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THE ATLANTA GEORGIAN.
JOSEPH B. LIVELY I THE GEORGIAN’S RECORD OF MARKETS AND FINANCE
ognlted authority In bis specialty.
CABLES WERE FIRM
WEATHER IN EA8TEBN BELT
STILL UNFAVORABLE
Hew York Did Not Respond to
Bullish Influence at
Opening.
An effort to advance prices of cot'
ton futures In New York was made
this morning on persistent claims of
damage to the crop from the Carollnas
and Georgia. The leading bull is pre
dieting a'movement for cotton In the
,,near future, and, as he Is sending out
bullish literature as to the crop and
scarcity and high price for labor, one
would think he was working for much
higher prices.
Liverpool was strong this morning,
more especially for options, showing at
the close an advance of 6 to 7 points.
Spot 2 points higher at 6.12; sales,
1,000 bales.
The advance In Liverpool of 7 Eng-
llsh points, equal to 14 American
points, did not get a full response In
New York, where prices opened un
changed to 3 points higher. This would
Indicate that the bulls unloaded part
of their holdings, thus checking nny
advance that should have shown In the
early trading as a result of Liverpool's
atrength. _
A private wire eays: “A broker here
(New York) Is offering large blocks of
October, which Is thought to be for
Price.”
The Interior movement, according to
Secretary Hester, shows receipts at the
old towns of 3,<38 bales, against 33,377
last year; shlpmtnts, 13,370 bales,
against 31,803 last year; stocks, 147,-
174. against 111,531 last year.
Total receipts at to towns, 14/31,
against 50,532 last year; shipments,
12,554. against 50,023 last year; stocks,
116.535, against 177,034 last year.
In sight for the week. New York
Cotton Exchange figures, 61,1(8,
agslnat 106,431 last' year; for seaaon,
10,733,615, against 18,033,675 last year.
SPOT COTTON MARKET.
NEWS AND GOSSIP
Of the Fleecy Staple.
NITIAL PRICES
cted; niarkft waver*; lit
Liverpool cSibl _
mlvnnrt-.H. our* will decline. \\'e litre do
fnltb In preteut prices. *
Stop orders retched by buying efforts.
the decline,
<Tifirfntre wire**: •'Plant mnuil. but y, .-n
nd benltbv; too much rain on sandy lauds;
ed land* fine; rery little grass; think pros
ects very promising."
Private Wire to Gthert A Clay.
»w York. July IS.-UrerpooI at 13:10 p.
m. wan $04 points higher, which Is about as
expected.
Continued reports of too much rain In
the Atbutlrs ami central Texas are cant
ing the local shorts to cover and go long.
New York—guiet ana steady, j
New Orleans—Steady, lie.
l.!rerpoo)-»teady,llld.
Augusts—8teody, llttc.
St. fjoulo-Bteady, lie.
tUvsuuah—Steady, lO^c.
LIVERPOOL COTTON MARKET.
Liverpool, July 13. 12:15 p. m.—Cotton,
•pot quiet, with prices steady: middling
uplands 6.12; sftles 6,000; American 4.300;
speculation and export 1JG0O. Receipts
aone.
Futures opened steady.
Opening Previous
lunge. Close, clone.
6.88 5.82
..6.91 6.94 6.79
..6.75-5.74 6.77 5.70-5.71
...I.IB 5.72 M6
J.6M.65 6.68 6.61
•*» if 1.8
6.68 - 5.61
6.664.70 5.63
6.68 6.714.73 6.644.66
July
July-August.. .
Aug. Sept. .. .
Uept.-Oet. . .
Ocf.-Snr.. .. .
Nor.-Dee.. • •
Dec.-Jan.. , .
Jsn.-Feb.. . ..
Fab. March.. ..
Usrch April. . .
Closed steady.
...6.66
TODAY’S PORT RECEIPT8<
The following toblo shows receipts nt tbe
New Orleans
Galveston
Middle
Savannah
‘■harfeston
Wilmington ..........
Norfolk
Baltimore
New York
Boston
Philadelphia
Brunswick ...........
I’enwicola
Port Townsend
Newport Newt
Total"
Price Is bulling the, market.
Mitchell bid 10.50 for 5,000 December.
able to pay the average wage of IJ per
day; that. In his oidnlon, “ire are face
to race with a new epoch so far as the
value of cotton Is concerned. Throughout
a large portion of the belt the crop, as a
result of excessive rains. Is in a condi
tion from which It can only bo rescued by
on extraordinary amount of labor In Its
cultivation. I am more convinced than
ever of extraordinary developments In the
cotton market shortly."
