The Atlanta Georgian. (Atlanta, GA.) 1906-1907, August 04, 1906, Image 15

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HUM am IT THE NIG Heavy Selling By Outsiders and Bear Hammeriug Weakened Prices. A RALLY FOLLOWED Flood of Selling Orders Forced New Crop Op tions Dowu Later. rr i VI t« U»«*l "'Ire. Bf.' n york. Aujr. 4.—At the outset tile -lion market wn» eirlted, nml prl.es Mkenol miller severe hammer n* l.jr the ..,1 henry kelllng by ontsBcrs. A ... r jHilots followed the depresston nlly ef 5 pelnl .... jo eoterln. foreed the new i-rnn options i Jjjer , flood of selllliK orders. The Liverpool cotton exchasge elMed on account of n hnnk holiday. Xeclfcct of yesterday's decline li American markets In that center wjh ‘ - g flD influence on the course of price* Cummins, but. n» Imylm; or.h;ro «. r. wvlvml from Liverpool. It would seem sarilecttnc was considered too severe, end That prices were forced to a level sultl- ctenlly lee* to sppeur nttrnetlro ns nn In vestment to the English spinner nml spec- The Ksw York market opened eonsblern hit eselled, tmf ehnnKos wera small either »,V Hcntlment woo benrloh, nml elmniv after the opening prices began to sag. nm hv the time the seaslon wna an hour old ■ear low records for the present movement "ere made. A psrtlnT recovery was ntnde More the close, which wna unchanged In 6 points lower. Thili Price Is reported ns having Mann- need the loll* side for the time heln*. ,je |s also reported to hare liquidated heavily yesterday. ,, The weather, except In Oeorgln, North Cirollnn and Hoilth Carolina, Is deported fs- vorshle. 8P0T COTTON MARKET. Atlsntn. quiet at lOWe. Sew York, quiet at 10.70c. New Orlcane. quiet at 10Hc. Liverpool, holiday, i. Oalvnton, ateady it Ht. Memphis, quiet at lWjf. llonstain, qlllot at 10 ll-lfic. Baltimore, steady at 10%c. Norfolk, quiet at Ue. Philadelphia, sternly Ot 10.96c. Wilmington, nominal. THE WORLD'S VI8IBLE SUPPLY OF COTTON Secretary Hester, of the New Orleans cotton exchange, In his statement of the world's visible supply of cotton, shows that the visible supply of cotton ateereaaecl r.i.ra luiles during the post week, against a aleerease of 774® last year and n do- creese of W.1J0 the year before. The total visible Is against S.. S4.966 last week. 2.907.W last: year and MM.-I5 year laefore last. Of this, tlie to, til of Amertean cotton Is 1.1S.JKagainst 197.965 last week. l.ff?,*IJ last year, nml out with following: attractive t New I lrle:t li salve, anal whll Ttanees aaf any deterloruth . trade excellent, purehnaere.'* , . *. August I.—Buyers ore ng. gvesatre. and while the hulls are attempt- ln ? h* .SUPPeSt prices the general trailing public aloes not seem to have may faith In the long side. Cotton opens steady at in advance of I to S points. Trading waa fairly active. Both loaign Slid short, bought on the belief that the iIpcIIim* had Iiwhi too rapid. Bruiri bought August freely. Th«» cotton exchange hag rescinded It. eloslsf order Monday. All exchanges will J* open Monday except Liverpool and Lon- ■howg a moderate The weather map M amount of rain well distributed over the l ‘;l h 11 •!' n belt. T«'\US Is till. Following Is the statlstlcnl position of rot- ton on Friday. August 3. ns made by the New \°rk C ommercial Chronicle and wired to Ware & Lelaud This Toast ... ... Week. Week. \ Islblc supply... 