The Atlanta Georgian. (Atlanta, GA.) 1906-1907, August 09, 1906, Image 11

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Till R8HAT. 11 T11E ATLANTA GEORGIAN. EDITED BY JOSEPH B. LIVELY ( THE GEORGIAN’S RECORD OF MARKETS AND FJNANCE^Ii^iH COTTON RAIDED BYJE BEARS Bulls Give No Support to Prices, While Bears Were Aggressive. WEATHER FAVORABLE At Midday Prices for the Active List Show De clines of 14 to 20 Points. B, ntrete Leased Wire. New York. Aug. 9 —On selling by Ttiterday's buyers the cotton, market opened 2 to 5 points lower. The sell- in* ns* Influenced by Improved new* from the South and lower cables. After the call the bears added conatderable pressure to the market. Commission houses were sellers. Sentiment was decidedly bearish In the cotton market today, and from start to finish weakness was the feature. New low records for the season were made through the entire list, all op tion* selling below the 10c mark. The weather and crop newa were the factory the following being sam ples of the day's news: Houston received 1,849 and Galves ton 652 new bales of cotton today. Following are samples of crop and weather news recalved today: cuere, DeWItt county, Texas, In a dispatch says: "Yesterday waa a ban ner cotton day for Cuere, about *80 bales coming In. and It came from all pans of the country, as the prices paid at Cuere attracted the cotton." .Nacogdoches, Texas, wlrea: “The cot ton crop, except In a tew communities. Is line to date. It la reported by farmers that front one-half to two- thirds of a crop of cotton Is now-ma tured. If this be the caee, the county has from 10,000 to 14,000 bales In sight. Too much rain la reported In some localities and the boll weevils and boll worms are getting In their deetructlve work." •Two new bales of cotton, one from Louisiana and the other from Missis sippi, have just been auctioned off In New Orleans for 12c per pound each. They were classed as strict middling and middling,” tVaxahachle wlrea: "Ellis county has the blxgest crop on record.” It will be remembered that Ellla county made the banner crop of any county In Texas In 1404—13,5011 hales. Price Is selling December today, which la against his long October.' He It trying to sell October. SPOT COTTON MARKET. if:,-Very Millet nt 1044c. NEWS AND GOSSIP Or the Fleecy Staple. 1 tf. v * t ** l«e***<l Nvin* to f)tb*rt ft Clay. Nw York, August 9.—Liverpool at 13:0 Ml* 0 «4*. Alumt as cx|»<vt9sl. Mlti-bHI offering 10,000 January at 10c. A**** 1 traders hammering market. .Tue Journal of Commerce says: “Con ditions In the primary market for dry ... the begin- Ing season, unless exemption ise of the srarHfy which ex ists foe the tluio Mug In special lines of merchandise. Agents And that buyers real- nine be t* Norden It now hnmmerlus the market New Orisons, August ft.—IJverpool l It ss expected, end without further changes should not affect our opening. IJrerpool rabies: “Hare little faith In higher prices. Much «»f the recent buying has been on speculation, and with a de clining tendency all this cotton will be thrown uj*on the market." Mobile, Ala., wires: “Crop this section Is reported alurot the some: mins did no damage and outlook excellent. The market has l»een very active this morning. The more favorable map and Increased selling. .... forecast Indicates fair weather fsr I^iulslana tonight and Friday; g irt!