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W* — ———— ’—w —— THE ATLANTA GEORGIAN. 11 edited by JOSEPH B. LIVELY \fr. Llrely*§ 28 ywri' experience THE GEORGIAN’S RECORD OF MARKETS AND FINANCE JSHSrHS COTTON OPENED. WITHJUBIG TRADE 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. tj priral* Leaaed wire. Hj private Leased Wire. New York, July 17.—The cotton mar. ke*t opened ateady and unchanged to 3 nothte higher. There was a big trade and quite a fight on between some of the Intereata at the atart today, 10,000 btlea of January changing hands at W59 Thoae who were selling It based their actions on the clearing weather louth and belief that the market for the time being at least had been over bought. Tlis market foaecotton futures this morn in. quite actlre In the early trailing to- t£i Sentiment was henrlab, though the •dii-t of some heavy selling on prices waa ■llflit, up to midday declines In the near n*n months being some 4 or 6 polnta. The government a weekly crop and weath* it report was claimed by the hears to favor the abort aide of the account, one wire (Urging that the -report la snrnrlalugl; •aod and doea not show the slightest In . alien of damage, thui disproving. In a aria meaaure, the many ailvleea received » the effect thnt the crop was suffering from eieesalve rains." Ulss (tiles gives the condition of the against 44.3 laat .month and 13 9 last year. This report was conatrned u bearish and the market ruled aomewhat (tiler on Ha announcement. Colttmbni. Oa., wires: consider tli" (top In our section In an extremely criti cal condition at praaent. Tho continued nlnir have eauaed the plant to grow too rapldlv and become very sappy. Nothing occasional showers, pnrily cloudy n r and moderate temperatures will r.e.ent Injury. Should the weather turn mddenlv dry and extremely hot. It wll cause (bedding and do a great deal of damage." • SPOT COTTON MARKET. , at lie. Xen Orleans—Steady at 11c. Delivered on contract 200. I.iverpooi—Quiet at 4.ltd. LIVERPOOL COTTON MARKET. Liverpool, July 17, 13:15 p. m.—Cotton, trot quirt, with prices steady: middling aplinde 6.13; Mies 6,000; American 6,400: ipeeulatlon and export 600; receipts none, firm. Jaly-AuguEt.. ' iOgust-Hept.. Jtor.Dec.. Dtt.-Jsn., .. . Ju.-Feh. . . . Feb.-March.* . March-April. . Closed quiet. Opening lunge* ■jf 6.70 5.66 5.5 . .1.68 5.66-5.6! .:'.6.'n’"' I.® TODAY’S PORT RECEIPT8. TV following table shows receipts at the torts today, compared with the same day ait year: 1906 1406 h* Orleans GilvfAton <:Mlo HTannah •Hrleston lilmlngtnn 1472 1348 606 194K 77 4 2227 9772 h 128 237 Jwfolk IUItlm»re Vnrk reton iTillmlfiphla 569 :j § 3301 -83 T"»*l 8181 36448 * * . INTERIOR MOVEMENT. 1906 1406 ffoniton !... 275 8002 Aca i-!a keiiphu 1 »c If nurlnuttl *7 *31 Inlill 477 661* WARE AND LELAND’S DAILY COTTON LETTER. !*»» Vork. July 1?.—Additional rains In Atlantic coaat region Induced more ■wt covering at the opening of the mar- morning, and, as n result, a fur- w advance of 2 or 3 polnta took place. n, It was evl- ^•7—' NB i utumt- vt udrlng wni not to carry on the oil ranee. Home .targe trade* were made, aerernl tie lota of December and January U li 6*ng hands. After tills, buying wna I li*-l on till- Milo of It few ■w*d bales at a time, until the market !■* down 6 polnta from the opening. very^IIttlo news early In the |•T" ‘ UrJr.j, , anw m _ J| JJ:, At noon, the report on the monthly 2*ntion, issued by a commission houae, a decline of but .04 per rent from ‘■J im report, which wa« a dlatlnct dlaap- H| int. A circular Issued by one of the "■^ronwp cotton booses in the Booth ' i uniformly favorable progress over of the cotton belt. The weekly S ^taer report showed nothing serloua. ■ weather outlook wne somewhat better. ■ marker ummi #« r THE dry goods market. ’ JYtvate Leaaed'wire. ”»k, July 17.