The Atlanta Georgian. (Atlanta, GA.) 1906-1907, July 26, 1906, Image 11

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11 IDE WAS FAIR There Was Less Bear Pres sure Apparent Than of Late. TRADE WAS BEARISH Chiefly Owing to the Pine , Crop Reports Now Be ing Received. NEWS AND GOSSIP Of the Fleecy Staple. Private Wlra to Ware Sc Inland. Liverpool futures opened sternly, 2 to S . 1 to ) up and qolet. ■erpo<d fi op. At 15:15 u. _ __ wf , Sales 5,000, spots 6 up at 6.0&L Futures due Bf rrtrata UiimiI Wlra. }i,w York, July 26.—Th. cotton mnrltet „ nf 4 ,teuly with a fair apoculatlvo trade |o proircw ami leaa hear prauun than of lit. although the feeling among room trad ed'remained fnvoraldo to lower prices, SW OKing to the flno crop prospecta. are some weather and crop In fine condition. Following are some we lews received late today: Yleksharc. MIsa. —l rop li — Mtwltkstindloa had weather; with two Swki mor* of good weather will have Kelis P nfoa Cl cnl!le na” rS ’“lJincushlre nnjply g plied till mlddlo of Hentemher and even and. Early movement may precipitate becoming numoroue. Cloudy and threaten lag now; muat have clear weather. laekeon, Miss.—Weather during nasi week wss Ideal and cotton dolug nicely. limit.villa, Ala.—Crop In thia aectlon do- 1,, Sill. Soralu since Monday; need dry W Sew* Orlaano. I*.—Private advices from Ttiss art no distinctly fnvorahle that no ► duns effort Is made to support the mar* ket'a more natural InrUnotlnn to decline. Haalehurst, Mlsa.—Crop condition finest srsr: weatlwr has heea parted Liverpool cables: "Epnihay i Stock Is Insured for 6,000,00!) "/aothcr Idverpool cable- anya: "Market talking bearlah In conacquenca very favora ble crop newe.” . SPOT con ON MARKET. Atlanta, steady at 10ll-16c N.w Orleans, steady at in»ic. , Nsw York, quiet at 10.90c: Bales M con- , ; ; .1.11 y*or*»c! off routrnrt, 100. Ivtrpool, qbipt at b.om. Si quiet nt 11 lMSc. quiet nt 11*40. „ . , steady «t 10 15-1 I4v«rpool » Pt. Lotili knnuiPVpMVl S IoMle. dull nt 10He. Norfolk, steady at UHc. laltlmore, nominal at UHc. LIVERPOOL COTTON MARKET. . Liverpool, July 26. 12:15 p. m.—Cotton, spot business moderate, "1th prices a toady; middling uplands d.06d; soled' 5.000; Ameri can 4,W0: aneculafioD nnil export 500; re- c- Ij-t« S.000; American 100. Futures opened Awn. ripening 1’rsrlons Ranee. Close. Close July 5.81 5.77-6.78 5.76-5.77 Juir-Aujruat. , . .6.76-5.78 5.74 6.73-6.74 AoiUlt'Sept. , . ,.5.68-6.69 6.65-5.66 5.65-5.66 Eept Oct., . V . .5,62-5.63 5X9 5.69-5.60 oT-Nov . . ...6 58 6.55 6.56-5.66 Nov.-Dee.. \ .. .6.58-6.56 6.54-5.65 6.66 Stf -Jan.. \ .6.68 5.54-6.55 5.65 Jan. Feb!! . ,,..1.69 5.65 5.56 5.56 Ffb.-March -••••• J-68 _ March-April. . t .5.13 6.59 5.69-5,60 Closed quiet. TODAY'S PORT RECEIPTS, Tho following tabl* shows receipts at tb« C ts today, rontpared with the sumo day ■ t yssr. ^ 1006 1905 Kre Orleans, . . • , . GnlvrstoQ, Mobile. Rarnnnnh. CbartestoDr Wilmington. , . . . » Norfolk* . . ... . , York, rWlMelphla'’. 3089 m •1 8290 47M 'fl - 2712 7 1 S Totals. ....... 6290 12728 INTERIOR MOVEMENT. 1906 IMS RntutoQ. Aagusta. riarlnnstl. .,,,,, 8*5 <9 *IT' 1785 170 eT" Totals. 1746 2870 GIBERT & CLAY’S ____ DAILY COTTON LETTER. N.w Orlaana. July M.—Cables were no- mtrnns and iiearlslt to a degree In tone. Isvorable crop adrlcea went Jo the other •Me. being too strongly nn Influence In favor of lower price*, notwithstanding the tact that the major sentiment, financially, fn Liverpool could linrdly be nnythlng <•!*»* but bullish, In view nt the large stocks of cotton held there. Options w ere unchanged to l down on close and spot sales. 