/ cloudy weather for Arkansas aud ktahoma; partly cloudy weather with ~rohah!e showers ou c«siat In Bastern _>x«* nnd In Western Tessa. Scattered showers tonight and tomorrow. Eastern forecast Indicates fair weather imughout tonight and Friday. Map Is excellent—clear and «Iry and warm In the eastern section and alternately clear and ek * “ " section, iced by such ideal conditions. Market at 16:30 n.m. looks weak and Is l»elng attacked. Private Wire to Ware ft Leland. New York. August ®.-Uv*rpool futures opened quiet and unchanged. At 11:15 p.ro. unchanged and doll. Balsa. 1.000. Hpota t Futures duo to come mi- Continent buy- Pennsylvania Was Again the I reader, Scoring Sharp Advance. LONDON WAS SELLER There Was a Demand for Union Pacific from Room Traders. iiumali—ljulet nt W o-16e. Ciduiuiius—Mtcadjr at 10%r. On I reAtoii—Steady at 10V4<*- Liver|-ml, Ang. 9.-12:15 p. in.—Spot cot ton .inlet, with price* steady. MhMltnc ni»* Innds, 5.Md. Sales 6,000. American 5,300; sife.'nlarlon and export 500; receipts 2,000, steady. • August. . . Anc.-Mcpt. . , He|.t.-Oet, . . Usage. Close. Close. 5.4H 5.45 5.45 1$ tSt2 6.38 6.3* 5.8* 5.39 6.44 6.48- 6.0 6.44 Wit 6.0-6.46 6.47-6.41 5.49- 5.60 TODAY'S PORT RECEIPTS. . .ie following table shows receipts at pnn, today, compared With tl» MOI, l«,l ranr: Mobil* SiHAimah. . . * ‘I'i rlo.rmi. . M Umlncton, , Norfolk. . . , Now- York. . jloaton ' trifle roaxt. Liverpool Ml n f'h* N.w York ratten murkrf opened hcary. Helling power ,fronx. Support imw. Weather in—i> good. ixrol for krniluilly luwer innrkpt. . . Till* m»rk*t I* lotting brevier eecli d,y. Alo-dntvly no nnpport to mnrkot ana rot* ton I, raining mtt from *r*rr quarter. Weather map good. l/wke «■ Ihoinrh wo re In for lowor market. Advise >r»l>i. Srhlll offering tbo market down. Helling 8,000 hlneki of lleeember and Jonuory. Market breaking on heavy, offerings by Nchlll, Jfltrhell. Pearaal! anil liny. Ilatro A Co. hoary Imyora of yotton on U Now”o?lMna. Amuat >.-Liverpool waa fine unchanged to 1 up and therefore eablra to 12:10 p.m. ore Just right, low Orleans receipts, 48, 1 now: Ilona* ton 2.181, 1.049 now. It la amall aland hoar raid. f**2j!'* will noil tbo mnrkot on further two nnloaa .rotlt taking by anUallod abort, In-come. Thfdotnliad wonthor tmrMU reporte .ire fenturoloai, No rain la roportod over Texan. A maximum to.nberatnro of 101 •lo* arooa la roportort from Alcxanqrte. I.H.,'rat other loco lit ton In Louisiana. are mnob ”ltoth October and December oatobJMrjjj now tow rooorrla for the aeaaon, and atlll the market looks lower. Not atnok ootton In Now Orlrens 19.008. axalnat 80.411 laot jeer. Amount on »Mp- board 14.085 halon. ngnlust MJ* JwJ J"«I A rery lair buotnoaa has l«M>n()oneMar kot la quieter now. The ring la alrno.1 anlhlly nrnured <-u the hoar 'stdo. •jti'l only nnforoaoon development, ranjrat price, higher. .pole are Inaetlre. Offortnga are jioor .mil no la the demand. Private Wire to Hubbard Bro». Clearing weather map brouffht local •elllng. Liverpool reporte London end America eelllnff. Undertone Ie ntemd- ler than on Tueeday. Mitchell. Dick Proa., Norden heavy eellera, supplying outelde covering ordere of about 20,- 000 bales. Mitchell very heavy seller. Thin heavy selling now attributed to Broadway liquidation. The market cannot stand this good weather. Mitchell Just sold 20,000 December at 9.80 to name party. Broadway sold between iO.OO and 80,- 000 December. WARE A LELAND’S DAILY COTTON LETTER. trh nfipcereil to equally airmen nelween the two necniints. It came from all aides, hut th** most fierelatent seller seemed to he Then. II. I'rlee. It waa eatlmated Hint h» let go «0.000 bales, •prlsrlpnlly Deeemlaw, during Ihe morning. Tbo WMkneag started :,j{ _ INTERIOR MOVEMENT. The following table shows receipt* at the interior town* today, compared with the tame flay last year: Total. 