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TTTE ATLANTA GEORGIAN. MONPAT, JULY 21. 1905, 11 JOSEPH B. LIVELY! 3 Mr. Lively'* 25 years* experle iSHHIHI | IS THE FACTOR Had a Depressing Influence on the Markets of the World. NEWS AND GOSSIP Of the Fleecy Staple. COTTON IS AFFECTED Bulls and Bears Were Sell ers and Sharp Declines Occurred. Br Prlvst* Leseed \Vlre. Hfw York, July 23--The cotton mefket _*„r«| Ik*rely steady, 4 to S point, lower, (II.Hi reflecting the disturbed Ituulen *lt- utlon> Th»t price, illd not breek more n« doe to the tort that room trader, si- nedr much overeold, were holding off, waiting for aome big holder to market hla eettoo, nnder cover of which they might notice their ealea at a good profit. The altuatlon In Kuaala w*s the r_ met factor In aU the market, thla more- STi and to that Influence can be attributed iB' sharp decline In cotton. The market waa inoro nctlro In Iroth New York and New Orleans. than recently, but intlment wae benrleh and selling from both aide* of the neemint n-na In evidence through the morning session. the complaint a rf too much rain Tn sertlnus being orfie hr the ltussisn newe, nnd heavy blanks of the new crop* war. offered nt couatnnf 1 - *The'leiirern**weather forecast Indlcntea for Alabama. Mississippi and \\ ritern Florida generally fair tonight nnd Turednr. The weetern forecaat Indicate, fair ..other for Oklahoma and Arkansas nnd partly eloudy weather for the balance Kth abowera protiaWy In Loulejtns and Texrr, rainfall: Blanco, .76; Branham, trace; Corsicana, .411 .DaBea, .04: Worth. .14: (lalreaton, .14: Henrietta, t-» Kerrvlllc. .02; Long vie w'L33; Mrxia. trace; Nicogdoehee, .61: Palestine. .58: San An tonR truce: Sherman, 1.32: Taylor, trace: Temple. .02: Waco, 1:02: Waxahachle, trace: Weatherford. .54; Wharton, .08. donthern Trass. „ „ Price eetlmatca the. crop at 11.233,000 Inlea Thla la 500/100 ball' more than hi* mlmate of Inat year. SPOT COTION MARKET. Atlanta-Steady at He. • New York—Quiet at 10.10c: delivered on contract 1.700. .. „ New tirleune—Ea«r and ateady at 10 15- ■He* 1.575; delivered on contract, 1,100. IJverpool—Dull nt 5.03-1. Aticnatn—Quiet nt llHc. . • ulet at 10 1115c. gnvamioh-Qnlet at 10 1 St. Umle-Qnlet at 11c. LIVERPOOL COTTON MARKET. Mrerpool. July 2X 13:1*. p. m.-Cottou, spot dull, with prtcee esslrt-; middling up- linda 4.UJ: eaten 4.000; American 1.500-epc- ■latlon nml export 400; receipts 100, American. Fuluree opened ateady. _ opening Prevlo *55£ asm sr :-ffl is ss kg EB July-Anriat.. Angust-Slept. fcpt.-Oct.. .. ftft.-Nov. . Kor.-Dee... . , .. r^.-Jnn 5.M-5.M 6.64 lin-Feb 6.68-6.87 $.67 fab.-March 6,S*-5.6f 6.4! Mirrh-Aprll. . . . ......... 6.604.61 6.63 Cloaed quiet, TODAY’S PORT RECEIPTS, 19M 1906 Orleaoa frflrputon Mobile hrannah ... ni»rlp*tnn #t . Wilmington ... ... Jforfoik weton rhll*d*l|.h!« ,, mb Frandaco ... ... | 784 1416 600 «*-* » 663 31 278$ •s W ISl 45 :::::::::::: TrrttI | 6003 | 13,664 — INTERIOR MOVEMENT. 1 • ; 1344 1106 , ITomtnn (unt* Mfaiphl* ft- Uil* Ondnuutl ... RM i 5 is j 52 1 ATM * C Tsui 6003 13164 ? SISERT A CLAY’8 , . DAILY COTTON LETTER. Orleans. July 3.—The ncuteneM of Kutiinn iltuntlon command* In a Inner Sfww the In threat of tbe cotton world. R rat.iP* express grave fears for th# flpaa- H •**»•* of Europe, and note, the mar* I 1 hutsMlItyl du» to n egpedlted tarty E*»«»t sod ? ••I'"* lost f itrssg JT. trniuwrtions were .. I. la> " f 3 poluti. The set exceedingly Jjtjnieut sad tha stagnation w ft s'if*tlon of the eastern trade. •the rins# lost from 1 to t points. while M|“ 4,000 bale* at a de le general hnd. In heajry Mai.v''*.* 1 " wuw usti.Sunday W» brought out remora of serlons -—• '""'Iturfl, PliimiBIV ucm;/ rains EL\ w ^'. the cotton belt. Sunday hare jwjr scare* nnd moat reports continue In ■- main favorable. In aome of the gulf actual Improvement haa taken pise# C”!! °u Ing to the prevalence of motet- Th-> market la now beect with many pwncee directly hearing rr;*.ir future price Tha erttral perlicl of tho grow- B IT*! 