The Atlanta Georgian. (Atlanta, GA.) 1906-1907, July 14, 1906, Image 15

Below is the OCR text representation for this newspapers page.

■against prices believed most op shorts had covered. Only Sustaining Influence Further Rain in the Eastern Belt. Was Bf Private Lensed Wire. York, July 14.—Business at oDenlng of the loenl cotton market was jZutf qulft. Room traders were ngnlnst market on the idea that most of the local aborts bad covered sustaining Influence w— * tsatcrn belt. SPOT con ON MARKET. Atlanta—Stead*. 10\c. fiew York—Quiet, lu.90.. yew Orleans—Quiet, lie. Liverpool—Quiet, f?.12d. Augusta—Steady. HHc. Savannah—Steady, 10* 4 c. ML Louis—Quiet, 10T*c. LIVERPOOL COTTON MARKET. •peculation and export 600; receipts. 6,000; American 4,000. Futures opened easier. Opening I lUnce. Close, July July August. August-Sept. Kept.-Oct. . Oct.-Nov. . . jtor.-Dec. . . pK. Jtn. . , Jin.-Feb. • • Kfti.Mnrch. March-April. ....6.74*6.76 6.76 ....6.70 6.70 , . .6.66-6.66 6.66 . ..5.65 5.65 . ...6.65 6.65 . *.6.65-6.66 6.66 Previous Close. 6.6S 6.84 6.77 ' 6.72 6.68 8.67 6.67 8.68 6.69*5.70 6.71*6.72 TODAY'S PORT RECEIPT8. Tbe following table shows receipts at tbs ports today, compared with the same day fast year: NEWS AND GOSSIP Ot the Fleecy Staple. Print* Wire ,o Wnr« * L*lanl >ew York. July 14.—Market opened very quiet and about os expected on Liverpool cables, with scarcely any commission busi ness In evidence. Norden and few local scalpers sold n little cotton. Liverpool futures opened quiet S down on near and two down on late. At 13:30 p. m. 3 to 3 down; quiet. Sales 6,000. Spots 6.13; unchanged. Futures were duo to come about one down. Liverpool cables: "Market affected unfJ,’- oruble l*y poor New York reports. FoUowln, cotton on the New RANGE OF NEW YORK STOCK MARKET FOLLOWED LEAD OF HIGH- An ‘; 1 T. 1 f S, PRICED ISSUES. ' is Is the statistical position of Friday. July 13, ns made up by York Financial Chronicle: I.nst I Visible supply... *72M28 flj&SI 3.2®,793 American 1.428,428 1.803,266 1.278,793 ..10,620,960 10,664,894 12.868,416 68,066 60.3S9 124.746 27.441 2:?:. 4.-j 65.45; i4.*>;* 24.345 174.732 sight... 'or week.* ______ ’ort receipts.... Stocks Exports Interior receipts Shipments ...... Stocks List Week. L5."0n 8L693 43,668 • 11.81*5 189,617 New Orleans. July 14.—Tbe weather mop shows heavy rains over the snore central pontons of the cotton belt and extending into the districts In the Host, where rain Is not wanted. The net stock of cotton In New Orleans s 32,490 bales, against 43.893 at-this time ast year. The amount of cotton on ship board Is 13,060 bales, against 14.4S1 last year. Private Wire tn Gibert * Clay. New York, July 14.—Liverpool closed * points down. It was expected 1% down. Ilutton & Co. will Issue their semi-month ly report at 11:20 a. m. Tuesday. (This Miss Giles* report.) New Orleans, Jnly 14.—Liverpool 2 points down closely approximates expectations. * decline of 1 to 2 points was due. roreHi umiKiey. [lock clean, well worked and growing i 1y; fruiting well. Nearly nn Ideal < don. Heavy rains In localities, hnt damage so far. Good rata at Little Uock, which waa needed. Prices Shaded. Later on Profit-1 »:?,**- Taking—Bank State ment Favorable. ■«! lean Cotton Oil more and Ohio tlyn Rapid Transit nan Pacific go nml N«*rtiiwestern.., ipoake ami Ohio. Central Loathe pi *d . Ware A Leland'e Deify Market Letter. New York, July 14.—Owing to tho extremely narrow fluctuations and the absence of general trading In cotton at the present time, It was not surpris ing that prices should move off Home 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 edrry on the rise. Profit taking and some short selling started a reaction of about 10 points. Than wort many com plaints of too much rain In the Atlantic states, and until the rain stops thero the market Is likely to be more or less influenced by this development. In general, however, tkt mark* If steady, and prices fall to decline much under 101-4c. The comparison with the Au gust report two years ago Is not like ly to be a bearish Influence, and this will tend to prevent short selling for •ome time. On a further decline some improvement is likely. New York, July 14.