Newspaper Page Text
THE ATLANTA GEORGIAN.
mon'day, jrr.r 9. i^*»
josephruvely( THE GEORGIAN’S RECORD OF MARKETS AND FINANCE
) \fr. LI roly’s 25 years* experience
.if editing markets In Atlanta and
th* South h*f |ff#4* him n ree-
ognltod authority In hla specialty.
IS DULL,
trade very ugh
I ONLY BAD WEATHER CAN
HELP THE BULLS.
jt ft Claimed the South Is oii
Short Side of the
l j Market.
n»« I* nnt <-nousb bMlnw. bMaj: Irnns
|„ tbe cotton .xckugcs to innke n
nakft culling for commeut.
It li claimed the South Is short anil will
‘ The bulla ore waiting for had
5 ■ JSthet, which they claim will run them
I '"in (he meantime, advlcea ns to the crop
,i"w«tber continue, excellent, and If the
12.;™ abort, It Is apparently aatlrttd on
... iVott that It win take a considerable
wll of nail wenther to force them from
I , ulm!i!r'wa« abont as expeeted nt the
■ffllnfthla morning, showing a decline
eted at the
1 asaintthta morning, showing a dec!
.. I Ji J pSmta on futures and of 2 points
■i I 1JJ' *Sj£, 4W |i(| , '*lj" ; i'rpoora decline, the
v.V Turk market sbonjd hnre opened tin-
I Ejwi whema, Initial prleeg wore 1@J
I Santa lower with tmalneaa very dull,
rit fa reported that from *.000 to 10.000
talea of cotton hsve Iwen taken out of the
E York Stock for shipment to New Or-
S tor delivery on July. One thousand
a „f this lot are being chipped on
Itorton line atemner leaving today, with
I »re in fi.Ili.w-, la taking the edge off July
' Mf'*rrt r M« of 1»« cotton, raised
Fllfarrlna, Tea., waa sold at auction at the
L,* Tort cotton exchange today to O. W.
oamiDi* fur Blllaon &. Co., of Liverpool,
i-H at 24c a pound.
-m The drat hide of new cotton sold
I S*a Orleans today nt 10e.
I The monthly movement of cotton for
S . shows it decrease under the some
th lait war of 215,357. an Increase for
- ip, „ V( . r rear before last of 116,335, and
11 dfrriuM* for June under the same time
III l*c of >6,177.
Total crop into sight for ten months
June 39 - ‘“ ****'“'
In 11*04, »»i
r Private Loused wire.
- »w York, July 9.—Prices at the opening
| a( the local cotton market today displayed
" i disposition to sng, quotations being 1 to
I point* lower with business dull. The in-
.teorfs were quietness In the market at
I Llreri»*H»l and favorable weather In the
I faith. Two of the lending brokers were
I shorts put out
week.
8P0T COT1 ON MARKET.
quiet, 10.80c,
New Orleans, dull. 11%C.
* Liverpool, easy, 6.12d.
Aufnsta, steady, 111-16C.
8t. Louis, qtilet, 10%C.
Bannuah. quiet, 10%c.
LIVERPOOL COTTON MARKET.
idllac uplands. 6.12; sales 5,000: American
ItW; speculation nnd export 600; receipts
11*0: American 2,700.
Opening
Range. Close.
..5.83 6.80
. .5.78*6.78 6.76
..6.71 s.a
...5.63 6.00
6.66
Previous
Clow.
6.86
6.83
. ..5.59
,.5.58
..6.58
6.56
5.57-6,58
5.59
TODAY’S PORT RECEIPT8.
_- ft* following table shows receipts at the
lEt'str**' COIUparedl w,th tbo Mine d ®J
IMsMIe
IParannah .,. ...
Inarieston ...
1 Wilmington
I X.:rfulk
I hila'ie
I i>: *
...I.
10155 I
10,*
INTERIOR MOVEMENT.
1906
1595
fiuinatR *
■nnphU '
8l, I.'ml* **
Gadatuiu ..."
