The Atlanta Georgian. (Atlanta, GA.) 1906-1907, July 13, 1906, Image 11

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The Atlanta Georgian., July 13, 1906, Image 11

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Newspaper Page TextEDITED BY JOSEPH B. LIVELY! THE GEORGIAN’S RECORD OF MARKETS AND FINANCE tfr. Ltvrij's 25 yMr*' exp*rl«acs if editing markets In Atlanta and South hns made him a rec ognized authority In his specialty. SUP IS US CROP IS REPORTED IN EX OELLENT CONDITION. Trade Waiting for Something Definite on Which to Make Ventures. The cotton market today wag untnterest* inz with price changes covering a narrow nnae. Trading was dull, though prlc— vere steady At a slight Improvement mlddsy. after opening 3 to 8 points lower. The only Influence of note was thejiewa from the crop, which was generally re- norted la excellent condition In Mississippi and Alabama. wUlle excessive moisture It complained of In Georgia and .the Caro lines. causing deterioration. A big crop Is predicted, provided nothing more serious happens to the crop than already reported, nonce traders are waitln for a change In conditions before niakln, ventures on either aide of the accouut Extreme dullness Is the result. The New York Commercial. In Its re view of tbo cotton market last Tuesday, ^'^fhe bolls made an effort Tuesday. .. was a more aggressive move than the market has seen lor Borne time, and seemed to be the result of careful organization. Tbs foundation of the advance which oc curred was laid Monday. It seemed that at s clreu signal there was n change In sentiment on the part of certain leading tonnes which have been very benrlsb for same time, and at the same time they began to talk bullish—reserving the ex planation that conditions have not changed and are only bullish for "a turn.” There waa nothing unfavorable iu the news from the belt, except the fact that certain darn that It hns done damage. “The bears made no effort ui mi m check the advance, and the bulls had things prettv much their own wav during the rest of the day. It was only during the last hour, however, that there was any Imying that looked like frightened short covering, but that came from the floor traders. The Bouthorn shorts did little or no covering.’* Br Private Leased Wire. New York, July 12.—The cotton market opened better than expected, considering the cables, first prices being steady at a decline Of 3 to 4 points. There seemed to be a number of sliorts ready to cover ind they were evidently Influenced by the said to be getting weedy. SPOT con ON MARKET. NEWS AND GOSSIP Of the Fleocy Staple. Glbert ft Hay. _ __!y U.—Liverpool to 3 down. It was expected to be 3 Liverpool cables: "Market affected un favorably by poor reports from New York, and favorable crop accounts restrain trade from buying." Wilson la a steady seller of December at uff tumi _ . m characterized with more frecdomr which hns Its effect In a stronger nnd more con fident tone displayed hv sellers In all di visions of the market. Bleached goods ore In a strong nnd constantly linprn\lng con dltlon. Buyers, recognizing that very lit tle provision would be made for dupllcato business and profiting by their experience In deliveries last year, made their original orders a little larger than usual, nnd made an effort to get them placed early. New Orleans, July 12.—The map is very wet, the rainfall living chiefly confined to the western belt. The Atlantlcs show but little moisture, mostly along the coast and very light in character. Wilmington, An- gusta and Jacksonville being the only points affected. Is exceedingly dull nnd quiet. Prices nro a shnde lower owing to the comparative dryness of tbo Atlantlcs and tho easier Liverpool market. Eastern forecast showers for the entire district t Friday. Habersham King soys: ‘Tho same baro metrical conditions which have resulted for the past week In showers at Irregular In tervals—namely, a practically nominal Treasure with very little difference in tho _ilgh and the low, still exists, and the con clusion is natural thnt for the next 38 people generally report crop condition In Texas best In history for tho month of July. Sueh^per/eet condition now exists that any change whatever In condition must bo toward deterioration in most counties. I notice many fields where the plant has tend to develop 5 toll weevil. The boll weevil has made Ito appearance In central and southwestern Texas, and will shortly make Its li “ MARKET WAS FULL OFSELUKG ORDERS WAS UNDER PRESSURE DUE INQ FIRST HOUR. One of Leading Stock Exchange Houses Said Market Is Defenseless. any Liverpool- Augusta—Steady, 114c. Sr. Lou!