The Atlanta Georgian. (Atlanta, GA.) 1906-1907, July 10, 1906, Image 11

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TlfE ATLANTA GEORGIAN. mtBBAT. JTT.Y 1", tin, 11 FDITED BY ( i■ _ — . **N \fr. Lively'* 3* years* eiperlenra ! I joseph b.l,ve4 THE GEORGIAN’S RECORD OF MARKETS AND FINANCE £%£■££• = j J fEEKLlf REPORT MUM BULLISH SMALL ADVANCE FOLLOWED ITS PUBLICATION. Shorts Getting Nervous and Show ing Disposition to Cover. Tbe cotton market for futures showed ft aught Improvement today, though up to n ‘ •••; t :■ Ivan.-** wn* email. The’weekly government report wan con- Mrssd •> of bullish avers*e, In that night* wire cool and days hot In some sortW»<h. while In other too much moisture Is report- #1 On Its publication some covering took Sue# but ft was found that very little Mtton was for sale, nnd an advance of Sue i or I points was easily brought •*£--de | a Ter y dull, however, and until bins definite occurs to Induce tho out* ids to make ventures this cc;;Ju!on Is CielT to continue. A crop disaster would be frtvorahlo fo sjgber prices. It in not likely w« will hare any serious crop disaster, but It Is decided deterioration could take Mice, and as we are entering the most critical period for tho crop. It Is highly irobsble we will hare somo crop sou res a the oMr future. Tie New York Uoinmerclftl says: "There Is quite a heavy long Interest out la this market—larger perhaps than Is gtBsrallr believed—ond this Interest Is srtjloi for weather nnd weevil to let It sat. fa the face of tho fact that tho wither has been so favorable for so long ft Is surprising that a more determined el- fort has uot been made to force theso longs to cover; the bears, however, seem con test to sit back nnd allow the weather to gradually force prices down. If there u to be no bad weather at all from this tlms on there con he no doubt, of n»urm*. that some day the bulls will have to get *ot, sod that they will then break the ntrket hv the liquidation: on the other kind, a spell of bad weather and plenty tf weevil talk might let then, out wit him t forcing a break. The feature of the sit* Mtlon continues to be the fact that com plaints from the belt are few nnd for be* hrteo, and most of the crop reports aro aost glowing.” SPOT COTTON MARKET. •r.‘ NEWS AND GOSSIPv Of the Fleecy Staple. Private Wlro to Wore ft Lelond. New York, July-1<\—Cotton opened n nnd steady with commission b6u*es fig! •ellera and locals also disposed to sell noMf'i Wilson just offered 5.000 AueusL .TENDENCY WAS TO SAG DUR- Llvrrpool cables: •'Narrow market; crop ING FIRST HOUR. Private telegram from Taylor, Tex., July 9 Bays: "Hoavy general rains over this section: no worms or weevil coraDlalnts. Crop prospects nre excellent/' Look for continuation of Irregular market with spasmodic advances due to shorts covering, though sustained advances hot to be expected at this time. New Orleans, July 10.—The weather map Is favorable. No rain la reported In **•- Atlantic, but ahowera are reported In western belt, where they will do good. ^Liverpool was due unchanged to 1 up New Orleans and unchanged on New York. It would be a bullish market if it w for the small spot aalea. The net atock of cotton In New Orleans Is 34.505 bales, against 49.314 at this time last year. The amount of cotton on ship- ra Is 12.G44 bales, against 15,061 last year. so far advanced nnd so heavily frul.. ... pickers will soon bo In greater demand than evpr before. New York—Quiet, 10.80. LIVERPOOL COTTON MARKET. •pot. rornnnl !j deini uplands us; 100: speculation nnd export 2,000; receipts H W; American 8,700. futures opened quiet nnd steady. Opening Previous Itnnge. Close. Close. July f..M-5.R2 6.83 5.10 July-August. . . ,6.76-5.77 5.78J.79 5.75 August-Sept. . . ,6.69-6.70 6.71 6.68 8ept.