The Atlanta Georgian. (Atlanta, GA.) 1906-1907, August 04, 1906, Image 15
THE ATLANTA GEORGIAN.
HATI’RliAY. AUGUST 4. !M8L
edited by
JOSEPH B. LIVELY
THE GEORGIAN’S RECORD OF MARKETS AND FINANCE
) tfr. Lively's ?S years’ #iperl*ne*
editing markets In Atlanta and
the South has made him a ree-
cjnlred authority In his specialty.
hrni hcitid
ii nuni
|Heavy Selling By Outsiders
au d Bear Hammering
Weakened Prices.
L HALLY FOLLOWED
I Flood of Selling' Orders
Forced New Crop Op
tions Down Later.
I B L^'v l *rk! /, Au«. *1.'-At'the outlet tlie
I JSSJiK'TmdW «?rere , taini , n»r°Sa: Jt tbi
I uiri and h«#vr selling by outsiders. A
I 28? of 5 uQlnts followed the depression
to fotVrtn*. utter whl.h the hear*
I #r£«t the new crop options down further
I JS£* flood* will ng* order,.
Liverpool rotton sxchange. wss
I on account of « tank holiday. hence
thTrffcct nf vestrrdny s decline In the
lerel •offl-
ss an In-
and spec-
wrknn market, In that renter wa. lark-
I i„, «, an Induenre on the niurne of |iriee»
I, morning, hnt. n» tiujln* order) were
I rrrrhrd from Uv-rpool, If would aeem
I Inr itecUne win eonnldered too never*, and
tut tirlren were forced to » lere
Ear low to npnenr nttrnetlre **
triumrnt to the EurIMi nplnner ««
I’me'Sew York market opened ronitrtrrn-
Mf netted, hut ehatige, were .mail either
•it Sentiment wnn lienrl.h. hnd nhortlr
after Ibe opening price# lietrnn to Mf. am)
hr the time the «e*»lon wnt nil hour old
Sw low rerord* for-the preoent movement
1 ».r» lunde. A partial recovery won mnde
More the r!o*e, which wn* unchanged
1 to S |Kilut» lower.
Thro 1-rlce In reported a* having nlm-
I ilonol the long ilde for the time Win*
I lie In nlno reported to hare liquidated
1 b The lr irtnt , hef ,5 eic*pt In Georgia. North
t'ornllnn and Houth Carolina, In J .ported fa-
| vortbls. •
SPOT COTTON MARKET.
Atlanta. quiet at JOlte.
Sew York, quiet at W.TOc.
Sew orlennn. quiet at 10%c.
Uverpool, holiday. ‘ ■
linlventon. nteady Kt lMiC.
Memphla. quiet at lOttc.
Honnton. quiet at ldiydc.
Ilnltlmore. nteady nt 10%c.
Sorfolk. quiet at die.
l-hllmlelpliln, nteady Ot 10.05c.
Wilmington, nomlnnl.
THE WORLD’S VISIBLE
SUPPLY OF COTTON
Secretary Heater, of the New Orleans
I cotton exchange. In his statement of the
world'll vlnlhle supply nf cotton, ehutvs
that the vlnlhle supply of cotton decreased
139,663 Inilen during the past week, against
. 'j - —n VfB 1**0 v*Asa sml n dS*
yvnr nciore mbi. yk iuim, «■
tal of Amerlran cotton Is l.ltB.SK, against
1.37,666 hut weak. laat yfsr, andl
*3.315 year before fait, hnd of nil other
kinds. Inelttdln* Egypt. »rs*ll, India, etc
1.670.606. against YwJ.OOO last week, 1,105
000 Isst year and 6J5.O0O year hefo.% Inst.*
The total world’s vlslhl* supply of cot-
I ton ns shore shows a decrease compared
with Inst week of 1J9.SM, a decrease com-d
pared with Inst year of 652,170, and a dr A
errose compared with year befora last of
701.077. m
of the world-* visible supply o|B**BE
as shove, there. Is now afloat and held In I
Grant Jlrltaln and continental EurnnoMg
KMtt^galna^ATMM htat
NEWS AND GOSSIP
OI the Fleecy Staple.
Private Wb» to Wore tc Inland.
New lork. Aug t —Cotton opene.1 very
excite,I nml Irregular. r,.ininlsaloii he
werr. henry sellers. Srh||| Imught he
oh.epenlna. MIMmll mntlaacs to
elite hell area king the mnrket by bis heavy
8P ‘l.I , lf?-
Nprden oat wririt following: "nulls s
«nu short Inrerebt cunrniously Increa
5 nanr.*s •>( nny cletprlnrntlon almost InvUl-
nip. Home trade excellent. I'reseat level
attractive Co purchasers."
