The Atlanta Georgian. (Atlanta, GA.) 1906-1907, July 21, 1906, Image 15

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SATURDAY, JULY 21. 1! BEARISH NEWS Declines Slightly, But Usu ally the Loss Is Recov ered on Covering. THEY SCARE EASILY Prices Slumped in First Hour on Liquidation, But Recovered Later. Br Prirnte Leased Wire. Sew York. July 21.—The cotton market opened utesUy 2C3 points lower. The poor taMe*. line weather nnd liquidation ac counted for moat of the decline. After the call, henry pressure developed from local bear Source* and prices broke sharp ly. led by AufUst, which declined 7 points asd new crop months about 6 points. Tbe American markets for cotton for fu tare dellrerr were aoruewhnt more active than Is usually the case on the lmlf-hollday ■hsIoiik. The bulk of the business today ran In October and December; aud, despite the favorable advices, from the crop and a tower Liverpool than was due, these op- tleca dosed at tinchMitfed prices fr4m ye*- tardav'a finals. During the first hour of the aeaslon today, there was a slump of from 5fiT points on liquidation, but when It hni ran Its course the market became dull, and on a little evening up prices gradually worked up. SPOT con ON MARKET. Atlanta; quiet at 11c. »w York: quiet at 11c. New Orleans quiet at 1015-16c; sales 175 delivered on contract Liverpool steady at 6.06d, Augusta; steady at U*4c. Savannah; quiet at 10%c. It. lioula; quiet at lOftc. LIVERPOOL COTTON MARKET. m.—Cotton, •pot quiet, with prices at lands 6.06d; sales 4,000; Auirnaiu •pernlntioii nnd export 500; receipts 17,000; American 14,100. Futures opened easier. OtMlng Jsly July-August.. Aug. Sept.. Rapt.-Ort.. . Oct.-Nov. . Nor.-Dec. . . Dec...Inn. . Jin.-Fcl». . . Feh.-March. Marcb-Aprll Closed quiet ond dull. ttsnxe. Close. ..,.6.8*4.60 6.80 ...5.80-5.77 5.77 ..,.6.71-5.63 5.60 . ,.5.65-6.62 8.6S . ..5,62-6.53 6.10 . . .6.61-5. M 5.18 . .6.61-6.09 6.56 ..,.6.62-5.60 6.60 . .6.61 6.61 .5.64-5.63 6.63 Prsrlous Close. 6.66 5.79-5.80 6.71-5.72 5.65 5.61-5.62 5.61 5.61 5.66 5.64 5.66-5.66 TODAY'S PORT RECEIPT8. INTERIOR MOVEMENT. Houston . Augusta .. Memphis <§} MOVEMENT OF COTTON. Following Is the movement of cotton for the week ending Friday, July 60, nnd the wtm for the season up to the same date, w complied by Superintendent King, oI w New York cotton exchange: Movement for Weak. This Last Year. Year. Jw receipts .. . 24,924 101,716 Owtnn-i |„ mill, and _5«p**i* 8,165 MR 10,11 t,kln ** ,r *' Umattdi M.OOO 10,000 of .took it Interior 13.898 I 'refk' 10,0 * or * k * ♦0,103 134,003 Total Crop Movement ff""ylpt... V,34,838 »,*73,707 Ot-Hanri |„ mm, aD< j (ana-la M0,Oil 3,881.1 *,008,000 107,913 nilll taking! tea- Umat^i, • 3,100.000 •"^It »t Int.rlor In tawna of S.pt.mltrr £* 11,384 *t»n«ht into atfht thus («t to, Htaon. 1 10,778,W8 U.1M.STI, WORLD’S VISIBLE 8UPPLY OF COTTON .te-ftr IIum'i statran-nt of th» w wk ?ni[| “ supply, of ^cotton for Ins ftjane ( • HI la »t *jdlng Friday, Jnly shows n de- 106.062. against n decrease of tl.» njenr and a decrease of 116,6*1 In JJ.-. total risible Is 2.665,379, against 2,- >;£week. 6.116,426 last rear, and I,- {*** .before laat. Of this, the to ijlwkAmerican cotton Is 1*699.379, against «SM 1 ."{•*• L838.4M laat yrarT nnd I Sir, Itrfom laat, anti of all othrr JSWlKiudlti* r.tr*. WtulI, (.Vila, ntc.. LSnSOO laat work. 1.1*3,008 ""'I 810.8Q0 year beforelaat. I. Jf '"'"I world'a vlalble supply of rottnn decrease compared wlfh 01 MMtt » drermw! compared rnr of *83,0(7. and an Inrr.-aae w(lh Trtr tl>t of "grid's Ttilbl, .apply of ration '■rni n;,. *• now a Mat a ad hrld In tlm *«d Motlnrntal Europe 1.