Below is the OCR text representation for this newspapers page.

THE ATLANTA OEOROT-AN. iTTEKDiT. Jff.T IT. 19"* 11 JOSEPH B. LIVELY l THE GEORGIAN’S RECORD OF MARKETS AND FINANCE ely‘* 25 year#’ experlene# ie innrkef# In Atlanta nnd th linn made him n rec- authority la hla specialty. Quite a Fight Developed Be tween Some of the In terests Early. JANUARY SOLD HEAVY Clearing Weather and Be lief Market Is Over-Bought the Factors. Br frlmt* Leaied Wre. Bj Private Letted Wire. New York, July 17.—The cotton mar ket opened steady and unchanged ,to 3 Mints hlghtE There was a big trade «nd quit# a fight on between some of the Interest at the start today, 10,000 Hill of January changing hands at 19II. Those who were selling It based their action* on the clearing weather youth and belief that the market for the time being at least had been over bought. The market for cotton future* this morn- JH quite active In the early trading # to- . Sentiment wns bearish, though tho -let of *o®* heavy selling on prices wns •tight, up to midday declines In the new crap month* being eome 4 or 5 point*. The forernmant T s weekly crop and wenth- K report wa» claimed by the bears tp favor the ihort aide of tho account, one wire rlirylnf that the “report la aurnrlalnsly coed and doe* not show' the slightest In* IkatioD of damage, thus disproving, In a irre measure, (he many advices received o the effect that the crop waa suffering (tout excessive rains. Mils lilies gives the condition of the crop at 83.5, against 84.3 last month nnd k.f last year. Tills report was construed : iM tli.- nntrk* t ruled somewhat ider on It* announcement. Columbus, Ha., wires: v tt’e consider tho crap In our section In nn extremely criti cal condition at present. The continued rafui hare caused the plant to grow too rapidly and become very sappy. Nothing wm.rsTu., ..... nnd extremely hot, • It will caw shedding and do a great deal of Uama ge." / SPOT con ON MARKET* Atlanta-Steady nt lie. New York—Quiet nt 11c. Xaw Orleans—Steady at 11c. Sales Delivered ou contract 200. Liverpool—Quiet at 6.13d. It. Unit—Steady at 11c. larannah—Steady nt 10%o. NEWS AND GOSSIP Of the Fleecy Staple. Prlrnte Wire to (iibcrt * n»r *«*« Mitchell 1« pounding the market. The Journal of Commerce savs* “Tim market opened firmer for the i%k will. n!* not r, strpn * undertone |q tho »tn> Fhln2 >t i t0 il # ‘ 8a,< ‘ # o{ exporj goods to rA nft , **8t ^eek were larger than nt first loFd foJ’ Rh?n 85? th ", n V* bales being S“J. r ° r , Shanghai and other river porta. Tho print cloth market la firmer on nar- fjw good*, and the mlllB are fairly well /•* until September. There Is no lat- "£ ifi* 7or thin fine goods, either f* POOtfact or spot delivery, nnd the tm- Eni^ilrMi 8 A 1 ron *.^ first hands that the ££51 iK demand off this year will be ex ceeded at the retail counters of the country next year for these fabrics.” * The Galveston Pallas News* second cron reneJJa 8 /^ MF1ve hundred and forty-two reports from correspondents showing tJ!« D t0 be . 10,9 r pr rpnt better in lexas than same date last year; €.7 per cent better In Indian Territory. Same as mat year In Oklahoma. Texas conditions moro nearly uniform than for several pre ceding seasons. Mnnv corespondents say prospects best since 1»». Excessive moist ure reported frdm seven counties. Else may be too much rain. far little dam LIVERPOOL, COTTON MARKET. Liverpool. July 17. 12.-15 p,* m.