Newspaper Page Text
rrnnAt, jh.t t*
JOSEPH B. LIVELY ( THE GEORGIAN’S RECORD OF MARKETS AND FINANCE
j'n ?r, yr»nrs* *vp#rt*ncs
innrkfta In Atlnnfa nt»|
1 hflf ruH'le him n rec-
utliorlty In bln specialty.
L
=2/
T
HIST PRICES
believed most op shoets
TTAD COVERED.
July Sustaining Influence
Further Rain in the
Eastern Belt.
Was
NEWS AND GOSSIP
Of the Fleecy Staplo.
Private Wire to Wore ft Lrlaoil.
Stw t ork. July 11.—Market opened Terr
qul. t and about » exiiretwl on UvenMM
cable., with acarcely any cotumiasYon'
ne»« 111 evidence. Noruen and few (oral
scalpers eold n little cotton.
’' irpool future* opened quiet 3 down
am! two down on late. At 11:30 p.
3 down; quiet. Saif! 0,000. Spoil t
aneed. Futures were vine to ct
about one down.
Liverpool cable.- "Market affected unfj
orable by poor New York report!."
Print! Leased Wire.
... Itoom trader, were again.t
™. null, on the Idea that inoit of tbe
local fborta bail covered. About tbe only
sustaining Influence was further ralu In tbe
eiflcrn
SPOT cori ON MARKET.
I Atlinti—Stead-. 10*ie-
V York—(Julct, lJ.95.
Lhmionl—quiet, C.l.’il.
Anguita—Steady, llHc.
vanaab—Steady, loAic.
St. Louis—Quiet, lOTic.
LIVERPOOL COTTON MARKET.
Llrerpool, July 14. 12:lo i>.
■pot niilet. with prices steady; middUng
inlands 6.13; aales 6,000: American 6,600;
•pwniatlo'n~anS export 600; recelpta 6,000;
America u 4,000.
Futures opened easier.
Opeulng
Range. Close.
6.66 6.66
.6.016.02 6.02
Align.tSept.,
Kept.-Oct. .
Oct.-Nov.
Nov.-Dee. . .
Dec. Jan. . .
Jan.-Feb. . ,
Feh.-Mnrcn.
Ilsrcb-Aprll.
. .6.064.60 6.00
. ..6.03 6.65
...6.66 6.66
.,6.064.66 6.00
.6.604.07 » 6.07
..6.00 6.00
Prerlono
Close
0.10
0.04
H
6.68
-IS
6!«4.7I
6.714.72
TODAY’S PORT RECEIPTS.
New Orleans...
CilrpRton
MoMlo
Savanunb
Norfolk
Haltlmore ....
N>w York ..
Bouton
Philadelphia
190$
1906
. t
1113
330
*675
128
2&
122 1
™ h
S m i
2109 O
2882 n
*346 c
« >
.... _ f
Total
2122 | 13,278
INTERIOR MOVEMENT.
tbe New York
(I/. July 1
Flnnnclnl
op
of
Till
Wwfc.
Visible supply... 2.721.428
American l..... .
In sight.......
For week
Port receipts.
Storks .....
Exports
Interior receipts
Lost
Wock.
L488,423 i!<*§|xs
37,440 “* —
337,4“
237,402
66,467
14,81
34.346
176,763
JE068
\-'77
Lost
Year.
Cif
tm
12,168,'—
l-t.718
383,788
43.658
49.965
mows neavy rains over tne more central
portioos of the cotton belt and extending
Into the districts In the East, where ralu
la not wonted.
“ ui tin a iiiuc
Inst year. The amount of cotton on ship
board is 13,060 bales, against 14,481 last year.
Private Wire to filbert A Clay.
New York, July 14.—Liverpool dosed
points down. It was expected 14 down.
Hutton & Co. will Issue their semi-month-
ly report nt 11:30 a. m. Tuesday. (This
Mli. f! aa' rntuvet 1 ■
Miss Qlles’ report.)
New Orleans, July 14.—Liverpool > point.
down closely approximates expectation,.
