The Atlanta Georgian. (Atlanta, GA.) 1906-1907, June 25, 1906, Image 11

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f THE ATLANTA OEOROTAN. rrnn a. >** 11 JOSEPH B. LIVELY ( THE GEORGIAN’S RECORD OF MARKETS AND FINANCE"! Mr. Lively's Z .rears' experfen y( wilting tnnrkt td In Atlanta and th lisa tun da him a r e#- ngntxed authority In hla specialty. were without adverse effect oh market. Trade Very Light, Though Ten- dency Was Toward a Higher Level. Tam" does not adversely afreet the market for futurea In New York or New Orleans. The rainfall ao far has not been general •ad while a low barometer baa appeared In , tbt* state. It la not a certainty that more rain will fall. The rainfall In Texas, as reported up to jj o'clock. la as follows: Abilene lJt; Bee* rllle trace; Branham .08; Corsicana .20; Cnero .04: Dallas, trace: Ix>iigvlew .02; I.uling .04: klexla .00; Kackadocbes .10; 1Mlentlue .00; Sherman JO; aco trace; Wnxnhacble .02. Tin* western Texqs forecast In detail la » is follows:i end for Arkansas., 1 — — rltorlea partly cloudy weather with showera and tbunderotortijs and cooler weather. The Liverpool market was tatter than ex peep'd In that It did not fully respond to k>w York's decline on Saturday. At the close futures were 2 to S points, while spots were marked off 6 poluts to 1.14 <>n sales of 7,000 bates. The New York market opened unchanged to 1 point higher, and for the balance of the session there was practically nothing doing. Speculation la dead, for the time Mug at least, about the suit factor tain# the continued liquidation Ih July and until that option la out of the Way, and the mar* Jr#t assumes Its normal r— Inters to a great extent wl.. , (’. I». Freeman A Co., New York, In tbelr circular letter today, say of the market: "Today we are at the beginning of the culmination of the liquidation of July, and with it premiums for the new crop, are being established and the telling position note secure. While July wns nt an abnor- smt premium over the new (— “ only natural that October anu _ should not decline, hut from now on. with the continuation of fine crop prospects, we gro likely to drift to lower prices. The July August manipulation In Liverpool might succeed, so might the July In New Orleans, but the crontida for their success arc purely technical and do not reflect merit or the economic conditions. The new crop iMotions must ta Judged and valued hr ihcutselves. Lower prices seeui Immi nent. but n seller must hare patience and I* prepared to cover If the entire belt be affected by drought 111 July and August." In the afternoon the cotton market turned wesk untl a sharp decline resulted. July sold down to 10.10 after openlag 10.21 The sen- crop months showed a lots of 10 flints. By Private Leased Wire. New York, Juno 25.—The local cotton mar ket this morning opened steady, unchanged to 1 point higher. Showers at several points fn Texas last night were expected to pro- mote n lower start, Iwt the big short In terest In the.late months, coupled with •nsdy cables from the market nt Liverpool sustained the list, and after the call It advanced a polat or two over Saturday*# clone. The market at New Orleans optiied practically uuchanged all around. SPOT COT1 ON market. | sy. 1013-19. Steady, 10.R0. NEWS AND GOSSIP Of the Fleecy Staple. GENERAL DECLINES rrtr»t» Wire to Oltwrt ft Clxr. «•» lot*. Jan, iS.