The Atlanta Georgian. (Atlanta, GA.) 1906-1907, July 03, 1906, Image 11

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■ THE JULY OPTION IS BEING WATCHED HEW ORLEANS BULLS HAVE IT WELL IN HAND. New Crops Lower on Reports of Improvement in Grow ing Crops. Interest In the cotton mnrket today was center**] In the July option In New Or- "ffira n dnneerous option to trade. In- •»mu<*h ns the custoinrtry margin mil ho wIihmI out In a few minutes ou either aldo of the account. It Is a position to bo manipulated either up or down to suit the bulls, hence brokers .there are refusing to accent business uulosa receiving or dellv- •rim; the actual cotton la contemplated. A margin of »4 per bale la required. The new crop month* in that market ahow n declining tendency, due to rejmrts of general Improvement In the. growing *Thi» Times-Democrat published Its report on the progress of the cotton cron during the mouth of June this morning. The con sensus of opinion Is to the following ef- distinct Improvement has lieen the rule -though Georgia and certain sections of the i’nrollnts complnln of damage from txccsslve mins. Taking the belt as n whole, there has been practically no abau donmeiit of acreage. The cultivation has been good, though labor is scarce In most district*. The boll weevil Is reported from aome parishes In Louisiana, but the peat seems to be less menacing than usual in Texas. lit New York, the trade Is apparently expecting the government report, to lie Issued tomorrow, to give them n cue ns to the course of prices In the immediate fu ture. hence trade Is dull, with the tendency toward n lower level. Midday price* showed n slight decline ns compared with Saturday's final figures throughout the ‘*The New York Commercial, In Its review of the cotton market, on Saturday, snya: “There was a decided change of sent! meat during the late trading, and there are many who now believe that October Is so badly oversold that there will be no escape for the shorts In that mouth, no matter If It should be ft 13,000,000-bate crop. The south ami the rings are short, and against their shorts is ft long interest representing sales to mills which can not be dislodged. The general sentiment niter the close yesterday seemed to be that n government report In the least bullish might breed a runaway market.” By Private Leased Wire. New York. July 2.—In the cotton market further good covering by shorts offset the weakness of cables and caused the market to open steady. There was n disposition to even up for the government report due tomorrow. This Influence checked uew business, and made It difficult for the bulls to follow up their advantage. After selling down to 10.23 for Oc tober and 10.28 for December in the late forenoon, the market rallied a few points after midday. The recovery wan short lived, howeved, and under room liquidation and short selling by wire houses, prices again weakened and at l o'clock showed a net decline of 6 to 8 points. SPOT COT1 ON MARKET. NEWS AND GOSSIP Of the Fleecy Staple. New York—Quiet. 10.80. New Orleans—Quiet. l*ftc. Liverpool—Quiet, 6.10d. Augusta—Steady, UHc. St. Louis—Quiet, lOKc. Savannah—Quiet, 10%c. LIVERPOOL COTTON MARKET. Liverpool. July 2, 13:15 p. m.—Cotton, spot quiet, with prices easier. Middling ur lands 6.10; nates 8,000; Amerlenn 7,601, speculation and export 500; receipts 900; alt American. Futures o|u>ncd steady, opening Previous J Range. Cloae. CIo«m. uly &.« 5.W Ml uly-August. . . .5.77 6.76-5.77 5.83 August-Sept. . . .5.70-5.60 6.00 5.77 Hept. October. . . .5.61-5.60 6.61 6.60 Oct. Nuvember, . .6.56 6.56 5.60 Nor.-December. . ..5.55-5.66 6.54 5.54 Lee. January 5.6<W.55 6.54 6.54 Jn nun re-Feb 5.56 6.66 5.65 February.March. ..6.58 5.56-6.57 5.57 March April 5.60-5.60 5.58 6.58 Closed very steady. TODAY’S PORT RECEIPT8. The following table shows receipts at tha ports today, compared with tbo same day last year: Mobile Savannah ... JTwrieston .. Wilmington 3 JS interior movement. Houston Augusta Memphis ; Louis ClOrlniwtl Total WARE a. LE LAND'S DAILY COTTON LETTER •2^22??