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- -- - • --y* —■» ■ THE ATLANTA GEORGIAN. WBDNEBDAT, JUNK 1*, 1904. MARKETS BEARS FORCING PRICES LOWE fEELING is easier in the COTTON MARKET. Weather Still Dry in Western Belt—Spot More Freely Offered. The July option ln New Orleans was sstln a factor In the cotton markets. It has reversed Its position nnd has acted weak today. Liverpool was not encouraging this morning, showing declines In both soots and futures. Spinners Increased their takings, sales aggregating 10,000 jJJtv York opened lower to the ex tent of 2#4 points. The bears were aggressive in the early trading and forced prices sharply lower,- after which short coveting waa sufficient to cause a slight Improvement. The western belt still needs rain. Otherwise, weather conditions are fa vorable. The New Orleana market was fettled, with sentiment bearish. Of ferings of spot were freer, with buyers ihnwlng more Indifference than for (nine time. Bv Private Leased Wire. '.\>w York, June IS.—The undertone of the local cotton market at the out let i his morning waa enaler In face nf continued dry weather all through the western belt, first prices being 20 4 points lower. The hammering by the bears, which was a feature during the lot hour yesterday, continued this morning, and the list gave way read After the call, quotations 1m proved a little on a demand from (hurts In the late months. SPOT COTTON MARKET. Admits—Quiet, lie. New York—Quiet. 11.20. New Orleans—Ensy, 11'Ac. l.lverpool—Sternly, 6.09U. Augusts—Sternly. 11 3-16c. Sue slum h—Sternly, 1014c. SI. Imllls—Stendy. 11 1-ltic. Norfolk-Quiet, lie. Wilmington—Steady, lOHc. RANGE IN NEW YORK COTTON. The following Is the range In cotton futures In New York today: preriona Open, fllgh. low. Sale. Close. Cloae. .. .1(1.77 10.77 10.77 10.77 10.08-71 10.80-82 _ K-m ..... 10.27-39 10.49-00 .10.41 10.43 10.32 10.34 1 0.33-34 1 0.44-45 .10.41 10.41 10.30 10.41 10.1144 10.4344 Jun< 10.44*40 10. JIcli. .10.55 10.55 10.il 10.61 10.61-52 10.51-«2 Closed steady. RANGE IN NEW ORLEANS COTTON Cotton future* ranged a* follows at New Orleans today; i &ft9* Previous T)prn; nftfi. Lo*. Salt. CIrtse. Cioee. Juno 10.0.» 11.00 July .11.18 11.19 11.00 11.07 U.OW7 11.30-91 .1X76 10.T6 10.61 10.63 lft6*44 10.80fl .10.41 10.49 10.41 10.41 10.40-41 10.49-61 .10.34 10.34 10.2C 10.27 10.26-27 10.35-06 10.2*-» 10.36-38 .10.37 10.37 10.29 10.30 10. JO-31 10.08-01 .10.« 10.44 10.40 10.40 10.38 ~ “ LIVERPOOL COTTON Mfc&KET Liverpool. Juns 13.-12:15 p. m.—Spot cot ton hti'lness moderate, with prices easier. Mi'Mllmr. 6.60. Sales. 10,000 bales; Amerl mu. a.300. Speculation and export, 500. Re- Openlni lunge. JuwJtlljr illy.-Aug. Aujr. Hvpt. Isr. Jnu Jin. 1VI» 1VL.M mvli Cteswl steadj. Previous Close. Hose. 6.83 6.31 5.82-6J3 6.87*6.80 5.78-5.77 6.74-5.76 5.W _ 6.70 5.63 6.714.72 6.604.06 1.004.01 6.054.07 6.414.«1 5.61 5.66 5.63 6.60 6.66 6.664.65 6.664.61 6.664.07 6.66 5.614.62 5.074.68 TODAY'S PORT RECEIPTS. Tbr following tnblw shows receipts at the porta today, compared with the same day wit year: Nrw Orleana.. •wlveston .... Mobil,. flivsnnnh ..... JWnlk jwftliiiore v “ York INTERIOR MOVEMENT. Boom,,|, ins'infu jrfunhl* *' Louie Queiimatl Total .77777777777 .. ESTIMATED RECEIPTS. be. orleana expects 2.200 to 2.700 bales, **•' -MS actual last year: (lalveaton. S* I" 1.501. agalast 4,134 actual laat year: kit j,'.','r ‘°° to 1 .° 0 °. °3*l**t 3^37 actnai COTTON SEED OIL MARKET. 1**—The market for eot- oil was again dull and enaler, with 1 "'"ember at He decline. Local wmln,o ur mther bearish, and In th# *2*2 " f '‘sport demand and with a nnlet trade, price* were offered down very little residence. large Interest* 1-n..t ...[.porting the market, aad while ten, "" '■laltned to be small, the lack of 7; ''-“and haa resulted In a de- nf about 2c par gallon. Then- waa n'lpport on the atrength of lard, and it th..V r - .report* of some export iDqnlry '-T- 1 - The market at the cloae rju2d. n,icn *“ rrt ,0 * c Jen- 'opening. ill lteiT* r ii>-vi3.. yican “"-r 31«,'(,U 31'afj32 NEWS AND GOSSIP Of the Fleecy Staple. Private Wire to Ware & Leland. New York. June lX~Livrri»ool fnttiren ' T .