Newspaper Page Text
NEW CROP SELLS AT
SEASON’S LOWPRICES
THE ATLANTA GEORGIAN AND NEWS: TUESDAY, JULY 25,1911.
MARKET NEWS
Mr. UnTi K jnn' Uj.'tfu *f
•dltlaf market* la Atlanta and the Sootk
bu made h^a a rwifnlMl authority la
hli *p*culty.
RANGE OF NEW YORK STOCKS AND' COTTON MARKET
(BY PRIVATE LEA1EP WIRE.)
Still Bearish—A
Sharp Break Follows an
Early Advance.
New York, July 28.—Weaknese wai
again the dominating feature of the col
ton market today. Opening prices were
from unchanged to li point* below ye**
terday’a close. Poor rabies supplement
ing . liquidation depressed both old and
neW positions. Private cables reporting
a threatened famine In India as a result
of drouth was also a factor. American
weather was a bearish factor. After half
an hour’s trading the decline In new crops
was checked and a rally of 6 points fol
lowed. Futures and spot were quiet In
Liverpool.
— ill mi>iv *nvnm>« inn npnmL ....
bled
the hfgh levels. “The' fresh wave of sell
ing was probably due to rumors that the
National Olnners* association makes the
condition 89.9.
At 2 o’clock the market was weak.
At the close the market waa steady 3 to
40 points under the closing figures of
M Warehouse stocks In New Tork Tues
day 69.313; certifies^ 65,341.
Estimated receipts Wednesday:
1911. 1910.
New Orleans *00 to 400 451
Galveston 50 to 150 543
SPOT COTTON MARK ST.
^ tUnt*. steady; middling 1414.
ew Orleans, nominal; middling 14c.
NAMIC OK STIM’S
Amal. Copper. . .
Am. Ice becurltles. *
Am. Sugar lief.'. . .
Am. Smelting. . . .
Am. l.ocomotlve. . •
Am. Car Foundry. ..
Am. Cotton Oil, . . .
Am. Woolen
Anaconda
Atchison
Atlantic Coast Line*
Baltimore* A Ohio. *. ^
Canadian Pacific. . .
Corn Product*. . . •
Chesa. A Ohio. . . .
Consolidated Oas. . .
Central Leather. . .
Colo. Fuel A Iron. , .
Colorado Southern. .
Delaware A Hudson.
Denver A Rio O. . .
Distillers’ Securities.
Erie
do. preferred. . . .
^rr.-ra* Electric. . .
Coldfield Con
Great Western. . , .
Great N. pfd
Great N. Ore
int. Harvester. . . . ,
Illinois Central. . . . ,
Interboro. .
do.
6716
4(16
•7 t 4
79%
7*64
79**
"Stt
s*
67~
66%
i?!*
i85
iSS
M
246
.11*
14416
62%
105*%
245%
14%
82
146%
*1%
106%
246%
14%
81%
144%
3634
1414
1434
17116
iii W
17134
36%
67%
161%
6%
36%
67%
163%
36**
i&*
564
‘Hit
124
13~
tli’S
Mi
: ill* i
iff 14'
7.14.
nfw turn, quiet; middling 13.60,
Augusta, nominal: middling 14%.
Savannah, nominal; middling 14c.
Galveston, quiet; middling 13%.
Norfolk, quiet; middling 13%.
Boston, quiet; middling 13.60.
Philadelphia, quiet; middling 18.85.
Baltimore, nominal; middling 13%.
Memphis, nominal; middling 14c.
Houston, easy; middling 13*4.
St. Louis, r
Louisville, I
Little Rock,
Total sales, 420,000 aharcsT
PAftfB or STOCK.
Lehigh Valley.
L. A N. . . . - . . -
Missouri Pacific. . ,
N. T. Central
Northwestern. . y . .
National Lead. .' . .
Northern* Pacific.* I .*
Ont. A Wesiern. . .
Pennsylvania. . . . .
raciflc Mall
People’s O. Co. . . .
Pressed Steel Car. . .
Reading
Rock Island. . . . . .
do. preferred. . . .
Republic Iron and S.
do. preferred. . . .
Floss-Sheffield. . . .
Southern Pacific. . ,
Southern Railway. ..
do. preferred. . . .
Bt. Paul
Tenn. Copper. . . . .
Texas Pacific. ....
Third Avenue
Union Pacific. . . . .
U. S. Rubber
Utah Copper. ....
U. 8. Steel. > . . ^ .
do. preferred. . . .
Va-Car. Chemical. .
Western Union. . . .