—A «rmer tone wa, ki^i nt . ln th « ary goods market today, in consequence of a renewal of de- 2tti,f nr ° mrm aheetlngs and drills for tD( j * 1 p 0rt The China trnde K m 9.000 bales of 4-yard ■ good*, and the domestic demand J increnad until an advance of He Is ZTIl* Print cloths were firmer and ks* h eetlagg were aold for the next NEWS AND GOSSIP Of the Fleecy Staple. Private Wire to GIbert * Clay. .New York,, July 17,-Prlco broke buying this morning. Mitchell Is pounding the market. The Journo! of Commerce says: ‘The market opened firmer for the week, with a noticeably strong undertone In the sta- JV« rations. The sales of export goods to Lnlnn last week were larger than at first reported, not less than 6.000 bales being seui for Shanghai and other river ports, ihe print cloth market Ih firmer on nar row goods, and the mills are fairly well cared for until September. There Is no let up in the demand for thin fine goods, either on contract or spot delivery, nnd the im pression Is strong with first hands that the wonderful demand of this year will be ex ceeded nt the retail counters of the country next year for these fabrlcie’V-^^f— The Galveoton-Dallas News* second crop report says: “Five hundred nnd forty-two reports from correspomients showing con dition July 13 to he 10.9 per cent better In Texas than same date fast year; 6.7 per cent better In Indian Territory. Same ns loot year In Oklahoma. Texas conditions more nearly uniform than for several pre ceding seasons. Many corespondents say prospects best since 1900. Excessive moist ure reported from seven counties. Else where apprehension expressed that there may be too much rnln. Thus far little dam Eastern and, southern Texas n little ear lier than last year. Elsewhere two to three weeks late. Picking In progress In most southern counties. Conditions In territories good except too much rnln In portions, of Indian Territory. In western Oklahoma the crop started badly. ol 3ft4 up Is l.._ advance of 2&3 Would strongly advise keeping out of An semi-weekly condition report. The wet weather continues unbroken, The western forecast Indicates unsettled feather with probable showers for nl states except Arkansas, where partly cloudy weather Is expected. Locals are gradually accumulating ■ lonu Interest on ncount of the bulllshly expectet weekly report and also In anticipation of an Improvement after the Issuance of Miss Gllra’ report. - . Private Wire to Ware A Iceland. New York, July 17.—The cotton market opened about at expected. New Orleans sold some cotton, commis sion houses, Schlll, Wlleon and Mitchell good buyers. Think the market can be bought on any little reactions for the present. Cotton market Inclined to broaden out during the past few days. Trado Is more netlve nnd new business coming In. Mar ket acta as though It were oversold. He Here cotton can be bought on any Jlttlo declines. Think will hare a gradually high er market. nary at 10.«u from If. Buying of Schlll Is supposed to bo for the continent. He bought 16,000 January at 10.59. Now Orleans, Jnly 17.