1 . *• at hand, and on tha chnrnc- C *f the weathar for the next live er E**-ke will depet,,I whether or not pres- It hTnipc ta Will hive materially changed. E* 'i* eeg.rly watched for developmenls EJ 'he Far Raat. and the consequent FJwrsnras Imparted to the market'e un- Jteee. >nd laatly. the ceaaatlon of de- ■J4 f.jr flnltbed goods ore fuctora to lie JtueM with In forecasting the tendency ' harket prices. COTTON SEED OIL MARKET.' I’rlvnte Wire to Clbert A Clay. New York, July 11.—Liverpool 3 lower—waa expected 1 up. N'ew Tork. July 13.—Dick Broa. & Co. aaya: "A rally might come in the mar. ket at any time, but wo conalder It t sale, and hardly think that any upturn will be worth playing for." Norden A Mitchell hammering tho market Price broker* selling. It looks as though Price was trying to liquidate. . The surroundings of the market are all against prices, the European flnan dal situation especially. Mitchell offers 5,000 October at 10.15 and Norden offering large block of Jan uary. Dick Bros, have been steady buys here today, covering shorts. New Orleans, July It.—Liverpool to I tower Is disappointing. New York wires: “Price trying to •elL" v The market la being sold on very unfavorable foreign new*. The Euro pean financial situation 1, especially grave, and Is creating some uneasiness In the market. Today's map shows general and heavy rains over belt; the precipita tion being especially heavy In the At lantlcs and the western portion of Tex as. The present protracted wet spell Is causing some uneasiness among the shorts, and market prices show an Up ward tendency this morning on cover ing and some fresh buying by scalpers. Reiss Bros/s cable us: "Don't think the market can be sustained In conse quence of fear of a monetary crisis In Russia; early movement and over stocked east." New York wires; “i’rlce la giving ev- •ry bale the market will take.” Market Is barely steady and prompt ly yields to attacks. Private Wire to Ware A Leland. New York, July 23.—Liverpool fu tures opened barely stehdw and un changed at 12:15 p. m., 2 to 3 down and dull: sales 4,000. 8pots 3, down, at •.08: due to come 2 up. Mitchell offering 6,000 December at 10.35, and 5,000 October at 10.21. The New York market opened lower on disappointing- cablet, due to dis quieting news from Russts. Schtll & Mitchell big aellers, assisted by locals. Very little cotton seems to be wanted on decline. Room traders pounding, the cotton market, and though there Is active trade, find little resistance. Outside longs appear to be selling and buyers Acarce. Shill offering 5,000 December 10.26. New Orleans,'July 22.—Liverpool ca bles are unfavorable. They should have been 1 to 2 up on both American markets Intend of 2 to 3 down as they were at 12:15 p. m. Consols are J-r down at 85 11-18 for money, which re llects the nervousness over the Russian situation. This nervousness Is - prob ably the cause for the depression In cotton. Rushton, La., Wires: “The outlook for large yields of crpp conttnus bright A few light showers this week, but not enough to cause uneasiness.” Merrouge, La.,' wires! "Cotton la growing too fast In tome places; too much rain; fruiting fairly well; stand good; outlook fairly favorable for large yield. All other crops fine.” The net stock of cotton In New' Or leans Is 12,751 bales against 47,1(0 at this time last year. The amount of cotton on shipboard Is 14,5(1 bales against 2(,t20 last year. Bears are resting after some heavy selling. The whole situation now de pends on Russia. For, the moment crop news Is attracting little notice. Selling Is for both long and short ac count. Spots are In little demand and noth Ing haa been done. DAILY MARKET LETTER nnd the result was a decline In prtcee carried the market back to the I reached about a month age. 7 led to be a very general feeling that „ bull leader was attempting to eel ittnn, and tbe effort to find s. market fm if October and Decern E lect dean rather np- thst August cotton dated I — r *' •ski one esrrisdj The knowlei •till to wee unexpected. s conservative crop lu In it critical i that suddenly <!