Below is the OCR text representation for this newspapers page.

foreign advices WEREJDVERSE Caused Some Selliug of Cot ton in the Early Morn ing Session. SMALL DECLINE MADE NEWS AND GOSSIP Of the Fleecjr Staple. July Was Weakest and Sold Down to Ten Cents. Other Months Steady. Tt' cotton market opened barely atrady it i decline of 3V7 points this morning. *hlelt was more than n response to the renin, decline In Liverpool. Yemen advlcaa were considered bear M. thera hslng rumors of tlnnnclnl trou Ucs In London. ill nddltlon to the weak' ms In the Liverpool cotton market. Spot ales there were very light at 5.000 Imlei it s dedlna of 4 paints. Futures closed ft* E£ In tb* market aoine uneasiness over Its ansnrlsl situation In London; Hint the nstler has been flnaly adjusted does not Mm likely, although reports hsva It that inr liutnuidlmr dlsuatcr has been bridged stir temporarily." Miration, of clesrlna weather was slso is adverse Influence on prices: but tin 4er this lienrlsb nrray. cotton was sternly, ■ml the decline after openlug, with the «• rnitleu of July, which sold down to 1pc, ass InsIgnlOcanL and was recovered In ■.at Inaiuucra before midday. In sight for tbo week, gecordlng to Su perintendent Kin*. 40,193, against 134,903 last jiir. For season 10,773,333, against 13,158, ' M.-Indi, ! 'spadsr & Co. Inks a roiy Tien the altuntlon. In the following review cf enndliloiis. as they sec them todsy: “We think the market, belli fundamentally and technically, la In great shape for a rise, fiens everywhere lu this country look well, sad they are reported to he conalderahly short shroud. (otton business never bus Icon liettcr. and It looks ns If we would market any sis* crop at from 10c op. The money we receive from our eiports should tike cure of our money situation here. Earnings are as good or better than ever. id tin- steel business Is again on. the I (I ml n aold h'« shovl Itocks held 111 tint 1 Wseklv Interior movement: noceipis nr sill towns, 7.K*>. ngnlnat 2S.140 Inst year; shipments. 71.135. ngnlnst SI/176 last year; starts. 133.783, against 11S.578 Inst year Ueeelpts at 30 towns. 10.9:8, against 60,191 hut rear: shlpmenta, 36.nil, against 7l.6-o hit vear; stocks, 149.63T, against les.ll’t kit year. 8POT com ON MARKET. York; stondy at lie; delivered on cen trist 160. New Orleans: qnlst at 1015.16c; sales 13; delivered oil contract 100. iJrrrpool; steady at 6.07d. Augusts; quiet at 10!ic. Private Wire to Ware k Leland. Jkew York, July SO.—The market opened alHiut ns expected cat cables with South selling, tteliill a big seller, but local talent Covered shorts on decline. Liverpool .able: -Market affected un favorably on rumors of itnaurlal dlfflcul hot absolutely not eon Hrmnbte and simply based on tall of lius- bin ii loon q|Dtat»i." tv I ;<. re « r,, . 0 " 1 . fu . ,urp * “Pf""! 3 to 4 down. At 13:15 6 to 7 down «n«1 easy. Bales, 5,000. down i\t 107. but* to come About 1 to 4 down. tolfrr WU *° m Wddln* lfcjlc for 15,000 Kchlll offering 5.000 October at Mfc. Lenar-Goidmao weekly crop report: **Our nioat reliable nml conservative correspond* cuts In Southeast UUaourl, Arkansas and the north portion of tho territory advise ns that rains have been general and some- heavy during the past seven “JY®- 9S optands this has really been of benefit, but the bottom lands naturally IT), 1 ] *v . "•« weather continue. ™ere Is no question about the plant look ing well, but It becomes entirely too sloops \° n ?u. rc * i J T ful, y withstand very toot weatbei during August, should heavy rains com F*™*-., While this condition exists, there \* ooj w absolutely alarming, as the crop Is well worked out. So material com* ’ni n f.".r l -n 1 | ^ r **f*| * nd *&• weed! is grow- welt* M weather &i nf J5 e “f** ,#n . •■d normal ai shine can only result In Improving tbo rorable conditions Indicated^ In former ports. . A /t? W kctlee, have been Issncd, •totttMd! m * rk * t ,cU *• lf the-r had been ■Hie amount of cotton Into tight this »i»k la about 45.0V, bales. Msacheslcr cable.: -The demand foe restricted!'