* Aft The roHon market lo . :.' r ln - lf '. lul ! today. TUe talent , SJ "*l , l«* attitude. n» tomorrow I, l.ui W *'rer a holiday. Tbo ... Diurr,„L' T trod- In irnrral over to- i T I. "ffirt °°. roudlllou wo, lutrnol- I.! T rl “‘-* l'riiiocnit report on tb* ’ , ' n * " lore l^artab than eiorctod ' IO I-' 1 " 1 to a report by tbo nc I "' ,, 1 " 1 "'V' 11 "™. o» Iwtwron St and *7 *' .. I ,le TlniM-lioinoorat report »ll«liiljr K.wor opruln,. Imt affor b,.t ?ad until 1 orl-K-k the market tondono, at all. The i'lrayno* ItikJ LT 11 . report. wore alao 1/r.rl.h, ami h.ar. bad not boon abort aoma a, T/ ..— j! 11 * would haro boon In nrdrr. u. L'Sjf* report tomorrow will haro to lioariah to ranao a matortal Sratiii? •” *o*a of abort* ”■'? •ratrUrenL,* 9 breflta on eron n niml- * ‘*^»»uHt|i»tt la now apt to go too Private Wire to Qitiert & Clay. New York. July 3.—Liverpool at 12:30 d. higher* * hl * h|,r ' ' Va « expected to be*3 lw\nir *•—The July squeeze ndirntiM 0 wM Th Liverpool Ignores the Advance which was due. The advauce of fesa ,“‘«P la.rerT fnvnrablr. ahtnrln, f^Ufod BjM In the Holt*, otborwhi the belt la dry hut generally cloudy. ondertonok ninrkrt SjWtt, rmn'n Fui^mproremenL llowevt '' ; ' '■ flfj.f down to tradios with apoi handlers. Hulls claim enn put this option Mmhmm »»«*Jf manipulation *for any SnJoS jdoned speculative longs will be In pJ'SSl • henc * WB w,nt «* Private Wire to Ware & Leland. *®fk, July 2.—-Cottou opened steadier “MS** 1 ! »no“kb there wna aome Wall Sreifi!. 'Si 11 ”* r!" 1 ” 1 on . l ,oor '■"''lea and far- report Trade light and largely of professional character. 'J/Wajcnble,: “Market .tendy; bull neaa limited pending bureau report." Orleans, July 1—Liverpool Is nbout ns expected up to 2 p. nt. The TTmea- 1 hp D ra. J £ n< L r f por f K° n aw tho tnrtlthm Of hp * rl * b ,h *» exrH*et«l and EgSrSd"Jg 1 " " Ur " U repor{ ,1,nu ,,n, SHORTS THE BOOSTERS; LONGS DEPRESSORS "fleana 7ulj- 2—Ttme.-Democrat: Short, were the Imoatera and lonna the - If'..h 1 . 1 ' WT PnalHon w,a the hinge ou re HM„ < Lli f! , , ’ r ' mf .v" n<1 T ' r J’ UttTe at- * lr '? , ,h ® inorement, the wenther or the nplnlona emanating from New lork. Beyond the trend of*enrrent *’*“!$• < >• altnatlon nprwnra to In; rea- Nonnhlr Clear. Inyanee It 1> .|ulte generally recoitulted that July atrlngency la eicrllnsr r 'V * K ’I en "“l Induence na n aua- f*rt®r »* new crop option.. Local ly, straddlers for tho moat part are car- rylnir the aiwt month abort 'tntereat, and diagnat with their hnnraln hna turned them allluto anxloua aeekera for corer. But the few men who control the attention have no Intention. If they can help It. of per- «?•">>««, "ae ao rapid that outalde rot- ton will he poured Into New Orlennn for wl'ih™,r P .nK?.'7.' .k T, ! <! Bren 0 " 1 "'’", while ulihoot merit In.the hroader aenae, nerer- theleaa cnrrlea with It practical ponalblllttca , r * n 1 nut be overlooke<l. hence the ten alon lately In crldencc."—Ware & Leland. QIBERT & CLAY’S DAILY COTTON LETTER. By Private Leaned Wire. New Orleans. July 2.—The Liverpool market was excedlngly quiet, options showing on the close no change from Saturdays llnal prices. Spot cotton, however, was more In demand, sales today aggregating 8.000 bales at a de cline of 4- points. The market's under tone was fairly steady early In the day. but weakened somewhat later on'free offerings, and from the fact that the July liquidation was much less of a factor In Importing any undue strength. The near approach of the government's July report, namely, tomorrow, Is prob ably responsible for the Inactivity in the market, traders apparently being unwitting to further commit them selves, although It Is generally admit ted that very little, If any, change Is looksd for from the previous month's condition figures. However, it would not be surprising tot see an Improve' ment, as Indicated by The Tlmes-Deni' ocrat report published today. The weather In the main continues excel lent and since the breaking of the drought, moisture appears to have been very evenly distributed. The majority of complaints have been momentary, and hence easily remedied with the single exception of the scarcity of ht bor, which In reality has assumed SC' rlous proportions In several sections of the belt. New York. July 2.