The Atlanta Georgian. (Atlanta, GA.) 1906-1907, June 16, 1906, Image 11

Georgia Historic Newspapers

The Atlanta Georgian., June 16, 1906, Image 11

About The Atlanta Georgian. (Atlanta, GA.) 1906-1907 | View Entire Issue (June 16, 1906)

Page of 12

Prev Issue Next Issue

Text PDF JP2 (2.6 MB) Clip/Print Image

Page of 12

Prev Issue Next Issue

Return to Top

Newspaper Page Text1 ' THE ATLANTA (iEOROIAN. 11 Edited by JOSEPH B; LIVELY IS LESS ACTIVE OPENED WITH THE UNDER TONE FAIRLY STEADY, principal Influence Additional Sales of Spot Article in Liverpool. Liverpool did not give a full responie w New York'* cloie yesterday, an ad vtace of S to 4 point* haVlng been ex PKted, where** the opening cable showed C to 3 point* advance on fu tares, while *pot was up only a point, ■pinners Increased their takings to 10, •04 bales.. Oa this showing New York did not see encouragement, and as a conse- nnence that market opened dull with Door trader* about the only buyer* or "file Initial prices were little changed from yesterday's Untile, being 1 point hteher to 1 points lower, though the jndertone was steady, and shortly af ter the opening prices were slightly Mther. leaving buying by lVeld of De cember strengbtenlng tho market. In some of the Atlantic states com, plaints are being received of too much win, while parts of Texas are too dry. Jvnerally, however, the weather Is con tillered favorable. In the later trading the early ad' Vince was lost and price* generally were forced below yesterday'* finals. The weekly Interior movement, ac- cordlng to Secretary Heater, I* a* fol lows: Receipt*. 18,:0! bales, against ^Shfpment*,*17,199, sg»ln*t *5,919 last ^Stocks, *41,479, against *41,994. Overland for the week. 7,718, against 11,01* last year, and 1,654 In 1904. Total since September 1, 907,105, igaln.t 1,098,619 la*t year, and 904,44* '"in sight for the week, 45,9*7. against 909,170 last year, and *0,015 in 1*04. Total since September 1, 10,5*4,1*9, •gainst 12.50S.095 last year, and 9,557, 103 In 1904. By Private Leased Wire. New York, June 15.—Business at the penlng of the local cotton market this morning was not active, but the under tone was steady with prices one point higher, to three points lower. The principal Influence was additional sale* of the spot article -at Liverpool. Con siderable selling pressure from bear source* appeared* soon after the call, however, and prices yielded. SPOT COTTON MARKET. RANGE IN NEW YORK COTTON, The following Is tho, rnngo In eottoo Wore. In Nbw York today: pr ,, |0M . # S2 H If ||8 $83 lept .10.42 10.45 10.1*. iaj» 10JM0 10.46-4* .10.35 10.43 10.10 10.14 10.J4-* 10““’ ..... .10.40 10:40 10.40 10.40 10.D-.3, 10-jj her. .10.4* 10.4* IMS 1S.40 IMMJ M.45-4* to- •>»■« w ; “ uau }S:SI3 «ch. '.iiiii iaii ibiw iolio lasts* io.w-6* Clotfd steady. RANGE IN NEW ORLEANS COTTON Cettnu futures ranged n* follows st New Orleans today: __ _ Last Previous t Open. High. Low. Ssle. Cloo*. Cio**. HP 11.00 10.98 oly .11.3 11.3 11.07 U.W 11.1011 111* 1» I 1 ’ ? » £33 $33 .10.14 10.M 10.2* 10.3 lO.r-ri 10.J4-3 New Orleans-Quiet* llHe. Urerpool—Quiet. «.07*L Augusta—Steady, 113-16. , Mvanthkh-Quiet, 107fcc. St. f/mis—Onlet, 111-16. Norfolk—Quiet, 111-16. he-: iai* ib!i* io« - 10 .10.41 10.45 10.17 193 1MJ-3 lit'.:::::: Kiwi riote-l eleady. uss LIVERPOOL COTTON MARKET. Liverpool, Jane 15.-12:15 p. m—Spot cot J* hii'tneu moderate, wlln price, steady. Middling upland,. 0.07d. Rale*. 10 000; Atner- ken, j.iito: .peculation and export, 1,000; re- JuHe-4ill V Inly Ausust .... Anf.-Sppt kpt. ik t Oct,-Not. ,„••*, Xot.Ihh* Ow.-Jejj. Mfc-Peb to. March .... tlotvii quiet. jg rnniv • Qgk fr C i ts 5.90 Range. 18 5.53 *.» 1:lUr 5:8*" I M $.014.<2 6.H MO 6.004.01 5.67 6404.00 5.10401 6.67 _ TODAY’S PORT RECEIPTS, the following tablo .hows receipt, at lb* toll j, compared with the si mo dty year: . 