Newspaper Page Text
11
OTTI WHS DULL
HO fttMLESS
LIVERPOOL OVER THE HOLI
DAY WAS FAVORABLE.
Kew York’s Response Was Fee
ble—Weather Over Belt
Continues Excellent.
NEWS AND GOSSIP
01 the Fleecy Staple.
f p to midday, the market for future
delivery In New York was featureless, the
tuning showing unchanged prices to an
gdrsnce of 1 point os compared with
Tuesday'* Anal figures, which was a poor
response to the advance In Liverpool over
our holiday, that market being 6 points
timber since Tuesday.
Liverpool thla morning advanced the spot
urlre 2 points to 6.08; sales 7,000 bales.
*Tbe weather over the cotton belt c
tioues favorable for the growing crop,
bearish condition generally, but the bears
sre not aggressive:. In fact, they are np-
osrently taking little Interest In the mar
ket while the bulls seem to bp satisfied
if prices can be held steady until such
time as present prices can be made to look
attractive to buyers for- Investment. They
claim this time will come In the n
*°The hears have no conclusive an
to offer for lower prices. They woui
the cotton trade believe that crop pros-
Beets are brilliant, and that a big crop is
In prospect, though as yet they have not
claimed It will be a record-breaker, and
appear a little doubtful as to whether It
will equal the previous bumper crop,
which, the bulla claim, will not leave any
too much In the visible supply after the
world's requirements for consumption la
satisfied, to carry over Into next season.
Texas shipped lta first new bale of cot
ton to New Orleana yesterday. Last year
the first bale from Texas was received In
.\cw Orleans on July 14, and In 1904 on
July 6.
The following telegram was received by
• local exchange today from New Orleans:
•The first new bale lias been shipped
to our exchange to be auctioned; the pro
ceeds to go to the charity, hospital here.
It Is further said that the lower Bio Grande
valley contains 1,000,000 acres, half planted
in cotton, and will produce 1,000,000 bales,
and thnt the other half la planted In cane,
and thnt the United States need Import no
more cane."
Reci ‘ ‘ “
Pile *
For Ilie unu nirt, icicipio ui iuc tu*
terlor towns are 4.707 bales, against 16,*
187 last year and 913 In 1904.
Shipments 9.748, against 22,452 last year
and -.927 In 1904.
Stocks 118,176, against 122,7'“ *
137.414 last year and 68,416
July In New Orleans Is gaining airenxiu,
and a sharp advance wna scored during
the morning trading, selling as high as
11.18. It Is thought•there will be aome*
thing sensational doing In that option be*
fore it passes out.
SPOT con ON MARKET.
Liverpool—nicauy, o.oau.
Augusts—Quiet, 11 S*16c.
Savannah—Nominal. 1014c.
st. Louis—Quiet, 1075c.
LIVERPOOL COTTON MARKET.
Liverpool, July 5, 12:15 p. m.—Cotton, apot
quiet, with prices steady; middling up
lands 6.08; sales 7,000; American 6,200; spec
ulation and export 600; receipts 23,000;
America n 22,000. . .
Futures opened steady.
Opening
Range.
July .. ..5.79-5.ro 6.71
July-August.
Private Wire to Glbert & Clay.
”— w —*■ ’**’•* 5.—Liverpool
was expected to be 2
The New York Commercial says: It is
stated by large cotton mill Interests that on
coarse yarns for distant delivery *the mar
ket Is soft, and that mills are willing to
accept contracts at concessions, now that
they ore able to get yarns at lower ranges.
New Orleans, July 5.—The western fore
cast is for generally fair weather tonight
except showers lu western Texas. Friday
fair in Louisiana and Arkansas nml west
Texas: partly cloudy for the balance of
the dlstfrct.
Today’s map Is, with the exception of
light rainfalls on the Atlantic coast, very
Private Wire to Wore & Lei and.
Liverpool cables: "Steady, featureless
market."
Brownsville. Tex., July 4, wires: 'The
first halo of cotton In the United States
of the crop of 190) weighs 550 pounds, class'
good middling, bus been shipped by tin*
Brownsville Business Men's Club by Wells
Fargo Kxpress to the New Orleans charity
hospital.
