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■ ■ THE ATLANTA OEOROTAY. FRIDAY. .iri.v 11 edited bv / JOSEPH B. LIVELY! THE GEORGIAN’S RECORD OF MARKETS AND FINANCE Llral/'a 25 rmm' experlen^o S market* In Atlanta ami h hm$ ma.l# him n r#c- tutliorltj’ la bln spcclaltf. I Caused Some Selling of Cot ton in the Early Morn ing Session. SMALL DECLINE JIADE NEWS AND GOSSIP Of the Fleecy Staple. July Was Weakest and Sold Down to Ten Cents. Other Mouths Steady. n, cotton market opened barely steady ,t i decline of J6< points this morning, EoWi trsfl more then n response to the Mint Ileellne In i... wpro con yofclin adrJces wero connldered lienr- J. there bring rumors of flnnnclnl trou- Sr. In bondoe, In addition to the weak' In the Liverpool cotton market. divot «|A there were rety light at 6,000 hales I it * decline of 4 point*. Futures closed &( noinf* lower. ■■■ 1 wire wo* recelTCfl hy one of the local .t.tlnw th*t “ITittfi* .Mil Trirste Wire to Wore A Inland New \ork, July 20,-The market opened with South spy, BchUl a big seller, but local talent covered shorts ou decline. JASSSZ* cable: "Market affected un tfe^i dlfflcnl Lo 2 d °. ll » !»ut absolutely not com ■hui’ kmi* quotaflotl'. ^ ““ «•» »f »'<*• Uverpool futtirea opened > to 4 down. B-J* * I® 7 down and ea,y. Dales. (,»» to%* diwnT" “ e 07 ' Uu “ '* «•>***« about to&r " 11,0,1 b,ddln * 1MI« for 10,000 Oe- 9*5**} olfrrlng 8,000 October at 10.Hr. wt * k| J crop report: "Our npvet reliable end cmiscrrnttre correspond* enta In Boutbmat llluonrl, Arkansas and ns liP^T 011 ?l' b ' territory ndrtsc general and some- 31“* 1?? .5 *' rr , d S r,n f. l** ,t acven i!? r £,„2w the uplands tHla baa really I icon 2rfii’*™ff.*' b E* l »'loi>l lauds nnturnlly Th.r.*?! w ,hould , »et weather continue. ?° < V J .** tlon about the plant look- Ing well, but It become! entirely too elonpy ft,Jjoopooafolly wlthstnud very hot weather d.'!5!'* f '.^," hould b ™ty ratne con f “. ue 7>..' v . thle condition extntn, there la nothing alvaolutely alarming, aa the crop “ worked out. No materiel coni. plaints about grass, and the weed Is grow* 'P*, feat end fruiting well. Dry weather 3®"* ' b « "”t ten days and normal inn. shine can only rcaolt In Improving the fa vorable conditions ludlcntrd in former porta. I ^ tvtr notices have been Issued, but the market seta aa If .they had bean stopped, The i wek is shout 45,000 hales. I 'llsnchester cables: “The demand for C 0 In 1 JjJl? 1 ***** Buelness in yarns Is very STOCKS TURNED Many Stocks Slade Material Advances in the First Trading. BUYING WAS HEAVY Brokers at Times Crowded Over Each Other Execute Orders. to skew mrk. July 23.—The strong p» tlon Into which the innrkct lin* worked a result of the recent liquidation find short d,iy. . . . elgn uinrket*. Bosslsn bontfs felt vio. amount of cotton Into sight tbls lently again and the dincount on the new . .1— - llunslnn loan In Immlon rose with oo.unl rapidity. Bales by fh»‘ underwriters who dta not care to mnke the Impending pat- RANGE OF NEW YORK STOCK MARKET Anneouda American do pre ed Copper im»t Line MIAMI' R-'fl It do prefer .s'meltlng Jtertnlng AtrtlS— do preferred A in i It a n Colton OH Baltimore and Ohio Brooklyn Itnpbl Transit Chicago i Chesnpcnke i ul Ohio Colorado Fuel and Irou. Ceutrnl Leather Jo preferred Chicago slid OfMt Western. Cbleng... Milwaukee ami Bt. Paul Delaware and Hudson.. IdHtlller's Securities.... Crl do preferred !!!!!!!!!»