Newspaper Page Text
Ml, .TIT 1*. |w»
n
edited by
JOSEPH B. LIVELY
Lively* 25 7«n' .xperlenee
THE GEORGIAN’S RECORD OF MARKETS AND FINANCE E-BSSS
hold n Siam
lliverpool Advices Were Un
expectedly Strong at
the Opening.
[due TO WET WEATHER
ading More Active and
Fluctuations Covered
Wider Range.
irrini' LMMd vn re.
1 fcw Vork, July 19,-Tbe early advance of
ml point* In cotton this morning wa»
Dlrd to firmer catile* than expected and
U,,r rain* In the eastern belt Commie
' * at* and chief-
Im bon*® trad® wai moderate
Ibjn far month*. New Qrlenns wa* up 7
* 4 to 6
I
July and
points higher
, M market for cotton nptlnna In New
tik opened qoiet nnd steady this morning,
J** • l.iia-ltif* nnd Idda fnF
mine gmxl buying nml Idila for
I w Of the new crop months an ad
run midday on short; covering
llrarpml waa firmer tlinn expected nnd
■tinnance of wet weather wna reported
J the enatern belt were Influencea con-
l&totlnc to the morning strength.
It l> the opinion of some of the people
> ralae cotton nnd clo«o olucrvers of
lltlona during previous seisms that
.e damage has resulted, from the preient
I’ie’^f'the former «*y*:“ "It mu*t he re-
Matiered that mldaummer ralna do not
* ia much damage to a small plant as to
„a of hotter weather follows the rain.
I an intelligent effort is made to clean
i tlelda. July ralna do a, small plant a
rid of good. At this time of the year there
complaints of a small plant In the
stern part of the belt In the record lirenk-
I waaon. If Georgia and North Carolina
t some sunshine now, the fields will be
One of the Intter snys: •'The Ideal cotton
Isnmn I* mode hy a dry June? followed hy
■ get July. This la what we are having.
wet July,
o..„ .... advices which I receive from
•liable sources all over the South the
edition of tlic crop It exceptionally prom
ts! with the possible exception of some
_„j lands In the eaotern belt. South Texna
III shout two weeks early. I consider the
irrsl condition nt this time 16 to 20
amt hotter than laat year, nnd the
letsafo Is larger thnn eatlmatcd. If to-
prospect* could 1>® u*cd as a bail®
e fstlmntlnjr. I *hould my that tne prom*
I* for n crop of 11,000.000 anyway." i
■ if in alno n known fact that tb® b®»t
IpncttHi jtoopl#*, itoth producer and exjvert
■ ptmiltl IH-IIIIU-, IIUIU jmnilivr* WUU w.uv. w
■•totlAtirlnti. know r®ry little about whftt
11 cron will be from the site of the plant,
|«mn!*r »f bloom* or l>oll* until the crop
lln out of danger nt both end* of the sea-
SPOT COTTON MARKET.
Xmt Orionn®—Quiet nnd stonily, lie; sale®
Liverpool—Firm, 3.11d.
! Ane»*tn-Nt®ady. Utt®.
fit. Loiiln—Steady, 11c.
Itrnnnuh-Steady, 10%c.
LIVERPOOL COTTON MARKET.
I Utcrpnol, July 19, 12:15 p. m.-Cnttnn.
V*t hiislnesa moderate, with prices stonily;
sin 6.001; Amerlcnn 6.T00; apecnlaUon
ffuturcs opened ni
«•!
penlng . ' Prevloin
Range. rtoae. Close.
,.6.M 5.85 , 5.94
.,5.81-5.63 6.556,86 6.81
.6.746.78 6.77-6.78 5.74
.6.894.70 6.714.72 6.«8
,.5.«5 6.574.88 6.84.
.5.544.85 5.08 5.67 5.831.54
..6.54 5.854.87 5.034.04
..6.85 6.874.88 6.644.06
. 5.69 5.88
.5.89 6.71 548
TODAY'S PORT RECEIPTS.
ITks feilnwlng table shows receipts at the
“-t> today compared with the anroe day
■vannah ...
Turtratnn .
htmlngton
1088
Of
INTERIOR MOVEMENT.
SPOT COTTON MARKET.
iGelventon, July 19.—Cotton firm: mtd-
7 11; net recelpta 246; groaa 246;
' none; stock 19,121; aalea 551; ex-
lott coast wise 6*5.