—Tho steamship Pro tens got In from New York last night 1 with 1,003 bales of cotton consigned to Yoakn, Tex., wires: “First hale recelvod pre yesterday afternoon. Two dsys earlier inn last season." Is. Looks higher. ket opens barely ateady 5 s la rather a disappoint- The weather map Indicates showers over BY HEAVY RAINS nn.v till un in u«ui |iu nun riKirurto t of the Mississippi, where lb. Held. ■till to be getting gra.iy, bad more n ftnvthlnn ela* te do with th, advance took place. Yet talk of a July e In New Orleans was not without jentlmental effect. Frank B. Baku and William. F. Blown, with otbara. are anbl to be In charge of tbe July ileal there, nnd If eurrent reporta are true there I. ■till quite n lante ahort Interest In th, "ime of It la .aid to be In Nt* one of tho rurtjnr* of the dajr that 10.0)7 to 13.000 bales will be sant frr New York to New Orleans for deliver/ on Jul/ contracts. In aplta of tbe fact that a revision of the dlfferenrea at New Orleans ill, spot markets were nrtn ana he dr/ foods reports very cheer- great drawback la, there Is so Ineaa Outeldera held aloof aod were small, spot marktts were Brin and some of tbe dr/ eoodwMMOoawWMomMhoom till. The Kroat drew little business Otital-... profeialonnle tberaielves do little, tbe dla- poiltlon being ver/ general to await event* rather than to plunge with the rise of the crop still undetermined. 7et wire hnii.es bought with Tnther greater free.lem at times for the 800th. where there la a large ahort Interest which mar bo retting a little nervous over the rather tinfavor- aide reports which were being received from parts of Oeorgta nnd tho Caroltnas — filbert k Oa/. Yew Orleans. Jnl/ 17.—Tlraee-Demoerat: With New York committed to the Ion* aide of the now crop, nnd New Orlcane committed to tbe <* JJ* ®M; constant endeavor ■ tho P»rt •care artist and tbo Houthcrn spot market lu AeUnt* of. the New Orleans }sry2iP ^l'F°vis e /e, u*. n« rorktnf follow- nbp 1 proapectTlaa ”*®t itt«wd «tnrt«?W ^T.?'ll Iwu^’iSnr'VterefT’lSb ficicntly formidable to niKIT ^^more ^'^^Bdinr-J^ ierto'nTO nre.alnneX°Uta2d. of Jodgment. GIBERT & CLAY W *• ALABAMA BT. COTTON. C SAIN. cor/gg. paovtmoN* mcmbcb*' ATLANTA. OA. Jjj Jerk Stock *ichanr».|Ncw Orleena Co'ton W»*F '[ ^'^“ouM-’otton’xUo^.'tl fe fe Coffee Bxchanrell.Yew oT.nl Vo.r\ of TrJ« l&MM ^tton. Bxcbon f-t «nd L„„q DIMancT' LIC *“°^ ; «• FA0AN * ’ STOCKS STARTED FAIRLY ACTIVE Majority of -Active List Made Material Gains Dur ing the First Hour. LONDON SMALL BUYER Trading Element on Floor Turned to Bear Side! This Morning. B/ Frlveta Leased Wire. New York, July 17.—On n very much smaller volume of business this morn ing’s inurkct fluctuated with n good deal of Indecision. There wa* no pressure to sell nnd, therefore, no symptoms of reaction. On tho other hand, stocks were more freely sup plied, around the high figures for most of tho active Issues than they were yesterday. Prices started out higher In sympa thy with renewed strength on nil the foreign markets. Tito great port of the share list went on this advanco a trifle higher than the best they sold for yes terday. Then the supply for snip In creased nnd the upward Inclination was checked. Southern Pacific, on the usual dividend talk, was bought with some confldence at higher prices, but this was an exception. Generally, the trading was very dull and resulted, up to noon. In no changes of consequence. Th- prnfesslimitl ---nt tnu-nt were -II vlded In.their sentiments, but the ma Jorlty of those who cared to do any thing at all were 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. The heaviest trading at the start xvas In Reading and Amalgamated Copper. Af ter the opening trading the market con tinued quiet and steady at about open ing lovol. The market showed a fair amount of strength nil through