Newspaper Page Text
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Liverpool, July 18, # 12:15
Mt quiet, with
Wy
aly-Auguri
Infuct-Sept. .
(•pt-Oct
Kt-Sev
for.-Pec *
lec.-Jnn
m.Feh
>h.-March. . .
larch-April. .
CloacU ateadjr.
fH K Al.TtA.NT A O KUKttI A V.
11
uni Him
■ m nine
Present Market Only Scalp
Affair Among
ing
Professionals.
outside HOLDING OFF
Early Advance Was Lost
After First Hour—Tone
Dull But Steady.
la on jorierday. there wa* a brief gpurt
JVtlrltr around the opening of the mar-
J t f 0r cotton options. There wa* also
Z adVance of a nptat or two ahor* the clos-
Azures of Tuesday for the new crop
5. and that New York has been supply-
weather In the cotton belt continue!
tit, the ruin fall M
at several point# being
M7 henry, which. It la clalnied, la Injur-
% the growing .plant
# aeml-weekly movement of cotton, ne-
■■ to Secretary Heater, Is aa fol-
Recelpta. 8,401. against 28,455 last
ad 2.259 In 1904; shipments. 8.007,
Soit“*7.W8 last* year’ and’5,884’ In i90L
‘ 55 ( gi) In
rocks, 120,003, against 132,041 and
IW.
8P0T con ON MARKET.
Atlanta steady at lie.
ftw York steady at 11c; sales 141.
Kcw Orleans easy at 11c; talea 125; de
nted on contract 100.
Liverpool easier at 6.10d,
LIVERPOOL COTTON MARKET.
. prices easier; tplddllog
mds 8.10; sales 7,000: American 6.100;
^...•ulntlon and export 500; receipts 9,000;
hnerienn 8.100.
Futures opened quiet and steady*
~—*— Previous
^■CttiBlOf I. - T
Itauge. Close. Close.
fi.fi . 5.84 5.88
just. . . .5.80-5.81 5.81 ““
.5,73-5,74
. .5.88
.'..Ml
. .5.82-5.88
6.78
M 5.70
6.58
,83-8.84 5.55-5.88
5.83-5.84 5.65-5.68
6.64-5.65 5.68-5.87
5.86 6.68
5.68 6.70
TODAY’S PORT RECEIPTS.
Th# following table shows receipts at the
•rti today, compared with the same day
ut year:
INTERIOR MOVEMENT.
'.pills
.h‘U\*
■ -■* t '
6817
5
BERT & CLAY’S DAILY
COTTON LETTER
!** Orleans. July 18.—The foreign mar-
■ was exceedingly dull today, options on
e rloee Inning 2 points from th<* previous
11 level*, while spot transactions show
man Improvement, sue* amounting to
W halos at 3 points lower. Tht Hrcu-
of u few July uottres broke that
™,"n 9 points before tlvi offerings were
■“wriM.,1 The decline also affected ths
>» month", which, however, Boon recover-
* on covering by shorts and some |fesh
f7 ,n 8 that s*Mn, due to further report*
t wet weather In the belt. According,to
«f the beet authorities, the present
condition of the weather with oc-
^det»l showers la Hi reality the moat fa-
"'ole ^Irrumstance that eould Meet the
>• fur the plant haa now reached that
» of cultivation where clear, hot
father would undoubtedly be detrimental
rau
E l!
iture iinmige, rather than to any out-
M»lgrt' lrr * ,one 80 * ar rt,ronfjl1 exce88lve
the dry goods market.
LMfM VnrTT
July 18.—Toe dry foods mar*
i.,,'*■-’ "mnen. vonon yarns nr"
Hulet, with spinners unwilling to
nny coneesslona. The export trade
®°re active.
cotton seed oil market.
Private Wire to W.re A Lelind.
Sew York, July 18.—Liverpool future,
opened steady * point, down. At lt:r"
in., all down; dull end Inactive. Spot
own at 6:10.' Sales, 7,Odd. Due to com
u.....
2©3 down.
The Liverpool cotton exchange will be
closed on August 4 and 6-Saturday and
Monday.
decline. Spinners fixing to take advantage
of decline.
Cotton opened quiet and abont aa expect
ed. ^Trade light, with Ipcala Inclined to r~ *
Weather map Indicates too much rain ..
the South Atlantic etatee. Look for quiet
and steady market today.
ijMJI a W* teller of December; Just of
fered 5,000 at 10.45.