—The trade demand for cotton nt homo nnd abroad, and the con tinued autlafnotory development of the new crop keeps the market In “atntu quo." AT BETTER PRICES DUE LARGELY TO COVERING OP SHORTS. Feeling General That Declines Last Week Had Run Too Rapidly. rnornlng’H trailing went throi of erratic fluctuations ami n ... ilair were left with little change from the Sntunln.T'* closing. London sent over high* luotatlons, ami following this the I< Jlst started off with aome rather 001 ■Idernble gains. Then, trader n renewal « liquidation and short sellluf, the advanm were quickly lost, the I’eunsylvaula and evl* aeni. nowever, mar me mamet *“ quality of resistance which, during greater port of last week, was wholly ab sent. Price* when forced downward se< ed to be yielding to bearish operntl muck more than to actual liquidation, t n consequence, whenever there was any * ~“ ■ t all In opwtpogi Hi rallied very easily. Although there were no important di* velopment* over Sunday, the stock market opened Ann at general advances. The Im provement was largely due to the covering of shorts, but there wa* a more general feeling that the declines last week bad run too rapidly and that a rally, at least, was due. Steel stocks fractionally higher, Col orado Fuel la up 2?4. Amalgamated ad vanced 1 point. Smelting scored ft frac tional advance. After the opening trading, the market was heavy and price* showed •cessions from the ton. The tone of the market In the early part of the nrat hour was decidedly strong, but prices declined after the first fifteen min utes, then the mnrket rallied, and. In some cases, more than recovered the early loss. In nearly all stocks traded In the quotations nt the end of the first hour were materially above tho closing figures on Saturday. The widest movement* were in the Bln stock*. Tennessee Coal was nn exception to the general strength; nnd although it made a t ain of 1 point nt the opening. It quickly ropnrd 6 point*, and did not share In the latter rallies. ... - „ Government 3a coupon declined He. Other bonds lower. STOCKS REVIEWED BY NEW YORK SUN __ 1/ For the demaml for spot cotton there 'ap pear* to be a supply, and much cotton that hna been held In the Interior I* finding s market In small quantities, which about off sets the demand r for uew England and for export. It now looks a* though the bureau of tomorrow will show no material change. It should In reality show some Improve ment. There has been very alight deterira tlon In Texas, notwithstanding the howl that local speculator* have *et njg In the Carolina* nnd Georgia there has been a □ “ibt Improvement, and a material one In sslssipnl and Louisiana which offsets the deterioration In Texas and Alabama. The crop Is generally clean and the rains of last week have everywhere been beneficial. In the local speculative altnatlon the only prominent feature Is the effort of the bull Interest to make the public bellcvo that ** ** In n precarious condition, honing o establish a basis on which n j Interest might he liquidated, but the cotton world will not be fooled, nuc! whether the Interest shall be liquidated successfully or not depends on the weather during Jnly nnd August. Meanwhile new crop positions do not decline in price nnd apparently nre not likely to until new cot ton la available, nnd It Is Iwrely possible that competition for the early receipts of the new cotton might cause a temporary ndvnneo later on, but It I* extremely doubt ful, that December snd Jnnnnry will be materially nffeeted.