The net stock of cotton in Now Orleans
.s 38,777 bales, against 53,945 at this time
last year. The amount of cotton on ship
board Is 25,450 bales, against 23,137 last year.
WARE dl LELAND’8
DAILY MARKET LETTER
New York, July 6.—Following the month
ly report here Tuesday, tbs Liverpool cotton
market advanced rather easily some t
points during the holiday, so that there
was little disposition to sell during the
session today. At times the market <wai
practically stationary, with prices fluctuat*
Ing less than for some days. The range
less than 3 points for two hours,
these circumstances, little attention
The most Important
rs r ‘
the Georgia report wga _____
In view of the decline of 6 points In tho
condition of that state during June, the re-
K rt attracted some notice later In the day.
general, however, the market failed to
refund to news of any kind. About the
only trading was that done by profession
als. It would seem that the failure of
RANGE OF NEW YORK STOCK MARKET
FOR AMERICANS
NEW YORK SHOWED GAINS
AT THE OUTSET.
|OpenjHlgh
NOTES ON GRAIN
Pointers on Provisions.
nt.-il Copper
Count Line
i Sugar Befitting..
imt all the best nows had failed to drive
tS* T~“~
Previous
. . November.. »..5.64-5.65. 6.55
Nov.-Uec 6.64 6.54
tHnvJnn ..6.53 '5.54
Jtn.-Feb 6.54-5.55 5.55
Feb.-March 6.66 6.56-
ilareh-Aprll. . . .5.57-5.58 6.68
Closed steady.
5.58
£m
i g
r...::
5.54
6.56-5.17 636-5.65
TODAY'8 PORT RECEIPT8.
The following table shows receipts at tbs
C irta today, compared with tho same day
it year:
1306
1306
Nsw Orleans
Gal vest ou
Mobiltt
Savannah
Charleston
Wilmington
Norfolk
Baltimore
N«w York .............
Boston
Philadelphia
•1 »
901
199
1*49
<3
182
ys
w
3606
300
154
1537
* « ‘
184
Total
. 3324
1703
INTERIOR N
lOVEMEf
iT.
1303
m
Houston
Attfnstn
Memphis
Ht. Louis
Cincinnati
1
70
»
1612
'•6 .
Total
341
3363
GIBERT & CLAY'S
_ , DAILY MARKET LETTER
Urleaoa, July 5.—Liverpool closed
■"■ey at loss of 1 point on summer months
8?** » similar advance on distant. do-
JL 1 : 00 *- Spot sales amounted to 7,uOO bales,
'* nol »«on« being raised 2 point*,
and , l “ ark ? t **?.*■ exceedingly doll
pemptlbl* chn us<' In thr
—at to Ion, prorulln, .ml
*t «». art only to In erratic*
prononnwd iplrlt if couaerr.tliui.
rto.[«c,, ,k. — ~wtlnu.
J23K?* f " r 9* frowln* crop contlnu,
2 n,?? 1 ' "■'■•"MIsr to .dvlera rmirad by
(onK.““' 1 w “» * om * compUlut. »r«
.M h hS. “Sf.*** t,w ,nd f » r between
1,-1,“*' '►pral.l referenee to tie prera-
.JvBMive moUtore In Locnlltlee of
evrai* 1111 nn *l Georgia. The long expected
"JiLI 1111 * of wnllnntlon. end
11 •“'•rwClnx dnjr of tbo prreent
t2t.nl ! w,,, ber. not only the point mi-
tn,,t •. bttt alto tke .tort In-
JSK " tb- market Bnda ttaelf more ee-
»t 7tLL ; u '^ Ml ,D<I benca more difficult
-UmnT i, u !* 8>—WHEAT—Favorable
r^bBIUona orer tke holiday and
ter-toL 1 ’P c ** l ‘ boaaea who made Large
' wheat ov.f Wedneadar
ra *r ket rollnc* rather week
tje nBtateeekm. Darla, the
ttewi?!' proBt-takln, by
* «,!h „ r 11 '. who eoid eerlr. malted la
»7>m. , “t.V* 00 * He. White It loofca aa
carry on a
_ ' In n con-
inr change for tlio worse lu
__ . _ La atnrt buying. Tliere Is
Jttle In the market beyond buying on
every break and Helling out on bulges,
Chicago, July 5.—Wheat—There was
quite a sharp break due to large re
ceipts and fine weather in the north-
we«L In fact weather conditions were
perfect all over and local sentiment
was made bearish to some extent, by
the fact that country acceptances were
quite large, with July sold against
them. Support appeared, however, with
shorts covering to some extent, al
though the northwest sold through one
set of houses and bought through an
other. There were roports of black
rust from various sections of Minne
sota and North Dakota. At the close
aentlment was somewhat' mixed, but
one thins I* noticeable—that la, around
present prices bears run very quickly
whenever tho market shows any dis
position to advance.