- to 2 points wys dne.
decline of 1 i
Onr traveling representative wires: Crop
Memphis, Forest City. Brinkl.y, Little
Rock clean, well worked and growing rap-
Idlj-; fruiting well. Nearly an Ideal i
which waa neede
Taxas weather generally clear with tem
peratures f(tom 13 to 70.
Glbert & Clay's Dally Market Letter.
New Orleans, July 14.—Options In
Liverpool declined on selling by long*
who had previously bought on the re
Spot quo
No new features
Wars & Lelsnd's Dally Market Lettar.
New York, July 14.—Owing to the
extremely narrow fluctuatlona and tho
absence of general'trading In cotton
al the present time, It was not surpris
ing (hat prices should move olt some
after the sharp advance of the week.
Trading Is still mainly professional, and
on a rise of 20 points there was not the
volume of business necessary to carry
on the rise. Profit taking and some
short selling started a reaction of about
la points. There were many com
plaints of too pauch rain In the Atlantic
nates, and until the rain stops there
the market la likely to be more or less
Influenced by, this development. In
general, however, the market Ib steady,
ind prices fail to decline much under
101-4e. The comparison with the Au
gust report two years ngo Is not like
ly to be a bearish Influence, and this
will tend to prevent short selling for
some time. On a further decline some
Improvement Is likely.
New York, July 14.—Belling appeared
In Rending, Pennsylvania end Copper.,
but Locomotive woe a bullish feature
on sggreeelve buying against shorts
that was alio witnessed In Colorado
Fuel. There was talk In London of
IS,000,000 gold being negotiated for by
New York bankers that will probably
Include Australian shipments. Tha
bank statement made a splendid show
ing, reserves and money Items Increas
ing and loans decreasing. Surplus re
serves 112,610,000. Transactions wera
small during the last half hour, the
market weakening to some extent, with
Indications favoring a lower range all
around.
WORLD’S VISIBLE
SUPPLY OF COTTON
Fecretary Hester's statement of tbe
world's visible supply of cotton shows a
twresse f„r the week 147,162, against n ds-
2'Meof 116,303 last yeir and a decrease
>1 1M.K4 In 'not
The total Visible 11.3,733.46L against SjML-
ll lsat week; 1,198,WJ isst year and 1.549,040
Nr before list. Of this the total of
jjmerlesn cotton Is LtW.461. against 1.010,113
hit week; 1.947,803 last year, and 906.40
.11 last
f- I last, amt of all other kinds,
fe^Vs^r^.&.SK'f ,,aXf
94t«» year before last
total world's visible it. , .
Jm shows a decrease, compered with lest
»«k of l(7,6!a, a decrease compared with
“«7«r of 406442, end Increase compered
? fear before Ust of 883,792.
1r * I* now afloat and belu an uiot
fi,**} continental Europe MHO.ouO. against
l«»t year, and 1,674.060 year Before
ln Egypt 66.000. ngnlnat 103.000. Inst
”’”0.y^ r before last; In India
w.ooo year before lm.. -.wmm m
TO nstlnat *?9,000 last year. an«l 452.000
Ust; and In the United BtatM
I last year, and 228,000
a txlnat U
Inr before last.
CHRONICLE’S WEEKLY CROP
... _ AND WEATHER REPORT
J5?* Fork, July 14.—Advices to us liy tel-
ntrsph from the South this evening tie*
!?', lh <t the weetti.-r lias continue,! fs-
rorable ns *
arena
Ss*
whole, bet In a
...Itstlon has been
meet of onr eovre-
■n—, . n nire nivsi or irar ' -
r tP° rt the crop as progressing
—^bly, .there are some eomplalnts of
Thus, the market left alone,
trading Is almost entirely confined to
the scalping clement at the ring side,
whose opinions as a rule are not fixed,
but change Avlth the advent of each
new Instance of the weather. The short
Interest has displayed of late some un
easiness owing to the constant and
widely distributed rainfall that has vis
ited growing districts, and
through their covering has lent a cer
tain amount of stendlnesB to the mar
ket's undertone, which has at timi
been misconstrued, but the majority
continue to stick to the theory that wet
Julys are beneficial to the growing
plants, that eventually crop' prospects
will be the more promising on account
of the present moisture.