474
“1
JS
2887
Mi ™
iu ea
78 ne
L we
68 » rlr
Tol,l
1314
504 g
*P0T COTTON MARKET.
12'nni Jn| f ’-Cotton steady: t
M. £.'•»! net receipt. 683: grot.
IJ slick 22,835; export, coa.t,
I hv r, "' k ; -'illy ’.—Cotton .teady; middling
ISa f'iccvlpta 8*; mat «*; wlea 31*
hav.nn' 1 ?' /‘Port* ccatwlw 523.
v u >• ’-Cotton may: middling
■ I?CJ*Pt» 1.245; gross 1,245: Bale.
rei'li cmimeit'^!* “ aW,t brU, ' a
•■-Cotton nominal; mid-
X*« litr 1 , r '* cl pta non.; grows 310.
®nt nu' an *' . Ju f .—Cotton qnlst; mid-
■i"; ..receipt* 6«>; gross 550:
IlFK «.**. corrected. '
5-cotton quiet: middling
fit' at;, r,r " | nn 35; groH 35; aalr* 23;
lloaitnn ’ •"’I** coo.twlw. 225.
V : :« ;• ’ -Cotton quiet; middling
Hlin.ilif ,, 1 ’ " 4|,: ,‘ ro “ 474; wile, none;
722}! .took 15,201.
Ck“ „"; J " l| f ’-Ocrtton steady; middling
,Mp -
JV ;i ' r Jul 7 ’ -Cotton ipdrt; mldd
»V-2';’-Cotton qnfet; middling
ito • l,,pm ' n,,
| & ^r^jcssrwrws - ®
32^# j&sns&fiz
L «| t h p n^t‘i»: duwng the day.
I kot’aa «*"•£■* agtlafectorlneaa,
l"0d, the r. ^ e . nt * r,n « th * ertuetu pe-
ls***«iy hen« T UUa * to MeII «g-
lian™ iv.the temporary atag-
[h which cannot lut long.
NEWS AND GOSSIP
Of the Fleecy Staple.
Private Wire to Ware & Leland.
New York, July 9.—The licensed ware*
honse stock hna decreased 766 bales. The
certldcated stock decreased 729 bales.
Journal of Commerce says: “Althoi
the crop news is so generally favoral...,
there la a fear that at almost any time
there inny be a change for the worse. As
the short Interest Is undoubtedly large,
"" ereut might have conslderabls ef-
the disposition among very many, for all
that, la to await further developments."
Commercial says: "Spot men are not
very hopeful ns to the outlook for the
.Inpan business for the new season. Japan
nns not been nearly as good a customer
ibis yenr as it was last. Ho far this season
Japan baa taken 129,113 tales of American
cotton, which is 11*2,000 less than it took
during the same period last season/
Liverpool cables: "Market affected un
favorably by poor report from New York
market steady at decline/'
Mitchell offered 6,000 December at 10.80c.
New Orleans,«July 9.—Futures are dull
and narrow. .Scalpers are rather Inclined
to buy on the unfavorable reports from
the eastern belt. Sentiment, however, '
just as bearish as eyer for a long pull.
Spots are Inactive. Iluyers are taking
no Interest In the market and factors are
Indifferent,
The weather map shows much rain over
the belt. Texas gets good showers, which
Is a favorable feature; but rain in the At*
lontics Is very unfavorable.
The net stock of cotton In Nsw Orleans
Is 35,009 bales, ngalnst 49,139 at this time
last year. The amount on shipboard is
11,189 bales, against 13,142 last yenr.
San Antonio, Tex., wires: "Leading house
says have been offering spots to the East
based October delivery and find no tak
ers/'
lug easiness In July. Thlulc unprotected
shorts should take advantage of this soft
spot to cover.
activity with prices lower In consequence
of exceedingly favorable prospects of the
crop, especially In Texas.
showers tomorrow In Louisiana, Arkansas
and Eastern Texas.
