Newspaper Page Text
11
IDE WAS FAIR
There Was Less Bear Pres
sure Apparent Than
of Late.
TRADE WAS BEARISH
Chiefly Owing to the Pine
, Crop Reports Now Be
ing Received.
NEWS AND GOSSIP
Of the Fleecy Staple.
Private Wlra to Ware Sc Inland.
Liverpool futures opened sternly, 2 to S
. 1 to ) up and qolet.
■erpo<d fi
op. At 15:15 u. _ __ wf ,
Sales 5,000, spots 6 up at 6.0&L Futures due
Bf rrtrata UiimiI Wlra.
}i,w York, July 26.—Th. cotton mnrltet
„ nf 4 ,teuly with a fair apoculatlvo trade
|o proircw ami leaa hear prauun than of
lit. although the feeling among room trad
ed'remained fnvoraldo to lower prices,
SW OKing to the flno crop prospecta.
are some weather and crop
In fine condition.
Following are some we
lews received late today:
Yleksharc. MIsa. —l rop li —
Mtwltkstindloa had weather; with two
Swki mor* of good weather will have
Kelis P nfoa Cl cnl!le na” rS ’“lJincushlre nnjply
g plied till mlddlo of Hentemher and even
and. Early movement may precipitate
becoming numoroue. Cloudy and threaten
lag now; muat have clear weather.
laekeon, Miss.—Weather during nasi
week wss Ideal and cotton dolug nicely.
limit.villa, Ala.—Crop In thia aectlon do-
1,, Sill. Soralu since Monday; need dry
W Sew* Orlaano. I*.—Private advices from
Ttiss art no distinctly fnvorahle that no
► duns effort Is made to support the mar*
ket'a more natural InrUnotlnn to decline.
Haalehurst, Mlsa.—Crop condition finest
srsr: weatlwr has heea parted
Liverpool cables: "Epnihay i
Stock Is Insured for 6,000,00!)
"/aothcr Idverpool cable- anya: "Market
talking bearlah In conacquenca very favora
ble crop newe.” .
SPOT con ON MARKET.
Atlanta, steady at 10ll-16c
N.w Orleans, steady at in»ic. ,
Nsw York, quiet at 10.90c: Bales M con-
, ; ; .1.11 y*or*»c! off routrnrt, 100.
Ivtrpool, qbipt at b.om.
Si quiet nt 11 lMSc.
quiet nt 11*40. „ .
, steady «t 10 15-1
I4v«rpool
»
Pt. Lotili
knnuiPVpMVl
S IoMle. dull nt 10He.
Norfolk, steady at UHc.
laltlmore, nominal at
UHc.
LIVERPOOL COTTON MARKET.
. Liverpool, July 26. 12:15 p. m.—Cotton,
spot business moderate, "1th prices a toady;
middling uplands d.06d; soled' 5.000; Ameri
can 4,W0: aneculafioD nnil export 500; re-
c- Ij-t« S.000; American 100.
Futures opened Awn.
ripening 1’rsrlons
Ranee. Close. Close
July 5.81 5.77-6.78 5.76-5.77
Juir-Aujruat. , . .6.76-5.78 5.74 6.73-6.74
AoiUlt'Sept. , . ,.5.68-6.69 6.65-5.66 5.65-5.66
Eept Oct., . V . .5,62-5.63 5X9 5.69-5.60
oT-Nov . . ...6 58 6.55 6.56-5.66
Nov.-Dee.. \ .. .6.58-6.56 6.54-5.65 6.66
Stf -Jan.. \ .6.68 5.54-6.55 5.65
Jan. Feb!! . ,,..1.69 5.65 5.56 5.56
Ffb.-March -••••• J-68 _
March-April. . t .5.13 6.59 5.69-5,60
Closed quiet.
TODAY'S PORT RECEIPTS,
Tho following tabl* shows receipts at tb«
C ts today, rontpared with the sumo day
■ t yssr.
^ 1006
1905
Kre Orleans, . . • , .
GnlvrstoQ,
Mobile.
Rarnnnnh.
CbartestoDr
Wilmington. , . . . »
Norfolk* . . ... . ,
York,
rWlMelphla'’.
3089
m
•1
8290
47M
'fl -
2712
7
1
S
Totals. .......
6290
12728
INTERIOR MOVEMENT.
1906
IMS
RntutoQ.
Aagusta.
riarlnnstl. .,,,,,
8*5
<9
*IT'
1785
170
eT"
Totals.
1746
2870
GIBERT & CLAY’S ____
DAILY COTTON LETTER.
N.w Orlaana. July M.—Cables were no-
mtrnns and iiearlslt to a degree In tone.
Isvorable crop adrlcea went Jo the other
•Me. being too strongly nn Influence In
favor of lower price*, notwithstanding the
tact that the major sentiment, financially,
fn Liverpool could linrdly be nnythlng <•!*»*
but bullish, In view nt the large stocks of
cotton held there. Options w ere unchanged
to l down on close and spot sales. 57000
bales, advanced 6 points. Today s decline
wm manifestly In accordance with tho le-
ultimate Influences surrounding the trade.