57000 bales, advanced 6 points. Today s decline wm manifestly In accordance with tho le- ultimate Influences surrounding the trade. No pronounced pressure wss brought to bear. In spits of the fact that crop uew* continues most sntlsfmtorr. The few elenr and warm dnya that the belt has •xperlenesd of late seem to haTe heen or treat hensfit - to the plant, nnd our crop •dvleei today report no deterioration other than local shedding and grussy Adda. In Texts, the uniform progress made Is most ntipfactory and encouraging. nnd some •uthorltles mnlntnln thnt tho present condition Indicates n yield fully ns largo ns the great cron v-nr before last. Wore this the only difference afftettef market prices, it would be unreasonable to suppoao that bullish enthusiasm could nowhere And a foothold, but since there must also be reck oned the well supplied condition, said to extend even through Bumtemlwr, of the pill eentsru of England, and especially torn-aster, and prospects for ao t*fiy pavement of new cotton, together with the be ample for nberlng the •***rprndoetlon. It do«*s not appear to 5 radical step to take In declaring that aeeifitf»s are far more likely to occur than •nhincement In values, ware a lelano’s DAILY COTTON LETTER. New York. July 26.—The sharp reaction P* short covering yesterday left the mar* * # t In rather n wenkened condition when broker* attempted to sell a few thousand tolas this morning The result wns a loss * practically all the recovery during the tony trading, nnd prices ran back to prac ytony the lovV point of yesterday. On the ;* Una, more short covering was lu *v|- which served to steady the tone. of Commerce says: •‘Cotton has deteriorated slightly over the Carolina*. due to excessive rains, and fields are grassy. No complaints of shedding or Insects. Good proportion of CJtjP laid by." Tomorrow Is notice day on August Ex* pod liberal tenders, nnd. n* have no places, will hare to sell long August If tondered. Trade moderately aetlw, outside orders mostly ou buying side. Locals disposed to bear market. Wilson Sofferlng 5.000. October at 1) 21. H. Wilson offering 5.0*) January at 10.84 and 6.0U0 October at in. 19. Jones offering 6,00* December at 10.90. Dick Bros, selling December. Schlll buy* lug. # New Orleans, Jnly Ju.—Liverpool cables nre favorable They vote due about 3 up on both American raafkets. The market lx soft under n flood of very favorable crop news. Reliable people are sending In reports from tha Atlantic which are nnythlng hot bullish. Local bolls ap pear to fear the effect of August tenders In the New York market. Spots are dull. The net stock of cotton In New Orleans Is 80,98 bales, against 51,006 nt this tlmo Inst year. The amount of rotton on ship board Is 17,836 bales, against 16,991 lost year. A few notices have broken July. So far os wt» can learn, not over 400 or 600 bales have been tendered. Notches. Miss., wires: **T. Goldman, from Torrns Points, Coupe Parrish, Louisiana, reports having two holes of cotton out. Would gin It but has no gin near. Crops best on record.” A letter to Thorn A McGinnis from Gas tonia, N. C.. says: ‘•Have boen over most of the North nnd South Carolina territory, and everywhere found Q good, healthy plant, although In some sections Jt Is n little smrtIL Every field examined- seeuind to he well fruited and If shedding does not begin soon we can depend on a very full crop,” Private Wire te Giber* & Clav. New Orleans, July 26.