The Atlanta Georgian. (Atlanta, GA.) 1906-1907, August 10, 1906, Image 11

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r —I—ip .. THE ATLANTA GEORGIAN. Friday. .u ui st i« p>m. JOSEPH B. LIVELY ( THE GEORGIAN’S RECORD OF MARKETS AND FINANCFlHHHBgg SPOT WAS LOWER IN JIVERPOOL Middling Cotton aWs Quot ed 16 Points Lower on Small Sales. FUTURES CLOSED EASY Sentiment in New York Is Bearish on the Excellent Crop News. Bf privite leased Wire. N*w Y*rk, An*, la—The undertone of U,* leegl rotton mnrket at the outset wa , steady. Rome of the big room opera- fart bought near crop month* after the ttll, bat moat tradera were in no harry to tever shorts. despite the fact that many tf them had a good profit. From the standpoint of the snot cotton holder, the Liverpool ndrlees this morning were discouraging In that spot In the market was aooteil 16 points lower at 5.69d r.r" N v# k non K<tiA. NEWS AND GOSSIP Of the Fleecy Staple. for middling on sales of 6.000 hales. Futures opened slightly hotter than ex* neeted. hot closed at a full response to the decline In New York yesterday. ta New York, prices opened slightly low er ami later declined a few points further, after which trading was dull, with fluctua tions covering n nnrrow range up to mid *ft' fs reported todg> that Theo. Prlea la 0 "«»| h «*wn r A-'pOTt* r.rrlpt. of 2.100 nnf hair, todar. Sa-nnnah 1 non- and tlmntoa Sal n.w ninkln* n total to rtnte at lion* wi of 7.151 lioloa. crop report, rontlnim of fATorotiia tenor, the M leering hoi OK roeelve.1 today: lim-attir, Ala.: "SprlnKTllle. AttaJIa, Uailslen. Uonterarllle to HuntrrlHe throoah mountain illatrlet and alone Tenneewi river rrope are vory One l. ..■ek late; flelila eloan. plant rl*oromo »nrt frultlne well. Weather past week Ideal: partly eloudy and warm, with acattered ihowera. hut no »l*h of alwddlof ; naOMila. Fayette eounty. Texan: la camhi* In rlelit along. The negroea have de»erte<I loe town, for the cotton held*. All the farmera are eomlng for band*. Boll weevil, are getting tiumeroni In pome flelda. It la now feared that the rhowrra will bring the teef worm, whleh. If It la not polaoned. will deatroy the rotmt eotton. whleh la now making, r~- (a moat jiromlalng, the old haring real ' superintendent King of the Xew York Cotton Fxehange mnkea Jhe amount brought late eight for the week S3.S91, agalnat 30,183 Tmonfff brmjtbt Into tleblfnrjbe tonton to date 10.MI.lo7. agalnat I3.431.K3. Weekly Interior movement: IljeelntalJ.- rn. ngalnkt U.l« loat year anil 7.513 In 1804. Shipment. 3M37, agalnat 44,310 laat year •ml 10.041 In 1004. „ „ , , , Stork* 130,015, aganat 137.735 laat year and 46.055 In 1(04. SPOT COTTON MARKET. Atlanta, qnlet at lOtte. New York, qnlet at lO.Ofta. New urleana, qnlet nt 10 5-1 T.lrerpnol. qnlet at 3.03d. Angnetn. atendy nt 10’Ae. nt -10 3-lOc. 10< charleaion, ateady at fo5*e. Memphla. qidet nt lOttc. Oalveaton. quiet nt lOHo. Mobile, quiet at lOe. Norfolk, qnlet at J04c. — nominal. quiet nt 10.I5O. LIVERPOOL COTTON MARKET. _ — Cotton. •pot qnlet. with prleee eealet: middling uplande 3.^*d: anlee 6.000; American 4,500; •peeuintlim and export 500; reeetpta 1,000; Amerlran 100. Puturet opened eaaler. Opening l’revlona Itenge. rioae. t'loae. Angnat 3.45-5.4! *.434.43 1.50 Aiieu.t.fient ... .6,40 6.40-5.41 5.464.46 .6.474.35 6.334.34 5.414.41 ..6.334.34 6.314.33 6.33 . .6434.34 6.614.33 0.13 tit m °fl 1st*; at 12:15 p. tn. 3 down «m August £ n ? d«»wu oa nalane* and steady. Hales 6.<XM. Spot* 1< down at l.flld. Fu- turea due t« eouie 6 to 7 down. Liverpool rahie says: "Kseeptlag near posit loos, market steady." Market h«Ty In Sew York on general telling and llquidnttnn of long cotton from Liverpool nn*l New Orleans. I’rlce brokers hare been rather heavy sellers since rhe opening. \\ enther conditions continue Ideal. We are firm believers In lower price* for cotton, aud advise Mlea on any rallies. Ho tslnly sell It. "ndertooe a little better and looks like ()u an advance wo Q|BU IllTer & l*p. are hlg sellers of October, li. HI. rttory have generally been more favorable during the past seven days. With the ab sence of excessive rains, the growing crop weeks form the critical period for the Ive <mtlinate wo lodge that the growing crop Is now folly two wsks later than nov msl. Little further <nn be added at this writing, except that the outlook at the mo ment Is shout at favorable as could be ox ported." New Orleans, Aug. 10.