The Atlanta Georgian. (Atlanta, GA.) 1906-1907, July 18, 1906, Image 11

Below is the OCR text representation for this newspapers page.

•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.