2,243,969 2.330,631 American ....... 1.178.959 1.274.631 1,806.861 rrop In sight...10,821.917 10.746.25S 13.254.762 Kor week.. nm st tit tm im Last Year. 2.917.S6J weck.v *ort receipt!.... Ktocka . J Exports Int. receipts Int. shiDinents.. Int. storts 75.659 34.017 306.180 19,710 12.445 21.665 134.969 •7.949 30,638 231.078 23.667 an 2*.9"6 144.069 74.117 >7.vt;'. 4rt.1 vs • c'.K'l 53.166 142.195 Private Wire to Glbert A Clay. . New York. A— 4 heavy gelling Nonlen- »v ( o. and Liverpool are the prin cinnl buyers. the former covering, shorts. Nordeu bought'15,000 cotton so Tar. cotton «o Tar. COFFEE MARKET. Following Is the range nnd close of New York coffee market for today; Opening Range. 7.15-7.26 .7.25-745 Mnrch.. ., April May June July August September.. October.. .. .. , November.. .. December.. .. . Closed steady. 7.35-7.40 7.40-7.60 7.50-7.55 7.66-7.60 7.65 6.86-7.00 6.904.96 .7.00-7.06 .7.06-7.10 7.16 Hales, 76,000 bag*. Close. 7.10-7.15 7.90-7.3 7.30-7.35 7.16-7.40 7.46-740 7.60-7.66 7J5-7.60 6.864.90 6.854.90 6.904.96 YM-fM 7.06-7.10 HAMMER BRIGADE ENTERED MARKET erni says: tub reoiscovery of a roramonlf known fact stampeded the cotton market sent the price down for a net los of nlfout 30 points on the active option! and broke the deadlock apparently effectively. The croprtofni w^l. Everybody knew thnt. Whit they did not know wna that much of the Ion/ Interest In the fall posi tions held nt New York, nnd which had been doing service ns n sustaining Influ ence, had boon sold out before yesterday, knowledge of which brought the hammer brigade Into the game with old-time seal. I he bureau crop condition figure Indicating only fractional depreciation during July Is convincing evidence, |f such were needed, of an excellence In yield prospects thnt Is not often excelled, though It by no means proves up glut In raw cotton supplies for laViu.uuu, sgninsi Inst week. 1,102, IOO Isst year and 835,000 year befo.% lost. The total world’s visible supply of cot ton ns above shows n decrees?* compared with Inst week of 139.664. a decrease com pared with Inst year of 662,li0, and n de crease compared with year before last of 11 shove, there Is now aflon. ... Great Britain nnd. continental Europo 1. lS.im, against 1,576.000 last year and 863.- 000 year before last; In Egypt 43,000, igalnst 73,000 last year and iB.000 year before lastf In India 725,000, against 7*,0W last year and <401,000 year nefore S^.ono last year and 156,000 year frfofo lut. GIBERT & CLAV 8 DAILY COTTON LETTER. New Orleans, Aug. 4.—The absence from abroad owing to the Itank holl fuller range of market prices. It will be Interesting to note wlmf construction the English trade will put upon yesterday’s intern meat figures, nnd whether or not the — "111 be "beer* «-•■! "i< of options next Tuesday morning. open- . pnpHniDi. mover such drastic shrinkage In values expect that the pendulum of must swing lmckwnrd be fore the market's true equilibrium baa been reached. To ns. the situation as U now stsuds. seems to reflect the full pursuit •f these expectations, not so mneb. In so fir ns the roveriug of shorts Is concerned, but also in the rejuvenation of a long In terest. If even the most conservative hopes of nn advance are realised, then there can be no professed surprise; bat. on the other band, a failure or expected results can only bring al>out thorough liquidation, nml at the same time Inspire tho more natural tendency of the trade to aggressive action. TODAY'S PORT RECEIPT8. Tie following table shows receipts at the ports today, compared with the asms day uut year: Mobile. . . Savannah. . I'hiricHton. Wilmington.’