377 ast year; shipments, 16,970 bales, igslnst 11,806 last year; stocks, 147,- 174. against 181,621 last year. Total receipts at 30 towns, 14,631, gainst 60,693 last year; shipments, ,tS(. against 60,029 last year; stocks, 14.585, against 177,034 Inst year. In sight for the week, New York olton Exchange figures, 61,169, igslnst 106,431 last year: for season, ’33,615, against 13,023.676 last year. SPOT OOT7 ON MARKET. J sntn—Steady, 1044c. a York—Quiet and steady, 10.90. orlean’,—Steady, lie. l,lrer|MKil—Steady, 6.12*1. AusiiRtn—Steady, 1154c. St. Lillis— Steady, lie. gsransah—Staady, 1041c. LIVERPOOL COTTON MARKET. ■ UPHjHHj ^Speculation and export 1,609. V Future* opened fctendy. ■ Opening Range. til r all-August.. •Sept. .. . Oct. . . )et.-Nov.. ** i !>ec.. , . •ec.-jan.. fln. fib.. tk-Mtreb ..... forch-Aprll 5.6$ Closed steady. Close. 6.88 ..6.81 6.84 ..6.76-6.74 6.77 ...MB 6.72 •;«** r Pr*rton. Close. 6.83 6.78 6.70-6.71 6.46 6.71-6.72 6.64-6,66 TODAY’S PORT RECEIPTS. The following table shows receipts at tha orts today, compared with tho same day ut year: INTERIOR MOVEMENT. tauton ofuita ipbls ....... Louis Inrinnutl Total £ 37 1361 ’tt IBERT & CLAY’S DAILY „ COTTON LETTER New Orleans, July 13.—Opening d*es | n Liverpool were nbout ns ex ited, but later Improved considerati on the fear that the continued heavy [ms throughout the cotton belt would lu.e some damage, options finally "*lng 6 to 7 points higher. Spot ilea aggregated 6,000 bales at an ad- •hce of 2 points. Ths local market P> exceedingly quiet, but steady, the reding being almoet entirely confined ■i the scalping element. Shorts evlnc- * some uneasiness owing to the ru w that Miss Giles would publish a *ry bullish report, and their buying •need an Improvement which was >'r less maintained through- “* the dey. Reports were likewise rculaied to ths effect that boll weev- * w-ere doing considerable damsge In 5*hem Texes, but both from eye line.,,, recently returned and ateo f«n private and reliable sources of In- In Texas, these reports were wittled and eet aside as unimportant. "rather still remains unsettled Ith reins fairly general, but as a rule ln character, and for the moet •f 1 . yesterday's precipitations occur- 'he Mississippi valley, both Tex- *nd the Atlantic states experlenc- * hut title moisture anil that of the “«r occurring along the coast. ruled quite firm early on in Liverpool and rust talk, “t later turned eaey and decline of 1? » cent on denials of black rust r JPort* of liberal acceptance*. 78c for September, conslder- I* profit taking was Indulged In by faith In pre.Mut prices.*' 8top orders reached by buying efforts. the decline; I | PRESSURE WAS RENEWED AT THE OPENING Refining.... ***»... tir*».’. do preforrod American Smelting Refining. Am.-i I Anaconda . American i do prof* Brooklyn Rapid 'I* I opening weakness was contiu-1 ■ ml taadsone; my Uttl. grass; thluk pros-1 - _ . . , Cotanilo Fuel and *w i» very gromisiug. ued During Moat of the Icvutrai i.,other l’rlrnte Wire to filbert A Clay. New York. July 13.—Llrernool at 11:30 p. m. was 31/4 points higher, which Is about as expected. First Hour. do in-crerred..’"!."I!!"’