Mitchell Just sold Wenman 10,000 Decem
ber at 10.45.
New Orleans. July 18.—July wna offered
a by Beer and liellwege with*
July declined apparently on notices W not
oxer 300 bales. '
Net stock In New OrVnns 38,354, against
46,004. On shipboard 1^063, against 18,013
last year.
The weather map shows much rain over
The eastern belt has heavy
the cotton belt.
rain In some sections.
The market Improved, bnt wna barely
steady, the old crop up 1 point and new
crops down 2 and 3 points, in spite of fa
vorable cables and bad weather.
New York wires: “Dick Broa. large sell-
era yesterday and today.’*
Private,Wire to Glbert & Clay,
New York, July 18.—Norden, who bought
20.000 January yesterday. haa discovered his
mistake, and haa been liquidating by sales
of October and December this morning.
Mitchell a good seller of December,, sup
posed to be for account of n Boston
The Journal of Commerce says: ‘Trade
for
neared quiet. In con*—* “ *“ 1
Ity, but buyers
were taken up with the cvl
which was making ltaelf manifest lu some
uounced. Heavy goods are
conditioned every day, advances being
noted In lines that have been offered at
buyer* would nay. The renew-
. -■ denu
gray
goods for domestic use, _
brokers were more active in response to
the call from finishers for more goods.”
•New Orleans, July 18.—Liverpool at 12:10
,i. ah. at 2 down la In lockstep with our
market, ami should have no Influence on
our opening.
WARE & LELAMD’S DAILY
DAILY MARKET LETTER.
New York, July 18.—While It wee gener-
lv expected n clear weather map would
follow the area or high pressure moving In
from the South Atlantic coast region, the
morning weather map» showed heavy rains
lu sections of Georgia and points east of
the river. At many places In Georgia be
tween 2 and 3 Inches of rain fell, with
ahowera very general. This condition waa
not considered favorable and shorts were
inclined to buy In cotton sold on the decline
Tikis ‘
yesterday. This buying led to a
5 points after the opening and tho
of cotton for sale was not such ns to weigh
upon the market. Liverpool met the local
decline, bnt later recovered, as shorts cov
year, and until that Is assured operators
will be rather cautious nbout over-extending
their Interests on the short side when any
damage to the crop would bring nhout a
sharp advance. It Is likely to coutlnue a
scalping market.
New York, July 18.—Pressure was
put upon the atock market early this
morning, soon after the opening, and
the professaiona! crowd off and on the
floor .quickly offered down prices, 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 wiseacres, 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 whdn the market looks weak dur
ing these reactionary tendencies, which
should be frequent owing to the high
ly professional state existing. The best
Information is that this is a period of
readjustment and digestion, and when
It shall have been accomplished there
will he a broad market at higher levels.
We think the trading position In the
meantime the beat, but with a prefer
ence for the long side for turns at least
during the hammering by the board
element Conservatism la advisable for
a time.
WARE 4 LELAND’S
DAILY COFFEE LETTER
New York. July lf-The "* B
quiet at unchanged price* on all options .ex
cept October. No sales were reports
* ... _ ..it m Mil Vnt.l ii... r>nnt Iniunl it
1*5. Y «L July 11.-1 luring the Ant pnrt
i** *ee»lon, trading was quiet, with
■« , won. trailing \
I* j™. eepeelally In tho near post-
!: v 5 * market was so
■ Interests, and there was evit_- ■
•tairtderahle manipulation. The high
2 1 *®, ef September over the other poil-
- ■itr.u t.d attention, n* September Is
s uew crop month. It wae
L EU'
I
room for 10,000 barrel* to
export business. Price* at
were %c lower t» He higher.
Opening
H mtStSE'
pnrtlrally a itaml.tlll with th« onlr tr»n»-
nrtlon. of cooMqa-nce op to midday nn
ozrlung. of 2,600 bag* of Doeomb-r for
M*rch »t 25 point.. Th* market remnln-
M nt »bont tho InltUl l.Tel all th. morn-
Sg. and till. wit. conaldered « pretty good
.bowing In rlew of the lower c»ble» and
fb°
sffijr' si »nSr«iff
frmii nbroad, but tb. European trade I,
evidently against the market on the ueun.
