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

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THE ATLANTA GEORGIAN. F1*in\T. Aim ST in. lnnn 11 JOSEPH B. LIVELY! ' " — ' " l< 'N Mr. Lively’s 26 years* experience THE GEORGIAN’S RECORD OF MARKETS AND FINANCE =4y IN JJVERPOOL Middling Cotton aWs Quot ed 16 Points Lower on Small Sales. futures CLOSED EASY Sentiment in New York Is Bearish on tkp Excellent Crop News. g T prlTitn Wire. Sew York. Au*. 10.—The undertone of Ifc, local cotton market at the outset Some of the Idij room opera' tm Iwndit new crop months after the call, but most traders were In no hurrjr to Mr . r aborts, despite the fact that many 5 them had a good pfoflt. From the standpoint of the snot cotton Solder, the I.lrerpool advices thfs morning sere discouraging In that spot In the Birket was quoted Id points lower at t.68d tor noddling on sales of 6.000 hales. i'ntures opened slightly better than a- Meted, hut closed at a full response to the decline In New York yesterday. la New York, prices opened slightly low er and later declined a few points further, liter which trading was dull with fluctua tions covering -* nurrow range up to mld- *|t' la reported today that Theo. Price Is •a the bear side. tlalvcston reports receipts of 1,100 new bales today. Havannah 1 new and Houston 6 nes-. making « total to date at Hous ton of 7.«M hales. Cron reports continue of favorable tenor, the billowing being received today: liecatnr, Ala.: "Sprlngvllle, Attalln, Gadsden, Ounteravlllc to Huntsville through monntaln district sad along the Tennesace river crops are rcry line, lint a week late: flclda elentY. plant vlgorona. and trolling well. Weather pnat week Ideal: partly cloudy and warm, with scattered itmrera. hut no sign of shielding yet." Flitonln. Fayette ronnty. Tevna: "Cotton It coming In rlatllt along. The negroea here deserter! Inn towns for the cotton Acids. All the fnrntera are coming for bunds. Boll wcovllt arc getting numerous la some Heidi. It la now fenrerl that the abowera will bring tho leaf worm, which. It It (a not poisoned, will destroy the r ug cotton, which Is now msklug, and most promising, the old hsvlug censed '"superintendent King of the New York NEWS AND GOSSIP Of the Fleecy Staple. Private Wire to Were & I .eland. N’w York. Aug. 10. Liverpool futures opened feverish 5 down ou sear and 4 down »t 13:13 p. in. S down un August S . 4 «■ tie la nee and ateody, Balea KDOft. Bpnta l« rlriwn at S.Od. Pn •turea dne to route I to 7 down; Uyerpool cable saya: "Bseepiing near poattlona. market steady." Market h«vy In New York ou general •elllng and liquidation of long cotton from I.lrerpool and New Orleans. Price broken have I teen rather hoary aellen since the opening. Weather conditions continue Idenl. We are flrnt believers In lower prices for rotton. and adrlae rales on sny rallies. H* talnly sell It. I'ndertone a little lietter and looks like might Improve some. Ou sn sdvsnre we would sell It. Nehlll offering 5,000 fleccmlier st f.J*. Wiggins sold 10.000 October at ».& Miller k Co. sre big sellers of Oetolter. . Lesser-Cold man, St. Lonls. furnish t following weekly crop report: "Wenther conditions In southeast Missouri, Arknnens and the northern portion of the Indian Ter ritory hare generally been mere fnrornble during the past seren days. With the ab sence of excessive mins, the growing crop Is progressing antltfaetorilr. I r ' of only scatleretl eomplnln fields, worms and very (Itlle shedding. The weeks form the critical period for the weed, but It will take most nnnsnal and nnfavomhle weather during that time to prerent the territory named from having a good average crop. On the other hand, with anything like seasonable conditions, the outturn will prove considerably lietter. * - Indicated In oura of August 1, wo do not i for as early a movement In onr terrl- try as previously ejpeeted snd ns s conserv ative estimate we Judge thnt tho