New* Orleans, August 4.—Buyers are i
archive. nml while the bulls arc attorn^.
Ing to mjpport prices the general trailing
public docs not seem to have any faith In
tbp long side.
4'ottou oneua steady „t nn advance of 1 to
J points. Trading mis fairly active. Both
longs and shorts bought on the belief that
the decline had l»een too rapid.
iHuight August freely.
The cotton exchange has rescinded Its
closing order Monday. All exchanges will
be open Monday except Liverpool and I*on
cion.
The weather
amount of rain
eastern belt. Texas Is drj
g Is the statistic]
w - ‘Aagast 1
^ e, ^..' O^It . , ^'n , l n^ ‘^ , •lnl Chronlrlo and wired
GENERALLY LOWER
Room Traders Forced to
Take Their Medicine
This Morning.
OVER-STAYED MARKET
moderate
made by the
Landed with Long Stock
Which Was Thrown by
Bull Leaders.
to Ware & Iceland:
. This
Visible supply... l2t*HS
American 1,17*,!“'
Crop in sight...10,
Htocks ;
Ktporta
Int. receipts
foist
\Ve*-lc.
c.xv.m
1.774.01
1LSJ
14,017* 10,50
W.1S0
15.750 23.557
134.959
105,70
74.07
07.M9
ZS.W7 40.1**
146,06) 142.1)5
I’rlvste Wire to Olhert A Clay.
New York, Aug. 4.—Mitchell cuutlnnes hit
heavy, celling this morning.
Nnrden * Co. nml I.lrerponl are tb* prln
Clpsl liuyers, the former corering shorts.
Aordeu bought 15.000 cotton so far.
COFFEE MARKET.
Following Is tho range and close of New
lork coffee mnrkut for todny:
Opening
fe
*7.35-7 M
Mnrrh.. ..
is?!:::.-:::
June...... ..
July
Angnst.. ..,
Reptemlwr..
October.. ..
November..
Deceml»er..
.. ..7.35*7.40
... ..7.40*7.10
.. ..7.50*7.55
7.56*7.10
. ..7.6
... .0.55*7.00
.. ..0.90-0.95
7.00*7.6
.. .7.05*7.10
..7.15
Close.
7.10-7.15
7.30*7.:
7.3^7.^
735*7.40
7.45-7.10
7.50-7.65
7U-7.00
0.8M.90
1854.90
0.904.95
7.00-7.6
7.67.10
Closed steady*. * Bales, 70 t ooo bags.
HAMMER BRIGADE
ENTERED MARKET
New Orleans, Aug. 4.—The Tlmes-Demo
, ' R t **y*: The rwlTsoovery of * common],
™? wn . {* ct ■ "tnmpe-IM the rotton market,
put a hi* club In the hand* of the bears:
sent the price down for a net loa of nlKmt
30 points on tho active option* and broke
the deadlock apparently effectively. Tho
cotton crop la dorng well. Everyhody knew
that. 4} hat they did not know was Hint
much of the long Intereat In tho full pnal-
■flons held at Now York, and which hnd
l*ccn doing service as a- suttnliilug lndu-
raw. ban beep sold out before yesterday,
knowledge of which brought tho hammer
brigade Into tho game with old-time xenl.
The bureau crop condition figure Indirating
only fractional depreciation during July Is
convincing evidence, If sueh were needed,
°f **» excellence In yield prospects that Is
not often excelled, though It by no means
“ supplies for
. mills have
erat says: The rediscovery of a commonly
By Trieste Leased Wire.
New York, Aug. 4.—The reaction of yes
terday afternoon continued through the two
hours’ session today, ami led to general and
quite subifantlal losses nf the close I.on
don wna closed on account of bank holiday,
but the disquieting news from Itussln hnd
slight Influence on flic local move
ment. The hank statement showed a ile-
- ■ ■ <-f <4.|«’,4 t->-i |„ NurplMR reserve
In reality, however, tho market was gov
erned chiefly by the feeling that Its own
position called for some further set-back.
Prices opened down qnlto sharply, fluc
tuated for the next hour, and toward the
close fell again the lowest of the day.
