Newspaper Page Text
•uu.
THE ATLANTA GEORGIAN.
HT.PXEHPAT.
7 1
#=
%
JOSEPH B. LIVELY
bortty In bit specialty*
COnON HIGHER
IN EARLY T
NEWS AND GOSSIP
Of tho Fleecy Staple.
Present Market Only Scalp
ing Affair Among
Professionals.
OUTSIDE HOLDING OFF
Early Advance Was Lost
After First Hour—Tone
Dull But Steady.
A* on yesterday, there «■• • brief apart
of activity around the openlnir of the mar
t.i for cotton option*. There wae alec
in mtrnnce of a point or two ahore the eloa-
"nr rtgun* of Tuesdej for the new crop
^pulln*** followed and the Improvement
,,, lost, at midday-priroi ahowlna a alight
iacllin- aa compared with the previous clote.
\>w orleana wlrea that iintlcea for about
1 <tai iialpa were circulated there thla room
llu, mid that New York bns been supply
: plant
Inn mo growluf.pl
The rcint-weewjrl
ronllna to Secretary Heater,
lewa: Receipt!, _ 3.40b—*—
tear and 2.2WI In 1904;
"calnat 37.688 laat rear
Itncba, 120,033, against 132011 aud
U04.
that moil aud W.r ‘
SPOT con ON MARKET.
Atlanta steady at lie.
Nrw York ateady at lie: aalea HI.
Aocnata atmdy at lilic.'
Savannah steady at 10%e
LIVERPOOL. COTTON MARKET.
Liverpool, July J». 12:1* p. m.-Cotton,
stmt quiet. with price* easier; middling
Splandfl 6.10; sales 7,000; American 6,100;
simulation and export fOO; receipts 9,000)
American 8.100. . _
Futures opened quiet and steady.
Opening Previous
iW ar
. .6.80-5.81 6.11 6.M
. .6.73-8.74 6.74 6.76
. .5.68 6.68 6.70
,..6.61 6.64
. . .6.62-5,03 6.6S4.64 B.£fM
.:iw- mi
a* I llle’.V."! liS
July
July-August. .
August-Sept. .
Kent.-Oct
Oct.-Nor
Nov.-Dee
Dec.-Jan
Jan.-Felt
Feb.-March. . *
Mnrch-AprII. .
Closed steady.
5.68
5.70
TODAY'S PORT RECEIPT8.
The following table shows receipts at the
K rts today, compared with the asms day
it year:
V 1906
1306
N>w Orleans
lUlreitou ... ... .....
Mobile
Knviinnnli
Charleston
Wllmlncton
Norfolk
IVnancolu
1960
101
81
9
174
1012
5274
6807
TM
28M
J
Tot.nl ... ...
3823
17833
INTERIOR MOVEMENT.
1383
1086
llAtlfttull
Aoristn •,
Maniphla ...
8t. Louis ...
Clurlniintl .,
266
214
100
328
a:
1
Totnl
898
8704
QIBERT & CLAY'8 DAILY
COTTON LETTER
New Orleans. July 18.—The foreign mar
jiet wa« exceedingly' dull today, option* on
Jw close losing 2 points from thA prerloui
•Jjt ■ level*, while spot transactions show-
JO an improvement, sales amounting to
i.Wl imlea nt 3 points lower. The clrcn*
°f n few July notice* broke that
hodthui n poiut* I w* fora tbn offering* were
•tartai. The decline also affected the
nil months, which, however, soon recover-
►i on covering by shorts and tome Ifesh
woing that set In, dua »o further reports
?* w ‘‘ t weather In the belt. Acconllug to
► me of the iiest authorities, the present
rkiudv condition of the weather With
caalnuni showers Is fn reality the most --
rorabie rlrnimstnnce that could beaet the
^»p. for the plant has now ranched tp“
Eff. or cultivation where clear, L--
assthcr would andoubtedly be detrimental
u the nappy and rapidly frnltlng stalks
considerable shedding. And,
[P«rt fr<»m the prevalence of grass In the
DM*, cemnlalnts consist chiefly of the fear
l&’wr «i*m»fe, rather than to any out-
55?* Injury dona ao.far through exceasire
the dry goods market.
•f.Prirato I.cineq Wlr*.
\ork. July 18.-—Tae dry goods mar-
was steady, with a better tone In near-
LiiI Prv hr "*wh. Cotton yarns are gen-
JJily quiet, with spinners uuwllllng to
5. ® n >’ conceaatoni. The export trade
more active.
