Newspaper Page Text
—ar
THE ATLANTA GEORGIAN.
11
—t. r ...;
If EDITED BY i
Ii 1 JOSEPH B. lively!
THE GEORGIAN’S RECORD OF MARKETS AND FINANCE |
^eeeee********** 11 1 11 III 11 1 imw*>IN
... . - . . — ..... . A
[ENGLISH CABLES
BETTEBTHAI! DUE
Inflected in a Higher Open
ing in the New York Fu
tures Market.
[TRADERS CAUTIOUS
NEWS AND GOSSIP
Of the Fleecy Staple.
STOCKS FEVERISH
IN THE FIRST HOU
Unfavorable News From
Russia Influence at the
Opening.
[ floor Traders Sold After the
Opening and Prices Slow
ly Slipped Away.
Early Decline Was Recover
ed, But'Was.Followed
By a Bear Raid.
I «» Private- Lented Wire.
I york. July M —The local cotton mar-
| this morning opeued atcnily SOI Polnta
I u,tipr In keeping with the cablet which
lome fully 2 polnta better than colled
tor.
(nom tradera Inclined to lie cautloua, doe
| to the unnatlafnctory weather condltloiia.
I Lon* cotton contlnuea to come out. _
E * ft attributed to the tied atate of affairs
IIiimU. Itoom tradera were rather In-
1,’lupcl to tell the market after tho open-
llu th-neral trade waa amatl.
I nr cotton market for the greater pert
Ig the day waa again n dull affair.
I Liverpool ndvlrea were allglitly lietter
I thill expected which waa an Influence. In
I Mfutnc prli-ca on thla atda n few polnta
I hitter. Until midday, or after tho publl-
| Stton of the government weekly weather
| Snort, price changes were small. The
I Kir generally expected It to be a bull.
Im Iiornment, but were disappointed, and
In ■ remit, a alow decline set In with
| the door room traders idling nnd trying
I to nteb atop orders, Mitchell offering
| Mark of 5,000 December nt 10.21.
SPOT COTTON MARKET.
PHrale Wire to pibert * Clay.
New Tork, July 24.—IJrerpool at UJI
tiw **' anch,n * rt *« 1* “P- "'as doe 1
market h»« a better tone thla morn-
“*•*“ *® Liverpool buying and coverlug
by aome of the larger loenla.
Jol)r N.—Trading la of ex.
cewllagly light proportions pending the
government's weeltlv weather i-cnnrt. which
“• «* usual, expected to be bulltah.
f»lr weather la predicted for
neadny th8 '* ,torn b *** tonUfit and Wed-
Out; traveling man wires: "Crop coo-
« ff:
ffiSSva* INITIAL PRICES LOWER
:?i'r 'birToo'rf^ r«
•andy soli standi It well: heavy ucreaie
In Berenice In this lection.''
„y*P Jn exceedingly clear, with llgl
eenttered ahpwera over the eastern atate..
nxnT,ahowa no rainfall, nor do. In fact,
any uf the states weat of Alatnma. The
“* rk,,t If, at preient Heady, and may go
temporarily higher on eume short covering,
h®* bear igmaalveneaa It very likely o
the, excellent condition of the weather.
The western forecast Indie,tot generally
fair wither for southern Texaa. Louis-
innn nnd Arkansas tonight and tnomrrou,
while aho.wara today nnd WtHlnvaday nr«
expected In Oklahonm and northern Texaa.
Private Wire to Ware* Letand.
New York. July ^4.—Cotton onenrd
steady, a little, higher on Ijetter ualilra. and
some buying for Liverpool. Outside trade
.Peclnl feature.
terilny were moderate'*b : iyer« thU^mor*
‘•ie.
In Llreroool. futnrea opened steady and
nnchnn^d on near, and 1 down on late.
At 12:15 p. ni.. unchnng.nl to 1 up nud
futnrea duFlwdowiT Wl
It la believed that hot very little In
*£S!l . ! n thn Angnaj
Hit III-
. , v - 5t ‘'Market show# good
undertone."
. , N *?5u 0r,w,n!, » J I,: F nre furora-
'»*<*• They were dm* about I down on |*otti
American market*. Hpota nrc fairly aood.
for fhja time of the ye.ir. Foreign imtbmal
aorurttlea have n bettor tone.
Olbba. Ia. -wires: "There turn been ,.
contlnuou, downpour of rain for the past
week, which hna done mnen dnmage lo cot-
RANGE OF NEW YORK STOCK MARKET
"t cl*—jflld*
Amalgamated Copper..
