The Atlanta Georgian. (Atlanta, GA.) 1906-1907, July 21, 1906, Image 15
SATURDAY, JULY 21. 1!
BEARISH NEWS
Declines Slightly, But Usu
ally the Loss Is Recov
ered on Covering.
THEY SCARE EASILY
Prices Slumped in First
Hour on Liquidation, But
Recovered Later.
Br Prirnte Leased Wire.
Sew York. July 21.—The cotton market
opened utesUy 2C3 points lower. The poor
taMe*. line weather nnd liquidation ac
counted for moat of the decline. After
the call, henry pressure developed from
local bear Source* and prices broke sharp
ly. led by AufUst, which declined 7 points
asd new crop months about 6 points.
Tbe American markets for cotton for fu
tare dellrerr were aoruewhnt more active
than Is usually the case on the lmlf-hollday
■hsIoiik. The bulk of the business today
ran In October and December; aud, despite
the favorable advices, from the crop and
a tower Liverpool than was due, these op-
tleca dosed at tinchMitfed prices fr4m ye*-
tardav'a finals. During the first hour of the
aeaslon today, there was a slump of from
5fiT points on liquidation, but when It hni
ran Its course the market became dull, and
on a little evening up prices gradually
worked up.
SPOT con ON MARKET.
Atlanta; quiet at 11c.
»w York: quiet at 11c.
New Orleans quiet at 1015-16c; sales 175
delivered on contract
Liverpool steady at 6.06d,
Augusta; steady at U*4c.
Savannah; quiet at 10%c.
It. lioula; quiet at lOftc.
LIVERPOOL COTTON MARKET.
m.—Cotton,
•pot quiet, with prices at
lands 6.06d; sales 4,000; Auirnaiu
•pernlntioii nnd export 500; receipts 17,000;
American 14,100.
Futures opened easier.
OtMlng
Jsly
July-August..
Aug. Sept..
Rapt.-Ort.. .
Oct.-Nov. .
Nor.-Dec. . .
Dec...Inn. .
Jin.-Fcl». . .
Feh.-March.
Marcb-Aprll
Closed quiet ond dull.
ttsnxe. Close.
..,.6.8*4.60 6.80
...5.80-5.77 5.77
..,.6.71-5.63 5.60
. ,.5.65-6.62 8.6S
. ..5,62-6.53 6.10
. . .6.61-5. M 5.18
. .6.61-6.09 6.56
..,.6.62-5.60 6.60
. .6.61 6.61
.5.64-5.63 6.63
Prsrlous
Close.
6.66
5.79-5.80
6.71-5.72
5.65
5.61-5.62
5.61
5.61
5.66
5.64
5.66-5.66
TODAY'S PORT RECEIPT8.
INTERIOR MOVEMENT.
Houston .
Augusta ..
Memphis
<§}
MOVEMENT OF COTTON.
Following Is the movement of cotton for
the week ending Friday, July 60, nnd the
wtm for the season up to the same date,
w complied by Superintendent King, oI
w New York cotton exchange:
Movement for Weak.
This Last
Year. Year.
Jw receipts .. . 24,924 101,716
Owtnn-i |„ mill, and
_5«p**i* 8,165 MR
10,11 t,kln ** ,r *'
Umattdi M.OOO 10,000
of .took it Interior
13.898 I
'refk' 10,0 * or * k *
♦0,103 134,003
Total Crop Movement
ff""ylpt... V,34,838 »,*73,707
Ot-Hanri |„ mm, aD< j
(ana-la M0,Oil 3,881.1
*,008,000
107,913
nilll taking! tea-
Umat^i, • 3,100.000
•"^It »t Int.rlor In tawna
of S.pt.mltrr £* 11,384
*t»n«ht into atfht thus
(«t to, Htaon. 1 10,778,W8 U.1M.STI,
WORLD’S VISIBLE
8UPPLY OF COTTON
.te-ftr IIum'i statran-nt of th»
w wk ?ni[| “ supply, of ^cotton for Ins
ftjane ( •
HI la »t
*jdlng Friday, Jnly shows n de-
106.062. against n decrease of tl.»