.* .* .* ....... ........ ^ INTERIOR MOVEMENT* The following table shows receipts st the Interior towns today, compared with the »»®e day last year: Memphis. ....... ft- I/»ul*. nsdnnatl T TURPENTINE firm THROUGH THE WEEK *P--1,I to Tho (Jsorsian. har.nn.ii, o... An*. 4,-Th. .jilrlt. tnr- 5*»tln. mark.! I>.*an th« w»k nnn «t Cr JM .low* arm nt 57H-- •»» SIootUT thf J**Jk.t •ntffml a Iom nf Hr, but rrnlimt it the following day. Once or twice later ■ decline seemed Imminent, but h forward In time, proves up giui in raw cotton supplies for another year. However, the mills have Httlo to fear. The speculative outlook meanwhile has changed Immensely. A sharp OVER-STAYED MARKET Landed with Long Stock Which Was Thrown by Bull Leaders. By Trivate leased Wire. * New York, Aug. 4.—The reaction of yes terday afternoon continued through the two hours' session today, and led to general nn* quite substantial losses st the close. Lon don was closed on account of bank holiday, bnt the disquieting news from Russia had some slight Influence on the local move ment. Tho bank statement showed a crease of 64.464.000 In surplus reserve. In reality, however, the market was gov erned chiefly by the feeling thnt Its own position called for some further set-back: l’rlces open***! down ijultc sharply, flue- tnated for the next hour, nnd toward the close fell again the lowest of the day. There was no great rush to sell, but buy ers feeling thnt a reaction was due were evidently taking their time In picking np storks again. The loan Increase of 618.700,- 000 and the comparatively trifling cash loss were of course nt lnrlnnrc «|tii \osterday's forecast, but the state hnnk complications might explain this discrepancy. A sharp rise In sterling was another Incident of the day. The atock market showed general declines nt the opening, extending to % In Brooklyn Itnpld Transit nnd Amalgamated Copper. Baltimore and Ohio, St. Taul, Southern I’a- rifle. New York Central, and Eric wore <>(T * and Heading declined \ In all. Cuion l’«- fle nnd United States Steel preferred de clined %. Boom traders said that they medicine this nmrnlng At c ording i<< their own story, they followed the upward move- wlint were regarded ns Lull lenders earlier In the week. After the first few minutes the market became quiet and daring the greater part of tlie first hoar business wns Other bonds ATLANTA MARKETS. FRUITS AND PRODUCE. Officially corrected by Atlanta Fruit aot Lemons, )4.7 Ml*. Limes 50 to ?5c. Peaches, per crate, 50c to 61.00. decline was needed nnd a further decline now will probably create a short Interest urge enough to give s«-st and real fnno to the market inter on. But professionals, rather than the public, are yet the mar ket's dependence, therefore continuous na tivity may not be anticipated with full assurance nt this stage of tho game. The vltlhle aupply statement met bullish ex ns.—wr - * ‘ ’ pectntlona.- Lelnnd. New York. Aug. 4.