The Atlanta Georgian. (Atlanta, GA.) 1906-1907, August 29, 1906, Image 11

Below is the OCR text representation for this newspapers page.

| JOSEPHSl!vely( THE GEORGIAN’S RECORD OF MARKETS AND FINANCE 1 Ur. Ltrelj'i 28 jeers’ tiperttM* editing market* In Atlanta and the South haa made him a rec onciled authority In hla specialty. IN ALUMARKETS Liverpool Set the Pace By Opening Lower Than Was Due. OUR MARKETS LOWER Favorable Weather and Liberal Movement Are New Factors. ling CM Br Private Leased Wire. \enr York, local cotton low record. «•«»• ***y* c prettrtre nil ultra* th. Ilnr. pnrtlr Imlut™ f.v w.ftkncM In prlcpn lit Liverpool. First (■notations here were lower thnn due on the cable*, being 5 to 8 points down. They reflected tiearish aentlment that haa spread through the locnl trade la the nbf nuv Important ndrlcea of damage cron and the announcement tbnt new cotton was moving rapidly. After the call the prices rallied about 2 point* from the bot tom. The market at New Orleans dropped 15 points at the outset. Cotton for future delivery was weak lu all the speculative centera tula morning, liberal movement of new cotton and < tinned favorable reports from the crop lug the depressing Influence*. ng the depressing fnrt ueneei. Liverpool wn* lower than due at the opening, and the American markets opened lower than due In response to the decline In Liverpool, that not a few of the farmers In that sec tlon look on present prices aa fair. Receipt a for the half week at the Interior towns 33.621 bales, shipments 38,194, atock 58.178. No comparisons. Receipts of new cotton: At New Orleans 420. Galveston 6.950, Houston 2,663. Estimated receipts: ^ 19n6 oatveston 5*222!°o£K HS Houston 8.000 to 9.000 5.138 The close was steady 4 to 8 polnta higher thnn yesterday's close, covering by f causing a rally lu the late trading. SPOT COTTON MARKET. New Orleans, easy at 95-16e. Knvannah, quiet at 1 Ht. Louis, steady at Poston, quiet at 9.IOe. Galveston, atendy nt »?-18c. Memphis, quiet at Hie. Baltimore, nominal at Hie. * Norfolk, quiet nt 9%c. Mobile, dull at 9c. . Wilmington, nominal. TODAY’S PORT RECEIPTS. The foltowlng table showa receipt! at tba New Orleans . Galvcstou. . . Mobile Hnvnimnh. . . lf08 1906 831 8144 654 1328 15 434*'” 882 8963 73 a 4089 233 144 310 274 T 11306 14063 [ INTERIOR MOVEMENT. The following table shows receipts at ths Interior towns today, compnrsd with ths same day last yen*: WARE A LELAND’S DAILY v . COTTON LETTER New York. Ang. 29.—An effort to hedge some n f the cotton bought here for an advance broke the Liverpool market sharply this morn lug, and Octolwr sold within a point of the low price of the season. Wenk- I"**" abroad led to general selling and benr hammering In the local market, nnd It soon been me evident that there Was not enough •upport to prevent Deceuilier running through 9c to 8.94. which represented a de- ‘line of 90 polnta . from yesterday's high mvel There was the usual short covering on the break, and the market rallied Ml point*, only to hare trailing liecome dull, Inter on. price* slipped off again. There was a general feeling that heaviness In netolier, nud the fact that prices all "long the line reached a new low level mi this decline, all furnished, -evidences of a *ncglng tendency of the market as a standing |tro|Misltlon. that tendency being Interrupted from time to time by |>erfectly normal niwl healthy reactions. Reports irom the Hontli indicate one of the largest, " not the largest, crop ever gnthcred, ami ns long ns such reports continue there be little upon wweh to base argu ment* for the purchase of cotton. This •* the marketing season, which In Itself menn* pressure. Efforts to advance price* nave met with repented fall lire. The res- i° r It I* the Yuiormotia amount of cot- 10,1 r °f ««le on any advance. CIBERT & CLAY 8 ., „ DAILY COTTON LETTER. .yw Orleans, Aug. 29.