The Atlanta Georgian. (Atlanta, GA.) 1906-1907, July 30, 1906, Image 11

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MON PAY. JULY S'. IJMt THE ATLANTA GEORGIAN. 11 EDITED BY f __ — — „ , Josephb.lively^ THE GEORGIAN’S RECORD OF MARKETS AND FINANCE E* J ogxx\t Fill STEADY IT IK Hi Was Some Support Based on Further Rains in Atlantic States. ROOM SHORTS COVER On Which Late Months'Ad vanced to Within a Point of Saturday. By I’rlrato Leased wire. New York, July 30.—The cotton market wa* fairly steady at the open big, In view of the cables. There was some support based on further rains In the Atlantic states. After the call late months advanced o within a point of Saturday’s final on covering by the room. Commission trade was moderate. SPOT COTTON MARKET. Atlanta-Quiet at 103i<\ Sew York—Quiet at 10.90c. New Orleans-Quiet at 10Hc; sales, lellrered; on contract, 900. . Liverpool—Quiet at wl, Augusta—Steady at lie. Ft. Louis—Quiet nt 10 16-16c. Houston—Steady nt 10%c. Baltimore— Nominal at llVic. Memphis—Quiet nt 10%c. Favnnunh—Quiet nt 10 9-lSc. Mobile—Quiet at 10%c. Norfolk—Htendy at 11c. Philadelphia—Steady at ILISc. LIVERPOOL COTTON MARKET. Llrerpool, July », 13:15 ipot quiet. with Pjleeai easier: middling uplands 6a; sales 5.0X); American 3.900* 2nfriran°W B “ l ' xport "°°i recelpu 3,000; Kutores opened eesler. “ nlnff iiTMTl iTtS" 7.W.73 5.73 5.64-5.55 6.65 6.605.60 1.60 5.56-5.65 5.56 6.55 5.56 .ii.5.55-5.56 6.56 &5I . .5.57-5.58 5.57*5.58 6.68 ...5,59-6.60 6.69-6.60 6.58 ..6.66 TODAY'S PORT RECEIPTS. The following table shows receipts at the port* todsy, compared with the same day Ust year; t * Vw Orleans .. .. . (in Ives ton Mobile ... Savannah .. .. Charleston Wilmington .. .. .. . Norfolk Boston rhllndclphla 1811 791 1711 INTERIOR MOVEMENT* 1906 11W5 Wn 1805 wn Houston 640 Aiiffiiiita 271 Mptnphl# „ .. R. IrOUl# 100 iw mu Total ,. .. .. .. .. 1429 8B63 W | WARE £. LELAND’S DAILY MARKET-LETTER, k*t work's soml-aetivlty In the coi tndtng today and after the opening opera! were practically suspended for a half I »« ur or bu hour nt a time. Every one Is waiting for tho report on Friday of thls| week, and the occurrence of additional Wins over many sections of the bait, being rsthcr too frequent to Induce abort selling “* * u ' ‘ *1 seems to IIry where ater than In other words, , -o the professional element n. - •t'ons hardly pay for the trouble Involved In buying or selling. This condition of course is not likely the monthly report is activity Is certain to develop. There was a little too much rain In many sections, ■nd this led to some short covering. Cotton **med to be for silo on the adrnnee, how* £er, tnd operations continued of the kind that has led to a narrow market for somei weeks past. Reports on the progress of the snow tho majority of sections to bo i 1 ' unusually good shape for this season of the year. New York. July 3rt.—The stock market was wrong In the morning, with considerable fcuilpulatlon to facilitate realising, i In the afternoon nn attack Mug randeWB < onMidsted <»fls. the list weakened a lit tle nnd yielded owing to the combined InJ RSaS" ry bo.»1 technical *hap« nff.iiit H^^WW^HBIferaU recea.lon end we Ik*. urr. nocks khouM be confidently bought I •J » Iwo to three point reccealon from lop of today. The underlying fartor. **em fo he rety g*«*l. end w* think the , b* 1 ’ Intereat, are determined to relee the I kvei for distribution Uter. Thero are en- f^,raglng atgna of an Increasing outside laiere.t and the broadening of the market "h.no doubt do mueh to adrertlae It. W; Catlnue ronaervatlrety bulll.b, as outlined 13 r«ilp tiKiny. MONEY AND EXCHANGE. ®f. rr lTaU Leaaetl Wire. „ „ Seer York. Jnly »0.