Newspaper Page Text
ATLANTA GEORGIAN.
FRIDAY. Jt'NF
JOSEPH B. LIVELY { THE GEORGIAN’S RECORD OF MARKETS AND FINANCE
COTTON HOLDS
ITS STEM TONE
yUJCUATIONS COVER VERY
NARROW RANGE.
Hewi Generally About Stand-Off
and Option Trading
Ii Small.
NEWS AND GOSSIP
Of the Fleecy Staple.
Private Wire to Otbert Sc Clay-
New York. July 1—Liverpool nt 12:30
rn. wns 2 and 3 polnta higher, which
Snu Antonio.
there ore reports of rain In
Since the holiday speculation In cotton fu
tures has been practically dead. There I*
sotblof Hi the news that hn* not been
known for the post two or three weeks
to Influence the course either up oi
^The lending bull would have prices nd*
TaD ce. nnd doing everything In his power,
In the way of bulfish literature, to accom
plish this result. Around the rlogsble, bow-
, cm. h!s brokers do not show the ag
gressiveness required to boost prices. In
the meantime, It Is reported the Booth Is
got following his lend, nnd tiro said to
be the best sellers. This notion on the
pert of the South, If true, plays into hts
hands, as he will be enabled later on to
force them to cover at better prices.
The New York Commercial, reviewing the
cotton situation, snys:
••Liverpool la disposed to be more bull
ish Just now than is either New York or
Kc* Orleans. The American markets bare
been Influences! more than has Liverpool by
the selling of the South. Liverpool la pay-
lag attention to the statistical position,
god «o*§JUerIng more closely than the
American markets, perhaps, that the stocks
In Great Britain and the continent are
small In comparison with what they should
I* with ns much business In front of the
mills ns there In at this time. Tho show
ing made by Liverpool yesterday would
higher level of vafnea nt this time.
"The government report Saturday did not
change nuy one’s opinions. It was too
uearly what was ntiTb-Ipntcd. although the
tear* had had very strong hopes nil along
that It might be something
*'*' ■ ure
Ming to
r the July
wouderlng
i predictions are go
ing to coma traai. Theodore II. Price
has gone on record with the prediction
that the Immediate future Is going to
see the most lively excitement nml the
heaviest trading the cotton market has ever
known. Price la still a hull, and he bases
this statement upon tho belief that there
Is going to be au active bull market.
••A majority of the local cotton men can
see nothing In the situation nt all that
bolds out any promise of n bull mnrket
at this time, and ns they nre Inclined to
the lienr'a aldn they can not agree with
Mr. Price and Ills optimistic prophecy.
The general opinion Is that It will tnke
a period of very had weather In the belt
to muse any material advance, nml unless
New Orleans. Jnly 6.—Liverpool 3 op re
spends fully to our small gains of yester
day. Was due 2 to 3 points higher.
Market narrow, but with a steady under-
tone caused by some buying im the part
of aborts; otherwise featureless.
of belt, the precipitations occurring being
confined to the Atlantic coast.
Western forecast Indicates generally part
ly cloudy weather with showers probable
In enstern Texas nnd southwestern Texas.
eastern forecast
veather with showers on the const for
he Cnrnllnna and Georgia; showers for
Private Wire to Ware St Leland.
New* York. Jnly l-Cotton holds firm.
Liverpool has sold, but offerings readily
taken. Looks like Price a cood l.i\rer of
October nml December. With little In
crease In outside buying, market Would ad-
Leaker-Goldmnu weekly weather report
anya: "Our reports from sontheast Mis
souri. Arkansas nml northern part of In
dian Territory during the week Just passed
are quite satisfactory The weather has
been favorable In tlT* main, seasonal)!
hot weather with good rains, Just as want
*d. nnd the growing cotton cron is con
tinuing to make good progress. The fields
New Orleans. Jnly «.-Report! from the
Pan Antonio and Aransas Pass railroad
are flattering. Cotton Is In good shape
nml will make as large or larger yield
than It did last year. Roll weevils ni
reported In but few places. This la froi
51 towns In southwest Texas.
The net stock of cotton In New Orleans
Is 39,011 bales, against 51.969 st this jinn*
Inst jresr. jrhe amount of cotton^on ship;
year.
25,450 bales, against 32,082 last
Futures are excessively dull. Contrary to
whnt has been the rase for some day* past,
the new crops are nteadler than the old.