Wabash... ......
do. preferred. . • .
W house Electric. ..
Wis. Central
W. Maryland
NEW YORK.
fatten quotations:
July
Aug.
Sept.
I Oct.
Dec.
I Jan.
i Mch.
j May
I
S
1
II
! |li
13.33
12.66
11.90
11.72
11.70
11.71
11.77
It.86
I3.l1
18.66
12.00
1L80
It.61
11.71
11.86
11.99
18.80
12.40
11.64
11.46
11.46
11.40
11.49
11.61
Tilo
12.48
11.64
11.46
11.47
11.40
11.48
11.63
m3 112.22-iS
18.47- 48 12.66-68
11.64-66 12.00-02
u.46-42 li.tiaa
11.46-46 11.82-84
11.40-43111.80-81
11.48- 49 11.88-89
11.60-62111.96-97
I, nominal; minnnnic nc.
, easy; middling 13%.
a. nominal; middling 14%.
le. firm; middling 14%.
ock, nominal; middling 14c.
PORT RECEIPTS.
Port receipts, compared with same day
1 1911. | 1910.
New Orleans. . . .
GalvMton
Mobil*.
Havannah
90
525
14
68
3
59
1.434
142
83
330
60
1,378
263
t
Norfolk
New York
Various
Total
744 1 3.680
INTERIOR RECEIPTS.
Interior receipt*, compared with sam*
cay la*t y*nr:
1911. | 1910.
Houston
Auguata. ......
Momphla©,
fit. ltrfJUi*. . ... .
Cincinnati
290 I 961
SS 140
456 149
15 86
67 | 130
Total *.l 155 | 1,466
COTTON MARKET OPINIONS.
Hayden, Stone A Co.—It would look
that a yet lower level la probable before
the basis for a permanent recovery la
» no chance for
lerati
__ _ lltlons chunge.
Miller A Co.—We continue hearlah.
J. 8. Bacho A Co.—We think chances
art In favor of higher values for the
having at last turned, makes them guess*
ers just like tho public were before they
Introduced their system of organization,
ke tho public were befon
their system of organtMMI
which has now become disorganised. We
think that today waa the time to get
away from the short side and luok on till
after August tender day.
Thompson, Towle A Co.—The short In
terest Is being covered every day, and we
believe open contracts are much reduced.
Rothschild A Nusum—The bureau fig
ures will bo compiled to cover July 25,
and as conditions are highly favorable.
Closed weak.
LIVERPOOL
Ptst.
Range 3 P. M Close. Close
July . . . 6.82 -6.12% 6.82% 6.12 6.85%
July-Aug. 6.10 -6.80% 6.80% 6.80 6.82%
Aug.-Sept 6.64 -6.63% 6.62 6.63 6.66%
Sept.-Oct. 6.17 -6.18 6.16% 6.35 6.41%
•t-Nov. 6.82 -6.81 6.39% ‘
-6 28% t ““
Dec.-Jan. 6.17 ... ..
Jan.-Feb. 6.21 -6.26
Feb.-Mch. 6.19 ^
Mch.-Apr. 6.80 -6.28 6.27
Closed barely steady.
NEW ORLEANS.
Cotton quotations:
July
Aug.
Sept.
rife'.
Jan.
Mch.
May
\ m
nunrnitt
12.46 12.54 12.
1196111.86 11.
11.70(11.76 111.
11.69(11.75 11.
11.71 11.77 11.
tl.82lll.S6 ll.
11.70(11.76(11.
40(13.40118.35
27112.32(12.32-33
,65 11.65 11.49-65
,39111.39(11.38-39
38111.39111.38-39
40(11.42111.41-42
49|ll.51 jit.60-51
61111.70111.61-63
a
13.44
12.57
11.94-96
11.79- 80
11.78-79
11.80- 81
11.89-90
11.99-01
Closed steady.
U. S. Department of Agriculture
Broke Sharply Under Heavy
- Selling Fire—Rallied
Briskly Later.
By CHARLES W. STORM. '
New York, July 25.—Under a heavy sell
Jng fire the stock market opened weak
and Irregular today with Initial declines
which were Increased by further liquida
tion following the opening. Union Pacific
opened of 189%, or 1% under yesterday a
close and rapidly went down to 169. Read
ing opened % lower and lost another %
within a few minutes. Amalgamated,
American Smelting, Erie common and
Steel were all off % in the flrtt sales.