> i htst suddenly develo; ■a rery h In tbfl Allan _ the fuel thnl Ive authority as Brad- Bsturds/ that the tJeor I ties! condition, the pres- proved an •er priest. Tbe undertone leb strength, and time being lower prices may be rec THE 8UQAR MARKET. ;v Private Leased Wire. tx*t market Arm; July and August fa €%d. irit LI*C OlULrv innnrvi.M Chicago, July 3.—Hoga—Eatlmated ra- [gSer; juflltjMwvl SffMSf iJ#! JSBto -"ybrkere, (E.SOCfl.W; good iSSSsjoTetorkera eml'feedersK £:SL m n, »4 a *fe , wSi». 3 14.75; to medium, k (3.4004.75. NEW YORK COFFEE. f is flrM* i of tho N< KSTf- " “ June July.. ttoptratwt.. tov*mi*r.. .. •• •• Cloaed ateady. <*•7.08 7.06*7.10 GIBERT & CLAY a. STOCK*. »°" 9i' 'h At_A|XAMA »T. COTTON, c K A I N. come. pnovistONS MEMIfSI ATLANTA, OA. , Board of Trade. Exchange|N>tr Qrt^inaQ^tg la ^ t0Q Exchange N>w <>rl^n;ia m * 1 ; CMtai RKMlfS - * rr-# Ex« bang** ,'N'aw Orl-ni.R H-aM < f l'■> - l . Prlrtte Wires to all Excfcwgra paftAN. Mansoaft j and Long Dietanae Talaphona 5296* — INITIAL PRICES .SLIGHTLY LOWE Grave Character of New From Russia Caused Opening Weakness. BUYING WAS HEAVY At the End of First Hour Stocks Showed Material Gains Over Saturday. By Private Leased Wlra. New York, July 31.—The security markets were confronted today with quite the most serious aspect of dlus •Isn affairs that hag apepared for the whole two years during which the trouble of that country have been prominently befor* the world's atten tlon. The view commonly taken throughout financial Europe was that, tha dissolution of the douma rendered more Imedlately probable than ever be fore tha long-awaited revolution, and With this Idea prevailing, what, con slderlng the previous decline, was tha worst collapse witnessed, occurred In Russian securities this morning. Russian Yionds fell 2 1-2 points, whlls the discount on the new loan rose points to a figure of 10 cents. The British consols dropped 1-4. French rentes and other government securities fell about a like amount at tbe gen oral markets at London and the con tlnental cities. American stock* were down 1-2 to 1 per cent. In anticipat ing heavy selling from the other aide, our market opened’ off corresponding ly. Sales for foreign acount and local realisation continued for the first hour, but the stocks were readily and even eagerly taken, and when the pressure lightened, aa It did by the middle of the morning, prices rose briskly all around. That an exceedingly broad and active demand was prssent, and that It no longer so largely represented short coverings, were facts beyond dispute. In the stock market the frtoh com pllcatlpns In the Russian situation since Saturday were reflected on a moderately lower range of prices In the local market at the opening. Initial quotations showed declines ranging from l-I to 1 per cent After the opening trading the market showed some disposition to rally, but the tons still remained heavy. • of the newi from Ruasla aroused weakness In the market at the opening, but heavy sup ply on the Initial -declines was quickly and eagerly absorbed. There was good buying of Southern Pacific. Price movement* were of i ', declines ranging points In the first few minutes, being followed by advances of 1 to 4 points. At the end of the first hour nearly everything on the list showed msterlal gains over Saturday's closing. About 20,00 shares