Atluntlc Coast l.tne
American Sugar Refining
Aiimomla
American taocomottv*
do preferred
American Smelting Refining
do preferred
Atchison
do preferred
American Cotton Oil
«1(1 more and Ohio...
NOTES ON GRAIN
Pointers on Provision*.
JOIO..
llmoklyn Rapid Transit
Canadian Pacific
Chicago nud Northwestern
Chesapeake and Ohio
Colorado Fuel and Ironi
Central Leather...
do preferred
Chicago aud Great Western
Chicago, Milwaukee and 8t. Paul......
Delaware and limiaon
jjlitlller’a Securities..
Elect..
Illinois Central.
American 1c© "
I<oulavllle and
Mexican Centi
Uaaoart Pidl
^^uriViM .\V,V,V.V.V.V.V.\V.! ill’!!!!!!!!!!
Nashville
the foreign dealings today. All claaoea oi
the lionda touched new low records, the
at the same time to a uew high figure.
general markets abroad, however, sh<
far more resistance to thla depressing In
fluence than they bad yesterday. Itrlttab
consols were unchanged, oilier depart*
menta were only a trifle lower, and In
American stocks the Russian crisis seemed
to lie less of a factor than the unwilling
ness of speculators to commit themaelres
any further. In view of the beginning of
the fortnightly statement tomorrow.
In our mnrket, the principal effect of the
financial disturbance abroad waa another
‘
14c In
w ii i nil ii . ............,
New York. Ontario and Western ,
National Lead
Northern Pacific
New York Central
Norfolk am) Western
Pennsylvania
People’s Gas..
_ Pressed 8teel Car
{ Pacific Mali *A
t Heading
■
United States Rubber
do. preferred ,...*
ithern Pacific
Southern Railway ;
Vo. preferred.
SloNS-Shefflebl ..
Tennessee Coal arid Iron
E ’exaa nnd Pacific
fnlon Pacific
Julted f
K'u x nvim
Ited States Steel
do. preferred
glnla-CarolInn Chemical :
preferred
, opening and for The
jalf hour prices moved upward very
generaly. After that, realising sales were
again lu evidence, and along with a good
deal of pressure and short selling, the no
tion prevailing, as It had yesterdny, that
the market had risen too rapidly to hold
without a fair reaction. At uitervala dur
ing the rest of the mornlug these reaction
Vlrglnla-Caroll
do. preferl ,
Western Union.
Wabash ...Z......
do. preferred.
Wisconsin Central
do. preferred
"Total stock aales today. SSi.SOCTshares.
Prlrate Wire to Ware A Lebiiid.
Chicago, July 2L>-CnbleM ahow a nteildf
tone and local sentiment la turning toward
long side of wheat. If local bulls are given
any encouragement they will advance the
price or wheat.
There la a teporf here that black rust
has appeared In Minnesota wheat.
U>cal aborts coverlug some wheat, i
thla catiaea advance, offerings not he
at opening. Wreiin sold ubout 100,009 Im
eli
waa Hgoinat 400,000 Heptember
ai waa put the other day St SOtfcl’.
I nderatiuid aome poor reports on i
from Iowa. Rentlincut more bullish
short Interest large.
Uata otmncd hlgUer on general buying by
^^aalon liouaea and locals who were
It. Mnrket now steady,
mi fulr buyers
I buyer of l»e-
WHEAT OPENED
FAIRLY STEADY
Very Little Buying by Pri
vate Wire Houses on the
Pit Crowd.
VERY LITTLE FOR SALE
ir.WWra-.ad
of May oats. Wells la
or May oata. Wells la goo«l buyer of l»e*
cember oata. Ilellmau buying Heptemlnw,
BelllUg scattered.
Provisions strong and higher. Commis
sion houaea buying lard and riba. At the
advance,there has been Belling by packers.
Cudahy Packing Company bought riba at
tho opening.
Private Wire to filbert A Clay.
Chicago. July 21—Liverpool prices Indif
ferent. Northwest weather favorable, but
considerable difference of opinion amour
well-posted authorities as to the final otr
come of the crop. However, the built*
feature must come from abroad. We Ik
Mere Hjdeehterily the better plan Its keep
on the Hong able. Hbort sellers have be
come more uumeroua lately.
Corn rallied yesterday In reatxm
strength of-cash market and tne
farmers are refusing to sell their
dor 60 cents.# Relieve both corn
i good nurclutse.
Water toe
Trading* Was Small in Vol
ume, But the Undertone
Was Good.
By Print. Imml Wlra.