New York, July 14.—Today’s market
showed more strength than generally
expected, though trading was on mod
erate lines and support appeared to
come from a covering movement of a
professional character. It Is perhaps
passible that the presence of Secretary
Shaw In town this week has brought
about a better feeling regarding the
monetary situation, and certain assur
ances yesterday In the news items were
of a kind to Indicate that the treasury
department would come to the relief of
the local situation through the Panama
bond Issue. In any event, most things
point to large gold Import!, and It only
requires the extension of certain facili
ties to ell Importing houses to make
this suggestion an Important reality.
The near future of the market may
develop further liquidation In certain
directions, but we canno
cannot believe the
present level of values or such levels
as may be reached during the next
week’s early trading will not prove a
sound basis for profitable long opera
tions. We cannot admit apprehension
and sentiment alone can rule the secu
rity list, unless aided by a change for
the worse In fundamentals.
BEARS IN COTTON
MORE CAUTIOUS
New Tork. July 14,-The Ben says: 'Tate
heavy reins In Oenreta and North Caro
lina end South Carolina am aeld to have
dons harm, although the state report,
dated tbe 9th Instant, makes no mention
of anything of tha sort. It Indicates, of
tbs contrary, that reins were needed If
mors than one section of the ntate. How
ever, .the belief here nt the moment, a
least. Is that some dxmege may have bee
done, end It Is also fsnrsd among noma
that the August report may be bullish. The
•tete reports from North Carolina and
South Carolina mention excemlve rein,
and considerable damage In North Caro
lina. The statistics are considered to fa-
ror the advocates of belter prices, the
movement of the crop le small, cotton
SSSi Ire Mid to be selling very well for
later delivery, end. In e word, whet with
rather threatening weather reports and the
tiniiiah statistics, hears ere more cannons,
even taken the
only mod
...tele human, slaving iuv wnr eentlment
f” th T e moment favws s rally, while In
one Instance, that of e house which has
bSIgh" freely for two days pest, afflrrnlng
h hour German bulla
•old freely yesterday
hreegh veriooe brokers. The Qlles report,
vhlch was to have been leaned st notw.
Idea
'"V *nrt’ wme cumin
rtH an<1 th* plant la amnlL
\<err OrlMns, July 14.—The Tlmaa Dam-
s. while Teattrday'a cotton market (114
^•mnferfa/'the preponderant of trail-
Eh ei ;?w Sop seStlroent to any greet
ISrlent 7t did shed some additional light on
the^jnlvnosltloin Jnly longs evidently are
15a/ eweke They ere gunning for tho
Xiddfe? end not for tho hedger. In feet,
?h22larAeoa to believe the letter le *•-
ISHTr being Melsted e. oeeorion srteee. Is
•So the New Orleans market Is lending e
®ng hand to tho Jnly '«* '.F Penallring
$: W 'VX and*todny’incvenowl ’the* 1 dwlmb
GENERAL LIST
FOLLOWED LEAD OF HIOH-
PRICED ISSUES.
Prices Shaded Later on Profit-
Taking—Bank State
ment Favorable.
By Trlvate Leased Wire.
New York. July 14.—The weekly bank
figures were the only Incident of a dull
and uneventful Well street market.
Correcting the understanding of the
average nystem a year ago, ensh hold
ings were shown to have gained*33.-
200,000, while, owing partly to some
special repayments in other directions,
loans derrcuscil *14,344,00.1; |„ .-nnse-
'luenc- .surplus reserve r-we |rt,305,linn
to a total which, although less than tho
average of former years, nevertheless
makes a fur better comparison than
f..r .sunie time pnst.
The Block market ended fractionally
higher on the day.
Prices were up ln London and slowly
burdened f.u the llrst hour. After the
appearance of the bnnk figures desul
tory selling was resumed, and a good
part of the early gains thereby de
stroyed. The whole movement, how
ever, was quite Insignificant. A
squeeze of the short Interest In Ameri
can Locomotive shares was the only
feature.
Call money 2 1-203 3-4 per rent.