-±Cotton ot aulet, with prices steady: middling 6.13; sales 6,000: American 5.400; tlosed quiet. Opening Range. Close. . ..5.87 5.86 ■4§ If. ...I.7J s.w .. t.M ...Tit i.ess.M ...In e.a-e.u . .i.m -tTO Previous Close. 5.84 6.81 tm ISIS 6.63- 8.64 5.64- 5.65 tr* TODAY'S PORT RECEIPTS. Tie following tahlo shows receipts at tho •rta today, compared with* tho samo uay IK year: , tw Orleans,. Wreston ..... leWle ivtanah krleaton .... Jlmlntton .. irfolk rifimore ►* York .... Kton illadt'lpbla .. Total & INTERIOR MOVEMENT. 'ARE AND LELAND'8 DAILY COTTON LETTfeR. *** Turk, July 17.—Additional rain. In Atlantic coast region Induced more ft covering at the opening of the mar thl* ni..ruing, nnd, as n result, a fur ? | dvance of 2 or 3 points took place, ■■•the morning wore on. It wn* evl- « that the volume of buying wns not ■Jflfat to carry on the ndvatiee. Some 3Li were inude.iSNevetal 5.- lots of December ana January •■lint hands. After this, buying wns •bpnee* receded on the sale of n few *■**1 hales at a time, until the market ^ oo»n 6 points from /he opening. ** V 1 **** little news'early In the r, and the aetbock was due eutlrely to ’.Wet that the professional element ’•of covered, there was nn absence of ■ JplK-rr necessary to .prevent a reac* A* noon, the report on the monthly ■ii'ifii. lulled by a commission bouse. i decline of but .04 per cent from * r# P«rt. which wss a distinct disap- wtiaent. A circular Issued by one of the w known cotton houses In the South uniformly favorable progress over JJ the cotton l»elt. The weekly report showed nothing serious. 1 UU a *? #r outlook waa somewhat better. seemed to have reached the tot the tlma being. 9 ™R DRY GOODS MARKET. f Ej 1 '*'' Wlr». C, ‘nrk.Jmy 17.-A firmer tone was in the dry good* market today, Cc In conaeqiienci. of a renewal of de- ■u f.. r roars# sheetings and drills for «nd export use. The China trade ■iC^ntly taken 6.oo) bales of 4-yard g«>ds. and the domestic deman*l an advance of tfcc I* iS£* Print cloths were firmer and were sold for the next age from pest, holi weevil reported In six* ty-slx counties. No damage in forty-aix of these. A little damage In nine and murSi in one. Crop, as a whole, well fruited. Eastern and southern Texas n little ear Her than last year. Elsewhere two to three weeks Inte. Picking In progress In most southern counties. Conditions In territories food except too much rain In portions of ndlan Territory. In western Oklahoma the crop started badly. Liverpool MJ4 up I* slightly better than due. An advance of jg3 point* was ex pected; Would strongly advise keeping out of Au gust, unless protected by snot cotton, a* brokers who operate for the bull crowd are selling this option this morning. Miss Olios I* expected out today with semi-weekly condition report. The wet weather continues unbroken, nd today’s map shows heavy rains In “ essee, Arkansas and Texas, with sb more or less geueral over tne belt, except Id the Carolinas, which are dry. The western forecast indicates unsettled weather with probable showers for all atntps except Arkansas, where partly cloudy weather la expected. Locals are gradually accumulating n long Interest on acount of the bulllsbiy expected weekly rei*rt and also In anticipation of an Improvement after the issuance of Miss Giles’ report New Orleans sold some cotton, commis sion houses. Schlll, Wilson and Mitchell good buyers. aetlve and new business coming In. Mar-’ ket acts ns though It were oversold. Be Here cotton ran be bought on any little declines. Think will have a gradually high er