Today’s map Is fairly wet nnd cloudy,
exns having agnln received a well scat
tered rainfall.
of the Atlantic states, where
needed.
New Orleans, Jnly 8.—The Tlmes-Demo*
erat has the following from Houston:
"During the week there bos been a con
tinuation of the good growing wenther
for thr cotton. The crop Is making fast
in .Southern Texys now. and It will not he
wrap oi iup mrim-rii warn u»e rnunu lut?
cloudiness has prevented premature opfa-
Ing of bolls and has reduced shedding to a
minimum. As matters now stand tho crop
could hardly be Improved on."
WARE A LELAND’S DAILY
COTTON LETTER
New York, July 9.—Further rains In Geor
gia and other Atlantic states were re
sponsible for the steadiness In tho cotton
market that lasted during the greater part
of the session. Early a decline of 6 points
nbroad led to selling and a decline to be
low 10.30c for December. Later on In the
day. covering by’ those who sold on the
decline led to more or less steadiness. This
change of 4 or 5 points constituted the bus
iness of the da/ ***'— ““
radical change
fore no Increase ...
ness. The majority of crop accounts are
FAIRLY ACTIVE
TONE WAS IRREGULAR AT
SLIGHT DECLINES.
Traders Turned to Bear Side Ear
ly, Forced Some Sharp
Declines.
By Private Leased Wire,
New ( York; July 9.—On the stock
exchange operations were under those
of Saturday under depressing influ
ences of the large loss in surplus bank
reserves. While, as explained, the un
expectedly heavy cash shrinkage was
probably of a temporary nature, duo
tp the withdrawal of trust company
funds over the period when they must
make report to the state treasurer, It
was looked upon as sufficient reason
for discontinuing operations for the
rise. There was enough profit taking
by the trading element, which had fol
lowed last week’s rh-e, to cause a gen
eral recession In prices this morning.
This selling was supplemented by
pressunT from bearish quarters. But,
on the other hand, liquidation from the
more Important sources of a week and
fortnight ago was entirely absent. An
other noteworthy feature was that the
volume of business Increased as prices
receded and the whole action of the
market suggested that had it been left
to Itself It would have remained about
stationary.
The stock market opened fairly
active and Irregular, with a slight de
cllne. Illinois Central was the strong
est feature, opening up 11-8 to 177.
Reading showed considerable firmness.
Gains of 1-8 were made In St. Paul,
id Pennsylvania, while the Steel
Issues were up .1-4. Northern Pacific
was down 1-4.
After a steady to firm opening, that
was followed by moderate advances In
number of stocks, the market be
came heavy under pressure from some
unknown source, and during the rest of
the first hour the tone was heavy and
the price movement generally down
ward. In the first few minutes there
were gains ranging from 1-4 to 11-4
points. Arbitrage brokers say that
London opened very Mttong, but sold
off later, and about 10,000 shares were
sold here in the first hour for London
account. There was little outside busi
ness, and the room traders, after first
trying to advance prices, turned to the
bear side and have since been sellers.
^Governments unchanged. Other bonds
steady.
RANGE OF NEW YORK STOCK MARKET
Amalgnu
At lit it 11 < •
America i
id....,
Atchlso
do preferred
American Cotton Oil
Baltimore nnd Ohio
Brooklyn Knpld Transit..,
Milan Pacific
d Northwestern...
Chesapeake aiul Ohio
Colorado Fuel and Iron
Central Leather
do preferred
Chicago and Great Western
Chicago, Milwaukee and Hr. I’aul
Delaware nnd Hndsor
Distiller's Securities.