* 11 ^* <| . Du,ln,M ,B J* rn * l» v«y rrivate Wife to filbert k Clay. New York. Jnly TO.—Liverpool at >•”• «■»’ M* down, ‘was dn come about Vh down. Norden sold the market Y' ilson hid 10.38c for 19.000 October. ...SSI"* 1 . °/ , .' < ’ ,nm * re • says: "The most talked of feature of th# market for the day was the continued donund for heavy good; for domestic consumption. dome **«,*« »™ Sfprssring tho Idea that there will l» demand enough In the nogt few weeks to niece all question of conditions In this division aside, and the reeent nil- T * n »« ar° taken as proof of tbs state ment that the bottom has bean reached for tba roar." Now Orleani, July »,-IJrerpool I to . lower * ” rJ poor ’ Wm du ** point, T'a.'t foreign news and a farorable map -re Inciting considerable bearish activity, Tmlay'i man la sxdlsut-ctor and dry In the Atlantic, and showery In tho cen tral port one of the lielt. and with fairly henry rain tt Taylor nml Oalreaton. Liverpool cahlea; -Market declined on rumor financial trouble In Ixmdon, but la contradicted now." .New York aold tho market heavily here this morning. Understand Pries broktrs supporting tho prices ^ ° 00 nt * em,> * t0 Local .. v mnrkst, hut wont.... ««. decided Improvement and market looks ante again. The western forecast Indicates generally fair for Louisians tonight and tomorrow. LIVERPOOL COTTON MARKET. ■pro quiet, wim prices oi\*ier; mwm uplouda 6.57: soles 6.000‘ American 4.6U yeoiilatlnn anil export W; rtcdpti 5,000 ■tricao 100, Future* opened easier. opening Previous Wy July-August.. . in*.-Kept.. . . sept.-Oct.. .. . Oft.-Sor Jfor.-Ilec,, , , t*\-Jan.. . , , Jan.-Feb Feh.-Msrch.. . Msrrh-April..* . , Closed steady. Bang#. Close. Close. ...544-6.53 “ ...MS-Ef* M HP" tm ..5.54-5.03 5.61-5.62 5.67-5.« .6.51 5.61 5.55-5.r .6.68 1.61 6.564.1 .5.64-6.62 5.62 6.574.11 5.64 6.68 .5.67 54*4.65 5.71 TODAY’S PORT RECEIPTS. ft* Orleans .. Oslveston ... RaMIe Mtannnb ftarlosinn ... Wilmington ... Jforfi Ml 1 'oik Itlroors ... ,,, ,, Kii*«ioi|,hia’V.. Rrnn*w|ck Xfwporr Nows Francois ... ,, Totn INTERIOR MOVEMENT. Houston . August* ... Memphis , •t-tcial. .. flncInniTl Total ~ 177 SIBEBT 4 CLAY'S DAILY DAILY MARKET LETTER. NV#- Orleans. July 39.—Numerous cables *c received a counting for the nneg. irr,." 1 ''•"Hoc In the Liverpool market by ituik Hint one of tke leading hanking ET’lonibiu waa rnmore.1 to bo In .tloiltr and that tire dnancUl slots lien J. vstly dlsturlmt thereby. Optlnni E net result I points over yes- i«, ! ", "I""-, whlly spot trasssctlods were lolcs at n decline of 4 points. The K , | r "> 'I'velopmcnts abroad In tlnan- »nd the decline dne- thereto rej foreign market bed a depressing reret oil opening prices. Considerable ce*' .2 monlfeatcl during the iluy, snd » th,. msey dentals or reports of as- f-ThsTOluSi life S M diLdf « tk» uttessineon, for It was rather folt tk. though serious trouble was for M PITI* “verted, the matter bad not 7 ""ally adjusted. However, coo. . were of tbs some tenor. hnh...i. ,w :* ,or tomorrow are for n •nhernnee of thvle conditions. u’7.Tortl, July l*.