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. THE rrr*9*m*T- ATLANTA GEORGIAN. WBDNBItPAT, jrNB It, 1** f MARKETS ^ PRICES LOWER fEELING IS EASIER IN THE COTTON MARKET. Weather Still Dry in Western Belt—Spot More Freely Offered. The July option In New Orleans was a factor In the cotton markets. It has reversed Its position and has ictuii weak today. Uverpoot was not encouraging tills morning, showing declines In both loots and futures. Sylnners Increased tbetr takings, sales aggregating 10,000 **Neiv York opened lower to the ex tent of 3@4 points. The bears were aggressive In the early trading and forced prices sharply lower, after ihlch short covering was sufficient to cause a slight improvement. The western belt still needs rain, otherwise, weather conditions are fa' gorable. The New Orleans market was un settled "Ith sentiment bearish. Of ferings of spot were freer, with buyers ihmvlng more Indifference than for ,-nie time. By Private Leased Wire. New York. June 13.—The undertone of the local cotton mnrket at the out set this morning was easier In face of continued dry weather all through the western belt, first prices being 2® 1 points lower. The hammering by the bears which was a feature during the last hour yesterday, continued thin morning, and the list gave way read- lit- After the call, quotations Im proved a little on a demand shorts in the late months. from SPOT COTTON MARKET. itlsnta-gulet. lie. New York—quiet. 11.30. Xow Orleans—Essy. llHc. Liverpool—Hteady. «.«d. Augusta—Steady. 11 3-Mc. Suvnunah—Stonily, lllir- St. I jtula—steady. 11 1-lfc. Norfolk—quiet, lie. Wilmington—Steady, WHc. RANGE IN NEW YORK COTTON. The following la tho range In cotton futures It. New York today: Pl „ io „ Open. High. Low. Hale. Close Closo .10.77 10.77 10.77 10.77 10.63il 10.KO-82 Jnlr . 10.7.*! 10.74 10.69 10.63 10.63-63 10. J Aug. .10.65 10.10 10.45 10.4* 10.4640 10.57-M Kept ...... ..... , t .jt ..... ifcfl*** .10.- «l IU.1I IV.WV 4V.11 4».» 47 io.48 roM taw m* ,61 10.53 10.42 10.43 10.41 Kg Tw* open. High. Low. Sale. Close. Cioi lone ' 10.95 11.00 July .11.1* 11.19 11-03 11.07 11.06-07 11.20 21 1X75 10.75 10.63 10.G2 10.63-64 10.80-81 10.49 10.49 10.41 10.41 10.40-41 10.49-51 10.34 10.34 10.28 10.27 10.26-27 10., ix37' ioi*7 ix2* iaio io.'30-a 10.43 10.44 10.40 10.40 10.36 NEWS AND QOSSIP Of the Fleecy Staple. rrlrate, wire to Wire * Inland New York. Jim.- U_Ltvenx*,'l opened -aulet 1 r] r1! t ?. a feNiWW At^u, l 8 ,Kwn. J °" n Bt k ® : hlture. due cobles: “Affected unfavorable fejP^VSIS 5 from Ncw UrIoal18 nud New '®r. k - Main* reported Texas.’* i.i'ri.fRifc l of the A inert ran Dock nt Toinpkinsvlllc. io nave rn .. nn , destroyed about L000 bales of T5 1 ? 7i? 8 the third flfo within “£? ^veeks In these wnrehouses. Y„Jl!n ££*** l,loom was received In S&S& UHhirt comp " rfl1 w,th June Motion market opened rather easr nnd lower on Liverpool cable* and mm M mm rains In Enstera stSST \\ -Id-bought considerable July on the tuR Market has not much strength to It at moment. We cannot See a prospect of prices. Think market o sal l of pew crop positions: market lacks support. v *' ftSSi continues ts hnmm.r the market. Ml vraJrStHai. ,to n ' ark, " : ofror,c * Prlnitn, wire to Glburt A Clay. *•» York- June IX—The principal tap Irooi.i 1 , an '’ a't-mptlog to strong L“5.57 C ” nb ' r ,mU " ,h '’ “PP-reur Chaxfo; D. Foreman ft Cm. Now York. W; /The cotton Industry of the country Is tp.be congratulated thi. morning .hi hi- iwvibablc nppolntin.nl of Olfror.l l'lnrhof na o.i-rc'nry of agrlrulturp. I'lurbot la youijg. Independent, competent and hou- liquidation h«re> occurred In the Eastern belt, and the beam hare become mor# aggressive, to atfi 1 ^ 00 * cab,e,: “Weak undertone, bard A • special to the Journal of Commerce 2°® J'o■bjnEton aaya: "Representatives! of ranniifm-ttiring Interests are a good deal stlri>»d up by tho recent statement on