Newspaper Page Text
JOSEPH B. LIVELY
THE GEORGIAN’S RECORD OF MARKETS AND FINANCE
'J
Mur SHI
m THE GPK
Was Some Support Based
* on Further Rains in
Atlantic States.
ROOM SHORTS COVER
NEWS AXD GOSSIP
Of the Fleecy Staple.
lMvat* Wire in Gthert & Clay.
•Sen- tort. July *).—Urerpool at J p. m.
waa nnehanged to t lower. It wa> expected
to l-e unchanged.
The Journal of Cotameree aaya
week's traUlux lu dry goods ended with
cnnfld. nrr expressed on all (Idea aa to the
Immediate future of the liualueaa. The
tone underwent a rhauce for the better
from the time the doora were opened on
Monday, and returna from the nuills were
to moat merchanta, but the great volume of
the operatlona were of a healthy and satis-
factory character.” »
On Which Late Months Ad
vanced to Within a Point
of Saturday.
By Private Leaned Wlr^
.Yew York, July The cotton
market was fairly steady at the open
Inf. in view of the cables. There was
tome support lased on further rains
in the Atlantic states.
After the call late months advanced
to within a point of Saturday's Anal
on covering: by the room. Commission
trade was moderate.
SPOT COTTON MARKET.
New York—Quiet at
New Orleans—Quiet st lOftc; sales. 300
delivered; mi on* n ^
Liverpool—Quiet at f5j.
Augusta—Steady at lie.
St. Louis—Quiet at 10 16-16c.
Boston—Quiet at 10.90c.
Baltimore—Nominal at
Memphis—Quiet at 10fte.
Savnnnah—Quiet at 10 9-16c.
LIVERPOOL COTTON MARKET.
Urerpool, July 30, 12:15 p. ra.-Cotton,
ipot quiet, with price, enalor; middling
upland- (VI; .nice 6,000: American 3.100*
*”d export 600; rraSpta iOOOi
speculation
Amerlcnn coo.
Futures opened easier.
Opening
iSk.
August sept.
Sept.-Oct..
Oft.‘Xov. . . .
.Vov.-Dec
I'ec.-Jan
Jnn-Feh.. ...
Feb.-March. . .
March-April.. ..
'losed steady.
The following table Rhows receipts at thw
t -day, compared with the same day
1 lance. Close. CIoi
••Kit£ P.73 5.71 1.78
.6.74-5.73 5.73 5.73
.5.« 6.64-5.05 5.M
5.564.60 M0
6.5M.56 5.56
5.55 6.56
!;.6.'664.M 6.M iliis
. .6.67-5,68 5.57 5.68 6.68
...6.60-6.00 8.60-6.60 6.68
..tM.
.6.66
...6.66
TODAY’S PORT RECEIPTS.
W
I
INTERIOR MOVEMENT.
Houston .
Augusta
Memphis ,
6is“"
WARE A. LELAND'S
DAILY MARKET LETTER.
i»«t week's afinlaethlty In the COlH
trading today and after the opening ope HP
pons were practically suspended for a half
hour or an hour at a time. Every one ii
vetting for tho report on Friday of thia
•**k, nnd the occurrence of additional
tather too frequent to induce short seillni
at the moment, the market Itself soema to
pave renrhed a condition of stability where
to sell, in other
at Ion* hardly pay for the trouble involved
in buying or wiling. This condition of
rourse Is not likely to last long, and after
the monthly report Is out of the way some
activity Is certain to develop. There waa
a little too much rain in many aectlona.
and this led to some short covering. Cotton
•eemed to bo for sale on the advance, how-
that has led to a narrow market for some
weeka paat. lteporta on the program of the
crop show tho majority of sectiona to be
In unusually good shape for this season of
the year.
New York, July SO.—The stock market waa
■trong in the morning, with considerable
manipulation to facilitate realising, and
In the afternoon an attack being made on
Consolidated Qas, the Hat weakened a lit
tle nnd yielded owing to the combined in
Inrsce of elimination of shortage, realli
In# and ahort selling. The market will be
Placed ip a very good technical shape again
through n moderate race salon and we be-
J Heve stocks should be confldently bought
^ f two to three |M*int receaslc
two to three point recession from
op of today. The underlying factors
to be very good, nnd we think the
determined to ratae the
J*ffe latoreots — - —- -—
l^vei for distribution later. There are en
couraging sign* of an increasing outside
Interest and the broadening of the market
will no doubt do much to advertise it. We
continue conHervntlvely bullish, as outlined
In gossip today.