growing crop Is now fully two woks Inter than nor- Uttle further can he added at this Tii pceted." ITp to 13M p. in. the inrun w»i kuou enough. Spanish mills nra making (rood bids f< large lots of ootton here for lmmedia 1 shipment and middle of Keptembor »hl; lent .Much of the telling appears l line from longs. Manchester cabled at 2 p. m.: "tn cloths borers arc operating less freely; yarnsvare In limited Inquiry," Net stocks of cotton In New Orleans 11,353 bales, against 60.933 lost year. Amount of rotton on shlphoord Is 16,851 lmles snd 17,238 Inst year. There Is no reaction In sight yet. The -jd-tlme bulls are either on the fence or else are short, and the reactionists lack or- ffflnltntlnii • nr«s nfTnrlnv null to snd mm In 1904. sgalnst 44,310 Isst year SPOT COTTONLMARKET* Atlanta, quiet at lOHc. New York, quiet at 10.60p. New Orleans, quiet nt 10 5*^6<?s 1, quiet nt 5.1“*^ steady nt Liverpool, < August a. steady nt ''Wbic. Hnrnnnnb, easy at 10 3-16c. Rt. Isonls, dull at l(Wo. Houston, quiet at 10%c. charleston, steady at lOtfe. PtalUnli LIVERPOOL COTTON MARKET. American 100. Futures opened easier. Opening prices easier; - r ‘met. receipts 1,000; uplands B.fed: sales 6,000; American rpeeuLitlon and export 500;r Rrpt.-Oct,. . . Df't.-Nov. . . . Nor.liee Ittr.Jim £«0.Feb. . . Frl*. March. . *«rrh April. . AurlbMay. . . Closed easy. .6.40 Previous ^Iose. (’lose. S.42-6.43 6.50 6.40-6.41 6.45-6.46 .6.47-5.35 6.33-6.34 6.41-6.42 ..5.33-8.34 6.31-6.32 6.38 . .6.33-6.34 6.31-6.32 6.33 , ..6.31 .6.3* «.» •MS ’ ...6,37 6.36 . .5.39 6.37 . .6.89 6.88 6.44 ft 6.43 TODAY’S PORT RECEIPTS. The following table shows receipts at the Inal. Private Wire to Glbert St Clay. New York, Aug. 10.—T.lveryool nt 12:30 p, m. was 4 to 6 down. Was duo 6 to 7 down. Judging from tho signs here', "Fries Is get- ‘ng on the short side, so we may noon ex act a report that the crop la promising. The Journal of Commerce soya: "AH near by dry goodn are Arm and buyers are al ready stating thnt they set* n more normal demand for the fall season. In the course of tn or 60 days It (s hoped thnt there will ' ><Msn * *■“* * ... York. Price says Improvement has occurred In the Atalntlc states. Understand Price is out with a bear cir cular. ..... Liverpool due 7 down on New York and 4 to 6 down on New Orleans. Our early advices Indicate that the weath er Is generally favorable, and. althmfgh a rally la due with such good crop prospects It (s believed that oven "h moderate ad ran* ell*ie*r The demand and strength of spots Is also a feature of resistance. Today’s map show* good rains over the north central portion of the belt: other wise. the weather Is clear, and dry and (deal for further maturity. Market doesn’t act right; has no snap and looks lower. ATLANTA MARKETS. FRUIT8 AND PRODUCE. Officially corrected by Atlanta Fruit sal Produce exchange. Lemons. Limes W to <&c. peaches, per crate, 11.00491.60. Plnespplr- ** "* ** M Bananas les. 81.60 to 8160. lias. straight*. P-* bunch IL60 Culls. |»er buneu, II to $1.25. ». —- 100; < * Vv'a tennshi |7.60 to’ 820.00 per AND ‘ to i.iV 1 New Orleans. Galveston. . . Mobile Nernntiah. . . Pknrleston. . , Wilmington. , Norfolk. . . . Baltimore. . . Vw York. . . Boston Brunswick. . Total. . ^ INTERIOR MOVEMENT. The following table shows receipts at the interior towns today, compared with tbs “hie day last year: -53f Houston. . Angus**. . Memphis. . *(• Louis. f tori nnatl. Total. 1304 2978 3W m eiBERT & CLAY 3 DAILY COTTON LETTER, nriraiu. Aug. 10,—In ih. aariy an- •ton nf (h» Mrarnool markrl. rtptlon. wart h« lalsr. Inlnanifil by a fair I,“tonal "f sailing far nvvnont of Ansrioau •Ii.