arre- age asued by the department nnd an* loud In Clidr complaints of the octlon of the iiurnoii. Peremptory requests bar* been |mnilu to members of congress for the trn iron fusion to congress of detailed data recn.ved by the deportment,'* I The map shows exccedlualy heavy nnd general rains In tWitlaoik stntes. The western and central portions of the hettmmj more or less clear with hardly any rnlflj JULY STILL FEATURE OF THE COTTON MARKET Now Y'ork. Juno IX—Tho Bun aaya: "July wiw aUlt vary much the feature of the market, although there wns after all no vary otrlklng feature. HUH thnt month wa« atrtwigcr here nnd In New urlenna that ■ a to' other. There la said to bo a h •hurt interest In both markets. NcedV-is to any, there la a hlg short Interest la the meet crop too. But Just at the moment tlw attention of the trade la focussed nn Jol.v. Tho crop movement at the aame time [a pretty light and the efriui of rott.in to fif-elgn mnrketa pretty large. Bulla lay atwne stress on the fart that the guvrrn- ov'Jit a estimate of the Inerense In uerenge Ha practically 4 per rent Instead of 6.2 per went na ererytxnly aunpoaed. Ilut this la .scareely a matter to dwell upon. All the facta nnd elrcumatnneea surrounding tho ciuto seem to point Inerltahly to the eon- t-tualnn that the Increase Is very much rrger than this, mid very few are fooled tr,- assertions to the contrary. Whether the hlg arrange will yield n |.|g crop la (another matter, for cotton history shows ‘very rlenrly that n large area by no muons (necessarily Indicates n large yield. The Jwenther. then, la the thing, to wntrh. RANGE IN NEW ORLEAN8 COTTON ... .... uiw, -un n. in o!t«« ,555-7* r,n ‘ tc<1 “ ,ollo ' v ’ N,w 'rTuVu Kdited by JOSEPH B. LIVELY Mr. Liv’oly linn edited Markets in Atlanta and the South for more than twenty- five years. His experience makes him tho most reliable mnrket editor in the South if not in tho entire country. L PRICES STRONG CLIQUE BULL TRAD ERS BOUGHT EARLY. Stock* Were in Free Supply and Commission Houses Were Free Sellers. By Private Leased Wire. New York, June 13.—Today*a*mar ket woe again one where there tvos lit tie actual news, a pronounced uncer tainty among the professional traders and In conaequence a very Inregular price movement. Two or three stocka continued to be bought heavily, but for reasons which seemed to be entirely distinct from considerations governing til** general imtrke*. The buying <»f St. Paul, which made the greatest show of strength, was once more a subject cf mystery m the trading party. The only other stock to show re slstance was Baltimore nnd Ohio, which, under the same rumors that were made use of yesterday, rose point nnd held Its gain. In other quarters the market during the fore noon was heavy and lost ground steadily. Larger blocks were for sale at the declining prices than have np pen red for some time, with special weakness In the Bteel shares. Union P.i' itii . •'upper, Heading and Hrooklyn Rapid Transit. In the stock market initial prices with comparatively few exceptions, In cluding Amalgamated, which gained 1-8, showed declines. Erie, New York Central. Colorado Kuel and I’ennsyI vnnla railroad started 1-8 lower; Read lng and Brooklyn Rapid Transit, 1-4, and Union Pacific, 1-4 per cent. The ftock market was made strong at the opening by a clique of strong bull traders, but stocks were In free supply, and after the early gains near ly everything «*n the list shaded off from the highest prices of the first few minutes. Commission houses were sellers of stocks. Governments unchanged. Other bondr firm. COTTON LETTER Jscnro^dsv^i^nmong^the shorts on fhla 16JMB ..New Orleans/June 13.~TlmesDemocrst: I0.tt-»j ♦‘'Seemingly yesterday's cotton market em it). 49 JJiPhilBtEed tlie absence of design on the July t'I'wrd steady. . 10 46 lo!65-67l position, the support In evidence being sen- 1 tlmentn! rather than settral. Other mar- LIVERPOOL COTTON MARKET. Llrrrnool June 11-12:15 p. m.