1906 13C6 ■ tab-ana balrrstou ,... L Nrannnh nurtatiin J1lnlr.gt«»n bltlmor* .,,****’*****’ »• York kittnn -If . phia ’ *.*.,’ ,*,* *! Vrporr N> wt »run«*ri.-k « ifl i'o«*t 491 2672 6 507 49 ■ 276 200 **i7 21 50 61 6) 1920 v 1H{ fc 47 * “J! If k\ d 12*7 *4 *31 v "jj b ■jji tt tfe tf .... Cl T.t,| 4453 swa t | INTERIOR~li OVEMEf rr IT. « 1906 s Heoitnn f’-Oitihi* ** 1397 H 34 13 in mu . c< “St* 647 « tm.1 (644 m v estimated" jrSt.aStffln "receip* « 100 to kit year: 254 actual against 3 #r rs. w 4W bales, ^ Galreeton, JJJ last year: JJ 479 actual <>{ a Mr. Lively has edited Markets in five yearn. His experlenoo makes South if not in the entire country. Atlanta and the South for more than twenty- him the most reliable market editor in the NEWS AND GOSSIP Of the Fleecy Staple. Glhert & Clay. 16.—Tho market Is nsr. Liverpool Is doing little roo “ tMders who have been beer- ajwcwrtyw the- nufarorsble reports •rj® 1 T^ xa,> . «w attempting to ron- strue the rain In the Atlsutics ns unfavor able, but the crop there Is ready for rnln. New York Journal of Commerce: The mar- !SJS r L h n da,r WM§ ** nep *Hj f quiet and werp ranre disposed to ns- sert their uotlons of the values of goods, and In many Instances they refused to meet the views of buyers, who have been persist- ently hammering prices for two or three be found to warrant buyers to expect ant *“*t concessions while costs are aa lilgi Private Wire to Ware A Iceland. New York. June ,15,-Ono Wall street bouse sold 12,000 bales of July and 10.000 October and December In the late trading yesterday. The weakness In the stock market caused some Wall street operators to let go of some of their short cotton. Weld was a heavy buyer of July. October and December, both on the break of the morning and during the last hour. Cotton market opened quiet without spe cial feature: trade light. Wire houses taught a little cotton. 8ae nothing star tling In the market at present. Following Is from Belton. Tex.: Find the crops only medium. Drouth still continues. crop Injured by drouth and lice: no Indica tion of rain: lice are causing crops to dry nud crimp up; plants look weak; crop pros- “ ‘ m m rop twenty The tasoer-Goldman Cotton Co., of 8t. Louis. Mo., gives out the following weekly rsport: Our territory has bad another week of favorable weather, and the cot not l»eeu the caae this early for many years past. Along tne upper Ar kansas river rains have Iieen a little too abundant, and from some sections Iu south ern Arkansas come some complaints of lack of rain, but no damage has resulted so far In either section. Generally speaking, the outlook Is as good aa Can be desired. New Orleans. June 15.—Liverpool cables art* not any too favorable. An ndvnncs of * *nts hardly meets the fluctuations on been Increased Sales of spots ha vs mips id idc niiiern couon urn. pul no rain In the western belt. Texas Is as dry ns a bone. Very little* business Is being dona In fu- ires. July held up well, but the new crops are not particularly steady. In spite - —— • drouthbM.GIDpO toofwypyp * “■ —Tac- PIEDMONT BROKERAGE CO/S DAILY COTTON LETTER Cotton—The cotton market was dull near er all the morning, aud while the Liver pool cahlea showed it better tone, our market failed to respond to It. After the HM|tig. which was around last night’s ->g. a tatter feeling prevailed and the Inaarhy options advanced 3 points. The dlstsnt months were dull and steady. The continued dry weather in portions of Texas,i MNew York Hi may cause shipment of this cotton else! where and the local atock may be vsry mnch reduced. The market la dull and oni |weak spots we believe la buying cotton | PBMPVPHVmHBHIPIHV-ontl afresh In the stock market this morning. London prices showed declines and our opening wan lower than last night’s final ■trices. The bullish demonstration the past >w days In Baltimore and Ohio was continued soon nfter