*—Steady, lo 15-lGc. Savannah—Steady, 10%c. LIVERPOOL COTTON MARKET. Urarpool, July 12. 12:15 p. m.—Cotton, spot dull, with prices caslor; middling uplands 110: sales 4,000; American 3.700: specula tion sod export 1,000; receipts 1,000; A mer les n none. Future# opened esslei. Opening Previous lung?. Close. Close. July 6.84-5.81 5.82 5.85 July-August 6.79-5.T7 5.78 5.81 August sept 5.71-5.70 5.70-8.71 5.73-5.74 Sept.-Oct... 5.554.M 5.85 5.87 Oet.-Nov. .... ...5.81-5.80 5.51 5.83 Nor. Dec. .... ..5.80 6.80 5.62 DetvJsn ....M0 .6.80 6.82 Jso.Feb 6.81-5.60 6.61 5.63 Febrttary-Marca 6.63 5.64-6.86 Mzrch-Aprll. . . . .6.W-5.83 5.64-5.65 5.88 Closed steady. TODAY’8 PORT RECEIPTS. The following table shows receipts at the ports today, compared with tho sains day bit year: New Orleans Oalveiton Mobtls Savannah .. nurleston . Wilmington Norfolk Baltimore N>* York Jtorton ................. PklbdelnhlB Ft el lie roast INTERIOR MOVEMENT. Houston Augusta Memphis Jt. fouls Cincinnati CIBERT 4 CLAY'8 DAILY COTTON LETTER S,*r Qrt.au, July 12.—Option. In Ur.r- were lower by 2 points from the pfe- rj ou » day’s close, which loss In valnes ca- 52* uorounted for by the unfavorable news !?•* the Eastern market furnished, and *S° [, y the satisfactory crop reports. Spot * <•« wm 4,000 b.l<4, »» . lou oft Wut*. The slight linprovemnt In today • could b# attributed to the receipt X • complaints °f deterioration that ;r* Atlantic states sent out caused by the L.t hsevjfc rains, but. tho damage not yet assumed serious enough ^portion, to etnse n divergence from tho ■•utlmeot now prevailing, nnd apart from T^tber condition* already noted as •a!?" 0 * portlona of the eastern belt, our from tto Interior nro exceedingly wUerlBf, especially from Mlariaslppf, I y*.rat prospects, on the whole, ere Easily admitted to be the best In years. }* *• generally conceded that the rainfall •n J' 1 '’.Present has been sufficient to meet !r p**is, and should a spell of dry wenth- !T take place, the excellent progress ■‘realty made would show a material lm- gjjjsment end encourage bearish -Optra* afe« Tarlr * J °l7 12.—Today's market was wriopment during most of the trading 3,*®^ weakness which began yesterday £*£*9* ere not assured and that the 525!!? ritoatlon Is still causing grave JJJvsrn to financiers. Beside* which, the 2?* by English operators In Kouth Af- has become a matter of gravest *nee. The failure of the market to f**P«nd to the fsrorable Influences earlier tt-JL^weelL make it Illogical to expect B ™Ag'6 pending the |,nnk statement, which not lie favorable, mid further . 1 \ i. .-n ft* coneemlng Rnasmn affairs nnd • 'nect of conditions ruling in that coun* HUBBARD BROS/ COTTON LETTER New York, July 12.—The dullness of gen eral business nnu of speculation continues. The fenture of the market and the cause of the Improvement during the day being by the short Interests on the fear of excessive rnlns In tho Atlantic atntea. Excepting tills, the market lncks interest, nnd gen eral buying hns not yet appeared, though the trade Is cajoled by bull literature sent about for Interested purposes. In /some weeks, tho cotton market showed signs of genuine unei of shorts. From the „ liberal buying of cotton t>y brokers Identi fied with bouses known to be short of the market. This covering became more urgent ns the day wore on. and there was more cotton taken from the market than has been the case for many weeks. This waa started by Jhe heavy rains In the At Georgia end