—The 8nn says: A shnrp fall occurred which wos not nt nil aarprts- Ing, In view of the fact thnt, according to the government report, the deterioration In the crop wlthlji a month has !>een less than H of 1 per cent. The condition was stated at 82.9. against 83.3 Inst month. 74.9 last “ “ In 1901, and a ten-year average at ^ Inst 313 lost month. 74.9 but »r, 91.6 In 1904, - s date of 82.4. The ret>ort wns followed by heavy selling, ~hlch the lending bull Interests are sup- rl to have participated. At any rate, in was thrown on the market In consid erable blocks nnd prices declined rapidly. Bears hammered and uncovered stop-loss though toward the close cover- Opinion In the trade i lies. and over. Further rains were re- WEEKLY CHRONICLE’S REPORT ON WEATHER New York. Ang. 4.—Onr telegraphic nd- Tices from the South this evening denote that rain has fallen in most localities the past week, and thnt in portions of Texas and In some sections elsewhere the precip itation has been rather heavy. Shedding nnd boll weevil are complained of In Texas sml dry weather Is claimed to lut needed. New cotton Is moving with some freedom In Texas. WARE & LELAND'S DAILY COTTON LETTER N.w York, An*. 4.—Th- ll.iulilntlon Hint iiI.tM »> Important * |«rt In tli« Bfx.r. Iirwik of jMt.nln/ w«, .*aln In .rMonr. iJan’Vrnik."” A* for atif hnjin*”of'» kind tot would b. likely t? shan*. the *»n change ot crop news snd known disaster tit * ““ growing pUnt_Jo J^g^ a howtos change of senf ~ fHWPsentiment. .The price Is not^H Vtl^t hoyip* («• '"I”'”-”'“ tSil«y 0 ^aV H |'*.n tnk.n l>y ahoria, ana » ,lar*“ quantity wtB. therefore, h* for inle on the first gofwl rally. In a word, rallies Shoot nil the trade look, fof at th. present time. tone yesterday even st the advance, was KHC.« ,h fh" f tnw m *SLi*L% fis’SSi! On neeitunt Of Ihe eomiition Int h.WJJJ* •a th. rwult nf id" w (•lightly rot down. The solpmenfs were ll.hter than Md owln* to /h-s dwwo^d sailings, and the stock Increased more than " itostn opened snd elosed the week with sysiss TSi'.^fraBd. prtSi. in t£ mark.t .nd th. hlddln, «eh day la spirited. y , ** t ALABAMA AT. GIBERT A CLAY STOCKS. BOMDi, COTTON. CRAIN, coerce, provision* ATLANTA. OA. {Zr T X *tw Tork Stock Kxchspgelgsw Ortw--- rhlin?f . urerpooi WWW Assonstion Tor! Coffee &3SRI&; 8SSS K ^ E * CbnD ^ W. R. FAGAN, Msnsnsrb rinenppJcs. 6L60 to 6169. Bananas, straights, u— ltu"ch 61.M ts 61.75. Culls, per bunen, 61 to 41.25. “ “ 7»00 Watormelqs*. 67.60 to 620.00 per 100; dc. POULTBY AND COUNTRY PBODUCB.- Llve hens 35 to 37l&r: fries 22^ to 25c: broilers 16 to 22Hc. Live ducks, Pekin 30 to 85c; puddle 26 to 27V4*’- Dressed hens, per lb., 12c to 13c. . . forred (Tenoral Electric Illinois Central American Ice Securities Louisville nnd Nashville Mexican Ccntrhl Missouri Pacific New York. Ontario ami Western I44'il 145 1 44*i "•'7 National L< Norther New York Central.. Norfolk nnd W ns.vlvnnla 2I>. 2IH 93®, I 90\j '46% 4lr^|! I 144**1 14 11.. T' % m Im |m, »t 4 *«• ,,0H '«» *35t! 'S2! I'rapl*. JOSH lT.aa.il SI, , I I nr do. preferred..... Pacific Mall Bock Island 133 ! 13»'i St ^ “ sS preferred.. Sloss Sheffield Tennessee Coal and Iron Togas nnd Pacific Union Pacific United States Steel do, preferred Virginia-Carolina Chemical do, preferred., Western Union Wabash do, prefi-rred..... Wisconsin Central do, preferred........ Totnl stock today 180,100 shares. 91H! 9IH 91% .89 1 W\ RANGE OF THE COTTON MARKET AT NEW YORK. Tho following Js the range In cotlos futures la New York te-lart I^i«t r Open. High. Low S-lu Close. Aug. . 9.68 9.79 9.67 9.67 9.67-66 Kept . 9.64 9.84 9.80 9.31 9.80-81 Oclt. . 9.98 9.98 9.91 9.96 9.94-96 Nov. .10.01 10.01 9.98 9.96 9.97-99 Dec. .10.02 10.03 9.96 10.01 10.01-02 Jan. .10.06 13.09 10.03 10.07 10.07-06 Feb. .10.12 10.12 10.10 10.12 10.10-11 Mar. .10.19 10.20 10.15 1130 10.19-20 April lay. .10.29 10.29 10.27 10.27 10.29 30 Closed ateady. TIPS FLASHED From Wall Street Private Wire to .<;if*rt &, Clay. New York, Aug. 4.—Irregularity Is likely In the stock market today. There are a for Eggs, per dozen, 15 to 16c. Butter, table, per lb.. 20 to 22V6c; cook- , per lb., 12%c to 15c. Joney—New 8® 10c lb.; In 1-lb. racka 10 ^VEGRTABLES.—Irish potato. Old sweet potatoes, per bushel. 61 to 9L2J; now sweet potatoes 6L50 bushel, FLOUR, GRAIN. PROVISIONS, FLOUR— Postels Patent. 66.00; Diamond potent, 65.50; Mnsc.mtali .Htnr,_J4.G5] fnnt'y C ' tenti 64.65; Bed Ragle. 64.40; < Blue illbbon, 00: fancy, 63.W; spring wheat pntent, 65.25 Yo%.k! °roitN—4’holeo roil c»l*. : No whltA Jee white clipped, 62c; choice white, 60c; choice mixed, 48c; Texas rust proof, 60c. MEAL— Plain water ground, per bushel, bolted 140-lb. Jutes, per bnsheL ** a, white, 61.40: medium Sx.35; br Sln>rt I., 61-30; pure bran, 6L16; mixed bran, 61.10. HAT-Timor by. .h..icw large balua, 61.10: do, eboleo _ small bales, 6L06j a do. No. 1 Urnothy l«alea, 61: dV. No.’2, |l, ...... , clover mixed, 61-00; do. No. 2 closed mixed. ■object to ln*uiedlate *ccpptance. GROCERIES. Rt’GAB-Htnndnrd granolsted. 6539. New York Refined, 6H; plantations, 6H- Market very strong. COFFEE— Roasted Arbuekle’s 616.60, hulk. In bags or barrels, 13e; green, 10 to V. Market normal. BICE.—Carolina 44 to 74c, according to grade. Market very strong. CHEESE—Fancy full crcmn dairy, 144c; twins 1 *«•: I'll' W, 14f. Market strong. PIK)VISIONS—Supreme hams, 15c. Dove inms 164c. California bams 104c;.Red Cross isms, 15c. Dry salt extra ribs. 69.76; bellies. 04 lbs., 619.26: ( Qt backs, 8c; plntos. Set tapreme lard, 69.76; Bed cross, FT ' i Supreme lard, 69.76; Bed cross, p*. l mft compound, 74c; Bed Cross, 74c. SnoW M’CU LLOUGH BROS.' FRUIT AND PRODUCE LETTER Daring tbe lost ten days receipts of live poultry have Ihmmi greatly In excess of the demand s liVmand nml consumption: In fnrt, a com plete glut lias s ii’i * - 1 i-i nil. necessarily rousing s heavy shrinkage in vslueo. Receipts of dressnt poultry, with I the exception of turkeys, also In liberal ' with values Inclinedr ' . go Ion .. little If any change noticeable*In eggs tor several day*. Receipts nbont equal to J bolter. I CsIdKige sml Irish potatoes, and espe cially rahtMgc, slow sale, with the mar ket glutted. To the contrary, onions of tbe beat qual ity selling for l»etter prices. A strong demand continues to prevail on sweet pul store. Vegetable*, generally speaking, being furnished by th* local gardeners at low prices. Too many grapes arriving to be sold to s-hnntsge of ib* shipper. Bananas plentiful, with prices sufficient, ly low to authorize a general and liberal conanmprlnn. Pineapples scarce nn«I