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THE ATLANTA GEORGIAN.
m:mpat. ITLY 3.
11
EDITED BY
I JOSEPH B. LIVELY
j
THE GEORGIAN’S RECORD OF MARKETS AND FINANCE ]
Mr. Live!) ’g If. renrv ^jr^rloiK* J
at f*«I!tlrc mark#!* lo Atlanta and J
the Mouth tut# tn.ndf him n ree. •
»;i!/ ■ I -'i r!.■< i’y l.i Ijis b.-c lnlt/. *
-r J
TBAOE IN COHON
IS VERY UGH
flews Influences Have Chang
ed Very Little the Last
Few Days.
FLUCTUATIONS SMALL
Tendency Toward Lower
Level with August Show
ing Most Weakness.
The cotton market haa shown
downward tendency today, August
glowing the greatest weakness.
News Influences have not changed,
the croft prospects In some sections
being reported as brilliant, while In
others some deterioration Is reported.
Fluctuations have covered a narrow
tinge, with business very dull.
Mr. Price has Issued a condition dr.
cular, compiled from 5,344 replies of
in average date of July 13, as fol
l0 "The average condition Is 71.3, as
igslnst a condition of 74 reported by
my correapondenta laat month, and 68
this lime last year. The fact that the
condition la only 3.2 above that re
ported by my correspondent at this
time last year.fipeak* loudly as to the
effect of the recent rains. The crop Is
reported on an average twelve days
lite, and for this reason It Is more
than ever exposed to the vlclnltodes of
the weather hereafter. It la notewor
thy that while the condition In Texas
ind the southwest Is better than laat
year, the condition In' the Atlantic
states and Alabama la decidedly below
that of last year. Many of my corre
spondents report that should hot, dry
weather now follow the execeaslvs rains
which have been general throughout
the South, the result will be a very gen.
eral disaster."
In the late afternoon a covering and
bull support resulted In advancing
prices In some options sharply above
yesterday's final figures.
8POT con ON MARKET.
Atlanta, steady at 101116c.
New York, quiet at 10.00; sales 101 con.
iiiuptlon. _
New Orleans, quiet at 10?ftc; delivered
u contract 1,300; aalea 225.
Liverpool, quiet nt 6.01d.
Augusta, quiet at Jlttr.
Hnvntiimh, quiet nt loll-10c; sales 570.
8t. Louis, quiet nt 10 16-16c; sales 1,118.
LIVERPOOL COTTON MARKET.
Ipot quiet, '
„, Y . ...... prices easier* mhLIUnjc op-
lands «.oid; sales 5,000; American 4.800: spec-
nlatlnn nnd export 600; receipts 4,100, all
American.
Futures opened quiet and vtofidy,
ripening Previous
Range. Close. Close.
....5.75 6.78-5.77 $.77 _
. .5.73 5.71-6.74 5.74-0.75
. .1.64-6.66 6.65-6.66 6.67
,...6.61-5.60 5.59-5.60 6.61
July ..
July-August. .
Aujru*t-8ept.. '
Kept.-Oct. . .
Oct.-Nov
Dec.. . ,
-Tun
Jan.-Feb. . . .
Ft'li. Murch,. .
Marrh April. .
Cloacil Arm.
.. .5.66
... »6.M
....6.66
....6.66
6.55-6.66 6.67
1.66-5.67
6.65 6.66-6.67
6.66 6.57-5.68
5.68 5.69
6.594.10 6.61
TODAY'S PORT RECEIPTS.
INTERIOR MOVEMENT.
Memphis.'
CIBERT & CLAY'S
DAILY COTTON LETTER.
Orleans, July 26.—Options In Wver-
,tnl fl «P» ,n ‘llsplsyed a tendency to Im-
juve. tlnniiy closing at the loa or a point,
whllt- o.ftTO bales changed bands at 2 points
Cable news • was comapratlvely
no farther developments having oc-
nirrcii | n the Knsslan situation.
rhi> rioae scrutiny which American mar-
«fa mnulfcst In the course of options
•broad, ns Indicative of the effect pro-
Jnofd by the general political aspect of the
etupin* of |he oasr, Ia reflected acutely In
tbp opening prices of futures. The appar
ent rcKtorntlnn of confidence In the foreign
® nrk ‘* t tfHisy and the steady covering oy
•hurt Interest In the local market* In
ripntlon of a bullish government report
. * week Imparted a general steadlneas
” *b«* market's undertone that reduced to
■minimum any desire to reeort to bear
prrMuro. o n the other hand, the Improve-
®*l nt . 1,1 price levels was hardly commen-
JJ"V e Nfth the character of Infltrenree at
“*nd. th«* tide of public sentiment still re-
BJrinlng unchanged. Ideal weather now ex-
wtB nnd forecasts for tomorrow are for a
^ntlnuatlon of the tame with no dlmlnu-
the excellence of news from the
& LELAND'S
DAILY COTTON LETTER.