CbkMn, Julr M.—drain prim wrrt l.«t.
t,r toda/-4MMtr for whmt, tor r.„a
ami HOV far nits.
Thr niiniullrttiml mark mat rrpnrla tmin
“ * *— —at aanur of Hi.
In* fbrfr .rain
. ra to tarn tort la.
Ilronmhnll aara that Imnsrllna mnntrlra
ahniilil hr ahlr to takr m.IIj tt.000.OM lioab-
rl. of whi-at from North Am.rii-a thla
Him: ml ni.t
rrrr faroralitr.
Uhrat up on
Unit, from Manltoha.
t looktn*
Wrather
krn thnra for riport. Naw, Tork r.porta
Uhrat up on mor, Mark mat talk, thla At i.hlr.ao thr ra.h aalr. wars 75.000
- -- |W _ .buhrla rorn and 1»,000 Ini.hrU oats.
I'rlmarr rrrrliita of whom 1.555.000 l.iirli.
rla and rorn 1JI.«W, mmparrd with 1,000,'lid
anil 570.000 Imahrla rraiwrtlrrlr n TMr n,o.
Clrarnm-r. wrra ltliwo Im.hrl. whrnt,
11,13 bu.b.la.
rorn. m.lnlr from ra.h hoiiar. and shorts,
tlartlrtt, llraiirr 5k Co. took Rrptomlmr,
Krllln* a<-attrrr<l and not lord-.
Corn I. atronir hm-suir markrt I. orrr-
aold. Thr I'tidnhjr. harr lo-rn *ood hull,
on rorn nnd liara I torn Imjln* mora toil:
Kartnora not arllln* tbrlr.old rorn aa fi
ill*! Ilka to are thi
’ at nr. „ inrrr ia no n**mi.irriieM on rlihi-r sldr.
rt at 10.90c; wiles 197 con- It now looks na If the July di-.il wua all
over without the display of llroworks lltal
waa nt ono tlmr proralaed. Tho only In
nulry for spots this morning la from
naoide who are train* to buy on a bonis
that will allow drUrrry on Jnly.
Thr net stock of cotton In Jfr
lenn. I. SI.IJ5 bale., a*alnnt 47.MJ
tlmr last year. The amount or cotton on
" ltd I. 14,951 hair., agnlnat 32,061 last
\v» nrleana. quiet at lOjic; sales (60; de-
llrrrrd on contract 1,500:
l.lrniiool, quirt at (.03(1.
Anfiii’n. qniol at UWc.
Cu.iiunali, qulat at 1011-l(r.
LIVERPOOL COTTON MARKET.
Uvrrpnol. July 24, 11:15 V. ^.-Cotton.
I amt Itcndy, with prices dnll; middling
I nptimli o.osd; ,alra 6,000; American I,-
156: nn-rulatlon and export 1,000; receipts
4.4W; American 6,100.
future, opened quiet.
(•pen In*
fe77
. D|rrN, uui vh iuc ««•
line the trading grew dull, aud there was
io Important liquidation.
The stock market opened Irregular, but
became generally firmer after the first
few minute* of business. The Initial prices
ahowed declines of fcc In Erie ana Col
orado Fuel, nnd %c In Reading. Ana-
conda opened off a point and recovered
"XL market baa barn frvrrluh and Irrrg-
liar all through thr drat hour. Early
RANGE OF THE COTTON MARKET
lnttaca nt the opening. Offering* were very
With the exception of scattered thunder
storms In northwest and In middle Mis
souri valley tomorrow. Indication* ike for
fair weather and lltr*
ture.
corn 164,000 bushels and oats
CHICAGO GRAIN MARKET.
Prer,
tow. Close. Close,
Ittle change In tempera-
I July
I July-August.
I August Sept.
I fcpt.-oct. .
I Ort.-Sot. .
I Nor.-bee.. .
I Ptf.-Jsn. .
Ijsn. Kfb.. ..
Previous
Cloa*. Close
6.77 6.75-6.78
r ifes
._„ r „ 6.67 6.65-6.67
.5.65.5.57 6.655.67 1.65
.6.654.57 6.6*641 6.65
.6.67 6.674.6S 6.67
6 69 6 68-6 59 _
'.6!ob&fi 6.61 6.a04‘.61 heavily,
COTTON SLUMPED
ON RUSSIAN NEWS
tnn wn under the InDuanrr of tha Ilimal.n
rrl.ls, the decline In Uuiabin arcorltlr.