3163 ”iw ’ *216 THE COFFEE MARKET. N>w York, August 9.—The coffee market *n« iwrvout and Irregular thl* morning, •nropean markets illrl m»t fully respond '' the New York declines of yeatenlay, "Milch were line to active liquidation liy a ' ' M M»le local house*. Trading was quite *c- tho here during the eariy sessbm. and ’.v/T* held around the opening figures.— idiiert A Clay. , _ . ^ 4 Opening. Cloalag. -Jnnimi-y 2.20.7.3) .7.20-7.26 lloae.1 steady.' gn came prlnelpelty fmm Imtidon nnd America. 1’nla wiling enqaed a hi rer oin-n Inc here, the aetlre pod,Iona losing about 5 point, nnd later the ring ntlnekyd prices on nlnioet Idrnl weather aecounta .'.nd on free movement of new cotton. Tin bale from bn«h femlalnna and .Mia ap' we, “ “ *' i Imlay ... , .. . . . from Mlaflaalpp! strengthened ihe lielief re.*onl breaking crop for Mint alatr, -a from manr ‘ - * were very optimist ... . nf new rollon In Texas combined henry and promlaed to fill the wants ef ihoae Who have rommltled thrmaelrea to August ahlpmente. Gibert A Cley’e Ceften Letter. New Orleans, Aug. 9.—The speru live buying of the past few daye Liverpool aeema to hove been the for eign mnrket’a strength, and cables In dicated that as soon as the support was withdrawn lower prices would follow, Options lout In the net result < points from yesterday's close, while spot sales amounted to 8.009 bales, * points high er. Increased activity marked the day's developments, a more general In terest In market affairs being displayed on all aides. Frequently during th# day the market would steady up on covering by satisfied shorts, but every such period would only serve aa a fur ther Incentive for bearish attacks. However, there was nothing unnatural about the decline, for the exceedingly favorable crop news Juetlfled In a measure the lower range of values at tained. Our own advices from the In terior are excellent Indeed, stamping with more certainty the ruling pros pects for « splendid out-turn..The va riable weather of late, now wet and overcast, now clear and dry, haa In reality given conalderable Impetus to the further devnlpment and maturity of th# plana already heavily fruited. With theae facta In view. It appears aa If preoent prices are completely vindi cated by the conditions existing. PRICE CURRENT CROP REPORT. Chicago, Anguat 9.-The I'rlee Current nya: “Hntry winter wheat morement nfisltliiig. Bpring wkrat gives goo«l prom- i*. I sit rein ,lnmeg» apprehended. Oats ■mme I letter than expected, lacking «0,- rm against 810,000 Met year. Ity Private lamaed Wire. New York, Aug. 9.