Influence m Inereaalng reeelpta at thla
tlnra of year, a light demand for conaamp-
tlou and the drrfre -to aee a markrt on
wbleb to buy in llrnall. Thare waa noth*
Ins In the Brasilian news to encourage
buying here in the face of disappointing
Rnroni-an cahlea. fUo waa unchanged, and
of Brasilian exchange was 1-&M
higher, but Haqtoa declined 50 rala aod
receipts at the two porta were 43,0w
ffira. P J*alnat «£» lnu y«r Jondr.hj
receipt■ were 41,800, against 33,00* last year.
Mif fin' Tanlo WaicK a. r-porrad br the
later cables, were 0.39 bng*. against 34,-
885 laat year. Wara bourne dellrerlee al
Xew York yeaterday were «.-'2 hi
against U.OtS Bet year.-Ware_A_ Lejani
r
following Is Sven the opening and closing
auotatlons of the New York coffee market
A 65-6.70
.6.70-6.80
.6.80-6 J5
.6.85-6.90
.4.90-7.00
January. •
near;-.-."."
* -
November
Deccra!»er.... •• •***■*">
Closed steady.
6.60-6.0
6.70-6,73
6.734.83
6J34.80
6.904.0
6.154.20
6.154.9
6.304.30
1304.36
6.264.40
6.45A50
GIBERT & CLAY
'* «■ ALABAMA I
STOCKS. BONOS
COTTON. OKAIN.
CO FFCC. PROVISIONS
ATLANTA* OA.
MEMBERS
and Lons Ol.tanu* Taiephon,’ :238.' ** W. R- FAGAN, Mana a *r.
FLOOR TRAOERS
SELLING STOCKS
Caused Decline and Uneasi
at the First
Hour.
ness
LONDON AGAIN SELLER
Credited With Selling 20,000
Shares on Balance Help
ed Ftp-ce Reaction.
By Private Leased Wire.
New York, July 18.—Heaviness
foreign markets, due mainly to the
unsettlement of Russian affairs, waa
the principal factor In our atock eg'
change dealings today. The refusal of
th exar, aa outlined In the morning
dispatches to accept a policy of com
promise which would conciliate the
powerful elements of opposition to the
present government was regarded as
very serious on all the European
bourses. Russian bonds broke very
sharply, and In tbe uncertain state of
London's finances this was enough to
cause a decline In ell other depart'
ments. American stock!'were down
less than the average, but the slight
lossea ‘reported over the cable lnllu
enced more than anything else the
opening here. Prices starting lower,
fell olt in all a point or thereabouts
for the active Issues, and then ceased
to move at all. Stocks seemed to be
offered freely enough when bid for, but
were not forthcoming in any quantity
on the decline. After the first hour
trading was extremely dull.
Tbe stock market opened' under Some
pressure, which resulted In declines srer
aging from U814e throughout virtually tb,
whole list. Trading st tbe outlet wss rath
er active In tbe more prominent railroad
and Industrial abares. After tbe opening
trading, tbe market became duller ami
waa still betvy.
The movement during tbe flrat bour was
disappointing to those who turned to the
hull side yesterday. The room started In
selling stocks at tbo opening, and de
clines that resulted caused an unenslnesa In
many quarters snd Induced moderate II
qnldatlon of speculative account. London
sold 20,000 shares on btltnce, and helped
force a reaction.
Uovcrnmente unchanged.
Other bonds quiet and ateady.
LONDON STOCK MARKET.
STOCK-
Anacomlg
Atchison
Chli-., Mil, and St. Paul..
Erie
do. preferred
ut'i iiivHJiirui.
Illinois Central.. 1
Louisville and Nashville..,
New York Central. . . .
Pennsylvania.... .. • •• ..
H«adlUR
Southern Pacific.. . .. . .
Union Pacific. . .. .. **
Unlton States Steal. • . •
do, pref.
ATLANTA MARKETS.
FRUIT8 AND PRODUCE.
Officially corrected by Atlanta Fruit and
Produce exchanse.
Lemons $5.10 to 0.10.
limes 50 to 75c.
I'mpIim. per crate. 31 to 11.50.
‘‘ 32.60.
Peaches. |»‘*r eral
llneapples $2 to
Hunan**, atralgh... .
$1.75. Cull*, per bnnou, $1 tc
Watermejons, $7.10 to $20.00 per 100; d*.