New Orleans. July 16.—The market lm<
proving slightly on some abort cover]ug.
The continued rains are creating a little
Today's map Is fairly wet. Imt tho rain
fall In the Atlantic* Is very light, and al
most entirely confined to the const. In
Texas also the moisture Is comparatively
light, while the central belt has received
the moat precipitation.
Private Wire to Ware A Lclnnd.
New York, July If.—Cotton opened steady
and about *ji expected on Liverpool cn
Mitchell a heavy buyer of October and
market, and we can see nothing special
In the situation causing the advance, un
less It be a short Interest, which seems
to be larger than for some weeks past. He-
Understand Mlss-tllles Is .to be out at
noon with bullish report. Looks as though
some of the buying was for that rea
son.
The fh/trket Is rallying on strong buying
hr Mitchell, WUsou snd New Orleans.
There seems to l»e nothing for salt, and
looks ns though this wave of buying may
carry the market higher.
Lesset^GoMmnn Weekly Crop Report:
"Bt. Louis, Mo.. July 13.—Hlnce our ad
vices of the 4th In regard to the condition
of the growing crop In southeast Missouri,
Arkansan and the northern portion of In*
dlaa Territory, we can only add that the
outlook continues satisfactory. The plant Is
• good shape, and with the exception of
few complaints about too much rain In
me scattered sections, wo see nothing to
wJset a good average condition. Wo arc.
of course, now approaching the critical
stage, but with existing conditions, tho
plant la In shape to overcome considerable
of the trying weather we must expect dur
ing July and August."
Lfverpool cables: "Market steady at tho
advance."
New Orleans, July 13.—The weather map
Is not unfavorable. Considerable rain Is
scattered over the cotton belt, but the
eastern sections get little of It.
Liverpool Mbits ore fairly favorable. Po
ire* were due 304 up on Now Orleans.
..nd 405 up on New York. Spot salsa of
6,000 bales Indicate on Increased demand.
RANGE OF NEW YORK STOCK MARKJE
PRESSURE WAS RENEWED
AT THE OPENING
Opening Weakness Was Contin
ued During Most of the
First Hour.
Bjr Prlr.le Lund Wlr*.
New York. July II.—For the (lr»t
two lioun of today*, session the mar.
ket movement was extremely confused,
The extreme weakness which appeared
at Interval, yesterday was not shown
again. On the other hand, such tend
ency as there was toward improvement
wu very alight. While tt was evident
that liquidation In some volume was
atlll In progress, this was offset liy
the covering purchases of the trading
element, who were disposed to renson
that after four days of continuous de
cline the market was entitled to at
least lome Improvement. These two
conflicting Influences made themselves
felt with the advantage first on one
side and then on the other. Prices
went lower at the opening, and many
stocks fell below yesterday's tlnals. At
midday tho changes In the day were
practically nothing, except In some
specialties. Outside news, what little
there was of It, played, of course, no
qart.
Pressure was renewed on the stock
market at the opening thl* morning,
and the Initial price, showed declines
pnerally ranging from 1-8 to 1-3.
leading, which sold with the 2 per
cent .dividend off, gained 1-8, but the
>rtce almost Immediately went off,
eavlng It 1-4 under yeeterday'a close,
Union Pacific dow^i 1-4, Southern lost
another 1-4. Pennsylvania deqltned
1-3, St. Paul 5-8, Southern Pacific 1-4,
and Erie 1-4.
In the Industrial list Anaconda open
ed down one point, while Amalgamated
lost 1-4. The market was fairly active
and after the opening trading prices
continued weak.
The weakness that was shown In the
msrket at the opening and In the early
trading continued to Influence the mar
ket during the greater part of the first
hour; price, declining from 1 to 3
points In nearly all the nctlve Issues,
with American Locomotive under the
greatest pressure.
Governments unchanged; other bonds
steady. ■ •
LONDON 8TOCK MARKET.
INTERIOR MOVEMENT.
L. J. ANDER80N A CO’8.
DAILY COTTON LETTER.
New York. Jal^M.—The weather reports
from the t>elt today contained rather too
many romplslnt* from the Atlantic elites
for the comfort of the lirare, hence short
eoTCrint seemed to be more In favor than
for soma time past. Alto there was some
rood buying hy professionals who argue
that the market I. now due com. rise on
ilamsge report, and other cstw**, after m
continued ■ decline.
cn. „
end very
. at aatsr.
While trading today tee. bean
8 ntet. both th. future and .pot market.
■v. ahown a steady tone with a tendency
to advance. For the time being the arutl-
STOCK-
Anseonds
Ati-lil.on .. .
do. preferred.. ..