-8pot cot-4 became apparent qalto early In the •1. vim HWniaiinti iiiil icinort ’ 600 He- vournsu until n vrnp arnre ran bn dural. tt5asa— 1 »%wpvmarr-» titure* opened quiet nnd steady. Opening ITctIoub Ranee. Cloae. Close. 5.864.85 5.83 5.87-546 5.824. m 1- &£*.» 6W5.61 X64-S.O E.S) r-.ct 6.60 6.60 6.66A6S 6.604.61 S.66-6.1 6.06 6.614.62 6.674.1 Jam* .Inly Jity Aug. lur.-S-pt. Ort.-Nov I«ec UnvJittt J«n. Keh I'd...March k»*c«i steady. TODAY'S PORT RECEIPTS. Tiu r.iliimlnc tnlilu abowa rrclpla at the pm i-ulaj, compared with tbu aamu day kit j-ar: •If- ttrluana.. 'talrentuu Mobile ... liTtDtUlh JVlflei <Mri-stfin Wilmington isltlntorp S'* V«rk fhllideliihla Nssseofa Total INTERIOR MOVEMENT. Bosston feswa ... M»mphl» lAllllo.., nmlnnati , Total •pln-ti L'.so " autuat 1 la.? yunr: MbMk*- "Win, ncalnat 4.124 kutnal laat jraar: COTTON SEED OIL MARKET. t,„ York. Jnno IX—Thu markut for cot- “n o u-l oil waa acalo dull and uaalcr, with r.’ « Itm-umhcr at He ducllnu. lutual *"tlntunt_ waa rather hcariah, ami to tha ,-aa rather heartah, ami to the -wifi ° r p »J>ort demand and with a nnlet --—'ll' trade, prluea were olferad -down -rv lltth- realatanee. farau lnturuata JJJ* t-UHawT to h* amall.'the l»* of Hit.- derasi»d has resulteil In s. de- ZUl Af a,K> at 3c per gsUon. There wsa *' , PPort on the strength of Isrd. snd SvF fiSTNS m^u?S^hlT^ BWSa-.J'* "6^ to He Jen- Dpealtt*- JH***- J^|y y ft 17 ^t‘t<-( fl l-> r ——mt^r ■ .ill 31WJJJ longer , .—sj- wit giro bulla n handle to work with. Thuv re not likely to ho very alow to avnll month hi thu o.-irl; ______ ,— bat pretty WM the wenk abort Interuat find found pro- droughty auutlona of thu belt Aetlvo por- thu mnrltet around fij the tall to Vmg aa currant vnluua mid uilallng rulatlona or atipply nnd demand rotitlnnu to flnunt de- llance lu the fncua of thu gladlateru of thu tnli-nt nt alt. Htraddlurs have i might thu [loan wiiinrelr In lb- nook, and July lu-ara anil October hull, cannot look nritn unvy on each other. Good weather will mean utouh, but It cannot mean 'glut.' Bad weather might taither the ,plumr daring nn entire year to rente: Ilui for the mo ment the rhanuu taking tmpulae bee re ceived an effective qnletue."—'Wa land. Vare A U- QIBERT A CLAY'S DAILY COTTON LETTER. New Orleane, June It.—Liverpool advice* were to the efTert that the market's undertone had become very weak and that It was a dimeutt mat ter to sell entton. The declining prices could. In all probability, be attributed to the very favorable crop report* that continue to be received, and options netted a loaa of 6 point* ever yester day's close. Spot transactions show ed a healthy Increase, however, amounting to 10,000 halea at t point, lower. The July liquidation, while not ao active today aa recently, neverthe- leu-continue* to be a tentative In fluence In supporting the market. Some aggreaehjeneea wae displayed by the short side In tha earlier trad ing, but the market offered so much restatance that bearleh tactics were more or lees abandoned, although the heavy ralna In tho eaatern belt were generally considered beneficial. For the moment, and pending the tlnal outcome of the July Specter, the mar ket may not entlraly reflect by price- change* the real character of the weather, aa an Inltuance, neverthe less, It Is a weather market, pure and ■Impla, and -ehould no extenelva re ports of damage be received In the near future, it Is more than llkaly that some concerttd action on the part of the bears will soon be witnessed, as aentlment seem* to be growing stronger dally In favor of lower prices. Chicago. Jun* IX—WHEAT mar ket after opening, aa a result of the advance In Liverpool cable*, ecorad quite a fair reaction, due to profit- taking by local longs and selling by commission house*. Tnd* ‘*> r ou*b- out waa featureleaa and of professional character. So long ae thu wav. of pessimism continue* to aaeep tha country, bjlllali now*, whether real or fictitious, will not only be at an exor bitant premium, but will be manufac tured to cult the bulla, hence It would ** *■ ALABAMA I GIBE3RT & CLAY 4TOCK6. BONDS. COTTON. CRAIN. correc. provisions New York, June 13.