In London nnd Karl, and a rear of a rcro-
lutlon In that country. Thla canard a
>od deal of liquidation on both sides of
10 water. There were also reports that
Intorrsta wrra aalllag
tnr market turned' again.' ' and declined
under the Influence of Ilrooklyn Rapid Tran
sit. The weakness In the stock waa baaed
* ' * rta that the atate
today hand down
a ruling directing tint reducing of fares to
5 cents In all parts of the tmrough of
Ilrooklyn. Rending nnd 8t. Paul were also
weok. The room trsdera after the aarly
advance turnod to the bear side, and ever
* .hammering the
i shares*on bal-
AT NEW YORK.
The following Is the range In cotloa
futures In New York today:
Last Previous
Open. High. Low K*t» Clo«e. Close.
10.04 10.00 10.00 10.00-03 10.00-03
Aug ..10.06 10.11 9.99 10.00 10.00-01 10.06-06
Hept ..10.30 10.33 10.11 10J1 10.10-11 10.16-17
Oct. ..10.26 10.26 10.16 10.17 10.06-07 10i31-23
Nov ..10.27 10.27 10.36 10.26 10.1S-19 10.33-24
Jim ..10.32 10.36 10.24 10.26 10.26-26 10.39 30
lan ..10.39 10.40 10.39 19.30 10.3031 10.34*
p eb 10.31-32 10.35-37
Mar ..10.49 10.61 10.49, 10.40 10.40-41 10.44-46
Closed steady. . »
AT NEWORLEAN8.
The following la the rang# In
futures in New Orleans today:
Open. High. Ijow «J?i Om^VlnSf.
July ..11.00 Jl.W 10.90 10.90 10.90 91 W.!
Aug ..10.66 10.68 10.47 10.48 10.48-49 10.1
*n»t. .10.88 10.38 10.88 10J8 10.28-31 10.1
Aug ..10.66
rat. .lCtt
Get. .10.22 10.24 10.16 10.16 1046-17
Nov. ..... .... .... .... 10.17-19 10.
fit :!§:g.iS:S Ml Hi?
Mar. A0.W m45 lb!46 lb!ii IniS-M luiaj-4'
Closed steady. '
COARSE YARN CLOTHS
VALUESJPPRECIATE
Staple Cottons, Etc., in Sec
ondary Markets Most
Active.
open.
WHEAT-
Be g
OATS—
nly.... 80%
Kept 82%
Her 83%
PORK-
at
88
Jl*
I
Is 8 I S3
SeK ii:t* ft ft ft
BIDICB—
St!V.
is is is, ft
TIPS FLASHED
From Wall Street
TODAY’S PORT RECEIPT8.
I New Orleans.
I fislreiiton. . .
I Mobile
I SsrHiiunh. . .
I nwrleston. . .
1 Wilmington. .
I Norfolk. . . .
I N»w York. . .
I Boston
Innisdolphta. .
604 .
i»“'
20
INTERIOR MOVEMENT.
I lletlStni
I Angimtn.
I MsmtiliU.
Mfmjihb
3t. i>.uL
Onclnnntl.
GIBERT & CLAY’S
DAILY COTTON LETTER
Nfvr t tries ni, July 24.-Foretgn cablet
with r*-f»»retici» to politics In the 9 ar Bast
were !••«* pesalmtatlc In tone and ludlc
•"me fairly good buying that was at—-
BM to American Interests. Options closed
■whanged to 1 point advance, and spot
fu*** amounted to 6,000 bales, tne old quo-
tsM«n standing.
The opening of the local market waa fa-
Tnrai.iv affected by the unexpected Im-
pr»Tmnent abroad, a gain that waa further
Increased by shorts covering In anticipation
& Mother bullish weekly weather .report,
p* review Itself waa mora favorable than
parted, only the state of North Carolina
swtlonlng damage aa the result of the re-
fpt heavy rains, while In some other aec*
ttats-notnbly Arkansas—the rainfall was
*14 t<. lie beneficial to the growing crop,
while the clear, dry weather now existing
M4 foreeaated to contlnne through tomor*
fow minimises that section of the report
\r h, c> la needed.
‘hr Russian situation remains unaettled
**4 the nhsenee of any definite develop-
^mporarlly removes it as a market
lafiaenee. However, the fear of oncer-
**ntr utiiierllee the market, and the lack
pMsuranee In consequence Is made man!-
jjj* »hrough a stricter policy of conservat-
L J. ANDERSON A CO.’8
DAILY COTTON LETTER
Vork. Jnly 24.-TJr,rpool did not
C «a. k . ,u,,y to decline In onr market
hence cables this morning were
fJi r than •ntldpated. Our market, tbera-
KT* "P<*ned up 804 points, which ad-
maintained up to noon,
.rrs'llng. however, was languid, and floc-
narrow. The bulk of the trade
ZJ” seem unwilling to commit themselves.
