Newspaper Page Text
IHE ATLANTA GEORGIAN.
WIIPNEHDAY. .‘.nilST 1*. 1*W.
11
JOSEPH B. LIVELY
( THE GEORGIAN’S RECORD OF MARKETS AND FINANCE Hgjggf
LIVERPOOL WEAK,
5HARPLY_ LOWER
Oi»oned the New York Op
tion Market 5 to 10
Points Lower.
SENTIMENT BEARISH
Longs Were Active Sellers
with ^Almost No Sup
port From Bulls.
Bj Private Leased Wire.
jfew York, Auf. 15.—The loci! market
open^I at a decline of 6010 point*, or lower
than due on the cables from the market
•t Liverpool, which” were decidedly poor.
There was hearjr pressure from bear
soun-ee. slid also some active selling by
longs. with almost no support from the
buHs, Indicating that even at these new low
uvcl* for tbs season with every option
under 10c, sentiment Is fully as bearish
«• when quotations were u half cent
higher.
Cotton In Liverpool was lower than
ported. Iwith spot tnd futures showing
elded weskness.
At the close In that market, apot wm
S ooted 7 points lower at ft.(8d for mid-
|j»g uplands, while futures were 1010
point* lower.
on the opening cables, New-\ork ahonld
have opened about 2 point* lower, hut In-
•tend Initial prices were at a decline of
tftlu points.
Trade fnfriy active ami an Increue In
•utdde business noted. The market held
at>•*dr after the opening break, but there
There will be no crop condition rei
iMued on Septemlwr 3, as a recent net
congress directs that the condition report
of the cotton crop shall be issued on the
situo tiny ns the first glnnera* report of
ai-tunl cotton ginned In each month, re
spectively. dnrihg the months In which
Mb condition reports and gingers* reports
nrc Issued. Therefore, the Bcntember re
port will l>* Issued as follows: Agriculture
report nt 1 p. m.. New York time, and
census glnuers* rejport about 2 n. m.. New
York time, probably September 7, 8 or 9.
Semi-weekly movement at thirteen Inte
rior towns. Receipts 12,031; shlpr‘“*“
437; stocks 84,611; twnnarstlv
Friday, stocks have lot 1,871 imlea.
At Galveston, 1.278 lutles new cotton were
*ved today, Houston l,f
i mid Augusta 1 each,
compared with jretti
York, the final figure, —...
of 17019 points, or within attaint or two
of the lowest of 'the day, with the tone
barely steady.
SPOT COTTON MARKET.
Atlanta, qnlet nt 10c.
New York, steady at 10.33c.
New Orleans, quiet and easy at IMic.
Liverpool, qnlet nt 6.58d.
Augusta, qnlet at 10*4e.
Savannah, weak at 10l-18c.
Hr. Louis, dull at 10%c,
Galveston, steady at 102-lle.
Memphis, nominal.
Boston, qnlet at 10.40c. _
rhllrtdeiphla. steady at 10.lic.
Mobile, quiet at H4f.
Norfolk, quiet at 10V4c.
Houston, qnlet nt lOVfte.
LIVERPOOL COTTON MARKET.
Liverpool, Aug. 15, 12:15 p. ro.—Cotton,
spot business moderate, with prices «stsler;
middling uplands 5.58d; sales 6,000; Ameri
can 3.900; speculation and export 800; re
ceipts 5.000; American 200,
Futures opened quiet.
»now. »
vife 1:3 »:S1S
kept..Oct,
I »<•<*.-Jan. , ,
J*n.-Feb. .,
Feb.-March. .
Mnreh April. ,
April May..
. .6.17-5.26 5.21 6.30
.5.284.22 ft.O4.20 6.19
,.1.284.24 5.30 ft.?
Closed Irregular.
Ki
«**»
»
5.18
TODAYS PORT RECEIPTS.
The following tabla shows receipts at tbs
gofu to«iay, compared with tba.aams day
N**w Orleans.
Gnlveston. .
Mobile. , , #
Hawninnh. .
Charleston.
Wilmington.
Norfolk. . * , \ '
Boston. . . •
Total.
1904
190ft
tl
fjjj
3166 ct
IfK b
1134
19
M
11
6
U
S3
1038
80
4872
8424 m
INTERIOR MOVEMENT.
, The foliowthg table abowa receipt* at th#
Interior towns today, compared with the
same dsy last year:
~3c6
Houston.