—COTTON—A lower range for cotton In Liverpool combined with continued small spot aales here ha* rauaed a reaction In our markets. New Orleans, Instead .,f tak ing the lead, declined ahqrply after the opening, prices breaking 10 points for July, nnd 4 to u for the new crop posi tions. Reports of rain in portions of Texas, where moat needed, also caus ed weakness. The confusing part of this market Is the fact that the July ptton Is selling higher than spots In _ ew Orleans, and It is Impossible to forecast the price movement with any degree of certainty. We believe that the selling of the October option has been overdone and shorts in this op tion may bo In a very uncomfortable position beforo the movement begins. On weak spots would buy. STOCKS—Trading on a limited scale in the stock market tills morning, and Irregularity In price movements. The Hal showed considerable weakness with the exception of St. Paul whltfhr contln ued to advance, selling at 182, the hety high record on this movement. Weak ness In Brooklyn Rapid Transit, and tho Steel Issues, which were Inclined to drag the balanco of the market with them. After the noon hour, the mar ital became very dull. The advance In 8t. Paul Is on the effort of the Inside parly to make the rights look na at tractive as posaJble. The reports of the subsidiary companies of Amalgamated Copper make a fine showing, nnd on any renewal of activity tjils stock will sell much higher. L. J. ANDERSON A CO.'S DAILY MARKET LETTER, New York, June 23.—A reactionary tendency In the cotton future market ■■■"'<iu*- prim Inally to profit taking and some selling on account of .reports of showers in ’tome sections, which have been needing rain. The Liverpool market waa about ai expected &a the opening, with sales of 7,000 bales, but eased oft during the session Iff re sponse to the easier tone In our mar ket. The markets as a whole have and light offerings. While the bears I argue that the .excellent condition of tbe crop Will Ultimately prices lower, the bulls on the other hand con tinue to believe In the unusual con sumption and the necessity for all the Icotton that can be produced from the present acreage, while experience In the from 11,080,000 bales consequent shortage In supplies dur ing the next twelve months. NEW YORK COFFEE MARKET. Tbe following tabic gives tbr opening mi-1 doting quot.itlout for coffre for future dslvegy today in New York* '764. M 804.90 January.. .. . ::::::::: p!?./.:: Jan. J«ly Aujraat-- >. SKiCSrfr:: .g*. :::::::::: t&S ruwed easy. 6.804.R 6J04.fi 185140 6.104.25 6.20 6.J54* < 6.504.69 6.60465 6.704.75 6.75480 6.854.90 6.60405 6.65410 6.164.15 8.20425 ATLANTA. OA. MCMBKRRi , T -»rit kt.iuk eiuhanrelNY"-O.Wana l ottna Eiuhanc- ; Irek rot,as Erabana. N.w <>.4..n« Hrerk |;,rhaaie. U»« 're lurk Coffuu Kxcaaniu i.Vuro <»4»nn. R..«rd »f I r.-l- and Lena Dlatanei^tophana*526X E, ' h '" W. A. PAGAN, Manager. •ace Board ef Tra-lu. pool Co,too A..ouu,lan Mton Cottoo KluhaafO. be a waala of lima to refer to true commercial condition*. Only one pos sibility that favor* the bulls, that be ing a aertoua calamity befalling the spring wheat crop, we naturally are In the face of thu bearish statistical news, coupled with the optimistic out look from a world point of view, can not conslstantly advise buying wheat around the present level. - CORN started higher on an advance of 7-Id In Liverpool, nnd on the report of very light acceptancea of the coun try here. Receipt! were not exceaalve. Good buying by locals and prominent operator*. The weakness In wheat caused considerable selling by com mission house*, who forced the market to under the previous close, but the ton* throughout waa relatively steady. OATS alio started higher with corn, and In a abort time advanced a full point over the previous day's cloa*. Profit-taking salea caused a set-back. Continue to advise taking profit*, and eaparlaily on the hard spot*. PROVISIONS—Thu tradu In provl.