-Money on cell 39 A,per rent m eterllnr en "terllng exehnnge 4.5364.8514. COFFEE MARKET. -a Lcaaed Wire. drk, July W.-Coffee firm: No. *1 Private ragged Wire. »orw Yorr | *> iHc! Fifty years ago the Hamburg-Amerl- ! 2® Line was started with two ateam- ; ♦[. Today the same company baa 157 I . B atcamere plying on fifty-five dlf- | accent routes to all parta of the world. King Edward has taken to equestrian "Cretan as a means of keeping hie l5*lthtdown. Since the rabbit hole mle- | J*P. which lamed him. His Majeaty haa I **en unable to take walking exercise. NEWS AND GOSSIP Of tho Fleecy Staple. l*rlrate Wire to Giber, k Clay. New York. July 60,-I.lTerpool at 3 p. m. STle mehSSmd.” 1 lolv< ‘ r ' ™ The Journal of Commerce nn: ‘The week a trading lu dry good, ended with ooafldeaee expressed on nil .Idea na to the Immediate future of the huotnesa. The '‘"'F-’went a rhnnge for the Itettor rrom the time the doors were opened on Monday, and returns front the mafia were quite as encouraging ns the talk of buy ers who were to the dlatrtet. There are alow spots In the market, and they are to he expected for reasons, that are obvious to most merchants, but the greet volume of the operaUone wars of a healthy end satis factory character.” STOCK MARKET RANGE OF NEW YORK STOCK MARKET I'.giPrev, Traders Favorably Impress ed by Persistent En ergy of Bulls. N>w Orleans, July 30.-Liverpool 1 down h * dtoanpolntlug. Wan due unchanged. Indian Territory an<l 'Oklahoma ftock to Memphis through ■Imply Immense. Little the Mine.' 1 The Tlmet-Democrat'a report on the prog- the cotton crop during the month ?£ /uj* The conseustia of opinion points to the following results: L Distinct Improvement has been the rule, though the Atlantic states complain of egeesmrs rains and similar complaints begin to come from the districts to the westward* l. The I mil weevil and other pests seem to have done no appreciable harm so far. •. Recent heavy rains have retarded the maturity of the plant nnd may cause serious change lu conditions later on. 4. Farmers are troubled by scarcity _ labor In some sections, but the embarrass ment on this account can hardly bo said to be greater than usual. Private Wire to Ware** Leland. New York, July 30.-Llverpoot quiet 1 down. At 12:15 quiet 1 down. At 12:15 p. in., unchanged to l down, with the exception of July, which la 4 down nnd quiet. Sales 6,000. pots down at 6d. Due to come about un hanged. The New York cotton market opened quiet nnd as expected on Liverpool. " “ilsslon trade very small. Look for , ad steady market without any Important innges. New Orleans, July 30.—Cables are hnt was expected. The 1,000 new tc reported are hardly a favorable feature. Hie Tlmes-Deinocrat’s July condition" “ extremely benrlsh. Weekly prera rsr generally are also favorable, espec those relating to Texas ami Mississippi. The weather map Is favorable. Good showers are reported in tho Atlnntles, but QIBERT \ CLAY'S . DAILY COTTON LETTER, New Orleans, July 30.-Options In Liver- not closed steady and unchnnged to 1 polut >ower, while spot transactions amounted to 6.000 bales 4 points lower. Cables were ex tremely scarce, and denoted a featureless market. The only feature of Interest was ■■growing crop for the month of Julyl On the whole, their advices denoted a dis tinct Improvement, although from several I Atlantic states excessive moisture was com plained of, which may retard maturity. As damsge has beeu done bnj ------- other eilpp Insects, anil scnrclty of labor has not Iwen greater thau usual. Summed up. It was a most favora ble report, and Indicates n bountiful yield of cotton for the year