The Atlanta Georgian. (Atlanta, GA.) 1906-1907, June 15, 1906, Image 11

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ATLANTA UKORGTAN. fhidat. mxr. in. wm. r .markets Edited by JOSEPH B. LIVELY IS LESS ACTIVE OPENED WITH THE UNDER TONE FAIRLY STEADY. principal Influence Additional Salei of Spot Article in ^Liverpool. Liverpool did not Sirs a full response 19 New York'* clou yesterday, an *d- nn'cr of J to 4 points having been ex- peitwl, whereas the opening •cable ihowed 2 to S points advance on fu- tnro. while spot was up only a point. Spinners Increased their takings to 10,- •00 bales. , • on this showing New York did not ete encouragement, and as a conse- -pence that market opened dull with Seer traders about the only buyers or idlers. * the Initial prices were little changed from yesterday's finals, being 1 point htsher to 3 points lower, though the undertone was steady, and shortly af ter the opening prices.were slightly hither, leaving buying by Weld of De cember strenghtenlng the market. In some of the Atlantic states com- Milnts are being received of too much nin while parte of Texas are too dry. Generally., however, the weather Is con' sldered favorable. In the later trading the early ad vance was lost and prices generally were forced below yesterday’s finals. The weekly Interior movement, ac- rnrdlnt to Secretary Heater, le ae fol lows'. Receipts, 18,203 bales, against 4K.1«J last year. Shipments, I7.1M, against 88,311 last ^snicks, 243,473, against 241,384. Overland for the week. 7,718, against ll.oss last year, and 1,684 In 1304. Total .Since September 1, 807,105, against 1,038,618 last year, and 804,448 In 1904. In sight for the week, 46,837, against 109 170 last year, and 30,016 in 1804. Total since September 1,. 10,634,182, against :12,508,082 last year, and 8,667, 503 in 1J804. By Private Leased Wire. New York, June 15.—Business at the opening of the local cotton market this morning waa not active, but the under tone waa steldy with prices one point higher, to three points lower. The principal Influence waa additional sales of the apot article at Liverpool. Con siderable selling pressure from bear sources appeared. toon after the call, however, and prices yielded. NEWS AND GOSSIP Of the Fleecy Staple. Wire to Albert * city. ' or .*=- ■»"“CL ,18.-Th.. market Is nor- IS Liverpool Is doing little sml the room traders who bare lees bear- ,h * eefkvorsble reports from Tcxa*. am attempting to con* il 1 ?* » ,h ? .7*° ,a **1® A* 1 *** 11 ** at uafavor* able, but the crop there la ready for ralu. New York Journal of Commerce: The mar* rft - i h V Uy *** n»let end •toady, Seller* were more dtapoae«| to na- •ert their notion* of the ralnea of rood*, and In many Inatancea they refuaed tr the view* of Imyern. who bare been f entlir hammertoe prlco* for two or three week*. A review of condition* •POT COTTON MARKET. New Oricaiia-QuIet.. 11HC. Liverpool—Quiet, 6.u7d. A ugu*tn—Steady, 11 J-14. Ha v/uonah-Quiet, 10%c. f*». J.»iil*-Uulet, 111-11 •Norfolk—Quiet, 11 ML MANGE IN NEW YORK COTTON. The following la the rang* In cotton **•” la N.w York tod.J: p ' fc :!$ Io:m &9 !§:S3 SSS 88! :Sfi M 1S:S !S:5 12:S| m X»r. .1 >.40 10.40 10.40 HI.4A 1.3*36 10.BU l»r. .1043 10.48 10.36 10.*0 10.30-» 10.4533 J<n. .1040 10.53 10.41 10.43 10.43.44 I0.4S4S Mi 10.44-48 10.60-62 It-h. .10.58 10.67 10.60 10.60 1061-63 10.6861 Cltoed steady. RANGE IN NEW ORLEANS COTTON i review of conditions msdo , tho heads of some of the leading sailing houses was observed during the day. and looked at from Its weakest side little can be found to warrant buyers to expect any great conreaeiom white coeta are aa high they flow are ami *whlle stocks In flrat bands are not aecumulatltty. Private Wire to Ware A Leland. .New \ork. June 15.