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

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JOSEPH B. LIVELY THE GEORGIAN’S RECORD OF MARKETS AND FINANCE 25 j* eiperlenra Atlanta and th* Routb Brs mode him a rw* ognlred authority lo bis specialty. if editing i trade was fair Here Was Less Bear Pres sure Apparent Than "bf Late. TRADE WAS BEARISH Chiefly Owing to the Fine Crop Reports Now Be ing Received. Bf rrlrate Leased Wirt. _V.w York, July 26.—The cotton market .ready with * fair apecolatlre trade b procrraa a" 1 ! 16W hr* 1 ' pressure than of ktr nlthoorh the feellnit amon* mom tmd- ’ remained favorable to lower prices, Slfflj owln* to the fine crop proapects. Followinc are aome weather and crc H v> received lnte today: Ylekabor*. Mias.—Crop In tine condition, antelibetandlnp lmd weather; with two Ineki more of (food wenthcr will hnve Inert proapecta In yearn. JM«. Bros. cable tin: "Iaincnahlre amply •minlled till middle of September mid even Beyond. Early movement may precipitate ^Shreveport. Ln.—Too much rain elnee laat week: eomplalnU of aheddlny. boll weevil hecomlny nnmerona. Cloudy nnd threnten- lar now; moat Imve elenr wontlier. Jaekaon, MIm.—XVenther durlny past ■reek wta Ideal nnd cotton doing nicely. Huntsville. Ain.—Crop In tills section do le* well. No rnln aluce Monday; need dry ’xew'orlenne, iJi.-Prtvnto advices from Tessa are so distinctly fnrornble thnt no aerloua efTort In made to support the mar ket's more nntnrnl Inclination to decline. Hsilehnrst, Miss—Crop condition finest ever: weather haa Men perfect. Liverpool eeblen: "Bombay cotton gnoda stock Is Inaured for «,000.000 pounda iter- "another Uverpool cshlo naya: “Market talking bearish In consequence very favora ble crop newa.“ SPOT con ON MARKET. Atlanta, steady at lOJl-lde. New Orleans, steady at 10>io. • New York, quiet at 10.90c; nalea 93 con sumption; delivered on contract, 100. Liverpool, quiet pt 6.08,1. Auffustn, quiet nt 1111-160. Memphis, quiet nt 1114c. «. Louis, steady nt 16 15-160. Savannah, easy nt 10 ll-16c; aalra 1,080. Mobile, dull nt lose. Norfolk, slendy nt 1114c. Baltimore, nominal nt 1114c. LIVERPOOL COTTON MARKET. Liverpool. July 2a. 12:18 p. m.—Cotton, spot business moderate, with prices steady middling nplnnds fi.Odd; aaleif 6,000; Amerl rnn 4,200; apeculatinn nnd export 800; re ceipts 3.000; American 100. Future. opened Arm. opening Previous Range. Close. Clone Inly 5.R1 8.77-5.78 8.70.8.77 XI 5.76 5.78 5.74 5.78 5.74 iB ..5.68A.69 5.65-6.60 .5.65-5.63 8.69 NEWS AND GOSSIP Of the Fleecy Staple. Private Wire to War© ft Inland. Uverpool future* opened steady. 2 to 1 ®P» At 12:15 p. m.. 2 to 2 op and quiet. Sales 1.002, spots S up at COQd. Futures due to cone 2 to 2 up. Special monthly crop report to Journal of Commerce says: “Cotton fans deteriorated slightly over the Carolina*, doe to excessive rain*, and Held* *re cramy. No complaint* of flheddlna or insect*. Good proportion of cron laid by.” Tomorrow la notice day on Aufust. Ex* pect liberal tenders, and, aa hnve no place*, will have to sell lone August If tendered. Trade moderately active, outside order* mostly on buying side. Locals disposed to bear market. Wilson offering 5,000 October at 10.21. II. Wilson offering 1.000 January at 10.24 and 5,000 Octotwr nt 10.19. Jones offering 5.000 December at 10.20. Dick Bros. selling l»ecember. Bcblll buy ing. New Orleans, July 20.