mnrkot, Mohr, Hi unry nt 10.6u from f Liverpool cables: “Market steady would have been better but for Hmlt wards A Co. selling.” _ Buying of Schlll la supposed to he for the continent. He bought 16,000 January with I.0T3 bales of cotton consigned to Lehman Storn A Co., from New York spot holders who presumably havr told July contracts against the shipment ami will tender the cotton. Toaka, Tex., wires: "First ball received here yesterday afternoon. Two days earlier than last season.” Market very steady on heavy rains In Texas and Georgia. Looks higher. The cottoa market opens barely steady 6 up to 2 off. This Is rather a disappoint ing opening In the face of almost general rains over the lielt The weather map Indicates showers or the greater portion ot the cotton belt. ADVANCE CAUSED BY HEAVY RAINS New York, July 17.—The Ban says: Heavy rains In Georgia and elsewhere east of the Mississippi, where the fields are said to ba gt — * tkn uiUui SMS which took place. Tet talk of a July squeeze In New Orleans was not without some sentimental effect. Frank B. Hiyne and wltUam P. Brown, said to be In charge of th* ond If current reports are true there Is ■till quite —*■ *“ 1 *“ **“ option. “ York. i„ -— „ that 10,000 to 16.000 bales will be sent from ^ Urge short Interest In the Some of It la sab! to b# In New York, and one of the rumors of the day Is revision of tbs differences at New Orleans would make this a more expensive n ‘ than It would have been recently. ■■ receipts at th# ports and Interior towns were smell, spot markets wore firm and some of tho dry goods reports very cheer ful. The great drawback Is, there Is *0 little business. Outsiders held aloof and professionals themselves do little, the dis position being very general to await events rather than to plunge with the slxe of th# crop still undetermined. Yet wire ft times for the Smith, w ImuaBH rcrii, .hort lntrr.it wWrb m«. b, f.ttia* ¥ little nerrnn, ofrr th, r.thrr cnf.ror- nhl, report, wbl.h were b.ln* retired from pert, of Oeorftn .nd the CrottM*.”— lUlbert k rnn.tent endearor tm tie part of the crop ausisnae ^ .V^Me XrtTouTw* ng In all posltloaa. A*q ytt t|t. *sw n£t t t& t t£!2tr2 GI BERT & CLAY '■•ALABAMA I • TOCKB. BONOB. COTTON. OBAIN. come. PBOVIAIONB MKMOBBBi ATLANTA. BA. .nd Lang Dlttan,, VthTphVn?t&Pk "■ VAOAN, M.n.„.A STOCKS STARTED FAIRLY ACTIVE Majority of Active List Made Material Gains Dur ing the First Horn*. LONDON SMALL BUYER Trading Element on Floor Turned to Bear Side This Morning. By Frtvate Leased Wire. Now York. July 17. -On n very much smaller volume of business this morn lag's market fluctuated with a good deal of indeclslotr. There was pressure to sell nnd, therefore, symptoms of reaction. < >n the other hand, stocks were more freely sup plied, around the high figures for most of the active issues than they were yesterday. Prices started out higher In sympa thy with renewed strength on all the foreign markets. The great part of the share list went on this advance a trifle higher than the best they sold for yes* terday. Then the supply for sale in creased and tho upward Inclination was checked. Southern Pacific, on tho usual dividend (alk, was bought with eome confidence nt higher prices, but this was an exception. Generally, the trading was very dull and resulted, up to noon. In no changes of consequence. The professional contingent were di vided in their sentiments, but the ma jority of those who cored to do any thing at all w'ere disposed to