-One Wall street house sold 11000 l»nlos of July and lft.OJO October and Peccmbor lu the late tradlug •omo of their short cotton. Weld was a heavy buyer of July. October and December, l*oth on the break of the morning and during the last hour. rial feu tun*: I Knight a little cotton. tllng In the market nt present. 1 '» umma ami nee; no louica- iln; lire are causing crops to dry > up: plants look weak; crop pro** roe tUnu last year; crop twenty The Lesser-Goldtnan Cotton Co., of Rt. Louis. Mo., gives out the following weekly report: Our territory has had noother week of favorable weather, and the rot* not liceu the case this early : Ar kanaas river ... . _ abuudsnt. and from some sections In south ern Arkansas come some complaints of lack of rain, but no damage has resulted so far lu either section. Generally speaking, the outlook Is ns good as can be desired. New Orleans. June 15.—Liverpool cables droppoJ to i«j are not any too favorable. An advance of pw - *-*- *— ■■ - - • *—*— the mark The weather map shows a few scattered rains In the eastern cotton belt, hut no rain lu the western belt. «Texas Is as dry n lxme. nothing I" doing In the spot market. torn have little to sell and buyers are making the rounds of sample rooms. PI ED MO NT~BROKERAGlfcO/S DAILY COTTON LETTER Cotton futures ranged ao follows *l Now ■ ’ ms today: 7 Lb it Previous Opsn. High. Low. Solo, Ctoos. Ores, Oft. p.... j». ,i ft . ia»*4I 10.33-3? 38 is!is i»:» io.fc ie.M-32 lAit-ii U 1(846 10*7 10.38 10.37-30 10.4*36 Hen How-i steady. i0.4*4i 10.6346 LIVERPOOL COTTON MARKET. lirsrpool. Jims 15.-12:15 p. m.-Bpot sot. tee burinees mndsrals, with pvteeu steady, Mld-lllnic uplands. 807d. Kales. 10,000; Amst- I'-an. >,.10; spsrulatlon ond sxport, 1,000; re ceipt.. c.oOliAuierirsd. 4.800. roturi-s opensd tsady. itpeniag Bangs. 5.8* 6J3-6.M 6.81 JwfJnly 6.084.82 5B._ 6.80 July-August 0.834.82 5.523.13 5 80 A•« Sept 3.76 8.74 8.714.73 * • t.«4.88 1.044.07 5.81 6.00 8.814.03 6.60 6.00 -6.004.01 647 Pvsvlooa *ep fto- N,„ X«t. lire. .,,,, to Jstl Jan. I’eh fell Match .... ^' 1-1 quiet. 5.57 . TODAY'S PORT RECEIPTS. Th, f-llowln* tablh (bows receipts at tbs E .» to-luy, compared with tho ooina dsy t peer: • • T,* (trteuno.,. -Nlrestiin k-4.it- ; Osvssush ! Chari.,.., n Wilmington 5»tMk Biltlrnoro gj* m Y.,rk iniudeiifctf*:::::::;-;: 5'U>-n News Brnnar - ■ l-a.IO,. Total i 031 "63 INTERIOR MOVEMENT. EST| MATED receipts. ■at 7-ar. 380 arfaal host year; against 3,670 actual Cotton—The -otton market waa dull near- ly oil the morning, nud while the Liver- pool -shies showed a better tone, ottr market failed to respond to It. After tho opening, whlrh was aronnd Isst night’s efoslng. a letter fasting pravallsd sad the neerliy optlona adranee.1 3 points. The distant months were dull and ateady. The eontlmied dry weather In portions of Texas, where most needed, and the technical con ditions seem against any decline, and the speculation so small that the Imll party ore able to keep tho market In proper shape. The r — “ ' — ponies to taki In New York — may cause shipment of this cotton where and the bleat stock may be very much reduced. The market Is doll and on weak spots we bailers in buying cotton for turns. Stocks— Renewed liquidation broke out efrrsh In. the stork market this morning. Isindon prices showed declines mid our opening was lower than lest night’s Onsl prices. The bnltlsh demonstration tho pest few days In ilsltlmoro and Ohio waa continued noon after the opening, but the press arc of stock had Its rffret and that S ock sympathised wltk the balance of the ■t. The action of the IVnnaylranla sys tem In Inrrmtalng the dividends on ooveral of Its subsidiary companies la given aa the reason for the strength In Baltimore and Ohio, which road la controlled l.y the Pennsylvania, and good judges ’ ■d by look rent, tleadlng suffering the most. I per The Keene and his friends had formed an .. Jng tho market la dnll and low prices of tho day prerail. A good trading market seems upon na. OIBERT & CLAY'S DAILY COTTON LETTER. New Orleans, Juno 16.