“,“"nMrTtdown on 7(«Vi u,-.. I" tn- * to 3 down; Idle. bales ffiit i SSwn* d< " rD •* 6n, i fu,ure * <J«» httEFSLSN*- " Aff ecled unfavorably ItX. rt riP\^eS ,? “' "‘“ 1 - N ""' inH ti5.! ,0 o 1 or ,hu American Dock S“„jra.t Company. at Tompklurllle. dtmmeod 8 !!•'S J c«t<'rdny la reported to have eo 7n or destroyed about LOCK) boles of eotto°. Jhl, was the third lire « *»*i In tlios.. warehouses. bloom was reeelveil In LI*last j*r t<Kl ' , J. compared with dan. -7 r .*“ > . ****** niarket opened rather easy b’" c r on Uverpool cables and aome r'JJVr. 1 * *>* needed rnlus In Eastern state*. Marked 1!l! sht considerable July on the call, moment h “L not niueh atrength to It al !* ™ cut. YTe cannot see n prospect or « I ' rl< ' e ‘‘ Tblnk market a sole ■Shit htciaf SSS£ D, ‘ w rrop po * ulon,,i KkjHenBMgnaa to hammer the market. 5,WO <ktobS m .‘?'lo‘S. DUrk, ' ,i 0<rcr ' D * Private Wire to OlberTft city.- \°^ k ’. Jone If—The principal sup- linnUffg^i 1y * nrt attempting to -‘reng/h J, 0 f U j u I | )eceml,<?r nnder the apparent CtertjS D. freeman A Co., New York. cotton Industry of the country * congratulated this morning ou tly* dliinlssal of James Wilson and S!SHSL* p, 5 ,,ntl 2f u \ of Glffo , n . 1 rtnehot of . “fricultqre. I'lnehot Is yoting, Independent, competent and hon* New OVleans, July lX-July liquidation appears, nt least for the time &lng, to HI® ponrae. Much needed rains P®J* the Eastern belt, nnd the bears have tiecome more aggressive. to^ 1 * 001 c * b,e * : “Weak unklertone, hard ^“^‘“L.tothe Jonrnal of Commerce from >>asulngton says: "Representatives Jfi™? n« C » t * r l2 ,c * I"®'* deal » ,y *A e »tatement on aero* fW WOdJjy the deportment and are loud In their eomplnlnta of the action of the bureau. 1 ereraptory re<iuests hare been made to inembers of eongreM for the 2S2,™ 11 J° .congran« of detailed data received by the department.” The map shows exceedingly heavy and general rains In the Atlantic stntes. The westeru nnd central portions of the belt nr# or less dear with hnrdly any rainfall, •r weather la general throughout. JULY STILL FEATURE OF THE COTTON MARKET N *w York, Juno 13.-The Sun «ay»: "July »«« yU 'cry mueli the featnre of the there wm. after nil no feature, still that month wna :Lr 5TL!) , ' r 'o.v nd lr ! New Orlenni than In "ny other. There la aald to be a largo ahort lutereat In both market*. Neo.ll "a, to any, there la a big abort Intereat In Ibe next crop too. But Jnat at the moment the attention of the trade la foenaaed on July. The crop movement at the aamo time la pretty light amt the efflux of cotton to foreign market! pretty large. Bulla lay •ome atreea on the fnct that the govern ment a eatlmate of the Inereaae In aereng.) fo practically 4 per cent Inatead of 9.2 per cent ae everybody annpoaed. But this la jeareely a nutter to Swell upon. All the fnete and elrrnmatanree anrroumllng tho c"»e aeem to jxilnt Inevitably to the con- eltulon that the Inereaae la very niu.-h large, than thla, and very few nro foe led vaeertloni to the contrary. Whether big acreage will yield a big crop la •nother matter, for cotton history .hows Very clearly that n large nren by no moana neceuarlly Indlentes n large yield. Tho weather, then, la the thing to watch. In ...Wliie.nivru 1CXIIS 11 .Will nt l.'Bll glVO the bulls a handle to work with. They are not likely to be very alow to ovofl ,i — ,t- e opnorr ong the & *Clay. ..New Orleana, Juno U.—Tlmea-Demoerat. Ke.ml.gly yeatenlny'a cotton market em- ptmalxeil lue absence of design on the July piiflltlnn, tho support In evidence helug aen tlmental rather tbnn actnai. other mar- s iterest had found p apparent quite early In t__ Meanwhile, new . crop longs are - J hard In the,effort to kr— — courage until a crop scare can be oped, for the growing crop la progressing nicely, and rain la fdrecasted for the dronghty section* of the belt. Active par- tlcinanta In, the speculative arena are few qnd far between, end grndnal realtaatien of the practical Impossibility of yanking the market around by tho tall ao long aa current values nud existing relatli supply ami demand continue to flai fiance In the faces of the gladiators ring Is not improving the temper _ talent at all. Btraddlets have caught the lance sqnarely In the neck, and Julv (tears and October bolls canfiot look with envy ou each other. Good weather will menu much, but It cannot mean ‘glut.