to come. Tending Ithe bureau report Friday next, It Is probad ble that a continuation of the present nsr row nu<l uninteresting price changes will be witnessed, although improvements may oc cur fponv time to tlm* before Its Issuance on covering by nervous shorts whose fears seem baaed on the belief that tho report may contain some surprising features fa vorable to on advance. WARE & LELAND’S DAILY COFFEE LETTER a continued demand for short account I Investment buying, the broadeulng of which was promoted by cables from Eu rope explaining the advance there as due to tho covering of scared shorts and the several districts of Ban Paulo, which veil to remind the trade of damage to coming crop previously suffering as n alt of cold weather during the late i market several times during the .jree yesra In the - permanent adrnnee aa a . crop nnd decreaaea In the visible supply of the world as a consequence of this fading in production.-Ware Sc Leland. Opening usage. . fanuary 2 , S*2 , fi tt&T’:. ::v.. "M 7 * April 7.6A7.® Jlnjr 7.tS .Inni* 7-75 July,.. 6.06 7.10 Keptemher .. -.7.00-7.06 Ootolier -7-10-7.15 Noveralier 7.15-7.25 Dwemlnr. . ... .....7.25 CIuwkI firm. Bales 102,500 l>as«. Close. 7.40-7.46 7.45-7.65 7.65-7.60 7.60- 7.66 7.78-7.711 7.60- 7.85 IM-tM 7.06-7.10 7.06-7.10 7.16-7.501 7.2007.50 7.50-7.35 COTTON SEED OIL MARKET. iVew York. July 30.—There wni liet little activity In the market for cotton eeefi oil Hotunlny, na naual on the last day of week, nnd the only feature was a alight reduction In prices. Thronghont the week, tile mnrket wnt well-sustained, with more Interest centered In Hentemlier delivery. Thle month hau held Its premium of tc over Octolier. notwlthitnmllng that It haa lieen predicted that a large amount of new oil enn he bail her* for September de livery. Many dealers are of the opinion thnt this could lie don* only to n limit ed extent, however, and for this reatou there haa lieen little Interest on the abort side, despite the alluring difference o the price lictweeu the two mnntha. local bulla and prominent refining Interests were the prinrlpo! buyers Inst week, and toward the close had to take m mlts a large amount of oil to absorb offerings and bold tho mnrket. Of late, no crude oil haa been ffered more freely In the valley and at exaa polnta on the liasls of 37c for Au- gu.t delivery. Block* of oil are rather email, hut In atroug hands, and there la a fairly good spot demand.—Wore A la- Opening. Do Amalgn inn ted l‘upper Atlantic 4‘oaat Line ntstiuiiY v imini nr. American Sugar Refining..... , , . Anaconda American taocmuotlve . do. preferred American Smcltlntf Refining do, praferred Atchison do, preferred American Cotton Oil lUltlmore and Ohio llrooklyn Rapid Transit Canadian Pacific Chicago and Northwest*™ Chcaapenke and Ohio..... Colorado Fuel and Iron Central Leather.. TOOK PROMTS LATER „ Chicago, Mllsaukt^e and 8t. Paul... Delaware ami UudaoQ.r... But the Market Very Slightly From the Best .Figures. Securities SliadCtl do, preferred'....’.'.’.7 Oeneral Rlectric Illluola Central American lee Becnrttles. Loulsrllle and Naahytlle Mexican Central Missouri l’adfle New York, Ontario and Waatcrn National Lend Northern l’aelllc....^ New York Central Norfolk aud IVealern maylvnnl* 'Pie’s tins •resaed Hteel Cnr Uy Private Leased Wire. New York, July 30.—The markata abroad were again considerably unset tied this morning a. a result o* T^ P newed weakness In Russian securities. I Pacific Mall Russian bonds fell sharply on all tha Reading ...... European bourses, while In London the H«k Iitaiiil”...’.'.'.'. 1 .'.'.’.'.".’,'..,'.',"."."il |l ..V.",V.";!!;i“!;r discount on the new loan touched again do, preferred!'