." _ General Klectrlc......................... Ing the local shorts to cover and go Sh. I r . wr ,V IW ur * 1 I Illinois Central Business Is very email, and mostly Drofcg-l luo Hours of (MiyB session the mar- | Amorlrnu Ire .Securities...., Continued reports of too much rain In By Private Leased Wirt. Atlantic* and central Texas arc caus-1 New York. July 18.—For the Aral I uuamesa is very small, and mostly profaa-j iouay» irwmn me mar- i Amerlrau Iro Bectiritiea.. •lonnl. Commission houses are selling some ket movement was extremely confused. IMWlevlllo nod Naidivllle... cotton thl. morning. The extrem , w «. akne „ vvMch appeared fa"I'n"?!!!.*!!*!!!i!i:I!I;I.* Price Is bulling the market. Mitchell bid 10.50 for 6,000 December. at Intervals yesterday was not shown I New York. Ontario aud Western again. On tho other hand, such tend- CtHEra 'pacific ency ns there was toward Improvement New York Central!! !..*!!!.!'!!!': wns very slight. While it was evident Norfolk and Western that liquidation in some volume was | Pennsylvania still in progress, this wns offset by People’s Go?...... * . w. . I th ® covering purchases of tho trading 1 re *,!f d „?i!SL9F , “ USamriV iffif •lement, who were disposed to reason I n-jffc P«-Jorr»d ers must be'able to seHHthelr cotton at Ite I iSffiL *8? four d ®>' 8 of c6x lH? l l? U f de * I•«••• ”•’••••••*••« .!!.*."!!!!!!!!!!!! that they may with reasonable profit be cl,ne the market was entitled to at I Repo Mo Steel able to pay. the average wage of Jl per least some improvement. These two Bock Island..... day:" that, ln his opinion, ,r we are face conflicting influences made themselves .. preferred.... • to_ face with n new epoch* so far as the felt with the ndvnntjurc first on one I United states Rubber n , new epoch-so far as the felt with the advantage first on one i value of cotton Is concerned. Throughout 8 t(] 0 «, m t then on tha other Prices L. * p t. e, t . a large portion of the belt the crop, as • \wmnt lowmrmt th2 nnaninJ nnA mine ‘- ol,,heru ***** --- It of exce..lve r.lns, I. lit a cqndb t-.iTTwwiTw ...... >u „ WH uri . . ... . Southern Hallway. tlou from which It can only be rescued by stock, fell below yenterday's finals. At I'^f'.'rrcd .’ an extraordinary amount of labor In italtnldday the changes ln the day .Ml Igl***-»h«nrt« cultlratlon. I sm mors conelsced than practically nothing, except in aome | ,ron * the | specialties. Outside news, what little I f-ScHle “’J; :*••• cotton market shortly. there was of it, played, of course, no |Unitwl State. Vtsel...,-. !!„..!!!!,!! JK8.P2&SSS. ,D ^ 1 tr Th *^ '"pressure was renewed on the stock VlrglnV-Carollim Cbemlcil. r rh“ *„ntlm^i r r.Tn.“?e*c^.IngTTmfe 'VlecMn.*.' WoJtera P u!,'on_; "* m.e»«oe... but no ,*gre Ml rene., I. |n PHc« jrtto^d decltna. _ —— Rending, which sold with the 2 per | Wisconsin Central Today's man Is fairly wet. bnt the rain- “"t dividend ofT, gained 1-8, but the fall In tha Atlantic! la very light, and al- price almost Immediately went oft, most entirely coniine*] to the coast. In I leaving It 1-4 under yesterday’s close, T«"« «l«® the moisture Is compamtlrely Union Pacific down 1-4, Southern lost do. preferred.......