- |,,r.s today waa uxceedlngly dull. Prlc us ruled steady, though fractionally low er. Trade waa confined to the local crowd, a ho.were on both aldua of ihe market In a amall way. Thu situation remains unchanged La-ok. a* Ir prlc- vrare high un--ugh for the present. RANGE OF NEW YORK STOCK MARKET A inn I rn runted Copper * Atlantic Coast Line.....* Anierlenn Sugar lteflning nn Locomotive preferred Smelting Refining do preferred Atchison do preferred American Cotton Oil Ilnltlniore nnd Ohio.. Hnpld Transit ritlc Kiln Central Latttwr.... _nd Ohio.. lormlo Fuel nnd Iror jprefei t Wen tern......' .*...*.! I!.. .!. . - Chicago, Milwaukee nud 8t. Paul Pels nn re nnd liudnon IMntlller n Securities •»« Brie Sleet rlc lUinolN Crntrnl America n lee Seen rifle* Iioirlnrllle nnd Nashville Mexican Central Missouri Pacific New York. Ontario and Western National I^nd. Northern Paelfie New York Central Norfolk nnd Western Penns*Irnnia people’ll tins *Ycssed Steel Car do. preferred |{fpubllr Steel Itork l«ln ml do. i»n»fi-rr»M* Unltni Htaten Rubber. dn. preferred.... Sou them rnrlflc..,. Boutbcrn Knllwny do. preferred Sinn* Sheffield TeiiiM'MNee I ’ini 1 nml Iron :::::::::::::: Texas and 1'aclflc United Staten Steel do preferred YJrglnla-Uarollim Chemical... do. preferred Western Union •iisii Wit bn ah da preferred Wlseousln Central do. preferred *•".* jOpen IDghjLow.lCiose 106HI 1-«\| 107V lOTttl 10THI 108H 147 147 147 i 147 I4«s 1474 13*5 j ]3« j 135 ; ] C\ 135^ IJT.% 2674 269 J66 : .’67 ; 287 268 7*2 724 704 70% 7114 * IMW u. an; r.a. 150 | lfu->, 1N,S I5(H U4H 1S6-1 nth. mv mm list, ns-, SOH :--S S') , SJS s>H 'si"! 'j;ij 111 | ll.'l. 111 mq uh| sc. Ml. 1*> 1 lfti | i&shi l.W',' isnv. S7".t li'-I iisi 67«| K.\, fh,\ 42 414 • •A. I 10241 18% 1SH 1K0HI 1^4 Tft 226 614 hi 444’ «4 ••"4 l '- S ; 149 16S iS'J lip, 1-.' ICH liOH * TIPS FLASHED From Wall Slreat Itoom trmiura nru huarlflh oa pun.Tmlitic crop news nnd will endemor t»» foree de elines In specialties. I to not look for mach In tho way of IjIrIi clintiges. but it In intimated from quarter that coppers nnd steels uioro aetlvo In the near future. United Stntes Steel wilt nmke n splendid fnvor On well developed reaction* tnklng on tho cotnl stocks. Stocks irregulnr somo selling Union Pa* ritlc on tnlk of n poor start Tor corn, but BL l'nul Is noting strong nnd llnltlmore nnd Ohio seems to ho In demand. Think Copper should lie taken on whenovor It teRb wenk; also Steel preferred and Denver. Strength of St. Paul Is firming up bal ance or innrkct. Think any upturns In coppers will enrry Smelters with ft. Drook- lyn Rapid Transit weakening on talk of reduction In fare to Coney Island. Summary of yesterday's stock market by Dow. Jones Ac Co.: Atnerlenn stocks lu Ijoiidon steady at almut parity. Tendency of exchange makes gold ox* orts Improbable for n long time to come. Jjieknwnnua steel ordors on books Jun* largest In Its history. - * Steel wlro production for May passes nil records. Stocks plentiful In lonn crowd, with some reduction In demand for 8t. Paul. Nineteen ronds for first week June show average gross Increase 16.69 per cent Issue of {7.000,000 Irish land loan causes 4d per rent decline In consols. Cash to tho amount of 816,804.000 has re turned from Frisco, with 824,860,000 still to come. Congress cannot adjourn In present cir cumstances beforo June 28 and probatdy will not adjourn before July * James J. mu buys a retfd< Sixty-fifth street. i.*« In Erst STOCK SALES. & ..202.300 shares ..2>3.