—Liverpool cables are favorable. They vere due about 2 up on both American markets. The market la toft under a flood of very favorable crop new*. Itellabte people are sending In reports from the Atlantic which are anything but bullish. Local bulla ap- r r to fear the effect of August tendera the New York market Hpots are dull. The net stock of cotton In New Orleans 1* 30.K3 bale*, against 51.006 at this time !a*t year. The nmount of cotton on ship board Is 17,330 bales, against 16,991 laat year. A few notice* have broken July. So far a* we can learn, not over 400 or 600 bales 'iave been tendered. Natches, Miss., wires: “T. Goldman, frr Toms Points, Coupe rarrish, Ixmislan "*■' ; two balea of cotton ot i>ut haa no gin near. Cro Ixwt on record.’* A letter to Thorn * McGinnis from On* tonla, N. C., aays: “Hava been over moat MgkMlMMMMgjmCarolIna territory, STROJUN TONE Due to More Favorable Turn of Affairs in Russian • Situation. ADVANCE LATER LOST Due to Profit-Taking Sales. Arbitrage Sales Esti mated at 20,000. IOIIIH, 4... MJH. of the North and ! dnnt. hough in some sections It Is a to be well fruited and If shedding does not begin aoon we can depend on a very full crop.’* Private Wire to OlberT ft Clay. New Orleans, July 26.—We nave the fol lowing night wtre from reliable central Texaa friends: “Raining hard thl* after noon: we want .dry weather; rain doing damage.** jndlcatei a yield aa largo as year befloro ur traveling representative wires from Fort Worth: “Conditions around Dalian good; had too much rain north of Dallas: drove over part of ElUs county, also Ilell county: no boll weevil yet: apent two day* In fields: plant full of blooms; no signs of weevil anywhere.” Man at homo. while scattered showers oc> Jaly-Augutt. Aajro*t-8ept. sept.-Oct., . . pet.-Nor., , .* Nov.-Dee.* , . Dwvdan Jan.-Feh FVb.-March. . . March April. . doted quiet. .5.52 t „ ...5.60 5.55-5.56 5.66 6.57 6.56 _ .8.62 5.69 6.53-5.60 TODAY’S PORT RECEIPT8. Th# following table shows receipts at the Krw Orieana, Galveston. • • Mobile. . . . savannah. . . Charleston. • , Wilmington. • Sorfolk . . . New York. . . Boati PWla ladelphia* Tmit. .... •rw >S INTERIOR MOVEMENT. Houston. . It. IjouIs. Cincinnati. fiT*** QIBERT ft CLAY'S M „ DAILY COTTON LETTER. New Orleans. July 26.—Cable* were nu ■emus and bearish to a degree In tone. Favorable crop advice* went to the other ■Me, being too strongly an Influence In favor of lower price*, notwithstanding the f«et that the major sentiment, financially. In Uverpool could hardly be anything else bflt bullish. In view of the lnrge stock* of cotton held there. Options were' unchanged to 1 down on close nnd spot sales, 57000 bale*, advanced B point*. Today** decline *»» manifestly In accordance with the le* pjtlmaie Influence* *urroundIng the trade. N" pronounced pressure was brought to 1 — In spite of the fact that crop m... .M^AvUng and grassy fields. ... Tex**, the uniform progress made I* moat Wtlifnrtory and encouraging, nnd some authorities maintain thnt the present rendition Indicate* a yield fully a* large aa the great crop year before last. Were thl* the only difference affecting m v be unreasonable to •s* i . t ~.*'v hnlllah enthustnsm could nowhere find a mot hold, but since there must also be reck- ®hed the well supplied condition, said to extend even through ftentember, of the venters of England, and especially Unraster, and prospects for an sarly ■evement of new cotton, together with the {*vt that this season supplies bid fair to “* nmple for all needs, remembering the .restriction of the eastern trade through •verprodiicikm, it does not appear to be 2 •hdlcai step to tike in declaring that *«vHiie* « ro fa • notf , lively to occur than •aiunrement | D rslaes. • *ARE A LELAND’8 v DAILY COTTON LETTER. 5tw York. July 28.—The sharp reaction covering yesterday left the mar- K*. •*> rather a weakened condition when E£fvs attempted to sell a few thousand y* this morning. The result waa a loss * practically all the recovery during the trading, nnd priew ran bark to prac 2r*."y the low point of yesterday. On the Ah .rt . <.3 w li. »m i iw • nerved to daftj fh.