Erie
do
ml..,
General Electric
min'd* Central
American Joe Securities
Louisville nnd Nashville
Mexican Central ;
Missouri Pacific
New York, Ontario and Western....,
National lead
Northern Pacific
York Central
Norfolk nnd Western
opin’
Go.
ay. There was seemingly no
In the position, nml there-
iso in tlie volume of bus!*
............ ....ijorlfy of crop accounts are
so favorable that ODerators see little In
the outlook to Justify heavy trading, and
ias long ns the cron does so well, the In
centive to buy Is lacking. On the other
hand, there Is a fear that something will
happen to put the crop tack during the
remainder of the growing, season. It Is
this tear tbst prevents short selling oni
Interest. Until some tad news comes from
the Houth the market Is likely to continue
•ry narrow.
GIBERT & CLAY’S DAILY
COTTON LETTER
July 9.—Options on the
ruletIon of a few, notices had a de-
talng effect npoq July, which was fur*
•r Increased by a report from New York
[the effect that eoiue cotton bad been
Ipped from that Point here, destined for
Ivery on contraote. and that more would
•uortly follow. Tbfe weakneee In Jnlj
affected the other position* ns well, whirl
| have hitherto held up eurprlslngly well In
the face of bearish weather conditions,
having been more or less dominated by
influence of uncertainty as to tbei
time are excellent. Indeed. The o*? 1 ?** 4
fear that the continued ralna In the Allan*
tlca are detrimental to deve onment of the
crop Is *not borne out by like conditions
in the past, especially In the bumper
crop year, when rains occurred frequently
during June and July In that section, nnd
In reality caused an unmistakable lin^
pmvement and a larger yield.
New York, July t.-Tbe market was a
disappointment today In most directions,
and after some early display flf strength,
appeared to be nnder pressure in most di
rections. The market Is not i ndecisive
one, and while-8aturday’s tank statement
was rather carefnUy explained, » circular
from the treasury department on the scare
Ity of notes of small denomination woe
made the subject of comment. London dls-
■ Asm ss? fiusspii
no special demonstrations of weakness was
made/Todsy'* trading with London, and
the coudltlon of that market, ludlcstwi
some concern oyer there SJJJ
speculative conditions Is stocks other than
America, *5***,* D Thil'T?
In some degree by London selling. Toe ex
pi.nation of th* bank .tst.m.nt oo 8j4ur-
notes of amsll denomination was not reas*
p.'ss'-rr* wjw
Srr,. j/c(liw.mon^rn,t« srn c>-
forukl. ..d we think more streofth will
derelop In the market .taler on.
GIBERT & CLAY
• *USAH* «T.
ATLANTA. OA.
COF.CC, PROVISION*
I'ssisH
, _ rrUnle Wire. I., nil
' * - Lon a Distant;. T.I.phon. 529*.
SOk
*W. R. FAGAN, Man.fl.ft
Chicago. .Tilly 9.-1VHEAT—A little
strength appeared early, ivltb trad, rather
light, hut cash houses were heavy seller,
of September against very targe country
«cept«nce». nt trader, were good buyers,
allowing of upturn., although they were
only transitory, despite a larger decrease lu
albla that lower price* will again be wil l
3 eased, we think the futures are at n point
low where they should be bought for lu i
vestment on a scale-down.
COHN—There waa a rurh to buy the fu
turn at the start, due to the disappoint
ingly light receipts, strength abroad .uml
reports of an unfavorable character from
many sections. Buying wts of .good char-
— ,— ( ,[k1 . bullish feature
we""think” hesY’rcsulfiT ran' tie gained
through buying on all break.,
OATS-There waa a general. commission
bouse buying early, local oparatora also
taking on the future, due fo aaportaof
damage in Illinois, aa well na th* belief
lu a Gulllih bureau report tomororw. Full
advances were not sustained, but the clos
ing waa Arm, however, with the market In
a strong position.
I’HOVIsio.VH-Very llttla Interest waa
manifested; In fact, trade waa light and
operations of n scalping character,
COTTON SEED OIL MARKET.
New York, July «.-The, market far cot-
ton seel oil waa less active on-Haturday,
with prices tending higher. There was
more Interest dlsptaysrT by buyers both
for local aa well aa expert account, hut
aalea ware eonflnrd to very small lota.
