Newspaper Page Text
TTIJTC ATLANTA GEORGIAN".
EDITED BY
j JOSEPH B, LIVELY
""X \fr. Urt\y*§ 3J ywri' experience
THE GEORGIAN’S RECORD OF MARKETS AND FINANCE BSHHHS
IS m LIGHT
y e ws Influences Have Chang
ed Very Little the Last
Few Days.
fluctuations SMALL
Tendency Toward Lower
Level with August Show
ing Most Weakness.
Th* cotton market haa ahown a
downward tendency today, August
Living the greateit weakneaa.
News Influence! have not changed,
Ido crop proepecta In aome aectlona
being reported aa brilliant, while 1n
Hheri aome deterioration la reported.
fluctuation! have covered a narrow
nnre, with buelneaa very dull.
Ur Price haa lasued a condition cir
cular! complied from* 8,344 replies of
an average data of -July 13, aa fol-
k-The average condition Is 71.2, aa
ualnst a condition of 74 reported by
m correspondents last month, and 89
Ibis time last year. The fact that the
condition la only 2.2 above that re
ported by my correspondent at this
Urnc last year speaks loudly as to the
effect of the recent rains. The crop Is
reported on an average twelve days
kte, and for this reason It Is more
tiun aver exposed to the vldsltudes of
tbs weather hereafter. It Is notewor
thy that while the condition In Texas
and the southwest la better than last
rear, the condition In the Atlantic
lutes and Alabama Is decidedly below
that of last year. Many of my corre
spondents report that should hot, dry
weather now follow the execesalve rains
which have been general throughout
the South, the result will be a very gen
eral disaster."
In the late afternoon a covering and
bull support resulted In advancing
prices In some options sharply above
yesterday’s Anal figures.
SPOT COT1 ON MARKET.
Atlanta, steady at ieu-lfc.
Sew York, quiet at 18.90; sales 101 con-
inmntioa.
New Orleans quiet atlOfcc: delivered
on contract 1,100; sales a 225.
Liverpool, quiet at l.01d.
NEWS AND GOSSIP
Of too Fleecy Staple.
Prime Wire 10 Glbert A Clay.
Price Issues a report making coo dittos
7L2 trainee 74 last month.
Journal of Commerce: "There were more
buyers In the dry good* market for the
d«y sad trade was quite ae good ns on
Monday, Many of the weetera and south-
Jobhere are covering for their needs
OPENING PRICES
It wee a week ago. and an advance In piicee
has leooened the interest of Chinese factors.
The yam market la well aoM for tke next
two montf- ||m
deliveries
situation.' 1
New Orleans, Jqly K—Liverpool t to
down la a shade better than expected,
decline of S points being due.
Una man wires from HR
ire Ideal in that section, but too
much rain in spots. Cotton la clean, well
worked and fruiting well. West Texas,
It standstoday. haa beat proapecta it
its
worked nnd fruiting well.
hap bN^MPMVW
ther ideal the poet few days.
Today's map la again excellent: light
having fallen on the Atlantic
history. Wet
Today's bjl,
showers only having ft
coast and in Oklnhoir
tha cat
cloudy,
The market snows a alight impro
on tha opening, in sympathy with better
Liverpool. There does not appear to be
any natural strength, however, and bear
>rononnced.
__Jcatoa generally
fair tonight for Louisiana and probat
showers tomorrow. Partly cloudy weatl
S r eastern Texas and showers probal
tha balance.
The eastern forecast indicates fair to
night except showers on coast in Booth
Carolina and Georgia; balance of eastern
belt fair.
A personal friend wire* from Entaw, Ala.
Prom here to Mountvllle, 25 miles, cotton
In perfect condition and well cultivated;
aomo^panlng, with prospects for a jumper
Private Wire to Ware ft Leland,
Liverpool futures opened quiet 2 down, at
12:15 p. m. 1 to 2 down, ton* steady. Spot
aalea 1,000; 2 down. Futures due about S
down.
The New York cotton market opened
about uncabnged from last night's close.
Trade light Commission houses and local
shorts bought a little cotton. Look
quiet, steady market today.
‘ Liverpool cable: “Market steady at tha
eel Inc. No proaaure to aelL''
Theodora If. Prtco makes the con
for^ cotton 7L Thia la 2 per cent
The*net stock of cotton In Naw Orlaana
is 32,141 bales, agaldat 48.827 nt this time
lost veer. The amount of cotton oil ship
board Is 12,686 balsa, agalnat 25,218 last year,
SPOT INTERESTS
LIBERAL SELLERS
LIVERPOOL COTTON MARKET.
