The Atlanta Georgian. (Atlanta, GA.) 1906-1907, July 16, 1906, Image 11

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STRONGJN TONE I At Midday the Entire List Showed Advance of From 9 to 10 Points. NEWS AND GOSSIP Of the Fleecy Staple. A fire occurred dork stores No. 16 i ■troyed. : Traders attempt nlns, after a favorable evidence of the little int growth. Mterday In American id 2,212 bales were de- I jxtlv rains factor Induced Good Outside Buy ing and Shorts Cov ered Freely. I The market for cotton futures In »w York has shown more strength ! today than for some time. ■Mpi| The buying has been of good charac ! ter. and Is based on unfavorable ad rice* from the growing crop. gherts displayed considerable nerv outness and covered freely. Price puts out the following: "Cotton advances without effort. Is depressed only by most strenuous endeavor. At lantic states nearly flooded. Area of excessive rainfal seems now to include Mississippi valley and North Texas. The incipient bullishness is sure to de velnp Into a broad speculation shortly.' Jr PrlTAte Leased Wire. New York, July 16.—Tho cotton mar* I ket opened steady. 2 to 7 points higher, In response to tho heavy rains in the eastern belt and steadier cables. There was a moderate trade through commls lion and considerable covering | ahorts. SPOT COT1 ON MARKET. ly at 11 13-16c. . ... . ilot and steady at He. Sales 154: delivered on contract 800. New Orleans—Quiet at lie; sales 750. De- llrered on contract 600: to arrivo 150. LIrer[«K»l—Quiet at G.10d. LIVERPOOL COTTON MARKET. Liverpool, July 16. 12:15 p. m.—Cotton, •pot quiet, with prices quiet; middling up lands 6.10: sales 6,000* American 3,500: spec ulation and export 500; receipts l,2w; all American. Futures opened enslor. Opening Previous Range. Close. Close. .,..5.83-5.82 5.84 5.85 ...5.79-6.81 6.81 6.82 ....5.73-5.74 5.73-5.74 5.75 ..5.68 5.68-5.69 6.70 ...5.64 5.63 5.64-5.65 *6.66 . .5.63 5.63-5.64 6.65 , •. .5.63-5.61 5.63-5.64 6.65 ^.5.54 ,i 5.64-5.65 6.66 1 IMtir* e e- Jaly July-August.. Aug.-Sent... Sept.-Oct.. I Ocf.-.Nov.. N'or.-hee.., I»ecJnn.... Jsn.-Feb,. .< Keb. March IM4XT Mf March* April 6.67-6.68 5.G8 5.69 Clo«e<l quiet. / TODAY'S PORT RECEIPTS. The following tnble shows receipts nt the GIBERT & CLAY’S DAILY COTTON LETTER Xew Orleans, July 16.—Foreign news was I pnerally scarce, probably due to the fact tMt Liverpool furnished n featureless mar- Mt. notions elosing steady nt a Iom of 1 point from Saturday levels. Spot sales were •.WO hales. 2 points lower. From India 2 mere are fears Of a dlerm- I rainfall, aud the rainy season Is ! « vital Importance there. Some good buy- “X In New York on less favorable crop »«*ourns was reflected In the higher open- J* "f the local market. Little attempt w*» mnde, however, to further tho natural •^vantages gained and market prices re- ■“in.xi steady at the advance. Rains have ■*»iu iM>en general over the belt, and ■{microns advices have been received eom- puinlog of damage through excessive mol*- I we. in Texas especially fears nro ex- pr*n*A,i that the wet weather will cause i Wfcnscd activity on the part of weevils. V n *hc other hand, private advices from Arunms are fraught with exceedingly fav- Wable existing prospects and Indicate that heavy rains have been very beneficial J* thw plant. a statement which largely !T"r» out past records and present theories Juiys do not necessarily militate ■fdnst prospects for an excellent yield. WEEK IN COTTON WAS FEATURELESS Orleans, July 16.