-Mlra. prion vm iloiimsMl until Anal v.lni', .hovrod a ton Of 6 jiolnts. Kpot Itomaotions wore qnoto.1 1« points lowor. “to, imnnntlBg to 1,000 twin. The only Ja-riopnsM, tut Iiwractorua.1 tho Aajr'a 'riOlng was tk. failure of the oxpntml I”-""", to natoriallae. On this .theory, OWto . Int of cotton was Urnght. not only Trit-nlsy afteraooti, hnt slso ilnring the “Mr wslon tMay, which was llqnhlstrtl *»,n the weakness of the market‘beenroe »l twrent. A fair Aeeltoe ensued, hut prion •ton* or less assumed n drifting tentltwv. *1 ”*. ,n lh. spaemodlo t-orering of aatla- aJi ,,1,>r, •• There appnra to he no In- Ooenve nt the raotSeiTt euffletcntly strong I" more than cheek the deellnhur tendency f market prices. Whatever the merits BKHDUPiDe Ho Be: paddle B to Zl\ie. L-imeed bens, per lb., 13: to Oc. ggs, per doseu. IS to lfc. [utter, .tshlej. por lh^ JO to SHct cook- 11 M lb.; In 1-lb. racko It O VK0BTABt,F.S.-Irlsh potatora. N stock St barrel; No. 1 ajook UM. Old awnt potatoes, per lin.he , |f to SL3; new sweet potatoes $1,50 bushel. FLOUR. GRAIN. PROVISIONS. KLOUIt—l’oatel. 1-ntent. tS.00; Dlamood patent, S5.S0; Mnanutah Ktar, ».«: fancy K tent. H«: Brol K.cle, $1.40; Blue lllblaih, ■ no: fancy. $3.W; spring wheat patent, $5.3 to $5.76. OUUN—Choice rod -ob. 76o: No. t while, 7*c: No. 3 vrllow, 7to; mlactl. 7Se. 1 OATS—t-holee white ellpped, Be; choice white, 60c; choice mixed, 48c: Texas ruat- r lIK'Al^rlaln water ground, .per bushel. Tic: leilted Ito-lli. Jutes, per bushel. Be; aborts, white. *1.50. medium. $1.4d; brown, 11.3: pure limit, $1.10; mlxetl bran. $1.06. HAY.—Timothy, cteaee israe hsln. $1.10: do. choice smoll hales, $1.06;. do. No. 1 timothy l*lcs. $l: drc. No. fc <[; dn.. No. 11 clover mixed, ILOO; do. Na 3 closed ^CLOVEIL—Choice 90c. S he itlHive prlre. nte - JeCt to ln'Uie.irote GROCE...... SUOAR—St.nd.rd grennlated. B.30. New York Itefluetl. 6!4; plantations, 6H- Market 'c&KFKE-Rossted Athockle’s $14,60, hulk, In hags or barrels, lie; graen. 10 to lie. Market etroog. niCE.-Carolina 4J4 to 7He, according U grade. Market rery strong. tlllEKSB—Fnney full erntn dairy, MUe; hnms ! S H. 15c. un salt extra mm, assy: "eiu ■ Ilia.. $10.60: fat Iwteke «e; plates.J gems lard. ».n-. Iled_Cross. lor. Ho Drift compound, 7$te; Bed Lrooo, 7lie. I THE "dRY ~GOOPS MARKET. I Private leased Wire. e ory goon, mi < acre very flri very large tra id linen.. An ap peal has been sent, out for the eautillih- iuent t>f a .Ilk conditioning house In New York, ss this port Is now raid to he the largest tn silk receipts In the world. ?iew York. Aug. 10—The dry goode mar ket was strong and prices wene rery Arm. The Jolihere are doing a very lerge trade In domestic dress goods a ml linens. An up- of the situation may he. sentiment seems to hr harmoniously nf one arcorde and founded upon prospect, of toraa »I£P»es. snd this reasoning Is fully justified hy the excellent progress nlreedy made by the growing crop nmf the alnmet Heel wenther conditions that affect the seme from d.y •• *■ ALABAMA BT. Cl BERT A CLAY STOCK*. BONO*. COTTOI HEMBCRli ATLANTA. OA. ; - r.rk Kto-k ExrhanxalNAw Origin. «’*.»»<.!. r.,? f 5“ Tork Cotton Exchange. New OrlMM Stwrk jwjlip-lMW* Jt*w York Coffew ExcSufBjNtw Ortran* Boar*! of Cotton Lx b.m.e. PHtU> Wlrw twaU EirtaM»f _ ^•caI and Long Dlttanct Ttltphont 5298. .... W. R« FAQAN, M«n*n#r. TRADING HEAVY IN UNION PACI It Was Opened About One Per Cent Over Yes terday’s Close. GENERAL LIST DULL Efforts Were Made to Open Prominent Leaders as High as Possible. By Prlrato I.cneM Wbl Now York. Amr. 10.-Th<* markrt thlt morning nngin innml with much uncer tainty, rcflcctlnj a conflict of tpcculatlvo sentiment aa to tho Immoqinto tendntcy of prlcea. On tho one han*l, call money lend ing Mt 4 nn<l 4H |*cr cent accmcd to many mind* a warning signal thnt the crop Ing demands had already begun to press upon the money ninrkat. On the other hand, encouragement was derived from n sharp fall In sterling exchange, bringing tho rate to within no great distance fr. gold Importation o *~ also baa the the anticipation of a hrtlllnn. this qunrter furnished no little Incentive t*» the early denlings. Barring one or two Jnferrnls of hearliif-**, the general drift of the market to