1206 p. in.—Cotton,
g*t ijn'l.t, wf&'erfcoa reel.;* ml;IfiUng ap-
I-trorpnnl, July
• with y... .. -.
4.01,1; sslos 8,000: America u 4.000; spoc-
ianni«.wuj wuea o,wv; auwiiwh '•T'
nlsttoa and export M0; recslpts 4,WO. all
American.
Futures opened quiet and steady,
c opening
Sanaa.
My J., ..5.75
ItW...': tifg
fepl.-Oct.
Previous
Clots. Close.
6.76*77 5.77
f:S1:S »•*
5.584.60 5.604.00 5.M
.0.(5
1.664.60 0.57
Jfav.dtec .6.55 5.06 5.604.17
I*. Jan.. .. . ....645 5.55 6.604.67
Jan. Kch. . . 6.50 5.66 6.574.61
frb.-Marcb 8.68 5.60
■March..
arrh-Aprtl. .
Cloaed firm.
TODAY’S PORT RECEIPT8.
sarnnnnh
Ckarluton. . • •
Wilmington. . •
1217
J!
INTERIOR MOVEMENT.
Memphis. .
•t. Lonlr.
ttarlnniYI.
i‘S
6IBERT A CLAY'S
DAILY COTTON LETTER.
New Orleans, July 25.—Options In Liver-
"xstn displayed a tendency to Im-
1*™''. finally clctng nt tbo loo of n point,
vblli- s,iv» hales changed hands at 3 points
“»«■ Cable news was comaprstlrely
■tree. n» further developments having oc-
nwr.t In tbs Hualaa altuatlon.
Ik* doe* scrutiny which American mar-
«t* manifest In tha course of options
•kroad a, indicative of tbo effect pro-
*^71 by the general politics! aspect of the
joplr* <>f the esar, Is reflected acutely to
p* ''Inning price* of fatnrea. The tppar-
«t r.»ior«lioo of confideneo In the foreign
»Mk*t today nnd the steady covering by
;»*. «lwrt Interest In tb* loen! marker* In
•minimum any de.tr* to resort to bear
EP»ire. On the other hand, the Improve-
■*nt In price levels was hardly rommrn-
•nmte with the character of Influence* at
“nd, the tlda of public sentiment (till re-
pilnln, unchanged. Ideet weather now ex
“t. tnd lww.it, for torn.
‘•I forecast, for tomorrow aro for a
- - i.tlon of the tame with no dlmlnu-
5JS t« the excellence of news from the
bids.
WARE
A LELAND'S
DAILY COTTON LETTER.
, Wotlesn., Joly 2*.—Cotton was atupld-
‘I dull today, and the rang* of price* was
JJti.tn.ij, narrow. Profeoatowl'sestlBent
***m»d to bo more divided than It has
SS. ’WJSS! E
J3' or ‘worked for an advanre, but tke ont-
f 'nb.k did net com* In, even In a half-
•tartfd way.
' ,l>le» were fairly farorsble and private
WJ, 7L«?td that there w*a nopresanre to
to.. ™* save the lore! market a good
“»* on the opening. The weather map was
New York, July 25.—The Sun any*:' Two
things told agalnat tha price, and they were
favorable crops and tbc growing fears that
the Russian situation la likely to bars a
disturbing effect on European trade. It la
true that early In the day there waa
small advanre, partly owing to the fact
that Liverpool price* were better than ex
E tod and heavy rains again In Georgia,
on both aids# of the water It ,r
e been more of a natural reactk
anything else after recent decline. It was
partly iloe, however, to expectation* of a
father bnllleh weekly government, report.
Very heavy mine In tha aaatern licit, eepe-
clally in Georgia, seem to many to give
groonda for such an expectation. Howev-*
that may be. they were certainly dim
pointed, for the report mentioned merely
certain amount of damage,,not la lleorgta.
certain amount of damage,,not In Ueor<
where It w*» anppoeed jp be greateit.