COTTON SEED OIL MARKET.
Mh. York - J 'ily l«.-n«rinf th. flrat part
Lir.-a'Ioe. trwUni waa quint, with
EJ* -apertally In the near i»*t-
L:!,. market waa aupporieil by apee.
i »mt there wae erldenre
manlpnlatton. The blah
Cn® n < .beptemtier ever the other poet
“* *Unroted attention, aa September la
Jlj , a new rrop month. It wae re
asur?sJft
ly... __.l8ilI!. B *_*Ctoi?.
f ari,l>*f * " 1
Uote-r ' • ‘
batahrr
toml-r ‘ • **
tu *"l Heady. ‘
Prirate Wire to Wore & Inland.
New York. Jnly 18.—Liverpool fnlnret
opened ateady > poluta down. At 12:11
P. ni„ 2ti3 down; dull and Inactive. 8p<it>
3 down at 3:10. Sales, 7,000. Hue to come
263 down.
cloned on Augu.t 4 and A-Salnrday and
Monday.
Mrerpool cable aaya: "Market stead;
decline. Spinners fixing to take adran
of decline.
' Cotton opened qnlet and abont aa expect-
ad. Trade light, with loenla Inclined to aell
a little.
Weather map Indicate* too ranch rain In
the South Atlantic atate*. Look for qnlet
and ateady market today.
Schlll a Mg aeller of December; jnat of
fered 6,000 at 10.45,
Mitchell Jnat sold Wtnman 10,000 Decem
ber at 10.4*.
New tirleaua, July IS.—Jnly waa offered
down 0 point* by Beer
out a eata being-made.
July declined apparently on notice* Of not
ore, 300 bale*.
Net etock In New Orleana 33.K4. again*.
44,004. On ablpboord 18,063, agalnat 11,011
laat year. '
The weather map ehowa much rain over
the cotton belt. The eaatern belt hta heavy
rain In some section*.
The market Improved, but waa Iwrely
steady, the old crop up 1 point and new
crops down 3 and 3 points. In spite of fa
vorable cables and bad weather.
New York wlrea: "Dick Bro*. large sell
era yesterday and today."
Private Wire to albert A Clay.
New York, Jnly 18.—Norden. who bought
20.000 January yesterday, baa discovered
mistake, and lias been liquidating by w
of October and December Ibis morning.
.Mitchell a good seller of December, .ap
posed to bo for account of a —
bouse.
The Journal of Commerce aaya: "Trade
for the day In dry gooda waa ateady and
generally^Mtlafaptory. In small line*, It t|
\ty n :w
_ sy in «lry good
geiiiTiilly Mtlsfactory. In
. j n cou f rti t
tuyrrs were moving slnwit and
“*■ m
small lints, it ap<
with roosut actlv-
about
which was mag
dlrlalona whera .... ...
nounce<l. Heavy gooda ara becoming liettar
conditioned every day. advance! being
noted lu lines that have l>een_nffered at
my price hi
it of a am
followed by a better Inquiry for the heary
foods for domeatlc use, and gray g
.iroksra were more active In re>|ion>
the call from finishers for mort goods."
!w Orleana, Jnly II.—Liverpool at
.. ji. at 3 down Is In lockstep with
market, and should have no lufiueneo on
our opening,
or eonon ror aaio wan no. soon aa
npon the market. qJvrriuxd met
decline, bat later recovered, ns ah
aired there. While figures on the t
WARE A LELAND'8 DAILY
DAILY MARKET LETTER.
New Y’ork, July II.—While It was gener
ally expected n clear weather map would
follow the area of high pressure moving In
from the Mouth Atlantic rooat region, tho
morning weather map showed heavy ralna
In sections nt Ueergla and potnta east of
the river. At many places fn Usorgla be
tween 2 and 3 inches of rain felt, with
showers very general. Thla condition was
not considered favorable and shorts were
tnellned to buy lu eotton sold on the decline
yesterday. Thla Inlying led to a rally of
6 points after tho npenlng and the volume
of cotton for sale waa not a neb aa to weigh
-■ .-c-— - ■ . —,( the local
shorts cor-
I crop con
dition were hardly na bullish aa had been
expected, theta is atUI an underlying feel
ing that the coming report ou August 3
will compare rather unfavorably with the
high figures of two years ago, and for thla
renaon there Is no general disposition to
look fr ft radical change In the market, aa
the routing six or eight weeks are of conrae
the moot critical ones In the entire growing
season. A large rrop la needed for next
year, and until that Is asanred operators
will lie rather emulous abont orerleitendlng
thplr Interests on the abort aide when any
derange to the crop would bring iilmut a
aluirp adranro. It Is likely to continue a
V * dng market.