mhldny was lownrd re eorery. Lnndou wqs higher In all depart both L’nlon «ml Boutherti Pnclflc. The resl of the list stnrte*l fractionally higher, weakened for a brief spare, and then grew firmer again. A sharp advance In N folk and Western, on what was unL_ ual activity for that stock, was n feature, •y In New York Central . -Irh a stimulating * effect sharp ftdHMitul In Consolidated Gas slmres. The stock market opened today under the Influence of the impetus from yester day’s late rally. The cenern! volume of A ^ large, nor was speculation Efforts, however, appeared a broad <$«• to l»e msd»“ i Inent leader. __ __ transactions took place In union I'nclfl from 166H to 156%, ns compare*! with last evening. Ht. l*nul also opened ur most a full point. Southern l'nelfle i ed a gain of ,s$c and advanced “ need %«• i ml Ohio n,l •■ha Ana«*onds, American Hmelt of the market after the tlrst hourT : ' eifle contlnm the loss made cu the early reaction. Mod erate gnlns over early prices were made n Colorado Fuel and Brooklyn Rapid Transit. Hngnt lleflnlng wna exceptionally heavy and declined Tk to 133, hut fluctua tions In the rest of the Ust continued nar row and unimportant. LONDON 8T0CK MARKET. 1 • ’t 1 •5 a 1 II 1 a [ Aug Kept < let Nov Deo. .... Jan. .... to:;:?: 2:22 9.64 n 11 1 2:8 1.83 S:« 9.71 H 9.96 9.34-33 9.46.46 9.46-47 9.64-66 ».2rS kg tl® mm Atchison. Canadian Taclflc Chic., 3111. and 8L Paul., Erie*. 111!sol* Central. soularllle ami NaahvlHe. . leading VnnsyTvanla. ...... Southern Ilaclfle Tulon I’nclue, ......... 1 Jntted fttntea Steel do. preferred THE LEADING BULL HAS TURNED BEAR New York, Ang. Id—The Hun saya: "A •harp fall In cotton was due largely to a re newal of heavy liquidation and hammer ■ on I*etter wenther nt the southwest. •re was very little rain In that section, -..4 the crop reports were less unfavorable. In the eastern belt, too, the precipitation was very tight, and some Georgia reports — - il*le tenor than tbotf rrrruiiy rrcriTeu, jhO reeent bull lendei Is understood to hare sold heavily In com “letlng the liquidation of his Jongs, and It i the opinion of the trade that he has •witched .to the bear aide. Certainly, SS —— r were reached, snd there was a lark of sup *—* The Booth snd Wall street sold hear- Liverpool was dlmppolntlng, and tho receipts of new cotton were large. Hous ton got 1,149 new bales, against none last ‘’••r. While the Month wns said to bo offer- .Of the new crop freely. After such dras tic liquidation and sharp d<-cllno in prle***, something of n rally would not lie surpris ing. but. In the bearish temper of trade, occasional rallies on profit-taking on the abort side nt the market are all that the average operator seems to expect. The weather, however, continues to be closely watched, and It will probably have more or 1cm effect upon the course of price*.*’— Glbert * Clay. New Orleans. Aug. 10.— 1 Xlmes-Pemocrnt: Awakened from long lethargy hy Initial heavy’ selling at New York, presumably for a single sccmint, moat everybody dumn- • contracts on the ring, and yesterday's -• j > r < > j, • >-4t 11.1 cotton market was witnessed in many a dayr On a dcciinln. market, all optimum In tho rmp prosperi eomes to the surfsee am; ordinary folks arc prone to forget tho fact that some so- __ Mean- the public has evidenced n some what positive desire to, get Into the game, snd la tholriog a decided preference In a email way for the ’ahort’ aide. Thus far, the spot market has held the radical spec ulative element In check, >*ut should the Interior show any disposition to turn loose new cotton its price well under the fc market, active ’abort* aelllng In volume would follow In clone order. At the mo ment, the weather map may make or mar ■ ~ ‘ faction every morning. f room traders. Is cleor- r lerel nt every oppor- tbey will probably meet with |" *— rket or htrfj the • Mag there •rtlona of more come. I Hit for the time Tery little solid Inducement to hull the staple on any pretext. The outlook is for an Increasingly active market until spin- nera* confidence, engendered by the excel lence of crop prospect*, shall * :’i»nl Mena. — doubt leas lie mere}: history, for the farmer has learned collect moot of the profit his raw rot and mar again Ira — crop prospect*, shall have run of the farmer** preconceived price j. The arbitrament thereafter will ties* lie merely a repetition of recent ton earns, i i counted on to make the itWnpf In the most approved way."