In North Carolina and Tonntaaee, bat
wire houses sold and
room operators, although they sold In aome
cams early In the dev. covered later or
Largo spot Interests •old, having apparent
retnnie.1 selling ,1 nee leading hull tntere*l
commenced to liquidate.- The South covered
to aome extent, but Now Orlenna oold. Liv
erpool bought moderately. Covering both
In New York and Liverpool waa the chief
Tery much there.
rroord^ a price loes oo. the Tley'e trading
because the bear* are gaining recruit*. Llr-
erpool'i unexpectedly good .bowing waa not
wholly traceable to an Improvement, and
mad* the moat of more rafu over tbo At
lantic state* and the absence of senra-
tlonal European cablegram*, but they could
not conceal the real tendency of the specu
lative market. Meanwhile the new crop
oT. #, M'. U b n u\..* a hToVe^n l t n riSrE i S
A vfi"t"h the eloa* of July the old crop frill
have been almoet wholly qnldated. The
sustaining Influence of well-timed support
being remove,!, the .pot market mutt look
to trade demand alone. In the Interim New
(York ha* thought better of the plan to ship
thousand, of bale* of low grade rotton to
New Orleane for tender. Of tho 1.W0 halm
already *0 shipped fully 26 per cent of the
quantity tendered haa been protected and
aome 3» bale* are mid to have been with
drawn because there wia no earthly hope
nt ever meeting New Orlmo* contract re
quirements with It.—Ware It Loland.
L. J. ANDERSON & CO'8.
DAILY COTTON LETTER.
Now York. Joly. 26.-Uverpopl coble* were
again somewhat better than du, thin morn
ing, spot mice being 6,000 bale# at an ad
vance of 1 point. Oar market, however,
opened unchanged to 2 down. After the
opening the bean renewed their attack of
K stsroay. and October wa* pot down to
,14. At the lowerjlovela oomo inpport de
veloped both for long account and abort
covering, and price* rallied back to yeater-
**Tbe dranlnatins factor for th« time being
_>ero» to Be theTlnasIsr. sltnatlou. .the pro-
femlooal element taking advantage D f this
to rid* the market down for a turn. Alan
there Is aome dlapoeltlon to fear the August
liquidation, bnt this Is not generally be
lieved to amount to much.
Mr. Price', estimate on condition waa ta
med et noon, showing 7L! against 741 bit
month. This, while not given any noticea
ble attention. Bad a tendency to steady
price,. Weather newa stlll ahow; re ns
generally over the belt, tb* effect of which
will be felt In time.
favorable, however, and It wy* hard to
shake the faith of the rank and «l* In the
short side at a money maker. Little —
waa abewn anTwhereoverth.rottoi'
on the map and the ™ nr
little* ruin tonlfht inn tomorrow.
F.lr weather wer Tex** was of eonrm
.arorahle to opening and picking of cot-
ton and gave the been courage to aland
agalnat the attempt! ot the ball manipula
tor* to pot them on the rue.
A sensational news feature was the re
ported discovery of the boll weev il In Mon
roe county. Alnliema. Seal pies of the In-
KJt. were sent te experts In thin dy.
Those who mw the spectmens were of the
tut tney were not boll weevil.
!S^Vsb&KS tS>w"J
Hid crop end* will eoon turn all their et-
w«« b no n d*tns»d at ell for spot, la
tfMcDM.
GI BERT & CLAY
'* t ALABAMA >T.
stocks, noNOt.
COTTON. oaAIN
cofrgg,pnovi*ioN*
MCMBgnti
ATLANTA. OA.
Stm ^2?e. 8t0c,t Exchange Nrw Orlenna Cotton Bxrtange , i:ot: „n A»" 1st: n
X.Z l° r A Ex*har.j* New Or *sn« Mock Eremaj*.
*** York Coffss Exchsuge.jNew Orleans Dosrd of Tims |W"
. Private Wire* tenll Exchai ires p«GAN Mananer.
Laeal and Looa DiaUnoo Talephon* 5^98. . W. R. FAGAN, Manaaer.
Disposition Sbown by Some
Interests to Disregard
Russian Situation.
BUSINESS WAS BETTER
Union and Southern Pacific
Were the Market Lead
ers in Strength.
mnrket waa ao placed today aa to promota
confidence without lncr«qae<l activity. With
th« progress of cventa, u Mtmi nearly auve
that the UtiMian situation will not more
•erlouiiy affect the world’s security mar
kets In the near future. Up to this tima
the government eeema to control the alt*
uatlon, though undoubtedly tho criala Is
111 a grave one. Meantime, foreign man
Our own
atrong, and
ivance
market conditions look very
the promise of a further adt
enough to induce wider '
tho <r * *
guch , __
porta of large earnings by railroads and
industrial corporations. Among then*, to
day’* statement regarding the earnings n(
the Sugar companies was a reminder of the
very large fruit crop and activity of this
business. Luring the afternoon, the re*
port that tomorrow's meeting of the direc
tors of the 8t. Paul would be followed by
announcement of an f|Ter to stockholders
of $22,000,000 treasury stock at par, par
tially explained the support to tlieae
^
LONDON STOCK MARKET.