—The sentiment was in marked contrast to that wtHr prevailing, and under the Influence vor ' 1 . 1 * reports, as to tha crop's prog- °Ptlon* declined steadily. Anally clos- !?* steady at a loss over the pge* ' * day's level of frrnn 13014 point*- were reduced 15 points; The liberal response by'Liver- L ’‘ ,f> the decline In the American mar- 52* 5***tenUy, and an Ideal weather map. t‘ , *|s»nslble for the loss In mines on further decline was occnslooed hroiigi, the liquids tlon of a small long In- V *" anticipation of a reaction, 5. f! '. >r on the part of the bears, tb.. .' r ' the only support furnished through the medium of urea of supplln “ f * wvering. If a large abort Inter- 1 Ire for selling. NEWS. AND GOSSIP Of the Fleecy Staple. Private Wire to Gllwrt * Clay. _J*fw York, Ang. 29.—Liverpool opened 19 C11H down. Hue 10 down. Local traders who bought earlier are now selling, which la causing the easi ness. Wek^-Brofc jsayj. “With the specula- Talk among spot people of bringing cot ton to New York for October delivery. Alexandria eablea report an active de mand for old crop Egyptian. The Journal of Commerce saya: “The day's trading was steady and of fair vol ume. In first bands, the willingness to sell forward from Oetobsr was s little more pronounced whenever goods could lie for delivery In the period between then and op to the end of the year. Bnv- ers manifested little disposition to take large quantities of goods, bat they found less fault with prices when they could be assured of shipments on the lines that have been scarce since the Jobbing season open- Reorders have been coming steadily since the middle of Inst week, and there nre many evidences showing a great vol ume of business going on with Jobbers In the middle west, the far west and to a ' -user degree In the south/’ New Orleans, Aug. 29.— Shorts covering steadying the market, which, however, looks weak and might work lower on pres sure. Market declining under selling for a few -longs who earlier expected a reaction. Tne eastern forecast Is for showers to night and tomorrow In North Carolina and “* Georgia .onlght a Weatern forecast Indicate! _ throughout tonight, with partly idltlor _ * * to yesterday’s decline, should cause Pi to seek lower levels. A dispatch from Tnylor, Williamson coun ty. says: “The boll weevils are working In the cotton to some extent, but no more than most had expected, and the rains of the last week made the rotton shed the Temple. Bell county, Texas, says: “T rill be less sotton received In August year by wagon thnn ever before known. The reason ascribed Is that after the rains which succeeded the June drought, cotton urns small, and. therefore, the India hare been late In forming. Ily the same rule, September receipts promise to exceed ttny« ‘ ng of the kind seen in previous sea- TRADING WAS WILD THE FIRST The Heaviest Transactions Were in Reading With Philadelphia Seller. OPENED FRACTION OFF Slumped Sharply Over 3 Points, But Quickly Re covered 2 Points. m pi thin_ sons. “ The Journal of Commerce says of Ar knnsns: “The plant Is large; In many in stances. strong and healthy, well fruited, and Holds clean, well cultivated and gen erally doing well, but there Is considerable Private Wire to Ware k Leland. New York, Aug. 29.—Liverpool opened Ir regular 9 down on near and 10 down on late. At 12:16 p. m.. 10011 down and steady; sales 4,000 spots. 