- belt. Central states are clear. Cloudy con ditions elsewhere. Western forecast: Cloudy, with scattered showers probable In all sections except sift Texas and Arkansas. , . .. . Eastern forecast: Partly clondy through out, with* showers Friday in all states «x* cept Mississippi. SHORT COVERING | CAUSED STRENGTH New York, July M.—The Bun snya: The tone of ,lrenath wa, from the covcrlnc of ahorta on Ihla aide. Thla waa prompted by a number of enuaen. For example, the stork mnrkrta looked better to the cotton trndo nnd the Ituaslnn altuntlon lean threat- elllna. Insnrnnee rates here under the new rules will not be prohibitive nnd the natural Inference Is that steadily decreasing stock of cotton at New ^ork will be held with more confidence. Spot interests were buying August and the operator Who has beaded the bull party In the pnst Issued a crop statement of a -bullish character. lie state, the condition at only 71.8 per cent, or nearly 3 per eent lean than on June 18, and only a little orer 2 per cent better than that of a year ago, theae comparisons Itelng mad, with hla own djtures. More- orer, root markets were pretty nnerally Arm, dry rood, reports ere beclnnlnr to more cheerful and the short Interest is ai posed to be pretty heary. • The fluctuations, however, were within moderate llmtta, and It la a fact beyond dispute that ronerally people Incline to the bear aide owln* to the Impression that whatever the drawbacks reported here and there In the belt from time to lime the crop la on the whole dolnx well. - Meantime the Booth continues to sell, and the bnylnc la rather to rover ahorta than to embark In ventdree on the Iona aide of the market. Thi i sup- i dlaturle trade look for further trouble In that eoao try. The Bouth aold here to some extent, but New Orieana and I.lverimol booaht: Bo did well known room traders. Texasopera- tons were buying In New Orleans, The ad vance was by many recorded aa a momen tary rally and not at all tnrprtilac s2ter the went decline, especially aa the short Interest In the room had become somewhat large-—Olhert A Clay. New Orleans. crat aaya: Ths spirit of cantloB la abroad , n n ow th ; P ^ , K n to W ?i U 4y M '^.fflal'r sns® 1S2S5K and tha lielt threatens xwn hut the talent Is not l*t tho date of kllllog frost, sl.. —- sponds readily eooagh thr moment «heex- pert hand la removed. The logic therein fa found first In the absence of Ignorant ■M^culatlon; next, in the aklllfnlneaa of tfe professional In correctly counting the coat and Importance of each and every move, and last bnt by no mAni least. In sixnlticsnce, In the hetW balanced raUtW- shlp of producer and r^>nsnmer. whlrh for the tlme P being haa roht^l spoculstlmi of much of Ita power. Through tha coopera tion of the actual cotton. ma rket. _nild-snm- mer longs hava aucceajfplly prutectej their own Interests, hnt imthlng bnidarinit on a r**al aqneexe has been permitted. On toe other mind, the new crop Interest la more m-arlr oolaed than would have been the SST T m other rears under similar price Influences because of the spot cotton re- •trmlnt developed within recent year*, the trade having discovered that the New Or- ? n Ughay‘ptSbe^wSe • V^dSi bought^tbe m.rtcTup 4 «."m moot the game Is hampered by too many gTth^^raer’to^nnew tadff, safln the event crop prospects prove reasons blv adeouate no great rush on the part of trtrr potwlUstandlag.