The Atlanta Georgian. (Atlanta, GA.) 1906-1907, June 29, 1906, Image 11

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JOSEPH B. LIVELY THE GEORGIAN’S RECORD OF MARKETS AND FINANCE ^\Mr. Llv ely-n 2f, jet ) ht edltlt ig market* I11 Atlanta nnd t j t bo H*a ■ tli bus 111* ile hi in a reo- 5 J ognlscd authority 1 u his specialty. • I FREELY ISSUED IHAT month slumped in early trading. favorable Weather Conditions Re- iponsible for Early Decline in New Crop. > Cotton for future dellvcrj- optt<d 1 to 4 ijjti piwor tlita mornlnjr, ^hlcb was not a to liottor mlvI'Ts from the English urkrt than hnd hoen ox toil. This was Sot 'to good wonther throughout the cotton tfll srblrb nffcctiol the new crop months, ■id'fears of s lireak'ln July as n result of free laausncs of Botlm on that option. f» to noon some SI,000 to €1,00(1 notices reported Isauetl, but they iv I rently taken rare of, as the prices showed ormiment after n very slight Shortly after tho opening. Theslemnnd from Lancashire spinners la *owhic a decided slump. Bales In Liverpool Sir aggregating 1,000 bales at 5 points de- S,„.. .“king middling 6.15J. Trading t“ New '«rk nud New Orleans la « s Ion- ehh, and lluetuntlogs covered s iirron' range during the morning soaslon, aaeratora generally In all speculative cen- Sn being disposed to let the market take nre of Itself pending the Issuance of the Mvernment report on Tuesday, June t It in expected to ho bullish. rihI on Its kiaa.iee a better level of Wires Is exported, nt ns It rovers the period of drouth condl- eai In Texas nud too uiueh moisture In * Atlantic state*, any advance would be .Ten ud.antnge of by the shrewd spicule- * to unload his purrlmses at previous hirer prices on the outside public, provided I takes the long end of the secoiint. In whleh ease the foutsldo public,’ If pre- tie.,. notion of the market oil government t-e.ria count for anything, will have a lot 5 cotton on their bunds for which there tin Vs* a demand at sharp concessions.. Mr. Price. In a circular today, says he links those who buy cotton tiow will not a ike a.tv mistake. “On May II, he says, •ivtnlier sold «t 10.35 and since that time as have hail lietirfsh government reports, t oeing crop accounts and the forced llqub lion of tho Now York stock by reason <>f ike Insurance situation, yet October Is RS," and asks: “What itroogorproofof ike value of cotton esn he offered nt this Mb" tllles makes the condition of cotton B.1. against ».9 last month. The everlnud movement for the week, sc- aanllng to Swretnry llcstcv. Is as follows: This week *,095, ngnlnat 6.6,0 for the same week Inst year, :,HS the year before and *'rntal' abico September 1 9-1,HU. against Inst yenr. »»,00« the year before lad 1,061.Pd In 190*. . , „ rente Into alght for the psat week B6.SB, ■ft,lust IU.543 last yenr. 39,» the yenr be- fire and ll.tfO In 1901. Come Into alght since Scptcmlwrl 10.643.- rn. ngnlnat 12.73>.4SS U.t year, 9,833,111 the year before nnd 10,516,066 In 190*. SPOT con ON MARKET. Atlanta-Steady. l'Hie/' Naw York—yulet, 10.80. New orlenns—Firm, 11c. Mrerpuol—steady, S.lOd. Auguais -Steady, lljtc. 8t. lenils—Quiet, Mile. NEWS AND GOSSIP Of the FJpecjr staple. Ws, ,r SSTgc%^rr , * rt *»'* «*"* raws „j£P5WL1!“.‘ W6M Issuod no. Jifk!. « * ,K, °t -WOO hales and Price 1S.OM. were' sStllfHi" 1 i° hare Issued settsss VSkSSS^SSS £fr>n*T% u : Sanger ft Ettelsou ancf Ellluger Bros. * , , un *. 