* Rad weather might Itother the spinner during an entire year to come. Rut for the mo ment the chance taking Impulse has re* reived an effective quletno.”—Ware ft Le land. Edited by JOSEPH B. LIVELY Mr. Lively has edited Markets in Atlanta ami tlie South for more than twenty- five years. His experience makes him the most reliable market editor in tho South If not in tho entire country. STRONG CLIQUE BULL TRAD ERS BOUGHT EARLY. RANGE OF NEW YORK STOCK MARKE Stocks Were in Free Supply and Commission Houses Were Free Sellers. By Private Leaeed Wire. New York, June 13.—Today-* mar ket waa again one where there was lit tle actual nevva, a pronounced uncer tainty among the profeaslonel trader* and In consequence a very Irregular price movement. Two or three stocks continued to be bought heavily, but for reaaons which seemed to be entirely distinct from conelderatlons governing the general market The Buying of St. Paul, which made the greatest show of atrength, waa once more a subject of mystery to the grading party. The only other stock to show re sistance waa BalUmore and Ohio, which, under the aame rumor* that were made use of yesterday, rose a point nnd held Its gain. In other quarter* the market during the fore noon waa heavy and lost ground steadily. Larger blocks were for sale at the declining prices than have ap peared for some time, with special weakness ln the Steel ahnrea. Union Pacific, Copper, Beading and Brooklyn Rapid Transit. In the stock markat Initial prices with comparatively few exceptions. In cluding Amalgamated, which gained 1-8, showed declines. Krle, New York Central, Colorado Fuel and Pennsyl vanla railroad started 1-8 lower; Read Ing and Brooklyn Rapid Transit, and Union Paclflc, 1-4 per cent. The stock market waa 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 on the Hat shaded off from the highest prices of the first few minutes. Commission Houses were sellers of stock*. Governments unchanged. Othar bonds firm. GIBERT A CLAY'S DAILY COTTON LETTER. New Orleans, June 13.—Liverpool advices were to the effect that the market’s undertone had become very weak and that It was a difficult mat ter to sell cotton. The declining prices could, ln all probability, be attributed to the very favorable crop reports that continue to be received, and options netted a loss of 8 point* over yester day's close. Spot transactions show ed a healthy Increase, however, amounting td 10,000 bales at 3 points lower. The July liquidation, while not ao active today aa recently, neverthe less continues to be a tentative In fluence In. supporting the market. Some aggressiveness was dtsplayad by the ahort aide In the earlier trad ing, but the market offered so much resistance that bearish tactics were more or less abandoned, although the heavy rains In the eastern bell were generally coneldered beneficial. For the moment, and pending the final outcome of the July specter, the mar ket may not entirely reflect by price- changes the real character of the weather, aa an Influence, neverthe less, It It a weather market, pure and •Imple, and should no extensive re ports of damage be received to til near future, It la more than likely that some concerted action on the part the bears will soon be witnessed, _ sentiment seems to bs growing stronger dally In favor of lower prices. Chicago, June 13.