—Liverpool wsa doe 4% down on New Orleans and • to 7 polnta dowu on New York.. Up to 1240 p. market was good enough. Spanish mills nre making good I...... large lota of cotton here for Immediate shipment and middle of September shl ment. Much of the telling appears i come from longs. Manchester cabled nt 2 p. m.: “In clotht buyers sro operating lest freely; yarns are In limited Inquiry." TRADING HEAVV IN UNION PACIFIC It Was Opened About One Per .Cent Over Yea- terday’s Close. GENERAL LIST DULL Net ttockn of cotton In New Orleant I*,850 bales, against 60.833 Inaf year. Amount of cotton on shipboard It 16.BS bale* and last year. There Is no reaction Ih sight yet. The old-time I lulls nre either on the fence or else srs short, snd the reactionists lick or* sanitation. Factors nre offering aext to nothing, and the spot market la really uom- Private Wire to Othert A Hay. New York, Ang. 10.—Llvefyool at 1140 p. i. wat 4 to 6 down. Was due 6 to 7 down. Judging from the signs here. Price Is get ..ng on the short able, so wc may soon ex pect n report that the crop Is promising. The Journal of Commerce sayn: "A11-near by dry goods nre firm and bayeca are ni ls* rood* etiodgk to wo ground, hut In some ■ * ’* “ sent demand Is revirtl In staple line* until the end of the'rear. —LI New Orleans, down la ns expeetei York. though Price says Improvement haa occurred In '^Understand "iTico^I* out with a lieaf elf- I.lrerpool due T down on New lork and 4 to 6 down an New Orleans. rally Is due with such good crop prospect*, It ft believed that even a moderate ad vanes will Induce fresh selling. Profit tak Ing by shorts should prevent extreme de cllnes. The demand and strength of spots It alto a feature of resistance. Todny'a map shows good rains over the ..orth Central portion of the l»elt; other wise. the weather I* clear tnd dry and and looks lower. hat •nap Nept.-Oet.. . Oct.-Nov. . . Nor..Pee ltec.-Jsn, .. . ‘ -Feb. March 5.17 -JS April. , , Af April Msy I.» Pk>sed easy. £sn.-F feb.-M March 6.48 TODAY’S PORT RECEIPTS. The fallowing tatile abowa reeelpta at the fori a today, compered with the nui* day fail year: ATLANTA MARKETS. FRUITS AND PRODUCE. Olflvlnlly corrected by Atlanta I'ralt a at ■nchee. per crate, (l.nofi; t aeapplee, SA-BO to 3160. nanaa, atrelclita. t<e* Itnoch JI.50 to . Cnlla. l-er hunan. Il ro 11.35. Iternieln-s T.50 to 33X00 per 100: da. “f-OuRilV AND COUNTRY PBODUCB,- U„ bene 85 to, 3754c: frlea =54 to gc: liroUera IS to 3Q4c. LI re docke. Pekin 3t ™ n-^COTic «o Dreoewl bene. ptr l.... te(Tl«7 p«r l fh?. 'Si' fo 3354e; cook ie . INTERIOH MOVEMENT. The followlnr t*Me ahnwa receipt* nt the Interior town* today, compared with the •ante day laat yenr: Houston. ... . . Augusts. ..... Memphis. ...... Ht. I .mils. . . . ('Incionati. .... Total. M 1304 287* GIBERT a clay s Daily cotton letter. Ilrlmat. An*, in.-In the early tot- •ton cf the Liverpool market, option* were ’*ry steady, but later. Influenced by a fslr •mount of selling for account of American prices were depressed until ’ of fi points. •buddies. vtlne* showed a • loss of 6 points. Hpot Trnn*nctlons were quoted 1« points lower. *»to* amounting to 6.000 boles. The only d-reiopment thst chsrscterUed the day's 'fading was the failure of the expected ration to materinllxe. on this theory. 3 u *te • lot of cotton was ImughL not only yesterday afternoon, but also during the 3* k r, y session today, which was liquidated the weakness of the market became "pparent. A fair decline ensued, hot prices "tore of leas assumed a drifting teadenev. 