Com—There waa i
fine weather and car lota showing over
the estimate, although trade was not
very extensive. The Fatten house waa
buyers of May, while local operators
and ths crowd bought September, and
the market displayed a stronger
than many In the trade looked for.
Oats—Trade waa rather small at tha
start, but heavy selling appeared In
the September kind oh looal account In
a realizing way, due to improved crop
prospects In many localities. Offerings
were rather liberal for deferred ship
ment, and the closing was easy, with
proapeevts of prices working a little
lower.
Provisions—Very little trad«
with packers on both aides of
ribs, and while considerable bullish talk
was heard, due to the advance In hogs,
there waa not much disposition shows
to tako on long stuff.
New York, July I.—Abort covering was
the chief sustaining Hictor of the etocls
market today, following tho movement
sterted Tursdey end continued tVedneedoy
ebroad, the demand from the bears waa ex
tended until the list gained In a number
of stocks over 6 points from tlio low level.
Tho market la entitled to ft fulilier rally,
but the bear party Is not disposed to give
up without k struggle. It will only retreat
as the powers seuT buying ordera Into the
market, and they do not appear to with
to follow up buying by bidding aggressively
aa yet. The technical condition of the
market la very good, and ire think the
abort Interrst Is very bulky. Its nervous*
neea wee shown by the action of the mar
ket abroad yesterday and here today. De
velopments Indicate a change for the bet
ter, sad we do not believe that much will
b. accompllehed by tbe bear ratty, for
many stocks are at tha Intrinsic lerel, and
below that they do not remain —
After the Opening Trading the
Stock Market Continued
Strong.
to 4114
which had set In In Tuesday's market
tinned In even more decisive fashion today,
What little developed over the holiday wiu
In the main favorable to the mnrket The
Bank of Kngland made a poor showing in
lta weekly statement, the proportion
reserve to liability falling from 4iU to
per cent, but tills was no more thou . .
normal extent of the shrinkage la the week
of tho quarterly Hettleiuents. lu n fort
night's time, If precedent is followed, the
Loss lu the reserve ratio will .be fully ru
stored. Tho statement of the bank made,
therefore, no particular Impression upon to
day's dealings abroad. On our side
engagement of 91.50J.000 Austrllan gold,
uged yesterday, was well received, but
i against this the local banks lost |200,0ou
the subtrensury In tho 4H hours up to
this morning, destroying nil tbe previous
gain on tbe week. In the local atock mar-
* * ~ e. Tho
the bottennent which It was felt bad taLeii
place In tbe market's Internal position os
the result of the recont extensive liquida
tion for short account.
The market opened after the holiday with
— — — ——*■— for
Amalgamated nml Colorado Fuel gained •**
The stock market ruled strong all through
tho first hour with Loudon an Important
factor on the bull side. Amalgamated sold
ns high ns In London, when It was Ha
here. Arbitrage brokers wore good buyers
of Amalgamated. Steels, Union Pacific anti
New York Central. The way stocks moved
up Induced some urgent covering of shorts.
Commission bouses did a fair business oa
long side.
8T0CK SALES.
do preferred..
American Cotton
Baltimore and Ohio..
Brooklyn Itspld Transit
Camnllnu Pacific
Chicago and Northwestern
Chesapeake and Ohio
Colorado Fuel and Iron...
Central Leather....
do preferred
Chicago and Great Western.......,.,..,,,
Chicago, Milwaukee and 8t. Paul.,,...,
Erie
do prefei
trie.
Illinois Central
American Ice Securities
Louisville and Nashville
Mexican Central
Missouri Pacific ,,, '
New York, Ontario and Western....,....,!