—WHEAT mar ket, after opening, as a result of the advance In Liverpool" cables, scored quite a fair reaction, due to profit- taking by local longs and selling by commission houses. Trade through out was featureless and of professional character. So long, as the wave of pessimism continues to sweep tne country, bullleh news, whether real or fictitious, will not only be at an exor bitant premium, but will be manufac tured to suit the bulls, hence It would GIBERT & CLAY '• *■ ALABAMA I STOCKS. » ON ?5- COTTON. OBAIN. COFFEE. P BO VISIONS ATLANTA. OA. 6 1 ,T«rk flloefc Ex-hxngelNew Orlesn* rettee Krchangr. CMrago Bosrd «f Tfsda. I v7?. Cotton Eii-hini-.'N-w QtMM Kt~-k Kn-i.iiivi'. Urerpool Cirtion ■lurk Coffee Exthsux- i»w orient- Board of Trade.I'iell!■(« Cottoo gariMSg*. L «»l end Long OlaUnci Teltphene" 52«8-' E * Ck " W. R. FAGAN. Manager. New York. June 13.—COTTON—A lower range for cotton In Liverpool combined with continued small spot sales her* has caused a reaction In our markets. New Orleana, Instead of tak ing tho lead, declined sharply after the opening, prices breaking 10 points fur July, and 4 to 6 tor tho new crop poal- tlnnn. Report * of 1.11II in portions of Texns, where moat needed, nlao caua ed weakness. The confusing part of thin market la tlie fact Hint the July ptlon Is selling higher than spots In New Orleans, nnd It la Impossible to forecast the price movement with any degree of certainty. We believe that the selling of the October option has been overdone end shorts In lliIn op tion may be In a very uncomfortable position before tile movement begins. On weak spots would buy. STOCKS—Trading on a limited scale In the stock market thla morning, and Irregularity In price movements. The Hal showed considerable weakness with the exception of St. Paul which contin ued to luhunce, selling nt 182, the new high record on tills movement. Weak ness In Itrooklyn Rapid Transit, and tho 8teel Issues, which were Inclined to drag the balance of the market with them. After the noon hour, the mar kel lie. lime very dull. The ailvam e 111 St. Paul Is on tho effort of the Inside party to make the rights look as at tractive as possible. The reports of the •ubuldbury companies of Amalgamated Copper make a fine showing, and on any renewal of activity this stock will sell much higher. L. J. ANDER80N A. CO/8 DAILY MARKET LETTER. New York, June 13 A reactionary tendency In the cotton future market today, due principally to profit I airing and aome selling on account of reports of showers In some sections, which have been needing rain. The Liver market was about aa expected on opening, with salsa of 7,000 bales, but eased off during the session In re sponse to the easier tone In our mar ket. The markets as n whole havo been very quleL with note very steady and light offerings. While the bears argue that the excellent condition of the crop will ultimately force prices lower, the bulls on the othar hand con tinue to believe In the unusual con sumption and the necessity for all the cotton that can be produced from the preaent acreage, while experience In the paat Indicates that a crop of not far from 11,000,090 bales la likely and i consequent shortage In supplies dur. Ing the next twelve months. NEW YORK COFFEE MARKET. The following - tabic gives lb* opening and closing quotatlnaa for coffee for future delivery today la New York' Jannary «d£«!?9 February .. .. 6.704.00 March.. 0.IO4JO ffi$S iSf/.vi:V* August «»** September.. *.25 October 4484.0 November <154.11 December 9664.00 Closed easy. Close. I 4.504.6) *.*06.05 *.704.75 L734.S1 5.854.80 *.004.(16 *.064.10 4W4.; *.2)4.1. *.2S«.S^ S. 264.40 441440 be a waste of time to refer to true commercial conditions. Only one pos sibility that favor* the bulls, that be ing a serious calamity befalling the spring wheat crop) we naturally are In the face of the bearish statistical news, coupled with the optimistic out look from a world point of view, can not consistently advise buying wheat around the present level. CORN started higher on an advance of 7-Id in Liverpool, and on the report of very light acceptances of the coun try here. Receipts were not excessive. Quod buying by locale and prominent operators. The weakness In wheat caused considerable celling by com mission bouses, who forced, the market to nnder the' previous doe*, but the tone throughout was