*., Electric..... llllnota Central Amerlcnn Ice Si'eurltles Loulsrllle and Nnshrllle.,...... Mexican Cell mil Missouri Pnrlflc New York, Ontario and Western....... Niillnii.il Lead Northern 1'nclfie. CS hi the market tome. uneasiness over jy financial situation In London; that the wtier hn* beeu flnnly adjusted does not 1 iu Ilkelr. although report* line© It that impending disaster 1ms been bridged I #rir temporarily/' Indications of clearing weather was nlso in nilverse Influence on prices; bnt un* *er this bearish array, cotton was steady, iml the decline after opening, with tho ex* (Mtinti of July, which sola down to 10c, vii insignificant, and was recovered *~ prtft lostiiijcr* liefore midday. I lu night for the week, according to 8n* MtatnSent King. 4J.1W. apln.t lw 90J la.f I par. For season 10,779,333, against 13,158, Marlhail. Spader k Co. take « rosy view •f the situation, in the following review Writs Wire to Gibert & Clar. New_York, July_ 20. r Ltverpnol at 11:1 ment on the second installment of the loan were accountable fof the latter move ment. The London departments were also Was dne come shoot Norden sold the market. Wilson bid 10.82c for 10,000 October. Journal of Commerce says: “The most talked ef feature of the market for the day waa the continued demand for heavy good, for domestic consumption. Rome erent, nre eipreotng the Iden thnt there will lie demend enough In the next few week, to pfeee ell quettlon of condltlbu. In tbls dlvlilcm elide, end the recent ed voncej urn token ee proof of the .tote- ment that tho bottom boo been reached for Him " depressed by a further exhibition of weak upm In the Kaffir mining shares. VtuW this circumstance It was not surprising that the American Hat should hare nillftl to follow up yesterday’s late Improvement hero. American stock* c*tue In over the cable it trifle lower, and the local mnrket started off somewhat unevenly. But 1m- medlAtelv the heavy buying which had efh and Union Taelflc and Pennsylvania was resumed and prices wero carried up swiftly all through tho market. Trndluj hy that time the gains extended from 1 to .,1*1 lllv'l II I At 1 Mi' ..........f.............. New York Central Norfolk and Western IVnusylvanta People'* Gas Pressed Rtnel Car.. do. preferred. rad Ac Mall Heading Keputdlr Steel Hi**k Inland d«i jircfrrrcd United Staton llubber... do. preferred Southern Pacific............ Southern Railway,,,,,,*.,,.,.....,.,.,,.. do. preferred.....,,,,,. Sloan Sheffield Tennesspo Coni nnd Iron..... Texas and Paclflc..,,, Union Pacific United States Steel.... do. preferred VI rg! nla -Ca roll mi Chemical ill* pivfel red Western Union Wabash do. preferred Wisconsin Central.., •I" pi - f* i I 'mI Total sales of stocks today, 658,$Q0 share*. h Low i LTy irn M % m S' NOTES ON GRAIN Pointers on Provisions. WHEAT OPENED I’rivsfe Wire fo Were'A belli rut. | Chlcego, Jul/ fO.—i'sblca nrc not nltecil.e of iiuv wrlnoe imuble ebrneiL Uie weather Huai a*'area will he lunkNi fur sail will have * tcudeiic. tn caaee a rather er ratic market. The undertone to wheat la nut weak, and a little new aperulntlnn, which la bound tn enme un the bull elite, would give He a good market; hear? re keep mar- would give tia a good market; eelpta fuf time lielng likely to I ket from’ruuntng away. Wheat acted very weak yeaterdsy and arkef today, fthrk Lower Cables aud a Lower ^farket in the North west Main Factors. expect to aee a lower marl . _ ruat aeema to have done Uttle or no dam- ag ao far. There baa been a lot very quiet buying going on In wheat all morning, l-oolta TVrkTTr'KTk OITT T TVT-t like aoma of the erllen of Itnee around liNUULiiiLl tbELLtlNG tlraln Cotiipany and laainsoti beat liuy- era Heptember. Helling inoetly hy com- rolaalou houaea. lug of November houaea. lemka aa though they wa-re Iraylng November end aetllng Heptember to efuee. Oftan^^ni^^lOT aalea of wheat at tho gulf yeeterday wti - X( , w - • — - 1D.00O hweatern people are aaiea or wnrat at tno gull 144.000 huahela wheat, at Imahela No. 3 red and 1 ether wheat, Northweai Trading Was Light After the Opening and Fluctu- The axport ations Were Narrow. "fiS aald to bo nut nt the market aa aellera, and tddl at the seaboard were 444/lc out of line. A. charter waa mads it New York for Mediterranean ports. At Chicago aalea of wheat were 10,000 huabela No. ! bard: alao 175,000 hnshela corn noil U,0M wtta. Charlera were made fur 40,000 wheat at ' to Iludaln and 175,000 corn at lHWIUri. latter