Newspaper Page Text
JOSEPH B. LIVELY THE GEORGIAN’S RECORD OF MARKETS AND FINANCE
25 j*
eiperlenra
Atlanta and
th* Routb Brs mode him a rw*
ognlred authority lo bis specialty.
if editing i
trade was fair
Here Was Less Bear Pres
sure Apparent Than
"bf Late.
TRADE WAS BEARISH
Chiefly Owing to the Fine
Crop Reports Now Be
ing Received.
Bf rrlrate Leased Wirt.
_V.w York, July 26.—The cotton market
.ready with * fair apecolatlre trade
b procrraa a" 1 ! 16W hr* 1 ' pressure than of
ktr nlthoorh the feellnit amon* mom tmd-
’ remained favorable to lower prices,
Slfflj owln* to the fine crop proapects.
Followinc are aome weather and crc
H v> received lnte today:
Ylekabor*. Mias.—Crop In tine condition,
antelibetandlnp lmd weather; with two
Ineki more of (food wenthcr will hnve
Inert proapecta In yearn.
JM«. Bros. cable tin: "Iaincnahlre amply
•minlled till middle of September mid even
Beyond. Early movement may precipitate
^Shreveport. Ln.—Too much rain elnee laat
week: eomplalnU of aheddlny. boll weevil
hecomlny nnmerona. Cloudy nnd threnten-
lar now; moat Imve elenr wontlier.
Jaekaon, MIm.—XVenther durlny past
■reek wta Ideal nnd cotton doing nicely.
Huntsville. Ain.—Crop In tills section do
le* well. No rnln aluce Monday; need dry
’xew'orlenne, iJi.-Prtvnto advices from
Tessa are so distinctly fnrornble thnt no
aerloua efTort In made to support the mar
ket's more nntnrnl Inclination to decline.
Hsilehnrst, Miss—Crop condition finest
ever: weather haa Men perfect.
Liverpool eeblen: "Bombay cotton gnoda
stock Is Inaured for «,000.000 pounda iter-
"another Uverpool cshlo naya: “Market
talking bearish In consequence very favora
ble crop newa.“
SPOT con ON MARKET.
Atlanta, steady at lOJl-lde.
New Orleans, steady at 10>io. •
New York, quiet at 10.90c; nalea 93 con
sumption; delivered on contract, 100.
Liverpool, quiet pt 6.08,1.
Auffustn, quiet nt 1111-160.
Memphis, quiet nt 1114c.
«. Louis, steady nt 16 15-160.
Savannah, easy nt 10 ll-16c; aalra 1,080.
Mobile, dull nt lose.
Norfolk, slendy nt 1114c.
Baltimore, nominal nt 1114c.
LIVERPOOL COTTON MARKET.
Liverpool. July 2a. 12:18 p. m.—Cotton,
spot business moderate, with prices steady
middling nplnnds fi.Odd; aaleif 6,000; Amerl
rnn 4,200; apeculatinn nnd export 800; re
ceipts 3.000; American 100.
Future. opened Arm.
opening Previous
Range. Close. Clone
Inly 5.R1 8.77-5.78 8.70.8.77
XI 5.76 5.78 5.74 5.78 5.74
iB ..5.68A.69 5.65-6.60
.5.65-5.63 8.69
NEWS AND GOSSIP
Of the Fleecy Staple.
Private Wire to War© ft Inland.
Uverpool future* opened steady. 2 to 1
®P» At 12:15 p. m.. 2 to 2 op and quiet.
Sales 1.002, spots S up at COQd. Futures due
to cone 2 to 2 up.
Special monthly crop report to Journal
of Commerce says: “Cotton fans deteriorated
slightly over the Carolina*, doe to excessive
rain*, and Held* *re cramy. No complaint*
of flheddlna or insect*. Good proportion of
cron laid by.”
Tomorrow la notice day on Aufust. Ex*
pect liberal tenders, and, aa hnve no place*,
will have to sell lone August If tendered.
Trade moderately active, outside order*
mostly on buying side. Locals disposed
to bear market.
Wilson offering 5,000 October at 10.21.
II. Wilson offering 1.000 January at 10.24
and 5,000 Octotwr nt 10.19.
Jones offering 5.000 December at 10.20.
Dick Bros. selling l»ecember. Bcblll buy
ing.
New Orleans, July 20.—Liverpool cables
are favorable. They vere due about 2 up
on both American markets.
The market la toft under a flood of very
favorable crop new*. Itellabte people are
sending In reports from the Atlantic which
are anything but bullish. Local bulla ap-
r r to fear the effect of August tendera
the New York market Hpots are dull.
The net stock of cotton In New Orleans
1* 30.K3 bale*, against 51.006 at this time
!a*t year. The nmount of cotton on ship
board Is 17,330 bales, against 16,991 laat
year.