njenr and a decrease of 116,6*1 In
JJ.-. total risible Is 2.665,379, against 2,-
>;£week. 6.116,426 last rear, and I,-
{*** .before laat. Of this, the to
ijlwkAmerican cotton Is 1*699.379, against
«SM 1 ."{•*• L838.4M laat yrarT nnd
I Sir, Itrfom laat, anti of all othrr
JSWlKiudlti* r.tr*. WtulI, (.Vila, ntc..
LSnSOO laat work. 1.1*3,008
""'I 810.8Q0 year beforelaat.
I. Jf '"'"I world'a vlalble supply of rottnn
decrease compared wlfh
01 MMtt » drermw! compared
rnr of *83,0(7. and an Inrr.-aae
w(lh Trtr tl>t of
"grid's Ttilbl, .apply of ration
'■rni n;,. *• now a Mat a ad hrld In
tlm *«d Motlnrntal Europe 1.-
S® “i 11 "*' 1*13,000 Ll.t yrar, aid L-
!»for» laat: In Crrpt K,i»),
S?E '■■S f*ar awl i«,woy«r(5?
>■1 rA; ln JT’ 000 - »»»lnat 131.000
•*1 , . ***■•» frar hrforr laat;
Nun t.« 1 nl,wl States 4-X.OOO. acalnat
kit.' a "t and 3)l'0Cri year before
NEWS AND GOSSIP
0( the Fleecy Staple.
CDeet
enr point lower. The Imlllnti weekend
•opply flpirra evidently bad very llttla
Influence.
. Lontl tradrra hare Item Belling rather
frealr thin mornlua. Market apprara heary
and haa hot few friend*.
The map today la excellent, clear and
dry. aud abonld exert Ita Influence toward
lower lerela.
Hon says: "Cotton picking ban begun In
the earbr districts. Mure textile mill, have
voluntarily advanced ware. | per cent.”
Bradatraet’a aaya: ..“Trade. Indnatrtal and
ttmYitic 1 "^'* ftntr * 7 cootlnna highly op-
Prfrate Wire to Ware It Belaud.
New York, July 31.—Market opened tower
anti about na expected with very little bna-
Inean In eridence. t'nmmlaalon ttonaea Bold
* Httle, a Milted by M«n« of the local Ut-
Behlli la ateadylng market by bidding for
• it roller.
Fullmvln
cotton on .
the New York
Thlsw’k.jldist w’k.
Unt Y’r.
Y'lslble supply.
American ...
Crop lu alsht..
For week
Port receipts .
Stock*
Exports
lut. receipts...
Shipment a ....
Stocks ...a,....
f»«-843| 3.7M.4S
10,'67i.'»U 18,'K0:Jsn
-67.388 (4,064
a-lgl n-tK
TO fg
tS'i ifllt*
1.942.70
16,015,506
147,092
* 104,182
«
88,374
i%3
CHRONICLE’S WEEKLY CROP '
AND WEATHER REPORT
advices from the
flint rain Has been
tlie week, ami thut ... ...
lAtlantlc and Cnlf states and Texas the
precipitation haa been heavy. A few of our
correspondents comblnln that excessive
moisture Is csuslng damage to cofto*. and
In sections of Alabama from low lands are
reported to have l»een overflowed. Others
state that the crop la progressing well."—|
Wnr© ft Leland.
WXRE & LELAND'S
DAILY MARKET LETTER.
Now York, July 21.—Mors favorable
weather In the cottou licit led to some
.selllug In Uverpool this morning, and
^rtcea abroad eased off 2 points. In addition
;o the deeline of yesterday. The foreign
market was not eueouraglug to buyers,
aud with liquidation In the old crops still
under way, prices ran down several points
durinp the early trading. Later prices
ng
ts heretofore. There noetuetf to lw» con
■Idemble c*»\erlng on the decllue. and not
much pressure, being Baturdny half-holiday.