the opening, but the pressure of stock had Its effect and that stock sympathized with the balance of the Mat. The action of the Pennsylvania sys tem In Increasing the dividends on soveral of Its subsidiary companies Is flven as the reason for the strength In Baltimore and Ouft .which road la controllsd by tbs I Pennsylvania, and good judges look foi similar action In Baltimore and Ohio startl ’roni the opening stocks were offered! ■Hie and losses ranged from 1 to 4 per cent, Reading suffering the moat. The Granger shares also carse In for their torn on renewed reports of crop «I was currently reported on the■■■■!■■ | Keene and his friends had formed_ an I xesalve bear party and was i most vulnerable stocks, such L Union I*arlflc and Ht. Paul. Milting the market la dull and low prices of the day prevail. A good trading market seems upon TONE AT OPENING WAS IRREGULAR EARLY DEALINGS WERE FAIRLY ACTIVE. After the Opening Trading List Showed a Slightly Harder Tone. houra of today's trading liquidation went on with very alight lutcrruptlou. The “ eovery at last ulght’s close proved to h beeu due entirely to repurchases Ogu: M ........ .ug Font prices off quickly all over the list -—trul rallies occurred from time to time thereefter, but on each j>eriod of strength stocks were thrown out In UrgeMHHgi|M and quotations would sink lower It was a liquidating market nu R Ie, and the pace air the decline e regulated only by the nar •ure and aim ne seemed to . narrowness of the demaud. So far ns outside matters were concerned a good deal was made out of an accountable rise, which followed In the grain markets, and some uneasiness was expressed over the nnsettlement of was Influenced chiefly by Its own Internal weakness and the general desire lu specu lative 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 dime tlon. Dealings were fairly active. . Haiti more and Ohio was taken In soveral round lota at alight concessions under last night s quotation. Ht. Paul opened off Vk. bin; UnJon Pacific received a fair degree of support. Reading was active, but uuder J treasure, losing over a point In the ew minute*. Hteel preferred, whle_ . cel red good* support yesterday, sold off Immediately 'after the opening. After the opening trading the list showed a slightly harder tone. There was a continuation of the liquids tlon In early trading that caused furthsr declines In nearly all the active Issues, Reading falling to 133H and Union Pacific dropped to 148%. These two stocks Indi cate pretty closely the general range of the market. After tho declines inferred to occurred, tho tono Improved graduath at the end of the first hour the early 1 were recovered In some cases, and la others slight net gains were made. The buying of Union Pacific and Reading was con sidered very good. Baltimore nud Ohio, which hna i>een In dentaud from banking Interests for several days, was firm. There were current reports of a coming Increase lu the dividend to a 6 per cent basis. Arbi trage brokers were moderate buyers hers for London account, taking about 16,000 shares. Governments unchanged. Other bonds Irregular. REMOVAL OF P RESSURE BRINGS ABOUT A BALLY New Orleans, June 16.—There was a dearth of new* from Liverpool, from which It Is natural to assume that no development, have occurred to dle- turb the proealenesa of the forelrn market. Option* closed from 2 to 2 »lnt* hither than the previous day’s evels, while spot salee are aseumlnc x decidedly better basis. Ten thousand bales have bean sold today st an ad vance of 1 point. Today's early ses sion was vsry quiet, but after the noon hour conalderable selling was Indulged In with July the center of at tack. Thl* new turn of affairs was attributed to the liquidation of the ireet. The weather map, de- The forecast for tomorrow But the trade pays little atten- ie weather alone will govern the NeS °Yo P rk. C *Jun* 1J-—Rtoc**—Tbs ...arket was Irregular In ton* today and accepted selling preeeure ™ther times. The principal Interest .red la Beading and the cop- U *■ ALABAMA 1 GIBERT & CLAY r. SottI!