MONEY AND -EXCHANGE.
Br Private Leased Wire.
New York, July I0.-Moo«y
Sterling exchange 4.8204.95ft.
. COFFEE MARKET.
H I to I| Wire.
_New York. Jnlr tt-Fi
Ble Ift*.
N>w York, July 30.—Coffee firm; No. 7
Fifty years ago the Hamburg-Amarl*
fan Line was started with two steam-
Today the.sams company haa 157
® r ean fteaniern plying on fifty-five dlf-
f f rent routes to all parts of the world.
King Edward has taken to equestrian
exercise as a means of keeping his
weight down. Since the rabbit hole mis
hap, which lamed him. His Majesty has
been unable to take walking exercise.
New Orleans, July 10.-Liverpool 1 down Is
a shade disappointing. Was due unchangr *
Our traveling man wiree: "Crop clear
through Indian Terrltonr and Oklahoma
simply Immense. Little Rock to Memphis
rets of the cotton crop during the month
of July, The consensus of opinion points
to the following results:
L Distinct Improvement haa. been the
rule, though the Atlantic states complain
of excessive rnina and similar complaints
begin to come from the districts to the
westward,
2. The boll weevil and other peeta teem
to have done no appreciable harm so far.
*. Recent hesry mini bare retarded the
maturity of the plant and may cause a
serious change in conditions later on.
4. Farmers are troubled by scarcity of
labor In some sections, but the embarrass
ment on this sccount can hardly be said
to be greater than usual.
Private Wire to Ware A Leland.
New York: July 80.—Urerpool opened
quiet 1 down. At 11:15 p. m., unchanged
to 1 down, with the exception of July,
which Is 4 down and quiet. Sales 5,000.
Spots down at 6d. Due to come about
changed.
The New York cotton market opened
ilon trnde very small.
— ...y small. Look for quiet
and iteady market without any Important
changes.
- - -new tenders
Ireported are hardly a favorable feature. |
The Tlmes-Deinocrut's July conditions Is
extremely bearish. Weekly press reports
generally are also favorable, especially
those relating to Texas nnd Mississippi.
■ The weather map la favorable. Good
showers are reported la the Atlantic*, but
GIBERT A. CLAY'S
DAILY COTTON LETTER.
New Orleans, July 3d—Options In Uver-
MOO
tremely scarce, and denoted a featureless
market. .The only feature of intereat was
On
whole, their advices denoted a din-
Atlantic states excessive
plained of, which may retard mnturlty.
ret. no material damage has been done by
•roll weevil or other cilsp Insects, nnu
scarcity of labor has not been greater than
usual Hummed up. It was a most favora
ble
STOCK MARKET
OPENED HIGHER
Traders Favorably Impress
ed by Persistent En
ergy of Bulls.
RANGE OF NEW YORK STOCK MARKET
s
NOTES ON GRAIN
TOOK PROFITS LATER
But the Market Shaded
Very Slightly From the
Best Figures.
ble that a continuation of the present nar-
raring ,
■eem based on the belief that the report
may coutaln some surprising features fa
rorable to an advance.
WARE A LELAND’S
DAILY COFFEE LETTER
New York, July 39.—The coffee market
.pened firm, at an advar * '
ou a continued demand ... .
and Investment buying, the broadening of
which was promoted by cables from Eu*
, .. r . PI
rope explaining the advance there aa due
* * 1 ~~A
|to the covering of scared shorts snflH
K sslnr through tbo oonnte of the rnlorlxnl
m bill. Another factor In faror of prices
waa also furnished by the low temperatures
In several districts of San Fnulo, which
•erred to reinlud the trnde of damage to
result of cold w’ea tb-r during the late sum!
mer nnd early autumn In nrasll, and at the
opening there waa n large buying nioveniem
of the market several times during the
permanent advance as a result
crop slid decresses In the visible supply of
the world as a consequence of this railing
off In production.—Ware A Leland,
Opening
fuii
June...,
July
August,
AUgum.. .. fi
September. • •
October .