— 1 TImes-Demorrnt: /n fhe week the cotton market neither nor lost genuine friends, developed zl ^sequential tendency, brought to light i,!* * • ***q Influences and accomplished noth- J;* w °rth recording. For the most part i rro P w **ther has been favorable and !■ m pr ? ip * ct . ,n the New Orleans territory un ( 2r? t . e . xe * ,I#nt * Wh, le there is now less Zr'l'ntT over tba plans of the July bull the position of tho straddler who'bat Cl" ^ugut In the drag-net has not been U>> widening of spot dir t- locally, nor by tho hesitancy of wr^^ snippers of July tender cotton from N«?w Oa the week New Orleans lost an ,’ n nilddllng spots and gained 7 points •* October option. COTTON SEED OIL MARKET. July 16.—The market for rot- was qulet_on Saturday. with were no sales Inclined to £WS& hLT! 0,1 quiet on Sat jKS J 1 * 0 ^ steady. There wc "ported early, but buyers were The Journal of Commerce says: pared to market conditioim of the present situation in the dry’goods Is regarded as more healthy and mon. neat. The price levels of the more Import ant .staple lines have been thoroughly t STOCKS OPENED * FAIfU ACTIVE Average of Prices Wns Gen erally a Fraction Above Saturday’s Finals. during the last threi vhere evlsio has be< ontbs »ded. Borers have tested the market »ti«U concerning the location <>f !>«•<! Including OSt line: skentlcn rocK. Stocks qualities of domestics, are very lot second hands, ajtd there Is apparently not enough stock among retailers to more that take care «.f current consumption. Coh sutners, retailers nnd jobbers are nil closer to the loom than Is usually tho case at this time of year. New Orleans, July 16.—Liverpool 2 down is slightly disappointing. Was due changed on our market. Our traveling man wires: "IMne Bluff to Texarkana conditions could hardly be ter. Arkansas has best July conditio_ . year*. Texarkana, Clarksville. Paris. Iloney Grove, Bonham, ns n whole, very fine— clean. well worked. fruiting well. Sherman, McKinney to I’lano spotted owing to heavy local rains." fiver is very light. Today’s reports, how- show some fairly heavy rains. Weuth* er conditions nrc cloud Frtvate Wire to Warp St I.eland. New York. July 16.—The cotton market opened quiet nnd about as expected. There wns very good buying of October nnd De cember on reports of too much rain in certain pnrts of thfc Atlantic states. Mar ket nets as though it was oversold nnd mny work up some. Shorts are a little norvoua. New Orleans bought cotton on opening. Carpenter & Baggett selling some cotton. WARE AND LELAND'8 DAILY COTTON LETTER. New Orleans, July 16.—Cotton was com paratively active today, and it displayed u good undertone that carried prices up for an advance of a half dollar a bale, iu spite of the certainty of ronsldernble low- grade Now York cotton being delivered on contract here. Sentiment wns more bullish than It was lust week, nnd shorts were dis posed t<> cover nnd take tie* long side for n turn. Heavy rains In sections of the east ern belt—almost 6 inches In some localities —wore chiefly responsible for this right- aboti-face. Liverpool cables were about as expected, but the weekly reviews concern ing tie* trad* 1 <-"ndlf imis In