Sfc’Ste
Dreseed hens, per II
“ “ I*, per d' **
ter, tabl
UNTBY PRODUCE.-
iv.^cl^riila^
20 to 22Wc; cook
lOe lb.;' In 1-tb. racks 10
.on*y-
C VKOBTABLBB.—Irish potatoes,
stock 24 barrel; No. 2 stock 82.5).
Tomatoes, per crate. 81 to 81.50. .
Corn, mw. 10 to 1214c per dosan,
Okra, per crate. 81 to 81.50.
Old Irfab potatoe*. per bushel, ltd).
Old sweet potatoes, per bushel, 81 to 11.20;
new sweet potatoes 8U0 tinshel. . .
cherries, 21-qu.rt crate, 81.50 to 81.77.
Centaloup-s, per crate, 81 to 11.501
g lackberries 1!> t. 1215c quart,
awberrias K> to Iftau quart. m
FLOUR, GRAIN. PROVI3ION6.
rr.OUIt.-l'ostols Elegant 88.10; Diamond
stent 85.75; fancy patant 81.55; Imlf patent
...JO to,84.26; •>»*» 8M0; aprlng wheat
patent 85.25 to J6.75.
CORN.—Cbmeo red cob 78c; No. 2 white
74c; No. 2 yellow 72ci mlied Tic.
OAT»—Choice white clipped,'i:e; choice
" sd. 43c; Tosss rust
^A.^r’.ln.ws.M
'Oorts, whit*. 21.40:
|feSa!X. t
ground, per bushel,
ea,^ par besbel, —
mu. 2<J6; brown,
oiled orao, IL1S.
BMLlrjRT
>y bale*. li.uS; do.. No. 2 81: do., No. 1
mixed 81.06; do.. No. 2 cloaed mixed
CLOVER.—Choice »0c.
The above prices are f. a h. AlUets, and
subject to Immediate acceptance.
SUGAR.- Rtandaro granulated le. New
York Refined 4V, to <54; plantations 414 to
ISo. Market stronger.
.—UMstiNi Arbnckle’s $15. W;
jfs or barrels, 12%c; green 10 to
2c. Market weak.
HICE.—Carolina 4% to 7He f according t#
grade. Market very- strong.
" CHEESE—Fancy fuf
— EESE—Fancy full creain dairy, 14Mc.
twins l«r; brick, 14c. Market strong.
PRO VISIONS.—Hupreme hams 1 Cc. Dm
i 13Hc. California ham* 10%r; Had Cross
i 15c, Dry salt astra rib* 10.00; belllca
lbs. 10.75; fat barks 8H; plate* 8<4-
Il»s. 10.75; fat back* I
Supreme lard 10. Red Crt_.
Dnft compound 7%. Bed Croaa 7%.‘
STOCKS AND BONDS.
HUNEJBt'V
Macon (a. liio
Atlanta, 5s, 1911
Atlanta. 4‘i*. 1822..,.
Atlanta “
MH
sad West Point Debt*. 107
It. of Georgia first Income
do. asroad lorome 88
do. third income 81
Georgia 30
August* and Savannah., 113
Kouth western 116
Georgia Pacific lata......... 120
C.. C. aad A. lit 112
at
Amalgamated Uop|n»
Atlnntle Cmat Hue f;.,.
Ai.it , i< in Siipiiir Itctlnlng..
do pr
A !11C! !•'
ltd
Baltimore and Ohio.,..
Brooklyn Bnpiti Transit
Oanadwa Pacific
Chicago nml Niirthweaiani...,
Clifsuiicaki* iiml nhlo....
Fuel
tlier,...;...
I'hlcngu nn !
t’hlcago. Mil
Delaware and Hudi
Dlatillcr’s Socurltlce
and
(Jonoral Blectrlc
Illinois Central
American Ice Hcoiirltlee.,,..
I-oulBvIUe mid Nashville
Mexican Ce
i'rw iur«, unit
National Itcad..
Northern Pacific
New York Central
Norfolk and Western....,
Pennsylvania
People’s (las......
Pressed Steel Car..
do. preferred.........
Pacific Malt
•k Island
do. preferred
I ted State* Rubber.;
do. preferred
Southern Pacific....
Southern Ball* ay
_ do. preferred!
Sloss Sheffield
rtioss-nnemeni
Tennessee Coal and Iron
Texas and Pacific
Union Pacific
United States Steel
do. preferred....