2» ,, « tfc* spesmodlc covering of satis* 2 1 short*. There upper.re ?-• I»e no In* nuetjre at the moment sufficiently »trong m more than check the declining tendency ,)f market prices. Whatever the merits lb,; Id Mb. rteks 10 VEGETABLES.—Irish pofafaes. Na Ilouey-Ktw olk. VBbr.i Aoi4r.o.-5ii»*a stock 14 Imrret; No. 8 slock S2.M. Old sweet potntoc*. per bu«lMd. 81 to 11.21; new sirset potatoes Si.50 bushel. FLOUR. GRAIN. PROVI6ION8. KLOUn— J'astels 1’ntenL 15.00; J^lamond patent, |6.M; Mnscoutoh Star, 56.00; Dim r, S4.66: I ; Blue iUI iuSiS patent, 34.65; Bel Male. 31.46; boo:*, J C’uilN—rnoicfi re^ •H»IH iuc; i\o, z wuite, 71c: No. 2 yellow, f4c; mixed. 78c. OATH—rnolite white clipped, I2e; eholc* white, 60c; choice mixed, 43c; Texas rust* ** 3IKAI*—risln water groan 78c; Mtrd 140-11*. Jots5. per Hhurts, white, fl.66, medium. 81.40; brown, II.®: pure bran. $1.10; mixed l»rsn. 11.05. »?ussri»( i % % s teJiW CLOVER,—Cbolee (Or. The abore prlree are 3. n. t>. Atlanta, and ■abject to 1 ®nROCErTeS.’ SUnAR—Btaiutard rraniilated. 36.36, New York Itertned. (14: plantttlone, 6H- Market 'coFFKE&-Roa,tei! Artmekle - , 31430, Imlk, In >-*• nr Imrrele, lie; (reen, 16 to iv Market strong. "cIIEkRB—Fancy fall ciyam dairy, 1454c: twlni 14e: lirlrk. He. Market atron*. Bapretne lanl. 36.76: Bed Lroee. fee. 8i Ittilt eomponnd, 7*ic: Red Crooa. 7He. THE "DRY GOODS MARKET. ket wee .Iron* ainl prleee were, rery «rm. — Jotiliera ere .Inin* a very Ur*e trade .emmet In dreu «n«to ami linen a. An an neal hae I teen eent oat for tbe eetahllah- FHrnt of a ellk romlltlnnln* bona. In New York, aa ibla port la now mM to be tbt larcent In ellk reeel pi* In tbe world. Dot. - Crooa Iwlllee, he, aenllment eeema ' one aeeord, end of the ettnetlon mey lx to he bermonlonely of . . gusm5 as eno*lltlone the! elfeet tbe erne from day '* C. ALABAMA ST. Jew York GIBERT A CLAY STOCK) STOCKS. SONOJ COTTON, CRAIN. corrcc, provisions ICMSCRSi ATLANTA. OA. ^e-ttrt CVffM E«biS*;:|.N>« Orleena Board of Tre.Ie ii.lie.lon Cotton Ex.bei,,e. Private Wires to ell Eicberr.t- Lital and Ltng Dlatanoe Tal.phcna 52S8. _ W. R. FAGAN, Manaoar, Efforts Were Made to Open Prominent Leaders as High as Possible. By Prlvst# leased TYlra. New York. An*. 10 Tho market thlR morning aagtn moved with much nnccr- taluty. reflecting n connict of *t*cculntlvc sentiment ns to the Immediate tendency of f/rJcci. f Oa th** oao han<l, cull money lead ing nt v -f and 414 per cent seemed to many minds a wnrnlng signal that the crop mot- tng demands had already begun to press upon the money market, on the other hand, encouragement w«* derived from n •harp fall In sterling cxchunge, bringing the rate to within nn great distance frmu. the gold lint Dm M _ _ gmirutiuMit on th*’ grain crops hii.I anticipation nf n brilliant allowing from this quarter furnished nn little incmtlv# t«» the early dealings. Barring one or two Intervals of homlix**. the general drift of the market to midday wna toward re covery. l^mdon wes higher In all deport ments. and at the outset here there whs a further advance of nearly n point In tmth t'nlon and Knuthern Pacific. The reat of the list started fraptlonally higher, weakened ft»r a brief space, and then grew firmer again. A sharp advance In Nor* folk and Western, on what was unus ual activity for that stock, was a feature. * recovery In New York Central 8% i»er it Imnda, the decline In which on Wed-’ lie#d«y occffolonod sonic Iffile uiiensliiiaa was another Incident, and stUI another in cident, whirl) n stlmolntlng effea-t was n sharp relmund In Consolidated Goh shares. The stock market opened today under the Influence of the Impetus from yester day’s late rally. The general Volume of " idlng r I ~ • " broad to |»e made to Inent lenders transactions from JMtt to 165%, as compared with 15! last evening. Kt. Paul also njwnsd up most a full point. Southern I'acftle aim S a gain of %c and advanced Ue furttn •nnsylvanlft. Itablmorc and Ohio show