Augusta. ,
Memphis.
L. J. ANDERSON & CO.'S
DAILY MARKET LETTER.
. New York. Aug. 15.—Another sinking mar-
today on nothing more than has been
for nearly a month. Crop report*
••III eonflMIng. but complaints are very
more nnmerena thaa In Ike post.
. are of the opinion that the decline
ha* now become artificial and It Is about
•Ime to call a halt. There Is no if In be*
£ m,n « an eleventh lmnr bear and .having
l? pay for the experience. Even If the slt-
natUm warranted It (and we do not think
«• doe« past experience has taught n# that
t!»*» big operators do not want everybody
Jvu.'wiBjj In their traiL There I* Mrdly n
fe' n Wt* the band wagon la fall of beare.
•V bottce a tendency on, the part of the
Jdg trade to cry. ••Atop, a Tally la doe. It
i« more than nkely that they will en-
f^vor to reduce their following so as to
+ able to take a better hold at « higher
t'* 1 ; rare future developments prove
•hf large estimates which have been dr*
rt ilstlng the ring.
NEWS AND GOSSIP
Of the Fleecy Staple.
Private Wire to Oibert A Clay.
Aug H-Uvenwol open<Nl ft
down. Was doe about 4 down.
Carpenter, Btfgott * Co. say: "We think
the market fa going to work lower and
favor safes na rallies, but would suggest
rare In operations, as any <^treaiety ImmI
weather might cause a rush of shorts to
cover that will tend to put price* liliher
««? now seems ^reliable." *
JMck Bn>*. Jt Co. say; “ruder the cir
cumstances, we can not see our way dear
to adrlsi> buying, cither for Investment or
for speculation/'
The Journal of Commerce says: "Wiarp
advances In staple ginghams and colored
cottons were the features of the day’s bust-
Advances In wide sheetings and
<1 sheetings are still peudli
though most linns nre virtually nt
awaiting an advance of. nt least. _ ....
cent, and possibly more within thirty days.
Trading for the day lacked some of the
vigor of Inst week, as buyers arc waiting
to test the effect of lower cotton as quoted
on the exchnuges."
We understand that the Giles report wul
* Issued by Hatton A Co. at JX P tw#
Friday.
Ltvcr|KM>l continues selling here. The n
ket la easy on continued Itearlah news.
Carpenter a ldg buyer of December and
January again this morning.
New Orleans. Ang. 15.-.The overnight
longs are liquidating, causing further do-.
E rosslou, but would only sell when the tint
et sticks Its head up. Might have sllg
reaction shortly on covering by satlsfi
shorts. .
Liverpool cables: "Think the market In
weak position. Confluent selling ueai
months against Imports."
Waco, Tex., wires: "Weather perfect;
less demand; spots eosk»r."
Private Wire to Ware & Leland. ;
New York, Aug. 15.—Liverpool futures
opened-quiet, S down. At 12:15 p. m.. 508
down and easy; sales 5,000; spots 7 down of
6.l8d. Futures due about 3 to 4 dowu.
Liverpool cables: "Market affected un
favorably by poor New York report and
liquidation continues In near mont’is In
view of feared increasing Southern offer
#, i**."
The New York cotton market opened
weak on poor Liverpool chbles. Pearsall
traders
apparently anxious to follow the selling
side. Trade fairly large and well dls-
tlve market. Order*
and nt»out evenly dlvlueu. nuns are mi;
Ing on the reaction theory, and short
•re covering freely, but there nre enough
fresh selling orders to meet the demand.
We nre getting reports from places that
_ »ve heretofore reported perfect conditions
that crop Is rapidly deteriorating 1»y shed
ding.
Net stock of cotton here Is 14,273 bale*,
against 55,165 last year. Amount of cotton
on shipboard Is 18,029 bales, against 18,1! 1
last year.
FutuTe* are steadier, but the market
shows little sign of reaction. Liverpool
Is altogether too bearish* to have Its In
fluence removed quickly. There Is nothing
' i the spot department.
Scattered showers are shown over the
larger part of the cotton belt on the
weather map. Some call the map unfavor
able. hut moderate temperatures itccoro-
L til * —
pany the rain. High temperature* are
more to l>e feared than anything else Just
THE WEATHER.
LOCAL FORECAST.
WEATHER IN COTTON BELT.