July Is easy, but October and December
nre very steady. Hhorts do not like reports
of too much rain and consequent crop de
terioration In the Atlantic* Spots are
Unit put steady at quotations.
The first hale new cotton auctioned on
floor of the cotton exchange, weighing 626
pounds; classes good middling ami was
sold to Inman, Nelms * Co., who bid
SPOT com ON MARKET.
Atlanta—Steady, 1994c.
New York-Quiet, 10.80.
New Orleana—Quiet. 1114c.
l.lTer|)ool—Steady. 6.0M. •
Augusta—Firm, llttc.
Savannah—Quiet. lo-V.
St. i.ouls-Hteady, 10T*c.
LIVERPOOL COTTON MARKET.
h prices unchanged; middling up
land* 6.08; sales »,(►*'; American 4,900: spec
ulation and export 800; receipts 8,000, nil
American.
Futurea opened steady. —.
Opening Previous
llange. Close. Close.
July AJf 5.W fi.78
July-August..
Oct.-Nor
t 5.«1
Isa.Fsb
February-March __
Msrrh April. . . .6.60-5.61 5.64
Hosed steady.
TODAY’8 PORT RECEIPT8.
The following table show* receipts at ths
K a today, compared with tho same day
year:
nsTann*!
Chariest)
Wtlmlngi
UM
1905
«
SOW
4§
i
1391
4719
ua
2MD
=3
443
•jo
ki
Hi
m
13131
INTERIOR MOVEMENT.
Houston
Augusta .
Memphis v
Lulls
' iMonatt
Total
WARE & LELAND’S DAILY
COTTON LETTER
New Orleans. July 1—Cotton waa quiet
hut steady today. The one feature of the
market was the squabble over rains in
Texas, whether they really happened or
not, or whether they were really needed or
not. The best information obtainable wns
that rnln fell In portions of south Texas
nml that It wns welcomed. Weak shorts.
Uowover. covered Just* the same, and put
prices un on themselves. From the New
York boll camp came some alarming lit
erature concerning the lack of moisture In
Texas, nnd it nerved to further Increase
the nervousness among the bears. Too
much rnln was again complained of in some
districts In the Aflniitk*. but when evn-v-
thlng was said, nothing approaching n crop
-scare was hatched out. A good old-fash-
ioned crop scare would Ik* the most wel
comed thing In the world Just now, for It
would get the market out of its present
rut and bring In some business. As yet
there seems to be no good basis for n crop
•rare. The country lx too short an<l crop
thing to
come, tbOL .
that It will be n miracle If the year pass
ing without a crop scarce which, with the
short Interest that exists, ought to cause
oil manner of fireworks when fully under
way. Trading wns featureless the day
through nnd the volume of business waa
very small. It was worse than a typical
summer market. Spot men bad the asms
complaint to make.
New Yorlc, July After an early
weakness caused chiefly by abort sell
ing the htock market advanced under
short covering Induced by the appear
ance of buying orders under the mar
ket and bidding up of a few special-
ML A round the top prices, a check
was noted In some of the leaders, but
the market displayed a disposition to
harden and remain quiet for a time,
with a sort of deadlock between the
opposite parties. The Indication* are
that no Important movement will take
place In the Immediate future, but that
liquidation subsiding aa It has, the
shorts, of which there are many, will
retire contracts aa specialties may be
bid up nnd Irregular Improvement to
. * j - we
position, which glv* the Indications of
vulnerability ahd strength from the
il point of view. We find signs
side la likely to be piade haxardous in
the Immediate future. We are In r
K rlod of uncertainty still, but the out
>k Is a little more promising, and
dally operators should be governed ac
cordlngty.
CHERT A CLAY-8 DAILY
COTTON LETTER
5KL , ", "i'*' - ''Ullfih ttrad Of Brntlmeflt,
W Hku . '» »» .draw,- of fr..ui
K H*"'* "» - '■*« opilou..
RJ. “• "Wtta. mta.fl, hat .traily la
sic”£i , ‘ l ‘ d.jr, tmsin... .mounting tu
ST*i'•'*■ atawlMMMl after Tho coa-
122*11* ?'■ *»-.»** .AUm9» Malm mom.
>iw J i! 1'ujla* l>» room .rattan »n.l
an n r ik", "''.rtag by lapuhif shorts.