—While there Is Am.« uht . ,h,t market renditions and lean Inuences were nearly all fn- itwtiii tt u stuutvem run III tin Y . Ki'iina for the territories and Western partly cloudy for Knstern Texas, . J. ANDERSON 4 CO.’S DAILY COTTON LETTER, New York, July !0.—Foreign cables were weak this morning, and together with better weather forecasts for the belt, caused an easier tone to the New York market. Our market opened 9 to 7 point, down and continued under pressure up to noon. There seemed to be quite a large lot of cotton for sale, with but few takers. While there was some activity from the bears, the disposition won not to be aggressive, th. bulk of the trade seeming content to hold off and await developments. Crop reports continue mixed, but sentiment on the floor ap, pears to be against the market, It being the general belief that th. crop I. pro gressing nicely In most localities. On th. other hand, the bulla’claim that ahould hot, dry weather follow the recent ralno, the aappy condition <t- the plant will cause it to shed badly. MODERN MILLER'S CROP REPORT, btsyy Ids were harvested tost year ' bus bet larger total risk :cst weight per of wheat thin . _ are Indicated In both of these states. ‘ de liveries of grain by farmers ire decreas ing over a large part of the soft winter wheat country, anil are locreaslng In hard winter wheat territory. NEW YORK COFFEE. Following Is given the opening snd closing quotations of the New York coffee market today: Opening Range. 6.S9-9.75 ATS ..4. StH.pl ..4*4.39 ..9,99*7.00 January-. February.. March April.... . TSJasn 3.99-7.00 $5/ fcvr::::— AafAtt August September. October November.. . December.. . CIomhI firm. ....6,56-5.40 .. 4 45-6.50 CEAJI IK S.4U4.45 1.46440 5.654. SO 3.364.7* 1.754.30 vorable this morning, the market was confronted with most serious news from abroad concerning the situation In Russia and Ita effect on foreign fi nancial centers and operators were fur this reason deterred from eupportlng our eecurlty llet. Rumors of a most sinister characted. concerning condi tions In London and Paris were In dr- culstlon and our market disregarded all of these end advanced steadily through out the session and Into the second hour of the efternoon. It Is safe to say that the European situation, from a financial and political point of view, la being deeply stirred by events In Russia, and today's trading bn foreign bourses reflects anticipations of a moat serious character. YVe believe, how ever, that the larger tanking Interests and governments, outside of Rueele, ora prepared for the emergency and Jill control It within such limitations m will avert even a partial disaster to the world's security merkets. Even admitting the prospect of full uses for all money we have at command In this country our crop ic Donitlon !• too strong W psritm tn« Scafachang* for the worst at pres- i d „T YVeexpect t «•« the market sus tained. STOCKS TURNED Many Stocks Made Material Advances in the Fii’st Trading. BUYING WAS HEAVY RANGE OF NEW YORK STOCK MARKET AmalgntnntfHl Copper Atlantic t'uast Ud« Anirrtren Sugar UeUQlng Amvrlt-Mii Suit'll lug iVeflalnc tl« prefprrctl Arab If mi , do pretbrnnl ' Amprlmn Cotton Oil...., Italtimon* mul Ohio. , Brooklyn UnpM Trniult ' <*.i11it«11itii i*n.4tic tldrafp and Zvwtnwvttsrn ? Choanpxikp atul Ohio Colmmlo Fuel and Iron Central lsenth.*r Cblewro iiiul ({rent Vve**torn!*!I!!!!!l2I«I!!!I!w!I!IIIi t'nleojru. .Mlhvnuki‘1* mill ,st. l*atil HflllYMIlf* mill lltlllNOII I>UtlUor‘s Securities Brie do preferred General Electric Illinois C’entrul Aiiii'rirnii Ice Sc«Mirltlf* I.milxrUlt* mul Nnnhvllle McvkSn Ceulral........,,, ...a.