*. Saa?£ COFFIC. PROVISION* ATLANTA. OA. 2 Terk 9toek Exch»nr*4J.>w Orissa* 0*100 fJ^^inV'SlS^^cett^AsSristl®* * T •?* CM3* Uesl and Lena Distance Telephon?52sil' ^ W R. FAGAN, Manage* Sew York, Jnne 18.—The Run My,: -res still a contracted upcculntlon, ilui the feet tbnt It la a profcaalonal mar which Is not st the moment subject to any very striking Influence one way or the other. Taking the mmui of the crop sod weather news, It Is favorable, though Geor gia hue bad too much rain sad southern Texas too little. Yet In Tax*, the tern persteres bar* fallen and tunny prlrat* report, are of s favorable character. There seems to be a vary general fear, too, that the bull leader sold July hearUy against large stock, of the actual cotton which he bolds, and which la said to inak* a largo proportion or low grades However this may he, leading bull, for the time at least gars support, and It waa notice- aide, too, that July suddenly rallied In New Orleans. This was due to the fact that no rain was predicted for southern Texni, that the New Orleans receipts are likely to ho atnall and a good many of tbe ahorta deemed It protlent to rover. They covered the July and other month, h,re aim. Under the elrcuiuatanrra an early decline wag recovered aud a inudrrato ad vance took place, nut moat people awaiting farther development,. Uowl < conditions In June do not grttle the mat- K r. July and Augnit meat be beard from fore anybody can feel at all tore about the site of the cron. With reaenuahly favorable conditions In those mnntha It may turn out aa large aa any ever raised. If not larger. The break In I he stork market waa not without some effect, par ticularly aa atock exchange homes sold. Yet. the market rallies whenever selling pressure I, n-mored,”—tlllwrt * Clay, ”— — •— -* —mea-Itemo sweet enough monel to the price enemies' palate, yes terday morning, and before the day waa done the whole bunch had jumping tooth ache and an abundance of remorao to none. The New Orleans mid-summer poettlou, at a premlvn of *4 points over Octotier, 1* the most daceptlre speculative proposition the talent ha, asrounterrd In many a day. More damage lurks therein Hum the glance of * woman's eye, sad quite aa muck allurement. Evident enough, this statii, of affairs aonth I, aiding the price of all po sitions .In the several world markets, un- assisted, the July opUon at.New York could hardly bold Its own. Liverpool Is worried, orer Immediate supply prob- season should produce an adequats yield. The price appears high when rompvcd with previous years but the man wlw Ig nores the altered relatione of producer sad consumer, lacks Hut degree of speculative sagacity absolutely essential to reasonable safety, now that the gams la agslast the apKolator at moat tvery tarn. If- moment the market Is oot of gear, r tone end price making factors have means lost their control of the staple.' — Ware k Leland. COTTON SEED OIL MARKET. , Nen '"a iitYi* daring" tin 'tradlag. There be* been t little ferelgn demand de veloped .luring the past few darn at the lower prices, end some Inquiry from soap eqi jo septa moq eq laeiemi eqj, vuegsiu market, however, continues v«y moderate. New crop deliveries quiet and waiting for (briber development* of the cotton crop The market at the clou was Unit, with prices^ unchanged to Me lower.