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

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THE ATLANTA GEORGIAN. EDITED BY f f ■ ■ Y V- , —I. -- _ _ Mr. LlrHy’* 2fi ytars’ Rip*rtonrn !j josephruvelyI THE GEORGIAN’S RECORD OF MARKETS AND FINANCE JaSg-SS-g WEEKLY REPORT MILDLUIILLISH SMALL advance followed ITS PUBLICATION. Shorts Getting Nervous and Show ing Disposition to' Cover. •light IniproTfffl* M -jia.hr the ndvan«*« war small. Tb#’weekly government r*i»ort war con- atrued of bullish average, in that nights wars cool and days hot in sumo sections, vhllt In other too much motstore la re •d Oa Its publlcstlon some covering D lgre. but It wss found that very little eotton arts for sale, nnd an advance of tome I or 0 points was easily brought * Trade la very dull, howerer. nnd until something definite occurs to Induce the out- 4de to mako ventures this condition Is likely to continue. A crop disaster would be favorablo to higher prices. It I* not likely we will » n v3!f ; v I i ■alee, sad ss we lire entering the most critical period for the crop. It la highly nrohabl* we will have sotuo crop scares S tte near __teraat out IpmPVMHHP panua than la generally believed—and this Interest la praying for weather nnd weevil to let It out. In the face of the fact that the i: :!i* so ravorabl** for t*o 1 . - ‘ ng Hint n in..re determined fort hae not been made to force these long* tn cover; the bears, however, seem con tent to alt bach nnd allow the weather to gradually forco prices down. If thero Is to he no had weather at all from this time on there can be no doubt, of course, that some day tho bulls will have to get out. and that they will then break the market l>y the liquidation; on the other hand, s spell of bad weather nnd plenty of weevil talk might let them out without forcing s break. The feature of tho sit uation continues to bo the fact that com* NEWS AND GOSSIP Of the Fleecy Staple. •POT con ON MARKET. atlintt—Qnl.t, 10He. N.w fork-quiet. I0.SJ. >>«• nrli'in.-Mtrfly, iV Liverpool—8tfody, 8-lOd. Anfu.ta—(toady. UJ4e. rad& !&?■ Private Wire to Ware & Lelard. New York, July 10.—Cotton opened quiet nod steady with commission houses light rTmc rB “ na loca,# • l>0 to mu n atuSl* Wtt90 * * u,t August Liverpool cables: ‘•Narrow market; crop IjecounCa^nonfwhnt lean favorable In At- Private telegram from Taylor. Tex.. July 9 says: "Heavy gcueral rains over this Motion; no worms or weevil complaints. Crop prospects are excellent." U»k for continuation of Irregular market with spasmodic advances due to shorts core ring, though sustained advances are not to be expected nt this time. Atlantic, but showers are reported in the western belt, where they will do good. Liverpool was duo unchanged to 1 up on New Orleans and unchanged on .Vow York. It would be a bullish market If It were not for the small spot sales. The not stock of iMtt m in NVw n r |o.iin Is 34.506 bales, against 45.314 at this time Inat veer. The amount of cotton on ship board Is 13,044 bales, against 15.061 last year. Fan Antonio wires: "The problem now facing the southwest Is the labor to handle the enormous crop In sight. The plant is so far advanced nnd so heavily fruited that pickers will soon be In greater demand than ever before. Private Wire to Glbert A Clay. New York. July 10.—Tho Journal of Com merce says: "Boring for the first of the wook started In fair proportions yesterday. First bands generally display more conil- donee In the expectation ox a good six months trade now that Inventory periods hove shown a healthy condition among sec* LIVERPOOL COTTON MARKET. Liverpool, July 10, 12:1S p. m.