"otam.V r /*L *>°Wta»r. «■«* InatifTIrlrlit III
»%"* “of» '»*-■ » ."tilt
1 '“Ha. a* il*y .drl-ra wore re-
“IM i22H n * b ** T r ,nlr| F CUT,'ll
■SC .h.V'I? ,r ®“ \Y«ro e«|ir.'.«-,l Ihp
ipmrlpitailoo, onstd In
'hi aL!"? 1 1,1 n —of mol.fare, nml
Atinm.***' *•* fi«y» tare f.llm on tho
I a. Lv. i,,! m* eot tartowly rarald.rad
fra ,1-5* r *"*H ext.njro ileuug., and e
protulillir. tl ' lr- r , wrattar In ell
l»n.i mWrtoat to emMe ita *rn..
form the basis of the
Inl«. nif»« I,.'r,'m,tVi.
OPENING PRICES
GENERALLY LOWER
TRADING AT OUTSET WAS
RATHER QUIET.
After the Opening the Market Be
came Decidedly Strong—Sen
timent Was Bearish.
By Private Leased Wire.
New York, July 6.—The action of the
market this morning made It clear that
the action late yesterday was an Intercep*
tlon of a recovery and not a fresh decline.
At the opening this morning the general
list went lower In sympathy with a decline
In the foreign markets. London's selling
was the most influential factor In the deal
ings at the start, but when the foreign
offerings were taken, which they were very
easily, prices started up Immediately, aud
In the course of the morning rallied with
more energy than they have for a long
while past. The leading Issues before fidtf*
day were back to yesterday's highest and
In some cases, above there high prices, and
the easy mnnner with which the upturn
was accomplished, created a decidedly more
confident feeling In speculative circles,
was more widely agreed that tho inalkcl
had a sold-out appearance, and that more
than one large speculative Interest was be
ginning to be embarrassed .by Its position
on the abort side. These technical condL
tlons, of course, took precedence over every-
RANGE OF NEW YORK STOCK MARKET
ida
Line...
r ltellnlug..
Ainerl
do preferred
American Smelting Refining
do preferred
Atchison
do preferred
American Cotton Oil...*
Hnltlmore and Ohio ...*..**.•.
Brooklyn Rapid Transit
Canadian pacific
Chicago and Northwestern..
Che&jpaoke ami oh Jo..# ..».»»»,
Colorado Fuel nml Iron
Centiul Leather
do preferred
Chicago nnd Great Western «...
'Chicago, Milwaukee nnd fit. l'sul j
i discussion.
on the stock escl
K»k precede
day x Ulscu
ptlons the
inginl Ik
TU; op
%
yesterday's close. TU* •polling nd
nneex were limited to H lu Great Northern,
lu Smelting. U In Steel preferred sml
the saute amount In Ualtlmore and Oaln,
while UeneiAl Electric opened up 5V4 high
or. The balance of the Hat waa neavy.
radlng at the outaet was rather nulet.
After a wavering movement following
the opening the mnrket became decidedly
Hat were nsL - -
room traders nnd many prominent operators
were aggressively bulll —■* ■' -—
hie In forcing prices
iut pi
ulflsli and had ,
higher level.
docllna.
In governments the 3s coupqo • declined
‘ Other Tionds steady.
STOCKS REVIEWED
BY NEW YORK SUN
bdn
let ruled ,
figures oT?bs ?b« wrather - orer 'the
entire spring wk ‘
the advancement
Vat It
ssi&Kigpi
ntb.r rauUau, rMll“K itat eta.*. I.
tb. rmullllau »*M b# fur tta wofv, #»
fMl Itat profit. taouM b. Ukrn ou «bort
u beat .ruuml tta prawnt„tor*)-.
Cora—Tta iu.rk.1 urea unit* n«fi» Mrly,
but wrakrurd tat"" ®"f.it*ral tallln* li]f
I nr,I crowd, cktat laMnm tafiMw om
tta murkrt were tta f«ror*U* Mote n-
port, aud jfood urruitar. Tta wraky.; I.
uhrat »o.ro»t» rautad »*» Iqubut on.
Arr-ptanrra. bowowr. Wta* *taj» r-pot'-t
.lit. \V. ran ora Mtblufi i. tta oltuadou
> worruut bl.bra v.lura.
ual.-Tbr market taouird rattar her*
a orattrrrd llrioidiltlau no trllln* ,, rata
ilrrrata Tta boot huilaf taitarn by
iorti. Wrattar condltloo. wera tafor-
_blr W. lid not be aurprlwd to »c mum
fU fi.riflo»o-t!rapHfi .tta djctlB. In prira.
hlgtar.