-Wsre * Opening. .Clone, Jan* . nly September October .. November December 8H«*3 **wl nosed steady. the market was heavy, with only nuch nervous rallies ss appeared to bn occa sioned by the covering of short Inter est*. Apart from th* effect of a more serious crisis In Russian affairs, politi cal and financial, foreign nioneury conditions era extremely favorable, but today's new* regarding these, matters waa extremely disquieting and the In fluence must be allowed prominence among the causes at work at this tlm*. Th* money movement oftheweek In dicates again the banka of 11,000,000 ss a'Mt result of sub-treasury and In terior operations, Thera should bn no greet Increase In lonna and the state ment tomorrow can hardly be an un favorable on*. Sentiment on tb# mar- ket ha* recently, from various causes, become unfavorable, and though the doe* of the week And* fundamental* In good shape, the Incentive to more than most casual operation* doe* not exist, and th* market still remains In professional hands. RANGE OF NEW YORK STOCK MARKET Open Amalgamated Copper.. Atlantic Coast Un* American Sugar Helloing Anaconda American Locotaotlvr. do prv‘ American . do preferred Atchison do preferred American Cotton Oil Ilaltlmore am! Ohio Brooklyn Ibiphl Transit Ciiiaillsn 1-acute Chicago and Northwestern Chesapeake ami Ohio Colorado Fuel and Iron do preferred Central leather...... Chios go aud Orest Waatern < hleago, Milwaukee and St. Paul J, do preferred a General Electric Illinois Central .American Ice Securities Louisville ami Nashville ”exloan Central looourl l'flrlrt.- New York, Ontario anil‘ Westeni.'.‘.'.'.'.”.‘.'.'.'.'...'... National lead Northern Pacific New York Central Norfolk and Western I.." Pennsylvania People'* Has..-. Pressed Bteel Car — —f erred Steel do. pret. Pacific Mall Reading Republic Rock Island do. preferred United a tales llnbber do. preferred Hontbern l*aclf1o Southern Hallway do. preferred Hlo,,.Sheffield Tennessee Owl ami lron.>., Texas and Paclflc do. preferred VlrglnlaCarollna Chemical annul do. preferred TIPS FLASHED From Wall Street Private Wire to Were k Leland. New York, June 1*.—London easy; Balll- lore and Ohio off M. Action of yesterday's market wae sug gestive of a shake oot, and umlonbteiiry there has been some Increase In tho shitt Interest. A fairly favorable bank state ment can bo expected, hot as professionals are bearish, further drives will be w|t- ucaaed, Strength of United Htalrs Bubd preferred excites favorable remark, Ht. Paul appeara to l» well hold, and on further breaks believe the good stocks can be taken on for turns There la more or less agitation ovor Ure sslmlstle should . wance. and traffic !e v b&>y~ln~ aireectiefis. °Lnoff for Irregular stock market today. Would buy the rails ou any such dtps as had y<\ twrvlay. STOCK 8ALE8. I p. in.. 3 |h m.. Total :: *.::::::: OrJranA June 15.—Cot tan bad a nar- roua undertoiM* and flurtualrd ratbar uncer tainly atara am I then well below tbe level of jeaterday'a cloaliiff. which left tho til- ant In a more iiuatletl atite of mind than ever. There keldoni baa been a time when tbe trade aa a whole baa been ad wllllnjr to alt on tbe fetnw ne now. Tbe larireat operators and the blggeat brokera openly my that they prefer to wilt a while tafore commlttlnir themaelvM to either old* of the market. There waa nothing In the weather to pro mote open! lit loir. The weether map show ed that the droath continued over Texii. hut prlvite report! from thera atate thit. while cotton would ta benefited by rain. It coubl not Im raid thit the plant wne iiif- PnwT~fitiiee 'TTw 1 *' w «TawZr3?, B "TtS5E fnrlng from Wint of rnolaturc, hut that tho LoJ&nn RtAubir!'with i“l?e lraue. rftthi? -prll had enabled the farmer- to th«r- tatow parity. "Ruralin tanda continue very weak In Londou and Faria on Interaatloual die- turhancet. cera of merchandlao exports for May Baum;, *i3^:"*° 4 ' ■ otr uf ‘‘Lleht demand lor atocka In tba loan Town. ••Protable none of the gold rant to Frlaco will bo exported until the crop movlug i 1111111 niiiea mnemng amt Henning irnlng about li per cent en common, bul » dividend thli year. ’’Northern Pacific groaa Increaae for May rIrate Wire to Gltart A C!a/. I New York. June 16.