*. I III I Total sales of stocks today, 808,800 share*. RANGE OF THE COTTON MARKET AT NEW YORK. ktS'atilt M SSetSi o? iSVSSoSl 'cl f d d ?wn one point while Amalgamated hies. (lost 1-4. The market was fairly active ~ and after the opening trading prices. # , . Mitchell a heavy buyer of October and continued weak. r,,T,, 1 r 0 «- f i n , °v!.,x. sr virir ’tnH- December. Commission houses sold some The weakness that was nhown in the fotur « i ,n How York today, cotton around opening. IJ the rango in cotton Previous Market still continues to he narket, and wo ran se n tin* situation causing css it bo a short * to bo larger than for I Here thp market can be sold on any mod* riihrket at the opening and ln the early open. High. Low. Sals Close, trading continued to Influence tho mar-I July .lA.24 lo.?/ 16.2.1 10.23 10.22-23 ernte rallies for the present. greatest pressure. Governments unchanged; other bonds | Understand Miss Giles Is to be out at I * tea dy* LONDON STOCK MARKET. noon with bullish report. Looks nrf though some of the buying was for that rea son. The market la rallying on strong buying I STOCK— by Mitchell, Wilson and New Orleans, v ■■■ •. ■ — There seems to be nothing for sale, and I 01' n . c .° "„** looks as though this wove of buying may Aicni*°n......^. „ carry the market higher. rsilrffi.'. 'V. ..Ill* Lesser-noldman Wreklr fran nenart; I rhlengo, MIC, «nd 8f. P |I7* Itch. ;ioii io!n ioiii iaea 10! Closed steady, Open. High. Low. (*lo July .11.08 ilm 11.06 11.08 If.O' Aug. .10.78 10.78 10.88 10.88 10,« ocl !ibl87 ia« iolii 10M io!« Deo.* iio.if 10I44 io.if io.n loir Mch. iio.fi ib!M ioiW ioleo io.se Closed barely steady. • of the growing crop In southeast Missouri, Illinois Centra!.. Arkansas and the northern portion of In . y orW*Pli dian Territory, we can dhly add that the HH outlook continues satisfactory. The plant Is ifiSSufi In ..... ■,*-■ • f ...nllni.u ..... tP”' J .. n 1 * l,< • • some scattered sections, wc see nothing to Offset a good average condition. We are, | L n JLl5!L- H IiL tP l Jl 1 ®®!: P r ” of course, now approaching the critical “■ ' stage, but With existing conditions, the TPli'.'Wn TK CCVWCYN plant Is In shape to overcome considerable I ^ i-V-LiiN U Alv vu 1 J-v/iv WARE AND LELAND'S DAILY COTTON LETTER By Private Leased Wire. New Orleans, La., July 13.—Cotton was steady today and prices made a alight advance on more general trading than for a long time past. New York seemed determined for higher prices and the local crowd was willing, but the lark of good outside buslnens stood In tho way of broad fluctuations. Liv erpool was more encouraging than ..-.otherwise* and the only thing In the H^'lway "f tin* bulls wuh Hi** ai.s*n r —a I enough business to make a good trad ing market. On the opening tho mar ket waa ateady at an advance of ono tttx a\t tir att orpnT^rim I point. Ring traders showed a dlsposl- UP ON WALL STREET (Ion to go long. Heavy offering* from Market steady at the | .New York, July 13.-TM NewTert Sun 11 or 2 potnts.ronnd «h» rhiR :however, K 'iinfftTomhtef ^Bd, | K* £^J? r 75l.« 5 *?ui , ufdo , irSS U,e ni? I AUMHTTVtffii^buygf «he 1 . . .. . .. .. . .. 