operate for a reaction. The stock market opened quiet, but firm, with average gains of from 1-4 to 6-8. Quiet was generally recorded In the more prominent Issues. Tho heaviest trading at tho start was In Heading and Amalgamated Copper. Af ter the opening trading the market con tlnued quiet and steady at about open ing level. The market showed a fair amount of strength all through the first hour and the upnrard movement, which started after the opening yesterday, made fur ther progress, the majority <•( the ac tive Issues making material gains. The buying of Southern Pacific, Union Pa cific, St. Paul and the Hill shares all came apparently from the same source. London was a small buyer of about 15,000 .shores of International storks. The trading 'element on the floor turned to the bear side this morning, basing their action on the belief that nearly all the buying so far on the up ward movement has been covering of shorts without any increase In outside speculative Interests, LONDON 8T0CR MARKET. STOCK— Aichlson ., Canadian I'adflc Chic., MU. and Bt. Paul.... Erie do. preferred , Illinois Central s'cw York Central., • • ... *ennsylranla lonthenj’ Pacific.*.' .7 .7777 Union Pacific »» , United States 8t#el .. do, preferred..... .. .. U: GOVERNMENT WEEKLY REPORT ON WEATHER to excessive ou the lith, J2tli, . 14th, tho excess being greatest in central and east central countries. Arkansas—Tho sunshine was slightly be low the average. The days wore moderate* Ijr warm,..but r‘ cool. tow IUC 1UC UttJ» 1” ly warm, but night, were g.n.rally too root. Well distributed eud beneficial rain, occurred o.er the greater p»rt of th* ,ute, breaking the drought of two week,- dura tion In Mm. Routucrn cnuntlei. The rnln- f.ll wg. glxire the normal In mo.t ncctlon,. Ceorgl.—The we.ther during the week .... cool and cloudy with fraqnent rain. The menu temperature ranged from 1 to 1 degree, below normal, Tu, rnlnfnll wa. coueldernbly over the prerace In moat Me llon a, henvy to execaalve fella occurring on the Utb nnd l.th- Hun.hlno la needed, boulelnna—Tile tempernturea wore nor mal or .lightly below. Hcntrernl ahowera oeenrred every day, the rainfall being henry in eome eectfona and very light In uthera, The aunahlne wna murh below the normal. Mlaalaalppl—The weather waa moatly cloudy with dally ahowera, ralna being gen- erally heavy except over a few mini! ereea. The temperature waa uniform aud mod "North Carolina—The precipitation waa ally below normal, nut waa eiceaalve acea. There waa much leaa damage eavy ralna and overflown than In the ding week. The foi .aria and the latter (reraturea averaging two Oklahoma awl Indian Territory—The tem perature averaged normal: the aunahlne waa generally deficient: COMO, ahowera oc curred frequently In aft part, of the eec- tlona effectuallr — the rentral fiouth RANGE OF NEW YORK STOCK MARKE” aTTotmcr !IM Line utrar Hetlulug,.., i el ting America IlliltlllH) Urookl.v Rapid Transit Pacific ind Northwestern..,,, trnl leather.... tlo preferred.... Chicago and tlrent Western, (’hicago, .Mlhvauke Deinv Dlstllle Erie .. i i-fiiriu,. nnd Bt. Paul..., nnd Hudson............. rltlr* Elci i Cei Hi.. z .jar!tlss Rvlll# and Nashville can Central mrl Pnclflc,,....,, New York, Ontario and Western........ National Lead.,.,,. Northern Pacific. N>w York Central........ Norfolk nnd Western Pennsylvania ** iple’s (Ins.... sted Stool Car.....,i,„, do. preferred * Piirltli- Mull Itondlmr Republic Steel Hock Island..... do. preferred........... United States Rubber..... .moss rui'Mueiu Tennossee Coni and Iron. Texas nnd Pacific.. Union Pacific United States Btecl., do. preferred..;. J, Vlrglnla-CluoUiia Cheralcsl do. preferred..... Wabash ! do. preferred....... Wisconsin Central.... do. preferred RANGE OF THE COTTON MARKET AT NEW YORK. The following Is tho rang# !o cotton futures la New York tedar: Lost rrtrlon* Open. High. Low. Hale Close, Close. July .mi0.l5.l0 10.23 10.24 10.25-27 10.27-2S Aug. .10.36 10.36 10.23 10.31 10.30-31 10.24-23 Sept .10.43 10.46 10.87 10.19 10.37-39 10.41*48 Oct. .10.47 10.48 10.39 1M1 10.41-43 10.47-41 r. .10.46 10.46 10.46 10.46 10.42 44 10. ». .ia66 10.66 10.4T 10.40 10. * ‘ . .10.59 10.60 10.60 10.62 10.1 m'iV. '.i'o.M mn io.K ia«3 10.1 Cloacd .trady. AT NEW OR LEAN 8, (JiLWPoiLSirtasr "■ eouoB Jl Il'tP iV"' (^*N‘. Pr n5«I2 Aug. :\h Ilf, IJ:S fif ft 8,pt .10.61) 10,60 10.66 10.86 10.6IAJ 10.w Oct. .10.46 10.46 10.16 10.U 10.17-10 10.46-46 Nor 10.3947 17 46 47 p: :ft8 Iasi iS:551S:S !JIU! ftH Uch. tib'.Bs To.66 Vo.66 io.oj io.Imu ClaMd ataaily. TIPS FLASHED From Wall Stroet PrIrate Wire to GIbert & Clay. Now York. July 17.—Daniel Odell Sc Cd,: “Purchases of juod stocks on reces sions of moderate extent will, we believe, give the best results for a few days, aud while we would not abandon the trading position nnd would toko fair returns, the situation Justifies a prefernce for the long side now of the active Issues he- .mi-.- . .r Hi-- k'l'-ut'T irnpC'iv •-Hu-lit In it -r. etnry affairs chiefly.” No snocfnl feature to the stock market. It la highly profesajoual. Costs 1-82 firemlura to borrow Tennt»s m Coal and Iron. * • Uptown sentiment: While a great deal of skepticism Is still expressed with respect to the market for some weeks to com#, tho opinion la becoming more general thot from this tlmo on It will be easier to make money on the long aide of the market than at any time Since the Ban Krsndsro dis aster. Those who are Inclined to this no tion expect the market to go a little high er, nnd then recede moderately, but do not think that prices will reach tho low level from which the present recovery started. Yesterdny there wna much more trading on the basis of this theory than there lias been for somo weeks. Those who oro still pessimistically Inclined main tain that the decline from thl* recovery will carry prices to a #new low iorel. while it la probably true that bearish sen timent fa stronger than that In favor of high prices now, apparently conservative In this, are taking t more hopeful view of thn situation. lly* breaking the drought In I counties. - roll ns—Bun shine, temperature ecipltatlou much Mow normal, nl- .mw-.. heavy rain* occurred In the extreme northwestern southern and coast sections. Texas iGalveston)—There was much cloud* Iness with numerous showers and thunder storms. The ralafaU was generally ex- evasive except In JUo Grande valley and In many south west era and eastern counties. Temperature avers red from 4 degree* be low normal In northwestern rouutles to I degrees above normal on the southwestern ^Tnilessee—The mean temperature was he- »«»w the normal. The rainfall was t—stelly ample, being heavy in scattered localities In cistern nnd western sections, bat very light In portions of the middle sections. GIbert A Clay's Dally Cotton Letter. New Orleans. July 17.