15 down at 5.40d. Fu tures due to come 10 down. Market opened wenk. commission houses and local traders big tellers. Looks like go- n fotton° r continues weak. Tremendous blocks of cotton being thrown overlioard. Gathney nnd Hchlll heavy sellers. Can not •ee any hope for cotton, and think we must hare gradually lower market. Liverpool cables affected unfavorably on the poor receipt* from New York. Other wise the market shows no new fen tore*. Tone of the market Indifferent. Rather better demand from spinners. Think cotton shorts well run In on Inst advance. Considerable pressure, with lots for sale. Rellsve It Is n sale. New Orleans, Aug. 29.—The market Is barely steady. Shorts are tnklng profits, which check* the decline. No other sup port Is offered. Sentiment Is generally bearish. THE WEATHER local' forecast. By i*rlrare Leased Wire. New York, Aug. 29.—With the publication of the details of yesterday's Philadelphia failure, the atock market was quick recogfalze that It had entirely exaggerated the significance of the episode. The sus pension was due neither to stock spocu Iatlon nor to the real estate boom, con sequently whatever comment there had been yesterday on the assumption that a weak spot had been disclosed In the flnan clal situation was seen today to possess no force at all. A quick recovery was In order, and It Iwran In a remarkable man ner In the early London dealings. Be fore the opening of our market, American stocks were up anywhere from a point to 2 points, with nn extreme gain of 3ft on the Canadian Pacific. These advances were reproduced consistently at the local opeulug, Canadian Pacific sellln sn extreme gnln of nearly 6 pol sharp advances In the minor affiliated stocks. For a time thereafter there was considerable pressure on the market, par ticularly In Rending. Pennsylvania and Cop per, where enormous blocks of the stock were tl remark! era! list , upblddlng of Great Northern and Northern Pacific the features. The stock market opened animated and Ir regular, bnt with most Issues showing ad vances. Pennsylvania opened on 7,000 shares at an advance of 14 per- cent. Reading’s Initial price wns% lower. Atchison ojiened at a gain of %. as against 1934 yesterday. St. Pnjil opened, ex-dividend and rights, at 1754. The sensation of the market was an advance of 44 in Canadian Pacific. The stork gained 64 net. There was wild thullng all through the first hour with 1,000-sbare orders plentiful In numerous stocks ns to create general comment. The heaviest transactions were In Reading, of which Philadelphia was a seller on an ensrmons scale throngh local houses. The stock, after opening lower, rallied to 13(4. then dropped to 1*34. but on heavy buying It quickly rallied over 2 polnta. The buying around the room was of so Impressive a character that It forced room traders to hurriedly start covering aborts »ut out nt the low levels. The feature of he trailing was that Steels were fairly grabl>ed as soon aa they were offered. Governments unchanged. Other bonds are aptlve nnd lower. LONDON STOCK MARKET. * For Atlanta and Vlclnlty-Sbowers tonight WEATHER IN COTTON BELT. , Jackson nnd Meridian, clear nnd cool; Hattiesburg, partly cloudy and cool; Hnzlehurst, Greenwood nnd Ilrook haven, clear nnd cool. North Carolina—Greensl»oro, cloudy, ralu yesterday; Raleigh, cloudy and pleasant. weatTIer IN WHEAT BELT. STOCK— Anaconda.. Atchison Canadian Pacific Chic., MIL and St. Paul.. Erie do. preferred Illinois Central Louisville anil Nashville. . . New York Central Pennsylvania Rending Southern Pacific I’nloil Pnrlflr Pnlted States Steal do. preferred RANGE OF NEW YORK STOCK MARKET I OpenlHIghfLow Amalgamated Copper I 1^41 110 107?4 Atlantic Coast Une. 141 1444 144 ..... X .