There was no grant rush to MO, tat tap
ers feeling that n reaction was due were
evidently taking their time In picking up
stocks again. The loan Increase of $18,700.-
000*and the comparatively trifling cash
were of course nt variance with yesterday's
forecast, but the state bank complications
might explain this discrepancy. A sharp
rise In sterling was another Incident of the
day.
The stock mnrket showed general declines
at the opening, extending to H In Brooklyn
llapld Transit nml Amalgamated Topper.
Baltimore and Ohio, 8t. Paul, Southern Pa
cific, New York Central, and Krle were off
i in all. Tnlon Pn-
Steel preferred de
clined %.
ment too long, nnd were landed with long
In the week. After the first few minutes
the market became quiet nnd during the
greater pnrt of tho first hour business
RANGE OF NEW YORK STOCK MARKET
Amerfenu Sugar \KlnIng.».',*.**.**!
Atlantic Const Line !
Anncoiidn
American Locomotive
American Smelting iVeiinlng.*!!!!!!!!!!!!!!!!!!!!!!!
■aetfle
'hlcngo nud Northwestern
'hesapeake nnd Ohio
folorado Fm-l nnd Iron
Central Leather..
I Great Western
Iwnnkeo nnd St. Paul
i«l Iludson
Securities
Illinois Central
American Ice Securities
Louisville nml Nashville
Mexican Central
Missouri Pacific
New York, Ontario aud Western
National Lend.....
Northern Pacific
New York Central
Norfolk nnd Western,
Pacific Moil
Beading
Itepublli* Steel
Itock Island
do. preferred
Unite*! States Rubber
do, preferred.......
Southern Pacific ......
Southern Railway ...
do, preferred
Slow.-Sheffield
Tennessee Coni and Iron
Texas am] Pacific
Union Pacific
United States Steel
do. preferred
^Inln-Carolina Chemical
preferred.;,..
\ Irglnl
Western Union
Wabash
do. preferred
Wisconsin Central ..
^■do, preferred..... M
Total stock sales today 180,156 shares.""
NOTES ON GRAIN
Pointers on Provisions.
■ ■. 143 143H
LTRi 136V IKS 137H
i.'
%
WH 1*4 is%
is7u| mV usHt
— 2l9\i 2194
ft
H
ft
rtirate Wire to albert & Clap.
Chicago, Aug. 4.—Crop advices fro
northwest gt*uernlly favorable. Very small
demand for Manltolm wlient now brpp ship
meat. While prictw look vely low, the
foreigner dm>s not seem to In* attracteil.
This argues considerably lower prlceN.
Minneapolis market Is already tooling the
effect of lllwral hiMlglug stiles. The loud
~ lip dap.
rer Ktimfuy, prices for
-t.ru wm pv suiirpir higher next week.
Oats will probably follow the strength
n corn, hut outside of this not much
-oiiragi meut to hup.
Chicago Record-lirrnld: Klevntor people
nml cmmIi wheat exporters continue to pre
dict that September wheat at Mluncapol!
will go to a full shipping discount trot
tho Chicago price. Hcelded hcadwuy wt_
made In that direction yeuterdny. From
a discount of He under Chicago at the
opening on Thursday, there was u discount
or He at the close last night. The north
western wheat men are noxiously awaiting
the avulaiiclte of wheat Hint they believe
will come when the harvest la over. Cut
ting la rapidly advnmlug north, recent
rains having apparently dcluy.il It a little.
Kat(mates on the yield — *“ *
WHEAT SUFFERED
A SHARP DECLINE
Pit Traders and the North
west Sold the Market
Heavily.
SENTIMENT-, BEARISH
Floor Crowd Became Dis
couraged and Dumped
Holdings Freely
m M M JSIK
*»i «8 >£8
wtv mi | m
Si
a
RANGE OF THE COTTON MARKET
AT NEW YORK.
to the floor —
Oovernmcnta unchanged,
steady.
Other bonds
proapcc
_„h It l»y
proves up glut In raw cotton
another year. However, the
little to fear. The sr>eculatl..^^^RM
meanwhile has changed Immensely. A sharp
I decline was needed and n further decline
now will probably create a short Interest
large enough to give xeat nnd real tone to
the market later on. But professionals,
rather thou the public, nre yet the mar
ket’s dependence, therefore continuous oc-
tlvlty may not bo anticipated with full
"Mijrance nt this stago of tho game. The
visible supply statement met bullish ex-
pectatk
Leland.
000 year before Inst;
•gainst 73,000 last year
tiefnre last; In India 725,000, ncnlnst
last year . nnd 401,000 year before insi.