-Ur.r.mot it UJ6 k.. ®- w *3 6 point, lower on iht. crop and 3 nn . J , on nex * crop. Wds expected to be 7 and 8 lower ou this and 4 lower on next. Except for the continuance of the July liquidation, the market la featureless. The new crops are growing dally more vulnera ble, and lower prices seem probable. The Journal of Commerce reports culti vation of the crop In North Carolina de layed ami (star scarce, but with fair weather correspondent* think the crop will bo nearly nil saved. Plants ore generally healthy and growing rapidly, but many are MADE SOME SLIGHT FUR THER LOSSES EARLY. Supply of Stocks Exhausted After First Hour, and Upward Movement Set In. .... hvx, •* uu uuiaui »» m bumuw iioiirr than expected, being due i points lower db near and 4 lower on new crops. There has been some little buying owing to continued absence of rain In the drouthy section of Texas, but the market la very narrow and uninteresting. Today's man shows light rains In __ scattered sections of tie belt However, the drouth lu southern Texas remains un< broken, although a low barometric pressure to the west of Texas may bring some wet ldlan ana Holly Springs, Miss. „— — bales ., western Alabama and 109.000 bales lu east ern Mississippi. 400,000 bales In southern Louisian* and 100,000 talcs in western and central Texas. In addition to this, an area R roduclng GOO,000 balea In southern Texas i a atate of Injurious drouth, so that the week's developments liar® lieen unfavora ble, thongh not necessarily Injurious, over I per cent of crop and Injuriously hot snd dry over I per cent, snd favorable, though with a wide range of conditions, over 87 per cent. There Is an area of low pressure cen tral over northwest Texas which holds promise of showers for that atate. which. If realised, would ta beneficial. While It Is not unlikely that showera will attend the eastward advance of this low over the en tire belt, there la no decided Indication of rain, which Is favorable for the Atlantic states. week will not be consider* The local market takes It for granted that he report la going to be bearish: anything but a very taarish report would be a great snrfftlse to most of the New York profes sionals. "Small market; RANGE IN NEW YORK COTTON, The following Is the range In cotton futures lu New York today: _ . Last Previous Open. High. Low. Hale. Close. Close. Juno .lA.26 10.IT 10.28 SO.* 20.10-12 10.20-22 July .!«« W.21 10.10 10.U 10.11-g 10.|l*» & :S3 iS:S S3 S3 S8f Sgf Oct. .10.35 11.33 10.3 l&fl 10.3-27 10.34 3 Xov. . 10.44 10.44 13.31 1AM 10.23-23 10.33-37 l*«. .10.41 10.44 10.32 13.B 10. HM 10.40-41 jin. .10.46 10.43 10.34 10.33 10.3333 10.44-3 l>h. .10.41 10.46 1 0.43 1 0.4S 10.33-41, 10," “ Mill. .10.62 10.62 10.42 10.42 10.44-46 10 t.'liwwl atpinlr ,t I bn decline. & RANGE IN NEW ORLEANS COTTON The following Is the range In cotton mures In New Orleans today: _ . • I oist Previous Open. High. Lew. Sale. Close. Clqsa. June .... fell SMI Hept .10.70 10.33 16.«J 14« 10.4144 10-30-31 .10.43 10.66 10.44 10.4* lO.JLg 10.6132 . .10.46 10.40 10,40 10.40 10.21-16 10.42-44 <W. .10.23 10.34 10,21 10.32 10.21-22 1023-r N"\ 10^» 10.30-1 lx-.-. .10.32 10.r 10.24 10.2* 1A26-26 M.g-i j«o. .10.37 10.42 10.12 10.0 10.3233 10.OH It'll'. ! 10.50 10.62 10.44 10.44 1044-46 I!!!!! Hosed steady. LIVERPOOL COTTON MARKET. Liverpool, June 25.-12:11 p. m.-^pot cot t*'n (inlet, with prices easy. Middling m . Hales. 7,000: American, 9,70* Provk C|0#d B.*l 1.17 kept.-Oct ; tat-Nov Nor.-Hee Itec.-Jsn •Inn.-Feb Feb.-March < losed steady. Opening Ranee. Clot 1.17-0.* Ml A144.82 8.88 A804.7V 6.71 8.844.0 *434.67 6.644.6* 6 41 6.636.30 6.47 1.664.61 6.63 The following table show* receipts at the p'rta today, compared with the same day W"t year: 1808 1306 Orlraa, ■I 1087 4 2S 473 *' 918 Lit 1 VORtOtl Mnl.lle K.ivannaii ‘ ^rlraton ^timiufton Norfolk* hTlti more » itoateav^irriiiriirriri I'bllOifelnhla I'aeliic roast *i» «M 13 Total 8482 18945 INTERIOR MOVEMENT. 