- S® “i 11 "*' 1*13,000 Ll.t yrar, aid L- !»for» laat: In Crrpt K,i»), S?E '■■S f*ar awl i«,woy«r(5? >■1 rA; ln JT’ 000 - »»»lnat 131.000 •*1 , . ***■•» frar hrforr laat; Nun t.« 1 nl,wl States 4-X.OOO. acalnat kit.' a "t and 3)l'0Cri year before NEWS AND GOSSIP 0( the Fleecy Staple. CDeet enr point lower. The Imlllnti weekend •opply flpirra evidently bad very llttla Influence. . Lontl tradrra hare Item Belling rather frealr thin mornlua. Market apprara heary and haa hot few friend*. The map today la excellent, clear and dry. aud abonld exert Ita Influence toward lower lerela. Hon says: "Cotton picking ban begun In the earbr districts. Mure textile mill, have voluntarily advanced ware. | per cent.” Bradatraet’a aaya: ..“Trade. Indnatrtal and ttmYitic 1 "^'* ftntr * 7 cootlnna highly op- Prfrate Wire to Ware It Belaud. New York, July 31.—Market opened tower anti about na expected with very little bna- Inean In eridence. t'nmmlaalon ttonaea Bold * Httle, a Milted by M«n« of the local Ut- Behlli la ateadylng market by bidding for • it roller. Fullmvln cotton on . the New York Thlsw’k.jldist w’k. Unt Y’r. Y'lslble supply. American ... Crop lu alsht.. For week Port receipts . Stock* Exports lut. receipts... Shipment a .... Stocks ...a,.... f»«-843| 3.7M.4S 10,'67i.'»U 18,'K0:Jsn -67.388 (4,064 a-lgl n-tK TO fg tS'i ifllt* 1.942.70 16,015,506 147,092 * 104,182 « 88,374 i%3 CHRONICLE’S WEEKLY CROP ' AND WEATHER REPORT advices from the flint rain Has been tlie week, ami thut ... ... lAtlantlc and Cnlf states and Texas the precipitation haa been heavy. A few of our correspondents comblnln that excessive moisture Is csuslng damage to cofto*. and In sections of Alabama from low lands are reported to have l»een overflowed. Others state that the crop la progressing well."—| Wnr© ft Leland. WXRE & LELAND'S DAILY MARKET LETTER. Now York, July 21.—Mors favorable weather In the cottou licit led to some .selllug In Uverpool this morning, and ^rtcea abroad eased off 2 points. In addition ;o the deeline of yesterday. The foreign market was not eueouraglug to buyers, aud with liquidation In the old crops still under way, prices ran down several points durinp the early trading. Later prices ng ts heretofore. There noetuetf to lw» con ■Idemble c*»\erlng on the decllue. and not much pressure, being Baturdny half-holiday. With favoring weather In the Atlantic states, It would l* difficult to bring about much of an advance In prices; at least, uutll after the bureau report on August 6. lu the meantime, traders are not disposed to take an aggressive stand ou the mar ket, nnd on declines cottou la Imnght to lie sold out ou the first rally. Tbla seems to lie about all there la lu the tunrket. New Y’ork, July *1.—Considerable bullish talk waa Indulged In. due to magnificent crop prospects nnd the weakness of. the Chicago grain markets, a reflection of It. although aome of the tending houses were conservative and not disposed to follow ml* ranees. A great deal of favorable com- ■PPVUsaoari Pacific and 8t. Paul were bullish features, ami there was particularly good buying In Southern Pacific. The Imnk statement made a most excellent showing, ^little realising took place late In tbci WRslou, but the undertone waa atrong and a higher range of values seems assured. STOCKS STEADY . IN EMU'TRADING Material Advances Made in a Number of Lead ing Issues. RANGE OF NEW YORK STOCK MARKET Amalgamated r«»|»|>er.7....1T Atlantic ('neat mm..,. American Sugar ltednlng... BUSINESS WAS ACTIVE Sales to Realize Profits on the Advance Caused a Moderate Reaction. American I.octunotlre do preferred... American Smelting Refining 1o preferred bison Jo preferred American Cottou Oil Baltimore and Ohio Brooklyn Rapid Transit Canadian Pacific Chicago nnd Northwestern Chesapeake ami Ohio Colorado Fuel and Iron.v Central leather do preferrad Chicago and tireat Western Chicago. Milwaukee and 81. Iltul...