—There was a dearth of newa from Liverpool, from which It la natural to assume that no devetopmenta hare occurred to dla- turb tho prosnlcnesa of the foreign market. Options cloned from 2 to 3 points higher than the previous day's levels, while apot sales are assuming a decidedly better basis. Ten thousand bales have been sold today at an ad vance of 1 point. Today’s early ses sion was very nulet, but after the noon hour considerable selling was indulged In with July the center of at tack. This new turn of affair* waa attributed to the liquidation of the long Interest. The weather map, de spite the fact that no mine fell In Texas, waa generally considered fa vorable. The forecast for tomorrow for the western belt, however, aeems to Indicate that the weather Is unset tled over Texas and showers are pre dicted for the northern portion of the state, where they are not needed. The visible statement Is again expected to be bullish, and from the comparatively small amount of cotton Into sight for the week—namely. 48.000 bales—and the decrease In receipts and heavy In crease In shipments of the Bombay movement, seems to give good grounds that these expectations will be fulfill ed. But the trade pays little atten tion to any marked Improvement In the etaletlcel position of the preeent crop, and when the July poeltlon la finally closed, the last veatlge of Influence, In ao far aa present supplies are con cerned. will have been removed, and the weather alone will govern the course of prices. New Tork. June 16.—Stocks—The market waa Irregulat* In tone today and accepted eelTlng pressure rather feeble at times. The principal Internet was centered In Beading and the cop per shares, with United States Steel dividing Interest with these Issues. -In otehr directions there were occasional displays of strength, bn* •“ the main M 8- ALABAMA t GIBERT & CLAY STOCKS BONDS, r. .COTTON. O n AIN. corrgg.esovioioao ATLANTA. OA. 1 Botfd of.T”4*.._ si Cat tea Association and Long Dl.tsncJ Telephone"5294. ' * " W*. R. FAGAN, Mansgor. Mr. Lively has edited Markets in Atlanta and the South for more than twenty- five years. His experience makes him the most reliable market editor in the South If not in tho entire country. TONE AT OPENING EARLY DEALINGS WERE FAIRLY ACTIVE. After the Opening Trading List Showed a Slightly Harder Tone. tiount of tiNlajr'* tradlns llquidstlou went .... —.aj, y^ty flight Interruption. M TUs r% »t Inst ntsht's close provwr to hav In*(*ii due entirely to repurchase* agnlBa short contracts, and the withdrawal of luppc* a lr .... •wept price* off quickly all over the list. Fitful rallies occurred from time to time thereafter, but on each iwrlod of atrenstl stocks were thrown out In l«rge quautltiei aud quotations would sink lower than ever It was a liquidating market pure and aim pie, nnd tho pace or the decline seemed to In* regulated only by the narrowness of the demand. 80 far as outside matters were concerned a good deal was outdo out of nn accountable rlae, which followed In the grain markets, so * waa expressed over *tL_ . European centers accompanying a very sharp decline In all daasea of Russian iKinds. nut apart from all this market waa Influenced chiefly by Its own Internal weakness nnd the geueral dcatro In spacu- latirc circles to get out of stocks. At the opening of the stock market to day prices showed Irregularity more than any pronouuced tendency In either dlrec tloai. Dealings were fairly active. Haiti more and Ohio was taken In several round lots at slight concessions under last night's quotation. Ht. Paul opened ofT H, but uulon Pacific received a fair degree of support. Heading