—Selling appeared In Reading, Pennsylvania and Coppers, but Locomotive was a bullish feature on aggressive buying against shorts that was also witnessed In Colorado Fuel. There was talk in London of 15,000,000 gold being negotiated for by New York bankers that will probably Include Australian shipments. The bank statement made a splendid show ing, reserves and money Items Increas ing and loans decreasing. Surplus re- terves $12,880,000. Transactions were ■mail during the last half hour, the market weakening to some extent, with indications favoring a lower range all •round. WORLD’S VISIBLE SUPPLY OF COTTON 8w»r#ury Hester's statement worlif* visible supply of cotton shows a | for the week 147,662, against a do- 7 “ r * n<1 • ,lecr “" frar before last. Of thl» the total or Affi-rktu, rotton I. *fl»to*t M1MH •itW.Wt before !»•«. Tlw -tou 1 world'* ririble 1.1L, , . w * * «l*er***e. romp..™ ...... — »»k of 1(7,852.-. jrrrraw compand wit* “■> °f (*.145. and Inrrraa. compand or ib. world’* visible mpply^of^ cotton |, efor ; ta ',t ot 853,797, Or tbe world'* aland* snppl. If now afloat and held w Si uif ; ! nln . ,t M5.000 laat year, and (51000 WhLo°r** lost; and In the United States S*- "nlnat 543,000 laat year, and =3,000 r«r before last. CHRONICLE’S WEEKLY CROP V. „ AND WEATHER REPORT tor*. Jnly 14.—Advtre* to u» by tal- I;, E ’ h , fr °m tb. Sooth tkl* rrqatow S*. Hint th. wnther b«* ronilnn.-d fa- n?™ «a ■ rule dnrinfl th. week. In 2f u ®oat .toetlo*, of tbe belt rain haa SS” ““drratoff on tbe whole, but In a ntk.l f l,, *o tk* precipitation bea been hoery. While moat of oor eorre- SK .’!? SZ TUBBS'S tn <l that th* plant la amall. Qlbert & Clay’s Daily Market Letter. New (Orleans, July 14.—Options In Liverpool declined on selling by longs, who had previously bought on the re action theory, owing to the repeated rains over the cotton belt Spot quo tations were unchanged, sales amount- ing to 6,000 bales. No new features have arisen to ahake market out t>f the lethargy Into which It has so deeply fallen, nor has a more general Interest on the part of outsldo speculation been manifested, despite the fact that ac tivity at this, the critical period of the crop, could reasonably be expected, to gether with a wider scop* ot prlo* changes. Thus, the market left alone, trading Is almost entirely confined tc the scalping element at the ring side, whose opinions as a rule are not fixed, lull change with the advent "f each now Instance of the weather. Tie- short interest linn displayed of lute some nn easiness owing to the constant and widely distributed rainfall that linn vis ited the cotton growing districts, and through their covering has lent a cer tain amount of steadiness to the mar. ket’s undertone, which has at times 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 bo 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 em* lines and support appeared to eom* from a covering movement of a professional character. It Is perhaps possible that the presence of Secretary Shaw In town this week has brought about a better feeling regarding the mdnetary situation, and certain assur ances yesterday In the news Items were of a kind to Indicate that the treasury department would como to the relief of the local situation through the Panama bond Issue. In any event, most things point to large gold Imports, and It only requires the extension of certain faclll- l lev to nil Importing houses to make tills suggestion an Important reality. The near future of the market may develop further liquidation In certain directions, hut we cannot believe the present level of values or such levels os 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 York,.Jnly 14.