#* Mlisonrl rnclflc.,,,,,,, Near York. Ontario and Western. Nntlounl Lend Northern r 1 i«'IHc... i Now York ('cntml.,..,. Norfolk and Western IVunaylranlt Peuple’s Uns ,,,, I'ri-Ksod Steel Cnr preferred Pnrlflc Mali ' UcmHiiC Itejiubllc Steel Itock I-Innd do. preferred... United States Itubber.*.. do. preferreil Southern Pacific Soul hern Knlhvu.r do. pramrao. Sloaa ShefTIH.I Tennessee Coni nnd Iron Texas mol Pacific. I’oisa Pacific United .State* Steel..... do. preferred..,.,.,,. Virgin la-Carolina Chemical d*K preferred.#..... Western Union Watwab preferred dn Central otlve Brokers at Times Crowded Over Each Other to Execute Orders. Dr Private Leaned Wire. New York. July 20.—The strong posi tion Into which tho market has worked as a result nf tho recent liquidation mul ah<>rt selling was again forcibly demonitrated tp- I'li" •llRtnrl'Ing news from KiiunIh hml the effect that was sxpectad upon the for eign market*. HumImu Itouda fell vio lently again nnd tho discount «u the new l; !" til 111 I ."ll'l'MI rose W llh .".Mill rapidity. Balts by tbt narvittM wra dlu not cara to make the Impending pay- lent on tba second installment <>f the Mil were accountable for the I/itter move- » ent. The I^ndon department*! were also q ^ «... to follow up yeatarday'e late Improvement Ihere. American stocks came lu over the cable a trifle lower, and tho local market! started off aomewhnt unevenly. Hut Im mediately the heavy buying which had been noted yesterday afternoon In South ern and Union Pacific nml Pennsylvania was resumed and prices were carried u| swiftly nil through the market. Tradl&l up to noon wan comparatively active, and by that time the gains extended from 1 to 2 per cent and were well hold. p The stock market opened with apparent y little regard to the extreme wenknesi n London. The news from Mt. Peters- mrg in the morning papers was gentrnlly nterpreted as farorable, and tho acute de pression In the Hrltlsb capital waa little After a weak opanlng, the market r.xl denly became strong, and before the end me flrat hour prlcea for many stocks volume that brokers at times crowded over each other to execute them. Th# room traders toward the end of the flrat hour sold stocks on an Idea that tho advance had gotin far enough, hut there was no supply from any other source. Ho far, tilmwt 25,000 shares have been sold In this market for London account. Tho room was full of bull talk on Southern Pa cl Me. General comment was Hint the buy ing nil through the list was far bolter than the spiling. Governments unchanged. > . Other bonds firm. LONDON STOCK MARKET. STOCKS— Anaconda Atchlsou . Canadian Pacific.. ....... Chic., kill, and 8t. Paul Erie do, preferred . Illinois Central Louisville and Nashville Pennsylvania. ...... Heading Southern Pacific Union Pacific United Statue Steel.. . do, preferred WARE A LELAND’8 DAILY COTTON LETTER. New Orleans. July 20.—Bearish sentiment waa Increased today by bettaf weather and by reports from Soatb Texaa that naw bales were appearing at many points. This more tbsn balanced telegrams from the eastern belt to tlin effect that the hesrlst rainfall of tho season occurred In some dis tricts overnight. If there Is one thing that tbo hulls do not want It is much new cotton In August. In spite of the rains, which, of course, retard the opening.of bolls, reports of new bales and down In sympathy wltffrerr Liverpool rablra, t decllno. In tb« Uv.r K l market