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THE ATLANTA GEORGIAN.
JOSEPH B. LIVELY
1 # , |
C " " Ur. Llrtlj'i 25 y#ar
THE GEORGIAN’S RECORD OF MARKETS AND FINANCE JiHHS-
' #*p#rt#nc#
Atlanta and
d« him a rmc.
hi* specialty.
'JJ
WAS THE FACTOR
A, ,
Had a Depressing Influence
on the Markets of
the World.
cotton is AFFECTED
Bulls and Bears Were Sell
ers and Sharp Declines
Occurred.
I. Private Laaaad Wire.
jtew York, July 3—The eottou market
~ne<t barely ateedy. 4 to I point* lower.
33»#r reflecting the disturbed Ituaalao alt-
,u That price* did not break more
,luo to the fart that room trailer* «1-
mdr much orcraold, war* holding off,
nltma for eom* big holder to merket hie
ffltnn. under cover of which they might
—lace their aale* »t a good prollt.
The attuatlon In Buaala we* the doml-
factor In *11 the merketa thl* morn-
to. and to that Inlluencii can be attributed
than. decline In cotton.
Th’ market wna more active In both New
.... , n ,j New Orleena. than recently, but
ESafent was bearish and .riling front
Cib .Idea of the account wa* In evidence
through the morning aeealoa. the complaint*
, too niueh ralu In aectlone lielue offset
"r the Itimlen new*, and heavy block* of
Jj[, new eropa were offered at conatantly
< rj!e l ”Safe r rn**wc*ther forccaat Indicate*
tie Alabama, Mlaalsalppl and Weatern
IVrhla generally fair tonight and Tneadav.
The iveatern forccaat Indicate* fair
anther for Oklahoma and Arkansas and
partly cloudy weather for the balance,
fith .hewer* probably In Ixmlajana and
Texas rainfall! BlKnro. .76; llrenhnm.
trace; Cureless*. .43; Dallaa. .04; tort
Worth It: tlalvaaton, .It: Henrietta, trace;
Jmvilu'. W‘Loagrlewt.Lai Meal*. trace;
Nsregiioidtea, .58; I aleatlne, A8: Ban An
tonio. trnre: Bherman, 1.13: Taylor, trace;
Temple. 02; Waco, ISM: Wmnhachlc,
pare; WcHherford, .54; Wharton, .08.
Southern Tegaa.
Wee estimate* tha crop at 11.5*2,000
lain. This la 500,000 Irate* more than bla
otlmntc of laat year. ,
SPOT COTTON MARKET.
Atlanta-Steady at lie.
Sew York—Qulht at 10.80c; delivered on
•Kaajr nml eteidy at 1015-11;
LIVERPOOL COTTON MARKET.
I-lterpool. July 23. 15:15 p. m -Cotton,
S et gull, with price* cruder; mlddllfig up-
ails s.03: sulci 4.000; Amcrlcnn S.B00: apec.
elation nnd ogport 800; receipt* 600, all
American.
Futures opened steady.
opening Prevlnni
Bang*. note. Ulnae.
6.75-5.76 5.80
..6.174.14 6.71 5.77
faly '
Jnlj’-AllffURt..
Atijru»t-Sf*pt.
NEWS AND GOSSIP
Of the Fleecy Staple.
kpt. Oet.. .. .
Art.-Nov. . .
Jfor.JVr... .
Uw.Jiin. . . .
J*M>b. . . ,
Wi.-Mnirh. . .
Kirch-April. ✓
Ctowd qulft.
..R.ilW.87 R.65-8.68
. ..ft.6S.Ml B.<W-fi.«l ft.w
. .S.594.57 R.RM.57 5.59
5.86 5.5*
. .5.584.58 8.58 6.59
...5.684.17 1.67 1 8.80
TODAY’S PORT RECEIPTS.
few Orleans ... ,
Gitvputon
KflUlc ... ... ...
ftitannnh
mrlpRtun ... ...
"llmliiL'ton ...
jjrfolk
[Tilliflclphln
hn FmnHaro ...
"is*"'
im
1071
INTERIOR MOVEMENT.
Mtton ...
HBata ..
Miphll .
**• I/»uIr .
Liftclntmtl
Total ...
f4
1907
IS
«IIERT A CLAY’S
. DAILY COTTON LETTER.