1 J“»' d "JJX Ito - cSd market advanced a few point*. Scalp- shoulder, '^esae Rd beneficial rains, some I era did not stay with tho market Jong, plant Is In shape of the trying weather we must expect dur ing July aud August." advance/^*' < ‘ , ‘ We,: ' ■'”“ 7 “ I -‘“fh. tna*I of priswT wms'ep I held 'pficee'dbwB. After tho opening , gsp- -■« I ~-aft SLfifw I :TJ n t, scattered ori-r the cotlun eastern sections get little vmi ■ Idverpool cable.i are fstrty fayorahle, Fn-1 f^orih'le crop'sd.lce^'were recelreti from I but were satisfied with tho smallest tures were due 3«4 up on New Orleans, T „„ , Dll /xidlslsns, as well ns other profit*. “’‘pert, of the hell. **d finally.-there was 1 Tho weather mftp could not he called ,009 hales Indicate an Increased demand. l he PerJI.tent dn lness of tJe apeculstlon. unfavor8bIer u wh || e considerable rein I The outside public Will have none of It, I ^ nu , n n1 . 01 , .i. — ontton reelfin lit— Nevertheless, aome of ths local operators was shown over the cotton region, m I are becoming bullish on account of the tie of it fell In the Eastern districts, grassy conditions reported east of the Mia-1 where complaints are loudest of too slsalpnl river, particularly In Georgia and muc j 1 rA j n# Private reports were still the Ctrolinss, reports of,toe much rain In fa b | 0 nna t0 | d n f f ou l crops. New York, July 11—The weather reports ISS!i ra .ljlniJi ?°for f tbn T qrt!S 1 *rntton efTbt Their gist was that with good condj- from the l»elt today conts!ne<I rather teo £J2L ^SS^JSf ^Trerin** Besides thslttons from now on the Atlantlcs could Slr ll ?he < plaSafort t of r riie SMsars.^hence*ahort short Interest Is said to l»e enormous, aud I hardly hope to make as much cotton as Sre’lnx^mS Vo UeTln't.w. than *■ , n t ;* , ** Ywr- 8 ? u,h ‘.iVv'mlt for some time past. Also there was some i?! 1 if thie SSd rathir alarming boll weevil talk, but good haying by professionals who argnt To UMre,«>inethlng of this kind i Jth a t this time of the year, this (hat the market Is bow due some rls# on IJJJ. tSSSSU??# ihe^iort his^eur* Is to bs expected. Texas Is learning to SSStf&rrSraUM 1 0th " C,W,, lfter •• S^l5?tBWJf SyliSTtb?? I^Sy \r^ the weevil and cotton together, ^Llvernoof also sSbrars to view the sltua- not (x^ur. In any esse, the Ifsr side. » and this fact la being generally recog- iSsgRBEfliaaSB te&gtfHSS?©® brtJSWpsjasS * te-i22.S'.7K.'!Mggj« i K a aasslaaSALi K n the York 1* nt present the puxxlo thnt tho | talent 1* trying to «>lv*. ™ °° ,h ® reC ” ,l0n *' ^ Sew Orleans, July 11.—The Tlmee-Demo- •nt: "Through persistent effort, new crop —“'———— I erst: "xnrougo I»rr»i»icuv «•»«**• *•*" v»«»|r those who sold early. TM* checked ^'^‘"J^M^^ous^Sn^y.rt'lli'noV decline and cetued ■ fraction*! reao- ^ ‘Su "ITen ei*7^tt?r tlon from the low figures. The under* fnalonal to boost tho fsll moot •.. *i u i‘» T. hl A ■?!}..IS," THE LIVE 8TOOK MARKET. ta; ii/ht «.45e4.i»: r tufeej*; ronxh ...J); yorkcr* !4.8Btr svy VittmiPA. . Market steady; to feel Mir* should he made on all ™ .tsy the vo^ of the smuMiIto w-ll* r, Irollles. * snd ths ehsem-e of * decline on good i-ropIBI Corn opened * shade easier on par- reports, nt lenst, promises mi sort .?■ »I nVm,,"'itMrt"»6.fce6t5; poor <0 medlnra tlnl ralno In tho corn belt, but Imme- "■tnmMmDroTement ooeo new^^crop lojg* fooM.