Savannah, July 19.—Cotton ateady;
“Wdltng 10 3-4; net recelpta 1,068;
"** 2,458; aalea 27: atock 21,502; ex-
i and coaatwlae 400.
[Beaton. July 19.—Cotton ateady;
^filing U; net recelpta none; groaa
sales none: atock none; export* to
tat Britain 95.
[Houston. J“lY 1»-—Cotton ateady;
4ting it; n et receipt* 156; groaa
aalea 225; ahtpmenta non*; atock
Alt*.
[Augusta, July 19.—Cotton ateady;
►Mdilng 11 l-g; net receipt* 25; groaa
: aalea 571; shipment* none; atock
[Hrmphle, July 19.—Cotton quiet:
■odilng 10 7-2; net recelpta 10; groaa
"v'al-a 472; shipments 400; atock
L*’-i-ouls. July 19.—Cotton ateady;
7™lng 1015-J6; net receipt* 11;
»*a 483; sale* 522; atock 26,564.
I'lncinnatf. July 19.—Cotton—net
NEWS AND GOSSIP
Ot tho Fleecy Staple.
Private Wire to Ware & Leiand.
19,-Uvi
New lurk, July 29.—Liverpool futures
opened ateady and unchanged. At 12:15
ns m- unchangml to X up; quiet but steady.
Sale* *,000. Spot* 1 up -* *•*• " r
about unchanged.
Parrott bidding for 10.42 for 10,000 Octo-
Mitchell and Wenuun good burei
quiet *ud ateady.
Cotton Opened qt ...
light, lommlaalon houaea bought a Utbe.
Weather map still Indlcatea too much rain
In Atlantic, state*. Look for quiet, steady
market, wiejl unimportant priie chaugei
IWnk can oe bought on any Utile ile-
cllue. .
II. ivilaon bought 5,000 December at 10.61.
Now Orlean., July 19,-Llverpool cables
are favorable. They w— .
to 2 down on New Orlei
to 1 polut down on New _ _
to “I* W.Q00 October and buy
10.000 Decemlier at 2 points.
Future* are very ateady on weather con
ditions which show lltlo change or little
promise of change during the next twenty,
four honrs.
Spot men are hoping for an advance In
July so that they can sell against stuff that
they want to tender.
Spots are In fair supply, but moderate
— —j,.
demand. Almost nothing nits been done.
Private. Wire to Gllwrt A Clay.
' New Vork. July 19.—Nonleu ofiered 10,000
Octnlier 7 polut* under December.
The Journal of Commerce asys: "Buy
ing la proceeding legitimately, with every
Indication of full volumes of goods being
taken as the season progreaae*. The out
look la qnlte different from that of laat
year at this time, the main feature being
that money la not so easy for oommerol*
purpose*, nnd tbere being a very genera
Idea prevalent now that goods enough wll
Ira bad to go around when they are want-
Ml. Last year, It will be recalled, It waa
Iraeomlng apparent at tbla time that a
scarcity was possible, end while that
scarcity did not develop In msny lines,
there Wkre substitute* In plenty, and the
distribution of merchandise waa not halt
ed a great deal."
New Orleans, July 19.—Covering by short*
— - r . Mari,,., fi, -
causing the Improvement. Market dull and
narrow, with uo now developments. The
weatber Is still wet over portions of tbs
belt.
Our traveling man wtrea from Beevllle,
ex.: "Richmond, Wbarton, Victoria, Ree-
llle, splendid crop. South Texas will make
25 per cent more than last year; crop al-
ready made In this section; no boll weevil
Picking general with good weatber; see
Indicate* partly
cloudy weather with occasional showers for
all sections.
The western forecast Indlcatea partly
cloudy weather tonight for Louisiana, and
scattered ahowera tomorrow. For Arkan
sas and the territories and southern Tex
as, partly cloady weather tonight and Fri
day. Shower! for nortbern Texas.