5"r Orleans. Jnly a—The acateaca* of
J* Rassimi situation commanda In a larae
wjsure the lutereat of the cotton world,
sides expreia grave feora for the flnau-
state of F.urope, and note the mar-
rti Instability, due to an expedited early
•atftoeot and the stagnation (hrongh over-
mianetlau of the eaatarn trade. Optloni
» ihe close lost from 1 to J point*, while
I" 1 traasm tlona were 4.000 ImIc* at- a do-
"f 1 point*. The general end. In
2* I'-nlltlea, exceedingly heavy ralna
S« *wept the cotton tacit Sunday have
brought out rumor, of aeriona dam-
">t eonllrmntlona of Ibcae rnmora are
Wf scarce nml meet report* continue In
* main fan .ruble. In eome of the gulf
S2*, •* - tu*l Improvement ha* taken place
5®*Jl owing to the prevalence of nMkst-
t The merket la now heart with many
2**ecca directly 1 waring upon future price
The crtteal period of the grow.
5 IT°P. I* »t hand, and on the charac-
r "f the sreatber for th* a ext five or
■weeks Will depend whether or not prea-
v,h r ;e|"'i la will have materially changed.
S»a the eagerly watched for development*
25 'he Par Ka.t. and the ronorqnent
•"nuincu. Imparted to the market'* un-
BK and la.tly, the raaaatlrm of da
is' 1 f"r finished goods are factor* to be
Sr*; 1 with In forccaitlng tb* tendency
■■arket price*.
WTTON SEED OIL MARKET.
gii£v. ::S
'inlet.
Prtvute wire to Glbert & Clay.
New York, July 11.—Liverpool 1 to
1 lower—waa expected 1 up.
New York. July 23.—Dick Broe. A Co.
eaya: "A rally might come In the mar
ket at any time, but we conalder It a
aale, and hardly think that any upturn
will be worth playing for.”
Norden ft Mitchell hammering the
market.
Price brokers selling.
It looks as though Price wna trying
to liquidate.
The surroundings of the market are
all against prices, the European finan
cial situation especially.
Mitchell offers 6,000 October at 10.81
and bjorden offering large block of Jan
uary. ,
Dick Bros, have been steady buyer*
here today, covering shorts.
New Orleana July 13.—Liverpool 1
to 1 lower la disappointing.
New York wires: "Price trying to
soil."
The market Is being sold on very
unfavorable foreign news.' The Euro
pean financial situation la especially
grave, and Is creating some uneasiness
In the market.
Today’s map shows general and
heavy rains over belt; the precipita
tion being especially heavy In the ‘At
lantic! and the western portion of Tex
as. The present protracted wet spell
Is causing toms uneasiness among the
shorts, and market prices Show an up
ward tendency this morning on cover
ing and some fresh buying by scalpers.
Relas Broa.'a cable ua; "Don’t think
the market can be sustained in conse
quence of fear of a monetary crisis In
Russia;- early movement and over
stocked east."
New York wires: ’Trice la giving ev
ery bale the.market will take."
Market Is barely steady and prompt
ly yields to attacks.
Private Wire to Ware & Leland.
New York, July 21.—Liverpool fu
tures opened barely ateadw and un
changed at 11:15 p. m., 2 to 1 down and
dull; aales 6,000. Spots 1, down, at
t.06; due to come 2 up.
Mitchell offering 5,000 December at
10.16, and 6,000 October at 10.32.
The New York market opened lower
on disappointing cables, due to dis
quieting news from Russia. Schtll &
Mitchell big sellers, assisted by locals.
Very little cotton seems to be wanted
on decline.
Room traders pounding the cotton
market, and though there Is active
trade, find little resistance. Outside
longs appear to be selling and buyers
scarce.
Shill offering 6,000 December at
10.16.
New Orleans, July 23,-rLlverpool ca
bles are unfavorable. They ehould
have been 1 to 2 up on both American
market! Intead of 2 to 3 down as they
were at 12:16 p. m. Consols are 3-8
down at 8513-16 for money, which re
flects tha nervousness over the Russian
situation. This nervousness Is prob
ably the cause for the depression In
cotton.
Ruahton, La., Wires: "The outlook
for large yields of crop continue bright.
A few light showers this week, but not
enough to cause uneasiness."
Merrouge, La., wires: "Cotton la
growing too fast In some places; too
much rain; fruiting fairly well; stand
good; outlook fairly favorable for large
yield. All other crops fine.”
The net stock of cotton In New Or
leans la 33,763 bales against 47,150 at
this time leat year. ,
The amount of cotton on shipboard
Is 14,888 bales against 28,310 last year.