-Oct. 8.81-6.63 6.64 6.60 Oct.-Nov 1.67-5.59 6.80 f, M Nov.-Dee 5.68-5.5K 6.59 6.65 Dec.-Jan 1.68 6.59 6.66 Jib.-Feb 5.57-5.59 6.91 6.66 Feb.-March... . - ^ lfirrh-Aprll. . . Closed steady. TODAY'8 PORT RECEIPTS. INTERIOR MOVEMENT. Oacfnoitl **.‘*.7****^ *260 GIBERT A CLAY’S DAILY COTTON LETTER Y«w Orl.tna, July 10.—Advices from Liverpool ware more favorable to high er prices than has recently been the and options on the close recorded * * a n . 4 points, while spot sales maintained the average recently cstab- *'points lameIy * 6,000 at a loaa of Price changes In the local market "• re unimportant, but the tendency LIf.v pwt ™ * n anticipation of a bullish weather report for the week, which, nowever, being about ft« expected, fall- J? to Influence market prices. Even ii! a i? €nc# of rain in the Atlantlcs, •wording to todays map, likewise fail- JJ„*° ca u«e any bear activity. This ;;i ura ,°f the market to respond to I™? v,t *l influences Is primarily due L; 11 * ••ctedlngly small proportion® to W ph outside interests have fallen. Lrop accounts heretofore have been, “ * h***. very flattering, but from localities reports are now being wtvtd denoting less confidence, re- Ef ot an a *cess of molnture in some renewal of boll weevil ImmIL .w tn western localities constl- JL, 5 complaints. The crop’s crit- ELm** 0 * t« at hand, and the closest of Its progress will be ob- rr' e< J. An Increasing of interests Is »Iv*2 n ? pendln E •* «*• new cotton tUnlf. . a PP«arance, and we are In- krU/ t0 * or a corresponding en- jjy«ment of speculative activity in «« near future. T ork * Jul >' !©•—a small nar- tlr»j l ni lL!ff t Prevailed today almost en- IrtiJU "Rhotlt feature, unless the de- riderut {“ter-Metropolltan was con- •horrjl' ^? ea€ * asues broko rather P r ® M ure, which was not Bai ?**• trading in the prlncl- llJL t»»ues was os strong ^ Wthough restricted in volume to xtenl not experienced for many ■■■■ . The Journal of Com mores says: "Buying for the first of the woek started In fair proportions yesterday, First bands generally iflsplay more confi dence In tho expectation or a good six months trade now that inventory periods have shown a healthy condition among sec ond hands. • "Requirements for Immediate consumption keep n number of buyers of staple rutton busy In tlm primary markets looking snot goods, and even though there Is slight lull from the active operations the past two or three weeks. It Is not believed that buvera have covered their wants any further ahead than August nnd within a short period will ugaln bo forced Into the market.” New Orleans, July 10.—The bale new cot ton was sold nt auction yesterday for 48c per pound. It was from Brownsville, Tex., and was bfd In by W. P. Brown. The pro ceeds, as well os the amount raised by tho pool, will be turned over to tho charity hospital. Kutaw, Ala., wires a rain last night; did pot come too toon. 1 Central Texna wlrea: “New complaint (toll weerll from reliable people coming Damp, cloudy weather prevails." A frloail wires from north Louis!ana "Have been teaming through Arkansas ant Louisiana. Cotton generally lino; stand* excellent; acreage Increased and the pros- peets are of general comment. Corn crops also fine; if pans oat all will be satisfied.” the eastern belt dry. Opening prices should show the Influenco of such excellent con illtlons. The western forecast Indicates showers throughout the section tonight and Wednes day. 