Newspaper Page Text
Pro to idMiUJ. the market for future
lellrMT 1“ New York wna feetarelaee. the
■Niue show!of unchanged prices to an
iJiaiKe of 1 point ns compared with
fuirliJ * flea! figure*, which rrus n poor
moooir to the advance In I.lrerpool over
tor bolhlajr, that market being B points
daher alnre Tuesday.
Urrrpool this morning advanced the spot
orire J liolnts to ID*; aulea 7.0J0 bales.
p The weather over tho cotton belt con
tlsoea favorable for the growing crop, a
Moriah condition generally, but tho bears
B rentlr taking little
r. while the hulls
w orlcea can ho hat
THE ATLANTA GEORGIAN.
mi HMMT, JItl/T ». !*«•.
11
HI WHS DOLL
DO fHTIMLtSS
JIVERP^OI* OVER THE HOU-
■ DAY WAS FAVORABLE.
Kew York's Response Was Fee
Me—Weather Over Belt
Continues Excellent.
Private Wire to filbert & Clay.
New York, July 6.—Liverpool at 12:30
m. wee 6 lilgbt»r; wii expected to be 2 i
The New York Commercial aaya: It Is
ate ted by large cotton mill iuteresm that on
coarse yarns /or distant delivery the mar
ket Is soft, Attil that mills uro willing to
accept contracts nt concessions, now that
they are able to get yams at lower ranges.
Nt
Orleans, July 5.—The western fore-
for generally fair weather tonight
pt shower* In western Texas. Frlai
to be satisfied
KH held steady until such
LkPm present prices can be made to look
.ttrtctir. to buyera for Invcluicnt. They
rialm tbla time will come In the near fa-
’’■S', hears bars no conclualve argument
ti 0 fer tor lower prices. They would hars
£* cotton trade believe that crop proa-
sects are brilliant, and that a big crop is
'Tprospect, though as yet they have not
‘i&ed It will be a record breaker, and
a little doubtful as to whether it
-u. equal the previous bumper crop,
vllcb. the bulls claim, will not leave nuy
too much In the visible supply after the
world's requirements for . consumption Is
utlsfied. to carry over Into next season.
Texas shipped Its first new bale of cot
tos to New Orleans yesterday. Last year
first bale from Texas was received In
few Orleans on July 14, and In 1904 on
Receipts at Galveston today Includes one
Tin* following telegram was received by
local exchange today from New Orleans:
•The first new bale has been shipped
) our exchange to be auctioned; the pro-
teds to go to the charity hospital here,
it is further said that the lower Itlo Grande
tiller contains 1,000,000 acfefi, half planted
a cotton, and will produce 1,000,000 bales,
lid that the other half la planted In cane,
isd that the United States need Import no
■see sugar cane."
- -hits nt OalT
... If new cotton. ■■
For the half week, receipts St the In
terior towns ore 4.707 bales, against 16,-
tt last year and 913 In 1904.
Shipment* 8.748, against 22,412 last year
*1 2.927 In 1904.
Stocks 118,176, against 122.217 last week,
r7.«U last year and 68,416 In 1904.
In New Orleans Is gaining sti
sharp advance wns scored
•unlng trading, aelUng as h„_ ...
It Is thought thcro will be some
thing sensational doing In that option be
fore It passes out
8POT con ON MARKET.
>ew tors—yuisi. iv.ow.
few Orleans—Quiet, 114c.
Jvrrpool—Steady, «.00d.
Augusta—Quiet, U S-18c.
KtTaonah—Nominal, lteic.
St. Louis—Quiet 107kc.
LIVERPOOL COTTON MARKET.
Litsrpool. July 6,12:16 p. tn.—Cotton, spot
quiet, with prices steady; middling up-
Is ads 4.08; sales 7,000; Amerlcnu 6,200; spec-
station and export 600; receipts 23,000;
American 22,000.
Futures opened steady.
Opening Previous
Range. Close. Close.
5.7W.80 1.78 6.79
■lulj August 6.74-6.76 6.73-6.74 6.74
Aufiist September..6.67 6.60-6.67 6.68-5,67
t. Oct. 6.63-6.60.6.69 6.63
-November.. ..6.64-6.65 6.66
r.I»ec 5.64 6.64
dan ..6.63 6.64
Feb 6.64-5.63 6.65
March 6.66 5.66-6. W
March April. . . .6.57-5.68.6.68
Close.] steady.
6.64
6.63
6.68
fib
fair In l*oulalana and Arkansas nod west
Texas; partly cloudy for the balance of
the d 1st!ret
Today’s map Is, with the exception of
light rainfalls on tho Atlantic const, very
drr, with weather conditions west of the
Mississippi river generally cloudy.