Sterling exchange 4 81 1-104 86.
Tho stock market opened strong fol
lowing the lend high prlco Issues. The
general list averaged from 1-4 to 1-1
higher. Reodlpg was up 8-8. After
RANGE OF NEW YORK STOCK MARKET
Atn»*rlc!u Locomotlre.
■do preferred.|
do pro r4 , rr(*4l...eeee ssess.es eeeeesees.
American Smelting Heflnlng
do preferred... *••••
Atchison .•••*••*•
d«» preferred
American Cotton Oil.......
Hnltlmoro and Ohio....
Brooklyn Rapid Transit
Cnnu.lliiu' Pnrlflc........
’••furaifo Fuel and Iron...
Vntrnl Leather
do preferred
Chicago ami (.rent Western.
Chicago, Milwaukee and 8t. Ffcni..........
’• ’ and Hudson
DoUw |
Distiller** Hecurltlca...,
Erie
do preferred see!!!!!!!!!!!!!!!
General Electric
.Mil 1
Louisville mid Nnshrllle.,.....',’
Mexican Central
Missouri Pacific
justsouri i M' im - .
Near York. Ontario and Western....
National Lead..
Northern Pacific
New York Central..e........
Norfolk and Western
PeiiiiNylvanla
People's Cits
Pressed Steel Cor
do. preferred...
Pacific Mall
Heading
Republic Steel ........a.....
Ro<k Island
da preferred...
United States Rubber.
do. preferred
Southern Pacific
Southrni Rnllw.i
developed, which resulted In prices be
Ins shaded slightly In some quarters
though the general list maintained the
Initial gains fairly well.
LONDON 8T0CK MARKET.
8TOCK—
Amalgamated Copper.
Anaconda
Atchison. . . i
do, preferred
Baltimore and Ohio. .
Canadian Pactflc. . . .
Chesapeake and Ohio. .
Chicago. MIL. 8t Paul..
Erie
do. preferred
Illinois Central. .
Mexican Central.
MlMHoml Kansas urnl I »’ii a
■■Aik MMerrea..
New York Central. . ,
N'ir t In*!! i I’n-'in-'. . . .
Norfolk and Western..
Ontario and Western.
’ennsylvnnla •
Seeding.. ■m
Rock Island
Southern Pacific *
Southern Railway. . . •
Union Pacific
nlted States Steal. . .
do, preferred
Wnbnsli. ....... .......
do, preferred
Denver and Rio Grande....
do. preferred.. .. .. .
(Darwin G. Jonee, Manager.)
Today, July 14 $ fM.Jg JJ
Santo day lost year. .•2’SS*!
Santo day
Week e#d _ _ .
Santo week last year,
M'CULLOUGH BROS.’ FRUIT
AND PRODUCE LETTER
Atlents, July 14.—No apples In the market
cxr.pt local receipts of home grown stork,
consisting of early varieties anil Mlllng. sc
ot quotation values,
been bare on bananas
Nothing like sufficient
ix of early
cordlug to quality.
The market has
during tho week. Nothing
receipts to meet requirements with high
vslues prevailing.
No change of coDsequonro on lemons,
either, as to value, or demand.
No oranges In tbs market of any char-
*The recent glnt on pineapples bos cleaned
with the market writ In hand, with a
» with the market well in anna, tuin e
•pat demand prevailing at higher prices
end selling, owln
n isllty end condition on nn
o tn 81,25 per crate.
Vegetables, generally inerting, being
nlsh.il by the local frnegera direct to
retailer and ronsumsy. , . ,
Tomatoes may tie classed, and properly
so, an exception, being scarce: In feet re
ceipts are’nothing like sufficient to meet
requirements nml high prices prevailing.
A very notlcmiblo reaction Is noted 1n
cantaloupe.; In fact, these goods of quality
and variety sre selling readily at prices
soilafactory to nil parties concerned.
The Mine condition may lie applied also
In s full mMiure to wstennsloM.
Both new sod old Irish potatoes scarce
&vr C sweet 1 potJto« Mlllng also readily
oSoamSpIMlmt equal to demand and
“syssssir-® jsst ■» <.»■.