November., . .
December. .
Closed firm.
7.60-7.66
7.70
7.76
6.96-7.10
695-7.10
7,00-7.06
7.10-7.15
7.16-7.26
7.26
Role. 109,600 bugs.
7.40-7.46
7.46-7.66
7.66-7.60
7.60- 7.06
7.70-7.76
7.60- 7.16
7.06-7.10
7.06.7.10
I-S-i-B
7.16-7.90
7.9007.80
7.90-7. •
COTTON 8EED'OIL MARKET.
New York. Jnlr 90.-Th-r, bat Ilttl*
activity In the market for ration Mod oi
on Bsturdsy, o« Iiotial on tho la«t dor of
tho week, nnd the only feature waa a -Unlit
reduction In pries* Tbrouihout the week,
tb- market waa wrll-anatalned, with more
orer October, notwltbetand/ng that It haa
Jieon predicted ^that a^ larje amount of
new oJTean be had her, fdr’Sentember de
livery. Many, drelerasreof tbo opinion
that thin could lie done only to a limit
ed extent, howeror. and for this reason
there haa been little Interoat on the abort
aide, iloaplte the allnrlng difference In the
nrloe 1-etween the two month*. Loesl bnlla
and prominent refining Intereata were the
priiirliial bnyent laat week, and toward the
olhae had to take on quite a large amennt
of oil to abaorh offering* and hold the
market. Of late, no crude oil haa been
Texas points on the Iki«I« of 97c for An
gnat delivery. Stocks of oil ore rather
■mail, but In strong band* and there la a
fairly good spot demand.—Hare A te
la nd.
July
August.. ..
September.
October.
Corember. ,
Tecemher..
rioaol ateady.
galea 300 Aoghat at XU-
CONTRACTOR DIES
AT ANDERSON, S. C.
Special to The Georgian.
Andereon. 8. C., July 36.—T>om*» A.
Archer, a lending business man, died
her* at 19:45 thia afternoon, after an
inner* of only a few d«ra. Ho waa
year* old and leare* a large family.
He waa the eenlor member of the
firm of Archer & Acker, tinner* and
contractor*.
<B E. ALABAMA ST.
GIBERT & CLAY
ATLANTA. OA.
COFFCC. PltOVISIONS
HCMBCSSI
„l-*go Board of Trade.
J(MI>ool Cation Aaooclatloa
ialreeton Cotton Exchanz*
Prime
Local and Lena Dlttanee Talsphone 52S».
| R. FAGAN, Mananar.
By Prlrate fcased Wire.
New York, July to.—The market*
abroad wera again considerably unset
tled this morning a* a result of re
newed weakneas In Russian securities.
Russian bonds fell sharply on all the
European bournes, while In London the
dlecount on the new Iqpn touched again
almost the top qt a week ago. R did
not appear that then, was anything
the news of the day to explain thia
fresh disturbance; It aeemed to be oo
cottoned by Paris liquidating part
which it bought lost week to euataln
the market. AH the London depart
ments were more or lea* shaken by th*
Russian selling movement, but on what
were obviously supporting order* from
this aide, the American list was held
above our closing, parity of Saturday.
There waa accordingly very Ilttl*
check In the early hours of business
upon local operations for the rise.
Buying, went on heavily, pretty much
through the entire list, and In moat of
the leading Issues laat week's high
figure* wars exceeded.
In the stock market opening prices
In almost every case disclosed Im
provement over Saturday's'close. At
lantlc Coast Line and Great Northern
preferred gained a point; Sugar 3-4
Steol preferred 6-8 and Northern Pa
clfic, Baltimore and Ohio and Smeltlm
-4; Amalgamated.and St. Paul openet
.-4 lower and Brooklyn Rapid Transit,
Union Pacific and National Lead ahad
ed 1-8.
The traders were favorably Impress-
sd by the persistent energy of the boll
forces. The traders were Inclined to
take profits, however, before the end of
the hour, but the market shaded very
slightly for the best figures. The rise
In Amalgamated Copper and continued
references to the strong strategic post
tlon of the Industrials caused now ad
herents to come Into tho bull ranks.
At the end, of tho first hour, following
the early fractional Improvement It
many stocks, the feature of tho regu
larly active list was Reading at a net
gain of nearly 2 points. .