Kastern forecast Indicates fall weather
both tonight nnd tomorrow for all of tha
sections.
Market Is featureless. Tuesday's report
seems to have imbued the trade with eveu
stricter conservatism thnu heretofore.
Private Wire to Ware A Leland.
New York. July 6.- Cotton market opened
quiet with light trade and no special fea
ture. ttcnlpera disponed to sell.
"Steady, featureless
Rrownsrllle, Tex., July 4, wires: The
first halo of oottou In tha United States
of the cron of 1906 weighs 660 pounds,
good middling, has been shipped by
Brownsville Business Men's Club by wt
Fargo Kxpress to the New Orleans charity
hospital.
FOR AMERICANS
NEW YORK SHOWED GAINS
AT THE OUT8ET.
After the Opening Trading the
Stock Market Continued
Strong.
_ Improvement
vhlch had set In In Tuesday's market coii-
* -■ * more decisive fashion t«xl*y.
■ the holiday was
TODAY’8 PORT RECEIPTS.
CSV today, compart
1906
1906
fvw Orleauk
Mfrntoo
loMl.
& h „
::::::
ss*
•oWsi^rp
York
"•ton
P’WhiMphln
•1 33
S
1349
h
to
1196
tv)
3606
300
164
1637
"»
184
| Tout
8881 *
9706
interior n
lOVEMEf
fT.
1IM
1SP6
Hotutnij ,
^«rwt* IIIIIIIIII
Brtuphi.
h- Com*
Uartn&atl
70
•»
1613
l fA
*690
Taut
Ml
1 ssa -
GIBERT & CLAY’S
- DAILY MARKET LETTER
»*» <Jr etna. July S.—Liverpool cloned
Tr-f.* 1 waa of l point on ,uiiun«ir uiontbi
,-T. * l * "Inill.r ndrnueo on ill.’nnt. no-
Spot aalea amonntoil to 7 *.« Do Ira,
• l l onoutlono being ntosd J potnu.
•r fhi n *i fo disturb the customary quietude
kSj■% ssmSS bhss
rs&sy'SRS? pm&( B
I Si 1 ' ■* »M..nre onTjr to In creating
.kr-y-wnrert aplrlt of conaervatl.m.
wl “** noma complaint. in.
,.J they are fen- oml far la int-.-n
J***®* reference to tha prevn-
uSaa. .YFS™ “olotnro In localise. of
So *>»* l-.oir expected
wS E*!- "III foil. Of vacillation. and
f.ronin. ■“’reading dor of tho pment
'.rWh i„a‘'*' fc * r - A®* nnl r th« point mo-
£i‘ , 8l»proTen.bot olM tho 'abort lie
market end, Itedf nioro ,o.
nnd boson more difficult
rSS—.tn.at.
mill?"’ Mb *—WHEAT-Fevornble
pn«„ ~oi||tlon» over tho boltiUj nnd
ca* bonnon who mndn tom
r *o32V J f 1 . n 'w »h«nt oror Wo.lno»lar
•kr^SJ* Jk* »«tot rntlnc rothor wonk
S’ttTSi 'i* »BWr» oruh.n. Ihirlnc ilia
fcoloij".xiintop. proet-tnkl:,/ E
»Kff» !r JSL'V- !■
S Ho. tVhlfo it took. n.
•*rr*t i;,.,.Wu In onlrr nftor our
** Sta,'t!i r .to 1,ller " I* n-lMfijr In
, ‘ ° lh «t we con ooo at tho mo-
Tho net otock of cotton In New Orleans
I. .73,777 halo., ncnlnat S3.9U nt tbla time
Van r Til*, mil it of rattan an fdllp
hoard la %IS0 halo., agalnat 23.137 last roar,
WARE t LELAND'8
DAILY MARKET LETTER
Now York. July 6.—Following tho month'
I.v report hero TucMlay, tho Llrerjiool cotton
tnnrkot adranceil ratbor oa.lly sumo t
point, durlna tho holiday, so that thor,
was little disposition to sell during the
session today. At time, tho market was
prnotloallj* stationary, with prices ductuat-
hit: less than for sumo days. The range
jroved less thsn 3 point, for two hours,
huder these clrrmuatnnrea, little attention
wnn paid to new.. The mo»t Important
woo that from n news agency staling that
tho (laarttlil raj,art nil. fttr front ttlowlnjt.
In view of tho decline of 6 point, tn tha
condition of that state during June, tha r«-
port attracted some notice later In the <ln
In fenoral, however, tke market failed u
reapond to news of aoy kind. About the
only tradln, was that done by profession
als. It would aeem that the failure of
K lees to decline nt this time would menu
nt all tho best news had failed to drive
tie price under 10.21, nnd far that reason
horts were Inclined to cover, fearing ml-
ar.se development, during July or Augui
It will require Uno weather to carry on _
derllno. nnd the market Is now In a eon-
dltlon whore any change for tho worao in
tho crop would start buying. There la
little lu the market beyond having
every brook and selling out on bulges.