STOCKS*—
Amalgamated Copper.....
Anaconda
Atchison
snsdian Pacific
hie., Mil. and St* Paul...
Erie
do, preferred
Illinois Central. .... .
Loulartlle and Nashville..
B ew York Central. . . .
fading
(outhern Pacific
.Tnlon Pacific
United States Rtcel
do. preferred
17*K
RANGE OF NEW YORK STOCK MARKET
Amalgamated Cornier
Atlantic emit Unt.
America^ Sugar Ueflulag,
American LocoiiottV*:.
AmertaETsSatinflAWiiw::::::::::::::::::::::.::::::
•te iireferred
Atchison
do tweferred
American Cotton OIL
American Cotton oil
Ilaltlmor* and Ohio...,
ISrnoklyn Rapid Tran^t
Canadian 1^16*..
Chicago and .S'ortbweateru
•dorado Fuel tnd Iron
ntral Leather.....
do preferred..
uu
Chicago and Grvot Western
Chicago, Milwaukee and Ht. Paul
Delaware nr. i Munson
Gen
1 111 n
American Ice SecuiiVlM?,
laoulsvtlla and Naahvllla..
Pacific
( ew York. Ontario and Western.,
atioual Lead
orthern I'adflc
New York Central
Norfolk and Western,....-
"Vnusylvunl.t
People’s Gas
Pressed Steel Car
do. preferred.......
*aclfic Mali,
preferred. ...I....
Btatee ~ h
* *n
I! way......
Tenneeeee Coel and Iron
Texas nnd Pacific
Union Pacific
United 8ta*ee Steel \......
Virgi nlr/r 'srrdftm ChVmlrnl.!!.!!!! fi!!!!!!!.!!!!!! i!!! i! i
do. preferred.........
utern Union..
bush
da preferred..
Wisconsin Central
do. preferred... ^»»»«»
"Troial sales of etocae today 764,000 shares.
NOTES ON GRAIN
PolDt.r. oa 1’rovlaions.
pact any help from the domc.tlc altuatlon
— - - ■ —■ihwcst, which te
uatlon It full of
I'rlvnte Wire to Ulhcrt A Clay.
Chicago, July 2L-Klrm Ions to
blc. wld encourage bull., W* <
pact any help from thi
cxcapt a set back In I
unlikely. The Uuealau
the greatest bull po*
might develop which » .
keu *c ru te higher aver night, but nothing
that can give us wore than a drafting de
cline at uniat.
Weather .till clear and hot In most of
the corn belt, and It likely to cau*
more epnrah.nslou than it will tt
harm, list the stand of corn Is vi
sen ami farmer, holding old crop noreij.
Look for blghsr prices lor both corn sud
-It*.
rwnT
lot hero today, but good breeso amt wheat
There la li big ahort Intereat In corn, and
tho long holdluga are In good hands. Ho-
Here corn a pnrchaao In nil positions Ac
ceptance. of roru practically nothing.
Thunder storm, far Mlul.olppt valley
and aorth.ru lake region.; fair elsewhere
and tnw change* In temperature are pre
dicted tor next thlrty-elx huura.
Private Wire to Ware 4 Leland.
Chlcngn, July a—wheat acting Arm, bnt
thl. advance fa caualng a little selling for
thta
with
T7*e
torn!
tbu
O., ,
mission houret, am
adding tu their II
RANGE OF THE COTTON MARKET
AT NEW YORK.
The following Is in* range In cottox
futures in New York tndav:
Lest Previous
Open. Illsh. fjow Hj*i» CtAse.
July. .10.00 10.00 10.00 10.00 10.« '*
•Jit.
ATLANTA MARKETS.
FRUITS AND PRODUCE,
Officially corrected by Atlanta Fruit an4
Produce exchange. .
Lemons, 55.00 to 25.50.
Uuiee 50 to 7Sc.
Poaches, per crate, 50c to 21.00.
Pineapples, 21.50 to 2260.
Ilanaiias, atralghta, ■*-■ bunch 2L
21.76. Culla. per'bunen, 21 to
Watermelons, 27.60 to 220.00
"rouffrUY AND COUNTRY PRODUCB.-
Live hens 85 to 37V(c: friee 22V4 to Kc\
broilers 15 to 22J4c. Live ducks, Pskli
to 85c; pi
per
to 18c.
Butter, tsbb*. per lb., 20 to 22V&c; cook-
in Mb. rack. 10
ft rj<\
stock $4 barrel;
!4Hjunrt ernte, $1.50 to $L7S.