No pronounced pressure wss brought to
bear. In spits of the fact that crop uew*
continues most sntlsfmtorr. The few
elenr and warm dnya that the belt has
•xperlenesd of late seem to haTe heen or
treat hensfit - to the plant, nnd our crop
•dvleei today report no deterioration other
than local shedding and grussy Adda. In
Texts, the uniform progress made Is most
ntipfactory and encouraging. nnd some
•uthorltles mnlntnln thnt tho present
condition Indicates n yield fully ns largo ns
the great cron v-nr before last. Wore this
the only difference afftettef market prices,
it would be unreasonable to suppoao that
bullish enthusiasm could nowhere And a
foothold, but since there must also be reck
oned the well supplied condition, said to
extend even through Bumtemlwr, of the
pill eentsru of England, and especially
torn-aster, and prospects for ao t*fiy
pavement of new cotton, together with the
be ample for
nberlng the
•***rprndoetlon. It do«*s not appear to
5 radical step to take In declaring that
aeeifitf»s are far more likely to occur than
•nhincement In values,
ware a lelano’s
DAILY COTTON LETTER.
New York. July 26.—The sharp reaction
P* short covering yesterday left the mar*
* # t In rather n wenkened condition when
broker* attempted to sell a few thousand
tolas this morning The result wns a loss
* practically all the recovery during the
tony trading, nnd prices ran back to prac
ytony the lovV point of yesterday. On the
;* Una, more short covering was lu *v|-
which served to steady the tone.
of Commerce says: •‘Cotton has deteriorated
slightly over the Carolina*. due to excessive
rains, and fields are grassy. No complaints
of shedding or Insects. Good proportion of
CJtjP laid by."
Tomorrow Is notice day on August Ex*
pod liberal tenders, nnd. n* have no places,
will hare to sell long August If tondered.
Trade moderately aetlw, outside orders
mostly ou buying side. Locals disposed
to bear market.
Wilson Sofferlng 5.000. October at 1) 21.
H. Wilson offering 5.0*) January at 10.84
and 6.0U0 October at in. 19.
Jones offering 6,00* December at 10.90.
Dick Bros, selling December. Schlll buy*
lug. #
New Orleans, Jnly Ju.—Liverpool cables
nre favorable They vote due about 3 up
on both American raafkets.
The market lx soft under n flood of very
favorable crop news. Reliable people are
sending In reports from tha Atlantic which
are nnythlng hot bullish. Local bolls ap
pear to fear the effect of August tenders
In the New York market. Spots are dull.
The net stock of cotton In New Orleans
Is 80,98 bales, against 51,006 nt this tlmo
Inst year. The amount of rotton on ship
board Is 17,836 bales, against 16,991 lost
year.
A few notices have broken July. So far
os wt» can learn, not over 400 or 600 bales
have been tendered.
Notches. Miss., wires: **T. Goldman, from
Torrns Points, Coupe Parrish, Louisiana,
reports having two holes of cotton out.
Would gin It but has no gin near. Crops
best on record.”
A letter to Thorn A McGinnis from Gas
tonia, N. C.. says: ‘•Have boen over most
of the North nnd South Carolina territory,
and everywhere found Q good, healthy
plant, although In some sections Jt Is n
little smrtIL Every field examined- seeuind
to he well fruited and If shedding does not
begin soon we can depend on a very full
crop,”
Private Wire te Giber* & Clav.
New Orleans, July 26.—We have tha fol
lowing night wire from reliable central
Texas friends: "Haloing hard this after*
wo want dry weather; rain doing
damage.” • _ .
We understand the Southwestern Buyers
Association shows. Texas condition 90 aa
against 84.6 Inst month. Present condition
Indicates a yield as largo as ysar before
°Our traveling representative wires from
Fort Worth: '‘Conultlons around Dallas
good: had too much rnln north of Dallas:
drove over part of Ellis county, also Bell
county; no boll weevil rot: spent two days
lu fields: plant full of blooms; no signs
of weevil anywhere." ...
Map very favorable, only heavy rain being
at Oklahoma, while scattered showers oc
curred over widely different sections of the
holt. Central Btntes are clear. Cloudy con
ditions elsewhere. *
Western forecast: Cloudy, with scattered
showers probable In ell sections excopt east
Texas anil Arkansas.
Eastern forecast: Tartly cloudy through
out. with showers Friday In all states ex*
•opt ^Il»sls8lppl.