<»h shares .,MU0 shares DIVIDEND DECLARED BY PENNSYLVANIA ew lork, June IX—The directors of the Pennsylvania Kail road Company declared a send-annual dividend of 3 per cent, bo In crease of 1 per cent per annum. Tbe pre ylous dividend was B per cent and waa paid December Inst. Tbe par value is $So n share. The Issue amounts to lv\000,noo. all of which Is lasued and owned by tbe Peun sylvanla Railroad Company. THE DRY GOODS MARKET. ew lork, June IX—The dry goods mar ket was steady for the dny. Revisions Jn the prices of bienehsd sheetings have been announced nml others aro to follow. They ore on a basis about 8 per cent lower thou the price at which wide sheetings have l>een selling. Ksport trade Is very dull with Chinn nnd Hod Sen ports. Cotton ynrns were firmer. THE UVE STOCK MARKET. By PrivnU Lenwd Wire. Chicago June M.-llogs: Estimated ro- ilpta today, «,(*» Mnrket slow, wenk and Be lower. Quality fair. Left ovsr, 1* 786; bulk. $6.50'?I6.6'). Estimated receipts for tomorrow. 2XjftO. Light .hog*. 86.4W6.60; 6.©; rough, ere. 6 f,J4?i mixed, |6.40«6.«ri: heavy. |6 #Vf 86.3W6.4S; pigs, |& 4>*,H ;*; yorl 6-674: good to choice heavy, ffl 65*6.66. I Cattls relRnted rtMUUL Mift Jiartwl steady to 10c higher. Quality fair; beeves. Iltar 10; rows. 8i.30S4.40; ludfera, 82.4048 IL809TJ0; —— 85.2W.10; pOv, ..a stnekers snd feeders, 82.75111.70. NOTES ON GRAIN Pointers on Provisions. Private Wire to filbert & Cloy. Chicago, June 13.—Tbe favorable weather condition* and tho fart that rash uremlums In all markets are fading away will doubt- . ershndowed l»y the advance lu However, ns the recent advance, pinion, fully discounts every huillmi Llverpr WHEAT OPENED IlKht. Corn—Liverpool tire offerings there M Hi •venther here continues cpol and unfavora bin for rapid growth. The rapid advance yesterday was due to rovering by large short Interests. We ran see nothing nt tue moment to warrant any further advance in either corn or oat* ami strongly ndvuo* * Mb Is Says the Cblcogi islly outranked nil other markets la spec ulative activity and strength yesterday. * i|illte hirttk,',! I he y. n ernl public took a hand on the Imrlng side and competed with lorn! professional specie liuyrra were ho war* covartag shorts. Brokers credited with acting for (Icorgs Pat leu bought a Mg line, presumably put out *or time ago. There was quite n sharp rearib from top prices during the last hour. Thu was due mainly to less urgent demand from shorts nud to some increase In scattered of feringt. HnilMi sentiment ran high. Farm were selling very little corn at country the decline, the corn market started *ap and thereafter wheat ruled fairly strong and active, oats made almost as good a showing. There wns a large and gunersl trade. In which all Interests took part. The gmeminent crop report, showing a crop of 110.000,000 bushels less than last year’s yield, waa an Important factor. Its effect was to attract general pome Interest to Influence was the Increased run of hog oibro dtstnui months. Private Wire to Ware Si Lelsnd. Chicago, Jane 11—Claims nr* made In ic wheat trade that there has been a -aranl nr durum wheat large acreage of macaroni or durum wl sow ii slim- Mni 1 lu Kitiisiis nnd nkbilioimc this year that is not Included In the govern ment crop reports. Home of this wheat was sown to replace abandoned winter wheat area. Fifty cents was paid farmers for corn nt Knnknkco and near-by stations yesterday nflcrmmn, and n fair amount was bought, nnd bids at other points Iq Illinois were 4MM9e. Tho advance also brought larger acceptances front Nebraska and Iowa, lidt light stocks, there - us the farmers will any heavy selling of activity tn tbs fields. bo a place for It all, •Oil I"' nimble III .III lng to tho necessity Cosh business In Chlcngo yesterday waa 3&.0nfl wbeat. Including 1 ».""•» No. 1 northern at 4c over July In store. 