OATS-Cholco white dipped, 68c; choice
white, 60c; choice mixed. 65c; Texse rust
proof, 50c.
prool,
Tv^^t^rw^- ^Tk.re
Hhorta, whit., 6LOO: nirdlou. txX; brown,
21.39; pure bran, 2115; mlioa bran. IL10.
Sfff,
W cr.OVER.-Cbolce 90*.
Th* abort prices are f. a b. Atlanta, and
ibject to Immediate »cc„ritnnco.
GROCERIES.
8UOAn.-8tandaru granulat.il 6c. Now
ork Refined to 4VS; plautatloc. 414 to
Arbncklo’s
714c: Rod Croce, 714c.
8T0CK8 AND BOND8.
Atlanta 4nTlM4 106
Atlanta and West Point... 146
Atlanta aad West Point Debit. 101
C. tt. of Georgia first Income
Georgia 265
Augusts find Bsrsnnsb 116
South western 116 lit
THE DRY 000*08 MARKET.
. »w York, July 26.—Th* dry good* mar
ket was steady, buyert takr.* domestics
end printed good, freely. The export mar
ket was quiet. Yarns were Arm. Advance*
were noted la some line* of grey printing
cloths.
“It's s Giri,” 8*ys Cooper.
It'o a girl,” was th* first remark
Call Officer M. H. Cooper made to Chief
Jennings when the chief entered the
police station IVedneoday morning.
"Weighs 10 pounds, too." Officer
Cooper was nil smiles nnd good nature.
The new arrival Is at 329 Oakland
street, end Mr. Cooper’s brother offic
ers announce their Intention of paying
the young lady a visit when sh* I*
ready to receive.
Off to tho Asylum.
In th* ordinary's court Tuesday aft
ernoon Jesse Stout, an old man from
south Georgia, was tried od a com
plaint of lunacy preferred by hi* wife,
a young girl, still In her teens, and
her mother. Both women testified that
the old nun was acting strangely, and
they were afraid of their lives. lit will
be sent to the state asylum
J.07 10.16 10.07 10.04 10.16-16 10.
Oct. .10.17 10.24 10.14 19.14 10 29-24 Hi.,.
Nov. .law 10.20 10.W 10.W 10.26-27 10.19-10
Dec. .10.24 10.34 10.21 1AM 10.3223 10.
10.2? 10.29 10.17 10.30 37 10.
10.27 38 10.
. . ..... 10.43 10.40 10.46 10.47-41 10.
Closed steady.
iw. niu.gr
J nn. .10.80
•b
isr. .10.40
AT NEW ORLEANS.
C|WM».
TIPS FLASHED
From Wall 8tre«L
I'Hrsts Wlrs to Glbsrt * Clsy.
New York, July 2i.-I)suld Odell * Co.,
ssy; Continued irregulsrity may be ex
pouted in the stock market today, but In
tollowing generally the trudlng principles
we believe the long side is to lie pre
ferred, and would buy storks consorvatlvely
on recessions for turns at least. The Kus
■Isn and mom
peer MllvUtJy
given
•Itlou
the ii
illghtly taprured, bat they must be
careful attention. The technical po
of tho stock market as s whole by
Ire rail
k insi
Ily is
large
•on then
leaves It open tu attack lu some parts.
Uarrlman reported as buyer of S*,0
.a.— pacific yesterday. Msrkst lool
strong.
professional market, bat
is oesi not mi uc short of them.
Marshall, Bpader 4k Co* 6*7: News from
Russia this morning does not Indicate more
serious conditions, and we are preps red for
better foreign markets for Hussion bonds
aa -a **-- 1 *-• the
tbv
tscussloos, sud lb*
Ft, should bo regard
side. The earulugi
k*tanttiBsrte
talk la tweei
f day, to aay nothin,
eae In Union I'aclllc.
none. While certain apacu-
are Inclined to dl.regard
Inatton to s great silent.
governmeut.
rourttttons ok — __ .
ed as sitreuielr favoralile. The earuluge
of the llsrrimau road., puhlla’
were particularly good, and
cltlc dividend talk I. becomlnL — ...
nvery day, to eay nothing of the possible
Increaee In Union
Uptown Hentlmi
{Jff.
th* , „ ... _
•nt banking Intereat* are of tb. opin-
t condition, nre more eeriou. and of
Importance than neema generally
acknowledged. A well known banker, lu
dlacuna!ng the rituntlon, expressed the opin
ion that It will be ImpowHble for the Itus-
„ „ , ■ r. Tie
Here* that a general revolution lo Uu
& s practical certainty, th* only qusstlou
lug when tt will come. In the meantime
he believes that extensive speculative en
terprlees should not l» atarte,l In this coin
try or at the leading financial centers In Ku
rope, lie add. Hut private cable advices
ef within the last fe
ss very serious.
rlvat* Wire to 1
Naw York, July 26.-
few day* from
> firm at ViCH
“^here are bull tlpa out on Uarrlman Pa-
' the Imprrsnton that
Heel* and- Cop
land —
Unt
the
\pr, hi
per* will' do to buy on falr-elsed receaslon*.