— fs*4 American Sugar Refining.. American Locomotive . dot preferred American Smelting Refilling do, preferred.... .7 Atchison do. preferred American Cotton Oil Baltimore anti Ohio Brooklyn Rapid Transit Canadian Pacific Chicago and Northwestern... Chesapeake and Ohio. Colorado Fnel and Iron Chicago and Great Western •Chicago. Milwaukee and St. Paul Delaware and Hudson......... Distiller’s Securities do, prefer red*. V. *.*.*. General Electric Illinois Centra’ American Ice Securities Louisville and N'ssbrtUe - Mexican Central Missouri Pacific - New York. Ontario and Western National Lest... Northern Pacific New York Centra!. Norfolk and Western Pennsylvania People's Gas Pressed Steel Car do, preferred... Pacific Mail Reading .... Republic Steel Rock Island ■ x isianu do. preferred . United States Rubber do, preferred....... Southern Pacific ....... Southern Railway .... do, preferred .......... Slnss-Sheffleld Tennessee Coal and Iron f exafe and Pacific nlon Pacific United States Steel do, preferred Vlrginln-CaroIIna Chemical do. preferred Weatern Union ■referred do, preferred -dividend 34 and rights. 88 » a •a 5* f* iiw Total stock s* iSh a i a 9 ■:\K 8* & T7s v m. CI’re!Slif*!cfre: lOWi 10S irni 100 shares. RANGE OF THE COTTON MARKET AT NEW YORK. Tli« following I. tb. r»it In niton ft C-low.1 .troilr. AT NEW ORLEAN8. Tfe. foHtirln. I, tb. rang. In cotton fa- fere. I. Jfew Orion, tod.7: a SL o Hlfb | 9 3 Si 1 5 II e ! J3 ft s k 3 Jl i a- Aug. .... Hept Get Nov tec an ’eb March. . . . 8.65 8.65 Ifi M7 9.10 9.12 9.20 8.0 8.69 8.65 8.87 9.03 Ml 9.12 9.23 8.65 8,80 IS MO 9.00 0.10 9.12 L* 8.09 8.84 8.* $M 9.10 9.12 u 8.8449 8.69-70 8.8344 8.9244 9.0243 9.10-11 9.14-18] 9.22-3T 9.68-73 8.73-75 1.88-88 8.96-98 9.0847 9.15-16 9.20-21 9.28-27 A tfe. . . . . Sr:::: Nov Itec Jan Feb March. . . . 9.32 9.01 8.3' ■«!99 9.01 •*is 9.32 9.01 8.96 LOO 9.08 fli7 Mi •v» *A90 8.96 LOT 9.29 9.01 8.96 LOO 9.08 eH 9.2040 9.0245 8.99-90 8.9941 9.0041 9.0748 9.11-13 9.17-18 9.28 9.0848 9.0844 9.0846 9.04-06 9.10-11 Hi Clored .tody. TIPS FLASHED From Wall Street COTTON REGION BULLETIN. meridian time, August : West and’ Southwest—Clear, M to 66 de- WEATHER FORECAST. Louisiana. Mississippi. Alnlmtna. Weatern Florida and East Texas-Fair W’edncsday nnd Thursday; light variable winds. Georgia nnd Eastern Horidn—Showers to ny and tomorrow; light variable winds.* West Texas—Local rains Wednesday and Thursday. .... - Arknnsns—Fair and warmer Wednesday; Thursday fair. WEATHER CONDITIONS. Cloudy weather prevails today along the Atlantic coast from New York to southern Florida nnd at a few nenttered stations elsewhere. Over most of the country rhwr •kies predominate. Rains hare fallen In the south Atlantic states, the upper lake region and In Montana. The greatest falls oc curred In Georgia, ns follows: Kastman 2.28 uches, Wayneslwro 2.74, Alnpstm 1.88, nnd STATIONS 07 DISTRICT. *At!antu, cloudy. . . •Chattanooga, cloudy.. Columbus, cloudy. . . Gainesville, cloudy. . Greenville, cloudy. . . Grlffiu, cloudy. . . . •Macon, cloudy. . , . Montlcello, cloudy, , Newnnn, cloudy. . . . Rome, cloudy Tnllnpoosa, cloudy. . . Bnnrtnnhurg, cloudy. . Tocron. cloudy. , . . West Point, cloudy. . . .t " ^Minimum temperatures imam hour period ending at 8 a. m. this date. CENTRAL STATION. Atlanta. . . Augusta. . . Charleston. I|I HI eat menaced the market. It would appear logfeal. In the natural course, of events, to expect a somewhat material renetlon from present prices (lending the govern ment’s report In the early part of next month, hot the short Interest, If existing roinine. manifests little or no nttensl- „ r »o, hence the opinion generally prevail* that, with favorable circumstances, mar ket prices will gradually drift to lower levels. And trailers anticipate that the annual report of onr exchange, which will prolwbly Is* available upon the opening of business September 4, will. In the fig ure* of supplies, constitute another Invent- GIBERT & CLAY *• ALABAMA STOCKS. BONOS, COTTON. CRAIN, COFFEE, PROVISIONS ATLANTA. OA. MEMBERS! v’J ,T°tk ttock RxrhangsJNew Orleans Cotton EzcbangeJChleago Board of oew York Cotton Exehsnce New Orleans Htork Exchange. Liverpool Cotton 1 York Coffee Exchange j.Vew Orleans Board of Irade.