Texas—8nu Antonio cloudy and warm;
light shower this morning. Houston clear
nd pleasant. Dallas clear and hot.
Mississippi—Jackson, Natchex and Yaxoo
City clear and warm. Meridian clear and
lot; hard rain yesterday. Ilaxlehurst,
llrookheven. Greenwood and Vicksburg
Clear and hot. Amory cloudy: light rnlu
yesterday afternoon. Holly Springs and
Aberdeen clear and pleasant.
Alabama—Troy partly cloudy and pleas
ant. Balms cloudy and hot. Birmingham
ly cloudy and hot. Huntsville cloudy
S lensant. Montgomery partly cloudy
eaaant. Opelika fair and warm. Mo
bile portly cloudy and warm.
Georgia—Albany partly cloudy and hot:
bad a very good rain last nigh
New Orleans clear and hot.
WEATH^ iTlFO R EC A8T.
rgta. Hast Florida, Weat Florida—Lo
ll rains Wednesday and Thursday. ,
!,oulida!ui, Mississippi and Alalsuua—Local
‘na Wedueaday: Thursday fair,
last Texas-Fair Wedueaday and Thure-
West Texas—Fair In south, showers and
cooler In north Wednesday; Thursday fair.
Arkansas—Showers Wednesday; Thursday
fair.
MARKET WAS FULL
OF BUYING OBOERS
Material Gains Were Made
in All Departments in
First Hour.
TRADING WAS ACTIVE
Stoeks in Early Trading
Bought Without Regard
For Price.
By Private (.eased Wire.
New York, Aug 1 . 1ft.—The stock mar
ket . this morning wu stronger and
more active than at any time this week.
Prices were higher In all departments
of the London market also, and our
list took Its cue at the start from the
foreign attitude. But the main Incen
tive to the trading lay undoubtedly In
the heavy buying at rising quotations
of a few choaen issues. Union Pacific
-acid near to the highest point of tna
January rise and Southsm Pacific al
most equalled Its high record of fig
ures of 1902. The reason f >r thesv ad
vances. of course. Is the belief that an
increase In the Union Pacific dividend
and Initial payment on Southern Pa
cific presumably at the rate of 4 per
cent.
Changes at the opening of the market
were advances generally. Reading gained
% lu all. Texas Pacific row* %. Pennsylva
nia, Missouri Pacific, Atchison, Union Pa-
Ific, and Mt. Paul gained >4-
The market was full of heavy buying
ders nil through the first hour, ami prices
In that period made material gains In al
most all the departments. Consolidated
Gas rose to 140.
The galus made In the .various securities
were not large, but were Important be-
l the
price.
London liought 15,000 shares on Italnnce,
ehlefl** Krle, Honthern Pacific, Union Pacific
and Pennsylvania.
Governments unchanged. Other bonds are
firm.
LONDON 8T0CA MARKET.
Anaconda..., .. .. ,, ..
Atchison
Canadian Pacific
Chic.; Mil. and Ht. Paul..
Erie *
' Illnola Central
Iemlavllle and Nashville. . .
Heading
i*ennayTvsnla
Honthern Pndfle,. ,. ,, „ ,
Union Pacific..
COTTON REGION BULLETIN, .
-Tor th* 24 hour* endlnr at s ■. m.. nti
mesldlau time. August
RANGE OF NEW YORK STOCK MARKET
Amalgamati-ti 1‘oppcr.
Anicrlenn Hugar llefiuliig,,... ......
Atlantic Coast Line........
A M:i - -Mi.I i
Allied.un (.onmiutlre
(It'S prefiTTe l
AtueiT«nit Sm* .tmg Refining..
do. preferred..........
Atcldnou
do. preferred
American Cotton Oil
Haiti more and Ohio
Chesapeake and Ohio..
Colorado Fuel and Iron
Central leather....
do, preferred.,...
Chicago and Great Western
Chicago, Milwaukee ami 8t. Paul
Delaware and Hudson
Distiller** HccurttFes
Erie
do, preferred
General Electric
Illinois Central...A
American lee Securities
Dmifsvliltr and Nashville
Mexican Central
Missouri Pacific
New York. Ontario and Western
National l<eaU
Sortbern Pacific
New York Central
Norfolk aud Western
Pennsylvania ..
People** Gas .T.
Pressed Steel Car ...»
do, preferred.......
Pacific Mall
Rending
I 148 14?
ir*% \T<
37* ftl
Rending •••••• ....»•««»
Republic Steel
Rock island
do, prefer red...,,.