MOVEMENT COVERS
A NARROW RANGE
Sew York. July , 19.—The Sun
“Price* declined slightly. By turn* they
advnnced nnd declined, but the tnovemeut
wa* within Tery nnrrow ttounri* A good
000 to 13,000,000 bales,
tn the *e*non to i«*ue estimate*, do not
ntrike them os being too large. Very many
promising. They contend that a dry June
uua ik cci mill i4jiiiic8ia.c, *«» ii nun
enough to offset the Indisputable fact tbai
the size of the crop cannot lie determlnet
IU 1H5 Bt'llIIMI, Ull IUB CUIIUIUJ,
wenther during the next month
week*, A bJg consumption demands a big
crop, nnd no one, not eren the most san
gulne bear, guestlona the fact that th*
consumption during the coming year la go
Ing to he very largo. But while tome o
he l»ear* themsolve® concede this, the;
naUt that the vlalblo and Invlaible wll.
k» sufficiently large to meet their require
ment*. Very few, however, are di*po*ed
to take the aggressive on the short aide
any more than they nre on th® long. V
rains were reported In tho eastern
and there wa* a cloudbnrst in Houthern
Texas. Bulls insist that the*® cannot be
regarded ns bqneflcial. Local shorts
.juylng orders. The sttltude of the
great majority of the trade Is still a wait
ing one. Men may dogmatize aliout this
or that, but the tact remains that nine out
of ten are more disposed to watch devcl
& Clay.
he market.”—Glbert
WARE & LELAND’S
DAILY COTTON LETTER.
PNew Tork, July IS.—It wee another eaae
of too much rain In the United Htntre. The
precipitation ranged from a fraction of an
Inch to over two Inches In many placet, and
basrara^ map failed to ho|d out hotraa
.earing wenther. aborts lie.
............ . lees nervous. On the rise,
there waa the nanal selling by thoee who
bought nt lower pricee. But the buying
Urea persistent anil carried prices hack to
the high level of the week. There was a,
general feeling that the exewaive rainfall
during the last few weeks wilt lead to a
crop deterioration In the Aamtst figuresJ
and this prevented very much abort aelllnM
In fact, nomo are beginning to get one*
over the continued downpour In eectlol
week* or more, and should the August fig
ure* show e decline of two or three points
the comparison with 1904, the Urge crop
year, would be sneh as to Drayrnt very
much of n decline In prices. Unless clear
ing weather eemea very soon the short*
certain to result. The
majority ar* atlll agalnat the market,
but prices continue to creep nn and It will
require very aatlafaetory condition* to start
another reaction. The undertone seen
gain In strength.
GIBERT A CLAY'8 DAILY
COTTON LETTER
New Orleana, Jnly 19.-Uverp«)l closed
very Ann at an advance of from 2C4
point, while apot transectlona were eteeH-
lly maintained at 5,980 bales, 1 point up.
The Improvement In oiitlone wna canned l>y
compUUts of excessive mol,tore In the
Root been -states, sad aleo report* of some
damage bsvlng been done, bringing ebon
some fairly acllye baying. The unexpected
elrly active nujin*. turn onexpevieu
•ireugib of Liverpool, together with a con-
tlnaatlon of wet weather, was.largely re-
■possible for th> advance on the opening
of the local market. Pricee showed a far-
ther improrementwhen the more unstable
abort element beg*n_to ower’and non
trader* were
a turn. Our crop advlcee today from the
Interior have been, on. the whole, favorably
same locelltle* com,
rain, and reealtln*
oration, while
othera. notehly Sllaatoalppl. lodlcat* that
tta good ralna of the pa*t few days hare
been wry IraneficUl to the growing crop,
and thattbe plant baa made generally Vera
aatlafaetory progreaa dnrtsg the week
groaa 166; sale* none; ship- clear weatber
i: stock 1,957,
cS?wee thereto *r^!fyan7 wllrark raiTaed
by the recent rainy spells.
GIBERT & CLAY
" *■ ALABAMA *T.
STOCKS. BOHOL
COTTON. CRAIN.
corrECPROviaioNB
ATLANTA, OA.
Exebange-tNew Orlennt Cotton ^[ui'JJpSd^cSttou^A^eiatlon
LUcbSSKiN” Orleans ^ Cotton BarhsugA
MEMBERS
fHSS
. . Prirst*' Wires t« all
^•*•1 «nd Lonfl OitUnc® Tflcphont
TONE WAS HEM
IN EARLY TRADING
London Sold Stocks in Small
Way Through Arbi
trage Brokers.
ROOM TRADE BEARISH
Were Working to Bring Out
Long Stock at the
Lower Level.
In today'®
_ j p i pm -,
financial markets centered chiefly upon two
thin*®—what the Amalgamated Copper dl«
rectora wiuild do with the quarterly dlrlJ
h further the market!
unsettlement In Russian affairs.