{Galveston Cotton . . . - Private Wires r<> nil enhances. l*ca! and Long Distance Telephone 5298. W. Trade. Association Exchange Savannah. 1 . . VIrks!Hire. . . . WTfjjiwffCTi. ... ~t lodyC its* Inappreciable rainfall. Max. Mia. « COTTON SEED OIL MARKET. n. FAGAN, Manaoerb Utter. was quiet with tone rather lellverles continue to show pport, nnd with the small i|»rt Is comparatively easy. Iverles, however, were easy, I tone was against values, ueciine in rmrnn and estimate of a Mr cot ton crop gave sellers of the forward deliver ies rosfidesee. The market was firm at the Uc to Ue up. Sail 1 * for is? 2.19) barrels. Octolier .. -pteniber 100 at XH<*> Bt 294c.—W'sre A Lelnnd. Open log. CUurti *%< December. . January. • Closed ates THE DRY high levelTn eeffwi good* generally today, j though buyers for export account made i strong bids for r—*MSil»na on future <|e- i Iheries. In woolens and silks, the pros- * peels for a good fall trade are distinctly Private Wire to Olliert k Clay. New York. Aug. 29.—.Marshall, Spader k Co.: “The Philadelphia affair Is very much more a matter of sentiment In its effect on the market than of any real Importance •• affecting the price movement. The worst npiieura to ne known, nnd, bad ns It Is In* reflecting a serious flnsuclsl scan dal, we are prepared to sec Its market effect fully discounted this morning. It Is geuernlly acknowledged that stocks have liern distributed to a considerable ex tent, and that Interests who have, sold out will be Inclined to work for lower prices on which to buy back stocks. Real Estate Trujt Company in hands of receiver failed for almut $7,000,000. This In facn of present money conditions has caused some anxiety. On Investigation, It Is learned that stock* were IK>ught r ‘ — “ ““ — the l»e*t peopl.. Advise buying Baltimore and Ohio on this decline for good profits. Think the market will be supported, and will dually disregard the Philadelphia fail ure. Anywhere around yesterday’s low level, think whole list good purchase, especial ly the rails. The New York Financial Rurean saya: Unfavorable technical deductions of our Tuesday morning's editorial as regards gen eral bullish aggressiveness, but favoring specialties having been, borne out by the action of the stork market during yester day’s session, the developments presented this morning from Philadelphia and Rus sia nre such as to encourage further !>ear- Ish operations, although wo expect to ses the market supported. We think the re actionary tendencies will be but temporary, and do not believe tbnt the fuiulnuiciitnla will permit a Iwsr market. Thu money ’-'’ng will, however. * _ according to tb< developments. An active market L . Iscd by the division of sentiment, and tha large profeslaonnl and other Interests In ths market. The real estate failure will prob ably bnve a good effect on the atock mar ket later on, because It will tend to re strict real estate operations, but It may cripple certain Interests for the tlrno, and ths alas of the failure will have a bad effect. The outlook la for an utifarorabls bank statement this week, with money rates firming and a Mg demand from the Interior for the crops. Of course, relief will lie presented when the time couies. bnt It Is 10 to 1 that the government will not extend* aid to speculation, bnt only to legitimate Industry. The Interest of the public In the market at this time Is dwindling on ncconut of the lack of ag- grea*lvenesa, and It la possible • shake out Is Intended. On any good break, wa would not hesitate to buy standard stocks Private Wire to Ware k Leland. New York, Ang. 29.