was active., but uuder P ressure, lotting over s point In the first iw uiluutea. Rteel preferred, which re ceived gotMl supimrt yesterday, sold off Immediately after the opening. After the iqienlng trading the list showed a slightly harder tone. There waa a continuation of the liquids* tloi * ' — These two stocks ludl* at the end of the first hour the early were recovered lu some cases, and In others •light net jmlna were made. The buying of Lnlon Pacific and Heading was con* aldered very good. Halt I more and Ohio, which ha* lN»en lu demand from Itanklug Intercut* for aev were current rei In the dividend to n 6 per rn lu ucummi inuii iwntuiR evrrnl daya, waa firm. There reports of a coming Increase 1 to n • per cent basis. Arid- for London account, shares. Governments unchanged. Irregular. about 15,000 REMOVAL OF PRESSURE BRINGS ABOUT A RALLY at It la a professional market, men is uot at the moment subject to any rry striking Indusuce one way or the ther. Taking tho mass of tbs crop and rather news. It la favorable, tllotigli Geor* Is baa had too much rain ami aoutbern «exaa too lltUae- Yet In Trass the tem peratures have fallen and many private reports are of a favorable character. Thera aeems to be a very general fear, toe, that the bull leader sold July heavily against nrge stocks of the actual cotton which holds, and which Is said to make a nrge proportion of low grades. However this may us, leading anoris ueemeu u prnneui 10 cover, iney covered the July ami other months here •Iso. Under the circumstances nn early decline was recovered and s moderate ad* % „ Th«r*l>re»S 'la ibr atm-it mark.: «■» not wltbovt aw effret, par- t rularljr a. stork rirtwiifo houan aoltl. Yet. the market rallle. ahenerer wiling preuiire Is remoreil.’’—Illhert A t'laj -— ** ""mes-Demc _ street enough monel to tbo prtee enemies' palate, jres- terdsr mornlnx. anil before the. ilsjr was (lone the whole liunrh hart Jumping tooth ache anil an sbandsnre of remorse to nurse. The New Orleans mht summer posUlou, at l premium of 84 points orer Drtolier, Is he moat dereptlre speculstlra proposition ’io talent has encountered In nun? u ilsjr. lore dsmsge larks therein than the glsm-o f s woman's ope, and quite as much allurement. Krldrnt enough, this stata* of Ira south Is aiding the price of all no- jins In the serersl worlil markets, tin- assisted, the Juljr option at. New York could hardlr hold Its own. Liverpool Is not worried ov.r Immediate supplp prob lems. Kiports srs picking up, hut ' new crop, eliminating Truss di— RANGE OF NEW YORK STOCK MARKET American Mugar Iteftnlng Anaconda American Loconiotlvs.. American*HmSt'lng ^* Itednlng.‘.‘.*‘^.*.'. , .**.',‘.*.'”!!i!!!!!!!.* do preferred American Cotton Oil Hsltlmom and Ohio..- ' Brooklyn Hsphl Transit Canadian fscltlc ChU-ngo and Northwestern Chesapeake and Ohio Colorado Fuel nnd Iron 1o preferred leaf leather Chicago and Great Western { Chicago, Milwaukee and tt. Paul Distiller’s Heeurliles.. do j>r'e/erri 1 d.'.".".'.‘"‘.'.'.‘.’.'.‘’.'.'.‘.‘.".’.',‘.‘.‘.',',','.",‘l":.‘:.’.’.'.‘i:,‘.' American Ice Securities Louisville and Nashville Mexican f>ntral...,v Missouri j Fact He....,..* New York, Ontario and Western National Lead Norfolk and Western I'ennsyIvants People's Gas Pressed iteel Car MHR.Hwi::::::::::;::::::::;:::;:::::::::::::::: Uock Island m do. preferred.... United Hta.ra Ilabbsr. . do. preferred Hnuthcrn pacific i-Hlieffleld Tennessee Foal and Iron Texas mid Pacific .. do. preferred......... Virginia Carolina Chemical do. preferred eatern Union Wabash % do. preferred Wisconsin Central........ do. preferred. TIPS FLASHED •From Wall Street Priests Wire Jo Ware A Leland. New York. Jane 11-London easy: Balti more ami Ohio off 46. • Aetlou of yesterday's market was sag- restive of ■ .hake oat. and undoubtedly (hero has been noma Inerenoo In the shift Interest. A fairly fsrorsbls hank stale. Htrrnsth of United Hlstes HI eel preferred eueltes favorable remark. Ht. Paul appears to be well held, end on further breaks behave the good .tacks ran be taken on for turns. There Is more ar less agitation over lire isurs lice company nutters sari petalaUatte rop rejMirts, lint hellera the latter shoald lie taken with miay grains of allowance. Railroad earnings make a Ann showing and traffic* Is heavy In alt aeetlons. ImoE for Irregular stock market today. Would tendsy ” “ n * B7 aoch <Up * “ >l * d 7I ' • Hu--’ STOCK 8ALE8. 11 t. m„ 12 noon .. I p. m., VW:: r.:::: -im iyl *b ,r ” ..flW.mo aha res "^aaa WARE A LELANO'S DAILY COTTON LETTER. New Orleans, June ll.-Cotton hsd a ner vous undrrtone sml flurtustnl rather unr.r tslnly shore end then well lielow the level ‘ ‘ which left the tab - .late of mind than has bren a time when the trails sk ■ whole has been so willing to alt on the fence as now. The large.! operators and the blggeet brokers openly isiuiy niiore ana men , of yenterday'n closing, ent In a more imsslrd ever. There seldom’ has There was nothing In the weather I mote .peculation. Tho weather map ed that tbs drouth continued over 1 lu ths weather to pro- , hut print, reports froa'tbm stats that! while cotton would he lieneflied by ralu. It JSSmsry yesterday's stock marks! by gS ld - «?»■ imw. Jones At:, j "American stocks In SK, ln ii,7 , 2.r , . l l' ■TkUJU MIWUHI piwiww "M ni|ll|HO>- The price appears high when compered with prerlon. years, but the man who If- oorea the altered relation, of prod near and consumer, leeks that degree of speeulatlre B elly absolutely essential to reasonahla ly. now that the gtme Is actlust the Ware A Leland. COTTON 8EED OIL MARKET. New Tort, June U —The market fur cot. m seed alt was nnlst and nliost steady ■rly, easing off s little during the trading. There has lieen n little foreign deem ml .le- relnped during the psM few daya at th. lower prices, and some Inquiry from soap eqi Jo septs q|o.| on iuMin| eqj, market, bowerer, boatlnues very moderate. New crop dellreries quiet sad waiting for further developments of the cotton er-m. Tho' market si the does was dnlL wlfh price, unchanged to Me lower.-Wsra A Lelssd. Opening. JTpse. [[.m dm ..." 3a, <9* July Heptember October November December Closed steady. ww. equeo n - . -American lines. lu ■smdon Irregular, with acure laann rather bebiw parity, -‘Huaslan Imnds eaatlnne very weak la Loudon and 1'arli bu *—‘ turlwnees. “Light demand far stocks In tbs loss d. rolMilde Dona of ths ... Ik* exportsd until ths crop cuuvtug i»r. refd is over. • "Ilnltlniore and Ohio wash In Lomlnn. "Crop reports generally more farnrsldo. "United Htstes Hmelttng and Refining corning almut II per cent on common, but no dividend this year. ’’Northern I'sdflc gross Inure.M for 3I,y Western I’nl cent for yenr. "Twelre I ‘ •Twenty i cent." Prlrute Wire to fllliert A Clay. New York, June 16.—Daniel Oiloll A Co.: "Dsrelopments over night Indicate that a. the late rally on Thnmday was cbteily short covering operailima. the market as a whole may sag off again tmlay, lie Irregular and nssettleil and pllfylng ths wisdom of following the trailing poattlnw, for ontu liquidation Is started It Is almost unpossllil# to determine tho euset extent before band. We recommend eonserrstlsm and the tot. Ing of mdotrate profits on either side of th market for the present.” Marshall, Hpsder A Co.: 'Ths market, from yesterday s Indications, should rally munewhst today, but In any srent sneh decline as might take place will doubtless follow the rei-ent leaders. Storks ought to lie In strong hands, and as u rule we he- Here they are. There la no development In the forecast serious eooagh to causa their iRalodgement In large volume." Uptown Hentlment: After yesterday’s NOTES ON GRAIN Potnterg on Provision*. t’hb-ng->. Jnns 16.