-^Cottoo, spot, demand limited, with price* easier; aMdllng uplands 110: sales 1,000; American 1300: speculation and export 3,000; receipts 12.nno: American 3,700. Future* opened quiet nnd steady. Opening Previous Unrig**. (’lose. <’los*. ..6.804.82 6.83 6.80 .6.76-5.77 6.78-5.70 5.7.1 . ,5.04.70 171 6.6S ..5.614.83 6.64 160 ,.5.574.69 5.90 5.54 IIP 8 *5 IS . .6474.69 6.60 6-56 ..... - 6.614.63 5.674.68 .5.004.63 5.63 6.59 July Oct.-Xov. . . , Xor.-Dec. . , Dec.-Jan. . . . Jan.-Feb. Feb.-March... . March April. . , Closed eteady. TODAY'S PORT RECEIPTS. The following table shows receipts at the ports today, compared with the same day hit year: s New Orleans. Galveston .... Mobile Savannah Charleston .... Wilmington .......... Norfolk Baltimore New York Boston eras. g up snot goods, nnd even though there la a •light lull from the active operations of the pnat two or three weeks, It la not believed that buyera have covered their wants any further ahead than August and wltblu a short period will again Ire forced Into the markot" New Orleans. July 1ft,—The bale new cot ton wna sold at auction yesterday for 46c per pound. It was from Brownsville. Tex., and was bid In by W. P. Brown. The pro* ceeds, ns well ns the amount raised by the pool, will be turned OTer to the charity hospital. "Good come too noon." weather report. "'Central Texas wires; "New complaint of l>oll weevil from reliable people c—*— *~ Damp, cloudy weather prevails." WERE VERY SMAL TENDENCY WAS TO SAG DUR ING FIRST HOUR. Early Declines Ran as High as One to Two Points. friend wires from non Louisiana rth Louisiana."’ Cotton gene^my ^jne: stands excellent: acreage Increased and tho pros pects are of general comment. Corn rrops ulao flue; If pans out nil will be satisfied." Today’s map Is very favorable, showing rains In the central and western belt and !!.<* eastern belt dry. opening prl.-ps should show the influence of auch excellent con ditions. The western forecast Indicates showers throughout the section tonight and Wcdnes- tfta eastern forecast Indicates fair weath er for the Carollnns tonight and Wednes day; for tho balance of the section partly cloudy weather with occasional and local New York, July 10.—The week report was In practically all n Torable. Thero have been m INTERIOR MOVEMENT. Houaton Augusta Memphis , K foals llnclnnstl Total 0IBERT JL CLAY'S DAILY COTTON LETTER N.w Orleans, July 10.—Advices from Liverpool w.rs mors favorable to hlgh- J r pries, than hat rscently been tbs *•**> *nd options on tho close recorded » Min of 4 points, while spot salos ■natntalnad the riverr*9 recently estab- llahcd, namely, 5,000 bales, at a loss of » points. r Price changes In the local market •-re unimportant, but the tendency *aa upward In anticipation of a bullish J rather report for the week, which, however, being about as expected, fall- JJ 10 Influence market prices. Even ihe »h»ence of rain In tho Atlnntlce, according to today's map, llkewlso fail 'd to cause nny bear activity. This •enure of the market to respond to these vital Influences It primarily due l® 1™ exceedingly small proportions to *nich outside Interests have fallen. i.rop accounts heretofore have been. “ a rule, very flattering, but from •onie localities reports «r- now h.-ing received denoting less confidence, re- jorie of an excess of moisture In soms •ertlons nnd the renewal of boll weevil activity in western localities constl- [utlng the complaints. The crop’s crlt- 1 * V* rlod I* hand, and the closest •erutlny of Its progress will be ob- '♦rved. An Increasing of Interests Is *[*o Impending as the new cotton hi. 1U| *!'Pearancc, and wo are In- «>ned to look for a corresponding en- ifc?' m * nt of speculative activity In 'he n»ar future. *ew York, July 1#.