for loading away up lu the aouth l*tc to Buffalo and i he latter for loadlt_ "wmJdworth. of Mlnneapolla, In _ •aae aara: “They, have lirgnn to barveat the largeat crop of oata ever ralaetl In tho uorthweat," Other meaugea reported the cutting of oata commeucod at l'arker, R. I*. The uorthweat wild oata here nn the bulge. Itcil met nnd patehra of hlaek ruaj L._ •aid to exist around Valley Clfr, S, n. Wetaon, Mlnneapolla, aaya: "Our reporta thla morning are ahanlutely perfeet, and we nuilit to kunw, aa we have two men By rrlvate te-naed Wire. Chleago. duly »—(train hulla wrre forced Into a raar aeat. They held the verloua market# Jn their hand, up to n in, hour, aud they were then quick to ... their mletako. Cloelng price, amoved -<-. 'Sn,i b v^ “ lower. -. HV In femg grain eama nut In proru the bulla hacked an.y from It, like a eolt harking away __ log locomotive. It waa a day when hara facta ruled. Jamee A. rattan trcbnlenll.v. lx In great ahape for a rlae. Crope every where lu thla country look wo I, uni they nre reported to be conaldorobly I ihort nhrond. t.'otton biislncsn never him I lern Mter. unit It lonkn na If wo would mirkrt uny alxe crop at from 10c up. The mracy we receive from our exports abould of our money situation here. I Earnlmte ire na gornl or better than ever, and tile ateel business I, ngnln on tbo I nifiul reelnilcally; I And a sold out mnr- Now down Is very poor, lower. Bud foreign news nnd a favorable map are Inciting considerable bearish activity. Today’s map la excellent-clear and dry lu the Atlantles nnd showery In the cen tral portions of the lielt. nnd with fairly heavy rain at Taylor end Oalreaton. Uverpool cables: "Market declined on rumoc tlnam-lnl trouble In lx>ndon, bat ' contradicted now,” New York aoljj the mnrket heavily here ntornreted na favorable, nuil the ncute de pression In tbe British capital nns little uudrrstood. After tbe Drat few minutes ■ Panama, of the raiiy at Winona, Minn., aaya: "Thla la the mint where they reported blark ruat was 'Mind. Nn Mark ruat at Winona. Do think there are fin acree In wl rounty. Very little wheat al •ellrr of wheat on what ha kuon crop conditions. The bulla tried to stem the tide lu cor •lid the same conditions eilatc.) la nut but receipt# of two car# new of the la ter grain waa loo much for lha long, t'learancoa from tha seaboard for tt week I.Ma.000 wheat and W7,wo corn, ron pared with 701,000 and 1.1*3,bro, rcspectlv M7J* ago. Whoat 1.1M.OOO RANGE OF THE COTTON MARKET lonua. Do not wheat In thla at St. Paul. reports of red ruat on the Winona nnd St. Paul railroad, which ex- tends from Winona to Watertown, 8, D. doing west tomorrow noon." niiii *«i|Wa', R|niiiii an apectlvely, a yaar cio. against 514,000 and ilt.000, There are CHICAGO GRAIN MARKET. the AT NEW'YORK. thla morning. id Price Brokers supporting the Receipts at I Ihimuctiin. -’1.535, again at 31,078 last yeorj | itock... 133,793, ngntnat 1M.57S Inst year, mm Itceelpta nt 30 towns, 10.973, against 50,m ]s.l rear: shipments, 33.311, against 71,6 - hot year; stocks, 100,530, against 1(5,134 Underatam. market In New York In nn attempt to rally prices. I/OCSI bulls are attempting tn rally the market, hut weather conditions show a decided Improremcut nnd mnrket looks sole again. The western forecast Indicates generally year. SPOT COT1 ON MARKET. Atlanta; utendy at Ho. Nmt York; *t«»ndj at He; delivered on con* trart loo. Ntjr Orlonni; qnlet at 1015*16c; . «ale». E art cloudjr with probable ahowera. ™ anaaa nnnettled weather with probable aenttered ahowera Satunlay; ftenerallv Xalr for the torrltorlea nnd Weatern Teji*; partly cloudy for Knntern Texas. Ifronf. □After a weak opening, tht market r.id- Elcnly became stronf, and before the enar of the first hour prices for msny stocks had made material advances, aoma or them to the. highest range experienced In week*. I Buying orders esme In the room In |uch volume that brokers st times crowded over