New York, Juno 6.—Tta Bun My«: "Deal'
when there waa n ennidderulile redueltnll It
the volume of trading from that lunlntalnet
earh day for some time nrevlmmly, am
Umlnutlnn In the aetlTity id the mar'
ket waa vl.ll.1e la various other ways.
Amerlenn .took. In Lonituu were quoted at
cmuthlernhle gaink in rate, nnd n heller
part of operator, for tta dedlna In tbl.
market, wbleh waa a promlarat featu
•Iteeulnilve tranuelloua nn Tueadny,
nsaleted by a aomewhnt larger volume of
purrhnsoH of atnek. for ftireyu neeount
than 1)11- been trllueaseil here fnr several
weeks. But toward the end of the day n
■ MML
the largrr portion of the early rlar. Final
prlcea were uut far from th» luweat."—
ulbert A City,
War. A Lalind’a Dally Coffee Letter.
New York, July 6.—The cofree mar-
ket . 11,< tl.-.I quiet .111,1 limdmllKod. Itl
keepIltK wllll the I ) It I ■ q ,fll II ettll|l'H, .III,I
In aplt. of bullish rumors concemlnK
the valorliatlon plan, the inarkot cnsctl
off a partial 6 polnta during the fore
noon In the abaenre of buying ordera,
and at midday wan net unchanged to
l polnta lower under dblea of no inoro
than 4,00" < > ■ Km "!-■ ■ t., he
offering a little cofTee here, nnd there
was tome further liquidation tty local
longa, while trade fntereete eeemed to
he the tiert 1,11% . t ,-t, \t lll. lt h:ir been tile
pairal eBaractar oA tta twalne e r.,,
tome daya paat. According to reporta
circulating around the atreet, and aald
to be authentic, the valorization plan
with the clauaa Axing tba nXNM AM
id the llrazlllan finance committee
weak and .Itonld bar. com. to a
vote In congreia on lost Monday. At
the .erne time,If Inve.tqra could be cer
tain that the scheme would be put Into
effect any time next winter, there would
undoubtedly be a big demnnd for coffee
contract., tu no matter what 111 event
ual effect, U la believed that for a
time valorliatlon would aucceearully
advance the price. There wa* not much
feature to the new*. Neither the Ilrn-
atllan nor the European market. ■■
ported any change and receipts were
about tha same as recently or a little
under thora figures.
Following la glvrn the opening .nd clnalng
quotation, of the hew York coBea market
today:
11 Alabama i
GIBERT & CLAY
STOCKS. BONDS.
T, COTTON. CRAIN.
COffCC. PROVISION®
HCMBKRfil
ATLANTA. OA.
Be* K«-h.a».'S.» Ofrar.. (..non F. ta.,.-r IChteara Beard e« *rad».
b '*» New nrle.ua Sind L. hraze If i ■
*W« UT*. Fir h«ng^ Vpa fi-l.-Bi,. M'.’irl *>'f f r n.. • ■ <. .•- •a ‘ ■ • '•
t *** 1 •"< Lena Dtetanc* T.l'^honV 526*1* 'W*. R- FAGAN. Manager.
H .
j nne Mr7,M S.98-7.00
JLvip 2S23
S3iKSr b * r ..::::K:::::::::: «.»*.« .StS
No readier APIASu ..tOAU
December ..... .WC.1S U04K
Clotad quiet. knlr«. r.fca.
8POT COFFEE MARKET.
Bio TH-
COTTON SEED OIL MARKET.
K.w York, J.ly «.-rTta mnrket for enltno
red oil opened very quiet with trader,
bowing little disposition in do hn.ln.u
either w.y, Priee. were firmer, tew ever,
- ‘tall riming of Ita Julv cl. ai
... of llqaldatlon In this
tttoBlb. H U rstlmatixl that July «lcllv• rl«v*
will aggregate shorn 10.1RI iNirrels It wss
report'*! that mare of this oil will go for
oxamrt. iHit private hoo*4»s reporti^l that
couaMetiiN# will go teto store. Tbo lunrkrt
at tho •■!"-• was qiH**t with pr.'. • lower
to blgber.—Ware AiJmST "
OpOBiBfi. .glOBfy
Jaly ......