—This morning's movement on the 'Stock exchange, waa characterised by the earne conflict of speculative opinion that waa apparent yesterday. American etocka Jn Lon don were quoted fractionally lower, accompanying a generally heavy un dertone In the markets abroad. Bales for foreign account, however, was only trifling'nnd during the flrat hour the local market displayed con elderable etrength. Pennsylvania was again the leader, rising another point and a half, and the tharea nf the allied roads were for a‘ while conspicuous In the buying, but the upbldd(ng of the Pennsylvania group failed to have more than temporary effect on the rest of the list. The market soon began t< take notice of the heavy selling or New York Central shares, under which the quotation broke very sharply. Thla waa connected naturally enough with yesterday'e violent fall In the com pany 9 1-2 par cent bondn, following the dleanlutlon of the underwriting syndicate. In the itiwk market, with the exception of IVnnsylranla. which o|e'iic.l np H- near ly all of the arrive list started In either unchanged or at frarttonsl rwoaslnns York Centra!. Amalgamated Copper, orndo Fuel. Reading. Steel preferrtv ftnuthern I'acinc were imehniignt: meet common down 44 and Brooklyn Tnnielt Smelling, Erie and St, Paul off 14- IVnmyhnnta waa the lender eg day. rialng to 12114. The upward untie, ntent was acrompanled hr naaertlqna that nt the November meeting the stock will Its pnt on a 7 per rent leal". There waa e demand for 1 nlon Pnelflc from the room traders In antlrliellnn of some favorable developments at the til reetora' meeting. Ire aerurltlre nlao were * feature, ad vanclng 2 points. laimlon sold lets than 10,000 shares on tela nee. tlovermnenta unchanged. inker Itonda stonily. i LONDON 8TOC^MARKET. Atrhlmui Cntindlnn Pacific ri»c**|9«tkc & Ohio........... rhlraao. Milwaukee k Bt. L Illlnnia iVntral.. Isoiiiavlllc k Nashville -.. New York IVntral Rending Bout hern I'neffic.. Union l’nelfle I’nlteil Hintes Bteel United Ktntes Bteel pfd I*en naylvn nln.! 8TOCK8 AND BONDS. Bid. Atlanta, ta, 1ML. W Atlanta, 41. Atlanta 4s. Atlanta nud W^at Po nt......... Iff Atlanta nud Weft IVilnt Ifrtit*. 167 u. 14. nf (ienrgln 1st lueotne Income ... Income Georgia m * ugiiHta and Bavannah... 115 nthweatern..... I la Pacific lata •ad A. 1st 107 1% GIBERT & CLAY STOCKS. BONOS. 5 t. ALABAMA •▼. COTTON. GRAIN. COFFEE. PROVISION® HKMBlRIl York Codas Exchange j.w-v Orlesns Hoard of Tradc.|*»aIveston Cotton I.xckaag® SHORTS NERVOUS; FEAR CROP SCARE New York. Auf. 9.—The Bun asys: Influ cured by unfavorable weather reports from the southwestern cotton belt ami covering of shorts, price* rallied and advanced yes terday. Hhorta were nervous, fearing the development of a crop ware, and they c« ered rather freely at tiroes. , Heavy rah were said to .Im» seriously ics. Heavy rains ly dsnjaglng the n. Arkansas nnd it res ms were said west. Reports of damage from boll wee' and holt worms wer* received fnnti 7'exas. All thla naturally created nervousness among some of the bear*. Then, too, some bought In expectation of n u* turn I .rally. Liverpool was letter tlinn expected aud brokers representing Liverpool I tire, especially .... , southern source#, al though the south continued to sell to some extent. The crop generally — —— the moot r deteriorates every season during the month of August, sml a decline In the condition Is expectwl thla year. The weather In the Atlantic states was more favorable. Nit sentiment was molded by the Md report* from the southwest. Weather conditions. It Is lie- lleved, will domluate the conrae of the market for some little time to eonie. Meantime the short Interest Is considered rather extensive. Rut the bulls lack ag gressiveness and the outside public-eyn- ttnues to give the simulation wide berth.