With favoring weather In the Atlantic
states, It would l* difficult to bring about
much of an advance In prices; at least,
uutll after the bureau report on August 6.
lu the meantime, traders are not disposed
to take an aggressive stand ou the mar
ket, nnd on declines cottou la Imnght to
lie sold out ou the first rally. Tbla seems
to lie about all there la lu the tunrket.
New Y’ork, July *1.—Considerable bullish
talk waa Indulged In. due to magnificent
crop prospects nnd the weakness of. the
Chicago grain markets, a reflection of It.
although aome of the tending houses were
conservative and not disposed to follow ml*
ranees. A great deal of favorable com-
■PPVUsaoari Pacific and 8t. Paul were
bullish features, ami there was particularly
good buying In Southern Pacific. The Imnk
statement made a most excellent showing,
^little realising took place late In tbci
WRslou, but the undertone waa atrong and
a higher range of values seems assured.
STOCKS STEADY
. IN EMU'TRADING
Material Advances Made in
a Number of Lead
ing Issues.
RANGE OF NEW YORK STOCK MARKET
Amalgamated r«»|»|>er.7....1T
Atlantic ('neat mm..,.
American Sugar ltednlng...
BUSINESS WAS ACTIVE
Sales to Realize Profits on
the Advance Caused a
Moderate Reaction.
American I.octunotlre
do preferred...
American Smelting Refining
1o preferred
bison
Jo preferred
American Cottou Oil
Baltimore and Ohio
Brooklyn Rapid Transit
Canadian Pacific
Chicago nnd Northwestern
Chesapeake ami Ohio
Colorado Fuel and Iron.v
Central leather
do preferrad
Chicago and tireat Western
Chicago. Milwaukee and 81. Iltul...*..
Delaware ami Hudson
Distiller's Securities
Erie
do preferred...
General Electric
Illluols Central
American Ice Securities
IjoulsvIUe and Nashville
By Private Lcaagd Wirt.
New York, July 61.—'The weekly • bank
statement waa curiously at variance with
what Wall street had anticipated. An In
crease of 86,000,000 cash waa what yester
day's figures had Indicated. Today's returns
show actually that the holdings haw rli
911,700.00. In all probability, this la an over
statement, the same as the. averages of
previous weeks hare understated the true
situation. Hut the essential fact Is that
mont In surplus reserve accorded
the most favorable anticipations
ount standing
than a week ago, nearly
thau two weeks ngo, and
paring to disadvantage with the average of
former years.
stock market, expecting a strong
statement, opened firm, and rose quite
generally during the first hour and n half.
Abroad, there was an all-round It,,
ment, and the Idea seemed to dominate
the foreign dealings that uneealneaa over
the Russian outlook bud been rather over,
done* Russian securities took part 1n the
general rise today, sml l-omlon turned buy
er In the New York market.
Special strength and activity was again
Isplnyed In t ulon aud Southern Pacific
iid Pennsylvania nnd Ht. Paul.
Profit-taking sales were rather larger
after the appearance of the hank figures,
hut they failed to check tbe upward drift,
e market ending practically at ths top
figure* for the day.
In the stock market a number of stock a
showed small advances In first prices, ex
tending to >4e In Amalgaametd and Read
ing. Uc In Union Pacific, Htocl preferred
aud 4*c ln LotilsvIUfc nnd Xaabvllte. Ht.
Paul started V4c lower; Brie lost %c at tbe
outset.
The market durlug the early trading con
tinued steady. Material advances were
made In a num!*er of leading Issues. The
is of the same character that lias
l>eeu tbe dominating Influence In the mar
ket lu the last two dnys. but on the ad
vances noted sales to renlli
UUMMl J
New Y'ork, Ontario aud Western
National I.end
lorthern Pacific
•Vw York Central
Jorfolk and Western
Pennsylvania
People's (las
Pressed Steel Car..,
do. preferred
Pacific Mall...