*.. Delaware ami Hudson Distiller's Securities Erie do preferred... General Electric Illluols Central American Ice Securities IjoulsvIUe and Nashville By Private Lcaagd Wirt. New York, July 61.—'The weekly • bank statement waa curiously at variance with what Wall street had anticipated. An In crease of 86,000,000 cash waa what yester day's figures had Indicated. Today's returns show actually that the holdings haw rli 911,700.00. In all probability, this la an over statement, the same as the. averages of previous weeks hare understated the true situation. Hut the essential fact Is that mont In surplus reserve accorded the most favorable anticipations ount standing than a week ago, nearly thau two weeks ngo, and paring to disadvantage with the average of former years. stock market, expecting a strong statement, opened firm, and rose quite generally during the first hour and n half. Abroad, there was an all-round It,, ment, and the Idea seemed to dominate the foreign dealings that uneealneaa over the Russian outlook bud been rather over, done* Russian securities took part 1n the general rise today, sml l-omlon turned buy er In the New York market. Special strength and activity was again Isplnyed In t ulon aud Southern Pacific iid Pennsylvania nnd Ht. Paul. Profit-taking sales were rather larger after the appearance of the hank figures, hut they failed to check tbe upward drift, e market ending practically at ths top figure* for the day. In the stock market a number of stock a showed small advances In first prices, ex tending to >4e In Amalgaametd and Read ing. Uc In Union Pacific, Htocl preferred aud 4*c ln LotilsvIUfc nnd Xaabvllte. Ht. Paul started V4c lower; Brie lost %c at tbe outset. The market durlug the early trading con tinued steady. Material advances were made In a num!*er of leading Issues. The is of the same character that lias l>eeu tbe dominating Influence In the mar ket lu the last two dnys. but on the ad vances noted sales to renlli UUMMl J New Y'ork, Ontario aud Western National I.end lorthern Pacific •Vw York Central Jorfolk and Western Pennsylvania People's (las Pressed Steel Car.., do. preferred Pacific Mall... “ ding , .Ublb Rock Islnnd do. Houthern Railway..... do. preferred. Sloes-Sheffield JnlOII SJ.V8HV United States Hteel '. do. preferred Vlrglnln-Cnmllnn Chemical do. preferred i..., Western Union........ Wabash do. preferred Wlsconalr Sag K-umin Central. do. preferred... Total stock sales today, Slfijfo shares. •RANGE OF THE COTTON MARKET AT NEW YORK. >ther bonds quiet and firm. LONDON STOCK MARKET. The following la (lie range In cotton futures In Now York hrjar: Lu«t .Previous Open. High. Law Sale Close. Cloae. July ,.l6,ll 10.11 irrm mil J0.09-1I lO.ffMS Aug ..10.12 10.14 10.06 10.14 10.14-16 10.15-16 Hep ..10,22 10.22 10.23 10.22 10.24-26 10.26-27 Oct ..10.29 10.83 10.26 ia63 10.22-66 10.62-M NoV ..10.61 10.31 10.» 10.61 10.64-36 10.64-36 Dec ..10.36 10.41 10.16 10.41 10.40-41 10.40-41 Jnii ..10.41 10.44 10J9 10.44 10.44-45 10.44-46' Feb 10.45-47 10.45-47 Mch ..10.51 10.66 10.61 10.56 30.6546 10.5446 Closed steady. AT NEW ORLEAN8. Th«e following la the range In cotton futures in New Orleans today: Last Previous Open. High. Low- H-*le. Class. Clone. July ..11.01 11.01 11.00 11.01 11.06-66 11.03-06 Aug ..10.63 10.66 10.68 10.* 10.6648 8ci» ..10 45 10.46 10.46 19.45 10.44-46 (>ct ..10.27 10.10 10.23 16.29 10.29-29 S l&Siil 4 |'el ,.... 