National Lead
Northern Pacific
New York Central
Norfolk and Western
Pennsylvania
People’s Gas
Pressed Steel Car.......
do. preferred
Fnclfle Mall
itbern Hallway
do. preferred.
sioRs-sheirieid !!,!!!'!!*!•!
Tennessee Coal and Iron.
Texas and Pacific
Union Pacific.......
United States Steel;,..; ,7 *
do. prefarkau.*.
Vlrglnla-Carolina Chemical
do. preferred .*
Western Union
Wnlmfli
,WlkbUbL>
do. preferred
Wisconsin Central
do. preferred.... '***
favorable waath..
holiday and tho outlook thla me
b» “ ' 1 1 I 1 t I | | I ; || ||| -«• of 111,MU. Cl
wheat Indifferent. The only bull
the moment Is the possibility
ALL THE CEREALS
L
nortlyvest. Barring tills, pressuro of
wheat la likely to force lower prices.
m progressing well.
In the cash qemaiul.
As|i
prlt
Corn and oats cr _
‘tore is some let up fn fhe cush
rgresslve bull effort la needed to sustain
Icet.
RANGE OF THE COTTON MARKET
11 a. m..
12 noon ..
1 p. ru..
2 p. m..
..304.700 shares
.,896,“200 shares
..607,400 shares
..617,200 shares
MONEY ON CALL.
PIEDMONT BROKERAGE CO.'8
DAILY MARKET LETTER.
w . Liverpool did not
take the figures of the government jih bull
ish, and spots thero wero a couplo of
points lower, with smaller sales, a ho con
tinued excellent reports of the growing crop
Is encouraging the shorts, and they aro bo-
coming more active. Tho fact that tho
T»'d
HV that they do
, Je. The prospect
ket for a white yet.
5a tha *
not remain Ion. ae
favor, a tradlnr mar
rtlher-te
the fever’that mtiafly accompanies the pres
ent condition of the nurket ehnll have
worn nwny. The professionalism of thlnya
makes a eevere punishment of the beer
party entirely within raanon, end tt mi]
eome suddenly and without waretn*. Con
aemtlre operation, ere atilt recommended
bat the sin of a cteartn. atmosphere mult
not he Inored by thooe who desire to (st
the beat results.
... made to tho
wen larger than
proute on nny
(-UIU1 UMW BUUWB yv uaiwiaun -»amee*»e*e
Offering, and ante, by the country have
been light, and there tae been speculative
buying of Importance In the pit Offering,
were .canty, tbe market haring no preemire
from cash com. Shipper, ctelm that con
siderable com le going forward steadily Jo
apply on eaten preytouely
{frjssr-wrur
further adrance.
OATS were lower on no
2X'M& r byV rtuuileianMnatteo
of crops In districts where shortages war.
claimed. Cash demand^ wie very poor.
There wore Urge wise here of raq oats
r< 7.R«o , N^ra n 5Jd ,, '?iSi^h fslr
SSSTrirtT “drlra pa re bases ou alt re-
GI BERT & CLAY
111 ALABAMA t
STOCKS, BONDS.
COTTON. C8A.IN,
corrcc, provision*
ATLANTA, OA.
N>J orteti
New 425522 -'.New Orto*
*ichauge.j.\>w Orlea
M CHBCSBi
:otton Exchange.'Chicago nnrf ot Trade.
Stock LxrUans- I.tvcrpool Cotton
Board of Trade.|Galveato* Cette* Lx bang*
tn < 1 Ung Dietanui Telephone"*^, 1 R. FAGAN, Managert
pood on conditions Inter In the connon.
STOCKS—The tendency of tho stock mnr
ket thla morning was In tbe direction of
lietter prices, net gains l>elng recorded In
the majority of Issues. Covering of shorts
was chiefly responsible for the Improve-
mfnL and while very Ifttfo outstdo bust-
ness was reported, sentiment seamed to
have changed for the bettor. After two
weeks of severe decline, a sharp rally wn»
due, nml ndvances todny were from V«3
polntn. Heading, Pennsylvania, | ■
and the Steel Issnes showing tt ■
vantage. DuIIuchh around the neon lionr
and a alight roactlon from the high points,
hut tho market seema to havo adjusted
Itself to a better order of things, tud we
believe stocks bought on tho weak spots
will prove profitable for qnlck turns.