ew York, July II.—Pressure waa
put upon tl\p stock market early tbls
morning, aoon after the opening, and
he profeaaslnnal crowd off and on the
toor quickly offered down price*, many
being short at lower levels, but the ma
jority deeming a short turn probable
after the elimination of shortage by the
advance. The market declined, accord
ing to wlaeacrea, because of the dis
turbances In Russia, which weakened
foreign markets, and also because of
black rust reported, which we think
exaggerated. The money situation
continues to be put In better shape, and
patience will probably well reward the
traders who are courageous enough to
buy when the market looks weak dur
ing theae reactionary tendencies, which
should be frequent owing to the high
ly professional atate existing. The beat
Information la that this Is a period of
re-adjuatment and digestion, and when
It shall havs been accomplished there
will be a broad market at higher levels
We think the trading position In the
meantime the best, but with a prefer
ence for the long aide for turns at laaat
during the hammering by the bowri
element. Conservatism la advisable for
a time.
WARE & LILANDJN
DAILY COI
New York. July la.-Th- opening via
quiet at unchanged prices on all option* ex
cept. October. No asles were reported
on tho cell, and business continued at
practically a >1*011*1111 with the only treue
actions of cooaeqnence up to midday at
exchange of 2,K» bag* of December fol
March at 26 points. The market remain
ed nt alioiit the Initial level all the morn
Ing, and this wae considered a pretty good
showing In view of the lower cables end
Increasing receipts. Havre declined en-
other *4e, making a loss of Moot & forth*
past fear day*, and Hamburg was lie low"
when some alight gain should have be
reported on the New York cloee of T
tentay. No private cables were recelvM
from slwoed. but the Europeen trade la
erldently agalnat the market on the nenal
'nflueneo of Incresslog, r***lpts st this
"me of rear, a light demand for conaump-
on and the dcafre to trr a market on
/'
which""to bnv in itraill. There wae noth
ing In the Brasilian news, to encourage
&^b. i r ,h sioV..iJ» l g
Sffbal
SSmtl were 41.000. agalnaf 33,000. last year,
and fian Paulo receipts a. reported to the
later nblN, wirr 38,129 bags, sgalnst 34,-
M hit yeer. Ware house delTverle* at
few York yesterday were U# . f wx*.
against 11.045 last y«*r.-Ware * Lelanf
Openlnc. C’loalnx.
. .0.654.*) 0.664.40
. .0.064.70 0.004.00
..0.704.00 4,704.7*
JVIW.eee ee 4 4f < 1M
GIBERT & CLAY
' «• ALABAMA *T.
correc. provision*
MKMBEMi
ATLANTA. OA.
BtchiigsINsw Orleans * AsSr&tlos
U{ »> *nd Lons Dlatanoi Ta'lephonj R, FAGAN, Manaser.
FLOOR TRADERS
SELLING STOCKS
Caused Dccliue'and Unensi
at the First
Horn'.
Hess
LONDON AGAIN SELLER
Credited With Selling 20,000
Shares on Balance Help
ed Force Reaction.
By Privat* Leased Wire,
New York, July It.—Heaviness In
foreign markets, due mainly to the
unsettlement of Russian affair*, was
the principal factor In our stock ex
change dealings today. Tbo refusal of
th esar, aa outlined In the morning
dispatches, to accept a policy of com
promjse which would conciliate the
powerful elements, of opposition tq. th*
present government waa regarded aa
very serious on all the European
bourse*. Russian bonds broke very
sharply, and In th* uncertain state of
London's flnancts thla was enough to
cause a decline In all othar depart
ment*. American stocks were <Jonn
leas than the average, but th* alight
looses reported over the cable Influ
enced more than anything 'else the
opening here. Prices starting lower,-
fall off In all a point or thereabouts
for the active lnuea, and then ceased
to tflove at all. Stocks seemed to be
offered freely enough when bid for, but
were not forthcoming In any quantity
on the decline. After the flrat hour
trading waa extremely dijtl.