— Stick affairs as came to light yesterday In the bank failure of Philadelphia makes one feel like get- ting ont or long storks. Would take ad vantage of Ann spots to realise. Dow-Jone*' sn.'Viary: American stocks in IxHidon stronger 401 iier cent shove parity. W. J. Brysn arrived from Europe to* 'ifcnl Estate Trust Company, of Pblladel- Ills, an Id to lie nlmut £.000,000 short. New York Central expects to Isane new latest THE COFFEE MARKET. advance of 6 to 19 rt k Clay. . . nge and close of the New York coffee market for to day: Opening Range. Close. - 6.fi9-6.6B ia-f.it 6.75-6.80 *804.90 NOTES ON GRAIN Polnteri on PtotIiIodi. rrlvftfe Wire lo Wore It Ij'himl. ‘T’*??*®' Au *; 29 —WhMt ohowp.1 * nod •lulndonr ot the .lore je.t.nloj, and will H.ely ,hnw Mine further advisee todar. The UIM-Dlnc la dull hnt uteady. crowd read, to »o either wa,. Home rain. In Barll of the northweat has canard a lit tle 1)u,Idc here, bnt nothing of eouse quence. , Minneapolis atocka decrease «.»» for four da,a. „ Thire la a lot of September wheat here on tap this morning. A lot of selling here on weakness In Min. neapolla. Oats - teinher _ _ only buyer short*** " w,c * n * M ngat, who was Chicago Inter-Ocean: It Is b*»tween bay and grass with the wheat traders. There has been a 15c break on the winter wheat movement, which has let up. The spring movement, which was exnerted to be well under way by this time, bos been checked *>7 recent wet weather, and is disappoint ing. It has curtailed operations by the bears, and while the bulls do not look for the movement right sway, they are afraid It might eome. and are going slow. Minneapolis had only nine cars ot new the quantity of wheat still avalfcb CHANGES SMALL IN WHEAT PRICES At Close Market Was Un changed to a Fraction Lower. BUSINESS WAS SMALL Fluctuations in Com and Ohts Covered a Very Small Range. By Private Leased Wire. Chicago, Aug. 29.—The best spots export Is very moderate, and exporters pre- reached for grain failed to hold, as £ KSJFr 1 Icago had len new earn spring ,eater- W heaL 1-8®l-»c up; 1-lc lowar fop corn, and l-4®t-8c higher for oats. Ho* products were ragged at the close. Cash transactions were 18 loads of Wheat. 8 loads corn and 80.000 buahels oats. At the seaboard, -8,000 bushels wheat. 88,000 bushels corn and 110,000 bushels oats. The market* all clowd rather tame. Primary receipts of wheat. 487,000 and corn S77, against 780,000 and 884.- 000 bushels, respectively, a year ago. CHICAGO GRAIN MARKET. fo^S ISiCV" lootatloa. _ . Previous Opsn. High. Low. Close. Close. day. Calls for cash wheat yesterday were more general, there lielng a better run of ontslde milling orders for car lota No. 2 red sold f. o, b. at lc over September and No. 2 hard at Septemlter price. D. T. Coon, of Ht. Iaouls. who Is consid ered sn excellent Judge of corn, has been Inspecting the corn crop In southern Illi nois by trolley. He wires that mnch of the corn Is late, and that which was fired recently remains fired. Many of the ears ore standing upright on the stalks, which, he says, would not be the case If they were filled well, nnd In all he does not think that hte condition of the corn crop Is good. Private Wire to Gihert k Clay. Chicago. Ang. 29.