Canadian Pacific..
Chicago, Mil., and St P...
Erie h ...
do, preferred
Illinois Central
da, preferred
New York Central. .... .
Pennsylvania '.
heading
Southern Pacific
Union Perlite
United States Steel, pref’d..
OBterne..t«..a....a,a.«..*•••ea»a»a
Mild Ht. l**Ul.
Amalgamated
Atlantic Const Uni
American Sugar Refining.,
Aim ft Hu 111
American Lncm&otlv* v
<l" |»n*fVrrvil
American .Smelling Refining
•I" i.rffirictl
Atchison
do preferred
Atncrlfiin Cotton Oil...
Hnltlraoro and Ohio.........
Itn»okl)u Rapid Iran-dt...,
( iiiimllMii I’m Ido
Chicago and Northwestern
Chesapeake nml Ohio
Colorado Find and Iron..,,,....,
Central Leather.
—do preferred
Chicago and (.rent Western
Chicago, Milwaukee
Delaware and Hudson
Distiller's tferuritJes
Brie
do preferred
General Klee trio
Illinois Central
American Ice Hccuritleg
Louisville and Nashville
Mexican Central
Missouri l'nrlflr..,*,
New York. Ontario and Western *....,
National Lead.....
Northern Pacific.
Now York Central
Norfolk and Western......
Pennsylvania
People's (la*...
I’l't—*ed Steel Crtl*..,.,
do. preferred.
Pacific Mall
Hooding ••#...
Republic Steel...
Itock Island
da preferred..........*..................
United State* Rubber..*.
do. preferred...
Southern Porlflc...
" them T **
la pn _
HMMhMBald
Tenner*.-#- Coal nnd Iron.
Texas and rnclflo
1,'nlon I’nrifle
'.’lilted States Steel
do. preferred
Virginia.Carolina Chemical
do. preferred.,.,,
Western Union.
Wabash
do. preferred............
Wisconsin Central * ........
do. preferred.....
Total sale* of stock* today. 603,300 share*.
RANGE OF THE COTTON MARKET
AT NEW YORK.
Th. following la run rang, la cotton
future. In Now York today:
Open. Utah. Low. Sal. Clow.'
.... .16:4 10.;, 10.3 10.23 10.3 3
All*. .M.SS 10.36 1031 lO.St 10.3 34
Sept .14.41 10.41 to XI 1440 14»-44
(lot. .10.45 10.47 10.40 1443 10.41-44 J0.4!
)«.' '.1443 1453 10.45 1449 13.4*6
. an. .10.61 10.69 10.43 10.65 jo.64 &
MciV. .'ib.'«i ioM itin io.'is im
Clf.ed atendy.
July Tri- IM-l'Ot kk 1ar Eg*
Ang. .1473 10.78 1438 10.68 1481 148743
oJf-:aat m m m
i»«: !io.# 1444 io.ii ib!ii ttl
73.4345 10.44-41
'.iii.U ib'.ii 145* 7430 k655? IOM-6
loawl he rely eteady.
WARE AND LELAND'8
DAILY COTTON LETTER.
Mv*rpa*l alao appear* to view the eltna
tlon ae mildly Imlllah and very promptly
reaponria to a lead of that aatare from this
0IBERT A CLAY’S DAILY
„ COTTON LETTER
New Orleans, July IS.—Opening
Oricea In Liverpool ware about aa ex-
3-cted, but later Improved consider*!)'
ly on th. fair that the continued heavy
falne throughout tha cotton bait would
(»u«e aome damage, option* finally
d'ulng 8 to 7 point* higher. Spot
•ale. aggregated 8,000 bale* at an ad
vance of 2 point*. The local market
»»* exceedingly quiet, but ateady, the
'racing being nlmoet entirely confined
to the scalping element. Short* evinc
'd Kime uneaslneaa owing to the ru-
for that XIIss Ollea would publlah a
v ' r >’ bulllah report, and their buying
ceu.ed an Improvement which wa*
more or leva maintained through-
cut the day. Reports were likewise
circulated to the effect that bolt weev
il* were doing considerable damage In
■out hern Texas, but both from eye
wltneaaea recently returned and alao
•rum private and reliable source* of In
formation In Ten*, than reports wore
J*llttled and set aside as unimportant.
The weather still remains unsettled
*nh rains fairly general, but aa a rule
pijht in charactgr, and for tha moat
veaterday'a precipitation* occur
red In the Mleslealppl valley, both Tex*
** *nd the Atlantic state* experiene-
m« but lltla moisture and that of th*
“V'r occurring along the coast.