bavin, been Imlueed by alarm- report. roocsralnx London bank, u a remit nf slnni|>. In IIUMl.n seeurltle, Kiisll.h conaol. were down ball a imlnt at p.nt., and thla lent arena color to unfavorable report., bnt Irefora- tbo middle of the mornln. relt.bl. firma In England cabled loral rorreapoudenta that tbe ltotbarblld, bad stepped forward sud offered tbe neceMary support to .vert a panic. YYhllo tba dlwm mw elesr enough now, so far ,a England I. con cerned, It mn.t be rnnfewred that Rnaal.n polities .re a decided bearish argumeut for lower price, of ration »nd lb. jlaref- opments In UumU daring tb. next few week, will bear watching. YVhlk the weather map abdwed liett.r weather In tbe Atlantic, It eould not be aald that tbe crop situation In that arctlon bad lm- porred any. TbtL forera.t promlred f.lr “ -Iber tonight and tomorrow. A .tretcb f.lr weather In the eastern belt will destroy .boot tbo biggest argument tbo bnlla fu Ilimaf - ten bales new cotton offered Their buyer Is lu Boothwrat 1 my. be expect, to boy 600 boles t next week." STOCKS REVIEWED BY NEW YORK SUN New York. Jnly ».-The Bun My.! "In terest In tbe iteek market w.a almost ex- elualeely raoBned to the deollngai In tbe teat boor of the stock exchange araalon. In tke test boor over IM.303 share, wees tam ed orer, tbe Increase In aetlelty being due, seemingly- to Inffneneea connect«<l with the announcement of tbe Amalgamated I'noper qnnrterle dlrldend. this action lining of ex- netly tbe anme Mtnre ns that taken at their test dividend meeting three month* •go. Prices l<efore this news waa made public had mored feebly up and down within n range for moat stocks of no mors ■wdWraaT.... Total sales of stock* today, 6M,COO aha rat - NOTES ON GRAIN Pclotarg oo Provtatons. Private Wire to YY'.re k Leland. Chicago, July 30.—fable, nr* not reflective f nor rerlou* trouble abruuiL tb. weolher ondltlon. »re nil that rould be tleslml. Itnat scares urtU be looked for mi l will have n tendency to rnuao a rather or-1 11It? market. The undertone to «M| la >t weak, and * little sew MentaffM, which la Imuud to coin. <m the bull aide, Srii? YVheat actrel very r . Hfi expect to MO a lower tnnrkei today. lYlack rust aceiite to bar, done little or no darn rher/'bae boon a lot, my oulet buylag lug ou fn wboat all moralag. Loohf » gome of tbe aellert of Hum troum are eoveriai v are eoveriag again, John Want a fair buyer May onto. North- ? tatnnnn beat bujr. n* mostly by ram era Neptrml mlaalon bo«L_ I'rtMlabma opeued a shade firmer on buy- ng of November lard by rammlaalon louaea. looks aa though thmr were buying November aud wiling Meptember to efoeaT Itllw firmer, fhlcaito Inter Oct rAtett' ojjjff trienta ’Nrethweniern 7 piinpTn'gM of line. Mi,.^u W W d * M , At Chicago sale, of wheat wore JO.OM data 1 hU,k '" he lattee for loading away up In Ih branch. U'nodworth, of Mlnnelholla, In a — —"They have begun to barveat * oata ever raised In W* Re”ta7JSi crop 5 northwest." mgthtmmmmammm H I Mi' ! " RANGE OF THE COTTON MARKET AT NEW YORK. The following la tbe rang* lo cottoo futures In New York t^*dar: rrerlous Open. Hlcb. fx>w. Mats CIihm*. Close July ..16.00 11.IO M 1L07 ll.mro lS.15-1 Aug ..mu mu mu mu mu-io w." Hep ,.10.37 10.33 10.3 10.37 10.W-27 1“. Oct. ..10.33 10.34 10.20 10.33 10.33-33 10; TIPS FLASHED From Wall Street. Private Wire to Glbert A Ctay. New York. July 30.