irtlonal advances. Amalgamated Conn of the market after the first hour. log 2% points to 188% on the purel 3.000 snares by Chauucey a Co. rn rifle rontinued strong ntsl entirely re ,11 . ulon Pa* strong Risl entirely recovered the loss made tn the oarly reaction. Mod- gains over early prices were made ——...Joradn Fuel and Brooklyn Rapid Transit. Huts* Refining was exceptionally henry and deeflned 14 to J.'B, but fliirtua- tlons In the rest of the list continued nar row aud unimportant. LONDON*STOCfV MARKET. Chle., Mil. and Ht. Paul., Brie Ullnola Central....... imulsrllle ami Nashville. . i ninii 6 dcjnc, ■ , « . United Htates 8teel. |o. preferred. . . RANGE OF NEW YORK STOCK MARKET f Openllilghfl 3 »'- r Dei 94 MJ Atchison do. preferred.. American Cotton Oil...... BaltlnKtre and Ohio............................ Brooklyn Itsnid Transit Canadian Pacific cbtengo and Northwestern ('hejijipejike mid nljl«» Colorado Fuel and Iron..... Central leather do. preferre»J Chicago and tirest western Chicago. Mlluaukee and St. I'anl Dels warn ami Hudson DUf lifer’s Securities Uric do, preferroal,.;... ficnernl K.le<-trb HIIiioIn Central American Ice Herurltles Louisville an«i NHshritie Met ten it Central Missouri Pacific IMM . New York, Ontario and Western.. Nitlonal r^nd...... Northern Pacific.....,.,,.. New York Central Norfolk and Western renimrlvanin ............. ., .. Pr<’»*od Steel i'nr do, preferred PSftfle Mall uepubiic ’steoi.!!!!!.'.!! 1!!!'.!!!!!V.T...7.1711! I Hock Hlnnd do. preferred.. United States Itubber do. preferred., Southern Pacific ,,| Southern Hallway do, preferred... SIonm Sheffield ........ ........ Tennessee Coal and Iron Texas and Pacific Union Pacific United Staten Steel do. preferred Virginia Carolina Chemical do. preferred... Western Union Wabash do. preferred Wisconsin Central do, preferred...... Total stock sales today 605,600 shares. i l£ratf|Prur. CTssltlM {doe. i SnB JH¥FlBls : 140%. 141% © I cdU 6.x%j ®*4i m | •>% ..... ...71 iu m 162*4 tt2\ IMS MS IW%I n«%! n»i»*i liflWi ti6 * Klfl w(*l 1*2*41 82H 82% W% ....T| ..,7a .TTHi ....T^ to woC •Hi* iIl:- » I W ]-••% 121 , l.-Wfc lT-^s, IMS T*% :»*, Try n% 157% 15744, 167%, 167% l«% 1C% 2U4 f:\ft kS'4 MS issfipmpH i*i% i*i i*S| i«% -*■ 1s6» h . l.Mti, 230 220 Or* (DU 48% 43**1 G%] 62% M«* »r»s : 3N\ 1x5%' 18% 1»% lll% D5% MM Wl% tft 48% 48 MPMPPii*H !•% 176% 175% 176% 176% 176% US 71% 72 ; 71%i 71% 71% 71% 44 ]4«%! 143%! MI**- 148b* 1U% 21 21% 21 I 21*il :i%( :*>% 98% 84% flVw 91 RANGE OF THE COTTON MARKET AT NEW YORK. The following Is the range In cotton fu ires In New York today: " r • * t B !l i q*m I II 1 a * Aug Kept i * Feb Mar b.ci •'71 m 9.971 9.01 6 1 9.88 1$ 1:2 9.34-3* *!«M2 ! 9.I74S j is.! .46.48 .6145 .9746 .71-71 l*79-?8 ;p dJl-08 Closed steady. AT NEW ORLEAN8. Orleans today: TIPS FLASHED From Wall Street THE LEADING BULL HAS TURNED BEAR New York, Ang. 10.-The Sun says: sharp fall In cotton was due largely to news I of heavy llnnldatlon and hammer- Ing on lietter weather nt the southwest. Thera was very little rain In that section, ind tbe crop reports wsrr j - in the eastern belt, too, was very light, and some Geo'rgla 'report* were of n more favors We tenor riisn those • fNMt ‘ JUM — seM heavily In eota- pletlng the liquidation of bis longs, snd it Is the opinion of. the trade that he haa switched to the l»esr side. t?ertalsly, rakers who often trsdo for him were very .irge sellers, snd room traders attacked the mnrket with vigor. Rtop*l<>*" orders were reached, snd there wgg a lack of sup port. The Houth and Wall street sold heav ily. Liverpool was disappointing, and the receipts of new cotton ware large. Ifous- *un got 1.549 new l>ale*. against none last .ogr, while r " —- - - ng the new lie llquldstlc I some! til ng of g rally would not be surpris Ing. but. In the bearish temper of trade, occasional rallies on profit-raking on the short side of the market are all that tbe average operator seems to expect. Tbe weather, however, edntlnues to he clooely watched, and It will probably hate more or I*.