—Tbe San seye: 'Tate heavy rein* In Gtorsla and North Caro lina and South Carolina are said to hara done barm, although the state report, dated the »th Instant, make, no m.ntlon of anything of the sort. It ladleitra, on tbs contrary, that rains ware needed In mora than one section of tbe state. How ever, the belief her. at the moment, at least. Is that soma damage may hart been done, and It la alao feared among some that tbe Augnat report mar be bullish. The state reports from North Carolina and South Carolina mention eiceealve mini and conelderahle -damage In North Caro lina. The autistic* are considered to fa vor the advocate, ef bettor price*, the movement of the eroo I* amall,. cotton goods ar# aald to b* aelllng very well for later j * . ther report* and the bnllifit etatladcs, bear* are more ranttoM., .ml tome of them have even taken tbe null aide for a turn. Wall alraet house* bought, bnt they are mostly only mod erately bullish, stating that mere amtlmeM for the moment faror* a. rally, wtnle. In on* Instone*, that of a boo*. *bb-U baa bought freely for two day* P*Jd. *PfiWM that Its opinion* ar* really still bearlah. Bom* of the eleventh /koarOenea* "hntl* were aald to have sold freely yaatarday through ration* broker*. The Lite* report, which wa* to hare been lamtwl at noon, waa postponed until next Toeaday. An Idee tESt ft would b* balhab eaMad buying m£RT ** *■ ALABAMA »T. GIBEIRT A CLAY STOCK*. BONO*. COTTON. CRAIN, come, phovuion* MEMBtM: ATLANTA, OA. Chicago ami ciro/it Chicago, Milwaukee and Ht Paul..*. Data warn nn.l llu.is.-n .!!!!.!!. Distiller's .Securities By Private Leased Wire. I c 1 o‘ nref•• neti‘) New York. July 14.—The weekly bank | ^Electric ....V.V.V.V.V.V.! . „ ..——— Seen tit lea*. ********V*V***V*V*V*V** * * • and uneventful Wall street market. | Louisville nml Nashville •nn Central , <arl Pacific V average system a year ago, cash hold- New York. Ontario and Wettern. Inga were shown to have gained $3,- I National Load 200,000, while, ow!n& partly to soma I *i or tJ J £ rn Pacific.. special repayments In other directions, I CJJLii*” ***** loans decreased $14,344,000; In conse- I l^onnivlvonla" ( n quence surplus reserve rose $6,365,000 I ivonle's Gas..*!I!!I!!!I!!o!I!!***** * to & total which, although less than the Preased average of former years, nevertheless I «lt*. preferred makes a far better comparison than I ilall.. for some time past. I ISSi^lL The stock market ended fractionally noi-k isinnVr...' higher on the day. I do. preferred.. Prices were up In London and slowly |0alted states Hub ubber....i appearance of the bank figures dttul- tory selling was resumed, and a good 1 Sou * 1 ~ 1 er “;-?#!!!?.J* y part of the early gains thereby ds- IfSoc^Bheffleld strayed. The whole movement, how- |Tcuneuee Coal* ever, was quite Insignificant. AI Texas and Pacific..... squeeze of the short interest In Amerl- I’nlon Pacific. can Locomotive shares was the only Limed .Sfotcs steel font tiro I do. preferred............... * rail mnmv ten a r.a»M Vlrsinla-Cnrollnn Chemical * tall money 2 1-2 <b 2 3-4 percent. preferred * .... Sterling exchange 4 811-204 85. Western Union The stock market opened strong fol- Wabash lowing the lead high price Issues.. The I do. preferred. general list averaged from 1-4 to 1-2 1 ™ Total snles of riocks’todsy,'209|366’ih«re’fl‘’V higher. Heading was up 3-8. After the opening trading some profit taking developed, which resulted in prices be ing shaded slightly In some quarters though the general list maintained the Initial gains fairly well. LONDON 8TOCK MARKET. -\ RANGE OF THE COTTON MARKET