'i be eastern forecast indicates fair weath er for the Corollnaa tonight and WedneS' day; for the balanco of the section portly cloudy weather with occasional and local with a preference! ■ the reactions, which will give moderate returns to active and alert operators. The money situation Is still reported as being Improved, and we see no rea son for believing that the market will meet any amount of liquidation at present levels under oxlttlng drcum-i stances, so that any feature develop ing calculated to stimulate nervousness on the part of-the bears would ba like ly to bring about an advance of sev eral points, where some stock would undoubtedly be met. Several asso-i elated Standard OH houses recommend purchases of good stock* on recessions. Intimating to clients that insaMjMMggjJ will take place In the not I Lure. Conservatism will repay thel dally trader. weeks past. The action In the market In the afternoon Immediately after the government report was disappointing and gave no Indication of support, and. In fact. It would seem almost se lf the market had been sold heavily against since Saturday. It would ap pear almost sure that In today's break n sterling gold imports will follow, and that money will continue fairly plentiful, but there Is no pr^ent evi dence of achange of sentiment .from that which prevailed about the time congress adjourned, and the market will require some strong leadership to reinstate confidence. GIBCRT & CLAY ^ ALABAMA ST. COTToIi, o»A?n! ATLAWTA.OA. come. PROVISION* *Lrt.irAlS»w Or!»n« r’otlon EBUHltMl* LtggsiiEslibIrEBSsssi c cis*Ts2s Lsc * 1 And Long DI,Un«. T.l'.ph.nV 52M.' Elch * c ^ R. FAGAN, Maria,.* WERE VERY SMALL RANGE OF NEW YORK STOCK MARKET Hugitr Hi-tlnlnj; Early Declines Ran as High as One to Two Points. By Private Leased Wire. New York, July 10.—Barely any thing worth recording happened In to day’s early market. The only feature at all was a further contraction in tho volume of business, the total transac- tlons fulling t-* the lowest ebb In u long while. The reason for this was easily apparent. There was no selling of con sequence, neither was there any buy ing, and those opposing characteristics were so plainly stamped upon the deal ings that even the professional traders abandoned the market In disgust. Prices vacillated between strength and weakness without any real movement •ftUter way. Ill the llrM half bittf a feeble effort was made to get stocks down, but as has been the case for several days, no liquidation was brought out, and when the early sellers tried to recover tho stocks sold quota tions went back to where they had come from. Tho stock market opened dull and Irregular with the initial quotations showing small fractional fluctuations In cither direction, the changes rang ing from 1-3 to 1-2 per cent. Reading opened 1-4 higher, Great Northern and Northern Pacific up 1-2. After tho opening trading the mar ket turned woak all around. New York, July 10, 11 a. m.—Tho market during the first hour was sag ging without significance or Impor tance to the price movements. The dullness, although natural for the sea son of the year, was regarded with dissatisfaction by the room traders, who found It hard to cause enough Im pression on v.aluea to allow them to make fair profits. After they had sold stocks early, causing declines of 1 to 2 points, moderate buying by them selves caused a general recovery. Lon don was as dull as New York nnd arbi trage brokers ceased cabling soon after the opening, saying there was no op portunity for them to trade. America mS::: GOVERNMENT WEEKLY REPORT OF WEATHER Alabama—(Montgomery) Moderate tem peratures prevailed. The first half of the week was fair with ample sunshine. The second half was partly cloudy to cloudy, with showers in eastern counties nnd rain fall heavy to excessive st a few widely scattered points. Haiti is needed over the western half of state. Arkansas—(Little Hock) The days were moderately warm and the night* mostly cool and unfavorable, the mean temperature being below normal, nenefldal showers occurred except*In southwestern portions.