N.W Orleans, July 36.—Cotton ws. etopld-
dull today, and the range of prices qp*
JJtr^inriy narrow. Professional sentiment
to be wore divided than It, has
,? f ut ?» "*>*<•*» msy be a partial ex-
MnaMon of tb0 dnllnwsis. Some large op-
.forked for an advance, but the out-
Scarfedw ® 0t COm ®
JXS* weiw fairly favorable and private
■£ that there waa no pressure to
the ,nc *l market a good
on the opening. The weather map waa
NEWS AND GOSSIP
Of tho Fleecy Staple.
Private Wire to Gilbert & Clay.
Price Issues a report making rondl
71.2 against 74 last month.
Journal of Commerce: "There were more
buyers In the dry goods market for the|
day and trade was quite as good as ott
Monday. Many of the western and south
ern jobbers are covering for their needs
more freely by mall ss well as by direct
representation, and the general feeling in
the market Is one of strength. The export
market was not as active for the week ns
It was a week ago. and an advance In prices
baa lessened the Interest of Chlnoae factors.
The yarn market Is well sold for the next
two months tnd the difficulty of securing
deliveries Is a noteworthy feature of the
conditions arel
much rain lu spots. Cotton Is clean, well
worked and fruiting well. West Texas, as
it stands today, has best prospects In its
history. Weather Ideal the past few days
Today's map Is sgnln excellent: light
showers only naving fallen on the Atlantic
coest and In Oklahoma. The weather In
the central belt Is clear; other portions are
cloudy.
“he market showa a alight Improvement
the opening In sympathy with better
Liverpool. There does not appear to be
— however, and bear
.. „.»re pronounced.
The weather forecast Indicates generally
Indicates fair
_ _j const In floi ,
Jna and Georgia; balance of eastern
belt fair.
A personal friend wlrea from Kntaw, Ala.:
Prom here to Monntvllle, 25 inllea. cotton
In perfect condition nnd well cultivated;
some opening, with prospects for a jumper
Private Wire to Ware A Iceland.
Liverpool futures opened quiet 2 down, at
12:15 p. m. 1 to 2 down, tone steady. Bpol
sales 6,000; 2 down. Futures due about 2
down.
The New York cotton market opened
bout uncaknged from last night's close,
redo light. Commission houses and local
jorts liought n little cotton. Look for
quiet, steady market today.
Liverpool cable: "Market steady at the
decline. No pressure to eell."
Theodore If. Price makes the condition
for cotton 71. This Is 2 per cent abovo
last year.
The net stock of cotton In New C
Is 32,141 bales, against 48.827 nt thli_
last year. The nmount of cotton on ship
board Is 12,685 bales, against 25,288 last year.
OPENING PRICK
. SHARPLY RICHER
Disposition Shown by Some
Interests to Disregard
Russian Situation.
BUSINESS WAS BETTER
SPOT INTERESTS
LIBERAL SELLERS
New York, Joly 28.—The Sun says: Two
thin*, told ngxinxt the price, nnd the, were
favorable crop* end the (rowing fear, (hat
the ltneelnn eltnatlon I. likely to have ■
disturbing effect on European trad*. It t.
true that early In tho dny there wt.
■mall advance, partly owtug to the fact
that Liverpool price, were better than ex
pected and heavy rains ngsln In Georgia,
jut on both sides of the water It seems to
live been wore of a natural reaction than
tythlug else after recent decline. It was
irtly due, however, to expectations of .
ther bullish weekly government report,
try heavy rain. In the eastern lielt. estje-
_,lfy In tleorxl.. mm to many to give
grounds for such an expectation. However
that may be. they were certainly dlsnp-
pointed, for the reiiorf mentioned merely n
certain amount of damage, not In (leorgla,
where It waa supposed to lie greatest, but
.. -. -•—" ml Tennessee, but not
Tery mum lusm, Wire houass sold and
room operator., although they aohl In some
ennes early In the day, covered later on.
Iatrge spot Interest, sold, having apparently
resumeu selling since leading bull Interests
commenced to liquidate. The South covered
to some extent, but New Orleans sold. Liv
erpool bought moderately. , Covering both
In New York end Liverpool was the chief
sustaining factor. The certificated atock
here losea 8,000 balea. which are to lie chip
ped. It la understood, to New Orleans for
deliver^ on contracts.—Olbert & Uny.
