The Atlanta Georgian. (Atlanta, GA.) 1906-1907, July 19, 1906, Image 11

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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