* 6.fT*ct tiimn the emirs* nf rfIbm " X*w OrlMM Ao*. 10.—Tlmn-lx-mornt: Aw.ki-iiwl from long tttntrgr l>7 lnlll«l MMirr ,-llln* it Srw tan, pminni.lilr •or , *1n*l- .(intuit, moat .rtryltoAf rinmn. Ml nmtrxNa on th. rln*. and yrtlrnlnr t rotlnn mark.t waa lb. Ilrnt prnpiwlilim wlln.aM.1 In manr . da*, on i d.rllnln* ra.rk.t, all I>pttml.n] In th. rrnp pnnwM-t M>m«l tn th. anrfa-". and nrdlnarj folk* at. pmn. to fnr*.t th. fa.t that w>m. tr- and la .holrln* a dMddnl |irofrrtnc. ... _ •ni.ll war fnr lb. -aliorf aid.. Tbna far, th. apnt mark.t haa h.M th. radlMit ap»V- —t. rl.ni.iit In <-bM-li, bnt ahmild lb. nr ahnw an* ill.pn.Hlnn In Urn nna. n.»- rnttnn at a prlcr wMI nndrr th, mtrktt. toilro t»ort‘ tolling In rafotn. nld follow In ,ln» oril.r. At tb. mo- mmit. tb. wntth.r map mag mak, nr mar th. — but ir ft . , Halt*, and rh-j will probabl, m-.t with fdrtbrr ,ih*o,m nnl«a lb. apnt mar km or Ih, crop wmithm brln^a ahnnt . *t*r. R.- a.tlnn. nf mom nr Im« Important, .houId nun,, lint for Ih. tint, Vln* thrr. la r.rj llttt, mild Indm-marnt in bull tb. '—*- —— out - ‘ — irk.t ml hr rmp pnmpmta. .ball bar. ran ’onI nf tb. fkniw-rF prm-narHrMl prim Id mi. Tb. arbltraniMit ih.maft.r will doubt 1m. b, mwtlr . mpriltlnn of m-mt blator.r. for tb. f.rwrr hit lotrtiol bow to rnflmn ra«l of th, pmdt hi. raw rot- ton Mirna. and nur a*aln Ip. miu.im! nn tn mak,_ th, attnapf In tb. moat .pprorrd aaj>""ll ar. St iwtanil, , L. J. ANDERSON 4 CO'S. DAILY COTTON LETTER. N.w York, An*. 10.—Lfrrrpnol fnt.rm oprnml 4 to 6 t«pfnta lowrr ihla mornlas. whlrb w*. mmirwhat li»tt.r than ,xpmlr«l. Tbla lorn. how..,., wu lormamd to r, point, on tb. rloM>. In tb, rurl, Irmllu* th»-r** wa. IK dlapooltlpifi to tamvl tb Mrtk, of ib-rl; handa In harlmr bmalla* up and fmtfht fnr S.w York inntln* nirntn Ib-lnwnm and llmlaon offlolnla d,u>- ru xuoml nrappllatlnn. iof I'anautan road. RothMom su'd .xp,,i. to «hnw dwri'a.. In ,aralnna In ritn of w-nmltr of armor- plat, p'onlra.ta. ... Ordrra for 20.IVY. Inaa nf alM-l tall* .1- pmtnl In Iw plarrd In Ih, n««r fnlurn. ntookt froolr off ortnl In I ho StfB oroird. llarrlman Int.rrat wlna In W,lla-Far*n t'nlon offldala admit comp.II tlon of Am.rlran Td.phon. i-ompanr • Ion* Ulatanr. M-rrlc la affiwlln* Mirn- ln K'ndon fortnlghtlr a.ltl,m,nt lw«liia on M Two!r» Iniluatrlala dm-llnml 46 prr c.nt. Tw.nlr artlro rnada dmllnml .10 par rant. Prirat. Wlr. lo lllbart & Clar Prlvnfn Wlr. to War, ft !.,lnnd. N.w York, An*. 10.—lamiton all*bllr higher. stocks nlHindant In loan crowd, but pool manlpulntlou In 1’ennsylvnnln tind southern ‘"urine will doubtless be eetiflaaed. confirmation of liumper grain yields fleeted by the government report. Untner look for nn unsettled mnrket, psperlnlly If money flurries develop. On Sharp recessions, would favor taking i Hfeels ond the low prleee southern and western rntle. m nv Considerable selling In Ht. I'nnl nnd mar ket wenkcnlng sll around with rwllslng on upturns In lllll Issues. *“ rather shore parity. don quiet, mostly H ■ jy, York, Aug. 1&—Marshall, Hpnder k «rc not preps real for further se- rtnna UqnldadM Iq tt, mark.t loda/. la. bnw.rW, unllkatf Ihnt auppuri mm, fmin Ih, CMMf.1 paMli until »pm, ill.[dar nf fttr.nath hn« ben marb- a. a ro- anil of iMdaraklp by lara.r ini.rr.ta. Th, N.w York Cnanctal HurMiu ttyt: Il.r,l.pm,nta or.r rilulit arau, for amn# ■trrnxth tmlar nn th. itamanlra *™>d rraf report to l»c published around noon, but we regard the technical position of the market as a whole not very strong at this time, meeting stock on rallies In many rases, perhtip*. Influenced by the western calling of loans here te withdraw balances frotu New York for crop moving purp*»ses. thereby firming call money rates, which mqst earr/ mer til! Monday when made must carry over till isaMgy raday. snd thla fact, with the of an unfavorable bank statement, will, we understand, cause bearish operations l»y the pmfe<mlonnl