t! plant Is not, m when the big crop was made two yeara ago, the August condition waa over 91. This is not likely to be reached within «>iiriif ni- ton points this year, nnd the com- kcly to be In mind for the *•-- -| rC r * on „„ NRH jratiMHHHH certain shorts may lead to a farther sharp advance. The market had a different ap pearance today- ® n »l the way cotton was taken out of the market suggested unfav orable private reports that may end In more actlre trading. GLOOMY~vTeWOF THE SITUATION Daniel Odell ft Co. wire Glbert ft Clay: ■We believe the stock market Is worse than it looks. There la absolutely no de mand for lionds nnd an abundant supply. The demand for dividend paying rails seems to be confined almost entirely to m speculative requirements. Many big railroads and other corporations need money for extensions and Improvements which they are nnable to get, an a we understand that some > of them may have td give up contemplated expenditures unless there should be a change In that respect, which may be the beginning of a reduction all along this line. The money ythin* but eucouraging and wm...— ...jt favorable, nnd we ao not see how we can bare anything in the way of a bull market In the face of such eon- dltlons, ns we feel now we would rather ■ell on budges than buy stocks. STOCKS REVIEWED BY NEW YORK SUN ...w York. July 12,—The Hun »a„: "Trice, at the opening weru prnetlrnlly un- clmngeil from Tuesday', cloning. Imt In a ibort time hardened r.ry perceptibly under .omewhat rlfortran buying of two or tbre. leading railway nharrn and upon the gen eral nnd umiuentlonnhly eounu notion that Tueiday'n gurernment crop report wee n M 8SU55W ,rn preferred eharee. • In the ceee of lira lint named tbo buying wnn_iceompn n led by renewed rumor, tnnt the 8L I-eiil Com pany’s plan of ralalng money for Ite Pa- "fle coait exten.lon waa about to be in danced, and that It would nnrely be aoch ee to extend to the existing Rb Taolahare- boldera extremely raluable enbsrrtptlon right, to n new stock leone. Bnt offer a little time the npwerd moremeat Hopped and the market became reliable. After midday It was ebrtow that the market wee once more nnder pressure, end In the last boar prices bearllf de clined under a aelllng moremeat relaflre^y larger than has been witnessed for some time, wbleh censed net losses, running share a point In moat Instances, to be •hown et the close of the day In the pHa- rloat stocks. An capedaUy sbara break ln^Colorado Tuel stock was pertiaps the feature of the afternoon dealing,- -Albert A CUT. try on foreign homes*. We her* pending rmlta of the Bt. Paul announcement on rial pleoa and the proapecl' ot a change Copper .11 rid mil. On tbto leat are think tbr Wet that can he axpmted would le a regular 7 per cret dlrldred na^T.ex- luting coodltions, m which, when deemed^ shouki have a good effect on the^tocjt and upon the market GIBERT & CLAY 1 *■ ALABAMA AT. STOCK*. BONO*. COTTON. CSAIN, corrcc. paovieiON* MCMBEHSi ATLANTA. OA. i,’’ Y-rk stock Exehange.|New Orlean, Cotloa Kt/bange^' fS-IJS.^rittonAssort .tie» l°tb Cotton Eiehange.lNeir Orleea, Stork El/bange Uren-J^CoT n Are York Coffee Eicbini. iSew Orleanm Board of Trade |i.alte«ton Lotion i.t uaaga By Private Leased Wire. New York, July 12.—Without reason other than the familiar ono largo speculators In a position where they were forced to sell, stocks went down again .«harply this morning. There was a good deal of pressure, __ be sure, from bearish sources, and not a title part of tho offerings were stock put out In short contracts. Liquida tlon, apart from this, was unquestion ably greater than It has been at any i in a fortnight- What tho market showed particularly was that specula tive interests associated In pools were obliged to lighten their holdings, or where, not doing this, were at least unwilling to risk extending any more support. In tho minor industrials, where tho pools have tho market pret ty much to themselves, the declines were quite violent, such Issuph as Rub ber, Central Leather, K«!pul>ll>- si.-.