___ Cop
per dividend meeting. It Wa* known, would
‘ *■" *' “ A " ft' “ *
. denllnga in the stock reflectcil the
Idea that-no inor^sse would be noted in
itbe rate, and that the effect might be
temporarily unfavorable for the security
market Abroad the markets were sgnlu
heavy. Russian bonds declined, sud the
er, and more or less pressure continued
during the first hour. Rot ><* was the
cose yesterday, no stocks were offered nt
the lower level, nnd efforts to cover against
short ssles quickly brought back prices to
where they started from.
New York, July 19.—In the stock market,
Aliening prices were about unchanged, the
ouly exceptions being Atchison nnd Ht.
Paul, which started unchan^ed^ but gained
%c In all, declining again. Declines extend
ed to 1 point In AnncondaN Amalgamated
started %i* lower. By the end of The first
five minutes of business, St. Paul bad lost
Its gain.
The market was generally heavy during
ding. Arbitrage brokers sold a
the early trading. Arbitrage brokers sold a
•mall amount of stocks for Ixmdon, end
there was some pressure of stocks around
ittal sad
confined to the room tfaders, who had
turned to tho bear side and were working
to bring out long stock at lower level,
LONDON 8TOCK MARKET.
RTOCKB-
AICniBOn a, ** at «• .
Canndlan Pacific .. .. .. .
Chicago, Mil. Sc Ht. Paul.
Erie.. .. .. ... .. .. .
do preferred
Illinois Central
IiOiilsville A Nashville
New York Central
Pennsylvania
Rending .. .. .. .. •• ..
Houthern Pacific .. »
Union Pacific
union iniTiic .. *•
United Htates Steel
do preferred .. ,
■D
I
ATLANTA MARKETS.
FRUIT8 AND PRODUCE.
RANGE OF NEW YORK STOCK MARKET
NOTES ON GRAIN
Amaigums ted Copper.. . r .................
Atlantic ('oast Line
|CI J ag|i l rev.
Crsej Bid lei's®.
Sugar Beflulng
Anscoii.i.i
American lei>oomotlv®..
do preferred
-sr
m
I'lCI I'rrctl. . I, .I ■ . icee.i.
American Smelting Refining
do preferred
Atchison
do preferred......
Amerlcau Cotton Oil...
Baltimore ami Ohio
Brooklyn Rapid Transit
Canadian Pacific..
\ nimumu i M' luc...................
Chicago ami X»rthwestern..
Chcsap5*ake and Ohio a.......
Colorado Fuel and Irou.
Central Iseather,
do preferred
l iiicngo and tlreat Western
Chicago, Milwaukee sud Ht. Paul
Delaware and Hmison
Distiller's Hecuritles
Erie
0M
_ do preferred
General Electric
Illinois Central.........
Amerlcau Ice Bccurltlea
Louisville and Nashville
Mexican Central
.T«n ,V4>. u/Ht*rlo*ind Weiterri!*.*M!.*!
National Lead...*
Northern Pacific..........
New York Central
Norfolk and Western.
'ennsylvanla
People's Gas
Pressed Hteel Car
do. preferred
Pacific Ms
Read
>ifc steei..!!!.’...*!!!!!!!.
United htates Uuliber
da preferred..' hm
Southern Pacific
Southern Hallway
do. preferred.
Hloss-Hheffleld
Teiinesgbe Cosl and Iron...... ...a,..,.,,.,...,..,..
Texas nnd Pacific
Union Pacific
United Htates Hteel
do. preferred
Vlrglnla-Carollna Chemlcnl
uo. preferred ...T.
Western Union
Wabash
do.
pwfeiwi!!!!!!!!!!!!!!!!!!!!!!!!!!;;;;;;;;;;;;:;;;!
sir 1
Wisconsin Central!
do. preferred
Total sales of stocks toiliiy S'tzTooo shares.
Pointers on Provisions.
RANGE OF THE COTTON MARKET
AT NEW YORK.
The following Is the range In cottoo
futures la New York ,
laser Previous
Open. Illsh. Low. Hoto Close. Close.
July ..10.32 10.23 10.15 10.15 10.1513 10.22-23
Aug .,10.23 10.31 10.2T 10.21 10.20-21 10.23-28
Oct
Nor .. 10.41 10..
Dec .tl0.48 If
Jan. ..10.54 1<
Feb
10.43 10.43 10.4
Uch -.10.84 io.8t ia.82 i6.*82 -10.8242 10i80-61
Closed steady.
AT NEW ORLEAN8.