10. Mch . .10.40 10.49 10.46 10.48 10.1 Closed steady. OIBERT A CLAY'8 DAILY MARKET LETTER. New Orleans, Jufy 21.—There wo* no espe cial feature connected with the market In Uverpool to create more than a passing Interest. Options closed lower by 2 jmlnts and spot quotations lost 1 Point, sales amounting to 4,000 bales. There Is no gainsaying the fact that the UuMalnii nation la face to face with a crMs of the moat extraordinary moment, as affecting the world'a equilibrium. Htudent* of political economy are unwillingly pessimistic, so to speak, over the flnnl outcome, for. while they recognise the marvelous growth nud prosperity of the American nation, they feel that the great * “ universe might soon In? called upon to bring their force* to bear upon a'situa tion which a world empire, torn by In ternal .disorders nnd civic atrlfe, would necessarily create. The fear of the re- strirtlnn of trade, the reported overpro duction of fabrics and the waning demnud for the aniuc. owing to the already over-i stocked condition of the eastern merchant*. are not only Influences to be passed over lightly, or not at will, bat they are also economic facta that must exert In due time their proportionate effect upon the value of cotton. STOCKS— Anaconda ..... Atchison do. preferred Baltimore nnd Ohio. . . <'siwdinn Pacific Chesapeake anil Ohio. . . rhfe., 3111. and'St. Paul... Brie do, preferred lllnnls Central.. Louisville and Nashville. . , Missouri. Kansas and Texas. do. preferred. . . . New Y'ork Central. . . Northern Pacific Norfolk and Western... Ontario and Western.... Pennsylvania Reading Rock Island.. Union Pacific., United State* Hteel. do. preferred. . Wabash -• do. preferred. TIPS FLASHED From Wall StrooL Private Wire to YVare ft Leland. New Y'ork, July SI.—London cbntigei alight. Panama bonda largely oversubscribed nnd n favorable bunk statement expected. Bull tips out on the coalers, western rails, sted* and coppers. Trade cotidltlous fine; railroad earnings large and bullish talk Ja heard on Harrfmau Pacific*. Activities may not In* pronounced, and reactions likely to follow. Ksrly upturn* with the usual week-end evening up among room traders. Americans closed firm In London, with active l»esr covering In evidence. Hteel*. Pacific Mall, Union Pacific are starting out strong. Knty ought to do belter; also • **acfflc and Southern Railway. Private Wire to Albert A Clay. believe, contl tory returns, not overstay, for the elimination of short Interest now going on will to some extent ...... ............ lay the market open as a whole to lienr NEW YORK BANK 8TATEMENT, attack, but tb« bear element Is not likely 'Cautious buying of Inna to b PI not overstay, fo The weekly statement of the New York Its recent liquids— - . a , sne*. The iMink statement today was s very aatlsfactoy one. showing the snr ; B ins reserve In excess ©f I19.OM.000, and he financial situation for the time being could bsrdly be better. All that Is re quired Is moderate Imports of gold, which, under existing conditions, are quite likely to take place as much as n result of s natural balance of trade sa Dora financial operations by Americans abroad. The stock market situation looks strong enough to bold and make further Improvements In ▼slues ah a result of * ehnnge n senti ment regarding the financial situation. TURPENTINE FIRM DURING PAST WEEK gpratal to Ttio Grar*t,n. Harannnb. Joljr 2I.