were sold here for London eccount 1 Governments unchanged. Other bond* ateady. LONDON 8TOCK MARKET. STOCKS-- -Anaromla Atrhleou Canadian I'aelflc Chic.. Mil. end HL Paul.. do) preferred.", ", Illnola Central. . . ... ... extlsTlIt* and Nashville.. New York Central .’enns/lvsnls .. .. Reading.. .. .. Southern Paeiflc L'nlon I'aelflc United States Steel do, preferred ATLANTA MARKETS. FRUITS AND PRODUCE. Officially corrected by Atlanta trrelt an4 'rn^i-Vo mol nit 66 to 76c. i!XXSkJ?bgP Un daim>« atrnifhts. u**“ bu»ch JU.M ta d.. UNTRY PRODUCE-; _ _ J»c. tJvs deef- Drei*e§*bena, p« lh!*12c to "pOcf-ntY AND TWJera"^I.to &^ W Livs ,r d»eka , *p5la"li r ®*.'|2 C to 12c. 22Yic; cook to 1-lb. racks 11 I stock 14 barrel; No. 2 elock MAS Tnstatoeo. per crate. Tie to lt.26. Oldirisb potatoes, per buihel.|L“ yjgyaBSyflig hSct * w iwNt potatoes ilk niOfL berries. M-qnsrt craft, 11.64 to IL' ■ ntsloupes, per crate, >1 UJ IL60.. ousrt, P« -... ? red eob 7*c: No. 2 whits r 73e; mixed 74c. white clipped. 52c; choice white. |0c! dole*, mixed, Me; Texes rust 'mSaPpui. CLOVER.—Choice EVe. . . Tbe above prices are f. a b. Atlanta, and subject to Immediate •ceeptance. CROCERIE8. R.-Standspi irraniilated 5e. .New ■ 4V, to 4Vi; piss tattoos 414 to . ^ stronger. OKKBK.-Unnsted Arbnckle's (1158: Ik. In bass sr barrels. U%e; green 1J Ir. Market nnnusl. RICK.—t'snillns 4V4 to Ttic. sccordlsg Is *CHisES^Wmra7: i "efi* dairy, 1414c: riss 14c: brick, lie. Market strong. PROVISIONS.-nepevme hams lie. Dove ms 15Hc. Call fern la basis tOVi*: Ited Crate ms lie. Dry alt extra ribs. U75: b.lil»r 5 IIa..81MI; fat backs. Mic; pistes, fly KnpreSH* lard, n.16: It—1 t'nws. br,.,. Drift ceapoesd, 714c; Red Croes. 7*»c. RANGE OF NEW YORK STOCK MARKET crjgrlSa Amalgamated t'opper : Atlantic Coast Litis American Sugar Refining Anaconda Amerleau Locomotive do preferred American Smelting Refining rlo preferred Atchison do preferred...,. American Cotton Oil Baltimore and Ohio...,,.,,. :::::::::::::::: Cblcagn and Northwestern CheM|>cskr ant] Ohio Colorado Fuel end Iron Central Lesther do preferred.....^, Chicago anil Ureat Western Chics go, Milwaukee nnd Ht. Paul Delaware and IP Distiller's Securities Erls. do preferred (leneral Kb-ctrlc Illinois Ceulral lisoenri ew York, Ontario and Western stlonal Lend / ortbern I'aelflc.. niv York Ceulrsl Norfolk and Western Pennsylvania People's lias Pressed fitnel Car....'. * Uo»«k swrnmsi 11 . . i i I ■ do. nraftirmi t'nltnl Ktnln llubber da prrftrrml Southern Pacific Southern Hallway... do. preferred. itoM-flhafflald Teuneaae* Coal and Iron Tcxim and Pacific Union Pacific United StatM Htatl do. prefevr^d. Ylralala•Carolina Chemical da prrfcrrad Western Union Wahaah do. preferred WlAcomln Central do. preferred,... ‘fotnl atock aalaa todnji 966,do6~«haras. “ RANGE OF THE COTTON MARKET AT NEW YORK. The fol low log w Is t the rang* Is eottsn l'rsvtou. Close, io.flfl-11 Jnu ..10.40 10.42 10.H 10.S4 10,34-* 10.44-45 icb "l'oii iaii iaii ii’oo lo'icw life so Closed steady, 4 TIPS FLASHED From Wall StroeL Private Wire to fllhort A Clay. Now York, July 23.—Daniel Odell A Co.: Whllo there uiny be some speculative runt taking Inlay In oar atock market on lie (lentil iif KuMell kage and the revolu tionary rloleuL-es reported Is Itnasls, we believe the trend of the active list la up ward, as stated early last week, aud we continue to recommend purrhaeea of the g;Hul stocks on all fair recessions for rea sonable returns" Marshall Hpsder A Co.: “Today's marks! can easily reflect some disconcerting senti ment, but ws do not expect more than a temiiorsry break." , Tbe Ixindnn seeurlty markets trs de moralised by the grave Russlsn news. A distinctly better feeling has developed at the etnek exchange and the sroret of the AT NEW ORLEANS. Tha following le the rente In cotton future, in New Orleane today: Ia* st Previous -n. Illsb. Ixrw- Bole. Close. lo!3 10J7 Soil* 10.19 30 O.Sj Dec '.Itolflo iolii io'.ifl iilii ioIfli-Vi olSI Jan ..10.27 10.