• • * ‘ —1V.3M.000,- against
year If’fofls
ft
’ore last
563,000,
GIBERT A CLAY 8
DAILY COTTON LETTER.
New Orleans. Aug. 4.—The absence of
tews from abroad owing to the trank boll-
vsponse will Ira obeened on the open
ing of options next Tuesday morning.
Whenever snch drastic shrinkage in values
©rests, os was the case yesterday. It Is hut
tutnrsl to expect that the penduliffn of
price changes must swing Irackwnrd be
fore the market’s true equilibrium has been
reached. To tra, the sltuatlou as It uow
sfnmls, seems to reflect the fall pursuit
of these expectations, not so much. In so
far ns the covering of shorts la .concerned,
bat also In the rejuvenatbm of a long In
terest. If eveu the most conservative hopes
©f an ndvauce are realised, then there can
be no professed surprise; lmt. on tho other
hand, n failure «r expected results can
ouly bring atnrat thorough liquidation. — J
TODAY’S PORT RECEIPTS.
The following table shows receipt* at tbs
ports today, compared with the same day
U»t year:
Mobil*. . . .
Savannah. .
charleston. .
wlhnlngton.
%
»-•
as
‘S
—i— r! , The Sun snys: A sharp
fall occurred which was not nt all surpris
ing, In view of the fast that, according to
tho government report, the deterioration *
the crop within a month ban been less thi...
H of 1 per rent. The eoudltlou was stated
at 82.9. against 83.3 last month. 74.9 last
^ ir, 91.5 In 1904, and a ten-year average at
s date of 82.4.
The report was followed by heavy telling.
In which the leading bull Interests are aiip-
poeed to have partlclpate<l. At any rate,
cotton wna thrown on the mnrket In consid
erable blocks nud price* declined rapidly.
Bears hammered and uncovered stop-loss
orders aim support was withdrawn, though
nt one time (luring the day tho lending
bull gave vigorous support and steadl *
market. But the selllug movement
became general and prices were t
downward, though toward the close ■I..
tug of shorts caused a partial recovery,
opinion In the trade Is still mixed as to the
probable stxe of the crop estimates, run
ning ill the way from 10,750,000 to 12,030,000
(rales sud over. Further rains were re
ported In the A
rule the weather ...
ally favorable. The B
tinrrow and spot Interests sold.—Ulbert k
cu»y- ■ •
WEEKLY CHRONICLE'S
REPORT ON WEATHER
New York, Aug. 4.~Our telegraphic ad
vices from the South this ovcnlnz denote
that rain has fallen In most localities the
past week, and thnt In portions nf Texas
and In some sections elsewhere the precip
itation has been rather heavy. Shedding
and boll weevil are complained of In
Texas and dry weather la claimed to lie
WARE A LELAND’8
DAILY COTTON LETTER
New Tort, Ang. 4.—The liquidation that
played so Important a pnrt 1m the sewe
nrenk of yesterday was sga n In erldenea
* ng the early “* J *— B gfeyMU
nfng. But ti. ^ ■ ■ . .
severe, sad. «" » result, the buying
shorts ■ ‘ |M “
nrp break.
era I trend of ttajuarkeL "there seemed
to be none. It will require a decided
change of crop news and known disaster
to the growing plant to brto* t alumt a
>f sentiment. The price Is not one
ATLANTA MARKETS.
FRUIT8 AND PRODUCE.
Officially 4*orrect«4l by Atlautn Fruit ao4
Produce exchange.
Lemons, $4.754}6.00.
Limes m to 75c.
l'enrhes. per crate, 5flc to $LW.
Pineapples, $1.60 to $2.50.
Uananns. straights, n-** bunch $1.50 to
$1.75. Culls, per bunvn, $1 to $1.25.
Wntermolrtvo, $7.60 to $20.00 per 100; de.
nnml good.
POULTRY AND COUNTRY PRODUCE.—
Live hens 35 to 37Hc: fries 22V4 to, 25c:
broilers 15 to 23Hc. J.lve ducks. TeklB 30
to 35c; puddle 26 to 274c.
Dressed liens, per lb., 12c to- 13c.
Eggs, per doxen, 15 t( * *
Butter, table, per lb.
ig. per lb.. *- 71
Honey—New
vmKTADI.ns.-Irlih potntiM*., No.
stock $4 barrel; Na 2 slock $2.50.
TomntooH, |»«t crnfi-, ,F«<* t" $125.