&LOtorfcrrs nml frders1 11604.4.M. diately turned firm on Ijborel whStrLICc* Un^^hS [ . e'er,1 14 y*<: .cnriliign *'.77-, nrlmo ateers 35.toB6.*| poor to mg* A lately turneu nrm on iioorai ouyinc 1 " by commlosion houseo. Tho advance, July corner * flesh )* the p*o sppnnrs tol tSSSrn-Jm *h°symp*th? l wlth"wheat % ,"«»"?£. KW-WW-rf *„d *emng by . prom|n«nt op.nt.or, | jfcto MI Ngw y0RK C0FF „ mARKEtI *'^ry m*terl*l BI ?„« •J'^ 1 ^ m " l mn« , “"hSry" rtl|»«n7.: I Vo'kViiZ' SSBl gjmi» lowtr Tn sympathy with J destlnid^tot?U‘ taia,: MV sSSg&S^ u ’“‘ ,r " d * r * wtre ffS-Sr&'n-WiaariMWW ^UnfiJvwSwi^report* regarding c„p ■"™ are quite numeroue. Receipt* are mod- pl „ h , .Itnht silTnntnxc thm Is now their'-, M»y.. erate with an enormous shortage In (bmixb with the spot innrkel stsgusnt sn*l Jniw., - ■ M 1 sn*l n scnlllucutsl Influence, some July... _t l.l .....h nnnk i.n*M)lnnn *• I An STOCKS REVIEWED BY NEW YORK SUN Nvw York, July 13.—Tbs Now York Hun says: "A continuous d< > «*llnc ln prices of Ac.'tirlfli’H, brnken onlv by a rally III tin* Inst hnlf hour of business, occurred Id tho stock market, and carried prices very near ly again to tbs low point on the present movement touched ten dnys ago. The entlro market was governed by n general dotvnwayd tendency* and the trading was destitute of any feature except a ceasolesi pressure to sell stocks. This pressure, bow ever, was not exerted In any sensational tray, and the market was at no time de moralised, while the final rally townrd tin close of business exhibited, in the tIsw many observers, the existence of a me or lees oversold condition of the markvu and unquestionably attested to the fact that •ny large or suddenly enforced buying of •tuck* would bring about n sharp rii quoted values. Houses representing western speculative element took a very dnunt part In yesterday's selling, ns havo done throughout the week, and assumption wns that nil this was ln ... naturo of operations for the decline. Hill It u-niild Ml** , l*’ii v f ! , n i 'I,,.,-., was, nml has been recently, much genu liquidation by pools and other carriers _ stocks on margin who hive found diirini the last month that tho speculative current was running against them too strong fur them to combat" THE METAL MARKET. f'oppei l«esa easy Spelter steady. u wire. York. July lA—Tle op 4*c. ir dull tod imniln.il/ uoebeoged. PRIMARY MOVEMENT. The following figures give the prl lavement of wheat and corn.:. Wheat—Bet elnts today, 878,000 bushels, gainst 8M.0rju busehls last year; shipment* •day 214.000 bushels, against 800,0V) Is fast rear. Corn—Receipts today 408.000 bushels, against 402,000 bushels Inst year; shipments oday 491,000 bushels, against 665,000 bushels sat year. . Me with charters ■ M ■■.. cure st 1tfe to Buf falo, pari to lead next week. There wore also charters for 80,000 bushels of wheat In July deliveries yesterday Were 40,000 bushels of wheat, 46.000 m corn. W,000 of outs, 250 tierces of lard and lOD.f/X) pounds of short ribs. Wells dellyersd IT**** pounds of ribs, snd Chlpsn, Edward, L„ J Lunhstn end Maul sent out the balance. Ar priced to see from the present Oat* were crop, coupled with the decrease in easy, and * ranttmental UfiMws jw {W- crop as compared with lest year. ceutU -hould mark such operation.'