Bears are resting after some 'heavy
selling. The whole situation now de
pends on Russia. For the moment
crop news Is attracting little notice.
Selling la for both long and short ac
count.
Spots are In little demand and noth
ing has been don*.
WARE & LELAND’8
DAILY MARKET LETTER,
New York, July 22.—There we* anotbci
disappointed cable from Llrarpoot thl* morn-
ins. nml the roeult wee a decline In price*
that carried lhn market Imck to the low
level' reached about a month ago. There
seemed to be a very general feeling that
the hnll leeder wae attempting to sell
INITIAL PRICES
SLIGHTLY LOWER
Grave Character of ’News
From Russia Caused
Opening Weakness.
BUYING WAS HEAVY
At the End of First Hour
Stocks Showed Material
' Gains Over Saturday.
ad price* down ralber rap
tbo lari
tier (
Idly.
haa atm to in- hoi —
notions led to weakness In the near poal
tlou, ami *c operated agnlnat the market
aa s whole. In aonie ratnedto, the detllne
we* unexpected, Inasmuch aa vary heavy
ralna were again reported In tb* Attorn
tic eectlone, nml In view of the fact that
such a conservatlv* authority as Brad-
street's stated on Beturday that the Geor
gia crop le In * critical condition, lb# pres
ntre that auddenly developed proved at
*nre htat suddenly developed proved an
ells*.
short* covered, but there waa .not
buying to prevent genernl lliiuldn-
tlon and the lower prices.The undertone
did not hive mneh etrength. and for tf
time being lower pride# may bo recorded.
THE SUGAR MARKET.
By Private Leoaert Wire.
New York. July B.-Loc*l r*lln*d «n
raw augar steady and unchanged, lamdon
beet market Arm; Jnly and August 8* 6440.
Chicago, July 23.—lings—Estimated re
ceipts today.- J7.000; market etroug to 6c
higher: nnnllty fair: left over MIA Bulk,
Sftlel.lV. estimate*! for tomorrow. ” -
om lJgtd.'».K)e8.*0: mixed. W-4W,
r7^i:Tr“^.. r0 5fS^y>T^ P '
Ch C*ttl>57hi&mit<ra receipts, 56.MO; m
ket ateeily to 10c lowar: quality fair.
Beeve».lZ06414.40; rows
era. 82.40ft5.40: calves. 35.0005.75: .fond
prim* steer*. B.I6«*.40;.poor to. medium.
NEW YORK COFFEE.
PoMowtfgU{Jven.the5penlM.nd clorin.
nttotJttK
today:
January
ftbruar
SjJv.
AHflWt;.
September
October.. .« .
Xi»v«nt*r
pwemlH»r. . .
Cloeed ateady.
Opening
Ranee.
....7.0*7.15
T.W
.. ..7.1*7.20
, ...T.25
....7.2*7.10
*.* .Mi
.. ..6.5ft
;; ;4?m.;5
.. ..6.10
....M0
Cloae.
«*S
7.65-7.10
7.1*7.20
7.2*7.*
ip
6.15-4.60
SS2R
A804.M
By Prlrats Leaied Wire.
New York, July II.—The security
markets were confronted today with
quite the moat serious aspect of Rus
sian affairs that has ape pared for the
whole'two years during which the
trouble of that country have been
prominently' before the world's atten
tion. The view commonly taken
throughout financial Europe was that
th* dissolution of th* douma rendered
more Imedlmtely probable than ever be
fore the long-awaited revolution, and
with this Idea prevailing, what, con
sidering the previous dacllne, was the
worst collapse witnessed, occurred In
Russian securities thla morning.
Russian bonds fell 31-3 point*, while
the discount on the new loan rose I
points to a figure of 10 cents The
British console dropped 1-4. French
rentes and other government securities
fell about a like amount at the gen
eral, markets at London and the con
tinental cities. American stocks were
down 1-2 to 1 per cent. In anticipat
ing heavy selling from the other aide,
our market opened off corresponding
ly. Sales for foreign acount and local
realisation continued for the first hour,
but the stocks ware readily and even
eagerly taken, and when the presaur*
lightened, a* It did by the middle of
the morning, price* rose briskly all
around.
That an exceedingly broad and active
demand waa preaent, and that It no
longer *o largely, represented short
coverings, were fact* beyond dispute.