20 —Uverpool nn- changed to i up la better than due A “ms sgpected! * polnt * on “* w cr0 P raonthi Some corering br shorts In July. Other- ™ •* festureleu, the fall months displaying no activity. .iPSJPiaSJW ‘‘Ohrinnes excellent over 1 .MS’*- generally clear and warm. South- alm. T ^2IIc£!i orU n f ht «?t<'red showers. IP® Atlantic seaboard. Jlestcm forecast Indicates fair tonight for Louisiana, north and sontbeast Trior For Aokanaaa and Territories, scattered showers and part cloudy for southeast Texts. Sat urday showers In Arkansas and Loulitnua. balance partly cloudy to fair. Market sagging under more general of fering. Private Wire to Ware A Leland. _2S^T 0, h, June 29.—The market opened weak, tha general feature being the wiling out . of J"'y. which we hare predicted dhr wreka paat. Ijirge and small Mocks dr July were thrown overboard at an average discount of 17 to 20 points under August. Spot people Imugbt the cotton. Mnrket do little better, now that this July EGULAB AT THE OPENIN LATER THE MARKET BE CAME REACTIONARY Prices Generally Were Forced a Point Under Yesterday's Final Figures. - i®w York, June 3.—The stock market opened With uncertainty In today's dealing* A good many of yesterday's buyers hnrin„ mine their commit incut* solely with n view to quick profits were in n hurry to realise What little they could at the opening. The foreign market* coming in lower Increased the difficulty of these realising sales con* sldernhly. aud ns a result stocks were of fered down rather sharply during tho first At tli** lower level, however, goo* buying reappeared nnd tho Judgment 1 speculative circles was that a better under tone had been shown than on recent trn-' with prices even. The main restraint* up- Improvement, however, were the 6 per cent mil money rate and the announcement li the secretary of the treasury that $10,<yj0,n special deposits made with the local banks !' - : 1 ■-I lm\ e to Iii* repaid mat month. 'When this new* became knr—" trading slackened and efforts to force the share list were discontinued. The stock mnrket opened with some Ir regularity shown, though some Issue? showed advances ranging from H to 14. I-.*- *- t.s.—'-^-^ral. Pennsylynnbi iowi p b; RANGE IN NEW YORK COTTON, Tha b.llowlng Is tho rings In cotton futures In New York today? Open. High. wow. »aie. yooe. uw. r. .1,1.10 10,2 10.06 10.21 10.21.2 10.1*15 ,. .10.25 19.30 10.3 10.10 10.2S-1U 10.27-26 It: .10.3 1043 10.3 10 2 M S'S :io:s m »a i‘:8 Mi ..10.36 10.16 10.36 RANGE IN NEW ORLEANS COTTON The following la the reuse 1“ cotton Ottara. In Now Orlesn.^otoy: pr#Tl#M . Opan. High. bow. Sola. Closs. Closfc tor- lira 11.® 10.78 mu YkS'tl ft • 10M 1W7 ian 3ShS " §* ** “;!! !?:* 12:3:1 S»3 i*ar. ,.io,ji 'iim io-ii ifi» JS-H’S !m« E • WK 10M •» w ;*| }S;g.1S 8£St Hah. ib:*S 10.45 io!* ».« 10.46-«9 10.*6^7 Closefl steady. LIVERPOOL COTTON MARKET. UraruooL Juna 20 —12.17, p. In.-Spot cot- ?» -lull, with prlvas vnalcr. MIjMUBC sp jaa-U. 6.106. Sales 4.000. Amarlcsn 4.*"- •lavnlntlon sn.l export 600. Receipts 14,wt, "" M : #W- opening " juiy::::::::!:» fits »•« _ aly August 6.764.76 5.76-6.77 5.7J-5.77 A«*-S. pt ,i, 5.SS 6.664.10 6.g laptih-t let.Nov. lev. -Don*. •tr. jnn. t.w »■- Keh B.55 tb.-March «... Closed steady. . • «., v * - . TODAY-8 PORT RECEIPT8. Tha following tablo ahow. ravelpts St «■• K"y«?-*y- ■ r, “ l ‘f 1 ” d T >r a.* I:::::::::: 18 v 6.64 4.60 f-JWS 18 646 6*54.66 4664.67 6.66467 W6 y* • *rieana H2 1578 Jk*t>il<* J’ krannnh jhari-Hton filwb.tfton Esrfolk ■oittou.re V-(rk tlla«l»-lt>lxljg************ Irnr«»ri.