—A small nar- m »tkst prevailed today almost en- SJJ’T without feature, unless the d«- 2J? 1 * *» Inter-Metropollian was con- 7kV. . ‘ These Issues broko rather narply under pressure, which was not tpialned. The trading In the prlncl- [S, "Mculatlva Issue, was on strong in * 1,lw '**h restricted In volume to “ ei, ent not experienced for many WARE dL LELAND’8 DAILY COTTON LETTER kly weather respects fa- . much added r.ta. In Texas, and while some section, of Ihe Atlantic states show too much rain, there ll warm clear wsather there now, and the plant Is In good condition. There was iinihlne really unfavorable In tho report. Thero was practleally no sec- tlnn tnlklmt of damage. When compared with the usual weekly St this season of Ihe year, the report we. exceedingly favor- stile, llut the market felled to move In either direction. The short selling e.rly In the d.y hid bseu sufficiently extensive to lead professions!, to cover on the ad vance. and thl. started an advabce of several points. A large amonut of cotton was taken from the market early, and - there waa Ut. an advance of mt any cotton, . any marked do- ■Ire to soil. As far ts crop news went, reports wars gsnermlly all ihat could Ire desired, Until some untoward development I. even, the market li likely to rontlnn. narrow. Thoro Is little pressure at tbs mo ment. Now York, July 10.—Tho stock mar kot was a dull. Irregular and uninter esting affair thla afternoon, following aomo little activity, but within free, tlonal limits during tho morning trad ing. Tho operations of the room crowd seemed to predominate, and tho largo Interests remained Inactive. Tho dis position to await tho crop report waa manifest, while the attendance In the street was perceptibly curtailed by the dullness. The outlook favors a main tenance of the trading position, but with a preference for the long side on the reectlono, which will give moderate returns to active and alert operators. The money situation Is still reported at being Improved, and wa see no rea son for belltvlng that the market will meet any amount . of liquidation at present levele under exletlng circum stances. so lhat any feature develop ing calculated to stimulate nervousutbe on the part of the been would be like ly to bring about an advance of sev eral points, where eome stock would undoubtedly be met. Several aeao- dated Standard Oil houaee recommend purchases of good stocks on recessions. Intimating to clients that improvement will take place In the not dlatant fu ture. Conservatism will repay the dally trader. By Private Lea.ed Wire. New York, July 10.—Barely any thing worth recording happened In to- day's early market. Tho only feature at all was a further contraction In the volume of business, the total transae tlona falling to the lowest ebb In a long while. The reason for this was easily apparent. There w as no selling ‘of con sequence, neither Avas there nny buy Ing, and those opposing characteristics were ► , plainly stamped upon the deal Inga that even tho profeaslonal traders abandoned the market In disgust. Prices vacillated between strength and weakness without nny real movement either way. In the first half hour n feeble effort was made to get atorks down, but as has been the esse for several days, no liquidation was brought "111, nnd when the curly seller* Hied in recover Ihe storks sold quota tlons went back to where they had come from. The stock market opened dull and Irregular with the Initial quotations showing small fractional fluctuations In elthtr direction, the change* rang ing from 1-8 to 1-1 per cent. Readlnj; opened 1-4 higher. Great Northern ant Northern l’nclllr up 1--. After the opening trading the roar- ket turned weak all nround. New York, July 10. 