The Improved demand for cash and the con-
tinned strength In lard helped to establish a
(Inner undertone. Reports conflrm light
European stocks, and a good foreign de
mon,IIs expected to develop soon. Trices
St the cloae were Uc higher totac lower,
with tha market Steady.—Ware * belaud.
July ...
August
September Ml
October *4'
November 5?.
Urceinher ... ....
Closed steady.
TALENT HALF AWAKE
WHEN WEEK PETERED 'OUT
New Orleans. July 9.—Timea-Demo-
crat: "Spiritless nnd dull, Saturday,
cotton market Involved hot a single
significant detail, and the week peter
ed out with the talent only half awake.
The more reliable field report* seem
to Indicate encouraging crop progress,
and this, In connection with a very
logical letdown before Idng among the
mills, will give the bear* something
fresh to talk about. Meanwhile, how
ever, bullish expectation, in the mat
ter of rapid exhauatlon of raw cotton
auppliea are being fully reallxed* spin-
nera’ takings for th# week having been
iRarly 200,4400 bale*, a quantity well In
exceoa of last year-# record. The mill
repair season la approaching, and at
the aame time aome of the mflla should
have begun to reach the end of a num
ber of contract!, all of which is In the
natural courae of event., otherwise
consumption would press production
antirely too close. In the Immediate
future Interest hang, on prospective
liquidation by the New Orleans longs
and the location. If poaalble, of the July
abort Interest. The wise men now fig
ure It out. In lieu of a better hypothe
sis, that the short'end la held by men
not closely Identified with the Southern
market. Thla conclusion follows ina
bility to locate It, and the fact that
within the past few years cotton mar
ket ramifications have spread through
uneasily traceable channels of trade.—
Ware * Leland.
celebrated German specialist baa re
cently been experimenting with Ink to hi,.!
b rol«»r Cs-»th«*m tbv keet august «,f
►!•**•. Tli«*jr i1ptH4»p more rapblly Id
ban In black, violet or 1*1 v
J Steel Car
<lo. preferred
Pacific Mali
llendlnx
ItepnblFc Stool....
Kook JsIiiikL...
do. * ” *
Southern Pacific
Southern Unilw-ny.......
do. preferred.
HIOSS Sheffield a.see
Tennessee Coal nml Iron....
Texas nml Pacific *
Vnlon Pacific.
United States ‘Steel
do. preferred
Virginia-Carolina Chemical
do. preferred
Wabash
do. preferred
Wisconsin Central
do. preferred
Total aale of stocks today, 664,300 shares.
NOTES ON GRjVIN
Pointers on Provisions.
I Private Wire to Warn & Leland.
I Coinfo, July 9.—The jjiivernniont repo
duo at 2 o'clock Tuesday Is expected
show little change In the condition of wti
I ter wheat from ln*t month. A loss <
about 1 to 2 points from 93 of June Is e
ported In spring wheat and a loss of 1 to
I points from S6 on oats.
j The depressing factor
I out Is the weight of the . _
I moot, anil thla may cause some furtbi
I decllue today, but wheat Is not high nt
present prices and should bo bought on th
I breaks now.
, World's shipments: Total wheat. 9.92ft.
000. against 9,021,000 last week ami 10.|sun,i
last year. »
Total corn, 4,892,000, ngalnst 2.S9L.OOO last
I week and 4.369,000 last year.
Wrenn nnd Bartlett, Frasier & Co. sold
I the wheat at tho opening nnd crowd taught
Talking 19c under Liverpool now, lit
signs of demand.
I ^ F#w «»ts on reports of
|d*tn«ge through Illinois.
. Oats higher on general commission bouse
buying. Market now steady nnd firm.
I Kri«dnr“ *--- *-— *-■- *
rlcdman has been fair buy
Provisions higher
light offerings. Rome
Trade light and no feature.
Private Wire to Gibert A Clay.