-8plrlta turpentine be- ran tba week Arm at f7H<\ and rloaed Arm at Re. At on. time It looked aa If an ercu lower price might be reached, bnt a Terr large dtatributor came .Into the market and awept It at 87c. Tbla action brnngbt other bn/era to a realization that there waa .mail chance of n lower lerel. and the,, too. came back Into the market for anppltea. Oa the 8rat <lar the cloee waa quiet nt 87Mc, the decline to *7c taking place the following dir- At the etoee o« Toeedar ths higher Agora was again rsacbsd. only to hSTost t&» following day. tbs market rgnmi*l*f at the same figure for th«* re- maindrr of Ihc week rroni P , racnt lndl > sir^.‘ch^ u 7nd ,cr .;'r , ?£*i h c: zsrs. y? 7hTc«,^r 14,4(1 cake, about one third of the *BoaTa t « l »bl!w«^7 r riS/nB tendency, and In gain of 10c oxer the aeaaloii'a Ignrea. Thef ATLANTA. OA. GIBERT & CLAY " t ALABAMA AT. SS A?* copfec, naoviaion, Bxchange.iNew Orhla'. < ..n-n I ; haage.t^lc^ Baird of Tride.^ : Ers::p-:.?:3 UmI *nd Lora Diatanoo Totophon7i£n! t ia ‘' n< v7. R. FAGAN, Manan.r. Reserve. Increase l.osii*. Increase Specie, lucres so l^gals. Increase 61,637.000.. Deposits, lucrsase |30.*I7.m iio.ia.ooo. M'CULLOUQH BROS.* FRUIT AND PRODUCE LETTER conslderabie extent, sod In sight at this time. We would not nog leet reasonable returns, but we would pre fer tbs km* side when stocks are soft, sa Ike largo Interests are a little more bull ish. according to our Information, and their l/mdon market for Americans la only slightly lrrogul-.tr Is taken bjr the uptown Interests as Indicating that the lam M«l- era of Americans, imth In London and here, are not coucerued over the Russian situation. The character .of ths fgoudon market this morning la all ths more reas suring to the Interests which are looklug for higher prices !>crauae It follows n atrong market here yesterday. The conservative Interests uptowu are looking for n con sldernhly Iwtter market for the next three or four weeks at least, but they do not look for sensational advances except In n few Issues. It Is liellevod, however, that the short Interest Is still large and that when the general covering movement sets NOTES ON GRAIN Pointers on Provlalnnn Private Wire to (llbert A <1ag. Chicago, July 31.—Wheat cubic, steady compared t<» o«r decline. Thera are no new fenturea as to mat In tle- uocthweat, and ehanrea an> .1. .-i.ieiily agalnat any hiaterlat damage, aa the crop la an far a.IvaneeA The,t»-.t market to aell wheat la atilt In’tha pit, and the tmylna largely to cover shorts. This buying will rally price, sums from every break, but the trend louka lower, uutll wa reach a sound eipnrt baals. Porn waa weak on general rain, and nn Ir.crraMMt efferluga from Nehmakn. Pop- stderalde bear preuura »n the market. We doubt If ratiafry actllng will kep np at this level of prices. Heutlment ameug firm era la that their corn la worth 88c. Tbe new crop la by no means atanred. Oats are getting down where they look heap. On nil breaks from now on, would tdvlaa he purchnao of lmreraber nnd Mar men. Porn dellrerable next year lieluw Me aome time this year show a baudanma premium It ntirchaacd arottnd these prices, --'uneapolla wires: ”11. V. Jones, who toed this morning from tbe Dakotas, aaya tba northwest crop will he safe In from ten days to two iveeka. The prom- lie la for an eiiormmia yield. Only a calam ity can change this prospective result, nnd there are no unfavorable Indications yet. If the crop matures, the railroads OPENED HIGHER; CLOSE WAS LOWER Small World’s Shijmieuts mid Steadier Cables Caused Advance. REPORT WAS BEARISH market It. Oata and tax are also In Bna condition, nml prnmiae to break records. Corn la raiiilug forward nicety. Tbla insane eat prosperity In the nerthwaat. and i-rflnnlng bn.Inca fur elevator rompantee, d It should mean a large export In «. In dour, for the United hi a tea i va a aurplua almve homo needs of over ■.non.