There were several contributing causea
for the weakness. One was the news that
a number of wire manufacturers Indicated
for Infringement of the Sherman anti
trust law had decided to go Into Federal
court and plead “no defense;” others
were the disturbing influence of the day a
European news and the filing of the 8po<
kane rate case ordered by the Interstate
commerce commission, which were ef
fectlve In causing unsettled conditions
amang a number of railroads.
Profit- -
*ympat)
market.
Within a few minutes after the opening
here further losses were recorded In the
railroad group. Southern Pacific. Atchi
son, Great Northern preferred. Northern
Pacific and a number of other railroads,
which opened fractionally off, sold off to
a full point loss.
Southern railway acted in sympathy
and lost % In the first few sales. Penn
sylvania opened unchanged not Influenced
one way or another by the announcement
that the road contemplates spending 82,-
000.000 in improving the terminals In New
York city. .
After fifteen minutes of trading the list
had steadied somewhat.
The curb market opened dull and easy.
Standard Oil off 2 points, American To
bacco off 4.
There waa considerable profit-taking on
Americans In London and the ,* general
market tone was weak and Irregular.
| The unsettled conditions disappeared
during the morning, the early losses being
followed by brisk rallies. Union Pacific,
Lehigh Volley, and other stocks made
; rains of about 1 point from the lowest.
: The majority of the list showed only frac
tional losses at the end of the morning.
Brokers in London traded t »th ways,
polling some Steel and buying and selling
j •Erie. Rock Island and Union Pacific. The
/ j continent waa a Igftre seller. •
MONEY AND EXCHANGE.
New York, July 25.—Money on call 3%.
Time money unchanged; sixty days 2%,
ninety days 2%®3. six months 8%tf>8%!
Posted rates: Sterling exchange $4.8519
4.87. with ^actual business In bankers'
hills nt $4.8610094.8615 for demand and
$4 8415194.8425 for s!xty*day hills.
Prime mercantile paper quiet at 3% per
cent.
Commercial bar silver 52%c, a decllng
of %c
Mexican dollars 45c.
London, July 25—Bar silver steady
l-l«d lower at 24 3-16d.
MINING STOCKS.
Boston. July 25.—Opening: North Butte
S3. Esst Butte 12%, Nlplsslng 7%. Giroux
6%. Wolverine 112.
LOCAL STOCKS AMO OC.NDS.
TJPS FLASHED
FROM WALL STREET.
(From Hayward A Clark.)
New York, July 2S.*^-Carpenter, Baggot
A Co.: If stocks sell off. we believe they
are a purchase. Would buy Steel, Smelt
ers and Can preferred. Also hear Union
Pacific preferred has great possibilities
for a long pull.
Important foreign banking Interests are
taking Atchison stock steadily since re
port* *howlng com crop along thrjt sys
tem Indicates a big tonnage. ^
New York Financial Bureau Temporary
Irregularity is possible today. If you are
hung up we would buy to average on
weakness with stdp-order protection. This
Washington news has assumed definite
foYm Iff rate reductions. It is evident
that the bearish professionals are going
to try to get the market down to covet.
We do not believe they will get much
“ ^datlon.
9W-Jones Co.: American stocks In
London heavy % to % off. Interstate
commerce commission hands down <
sion In long and short haul cases ordt...._
23 per cent cut In commodity rates. Ar
bitrary market limits will not be fixed by
railroads hereafter, but commercial oondl-
NEWS AND GOSSiP
OF THE FLEECY STAPLE.
(From Hayward A Clark \
Nt\y York, July 25.—Carpenter. Bag«r 0 t
A Co.: Liverpool was due unchatmlu 0 *
iS lj tn 7 t ,| P ler on 4 ufu * t and l HtF**low«
71 ff',. b * l,nce - Opened »tead,lueTu
At 12:15 p. m. was ea*v lf»s ini,—
and 4(p5 net lower,
ported a decline of *
Later cable, £
ported a decline of %©IU from 1215 ’
“•Spots, lrr «P ll »r. Ynolit. lower, £|£
dllng,7.14, sales, 7,000; American, 6 soo-
Imports, 9,000; American, 1,100.
Great Northern, Northern .*-•«»«.. u
other roads In Spokane rate case for In
creased rates. Moroccan situation nearing
a crisis. Negotiations between Germany
and France so far prove futile. Steel in
vestigation reveals agreement of steel
plate pooL Conference on woolen sched
ule between Democratic senators and In
surgents today. Twelve Industrials de
clined .22; twenty active rails declined .41.
and
ATLANTA LIVE 8TOCK MARKET.
(By W. H. White, Jr., of White Provision
Company.)
Quotations based on actual purchases
for the current week.