The slock market opened under some
pressure, which resulted In declines nver-
aging from HtHlc throughout virtually the
whole Hat. Trading at th* outset was rath
er active In the more prominent railroad
ninl Industrial shares. After the opening
trading, the market became duller and
wna still heary.
The movement during the flrat hour waa
disappointing to those who turned to thu
bull eld* yeeterdny. The room started In
■ailing slocks at the opening, nnfl de
clines that resulted cauecd an uui-aslueaa In
mauy quarters and luduced moderate
quldatlon of speculative account. London
sold 30,000. shores on balsaco, and helped
force a reaction.
Uorernmenta unchanged
other bonde quiet and steady.
LONDON STOCK MARKET.
BTOCK-
Anaeonda
:cblaon ,’, .,
lie., kill, and 8t. Paul....
ie
do. preferred
Illinois Central.. . „
Louisville nnd Nashville 1
Nrw York Central I
i'euneylvanla I
Ibintherii'PnciflcV. V
!nlmi I'arifie
Culled Hta tea Steel. . .
do. tiref
ATLANTA MARKETS.
FRUIT8 AND PRODUCE.
Officially corrected by Atlanta Emit anf
Ltui*» 60 to 76c.
^wstermsionsT tTlMHuT $55.00 psr 100; de.
irollers 15 to m/e. Ur* ducks, Pekin 30
to 3m: pnddl* B to 27V.
" reseed bena, tier lb., 12c to tic.
„nT.rrS.feL«to 22WI cook-
'"flo^-'^w^i 0 .Mi I. Mb. rack. 13
!B G s T «N-. ,ri 2 ,h .,^*{V^ N "
Toniatoea. per crate. |l to |I.H.
Corn, new. 10 lo 121V per dosen.
Okra, tier crate, 31 to 31.60.
old Irish potatoes, per huehel, tl.O.
Old eweel |«tatoe*. per hoabel. It to |L:
ew -aweet potatoes 31.60 boahel. . _
Cherries, 24-qnart crate. 31.60 to IL7i
CantalonMS, per crate, 31 to |L60.
g laekberna* fn tm UHc nnaft. .
ewherrie* W to Wee quart.
FLOUR, GRAIN, PROVI8ION8.
- 6T,OUR.—Poatele Elegant
Efro nt ,fSKrfJi
patent $6.^to 86.W.
’S-Wolee whtii W «c: .hole,
white, B#cj choke mixed, 42c; Texas mat
Hhorta white, 11.40: mcllum. 3«.36; brows,
•■,30; pore bran, mixed ora a, 11.15.
: gKSffiT : ^ , *7alt»'2y
a b. Atlanta, and
subject to Immediate acceptance.
GR0CERIE8,
SUGAR.-*tender# gransUted 3e. Now
ork Kefined to 4Vfe; plantsjloss 4H to
c. Market etroager.
lOFKEE.—lloeated Artrackle'e 116.60;
k.^n bag. nr^barreto, I2\c; green 13 to
3tICE*ivaron na 4K to 71V, according te
*?Sk^®c7TUfS!f. dairy, HIV:
twlas 14c; brick. Me. Market etrong.
PROVInloNH.—supreme, hems 16c. Dor*
ham* 16Kc. California turn* 104V; Bed CrnH
pFiFtifir sy
8 * ow
8T0CK8 AND BOND8.
Bid.
IMS.
aZiti#:::::::::::
Ais.
Iscon Cs ( WI0....
jitUnta/'
' B. of Georala flrat lacom*..
o. erromt Income
do. third Income
Anguate *an-i" 'Maranna h
i o„
U C. aa-i A. 1st.
RANGE OF NEW YORK STOCK MARKET
AinnL'iiumtttl CftqkT..
Atlsntlc ('oant I;!n*.........
Amfrirti# Sugar Ucflnlttf
Auaromln
AdhtIcid Loeomotlrs
do prefsrrsd
Amsiicsn Mnioltlne Uefloliiff
do prrforrt«d...,.,
Atchison ••*•••
do pn*f»»nisB...*. •
American Cotton OU
Baltimore sod Ohio...,
Ilrooklrn Rspld Transit
C'snndlso Purlfle.....
Chicago ami Northwestern.
Chewpinkf ami Ohio
Oolofndo Fuel and Iron
Outrnl Leather
_ do prvferivd....*.
CblraRo aud Orest Western
CiMiffo, Mllwsnkeo and Ht. Tsui.....
iNdswars and Hudson
1’istlllers Securities ..i...
