The Atlanta Georgian. (Atlanta, GA.) 1906-1907, July 06, 1906, Image 11

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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