- Hlliert * Clay. erat says: The fart that the heavy „ crop m«»vement In Texas has not broken the spot prices there as mpldly as antici pated haa cheeked to some extent active endeavor on tne part of bearish dlsfM>*ed N-alper*. sml waa proNibly responsible for the promptness with which rwom traders damage in the lame Btar ter of fart, the wide difference between the American and Liverpool rings straddle operations In some votoi appenr to I*e supporting the - encourage quip, which ... Ha-Atlantic new crop |Ki#lfIott* without depresslug the English market. In the last analysis It would seem that the average bear, mode ... jf logic, yet fears the lucky star of the old enemy ami the market hoised In down ward tendency, simply lieeuua? the public nor the professionals possess the courage of convictions. Clearly the talent had rather wait for a sure thing thou to take effort* to educate tMr foreign friends to the fact that Texas Is Mg enough to sup port a few floods without damage to Ita cotton crop.—Ware k Inland. THE~SUGAR MARKET. By Private (.eased Wire. New York. August 6.—JaieoL refined and * oged. |a*4i® RANGE OF NEW YORK STOCK MARKET T i U-I'agil'rev. i Low I CraclRh! Itl'se. UH 141V4 IM l*i. preferred American Kmcltlng Refiulng a&'S:::::;:::::::::::::::™::;::::::::: do. preferred Amerkwa Cotton oil....... Baltimore nnd Ohio.... IlHNiktyu Rapid Transit ...I Colorado Fuel and Iron Central Leather do. preferred Chius go ami Great Weateru Chicago. Milwaukee nnd St. Puul... iMlawareand Hudson ‘Mitlller's Kecurlttes....» i lee Kecurttle# •'ptv iorx. finiano auq »»eaiern. Nntlonnl l^nd Northern Pacific New York Central Norfolk and Wests Pennsylvania People’s Has Presacil Hteel Car do. i»reb9rn*« ... Pacific Mail ...... Rending Republic Bteel..;., Rock Island do. prefernal.,... United Stutcs RuMier do, preferred Bout hum I'aelflc Bout hern Railway do. preferred f lnsx-Hliefflelll. : :. einicaeee Coal nud Iron Texas and I'aelflc ...» Union I'sclth* United State* Steel do. preferred »*lrglnla Can4Inn Chemical dok preferred -O, prererrea WIm-onsIn Central do, preferred..... Total stock salea today 796,400 share*. 364*4 364 iftjrsSE RANGE OF THE COTTON MARKET AT NEW YORK. lowing le the-rance In cotton fa* Hew York tcelaj: laxt Prerloua <t|ien. Illali. Ihiw. Rale. note. Aug. . 9.11 9.M 9.45 9.48 9.48 4S *#."• *.*» lU Aj? 9« 9,5.85 "■ m 9.11 9.0 ... 9.97 10.1 9jl 9i2 9.6 h ?:s n in. .10.01 10.04 " eb. .10.00 10.00 nr. .10.15 10.16 Ch>scd' steady. 949-0 10^-0? 9.64-66 9.74 75 9.0-0 9.93-96 10.01-02 lO.dMJO 10.11-12 10.20-21 AT NEW ORLEAN8. Open .10.00 Oet. . 9.0 Nor. . 9.76 Dec. . 9.97 Jan. . 9.93 Feb. Mar. .10.08 10.(0 Closed sternly. 9.91 9.92 10.17-20 9.62 84 9.99-10 9.72-73 , 9.KI-9U 9.74-76 9.910 9.76 76 9.92 0 9.8243 9.0)6 9.8749 9.970 9.0-16 10.04-06 . 10.13-16 TIPS PLASHED From Wall Street Ity Private Wlra to Ware * Loland. New York, Aug. Bank rate un- chanfed; London slightly lower. There Is bullleh talk on Pennsylvania and Its allied group of stork*, but Helling ran hardly be restrained and the general mnrket le likely to work oft to lower levels and another poor bank Is predicted. There Is no certainty of anything favorable coming out on St. Paul or the lUrrlmnn Pacific. Look for traders' mnrket, but on good recessions would take on Steele nnd the low- priced Southern nnd Wealern rails.