—Cash business In wheat In Chicago yesterday was 4S,n*> bushels. Including 13,303 No. I hard >,c under Hep- temherTn store: 6,000 No. I Northern nt 1*‘ over sml 26,003 mixed lots i H«le» "f i-orn were ico.ono and oats J00.80C Imluth sold 333.000 oats for shipment. The sralioapl reported no export sales, Anuour sold 760,300 bushels wheat ou the bulge and Knvrlsud 1,000,300 Armour nud all the elevator iieopls ns well aa the ship- ping Interests are liesrish ou grain. Tnlrfy-ave ■rlf hlnders are cutting wheal on the ml Ranch operated by Miller Itrothere In Oklahoma. They have 42.001 seres of wheat hi harvest this season am good yield. Reports covering central Illinois ssy that farmers are bidding their corn for 60c, while Idda last ulgbt were He below that ' majority of the reports <n> oats and from Nebraska were of nn unfavorable nature. Home of the garni peajdn there esy that the corn ran go two weeks more without suffering severely: otbsrs am lie- diming uneasy. One of the largest grain houses In Nebraska says the crop reports on corn ar# good, but farmers am nut telling corn. The weather In Nebraska day was clear and hot. with no at of rain. A few reports said . were n failure. Reports from northern Knness were of the asms nature. The le southwest hsd good harvest weather, progrt-islng rapidly a careful Investin' bushels, against of Crec,,™ In the sample market yesterday t "lilqn’t ihlot the purchases wars vary hesvy last nlcht, said nns of ths largest cash corn handlers. "We must have mime rain In Nebraska sad Kansas In the next few days or w. may get t higher mnrket on corn. The re ports continue to come In rather bed on onle from Nehrnskn. Missouri, Illinois, Indians and Ohio, and It It gon- ernlly conceded that the hajr crap over a very large area of this country It IlghL That will place oats ou s more eubernn- jlsl basis than any other grain ou ths e Wire to fllliert A U_.. Chicago. Juno 18.- A Rroomhsll cable Myu: "Wheat ojiened steady at Hd ad vance. followed fates by advance of 5^ to >4d more. Support reunited from the light Argautlnn ahliuurnt*. aotvl Intiulrj tor car* am* and acardtr of Manitoba offerings. Undertone vary firm. <’orn Arm ami um hanmNl at tha opening. The light Argentine Ainmanta. dacraaaa In the vlaltile aunnly and tha atrength In American «|H»ta •tiiuiilntiHl further support —-* — *uoa galnn “ I-Herald: heat yaatarday. i allgntly lower c and Irregular dry spell had eaalded tha farmer* to tfcnr ouglilr cultivate ami clean their flelda and thatft that It wes keeping down the ravages of the Imll wcevl|. The dry enell has not put E rl era up, hut a snaking rain would prelui- ly cause s material drop ~ ’- oily sppreeltted ami ' NEW YORK COFFEE MARKET. The rollowlnr (ebb. gives the opening -d closing quotetbins for n * — livery today Is New York Jennsry February.. .. March P'.v Jnns.. 8 t'lt»*e, r.&o •.SfMI.B S. 70-4.71 •.75-a.tt 1K4.II C. OS-4. |0 4.104,* :* July.. „ .. .. .. .. ,. .. {.'SiSo 8. ffitgust 8.104.16 8 Heplrmher 8.20 8.2A8.26 October 8.264.80 8.K4.80 Nmemlier 8.104.26 8.264.60 0.15 6.34.60 Clueed steady, malutaluad. The roneeBsue of opinion that the market will continue Irregular, and rather unsettled.' for the reel nr the week at least. Tha general full In prime yesterday Is not stmooted to any chai In fundamsntsl rondltlons, hut Is rsgan. . as sn outcome of technics) conditions whl- Is liquidation aamlttedly Mo* of the the commit besrRy 1 the short Interest. LOWRV 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. the market waa heavy, with only *ueh nervous rallle* a* appeared to be occa sioned by the covering of short Inter- esta. Apart from the effect of a more serious crisis In Russian affaire, politi cal and financial, foreign monetary condition) are