the first hour and the upward movement, which started after the opening yesterday, made fur ther ill miss*, the majority of th* ac tive issues making material gains. Tho buying of Southern Pacific, union Pn- cltlr, St. Paul and the Hill shares all came apparently from tho samo source. London was n small buyer of about 16,000 shares of International stocks. The trading element on the floor turned to the bear side this morning, basing their action "it the belief that nearly all the buying so far on tho up ward movement has been covering of shorts without any Increase in outside speculative Interests. LONDON 8TOCK MARKET. RANGE OF NEW YORK STOCK MARKET Amnljramntetl Copper... Atlantic Coast Uns.... ▲Barkan Sugar Refining Ann. on.In Amerlfim Ixx-oinotlve »l<» preferred. Aincrlcitu Smelting Refining., «lo preferred...., ▲CtklSOL | do preferred ▲marksn Cotton oil Baltimore ami Ohio.... Brooklyn R.i;«i«J Transit I'nnndlnn I’nelfii* t’hirHKo nml Northwestern Chesapeake nnd Ohio.. Colorado Fuel nnd Iron..",. Central Leather i!o preferrt'd Chios go ami Groat Western Chicago, Muornnkat and 8t. Faul Delaware trail Hudson..... Distiller's Securities.. Erie .• do preferred..,,.,..,., General Electric....... Illinois Central Amm i' i»n IN MCQfitlM I.4>u!h\i!!e and Nashville Mexican Central Missouri l'neifie., New York. Ontario and Weatern National Lead..... * Northern Pacific New York Central.,..,..,, Norfolk nml Western. Pennsylvania People's Has.......,, Pressed steel Car....,,.., do, preferred...,,.,..,,.. Pacific Mall Rending Republic Hteel Rock Island...., referred...... STOCK— Atchison.. .. Canadian Pacific.. . .. ..... Chic., Mil. and St Paul Erie .... do, preferred.. .. .. .. Illinois Central.... •• •• •• New York Central.. • • •• ’ennsylvanln tending Southern Pacific Urtlon Pacific Unltod States Steel..... do. preferred II GOVERNMENT WEEKLY REPORT ON WEATHER Alabama—The days were comparatively cool, but the night temperatures were sea sonable. Tho rainfall was generally light to excessive on the 11th, 12th, 13th and 14th, tho excess being greatest In central , ... were generally too IffooL Well distributed and beneficial ralna occurred over tho greater part of the state, breaking the drought of two weeks' dura tion in some Southorn counties. Tbo rain fall waa above tbo normal In most sections. Georgia—Tbo weather during the week — —• — 1 -•— —*•*- "—nent rains. _rora 1 to 3 rn* 1 * was considerably over the average In moat sec tions, henvy to excessive falls occurring the 13th nnd 14th. Sunshine Is needed, .Louisiana—The temperatures were nor ma! or slightly below. Scattered showers occurred every day, tbe rainfall being heavy in some sections nnd very light In others. The sunshine was much below the normal. Mississippi—The weather was mooay cloudy with dally sbowera, rains being gen erally heavy except over a few small arena. Tbo temperature waa uniform and mod- er North Carolina—The precipitation was nerally below normal, out waa excessive places. There was much less damage heavy rains and overflows than In tbe preceding week. Tho forepart of the week was warm and the latter part cooler. Tem peratures averaging two degrees below the normal. Oklahoma nnd Indian Territory—The tom perature averaged normal: the sunshine was generally deficient: copious Showers oc curred frequently in nil ports of the sec* t ona effectually breaking the drought In • ■ ■ lit rfi I < «»uM l»*s South Carolina—sasabiM, temperature and precipitation mach below normal, al- though heavy rain* occurred In the extreme northwestern southern and coast sections. Texas (Galveston!