—We have tha fol lowing night wire from reliable central Texas friends: "Haloing hard this after* wo want dry weather; rain doing damage.” • _ . We understand the Southwestern Buyers Association shows. Texas condition 90 aa against 84.6 Inst month. Present condition Indicates a yield as largo as ysar before °Our traveling representative wires from Fort Worth: '‘Conultlons around Dallas good: had too much rnln north of Dallas: drove over part of Ellis county, also Bell county; no boll weevil rot: spent two days lu fields: plant full of blooms; no signs of weevil anywhere." ... Map very favorable, only heavy rain being at Oklahoma, while scattered showers oc curred over widely different sections of the holt. Central Btntes are clear. Cloudy con ditions elsewhere. * Western forecast: Cloudy, with scattered showers probable In ell sections excopt east Texas anil Arkansas. Eastern forecast: Tartly cloudy through out. with showers Friday In all states ex* •opt ^Il»sls8lppl. SHORT COVERING CAUSED STRENGTH New York, Jnly 36.—Tha Sun says: Tha tone of strength was from the covering of shorts on this side. This wns prompted by n number of causes, bor example, the stock markets looked better to tho cotton trado and the Russian situation less threat ening. Insurance rates here under the new rules will not bo prohibitive and the natural Inference Is that steadily decreasing stock of cotton nt Now York will be held with mora confidence. Spot interests were buying August and the operator who has headed the bull party In the past Issued a crop statement of n bullish cnaractof. IIo states the condition nt only 7L8 per cent, or nearly 3 per cent less tnnn on Juno is. nnd only n little over 3 per cent bettor than that of n year ogo, these comparisons being made with his own figures. More over. spot markets were pretty generally firm, dry goods reports are^ beginning to be more cheerful and the short Interest Is sup- ased to be pretty heavy. .... The fluctuation!, however, wero within moderate limits, and It li a fact beyond dispute that generally people Incline to the bear sldo owing to the Impression that whatever tho drawbacks reported here and there In the belt from time to time prop Is on the whole doing welL antlme the Booth continue! to MIL tho buying Is rather to cover shorts than to emoark In ventures on the long dlile of the innrket. The UoMlitn .Itnailoii Ih still nnturnlly more or less of » 'llsttirh. Inn Vector, o, very mouy of the cotton trede look for farther trouble In that coun try. The Booth sold here to somo extent, hut New Orlesns nnd Lly. fi'iiu bouRht. Ko did well known room traders. Texes opera- tors were buying In fcsw Orleans. Tho ad vance wap by many regarded as a momen tary rally and not nt all surprising after the recent decline, eapeclally a* the Interest in the room had become somowbat Urge.—Qlbert k Clay. New Orleani, July 8.—The TlmtirPcnjo- rrat aays: The aplrlt of eipttooTa abroad fn tha cotton world, and the dally dope now appears to carry less sentimental in- flnence than old-time traders ever expected to witness. Europe threatens revolution and the belt threatens mother large crop, g date STRONUN TONE Duo to More FavorableTum of Affairs in Russian Situation. ADVANCE LATER LOST Due to Profit-Taking Sales. Arbitrage Sales Esti mated at 20,000. By Private Leased W|ro. x Now York, July 26.—The strong undertone was by no means lost In this morning’s se curity dealings, but the mnrkut felt tho weight of profit-taking te a much greater extent than on tho previous dfiy, and as a result the movement was extremely Irregu lar, some stocks rlsl»»- their previous high points on the present upturn, while others declined. Jit general the strength lay rut her in tin Industrial quarter; In the Steel stocks, which were bought 111 antlel pattern of u very favorable tureo mouths' statement due In a few days' time: In Ten- hniw Coal, Colorado Fuat, Caat Iron and Pipe and othera of tho aame class. A faw of the railroad stocks, anions thvm Raad* lug, Union Pacific, NortUenj Tnclfic, flmt Northern, 8t. Paul and Atchison, mode a show of continuing their rise at the open ing. Rut