each other to execute them. Tho room| traders toward the end of the first hour sold stocks ou sn Idea that the adrancu I had gone far enough, but tbero was in supply from any other source. Bo far, AT NEW ORLEAN8, Previous The following Is the rings In cotton -fore the end futures In New York tedav: .... Illsb, Low. Bale Oo«e. July ..16.00 11.00 10.00 11.07 11.08-00 10.15*11 Aug ,.10.13 10.19 10.13 10.16 10.16*10 10.30*31 Bep ..10.27 lft.CT 10.3 10.27 10.20-27 10.30-31 Oct. ..10.33 10.34 10.29 10.33 10.J2-JI 10.38-80 The following Is the range In cotton futures lu New Orlesus today: Lost Previous * . Otien. I* 0 "- nose. Ulnaa. July ,.11.05 11.06 11.00 11.06 11.03-06 11.06 Aug ..10.70 10.70 10.66 lv.66 10.A7-60 10.17*24 - - — ’"52 s —ii 8**^ •'&*> io’ii i6M iaH mS* 44 la'jsji d?c !.‘jo!4i io.'J? lo:*7 lS.'JS j|.40^i !o.4?3 pel»!.'i()!« iai4 io.Ht io.‘li io.nM Jan. ..10.45 10.45 10.41 10.45 10.44-45 10.61-52 Jarir ,.10.» 10.40 10.35 10.35 10.37-38 10,43-46 wGP* 0 * Close, Close. WHBAT— tii 8 a I is fe C E Si SI i 8nrsOMMP| If PI: nellvered on contract 100. Liverpool; steady at 6.07(1. Anfustn; quiet.at 10*;<’. 8f. Louis; quiet at 11c: sales 174. Smnush; steady at lOHc; sales 643. L. J. ANDERSON & CO/S DAILY COTTON LETTER. about 26,000 shares have been sold In this market for London account. The room was full of bull talk on Southern l‘n< rifle. (Jenorni comment was that the buy ing nil through tbe list was far better than the selling. .Governments unchanged. rmi .. I.,, * wwii tv.um-u Nov ..10.65 10.67 19.62 10.67 10.64 56 10.62-53 Closed steady. HI45-47 10.52-64 Fab ...... ..... ..... ..... 10.42*44 10 4' Mch . ,10.62 10.13 10.61 loi2 10.4W0 10.W Closed barely steady. Other bonds firm. LIVERPOOL COTTON MARKET, ip<>t quiet, with prices easier; middling upland* 6.07: sale* 6,000: American 4400; •peculation nnd export 600; receipts 6,000; Amerlcnn 100. Future* opened easier. opening . Previous Range. Close. Close. ...SJ44.S3 6.32 6.88 ...5.82-6.79 6.79-6.60 6.816.1 .B.^-6.71 5.7J4.T2 6.77-5.1 . *5.54-6.52 l‘?4.83* 6.57-5.S8 .6.11 5.61 6.56-6.67 . .6.13 6.61 6.65-5.67 .6.54-6.53 6.52 6.57-5.51 5.54 6.59 . .6.57 5.56-6.65 5.71 I lulpAugust.. . Ang. Sept.. . . •nt.-Oet Opt.-Nov Nov.-IIm 1 .. . . rVc.lnn,, . , Jxn.-F.lt I Frii.-llsrch,. . Much April. . . Cl'.'l.'l It.ally. Netv York, July 20.—Foreign cables were weak this morning, nnd together with better weather forecasts for the belt, caused an easier tone to the New York market. Our market opened 8 to 7 points down and continued under preesure up to noon. There teemed to be quite a large lot of cotton for eale, with 'but few takers. While there wae some activity from the bears, the dtepokltlon was not to he aggressive, the bulk of the trade seeming content go hold off and await developments. Crop reports continue mixed, but sentiment on the floor ap pears to be against the market, tt being the general belief that the crop la pro gressing nicely In most localities. On the other hand, the bulla claim that should hot, dry weather follow the recent rains, the sappy condition rf. the plant will cause It to shed badly. LONDON STOCK MARKET. TIPS FLASHED From Wall 8 treat. EARLY ADVANCE WAS WIPED OUT Anaconda. Atchison (,'snnillnu Pacific. x;annuinu rsciuc., .. . ...... tlblc.. Mil. and Bt. Paul.... Eric do, preferred ,, Uliiol, Central ... . .. .oitlsrllln aud Nashville ’ennsyiraola leading Smith.Til l’nclflc Hulun Paclflc United Htnte, Steel preferred IMD W Tljr CIo.1 m; WARE & LELAND’8 DAILY COTTON LETTER. TODAY’S PORT RECEIPTS. >wn uiirsua, ,**iy •*.—ajsiiitou bviiiiuiiui wee Incrcaeed today by better wentber nnd by rcuortn from South Toxns thnt new balen were nupeurlua nt tunny points. Tbls more than bolincd telegrams from tbe Prlrste Wire to Gllu-rt A Clny. New York, July J0.