The Atlanta Georgian. (Atlanta, GA.) 1906-1907, July 26, 1906, Image 11

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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.