STOCK- Amalgamated Copper. . . Anaconda Atchison. . . . do, preferred Baltimore and Ohio. . . fnnndinn Pacific Chesapeake and Ohio. . . Chicago, Mil., St. Paul.... Erie do, preferred.. .. .. Illinois Central Mexican Centra! Missouri Kansas and Texas, do, preferred.. New York Central. • . * , Northern Pacific Norfolk and Western.. .. . Ontario and Western. . . . IViiiiMyl vnnlfi Reading.. Rock Inland. . . • • • ...... Southern Pacific. Southern Railway. . . Union Pacific. United States, Steel. . do, preferred. .... Wabash. ...... .... do, preferred Denver and Rio Grande, o, preferred AT NEW YORK. The following is the range in cotton futures In Now York todav: uit Previous Open. High. Low. Halo Cloae. Close. Jnly 10.17-20 10.22-23 Aug. .10.81 10.31 10.38 10.26 10.26-28 10.33-34 Sept .1^3S 11.58 H.35 10.35 10.S3 $4 10.29-40 Oct. .RUl 10.41 10.87 10.88 10.38-39 10.43-44 Nov 10.38-40 10.43-46 Dec. .10.46 10.47 10.44 10.44 10.44-if. 10.49-60 Jan. .10.61 10.61 10.46 10.48 PUS-43 10.64-66 Fob. lfc49-61 10.66-67 Mcb 10.48-60 10.63 65 AT NEW ORLEAN8. The following Is tho range la cotton futuree In New Orloane today: Last Previous Open. High. Low- Sale. Close. Close. July .11.06 11.11 11.06 11.08 U.12-19 11.04 Aug. .10.87 10.67 10.67 10.67 10.W68 10.C8 Kept .10.47 10.47 10.47 10.47 10.47-42 10.4M Oct. .10.14 10.16 10.82 10.22 ‘ ^ E . .10.33 10.12 10.6 . .10.37 ia«7 10.24 . .10.41 10.41 10.41 Feb Closed’iten'Jy* TIPS PLASHED From Wall Stroot. | Private WIro to plhert A- Clay. . 14i«i|14i4i'l407fi New York. July 14.—Daniel Odell & Co. 880k| 334» 33Vj j "There Is no apparent reason tho inflrkf't * 'lOOVs I moves downward, is suddenly checked nnd “ rallies only to meet some stock, nnd re turn to n dragging condition. This la In dicative to iih of tlio indifference of hi unit mi'M i ticiiivii it ii Afi nun, __ checked, nnd tho very fact . Cl I that InaMt-ra nr** In ahnpo to rIi«-» k <l<* ATLANTA CLEAR I NO I tnorallzntlon should not bo overlooked HOUSE 8TATEMENTI When this liquidation of corporate nnd In — ■ I dividual necessities shall ceaae, we nnticl- (Darwin O. Jonee. Manager.) 1 t ftt0 advance In tho general Uet. July 14 T$ t«i 948.96 The general sentiment Is very boorish at KsroV 'd.r Uit ;Mr.’.! IK,'808.64 Prapot. howorer, nnd until there I. a mere Week enillnx July 14........1 4,««7,343.74"I'tlin .tie fccllug, we coun.cl con.orvn- Same w«k la.t j-ear 3,500,433.61 tlsm. M’CULLOUGH BROS.’ FRUIT Marshall 8pader & Co.: "Whatever takes Atlanta, July 14.—No apples In the market i pe except local receipts of home grown stock, I LT, suiting of early varieties and Br'""- 1 ginning of.tbe end of iiqu. * good results from tho vlalt of Hecre- ... # , .«./ nimw to this city, and some bet- w support to the market to follow.*' uuriug nn- nrtrik. «viiw<a ..»« vv’vr?i Uptown Sentiment: On tho whole, sen- receipts to meet requirements with high I timent uptown with respect to tho iuitne values prevailing. I dlato future of the market Is about as No change or consequence* on lemons, I much mixed ns It bat been nny tlrao dur- cither as to values or demand. I Ing the decline whlrb has been In progress No oranges In tho market of any char-1 nI most uninterruptedly for some weeks, acter. , ^ ^ | Men representing large commission lious- brokers on the So " The recent glnt on pineapples has cleaned I on tbe floor say that during Home of these have Informed M rn bought at thla time, and — .that they aro noting upon their own opln- ^BpsoRlog. boing fur-1 j OM j n a ,. U |et way. The absence, how- truckers direct to the | PT pf sustained having of a general ■r tho speculative In- end good prospects. Peaches plentiful l_, variety, quality and condition < at trom 76c to $1.26 per crate. Vegetables, generally speaking. niched by the local truckers direct to ineipycr, of austalnei. __ _ retailer and consumer. . I