A few notice* have broken July. So far
a* we can learn, not over 400 or 600 bales
'iave been tendered.
Natches, Miss., wires: “T. Goldman, frr
Toms Points, Coupe rarrish, Ixmislan
"*■' ; two balea of cotton ot
i>ut haa no gin near. Cro
Ixwt on record.’*
A letter to Thorn * McGinnis from On*
tonla, N. C., aays: “Hava been over moat
MgkMlMMMMgjmCarolIna territory,
STROJUN TONE
Due to More Favorable Turn
of Affairs in Russian •
Situation.
ADVANCE LATER LOST
Due to Profit-Taking Sales.
Arbitrage Sales Esti
mated at 20,000.
IOIIIH, 4... MJH.
of the North and !
dnnt.
hough in some sections It Is a
to be well fruited and If shedding does not
begin aoon we can depend on a very full
crop.’*
Private Wire to OlberT ft Clay.
New Orleans, July 26.—We nave the fol
lowing night wtre from reliable central
Texaa friends: “Raining hard thl* after
noon: we want .dry weather; rain doing
damage.**
jndlcatei a yield aa largo as year befloro
ur traveling representative wires from
Fort Worth: “Conditions around Dalian
good; had too much rain north of Dallas:
drove over part of ElUs county, also Ilell
county: no boll weevil yet: apent two day*
In fields: plant full of blooms; no signs
of weevil anywhere.”
Man
at
homo. while scattered showers oc>
Jaly-Augutt.
Aajro*t-8ept.
sept.-Oct., . .
pet.-Nor., , .*
Nov.-Dee.* , .
Dwvdan
Jan.-Feh
FVb.-March. . .
March April. .
doted quiet.
.5.52 t „
...5.60 5.55-5.56 5.66
6.57 6.56 _
.8.62 5.69 6.53-5.60
TODAY’S PORT RECEIPT8.
Th# following table shows receipts at the
Krw Orieana,
Galveston. • •
Mobile. . . .
savannah. . .
Charleston. • ,
Wilmington. •
Sorfolk . . .
New York. . .
Boati
PWla
ladelphia*
Tmit. ....
•rw
>S
INTERIOR MOVEMENT.
Houston. .
It. IjouIs.
Cincinnati.
fiT***
QIBERT ft CLAY'S M „
DAILY COTTON LETTER.
New Orleans. July 26.—Cable* were nu
■emus and bearish to a degree In tone.
Favorable crop advice* went to the other
■Me, being too strongly an Influence In
favor of lower price*, notwithstanding the
f«et that the major sentiment, financially.
In Uverpool could hardly be anything else
bflt bullish. In view of the lnrge stock* of
cotton held there. Options were' unchanged
to 1 down on close nnd spot sales, 57000
bale*, advanced B point*. Today** decline
*»» manifestly In accordance with the le*
pjtlmaie Influence* *urroundIng the trade.
N" pronounced pressure was brought to
1 — In spite of the fact that crop
m... .M^AvUng and grassy fields. ...
Tex**, the uniform progress made I* moat
Wtlifnrtory and encouraging, nnd some
authorities maintain thnt the present
rendition Indicate* a yield fully a* large aa
the great crop year before last. Were thl*
the only difference affecting m
v be unreasonable to •s* i . t ~.*'v
hnlllah enthustnsm could nowhere find a
mot hold, but since there must also be reck-
®hed the well supplied condition, said to
extend even through ftentember, of the
venters of England, and especially
Unraster, and prospects for an sarly
■evement of new cotton, together with the
{*vt that this season supplies bid fair to
“* nmple for all needs, remembering the
.restriction of the eastern trade through
•verprodiicikm, it does not appear to be
2 •hdlcai step to tike in declaring that
*«vHiie* « ro fa • notf , lively to occur than
•aiunrement | D rslaes. •
*ARE A LELAND’8
v DAILY COTTON LETTER.
5tw York. July 28.—The sharp reaction
covering yesterday left the mar-
K*. •*> rather a weakened condition when
E£fvs attempted to sell a few thousand
y* this morning. The result waa a loss
* practically all the recovery during the
trading, nnd priew ran bark to prac
2r*."y the low point of yesterday. On the
Ah .rt . <.3 w li. »m i
iw • nerved to daftj fh.-
belt. Central states are clear. Cloudy con
ditions elsewhere.
Western forecast: Cloudy, with scattered
showers probable In all sections except sift
Texas and Arkansas. , . .. .
Eastern forecast: Partly clondy through
out, with* showers Friday in all states «x*
cept Mississippi.