—Daniel Odell k Co.: rDerelopmrnta over night Indlcatn that aa the late rally on Thursday waa rhlefiy abort covarlng operation!, tbe tuarkat aa a whole may mg off again today, ta Irregular a ml unsettled and exemplifying the wlodom of following the tradlog poattton. for once liquidation Ta started It Ts almost Impoaallde to determine the exact extent tafore band. We recommend conaervatlim and the tak ing of tndoerate profits on either aide of W) market for the present.” Marahall. flptder A Co.: *The market, Votu yeaterday’a Indication^ ahould rally aomewnat today, hut In any event aurh decline aa might take place will donbtleea | id low the recent leader*. Stock* ought to dry spell ? et , t was keeping d< >11 weevil. The di, rice* up, but a eoaklng cause a material drop. beefca the ravagea of Idv HIf appreciated and eh NEW YORK COFFEE MARKET. Tbe following table givea tbe opening and cloalng a quotations for coffea for future delivery today In Naw January February.. .. •* March: June.. .. •• •• •* July August Hep tern tar.. *. * October.. .* .• . Novnntar December Closed steady. mn, .. 1.0415 .. i.664.® .. 6.70 .. 6.704.75 .. 6.104M .. 5.164.05 .. 6.064.10 i, •. 10 4.15 9. 6.30 .. 6.214.5) Close. 6.504.56 6.604.61 1704.75 1754.15 1154.90 106110 1104.15 6J54.S0 6150-125 1354. SO 5:8 VS, NOTES ON GRAIN Pointers on Provlalonf. tnicago, June i.i.— rasn nnNiiiM* in wheat In Chicago yesterday waa 41tMft buahHa, Including 13,000 No. 2 banl %c under Hep* tcmlNT fu store; No. l Northern at %e The aeaboard ri*norted no export rales. Armour sold 780.000 htmhrla wheat ou thi bulge and Kneeland 1,000.000 Armour anc all tbe elevator people an well aa the ship ping Interests are taartah on grain. Tulrty-llve aelf-ldiiUeni are cutting wheat on the 101 Ranch operated by Miller llrothera In Oklahoma. They have 12,000 acrea of wheat to harvest ttila season aud good yield. Keporta covering central Illinois ray tbnt farmera are holding their corn for 60c. while bids last ulgnt were He below that figure. A majority of the reports on oata and >rn from Nebraska were of an unfr— nature. Home of the good peopt S hout suffering severely: others aro ta- ■unlng uneasy. One of the largest grain ouaes In Neoraska says the crop reports •mliig uneasy. One of maea In Nebraska rayo __ „_ u on corn are good, but farmera’ in selling corn. The weather lu Nebraska S raterday was dear and hor, with no pre/ lotions of rain. A few reports said oata were a failure. Reports from northern Knnana were of the same nature. Th* whole southwest had good harreat weather, oml^cutMug uf wheat la progressing rapidly Charters were mods for 156,000 bushels . ... . one of the largeet cash corn handlere. ”We must have eome rain In Nebraaku and Kansas In tbe next few daye or we may get a higher market on corn. The reports continue to eome In rather bad on oata from Nebraska. Mlaeourl, Illinois, Indiana amt Ohio, and It la gen* erally conceded that the hay crap over a very large area of this country la light. That win place oata ou a more aubetan* board 1 ” -1 " tb-l> -D * 0lh * r srall> ou tba Private Wire to Oltart A Cla:. Chicago. June 15.-A Ilraomhall cable ■ays: "Wheat opened steady at Hd i vance, followed later by advance of % Hd more. Hupport resulte*! from the light rgentlue shipments, good Inquiry for car* (M*a and ecareify of Manitoba offerings, ndertone very firm. Corn firm and unchangml at the opening* The light Argentine ahlpments. decreaae In the visible supply ami the strength In American spots atlinulated further support d values gained Hd.” Iccord-Ilerald: ’’Kxtrerae nervouaneea ...aractrrlsed the trade In wheat yesterday. The market finally reached a slightly lower level through a very erratic and Irregular course. I'rlcea responded easily to pro nounced transactions In either direction, a -fntrr* — ^ lllin |M*nrei ones. alders of