1808 1906 198 3 371 rn •2 140g 238 123 *313 A'isu,U ................ Ira*l, 1 "‘'-Iniratt Tout 888 I3M L. J. ANDERSON A CO.'S DAILY COTTON LETTER Now York, June 26.—No mini In Ten, In «mmmt to anythin* mat.Hullt.il over Hunday. lienee Hie local market dlaplayed a better tnne after Ike opening today. In ildltlvn to eorerlng bf dfrapnolnted ahorta .here «-n« aomo biiylnt; for Investment by Internals that argue tbo ilncllne linn (one for enough.. It la known that tber*' la now n Inrge short Interest In July ami as the bulk of the Ions Interest baa lieen lliiutdated It may be’that the market will be tnmed ayslnat the abort, at any mo- meat. Ilowerer this may be, pHrea around 1014c. wltb a doubtful outlook anil a larce supply needed, do not look unattractive, anil a drive at the abort, could Ive manipu lative wltb romparatlve Mae. The market today baa baen steady, but very quiet Trading la confined mainly to tb« profes sionals, but er.n they seem Indisposed to make any further commitments just at present. PIEDMONT BROKERAGE CO.’S DAILY MARKET LETTER there. Uvcrpool spat rnarfet id va need .over 14 point* last week, while the New York market declined 26 point* Korel(n spin ners have been reported a, aniloua our the beary deereaso In tbo rMbla supply for the world. The fact that wares have tieen advanced In New Kurland mills and at Vail IMver ,bow* the artlvlty In the dry rood, trade. Onr markets opened steady with advance, of 1 to 3 points. The rally In July w» abort lived, add after aniline up 10 point, reacted. The new crop op tion, were very Steady, and whlla slmo-era By titrate Leased Wire. New York, June 26.—Tha week on the •took exchittf* opened wltb tbr Mm, un- certainty In trading circlet that wa, tin, chief Influence la It week. Ho-far a, out side developments were concerned, there wak nothin* new to Influence speculative calculation* The foreign markets displayed much the same hesitation a, onr own, and Irregular changes from Haturday ware sent over for American stocks. During 4ho early dealings local movement was again very much confined. Home abarp declines oc curred In tbo minor Issoea, where, as lu most of tbo Important railroad Issues, rath er better support dcyeloped. nud this group as a whole ware well sustained miring the morning. It could be said that there was very little, liquidation, nnd except In a few Inconsequential storks none of an urgent character, nnd ou the other hand. It had to be admitted that offerings were very free on the ralUM. The stock market opened at general net declines. Anaconda off 4; Hineltlnx down !L Baltimore and Ohio at" — "If H. Krle anil Northern Transylvania nud Union Ti opened >4 lower on. Southern 1'ae.... n advancing nt the outi generally remarked that utalde speculators came d , tha ^trad- down town Under the lower and made aome slight 'y trading. The ms though, nnd a deinnnu xpneti early decllue, that easily je supply of storks and for an upward movement before the Brat In There waa a better local business than been noted for aome -time, allhmtrli mu-, commission houses were ou tho aolllug aide of the market. tlovernmenta unchanged. Other bonds strong. 