—Ware ft Inland. without prodortng By Private Leased Wire. New York, July 36. —'The strong undertone was by no menus lost Id this morning'* se curity dealings, but the market felt the weight of profit-taking to a much greater extent than on the previous day, and as result the movement wx* extremely Irregu Inr, some stocks risA*** their previous high point* on the present upturn, wnllo others declined. In general the strength lay rather In the Industrial quarter; In the Steel stocks, which were bought In *utlcl patlon of ■ very favorable three month*' statement due In a few day*' time: In Teti- nessee Coal, Colorado Fuel, Cast Iron and » same r amor Ing, Union Pacific, Northern Northern, St. Panl nnd Atchison, made show of continuing their rise at the open Ing. But realising sale*, which were heavy nt the outset In Southern-Pacific and other :j£ was greatly mixed, wan an incrmsnig nrnient among the pF* fesslonal traders operating for a reaction. Influenced by the apparently more favora ble turn of affairs In Husain, the local stock market opened with a display of ac tivity and prices showing moderate gains over yesterday. With Ihe exception of Southern Pacific, which was down %c, the general list was up from RANGE OF NEW YORK STOCK MARKET Antiilgim AumtI- .in Sugar Refining. AMCSSSi American Locomotl preferred ' After ten minutes trajliig the market olt-tnklng. more were tofore The total arbl trage sales was estimated at 20,000 shares, shares. "oven. tber bonds firm. LONDON 8T0CK MARKET. STOCKB- Atchlson... .. .. «. .. Canadian Pacific..... .. , Chic., Mil. nnd SL Paul.. Brie do. prefarroa Illinois Central. . . . « ... Isoulsvllle nnd NoshrlllO., . Now York Central.. , * . 'ennsylvnnln landing.. _ nth*rn Pacific.. United States Steel, do, preferred.. ., 128 rirant of rotton ■rantt’,1. Whll* th, ralKimM ninot IM- t»rial It was evident that resistance to tensi.^it . * tt | ha | figure. I/Poking trTh. sltn'rion Vm..wlut hrmflly, th. pwllyi Will wln.l np th.nrf.nt &Mxe£s?:f '* *■ ALABAMA BT. GIBERT & CLAY bonds. ATLANTA. DA. corrctPiiovi.ioN* Si York Stock Exchange (New Orleans Cotton Kj^nang«-. ■ c - 0 i t *on A** •••tstlon r — Cotton Exrh.n*., N.w Or .an. Jwr* ■»*2C|uS»S5i Cotton E<r*..pi Coffee Ex. hauge.lNew Orleitn* Board of ira-i n*. I'riv.t. Wlr—'•> »“ ,I * ,, C R# FAGAN, Man.n.r. ^^*1 and Lo-o Olstance TeUphone 5298. ** COTTON SfeED OIL MARKET. Now York, July 26—Th, tradlns wn, axaln mnr. nctlro, but pnrrly snmilstlr,, «ml the fNtllnf wo. Arm, with prir.s show- Inf bnt ollfht chonfo. Tbo later mouth, wore offered more freely, I'ssh traillnr wee qnlet, ai the market nt be prewnt I Itifluenctnl. to enmo extent by epcculatlve manipulation.—Ware & Lelenq. Opening, July.., g August M " itember .. .. *7' . olier November.. .. Jeeembcr,. Sales, 100 September nt at Si. Cloned sternly, ATLANTA MARKETS. FRUITS AND PRODUCE. Offlelnlly corrected by Atlanta Fruit ant Produce exchange, la-mnns, 35.00 to 35.50. Mines 60 to 75c. Peaches, per crate, 50c to 3100. Pineapple*, 31.M to 3150. bananas, straights, u— hnneh 31.50 to 31.75. Cnlla; per boacn, 31 to 3127. W*trrn..'Inn«, 37.50 to 320.09 por 100; de. “poutfritV and rpuNTnv phodocb.- lair* hens 25 to 27He; fries 22Vk to 25c broilers U to HWe. ^ly, ducks, Pekin i to «c; paddle 26 to 27H“. Dressed hens, per lb„ lie to 13c. Kggs, per doien. II to 1''.-. Batter, tablv, por lb., 3) to 2214c; cook- "HaBJfcJWfeto 3-lb. r. SWftT. ( 5® ! Tometoes, per crate, .6c to 31.25. Old Irish potetoee, per ImsheL II 40. Old sweet potetoes, per liueli.-l, |1 to IL26; new sweet notaba-a 11.60 bnahel. Cherries. 34-quart crate. 31.50 to 31,75. s, per crate, 31 to 31.50. s 10 to :2i,c nunrL 10 to Uieu quart. flour, grain, provisions. FI.OUB.—l'ostela Ktrgant 36.10; Diamond netent. 35.76; JlaacantaTe star. 34.75; fancy K 1 tent. 34.75; Mine Itlbhon, 14.10; fancy, (0; spring wheat patent, 35.28 to 15.78. CORN.