the Manches ter market were disappointing, ns they In dicated a slackening nil around In the de mand and in accumulation of stocks In the principal distributing centers. Boon nfter the opening It wns generally known that the steamship Proteus would arrive this afternoon from Noxv York with about 1,000 bales of cotton aboard. These features, however, passed unnoticed, nnd prices climbed steadily until they were about 10 polats higher than the closing of Hnturdnjr, at which level scalpers on tho long side were satisfied with their profits nml com muted to sell out. thereby checking the _dranee. Price mine out with some very strong bullish telegrams, which Increased the desire to buy. All In all, the mar ket was remarkably steady throughout the morning, nnd any determined or spectncu- Inr buying would probably have started the crowd to gettlug aboard the band wagon before It wns too Into. During the next week or so It will be n hard thing to deter* mine which Is the band wagon. Deliv eries on July contracts will be put against unfavorable crop news, which will be the result of the present rnlny spell. It Is difficult to say which will be the stronger feature. READING IS STRANGE Market Later Became Dull, Though tht> Undertone Was Generally Finn. RANGE OF NEW YORK STOCK MARKET Amalgamated ( upper (.. Atlantic Coast Line *... American Sugar Refining...*.... Anaenndq American *~ [ Open j High [Low ( AJ ffUl mrlcan‘ f s' dl/pfefei eltlng lteilnlng.. Brooklyn Rapid Transit »do Fuel and Ir Chicago and Great Western. * ’hintgo, Milwaukee and fit. Paul lohtwmv mill Ituilmni.... M stiller - a Securities... Louisville and Nashville i * *.g I'lev. Bla fCl’aa. TRtrTJsr ..... ic 1»*J Lv'a 1.W 225Vk 6RS 68 112 US 143%i 142% 115'41 ll’» 87*41 MV* *%] 29* 2**4 116W.I 115S 2%i ps pS Id* 156% r.*6u r*«v York, Ontario Narioi Northern i’aettic ' r York Centn folk nnd Wes •»,»le tins... By Prlrate Leased Wire. New York, July 16.—The stock mar ket started the week under the moat cheerful auspices. Foreign markets M . showed decided Improvement In nil do. preferred branches. Consols nnd other Invest- 1 Pacific Mail ment.Issues were fractionally higher. Rock l ain ml brisk advance occurred in South African mining shnres on tho favorable report of the Transvaal commission ap pointed to Investigate the much agitat ed coolie labor question, and the list rose smartly. Our market, In addition to this turn for the better abroad, was helped by the gain of $4,600,000 with which tho local banks started the week at the sub-treasury and tho consequent easier tendency in money rates and by the lmpreslson which had sunk deep at the close of the week that the stock market was pretty well oversold. Following the London quotations, the stock market opened firm with tho gen eral average of prlcOs V& to % abovo Saturday’s Anal. Trading at the outset fairly active. Reading was the strongest stock, opening up a full point, though it lost half the gain. After the opening trading the market became dull, though tho undertone held gener ally firm.. After on early reaction In the trade business became strong, and during tho rest of the first hour prices advanced sharply, with gains In active issues ranging from 1 to 2 points. The news of the engagement of £400,000 gold In London for shipment to New York was a signal for gen%rol buying al