Old sweet potatoes, tier bushel. $1 to $1.24;
ew sweet potatoes $1.60 bushel.
FLOUR, GRAIN, PROVISIONS
FLOUIt—Postels Patent. $A00; Diamond
patent, $6.60; Mascmitnh Htnr, $4.06: foncy
K itent. $4.65; Red Ksgle. $4.40; Blue Illbbou,
.Ol fancy, $3.90; spring wheat patent, $5.25
roitN—4’holce red cob. 76c; No. 2 white.
Tie; No. 2 yellow, T4c; mixed, 73c.
OATS—trbolpo white clipped, 62c; choice
white. 60c; choice mixed, 48c; Texas rust
proof. 60c.
MEAL— Plain wnter ground, per bushel.
, ir; bolted 140-lb. Jutes, per bushel, G5c;
Shorts, white, S1.40: mediate^ Sx.35; brown,
$1.3): pure bran, $L15; mixed bran, $Ho.
IIAY.—Timor by. eb.iicu large bnlcs, $1.10:
do, choice smnll bales. $1.05: do-. No. 1
timothy bales, $1: do.. No. 2. $1; do.. No. 1
clover mixed, $L00; do, Na 2 closed mixed,
10c.
• i."Yi:n riiob-,. 90c.
The above prices are f. o. h. Atlanta, and
subject to Irmnedlnte •ereptance.
GROCERIES.
fH'HAR—Standard granulated. $5.20. New
York Ileflned, 6**; plantations, 54. Market
verv strong.
COFFEE—Roasted Arbuekle’s $1150;
bulk. In bags or barrels, 13c; green, 10 to
m„.
grade. Market ....
CHEESE— Fancy fall crcntn dairy, 144c;
twins lie; lirlek, 14c. Market strong.
PROVISIONS—Supreme hams, 15c. Dove
ila I
The following Is the range la cotton
futures la New York to-Liv:
Last Previous
Open. High. l*ojr .S-le Close. Close.
Aug. . 9.68 9.70 9.67 9.6$ 9.67-6S 9.72-75
Sept. . 9.84 9.84 9.90 9.81 9.8041 9.8244
net. . 9.98 9.98 9.91 9.95 9.9441 9.95
Nov. .10.01 10.01 9.96 9.98 9.97-99 9.98-19
Dec. .10.02 10.05 9.96 10.01 10.01-03 10.0344
Jnn. .10.06 19.09 10.03 10.07 10.0748 10.0748
Fob. .10.12 10.12 10.10 10.12 10.1041 10.08-10
3Iar. .10.19 10.20 10.15 10.20 10.19*30 10.1940
April. . 10.23-25
Mny. .10.29 10.29 10.27 10.27 10.29-30
Closed steady.
AT NEW ORLEANS.
Loot Previous
Open. High. Low S-lc. Close. Close.
Ang. .10.18 10.21 10.18 10.23 10.25-27 10.00
Hept. .10.01 10.01 10.01 10.08 10.05-08 10.06-06
Oct. . 9.93 9.N 9.88 9.94 9.9341 9.9041
Nor. . 9.96 9.95 9.95 9.95 9.94-M 9.9243
Dec. . 9.96 9.98 9.90 9.96 9.9847 9.93-94
jnn. .10.00 10.03 9.18 10.01 10.02-03 9.99-10
Fch 10.07-00 10.05-U8
Mnr. .10.14 10.18 10.11 10.14 10.1748 10.14 15
Closed steady.
STOCKS REVIEWED
BY NEW YORK SUN
New York, Ang. 4.—The Sun miya: "After
niH'tilng a sUuue under Thursday's clot*
“■ *he murket moved upward lu
way during the drat buur, and
"At
but these 'apasmorilc" moveiu'eiita funJ^hu
wblcapread nivurable edect, temtllig rath
er to accentuute the change lu the char-
utter of the buying, which bail. Iieeoiue
wholly iiruicaslonal. This change wna at-
companlcd by a contraction 111 the volume
of biialneaa, hut as soou ns It liecume evi
dent that special movements were availed
ot for proiit-taklng by large apcculative
lut(*resls. the volume of salting orders
used and prices yielded lu conse
quence. Stop orders were uncovered In a
iiuiiiIht of stocks ou the decline In the last
half hour. It wna not roiitcuriod that there
was anything lu the business or fluuuclui
situation to i-niisc any change lu tin* cheer
ful sentiment that has pervaded the mar
ket for a couple or weeks, lint It was
thought natural that after a substantial
rise lu prices a moderate reaction should
occur. Hie a versa “ ‘
tlve Issues showed ...
yesterday n rise of nlniut 8 |m«Ihi* from
Monday's dose, whl.V couvtranrd vriflf thr*v
weeks ago the rise was nut far from 10
points. Tho l.midon market was heavy
* “* “ y character, many
gone away to the
ChlcacQ. Aug. 4.—The grain list wna
again lower, 1 l«8(fl r»-Sc for wheat, 3-8
05-lo for corn and l-891-4c for oats.