—Choir, red cob 76c: No. 2 whits 75c; No. 2 yellow 73c: mixed 74c. OATS—Choice while clipped, 52e; choir, white, 50c; choice mixed. 49c; Texas rust P klEAL.—Phiif water ground, per husheL K t bolted 1401b. jutes, per bn«hel. 63c. irts, white. 31.40! tnedluw, 5i 35; lirowo, 31 »}; pure bran, 11.15: mixed bran, 11.10. HAY*—Timothy, choice large bales. tLMt a. choice etnai: bale, 11.14; da. No. 1 timothy Else. »«.»; do.. No. s 31; do.. No. 1 rlovrr mixed 31.05; do., No. 2 closed mixed CLOrER.-Cftrtto ^ . Tb*» above prices are f. o. b. Atlanta, an<] aublect to linmcll.ite ,eee|,tunes. GROCERIES. SUGAR.-Standard grnnnlated 6c. New York Rrnnrd 4>4 to 4Y4; Iiiantatlons <14 to 3 c. Market stronger .. ... „ •OFFER.—Rousted Arhuekle'e 315 60; Ik. la luge or barrels, 12V; green 1J to 1TO. Market normal. RICE.-Carolina 414 to «V4c. according to *CllEEsl;-F?nCT r IuirSSn dairy, lP4e: twins 14c; brick, 14c. Market atronjr. PROVISIONS.-Bupreme hams le--. Dove hanm 1554c. C,llfonsla hams 105ir: lied Cn.,i hams. 15e. Dvr aalt extra riba. 35.77: wile,. 304 lbs., t>6->tSL"KM. We; pPd'«.. STOCKS AND BONDS. Bbl. Asked. VHV, Macon 6a. 1310.. C. It. of Georgia Brat lneo«a*., do. oecontl Ibcoim do. third incom..- .... Georgia ......... Ansnmto and Savannah...... float hveetrfB Oeorgk I'arifl#* 1st* C,. C sn<l A. 1st American Smelting Refining. <b« |>rof•*n fl AtcI1lm.11 •lo preftrred American Cotton Oil. llaithnore an.I olilo Brooklyn Itnplil Transit Cnnaillan rnvlfie Chicago and Northwestern C hem peak* nnd Ohio * Colorado Fuel uud Iron Central Leather •lo proferrod Chicago and ureal Western Chicago, Milwaukee and Ht. l*aui. Delowart and Hopson..,* Distiller"* Securities do preferred General Electric IlllnolN Central American Ice Sernritles Ixtulsvlllo and .Nashville Mexican Central MlNKourl l'aclfle I New York, Ontario and Western ** “onal Lend hern i'liclfic..., Vork Central.. Norfolk nnd Western. I'ennst Ivauln JVOpJe'S I)**..,.,,,,,,,,,.,,,,,,.,, see..., Pressed Steel Car Pad fie iloll Bending Itopubuc Steel ......ft*../. Hock Island tlo. preferred United mates Bobber do. preferred.,.*,, Southern Pacific.. Southern Hallway da preferred. flloss-Hheffleld Tenneeeee Coal nnd Iron Texas and Pacific Union Pacific United BUtes Steel m do. preferred... VIrginla-Carollna Chemical do. preferred Western Union ! wuhant ‘ *" ." I do. preferre*!.. Wisconsin Central do. preferred .' Total stock sates today 923,600 shares. |Clag,PreT. >P«Mi;iHgh|Low | iTselllld ftTse. •••'‘4 ISCisI W M , L*4 127% 1A.\; 12m Ujs 126% NOTES ON GRAIN Polntors 00 Provisions. Z49lt Z47 2I9V4 7>V 7?4 f 70H 114 114 I 114 I 114 | 112 113 14<>V 147 14*; 14*iV H6\ 146H 117fi 117%« 11 TH IKS, 117S| 117 91 iUV 90S 1 91V« 91Si 90M lOOHj 1<»H i«>Si louv*; 100 30»,( 20%| 20V* 20V* I ii«‘* ms n:sj iuvJ n*Sj mC 75U 72 - - IMS 76 74S1 Hg 75S, 74k 184 bO\f P3S, IMS IMS 198 1»7 19| ; r.'*S| 196 nMS 57' 5J iso 1 m iv 67SI MW 61S] 4Mb 88SI .Y-S MS ...| l f »>V* 1011* :s 17S' ITS 1M 3% 215S 213S> 216 i -14S' 2124 I? 57 r.7 I 67 ; 87V. 41\ 4.’ 41 [ 42 | 41% 4"S 7k 784 7fi I 7^4 78 ' 774 187 iff itfS ms IM , 1644 179 | 18) 179 | 190 | 1794, 178 •-'V mi i-.lSl M\I »i24 141 | 14/4 D1 I 1424 14-41 141 ssa sn sni k* Kf h H n m S 20: , 4 sas *3V m I — * 124 125 I 135 XX*,- sx', sx', 1284’ LI'S | 1-9 S KB~ RANGE OF THE COTTON MARKET AT NEW YORK. The following la th. rang, lo rottox future, lu N.w York t<*3nv: _ , On.n- High, l.w 12K C^'"^ July. .10.03 10-ft ».0» 10.03 9.92-96 10.00-06 Aug. .16.66 16.IV, 9.94 9.96 9.9.V96 10.61416 Sept. .10.17 30.