realising sales, which were heavy at the outset In {southern Pacific nnd other recent lenders, soon spread to the rest of the railway list, and these Issues as n.fhla lost ground. Soutlrneut was greatly mixed, with ; tlvity aud prices showing moderate gains over yesterday. With the exception of Southern Pacific, which was down *c, the general list was up from Ufi?4* , . . After ten minutes tradlu* the market ■old off moderately on profit-taking. After n decidedly Strong opening, on which odvauces of l point or more wero mode In many l**ues, the market yielded under heavy profit-taking sales, and a Inrge part of the early gains wos lost before the eud of the first hour. The total arbi trage sale! wai estimated at 20,000 shares. Other bonds firm. LONDON 8TOCK MARKET. STOCKS— Anaconda.. Atfhlfion Canndlau Ps' iflc,,.. „ Chic., MU. and Bt. Paul..,. Erie.. .. .. * do. preferred BSSaS^afodii.:'; Now York Central. • » » • Pennsylvania.. .. ,, ,, „ Reading.. .. .. .... „ m Southern Pacific.. , f *• *< United States Hi eel. . . do. preferred,. .. .. .. Jnm|Clos|cioa 249%!260 ‘ (246 0041 9084 8Sti 163% 164 16: W lb0% lMtill-9*? 42*{ 41% 40% 77% 1 74*. 77 - —U 1TB*4 cost nnd Importance ef each mw move, nnd last but by no ni***)* toaat^ lB Sen I flea nee, In the better balanced ship of producer nnd TJfJjfjL ,ka lime holnff has robbed speculation of a? &rssr*M b**>« , tench ot,lt«_PO!*.’;r.„Throa ? h ^ho •roteetod their tlon of the/actoal cotton market gassassSH ceie in other y«re »B<«f «lmB»r J>Ht» bxk-sw-msS §. W.««3Se«*iLsyt ic% m be lightly pushed V»*Vf tetlc, of it the m ice ef Jellelte «' recent decline, room trader, market op e*eln- For tho mo- agn WFa sr.lsts J ^:;7r r, om7Me”"thThS.r hemracr- t5». h th?ra we. rm '' , V,* 11 5 , “JS 1 ,r,h.t Rpjbjs Slxt few dare Will Wind no the nry.er flfegOTJBHH ,hnt . , . h 7n t r.tSr ?le« ln*lt« prngr. ... ■ GIBERT & CLAY <• A ALABAMA AT. STOCKS. JONOJ. COTTON. O K AIN eorrcc.WKovi«ioN« ATLANTA. OA. COTTON 8EED OIL MARKET. New York. July M.-The trndlit* woe ■lain more ecllre, bet purely encciilellTe, ■M the feeling wee Arm. with prlcoe ehow- jug but Blight change. The Inter moutlia were offered more freely. Cnnh trading wn» qulot, nn the market nt he pregent l> liitlueneed to g.une extqut hy gpeculntlve mnnijtulatlon,—Wero A I.ninnd. * Opening. Clo.lny. July BltS 55 Jl™!* Augu.t J September .. •• J October * November.. .. ...... J December .. * Hates, 100 September it nt XL Cloned itendy. RANGE OF NEW YORK STOCK MARKET AlimljfninMtfd' l'op|H»r Atlantic Coast Line... Amerivau Su^ur Ut-finlug AuaroiitlH American Locomotive..,, d.i preferred AniiMlrun Buicltlng Rcituluy... do pr~* * Atchison do pmprreu.....|,tteoet•»•**• •••••• Anu-ricau t'ottim Oil,,,,,,,,,,,,,,, ItiilthmirM uml Ohio. ItrtMklyn Rrtpltl Transit Caaadlan Pocltlc.. Chicago and Northwestern ChcKspoake and Ohio Colorado Fuel aud Iron Central I.«stlier. do preferred Chicago aud Grenf Western....,,,.,,,,,,,,, ,,,,. ‘ 'hit ago. Milwaukee un i Bt. Paul Delaware ami Ilmixm 1 Met tiler's Hccurl tics,,,,,,,,, do l)refcired «... •....•mmmi. General Electric.,., llliaoiN Central A moil can Iro Beonrltloy ,,,, I.oiiUn lllc aud Nshhvllle Mexican Central Missouri Pacific., New \ork, Ontario and Westsrn National Load Northern l'MWI.i...to New York Central. Norfolk nnd Western. I'eimsylvunla Peoido's Gnu Pressed fit eel Car do. preform) Pnelfit? Moll Rending Republic Nteel Rock iNlaud do. prof erred..... Upltod Biates Rubber., .[Sgff. Hunt hern Hull «vu y do. preferretf. Sloss-Sheffleld Tenures*** Coql nu«l Irou........ Texas and Pacific Union I'aclflc..,,, United Hrates Steel, do. preferred... VIreIMn-Carolina Chemical no. preferred..., Wabash ...i do, nroferred. Wisconsin Centra! do. preferred........... “Total stock sales today 923.500 shares. Ha% io'i% 137 137 137% 249% :'4!