-k |*sw|».wt News... *698 1. ■* T»m ' 4 <27 Freeman * sold Mitchell 2.W0 December are still going around freelj Special reports to. the Journal of Com merce from Texas are. as a rule, favorable, the plant being strong and healthy, al though' smalt. Complaints of heat nnd drought were received, hut since the re- porta cooler weather and ralni have been beneficial. Conditions over the territories have Improved during the month. Fields are dean.' but In Indian Territory the crop Is very lata. Lesser-Ooldmnn weekly weather report: "The week baa been favorable for cottoo In all of our territory. Abundant rains have fallen since onr last report and have l»een very beneficial throughout. Some few Isolated localities report rather too much rain, having had excessive rainfall pn two days, but as the fields are clean very little harm la eXpectad from this cause. The crop la In fine ahape at this writing, al though the plant la rather small where the cool nights* which were complained of during part of June, have held back the growth somewhat. Occasional showers will be needed during July. Generally speaking, the outlook continues flattering In south east JIlAuwmri, ArkaiMa* and-northern por tion of Indian Territory." 3 INTERIOR MOVEMENT, in* U06 ■natt.-n ..... j* n ;I’(il " !/»uls .... 1891 111 ’4fi 119 917$ 432 Ml 'ft T..-.1 1717 6616 ■■ESTIMATED RECEIPT8. Urires. raiwcts ®>. to L399 bslj*. frta«t a»*tnnl last year: ffouaton, 900 tistre. .gnl.mr L7*5 srtasl Ust y«sr: rl-retow. Ill to LMA ngnluat 2.331 sctasl OIBERT A CLAY’8 DAILY COTTON LETTER New Orleans. June 29.—Options on tho close In Liverpool were unchanged and ca bles reported a more favorable opinion, gslulng ground, Indicating that any oppor tune circumstance would bring shout _____ levels. Spot sales bava fallen off of lato to very small proportions, tndny’s bunin*-*** amonntlng to only 4,000 bales at a loss of 6 point!. There waa little or nothing doing In to day’s local session, the Interest of tho trade Mag centered ia the final tUtpoiUlon of the large number of notices that were circulated on this* the first notice day. In New Y'ork. Veiy little concern seemed to be manifested, however, as It was gener ally thought thnt a large part, if not all, of the notices would be stoppeil by some of the larger spot houses, which later in the day proved to be tho ease. Rome further covering by shorts here occurred In conse- uucncp, nnd had the effect of well unln® talnlng prices throughout the day, In spite of the continued favorable weather over the belt and excellent progress made by the Cr chlcafo, June Jl.—Whe«t—The vrhest market, after holding exceeding ly dull and featureless. Anally devel oped Into a sagging affair, prices at the close shotting a loss of about a cent and a quarter from previous ses sion. Ideal weather for thrashing and Indications of a liberal movement of new wheat'In the near future, coupled with the absence of any unfavorable reports In tbs spring wheat errltofy, were the overshadowing factors. On the decllne'qulte a number of dliheart ened bull, liquidated, which. In the absence of support, greatly accelerated tbs downward movement. There I, no question but what sentiment during the past few days has undergone con. •Iderable change and that unless pre dicted annual northwest crop scars materialize!, prices will be forced lower. Corn—Scored a good advance speculative buying and on tha strength showed on oats early, but It lost Its advance later. The outlook for the growing corn was excellent, the weath er being of the Aneet sort for growth and developments. Would not advise buying for the present, except on good breaks. , , , „ Oats—Have bean tbs leaders of all the grain list today. The furnished strength on Individual account and had some left over to Impart to other grains for a lima but gave war later to the general declining tendency. Think prof its should be taken on all such bulges as ws experienced today. Provisions—Have ranged higher some of the advance bf.ng taken off by the grain weakness. Early demand Was from shorts. Western run of hogs light. Meat and lard shipments ahead of last year's and local receipts of hogs this weak 40,000 below expectations. THE LIVE STOCK MARKET. The latter In lUlnoia < ned up IsoaltvfL. _ Baltimore nn«l Ohio down %; Erie up %, and Copper down Vi- After the opening trading the market be came reactionary with price* generally un der yesterday's eloae. The Impnloe which waa In evidence yea terday has not made Ita appearance m fitt today. The reason of the •i.