laro^und the room and has ben the chief factor in the trading so far today. Arbitrage brokers have taken 20,000 shares for London account. Governments unchanged. Other bonds quiet. LONDON 8TOCK MARKET. onus •• ,i., Atrhlsuii (’ntindlan Pacific Chic., Mil. and fit. Paul Frle do, preferred.... .. Illinois Central New Y’ork Central.. . . Pennsylvania...... ....... Rending .. Southern Pacific;..... .. ,. Union Pacific United State* Steel.. do, preferred 176U a mi... do. preferred.... United States Rubber...,. d*». prefer: Southern Pneltlc... ••< Southern Railway do. preferred 1101 Phalli eld Tennewee CM) and Iron., Texas nnd Pacific noli. do. preferred.... Western Union... Wnbnslt do. preferred.....,,......*.. Wisconsin Central do. preferred.. - . Total gales of stocks today 646,000 shares. NOTES ON GRAIN Pointers on Provisions. Wire to filbert go, July IB- ' side Prlvat Chicago. July la !!<*•■!> higher. On all advances, h for continued pressure of Chances of calamity to d dly growing less, and the * 'tvorabl# 1 «• ■lity. t ut that at tbl* time. under fsv 111 break oil CABLES ON WHEAT IE IN xperte pd the Com has rather for the In many sections sml cooler temp RANGE OF THE COTTON* MARKET AT NEW* YORK. The following Is the range la cotton futures lu New York today: Last Previous Open. High. Low. Sola Close. Close, July .10.25 10.29 10.25 10.27 10.27*29 10.17 20 Aug. .10.28 10.35 in.M 10.34 10.74 26 10.26-28 Hept ..10.40 10.42 10.39 10.42 10.41-43 10 3.134 Oct. .10.44 10.47 10.42 10.47 10.47-48 10.38 39 Nov. ' 111.48-60 10.38-40 Dec. .10.48 10.66 10.48 10.65 10.64-68 10.44-45 Jnn. .10.65 10.60 10.63 10.60 10.IMO 10.4s-l» Feb 10.6)0j 10.40 61 Mch. .10.63 10.69 10.63 10.69 10.68-69 10.48-60 Closed steady. AT NEW ORLEAN8. Open. Hlft July .11.15 11.26 11.13 11.26 11.26-80 11.12 Aug. .ia?0 10.84 10.7» 10 KJ 10.83-86 KM-64 Kept .10.62 10.60 10 62 10.60 10.01 10.47-49 Oct. .10.9 10.46 10.87 10.46 10.45-46 10.36 Nor. .10,42 10.42 10.40 10.42 $0.46-4? 10.33 pee. .10.41 10.48 10.40 10.48 10.47-48 10.25- Jnn. .10.48 10.64 10.48 10.54 10.53 61 10.41 Feb. ...... ..... 10.60-60 10 46 Mcli. .10.01 10.oi 1) 01 1" 61 P».rK,i,7 1' 3.1 Mi Closed firm. TIPS FLASHED From Wall Street 7C'i! 77', 17«i., 175>* lwti k-jv, l» llTr.'.'lTS 117», ns J117H 8SH 6SS M2 iMW mtt 3.14 1 334 334 101’, 1004 1004 WEATHER IN COTTON BELT. Trio.—fton Antonio, rlwir nnil plemnnt. Tylor, plomly nml worm. Houston, clomly and cool; rnlnpil yost.nloy. Itnllns, hrnvy rain and .till rnlnfns. Now Hrniinfols. cli'sr toraporoturo 7S. Toinrkann, clomljr: 73. Khortoan, raining for two dnys. Fort north, raining; 75. Waco, drlatllng. Tnylor, cloudy; 7f. Ardmore, clondr. IJrjl/ia. rain lug. Joplin, rained all night. il Isslsalpnl—Vaaoo City, partly cloudy, hot and dry. Katcbw. cloudy and warm. Jack- aon, cloudy nnd threatening; hna been rain ing. (Irenuda, cloudy and coo); Tory hard rnln this morning. Meridian, clear and hot. Hattlaaburg. clear anil hot. (teorgta—Columbua, partly cloudy nnd pleasant. Albany, partly cloudy anil hot. Thomaarllle, pertly cloudy nnd warm. Home, dear and warm; light showers yes- tenlay. Alabama—Montgomery, clear nml Warm; very heavy rain Saturday afternoon. RIrm Ingham, cloudy nnd threatening. Tror, cloudy nnd plessant. Eufaula. partly cloudy and warm. Huntsville, rlesr nnd wnrtn; rained nil day Saturday and showers Sunday. WEATHER