..''heat ruled quite firm early on
■trength In Liverpool and ruat talk,
“dt later turned easy and decline of
"J * cent on denials of black ruat
*«d report* of liberal acceptance*,
■round 71c for September, constder-
*Dle profit taking was Indulged in by
those 'who sold early. This checked
decline and caused a fractional reac
tion from tha low figures. The under
tone at the cloae, however, was quite
heavy. The optimistic outlook through
out the northwest, coupled with the
enormous run of new wheat, cauaea
us to feel sales should be made on all
rallies.
,Corn opened a shade easier on par
tial ralna In the corn belt, but Imme
diately turned firm on liberal buying
by commission house*. Tha advanca,
however, was short In duration, market
turning easy In sympathy with wheat
and selling by a prominent operator.
The close was heavy at near the low
level of the day. Sentiment I. growing
quite bulll.h and would not be «ur-
prised to aee a very material advanca
from tho present level.
Oats were lower In sympathy with
wheat and corn. Local traders ware
the beat seller*.
Unfavorable report* regarding crop
are quite numeroua. Receipt* are mod
erate with an enormous shortage In
hay crop, coupled with the decrease In
oats crop as compared with last year,
will In our opinion result In much high-
er nrtce* lsttr on.
Provlalon ,11st haa averaged . mu*
lower and haa been dull. There was
a raid on September pork early by
K t traders and a little aellln.r on atop-
11 orders by commission firms, but
th* pork markat ralliad. Covering by
a short in July pork put that month to
til W), but there waa little bualnea*.
Some selling of riba by a local packer
nnd little aupport from packing sources.
—Finley, Barrell * Co.
TREND IN COTTON
UP ON WALL STREET
New York, July )3.-Tbe New Y'ork Son
aaya; "The later trend of price, wa* up-
w«rd on \V*I1 *tre*t buying. The ewlnr
w»s downward at find. iu*lnlv haraaa* I
would deem of local long liquidation. Be-
stdea Llvarpoot gave the hulls the cold
■boulder. Texas E*d beneficial rain*, some
favorable crop *dvlcea were received from
Texas and Louisiana, aa well aa other
K ris of the lielt, and finally- there wn*
s (...rd-ti'iit (Inline** of tha speculation.
The outside public trill have non* of It.
Neverfhcle.*, some of th# local operators
arc becoming bullish on account of the
gra**y condlflona rsportad exit of tho Ml*
.l.slpid river, particularly In Georgia nnd
the Carotin**, report* of to* much rain In
ceatral and northern Ten*, a ateady Euro
pean demand for th* actual cotton at th.
south and local covering. Bf.ld.s, tbu
abort Interest la said to be enormous, aud
•here la a fear that ahould th* crop now*
liecoroo worap, Ultre might Im a bear slam-
pede. To bo auro. aometblng of thla kind
haa boon feared for a euuple of month*
past, and nothing of the, aort haa occur,
rod, Imt that la not saying that It may
not occur. In any care, the brer _*l(lo la
touched nowadara more, gingerly t
rentlv. deaplte fho perelalent vopoi._
the leading tmll contlnne. to unload on
haw convSa to tho Imlll.b faith In fact,
on* Wall atreet Ann which haa lor- —
boarlab waa the leading buyer lalu
afternoon."—Olbert A Lfiay.
New Orleana, July lA-Tk# Tlmaa-Domo.
erat: 'Through peralitent egoft. new crop
tonga hava aucceeded In eowlng tha averaga
bear Into alienee. Ceuaequenfly. It la now
comparatively an reay matter for the pro.
fraoional to booat tbe fall month* at hla
a n ripen**. Thls .nort of thing, I* .not
lly beneficial to th* talent, for talk alone
will never make nor war a nmrket long.