SHORT COVERING
CAUSED STRENGTH
New York, Jnly 36.—Tha Sun says: Tha
tone of strength was from the covering of
shorts on this side. This wns prompted
by n number of causes, bor example, the
stock markets looked better to tho cotton
trado and the Russian situation less threat
ening. Insurance rates here under the
new rules will not bo prohibitive and the
natural Inference Is that steadily decreasing
stock of cotton nt Now York will be held
with mora confidence. Spot interests were
buying August and the operator who has
headed the bull party In the past Issued a
crop statement of n bullish cnaractof. IIo
states the condition nt only 7L8 per cent,
or nearly 3 per cent less tnnn on Juno is.
nnd only n little over 3 per cent bettor
than that of n year ogo, these comparisons
being made with his own figures. More
over. spot markets were pretty generally
firm, dry goods reports are^ beginning to be
more cheerful and the short Interest Is sup-
ased to be pretty heavy. ....
The fluctuation!, however, wero within
moderate limits, and It li a fact beyond
dispute that generally people Incline to the
bear sldo owing to the Impression that
whatever tho drawbacks reported here
and there In the belt from time to time
prop Is on the whole doing welL
antlme the Booth continue! to MIL
tho buying Is rather to cover shorts
than to emoark In ventures on the long
dlile of the innrket. The UoMlitn .Itnailoii
Ih still nnturnlly more or less of » 'llsttirh.
Inn Vector, o, very mouy of the cotton
trede look for farther trouble In that coun
try. The Booth sold here to somo extent,
hut New Orlesns nnd Lly. fi'iiu bouRht. Ko
did well known room traders. Texes opera-
tors were buying In fcsw Orleans. Tho ad
vance wap by many regarded as a momen
tary rally and not nt all surprising after
the recent decline, eapeclally a* the
Interest in the room had become somowbat
Urge.—Qlbert k Clay.
New Orleani, July 8.—The TlmtirPcnjo-
rrat aays: The aplrlt of eipttooTa abroad
fn tha cotton world, and the dally dope
now appears to carry less sentimental in-
flnence than old-time traders ever expected
to witness. Europe threatens revolution
and the belt threatens mother large crop,
g date
STRONUN TONE
Duo to More FavorableTum
of Affairs in Russian
Situation.
ADVANCE LATER LOST
Due to Profit-Taking Sales.
Arbitrage Sales Esti
mated at 20,000.
By Private Leased W|ro. x
Now York, July 26.—The strong undertone
was by no means lost In this morning’s se
curity dealings, but the mnrkut felt tho
weight of profit-taking te a much greater
extent than on tho previous dfiy, and as a
result the movement was extremely Irregu
lar, some stocks rlsl»»- their previous
high points on the present upturn, while
others declined. Jit general the strength
lay rut her in tin Industrial quarter; In the
Steel stocks, which were bought 111 antlel
pattern of u very favorable tureo mouths'
statement due In a few days' time: In Ten-
hniw Coal, Colorado Fuat, Caat Iron and
Pipe and othera of tho aame class. A faw
of the railroad stocks, anions thvm Raad*
lug, Union Pacific, NortUenj Tnclfic, flmt
Northern, 8t. Paul and Atchison, mode a
show of continuing their rise at the open
ing. Rut realising sales, which were heavy
at the outset In {southern Pacific nnd other
recent lenders, soon spread to the rest of
the railway list, and these Issues as n.fhla
lost ground. Soutlrneut was greatly mixed,
with ;
tlvity aud prices showing moderate gains
over yesterday. With the exception of
Southern Pacific, which was down *c, the
general list was up from Ufi?4* , . .
After ten minutes tradlu* the market
■old off moderately on profit-taking.
After n decidedly Strong opening, on
which odvauces of l point or more wero
mode In many l**ues, the market yielded
under heavy profit-taking sales, and a Inrge
part of the early gains wos lost before
the eud of the first hour. The total arbi
trage sale! wai estimated at 20,000 shares.
Other bonds firm.
LONDON 8TOCK MARKET.
STOCKS—
Anaconda..
Atfhlfion
Canndlau Ps' iflc,,.. „
Chic., MU. and Bt. Paul..,.
Erie.. .. .. *
do. preferred
BSSaS^afodii.:';
Now York Central. • » » •
Pennsylvania.. .. ,, ,, „
Reading.. .. .. .... „ m
Southern Pacific.. , f *• *<
United States Hi eel. . .
do. preferred,. .. .. ..
Jnm|Clos|cioa
249%!260 ‘ (246
0041 9084 8Sti
163% 164 16: W
lb0% lMtill-9*?
42*{ 41% 40%
77% 1 74*. 77
- —U 1TB*4
cost nnd Importance ef each mw
move, nnd last but by no ni***)* toaat^ lB
Sen I flea nee, In the better balanced
ship of producer nnd TJfJjfjL
,ka lime holnff has robbed speculation of
a? &rssr*M b**>« ,
tench ot,lt«_PO!*.’;r.„Throa ? h ^ho
•roteetod their
tlon of the/actoal cotton market
gassassSH
ceie in other y«re »B<«f «lmB»r J>Ht»
bxk-sw-msS §.