FORECAST. Georgln-Showere Monday; Tuesday part ly cloudy, abowers In cast portion, variable Virginia—Occasional ahowera Monday and Iiesday; light eaat to Ipath wIniU. North rfmT Honlh Oarollna-Showara Mon ty and Tuesday; light to freah aouth to mthweat winds. ... . Hoatera Florida—Bbowera Monday and Tuesday; light to freab aouth to aouthweat " 17astern Florldn-Bhowera Monday and Tuesday; variable winds. Western Florida-Bhowera Monday; Toea- day fair. Ught weat to northwest winds. Alabama, Miaalasliml and Loulslana- Rhowers and cooler Uonday:Tueaday fair, Ight northwest to north wloda. Eastern Teias—I/tcal ahowera Monday, roofer In the Interior; Tuesday fair, light to fresh south winds on the coast. Western Teiaa-Bhowera Monday; Tnaa- dl 7rkan r ias-Showera and cooler Monday; Tuesday fair, wanner. .... 1 Tennessee—Showers and cooler Monday; Tuesday fair, warmer In western portion. 1 Kentucky—Showers aud_cooler ^Monday: Tuewlay fair, portion. wanner In extrema west SL■MysravaBjg this will eventnslly work against prices keens the trade eoneerratlve. At the eloe. prices were He higher to He lower^-War. UlantL *• C - ALABAMA I GIBERT & CLAY - • TOCKI, »°KD9. T. COTTON. CRAIN. corrcc. paoviiiowi MCMBCRli ATLANTA. OA* THE WEATHER. LOCAL FORECAST. Atlanta and Vicinity—Occasional showers tonight and Tuesday. WEATHER CONDITIONS. Tho weather Is In n very unsettled state m.*r the entire rnuntry dm* to the fiat stagnant rendition of the atmospheric press ure. There are no well defined areas of either high or low pressure. Cloudiness rovers most of the map nnd aim with have oreurred In nearly all !• In the Inst 24 hours nml rain is falling at Huron, H. D., North l'lntte. Neb., Aiflanllo, Tex.. HL Louis nnd San Francisco. There Is a slight rise In temperature orer the fioutb. while lu the middle northwest It Is somewhat cooler. Tho condition* faror unsettled weather with oernslonnl showers In this section to night and Tuesday. J. 1». MARBURY, Section Director. For the 24 hours ending n meridian time, July 16, 19VI. STATIONS OF •Atlanta, cloudy .......... •Chattanooga, clear Columbus, cloudy Gainesville Greenville, cloudy Griffin, cloudy 'Msron, cloudy Monticelk). cloudy ... Newnnn. clomly Rome, clear Spartanburg, rloudy . Tallapoosa, clear Toooat cloudy West Point, dandy.., Minimum temperatures are"for ii-hour ill a-i period ending nt 6 a. in. this date. flRAYT RAINFALLS. ge. Ga 1.62 Tex 1.60 Bnlobrtdg Dublin, t Weatherford. Tex., Stillwater, Okla..,, CENTRAL STATION. AtlanU Augusta Charleston .......... Galveston Little Rock ........ Memphis ............ Mobile Montgomery New Orleans......... Oklahoma ........... Savannah ............ Vicksburg WUmlngten T liidl* nf*-« Inn pi i Diet. Averages. Prlrnte Wire to Glbert Sc Clay, New York, July 16.—Daniel Odell St Co. "Extension of tho short covering movement stnrted Inst week Is Indicated by techninil conditions, which point to n temporarily sold-out market, with but aennt otrerlnga In the leading securities. Wo xvnuld imt linwe\er, follow lip rallies too closely. Mnrshnll Ppnder & Co.: "Most market re views treat the situation favorable this morning, and political conditions In RuhsIu njtpenr to be aHHiimliig a better -lini.