—C. I). Freeman k Co. PIEDMONT BROKERAGE DAILY MARKET LETTER. By Private Leased Wire. New York. July 2.—Cotton—Dull ness and steadiness In the cotton mar ket this morning. Liverpool cables were lower than expected and our opening unchanged from Saturday** closing. Weakness developed on the new crop options on reports of favor able weather conditions, and expecta tion that the government report, which comes out tomorrow, will show the condition fully maintained. We hardly expect much activity in tlie market at present, as the public Interest Is small est for a number of months, and only expect a trading .market for the pres ent. high for the trade 3 _ rains that relieved the drought west csine shortly after the 26th of Juee. which la the date to which the report, la carried and for this reason a report of bo- tween 86 and 87 would be very Pariah, as It would point to a condition of at least 89 for tbo period Immediately after the rains. GIBERT & CLAY '• *■ ALABAMA I STOCKS, BONDS. COTTON. CRAIN. COFFEE. PROVISION* ATLANTA. OA. [Galveston Cotton Uxrkaaga Private Wires to all Exchanges Lena Distance Telephone 5/*)8. VV. R. FAGAN. Mananar. Now York, Jnly. 2.—The Sun aaya: "At the opening of last weak stocks Were, al most wholly of a professional character, but there was continued evidence of the operations of speculators for the decline who were endeavoring to press prices and to counsel liquidation by pools on which the advance In th> rntos of tlmo money Im posed n considerable burden. Jlil* party called to .Its aid-a greet, variety-at sensa tlonal rumors ns to the alleged purpose ol tho administration in regard to the im vestlgatlon of corporat|nn«, railroad nnd Industrial, and the criminal prosecution of officials who might 1h» held responsible for any violations or evasions of the law. The inference at which the street ws* ex pected to arrive was. of course, that In dustrial prosperity was on the wane ami as simultaneous pressure wss brought to ln*ar upon a number of prominent industrial sauea, a large part of tne trading cotumun ty arrived at tne conclusion thnt tho turn Ing point had come In the market and that the general tendency of prices would here after be downward. Another matter which was worked to its fullest extent ns nn n verse factor was the announcement Hint RANGE OF NEW YORK STOCK MARKE1 Open)High]Low.[Close Bid. (Close tod ^Copper Sugar Refining.! American Sug, Aniuomlii — American Locomot! pivferred.... do preferred ivrlonn Smelting Refining 142ft do preferred 116 Brooklyn Rapid Transit Cniuidlnn Pacific ,'hlcngo and Northwestern 'hoMipenke nnd Ohio 'olnriido Fuel nnd Iron...,,,..,,,,,,,.,,.,,,. 'entr.nl Lent her tlo preferred ’hlengo itud Groat Western hlcngo, Mllwnukoo and 8t. Paul Doinwnro nnd Hudson. Distiller's Securities o preferred illlllllllir!!!!!!!!!!!!!!!!!!!.’! •rnl Iilootrle Illinois Central American Ice Securities,. LoiiIhvIIIc nnd Nashville Iran Central our! Pacific York. Ontario nnd Western Nn rThorn 1 .’-Ttir'" """ I" ^ ^ Now York Central Norfolk snd Western. Pennsylvania Crossed stoei car.!!!!!!!!J!!!!**!!!!**'********!!!!!!!!! Pacific ffsll "I" Reading Republic Stool Rock Ifdnnd ,,,., do. preferred United Staton Rubber,,,,,,,,,, do preferred Southern Pacific Southern Railway do. preferred Sloss-Sheffleld Tennessee Coal and Iron Texas nnd Pacific Union Pacific United States Steel... dq. preferred Vlrglnla-Carollnn Chemical do. preferred Western Union Wabash : do. preferred NOTES ON GRAIN Pointers on Provisions. Private Wire to Oibert * Clay. Chicago, July 2.