*-t 114 4 ill I pn pi "I li8'’| U3 146% 147 . 117% 117%! 11T‘{ 1*1 : »IV 90*i !•*•% 1 * *>h sum x>% 1U%| Ih** 117% 75% 74 , 74% 163% 1(4 163% 91% 146% 146% 117% 1W 91% W4 l»% ’HU *iivi ISO 161 l»li 11»% U«H 117% ... 75% .4% 163% lM\ lulV* ]'.•% , lv:%, l;*6 M% 67% 66% 62 61% 3fl% lu>% H'l»s i7% nil RANGE OF THE COTTON MARKET AT NEW YORK. The following Is ttm range la cottoi futures In New York today; Loaf Previous Open. Illah. Low Class. Close. July. .10.03 10.03 10.03 io.o;t or - Aug. .10.03 l""c 9.94 9.96 Bept. .10.1? 10.18 10.08 10.0« 10,i Oct. .lap 10.25 10.15 10.17 10. Nov. .10.5 ia» lo.so 10.26 Dec. .10,34 10.85 10.34 10.26 Iso. .10.37 10.3 10.29 10.30 Feb. . .... .... .... .... Mar. .10.49 10.49 10.43 10.43 Closed steady. AT NEW ORLEANS. „ The following Is the rang* la cottoa futures fa New Orleans today: I.nst Prevlnue Open. High. Low Close, f’loa*. July. .16.11 10.66 10.75 10.75 10.73 76 10%h SO H"ift. ;IS8 jfR mS Ins? J.lvsJ On. .10,81 10.M ltt.16 10.16 ie.16 It 10 M 34 Nir. . .... .... 10.17 II |o.M.» h ftk n Soil ill W ill Feb ,,,, .... l'»,27 jo.is 40 .... 10,87-39 10.46-47 TIPS FLASHED From Wall StreeL & m i? JF ATLANTA MAFKETS. FRUITS AND PRODUCE. Offlclnlly rorrect«J by AtlnnU Fruit 1*4 Produce exchange. LemooB. 65.00 to 66.60. pineapples, e**ev w» **.uw. . .. lUnnuaa, •trnlghtn. t-- bn"ch 61.50 61.75. Cull., per bunco, 61 to 61-65. "wntcrmclnng, 67.50 to 650.00 per 100; 6LM to 62-60. ■— bq»c^ JUO to ^ de. “fouC™y AND COUNTRY pnODUCB.- KaiJSrv 4 to 65c; puddle 25 tgMit. Dressed bens, per !b„ 12c to 13c. LW r .M"''.'V? r 'lf;’ , g-to 62Hc: cook- ,n froney-New 1_ S^ li° taj In ,1-lb. racks 10 ®VKOF,f ABLEA-Irl.b polntoe.. No. 6 Mock 61 li.rrel: No. J Tomatoc, per crate. 76c to 61 25. Old Irl.h potntoci, |>tr t.ti.he! ll.*. Old aweet potntoc., per bunhaL 61 o 61 *. Dew .wept potntoen 61.50 htisbel. Chcrrlc., 24-quart <■ rnfc. l 150tn 61.75. fnntnloupen. per crate, 61 to 6L50. Ulnckberricg 10 tu :fl,e nunrL Dewberries 10 to 12W: quart. FLOUR, DRAIN. PROVISIONS. PLOUfL—Vo.tflB l.legant 66.10; Dlnmond E tenL 66.75; MaKtataTn Htnr. 6*.<6; fancy tent! 64.76: ltlue Ulbbon. M.10; fancy, ;•<; aprlng wheat patent. 66.4 t to 66.75. i CO Its.-Choice red col. 76c; No. 2 white 76e: No. 2 yellow 76c; mixed 74c. , OATH—Cnolce white clipped. 62c; choice white. 60c; choice mixed, 4Mt; Texaa runt ^MBAfc^riein water ground, per ha.heL 73cJ bolted 1401b. Jute., per hc>h«l. 66a. Hhorti white, 61-40: medlubi, Si-66; brown, $i 3.); purs bran, $1.15: mlxvd brsn, IL10. * ilXv"-Tlmntby. cho c, l.rg. WAblQlJ A n rholcs siusi: <1.14; do.. No. 1 timothy l»nlss. do., No. 2 $1: do., No, J riover mixed $1.06; do., No. 2 closed^mlsed Clover.-Choice 90*. k , The above prices are f. o. b. Atlanta, and subject to Im media tv ecceptapcv. ** 3 groceries. ^ SUOAIL-Standara grauuUted 6c. New Tort Ilctlncd i'e to 4H; plnnutloo, 4tt to 'VorcK?-'to"*”" ArbuckI,', 616.60: bulk. In bog, or barrel., 126gc; green 1J to 1-.-. Market normal. RICES.—Carolina 454 to 754e. according to e-,1, Market very .trong. ‘cilKCHKeE'nncy full cream dairy, 1414c; twin. 14c; brick, lie. Market .trong, PROVISIONS.—IMBrara. hum! 16C. Dor. im. 1644c. California bamo l Uxc: Ited Crne. ink Ur. Dry oalt txtre riba, 50 .5; helllea. 4 lh« , 610 25; fat beck.. 3V-; plat*., »V: inremc l,rd. 6S.76: Red Croai. 10c. Snow rift eompmind, 71<c; Ini Croai, 7%e. STOCKS AND BONDS. Bid. Asked. Georgia 4446 1516.. }JJ Georgia. O' It »10 1# Haceanah 5e. 19(B 10264 Macon 6e. 1910 •* Atlanta. Ee. I9JI-... K6 AttanU and Writ Point 165 Atlanta and Weal Point Debta. 107 C. It. Of tleargl* nrat Income.... do. i5*<*ftD<l ISMM..,..,, Jn do. thirl lncom..e ^ aSO** aad fii»v»»oa'kl”iI^iI Ilf 104% 103% l"V-» ’rlvuto Wire to Glbert & Clay. Nsw York, July 2(1.