Angmst ...
S32E3f-r.
.Nmrrmber UL4MIU -■ it-ti
* , n5jrT<» Htitemirer’*t 3K*4. V')*OrtoOet
at 25Q. ami im Drcrmber at 32.
Cioot4 atro4y.
THE DRY GOODS MARKET.
By Private I^asnl Wire.
Now York. 4«lj 6.—TU»* dry goods market
was vary nuM. ,N« ebsug - • • jrre*l In
tHrlrex of teadlBg llare BU-*' —I k"-"1»
were fairly arrive m.*i »• •< r*r. prlfcr
Missouri Pacific
New York. Ontario anil Western
National Lend
Northern Pacific j
New York Central
Norfolk nml Western
PriiUKylviiijIa
pic inrii strei ('ii r... rrrrrrrrrr*rrrrrrrr..
do. preferred
Pacific Mall
UondltiK ...-.
Republic Steel
Rock Ihlnml
_ do. iiref<*rred
United SInlex liubber
do preferred ,*
Southern Pacific
Southern Rullwny
do. preferred
ShMH-Sheffleld
Teiuu-KHee Coal and Iron
Texnx nml Pacific.....
Fnioti Pacific
United States Steel
do. preferred
Virginia-Carolina Chemical
d«>. preferred
Western Union
Wabash
do. preferred., i.
Wisconsin Central
do. preferred
Total aalea of storks.today, 706,890 shares.
NOTES ON GRAIN
Pointers on Provisions.
RANGE OF THE COTTON MARKET
AT NEW YORK.
Tbo following Is the raogo to cotton
futures lu Now York today:
Laxr Previous
Open. High. Low. Bale. Cloaa. Close.
July .10,21 10.s, 10.30 1C34 21 30.a-2J
Aug. .Iu.31 10.3»J 10.31 10.24 10.33-34 lO-BB
Kept .10.36 10.36 10.34 10A36 10.32 35 10JR-33
get. .10.31 10.3‘i 10.31 1 >.33 10.33-34 JO.i
{lee.’ !io.36 itiio 30.34 jKX 10.3637
Feb.' ..... 10.41-43 10.
Mrh. .10.48 10.5J 10.47 PUS 10.46-49 10.46-47
Closed quiet and steady.
AT NEW ORLEAN8.
. The following Is tha rnngo In cotton
futures lo New Oncaus today:
Last Previous
Open. High. I-ow. Male. Close. Ch>«o.
July .11.19 11.19 11.13 11.13 ll.i: 14 11.1S-19
Aug. .1(1.63 IASS 10.S3 10.0 10.0-0 10.61-62
Kept .10.43 10.43 10.42 10.43 10.40-42 10.28-4')
1^.24-25
Five' iiKii'iKM io.M lo.':
J.n, .10.x iu.k 10.x 10.x 10.: _
F.T lO.X-fi)
Mvb. .10.00 W.W 10.U 10.80 10.4740
Limed dull but otrady.
TIPS FDASUED
Fro in Wall Street
Private Wire to Qlhert Sc CJny.
Now York, July 6.—Daniel Odell A Co.:
"J'urrhnxea on a further reaction will, wo
believe, give at least reasonable turns to
dnlly traders. The Individual positions
hare to bo followed very carefully. Drives
nt vulnerable laauen are to be expected,
but there Is a tendency t<>tviird Irregular
Improvement In Tertalu stocks along spe
cialty lines. The raid on tbo Vanderllp
speech Thursday afternoon was not really
caused by the address, which was more of
nu excuse for a natural recession after a 9
to 6 point recovery than a cause.
feral
There la arldtnUy a large short Interest
Id the stock market On ever1 little break
anxious buyers appear nnd there Is also
some good buying going. on. Tbluk we
shpuld have a rally at leost
working for confidence are much greater
than suggestions of remote trouble at a
time when general fir 1
E ' ‘ J ‘
world, except In
It Is said that the Iron ore deal between
the Great Northern preferred .ami Bteel
J K>ratl<m has been completed. 'Ibis Is
oahtedly the cause of tho strength lu
Groat Northern ond Northern Pacific.
On# million five hundred thousand dollars
reported transferred from Mail Frandaco
to New York.