Eric ee,,.*....,.,., ,«*%*.**.*
<lo preferred...,.,...,,
Oenersl ICIeeirfc..*.
Illluole Central
American In* Herurttles
Lmitsvllle nnd NashtlUs
Mexican feutrsl ■
Mt!3Ni>url l'ttdflc
New York. Outsrlo and Western
Nstlonnl l*cud *
Northern I'selflc
Nrw York Central
Norfolk and Western.....
renns.rlvanm
l'fessed Stnsl Car
HA lSianil..... .....a..........
do. preferred
United mates Rubber
_ do. preferred
Bouthern Psdfle
Southern Hallway
do. preferred.
Sloss-Hhoffleld
Tennessee Coal and Iron
Texas and Psdfle
Ion Pacific
Itod Htntes Hteel.x
do. preferred
Ylrslnla-Car.tllnn Chemlesl
do. preferred.
Walls ah ^
il«. nrcferrril.,
Wisconsin Central
do. preferred
Total stock sales today. 414,70(5 shares.
RANGE OF THE COTTON MARKET
AT NEW YORK.
The following la tho rang* lo eotton
futures In New York teflav:
Laat Previous
Open. Illch. Y-ow, Hale Close, cine*.
July -.10.26 ftr II HiM
Oft. ..16.41 1(
Nov .. 10.44 10.44
I»ec. e.10.46 10.60
i nil. .,10.49 10.64 10.'
iich ” 10,63 joist iolio
Cloanl atrady.
AT NBWvORLEANS,
Open. Illgb. t-ew-.yak. Cln*e. Fr H!n*K
"nil -io:*21 M ft
mto rJ \W ft8$ ft!
« W ft:
L48 iov 10.6041 jo;&i-62 Jan. ilio.il jo! S ft46 io!« io.
io.ii kiMi Io.bI) Mch !!ib,
otoedy,
i»-i* io.37 io.i* ioiij
I baroly alroi
TIPS FLASHED
From Wall Street.
Private Wire to Albert A Clay.
-Nrw York, July ll-Danlvl Odell A Co..
While the grorral teuilcney of the mar
ket la still upward, It would not surprise
ua to .witness a softness temporarily, ow
Ing lo the technical position of some lead-
‘ng 1 aanea, and w* would not negleet uref-
ta, although racommeudlag the purchase
. ■ tsauee when reactionary for
' ' ' " ilntenance of
og hopefully
the trailing poattlnn of wall
for an August rise."
Marshall, fipader A Co,: "We do not ex
pect to aeo the list follow any downward
movement of aiiedaltlea, and prefer buy-
'Uf the heat stocks on auoh decline* aa may
lake place today and tomorrow, Haiti-
lore and Ohio should sell blither, a* should
nth of the steel tiauea, and we look for
irengtb In the Harrlman shares.
Uptown sentiment: There la practically
no chants In th* sentiment uptown with
tareste
price.
. . the Immediate future of the
stock markrL The profeaeloaal li
re etlll Imerish and maintain thal
rill rench a new Jow level on the I
rllne, wldt-h they expert will begin edon.
Not a fow blinking Intnreata are of an
opinion thnt the 1 '
invo liven reaehi
No one eeeras to look for an aotl
heat few weeks.’ It
literally experkd tha
market wttbln lh ?
this dfeline may start even to
has declared n rrfiilnr semi annual
of 3V4 per cent. This establishes tn# ItSck
Full 7 per rent basis. For several
K rlods iMiek the declaration has been S per
nt and ft of 1 per rent sxtra.
Private Wlrs to Wars it Leland.
New York. Jnly 18.- Improved i
WEEKLY REPORT
WAS NOT BULLISH
Naw York. July II—The San aaya: '"Th
reporte by the government and K. M. Giles
fell practlrally flat, and there was enough
liquidation to cause some decline. The
government report. If not pronouncedly
bearish, was leas bullish than many had
expected. Only In certain places was
Ih* precipitation exceeelve. Taxaa got loo
much rnln, lint the central counties of the
territories were tieneflted by tha prorlplln
tlon, breaking the drought In tlioao sec
tlnna, and tho asms was trua of Arkansas.