8TOCK SALES. hnve been repwded In'aome ports of Tetaa. they are Insufficient. Dullness and profea- —,■ — ■- -h« market. far a, could lie learned It Mem, a. pool of certain Rngllab and New York In terests. Ktars of July liquidation waa only If into n discouraging, perplexing mer it Is strong and dmoyant one day. demoralised the next. Hentlment la n mult of corerthf nud absence of flqui- da t Ion. Stocks—The stock market has resolved Itself ** ISS _ reV*‘V.k«- by’ the" speculative* public. Tradljtg i Is entlrely promalonsl. The^re- dead on Hoatkern Tst-inc should Inaaeoc* better prices. The better crop reports from Trading ta entirely professional. Tha cently Increased dlvldenda on a nan of leading Issues and talk of an enriy i dend on Hontbern Tarlflc should Indm better prices. The better crop report, I the west ha, provided no stimulus to trad Ing. Yet w* think (locks are * batter purchase now than for aome Horn. , NEW YORK TALENT RAIDED JULY MERCILESSLY uly mercilessly, while the promise of twin, orer the drouth sec tion of Texas sent spec slat ora of tha new crop position* Into the arena again. Utii- tlme the logical effect of the week-end its tlstlra faded Into thin air. The week brought to Ught no market factors of ape- claI Importance other than the promise or a splendid crop ta the New Orleans terri tory! The flelda of Mlaataalppl. Arkansas and Louisiana are reported la most excel On lb* week New Orleeas _ —. middling spots and 23 points on the July option.—Ware ft Lelaad. E8TIMATED RECEIPTS. New Orleans expects 1.76, to 2460 hales, against 1*34 aetaal law year; Oalvestoa 3.0M to IJton.agslastMM aetaal last year: Houston 2AM to 3.666, agalnot 2,166 actual last yMr. THE DRY GOOD8 MARKET. ket was qaiet today. The tone' of the trade mproved by th* reeeat rerlsloo* of price*, sad a larger movement la looked for. •• C ALABAMA »T. GIBERT & CLAY STOCKS. BOND*. COTTON. CHAIN, coerce, WHOViaiON* E w York Stock Bxchanre lNew Or^,”(•".N.u"L>;h-irfi-'^^^A^'lIoa •»? Privnta Wtraa to «i; Exchanx* Lacal and Lang DUUnca Taltphana 5298, ATLANTA, OA. w. Re FAGAN, Mananar. .OTfi'jfu.'.d.WCTAblNHIfR'ilfii^lTAo'NU.I 2 p. in <81.400 aharoa Total 088,900 shares STOCKS REVIEWED BY NEW YORK SUN New York, Juue 25.—The Han anys: "The market last week showed do great change from the conditions prevailing for some time previous, thera being ,• lack of In- tereat on the part, of the jran^ral public, and operations which for knuo lime paat have been by profesrionala. The continued ataenca of the public, however, became rather more Oltconrertlng In view of the developments of n favorable nature which occurred during the week, and which, under ordinary.eircumataacta, might be oxpocted to exert a bullish Interest. Aaaqriated with the Pennsylvania management are some of moat Important financial Intereaja In tl]e arrant for the aupboaltlon ruinunl disbursement* (h resnohae to the demands of Important minority holders to partldjMitc In the road's iiroaperity. The lenor of the news during the wsek on the whole waa favorable, while the reporta from abroad, particularly from Argentine, Indicated some deterioration In other ex porting countries, oo that .part at least of the advanca of grain prices was Used ou ranees lending to enbsjicsmeot, of the A Clay. RANGE OF NEW YORK STOCK MARKET CloaeiPrar. Bid. Close Amalgamated Copper Atlantic Coast Line * American Sugar Iteflulng Anaconda American Locomotive . do preferred American Smelting lteflnlng i, 2? preferred . do preferred American Cotton Oil Baltimore and Ohio Brooklyn llapld Transit < nnadlnu J*nclfle Chicago and Nortliwcstcrn t-hwaapaake and Coi.u.ido Fuel and Iron Central Leather do preferred Chicago and f.reat Western Chicago, Milwaukee and Ht. I*aui JJrlaware and Hudson HlstUier'a HecuriUea Kile * Illinois Central American Ice Hecurltlea ,<,.,.3 taulsrllle and Nash villa Mexican Central Missouri Pacific Nw€>nt«rlo and Western Norther* ^w York central | I'ennsylvanla * Pressed Steel Car,; Pacific MsII....,.., leading