W.««3Se«*iLsyt
ic% m
be lightly pushed
V»*Vf
tetlc, of
it the m
ice ef Jellelte «'
recent decline, room trader,
market op e*eln- For tho mo-
agn WFa sr.lsts
J ^:;7r r, om7Me”"thThS.r hemracr-
t5». h th?ra we. rm '' , V,* 11 5 , “JS 1 ,r,h.t
Rpjbjs
Slxt few dare Will Wind no the nry.er
flfegOTJBHH
,hnt . , . h 7n t r.tSr ?le« ln*lt« prngr. ... ■
GIBERT & CLAY
<• A ALABAMA AT.
STOCKS. JONOJ.
COTTON. O K AIN
eorrcc.WKovi«ioN«
ATLANTA. OA.
COTTON 8EED OIL MARKET.
New York. July M.-The trndlit* woe
■lain more ecllre, bet purely encciilellTe,
■M the feeling wee Arm. with prlcoe ehow-
jug but Blight change. The Inter moutlia
were offered more freely. Cnnh trading
wn» qulot, nn the market nt he pregent l>
liitlueneed to g.une extqut hy gpeculntlve
mnnijtulatlon,—Wero A I.ninnd.
* Opening. Clo.lny.
July BltS 55 Jl™!*
Augu.t J
September .. •• J
October *
November.. .. ...... J
December .. *
Hates, 100 September it
nt XL Cloned itendy.
RANGE OF NEW YORK STOCK MARKET
AlimljfninMtfd' l'op|H»r
Atlantic Coast Line...
Amerivau Su^ur Ut-finlug
AuaroiitlH
American Locomotive..,,
d.i preferred
AniiMlrun Buicltlng Rcituluy...
do pr~* *
Atchison
do pmprreu.....|,tteoet•»•**• ••••••
Anu-ricau t'ottim Oil,,,,,,,,,,,,,,,
ItiilthmirM uml Ohio.
ItrtMklyn Rrtpltl Transit
Caaadlan Pocltlc..
Chicago and Northwestern
ChcKspoake and Ohio
Colorado Fuel aud Iron
Central I.«stlier.
do preferred
Chicago aud Grenf Western....,,,.,,,,,,,,, ,,,,.
‘ 'hit ago. Milwaukee un i Bt. Paul
Delaware ami Ilmixm
1 Met tiler's Hccurl tics,,,,,,,,,
do l)refcired «... •....•mmmi.
General Electric.,.,
llliaoiN Central
A moil can Iro Beonrltloy ,,,,
I.oiiUn lllc aud Nshhvllle
Mexican Central
Missouri Pacific.,
New \ork, Ontario and Westsrn
National Load
Northern l'MWI.i...to
New York Central.
Norfolk nnd Western.
I'eimsylvunla
Peoido's Gnu
Pressed fit eel Car
do. preform)
Pnelfit? Moll
Rending
Republic Nteel
Rock iNlaud
do. prof erred.....
Upltod Biates Rubber.,
.[Sgff.
Hunt hern Hull «vu y
do. preferretf.
Sloss-Sheffleld
Tenures*** Coql nu«l Irou........
Texas and Pacific
Union I'aclflc..,,,
United Hrates Steel,
do. preferred...
VIreIMn-Carolina Chemical
no. preferred...,
Wabash ...i
do, nroferred.
Wisconsin Centra!
do. preferred...........
“Total stock sales today 923.500 shares.
Ha% io'i%
137
137 137%
249% :'4!*-t
114 4 ill I pn pi "I li8'’| U3
146% 147 .
117% 117%! 11T‘{
1*1 : »IV 90*i
!•*•% 1 *
*>h sum x>%
1U%| Ih** 117%
75% 74 , 74%
163% 1(4 163%
91%
146% 146%
117% 1W
91% W4
l»%
’HU *iivi
ISO 161
l»li
11»% U«H 117%
... 75% .4%
163% lM\ lulV*
]'.•% , lv:%, l;*6
M% 67% 66%
62 61%
3fl%
lu>% H'l»s
i7% nil
RANGE OF THE COTTON MARKET
AT NEW YORK.
The following Is ttm range la cottoi
futures In New York today;
Loaf Previous
Open. Illah. Low Class. Close.
July. .10.03 10.03 10.03 io.o;t or -
Aug. .10.03 l""c 9.94 9.96
Bept. .10.1? 10.18 10.08 10.0« 10,i
Oct. .lap 10.25 10.15 10.17 10.
Nov. .10.5 ia» lo.so 10.26
Dec. .10,34 10.85 10.34 10.26
Iso. .10.37 10.3 10.29 10.30
Feb. . .... .... .... ....
Mar. .10.49 10.49 10.43 10.43
Closed steady.
AT NEW ORLEANS.
„ The following Is the rang* la cottoa
futures fa New Orleans today:
I.nst Prevlnue
Open. High. Low Close, f’loa*.