« 10.38 10lM 10l|7 Ooeed" steady. fevorst “psrie the ItnislefiHHiHHP fientlment 1s more bulllahIM market. Heme traders predict irket "fell per rent wires: “Ruaslsn 1(08 bonds bars un tbs bourse and __ _ result of the crisis .situs tlon." New York _____ * boiling before the week end. Private Wire to Were A Lelsn... . New York, Jnty flfc-I/mdoo weak, 14 to H off on fears of s revolution Is RrissTs. • Rnesell Hugo’s death may crests flurries In lloulfl storks, Irat Me holdings are In- tact, and nothing specnlstlre, as he bad from tha street foe some til— an unsettled end feverish ket with bear drives on tbe ecttve storks street for some tl fair an unsettled sod feverish mer- „..b bear drives on the aetlve storks I* consideration of the favorable hank statement nnd fins crop reports however, look for s strong support to be extended. Declines not near so greet as many thought weald lot the ctee, end the mer- ket shows rallying tendency. Look for * , K!rasn ,D ftro» t ' bought 1,000 Southern Pa cific; considered good buying. iw-Jn “ ~ 'inltumu” gemsted Copper earnings nearly !g iJ7 r three Mg Rf psnles of New fork La; tiueltress of over 1151 Attorney Oeneral Mey "ncw"rSk~expects to get pert of the gold offering In tbs open market Is Lon- "''Threshing returns show winter wheat yield probably tbs lies! ever grown. Bsssell Sage's death sot expected to m>m mbj dEurb«nre Id tbt itock m<r* k Dwn«o4 tor win projw for Pdimudd l-ondu will bo 7?hn$J SnA&J&gpjjtM iiiyer to prosecute STOCKS REVIEWED BY NEW YORK SUN New York, July 23.—The Son eeye: “The tcnilclify of the stock market laat week was uianlfeetedly on the Improrenrent. At tho close of the week previous * distinctly lletter feeling wee evident troth among epeculatore and those who look at flnanrtal affairs from a broader |mlnt of view: end K ing dually rams so to prevail stock market became stronger as the .accreting week advanced. Indeed, It Is now spiwrent that tver since the find daji of the yteornt month the move ment of the stock market haa been up ward. Tha forward march has not bean rtakrn at an extremely lively rate there have been numerous recessions . Irerklnga and fillings. Y’st It was B llraalrls on sack one of these reactions ■ volume of trade wee sharply contract, ed—one of the aure eigne under each rlr- crimatnnree of a sold out market, and It Is clear, looking back over the three weeks, that the recent depression In tbe market culminated In that excited selling j>f stocks which marked the erosion of the ex - loot preceding the Yourth of July h The Han Francisco earthquake ga final posh to s great varlefy of reueee that were already generally o bring about n decline In rah decline, howerer, It la olrvlr stocks sold passed Inf end If Is now pn concerns certain ati NOTES ON GRAIN Pointers on Provisions. Private Wire to Qlbort A Clay. Chicago, July 21.—Little talk here of damage to Oregon wheat. Wheat not acting atrong at the open Ing, and no sign* of good buying. Tho crowd Is Inclined to fight shy of ahrfrt side. Looks as If we ought to get • little rally from around 7(c. oats steady. Bom* selling of I (ember and December at th* opening by commission houses. Fair'-buying of May and September by local*. Provlelone steady to a shade higher than rloelng price*. Bom* commission houses aelllng lard and rlbe. Class of buying good and look* as if the market would do better. Inter-Ocean; Export sales of 140,000 bushels of wheat were made In all po sitions Saturday, and possibly mors business was closed, but the details wer* not securable. New York did a 104,000 buahals at th* gulf and --•-*1* at Duluth. corn wer* 100,000 and otta 41,000 bushsls at Duluth. Salsa of 