\m In our opinion reault In much high- Rave k Lflsnd. o«fo&!^, . .. hay oats will In er price* later on. ...friwef. COTTON 6EED OIL MARKET. PgHSftl Provision ll*t he* ov.rngrrt * little lower and It** been dull. There wee a raid on September ?*>«r York. July It—There we, a reryl pit trader* and a little selling on etop- t rn*le in tbr eerly K*ulon In rotton r'V “a «... ..mmlaeinn derma hilt "4 .11 ^klla l.l.l. warn H IIMU I near. I C. H *> 4 r . 6.43410 THE DRY GOOD8 MARKET. ( ' ... . _ .a _■«.. «... a (sweat nanlrav SOUTHERN EXCHANGE Oldost Eetabllnhed Offlrn South. COnON -STOCKS -BONOS GRAIN Ground Floor Gould Dullding. Dally market letter and market manual mailed on application. Leased ttlw. July II—The dry goods dis- - * yesterday by numeroas r early (all Some' eemn, of ! V JkJMgl. Wgto » ASTIf gHN-HwU? I onTmtl. export from packing oourcea f",r. L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Correspondent's Capital $250,000 RcrcacNce, the nkal bank PHONE I4IT. SSUOfNTIAL BLOC —Finley, Harrell A Co. iiiht stoeks and l>sr of minlpulallon, there I Tfwre l« , !** , t h " rc l I?? , r V 1 "# tlon of tDJ ' lufl,llr I was very little disposition te seU short. ‘>f **» ^ market. GIBERT & CLAY '• V. ALABAMA BT. O^a”. correc, paovieiONt ATLANTA, OA I era* very III He disposition to sell short. I There I* elm a (airly good rossumptlrel 'drmsful. aad *oin* llttl — 1 ported from dey to day ... ... market at the rlow was quirt, with £*rieee^ em-hanxfll to 44e higher—Wsru * Opeolag Itingv. July..,. .. IL «*! I ST Jerk itorg Eirh.ngsIN.w Orl»»n. QNton ge'NfS^.VlJ.SJopKuM^- ^'ttoO "' Ptem'** - ■; Jerk Cori-a Exrhing. »*r Orl.no* * Eirfc.*|* ■ . > c . , , ’ ( York Coff.. Bxehang. New orlenn* Boord ..( Ir,,!-- '»* "> ® •* Noromlsw i ond Lor it Dlotanoo^TsItphVnV 4298.' r. FAGAN, Msnnner, ' ' Hew Otleaat. COTTON^GRAm, ?R^VIsfoFs,SmCKS^BOND3, It. I Wall SI.. <Mk. Cl. ChUa§a Board al Trade. Chuata Stack Eithange. ark Cattae lathaaga. Hew York Coltaa laekaaga. Hem Meant Caitan hekaage. Iheraaal Cattaa Httaeiatlaa MEMBIKS: trace! cattaa mttovanaa 'J'i.iuisL -" . Prirata Wire11$ Hem York, Hem Orleaat, Chicago. B. C COTHHBH. Ifaaaftr. Ball Pkaae 1267.* Staaderd Phona l NOTES ON GRAIN Polntor* on Provisions. t’hlr.gn, July u.—Cable* strong pn wheat. Northweit i-ondltlon* nmtJnus very (eror- •hlr. There I* nothlig hnlll.h to tho crop condition. Of •0|i|,lr mot demand. The rr..|i outlook In corn and nets Is scut* and llnhls to dsrrlop great strength. If realised, if— will add much aeatluiental atrength Wheat from a apeculsUr* ataodpoinf. The corn crop la very uneven mid In aome place* la ^o seed. o( rsln. It has reached their " old’ i-er'u' nouT o*w"crop"u Tmiro"or leoo aasurad. The prewnt price of hog, make. It worth Be Jo feed. YVe Iiellere leoo unid, The prwnt price of hog, make. It worth 70c to feed. YVo brllore Sentemln-r coco might oell oeotly «t Wo with project of very llttl* derlla*. We would buy oats bocauM crop la i poor. Minn dwimi.i •.