July. .16.11 10.66 10.75 10.75 10.73 76 10%h SO
H"ift. ;IS8 jfR mS Ins? J.lvsJ
On. .10,81 10.M ltt.16 10.16 ie.16 It 10 M 34
Nir. . .... .... 10.17 II |o.M.»
h ftk n Soil ill W ill
Feb ,,,, .... l'»,27 jo.is 40
.... 10,87-39 10.46-47
TIPS FLASHED
From Wall StreeL
& m
i? JF
ATLANTA MAFKETS.
FRUITS AND PRODUCE.
Offlclnlly rorrect«J by AtlnnU Fruit 1*4
Produce exchange.
LemooB. 65.00 to 66.60.
pineapples, e**ev w» **.uw. . ..
lUnnuaa, •trnlghtn. t-- bn"ch 61.50
61.75. Cull., per bunco, 61 to 61-65.
"wntcrmclnng, 67.50 to 650.00 per 100;
6LM to 62-60.
■— bq»c^ JUO to
^ de.
“fouC™y AND COUNTRY pnODUCB.-
KaiJSrv 4
to 65c; puddle 25 tgMit.
Dressed bens, per !b„ 12c to 13c.
LW r .M"''.'V? r 'lf;’ , g-to 62Hc: cook-
,n froney-New 1_ S^ li° taj In ,1-lb. racks 10
®VKOF,f ABLEA-Irl.b polntoe.. No. 6
Mock 61 li.rrel: No. J
Tomatoc, per crate. 76c to 61 25.
Old Irl.h potntoci, |>tr t.ti.he! ll.*.
Old aweet potntoc., per bunhaL 61 o 61 *.
Dew .wept potntoen 61.50 htisbel.
Chcrrlc., 24-quart <■ rnfc. l 150tn 61.75.
fnntnloupen. per crate, 61 to 6L50.
Ulnckberricg 10 tu :fl,e nunrL
Dewberries 10 to 12W: quart.
FLOUR, DRAIN. PROVISIONS.
PLOUfL—Vo.tflB l.legant 66.10; Dlnmond
E tenL 66.75; MaKtataTn Htnr. 6*.<6; fancy
tent! 64.76: ltlue Ulbbon. M.10; fancy,
;•<; aprlng wheat patent. 66.4 t to 66.75. i
CO Its.-Choice red col. 76c; No. 2 white
76e: No. 2 yellow 76c; mixed 74c. ,
OATH—Cnolce white clipped. 62c; choice
white. 60c; choice mixed, 4Mt; Texaa runt
^MBAfc^riein water ground, per ha.heL
73cJ bolted 1401b. Jute., per hc>h«l. 66a.
Hhorti white, 61-40: medlubi, Si-66; brown,
$i 3.); purs bran, $1.15: mlxvd brsn, IL10.
* ilXv"-Tlmntby. cho c, l.rg. WAblQlJ
A n rholcs siusi: <1.14; do.. No. 1
timothy l»nlss. do., No. 2 $1: do., No, J
riover mixed $1.06; do., No. 2 closed^mlsed
Clover.-Choice 90*. k ,
The above prices are f. o. b. Atlanta, and
subject to Im media tv ecceptapcv.
** 3 groceries. ^
SUOAIL-Standara grauuUted 6c. New
Tort Ilctlncd i'e to 4H; plnnutloo, 4tt to
'VorcK?-'to"*”" ArbuckI,', 616.60:
bulk. In bog, or barrel., 126gc; green 1J to
1-.-. Market normal.
RICES.—Carolina 454 to 754e. according to
e-,1, Market very .trong.
‘cilKCHKeE'nncy full cream dairy, 1414c;
twin. 14c; brick, lie. Market .trong,
PROVISIONS.—IMBrara. hum! 16C. Dor.
im. 1644c. California bamo l Uxc: Ited Crne.
ink Ur. Dry oalt txtre riba, 50 .5; helllea.
4 lh« , 610 25; fat beck.. 3V-; plat*., »V:
inremc l,rd. 6S.76: Red Croai. 10c. Snow
rift eompmind, 71<c; Ini Croai, 7%e.
STOCKS AND BONDS.
Bid. Asked.
Georgia 4446 1516.. }JJ
Georgia. O' It »10 1#
Haceanah 5e. 19(B 10264
Macon 6e. 1910 •*
Atlanta. Ee. I9JI-... K6
AttanU and Writ Point 165
Atlanta and Weal Point Debta. 107
C. It. Of tleargl* nrat Income....
do. i5*<*ftD<l ISMM..,..,, Jn
do. thirl lncom..e ^
aSO** aad fii»v»»oa'kl”iI^iI Ilf
104%
103%
l"V-»
’rlvuto Wire to Glbert & Clay.