extremely favorable, but today** news regarding these matters was extremely disquieting and th* In- fluenc* must be allowed prominence among tbe causes at work at this time. The money movement of the week In dicates again the bank* of 11,303.800 as a net result of sub-treaeury and In terior operation*. There should ba no great Increase In loans and the state ment tomorrow can hardly -b* an un favorable one. Sentiment on the mar ket has recently, from various eaimmb become unfavorable, and though th* close of the week And* fundamental* In good shape, th* Incentive to more than moat casual operations does not exist, and th* market still remains In professional hand*. leva! through s rely*erratic court*, rrlrea responded easily tn pro- non seed transactions In either direction. * general fceltus of uncertainly living press- lent. Doth bulls sml bears appeared to he willing to Inke small profltn as they ap- pt-sred rather than to slsiul nut for larger ones, tong wheat from miscellaneous out siders came trickling Into the market most of .the dsy L tnd this was probably th* de- a Moos h and Irregular, rs slant I rrcklei has > tin..—'/ —— ■ i w. ip— i.—i ae lows and because nf large ar* _ — mtry of bids tent out — . i Walla, Cudahy end a few of the larger k-csl trailers ulrkad nn considerable corn t% the eerljr break. Tbit developed e stringency In tbe markst, whlrh frightened the eerly sellers Into ■ atsmjiede of buying and ran price* lute the highest llgnree ou ths crop. Toward the i-lnss there was very heavy selling ky the Barttett-Pruier following. This and rest wiles by longs wiped oat most of **^fl fhnngh' ther* was a weak and lower •ten lu oats on s rush nf selling hertns* .„ mMt needsd districts, llrnthui uf natural coo- WHEAT MARKET STARTED HIGHER LIVERPOOL SENT UNEXPECT- EDLY FIRM CABLES. Small Argentine Shipments and Continued Drought in the Southwest Factora. By Private Leased Wire. ■ Chicago. June 16.—Wheat etnsed 3-8 98-4c higher; corn waa, up l-3ff3-4c; oat* gained 7-101 1-Jc, and provision* were 602So higher. Nebraska la now the only state where drought conditions are still prevalent. Rains over the remainder of the winter wheat belt have made wonderful change* for the batter, nnd tho crop promlnes. with good weather, couhl hardly be Improved upon. Thla ch.me in the outloolc caused the long* to sell freely,, fearing that the movement of the new crop would also be a factor in price making. Corn and oata ruled unaettled nnd showed the effect of profit Inking late In the session. •Primary receipt*: Wheat, 347.0«8 bushels, and corn, 771,800 bushels, com pared with 836,000 and 444,00 bh-h- Is. ectlvely, a year ago. earanees were 114,000 bushels wheat, 31,000 bushels corn and 5.000 bushels oats. ■ Cash sales hare wera 40,000 bushels wheat, 30,000 bushols com nnd 116,000 bushels oat*. ■ ' i Clearness at seaboard 3 loads wheat, 4 load* com and 100,000 bushels oats. CHICAGO GRAIN MARKET, towx't su’”* 70 grata market rangxd is fob , Prov. Opto. Illgti. Low. Clot#. cIom. .(BAT— pill I i-I'PIB £ OATS— July. . 4D Itept. . * lire. .. J7 POK&- Juljr. .!«.** Hint. .irt.es LA!U>- July. . *.11714 Hrpt. . I.oo 8 L«£ wv ‘ July. , *.45 K p t,*'.:i:S{ KF* 1:8 3.87H 800 S:Sh 8.UH CHICAGO CAR LOTS. Todajr, Tomorrcw. LIVERPOOL QRAIN MARKET. iriy ii^riin* taai in* i*au t uaraaaary to aall a Ultl nwiM in a mm raaica •trrnxtli w«* rri awe* In *11 f ** Provlatena \ HMM4 n*af huge In the west sml qufre sn srcumulq- thill of pruilnct during Iks last wsek her*.'' JULY OATS EXCITED IN NEW YORK MARKET By l4lvate Leased Wire. New Torlc, June 16.