—I believe there will enough pressure on July wheat to carry t mnrket lower. There Is good ovldence that cash wheat offerings arc free. Oats opened higher, but turned >n heavy selling by Cudahy brokers, mission houses bad buylug orders n ks. Trade here deliveries . ^ \ ackers have bt... Ilx to Sept.Mil!., ’.Sl im a RANGE OF THE COTTON MARKET Corn won't ho to the local eieratL. slow. Logan offering May. Kldson Just sold September I Good deliveries of wheat are expected on July contracts. There will bo also some nnd possibly a little oat*. Light * .provisions oro expected, na active In changing from -"V,-, - r i»«-,w4r. although there i be fair deliveries or abort ribs, which b« taken care of by Armour. Tho Record He raid: “With price* above vcl, wltn liberal deliveries of 1 July contracts Imminent, and ivith a large and — -Top Immediately I,,-..-.,—, .* — lor that tho speculator waa disinclined to lake up the burden that homo niUlefs nnd foreign consumers refused to bear. Bnr , an nocldent 1° t* 10 spring wheat ilcli will, of course, put a new fare o) entire situation, It Is up to the fnrmi Imld his wheat, or see it drift to a price level at* which tho foreign buyer Is will- lug.to tnko a very considerable ounutity of It. it Is fortunate that this level ‘ not nt the moment very fnr nwny ns the English raarkoto, but the continental area, with the exception of France, show ing extreme indifference nnd aro a long way out of line with Amerl«*n. "Corn has made a go«Hl showing during the last week. Tho price has hold re markably well, In view of the splendid crop promise, the heavy receipts and tho ab sence of any material distributive demand through tho east. Tho strength la ex plained because of the heavy shipments made to fill former aalcs, ana because of ths existence of a large speculative abort Interest lu July delivery. "Quite a strong bullish sentiinont la run nlng In the oata trade. The belief Is' wldo spread that the crop will turn ont light in - “ portion of the are* a totnl yield materially." Private Wire to Ware A Inland. Heaviness of wheat doe more to lack of buying orders. Offerings light, and any bnylng nt oil will help prices. There Is a cubic hero from Argentina saying hoary number of anthracite coal mini* cloae down for a few day*. Ing more than the usual c —- a nt the mines around the Fourth of July. But while the argument* f«r a depression here enumerated futd In no Instance, any real merit, there was one factor whlcn con tributed largely to the success of interests working for a decline In the market, this being the calling of loans nnd Pin tying up of funds In preparation of the Julr dis bursements. which this year am tho largest on record. —OInert & Clay: TIPS FLASHED From Wall Street lu 0 .,^'^.'"^ jsto vn u wr. N.w Turk. Jnljr t—Bpaili-r & Co. The lufluenc. of . eonirreH artlnc on au extreme of Impulse from extrome view, of an active .ml. perhupA refleetlu* an exag- gerntetl degree of apprehen.lon ou the pert " the jiulflle, I. rumored hr the adjourn- it of that holly. Itu enactments, wheth- .. for the good or for etll, will bo In effect In the near future, ipl aome are al ready at work." Stock, plentiful In loan crowd, and will encourage renewed hear drier, and create farther lli|iild.tlon. while there 1. a pros pect for gold Import., heavy dlsbureemeut. of moner foe Intrre* .ml dividend, to b* nude this week, tod tk« fart that con gress ha. adjourned, will no donhf, work tuc.nl fomenting bullish sentiment. It I. doubtful If milieu are pronounced or bald to any sxtent. it would ream, howerer that from now an the good .twkn should ■how prod table tarn, when boaght on sharp declines Bnmm.ry of Kalnrdsy'. stock mark at by Dow, Jone. A Co.: • American stocks In London strong .bore parity, Ton* of nampsper commant orer .ad of the week conservative, but fairly road- dent. Tnlled' State Rteel half year cIom. with turpln. In neighborhood of nm.000,000. Illinois Central earning, for rurrent dieal year about 11 per rent on slock. Rtocka lending freely In loan crowd In consider.bl* quantity. Forty-fear road, for third w«*k of Jon* National Oily Iwak .how. principal cash gain In bask statement. Kirhange utlll nt gold Import point, and pnrrheoM of bar