, The following Is the range In cottoo
futures lu New Orlcnus today:
Last Prsvloiis
Open. High. Low- M*le, Close. Close.
July ..11.10 11.16 11.05 11.06 11.06
Aug ..10.76 10.79 10.74 10.74
Hep. ..10.53 10.56 10.60 10.60
Oct. ..10,38 10.43 10.36 10.36 10.36-i
Nov
::!S
..10,38
Dec. !!l0.40 io.45 10.87 l6!87 io!3748 io!s7-3s
Jnn. ..10.50 10.51 10.45 10.45 10.43 45 10.43-45
Private Wire to Ware A Lv1*n<1.
CMrapi, July 19.—Thorn arn varlnua rv
ports hm, nml In many liiitaarv* lilnvk
mat I* oonflrnmd. hat th. batter Informrat
*ay no ri.nian of miura.iu.nr., nml “
troahl. likely to art*, with t.uiptrature*
■t ptMent.
Pe*r»y I* oelllna r lot of wheat; aoi
a*> he 1* huyluk* In Mlnnenpoll*, too.
Htreuyth In Northwe.t I* tb. k-uhlliu hand
now. and It I* aer.ral lar*a op.
n-ator* bnlllna It.
Underatand that thm I* a vary bulllah
ihl. here nu wheat iltuatlon.
0*f» firm. Home baring at opening by
and around
hnu,e* *eem
llfht.
Private Wlr.‘to (lllrart A Plar,
t'hlenyn. July 19.—MtnuM*|mll«
■ nd Canadian .........
line weatber. Retrarta
that Mark ruat not apreadlnE.
There serin* to lie munlderable wheat
for mlr.
Corn wa* Influeneed by wheat atranfth.
Kearhy nmntba atmnaer than the new crop
6 itnre«, a, the weather la Bno fur tha crop,
ra-elpta ll*ht.
Oat* openml higher with wheat. Ree.lv-
■ honw. were lx
■.altered.
town. H. t)„ and H.naon, Minn. Althouah
the people who melted the aamplra aa-
■rartml that thla wa* nothing alarming In
the Mark mat iltuatlon, unlrM the weather
■hnuld harem, favorable fur It. th. wheat
trad, did not view th. matter M com-
view the matter an enm-
plsccntlv. Wheat, however, Is so far ad*
vnnred that rust hn* got to get lu Its work
and followed the market
pelting the trade with all the w
tlmt It would tHke. Mlnneepolls
■■■■■ rust hNPMIIIMHp
pretty fast to spoil much wheat. lu Ronth
Dakota It Is In the early stages of dough,
nl another week or ten days of fall
wwittyr win put It oil «
rust. Minneapolis mills
of do tiger of
»s In
creased thslr flour output
1W,576 In 1906. This week, with seventeen
mills In operation, the production Is tikely
to approach vn.m barrels. Omaha reported
nppr.t;uh 285,«» barrel*. Omaha report ed
ne heavy rains and claiming damage to
set In the shock.
.I'oor yields of oste
wheat ...
1‘oor yields of oste are t«lng reported by
threshers in many parts of central
and Houthern Illinois.
Chicago, July 19,—Inter Ocean: Black
rest has been again discovered In the
Northwest. The sir la full of black ruat
jnlcrohes. The experimental station at
Mluneapolls set* out plates filled with water
over night, and In the morning black ruat
appeared In all of them, showing that
black rust is in the air.
J. D. Kirk, of Watertown, H. D., who
as the first mnn to discorer black ruat
..Vo year* ago, haa found It again. Ile
any* there la hlaek ruat all along the Chi
cago and Northwestern line from Water-
town to Brookings. lie says that the blue
stem wheat around Watertown Is done
fnr, nnd claims that conditions nre worse
than two years ago on July 39, and July 25
the crop was klfiedj
If. V.'Jones, the Minneapolis crop expert,
Is no black rust In Houth I>n-
Feb ..... 10.48-50 10.
Mch ..10.33 10.64 10.63 10.34 10.63-58 10.
Closed steady.
TIPS PLASHED
From Wall StrooL
Private Wire to Glbert St Clay.
Now York, July 19.-Dnnfel Odell * Co.
The atock market displays a narrowing
tendency. Tho outlook for today favors
irregularity. There was not much stock
out yesterday. The market become dull
on declines. On any weak spots today wo
believe purchase for a turn may lie raudo.
Lemons $5.10 to $5.60.
Lime* GO to 75c.