THE LIVE 8TOCK MARKET.
By Private Ie-oaed Wire.
Chicago, July S.-ltoga-Bstlmated recelpta
today ft,000. Market slow: early advances
25,000; mixed.
SL7&26.927., .
Cattle—ftacelpti estimated _ ,JL_„
s/oi rwste-as'a®!
^".o , ^irtW5VTJc'k.ra
esdern K.JMH.K). „ ,, . .
Bheep-Kseelpte, 11,000. Market i
quality go<>d| , wentei
0.10; lkT<C*>*l lnmlia
COTTON 8EED OIL MARKET.
^"iJeontyinterestJwVnls wm. mnnh
feitct In the July opUon, nf which 6,0«l
barrels were dellverevl on contract. It le
uhl that there ere hid. In the market for
larae lines at top prices. Tho other months
sre alto bljher. but with u light trade
id the market closes strong, rnnssd by
e strength In the provision market nml to
_me extent to tho government report on
rotton.-Ware k. Poland.
Jalv R4531 M 'U.IOt.
August il'j'vutlli 37 0874
OHBtwr *1?!“
October ....es.ae.as.se.* 84\^36V* 34^^35
November 32 «32Vk
p gBSar , .tta>: ^
CAREER OF A MONOPOLI8T.
When at the tender ago ot four
An apple he devoured with xest.
It proved there wain’t any coro
lla took the rest.
Grown up, ho had tha luck to find
A girl with wtl and beauty blest:
She gave one klee, "Juat one, now
mind”—
Ha took the raeL
In business a monopollet
He quickly rode on fortune’, creel;
Vo competl ,lon dared resist—
Ha took tho rest.
At last bla health could not endure.
By care of million, nore oppressed.
Physicians all advised a cure— .
He took the rest.
—New York Sun.
UilUooalra (In Paris)—What makes this
‘-old master” coat so much!
Dealer—They are gelling sesree—the
at tbe fscrory have t**en on n
six months!—(*hlcego News.
AT NEW YORK.
fa?ures f fn l< Now E Vork 'today* 020 ,n CO “ OB
Open. High. Y-ow. Sale. Close^cJiOM,?
July sia.18 10.1S 10.11 jdjf 10.21-13 * &89-88
Aug. .10.27 10.33 10.25 10.32 30.32-3* 10 27-28
oT :U§ Hi ?Jil
w!ss io!t7 iasi loiS-'ji
Jan. .la# 10.39 last. 10.38 10,37*13 10.34 7.',
Jtcii. li'o'.ij ib'.ij ib!« ib!« io!?«-47 latj-ki
Closed steady.
TIPS FLASHED
From Wall Street
Printts Wire to Glbert & Clay.
K ork, '
on of BOTPHHIH
very likely In tho stock market today, it
looks very much as though a holiday trap
for tbe lH*or§ had boon sot. There should
I* heavy short covering, and. as intimated
Tuesday afternoon In some of tho advices
submit toil. Improvement of a radical rhar-.
rmrmanenz ia unumiui wrum*. r».
reasouablo returns ought not to ho neglect-
od."
Marshall. Spader & Co.:
developments over t___ ------
mako any especial lniprcslaon on the trad
iblfc, hr* —
_ id ngal
confidence In
AT NEW ORLEAN8.
The following Is tho rnngo In cotton
futuree lu Now Orloane today;
_ , Last Previous
Open. High. Low. Kelc. Cloee. ctoso.
July .11.06 11.19 IL06 10,18 II.HID ll.OC-OS
Aug. ,10.63 10.33 10.64 19.33 10.61-13 10.64-66
Sept 10.38-40 1U.36-31
Oct. .10.13 10.88 10.18 10.S 10.84-88 10.-1-38
Nor ..... ..... 10.36-37 10.13-36
Dec. .10.34 10.a 10.33 10.38 10.37-13 10.34-26
Jan. .10.34 10.34 10.14 M.14 l(U3-*l 10.1041
Keb 10.36-17 10.36-17
Mch 10.45-40 10.43-44
(.'losed steady.
fever taking on tlio good stocks men-
The market dlsplaya n decidedly tm-
irnved tone, and have splendid reasons to
telleve that It will last. Beading In the
lead, whllo fltccls, Gonpere, Baltimore and
in batter
- bamst
way. Home (liri'Hlilug ylebl jukI
equaling expectations. Llhonil early
log unlikely. Corn making good
Oats Ini
Prtc» current: ‘•Wintor trhent
i undsr , way.