—^There was ranch cloud less with numerous showers nnd thunder storms. The rainfall was generally ex cessive except lie Rio Grande vslley and In many southwestern nnd eastern counties. Temperature nvernged from 4 degrees be low.normal in northwestern counties to I degrees above normal on tbe southwestern CiUSt. Tnnesaee—The mean temperature was be low tbe normal. The rainfall wna generally ample, being heavy in scattered localities In eastern and weat4»rn sections, but very light in portions of the middle sections. Gibert A Clay's Daily Cotton Latter. New Orleans, July 17.-Tbe fear, aa yet ‘ Ided, that the heavy rains of the t have wrought some damage to the crop seems to have pervaded the jiarket for options, which, though netted a gain on the_close points. Spot quo tat mOmumw ware *tmdj »t (<nm tkU „.»rnlu* .It. to further eliort rorerlo*. hot there ora. mm not,worth/ hHId( of Auxtut b/ boll broker, rerl/ ln tbe d*z. whleh lead* to th*t month to bemme point of (Unirer for npee.Uttre pMrpore. Jnlr. hare prove, to be Knlen. of eoaree, the Interest U protected b/ .pot cotton. Iti*- tnnt portion., however. .Iiowcl n dretded tendency to Me dc.pl> the cooUnoed nni| com para tlvel/ Se»v/ rainfall In almont nil ■eclloon of thn belt except the Carolina*. Tbe cov.nuneot weakly review of the weather wm. very fovenble. not * Mn*te * beln*. recorded. do. preferred...••.•.•,,..,.....,4. Tnitcd States Rubber ; do. preferred Southern Pacific Southern Railway do. preferirsa......... Bloss-Hheffleld Tennessee Coal and Iron Texas and Pacific Union Pacific United States Btesl do. preferred...,.,.....,.., Vlrglnla-Cqrollua Chemical do. preferred. Western Union Wabash do. nreferred.,*.... % Wisconsin Central do. preferred w -*s RANGE OF THE COTTON MARKET AT NEW YORK. Tbo following la the range In cotton fututes la New York tcdxv: Last Previous Open. High. T/OW. 8nlo Close. Close. July .16.30 10.30 10.23 10.24 10.25-27 10.27-29 Aug. .10.16'10.16 10.29 10.31 10.90 31 10.24-25 .10.43 10.46 10.37 10.19 10.37 19 10.41-43 ms .10.4T 10.49 10.89 10.41 10.41-42 *10.47- ‘ NOV. .10.46 10.46 10.46 10.46 10.42-44 ~ . .10.65 10.66 10.47 10.49 10.46 “ . .10.69 10.60 10.60 10.62 10.61 Mch. liblii ib!«a iolia io!n iolel Cloacd BtCRll/. AT NEW ORLEAN8. Tb" followlnff I, thn ran,. In cotton future, in K«w Orle.n. today* - _ ... . . I.jt rravlou. Opeo. f]!*. jf*. B*re .Clore. ( lore. ffiSr. M !J:£ m »:■ g»^t .10.01 10,00 10.W 10.1 . .10.48 10.48 10.18 J6.U b2e.‘ lio.ji iKjj io.» i«.« Jan. .10.33 10,34 10.44 10.44 M 8ki«id'ite8d/* W.*8? TIPS FLASHED From Wall Stroet Private Wire to Gibert ▲ Clay. New York, July 1J.—Daniel Odell ▲ Co.: *.'Purchases of gbod stocks on tecea slons of moderate extent will, wo believe, give the best results for a few days, and while we wmiM n<»t nlmndon the trading position and would take fnlr returns, tho situation J*IM» I n*-» it prefernee fur tlu long slae now of tho n<-ti\4> 1hhiu*k !»••- cause of thn greater Improvement la mon etary affairs chiefly." Uptown sentiment: Whllo a great deal of in * “ * OMILww — W VV-..WB — m - —- —r — this time on It will be oaslor to mako money on tho long side of tho market than at any time since tbe Han Francisco <lls aster. Those who sre Inclined to this no tion expect tbe market to go a llttlo high er, nml then recede moderately, but do not think that prices will reach tlio low level from which the present recovery started. Yesterday there was much more trading on tbe basis of this theory than there lias been for some weeks. Those who oro still pessimistically Inclined main tain that the decline from this recovery will carry prices to a nsw low level, whlls it la probably true that bearish sen timent Is stronger thsp that In favor of llgh prices now, apparently conservative n this, are taking a more hopeful view of the situation. Private Wire to Ward ▲ Leland. New York. July 17.