—Wheat cables firm. More wet weather northwest Pressure of September liquidation over. Market over sold and In good shape for speculative reaction. Good deal of talk abont Increased corn receipts, htft the demand continues excel lent. contract stocks exhausted. Bears not making mnch headway. Longs In oats quantity of oats that arrive pect very large qt __ ___ last week Is unaccounted for. “We are sorry to have to ronort that the propHs* of a big harvest In tbe Canadian west wll not be realised.” lays a special edition of Campbell k McLean Crop Bulletin, of Win nipeg. “The exceaalve I treat daatnge to the crop. In our Canadian west and NORTHWEST CARSb ears today, last Minneapolis. [mlntl^^^ January. February.. .. . March April M»r June...... . July August September.. .. Oetol>er November.. .. « December.. * i Closed steady. 170 . . ..6.754.85 6804.86 6*4.96 . . ..1904.* 7.00 :k+« ,. ... .1* 1404.46 , .. ,.1454.84 7.00-7.06 1904.* 1104.* 1404.* 1454.15 1554.60 HAS SO. PACIFIC EARNED DIVIDEND f Robert Ooodbody A Co., New York, aay In referenre to tin- recent dlrldend of 5 per rent per annum mi Southern Pactflc: “The Southern Pacific management atop at the tfatingsata could not lie usefully the stock coiili THE MADDOX-RUCKER BANKING COMPANY, with capital, sarplus and shareholders’ liability of $900,000.00, solicits ac« counts of individuals, firms and corporations. idle money waiting an investment can draw 31-2 per cent interest in onr Savings Department”*with° drawal any day without notice. WFIE1T- Jfe, 78' COBN- 8ept 4S1 Dee 44 Mjfrja, **' OATS— ffeu:- S Sept... 17.00 Jan 13.0 LARD- Sept... 8.65 - Oct.... 1.724 Jan.... 7.* 8IDRS— Sept... $.624 170 Oct 9.* 8.0 Jan.... 7.15 7.20 CASn WHEAT— No. 2 red 7 hard winter ' » a B* W4 SI 14 48% s* 44% 48H it ! i h 29*4 33H .g fi£ If 17.00 IT. 00 17.00 13.124 13324 13.49 If 1:1 if 8.10 8.70 1.65 fitt 1 Ha ?:£* PRIMARY MOVEMENT. The following figure* give the primary movement of wheat and corn: Wheat—Receipts today 90.000 bushel*, against 790,000 bushels last year; ship ments today 300,000 bushels, against 4.Y.- 000 bushels last rear. Corn—Receipts todsv 677,000 bushel*. gainst Mt.oon bushels last year; shipments today aiOOO bushels, against 253,09) bushels last year. LIVERPOOL GRAIN MARKET. Wheat—Opened unchanged; at 1:90 p. m., 4«? higher; closed 4c higher. Corn—Ojtened unchanged: at 1J0 p. m. V*c higher to unchanged; closed unchanged to 4c higher. Wheat.. Corn.. . Oats.. . Hogs.. L. J. ANDERSON & CO.'S DAILY COTTON LETTER krt was very weak today, the future market declining 13 to 14 and spot sales belu of 16 points. The 1 evidence that the spinners ars not In neeu of cotton at ths present time, and with the Inellef general as to a big yield ther are holding off In ths belief of lower prices. Crop reports continue to come In of a fa vorable tenor, ami until there I* mmo rhonge In this respect It Is difficult to nee bow* sny advance can be sustained. Brices In ths New York market today i have lM»en dine of I to 6 points Shortly opening there was an effort to cause i. ther break, but at the low level for the •eason—1.76 for October—short covering and is market thl* tin some supporting orders milled th« to abont the opening figure*. At ■ level. Home demand for stocks In loan Foreign houses considerable borrowers of Canadian I*aeiflc. Atchison earnings nearly 8 per cent after paying present dividend on common stock. Thlrty-thrre roads for the third week In Aiuraat, showman average gross Increase of 14 »snK r wll? lose heavily to the Interior this week, and especially to Han Frnnclsm. Indications that the gold for present will Ik* Imported from Anstralla. Loudon settlement proceeding aattsfncto- r "fcre.fe Industrials declined 1.18 per Twenty active railroads declined 1 per Htw 1 _ _ . E A COTTON, OP *«. 2 U*ff it.. Pt'tr: WAR _ - TRAIN, PROVI Htw ftrft Ciffn bfbBj* Mftfl