1'eachcs. per crate. *1 to $1.50.
peaches, per crate, n
Pineapples $2 to 82.50. . M .
Bananas, straights, »•-• bunch $1.60 to
$1.75. Culls, per bunt-n, n to $1.25.
Watermelon!, $7.50 to $30.00 per 100; de.
POULTRY AND COUNTRY PRODUCE.-
,ve taeaa 25 to 37Hc: fnea 22V9 to 25c:
broUers IS .to 22ftc. I*lye ducks. Pakln 2)
puddle 2V
Dressed bens, per H
Die, uer n u •
1254c. to Vie.
2254c; cook
lb.; In Mb. rack, 10
VKOBTAOLK8.—Irlah potnttraa. No.
itock 14 l>arr»l; No. 2 altyk 81.50.
Tomato**, lH'f crate. $1 to 81.10.
Corn, new, 10 to 1254c J*r dossn.
Old sweet
new sweat |
Cherries,
potatoes, per bnabel, 21
K tutors J1.50 buabsl.
quart crate, 21.80 to
. 21 to 21.25;
21.75.
•wherriss 10 to lltsc quart.
FLOUR. GRAIN. PROVISIONS.
FLOlIIt.-1'ostels Ulrgant 24.10; Diamond
patsut 25.76; fancy patent 24.86; half patent
24.18 to M.15; i-«*y 2L90; spring wheat
'"roitN.-Choh-e red cob 78c; No. 2
74c; No. 2 yellow 75c; mixed 72c.
OATH—Choice while clipped. Me;
whits, 50c; cbolc* mixed. 49c; Texas rtmi
proof, —
pH
MEAL.—Plain .water
„. 1404b. jll't4. r0 p .
borts, white, JI.S0: medlnm, St.K; brown,
2LI0; pure bran, 21.2U; mixed nraa, 81.15.
IIAyT— 1 Timothy, chides larxs balls, 11.10;
do., choice small Hsls* 81.11; do.. No. 1
timothy
clorer n
*°r. ; I.OVF,n.-Cholee lOe.
The above prices nre f. o. b. Atlanta, and
subject to lrainedlatj^*regnjanc*.
.. _» bag® or U
12c. Market wesk.
RICH.—Carolina 4ft to 7He, according to
*CHEES^FsacV'Ll*‘ctsobi dslry. l«Hc;
twins 14c; brick, 14c. Market strong.
PBOVIRIONH.—ttaprem* banu 15c. Don
tms 1554c. California bams 1054c; Red Crow
■ms 15c. Dry salt extra ribs 10.09; bellies
16 lbs. 10.71; fat Jrack. 154; Janies 554.
rSf/7 ' ompound
plat
We.
i 754.
STOCKS AND BONDS.
Rid. Aaked.
Oeorgla 454«, It IS
|
„ Georgia
second Income.
third Incom..®...
Georgia
W«t Point’Debti; M7
•gla first Income
170
PRICE CURRENT CROP REPORT.
ClnclnnatL 0„ Jnly 19.—Winter
geld above eipectatfonn
^^mrtlng ^ood progee^wlt^ootm^
eneonraglng. Oats Improved and uitu-li Irat
ter than expected. May abort Packing 450,
800, agalnat 290.000 a year ago.
THE METAL MARKET.
higher doe to Ibe (Inner tendency la the
A reliable and conservative member of
the atock exchango says he knows Union
Parlflc will Increase to 7 per cent. Tho
stock does not act like It, but It will do to
tlmmry tendency from any
conceded that tho market
now,
mind ar*....
aide will IMLJm spocially attractive during
the next few week* Tbs opinion of con
servative Intereata on both sides Is that:
the tendenry will be toward a higher range
of prices. It seems to Ira extracted that
daring the next few days prices will re
cede n llttlo further. Before the opening
the general Hat. The net reanlt, however,
waa an average decline of about 1 per cent
for the active atock*. Men who watched
the transaction* yoterday *ay that the ac
tive stocks displayed greater reslatanc* than
for some time track. It I* expected that
another drtro will Ira made at the market
■IS®MOT®P®M®SMBM®b*4 to
day. The Impression preralla strongly thla
morning in well Informed circle* that the
Amalgamated director* woald not lucre***
the quarterly dividend eieept In the oenae
of making the rate 184 per cent regular In
stead of, as at the declaration heretofore,
Private Wire to War* A Leiand.
Chicago, July 19.—Rank of England rat*
unchanged. London ateady.