However, there la Juat anough troth In
the exceaatve molatnre atory lirultad about
to atay th* vole* of the *tieculatlre aoller,
and the alwencr of a doelfu# ou good crop
report*, at least, promise* aome obit of •
natural Improvement once new crop long,
ere In position to prove np »ure enough crop
damages Meanwhile, eridour* shewing the
July corner • fiaahln the pen *PPe* r * to
Im aecomulatlng. Three la* dral ef talk
to th* effect that tender cotton la beaded
thU way, ami In thla coanectloo Now
By Private loaned Wire. «
New Orleans, Lit, 'July 73.—Cntton
was steady today nnd price* made a
Blight ndvnnco on more general trading
than for n long time past. Now York
seemed determined for higher prices
nnd tho local crowd waa willing, but
tha lack of good outside bualneaa stood
In the way of broad fluctuation*. Liv
erpool waa more encouraging than
otherwise, and the only thing In the
way of the bulla waa tho absence of
enough business to make a good trad
ing market. On the opening the mar
ket woo steady at on advance of one
point. Ring trader* showed a disposi
tion to go long. Heavy offerings from
j or 2 point* nround the ring, however,
held price* down. After the opening
th* forecast predicting more rain In tho
Atlantic* stimulated buying and the
market advanced a few point*. Scalp
er* did not atay with tho market long,
but* were satisfied with the amolleat
Pr Tho weather map could not be called
unfavorable, a* while considerable rein
wmm ahown over thn cotton rtflon, lit-
tie of It fell In «he Eastern district*,
where complaint* nre loudest oi too
much rain. Private report* were atlll
unfavorable and told of foul crop*.
Their glat wa* that with good condi
tions from now on tha Atlantic* could
hardly hope to make aa much cotton ha
last yenr. South Texas sant In soip*
rather alarming boll weevil talk, but
with rain* at tM* time of tha year, thla
la to be expected. Texas la learning to
Tft!** the weevil and cotton together,
and thl# fact I* being Ken'ranF recog
nized. which Explain* why the trad#
now refuses to go Into hyeterlcs when-
ever the weevil la mentioned. How
much cotton I* coming here from New
York Is at present the puzzle that th*
talent Is trying to aolva.
GIBERT & CLAY
'* t ALABAMA ST.
STOCK*. hONOJ.
COTTON. GRAIN.
cor r ee. movisions
ATLANTA. OA»
K
'«rt Stock EiehangolN.— Orleon. <>" on 'uVefpro/co'U'o^T.or'dltion
4 I ..(In riOi.2, Vn orlren. sock r.zrbanae.■(.”
W, R, FAGAN, Manacor.
gg Exchange New Orman* 8r«k
!offee Exchange (New Orleans Bosrd of Tra i
I’rlrate "'trra to s'.l Exchange*.
Local anti Lena Distance Telephone 5298.
_ ahlpuata
fleece, the growing belief that the deal to
destined to do nolhlag atarillUf. la an
other week, the Inside story will commence
to come ent. la the Interim, sralpree will
prubaldy try for a amall atake on the Ion*
aide on the promlae of New York hnllo to
push a allzht advantage that ts now their'',
though with the spot market stagnant and
easy, and a rent!mental Influence, aome
caution kIkiuM mark sorb opermtlona."-
Ware A Uland.
COTTON SEED OIL MARKET.
.tew Trek. Jaly"7«- r Three wa. a very
fight trade In the eariy session In cotton
and nil. Imt while bids were a little Mnv.
re. asking. Price rented, ahoat the Mm*
aa oa Wsdaeaday. The trade,la still more
or lea* at sea oa th* aitMtloa, ami the
market la brine Influenced to a roaalderable
eateat by sprcabrifvr rondltton*. fmrai
bulla supported prtee* aid In view of. the
light stocks nnd fear of manipulation, there
was very little dfapoattloo to sell short
There ts alao a fairly good cdaanmptlre
dromnL. and.oome little ImaloeM U re-
iH>ri»<l from day to iWy for export. Th*
market at tho elore wa* quirt, with
grtree^ unchanged to He higher.—Ware A
Opening
Range. Close.
.. ..37 Oix 37 0*1
.. .21*,*; K', |
cl strady. 1
THE LIVE STOCK MARKET.
By
rC^Sw-SkW'qi^
; left over 1.447; bulk I47M4B: eatf.
art for tomorrow. 14,000; light 38-481
STOCKS REVIEWED
BY NEW YORK SUN
Now York. July 18.—Tha Now York 'Hun
•ny»: - 4 *A continuous decline In jrrlrra of
securities, limkcn only by a rally In the
111*! hiiir li'.iir .'f I.unImi’R**, im'i iiiiI III the
stock markef, and oarrfcil prices rsry near
ly again to th* low point on tbe prrnrnt
morement toached ten days ago. Th<>
ntitlro market was governed by n general
downward tendency, and the trBdlng wos
destitute of nny fen turn •]
pressure to Bell stocks. Th! .
evsr, was not *x*rt*d In toy scimhii..u ii
way, «nd the market *raa at no time 4c
ni.TslI***d, while the final roily tnwanl the
close of basInMB exhibited. In the view of
% observers, tbo exlstene# of a moro
a oversold condition of th* market,
•nd unqaeftlonahly attested to the fact that
• hy large or suddenly enforced buying of
storka would bring about a sharp riso In
quoted values.* Ilousee representing the
western epcftilntlve element took n very
protulnunt nart In yesterdsy's selling, ns
they bnvo done throughout the week, and
tin- HMfiiiiniitlMn whs that nil HiIh yv.in in
tho nature of operations for the decline.