-I>anlel Odell A Co. While we caenot expect the stock market to Ignore tbe. civil wnr reports In Russia, which will give tbe bean a chance oa this rally to make an attack today, the market li cold one and liquidation ha* ap parently canned In volume for the preetht, and we would buy good ntocke again, an recommended yeeterday morning, when they nre weak for tnmn, maintaining the trad ing position, but preferring tbe long side. Marshall Spader A Co.: Today’s mnrkat wilt ba Influenced In eome degree hy the week'e movement of money, though news from Basel# will li, witched with the kccuest Interest In Itn refection on foreign Imoraea. The decline lu trmnola title morn ing wan rather greater than expecld, and caution In commltmenta l» advfnable. Watsermaun bought 1,(00 Pennsylvania! wants (,000 more. New York, Jmy The Bun aaya: tinned heavy ralna enit of the Mlssla- elppl, which aome Inelat are Injurious to the plant, . tlon hy the hull leader, and notWDHi corerin/r, caueed a rlae In next crop monfha for a time, though ther, wae e rencjlofxi toward the cloae. Sow of the reports fr ■ Texas Insist that the recent ralna havTl I been exceaslve, and there waa n certain amount of scattered buying on the rhance Private Wire to (ilhcrt A Clay. Chicago, July »—Wheat Is up on north west damage claims and likely to go Bonn: further. Feeling la friendly tn corn, Chicago Record Herald: Npenlallata In t irovlaloaa n««crt that tho market la allow- ng Ita artlflclallty moro dearly day by day. Baugh ribs anil dry salted menta of syery sort arc offered at vary low iirlroa July...* JJJA MU J4JA J4S barrel imlnt ycatcrday. Meanwhile, also, tho lending longs were trying quietly to sip nut of their holdings. The Kdiwelisrh- er estimate of stocks of product In Chi cago shown thnt supplies of lard and ribs arc steadily mounting upward and have already readied a respectable total. Black ruat waa an exceedingly live prop, nalllnn III .tho speculative market for per hapa a half hour after the opening of Ylisiigo yesterday, and waa a matter pf louht nbont ns much longer. Thereafter It speedily shrank In Importance. A large number of good cron reports worn re ceived from the Canadian Northwest. Tho following from Mcllcan, of Winnipeg, I a sample: “I have reports from over 70 stations and all say crens In excellent condition, Not a word of black mat In any of them,” l'OIIK— Jitly Kept... 17.(0 Jan.... H.N LARD— July... ..... kept... (.00 Oct.... (.Ofi BIDES- lllllll ,,1,1,4 «,,••,, I.I.9* }7.» 17.40 17.40 17." lO.M 14.(6 14.(0 14.9 iioiii a!io" *'.»o airs, 0.0JU I.9JH 8.97U »• wmmmma C’AHII 5V1IHAT— No, 2 raA 79J679S4: No. I do 7»®79; No. hard winter 77H®H^; No. I do 7»j477: No. nor thorny ring 79991; No. 3 do 79Q9>i fflrjmnus MODERN MILLER’S CROP REPORT. «*>t«™ i 1 ?' 1 b ? , ^. t I Orleans I Ihilvetton YoWle ... ... Mvnnnnh nwrlenton ... Wilmington ... .. Norfolk Mltlmore ... rhllnilHnhla ,,,****** Bruiunui ■ Npvptit-t Nows V. P*ni«coln Total ¥“ roturna Bt. Ixiuls, July . . R om the bard winter crop of eliraska show nn unusnally high average yield per lore, and an exceptionally heary teat weight per bnahel. Larger total yield, of wheat than were harreated last year are Indicated In both of theae atatea. De- llrerlea of grain by farmer, are deereaa- ■ rer a large part of the eoft winter country, and nre Increasing In bard winter wheat territory. trlcte orernlght. If therr la one thing that the bulla do not went It Is much new cutton In August. In aplte of tbe ratin' which, of courte. retard the opening Private Wire to Wars A 7<elat!d. New York, July ».-» la very evld.nt thnt aubatantlnl support la being extended to offset the oaf a vers Ida Influence In I/in will, report! of new bales and < becoming general crop up every day or ao lu_papers nnd lettera nnd dispatches from /Texas. On the opening prices were down In sympathy with very unfaaMMm Liverpool cables, a decline In the, immI market haying tieen Induced by Ing reports concerning 1/inilnn bank result of alnmpa In Bnaslnn acc EEigllah :90 p.m. Ing NEW YORK COFFEE. nfavorable I.lvcr- . alarm- | banka as a nmpa In Bnaalan aeeurltlea. da were down half a tailnt at ,r oi?