In the stock market the fresh com
plications In the Ruaalan situation
since Saturday were reflected on a
moderately lower range of prices In th*
local market at the opening. Initial
notations showed declines ranging
rom 1-2 to 1 per cent.
After the opening trading th* market
showed 10m* disposition to rally, but
the tone still remained heavy.
The grave character of the new*
from Ruula aroused weakness In the
market at the opening, but h*avy sup
ply on the Initial decline* waa quickly
and eagerly absorbed. There Was good
buying of Southern Pacific.
Price movements were of a moil Ir
regular character, decline* ranging
from 1-2 to 2 point* In th* first few
minutes, being followed by advance* of
1 to 4 point*. At th* end of the first hour
nearly everything on the Hat showed
material gains over Saturday's closing.
About 20,00 share* were sold here for
London account
Governments unchanged. Other bonds
steady.
RANQE OF NEW YORK. STOCK MARKET
Amalssuated Copper
Atlantic Coast MS*
American Sugar Redoing.
Auamnttrt
American Locomotir*
do preferred
American Smelting limning
do preferred
Atchlaon A
do preferred./...,
American Cotton Oil
Baltimore and Ohio...,
Brooklyn Rapid Transit
Canadian I’acldc.
Chicago and Northwestern.....
Chesapeake am'
Colorado Fuel l
Central Imthcr,
do preferred.
Chleago aud Great Western..-
Chicago, Milwaukee and Bt I*aul
Delaware ami llmison....
lMatlller'a Securities.....HMOT
I.'rln
do preferred
General Klectric
Illlnol* Central ,,.
tsssa8! js fesTrfc.v^
tew York, Ontario and Weatern
iatlnnal Ie-.nl
torthern 1'tclHc.,
tew York Central
Norfolk aud Weatern
issasi”©
Btoefcar
do. Drafarrao
S rcIHc Slall
r P tt Bew,:::::::::::::::::::
Rock I aland
do- preferred..
United matea Rubber
do. preferred
Southern Pacific
Southern Railway
do. preferred.
Stftaa-fchefflajd ,\
Tennetaee Coat nnd Iron
Texna nnd Pacific
• nlon Pacific
lulled Hta tea Steel
Vlralnl
, It-Carolina Chemical
\do. preferred...-.
Weatern Union
Wabash
do. preferred
Wisconsin Central
do. preferred...*
total stock aal— today, toiofo aharea. r ,.
RANGE OF THE COTTON MARKET
AJ NEW YORK.
Th* following ll ttio rang* In cotton
futures lu New York tcdnvt
Lint Previous
Open. Itlsh. Low Halo clow. Close.
July . .16.08 10.08 10.01 10.01 10.0048 10.00-11
Aug ..10.10 10.10 10.01 10.06 10.(848 10.1416
Ben ..10.11) loll 10.14 “
Out ..10.28 10.30 10.17
10:3435 M tf ;$§ m i?:i! m |
..... 10 * 37 10.41-47 F*h Ill
Muh ..10.61 1161 10.44 10.00 10.44-48 10J648 Ucb ...... 10.1
Closed ateady.
TIPS FLASHED
From Wall Street.
LONDON STOCK MARKET.
STOCKS—
Anaconda
Atchlaon.
Canadian Pacific ....
Chic., Mil. and 8t l**ul
Krle
do. preferred
fill no{& Central. . ...
fsonlarlUe and Naihrllla.....
New York Central
Pennayleanla
Hcndlnff..
loutbern
'nloti I*a .. ..
Jalteil Hta tea Steel.,
do, prefarred.. ..
ATLANTA MAPKETS.
FRUITS AND PRODUCE.’
Officially rarrectad by Atlanta Fruit tot
iJaira 60 tu 76c. „
I'earhes, par crata, 60c to 81.00.
S neapplea, 11.64 to IX80. i
uauaa stralgbls, bu»«h IL60 t*
i,e&rr5n!! , &^<»: 0.-
SSVff agiB
to*?? peddle d " CU ’ - -
pressed bene, per lb.. 128 to
Eggs, per duaen. tt.to 18c.
IHSr: tabW per
12e.
, 1^**0' to 2218c; rook
Joney-New lb.i la lib. rack* 18
®VBOBTABLM.-lrlah pntatoea. No. 1
to 81.25.
hel, 11.40.
hnahel, 81 to tl-».
GIBERT & CLAY
- ALABAMA BT.
STOCK*. BOHOi.
COTTON. OK A IN.
comtsaovtatoK*
ATLANTA. OA.