-<■11 inii* inoruiug *nn P»n IWIHJi bat wheat la fllllng good. Can K. oo dam ,g* from hot weather." Record Herald! "Ample and eonrlnclng iroof that tho winter wheat .crop la urge nna I, furnlahed liy lit- quality alone,' aid a prominent man. “A iwraon *hnt « a a tatilt where he had n*tr*r ***n nr heard of e crop report would at once pro- nounre tho crop om, from the quality of the sample submltlad. Th*r* I* no dial of a email crop where tho quality la . uniformly fln*. Wheat weighing up to 64 pounds |-r huahel was lot produce,) under adrert* cuudltlon*. while weight* from 63 to 64 would to. a different metier, r think am* thing will hold good In lhe revere* ..... In net*. The same condluona that made heavy weight wheat have mode light ht oata They ar* ahnwlag up ae low ..m pounds to tno liuahrl ami we gel porta of ylelda from a down to JO hui_-,_ prr acre. Thla makea me think we hafe raised * very small crop of oata." M c5fW »2riSlf'“IpomlM our idranca la whsst, which swnu .J show thnt our wheat price It on a food foundation. Would buy wheat on ““ Chlcsfo fntcr*Occsn: Rouihwsstorn farm* jra do not appear anxious to ssll fhsir wheat. A menus* from (?offiyvli)s, Ksna., says farmers through thla section seem disposed to hold their wheat rather then to sell st present prices. Cash business In wheat In Chicago Thurs -ty was 23,000 bushels, mostly mixed lots, lucludlng 6,000 bushels of No. 2 hard. The seaboard said tho advance In whoat of corn and 76,000 bushels of oats. of their selling against them was done lata In the day, Tha haris for tha pur chase* were the same as heretofore. Tha buying In Nebraska wns Ipss tlmu 100,* ,1 One from Kankakee said osts wera turn ing out 10 buslicll to tho acre snd 10 acres Mar Add and Boshler had black rust ro» port* yesterday at Minneapolis. MarfleUl reports were scattered gcnorslly among the trade. Tho rust appears to bs between llrowntown snd Wlnthrop. The Marfiel liouae tiought wheat freely at Minneapolis. The cron bulletin issued by ths low Grain IienlcrtT Aesodatlnn makes tho con dltton of corn rnngo from 01 to 115, only ‘ points being below 100. The latter wero lift n h« - f Ion I h- < i’ll I rn I imd southern sections havo tho highest aver sgs. eastern and southwestern sect Duluth, Kansas City and Ht. Louis re port'd good domestic and fair export sales of flour. Cash wheat fn 8t. Loula advanced and No. * red sold at TGViGTTe. Kansas Ity advanced %»t$ic with Milwaukso and title wss Ths advaucs statement of vision* Issued today by ths b ■ Rtatlstlcs of tho department of commerce nml labor shows that the total val irorlBlons exported, exclusive of llvi BLACK RUST TALKED IN THE NORTHWEST Caused Firm Opening in Wheat. Commission Houses Best Buyers. 11/ rrtrale Lnued Wire. Chicago, July 18 \Vh*at developed a heavy ton* on Hit **tlniai« of 24a car* her* for Hamnlay. which drew out large a*!** by local concern* In lit* way of putting out ahort line,, a* w*u aa "hrdglng" aalaa again,t the actual wheat. Black ruat report, war* .1-niM and tht report* of larga •nlo* of fi,,ur by the Boulhweat ware also danlad. Caah *alca 6 loadA or 40,000 bu.hHa for tha day. Wheat clond I-IOI-40 lower. Com wae easier for new crop an,! mm on future*; cloaed 1-401-Sc lower, ontr. 6-8o lower. Provlalon* ataady. Tork waa hid up to 1900 by the bull* In that munth. Tho Hat waa Irregular. Bealdea th* caah whaat *n!