.'."""" almost the top of a week ago. It did n}ifj; r *d" l ' lM ' r not appear that there Was anything I n I gen there ftTctC ! 1!!!!! I! the news of the day to explain this | Southern Hallway fresh disturbance; It aeemed to be OC-1 BtomekheffIrid^T; casloned by Pari* liquidating part of Tenneasec Coei and Iren which It bought last week to sustain Texne nud PacIBc ments were more or leas shaken by the Russian selling movement, bull on what vt rwtn'la-Cwroltun 'c'taerai^l":I!!I”i.'::!I”!i!!! were obviously supporting orders from d„. preferred this side, the American list was held I Western Union above our closing parity of Saturday. Wnbsah ...... There was accordingly very little do, preferred., leek In the early hour* of business I wi»con«in upon local operations for the rise. Buying went on heavily, pretty muCh through tho entire list, and In most of the leading Issues last week's high figures were exceeded. In the stock market opening prices In almost every case disclosed Im- irovement over Saturday's close. At- antlc Coast Lins and Orest Northern preferred gained a point; Sugar 3-4; Steel preferred 5-8 and Northern Pa- chick In the early hours it Wnea* W^on.Yn Central ... NOTES ON GRAIN Pointer* on Provisions. -Liwer cables ami heavy mean prop MN ; week likely to provs record hreeklag. Ualna have fallen In tha corn belt weal of the Mlaataalppl. hut very little i»i far I In thla atate. where It was clear yesterday I and la agalu li.hiv. We do not see any prospect of nmkliig money on abort aid* of corn at prvaent, and would buy It on weak apota. IN. S).; •• Wheat'Salug walf. _ Not'so tuucll re<l ruat, but pretty dry,” I'omnilaalon fiourea hare been eellere of wheat, probably long Itnea coming out. J Winnipeg wire*; ’■<Tear and warm day. llo|nirta from tbu country contluue I favorable.” A lot of corn haa lieen sold out on the ralna, but lieller# this excellent pine# to I hV*.. tFFInota la going to have a poor crop. A little of theleog oata war* dTnmped on the opening drellne. The northwest worn buyers. The weakness In corn and oete '■^^'“‘iSifta^^kaut the winter whoat I*alt nro haring no difficulty In Mipnlyinc currant and often fnturo naoda at tliolr own milt doora. Forrign boyars arc thua far drilbrrau In their pur^haaM. WHEAT OPENED T Minneapolis Lower on tha Curb aud Cables Were Weaker. •- ' STARTS MARKET WEAK RANGE OF THE COTTON MARKET iiiiiitmi’ inni mi' iiiiriiiwrui mt|i win pot make good Ita early promlae of exceeding the production of any former year. Private Wire to Ware k Lelniul. Chicago, July *>.—Long wheat coming out through rommltalon hnuae*. Do nut seem to he any atopa at 75 and few buying or- [dcre there. - Condltlena favor lower markets foe corn, wheat and neta. Corn was sold generally by commission houeea on larger receipt*, rains over Bun- day and weakness In wheat, flhorta covering ou the breah. Thero haa been ronatderahle liquidation In acts May have email rallle,, but lie- llev# they cen he bought lower down with eierclee of patience. FLOURMARKET IS VERY QUIET The local Aoor situation la very quiet at present, as dealer* are eomewhat sur prised to see wheat reach Ita preaent basts; , fearing t further decline, they have nccuninlnterl any heavy stocks. How ever. advices from reliable source* In the Welt statu that farmers a|> storing wheat, and large dealers are buying smT atorlug Tn the elevator* The reports from the wcet Indicate that tbs crop la the heaviest AT NEW YORK. effle, Baltimore and Ohio and Smelting The fplhwlng I* the range la cotton -4; Amalgamated and St. Paul opened futurea In New Vork tedwt _ . 