[ where more rain Is needed. The rainfall was considerably below normal, except In [Menroe and 8t. Francis counties, where It vsa above normal. P Georgian Atlanta) The weather was pleasant with temperature slightly below normal. Showers wore general on the 3d. 4th and 8th; In the northern half of tlio state on the 6th ond 7th. There is ample moisture, most districts receiving rainfalls eX Norfh n l'nrolina’—(Helelgh) The precipita tion wns much above the normal. Fre quent rains, excessive in eastern nnd cen tral districts, reused considerable dumnge. do preferred Atchison do preferred American Cotton Oil Itiil 11 more it lid Ohio HrooUyn Rapid Tri <';iundidn J’dclrlc Chicago nnd Northwestern. Chesapeake nnd Ohio Colorado Fuel mul Iron Central leather do preferred Chicago and Great Western........ Chlcngo, Milwaukee and 8t. Caul. Delaware and Hudson Distiller's Hecurltles do "preferred General Ktectrlc Illinois Central American Ice Securities Louisville and Nashville..., Mexican Central Missouri I'd cl !)<■ Now York. Ontario and Western. National Lend Northern I’nelfte New York Central Norfolk nnd Western I'ennsrlvanla Feoplrs (in*........, Dressed Steel car do. preferred.., Pacific Mall Republic Hteoi Hock Island do. preferred... United Plate* Rubber do. preferred... Southern Pacific Southern Hallway.... do. preferred Sloss Pbeffleld I Tennessee Coil nnd Iron Texas nnd Pacific Union Pacific United State* Steel,... do. preferred Virginia-Carolina Chemical do. preferred * Wnttfo Union... Wabash do. preferred WIsconMii Central...... do. preferred RANGE OF THE COTTON MARKET AT NEW YORK. i'io.m mil mn mu-:. 10.17-n i kv.' .Vii OT nu2 me »•«-« Jan. .10 87 10.60 in.37 10.60 10.49-60 10.!“ Fe?>. !f0.48 10.46 10.4A 10.48 UM-63 10.: Mrh. .1446 10,59 10.46 10.69 10.6S-69 10. Closed firm. TIPS FLASHED From Wall Street. •V fed. WARE A LELANC'S DAILY COTTON LETTER New York, July 10.—‘The weekly weather ‘ *- • rpgpectg f fl . much added rains In Tcxns. nnd while some sections of tho Atlantic state* show too much ruin, thero it warm clear weather there ‘ * I* in good condition. Inc really unfavorable In the There was practically no sec- „ . _ damnge. When compared with the usual weekly at this soason of the year, the report was exceedingly favor able. But tho market failed to move In either direction. Tho short selling early In the day had been sufficiently extensive to lend professionals to cover on the ad vance, and this started on advance of several point*. A large amount of cotton wn* takeu from tho mnrkot early, nnd when tbs buy ‘ tie cotton for 1 about <Kf7 r*oln. - and this led to absence Hire to sell. A* far ns cron nows went, report* were generally nil that could be desired. Until some ufctowf ^ is seen, the market la likely to continue So«s.