Mril .* r,tn . e tl »t It yet entirely too
S” y - fl> *>*»taUi any IntelHgent idea as to
itlrkiT Th* *1 fast Ion aa It now
Pretty evenly balanced. Evenr
JJ* sdmU* that a large creo will be needed.
2L n P this time the fears claim tluit
*>P ronditiona have been very fkvorablo.
flnHra the market remains very
*L; ,f >ro p»ri<H»a , s having full away and
rr.il' K ,n "nd out for small profits.
twirT. *T wm twmalna altont the same—fw*i
rsbT !! f, H n, • ome tocalltlee and too much
mn In others.
_ as well „
predictions of further
— Jed light recelp
South bought rather freely on thi
to cover short*. Tho spot markets were
generally firm. Some of the Wall street
houses tKMigbt for long account. Others
covered. Liverpool and New Orlvaua aold
December nnd large spot Interests were
said to be selling December. Mr. Trice In
creased hi* crop estimate nearly a half
million bales, lie puts It at 11.382.0M bales,
as contrasted with his recent estimate of
10.7IW.uuo."—Gll»ert A flay.
erst says: “Disquieting rumors from sev
eral quarters menaced the bull on new
crop options, but bad weather where good
was expected and a somewhat Imposing
array of crop damage reports from the
Atlantic atate* checked the toboggan l*e-
fore It had galued swift headway. Russia
Is heading toward revolution, hut the crisis
ia not yet due. Meanwhile, the wort'
quite logically hsa begun to discount th.
outcome. New York strongly Intimate*
that the hull leader there had reverse*
his position on October nnd December.
Rtudents of finance read pessimism be
tween the lilies of European advices.
Students of the staple admitted
LONDON 8TOCK MARKET.
8TOCKB—
Anaconda. w *. ••
Atchison. .
Canadlnii Tndflc. . .
Chic., MU. and 8L Paul....
Krle
do, preferred. ........
Illinois Central. .
laoulsvllle and NasbvlIM. .. .
New York Central
Pennsylvania ..... .
Reading
Southern Pacific
Union Pacific
United State* Steel
do, preferred
COTTON 8EED OIL MARKET.
^ew York, Jnly 24.—The market for cot-
‘ \ras dull nnd featureless di*“
“ * fit
'rk,
toll seed oil '
lug the early
111* TO. rnnj pan ..I in. unx. wuu jinrri
pr.iftlralty nnchnn*«l from thnra of Hat,
urdny. liny era war. rather scarce, hot the
trade la not Inclined to favor the short
_ y.t, ei
hna demonatrnted to the thinking
ability of the farmer to atop a
clone to Its logical level. Thus, the new
crop will dmibtlrra bring almnt Its Intrinsic
value, whatever that may prove to tie, un
der the shifting Influences of Internatlonul
problem., and It wonld lie well for
liear manipulator to remcinlier that —
rule, of the game have undergone aome
radical changes la recant yean. Intern
In the July deal has not wholly peters,
out. Tho tender of Krw York cotton on
New Orlean. contract, la scheduled to be-
gin today.”—Ware A Lelnnd.
WARE A LELAND'8
OAILY MARKET LETTER.
than
aeeina to lie a good consuming demand on
tho part of westorn manufacture re. There
baa also been n fair export demand. Buy
ing la for prompt shipment, however, and
ao far there baa been coinparatlrely little
dlapoaltlon to lead np with the new crop
months.—Ware A Inland.
Open. Clora.
Auguit'.’.
September JTJkOg JJJtgJJ
ielolier *4%C36 344t$36
S'ovemlier t&MK\ KHQb
December *32 ufiii 32 4432’
Bales 100 Novemlier at 33%. Cloied sjeadj
WEEKLY REPORT
ON THE WEATHER
Private Wire to Glhert A Clay.
New York. July 34.-Danlel Odell
Co.: "Purchases of selected stocks for
turns today when they are soft will, ws
believe, still give moderately satisfactory
results, aud we continue to advocate th»
conservative
niiin time,
to follow It np too closely „ MB _■
have rallied anarply, for In them will be
foiiml an element of weakness through the
elimination of shortage and purchases on
—* iirore satisfactory.’’ r
Vlth the exception of
Russians, tne securities markets for the
most part show steadiness. Kaffirs are un
altered. Japanese bonds ahow dullness.
Russian 4s declined to 69%. a loss of 3%c
since yesterday's dose. The discount on
the new losn baa risen %c, to 10%c.