Vlrglnla-Caroiiim Chemical
do. preferred
Western Union
Wabaih ■■■
do.
nreferreii!
ii n
Wisconsin Central..............
do. preferred.........
Total atock ettmi today. 414,700 share*.
RANGE OF THE COTTON MARKET
AT NEW YORK,
^ The following-!e a the range la cotton
futures In New York t<-!av:
Lost Previous
Open. High. Tjow. Halo Close. Close.
July ..1A36 10.0 16.10 10.32 10.23-23 10.3-27
Aug ..16J0 10.30 9.26 10l2T 10.36-88 KkJO-ll
& »:a !is US !2:§.s
10.44 10.44 10144 16.44 10.40-43 10.43-44
AT NEW ORLEAN3.
The following Is the rang* In cotton
future* in New Orleeua toiifl
- - Previous
Open. Ifleh. Tjow. Sstt Close.” ’ CloeeT
July ..11.20 11.5) 11.00 11.14 11.06-10 11.33-24
RiSISIsISislitli
lov .. .... ....i 10.36-16 10.9-40
10,33 10.18 10.17-38 10.
10.43-46 10.4<
Mch^iiM mr,7 io.M ioiti ioistu loi
hnroly ateady.
TIPS FLASHED
From Wall StreoL
Private Wire to Glbert & Cley.
New York, July IS.—Daniel Odell ft Co.
"While the general tendency of the mar
ket la still upward. It would not surprise
us to witness a softness temporarily, ow
Ing to tbe technical position of some lead
Its, although recommending the pure]
bf standard Issues when reactionary
urns, at least, during.tbe maintenance
I be trading position of waiting honeft:
for an August rise."
«ler
pert to sec I ■
movement of specialties,
on such declines as may
■P^MPBoday and tomorrow. Baltl-
ore and Ohio should sell higher, a a should
more and Ohio should aeu hlgNHPPMPPM
both of the steel Issues, ana we look for
strength In the Harrlman share*.
Uptown aautluent: There la practically
I o change In the sentiment uptown with
respect to the Immediate future of the
etock market. *The professional Interests
etlll bearish and maintain that prices
reach a new low level on the
cllnc, which the/ expect will bet
Not .* few banking Interest* are of the
opinion that the low price* for some time
lave been reached, and that there will be
mprovemeut on the whole from this time
at price* wll
t recovet/, i
ila decline may start even today.
Tho Illinois Central Ilallroad Company
haa declared a regular *cml *onu*l dividend
of SH per cent. Thla establishes the stock
on a full 7 per cent basis, ror several
period* hark the declaration has beei
cent and H of 1 per rent extra.
WaRserman rushed Beading up and then
sold it
Private Wire to War# ft Leland.
New York. July 18.—Improved money con-
should werk for a strong, Irregular
baf
ditlnl
market for the
> ■!■»«*, Hinmai
of th* *Hk Do
.ami prefer abort aid* an half**.
Conaola 14d off nt 87K for monay fn Loo-
At 2 p. m., atlrar unchanged st 27Hd per
onnee.
Kentea nnehtoged at *7 franca If cen
time* at 2 p. in. . . _
Humor on floor of panic In RnaeMta bond*
Ilow-Jonaa' mimtnnry:
American atock* In Ixtndos Irregular and
rather heavy.
ward movement'fur crop*,
‘ 9 lighter.
Prealdent Johnson'* eatlmat* of Norfolk
eornlnga for peat year show* to per cant on
the atock.
Judge Garry nays continued proaperity
for nteel trade.
(fowl demand for afoeka In loan crowd.
H. II. Rogera and William Rockefeller
Itbdraw from Mutual Life troatoM.
Torty road a for flrat week of July «how
an nrerag* groea Inerenn* of 111, per caut
lamdon expeeta New York to aeeara more
gold from tenth African arrival* nest
twelve Indnstrlala sdvsnciB7^48^yt^cant.
Rains Heavy snd Unfavorable.
New Orleans, July 18.—Haverahnm
King says; "Thera havs been heavy
and unfavorable rains In tha Atlantic
aUtea and Alabama. Intensifying tha
already too wat condition#, while gen
eral ahowera hav# occurred elaewhere
over th, belt, ao that clear waather la
much needed to enable farmer# to lay
by' and clan off groan in the northern
half of the belt. The Irregular barom
etrical praaiurea which attended thla
wet epell la dloappeerlng, a high prea-
aure area, though but normal, covers
the middle portion of the United Stetee
end Is pressing the low' off VIA New
kalno, fnll/HVtet Kv ■ 'hltyh' nn
England, being followed by a 'high' on
the Pacific coast, which Indicates to
me clearing weather in the next two
days."