United State* Rubber
do, preferred *
Southern l’nclic ,*,■%.•••
Southern Railway
do, preferred
ftlnM-KhciriFltl
Tennessee Coal aud iron
Texas aud Pacific
Union Pacific *
United States Steel
do, preferred
Vlrglnla-Carollna Chemical
do, preferred,..
Western Union
Wabash
do, preferred..., a
Wisconsin Central
stock sale* today i.ooG.urri shares.*
1
in?
UK
lx>w
TWf
c
I
1
1
RANGE OF THE COTTON MARKET
NOTES ON GRAIN
Pointers on Provisions.
AT NEW YORK.
Aug. , •
Sept. . .
Get. . ,
Nov. . ,
Dee. . .
Jan. . .
Feb. . .
March. ,
133
$3
0.67
9.8448
!:S|
9.8448
9.8940
Closed Imrely steady.
AT NEW ORLEANS.
Nov. ,
Dec.
Jan. .
9.* ....
9.68 9.58
».«J
i'M'»:»
tss
a
WEATHER CONOn IONS.
The weather continues more (
The rains during the Inst 24 hour* hav*
V«r llitl. <-bnng* In t.mpi'r.tur. ha. w'-
nirnwl „wnt . N. !».. «iw
Mil-. City. Jlont.. «bpre It U W
oold.r tun at tb« urn. boar TiHWda,
n*"raadm«M f..or the -l-reletaueiit of
local thuniler ahnw.r. la tbla teetloi. to-
algbt and Thuradar B MAHItt/RY,
Mellon Director.
WARE * DaVlY MARKET LETTER.
inrp atuup’ I *'tSe 'ottoa'SrK' J'" 1 */™
,ae FailureUven"«l ‘"ff
ysssa *s?vSs
fen'll -IT?
SSSi- tS uTo*,*^
port of Importance, and
curering from time to time tbe roarket »«
derold of the bujlng that waa needed to
nsrUMHSaSBSi g
development of cotton could haraly »y de
r iu,| I,* tMturew Under these circum
stances, and In view t rtSfft«irfBle
Informed people
■ ( crop accounts, such a* are now romure
tarTmsrer le.for. been recelrjd at tbl.
■on of the year. It I* tery difficult to
^ how there can l*e found a genuine
IissIb tor a IhiII speculation In cotton at the
P The*entire market lacks buying, and as
mnremrnr Is Iwglrnlng to show op heavy
there I* Ukely to be a farther decline In
STATIONS OF
ATLANTA
DISTRICT.
^Atlanta, cloudy. . . .
•Chattanooga, cloudy.. .
Uolunibua, cloudy. . . .
Gainesville, dear. . . .
Greenville, cloudy. . -.
Griffin, Hoar. ....
•Macon, cloudy. . . . . ,
Moiitlcello, cloudy. ...
Newuan, cloudy
Rome, p. cloudy
Spartanburg, cloudy. . .
Tallapoosa, p. cloudy
Toccoa. dear
West Point, dear. . . , .
*Mlnlm«m temperatures are" for _
hour i»eriod ending at 8 a. m. tbta date.
HEAVY RAINFALLS.
Greensboro, Ga
Evergreen. Ala.. .. .. •• .. *. ..
Albany, Ga..
Tuacumbla. Ala
..2.84
..192
...3.»
e • 1.52
** C. ALABAMA «T.
GIBERT & CLAY
STOCKS 5-
COTTON. OR A IN.
correr. psovisions
N- T«b Stoek Ereh.nWN.w '^"^AT^aUoa
Prirste Wires teed fcxebaug'*-
Local and Long DlsUncs TsUphont 5298.
ATLANTA. OA.
V/. R. FAGAN, Manxgar,
CENTRAL
STATION.
Atlanta. . . 1
Augusta. . .
Charleston. .
Galveston. .
Little Rock.
Barr-.-.
Montgomery.
New Orleans
Oklahoma. .
Havnnnah. .
Dlat. Averse**.
T»rap*ture.
JUx.
Min.
*4
88
ft
88
94
fj
88
JW
ft
K
s
92
■9
78
98
72
¥ Indicates inappredn
REMARKS. .
Over the eastern portion of the belt the
temperatures were slightly lower than for
the previous 24 hours, very little ebange
waa shown In the western district*. Mod-
erate ralna were reported In nil districts.