Better tone abroad will likely lead up to
aggreaalre Inlying against the abort Intereat.
but ou ahani uplurna believe proflta should
he accepted! ou long stocks, for It is not
Iktly that the market will broaden out,
but be more or lew of n trading affair.
There Is s a Iron I bull pool rn Canadian
Pacific.
Gossip Indicates that th* room element
• very bearish on th* market again. Hali
ng by uptown profeenlonoln
ported; Market lltei '
conservative ogala. .
and off tb* Boor may b# ex pec _ .
stocks today and oppose ImproremsnL
Htocks start oat strong lo sympathy frith
London.
Csnadl
Bsltlm
Isb talk on It
ala l
stature Is alxsd and
Tbs professionals on
sy bo si pec led to Ml!
ROBBED AT KIMBALL,
says w. j. Peeples
W. J. Peeples, of Athens, O*., a traveling
desman, reported to the police depart-
lent Wednesday morning that hi* room
nt tha Kimball boom had been entered
and be wes robbed of 976 nnd a gold watch
While be slept. The detectives are Invsstl-
•{Iris!*(ifftrer White, on dnty at tire
KtmbsU. dlseredltsd the story of the rob-
l"" #le stated that Psepfe* hs.l broil
drinking heavily whsu. he.canw.to the hots!
The fallowing I, the rang* In cotton
futures In Nsw Orleans today:
Oroj.HUh.Low.fefi Clow. Prtt ' ,U *
J& loh »S #T
P :8:S !o:S 1S:S 1“
Nov. .... .. _
Dec. .10.20 10.M 10.12 10.26 1026-20 ttif-19
Jen. .10.22 1022 10.27 10.32 1032-24 10.26 27
ioii io«
STOCKS REVIEWED
BY NEW YORK SUN
New York, July 26.—Th* Hun rays: Yes
terday's market opened with fractional mi
riness In mnny of the icily* Issue-, Inil
. — 1 i-suslug
reactions.
Friedman nnd local sborls tiiiyln,
wheal, strength here Is In symiwthr
coarse nrnlus. Isioks like s sale at
■■■'I vn.
uls«Munt of July wheat under nep
- , dues put glvi) evidence of any pur
nlnr demand fur wheat at the inumeut.
Ing by com-
nls, who aro
nea. Helling moatr
IrsIrcommlTmon house buying of Isril.
Cudahy a buyer and aome covering by the
aborts. Helling scattered. Pork nsgleqted.
later hog market 6ol6c lower Ihtn the
opening. i
^Chicago Inter-Ocesn: Argsntlne* prscll-
■illy fliilthed shipping wheat. American
winter wheat holds the Bald at current
prices.
Th* surnlna of whaat In North America
la eatlinafsd by Jones, of Mlunsepolla, ae
«»,0i)0,0ii0 huahele, so that ther* will be a
comforlahle surplus after giving Europe
■10000,000 bushels.
Cash business la wheat In Chicago Tuts-
■ay wa* confined to ear lota. For corn a
better demaud eilatad, particularly for ytl-
llow, bills being lHc over HepTember for No.
2 on track. I
■ Hales ot all grade* ot corn were 1700001
Us were 169,909 I
iso wheat sold .Mminsr i
Ocean rntea have advaocea equal to le a
nshel ou grain within a week. They have
■sen abnormally low and are now oolnKUm
n bushel on grain from New York to
erooot.
Report from Manitoba asJMHI ■ I
will be |*a days lo two weeks esrllrq than
last year. Present weather conditions
feet. We are suing to hnvo tremei
crop of oats sad barley,"
Dooglnra, of Minneapolis, rays: "W*
must pot forget that th* prlnrlpal Increst*
' i irreege In In durum. I doubt whethei
in spring wheat crop will be no much In
iccss of Isat yrar na aorno people eetl
AshUnfl, Ills., reports rislfi as follows
Out field or onts. 21 busbsls: thn*o
25 bushels; ono field, 80 bushels, sod ouo
i l ’ 'i-.Ii. Im i" r in'll*
Hcsttitnl reports of corn firing nnd need
Ing rnln cams from Jacksonville, Ills.