Marshal), Hpader k Co.: "Hpcrulatlqn aa
yet has taken no concrete form, though
the advances hare been, for the moat part,
among the right kind of Issues. The fact
that Rusalnn news was ao extremely dls-
i* prevents outside support, hut this
.rnprove tho market In the end, as
stocks are still In stroujr hands.
Uptown sentiment: The uptown Inter
ests In the market are skeptical with re
aped to the character of yesterday's trans
actions, and It la maintained that, In view
of the Russian situation, prices were II*
logically nud unduly advanced. It Is ad
mitted freely that, except for conditions In
Russia, a very substantial recovery In our
market would be In order. There U gen
uine confidence regarding this year's crops,
and men who are coming to town from all
parts of the United Htates bring reports
regarding business condition*. On the tw-
■la of this great prosperity ami bright
outlook, prominent lutcri-sta would be lu
favor of starting an active campaign nt
this time, but In view of conditions abroad,
they are of the opinion that such action
should Im» postponed until the foreign sit
uation deara up, or, at least, assumes more
definite shape. . • * I
Private Wire to Wan* k Iceland.
Alabama—Showers prevailed except on
New York, July 24.—The weekly report la two days during the middle of the week,
* “ A ‘ when It was fair. The rainfall waa moder
ate In the southern counties and heavy In
the middle and northern districts, where
much lowland waa Inundated; moderate
t'ftnperatureaprernlled; sunshine Is needed.
Arkansas—Tne temperature was below f
normal, and the rainfall was above the n
hardly aa unfavorable as many expected,
and liquidation followed the document at
mid-day. Early In the day a alight recov-
ery In Uverpool led tp short covering aud a
moderate rally, and thla In turn was fol
lowed by the selling tbit carried prices to
within a few polnta of the low level
touched yesterday. There was more bear
hammering than for some time, and the
market failed to withstand the eelllnr
pressure put upon It. The general belle
that more August liquidation waa to lie
had before delivery nay j>u the Mth pre-
rentHI some of the 7 buyfnf that might oth-
erwlae have taken place. Hhorts covering
waa on an extensive eeale when price* ran
down to 10.80 and lielow for I>ecember. but
cotton seemed to l»e for rale on every ad
vance. and aa long as this comlltoln con
tinue* outside buying la not likely to be at-
* l TUe^*unfavoraMe and somewhat critical
condition of affairs abroad *nd the ap
proaching notice day ou August deliveries
In the local market were two rather unfa
vorable factors and^aerrad to more than
s?°{ , h: r sip , ECT
loo run Its course. ...
spraulatlrs .tork wa. mat today on
tho bulge la tho market aud the hear*
were quick to take adranfage of It aud
the Tmneraldilty Induced by the eltmlni'
lion of the ahoftage. caning a reactionary
tone, which waa ijded l>y the Rueelan
nrara. Thl« latter, howerer. was ronlUet-
Inc The fentire disliked la the adrerae
SK
&Se2?rM d!!SK;oi nr of ,, l!e^h
alaiwl for moderate returns will giro the
bora reeolt.,
peratur, waa
(fall t
jn WveraTeountlea
Georgia—Weather waa generally cloudy
and ralnu occurred on fire doya, bejna
beery at scattered etatlone. The rainfall
was above ■ the normal In the noi
counties sod below In tbs southern.
watched,
tindoulitedly precipitate rnrtber selling from
abroad. The selling of London ysatonlay
Increased ln»ar roiniiiltnients among pro
fessionals, aqd bear drives can be looked
for.
Wealthy Interests appear to be lending
support In the active stocks, and lower
Wall atveet Is reported bullish'on sugar.
leook for a traders’ market, but on sharp
upturns believe sslea can be made wltb
profitable results.
Dow Jones’ summary:
American stocks lu London steady about
parity.
Fair demand for stocks In loan crowd.
Thirty-nine roads for second week In July
show average gross Increase of 13.06 pur
cent.
Ijourion fortnightly settlement begins to-
morrow.
Two mllllen five hundred 'thousand dol
LARD—
SSE (!» t!sn
Oct.... 8.06 8.07%
t’AMIt WHEAT—
No. 2 red 77'V'i. *
hard winter 7(
northern spriog
8 do 7.VU7?.
000 stocks In other corporations.
Southern Pacific’s grots lucorae for last
North western’s yearly gross luersase 13.8
»r cent.