**^n»* tempersturo was about nor narrow. There I* little pressure st tbs mo- ran j j,j southern portions ond below In homo) Cool northern winds prevnl occasional scattored showers. Th** rainfall was deficient In central and southern por- Kouth Carolina—(Columbia) The sunshine nnd temperatures wore below normal. The precipitation was slightly above normal, separated localities receiving ex- * rainfall, while over small areas tho rainfall was below tho average. All sec** on with general auu **«*•, nuito nvirr heavy In some locnlltle*. Light scattored • --- - ■— .. —. ,— - ahowera occurred at the close of the*woek, desired. Until some untoward development Jut rainXu ‘ WM deficient In most soe meat. New York, July 10.—Tho stock mar ket was r dull. Irregular and uninter esting affair this afternoon, following some little activity, but within frac tional limits during the morning trad ing. Tho operations of tho room crowd aeemed to predominate, and tho large Interests remained Inactive. The dis position to await the crop report was manifest, while the attendance In the street was perceptibly curtailed by the dullness. The outlook favors a main _.jrat wi.- —_ . of the week was cloudy, a few heavy showers occurring, but rainfall was gen erally light nud scattered. Rnln Is needed ‘n ninny localities. TcxaK—fGalveston) The week was gener- llT cloudy and unmuilj cool In WMt.ro .oS r.orthwMtw coontlc.. .bower, wriV- ting I. ncrly .11 cpontlc*. ralatali btilg hcry Id IUu Onwd. rtllcy ind It tril .nd •outhw.it.m Mctf.nt. ond .rally b.low th. irmx« er«.wh»r.. r.ra thnodM.tormi occorard on Monday TESs*„, cool with loci .howera amorally ll*ht. liut hmry In a tnr In.Uncc. and of- fardel nfftdrat mnUtnro, » • rule. In Mitccn nnd northcro MCtlon, Th. wMt .rn nnd Kmthcrn portion, of th. .ut. *en- erally .« Tery dry. FAVORABLE WEATHER CAUSED THE DECLINE New York, July 10.— 1 The Bon says: _ small decline was the result more of gen erally favorable weather than anything else. Tbs liquidation nnd short selling, how ever, were small. Local operator* who sold early covered before the cUwe on finding that the market, though anything bnhjag- grenrively strong, showed ft certain power of resists nee. Spot market* were firm, spinners’ takings are large all over the world, and h**nvy rains have again visit- sd Georgia, where they aro certainly not wanted, if tber? Is any truth at all fn the reports that the crop In that state Is pretty badly In the grass. Liverpool bought De- mber to some extent. Lending bulls nre _ld to have bought October nnd sold De cember, A commission bouse here la re- ' hs about to ship 8,<»i to IS,- New Orleans to deliver on July rostracts. It le .a wolfing market. The crop I* believed to be doing well, but even the more esnguine beer*, feering that some thing or other may happen to It during July or Anfost, are, therefore, not Incttsea to take the aggreselvs St tho present time."—Gibert Jc Clay. erst; "Yesterday's asfton Miwj There was very little evidence of life rl:-re. The ruumre.| ehlpment of July tenders to New Orleans from New York was Sot a reassuring outlook for local July lonr*. The situation is undergoing no cfassge of consequence, other than that oc-j Private Wire to Gibert & Clay. New York, July 10.—Daniel Odell ft Cat "We do not feul Justified in taking any position other than that this Is a trading market with a tendency toward specialty and Irregular Improvement, and that it should be bought for turns, at least on all reactions with the Individual positions fol lowed closely to bo In accord with pro fessional operations which constitute the best guide now." UilfklU. Spadar A Co.: -Jo n!mo,t total lack of news, which could be of market infltience this morning, Is a feature of the news columns and comment. It would ap pear that between the boavluose of Lon don and discussions of the monetary elt- oatlon. yoeterdeye market bees in o a dis