New Orleans. Jnly 2S.-Tba Tlmes-Dcmo-
MCflulO me iHMlrn nre ginning miuiii.
espool's unexpectedly good showing Juts not
wholly traceable to an ImurovemenT. and
made tha moat of more rnfn over the At
lantic atntea and the absence of eensa-
tlonal European eahlegrania, hut they could
not conceal the real tendency of the specu
lative market. Meanwhile the new crop
requires constant support even In the face
of n probable botllab government report on
.. It'h tho eloae of July the old crop will
have been nlmost wholly Hqnldated. The
sustaining Influence pt well-timed support
lielng removed, the siwt market muit look
'o trade demand alone. In the Interim New
York haa thought better of the Plan to ship
thonannds of Helen of low grade rotton to
New Orleana for tender. Of the 1.9)0 helee
already ao shipped
quantity tendered - - --- . -
arune 3)0 balea nre aalil to have been with
drawn Imcnuae there waa no earthly hope
of ever meeting New Orleans contract re-
qulrementa with It.—Mare A I-eland.
L. J. ANDER80N & CO'8.-
DAILY COTTON LETTER.
New York. Jnly ».-Liverpool cablet were
.gain somewhat lodter than due thla morn
.ug, spot aalea being 6,000 balea at nn ad
ranee of 1 point. Our market, however,
opened unchanged to 2 down. ***--
opening the honra renewed tht. -
yesterday, and October waa pnt down to
10.14. At the lower levels some support de.
veloped both for long neconnt and short
covering, and ^rleea rallied back to yeater
d ’¥h* dominating factor for th» time being
■ecmt to he the Russian situation, the pro.
fesalonal element taking advantage of thin
to ride the market down for a turn. Alan
there la ootnc disposition to fear tho August
liquidation. Imt this la not generally be
lieved to amount to much.
Mr. Price's estimate on condition was Is
sued at noon, showing 71.2 ngnlnst 74 last
month. Thla, while not given nn7 noticea
ble attention, bad a tendency to steady
prices. Weather news ytlll_shows _njnn
generally f
Union and Southern Pacific
Were the Market Lead
ers in Strength.
confidence without lncn%se«l
the profrefts of erenu, k seems nenrljr sure
that the Ilnsslan situation will uot more
seriously affect tho world's security mar
kets In the near future. Up to this time
tho Rorornnieut seems to control the sit
uation, though undoubtedly the crisis Is
still a grave one. Meantime, foreign mar
ket#, particularly Loudon, appear more eou-
Adent, and this meaua something, our own
inurket conditions look very strong, and
the promise of a further advance Is good
enough to Induce wider public support, with
tho development of favorable Influences,
such as Increased dividends and dally re
ports of Inrge earnings by railroads and
Industrial corporations. Among these, to
day's statement regarding the earn I■— “
the Sugar cotnpnules was a reminder
. - -nd activity < _
afternoon, tho re*
[*etlng of the dlrec-
-Uld he followed by
announcement of au rlfer to stockholders
of $22,000,000 treasury stock at par, par
tially explained the support to these
•bares.
RANGE OF NEW YORK STOCK MARKET
XmaTiarnitaTTopperTi
Atlantic Coast Una...
American Sugar Uetlnlng....,
Auaconda
Amegcan Locomotive....*
do preferred....
American Smelting Refining
do preferred
Atchison
do preferred
American Cotton Oil
Baltimore and Ohio
Brooklyn Rapid Transit
Canadian Farlfie..
Chicago and Northwestern...
Chesapeake and Ohio
Colorado Fuel and Iron....,
Central Leather
do preferred.......
Icego end Great Western
Jcago, Milwaukee nnd Ht Paul
Delaware and ilutison...*
Distiller's Securities
Erie
do preferred..
General Electric.
~ si...
P referred
m(
Illinois Cent
American 1<
LONDON 8T0CK MARKET.
STOCKS—
AmntgHmated Copper,...7^.
Auncomla
Atchleon
Canadian Pacific
Chic., Mil. and St. Paul....
Erie
do; preferred
Illinois Central
Lotilrtvllle and Nashville.. .
New York Central.
Reading
Southern Pacific..
Union Pacific
United States Steel,
do, preferred.. ..
a
ATLANTA MARKETS.
FRUIT8 AND PRODUCE.
Officially corrected by Atlanta Fruit as4
Produce exchnuge.
Lemon., J6.00 to 16.60.
Lltflc, 60 to 76c.
l'rtirbra. per crate, 60c to $1.00.
rincopplea, 41.60 to ILM.
llan.noa, .tralght., o— Utmeh 41.60 to
41.76. Cull., per■ hnnon, r ro 41.58.
Wntrnn.lnua, 47.60 to 450.00 per 100; do.
pouCti'y and country produce.-
Live bena 46 to 374c; fries SH, to !8ci
broilers 15 to MHc. Live ducks, Pekin 26
to 86c; puddle 25 to 2Ttfc.
