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

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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.