100,000. Cash business In Chicago Saturday was 10,000 wheat, 400,000 corn, making ' 000,000 bushels in two days, and 150,- • oala. Charters were for 100,000 com, partly at Ilia to Buffalo. Moat unfavorable crop reports ro- reived Saturday from the Northwest cams from Whallon, Case A Co., Min neapolis. They had reports from their men In the country which make them believe there haa been a great deal of to th* crop, not from black it from other causae, particu larly red ruat. Th* latter la so jhlck on the stalk that the plant seem* to be at a standstill and le gradually losing life. The black rust scare I* not re garded seriously. A banker at Whea ton, Minn., reports damage from red ih* vjheut plant le rust and aaya ; mak- J w *.*78 min. tmi ltd re et least, that these very rich people. MARKET TYPICAL SATURDAY AFFAIR New Orleans, Jnly 31—The cotton mar ket wee a typical Saturday affair- with a short period rtivrrn-nt In dl.rdpaterl the ring fairly active during n at, of time only. A decided Trapnc cotton licit weather conditions some of the short Interest.' nopi for tbs momant, whit# th* bell-i government crop report would favor the ball for ths reason that all of tho rain and very little of the sanskls* trill he taken flmMdMMAMEMMIEIHHrifetolflU euffl. ■t on small downward. In tire new STOCKS AND BOND8. Bid. AsVed. 1815...,,..... 112 113 I* !S2 ir SSI! ISd MR'tttti*: 1* li’ do. third becom..e *t jn ^ThwVr.""." «•' nt nt the abort Interest Ir crop Is mads up of hedge tales against spot delivery contracts, and Interest will not easily bo drives to rover. Masawhll* ■■■Jnly position ta dormant, end nnleee ' •■actual cotton In S Idsnmmer openli r toy fireworks final liquidation ... tbs New Orleans price October option end ..-Were A Lett ad. made up of ■ J%M (!Wr^ hefe-tar Tn coeseetlon with * spots- SOUTHEKN EXCHANGE Oldest Established Office South. COTTON STOCKS - 601103 GR1IN Qround Floor Gould Building. Dally market (otter and market manunl moiled op application. L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN CorrispoidHt's Capital $250,000 ncrgncNcc. th* ncal bank PHONE 1017. PHUnCNTIALllLDC Ing no progress, Th* stats board of equalisation of the elate of Nebraska shows th* fol lowing amount of grain In farmers' hands, there being about (.000,000 buahels more old corn left In tho slat* this year than Ultra waa laat year at the same time; This Tear. Last Tear. Wheat 4,467,1(0 2,005,611 Com ((,(66,575 4(,(4(,!41 An estimate of tha world's wheat crop Is made by th* Dally Trad* Bulle tin, showing a shortage of 71,000,040 from laat year. This I* small, as for eign authorities say It Is 160,000,004 to (00,000,000.' Wheat increase 1,1(7,000, com In crease (10,000, oats decreas* 711,000. - Private Wire to Qlbart A Clay. Chicago, July II.—There has boon food buying of wheat on tho way down >y Wronn. Thera la a guess by dose observers in the pit that Llohetern has taken a lino of wheat. Minneapolis wires: “Weather Ideal over entire Northwest and Canada foe growing crop*." I believe wheat and com and oats are purchase on this break for >n good turn. Itocord-Heraldt James A. Patton wired: “I predict that South Dakota will break *J1 records In tha raising of wostholr conditions for wheat ore all wheat, com, onts and flax. Th* that could be asked—dry, clear and warm. Cutting wheat will b* general August 1. Considerable faith Is being placed In tho belief UlSt, should this country sell a largo'amount of wheat for export thl. year, which eeoms poerilile. there will be a sub.tnntlnl advance In values. This Is tho period In the crop year when tho owner of wheat Is at a dis advantage and tho prospective buyer has things pretty much his own way. Plentiful supplies of winter wheat aro a reality and still moro plentiful sup plies of spring wheat s derided antici pation. Tho merchandise