-i and Distillers' Securities, literally crum bllng away. In the standard stocks there was the usual buying on a scale down, but the selling during tho first two hours was all the time In excess of this demand and at the low level prices came very dose tb their previous low points of the year. The stock market opened under con slderable pressure and the Initial prices showed losses ranging from 1- to 1 per cent. Tho sharpest break was In Reading, down 1 point, St. Paul off 1-4 and Atchison off 1-2. Anaconda was a point lower and Amalgamated 1-4. Gains of 1-4 were made in Penn sylvania, 1-8 in Brooklyn Rapid Tran sit and 3-8 in Mexican Central. After the opening trading the mar ket steadied aomovtatTM the early losses were partially recovered. The market was full of selling ord ers at the opening and pressure con tlnued In a number of issues during the greater part of the first hour. One of the leading stock exchange houses In commenting on fhe situation said tlie market was ilfft-nseless. At the I’lHl «.f the first hour some support appeared, accompanied by covering movement, on which prices made moderate rallies from the lowest previous range. Arbitrage brokers here bought about 10,000 shares for Lon don account. Governments unchanged. Other bond8 lower. LONDON STOCK MARKET. i*nr. I Hos Atchison to,*,,.. Chicago, Mil. and Bt. P...., Erie .... do, pref.. .. „ Illinois Central.. . New York Central.* Pennsylvania.. , , Reading Hock Island . Southern Pacific.. . Boutbern Hallway... Union Pacific.. WALL STREET BULLS LESSEN THEIR LOAD New York, July 12.—The Sun says: " stiVft I ml In, it ni.iienrs, K"t rlil of n-.m. of their load, saddling It on some now tier- man bulla, uerordlng to mininmi report. But, aside from this, after Tuesday's small flurry, the market settled down to tho old )tonous pace. Nothing occurred to cause ,_JP marked change In price. Moat people are waiting for nmr«! light ori tli*1 rro[ situation. As usual, the reports in regan o this absorbing topic cut both way* n tha main. It li favorable, or seems to be so, bnt the outlook east of the Mis sissippi Is not quite so good as conld be desired. A good many fields In (Joorgln and the Carolina* are sold to bn granny. The plant in many localities is also said to be small. Mississippi needs rain, according to the government report; so docs Alabama are numerous who believe thnt the outlook to change — Ittle bnt wait for evanta. Homo of this ntcrest represented by Norden ft Co. have covered freely within the last two days. Meantime, European buying on a rather Ing.orders on a liberal scale. But the list- lesif character of the trading, so far as most cotton people arc concerned, mnkea the market about as uninteresting aa it can be."—Glbert ft Clay. ‘ nt pot the Impression that willing 11*jiil<lnt•• aroiu.il resent price level, and the fact that some of the professional Interest In that po si tlon has been wolA out recently cnco M .««. A the l>ellef that no sky-rockefa would be touched off at the end of the mouth. Mean- > ndvtees from Georgia nnd came along to the effect agcerati - of cur isrket ii fork Coffee ExcbsogeiNew Ori , „ Trieste Wires to all Exchanges. **•1 and Lena Distance Telephone 5295. fail - of Its only factorL terday’s cotton market probably broke the modem record for dullness. Khoubl no crop scare develop, and tho July corner bring no pyrotechnics Into play, the exist ing deadlock will, doubtless, not be broken l or several weeksj*—Ware ft Lelaud. COTTON SEED OIL MARKET. New York. July 12.—The market, for cot- jn seed oil was moderately active, with prices firm and good speculative support. Httw'ks of oil are smalt, and there was a good domestic consumptive demand, with some little business doing for export This, together with the brmnesa in lard products, had a stimulating effect on valnes. and there waa little dlspoaltlou to dell the late positions, notwithstanding the fact that cron prospect! are bright. Bails take a very firm Tlew of the sltygtlon, amt pre dict higher prices, but aside from the near vvK\; p ?Te' l oU E lower to He higher.