1-4 lower and Brooklyn Rapid TmnniL 0 ulcb . ra>w.slle Clnea. ClM*. Union Pacific and National Lead ahad- j„|, ,.X5 ,.to ed 1-8. . Aug..6.66 Tho traders were favorably Imiwesa- Bon . ,A ed by the perolatent energy of the bull Oct . forces. The traders were Inclined to f-"v take profit*, however, before the end of | ju M io n id Si 10— B en ..... ..... id. eh ..10.43 10.49 10.43 10.43 10/ Closed steady. the hour, but the market shaded very slightly for the beat figures. The rise In Amalgamated Copper and continued references to the strong strategic posi tion of the Industrial* caused new ad herents to com* Into the bull ranks. At the end of the first hour, following the early fractional Improvement In many stocks, the feature of the regu larly active list was Reading at a net gain of nearly 2 points. Government bondi unchanged. Oth er bonds firm. LONDON STOCK MARKET. Use ..10.33 10.34 10.57 TAB 10.83-13 10.H i. - „ jo.g7g* Id.| 10.46-47 AT NEW ORLEAN8. very finest. Tha Daw parlor to any that haa mmaswim Atlam July The following Is the rang* In cotton Jolitrers her* « reputation fjtilh'ioc*ily i futures in New Orleans todey: • In weet for their high standards Iasi Previous 'l"«lll/ of dour, aud the very (test go Open. Utah. Low- Hele. Close. fJIuse. mfile<f In tbs United Htstca min .be ..lfl.40 10.60 10.40 10.60 10.60 10.61-66 chased on thla market. Thle Is also ug ..10.44 10.44 10.43 10.43 10.41-43 1 0.43 44 «» to mill feed, hay and. grain. — Owing to ths scarcity of the weetera hay net "io!i* io.33 ii!ii ia'so io! firo !!io!3o ids id!so io!i* io!i Jan ..10.50 10.31 10.50 10.51 10/ Keh 10J Mfh ..10.59 10.39 10.39 10.19 >10/ Closed barely steady. to tha iron, ere will l The price of firm. very TIPS PLASHED From Wall Street Anaconda.. Atchison.. Cansdlsn Pacific.. . . ..... ••Me,. Mil. and 8t. Paul.... Brie .. .. do, preferred Illinois Central. Louisville and Nashville New York Central. . Northern Pacific.. .. Pennsylvania Boqtlleni’Ps’efOc."..". Union Pacific United States Bteel.. do, preferred. ■ „ I coursglng, and the absence of disturbing foreign newt Is grn “ ’ " " " ' I rnent. This week li expected that the igt sn extension of believing thnt the money uurket Is grad ually Improving, sud prominent Inveslmen; Instltullons. freely express the opinion thnt | Ibe stagnation In ths bond market will soon ' lie dispelled by market Is well I good stocks.” brace the opportunity to buy - ” I S eed* from predhnt il they look like t **• / The market seems to he holding well, but looks s little as If the sellers sod buy era of ten days ago were reversed. I think I buying. i should have * reaction. Bavnunnb 5e, 1909 10l< Macon 6i 1910.. 166 Atlanta. 6a, ML 109 Atlantn, ti4», 1»?3 Atlanta 4*. 1M4... — .... }« Atlanta and West I-o nt.—..... “ Atlanta nnd West I’olst Debts. . K. of Georgia drat Income.... do. second Income do. third Incom..* Augiistn and fi'arnn'ntb 1 I outhwenlern, 1 Georgia Pacific lets........ and A. 1st.. STOCKS REVIEWED Private Wire to War* A Leland. iSMMiadon Irregular. , Imnma members will meet proliqbly In Finland. Inaursnee comps idea low 3192._939.06T In the Frisco earthquake, of which foreign com panies sustained a lose of 357.701,3*5. Steel fall order* for nearby delivery an ao heavy that Carnegie company In refuting them. Bernard Baker esye foreign po Icy-boldere .. 113 100 shares over the previous wi Nineteen clearing house hanks report* lees than the legal raaerve of 35 per cenL . For the flret time elnc* February, thre I bank deposit* exceed loan*. BY NEW YORK SUN Li 1lr r5idVjwrenTb. P K B .n£. , '5h5l! , t ffiidi under 3» SsS*"?