< Meantime, the market has boeu benvll sold against, nnd we xory much doubt l further pressure will be exerted." The turn of the market Is on tho rnmor that 82,000,000 gold has been engaged for Import. It Is not ns yot confirmed, but is probably true. Uptown sentiment: While It does not seelA to be expected that the market will Improve materially during the next few xveks. conservative Interests are of tin* opinion that thre la enough good buying of standard stocks to keep the market from going much lower. Home observers are ir ellned to believe that within the next tw or three week* tbers will he a rally of 10 points or wore on short covering, Jed by general buying of the most active type. There are still other observers who believe that the market will <lrng along much at It haa dona for some time back, and that the tendency will naturally be toward a lower level. Private Wirt? fo Ware Sc Lelsnd. New York. July 16.—London strong up. Coppers In the lend. may turn 11 Inappreciable rainfall. REMARK8. The temperatures were somewhat higher in most sections of the belt. Precipitation occurred orer the entire belt, die amounts* being heavy In portions of Georgia, Texas nnd Oklahoma. NEW YORK COFFEE MARKET, Following In given the opening sml closing .notations of the New York coffeo market today: Orv»nli*_ January U64ft IVbrunry Marcb 6.65-6.7_ • :**.; v, (iu t#4B York Coffee Exchange New Orleans Board of Trade (Galveston cotton r.x-nang Private Wires to all Exchanges *nd Lang Distar.cs Tsltphons 52W. W* R. FAGAN, Manaflsr. Angast oVV.Vb.'r T..!”! i D "'pml 'r 4 50 6 05 Clo.lng. 6 66-4 0 t 8 70 6.75-<» 6.S*'>-6.9'> OmjI 6 95-7.00 6.15 6.2) Long aro fears that should fho maricet be Tnnced, It will encounter further llqulda* tlog. The ah«»rt Interest is a large one, hut the psrty of boats are confident, as well ns strong enough to contest all upturns, aji ng- gressive buying is hardly looked for with so little Interest manifested by banking interests. The room element Is still bearlshty In Ined, but Is becoming a little more rati tloua on the short side, owing to the op* rent scarcity of offerings. It Jay. HTs find some of tho large Institutions iMllctlng un August rise lu the stock market. A fitnndard Oil house esys that stocks have been heavily accumulated. For never til weeks it has been advising clients that townrd the end of July tho market would Improve and advance during Angast. The Auguat 10 crop report would, if good, afford a gtlmulos no doubt This refers to good stocks returning well. Dow-Jones summary: General market In I/>ndon firm, with spe* cial strength In Copper stocks. Tone of ne waps per comment over end of Estimates of United filstes fireel earnings for June quarter from $38,000,009 to $40,000,• 000 net. Twelve Industrials advanced .23 per cent. ATLANTA MARKETS. FRUITS AND PRODUCE. Officially corrected by Atlanta Fruit an< Produce exchange. Lemons $6.10 to $5.60. Limes 60 to 76r. IPeacheia per crate. $1 Pineapples $2 to $2.60. Bniiiinns, straights, i#*- bunch $1.50 to $1.75. Culla. per hiincn, $1 ro $1 26. Watermelon^ $7.50 to $20.00 per 100: do. tonnd good. POULTRY Live ben* w u» aiu ,; i mw u* * broilers 15 to 224c. Lire ducks, Pekin to SSc; puddle 25 to 27V$c. Dressed hens, per lb., 12c to 13c. Eggs, per dozen, 15 to 16e. Butter, table, por lb , 20 to 22V$c; cook Ill'll IUUIU. |IU( I";, ig. per lb , L'ie t" l* , "•. Honey—Saw 84$10o lb.; in X*lb. racki 10 VEGETABLES.