-3* 16.01 16.96 I6.064M 19.1616 Out. .10.28 10.26 ».S 30.17 16.16-17 10.33-M NOV,. .19.22 10.3 16.JU 10.au 10.18-19 10.25-27 B: Fell 10.36-31 10.17-39 Mar. .10.49 10.49 10.41 10.41 10.41-43 10.47-49 Cloaml alenily. AT NEW ORLEAN8. i^LWFolUV.X^ ,0 _ ” tt0 ° July. !o!lf' mT io. 1 ft 11H 8 ai I te : : «iffi Si! SI “ Fravlmis . ?Jlrtse. Fib. >I«r Closed steady. TIPS PLASHED From Wall Strcat llim.lnn ellaatlnn re- Iported thin morning .houbl Im followed by briKiilnnlnr nctMty. We-oontlnne mnserra- llvely liulflah, siipporlSd by Infiffmatloii ami tevhulcal randllloua, the latter Indmlli^H broroMaiiMMBManMHill** IT .took market values, which it conditions are nmproving more rapidly tfinu heretofore, and that railroad etirnlug* and ludnstrlal receipts aro Increasing.'* Market may have setbacks from time to time, but look for gradual Improvement. Marshall, flnsden ft Co.; “The news n ports state that the public is not tradlni Imt we ir« lihHmi || mH— we are Inclined to !»e|leve this Is onl s pr.Mnt upwaril movement aleo baa th* ipport mill u|iprovnl of the larger Inter- d*.” Hharp advanee In Ruaalan aeourltlea ra- porteil thla morning, and the poatponeiuent of the Industrial .trike, which waa Axed for Baturday. 5Va think Union Paelfle will follow tha market up; porhapa, lead It. Uptown tmnliment: There I* aillJ rooaji) erafde skeptlel.m uptown with respect to the recent ecllrlty nnd recoveries In «omo of the active stocks. It Is lieTleveil by the ron.erv.tlvc Interests that th* Improve ment In the nuesl.n situation can be only temporary, and that a general overthrow of the government mult com* sooner nr later. It la admitted, however, that If nf- ■MroroMMjHBMMt la nald- IBIflHBSHBSBSSnHi who hare liven very active In the mnrkrt during the leat two years, but who aobl rot some months ego, take the position t they do not wish to sell the market It In view of the large cropa promised nnd tha enormoua hualnero that la I e-Inc done In all llnea throughout th* I.'nlleil Ktntca. On the other hand, they maintain Hint they do not wish to make commit Private Wire to Ware & Inland. New York. July »—Rank rule unchanged. I-ondon V- up on Ainericune. Ruealon 4a up 3 points. Rallroed earning, .how good Incrcaacs, an announcement expected on Ht. .Pent financing plan today, and there ere hull tips on It. te well ea Bouthorn Paelfle, Atchl- eon. Boh them Railway and Bteele. It la rhonght Amalgamated Copper dividend will be recovered qnlckly. There may be considerable hurrah In the early market, bnt an unwelcome feature Is the poor response In bid's for Now Y'ork city bond,. More than likely, advances In stocks will It* utilised for liquidating purpose,, olpe- frible'lcti' 1 ' ,ho " 'oterett uecomo ■- I* » ball tip out on Cbesnpcnko ) ml Ohio from PhUndelpbln tble tnortdi t w ; 1 II he tememliered that there It _ strong campaign on for n higher dividend rate on thf« stock, which I* earning sev eral limes lu execB of Its ralo at preornt. The Dick following will. It Is said, be come active on Ihe long aid* of Cheea- (teake and Ohio. It Is rumored from the boord Ihla morn ing that good btiylflg la taking place In llnltluinrc end (thin, which la not lu plan tlfnl supply, according to reports received from the room. W* suggest (bat this stock la In n pualtinn lo advance gradually to a considerably higher level. H|H-culallva protit taking bn, taken place In Ihe early operations today, Thera I. a tendency among lougs not fn neglect fair return., owing to tbc ttoeslbllltlea of rose- tloti during th* remainder or tha week. PRICE CURRENT CROP REPORT. Cincinnati, July 26.—Hcallercd reports of rnln on wheat In snork; no material harm yet apparent. Fine yield and qunllty. Corn mnklug good ndvnncemeiit. Oats •hort, but better then expected. THE SUGAR MARKET. August 6e 6V1. SOUTHERN EXCHANGE Oldest Established Office South. COTTON STOCKS BONOS GRAIN Ground Flour Oould Building. Dally market Mter l*rd market manual mal/i/1 "7/1 appH-atlon.