The Atlanta Georgian. (Atlanta, GA.) 1906-1907, July 24, 1906, Image 11

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—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.