Heavy mint have fallen In Georgia and
Alabama,
J. B. MARBURT.
Section Director.
THE LIVE STOCK MARKET.
By Private leased Wire.
Chliagp. Aug. 16.—I logs— Rceefpta 22.WI.
Market steady; quality fair; left over 8.228;
bulk 86.MBA16; estimated for tomorrow JS.-
008: light hugs S8.7I4K8.26; mixed. B-TOtt
.'»(!!<■—E«I|I)I,T«I t*ctfpf» 50,09). IX.rk.t
rtmdr to Mo hlfhrr: «Mlltf f.lr: l«N*rr«
M.S4M.K: m«, Sl.Mpl.M: bHfrr. Jim
MO; rilm MO7: good prim, unn It.SO
Hi; poor ,o mrdl-iw tibOt.lt; ttorkm
"Sh^SSStlmatM mmfpfa U.fn M«rk,t
&TISJS
b — Httn M.M07.J5; Mmlm hot
VMM.
prtob Imfor. «b* do—nw,rd more belt*.
New York, A eg. 13.—Further ebw'. row
ing orrtirtwl I. the eertg trading todeg
under the leederehlp of eperUltlm, end
.Mr rilent, -ttb promlee or runner Mg-
Ing from that eo«rr» tomorrow. -ben lie
market will probeldy -orb nnwerd fer-
tier In enttrlpetto. of rood bank ettle-
moot, indt- -iti-l l«r the .nirtmtenry opera-
Hone. We think tie I- drrrhlp of eprrlgl-
lire, haring been eorreedr.1 by 1-oa.ler
Inlying, nIrene that the henklng element
be obarrrrd upon Ike general market for
r time, with eebTtnJ Iwnre boo.-bt Jtidl-
dotiely for urn*.
EXPORTS FOR JULY
SHOW A DECREASE
fly Prlrnle Leaned lVIre.
Wanhlngton, An*. 14.—The department
of commerce nnd laltor bulletin for inly
ebowt that the Intel npnrli of brred-
atuffe for the month —ea 17,510,125; celtle,
eheep end bote, t3.t44.i70; urorlelune, tit,-
doe,74,; mtton, t9,6«0,74»; mineral ulle, M,-
0487405. The total ei|mrte for the month
wee 111,1:0,717, ae tgnln.t Jtl.t2t.5M for
June. The total egporte of brendetulfe
for the eeren moutha eudlng with July
—ere 1100,241,101, a, nirelnat tt4.ai.iej for
the cot ree|(oiidlng eeren niimtba of IMt.
eeren mnntbe ending wllli July,
tel rnlue of the r,porta ending with July
-ne *417,175.471, ae agnlnet W»,5tt,4«0 fur
the drat eeren mmtbe of Uet year.
SERIOUS - LEAKAGE IN
COTTON BU8INE88
.. i. ..nlon, enld: "Thera
■erloiie Irebnge In Ibr rottnn ImeliieM,
ne nt preeent ennUiirted. All of nr cotton
that gone nhragd la enld at net weight.
That la In
nge ‘
ro mm. im» ie no naoi. [,rw,,ie, —e get
pnld for the actual unmln-r of |munda lit
rerh hale, ee Ihe price Is more when
iKinght at net weight tlup at grnaa weight.,
lint abttaea have crept Into the buaUeaa
nntll miller anrh eglaltng roMlUona we are
making the lioyera a preeent of eight or ten
pouuda of net cotton with every bale wa
aell them, or almnt 50 eenta a bale at
Deaths and Funerals.
Mr. I’nlrln wild that there were two rem
edies for Ihla elliMtlon. One waa to make
the liale lighter, the other to aell all cotbm
at net weight.
OIBERT A CLAY'8
DAILY COTTON LETTER.
New Urleene, Aug. It.—In IJrerpool H|4
Ilona were Indue need by extremely favors
— prices i
toe points mr
. rel*. Moot quo
l ehlee ihdteatod'lree eelllng by eohllnenlai
lutereete of near numlha against purchases
for Import.