^ L.J. ANDERSON*CO Bankers and Brokers, COTTOM, STOCKS, BRAIN Correspondent’s Capital $250,000 NETERCNCC, TMC NCAL BANK PHONE MIT. SRUnCNTIAL BLOC HUBBARD BROS & C0„ Sts Atlanta Offices, 219-221 Century Building. Members New York Cotton Exchange, New Or leans Cotton Exchange, Liverpool Cotton Asso ciation, Chicago Board of Trade, New York Cof fee Exchange, New York Produce Exchange. Buxine** solicited for the above exchanges. '/I Direct wire service. Correspondence Invited. Phones 454, Long Distance 39. A.S. Hustacc. Mgr, al*«ut the advance made ye*tcninjr. out market b>*t more. There I* nothliiK eturt 11 inr In Ilf ltuoalan situation, nnd rccelj»tl nln mill nirfbt W,. ffltm r.'.-i that the lonjr »ble will be more comfortable, and that dciilnr* will he entail, compared to whnt advance* might bo. Weather In tho corn belt of thl* *tnto nn«l port of Indiana I* nt 111 hot and dry. We 1" f-i I.IkImm prh The tdg advance In hay frill keep oats stroojr. flt. l'nul wlra*: "Very heavy hall through Cnnndn and at Gretna. Manitoba. Many 'eld* laid bare by the hall." Our crop export wire* from Huron. 8. Dak., July 3: “Wheat filling fine; wenthor go Hecord Herald: Dry weath er In Illinois I* becoming a Tory *erlou* pr.ddi m with lh- li n i.ifii I n- *1.i*. h receipt* hero were elxlern cars, while the normal city ronaumpthm atone st thl* Rea son range* between sixty ami seventy car*. In some part* of the state, according to the hay moo's reports, the pasture* ore •I htff Si ft mot, im oats in being cut nnd fed to live stork. Another effect ~ the dry weather I* to ludm-e farmer* to bind their out*. Imt-nd of marketing them from the threshers, as Is common with the early oat*. The dry weather are** appear to lie confined to central and southern Illi nois nnd western Indians, although tber# are scattered dry wettbor areas In north ern Illinois and psrt* of UIhMm. Il- lliiol* point* sent In a large number' of tinfavornhle reposts on corn condition. Ha hi plea ware, flprlngfleld, thar* Is no doubt that some corn I* hurt, hut do not think It serious. Itala Inis week will put so end to It. Print* Wire to Ware ft Leland. wheat seems to jure been absorbed by couple parties, and It looks as If Nsw York was taking somv . . , . ^A cuticle rommlilion houaes^gooil buyers Th* only conspicuous buying Is'by Va* entlse, who has bought about a bslf ml lion wheat. Ths corn market was easier on Improved jjcathsr^ In Iqwji |ind prospect* of rsjn )ti local long*. 04 !«• * B 'shade wistsr ot\, »«mng t y recelrii " * Humney i Isool- iiow; oat*. HEAVY EXPORTS - HELPEDTHE BULLS Wheat Closed Higher and Corn Sympa thized. By Private Leased Wl .iTU-n^o, July Jt shown Tn the ramp of th rd ths elm talk of heavy fldcnce wag . e*t bull* to- f the dny * session. The rt taking* at the cantera fact 000 bushels wheat corn this werk, comp 2.7«l t aw ' * liking* at the cant# 1 the bull help* T ho ami gulf port That A rip ntlnn Is slated to shit* l.SVI, ' and J.W0.000 hunhel* o| urusLnuBits^s ■ . A ftw nf ths Isritr mini «i(. loaflln, a little. Deniamt poof. Oete open,**! a ehsdn ra.ler on Mlttn*. iiin.tIv Ilf reeetvth, hon.ee, nurklej nmt Ituuieev alHint lie.t tiuvefs. * >ok. „ If toe*!. Tmil about »oM out ; fair bujlnf hjr Wells sud Prlnfll* In l'rurlslona west era sent n* Bept, Trade IlffUt. Ci Trade llahl raoileratelj. Chlrsiro Inter-Ocean Tn CWr* w cart ember lard. Hlbs Ia» ommlssidn house* sell flwlft broil uthej-jv^r. f'a*h business, In sellers picked up a ftw Hales of corn were 110*000 bushel* to New England nnd of oats, no.OOn bushels. At the seaboard, export sale* of wheat In all positions wets Ba.000 bushel*. In cluding ifiiOuO hasten