--r.-ii«c.| strength la that room traders comparing notea be lieve that the modt urgent buying on tha late rally waa due to covering of aborts nnd not to any accumulation of stock* for long account. The sentiment of the room nnd the afreet la almost wholly bearish. The high rate for call money this morning depressed prices, but on tho low levels business slackened also nnd at times the market was extremely dull. Governments unchanged. Other bonds quiet. STOCK 8ALES. il a. m.. 1) noon .. 1 p. ra.. ..109,700 shares ..WI.OOO shares ..490.300 shares ..674.20^ shares ..977,900 shares rsttts—Barinvit-d’recrtpts. LM,. Msrt.t * *■ ALABAMA ST. OIBERT & CLAY ITOCKI. BONOS. COTTON. OR AIM. corret. paoviatONi ATLANTA. 04. NEWS, SUCH AS IT WAS, HAD A. BEARISH TINGE New York, June 29.—The 8nn says: "The new*, such as It was. had In the main n bearish tinge, and prices gave way. IJver pool was disappointing, the weather wm better, July suddenly declined In New Or Jeans and there was eoeaMereMe long sell Ing of July here. Moreover Liverpool did a good deal of selling of Or toiler here, nnd a certain amount of short selling by room traders wa* plainly for the narpaf dislodging Jong bold era of July, Ir other month*. On tho sitbey hand, the _ Orleans nnd Houston estimates for today are small, and the news from the bl, manufacturing center* of New England o late hao Indicated clearly enough tho nr, — oua condition or affairs. Uptowi house* report large snle* of col ton goods of one kind nr another by their agents In the West. The greatest trouble with speculation, however, la that there Is so little of It. Professionals are dying nine tenths of It. nnd they ore not doing mneh. The South sold October nnd De cember. The South is short and local op erators Incline to thnt aide of the market owing to the generally favorable «»u‘' for the erop. Bat a favorable outlook does not mean tho same state of affairs during Jnly and Augunt. Usually there Is a crop aenre of some sort, sometime* of a rather sensational kind, during one or both of those months, and with It n b n ar slain pede and n sham rally In prices. Tots cot ton hlstorv nfrorda numerous examples. The manner In which the market rake* the July notices today and tho nature of the July report nett Tuesday may have much to do with the Immedlato future of prlceo.”—Glbert ft Clay. • New Orleane, June 29.—Tb# Time* Demo crat oaya: "The absence of further nggres •Ion on the part of the July manipulators, good crop weather over the belt, a less active spot demand, reduced purchasing K wer of European money and the Inherent ir both factlona feel for tbf coming bu ret a condition report restricted trading ma terially •»<!«*? «*•! operators plenty of time In which to ponder over the threat of the Louisians legfolatnre to tax trading In fafurea at New Orleans out of existence. For the moment the talent cannot see much Inducement on either side of the account. The government's crop report checks selling. Current excellent crop ad vices check buying and there you are. A bit of scalpUg ana some ahlftlng about for position therefor constitute the market, though there Is no denying that the trade as a whole It beginning to djecover addi tional logic In some of the bearish new crop argument*. However, whatever price tendency may exist. It Is not of sufficient Importance Just now to shape the action of many men. Meanwhile the market Is drifting back and forth with a Kf/itle tide."