relatively staady. OATS also started higher with com. and In a short lime advanced a full point over the previous day** doss. Profit-taking sales caused.a set-back. Continue to advise taking profit*, and especially on the hard spots PROVISIONS—The trad* In provis ion* today was exceedingly duU. Prices ruled steady, though fractionally low er. Trade Was confined to the local crowd, who were on both side* of the market In a small way. The situation remains unchanged. Look* as If prices were high enough for the presenL Anaconda AuH'ricau Locomotive «lo preferred AmcrlriiM .Smelting Henning.......... do preferred ...a....*.... Attn I son do preferred American Cotton OH * Iliiltimoro nnd Ohio Hrooklyn Kaplil Transit Canadian Pacific Chicago nnd Northwestern............. Chesapeake nml Ohio Colorado Fuel nnd Iron do preferred Central Leather Chicago and Great Western Chicago. Mlltvnnkeo and St. Paul....*. Delaware and HadBOa......... Dlstlller'a Securities...... Erie do preferred General Electric Illinois Central Amerlean lee Securltiea fiOulHviile nnd XaahrUle.. Mexican Central Missouri Paclfle........,..^,. New York. Outario and Western National Lead Northern PaetAc New York Central Norfolk nnd Western IVnnnylrnnln People*! . On* Pressed Steel Cnr «... .i.,......... no. preferred Paclflc Mntl Hemline ltepublTe Steel ltock felnna, do. preferred United Staten Kubher do. preferred Son them Pacific Southern Railway do. preferred SloamSheffleld Tennessee Coal and Iron Texns nnd Pacific I'nlon Pacific ...lit... United Stntes Steel do. preferred Virginia Carolina Chemical... ••••*... do. preferret Western Union Wabash do. preferred.. Wlaeonain Central d« preferred. preferred. *m Union.. preferred!!!!..!......I...... TIPS FLASHED From Wall Stroot N. u York, .him* i;l I-• >n<l<<n nfernl.v Room traders nro hcnrlMh on pessimistic crop newv nml will endeavor to forct de clines in specialties. I)o not look for much In tho way of langra, but It U Intimated from A high tarter that copper* and ateela will be more active In tlie near future. United Stntes Steel will make n splendid show of enrnlnffs for thu present quarter. On well developed reactions would favor taking on the good stocks. Stocks lrregiilnr some net line Union Pa rifle on talk of n poor stort ror corn, but Bt. Paul la nrtlnie strong nud Itnltimore and Ohio storms to lie In demand. Thluk Copper should lie tnken on whenever It turim wenk; also Steel preferred and •enver. Strength of St. Paul !• firming np bn! once of market. Think any upturns In copper* will mrry Smelters with ft. Rrook* Irn Itnpld Transit weakening on talk of reduction In fare to Coney Inland. Summary of yesterday’* stock market by *>ow. Jonr* ft Co.: Amerleni London steady at about pnrlty. Tendency of exclifl ports Improbable for i Jjaeknwnniin steel ora< 1 largest In Ita history. Steel wire production for May passes all record*. Stock* plentiful In Inn crowd, with some reduction In demand for Ht. Paul. Nineteen roads for first week Juno show re rage gross Inrreaoo 16.69 pei Issae of f7,000,ono Irish land %d per rent decline in consols. Cosh to the amount nf )16,804.ftrt) ha* re turned from Prlsco, with 8:4,850,000 still to come. Congress cannot adjourn In present cir cumstances before June ih and probably will not adjourn before July J. Janie* J. mu buys n resfden:# In Br.at Sixty-fifth street. Private Wire to Olbert ft Clay. Soxv York, June 13.—Mnrnhall, Spodsr ft a: "It Is freely stated this morning that Pennsylvania French loan negotiations ore still Incomplete, though the stock was ad vanced yesterday largely on other Informa tion. The advance In Ht. Paul Is still at tributed fo tho possibility of rights growing out of Its financial negotiation*, while !j»- on the public mind would act In restriction of these operations.” Daniel Odell ft Co.: “Continuation of the trading position aa recommended Tuesday In Having that the uuenlmotte bullishness should Indue* cotton, seems to us advisable In view of the damage to the crops devel oping yesterday afternoon and confirmed STOCK SALES. ..878,100 shares ..418,000 shares ..548,500 shares 11 a. m.. 12 noon .. 