-Consols iidrnneed 11-6 for both money sod account in Lon- don. Tondan *>ody. Advancv, «t*rt»4 /«>«!*/ m»y r»rr/ lb. mark*t bl(b*r u tb* .hori lnti-r*.t !■ Inrge .nd tlicro I. bull talk on 8t. l'oul. IinUImor. »nd Ohio. Atrbl»on. MI.reurl I’.clflc, Locomottv* *nd 8t».l pref.rred. Iron and Btrel trad* condition* reported of th* boat, with hint* of Copper tilt! tlend belli, ralMd to, 8 per rent. It I* doubtful, however. If advaneea ran he held, for operation* »re Ur/ely profeulnnal, with very little outlld. Intereat mnnlfeat- NEW YORK COFFEE MARKET. Following la flven tbe openln, and eloalna quotation* of tbo Now York coff*. market today t Openln*.' ClnjlQ*. January February March'.'... April M*J Juno July i Auffuat September October 883446 8JM.40 Me'?.:::::::::::::::: iSifl Closed steady. Hales 29.250. * COTTONSEED oTL MANKET. New York, Jnly 17.-/There was a moder ate trade In the market for cotton seed oil during the early enaslon, with prices firmer, showing an adronce of 440Hr from jfurday. Offerings were comparatively light, nml there was some good support from the bulls. Tho less favorable reports recently regarding the strength of the cot ton crop have had a stimulating effect on prices, 8ml while there has not ueen much .ncreaso In the outside demand, local opera tors have shown a disposition to keep out of tbo short side. Prices nt the close wore He lower to He higher.—Ware & Leland. Opening Range. Close. ::::::::: M ftMH 97HVMH bor. ..u,ember December ....... NOTES ON GRAIN Polntors oa Provlalons. I’rlvat. Wire to War, A Lalaml. Chlcayo, July 17.—Parlai Op.nln, wheat and flour May IfflOe lower tbao Frldoy'a cIom. Whrat actln, b.avy at tb. dwlln., and abort llu.a out a,aln. Ou,ht to rallr a llt- tl., hut liquidation will b* freo If It ,et* below 73. Tb* ord.ra for corn are In September thla morntn,. Comml*l*on bOMM have tbe bar Id, aldk; alevatora th, other. The ca*b wit nation la anythin, but bullish. Oata a ahado eaaler on tratiered aellln* by ca*b houae*. Iluyln, by local* and pit crowd. Trail* lt,ht. ovlilnna were • ahada lower an the ■In*, with aellln, of Drtolmr lard by .1 Cudahy broker*. At the decline, them wa* buyln, by h«ol abort*, and the mar ket quickly recovered, and I* now ateady. Cblr*,o Inter-Ocean; . "C. F. lewl*, of Itlnneapolla: 'I don't think Utuneaota wilt ratio a* much whrat a. laat year, but he ller, North Dakota and Manitoba will rala* roneldcrahlii more, baaod on piMent cou- dltlima, hut It will ba four week* before tb* crop I. *«f*.’ " S c, Snyder A Co., Onmont, N*br.: II report* from low* and Nebraska In to that tb, oat crop la fully equal to laat year, In quality and quantly. Corn In prim* rouillt[ou and larger *cre*,e, ha* ,rown filter In tb, la.t ton day*, and I* now a* hlfh aa laat /Mr at this tlm*." David T. Cooa, on* of tb, targaat St. feiul* trader*, who ba* *p,nt two w**k* on bl* farm, near Fort Scott. Kan*., *aya: "Field* of oat* that apparently would yield 30 buabela to th, aar, after cutting would not make 18 buabela, and all full of ruat." mucin, with bad weather repurta from Houth Itueeta. Hhlpineut* are too amall to allow of any declln*. Corn quiet, but rather atMdler. 