Chicago, July B.—Wheat—There was
quits a sharp break due to largo re
ceipts and lino weather In the north-
want, In fact weather cnmlltleiiH warn
perfect all over and local sentiment
was made bearish to somo extent, by
tho fact that country accoptancea were
quite large, with July sold against
them. Support appeared, however, with
shorts covering to some extent, al>
though' the northwest sold through ono
sat of houses and bought through an
other. Thera wore roporta of black
rust from various sections of Minne
sota and Nortn Dakota. At the cl.i.o
sentiment was somewhat mixed, but
one thing Is noticeable—that Is, around
present prtcM bean run very quickly
whenever the market shows any dis
position to advance.'
Corn—There was selling early on tho
flno weather and car lots showing over
tho estimate, although trade was not
very extensive. The Patten house was
buyera of May, while local operators
and the crowd bought September, nnd
the market dl.played a Mrnngcr tone
than ninny In tin- trade looked tor. .
Oats—Trade was rather small nt the
atari, hut heavy selling appeared la
tho September kind on local account In
a realising way, due to Improved crop
proepects In many localities. Offerings
were rather liberal for deferred ship
ment, and tho closing was easy, with
Uttto
prospeevts of prices working
lower.
Provisions—Very little trade In pork,
with packers on both sides of land and.
ribs, and while considerable bullish talk
was heard, due to the advance Jn hogs,
there was not much disposition shows
to take on long stuff.
New York. July k—Short covering wot
the chief sustaining Victor of tho stock
Following tbs movement
and continued Wednesday
' ‘1001 the hear, was ex-
gained In a number
toeg. orer o point, from (he low leri'
market Is entitled to a fuCher rail..
but the boar party la oot dUpoeed to glva
up without a struggle. It will only retreat
aa the powera aetuf bujrng ^oidera Into^tbe
buying by bidding ■ ' |
a. yet. The technical coodltl
market Is very good, and we
alert Interest la very bulky. I
tit .a an. shown by the actlou i
ket abroad yeaterday and hero MR! ■ ■
volopmenta Indicate a cbnnge for the tier-
ter, and we do not believe thet much will
■ "ihed by the bear party, for
, are nt the Intrinsic level, and
tutow Hint ther do not remain long on n
rule. Tho prospect favors a trading mar-
ket for a while yet. but we rt| her lean to
worn away. Tha professionalism of thing,
mokes a severe panlahment of the beer
party entirely wtlhln raseoa, end It may
come suddenly and without' warning. Con-
narrative operations ara still recommended,
bnt the sign ef e clearing atmoepbera most
not be Ignored by those whs desire to get
the boat reonlto.
ment to warrant any permanent recovery.
ithiN ho. Shows eenstdorablo otiiumth.
Offerings end soles by the country- have
been light, sad there ha. been .pecnlallve
haying of Importance la the pit. Offerings
MMiHtT, the market kavteg no nrnnenre
.hlerable corn Is going form
apply os salon previously ,
cost. Shipments today were larger than
the receipt.. Would inks prodtn on any
farther aarance. , .
OATS were lower on nnloadlaff of coo*
SSrSyCSSr hy'pernon/i*’exstnlnattoe
of crop* !■ dUtrtct* where ikorUfri war*
t£ M o?ZZh p !!Zti
mattered »pecmUtlTe bajrlnic «na oa rood
msfssst
CSSlOD*.
GIBERT & CLAY
•TOCKA BONOS.
T. COTTON. GRAIN.
corrag. provisions
ATLANTA. OA.
fort — . HtHStSS
sf ^2 ryyifir w b
Rxchaore.
rhnnt* 'ChlrflffO Hoard of Trad*. _
-h*n*^ Ur^rpool Cotton A Wn . lMll , ^ |jki*
Tr*a*.|G*lxc*toa Cotton Lkuidji
L
ri rvifiT Orl^n* Stork Bx*B*Qf # utirpwiw--VVo-iMt
Coffe* LxchiDg*.j.N>w organs Hoard of Traae Mialxcatoa Cotton EuUlH. \vif^
>1 mmA • I'rlxat^ wire, to ail ExcUox**- '1-iight
•I Mi Long DiiUnon Toltphonn 529*. —■- W. R* FAGAN, Mftnngtft judj.