1 p. m.. 2 p. ra.. Total .. DIVIDEND DECLARED BY PENNSYLVANIA Bv PrlT.ti! Li-.mmI tvire. I4.w York, Jtin® IS.—Tli. director, of tho r.on.vlr.m. It.llruad L'ompsnj dMlired , Mul-amiunl illvlifoml nf 3 par rent, an In- } P-f cut twr annum. Tho pre- rlnu. dlrldrnd was t par rent and w.» ti.lil Dpremlitr last. Tb« par vain* I. *50 * ,l*«u* amounts In lio.ooo.ooo. nil of whlrh l. la.mil anil nwned lij tho l'rnn- sylvan!* ltnllrond Compnnv. THE DRY GOOD8 MARKET. Bv Private Lens'll lYIre. New York, Juno 13.-The drj good, mar- let wna stead- *— * k - *— “ • • the prices announced nml others nra to follow. They eadT for the dny. nevialnn* In of bleached aheetings Iiuto been nml other* nro to follow. They I)iial8 about 3 per cent lower than , - PI. Which wide sheetingR hav boon nelllng. Rxnort trade is vei with China nud lied “ yarn* were firmer. . ---- —»g. du. Sea porta. Cotton THE LIVE STOCK MARKET. By Private Lrn.id Wire. Estlmatod ret ain w, wenk bulk, 8*.jWfli«i! Estimated reeHnt* for T0 £*i*2?« v L,fht bojra, S6.406NI.fp; ft,. kvSiVsi; /Sft Rood to elmlrc heavy, $*.064(6.66. Ipt*. Market ,'i- uigm-r. QiuiMty fair; beerea. rowa, $1 (Ik,(4,40; brlfera, t:wt l, $6.00777.90; B""'l prime .(••era, _ -- . poor to lueiltmu, $t J"i|...jo; •toeker. «nd feeder., $2,765X474 HheriH-Katlni.ted receipt". 13.000. Market ;e«k to 10c iow.r. qualli, f.tr; native. l weatern. $) mill; yearling,, --*-40; Iambi, $5,307.10; weitorn $d. NOTES ON GRAIN Pointers on Provisions. Private Wire to Olbert ft Clay. Chicago. Joue 1JL—The favorable weather conditions and the fact that caah premiums ln all tuarketa are fading away will doubt- lent lu> overshadowed by the advance In Liverpool- However, ss the recent advance. In our opinion, fully dtacmints every bullion factor to date. Do not ndvlao purcha; only on very decided recessions. ties offerings there light, . while weather here continues cool and unfavors bio fer rapid growth. Tho rapid advance yesterday was due to covering by large ahort lutereats. \Yc can tee nothing at tun juotneut to warrant any further advance in either corn or oat* ami strongly n«lviNw Coro ulatire activity and ■trength yestenCy. The advance* waa quite maraud. The gen eral public took a hand on the buying elds nnd competed with local profeaslonel apeeo lofore for rather scauty offerings sll day, Among the speculative buyers were n iiulu l*r who were covering shorts, llrokers credited with acting for Georgs Patl taught a big line, presumably nut out so time ago. There waa quite n sharp react! from top prices during the last hour. This was due mainly to lean urgent demand fro*u shorts sml to some Inereaae In scattered of ferings. Ilulliah sentiment ran high. Farm- era were selling very llttlo corn at cauatry station*, hut Inatead were buying futures here, wheat values scored a moderate aft- ranee. tat the market was poor second to com, for much strength was drawn- There waa a weak start, Influenced by tho clear weather northwest, easier foreign markets and the rapid progress of harvesting opera tions southwest. Strong local speculator* support was given the market, however, on the decline, the corn market started lip nod thereafter wheat ruled fairly strong and active. Oats made almost as good a showing. There was a largo nnd piiral trade, lit which sll Interests took part. Tho government crop report, allowing n crop of 120.000,000 bushels less tbnn list year’s yield, was an Important factor. Its effect was to attract general public Interest t« * it. Thu short b.iy crop naeglttfi _ Jeal of consideration. ITovlalnm were dull and esaltr. Tbs chief depressing Influence waa the increased run uf hogs West. July product was weaker than tue more distant months. Trlvste Wire to Ware ft r*etsnd. Chicago, June 18.