Dressed hens, per lb., 12c to 13c.
Eggs, per doseu, 15 Jo 16c.
Rutter, table, per Iliy 20 to 22Hc; cook*
R per lb., 12Hc to 15e.
ouey—New fiSlOc lb.; In 1-lb. racks 10
®Vfi(lETABLE8—Irl.h
.took 14 Iwrral; No. 2 a
Tomatoes, per crate. . , - _
Old Irish potatoea. per bushel, $1.40.
Old .went pot.toes, per hu.hW, 41 to tLM;
new sweet bot.toee 41.60 busltel.
Cherrice. 24-<|Usrt crate,_H.60 tq 41.73.
-214c ouart.
Dewberries 10 to lftsu quart.
FLOUR, GRAIN. PROVISIONS. ji
FLOU1L—Foatcls Elegant $0.10; Diamond
Jlami
HtV, 44.76; /fancy
ancy,
the licit, the effect of which
will be felt In time.
farornble, however, and It wee hard to
shake the faith of the rank and Me In the
ehort aide ae a money maker. little rain
waa abown anywhere over the cotton belt
on the map nnd the foreceet predicted very
little rain tonight and tomorrow.
Fair weather over Texae waa of eonra.
favorable to opening and plrklag of cot
ton and gave the bee re courage to ataatl
against the attempti of the bull manlpnla
tore to pnt them on the run.
A sensational aewa feature waa the re
ported dlacovery of the IhjII weevil In Mon
roe coenty. Alebema. Hamplea of the In-
moctn were cent to experts In this city.
Thow who saw the apectmens wfre of the
onlnlnn that toey were not boll weevil.
°*The July position attracted little or
attention. What little Interest there now la
muni' '"I
II WBHII/ l» nug..«.. .....
the tolent on the whole sre tired of the
Jdd crop sort will soon turn all their at-
wa?w> demand it all for apota In
evidence.
'* B. ALABAMA IT.
GI BERT & CLAY
?^ C r K oV SS A?ft
ATLANTA. OA.
co me. enovuiON.
HCHSgaat
fc Jnjh Stock F.rchnnce !N'»w Or>nn. Cottoo LtjJJJJJjulJ^Svil^cloou'jJaJrtatlon
VA c cSSSE^^, n r-A>w oSe'S; hojTmcotm. t*eh.«A
I and Lana iS£ ^ ^CAN, Man.fl.r.
patent, $6.75; Msscautala Ntqr. $4.76;/!
atont, $4.75; Bine Rlhlion. $4.16; %
LOO; spring wheat patent. $6.3 tp $5.7
CORN.—Cnolee reil cob 7»«i No. 3 whits
ic; No. 2 yslh
'ostels Klegai
_ MsscnuteTe
patent,
...
76c; No. 2 yellow 76c"; mixed 74c.
OATS—rfiolco white cllppnl. Me; cholcs
white, 60c; choice mixod, 4*; Texas rust
proof, 60c.
MEAL.-Plain water ground, per buehel.
g lc» bolted 140-lb. Jutem per bushel. Mr
Hurts, white. 41.40: medium. 5i.S; browi
41.20; pure bran, 41-16; mixed bran, 41.10.
HAY.—Timothy, choice large holes, $1.10;
do., choice amatt n.le. *1.14; do,, No. J
timothy bales, as.ul, do.. No. : 41: do
clover mixed 11.06; do., No. 3 closed
•0c.
t;l.OVEU.—Cbolc# 40c.
The above prices are f. o. b. Atlanta, and
subject to lipmeillate scceptance.
SUGAH.-SteuSm?\nlmiTated Be. New
York Iteflned 4Vh to 4H; plantations 464 to
‘^dF^llSSSSr- Arhuekla's 416.10;
bulk. In tKigs or barrels, 12%c; green 10 to
12r. Market normal.
RICE.—Carolina to 7%e, according to
grade. Market very strong.
CHEESE—Fancy full cream dairy. 1414c;
twins lie; brick, 14c. Market strong.
PROVISIONS.—Supreme bams 16o. Dove
hams J6t|e. California haius lO^e; Rwl Croat
hams. 16c. Dry salt extra libs. $8.78; l»ellles.
, ho.2f; fat backs, Me; plates, 114c;
e TanL p.76i Red Cross, lOe. Snow
omponnd, 7*4e; Red Cross, 784c.
Isoulsvllle and Ns
Mexican Central..
Missouri Pacific...
‘lew Yorl
latloual
«orthern Pacific..