"‘dS?sc'mngat very low valaes; In fact.
lated remnants In this market
In a meaanre to a glut resulting
“any change In butter.
PRICES BARELY HELD
ON TURPENTINE
prTce. **Hrt"it St Irt eutrsnee
of tbe Blandsrd OU at the very last mornsnt
67c would have been touched. As the irert
clored the demand was somewhat dimin
ished. It It corekUred pooslhle that any
day the lower prlc. may b. touched, though
'■ '|« believed that there la so danger of
i price going tosrer titan 67e. The r.
Plpta were InTalrly good volnlue.
It.,.Ins daring the week showed . decided
dceUne. every grade suffering more or Icm.
The week started with wsFerwhlte st »,
end closed with tret grade quoted st M-76.
Other grades suffered dn Icm measure. Tha
chances seem good for s recovery of -
part of the Iom during the coming week,
as untoward rircuinstances, aside from nat-
oral causes, tended to depreM the market
GIBERT & CLAY
1 *• ALABAMA ST.
COTTON. ORA
ATLANTA OA.
coVfecVrov«*ion*
by an riffcil
B?KUjemd v nH-
eighth nf a cent Thus the New Orleans
contract has Increased 'Is valnc. thereby
Improving the sontrtrn market from the
viewpoint of the buyer of hedge, and of
the seller af actual cotton, hncnmn mini
mising the brerish effect of undesirable
traders. The Meal eoatreet should fame
no commercial grad* more than another.
Meanwhile, sentimental anpport contlaaea
to eaaso ta the ski of the hew crop from
aer.nl dlrectloaA though hualnem le on too
^«*«l and Long Dl.tans. T.l.phflnf
■nan n sente to make a real market. The
.7.' r 7I~va-i-u r, at! rxcbsr.gev. ,, vlattd. eapplr atatemest fu'ly Mart, bull-
i T.l.phVn» 5298.' W. R- FAGAN, M.n.fl.rv Uh .xpoeUUoM."-Whr. A LMrtd.
it hern Railway •••.•••.••••
do. preferred.
.Sloss ShelTb’lil
Tennessee Coal snd Iron
Texas and Pacific.....
Union Pacific
Ui • * -
*iiitiii
Jnlted Btatsa Steel.
<6bemicai!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
do. prtft„
YlrrinlaeCarollna Chernies
do. preferred
Western Union....
Wabash
do. preferred..
Wisconsin Central......
do. preferred
Total sales of stocks today, 100,200 shares..
NOTES ON GRAIN
Pointers on Provisions.
Private wire to Olbert & Clny.
Bartlett, Prmsl.r A Co. fair .slier,
of May wheat.
Look. Ilk. good ptac. to buy corn.
Adam. 4k Samuel bought September
wheat. Lake buying May.
Our crop expert wire, from Grace-
Villa, Minn.: ‘‘Wheat looking
„ good on
!l ■ 'i l H ' '■ I tv .,n,l tin . .,truing
World', shipments: Ilroomhall estl-
mats, world', shipments tor Monday at
6,800,004 bushels, of which Kurop* Is
•xpect.d to take about 0,000,000 bu.h
•to.
Actual world's shipment* last wssk
were 8,880,000 bu.h.to, and a ye.r ago
8,443,000 buthsto. A decrena. In »up-
pllM on passage I. expected.
necord-Herald: Grand Korka, N. D„
wire: ‘‘UnlM. some unforertn dlsas-
t.r should Intervene between this time
and harvest, this stare will have the
greatest crop svsr harvested. It I. not
a matter or locality, but from avery
portion of tha slat., with the poastbl.
exception of a few piece In tha H*d
.river valley, the reports are the rams.
Th. season has be»n almost perfet
for all the land outrid. of th. valley.
There ha. been sbund.nc. of rain and
so distributed th.t It has .Imply kept
th. crop on the constant Jump, and th.
•to. and vitality of the growing grain
to noticeable everywhere.
■'Wheat bears claimed that th. farm
er had loaded down tho wheat bull
here with about 8,000,000 bushels of
cash wheat In the last ten day. and
that diligent prodding of the market
had only enabled wheat to show two
successive day. of sdvaming prices.