contingent. We advo cate a neutral position Involving the sell- Ing of vulnerable stacks on rallies, nnd fhe buying of technically strong lasses on de clines when wenk for turns. Newt con- eltnea when tains Items of minor Importance, the gov erning factor now (wing th Judgment, iy In our and nil features concerning It should l»e carefully studied, plB rain of demands iindf security congestion may exert s formidable combined pressure upoti *j#r centers prcicoring anj bull market .nn»M|t.,nM- ««w, — COTTON SEED OIL MARKET. Hon^wl oil was moderutciy net Ive olid heavy. This applied more particularly toi the late deliveries, which were Infinruo-ed by the weakness In cotton and the favora ble weather condition south Slid the Im proved reports regarding cotton. Ncnr-by deliveries held rather steady, ami there was no evidence of particular pressure. KoniA sup|H>rt developml In Keptciultcr. The fur ther weakness In the lard mnrkef also tended to Influence the local feeling. T»-| ward the close there was Ing. snd price* advanced % ' opening.—Ware »v Inland. August. * Heptrmber.. ., f)ctoli#r Kovemher.. .* ,, Itpcemltor., *, «. Jonunry.. .. , Hosed steady. NOTES ON GRAIN Pointers on Provisions. Private Wire to Ware k Indeed. uhlregn. Aug. R-la spite of ear ••Ubo In wheat y eaten Jay. Urerpeol rotnea higher. Insik for a firmer tone to tbe wheat market today. The crowd are Inclined to h»ok ou the cables with ansplrloti snd ere selling wheat opening. I Oats ojK’iieol steady with trade light. Bartlett, Frasier k Uo. about best seller of Ncptcmlwr.^^^H ■ ZT Bartlett. Frasier A uo. Imlted the Hep trmlmr «H»rn from 49 to 49%<? •***! the Up cciulier ami May followed. Ilclmhnls nnd Harris Scottett took Msy. * IBooks Hie Curry buying. The hedgers have sold s little wheat this morning, ■■■■■■■■■ The government reinirt this aftcriiiMm dvrs the reserves of old oats In farmers' K ids August I. March 1 stocks were 87V <Mu bushels, or ti.s jier i‘ent of the crop «»f 1906. A reserve ef 7 per cent oa August l will shew 44.115,*m» bushels. Ust year the reaerre wot or trtk per cent of the crop of Bs»l The largest reeerveu In re- ci'ijl years wjis 73,100,000 bushels, or 7,1 per - jeeps up. and wllb |ouer prices has roused »* lower provlybins market. Cudahy a oeller »*f penr-l»y bird with shortR Iwat huyera. If tbeoe liog n*- celpta continue product will aell lower. I log price* tmlay are asme as a year ago. 1 lard %c higher Think psrkcra wntih p«*Tt th- mnrket when there la suy I tlon of ler-np (a hi*g receipts. Chicago lateMWepn: The government rs- port, Ih be Issued at Ike Hunt of Chtcngo to day, will give the yield 4»rr grre of winter ob it, the comlllbm id spring wheat, corn anti oat a. ami the otMtitlty of imIo from the 1*11 crop remaining. The popular Im pression of the trade Is that tie report will lie bearish on winter wheat, but that It will be rather bullish on spring wheat. Uerebvpment* In the provlahm trade am being watched with much Interest. The _ ——-^**4 — with packers, wko bad 1 _ should hare beep over a month ago. quality and weight of tie hogs now arriving nnd those tfi»f have tieen raining for ths last six weeks are more Indicative of an In- erssar fa feeelpfs thnn ffisy ire of a railing -a. •-*-*% in ttu* pit nevertheless are the Heptrmber deliveries In making short sales, as they rncogttlte tlio iblllty of the big packers to make arbitrary l*rlces fnr them. In Uctidier end more dis tant dcPvcrles. however, the situation In different, and the auialler Independent pack er la expected to take n ham! Iu the pro ceedings soon nnd market a gotsl deal of r with the Idg parkers here, Inrher's cstlmnie nf stiM'ks of pro- la ch!