character loads many or tho specuiat Tomatoes may be ctaaeed. nnd properly terrsts to believe that eaplttllgta, _ *0. an exception, being scarce: In fact, re-1 whole, do not believe thot tho time bns celpts are nothing like sufficient tq meet I come for buying storks on a largo scale, requirements n ml .high prices prevailing. I either for Inveetmeut or speculation. The A very • non cep We reaction Is noted in I opinion la very generally expressed that cantaloupes; In fact, these goods J tho market will urlft along within a nar- end variety are selling readily at prices row range until men wltn large means •etlafactory to all parties concerned. . arc more confident with respect to poll?- The seme condition may be applied also irn | mt ttcra end various other qaeetioos, t a full meeenre to watemetoaa. which ere now regarded as potent fee- Roth new end old Irish potatoes scarce tori , n tht itock market j£:3ri'rM£. " ; " lnK " lM 1 «w«>jnr» v w ♦ m*. Onion recHote nla»ut equal to demand nnd I New York. July 14.—London pji—__ —. conaumntlon at nrices quoted. I hut later developed a much better tone ^a5 SSSfSln dffiml prevails for cabbage and closed firm et about beet price* Kef. summary: Parle bourso closed today. The treasury will deposit proceeds of the Panama bonds with the banks. No change in Consolidated Qas dlvl dend expected. Atchison surplus expected to show 11 1-2 on common for the year. Steel authorities nay there has been n*. m<'ri>rodih’tl'*n <>f flu* m«*t/il. might reduction in Bessemer quotation li Pittsburg. • Elghty-ono roads for May show nr orage net Increase 12.67 per cent, and fbr eleven months 16.80. Indications point to better bank ptnicinonf. Hunks galiwd on th«) week’s currency movement 2629,000. Bradstreet's soys trado and Industry aro of very large volume for the mid summer period. Dun says trade continues far in ox- cess of earlier years and preparations for fall and winter are unabated. Twelve Industrials declined .62 per cent. Twenty active railroads advanced .02 per cent. THE DRY QOOD8 MARKET. NOTES ON GRAIN Polntors on Provisions. Prlvnt® Wire to albert St Clay Harriett, Frasier Co. fnlr seller, of May nhaat. Looka like rood place to buy Atlanta A Samuel bought September wheat. Lake buying May. ■ Our crop expert vrlr,\, from Ornce vllle, Minn.: "Wheat looking good on high land. Hot today and threatening nun.” World'* ahlpmenta: Broomhall cat! mat*, world 1 * oMpmmta for Moaflty at <,100,000 hu.liels, of which Furope Is expected to take about 0,000,000 bush el.. Actual world', shipment, laat week were 1,010,000 buahels. and a year ag 9.f42,000 bushels. A decreono In sup- les on passage is expected. Record-Herald: Grand Forks, N. D.» wlra: "Unless some unforseen dlsas ter should Intervene between this time nnd harvest, this state will have tho greatest crop ever harvested. It Is not matter of locality, but from every portion of the state, with tha poaalble exception of a few' places In tho Red river valley, the reports are tho same. The season haa been almost perfect for all tha land outside of the valley. Thare haa been Abundance of rain and so distributed that it has simply kspt the crop on the constant Jump, and the slxo and vitality of the growing grain Is noticeable everywhere. "Wheat bears claimed that the farm er had loaded down the wheat bull bare with about 8.000.000 bushels of cash wheat In the last ten days and tha^ diligent prodding of the market had only enabled wheat to show tw successive days Of advancing prices. "Following from Minneapolis: *llave talked with fifteen elevator men cover ing three states, and according to their reports from their agents nml superin tendents, conditions over tho enttro Northwest eytramely favorable/" Private Wire to Ware A Lelsnd. Chicago^ July 14.—Inter Ocean: Cash auijr ii.