appointment to Interests working for en odvnnce, and tha absence of outside sup port became too obvious to be disregarded. The bunko hnr. loit *1.»S,M0 throoib «ub- trenourr operalIon* sinew Friday. I he re mark* attributed to lit. l«W«ln Tbs Herald this morning reflect tho attitude of thpso interests ns far as can bo Judged frmn stock mnrkot trading for some time past, ond also the attitude of many other leading groups, ir wo are to Judge by the action of the market stone. The question now Is. are fundamentals strong enough to offset the Influence* •OffeeUKT. nfi how Jong will It take to wear off the effect of this invasion of confidence? Uptown sentiment: In epite of the flfOf* nblo business conditions throughout tho country nnd the prospect of nt least aver age crups. men who arc wstchlnrOm mar ket closely hero nre Inclined to bollove that It will bo sttractDe only to rnclera for some little tlms. While It Is still pre dicted that prices are going jsry much lower, to. pr.ralllnl *■ kn 11 ' *•>- fluctnatloni will not bo wide In *ltb«r direction, nnd tlmt unl-M Igrijl * verse factor develops, the tendency will bo toward gradual improvement. Private Wire to Wars ft New York. July lO.-Ixrodon firm. AT NEW ORLEAN8. The followings Is tho raugo In cotton futures tn New Orleans today: Lost ♦ Previous July S®* li® Aug. .10.67 10.66 Kept .10.45 10.45 Oct. .10.21 10.35 Nov i Dec, .10.21 10.37 Jnn. .10.81 JO.40 Feb * ..... ..... ..... iy.< Mch. .10.48 10.62 10.43 10.62 10.1 Closed steady, Low* Hale. CI< 10.97 1L&JM 10.67 10.65 MM 10.45 10.45 10.22 lass 10.: | COTTON 8EEP OIL MARKET. New York. July 10.—The market for cot ton seed oil was quiet the curly trading yesterday, with some strength In Jaly, which showed an advance of Vic from last week. Tho iato positions nbont unchanged with tho undertone firm. There seemed to be very little spot oil offered. The demand for export showed somo Improvement and the strength in lard had a stimulating effect, bnt some traders still bold a bearish view of tho situation on account of the favorable prospoote for the cotton crop. The market at the close higher.—Wars ft Onenln July Amo*. •••; Keptember October .. November ............... __ I December 31%t Closed steady. Close. THE METAL MARKET. .few York. July la—At the metal ex change copper wn* reduced lit th* n*k Ing pries for electrolytic. Other grades unchanged. Tin dowu He further for spot and nearby deliveries. Lead and spelter unchanged. NEW YORK COFFEE MARKET. Oorernment report thin m 4 to b. bulllib on itockl. afternoon npnet rro.i r.pr,MntatlT. 8L Pnol ben mMl. a fW.000,000 loan In TarH. Sentiment aomrwti.t mixed, tnnrk.t hlobtr protaMlonnl. bnt wb.n.r.r bra*k. tako plaro would favor Uklni on tb- icwd atorka for 1 or f polnta torn, w.a tlijr In- trroat. Hr. aaaumlni; . paaalTO InUroat only, hut will un-Joubtrdty ntend aupport abould bear praatora become too pro- nouncod. Vl.comt. Henri Mario de Andre*, a balloon enthualaat from Parln. who la (ravelins In thin country, haa Idea, about draastnff. Ho holda that in a few yeara men will bo wearln* brisht-eol- rir.d evcnlns cloth... Ho haa b««un tho reformation by appearing In gray or brown after * o'clock. Opening, firming. January ».« C7» <VWHTn r.brunry *70-8 so March ,.M«i iC S;S.1:S Juno 7.00-7.10 August $.25 September 1.19-8.38 October 6.40 6 46 November ................ 6.45-6.65 December 6.664.60 Closed steady. 6.7'j 6.76 6.804.86 « sr. •; \> < 9.90-8.96 6 2>j 6 26 6.26 6 30 •; 31 6.40-6.45 8.45460 6.654.60 SOUTHERN EXCHAN6E Oldest Established Office South. C0TT0H-— ITOCIS BONDS - GRAIN Ground Floor Gould Building. Dolly market letter and market manual mailed on application. NOTES ON GRAIN Pointers on Provisions. IlSpSlIf ft Letond. Chicago. Jnljr ift—Cash *«!