< n»t* shows 21.760 barrels pork, 40M* tlerrcs lard nnd 30JO),um {NHIMIB rllw. Mills wheat stocks show 90.640 .jecrense the last five days, com pared with WXX0O0 decrease the sumo -period n year ago. The continent was In the mnrket far hard winter wheat yesterday, being tlio Imat buyer, sml has (teen fnr a week. The Kug- llan markets were suiklng m» bids any where near a workable basis. Harvesting Is becoming general In Mani toba and Haakatrhewnn. The crop In Moo* katchewnn la turning-ant heavy aud uni form, while the Manltotia crop ta not ns giMNl. nn some of the old ground yields will l»e compiMlively light, WsstUcr **on- dltlona so far are |»crfert. 'Hils Is cow- firmed by a niemuige from Premier Itnhlln. of Mnnltobn. who uuys harvesting Is In bill ■wing, under the moat favorable conditions. >1 tn today. .............. pPrwiy* will glre mnrket encouragement tn the whrnt buffs. The buffs* fond fs not going fr» l»c much. If tiny. Increased for the next two i»r three weeks. Mnrkets should do ludler tn- d»y. Hee nntlifng te favnr stmrt able nf corn now. fiats should do o-onsblernMv Itet- n late RioTcaient ond damage by rains. heavy run of hogs has nlsy- i sll the calculations of the «tl figured the Ng uMrketlnga eetf over ft mouth ago. The GOVERNMENT GRAIN REPORT. WHEAT STARTED LITTLE_CHAIGED Heavy Downpour of Rain in Southwest About Only Steadying Feature. SENTIMENT BEARISH At the Close Small Deeliues Were Shown in Wheat, Corn aud Oats. ny Private Leased Win. Chicago, Aug. 10.o-4*laslng price* rlmtv* ed wheat %0%e lower, com "tf. ofltu lower, and provision* i'mioc lower. Indications point to a record crap .»f wheat In this country this year. 288/KiS.ano bushels spring wheat find 493/onoo h«ish« !s winter, .»r a total -f 769.900.000 busbeia Jotutly, nr the largest crop «m record. A total ran trap ,of J.S66.'*»*.(*»• i.u*t»- cls la promised, nnd au oats jlpbl of ao,- A TMs0 bushels. The condition of spring wheat was placed by the gmrernmsut at 65 9. snd the * rlnter wheat per sere M.7 Con- corn 88.1, oats 12.1, rye 911 m. l iMirley 90.8. The under itrlce twin* lowered by the that document. Primary c.- i ipts nf wheat, ^bushels si id corn 2m.'Ou bush-lsi ciimpsre<| with 985.000 and 4M.000 bushels, resneetbrefy, a year ago. I'learanees for the day. 148,000 bushels *.f wheat. l?inoo lottshela of corn an«! 18,00 bushels «.f ..nt*. CHICAGO GRAIN MARKET. Chicago grain and provisions quotations for today follow: Open. High. Ijow. Close. C>« STOCKS REVIEWED B YNEW YORK SUN New York. Aug. 10.—'The Bun says: A* a rule prices suffered fractional declines st the opening, the only notable exception be ing Pennsylvania, which opened slightly there yesterday’s close. From the start emiflletfng Inflnetices seemed to be at xvera, the effeet of I'etinsylvanln ns nn iiidnddcr of price* having rooftrnrtel 1 be rji-rlhw Id New York Ueutral symiiatbetlcalty with the foil In the price of this company's 8% per cent tionds on the dissolution of tbe under writing syndicate. Irregularity *n the general market re- suited, hut when it was nrttintinced that the Pnlon Pacific executive committee had taken no action nn the dividend question speculative Interest loeesnie sellers on g considerable scale, and the selling move ment received additional Impetus anon after ward from the advances In the rates for rail loans. The ease with which prices wrent off In the early afternoon Induced many holders of atorks to port with their holdings, while the sncreedlng recovery had the effect of leaving sentiment Very much ‘iscd at tbe close of the day.—filbert k THE COFFEE MARKET. New York, Aug. R—The opening was at decline uf 6b ift points on nil months except October, which was unchanged, nnd the market ruled barely steady during the forenoon with trading much less active than recently. liming wn* evidently checked by flic ensler prlmnry markets nnd the failure of the Ksropcga markets to respond to our market yesterday. There SOUTHERN EXCHANGE Otdwt Katnbllahcd Off l» - Botith. COTTOH' STOCKS BONOS GRAIN Ground Floor Gould Dulldlng. Daily market letter and market manual mailed on application Ing board of the ftps. . today made the following report volitions: Corn, average condition m.1 on , ms compared will! *>7'. Inst mouth' RD m August 1. 1!