Investor nr speculator who can correctly analyze th* possibilities of tho situation has vr, in i.pporiiinltlce him When Is tho proper time for each to enter the iinirbei ■ It has been a long year for the crop killer. Ills plans went so much awry on tha winter wheat crop that ho must have phenomenal good fortune In de stroying th* spring crop to get W-, thing Ilk* e favorable average from a beeel Itnlsllc standpoint. Ills time Is growing short as each day Is carrying Increasing areas beyond th* danger line. WHEAT OPENED AT BETTER PRICES Due Principally to the Un* settled Political Situa tion in Russia.' BUYING WAS LIBERAL At Close a Decline Waa Shown ns Compared with Saturday’s. By Private Leased Wire. IChleago, July ft—There was a fur- [ther early decline In cereals on a-ning by longs, but com and oat - re te.i iat«. Dcllnes were establishedofl-ISt.4oIn wheat, whlls com was up 1-2® 3-4c and outs gained l.|®3,|c. The big offerings of new wheat by the southwest, coupled with tbe better crop reports from the spring wheat country, overbahm-ci uii - i-« in ths Iwsy or news and - in-uin-t.inccs. The shorts h-night o heat c,i11 v In order to ■sour* profits, but they sold later. l'rlminy re- eli-tn of wheel 1.I48.00I3 bushels and com 628,000 bushels, com pared with 1.631,400 nnd 641,000, re spectively, a year ago. Clearances were 88,000 bushels of wheat, 10,000 bushels of oom and no oat*. ■Bample wheat unchanged. Cora and oats i-m higher HKxport ealea of wheat wer* reported - Chicago and Duluth, as well ss New urk, but amounts were kept private, l'rovltlons closed unsettled. , CHICAGO ORAIN MARKET. E at WHEAT-- se c r st 11 conif— m 2* Sffea ».] jj:J itjr sr sr ss s S; a a. m !l 83*4 S'* S3% tU’4 mg 33V( 3>| lf.T» 16.no 17.S24 IT-JO 14.16 li-*) a Wbnnt , Can .. >nt* ... 1<'K« .. 87.606 17/mi LIVERPOOL ORAIN MARKET. WbMt oitpnM V4 fo S Unrori I V) p.m. lower; cloferl H to H lower. ’Com oMSid oiicteBfM] to *i lower: 1:JW UQcbanged; cloned unchanged to *4 dghnr. PRIMARY MOVEMENT. The following figure* show tho prlmnrr movement of whent nnd corn: ^ Wheat—UecfltitR fotlfijr 1,448.666 ngnliiRt 1.831,(*•) biinbel* Unt year; "hip* mrnfn tixlny 316.000 liimhela, agalnat <71,668 hnabola Inat yedr. Core—Itecelnfa todar 63.006 huahala, agiilnat M7.8QO l nafiela laat year: ahlDtneata tint nr 817.000 buahela, agalnat 414.660 both- oU laat year. NORTHWEST CARS. Mloneopollf.. Imluta.. »i Chicago. • . Today. Week. YaV. ,.,.210 617 •** a*-863 817 nt LOWRY NATIONAL BANK CAPITAL, SURPLUS AND PROFITS OVER ONE MILLION DOLLARS Foreign Exchange, Traveler*’ Checks, Brown Brothers’ Letter* of Credit available in all part* of the world. CENTRAL BANKS TRUST CORPORATION, CAPITAL ...... $800,000.00 U you contemplate opening a new account, or changing your present banking arrangement, and wish to connect yoursolf with a strong, ooneerv- atlvo bank, fully equipped to serve you as your business justifies, we Invite you to call and talk the matter over with ue. Asa O, Candler, President W, H. Patterson, Vl**-Pr**ld*nt A. P. Cel**, Cashier. John 8. Owens, Vlee-Preeldent • Wm. D. Owens, Asst Cashier. n, * g.w on,.,,. WARE , xRAIN, PRO &S^,H6c N KS?BOND3. COTTON, GH J WttlSI.. y.f.r, f.rfJ/if. 81/jsll. flx UlMHMSl Mtm Talk Cation Fi(hanat. CMeaf lend *f Traft. Ht» Orltanj C#Mo« Ittkaaft. CkUJiIf(k tiek»n$*. Ihtrgeol Ccttaa Anodilltj. folk Collet hikoiqo. ten Fkooe 1H1. WM. L. PEEL, PrtatdaoL BOUT. F. MADDOX* Vlw-rrat. TII08. J. PEEPLES. Canhltr. J AS. G. LESTER, A** t Caahlar. MADD0X-RUCKER BANKING CO. CAPITAL $200,800.00 SURPLUS AND PROFITS .... $500,000.00 ACCOUNT# INVITCO We invite accounts of Individuals, corporations, banks nnd lmnkcrs and offer tlic be?t terms consistent w ith conservative banking. In our Having* Department w# allow Interest at the Rate of S 1*1 per cent. Compounded Semi-Annually.