3>o,i>» corn. 416.OU0 outs, nnd 6.000 rye. At tbo seaboard sales were 150.00U oats. on grain from New York to Liverpool. Crop reports from Kansas and Xohraskn were tbe most numerous nnd varied, me ••ring nil grains. They were good and very bid. nil depending on the sccIIoiin rovcri-M. This shows the extremely spotted condl tlon of tho crop. As to corn, In Kansas It wns generally conceded to bt poor. I'rorlsllon traders sro buying lard and selling short ribs, expecting them to work closer together. It'e expected that n short age In too corn crop and the high pric«* LIVERPOOL RESPONDED TO YESTERDAY'S ADVANCE. Rusaian Crop Report Unfavorable and Continued Drought in Sections Faotori. ran By I’rlrat* I^-muiI Wire. Chicago. June 13.—New wh menced to mors In the tout fact wns reflected lu the action of the mar ket, the rlo*lng price being 14-’ below tha highest notch of the day ami 14 off na com pared with tbr resting spot of Tuesday. Longs were good sellers nnd short lines were nut nut. The situation In wheat Is l-i'iirl-di. .iii*l iinli'A- the we.ithrr elfinges and becomes unfavorable the rsug< prl. ft will Hiir.-lv a lower |e\H 4’oarsc grains rnffered because of proflt inking by longs. They sold off nhsrly from . .. _ They oi , tbe best prices of the daf. , H6V lower Oats were off 4Tf4c for deft 11 til but 'v lip f..r -1 • JI v (ind pro vision* were a ohndo lower. Cash sales here were 62.000 bushels wheat,|H 136.O"0 corn and 190.000 oats. ' rltunry receipts wheal 213.000 basbc » bt * 1 id corn TJ'Vtro bushela, corcpa 165*0© and 279.00ii respectively a ye <*b*aranees ware bushels and flour, 66,000 corn and 3.^0 oats. CHICAGO GRAIN MARKET. lows l Open. W1IBAT- Jnly. . 844 Hept. . 84U Dec. . 844 CORK— High. 844 LOW. ClOS*. dote. S. : : s« R OATS— Date. 1’OItK— July. ,16.9(1 16.81 Hent. .16.© 16.© LAnu-_ i».: :a IIP Oct., HIDES- % :S:S W* Oct. ., 9.074 0.104 9.35 9.25 9.074 9.* 9.26 9.074 hanl winter. 71063; No. l northern'spring. 1440656k; No. i northern spring, Na 8 •prlng. 80O«. CHICAGO CAR LOT8. Today. Tomorrow. 3 6 24‘* 979 106 129 82,000 2H.0U0 LIVERPOOL GRAIN MARKET. Wheat opened U higher; 1:30 p. m., K H higher; dwsd 4 high#. Corn opened S to 4 higher; 1J0 p. 4 higher; rloaea 4 higher. NORTHWEST CARS. Following tabic gives tho north was! of grain today, list week and Inst jn will rush In the hogs before they or«> well matured, so thnt tbo make of lord Will bi reduced, yet of short ribs Increased Houlhefn millers af* In Oklahoma sod Texas for the new wheat offerings, want to get fresh supplies. Twenty active railroads decline cent. Private Wire to Olhert Sc Clay. New York. June 11—Marshall, Hpader A o.: "It I* freely stated this morning that 'ennaylvtnJa French loan negotiations are still Incomplete, though the stock wns nd- vanced yesterday largely on other Inform*- tlon. 1W advance I* Ht. Paul Is still at tributed the possibility of rights growing — -- **- .rr out of Its financial negotiations. _ _ the public mind would net In restriction of them operations." Daniel Odell A Co.: "Chatl non tlon of the trading'position as mnmiNw Tnmrioj duce cotton, seems to ns advisable In view of the damage to the crops devel oping yesterday afternoon and conflrmod weak to 10c lower. Umiiitv 83.4606.15; western. S|L4dM.li 85.75f/6-40; lambs, 86.25tf7.10; w THE METAL MARKET. By Private Leased Wire. New York, Juno 13.—In the metal markot trading waa practically at a standstill and price*, with th* excep tion of Spelter, were unchanged. The latter was strong at 6 points advance. adjournment of congress la Jn: H this month, nil bough we deem It good policy to prefrr tbo long side for t when the standard Hat n-enkens In t • -filtration nf stocks, and tbe tnoderato floating supply making th* market sus eeptlble to overselling 1 * 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. ... , js ton tiurrhnao was 2.C0O busluda t<» arrive In Chicago by July 80 from central Illinois nt Jn^r price In’store. Closing *“ WARE A LELAND'S DAILY COTTON LETTER. Now Orleans, June 13.