-Ware ft Lelaod. J. ANDERSON & CO’S. DAILY COTTON LETTER New York, Aug. 10.—Liverpool future* | RANGE OF NEW YORK STOCK MARKET Amalgamated ted 1'onper .Xl.,.r. Sugar IL'tliilng.,.,, f. I Open [High (Low | Cl’s- NOTES OX GRAIN Pointers on Provisions. America n Locon d«i. pr«*f»*rn*d American Mint-ltlug It.-flntf.g dn. preferred Atchison •In. preferred American Cotton Oil Bnlilmora snd Ohio... Brooklyn Rapid ('anadls *' I’hlengo __ rmnait*.'.*.'.*’.'.V.V.V.V.*,*.'.*I!!!!!!!!!!!!! l’nelfle mil Northwestern ie nml Ohio Find ami Iron Central Leather do, preferred rhlcago and Great Western........... Chicago. Milwaukee and fit. Tnul..... I’elnwara snd Hudson Distiller’s Securities do, preferred. 7*......!!!!!!!!.. General 1'lectrlc Illinois Central American Ice Hcctirlttes Lnutovllle nml Na■brUIn....* Mexican Ontrnl Missouri l’ndflc. New York. Ontario and Westtru..... National I.end Northern l’aclflc New York Central. Norfolk nn’d Western. reiinsylYnnln IT •In, preferred... Sines Sheffield Tennessee Cool and Iron Texas and Pacific Union rnclflc United States Steel do. preferred Virginia-Carolina Chemical do. preferred... Western Union Wabash do. "preferred Wisconsin Central do, preferred * Total »ti»ck sales today 693,600 shares. i»h| iad-ij Ilf] i$5\ !Sil| IS’.; ’m .S5 1764.1 lttk 176V 171V. t§ 7: 714. 71'. 71\ 7114 in'-. 14)K 1* • 4.1 ll"> lai. 11-. a fifi 7ijU a.r.l MU 941, CH RANGE OF THE COTTON MARKET AT NEW YORK. The following Is the range in cotton fu tores In New York today: AT NEW ORLEAN8. Closed steady. 1’rlvste Wlra to Ware ft I.elsnd* Chicago. Aug. 10.—Iu spite of din* In whoat yesterdsy. Liverpool come* higher. •I<«x>k for a firmer lone to the whe*t market today. ‘The crowd are Incllued to look on the ruble* with aufplclou and ara selling wheat on opening. Oats opened steady with trade light. Bartlett. Frasier ft Co. about brat seller of 8eptember. Bartlett, Frasier ft Co. bulled the fk*p teiuber com from 49 to 49Vftc ••»<! the De cember uud May followed, lleliuholx and Harris Bcotten took Msy. Ixwka like Curry buying. The hedgers have sold a little wheat this morning. The government report this afternoon gives the reserves of old oats lu farmers' « August 1. March 1 stocks were 171, bushels, or xt.a per vent of the crap of imft A rraerve of t |»*r ecut on Angust 1 will show U,71<MMJ bushels. laist year the reserve was U..tiv,(KV. or *Mi per cMt of tho crap of ll*>4. The largest reserve* lu ro- •nt year* wa* 78,100,000 bushel*, or 7.4 per •tit August 1. 19oi. I<*rg* nog movement keeps up, and with lower price* has caused it lower provision* market. Cudahy a seller of near-by lanl with shorts Iwat buyers. If these hog re ceipt* continue product will sell lower. Hog price* today are same na n year ago, with lard Hr higher. Think packer* would au iH»rt the market when there la any ludle lion of let-up In hog receipts. Chisago Jtiter-Gceaii: The government f S rt, to be Issued at the eloae of Chicago t y, will give tUe yield per acre of winter whejt, the condition of spring wheat, corn ml oats, and the quantity of !