SHORT COVERING |
CAUSED STRENGTH
New York, July M.—The Bun snya: The
tone of ,lrenath wa, from the covcrlnc of
ahorta on Ihla aide. Thla waa prompted
by a number of enuaen. For example, the
stork mnrkrta looked better to the cotton
trndo nnd the Ituaslnn altuntlon lean threat-
elllna. Insnrnnee rates here under the
new rules will not be prohibitive nnd the
natural Inference Is that steadily decreasing
stock of cotton at New ^ork will be held
with more confidence. Spot interests were
buying August and the operator Who has
beaded the bull party In the pnst Issued a
crop statement of a -bullish character. lie
state, the condition at only 71.8 per cent,
or nearly 3 per eent lean than on June 18,
and only a little orer 2 per cent better
than that of a year ago, theae comparisons
Itelng mad, with hla own djtures. More-
orer, root markets were pretty nnerally
Arm, dry rood, reports ere beclnnlnr to
more cheerful and the short Interest is ai
posed to be pretty heary. •
The fluctuations, however, were within
moderate llmtta, and It la a fact beyond
dispute that ronerally people Incline to the
bear aide owln* to the Impression that
whatever the drawbacks reported here
and there In the belt from time to lime
the crop la on the whole dolnx well. -
Meantime the Booth continues to sell,
and the bnylnc la rather to rover ahorta
than to embark In ventdree on the Iona
aide of the market. Thi
i sup-
i dlaturle
trade look for further trouble In that eoao
try. The Bouth aold here to some extent,
but New Orieana and I.lverimol booaht: Bo
did well known room traders. Texasopera-
tons were buying In New Orleans, The ad
vance was by many recorded aa a momen
tary rally and not at all tnrprtilac s2ter
the went decline, especially aa the short
Interest In the room had become somewhat
large-—Olhert A Clay.
New Orleans.
crat aaya: Ths spirit of cantloB la abroad
, n n ow th ; P ^ , K n to W ?i U 4y M '^.fflal'r
sns® 1S2S5K
and tha lielt threatens xwn
hut the talent Is not l*t
tho date of kllllog frost, sl.. —-
sponds readily eooagh thr moment «heex-
pert hand la removed. The logic therein
fa found first In the absence of Ignorant
■M^culatlon; next, in the aklllfnlneaa of
tfe professional In correctly counting the
coat and Importance of each and every
move, and last bnt by no mAni least. In
sixnlticsnce, In the hetW balanced raUtW-
shlp of producer and r^>nsnmer. whlrh for
the tlme P being haa roht^l spoculstlmi of
much of Ita power. Through tha coopera
tion of the actual cotton. ma rket. _nild-snm-
mer longs hava aucceajfplly prutectej their
own Interests, hnt imthlng bnidarinit on a
r**al aqneexe has been permitted. On toe
other mind, the new crop Interest la more
m-arlr oolaed than would have been the
SST T m other rears under similar price
Influences because of the spot cotton re-
•trmlnt developed within recent year*, the
trade having discovered that the New Or-
? n Ughay‘ptSbe^wSe • V^dSi
bought^tbe m.rtcTup 4 «."m
moot the game Is hampered by too many
gTth^^raer’to^nnew tadff, safln
the event crop prospects prove reasons
blv adeouate no great rush on the part of
trtrr potwlUstandlag.—Ware ft Inland.
without prodortng
By Private Leased Wire.
New York, July 36. —'The strong undertone
was by no menus lost Id this morning'* se
curity dealings, but the market felt the
weight of profit-taking to a much greater
extent than on the previous day, and as
result the movement wx* extremely Irregu
Inr, some stocks risA*** their previous
high point* on the present upturn, wnllo
others declined. In general the strength
lay rather In the Industrial quarter; In the
Steel stocks, which were bought In *utlcl
patlon of ■ very favorable three month*'
statement due In a few day*' time: In Teti-
nessee Coal, Colorado Fuel, Cast Iron and
» same
r amor
Ing, Union Pacific, Northern
Northern, St. Panl nnd Atchison, made
show of continuing their rise at the open
Ing. But realising sale*, which were heavy
nt the outset In Southern-Pacific and other
:j£
was greatly mixed,
wan an incrmsnig nrnient among the pF*
fesslonal traders operating for a reaction.
Influenced by the apparently more favora
ble turn of affairs In Husain, the local
stock market opened with a display of ac
tivity and prices showing moderate gains
over yesterday. With Ihe exception of
Southern Pacific, which was down %c, the
general list was up from
RANGE OF NEW YORK STOCK MARKET
Antiilgim
AumtI- .in Sugar Refining.
AMCSSSi
American Locomotl
preferred
' After ten minutes trajliig the market
olt-tnklng.
more were
tofore
The total arbl
trage sales was estimated at 20,000 shares,
shares.
"oven.
tber bonds firm.
LONDON 8T0CK MARKET.
STOCKB-
Atchlson... .. .. «. ..
Canadian Pacific..... .. ,
Chic., Mil. nnd SL Paul..
Brie
do. prefarroa
Illinois Central. . . . « ...