m
What little demlopnfi
In the main favorable to the market. The
Hank of F.uglaud made * poor ahowlnr Id
weekly atatamtot. th«* proportion of
rve to liability fnlllug from 47W to 41\
per cent, but tbla wna no more than tha
normal extent of tho shrinkage In the week
of the quarterly nettleiuents. In a fort-
nlght'a time, If precedent la followed, tho
lo»* Ju tb* reaerre ratio will .bo fully re-
atored. The statement of tho bank made,
therefore, no particular liupreailon upon to
day's dealing* abroad. On our afdo an
engagement of 31.60J.OOO Auatrllan gold, ar
ranged yeaterday, was well received, but
art iignlnst this the local banka loat $200,(KM
t• * tho aubtreaaury lu the 4H hour* up to
this morning, deetroyluf all the prerlotit
gnln on the week, lu toe local atock mar
ket It cut onlr a perfunctorr figure. Tho
advance In prices waa baaed chiefly upon
the betterment which It waa felr had takeu
place In the market's Internal position oa
the result of tho recent exteDBlvo liquida
tion for abort account.
The market opened after the holiday with
generally higher rango of quotation* for
Amerlcnu aecurltlea lout by London. At
the outset the market showed galna. Grunt
Northern gained 1, Anaconda gained 4H<
Amalgamated and Colorado Fuel gained
pur cent, nnd American Smelting was up a
point; Hteol common advanced \ and tho
preferred uind© a similar gain. After the
opening trading tho market continued
afrong with tho opening leTol Improved.
Tho atock tnnrkot ruled strong all through
the flrat hour with Loudon an Important
factor on the bull sldo. Amalgamated sold
as high ns In London, when It waa 98*4
here. Arbitrage brokers were good buyer*
* ‘ uintcd, Hteels, Union Pacific nnd
... Central. The way stocks moved
up Induced some urgent covorlng of shorts.
Commission house* did a fair business oa
long side. . _ . ^
Governments unchanged. Other bond*
wore generally lowor.
Amalgamated
Atlantic Cooat Line
Amvilixn Hugar Itofinlug..
Anaconda
American I*ocomotlve
do preferred..
American Smelting Itofinlug.
do preferred.
Atchison
do preferred
American Cotton oil
Baltimore and Ohio
Brooklyn Rapid Transit
Canadian Pacific
Chicago and Northwestern....
Chesapeake aud Ohio
Colorado Fuel and Iron
Central Leather
do preferred
Chicago and Great Western...,,.,.
Chicago, Milwaukee aud 8t. Paul.
Delaware nnd Hudson
ni»»niA.»B Securities
American lee Securities
Louisville and Naahville J!,««
Mexican Central
Missouri Pacific.
New York, Ontario and Western
ovx-w tuiR. oninno ana nimrrn
National l^ad
Northern I’aclflc
New York Central
Norfolk nntl Western
Peunsyiraula
People's Gas
I'rcascd Steel Car
_ do. preferred
Pacific Mall
Rending
Republic Steel
Rock Islnnd
do. preferred
United states Rubber
do preferred.....,.*
southern Pacific
Sloss-Sheffield
Tennessee Coal nnd Iron . ""
Texas nnd I’aclflc ,*
Union I’aclflc.
United States Steal ..,!**!*****'
do. preferred..., ’
llrgloln-Carollna Chemical........ M "
_ ( i°. preferred
Western Union
A abnah
_ do. preferre<L, *
Wlsconslu Central
(In nrnfArriMl . ••••••••-•
8TOCK 8ALE8.
11 a. tn..
12 noon ..
1 p. rn..
2 p. m..
..904.700 shnrea
..896,900 all ares
..607.400 thaw*
..617,200 shares
RANGE OF THE COTTON MARKET
MONEY ON CALL.
PIEDMONT BROKERAGE CO.'8
DAILY MARKET LETTER.
New York, July 6.—Extreme dullness la
.jo cotton market today. Liverpool did not
take the figures of the government aa bull
lili. and spots there wero a couple of
points lower, with smaller sales, lho con
tinned excellent reports <>f the growing crop
Is encouraging the shorts, and they are be
coming more active. The fact that the
first now hale of cotton lias been reported
from Texas, but tho eventful yield will
pend on conditions Inter In the season.
"*”OCKS—Tho tendency of the stock m
this morning was In thp direction of
better prices, net gains being recorded In
the mnjorfty of issues. Covering of shorts
was chiefly responsible for the Improve
ment, and while very llttlo outside busi
ness was reported, sentiment seamed to
hare changed for the better. After two
weeks of severe decline, a sharp rally was
due. nnd advances today were from Wf3
points. Rending, Pennsylvania, 8t. Paul,
and the Steel Issues showing to better ad
vantage. Dullness around the noon hour
oud a slight reaction from the high points,
bnt the market seems to have adjusted
Itself to a better order of thlugs, aud we
believe stocks hooght on the weak spots
will prove profitable for quick turns.