—Daniel Odell A Co. While w. cannon expect tbe stock market So Ignore the civil war reporta In Itiiaala, which will give tbe bears a cbanc. on tbla rail/ to make on attack today, market Is Kid out and liquidation baa ap< parently erase] In volums for tbe present, and w. would buy good atorka again, ai recommended yesterday morning, when tbay are weak for tarns, maintaining tbe trad' log position, but preferring tbe long able. Marshall Fpader A Co.; Today's market will be Influenced In some degree by the week's movement of money, though oew, from Itnaala #111 be wafched with th. Kiuraua. lug was rather greater than axpeeld, and cnntlon In commitment; la advisable. Waaeermann bongbt 1,300 Penniylvanla; wants 4,000 more. rrivate Wire to Wau. _ ... New York. July JO.-It li very that aulMtanilal support It Mag to offtet tbe unfavoratile Influence than air point. GIBERT & CLAY STOCKS. ■ONOJ r \ ATIANTAOA.. Stock Ex^hsnfc IN<*w Orleans Cottoo £ z ^}****? |^ATsorUtloo Luna Olitent^Em R. FAGAN. Mnnuflar. started In tbe market when fte dividend rate waa announced. Imt rim epnree of C -es thereafter «Heated with greater force n any clrcumstanra that baa luppened for a long time back. what Watt atrret terms tbe Kldamt condition In wklch ihe market now atanrta. A few earlier efforts dent that no real llqaldatlm In rim previous fall had bten prorated. Tba opinion that the market waa occupying a el ranger po sition than had been groerally annpoMd rapidly gained ground, and rim entire In- reeare In dealing. In the tart hour was ar ■■panted by a sharp upward bound In ...otatlons, whlc‘ — . — rtpal stocks t» ' "fan yon repeat the Declaration of Independence?” nhe naked. "I used to be able to," he replied, "but about nit 1 remember of It now Is: "To be or not to be, that ta tbe ques tion.’ ''—Judge. ling bullish on H.rrlman urnrr troubli. - H'toeki t er than last, nlrht. Oates people talk 11 r *ta # riie outlook for the bank statement nacrad°tbtoughen! "" foci I mi t lop^ma tri featad to' .upport prices. If this support la maintained, we bell.ve the tiear element will make a neb to cov er, for stocks .re apparently limited ta of- *&£>. In Loodmt thl. qmrntajf .how ox- Item* decline of 14 from yrttc-r— - t'opiicr metal advanced In .ool tint had Id'llqi date la Mid to hava,regained rtrength ai ' , |„ rr v P e!,"lm n e5t , h l 5yl7i* of Vlnlon. Pacific to We think 4b# stock msy be Ukeo upon stl recessions. Fair aeraana iw *» •'»» «•.""- . Twenty-fosr rosrts for second «r«#k* «{ July show averse# frosa Increase of 14.11 ^Prrafident Roosevelt to enforce dfht-boiir law OS all, jowuyt ffSSSSf* rnmnsnl-* Twenty-fosr forelxn InsorsDre compn°i|*s jBtaln"! net loss of orer 547,000,000 lo ^iL^fiSflri says AmsVrsmsted Cop* Mr (■ .ioinc well by Its stockholders. P Bt. An"Mmncln* ha. probably Imen •« •«.*• te'f of the ftWO-MOrdd •" OP" 1 ««fkot In r broke AT NEW 0RLEAN8. g:is li?o loiM 11:2 11:1 <>'t iiikio ioii io.'ii io!ri jo.'i*" !!!.«si K iJij M i£& Ip !Ji Mch Xio.M ihii ii!U io.ii Imivo mi Cloted barely atrady. ■Other mcBMgM reported tbe cutting nf Mta cnmmcucml at Parker, B. D. The Lnorthwest npbl oat. here on the bulge. i Mtfim r h !^H. ,r * FYVatauu, Mlnnenpnlln, My.; 'HYiir rammte tbla morning nre absolutely perfect, wc niiaht to kimw, an we bar. twu cnnatantly covering. Ihr nortbwMt." H I'araona of the Western Elevator Com- pony at Winona, Minn., Mya; "Tbla I. the mint where they rr|Hw!ed Much niat w»» Unnd. No black rust at Winona. Im not think ttmrn nr*acre; lu wteat In this Cimnty. Very little wbMt' at fit, Paul. There are acme reports nf red mat on YMnona nnd fit. Paul railroad, whlrh temla from YVInnnn to YVatertnwn, B. It. Going west tumorrow noon," J Prlvnle YVIre to Ollicrt A Clay. Chicago, July