Government bonds unchanged,
er bonds firm.
Oth
LONDON 8TOCK MARKET.
STOCK—
Ansrands.
Atchlaon.. .. ...
Canadian rselflc.. . . ,
Chic., Mlf: and St. Paul
Erls.. .. .. .. .. „ ......
<lo, preferred
Illinois Central. ... .
Louisville and Nasbrill*..
New York Central. . . .
Northern Pselfle
Petinaylvsnls
h-edlng.. ..
Southern Pselfle
Union Pselfle.
Union I'»CIDC,, .4 t* sees
United Htnte* Steel
do. preferred.. .. *»•.. ■
l»IU. ABKP4I.
Georgia 4V4*. 1« }»
8 SVhVi»ft—::::::::::: m ^
*li5«.13d3..
Macon fa. 1910
Atlanta, 6f. 1ML
Atlanta. 4ft
Atlanta 4*.
Atlanta; 4 1
iojVi
Atlanta and Weat
Atlanta and Weat _
C. It. of ileorxla first
106 107
Point'Debts! io7 116
st Income 66
TSrd Ineom. 17 97
Qeorgla Pselfle lsjs 196 191
Co G sad A Ut.~ 119
STOCKS REVIEWED
BY NEW YORK SUN
New York, July 16.—The Snn soya: "Tbs
stock market opened laat week under rath
er Inauspletous circumstances on sccount of
on the Paris bourae, dedlned-6 .
the cloee of the preceding week. Americans
a hired the fate of other —rarities on the
London market, being depressed jo the ex-
tent of from one to two points in all tbo
leading motive laeuea. Notwithstanding this,
howerer, onr market opened strong —
U'lwner, »UI uia i*ei siiuug *ess
Monday and galutd ■trrngtb a*the day
advanced, being apparently Indifferent to
bnppenlngB abroad, while the death of
viable effect on the courae of prlrao.
‘Hiring movement in ttocka which haa been
infetiy
___ Into the flrat poeltloa both as regards
strength suit activity toward the end of the
week. The lmproremeat in Americans was
followed by a aotiatastla! recovery In the
markets abroad. In which Boaatan.aeraf-
ttlea participated to a very satisfactory
extent aa soon at It becamo evident that
the
ntlon of the dooms
that reactionary nnd repreoalve
liL” *
were to prevalL"—Olbert k Ctay.
proof
alleles
THE LIVE STOCK MARKET.
By Private Leased Wire.
Chicago. Jnlv Hogs-Estimated re
ceipt. 61.000. Market alow and 16c lower;
enemy fair: left over 4.162; hulk 94.400
tM: estimated for tomorrow U.OOO^JIght
plg«
II4604.76; good to
!666. Market eteady to
ml ~good ~prlm* 10^140; poor to
nuflltim U.T0f|5.fl6; ab
.... w iflduh and feeders
12.406440.
Hh^p-B^imatetl rerelpta 39.0001 Market
•low and barely steady; quality fair; na
tive IlSW.S; wratern year-
linn *5.40#4»;.50; ■■ laiaba Jl G'^yT.CO; western
Iwm
THE SUGAR MARKET.
if Private Leaned Wire.
New York. -Inly 90,—Lor*I reined and
.4w eager steady and ■■changed. Igondon
markets quiet; July and Aeguat
fiki
Atlantic Coast i-...r-,.,.........
.Muerfeau Sugar neflntng..... . . .
Anaconda
American Ix>comotlve...,
do, preferred;
American Sincltlug Ueflalng
do, preferred
Atchison s\
do, preferred
American Cotton OU
Baltimore and Ohio *
Brooklyn Rapid Transit
Canadian Pselfle
Chicago and Northwestern...
Chesapeake and Ohio
Colorado Fuel and Iron
Central Leather
do,- preferred
Chicago and Great Western
Chicago, Milwaukee and »t. Paul...
Delaware and Hudson
Distiller's Securities..
m3* mm
do, preferred
general Electric.
Illinois Central
American Ice Securities..
Louisville’ and Nashvtue......
.Mexican Central
Missouri Pactfle
New York, Ontario and Western
•>t’w M'l*. uuianu nnu
National Lead
Northern .Pacific..............
New York Central :
Norfolk and Western,..,.........