—(Malms are made. the wheat trade that them has been a large acreage of macaroni or durum wheat sown alnce May I In Kansas and Oklahoisn this year that fa not Included In the govern uieut crop reports. Home of thla wheat wna sown to roplsco abaudoned winter, wheat arcs. and bids at other |>olnts In Illinois were 4off49c. The advance nlao brought larger acceptances from Nebraska and Iowa, bn* the corn handlers floured that, with the of activity In tho fields. dU.l"") mih'.h. in* I'l'img i J.i""' An at 4c over July In store, 3JO.OOO corn, 418.0)0 onts. nnd 6.000 rye. At tUo seaboard salt?* were lfto.oou oats. Ocean freights are alow nt Id por bushel on grain from New York to Liverpool. Crop reports from Kansas and Nebraska were the most numerous and varied, <-ov crlng all grnlna They were good nml iNsTw flwlWiMiiiiMi ~~ no. THE METAL MARKET. By Private Leased Wire. New York, Juno 13.—In tho metal market trading wo* prartlrally at a ■tandatlll and price., with th. *xcen. Hon of Spelter, were unchanged. The latter wo* atrong at 3 point* advance. tkl. morning, well •• today', reported .dtournment of eongreM In July In,lead of Ufa month, nlibnugh we deem It good galley to prefer the long nlde for turn, ■lea the at.nd.rd Hat weaken. In aym- patby with nrafeaalouil raiding, th. con- miration of atneka, and th* modem, bolting .apply making th. market .u.- reptlbf# to over-MlIIng." 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. . - :s nsni ssfsraL This show* tho cxtrcmoly spotted condi tion of the crop. As to com, In Knusua II was generally conceded to bs poor. lallon traders are buying lard and sailing short ribs, exporting thorn to work closer togothsr. It’s nipt-rtcd rant a BOort- atre In the com crop nnd the high pried will rush In tho hog« before they ore well matured, so that tho mnko of lard will bu reduced, yet of short ribs Increased. (Southern millers are In Oklahoma and Texas for tbs new whont offerings, wont to get fresh supplies. Tbs first trade In now No. 3 rod wheat for tbo new crop was made yesterday. The Darefc*to was 2,000 bushels to arrive In Chicago by July 80 from central Illinois at July pries In store. Closing .of spread* In whret tat ween Chi cogo nnd MlmienfHills reduced the differ sure between the two market* yesterday from 1H to 114c. WHEAT OPENED LIVERPOOL RESPONDED TO YESTERDAY'S ADVANCE. Russian Crop Report Unfavorable and Continued Drought in Sections Factors. By Private Leo no. I Wlro. Chicago, Juno 13.-N.W wh„t ha, rom- turned to mov. In the unuiliurit. Thla fact wna reflected lu the uctlnu of tho mar- - ' «t 1 Mg 1 iMdng U,■■ 1,.’low th. hlglirat notch of tbr dny noil !>, off n. c.m- patvd with tho resting »pot of Tnr.dnn Long, war* good arllrr. nod ahort line, on,1 n.t out The iltuutlon lo wheat I. hcitri.fi, and uni.-- the weather el,mgr. • nd beeome, unfarwuhle th. range of price, will ,uridy o lower level. CoarM gr.ln«,.iiffercil lnr.M. of progc taking hy tong*. Th”,v Hold off iharly from the_l>e.t price, of the day. _Corn. < l,.«o.| 'lower' 9, but .... ■ on. were n ah.de lower, t'n.h ule. her* wer* 32.90) buahel. wheat, 1JB.WO rorn .mi 1W.N9 u*ta. Primary receipt, whent 313.000 Im.hei. »ud com 76'.00 huihrlH, compnred with 146,009 and 379,000 rr.pecllvply a year ago. t'learance. ware 215.0>i huahela wheat and flour, 66,000 com and 3,900 oat*. CHICAGO GRAIN MARKET. WIIHAT- July. . Ml Hcpt. . Mi Open. High. MU Low. ClOM. do rditN— jJK**- Kept. 7 B:i 1:8 ■ Df. ., ** I’OIIK- Jnly. .16.99 * >nt. .14.63 16.8 LARO- JuljT . 3.MH 8.13 Hept. . 8.97H 9.09 0 Hh)i«^” ■" Oct. .. 9.07H 9.1014 r>*u, 16.87H 0.05 0.05 9.07H 8.82V^ 0.96 9.35 9 07H Caah Wheat-No. 2 red, 37fl«; No. » red. MM3; No. 2 haul winter, »■,*(*!; No J inrcl winter, 7IOS2; No. 1 northern »iirlng. <4,06614; No. 2 northern epring, No. 3 eprlug, 30CM. CHICAGO CAR L0T8. Whent Cbm ... Today* Tomorrow. LIVERPOOL GRAIN MARKET. Wheat opened Mkltbrr; 1:39 p. NORTHWE8T CARS. Following table gives tbo northwest of grata today, last woek aud Inst yn Frank Hawklos, President. H. M- Atklneon. T. P. Tnomee C. Rrwln. Aait. Ceahler. Joaeph A. Record. Ceahler R. W. Dyer*. Aait. rubier. Third National Bank Capital Surplus Dr. A. W. Calboao. Jobs w. Orest. T. McCord. Frank Hawkins. $200,000.00. $300,000.00. II. Nunasny. _. ferrsll Pays#. K ft Hotter. David