Good to prime steers, 900 to«l,100 pounds
5195%. Medium to good steers, 800 to
1,000 pounds, 4% 05. Good fat beef cows,
1.000 pounds. 4«4%. Medium to
800 to
good beef cows, 700 to 800 pounds, 2%~04.
Good to choice heifers, 700 to 800 pounds,
Medium to good heifer*.
Wo
) pound., 1* 04-
Ado ve represent ruling prices on good
quality beet cattle. Inferior grade, and
dairy typea aelltng lower, .
Mixed common eteera. If fat, TOO to ...
pounda, 40414. Oxen, medium to good,
If fat, (3404V4. Mixed common cowa, If
‘ t, 600 to IM pounda, 41604. Mlxr/I
inchea, common to fair, 400 /to 700
|ounda, (3t0(3i- Good butcher bulls, io
Prime hogs, 140 to S00 average,
Jood butcher hoga, 140 to 140 average,
0446. Good to choice plga, 10 to 100
100 average, .
Above quotatlona apply to corn-fed
oxa.
choice Tennesaee lambs, 404. Medium
to^good lamba, (340434. God fancy aheep,
Cattle reeelpta lighter. Hardly enough
coming In to supply demand. Light choice
cattle around 860 pounda bringing tti
top. Medium to good cattle In fair flea
also In good demand; while grass cattle
of inferior grade are lower. Commis
sion man are anticipating good market
for anything showing quality for some
time to come. Tarda are about cleaned
up and ready for fresh arrivals.
Hog market about steady. Fair sup
ply. Quality holding up vary satisfactor
ily. Good many Tennessee sheep and
lambs In yards this week sold promptly
at price about equal to week ago.
LIVE STOCK MARKET.
Chicago, July 25.—Hors—Receipts. 14,-
and butchers, S4.4904.47M; rood heavy,
S5.40O4.4S; rough heavy. I4.1SO4.40; light,
: 4.4004.00; pigs. (5.2404.45; bulk, (4.440
Cattle—Receipts, 4,000. Market
beeves. (5.1007714; cows and helfe.
04.00; stockera and feeders, 13.1004.40;
Texans, (4.7004.10; calves, 15.50CS.00.
Sheep—Receipts. 15,000. Market steady;
..stive —‘— ** *' • '—*“
SS.7107.1
"S^Hsaaw
sulaOMatoM.I.OnuHr Q 4m, (J mb,,
MOYBE A HOLMES' OPINION.
am
low
Nsw Orleans, July 25.—The adjustment
of spot prices to new cron view* Is atIU
• denreaalnic factor, particularly In the
Knglliih market where spot quotations are
still nearly a penny n j>ound over the
price of new crop futurea. Spot prices In
Liverpool were lowered 8 points today;
due.
A cable from a house that Is consid
ered the best Informed says: “Conti
nental selling and bearish feeling caused
decline.” In the present bearish temper
there la. of course, also much bearish
news of a sensational character. Thus
a cable said: “Prospect famine India."
Thla may be the outcome of an unfa
northern half of the cotton belt, generally
cloudy In the southern half, general show
ers. heaviest In north Texas, north Ala-
, bama and Georgia. Temiierattires are
considerably lower In the northwestern
quarter. Indications are for generally fair
and cool In the northern half of the
belt and continued unsettled, showery
weather In the southern half.
Pallas. Tex., wires: "Boll weevil and
army worms have aiqteareil as a menace
to the cotton crop. Hundreds of com
plaints to that effect coming from the
principal cotton district* of Texas Heavy
rains yesterday In many sections, some
as much as 8 inches.”
The market showed a tendency to react
In the first hour, hut the absence of stsm- , t
Ina and consistent support Is a surprising J
K iture after a decline of 2c. It must j V
that a bearish bureau report on Au-if MP$9 _
gust 2 Is confidently depended upon f*»r | sellers In the way of putting out hedges,
a further decline. In the secoml hour < Provisions were firmer, particularly for
there was a bad break on rumor that Ns- (lard. In which there was good buying of
me -t.*- —-filing was scattered.
: Wheat 700.000 bushels
CEREAL LISE WEAK
AT MARKED DECLINES
Wheat] Corn and Oats Slump
After an Early Show
of Strength.
IT. LOUIS CASH QUOTATIONS.
Wheat—No. 2 red winter 82 011
Porn 64%
oat* (new) 21
t r „lcn« ... . „
being the fairly good export business of
vesterday coupled with today's firm ca
bles. Prices were up %0%c. Trade waa
small. There was some black rust gos
sip from the northwest being handed
about the pit.