the day. and fluctiiatlona In corn were freauent and Irregular. There was general and oc casional reckless overselling at the outoet because of heavy ralua over night through all the corn tsmtory east of central Mia* aourl and Iowa and because of Urge ac ceptances by the country of bids eent out the prevloua evening. Wells, Cudahy and a few of tho larger local traders picked up considerable corn the early break. This developed a stringency In tbe market, which frightened the early oallera Into a stampede of buying ami ran price# Into the highest figures on the crop. Toward the close there was very heavy selling by the llartlett-Fraser following. This and real ralea by longs wiped out most of ■ ’■ gain. ...though thera was a wsak and lower start In oata on a rush, of selling because of rains over night In most netHtardlstiicts, there was every Indication of natural con gestion In Jnly. Its price advanced WHEAT MARKET STARTED HIGHER LIVERPOOL SENT UNEXPEOT- EDLY FIRM CABLES. Small Argentine Shipment* and Continued Drought in the Southwest Factors. By Prlrsts Lsassd Wlrs. Chlc*ffo, Juns 1*.—W'hsst clossd 3-1 0*-4c higher; corn was up l-2Q3-4c; oat* galnad 7-101 1-lc, and provision* wars 6025c higher. Nsbrssks I* now Ihs only stats whrrs drought conditions are still prevalent. n*lna ovsr th* remainder of tho winter wheat belt have mads wonderful changes for the better, and the crop K romlses, with good weather, could trdly be Improved upon. Thl* change In the outlook caused the longs to sell freely, fearing that the movement of the new crop would also be a factor la pries making. Corn and oat* ruled unsettled and showed the effect of profit taking lets In the ss salon. Primary receipts: Wheat, 347,009 bushels, and corn, 771,000 bushel*, com pared with *25,000 and 444,00 bushel*. Mpcctlvply, a year ago. Clearance* were 194,000 bushels wheat, 21,000 bushel* com and 5,000 buahsla oat*. Cash solas hare were 40,000 bushel* wheal, 90,000 bushels com and 116,000 bushel* oat*. Clearness at seaboard 3 lends wheat, 4 loads com and 100,000 bushels oats. CHICAQO GRAIN MARKET. Mi I § P 1 OATS— ^ 'I/!'. ! S r$ J? rpt. .16.61 LARD— uly. . 6.67H 88 Kept. . 9.00 Oct. .. ».9TH HIDES— » M if \k Hp is 6.97H 9.00 H.32H 9.23H 9.</iVs CHICAGO CAR LOT*. Whsat Corn Oats .>... Ilogg .... Today. Tomorrow. LIVERPOOL GRAIN MARKET. 95 higher: closed” ng long found It necessary to aalf a Uttla to prevent a runaway market. The July strength was reflected lu a (eat radical ‘ *gree In all other Pravlslona were aim JULY OATS EXCITED IN NEW YORK MARKET sharp break In prices members of tbe up town pacty are Inclined to look for some rally today, though tbe majority of them Is by no means certain tni£ It will ta maintained. The conaeNaua a of opinion la that the market will eontlnua irregular, and rather unsettled, for the real of the week at least. The general fall In prices yesterday la not attributed to any change In fundamental conditions, but Is regarded as an outcome of technical conditions which opera tort and — heavily the short Interest. ommlt* nlatlve increase very 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. Prank Iltwkla., Pntld.nt. _ . II. M. Atklnvn. T. P. JnoraiiC. Erwlo. A**!- Csihter. 1 *ph A. McCord. Caaktcr. n. W. Bj.ra, A„t. lankier. Third National Bank .... $200,000.00. .... $300,000.00. DIRECTOR81 J. H Ntaoslly. Frank Itswklns. i CsrraflPsy**. A.' 11 :.! *c"rd. 1 ••i—lw.rd. Capital Surplus By Private Leased Wire. New York, June 16.