11 a. m—The market during the first hour was sag glng without significance or lmpor- lance to thd 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 cauao enough Im pression on values to allow them to make fair proflta. After they had sold stocks early, causing declines of 1 to I points, moderate buying by-them selves caused a general recovery. Lon don waa as dull as New York and arbi trage brokers ceased cabling soon after the opening, saying there was no op. portuntty for them to trade. GOVERNMENT WEEKLY REPORT OF WEATHER perntures prevailed. Tho first half of I week was fair with ampin snDihlne. .TL* second half was partly cloudy to cloudy, with showers to eastern counties and rale, fall heavy fo excessive st a few widely Mattered points Haln la needed over Ihe western half of state. Arkansas—{Little Reek) The days ware moderately warm and the nights mostly cool and unfavorable, the mean temperature being below normal, BtneOrlal abowere occurred except In southwestern portions, where more rein le needed. Tin* rainfall wee considerably below normal, except In Monroe and Ht. Francis counties, where It was above normal. Georgia—f Atlantal The weather wns pleasant with temperature slightly below Bormgi. Showers were general on the 3d. 4th gad (Hi; In the northern half of the slate on the 8th and Tib. There Is nmple moisture, most districts receiving rainfalls exceeding l lorb. „ _ North Carolina—lllelplgb) The precipita tion was much above the normal. Fro- qaont rains, exre-dvc In eastern and cen tral districts, canoed considerable damage. Sunshine Is needed. Tho temperature aver aged from 1 to * degrees belew normal. Oklahoma and ludlan Terrttory-<C home) Cool northern winds prevailed, temperature averaged 3 degrees bolow nor mal. The first half of the week was clear and Ihe last half generally clondy, with occasional scattered shower*. The rilntill was deficient In central and Anas, southern por- South Carolina—(Colnmbtal The sunshine and temperatures were below norms). The precipitation wae slightly above normal, widely separated localities ceestre Itatn ts oeeded weeks past. The action In the mnrkrt In the afternoon Immediately after the government report waa disappointing and gave no Indication of support, and. In fact. It would seem almost as If the market had been sold heavily against since Saturday. It would ap pear almost aura that In today's break In starling gold Imports wUI follow, and lhat money will continue fairly plentiful but there Is no present avl- dance of achange of sentiment from that which prevailed about the time congress adjourned, and the market will require some strong leadership to reinstate confldence. All see* ods still b«T* ample moistnro. LotiUlsna-HN«w Orl*tna> Th* w**k op*n* M with renrrnl *bowers, which w*r* heavy In tom* localises. IJgbt scattered * —rs occqrr*<l ut tn* close of th* week, alnfall was deficient In most sec tions. Th* temperature was about nor mal In southern portions and below fn northern portions. Tho normal. Mississippi—(Vlrkahnrgl The day 'emper- .tares were moderate and nights raoL hlocb of the week wee clondy. a f showers occurring, bnt rainfall .rally light and scattered. ' i many localities. Texas—{Hslveetonl The week wae gensr- ,11 v cloudy end unnsnaly cool In western .id northwestern counties, showers wear- ring la nearly all counties, rainfall being heavy In uio nreads valler and In cen tral and southwestern sections, nnd gvn- crally below the avenge elsewhere, kc- rare thnndmstormi occurerd .on Monday ■uumOMa-. ... week wns gSaerelty light, but' beuvy In' a few Instance*, and af forded sudcleat motature. as a rule. In eastern aud northern.sections. The west ern and southern portions of the state gen erally are very dry. RANGE OF NEW YORK STOCK MARKET Open|nigi|Low) fci’eif%fd!