Rut It would bo Idlo to deny that thcro
w#ni. and has been recently, much genuine
liquidation by pools and other carriers nt
stocks on margin who have found during
the last mouth Hint tho speculative current
was running against them too atrong for
them to combat'*
THE METAL MARKET.
By Private Leaned Wire.
New York, July IJ—Tin up Ur.
Hopper dull and nominally unchanged.
PRIMARY MOVEMENT,
movement of wlieat and rant:
Wheel—Receipts today, *78,000 hnahela,
sgnlnet Gns.nn) hiiaebls last year; shipments
t<«t(i> 214.000 tuisbels, agalust 200,000 bu.b
CM-BraMs tudsy 408,000 liushalA
agalast 4-:/>n bushels last yaar; ahlnments
tislay 492,000 bushels, agalast 088,000 bushels
last year.
also charter, for 24000 hushala of whei
amall lots that paid better than IV. and
180,000 oata at IV lo Boffalo.
July dellverlrs yesierdav wore 44000
btl.bela of whsef, 45,000 of eoro. 34000 of
nato, 260 tiercel of lard sod KO.lOO P"unda
of abort rib*. Wella (lellvered 600.000
mS*(
ibato
aui;
NEW YORK COFFEE MARKET.
• Following Ugiven the opening and Hosing
quotations of fho New \ork coffee market
Opening. Closing.
X4M 6.65-6 60
6.65-6.70 C006.70
. ....L75-6.60 «.TO4.7i
.... 87M.W
6.85485 6.144.M
6.90-7.00 6.90A*
6.154.30 6.164.26
. .. ..6.204.55 6.s>4 35
6.354J0 6.3S4.»8
6.804.40 6.80435
6.4545) 6.40445
6.55 6.4S4J0
Jsnuery.ee.»»•» •<
Fetwuary
March •
SR-'v;
iX::::
August.
Meutembcr.ee • ••
October.. *•••••
November.... ...
December.... ....
icd steady.
SOUTHERN EXCHANGE
Oldest Established Office South.
COITON—STOCK—BONDS Bflill
Oround Floor Oould BuUdlng. Dally
market letter and market manual
mailed on application.
THE DRY GOOD8 MARKET.
goods dli-
y Private I-re red 9'lrr.
Sew York. Jaly 12.-Tb» dry i
trk'trwas ttlaaM ;r.lerrljy by ,
Iraysva ,.i„.rn(lt,ir for,roriy fall .b llrrey *a
atatil. c'trooa tad for .prlng del very la,
wash good..' drsea good* .ad men s wear. |
There I. Iltlle .croninlatloe of any quality I
of gooda la the market.
L. J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, GRAIN
Correspondur* Capital $250,000
RCrCRCNCC. THE NEAL BANK
PHONC MIT. PBOOCNTfAL BLOG
cottonTg^i^, Provision's,Stocks^bonds,
He, 2 Well St., Pettn BalWee, Alleett, C».
Murfust
trw YertCelto• Uthteae. CMMI ^
- - “ -*—Chi(tf9 Stotk fidaip.
Htw jerk Cotltt Isthtaf t.
Ht* Orlteet Cotiet hch$egt.
Litrrcoti Ctttte usemJtef.
rtluli Wirtt tt Htw York, Htw Orlteot. Chitogt.
f til fboot I HI
Sliidird Photo 284
"J
NOTES ON GRjVIN
I Pointers on Provisions.
NEWS FROM RUSSIA
Prlvata Wire to flllrert A Clay.
Chicago. July li.—t'ablea atrong op wheat. I
NortUwc.t ('(•iidlfbm. roatluu* wry favor-
able. There la aothlag bulll.h to iht crop
rondtthma or aippty ami Vltaagwd. Tho crop
outlook In corn and oata la ((cut. iw.i iinhio ‘
to develop great atren«th. tr reallaod. they
II add much sentimental
la la
lurracnt price* without aay favorable eon-
dltlun. Pannera ar* holding and will hold
thalr old com until new crop la more or
lea. aaaured. Th* pretest price of ■
make* It worth 70c to feed. W* bet
Hreitemlrer corn might sell eaally at
with prospect pt very Itttl* deeltne.
no would buy oata breaua* crop la |i
Our crop exirert wire* from OrtonJM
Minn : "rtaln (hla morning and hot today,
but wksat la filling good. Can at* ao dam-
#*» from hot wsether."