^ pc,'ple C unking bullish on llarriman ^On^tha outlook for the bank atatement p,%Th^o,Tit teffTEtt ffi I Atlantic aabtlon , hare OUt there. Ilut Wall afreet's hears were again ■ailing, as were New Orleans and tha Hoatbi ^■partly tiecanse the Imllcnthuta, R^WMRtl^polnle.t to clearing waather ruat mf the Mississippi, and partly because very B xny decidedly favorable crop report, ,r, ■Ing received. iArge spot Intereeta, too, mold October, To the unblaeed obaarver. It cerulnly looks aa though the crop would be a large one, unleea something unfore- *n hanpans In tha next month or elx reka. Adrerae reporta there are from here ■ill there, but that waa tbe case two years ago, when the yield wee the largest erer known. What moat be kept Hearty In mind, bowerer, la the necessity for a large crop to meet the demenda of rary large world’s raqulremants, possibly the largest Ion record. But opposed tn the bull leader ar, Wall street people, I’hlliulelphla spot Interests nnd apparently tho great bulk of the Southern trade. Under the rtrentn- atanrea this crop rinsed Id points under the highest price of tha day, and the ad vance In the next crop waa practically wiped out before lha cloee."-tlltier» A Clay. COTTON SEED OIL MARKET. New York, July 10.—There were no new Wheat . Corn Oata Hogs ., li.-" derelopracnts In, Ihg market for rotton seed oil during the early trading. ..Trad ers generally were laellned tn hold off. Offerings were light, bit certain proml- LIVERPOOL GRAIN MARKET. Wheat opened *4 lower; I JO p.m. H low. unPrinRR wrrr iirih. uni irfintu i>iuuu- nent Interests who hove tieen supporting the market reeeatly wet, not fu evTdenee, and thla resulted In a vary doll trades ....... .tnrd S 1 er: eloaad 44 lower. Corn openwl 14 lower; 1JH to ft lower; cloae<] t war: IJd p.m onahanged unchanged to <4 lower. Tharc I, aome little export but the reeh trade, an crate. Prlcx et th* ch btit fhe'eeitt trade, eh'the whole,' Is nioj close _w*jo unch?A.mt Ahgn,’t.,V.".". Bcptemlicr..., .. October ■■ November.. »ecemli,r.| Closed • eteedy. THE DRY GOODS MARKET. INTERIOR MOVEMENT. Hmuton ... * n «»«is ... . ; 'b'lpMlIs ... I ?.*■ Inuls , Hurl [i on 11 .. Torn! lanonry.. February .. - March June nly Augn.t Heptember i^ovriniurr.e as Dfc^mlwr.. .. Closed firm. OoeDlos 5.75 M0-6.I0 5.85-5.86 ....186-7.00 7.00-7.10 , ...5.204.10 .. .526^30 ....5.36-5.45 ....5.45-5.60 ....5.50-5.55 ,...5.55 ... , ...'fore the middle of the moral me reliable Arms In KiiKland cabled local rorrespondenta m that the Uothacbltds bad stepped forward and 0t, .for stocks are sppsrentlj limited In of* fennfs. 7.00-7.06 7,06-7.10 7.16*7.20 " ‘1-7.26 CHERT 4 CLAY’S DAILY DAILY MARKET LETTER. vorable this morning, the market wa, confronted with moat eertoua newa from abroad joneemlng the situation Cloae. panic. While the altnailou^seemi clear 6.164.0 enough now, eo far •• England la con- f.94-7.00 corned. It mnet be ronfeeeed that Bnaalan politics ara n decided bearish argument for lowar prices of cotton aud the darab opmrnta In UumIs during the next few weeks will bear watching. While f*“ weether map showed better weather tbe Atlantic, It mnid not bo aald- that the crop situation In that eectton bad lm- parted any. The forecast promised fair weather tonight end tomorrow. A stretch of fair weather In the eastern lielt will destroy about tbe biggest argument tbe bulla have. . „ Houston, Tea., wires: "I’artr bare had ten bales new cotton offered this morning. Their buyer If In Kouthwest Texes and aaya he expecte to buy COO bales new cotton next week." frame decline of ft from yeetseday a eloe.. rop per metal advanced In I-on-lon. pjftTinssSdSaarwt ® res® *ra ,T timth/i to. Id to bars regained strength and New Orleans, July JO.— 1 Th, Tlmca lumo erst: "The easy dlaMpttlon of aach and every little advantage acquired by either faction haa dispelled moat of tbe desire among room traders to taka a band, aud Br Private'Leaned Wlra New York, Jnly ».