Porn was up %Cf%c on an Improved
demand and smaller offerings In the pit.
Oats were fractionally better. The tone
wan steady and the trade was light and
scatterest with a fair commission demand.
Provisions were stronger. The Cudahy
Packing Company’s brokers were trying
to buy September lard, but the offerings
were limited.
Unloading by local longs and the weak
ness In corn caused the wheat marker to
turn weak late In the session after hold
ing firm and higher nearly all day.
Rather bullish foreign advices and good
export business had caused s firm feell
THE WEATHER’
CONDITIONS.
Atlanta, July 25.—The area of high at
mospheric pressure yesterday eentral In
the northwest has moved southward with
increased force and now covers the entire
Rocky mountain slope from the Dakotas
to Texas, with the atmospheric pressure
above 20.2 Inches, and accompanied by
a marked cool wave that has overspread
the country.
The temperature haa fallen considerably
In all sections. Including the cotton belt,
except along the gulf and south Atlantlo
coasts. Atlanta recorded a drop In tern-
K rature of 10 degrees, from 76 yesterday
66 this morning at 7 o'clock. It Is also
decidedly cooler throughout the lake re-
S on and Ohio valley. Temperatures above
degrees at 7 a. m. continue only along
the south Atlantic coast from Hatteras to
Jacksonville and over the Florida penin
sula.
Light showers fell during the past 24
hours In portion of the cotton belt, east-
for export, corn 105,000 bushels, oats 145,-
000 bushels.
Grain quotations: Prtv.
Open. High. Low. Close. Close.
above iow point for the ‘day. The de- Jan. 6.25
. cash spring wheat was good
was off %c to Sc. There was
good buying on weak spots, showing that
has friends around certa'
corn has friends aroun<
FOR SALE
Atlanta Bonds 4 !-2s
Also Other Good Municipal Bonds and
Bank Stocks.
Phone Main 1174
Georgia Mortgage & Trnsi Company
•OBK —
J’ly 16.10
K’pt.16.60
Jan. 16.76
I.AKD—
J’ly 1.27% 8.27’
8’pt .8.25
ern states and lake region under the In
fluence of the northern storm that haa
moved to the lower 8t. Lawrence valley.
Fair weather prevails In the Rocky
mountain region
..... moderate
... Jnds.
South Carolina and Georgia—Fair to
night and Wednesday; slightly cooler in
the southern portion tonight.
Florida—Probably (air tonight and to
morrow; slightly cooler In the extreme
northern portion tonight.
Alabama and Mississippi—Fair in the
cooler-on the coast tonight.
Washlnaton, July 25.—Forecast until 7
p. m. Wednesday:
Louisiana—Fair tonight; Wednesday
cooler In the southeast.
Arkansas—Fair tonight and Wednesday.
Oklahoma—Fair tonight; Wednesday
warmer In west.
East Texas—Generally cloudy tonight
and Wednesday.
West Texas—Generally cloudy tonight;
Wednesday wanner In the north portion.
KIRS
J’ly 1.45 8.47
8’pt 6.57% 8.62
Jan. 6.10 f.IT 1
CHICAQO CAR LOTS.
meridian time, July 15.
«TATtOS«8 OF
ATLANTA
DISTRICT
Atlanta, p. cloudy.
Chattanooga, clear.
Columbus, cloudy. .
Gainesville, clear. .
Greenville, clear. .
Griffin, cloudy. . . .
xMacon, cloudy. . .
Montlcello. clear. .
Xewnan. clear. . .
Rome. dear. . . .
Spartanburg, clear.
Tallapoosa, clear. .
Toccoa. clear. . .
West Point, clouily,
ton. A«ves
Georgia Railway A Electric.. 152 154%
do preferred 91% ,.; n
Attgr.ta A West Point R. R.. 132 1574
00%
(IH
American National Bank
Atlanta Cnal ft Ice common. 1M
Atlantlo Cool ft Ice pfd./...
Atlanta Automobile Ass’n...
Atlanta Rrswlnx ft Ios Co... jH
Atlanta National Rank....!. Ml
Atlanta Taxicab-Co. M
Central Bank A Trust Corp.. 145
S ecatur Street Bank
xposltlnn Cotton Mills ]„u
ourth National Rank 240’ 1 Ijj!
Fulton National Rank 114 ,,,
Geontta Ry. ft Rankin* Co., (tit* .