Th# ton# of tho market has Improved,
and while some disquieting news from
abroad has appeared In tha morning nows
columns, we liellare th# market te bring
quietly supported by a good class of buying.
rrivul# Wire to Ware A LriaoA M _ „
New York. July 6.-!fiOo4oa dull at % to
% off 00 Americans.. Uoaerol market rather
heavy. Although railroad earnings as well
as IndastrlaU continue to reflect lucreaaea.
with prospects for easier money conditions
- ' 1 —*- statement there Is
buying power that
dividends on first nnd second preferred.
of all railroads for past
xr/lo *of §rS,'00>J pounds for delivery
August st 18%f.
More demand for stocks In loan crowd.
United Htatra Rubber net earnings for
June quarter 697^000, as compared with
9966,751 last year.
Rtxteen roads for the fourth week June
show an average gross Increase of 14.(1
per cent
# . wl
easier tiutler further presooro of rs»l
hedging sale« for larger house*. (
accepts n* vs were again large,
wheat stocks decrease*! 100,000. Hoi
dltloua very bearish.
Corn opened steady to shads firmer with
trade alow.
pur crop expert from Huron, HHH.
wires: “Oat* nnd bnrlet looking fine. Wheat
fair. Weather favorable."
Private Wire to Ware A Leland.
< otengo Inter-Ocean: Purchases of now
winter wheat Thursday to arrive In 16 to
ID days, exceeded 760,000 bushels by Chi
cago elevator people. The wheat was
bought on bid* sent oat Tuesday, covering
the suites of Indiana, Illinois, Missouri aud
Kansas. Kb*vator men w#ro slow to
out the business, knowing that It miff—
depress values for Kenteraber qnd make
hedging sale* more difficult. Flue weather
for harvesting and moving the crop wns
th# chief motive for th# #elllng. Part «»f
the wheat was bought on the ImsIs of Vfcc
•rfr September for No. 2 red to arrive,
with some at ty* over. For So. 2 hard
lUc under Hentetultcr was paid. • For spot
wneat SOVsIfDO^e was (Mid. The business
|esterday was th- * *
King, of Toll’d.
report lat# last night,
wheat twr aer# u bushida: erot» 31.000.006:1
last year 90,000,000. Condition June 77; 9J
nor c#nt hnrtrete*! by Juue *>. Ounllty 94.1
Corn condition 64; June 76; test August 97;
crop Inst year 145.OUO.QOO. Gat* condition
62: June <1; crop teat year 90,006,000."
Black rust has discovered on the
barberry bushes at Wllllston. which Is In
northwest North Dakota. Kxi»erts say Hint
black rust spores can he found on these
huxhen every year, aud they will develop
with unfavorable weather,
Mr. Case, of tho Whallon CaM Company,
wired from Mlnnen|»oiis: “We sent n rust
ex|>ert out about u week ago. He bad
Iota of experience two years ago. He re
turned today and anya there Tb less red
Irust then a year ago aud uo black rust
"The present position of wheat prices at
las time when the new crop Is about to
be marketed is materially below that of
teat year." says C. H. Murry, In Tho Cin
cinnati Price Current, “and It may bo ex-
period that farmers will !>• Inclined to
offer sparingly for this reason. The re-
IjortstnlyreglM'tdeetahaUll ngsen 11 meat
:m
tembey lu store. Hales of corn wfro lOO.i
bushels nnd oat* 160.000 bushel*. ^
At the *cal"nit.| exporter* *nM tfi.000 bush
el* jn«i*tlr Nsaitobn. largely for export.
Including ,l.b*) bnxhcU at Baltimore, rlosod
late TucFdnr. Charters were innd** for
19D.0D9 bn*bcl# corn at Hie to Buffalo.
Itelhertes on Julv trade# yesterday were
60.000 wheat. 14 •. - 1 corn and 360 Darrels
pork and 250 fierce* lard.
EXPORTS OF WHEAT AND CORN.
Chicago. July 6.—Bxport* of wheat. In
cluding flour, for the week, aecordlng to I
jltettefreat, arc L&5.343 bu»1iol*, against
l.l^ri.ono test week and 1.050.000 last year.
L-K»-B°fta of earn teLfoo bushels, against
979,Ow last week and 932.606 last year.
MODERN MILLER'8 CROP REPORT.
J Chicago, July 6. — Moilern Mllftw says:
“Reports from nilllere loestefi In tb# prln
ripnl wbaat-nilslog section* stew tho fol
flowing comUrioos; Kseept In Texas, mo*t
TONE IN WHEAT
CONTINUES EASY
WEATHER IS FINE IN THE
WHEAT BELT.