—Ware ft Leland. WARE & LELAND’S DAILY 8T0CK LETTER New York, June 29.-DeveU»pmenta this morning presented more favorable than nd vara* features, bat the stock market, after temporary strength seemed to meet stock, sad the room element, pounding it. found stop orders. *nd managed to force further liquidation, which, of course, must run Ita way. The buying Is as near as wo can learn. Improvise on tho way down, and we do not believe In following .down m «*• short aide soch eteebe as # ITjdon rndfle. Atchison, *meltlag. etr. — Issues that ex When f r*eoverlng fnr * tom; hat not when WLwSaJI VBt'i.TkSSn&ftJ^ gsfflaMraffgpwg ^go Beard of Trade, •ri-ool Cotton A*aortat MCHaeasi '2 Jo-k Stock Eirhange'New Orleans 5 V3K ISSSP&; » - -*5' - t.«, Lsna Di.Unci'T.V.ph^MaJ Vli R. FACAN, Mtnsa.f. July September ... October .... rcss’«::::::::::::::: AnSwt k-lMl B?**'. SilM 3M A il fruit •« W*n« A»t«sl«»v 16% SBd IM OHoUS St 3*>4. CtosrU (trad,. BIO YIELD OF OATS ON CAROLINA FARM. Upwrisl t. TW li-Txian. NewbMTy. 8. C, June 19.—If not h*retofor» knosrn, the fact that co'.ton I. not the only profitable crop In New berry Manly ban l»c*-r. proven by Ed na R. Hlpn of thlr ' RANGE OF NEW YORK STOCK MARKET Atlantic i't»a»t Lit Sugar Hvflulng American Idocomotlve !!!!!!!< do preferred... Amerlcun Smelting Refining........ do preferred.... Atchison do preferred American Cotton Oil Hnltlnture and Ohio.... Jirooklyn Rapid Transit............ t'atiadlan Pacific Chicago and Northwestern... < Chesapeake and Ohio Colorado Fuel and Iron..... Central leather do preferred......... • Chicago and Great Western.. Chicago. .Milwaukee nnd Mf. Paul... Delaware and Hudson.... • Distiller'* .Securities Eric do preferred...... General Rlectrlc Illlnola Central American Ice Securities IxOulHVlUe and Nashville Mexican Central Missouri Pacific • New York. Ontario nnd Western National Lead .* * Northern Pacific. New York Central Norfolk nnd Western....4........ Pennsylvania People'* Gas.. Pressed Steel Cnr do. preferred ,1 Pacific Mali.,, Rending Republic Steel Rock Island..... do. preferred United mates Rubber - do preferred. ,4....... Southern Pacific................. Southern Railway do. preferreu. Sins* Sheffield Tennessfe Coni nnd Iron Texas and Pacific Union pacific United States Steel do. preferred Virginia enroll mi Chemical do. preferred.*,............«.................. Western Union..., Wabash ..A do. preferred High'Low.[Close «U4| 96H1 SH* 13S m I L*V> 1104 i»s u» 712 ZX> _*» I 6&v «»; 115*1 11441 114*i ©4 WS! *>4 135 | 13'-4 l:".»4 l^ 1 * 23S 24-'*, (j7' 4 112 113 142 1(34 1144 11(4 H*4|‘ 100 1024 294 » 11« 117% «4| mi 160% 159 159% 159% 16-t 197 197 197 196 19SV4 M%I 56% 54% 4S4 45 46% 4541 474 ><4; :ti',4 .164 36% 101 101 1101 1014 1*%! 164 16% 16 4 17'*% 1714 171 | 174*1 100 100 100 100 —~ i} ii NOTES ON GRAIN Pointers on Provisions. Private Wire to Ware ft Leland Chicago, Juno 29.~-Knlns In the Northwest will contlnuo to cause a nervous fedllng In wheat. On weak spots would take 011 WEATHER IDEAL nigh' fun Selling light aud In Covering by shorts the principal buying for Investment, ay of profit tnklng. TIPS FLASHED From Wall Street Private Wire to Ware ft Leland. Savr York, June 29.