THE LIVE 8TOCK MARKET.
■Chicago, July
today fiOOO. I
nmmmkmmm
bulk ..
25.00); mixed
mated for tomorrow
95; heavy $&26@&K
pigs
; heavy $«.25R«.9G;
__ J 36.25^0.66; torken
M.7D , dfl 92Vi:’i;«od’ to choice heavy $6-S5#tf 96.
Cuttle-Receipt* estimated 13.000. Market
strong to 40c higher; quality fair; hecrei
ti StiVm: cow. if.Tust.*: h.ff.r. *£*.-««.io
calves 13^6: good prime steer* $5£C.l)
poor to ^medium 3190^4.80; atockers -- 1
'SbMp-%oMl,n 13-000. Market otron.or:
nos lit, good: »»*!»•• JKW«; t w-«l,rn WXSJ
6.10; ycirlln^ $S.75tf6.2&; lambs $5U7.3u;
COTTON 8EED OIL MARKET.
Now York, July 6.-Tbe tradlnk was qulIT
and wholly of n profeamaoal character in
the cotton seerl oil market, and «J«re
generally higher, due to the limited offer
ings. The only Interest na a rule waa mani
fested In tho July option, of which 6.000
barrels were delivered oa contract. It Is
■aid that tbero are hlda in the market for
large lines at top prices. Tho other months:
were also higher, but with a light trade
and the market close* strong, eaus«V ter
the strength In tho provision market and to
some extent to the government report on
cotton.—Ware A Leland.
July
August
September
October
November
December
Closed steady.
CAREER OF A MONOPOLI8T.
When at the tender ego of four
An apple he devoured with xeot,
proved there waon’t any Cora— „
Ha took the reiL
Grown up, he had the luck to find
A girl with wit and beauty blegt;
She gave one kite, "Ju«t one, now
mind**—
He took the reiL
In business a monopolist
He quickly rode on fortune', crest;
No competition dared re.let—
He took the rest.
At Uet hi* health could not endure.
By care of millions aore oppressed.
Physicians all advlaed a cure—
He took the rest. .
—NSW York 8un-
yiltlonslre do Psrlsl—What msk.s this
'old nioitcr” cost so miKh!
iD-.I.-r—They are getting .rarce-tbe
workmen nt th. f.ctory hsve h-on on a
jtrtko for .lx months!—Cblcsgo hews.
r-n-k
' V*
. - i,.-I
ippoie you regard your election ss s
>f conflawsCe end e.teem?"
.. nu.wered the podtlrlBn: "It .ho«r.
'tritely Hint I .tend well with th.
In our dl.trlct-"—Washington Star.
old
So. door.' 'Nothing roold !-...!My
tour, than J-i.t to ho jourw—
AT NEW YORK.
The following l§ tb* range lu cotton
futures Id New Ynrk today;
t i pjp* 11 *
July .lain 10.18 10.18 10.18 10.21 23 10 22-23
Aug, .10.27 10.33 10.25 10.32 10.22-33 10 27-38
8*Pt .I0.2S 10.82 10.28 10.3J 10.S2-A1 101
Gcf. .10.28 10.32 10.24 10.81 30.*>-3l iol:
NOV« to..., oos.o ..... 10 31-33 lO’
Iloc. .10.31 10.7.7 10J7 10.31 mst no to'i
ifD. .10.35 MM last 10.88 J0.87.J8 10.:
3Ich. .ib',43 lb.47 io!« ia« !o;t6 47 !'X«41
Closod sleady.
TIPS FLASHED
From Wall StroeL
Prlvato Wire tn Glhort h CIsy.
New York. July 6.—Daniel Odell A Co.:
“Extcnalon of Tuesday afternoon'* rally la
very likely in the stock market today. It
looka very much aa though a holiday trnp
for the bears had been aoL There ahoiild
bo heavy abort covering, nnd, na Intimated
Tuesday afternoon In some of tho ndvlcca
submitted. Improvement of a radical ehnr-
. ... —-*— -•—•— tltt “
: will
reasonable rettTrnVotifht not to be neglect-
Marshall. Spader A Co.i "There ore no
now developments over tho Fourth to
inako any especial fmprexlnon on the trad
ing public, but tho London market yester
day and again today reflects rather more
confidence Jn American share* than has
been noted In the recent past, and In con
junction with the etrengtl
AT NEW ORLEAN8.
The following Is the range In cotton
futures in New Orleans today:
^ ^ Last Previous
Open. High. Low. Hale. CIo«e. Close.