-The dry goods mar ket le generally quiet, but there wee a nrger trade In heary goods, for domeatlc consumption. Bevarsl naw lines of wont ed were opaned. Fancy woolen coda wrre •low. The Inquiry for Chios goo-la haa not y subsided. THE METAL MARKET. Bp- and conaldarable flrmno Q.llvarlaa Improvsd trading waa at n stand.till and price noin Inally nnehauged. The exports of copper for tho week end Ing July 19 xraa 4.:<>|. tbna f.r this mnntl 11,171 and from January 1, Ir-.’-L tons. NORTHWE8T CARS. Today. Mlnneapolla 140 Duluth.. .. .. .. .. 31 Chicago 173 at the same time haa almnt cpnrlnead the talent that tbe Jnly deal la piling up prof it, off-setting looses. Otherwise, tha rot- ton market rontlnuas feetureleaa, with the date U sal la rrplnrlng sold .out Imea. . . yeeiern Investment buying .of Union PeHfle for J r pt|ll , 5.40-5.45 5.464 JO 6.664.50 6.554.70 6.764.30 lM?SigjT.’ fifjortsd IMs| Pgnjlwi. O nwsjBglgm «Sk" MI ^/rann^.B reeeaelona. Jk’SIriraT.uSS mTondtm hravy, mM4c gnmenta. More .moisture iMo.ted pr yeateritay, hut the fear of clearing nr- er polled them down again. BtnllTena EW small, l^ereaMlmlta^^^n«oa^nyaio Er-1 LOWRV NATIONAL BANK If any, Influence”—'Wars A ’•’•■n.’ii ncniunnnR ior in© nan* »4f IJverpool m,rkct k |by .it,. , »*uouf>n waa rumorru 10 oe in [ enj'-ulty and that the financial situation i J-rtay’i r-T ", ' lose, while epot tranaactlona were “f n decline of 4 points. The I . ll ’l"- ''-.l ilerelopmeuti abroad In flnan- ■,J”»i'er> end the decline dne thereto I'!"’ foreign market bad a dcprclng M on opcalng prices. CnaelderaMe con- 1 *». manlfeeted daring the day, and I ' ' h " niany rienlnla or reports of aa- I .rendered hr Intereeta vitally af- r-nnerwi ny tnrerrata vitally at- K fi"'l bnt little Inllnence In dlawrtv- ?* "1* linMlInAM tnr IE va-HW palliM* fait -ineaa. for It wa. rather felt '•'"ii though serious trouble wae for „. ” > »>‘nt averted, the matter had aot Ld.'l" Anally adjusted. HowevcrT eon- Ibtri .•«?/»« *«■ renfired by ball Forests, Imth locally and In tha eastern £ hat influences were too I.’ Or n( Iamb ... . .. . strongly RB™ - lower prices to allow of other v.. ’. "’I’orjry Improvement. Today’! map .’ ..'"f favorable, showing clenr, dry I tr2, fc „ r l* ,b * Atlantic atatea. and advices I SB?. "■"» section, were of the earn* tenor. ..... ... these coudltlona. ■ a» I . Tork . Ju, Y 20.—While there la . d 2 ubt th (t market condition! end American Imiencea were nearly nil fa- ... Ruaala and* Ita effect on foreign fi nancial centers and operators were for thla reason deterred from supporting our security Hat. Humors of a moat sinister characted, concerning condi tions In I-ondon and Parts were In cir culation and our market disregarded all of these and advanced steadily through out the session and Into the second hour of the afternoon. It la safe to say that the European situation, from financial and political point of view, „ being deeply stirred by event! In Russia, end today’s trading on foreign boureee reflects anticipations of a moat serious character. We believe, how ever, that the larger banking Interest* and governments, outside of Russia are prepared for the emergency and will control it within such limitations aa will avert even a partial disaster to the world’s security market!. Even admitting the prospect of full uses for all money we have at command tn tnta country our crop situation and econom- - position la too strong to permit the ,jea f a change for the worst st pres ent. We expect-t see the msrket sus tained. . . STOCKS REVIEWED BY NEW YORK SUN F air demand ior ru» r» •«■*• - • • Twenty-fosr roada for {jeond ’wjyk of Jqljr allow average «rosa Increass of 14.11 * N prestdtnt Booaorelt to enforce eight hoar ' iw on all sorer it moot eontfsots. Twentj-four foreign Insuranca roniponles lafalnfnl net iooa of or er $47,000,0/1 la abstained net Iooa lL**ltogers aays Amalgamated Cop* rluslvcly confined to the dealings In the last hour nt tbe (took exchange session. In tbe last boor over 14C.no shares were mm- New York expecte to get, at least, half tbe (Loot ••• gold In open market In I '*Forc?gn < trade (5f Jj* 1 ,nr b ^ 011 * 'W;^. , rar.