—'Trading In cotton was llmltsd In volume today. Bentlmsnt was strongly bearish and under It prices eased off to the extent nf |3 points f. .1 .lul-. .in-1 *, f-.| till- lilt.'I ocked organization to carry the de rllne further. The belief that large holdcjh nf July had 1st go a |>hi-i >.f their loads on the recent advances mused less confidence among the weaker long following, which resulted In considerable liquidation. Taken all around the market hod few friends, and the wonder la that prtcea hel Minneapolis Duluth Chlcngo PRIMARY MOVEMENT. Tbe following figures give the prlinm^ movement of wheat and corn: Wheat—Receipts today flUV hfahets, last week 268.0UO hushrl*, sgalnvi .hit. laat week b'l-hrU In nt fs«r. Corn—Receipts tedoy 7W.0fJ bushela; last week 866,OjO bushels, agnlnat .'WU"*) bushels Inst year; ahlriiio-iita today BOO.'W) bushels; last week 96A.W) bushels, against 66N,0ui) bushels Inst year. Receipts 6.662. ngnlnst 23,157 last year and K3 In VJOL l ills 11,750. against 32.197 last year nlpi and 4.739 In 1»M. 73,712 ^ against 196,413 last year No grip Is so hard ta shake < that of early religious convictl Maurice Thompson. Frank Hawkins, President. . P. Thoms* C. . Cashier. B. W. Wyers. Asst. Third National Bank $200,000.00. $300,000.00. Capital Surplus Dr. A- W. Cslbesn. Milton Dargao Jobs W. Ofsst. Y. McCord. DIRECTORS! Frank IlawLlcs. II. M Atklsi If. M Atkinson E B W _ Joseph A- McCord. David Woodward. as well as they did. Crop news could hardly have been better. Heavy rains In the eastern cotton belt effectually put sn end to any talcs of drought snd provided moisture for some time to oome, while private reports wars to the eff«-« f Hiut •'•niddn.iMc inltl f« II ulmig the Oulf coast, where It wae badly needed. Pew bearish reports concern ing tho crop were received, nnd It w’ould appear that the conditions sur rounding the crop are as satisfactory as ctriitd be expected. * * ' Children born In summer'are. gen* erally awaking, stronger, healthier and brighter than those bom in win ter. American literature Is found In every Canadian home, writes Consul Seyfcrt from Htratford. The village and city libraries ar« filled with Amerlcnn books and American periodicals predominate. God's silences may be long, hut they are never the ftleucas of forgetful- k—Anon. per- Pungcnt nnd acid taste reived by the tip of the tongue; the middle portion tastes sweets snd hit ters, white the back, or lower portion, concerns Itself with fatty substances, such as butter. SOUTHERN EXCHANGE Oldest Established Offb e South. CO non STOCKS • BONOS -Mi Ground Floor Gould Building Dally market letter end market manual mailed on application New York beats the cities of th# world In the length of Ite street rail way tracks. If In one single track. Its surface, elevated and subway systems would extend In a straight line for 1,« Oil miles. L. J. ANDERSON A CO Bankers and Brokers, CODON, STOCKS, GRAIN Corrupoidut's Cipitil $250,000 RCrCRKNCC. THE NEAL 1ANK PHONE 1417. PRUDENTIAL BLOC WM. L. I'KLIre Presides!. RORT. f. MADDOX. Vice Pres. MADDOX-RUCKER BANKING CO. CAPITAL SURPLUS AND PROFITS 8200,000.00 $500,000.00 ACCOUNT, INVITCD We invite accounts of indiridnalt-, corporation*, iianks nnd bankers nnd offer the Ik; i tent* consistent with conservative banking. !r. our Having* Department v.*- aibiw Interea at the fta* of *1-2 npounded Heml-Annuai'1% WARE A LELAND COTTON, CRAIN, PROVISIONS, STOCKS, BONDS, fff. 3 Will ft., Film itlHIrq. Allah. 61. hltth Wlrtt li Htm Y$rk, 0tw Orltlil, Chittqi. till Fkat 1*2 (klctqi Sard it Itidi. CAUta Slick tufaqi. ir» /"rk Cifhi luhaqt. f. C cornAAH. Matar. Sladird Fka PIEDMONT BROKERAGE CO., (Incorporated.) Basement Floor Piedmont Hotel. STOCKS. BONOS. GRAIN. PROVISIONS*. INVESTMENT*. Fast Wire Service from Now York, Now Orieene, Chicago. CORSKSeONOENT* M. «!. *ACE A CO . 42 MOAOWAY. NEW YORK tow hotii Miiife Dltlaa Bill Fkat 1W1.