Nsw York, July 2(1.—Daniel Odell A Co.:
Improveiiifnt In tin* Itussfnn sltunllon re
orted tl»ls morning should bn followed by
rti.'ulcrilMir fi<•»T\ 11 \. 5 n
lively bullish, supported by Infi/Vinallou nn«l
iffliuli ul rufi'lltItuiN, tin* Intifi- li.< lii-nii.,' it
very largo shortage horetofnre uudervstl-
nip tod. Devclopmeuts over night aro prac-
llnilly all favorable to cnlmnrrmtot Of
stock mnrkot values, which are recognising
-ElllMly than linratoforo, nnd that
rqllroad earnings and lndustrlsl receipts are
Increasing.”
.Mnrkot mny bare setbacks from tlmo to
time, but look for gradual Improvement.
.Marshall, Bpaden & Co.: ••Tho nows re
ports State font tho public Is not trading.
Imt iv# qro InrltnM tu bo||<>vo this Ih mily
partially* true, and It appears to us that
the prceent upward movement also hns tho
support nnd approval of the largor Inter
ests.”
Hlmrp advance In Russian securities re
ported this morning, mu! tho postponement
of the Industrial strike, which was fixed
for finturdny.
Wo think Union Fsclflo will follow the
innrket up; perhaps, lend It.
Uptown sentiment: There Is still consid
erable skepticism uptown with respect to
the recent activity and recoveries In some
Of tiio active stocks. It Is believed by
the conservative Interests that the Improve
ment In the Russian situation can be only
temporary, and that a general overthrow
of tho government must come sooner or
later. It Is admitted, however, thnt If nt-
fairs In Russia continue to Impravo, It Is
probablo that our markets will be consul*
short In view of tho largo crops promised
and the enormous Inndm-ss that Is being
done lu nil lines throughout the United
States. On tho other bund, they maintain
that they do not wish to mako commit
ments on the long side, bat will hold for
a long campaign.
Private Wire to Ware k Lclnnd,
New York, July 26.-Bank rate unchanged.
London %c up on Americans. Russian 4s
op 3 points. . . ,
Railroad earnings show good Increases,
an announcement expected on Hr. Paul
financing plan today, nnd thoro are bull tips
oil It, as well as Southern Pnctflc, Atchi
son, Southern Railway nnd Hte«ls. It Is
thought Amalgamated Copper dividend will
lie recovered quickly. . . . A
There may be considerable hurrah In tht
early innrket, but nn unwelcome feature
|in«o poor response In bids for New
York city bonds.
More than likely, advances In stocks will
bs utilised for liquidating purposes, espe
cially should the big short fntorcst become
frightened.
There If a bull tip oat on fhosnp
and Ohio from Philadelphia this morning.
It will be remembered that there Is a
strong campaign on for a higher dividend
roto on this stork, which Is corning sew-
oral times In oxers* of Its rate at present.!
The Dick following will, It Is said, be
come nctlvo on the long side of Cnesa
peek# and Ohio.
It Is rumored from tho board this morn
log tblit I billing In tiklng pin CO III
Baltimore nnd Ohio, which In not In plen
tiful supply, according to reports received
from too room. Wo suggest that thU stoek
Is In n position to ndvonco gradually to
a considerably higher level.
Hperulntlvo profit-taking hns taken place
In the early operations today. Thorn Is a
tendency among longs not to neglect fair
return*, owing to tho nos<i|bll|lltfs of roat»j
tlvn during the remainder of tut week.
PRICE CURRENT CROP REPORT.
rain on wheat lu shoes; no mater
yet apparent. Fine yield and quality,
torn making good ndvancvmeQt. Oati
short, but bettor than yxpoctad.
THE SUGAR MARKET.
raw sugar steady and unchanged.
London beet market steady; July and
August 8f 6%d.
SOUTHERN EXCHANGE
Oldeat K,tabllah,d Offlc, South.
COTTOI—STOCKS— SOSOS - BHUN
Ground Floor Oould Bulletin*. Dally
market Mtar kad marital manual
tnaOod ok application.
L. J. ANDERSON Sc CO
Bankers and Brokers,
COTTON, STOCKS, BRAIN
Comspesdsst's Capital 8250,000
RcriniNcc, thc ncal bank
PHONE I MT, PKUOKNTIAI. OtOC
HUBBARD BROS & CO., Sm
Atlanta Office., JH-JJ1 C.ntury Building.
Members New York Cotton Exchange, New Or-
leans Cotton Exchange, Liverpool Cotton Amo-
elation, Chicago Board of Trade, New York Cof
fee Exchange, New York Produce Exchange.
Business solicited for the above exchange*.
Direct wire service. Correspondence invited.
Phones 454, Long Distance 39. A.S. Hustsce. Mgr.
Htw Or/sssf
_U&L
COTTON, G
«• 2 Will St., tmldiij. SUtr.it. Ct.
MiMien „ _ .
few Ytrk Ctiitt htebtngr CbJ<t§o Bjtrd sf Trtdt.
^roviskinsSto^ksPbonds,
Cl/csf*.