** crop remnlhinf. tr of rata fram The popular Im rtfia _ . port but that IB spring wheat. Derelopmeitta In the provision tra Mfift lielng watclHKt with much lone coiitlnoc«l heavy run ot ed havoc with all the cnlenl pnekera, who had flgtired the big marketlnga . .. l>fep over a month ngo, *^he prefMfion of the trade Is that tl will Im> bearish on winter wheat. It will Ih* rather bullish on apt lug ■ ovfslon ■h lutcrest. The of hogs baa play- ilculatlona of tbs should have l>ean ovi quality ami weight of the hog* now arrlrlng and those that have I men coming for tho lost six weeks are inure Indicative or an In- crease In receipts than they are of u falling off. HtMH'ttlntan In tho pit nevertheless are fighting shy of the Heptemher deliveries In making short sales, ns they rocogntse the prices for tin - (nut deliveries, however, different, and the smaller imienennem pne*-, er Is exported to take a hand In the nro- — anon and market n good deal of TIPS FLASHED From Wall Street. Private WIro to Ware ft IsOlnnd. New York, Aug. 10,—London slightly higher. i fitneka nlmndant In lnnn crowd, but pool manipulation In Pennsylvania and Houtut “'ncliic will doubtless be rontlnneil. Call nioner nt 6 per cent, and time loan a stiffening, favors bearish operations thnt may bo cheeked somewhat on the rxpeeh-d confirmation of bumper grain yields na re fleeted by the government report. Hntner look for an unsettled market, especially If ney (lurries develop. hi ahsrp recessions, would favor taking on Hteela and the low price* southern and -astern rails. Considerable telling In Ht. l’anl nnd mar ket weakening nil around with rcnllxlni on upturns In Hill Issues. Look* ns II declines would extend. Expecting a bad bank statement. ndon quiet, mostly Ktrlke* of deck* hands In harbor brenklng rather above parity. Bethlehem Steel expect* to sho V’estern Union official* admit competi tion of Amerirnn Telephone Company’s ong distance service Is affecting earn- n fondoii fortnightly settlement begin* on Monday, s inaiisirinis aernom .w y»-r er per Private Wire to Glbert ft Clay. •Rw York, Aug. 10.—Marshall, Kpndor ft Co.: We are not prepared ft.r further se- rlous liquidation In the market today. It Is. however, unlikely that support will rome from the general public until some * tli has been made n* a ra- p hr larger Interoute. The‘New York rlnnnelol Baraao saya: Development* over night argue for some strength today on the prospective good crop rooort to be published around noon, but we regard the technical position of tho market ss a wide not very strong at tbl* time, meeting stock on rallies In many cases, per hops. Influenced by the western calling of loans here to withdraw balance* we understand, cause lH*nrlsh operati by the professional contingent. We advo cate a neutral position Involving the sell- ng of vulnerable stocks on rallies, and ths •uylng of technically strong Issues on de cline* when weak for turns. N<*w« con tains Item* of minor Importance, the gov erning factor now being the money In our Judgment, nnd all features concerning It should l»e cnrefully studied. I he strain of crop demands nnd security congestion may exert a formidable combined pressure upon money centers preventing any bull market of consequence now unless definite as surances esn be obtained that money will be easy Immediately after the cron move ment. which condition does not at this time seem pralwMe. We strongly recommend COTTON 8EED OIL MARKET. Now York. Aug. 10.—JTho market for cot tott seed oil was moderately m-tlre heavy. This applied more particular! thfr late deliveries, which were Indue by the weakness la cotton and the fnroni «en t her hdltlo south and the lm- lellverles held rather steady, aud there wns no eTbleii.o nf plirtb nliir prefcMire .S.nnc support developeil In Heptembor. The fur thcr weakness In the lard market nl*e tended to Influence the local feeling. To ward tho close there wns some goad inly ing. nnd prices advanced H to 4*0 from the opening.—Ware u. Lelnnd. ,>11\ 4■ ii11ii*r.. . • ., l»i cemhor Jsnunry., .. .. , Closed steady. It align 13 €m% 17 €37^ 0*a?3« V'yir’.i loifmi I'Jose. 33%y344* 30\fi31 3u*yti 31 30VMj30% STOCKS REVIEWED B YNEW YORK SUN New York, Aug. 10.