I.'om-luolre proof waa fwnlabed today of
tka trade's willingness to fully respond to
Indnencea favorable to lower levela. Bo
much kas Iwen said and written of late of
the expected lyartbm that a feeling of ncr-
ronaneM luia fonn.I hslgmeni In tbe minds
of not a few. lint when Improreatenta do
occur very little. If any, da .Ire la manlfeat
to rapport the market. Aa far as market
Indueoree ere rooeernwl, the weather I.
naturally tbe predomlnent featnrs. bat
there mast alao \» reckoned edtb the al
ready free morement of new Jotton, amiI to
day we hare It from Texn. ow goo,l anthM-
llr that tbe deninnd foe spot cotton 1. de
ellnlng end that nrlera are easier. From
Ibis It may be Inferrad fb*» eo«e nnrale
taka hie crop scare mast necemrlly oeenr
before an/tUng like a permanent improve
ment In the market's undertone takes place.
BRYAN QUITS PARIS
FOR MADRID, SPAIN
1 ' T Pa r I e * 'a u? ”7*5.—W'i 11 la m Jenlnnga
Bryan left thin dty for Madrid et noon
today. Mr. Bryan had to leeva town
without maetinc I'reshUnt Faillerea
who rant the American traveler word
that he would not be able to arrange
hie appointments so as to give tfr.
Bryan an audience.
Mrs, J, D, Jones.
lift. J. D. Jones, 28 years old. died
Tuesday evening at ( o'clock at her
residence, 45 Bonnie Brae avenue. The
funeral services will be held at I
o'clock • Thursday afternoon, and the
following pallbearers will meet at If,
O. Poole's undertaking establishment
at 2:111: B. R. Pritchett, J. a. Smith,
Warner Peck, Cleveland Htephena, J. T.
Mlddlebronks and Arthur Hpurlln. The
Interment will be at Wsstvlew.
Mrs. Rosa Kelly.
The funeral aervlcea of Mrs. Rosa
Kelly were held Tueaday at Poole's un
dertaking parlors, and tha Interment
was at Weatvlew. t
Effia May South.
Tho funeral aervlcea of Bffle May
ftouth, the *-year-old daughter of
Mr. and Mrs. Jesse South, were hald at
the residence of her parents, 171 Waat
North avenue, at it o’clock Wednesday
morning. Tha Interment wts at Holly,
wood.
Mrs. Lixxlo Rlehgrds.
Funeral aervlcea of Mrs. Llaxfe Rich
ardg ware held at 10 o'clock Wednes
day morning at Barclay * Brandon's
undertaking establishment. The fbiur-
ment was at Hollywood.
Samuel L. Land.
Samuel I. Land, 03 years old, died
after a long Illness at 2 o'clock Tues
day afternoon at his residence, 2(0
I^twson street. The body wee carried
to Toccoa for funeral services and In
terment at 7:10 o'clock Wednesday
morning. He Is survived by a wife and
several children.
Mr. Hennerde Is Elected.
By Private Leased Wire.
London, Aug. It.—Mr. Hennerde,
Liberal, was elected by a majority of
nearly 2,100 In the by-election In the
cast division of Denbighshire.
Private Wire to Ware 4k Leland.
Chicago; Aug. It.—Cables not _
weak a> our market and we mey get
some recovery today In -beat.
Rupport in wheat poor. It drage gad
will drag lower. Reactlonlsta are buy
Ing.
uete market very dull until Helm
hols sold about 300.900 May. PI
crowd principal buyer*, but are now
trying to sell out.
Looks as If Rankin In trying to cov
sr a little May wheat sold yesterday.
Scalpers buying In, some wheat sold
yesterday also. Ottering not Isrge.
Buying of December corn hy Finley
Barrel! Ie holding Ihe market.
Finley Barrel! Just bought 20«,00e
December corn and etlll bidding for It.
Private Wire lo oibert A Clay.
Chicago, Aug. 1*.—Believe wheet Is
not far from bottom. Corn and oats
In our opinion are a purchase.
Record-Herald saya; There waa con
elderable activity yesterday In call for
oal* and corn to arrive. Raise eagre
gated 117,000 bushrla.
Armour woe the leading buyer of
corn.
Provision man were Helming Ihef
lard was down to an export basis yes
terday and that name of the little out
side packer* had been sailing some of
Cash sales In Chicago were 21.005
wheel, 115,000 com end 71,000 net*.
A petition started by F. P. Frasier
to reduce th* commission rats* to the
old basis prevailing before Merrh 1 re
ceived enough atgnaturee to tsk* It be
fore the directory, but the latter dis
approved It on the ground that suf
ficient time had not elapsed sine* th*
rule waa passed lo decide.