* of er Imiusplelou* clrcmnelsuce* on account of ‘‘"“cs*™"- . no the dleaolutlon of the Hneslnn doom* by I .A*’*”* 1 ' P** g,n ** r 00 r#c the caar .and the death of Hnaaell Mage, or "■ — , . v ¥ork N ._ ti,e*n ^**^U C B^*TO*riafV whtak! ^^"ff'tfi^kret'pSStlaWnt/rOtm on in* l-arli .bourse, deellm-d .6 polutajrom | m rT,fI';. ,fi LifJi7* t .^re.2m DT fuS!^Sd. the cIom of tbe pracodlnif m-eek. AmericanB I /Jllnoto CwTral to rrtalfi Ita abar«Hl tha fnte of oth^r a^urltloa on Ibe | Igoudon market, Ixrluif depreiaod to tbo ex tant ojf from one to two points In all the ftepteuiber. .. •• October. foremlier V^mlter.. . . . Cloned fteady. Hales 309 Autciat «*t #H. CONTRACTOR DIES AT ANDERSON, S. C. Special to The Georgian. Andemon, 8. C„ July ID —TVomea A. Archer a leading bunlnees man, died here at 13:« thla afternoon, after an iUnera of only a few day*. Ho w&a year* old and leave* a large family. He wo* the eenlor member of the firm df Archer A Acker, tinner* and contractor*. ■* K. ALABAMA *T. GIBERT & CLAY STOCKS. BONOJ COTTON. O It AIN. COFFEC. PROVIBION* HCHBCfi6l ns Cotton Ki-tisngs.J; ATLANTA. OA. i Beard of Trade. v'r York Stock Bxchsn*»|Ncw Or'-sns WUs AssoctaHo* ^ fe c c vi™ Eisaste sas fes. Private W Irostool 1 Exchs ^ FAQAN> Manager. Local and Lena Distance Telephone 5291. leading active Issue*. Notwithstanding this, however, our market opened strong on Monday and gained strength aa the day advanced, being apparently Indifferent lo the bnppenlnga abroad, while the death of Mr. Sage, long anticipated, had no a clalde effect on the course of price* buying movement in stocks which has been quietly conducted for some time imat. Iie- enme more nggresslve toward the ndddle of tbe week. Twin* particularly manlfeeted III Southern Pacific, Union Pacific nnd SI. Panl, Wi;b the Copper mocks also promi nent and United Hiate* Steel laeoes Jump ing Into tbe drat poeltlon lioth ea regards strength and activity toward the etui or the week. The Improvemeat In Americans was followed by n substantial recovery In the markets abroad. In which Busslan secur ities participated to n very aatlsfectofy extent ne soon ea It became evident that a revolution waa not Imminent and that the itopulac* of the empire did not regard the dissolution of the douma as proof that reactionary and repreaatvr policies were to prevail. —Gtbert k Clay. THE LIVE 8TOCK MARKET,. B fb(rS5i* ifiTSH^Hogi—Ksilmsted omRily fair; fiT^WhS ft? CtS: estimated for tomorrow 11.060; light 9M5«6.nM.; mixed H.»rei.70. brevy 969^25; plga I6.6HB6.60: yorkera 96.6696.70; good to eholce heavy 96-6006. Cattle—Receipts M,i Twelve ladnstriela advanced .I0_per cent. Twenty tctlve rails advanced .94 per cent. Sheep—Betl mated receipts 20.000. Market slow sod level j steady; auaUty *a|yj na- tlve 92.300626: wester* p.jupt.K: year- Iluta 15.4006.60: lamb* »}r7|7J0; * 966007-40. weetera THE SUGAR MARKET. iy Private Leased Wire. New Torfc. July 30 -local refined enfi raw sugar steady sad nm-hangsd. Icind-a le-et markets quiet; July and August la (fed. The population of Germany, according to tbe 1906 census, Is announced hir the Im perial authorities to be 60.605,133. Met Consul General Blsdorf. who transmits the report, ear* that the Population has In creased 7.63 per cent slue# 1816, and that there are now U2.1 persona for every square kilometer. Justice Darling, an English Judge, suggested fn the course of an automo bile case recently that the speed Indi cators of autos might well be marked "Fine," -Imprisonment,” ''Manslaugh ter,” “Murder.” The decreaee In the number of hogs slaughtered In Oermeny last year was ao considerable that the heavy Imports of cured pork products from Holland, Austria and the United States were not sufficient to maintain a good supply. THE