—Irish potatoes. No. stock $4 barrel; No. 2 stock $2.50. Tomatoes, per crate. $1 to $1.60. Corn, new, 10 to 124c per dozen. t)krn. per crate, $1 to $1.60. old Irish potatoes, por huRhel, $1.49. Old sweet potatoes, per htithel. $1 to $1.25; now sweet potatoes $1.60 bushel. Cherries, 24 <jmirt crato, $1.50 to $L73. FLOUR. GRAIN, PROVI8ION8 FLOCIl. I'ostelH Llegant $6 1'); I Mini patent $5.76; fancy patent $1.86; half patent $4.10 to 94.35; i^ncy $8.90: spring wheat potent $5.25 !o $5.75. CORN.—Choice red cob 76c; No. 2 white 74r; No. 2 yellow 7Jc; tnlxod 72c. • OATS—Choice white clipped, 62c; choirs white, 6"e; choice iiiIxihI, 49c; Texas rust proof, 80c. MEAL —Plain water ground, per bushel, 73c? bolted 140-11). Jutes, per bn*bel, 63c. Shorts, white, $1.40: medium 5».85; ‘ UJO — IlfiH— .80; pure 'brnu, $1.2u, mixed bran, 11.15. HAYTimothy, choice largo bales, ILIO: X, choice small bales $1 14; do.. No. ] rnothy bales, Ii.US; do.. No. 2 91; do., No. 1 clover mixed ll.GG; do., No. 2 closed mixed 90c. CL Tb . . subject to iumiedlnto acceptance. GROCERIES. vv r,AIL-Ht( Tor* »-— T . - \r. Market stronger. p - aga PHtotoTtMlLi— Carolina 4V4 to 7Hc, according to grad* C!1 twins 14c: brick, Market very strong. Market strong. PROvinQxi.—Soprano hams lie. Dors hams 15Hc- California hams lOV^r; Red Cross bams lie.- Dry salt extra rltm u00; bellies 20 6 Iba. 10.76; fat backs SHE plates fiupreme lard 10. Red f’roaa I0c. Soow Drlf t compound 7H. Red Cross 74^. SOUTHERN EXCHANGE Oldut Eatabll.hed Offlca South. conoa STOCK— Bonos • OIUIN Ground Floor QouId Dulldln,. Pally market letter nnd market manual mailed on application. LJ. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Correspondent’s Capital $250,000 nercaiNCc, tmc ncal bank PHONE HIT. PAUOENTIAL BLOG t kin lutng aparat We set no reason to look for much. If any, decline, and It wowld take very IlffJ* favorable news to fan speculative i ment Into a flame. finite of wheat fiaturdsy were conrtt t • small Juts I b*\ ntnt - t*'"k tb- «‘hi I* but there were no Important sales made go outsldo. i were 306,000 bushels and oats The seaboard did no export business. Private Wire to Ware A Lelond. Chicago, July 11—Consider wheat I* a good position and favor buying wheat Corn does not act welt ■n Chicago Inter-Ocean: Professor Rull, of the Mlnnomdn Experiment station, wm, / noted Saturday na enylng that be has mind no black rust on nny of the sample* of growing wheat submitted to him so for. There were late report* from Minneapolis which said that the experimental station bad decide*! that the wheat wns affected with red rust There are so many conflict ing reports that the trade le becoming skep tical. Also, that conditions In Manitoba are the rime as lu northwest North Dakota, and there wot not a single unfavorable report. Tho weather Is cloudy and coot message from Vandusen sold: "ninek rust reports linvo no foundation in fact. Have Just talked with the profm<*'>ra of botany of the University of Minnesota, who examined samples from all parts of the northwest daily, atul lie soya he found Indication of black rust." followed By Good Advances All Along the Line in Chicago.' BIG CROP EXPECTED A Slight Decline Followed the Early Advance—Corn and Oats Sympathized. PRIMARY MOVEMENT. The following figures glvos tho primary movement of wheat and corn: wheat—Receipts today, lld.800 hushels, ngnlnsl 