^l% Anmlffnmfltctl ('<»p|*«*r Atlantic i’oflMt Line.......... American Sujpir Kcflulag. Ansconilu American Locomotive do preferred American Hmclthiff Itcflnlnf.... d" preferred IgMtrain 0*ttOU Oil.ee.ee. Baltimore and Ohio Brooklyn U«i»bl Transit... ••11*1111 l'arlflc Chicago and Northwestern. rhcMipenkc and Ohio Colorado Fut>l nnd Irou *, Central I<entlier.., tlO |>l oft-rt.'. I CWriijro Slid Ciofl! Western........ i hlengo. >iil«iitikee and 8t. Paul Delaware ami Hudson lint I tier's Securities do* preferred! !.!.!!!!.!!!!!!!!•*... Geni-rnl Fleet rlc... llllllo|« Cvlltinl ...... see Anterlenu lee Hrnirltlei.. Ltnilsi llle mid Nnxhvllle Mexican ('entrul .XIURourl Pnelflc New York. Ontario and Western National Lend Northern 1 *««*l fl** New York Central. Norfolk iwi'l l’toiiKvlvonlii People's Ons i’reHHt'tl Ktoet Car. do. preferred Pacific Mull see*. ••.•feu ReHditlff •• Hepubllc Steel Hock Island d*. preferred......* United Bttltes Kuliher.., ••«.*. do. preferred. Southern Pacific.•.•••••••••••.•••••••••••/•.*••««*«•• Stuithem lCHllwny.,...M ••••«. tin. preferred ••••• Stoss Sheffield ’rennesRce Cosl and Iron •••••• Texas ami Pacific. Union Pacific......* |»jfl Shit.-* Steel.,. do. profotT*<S..tf.......t.« ••••••*•••• VJrff 1 nla-CarolInn Cnfiolcal do. praferrod.... Western Union... •••••• Wabash do. preferred.. %••••*• ••••••••« Wlseonsln Central.. do. preferred m%i m NOTES ON GRAIN Potntorg on Provl.loui, IntlMd ot vh- rrtvste tVIrf tn Ware A Lrlnnd. . Chlvsgn. July ta-C.b Miss nf wheat V lh« fouotry yvii.nlay Cotnllw-l ,|M,ruo bushels. One prominent re la vaatardai ... ecllno 1 will Im unable to rapport pries* until g*t In an export basis, or nnlre* th. north- west develops • crop Kara. corn rapport Is ennSord In Inca ■VHPpRI and soft win bur wheat war* about IVfce below sellers’ views, tho raioa m th* *<>ttUiw*«t ha ring causoJ th* chin owner* of wheat to withdraw the being __ Yates Isttaet advantage . shippers prwllets that ChT rerelve bore uhent tbls mouth RANGE OF THE COTTON MARKET AT NSW YORK. The following Is tho rang. Id cotton future, in New York todav: rr>r|0| „ July fe • T 10.S 1.33 10.M 10.33 1033-34 1034-37 :w.=> 1038 Mb» loss 1033 33 It&IO ,10P 1041 1033 1040 10.40-41 io?}-*? Kir. 30» TIPS FLASHED From Wall Street A Ca.; Wo do not feel JultUtad In taking any prattloD other than that tbl. I. a tradlug market with t tendency toward spertaltv anil Irregular Improvemrnt, nnd ihnt It should b. bought for turns, at leost on all reactions with tbs Individual positions fol lowed closely to bu In accord with pro-| fvreJsraT spirerirai mSISMHSHBBI best guldo now.” which constitute the lack of news, which could b» ox ■frk.t Iniuenre this morning, I. a feature of th. ’uiuns aud comment. It * it botweou tba boavluesa pear that uoiweon mo oenvuirss of Loh aon and discussions of t)M mooetary alt- untlon. xesterday’s market became n dla* appointment* to Intsrestg working for an advance and tho ab^nr* of ouraid* sup port became too ohvloua to b« dlaregarded. Th* banka hav* lost 11.808,000 through anb- treasury operations aloe* Friday, fho re marks attributed to Mr. Itogera fn Th* Herald this morning reflect tho attltud* of theso Interests ns fir oa c»n bo Judffod 1 * - v * * *—-*■— *— ~*~*f timo . firflnlt FAVORABLE WEATHER CAUSED THE DECLINE Xcw York, July lO.