—imer ucran: uosn business In wheat in Chicago yester day WOO 16,000 bunhela mixed lota Hales of com were 240,000 bushels nnd oats* 116,000 bushels. Kansas City reported a round lot of wheat sold for export. New Yorlt sold 80.000. bushels, mostly Durum, to go abroad: also 24,000 corn and 120,000 oata. Country holders of corn became good sellers yesterday, one house buying 140.000, tho largest In several weeks. Tho Increase In purchases to arrive led oorarnl of tho large traders to strongly advocate the selling of September corn In anticipation of an Increased move ment, and the buying of May, claiming that there will bo 2c profit In tho spread. Last year this spread was moat unprofitable, as September went In*111 :« I- to 1“ :i 4.- over .May In the month of August. Koreignfra are evidently getting out of supplies of American meats nnd think nraU of them. Judging from tho advance in prices In Liverpool since Mny 1. This Is In the faro of tho re- rent mifavouiliN* developments nml If-- regarded ns most Blgnlflcnnt. Lard haa advanced 3d, bncks nre up Cs Gd. Cumberlands 8s nnd linms 8s. Hklnned hams have become scarce nnd bring lc nr 2c n pound more than Lefor* the packing houso scandals wero made public. David Williams, ft banker of Web ster, 8. D.. who was here yestorday, hmId the atmospheric conditions In tho Northwest were such ns might develop blark rust If continued. Reports from Grand Forks, Carring ton. Larlmoro nnd Park Hlvar, N. D., say there was no black rust In those sections, and crop prospects wore never better. WHEAT WAS FIRM AT THE OPENING DUE MAINLY TO FAIRLY SAT' ISFAOTORY CABLES. Rains in. Northwest and Very Small World's Shipment! Additional Factor!. By Private leased Wire. Chicago. July 14.—Wheat was Ir regular and unsettled, but price changes were not broad, and the close showed net losses of l«fc and l-4c for \he day. C-tm \< ;im wen! l-2o lower. Oats S-8c i and provisions 2 l-2o nn nnd ; nnd l-4c md 3-4c 1 il 12 l-2c low- Conslderabl© wheat was covered on 'J nliro.'id, while coarse grains wero sold on showers and prom 's* of more In the corn nnd oata belt. Primary receipts of wheat were 956.- 000 nnd corn 310,000 nguinst 637.000 nnd 491,000. respectively, n yoar ago. Clearances from the seaboard: Wheat, 316,000; corn, 79,000; oats, 2.- 0#0. Cash sales were small In all posi tions, being confined to a few boat loads of wheat and corn at the sea board and small lots at Chicago. CHICAGO GRAIN MARKET. nigh. Low. Close. 77*4 m 2% Open, WHEAT— July.... 77% kept.... 79% tv ** Tun, Dae..... 20 I0H 19% CORN- fc m „ Dee,,.. 42% 63% 61% OATS— July.... 38% Hept.... 3S'4 Dee..... 36 I’ORK- Jtily... II 60 lB.flni 18.80 Sept.. 17.36 17.36 J7.30 Jan... LAUD- r ir m SIDES— July... 9.47% 9.47% 9.43% Kept.. 9.47% 9.43%- 9.37% Oct.... 9.20 9.17% CASH WHEAT— No. 3 red T9%fr**;; _No. ........ No. 2 hard wlnt'-r 75%^/79; No. 3 do rt%: ,Vn J norlhiTii aprlng No. 8 do 76%CT78%. 49% v 97% 9.19 9.12% 9 42>j 0.17M 17% tr7»; CHICAGO CAR LOTS. Today. Tomorrow. LIVERPOOL GRAIN MARKET. NORTHWE8T CARS, The following figures give the northwest cars today, last woek and last MlnrienpoIlH I>uluth Chlcaxo .... for os liuyers are coneerne«l, bnt while the movement of goods ia small, ronfldvnce Is steadily growing. A revival of export business to tho extent of taklM the en. tiro nvallablo product of 4-yard sheetings Is the most encouraging feature of tho last two days. SOUTHERN EXCHANGE Oldast Established Office South. conon —stocks boko* —wain Ground Floor Oould Building. Dally market letter nnd market manual mailed on appllrallon. ■'tSSS* toSSla* r »t TM7 tow «to«: to the secmnnlsted remnants In this market malted In a nrerere to a flint rrenltlni more or le** lo« tn tboM barlnfl an r ” ,1 lIu!