July .1L06 U9 11.06 10.18 11.18-19 nSB
Aug. .10.66 D.63 10.64 10.63 10.81 -62 10.5446
8ept ...... ...^ ..... .. tll lafMO fa3MI
Oct. .10.19 KXIfi 10.19 10.26 10.24 25 1 0.21-23
Not M.ii 10.26-27 10.23-28
Dec. .1024 10.28 10.22 10.28 10.27-28 10.24-26
Jan. .10.34 10.34 10.34 10.34 10.23 84 10.30-81
Keb. 10.36-37 10.36-37
Uch. ...... 10,45-40 10.43-44
Closed steady.
favor taking on the good stock* men-
Tho market dlaplr.ys n decidedly !m
rovod tone, nnd hr.vo aplendld reasons tc
Hove that It will last. Rending In the
■M, vMf RMg OmMm
Ohio and Norfolk are l
cover to ,
crowd seems to be selling It on rallies.
We would huy ft on recession! of propor
tional extent
NOTES ON GRAIN
Pointers on Prorlalona.
Trieste Wire to Glhert A Clay.
Chicago, July L—All crop* have enjoyed
most fuvorahle weather condition* over the
holiday nnd the outh>ok this morning Is
for h contlnnanco of them. Cubic* mi
wheat Indifferent. The only bull csrd at
the moment li the poRMififllty of damage
northwest. Barring this, prefigure of now
wheat Is likely to force lower prices.
Corn and
There Is sotno !o
Aggressive bull effort Is
prices.
Price current: "Winter wheat
under way, Homo threshing yield and
quality equaling expectations. Lfnoriti early
marketing unlikely. I'orn mnkltig g«*o<1
progreag with warmer weather. Oati Ini
proved w hero not pest help.
ALL THE CEREALS
OPENED LOWER
DUE TO FINE WEATHER FOB
HARVESTING.
]S,0tt> BuaheiB wheat. 166.u>» bushels com.
Chicago Record-Herald: Clear weather ha
prc\ailed gaits generally uvor tho wlnte
wheat sections of tho southwest during thi
last forty-eight hour*, but tnero huve beei
rains through tho Ohio valley. The uorth-
weat had Tight scattered ruins oa|it tha
■srwnisrooa of the Spring wheat states
on Tuoaday. Prediction* are fair for l»oth
•action* today. The trade will watch with
some Interest today tho extent of the
“heat marketing* at tbo Country stations
If probable that they
r* A *VC® they were n year ago.
On tho day following toe Fourth last year
nil points bad approximately four d.-ijs r ar*
rival* to exhibit, a* loading exchange* were
closed flundsy, >I*>n«Jey and Tu«*a<|fi|’. To
day tho arrivals will represent only two
days' business.
There Is over
State* In nut ,
out* f"r th.- entire vein-.
There I* no uew business of Importance
being fixed abroad In eofiffn grnlu, accord
ing to tho atatomenta nf New York export-
tin nptmn a waiting development* ou
this side and the effect of tho uew crop
litot ciiient.
rrlvntw Wire to Wore A Leland.
Chicago, July 6.—The Inter-Occan any*:
Hales of raMi grain lu Chicago were 126,000
wheat, 176,000 corn and 150.0W oat*.
Tho wheat sale* Included 20.000 No. 2
bard at 3c under July In afore, bt.000 No. 1
northern, port at 2 and 2Qc over September
In store and 26.000 lumliela mixed lota.
Seaboard *nle* were uo «hjo iniHhela wheat
for export, Inclndlng CI.Ooo Manltohn. 24,OiiO
bushel a low grade Duluth spring and 32.0J0
bnahola Macaroni.
Charter* wore 76,000 wheat at lQo and
OO.ooo corn at lHo to Buffalo.
The flrat black rust scaro to cotno from
tho northwest arrived Into Tuosday nnd
gayo tho wheat bulla an opportunity to rally
prices n fraction. It wns from NorthvlUa,
South Dakota. The measogo 2pad: ’’Wheal
covered with red rust, and In soma places
black rust has been discovered in tbo east*
ern part of Hoatli Dakota."
The wheat hull* nr« anxiously looking for
every evidence of black rust, as they look
upon it na the help they can got to hold
prlcoa up.
July had an oversold appearance nt the
rloso Inst week, but since then conditions
have changed, and July-has gon** from He
premium to H f * discount under Hei>t*>mher.
Tbo unsxDOCted delivery of 73),0Q0 bu*iiels
on July Monday and 165,000 bushels Tuesday
developed the fact that tho com was not
wonted by shipping houses to any extont.
and tho receipts hnvb circulated freely ou
delivery.
Will farmer* sell their whenf freely nt
60lifl6e In Santas when thn quality la good,
and with everything elso selling nt high
nrlcee? Toll la lho question that Is agi
tating wheat speculators. Tho hulls claim
they will not sail.