Jew York Central...,
Jorfolk and Western
’eunaylranla .A
'eonie'a 44as
'reared Steel <!ar ...f.
'a ?o' flail*^ 61 *’
tcpubifc
lock Island.....
do. preferred..
totted States Rubtx
do. preferred....,
itliern
ithcru Railway
do. preferred.
Sloss Sheffield
Tennessee Coal and Iron.....
Texas and Pacific
Union Pacific...............
United States Steel
virfinia^?aronDa*dKemicai!!!.!.!!!.!!!!!i!!!!!!ii!iiii!*,
’ do. preferred.
Western Union...* *
Wabash
do. preferred..
Wisconsin Central
do. preferred
"Total sales oi stocss today 754,000 shares.
6984
113.
14484
116
S!<4
SS*
m
166
m
i*
|
1
RANGE OF THE COTTON MARKET
AT NEW YORK.
The following I. the range In cettos
future. In Nsw Tork today:
Leaf Previous
Open. Hlch. 1-qw N-le rin.e. rinse.
July, .io.no io.no io.no lo.oo to.oo-oo 10.00-03
Aug. .10.00 10.06 9.86 10.06 10.0446 10.00-01
Hept. .10.07 10.15 10.07 10.01 10.15 16 10.10-H
Oct. .40.17 10.24 1 0.14 10.14 10.23 24 10.00-07
Nov. .10.20 10.20'10.20 1 0.20 10.26 37 10.16-18
Dec. .10.34 10.3V 10.23 10.23 10.32-33 10.25-26
Jim. .10.30 10.37 10.29 10.37 1U.:U4 37 10.30-31
Feb 10.37-39 10.81-34
Mar. .10.40 >10.43 10,40 10.48 10.47-49 10.40-41
Closed steady.
AT NEW ORLEAN6.
Tha following la tha ranga In eotton
future* In New Orleans today:
„ ..... Ia.i Previous
Open. High. 7.0W- Sets. Tlnae.
July. .10.90 10.99 10.89 10.99 10.88 89' 10.90-91
Allg. .10.47 10.82 10.45 10.50 10.60-M 10.48-4
Hip. .10.33 10.88 10.3.1 10.81 10.87 38 10.291
Oct. .10.18 10.24 10.M 10.24 1023-24 10 16-
Nov 10.24-26 10.17-.
Dec. .10.20 10.26 10.16 10.20 10.25-20 10.181
Jail. .10.28 10.33 10.27 10.12 10.33 34 10.26-
Feb 10.13-40 10.30-3
Mar. .10.38 10.46 10.38 10.46 10.46-47 10.36-39
Closed steady.
TIPS PLASHED
From Wall Street
Private Wire to Glhert & Clay.
New York, July 25.—Daniel Odell A Co. v
iy: Coutlnnetl irregularity may bo ex
ited lu the atock market today, but in
-jllowlng generally the trading principles
we 1 relieve tho long side Is to be pro*
ferred, and would buy stocks conservatively
on recessions for turns at least. The Hus-
204 lbs.
Kanrei
Drift
Macon 6s. Iklu 106
Atlanta. 5s. 1911 105
tlilSg aVSHS-wseS
C. It. «f Uenrgla flret Income
lo. aecond Income MM
Jo. third lncom..e.. 87
Oeorgta ht 270
Anguata and Harannnh 116 U7
Houtbwestem 116 1U
g eorgla l'aclflc lata..........
.. CL and A. Jat
It
i
i
:!S
THE DRY GOOD8 MARKET.
ket waa steady, bnyera
and printed goods freely. The export mar
ket was quiet. Varna were Arm. Advance#
"It's a Girl,” Says Cooper.
Tt'a a girl,” waa tha first remark
Call Officer M. H. Cooper made to Chief
Jennings when the chief entered the
police station Wednesday morning.
-Weighs 10 pounds, too.” Officer
Cooper was all smiles and good nature.
The new arrival la at 339 Oakland
street, and Mr. Cooper’* brother offic
ers announce their Intention of paying
the young lady a visit when she la
ready to receive.
Off to the Asylum.
In the ordinary's court Tuesday aft
ernoon Jeans Stout, an old man from
south Georgia, waa triad on a com
plaint of lunacy preferred by hla wife,
a young girl, still In her teens, and
her mother. Both women testified that
the old man waa acting strangely, and
they were afraid of their llrae. He will
be aent to the state asylum '
pear allgbtly impruved, but they must
given careful altenllou. The technical po-
•Itlon of tin.- stock market as a whole by
tie aggressive rally la uot aa good aa It
waa, because the large short luterett hag
hueii reduced to some extent, aud this
leaves It opeu to attack lu some parts.