—Daniel Odell A Co.: Improveiiifnt In tin* Itussfnn sltunllon re orted tl»ls morning should bn followed by rti.'ulcrilMir fi<•»T\ 11 \. 5 n lively bullish, supported by Infi/Vinallou nn«l iffliuli ul rufi'lltItuiN, tin* Intifi- li.< lii-nii.,' it very largo shortage horetofnre uudervstl- nip tod. Devclopmeuts over night aro prac- llnilly all favorable to cnlmnrrmtot Of stock mnrkot values, which are recognising -ElllMly than linratoforo, nnd that rqllroad earnings and lndustrlsl receipts are Increasing.” .Mnrkot mny bare setbacks from tlmo to time, but look for gradual Improvement. .Marshall, Bpaden & Co.: ••Tho nows re ports State font tho public Is not trading. Imt iv# qro InrltnM tu bo||<>vo this Ih mily partially* true, and It appears to us that the prceent upward movement also hns tho support nnd approval of the largor Inter ests.” Hlmrp advance In Russian securities re ported this morning, mu! tho postponement of the Industrial strike, which was fixed for finturdny. Wo think Union Fsclflo will follow the innrket up; perhaps, lend It. Uptown sentiment: There Is still consid erable skepticism uptown with respect to the recent activity and recoveries In some Of tiio active stocks. It Is believed by the conservative Interests that the Improve ment In the Russian situation can be only temporary, and that a general overthrow of tho government must come sooner or later. It Is admitted, however, thnt If nt- fairs In Russia continue to Impravo, It Is probablo that our markets will be consul* short In view of tho largo crops promised and the enormous Inndm-ss that Is being done lu nil lines throughout the United States. On tho other bund, they maintain that they do not wish to mako commit ments on the long side, bat will hold for a long campaign. Private Wire to Ware k Lclnnd, New York, July 26.-Bank rate unchanged. London %c up on Americans. Russian 4s op 3 points. . . , Railroad earnings show good Increases, an announcement expected on Hr. Paul financing plan today, nnd thoro are bull tips oil It, as well as Southern Pnctflc, Atchi son, Southern Railway nnd Hte«ls. It Is thought Amalgamated Copper dividend will lie recovered quickly. . . . A There may be considerable hurrah In tht early innrket, but nn unwelcome feature |in«o poor response In bids for New York city bonds. More than likely, advances In stocks will bs utilised for liquidating purposes, espe cially should the big short fntorcst become frightened. There If a bull tip oat on fhosnp and Ohio from Philadelphia this morning. It will be remembered that there Is a strong campaign on for a higher dividend roto on this stork, which Is corning sew- oral times In oxers* of Its rate at present.! The Dick following will, It Is said, be come nctlvo on the long side of Cnesa peek# and Ohio. It Is rumored from tho board this morn log tblit I billing In tiklng pin CO III Baltimore nnd Ohio, which In not In plen tiful supply, according to reports received from too room. Wo suggest that thU stoek Is In n position to ndvonco gradually to a considerably higher level. Hperulntlvo profit-taking hns taken place In the early operations today. Thorn Is a tendency among longs not to neglect fair return*, owing to tho nos<i|bll|lltfs of roat»j tlvn during the remainder of tut week. PRICE CURRENT CROP REPORT. rain on wheat lu shoes; no mater yet apparent. Fine yield and quality, torn making good ndvancvmeQt. Oati short, but bettor than yxpoctad. THE SUGAR MARKET. raw sugar steady and unchanged. London beet market steady; July and August 8f 6%d. SOUTHERN EXCHANGE Oldeat K,tabllah,d Offlc, South. COTTOI—STOCKS— SOSOS - BHUN Ground Floor Oould Bulletin*. Dally