selling for high prices this. In the first place, Saturday lug np day. Second, tbe London exchange la elosed today and Monday. This will Induce conservatism. The outlook for the bnnk statement Is not good, which will Induce professional selling. Farther, tbe if goals n situation seems approaching s crisis. Not many traders will desire, after tho good • recovery, to carry stocks over Handily nnd the London Monday holiday In the face of It. Bencfluimfy operation* would not In* surprising, therefore, we would not neglect some profits on bulges todny. Marshall. Spader A Co.: "We shall con tinue to regard the market as tending up. bat prefer rniuiiiltineiita 111 the active lint entirely. The metal shares should toglcnl lr turn stronger after such destine or reac tion as may take jilsre toduy »»r Monday. There is also good ground for supporting preferred 'Steel slid Baltimore and (Hilo." Uptown sentiment: In view of the fort that the market has liecn advancing for nbont four weeks, with practically no re action, except that of yesterday afternoon, and In view of the expressions of unfa vorable bank statement, look for the mar ket to lie Irregular and reactionary today, and, perhaps, fnr the flrit day or two of next week, bnt they do not look for prices to go off more than 2 or 3 per coat AT NEW ORLEAN8. The following la tho range In cotton futures In Now Orlcaus today: I.nsi rrevlous Open. High. Low 8*1*. Close. Close. Aug. .10.18 10.24 10.18 10.23 10.26-27 10.(W Kept. .10.03 10.06 10.03 10.03 10.06-08 10.06-M Oct. . 9.96 9.94 9.834 9.94 9.93-94 Nor. . 9.96 9.15 9.15 9.96 9.94-96 Dec. . 9.96 9.96 9.90 9.9« 9.9647 Jnn. .10.00 10.03 9.98 10.08 10.02-03 Feh 10.07-09 io.oo-us Mar. .10.14 10.16 10.11 10.14 10.17-18 10.14-16 Closed steady. 9.9091 9.92- 93 9.93- 91 L ■■ . bled headway was In Him direction >< -*• id.i\ I'rom s discount of 4c under 4*lilmgo nt the opening on Thursday, there was a dlscouut of \r at the close last night. The western wheat men are anxiously awaiting the avalanche ot wheat that they bell* will coiue when the harvest l» over. C draiiring ting is rapidly, advancing north, ... rains having apparently delayed It a little. Estimates on the yield per acre will be given dose attention, nml will go far In fixing the trade estimate of the size of the spring crop Floor Crowd Became Dis couraged and Dumped Holdings Freely STOCKS REVIEWED BY NEW YORK SUN New York, Aug. L—Tbe 8uu suys: "After Irregular way during the flr#4 . then became nervous and Irverlsb. At times Individual stocks advanced sharply, but these spiismodlc niovemeiits hud no widespread invurslde effect, tending rath er to arreiituate tbe ebauge In the char- actor of the buying, which had become wholly preicsslnmil. This change was sc- «< <111 pun led by N coutrm tluu in ihe volume of business, hut ns sonu ns It became evi dent that speehil movements were availed ol for prout-taklug by Urge B|(cculattvr Interests. 11.creased ■■■■ queiice. Htop-ord* rdera HMHHpMIIII uncovered In number of stocks uu the decline In the Ust half hour. It was not contended that there wna anything In the baslnesa or ilnauclnl hnuge In the cheer- Chicago, Aug. 4.