“ ding
, .Ublb
Rock Islnnd
do.
Houthern Railway.....
do. preferred.
Sloes-Sheffield
JnlOII SJ.V8HV
United States Hteel '.
do. preferred
Vlrglnln-Cnmllnn Chemical
do. preferred i...,
Western Union........
Wabash
do. preferred
Wlsconalr Sag
K-umin Central.
do. preferred...
Total stock sales today, Slfijfo shares.
•RANGE OF THE COTTON MARKET
AT NEW YORK.
>ther bonds quiet and firm.
LONDON STOCK MARKET.
The following la (lie range In cotton
futures In Now York hrjar:
Lu«t .Previous
Open. High. Law Sale Close. Cloae.
July ,.l6,ll 10.11 irrm mil J0.09-1I lO.ffMS
Aug ..10.12 10.14 10.06 10.14 10.14-16 10.15-16
Hep ..10,22 10.22 10.23 10.22 10.24-26 10.26-27
Oct ..10.29 10.83 10.26 ia63 10.22-66 10.62-M
NoV ..10.61 10.31 10.» 10.61 10.64-36 10.64-36
Dec ..10.36 10.41 10.16 10.41 10.40-41 10.40-41
Jnii ..10.41 10.44 10J9 10.44 10.44-45 10.44-46'
Feb 10.45-47 10.45-47
Mch ..10.51 10.66 10.61 10.56 30.6546 10.5446
Closed steady.
AT NEW ORLEAN8.
Th«e following la the range In cotton
futures in New Orleans today:
Last Previous
Open. High. Low- H-*le. Class. Clone.
July ..11.01 11.01 11.00 11.01 11.06-66 11.03-06
Aug ..10.63 10.66 10.68 10.* 10.6648
8ci» ..10 45 10.46 10.46 19.45 10.44-46
(>ct ..10.27 10.10 10.23 16.29 10.29-29
S l&Siil 4
|'el ,.... 10.
Mch . .10.40 10.49 10.46 10.48 10.1
Closed steady.
OIBERT A CLAY'8
DAILY MARKET LETTER.
New Orleans, Jufy 21.—There wo* no espe
cial feature connected with the market In
Uverpool to create more than a passing
Interest. Options closed lower by 2 jmlnts
and spot quotations lost 1 Point, sales
amounting to 4,000 bales. There Is no
gainsaying the fact that the UuMalnii nation
la face to face with a crMs of the moat
extraordinary moment, as affecting the
world'a equilibrium. Htudent* of political
economy are unwillingly pessimistic, so to
speak, over the flnnl outcome, for. while
they recognise the marvelous growth nud
prosperity of the American nation, they
feel that the great * “
universe might soon In? called upon to
bring their force* to bear upon a'situa
tion which a world empire, torn by In
ternal .disorders nnd civic atrlfe, would
necessarily create. The fear of the re-
strirtlnn of trade, the reported overpro
duction of fabrics and the waning demnud
for the aniuc. owing to the already over-i
stocked condition of the eastern merchant*.
are not only Influences to be passed over
lightly, or not at will, bat they are also
economic facta that must exert In due
time their proportionate effect upon the
value of cotton.
STOCKS—
Anaconda .....
Atchison
do. preferred
Baltimore nnd Ohio. . .
<'siwdinn Pacific
Chesapeake anil Ohio. . .
rhfe., 3111. and'St. Paul...
Brie
do, preferred
lllnnls Central..
Louisville and Nashville. . ,
Missouri. Kansas and Texas.
do. preferred. . . .
New Y'ork Central. . .
Northern Pacific
Norfolk and Western...
Ontario and Western....
Pennsylvania
Reading
Rock Island..
Union Pacific.,
United State* Hteel.
do. preferred. .
Wabash -•
do. preferred.
TIPS FLASHED
From Wall StrooL
Private Wire to YVare ft Leland.