The Giles report shows a decrease In eon
Illtlon within nhdut two week* of .4 of
por rent, dud within s month of .3 of
1 por cent. On the other bind. It la 1.3 per
rout hl3hrr than a year ago, and within i
per cent of the condition on Jnly It, 1104,
tho yeer when the high record crop wa*
made. Bulls
capital
that It
■overnnx
dittmi,
government: was 33.3 per cent, and It
argued by the believers In liettar price,
that It has fallen to something below at,
whereas two rear* ago th* Angnat condi
tion, as aisled by th* bureau, was 31.3 per
iTLev VI? .rotfld* br f a**' ner" rent * bel ow
Is, say, hi, it wouia oe, s.s per rent below
that of 1804, whlls ths seresfs this year
Is said to he 10 per cent less than In that
season. Liverpool lurnght to some extent.
ItillsdsIpilA spot Interests wers hlddlnf
for August, and brokers, supposed to he
representing Pries Interests, were large
buyers of January for a time, hut Theo.
Price Is believed to have sold Inter on. In
any ,-,ac. there
cease a moderate <
nr the balance or in* wees, no
for Increased activity, however,
ir abort aide on hulgri.
lid off at 8746 for money In Lon-
monoy eon
... g, Irra
market for the tmlanc* of the weok.
not look f
ad prefer
Consols ‘
don.
At 2 p. in., allvar unchanged it Mtyd per
Denies unchanged at 97 franca 16
times nt 2 p. ni.
Humor on floor of panic In Busktan bonds.
Ilow-Junea summary:
Ameriean stock* In 7/ondoo Irregular and
rather heavy. . '
New York's Indelitednea* to ont-of-town
banks ameller than last yaer and oat-
ward movement for craps, therafora, should
President Johnson's estimate of Norfolk
earnings for pest yoar ahowa 10 per cent on
tho stock.
Judge Garry aaya continued prosperity
for at eel trade.
wttl
oety roads for nrat week or eniy snow
average gross lorreaa* of 12.33 per rant,
otdon expect* Now York to secure more
d from Sooth African arrival* nest Mon-
fwshre Indnatrlal* advanced .43 par coot.
Twenty, actlv# railroads advanced .30 per
Rains Htavy and Unfavorable.
. New Orleans, July II.—Haveraham
King says: “There have been heavy
and unfavorable rains In th* Atlantic
states and Alabama. Intensifying th*
already too wot conditions, while gen
eral showers have occurred elsewhere
over th* belt, so that clear weather le
much needed to enable farmers to lay
by' and clan off gras* In th# northern
half of th* belt. The Irregular barom
etrical pressures which attended this
wet spall Is disappearing, a high pres-
aure area, though but normal, covers
the middle portion of th* United States
and la prase!ng tha low’ off via Naw
England, being followed by a 'high' on
the Pacific coast, which Indicates to
mo clearing weather In th* oext two
days.”
rot*
Nrw Orleans. Jnly 11.—YsslvMay’s
ton market rgfloctad some Mttla fllnappolnt
mw crop longs. There was
l * p f?ir-
With
maul among naw crop longs. Tt
■milling In The news proving np
rrop ifsmsge and the fall [melilm
off In consequence. With ho potruMBBB
velopmenta earning to the ••detsnre of a
rather trying allnallon, tendency la ant of
tbs question, opinion Is worthies* and status
quo has loot the charm of Innovation. Mean
time, th* trend's requirement of raw rot-
ton appears to lie fuiaillug bullish eapec-
tstlnns, while the new rrop seems to be
S Httlng along nicely enough. Ther.-f-
■o efforts of the halt and beer lo si
MMMlriBHBBBSan
-.1
Hw’rar
ItbeTllogjesT'r**wieer! ssd lt“t«“now qnliel
evident that speculative Incentive I* not
to be trumped up by false prophet, with
fcffiawiax.'iiKwoa
SOUTHERN EXCHANGE
Oldest Established Office South-
CO TTOH STOCKS BOROS OflllR
around Floor Oould Building. Dally
market letter nnd market manual
mailed on application.
L. J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, GRAIN
Correspondent's Capital $250,000
RirCRCNCC, THE NEAL DANK
PHONE »AIT. PRUDENTIAL RLDG
m lift fftm Or/«sif.
cotton^g({ain,
Is. 2 w»il St., Ptltt BviH'tg, Anuta, 0a.
fmmni
Mew York Cattu lichaage.
Atm OrltiBt Cotfn iitkangt. rj--..*-
ih tt boo'. Cotton 41* otitUoa. New York Colt ot t» thttg*.
Print* thru to Atm York, Mew Orltaot, Chita go. f. C C01HAAH. Maaaf
Btll Phoot 1M
Chiogo Board of Trait.