—The grain Ust was again Ipwsr, 1 1-8^1 5-8c for wheat, 3-8 05-8c for cortj and l-801-4c for oats. Hog products were 2 l-2Q5c off to 2 1-3 010c up. The pressure of wheat was too great and tho coarse grains followed its weakness in a manner around the bot tom prices reached. There, was good buying by scattored shorts, not only of wheat, but of corn nnd oafs, too. Whll# there whs doubtless considerable cash trade In wheat, corn and oats, all par ticulars were withheld. Primary recelp'n of wheat for the day 1,111,364 bushels and corn 379,- 000 bushels, agnlnst 912.000 nnd 642.000 bushels, respectively, a year ago. • ’I* ar.im ex 323.lino bushels wheat, 4 42,ono lmsIi.dM (<>rti and 325,000 bush els oats. sltimtlu utfmeut that bus ket for a couple nded the MMVWII... ks. bnt It wai thought uaturul thnt after a substantlnl rise iu prices a moderate reaction shunld occur. The hi »rage price of twenty CHICAGO GRAIN MARKET. Howell ut the highest level Ise of almut 3 point** from Monday's close, uhl.e conjured W1 throw weeks ago the rise was not far trout lo points. The I^iudon nmrkrt was heavy nnd largely of a holiday character, many Vt the brokers having gone ntvny to the country, its the atone exchange In the British capital will Im closed today end Mouduy.’’—41ll*ert & Clay. COTTON 8EED OIL MARKET. New York, Aug. 4.—The market for cot ton seed oil was somewhat weaker yes terday, but there wns r fair amount of activity, with quite n little oil changing s. There was also imuo selling <u •tuber. Pressure ou October was again __ jrldenee. Later deliveries were easier, with slightly lower prices, but near creases. Dun’s nnd Brndstreet’s reports on busi ness most favorable ami outlook cheerful. (Ill good breaks, believe Hleels, Norfolk, Chesapeake nnd Ohio. Atchison. Missouri Pacific. I^ulsvllle snd Nashville mid South ern railway will do to take on for turns. Boom traders will even up as usual over .Sunday. Dow-Jones’ summary: liveries lemnliied firm. The bidding gust wns very cautious, however, government report An- Tho dltlon of 83.9. with a loss of only 4 points for the mouth. Tilts eouflrtns opinions re gurdlug n steady situation, nnu Indl ntes that ihe decrease In the I’ast Is offset iy gains In the western growing seetbus. WHEAT- Kept.... Dec May.... CORN— Bept Open. High. Low. Clos< 73J4 794 494 474 314 pt 494 Dec 464 Mny 474 OATH— Iter. Stt . Bept.. 16.974 17.00 ' 16.95 19.974 Jan ....... 14.25 LARD- Bept... 8.85 Oct... 8.96 Jim... 8.224 HIDES— Kept.. 9.124 9.» 9.124 9.25 8.85 H.16 8.234 8.51 8.874 8.30 8.85 H.924 8.224 Jan.... 7.55 ’ASH WHEAT— No. J red 72**^173*41 No. 3 ret 2 hard winter 7140724’, No. 3 9.15 9 f*R 7.624 PRIMARY MOVEMENT. Isondnn stork ninrket closed until Tues day tlons point to poor bank statement, Russia n situation continues disturb'd vltli further mutinies. Republic Iron nml Steel director blast’ fnrnaces of the country hats sofd most of their entire |Miaslble production for the remainder of ths year. SOUTHERN EXCHANGE Oldest Established Office South. COTTOH—STOCKS BOHDS —GRAIN Ground Floor Gould Building. Dally market letter nnd market manual mailed on application. on the average. Private Wire to Ware A Lelsnd. New York, Aug. 4.—London dosed until Tuesday. An unfavorable Isiiik statement expected, •ml. along with time mo stiffening, creates l»esrish scqtlmeot, and declines earnings continue to show Id- L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Correspondent's- Capital $250,(100 REFERENCE, THE NEAL BANK PHONK HIT. PRUDENTIAL BLOC LcUtnd. Th** following figures sglve i movement of wheat nud corn: Wheat—Receipt* mday. WIU August.. ,. Beptember,. tletedier.. .. November.. Jiimmry.