— C. K. Beckett. The Dick following Is this morning bulling Norfolk nnd Western, euylng that the tendency of the coalers la upward and that the market reaction will soon cease nnd permit Improve ment. This following Is also buying Cincinnati and Ohio, according to our today. reported on good authority thla morning that there le scale down buy ing of Southern Pacific, which aeema strong. The Information In high-grade houses le to buy It confidently .for re actions for a time. Borne board apa- clallats are talking 80 for the stock. Eugene lleyer and H. Content buying Pennsylvania. Dow-Jonea summary: American stocks In London quiet, a shade below parity. Grand Jury drops Ice charge. Btandard Oil Indicted In Chicago for accepting rebates from Laks Bhora. Hank of England rate unchanged. ■guidon market generally rhserful with further recovery In console. Welle-Fargo minority stockholders fight for Increased dividend begins at meeting this morning. Eastern railroads all Increasing or- dera for rails for this and neat yott'a dsllvery. Blocks freely offered In loan crowd with light demand for Pennsylvania the only feature. , . Thirty-three roads for fourth week July show average grots Increase 14.T7 psr rsnt. pmldftnt For*an, of Plrxt Nntlonnl Bank, of rhlcsffo. ssjtb th«r6 Is monty enough to move crops, but speculation should bs rsstrlctsd. Demand for staol products continues good, «ven where some falling off In August waa usually expected. Twelve Industrials declined .87 per nt. > Twenty active railroads declined .51 I'rlvsn* wire to Ullirrt St Ulsy. New York. An*. 6.-Mnrsbsll. Bnadsr ft 4 o.: "We fsvor the b*ux abb* of the mar ket on stir further ilcprvssbm toflsv or to morrow, mid think sctlvo unproved dtvldsud pnylnx stock will advance. Uopil buying of. Norfolk Is reported to us from good source this iiuirnliix. The *t«»uk. It ta said, will go on n higher dividend oanIs toon. No special news this morning. II« rennsylvstiln Is g«lng to put higher. The Flnmtulnl llurenii says: "Rumors of s renewnl of Insiirsnee lb|iiblstlou, If trim, will oiierntc for resetlonnry o|>erstloiis In the stock mnrket, but our calriilntloiiN lend us to the belief that the market Is now siin ply III a trading |>osltloii, where the trndliu rules should Im* closely adhered to, with t strict olMM>rvsuce of Individual limits with in * range of S to ft points, according to the Storks. The Htnnditrd oil Indictments In the West limy lisvo tile effect of ritt short selling today, but the got>d got ment crop report will doubtless bring erlng Inter. It Is unfortunate that the bond congestion should be coincident with nn enormous crop demnnd for funds, for either slhgty mold hsr» been caret/ f«»r without difficulty. I Hit th* bond relief must wall till Ihe errm demands shall hare been satisfied, ncetirdlng to the present mil look. Wc expect to see s specialty or two pnt forward bulllshly today, (lerhsps after the mnnner of Uennsylvnnl*. which line evi dently been riunioyml as *. diverter while liquidation wun In progress elsewhere In the NOTES OX GRAIN ' Pointers oa t’revialoaa lienkln wee aelllng eat I'rirste Wire lo Were A Lelnml. tYilragn, Ang. S.