Chicago Inter-Ocean: Kansae has
fallen Into line with the other winter
wheal stale* and reported a big yield,
th* second largest crop on record.
King, of Toledo, wired the Kansas
report last night, making 51,400,040
bushel! wheat. The last report on con-
dll Ion In Kansas wa* 70. Th* gov
ernment report* Kansas 11,000,000
bushels. Tbs average yield per acre
I4.T bushels, against 11 bushrla a year
ago; quality high. Corn condition II,
against 75 In June nnd 80 last year.
Two-thirds of the com counties report
the condition 80 to 100, or above, the
other third cetnprleae some of the big
communities and the average down.
Crop last year 150,000,000 bushels.
The word “new" In tlyi iiviMUIon ”>
oate In Chicago will be dropiied after
today. .
"The oat crop In Michigan Is light
weight, weighing 20 to 2t pounds pat
bushel," raid Henry L. lineman, of To
ledo. "The crop In Ohio and Indiana
has been discolored by ralna wl\|le In
the shock. Corn In ths eastern elate*
Is doing nicely, and th* greater part
of the crop will be nut of danger by
Heptemher 20, but there la some com
that will require longer to mature."
The tOc com bulls wsr# vsry busy
selling com yesterday at 4t 1-lc for
May.
The wheat crop of Rpaln Is given nt
I5l.000.00n bushels. or (0.000,00(1
bushels more than Inst year. This In
crease I* so large that It raised some
doubts as to Its correctness. In 1904
the crop w*e 9«,ooo,0«o bushels and In
1502 ft was 104,000,00a huehete.
Half Ihe wheat nnd oat* crops In Ok
lahoma. has been ruined liy recent
heavy rains which fell for 21 out of 21
days. The grain Is sprouted and dam
aged. This report came from a trav
cling man, and wo* sent from Hobart,
Oklahoma.
There Is * bl* crop of cotton,
though the acreage la rsduerd.
THE COFFEE MARKET.
New York, Aug. It.—Ths coffee market
laieord steady at unchanged prlcea. lint
noon enoed off nnder i renewal of Uqalda-
nd Kurunrau Usr pressure with prleee
Id-day alenil unehiugad to 10 |e,luta
There waa same Heptemher IlipUda-
tlon on Ihe deellse, whlell teemed In alert
the ilowuward mnvrnwut. ea the early naira
of Der-eniher and liny i'ere aouie t i-.lnin
nrrr Ihe rinsing bids of yesterday.-Glhert
A Clay.
Following was lb» opening range sod
clear In Ilia Naw York coffee marksl to
day; ■
AT THE
Initial Prices Were Frac
tionally Lower on Bear
Pressure/
SUPPORT WAS LIGHT
Cables Were Firm iu Face
of tho Decline iu CUi-
cago^Yestertlay.
Ily Private Lcnaed Wire.
Chicago, Aug. It.—-Wheat closed 5-1
<M-4c lower. It was a case of the
longs getlng out of their holdings and
the bulla refusing to inset tbem. Coin
closed t-l(57-lc lower and oaU !- •'
l-4(2l-2c. Hog product* were up - l-l
«P!0c.
Cash sals* were 21,000 bushels when'.
206,000 bushel* com and 140,bunt-
els oat* at Chicago. Ten Inada ■>(
wheat, f Inada corn and 100,000 bushels
oata at th* seaboard.
At no tlm* was the market In ren
dition to encourage the bulls. This « »s
* fact In wheat as wall as In the cmrno
grain*.
Primary receipts of wheal *32,090
bushels end corn 4(2,000 bushels >..Ta
pered with 74t.OOO and 077,000 bu-I,-Is
respectively a year ago.
CHICAGO QRAIN MARKET.
Chlrsgn grain nnd prortslona qaelallnns
for today follow!
Prerloss
Open. High. Low. rinse. Clou.
ip rv a i
fa- 8 * «•!
fe 8 fi
JST:v. S:S Bl
LARD— V
£r ?:S '
HIRED—
Hepl.. ».««
$
8.71
7.10
?:?h
.Opening
SOUTHERN EXCHANGE
Oldest Bstabllshed Office (tooth
COTTON STOCaS BOHK GRilti
Ground Floor Gould flulldlng. Dally
market letter nnd market manual
milled on application.