market Mtar kad marital manual tnaOod ok application. L. J. ANDERSON Sc CO Bankers and Brokers, COTTON, STOCKS, BRAIN Comspesdsst's Capital 8250,000 RcriniNcc, thc ncal bank PHONE I MT, PKUOKNTIAI. OtOC HUBBARD BROS & CO., Sm Atlanta Office., JH-JJ1 C.ntury Building. Members New York Cotton Exchange, New Or- leans Cotton Exchange, Liverpool Cotton Amo- elation, Chicago Board of Trade, New York Cof fee Exchange, New York Produce Exchange. Business solicited for the above exchange*. Direct wire service. Correspondence invited. Phones 454, Long Distance 39. A.S. Hustsce. Mgr. Htw Or/sssf _U&L COTTON, G «• 2 Will St., tmldiij. SUtr.it. Ct. MiMien „ _ . few Ytrk Ctiitt htebtngr CbJ<t§o Bjtrd sf Trtdt. ^roviskinsSto^ksPbonds, Cl/csf*. Htw OrlttBt Cclttn hch Lhtreco: Cv-fffi * ftlttit Wn*i teil Shore 1242. Chit York, Hew Orleatt, Cklttge. sioget. ard She NOTES ON GRAIN Pointer* on Provisions. Prlvata Wlra to Glbert k Clay. Chicago, July J*.—Liverpool prlcAl l°^t about tho advanca made yesterday. Oaf market tost more. Thera Is nothing si ling In the Russian situation, nnd fee* of wheat here overruu estimate* llban All thl* probably means so raster o Ing. There rrams to Ini no generally rlous complaints from th* odribwast, though Winnipeg reports severs rain and (nil In Manitoba last night. W* *UI1 fe«4 that the loug side will bo mora comforinblc. and That declines will ba small, campi to wbat advances might be. Weather in the corn belt of this state nn 1 part «»f Indiana la still hot and dry. We toak for higher prices. The big advance In hay will keep oat* fields laid bare by to* hall.” Our crop expert wire* from Huron, D.I I. . i ul r •:» '• Wheat ii:Ms-g fine. It .tilth of the dry weather Is hind their oats, Insteai from the tbrashei although there nols and western are acattorad dry wrath . _ _ ern lUlimU and pari* of Mississippi lluols points sent In a largo numbr unfavorable reports on corn condition, finmplcf wart, fiprlngfleld, thsre Is no doybt her of !Od to It. aln this week will put ■MHeat seeiqs to have boen nbsorbad by couple pnrtle*, nnd It looks as If Now York Tins taking some. A muplu camralsfson houses good buyer* of wheat. I.ooke Ilka Now York. Tho only conspleuoiit buying Is ay v*l- eutlno, who hfl* bought about a half mil lion wheat. Tho corn market was easier on Improvod weather In I«mn and prospects ««f rain In thl* stAto and Indiana. Dolling largely by In al longs. A tow of tho larger one* uu» loading n little. Demand poor. Oats opened a shado cniilar on selling, mostly by receiving bouses. Rucklty and Rumscy about boat buyers. Looks ns If locals had about sold out now; fair buying by Walls and Pringle la Provisions weak ®*d lowar. fiwlft brak es selling Beptsmbur lard. Ribs lower. Trade light. Commission bouses selling moderately. ^ . . , Chicago lator Ocean: Cash business In wheat in Chicago way confined to cor lota, clerutor BNDW Taking nil tho offering*, although local sellers picked up n few * fiiiies of corn wore 130.0M busbols to New England nud of oat*. 339.000 bushels. At the •oobofrd, export sal** wheat In nil poStlons were p-.OiO bushola, In- mdlng %I2.000 bushel* No, 1 red aud No. hard, and the bo fanes durum. A Ulnuonnolls elevator man wires: "North Dakota wheat erop will not exceed two- third* of last year's crop.” Reports of corn show an Irregular con dition. The most bullish advices como from central nud southern mlirbts. Thera In no doubt but some corn Is hurt, but do not think It serious. Rain this week will pQt on end to it. NEW YORK COFFEE. Following l! given too opening nnd closing quotations of the New 3 ork coffco mnrkot today i Opening Range. Dose. Janaary...,,* «* •• •# ,,B.M i.R5 *.95-7.fi6 Fobruary, ,,,*.