-The fear, as yet unfounded, that the heavy rains of the present hay* wronght some damage to the growing cfop seem* to have pervaded the foreign market for options, which, though quiet, netted a gain on the close of 2 points. Spot quota tlonswere 3 points up. udea amounting to 6.04) bales. ( arrant mouths alone were steady at advSnce this moraine due U> farther snort covering, but there whs some noteworthy .selling of agust by bull brokers early In tho day. bleb lesda to that month to become point x.1 danger for speculative purpose* nn Julys have proven to he unless, of course, the Interest la protected by spot cotton. Disk tant positions, however, showetl a decldc.i tendency to Mg despite th*» continual and comps rati vHv heavy rainfall In almost nil sections of the belt except the Carolines. The government weekly review of the weather was very favorable, not n single Instance of damage being recorded, al though reports of such a character w«»»ild oof have be«-n surprising In the face of a nrolonged spell of wet weather, and thl*. •ther with the half tnonthlv condition re# of Ml*- (tiles, namely. S33. g«% e to market prices an easier tendency. London steady. NEW YORK COFFEE MARKET. Opening, rioslm tJ 6.66-6.86 'Z.:::—:::::: W n 6J0-6.K ft ___ M.rrh ’.hra.rr £ «j Jfl Si":::E:E: till Closed steady. Hales 38,260. COTTON 8EED oTl MARKET. New York. July 17.—'Thero waa a moder ate trade In the market for cotton seed oil during the early session, with prices firmer, showing an advance of liOHc from Saturday. Offerings were comparatively light, and thero waa some good support from the bull*. Tho less favorable reports recently regarding the strength of tho cot ton crop have had n stimulating effect* on prices, and whllo there has not been much ncreoso In the outside demand, local opera tors have shown a dlaposlUoa to keep out of the short side. Trices at tbs close wero 14C lower to %c higher.—Ware A Leland. * Opening July ... August Heptcmber NOTES ON GRAIN rnlntrra on Provl.Ions, I'rlr.t* Mir. m War* A L,l.n<l. Chlr««ti, Jnlr 17.-I-.rl.: ripening wheat .nd flour o*.J MflTc lower than Friday', rim*. Enitl.h enuntry market, qul.t. h ■tradyj WMtkrr flu,; format unaetlled. 0 B< |,...... wheat I.M off.rinc corn qul.t tlon will lx free If It itti CMh .(tiuTlou I. anythin, but bulllah. m siiaup earner on by loci, and pi oponln*, with 1x11111* of octolxr lard tiy J»ck Cudahy broker.. At Hie dwtlln., th.r. waa tnytac »*r local ahnrt^ and thn mar- ket quickly reeorrrwl, and I. now .tMdy, ro™»l *"C. B. Lcwli, of . I don't think Mlnnraola will B ilw- an much wheat aa laat y.ar, but lx- ere North Dakota and Uauitotw will mIm cnn.lderahle more, lotted on preaent rou- dltloua, hut It will to four week, before th. crap I. Mf,. ” nun reiwtrta rrnm Iowa aud JieDrai dlcale that thn oat cro|i I. fully oq aat year, In quality and quanlly. In prim., eoudltlon and laraer aereaa,-, ... «rowu f.,l.r In Ih. laat ten dare, and la uow aa high aa laat year at thl* lima." D.rld T, Coon, on. of th, lart.it It, >nl. tradera. who haa ap.nt two weaka ou hla farm, Dear Knrt Heott, Kaita., aay.: "Field, nf oata that apparantly would yield 10 buahela to tha arra after eottlu* wooltl not mak* 10 buihela, and all full af ruat." A Urarpool houje cabled: "Wheat ad- .anrlnf with bail weather report! from Houth Runla. Bhlpmenta art loo amall to allow of any docUue. Corn quiet, but rathar ateadl.r-' fa ah hnaln«.a In Chle.fo Monday wa. 90,0)0 wheat, 40,000 No. 1 hard for oiport .till 60,000 mixed Iota to loeal mllla: corn 200,000 buahela, and oat. 130,000 bnab.la. At Ih. tea board, 131000 wha.t .old In all poallloiii, Includlnt *0,000 at Imlulb, 40,- oc» at Wlnolpw, M,W) at fhlcifo, 160,. OOO it Kinana City and 16,000 buahal* at th* lulf. There won no aalaa of corn or oata. Dtllrorlea on July reulracfa yeat.rday war. 66,000 wheat, 306,000 corn, lo.raa) oat., 360 harrala |mrk and Cu0,0i» (wranda .hert rlha, moat of tha lottar belo* light, aud all went to Armour. WEATHER IN COTTON BELT. Tax..