—Ware ft Inland. Ggenlr- Bam Jsl* August Hcptemher October November * December Closed steady. . THE M£TAL MARKET. was off In the asking price, al- i offerings advanced He apgt*. Close, W. R. FAGAN, Manager. RANGE OF NEW YORK STOCK MARKET .Miami. Ainerlci Anarom AuicrlcHii I do pref«* t.ri Copper /...A least Lins.j... Sugar ltcflnlng Hcflnlng.. American Cotton OIL. Baltimore nml Ohio.. Malt I more nnd Ohio...... Uv a Kal i-1 l Canadian l*a« ific Cidcago nnd Nortliwestern Chesapeake and Ohio..;...,, Colorado Fuel nu«l iron Central Leather.. do preferred Chicago nml Great Western Chicago. Milwaukee aud Kt Paul.... Delaware nml UudSOD Distiller's Hecurltles.^ Erie preferred General Electric Illinois Central American Ice Securities Louisville and NunIivIUo Mexican Central......... Missouri l’aejflc New York, Ontario ami Western....... National Lead Northern I’arlfic New York Central........ Norfolk ami Western...... ylrnnlft * People _ ’*■ ‘ssed Steel Car.. do. preferred raclflc Mall Heading .......V. Hepubllc Steel, Bock Islnml United Platen I Bibber ......I!.!.’!!.... «lo. preferred * Southern l'nclfle Southern Hallway * >. preferred....../ Sheffield I ss. C Coiil end Iron Texas ami Facile Union Pacific United Staten Steel...., do. preferred... *•*«.....*t VJrglnla-Cnrollmi Chemical do. preferred Western-Union «... do. preferred Wisconsin Central ■ referred,*..., stock sales today, 945,500 shares. TVSIF! S8 RANGE OF THE COTTON MARKET AT NEW YORK. July JlSlJ 10.25 10.12 10.25 15.25-28 — Aug. .10.24 10.31 10.3) 10.3<1 10.30 31 10.3S-33 Sept .10.30 10.37 10.30 10.37 10.38-4‘J 10.26-38 Oct. ,10.31 10.42 10.33 10.43 10.42 10.37^ Nov. .10.36 10.36 10.36 10.36 10.41-43 10.17-39 Dec. .10.38 10.52 10.40 10.47 10.47-48 10.42-43 Jnn. .10.42 10.61 10.62 10.62 10.51-52 10.46-g 10.52-63 10.4s .j Mch. .10.52 10.61 10.61-62 10.58*67 Closed very steady. AT NEW ORLEAN8. The following la the range la cotton futures in New Orleans today: I.nat Previous Open. High. Loir. Hale. Clone. Clone July ,10.97 11.01 10.97 11.01 1L0? ni 1L0M Aug. .10.68 10.67 10.63 10.67 10.67-69 10.82-63 Sept .10.42 10.48 10.42 10.40 10.60-52 1 0.44-4*1 OcY. .10.21 10.27 10.28 10.26 10. NOV. e* 10.dll Dec. .10.20 10.40 10.20 10.28 10.28 Jail. .10.43 10.45 10.4T ia46 10.44 Feb 10.50 TIPS FLASHED From Wall Street New York, July 12.—Daniel Odell ft Co.l “New liquidation ha a I started, accord ing to reports received toward Wednesday’! close, and may contlnuo today, but It wlllj he taken on a scale-down by largo Inter ests, and while tho professionals may at tempt raids on tho money situation nnd outlook for an unfavorable bank state ment. wo do not think much will lie ac complished, and continue to advocate the observance of the trading position * i turning lor tuo better tilmll develop, can not expect even the wonderful fundamental! to work on eentlment." Uptown Sentiment: Men who ore observ ing tho market closely say that they do not see any Indication of a change In tho Immediate future In conditions which are now regnrdcd ns the controlling factor. They look for the market to continue dull and uninteresting, but are Inclined to be lieve that the tendency will bo upward rather than downward. orations, and encouraged through ■ llliig ln«-k tho short tntorm In In ampin supply, nnd no troulllB . , them, except Tennessee Coal and Iron, whlcn Is artificially held up. I vor no*tlATgood* stocks on" sharp breaks, for it Is a traders* market/ wltu downward tendancy. with lower price* * for 'and Cop- Dow Jorfes* summary: ‘merlcan stock* In London Irregular, •tly rather above parity. Bank of England rate unchanged. q’b meeting next week. Good demand for Mocks In loan crowd, Money working easier hero and abroad. Twelvo Industrials declined .89 per cent NEW YORK COFFEE MARKET. ho New January . ]’< binary March 6.894.85 April May Juno July Afifwt m —, “optoinber 6.254.49 ctooer 6.494.60 bvember 6.594.15 •ecember 6.80 Cloead steady. •Opening. Closing, mi.T f Srim li: I 7.99-7.19 6.1 i$i.S |] ton m SOUTHERN EXCHANGE Oldest Eitabllihed Office Bouth. COTTON — STOCKS BONOS Mil* Ground Floor Gould Bulldlnff. Dally market letter nnd market manunh mailed on application. L. J. ANDERSON ft CO Bankers and Brokers, 60TT0N, STOCKS, GRAIN Correspondent’s Capital $250,000 NircagNce, thk ncal bank PHONE 1417. PRUOCNTIAL BLOG NOTES ON GRAIN Pointers on Provision*. Private Wire to Glbert ft Clay. Chicago. July 12.