Hog products were 2 l«2<?6c off to 2 1-2
(110c up.
The pressure of wheat was too great
and the coarse grnlna followed its
weakness In a manner around the bot
tom prices reached. There was g.»id
buying by scattered shorts, not only of
wheat, but of com and <Mt r - While
there waa doubtless considerable cash
trade In wheat, corn and oats, all par
ticulars were withheld.
■ Primary receipt* of wheat for the
day 1,111.364 bushels nnd corn 379,-
000 bushels, against 912.000 and 542.000
bushels, respectively, a year ngo.
Clearance* 321,000 bushels wheat,
442,000 bushol* corn and 325,000 bush
els oats.
CHICAGO GRAIN MARKET.
&£:::: g>
High. Low. Clo...
M <"oun-
te‘:r
“Kuu
Mouilnj-."—4Jlln>rt 4k 4."lny.
COTTON SEED OIL MARKET.
TIPS PLASHED
From Wall Street
Prlrnto Wire to fJII»ert k Cfkt.
New York, Aug. 4.—Irregularity Is likely
In tho stock market todny. There nre a
number of different factors operating for
this. In the first place, Saturday Is even
ing up day. Second, tho Loudou exchange
Is closed today nud Monday. This will
Induce conservatism. The outlook for the
Sunday and the
today.
- Marshall. Kpnder k C*v: "We Ball
tlnun to regard the market as tending up.
but prefer commitments In the active list
entirely. The metal slinres should logical
ly turn stronger after such decline or reac
tion ss inav take place todnv or .Monday.
There Is also g*MMi ground for supi»ortlng
preferred Kteel and Ilaltlmnro and Ohio.’’
Uptown sentiment: In view nf the fnrt
that tba market has been advancing for
about four weeks, with practically no re
action. except that of yeaterdny afternoon,
and In view of the expressions of unfa
vorable bank statement, look for the mar
ket to lw Irregular and rcnetlonnry todny.
and, perhaps, for the first day or two
of next week, lint they do not look for
prices to go off more than 2 or 3 per cent
ou the average.
Private Wire to Ware & Leland.
New York, Aug. 4.—London closed until
Tuesday.
An unfavorable bank statement expected,
and, along with time mo»*>y stiffening,
creates bearish sentiment, nnd declines
4-r*-nso».
Dun’s nml Brndstrcet’s reports on busi
ness most favorable ami outlook cheerful.
On good breaks, believe Steels, Norfolk,
(’hesapeake nnd Ohio, At c htson, Missouri
l’nrlfle. Louisville nnd Nashville nnd Hniilh*
ern railway will do to take on for turns.
Room traders will even up ns usual ov«
Sunday.
Dow Jones’ summary:
London stock market cloaerl until Tues-
ny morning.
Indications point lo poor bank statement.
Russian situation continues dlaturlicd
with further mutinies.
Republic Iron nnd Steel director sara
blast furnaces of tho country hare sold
New York, Aug. 4.—TI10 market for cot
ton seed oil was somewhat weaker yes
terday, but there was r fair amount of
activity, with quite a little oil changing
hinds Tin 1 e was .il-" snine Helling m
.Xovemltcr. Pressure ou October was again
lenee. Later deliveries were easier,
dlgbtl> lower prices, but near do
liveries remained firm. The bidding on Au
gust wna very cautious, however. The
government report on rotton showed it con
dition of 82.9, with a loss of only 4 points
that fuo. decrease In the Enst Ii
t lu the western growlug 1
the trading yesterday tin
very little nunemeut In hji
nltig
call
OATH-
Kept.... 3t<
Dec 32'
lay 31'
PORK-
Hept.. 18.974 17.00
Jail ......
LARD-
Hcpt... 1.86 8.85
net.., *.T» 8.95
Jan.. 8.224
HIPKH-
Hept.. 9.124
Oct.... *.*74
Jan.... 7.55
344
19.124 9-25
ASH WHKAT-
No. 2 red i24«72U: No. 3 rwl
2 hard winter 714^<-4; No. 3
Tl*.