••* of wheat br the country jeeterdny totalled about 2400,009 bushels. One prominent concern bought mon* wheat on bids yesterday than ever before tn Its experience, 'I he decline of 5<* per bushel. Instead or cheeking the offerings. It Increasing them. Speculators will be unable to support prices until we get to an export basis, or uulcse tho north west develops a crop scare. Corn aupport Is confined to local traders. Tltli nrcscat outlook It to bo Dulling May nt 50c. export houses claimed lust night that bid on both hard winter nnd soft winter wt I were about lHe below sellers' views, rains In the southwest having caused chief owners of wheat to withdraw pressure to some extent. These export H however, believed that flour wns being stf-ndlh worked for export, an freight i ni> gave tho flour miller u distinct m'Oca of the hugest buy 'ntry shipper* y OPENER STEADY TO SHADE STRONGER ORDERS TO BUY GAME FROM ALL DIRECTIONS. Irnntngc. »h wheat Bets that Chl- from rago will receive’more 'wheat tbli than In any previous July In Its Another large buyer here predicted that there would bo as high as 600 cars here tine day next week. "President James Pettltt, of the Pesvy Grain Company, had reports from tbr nerthweet that there was nothing of ni unfavorable sort that would affect general results In that section; alio from Wintilpeg that crop condltlous could hardly bo tlnucs I»« tiepr moverne . . _ Reposed to hold off i portor* dine continues, steady prices would to be n lionltliy one; and buyers wouTd doubtcdly take hold freely.) \ nttii* bull _ .. mow tho eltastlou now l\( . _ — ___ gov am crop report Is aas nt l o’clock Chicago time “ ■ “ *' * sluing* points r _ r jnni ina 1 m i on our a last month. The first report on corn* this season will 9 given out. It la expected to all condition betwoen 86.5 and 87, an rengo of over 96,000,ooo; Last jmt the million was 87.3. acreage 94,000,ooo and •ran 2.544,000 hiudieli, which wn* Incrcaseil !,7u9,009 buihel* in final return*, the con dition Improving to N>.2 In October. A report on farm reserves on whoat July _ will bo made by tbs government this afternoon. Last year It was 4.4 per Cent, or 24.2J7.000 husUcla. Thle year tit la ox- ported to bo 6.6 to 7 per cent. The former will represent 46,000,0o0 ' tire figures: June, Juno, Jut: 1906. 1906. Winter wheat..83 86.6 Hprlng 93 93.7 busliele. Compnra 8J.7 384,000,000 Total crop. Oats 89 92 9 92.1 Cash sales of wheat In Chicago were 65,00.) bushels. Including 46,000 bushels No. ** hard at 2c under July in store. 10.00Q K . ._y it bushels No. 1 northern at 2s her In store and 10,000 No. 2 rod at 2c over Heptember f. o. h. Haks of corn were 100,000 bushels and 'to 80,000L A little export business In wheat was closed in Duluth nnd Kansas ritr, but the details were withheld. The seaboard reported no business. ChJ|r- tors were rnado for 200,000 corn at lVic to Buffalo. Russia will raise 700,000.000 busITels of Minneapolis. It came In reply to so Inquiry about the cron. Tho figures Indi cate a loss of 44,000,000 bushels from last j ear. GOVERNMENT REPORT ON GRAIN Condition of winter qrlieat 86.6: last year Due to Dry Weather, Light Re ceipts and Better Cables. By Prlrat, r.ro.M Wlrn. Chlrnffo, July 10.