—London dull at % to % off. It looks llko n favorable bank statement tomorrow* and nn reasons to believe that call money will bo atrlngent except tern- porartlr. Hentlmcnt not near no boarinb. although there Is a big abort Interest In Atchison. Southern Parlflc, St. Paul, nlon Pacific and Norfolk net well, and we woufd buy them on recessions, while we think Nte.-I* nnd l\mpciH <1111 he taken «-li whenever Jammed down. Jones A American Stocks In London dull St 4 to % per cent below parity, Gonernl market Jn London ato&dy and featureless, with money for end of half yenr easier than had been expected. 9 No serious tightening of money for dlri (lend disbursements here anticipated. Congress expected to ndjourn on Monday nt noon, bat may end sooner. United States Steel officials say record breaking output of structural steel this year Is ooir assured. Csr and Foundry surplus after preferred dividend for fiscal year 4.63 per cent on common. reported engagements Twelve Industrials advanced .99 per cent Twenty active railroads advanced 1.04 per Private Wire to Glbert ft Clay. New York. Juno 39.-Dantel Odell ft Co.: extension of the rally until liquidation 1* day. We anticipate thnt some stock will tie met, say frorn 4) to SO points above th»* low ta*el of yesterday morning, and ns the market has recovered after good acceptance until next week, when th* financial sky will Marshall. Rpader ft Co.: The tarn In tho market yesterday wna definite enough under ordinary rlrrumsfaners to attract further support, nnd at yesterday's low levels many attractive opportunities presented them- ble under tho same cnndltlona. PRICE CURRENT CROP REPORT. Cincinnati, June 29.—Harvesting of winter wheat has commenced In earnest and In the southerly portions <>f the winter when! much of It la In shock, and while there lias been some rainfall during the week har vesting has not been Interfered with to an Important extent, nnd In most of the sec tions when® curtlng was In pregreis there was no complaint of unfavorable weather. Tha corn cron continues In good condition, considering the season nnd early draw backs attending It—Glbert ft Clay. THE METAL MARKET. Br Privets Leased Wire. New York, Juno 29.—Hr»ot and near-by de liveries for tin were off a email fraction. Other morals were unchanged WARE ft LELAND'8* DAILY COFFEE LETTER. Nsw York, June 29.—Tha market opened steady and unchniig«*d to an advance of & points. In the early afternoon It was on* Inter-Ocenn: New wheat sale* made to Chicago from .Missouri nnd SMtt Illinois yesterday aggregated 80,010 bushel*. They were mainly for first linlf July shipment. "I traveled over 4,ooo miles In the past thro# weeks over Illinois nnd Iowa and the Northwest." said Hoyt, the traveling man who covers tho grain holt. "In nil my experience 1 never saw corn'so clean ami looking so good as this yenr. It haa a good stand and a healthy color. In I Northwest It has tho premise of a large crop with favorable condltlonn. Oats will be about an average crop." There will bo only one holiday at Fourth of July. As It coatee on Weilneaday, It will be difficult for the Chicago board to Journ more than one day. "Hot weather Just now means light weight oats, whether It Is wet or dry," Mid Daniel Wright. "Oats are Just now In the milk ami the berry filling. Hot weather dries this up, f«ircce early maturity makes a light berry." 600,000 bushels. Swift was n lai lard nnd pork on rail). Clear weather prevailed over the Houlh west, permitting cutting, threshing aml marketing of wheat. Arentnncr* were larger ami are expected to increase from Prlrato Wire to Glbert ft Clay. Chicago, June 29.— Ilrcord Herald: Joint compilation by It. V.