Isoulsvllle nnd NoshrlllO., .
Now York Central.. , * .
'ennsylvnnln
landing..
_ nth*rn Pacific..
United States Steel,
do, preferred.. .,
128
rirant of rotton
■rantt’,1. Whll* th, ralKimM ninot IM-
t»rial It was evident that resistance to
tensi.^it . * tt | ha | figure. I/Poking
trTh. sltn'rion Vm..wlut hrmflly, th.
pwllyi Will wln.l np th.nrf.nt
&Mxe£s?:f
'* *■ ALABAMA BT.
GIBERT & CLAY
bonds.
ATLANTA. DA.
corrctPiiovi.ioN*
Si
York Stock Exchange (New Orleans Cotton Kj^nang«-. ■ c - 0 i t *on A** •••tstlon
r — Cotton Exrh.n*., N.w Or .an. Jwr* ■»*2C|uS»S5i Cotton E<r*..pi
Coffee Ex. hauge.lNew Orleitn* Board of ira-i n*.
I'riv.t. Wlr—'•> »“ ,I * ,, C R# FAGAN, Man.n.r.
^^*1 and Lo-o Olstance TeUphone 5298. **
COTTON SfeED OIL MARKET.
Now York, July 26—Th, tradlns wn,
axaln mnr. nctlro, but pnrrly snmilstlr,,
«ml the fNtllnf wo. Arm, with prir.s show-
Inf bnt ollfht chonfo. Tbo later mouth,
wore offered more freely, I'ssh traillnr
wee qnlet, ai the market nt be prewnt I
Itifluenctnl. to enmo extent by epcculatlve
manipulation.—Ware & Lelenq.
Opening,
July.., g
August M
" itember .. .. *7'
. olier
November.. ..
Jeeembcr,.
Sales, 100 September nt
at Si. Cloned sternly,
ATLANTA MARKETS.
FRUITS AND PRODUCE.
Offlelnlly corrected by Atlanta Fruit ant
Produce exchange,
la-mnns, 35.00 to 35.50.
Mines 60 to 75c.
Peaches, per crate, 50c to 3100.
Pineapple*, 31.M to 3150.
bananas, straights, u— hnneh 31.50 to
31.75. Cnlla; per boacn, 31 to 3127.
W*trrn..'Inn«, 37.50 to 320.09 por 100; de.
“poutfritV and rpuNTnv phodocb.-
lair* hens 25 to 27He; fries 22Vk to 25c
broilers U to HWe. ^ly, ducks, Pekin i
to «c; paddle 26 to 27H“.
Dressed hens, per lb„ lie to 13c.
Kggs, per doien. II to 1''.-.
Batter, tablv, por lb., 3) to 2214c; cook-
"HaBJfcJWfeto 3-lb. r.
SWftT. ( 5® !
Tometoes, per crate, .6c to 31.25.
Old Irish potetoee, per ImsheL II 40.
Old sweet potetoes, per liueli.-l, |1 to IL26;
new sweet notaba-a 11.60 bnahel.
Cherries. 34-quart crate. 31.50 to 31,75.
s, per crate, 31 to 31.50.
s 10 to :2i,c nunrL
10 to Uieu quart.
flour, grain, provisions.
FI.OUB.—l'ostela Ktrgant 36.10; Diamond
netent. 35.76; JlaacantaTe star. 34.75; fancy
K 1 tent. 34.75; Mine Itlbhon, 14.10; fancy,
(0; spring wheat patent, 35.28 to 15.78.
CORN.—Choir, red cob 76c: No. 2 whits
75c; No. 2 yellow 73c: mixed 74c.
OATS—Choice while clipped, 52e; choir,
white, 50c; choice mixed. 49c; Texas rust
P klEAL.—Phiif water ground, per husheL
K t bolted 1401b. jutes, per bn«hel. 63c.
irts, white. 31.40! tnedluw, 5i 35; lirowo,
31 »}; pure bran, 11.15: mixed bran, 11.10.
HAY*—Timothy, choice large bales. tLMt
a. choice etnai: bale, 11.14; da. No. 1
timothy Else. »«.»; do.. No. s 31; do.. No. 1
rlovrr mixed 31.05; do., No. 2 closed mixed
CLOrER.-Cftrtto ^ .
Tb*» above prices are f. o. b. Atlanta, an<]
aublect to linmcll.ite ,eee|,tunes.
GROCERIES.
SUGAR.-Standard grnnnlated 6c. New
York Rrnnrd 4>4 to 4Y4; Iiiantatlons <14 to
3 c. Market stronger .. ... „
•OFFER.—Rousted Arhuekle'e 315 60;
Ik. la luge or barrels, 12V; green 1J to
1TO. Market normal.
RICE.-Carolina 414 to «V4c. according to
*CllEEsl;-F?nCT r IuirSSn dairy, lP4e:
twins 14c; brick, 14c. Market atronjr.