-Th.Bun soys: "A small decline wa. th. reralt* more of gen erally favorable wether than anything els.. The liquidation aud short seUiur. how ever, were email. I-oca I operators who raid early covered before th. dore on «ruling that Ihe market, though grew! rely stroug, showed . •f resistance, flpot markets Were Arm. •pinners' takings are targe all over the world, awl heavy rein. Wes so n visit '• *■ ALABAMA UT. GIBCRT & CLAY coerce, provision* ATLANTA, OA. viJ j*jt Jlotk Bxchang*!N>w Orleans Cotb {JJ Ydri Exchsncf jNVw — °rk Ceffe. USKSg^Bi SUSS SSSSS i .* Private Wlrn t* all Exchsog^*- ciniM m■..... ‘acuI and Long Distance Telephone 5298. W. R> FAGAN, M.ntg.a of Trad*. „ s Asraclatloa C.tton Bxcbsngw •planers’ OienE,’ ’where they are oenataly Ml wrated.Tf there Is any Iralb at alt fa Ik* report. th*t th. crop In.that state Is pretty real/ In lh» grs.* IJverpool bought Ita- cembrr t» wan. extent, lending bulls ire ■eld to revo bought October sod raid De cember. A eomnilMlon bouse here Is rb- ported to re about to ship t ' “ to bate* to New Orirens to doll. contracts. It la a waltlag market. Tk» crop 1a relieved to bo doing well, but even the more sanguine rears, fearing that aouir- to take tho aggressive at the pteseut tlm*.”—Olbert A (.'lay. aajrwbcre. The nunore<l shipment of July traders to New Orleans from Now York change of [grace, other than that oc- BBRBI rcsssqraM^B——BMBBM castooed by tba approaching tennlnation of current nisnlpatatteu. itv-r m-ot of the bolt favorable crop condition, obtain, but rxeenatvo uot.iuro baa rrielere-I tho re mainder peculiarly susceptible lo weather deuuge. However, at Ihe moment tke ■agnltudo of the trad, latatvat hi the bow ■Battaua bod * let -i" ■ • Wit,. log very nearly at a nla tire grading lacking luduccmruL"—tvnro from stock markot trading for some d also the attitude of many jna%Sss ".o*ne to revUS now Is. arc Hiafiam—tala atrong tnuyaii to offaet the Infl'jpnrf* sugacBtetr. oni how long will It take to wear off ‘ this Invasion of confldCDc*? Uptown sentiment: In spit* of th* fttor- able basin*** conditions throughout th* country and tba prospect of st icrrat ar*r* age cropx. men who nro wHtnhlufffhemsr- kot closely here arc !ncu&*d to b«l*v* that It will b* attractive only to trader* fSr ram. mui tlms. While It 7 •■J^ l, l pre dicted that Prices *t. guln* *ery inuch lower. tb«- prevailing opinion ts that tin) fluctuations will rat b. wide In either dlrerllon, sod that UMt •* verso factor develops, th* tendency will be toward gradual Improvement. Private Wire to Ware k Island. New York, July 18.—Loodoot firm. Government report this aftarnooa axpaet- cd tn be bullish ou stocks. Press reprerantallvs flt Paul has mada a po,onaj»Q loan In 1'arts. SeoUment somewhat mixed, market Is blghly professloual, but wbensver breaks take pise, wouldiita.ee tJtalng m tb« goo-l stocks for 1 oc 1 potato turn. Wealthy In ara assuming s passive Interest _jt will undoubladly extend support should brer pressure become too pro nounced. Action of flt. Paul does net reflect any effect or any loan retag mado abroad. Market la under professional pressure. Tblik w*U Of Atrklran, Mlraourf Tactile and Baltimore and Ohio mi breaks. Vlacomta Henri Haris d« Andre*, a balloon enthusiast from Paris, who la traveling In thta country, "has Ideas about dressing. Ha holds that In a faw years men will be wearing bright-col ored evening cloths*. Ha has begun the reformation by appearing In gray or brown aftar 8 o'clock. AT NEW ORLEAN8. * MW iuiiim/un II futurea lo Ntw Orl Laac rrevlou* Op*fie High. IsOW- Hale. Clow. ddM July .IfiJi MT iw u¥ 11.0447 10.34-66 Aug. .10.57 Wm Du MJ7-6| 104446 Sept .10.45 10.45 10.45 10.45 10l47*40 10.3648 Oct. .10.33 ld« 10.32 10.33 10.33 34 If ' No* ..... ..... .....10.3*40 11 Dec. .10.24 10.37 10.14 10M 10.f Jan. .10.31 10.40 io.3l 10.40 lo. K*b ..... ..... 