RANGE OF THE COTTON MARKET
AT NEW YORK.
The following^ la t the rsoge In cotton
Prerloue
futures In Ketv York todsv:
Last
Open. High. Low. Bale rinse, rinse.
Jnly ...V7 10.1720 16.3223
Aug. .16.31 10.31 10.36 10.21 10.26-38 10.81-34
83U :!8:S iM? tt B « !8UJ
Nov l«-~
Dec. .10.44 10.47 10.44 10.44 10.
Jsn. .10,61 10.61 10.48 10.46 10.
fi*c b h-. ± ::::: ::::: ft:
Closed quiet.
TIPS FLASHED
From Wall Street
__ Glbort Sc Clny.
New York, July lie—Daniel Oi I
“Thor* la no apparent reaaon tbo market
of tho lmlRTorenco of ln>
which will
that Insider* are In ahapo to check de
moralization should not bo overlooked.
When this ffqafdiUfdn of corporate and /«
AT NEW 0RLEAN8.
_ The following Is tho range ln cotton
futurea In New Orloaus today:
* — Pterion*
July
Aug.
Bept
.»-« 18." iU ...
Jan. .10.U 10.41 10.41 10.41 10.
:::::: ::::: lo:
Closed steady.
diridusl nccessltle* shall cease, wo nntlcl'
note n big advance In tho goneral list.
Tho general sentiment Is Tory bearish at
1. and until thoro la a more
ng, wo counsel conserva
Marshall Spader A Co.: "Whatever takes
inert fmir.v in tho way of a price move-
we shall regard ns the be-
iin'iit decline, we shall reanra ns the bO'
ginning of the end of liquidation. We ex*
pect good results from the visit of fiecre
tnry Hhaw to this city, nnd aotne *
ter support to tbe market to follow.'
Uptown Sentiment: On the whole, sen
timent uptown with respect to the imme
diate future of the market Is about aa
Men representing large .commission houses
nnd brokers on tbe floor nay that during
this week they have detected • considers-
sra
i, snd
hi. amount „f haying by Urge Interests.
Home of these luterests b»ve Inforr - 1
their friends that th.y believe stai '
stocks shonld be bonght tt thl. time, —
Hint th.y »re nctlng upon thetr own opin
ion In a qnlet way, The sbMnce, how
ever, of sustained buying of n generel
diameter lends many of the speculative In
terest* to I letter, (bat capitalists, aa n
Whole, do not believe that the time ht.
come for haying Mocks on . tort, mb Is,
cither for Investment or ^speculation. Th.
•pecnl.tloo,
nlon 'I. very graerslly expre«sed th
msrket win drift .long within • ns
r range until men with large mMi
ore more confident with respect to polit
ical matters and various other questions,
which are now regarded as potent fac
to r
tors In th. .took msrket.
nummary: Pari, bourse cloaod today.
Tho treasury will deposit proceeds of
the Panama bonds with the banks.
X" elm Hue In ('mio.IIdul ed r,:in dlvl
(lend expected
At' hl.Mii MU I'lUM experted I" .butt
11 1-8 on common for tho yenr.
SI,-I 11 lit ll, .1 Itle. MOV there him been
11U i il'erpT' "1 lletlnll nf r ll.- Iiiel.il. Sill'll!
reduction In Benemer quotation
Pittsburg.
Elglity-on. roads for May show nv
•rag. net Increase 13.67 per cent, and
for .l.v.n month. 16.10.
Indication, point to better bank
statement. Bank, gained on th.
Brad.trest's rays l
are of vary large volume for th. mid
summer period.
Dun ray. trade continues far In ex
cess of earlier yenrn nnd preparations
for fall and winter nre unabnted.
Twelve Industriato declined A3 per
cent.
Twenty active railroads advanced .03
per cent.
THE DRY GOODS MARKET.
By Privet# Leased Wl
New York, July
ervade
I Wire.
#w York. July 14.—lllds ■
■ iltiido pc mule tho dry gnode niarkei.