New Y'ork, July SI.—London cbntigei
alight.
Panama bonda largely oversubscribed nnd
n favorable bunk statement expected.
Bull tips out on the coalers, western rails,
sted* and coppers. Trade cotidltlous fine;
railroad earnings large and bullish talk
Ja heard on Harrfmau Pacific*.
Activities may not In* pronounced, and
reactions likely to follow. Ksrly upturn*
with the usual week-end evening up among
room traders.
Americans closed firm In London, with
active l»esr covering In evidence. Hteel*.
Pacific Mall, Union Pacific are starting out
strong. Knty ought to do belter; also
• **acfflc and Southern Railway.
Private Wire to Albert A Clay.
believe, contl
tory returns,
not overstay, for the elimination of short
Interest now going on will to some extent
...... ............ lay the market open as a whole to lienr
NEW YORK BANK 8TATEMENT, attack, but tb« bear element Is not likely
'Cautious buying of
Inna to
b PI
not overstay, fo
The weekly statement of the New York
Its recent liquids— - . a ,
sne*. The iMink statement today was s
very aatlsfactoy one. showing the snr ;
B ins reserve In excess ©f I19.OM.000, and
he financial situation for the time being
could bsrdly be better. All that Is re
quired Is moderate Imports of gold, which,
under existing conditions, are quite likely
to take place as much as n result of s
natural balance of trade sa Dora financial
operations by Americans abroad. The stock
market situation looks strong enough to
bold and make further Improvements In
▼slues ah a result of * ehnnge n senti
ment regarding the financial situation.
TURPENTINE FIRM
DURING PAST WEEK
gpratal to Ttio Grar*t,n.
Harannnb. Joljr 2I.-8plrlta turpentine be-
ran tba week Arm at f7H<\ and rloaed Arm
at Re. At on. time It looked aa If an ercu
lower price might be reached, bnt a Terr
large dtatributor came .Into the market and
awept It at 87c. Tbla action brnngbt other
bn/era to a realization that there waa .mail
chance of n lower lerel. and the,, too.
came back Into the market for anppltea.
Oa the 8rat <lar the cloee waa quiet nt
87Mc, the decline to *7c taking place the
following dir- At the etoee o« Toeedar
ths higher Agora was again rsacbsd. only
to hSTost t&» following day. tbs market
rgnmi*l*f at the same figure for th«* re-
maindrr of Ihc week rroni P , racnt lndl >
sir^.‘ch^ u 7nd ,cr .;'r , ?£*i h c: zsrs. y?
7hTc«,^r
14,4(1 cake, about one third of the
*BoaTa t « l »bl!w«^7 r riS/nB tendency, and In
gain of 10c oxer the aeaaloii'a Ignrea. Thef
ATLANTA. OA.
GIBERT & CLAY
" t ALABAMA AT. SS A?*
copfec, naoviaion,
Bxchange.iNew Orhla'. < ..n-n I ; haage.t^lc^ Baird of Tride.^
: Ers::p-:.?:3
UmI *nd Lora Diatanoo Totophon7i£n! t ia ‘' n< v7. R. FAGAN, Manan.r.
Reserve. Increase
l.osii*. Increase
Specie, lucres so
l^gals. Increase 61,637.000..
Deposits, lucrsase |30.*I7.m
iio.ia.ooo.
M'CULLOUQH BROS.* FRUIT
AND PRODUCE LETTER
conslderabie extent, sod
In sight at this time. We would not nog
leet reasonable returns, but we would pre
fer tbs km* side when stocks are soft,
sa Ike largo Interests are a little more bull
ish. according to our Information, and their
l/mdon market for Americans la only
slightly lrrogul-.tr Is taken bjr the uptown
Interests as Indicating that the lam M«l-
era of Americans, imth In London and
here, are not coucerued over the Russian
situation. The character .of ths fgoudon
market this morning la all ths more reas
suring to the Interests which are looklug
for higher prices !>crauae It follows n atrong
market here yesterday. The conservative
Interests uptowu are looking for n con
sldernhly Iwtter market for the next three
or four weeks at least, but they do not
look for sensational advances except In n
few Issues. It Is liellevod, however, that
the short Interest Is still large and that
when the general covering movement sets
NOTES ON GRAIN
Pointers on Provlalnnn
Private Wire to (llbert A <1ag.