—Nothing doing In ei»ra so ter. Not enough trade lu wed e ai Oitte o|i«OTl Htendj with trade light. ... crowd licurLh. nr Jenks lie«t nurer uf M«r. , , ' _ llelndtolx nnd Ie.ani 4*te for Mike fe.lnh,r, lenikn n. If Jim III .... hie Itereinlier ontn thnmgh hrokora. t*ong wheel eaine out nt the opening nnd wen hnrtl tn sell. Ttie crowd Inniglil nnd » dd It .nil on lb* dip. Wl. t'JJ'tng of eels l.y Mnrfleld. Nortliera nnd I inllke. Helling mngtly liy lougx nnd Itnrlleft. Frailer A t'o. ought tu get n Hill* reltr froai T^e. Fair nmek In wli*nt and nmrftpt now ntendlnr. Bleratnr people now picking up some on til* break. Ilmkere here huyliie unite n I “f wheat, nnp|n>ie*l to lie lor Kneelmnl. With rleerlng weather and * heery whnst mnrket Italia no j|« com nnd noli will experience some dllflenlty In hnhllng lip laird nnd ribs wenk nnd biwer. with lurger ling rim thnn expeetetl. Pork won nresdy. with light trade, tmcxl mierntnrs niHl .enmmlndnir homes noltl Innl sml rlhn. «, c .. . A wet lurieni hn* •lime n hull fn.tor tn wheat and onto ■ the time lielng. There have ln*en ran«eIT eninllrinua In Knnnnn sml Okln. httuie the sreeter |uirt of two week., nml the wheat In the shock end stork hnn de* terloreted In oiminy. lint II tn unt Indlrvcd thM there will lie nny loan th qimntltr nn- ^ 1*0. ratlin continue. Texnn nutl Okhthnins ml Itnndn yestenley nml the dny lierore. old. Ohtnhnmn. hud l.ie Inches nf rein. Through Knnnnn the rnlnfnll range.) from S to nenrlr 5 liiehcn. Thin I* nnl gnnd tot the wlient In nhork or ktm*k. nml In nlnieet ton mnVli for Ihe rani. Imllnnn. Illlmd*. lows. Netirnnkn. nntl moat ptdnln In Ihe corn lielt have hml rain ennngh tn enrry thn ram ert.t well nlnng to maturity with* nut nny mure ninlntitre. In |Mrt * " WHEAT OPENED STEADYTOSTRONG Initial Prices Were a Frac tion Over Yesterday’s Closing Figures. BUYING WAS GENERAL Later Helling to Realize Re sulted in Loss of the „ Early Advance. . .......If . week hss ileln.veif rutting of th* rtpenefl •bli Cnnilltloli, shell}® Oats n. making iTIlflW ng too rtp*, ■m. le nml low. .. .... damaged In qnnllty hy hrary reins. Hhnw nlde tu inns from p*. own lime Iteeu nnuw mine nm "I have innde nu Inreerigntlnn of Ihe . trn eritpe mmth of Ih* okln river, ml,I Jnraea A. Vattof, "l hellere that the Oootli will rslae 160.005.nno buahela umre thnn Inat rear. IHiIIns. Tex., snva the corn rrep nf Texas la inmlc, nml oiitable of Mouth Tcxsa U Ih* in neat ever known. In Arknnanf corn la S'! i»cr rent lietter thnn Inat year. The l.oNtalnnn corn crop Is th* largest ever known." It was tiotlcNilil* vcatcMav that nn alt rnlllc* hcri» nml In Mlnueitiioll* long wheat w«a |nit nn th* msrk*t In quantltlaa In check n further silvan**. Clovntnr people were also ronafleunns on the aelllng able In IniIIi markets. A WlmienUgo (III.) it*4Mhg* sal ft: "Have beanl nf no Held nf oafs as plump a» whs Ihe average of tbr whole en»p last year, oats threshing will tie over In ten ilay*. Th* crop will l»* 16 i»*r cent !*** than yield of last year. Grub worm* Injuring “ COTTON SEED OIL MARKET itpewtug. rtnali August “ H*pt*ml»*r OetBber.. .. .. .. Nm-emlter .. |irc*mt»*t SOUTHERN EXCHANGE Oldest Eelabllahed Office South. COTTON —STOWS—BONDS—6RIIN Ground Floor Gould Building. Dally market letter nnd market manual mailed nn BppIMUMt. L. J. ANDERSON & CO Bankers and Brokers, COTTON. STOCKS, GRAIN Correspondent's Capital 1250,000 BcrncNCL tmc ncal dank SHONE HIT. PRUDENTIAL BLOO HUBBARD BROS & CO., SL Atlanta Offlcea, 219-221 Cantury Building. Mcmbcra New York Cotton Exchange. New Or leans Cotton Exchange, Liverpool Cotton Aaao- elation, Chicago lloard of Trade, New York Cof fee Exchange, New York Produce Exchange. Ouslneae solicited for the above exchnngex. Direct wire service. Correipondcnce invited. Phone* 444, Long DUtanca Jl. A. S. Huetara. Mgr. & Lae*I gnd Lana Dlatanea Ttlaphon* ?w uncana n w — raw «*»r -trtifly nml um>h*i Df3&*S78tf K FAGAN. Man,nee. '^™ »* ^ ^a:^, ^ROVistsFsSro^iEsPBONDS, COTTON, G fit. 2 Wall St.. Ftfrri Biildlag. Atlanta. Ca U£W BIAS: CHtago Baard at Tradt. . Chicago Sto'k ii(hango. tew Yark Cal tea LtiAaaga. Tw'iret f* fr» Yark. tew Otleaet. Chicago B. C COTMBMt. Uaaaeoe. Standard rhaaeTSk ..Icngu, Aug. A.