* Jones nnd John luglls crop experts, of uu estimate of tha ulute crop put the total at 420.000.000 hushejs. Thl was practlpnlly the same ns liullrntcd by the giivcrnimuit percentage*, furiilshcd on June 11, when the Indicated yield of winter wheat wna 41f,6QQ,o90 bushels. The report was given a honrleh construction, although (I#*** given out by the same nutliort • Hi \ 6-n r lit tlilH 111.16 * JH.IOV"" bush • 1m wm* 11 poor oin*. fulling n* irU 7.1.6■*>,.*h 1 bushela behind tho final official figure*. Ln*t yenr a government figure*, ns well nn fr- iner ones, howarer, ore rnllod In que*tl "There la nn unsettled freight situation nt Council Rluff*, nnd It would not take much further reduction In rate* to enable don! the In Nebraska for corn." anhl C \V. Until 11 "Tills might Mlmt some corn tld* »n». As to wheat, the market la n nervous nnd sen sitive weather nffalr. but It will need dam age t<i the spring wheat cron to xtli up —excitement. Nobody experts now wheat ove In June, hut there Is every Indica tion that the winter Wheat movement will br fully on by the middle of nett month; deucy of tho market aeeined !<* bo duo to a slight Improvement In Investment having, which Is largely for tho account of wall riaons were not available owing to the holiday last year. Tbf«two porta bad 20,(VYi hags, against 24,900 reported on the previous day. Jon- dtob/ receipts were 1 1 hsgs. against ]*>.- at Rio were 3,000 bogs and there will . _ Brazilian cable* tomorrow, as the markets are closed today. Deliveries at all porta yesterday wort 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. SHOE STORE'ROBBED, TWO NEGROES HELD Tho atoro of tho Ward Shoo Com pany,’ 101 Peachtroo street, was burg larised Thursday night and several pair* of ahoea stolen. About midnight, Policemen Felder and Davla, while trying doors In Ivy atreet, arrested two negroes, who are suspected of being the burglars. At the time of tho arrests, howover, the officers were not awnro of the burglary. They noticed the negroes were carrying shoes and suspected they had stolen them. Felder caught one of the negroes, without difficulty, but the other ran. As he dbl so, Felder gave chase and shot at him. The of ficer soon overtook the fugitive and both negroes were locked in the police •tat Ion. ARGENTINE SHIPMENTS ARE LAROER THAN EXPECTED Receipts Liberal in Northwest Re sulted in Easier Opening in the Market. By Private Loosed Wire. Chicago, June 29.—Favorable weath er throughout the winter wheat belt for harvesting, larger Argentine ship ments than expected nnd continued heavy receipts In the northwest caused an easier opening In wheat. The bulla In wheat took to the fAll timber late In the day, showing net losses for the session of IOI 3-4c. July •old at a discount under the Heptem- ber, bearing out the claims made In these dispatches Thursday. There waa nothing In the news to encourage the " Ii” it I-.I1K .111(1 Ii*- M .!. 1 fr#*6*|\ Mad »»• »t J"hn H u rt nn bought n world "f July wheat In order to cover short contracts and take profits, it would have readied fIre h"c level without a doubt. Com closed l-803-8c better. Oats were up l-4(ff3-8c and provls- ns were unsettled. Primary wheat receipts 299.000 and com /1 compared wllh 292,000 nnd «j(i f i»nu t respectively, n year ago. Clearances were 26,4rt.'i bands flour, bill mu \s bent, 213,01)0 bushels corn and 4-'." bushel* **ats CHICAGO GRAIN MARKET. July. . 83% Sept. . a Dee. .. 84 COHN— July. . 624 Kept. ^ 62% 49!i OATH— July. . 39U Kept. . 88% X>4 MV* ye*. Dec. PORK— Juhr. .17.12% 17.28 17.00 17.00 17.12% "<®t. .16.*5 16.S74 ]«.6<> 16 70 16 hi) LARD- July. . 8.80 8.824 8.75 8 75 8.75 Kept, . 8 974 U O24 8 9.’4 8 0:4 8 924 Orf. .. 8.95 9.024 9.96 s yf» 8.924 HIDK8— July. . 9.324 9.45 9.40 9 40 9.334 Hept. . 