Harrlmnn reported ns buyer uf 26,900
Houtberu Pacific yesterday. Market looks
‘ill uud strong.
We nre stilt in n professional inurket, but
It la heat not to bo short of then:.
Mothball, Hpsder A Co. nay: News from
Russia this morning dues uot Indicate more
eenoue conditions, and we are prepared for
I'umiiuoiiM (ii in«; iimraci, ■uuum uc rranru-
p(l us extraiuulv favorable. The enrniugs
Uptown Hautlmuat: While certain specu
in the Interests are locllucd to disregard
the Russian situation to a great extent,
R romlneut banking Interests sre of the opln*
at that conditions sre more serious and of
greater Importance than seems generally
acknowledged. A well known banker, lu
on, expressed the opln-
iipoHMlblK for the llus-
smn governmeui to maintain Its position
ami tlriuly cstabllah au autocracy. He lie-
lleves that n general revolution lu Rnssta
la a practical certainty, the only question
being when It will come. In the meantime
be believes that extensive speculative en
terprise# should not Im started In this coun
try or at the leading financial centers In Eu
rope. He adds that private cable advices
received within the last few day# from
prominent intercsta In Europe clearly Indi
cate that the Russian situation Is regarded
■s very serious.
Private Wire to Ware k Leland.
New York. July 26.-London firm nt
Sfhere ■re ball tlpe out on Ylarrimen Pa
cific# fingar. and ft I# the impresalon that
Atchleou, Missouri Pacific, Nteele aud Cop
pers will do to buy on falr-slsed recessions.
Better tone abroad will likely lead up to
eggreseive buying against the abort Interest,
but on sharp upturn# believe profit# ahould
be accepted on long stock#, for It le not
likely that the market will broaden out*
but he more or less of • trading affair.
There le a atroag bull pool la Canadian
Pacific.
Gosalp Indicates that the room element
la very bearish on the market again. Hell
ing by uptown professionals la #lso^re
ported. Market literature la mixed and
conservative again. The professional# on
and off tho floor may be expected to eell
etocka today end oppose Improvement,
Ktncks start out strong In sympathy with
London.
STOCKS REVIEWED
* BY NEW YORK SUN
New York, July 25.—The Run says: Yes
terday's market opened with fractional ad-
rnncea In many of the active Issues, but
offer n few minutes prices heaen to weaken
and hr the eud of the first hour the tone
was distinctly heavy. This rhsrsctsrlstlc
prevailed until about noon, when tradlni
contracted and Hie. market became fnlrl;
Arm. There was little of Interest In (hi.
trading until near the clow, when ad effort
was made by some of the large traders to
force the shorts Into a covering movement,
am thle. lacking suhatantlf
- conoiience, rxropi in luiSSISIl nouns.
Ich was depressed both lu l-oiirton unfi
„ tho continent, the Imperial 4's making a
now lew record.
London waa a considerable seller of
. _... . . .. - ppri
slon I, felt ss to the money altuntlou.
account of the greater ease In inouey the
rnntlnned rise In BM— —*■ “ '
figure as s murk
COTTON 8EED QIL MARKET.
Nsw York, Jnly *!.—Thtre was bat little
activity yesterday In rotten seed ell for
some time arter the opening of the market,
l’rleee were firmer, however, with bide 140
Me up from Monday. There was practically
no change- In position, ae ttoeka of oil
were Inyery strong bands, and offs rings
ROBBED AT KIMBALL,
SAYS W. J. PEEPLES
W: J. Peeples, of Atbeae, 0,„ a traveling
salesman, reported' to the police depart
ment Wednesday morning that hla room
at the Kimball house had been entered
and he wan robbed of 475 nnd a gold watch
while he slept. The detectives are Invest!-
I. uiPTWiitni me wwij iuc row*
...... If* atatod that r#epfe* bad liMn
drinking brevity whan h* cam* to the hotel
and was prohabli mistaken about having
the money and the watch.
reived regarding the consumptive domnnd.
Home Interests claim a r —
mind* with a tnlr export
others report only small
iwith domestic and foreign consumption.
Tbo near positions continue to hold their
premium over lute months, with Heptenihet
Ip n gallon over October. This Is consid
ered quite an extensive difference; but, not
withstanding-the fact that It la claimed
that tietween. 15,000 and 20.000 barrels ot
new oil will ho available for delivery on
Heptamber contracts here, the trade Is very
cautloua about taking on large riaka oo the
short side.—Ware k Leland.^
July
August
Heptoinlwr., .. ..
October
November.. .. ..
December...* .. .* .. __ - H
Closed steady. Hates 200 October at 1
SOUTHERN EXCHANGE
Oldest Establlihed Offtra South.