(n), and with Panada alemt 408,888,- Ill fact, the United Htstc and Panada have the pFomleo of almost 1.088,800,(80. N ■iirh outlook haa ever been In prospect m the American.continent. It will be a gras* i-ar ahead for jobhera, maniifnctarers, re- liters and railroads. | Phb-nao Very high teml pernliires prcvalbHl through the aoulh-1 Iwcat ycatenlay. but tho weather waa clear unfnvoiable for the develi ■■Iwas minis ilainarln. ...... 2 Inch souri. sml thn wnsst has not Imvd dry for nrnrly two wsrka. . . | 1 Vrlvsts Wlrs to Wars ft Inland. LM ^ ■ I Chicago, July M.—Tbs rcvalpta of whrat ronUnite large and ths Mark rust talk la l»rromlng iiisrrtMlltnL I’uIraa some nsw Imlllah Incvntlvn turn* np, wbsat will sail lowsr. Wheat acting stradv. httt no signs of lr«tten or any other Mg abort cornlag In yor. Do not brllsvo Srpfrmbsr oata will salt hr low J2r. Ixioks na If thrro was quite *i lot wanted nt 63r. Northwest fair buj of Brptembrr. ' * I ‘ * ^ I Oat* steady on aome buying of September l»y Urlngle and Marfleid. ielilni scat* tered. Trade rather light. Provisions weak and jower._ rqrnljpt| tonsesHgl Ionic nril tlioni drrs r«iinl.. w —- -- .. ■Provision sblpmrnts for thr week endlni ■ily 21: I^ird, 7,611,000 pounds, axnlnsl 7,400,000 pounds year ago; Ulrnt*. 13.ib2.uot pounds, against 18,777.000 pounds Inst year; •ork, 2,600 barrels, against 3.7 mi last yntH 6,729 barrels SOUTHERN EXCHANGE Oldest ICatabllahed orrtca South. canon STOCKS—BOROS -oriih Ground Floor Gould Building. Daily market letter and market manual mailed on application- L.J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, CRAIN * Correspondent's Capital 1250,000 nRrCRBNCg. TO* NEAL BANK phone i-arr. prudential bloo weeks nntll the last few days haa had a ■ ' ~ ' tet conditions, gen es teanlted also In , growing fruit crops, shipment a of which ara now on In earnest. During the present week peaches have not been of aurflrlent vatne to bring ex press charges, ecpeclally goods of Inferior nunllty. The market haa barn greatly over- etoekra. however, and It !. hoped with a few dnys of dry weather, the demand nud values will lie recovered to aome extent. No apples In tbe market except local re- celpta In a small way. . funtaToupca a drag In the market; In fart, not worth transportation charges at '"Melon receipts have been vary much In creased during the Inst week and values are necessarily suffering aa the result. The demand for banana* 1. more or I limited with low Prices prevailing. No change of note applies to lemnna. The mnrket Is thoroughly demoralised tomatoes. Other vegetables plentiful nl«o anil lielng furnished by the local trwrken. A better, demand la noticeable for rale Page. Hptkever. It Is not anfdtient to taka them at good prices except In a limited W "ri,h potatoes ara very plentiful with price* Iwdly off. A *llght advance 1* noticeable nn egg*. The market la completely congested on Uve poultry- A fair demand prevails for A 'nntTcr ,K pleiit , |ful and Belling for low price*. . NEW YORK COFFEE. Following la given the opening and cloning quotation* of th* New Tork coffee market is ml 7.25-7.3 6.464.65 gains were In nearly every grade. It la pndmldr that the hlAev prfc-els temporary ’ _a .L.. m-I Ilu .In...-. ...I la <811—.I nt. — grat of the week lay's latr- trailing at i ganre «f me. HIBBARD BROS & CO., MERCHANTS| Atlanta Offices, 219-221 Century BulIcJinff. Members New York Cotton Exchaoffeg New Or leans Cotton Exchange. Liverpool Cotton Asao-1 elation, 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. Hustace. Mgr. COTTON^G^Aift, ^ROVISIS^.Hto^KsPbONDS, Uterp$9t Coma Muodatloj. hifaft filial to Kern York, Ifew Crleou. Cbittgo. tall n»at 1262. '«w York Collet iitlua««. 