—Trl.r, cloudy sod warm, fino An tonio. light awewov Vn.t ntght; now rionily oud wnrm. lhilln., cloar nud warm. IIou.- tun, cloody nn<l threatening. Mlxal.elppl—Vnxoo city, aeody ntul cool: bnrd rain yeaterday. Natrbex t partly cloudy nnd cool; hard rain yeaterday. Jaekanu, cloudy and threatening: hard rain yester day. Ilnttlr.hurg, rained ye.terdne .ft.r uoon; now cloudy nud ph-nnnut. llerldlnn, cloudy ond threatening; hard rnln yeaterday afternoon. Alabama—Mobile, clear and warm; hard rain yeaterday afternoon. Montgomery, partly cloody; rnlo yeaterday. Opelika, cloudy nnd thrndlrulng; bard rain jraatarday afternoon, lllrmlngtinm, drlxxllng; torn raining tinea 3 a. m. SELLING ORDERS T Yesterday's Advance Was Regarded As a Hard • Spot to Sell On. SELLING WAS GENERA L Chief Influenees Were tho Liberal Receipts in Chica go and tho Northwest. By Print. Leased Wire. Chicago, July 17,—Wheat Buffered a sharp drop In prlct, final figures .haw ing net loaa«a of leiltc. It was n ca.a of both th* givat wheat bait* hodgln? agalnat tha actum grain. Tho bulla did not nllih .the tailing. Thera w na buying by shorta In order to aocurn profit* and In this Canby waa a lender. ■addlaford held an order which »< limited aa to quantity to buy Neptem ber and aell July at He difference. The world'e available supply of wheat decraaaed 4.100,000 for the week, com decreased 1,331,000, and oata de creased 411,000. Reporta from the spring wheat coun try on crop condition are generally fa vorable. fom and oata olosed quiet. The for mer waa WSHc lower, and the latter WM off tttPHo. Hog product* were narrow lata Cash aalea ware limited to tan Ion da at tha seaboard. At Chlraco 15,non wheat, 16,000 com and 100,000 oata. Primary recelpta of whaat 1,197,010 and corn 716,000, compared with 790,- ooq and 684,000 respectively a your ago. Clonrnncea were 69,000 wheat (all flour), 66,000 com and 611,000 oata. CHICAGO DRAIN MARKET. ipan. nigh. Low, Clo fa II Pnclflc, Locomotive and Htael preferred. Iron aod Steel trade condition* reported of the beat, with bint* of Copper divi dend being raised to S per cent. It I* doubtful, however, If adrancea ran be held, for operation, are largely profruulnual, with very llttl* outside Interest mnnlfe.t- rd, consequently look for a maaa of (forks to be put on Mia wh,Dover atreogth de velop* I Six million 1 draw from llnula. Thte xtatemeat xbould lead up 10 an Improvement In nther under lying Wabash bonda. eomo of them being on the bnrgnln counter. SOUTHERN EXCHANGE Oldest Established Office South. COTTON STOCKS— BONOS AMIN around Floor Oould Building. Dally market latter nnd market manual mailed on application. L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, 6RAIN Cornspofidiit’s Capital 8250,000 RKPKRCNCC. THE NBAS. BANK PHONE MIT. MUOCNTIAL BLDG HUBBARD BROS & CO., Sm Atlanta Offices, 219-321 Century Building. Members New York Cotton Exchange, New Or leans Cotton Exchange, Liverpool Cotton Aaso- elation, Chicago Board of Trade. New York Cof fee Exchange. New York Produce Exchange. Business solicited for the above exchanges. Direct wire