—Rxcllement In July net* at Chicago this morning monopolised the attention of th* grain market at the opening. From last night’s closing h ist* of 391-lc, they were rushed up by th* short* to 41 l-3a In the Amt ten minute*, after which they reacted lc. Th* other market* responded with advance*. Caught ■ 8** Serpent. From The New York American. After enjoying fine hue Ashing In th* ■treat* of Harlem, Ih* boy* of that section of Manhattan yesterday exhib ited the largest snake that ever waa displayed In th* city outside of a reptile Wllfc the Iridescent color* of th* famed okapi and measuring 15 feet 7 Inches, **ld* from It* mashed head, th* reptile w*s hauled out of the river by Intrepid small boy*, after It* discovery by Captain ''Bill’' Wood*, watchman on th* Third avenue bridge. With the well-known method* of Ih* Court of Boyvllle, the youngsters proudly car ried the hug* serpent on ten barrel ■levs* through the streets of upper Manhattan. The appearance of the snake pro cession In front of a cafe at Lexington avenue and One Hundred and Thirtieth street created a emall-elsed riot among the habltuee of the place. They all de clared that th* reptilian specimen measured at least 39 feet and that It grew In else a* It wa* observed With due appreciation of th* occa sion, the policeman along the line of march failed to make any demonstra tion against th* snake bearers, and th* proceialon moved, tAimoleated, along One Hundred and Twenty-eighth, alreet Into Park avenue, to One Hundred and Twenty-ninth street, lo Lexington ave nue and One Hundred and Thirtieth atreet. Large crowds viewed the rep tilian wonder, which woe declared by all to be the longeet leviathan that ever languorously lay upon th* limpid water* of th* Harlem.: Pert of th* akin'or th* reptile pro* confiscated by Electrician Hultsren, of the Third avenue bridge, who has con structed two life preservers therefrom. NORTHWEST CAR8. lllk' Ini’ll- ItltHH til,' Ili.lt 111, H.t of grain today, last week sad last ye. Chicago PRIMARY MOVEMENT. Thn fallowing figure# glvo the primary movement of gratii: Wheat -Receipt* today 347.WJ bushels, agnlnat ■AM MMl last year; ahlpments l• .liny bushels, against 2V.OOO bushels • last year. Corn—Receipts today 771,000 bushels,, against 444,000 bushels fast year: ahlpments tiHlay 361,000 bushels, against 271.0UO bushels ' last year. Hawthorne, he who wrote the "HeerUt ; f ni'l it's grwit.-st dHlalit In read ing over and over the advertisements In r files. Ho Invariably wsshM 'ore rending a letter from bla ' Ing over ana dram Handel, a German musician, wrote at a much of hla writing la atalned with team Washington Irving, the great novelist of our own country, revived n Itfetlmn blow In the death of nla (ffneoe. He never after- Oliver Wendell Holmes, our own Ameri can physician, poet and essayist, wi« a prince In letter*, aod b- • «rri,--t n po* I' f"' w • r Mill n hors.- chestnut In tbe other to keep off rheumatism. SOUTHERN EXCHANGE oldest IC.tiiliMihcd Office South. C OTTOS - STOCKS ——SOSOS—4MM Ground Floor Ooutd Building. Dally market letter and market manual . ! II (i[iil'ft I Ion L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN CoaupoBdMt's Capital $350,000 RCrXRCNCC, THE NKAL BANK PHONE MIT. PaUOCNTIAL BLOG THO*. J. PEBPLB*. Cashier. JAH. O. LggTgB* Aaq't Caahler. MADD0X-RUCKER BANKING CO. CAPITAL $200,000.00 SURPLUS AND PROFITS .... $500,000.00 Accouerra invttco We invite accounts of individuals, corporations, banka and bankers and offer the beat terms consistent with conservative banking. In our Saving* Department 9r* allow Int*re*t at th* Bat* of 11-3 per cent. Compounded Semi-Annually. * WARE A LELAND COTTON, GRAIN, PROVISIONS, STOCKSTbONDS, Hi. 3 Will 31., him Billdlii. JUIi.fi, Cx MltllllS: gre r.,1 C.U.. fxtll«,f. Ct/c.,. but .f Trill. Ira C.ffa. lithiigi. CXItigx Sink f.cfca*f,. tiro..,/ Call,, itmtltn— tin Yi'k Call*, llttligl. hi,III WHt, f. tin rut. Mm Orient. CUngi. 0. C. COIIItH. U. WfkwME 134, PIEDMONT BROKERAGE CO.. (Incorporated.) Basement Floor Piedmont Hotel. STOCK*. BONOS. CRAIN. PROVISION#. INVfiTMfNTL Fast Wire 8er^ice from New York, New Orleans, Chicago. coanrapoNOiNt* H. J. SACK A CO , AX BNOADWAV, NEW VOSK. IDW. HOTlt. LO<»ls*dL«»9 Dltta*<t Btll 1991. I . , ■afitoHBa -