K-YVbMt la up on nc west ilnmngo claims sud likely to go r Mh«r. ^ •line la friend)/ to corn, leago Record llernld; Bpectellala In Jalonn anaert that thn market la show ingIta artMctallty imu. clearly day by day. ftnngh rib. and dry saltsdr meat, of every Krt are offered at very low iirtcee -id meetlni ■rblls, pork ■ barrel | w.a marked almoet to d. Mean- o tb, 130 EARLY ADVANCE WAS WIPED OUT thn plant, .. Mon hy tba In , _ covering, ceuecd n riee In next crop mnntha for n time, though there waa n reactloni Itoward the clone. Homo nf tb, report, from Texo. Insist tbat tb. recent rain, bard been excessive, nnd there ws. n cetrali. amount of arattered buying on tho chance that recent developiBmmmtemriMMMMMd ^‘re 0UC nnTr,i B selling, as war# NiwTOpbiib lm fn* gansrally, partly heceuee tb, Inillcallom i, temimtemteMM^ of I ho .... indications, I ted to storing wMlher ce.i ppl, and partly because very r favorable crop reporia are 1 —' Interests, too, sod olme TOP r ares spot Inte the until.. seen happens In the neil ■■■■■■■ weeka Adverse report* there .re from her* hat we ' . however, 1a the nocSMlty ft# n Urge rap to meet tbe denumla of very Inrge rorld'a requirements poeslhly tbe largest n recur*]. Rut opposed to the bull leader ..re Wall street iieople, I’bllidclpbla epot Interests and apparently tb* great bulk of Urn fiouthera trad,. ITndee th* elrcum eranren tbla crop doted 10 points under, tk* highest price of tho day, and tb. vance In tba naxt crop SKSKfll every little advantage acquired by cither faction ban dlupelled moat of tbe deolre among roam trader* to rate * hand, nml at tbe Mint time ban about eonvlned the talent tbat th* July d**l Is piling up prof It, offtettln* loeeee. Otherwise, the cot. ten market conttnnM featureless, with ih* dor* motatnro *l2X*t4 ,d p m irf 'H^SdJ'J^htarto.OOOoSA* 1 b'Tiarritneo i *ioml*m«dSt d "srS£?bj'ii.2irff{S,'« *fiss wsTSwaWoiavs John j^h Rrahefeller expected to Mil to "It mu*t be nice to he n bare," re marked tba quiet mam. "It ta for a minute,” replied Senator Badger. “After that tba hero wonder* at the world's bad memory."—Milwau kee Sentinel. yMterdar, bnt tb* fear of clearing weatli er pull*.I them down again. Euaffltes wat ■all, Interest limited and 0 net nation* oar- gM, ?n,T ta^raan Ti "For goodness sake, what'* that nolae?" 'The girl next door I. having her vole* cultivated." "Huh! Apparently thn proven of eul tlvntton hna reached the harrowing see ion.”—Philadelphia Ledger. SOUTHERN EXCHANGE Oldest established Office South. COTTON STOWS BONOS ORilN Ground Floor Oould Oulldlng. Dally market lottor and market manual mailed on application. L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN CorrespoRdut'i Capital $250,000 scrcncNcr, the neal bank PHONC 1417. PfIOOKNTVAL RLQG .AND >TOCKS7 BONDS, Htw Crlttts. WARE A LELAND COTTON, CRAIN, PROVISIONS, STOCKSTI ■a. 2 Will St, Frier, l.ilriag. Art..re. fin uimuM: w Y$tk Cttto* Itthmit. Chit>io ton4 «f JnU. 1 Oflooii C•»»•■ txhooqo. ClkMB Sloth f«kaMV. trpool Cotton Attotlot o* Hew York Cottoo [Mthtngo. frit oft Wlrtt to How York. Horn Otleoot, Cblngo. fi. C C OJHih*. ¥»>ote. *►••• 1262 St»o4sr4 rtooo 7M. .ftInf qulellj to l|i out of their holding*. The Bcbwaback ar •atluatn of atorka of pnMinrt In CM «*ngo ehowa that aupplUt of lnr<l nml rib* are ateadll.r mounting upwnrrl and hava already reached a rcaiwtahic total. Hlack ruit waa an exceedingly live prop” oattIon In the ap#culatlve market for pvr iapa x hnlf hour after the opening ol change yeatenlay, and waa a limiter ol doubt about aa mnch longer. Thereafter It • • -III t lit "til. In 11111 m , r 11111' ••* A i ik number of good crop report* were re ceived from the Canaalao Northwoat. The follow lug from McHcnn, of Winnipeg, Ii n aninpl#! "I have report# from ov#r 100 —““ —'Pi In •lack runt In any renortod tho arrival there era Offerloga were light. *»ii» fcru.J L.