Pennsylvania ,
People's Gaa
Pressed Steel Car
Pacific Mall ...
Reading
Republic Steel......
ltock Island
S referred
fates Rubber
do,* preferred.,
Southern Pacific
Southern Railway
do, preferred..
uu,
RloseRheffleld
Tennessee. Cpai.jind ’iron‘7.7.7..7.77.7.’..77.!!!!!!!!!!!!
Texas njid Pacific
Union Pacific (
United 8tatea Steel ,
do, praferred
Virglnlt-CarOllna Chemical
do, preferred
Western Union .
Wabash
referred....
do, preferred..
Wisconsin Central *
do, preferred...
Total stock sales today fosjECO ihnrea.•
Pointers oo Provisions.
Private Wire to Glbert A Clay.
Chicago. July 39.—Lower cables i
over-run of w‘
ASS
In tbla .tat*, where ,
and la again unlay. We do not
proapeet of making money on short
of ram at preseiit. and would buy I
■eak .pot*
<Mir crop expert wire, from Cleveland,
N. I).: "Wheat doing wall. Nat (O uincli
red rnat, but pretty dry."
■■'ommla.lnu ImUM-a have been ecllrra of
wheat, probably long line, coming out.
. Winnipeg wlrt-o: ''Clonr nnd .warm -ti
H lmifpcg wire.: "Clear and .warm -ta-
day, Iteporia from tho eonntry contluue
favorable." .
A lot nf ram baa Imsn tobl out on the
knee. In corn and oat.
Herat
winter wheat belt are having no dlfflrnltr
In .npplylng current and often future need,
it their own mill door* Foreign buyer,
are thu. fir rirtlbent* In tbelr purr ha ae*
deaptte the certainty of their need of larg.
qunntttle. of American wheat. ItllfflCleUt
Indicate that the,nortbwe.t crop will not
S ake good Ita early promlM of .xcwdiug
. production of any former year.
i Wire to WaraTi
go, July 16.—Long
i ramml.ilon hou
L L.l"nd.
1’riv.t. Wlr.^to
throngh commlnton houiw* , llo ’not
lo be nay Hop. al 75 and ftw buying or-
era there.
Condition, favnr lawn market, for Mrs,
wheat and oat*
Corn waa raid generally by coramlulon
home, on larger receipt* rain, over Hun-
day and weakneea In wheat. Bhort. nr*
covering ou th. break.
Thera hn. been ron.lderahle liquidation
n oat* May have .mall rallle* but lie-
leva they can bo I-might lower down with
exercira of pntlence.
FLOUR’ MARKET
IS VERY QUIET
and, fearing
RANGE OF THE COTTON MARKET
AT NEW YORK.
York today: „ ,
La.t l'raylone
en. Hlah. Low. Bela Cloa* Cloae.
).« !.'16.98 1A94 10.97 16.93 10.19-93 10.86-30
an ..tail 10.18 10.31 lft98 10.37-38 10.044
ich !!w.y i6!H ioiii iaia 10.4940 10.4447
AT NEW ORLEANS.
at preaent, a.
* ' » wheat reach Ita present ,
if a further deellne, they have
■ cumulated any heavy Iti-ck* How
ever, advice, from reliable eoureea In tb*
eat state that farmers el 1 atorlag whet
nd large dtalera are buying anil etorl
j the elevator.. Tb* re|H-rtB from t-H
weat Indicate that tb. crop I. tba heavlret
known for yean, and tb* quality la of
the very lamb Tb* n*w flour received
a Allan
Tb. following I. th. rang. In cotton
future, in New Orleans, todays
Open. Hlah. I.nw-
July ..16.40 10.60
I Olora. Ulnae.
16.40 10.66 ia60 16.61-68
.10.44 10.44 111.43 10.43 10.41-43 10.-
I ate I* .uperlor to any that has
wen recelrad here for yrera. Atlanta
obhera bava a reputation both locally and
~ Ute weal for their high ataud.rd. of
' the V ’ -
quality of flour, nnd th. very ba.t gnml.
inllliHf In tin United mate, enn I- pur
chared on thia. market, Tbl. Is alio tr
<t,t ..16.11 10.23 tail 10.30 lo.SS in. 11
Nor ...... ..... ..... 10.H-M 10.91
lisa ..10.90 16l96 10.M 10.99 10.23-23 10.E
Ian ..16.36 10.11 10.»