Iteeonl Herald; "Ample and convincing
proof that tho winter wheat crop I* a
large one la tarnished by tip quality alone, 1 '
M|(l a prominent man. ‘ ~ mgM^aamguw
--. Vault where he had nei-
irard of a crop report would at
(V#r ana or
bounce "fho crop one from •iTm'qSifr.; r pt Se
th* oampl* submitted. Thar* I* m» chor*-
of a smsll crop wher* the uualltf Is
uniformly fin*. Wheat weighing up to
- mnda par bushel was not produced •••
iWH conditions, jrhllc wrigbt* from
to 66 would b* a dlffhrant matter, i think
t same thing will hold good In th* reremP
y In oats. The sam* condlUmm that
—jo# hoary weight wheat hav* made light
weight oata. Thor ar* showing «p s« low
as Zl pounds to th* bushel anti «•» gst rc-
lelda from 36 down to 10 bushels
I’rivat* Wlr* to War* A Lclnnd.
Chicago, July 18.—Ltv*rpool responded to
our advnnco In wheat, which se*ma * •
Chicago luterOcaan: Bmithwostern farm
era do not nppeor anxious to sell their
wheat. A mesaage from Caffoyvllle, Kans.
Cash business In wheat tn Chicago Thura
day waa M.ono bushels, mostly ml*ed lota,
Including 6,000 hushala of No. 2 bard.
The seaboard said th* advance la wheat
checked export business, and sales were
only I't.OOO pOOh*!*. There were no sales
of corn and 75,ow bushels of oats,
Elevator people reported their accoptana
M
or new whi'nt nt 70d.oflfi bushels,
l«to In the day. The hasTs for "ho *j»i
chasea were the aninc as heretofore. T
buying In Nebraska was leas than 100,
000 bushels.
A few rsporta of threshing of oata were
received from UlInniN points yoaterday.
one from Kankakee aald oata were tarn
Ing out 10 bushels to ths acre and 10
at Trlroll, Ills., averaged 23 bushels to tbe
IHTI-.
Mnrfleld nnd l'oshler had black rust re
ports yestenlny at ulna**polio. Mnrfleld
reports fw* sent ton'd generally among tho
trad*. The rust appears to be tirtweer
llrowntown and Wlothfap. The Mnrfieli
bouan bought wheat fresly at Mtuneapoll
_ __, r ip MH
Grain Dealers' Aasorlatlon __
<111 Ion of corn rnngo from 91 to 115, only
. points being below 100. The latter were
In the northern section. The central and
southern sections have tho highest over-
«0t,
Duluth, Kansas c.'lty nnd Ht. Louis re*
ported good douieatlc and fair export sales
of flour.
rash wheat In ML Louis advanced Uflkr,
nd Na I red sold at 76Vi6ff7e. Kansas
Hr nilvaored Vile with Milwaukee Und
mllleni In general buying. No. 2 bard
waa 78078c, and No. 2 red TIHOTle.
Tbo advance statement of export* of pro
Islona Issued tod i> by tbe bureau oi
statistics of tbe department of commerce
nd labor shows that the total value of
rorlslomi exported, exclusive of l|v* rat
io, hogs and abeep, from the United
Htatea during June, 190*1, was 616.365,^8,
against 6l3.6M.fll4 In June, 1906, nnd for
the floral year 1**, $181,066,534 against 6153.*
Md,673 In 1906. Th* total quantity of can
ned beef exported .during Juno wos 2,*
977,978 pounds, against 8-110A53 pounds In
June last yaar, and for tbe twelve months
ending with June, 1904 was 64.178.106 pounds
■ gainst <4377,90 pound* In 1905. Tho re*
durtton In Juno figures Is apparently dun
a large degree to a reduction lo the
cement (o Japan, which made large
orta during tbe recent war.
THE 8UOAR MARKET,
ig Private I .eased Wire.
New.York, Jaly 11—I*orn| refined nnd raw
atigar market steady and unchanged. Lon-
ion beet sugar steady. July nnd August
~ iWl.
BLACK RUST TALKED IN THE
NORTHWEST
Caused Firm Opening in Wheat.
Commission Houses
Best Buyers.
By rrlrat* I-eaaeU Wire.
Chicago, July 13.—Wheat developed
haavy ton* on an e.tlmatn of 2aa
car* hate for Haturday, which drew out
larff# *41*# by local oaocam* in thn
way of putting out ahort line., aa well
aa “hadttnc" salts against tbs aatxntl
whaat. Black ruat roicrta w ere denied
and tha rsporta of largo aaLc* of llmr
by tha Oouthweat wer* alao denied,
Caah Bales, 5 load*, or 40,000 bushels
for th* day.