PRIMARY MOVEMENT.
I/O land
"p;
August •• ,, .. 37Vd..i' 4 37 Vd-i’* «
Heptember STVi'dSi 1 , 374<4iJ7fi
October :*$'♦ ii.t*’* 314'(/:{('*
*• g4'tf31‘
SOUTHERN EXCHANGE
Oldest E.tttbllshed OfTtce South.
Conor—sioms—bohds——grain
Ground Floor Gould Dulldlng. Dally
market letter r.n*l pinrkct manual
mailed on application.
NORTHWEST CAR8.
The followtnir figures give the northwest
nre today, last woek aud last year:
Tb A following flgar
•jiovctnent of wheat nun corn:
Wheat—Receipts todny, 141L900 bushel*,
ngainst 912.000 Imshcjs Inst year. Shin-
• neiits teilny. 575.000 bushels, against M<,-
090 liiishcls last yenr.
Corn—Receipts tndhy, 379.AA1 bushels,
ngaliist 512.000 bushels Inst year. Sliln-
nients fodny 509.600 bushels, against (M.OiX)
bushels last year.
flip prln
CHICAGO CAR LOT8.
Wheat..
Corn.. ..
onta.. ..
Hogs.. .
Today. Tomorrow.
L. J. ANDERSON & CO
Bankers and Broker^,
COTTON, STOCKS, CRAIN
ComspordiRt's Capital $250,000
RCrCRCNCC, THE NCAL RANK
PHONE «4IT. PRUn^NTIAL BLUO
CENTRA! BANKS TRUST CORPORATION,
CAPITAL $500,000.00
If you contomplate opening a now account, or changing your pr.aent
banking arrangement, and wish to connect youraelf with a atrong, conunr*
atlvo banlt. fully equipped to aerre you as your business Jjstlflea, w.
Invite you to call and talk the matter over with ua.
As. 0. C.ndl.r, Pra.Id.nL
W. H. Patt.raon, Vle.'Pr.aidant. A. P. Col.., C.ahl.r.
John 8. Owtnt, Vlco-Pr.sld.nL Wm. D. Ow.nfc A..L C.StloK
arnlng, rontlnue to .bow In-
"CHEKiS-V.ncjr'7ul| tr "'"''
hams 164c. ('allfurnli __
hatns. lie. Dry salt extra ribs. $9.75; belli
20-6 Ibo., $10.25: fat Iwirks, 8c; plates.
Suprems lard, $9.71; Red cross, 10c. tta
Drift compound, 7%c; Red Cross, 74c.
M’CULLOUGH BROS/ FRUIT
AND PRODUCE LETTER
m INTERIOR MOVEMENT. ■■■ _ ^ „ lir _
The following table shown recelpti nt the change of tentlment. Pjw *» "Jt «
Interior towns today, compared with the to attract buying for
“m* day last yenr
Houston. .
Augusts. .......
Memphis *. , ,
“®r
-a""
turpentine firm
THROUGH THE WEEK
*P*dal to The Georgian.
Rarannsh. Ua.. Aug. 4.-Tbe snlrtts tur-
I^nttne market t»egsu the week Arm st Ke
■“<* Arm at 674**. On Monday the
market suffered a loss of He, but regained
•t the following day. Once or twice biter
* decline **emcd imminent, but buyers
«me forward In time. The clpalng under-
terday tuts l«ecn taken hr snorts, onu a
large quantify will, therefore, be for sale
on the flrat jroo.1 rally. In n word, rallies
ara about all the trade looks for nt tho
prenent time.
TMterdav even at the advance was
stronger than for nmnydsys. Itls Mtefejl
that the low lore! has nsw pnsne<i.
jemunt nf th» wndllbm In tb/
„ th. rrmlt of r.1.. wrr.
.tightly rut ilrtwn. Th. .hinin.nt, w,r,
llshter than usual, owing to the decreased
sailings, nml the stock Increased more than
"umf’iSwd «nd clow.1 th/wwUt with
quotation. m*ltt for jn*rf ^«d*. .od with
v-err little change for outalde prices, in
sff?i^l SbUL A number ef buyer* are In
tbe market sni th* bidding each day Is
spirited.
Hi —
■emaild end contmnplbm; In fact, a com-
plefo glut has nnd colitinuKS to prevail,
necessarily causing a I
values. Receipt a of d ••,<,.
the execution of turkeys, also In liberal
inply with values Inclined to go lower.