Htw OrlttBt Cclttn hch
Lhtreco: Cv-fffi *
ftlttit Wn*i
teil Shore 1242.
Chit
York, Hew Orleatt, Cklttge.
sioget.
ard She
NOTES ON GRAIN
Pointer* on Provisions.
Prlvata Wlra to Glbert k Clay.
Chicago, July J*.—Liverpool prlcAl l°^t
about tho advanca made yesterday. Oaf
market tost more. Thera Is nothing si
ling In the Russian situation, nnd fee*
of wheat here overruu estimate* llban
All thl* probably means so raster o
Ing. There rrams to Ini no generally
rlous complaints from th* odribwast,
though Winnipeg reports severs rain and
(nil In Manitoba last night. W* *UI1 fe«4
that the loug side will bo mora comforinblc.
and That declines will ba small, campi
to wbat advances might be.
Weather in the corn belt of this state
nn 1 part «»f Indiana la still hot and dry. We
toak for higher prices.
The big advance In hay will keep oat*
fields laid bare by to* hall.”
Our crop expert wire* from Huron,
D.I I. . i ul r •:» '• Wheat ii:Ms-g fine. It .tilth
of the dry weather Is
hind their oats, Insteai
from the tbrashei
although there
nols and western
are acattorad dry wrath . _ _
ern lUlimU and pari* of Mississippi
lluols points sent In a largo numbr
unfavorable reports on corn condition,
finmplcf wart, fiprlngfleld, thsre Is no doybt
her of
!Od to It.
aln this week will put
■MHeat seeiqs to have boen nbsorbad by
couple pnrtle*, nnd It looks as If Now York
Tins taking some.
A muplu camralsfson houses good buyer*
of wheat. I.ooke Ilka Now York.
Tho only conspleuoiit buying Is ay v*l-
eutlno, who hfl* bought about a half mil
lion wheat.
Tho corn market was easier on Improvod
weather In I«mn and prospects ««f rain In
thl* stAto and Indiana. Dolling largely by
In al longs. A tow of tho larger one* uu»
loading n little. Demand poor.
Oats opened a shado cniilar on selling,
mostly by receiving bouses. Rucklty and
Rumscy about boat buyers.
Looks ns If locals had about sold out
now; fair buying by Walls and Pringle la
Provisions weak ®*d lowar. fiwlft brak
es selling Beptsmbur lard. Ribs lower.
Trade light. Commission bouses selling
moderately. ^ . . ,
Chicago lator Ocean: Cash business In
wheat in Chicago way confined to cor lota,
clerutor BNDW Taking nil tho offering*,
although local sellers picked up n few
* fiiiies of corn wore 130.0M busbols to
New England nud of oat*. 339.000 bushels.
At the •oobofrd, export sal** wheat
In nil poStlons were p-.OiO bushola, In-
mdlng %I2.000 bushel* No, 1 red aud No.
hard, and the bo fanes durum.
A Ulnuonnolls elevator man wires: "North
Dakota wheat erop will not exceed two-
third* of last year's crop.”
Reports of corn show an Irregular con
dition. The most bullish advices como from
central nud southern mlirbts. Thera In no
doubt but some corn Is hurt, but do not
think It serious. Rain this week will pQt
on end to it.
NEW YORK COFFEE.
Following l! given too opening nnd closing
quotations of the New 3 ork coffco mnrkot
today i
Opening
Range. Dose.
Janaary...,,* «* •• •# ,,B.M i.R5 *.95-7.fi6
Fobruary, ,,,*.**• 7,10 7.fifi-7.10
ESP";.. .. j*
April.,. , # i ,. 7 Mi 7 2*' i -i
Mny , . }. ,f.80 7.80-7.85
Juno,.,..!.. ..f-Wl 7 9* 7.40
Iv '.V .fl.WOCf. 5.00fl«
Anfcit,. .. ,* ,.!! *m. .4AB 8 85 0 00 0 05
September ••*• .»4-® „
October...,
November -j-SiS
December,, .. •* mt ..5-90 9.95
Closed itoody,
*.75 000
r to •; hf.
c •; %
HEAVY EXPORTS
HELPEDTHE BULLS
Wheat Closed Higher aud
Corn Sympa
thized.
nr Prlr.t. (.Mint Wlra.
Chicago. July 30.—More confidence wi*
ahouu In the canxn of the wheat bulls to-
w.ii-l tb- f tl.«i tjay’* •••■almi. The
talk of heavy export taking* at the es*tern
and gulf ports wero tho bull helps The
fact that Argentina Is slated to ship 1.WJ0,-
in") bushel* wheat and 'i.bushels <*f
corn tbla week, compared with l.IS.'.tvu nn<|
8,712,009 reepectlvaly ike w.-^k i-ebu,- was
sunf
“« off to HOVic nit. ••■irn Ufc lowor.