>ich .‘.lo.io io.» io!» io'.si io!«
Clooed barely iteady.
TIPS FLASHED
From Wall Btreat.
Prlrate Wire to Glbert ft flay.
New York, July 30.-Danlcl Odell ft Co.
“Development, ever Hundny ere not dig
counglng, and the abeenen of dlitur
foreign new. I. gratifying to tho bull
ment. Thle week It f. expected thnt
Steel report will encourage an extension ol
market,
optlmt.tlc tenor.
believing that the money market I. grad!
nnlly Improving, nnd prominent Invc.tment
■jreltntlon.
In-tlll
freely exprere the opinion that
Im dl.pelled by lower money rate* Tha
martef (a well In hand, and In th* avant
of any general recerefon thia wrek we
ild embrace the opportunity to buy
—J atock*"
The mirkot may reced^e from prerent
bay look like
prlere, but nt prerent
pure hue on ell decline*
Th# market reerne to b. bolding welL
lint look. 1 little a. If the rellera and boy
ar* of ten day. ago were rereraad. I think
> should have 1 reaction.
buying.
Prirnta Wire to Wore ft Leland.
Dow-Jonea’ .nmmary:
American .took, laLpsdon Irregular,
Domna member, will meet probably In
Doutna
Finland.
rrirao^rerihqmil'ei'of "wbk5~fore|gnedm-
panic euetalned a lore of 667,791,9*.
heavy that Carnegl# company
Hsm. B ,‘^ r .rt*.r fh‘. n
commltt**.
000
I ovi* th* pftvloua wrak.
Nineteen clearing houre Imnkii rvported
‘•^bfr’dfrJSre^P^"'. doohW track
the read batwren tb* Kanes, wheat flalde
"pimnriafcondltlon of tba ranthweet con-
tlintic'pa.renfer trsral Urge.t on reo-
uicetric train* an New York, Naw H.7«
and Hertford between fitimfard an-1 New
Tort begin opera Iter Beptemlmr A
Kanw. Cltjr packer* advance price of
meat to th. hlgheet point In twenty year*
Illinois Central to retain Its lndeprad-
Twelve Indn.triala advanced .19 tmr cent.
Twenty active rail* advanced .9»pei
.per rant.
The nopnlafion of Oenneny, ncrardlng to
the 1966 ranine. It announced by the Im
perial anthoiitlee to b. Vice
Consul General Bladorf, who trannnlt. the
report, nn 'b* 1 *8. popaUnoa bag la-
•reared 7.6»- per rent rince UM. and that
there are now 112.1 perrana for every aqnare
kllometar.
THE FIR8T AIR BRAKE,
From Sucre...
P.rraoa who ahoold have known better
thought Weetlnghon.t vl.lonaty when they
wore told that he proponed lo .top a train
by air.
Nobody .eemed Inclined to let him try hie
plan on a real train, bat they did not ob
ject to his working a model of It In a tbop
where b* could do no harm or Involve
anybody da* In expen.e.
II* knew hi. jehtma would work, but
h* could not make any one eta* believe It.
Ho b. continued to Mil bl. Invention for
replacing derailed cars on tbo track, and
to talk about hi. brake to any rtf'
atlroa,
with 'tbl. alr'thlng 4Mf yon ref 1 ' tbay would
»k
h. couldn't aty tbit b* bad dons so.
y would lot film — “
train of di
try IL even on t
Hn of damp ran.
On* day h* arrived In Pittsburg, railing
J» other Inrentlon and talking about hi.
brak. notion to a man connected with a
■liroad
man; "w* wll
..... ... .. mr _...
Bo th* offlclal of tbl. railroad permitted
. - ekabaw on
ona of thdr train* 11* had to agraa lo
Ibdemnlfy tha road for any damaga that
might he caused to the train aa tha malt
of pis trial*
The train waa eqnlpped. On tha -Irrig
ated day the ranfldent Inventor and a
group of skeptical railroad mm boarded
th* train on whlcb tha flrat air brakes ware
Off' wmt tba train on Its Initial trip. Tba
engineer pat on fall .peed, .nd lust .. he
h.a rounded n carro bo saw ahead, at a
grad* croa.lng, and In lb* middle of th.
track, n loaded wagon, n man and n hoy,
• nd t 1-alky bone. Tb* engineer moved hi.