ElttffUm.
progmse with warmer weather,
proved where not past help.
..Chlcngo.—July deliveries Tuesday ware
18.0W bushels wheat, lKkoOO bushel* corn.
600 barrels pork, 250 tierces lard and 4W.OM
pounds short ribs.
Chicago Record-Herald: Clear weather has
prevailed iiutte generally over the, winter
wheat sections of the southwoat daring the
lest forty-eight hours, but tnere Imve been
nine through the Ohio volley, The north-
west bed Tight scattered rains o\»ir tho
nor hern purllnn of the eprlng wbsat states
on Tuesday, fre.llctlons are fair for bath
M-cttnna t.Misy, Tli** trade will watch with
some Interest todny tho .xteiit of the
wheat marketings at the cu.mtry stations
through the southwestern uloter wheat
states. It Is hardly probable that they
will he as largo as they were a year ago.
M? the day following tho Fourth Inst year
all points had approximately four -!.■ iya r ar
rivals to exhltdt. as landing exchanges were
cloned Hunday, Jlondny and Tuesday. To-
day the arrivals will represent only two
daks’ business,
-Thera le every Indication thnt tbs United
States I* out of the export business on
°*l" for the entire year.
JG«S Il( ! new business of Importance
h»lng died ebroed In coarse grain, accord
ing to the atntemente of New York export-
?£?• roro | *“*ea .awaiting developmeute on
this side and tbs effect of the new crop
movement.
Private Wire to Were A Lelend.
Chicago, July 5.—The Inter-Oc.au
Knlei of raidt grain In Chicago were
75.W0 corn and lBl.ow oats. ■
jteat sales tncludnl 30.000 No. 3
July In storo, M.000 No. 1
wheat, f
Tho wl
hard at 2c under
136,000
northern, part at 3 and 314c ovor Heptembor
>nd 36,000 bushels mix,hi lots.
130,000 hitshela wheat
Ohio anil Norfolk arc I
1 request.
day and ag— —_ . _ .
MSlUape* In American sbnroa than hat
been noted III the.recent past, and In con
junction with tho strength displayed here
on Tuesday there Is ground for belief In
Its continuance. We expect the market
today to eliow a good tooe, and believe
Union Pacific and Southern Pacific, Bead
ing, New York Central, Steel and htotal
shnren may ahow tho effect of a covering
movement In nDy event, if not something
better.”
The New York San anya: "Americans
were selling lu London yesterday, regis
tering average gains of more than 14 tier
cent. Iteedlug led with a gain of 114 points
and'New York Central end Pcnsylvenln
gained a point nnd T4. reepectlvely.”
S ndon*Improved nit around.
It pec cent up.
Disposition shown I
bear operations, for <
rersold.
There are Indlcattooa that money will
work tfoms matter wltklo s short tBuSj
* ‘ ‘ j *
and tako trach stocks ae_ Baltimore tnd
Ohio, Atchloon, Missouri Pacific, Norfolk,
United Hteteo Steel and Coppers. They
- - -
, folnff on sn 8 p*r c#nt
SDd steel trsds conditions unexcelled.
Bear campaign seems nearly' over, nnd
sronnd present levels or on drives, would
It la reported from good sources t
Philadelphia Is s bu.rrr of Rending on
recession, and fs predicting that tt wttt re
cover to 110 this week. The professional
crowd seems to bo selling It on rallies.
We would buy It on recessions of propor-
SOUTHERN EXCHANGE
Oldest Established Office South.
conon- stows- —BONDS HW
Ground Floor Uould Building. Dntly
market letter nnd market manunl
mailed on application.
LJ. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, BRAIN
Cormpofftfent's Capital $250,000
ncrsncNcc, ths nkau sank
PHONE 1417. PRUDENTIAL. BLDG
HUBBARD BROS & CO., MERCHANTS
Atlanta Office!, 219-231 Century Building.