1 ' Caab hast dm* In Chirico Monday wa, 30.000 wheat, 40,0t» No. : Tmril for export • ud 80,000 mixed lota to I— r 300.000 buabela, and oat* ,ulf. Them were no mIm of corn or ontn. I)*llrerle* on July fontraetn ye*t,rd*y were 66,000 whrat, 3)6,000 corn, 10,00) nntn, 250 liarrel* pork and 040,000 imund* •Imrt WEATHER IN COTTON BELT. r«xa»—Tylnr, cloudy nnd wnrm. Hnu An- tuidu, light ahnwer laat night; note cloudy nud warn] lialln*, clear nnd warm. Hone- tun, cloudy nml threatening. Mlaalaelppl— Yaxoo city, cloudy nnd cool; linrd ruin yeaterdny. Nntchex, pnrtly cloudy and coot; linrd rain yeaterdny. Jackaon. cloudy nml threatening; hard rnln ycalar- day. Hattiesburg, ruined yesterday nfter- noon; now el-indy nnd pleasant. Mcrhlliin. cloudy nnd thrcatanlng; hard rnln yeaterdny iirr* Alnbamn-Mohlle, clear nnd warm; hard rain yesterday afternoon. Montgomery, partly cloudy; ralu yeaterday. Opelika, Cloudy and threatnnlag; hard rain yesterday afternoon. lllrmlngliam, drlxxllng; been raining alnca I n. in. WEATHER IN~WHEAT BELT. .Illnola, Indlqnn, lewcer Michigan, Upp Mli-lilgiiu, H'Urunaln, MlnneBMn, Iowa, l'« tutaa nnd Neliraaka — Falr tonight and wed- neaday; warmer tonight. WEATH EiTfORECA8T. Igmlalana—Shower* Tneaday; rooh . Iirthneat portion; WednCaday pnrily SwwglA-Ehowera Tneadny and Wednei- ftaliama—Rbowofa Tneaday and Wadcst Vl'lealaslppl-Ithower* Tneaday; Wednaa- <1 °^'eS r< nM4da^<howera Tnaaday and Wedneaday. Laat Teina-Partly cloudy Tneaday; ahow- ..-a In north and Mat portion*; Wednesday pnrily cloudy. ArkODana-Fair In west; ahowora In cut or Mum Ill) ; ltv.liie.by fnlr; wurniei It i-aet Ilui SELLING ORDERS T Yc8tordaj’’8 Advance Was Regarded As a Hard Spot to Sell On. • f. : SELLING WAS GENERjYL Clilef Influences Were tho Liberal Receipts in Chica go and the Northwest. ' By Prlrat* laaaed Wire. Chicago, July 17.—Wheat Buffered % ahnrp drop III price, (Inn! ngurra allow ing net loaann of 10114c. It wan a caa* of both the great wheat belt* hedgin' agalnat the actual grain. Th, bulla did not rellnh th, aelllng. There waa buying by short. In nrder tq accurn profit* and In thin Oubv »m h lender, l'aildleford held an order which »u limited u to quantity to huy Septem ber and nail July nt Me difference. Th* wo'rld'a available supply of wheat decreased 4,300,000 for the week, corn decrMmed 1,333,000. and oats de- creased 411,000. Reports from the spring wheat coun try on crop condition aro generally fa vorable. Com and oata closed quiet The for mer waa HO Ho lower, tuid the latter wan off HtfHe. Hog product, were narrow late. Canh nalen were limited to ten load, at the eenboard. At Chicago 15,000 wheat, (6,000 corn and 100,040 oata. Primary receipt, of wheat 1.107,0017 and com 734,000, compared with 7!>n.- 00# and 634,000 reepectlvely a year ago. Clearance, were 00,000 wheat (all flour), 60,000 com and 838,000 oatn. CHICAGO GRAIN MARKET. ale whenever strength de ar* offered for Mle la'Parla,' and InCwa- Ilona ara- they wilt Had, a raady .market, owing to tbe deelr* of Investors to with draw from lluaala. Tbl* statement should bad np to nn Improvement In other under lying wnhnsh bonds, some of them being on tho bargain counter. SOUTHERN EXCHANGE Oldest Established Office South. com* * STOCIS -fiOHOS—GfUW Ground Floor Oould Building. Dally markat letter and market manual moiled on application. ■'■■■■ ■ L. J. ANDERSON & CO Bankers and Brokers, dOTTON, STOCKS, GRAIN Corrtspondmt't Cipltal $250,000 RKfCRKMCC, TH* NCA1. BANK PHONC f«T. PRUOKNTIAL tLOO HUBBARD BROS & CO., meSis Atlanta Olliceu, 219-321 Century Building. Member* Newt York Cotton Exchange. NewOr- leana Cotton Exchange, Liverpool Cotton Amo- ciatlon, Chicago Board of Trqae, New York Cof fee Exchange, New York Produce Exchange. Duiinejs solicited for the above exchange,. Direct wire service. Correapondence Invited. Phone* <54, Long Distance 34. A.S. Huitqre. Mgr. L. J. ANDER80N A CO'8. DAILY MARKET LETTER. Naw York, July 17.