K — Jwk Bto-k
l°rk Cette*
York
„„
Cberrlea. 21-quart crate. 81.50 tnfLTi.
Cantaloup*-., per Crete, It to 81.50.
Hlarkl'emre IV to Me nuarL
Dewberries 18 to 1*1ae quart.
FLOUR, GRAIN. PROVI8ION8.
ri-OL'B.-1'ostels Elegant 88.10; IMninond
r ntent, 16.75; fancy pateat, 84 M; Blue Rib-
Sou. 84.10; fancy, 18.80; apriag wheat
p co1{n! -t.'hnfcerad cob Tfc: N*. 2 wklt#
lie; No. 2 yellow 1*c; mlxed Ttc.
™- - Plala water ground, .per
I 140-lb. Jute*, per be«l
„.ilte, 8L40: nwllnm Si.8S;
81.80: pure bran. 81.15; m*8en bran. ......
IIAl.-TItuotky. ch-ijo- large nalw, *bl0:
do., choice small bele. 11.14: do.. No. J
timothy lie tea. 8i», de.. Nc. 2 81: do.. No. 1
etorer mixed 81.08; do.. No. 8 closed mixed
CLOVER.—Choi*# 80c.
The above prices are f. e. b. Atlanta, and
•object to Immediate acceptance.
8IIOAR.-Re*nd*n?^iM?iit*d le. New
York Rodoed 4>, to 4%: idnnutloea 46* to
, '&KFy£.£lto*eE5 r ‘ Arl.eckle'a 115.H:
bulk, la tiago or IrarrelA lrltc; green 18 to
, ^tlCB?S'Sn)«M B 4{i to 714e, according to
*?HE K8r"Kocy7olf* rreimde Iry, 1414*:
Dots
haoia ll'jc Callforala ham a ISlie: Red Cross
luma. 15? Dry salt extra rib*. f».76: lietllea.
2*4 lbs.. 817.2s; fat beck a. a V: plates. I1,c;
"Whil* than may be eom*
r roflt taking today In our ntoel
bo death »f Bussell Bag* and
ry violence* reported In
re the trend of tbs actlre list Is up
ward, as atnted early laat weak, and we
continue to recommend purehaee* of
good stocks on all fair rectatlona for
•onnhle returns."
Marshall Bpader A Co.: “Today's market
can sadly redact eom* disconcerting senti
ment, but w* do not expect more than a
temporary break."
The I/ondoa security merketa are d*.
moralised hr the grar# Ituaalaii news
A dlaUurtly better feeling hu developed
St the stock exchange and the worst of lbs
liquidation on the nows from Bt. Peters
burg seams to he over. The fact that no
K rloui outbreaks hare been reported. Is
rorablc. I Mac,rant un the new loan fell
*°pSi I '«ires: 1 "tintelan 1*08 'bonds have
dropped 8 potato on the bourn* end are
•till falling •• n result of tbo crisis lu
the Kutalnn situation.” . _ .
Benllment Is more bulllab In New York
market. Kmna tradera predict a boiling
market before tb* week end.
Wire to Ware * Leland.
York, July 28.-Lnndon wank, 14 to
14 off on fears of a revolution In llnasl*.
Itnascll Hage'a death may create Barries
t for'some time.
Iraok for an nnaettled and ferorlnh mtr-
ket with tienr driyea on the active atocka.
Id ' consideration of the farernhle trank
statement and Bn# crop reports, howerer,
look for a strong anpiiort to b* axtended.
Decline* not near so great at many
thonalit would be the cane, and the mar
ket atiow* rallying tendency. look for
,t Pjm*n* a 6fS*. t bought 5.(k» Bonthern iV
cldc; conaldered good buying.
Dow-Jonea anmmery: American atocka
In London weak, 14 to 4 betow parity.
Fifty road* for oecood weak July show
average gross increase of 1178 per coat,
"desolation of doama cause* fear of re*o-
Intlon In llusaia.