Republic Hteel Hock Island...,. " .. do. preferred United States Rubber do. preferred Hontbern Jarlflc Southern Railway . do. preferred Sloaa Sheffield Tennessee Coal and Iron Tessa and Paddc....,., * Union rseifle Uulted States Steel... «... virgiiiiaVaroiinn’chcnifcaL >au _ do. preferred Wisconsin Central do. preferred.. TIPS FLASHED From Wall Street London raining aottlanirat htgan today and rvgnlir aottlfm.ut begins tomorrow. Fotoltn mark.la allll unatttltd by Tlua- •Ian lul.rnallonal situation. r.wot atffl mill, .xpwlod to clom thl, auramor than ar.r before la hlatory o} Beirl.h talk on ,tr«l*. I,ook for a amaah on eoppera with enough professional aelllhg In Hnieltera and other luduatrlol* to unK'ttlo tho general markoL 1’urlher liquidation run be looked for, but nppenr .... . .. . •locko unduly depressed for turiu. Look for Irregularity In tho aloek mar- .at. Itnalncai, eondltlona ond erop outlook Mtl,factory. lYoutd bay otoekf an sharp re<vaalona, only, howover, ratable ■ pecu lation I. very narrow. There Mem. to bo (nod hnylng In South, rn I'orlfle with support enough to rreate oIIIm In all' the ketlr. atoeka, Cnmnilsalnn houae "pinImii I, an unnnlmoualy lunrlsh that It tonka a little auspicious. Helling of reneaylratilo nn the report that th* prealdaut may bo proaeeotcd. Summary Rotordoy'. stork market by low, Junes ft Co.: American stock, to /radon heavy H to 14 below parity. Mexican Central Vf •a of 1807 and 6 exchange < ■ cont col* per i i'llt Eighteen million eight hundred nml eighty-four dollar § rn*U returned from Fr»co so far, wltb $22,771,000 still to eomo. Twelve Industrials declined L10 per rent Twenty aetlvt rnllroada declined LU per cent. Private Wlra to Glbert A Clay. _New York. June tt.—Iienlrl Odell A Ctki •Vurther bearleh oncrntlona today In tho stock market are Indicated by flm state of scntlraeat which rulce tciniiornrlly ntid fbe Intllrldunl |>»«lfloo ehoubf be clo watched, developments over Hunday ma It wise to rontlDuo In the trading peel * wing nrofcMlonnl notion and only In ___ ftlooal eoaea giving serious attention to laformetlon. wlilch la auperaeded in accuracy now by technique." NOTES OaY GRAIN Polntors on Provisions. Chicago, Juno Wesker too# to cable* and fnlrlj* good weather In the wheat talt will give os a lower wheat market today. However, the situation warrants buying on all moderate break*. . Very little doing at th# opening. Home RUj.iM.rt In 1114* market . ml t.ilk b. Valentin'* and ITlugto bidding for local Hi. wheat; not taking much wet harvest In southwest and red rust ap- nenrlng In SiiutU hak-.tn nml Mu-Inji.'Rt up 2c. Ttils all combined caused reaction of 3-Kc so far. Ingalls, tack from winter wheat country. mtr K nuns will rnl-4.- ..\it 7 '.k- • !•>>«• els of wheat, nnd will raise aa much winter wheat as last year. Quito a large trade among pit traders In corn, ond about an even divide. Heilman hold C(>mst04'k 340,000 ami thcro was other scattered selling. Chicago Idter-Ocean: Cash business wheat Haturday woe fO.OOO No. l northers Theri* were bids for No. 1 northern of over July In store and No. t was lUc under. One of tbo largest holders of casa wheat w It ti InveiiilH r ami*» n -a.-ll, r. Sales of corn were 1PJ.0CD and oats 80,00L The seaboard did no export hntlneii. Char ters were for 100,000 corn at lfco to Buffs!