10.. Mch. .10.46 1M3 Cloaed attady. COTTON SEEP OIL MARKET. New York, July 10.—Th* market for cot ton accd oil was quiet during tho early trading yoaterday, with aomo atrength la •luly, 'vhl'ii Nh.iw I mi nil n 11 i-f *•><• from last week. Tho late poaltloos w*r* ii!,ou» nllh tin* uihI.t Imu* Hr in m-l'MlP'l M It" \IT> llffll. N|M.f nil offered. Th* demand for export allowed aoma Improvement and th* strength In,lard bad a stimulating effect, bnt eoni* trntlori •Ml Mlt iMfWl vtof of th* situation on account of tha favorablo prospect* for the cotton crop. Th* market at th* cloa* V8Ug39JS% &V BCb,attA * *• fr.uu rounlry eago win ncaMMaBmwmamm tb«n In any previous July Id Its history. &s PaStSSHf"had et reporis 'feuaTh# I that-crop cradltlona could hardly bs Tm- ived upoa." frijat* Wlr* to War* A Leland. Chicago, July 10.-The wheat markot < Itlaueg to b* d*pr*s*ed by weight of IN non* crop movenieot with mlllora and ex’I port ora dlapoaed to bold off an long aa de cline contiooea. A11 y little bull n*w* to atondy prices would ahow the situation now to be n healthr one; nnd buyers would 1 doubtedly tako hold fr**ly. ^p h,c reM*d r .»o'«KS tSSSSsS condition botw.ei acresg* of ovar M.000,1 condition wa, 37,r aa oa oats slacs Intw wheat, a h In apring wheat and last month. . The iirst report on corn this aeerna will “jsrtfgY mri^OOo'tuSielaJ'whlcf we'e^craaswi J.W9.008 tmshola In flnsl returns, the con- dltluii Improving to H.l In Ocleber, . A 00 rena rerarvee on wheat July mjpjn# forrasr Uva •gurea\ nt 48,000 '°® ) L'ompare- flr $(• fa £1 r fe oats ;*6 »m Cash tales of wheat In Chlrago wer* huahola, Inrlu.ilug 43,000 busnala No. ala No. 1 bIMhb her In atore and 10.006 No. 3 prjr September t. ah. 1*1*1. of corn wer* 100,000 huahels and ©at* 10,000. A little export buBlnrss In wheat wna eloaert in Duluth ami Kansas *it,v, but the defalla were withheld. The sen board reported no hualoee*. Char- era were mado for 300,000 corn at lHcto ilnffalo. "Uussln will raise 700,000.000 busDhls Wheat thla year," anld a cable from an Oileoaa correspondent of Watson A Co., of Minneapolis. It came In reply to an Iry alKHtt the erop. The figures Ipdl- a loea of 4I,000;000 bushels from bat rnr. OPENED STEADY TO SHADE STBONGER ORDERS TO BUY CAME FROM ALL DIRECTIONS. Duo to Dry Weather, Light Re ceipt* and Better Cable*. By Private Learad Wire. Chicago, July 10.—The government July report Indicate, a wheat crop of 279,000,000 erring and' 431,000.000 win- l.r pr • total of nSOOn.i-m i„uh«i.j com 2,451,000 and oatn 814,000,000 bu,h- els. Condition of eprlng wheat waa 11.* and winter wheat *1.1 Corn 17.8 and oata 84. A month ago Spring wheat was 9J 4, winter wheat waa 82.7 and oata 88. ; Wheat cloaed 1-405-So lower; corn 801-8C lower, and oata l-8o lower to anehMgad. Frovlalona ware higher—pork 17 l-t» 80c, lord 10o and riba 7 I-2o. Cash (ales at Chicago, 10,000 No. » red winter wheat at l-4c over Hcptam- ber In store; l,000 No. 3 bard, 3-.004 corn and 18,000 oats. • Logan 4k Bryan said: "It looks aa 1* tha Northwest was shifting Ha short Baptember wheat ovar to December, aa th ?J u c,,0n ha » bought September and sold December wheal." CHICAGO GRAIN MARKET. lows'todsy'* 0 g ™ ln mark * t ran r-'7 •• f"tei fl® flB P is h S 1 :i8 D*c. ■Laud M uly.. I7.7S Wept. . 