Woodward. WM. I* Fmu rreoMso'.. HOBT. r. MADDOX* Ylw-Prre MADDOX-RUCKER BANKING CO. SURPLUS AND PROFITS . ACCOUNT* INVITED $200,000.00 $500,000.00 We invite accounts of individual, corporations, banks and ban kern and offer the bert terir.t consistent with consenatire banking. In our Saving. Department we allow Inter..: At the Rato of 3 1-2 per. cent, Compounded Semi-Annually WARE * LELAND’8 DAILY COTTON LETTER. New Orienna, Juno 13 —Trading In cotton «u Itmlted In volumo today. Sentiment wu* gtrongly bearish and under It price* enaed off to the extent of 12 point* for July and * for th* later IHielllon before noon, but tho bear* lacked organlxetlon to carry the de cline further. The belief that Urge holder* of July had let go * pert of their load* on the recent advances reused lees confidence among tho weaker long following, which resulted In considerable liquidation Taken nil around the market hnd few friend*, nnd the wonder I* that price, held up a* well at they did. Crop new* could hardly have been Better. Heavy reins In the eastern cotton belt effectually put an end to any tales of drought and provided moisture for him time to come, while private reports were $o the effect that ronslderatde rain fell along the Gulf coast, where It wa* Badly needed. Few bearish reports concern ing the crop were received, and R would appear that th* condition* sur rounding th* crop ar* a* satisfactory ** could be expected. The Transvaal produces about 490,000 ounce* of gold each month. children bom In summer bra, gen erally apeaklng, stronger, healthier ■nd brighter than those born In win ter. PRIMARY MOVEMENT. glte tbo prlmnry The folhiulng llgur, movement of wheel nnd < Wheel—[tecrlpta todsy .q.i.OM hu.heln, l.,t week 2tt,«» luubets. ncnln.t Iffjn) Imnhele lost J i'll r I .III),111,'Ml. I'.'l i V •.-/I.oil hu.heln; lent week 230,W0 Ini.ln'l., ngntunt l>5 ..i huehele lest year. t'orn—llecelpl. todoy 790,000 luudiels; Inet '»."h "I- l."«li"l«. iignllml I.iiehele In.t yenr; ehlninenls t'.lny .VO.Wo Imnhele; tost week Me.000 bunbeln, ngnlntt 660.0)1) huehele Innt year. 8EMI-WEEKLY INTERIOR MOVEMENT Ilecelpf* 6.M2. ogfllnnt 23.157 ln,t year end 2.X3 In 19H. i Hhlriment* 11.76*. egnlnnt 32.197 Innt yenr end 4,730 In HM. Hti.kn 171,712. ngnlnet 1*4.119 leit veer and 17,161 In IM4. No grip I* ao herd to ahake off aa that of early religious conviction*. — Maurice Thompson. God's ellence* may be long, hut they are never the silences of forgetful- nei*.—Anon. Pungent nnd (fid tastes are per ceived hy th* tip of tho tongue, the middle jiortlon taste* sweets end hit ter*, whllo the back, or lower portion, concerns Itself with fatty substances, such aa butter. SOUTHERN EXCHANGE Ol-liit KMtahMnlif.l OfTl. ** South. COTTON STOCKS - BONDS Olli flround ITo'.r HMild llulhllng Dally market letter and market manual "nailed on oppllritUon American literature la found In every Canadian home, writes Consul Heyfert from Hlratford. The village and city libraries are filled with American book* and American periodicals predominate. New York beats the cities of the world In the length of He afreet rail way tracks. If In on* single track. Its surface, elevated and subway eyatema would aatend In a straight line for L- 011 miles. L.J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, BRAIN Comtpoidtit's Capital $250,000 RCTCRCNCK, THE NCAL BANK PHONC HIT. PRUDENTIAL. BLOC Htw YoiL Htw ( ware: a COTTON, GRAIN, PROVISIONS, Mo. 2 Will it., frfrri Biilditg. IMtofe, Ct. UIHMKS: Mow Yoth Cotton inhongt. Chicago Board of Trado. Htm Orltoat Colton hthongt. Chlcooo Stock ttchaog*. Lhorpnol Cotton 4uedotloo Ht* York Cottoo hchon t Frlooto Wlrot to N:u Mow Orloart. Ch. ogo. B C COInBAM, Huagtr. Bill fhooo 1242 ? ‘ Standard >1 LELAND S, STOCKS, BONDS, Standard Phono 234. PIEDMONT BROKERAGE CO., (Incorporated.) Basement Floor Piedmont Hotol. STOCK*. BONOS. GRAIN. PROVISIONS. INVESTMENT*. F**t Wlro 8ervic« from New York, New Orlo*ns, Chicago. comtrapoNocNT* M. J. • ACC A CO . AX BROADWAY. NEW YORK. fDft tiorrt Wanogor local and long Dittsoco Bolt Hoot 19*.