Whaat rloaad 5-IOS-40 Inner Corn
waa aaalar for new crop *nd nrm «n
futures; closed 1-403-Sc lower, oat*.
6*|q lower. •
Provisions steady. Pork tut, bid uti
to 1303 by the bulla In that month Th*
Hat waa Irregular.
Baaldea tha caah wh*at sale* given
abovs 13 loads corn and 120,000 »n< t
wars reported for export.
Wheat receipt*, 354,008, and corn.
408.000, compared with 608,000 and
413.000, respectively, a yaar ago.
Clearances for tha day, 2I0,(u,)
wheat, 73,000 corn, and 4,5uo ont*. f.,r
tho weak, 1,383,000 wheat and IDS.oci
corn, compared with 153,000 and 334.-
ooo, respectively, a yaar ago.
CHICAGO GRAIN MARKET.
...Open, High. 1x>w. Cteaa Ckrei
Cl E
o A«1
July 33
W.v.v Sh
FORK- .
July.... 19.00
Hept..., 17.06
Jon
LARD—
Jaly... *.».
“ppt.... Mo
cT.... 9.15
HIDK8-
uiy... 9.45
Bept.. 9.45
Oct.. ,480 RB
I’AHII WFfRAT—
t!ifl
6.16
8.45
9.40
9.17V6
if:S
14.80
9.00
6.16
8.16
1HR
11.9214
No. 2 rw| 79UV1U; No. 3 tlo 77071IH; Na
hard wlntPr 77»fiT»V*^; No. 3 hard v5n i7: N..
. nortbt*rn aprlttg No. : ilo
lie. S spring 7'/<r7L
Wheat
Uorti .,
».llH ...
lloga
CHICAGO CAR LOTS.
NORTHWEST CAR8.
Tho following figures give tbe northwest
cars today, last wecK and last year:
least Last
Today. Week. Yssr.
UW «i't 130
iMiiutb 19 hj «|1
lib ngo ITS S4 34
LIVERPOOL GRAIN MARKET.
hnngpil to
MODERN MILLER'S CROP REPORT.
M 1.*M!|N. ,f. !y i < Wlui.-r wli.-itt Imrvi-st
progressing guuerally favnn-d by w»*nth,i
»•*»11«1111 *<114 vvltli llftli- Interruption byl
nine The new rrop Im l/elng rnnrkptctl
frn-Iy, but many farmers an* ntorlng snd*
sf:ii King their < rop, refusing to aerept tho
lower prices bid them. From the fotnl win
ter and spring wheat crop of 710.000.000
bushels, Ilullrated by the government's July
- ‘ cn million, n ournlne of bush*
•an be npnrtvl fnr export after meet-
Ing home requirements for bread and se«-d
•>f nearly f.**.000.000 bushels fthe Indlrnted
inRin rcfiulrements oa the rropi. nnd
leaving for reserves 00,COO,Oft) bushels fo
rnrry Into the l-rT cron, or the *nm<*
amount that wag carried Into the too#
crop.
LOWRY NATIONAL BANK
CAPITAL, SURPLUS AND PROFITS
OVER ONE MILLION DOLLARS
Foreign Exchange, Travelers’ Checks, Brown
Brothers’ Letters of Credit available in all parts
of the world.
Frtok Hawkins, President. ^ . _ .. •
0. M. Atklason. V. V. TtmmaaC. Krwln. Asst rssbler.
Joseph A. McCord, Clildor. R. W. 22ye-o. Asst. Cashier.
Third National Bank
Capital
Surplus
$200,000.00.
$300,000.00.
Dr. A. W. Calboan.
Milton Dargan.
John W. unit
R. Y. McCord.
DJRECT0R8*
Prank Hawking.
II. M Atkinson.
Joseph A. McCord.
WM. L. PE EL. President.
BOBT. P. MADDOX. Vtee-Preo.
TIIOS. J. PEBPLB8. Csshle
JAB. O. LESTER. Ass t
MADDOX-RUCKER. BANKING CO.
CAPITAL $200,000.00
SURPLUS AND PROFITS .... $500,000.00
ACCOUNT* INVITED
Wc invite accounts of individuals, corporations, hanks
nnd bankers nnd offer the best terms consistent with
conservative bnnking.
our Having* Department wo allow Interest at the Rate of 3 1-2 per
cent. Compounded Heml-Annually.