17.33H Jan. ..JI.E l'UBtt— July. . 3.WI4 $ a* 31 17.73 18.50 11:8* m 8.97U 17.6714 14 tt 3:2 m i:r. Kept; .’ 0.47(4 i.Biu i.'ifvi Ost.. . i.Yfg ,.28™ < AKH Wlll!AT— * » •Ml 78WtfT»; No. 3 rod 74V4« 71; No. 8 hard X» J bird 74fl No. 2 Hurt turn fpiiug KIDI2S-- Juy. 9M :• 42«4 a 32‘4 GOVERNMENT REPORT ON GRAIN, j log 19H MV*. NORTHWEST CARS. Th* following flffurca glv* tha northwest ira today, last week and last year: Condition of winter wheat 11.6; lut year 1.7: soring wheat 31.4, against 91. last year 17.1. Oata 34, i**t year 33.L THE 8UGAR MARKET. METAL MARKET. ir Private Loaaed Wlr*. New York. JuTy 10.—At th* metal - change copper wae r*dnc*d V4c In th* nsk- Ing prlco ror electrolytic. Other grades 8Rro %e farther for *pot and nearby deliveries. Lead and spelter unchanged. NEW YORK COFFEE MARKET. following Is given tbo quotations of the New January February March 5 Jay a»i ssr; i&r::::; October - November D#e*niD*r tiosed steady. SOUTHERN EXCHANGE Oldest Established Office South. conon STOCKS- Bonos —MAIN Ground Floor Ooald Building. Dally market letter and market manual mailed on application. L.J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN ComspooUnt’i Capital $250,000 ttCTDICNCC, THE NEAL WANK PHONE MIT. PRUDENTIAL BLDG cottonYgrai^, ^rc&isiS^.Hto^ks^bonds, Me. 2 Well St., !*•**• Ci - Mew Yerk Caffe t leek nee. ChUtie Beer 4 *f Trade. Hew Otltmi Cetlen luhan§e. Chlteee “ ‘ * rm ten tkem flC?. Wiref te Mew Yerk, Mew Orleett, Chicago. #1 Trace. Sleek firksfvc. Hew Yerk Cellee latheege. Mlnneepoila Diilutii Chicago PRIMARY MOVEMENT, ear. f The following figures give th* primary movement of wheat nnd corn today: Whont Kgcttoti 5d6,'«) bushels, agalaat ln*t year: ehlpmentM, BX.'iW bmfiels, j iiith 1 iikt i InMt year. C^rn—Receipt e, H3.0W tuiahel*. agnlnst biiH|n>ln In ref v ••!! r ; shipment*, 464,M0u f ognlnit 316,000 last yaar. * CHICAGO CAR LOTS. will commenro tn be notlcenble In a week •f no. Every division of th* mtmm n stronger to tom* extent, except coarse yarn Wheat Corn .. Data .. Hogs , T»»day. Tomorrow* I | ill I 233 i<o ' 15,000 30,000 LIVERPOOL QRAIN MARKET. Wheat opened *5 lower; I'.JO p. m , ui chmifed '• l-'U.-r, rlnaetl »* t«» Vk Iowa / ;*na opeii.Ml loner; 1 » p m.. «4 to higher; cloaed « t lower to higher. ATLANTA NATIONAL BANK ATLANTA, GA. C. E. OURRIER, Preeldent. A. E. THORNTON, VIce-RreeMent. H. T. INMAN, VlewPresIdent. OEO. R. DONOVAN, Ceehler. JAMES 8. FLOYD, Ats’t Ca.hler. Capital $500,000.0* Surplus and Undivided Profits $500,000.00 We Solicit Your Patronage. HUBBARD BROS & C0„ n Atlanta Offices, JH-JJI Century Building, Membcra New York Cotton Ext-henge, New Or leans Cotton Exchange, Liverpool Cotton Aseo- clalion, (-hivago Board of Trade, New York Got ten Exchange, New York Produce Exc hange. Bualneaa solicited for the eboveexchengea. Direct wire service. Correspondence invited. Phones 454, Long Distance35. A.S. Huatace, Mgr. PIEDMONT BROKERAGE CO., (Incorporated.) Ba**m*nt Floor Piedmont Hotol. STOCK*. BONO*, CRAIN. RROVIUION*. INVESTMENTS, Fast Wire 8orvic* from Now York, Now Orleans, Chicago. CORRESPONDENTS M J »AGE A CO . 42 RKOAOWAV. NEW YORK. tow. Horrt. Wanejtr La<a! a«d leg Dit'enre ie l Aho-e 15*1. WM. U PEEL, President. iton r. r. siai>i»>x. vi'*> rm. THOa J. TEEPLES. Ca*hler. JAH O LKHTUR, Aee t i /iehler. MADD0X-RUCKER BANKING CO. CAPITAL . . . $200,000.00 SURPLUS AND PROFITS .... $500,000.00 ACCOUNTS INVITED Wo invito nccounta of individuals, corporations, banks and bankers and offer tho best terms consistent with conscrvntivo bnnking. In our Saving, Department we allow Interest at tha Rate ot 11-3 per cent. Compounded Semi-Annually.