aa 2 red and .No. 2 hard, and tha balance durum , A MluncanidU elevator man wtrea: “North Dakota wheat crop will not exceed two- third* of last year'* crop." Heportn of corn show an Irregular con dition. The mo*t bullish advices com# from central and *oothern Illinois There Is un doubt but nom# corn Is hort. but do not think It serious, ttaln this weqlt will put •n end to It. NEW YORK COFFEE. Following I* given tire opening nnd clnrlng quotation* of Fbo New York coffeo market January .. .. Oetober : November pecemWr ,.6.90-4.96 Closed Steady. I with 1.15J.00U sni respectively the week before was not rellsh-i by the trade. Corn and o*t# cloned I|.ilt-t K-ntlii* spot* showM wheat 4< • ri t.. *i * lip » Til \'(ib* Jtats Hfj T 4c off. and provision* dov bushel*, again*. _ . .. x receipt* 476,0n) bosbel*. a year ago 530,000 bQsbela. , Clearances were 243.000 bushel* wheat, lust 211.000 Imsheis a year ago. ‘egranees were 141.000 bnahel* wheat, bushel* corn and 2,000 bushels oats. 24® 1.164,001) against Clean 211,000 CHICAQO GRAIN MARKET. Open, fltfb. Low. Ot fc n fifc- I h I P S3 S3 i »3ki VM i t” ..... 14 00 fesKi m ttf 4 {JjflvTlO 9 10 9.14 Hept... 9 174 9?) 9.111 m.... H W4 9.(«) ft-Rfi CASH WflBAT*- HfctfJaawws 49 J1S PRIMARY MOVEMENT. The following figures give the primary movement of wheat and corn: _ Wte#t—Receipts loilay 1,166,000 bushel*, against bi-slnd* Mat year: shipment* today 292.'s«*» bushels, against 632,000 bush. c/« ta«f year. «’orn— Ilecrlnt* to.lny 4<6,000 bushels, against f**i3.nw bushels hint year; shipment* toqny 221.000 bushels, against 5*9,00 bushols Inst year. NORTHWEST CARE. giro the northwest Minneapolis Duluth. . . Chicago. . CHICAGO CAR LOTS. Wheat.. Uorn.. .. Oats., a. Hogs.. .* Tods v. Tomorrow. LIVERPOOL GRAIN MARKET. •Vhe.it opened H lower; 1:10 p. Or, U low* er: closed H to H l^wer. Corn opene«1 nnehnne-d; 1:30 n. m.. ut- changed to Vg lower; closed 4 lower. CENTRAL BANK & TRUST CORPORATION, CAPITAL $800,000.00 It you oontotnplato oponlng a now account, or chsnKlnif your prrsent banking arrangement, and wish to connect youraalf with a atrong, conserv ative bank, fully aqulppad to i.rvo you a* your bu.lno.H J i.tltlet, w. Invite you to call and talk the matter ovar with ut. A,a O. Candler, PraaldsnL W. H, Fattarasn, Vlos-Prs.idsnt, A. P. Colas, Cashier. John 8.’Ow.ni, Vlcs-Prs.ldsnt- Wm, D. Owsna, Aaat. Cs.hlsr, <F ATLANTA NATIONAL BANK ATLANTA, GA. C e. CUBRI8R, PrealdanL A. E. THORNTON, Vlca-Praaldent. H T. INMAN, Vlee-Pre.ldant, GKO. R. DONOVAN, Caahfsr. JAMES 8. FLOYD, Aat’t Oaahlar. Capital $500,000.00 Surplus and Undivided Profits $500,000.00 We Solicit.Your Patronage. Frank tlawklD., Prr.M.ot- 'I ,1 1 -III H . IV. By. H. M. Atkln»a. V. P. ■ Jos.ph A. McCord. C.sM.r. Third National Bank Capital .... $200,000.00. Surplus s . . $300,000.00. Dr. A. W. Calbonn. Milton Dargan. John W. Grant. II. Y. McCord. DIRECTORS! Frank It*whins. If M. AtkinsfO. Joseph A. McCord. J. Carroll Payee. EL B Rosser. David Woodward. WM. L PEEL rresldsnt. ROUT. F. MADDOX. Vic Nt w OrltM. WARE „ COTTON, GRAIN, PRO\ ... 2 Will St., fruit 6lC<to» 6ff.il>. Cl. O^I S i5n^ S^BON D8 f kUmtUMt Him York Cotloo titbmge. New Ortoiu Coffes fwtssys. l/r-rp«o. - Cotton limllSH. fntott Wirti to Now York t Now Ortrifi, ChUtf. B«n fhoot iw. Chicago Board ot Trade. Chicago Slock lnhaogt. N«w fork Coff** tnhanga. Standard Phana 2 MADDOX-RUCKER BANKING CO. CAPITAL $200,000.00 SURPLUS AND PROFITS .... $500,000.00 ACCOUNT* INVITED We invito nrcounte of Individuals, corporations, banka and bankers nnd offer the best terms consistent with conservative banking. In our Kavlng* Department we allow Interest at the Rate of J 1-1 pa* cent. Compounded S*mt-s\nnually.