* All the reporta from W Canadian northwest were J raised tio.oio corn last jet.. It Is Buffering from drouth. corn In the sample markets Hnturdny, wltb price# off Me. Thegiurm... Interest* were not In the market. Toe elevator people are making contrart corn and have taken a good part of the rvcelpta during the week. WARE d LELAND'S DAILY COFFEE LETTER. New York, June, The market opened unchanged to 8 points lower In response to disappointing European cables, but rallied on a continuation of local buying and at tul«1-day waa about unrhangeil to 5 fudnts higher on the general range, with snlea reported In one or two month* 5 and 10 • the closing figures of the p Thera seemed to ta enmpa lively little coffee offering and the* de- requlrcd to rally the market .waa THE WEATHER. LOCAL FORECA8T. WEATHER CONDITIONS. The presaurn element has iHvonie very nnrh broken and unevenly distributed, being eevcral small arena of relatively . and low taromefer, «r“—* .. etatet east of the Rocklea. Owing to win trouble no reports were received from the Pacific coeat stations. Over the eontb the weather 1s moetly clear r nd there hat !>#en but r last 24 hoars, ^while eootl . | _____ _ dy weath er la thin eectloM tonight and Tuesday, probably showers Tuesday. J. M. MARBURY, Local Forecaster. COTTON REGION BULLETIN. rqrpe J* hours epdlngat I acrid Ian time. Juno 28. J808. STATIONS OF ATLANTA DISTRICT. •AtUnta. p. rioady..v..... •Chattanooga, clear Colambua, clear .i. Oolnenvllle, riear...^...,. Greenville, clear Griffin, clear •Maeon, clear.. Moatlcetlo. clear Newnan. clear Home, rime Spartanburg, clear Tallapoosa, clear Torcoa, clear... WeetPolpt, rim . "•kUulmmm temperatam are for la bour period ending at 8 a, m, this date. Mas. Min. TT LOWRY NATIONAL BANK CAPITAL, SURPLUS AND PROFITS OVER ONE MILLION DOL|ARS Foreign Exchange, Travelers’ Checks, Brown Brothers' Letters of Credit available in all parts of the World. Frank Hawkins, President. II. M. A t It I o son. V. P. Taomaa iC. Brwtn. Joseph A. licCord, Cashier. Third National Bank Capital .... $200,000.00. Surplus .... $300,000.00. Dr. A. W. Calhoun. Milton Dargan. John W. Grant. U. Y. McCord. K 0. Rosser. David Woodward. vloua dn, el y ■yiVMH|NPNPNHMR| only iiHNlcrnte wltb sales to mid-day iibout 19.800 lings. There waa comparatively lit tle lnrcutivc for Investment buying In the general news, although some Nfemand of this charm-tor la noted nnd seems to ta duo to tlin bullish sentiment etpresaed by some of the lending trade Interests, who hare a reputetM- for tain* (unit Inti- matelv Informed as to conditions fn all branches of tlm trade. These Interests egpreas a strong opinion that the extent of the coming crop will lie n disappointment to the larger esti mates and that, besides tnla, the world Will require a larger yield than prrrln •WtOf to depleted^atoeks In ronsamlag ... etea and the natural increase in the world's needs. The wratlmr In Brasil waa cloudy lu harvesting sections, ami no actual pre cipitation waa reported. Primary markets “mat etamky ana ^ — *iJ dte of the dvnnci rnslllan exchange. The following table giro* the opening and closing quotations for coffea for future delivery today Id Now York: Heu January February.. „ .. 8.7840 March fi5480 SF.:v.:::: June.. .. .. .. July August Heptember.. ,• October November.. .. December.. .. Closed firm. tm WARE 4 LELAND'S DAILY GRAIN LETTER BL. desire shown to sell on the wesknesa In Liverpool and large itusalnn *blpuienta. but lomo aupp^jrt was eitendcd, with loeal op erators buying, and the market Idd up slightly oa nn advance of 2# bushel lu Budapest. There was a good-slsed de- rren*4» In tbo visible, but not up to expecta tions. Too much rain In many places in tho northwest, with reports of rust, but ontsMo buying was not In evidence, nnd locals sold out. thereby allowing the mar ket to drag down. Tho rinsing was cosy, but ou further dips wo wouUT favor pur