Minneapolis Declined a Large
Fraction—Shorts Were Beet
Buyers of Wheat.
By rrlrato I.,ai«l Wire.
Chlraio. July 5.—Th. hull. In nhrnt of.
t'.niptM to force that market upicar-t h,
tiuyln, corn and starting a bull movement
In that cereal. Morthircateru butt, wero
not Idle, tellln, of Mark runt up there,
t'llt It marie Ita nnpearanee ou the tmahelo
yesterday of one drin. Wheat rear-led eotu.
rroiii thn bottom late, but clotcrl '.CSc
lower.
Corn rimed Lc Maher.
Oat. were off '.BUr,
I'rnr t.tnriH Were up 7Sff7tie
Caili aatea of No. 1 rnt at 80'ic to ar-
rlro In alxty day,.
Araentlim atilpmenL. for wink w.r, e,tl-
mated hy Iiroomhall at l.son.nno wheat ami
:.»n.om corn, compared with LOWOO and
:',:..Mi.i>yi, re.pceilvcly. n year nro.
The Hnnaarl.il wheat crop l«.officially
catlmaleil at 180,(00.000 compared with IS4.0W
n year aao. Na 1 roil winter mild \c or.r ■
Jteptemher on track with He orer Keptetn-
• nd
m.mi. re.pectlvu'ly.'t jear aaa " *
(Menranca of wheat 133,«», corn 111,.
000 nnd oat. 1,100,
CHICAQO GRAIN MARKET.
The Chicago from market ronfod aa fo|.
Iowa today;
Open,
ft
19**
HO'*
WnEAT-
Julv. .. 79U
Bept.. . 19%
Dec. .. UQ
CORN—
July. .. 6144 61U SI>i 51%
Hopt. MS 52*1 SIS su{
Doc. .. 49Vs • 60Q 49'.* 49VJ
OATS—
July. .. MH
Hept. .. MB{
- . , , displayed here
Tuesday there Is ground for heller In
Ita continuance. We expect the market
today to show a good tone, and believe
Union 1’aclfic and flouthern Pacific. Read
ing. Now York Central. Hteei and Metal
shares may show the effect or a covering
movement In any event, if not something
bettor."
The New. York Hon Mys: ’’Atnerlcnne
were aelllng In London yesterday, regis
tering averago gain* of more than H ,pcf
cent. Reading led with a gain of 1*6 tmlnta
and Now York Central and Pensylvaola
gained a point and 74. respectively.
Private Wire to Ware A Leland.
Now York, July 6.-Bank rate unchanged.
London Improved all around. Americana
H61 per cent up.
Disposition shown toward going alow In
ear operations, for tbo market Is largely
rersold.
There are Indications that money will
work some easier within a short time,
and take ouch storks aa Baltimore and
Wo, Atchison, Missouri Pacific, Norfolk,
.nltod States Steel nn<l Copper*. They
are more attractive, with prospect* of Cop
per going on an 8 per cent dividend basis,
end steel trade conditions unexcelled.
Bear campaign seems nearly over, and
aronnd present levels or on drives, would
The Hebrew Standard publishes a list of
no fewer thin nlna United Htatos Jewlali
chaplains who are employed In Greater
SOUTHERN EXCHANGE
OldMt Eitabltohod Offlco South.
cottm—noon—mot—bum
Oround Floor Goul<l Building. Dolly
market letter and market manual
malted on application.
LJ. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, BRAIN
CormpeaSsst't CipNil $250,000
RCFKMMCr. THE MCAL BANK
rhonc «<err. pmh>kntial oloo
HUBBARD BROS & CO., mSants
Atlanta Officaa, 21,-JJl Century Building.
Member. Now York Cotton Exchange. New Or
leans Cotton Exchange, Liverpool Cotton Aaoo-
datlon, Chicago Board of Trade, New York Cof
fee Exchange, Naw York Produce Exchange.
Buoinaaa solicited for tha a bore exchanges.
Direct wire service. Correspondence Invited.
Phone, 454, Long Dtetancel,. A.S. Huataca. Mgr,
COTTOnYg^I^, ^RC^IsfePiiSAcK^BONDS,
Is. 2 Well Sf., Psfsu fe/ffifsf, AMssfs, fie.
m tints
Bern Jerk Cents lukeeee.
Hew Orleans Celles tathee$e.
Utereeel Ceffee Aaaeeletlee.
ChUeee Beet4 el Tn4e.
Chlteee Heti tstheeee.
Mew Jet! Cellet hthe*$e.
PIEDMONT BROKERAGE CO.,
(Incorporated.) Basement Floer Piedmont Hotel.
STOCKS. ROND#. CRAIN. PROVISION#. INVESTMENT#.