* - mated Copper earnings nearly
AT NEW ORLEAN3,
Th* following la lha rang# In cotton
fnlurea la Naw Orleans today:
Laat Prerlana
Open, ttlah. Low- R>l*. Clnae, r.’lna*.
a«; ::p iL^ i«-»! !J:S
SS, :.!S:S »* »•« »53
Cloartl at«ad)r 9
STOCKS REVIEWED
BY NEW YOlftK SUN
Now York, Joly 83.—Tho Bun saya: "The
I'l. \ "I II"- hI"--L 1ii"I I"-' hi-' u ".'I,
waa manifesto,liy on tba Improvi'mcnt. At
tho cloao nr the week .precious a distinctly
better feeling wa* erldent both among
•penis tore and those who look at Baa acta I
affairs from a broader point of vlowt and
thla feeling Anally rams so la prerail
that Ihe etnek market herarat stronger
|aa tha succeeding week adranced. Indeed,
■■■^TMt that crer since the|
■■EMM
uii-nt of the stuck
ward. The forwent mnren naa nor peed]
undertaken at an extremely lively rat*
and there bar* been namerona rrreeetoon
and liackluga and fllllng*. Yet It wan
noticeable 00 each ooe of thee* reaclloue
the roiume of trad* wna sharply contract-1
led—one of the aura signs under such Hr-
enmatancea of n enld out market, and IBS
riser, looking track orpr |
NOTES ON GRAIN
Pointer* on Provision*.
market, and It to
tM Itafoa wotko*
the recent dcpreanlonilii tk* market
anted In that excited Mlllng of atock*
which marked the ecealon of tha exchange
laat preceding the Fourth of Jnly holiday.
— Ban k'raerieco earthquake gay* the
of rery rich peoplo.”—
r ihre* Mg Ilf# Insurance com-
panic* of Now York had a decrease In
seatneaa of orer •lil.mo.OK).
Attorney General Mayer to prose
"New* Yorit*"expecta to get pert of the
111 offering In tho open. mkrket In Urn-
“'hr rah In'* returns ahow winter wheat
yield probably tb*. beat ever grow*.
Bussell Bag* a death not expected tc
cana- any dlaturlrance le the stock tnar
"Viemand for wire product* greatest la
th# history of tb# ilw trod#.
All national banka biding 108.1# nr better
for Panama Imoda will Ira designated a*
national depositories. , e
Twelre Induatriala adraneod .8* per rent.
Twenty.flr* roads edraneed .38 par rent.
In banking rirries this morning an feel
ing Iff alarm orer th* RuaaU* rituattou
found expreaaloe. The grarlty of tbo atoto
of affaire waa admlttad, Irat It wa* not
betlerpd that It wa* anfflelantly grave to
offer oertona check to. tbe lmpeoT.ment of
bust nemo and finance In this country.
t'onaola today, 17 1-18; Batorday, 87 3-18.
B^toT totUy. 86.85; H.torday, 8*821*
STOCKS^AND B0ND8.
fe£J&S:s==| 1
do. eecond Income.^B
Ido. third Incom..#
lAmniera and Ba'ri'unah
SaffWtewi:::::::::
l«" CTand A. tat
1
MARKET TYPICAL
SATURDAY AFFAIR
New Orleans, July a.—Tha cotton mar
ket waa a typical Haturday affair, with
tho ring fairly acllre during a short period
of tlmo only. A decided Improvement In
cotton licit weather rondltloua dissipated
aorne of the abort Interests' apprehension*
for th* moment, while tb* belief that th*
torernmeat crop report would fevor Ihe
bull for the reason that all of the rein nnd
vary little of tbo eanahln* will be taken
In accodnt. re-encouraged the long aoffl.
elently to neenre a steady market on email
trading. Bat tk* tendency was downward.
Much of the abort Interest In the now
crop li mad* rap of hedge a*let agnlnat
•pot delivery contracts, and Intrrant will
not anally be driven to sorer. Meanwhile
^ July position la donnaat, and nalasa
1 la *hh unhedged actual cotton In
Orleana new held for tender on tb*
midsummer opening, there will not likely
he any firework* la connection with tha
final liquidation thereof. On. tb* wash
th* New Orleans price lost 6 prints on
the October option and 118c on middling
spots.—War* * I-eland.
SOUTHERN EXCHANGE
Oldest Establlahed Office South.
COTIOX —STOWS—BMDS—GB4IK
Ground Floor Gould Building. Dally
market letter nnd market manual
mailed on application.
L J. ANDERSON & CO
Bankers and Brokers,
COHON, STOCKS, 6BAIN
Correspondent's Capital $250,000
RtnngNCC THE NEAL BANK
PHONE irarr. PKUOENTtAL BLOC
Private Wire to-Qlbert ft Clay.
Chicago, July 18.—Little talk her* of
damage to Oregoli wheat.-
Wheat not acting strong at the open
ing, and no eigne of good buying. Th*
crowd Is Inclined to fight shy of the
short aide.