Chicago, July 31.—Wheat cubic,
steady compared t<» o«r decline. Thera
are no new fenturea as to mat In tle-
uocthweat, and ehanrea an> .1. .-i.ieiily
agalnat any hiaterlat damage, aa the crop
la an far a.IvaneeA The,t»-.t market to aell
wheat la atilt In’tha pit, and the tmylna
largely to cover shorts. This buying will
rally price, sums from every break, but
the trend louka lower, uutll wa reach a
sound eipnrt baals.
Porn waa weak on general rain, and nn
Ir.crraMMt efferluga from Nehmakn. Pop-
stderalde bear preuura »n the market. We
doubt If ratiafry actllng will kep np at
this level of prices. Heutlment ameug firm
era la that their corn la worth 88c. Tbe
new crop la by no means atanred.
Oats are getting down where they look
heap.
On nil breaks from now on, would tdvlaa
he purchnao of lmreraber nnd Mar men.
Porn dellrerable next year lieluw Me
aome time this year show a baudanma
premium It ntirchaacd arottnd these prices,
--'uneapolla wires: ”11. V. Jones, who
toed this morning from tbe Dakotas,
aaya tba northwest crop will he safe In
from ten days to two iveeka. The prom-
lie la for an eiiormmia yield. Only a calam
ity can change this prospective result,
nnd there are no unfavorable Indications
yet. If the crop matures, the railroads
OPENED HIGHER;
CLOSE WAS LOWER
Small World’s Shijmieuts
mid Steadier Cables
Caused Advance.
REPORT WAS BEARISH
market It. Oata and tax are also In Bna
condition, nml prnmiae to break records.
Corn la raiiilug forward nicety. Tbla insane
eat prosperity In the nerthwaat. and
i-rflnnlng bn.Inca fur elevator rompantee,
d It should mean a large export In
«. In dour, for the United hi a tea i
va a aurplua almve homo needs of over
■.non.(n), and with Panada alemt 408,888,-
Ill fact, the United Htstc and Panada
have the pFomleo of almost 1.088,800,(80. N
■iirh outlook haa ever been In prospect m
the American.continent. It will be a gras*
i-ar ahead for jobhera, maniifnctarers, re-
liters and railroads. |
Phb-nao Very high teml
pernliires prcvalbHl through the aoulh-1
Iwcat ycatenlay. but tho weather waa clear
unfnvoiable for the develi
■■Iwas minis ilainarln. ......
2 Inch
souri. sml thn wnsst has not Imvd dry for
nrnrly two wsrka. . . | 1
Vrlvsts Wlrs to Wars ft Inland. LM ^ ■
I Chicago, July M.—Tbs rcvalpta of whrat
ronUnite large and ths Mark rust talk la
l»rromlng iiisrrtMlltnL I’uIraa some nsw
Imlllah Incvntlvn turn* np, wbsat will sail
lowsr.
Wheat acting stradv. httt no signs of
lr«tten or any other Mg abort cornlag In
yor.
Do not brllsvo Srpfrmbsr oata will salt
hr low J2r. Ixioks na If thrro was quite *i
lot wanted nt 63r. Northwest fair buj
of Brptembrr. ' * I ‘ * ^
I Oat* steady on aome buying of September
l»y Urlngle and Marfleid. ielilni scat*
tered. Trade rather light.
Provisions weak and jower._ rqrnljpt|
tonsesHgl
Ionic
nril tlioni
drrs r«iinl.. w —- -- ..