Any advance In wheat will
Railroad earnings continue to Increase.
Industrials all running full blast, but It
la douhtfnl If there will be any increase
In Copper dividend.
narner.
Bullish talk Is heard on Norfolk and West-
irn, Chesapeake and Ohio, Atehlaon, Mia-
tonrl Parlllc, Nickel Plate, Hteel preferred
stock market
bnalneaa. Henllment here le so universally
heatlah and the abort Interrat *o large that
a aulratantlal rally under the leadeMM
abort interest
a aulratantlal rally under the Icadei
Ht. Paul would not be aurprielng.
Conanls off 6d6d.
Russian bonds made a new low record.
American stock* In London ateady at
■bout parity.
Rank of England rale unchanged.
Fourteen roads fnr tb* oscond week In
July show nn average grnse Increaee of
16.59 per cent.
Ilond demand for storks In loan crowd,
Iron and steel reports thow firmer tern
icy of pig Iron prices.
Hanks hare gained largely from euhlreae.
ury, hut thla
the
Bid
bonds
wTtr
bn opened
beoi£7 by payment of
. Jnnient deposits,
.oon panama canal
Brooklyn Rapid Transit carried last fiscal
Crip report* along Ht. FanI show con-
dltloita good.
Amalgamated Copper directors meet to-
T®
SOUTHERN EXCHANGE
Oldest Established Offlco South.
COTTON STOCKS BONOS GRAIN
Ground Floor Ooutd Building. Dally
market letter and market manual
mailed on application.
L. J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, 6BAIN
Gorrespoodant's Capital $250,000
RcrcacNcr, the neal bank
PHONC MfT. PRUDENTIAL BLDG
HUBBARD BROS & CO., iSis
Atlanta Offices, 219-221 Century Building.
Members New York Cotton Exchange, New Or
leans Cotton Exchange ( Liverpool Cotton Asso*
‘ ^ ' idr^* “
ciatlon, Chicago Board of Trade, New York Cof
fee Exchange, New York Produce Exchange.
Business solicited for the above exchanges.
Direct wire service. Correspondence Invited.
Phones 454, Long Distance 39. A.S. Huatace. Mgr.
-*Sf3vw[%iOVISl
iiBnS,Stocks? bonds,
Stir Orleans.
cotton; <;h
Mo. 2 WaH St., Petert Balldlag. Atlanta. Ca.
WtMBUtS:
Hew fork Cation luhanqe. Chicago Board of Trade.
Mew Orleans Cotton litharge. C0k*o# Ittbaage.
Liverpool Cotton Association. Mew fork Coffee taebanti.
Prirate Wires to Mew York. Mew Orleans. Chicago. B. C COtMAAH. Manager.
— y*,
(.Nfiw.ll<2.
S'.rd.rd Phot*. 228.
ear. there ..
kola, end th* crop will
In ■ week. Armmd Witter town the crop
will go 20 hnehels per sere.
Jsmee A. Fatten, of Chicago, who was In
Minneapolis yesterday, hs* started for Wa
tertown, H. D„ to make s personal Inves
tigation of th* crop conditions.
Whalen, of Minneapolis, Mtys: "Crops *tf
flue. Even If w* do have black rust It
..’III Ira too Isle to do damage."
Til* eeslmard reported I.OOrOOO linshels of
wbest eold for export or, 1* loads. It In
cluded business *t the Atlantic and gnlf
ports, tint export honaes at New Tork were
not nhl* to confirm over 20 load*, or 220,000
liindiol*. declaring that th* other liuelness
ws* simply trading helw*cn exporter* c. L
Str<
Opened "Wlieat
Tone at a Half Cent
Advance.
CAUGHT STOP ORDERS
Covering by Shorts nnd Fa
vorable Map Wero Addi
tional Bullish Factors.
Dy Private leased Wire.
Chicago, July It—The talant In tvh-i
wan whipped In board of trad* vei
nacular. It bought early,' an<L on th
hard apota, too, on black ruat repori
from th* northwoat, Tha latter ecctl’j
ndv
jtorts wore occaptad In good fnlth c.i
but thay war* doubtad late.
Ing prices showed wheat l-tOl-tc
■ tha
for tha day, bu£'/-f«vtff from boat prfen
of morning. iTorn 1-2422-4.- In war and j
oats 7-tOlo lower. Provisions wars
Irregular, with July pork up 90c.
Coarse grains cams out In chunks
late.