Looks a* If wa ought to get a little
rally from around 78c.
Onto steady. Boms nailing of Sep
tember and pecember at the opening
by commission houses. Fair buying
of May and Beptamber by locals.
Provisions ateady to n shad* higher
than closing prices. Some commission
houses sailing lard and riba. Clan* of
buying good and looks aa If the market
would do better.
Inter-Ocean: Kgport sales bt 240.000
bushels of wheat war* made In all po
sitions Saturday, and possibly more
buslncaa waa closed, but th* details
were not pecurable. New York did a
big business In No. 2 red. There were
■aTe* of 104,000 bushel* at th* gulf and
41,000 bushel* at Duluth.
Bales of corn were 100,000 and oats
100,000.
Cash business In Chicago Saturday
wa* 10,000 wheat, 600,000 corn, making
1,000,000 bushel* In two day*, and 160,-
ooo oat*.
Charter* war* for 200,000 corn, partly
at 114c to Buffalo.
Moat unfavorable crop reports re
ceived Saturday from the Northwest
cam* from Whallon, Casa ft Co., Min
neapolis. They had report* from their
men In th* country which make them
believe there ha* been a great deal of
damage to th* crop, not from block
rust, but from other causes, particu
larly red rust. Th* latter Is so thick un
th* stalk that the plant seem* to be at
standstill nnd I* gradually losing
Ufa. The black rust scare le not re
garded seriously. A banker at Whqa-
ton. Minn., report! damage from red
rust and say* tha wheat plant I* mak
ing no progress.
The state board of equalisation of
the state of Nebraska shows th* fol
lowing amount of grain In farmers'
hands, there being about 8,000,000
bush*!* more old oorn left In the state
thl* year than th*r* was last year at
tha *am* lime:
Thl* Year. Laat Year.
Wheat, 4,467,180 2,806,628
Corn 68,866,176 48,848,841
An estimate of the world'* wheat
crop I* made by the Dally Trade Bulle
tin, showing a shortage of 78,600.000
from last year. Thl* I* small, aa for
eign auttmfltto* »*y It I* 160,000,000
to 200.000,000.
Wheat Incraaa* 1,607,000, com In
crease 010,000, oats decrease 721,000.
Private Wire to Glbert ft Clay.
Chicago, July 21.—Thar* ha* been
good buying of wheat on th* way down
,y Wrenn.
Th*re I* a guess by do** observer*
In the pit that Llchstern has taken a
line of wheat.
Minneapolis wires: "Weather Ideal
over entire Northwest and Canada foe
growing crop*."
J believe wheat and corn and oats are
n purchuse on this break for a good
turn.
Record-Herald: James A. Patten
wired: "I predict that Houth Dakota
will break all records In th* raising of
weathetr conditions for wheat are all
wheat, com, oats nnd flax. The
that could b* asked—dry. clear nnd
warm. Cutting wheat will be genernl
ugust 1.
Considerable faith la bring placed In
the belief that, should thl* country sell
a large amount of whant for export this
year, which seem* possible, there will
b* a substantial advance In values.
This I* the period In the crop year
- i. -i - n'-i »r »i" i- in n 'ii-
advantage nnd tli- nva MPN
tins things pretty much hi* own way.
Plentiful supplies of winter wheat are
a rsallty nnd still more plentiful sup
plies of spring wheat a decided antici
pation. The merchandise Investor or
speculator who ran correctly analya
Ihe possibilities of th* situation ha:
WHEAT OPENED
AT BETTER PRICES
Due Principally to the Un
settled Political Situa
tion in Russia.
BUYING WAS LIBERAL
At Close a Decline Waa
Shown as Compared
with Saturday *8. /
By Prlrats Leased Wire.
Chicago, July 23.—There was a fur
ther early decline In csreal* on c-lllng
by longs, but eom and oats reacted late.
Dcllnee Wfr# established of l-IOl-tc In
wheat, while corn was up l-20l-4c and
oats gained 1-401-tc.
The big offering* of naw wheat by
th* southweit, coupled with the better
crop report* from th* epilog wheat
country, overbalanced all else In. th*
way of new* and clrcumatanoaa. Tha
ehorts bought wheat early In order to
secure profits, but they sold later.
Primary receipts of wheat 1,048,000
bushels and com 611,000 bushsls, com
pared with 1.031,000 and 642,000, re
spectively, a year ago.