gold In open mnrket ndon foe Amerlenn nrronnt thought ■wodbie. Twelre Indnatriaia declined 21 per rent RANGE IN NEW ORLEANS COTTON Tho following I. tho range In cotton future. In New Orloqn. today: Last Prsrlou. . . Op«D. High. Low. Kale. CIom. Cloae. July .lLl« 11.5> 11.06 11.06 U.M-06 U.14-16 Aug. .10.62 10.63 10.64 10.61 I0.M-M 10.68AO Kept .10.37 10.38 10.M 10.24 10.1844 10.S-40 Oct. .10.22 10.26 10.12 10.20 10.SH 10. hre.' :»:* io!g io.a tin !o:S'“ lalti Jen. .10.22 10.23 10.22 10.28 10.SJI m3t-96 Feh. 10.32*31 10.2T-41 Mch. 104142 10,47-42 prll Closed quiet nnd steady. RANGE IN NEW YORK COTTON. The following la tho rang# In cotton future* In New York today: « ... Inrt _ Prerloi , . BjPJJ- , ' 0 ’* "hie. CInir. t'lcia July. .».» 10.32 10.17 10.23 10.24*25 10.20 !SS iS:y M ||1 k&S E-. M P !S:§ Q W&M \ DSC. .10.38 10.88 10.88 Jsn. .lO.fc 10.38 10.33 Feb. Cufiahy telling May and December not* caused weakness at the npminir. Around 3Cc for September, Well* and tho Northern Grain Company were tbs beat buyer*. Trsds now very quiet- !?:SS »S? rau. ,,,., 10.34-36 10.41 Men. .10.47 10.48 10.40 10.43 10.42-48 10.4* steady.' ***** **"* * COTTON SEED OIL MARKET. New York, July 2.—Tho market for cot ton seed oil trim quiet, with prices a shade lower. Rr fln*TK volti No{ii4i, nn-l ouisltln speculators offered morn freely. In tho osar position*. It waa still a waiting mar ket, whllo the new crop deliveries wars susceptible to narrow movement In cotton nnd the steadier feeling In lard. Spot waa quiet, with prices nominal. Prices at the close were unchanged to He higher,—Waio 6c Leland. July .* August September October __ November 34 De*-ember 31 1 Closed steady. H lower; closed ft higher. CHICAGO CAR LOTS. Today, Tomorrow. 189 11,000 Oati HogV 45,1 THE METAL MARKET. By Prlrato Leased Wire. Now York, July 2.—Thoro was slightly firmer In tone In tin whtrh advanced 1-2 for spot and nearby cfo- llverles. Other commodities wero nominally unchanged. Chicago had ita first new wheat of ths Mason Katurday. Five car* of uew turkey, bard winter from southern Kansas arrived. They graded No. 3 bard, and weighed 61 pounds to the measured bushel. They were held nt 8e over the July pries, nnd n local miller bid lr oyer, but them were •ales. Last year, the flrat car arrived the 28th. and Inspi-clod No. 3 red, nnd brought SI. It wne from Missouri. The movement of new wheat la expected to In crease slowly from now on. Imt those who have made n close ennvoss of tho situa tion say lb«*y do not expect a heavy movement until after July 15. "Wheat hulls derived n little consolation from n Ilroombnll cable, which said tho weather In France la droughty and prices ore now reckoned at about an Import basis. Jute wheat In Paris has advanced Sc in Minneapolis two weeks. Duluth . \ dec ran so of nenrlf 1.000.000 bushels Chicago xjprctfil Ut the visible supply.of,wheat els last year." week, compared with 1,114,000 bush* NEW YORK COFFEE MARKET. Following Is given the opening snd closing quotations of the New York coffee market today: WEEK IN WHEAT STARTEDJI^HADE UP COMMISSION HOUSES WERE THE BEST BUYERS. Due to Better Cables and Light Receipts in the North west. WEEK IX WHEAT— Markets Chicago, July 2.—After opening m little firmer and holding steady as re sult of wet weather throughout the northwest, wheat suddenly weakened on heavy offerings, final figures allow ing a rather substantial loss from those of Saturday. Tired longs were the principal seller*, though commission houses had qulto a number of selling orders, especially on the hard spots. The breaking of the Argentine drought and the heavy offerings of new wheat from the southwest served to offset effect of wet weather over Bunday in winter and spring wheat territory. Un- leas millers show some disposition to take new wheat, futures will natural ly work still lower. Corn has boen dull, but has ranged steadily lower. Cash trade (s good, de mand coming from elevators to apply on July delivery soles nnd n llttlo local Industrial and local shipping. <’a«h corn In tho sample market off 3.4ftla following similar decline during same time In tho futures. Crop prospects excellent. CHICAGO GRAIN MARKET. Tho Chicago grain market ranged as fol lows today: _ W1 . Previous WHEATS*"* n Sh * t * Xt “ Cl0B,k Ctoaa. July. . Kept. . . .hU* COItN- 82 ^ July.. . 