WEEKLY REPORT
WAS NOT BULLISH
New York, July 18.—Th* Snn says: "The
report, by the government and K. »L Giles
fell practically flat, and there wss enough
liquidation to ranae soma decline. The
(or.rnmrrit report, If not pronouncedly
beariah, wt* leea linlllah than many bed
expected. Only In cettalu place* wa,
tbe preclpltntlnn excetalr*. Texas got too
much rain, but tbe cantral count!#, of th*
terrltoria* ware benefited by tha prsdplta'
tlon, breaking the drought In thoou sec
Ilona, and the eatne was true nf Arkansan.
The Giles report shows a decrease In con
dition within about two weeks of .4 of J
per cent, and within a month of .8 of 1
1 per cent. On tbe other hend, It le 8.8 pef
cent higher than a,year ago, and within I
per cent of the condition on July 18, 1804,
tbe year when the high record crop waa
made, nolle ware
capital out of thl:
that It paints prej
government report In Augnet. „
(Iltloo, ne given la the July report of the
was <1.1 per rent, and It It
the believers In Uettar prices
fallen to something below xx,
i) yean ago tha Angust eondl-
ed by the bureau, wm —
I'rlAte Wire to Ware A Leland.
Chicago, July 1A—Crowd buying tha
wheat, tint no outilde help. New. Inclined
Chicago. July 18,—Inter Ores if C j
cm la wheat In Chicago Tuesday i
OOOl mostly No. 2 hard to Eastern
Hale* of corn war, 171.0)'
oata 126,On! bu.hrl*. At tb<
porter* i«dd K'-.c-t buahela
fcirwsfnsrffii,!
__ inlllora.
MWMM.anil
oata 125,000 buahela At the Saab
■■ ',088 buahela wbe«t ,—
not atipear to be a* actlre.
v baalttaaa doing *11 th* time
that doe* not ahow up.
Charter* ware made for 800,000 huehel*
t«ic unuu mr #w.<aw uuiHcia
corn at M4c to lluffalu. July dellvertoa ye*.
i 16,000 biiehele wheat, 120,000
tenlay w
corn and 150,000 pouuila rlbe.
I There were large dellrerie* of July wheat
la Mlnnee*olli yetterday, which forced the
prlco off orer 2c. Mlllera there are In tho
tonlhweat buying the one Nn. 2 hard artnter
a bent that welah, , It It pound., «nd
er price. Mllwiiuken
the ennthwaat burlug.
*«• Ifl
llera arc all
A Urerpool cahla Midi "Wheat llaetuat
Ing and uncertain. Tbe weather lu lluiala
I. rather letter, but, un th* other hand,
the yields In Hungary gr* lea* than expect
ed. Corn Arm, with n better denisua.
Knmler, HI., any,; "Early oata are all In
tha ahoek. Eatlunte oats shout two third,
of a crop, ilsd so Inch and a half of rala
Sunday."
Ufarrius, the New York exporter, wired!
‘Year week* too the null, bad the Italian
hilled, which turned out well. Now
illnole. This le live (b ten huebele under last
year. In weight they are four to Are pounds
per buebel lea. than tb* rrop laat year.
A crop rxpart, back from a trip through
Idnhn, Oregon and Wa.hlngton, aayal
Wheat la looking fine ererywhere. culling
a In Washington the flrat of last week,
mi " rhent, will lie record
Alfcropa, eapeclally whJnt, will ti* record
brenkera In three states named, flloppeq
at a couple of imlnta In North ftakota and
found a wimderfut promise. Ito not thin"
present c«ndltluna could lie Improred upon.
,'rlrale Wire to albert * Clny.
Chicago, July l#.—While our market do
■lined over it cent ye.lerday and eloaeil
„ t loaad
rabies today come
- doubt cause
wr.a HI mo mni, i nine, uni,
about iinchangml. Thla will do doiil
short eorerlng on tbe opening st some ad-
Vane# In prlcea. Would certainly aell long
wheat nn nuy banl atait amt at tb* aain*
time taka tbo short able moderately.