Receipts Liberal in Northwest.
Cables Reported a
Steady Tone.
r.I pi
Ry Private Leased Wire
Chicago, July 6.—Th# s
ala In wheat refused to put out uddltlo
nl short lines fallowing n 6c break. They
figure that with sales of thirty loads, nr
240,0C) bushels far export, n reaction and
adranre from bottom prices is due. There
were large salts of th# new crop by the
country, aud It Is wheat that will move *■
rapidly as It ran be loaded into car#.
Prices closed lower for th«* day.
Corn was tame nnd showed losses of
HM*.
Oats were off MWr ond prortelnn* were
unssttled. July pork, was up 30c, but all
else 6#36c lower.
No. 2 red strong ond Vf/lc over Heptem-
bcr. Cbm nn- .••« u.i.- 1 *1 m li**n t nnd 1
691.000 corn, compared with 1,060,000 and 932,-
A respectively, a >. 09 001
Primary receipts of xvheat 476.006 and
com 777,000, compared with 372,000 and
723,000. respectively, a year ago. *
Clearances were 366,000* wheat, lTvid
corn aud 4,000 onto.
CHICAQO DRAIN MARKET.
, Th# Chicago grain market ranged as fol
lows today:
.J^P 60 * High. Low. Clot#. Cloas.
WBBAT—
July. •. 2% Tflk W 79 7f»«i
. .. 71H 79H 79 79 7:*S
£
WMk.
Twelr. Indu.trl.l. itwllnrt ,M pn cent.
MONEY AND EXCHANGE.
Htrrlln* rartatif. 4t.S:Vi
’laW
rnn r i«- aM gooA. Iluntln. oa* rnlnerablo
■tork. by brara. wbo tall tb.in wlth frr-
ilnm while *04 b-.lt.itn. In attacking l*e.n-
aylrnaU. ltnnll.g, Ht. h. «n.l eltier
riorta when UI<1 up rattar damprai bnlluti
nlMua amt Mrragtb fi.nl.pi oray
when orerwilrt cnmltiton. npprar. Irr-gnUr-
Ity D llk.ly to prer.lt, but from tta prw-
rat nation It lower price. «ra f.rorefi ttal
rnran. ■ brar rawpalfib wUI «ot luret with
much r.-»!«i»»ce. On rtarp ittallnc., how-
erer, wnuiq ftiror t.kjng .m tta w—t
one ami Mroog rapport may b. .gp.rara
In steel, aod copper.
Stock, tare tara well taken pe.t few
day. Do not taltere. bnwtrer, will tar.
any n.t.lnml Imtiroremrat In price., n.
Ihr market I. too narrow, and would tall
on any «d»nm
t.ry of yraterrlay 1 . rroek market by
tow, Jones fit cm; fimratra, ptatta la
London fidll >t to H below parity.
General London market rattar hrary.
f.lted State Btibtwr dwlarra regnfkr
INTERIOR MOVEMENT OF COTTON
Xew Orlenn., July Interior movem.nt
old towu.; Ileerlids 4,761, of.ln.t r.’,17* la.t
yrar.
te7IUk‘V® , ‘ D *W!A'Vi? r '
Total movement for thirty towns; Ilo-
Ipt* 9.131. ngnlnst 42.916 la*t year,
.shipment* 21.721. agalii*t r/>.3l5 ln*t year,
Rlocks 198,399, against 194,007 lost year.
PHIWIWPfiKI _sr. and many
my best In veers. A large movement I#
looked for with favorable weather. Farm
ers will regulate sale* by tho price at
markets. Mu#h of a decline In price will
shut off farmers' deliveries. In Texas, the
yield Is below expectstlous. aud the quality
of the gralu only fair,
‘ thi *
„
year, though largrr than waa expected for
LUU.1-
OATH-
p. :: »
PORK-
July. . . 17.76
Kept. . . 17.20
Jsu. . . 14.90
LARD-
July. . . 9.96
saf" un
HIDKH—
&.-.UR IW
Oct.. .. 9.90 9.36
9 B
17.60
16.15 17.00
14.90 14.90
ills
HR HR
9.10 9.00 9.00
9J0
c.
9.124
0.50
?• ' 1
Fash Wheat: No. 2 red new K'U: N
do 79090; No. 2 hard winter T9A40M%!