J. J. Hill en routs for New York to
infer wltb J. P. Morgan on the ore
points helnVpriee ST,: . _
Chicago Klerated Holding Company to be
inltellsml et 84l.000.ouo. •
“ d 8 “ '
New York. Joly 24.—At the vsry opening
•■r Ilf "• "Iv tic " Is • Ii• |> It < "• It ! I ■:
-ppreclatlon In the values on coarse yarn
loth*. Moat of the large Myers have kept
iltMif, so far ns placing full orders for fall
'urine the past three to four week*, and
jow they ar* compelled to come forward
with their requirements. It Is thi* fact,
coupled to the knowledge, that mill
PRIMARY MOVEMENT.
The following figure* give the North
care for today, last week and Inmt >*•
in!
■unitedHHBHHPH
orders otjj
,.,raJtrai,y;_Co TOa# ,» w fl.jj i ,
tnllment he* ellmluaterl the poesltdllty of
surplus etock. that Ie encouraging sellers
to Bold out for letter prices.
Aa the seseon for retailers approaches It
Is reported by secondary market interests
that Their fair * * “ - “ -
healthy form.
Minneapolis.
Duluth. * •
Chicago. . .
Toda^. Week. Ye
nounced.
Republicans plan national congressional
campaign on prosperity Issue,
Twelve Industrials advanced .08 per cent
Twenty active railroads advanced .19 per
cent.
Instead com* In largo numbers from the
trade In all sections. On staple eottons,
hosiery, underwear, silk piece goods and
woolen dress goods the secondary markets
are most active. It la stated by cotton
good* agents that they hare recently been
ii receipt of larger orders from the lead-
THE METAL MARKET.
New York, July 24.—Tin ruled strong, with
a farther autistantlal advance in spot am
near-by deliveries, wltb liettrr Inquiry am
strength In the foreign market, spot
|i % to 87.40,
Copper wee unchanged,
fjead and spelter were dull.
lug Img manufacturers of the central ai
far weat. The gray goods they have taki
have held to market price and have th
been disposed of to advantage,
In the men's wear division of
it ii
Print cloths. SMneh standard, 8%e; 38-
1 "tint/"riot'll,*3:'.'i In! h,' .Modlfd, 47104 U-lf
LIVERPOOL DRAIN MARKET.
Wheat opened % lower; 1:30 p. m. (
lower; closed unchanged to % lower.
Corn opened % higher; 1:30 p. m., % high-
r; closed % higher.
1
i
Kour jard, Mi
lt.nltna, 6-onn
Klnrk, Amnre
riwn drill., standard, 5’>WTV.
Ihral, Houthrrn, standanl, 707'4r.
rhrra-rard,
SOUTHERN EXCHANGE
Oldest ICatabllahed Office South.
COnOK —SIOCU BOMS - GRAIN
Oround Floor Oould Building. Dally
mefket letter end market manual
mailed on application.
! tfuck,
llrar, Xoonc ilttck, '
Hartford, U-onace 45-Inch do
siisaa earverau
Kid fintebearnmbrica. 4fii’4c.
Wheat
Corn.. *. .. va us
Gats 143 M
Hogs - 13000 300UO
PRIMARY MOVEMENT.
The following figures show th* primary
movement of wheat and corn:
Wheat—Receipts today. !.368.069 bushels,
against 1.606,006 txishehi Inst year. Hhln- |
mints today, 789,000 bushels, ngnlnat
bushels last year.
Corn—KecHpta today 438. OUO bushel*,
against 670.mohn*hcl« lust year. Rhlpmenta
t<Ml*y, 901,000 hushblk, ugalnvt 146,00) liiuh. •
H* fast year.
NEW YORK COFFEE.
quotatk
today:
January.. .
ffl: :: •:
S-;::::
mt
Opening
Range.
,.8J6
...6,56 7 09
....7.66-719
• ••ip
, o .6,f».»
.. 4.65
-I#
Getnlier.• • .... •*,» •• •• ,.6.916,06
BSSte::-.7
' HI
i 79
ATLANTA NATIONAL BANK
ATLANTA, GA.
L. J. ANDERSON & CO
Ljankers and Brokers,
COTTON, STOCKS, GRAIN
Correspondent’s Capital $250,000
urea INK. THI NEAL BANK
PHONE MIT. PPUOENTIAL BLOO
C. E. CURRIER, Preald.nL A. E. THORNTON, Vlcs-Preddent
H. T. INMAN, Vlce-Prrald.nt, QEO. R. OONOVAN, Cathltr.
JAMES 8. FLOYD, Aai’t Caihler.
Capital $500,000.00
Surplus and Undivided Profits $500,000.00
We Solicit Your Patronage.