■Provision sblpmrnts for thr week endlni
■ily 21: I^ird, 7,611,000 pounds, axnlnsl
7,400,000 pounds year ago; Ulrnt*. 13.ib2.uot
pounds, against 18,777.000 pounds Inst year;
•ork, 2,600 barrels, against 3.7 mi
last yntH
6,729 barrels
SOUTHERN EXCHANGE
Oldest ICatabllahed orrtca South.
canon STOCKS—BOROS -oriih
Ground Floor Gould Building. Daily
market letter and market manual
mailed on application-
L.J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, CRAIN *
Correspondent's Capital 1250,000
nRrCRBNCg. TO* NEAL BANK
phone i-arr. prudential bloo
weeks nntll the last few days haa had a
■ ' ~ ' tet conditions, gen
es teanlted also In
, growing fruit crops,
shipment a of which ara now on In earnest.
During the present week peaches have
not been of aurflrlent vatne to bring ex
press charges, ecpeclally goods of Inferior
nunllty. The market haa barn greatly over-
etoekra. however, and It !. hoped with a
few dnys of dry weather, the demand nud
values will lie recovered to aome extent.
No apples In tbe market except local re-
celpta In a small way. .
funtaToupca a drag In the market; In
fart, not worth transportation charges at
'"Melon receipts have been vary much In
creased during the Inst week and values
are necessarily suffering aa the result.
The demand for banana* 1. more or I
limited with low Prices prevailing.
No change of note applies to lemnna.
The mnrket Is thoroughly demoralised
tomatoes. Other vegetables plentiful nl«o
anil lielng furnished by the local trwrken.
A better, demand la noticeable for rale
Page. Hptkever. It Is not anfdtient to taka
them at good prices except In a limited
W "ri,h potatoes ara very plentiful with
price* Iwdly off.
A *llght advance 1* noticeable nn egg*.
The market la completely congested on
Uve poultry- A fair demand prevails for
A 'nntTcr ,K pleiit , |ful and Belling for low
price*. .
NEW YORK COFFEE.
Following la given the opening and cloning
quotation* of th* New Tork coffee market
is
ml
7.25-7.3
6.464.65
gains were In nearly every grade. It la
pndmldr that the hlAev prfc-els temporary
’ _a .L.. m-I Ilu .In...-. ...I la <811—.I nt. —
grat of the week
lay's latr- trailing at i
ganre «f me.
HIBBARD BROS & CO., MERCHANTS|
Atlanta Offices, 219-221 Century BulIcJinff.
Members New York Cotton Exchaoffeg New Or
leans Cotton Exchange. Liverpool Cotton Asao-1
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^G^Aift, ^ROVISIS^.Hto^KsPbONDS,
Uterp$9t Coma Muodatloj.
hifaft filial to Kern York, Ifew Crleou. Cbittgo.
tall n»at 1262.
'«w York Collet iitlua««.
0. C COTHKAH. M»n»atr.
Standard Fhooo 291
Occidental Fruit and Produce Co.
— - mfrnariTgriTrr ~ — ' '
WHOLESALE FRUITS AND PRODUCE
AND CENERAL COMMISSION MERCHANTS.
HEADQUARTERS FOR BANANAS, PEACHES AND CANTALOUPES
' — THE HUSTLERS ——-
J. M. COPELIN, Pre*. JOS. GENNTISON, Mgr.
2 iV. BROAD ST. ATLANTA. GEORGIA.
THE DRY GOODS MARKET.
Ity Private Denied Wire.
New Vnrk. July St.-Dry goods were
■tcaily to Arm today. Printing cloths t
stronger and n good business dona In wide
fabric. There waa at/ Increased demand
fur light sheetings. Cotton yarns were
stronger. How wool wna driner. Commla
alon houses report a better bnalneaa on
worsteds. ,
COTTON SEED OIL MARKET.
Jnly.. *, •• •• •• ...
Anjruat ...
Hrpfambar
Oftoliar
Novjmbjt.. .. .....
Ciosoil steady.