CQTTOI STOCK B0XD8—GRAIN
Ground Floor Gould Dulldlnff. Dally
rnwrlcet tetter and market manual
mailed on application.
L. J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, GRAIN
Correspondent's Capital $250,000
RCFENKNCC. THE NEAL BANK
PHONE I4T7. PHOOENTtAL. BLOG
NOTES ON GRAIN
Pointer! on Provisions.
Private Wire to Ulliert k Clay.
might develop which would open our mar
kets le to *e higher over night, but nothlug
that can give Ua more thnu a draggiug de
cline at wont.
Waathrr still clear and hot In moat of
tha corn belt, nnd le likely to cnu*a bears
more apprehension tlwn it will the crop
harm, liut the ninnd ot com It very un
even and fartuera holding old crop closely.
Look for higher price* for both corn aud
pate.
Ac?. s^r^ariJaMs:
Hot her* today, but good breeae and wheat
filling good."
Thor* I* « big ehort Inlcrret In rorn, and
J« long holding, are lu good bands. It*.
Her* corn a purchase In all position*. Ac
regions; fair olsewhera
.. . — ^ acting firm, bnt
thin advance
react Iona.
Frletlman and leeal ahorta baying thin
wheal, strength here I, In aymiwthy with
coarse grain* Look, llky , axle at 7716c
for
ifrn.
't;hi« oioconat of Jnly wheat und*r a*p-
tenilM-r doe* not give evidence of any par
ticular demand fur wbaat at the inomeut.
Oata higher on general baying by emu-
mleelon hounea, and a few locale, who are
addin, to thofr lines, helling mostly on
resting order.
Fair cummlaalon hones
S laby n buyer and aouie r .
rtt. Helling scattered. Fork neglected,
er hog market 6(410c tower than (he
opening.
Chicago Inter-Ocean: Argentines practli
cnlly finished ehlpnlng wheat. Amertcaa
winter wheat bolda the field at current
The'nurplua of wheat In North America
le estimated by J
mmm Imihvla.
by Jones, nr 5llnucn|»,ll«, in
Mi . Jhvle. oo that there will lie a
comfortable surplus after giving Kurope
399900,099
Cash buslncen In wheat In Chicago Tues
day was confined to enr lota. For cam a
“•Iter demaud .listed, particularly for yel-
ijm, bills being lsic over miplember for No.
of all grade, of corn were 179,009
itea
itiahel on grain
been abponnelly
equal
within a week, ’fhj
— — —normally low aud are now only 2‘tu
a imslicl on grain from Now York to Ur-
ernool,
Itoport from Manitoba ssjta' "Harvest
will its tea days to two Weeks earllet than
Inst year, l'reaent Weather eondltlone per
fect. \Vo are golpg to havu trameudous
rpn of a*ta^#jj|MMM^ro
Dougin aa,
must not f
acreage ■■■■■■■■■■■■■■■■
the spring wheat crop will Im bo much In
excess of laat year ** coins Iieople call
mate."
\Ve are cuing to hare tratueudou,
B rote end barley."
glnee, of lllnneapolle, save: "We
not forget that the principal Increase
range (a In durum. I doubt whether
25 bushels; one field, 30 bushels, and ons
'rid 35 bushels per sere.
flentlered report* of corn firing and ne
Ing rain earn, from Jacksonville, Ills, t
more City and fiulnhnr Hprings, Iowa, a
It la too dry, and Ferry, Iowa, report
corn firing.
Feorla wlreat “Paaturag* la very poor
now nnd going to get worse rapidly lr ns
rain soon. They sre feeding hsy freely to
the cattle."
Mlerator men who hava bought over 13.-
000.000 bushels wheat In the country tbs
past three week, are getting filled up.
Willis the pit Is carrying tho lend put out
ne hedges, Ksrly yesterday the reported
purchases were said to he Tory light, bill
at tha clqro (bay had Ipcreased to over
NEW YORK COFFEE.
BULLS BACKED
FROM ACTUALWHEAT
\Va3 on Sale in the Bi<
on Change To
day.
Pit
RESULTED IN A SLUMP
Com nnd Oats Closed Frac
tion Higher—Hog Prod
ucts Closed Lowest
tty Print# Leased Wire.
Chicago, July 31.—Actual wheat waa
on sale In tho big pit on 'change and
the bulla backed away from It In a
manner to discourage holder* In gen
eral. Healdoa th* denial* ot black rust
In Manitoba, aa wall aa th* denial of
general crop deterioration In the spring
Wheat country, a larg* Philadelphia
house reaold 60,000 buahota No. I hard,
redacting the xport situation, notwith
standing th* claims mad* by tha bulls.