L. J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, 6RAIN
CormpoRdiat's Capital $250,000
mcrcSCNCK, THE NEAL BANK
PHONE I-M7, PRUDENTIAL BLDG
J*uu*rr......
Kctininry. ...
Mirrb.. .. ..
fiBK:.-: ;•/'
Hcptriiilicr
Ortalw*r
NorimilHT
|Nri#»ntl»rr
('lured strsdy.
55 82
B:S B:3
! §» S S
7.I7H t.Tt
t.WH 3.87)*
m ?:S ’
NORTHWEST CARS.
MI linen |m)IIh. ,
Duhitli. ...
Tod at. Tffrek. Ye
LIVERPOOL QRAIN MARKET,
IVlirni “»• lowrr; hi i;#■» p, "i ,
low»*r, nnd Hired UQ%<* lowrr.
rorn-njM'uif) uin'Iiniitfnl; nt 1^9* i». iti.,
na iiiiebmiffiHl lo He hlKhir; clored
PRIMARY MOVEMENT.
■n»c fultowlHE fliuri** fire
iiivi'infMit «*f whrel and «in»
Wh(»Et—Rrerlpf* I(m!*2 W.W>
amliiit itt.uou l»n*li^lii lant yonr. Muj-
ui4*nf« tathtjr Mt.mO luMbil*. nguloBt
non ImuIicIn Inat jwir,
Curn—RreH|»tM ludny 444,«D) tax
•Setlnnf 878.008 huatirU but jr*nr. siili.ii
li*.lny 13,800 liUihcN, *ff*|ii«t 493/e f,.i
lant year.
CHICAGO CAR LOT8.
8.9M.5
8,187.88
THEY STILL FEAR
MEXICAN REVOLT
I7y I’rlrate fwasetl Wire.
Han Antonio, Texas, Aug. 16.—Thsr*
have arrived from various points In
Mexico a number of refugee*, mostly
men with their families, who do not
propose lo tsk* any chances In regard
the anti-American .uprising which has
been threatened In Mexico for Septem
ber 16. After eeelng their wived and
children placed earely, th* men s* a
rule propose to return to Mexico sad
see the thing out.
Wheat..
• 'urn.,
mn.. .
lings--
COTTON SEED OIL MARKET.
New York, Aag. If.—'Tbs market far Mt
Inn aned oil wts dell, aoowlag Htopsksl
ehsngih. Angunr aa<l gspteran-r sre -'.1-
lly held, nr! effMtnga Irani ilm- i-i I line
are taken by the lending lulerests. Oci-.l-.-r
S UM a little' men Ik- low point, end
ere appeared tn Im ,-rr lllll- pre.Mirn
on ihe market. Iwirr didlrerira reniluue
to Mg, led with n >err sneill trn-l,- I'rl-es
6 Ihe rl,*e were qerknng-d I rein Mninlnr.
ere wse no business reported w.ie *
land. ( | | |
Align.I.. ..
Hepteiiile-r..
O-leher
Nnrsml
lleeein)M*r.
Jssosry
litwiiitwr .. 8MUII, 37 V r, i
iuhwr a.Voflr.v
ivmittrr.. I>< $.n>4
'rwmbwr .. »»
Mry fj*os4
Hair*. I0H Anguat *t S- * on>I 600 D* < -uiiy«f
at XH4.
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.
WAR
COTTON, GRAIN,
Hn Orittat.
E A LELAND
PROVISIONS; STOCKS, BONDS,
it. l Win si., hmn g.'Wbq Mnk,
Cllnfi Pfi'l • I Trait.
Cbitac* $1o<l0tl(h4*gt.
art Coiftt l
VIKBCKS:
frw r*ri C#ffM UtUtmr.
Hew Orltant Callot tithmgt.
LIttrooo! Cotta* Aiio'uho".
hiiait Wlrti la N»* lark. Mam Orttaai. Chltaga.
Balt Rut IW-
$ts*4ar4 t
W2L I- FEEL Freakiest.
ROBT. F. MADDOX. Vlra-Pre*.
MADD0X-RUCKER BANKING CO.
CAPITAL $200,000.00
SURPLUS AND PROFITS .... $500,000.00
ACCOUNT* INVITCO
We Invite accounts of individuals, corporations, bonk*
nnd Imnkere and offer tbe boat term.s consmtent with
eonservalive banking.
Id our Havings Department w* allow Interest nt the Rate of 3 1-2 per
cent. Compounded Semi-Annually.