Biuught in Heavy Selling
Orders nud Prices De- ,
cliucd Sharply, t J
Ily Private Leased Mira.
Chicago, Jnly H.—Cereals closed lower,
wbsal striking n new low loval on the crop
on bearish crop advlcaa and the booty sell
ing orders from tba spring wheat coun
try-
Corn and oats suffered further rerre*|on*
and hog products, not to ba outdone, «-id
downward.
While early foreign news waa bullish,
th* late rahlea were bearish In wheat,
Hroombairs cable from Odeaaa saying that
the weather haa turned nnc with crop
newn more favorable and wheat receipt* nt
Odessa liberal and quality fair. ThaM Wttf
net losses for tho day of Me for wheat. M
J/le fur corn, HOtte for onta and
*mn?ry ir rccc| , *ia for ths day 1.183,m
bukht-la wheat nnd 413 h-;«he|* corn, com
pand with 1,848,108 and 8A800. reapoctlrely,
ry 1 rccalnta: wheat for wart 7.1M,-
808,gainst 4.M,a88 tba week Sanw tM v
CHICAGO QRAIN MARKET.
Open,
WHEAT-
Sss-:
tu*
POIIK—
High. I-ow. Clou. I
e fit a
r
4714
3*74
%
(•I!
i.as
6.97^
EBhtl II81
LARD—
BE m f** i& i s
niDBB—
ient.!." i!l*" *.**" J'lS
Oct....* 8.07(4 8.07(4 8*87(4 * 80
CHICAGO CAR L0T8.
Today. Tomorro
Wheat <KI 5S
8 nrn 17* 3M
ata 183 II-
Hogs in,'*') *8.c*i
LIVERPOOL GRAIN MARKET.
Wheat dosed (4 to Me lower.
Corn closed urn-hanged to Me lower.
"Crookatl/' echoed Bronco Bob.
"Why, he couldn't piny solltnlra with
out dealing off the bottom of tho dcclt.-
—Washington /)tnr.
-
=Hn
CENTRAL BANK S TROST CORPORATION,
CAPITAL $500,000.00
If you coutemplata opening g now account, or changing your present
banking arrangement, nnd wish to connect youraolf with a atrong. oousage
htlve bank, fully equipped to genre you na your business Justifies, we
Invite you to coll and talk the matter over with ui.
Asa Q. Candler, President.
W. H. Patterson, VIoa-PraaldanL A. P. Colas, Cashier.
John 8. Owini, Vloa-Praaldant. Wat. O. Owens, Asst. Cashier.
r
ATLANTA NATIONAL BANK
ATLANTA GA.
szMxummEaaaag r n m, meaBxasmu ■ i ■ igjagaagammu
C. E. CURRIER, Prasldant. A. I. THORNTON, VIca-PraaMent
H. T. INMAN, Vlea-Praaldant. GEO. R. DONOVAN, Cathlar.
JAMES 8. FLOYD, Asa't Cashier.
Capital 6500,000.04
Surplus and Undivided Profits $500,060.00
We Solicit Your Patronage.
Frank Hawklos, PreoMont.
H. M. Atklnann, V. P. Tnnmaa.C. Erwin. A«it. Caahler.
ii V, I- A M '""1 • n-tu-r !’ \\ 7>v-r*. A«*(
Third National Bank
Capital .... $200,000.00.
Surplus .... $300,000.00.
i:
DIRECTORS!
Frank Hawkins.
II. M Atkinson
Jnsrpb A. McCord.
W1L L. PEEL President,
ROBT. F. MADDOX. Vlco-Pras.
MADD0X-RUCKER BANKING CO.
CAPITAL
SURPLUS AND PROFITS
ACCOUNTS INVITED
$200,000.00
$500,000.00
We Invito accounts of individuals, corporation', banks
and banker* and offer the best terms consistent with
fomiervativc banking.
In our Havlnx* Department we allow Interest at tho P.ato of 3 1-2 per
cent. Compounded Semi-Annually.