«, given above 13'tond* corn and 120,000 nntv war# reported for export. Wheat receipt*, 164,000, and corn. 401.000, compared with 606.000 un,l 462.000, reipectlvely, a year ago. Clearance* for th* day, 210,000 whaat, 76,000 corn, and 4,50u oat*, f.,r th# week, 1,632,000 wheat nnd 108,000 corn, compared with 861,000 and 834.- 000, respectively, a year ago. CHICAQO DRAIN MARKET. „„.Ope*. High. txiw. Cl***. Clou! IIP ■Mr s i Mi** 1*:S n H:I 14.90 11 87^ 17 "TS ers In general buying, .NV J hard 7)07)c, and No. 2 red 7241178c. sports of pro* tote, ho s,r.“„> il j5f;: p 't«i: om w.i' ,o 3.6.'i£!a! ^ l! * , w®.% , , n i*i^.WKx.uV. , ’' f?r In 1M. Th, tofal quanllly of ref exported during June wn Al pouuda In ■ ... ned luef — _ m.m pound,, ,,alu»t ,310,— ............ June laat y*«r, and for tho metre nuuitli, ending with June, IN*, waa 64,173,108 pound, ■ gatn.t 6f.B7.ao noaad* In U06. Th, re- 'Iictloii la Jun* fl,nr», la nppnrentlr duo THE 8UOAR MARKET. tin IsiM win. law York, July 13.—Local retltied and r*w jar market •f |gmmAWgnM*aa*wg^a^ don Poet tugnr r - 4V4d. K~ R k':::r Sk FORK— July.... l».0f> Kept.... 17.06 Jtnfl.. LARD— July... .... Hcpt;... 9.10 Oct.... 9.15 8IDK8- d-.v i.t Oct.. . 9 » (‘A8II WIIKAT- No. a rcl 79VIWMA; Nn 3 do 77»?*«4: No. hard winter ; No. 3 hard IjQTI; No. iiumIx tii Rprlng No. 2 do TmVMfSl; a 8 spring 76^78. j:u 6.17V* .9-33V6 9.46 9.4«) 9.ITH O.W 9.10 9.15 9.mj CHICAGO CAR LOTS. Wheat Corn L Oats ... Hogs ... NORTHWEST CARa. Minneapolis Duluth Chicago ..... Todsy. Wask. Y« LIVERPOOL GRAIN MARKET. Wheat opened H to >; higher; H to r » higher; closed S to T* ,W A JjIgJjJgf Iff (4 Corn opi .i tn., unci cliaugsd to high* MODERN MILLER’8 CROP REPORT, 8t. Iannis. July 18.—Winter wheat bnrvpAt Is pr"Ki»H"lng generaUy favored hr weath er condirtoan kith little Interruption f»r 1 1111 h ‘I lit- m u rrnp bflng rmtrketpft friflv. I. it mu n v fn rim* r* an* Htorlng and Hacking their crop, refusing to accept ths lower prlroe bid thi *‘ l.’.-h. 1 . . jAtwO/PiO (1 by ths government's July ii'lltbiii, n R'lrjtfua <<f iv*. nn/iOt) Imah- pared for els can be spnrod for export ‘tuf borne refiulrcments f«»r brea-i an it nearly C6fi,000.00<) bushels (the ln< 10ms reqalrementi on ths n*-<. cm leaving for reserves, 90,000,000 basf carry Into the 1997 rt ron, «.r the amount that was carried Into th< crop. LOWRY NATIONAL BANK CAPITAL, SURPLUS AND PROFITS OVER ONE MILLION DOLLARS Foreign Exchange, Travelers’ Checks, Brown Brothers’ Letters of Credit available In ail parts of the world. Prank Hawkins* President. n. M. Atkinson, V. P. l/mmasT. Erwl Joseph AT McCord, CssMer. R. W. Dyers, An Third National Bank Capital .... $200,000.00. Surplus .... $300,000.00. Dr. A. W. Calhoun. Milton Dargin. John W. Grant. H. Y. McCord. DIRECTORS! Frank Hawktos. H. M Atkinson. Joseph A. McCord. WM. L PEEL* Prcaldsnt. ItOHT. F. MADDOX, Vic# pres. MADDOX-RUCKER BANKING CO. $200,000.00 $500,000.00 CAPITAL SURPLUS AND PROFITS ! ’. ACCOUNTS INVITED Wc invito accounts of individuals, corporations, banks and bankere and offer the best terms consistent with conservative banking. In our Savings pejMirtmant wa allow Interest at the Hate of 3 1-2 per cent. Compounded Semi-Annually.