Below is the OCR text representation for this newspapers page.

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.