But little If any change noticeable In eggs
for several days. Receipt* about equal to
*»mand nnd consumption.
home lietter demand Is noted for tbe beat
grade of table butter.
Cabbage and Irish potatoes, and espe
cially cabbage, slow sale, with the mar
ket glutted.
To the contrary, onions of tho best qaal-
1T y HI mug for better prices
A strong demand continues to prevail on
sweet putatiMN
Vegetables. grnrrSllv speaking, being
furnished by the local gardeners at low
prices.
Too many grapes nrrlvlug to b# sold to
n-l» <!■» ■«'* - f Hi- ebi|-r-r.
Bananas plentiful, with prices sufficient
ly low to authorize a general.and liberal
mMnmptlas.
linesppten scares SM selling for high
prices
I^mon msrk-t rather weak during tbs
last week, with lower values prevailing.
No oranges In tbs market.
While a I*etter range of values prevails
on peaches of tbe best quality, but little
HUBBARD BROS & CO., tono "
Atlanta Offlcea, 219-221 Century Building.
Members New York Cotton Exchange. NewOr-
leana Cotton Exchange, Liverpool Cotton Aaao-
elation, Chicago Board of Trade, New York Gof*
fee Exchange, New York Produce Exchange.
Buslneaa solicited for the above exchange*.
Direct wire «ervlce. Correapondence Invited.
Phonca 4M. Long Distance 39. A.S. Huatacc. Mar.
Wi—
ATLANTA NATIONAL BANK
• ATLANTA, GA,
C, E. CURRIER, Preaidant. A. E. THORNTON, VlcwPraaldant.
H. T. INMAN, VIca-PraaldanL CEO. R. DONOVAN, Cashlar.
JAMES 8. PLOYO, Aaa't Cathlar.
Capital. $500,000.00
Surplus and Undivided Profits $500,000.00
We Solicit Your Patronage.
Ntw Orltut.
COTTON^ (ivIw.^R^ISIS^HtOCKjPbONDS,
ffs. 2 Will St., Piltn Bjlldiif, Alliiti, Cm.
inttsus: ....
i" w SSB&ftS lullil,.
Cotta hihtngi.
Ntw Or lam Cotta luhtogi.
Urtrpool Coltoo Auodttloj.
hltiti Win I to Ntw York. Ntw Orlttm. ChUtgo.
Bill Fhott 1242.
Sltndord Fhoot 291
Prank Ilawkl
H. IL Atkinson. V. V ’l »i.»nisajC. F.r
Joseph A. McCord, OuMsr. R. W. wyera, (
Third National Bank
Capital .... $200,000.00.
Surplus .... $300,000.00.
Dr. A. W. Calhoun.
MlltOD Dnrgnn.
John W. Grant.
H. Y. ilcCord.
Dl RECTORS:
Frank Hawkins.
II. M. Atkinson.
Joseph A. McCord.
J. II. Niioaslly.
J Carroll Pay ns.
F. B Rosser.
David Woodward.
GIBERT & CLAY
NEW YORK BANK STATEMENT.
** k. ALABAMA AT-
ATLANTA OA.
COFFEE. PROViaiON*
HCHBEMi
Thn weekly statemrnt of the tar York
" * * shows tbe following
T«k Stork EirtmngaJJfaw MjweOMMa JMgffffljSSSaftafiaASortatla*
Twk Cottoa 8^..“ ^ ^.I.r'.ton Cotton Mmi
Prire.r JVIrr.;oa.l ExchaogM. ^ FA Q^N J M .O. 3 0r.
t CS _ . _ ,
»ork Coffee Excbang 1
Local and Long Distsnos Ttltphonc 529®.
1.746.600
"K1,7U>
Occidental Fruit and Produce Co.
:iNC0KP0*ATltr=
WHOLESALE FRUITS AND PRODUCE
AND CENERAL COMMISSION MERCHANTS.
HEADQUARTERS FOR BANANAS, PEACHES AND CANTALOUPES
THE HUSTLERS
J. M. COPELIN, Prea.
2 N. BROAD ST.
JOS. CENNTISON, Mgr.
ATLANTA. GEORGIA.
MADD0X-RUCKER BANKING CO.
CAPITAL $200,000.00
SURPLUS AND PROFITS .... $500,000.00
ACCOUNT* INVITED
Wc Invite accounts of Individuals, corjtorations. banks
nnd blinkers nnd oirer the best terms consistent with
conservative banking.
■Hi