Member# New York Cotton Exchange, New Or
leana Cotton Exchange, Liverpool Cotton Aa«o*
elation, Chicago Board of Trade, New York Cof
fee Exchange, New York Produce Exchange.
Buslneaa solicited for the above exchangee.
Direct wire service. Correspondence Invited.
Phones i», Long Distance 39. A.S. Hustace. Mgr-
In storo mu. _,JpM
Scsbonnl snlrs w»r«
for export, Including 6t.u^
liushcls low grado Duluth spring amis83.000
bURhcla Macaroni.
vnn wheat at lHc sod
rorn st lB|c to Buffalo. /
Tho first black rust scarn to como from
tbs northwest arrived Into Tuesday nnd
g*YO tho whcat'bulla an opportunity to rally
Prteas a fraction. It was from Northvllle,
South I)nkotn, Tho niesMiao tbnd: "Whont
jwww with rod rust, nnd In somo places
black runt hna 1ipp» fllHpoyfm] lu tho east-
“fn part of Booth Dakota."
Tho wheat bulla nro nnxionaly looking for
ovary eTldpure of black rust, as they look
upon It as tho help they can got to hold
July had an oversold appearance at tho
close last week, bat since then conditions
havo changed, nnd July baa gone from Ho
premium to Ho discount under September.
The unexpected delivery of 7TO.OOO bushels
on July Monday nnd bushels Tuesday
freely at
and with ererylblng else selling nt ___
nrleee? This le tho question that Is mil
tntlng wheat speculators. The bulls clnln
they will not sell.
NEW YORK COFFEE .MARKET.
onenlng and cloalni.
— York coffee market
today:
Opening
January <i,r.or,.70
Fobrutrr ....}. (Iff, 6.75
March 6.804.86
fc:::::::::
June
July .....a***...,.
August . y ........
Heptembor .......
October
November
I ifeiniiber
DUE TO FINE WEATHER FOB
HARVESTING.
Minneapolis Declined a Large
Fraction—Shorts Were Best
Buyers of Wheat.
By Private I-eased Wire.
Chicago. July 5.—The bulls In wheat at
tempted to force that mnrket upward by
buying corn and starting a bull movement
In that cereal. Northwestern bulls were
not Idle, telling of Mack rust up there,
but It made lta appearance on tho Imabele
yesterday of one firm. Wheat reacted some
from the bottom late, but clotted ‘AllSo
lower.
Corn cloned Uc higher.
Gate were off HfiUc.
Provisions were up Vjc.
Cash an lea of No. 2 red at 80Hc to ar
rive In sixty days.
Argentina shipments for week were estl-
mated by Broomhnll at 1.500.000 wheat and
2.800,000 rorn, compared with L f - r »*>,900 and
2,669.000. respectively, n year ago.
The - Hungarian wheat crop la officially
estimated st 180,030,000 compared with 154.000
2 2*°' l/ed.winter soM y «.vsr
»r Heptem-
corn 133,-
Heptemtier on track with Uc «
l>er bid to arrive.
Actual sales wero made nt Wi'awic.
Primary receipts of wheat. 417,000 and
jrm 711,000, compared with 3i2.^» sod 1,-
096.000, respectively, a year ago.
Clearances of wheat 133,CKr),
000 and oats 1,100.
CHiqAQO GRAIN MARKET.
The Chicago grain market ranged as fel
lows today:
^ ^, _ Previous
Open. High, Low* Close, t'losa.
MM-i’iuiMir i
Closed steady.
WHBAT^r
July.
*lept..
Dec. ..
C6RN-
Jlily. .. 6
Sept. .. 6!
Dec. .. 41
OATS-
.Tnly. .. »
Sept. .. I
Doc... a
PORK-
July.
flept. ,
SIR
6l*i
:.i*k
49*1
sn
M<4 1
se;
i’1‘0 ,
31*4
US
8.1314
9.10
9.1214
S _..M
Jsn.
LABD-
July. . . 8.90
Sept. . . 9.06
Oct. . . 9.07‘A
RIDES—
July. . . 0.G2Vi 9.85
Kept. .. 9.55 9.60
Oct. . .. 9.274 9.32V4
CASH WHEAT-
No. 2 red now W)V
No.