Ilttl. lever, and the flrat train that wa.
ever .tapped tor air pulled up at a stand
still rarer*! fret snqrt of tb. obatruc-
Ttin* 00 It. flrat triaL tb* Wratlngboura
air brake raved life, and prevented damaga
to property. Thenceforward talking was
nnnoraraary: *11 that had to b* don. we.
to make brake* The Inventor thought of
._ , western hay
:rop, we will »e* high price, tbl. raaran.
Tha price of .hurta advanced this week
“ ;-er tun, wbllo the bran market i. very
The corn and oat* market I. vary strong.
Atlanta la now hin-lllug a new product
from the .wrap, alfalfa hay, Ba hm mi
been written of tbl. article a. a food fat
•lock that Is unexcelled that many pwplv
ar* qulta familiar with IL
MUTUAL.
Prom tha Milwaukee Hcntln.l
1 nnt not qoite u^tl.fled urlft) your ref
6BH__„ .
erenep.," .eld tbo lady of tba bouse to tbo
cook applying for work.
mum; but they're the
-ok applying for \
"Naylher am I, 1
beat I could gal."
Ol TO BE INCURABLE.
Pram tb* Philadelphia I’rere.
Varner—I wouldn't mind baring an In-
Aacnm-Yoa wouldn't?
Yrrn#r—No; they toy poverty is th« only
■urn cure for goat.
8CORE ONE FO« THE POET.
I 1 * >111 till- I ’111! kI’-IjiIiIic rri’-w
root—Apparently you don't Ilk* my ton
Kdltor—No; I don't think moet>~
I'opt-Ah! ynu don't. That explains It.
WHEAT OPENED
I
Minneapolis Lower on tha
Curb nud Cublcs Were.
Weaker.
STARTS MARKET WEAK
At the Close All Options
Showed Sharp De
clines.
By Print* Lamed Wire.
Chicago, July 10.—Whent stock, con
tinue to pile up In all potlUnne. the
visible supply Increasing 2,406,000
bushals for the week nnd putting the
tots) to 21,181,000 bushel * compared
With 18,854,000 bughelo n year ago.
long wheat waa sold <>n this, coupled
with th. bcarl.h condition* in general,
and wheat struck the loweet level slnca
1008. The doe eehowed loe.rs of 7-8{e
8-lc for the day. A Philadelphia
exporting concern wired that unleae ,
the pubflo came into the market 70c :
wheat would he eeett.
A dlapatch from Minneapolis says:
“Naw wheat will bo delivered to flour
mllle In the Routhem Mlnneeota the
last half of this week.” j
There waa naught on which to buy
wheat.
Primary receipts of wheat were 9,« I
178,000 bushele and com 464,000 hush* 1
el*, compared with 1,647.000 and 467,006,
respectively, a year ago.
Clearances were 044,666 bushels nf
wheat 46,660 bushels of com and 10,000 1
bushele nf oati.
Com closed firm nnd 1-4778-80 hlgh-
'. Oata off, 1-808-80 and hog pro-
duett were 7 l-IAIOc lower.
■At Chicago 200,000 wheat, 160,004
com end- 200.060 bushels oats, cash,
ware traded In.
CHICAGO DRAIN MARKET.
Pr*v.
Low. Clo«*. Cioss. <
74}4
te tee e
...... Tttt
Open
WHEAT—h
July
Hojit
Dp*
■ CORN—
lr R
OAT*—
July..... S3
fiSpL.».e m
TtH
73ft 73ft
"IV -|L
7«ft
76
70ft
49ft 6A T 4
47ft
ss
I'6flK-
July... lf.S
Fspt.ra 17.00
rs
31%
82ft
Jau..M 14.20
LAftD—
July... 3.63ft
Hppt.. 3.80
Op\.,.. 8.85
HIDES—
:*k~ t*K
10.25
ar
19.25 14.25
16.96 10.96
14.13ft 14.2u
H V,
3.90
8.87ft
8.62ft
0.70
».77ft
July.., f.M f.Ofi
S*pt... 3.10 I.M
CAM!!