9.324 9.40 :*30 9 30 9.26 Oct. .. 9.10 9.15 9.06 9.074 9.0§ C’sah Wheat—No. 3 red, 87: No. 3 red. H3« Mt; No 2 hard whiter. kl4©*44; No. 3 hard winter, 7hcqs:; No. l northern unrlnf. W-fl-Sd; No. 2 northern spring, 8:t'ff86; No. 3 aprTnf, 90O8E NORTHWEST CARS. Following table sires the northwest cart of grain today, Inst week and last year: Minneapolis Today. Week. Ye PRIMARY MOVEMENT. The following figures tiioiemenl "f w best nnd \\ heat—Reeaiptf 2W.no 1 •» tho primary itiihel*. ngnlnat 120,000 bushel^ CHICAGO CAR LOTS. Today. To Freak Hawklna, President. Thomas C. Erwin, Asst. Cashier. R. W. layers. Asst. Cashier. Third National Bank Capital Surplus $2 OO.OOO.OO. $300,000.00. DlRECTOR8s j. ir. Nunnslly. Frank Hawkfns. J. <’arroll Psynv. 11. M Atklnsoo. V. R Roarer. Joseph A. McCord. David Woodward. OldUnow Back for Theater Ordinance. William Oldknow. after a business trip through Ohio, where he visited the larger cities, hits returned to Atlanta. Monday Councilman Oldknow will try to complete the remaining business In connectfon with hln theater ordinance, I If successful will leave In the even ing for a summer vacation. Back from Macon. If. flrandon. If. M. Patterson, C. It. Swift, and Harry O. Poole, return ed from Macon Thuraday night, where they had boon attending the fifth nn- nual meeting of tho Georgia funeral director* and umbo take 1 * Tb* -, r*- port an excellent meeting, and the fact that the convention will meet In At lanta next year. Harry O. Poole rep resents Atlanta on the roll of officer*, having been elected vlca president, ul the recant meeting. LIVERPOOL GRAIN MARKET. Wheat opened unc to *4 lower: rtfred . Porn •**•«! % fol lower; closed % to V Held Undar Heavy Bonds. Paul Green, the negro who caught with plunder which M charged to have stolen from hom« t'apltol avenue and vicinity, durlnj past few weeks, wan held under | bonds for the higher courts at a 111111m(i 1 •, i • .it Ing given him In thi coider's court Thuraday afternoon I'nlied Brutes In now ; 1.606.1*7 last year. New York. June 29.—Follow ing t and closing quotations for coffeo delivery today la Naw York: Opening. jHii'.n rr.f .* *. .. «• ,. o.rm-o.Nu faetmry.. .. .. „ .. .. A90A90 March.. U|-7.0I> April 7.69-7. W ::» r.:::::: IS July .. M84.S August.. ,, ,# 6.356.15 September.. .. ,, .. „ BL«& October.. .. M6 Nsvenbsr.. ,, ., ,, „„ UMN December .» .. 8.794.75 Close. 6884.fi 6MA89 7.08-7.88 I 11 11 7.19-7.88 SS 6894.98 SOUTHERN^ EXCHANGE Oldest Kstabllahed Office South. co non stocks - wiw—mu Ground Flour Gould nullding. Dally mnrket letter and market manual mailed on application L. J. ANDERSON A CO Bankers and Brokers, COTTON, STOCKS, BRAIN CorrnpMhirs Cipttil 1250,000 NCrgRtMCg. THf NCAA. SANK WHOM* MIT. PgUOCNTIAL SLOG _ tw Hipp of grain. nty-t ' Jus of sev nty m. K PBBU Preoldsaf. ROBT. F. MADDOX. Vies Prea. TIIOS. J. PBF.PLK8, Cashier. JAB, a LK8TKB, AiTt Cashier. MADD0X-RUCKER BANKING CO. $200,000.06 $500,000.'(-» CAPITAL SURPLUS AND PROFITS . . ACCOUNTS INVITCO We invite nccounts of indiviriimlri, rorporntioiiH. banks ami bankers and offer the ljcst terinn concintent with oonservatlre banking. Impartm**n( we allow* Interest nt the Hats of 3 1-2 per unded Seinl-/ ally. WARE A LELAND * IN, PROVISIONS, STOCKS, BONDS, COTTON, GRAI He. 2 Well SI., deleft leilibg, Attuts, 6 Chittfo Betrf el Title. Chlttgt Slack b(kiif(. Ttrk Cette« heke»f*. PIEDMONT BROKERAGE CO., (Ineorporatod.) Basement Floor Plodmeat Hotol. STOCKS, SONUS. CRAIN. MOVISIONS. INVCSTMKNTS, Fast Wiro Borvieo from Now York, Now Orloono, Chisago. CORRXSeONOKNTS M. J- SACK A CO , 4J MOAOWAT. NIW VOSM. ffV. MOTH tscsl »»4 Letj Dlifeeee Bell Pheee fjtf.