service. Correspondence Invited. Phones 454, Long Distance 39. A.S. Hustace. Mgr. COTTON^GRAlft, ^ROVIstafFsIliTOCKS^BONDS, ho 2 Will St., ftfrai BwlHiaf, Allan. Ct. MlmBUS: *<• r*f» ml&ohl. uSZmi V Atm York Cotta itekooft. B. C COTHBAA. Hatotr. ft«w Cotta (tebtogt. i Caff#* Attodtttou. Llttrooo; corrsa aioaouon. ftlato Wirtt to Atm York, Korn Oftooot. Chlago. Boll Yboot 1343. WEATHER IN WHEAT BELT. Mlchlann. W|*mn«le. Mlooraotf, lown, ,, u koto* and Nphraakn T Kalr tonight and W#d uesdaj; wanner tonight. WEATHEhTfORECA8T. Yl’nlmmn-Bbowera Tuesday ami Wedna*- %*al**lppl-flbow#rs Tuesday; Wedncs* ‘^’“WSSS^bow.r. Tuesday nnd VriiMiv, Kn.t Tom.- Pnrlly cloudy Tuciulny; .1 on In north nud asst portion*; Wednesday portly rloudy. Arknnnn. I'nlr In west: .howera In east art ton Tuoadsy; Wedncedoy fair; warmer i east portion. West Texne—Bhowors Tuesday; Wednes day partly cloody. l. j. ANDiRiofTSTcoi] DAILY MARKET LETTER, Now York, July 17.—The Liverpool opening thl* morning showed an ad- vnqrn of t to 4 points, with spot sale* of 6,000 bole* at an advance of 1 point*. Our markat opened strong at slightly higher prlcM, but after th* opening eome selling act In, apparent ly from purchaser* yoatarday who ware taking prom*, and price, began to slide back alowly. Up to noon price* gradually worked lower on Ih* fnllur* of any organised support to appear, and at this tlmo art 4 to 6 lower. Tha nawa from tha bait show* no idgnlfl- cant change, rain being reported from naarly all localities. The bull* argue that In same secllona a large amount of damage haa been done, whareaa nthera claim that ralna In July cannot be other than beneficial. Nevertheless, considerable uneaslneaa la manlfaated among ahorta and a disposition Is shown to cover on all soft spots. 49H Dvr 86V4 a 4 . PORK- Joly.^WOO 19.60 Hopt.. 17.32H 17.40 Maae. S4.» 14.68 IiARD- & »:«•’ July,,. 9,4 SIS f.r*, i'jS |f* |P 9.I2H 9.15 TV No l«> VP*: tfl,*: N<». 3 no Tal l .AJ'rhiK 80D63; No. 2 <U CHICAGO CAR LOTS. WhMt , Corn •*• oat# .. Uoga .. LIVERPOOL GRAIN MARKET. Whrat oprnM U lowfrj 1 JO p. m. low##; #Uraa«l H to Inwor. * lchnngwl; 1:30 p. 1 hlglrar. Cnrn op#o#d to 14 lower; el< •4 to I-. % NORTHWE8T CARS* Today* Mlnmnpoll* 156 DulUth a* 56 Chicago 764 lu9 PRIMARY MOVEMENT. Tho following figurea glva the primary movement of wheat and corn: ReeisiptM today. L1M.0M huahel*. agalnat 790.0»» buahela Uat yaar. Bhlpmenf* . - —^ ^ ’ —. — Lnahel* today 126,00 laat yea- buafi#l# laat yaar. again* THE SUGAR MARKET. Prlvat# I*#afod Wirt. Wow York, July H.-BoflnM and raw augar markafa ataady and f»chaigfd- Lon don Net market at#ady; July aud Auguat kB AM. # THE METAL MARKET. rrlrate Leiiwl Wire. * . PWir^York. Jnly 17 - Ther# war# morn lib eral offering# In tin. tho tone waa coino* what «*aal#r aud prlrao anrhangod. r ATLANTA NATIONAL BANK ATLANTA, GA C, g, CURRIER, Pr.aldont, A. E. THORNTON, VlcwPr«,ld«nt. , H T. INMAN, VIc^Rreehtwit. GEO. R. DONOVAN, Cashf.r. JAMES S. FLOYD, Ah'I Caahl.r. Capitol $500,600.00 Surplus and Undivided Profits $500,000,00 We Solicit Your Patronage. WM. L PEEL Praokl#ot. * ROBT. F. MADDOX. Vlco-Pro#. Til08. J. PEHPLEB. Caable JAB. O. LE8TER, Aaa't MADD0X-RUCKER BANKING CO. CAPITAL $200,000.00 SURPLUS AND PROFITS .... $500,000.00 ACCOUNT* IMVITCO We Invite accounts of individuals, co«pOT*tioiiH, hanks nnd bankers and offer the best terms consistent with conservative hanking. In our Having# Department w# allow Interest at the Hate of 3 1-2 per cent. Compounded Semi-Annually.