.... -----met.
Standard PA#** 7%.
NOTES ON GRAIN
Pointers on Provision!.
Prlvats Wirt to War# A l^tnnti
Chlciio, July U.—Crowii buylat
wheat, hut no otilslds bvlp. N#w* lorl
to hv bullish, but wvlfht of ortual w
TxTft , Jnly II.—Inter Ocean: Cash bust
ness In wheat In fbl- ng" faeadsy was 3034-
oo\ mostly No. 1 hard t» Eastern uiillt-rs.
Hales of corn were 176."" bushels
ante 1)6,003 bushela At the arsluianl
porters Siild M.u» bushels wheat abfRR|
The demand did not siqiear to lie sa active.
There le some buslsee* doing *11 the time
that does not show up.
Charter* were made for 380,00ft hush ell
rorn St 143* te Buffalo. July deliveries yes
terday were 6ft.no bushels wheat, 130,000
corn and 160,000 iiounda rilm.
Thera were large d* Iverlee of July wheat
In Mliiitrapulle yesterday, which farced the
price nff over le. Millers there are lu th*
iouthwest buying the Hue No. 1 hard winter
-’heat that weUha •> to U pouada and
hlcb replaeee their spring wheat at a low-
• price, Milwaukee millers are also lu
the southwest tmriug.
A idverpeid cable said; "Wheat flnrtnat-
Ing and um-ertalu. The weather In Russia
le rather tietter, hut, on the other tiend.
the yields In Hungary are less than expect
ed. Corn firm, with n better demand/'
Kumli-r, III., eaye: "Early nets ara all In
the shock. Katlmsts nets' shunt two-third*
of a crop. Ilnd an Inch aud a half of rain
Pftrrius, the New York exporter, wired:
"Four week* **n th* null* had th* Italian
crop* killed, which turned out well. Now
tbvy work Mouth ltuaals. la th* nwaatlme.
w* exporter* sit Idle, not neetvlng orders
S markets,"
te ar* threshing 31 to 30 In Central II-
*. This le five to ten hnehele under Inst
yeer. In weight they are fonr to Are imunds
per huehel Iras then the rrop last yeer.
A crop rxiiert, hack from ■ trip through
Idaho, Oregon ami Washington, says:
weak at th* bottom, cables today come
alNiut unebsngiHl. This will uo doubt cause
abort covering on the opening at some ad
vance lu prices. Would certainly sell long
agpus «rjw jp jauur
For rorn th* weather le gelling hotter,
farmers are aetllng sparingly, aud ei|iect
belter prices.
net* harvest under way end soot* offer
's* of **w crap ara mad* drily.
Thera appears to bt good budging. looks
like soma rally.
Minneapolis wire*: "Ideal weather over
he entire Northwest ami Cajiada, Them
ire a few ruet report, from Hmith Dakota
hat might eeiia* nnxlety. If weather con-
lltlnns were not tierfset, but It le eool eml
lire sent, nnd rnet will not spread under
Provisions strong on light offerings and
STOCKS REVIEWED
BY NEW YORK SUN
New York, July 13.—The lun aaye: “Tb*
sdrenclng tendrney lu the market contin
ued to exert He Influence; and. save for
,In- illmlnl-111ni; lill.T. .1 III sp, - --bill- ,,. Ill,
roan* of the market thraoghoot the dey
woe prsetleally a dnpltceta of that of Mon-
I -- - --'ilnx prices for atocka ebowrd that
no desire to tnha profits on tho part of
recent buyers wnt acting a* * depressing
factor and quotation* ro*e *trodlly until
lbs afternoon hours of yu- session begau.
The* price* reacted ft little bit, and the
mark*! remained almost tt a *t*ndstll| an
til the cloee of business. Nearly alt the
active etoeke made final net gain* of s
point or more. Amalgamated Copper dock
waa it ha* been fort* brag time, the
lender of the market, and many more
prophet* w*ra found ‘willing to tm placed
on record’ ** declaring that the quarterly
dividend of Amalgamated Copper will he
ordered to lie paid by the directors of the
company Thursday, and wilt he at * higher
rate'than St prams! eatsbllsl.sd" Con.-em-
Ing this mailer, there are only one nr two
men alive able In speak with anything nt
all resembling rertelbty. end they aet-nsllv
re keeping qnlet. even If thexvfcar* arrived
n their own minds nt • defennlontton of
he best ronrsn for tho oomnany to pureue.
n general tho power operating for an ad-
ranee in prices In yeeferday'e market,
i slim S3%
aTisT* ,h ’
Crops ProDraised In June.