Argentine expects to ship 1,200,000
bushels wheat and 2,800,000 corn this
week, compared with 2,240,000 and 3,-
781,000, respectively, a year ago.
Cash aalea 30 loads wheat for ex
tort, Including 10 loade No. I red win-
Primary recelpta new wheat were
emaller than Wedneaday at 999,108,
against 783,000 a year ago.
Com 840,000; a year ngo, 379,00b
Clearances ware 40,722 wheat. 168,-
000 flour and 40 bushele oats.
CHICAGO DRAIN MARKET.
High. how. Close, Close.
Dec...... »
CORN—
>■:
•wl
Svri R
4554 4544 4954
5*
•554
IN
OATS—
B*
July.. 19.15 15.90 19.15 19.90
Kept... 17.47)4 17.71 17.4754 17.00
Jen... 14.9754 14.9754 14.90 14.90
LARD—
f. nuffsio.
I hnehels
lielnn made tin nr l‘»fl winter rn
‘ I 148.000 builicle n
?n54<- fnr Angnd
, -ery much wnrkei
np over thee* renorte laet nlxht nnd with
mmmmMmNBNIlMMW* onrb e dr* it red
« n*f oenrr the illnnmiinll. rvrb edn
in. Now Turk 54e and Bt-.Umla 54e.
The essh bnilnese In Chicago ws* 75.fnO
bushels Nn. 1 hard tn M*t«ra mills and
40.000 bushel* mixed loll.
% nf corn "were 250,000 IntsheU and
,000 htnhele.
LIVERPOOL DRAIN MARKET.
Whe*t niranetl t',e blgber; 1 :X0 pm. 54® to
changed; dosed 54c
NORTHWEST CARS.
Th* following figure* give Ibe northwest
■n today, last ‘‘ V1 '
week and last year:
9.05
9.10
S'::: H
HIDES-
m if m n a
CASH \vilRAT_
No. i red
PUPIViP,. No. 3 do 758279: No. 2
herd winter 7Hg7l54: No. 3 do 778r775ji: No.
i norlhern eprlng 50081; No. 2 do Tl'iiO; Nu,
I do 780271.
COTTON 8EED OIL MARKET.
New York, July 19.—Trading In the
Itliere was eomparatlreiy little oil _ I
nnd prtees were allgblly litgti-e Ihsu Tu
dny’* 6n*l. The near by mltlons rtmil
to show the most etrenitlb. wltb eu'->
tlsl support from strong Interest*, and
remlume ere mo high
, there Is little dlepne
rlake nn the ehnrt ■!•
M are ferorshle. nml a
amount Of new oil I* expected
(ember delivery. Exports ebo
teregt In the mnrket. IHcee
were unchanged to 54c high
Lelaud. ■
m
Un
JWSte. ..
RntMUMT.,
Ortobsr. . •*
.YIITFIIIlirru *s S
btembtr
Closrd atrmly.
SB
2tK>TrKft
CENTRAL BANKS TRUST CORPORATION,
CAPITAL $500,000.00
If you contemplate opening a now accounL or changing your preaent
banking nrrangcmenL and wluh to connect yourself with a strong, conserv
ative bank, fully equipped to eervoyou ns your business Jistlfle*. wo
Invite you to call and talk the matter over wltb us.
Asa Q. Candler, President.
W. H. Patterson, Vlo*-Pr*«ldenL A. P. Coles, Cashier.
John 8. Owens, Vloe-Presldsnt Wm. D. Owens. Aeet Cashier.
ATLANTA NATIONAL BANK '
ATLANTA. CA.
C. E. CURRIER, PrtsIdenL A. E. THORNTON, Vlce-Preeident.
H. T. INMAN, vloe-PresIdent. GEO. R. DONOVAN, Caehler.
JAMES 8. FLOYD, Aet’t Cashier.
Capital $500,000.00
Surplus and Undivided Profits $500,000.00
We Solicit Your Patronage.
J
WM. L PEEL. President.
ROBT. F. MADDOX. Vlc^Pra®.
MADD0X-RUCKER BANKING CO.
CAPITAL $200,000.00
SURPLUS AND PROFITS .... $500,000.00
ACCOUNTS INVITED
We invite accounts of individuals, corporations, banks
and bnnkere and offer the best terms consistent with
conservative hanking.
In our Savings Department we allow Interest at the Hate ot 3 1-3 p®r
cent. Compounded Semi-Annually.