PROVISIONS.-Bupreme hams le--. Dove
hanm 1554c. C,llfonsla hams 105ir: lied Cn.,i
hams. 15e. Dvr aalt extra riba. 35.77: wile,.
304 lbs., t>6->tSL"KM. We; pPd'«..
STOCKS AND BONDS.
Bbl. Asked.
VHV,
Macon 6a. 1310..
C. It. of Georgia Brat lneo«a*.,
do. oecontl Ibcoim
do. third incom..- ....
Georgia .........
Ansnmto and Savannah......
float hveetrfB
Oeorgk I'arifl#* 1st*
C,. C sn<l A. 1st
American Smelting Refining.
<b« |>rof•*n fl
AtcI1lm.11
•lo preftrred
American Cotton Oil.
llaithnore an.I olilo
Brooklyn Itnplil Transit
Cnnaillan rnvlfie
Chicago and Northwestern
C hem peak* nnd Ohio *
Colorado Fuel uud Iron
Central Leather
•lo proferrod
Chicago and ureal Western
Chicago, Milwaukee and Ht. l*aui.
Delowart and Hopson..,*
Distiller"* Securities
do preferred
General Electric
IlllnolN Central
American Ice Sernritles
Ixtulsvlllo and .Nashville
Mexican Central
MlNKourl l'aclfle I
New York, Ontario and Western
** “onal Lend
hern i'liclfic...,
Vork Central..
Norfolk nnd Western.
I'ennst Ivauln
JVOpJe'S I)**..,.,,,,,,,,,.,,,,,,.,, see...,
Pressed Steel Car
Pad fie iloll
Bending
Itopubuc Steel ......ft*../.
Hock Island
tlo. preferred
United mates Bobber
do. preferred.,.*,,
Southern Pacific..
Southern Hallway
da preferred.
flloss-Hheffleld
Tenneeeee Coal nnd Iron
Texas and Pacific
Union Pacific
United BUtes Steel
m do. preferred...
VIrginla-Carollna Chemical
do. preferred
Western Union !
wuhant ‘ *" ." I
do. preferre*!..
Wisconsin Central
do. preferred .'
Total stock sates today 923,600 shares.
|Clag,PreT.
>P«Mi;iHgh|Low | iTselllld ftTse.
•••'‘4
ISCisI W M , L*4
127% 1A.\; 12m Ujs 126%
NOTES ON GRAIN
Polntors 00 Provisions.
Z49lt Z47 2I9V4
7>V 7?4 f 70H
114 114 I 114 I 114 | 112 113
14<>V 147 14*; 14*iV H6\ 146H
117fi 117%« 11 TH IKS, 117S| 117
91 iUV 90S 1 91V« 91Si 90M
lOOHj 1<»H i«>Si louv*; 100
30»,( 20%| 20V* 20V* I
ii«‘* ms n:sj iuvJ n*Sj mC
75U 72 - -
IMS
76 74S1 Hg 75S, 74k
184 bO\f P3S, IMS IMS
198 1»7 19| ; r.'*S| 196
nMS 57'
5J
iso 1 m iv
67SI MW
61S] 4Mb
88SI .Y-S MS
...| l f »>V* 1011*
:s 17S' ITS
1M
3% 215S 213S> 216 i -14S' 2124
I? 57 r.7 I 67 ; 87V.
41\ 4.’ 41 [ 42 | 41% 4"S
7k 784 7fi I 7^4 78 ' 774
187 iff itfS ms IM , 1644
179 | 18) 179 | 190 | 1794, 178
•-'V mi i-.lSl M\I »i24
141 | 14/4 D1 I 1424 14-41 141
ssa sn sni k* Kf h
H n m S
20: , 4 sas *3V m I
— * 124 125 I 135
XX*,- sx', sx',
1284’ LI'S | 1-9 S
KB~
RANGE OF THE COTTON MARKET
AT NEW YORK.
The following la th. rang, lo rottox
future, lu N.w York t<*3nv:
_ , On.n- High, l.w 12K C^'"^
July. .10.03 10-ft ».0» 10.03 9.92-96 10.00-06
Aug. .16.66 16.IV, 9.94 9.96 9.9.V96 10.61416
Sept. .10.17 30.-3* 16.01 16.96 I6.064M 19.1616
Out. .10.28 10.26 ».S 30.17 16.16-17 10.33-M
NOV,. .19.22 10.3 16.JU 10.au 10.18-19 10.25-27
B:
Fell 10.36-31 10.17-39
Mar. .10.49 10.49 10.41 10.41 10.41-43 10.47-49
Cloaml alenily.
AT NEW ORLEAN8.
i^LWFolUV.X^ ,0 _ ” tt0 °
July. !o!lf' mT io. 1
ft 11H 8 ai I
te : : «iffi Si! SI “
Fravlmis
. ?Jlrtse.