Hllljrer Truat Co 1,2^ jjj
i«
Realty Trust Co 0714
Sixth Ward Bank ] ijifl
Southern Securities \ 7% g
Third .National Bank 276 *2if
Trust Co. of Georgia^......, m
Atlanta Gasllibt 1st 5s joju
.W:. 1 ! 1 * ini
Ilf
CHICAGO CASH QUOTATIONS.
__ 12%
..Oats^-No. ( now II6MU, No.
5r # aw n BiflWK , "’* k "«
I whit,
, , . whits 1146
standard IM60l|£
LONDON STOCK MARKET.
Following are reeelpta for Tumdav and
estimated receipts for Wednesday:
(Tuesday ‘ Wedn’arfaj
Wheat
Corn .
Oat* . .
Hoga
1.079
1*6
364
36.600
•54
101
319
31.000
PRIMARY MOVEMENT.
WHKAT—
1 1911-
1510
R*<**!pta ....
Shipment* . . .
. . .' 1.294.SO#
. . .1 547.44*
1.204,nf-O
478.9-10
OollN— i i
Receipt* ....
Shipment* . . .
. . .f 349.000
. . J 602.000
175.000
493.000
Wilmington. .
I ChsrW - ion. .
j Aug -m. ...
' Favarrah. I
j Atlanta. . . . . .
VISIBLE SUPPLY CHANGES.
Rtmar**
: Ha In has been general In Texas. Lmii-
, . «- , .. Mo"* and central districts and scattered
tollowing shows Bmdstreet b weekly dtnr" n other portion* except Okla- . _
visible supply changes In grain for the Mrci>tin and Charleston district* v< *
. .-i-xwwiK w • lTm.prisf.tr*, nre lower In western and! •••-;»
Wheat, increaset 4.26L£«f bushel*. Ic utra! portion* of the belt.
Corr. decease 2.479.600 bushels. 1 * - *
oats, decrease M9.900 bushels.
8tock quotations:
STOCKS—
Amalgamated Copper
American Smelting
Anaconda
Atchison
Baltimore and Ohio..
(Canadian raciflc
Chesapeake and Ohio.. ..
Denver and Rio Grande
Erie
Illinois Central
Kansas and Texas
Louisville and Nashville
New York Central
Norfolk and Western.. ..
Northern Pacific
Ontario and Western..
Pennsylvania.. .. .. .. ..
Reading
Rock Island
Southern Pacific
Southern Railway
do, preferred
8t Paul
Union Pacific
United .States 8teel.. ..
do, preferred
abash.
preferred
, Open
METAL MARKET:
N«w York. July 24.—At tho motel »x-
ch.ipx,. Iixlny trailing waa quiet. Conner
”l“t in .Sent,-tuber 1124112.15. Tin 41.210
Lent! 4.45ft 4.55. Spelter 1.74$
COTTON 54(0 Oil.
.11 ,..t,rln.„ :
I 5.456<5.«5
6.54ft *.00 ! 5 4Mio.«S
C.5S4V51 5,54415.61
5 54H6.54 i 5.4SUS 44
5 .' -*i5 4! , 6.34f»S J«
SrtiUI 5.(24,4.24
. | i.Cs, 5 (S 6.(14,5.12
I ! 1 5.1.U-.
March : 6.44ft5,42 i 5.27ft3.2?
* Soleo. 11.540 IkutMs.
CARPENTER, BAGGOT ft CO.'S
r DAILY STOCK LETTER
N4W York, July 25.—Stocks, wars well
supported on tho unfavorable news this
morning and this Indicates that the large
Interests have the market well In hand
and ars disposed to Increase tholr hold
ings on all declines. The market Is get
ting In shape for a big advance a little
later, when tht also of the drops Is as
sured.
NAVAL STORES.
Ssvsnnsh, July 25.—Turpentine Arm at
4946054U; receipts. 1,(11.
Rosin, nrm; receipts, 6,0(4: water whits;
Brown. Drakeford A 6a.' cable;
ke ^rn!'. r t.’d n asp
week and 2,710 last year.
S-g-SF OkUhoma clear GdiWTSK
Journal of Commerce: As the mark.t
continues working to a lower basis i™
futures more mills show a willingness tl
make concessions to customers who orde?
goods ahead, but there Is still very f,,
£.«"> *ny desire^ manlfesled io
anticipate the value that buyers are talk,
ing o/Tand the great bulk of sellers will
not name prices Yolow the level that ha,
h”" prevailing- Actual cotton !• scar«
and high, and splnnera qa a rule will not
name prices on a.still lower level when
many goods are already priced on the
b*aI* at which futures are quoted '
First notice day on August cotton Fr|.
day, July 23,
Rtordan has attracted, much attention
this morning by his buying. The buyine
looks good. Not much Inclination to «e|f
Thomas J. Freeman, president of Texai
and Pacino, save the cptton outlook In
Texas Is the best he has ever known. He
declares the damage by the army worm
has been over-estimated and la not likely
to be a perceptible factor In the Injury-
done In the Brownsville district.