—,2 I „ Chicago. July 8.—The only encouraging
#£2 I future hi wheat this morning Is the steady
I tone of cables. Weather over Rundsy has
lH*en Ideal for harvesting nnd for the
I growth of the crop. The cneh wheat of
ferings are likely to bo liberal, eo there
Ik not much chance of n strong market.
If It should be firm, we believe It will bo
I good place to sell.
Pringle liest buyer of wheat. Caah house*
eelllng, noticeably Bartlett, Frasier A Co.
RANGE OF THE COTTON MARKET
morning. Freer than ever/’
AT NEW YORK.
The following la the ran go In cotton
futures in New York today:
^ I.iisr Previous
Open. High. Low. Hale Closa. Close.
.10,17 10.18 10.16 10.17 10.17-19 1019-20
10.W 10.2S 10.24 10.26 10.26-27 10.29-31
July
Aug
S.'l',
Oct.
! S’ov.
Dec. .....
Jnn. ,.10.3S 10.88 10.34 16.36 10.38 iV#MU
Feb. ..10,39 10.89 10.89 10.39 10.38-40 10.40-42
10.45 10.46 ia42 10.40 10.45-46 10.48-49
.10.36 16.36 ioM iol28 iaSS io!s2-s3
•}?5 IfS ia£8 iaSo
AT NEW ORLEAP8.
"ltnln
the range In cotton
. Our cron expert wires from Watertown.
Previous 8- D.: ‘‘Wheat looking good; weather fa-
Onen. High. Low. Bale. Close. Close, vorable/' .
..11.04 11.04 10.91 10,96 10.94*96 10.07-10
,10.66 10.66 10.63 10.64 P
10.25 iols5 io.» 10.23 io!g-a 10.20
Oats opened higher on hot weather and
Dec ..10.28 10.28 10.23 10.2
Jan. * ‘
Feb ,
Mch ..10.44 10.44 10.41 10.41' 10.43^4 10.47-48
Apr....'. 10.00
Closed steady.
10.36-37 30.38-401
TIPS PLASHED
From Wall Street.
rltfnx news nn,l tk«-pro.pact of e sood
government report Tuesday afternoon to
be discounted by short covering ou tbs
part of a large shortage, which wns made
nervous by the exceptional strength dls
plsyed on Saturday, following the raid aft
er the unfavorable bank statement, which
has evidently been manipulated for tf
monetary situation, shows distinct signs
Improvement."
Southern Pacific Is tipped for 70 tills
vek.
Marshall, Spader & Co.: "Rentlment this
morning appears, ncconllng to most public
comment, favorable to the market. Tin*
strength In London of certain Issues
Private Wire to Ware A Leland.
New York, July 9.—London changed
hastily ovefaold. .
Vacation period la approaching when
many operators will be away and the
wet consequently Is apt to be
mated.
Think well of Baltimore and Ohio, Nor*
Ilia
•I'll" II* •, -
dividend rate to 8 per cent; also lool ...
In Locomotive and Smelters
dividend rate
gPLSHl?*
oil oreais.
Lfow-Jonce Rummrj
London. Irregular, m
Mining settlement
day, and regular fort
gins tomorrow. ^ ,
One failure on.stock exchange In Lon
Rome probability of Increase In Amalga
mated Copper dividend at coming dlrcctora'
meeting.
Crop conditions and aratlook for fall trad*
continue so*„I.
Thlrtr-foor roads for fourth track of
June al,ow averate (ros* Incraaaa ot 15.70
per cent.
Naw Harm sarploa appllaahta to dlrl-
,lands at tll.150.IW,, aa axalnat t«.70«,023 laat
yatr.
*ttriS*tad' C ro'"troat”"coinp*nje*” Incraa’aln*
thalr .ra^nrM; d( ,.
[Ion In
loans.
Twalr, Indnatrtala adranrad .10 per cant.
Twenty aetlr* railroad* advanced .23 par
cent.