^—J nent latorota who bare been eupportlng the market recently were not la evidence, and thla reault^d lo a vary dull trade. There la oome little export iuialnea* doing, hilt the caah trade, on tbe wltole, la mod- ■B — * - - eloee were ooi't % k?il A Inland. Opening WHEAT OPENED WEAKJ1 LOWED Lower Cables and a Lower ^Market iu the North west Main Factors. INDUCED SELLING Trading Was Light After the Opening aud Fluctu ations Were Narrow. Dy Private Laeaefl YVIre. Chicago, Jnly 33.—Grain hulls were tarem! Into a rear sent. They bsl.l thn vartuua markets la Ibslr hnuds up to a lata hour, and they were tbsn quick to se* thslr ml.tate, rioaln* pries. ,h.iw,.,i dines ,,f u B ic |„ nbe.V Tuns- In ,-nru and In oata. Ilcg produrta 5® le.Hg grain cam* out In profnslon, and ta • bulla Tracked awmr from II not un- Iks * colt I tacking Iwgy from t snort. ■ ".was a day whan th* Jsmes A. Fatten, wko northwest. Is a le.dinj .. xt> what ta know* ol to stem rid. in corn, and ths.Mme raodltlon* exist,' I lo otts. hut retwlpts of two cars nsw of tbs 1st. t grain waa to., nt’ieh for tb„ longs, ‘h-arancra from tb* seaboard for th* •elt i.6N.f«e wheat and 0,411 corn, com- K red with 703,309 and l.ui.ow, rsepsetho a year ago. - 1 ritnnry rseelpta: YVhsat LMMH and ■I ■■’. against tit."-) sod tir./sw, r*- llvely, • ’ - ysar ujo. CHICAGO GRAIN MARKET, KH Open. YVIIEAT-7 gr: g Bspt 6 Dsc..- tali $:•:? 8 .j, 0 ?*:, E 8 S 4!>S 8444 s E|r nf j$r M‘ E Syi - m bk H. W July... 9.31H tt; ML .. WHMAT No. J* rad 1Pflf75MI No. 8 do 7Vnp; .N.i hnnl winter 7741/7**4: No. I do 7»«*fr77. No northern spring 79&81; No. J do Tyv/*' o. S do 7558?7. vv oral *,, *g* I,, ••• NV SB::::::::: U lug, 13,990 ILW •r*i*t THE DRY GOODS MARKET. Wo'rVW!?ta dry ket la generally, quiet, but tt larger tra»le In heavy gaoda f. . conaurnptlon. Several naw lines of worst- ml war# opened. Fancy woolen goods were •low. The Inquiry for ~ mm entirely subslrjed. goods mar* hero waa n for domestic LIVERPOOL GRAIN MARKET. Wheat opened % lower; IJfl p.m. U low ’s elo##d % lower. ■!N»ra openod *4 lower; 130 p.m unchanged to % lower; closed nnebangrt! to <i lower. THE METAL MARKET. Br Private Leased Wire, New York, July 20 -There wna a decided ly liatter Inquiry for tin which riereiopod considerable firmness, ftpot and nearby deliveries Improved nearly Se. Otherwise trading waa 8t n standstill and prices nom inally unchanged. Th# exports of ronper to/ the week end- NORTHWEST CARS. Minneapolis.. „ I»'ilu»ii Chicago. M .. Today, WSfk. Yrar. 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. Frtok Hawkins, President, n. If. Atkinson. V. P. A Url'nr.l C Joseph A. McCord, CtsMer. Thomas C. Erwin. Asst Cashier* H W. Dyt-ra. Ak.-ir « aahler Third National Bank Capital Surplus Itoe Iterg»n ia W. Grant. Y. McCord. . . $200,000.00. . . $300,000.00. DIRECTORS: j if Nunnallr. J. (irTwnfN, in. ill* ls!li* David Woodward. MADD0X-RUCKER BANKING CO. CAPITAI $200,000.00 SURPLUS AND PROFITS .... $500,000.00 ACCOUNT* INVITCO We Invite accounts of individuals, corporations, banks and bankers and offer the tn»t terms consistent with conservative hanking. In our 8nvlngs Deportment wo allow Intorcat at th# Rato of 3 1-2 per cent. Compounded Semi-Annually.