Fib.
>I«r
Closed steady.
TIPS PLASHED
From Wall Strcat
llim.lnn ellaatlnn re-
Iported thin morning .houbl Im followed by
briKiilnnlnr nctMty. We-oontlnne mnserra-
llvely liulflah, siipporlSd by Infiffmatloii ami
tevhulcal randllloua, the latter Indmlli^H
broroMaiiMMBManMHill**
IT
.took market values, which
it conditions are nmproving
more rapidly tfinu heretofore, and that
railroad etirnlug* and ludnstrlal receipts aro
Increasing.'*
Market may have setbacks from time to
time, but look for gradual Improvement.
Marshall, flnsden ft Co.; “The news n
ports state that the public is not tradlni
Imt we ir« lihHmi || mH—
we are Inclined to !»e|leve this Is onl
s
pr.Mnt upwaril movement aleo baa th*
ipport mill u|iprovnl of the larger Inter-
d*.”
Hharp advanee In Ruaalan aeourltlea ra-
porteil thla morning, and the poatponeiuent
of the Industrial .trike, which waa Axed
for Baturday.
5Va think Union Paelfle will follow tha
market up; porhapa, lead It.
Uptown tmnliment: There I* aillJ rooaji)
erafde skeptlel.m uptown with respect to
the recent ecllrlty nnd recoveries In «omo
of the active stocks. It Is lieTleveil by
the ron.erv.tlvc Interests that th* Improve
ment In the nuesl.n situation can be only
temporary, and that a general overthrow
of the government mult com* sooner nr
later. It la admitted, however, that If nf-
■MroroMMjHBMMt la
nald-
IBIflHBSHBSBSSnHi
who hare liven very active In the mnrkrt
during the leat two years, but who aobl
rot some months ego, take the position
t they do not wish to sell the market
It In view of the large cropa promised
nnd tha enormoua hualnero that la I e-Inc
done In all llnea throughout th* I.'nlleil
Ktntca. On the other hand, they maintain
Hint they do not wish to make commit
Private Wire to Ware & Inland.
New York. July »—Rank rule unchanged.
I-ondon V- up on Ainericune. Ruealon 4a
up 3 points.
Rallroed earning, .how good Incrcaacs,
an announcement expected on Ht. .Pent
financing plan today, and there ere hull tips
on It. te well ea Bouthorn Paelfle, Atchl-
eon. Boh them Railway and Bteele. It la
rhonght Amalgamated Copper dividend will
be recovered qnlckly.
There may be considerable hurrah In the
early market, bnt an unwelcome feature
Is the poor response In bid's for Now
Y'ork city bond,.
More than likely, advances In stocks will
It* utilised for liquidating purpose,, olpe-
frible'lcti' 1 ' ,ho " 'oterett uecomo
■- I* » ball tip out on Cbesnpcnko
) ml Ohio from PhUndelpbln tble tnortdi
t w ; 1 II he tememliered that there It _
strong campaign on for n higher dividend
rate on thf« stock, which I* earning sev
eral limes lu execB of Its ralo at preornt.
The Dick following will. It Is said, be
come active on Ihe long aid* of Cheea-
(teake and Ohio.
It Is rumored from the boord Ihla morn
ing that good btiylflg la taking place In
llnltluinrc end (thin, which la not lu plan
tlfnl supply, according to reports received
from the room. W* suggest (bat this stock
la In n pualtinn lo advance gradually to
a considerably higher level.
H|H-culallva protit taking bn, taken place
In Ihe early operations today, Thera I. a
tendency among lougs not fn neglect fair
return., owing to tbc ttoeslbllltlea of rose-
tloti during th* remainder or tha week.
PRICE CURRENT CROP REPORT.
Cincinnati, July 26.—Hcallercd reports of
rnln on wheat In snork; no material harm
yet apparent. Fine yield and qunllty.
Corn mnklug good ndvnncemeiit. Oats
•hort, but better then expected.
THE SUGAR MARKET.
August 6e 6V1.
SOUTHERN EXCHANGE
Oldest Established Office South.
COTTON STOCKS BONOS GRAIN
Ground Flour Oould Building. Dally
market Mter l*rd market manual
mal/i/1 "7/1 appH-atlon.^
L.J. ANDERSON*CO
Bankers and Brokers,
COTTOM, STOCKS, BRAIN
Correspondent’s Capital $250,000
NETERCNCC, TMC NCAL BANK
PHONE MIT. SRUnCNTIAL BLOC
HUBBARD BROS & C0„ Sts
Atlanta Offices, 219-221 Century Building.
Members New York Cotton Exchange, New Or
leans Cotton Exchange, Liverpool Cotton Asso
ciation, Chicago Board of Trade, New York Cof
fee Exchange, New York Produce Exchange.