—The government July report Indicate* a wlioat crop of - 71 '. epilnir and <31,0i|o,000 win ter or a total of TIO.OOO.OOO buehel,; corn 2,405,000 and oate 814,000,000 bueh- •I*. Condition of nprlnit wheat woa Bt.4 and winter wheat 85.6. Corn 87.5 and oatn 84. A month ago .prime wheat waa os.4, winter whent wn* 82.7 nnd oatn 86. Wheat cloned l-4e6-Sc lower; corn 1.4<T8-8c lower, nnd oal* l-8c V>wer to unchanged. Provlslonn woro higher—pork 171-2® 20c, lord lOo and rib* Tl-Se. Cnnlj eaten at Chicago, 10,000 No. 1 red winter whent at 8-4c over Septem ber In .tore; 6.000 No. 2 hard, 25,000 com and 16,000 oate. Logan & Bryan ealdi "It look* an If the Northwoet wan shifting Ite nhort September whoat over to December, ae thnt portion haa bought September and fold December wheat." CHICAQO GRAIN MARKET. The Chicago grain market ranged ■■ fob Iowa today* WHEAT- July. Sept. W* PSte .. f'A'lS- Jaly. .. Hept. n -Jt :: Sg U .. 60V4 6o4e 3 sS JaTyT. 17.76 8®pt. . 17.234 Jan. .. 11.96 I'ORJC— July. . 8.074 8.97H 8* 49H *74 IS 50 it 16.65 17.424 14.974 dept. . 9.05 Oct. .. 9.10 HIDES— July. . ...... |opt. . 9.474 o.i: 124 .174 17.76 18.60 17.224 lt.4T 14.95 8.96 U.f 41 9.10 %4 17.674 17.174 Oct.. 9.474 9.624 9-55 Oats »4,‘ )sst year 911.* THE 8UQAR MARKET. • Private Leased Wire. Cow York, July io — Local refined nnd raw Uigur msrknts stnnfly ond tmehangsd. Lon- don hast market steady; July 8s 44d, sn«l THE DRY GOODS MARKET. here In largo numbers, and their operations will commence to ho notlccnhlq In a week Lviy 'Ihlsh.n of tDo mark'd la stronger to eorno extent, except coarse yarn brown good* from 34 confs n yarcl - >.274 9,2... CAHH WnBAT- No- 2 rod wheat 78«ft79: No. 3 rc«l 76449 If; No. 2 herd 7«iUrcf7S; No. 3 hard 7<ti.6: No. 3 northern spring <94|t>s4. NORTHWEST CARS. give tho northwest and last year: l-eat Last Today. Week. Year. PRIMARY MOVEMENT. The following figures gWu tho primary movement of wheat ami corn today: Whoat—Receipts 666,0u0 bushels, sgslnst I65.W) last year: shipments, 629,006 bushels, • gainst 272,000 laat year. Corn—Receipt*. 64.1.bushel*, naslait tc.tav) biialifda In at year; shipment' ■gainst 3IH.OOO last year. l.00h tCHICAGO CAR LOTS. Today. Tomorrow, LIVERPOOL GRAIN MARKET. <i|)e*neu -'ll inwcr; i ®o p. m., nti« innged to L lower; closed 4 to 4 lower, i orn open**4i 4 lower; 1:30 p. m.. 4 to 4 ghor; closed 4 lower to 4 hlgnor. tr* ATLANTA NATIONAL BANK ATLANTA. OA. 0. I. CURRIER, President. A. E. THORNTON H. T. INMAN, Vlee-Pr«eld.nt. GEO. R. DONOVAN, CnhMf. JAMES S. FLOYD, Au’t Ouhlv, Capital 8500,000.00 Surplus and Undivided Profits $500,00*80 We Solicit Your Patronage. L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, 8R4IN Cormpoi*it'< Cspltsl }250,000 RCrCNCMCC, THE NEAL BANK PHONE I AIT. PftUOKNTIAL BLOG cxm'ON^^Ai'ffi^R^ishi^Sm^^BONDS, 1 No. 2 Wall St.. Pat an Balldlag. Atlanta. 0a. 8(88(11: CkUtf Itardaf Trada. Ckltaf Ifetk lathaaga. Haw Yark Catfaa fttkaaga. f. C. CQTHKAH. Maiagar. Standard Pkaa< *1 by the approaching termination of current manipulation, ttver most of the belt favorable crop condition* obtain, trat «*x«~e-**Ire met st* r* has rendered the re mainder peculiarly seecvptfWe to weather ftatnsge. However. *t tho moment the magnitude of the trade interact la the new matter* little, rurveat . •- very nearly at a standstl PIEDMONT BROKERAGE CO., (J.i corpora ted.) Basement Floor Piedmont Hotel. •TOC lift. WO** Oft. GRAIN, PROVISIONft. INVKftTMCNTft, Fast Wire Servloe from New York, New Orisons, Chicago. COenCSPONOKNT ft M. J. ftACE ft CO., 43 aSOADWAY, NEW VOftM. 10W. NOTH. Hanagtr. la<al and Lang Dntn:a •♦»/ Phont lift. MADD0X-RUCKER BANKING CO. CAPITAL SURPLUS AND PROFITS ACCOUNT* INVITED Wo invite accounts of individuals, corporation?, banks and bankers nnd offer tho best terms consistent with conservative banking.