Kor
the wealh
hotter.
peci
farraera nre 'selling apxtlngfy, *n5
X
WSSTO.
Minneapolis wires: "Ideal weather orer
the antlro Northweat and Canada. Tharo
are a few rn*t report* from Houtti Hakola
that might cauae anxiety, If wenther roil-
dlttona were not perfect, hut It le cool and
plraeant. and ruat will not spread under
Illi-ae rondltlnne."
' Iona etroug on light olferlnga and
■ owd. Rolsaon nought
STOCKS REVIEWED
BY NEW YORK SUN
got
ar.
tloi
tlon, gs statMl by th* bnraau, waa ,1.8 per
rent If the August condition this .veer
lx, say. 82. It would he 8.4 per cent below
th.t.of.1204, while gStlfflNLn’h fffl
and brokers, supposed to b*
'prciciitlna Prlr* inter**!*, W*ff lar*e
ntKri'!, te re* JiS’laler’ o^Tri
■y rase, there wee enough llquldatlnn to
inse a moderate d*cllne. , '-Glb*rt A Clay.
New Orleans, July U.~Yealerdny’i
in market reflected aome little dleoi
vslopmenta conuoff to the aailaunre nt a
rather trvln* altnatlon, tMdeney II Wt of
«k. q~.lUop.nmol,. -rU.leM.m1 jjiln.
*P***to lie nulling bnllleh ex;,cc
tatlnns, while th* new cron aeeme to bd
getting along nlrelr enough. Therefore,
the efforts of tha ball aad bear ta elds
track the real lean#* are encountering grave
difficulties. Th# brooder proMeSi larotvai
Is tbe great_quretloa era far too cUarlr
defined to afford safe biding ground for
the IHoglral roe softer, and It la sow quite
erldent that speculative Inrsatlre la not
MaiiBiil up by Lilac prophets with
ither year*. Public opinion will
shape Itself In good lime. -Ware A Intend.
SOUTHERN EXCHANGE
Oldest Established Office flouth.
COTTOR - SIOCilS - BONOS GRAIN
Ground Floor Gould Dulldlnff. Dally
market letter nnd market manual
mailed on application.
LJ. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, GRAIN
Correspondent's Capital {250,000
RcrcacNcr, the heal bank
PHONE 1417. PRUDENTIAL BLOG
y#r*. Utw Orlnat.
WARE A LELAND
COTTON, GRAIN, PROVISIONS, STOCKS, BONDS,
Mo. 2 Woll St., Ptttn Baildltg. Atliats, Gs.
M tM BUS:
for York Ctffot ttthsoot. Cklesgo Btsrd of Trsdt.
Mtw Orleans Cotton Ittfangt. Ch up Stock tichaogo.
Uterpool Cottoo Auoclstloa. Mew York Cotlee lickatgt.
frltoto Wirai to Meet York, Mow Orleaot. Chicago. B. C COtMBAH. Menager.
“ — Irmm
Bell rboot 1262.
Standard Phono 2%.
New York, July 19.—Th* Bun aaya; “Th*
advanrlnc tendency In the market contin
ued to exert Its Influence; and. aav# for
the dlmlntihlng Interest In speculation, th*
cour** of th* market throughout the day
waa practically a duplicate of that of Mon
day. Opening prices for stocks showed that
n6 desire to take profits on the p*rt of
recent buyers was acting a* a depressing
factor and quotations run* steadily until
the afternoon hour* of the *ee*lon began.
Then price* reacted a llttl* bit, and th*
market remalfied almost at a atsndatlll tin*
til the cloee of bunlnea*. Nearly all tb*
active stock* made final net gain* of a
point or more. Amalgamated Opprr stock
was, as It ha* been for a long time, the
leader of th* market, and many more
prophets were found ‘willing to b* placed
on record* aa declaring that tb* quarterly
dividend of Amalgamated Copper win h*
Had a Stimulating Effect on
tho Market at tho
Opening.
WHEAT WAS STRONG
Half
Wheat Opened Fully
Cent Higher, While Corn
Was nn Eighth Up.
By Prirat* Leased wire.
Chicago, July II,—Higher cable* 'in
both* wheat and corn and tbe htuvy
buying by shorts of both cormtls, had
a stimulating Influence on the market
at the opening. Wheat opened fully
' I higher and com 1-8 higher.
The wheat market started out strong
today, prices advancing over a cent
from yesterday, close, but aX these
figure* the market met good .oiling
older* and lost one-half of Its advance.