Buxine** solicited for the above exchanges.
'/I Direct wire service. Correspondence Invited.
Phones 454, Long Distance 39. A.S. Hustacc. Mgr,
al*«ut the advance made ye*tcninjr. out
market b>*t more. There I* nothliiK eturt
11 inr In Ilf ltuoalan situation, nnd rccelj»tl
nln mill
nirfbt W,. ffltm r.'.-i
that the lonjr »ble will be more comfortable,
and that dciilnr* will he entail, compared
to whnt advance* might bo.
Weather In tho corn belt of thl* *tnto
nn«l port of Indiana I* nt 111 hot and dry. We
1" f-i I.IkImm prh
The tdg advance In hay frill keep oats
stroojr.
flt. l'nul wlra*: "Very heavy hall through
Cnnndn and at Gretna. Manitoba. Many
'eld* laid bare by the hall."
Our crop export wire* from Huron. 8.
Dak., July 3: “Wheat filling fine; wenthor
go Hecord Herald: Dry weath
er In Illinois I* becoming a Tory *erlou*
pr.ddi m with lh- li n i.ifii I n- *1.i*. h
receipt* hero were elxlern cars, while the
normal city ronaumpthm atone st thl* Rea
son range* between sixty ami seventy car*.
In some part* of the state, according to
the hay moo's reports, the pasture* ore
•I htff Si ft mot, im oats in being
cut nnd fed to live stork. Another effect
~ the dry weather I* to ludm-e farmer* to
bind their out*. Imt-nd of marketing them
from the threshers, as Is common with the
early oat*. The dry weather are** appear
to lie confined to central and southern Illi
nois nnd western Indians, although tber#
are scattered dry wettbor areas In north
ern Illinois and psrt* of UIhMm. Il-
lliiol* point* sent In a large number' of
tinfavornhle reposts on corn condition.
Ha hi plea ware, flprlngfleld, thar* Is no doubt
that some corn I* hurt, hut do not think
It serious. Itala Inis week will put so
end to It.
Print* Wire to Ware ft Leland.
wheat seems to jure been absorbed by
couple parties, and It looks as If Nsw York
was taking somv . . , .
^A cuticle rommlilion houaes^gooil buyers
Th* only conspicuous buying Is'by Va*
entlse, who has bought about a bslf ml
lion wheat.
Ths corn market was easier on Improved
jjcathsr^ In Iqwji |ind prospect* of rsjn )ti
local long*.
04 !«• * B 'shade wistsr ot\, »«mng t
y recelrii " *
Humney i
Isool-
iiow;
oat*.
HEAVY EXPORTS -
HELPEDTHE BULLS
Wheat Closed Higher and
Corn Sympa
thized.
By Private Leased Wl
.iTU-n^o, July Jt
shown Tn the ramp of th
rd ths elm
talk of heavy
fldcnce wag
. e*t bull* to-
f the dny * session. The
rt taking* at the cantera
fact
000 bushels wheat
corn this werk, comp
2.7«l t aw ' *
liking* at the cant# 1
the bull help* T
ho
ami gulf port
That A rip ntlnn Is slated to shit* l.SVI,
' and J.W0.000 hunhel* o|
urusLnuBits^s
■ . A ftw nf ths Isritr mini «i(.
loaflln, a little. Deniamt poof.
Oete open,**! a ehsdn ra.ler on Mlttn*.
iiin.tIv Ilf reeetvth, hon.ee, nurklej nmt
Ituuieev alHint lie.t tiuvefs.
* >ok. „ If toe*!. Tmil about »oM out
; fair bujlnf hjr Wells sud Prlnfll* In
l'rurlslona west
era sent n* Bept,
Trade IlffUt. Ci
Trade llahl
raoileratelj.
Chlrsiro Inter-Ocean
Tn CWr*
w
cart
ember lard. Hlbs Ia»
ommlssidn house* sell
flwlft broil
uthej-jv^r.
f'a*h business, In
sellers picked up a ftw
Hales of corn were 110*000 bushel* to
New England nnd of oats, no.OOn bushels.
At the seaboard, export sale* of wheat
In all positions wets Ba.000 bushel*. In
cluding ifiiOuO hasten aa 2 red and .No.
2 hard, and tha balance durum ,
A MluncanidU elevator man wtrea: “North
Dakota wheat crop will not exceed two-
third* of last year'* crop."
Heportn of corn show an Irregular con
dition. The mo*t bullish advices com# from
central and *oothern Illinois There Is un
doubt but nom# corn Is hort. but do not
think It serious, ttaln this weqlt will put
•n end to It.
NEW YORK COFFEE.
Following I* given tire opening nnd clnrlng
quotation* of Fbo New York coffeo market
January .. ..
Oetober :
November
pecemWr ,.6.90-4.96
Closed Steady.