chases There were unfavorable reports from Tetaa relative to tbo corn crop, but gen erally conditions were all that could ta asked for, and many tired holders *nld out. There Was fairly good buying of May. but the market closed heavy and we would not bi- j! HAVEYOUANYMONEY AHEAD? la It Inregted whore It la perfoctlr safer la It available now It FORTUNE should knock at your door? Prepare youraelf to take advantago ot opportunity . by Investing your savings In this hank, wbero tbsy will earn 3H per cent COMPOUND INTEREST, be per frctly safe and available practically on demand. CENTRAL BANKS TRUST CORPORATION, CAPITAL $500,000.00 Ata Q. Candler, President. W. H. Pattereon, Vice-President. A. P. Coles, Cashier. John 8. Owens, Vice-President. Wm. D. Owens, Asst. Cashier. »e surprised to witness a sharp break fn hla cereal before purchases will be In or- ler ngs'n. Commission house selling of onts appear ed early and was much In evldenre through Ml" ||*4>, nlMv" k'i til* r«- wns . ipiaUkru bn* buying around 28 cents for Hep- tember, but tbs demand was more than satisfied. The northwest sold, the closing waa weak, and It appears If ns oa 1f tbo market will work somewhat lower. There was buying of IsriJ In the proylabd)* market lij Cunohy nnd commission houses, hot tber# was plenty for sale. The market was not at all nrtlr#. and were it not for the support of Parker* would have de rllued. we look for lower prices on prod ptU * . COTTON 8EEP OIL MARKET. New York. June 2L-Tb* nmrket for cot .jn seed oil wa* quiet. There was aome little stesdlneM In the new eitm months, although price change* were *ninll. Hturke of refinM nrn unusually small for Hit* sea son of the year, and of mid# tber# !• also not much left, and the few bolder* show no anxiety to tell. The strength In lard nnd the leas favorable cotton outlook la the sooth Atlantic region* Impnrted some strength to the market, which at th# doe* waa irregular with price* \e higher ta lower.—Ware A lAland. Opening. Close. £v 5*p Hep tern her S8UC84H October MMtf 84 htl'j War aim iff : i* 5 «i:ti , Oeeemtier « CHS JlUMIU, Closed steady. CLOSE IN WHEAT SHOWS CENT LOSS LOCAL CROWD AND COMMIS SION HOUSES SELLERS. Liverpool Cables and Large Rus sian Shipments Largely Re sponsible for Decline. Chicago. June Weakness In Lit rahlert and Inrgi* Russian shipment* largely responsible for nn ensl.-r «• In wheat. I.4M wl crowd nnd seatterci tula*b*n houses were early seller*. - lower, corn Il"g products w pg tbt . beara In the various grain pits filled up all comers and then wild th- market down ward. There wia aome Inning orders In th# market on met report*. The rhest In “ Wheat wo* s< nnd onta He lower, a trifle. Luring th# last boar of the gent of wb itortliw ml ier# was a largw amount of v oats nn sal# on th# hard spots th#y were on sale on tbo soft i„~ la the (lay. New bulla oro needed III nL the grain marketa There were derrmset of 1.288,000 busheli In the visible supply of wheat and 9y7 t oo» In oats, while corn showed nn Increase t»i 248.000 bushels. ry wheat receipts 417.000 and r«*ra ushrls. compared with 844.000 and dlreljr n year ’ago. heat, 4&, sl.«.l w W7,'." " -:. ■■ilri’ly • yrar •.go, ('Irar.nrra for lbi> dxy 33S.i»i wh 006 cor*, .n.l 26,ou> mix CHICAGO GRAIN MARKET. Open. nigh. Low. Close. Clo WHEAT- “■R Wk fr[ l MV MR July. Hept. Dec. .. CORN- July. . 51 !»• • ‘oat'A- *** July. . 67% July. .17.66 •pBtZ* S35: :U 3 8 u a 11:3 11:3 1:S V4 VS 8.86 8,10 Oct. ..19JH 8.82H 8.80 37H 34% X.'t at 82H R.82H 8.«H ?