Following are 11 a. m. bids: July, 13 jo
August, 13.40; October, 11.71: December'
11.71;. January, 11.70.
New Orleans, July 24.—Hayward ft
Clark: The weather map shown generally
fair In the northern half of the belt wit-
much lower temperatures, generally cloudy
In the southern half with general show
ers, most extensive In north Alabama and
Georgia.
The map - Indicates generally fair and
continued cool weather In the northern
half of the belt: cloudy and showery In
the-southern half, particularly the south
eastern quarter of the belt.
Liverpool spot house says decline wa,
caused by continued selling end benrlnh
feeling.
Our Liverpool people wire: "Think the
market near bottom for the present.•’
The Louisiana state department ef
ariculturo says: "In most places entten
WEEKLY WEATHER REPORT.
Washlnaton. July 25.—Moderately root
weather for tho season prevailed over the
greater part of tho cotton-growing re
gion. Mean temperatures were below
normal except along the Atlantic coin
and over the western portion of east
Texas, where temperature was about nor-
mat or above. The greatest deficiency
was six degrees at Birmingham, and the
greatest excess waa five degrees at Pen
Antonio. Mean temperatures ranged from
74 to (( degrees over the eastern, from it
to (0 over central and from 71 to 90 de-
S ees over western portion of the cotton
It. The lowest mean temperature w»,
74 degrees at Knoxville and Chattsnoon,
and the highest *0 degrees at Del Rio,
Tex.
Precipitation occurred throughout the
cotton reglqn except that there wes none
over the- southwestern portion of east
Texes. Tho weekly rainfall exceedrd two
‘ ss in some parts of every cotton pro
ng state, but there was less than half
.Jtch over tho middle and western por
tions of North Carolina, the northern por
tions of South Carolina and Georgia end
In a few other scattered localities. More
than four Inches of rain fell at a few
widely scattered stations In Texas, Lou
isiana, Arkansas, and Mississippi. The
greatest weekly rainfall was 5.10 at Port
land, Ark.
NEW YORK COFFEE MARKET.
Coffee quotations:
January . .
February.
March. . .
April. . .
May. . . .
Juno . . .
July . . ,
August. ,
September.
October. ,
November.
December
enlng. I Closing.
:fl4.60© 10.05110.43 ft 10.49
. 10.50®10.65 10.6M10.49
. I0.5»©10.40lw.69©10.70
, I0.40et0.62 I0.69fil0.70
. 10.40© 10.45ll0.70@10.TJ
, 10.60©10.70!10.?0
. 11.4tBU.70m.60
. 11.(9011.50111.60
. lLMOtl.lO 11.(4011.17
. 10.(0010.95 10.92010.94
, io.7ooio.09|io.5oeio i;
, 10.61010.5(110.6(1110.49
NEW YORK GROCERIES.
Nsw York, July 25.—Coffee steady;
7 Rio spot, 1M601SV6. Rico, firm; don
tic, ordinary toprime, (640416.. Molqi
steady; New Orleans, open kettle, >(041.
Sugar, raw, strong; centrifugal. 4.((©4.49;
muscovado, I.M©(.*(; molasses sugar,
l.410(.7S;rennsd. strong; standard, granu
lated, 5.(5; cut loaf, 4.15; crushed, (.10;
mold A. 1.70; cubes. 5.40: powdered. 4.44;
diamond. 6.35; confectloners A. 5.20; No.
1. 6.10; No. (. 1.15; No. (, 4.10; No. 4, 6.05.
Cham, steady; white milk specials,
miomi; wholemltk faticy. 113401166:
skims, specials. 916: skims,-fins, SHOIV6;
full gklms, 6660734.
BUTTER, POULTRY AND EGGS.
Nsw York, July 14.—Dressed poultry,
dull; turkeys. 1(0(3: chickens, 110(7:
fowls, (014; ducks, 11. Live poultry, un
settled: chickens. 100(1; fowls, II; tur
keys. 11; roosters, 916; ducks. 11; lesss, ?.
Butter, steady; creamery specials, It:
creamery, extras, 11: state dairy, tubs, 11
0(4; process specials, (116.