6244 fifo i . o^tk- p.\: 1 sin l’OUK— Julr. . .14.20 17.20 Kept. . .10.77# 10.06 Jim 61H EIH 51% 43S 43ft S6ft 56U 16.00 17.12ft 16.77ft 16.(iO 16.87ft 50ft 8.82ft 8.81 ft.o'jft s.idft 9.00 9.60 & •: SB Ig m Iffil Oct. . . 9.2U 9.25 9.17ft 9.22ft 9.12ft Cash wheat. No. 2 red 88: No. 3 do so " No. 2 bard winter 16012: No. 3 do No. 1 northern spring 85; No. 2 do No. 3 spring NORTHWE8T CARS* Today. Week. Ye LOWRY NATIONAL BANK 6.86-6.46 &304J6 I-4H4? IP3 -8.M-6.ID 6.45-6.50 6.606,70 6JU»-C.G0 1.70-8.76 6.55-6.70 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 8UGAR MARKET. WWlS L W J(*n lb. liinr ra.rk.t lorslly refined A and raw maraet steady and unchanged. London beet market steady; July 8a 3d. August 8s 3ftd. Frank nawklos, President. FI. M. Atkinson. V. P, TnomsqjC. Erwin. Asst. Gstbler. Joseph A. McCord, Casblar. It. W. fryers. Asst. Cashier. Third National Bank Capital Surplus Iton Dargan. in W. Grant. Y. McCord. DIRECTOR81 Frank Hawkins, n. M. Atkinson. Joseph A. McCord. $200,000.00. $300,000.00. J. Jp. Nun nally. Carroll Payno. H iLosser. arid Woodward. BANK CLOSING NOTICE. Wednesday. July 4th, fs a legal holl- Tho banks composing the Atlanta Clearing House Association will be closed for business on that day. JOHHl’ff A. McCOBD. President. DARWIN O. JONK8, 5!ansger. PRIMARY MOVEMENT. The following figures show tho primary movement of grain: Wheat—Rerplpta 465.0W boahela. sgtlnst last year holiday; shipments 2rw.<».id btuhela. * .'11, l:. < « l|.?-4 !’■»> IiIIpIipIh. Hfflllnst holldny hut year; shlpraonta 5S],000. SOUTHERN EXCHANGE Oldest Establlshsd Offico Fouth. conos-- -STOCKS--* BONDS —SSilS Ground Floor Qould Ilulldlng. Dolly mnrket letter and market manual malted nn appltentlon. L. J. ANDERSON & CO Bankers and Brokers, CODON, STOCKS, GRAIN Corruposdsst's Capital $250,000 REFERENCE, TNE NEAL. RANK PHONE f AIT. PRUDENTIAL R4.DO HAVEYOUANYMONEY AHEAD? Is U Invested where It U perfectly safe? Is It arallablo now If FORTUNE: should knock at your doorT Prepare yourself to take advantage of opportunity by Investing your savings In this bank, whero they will earn 3H per cont COMPOUND INTEREST, bo per fectly safe and avallnblu practically on demand. CENTRAL BANKS TRUST CORPORATION, CAPITAL ...... $500,000.00 Asa G. Candler, President. W. H. Patterson, Viee-President. A. P. Coles, Cashier. John 8. Owens, Vice-President. Wm, D. Owen*, Aeat. Cashier. $14,250 LAND NOTES G PER CENT Made by one of the wealthiest men in Atlanta and equally indorsed. No Brokerage Nor Commission. Address LAND NOTES, Care Georgian, City. Money on Cell Working Tighter. Money on call oprnrd at $ per cent; highest 7 l-2i teweet 6 1-2; closing | MADD0X-RUCKER BANKING CO. CAPITAL $200,000.00 SURPLUS AND PROFITS .... $500,000.00 ACCOUNTS INVITF.Q Wc invite accounts of individuals, corporations, hanks and hankers and offer the best terms consistent with conservative bunking. Rate of 3 1-2 per m fork. *nv Orltau. COTTONVGRAt^,^ROVlsfoNS, STOCKS, BONDS, lit. 2 Will SI.. Piltn 4miHhj. Alltali. 6, UtUSttS: trm rtit CtMci l,<»•«,,. Will* «• irJ ,f r,iJ«. ... O/i.i.i c.ir.. Iji4>re<- 3 '?'* llr«r,.o( CoM.. 4,or. hew ,0/4 Colltt iMlhltgt. P/,filo W/fo, t. No. Yo/4. 2twO/loi,l. Chlcogo. 2. C. C07M4AV Kmot/. tmtun i2o. s '»"-»/< rt- PIEDMONT BROKERAGE CO., (Inoorporated.) Basement Floor Piedmont Hotel. STOCKS, RONDS, CRAIN, PROVISION*. INVENT MENT*. Feet Wire 8ervice from New York, New Orleans, Chicago. CORRESPONDENT t M. d. SAGE A CO.. AX BHOAOWAV, NEW TOSH. tow. Horn. M40» 9 *f loci iisdloiq Cut**** Bill F'w 1191.