The early strength wa* cau*M chiefly
by hlack rust reports from tht North
west and steady Liverpool markets, till,
showing only a fraction decline against
our one-cent lose yeaterday. The buy
ing has been quite general, nearly nil .
the leading t'ommlsalon houses being
on that aide. Home of the local bulln
who sold yesterday have reinstated
their tlnee.
The market for corn ruled dull, but
steady. Commission houses warn tho
beat oellars early, but th* latter have
iw« eeuars early, nut tna latter linvn
been buying and locals have been buy
ing on the wheat strength. Weather
conditions are very favorable, while re
ceipt* run small and acceptances light.
Cosh demand only fair.
CHIOAQO GRAIN MARKET.
WHEA'
J«ly
B*Pt...e
ipen. High. Low. Close. Close.
Dec
COBN-
Jnly 51
fc- un
OATH—
July
H*pt...
1113 1
s'
«!4
un
Company Thursday, and will be at a higher
quiet, even If therAl
n mlnde at a deteri
urination of
In general Ihe power opera lire;
vance In prices In yeelerriay'e*MHIP*-
llt has been Bines the close of last week,
a ileeMeilly much m.ire hnin-rul reeling In
tbe flneiiclal conimmrit^ rig'irillng the
money eituatlon.”-
Cropa Prograiaed In June.
Washington^ Joly 18,—Th* foreign
TV OUIJ go.— *810 8 III VI ||| I
crop report of the agricultural depart
mant today lay, that during June
crop* In moat countries of Europe hart
made fair aaaaonabl* progress. In fqw
■BUB bOMOMBMiiOO "
countries, however, weather condition*
hay* Men all that could M desired.
J_S SS US 3 Dj
m m ii : .L S
ii
LAUD—
July..
IT.:. ....
Hi*|it,. 9.40
0 i'A'air ‘viIbat?
No. 2 red 7
2 hard winter
WH I
Wheat
Corn ..
Ost* ...
Hog* ..
'8
20.800
24.>
LIVERPOOL GRAIN MARKET.
Whest Hr to %r lower; 1:30 p.r
V4r to *4c lower; rlo*e4 onchaok'** 1 to V
higher,
corn openH unrhensed; 1:30 pm., u
ch«ug*<]; clo#4*<J uuvhsuf^l.
PRIMARY MOVEMENT.
The fnllnwlns figure* ihnw lb* |
movehient *f when ;
Whest—Rere|i)f* today, 1.97,000 In
against 7%7.060,mishels la*t year;
■Berelpt*
,i.m hu*i
1,000 bush
[jofn—fie?inf* today, h
slnst 4U,(Yv iiirehid* I**t year; »hlj
ligsifltt -, Mar -
today, 76*000 bushels, sgalii»>t 4*9,'
last year,
NORTHWE8T CARR.
Th* following figures slve tho nr
air* twloy, last week and lost y**
Tod*/.
Mln**apoU«. ....163
niluth 40
ChUmgo ... ,, ....313
10WRY NATIONAL BAM
CAPITAL, SURPLUS AND PROFITS
OVER ONE MILLION DOLLARS
Foreign Exchange, Travelers’ Checks, Brown
Brothers’ Letters of Credit available in all parts
of the world.
Frank Hawkins, President.
fl. M. Atklosoo, ▼. P. Tn : i*» C. Erwtn. A*st. Cashier.
Joseph A. McCord, CsaT.ler. It. \V. Dy*rs. A*st. Cashier.
Third National Bank
Capital
Surplus
Dr. A. W. Calhoun.
Milton Dargan.
John W. Grant.
II. Y. McCord.
$200,000.00.
$300,000.00.
J. H. Nunnelly.
J. Carraii Payne.
DIRECTORS:
Frank Hawkins.
II. M. Atkli.»on. b* B l.»-**-r
Jo«eph A. McCord. David Wood
WM. fa. PFeEte. Pr**td**t.
BOBT. F. MADDOX. Vle^Pres.
MADDOX-RUCKER BANKING CO.
CAPITAL
SURPLUS AND PROFITS ....
ACCOUNTS INVircn
We invite acoountH of individuals, corpora
and bankers and oder the best terins
conservative banking.
In our Haying* Department w* allow Interest at U
cent. Compounded Semi-Annually.
$200,000.00
$500,000.00