FIR8T AIR BRAKE. From Burrs**. The corn and oata mnrknt Is vary strong. Atlanta Is now handling a new product I watt—alfalfa hay. Bo much * , . Illcn of this artlrlo as o food ... Mock that la unrirclh"! that many pvoplv ars quite fninlltar with IL , MUTUAL. I’araoue who should here known hotter I Prrfra the Mllwmikec Hcntlnel. thought Wrstlnghouee visionary when they 'T on not qulto satisfied with yanr ref were told that he proposed to stop a tnla I ereness," sold tho lady of tho bouse to tho by sir. | aeok^aigjying for work. f 7, . , „ | "Nnvlhor urn 1, uium; but tboy'n Nobody seemed Inclined tn tat him try bis best 1 could get. 1 ' plan on a reel train, but they did not oh-1 ■ - Jrct to hla working a modal of It In n simp Ol TO BE INCURABLl'. where he could do no harm or Inrolto From tho I'hltailniphln Press, anybody alao In expenaa. L„' r ,o', lmTlDI B0 II* knaw hla aehsm* would work, bat W jRcu m f.Y»u wouldn'»? he could not make any one ala* heller* It. I Ycrner—No; they say poverty Is the only Ho be continued to sell ble Invention fur I auro cur* for guilt, replacing derailed care on tbe tracke aud — —■ brake to nny rullruoil to listen. er etopped a train . youral” they would | No; h* couldn't say I hit h* had done so. Notmdy would let him try It, even ou n train of dump cars. One day ho arrived In I'ittshuri hla other Invention and talk! At the Close All Options Showed Sharp De clines. By Prints Lasted Wire. Chicago, July >0.—Wheat atneks con tinue to (>■!• up In Oil positions, the visible supply Increasing 3,400,000 bushels for the week nnd putting the total to >1,191,000 bushels, compared with IS,164*000 bushels a year n«o. hong wheat waa aoUl on thin, coupim! with the bearish condition* in Hen^rai, and wheat at ruck ih© loweet level «in'r« 1002. The cloe eshowed 1<of 7-*^ 1 S-lc for the day. A Philadelphia exporting concern wired thnt union the public came Into the market 70c wheat would be aeon. A dlupatch from Minneapolis eaye: "New wheat will be delivered to flour !• "> til" S«- nt!im n Mlnnrfi.ita the laet half of thle week." There woe naught on which to buy wheat. Primary receipts of wheat were I,* 178,000 buihelfl and corn 464,000 bunh- ©1*, compared with 1.647.000 and 467,000, rupee lively, a year ago. Clearance* were 646,000 bu«he!e of wheat 46,000 bushel* of corn and 10,000 buahele of oate. Corn closed Arm and l-403-8o hlgh- Oate off, l-!08*lc and hog pro duct* were 7 1*2 0300 lower. At Chicago 200,000 wheat, 160.000 corn and 200.000 buahele oatx, canh, were traded In. • CHICAGO GRAIN MARKET. Op.Ml WHEAT- Jnly 7<H kept IfH Tl% con*v- JuTy SOU kept.... 60& n£..... «r? JoTy 83 tot.... S2H D«*e...... S3 rente- July... 18.26 tot.re 17.00 'in.... 14.20 LARD- Jaly... 8.82 Vi H«pt <. 8.10 Oct.,., 8.tt SIDES— July... 9.<W Bept... 0.10 (let I.KH CAHII WIIEAT— 2 r«l 74%erT6H: Nn. 3 do 73H074V4: hard winter 7SSW74; No. 3 do 72'^V J north#™ ■J»rliif 7hfl79: No. 2 do fH; No. 8 do 75?/77. fSS High. Low. , Close. CIom! P 78% 74% 74% tKJ n 77% 78% is 60 61 $0% M &o% 48 47V* 47% 47% 2 32’A 33 33% 32 31% 31% 33S 2244 33% XVi 1.28 18.28 18 26 IS 46 f.m jti % H 96 17.02% 1.26 14.12H 14.20 14.35 LIB 8-62% n «6 8 77% 1.89 1.70 8.72% 8 *2% I.87H 8.77% 8.77% 8.90 i 00 8.97% 9.00 9 07% SO 8.96 9.08 9 16 92H 8.10 8.86 M.M Hlr Thomae Linton has bad model* made ■burg, aelllng I of the thrro HhatnrtMrke. which he will ag about hla preaent to the New York Yacht Cltsb at ected with * IjfblTS T ^ Th€f ttrt now b#,nf tx * railroad out there. "Thttt’a a great lata or yonra,” « ■ man; *'we will try.lt on our line." Wagner, a German tnualral eorepoaer. Ho the official of thla railroad permitted | built nle tomb In bli prden, no that If* PRIMARY MOVEMENT. one of their train*. Ho had to agree Indemnify the road for any damage that might he eaueed to tha train aa the retail Ths* into mf squlppefi. On ths firelf-1 B Jj2j2 , , ,0 .7 , 3L i r. , 172 rore* "" Pr "”* rT natwl day the confident Inventor ana a I ^ iroup ©f ikeptleal railroad men Itoerded L J,?