—The Bun says: As a rule price* suffcreil fractional declines at the opening, the only notable exception be ing rcuiisjlvnnln. which opened slightly above ycNtcrday’s close. From the stnrt ronfllctfng Inflnenee* seemed to he at work, the effect of I'ennsylvanln na an upholder of prices having counteracted the decline In New York Central sympathetically with tbs fall In the price of this eotnpnny’s 3' s per cent bonds on the dissolution of tho unusr- writing syndicate. Irregularity In the general market re- aultnl. but when It was announced that the Union l’nelfle executive committee had taken no action an the dividend question •Nt farafvad ward from the advances In the rate* for rail loans. The ease with which prices went i.ff In the early nff»-rn<...ii In-l-i i l very y.—411b THE COFFEE MARKET. 10.—Tho opening was at ie of .VITIO Mata on all months )rtuber, which wns unchanged, end ket rule«| barely steady daring tha New York. A n dectlni except O tho market rule*I barely steiidf | I I forenoon with trading much less active than recently. Buying was evidently checked by the easier orimnry markets and the failure of the European market* to respond to our market yeaterday. There tr from th» opMilnr. tor*, wlllnf MM. .ppmml I. tw- Ho*. «",'l 1T»»S.*«M» ►mtht • Unm l-T.l, brti**r •WIIbIiix 1» 6.64. It thott.6 «t lhM» lower prlre. there ir.. n«* wtHIWW6. to mi port priee., ,n4 « r«Ur *rt .Al <h>* (nte. howerer. e-.llroert to ri.tltirtly ■nln.t the market nnrt tetnporjriltr lt l.-.k« lower, flow, rer. rot to. .roun.l Mtr it tbl. .litre of the rrop .loe, not look nu.tlrae. lire, nnrt wo ro.II.tw to lieltete It unail mUt to (O .hort at (hi. time. SOUTHERN EXCHAN6E Ulfle.t i;.tn\)IHlirq ofTIre K<.nth conos —STOCKS BOROS M*IR Ground Floor Gould Budding. Dally market letter end market manual mailed on application. L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Correspondsst's Capital 1250,000 SKrCSCNCI. THE NEAL DANK SHONE I WIT. SaUOENTlAL BLOG iabms In Uhlragp __ yi.ffk) tierce* lard nnd ifwlnl i"»un<ls ril Mluiii-.ipelh wheat stock* show 50.00 bushels decrease the lost Are tlnys, com pared with KM.0U0 decrease the onuie period a rear *•<». The continent was In the market for hard winter wheat yesterday, Mnf the best Imyer, and has I#cn tor a week. Tho Eng lish market* were making no bids any where near n workable basis. Harvesting la becoming general In Mani toba am! Kaskatchewan. The crop In Kna- katrhowan la turning out heavy and mil form, while the Manitoba crop la not n« good. On some of the old ground yields will W comparatively llaht. Wenther con ditions no far ore perfect Tbl* I* con firmed by a message from Premier Itoblln. of Manitoba, who sny* harvesting I* In fadl •Wing, under the moat favorable condition*. Private Wire to Glbert A flay. Chicago, Aug. 10.—Ht ranger cnhl«« today. In fnce of onr wonkncui yeaterday, will give market encouragement to the wheat bulls. The bulls' hind Is not going to be much. If any. Increased for the next two or three week*. Mnrketa should do better to day. Hce nothing to frrvnr short side of corn now. flat* should do considerably hot ter on late movement nnd damage liy rains. WHEAT STARTED LITTLE CHANGED Heavy Downpour of Rain in Southwest About Only Steadying Feature. SENTIMENT BEARISH At the Close Small Declines Were Shown in Wheat, Corn and Oats. By Private Leased Wire. Uhlcngo, Ang. 10.~rioalrig prices shew* ed wheat %GHc lower, corn *4©He off, oata %c lower, ami- provisions SftffMe lower. Indications point to n record crop nf wheat In thU country this year, #>», «vvo bushel* spring wheal and 433.n00,<") In of 75a.<*».ono bushel* tly, or the largest .— total corn ■ els la promised, ftp DUDls. The condition of eprlng wheat wi placed |»y th»» government nt 66.lt. and tl yield of wilder wheat per nera 16.7. Co dltlon nf corn SI.1, oats H.I, ry* 1ms m liartfy 90.3. The wheat market kept up pretty we under the government bearish figures, tl price Iwlng lowered by the appearance that document. Primary receipts of when .090 bushels and corn 377.000 tmih.l nl’itrftl With M6.000 and 404.000 bu.hrl •«|M-i'tlrrl7. ■ x«ir x*o. ilMranm for tlw .fir. 143.000 hmh.l. CHICAGO GRAIN MARKET. Open. Wgb. Low. Clo.