'A lata Odessa cabin said that tha er»i>
there la too far advanced to bo dam
aged by tha present wbt weather. It
said also that tha naw crop will short
ly begin to arrive more freely. Tha
flour situation In th* northwest wns
reported aa unsatlefnctory. In aympu-
thy with tha break In wRaat late corn
and oats war* sold downward. Hexting
apota for th* day ahowad-loases of 1-4 >t
3-»e In wheat, but gain, of l-2G3-<c
In corn and 3-3011-lc In oata. >i„g
products were 3 1-3013 l-2c lower.
Primary receipts of wheat were l,-
603,(00 nushrls and corn 614,000 bur li
sle, compared wjth 1,166,000 nnd 604.000
ispectlvely, a yeAr ago.
Clearances were 166,000 hushed of
wheat, 71,000 corn and 1,000 bushels
CHICAGO GRAIN MARKET.
WHK*T P " , ‘ Ul,b - LoW> CToM -
fe« IIP I
ii ISIS* G
&
iKt...
Jan
4°Ts»
oam„„9,o.V4
Ju^ O 26
- iS::; #."*»
•L... 9.11214 3,07'
4'AHH WIIRAT-
I'.s as
11.00
57(224
14.00
1:8*
& a a v
^L : Sn ‘ 1 "" r, ber" _«prjng 795403054; So.
■nti 78073; Na I "do 7
Opening
nnofM.
WELL IHLLED TRUNK
FOUND BY POLICE
Who has Irot a trunk!
Tha pollen deportment has ona which
haa no owner. H waa found In a vacant
house, formerly occupied by negroes, at
Olliner street, Wednesday morning. Th*
thieve, hud evidently taken the trunk to
the empty bones to Investigate It* con-
teats. Th* lock wee broken off, and th*
wearing apparel toned about, Imt th*
trank was well filled ighen recovered. It
contained a quantity of wntnaa'n fins
clothing. * bog of lemons, which were still
fresh, and a beg of sugar. If (here bad
been any money or jewelry Id th* traok, It
had boon removed. •-
Th* police department was Informed by
n old micro woman that ah* had fonnd
the trunk In the bona*. Call officers Hus
ton and (Inllaher went to th* bouse and
took-the trnnk to the police etatloo.
'Mrs. Washington" I* written In chalk on
PRIMARY MOVEMENT.
Th* following figure# show the primary
movement of wheat and corn.
Wheat—Receipts today 1.M3.000 btudirls.
ngsluet 1,196,000 bushels last year, shipments
today 261,000, agalust 623,000 bushels list
r ”ora—Receipts today 114,000 bushels,
against 604.0U) bushels last year: shipments
Inlay 6*7,WU bushels, against 3M.OOO bushels
last year.
LIVERPOOL GRAIN MARKET.
JoloNfwgtlw?
it, 1:3) p. lu. 54 I
hlxber, closed
NORTHWEST CARS.
Th* following flgurea give
nr* today, la*t weak and k
Minneapolis.
at:;:
Totlav.
CHICAGO CAR LOTS.
Tods*. Tomorrow,
Whrat 602 ri
Corn 107 186
Oat* 65 )|
Hogs.. .. SOOO 373")
Anothsr Llv* Stock Company.
The Empire State Live Stock Assur
ance Company, of Pitta, Wller.x eounty,
waa granted a charter Wednesday
morning. It la a mutal concern mid
the Incorporator# are J. W. Waddell,
I. N. McAllister, Dr. O. B. Tueker, S.
B. Moore and D. M. King
LOWRY NATIONAL BANK
CAPITAL, SURPLUS AND PROFITS *
OVER ONE MILLION DOLLARS
Foreign Exchange, Travelers’ Checks, Brown
Brothers’ Letters of Credit available in all parts
of the world.
COTTON^GRAW, 'pROVISION^.HtoCKS^BONDS,
Ba. 2 Will St., BtUrt8*M§i. A Vasia. Ca.
MtMBUS:
Maw fark Catlon'tsehaige. Chteaga Board of Trado.
- * Chicago Slot* Zitbaogt.
frw York Cffftj iacbaogo.
rot lo Ilew York. Bow Orleaot. Ckleoeo*
Bell Hoot IM.
WM. L. rZCU President.
ROBT. V. MADDOX. Yto^Prec
TIIOff. J- PEEPI.K8.
JAB. G. LESTER,
MADD0X-RUCKER BANKING CO.
CAPITAL $200,000.00
SURPLUS AND PROFITS .... $500,000.00
ACCOUNT! INVITED
We invite accounts of individuals, corporations, hanks
and bankers and offer the best terms consistent with
conservative banking.
In our Saving# Department we allow Intereat at the Rate of S 1-1 per
cent. Compounded Semi-Annually.