—The Liverpool opening thla morning showed an ad vance Of 3 to 4 point,, with epot an lea of 8,000 bale* at an advanco of 3 points. Our market opened strong at slightly higher prices, but after th* opening some aelllng act In, apparent ly frotn purchaser* VMterdny who weto taking profit*,''and prlcca began to slldo hack slowly. Up to noon price* gradually worked lower on the fnllure of any organlued support to appear, and at thl* tlm* are 4 to I lower. The news from th* belt ahow* no signifi cant change, rain being reported from nearly all localltlea. The bulls arguo that In aome section* a large amount of damage hoe been done, whereas other* claim that rain* In July cannot be other than beneficial. Neverthelcaa, considerable uneaalneaa la manlfMted among ehorta and a disposition la shown to cover on all loft spot*. Open. WI1BAT- Jaly.... 74 E:;:- St CORK— Juije.M 61H ftopt.... SlH_ oat'A- July..... R#pt Ds«. roiiK— July... 19.00 77V4 79H 7»1* ly *•**• 37't IIH liS 4k*s a 19.00 Sopt.e 17.:r:^ 37.40 Jnn— 14.80 14.11 LARD— nit 36H 19.00 Bl 14.90 34^ °8 t iDE»- 07 jgfr; I'rhj 9.‘a7« OtfL... 9.m{ ff.15 4'ahii wnnAT- H 9.C 9.67H 9.374 !* .774 9.15 9.124 • aoii U111.A i - No. 2 red 7*4^79: NO. I do tTff76: No. 3 hard wintsr dsw nffljNn. 3 do a4«77: No. 1 northern spring 30©9J; No. 2 do i94 42<1; No. 3 do 754271- CHICAGO CAR LOT8. LIVERPOOL GRAIN MARKET. Whrat opsnsd H lower; l-JO p. i H lower; clo*8*d 4 4 lower. Corn opened unehROgad; 1^0 p. to H lower; closed H higher. NORTHWE8T CARS. th** northwest PRIMARY MOVEMENT. Wheat Receipte today, 1,196,000 hnshela, agnlnst TDO.0W boshsla last year. Khlnmenta today 336^100 bushels, aanlrist 294,000 nushsla last year. . Corn—Receipts today 724,000 buabela, jfiitriHt 564.0«) liuabeU last year. Hblr>« rnenta today bushels, sxalnse 358,00® bushels laat year. THE SUGAR MARKET. THE METAL MARKET. rrlvato Leased Wire. Bjaw York, July 17.—There were more Mb* eral offerings In tin. tho ton** was somo* whst easier and prlees unchanged. Copper was dull and nominal. Lead and spelter were dull and an* changed. r ATLANTA NATIONAL BANK ATLANTA, GA. C E CURRIER, President. A. E. THORNTON, Vice President. H T. INMAN. Vlee-Fraaldent. OEO. R. DONOVAN, Caahlar. * JAME8 8. FLOYD. As**! Caahlar. Capital. Surplus and Undivided Profits $506,066.6# We Solicit Your Patronage. PERL, President, r. F. MADDOX. Vlee-Prea. TIIOS. J. PEEPLES. Caablei JAS. O. LESTER. Ass t s.Htocksj BONDS, Instance of *lamage l»elng recorded. nl* t though reports of snob a character wool*! \ nor hare l*eeu surprising In the face of a I tig***! of wet weather, and thin, i i. ..... i , t... I .IF (-■.(i. 11 f 1. .n Nto Orfesai. WARE A LE COTTON, GRAIN, PROVISIONS g». 2 Wall SI., hit'i •«»</(». (1/1(1., Ca HI MBltS gee Vail CaWae fafim C /a iilllil't Mew llr'MPf Cd'fM Ildlllf. ChlCSQO i'* * ’*• , *J»* llttrpoo! cJttto 4*«SCt»lfsa **■ frlrahWM f# York. 0rt*9•». Ckltojo. 9. C toil '!*•« tH2 SttnlorO Fhooo 296. MADD0X-RUCKER BANKING CO. CAPITAL $200,000.06 SURPLUS AND PROFITS . . . • $500,000.00 ACCOUNT* INVITED Wo invite accounts of individuals, corporations, banks and bankere and offer the best terms consistent with conservative banking. In our Bavin?* Department we allow Interest At the Rate of 3 1-3 per cent. Compounded Semi-Annually.