''Harvest
Mftril
of (ha ;
the tone
was djatlnctl'r
prevailed until nliont noon, when trading
contracted and the market became fairly
firm. Ther# was little of Intereat In tiio|
trading until near the dose, when an effort
was made by some of tho Inrgs traders Co
ores the shorts Into a covering movsmont.
t this, lacking
• Into s covering me
r substantial support
feeble rally. Tilt
a restoration of so
hnr ffprlogs, lows, said
I’erry, lows, reported
jrn unag.
I'soiis wires: “Pnsturngo Is very poor
now and going to get worso rnpMly If no
rsln sr»n. ..They nro fevdlng bay freely to
go'
, _ _ th«
post threp weeks ore getting filled np.
while the pit la carrying the leml put out
ns hedges. !5orly vesterdny the reporteol
puretinsrs were eeld to l«e very light, but
at the clos«» tln*y bod Increnscd to over
600.030 bushels.
NEW YORK COFFEE.
BULLS BACKED
FROM ACTUAL WHEAT
Was on Sale in the Big Pit
on Change To
day.
RESULTED IN A SLUMP
Corn and Oats Closed Frac
tion Higher—Hog Prod
ucts Closed Lowes;
|ny Private Leased Wire.
■Chicago, July 26.—Actual wheat was
on sals In th* big pit an ’change nnd
the bulla backed away from It In u
manner to discourage holders In g*rv-
ersl. Besides the denials of blnck rust
In Manitoba, ss well as to* denial of
general crop deterioration In th* spring
wheat country, a large Philadelphia
house resold 10,090 bushsl* No. 2 hard,
reflecting th* xport situation, notwith
standing the clslme mads by ths bulls,
(■lot* Odessa cable said that th* crop
there Is too far advanoed to bo iluiu-
aged by too preeent wot weather, tt
said also that th* nsw crop will short-
W !>*gln lo arrive more freely. The
■our situation In Ih* northwest *»,
reported aa unsatisfactory. In sympa
thy with th* break In wheat late corn
and oats war# sold downward. Iteatlnx
spots for ths day showed losses of l-4fr>
|2-ie in wheat, but gains of l-IOt-4<-
In corn and 9-991 l-9c In oata ~
2 1-3011 l-lo lowsr.
Hog
products were
Primary receipts of wheat were I,-
609,900 bushels and corn 614,000 bush
els, compared with 1,996,906 gad NMH
. ,000 bushels of
wheat, 71,000 corn and 1,000 bushels
oats.
CHICAGO GRAIN MARKET.
r—
E i t
WIIllAT-
July
D#c
COHN—
July....
Htpt.
Die..
*»AT8—
-■If :
Kept
Dee,.... i
I'OnK-
July... 18.90 18.90
Kept... 17.80 17.2$
Jim. ....
HIDES—
Sfe s ii
laud—
July... 9.26
**>*•: M5
“H..,. 5.66H t.W
t'Afin win:at-
ss
IS
U
«ik
18.80
17.10
5.1
1
g
1-iiM
3 E’k
9.U
9.1714
•S.S7'j
do 7*VqJ7'4;
Isindon was a considerable seller ...
storks In our market <luring th. forenoon,
and I here waa nleo a fair rolum* of ralllug
by Berlin. In tho afternoon London turned
buyer, taking bnrk nearly all tha atnrk thay
hail prerloualy aold. Call money continued
In abundant annply at low rates, and, *1-
ouah ths banka hare lost 21,9*0,090 to thi
h trrasnry alnr* Frtilay, lea* apprabsn
r_ e.-r. j. - j. e ^ IIK. Ol
lanuary..
Fshmary..
March....
April
v.’.r
figure aa a msrkej
8 foreign <
et faclor.
-Glbert A Clay.
IM*
2%
fovembar ........*.■4.1
Jeft in her •. . # • •
Closed steady.
COTTON 8EED OIL MARKET.
New York, Joly 26.—There wa* but little
activity yesterday In cotton raod oil for
somo tlm# after tb* opening of tbo tnarkot.
Price# were firmer, however, with hide I4G
M* up from Monday. Thera was practlrally
ebange In position, as ,locks of oil
• In »#ry alrnag bands, and. off.rlnrs
• light. Contrary report* aie heln, ro
ed regarding th* consumptive demand.