-IjocaIs start*«| to buy wh*nt. but. nmlliig im butalilc anpporf. f mv* turniul sellers. Ballov* It la nnf* to •tljr oil nny ellp. ' rhlcBgn Itm-firtl H*r*M: "Tqt*| export Mica yrat*nl*y ware .mm buabcls. In Ad dition th*r* wer* n*.nno buahela hard wheat wild her*. 60.006 at Kt. I^ul* nnd 116,000 at Krum* Illy to ***ImniM nnd gulf exporter*, tlthrr rath grain aalca hcr»« w*r* 225.000 corn nml 10.000 outs. Predictions wired her* ‘ nneMpoll* that th* .Niwth |i*kot* rop wowbl md Im* an large nt last •light forth nil offer by If. I*. W*t- ■on »o wngcr 0,ono on the contrary aid* of the pmpoalflnn. Mliiiic*po||« nqiort* tlint there I* * poaMbltlty of good tNioktiiga of flour nny time now In cna* the market for wheat hold* wtandy. Kltnir ahlpmcut* were THE MtTAt' MARKET. By Prirefa l*-n**-l tvire. New York, Anguxt The xlrengtli In tin nhrnnd wee ralleeled In jukvi her*. Hpnl By Private Leaeed Wire. t'hlcagn, Aug. 8.—There waa c*n*ld- arable prensure on trheat and It cloaed •-497*8# lower for the day. The buy ing orders were not In evideura nnd bear* had little trouble In hewing the corners off price*. The movement >t ■pot wheal will Increase as rapl.il>- ns the spring when! la thrvahed nn-l pre pared for market. Cm rinsM dun and off 1-IOI-4C. Data were ,-ff 1-4'd l-2c. Prnvletnne off 5 to tt l-lc. Primary wheat recelptx l.«}t,451 huahela and corn III ,000 bu.helx, .-nm* pared with 84*.MO nnd 1I4.P00, reei.ect- Ivaly, a year ago. » I'learancea for the day: 14‘hrat 214,- 0*8 huahela: com 171,MO buxhele: rats 81,(100 huahela. Aa hiffh oa 75 boat load* waa raw - n by th* seaboard at th* close. At t'ltl- caffo 28,000 buahela wheal, 158,000 buxh- •I* corn and 185,000 bushel* oat*. CHICAGO GRAIN MARKET. ^Chicago ^rala^ anil provUInne qu-l.tlo Ope*. WHEAT-- Hcpt. . 40V4 E " OATH- W;.: Hcpt. .16.0 Jnn. ..14.00 LARD— r 7IH »• itS s5 1 p 9 §51 r i r s-jf m m »• k >i,i! in® ii ii Cexb Wheat—Bo. 2 red, TIVHriJ-,: X* 3 PKflWf' 1 h,lW Whmf., fNtrn,. .. oata.. llnfll.s .. CHICAGO CAR LOT8. Today. Totnorr .. 1 !! .V , *'.»**#. V, j7?w 1*5 NORTHWEST CARS, * tu l ft—. f.HAf Last Tftdiir. Wack. vpor. [central banks trust corporation, I CAPITAL $300,000.00 If you contemplate opening a new neenunt, or changing your present banking arrangement, and with to connect youraolf with n strong, conserv ative bank, fully equipped to tervoyou a* your builnoaa J jnllfles, w* Invite you to call and talk the matter over with ui. Aea G. Candler, President. V/. H, Pattereen, Viee-Preeident A. P. Coles, Caihlar, John 6. Owens, Vice-President. Wm. D. Oweni, AaeL Cashier. f ATLANTA NATIONAL BANK ATLANTA, GA. C. E. CURRIER, President. A. C. THORNTON, Vice-President H. T. INMAN, Vlce-Preeldent. GEO. R. DONOVAN, Cashier. JAMS* 8. FLOYD, Atc't Cashier. Capital.... $500,000.00 Surplus and Undivided Profits $500,000.00 We Solicit Your Patronage. MADD0X-RUCKER BANKING CO. CAPITA! $200,000.00 SURPLUS AND PROFITS .... 1500,000.00 ACCOUNTS INVITED We Invito ncconntB of-individuals, corporations, hanks nnd hnnkcrH and offer the best terms consistent with conservative banking. rvparlm'nt we allow Interest at th* Rate of 3 1-2 per npoundad 8emi-Annually