*®: 87.3 nt the corresponding te In 1!W4, and a ten-yeor average of 84. dorlng wheat, average comlltlon August 1. 96.9, ss rornpare«1 with 91.4 last month. S9.f on August L UKA. S7 6 at the correspond ing time In I9M. and a ten year average of 82.6. Winter wheat, preliminary returns Indt cste a crop of about 448.434.000 bushels, or an art '* pared ns finally estimated. tints, average condition on August I. 818, ns coinpnreil with ft last mouth. 98.8 on August 1. 19-A. Proportion of oats crop Inst year still In farmers’ hnnds, estimated 7.1 per rent, nt compared with 6.2 per cent of 1904 crop In farmers’ hands a yenr ago, 6.4 per rent of the 1908 crop In IuiiuIn two years ngo nml a ton-year grerggv* of 7.2 per rent. Tobacco, average condition on August •7.E ns compared with 96*7 last month. .11 on August 1. 1901, Alt nt the corre- spondlnr date In 1904, sad a flvs-yesr aver age of 18.2. the marketa there seemed qnlet. ■ filkert k i'ta y Fidlowlng Waa the opening range and close In the New York coffee market to- Opening VfSSiffn./: ::T§I' March April May. .Tune.. .Inly.. August.. “ Keptemlwr *• *, t* ,< Kept..,., Bee '&RN- Kept Her liny.^. OATS— ept..... - oKic- :1 Jv,i mi PRIMARY MOVEMENT. The following figures five the primary lovement * if wlieot nml enru: Wheat Itccelpio. today WUW basliels. ngnfiiRt UB.oo l.tikhcl* last year. Hhlp- • today I.018.001 bushels, against 400.- .-itshel* last year. 4’oro— Itecclpts tn«lfly '277.009 liusliel*. sifu11»«f |o|..sm 1 > 11 *• l»e 1 «6 last year. Shin- incurs i.ii|,1 j 86*.00i) IfUshels, ngnlust 4lVnoS bushels last year. S’ 4 71% 72 .4% 73% 7W4 nt 76H •Jk 19 49 49% 8 St •» H% 45% 81 a 1 .p ; $4H 81 83 «% .96 16.92% 16.87H 16-90. ,8714 13.90 13.87% 18.17% »• 8.70 166 8.70 :St ar* w ; m h. *:* 7.45 7.4* T.42H CHICAGO GAR LOT8. When!.. , ('on., ,, Oat*.. N0nTHWE8T'CARa. Todof, Wi-ek. LIVERPOOL GRAIN MARKET. Wheat opened unchanged; 1:80 p. m , higher; closed % higher. t’orn opened undnngcfl; 1:20 a 01. 1 changed; cloned % loWcr. THE LIVE STOCK MARKET. By Private f^nsad Wire. Chicago, Aug 1* 110*1 Bstlaiitnl ertpta ladar 24.w Mnrket weak »•» . - illjr fair: y fair: lef: .»rer 7JP; hulk flmatrd f..r imnorrmr if.oort; .904(8:7%- ml veil ranw. 3T>: Ii.-Sir l6.KSlfri.3n; rough 16 6905 73; |d*s 6*. A4l#l; rkers |4.20f(d'A; gotwl to cholcfl he*»y 2906.89. ' Cattle—Raft mated receipts l.vm Mnrket strong; qimlity fnlr: I'cctc* |3.lu)4»i.F>: raw s II?/1 3; l. -lfcra I.* Wifi 30; 6’ftlvr. 15817; r*vvl pr ime steers 36.1WKO; poor to medium 13 SO IBklO* stockc Khe*-p- |-> tin 1.-1I iy; qiwllfr I? 40U4..W «*.••»> Mnrket ex mm.yt; KeptemlW 1.0O-i,(k 6*994.46 October f.fl57.19 • AMm November ,,7,06-7.2> C9C-7.06 December ; L19-7.ll IS-T.W Cloord Imrely sfeady. THE SUGAR MARKET. By Private f.eased Wire. New York. Aug. 1> -Ixm-rI refined raw sugars steady nnd unebsngad. don l*eeis lower; August 9«t %«l; Hep ner 92a 141I. Ir from tbt nooning. Itrgt *-llln« »rd.rt aiiDMrMt In thr rln*. amt prim. a*nln KKh» « t»6l. OrtM-r .Wtlntn* ,o »A4. It mol tbovgb nt tbn* low* prior, thrrr wtt morr wimn*nn« tn »nn ic. ti n rii mj.y-; ttrj* i: aksrrsjft tImM, t» *" -twrl at thU tlmr. LJ. ANDERSON & CO Bankers and Brokers, COTTON. STOCKS, GRAIN COTtqondiirs Capital $250,000 hKfKRKNCC. THE MCA|. BANK SHONE 1447. eaUnCNTIALDLOG LOWRY 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. Ass't Cashier. trv Offraas. COTTOfVGRAuL ^R<^ISi5^StO<?KsPbONDS, Ns. 2 Will St., bfm Btllfli§. Alfalfa. 6a. MtHBlMS: In r.r* Cttn. ttcht.tr. Chltt,t e..tf tl Tr.U ... Srtor, err*, ittit.,.. ^ V.’r* t7".'luZ„. Lhtrout! Cattaa Auadatlaa. hl'at' WIrat ta New 1*B. Haw Orlnat. Cfc/rape- Ball Piece 1242. Slaafart MADD0X-RUCKER BANKING CO. CAPITAL 6200,000.00 SURPLUS AND PROFITS .... $500,000.00 . ACCOUNTS INVITED Wc invite accounts of individuals, corjtoratlons. banks nnd bankers and offer the Inst terms consistent with conservative banking. In our Savin*-* Department we nllotv Interest at the Rate of 8 1-2 per cent. Compounded Heutl-Annually