0. C COTHKAH. M»n»atr. Standard Fhooo 291 Occidental Fruit and Produce Co. — - mfrnariTgriTrr ~ — ' ' WHOLESALE FRUITS AND PRODUCE AND CENERAL COMMISSION MERCHANTS. HEADQUARTERS FOR BANANAS, PEACHES AND CANTALOUPES ' — THE HUSTLERS ——- J. M. COPELIN, Pre*. JOS. GENNTISON, Mgr. 2 iV. BROAD ST. ATLANTA. GEORGIA. THE DRY GOODS MARKET. Ity Private Denied Wire. New Vnrk. July St.-Dry goods were ■tcaily to Arm today. Printing cloths t stronger and n good business dona In wide fabric. There waa at/ Increased demand fur light sheetings. Cotton yarns were stronger. How wool wna driner. Commla alon houses report a better bnalneaa on worsteds. , COTTON SEED OIL MARKET. Jnly.. *, •• •• •• ... Anjruat ... Hrpfambar Oftoliar Novjmbjt.. .. ..... Ciosoil steady. Biuught in Heavy Selling Orders nud Prices De- , cliucd Sharply, t J Ily Private Leased Mira. Chicago, Jnly H.—Cereals closed lower, wbsal striking n new low loval on the crop on bearish crop advlcaa and the booty sell ing orders from tba spring wheat coun try- Corn and oats suffered further rerre*|on* and hog products, not to ba outdone, «-id downward. While early foreign news waa bullish, th* late rahlea were bearish In wheat, Hroombairs cable from Odeaaa saying that the weather haa turned nnc with crop newn more favorable and wheat receipt* nt Odessa liberal and quality fair. ThaM Wttf net losses for tho day of Me for wheat. M J/le fur corn, HOtte for onta and *mn?ry ir rccc| , *ia for ths day 1.183,m bukht-la wheat nnd 413 h-;«he|* corn, com pand with 1,848,108 and 8A800. reapoctlrely, ry 1 rccalnta: wheat for wart 7.1M,- 808,gainst 4.M,a88 tba week Sanw tM v CHICAGO QRAIN MARKET. Open, WHEAT- Sss-: tu* POIIK— High. I-ow. Clou. I e fit a r 4714 3*74 % (•I! i.as 6.97^ EBhtl II81 LARD— BE m f** i& i s niDBB— ient.!." i!l*" *.**" J'lS Oct....* 8.07(4 8.07(4 8*87(4 * 80 CHICAGO CAR L0T8. Today. Tomorro Wheat <KI 5S 8 nrn 17* 3M ata 183 II- Hogs in,'*') *8.c*i LIVERPOOL GRAIN MARKET. Wheat dosed (4 to Me lower. Corn closed urn-hanged to Me lower. "Crookatl/' echoed Bronco Bob. "Why, he couldn't piny solltnlra with out dealing off the bottom of tho dcclt.- —Washington /)tnr. - =Hn CENTRAL BANK S TROST CORPORATION, CAPITAL $500,000.00 If you coutemplata opening g now account, or changing your present banking arrangement, nnd wish to connect youraolf with a atrong. oousage htlve bank, fully equipped to genre you na your business Justifies, we Invite you to coll and talk the matter over with ui. Asa Q. Candler, President. W. H. Patterson, VIoa-PraaldanL A. P. Colas, Cashier. John 8. Owini, Vloa-Praaldant. Wat. O. Owens, Asst. Cashier. r ATLANTA NATIONAL BANK ATLANTA GA. szMxummEaaaag r n m, meaBxasmu ■ i ■ igjagaagammu C. E. CURRIER, Prasldant. A. I. THORNTON, VIca-PraaMent H. T. INMAN, Vlea-Praaldant. GEO. R. DONOVAN, Cathlar. JAMES 8. FLOYD, Asa't Cashier. Capital 6500,000.04 Surplus and Undivided Profits $500,060.00 We Solicit Your Patronage. Frank Hawklos, PreoMont. H. M. Atklnann, V. P. Tnnmaa.C. Erwin. A«it. Caahler. ii V, I- A M '""1 • n-tu-r !’ \\ 7>v-r*. A«*( Third National Bank Capital .... $200,000.00. Surplus .... $300,000.00. i: DIRECTORS! Frank Hawkins. II. M Atkinson Jnsrpb A. McCord. W1L L. PEEL President, ROBT. F. MADDOX. Vlco-Pras. MADD0X-RUCKER BANKING CO. CAPITAL SURPLUS AND PROFITS ACCOUNTS INVITED $200,000.00 $500,000.00 We Invito accounts of individuals, corporation', banks and banker* and offer the best terms consistent with fomiervativc banking. In our Havlnx* Department we allow Interest at tho P.ato of 3 1-2 per cent. Compounded Semi-Annually.