Politician—Your brother-in-law, big
Mika Callahan, has appllsd for a polit
ical Job. Can you safely recommend
hl roatl«mn—Well, CM couldn't safely do
anything else.—Judge,
SPIRITS TURPENTINE
BARELY HELD ITS OWN I
n Unlit offerings nnd
pit Inulara. Kdtvnrd.
_ JHPA H.tllng am,prod and
1 lo .■lIlUllls-.lMll Ilull-MH. Mil fkl't 1'lllUt
THE SUGAR MARKET.
Special to tba Ororgtnn.
our York, July Oa-raiml roOnod nnd row
liiine at f.7‘ip. tiimiL-ii I angnr niarkata unchanged,
or two ta'i-naltitit It seemed os If I London basts steady; July Ss 474d; Au-
57 cants waa about to lie touche,I. But *■ Ow' 1 ' .
Iniyera alwaya came Into the market In _ ■ " - ■ ■
time to sare the day. It la a,III regarded THE DRY GOODS MARKET.
WHEAT AT OPENING
T
PRICES SOON TOOK A DOWN
WARD TURN
Due to Heavy Selling by Cash
Houses Against Country
Purchases,
Chicago, July 9.—Strength in coaraa
grain nnd covering by local shorts on
the theory that a reaction was In or-
'l'i i ••'oiltrtl lu win'll ruling relatively
firm during the early part of the ses
sion. The bearish features were favor
able wenther throughout and heavy ac
ceptances on Saturday’s bids. Ah long
as pressure of cash wheat continues,
any parmanent recovery to our mind
Is out of the question. The only hopa
wa can tee for th»* imiN nt 11»*• m-mient
Is for aome unforeseen calamity to be
fall the northwest crop, which at this
writing Ih making favorable progress.
Corn—Waa higher early, but nai not,
retained all of !ta advance. Cars here :
ware 11 leas than expected, and the
estimates for tomorrow are light. Con
siderable corn bought by larger traders
early was sold out on the bulge. There
Is a strike on at the Houth Chicago
elevators, whlchr Is expected to inter- J
fere with shipping trade. The elevators .
on the Chicago river have not been in-i
volved. Think corn a sale on any fur- :
ther advance.
CHICAGO GRAIN MARKET.
Tbo Chicago grain market ranged as fol*
WHEAT-
fife-.: S&
^UN-* 03
July.. . 63
Hept. .. 6144
Drie. « 4S{
OATS—
July.
Open. High. Low. Close. Closa*
1 I
1 sS
IS
3734
Si.*-, 6.
July. . . ..... 17.07% 17.6*)
Hept. ..17.15 17.22% 17.15 17.17% 17.12%,
Jen.. „ 14.90 14.90^ 14.« 14.86 14.7U
I'OIIK—
July. .. 8.90
Hept.... 9.06
8.90
IM
9.S6 9.66 9.55
ifflt m
# CAR!I*WIIKAT—
No. 2 rod 7s%<a79%c; No. 3 do |Ttt0T8Uc;
<0. 2 hard winter No. 3 Jo 74'(P
6c; No. 1 spring tOflSlc.
CHICAGO CAR LOT8.
Todsy. Tomorrow,
for the week were considerably behind those
few York, July 9.—There was
e Increnso In the dlstf'
tft neijilly Inst week with
measure to the recent heavy rains and .... . ............
connltlona In the wooda The Qm of tho market as a rub', nnd
h-mi I* wnsldwably less than half that I shading of prices. Hummer ■
r°i» iftf. ^*5 r *Au • moved fairly well, and there
Itoslna held the gains of the pr^viniml - - jjjJ
week In good inessure, closing wit..
mii ndrnneo of 10 rents on water white nml
5 cents on window glass. The medium
grades were nta> the subject of mine nligfit
fluctuations, tho tendency nt the close of
the week 1 icing to eHs«7 off r/dlftc. As
compared with hist year, six grade* show 11
gain of 60c. Tho smsltest gain was 60
rents nnd tlie largest 75 cents. The outlook
for tho present week would seem to bo for
a decline In tlie Idgl
apparently nbtioriimil
mgor condl-
I 110 further
goods havo
changed; closed hlghe
J tic hlaher: l.M
higher;
pd He to %c higher.