1.070,000 bushela last year; shipment* today, 394,000 liuthels, against 649,000 bushels Inst year. Corn—Iteeelnta todnr 648,000 bushels, gainst 628,000 bushels fast year} shipments oday, 31-7.000 bushela, ngnlnsl 451*,Ooo bushpls Inst yoar. THE LIVE 8T0CK MARKET. . V Private Lenscd Chicago. July I Ipts todny 66,000. Ity fair; left ore Katie ‘ L — Hogs— Est fntnfod re- Market 10c lower; nunl- 3.356; bulk *6.76716 an. orrow 22.000; Ugh ' ‘ 86.1 WMl mixed $63.vwc,v), heavy 86»19C$h5: rough $0.10; pig* $o.60<ff6J0; jorkorM $6,767/ 6 MU; g.M.il tn e|i„I,-- lw ««\ V I'VVn'U'l Sf. Cotiie—Receipts 27.0)0. Market weak to 0c lower: quality* fair; beove* $4 10^6.26; •ows |1.8Off4.0O; heifers |$J0«8.30; calves $5 <6.75; good wfeei* $- ji; f" ned I uni H10G6.15; stoekera nnd feeders I 1 ii . i j nil 11 | ii,i, i|,iiii,* # western $3.2u'«6; venrllngs $5.60tf6.4 $6tJ8; western $f/cT7.15. and for motai. By Private I.ensM Wiro. Chicago, July 16. -Thoro wns a strong undertone In wheat, which closed 3-4c higher. "Jlqi" Patten took on (ally j 1,000,000 bushels of wheat and was talking bullish on that grain. The b 1 * • i’il, DuluUi .-ml Winnipeg reported twenty loads for export. Chicago expects 702 cars of wheat for Tuesday. The visible supply showed decreases all around. Coaraa grains nnd provisions closed «jub t. , ..I n un-l .jute 1 -*1 I -s .< | - ir ea,*h~* and hog products were mainly lower. CHICAGO GRAIN MARKET. Open. WHEAT— July.... 7$H flept.... CORN— ‘ July.... 61% Hept.... 61 f a • Dec...., 49% OATS- July 88 s-pt.,„ 35% High. Ijow. Close. 49% 37]i $6% Hept.. 17.36 Jen... 14.86 ‘ LARD- Jnly.. 8.97% Hept... 9.06 Oct.... 9.10 HIDEfi— July... 9.87% Kept.. $.86 Oct... iiW fAHIf WIIMA’I No. 3 red 79Wrfw‘i; N 2 bard winter 7nip7'*; N« prthem ennwr 81C88H 18.60 18.or, n <*:■* 17.26 It* 17.30 *97*4. D 1') 9 i:vi 9 42V4 1 •' I<‘a 1:8*' m 9.10 9.07*i No. 3 do TUT NORTHWEST CARa. Minneapolis the northwest Today. Week. Ye $138^23,000 In twelr CHICAGO CAR LOTS. Today. Tomorrow. LIVERPOOL DRAIN MARKET. Whf.nI npi.nn.l 4 htuhir: 130 p. rr « higher; closwl % to la higher. Corn oneaed unchanged; l:3o p. LOWRY NATIONAL BANK CAPITAL, SURPLUS AND PROFITS OVER ONE MILLION DOLLARS Foreign Exchange, Travelers’ Checks, Brown Brothers’ Letters of Credit available in all parts of the world. CENTRAL BANKS TRUST CORPORATION, CAPITAL $500,000.00 It you oootemplato opoalos a now account, or changing your preaont banking arrangement, and wUh to connect yourself with a strong, oouaerv- atlro bank, fully oqulpped to serve you as your business J i.UOes, we Invito you to call and talk the matter over with us. Asa 0. Candler, Prnid.nL W. H. Patterson, Vie,-Pr,«Id,nL A. P. Col.., Cathl.r. John 8. Ow.ni, Vlc.-Prt.idant. Wm. D. Ow.na, Aral. Ca,hl.r. cotton' “, ^RO^ISHbN^lsTO^KS^BONDS, He. 2 Wed St., Building. Allnntt. On. WiWBlKS Him fer! Cetton Itthnngr. Chicago Board nt Trndt. ~ ‘ * “ * ~Mtnje StetB IntBnngt, tw fork Coffee hchiagt. I. C. COTHBAk, Manngtr. Standard Fkaat 796. WM. L I'EEL. President. ROBT. F. MADDOX. Ylee-Pres. MADD0X-RUCKER BANKING CO. CAPITAL SURPLUS AND PROFITS ACCOUNTS INVITEO $200,000.00 $500,000.00 Wo invite accounts of individuals, corporations, banks and bankere and offer the be*t ferine consistent with conservative banking. ur Saving*! Departn cent. Compounded Semi-Annually. Interest at the Rate of S 1-3 par .