^bo^°”.>, .ahlng r man I ,D 6ond D merkri dull, the antes of standard to •*» for actly the same nstnre aa that taken at their last dividend meeting three months ago. Prices Ixefora thla news was made public bad moved feebly up end down within a range for stoat stocks of so more than s .half point. A selling movement started tn tbe market when the dividend rate was announced, tint the entree of trices thereafter attested with greater forre .haa any circumstance that baa happened ior a long lima bsck. what Wall street terme the anld-oat condition In which the rket now elands. A few earlier efforts ile by apecnlatora to take profits on tt.Hr sales for the decline made tt en- dent tha* DO real llqnldattm in the previous fall had hreo provoked. Tho optafos that the market waa occupying a eirongev po- it maniclpai Imnda within the next '-fwelve lodnatrials advanced .87 (fr cent. Twenty activa railroads advanced .92 per cent. It must be nice to bs A hero," re marked the quiet man. •■It la for a minute," replied Senator Badger. "After that the hero won4«ra at the world's bad memory." kee Sentinel. -Mllwau- GIBERT & CLAY rampealed by a sharp apward hnaad In I'll.,ration*, which caaacd most of the prin- Hpal stocks to Hone at advaacee ot more . eu.lx.! ’• Illiamrt A- Claw For goodness asks, what's that noise?" "Tha girl next door It having her voice cultivated.” Huht Apparently the process of cul tivation haa reached tbe harrowing sea son."—Philadelphia Ledger. CAPITAL, SURPLUS AND PROFITS OVER ONE MILLION DOLLARS Foreign Exchange, Travelers’ Checks, Brown Brothers’ Letters of Credit available in all parts of the world. SOUTHERN EXCHAN6E Oldest Established Office South. CO non STOCKS BOROS Gflll* Ground Floor Oould nulldlng. Dally market I'-ttrr :ind in.-ir!."’ imimi:i mailed on application. H Prank Hawkins, President. H. M. Atkinson. V. P. #aa Joa*ph A. McCord’. CntM,r. Third National Bank Capital Surplus $200,000.00. $300,000.00. , J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS. GRAIN . Correspondent's Capital $250,000 A. W. Calhoun. tonDtrgift. a W. Grant T. McCord. DIRECTORS: 7rink Hawktna. II. M. Atkln»on. Joa^ph A. McCord. J. n. Nnnnally. J. Carroll Pajur. E. B. ttoaaar. m DarUt Woodward. WM. L. PEEL. President. BOOT. V. MADDOX. Vlco-Prro. T1I08. J. PEEPLES. Cllklff. JAA. O. LE8TEB. Aea t Cashier. RKFKRCNCe. THE NEAL BANK PHONE I4IT. PRUDENTIAL DLOG MADD0X-RUCKER BANKING CO. '• *- ALABAMA AT. _ bonds. COTTON. C R AIN. corvee, psovisions than a potaL’’-Olbert A Clay. ATLANTA. OA. BxehaogelNew Orteasa Cotton gx'-kang«.ICl> | ragnBeerd ngTrada f!" Tctk Ca;ra„ Erchang-- New Orleans Praek ExchanxC Ur-U-ool Cot.ou A.-oHa *” Ycrk Ceffae ExraaanJVrw Orleans Board ef Trade li.alveeton Cotton l.xrha l’llvnN* Wire* t'Y all ExcbiOC 1 *- _ -.b-.x. .. L *-*' «"d Lona Dletenee Teltohone 0298. W. R- FAGAN. Menen. "Cen you repeat the Declaration of Independence?” alt* asked. "I used to be eble to," he replied, “but about all I remember of It now la: To be or not to be, that is tht ques tion.’ "—Judge. .7 tt* Otlta WARE A L_ COTTON, GRAIN, PROVISIONS tt. 3 w»n Si.. Ptltfl B.Dil.g, Alliata. Ca. nFsStocks^bonds, few Ysrk Caff#" i»ehss§e. Ktw Orltsat Caff#* DUiagt. Uttrooo: Ccttos aaaadatf Aff M0f8S f# bt* York. Hew Orleans. Chicago. Chicago Cotrd of Trade. Chicago Slack Itchatqt. Hew York Coffee Inhango. Stoolard fknoo 7%. CAPITAL SURPLUS AND PROFITS $200,000.00 $500,000.00 ACCOUNT* INVITED \\ i11\ it” arc mutt- of in<li\ i< 11 in I~. <■' h’] ><>r;tt i*>ns. Iiaiik.s nnd bankrrs and offer tho best terms consistent with oonsen-ative hanking. In our Having* Department we allow Intereet at the Rate of 3 1-7 per cent. Compounded Semi-Annually.