■I* ‘>»t:,e off, .nq provlrion, down 2'»W
Primary r»«5ot« «f whrat tv,r« 1.164.0-)
Dilirii. nnlnat 103,00) . y-nr ,«o; corn
tcclpt, 4,o.if) buihelx, . ycor n,,. Sat'.ioo
i* tic In. . ,
t-lcnrnncc, xr,r, 243.000 bnatipl, wlt-.it,
.ynltint 211,006 ltn,h.1, ,T»r a aa
tllcnrancc, w,ra 146.606 liuthcta wheat,
211,006 tiuahcli corn nntl 6,000 baahela ontau
CHICAQO DRAIN MARKET.
nigh. r.ow. cioae u„
7554
76k
It*
.MS
46»;
-S
:»S
non
• ’%
4*w
foil
W'i
i9
Sit
Mi
Open
WHEAT-
fc
DM,... *
fiept.... 5iS
Deo..... 4s %
*5% 35% 84V4
lept.... BK &H U
Ire..... 81% 84% 84
FOBS**
SlpV.: it:66 if.33% w.m
a sibk^'
fife EK EX IB“ s
LADD—
MFmm 9-19 9.W 9,10
fie.it.,, 9.lfV4 8.20 9.15
' i.yyg • ¥M i.k
I'Afill WI IB AT
No. 8 red 76Vi77Uj No. 8 do 75%'(/T«V4;
No. 8 hard winter 154h J dp i4%'(#
75%: No. 1 iinrtbern spilng tikiir, No. 4 do
7>l\u;n; No. 8 do "Iff70.
14.60
8*3%
90
97%
9 II
9 K14
h T»7%
PRIMARY MOVEMENT.
The following figures give tin
imvemeiit of wheat nnd
Whoa l Receipts today
primary
000 bunhels,
i Rocolpti
ngnlnsf 90:."JO aunhel! last year: shlpmsnt!
today 891,000 bushelH, n gal list 63'J.Onfl bush-
uy
.. lust y**<
Coni—ifec
giijnst f.aLi«>> buMhels lust
mliiy 223y000 busbols, again
s«t year.
t utlsy 471,000 bushal*
lust y*nt; shlnun
‘ - uu*l
t 5*9,000 uushel*
NORTHWEST CARS.
Minns* polls.
Duluth. • . .
Chicago. . .
k nud lus
Todo y. 1
northwest
year:
axt Last
eek. Vear.
CHICAGO CAN LOTS.
. Tomorrow.
2 533
3 H6
LIVERPOOL GRAIN MARKET.
opened 1
1 % to
d-orl,:
changed
CENTRAL BANKS TRDST CORPORATION,
CAPITAL 6500,000.00
It you coiit.inplat* oo«iilnc a saw «e-count, or chnnglti* your proMnt
bacKIn* arraugam.nt, and with to concoct your.elf with a .iron*, ooaaar*
.tiro bank, fully equipped to Mrva you a. your bu.loen. Juntlfltn, ws
Inrlle you to call and talk tho matter orer with t|«,
Aw 0. Cnndl.r, Pr.aM.nL
W. H. P^tnraon, V!c.-Pr,tld,nL A. P. C^.n, Canhlnr.
John S. Owim, Vls«-Pr,,ld,nL Wm. D. 0«»i, Anl Chlw.
r
ATLANTA NATIONAL BANK
ATLANTA. GA.
e E CURRIERr Pr.ald.nL A. E. THORNTON. VIoo-Pra.IdonL
H T INMAN, Vloa-Pmldwtll OEO. R. DONOVAN, CnntilM.
JAMES S. FLOYD. Ai.’t OaMtl.r.
Capital $500,909M
Surplus and Undivided Profits....... $5!0,!!!.!0
We Solicit Your Patronage.
M*r. B 0 "w‘Vyir.V A..f. r„»l«.
Third National Bank
Capital .... $200,000.00.
Surplus .... $300,000,00,
Dr. A. W. Cnlboon.
Milton Dnrxtn.
John \Y. Oran).
It. Y. McCord.
DIRECTORSi J. It NunnaUy.
Frank lliwkin,. J. Cn'tpH
It II. Atkln«on. L *■ Bnranr
JoMph A. McCord. Dnxltl " wriwirff
WM. L. rilFl.. rrraldcnt
ROBT. V. MADDOX. Vlw-Prw.
TI10S. J. PEBPLBS. Canhlnr.
JAS. 0. I.ESTKR. AM’t Cnnhlcr.
MADDOX-RUCKER BANKING CO.
. . $200,000.00
. . $500,000.00
CAPITAL
SURPLUS AND PROFITS . .
ACCOUNTS INVITED
Wo invite accounts of individuals, eorporntionp, bank*
mid bunkers and offer thc best terms cousistcut with
conservative banking.
In our H.ivlr Ki DcpartnMnt w allow Intercut nt th. Rat. of 2 1-6 p«r
cent. Compounded Semi-Annually.