11 ALABAMA AT.
GIBERT & CLAY
BONDS.
STOCKS.
COTTON. CHAIN.
CO FPCC. PROVISIONS
ATLANTA, OA,
members
i’’ Tork Stock Bxch.nc-INc* Orl.an. Cottoo 17)
Tork Cotton Exchange. New Ortraaa Stock Lx
*— Tork Coffee Exchange iN-cr Orlcao. Board of
PrlT.to Wire, to all Exchar**-
-*c*l and Long Distanoe Tslcphsne 529L
I Chicago Board of Trade.
Urcrpool Cottoo Araocletloe
Uelreetoo Cotton tfacboege
vT. B. FAGAN, M*n*a*r.
ororywhir*
exceeded ono Inch. Temperaturo «rai Imj-
low Ike normal. There waa much cloudl-
neaa. The annahlne wae deflclent.
Ml.alralppl—The weather baa continued
moelly cloudy with the traperatore alight-
ly below the normal. The artnfall waa
much abort the eormal; dry weather and
aun.hlne are needed.
North Carollno—Weather waa cloudy and
enltry with ralu hearly eroryday: high
wind, and too much ralu ranted coo alder
able damage. The temperature wae about
* '(tree nliore the normal.
..wlaboiua and Indian TerrltorY-Tbe tem
perature nod tunnhlne nrernged alia
?hTr».iwr2:».. H f”?h r *e
weatern half.
Mouth Cnrolloa—Parfly rlondy to cloudy
prevailed with
The tempentun
the normal «nd waa quite unirorm through
out the week. The precipitation wuu al«>ve
the normal. Mug very heavy lu the north-
weatern portion.
Texue—The temperature avenged from 2
to 4 degrree Mow the norm.I exeept Ie
the norther cetera ronutlea end im the
rauthweatera raaat. The rdatlre humidity
wa. high and the auaaMne generally 5e
flelcnt. Light to heavy ahowera occurred
In all dl.tneta. The ralefall waa generally
heavr In the pmthea.tera countie, and In
the Rrnoe. Colorado and middle Bio Orand*
’ Tenneraee-Temperatnre waa .lightly be- ^
low the oqnnal and the rainfall waa geo-
eralle much nlpove: verr henry local rain,
occurred on the 15th and 17th. nrortog aome 1
damage, otherwlae the weather waa fa-
rorahie.—Olhert * CLr.
HUBBARD BROS & C0„ hSants
Atlanta Office,, 219-221 Century Building.
Member, New York Cotton Exchange, New Or
lean. Cotton Exchange, Liverpool Cotton Aaao-
ciatfon, Chicago Doard of Trade, New York Cof
fee Exchange. New York Produce Exchange.
Bu.ineaa aoUcited for the aboveexchange,.
Direct wire ,ervlcc. Correspondence Invited.
Phone, 4M, Long Distance 29. A. S. Huatece. Mgr.
Frisk Hawkins, Prcaldcat.
n. M. Atkin*™. Y. P. Thom.oC.
jMoph A. McCord. Culkt. ' » '
Third National Bank
Capital . , , . $200,000.00.
Surplus .... $300,000.00.
DIRECTORS: j. jr. Nuunally.
Frank Hawkins. J. Carroll Pbvml
II. M. Atkinson.
Joorpk A. Mr Cord.
WM. f*. PEBFd. Prrairat.
ROOT. F. MADDOX, Vle*-Pre«.
THOM. J. PLEPLES. Cashier.
JAM, 0. LKRTL’R. Aaa't Cashlr
cottonVg^i?, ^rovisionS.Hto^k^bonds,
No. 1 Wall SI., Ftltrt Bollliog, Atlsata, Ct.
mu BINS:
Bam fart Caltaa tartaag*. at TraAa.
Nam Oriaaat Cattaa Iidiif* CUeaaa Stark Uthaoga.
Umaa—al Cllm AtoatisUaa. Ntw TfkCftlttlMtkaago.
riraft Wires la New York, Mem OrSeoot. Cklraga. B. C C0THBAN. Middirr.
•*—**-6 Phon
Ben note 120.
Sttodtrd Pboat 221
MADD0X-RUCKER BANKING CO.
CAPIIAI $200,000.00
SURPLUS AND PROFITS .... $500,000.00
ACCOUNTS INVITKO
We invite accounts of individunl.s, corporations, banks
and bankers and offer the best terms consistent with
conservative hanking.
Ip our Saving, Department we allow Interest, nt the Rata of 3 1-3 per
cenL Compounded Semi-Annually.