Rgga, quiet; nearby whlti
19; nearby, brown fancy, 2
firsts, 22025; firsts, 17©2L
NEW YORK PRODUCE MARKET.
Nsw York, July 24.—Wheat steady: Sep
tember. 911409(16; December, (41(0(1;
spot No. 2 rod (now). 9164 e. I. f. New
Tork. 9(16 t. o. b. _
~ irn quiet; September, 4114; December,
; No. I In elevator, nominal; export
No. 1. 1964 t. o. b.
Oats weak; natural white, 4704416;
white clipped. 4714041.
Rye quiet; No. ( nominal.
Barley firm; malting, nominal.
Hay steady; good to prims, 11.(001.41;
poor to fair. I'leOll lO.
Flour dull; aprinir patents, (1.0004.(4;
straights. I4.40O4.M; clean. (1.9004.26;
winter patents, (4.4O04.7I; straights, (4.00
©4.25; clears, J(.47.7/3.70. , '
Beef firm; family. (12.00012.U.
Pork easy; mess, (17.5001900; family,
(14.00© 14.54.
Lard^qulst; city steam. 7.(4; gilddle
Tailow quiet; city In hogiheads, I; coun
try In tlercts, 11606.
Cloned steady. Bales ll.lto bofs.
LIVERPOOLORAIN MARKET.
Wheat opened 16d lower; at 1:J» p. ra.
Mras unchanged to lid higher. Closed Ho
*°Corn *opened M<! lower: at 1:10 p tn
was 14d lower. Closed lid to !4d lower.
ATLANTA MARKETS.
FOGS—Fresh candled eountnr. 1701©
BUTTER—Fresh country. W©15c
P °DRESSED POU LTRT—Drawn, heef
JflL.'SofS;. p £x5SA d: .oi?c n, Tur?m
0 \2&i'poUl5&T—Hens. MO'fSc: ne*j
SSLWJ& pay
( Grape fruit, 72.50OS M per
iches (2.000 2.60 per crate. CsnUloo JJ
^ l un M d.^nrr7ind»iJg
1 per car, according to *l»«
75cO>1.00 per crate. W-
2.00 crate. Tomatoes. teM*-
rates. (1.KO140- IRK
dozen. Pineapples.
e. Onions, (1.25 Per bu , l'«-
g. 11.7502 00 per bushel
else
Peoche
SOcOd.L. -- .
per pound. Beans, round green. H
per crate. Squash, yellow, per .Ix-bMBi
crates, 75c0(1.00, Wetsnnelons dull* 1
(40.00^40.00 per ear. according to sue.
slxhasket crates, (1
14020c per doxen.
1.00 per crate. Onl
Irish potatoes. 11.71
SItOVisiuna _ __„ t
by RTilta Provision CoraessTi
hams, 10-1 average. 1714c.
h.m.,ll,14_.vera f -.^ w
• NOVISIONS.
Corrected I
Cornfield
Cornfield
Cornfield skinned hams.
17 $«rnfleld plcnle hams. 4-1 sversn
Corn (laid break f*xt bacon, arent*
24c.
Grooera style bacon, wide or narrow,
Dixie fresh port sausage. Ilrk e» *«*
25-pound bucket*, lie.
20c.
Jones Flexotype letter Co..
444 Candler Ann«
Circular letters perfectly type
written. Small Job printing work.
Including electrotypes, done on or
dor. Correspondence
para our estfmatea and sample* '”
others tn similar lino. Work guar
anteed.
The American Audit Company
F. W. LAFRENTZ, C. P. A.
President '
THEO. C0CHEU, JR, 0. P. A. A. F. LaFBENTZ.
▼ice Fre*. and Secretary. Tressnrer.
T. P. HOWARD. C. P. A. 2d Vice Pres.
NKW ORLEANS—Matson MgcM.
PHILADELPHIA—BsllovM-Strstfor^.
WASHINGTON, D. C.-COlerado Bulls
III?.1ya|(KEK—Pianklnton Bank Bj»(-
NEW TORK—14* Rroadway. MM St an1
llh ATS t Waldorf-Astoria (
CHICAGO—Morqiietfs Rulldtng
h. is roN—Kxrhange Misliatng
ATLANTA—Fooru* Nsilonr.f Hank
I tn titling
Itl. tlMoAD-Mt.inM Building
H^l.TiMtiUE-Kevssr HiilMtr.g.
»A>? FRArtCISCO—CUns Sprsrksls
LON DO is? E. C-W Gresham St
C. B. BID WELL, C. P. A.. Resident Vice President.