8.97ft
I .15
.80
Mrd wlntvr 7347174; Nrt. _
‘ “Ttthsrn sj-rliig 787179;
o. 8 do Ihlt77.
Mr Tho»«> IJnton hss had models mad*
of th* tbr** Hhamrorks. which li* will
pr*s*nt to the N*w York Yaclit club at
an early dat*. Tbsy are nuw being ex
hibited In London.
built 1
loutd
l*atb.
i*r, a German musical composer.
PRIMARY MOVEMENT.
Tb* following figure*, glra the primary
mov*m*nt of wncat and cornt
Whsat-Rfcslpti today 8.176,000 hush*la,
against 1,617.000 hnahria laat jeeri *hip.
^“ “lay 180.or«0 tmabris, against 745.O08
iat leer.
toda^ ^ 4^4,000 hnshel
m*nta to^apH
bushels last imi
Corn-R*c*mta
■■t 166,660 In
a.alnit i
irathela
: year) .hljtimenti
year.
l-ell
waa than ealy 27.
The value of copper produced In the
United Htates In 1106 was 8127,498,727,
aa compared with 2106,828,145 In 1904.
The product of 1906 waa much th*
largest ever recorded In th* United
Btates. Exports of copper to Germany,
Holland and other countries continue
to Increase.
Wheat
SS
lloga .
CHICAGO CAR LOTS.
Today. Ta
LIVERPOOL GRAIN MARKET.
Wheat opened % lower; 1:80 p.m. ft to %
lower; closed ft to ft lo
Corn oueneil ft lower;
closed ft to ft lower.
1:30 p.i
lower;
NORTHWEST CARSb
Minneapolis ,
Iniluth ... ,
Chicago ...
Today. Week.
'Last
Year.
CENTRAL BANKS TRUST CORPORATION,
CAPITAL $500,000.00
Justice Darling, an English Judge,
suggested In th* course of an automo
bile rare recently that th* apecd Indi
cator* of autos might wall be marked
•Fine,” ''Imprleonment,’’ "Man*laugh
“ "Murder."
Ur,"
The decree** In the number of hogs
gla-jghtered In Germany last year wag
to considerable- that th* heavy Imports
of cured pork product* from Holland,
Austria and tha Unltad States ware not
sufficient to malnUIn a good supply.
gardensr In Korea ha* made a
natural armchair by twisting a grow-
vln# Into the required shape. Af-
the tinea had grown larg* enough
they were cut, the wood polished, and
now th# chair look# as If it were made
mahogany. It weigh* 100 pound*
SOUTHERN EXCHANGE
Oldest Established Office Booth.
COTTON—STOCK—BOfiOS—GRAII
Ground Floor Gould Building. Dally
market letter and market manual
mailed on application.
L.J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, 6RAIN
Correspondent's Capital {250,000
sreestNCe. the ncal bank
PHONE I*IT. 1-nUOENTIAL BLOC
If you contemplate opening a new account, or changing your preeaot
banking arrangoment, and wlib to connect yourself with a strong, conaerr- I
atlve bank, fully equipped to aorve you as your business J ratifies, w* [
Invite you to call and talk tba matter over wUh ua.
Am O, Candler, President.
W. H. Patterson, Vice-President. A. P. Cole., Cashier.
John 8. Owana, Vlce-Pr*ild*nL Wm. D. Owtni, Asst. Cashier,
LOWRV 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.
• Mtw Orient.
cotton^gra;^, < hlov*isi6n?> i 1 svgcks? BONDS,
No. 2 Will St.. Peters Bo *,.g. Atfnto. Cs.
tew York Cotton luUoyt.
Nrw Orient Cettoo lubeeje.
liter tool Ceftoo itteelotlm, ■
MIMBIRS:
Chlctto low* of Trtie.
Cklcoeo Stork lukoage. L
New York Collee Itcbaje.
•I?.
i Float 2
WM. L* PEEL. Prasidsat.
ROBT. F. MADDOX. Vles-Praa.
MADD0X-RUCKER BANKING CO.
$200,000.00
$500,000.00
CAPITAL
SURPLUS AND PROFITS ! !
ACCOUNTS INVIfCO
We invite accounts of -individuals, corporations, banks
nnd bankers nnd offer tho best terms consistent with
conservative hanking.
i