^H February.. , against 912.000 bushels last ■ iic-iiln tmlsr. ’T.'.'/I I bushel! 090 bushels Inst year. Gam-Receipts today, ■il ilnst M-. ' •! itiisliels In-*r iiients todoy 809.500 I 379.0 bushels lost ye NORTHWE8T CARS. The followintf figures giro tlio northwest tire today, last week nud last year: CHICAGO CAR LOTS. Wheat., ('orn.. Mats.. , Hogs.. Todnv.^ Tomorrow. HUBBARD BROS & CO. COTTON Atlanta Office., 219-221 Century Build Inn- Member. New York Cotton Exchange. New Or. leans Cotton Exchange, Liverpool Cottpn Asio elation, Chicago Board of Trade, New York Cor fee Exchange. New York Produce Exchange, nutineia solicited for the above exchange.. Direct wire aervlce. Corrcapondcnce Invited. Phones 454, Long Distance 3». A.S. Hustnrr Mvr. CENTRAL BANKS TRUST CORPORATION, CAPITAL $500,000.00 If you contemplate oponlng n now account, or changing jour present backing arrangement, and wish to connect yourself with a strong, conterr- athro bank, fully equipped to serve you as your business J ratifies, we Invite you to call nnd talk tho matter over with ue. Ass G. Candler, President. W, H. Pattorson, Vlca-Presidant, A. P. Colea, John 8. Owens, Vice-Preoident. Wm. D. Ov Coahitf eni, Asst. Cashier, filer. -MS ATLANTA NATIONAL BANK ATLANTA, OA. C. E. CUFtHIL.it, Pre ldent. A. E. THORNTON, Vlc,-Pr.,ld,nt H. T. INMAN, Vlea-Pra,ldant. CEO. R, DONOVAN, Cashier. JAMES 8. FLOYD, Asi't Caihler. Capital $500,000.00 Surplus and Undivided Profits $500,000.00 We Solicit Your Patronage. iAmnn market rsthrr wrek during the last week, with Inwar values prevailing. No oranges In the market. While s Iwttrr range of valuta prevails on praeb*s of thr hrst quality, but Httlo dlffrrenvr Rstsvim ni» ordinary sr<n*k. Tomatoes sesrro and soiling at advanced prior*. Ttrare Is s better demand for apples of good quality NEW YORK BANK STATEMENT. TW weekly state Rank AssiH'latlon rbangrs: rnt of thr Nr Private Wires to nU Exch*n?jj- tocsl and Long Distance Tslsphone 5298. Legsls. . . ImnsUs, . Circulation. Inereesr. Deere* re 6 64.7«9.»; . 18.776.9V> . 1JJ96.390 ........ Ntw OtltBHt. WARE A LELAND COTTON, GRAIN, PROVISIONS, STOCKS, BONDS, Ms. 3 Wall SI., rfaoMfi* Atlaala. Cs. Chlttgo BaarA at Trada. Haw Yark Catloa fid»»i». UIHBIKS: Hew Orient Catlan taebaaga. Naw fork Co'lae tithing*. ^ f,, /*l»sfs*K?*«8 5# # ffrwVsri, Haw Orlaaai. Chleaga. 8. C COTHHAH Mimiif. i.if Phn1262. Standard Ykaaa 2)6. Occidental Fruit and Produce Co. WHOLESALE FRUITS AND PRODUCE AND CENERAL COMMISSION MERCHANTS. HEADQUARTERS FOR BANANAS, PEACHES AND CANTALOUPES —— THE HUSTLERS —— J. M. COPELIN, Pre*. 2 N. BROAD ST. JOS. GENNTISON, M*r. ATLANTA, GEORGIA. Prank llawktnn. P, Third National Bank Capital Surplus $200,000.00. $300,000.00. Dr. A. W. Calhou Milton Dnrgan. John tV. Grunt. ‘ Y. McCord. DIRECTORS! Frank llnwklna. If. M. Atkinson. Joseph A. MeCord. David Woodward. MADD0X-RUCKER BANKING CO. CAPITAL SURPLUS AND PROFITS ACCOUNTS INVITED $200,000.00 6500,000.00 We Invite accounts of IndlvidoalH, corporation*, banks nnd bankers nnd offer the bent terms conuistcnt with conservative banking.