Foot Wire 8ervioe from New Yerk; New Orleone, Chieego.
CORRESPONDENT#
M. j. SAGE A CO.. 43 RROAOWAY. NEW TORN,
ftp. BOTH. Maetfet.leeelse4lee$ Distaste Bell these 1941.
NEW YORK COFFEE MARKET.
Following Is ^Iren th© neaping and cloajng
o Now York cuffeu market
January .
IVbruary
March «...
April
May
June
July
August ...
Jfuvstnpor
Peeeabor
Closed steady.
Opening.
6.00-6.70
t; or\ a 75
»; *«» •; sft
f; nr, k :«
« *ki «; •»;,
» ; ir 7 J*
0.964.26
«>Vd.«6
6.35
0.36-6.46
r, in •; Vi
6 56 6.60
Closing.
6 60 6 fir.
0.6(66.7(1
r, 71. ft SO
«• VI r; to.-,
H Hi, 8 '.HI
690-6 96
IP 20
r, .H) n j:.
6.25-6 30
6.35 6.40
6.40 6f 1
6.604.o6
38*4
36 V*
17.66
i; r.
1190
L90
'* r«
»**
38S
"S
Doc.
FORK—
July. .. 17.66
Hept. . . 17.15
Jan
-
July. - - *.90 8.92*4 0.90
Bept.... 9.06 9.10 9.Q2H
Oct. . . 0.074 9.124 9«4
SIDES—
July. . . 9.524 9 66 9.624
Sept. .. 0.65 0.60 9.66
Oct. . .. 9.274 9.324 9 274
CASH WII EAT—
No. 2 fed new A0U: No. 3 do 79<ff&0; No.
| hard winter 7H4'ff*iu; No. 3 7662*0;
No. 3 do uow 7i44i»04; No. I northern
ejirln/f M4; No. 2 do 82Qfi83; No. 3 spring
NORTHWEST CARS*
9.824 0.80
0.66 9.66
9 274 9.274
Minneapolis ,
Duluth
Chicago
Today. Week. J>
CHICAQO CAR LOTS.
No Obstaofe.
From Tho American Hpectator.
"Tha new automatic telephone ex
change* will do away with the Ventral
girls/ •
’•Qront! A man can awenr through
i ’phone without getting a call
n>n *’
shall be Inserted 4n the pavement.
Wheat
i’orn ..
Oats ...
HogS a.
Today. Tomorrow.
LIVERPOOL GRAIN MARKET.
Wheat opened 4 lower; 1:30 p. m ,
lower; clo**fl U to ■* lower.
Corn opened U higher; 1:30 p. tu., na-
changed; closed '» lower.
PRIMARY MOVEMENT.
The following figures give tho primary
movement of wheat and corn:
Wheat—Receipts today 517.000 bushels,
ngnhikt 342.000 ln*t year; ahlphient*, 117.000
bUtobel*, ngNltiNl 200.000 laat vrar.
~ “ t*«day 718,060 bushel*,
nts, 966.000,
Corn-Rerpiut* t,xiay 718.0
xnfnst 1.008 ohi h*t year; shipin
against 370,000 last year.
ATLANTA NATIONAL BANK
ATLANTA, GA.
C. *. CUnmRR, .ra^dant- A. S. THORNTON, Vlra-l*ra»ld»,A
H. T. INMAN, vlra.ei'»»ld*Bt. OKO. H. DONOVAN, Caahiar.
JAMB* FLOYD, A art Caahlar.
Capital 3500,0Sf.«
Surplus sod Undivided Profit* $500,010.00
We Solicit Your Patronage.
>0,000.00
CENTRAL BANKS TRDST CORPORATION, i
CAPITAL $500,000.00
If you contemplate opening a new account, or changing your prraant
banking arrangement, and wl«h tn connect youraelf with a »trong. ennaerr-
atlra hank, fully equipped to aerra you aa your bualneaa Juatlflea,
Invite you to call and talk the matter over with ua.
" ■ 1 ~—w...!imin^t^max=aa=^XS II li.EJI ■ I
Aaa O. Candl.r, Prs.ld.nt.
W. H. Pattaraon, Vlea-Prealdant. A. P. Calaa, Caahlar.
John 8. Omni, Vlea-Praaldani. Wm. D. Owana, Aaat. Caahlar.
MADD0X-RUCKER BANKING CO.
CAPITAL $200,000.00
SURPLUS AND PROFITS .... $500,000.00
ACCOUNT# INVITED
Wc invite accounts of individuals, corporations, banks
and bankers and offer the best terms consistent with
conservative banking.
In our Having. Drpartmrnt we allow Jntarest at tha Bala of 8 1-8 par
cant. Compounded Semi-Annually.