Horn# Intereala claim a good western do.
maud, with a fair .xport Imrineu, while
others report only small rash tradlag for
domestic aad foreign eowemnptl
near poaltlona rontlnue to bold th
ilum over lata months, with Hoptembcr
. _ gallon ovar October. This la conald-
ered quit# aa astenslr* dlffarenca: but, not-
withstanding the fact that It la claimed
that between 14,000 and 19,000 barrels of
new oil will be available for delivery on
September contract* here, th* trade le very
continue about taklog on largo risks on Ik*
ahort side.—Worn A j-eUnd._ , _ *
July
August
September
October
4or ember
‘W.teidy. -Wra:
WELL Fn.LED TRUNK
FOUND BY POLICE
Who ha* Inst a trunk?
Tb* police department haa one wblrb
has no owner. It waa found In a vacant
house, formerly occupied liy negroes, at
00 Gilmer street, Wednesday morning. Tb*
thlsve* bad avldsntly taken th* trunk to
the empty bouse to Investigate Its eon-
tente. Tb* look waa broken off. and th*
wearing apparel tossed about, hat tbs
trunk was wall HIM whoa recovered. It
contained a quantity of woman's fins
clothing, a bag of lemons, whlob ware still
frnh. and a bag of sugar. If there had
been any money or Jewelry In th# trunk, It
had been removed.
Th* police department w«* Informed by
an old negro woman that nh* had round
th* trank In th* hone*. Call Officers Dun-
ton nnd Oallahar went to tb* honra tnd
Vo. 2 hard wii; V!"3'9 ?^3‘Jij
NV 1 nortbaru aprluir 73‘i jv)',*; No.
tfo 7b979i No. S do 7<tf77.
PRIMARY MOVEMENT.
Th* follow in* fifiir«*N show tha primary
movomaut of wbrnt nnd corn.
Wheat—It«*fi|pti toflav 1,509,000 LuahHa,
_ '
614.000 hunhala.
Pofn-.Hnfr|ptf todnr
mralniit fio4.ooo l»u«!iela laat
t<i«lay baahola, agalnat nuahait
laat year.
LIVERPOOL GRAIN MARKET.
Wheat opened % blch-r. 1:90 p. m. >4 to %
higher, cioKed H to S higher,
l orn *-d higher. 1:80 p tn. H higher, rioaed
NORTHWEST CARS.
tan toil ay, laat week
Minneapolis.
Dulnth. • . .
Chicago. • •
laat jaar:
Laat Laat
To«lf»r. Week. Y**r.
CHICAGO CAR LOTS.
Toda». Tomorrow.
25000
27(XK)
Another Live Stock Company.
The Empire Ktnte Lira Stock Aaaur«
«’ ••?,-tny. i.f IM'** WIN x county,
VII Kranted a charter Wednesday
morning. It la a mutal « "n—rn And
tha Incorpomtora ara J. W. Waddell,
•T \ , hr o M Tucker, H.
B. Moore nnd D. M. Kin*
SOUTHERN EXCHANGE
Oldest Estnbllahsd Office South.
conoi—STCCIS—80HDS GRAIN
Ground Floor Gould Building. Dolly
market letter and market manual
mailed on application.
LOWRY NATIONAL BANK
L. J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, GRAIN
Correspondent’s Capital $250,000
acrmcNCK. the neal bank
PHONE MIT. PNUnCNTIAL BLOG
CAPITAL, SURPLUS AND PROFITS
OVER ONE MILLION DOLLARS
Foreign Exchange, Travelers’ Checks, Brown
Brothers’ Letters of Credit available in all parts
of the world.
r Orfaaei.
WARE
COTTON, GRAIN, I’ROV
*». 2 Wall SI., hl.il Sv/fjfaf, tlll.lt. Cl
!0^sk!Fs L s£c N K S D BOND3,
Mew fa/k Cette* hcb»»te.
HlHBttS;
»ge.
tr $ritBle Wiea to hew York, Mew Orient,
MeO Phone 1262.
iMnaaBI PRH
Mew fork Coifii luntnje.
WM. L. PECU Pratldant.
lion I I . M AI *1 *0 \. \,v.. Pro*
Ain’t Cneh'ar.
MADD0X-RUCKER BANKING CO.
CAPITAL $200,000.00
SURPLUS AND PROFITS .... $500,000.00
ACCOUNT* INVITED
We invite accounts of individnala, corporations, bonks
nnd bankers nnd offer the best terms consistent with
conservative bonking.
In our Ravings Department wo allow Interest at the Rato of 3 1-1 par
cant. Compounded Semi-Annually.