, THE METAL MARKET.
New York, duly !l In tljo m*-tHI mark
prlres nre a shade easier. Tin off Via t
spot nii'I nenrlij «Iollv*-rr.
Hpelter off n Minnll fraction for spot,
(xmpsr unchanged.
Lead UulL
LOWRY NATIONAL BANK
NEW YORK COFFEE MARKET.
Following f* given tho opening and closing I
quotations of the New York coffee market
Opening. Closing.
January.. ,....166-6.75 8.66-6.7f
February 171191 1704.71
March 186490 ir
igr..T. r/:.::::-v;:tpS t!
June., ..7.8-7.19 7.1
July * 3
August
September
October
November
December.. .. .
Closed steady.
A new
beet
odd, __ — ..,
Prague. The Bohemian Inventor* have I
obtained patents In Austria and Germany. I
CAPITAL, SURPLUS AND PROFITS
OVER ONE MILLION DOLLARS
Foreign Exchange, Travelers’ Checks, Brown
Brothers’ Letters of Credit available in all parts
of the world.
!
new process for purification of augar-1
Juira, by means of hydrosulphurle
la announced by Consul I^doux, of J
Frank Ilawklm
H. M. Atkinson. V. P.
Joseph A. McCord, CaeTiler.
Asst. Cashier.
SOUTHERN EXCHANGE
Oldeat Establish'd Office South.
COnON STOCKS BONDS WHIN
Ground Floor Gould Dulldlng-. Dally
inarXat lattar and markat manual
mallsd on application.
Tuoma^t..
Third National Bank
$200,000.00.
$300,000.00.
J. II. Nnnnally.
J. r.rroll Ptyn«.
Capital
Surplus
DIRECTORSl
Frank Hawkins.
II. M Atkinson.
Joseph A. McCord.
David Woods
L. J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, GRAIN
Correspondent'! Capital 3250,000
RRFERCNCC, THE NEAL BANK
PHONE 1417. PRUDCNTIALBLDC
CENTRAL BANKS TRUST CORPORATION,
CAPITAL - - - - - . $800,000.00
If you coutomplato opening a new account, or changing your present
banking arrangement, and wlnh to connect yourself with a strong, consorr-
| atlve bank, fully equipped to serve you as your business Justifies,
invite you to call and talk the matter over with us.
Asa Q. Candler, President.
W. H. Patterson, Vice-President. A. P. Colee, Cashier.
John 8, Owens* Vice-Preeident. Wm. D. Owens, Aest. Cashier.
Nov OrltMBS.
COTTOt^GRAIN, ^skFsh^nOSOS.
No. 2 Wall St., f fieri Build'ng. Atlanta, Ca.
MEMBERS. '
Mew Y*ri Celloa Etching,. Othago Board f Trade.
B,w Orltant Cotton Cubango. wago SI"* Cubango.
Bolt Ehoao 1262.
Staodordf
PIEDMONT BROKERAGE CO.,
(Incorporated.) Basement Floor Piedmont Hotel.
STOCKS, BONOS, CRAIN, PROVISIONS, INVESTMENTS,
Fast Wlra 8ervice from New York, New Orleans, Chicago.
COKSESPONOENTS
M. J. SAGE A CO . 42 BROAOWAV. NEW YORK.
10W. H0T2E. manager local aad long 0,dance Bell Pboao 1391.
MADD0X-RUCKER BANKING CO.
CAPITAL $200,000.00
SURPLUS AND PROFITS .... $500,000.00
ACCOUNTS INVITED
Wo invite accounts of Individuals, corporations, hanks
and bankers and offer tho best terms consistent with
conservative banking.
In our Savings Department we allow Interest at the Rato of 3 1-2 per
cent. Compounded Heml-Annttolly.