*?,„Lijjj? foot vJar^Sfit [h, fra!n on Aik the ir.l ,1, br.kc. wer. | Off wsat Ih* train oil Ita Initial trip. Ths aglnssr pnt os full answl, nnd Just nt ha ad rofinded a curve hu saw ahead, it t .rafie rnisslng, and In tbe middle * track, i Inerted wagon, a man and - — v *h#*nr' ,... —.ay 360,0. | btiabela lent year. -Reeelpti and a balky-boro© little lever* and the flrjrt lever stopped air “m* still aevera! fer A rurn-nsrefpts today 474,600 huaheta, anal tut 666,000 tmaheta hat yser; shljunenls tofioy, 667,000 bushsla, igalnat 503,000 buahsla last ysir. Wheat - Corn ,, Data ., Iloga ,. LIVERPOOL DRAIN MARKET. Wheat sasneil q b.n-.r; 1 30 p rn. q to % lower; closed q lo % lower. Core opened r„ lower; l:3u p.m. ifi lowsri closed 14 to H lower. NORTHWEST CAR*. Minneapolis ,, rrcuirsd up at a sian of ths ob* true Thus, an It* first trial, ths Wsstlngha air brake saved Ilfs, sad prevsnted atmi to property. Thenesforward fstklng ».... unnsesssary; *11 that had tn tie dune was to nitk* brake*. The Inventor thsnght of that clans* securing compensation to the railroad for any damage he might do to train, and he laughed. [Is fortune dated from that day. 11*1 United States In tint, waa 3137,491,727, > aa compared with 1101,619,146 In 1904. The product of 1006 was much the largest evsr recorded In the United] (Hates. Export* of copper to Germany, Holland and other countries continue | to Increase. ■ SOUTHERN EXCHANGE Oldest Established Office South. COTTON—STOCKS BONOS—CRAIN Ground Floor Ooutd Building. Dally market letter and market manual mailed on application. CENTRAL BANK & TRUST CORPORATION, CAPITAL $500,000.00 If you contemplate opening a new account, or changing your preaeat banking arrangement, and wtib to connect yourself with a strong, conserv ative bank, fully equipped to serve you. aa your business J ratifies, we Invite you to cull and talk tbe matter over with us. . As* 0. C*ndl*r, Preaidant. * H. Pattsraon, Vlea-PrealdsnL A. P. Colas, Cashier. 8. Owens, Vice-President. Wm. D. Ow.ns, Asst LOWRY NATIONAL BANK gardener In Korea has mad* a natural armchair by twisting a grow ing vln* Into tha required shape. Af ter the vine* hod grown large enough they were cut, the wood poltabed, and now the choir looks so If It were mad* of mahogany. It weighs 100 pounds. L. J. ANDERSON & CO Bankers and Brokers, COTTON. STOCKS, GRAIN Correspondesl’s Capital $250,000 RCFCRKNCC. THE NEAL BANK PHONE 1417. PRUDENTIAL. DLDC CAPITAL, SURPLUS AND PROFITS OVER ONE MILLION DOLLARS Foreign Exchange, Travelers’ Checks, Brown Brothers’ Letters of Credit available in all parts of the world. WARE A LELAND COTTON, GRAIN, PROVISIONS, STOCKS, BONDS, Baildimj, Atttati, Ct. f». 2 Will St., Stl MIMBtMS Hew Ytrk C#rt#« gew Orltett Cotfn lub$*ie. Llttfcoei Csffw tn9Vil.ee. Ft tilt Wirti t* htm Yitk, Mew Orient, Cblage. Cbkiee Betr4 of Tnie. C bit no Stock ttebaege. Mew York Colftt Itchaige. B. C COMMAH. Mincer. SlioSardPLom VTU. L. PEEL. Pmidnt ■ BOOT. r. MADDOX. TIbPml TIIOH. J. PEEPLES. Cashl-i JA8. G. LESTER. Ass t MADDOX-RUCKER BANKING CO. CAPITAL SURPLUS AND PROFITS ACCOUNTS INVITED $200,000.00 $500,000.00 \\. ii. • 'nil- uf i11<Iiv Mii.il-. i-uriKirations. hanks nnd hnnkont nnd ofTcr tho best terms consistent with conwn’ntivo hanking. In our Harlnipi I>p#rtnr*nt w# allow Interest at the Rate of 3 1-2 p«r