Clearances were 01,000 bushels of
wheat, 10,000 bushel* of com and no
oats.
Sample wheat unchangtd. Com and
oats t-3o higher.
i Export sals* of wheat wars reported
by Chicago and Duluth, aa well aa New
York, hut amount* ware kept private.
Provisions dosed unsettled. ,.
CHICAQO GRAIN MARKET.
WHEAT 1 !"'
c6bn-
jly..,..
High.
7814
Dee..,,
h £
8 rent opportunities before him. When
i the proper lime for each to enter the
market?
It ha* been a long year for tha crop
killer. Ills plan* went so much awry
on the winter wheat crop that he must
have phenomenal good fortune In de
stroying th* spring crop to gat any
thing Ilk* a favorable average from a
pessimistic standpoint. Ilia time to
growing abort as each day Is carrying
Increasing area* bsyond th* danger
lint.
kept....
Isc...— .
PORE—^ ’
8|
Jib.... II *4 14.44
I.ABD-
S& i:H
HP*
9.00
£
a
47
P
II 75
17*
14.40
if*
5.90
&
«TH
% i:H !l
!»
4«%
m
M
9.1ft
9.IS
8.90
WhMt
Corn ... ... ... ••• ••• 244 ?•*
Out* 143 1(4
Hog* ... 17,000 17,000
LIVERPOOL DRAIN MARKIT,
Wbont op#dm H to H low#rj 130 p m.
44 lower; eloMt) % to % lower.
Coro oprnrd him IihukM to lower; 1:90
p.m. .unrhaogad; doe<'U uochaogo<l to
nig bo}.
PRIMARY MOVEMENT.
i and corn:
Wheat—n#<*eipu todu LW.W) l>uth*!i
. -
bnahol* rear.
Corn—lt»6*i»fpt» Coder 573,000
egnlnsr l>n«fiHs mat jet
Against 1.421, hnahnia lost year; - u
fiimtM today 314,0*0 bushels, agnlnst 072,
NORTHWEST CARS.
The following figures glrs the northweet
cere today, laic week and leet year:
fait Laat
Today. Week. Year.
IflaAaapftttf ID *1 217
f (ninth 11 47 4
Chicago %Z 317 217
LOWRY NATIONAL BANK
CAPITAL, SURPLUS AND PROFITS
OVER ONE MILLION DOLLARS
Foreign Exchange, Travelers’ Checks, Brown
Brothers’ Letters of Credit available in all parts
of the world.
CENTRAL BANK & TRUST CORPORATION,
CAPITAL $500,000.00
If you contemplate opening a ntw account, or changing your present
backlog arrangement, and wish to connect yourself with a strong, conserv
ative bank, fully equipped to servo roc as your business J rati flea, we
Invite you to call aud talk tbs matter over with us.
Asa O. Candler, President.
W. H. Patterson, VIoa-PreaidanL A. P. Colaa, Caahlar.
John 6. Owant, Vlea-Praaidant. Wm. D. Owtni, Aaat. Caahlar.
-- i BtiiTrma lar*l, *>.75: B
. , , rri'«w «■"*Lxcuan- ' FAGAN, Mananar. Drift rorapousd, TV;
«•*! and Lang Dlstone* Talaphon. 5298. «• «• "
K>-l I'r.raa. lOr. Buqw
Qrltaut.
ware: a leland
COTTON, CHAIN, PROVISIONS, STOCKS, '
.BONOS,
few Y$rk Csffss
KtMBIKS:
Sfctaa, CoHm L.bre. . .
(affd tiifoiUff. Nfft 1»rk Co'ftr ItcHajt.
JSHJimm Z u,\. 8tw Oritttt. Okay.- «. c cojutiw. vBjjm.
rat* f742. 3rjp«ft/# ra««f 2
farftaafr.
M Uckaay
WM. La r*SU Prwl4#at.
• BOBT. r. MADDOX. Vlc^Pres.
THOfi. 3- PEEPLES, Cashlsr.
JA8. O. LE8TEU. Asa’t Cashlsr.
MADD0X-RUCKER BANKING CO.
CAPITAL $200,000.00
SURPLUS AND PROFITS .... $500,000.00
ACCOUNTS INVITCO
We Invite accounts of individuals, corporations, banks
and bankers and offer the beat terms consistent with
conservative hanking. '
In our Bavins* Department w# allow Interest at the Rate of 3 1-2 per
cant. Compounded Semi-Annually.