**• 7,10 7.fifi-7.10 ESP";.. .. j* April.,. , # i ,. 7 Mi 7 2*' i -i Mny , . }. ,f.80 7.80-7.85 Juno,.,..!.. ..f-Wl 7 9* 7.40 Iv '.V .fl.WOCf. 5.00fl« Anfcit,. .. ,* ,.!! *m. .4AB 8 85 0 00 0 05 September ••*• .»4-® „ October..., November -j-SiS December,, .. •* mt ..5-90 9.95 Closed itoody, *.75 000 r to •; hf. c •; % HEAVY EXPORTS HELPEDTHE BULLS Wheat Closed Higher aud Corn Sympa thized. nr Prlr.t. (.Mint Wlra. Chicago. July 30.—More confidence wi* ahouu In the canxn of the wheat bulls to- w.ii-l tb- f tl.«i tjay’* •••■almi. The talk of heavy export taking* at the es*tern and gulf ports wero tho bull helps The fact that Argentina Is slated to ship 1.WJ0,- in") bushel* wheat and 'i.bushels <*f corn tbla week, compared with l.IS.'.tvu nn<| 8,712,009 reepectlvaly ike w.-^k i-ebu,- was sunf “« off to HOVic nit. ••■irn Ufc lowor. ■I* ‘>»t:,e off, .nq provlrion, down 2'»W Primary r»«5ot« «f whrat tv,r« 1.164.0-) Dilirii. nnlnat 103,00) . y-nr ,«o; corn tcclpt, 4,o.if) buihelx, . ycor n,,. Sat'.ioo i* tic In. . , t-lcnrnncc, xr,r, 243.000 bnatipl, wlt-.it, .ynltint 211,006 ltn,h.1, ,T»r a aa tllcnrancc, w,ra 146.606 liuthcta wheat, 211,006 tiuahcli corn nntl 6,000 baahela ontau CHICAQO DRAIN MARKET. nigh. r.ow. cioae u„ 7554 76k It* .MS 46»; -S :»S non • ’% 4*w foil W'i i9 Sit Mi Open WHEAT- fc DM,... * fiept.... 5iS Deo..... 4s % *5% 35% 84V4 lept.... BK &H U Ire..... 81% 84% 84 FOBS** SlpV.: it:66 if.33% w.m a sibk^' fife EK EX IB“ s LADD— MFmm 9-19 9.W 9,10 fie.it.,, 9.lfV4 8.20 9.15 ' i.yyg • ¥M i.k I'Afill WI IB AT No. 8 red 76Vi77Uj No. 8 do 75%'(/T«V4; No. 8 hard winter 154h J dp i4%'(# 75%: No. 1 iinrtbern spilng tikiir, No. 4 do 7>l\u;n; No. 8 do "Iff70. 14.60 8*3% 90 97% 9 II 9 K14 h T»7% PRIMARY MOVEMENT. The following figures give tin imvemeiit of wheat nnd Whoa l Receipts today primary 000 bunhels, i Rocolpti ngnlnsf 90:."JO aunhel! last year: shlpmsnt! today 891,000 bushelH, n gal list 63'J.Onfl bush- uy .. lust y**< Coni—ifec giijnst f.aLi«>> buMhels lust mliiy 223y000 busbols, again s«t year. t utlsy 471,000 bushal* lust y*nt; shlnun ‘ - uu*l t 5*9,000 uushel* NORTHWEST CARS. Minns* polls. Duluth. • . . Chicago. . . k nud lus Todo y. 1 northwest year: axt Last eek. Vear. CHICAGO CAN LOTS. . Tomorrow. 2 533 3 H6 LIVERPOOL GRAIN MARKET. opened 1 1 % to d-orl,: changed CENTRAL BANKS TRDST CORPORATION, CAPITAL 6500,000.00 It you coiit.inplat* oo«iilnc a saw «e-count, or chnnglti* your proMnt bacKIn* arraugam.nt, and with to concoct your.elf with a .iron*, ooaaar* .tiro bank, fully equipped to Mrva you a. your bu.loen. Juntlfltn, ws Inrlle you to call and talk tho matter orer with t|«, Aw 0. Cnndl.r, Pr.aM.nL W. H. P^tnraon, V!c.-Pr,tld,nL A. P. C^.n, Canhlnr. John S. Owim, Vls«-Pr,,ld,nL Wm. D. 0«»i, Anl Chlw. r ATLANTA NATIONAL BANK ATLANTA. GA. e E CURRIERr Pr.ald.nL A. E. THORNTON. VIoo-Pra.IdonL H T INMAN, Vloa-Pmldwtll OEO. R. DONOVAN, CnntilM. JAMES S. FLOYD. Ai.’t OaMtl.r. Capital $500,909M Surplus and Undivided Profits....... $5!0,!!!.!0 We Solicit Your Patronage. M*r. B 0 "w‘Vyir.V A..f. r„»l«. Third National Bank Capital .... $200,000.00. Surplus .... $300,000,00, Dr. A. W. Cnlboon. Milton Dnrxtn. John \Y. Oran). It. Y. McCord. DIRECTORSi J. It NunnaUy. Frank lliwkin,. J. Cn'tpH It II. Atkln«on. L *■ Bnranr JoMph A. McCord. Dnxltl " wriwirff WM. L. rilFl.. rrraldcnt ROBT. V. MADDOX. Vlw-Prw. TI10S. J. PEBPLBS. Canhlnr. JAS. 0. I.ESTKR. AM’t Cnnhlcr. MADDOX-RUCKER BANKING CO. . . $200,000.00 . . $500,000.00 CAPITAL SURPLUS AND PROFITS . . ACCOUNTS INVITED Wo invite accounts of individuals, eorporntionp, bank* mid bunkers and offer thc best terms cousistcut with conservative banking. In our H.ivlr Ki DcpartnMnt w allow Intercut nt th. Rat. of 2 1-6 p«r cent. Compounded Semi-Annually.