—Rgcltement In July oata at Chicago thla morning monopolised the attention of the grain market'dt th* opening. From last night’s dosing basis of 3lt-lc. they were rushed up by th* short* to 41 l-3o In the first ten minutes, after which they reacted lc. Th* other markets responded with advance*. Caupht a Sea Serpent. From Th* New York American. After enjoying line bass fishing In the streets of Harlem, ths boys of that section of Manhattan yesterday exhib ited the largest snake that ever was displayed In the city outside of a reptile house. With the Iridescent color* of ths famed okapi and measuring 15 fast 7 Inches, aside from Its mashed head, th* reptile was hauled out of Ih* river by Intrepid small hoys, after It* discovery by Captain "BIR" Woods, watchman on the Third avenue bridge. Wllh the well-known methods of tha Court of Bojrvllle, the youngsters proudly care rled the hug* serpent on ten barret stave* through the streets of upper Manhattan. The appearance of the make pro cession In front of a cafe at Lexington avenue nnd One Hundred and Thirtieth street created a small-atsed riot among the habitues nf the place. They all de clared that th* reptilian specimen measured at toast 10 fast and that tt grew In alt* a* It waa observed. Wllh due appreciation of th* occa sion, th* policemen along the lino nf march failed to make any demonstra tion against tha snake bearers, and the procession moved, unmolested, along One Hundred and Twenty-eighth street Into Park avenue, to Ono Hundred and Twenty-ninth street, to Lexington ave nue and On* Hundred and Thirtieth street. Large crowds viewed th* rep tilian wonder, which waa declared by all to bo th* longest leviathan that languorously lay upon th* limpid watare of the Harlem. Part nf th* skin of the reptile was conltocated by Electrician Kultxren. of th* Third avenue bridge, who has con structed two Ilf* preservers therefrom. Wheat opened « hlgherreiored ( lira opened unrhunn-d higher; vloeed % higher. inrkantMl; 1:» p. in., N0RTHWE8T CARS. Follnwln* tabla x»vc* tb« oortlitteal rara of grain todaj, laat week aod Inst year: 1 ,ii it t Lnat Today. WMt Year. 15) Ml l Duluth 4 21 A Chicago 4 I 1 PRIMARY MOVEMENT. Tbe following flgure* give tbe primary movement of grala: ■ Wheat-Receipts today 347,038 liu.hela M^ad , |L%»fcJSfcW Ing orar and over the adv* rtf* m# nta in B K^Wi'7rad , |‘;« ,n . T ^' 7 f^ ,h Mi 1 Wife. ' at g oar own enaatnr, reestvad a llfrtlmn l.lnw la the death of bis BSaea*. He sever after. ‘ meatlossd her same. If any od- i Im I, be St oars left tbs room. Oliver Wendell Holme*, our own diuerl- ran phrsletsu, poet sad iSSlSs —— In lettr— ‘ — wan did I’.Tito a sod yet be rarried n po et sod a ban* cbc.tuut to keep off rheumatism. SOUTHERN ^CHANGE Otdoat Eatabllahcd Office South. COTTON—STOCKS—MIDI Mil Ground Floor Could nuii'iin* Daily markst totter and market manual mailed on application. L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Comspondiit's Capital 1250,000 atrusKNCC, the ncau bsnn PHONE 14)7. PaUD(NT)*LM.OO WM. L. FKKL, PreeMeo). ROBT. F. MADDOX, Vlee Pres. THOi. J. PEEPI.KH. Cashier. jAff. O. I.MTKR, Ass’I Cashier. MADD0X-RUCKER BANKING CO. CAPITAL $200,000.00 SURPLUS AND PROFITS .... $500,000.00 account* iNvrrco We invite acrounU of individuals, corporation!). hniik’H and bankeri* and offer tho beat terms consistent with conservative backing. In our Savings Department wa allow Inter*#! at th* Rato of 11-3 per cent. Compounded Beml-Annually. *«» Ink *i. Oduii. COTTON^GRAW, ^ROVIsfe^STOCKbPBONDS, fa. J Wall Si.. Mm !«•#. Jftsefa. Ca. mfnBh Hew f$tk Collo* h(h$agt. Okif# Start tl Trait. Ht* Orltait &4n inhatgt. Sittk hihatit. Uttrptal CtUtt Alto ••>}* St* h ia’t Witti io Ht* fart, few Orltatt. CUnft B. C C0jhM*h stnnoitwi. I Hiudff. a*4ar4 hot PIEDMONT BROKERAGE CO., (Incorporated.) Oaaamant Floor Pudwont Hotal. STOCK*. BONDS. CRAIN. PROVISION*. INVEtTMCNTB, Faat Wlra Sarvica from New York, New Orlaana, Chicago. CORNCIPONOCMT* M. hi. SAGE A CO . ea BROADWAY, NEW YORK. IDW. HOT It. Manager lt<al atd Lotg Ditltttt Btll Phttt Mi