—Wheat rabies are up a iy a fraction In response to OTor u cent ranee. Think local traders went homo long. Look for n continuation of liberal hedging sales. Think the hull movrinei at this Hum will be beeet with difficulties. Hot weather bulled corn yesterday, and there Is more of the name weather today through this state, where dnmsgo claims ruinnatrd. Halos In twenty-four hours would cause sharp break, as trade is rather narrow and temper extremely sensitive. Wa are friendly to ohta on the toft •pots. Pit traders are bast buyers of wheat on this rally. Believe cash offerings will keep coming In and check any bull movement at this time. . May corn ha* had a good break, and be lieve It la a purchase now; also, feel friendly to oats. Knlns over north- . Canada, and thunderstorms pre dicted. get unfavorable reports on the growing crop that would effect general re- ENGLISH CABLES BETTER IN TONE SENTIMENT IN WHEAT WAS GENERALLY BULLISH. Had a Stimulating Effect on All Oeraals—Opening Waa Higher. mod Knf- Record-!IeftMt Newton, Kane., wire*: "Harvesting of wheat ami oata completed. Wheat U a hamper crop, probnhfy tin 1 largest In history In this valley. Thresh Ing returns show from 39 to 44 husheU nor acre. Oats, as far as threshed, 25 to 50 bushels. Wheat weighs 61 to 63 pounds. Elevators will alt bo full this week if cars ore not supplied promptly. Most of the corn, was planted early, and It I* earing It Is taosetlng, nnd In silk." "Exporters.are doing some business with the outside," sold J. F. Jackson. "And will wooably continue to do so from now on. This may check declines from time to time, I Du bring about moderate rallies. With n prospective crop of 731.0u0.000 bushels, nnd carrying over In farmer*' hands 4H.mO.a99 bushels, against 24.000.000, and larger stock* In second bands than Inst yoar, lids country has a largo exportable surplus to dlsposo of, and to facilitate tho dispo sition of It, we must meet tho cheaper offerings of other coantrica." Several report* of black ru*t In wheat wore received, mainly from northeastern |, u t none of them wore Prlvnto Wire to Ware ft Leland. Giles, of Kenans City, says: "General rains over southern Kansas end Oklahoma; 2 Inches In Oklahoma City. A petition It being circulated nniong the former* at sev eral points In OkInhotnA to bold their wheat for 75c. Acceptances very small on lost night's bids. Chicago Inter-Ocean: "Aceoptancos of wheat yesterday were 750.900, bought on the eaine terms as for past week. One house bought 125,u)0 hard winter in No- braeka, the largest amount bought at this season In nny previous year. The move ment there Is curlier, nnd there will ho a reductlop In freight rates from west of the Ohio river. Tb* excellent quality of the * wheat opnenls to buyers nil over tho y; nt Ht. Louis the cosh demand lm I, with prices %01a up. At Kansas millers nought the offerings at 4c ndvanco, paying 7lVb1f72Vic for No. 2 hard." Minneapolis millers were In the Kansas City market, picking up the offerings in cotnMtttipa with millers there. At Minns npolls, No. 1 northern brought THc over July, the highest premiums of tho year. Chisago yesterday were ■The seaboard sold 126,090 bushels, most !y durum wheat for early fall, late sum mer and early summer shipment to fhr Mediterranean ports. The trade In thb wheat there waa opened up lost year, and hns been very satisfactory. "The flour output at Minneapolis last week decreased 18,zM barrels," say* The Northwestern Minor's report. "This was to nil tho mills shutting down July 4. i of flour ran below the output. De clining wheat Homed to inako most buy- *•>* nml,. (11 h|<«• h• I limn i-M-r to (Hintpun By Prlrate Leased Wire. Chicago, July 11—Whe steady to shade higher on t. llsh