:: <!■• . • N". i H'-riIm rn mj.i-iult
No. 2 do 92083; No. 3 spring 7BO&
CHICAGO CAR LOTS.
Today. Tomorrow
LIVERPOOL DRAIN MARKET.
THE 8UQAR MARKET.
Private Leased Wire,
tew York, July 6.—The domestic refined
sugar market today was firm amt un
i lninged. Raws were firmer nnd .higher.
1)000 centrifugals at 3.78; aalea of about
THE LIVE STOCK MARKET.
By Private Lms#d Wire.
Chicago. July 1—lings— Receipts today
HMinn. Market slow to 6c lower than yes-
teftky; aaatlty fair: left over 1SA29; bulk
J'i 75: estimate*! for tntuprruw D.000;
light K3506-16; mixed 9095heavy $9.31
6A90: rough, fosogpi,*; pigs
jmr^cy^#.7036.76; good to choice heavy
Cattle— Receipt# 3,600. Mnrket strong:
rinio steers IS-leOCU; poor to medium
M4/5.IO; stoekers ami feeders 93.60ff4.45.
Hheep—Receipts 16.000. Market strong:
» illty fair; Native SS.2fiG6.26; western 93 25
^SrTW^JI, , 'V Dbt
Wheat openeif % to % lower; Ijn p.
U lower to H blgber; clo*eii off t«
tugber.
Corn opened unchanged to Vi lower;
... il inw.- yf higher; clo*e«l
PRIMARY MOVEMENT.
The following figure* *how the pi
noTement of wheat nnd corn:
Wheat—Berelpt* tntlny 476,000 In
ngnln*t 27i.(F>u bint year. Hhlpmeiit*, :
against 275,'fm last year.
to—Receipt* tofluy 777,000 hi
NORTHWEST CARE.
Minneapolis
Duluth
Chicago ....
SOUTHERN EXCHANGE
Oldeat Eitnbllaliefi Oftl.-e South.
conoa—STOCKS BOROS Mill
Ground Floor Oould rtulMlnr. Dally
raartut Utter and market manual
mailed on application.
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.
L. J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, GRAIN
Correspondent's Caplfal $250,000
RcrcncNcc, the ncal bank
PHONE MIT. PRUDENTIAL BLOC
Frank Hawkins, President. _ . _
M. Atkinson. T. P. Toomss <C. Erwin. Abb! ( ashler,
•ph A. Mr( ord, Ca?M#r. R. W. Wyers. A**f ‘ ashler.
Third National Bank
Capital
Surplus
$200,000.00.
$300,000.00.
DIRECTORS!
Frank llawklna.
n. M AtfctnafO
Joseph A. McCord.
COTTON^G^AI^, ^R^Isfe^.Hrbclt^BONDS,
Ht. 2 Wtll St., Stiff 0al/4ief, A Us tit. Cl.
few Ytik C#W#s fickttjr
M*0 Orltmi Ctlltt f/ckJBfe.
liter tool Collie All
CkJeict ttird tl Ynit.
Ckictst Stick [itksnqt.
Mew York Coffee hchttge.
B. C COMMA*. Mfi-.fi.4
StnOrdrhuJSi.
la trilb wide and
ilariog the next 69 iay
SSW
•4 nr.? h i*'- *
f •; J-i . .
PIEDMONT BROKERAGE CO.,
(Incorporated.) Bss#m#nt Floor Pi#dmont Hotel.
BTOCkt. BONO*. CHAIN. PROVISION*. INVESTMENT*.
Faat Wire Service from New York, Naw Orleana, Chicago.
CORNCSPOSnCMT*
H. J SAGE A CO . 42 BROADWAY. NEW YORK.
IDW. HOTlt. Mjeef er. t ere/ long D I’tete Hff.
WM. Lb PEEL, President.
nOBT. F. MADDOX. Vice I» re a.
MADDOX-RUCKER BANKING CO.
CAPITAL
SURPLUS AND PROFITS .
ACCOUNT* INVITED
Wc invite account* of individoals, cotpornlittns. Iwtnks
find bankers nnd offer the be>t term^ consistent with
conservative banking.
In <»ur \ ir g v I rT-Kn* • *• :t71-> Infer*-t -t* the Rate of 3 1-2 per
cant. Compounded Semi-Annually.
$200,000.00
$500,000.00