«n far as buyer, are conrerned, but while
tbe movement of goods la small, cog fid sacs
Is steadily growing. A revival of export
business to the extent nf taking tha en
tire available product of 4-yard aheetlngs
Is the most rocouraglog feature of the last
itwo
SOUTHERN EXCHANGE
Oldest Established Office South.
COTTON STOCKS BONOS -OMIN
Ground Floor Gould Building. Belly
market letter and market msnunl
mailed on application.
Private Wire to Ware A Letand.
New York. July l4.-London opened fist,
but Utsr developed • mneb better tunc
snd closed Arm at about best prices. Kaf
firs have Improved.
London shout parity early.
Favorable hank statement expected.
Sentiment generally bearish, bnt the us'
us I week-end evening ap on part of room
traders may create some small rallies.
i may cn - - —
Trad, conditions continue good, but then
arc no Indications of their being reflected
being rel
14.—Dow-Jonea
L. J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, GRAIN
Cormpoadiirt’s Capital $250,000
RKFKRKNCC. THE NEAL BANK
PHONE I4(T. PRUDENTIAL BLDG
HUBBARD BROS & CO., Sts
Atlanta Offices, 219-221 Century Building.
Member. New York Cotton Exchange, New Or
leans Cotton Exchange, Liverpool Cotton Asso
ciation, Chlcsgo Board of Trade, New York Cof
fee Exchange, New York Produce Exchange.
Business solicited for the above ex changes.
Direct wire service. Corre.pondence invited.
Phone. 454, Long Distance 39. A.S. Hustace, Mgr.
Following from Minneapolis: 'H.v.
talked with fifteen elevator men cover
ing three states, and according to their
reports from th.fr agent, and superin
tendents, conditions over th. entire
Northwest extremely favorable.'"
Private wire to Ware A belaud.
Chicago, July 14.—Inter (Jca.n: Cash
business In wheat In Chicago yester-
day wac 16,000 bushsln mixed Iota
■MlH 4fH
corn were 140,000 bushels
and oats 116,000 bushels,
Kansas City reported n round lot of
wheat sold for export N.w York raid
60,000 bushels, mostly Durum, to go
abroad; also 34,000 corn and 130,000
oats.
Country holders of corn b.c.m. good
sellers ysaterdny, one house buying
140,000, th. largest tn s.v.ral weeks.
Th. Increase In purcha... to arrive led
several of th. large (radars to strongly
■d ' ra bf Heptember corn
ndvocate the selllngOI JVH
In anticipation of an Increased move
ment, and th. buying of May, claiming
that th.re will be 3o proflt In the
spread. Last yenr title spread was
most unprofitable, aa Heptember wont
from 6 s-4o to 10 3-40 over May In
the month of August.
Foreigners nre evidently getting out
nf supplies of American menu nnd
think well of them. Judging from the
a Liverpool since
WHEAT WAS FIRM
AT THE OPENING
DDE MAINLY TO FAIRLY SAT
ISFACTORY CABLES.
Rains in Northwest and Very
Small World's Shipments
Additional Factors,
price
By Private Leased Wire.
Chicago. July lb—Wheat w«
regular and unsettled, but
changes were not broad, and the
showed net loura of 1-Sc and l-4o for
the day. Com was weak I 1-tr and
l-3o lower. Oats I-lc and )-4c lower
and provisions 3 l-3c and, 12 l-2c low
Considerable whent was covered on
the situation aln ml. uhiln curse
grains ware sold on showers and prom
ise nf more In the com nnd oats belt.
I 'l III .11 i ' ■ • ■ 11.1 ■< nt » Ill-Ill n ere 97,4,-
000 and corn 310,000 ngnlnat 637,000 and
491,000, respectively, u yenr ago.
Clearances from the seaboard:
Wheat, 31S.OOO; com, 79,000; oat*, 2,-*
000.
Cash sales were small In nil pr
lions, being confined to a few bo
loads of wheat and com at the s
board nnd small Iota at Chicago.
CHICAGO GRAIN MARKET.
High. Low. Ct
8= PIS
roiiN-
S^S S il
P S
CIATS-
July.
lept.