• r. O.l'l 8.90 CHICAGO CAR LOT8. Wheat thru .. Oats ... Hugs .. LIVERPOOL GRAIN MARKET. Wheat opened H higher: 1:30 n. m., H fa lower; closcl >. to H lower. Uorn opf-ni-d % biwcit; |J0 p. iu., S to lower; dosed \ to l'« lower. THE LIVE 8TOCK MARKET. ny Private taast-d Wire. rhlcago. June 28. —lings: Market at end y r quality fair Receipts, 40.<VY>. . . w . _ over, R.*7«; estimated f«r tiunorrow, bulk. W V>iX au; light. $•'. ?r,h; miaed |«.3»4ifi57H; 1. i \ y, >•', *•". i .»i.gl>, pi; *»/•; .r, ; i.ig*, 15.4008.18; yorkers. 88.47Ht^524; K'""l to choir# henvy, $85dfM.fl). Catlle—Rocidpta, 3.000. Market at#«dr to 10c higher, tjuallly fulr; hfaviflk $3.IKqr«l.lO; rows, fl.Of74.Sfi; liclfers. 82 4<>94.80; calves. 8S80; gooil prime steers. tlMllO; poor to medium. I1W176 15; mu* k»r* nud fe-bwa, J- »« »i i «' Hlieep—Rerslpta. €2.000. Market steady; quality fair; natives nnd western, f.11^% 6.25; yenrlli.es. 16 Onff&OO; Iamb* nnd west era. f8.50CH.eQL GIBERT 4. CLAY'S DAILY COTTON LETTER. By Private l#m#I Wire. New Orleans. Juno 38.—-Liverpool waa very quiet and got out no cAble*. Option* loot from 1 to 3 polnta on the close and spot aalee amounted to 7,000 bales, Saturday's quotations being re> Apart from a little buying shortly after tho opening thla morning, the market ruled extremely quiet and fea- tiiti-lesH. Tliese pun liases vAei# ».»n- crolly attributed to some covering on fhc part <>f ;i f#w shortm who mere manifestly^dlacouroged over the long and still unbroken drought In th# southern portion of Texao. Tru#, showers and thunder storms are pr#- dlcted for the nutfirn portion of th# drought aoctlon, but the trade la umre Inclined 19 the view that heavy prerip- lf.ui''ii" and »« '' light M-nttered shorn'- era nr# needod to replenish with rnois- tuic the '• I - •! j I #*«! fields of Texas In the * .»-*•■' n t»#lf ii<> com ern Is f*-11 over till- 1 * - p 1 t"«l •htm.igc (hi.High excessive molatuie to the plant, for the past few days have hern without any prei Iplta- 1 !• ci- .Mid Ion*** \t-rv fuvnnihli#for the cleaning of grasa from the fields, a condition that has been variously re- P tried aa considerably marring an otherwise excellent atate of cultiva tion;' ' SOUTHERN EXCHANGE Oldest Established Office Month. COTTOI IIOCU - BAUDS -flWII Ground Floor Oould Building. Dally market letter and market manual infilled • -n api>'b'ritb>n L. J. ANDERSON & CO Bankers'and Brokers, COTTON, STOCKS, BRAIN Comspondiit’s Capital $250,000 SKfCaCNCC, TNC NEAL BANK SHONE MIT. PRUDENTIAL BLDG R eirjrVS. The femperatare rbsngre were anlmport- _at th# pest 24 boon. Ught rains were general ever th# talt except In Montgomery j. n. irAttnvnr, , WM. L PERL ROBT. it MADDOX. Tlee-Prec, THOfl. J. PERPLR8. Caabler. JAM. G. LVgTCtL At at Cashier. MADDOX-RUCKER BANKING CO. CAPITAL SURPLUS AND PROFITS .’ ACCOUNTS INVITED $200,000.00 $500,000.00 We invite accounts of individuals, corporations, banks nnd bankers nnd oiler the best termB consistent with conservative bnnking. In our Having* Department w# allow Interest at the Rate of 3 1>2 per o-nt. Compounded Semi-Annually. ktsr Orlttat. WARE A L E LAN D —CKS, BONDS, COTTON, GRAIN, PROVISIONS, STOi Ht. 2 Wtlt SI., Felrtt 4/faafa, C». At HUMS: gew Ferl Ceffa* IkIiih. kto Orlttti CiffM iatSttft. lltertttl Ctfltt Atterltlltt. nit tit Wl ret It Htw Vtt I, ffsw Orlttat. CbUtft Chief IttrJ tl lrt4t. Chl(*ft Slt<k tubtagr. ark Caffta lukaaga. Ml n—t f 342. f. C cor Hi At. Hat, taaat. eruoti PIEDMONT BROKERAGE CO., (Inoerporated.) Beeement Floor Piedmont Hotel. tTOCKt. BONDS. CRAIN. PSOVItlONt. INVEtTMCNTt, Feet Wire flerviee from New York, New Orleane, Chicago. CORNCaPONDENTO M. *f. OAGE A CO . 4J BSOAOWAV. NEW YORK. tow. MOTH. Maaagat Ltal aat laa§ OMtttt Ball fkttt 1301.