I with 1.15J.00U sni
respectively the week before was
not rellsh-i by the trade. Corn and o*t#
cloned I|.ilt-t K-ntlii* spot* showM wheat
4< • ri t.. *i * lip » Til \'(ib*
Jtats Hfj T 4c off. and provision* dov
bushel*, again*. _ . .. x
receipt* 476,0n) bosbel*. a year ago 530,000
bQsbela. ,
Clearances were 243.000 bushel* wheat,
lust 211.000 Imsheis a year ago.
‘egranees were 141.000 bnahel* wheat,
bushel* corn and 2,000 bushels oats.
24®
1.164,001)
against
Clean
211,000
CHICAQO GRAIN MARKET.
Open, fltfb. Low. Ot
fc n
fifc-
I h I P
S3 S3 i
»3ki VM i t”
..... 14 00
fesKi m ttf 4
{JjflvTlO 9 10 9.14
Hept... 9 174 9?) 9.111
m.... H W4 9.(«) ft-Rfi
CASH WflBAT*-
HfctfJaawws
49
J1S
PRIMARY MOVEMENT.
The following figures give the primary
movement of wheat and corn: _
Wte#t—Receipts loilay 1,166,000 bushel*,
against bi-slnd* Mat year: shipment*
today 292.'s«*» bushels, against 632,000 bush.
c/« ta«f year.
«’orn— Ilecrlnt* to.lny 4<6,000 bushels,
against f**i3.nw bushels hint year; shipment*
toqny 221.000 bushels, against 5*9,00 bushols
Inst year.
NORTHWEST CARE.
giro the northwest
Minneapolis
Duluth. . .
Chicago. .
CHICAGO CAR LOTS.
Wheat..
Uorn.. ..
Oats., a.
Hogs.. .*
Tods v. Tomorrow.
LIVERPOOL GRAIN MARKET.
•Vhe.it opened H lower; 1:10 p. Or, U low*
er: closed H to H l^wer.
Corn opene«1 nnehnne-d; 1:30 n. m.. ut-
changed to Vg lower; closed 4 lower.
CENTRAL BANK & TRUST CORPORATION,
CAPITAL $800,000.00
It you oontotnplato oponlng a now account, or chsnKlnif your prrsent
banking arrangement, and wish to connect youraalf with a atrong, conserv
ative bank, fully aqulppad to i.rvo you a* your bu.lno.H J i.tltlet, w.
Invite you to call and talk the matter ovar with ut.
A,a O. Candler, PraaldsnL
W. H, Fattarasn, Vlos-Prs.idsnt, A. P. Colas, Cashier.
John 8.’Ow.ni, Vlcs-Prs.ldsnt- Wm, D. Owsna, Aaat. Cs.hlsr,
<F
ATLANTA NATIONAL BANK
ATLANTA, GA.
C e. CUBRI8R, PrealdanL A. E. THORNTON, Vlca-Praaldent.
H T. INMAN, Vlee-Pre.ldant, GKO. R. DONOVAN, Caahfsr.
JAMES 8. FLOYD, Aat’t Oaahlar.
Capital $500,000.00
Surplus and Undivided Profits $500,000.00
We Solicit.Your Patronage.
Frank tlawklD., Prr.M.ot-
'I ,1 1 -III H .
IV. By.
H. M. Atkln»a. V. P.
■ Jos.ph A. McCord. C.sM.r.
Third National Bank
Capital .... $200,000.00.
Surplus s . . $300,000.00.
Dr. A. W. Calbonn.
Milton Dargan.
John W. Grant.
II. Y. McCord.
DIRECTORS!
Frank It*whins.
If M. AtkinsfO.
Joseph A. McCord.
J. Carroll Payee.
EL B Rosser.
David Woodward.
WM. L PEEL rresldsnt.
ROUT. F. MADDOX. Vic
Nt w OrltM.
WARE „
COTTON, GRAIN, PRO\
... 2 Will St., fruit 6lC<to» 6ff.il>. Cl.
O^I S i5n^ S^BON D8 f
kUmtUMt
Him York Cotloo titbmge.
New Ortoiu Coffes fwtssys.
l/r-rp«o. - Cotton limllSH.
fntott Wirti to Now York t Now Ortrifi, ChUtf.
B«n fhoot iw.
Chicago Board ot Trade.
Chicago Slock lnhaogt.
N«w fork Coff** tnhanga.
Standard Phana 2
MADDOX-RUCKER BANKING CO.
CAPITAL $200,000.00
SURPLUS AND PROFITS .... $500,000.00
ACCOUNT* INVITED
We invito nrcounte of Individuals, corporations, banka
and bankers nnd offer the best terms consistent with
conservative banking.
In our Kavlng* Department we allow Interest at the Rate of J 1-1 pa*
cent. Compounded S*mt-s\nnually.