< 8 TH4 n 71* • 74*6 7sH 76H SS« lii! «;£ 1414 GOVERNMENT GRAIN REPORT. r Prlvnln I^nacil Wire. M’nshlngtnii, August 19.—The crop lug board »»f flic dMinrtment nf ngrb to*lay inndo the following report a condition*: Corn, overage rendition W.1 on August I - I • I mill v 7 r, In * 1 mouth WHEAT— W;::; S' 4 ‘‘Tii m-™ K::::: U ^aW- 8 * Bff* m u:$7H ll.pt .7.*' 1.46 M0 1.66 I.W 2:5* m 2 :S8 •pt... 9.00 9.06 |.93 9.00 9.06 Get.... |.77H 6.80 8.77J4 x.vt Jan..., 7.47. 7.45 7.40 -7.42# 7.W UAHH WHBAT— No. j n-d TJVrtfTl; No. 3 do 71^(mHL>’'»- hard wiater 7P4<U72\4; No. a oo T0* t i# 1W PRIMARY MOVEMENT. 1.06. 84. 1904, ten-year nrernge 111 ■ i • • August I. isn6. 87.6 nt the < ■ ID 1904, and n ten-yei August respr Ki.t r lag nf to.. C. IVInfer ulicat. nrollrnlnnrr return* hull III- n ■ rup nf hI.m'H 4M. UI.W» Imm.Ii.-I*. mi nu nvernge of 16.7 bushcla per acre, ns com pored with 14 3 bushels per aero last year, • finally estimated. Oats, nTernge condition on •August 1, *18, ns couipnretl with (4 Inst month, 96.6 on August 1. 19.16. proportion of oats crop Inst yenr still In farmers’ hand*, estimated 7.1 per cent, ns compared With 6.2 per rent of 1904 crop In formers’ hands a year ago, 5.4 per cent of the 1903 crop fa hands two years ago nnd a ten-year a rerage of 7.2 per rent. Tobacco, average condition on Augnut 87.2, a* compared with 80.7 last month. .1 on August 1. 19rii. 03.9 at the eorfe- apondlmr dale In 1904, ami a five year over, age 4<f 83.2. was no prlvato rabies from abroad, nnd the markets there seemed qnlet.—4jlbert ft Pofloirl.c wn* the opening range and close In the New York coffee market to- ilay: 4)penlng ll/I nun. 4’Jose. 7.10-7.16 7.15 7.y) T.*V7;» January.. .7.16-1 Fef.rnary.. 7,267. March 7.26-7. April 7.31-7.46 7.S-7.36 |I Anri.t 4 ..6.603.rn 6W4.lt R,ptrailMr 6W4M O-Tolror 106-TM .1 ,inTriiiiN-r,, Ih-i-ember.. , 4’losed barely steady. The following figures give the prlinai movement ot wheat and corn: When!- Hei-elpt* today >S3,000 huMle-l against H35. «»i bpshcls Inst year. Shli incnla today l.ntS.ODO bushel*, against 4W 1 H "» bimb.-lH III"! \rnr Corn—Beeetptr * 1 against 4o4,00) incuts today :v< inishcM Inst ye CHICAGO CAR LOT8. Today. Tomorrow. NORTHWEST CARS. give th« northwest LIVERPOOL GRAIN MARKET. changed; closed THE LIVE STOCK MARKET. Private L.-nsed Wire, blrago, Ang 10.—1 logs—Estimated relptn to>1er 24.«k». Market weak f«. loner; iiunllty fair: left over 7.319; I $5. r Jftn«Wi oat I mated for tomorrow 1!. Ili-lit 86.8fiG6.27H! inlte.1 86.39(16.30; lie tE.fWVffV8.3n* rough 86.8909.71; nigs 85.21 forkor* ICMJftttt gfHxl to cnoleo lie 893006.36. •keep—Rati an tad steady; quality fnl western 12 hi y//5.36; lamb* 3l.8fiff7.75; ur THE 8UQAR MARKET. By Private Leased Wire. New York. Aug. Id—Local refine$ raw augnrs atendy and tim-hnngcd don licet* lower; August 9* VI: ^ 4 f>er t2s 1*4<). 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. which wa* oomrwhat tetter than • ,, This loss, however, wa* Increased ■ ut* on the eloae. In the early trading ■ •re was • disposition to support the I market »»n the reaction Idea, but the effort • was again rather feeble. After a slight ral- OUrtni WARE A LELAND COTTON, GRAIN, PROVISIONS, STOCKS, BONDS, Kt. 3 Will SI.. Rritf. »K.ala, it. Mona* •tw r#ri unm aifmtmi .t Tt.u In Orl.l.l Ctll.t luittlt. C*"... Sink l.th.tt. ll.tr.99l Ctlti. tn.- .ll.. *»» '»'* Wlru )c tl. Vwl. .tw Orlt.rt, Cfc/i.f*. i. C COTHK.H V....... *•-««ti rk» 1 Ball fbtut I3G. MADD0X-RUCKER BANKING CO. CAPITA I $200,000.00 SURPLUS AND PROFITS .... $500,000.00 ACCOUNTS INVITCO We invite nmmntB of individuals, corporations, bonks nnd bankere and offer the best terms consistent with conservative banking. ow Interest at the Hate of 3 1-2 r** L . _ m