*' , fi^*ny I1 e6*n*i ii ln batter. flr* bare Improrad. London about parity **rly. Farertble bank (tatement expected. Tbe demand for Uolh Ur* nnd dre»«*d I pwfftry renlnr *nd *etlre nt quotation I "mte J&nS raKl r. IPRICES BARELY HELD OX TURPENTINE r^!nn*b, T1 li».?' < itlljr B i4 J -For th* p*«t I week th* prire of >plrito b» hnnt *t 67'Ae tbooch on more than une orri^un It luial been *• moeb u • barnln to hold tbe price. Had It not teen for ttie entrance! f tbe Btandard Oil *t tbe r.rj lint moment Sc wonld bare been tonebed. A* the week I rntod the demand w*» *om*whnt dlmln- l.ti.-l- It It conaldered poarihl* (hot nnr day th* lower price may be touched, thoukli ■ |l* hellered ih»t there It no danre* of I lee xolnx lower than 57c. The re-1 MP- were In fairly flood Totnme. lftrin* dnrinfl the week ahimi il n decided decline, erere flrede .ufferln* more or lea.. The Week »nrte.l with wnterwhlte at K. and cloned with that «rad# quoted at It73 other coulee tasered in le*. mca*uro. The | chance* aeetn food for a reeorery of n part of the Ion* dnrinfl tbe rernln* week, a* nntoward rlrcnm.tancee, aride from nat ural cauaea, tended to depre** th* market. tradera may mmuL-JS ... _ Indication* of tbelr beln* reflected In Wall street, New York, July 14.—Dow-Jon** LJ. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Correspondent's Capital $250,000 RCrCSCNCC, THE NEAL SANK PHONE MIT. PRUDENTIAL BLOO HUBBARD BROS & CO •I MERCHANTS Atlanta Offices. 219-221 Century Building. Members New York Cotton Exchange, New Or leans Cotton Exchange, Liverpool Cotton Aaso- elation, Chicago Board of Trade, Now York Cof fee Exchange, New York Produce Exchange. Business solicited forth* above exchanges. Direct wire service. Correspondence Invited. Phones 454, Long Distance 39. A. S. Huatace, Mgr. Occidental Fruit and Produce Co. WHOLESALE FRUITS AND PRODUCE AND CENERAL COMMISSION MERCHANTS. HEADQUARTERS FOR BANANAS, PEACHES AND CANTALOUPES THE HUSTLERS J. M. COPELIN, Pres. 2 N. BROAD ST. JOS. CENNTISON, Mgr. ATLANTA. GEORGIA. ATLANTA NATIONAL BANK ATLANTA GA. c. R. CURRIER, President. A. E. THORNTON, Vlc*.Pr**Jd*nt. H. T. INMAN, Vlc*-Pr**ld*nt. OIO. R. DONOVAN, C**hl*r. * JAMES a. FLOYD, Au’t Caihtor. Capital $500,009.0# Surplus and Undivided Profits $500,060.00 We Solicit Your Patronage. V. CENTRAL BANKS TRUST CORPORATION, CAPITAL $500,000.00 If you contemplate opening a new account, nr changing your present banking arrangement, and wlah to connect yourself with a strong, conserv ative bank, fully equipped to servo you ab your business J istlfles. we Invite you to call and talk tbe matter over with us. Asa G* Candlsr, President. W. H. Patterson, Vice-President. A. P. Coles, Ceehler. John 8. Oweno, Vloe-Preoldsnt. Wm. D. Owtnt, Asst. Cashier. contract has Increased la value, thereby Improving the southern market from the viewpoint of tbe buyer of bulges sod of the seller af sctoal cotton, because mini- mixing the tfdtrleh effect of uadeairaMe tenders. The ideal contract should favor no commercial grade more thsu another. Meanwhile, nenamental support fmrttaoes come to tbe aid‘of the new crop frotn ^ISSiSSiS8«£ ! KB85?5-iv;n*SrtSMi j"•. - :4i .nd Lena DLUnni'’SMfc R. FAGAN, M-toner. i^. ^.,.1 ' L 9 ysrft. Orlteet. COTTON^GRAI^i ^ROV'ISIO^IsTOCKsPbONDS, He. 3 Well Sf., Ftlttt Building. Alien!e. Ct. HI ill BIN Si Hew Yerk Cell" Uchange. ChUngo Board el Trade. Hew Omm Cotlen bdi-p CHkago Sletk laehangt. Ilaernool («ffM Aaaeilallen. Ht» Yet hit ale W‘— ** *- fefi PkcM 1247. for* Collee itchange. Standard Pbont 396b WM. U rEET*. President. IlOBT. P. MADDOX. Vic TliOS- J. TEEPLES. C JAB. O. LESTER, MADD0X-RUCKER BANKING CO. CAPITAL $200,000.00 SURPLUS AND PROFITS .... $500,000.00 ACCOUNTS INVITEO Wo Invito nccounts of individuals, corjiorations, hanks and bankers and offer the best terms consistent with conservative bnnking. In our Pavings Department we allow Interest at the Rate of 3 1-3 per cent. Compounded Semi-Annually.