„ s
)cc 36 Mg 36*
■Efe {?:£
Jail
LARD—
9,rt 9.16 9.0
Oct.... 9.16 8.16
glllES-
*&:• l:Wt I:8«
Jt.... 9* 920
UAHII WRBAT-
No. 3 red N<v 8 do
y.o. 2 hard wlnl*r UVMri9: No. 3 .!
T7H: h|>flllt( A't'-t'l* i. N
do f6VMT7lto.
w I,.nt
mlvnnoo In prices In
May 1. Thl* I* In the face "of the re
cent unfavorable development* and I*
regarded a* ino*t slKnlflcant. Lard
ha* advanced 3d, back* nre up 6* 6d.
Cumberland* 3* nnd hnm* 8*. Hklnned
ham* have become scare* and bring | Hogs
lc or 2c a pound more than before
tho packing houso scandal* wero made
public.
David William*, n banker of Web
ster, S. D.. who was bore yesterday,
said tho ntmospherlc condition* In tlio
Northwest wero such an might dovolop
black rust If continued!
Reports from Grnnd Fork*, Carring
ton, Larlmoro and P*rk River, N. D..
•ay there wo* no black rust In those
sections, nnd crop prospect* wore never
better.
CHICAGO CAR LOT8.
Today. Tomorrow.
LIVERPOOL GRAIN MARKET.
NORTHWEST CARS.
Tbe following ftirurri giro the northwret
care today. last week and last
Toflay. W.
Minneapolis...
I .nut
47
317
24
Occidental Fruit and Produce Co.
siKCOKFOHATiDs
WHOLESALE FRUITS AND PRODUCE
AND CENERAL COMMISSION MERCHANTS.
HEADQUARTERS FOR BANANAS, PEACHES AND CANTALOUPES
— THE HUSTLERS
J, M. COPEL1N, Pres. JOS. C^JiNTISON, Mgr.
2 N. BROAD ST. ATLANTA, GEORGIA.
ATLANTA NATIONAL BANK
ATLANTA GA
C. B. CURRIER, President. A. E. THORNTON, Vles-Prrafd.nl.
H. T, INMAN, Vlra-Prrald.nt. GEO. R. DONOVAN, Cashier.
JAMES e. FLOYD, Aran Cs.hl.r,
Capital $504,00*40
Surplus and Undivided Profits $500,600.40
We Solicit Your Patronage.
Vs
CENTRAL BANKS TRDST CORPORATION,
CAPITAL $900,000.00
If yoo contemplate opening a new account, or changing your present
banking arrangement, and wish to connect yourself with a strong, oonrarv-
atlve bank, fully equipped to serve you a. your business Ju.tlfl.s, are
Invite yon to call and tglk tbe matter over with ui.
Ah G, Candler, President.
W. H. Patterson, Vlas-President A. P, Colas, Csshlor,
John 8, Owono, Vleo-Proildont Wm. D. Owons, Asst Csshlor.
Niw 0rli»i
ccrrTON^GF&ift, Provision's,^tocks^i
BONDS,
10. 3 Wall St., Paltn BoRd/if, Allaala, 0a.
HIM BEKS: _ . ....
"* ?•* fAHkiag, WS&aSl £d£ra
v fork Cotta* luhaaga.
B.CCOTHKAH Maaayr. *
Hew Orleaai Cotta* iukM*qt.
Llrerpool Cotton AttooeUon.
Print* Birrs to Hew York, Mew Orleaat, Chicago.
§an Hoaa 1262.
Standard t
WM. L PEEL. Prraldrnt
ROBT. f. MADDOX. Vlre-Preo.
TII03. J. PEEPLEB, <
JAB. O. LESTER.
MADD0X-RUCKER BANKING CO.
CAPITAL $200,000,00
SURPLUS AND PROFITS .... $500,000.00
ACCOUNTS INVITED
We invite accounts of individuals, corporations, banka
nnd bankers and offer tho best terms consistent with
conservative bnnldng.
f 3 1-2 por
In our Saving* Department w* allow Interest at th. nat
cent. Compounded Semi-Annually,