cables and together With a generally bullish sentiment had a stimulating ef fort on all cereola. Tha wheat market has again ruled higher. There has been a great deal "f evening up t«*day, the northwest covering a big lot of short wheAt here, and some of the large local traders who had covered short wheat north west were putting It on snlo around 79 here. Acceptances were light on re duced bids or l-4c below yesterday's bftfllH. New York reported foreigners buying wheat there. Tho reaction ex perienced yesterday and today was only natural and to be expected. There la nothing In the situation to warrant higher prices. Rains In Nebraska and scattered pre cipitation elsewhere In the corn belt, with a litlo cooler weather nnd more shower* and thunderstorms for the big central valley* tomorrow* made a weak feeling In corn. Several large local speculators wore selling, while a few northwestern short* were covering. .Market not n very largo one. fash demand poor, on any further net buck advise purchase*. CHICAGO GRAIN MARKET. Open. WHEAT— Jaly. th.pt. High. Low. CIosi CORN- B i i July. ... 3841 BopL .. Dee.. .. LARD— k i 8* B2H BOH *8H. ■-••V 36H m 60V* by . wT tha .. With a little flrmneM shown neat, freo buying might bo started." "We have hod our break In wheat," say* prominent trader. "The mnrkot 1* over- la and will ndvanco Mill further now that tho turn hns come. Corn Is n weath er mnrket: every man can do bin own goaaalng. Those who are buying oatn, hove their reasons." New York when- "Europe I* In the mnr •*t for durum, soft winter, linrd winter, Manitoba and snmo Duluth. There have been number quantities of each worked ln*t few days. Exporters say msm want* to find out tils quality of our wheat, nnd If •atlcfactory expect* a largo huRlnnts will be done. Don’t know bow much." ! iuiii iriiii Jan 14.92V* 1S.<>9 I'OHK- July. . 9.06 9.10 9.02H 9.02V4 9 Rent. . 9.20 &.p> «• il>', u.u'* u.20 Oct. .. 9.22V4 9.27Vi 9.17V* 9.17V^ 9.22V4 8IDK8- July. . 9.674 9.674 9.59 0.55 9.674 Kept. . li 55 9.674 9.45 9.474 9 65 •t .. 9.25 9.274 9.174 9M 9.39 CASH WIIKAT- No. 2 red 7WO**: So. 3 do 774ft79; No. 2 hard winter 774ft7!i; Na 8 do 7..4ft774; No. 1 northern spring 804ft834; No. 2 do M 61*14; No. 3 do 7tf4'u7S4. CHICAGO CAR LOT8. Today. Tomorrow. LIVERPOOL GRAIN MARKET. Wheat opened H higher; 1:39 p. m changed to V* higher: rinsed V* high" Corn opened *■ higher; 1:30 p. in , *j higher; closed H higher. PRIMARY MOVEMENT. The following flgu ent of whent Wheot-lle Hnts hushela last year: 1 BM00 bushels, against 276, year. Corn—Receipts today against 376,00') bushels OuO bushels, year. himh''lM Inst again N0RTHWE8T CAR8ra norfhweat yearf 41st «at Minneapolis Duluth Chicago CENTRAL BANKS TRUST CORPORATION, CAPITAL $500,000.00 If you contemplate opening a new account, or changing your praamt hanking arrangement, and with to connect youraelf with a strong, consara- ativa bank, fully equipped to xerva you aa your bii.ln... J iatiflas, wa | Inrite you to call and talk the mattar orar with ui. Am O. Candler, Pro.idanL W. H. Patt.r.on, Vls.-Praald.nt, A, P. Col.., Ca.hlar, John 8. Owen., Vloa.Pra.ld.nt, Wm. O. Ow.no, Aeat. ATLANTA NATIONAL BANK ATLANTA, GA. C. E. CURRIER, Pra.ld.nt, A. E. THORNTON, Vlca-Prealdant H. T. INMAN, VIoa-PrMld.nt, QBO. R. DONOVAN, Ci.hlar. JAMES S. FLOYD, Aao't Ci.hlar. Capital $500,000.#® Surplus and Undivided Profits $500,000.0# We Solicit Your Patronage. THOS, J. PEEFLS8. Cashlsr. JAB. O. LKKTI7H. Ass t Cashle Hew Orient COTTOnYg^I^, ^RO^IsfeNS.HTO^KS^BONDS, few Y»rk Cotton iMekinge. New Orient Cotton ftttngt. MIHBIHS: Bo. 2 Wall St., EffortJlojldlag, Atlanta, Ca. CkUago Board of Trail. Chicago Slack Ctchange. Bew Yo.k Ctiite luhnga. 9. C 07HJMM. Manager. Standard rhom MADD0X-RUCKER BANKING CO. CAPITAL $200,000.00 SURPLUS AND PROFITS .... $500,000.00 ACCOUNT* INVITCO Wo invite accounts of Individuals, corporations, hanks nnd bankers nnd offer tho best terms consistent with conservative banking. In our Savings Department w® allow Interest at the Rate of 3 1-2 par cent. Compounded Semi-Annually.