17.56
17 1,
14.90
8.90
9.06
9.97H
9.62V4
9.66
9.27V4
r 80U: No. 3 do 79*fr*
hard winter No. 3 d«>
■fUCSnC*,; No. l no
9.C2U
9.66
9.27U
spring
76-883.
NORTHWEST CARS.
The following figures show the primary
movement of today, last week and Inst
Nftfl
Last Last
Today. Week. Year.
Minneapolis ........... 2K» 14.} l-'.J
12
14
CHICAGO CAR LOTS.
No Obstaole.
FYom Tho American Bpectator.
"Tho now automatic telephono ex-
changoa will do away with the Ventral
girls.’ M
**Oroat! A man can swear through
'phono without getting a call
down! 1 '
Milan has decided that at every street
crossing eight signs mads of brans letters
shall b« Inserted In the pavement.
Cora
Oats
Hogs
Today. Tomorrow.
LIVERPOOL GRAIN MARKET.
Wheat opened >4 lower: 1J0 p.
_ower; closed U to *fc lower.
Corn opened *4 higher; 1:30 p,
changed; closod Vfc lower.
PRIMARY MOVEMENT.
The following figures give the primary
movement of wheat nnd corn:
Wheat—Receipts todny
against 342.000 last year; »
bushels, against 290,ono last year.
Corn—Receipt# todny 7lH,*i00 bushels,
against I.oog.ooo Inst year; shipments, 956,000,'
against 370,000 last year.
ATLANTA NATIONAL BANK
C. X. CURRISH, PrMldant. A. E. THORNTON, Vlo,-Pr..kl.nt.
H. T. INMAN, VI«*-Pr*.ldwtL OSO. R. DONOVAN, Ca.hl.r,
JAMES S. FLOYD, Aart Ca,hl,r.
Capital $500,000.09
Surplus and Undivided Profits $500,000.90
We Solicit Your Patronage.
CENTRAL BANKS TRUST CORPORATION,
CAPITAL $500,000.00
If you contemplate opening a now account, or changing your promt
banking arrangement, nnd wish to connect yourself with a strong, conserv
ative hank, fully equipped to serve you as your business Justifies, we
Invite you to call and talk tbe matter over with us.
Asa 0. Csndlsr, President.
W. H. Patterson, Vlcs-Prssldont A. P. Colas, C.shlor,
John 8. Owens, VIcs-PrssIdonL Wm. D. Owens, Aul. Csihi.r,
V SMWered tb. i^)lIt!rlBn; -It «ho.
coocin.lrelr tbst I rtsnd w.ll wltli tb»
bo», to our -:!,-rict.”-1Vn.hlnst„ii Ht.r.
YpelL >tv Orfeesi.
COTTON^GRAU? 1 , ^R^ISiG^Sto^KS^BONDS,
hi. 3 Will II.. ttltil ItlUltl. tlimit, Cl.
«(«•{(]:
In rut emit Uehmtt. Chlu,t Bull if jlfl
Htw Or I tan i Colff Cfc.caye Sfec* rxekeaff.
" - ' “ —f "is TW*
Llttffttl Cotton Atttlotloo.
York Cotton hekangt.
Stanford Fkoat 234.
UJfp--So,
•light UJ**
udy.
old Goldman Is
quarter of a million,
lx* bis widow?
Nothing could poiwlbly
Li<jr« than Just to be yours.— j
like
PIEDMONT BROKERAGE CO.,
(Inoorporsted.) Basement Floor Piedmont Hotel.
STOCK*, BOND*, GRAIN, PROVISION*. INVESTMCNT*.
p at t Wire 8ervioe from New York, New Orleans, Chicago.
COftftKSPONOCNTS
M. «f. SAGE A CO.. <4* BROADWAY, NEW YORK.
tOW. NOTH. Idaoagor. Looal $»d Long Dhtaiuo toll Fhono 1391.
TH08. J. PEEPLK8. Cashier
JAB. G. LESTER. Ass’t «
MADD0X-RUCKER BANKING CO.
CAPITAL $200,000.00
SURPLUS AND PROFITS .... $500,000.00
ACCOUNT* INVITKO
We invite Accounts of individuals, corporations, banka
and bankers and offer (he beat terms consistent with
conservative banking.
In our Savings Department we allow Interest at the Rate of 3 1-2 p#r
cent. Compounded Seinl-Annuaily.