Washington. Jnly t>.—Th* foreign
emp report of th* agricultural depart
ment today aaya that during June
crops In moat countries of Karop* have
mads fair aaaaonabl* progress. In few
countries, however, waathar condlt
CABLES HIGHER
Had n Stimulating Effc
tho Market at tho
Opening.
•t on
WHEAT WAS STRONG
Wheat Opened Fully Half
Cent Higher, While Com
Wna an Eighth Up,
By Priratv Lee sod Wire.
Chicago, July II.—Higher cables on
both whsst and com and the heavy
buying by aborts of both cereals, bnd
• stimulating Influence en the market
at th* opening. Wheat opened fully
1*3 higher and rorn 1-1 higher,
J 'he wheat market started out strong
ay, prloas advancing over a mol
from yesterday's class, but at ih.«.
figures th* market met good selling
orders and lost one-half of Its advance.
The early strength wa* caused rhieny
by black ruet reports from the N--rih-
w*«t and steady Liverpool markets, file
showing only a fraction dacllns ngnin-t
our on**c*nt loon yesterday. Tin- buy
ing has been quit* general, nearly all
the leading commission houses being
on that aid*. Bom* of th* local hulls
who sold yesterday have reinstated
their lines.
Th* markat for corn ruled dull, but
steady. Commission housaa were Dm
boat sellers early, but the latter have
been buying and local* hav* been buy
ing on th* wheat strength. Weather
condition* sr* vary favorable, while re
ceipts run small and accaptancas light.
Caah demand only fair.
CHICAGO GRAIN MARKET.
WIIEA'
July.H
kept
^Opea. High. low. Close. Clo
•M a* a i
is> c s* 9 i
fea a w. t i
St: if ii*. 81* E3,
LAEl>—
fe m
Oft.... 9.10
ju^ b Y«
Hapt.. 9.46
Ort .. 9.20
CAEII WJIB -
N«. 8 r**«l <907944; No, S do 7lfr79; So
t hard winter 7*ff7¥? No. 1 norfhti
No. 2 do 79H081; No.
WhHRt
Corn ..
nnto
IlnffR ..
LIVERPOOL GRAIN MARKET,
wfiiflt »n»nM 44c to »4r Mrtr; 1:90 j.
<4r to He lovor; rlooM onrb«ngi"l to <
Blfbor.
Corn op*nM unrh«nrM: 1:99 p.m.* '
chnngcd; cIuhM onrhangod.
PRIMARY MOV EM EnT,
Th*» follotrlmr flftirr* rIhiw tho jirlinn
of whom* —■*
WIiMt-r *
St
pi"
■ gretnat 4l7.00d httsh#l! hat yoar.
(Mlav. 799,000 bathols, iyiilnM 4^9,000 bu«U«'l«
laat year,
NORTHWEST CATRa.
Tha following flcorN giro th>» northwest
cara today, laat work and laat jrar:
IjIBt TeJMt
Today. WmN. Year.
Minors poll* \fr 11H m
»ulntb..,. .. ♦* 2J 2
Chicago •..,393 9i 92
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.
Prank Hawklna. President.
H. M. Atklnaon. V. P. Tinnanaf* Erwin. Aa>L Caahler.
Joseph A M-’Oir-l, I’sst.ler It V Wy-rB. A^sf ''ashler
Third National Bank
Capital
Surplus
$200,000.00.
$300,000.00.
Dr. A* w. Calhoun.
Milton1 Dorian.
John W. Ora at.
II. Y. McCortL
DIRECTORS:
Frank Hawkins.
II. M. Atklo«on.
Joaepb A. M Cord.
WM. L PEEL President.
1(011 I r. MAl'IiOX. VI-,. Pres.
TIIOS. J. PEEPLES, Caahler.
JAB. O. LESTER. Aaa't Cn
MADDOX-RUCKER BANKING CO.
CAPITA! $200,000.00
SURPLUS AND PROFITS .... $500,000.00
ACCOUNT* INVITCO
Wo invite accountB of individuals, corporntions, banks
nnd bankers and offer the best terms consistent with
conservative banking.
In our Having* Department we allow Interest at tho Ilate of 3 1-2 per
cent. Compounded Semi-Annually.